Statoil ASA is a Norwegian Renewable Energy, Oil and Gas company, where the government of Norway is the main shareholder with 67 % of the shares. Statoil was established as a wholly state-owned company on 14th of July in 1972, and it was ranked as the 13th biggest Oil and Gas Company in the world by Fortune Magazine. Statoil is today a considerable international company, with 22.000 employees in 36 countries all over the world and it is Europe’s second largest natural gas supplier. The company manages the whole value chain from exploration and development of oil and gas fields to operations of production platforms and retailing of oil and gas products. Statoil By making plans like this, Statoil builds a large knowledge platform of the local conditions, business culture, environmental and ethical risks and other external factors.
Technological: Statoil focuses a lot on how they can reduce CO2 emissions. Wind power is one of Statoil's main areas to get a "greener" world. Off the coast of Norfolk, England, located offshore wind farm Sheringham Shoal. Statoil is also a member of the consortium” Forewind” who has the rights to develop offshore wind farms in the Dogger Bank beyond Yorkshire. Here, the total production would be able to cover 10% of all energy consumption in the UK. Statoil’s goal is to become an important supplier of sustainable biofuels production and trade with the world, and to be ahead in the retail markets. Statoil started selling biofuels already in 1999, and today Sweden, Denmark, Norway, Estonia, Latvia, Lithuania and Poland all are selling biofuels at more than 1300 stations. Biofuels represent the greatest opportunity for reducing CO2 emissions from the transport sector in the near future. Biofuel can be easily integrated into existing infrastructure of the petroleum fuel, which makes the introduction of this fuel easier. The most common biofuels, ethanol and biodiesel can be blended into the existing fuel and used in existing vehicles.
Statoil sustainability principles for biofuels: | We aim to be familiar with the origin of our biofuels
Running head: Statoil Sustainability Statoil’s Sustainability Related Activities [Name of the Instructor] [Name of the Institution] [Date] Table of Contents Introduction 1 Description of the Organization 1 Impact of Statoil activities of the environment 3 Importance of Statoil acting in a Responsible Manner 4 Alternative Energy 5 Acting in Accordance with Laws 5 Water Management 6 Sustainable Shipping Strategy 7 Stopping Spills 8 Biodiversity 8 Natural Gas 9…
FEBRUARY 2013 HR COMMUNICATIONS VOLUME 01 ISSUE 01 In this Issue: 1. Employees and their Rights Quote of the Issue: The toughest thing about success is that you've got to keep on being a success. Talent is only a starting point in business. You've got to keep working that talent. - Irving Berlin Demographic factors 2. Cash registers replaced with Ipad’s Technological Factors 3. Convenient stores and plastic bag ban Environmental Factors 4. People Afraid Of Discrimination…
private companies extract oil, which then led to majority shares in joint ventures and the operating agreements. The world’s largest reserves of heavy oil are located in the Orinoco Oil Belt. The joint ventures include Exxon Mobil, Chevron Texaco, Statoil, Conoco Phillips, and BP. Together they share a 60% stake (at minimum) no matter what other foreign investors try to pay. They want to control the prices of oil and gas and by doing this and banding together, they have to power and ability to do so…
from its productions can be found in a wide set of everyday products, from diapers, food packaging and house wares to cars and trucks, pipes and power cables. When it was formed in Denmark in 1994 as a joint venture between two Nordic oil companies (Statoil of Norway and Neste of Finland), it inherited most of its processes, systems and people from the various subsidiary companies. Nonetheless, to the new management team, it felt like in the new company a break with the past was not only seen as desirable…
Energy security Overview ENERGY SECURITY Why is energy security a problem for the world? Energy supply, demand and security Investigate the different types of energy, classification and their impacts. What is the distribution of energy resources? What are the trends in global energy and demand? Why is energy security rising? The impacts of energy insecurity What are the developments in energy infrastructure? What are the tensions, costs and conflicts of energy insecurity…
A MERGERMARKET REPORT ON GLOBAL M&A ACTIVITY MONTHLY M&A INSIDER NOVEMBER 2014 INSIDE: GLOBAL OVERVIEW LATIN AMERICA NORTH AMERICA ASIA-PACIFIC EUROPE MIDDLE EAST & AFRICA ABOUT MERRILL CORPORATION & MERRILL DATASITE MERRILL CORPORATION CONTACTS Monthly M&A Insider | November GLOBAL OVERVIEW The value of global M&A deals through the end of October has surpassed aggregate 2013 numbers, further illustrating a trend that has been apparent all of 2014. Indeed, deal sizes have skyrocketed…
