To Drill Or Not To Drill Hum/111 02/13/2011 Natalie D. Harris I think that when it comes to drilling for oil in foreign countries or spending money to create new technology to make our own oil we should make the new technology and have our own oil. Three reasons why I am on this side is because you have to spend money to make money or save money, there will not be any more wars over oil and we will gain more independence. Those three reasons all tie into each other in some way because we
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company. It is engaged in the exploration and production of crude oil and natural gas, as well as in the domestic refining, marketing and transporting of petroleum products, integrated gas business and oil sands mining. The company’s principal operating subsidiaries include Marathon Oil Company (exploration and production) and Marathon Petroleum Company LLC (refining, marketing and transportation). Its principal operating locations include the US, Equatorial Guinea, Libya, the North Sea, Angola, Indonesia
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Earnings season is a busy time for the stock market. And the January/February season--when most companies report fourth quarter results--is the busiest of them all. That's because companies typically offer a look at the year ahead, shedding some light on new themes to consider. There's a handful of companies I watch more carefully than others; I see these firms as key "tells" for the energy market. One such firm is oil services giant Schlumberger (NYSE: SLB). The reason I watch this stock so
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Management Planning - Halliburton Halliburton was founded in 1919 by Erle P. Halliburton and is currently “one of the world’s largest provider of products and services to the oil and gas industry” (Halliburton, 2010). Halliburton’s began with one man, borrowed supplies and a homemade mixing box is now an employer of over 50,000 people and has a presence in approximately 70 countries (Halliburton, 2010). Halliburton established its first research and testing laboratories and then set their sights
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Teedra Jones Business Economics GM 545 Fall B Term teedrajones@yahoo.com Essay 1. There are many factors that go into determining the price of a gallon of gas. The cost to crude oil refineries, refinery processing costs, distribution and tax all account for the high prices consumers are paying. Tax alone can makes up about 19 percent of the cost. While the price does fluctuate, it is steadily increasing. Between 2004 and 2005 the price of crude oil per barrel rose from $36.98 to
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Ethical Responsibility with Oil Companies Lisa Dauwen National American University Abstract There are processes that oil companies need to go through to make sure that they are operating ethically. They include protecting the environment, researching alternative sustainable energies, and making sure that they are allowing for economic growth. This paper will look at 3 oil companies that are familiar to the United States. The paper will also look at the recent Gulf of Mexico oil spill and look
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Customize View Search: View: Current Investment Prior Investment Current Subsidiary/Operating Unit Prior Subsidiary/Operating Unit Merged Entity Current Investment Arm Prior Investment Arm Pending Acquisition/Investment Cancelled Acquisition/Investment Group By: Investments Company Name Relationship Type Primary Industry Last Investment Date LTM Total Rev. ($mm) LFQ Total Assets ($mm) LFQ Total Debt ($mm) Period End Date Cuadrilla Resources Holding Limited Pending Acquisition/Investment
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Friday 29 June 2007 Change of recommendation Reliance Industries Earnings to provide a reality check We downgrade RIL to Sell with a target price of Rs1,300. We believe consensus valuation of its E&P assets is too aggressive. The stock also looks expensive on earnings multiples, given our cautious view on the commodity cycles and belief in rupee appreciation. Key forecasts FY05A Revenue (Rsm) EBITDA (Rsm) Reported net profit (Rsm) Normalised net profit (Rsm)¹ Normalised EPS (Rs) Dividend
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Global Business and Ethics Paul Davis MGT/216 June 14, 2010 Paul Nesbitt In 2002, a Texas company and subsidiary of Halliburton, Kellogg, Brown, and Root (KBR) arrived in Kuwait to provide material support i.e., food services, trucks, cots, tents, gymnasiums, showers, generators, air conditioners, you name it, KBR supplied it for the troops gathering there for the 2003 invasion of Iraq. According to CorpWatch, KBR received a ten-year, no-bid contract that provided international logistical
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September 29, 2005 seemed like a perfect, beautiful day but this was the day that the world witnessed a catastrophie that would have lasting effects on our economy. People sat glued to their television screens as Hurricane Katrina ripped through three states taking with it the homes and lives of millions of people. In the aftermath of this powerful hurricane, the people of the United States realized how valuable their families, lives, and the economy was to them. Something that we took for granted
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