Reliance Petroleum

Fracking has made its way across the U.S. at an alarming rate in the past few years. These wells are popping up on the side of roads, in the middle of fields, and around small rural communities all throughout our nation. The attitude towards this type of oil and natural gas production is highly controversial and bring a great amount of tension between U.S. citizens and our nation 's oil companies. This tension has many facing the reality that even though Fracking has many beneficial properties,…

Fracking can be devastating to the environment and the health of the community that lives near any fracking operation. There have been many cases documented where families that either live near a fracking site or that have even allowed fracking companies to frack on their land, having unusual symptoms that are related back to fracking. These symptoms can be but not limited to fatigue, burning eyes, dermatologic irritation, headaches, upper respiratory problems and many more. Along with these…

Oil is one of most important items in the world. Where you have oil you have money the two correspond with another. The fluctuation on the prices of oil can have dire consequences to the economy of a nation and a province. There is oil in Canada and the government has noticed that, the government has put numerous implications to improve our exportation of oil. With the drop in the price of oil some provinces in Canada like Alberta will have a tough time rebuilding the lost revenue. It is…

business with the expected increase in demand for oil and petroleum products across the world. According to World Oil Outlook (WOO), long-term oil demand is projected to grow 20 Mbbl/d, reaching 108.5 Mbbl/d by 2035. Of this increase, developing Asia would account for 88% while the demand in China, India and other developing countries in Asia would reach 94% of that of the OECD countries by 2035. According to WOO, the global demand for petroleum products is expected to increase to 111.1 Mbbl/d…

Background of Newmont Mining Corporation Newmont Mining Corporation was founded in 1916 by Colonel William Boyce Thompson. They are one of the world’s largest gold producers and become a listed company in New York Stock Exchange (NYSC) since 1940. Their business locates in US, Australia, Indonesia, Ghana, Canada, Peru, New Zealand and Mexico. Newmont Mining Corporation has approximately 35,000 employees and contractors worldwide. They are the only gold mining company included in S&P 500 Index…

INTRODUCTION In a debate regarding the most important asset of a country, one country might say its greatest assets are its financial assets. Another might say its oil and gas, and still to another that might be its gold reserves. While some only focus on physical assets that can be easily bought and sold, It is Winston Churchill who expressed that “Healthy citizens are the greatest asset any country can have”. All these assets contribute in some way or the other to the country’s economic…

Esso began life as the Anglo American Oil Company in 1888. It was the first foreign affiliate of John D Rockefeller's US company the Standard Oil Trust. It had a head office at Bishopsgate, London, and a depot at Purfleet in Essex. The depot stored paraffin being shipped from New York for use in lamps throughout England. In 1911, the US Supreme Court ordered the dissolution of the Standard Oil Trust, resulting in the spin-off of 33 companies, one of which - Standard Oil (New Jersey) - acquired…

consumption. Some may wonder “I am just one person, I wouldn’t be able to change the world.” Who is to say you aren’t able too? See, the first steps is knowing how too, and if you are willing to help the earth. “... if we dramatically reduce our reliance on oil and switch to renewable, non polluting source of energy, reduce the amounts of toxic we release back into the environment, and so on.” (Szasz, 223). Here he quickly explains how we can simply change the earth…

In his article “NASCAR Goes Green?”, Natale Servino questions NASCAR’s ability to benefit the environment and local economies. NASCAR and the International Speedway Corporation are mainly popular in America’s southern states; however, the companies are looking to expand in America and other countries. Though fans of the sport exist, people concerned with the environment are against the expansion of NASCAR. In response to environmentalists, the International Speedway Corporation and NASCAR state…

1.OPEC The existing oil stocks in the world equal to 1317 bin barrel. About 75% of these resources belongs to OPEC. OPEC (The Organization of the Petrolium Exporting Countries) – is a organization that was created by petroleum exporting countries to regulate oil price. The members of this organization are the countries that their economy depend on oil. OPEC as permanent…