1. We recognized a pre-tax charge of $40.9 billion in 2010 and a pre-tax credit of $3.7 billion in 2011 as a result of the Incident. The total amounts that will ultimately be paid by BP in relation to all obligations relating to the Incident are subject to significant uncertainty and the ultimate exposure and cost to BP will be dependent on many factors. Furthermore‚ the amount of claims that become payable by BP‚ the amount of fines ultimately levied on BP (including any potential determination
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Warren Buffett Professional Career: Warren Edward Buffett is an American Investor‚ Business Magnate and Philanthropist. He is widely considered as the most successful Investor of the 20th century. Buffett is the primary Shareholder‚ Chairman and CEO of BERKSHIRE HATHAWAY and consistently ranked among the world?s wealthiest people. He was ranked as the World?s Wealthiest Person in 2008 and as the 3rd Wealthiest Person in 2011.In 2012‚ American magazine TIME named Buffett as one of the
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The Constitution nowhere contains an express injunction to preserve the boundaries of the three broad powers it grants‚ nor does it expressly enjoin maintenance of a system of checks and balances. Yet‚ it does grant to three separate branches the powers to legislate‚ to execute‚ and to adjudicate‚ and it provides throughout the document the means by which each of the branches could resist the blandishments and incursions of the others. The Framers drew up our basic charter against a background rich
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CGE526 – PETROLEUM GEOLOGY Geology Geology is basically the science which is related to the study of the origin of the Earth including the history and its life‚ the materials that made it up‚ the structure of the materials and the processes acted upon them. It also deals with the study of the organisms that have inhabited the planet and the structure of a specific region of the Earth involving the rocks‚ soils‚ mountains‚ fossils and other features. The word geology was first known used in
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SEPERATION OF A MIXTURE Purpose: The purpose of this lab is to find out how components of a mixture can be separated and analyzed. Procedure: The procedure for this lab report is as follows: 1. Mixture is taken‚ and has to be measured in order to meet the requirements of 2-3g. 2. The mass of the tray is measured and then the scale is zeroed out and the mixture is added to find out the mass of the original mixture. 3. Next‚ find the mass of the 250mL beaker‚ zero out the scale
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15C-1 The Lease Pumper’s Handbook Chapter 15 Enhancing Oil Recovery Section C SECONDARY RECOVERY C-1. Secondary Recovery. In simple terms‚ secondary recovery is the addition of basic water flood or gas flood (i.e.‚ pressure maintenance) as a continuous force. Secondary recovery methods should be introduced very early in the life of a field while the income and profits from the wells are high enough to pay for the additional equipment and installation costs. As noted in the following sections‚ there
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Master of Business Administration Topic-The Indian Petroleum Industry International Business & Trade Operations Management Module BM6913 Module Leader-Enda Murphy Paul Taffee Submitted by-Charles Daniel-17387781 Abhishek Pathy-1716093 Sarthak Das-1749108 Introduction to the Petroleum Industry. The petroleum industry includes the processes of refining‚ extraction‚ refining‚ transporting (often by the oil tankers and pipelines)‚ and marketing them. The larges t volume
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Russia faces today with petroleum. The petroleum industry that Russia inherited from the Soviet Union has helped keep Russia afloat. However‚ the over reliance on the petroleum industry also makes Russia very susceptible to the economic downturns and keeps Russia from growing in other sectors. During the recent recession‚ Russia was one of the countries that were hardest hit. This is due to the fact that thirty percent of Russia’s Gross Domestic Product (GDP) comes from petroleum revenues and forty
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2. Introduction BP is one of the largest multinational corporations in the world. According to CNN (2011)‚ BP is the fourth largest multinational corporation in the world and employs over 80‚000 people and making annual revenue of $392 Billion. BP has massive influence on the global economic climate and has the operation capacity to affect stakeholders. This essay will analyse BP’S current stance using Porters five forces. It will also establish who are the most important stakeholders and suggest
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Ryerson University | ExxonMobil and The Chad/Cameroon Pipeline: Case Analysis | By: Nirpaal Saggu | Professor: Jian GuanSection: GMS802-021 | Student ID: 500332344 | 8/3/2013 | | The case titled “ExxonMobil and the Chad/Cameroon Pipeline”‚ examines two large oil businesses merging together to finish an immense development project which spanned for approximately 25 to 30 years. In 1998‚ both Exxon and Mobil both respectively saw great success as major companies at the time with each
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