Supply and Globalisation (AQA A-Level Geography): Flashcards
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Most heavily traded commodities globally
Most heavily traded commodities globally
Oil and gas
Fastest-growing tradeable primary energy source
Fastest-growing tradeable primary energy source
Natural gas
Define: TNC
Define: TNC
Company operating across multiple countries
Top 10 TNCs by revenue: how many oil companies? (2018)
Top 10 TNCs by revenue: how many oil companies? (2018)
Six
TNC upstream activities
TNC upstream activities
Exploration and drilling
TNC midstream activities
TNC midstream activities
Transportation of resources
TNC downstream activities
TNC downstream activities
Refining crude oil into products
Define: vertical integration
Define: vertical integration
Active across every stage of an industry
Area covered by Alberta tar sands
Area covered by Alberta tar sands
140,000 km² (size of Florida)
Recoverable crude bitumen in Canada's tar sands
Recoverable crude bitumen in Canada's tar sands
175 billion barrels