...Employee Motivation in the Oil and Gas Industry BUS610: Organizational Behavior Instructor: Neil Mathur November 18, 2013 This paper discusses several ways to motivate worker in the oil and gas industry. There are a lot of workers that are not motivated. Coming up with different hands on ideas and motivation strategies that will help workers come up with ideas that they would like to see be implemented will help the motivation strategies. In the oil and gas industry many workers are not motivated, not only in the field workers are in the corporate environment. The oil and gas industry is a very busy industry. We not only have to take everything serious, we have to be on top of everything daily. Motivation is not incorporated in this field. The oil and gas field need to have more workers that could come up with different idea that would involve the workers and make them eager to get more involved in the company. The reason we need this is because the morale in the company is down. Workers do communicate with each other, but they do not participate in other activity that goes on in the company. I believe it take the director and managers to boost up the morale in the company in order for the company motivation strategy to work. The upper management needs to show the worker how much they are appreciated and show them how much they are needed to run the company. The Maslow’s Hierarchy is one of the theories that describe the oil and gas industry. The Maslow’s Hierarchy...
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...Abstract The basis of this paper is to examine the past and most recent development of Exxon Mobil. This research will highlight key study points including history, supply and demand, price elasticity, cost of production, competitive advantages, entry barrier, product substitution, market share and structure. Various information used for this study are company history statements, SWOT analysis, and financial reports. The story of this giant oil company has become more intriguing with the every increasing demand for oil, oil-powered products, driving global production nearly to 5.3 million barrels a day. This paper will investigate alternate energy and how the world is slowly gravitating towards that shift. Company Introduction In our economic day and age, there is a high reliance of oil and gas in everything used in daily task. From cooking, to driving cars and keeping warm during the winter season, it is one of the essential necessities in current modern time that keeps the human race thriving. It is used in the production of certain home and household materials. Gas is used in producing fertilizers and a wide range of industrial products, including plastics and polymers, textiles, paints and dyes. In this study there will be a focus on one-of-world’s largest oil companies – Exxon Mobil and examine the corporations’ economic value. What is Exxon Mobil? Exxon Mobil, as we have stated previously is one of the largest companies in the oil and gas industry. Exxon is the largest...
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...Goal Towards Energy Independence Fueled by Oil and Gas Alone The OERB or Oklahoma Energy Resource Board is a group that provides information about the oil and gas industry in Oklahoma, but that is also funded by the producers and stakeholders themselves. The discourse provided per their website implies that the oil and gas industry is safe, responsible, and necessary for economic progress in our state. The narrative of the OERB's discourse is a triumphant story of the oil and natural gas industry in Oklahoma. It also seems to be a slightly overdone or obvious PR program. First, the website tells the reader that "our future started in 1897," when our "first commercially profitable well christened our state for greatness." The idea of oil and gas as the future is important for them. Many argue that these practices may endanger our future (by polluting the environment, etc.), so it is critical for them to highlight what oil and gas can bring to the table of the future -- money and jobs. This also shows the building of a particular worldview in Oklahoma, where the states value or importance comes from what it can give us economically instead of perhaps the state's intrinsic value in the natural beauty of the environment or the services of healthy ecosystems. This page shows the view of nature as a commodity to be bought and sold as well. Also in this narrative we see the OERB saying that the reason for past "slumps" in the oil and gas industry were caused by excessive regulation...
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...Running Head: VENEZUELAN OIL MARKET 1 Analysis of the Venezuelan Oil Market BINT 6311 – International Business Management University of the Incarnate Word VENEZUELAN OIL MARKET 2 Table of Contents Abstract ............................................................................................................................................3 Review of Venezuela .......................................................................................................................4 Geographic Location ....................................................................................................................4 Demographics ...............................................................................................................................5 Economic Indicators .....................................................................................................................5 Politics and Economic Freedom ...................................................................................................6 Analysis of Entry Modes .................................................................................................................7 Government’s Role ......................................................................................................................8 Joint Ventures ...............................................................................................................................8 Recent Events in Entry ....
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...has made it much more difficult for us to estimate how far ahead of us is "the cliff", so one would slowly hit the brake. Corporations and their marketing departments are very experienced at getting inside the minds of consumers and use that as an advantage to increase profits. Imagine the world's biggest and most powerful oil company launching its new TV ad promoting natural gas development and its name brand by claiming "natural gas is one of the world's cleanest fuels"(Brand Republic). The ad definitely seems to be convincing and valid, thus, luring consumers into choosing natural gas instead of other energy alternatives. Many adults are more inclined to buy eco-friendly product even if they would pay more for them .That’s the reaction ExxonMobil seeks: the thoughts of doing something good in connection with environment, and human rights, etc. However, is this really is the whole truth? There are raised questions whether or not the ad's claim is just an overstatement or possibly straight wrong and misleading. The ASA agreed and decided to ban ExxonMobil's ad for such reason. However, the damages are done: ExxonMobil had put the idea of natural gas being a “clean”...
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...Thesis Statement America needs to achieve energy independence and reduce its dependence on foreign oil. Abstract The United States need to lower its dependence on foreign oil. The U.S. dependence on foreign oil has created a huge trade deficit that puts billions of U.S. dollars into the hands of countries that are not U.S. allies. This dependence also could lead to an economic downturn if there is another spike in oil prices. The U.S. needs to find alternatives to foreign oil that are environmentally sound and U.S. made to achieve energy independence. America needs to find new energy sources and better energy conservation to meet its future energy needs. As of now America is far too dependent on foreign oil for its main energy source. Many experts say that the world is at peak output for oil right now and will be decreasing into the future. Right now the world has about 6.7 billion people, but by 2050 the estimate for world population is more than 9 billion people. That means we need a lot more oil than we now produce and our production capacity is already almost at its peak. If are still powering our cars, factories, and homes with oil when oil starts to run out we will be in a lot of trouble. In 2008 when oil supplies were near capacity the price of gas shot up to over $4.00 a gallon and I could barely keep up with my bills because of the extra money spent on gas. The price spike also helped to contribute to the collapse of the economy in the second part of 2008....
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...ENVIRONMENTAL IMPLICATIONS OF THE ATHABASCA OIL SANDS “The modern era began with the discovery that started the most brilliant, inventive, and destructive age in the history of mankind. The age of energy.” The Athabasca oil sands were founded in the late 1960s and have now developed into a major player within the Canadian economy, acting as its prominent supplier of crude oil. With roughly 2.5 trillion barrels of oil in the ground, the oil sands are one of the largest deposits in the world. However, a problem arises with the extraction process, as it is both expensive and cumbersome with the presence of bitumen within the oil (a highly viscous, black hydrocarbon). Therefore, the extensive extraction process that is required by oil mining companies leads to negative environmental implications. As a result, this paper will discuss the extent of these environmental implications in terms of escalating greenhouse gas emissions, the depletion and contamination of water reserves, and the destruction of terrestrial ecosystems within the Boreal forest. In addition to this, the underlying notion of Alberta’s unlikely future for a sustainable environment. Greenhouse gases (GHG) are emissions within the atmosphere that absorbs and emit radiation, thus damaging the ozone layer. Taking this into consideration, the expansionary development associated with the Athabasca oil sands are rapidly increasing the level of pollution emitted within Canada. The oil sands alone are a source of more than...
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...when people thought of the environment, they thought of its beauty; but now as the natural beauty of the earth that disappears, many people around the world have awoken to the realities of just how fragile our earth actually is. Central to this issue is pollution, which involves the introduction of harmful substances into the air, land, and water. Although pollution has been occurring throughout the earth’s history, the rate by which the human species have contributed to the amount of pollution that has entered our environment over the past several hundred years far exceeds the earth’s inherent ability to heal itself. Along with pollution, the mass deforestation of the world’s old growth forests has also posed a growing problem to the health of our environment. The clearance of forests without sufficient reforestation has gradually wore down nature’s natural defence against air pollution, desertification, and soil nutrient loss to the point that we are now facing a future world without trees, which would ultimately mean a world without people. Experts and advocates of environment-centred reforms to policies, laws, and harmful corporate and social practices currently make up the global environmental [protection] movement, which seeks to consolidate individual efforts to improve upon the ways human beings interact with the planet. The global issue of the Environment encompasses many diverse matters of interest some of which will be discussed in this paper, which include:...
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... 2014 Abstract This paper will cover the legal and environmental issues raised by hydraulic fracturing. It will discuss state and federal regulations as well as proposed federal laws. This paper compares and contrasts stat law approaches, establishes and understanding for the place of hydraulic fracturing as it relates to the United States energy needs, and examines Frances laws and regulations on hydraulic fracturing. Hydraulic Fracturing Hydraulic Fracturing, also known as fracking, is a controversial oil and gas extraction process introduced in the late 1940s, which stimulates the movement of oil and natural gas trapped between rocks deep underground (ConocoPhillips, 2013). A large number of water, sand, and chemicals are pumped into the ground to break the rocks and release gas (Publica, 2013). This method increases the output of oil and natural gas. “This process, along with new innovations in horizontal drilling, has opened up new natural gas development opportunities across the country, especially in the mid-Atlantic region” (Law, 2011). Hydraulic fracturing is currently underway in the United States in Ft. Worth, TX, Fayetteville, AR, and the Appalachians (USGS, 2014). Internationally, hydraulic fracturing is currently taking place in Russia; however fracking is forbidden in France (Chu, 20104). Venezuela holds the largest gas and oil reserve in South America, but lack the development. Mexico is the biggest importer of natural gas by hydraulic fracturing...
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...Natalie S. Jeffery Professor Jarrett Composition 1 8 October 2015 Human vs. Environment It is my belief that we as humans do have a lot of control over our environment. Every decision that we make affects it some way. The cars that we choose to drive is just one of the many ways that humans affect our environment on a daily basis. Even the simplest choices that we can make in life, like recycling, can make a huge impact in the future of our environment. Until you really stop and think about just how big our environment actually is, then you probably would not ever realize just how important it is to us as humans and just how much we do affect it. The Philosophy of environmental protection analysis issues should involve examination of four topics: limits of the environment to absorb human impact without deleterious change; need for change in human behavior to reduce or avoid adverse environmental impact; limits on the authority and jurisdiction of civil government; and need for civil governmental action toward environmental preservation (Staff Writers 2015). The Civil Government is used to protect our environment from humans as well as our property from the actions of others that may be trying to cause harm or destruction to it, but they are not authorized to do anything about the misuse of the environment. I personally think this is hogwash and we as Americans deserve a government that should be able to protect our environment from the people who are intentionally destroying...
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...Agnes Kurthy BUS 140 – Research Paper December 2, 2013 Should the State of California Permit Fracking on a Large Scale Despite a recent decline attributed to a relatively nominal growth over the past couple of years, California continues to rank among the top 10 of the world’s largest economies. It is currently ranked as the world’s ninth largest economy, surpassing many developed nations with an annual GDP exceeding two trillion Dollars, according to a report by CNN last year.1 California’s crude oil and natural gas deposits are located in six geological basins in the Central Valley and along the coast. California has more than a dozen of the United States' largest oil fields, including the Midway-Sunset Oil Field, the second largest oil field in the contiguous United States. California is sitting on a massive amount of shale oil and could become the next oil boom state. But only if the industry can get the stuff out of the ground without upsetting the state's powerful environmental lobby. Running from Los Angeles to San Francisco, California's Monterey Shale is thought to contain more oil than North Dakota's Bakken and Texas's Eagle Ford, both scenes of an oil boom that's created thousands of jobs and boosted U.S. oil production to the highest rate in over a decade. In 2010, California produced 12% of the natural gas, 71% of the electricity, and 38.11% of the crude oil it consumes. The remaining electricity and natural gas was purchased from Canada, the Pacific Northwest...
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...Map the Supply Chain Paper MKT – 421 December 15, 2014 University of Phoenix Map the Supply Chain Paper The supply chain of the oil industry can be difficult to most, including the persons that work in the industry. The reason I chose this particular industry is that my husband works in it and thought it would be interesting to know more about the process. If it is hard for those within the industry it can be even more difficult to understand for those who depend on their services and or products, which basically covers the vast majority of consumers. In order to understand the industry more completely it is necessary to break it down. The use of the supply chain process outlined in this paper helps to clarify the critical systems, their key functions, and the consumers and the industry related services that are at the mercy of on this source of energy. The understanding of these key components – the issues that can occur over various stages of development, production and distribution, and the codependency that our nation’s energy substructure is made up of – all of which make up the supply chain and where they fit into the entire process, helps to assist in putting it all into perspective. The general outline of the oil industry supply chain is identify, explore, design/construct, production, pipeline, refining, short-term storage, terminal, power plants, essential manufacturing (ex. Plastic, refined gases, medical, etc.) blend, shipping or ports of call and point...
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...| Ship “Shell” Hit an Iceberg | Shell Oil Scandal in 2004 | | In 2004, the Shell Company was involved in an oil reserves reporting scandal. It made them caught in low point. | | Ines Chen, Leilani Zhao, Bingchen Wang | Contents Background……………………………………………………………………….. 2 Purpose of the case study… ………………………………………………...…2 Shell Company, the oil Industry giants………………………………………..3 The Iceberg ----Shell oil scandal ……………………………………………….. 4 Effect of the Scandal ……………………….……………………………………..6 The Origins of the Scandal …….………………………………………………....7 Weak internal controls, the dual company structure ......……………….…7 The shortage of oil reserves and World oil crisis ……………….....………10 The Closed Corporate Culture…………………………….………………..….11 Conclusion…………………………………………………………………….……14 Works Cited………………………………………………………………………15 Background: In recent years, Shell was one of the most famous companies of the world because of excellent long-term planning, outstanding technical capabilities and unique management style. Shell, which was the Anglo-Dutch heritage and a twin board structure, once was treaded as textbook example of a multinational company. When people talked about the Shell Company, they always remembered the old corporate slogan, 'You could be sure of Shell'. Yes, this seemed a mere statement of fact. But such the good company liked this also did some bad things from the mid-1990s. The company had dealt with the environmental and human right's problem, and its competitors...
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...reducing your carbon footprint from your banking activities. This comes in many forms. Using online banking instead of branch banking. Paying bills online instead of mailing them. Opening up CDs and money market accounts at online banks, instead of large multi-branch banks. Or finding the local bank in your area that is taking the biggest steps to support local green initiatives. Any combination of the above personal banking practices can help the environment. So this leads to the question, which banks are green. In general, online banks and smaller community banks have better track record than larger banks. For instance, take a look at the banks that British Petroleum has been reported to seek lines of credit from this past summer after the oil spill. Goldman Sachs (GS) Citigroup (C) JP Morgan (JPM) Bank of America (BAC) These banks have at least one thing in common. That is, they are all large billion-dollar asset banks. They are also in the group of banks that received TARP money in the government bank bailout program. In would seem common sense to label these banks as not eco-friendly and assume that they leave an enormous carbon footprint in comparison to an online banks like Everbank.com or Virtualbank.com. Despite these assumptions, which Green Bank Report believe to be true, it is important to remember that even these large BP-friendly, TARP-sucking monster banks can be induced to go green. It just takes a little grass...
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...Research Paper on Hybrid Cars The cars we use all over the world are detrimental to our Earth’s environment. In the United States, air quality often fails to meet federal standards. Air pollution, water pollution, global warming, and ozone depletion are some of the problems we face each day that reflect the consequences of our actions. The cars we drive emit exhaust gas, whose harmful elements cause acid rain and global warming. As a result of growing environmental concerns, the US government has been trying to resolve these problems. One such solution is the Hybrid car, which can save resources by giving off less emission. However, among the many benefits of Hybrid cars, there are also some drawbacks as well. Hybrids still exhaust some emissions, and their large batteries require frequent replacement. Now, fortunately, many companies are thinking of ways to improve Hybrid cars because if we don‘t stop driving gasoline powered vehicles, the earth’s resources will be destroyed. Driving a car is the worst pollutant. Despite attempts to make engines more fuel efficient and the increase in antipollution devices, emissions from passenger vehicles are increasing in Canada and the US. The main cause of this problem is that cars are getting bigger and consumers are driving pick-up trucks and sports vehicles instead of smaller, lighter passenger vehicles. The average new car in 2001 consumed more fuel than the average car in 1988. In 1987 cars averaged 25.9 miles to the gallon in...
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