there are laws to protect the environment. These laws and regulations, if implemented in the United States, could create a threat for Cimarex, and companies like Cimarex, by restricting or placing an environmental tax on the production of oil and gas. Oil and gas production are subject to regulations from Federal, State, and local Government. To work with the given regulations, it is mostly difficult and expensive, and can affect operations. The company is hit indirectly by these federal and state
most people are familiar with unless they are well informed or active in local government or natural gas extraction. “Hydraulic fracturing, or fracking, involves extracting natural gas from shale formations underground” (Collier, Galatas, Harrelson-Stephens, 2008). During the process known as fracking, millions of gallons of water are shot underground into shale formations to help bring the natural gas trapped inside the formations to be released so that it can surface and become available for extraction
Houston, Occidental Petroleum Corporation is the fourth largest U.S. oil and gas exploration and production company based on equity market capitalization with operations in Middle East, North America, North Africa and United States. Occidental Petroleum or “Oxy” mainly operates through three of its subsidiaries, Occidental Oil and Gas, OxyChem and Midstream and Marketing. Oil and Gas Oxy’s oil and gas exploration and production operations are focused on mainly three core areas – The U.S, North Africa/Middle
Miranda Challenges in the Production of Shale Gas in the United States and in Logistics and Transportation of Natural Gas in Russia Research presented to the GRP: Global Energy – Competing Perspectives from Western PA to Eastern Europe course, taught by Prof. Susan M Hicks. Pittsburgh June 2015 ABSTRACT This research report examines the challenges in the production of Shale Gas in the United States and In Logistics and Transportation of Natural Gas in Russia in the past recent
This case examines Range Resources, one of the top natural gas production companies in the United Sates. Their core values and corporate culture, have helped pave the way for them to be leaders in their industry. Range Resources has been praised for their economic and social benefits to the company’s surrounding communities. Additionally, safety and concern for the natural environment is one of the company’s top priorities. The company’s president and CEO Jeffrey Ventura is credited with the decision
Meat Production: Greenhouse Gas and Water Usage There has been a lot of recent media coverage on the World Health Organization’s (WHO) declaration that processed meats can cause cancer. The evidence is not new; however, WHO’s announcement brings increased attention to the matter. In addition to the human health effects of eating meat, there are also significant environmental impacts—greater than any other type of food—to supporting the desire to consume meat and dairy. Raising livestock for animal
Evaluation of the Impact of International Environmental Laws on Oil/Gas Production Background National oil companies (NOCs) are reported as having become "key actors within, as well as shapers of the international oil market." (Chen, 2007, p.4) Chen additionally states that in consideration of the shadowing of geopolitics with geology a great many of the world's primary basins are situated countries that have administrative capacity that is limited and governments that are highly authoritarian
The use of natural gas as an energy source, to produce electricity, is becoming more common in the United States. Due to growing concerns regarding global climate change and greenhouse gas emissions (GHG); the country’s dependence on foreign oil; and the fears that conventional natural gas supplies could be depleted within the next decade, the United States has begun developing alternative energy sources. Most critics would agree that clean alternative energy is the ideal source of electricity
MKIB 160 DEVELOPMENT OF INTERNATIONAL BUSINESS MKIB 160 DEVELOPMENT OF INTERNATIONAL BUSINESS Competitiveness of Oil and Gas Production Industry in Nigeria Competitiveness of Oil and Gas Production Industry in Nigeria LIST OF CONTENTS Introduction…………………………………………………………………. 3 Nigeria 1.1 Background of Country…………………………………………. 4 1.2 Economic Overview………………………………………………….. 4 1.3 Global Competitiveness…………………………………………. 5 Porter’s Diamond Framework
and gas production, exploration and fields in Bulgaria. The Bulgarian energy sector is comparably small in global terms, but is rather sizable in the country’s industrial portfolio. In detail, I will start the discussion with Morphotectonic provinces of Bulgaria and Bulgarian basins. I will introduce the 5 morphotectonic provinces and several Bulgarian basins. Then I will talk about the oil and gas fields in Bulgaria. The most popular oil and gas fields in Bulgaria are Tjulenovo Oil and Gas Field