The Abu Dhabi National Oil Company - Essay Example

The company has implemented initiatives aimed at conserving environmental policy by reducing waste. The petroleum industry has been under scrutiny by the international community for its contribution to the emission of greenhouse gases. Petroleum products are also non-renewable hence the exploitation of these products could lead to the depletion of resources for future generations. A major environmental risk posed by the company is oil spills into the ocean which results in water pollution and suffocation of sea life. During the fractionation process to manufacture petroleum products, some of the byproducts of the process that are released into the environment such as sulphides and carbon dioxide contribute to the greenhouse effect. The company should develop methods of reducing the emission of these wastes into the environment by exploring alternative waste management methods.

The implementation of green energy in the petroleum industry can be quite an expensive venture. Mitigating losses due to the increased cost of manufacture of petroleum products would have a direct impact on the price of petroleum products. The company should revise its policies to include reducing the emission of greenhouse gases such as carbon dioxide and chlorofluorocarbon which contribute to the greenhouse effect. They should also consider integrating the use of natural sources of energy such as solar, wind and tide to reduce their reliance on electricity and promote biodiversity. Further, the company should educate its workers on the need to preserve the environment by adopting recycling and techniques of proper management of wastes