Oil and Gas Industry in India Base your report on the “Diamond Model” framework of Porter‚ and the analysis of international business risks as presented in the textbook. * Factor conditions are human resources‚ physical resources‚ knowledge resources‚ capital resources and infrastructure.[2]Specialized resources are often specific for an industry and important for its competitiveness.[2] Specific resources can be created to compensate for factor disadvantages. * Demand conditions in
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Personal study Oil and Gas India An Overview Sahil Jain 11/17/2012 Introduction India imports roughly 75 percent of its total oil consumption and the remaining 25 percent is primarily produced by National Oil Companies (NOCs). Concerned by the alarming increase in our oil import bill‚ the government has taken several steps to reduce our dependency on imported oil. But even after more than a decade of introduction of policies like the New Exploration Licensing Policy (NELP‚ 1997-98) and
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OIL AND GAS Researched & Presented By: Glenson Sequeira (41) OIL AND GAS Oil and Gas Industry in India is a 110 billion USD industry (as in March ’2007). The India oil & gas demand ranks it sixth in the world. The oil and gas industry has been instrumental in fuelling the rapid growth of the Indian economy. The petroleum and natural gas sector which includes transportation‚ refining and marketing of petroleum products and gas constitutes over 15 per cent of the GDP. OIL AND GAS INDUSTRY
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Introduction to Oil Industry in India After the Indian Independence‚ the Oil Industry in India was a very small one in size and Oil was produced mainly from Assam and the total amount of Oil production was not more than 250‚000 tonnes per year . | This small amount of production made the oil experts from different countries predict the future of the oil industry as a dull one and also doubted India’s ability to search for new oil reserves. But the Government of India declared the Oil industry in India
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TERM PAPER Managerial Economics SWOT ANALYSIS OF CRUDE OIL INDUSTRY INTRODUCTION Crude Oil Industry Crude oil is one of the most necessitated worldwide required commodity. Any slightest fluctuation in crude oil prices can have both direct and indirect influence on the economy of the countries. The volatility of crude oil prices drove many companies away. Therefore‚ prices have been regularly and closely monitored by economists. Now a days prices have shoot up to record
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HW#1 A Macro-Environmental Analysis of the Wine Industry in Turkey A factor that influence a company’s or product’s development but that is outside of the company’s control is known as macro environment. In this paper‚ all dimensions that affect that wine industry in Turkey are investigated. It is important to observe the wine industry in terms of political‚ economic‚ socio-cultural‚ technological and natural aspects; it is called as PESTEL analysis. This analysis which provides the deeper look
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L3.Strategic Analysis - External Introduction/Recap Strategic Analysis External Analysis PESTEL analysis Industry & Competitive Analysis. Strategic Analysis: Factors Shaping the Choice of Company Strategy Social‚ political‚ regulatory and community factors Competitive conditions and industry attractiveness Company opportunities and threats to company’s well-being External Factors Company’s Strategic Situation Determine relevance of internal and external factors Identify and evaluate
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The oil and natural gas sector comprises of exploration and production of crude oil‚ natural gas‚ refining and marketing of the petroleum products‚ which are classified as upstream‚ downstream and midstream. Industrial Research on India - Oil & Gas Sector July 2012‚ BIM Trichy Arjun Venugopal‚ Divakaran‚ Revathy Prasad‚ Sreejesh N‚ Vincent Ministry of Petroleum & Natural Gas Government of India Domestic Production Natural Gas (52.22 bcm) Petroleum (37.7 MMT) Imports Natural Gas
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The OIL INDUSTRY includes the global processes of exploration‚ extraction‚ refining‚ transporting (often by oil tankers and pipelines)‚ and marketing petroleum products. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum is also the raw material for many chemical products‚ including pharmaceuticals‚ solvents‚ fertilizers‚ pesticides‚ and plastics. The industry is usually divided into three major components: upstream‚ midstream and downstream. Midstream operations
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PESTEL/ PESTLE/ PEST Analysis of hospitality industry Traditionally PESTEL analysis was known as the PEST analysis and only in the modern times did the use of the word PESTLE came into being. Social part of the PEST is split into environmental factors too as those have a significant role in the strategic management these days. Along with that economic factors are split into legal factors for the same previously mentioned reason. Political Environment “These refer to government policy such as
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