The North Sea: vital to the future of the oil and gas industry Contents 3 Foreword 14 Section seven: Forecasts and financials 4 Section one: A new dawn 16 Section eight: Interview with Robin Watson 5 Section two: Growth and investment 18 Section nine: Conclusion 8 Section three: Workforce 19 Section ten: Key takeaways 10 Section four: Foreign ownership 20 About the author 11 Section five: Unconventionals 12 Section six: The road ahead The survey
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After years of keeping the price, of crude oil sold to the United States, low enough to maintain market share, Saudi Arabia is at a disadvantage as the shale gas leaves American refiners with abundant supplies of inexpensive domestic oil. This article, published on Bloomberg Business Weekly on September 28, 2014, describes the changes in Saudi´s oil market now that the US turns to lower-priced domestic oil. Saudi´s imports are being pushed back by domestic production, rising to 65% in the past five
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Sellors Date: November 27, 2012 Table of Contents Introduction 1 The Companies 2 Husky Energy Inc. 2 Investments 2 Suncor Energy Inc. 3 Investments 3 The Industry 4 Stock Performance 6 Ratio Analysis 8 Risk Factors 10 Commodity price risk 10 Regulatory risk 10 Sovereign risk 11 Earnings per Share (EPS) 12 Conclusion 14 References 16 Appendices 17 Appendix 1: Husky's Production - December 31st, 2011 17 Appendix 2: Suncor's Production – December 31st, 2011 18 Appendix
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Sheridan College FINA30065 March 22, 2015 Husky Energy; Foreign Exchange Exposure Husky Energy is Canadian, vertically integrated oil and gas retailer, operating “555 gas stations in Canada” (Hoover’s Inc, 2015), along with oil refining operations in the Canadian oil sands and off-shore Newfoundland and Labrador refineries. They are also operating the Liwan Gas Project, which consists of a 40% “working interest in the Wenchang oil field in the South China Sea”. (Husky Energy Inc., 2015) They are also
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amazing source of alternative energy. Wood, coal and gas have proven to be effective sources of energy; however, corn has proven to be the most effective alternate source of energy in comparison. The actual cob of corn is dense and slow burning which is the reason it is such a good source of energy. While lowering the cost of energy for a heating system, corn can also lower the cost per energy consumed. (Energy Refuge.com, 2006-2009) The rising cost of gasoline and demand for less reliance on foreign
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rationale. Marathon oil is considered the fourth largest oil company in the United States. They are engaged in exploration and production; oil sands mining; integrated gas; and refining, marketing and transportation (www.marathonoil.com). Marathon Oil Corporation operates seven refineries and sells refined products at Marathon-branded gas stations, and through retail subsidiary Speedway outlets. It also holds stakes in 10,000 miles of pipeline, and is one of the largest asphalt and light oil product
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Why commodity markets were started The first recorded instance of futures trading occurred with rice in 17th Century Japan. There is some evidence that there may also have been rice futures traded in China as long as 6,000 years ago. Futures’ trading is a natural outgrowth of the problems of maintaining a year-round supply of seasonal products like agricultural crops. In Japan, merchants stored rice in warehouses for future use. In order to raise cash, warehouse holders sold receipts against
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are all familiar with fluctuating prices of gasoline at the pump. Why does this happen? Research the recent history of gasoline pricing in your area, and attempt to relate any fluctuations you observe to documented supply and demand factors, as outlined in our book. Be sure to cite any references used. Rapid changes in oil and gas prices can be attributed to supply and demand, market speculation and the expense of refining crude oil into gasoline. Gasoline prices are also directly affected by exchange
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green. Is this for the simply fact that oil supplies are getting low and gas prices are rising to unbelievable heights? Or is it that humans are honestly trying to save and truly care about the well being of our planet earth and wish to preserve it. A mixture of both could be the reason although it has been recorded that people with high credit scores that can get ecofriendly cars at low interest rates save a lot more money on gas in the long run. Whatever reason you believe the simple truth is that
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SUMMARY In the world today, oil is being used as the main source of energy for a lot of core industries. Due to its non-renewable characteristics and the global rising demand, oil has increased in its value, which results in many oil price crises recently. For all those industries using large amount of oil in operation, the risk of rising oil price is an extensive problem. The most efficient method to hedge against this risk is by using oil futures contracts. Because of its effectiveness, oil futures contracts
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