Explore BrainMass
Share

Explore BrainMass

    Major Environmental Changes

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    What are two major environmental changes that you expect to have an impact on Oil and gas companies over the next 5-10 years?

    © BrainMass Inc. brainmass.com October 10, 2019, 12:37 am ad1c9bdddf
    https://brainmass.com/business/business-management/major-environmental-changes-299057

    Solution Preview

    Hello,

    Please find below my solution to assist you in responding to your homework.

    Thank you for patronizing BrainMass.

    Sincerely yours,
    Your OTA

    According to Austin and Sauer (2002), the two major environmental issues facing the oil industry are: (1) pending climate policies and (2) constrained access to oil and gas reserves. These challenges can affect the oil companies' asset values, operating costs, shareholder value and sales.
    In a speech that Vaughn from Shell Co. on the "Environmental Challenges Facing the Oil Industry", he has expressed that government policies and strategies have been created on how to conserve the environment. The potential for oil and gas operations to affect the environment can be assessed depending on the kind of operations, environment, and circumstances as potential impact will depend on its ...

    Solution Summary

    Two major environmental changes that can impact oil and gas companies in the next 5-10 years. References are included.

    $2.19