CSR strategy in the oil and gas industry Term Paper

CSR strategy in the oil and gas industry - Term Paper Example Presently, most of the oil drilling companies have set shop in hostile waters, deeper in the sea, which has resulted in numerous achievements over time in the industry. Petroleum is a crucial element to the economy with numerous applications across all industries, and it is, therefore, critical to maintain the supply to drive the global economy. Apart from driving the global economy, the industry provides employment opportunities to thousands of worker around the world. In the United States, the industry provides employment to about 9 million people, which accounts for 5% of the country’s total employment. In addition, oil and gas industry tops the list of revenue generation through taxation, and its contribution to the national economy was over $1 trillion in 2007, about 7.5% of the US gross domestic product (COGA, n.d.). Among the key players in the oil and gas industry in the US include Exxon Mobil Corporation, British Petroleum, Chevron Corporation, Total, and Royal Dutch Shell among others. This Corporation was formed in 1999 following a merger between Exxon and Mobil, to form the largest company in the world (Corporate Watch, n.d.). The merger was aimed at consolidating the economic position of both companies in the oil and gas industry, and enhances the company’s ability to remain an effective competitor in a highly volatile global economy. The Exxon Mobil Corporations net worth is over $264 billion, which makes it the largest in the oil and gas industry (BERA, 2010). Individual companies allied to the merger have been actively involved in heavy exploration and development around the world, with drilling expeditions in the Middle East, Gulf of Mexico, Asia and Africa. The company specializes in the extraction, manufacture and marketing of petroleum and other petroleum products. The corporation holds a sizeable deal of resources that aid in the refining and marketing of its products, with affiliated companies

Gay Marriage Essay Example | Topics and Well Written Essays - 1000 words

Gay Marriage - Essay Example The ban on gay marriage is not different from preventing women from voting or denying African-American’s access to public places. One of the most potential arguments for gay marriage is that it enhances the marriage rate. Since 1991, there was a sharp decline in marriage rates world wide. In some countries, the marriage rates were down over 20%. This declining marriage rate clearly reflected deterioration in social as well as cultural values since premarital sexuality and sexual promiscuity were the root causes of the decrease in marriage rates. In addition, this worse condition also persisted to be a threat to the existence of family relationships. However, a steep rise in marriage rate is observed as the gay marriage was legalized. For instance, 4000 couples married in San Francisco in just one month when the city legally validated same sex marriages. While comparing with the marriage statistical data of many other countries, it is evident that gay marriage boosts marriage r ates. There were 12,348 same sex marriages registered in Canada from June 2003 (date of same sex marriage legalization in Ontario, a province of Canada) to October 2006 (‘Re-opening the debate’). Similarly, divorce rates have increasingly risen for the last two decades. As specified in the ‘Gay Marriage Facts & Statistics Tips, United States statistics show that 60% of all opposite sex marriages ended in divorce during the first decade and the figure rose to 80% in the first 20 years. Although, government and religious institutions have taken initiatives towards the safety of family relationships, the divorce rate still continues to be unsatisfactory. At this time, the family bonds of same sex couples... The researcher of this essay states that since 2001, ten countries and a number of jurisdictions have legally approved same-sex marriage and they consider it as a matter of civil, moral, social, political, and religious issue. Despite the legal validity of the gay marriage, limited rights are granted to gay marriage as compared to heterosexual marriage. In fact, the same sex marriage does not hurt the institution of marriages because homosexuals enjoy a pleasure that is obtainable from a traditional marriage. Obviously, romance is the most profound feeling that determines the intensity of relationship especially between adolescents. To be more specific, the different choices in romantic relationships have a profound influence on their aspirations. Each and every individual has the basic human right to express themselves without depending on the approval of any authority. While prohibiting same sex marriage, this condition questions the personal integrity of homosexuals and hence this governmental act do separates the gay people from the mainstream of the society. In total, the ban on gay marriage is a clear case of gender based discrimination, which will have far reaching consequences in the society. In fact, sexual outlook and individual choices are the key factors that determine the agreement or conflicts between partners. In conclusion, the researcher mentions that same sex does not inevitably ensure same gender, for example if the individuals involved maintain opposite gender desires.