marketing and distributing company under the name “Chevron”‚ but maintains its Caltex brand. Philippine National Oil Company (PNOC)‚ a state-owned company‚ and Saudi Aramco jointly own Petron; each with a 40 percent stake while the public holds the remaining 20 percent share. Petron operates an 180‚000 bbl/d refinery and over 1‚200 gasoline stations nationwide; Pilipinas Shell has a 110‚000 bbl/d refinery and about 800 gasoline stations; and Caltex/Chevron has 2 import terminals‚ and around 850 retail
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ExxonMobil is the largest publicly traded oil and gas producing company. ExxonMobil does business in 200 countries world-wide (1). Some countries are designated for exploring gas and petroleum‚ and some are designated for manufacturing chemicals‚ lubricants‚ and market fuels (1). ExxonMobil ’s world-class petroleum portfolio gives access to proven reserves of 21.9 billion oil-equivalent barrels of oil and gas‚ which is the highest in the industry (1). The company ’s discovered resources consist
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Their relationship can be separated into 3 phases: political actions from 1959 to 1995‚ economic communication between 1996 and 2005 while some “conflicts” and cooperation after the 2005. Just as I mentioned above‚ after the US firm Chevron‚ Asian nations built more strong ties with Sudan especially China. And by that time‚ China was active in the world oil import market and eager to secure overseas supplies (Alsir‚ 2013). So before the independence of South Sudan‚ the CNPC share a large
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What makes John D. Rockefeller an effective leader? In his decades of business‚ one of the key characteristics that propelled Rockefeller to success was his strong leadership abilities. It wasn ’t his status‚ nor his age that made Rockefeller a great leader. Instead‚ it was his influence. People around him wanted to follow him; they were inspired by him to do more than they ever thought they were capable of. It was his ability to create a strong sense of teamwork and his own energy and passion
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Short History of the Specialist Rank By CSM Dan Elder When Washington assumed the role as Commander in Chief of the fledgling Continental Army in 1775‚ it had adopted the British model of organization. There were basically four enlisted grades‚ sergeants‚ corporal‚ musicians and privates. The musicians were fifers and drummers‚ who of course directed the linear movements of the Army. If the sergeants‚ corporals and privates were the combatants‚ it could be a stretch to argue that those musicians
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Vertical Relationships and Competition in Retail Gasoline Markets: Empirical Evidence from Contract Changes in Southern California By JUSTINE S. HASTINGS* Since the late 1990’s‚ West Coast cities have consistently experienced substantially higher retail gasoline prices than other regions of the country. For example‚ for the rst week of August 1999‚ the price of reformulated gasoline in California was 39.6 cents higher than the average price in Gulf Coast States (about 10 cents of this difference
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The establishment of the new Corps allowed for the Hospital stewards to wear full sized chevrons that were similar NCOs worn throughout the Army. Their chevrons distinguished the stewards from the rest of the NCOs‚ which included a red cross in the center. Acting Hospital stewards wore the same chevrons except for the stripe on the top‚ and privates of the hospital corps wore the “White armband with a Red Cross.” 1 March 1887 is considered the
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A beautiful country filled with a variety of creatures‚ Ecuador lies on the northwest boarder of South America. The climate there is humid‚ a suitable environment for the thriving animal population and the plethora of trees which cover the tropical floor of the Andes mountains. There is one animal‚ the glass frog‚ that is native to this country and has a unique physical characteristic. Glass frogs have made their home in the forests of Ecuador and Peru and feature a translucent underside which
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1. Executive Summary In this paper‚ I will examine the case study of Unocal using four key different perspectives of ethics. Unocal was an American oil and gas conglomerate that was subject to class action suits for alleged human rights violations in Myanmar. These suits were filed at both the US federal and California state courts. Throughout the paper‚ I will provide clear and concise definitions to key terms in the area of ethics as it pertains to the Unocal case study. These will be based
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US E&P benchmark study June 2012 Table of contents Study overview 1 Industry backdrop and study highlights 3 Capital expenditures 4 Revenues and results of operations 5 Oil reserves 6 Gas reserves 7 Performance measures Proved reserve acquisition costs‚ finding and development costs and reserve replacement costs 9 Production replacement rates 10 Production costs 11 Company statistics 12 Peer groups 24 Ernst
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