Group. Formed by Chevron Corporation and Texaco‚ Inc. in 1936‚ the company refines‚ produces and markets a wide array of petroleum and convenience products. Caltex Petroleum holds equity interests in 14 fuel refineries‚ 17 lubricant blending plants‚ six grease plants‚ two lubricant refineries‚ and 526 ocean depots and terminals. In addition to its thousands of branded retail outlets and gas stations‚ Caltex also provides fueling services at 38 airports and 103 saltwater ports in 22 countries around
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prices. The indicator amounts to $53.43 per share compared to $21.27 during the same period in 2007. Weaknesses: Launch of controversial business with the Baku-Tbilisi-Ceyhan pipeline; Increase in petrol prices in the UK; Explosion of BP refinery in Texas that caused 100 injuries and 15 deaths in 2005; Criminal charges due to the spread of 270.000 gallons of crude oil in the Alaskan tundra in 2006; Toxic spill of 2‚000 gallons of methanol in the oil field (Prudhoe Bay) managed by BP
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consumption of gasoline and high speed diesel thus accounts for about 67 percent of the total petroleum products consumption in Thailand. The wholesale prices of gasoline and high speed diesel have the same following structure wholesale price = ex-refinery price +
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bribes would be. Even though playing it straight would likely take several months and possibly years before the government authorizations could be obtained‚ it is still the best‚ and most ethical‚ option in the long run for the company since his refinery will be still able to eventually flourish and be successful. If he were to bribe the government officials or hire the consultant he would be putting his company and reputation on the line. If either of those plans were to fail‚ he would be exposed
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City refinery resulted in one of the most serious workplace accidents in the US. An investigation by The US Chemical Safety and Hazard Investigation Board (CSB) uncovered many safety lapses at the Texas City refinery. BP was accused of endangering its workers by compromising on process safety due to its high emphasis on cost cutting. The Texas accident was not the only safety lapse at BP. In March 2006‚ a large oil spill was discovered due to a corroded pipeline at BP’s Prudhoe Bay refinery in Alaska
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Rosneft Oil Company Introduction: Rosneft is one of the world’s largest petroleum companies and it’s the leader of Russia’s petroleum business. Rosneft actions contain hydrocarbon examination and construction‚ hydrocarbon refining‚ upstream offshore projects‚ and crude oil‚ gas and product marketing in Russia and many other countries. Rosneft Company is a leader in the development of extraordinary quality reconstruction and innovational modifications in the petroleum trade of Russia. Rosneft
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STUDY ON OIL REFINING AND OIL MARKETS Prepared for: EUROPEAN COMMISSION Prepared by: . Buenos Aires – Calgary – Dubai – Houston London – Los Angeles – Moscow – Singapore January 2008 L2293/mg Table of Contents -- i TABLE OF CONTENTS I. II INTRODUCTION ..............................................................................................................................1 EXECUTIVE SUMMARY ........................................................................
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CHEVRON THE WORST POLLUTER OF ALL TIME TABLE OF CONTENTS Executive Summary……………………………………………………………………………1 Introduction…………………………………………………………………………………...…2 Literature Review…………………………………………………………………………….…4 Study……………………………………………………………………………………………..6 Methodology……………………………………………………………………………………13 Analysis…………………………………………………………………………………………14 Conclusions/Recommendations……………………………………………………………..16 References……………………………………………………………………………………..17 |Page EXECUTIVE SUMMARY The environment
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gasoline is in automobiles and light trucks. Fuel produced all year round‚ and is delivered from oil refineries through pipelines to a massive distribution chain serving 167‚000 retail stations throughout the United States ("EIA Brochures"‚ 2004). Refineries produce millions of barrels of gas a day; but not all barrels of gas are delivered to retail stations. Cost of crude oil to refiners‚ refinery- processing costs‚ marketing and distribution costs‚ and finally the retail station costs and taxes
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10857257‚ 10967443‚ 10853278‚ 10893814 Three refineries with capacities of 6‚ 5 and 8 million gallons respectively‚ supply three distribution areas with daily demands of 4‚ 8 and 7 million gallons respectively. Gasoline is transported to the three distribution areas through a network of pipelines. The transportation cost is 10 cents per 1000 gallons per pipeline mile. The table below gives the mileage between the refineries and the distribution areas. Refinery 1 is not connected to distribution center
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