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Human Health Risks And Socio Economic Problems Associated...
2.2.4 ENVIRONMENTAL ISSUES, HUMAN HEALTH RISKS AND SOCIO-ECONOMIC PROBLEMS ASSOCIATED WITH PETROLEUM EXPLORATION AND PRODUCTION ACTIVITIES Petroleum E P Activities are characterized by all forms of environmental impacts at different levels of its operations ranging from exploration, development and production, transportation and distribution, marketing, decommissioning and rehabilitation. At the exploration phase, there are the disturbances of forest and ground surface from related activities such as site clearance, construction of roads, tank farms, brine pits and pipelines and other land modifications necessary for the drilling of exploration and production wells and construction of production facilities (Kharaka and Dorsey 2005). According to Christen (2004) some of the environmental problems associated with petroleum E P activities include oil spills, gas flaring and venting, discharges of petroleum derived chemicals wastes, contamination of controlled water sources, contamination of soil and sediments, the destruction of the farmland and the marine environment. The major environmental issues arose primarily from the improper disposal of large volumes of petroleum derived hazardous waste streams, such as oil and toxic sludge (Eweje, 2006 and Aniefiok et al 2013), equipment failure, oil spills/operational discharges and sabotage of petroleum facilities (Asthana and Asthane 2003). All these have grave effects on all aspects of the environmental media, creating lots ofShow MoreRelatedDifferent Definitions Of Key Terms1220 Words à |à 5 Pagescontains substantial quantities of nitrogen, sulphur, and oxygen together with smaller amounts of nickel, vanadium, and numerous components. Oil compounds can occur in solid form as asphalt, liquid form as crude oil and/or gaseous form as natural gas. Petroleum hydrocarbons could be divided into four classes: saturates (pentane, hexadecane, octacosane, cyclohexane), aromatics (naphthalene, phenanthrene, benzene, pyrene), asphaltenes (phenols, fatty acids, ketones, esters, and porphyrins), and resins (pyridinesRead MoreQuestions On Oil And Gas Management32 23 Words à |à 13 Pagestools like PESTEL, SWOT and Michael Porterââ¬â¢s five forces which looks at the competitive landscape of the company compared to the rest of the companies in the same field of oil exploration and production. The analysis was conducted for Tullow Oil PLC which is Africaââ¬â¢s leading independent oil company, through an exploration-led growth strategy with focus in Africa and Atlantic margins. (udvot-d. 2013) The company was chosen because it is one of the FTSE100 largest UK-listed companies by market capitalizationRead MoreImplication of Oil and Gas Investment in Ghana15418 Words à |à 62 Pagesimportance of oil and gas investment as the main subject of this project work. The background and history of this project are followed by the subject, providing an introduction to the main theme of this work. The problems for discussion are further presented in order to illustrate the main problems of this study. 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Human beings hold an important and unique position in the nature due to the exceptional ability to influence the environment. â⬠¢ Importance of Environment Environment plays an important role in all aspects of life as living beings depend largely on environment. The components like air, water, soil, food etc. that are necessary for survival are provided by the environment. Therefore, all the major development activities of living organisms like survival, reproductionRead MorePower and Energy Crisis of Bangladesh13714 Words à |à 55 Pagesbeen seen that we are facing various types of problems and shortages in the power and energy sector of our country. It has also been predicted that sometime in the near future all the natural resource of the country might as well be exhausted. In this paper we have tried to present a current scenario of the power and energy sector of the country and also tried to project some future figures. We have also tried to provide some solutions to some keys problems that are faced in these sectors. ElectricityRead MoreOil and Gas Law.11022 Words à |à 45 Pagesexporter in the organization of petroleum exporting country. Oil is a major source of energy in Nigeria and the world in general. Oil being the mainstay of the Nigerian economy plays a vital role in shaping the economic and political destiny of the country. Although Nigeriaââ¬â¢s oil industry was founded at the beginning of the century, it was not until the end of the Nigeria civil war (1967 - 1970) that the oil industry began to play a prominent role in the economic life of the country. Nigeria canRead MoreAN EMPIRICAL ANALYSIS OF ENVIRONMENTAL IMPACT OF FOREIGN DIRECT INVESTMENT IN THE MINING SECTOR IN NIGERIA15805 Words à |à 64 PagesONE INTRODUCTION 1.0 Background of the Study In the last two decades, foreign direct investment (FDI) flows have grown rapidly all over the world. This is because many developing countries see FDI as an important element in their strategy for economic development (Ayanwale, 2007). Mergers and acquisitions including private- to-private transactions as well as acquisitions through privatization, which increased significantly in developing countries became an increasingly important vehicle for FDIRead MoreReport on Oil and Gas Industry in Pakistan81517 Words à |à 327 Pagesand Freight Canadian International Development Agency Cost, Insurance, and Freight Central Inspectorate of Mines Compressed Natural Gas Cost of Service Directorate General Gas Directorate General Oil Directorate General Petroleum Concession Dead Weight Tons Exploration and Production Environmental Impact Assessment Environmental Protection Agency Federally Administered Tribal Areas Fuel Oil Freight on Board Fauji Oil Terminal Company Former Soviet Union Gas D evelopment Surcharge iii GoP GPARead MoreSustainability Royal Dutch Shell Essay6614 Words à |à 27 Pages1975). Sustainability in business terms has several definitions. According to the Financial Times (2013), business sustainability is managing the triple bottom line which is a process whereby companies manage their financial, social and environmental risks. Alternatively, it can be defined as a business that can represent resiliency over a period of time and survive shocks because it is related to healthy economy, social and environmental systems. Other definitions relates to sustainability being the
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