Bahrain Petroleum Company Bapco Commerce Essay

Bahrain Petroleum Company Bapco Commerce Essay The company has a massive capacity of up to 250,000 barrel of refinery per day. Not only is the gigantic storage capacity of more than 14 million barrels available with the company. Not only that the company owns a marine terminal for marketing and sales of its petroleum products. The new areas of oil and gas reserves are monitored and it is calculated that if the reserves is good enough for exploration that is if the output will exceed the cost that might be input on it. Thus there is a continuous search of oil fields that can help the company to increase its output and sales. Drilling and Production: BAPCO uses advanced drilling techniques and methods to pull out the maximum oil output from its reserves. The company is also working hard to foster more gas as per the rising demand of gas around the world for the vehicle operations. The following diagram shows how the drilling process. Company output: BAPCO has the largest refinery in the Middle East. Its refinery gives an output of 250,000 barrels of crude oil per day. The company gets 1/6th of its crude oil output from Bahrain and the rest from the Saudi Arabia through a fixed pipeline which is 27 kms on land and the other 27kms under the sea. The following diagram shows the refining process. Marketing by BAPCO: As stated earlier only 5% of the BAPCO output is sold in the domestic market and the rest 95% is exported to other countries of the world. These include the countries in the Middle East, Far East, South East Asia and India. BAPCO also sells aviation fuel to Bahrain International Airport through its affiliate. The company holds 60% of the shareholding in BAFCO or Bahrain Aviation Fuelling Company. Purpose, Mission, Vision and Value statement of BAPCO: Purpose of the BAPCO includes collaboration and growth in its field of business that is petroleum and related industries. The company aims at maximizing its contribution to the national income of Bahrain by earning more foreign currency and bringing full employment to its own country citizens. Mission of the company is to create value for money for its customers in the domestic and international market by improving its present operation and quality of integrated oil and gas business. Vision of the company is to achieve excellence in its field and push back its competitors. Values of the company include the innovation, integrity, teamwork, respect and personal accountability to its customers and the kingdom of Bahrain. Sustainability Report: Sustainability report contains the information about the economic health of the company, its working internal and external environment, social and legal position of the company. Mostly the sustainability report can be found out in the operations part of the financial report of the company. In this article we will take a look at the financial report of the company in year 2010. The sustainability report of BAPCO can be figured out as follows. Economic factors. The economic factors of the company signify the development and progress of the company in the coming years. The key figures of the company economic factors include the followings. The company refinery processed 265,200 barrels per day of crude oil, which is highest ever production by the company. A new plant of the refinery worth US$151 million is inaugurated in 2010. The company has issued a number of plans which are discussed and planned to be followed in the coming years. Thus the company has a lot more to develop growth plans which are expected to come in action in following years. Environment. The environment of the company is conducive for making expansion and progress of the company in the coming years. The features of the company environment are as follows. In the challenging environment of global slowdown the company has achieved a satisfactory gross refinery margin of US$ 6.87 per barrel. The sale of 85.6 million barrel of refined oil was sold in 36 countries in the fiscal year of 2010. The company started its export to Singapore and Egypt in May. It consisted the first consignment of 62,000 tonnes of ultra low sulphur gas oil or ULSD. Thus with the global slowdown around the world, the company is still expanding its operations and earning good profits from the foreign market. Social activities. The social activities of the company include the development of awareness of key issues related to the environment, health and safety of the employees in the company premises. For this purpose the following steps are taken. An annual EHS day is celebrated by the company. In year 2010, the day was celebrated by 20,000 employees of the company with their families. The 404 Bahraini university and collegeà ¢Ã¢â€š ¬Ã¢â€ž ¢s student got on the job industrial training at BAPCO in 2010. A new scheme has been introduced by BAPCO, which consisted of awarding bursaries to cover the higher education fees of nearly 400 children of company employees studying in local universities and colleges. The company also supported the studentà ¢Ã¢â€š ¬Ã¢â€ž ¢s enrollment in Jaz Bahrain wherein the youth is equipped with the personal and professional life skills. Thus with the improvement in the economic conditions on the target, the company also indulges in various social activities for the development and growth of its employees as well. Employees support. The employees support means the company employees participation in various activities initiated by the company to bring a sense of belongingness among the employees and their families. For this purpose the following steps are taken by the company in year 2010. Nearly 2,256 employees of BAPCO are given access to the training and development programs of the company. An agreement was reached between the employees and the managers of the BAPCO trade union on a performance based bonus delivering schemes. This bonus amount has been increased up to two months salary in 2010. To help the employees get ease of mind from work during the break, a park namely Princess Sabeeka Park has been developed in the BAPCO premises, where the employees of the company can come and relax. Thus the employees are also make participated in the various company extracurricular activities. Local and Overseas Communities. Local and Overseas communities sees BAPCO with respect and attempts are made by the company itself to get popular in the local and overseas communities. A major review of the corporate strategies has been developed which is entrusted with the task of reviewing the future path of development and growth of the company in the local and overseas areas. The company officially organized the Bahrain International Air show in year 2010. The company has contributed a total sum of US $ 2 million to more than 200 organizations inside and outside the country for financing the social support programs started by various government and nonprofit organizations. Safety records. A number of safety regulations has been followed by the company in the workplace. Due to this reason the company has been appreciated with the following awards. BAPCO was awarded The Emirates Energy Award in Dubai for following health and safety measures in the organization work area. Det Norske Veritas certified BAPCO as the best company for following the occupational health and safety assessment series standard or OHSAS. BAPCO passed ISO 14001 certification without any problem. Thus by getting the above mentioned certificates the company confirms to the have followed all the requirements of health and safety in the organization. Government compliances. BAPCO has been following all the resolutions passed by the government agencies in Bahrain. A number of resolutions have been passed in Bahrain to safeguard the health and safety of workers in factory. The security legislations and regulations consist of long list of set of rules and regulations that are required to be followed by the employer and the employee both. The latest resolutions passed and followed by BAPCO include the followings. Resolution number 3 of year 2005, which concerns the environmental requirements and standards in the work place. It basically consists of the lighting arrangements, safety from machines, proper risk assessment and education to the employees about safeguard measures. Municipal by law number 1 of 2005 concerned organizing of working hours at the work place in a residential area which can prove harmful to the life of the workforce and people living around. Thus by limiting the work place and hours near the risky machinery would not only make the work force cautious but ensure their safety for longer period. Occupational safety and health decree number 2 of 1994 helped in the accession of the state of Bahrain to Arab labor conventions number 7 of 1977 which ensures employee safety at the work place. Comments of Board of Directors on Sustainability report: The Board of Directors on Sustainability report confirms the followings. The growth and expansion plans working well in motion and on the right track. The company is fully indulging itself in social welfare practices by giving millions in donations. The social conditions of the company are healthy and employeeà ¢Ã¢â€š ¬Ã¢â€ž ¢s interest has been taken care of. The company has followed all government compliances. The economic condition of the company and the environment of the company was conducive in giving the company new opportunities around the globe. Financial outlook based on sustainability report: The financial of the sustainability report are as follows. The company is earning good profits in the present fiscal year. The company is opening new refineries by investing millions of dollars as part of its expansion plans. The employees are feeling financial secure by working with the company. The growth prospects are rising and the company is getting more business in Asia and Africa, specifically Singapore and Egypt. Conclusion: In the end, the company has been on the right track by taking care of the human resource as well as the economic environment of the company. This is helping the company to grow and prosper and formulate the development plans which will help the customer base expansion in other countries.

Hamlet: A Tool of a Higher Power Essay -- Shakespeare Hamlet Essays

Hamlet: A Tool of a Higher Power Throughout Shakespeare's Hamlet, it seems that a higher spiritual power is influencing the events taking place in the state of Denmark. A ghost of the recently deceased King Hamlet appears to Young Hamlet telling him of his "most foul and most unnatural murder" (1.5.30). This begins a chain of events leading up to the martyrdom of Hamlet, and the spiritual cleansing of the throne of Denmark. Firstly, Hamlet sees the evil and contemptible state of life in Denmark. Gertrude, Hamlet's mother and the Queen of Denmark, marries his Uncle soon after the death of his father. ". . .The funeral baked meats did coldly furnish forth the marriage tables" (1.2.189-90). Depressed, and most likely confused, Hamlet speaks his first soliloquy in the play, else named 'the dram of evil' speech, ". . . Frailty, thy name is woman!— A little month, or ere those shoes were old With which she followed my poor father's body Like Niobe, all tears—why she, even she married with my uncle . . . With such dexterity to incestuous sheets! It is not, nor it can not come to good." (1.2.152-158,163-4). In addition, Hamlet sees the corruption in Denmark when the ghost of his recently deceased father appears to him. The ghost claims that... ...een dies from drinking Hamlet's poisoned drink, and when Hamlet realized he is not going to live to see another day, he kills the King, thus taking his revenge. Fortinbras, the Prince of Norway, takes over the throne, while Horatio (Hamlet's one true friend) tells the story of the awful, evil deeds done in the state of Denmark. Furthermore, the deaths of the nobility of Denmark act as a sort of 'spiritual cleansing', meaning that all the wrong-doing had been revenged and paid for by the deeds at the end of the play. All the evil, and the foul doings of Denmark had been absolved by the deaths of the main characters. Hamlet is also considered a martyr because he was a good person who died, so that he could, in essence, cause the purification that returned the natural order of things in the state of Denmark.

“Bartleby the Scrivener” by Herman Melville

This short story entitled â€Å"Bartleby the Scrivener† by Herman Melville gave as an idea about the several interesting characters with many poles apart personalities. But the one that was caught our attention was Bartleby. This man was a scrivener, which, in simple words, was a human description of a modern day copy machine. He did his job exceptionally well; he never stopped working, and got things done rapidly and proficiently. But, Bartleby was a man of one phrase: â€Å"I would not prefer to†. He said this as a reply to everything that was requested of him other than to copy documents.Well in fact, he absolutely refused what his boss asked him to do. This confused the reader about Bartleby. But, Melville, never seemed to present an answer to this mystery. Another thing that caught my attention was that he never said â€Å"I will not. †, but â€Å"I prefer not. † This implied us that the individual he was talking to has a choice as to what Bartleby wo uld or wouldn’t do, but in such a way, it was explained that he puzzled the narrator’s feelings, and for a long period of time, it caused him to accept the statement as a â€Å"no†.I concluded this as one of the weaknesses of the narrator as a business owner, but at the same time made me thought what was Bartleby’s reason for responding in such a way. I also found out very interesting about him was his living habits. He decided to stay at the office which he didn’t even bother to ask the permission of his boss (the narrator). He washed, slept, and worked in that place also. He refused (or stated that he would â€Å"prefer not†) to adjust his living arrangements.The narrator transferred his business because Bartleby didn’t want to vacate the place after the new occupant arrived. The narrator understood him but in the end Bartleby was put into prison because of him also. To cut the story short, Bartleby died at the prison. The narrator had an investigation and discovered that his last job caused him some mental affliction and psychological disturbance. In my own point of view, I think if the narrator learned about the real situation of Bartleby as early as possible, he would treat him with compassion and understanding.The reason of Bartleby by telling â€Å"I prefer not to,† â€Å"I prefer not to,† was to isolate his self among the rest and his lack of interest for involvement. The narrator explained in the passage below how he treated Bartleby, â€Å"I placed his desk close up to a small side window in that part of the room, a window which originally had afforded a lateral view of certain grimy backyards, and bricks, but which, owning to in subsequent erections, commanded at present, no view at all, though it gave some light.Within three feet of the panes was a wall, and the light came down from far above between two lofty buildings, as from a very small opening in a dome. Still further to satisfac tory arrangement, I procured a green folding screen, which might entirely isolate Bartleby from my sight, though, not remove him from my voice. † The narrator, himself, had separated and secluded Bartleby from the real world. In my opinion, what the narrator did wasn’t able to help Bartleby overcome his trauma from his last work.It only added to the emotional problems that he hid from the start. He used to tell the word â€Å"I prefer not to† because he thought that he couldn’t do anything aside from his work and he didn’t even bother to mingle with other people because he considered himself unacceptable to whatever or whoever. For me, Bartleby didn’t want to isolate himself from other, in such a way that they couldn’t understand him, but the truth was the people that surrounded him, did the isolation.Because of that, he developed negative impressions toward himself and others. As I analyzed this short story, I came up with the judgmen t that isolation was risky. It can drive an individual to insanity, make him speechless, or even kill his own self. The lesson was not to allow your own self to be overcomed by prejudices and discrimination, and let yourself be isolated. â€Å"Bartleby the Scrivener† by Herman Melville This short story entitled â€Å"Bartleby the Scrivener† by Herman Melville gave as an idea about the several interesting characters with many poles apart personalities. But the one that was caught our attention was Bartleby. This man was a scrivener, which, in simple words, was a human description of a modern day copy machine. He did his job exceptionally well; he never stopped working, and got things done rapidly and proficiently. But, Bartleby was a man of one phrase: â€Å"I would not prefer to†. He said this as a reply to everything that was requested of him other than to copy documents.Well in fact, he absolutely refused what his boss asked him to do. This confused the reader about Bartleby. But, Melville, never seemed to present an answer to this mystery. Another thing that caught my attention was that he never said â€Å"I will not. †, but â€Å"I prefer not. † This implied us that the individual he was talking to has a choice as to what Bartleby wo uld or wouldn’t do, but in such a way, it was explained that he puzzled the narrator’s feelings, and for a long period of time, it caused him to accept the statement as a â€Å"no†.I concluded this as one of the weaknesses of the narrator as a business owner, but at the same time made me thought what was Bartleby’s reason for responding in such a way. I also found out very interesting about him was his living habits. He decided to stay at the office which he didn’t even bother to ask the permission of his boss (the narrator). He washed, slept, and worked in that place also. He refused (or stated that he would â€Å"prefer not†) to adjust his living arrangements.The narrator transferred his business because Bartleby didn’t want to vacate the place after the new occupant arrived. The narrator understood him but in the end Bartleby was put into prison because of him also. To cut the story short, Bartleby died at the prison. The narrator had an investigation and discovered that his last job caused him some mental affliction and psychological disturbance. In my own point of view, I think if the narrator learned about the real situation of Bartleby as early as possible, he would treat him with compassion and understanding.The reason of Bartleby by telling â€Å"I prefer not to,† â€Å"I prefer not to,† was to isolate his self among the rest and his lack of interest for involvement. The narrator explained in the passage below how he treated Bartleby, â€Å"I placed his desk close up to a small side window in that part of the room, a window which originally had afforded a lateral view of certain grimy backyards, and bricks, but which, owning to in subsequent erections, commanded at present, no view at all, though it gave some light.Within three feet of the panes was a wall, and the light came down from far above between two lofty buildings, as from a very small opening in a dome. Still further to satisfac tory arrangement, I procured a green folding screen, which might entirely isolate Bartleby from my sight, though, not remove him from my voice. † The narrator, himself, had separated and secluded Bartleby from the real world. In my opinion, what the narrator did wasn’t able to help Bartleby overcome his trauma from his last work.It only added to the emotional problems that he hid from the start. He used to tell the word â€Å"I prefer not to† because he thought that he couldn’t do anything aside from his work and he didn’t even bother to mingle with other people because he considered himself unacceptable to whatever or whoever. For me, Bartleby didn’t want to isolate himself from other, in such a way that they couldn’t understand him, but the truth was the people that surrounded him, did the isolation.Because of that, he developed negative impressions toward himself and others. As I analyzed this short story, I came up with the judgmen t that isolation was risky. It can drive an individual to insanity, make him speechless, or even kill his own self. The lesson was not to allow your own self to be overcomed by prejudices and discrimination, and let yourself be isolated.

Motivation Techniques Used By Managers - 1091 Words

Motivation is used by managers in companies to encourage its employees to perform to the best of their abilities. The motivation techniques used in the first summer are quite different than those of the second. The workers were motivated in the first summer due to the Expectancy Theory as well as the Four-Drive Theory. In the first summer, workers quite enjoyed working for Joe and put great effort and time into landscaping customers’ yards. The â€Å"E-to-P expectancy† (McShane, Steen Tasa, 2014, p.119) is used by Joe. This expectancy is based on the workers’ belief that he/she can successfully complete the task required. In the first summer, Joe taught all new workers how to use the lawn equipment and was present at the job site aiding†¦show more content†¦This means, motivation techniques based on human need of emotion, bonding, and learning. â€Å"Drive to Bond† (McShane, Steen Tasa, 2014, p.116) is one out of the four theories Joe used in the first summer. The theory states that the forming of social relationships with coworkers as well as with the manager increases motivation within the company. It is clearly shown in the case that the workers all have a well established relationship with each other. They are able to communicate with each other to disting uish tasks, as well as eat and make jokes together during lunch and/or brakes. This desire to bond and create groups motivates workers to cooperate and feel confident in the environment in which they work. Another upside to the bond the workers have is that their joking and talking does not interfere with their work. The working habits and atmosphere in the second summer were quite different from the first. The new supervisors needed better motivation techniques to encourage the workers to perform well. First and foremost, it is clear the new supervisors do not have sufficient leading skills. They lacked communication with the employees and seemed to flaunt their authority. The supervisors needed to improve their â€Å"Drive to comprehend† (McShane, Steen Tasa, 2014, p.116-117). This drive enables the worker to fully understand what is happening in the environment around them. Most of the time, the new employees were forced to