...Energy Requirements of India ............................... 6 4.0 Regulatory Framework ....................................................... 9 5.0 Conclusion ........................................................................ 10 Disclaimer: ............................................................................. 11 W H I T E P A P E R Overview ENERGY: Indian Demand- Supply Gap 1.0 Overview Energy sector in India is one of the most challenging sectors for global players given the presence of large profit making Public Sector Units (PSU) with strong regulatory back up and market presence. As per Energy Information Administration (EIA) India is the sixth largest energy consumer and offers immense potential for foreign investors. Energy industry is considered as the primary driver of Indian economy as it is the major fuel for various industries like power sector, steel, chemical, fertilizers, paper,...
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...2. Oil and gas sector This chapter begins with an overview of the oil and gas industry in Malaysia. Description of the value chain of the industry is given in section 2.2, followed by the industry’s economic performance in section 2.3. Section 2.4 focuses on the scope of the inquiry regarding issues in the oil and gas industry. 2.1 Oil and gas industry in Malaysia This section provides an overview of the oil and gas industry in Malaysia. 2.1.1 History Oil and gas production have been a mainstay of Malaysia’s growth since oil was first drilled in 1910 in Miri, Sarawak. The first oil well (known as The Grand Old Lady) which was discovered by Shell, started with a production of 83 barrels per day (bbls/d) and reached a maximum of 15,000 bbls/d in 1929. There were no other drilling activities elsewhere in Borneo or Peninsular Malaya until the 1950s. [1, 2, 3] Petroleum activities began increasing significantly in 1960s due to the discovery and development of offshore fields in Borneo. The late 1960s saw the beginning of offshore oil exploration in the east coast of Peninsular Malaysia. In the 1970s, some oil fields in Malaysia were producing 90,000 to 99,000 bbls/d. [2] In the early days, foreign oil companies dominated the oil and gas industry in Malaysia with Shell and Esso being the two major players. This was followed by several other foreign companies such as Conoco, Mobil, Aquitaine, Oceanic and Teiseki. The national company, Petronas came on to the scene in...
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...Royal Dutch Shell PLC RDS.A [pic][pic][pic][pic][pic] [pic][pic] [pic] | | |[pic][pic] | |[pic] | |[pic] | |[pic] | | | | | | | |[pic] | |[pic] ...
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...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 they operate in [ (Nourafchan, 2011) ]. Today, MNCs not only impact the trade and the economy of the nation in which they operate but also impact the social and cultural aspects. In the world energy market dominated by oil, the role of multinational companies in the oil exploration and supply has been tremendous. As oil became the most important commodity in the energy market, the...
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...between the natural gas markets in Asia, Europe and North America November 2012 Table of Contents Summary 3 Overview 4 Conclusions 8 References 9 Summary The major difference of the natural gas market, which sets it apart from the truly global oil market, is that the former has historically been developed with respect to the regional supply bases. This was primarily defined by existing technology for natural gas transportation and availability of other energy resource: primary oil and coal. Sharp increase of oil prices and global concern with availability of oil reserves; growing awareness of the fossil powered industry influence on the environment, introduction of LNG and GTL technologies had significant impact on the natural gas market share, demonstrating recently double digit grows in consumption for all regions except Western Europe. This script will address the key differences between the natural gas markets in Asia, Europe and North America. Overview 25% average share of natural gas in the global energy balance is distributed unevenly throughout the regions: 35% of energy consumed by Europe, 27% by North America and only 11% by Asia-Pacific come from natural gas (BP, 2012)...
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...The Energy Sector: A Quick Tour for the Investor November 2013 Investment Support and Promotion Agency of Turkey ©2013 Deloitte Türkiye. Member of Deloitte Touche Tohmatsu Limited Disclaimer Republic of Turkey Prime Ministry Investment Support and Promotion Agency (ISPAT) submits the information provided by third parties in good faith. ISPAT has no obligation to check and examine this information and takes no responsibility for any misstatement or false declaration. ISPAT does not guarantee the accuracy, currency, reliability, correctness or legality of any information provided by third parties. ISPAT accepts no responsibility for the content of any information, news or article in the document and cannot be considered as approving any opinion declared by third parties. ISPAT explicitly states that; it is not liable for any loss, negligence, tort or other damages caused by actions and agreements based on the information provided by third parties. Deloitte accepts no liability to any party who is shown or gains access to this document. The opinions expressed in this report are based on Deloitte Consulting’s judgment and analysis of key factors. However, the actual operation and results of the analyzed sector may differ from those projected herein. Deloitte does not warrant that actual results will be the same as the projected results. Neither Deloitte nor any individuals signing or associated with this report shall be required by reason of this report to...
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...TABLE OF CONTENTS INTRODUCTION ............................................................................ ... ... P.3 PURPOSE / PROBLEM ........................................... ...... ..s.4 2: 1 issue ............................................................. ...... ..s.4 METHOD ............................................................................... ...... ... P.5 THEORY ............................................................................ ...... .... P.6 4: 1 Liberalism. ........................................................................ .s.6 4: 2 realism ........................................................................... ..s.7 ANALYSIS / EARNINGS .................................................................. .... p.8 5: 1 Lens analysis ............................................................... .... p.8 5: 2 Analysis based on Liberalism .......................................... ... ... ..s.9 5: 3 Analysis based Realism .......................................... .. ......... p.10 DISCUSSION .............................................................................. .s.11-12 SOURCE CITATION ................................................................... ... .s.13 INTRODUCTION "Withstand the Russian economy Ukraine crisis?" Http://www.exporttjanster.se/content/t%C3%A5l-den-ryska-ekonomin-ukrainakrisen...
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...Introduction to Balance of payments The Balance of Payments (BOP) is a measure of all the financial transactions flowing between one country and all other countries during a specific period, usually a quarter or a year. It is also the name of the official record of these transactions. A positive, or favorable, balance of payments is one in which more payments have come in to a country than have gone out. A negative or unfavorable balance means more payments are going out than coming in. The BOP is a major indicator of a country's status in international trade, and a reflection of its economic well-being or vulnerability. The balance of trade is one component of the balance of payments. It is also a sign of the productiveness of a people and a reflection of whether they are primarily producers or consumers. Producing nations grow while consuming nations eventually deplete their resources and collapse as fewer people are able to access them. IMF Definition The IMF definition: "Balance of Payments is a statistical statement that summarizes transactions between residents and nonresidents during a period. The balance of payments comprises the current account, the capital account, and the financial account. "Together, these accounts balance in the sense that the sum of the entries is conceptually zero." The current account consists of the goods and services account, the primary income account and the secondary income account. The financial account records transactions that...
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...Who wants to divert the water from Devil’s Lake? The state of North Dakota Why? The Devils Lake has no natural outlets therefore the rising water levels in the lake cause flooding in the local communities. Creating an emergency outlet and diverting the water will reduce the danger of flooding. Who is opposed to the diversion? The government of Manitoba and Canada Why? They opposed the idea of constructing an outlet as it may introduce harmful invasive species and chemical contaminants into the surrounding watershed. As a result is might cause environmental and economic damage downstream to Canada. Position of the Council of Canadians Call for federal government and the International Joint Commission (IJC) to show strong leadership and prevent farm to Canada’s water by intervening and developing a national water policy. 2005 Agreement Between Canada and the United States Regarding Devil’s Lake Both sides design an advanced filter in order to protect Manitoba waterways from foreign organisms. Lesson 9 Key Question: 9.) a.)...
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...Institute Global Investment Research Challenge. Oil and Gas industry PetroVietnam Gas Recommendation: HOLD Price Target: 79,512 VND 2015F 83,482,699 24,051,366 15,143,449 7,991 30.12% 2016F 97,674,758 28,140,098 17,753,969 9,369 28.48% 2017F 2018F Date: 22 December, 2014 Ticker: GAS Price (Dec 19, 2014): 68,000 VND Forecast Summary Net Sales (million VND) EBITDA (million VND) Net Income (million VND) EPS (VND) ROE (%) 2011 64,224,500 11,858,894 64,224,500 2,285 28% 2012 68,301,359 15,940,112 68,301,359 5,167 40% 2013 65,399,686 18,434,982 65,399,686 6,478 42% 2014F 72,593,651 20,914,231 13,140,492 6,934 32.20% 117,209,709 142,995,845 33,768,117 21,347,273 11,265 27.37% 41,197,103 26,090,435 13,768 26.51% Key Market Data Listed on HOSE Ticker GAS Industry Oil and Gas 52 Week high 122,300 (VND) 52 Week low 61,300 (VND) Previous close 68,000 (VND) Market Cap. 128,860,000 (million VND) Outstanding 1,895,000,000 shares (units) Source: Student estimates Highlights We estimate PV Gas (GAS) as “HOLD” with target price of VND 79,512, expected higher than its current price 16.9%, VND 68,000. Three-stage discounted cash flows model is employed and the result is confirmed again with P/E analysis. Operation under control of government as a monopoly in gas industry: PV Gas is the only trader in dry gas market and accounted for 70% national LPG market. Restructuring period 2011-2015 strategies: PV Gas has focused more on the core businesses: gathering, importing...
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...Under the factors of economic endowments we assume that population; land and natural resources are similar among them. While under the similarities of the institutional structures among two countries we assume that social, cultural, historical and political environment are alike. For example countries had command economy where the authoritarian government was in charge and the state dominated the economy. This can be characterized as similar reform strategies of the economy. Today these countries are experiencing transformation of their institutional structures, with massive liberalization, privatization and integration. For instance Soviet heritage such as Baikonur cosmodrome which currently Kazakhstan cannot maintain have chosen the Russian Federation as a user. Regarding historical aspects the establishment of Akmola garrison post in the beginning of the 19th century by the Russian that later became a town but today it is capital of Kazakhstan that can be characterized as historical significance...
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...Milwaukee should layoff their current gasoline power vehicles while hiring alternative fuel power vehicles for civil service. In today’s environmentally conscious society, major emphasis is being placed on the government to become greener and cleaner. The City of Milwaukee is spending a tremendous amount of the current budget to fuel and maintain inefficient gasoline powered vehicles; it has left the city in a continuous substantial annual deficit. The City of Milwaukee should begin using taxpayers’ dollars to fund the transition to convert public service vehicles to vehicles that use alternative fuels, for example: hydrogen, natural gas, Biodiesel, or hybrid vehicles. Other states and branches of government have used alternative fuel vehicles with astonishing results and public acceptance in a concentrated effort to reduce American dependency on foreign petroleum. Public transportation has an essential role in the City of Milwaukee by allowing its citizens access to affordable and reliable transportation throughout the metro area, as well as, surrounding counties but the recent rise in fuel cost has placed a severe pinch on the Milwaukee County Transit Service (MCTS) budget. To maximize profit, the MCTS has eliminated routes and raised fares, which has had a negative effect with dwindling rider attendance along with an increase in violent activity, which has jeopardizes patron’s safety and damaged public appeal. According to a survey that was issued to 100 MCTS rider,...
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...Antarctica is predicted to have “oil riches” that is said to benefit the economy due to trading and selling of oil according to an article by Henry Fountain in The New York Times. Oil drilling could help the economy due to America's oil decreasing in stock over the last couple years. While this is an amazing discovery, scientist and other atmosphere experts are claiming that Climate Change is a real and coming problem that can only be stopped by using little to no fossil fuels, like oil. While most oil companies state that their methods are safe there have been many large spills over the years which cause controversy over the topic, And drilling in Antarctica's National park may not be the wisest or best route to go about when trying to save...
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...economy better than their competitors (Bodie). Being proactive and making a sound macro-environmental analysis can be a means of gaining a competitive advantage, or at least not being concerned by a competitive disadvantage. In completing a top-down analysis we start with the global economy (Bodie). Technological factors play in to the macro-environment by means of new inventions and development, materials development, innovative manufacturing, distribution and logistics. This also includes changes in the way that information is sent and received. This can be closely related to the environmental impacts that happen within an economy, such as depleting natural resources (Sieminski). The variations of different countries economic performance and within their regions are considerable (Bodie). What happens in other countries’ economies will influence the U.S. economy and its markets in either a negative or positive way depending on the economic circumstance. What is originally forecasted for the macroeconomic expectations through various analyses may not be the overall outcome. The global economy as a whole can be a very critical factor of industry performance, and if an economy is not expanding it can be difficult for a business to be successful (Bodie). Influences that are capable of impacting an economy are growth rates, unemployment rate, interest rates, exchange rates,...
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...Suharto used a “crony capitalism” style of government to control his country, (Hill, 2013). In this style of government, leaders such as Suharto can favor the business enterprises of his supporters and family. Instead of placing money in the country’s infrastructure or possibly better ran companies, Suharto placed the countries money in failing enterprises. When President Suharto placed enough money into the failing businesses of Indonesia he eventually ran the countries debt up to over $43 billion, (Hill, 2013). When The International Monetary Fund stepped in to assist with these debts, the people of Indonesia were realizing where the money was really going back into companies that Suharto had an interest in. There was an uprising, and a democracy quickly moved in to replace Suharto’s dictatorship. The political and economic short fallings are very much related. Instead of President Suharto supporting the best companies for his country he supported failing companies. Instead of Suharto putting money into the infrastructure of his country, he placed money in his own pocket. Why do you think foreign firms exited Indonesia in the early 2000s, what were the implications and what is required to reverse the trend? Lack of infrastructure repairs placed 90% of the population without modern sewerage facilities,(Hill, 2013) and half of the populace had no electricity because of ageing electrical grids. Foreign investors would have been losing money because of time dealing with...
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