Finance and development tendencies of oil and shipping corporations

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Bibliographic Details
Main Author: Devadze Giorgi
Other Authors: Bakker Anna
Sági Dr. habil. Judit
Format: Thesis
Kulcsszavak:accounting
finance
financial accounting
financial statements
international finance
Online Access:http://dolgozattar.uni-bge.hu/28987
Description
Abstract:     The present work discusses the main trends in the development of the oil extraction and shipping industry. Its relevance is driven by the extraction and utilization of these vital energy resources.      The purpose of this paper is to introduce stakeholders the current trends in the oil industry, as well as to highlight the problems and challenges in the field.      A main task of this paper is to get to know the oil business with its present and past as the leading energy industry. Besides, delivering information to the interested audience regarding the ongoing innovation in the field. The important place is devoted to the review of the whole oil production cycle (From production to its final sale). Lastly and the most important part will be dedicated to financial analysis of leading shipping company.      The work covers the classification of oil by its composition and transport properties, emphasizes the role of the state in the industry, and compares the interests of private and public companies.  The same chapter presents the entire cycle of the oil industry - from its extraction to its realization, each of its stages separately.      The actuality of this topic is caused by all the procedures going in the world market which makes significant impact on the energy source to the industry and its development tendencies. The aim of topic is to represent information about the whole cycle of oil industry and its specific stages as well. The important part of topic will be financial analysis of participant companies in this industry. I will attempt to choose shipping/oil company and analyse financial part with its performance, financial/economic measurements as income, costs, profit, yearly accounts how prices are picked with export/import policies etc. Importance of the topic is determined by current processes going into the modern oil industry which is closely related to the main modern and global source for energy, gas industry and its development tendencies.      Bachelor dissertation “Finance and development tendencies of Oil and shipping corporations” consists of introduction (General characterization) three chapter and with concluding part.      To summarize topic will consist of following parts:      First chapter – About creation and development of Oil and Gas companies with value chain and realization stages. Will be described how oil had become desirable fuel and origins of market shared companies.      Second chapter – “Oil international market” as its stocks, procurement, consumption, prices and export/import with financial analysis     Third chapter – General overview of crude oil transportation industry and financial analyzes of a selected shipping company.