Zhimeng Ye 1081890 Colin Sproat 1100503 Apache Case Study Colin Sproat & Zhimeng Ye FIN 413 section A1 Barbra Jamieson Zhimeng Ye 1081890 Colin Sproat 1100503 1. Systematic Risk – Insecurity arising from daily operating activities, such as product delivery and oil drilling; as well as its financing activities, such as issuance of bonds and shares. Price Risk – Uncertainty about future profits and losses occurring from selling un-hedged oil & gas in the market. Hedging Risk – The Chance
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state and local governments. The industry’s impact goes beyond the operations of the companies actively engaged in exploration and production (upstream), and transportation, refining and marketing (downstream) of crude oil, natural gas, and petroleum products. Through their operations and capital investment activities, oil and gas companies buy goods and services from suppliers and contractors, who in turn employ people and buy goods and services of their own. Oil and gas companies also employ
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Energy & Geostrategy 1. Europe's dependence on Russian gas - 30% of Europe's gas comes from Russia and some nations are 70-100% dependent - dependence gives Putin political leverage - why is this an issue? - Lets look back to 2006 - Gazprom (SOE of RUS) raised NG prices from 50 - 230/1000 cubic meters unilaterally for the Ukraine (to exercise their influence) -> Ukraine denied the price hike and the pipes were turned off. As Ukraine is comprised of many Soviet-era pipelines
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Newer Sources of Fossil Oil in North America (Favoring Production of Oil Sands and Opposing the Production of Tar Sands) Discovery about Tar/ Oil Sands Tar/ Oil sands are very important for determining the energy requirements of any country. Today we highly depend on the energy resources and could not succeed without considerable energy resources available to us to meet our daily production needs. Fossil fuels which are based on coal, natural gas, renewable, nuclear and oil are the main sources
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internal combustion engines. Hydrogen is also used in fuel-cell vehicles that run on electricity produced by the petrochemical reaction that occurs when hydrogen and oxygen are combined in the fuel “stack.” 5. PropanePropane—also called liquefied petroleum gas or LPG—is a byproduct of natural gas processing and crude oil refining. Already widely used as a fuel for cooking and heating, propane is also a popular alternative fuel for vehicles. Propane produces fewer emissions than gasoline, and there
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Dangers of Fracking Hydraulic Fracturing, also known as fracking, is a process used in nine out of 10 natural gas wells in the United States, where millions of gallons of water, sand and chemicals are pumped underground to break apart the rock and release the gas. Scientists are worried that the chemicals used in fracturing may pose a threat either underground or when waste fluids are handled and sometimes spilled on the surface. Extracting gas from shale increases the availability of this resource
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negative impact on the global economic growth and continuous depreciation of Indian rupees. So we will discuss how to deal with high oil prices and the methods to overcome. In India there is scarcity of natural resources due to which we have to import petroleum from other countries. As day by day demand for petrol, oil products is increasing and consumption rate of oil being high, it consequently tends to increase in oil prices. Government is always blamed for ever increasing prices but somewhere we people
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Introduction The Lotus Rental Car’s Chief Financial Officer is making an assessment on the feasibility of adding alternative fuel vehicles to the fleet. This analysis will cover the Energy Act of 1992 concerning the alternative fuel sources, explain the pros and cons of using alternative fuel technology such as Hybrids, Battery power, Diesel, Biodiesel, and Natural Gas, and also the factors that will impact the American people having to find resources easily, which can be difficult. Energy Act
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gasoline would sell for far more than the crude oil itself however, the new equipment would be costly and would not turn profit until nine years after the purchase of the equipment. This study focuses on the decision at hand for Ajax Petroleum. I. INTRODUCTION Ajax Petroleum Company is an oil refinery in Middletown, Ohio. The company is currently being managed by Bill MacGregor, who always listens to his subordinates’ recommendations. John Patterson, general superintendent for the cat cracker, is
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Disaster in the Gulf: One Year Later Business Policy & Strategy (MAN 4764-1) Everest University Presented to: Professor Melissa Sweeney Presented by: Burl Hicks April 18, 2014 Disaster in the Gulf: One Year Later 1. What external environment (general, industry, and competitive) segments do you think BP considered or didn’t consider prior to their drilling of the Gulf Coast? What should the wedding business owners now consider in their external environment? BP decided to drill in the
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