Sustainable Energy Development, Transportation and Gas Flaring in the Research Paper

Sustainable Energy Development, Transportation and Gas Flaring in the Niger Delta, Nigeria - Research Paper Example This research will begin with the statement that Nigeria is ranked among the top 10 countries globally with the largest deposits of natural gas. However, much of this gas is flared off, and the volume of the gas flared in a single day is more than the combined energy needs of entire sub-Saharan Africa. This phenomenon has resulted in socioeconomic losses and health problems to the Niger- Delta region, its people and entire Nigeria. Estimates from the World Bank reveal that each year, Nigeria burns natural gas amounting to more than 100 billion cubic meters. Although the world is shifting towards green technologies, there is still a high need for natural gas both for domestic and industrial use. In addition, energy prices are escalating every now and then indicating a global energy shortage. The burning of gas is, therefore, a colossal waste of resources, and especially, in Nigeria where there are huge energy shortages. The main types of energy that Nigeria develops both for its local and export markets are gas oil and gas. Estimates by the US United States Energy Information Administration (EIA) suggest that Nigeria’s oil reserves are about 16-22 billion barrels (3.5Ãâ€"109 m3) but other sources suggest a higher figure of 35.3 billion barrels (5.61Ãâ€"109 m3). These oil reserves make Nigeria the 10th largest petroleum-rich country and the leading in Africa. This oil is located in 159 oil fields and 1481 wells are already in operation. The most productive oil producing region in Nigeria is the southern region or the Niger Delta, specifically the Niger Delta basin. Khan states that this region has 78 of the 159 oil fields.

To What Extent Does a Director's Duty Under Section 175 Companies Act Essay

To What Extent Does a Director's Duty Under Section 175 Companies Act 2006 Continue Post-Resignation - Essay Example The Company Act 2006 brought up a statutory code of general duties of directors; this introduction was appearing in the UK’s Company law for the first time. The main purpose of this legislation was to enhance the general understanding of the legal duties of directors. The duties of the directors established in the Act are based on certain equitable principles and common law rules. The interpretation of the statutory duties in the future is required to be according to the development of those principles of case law.2 The director’s duties are not owed to the shareholders but rather to the company. The Act stipulates the duty of each director to include: a duty to foster company’s success as the director deems it in good faith; a duty for the director to avoid any conflicts of interest; a duty of non-acceptance of benefits such as secret commissions and bribes; a duty to act within the terms of powers granted under the constitution of the company; a duty to exercis e reasonable diligence, skill, and care; a duty to declare any interests in the company’s transactions; and a duty to effect independent judgment.3 . In addition, the Act incorporates expressly long-standing equitable doctrines in order to provide remedies for director’s breach of duties, as noted for example in the case of Boardman v Phipps.4 Of most interest in this discussion is section 175 of Companies Act 2006. In reference to section 175 Companies Act 2006, this discussion will consider the extent to which a director’s duty will continue post-resignation. In particular, section 175 of the Companies Act 2006 deals with the director’s duties concerning conflict of interest (actual and potential). The main rationale of this provision is to codify the subsisting principles of case law and to develop parallel principles to the existing ones. Section 175 (1) state that a company director must avoid situations in which he has, or can have, conflicts of int erest either directly or indirectly, or this interest and that of the company may conflict. Section 175 (2) provides that the duty to avoid conflicts of interest applies particularly to the exploitation of any opportunity, information, or property.5 However, section 175(3) provides that this duty shall not apply to conflicts of interest arising from an arrangement or transaction with the company. Additionally, section 175(4) states that this duty will not be considered infringed if: the directors have authorised the matter or the circumstances cannot be reasonable considered as giving rise to conflicts of interest. In section 175(5), the Act provides that the directors may give the authorisation in the following situations: where the company is a public constitution and the provision enabling authorisation by the directors is contained in its constitution, or where the company is a private company and its constitution does not validate authorisation of matter. Besides, section 175(6 ) states that authorisation can be effective if: agreement to the matter was made without voting or its agreement could have

Psychology of Personality Personal Statement Example | Topics and Well Written Essays - 1250 words

Psychology of Personality - Personal Statement Example I can be quite flexible and adapt to demanding environments, which I feel is necessary to be successful in life. I am also quite open-minded and accommodative of suggestions. However, I strongly depend on my convictions to make decisions. Although I am strongly driven by logic, I can be instinctive at times. I am moderately interested towards intellectual pursuits, but quite inquisitive and fairly creative. I also exhibit empathy whenever necessary, and place emphasis on human values and the simple joys of life. According to Sigmund Freud's theory of personality, our actions and thoughts are influenced by three components of out mind called the ego, super ego and Id. The ego is responsible for thinking logically and making decisions by analyzing the practical implications of our actions. The Id drives basic urges of pleasure and is far from logic, while the super ego does the exact opposite of curbing desire by considering moral values. When the ego fails to come up a logical explanation, our defense mechanism unconsciously tries to distort reality to escape the situation. When I have to make a tough decision in my life, I often realize this conflict in my mind between my conscience, basic urges and logic. I try my best to be logical, but tend to be influenced a lot by my conscience and instincts. I have also realized that I use humor as a defense mechanism in a vulnerable conversation. Freud's theory of awareness tells us that the three levels of awareness are conscious, preconscious and subconscious minds. The conscious is something that is always on our mind, while the preconscious includes things that are in the back of our mind. However, most of actions are triggered by something called the subconscious which is completely out of our control. I often feel guilty when I make bad decisions and blame myself for not making the proper choice. Learning about this theory has ridden me of the guilt of making such decisions which are very much out of my control. I often used get disappointed when people did not meet my expectations. However, I realized after sometime that this was a result of me setting standards and expectations for other people. Realizing this has been a liberating experience and I have learnt to accept people for what they are and this has freed from disappointments. Freud explains this phenomenon by his theory of transference. According to this theory, we transfer our perceptions of one person to another. We tend to create images of person by relating them to other people's characteristics and this leads to the formation of stereotypes (Changing Minds). People are obviously not the same, and hence transferring expectations often ends in disappointment. The sooner we learn this, the better. B.F. Skinner's theory of reinforcement implies that human behavior is based on the resulting consequences. Hence, a behavior that results in positive consequences will be repeated and vice-versa. This essentially means that behavior can be trained offering appropriate rewards and punishments. For instance, I do not spend time worrying about past unfortunate events since it only causes depression. Hence, the punishment of depression forces me not to worry about unhappy incidents. A behavior that brings no significant consequences will fade away with time. However, the theory of reinforcement is a functional one; rewards and punis

Promotional marketing portfolio that include examples of promotional Coursework

Promotional marketing portfolio that include examples of promotional activity in your chosen sector - Coursework Example While evaluating the promotion activities of the three brands of chocolate under perspective in this study, it is important to consider their quality, price, market coverage and standard features so that their competitive advantages are in alignment. The information reported ion this portfolio was collected by consulting with a wide range of sources such as magazines where the chocolates are promoted, the social media, billboards, analysis of the market and prices in the stores to identify price variation over a period of time. Discounts are used to promote chocolates by diversifying the prices and products so as to enable them reach as many people as possible. This is done by differentiating brands and prices among milk chocolate bar, crispy white chocolate bar, crispy crunch bars, darkly divine plain chocolate, double milk chocolate and divine mini eggs. Divine chocolate promotes its products through Joint partnership with other companies such as Sainsbury and Christian Aid supporters. Many stores stocked their chocolates after partnership as they were able to make nationwide supplies. The UK market is served by their retail stores and outlets such as Christian Aid, Comic Relief and The Body Shop. This opened a wide coverage for divine chocolate as it offered a new and fairer product than what most people were used to. Promotion of Divine chocolate is done through offering free samples for people to taste them before making their choices. Samples are offered in stores, malls and in the supermarkets where people frequent a lot so as to attract a huge traffic of people. Sampling and tasting is very effective is ensuring increased sales. Divine chocolate provide fair chocolate which is environment friendly compared to other chocolates in the market. These appeal to majority of people who are interested in ethically products and green

EC Enforcement Procedures Essay Example | Topics and Well Written Essays - 2250 words

EC Enforcement Procedures - Essay Example Directive 2008/999/EC issued by the Council is regulated by Article 249 of the Treaty Establishing the European Community. The manner in which Article 249 applies to Directives is contained in the following excerpt from Article 249: Article 249 is similarly applicable to Council decisions with the result that the Council’s Directive and decision under Article 226 are both bindings on the UK and Germany. Failure to comply with the instructions to implement the Directive into local law by the time stipulated for doing so constitutes an infringement capable of invoking Article 228’s judicial process for the implementation of sanctions. Likewise, a failure to comply with the Council’s opinion under Article 226 automatically invokes Article 228’s judicial proceedings for the implementation of sanctions.5 Cumulatively, Articles 211 and Article 249 not only ensures that EC laws are adapted and applied throughout the EC Community but also imposes upon the Commission a residual duty to ensure that EC laws are implemented by the Member States. In the Commission of the European Communities v French Republic Case C-177/04 a scenario arose similar in nature to the one involving Germany and the UK. In this case, France had implemented an EC Directive on damages for product liability but had failed to reflect the actual extent of damages prescribed by the Directive. The Commission invoked Article 226 of the EC Treaty and issued a reasoned opinion in which it found that France had not fulfilled its Treaty obligations and required that it do so.  Ã‚     

The final project Research Paper Example | Topics and Well Written Essays - 1250 words

The final project - Research Paper Example Precisely, behavioral aspect of budgeting is summarized as participation, budget slack, politics, group effects, motivation and feedback. Financial accountants, economists as well as financial analyst are all involved in the process of developing a budget (Deegan & Unerman, 2006). A budgeting design where by the people involved are active members of the business or organization is known as participative budgeting. This kind of budgetary design ends up creating budget that is more realistic and adoptable. It pulls up employees’ morale and it cats a gauge for their effort in the growth and development of the business and or organization (Shah, 2007). As opposed to top-down budget that is generally imposed on employees by the executive directors and managers, participative budgeting takes into account the opinions and contributions of others. However, if the budget design is purely participative then the resulting budget may not put into consideration some of the high level strategic plans. If an organization has to use participative budgeting design them the top management must serve other people involved in the process with write-ups indicative expected outcome of the budgeting process. In literature, the models of budgetary participation between superiors and subordinates have been identified, with emphasis on who has the greater influence on the budget outcome. (Brown et al., 2013; Brink et al., 2012; Chong, K., & Chong, M., 2002; Chenhall, 1986; Wentzel, 2002; Lindquist, 1995). While Brown et al. (2013). developed a subordinate and superior-set theory, Brink et al. (2012) made their division based on the roles superiors play in the budgetary process namely active or passive players. This subdivision alludes to the principle that budget outcomes are being determined by the interaction between superiors and subordinate. In Brown et al. (2013) subordinate set theory and Brink et al. (2012) committed

Division of Nursing and Health Management Essay

Division of Nursing and Health Management - Essay Example The patient is suffering from an associated nonallergic rhinitis where infection and underlying sinusitis are important causes. The rhinitis may also be associated with his use of antihypertensive agents as prescribed medications. Sinusitis or inflammation of the mucus-lined cavities of the nose occurs in high proportion of cases of upper respiratory infections. The congested turbinates have most probably blocked the openings of the sinuses, so the initial infection has changed into an acute suppurative process causing purulent discharge. Chronic inflammation of the nasal passages due to environmental exposure is an important cause, and in the management and patient education, this must be adequately attended to. The other issue to be included in the management is counteraction of the pathophysiologic process. Running et al. (2006) indicated that acute sinusitis occurs with infection of the paranasal sinuses. It is known that the most frequent initiating event is upper respiratory in fection. Inflammatory nasal congestion, edema, and transudation of fluid would lead to obstruction of the sinus cavities. These serve as excellent media for bacterial growth, and several common bacteria have been identified to cause such infections. The important issue in care management would be teaching patient self-care. ... Thus tonsillar inflammation and pharyngeal inflammation are normal to encounter (Rosenfeld et al., 2007). The tonsillar involvement is limited to inflammation, and the absence of exudates indicates absence of infection. The patient is suffering from an associated nonallergic rhinitis where infection and underlying sinusitis are important causes. The rhinitis may also be associated with his use of antihypertensive agents as prescribed medications. Sinusitis or inflammation of the mucus lined cavities of the nose occurs in high proportion of cases of upper respiratory infections. The congested turbinates have most probably blocked the openings of the sinuses, so the initial infection has changed into an acute suppurative process causing purulent discharge. Chronic inflammation of the nasal passages due to environmental exposure is an important cause, and in the management and patient education, this must be adequately attended to. The other issue to be included in the management is counteraction of the pathophysiologic process. Running et al. (2006) indicated that acute sinusitis occurs with infection of the paranasal sinuses. It is known that the most frequent initiating event is upper respiratory in fection. Inflammatory nasal congestion, edema, and transudation of fluid would lead to obstruction of the sinus cavities. These serve as excellent media for bacterial growth, and several common bacteria have been identified to cause such infections. The important issue in care management would be teaching patient self care. The instructions would involve methods which may promote drainage of the sinuses with the use of steam bath, increasing intake of fluid, and applying hot wet packs over the areas of involved sinuses. The patient uses over