...A.Macro Environment Political , Economic, Social, psychographics. Political activity Our Business Principles prohibit payments by Shell companies to political parties. This is to avoid Shell companies buying or being perceived to be buying favors. In the United States, Shell Oil Company administers a political action committee (Shell Oil Company Employees’ Political Awareness Committee). It is a voluntary, employee-run and employee funded organization, that contributes money to political parties or individual candidates for political office, or organizations that support them. While Shell Oil Company provides administrative support to the Committee, it does not fund the Committee’s donations nor does it make any political contributions itself. We are calling for change, sharing our expertise and co-operating with governments, companies and other partners. Our Business Principles encourage us to contribute to debates on policy issues that affect our business, our employees or the local communities where we operate. Our advocacy Climate change is one of the biggest challenges we face. We will continue to work with governments to help them set the policy frameworks to create market-based incentives – such as an effective cap-and-trade market for CO2 – that will contribute towards improving energy efficiency and support lower-carbon energy, including carbon capture and storage (CCS) technologies. We advise governments to use different policy instruments for different...
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...Situation analysis and strategic recommendations of BP After oil spill disaster in USA Table of content: Introduction 3 Executive Summary 3 Approaches 3 Background of BP 3 BP in USA 3 PESTEL analysis of BP in USA 4 Political Environment 4 Economic Environment 5 Socio-cultural Environment 6 Technological Environment 7 Legal Environment 7 Environmental Analysis 8 Summary 8 SWOT Analysis of BP 8 Strengths 9 Weaknesses 9 Opportunities 10 Threats 11 Summary 11 Strategic Recommendations 11 Porter’s Generic Competitive Strategy 11 Ansoff Model 12 Conclusion: 13 References & Bibliography: 15 Appendix: 17 Introduction: As the global business environment is turbulent and dynamic every business organisation should adopt their strategy with the changing business conditions and conduct external and internal analysis on regular basis to cope up with the changing environment. This paper will analyse the overall situation of BP in USA after the Gulf of Mexico oil disaster. The oil spill creates a new condition for their operation in USA and requires considerable and serious change in the strategic decision making and positioning of the company. Executive Summary: This paper will start with a brief background of BP. A PESTEL analysis will...
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...Subsea7- A market environment analysis using PEST and Porter’s five forces Contents Subsea7- 1 A market environment analysis using PEST and Porter’s five forces 1 Description of the company-Subsea 7 3 A PESTEL analysis 3 Political, a critical factor in energy industry 3 Economy, the versatile market 4 Social factors, a diversified workforce 4 Technological research and advancement 4 A Porter’s five forces analysis 5 Bargaining power of the customers 5 Intensity of existing rivalry 5 Threats of substitutes 5 Threat of new competitors 6 Strategic recommendations 6 A better management and react to market fast 6 Focus more on deep-water development 6 Build a more effective team with expertise and experience 6 Expand our services to Middle East 7 Conclusion 7 Bibliography 7 Description of the company-Subsea 7 Subsea 7 is one of the world’s leading global company in offshore engineering, construction and commissioning work. It was formed by the joint merger of two big companies, Acergy S.A. and previous Subsea 7,Inc. The company owns a wide range of fleets, including pipelaying vessels, construction vessels, diving and support vessels, which adds up to a total of more than 40 units. These vessels are equipped with the modern advanced ROVs( remote operated vehicles) and best facilities in the market. The strong track records has made Subsea 7 the major player in the energy construction and installation sector in Europe, Africa and Asia...
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...Critical Thinking Student’s Name University Affiliation Critical Thinking Analyze your chosen scenario from a critical thinking perspective. In this assignment, we are going to focus on the Unocal in Burma. Unocal is a company that was established in California in 1890 to help in the development of the oil fields in the country. However, the company highly failed in its obligations since, by 1990s, the oil fields in the United States were performing very poorly almost reaching depletion and the company turned its back and started to invest in other oil firms in the United States. This led it to invest in Burma since it was attracted by the cheap labor, availability of natural gas resources, political stability and also the connection that the region offered to other international markets. They managed to start their business in the area of laying down a pipeline wit the government providing them with security. Their business was however associated with violation of human rights, relocating individuals forcefully, forced labor as well as physical torture of the residents. What is the moral responsibility of all participants? The company first of all given the fact that they had been granted the right to conduct business in the country had the moral obligation to be socially responsible. The state provided them with a platform to do their business and make profits and in return, they should have given back to the society through corporate social responsibility. The...
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...Chevron Corporation is multinational energy organization engaged in every facet of the oil, natural gas and thermal energy industries. Its downstream operations include selling products such as fuels, lubricants and petrochemicals to the global market. Chevron’s success is greatly driven by their vision ‘to be the global energy company most admired for its people, partnership and performance’ (Chevron Corporation, 2015), reflecting their initiative towards being socially responsible as well as their ambition towards exceeding expectations. Despite growing concerns towards using more renewable forms of energy, Chevron has been able to maintain its competitive position of #3 on the Fortune 500 by establishing new joint ventures internationally and undergoing mass long-term projects to ramp up their production growth. The Value Chain Operations One of the key elements to Chevron’s growing success is their planning towards making long-term decisions such as multiple billion-dollar takeovers and projects, as well as Chevron maintaining their core operations around refining crude oil into petroleum products. Doing this helps the company to remain results oriented, rather than confirming to the demands of lobby groups (Corddry, 2015). Chevron’s long-term exploration and production strategies have allowed it to stay ‘years ahead of its competitors’, focusing primarily on crude oil as a method of driving economic growth and improving living standards over the next 20...
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...Proceedings of the 2010 International Conference on Industrial Engineering and Operations Management Dhaka, Bangladesh, January 9 – 10, 2010 Management of Supply Chain in Petroleum Corporations in India Surajit Roy LPG Operations, Indian Oil Corporation Ltd. Mumbai 400053, India R. S. Dhalla Microbiological Consultants Mumbai 400007, India Abstract Supply chain initiatives have become a critical part of firms operations. Success is increasingly being dictated by how well a company can control its supply base and mitigate supply bottlenecks and liabilities. This paper used inductive and qualitative approaches to explore the salient factors that simultaneously enhance the “greening the supply chain” as well as maximizing the customer reach while maintaining the efficiency of the supply chain system of petroleum companies. The key indicators identified were environmental policies, supplier policies, sustainability, market orientation and commitment to human capital and diversity. A survey was conducted with key informants across many divisions of the LPG segment to investigate how well these environmental and customer reach in the supply chain are in synchronized with the top management’s commitment towards environmental responsiveness and maximizing customer orientation. The responses to the survey were statistically analyzed and a relationship model was constructed with Market orientation as the dependent variable and independent variables as: environmental policies, supplier...
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... SYLLABUS and ASSIGNMENTS International Business Strategy INTL 460 SECTIONS 61 and 81 Fall 2008 Professor Daniel F. Spulber Office 606 Leverone 491-8675 E-mail: jems@kellogg.northwestern.edu International Business Strategy Course Description The course defines the objectives and strategies of international business. The course emphasizes economic analysis of international business strategy formulation. Topics covered include gains from trade, costs of trade, and the competitive strategy of the international business. The course considers alternative modes of market entry, including import and export through intermediaries, contracting with suppliers and distributors, strategic alliances and foreign direct investment (FDI). Case studies are used to illustrate the basic principles of multinational business management and strategy. The course introduces the “Strategy Star” analysis. The first week of the course is dedicated to introducing international business strategy and providing a review of the micro-economics concepts that will be employed during the course. The course then introduces the concept of the ‘Global Value Connection.” This concept is used to develop global competitive strategies that depend on doing business between countries. Weeks 2 and 3 present strategies for providing global added value. The course highlights the economic aspects of gains and costs of trade that are relevant to the international business manager. Weeks 4, 5...
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...Kristin Robinson Dylan Graham Ruben Doris Sarah Wallace Oil & Gas Equipment and Services Industry Overview: The oilfield services and equipment sector was valued around $152 billion in 2012. The OFS industry “is made up of mature set of companies” and whose success is dependent on the “drilling expenditures of the oil and gas companies”. The OFS industry provides a wide range of services and equipment for oil and gas companies around the world. They aid in the extraction and production of natural resources. OFS companies are involved in all stages of production, from upstream through downstream. The size of these service companies was relatively small until the 1980’s, when the major oil and gas companies outsourced a variety of processes to service companies. OFS companies continued to grow in size and importance with the innovation of new technologies and abilities such as directional drilling and improved 3D seismic imaging. Today, OFS companies play a key part in what is commonly referred to as the “shale revolution” in North America. The industry’s success is dependent on several factors including oil/gas prices, economic stability, and innovation of new technologies. This sector is comprised of four giants that include Schlumberger, Weatherford, Halliburton, and Baker Hughes. These companies are involved in a broad range of services that require intensive capital and R&D. Independent firms typically perform smaller, specialized services with expertise in...
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...Perspective Ibrahim El-Husseini Jake Leslie Melville Sean Wheeler Satyajeet Thakur Anchoring Success Effective Management of Energy Companies’ Shipping Interests Contact Information Beirut Georges Chehade Partner +961-1-985-655 georges.chehade@booz.com Ibrahim El-Husseini Partner +961-1-985-655 ibrahim.elhusseini@booz.com Fadi Majdalani Partner +961-1-985-655 fadi.majdalani@booz.com Dallas Andrew Clyde Partner +1-214-746-6566 andrew.clyde@booz.com Dubai Dr. Ulrich Kögler Partner +971-4-390-0260 ulrich.koegler@booz.com Eric Dahl Senior Executive Advisor +971-4-390-0260 eric.dahl@booz.com Sean Wheeler Principal +971-4-390-0260 sean.wheeler@booz.com Satyajeet Thakur Senior Associate +971-4-390-0260 satyajeet.thakur@booz.com Kuala Lumpur Edward Clayton Principal +603-2095-2088 edward.clayton@booz.com London Viren Doshi Senior Partner +44-20-7393-3572 viren.doshi@booz.com Jake Leslie Melville Partner +44-20-7393-3425 jake.melville@booz.com São Paulo Arthur Ramos Partner +55-11-5501-6229 arthur.ramos@booz.com Vivek Joshi, Kenneth Kanara, Tamer Obied, Sophie Outram, Anil Pandey, Abdul Rahman Saleh, and Sonal Singh also contributed to this Perspective. Booz & Company EXECUTIVE SUMMARY For decades, major energy companies have been at the forefront of the global shipping of hydrocarbons. Producers have played an instrumental role in the development of all aspects of the business, including the design of the ships and the establishment of standards that ensure high-quality...
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...International Journal of Computer Applications (0975 – 8887) Volume 86 – No 6, January 2014 Project Failure Case Studies and Suggestion Nilofur Abbasi Iqra Wajid Zahra Iqbal Fareeha Zafar, M.phill Business Administration, Kinnaird College Lahore, Pakistan M.phill Business Administration, Kinnaird College Lahore, Pakistan M.phill Business Administration, Kinnaird College Lahore, Pakistan Ph.D University of Derby, Currently Working in Govt. College University Lahore Pakistan ABSTRACT In this research paper three different case studies are taken under consideration. Step by step all three cases are described. These cases are about projects which had to face failure. Therefore, the reasons for failure of projects are identified and recommendations are given to ail failing projects. First case study is about British Petroleum which is oil and Gas Company had to face situation which was not just critical but new for any oil company. The incident occurred due to explosion in the deep-water horizon while BP technical staff was trying to drill a well. Moreover, BP was not able to stop oil flow for three months. Second case is about Chrysler and Fiat. Both were automobile companies and had to face failure. Marchionne was the one who saved both companies. The main focus of this case is merger of these two companies and the challenges faced by CEO due to organizational change after merger. Third case study is about Millennium Dome, one of the controversial projects in the history...
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...the fact that Saudi Arabia is now considered as a growing economy which is trying to diversify its exports, mainly based on oil and natural gas, by framing and revising its legal and regulatory environment in order to foster entrepreneurship activities and the private sector interest. It leads to growing concern about the role of women in the economic environment, with legal and ethical consideration of the women’s role in the existing socio-cultural make-up of the country. The way in which countries like Saudi Arabia, have developed a domestic organized economy that is based on entrepreneurship is a hypothesis that has been widely tested and cited within the existing body of Literature. Although many academic experts believe that Middle East countries still retain a promising potential for growth (Shachmurove, 2004), major obstacles in terms of detrimental factors such as corruption, unclear regulations and reliance on oil have also recognized. Women are therefore believed to play a primary role in the entrepreneurial future of the region. In order to leverage on the untapped potential of economic growth of this country by utilizing and capitalizing on the potential contribution of the female entrepreneurs towards success of economic projects that are being carried out in Saudi Arabia, in compliance with the ethical dimensions that are deemed critical in the middle east region. Although, plethora of...
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...The Impact of multinational companies A case study of the energy industry in Saudi Arabia Abstract Contents 1. Introduction 4 1.1. Rationale of the Research 6 1.2. Aims & Objectives of the Research 7 1.3. Key Research Questions 7 2. Literature Review 9 3. Research Methodology 13 4. Key Findings & Discussion 13 5. Conclusion 16 6. References 16 7. Appendices 16 1. Introduction In this era of globalization, there has been a fundamental change in the way international business is being done. Due to the ease of communication and advances in the sophisticated communication systems more and more companies are becoming global and expanding their operations and creating production facilities away from their home countries. This trend has given rise to today’s Multinational Corporations (MNCs) whose role in the international scene is increasing rapidly. With increased international development and cooperation, the MNCs have been able to create such a network that their budgets, organizational structure and influence on the world trade stage rivals many nations [ (UN Conference Proceedings, 2006) ]. With their immense economic power and strong political connections and the fact that globalization is seen as a “Business driving phenomenon”, MNCs are in a strong position to influence the economies of the countries...
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...technology advancement, and stiff competition among businesses (Chevron, 2012). It is the responsibility of each individual global company to ensure that proper strategies and policies are utilized to address these challenges. This paper will analyze the Code of Conduct of Chevron Corporation, as it relates to other companies in the industry, while simultaneously determining the key issues impacting the company and how technological advancements may face challenges in the global society. Chevron is a company that has an extensive strong history, which began when a group of explorers and merchants established the Pacific Coast Oil Company on September 10, 1879, in San Francisco. The company has changed its name more than once, but claims to have always retained their founders’ spirit of grit, innovation, and perseverance (Chevron 2013). They have transformed into what is now Chevron Corporation, recently ranked 9th among the world’s top oil companies by Petroleum Intelligence Weekly in 2013, second among US oil companies behind ExxonMobil (Chevron 2013). Chevron has partnered with other companies, each with their own unique history, strengths, and character. Essentially, they have grown from a San Francisco based company with a five state market in the Western United States, to a major corporation whose affiliates conduct business globally. The company has a market capitalization of over $204.9 billion. They have expanded into essentially every area of the energy industry,...
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...SUBMISSION OF FINAL RESEARCH REPORT University of Wisconsin-Stout The graduate School The accompanying research report was submitted to the Graduate School, University of Wisconsin-Stout, as partial completion of the requirements for the degree, M.S. in Risk Control. I understand that this report must be officially accepted by the Graduate School which will then forward it to the Library Learning Center, where it will be placed on microform or other electronic storage and made available as any other published document including placement on the Library Web Page. I attest that the research report is my original work, and that any copyrightable materials have been used with the permission of the original authors, and as such, it is automatically protected by the laws, rules, and regulations of the U.S. Copyright Office. TITLE OF REPORT IDENTIFICATION OF POSSIBLE HUMAN ERRORS THAT CAN RESULT IN FIRES/EXPLOSIONS DURING TANKERS' CARGO LOADING/UNLOADING OPERATIONS AT THE XYZ MARINE PETROLEUM TERMINAL SIGNATURE __________________________________DATE ________ PERMANENT ADDRESS 2721 Harvey Dr. Apartment #1. Menomonie, WI 54751, USA TELEPHONE # 715-235-4730 (This section to be completed by the graduate School) This final research report was submitted in partial fulfillment of the requirements for the above stated degree on this date, and has been accepted by the Graduate School and is now ready for transmittal to the Library Learning Center for placement on microform or other storage...
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...Rates: total population: 87.2% ; male: 90.8% ; female: 82.2% (2011 est.) Government: Type of Government: Monarchy Head of Government: King of Saudi : King and Prime Minister ABDALLAH bin Abd al-Aziz Al Saud (since 1 August 2005) Geography: General features : Middle East, bordering the Persian Gulf and the Red Sea, north of Yemen Climate : harsh, dry desert with great temperature extremes Surface area: 2,149,690 sq km Population density: 12.91 / sq.km Largest city by population is: Riyadh Economics: Gross Domestic Product (GDP): $927.8 billion (2013 est.) GDP Per Capita: $31,300 (2013 est.) GDP Growth Rate: 3.6% (2013 est.) Sectoral Share in GDP: Agriculture – 2%, Industry – 62.5%, Services – 35.5% (2013 est.) Major Industries/Products: crude oil production, petroleum refining, basic...
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