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Impacts of Petroleum Industry: Health, Safety, and Environmental Issues

   

Added on  2023-06-09

12 Pages2704 Words479 Views
Running head: SAUDI ARAMCO
Introduction to Oil and Gas Environment
[Saudi Aramco]
Name of the student:
Name of the university:
Author note:

1SAUDI ARAMCO
Executive summary
This study is aimed at identifying the impacts of petroleum industry especially the companies
operating in the downstream business. The study describes the importance to maintain and
follow the safety measures while within the downstream business. It also reviews three of the
PESTLE factors and their impact on the success of Saudi Aramco. The study also covers the key
areas to address in order to improve the living standard of indigenous people and their
communities living close to both upstream and the downstream regions of the petroleum
industry.

2SAUDI ARAMCO
Table of Contents
Introduction......................................................................................................................................3
1. The significance of ensuring Health and Safety during activities within the downstream
division............................................................................................................................................3
2. A detailed review of 3 PESTLE factors and their impact on the success of Saudi Aramco.......4
Reviewing the factors..................................................................................................................5
Impact on the success of Saudi Aramco......................................................................................6
3. Key areas need to address in regards to health, safety and environmental issues affecting the
indigenous people and their communities.......................................................................................7
Conclusion.......................................................................................................................................8
References........................................................................................................................................9

3SAUDI ARAMCO
Introduction
The petroleum industry is a sector of high-importance for a fact that the business needs of
Oil & Gas industry are fulfilled by it. The incrementing consumption of Oil & Gas in its different
producible forms requires the worldwide oil & gas companies to remain engaged in the
production works (Jafarinejad 2016). However, safety issues have always remained a concern for
the petroleum industry and also remained in continuous criticism for producing the adverse
impacts on communities where the businesses happen (Oladeji, Ikpefan and Olokoyo 2015). This
study is aimed at identifying the significance of safety needs within the downstream division of
the petroleum industry. It also reviews three important factors of PESTLE and its impact on
‘Saudi Aramco’. It also identifies the key areas to address in context to the health, safety and
environmental issues of the indigenous people and their communities.
1. The significance of ensuring Health and Safety during activities within the downstream
division
The whole supply chain in the petroleum industry is divided mainly in three parts such as
upstream, midstream and downstream. In the downstream, businesses such as refining, logistics
and retail & distribution are taken care of. Once, oil & gaseous products are ready to serve to its
end-user, it is being transferred to the distribution and retail facilities either through pipelines and
shipping. Shipping itself is done by various means such as different kind of ships, oil tankers and
others. The end-user receives the different forms of petroleum products in petrol stations,
convenience stores and other formats of retailing (Ambituuni, Amezaga and Werner 2015).
Petrochemical plants, retail stores and other facilities are generally the part of a downstream
business. Hence, those who are living close to the gasoline stations and the transport area are at

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