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National Oilwell Varco Essay Example

National Oilwell Varco

3. The Railroad Commission of Texas established to prevent discrimination in railroad charges and ensure the establishment of reasonable tariffs. It manages the commercial recycling and surface disposal facilities (Railroad Commission of Texas, n.d.). Because the Resource Conservation and Recovery Act does not protect oil and gas waste from federal regulation, U.S. states are free to regulate the storage and transporting of oil and gas under their companies’ own risky waste programs. For Texas, the headquarters of National Oilwell Varco, the commercial waste haulers should have a permit to transport oil and gas waste. Such permit is not required for recycling transportation of oil and gas waste. Oil and gas waste haulers are required to keep records of daily hauling activities for 3 years (Nicholson, 2014).4. U.S. Department of Commerce: it promotes job creation, economic growth and sustainable development for the citizens of U.S. It establishes partnership with businesses, universities and with communities. The Department manages all the necessary licenses for the companies to be able to perform their activities. Thus, a foreign National Oilwell Varco subsidiary, Robbins & Myers Belgium SA, pled guilty for exporting drilling equipment to Syria illegally. The company agreed to pay one million in criminal and civil penalties (Lipkin, 2014). 5. Interstate Oil and Gas Compact Commission is aimed to ensure the nation's oil and natural gas resources to be conserved and maximized and protected. It assists the environmentally-sound ways to enhance the supply of energy by accomplishing clear requirements of Congress (About the Interstate Oil and Gas Compact Commission, n.d.).6. The National Petroleum Council established to advise, inform and make recommendations to the Secretary of Energy on the relating oil and gas industries. The reports of the Council touch the energy outlook, the environmental issues, natural gas and strategic petroleum reserve questions.

preview essay on National Oilwell Varco
  • Pages: 4 (1000 words)
  • Document Type: Research Paper
  • Subject: Business
  • Level: High School
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