Exxon Mobil New Mexico Highland University Abstract Exxon Mobil participates in exploration, production, refining and marketing of oil and natural gases. The business by Exxon Mobil has a tremendous impact on the macro- environment. There are factors of macro-environment that affects by Exxon Mobil? The factors are socio-cultural, ethics and corporate social responsibility, political and legal, technology and economic. Exxon has an extraordinary and complex SWOT analysis. The SWOT analysis
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spilling of crude oil into the frigid waters of Prince William Sound, just outside the harbor of Valdez, Alaska. What was about to happen was the worst environmental disaster in the history of the United States. These were the documented facts that media had portrayed across the United States and to the world: Exxon Valdez, a 978-foot tanker piloted by a captain whom later revealed to be drank, ran aground on a reef 25 miles southwest of the port of Valdez. The results caused a spill of 250,000 barrels
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ABSTRACT No doubt, information has been made easier to access since the existence of internet back in late 90’s. Since then, internet play much bigger role in our daily life. Our dependencies on internet is no less than to other utilities such as electricity and water. We need it almost every minutes if not seconds in our life. It serves as a medium of communication among millions of human being to stay connected and share information regardless to gender, race, geographical location and political
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Valdez Oil Spill happened in 1989. The American Oil Tanker Exxon Valdez crashed into the Bligh Reef causing an oil leakage. The Exxon Mobil’s Company response to the oil leakage responded by giving 3.5 Billion Dollars from the companies bank account. However the company only spent 2.1 Billion Dollars of the 3.5 Billion Dollars actually for them to clean up the oil spill. Exxon and the Government ordered investigations of the disaster because of how much money was given to clean up the oil spill. In
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BACKGROUND INFORMATION A. Exxon ValdezThe tanker Exxon Valdez, carrying 10 million gallon ofcrude oil, was caught in an open reef Prince William Sound inAlaska, spilling the oil it carried. This happen, because one of thecrew members failed to correctly maneuver the ship for thereason that the crew member was tired of the workload.Moreover, the crew master was in the influence of alcohol andcannot give instruction accurately. It greatly affects almost dozeno animal species living in the surroundings
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and power marketing, and research activities. Highlights addressed for Upstream were; Industry-leading earnings of $34.4 billion, return on average capital employed of 26.5 percent, earnings per oil-equivalent barrel of $20.94, total net production of 4.5 million oil-equivalent barrels per day, proved oil and natural gas reserve additions of 2.0 billion
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with over 11 million gallons of oil. Many wildlife species had perished during the oil spill and some have still not returned. The natural resources still have not recovered from the disaster. The fishermen, who have relied on the Prince William Sound, are still not able to make a living due to restraints placed on them by the federal government. The federal government has banned the fishing of certain species of marine life due to their slow recovery from the oil spill. Despite the money that was awarded
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the market until something had been done to provide better product protection. Thus, Johnson & Johnson developed the “tamperproof” packaging that would make it difficult for a similar incident to occur in the future. Another example is the tragic oil
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disasters. The oil tanker Exxon Valdez spilled 250,000 barrels, an amount equal to more than 10 million, into the waters of Alaska’s Prince William Sound after striking Bligh Reef at approximately 12:04 a.m. on March 24. The spill eventually covered 11,000 square miles of ocean and coated 1,300 miles of coastline. Shortly after the incident, different media piled in to begin extensive coverage often pointing out Exxon’s corporate irresponsibility. Company’s efforts to contain the spill were not good
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Corporation is world’s leading petroleum and petrochemical company which is formed in 1999 by the merger of two major oil companies Exxon and Mobil. As the world's largest company by revenue and one of the largest publicly traded companies by market capitalization in the world (Wikipedia, 2012), ExxonMobil has many world spread operating businesses, such as upstream which includes oil exploration, extraction, shipping and wholesale operations, downstream which includes marketing, refining, and retail
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