Oil and gas companies of the United Kingdom

of the state revenues. It is also a very important strategic commodity and often as political issue. The revenues from oil and gas have driven the economic growth and contributed significantly for the development of Indonesia. In the world, legislations which regulate oil and gas are varies from country to country. In spite of many variations, in general, the upstream oil and gas activities, based on two systems, the production-sharing contracts and the licensing systems. Indonesia was the country

ANALYSIS OF UK OIL AND GAS SECTOR 1.0 INTRODUCTION 1.1 UK OIL SECTOR OVERVIEW The oil and gas industry is a large Industry and contributes a critical role in driving the global economy (Sam’s et. al., 2006).The upstream section of the Industry is involved with the first stage of exploration and production, the midstream section involves the transportation of crude through pipelines, ships e.t.c to the refineries. The downstream is involved with refining and process of the oil and gas products. The

Arabian oil company Introduction Saudi Arabian oil company is multinational company today is called Saudi Aramco. It is the largest oil corporation in the world with the largest proven crude oil reserves. The company is located in Eastern reign of Saudi Arabia. Exploration, production, refining, distribution, shipping and marketing are operates by the company. Saudi Aramco published in 1933 when the government of Saudi Arabia allowed for American company called Casco to drill about oil in Eastern

Natural gas is playing an increasingly important role in the global economy, rising to the occasion as an alternative to other fossil fuels such as coal because it burns cleaner. As the oil reserves in many parts of the world are being depleted, the availability of a viable alternative such as natural gas is becoming increasingly important. So too is the lure of the future possibility of energy independence for countries both developed and developing. In the last decade, oil and natural gas development

1. Introduction Many reasons such as globalization, technical developments, changing political relations between countries and liberalization cause a compelling and competitive business environment for the companies. This pressure to remain standing in corporate finance world makes companies to be in quest of rapidly effective ways to gain strenght and expand their business activities. At this point, Mergers and Acquisitions, which are two of the essential activities in capital markets to restructe

This essay will explain why the price of crude oil has fallen so dramatically. Also, it will analyse the impact the fall in the price will have on major oil producing nations. Moreover, it will explore the effect that the fall in price will have on major oil companies and their supply companies. Finally, it will present how the fall in oil price might affect consumers in the European Union. Crude oil is the one of the most important natural resource of the industrialised nations, which could generate

another. Those were the days when gas prices were affordable to the average American. Over the past few years, gas prices in the United States have been on the rise. What is causing the increase in gas prices? To understand the increase in gas prices, one must first identify the distribution of dollars paid per gallon at the pump. According to the U.S. Energy Information Administration (eia) in 2010, the annual average paid at the pump consisted of 68% crude oil, 7% refining, 10% distribution and

PROCESS SAFETY MANAGEMENT IN OIL AND GAS OPERATION: PAST, PRESENT AND FUTURE DIRECTION 1.0 Introduction Process safety management system (PSM) has received greater attention in the oil and gas industry because of the major memorable accidents that have occurred within the industry and the severity of their impacts on stakeholders. The Bhopal gas tragedy which occurred in December 1984 from the release of methyl Isocyanates (MIC) where over two thousand people died and the Flixborough disaster which

intergovernmental Organization, created at the Baghdad Conference on September, 1960. Founder Members: Later joined Members •Iran •Iraq •Kuwait •Saudi Arabia •Venezuela •Qatar (1961) •Indonesia (1962) – suspended membership 01/2009 •Libya (1962) •United Arab Emirates (1967) •Algeria (1969) •Nigeria (1971) •Ecuador (1973) – suspended membership 1992-2007 •Angola (2007) •Gabon (1975–1994) Objectives of Opec • OPEC's objective is to co-ordinate and unify petroleum policies among Member Countries in

China possesses relatively small amount of natural resources such as arable land, renewable water, and metals. On the other hand, the African continent is resource-rich compared to its population. Given the country’s relatively scarcity, firms in China were inclined to expand into Africa in order to find new supplies. Africa has been an attractive developing country for foreign investment. The country's economic transformation had opened new business opportunities for investors. In this new era,