Thursday, September 26, 2019

Nitrogen Oxide as an Environmental Pollution Essay

Nitrogen Oxide as an Environmental Pollution - Essay Example with the first section covers the common nitrogen oxides, followed by the sources and potential sinks in the environment, then the chemical behaviour of these oxides, the impacts on human and ecosystem, and finally the prevention and control of these pollutants. Nitrogen oxides mainly consist of nitrogen and oxygen, and the most common nitrogen oxides are nitric oxide (NO) and nitrogen dioxide (NO2) (Farmer 2013, p.26; Harrison 2001, p.179). Notably, nitrous oxide and nitrogen dioxide are emitted when nitrogen reacts with oxygen in the air during combustion at high temperatures and this shows that the amount of nitrogen oxides produced depends on temperature of combustion. Another nitrogen oxide is nitrous oxide (N2O) which is a greenhouse gas that has a greater impact on climate change. Nitric oxide is a colourless gas with a sharp and sweet smell, but nitrogen dioxide is a colourless gas with a strong, harsh odour. Of the nitrogen oxides emitted, nitric oxides forms the larger part, followed by nitrous oxide then nitrogen dioxide which is produced in low amounts, and also it is important to note that both nitric oxide and nitrogen dioxides does not have prolonged lifespan in the atmosphere as compared to nitrous oxide. Nitrogen oxides are produced naturally but they are as well produced by various human activities including agricultural activities, transportation and industrial processes and many others. In nature, nitrogen oxides are produced because of bacterial processes, biological growth and decay, forest fires (Lippmann 2009, p.823), volcano, and lightening among others (Hill 2010, p.128). Thunderstorms lead to the production of nitric oxide as a result of high heat of lightening released in the process of breaking down nitrogen molecules. On the other hand, burning of fossil fuels is considered the primary source of nitrogen oxides as part of human activities. Transportation fuels when burned produce nitrous oxide and mostly, motor vehicles and trucks

Discuss critically the main successes and failures of Tony Blair's New Essay - 1

Discuss critically the main successes and failures of Tony Blair's New Labour governments 1997-2007 - Essay Example He advocated for equal rights and equal opportunities for the citizens enhancing cohesion in the respective states. He was recognized for his work by different politicians for instance Margaret Thatcher the first Prime Minister referred to him as a great inventor for the great impact he had made in the labour party. He brought out his issues in controversial basis. History recognizes him as the most radical and boldest leader in British politics. The essay discusses in details the main successes and failures of Tony Blair. Primarily Tony Blair achievements are evident especially in the Labour Party. He fought for the rights of the citizens especially on the basis of income and their working conditions. In the 1960s, the National Minimum wage was raised to ?5.52. This was because of the charismatic nature of Tony. He made sure that poverty levels reduced and the economic life sustained on prosperity basis. History recognizes him as a peacemaker for instance, he stopped the genocide th at was happening in Kosovo and also ended the violence that impacted negatively in Northern Ireland (Faucher & Le 2010, p. 10). His reforms brought a great impact in Britain. For instance, during his leadership as a prime minister the crime rates reduced by 32 per cent. In addition, the funding for the pupils in England doubled. Because of Tony Blair’s effort, Britain was modernized especially on the bases of economic development. During his leadership, economic growth was sustained for almost ten years. Different programmes came in to fund the economy of the country. All the expanding programmes were funded by the big corporation because of the stability of the government that was evident in the state. Taxes were distributed equally among the members of the community. Tony also facilitated the expansion of the public sector in comparison to the private sectors hence creating job opportunities in the government institutions. Different politicians came in to support the boomin g economy of Britain especially in the area of schools, public safety and hospitals. He embraced Margaret Thatcher’s idea of free market policies to enhance the development of the economy (Davis 2013, p. 26). He is also recognized for being able to keep peace especially in Northern Ireland. He advocated for a strong Europe economy. This is because he knew that, the economy was important to enhance the growth of the country. His introduction of the red tape procedures enhanced the administration of the economic sector. In 1999, he staged out a strategy on the international community doctrine, which happened in Chicago. In his strategy, Tony advocated for the development of the economy. He gave emphases on the development of public policies. Public policies were based on health care (Gauld 2009, p. 26). He advocated for the development of the society specifically on the economic bases. Different corporations supported the growth of the economy by investing directly to the econo my. Through the leadership of Tony, funds were allocated for the development of the economy. Because of his charismatic nature, they the funds were allocated in different projects for instance in the building of schools. The labour party under the leadership of Tony has had different achievements in different sectors of the economy. During his leadership the economy of the country improved by the sustaining low inflation on the part of the government (Page 2007, p. 120).

Wednesday, September 25, 2019

Survey about CWsandbox tool which used for dynamic malware analysis Research Paper

Survey about CWsandbox tool which used for dynamic malware analysis - Research Paper Example General Sandbox Architecture: A sandbox is deployed to secure a computer system from external attacks that are attempted through malware (malicious program). According to Hoopes (2009), the approaches used are either to block the critical accessibility of a malware or to introduce a simulated environment with completely virtual computing resources like CPU, file system and the memory. This virtual environment enables the program to get executed in a completely isolated environment which is disconnected from the real execution environment within which it resides. The main idea is to monitor the accessibility of program (under observation) to system resources. This way the system can be brought back into the safe state after complete behavioral analysis of the suspected program. The fringe benefit of this approach is the usage of a lighter security protocol for the underlying system that improves its working efficiency. The behavioral analysis keeps the execution environment intact. Th is gives it an edge over instruction level analysis (basically done using debuggers or dis-assemblers). CWSandbox architecture and functioning: CW sandbox is one the sandbox applications that are in use. Every sandbox application has its own mechanism to secure the computer system environment. CWSandbox comprise of two executable files namely cwsandbox.exe and cwmonitor.dll. The former is the central application that initiates the malware and manages the complete process of analysis. The latter on the other hand is a DLL (Dynamic Link Library). This library is introduced into all processes in the malware that are under observation. This way the malware is actually executed and being interacted by the sandbox along with its own execution. The function of the DLL file is to catch each API critical call from malware and to inform the central application (cwsandbox.exe) about it. The sandbox (main application) then takes some time to analyze the call in order to either delegate the cont rol to the required API (in case of safe conclusion) or to answer the call with a virtual error message (in opposite case). Along with the keeping an eye on every malware call, the DLL also makes it certain that the sandbox is kept informed about other malware activities like injecting a code into an already executing process or creating a child process. In both cases the DLL is instantiated again to be injected into the child process or the already running process. Figure 1.0 below, elaborates the described functioning. The CWSandbox uses the native execution environment unlike other sandbox schemes. This in turn reduces the delay caused by the analysis mechanism. Enormous communication exists between the main application (executable) and planted instances of DLLs. Each notification call from a DLL to sandbox contains a lot of information that requires a formal and reliable mechanism of communication between processes. In order to fulfill this requirement the sandbox is usually equ ipped with high efficiency IPC (Inter Process Communication) mechanism. Figure 1.0. Sandbox Instance using CWSandbox (Source: Hoopes J. 2009. Virtualization for Security) CWSandbox Malware Handling and Analysis Mechanism: The mechanisms that are performed by a sandbox can be distinguished into three parts. These parts may

Tuesday, September 24, 2019

Winchester Model 1873 carbine .44cal Research Paper

Winchester Model 1873 carbine .44cal - Research Paper Example The present paper will describe the features of the Winchester Rifle model 1873 carbine .44 caliber. It will refresh and rediscover how such rifle model had been historically found with the classification who, where and when it was originally made. Moreover, the present paper would like to dwell more on its functions and how it is intended to use for. In addition, this paper will evaluate its features and its historical background. The shape of the rifle model is medium. The physical of the .44 caliber rifle model is brown that is somehow rusty. The texture itself is solid, which is wood and steel part. Chicoine indicated some physical features the Winchester Rifle model 1873 carbine .44 caliber has which includes the tubelike magazine that is used for the barrel and an â€Å"ironframe† that is used as a casing for the bullets (16). The current condition of the said artifact rifle model 1873 is great, and it is still very effectively functional. The Winchester model rifle 1873 .44 caliber was made and advertised last 1878-1879 (Chicoine 16). This rifle is also intended for the purpose of one’s safety and defense protection (Schwing, â€Å"Winchester Pocket Guide† 19). The manufacturing techniques of the Winchester Model based on how it was made and designed with the emphasis on its â€Å"barrel, butt, and furniture† that it shaped its unique features with the use of iron that is said to be â€Å"ferrous† (Jack). It also has musket form in which its barrel is round-shaped (House). Henshaw clearly depicted the general features or materials that are used to made the Winchester model rifle 1873 .44 caliber (15). Accordingly, this includes its style, which was intended with the sporting rifle (24 inch, round, octagon) and with muskets that are angular or saber bayonet (15). In addition, its carbine measured at least 20-inch and is round with a musket that is

Monday, September 23, 2019

Virtual Letter Essay Example | Topics and Well Written Essays - 500 words

Virtual Letter - Essay Example When bringing you up I applied different theories and principles in order to make sure that you grow as a good person. My principle is to abide by the Christian teaching and refuse what is evil. According to social learning theory, by Bandura people learn behaviour whether good or bad from the people around them. I was much strict to make sure that you only learn the behaviour that is acceptable to the community and Christian teaching. When you were only 15 years, you wanted to go out with your boyfriend but I opposed. This is because it is not good to go out and have sex before marriage as it is forbidden by the society and Christian teachings. When I noticed that this could come as a result of peer pressure or learned from your friend, I had to forbid you from interacting with bad people. This made you to even avoid class discussion and interaction with other students in the schools. My parents used authoritarian parenting styles, and this has shaped my behaviour and enabled me to uphold religious and moral values. In order for you to grow up with moral and Christian values, I had to apply the same principles and parenting styles my parents used. In the process of growing, you adopted different behaviour. When you were two years as described by Erikson, you could trust the environment and people around you. When I left, you could cry and calm down after I left. This showed that you could trust me as well as the sitter. You could also feel guilty when you do something wrong that is the third stage of development as explained by Erikson. At age 15 you got a boyfriend, and you wanted to go out with him which is the six stage marked by development of isolation and intimacy. Your growth was well, and you passed through all developmental stages. In order to develop socialization, development and growth we should engage in social events like weddings, birthday parties and graduation parties among others. This will enhance our

Saturday, September 21, 2019

Magazine articles Essay Example for Free

Magazine articles Essay This paper summarizes two articles related to physics. One, written by Appell David, discussing the possibility of our planet Earth, being engulfed by sun, eventually. Second, is a news item, on the largest Neutrino Telescopic being built at the south Pole. Both articles have appeared in the magazine, ‘Science Daily’. In the first article, the writer claims that the scientific community believes that the sun is expanding making itself more brighter. After billions of years, it would expand so much that it would engulf earth. To be precise, â€Å"About 7. 6 billion years from now, the sun will reach its maximum size as a red giant: its surface will extend beyond Earth’s orbit today by 20 percent and will shine 3,000 times brighter. In its final stage, the sun will collapse into a white dwarf †. ( David Appell) This theory was disagreed on the basis that, as Sun expands, it will be loosing on its mass, and due that the gravitation force will also be reduced. Hence, as the gravitation force reduces, Earth will be drifting away from Sun, and hence, maybe able to escape the engulfment. However, recent calculations, based on the perturbation theory, released by Italy’s National Institute of Nuclear Physics, by Lorenzo Lorio, tend to agree with this theory. The factor that tends credibility to his argument is not his number game, but his statement that as Sun loses mass and expands, its rotation must also slow down. This is known as angular momentum, in simple terms. Due to this angular momentum, there will be a huge tidal bow on sun’s surface, and its gravitational pull will engulf Earth. Hence, all celestial bodies, within a distance of 1. 5 AU will be engulfed. This article throws a new light on our futuristic cosmic vision, using principle of physics, which quite old. Now, the concept of angular momentum, can be used to depict the future of celestial bodies also. This was not the case so far. The second article is a news report, on work being done University of Delaware, in the South pole, regarding erection of world’s largest neutrino telescope. Neutrino, is one of the fundamental constituents of matter, they have no charge and interact very weakly, so they can travel millions of miles through space. They can pass through planets also. The working principle of this telescope is radically different from the conventional ones. â€Å"consists of kilometer-long strings of 60 optical detectors frozen more than a mile deep in the Antarctic ice like beads on a necklace. Atop each string of deep detectors sits a pair of 600-gallon Ice-Top tanks, each containing two optical detectors†. (Science news) The ice-top detectors measure the particles that are generated by the high-energy cosmic rays that are continuously being showered from the cosmos, towards earth. Whenever a flash of light is detected, the nearby laboratory receives the communication, and its genesis is traced. This genesis could be way an exploding star or a the black hole. The learning derived from this news report is the drastic pace at which research methods are changing and being innovated upon. This new research method, of mounting a telescope beneath the ocean, may change the definition of telescope also, because, conventionally. , a telescope is a instrument on the surface of Earth, facing the skies !!! It also reminds us of the never ending human thirst for acquisition of knowledge, in all spheres, including the terrestrial space. To quench this thirst, he constantly keeps on deriving and experimenting with new means and methods. Renaissance, and the subsequent development of subordinate equipment systems, ahs changed the very way we live our lives !!! References: 1) Appell David, ( September 2008), â€Å" The sun will eventually engulf Earth-maybe†, retrieved on 11 December 2008 from : http://www. sciam. com/article. cfm? id=the-sun-will-eventually-engulf-earth- maybe 2) Science news, ( 11 December 2008) Building world’s largest Neutrino Telescope at South Pole, Science Daily, retrieved on 12 December 2008 from: http://www. sciencedaily. com/releases/2008/12/081209221746. htm

Friday, September 20, 2019

The Petronas Corporation Based In Malaysia Economics Essay

The Petronas Corporation Based In Malaysia Economics Essay Introduction The company of my choice is PETRONAS, the petroleum Multinational Corporation based in Malaysia. The paper will outlined the background of the company followed by identification of the actual and potential impacts of globalisation on the company. Recommendation of strategies which the company might use to respond to the impacts is covered in the last part of the paper. 1.0 Overview of PETRONAS Multinational enterprise is defined as a large company with substantial resources that perform various business activities through a network of subsidiaries and affiliated located in multiple countries. (Cavusgil, Knight Riesenberger, p.13). PETRONAS, the acronym for Petroliam Nasional Berhad is a petroleum multinational corporation headquartered in Kuala Lumpur, Malaysia which was incorporated on 17 August 1974 under the Companies Act, 1965. It is national oil company of Malaysia, vested with the entire ownership and control of the petroleum resources in the country (PETRONAS, 2010). Under the leadership of Tan Sri Hassan Marican, PETRONAS is transformed rapidly into a global company with oil explorations and business joint ventures with overseas partners. Over the years of effort, it has become a fully-integrated oil and gas corporation with operations in more than 30 countries worldwide and ranked among FORTUNE Global 500 ® largest corporations in the world (PETRONAS, 2010). 1.1 Integrated business of PETRONAS PETRONAS is fully integrated across the value chain from the upstream exploration, development, production, processing, and transportation and gas transmission to the marketing of liquefied natural gas and other petroleum products as shown in Figure 1.0. PETRONAS also involved in domestic refining, petrochemical manufacturing and marketing business, while managing a globally coordinated downstream operation designed to optimize product delivery to its customers through its marketing and trading operation (PETRONAS Capital, 2009). PETRONAS also engage in shipping, automotive engineering and property investment. Figure Integrated Business of PETRONAS Source: PETRONAS Annual Report 2010 1.2 Petroleum as the Core Business of PETRONAS Petroleum is the core business of PETRONAS because refined petroleum products account for 37% of the company total revenue amounting to RM80.7 billion (PETRONAS, 2010). Exports and domestic operation contributed 35% and 19.7% of PETRONASs total revenue respectively which bring positive balance of payments to Malaysia (PETRONAS, 2010). Thailand, Japan, Korea and Singapore has been the main crude oil export countries of Malaysia which account for 87% whereas over 40% of gas was exported to markets in Japan, Korea and Taiwan, most of the remainder used domestically for electricity generation (Malaysia Green Technology Corporation, 2010). Figure PETRONAS Composition Revenue 2010 Source: PETRONAS Annual Report 2010 The international operations are as important to PETRONAS which generated 45.3% (RM98.1 billion) of the company total revenue. PETRONASs production are mainly comes from Indonesia, Thailand, Myanmar, Vietnam, Chad, Egypt, Sudan, Mauritania, Iran, Pakistan and Turkmenistan. Africa remains to be the companys prominent operation region which contributed 57.7% of the company international production followed by South East Asia (25.1%) Oceania and Middle East Asia (17.2%). 1.3 Organisational Structure of PETRONAS Figure Organization structure of PETRONAS Source: PETRONAS Annual Report 2010 PETRONAS adopted a centralized functional organisation structure which the executive vice president (EVC) and vice presidents (VC) have to constantly report their performance to the CEO. Each VC or EVP from respective function are responsible to monitor and controlling the overseas operation with the aids of overseas joint venture companies or partners 2.0 External Analysis of PETRONAS 2.1 Political PETRONASS oil exploration often takes place in high political risk countries such as Sudan and Iraq with abundant resources of oil and natural gas. Sudan has been in political instability and having war for more than three-quarters of its existence due to the independence, protracted conflict rooted in deep cultural and religious differences which has slowed down country economical and political development (U.S. State Department, 2010). Recently, Sudans internal war evolved from the issue of exploring more oil region outside the territory because of depletion of the existing oil reserves. Despite political instability of Sudan could disrupt PETRONAS in oil exploration, the company had strengthened its politics affiliation through Malaysian Government to mitigate the effect. For example, PETRONAS is welcome by Sudan Government to pursue exploration and development works in its, Melut and Muglad Basins which has expanded in both the upstream and downstream sectors of the countrys oil and gas industry (PETRONAS, 2010). Besides, liberalize of countries trade policy is prominent to guarantee the profitability of PETRONASs overseas operation. In Malaysian, fewer tariffs are imposed on petroleum and gas product. PETRONAS is assigned to regulate the upstream activities in oil and gas as well as controlling the foreign investment of upstream petroleum and gas industry through the form of production-sharing contracts (PSCs), between foreign investors and PETRONAS. Likewise, South Africas government also developed their national oil and natural gas company, Petroleum Oil and Gas Corporation of South Africa (PetroSA) on managing and promoting the licensing of oil and gas exploration includes onshore and offshore exploration of the country. Thus, PETRONAS set its own oil refining and marketing presence in Africa through its 80% owned subsidiary, Engen Petroleum Limited ENGEN, a leading South African refining and marketing company. 2.2 Social Islam remain as the important role in shaping Malaysias position on many international issues especially those related to the Muslim world of which the Middle East is a part (Ruhanas Harun, 2009). Middle East and North Africa account for 60.4% of the world oil reserve which are the important for PETRONASs exploration and production. Thus, Malaysian government has been proactive to build up religious affiliation by developing membership of a worldwide Islam brotherhood. The action is paid off when Malaysia oil reserves have dwindled and few domestic opportunities exist to drill for new reserves, PETRONAS has successfully to expand its operations to Iraq and Sudan which are Islamic oriented developing countries. 2.3 Economic PETRONAS is the biggest contributor to the Malaysian government budget, accounting for 39.3% of the federal governments revenues in 2008, up from 36.4% in 2007 (CIA, 2010). According to Bank Negara, 26% of inward FDI of Malaysia was channelled into manufacturing oil and gas in 2008. With the financial support of PETRONAS, Malaysian Government has been subsidizing the local fuel prices since 2004 which is different from many countries whose followed the exact fuel prices regulated by global market price of gasoline (Bernama, 2010). The fuel price subsidies is intended to protect the local welfare of middle income household but it causes 5.0 to 44% of Malaysias fiscal deficit (JATRO). The activities of the state-owned PETRONAS influence the aggregate patterns, resulting in substantial investments in exploration and extraction in the oil and gas industry which is more towards the US, Canada and Australia as the recent rapid development of unconventional gas resources. 2.4 Technology Environment In Malaysia, domestic reservoirs are maturing due to the fact that Malaysian production is depleting since oils has been produced for hundred years. PETRONAS has been expanding overseas exploration and production of resources such as South Africa, Egypt and so on. Just like many other oil companies offshore rig has caused ecological imbalances such health and reproductive problems for surrounding marine life, destroys kelp beds, reefs and coastal wetlands, and exposes the wildlife to threats of oil spills (Greening Forward, 2008-2010). In such way, PETRONASs image is harm through the directly linkages to environments pollution. Company has been focusing on green technologies and developing in-house greening solutions. In particularly, the company has an ongoing research for strengthening PETRONAS ECOPLUSà ¢Ã¢â‚¬Å¾Ã‚ ¢ environmentally friendly, degradable polymer series (PETRONAS Annual Report). 3.0 Overview of Globalization According to Business Dictionary, globalisation implies opening out beyond local and nationalistic perspectives to a broader outlook of an interconnected and inter-dependent world with free transfer of capital, goods and services across national frontiers. As world economy globalizes the national economies integrate into the international through trade; foreign direct investment; short-term capital flows; international movement of workers and people in general and flows of technology (Najam, A., Runnalls, D. Halle, M). This has created opportunity to the rise of multinational like PETRONAS in developing country venturing to the petroleum industry that used to be the exclusivity of companies from developed countries such as Royal Dutch Shell from United Kingdom and Exxon Mobil from United States. With the globalisation effect, PETRONAS has been growing organically and through strategic partnerships, via joint ventures, mergers acquisitions and so on as catalysts for escalated performance (Dato Shamsul Azhar Abbas, 2010). PETRONAS is gaining more freedom either on exporting petroleum products or setting up oil refineries in worldwide. This enable the company to continue dominant its position in the international business environment by penetrating larger capital market that has lesser regulations on foreign direct investment. For instance, PETRONAS is included in The New Seven Sister ranking by Financial Times which considered as one of the most influential international oil and gas companies which controlled about one third of the of the worlds oil and gas production and reserves (Nicholas Vardys The Global Guru, 2010). However, globalisation is not a bonus giving for all companies but imposes certain opportunity cost to the companies operations. PETRONAS may enjoy of possessing diversified revenue base which generated from its overseas operations and marketing. At the same time, the company has the opportunity cost of facing unexpected problems of like changing economic, regulatory and political environments globally and regionally which would create a serious impact to the companys growth. The actual globalisation impact on PETRONAS will be political risk, global competition and global technology transfer. 3.10 Actual Globalisation Impact on PETRONAS 3.11 Political risk Political risks of operating countries remain as the fundamental globalisation impact of PETRONAS because 42.1% of the companys revenue derives from international operation in countries such as Iran, Myanmar, Cuba and Sudan in the fiscal years ended in 2009. PETRONAS strategy was to pick strongest partner in operating countries to minimise these risk. For instance, the company is in partnership with China National Oil Corp. and Sudans National Oil Company, Sudapet, while in Iran it has a tie-up with Frances TotalFinaElf, which has a strong relationship with the country (Leslie Lopez, 2003). 3.12 Global Competition Globalization makes it increasingly difficult for PETRONAS to rely only on national regulation to protect its local positions in oil and gas industry. PETRONAS is deemed to face intense competitions of its oil and gas and refining industries in both domestically and internationally. For instance, PETRONASs retail subsidiary company, PETRONAS Dagangan Sdn Bhd used to compete with its main competitor Royal Dutch Shell but now competing with other retail competitors like ESSO (Exxon Mobile subsidiary), Caltex and BHP (Boustead Petroleum Marketing Sdn Bhd). On the other hand, globalisation of liberalization enables oil firms to set up oil refinery in other countries which lead PETRONAS in a competition of oil exploration and production operations in Sudan. 3.13 Risk and Benefit of Technology Transfer As economies open up, more people become involved in the processes of knowledge integration and the deepening of non-market connections, including flows of information, culture, ideology and technology. New technologies move across boundaries quicker, by connecting workers and citizens across boundaries and oceans (e.g., the rise of global social movements as well as of outsourcing), but they can also threaten social and economic networks at the local level (Najam, A., Runnalls, D. Halle, M). Under the effect of globalization, technology transfer is performed from MNC home country to host countries. PETRONAS presence in Sudan has transferred its exploratory and production technology to expand upstream and downstream sectors of Sudanese oil and gas industry. This could have harmed PETRONAS in a sense that transferring its competitive advantage to Sudan because the nation can explore the countrys oil reserved through skills learned from PETRONAS. Nevertheless, PETRONAS also learn special technology skill through its overseas joint venture partners. PETRONAS learned appropriate petrochemical technology through its joint venture partners include The Dow Chemical Company (Dow Chemical), BASF Netherlands B.V. (BASF), BP Chemicals, Idemitsu Petrochemical Co. Ltd, Mitsubishi Corporation, and Sasol Polymers International Investments (Pty) Ltd, (Sasol Polymers) which possess financing capability, marketing and distribution expertise (PETRONAS Capital). 3.20 Potential Globalisation Impact on PETRONAS 3.21 Depletions of Natural Resources The rapid acceleration in global economic activity and our dramatically increased demands for critical, finite natural resources undermine our pursuit of continued economic prosperity (Najam, A., Runnalls, D. Halle, M.). Under the globalisation process, firms gain free access to exploit natural resources of one country to another without any restriction. Non renewable resources like petroleum and gas sooner will be depleted over the years through uncontrollable exploration and productions. These impose serious environmental cost as well as the influencing the future direction of oil and gas industry. Sustainability of PETRONAS and other petroleum companies is deemed to be affected as petroleum product is source of revenue of the industry. Therefore, finding replacement of these depleted resources through invention of new technology is crucial to sustain the companies the industry. 3.22 Changes in foreign environmental laws and regulation In order to protect the environments, some countries might enact additional environmental legislation and regulation regarding exploration and production of oil and gas, petroleum, petrochemical products and other activities. Environmental law and regulation would limit or prohibit the company on drilling activities within protected areas and certain other areas; and impose penalties for pollution resulting from oil, natural gas and petrochemical operations, including criminal and civil liabilities for serious pollution ( Green Forward, 2008-2010). These would incur significant unforeseen expenditures for PETRONAS to comply with such requirements, which could adversely affect on PETRONAS business, financial condition and results of operations in overseas. Therefore, PETRONAS is in disadvantage because of taking longer time to response the changes in foreign environment laws and regulation attributes to its centralised management structure which connected globally 3.23 Risk of Brain Drain During the year under review, the shortage of critical skills faced by the oil and gas industry represented the key people related challenge faced by PETRONAS (PETRONAS, 2010). With the globalisation effect, PETRONAS could have enjoyed the benefit of penetrating and extracting talents in different countries by setting up overseas operations. However, it put the company at risk of brain drain in worldwide operation. Brain drain is referring to the net loss of a countrys highly trained and skilled manpower through migration (WebFinance, 2010). This is because globalisation process improves the mobility of skilled labour to move around the world freely. This means workers are becoming active information seekers and concern about their benefits in the organisations. Conveniences of knowledge sharing like pay standards and job opportunity via Internet able to influence the workers decision on staying in the same organisations. If PETRONAS Malaysia unable to offered attractive incentive to motivate skilled workers, the company is likely to find very difficult to retain the higher skilled workers who attracted better remuneration and benefits from companies in developed countries such as UK, Middle East, and so on. 4.0 Recommendation http://www.franteractive.net/resources/Ansoff-Matrix.GIF Figure Ansoffs Matrix Strategy Source: http://www.franteractive.net/resources/Ansoff-Matrix.GIF 4.10 Diversify to innovative green technology In order to overcome the potential impact, PETRONAS should not over dependence on natural resource like oil and gas to sustain the company future. PETRONAS is recommended to acquire new market with new product line through diversification. The company could focus on developing green technology as the environment preservation is key concern of around the world. Thus, PETRONAS is recommended to develop alternative fuels such as converting plastic waste to fuels, wastewater to fuels and so on which are considered economical to consumers yet reducing the pollution and damages to environment. In Malaysia, PETRONAS should emphasize on recycle energy supply technology by turning garbage into energy because Malaysian produced 23000 tonnes of garbage each day. With this technology, PETRONAS could form partnership with local electricity producer, Tenaga Nasional Berhad (TNB) as a way to increase its competitive advantage of diversification in energy industry over other oils and gas competitors as well as improving the environment status in Malaysia. 4.20 Reposition PETRONASs image By addressing the environmental problem causing by exploration and production activities, PETRONAS has been investing on its corporate social responsibility (CSR) centred on enhancing the education and community programme in Malaysia and abroad. In Vietnam, PETRONAS contribution to the nations development through education was recognised through the Certificate of Merit in Education by the President and Deputy Prime Minister of Vietnam in 2010 (PETRONAS, 2010). But still there is a limitation of the companys CSR direction which should be refocuses on preserving the environments. Therefore, it is important for PETRONAS to reposition its image to be responsible and environmental concern oil and gas corporation. The company has to be alert of the changes foreign environmental laws and regulation as well as filling Environmental Assessment (EIA) before setting up exploration, production, refining and chemical projects in overseas. The company should increase investment on its research an d development by reducing the air emission and discharges resulting from the operation of natural gas processing plant, chemical plants, refineries, pipeline system. 4.30 Retain talents with attractive incentives program and growth PETRONAS believe staff is selflessly built, nurtured and grown under the corporation share value of loyalty, integrity, professionalism and cohesiveness. PETRONAS should continue its CSR on providing quality education in each country as a way to recruit talents from amongst the local and overseas graduates. However, retaining the existing high quality staffs of PETRONAS is a prominent factor to sustain the future of the corporation. Therefore, PETRONAS should increase the human empowerments by offering occupational mobility along both the technical or managerial tracks and ample opportunities for learning and growing. PETRONAS should also launches special incentive program to motivate staff through giving bonuses, company trips and other staff benefits. In this way, staffs would find themselves appreciated and more willing to serve the company with loyalty. 5.0 Conclusion From time to time, the most distinct globalisation impact on PETRONAS is the politics instability of oil exploration and production countries followed by the global competition of building market share as well as the oil and gas resources. The trend of technology transfer under globalisation, on the other hand, has benefited PETRONAS of capturing technical skills from overseas partners but it also leads PETRONAS losses its competitive advantage through transferring patented technologies while exploring other countries. Potential impact of globalisation would be the depletion of resources, changing environmental law and regulation and loss of human capital which are needed to take account by PETRONAS of sustaining its global presence in the coming future. In order to mitigate the actual globalisation impacts, PETRONAS has to strengthen its politics and religious affiliation with oil production countries for the future benefit. As for resolving the potential impact, PETRONAS is recommended to perform diversification in innovative green technology as the world is stressing on environment preservation. In addition, the company needs to reposition its global image not only by means of its current corporate social responsibility that solely focus on regional education but it should be more focus on environment preservation. Next, PETRONASs re-evaluate their incentives plan to avoid brain drain problem which high skilled workers are poached by competitors in developed countries. As a conclusion, it is important for MNC to join hand with government to mitigate the globalisation impact. PETRONAS strategy of growth through joint venture and partnership in the global is a brilliant way of reducing business risk. But without the effort of Malaysia Government of being proactive in developing politics and religious affiliation with Middle East countries, PETRONAS can never gain the opportunity to explore in these countries. Therefore, PETRONAS has to maintain its current competitive advantage as well as keep an eye on the unknown impact of globalisation. 2897 words