The Deepwater Horizon Oil Spill (aka BP Oil Spill) was one of the worst oil disasters in history. How much damage was done? How is BP making up for it? This is what we discovered: In the BP Oil Spill‚ more than 200 million gallons of crude oil was pumped into the Gulf of Mexico for a total of 87 days‚ making it the biggest oil spill in U.S. history. 16‚000 total miles of coastline have been affected‚ including the coasts of Texas‚ Louisiana‚ Mississippi‚ Alabama‚ and Florida. Even though the
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Petroleum is an oily‚ thick flammable liquid‚ a mixture of various solid‚ liquid and gaseous hydrocarbons. Hydrocarbons are molecules that comprise of Hydrogen and Carbon. Petroleum is the general term for "unprocessed" crude oil. It is present beneath the Earth’s surface (Lithosphere) and forms when trapped‚ decomposed dead organisms buried in the sedimentary rock‚ and are heated under the immense pressure of new sedimentary layers over time (fossil fuel). The heat and pressure distilled the organic
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ARTICLE TITLE: FACTORS THAT DRIVE PRICEY OF PETROLEUM In Malaysia‚ RON 95 and RON 97 petrol has increased prices from years to years. Not only in Malaysia‚ but all the countries in the world are facing same trouble‚ petroleum prices keep increase until it become a economics burden for community. Petroleum prices $36.7 per litre in 1983. In 2005‚ it has increased to $79.9 per litre and last year‚ it also has increased to $134.1 per litre. So‚ what are the factors affecting the prices? First‚ we
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Porters Five Forces: (Petroleum Industry) Supplier Power: Strong The equipment manufacturers are small in number‚ yet large in size. Therefore‚ a high demand from the oil and natural gas companies has naturally given them an advantageous position within the sector. Their highly diversified product portfolio has continued to emphasize their strong bargaining power with the oil and natural gas companies. Due to the specialized nature of the suppliers‚ finding an alternative supplier is difficult
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measuring the ecological impacts in hopes of reducing them. A multitude of tools have since been created to measure efficiency in hopes to highlight areas for improvement‚ of which the ISO standard and Life cycle assessment are part of. Undoubtedly‚ many companies have adopted life cycle analysis (LCA) in order to assess and reduce their product’s impact on the environment. The fashion industry‚ at its core‚ is based on the notion of continual consumption of the ‘new’ and the discard of the ‘old’
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1. The System Analysis and Design Life Cycle‚ or SDLC‚ has 7 stages to it. - Preliminary Analysis: This first stage is intended for conducting a preliminary analysis‚ proposing alternative solutions‚ discuss costs and benefits and submit a preliminary plan with recommendations. You need to find out the organization’s objectives and the nature and scope of the problem. Alternate proposals may come from interviewing employees‚ clients‚ suppliers‚ and/or consultants. You can also study what competitors
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Check Point: Systems Life Cycle XBIS/220 Systems Development Life Cycles (SDLC) is just one model that follows the development process of analysis‚ design‚ development‚ and maintenance of information systems. There are many different methods and techniques used to direct the life cycle of a software development project. Each is designed for a specific purpose or reason and most have similar goals and share many common traits. Kal Toth describes typical activities performed as
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specialized in petroleum engineering. Therefore I submit my application for the position of MSc Degree in Petroleum Geoscience for Reservoir Development and Production‚ University of Manchester. I am confident that I have the technical qualifications to meet the course requirements as I strongly believe by completing this course will serve my goal of a career in Oil and Gas industry or involved in research oriented organization. I have completed a four years Degree of engineering in Petroleum at UTM and
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Pioneer Petroleum Corporation’s (PPC) has been through a diverse amount of changes throughout the years. They were originally were a merger of several different independent firms operating in the oil refining‚ pipeline transportation‚ and industrial chemicals fields. PPC then integrated vertically into exploration and production of crude oil and marketing refined petroleum products‚ but horizontally into plastics‚ agricultural chemicals‚ and real estate development. They decided to restructure
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INTRODUCTION Life cycle costing is one of the various techniques in strategic management. It is a procurement as well as production costing technique that considers all life cycle costs. Besides‚ it is also a tool to determine the most cost-effective option among different competing alternatives to do a project‚ when each is equally appropriate to be implemented on technical grounds.This report will discuss life cycle costing in the view of production costing technique. In manufacturing‚ the
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