Thursday, February 20, 2020
Management Investigation and report Essay Example | Topics and Well Written Essays - 2500 words
Management Investigation and report - Essay Example head-quarters only. At the end of the study, the project draws a conclusion on oil and gas companies and its response to the complex and urgent sustainability issues. This report will be a crucial one to understand the future energy supply-demand balance.The report is prepared on the basis of consumer view-point, the catastrophesââ¬â¢ caused and data analysis. Firstly, the project makes an analysis of the three companies holding the leading positions in the market. Following this the macroeconomic analysis has been provided which is a reflection of PESTEL. An analysis has also been done with regards to the present financial performance of the three companies. PESTEL demonstrates the political, economic, socio-cultural, technological, environmental and legal factors which influence the companies. Finally, an analysis of the internal strengths, weaknesses, threats and opportunities are some of the factors based on which the strategies have been recommended for the three companies. I ntroduction Oil and natural gas account for one of the major requirements in the daily lives of people. More than 60% of a nationââ¬â¢s energy is provided by natural gases and oil. ... Since 2005 February, the world supply of oil has been flat. There has been 1.4% increase in its production since December 2007 (Arup, ââ¬Å"Introductionâ⬠). Firstly the project analyses the position of the three leading oil and natural companies namely, Shell, BP, Exxon-Mobil. Firstly the macroeconomic analysis is done using PESTEL and then based on this analysis the respective strengths, weaknesses, opportunities and threats are determined. The three companies are analysed with respect to their financial performance and how the present global scenario has impacted that performance. Following from the research it aims to make a comparative analysis of the positions of the three companies in the market. About the Companies Exxon Mobil operates in about 41 countries and is one of the renowned Energy and Technology sources, striving to meet the increasing demand. The company claims, that it can opt for many challenges to meet the requirements of the evolving new supplies, intensif ying efficiency yet preserving the environment. Technology will play a critical role in meeting these challenges. The company keeps an eye of various magazines trend analysis thatââ¬â¢s required to figure out the global energy demand and supply in the future years. Also, it increases the global demand and supplies, keeping in mind the environmental hazards. Thus, by energy efficiency technique one can utilise the energy obtained and diminish the greenhouse gas emissions at a very manageable cost (Exxon Mobil, ââ¬Å"Energy & Technologyâ⬠). BP is operating in almost every continent, across 80 countries. It offers a variety of products and is best known for fuel and energy. The company boasts of building a hefty and robust
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