in their lives and the answer is not as simple to give as most of us would think. The complexity of the oil industry and controversies that surround them are not so simply placed in just black and white. The gray areas in the world of oil and petroleum products is vast, and in an age of growing populations with more demand on the natural resources we have, we are racing toward a turning point in the worlds’ economy with the drain on our fossil fuels reaching a boil. The oil industry from start
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2009 Weekly Business Digest Week ending July 5, 2009 [TYPE THE DOCUMEN T TITLE] [Type the abstract of the document here. The abstract is typically a short summary of the contents of the document. Type the abstract of the document here. The abstract is typically a short summary of the contents of the Networth – Everything finance document.] The Finance Club of IIMB 05/07/2009 Table of Contents India Business News World Business News Food For Thought INDIA BUSINESS NEWS Indian Stocks
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More than two decades ago, Harvard Business School professor Theodore Levitt provocatively declared in a 1983 HBR article, "The Globalization of Markets" that a global market for uniform products and services had emerged. He argued that corporations should exploit the "economics of simplicity" and grow by selling standardized products all over the world. Although Levitt did not explicitly discuss branding, managers interpreted his ideas to mean that transnational companies should standardize
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company headquartered in China and supplying auto components for both Chinese and global customers, was in his office located in the bustling Chaoyang District of Beijing, pondering the next step that his company should take. Whatever the decision, it needed to be made soon, as the Chinese government’s upcoming and much stricter regulations on air pollution — caused by the rapidly increasing number of vehicles on the road — had been confirmed in the news. China’s National Standards III for Auto
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fuels, runs its business in the exploration, production, refining, trading and distribution of energy. The products are mainly BP petroleum and derived products serving an area worldwide. BP was founded in 1909 as the Anglo-Persian Oil Company and renamed as British Petroleum Company in 1954. A merger of British Petroleum and Amoco in 1998 modeled the greatest petroleum company all over the world---BP. Headquartered in London, UK, BP launched its new green, white and yellow logo in 2000 which is
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More than two decades ago, Harvard Business School professor Theodore Levitt provocatively declared in a 1983 HBR article, "The Globalization of Markets" that a global market for uniform products and services had emerged. He argued that corporations should exploit the "economics of simplicity" and grow by selling standardized products all over the world. Although Levitt did not explicitly discuss branding, managers interpreted his ideas to mean that transnational companies should standardize
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product customization in different international companies (Darley 54). Petroleum companies are companies that operate within the oil and gas industry in the energy sector. These companies produce oil related products, gas, and petrochemical products. These products have high demands across the world because they form the basic necessities of transport, automobile, and industrial energy sectors. Customization of petroleum products can be better explained by examining the Shell Oil Company. One
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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
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Impact of China's WTO Entry on Sino-Philippine Economic Relations and on the Philippine Economy SHEN HONG FANG impact of China's WTO entry on trade, investment and services between the Philippines and China, as well as on Philippines economic growth and development. Section I introduces different analyses of China's WTO entry from the perspectives of Philippine official, academic as well as business circles. Section 2 discusses bilateral cooperation through trade, investments, and other forms
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which was fed by hydrocarbons from the well continued to burn for 36 hours until the rig sank to bottom of the ocean. “Hydrocarbons continued to flow from the reservoir through the wellbore and the blowout preventer for 87 days, causing a spill of national significance” (Crisis Watch). The operations were controlled by BP Exploration & Production Inc., in which they held the lease contract as operators of Mississippi Canyon Block 252, which contains the Macondo Well. Deepwater Horizon exploration
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