PCRA aims at making oil conservation a national movement. As part of its mandate‚ PCRA is entrusted with the task of creating awareness amongst the masses about the importance‚ methods and benefits of conserving petroleum products & emission reduction. To take the message to the people‚ PCRA uses all possible and effective media for mass communication. These include electronic and press media e.g. TV‚ Radio‚ Electronic displays; Press at the National and State level printed literature for specific
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Graduation Project 10 December 2012 Petroleum Engineering: The Impact on Today’s Society The United States’ dependency for foreign oil is at its all-time high with the demand for oil continuing to grow. Americans depend on oil for transportation‚ heating‚ and power. Within the last five to ten years‚ the growing desire for more efficient ways of fueling has skyrocketed. Petroleum engineering has sparked a revolution throughout the nation. It has made a strong influence on the whole nation but
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A stakeholder is any individual or group who can affect or is affected by the actions‚ decisions‚ policies‚ practices‚ or goals of the organisation (Freeman 1984‚ 25). They have the interests in the activities of an organization and can be divided into internal and external stakeholders. In addition‚ there are different levels of stakeholders: primary and secondary. The level of stakeholders depends on the political‚ economic and social environment. Internal stakeholders are those from within the
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TITLE: MW Petroleum Corporation: A Valuation Approach on Real Assets ABSTRACTOR SUMMARY Valuation is the estimation of an asset’s value‚ whether real or financial‚ based on variables perceived to be related to future investment returns‚ on comparison with similar assets‚ or‚ when relevant‚ on estimates of immediate liquidation proceeds (Pinto‚ Henry‚ Robinson‚ Stowe; 2010). Correct valuation of real assets can present challenges to financial analysts. Different models can be used to arrive at
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Stakeholders As argued by Sharma & Starik (12) a stake holder is that which is affected by the operation of an organization entirely or can affect the organization directly. The organization can be of any kind meant to realize certain goals by the society. Stake holders are tenet to the development and performance of the organization without which the organization either cease or collapse completely. As such any organization must strive to identify its stakeholders and their specific needs
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Cash Flow Valuation – Proved Developed Reserves Discounted Cash Flow Valuation – Proved Undeveloped Reserves Discounted Cash Flow Valuation – Probable Reserves Discounted Cash Flow Valuation – Possible Reserves Question 3 To value MW Petroleum we would consider the assets in place and the option bearing assets discretely. The assets in place consist of the proved developed reserves since they are already producing a determinable quantity of oil and natural gas‚ as well as the non-producing
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AND CREATIVE TECHNOLOGIES AUCKLAND UNIVERSITY OF TECHNOLOGY TE WANANGA ARONUI O TAMAKI MAKAU RAU School of Engineering Master of Engineering Project Management Name Sahil Bansal ID Number 14832833 Paper Name AIPM Assignment Stakeholders / Law / Risk Number of words (excluding appendices) 3735 Please read and tick the boxes below before handing in your assignment If you are uncertain about any of these matters then please discuss them with your lecturer. Assignments will not
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PETROLEUM (PRO’S and CON’S) Petroleum has brought great benefits to human civilization; quality of life and dynamic prosperity is caused by this precious resource. It is the lifeline of modern civilization. It is the source of energy for agricultural‚ industrial and transport sectors and sustains essential industries moving. Petroleum currently provides 90 per cent of energy used for transportation‚ and while its benefits are astounding‚ the use of petroleum-based technologies also has cost
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close look at my Resume will indicate that I majored in the exploitation of oil and gas fields in my undergraduate program and specialized in petroleum engineering‚ a similar specialty‚ in my Master’s program. It may well be asked why I maintain such a close affinity with petroleum. The answer is simple and straightforward—because I was born and I grew up on an oil field and I have cherished a deep love for all that it represent. Even as a child‚ I had a habit of watching for hours how beam-pumping
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ANNA UNIVERSITY‚ CHENNAI AFFILIATED INSTITUTIONS R - 2008 B.TECH. PETROLEUM ENGINEERING II - VIII SEMESTERS CURRICULA AND SYLLABI SEMESTER II (Common to all B.E. / B.Tech. Degree Programmes except B.E. – Marine Engineering) SL. No. COURSE CODE COURSE TITLE L T P C THEORY 1. HS2161 2. MA2161 3. PH2161 4. CY2161 5. a ME2151 Technical English – II* Mathematics – II* Engineering Physics – II* Engineering Chemistry – II* Engineering Mechanics (For non-circuit branches)
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