Chart 4. is a graph that shows 7 foreign and domestic oil refining companies's Financial Leverage percentage.
Royal dutch shell and Chevron show more attractive ratios than other companies.
Financial Leverage percentage is related to ROE and ROA, so the graph’s shape is so similar. BP shows very high percentages for 3 years, but it keeps decreasing. And that difference is getting bigger and
1. INTRODUCTION TO THE INDUSTRY
Oil refining business began commercial operation of its 1st oil refinery. It has expanded facilities on two occasions, and today, oil refining business is a refining capacity of almost 580,000 barrels/day and keeping pace with such achievements, the common oil refining business operates light oil desulfurizing facilities and gasoline manufacturing facilities. Oil
PETROLEUM REFINING
PETROLEUM REFINING IS THE PHYSICAL, THERMAL AND CHEMICAL SEPARATION OF CRUDE OIL INTO ITS MAJOR DISTILLATION FRACTIONS WHICH ARE THEN FURTHER PROCESSED THROUGH A SERIES OF SEPARATION AND CONVERSION STEPS INTO FINISHED PETROLEUM PRODUCTS.
ISSUES OF THE INDUSTRY
OIL PRICE INCREASED RAPIDLY
-> DID NOT REFLECT THIS PRICE
TO THE PRODUCTS
EXCHANGE RATE ALSO WENT
Why we selected these firms
The largest airline of South Korea
Among the top 20 airlines in the world airlines in terms of passengers carried
The second largest airline of South Korea
The member of Star Alliance as a global airline company
Analysis of Airline Industry & Environment of year 2008
These have a significant effect on Airline Industry
Oil Price
Exchang
industries of Norway were fisheries, forestry and agriculture but Norway has transformed its economy over the past decades into a modern industry. Now the oil and gas, maritime and the seafood sectors are the most remarkable industries in Norway. Above these, the energy & environment, healthcare and green IT are emerging industries. From now on look at these three important industries in Norway a