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Oil and gas are important to every aspect of our economy, yet the oil and gas industry is distinguished by its combination of increasing demands and decreasing discovery volumes--and it is an industry shrouded in an environment of extremely volatile pricing. Although the profits enjoyed by the oil and gas industry are enormous, the industry remains one of the most capital-intensive in a world where rising expenses continue to threaten to squeeze profit margins. Geopolitics may continue to be the most important variable in maintaining existing assets and in successfully achieving new discoveries and carrying out their subsequent development. But finding new oil and gas reserves is becoming more challenging and the places where hydrocarbons are being found are more remote. Thus technology advances are also a key variable to enable exploration, drilling and development to become economically feasible in some of these more difficult operating environments. For the last century oil and gas additions have exceeded demand but has this industry now reached a "peak oil" situation? Some experts argue we are on the cusp of maximum oil production while others suggest we are still about a decade away. Natural gas demand however, is rising at a slightly faster rate than oil. Natural gas may be the immediate replacement fuel for oil as a source of clean and efficient electric power generation. Three out of the top ten Fortune 500 companies were oil/gas companies in 2011. This short introduction to the oil and gas industry will focus on history, operations, major companies, outside market forces, regulation and the current challenges the industry faces. Such factors as finite natural resources, the environment, economics, geopolitics, and technology will all come into play in the narrative. The book will demonstrate how the leaders of this industry, former champions of progress, are now coming under scrutiny and being depicted as the biggest culprits of environmental degradation. Yet the industry is likely to continue to grow until some form of alternate fuels is developed. The oil and gas industry will continue to have an enormous impact on life on the planet.
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We know that the people of Mesopotamia were using crude oil as a tar for building ships and houses as early as 3000 BC, so it is not by any means a new industry-but it is a volatile one. Oil and gas are important to every aspect of our economy yet this industry is distinguished by its combination of increasing demands and decreasing discovery volumes-and it is an industry shrouded in an environment of extremely volatile pricing. This book is a vital introduction to the oil and gas industry that focuses on history, operations, major companies, outside market forces, regulation, and the current challenges the industry faces. Such factors as finite natural resources, the environment, economics, geopolitics, and technology are also analyzed in detail. The focus on oil and gas is likely to continue to grow until efficient, environmentally safe alternate fuels become available. And because it's woven with complex relationships that are ever changing, this book is the best tool to have for a better understanding of this industry.
The Canadian Almanac & Directory contains sixteen directories in one – giving you all the facts and figures you will ever need about Canada. No other single source provides users with the quality and depth of up-to-date information for all types of research. This national directory and guide gives you access to statistics, images and over 100,000 names and addresses for everything from Airlines to Zoos–updated every year. Each section is a directory in itself, providing robust information on business and finance, communications, government, associations, arts and culture (museums, zoos, libraries, etc.), health, transportation, law, education, and more. Government information includes federal, provincial and territorial–and includes an easy-to-use quick index to find key information. A separate municipal government section includes every municipality in Canada, with full profiles of Canada's largest urban centers. A complete legal directory lists judges and judicial officials, court locations and law firms across the country. A wealth of general information, The Canadian Almanac & Directory also includes national statistics on population, employment, imports and exports, and more. National awards and honors are presented, along with forms of address, Commonwealth information and full color photos of Canadian symbols. Postal information, weights, measures, distances and other useful charts are also incorporated. Complete almanac information includes perpetual calendars, five-year holiday planners and astronomical information. Published continuously for over 160 years, The Canadian Almanac & Directory is the best single reference source for business executives, managers and assistants; government and public affairs executives; lawyers; marketing, sales and advertising executives; researchers, editors and journalists, and is a must for all Canadian libraries and universities