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  • CNOOC The Decision to Terminate Nexen

    CNOOC The Decision to Terminate Nexen

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    CNOOC’s decision to terminate Nexen’s oil and gas exploration and production activities is a clear case study of how a company can navigate through a challenging moment. In August 2013, CNOOC issued a statement announcing the decision, which affected the whole oil industry in North America. Nexen is a major player in Canadian oil and gas activities. The motivation for this decision was a sharp increase in the cost of raw materials from its suppliers, which led to CNOOC being unable to meet their own financial obligations

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    CNOOC, Ltd. (“CNOOC”), has recently made a business decision to terminate Nexen, Ltd. try here (“Nexen”), a strategic partnership in Canada. At first sight, this move may appear to be a short-term strategic choice, as CNOOC has been growing at a fast rate, and this decision appears to signal a strategic move that is not required for long term growth. In the following paragraph, I would argue that this strategic decision may in fact be the opposite of what it seems to be. First

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    CNOOC, the largest Chinese oil company and the 5th largest petroleum company in the world, is now taking the correct decision to terminate Nexen’s contract as of this past July. This is according to CNOOC CEO, Mr. Cai Huaijin. This comes as no surprise as CNOOC has been facing major trouble. Background CNOOC started its oil exploration business with Canada’s Nexen in 2005. The joint venture started producing oil in 2006 but faced a

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    In early 2008, a group of oil and gas majors gathered in New York for an oil and gas forum. One of the leading speakers, a high ranking oil and gas CEO from China, said that “CNOOC (China’s biggest state-owned oil and gas company) is considering terminating its investment in Nexen. The reason is not only to reduce costs, but also the CNOOC is not so keen on the oil in Nexen anymore, mainly due to the recent global economic downturn.” It is

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    The decision of CNOOC, a Chinese state-owned oil company, to terminate its partnership with a Canadian oil and gas firm, Nexen Inc., is a significant shift in the global oil industry. This event is critical in understanding the dynamic changes in the global oil market, where oil prices have fallen drastically in recent years. Why did CNOOC terminate its partnership with Nexen? CNOOC is one of China’s largest oil and gas companies. It is controlled by the government of the People’s Republic of China. In

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    CNOOC, one of China’s most significant state-owned oil and gas companies, announced in May 2014 its decision to terminate its joint venture with Nexen, an oil and gas producer with U.S. Headquarter in Calgary, Alberta, Canada. CNOOC had agreed to establish its Calgary headquarters and build its first Canadian oil sands project with the assistance of Calgary-based Nexen in 2006. In June 2014, CNOOC announced it would suspend

  • Good Modelling Practices in Microsoft Excel

    Good Modelling Practices in Microsoft Excel

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  • Building the Corporate Learning Brand Nike U

    Building the Corporate Learning Brand Nike U

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    In my role as an independent business consultant, I frequently provide training sessions for Fortune 500 companies. Over the past few years, I’ve worked with two such companies: Apple and Nike. During my sessions with the latter, I had the unique opportunity to observe and provide feedback to both employees and supervisors on Nike’s successful efforts to improve its learning and development efforts. I will discuss some of the key findings in the areas of recruitment, training, and performance management that I observed and analyzed. Before I delve into

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    Nike’s approach to corporate learning was based on the ‘Better Tomorrow Foundation’ created by Nike in 2009. This foundation provided $250 million to the world’s top universities, allowing them to be part of Nike’s corporate learning community. Today, Nike has four learning communities: 1. The Nike Design Lab – a platform to engage in the creative process of students and create new products. 2. Nike Global Knowledge Lab – a program designed to develop

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  • Madras Crocodile Bank Trust Sustainable Survival Challenges

    Madras Crocodile Bank Trust Sustainable Survival Challenges

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    Madras Crocodile Bank Trust is one of the oldest, most revered, and most respected legal institutions in South India. As the name suggests, it is the Crocodile Bank of Tamil Nadu. It was founded in the 15th century and has served as a trusted resource for businessmen, government officials, and community members for over 600 years. Over the years, Madras Crocodile Bank Trust has faced many challenges and opportunities that require innovative solutions. try this site In this essay, we’ll explore the challeng

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  • BMW The 7 Series Project A

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  • Light Rail in Denver The Private Sector and Infrastructure Development B

    Light Rail in Denver The Private Sector and Infrastructure Development B

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  • Scalability at a charity Pilotlight

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    Generative AI is the key to unlocking a new era of innovation, collaboration, and business success. This is particularly true at Deloitte Canada, where our team has developed a robust, responsible generative AI model that enables us to deliver a more personalized experience to our clients. The power of generative AI is the ability to generate and synthesize new ideas, concepts, and insights from a large pool of data. This allows our team to be more nimble and responsive to changing market conditions, customer preferences, and competitive

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    This is the story of an ambitious and transformative project, an initiative at Deloitte Canada aimed at reengineering their way of thinking and operating by incorporating the power of generative AI (GAN) to help solve complex problems. Incorporating the best and latest in machine learning and artificial intelligence, Deloitte Canada’s AI department introduced Blazing New Trails – a project designed to create a new paradigm of work for the firm, one in which AI became the “heartbeat” driving the delivery

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    The world’s top consulting firms are inching closer to becoming digital powerhouses. At Deloitte Canada, we are blazing a trail in AI, by using generative AI. AI is already transforming industries such as healthcare and finance. As the global economy’s top consultancy firm, we have the unique opportunity to leverage AI’s potential for human-centric development. We believe that AI has the power to make a tangible difference in people’s lives, by delivering solutions for industries and

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    Deloitte Canada uses generative AI for data visualization. This breakthrough technology allows them to use machine learning to generate visualizations of complex data sets. This approach makes complex data more accessible and understandable, allowing for more meaningful analysis. Here’s how it works: Machine learning models are trained on vast amounts of data to identify patterns and relationships within it. These patterns and relationships are then used to create highly interactive visualizations. For example, Deloitte’s visualization for data on job-related stress can present statistics and insights in a visually

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    Deloitte Canada’s “Blazing New Trails” strategy was inspired by the company’s vision of driving forward with purpose to transform the industry with the most advanced capabilities, driven by technology, and delivering exceptional service. Deloitte has a long-term strategy to invest in generative AI and this initiative aims to develop new models and practices that embrace the benefits of generative AI in driving innovation across the business. The team at Deloitte Canada is at the forefront of the generative AI movement with the goal