WorldWideScience

Sample records for future national oils

  1. The future of national oil Companies of OPEC

    International Nuclear Information System (INIS)

    Subroto.

    1994-01-01

    OPEC countries are dependent on their National Oil Companies for international trade, economy, technology transfer and social planning. With low oil prices, increasing demand and worsened financial and economic status, time has come to give priority to two major issues necessary for health existence and growth of our national oil companies : cost reduction through the application of new technologies and less support from public funds ; planning for future markets beyond national borders, particularly developing countries. (Author)

  2. The Security Impact of Oil Nationalization: Alternate Futures Scenarios

    Directory of Open Access Journals (Sweden)

    Peter Johnston

    2010-01-01

    Full Text Available This article highlights the security impact of oil nationalization, develops and analyzes four energy security scenarios, and suggests options to reduce the potential negative impact of oil nationalization. In addition to the use of oil as a weapon, nationalization of oil can also lead to competition for scarce resources among states, facilitate the funding of terrorists or insurgents, contribute to destabilizing regional arms races, influence intra-state conflict, and sustain antagonistic political agendas.

  3. Future of oil and gas

    International Nuclear Information System (INIS)

    Gatermann, R.; Ten Hoedt, R.

    2009-01-01

    Two articles in the section 'Future of oil and gas': one ('Baltic strained by oil traffic') on the growing risks of accidents in maritime traffic in the Baltic region, and one ('Angola wants bigger piece of the pie') on the importance of the oil production in Angola to energy supplies in Europe and the USA. It appears that national oil company Sonango wants to have a greater part of the profits

  4. Future role of the national oil companies in the world petroleum industry. [Of Arab states

    Energy Technology Data Exchange (ETDEWEB)

    Taher, A H

    1977-11-01

    The history and role of national (i.e., multinational companies owned by an oil-exporting or -producing country) oil companies are outlined as they relate to international political and economic events. The governments of oil-exporting countries saw national oil companies as a way to gain some control over prices and revenues and to participate in development and marketing decisions. National companies can be more responsive to government policies than multinational companies during times of shortages. They provide a business arm to the government, which is politically involved in supply negotiations with other governments. National companies are felt to have a more stable position in terms of supplies, although their supplies may not be any more abundant. Multinationals will need increasingly selective investment activities after 1980 as government regulation and intervention changes market conditions. National companies may want to turn the marketing of crude oil over to the multinationals, while cooperating with them in exploration projects and the transfer of alternative energy technology. (DCK)

  5. Building a sustainable future - The effects of CSR-finance on national oil companies

    Energy Technology Data Exchange (ETDEWEB)

    Thakur, Vishal

    2010-09-15

    Since the release of Goldman Sach's 'Path to 2050' report, arguing the combined economies of Brazil, Russia, India and China, would ellipse the economies of the current richest countries by 2050, the BRIC countries have garnered global attention. As demand for oil in these nations increases, NOCs within the BRIC have gone beyond national borders for exploration and financing - giving rise to concerns over emerging policies, objectives and priorities. The purpose of this paper is to examine NOCs of the BRIC and their compliance with international standards of corporate social responsibility and their effects through international capital markets.

  6. Building a sustainable future - The effects of CSR-finance on national oil companies

    Energy Technology Data Exchange (ETDEWEB)

    Thakur, Vishal

    2010-09-15

    Since the release of Goldman Sach's 'Path to 2050' report, arguing the combined economies of Brazil, Russia, India and China, would ellipse the economies of the current richest countries by 2050, the BRIC countries have garnered global attention. As demand for oil in these nations increases, NOCs within the BRIC have gone beyond national borders for exploration and financing - giving rise to concerns over emerging policies, objectives and priorities. The purpose of this paper is to examine NOCs of the BRIC and their compliance with international standards of corporate social responsibility and their effects through international capital markets.

  7. Oil futures and spot markets

    International Nuclear Information System (INIS)

    Samii, M.V.

    1992-01-01

    In the last decade, the oil futures market has risen to prominence and has become a major factor in influencing oil market psychology and the crude oil market. On a normal day, over 92 thousand contracts, the equivalent of 92 million barrels per day, change hands on the New York Mercantile Exchange, NYMEX. This market has provided a vehicle for hedging against risk. At the same time, it has also created opportunities for speculation. Those who previously were unable to participate in oil market transactions can now become involved through the futures market. The large number of participants in the future market and the availability of information has made this market more efficient and transparent, relative to the crude oil market. While there has been considerable in-depth analysis of other future markets, relatively little theoretical attention has focused on that of oil. This paper looks at the following issues. First, what is the relationship between futures and spot oil prices? And secondly, are futures prices a good predictor of spot crude prices in the future? (author)

  8. The future of oil supply.

    Science.gov (United States)

    Miller, Richard G; Sorrell, Steven R

    2014-01-13

    Abundant supplies of oil form the foundation of modern industrial economies, but the capacity to maintain and grow global supply is attracting increasing concern. Some commentators forecast a peak in the near future and a subsequent terminal decline in global oil production, while others highlight the recent growth in 'tight oil' production and the scope for developing unconventional resources. There are disagreements over the size, cost and recoverability of different resources, the technical and economic potential of different technologies, the contribution of different factors to market trends and the economic implications of reduced supply. Few debates are more important, more contentious, more wide-ranging or more confused. This paper summarizes the main concepts, terms, issues and evidence that are necessary to understand the 'peak oil' debate. These include: the origin, nature and classification of oil resources; the trends in oil production and discoveries; the typical production profiles of oil fields, basins and producing regions; the mechanisms underlying those profiles; the extent of depletion of conventional oil; the risk of an approaching peak in global production; and the potential of various mitigation options. The aim is to introduce the subject to non-specialist readers and provide a basis for the subsequent papers in this Theme Issue.

  9. China Likely to Resume Oil Futures Soon

    Institute of Scientific and Technical Information of China (English)

    Chang Tianle

    2002-01-01

    @@ China is likely to resume operation of its oil futures this year, according to reports from the media about a futures conference organized by the Shanghai Futures Exchange (SHFE) in late May. "As China has become an important oil producer and consumer,the demand for our own oil futures market emerges,which will help China oil-related enterprises hedge risks," said Li Ruisheng, vice president of PetroChina's refining and marketing company.

  10. Macro factors in oil futures returns

    International Nuclear Information System (INIS)

    Le Pen, Yannick; Sevi, Benoit

    2012-01-01

    We investigate the macro factors that can explain the monthly oil futures return for the NYMEX WTI futures contract for the time period 1993:11 to 2010:03. We build a new database of 187 real and nominal macro-economic variables from developed and emerging countries and resort to the large factor approximate model to extract 9 factors from this dataset. We then regress crude oil return on several combinations of these factors. Our best model explains around 38% of the variability of oil futures return. More interestingly, the factor which has the largest influence on crude oil price is related to real variables from emerging countries. This result confirms the latest finding in the literature that the recent evolution in oil price is attributable to change in supply and demand conditions and not to the large increase in trading activity from speculators. (authors)

  11. The near future prospects of Russian oil industry

    International Nuclear Information System (INIS)

    Lehtimaeki, H.

    1995-01-01

    The central role of oil, natural gas and coal production in Russian national economy, and the active role of the country in international trade of fuels are well-known facts, the development of which has also remarkable effect on the western industrialised countries - especially due to the disintegration of the former Soviet Union followed by the economical reconstruction. This review deals with the structure of the Russian oil industry and the future prospects of it. (3 tabs.)

  12. Future directions conventional oil supply, Western Canada

    International Nuclear Information System (INIS)

    Campbell, G.R.; Hayward, J.

    1997-01-01

    The history of the Canadian oil industry was briefly sketched and the future outlook for crude oil and natural gas liquids in western Canada was forecast. The historical review encompassed some of the significant events in history of the Canadian oil industry, including the Leduc discovery in 1947, the Swan Hills discovery in 1957, the start of commercial production from the Athabasca oil sands in 1967, the discovery of the Hibernia oilfield offshore Newfoundland in 1979, and the onset of the use of horizontal production wells in western Canada in 1987. The resource base, supply costs, and the technology that is being developed to reduce costs and to improve recovery, were reviewed. Future oil prices were predicted, taking into account the costs associated with technological developments. It was suggested that the character of the industry is undergoing a change from an industry dominated by conventional supply to a mixed industry with increasing volume of heavy oil, primary bitumen, synthetic oil and frontier supply replacing 'conventional' light crude oil. Projections into the future are subject to uncertainty both on the supply as well as on the demand side. The potential impact of technology can significantly affect demand, and technological developments can yield additional supplies which exceed current expectations. 10 figs

  13. Resources and future supply of oil

    International Nuclear Information System (INIS)

    Kjaerstad, Jan; Johnsson, Filip

    2009-01-01

    This paper examines global oil resources and the future global oil supply/demand balance. The paper builds upon several comprehensive databases designed during the work and considerable efforts have been made to review what must be considered the most reliable data. Global oil resources have been investigated on three levels; country, company and field levels. Although no decisive conclusions or quantitative assessments can be made with respect to the global oil resource base, remaining resources appear to be sufficient to meet demand up to 2030 as projected in the 2006 (and 2007) world energy outlook by the IEA. Significant resources have already been discovered beyond proven reserves, many prospective regions remain to be fully explored and there are vast volumes of recoverable unconventional oil. However, it is also concluded that global supply of oil probably will continue to be tight, both in the medium term as well as in the long term mainly as a consequence of above-ground factors such as investment constraints, geopolitical tensions, limited access to reserves and mature super-giant fields. Production of unconventional oil and synthetic fuels is not believed to significantly alter this situation. Although an increasing number of recent reports have indicated an imminent or 'soon to come' peak in global oil supply, it has not been found that any of these reports have contributed with any new information on oil resources or oil supply ability. Nevertheless, there is a distinct possibility that global oil production may peak or plateau in a relatively near future, not caused by limited resources but because too many factors over long time constrain investments into exploration and production. The lack of transparency within the oil industry obviously prevents any accurate analysis of future production and supply ability. Moreover, our ability to analyse the sector will become more difficult in the future as oil increasingly will have to be sourced from

  14. OPEC charts course for future oil market

    International Nuclear Information System (INIS)

    Subroto, H.E.

    1992-01-01

    The author says OPEC is an economic organization with a simple mission: to provide a stable and reliable supply of oil to its customers and assure a fair return to its producers. When OPEC was formed in 1960, he recalls multinational oil companies dominated the oil market. Their operations were highly integrated from well to pump, and they kept oil prices low to fuel economic growth in prosperous industrialized countries. Host nations were rarely consulted in operations, and they reaped only minimal return for their black gold. OPEC changed all that. Today, OPEC's 13 member countries control their own oil industries, and some even own sizeable investments in the downstream sectors of consuming countries. To meet its commitment for supplying the petroleum needs of industrialized nations by the turn of the century, the author estimates OPEC will need to increase production capacity by about 40% at a cost well above what member countries can afford alone

  15. The term structure of oil futures prices

    International Nuclear Information System (INIS)

    Gabillon, J.

    1991-01-01

    In recent years, there has been a massive development of derivative financial products in oil markets. The main interest came from large energy end-users who found in them a welcome opportunity to lock in fixed or maximum prices for their supplies over a period of time. Oil companies and oil traders were able to provide tailor-made swaps or options for the specific needs of the end-users. In this paper, we present a two-variable model of the term structures of futures prices and volatilities assuming that the spot and long-term prices of oil are stochastic, and are the main determinants of the convenience yield function. Although the resulting convenience yield is stochastic, the model admits an analytic formulation under some restrictions. (author)

  16. China: a black hole for future oil?

    International Nuclear Information System (INIS)

    Cragg, Chris.

    1997-01-01

    Whenever two or three oil price forecasters are gathered together, the conversation generally gets round to the position of China. For China holds a great many of the keys to the future structure of global oil demand. Its astonishing rates of growth projected forward suggest a rapid transition towards high import dependency in the early years of the next century. After all, if the Chinese had the same passion for per capita oil consumption as people in the UK, they would use 22 million barrels a day (mbd), not the 3 mbd they currently consume. Yet to the puzzlement of many, China never quite behaves the way its exponential flight path suggests it will. (author)

  17. Forecasting oil price movements with crack spread futures

    International Nuclear Information System (INIS)

    Murat, Atilim; Tokat, Ekin

    2009-01-01

    In oil markets, the crack spread refers to the crude-product price relationship. Refiners are major participants in oil markets and they are primarily exposed to the crack spread. In other words, refiner activity is substantially driven by the objective of protecting the crack spread. Moreover, oil consumers are active participants in the oil hedging market and they are frequently exposed to the crack spread. From another perspective, hedge funds are heavily using crack spread to speculate in oil markets. Based on the high volume of crack spread futures trading in oil markets, the question we want to raise is whether the crack spread futures can be a good predictor of oil price movements. We investigated first whether there is a causal relationship between the crack spread futures and the spot oil markets in a vector error correction framework. We found the causal impact of crack spread futures on spot oil market both in the long- and the short-run after April 2003 where we detected a structural break in the model. To examine the forecasting performance, we use the random walk model (RWM) as a benchmark, and we also evaluate the forecasting power of crack spread futures against the crude oil futures. The results showed that (a) both the crack spread futures and the crude oil futures outperformed the RWM; and (b) the crack spread futures are almost as good as the crude oil futures in predicting the movements in spot oil markets. (author)

  18. Giant Oil Fields - The Highway to Oil: Giant Oil Fields and their Importance for Future Oil Production

    International Nuclear Information System (INIS)

    Robelius, Fredrik

    2007-01-01

    Since the 1950s, oil has been the dominant source of energy in the world. The cheap supply of oil has been the engine for economic growth in the western world. Since future oil demand is expected to increase, the question to what extent future production will be available is important. The belief in a soon peak production of oil is fueled by increasing oil prices. However, the reliability of the oil price as a single parameter can be questioned, as earlier times of high prices have occurred without having anything to do with a lack of oil. Instead, giant oil fields, the largest oil fields in the world, can be used as a parameter. A giant oil field contains at least 500 million barrels of recoverable oil. Only 507, or 1 % of the total number of fields, are giants. Their contribution is striking: over 60 % of the 2005 production and about 65 % of the global ultimate recoverable reserve (URR). However, giant fields are something of the past since a majority of the largest giant fields are over 50 years old and the discovery trend of less giant fields with smaller volumes is clear. A large number of the largest giant fields are found in the countries surrounding the Persian Gulf. The domination of giant fields in global oil production confirms a concept where they govern future production. A model, based on past annual production and URR, has been developed to forecast future production from giant fields. The results, in combination with forecasts on new field developments, heavy oil and oil sand, are used to predict future oil production. In all scenarios, peak oil occurs at about the same time as the giant fields peak. The worst-case scenario sees a peak in 2008 and the best-case scenario, following a 1.4 % demand growth, peaks in 2018

  19. National oil companies of South East Asia

    International Nuclear Information System (INIS)

    Singh, Gurdip

    1998-12-01

    Contains Executive Summary and Chapters on: Pertamina; Petronas; Petroleum Authority of Thailand; Philippines National Oil Company; Petro Vietnam; Myanmar Oil and Gas Enterprise; Singapore; Asean Free Trade Agreement, and Appendix on Petroleum tax legislation in the main south east Asian countries. (Author)

  20. OIL AND GAS FUTURES AND OPTIONS MARKET

    Directory of Open Access Journals (Sweden)

    Ante Nosić

    2017-01-01

    Full Text Available Energy mineral resources markets are represented by complex supply and demand ratios which are depending on different factors such as technical (transport and geopolitical. The main specific of energy markets is represented by an uneven geographic distribution of hydrocarbon reserves and exploration on one hand and energy consumption on the other. World oil markets, although geographically localized, because of specific market trade, represent unique global market with decreasing price difference. Price differences are result of development of a transport possibilities of oil supply. Development of transport routes of natural gas and increasing number of liquefied natural gas terminals in the world give pressure to natural gas market and its integration into global gas market. Integration of regional gas markets into a common European gas market is main energy policy of EU concerning natural gas. On the other hand, there are still significant price differences on some markets (e.g. United States of America - South East Asia. Development of global energy markets is enabled by development of a futures and options contracts of an energy trade which have replaced bilateral contract deals between producers and consumers. Futures contracts are standardized contracts traded on exchanges. Buyer agrees to buy certain quantity of stock for an agreed upon price and with some future delivery date. Option is a contract which gives a buyer the option of the right to buy (or sell, depending on the option an asset at predetermined price and at a later date. Stocks price risk can be managed with the purchase and selling futures and options contracts. This paper deals with futures and options energy markets and their market strategies.

  1. Significance of abolishing British National Oil Corporation

    Energy Technology Data Exchange (ETDEWEB)

    Mabro, R

    1985-04-01

    The decision to abolish British National Oil Corporation has greater significance than any commentator, so far, has cared to admit. Mr. Mabro says the Government has done much more than get rid of an institution it had previously weakened and emasculated; in effect, it had abdicated its responsibilities for the pricing of North Sea oil. He further observes that these moves may be consistent with the tenets of a simplistic free-market ideology: they betray, however, a lack of understanding of the economics of oil, and of the UK economic interest in oil.

  2. Oil development in China: Current status and future trends

    International Nuclear Information System (INIS)

    Ma Linwei; Fu Feng; Li Zheng; Liu Pei

    2012-01-01

    The future of oil has become an important topic of the discussion of energy policy in China. This paper attempts to present a full picture of the current status and future trends of China’s oil development through system analysis. First, we map a Sankey diagram of China’s oil flow to reveal the physical pattern of China’s oil supply and consumption. Then, we present the historical and ongoing trends of China’s oil flow from key aspects such as oil demand, oil resource availability, technology improvement, and policy adjustment. Based on these understandings, we design three scenarios of China’s oil demand in 2030, and analyze policy implications for oil saving, automotive energy development, and energy security. From the analysis, we draw some conclusions for policy decisions, such as to control the total oil consumption to avoid energy security risks, to enhance oil saving in all sectors with road transportation as the emphasis, and to increase the investment on oil production and refining to secure oil supply and reduce emissions. - Highlights: ► A Sankey Diagram to reveal the physical pattern of China’s oil supply and consumption. ► Present the ongoing trends of China’s oil development. ► Discuss important policy issues such as oil saving, energy security, and emissions reduction.

  3. National Oil Companies: the view from Venezuela

    International Nuclear Information System (INIS)

    Rodriguez, M.

    1994-01-01

    National oil companies were key elements in the initial OPEC strategy and they brought a de-integration of oil industry. These companies have tried to move from crude marketing to product marketing through new investments at home and abroad in order to get higher value added and more secure markets for crude. Low prices bring new challenges. Venezuela's answers are strategic associations, operating contract for marginal fields and profit sharing agreements. (Author)

  4. Estimation of quality and yields of products from the process of future national oils indelayed coking units; Estimativa da qualidade e dos rendimentos de produtos de coqueamento a partir do processamento de petroleos nacionais

    Energy Technology Data Exchange (ETDEWEB)

    Filipakis, Sofia D.; Silva, Maria do Socorro A.J. da; Guimaraes, Regina C.L. [PETROBRAS, Rio de Janeiro, RJ (Brazil)

    2008-07-01

    As the importance of the delayed coking process increases in the Brazilian refinery scenario, it is necessary to perform a more detailed evaluation of vacuum residues potential on this kind of process. This work compares the performance of future produced and exported oils residues with those which are references nowadays as delayed coking feeding. This information is essential for the prediction of the future quality and yield of the products generated by this process, and for the determination of the oils value for exportation. For this purpose, a process simulator was used considering the operational conditions of a real delayed coking unit. The carbon residue and asphaltenes ratio from the residues were also evaluated. This simulation demonstrated that most of the future oils will produce a high quality coke from the point of view of crystallinity and metals content, and it will present high contents of both volatile matter and sulphur. The exported oils residues are likely to show good crystallinity. (author)

  5. Investigating price clustering in the oil futures market

    Energy Technology Data Exchange (ETDEWEB)

    Narayan, Paresh Kumar [School of Accounting, Economics and Finance, Deakin University (Australia); Narayan, Seema [School of Economics, Finance and Marketing, Royal Melbourne Institute of Technology, Melbourne (Australia); Popp, Stephan [Department of Economics, University of Duisburg-Essen (Germany)

    2011-01-15

    Price clustering can be a source of market inefficiency. It follows that searching for price clustering in markets have gone beyond share prices into real estate, interest rate, and exchange rate markets. In this paper, we extend this line of research to oil futures markets. In particular, we consider five different forms of oil futures contracts and test for evidence of price clustering. Our results reveal strong presence of price clustering in the oil futures market. This finding implies that price clustering can potentially be a source of oil market inefficiency, which can influence trading strategies. (author)

  6. Investigating price clustering in the oil futures market

    International Nuclear Information System (INIS)

    Narayan, Paresh Kumar; Narayan, Seema; Popp, Stephan

    2011-01-01

    Price clustering can be a source of market inefficiency. It follows that searching for price clustering in markets have gone beyond share prices into real estate, interest rate, and exchange rate markets. In this paper, we extend this line of research to oil futures markets. In particular, we consider five different forms of oil futures contracts and test for evidence of price clustering. Our results reveal strong presence of price clustering in the oil futures market. This finding implies that price clustering can potentially be a source of oil market inefficiency, which can influence trading strategies. (author)

  7. The future for heavy crude oil

    International Nuclear Information System (INIS)

    Horsnell, P.

    1995-01-01

    The expectation, still held in 1993, that the light oil-heavy crude oil differential would go on increasing in favour of light oil has not been fulfilled. Current perceptions are that heavy oil will continue to be relatively strong and there is no inevitable upward trend in light-heavy crude differentials. Non-OPEC production has grown significantly lighter overall in recent years and is likely to continue so for several more years. This is due to expanded light oil production in the North Sea, Latin America and the Far East, and contractions in heavy oil production in Russia and the USA. OPEC production has also become lighter with, in particular, an expansion in light oil and contraction in heavy grades from Saudi Arabia. At the same time, the nature of the demand from refineries has changed with the introduction of new units designed to process the residium from heavy oil distillation. Thus the supply of light oil has expanded while demand for it has contracted with the reverse being true for heavy oil. (2 figures, 1 table) (UK)

  8. Mideast crisis and pricing in the oil futures market

    International Nuclear Information System (INIS)

    Hamed, A.H.

    1992-01-01

    Futures prices and the corresponding expected future cash price on crude oil markets differ. The difference is hypothesized to be due to a time varying risk premium where risk is due to either cash price volatility, oil output volatility, or unanticipated oil price movement. And this risk is measured by the conditional variance of the forementioned sources of risk. Using the ARCH (Autoregressive Conditional Heterosckdasticity) model and its extensions this study addresses the determination of the time varying risk premium. Political unrest in the Mideast oil exporting countries is hypothesized to be a determinant of the time varying risk premium in the oil futures market. The empirical tests allow informative inferences to be drawn on the role of political unrest in pricing oil

  9. Strategies of African national oil companies

    International Nuclear Information System (INIS)

    Auge, Benjamin

    2017-09-01

    The study and comparison of different National Oil Companies (NOC) help understanding the political history of Algeria, Nigeria and Angola. The NOC's role and activities depend on several economic and political aspects. For example, Angolan Sonangol has been the coffer for the Popular Movement of Liberation of Angola (MPLA) party to fund its struggle against the National Union for the Independence of Angola (UNITA) party during civil war. Hence the key role played by this NOC in the past and its continuing key influence today. In Nigeria, The Nigerian National Petroleum Corporation (NNPC) became more and more bureaucratic, its efficiency is questionable as the company became the epicentre of the corruption in the country (several cases regarding billions of dollars have emerged recently). By contrast, Algeria's Sonatrach has accumulated a real know how in exploring and producing oil and gas but several successive laws discouraged private sector investments. Algeria doesn't have the necessary technology for unconventional oil and gas exploration (notably shale oil and gas), neither the funds to develop all its huge geological potential

  10. The Canadian oil sands--a sticky future

    Energy Technology Data Exchange (ETDEWEB)

    Cowtan, S A

    1977-01-01

    The oil sands have been known for 200 yr but only over the last decade have they been recognized as a potential major energy source for Canada. The study looks at the present GCOS plant, and briefly discusses Canada's future energy requirements and how she might fill those requirements from conventional and nonconventional sources, such as the Frontier areas, oil sands mining, oil sands in situ, and heavy oil. The economics and the future of these sources and the environment necessary for their development are analyzed.

  11. Aviation fuel and future oil production scenarios

    International Nuclear Information System (INIS)

    Nygren, Emma; Aleklett, Kjell; Hoeoek, Mikael

    2009-01-01

    Most aviation fuels are jet fuels originating from crude oil. Crude oil must be refined to be useful and jet fuel is only one of many products that can be derived from crude oil. Jet fuel is extracted from the middle distillates fraction and competes, for example, with the production of diesel. Crude oil is a limited natural resource subject to depletion and several reports indicate that the world's crude oil production is close to the maximum level and that it will start to decrease after reaching this maximum. A post-Kyoto political agenda to reduce oil consumption will have the same effect on aviation fuel production as a natural decline in the crude oil production. On the other hand, it is predicted by the aviation industry that aviation traffic will keep on increasing. The industry has put ambitious goals on increases in fuel efficiency for the aviation fleet. Traffic is predicted to grow by 5% per year to 2026, fuel demand by about 3% per year. At the same time, aviation fuel production is predicted to decrease by several percent each year after the crude oil production peak is reached resulting in a substantial shortage of jet fuel by 2026. The aviation industry will have a hard time replacing this with fuel from other sources, even if air traffic remains at current levels.

  12. Overseas Investments by Chinese National Oil Companies

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2011-07-01

    This report examines inaccuracies in some commonly held views of China's National Oil Companies (NOCs). Until now, there has been little analysis to test the widely held presumption that these companies act under the instructions and in close co-ordination with the Chinese government. Nor have critics been challenged on the validity of their concerns about investments made by these NOCs, and how they could be blocking supplies of oil for other importing countries. The IEA analysis, however, finds that contrary to these views, the NOCs actually operate with a high degree of independence from the Chinese government, and their investments have in fact largely boosted global supplies of oil and gas, which other importers rely on.

  13. A fear index to predict oil futures returns

    International Nuclear Information System (INIS)

    Chevallier, Julien; Sevi, Benoit

    2013-01-01

    This paper evaluates the predictability of WTI light sweet crude oil futures by using the variance risk premium, i.e. the difference between model-free measures of implied and realized volatilities. Additional regressors known for their ability to explain crude oil futures prices are also considered, capturing macro-economic, financial and oil-specific influences. The results indicate that the explanatory power of the (negative) variance risk premium on oil excess returns is particularly strong (up to 25% for the adjusted R-squared across our regressions). It complements other financial (e.g. default spread) and oil-specific (e.g. US oil stocks) factors highlighted in previous literature. (authors)

  14. Underdeveloped spot markets and futures trading: The Soya Oil exchange in India

    OpenAIRE

    Bharat Ramaswami; Jatinder Bir Singh

    2006-01-01

    Abstract The limited presence of futures exchanges in developing countries where commodity markets fall short of the ideal underscore the importance of understanding the relation between spot and futures markets. The paper examines the exceptional success of the soya oil contract at the National Board of Trade (NBOT) in India. The paper asks whether the NBOT contract exhibits the fundamental features of mature futures markets in terms of its use by hedgers. If the market offers arbitrage oppo...

  15. Evidence of efficiency in United States futures oil prices

    International Nuclear Information System (INIS)

    Duchock, C.J. Jr.

    1991-01-01

    The purpose of this study was to use the Perpetual Contract Data for West Texas Intermediate Crude Oil futures contracts in studies of the US crude oil futures market prices to determine whether the market was efficient. Analysis was done to determine whether the Perpetual Contract Data exhibited the characteristics of a random walk. Daily data on US crude oil perpetual futures contract prices were analyzed using standard statistical techniques and spectral analysis techniques. Spectral analysis was used on the first differences of daily data to determine whether the price change data contained cyclicality. Results showed no significant cycles or autocorrelation in the data, concluding there was evidence to indicate the Perpetual Contract Data for futures prices is a random walk. This is similar to the conclusion by Howard (1988) that spot West Texas Intermediate Crude prices follow a random walk. Thus, both the futures and spot markets efficiently capture current information in prices

  16. Future oil supply to the Northeast United States

    Energy Technology Data Exchange (ETDEWEB)

    Bronheim, H.

    1976-06-01

    The Northeast consumed some 4.6 million bbls/day of petroleum products in 1972. Nearly 63 percent of that supply was of foreign origin, making the Northeast the single largest oil-importing region in the nation. The remainder of its supply originated mainly in states on the Gulf of Mexico. The phasing out of coal as a major utility boiler fuel and curtailment of natural gas sales to the Northeast have led to the rapid increase in the use of petroleum products. Nationwide oil production reached a peak of 11.3 million bbls/day in 1970 and has been declining yearly ever since. The Northeast in particular has led the movement to foreign imports because of its coastal location, its distance from domestic sources, the competitive pricing of foreign oils, and because of environmental considerations. Under various assumptions of total U.S. reserves of oil (discovered and undiscovered) coupled to alternate schedules of national resource development, projections of crude oil production were made for the years 1985 and 2000. The projections indicate that even under optimistic conditions crude oil production will be declining in the post-1985 period, if not earlier. The scenarios consistently indicate that the Northeast's regional share will be heavily constrained by 1985, and rapidly declining thereafter. On the other hand, production of oil worldwide will concentrate further in the hands of the Arab OPEC nations who are likely to exercise growing control over pricing and the international supply of crude oil.

  17. The future of national research institutions

    International Nuclear Information System (INIS)

    Popp, M.

    1992-01-01

    In Germany, the national research centers have prepared, accompanied and stabilized the development of nuclear technology. In the present, political, situation, they are no longer able to make a comparably constructive contribution to the future perspective of nuclear technology. The accompanying scientific services rendered nuclear technology by the national research centers also in the future include the cultivation of qualified expertise. In this way, the link between national research centers and nuclear technology is maintained, albeit at a different level. Cases in point are nuclear fusion or the development of new, advanced reactor lines. (orig.) [de

  18. OIL AND GAS FUTURES AND OPTIONS MARKET

    OpenAIRE

    Ante Nosić; Daria Karasalihović Sedlar; Lucija Jukić

    2017-01-01

    Energy mineral resources markets are represented by complex supply and demand ratios which are depending on different factors such as technical (transport) and geopolitical. The main specific of energy markets is represented by an uneven geographic distribution of hydrocarbon reserves and exploration on one hand and energy consumption on the other. World oil markets, although geographically localized, because of specific market trade, represent unique global market with decreasing price diffe...

  19. The future of oil and hydrocarbon man

    CERN Document Server

    Campbell, Colin

    1999-01-01

    Man appeared on the planet about four million years ago, and by 1850 numbered about one billion Ten came Hydrocarbon man. World population has since increased six-fold. After the oil price shocks of the 1970s, people asked "when will production peak?". It is not easy to answer this question because of the very poor database. Reserves and the many different hydrocarbon categories are poorly defined, reporting practices are ambiguous, revisions are not backdated...

  20. Shanghai and Hong Kong Join Efforts for Oil Futures Exchanges

    Institute of Scientific and Technical Information of China (English)

    2003-01-01

    @@ Shanghai Futures Exchange (SHFE) and Hong Kong Exchanges and Clearing Limited (HKEx) announced in midApril they will jointly introduce crude oil futures. The two exchanges will jointly develop an energy derivatives market that serves both Chinese and international investors,according to a memorandum of understanding (MOU) signed between the two exchanges.

  1. Oil futures prices and stock management: a cointegration analysis

    International Nuclear Information System (INIS)

    Balabanoff, Stefan

    1995-01-01

    Futures markets are considered important to hedgers and speculators. Therefore, they are relevant to stock management. This issue is tested empirically by applying the methodology of cointegration analysis and causality testing to the monthly average of commercial (non-strategic) primary oil stocks and monthly averages of West Texas Intermediate (WTI) spot and futures prices for one month and three-months delivery, over the period January 1985 to June 1993. Long-and short-run relations are presented. The results support the view of a relationships between futures prices and oil stocks. (author)

  2. Exploring the undulating plateau: the future of global oil supply.

    Science.gov (United States)

    Jackson, Peter M; Smith, Leta K

    2014-01-13

    In this paper, we analyse the factors that will influence long-term oil supply and describe the future form of the global oil supply profile as an 'undulating plateau' rather than an irreversible, short-term peak or an ever upward trend of increasing production. The ultimate transition from a world of relatively plentiful and cheap oil to one of tight supply and high cost will be slow and challenging. An understanding of the signposts for the future path of supply and the drivers of that profile will be critical to managing the transition. The ultimate form of the global supply curve may well be dictated by demand evolution rather than a limited resource endowment in the longer term. Several factors will probably control future global oil supply. We believe that the scale of global oil resource will not constitute a physical supply limit for at least the next two or three decades. However, all categories of oil resources are already more expensive to develop than in the past, requiring high oil prices to stimulate supply growth. Lower rates of oil demand growth relative to economic growth, combined with more challenging supply growth, will probably lead to an undulating plateau sometime after 2040, with demand from non-Organization for Economic Cooperation and Development states continuing to dominate. Upstream investment requirements and oil price volatility will increase towards and beyond the undulating production plateau. In this new world, high oil prices will induce demand destruction, fuel substitution and ever increasing energy efficiency. As we discuss below, the fundamental differences between the IHS Cambridge Energy Research Associates' (IHS CERA) view of the future of oil supply and many peak oil supply models are the timing of the onset of a dramatic slowdown in the rate of growth of supply and the existence or otherwise of a production plateau. We do not dispute that supply will plateau and eventually fall; the question is when, how and at what price

  3. Gold and oil futures markets: Are markets efficient?

    Energy Technology Data Exchange (ETDEWEB)

    Narayan, Paresh Kumar; Zheng, Xinwei [School of Accounting, Economics and Finance, Faculty of Business and Law, Deakin University, 221 Burwood Highway, Burwood, Victoria 3125 (Australia); Narayan, Seema [School of Economics Finance and Marketing, RMIT University, Melbourne (Australia)

    2010-10-15

    In this paper we examine the long-run relationship between gold and oil spot and futures markets. We draw on the conceptual framework that when oil price rises, it creates inflationary pressures, which instigate investments in gold as a hedge against inflation. We test for the long-run relationship between gold and oil futures prices at different maturity and unravel evidence of cointegration. This implies that: (a) investors use the gold market as a hedge against inflation and (b) the oil market can be used to predict the gold market prices and vice versa, thus these two markets are jointly inefficient, at least for the sample period considered in this study. (author)

  4. European oil refining: strategies for a competitive future

    International Nuclear Information System (INIS)

    MacDonald, James.

    1997-07-01

    European Oil Refining investigates how the industry came to be in crisis and what the future holds. As well as an extensive analysis of past and present market shifts, the report predicts likely future developments and their consequences for investors. The report reviews the European oil sector in a global context, calculates the cost to refiners of key environmental legislation, assesses the problems caused by changing product demand and crude supply, examines possible solutions to the problems of low margins and overcapacity, evaluates the key players' main strategies to increase their competitiveness, analyses the western European oil refining industry by country, details the refinery operations of the major countries of central and eastern Europe, profiles 15 of the major oil companies and estimates the increase in investment required as a result of legislative and demand changes. (author)

  5. Gold and oil futures markets: Are markets efficient?

    International Nuclear Information System (INIS)

    Narayan, Paresh Kumar; Zheng, Xinwei; Narayan, Seema

    2010-01-01

    In this paper we examine the long-run relationship between gold and oil spot and futures markets. We draw on the conceptual framework that when oil price rises, it creates inflationary pressures, which instigate investments in gold as a hedge against inflation. We test for the long-run relationship between gold and oil futures prices at different maturity and unravel evidence of cointegration. This implies that: (a) investors use the gold market as a hedge against inflation and (b) the oil market can be used to predict the gold market prices and vice versa, thus these two markets are jointly inefficient, at least for the sample period considered in this study. (author)

  6. Analyzing Oil Futures with a Dynamic Nelson-Siegel Model

    DEFF Research Database (Denmark)

    Hansen, Niels Strange; Lunde, Asger

    In this paper we are interested in the term structure of futures contracts on oil. The objective is to specify a relatively parsimonious model which explains data well and performs well in a real time out of sample forecasting. The dynamic Nelson-Siegel model is normally used to analyze and forec......In this paper we are interested in the term structure of futures contracts on oil. The objective is to specify a relatively parsimonious model which explains data well and performs well in a real time out of sample forecasting. The dynamic Nelson-Siegel model is normally used to analyze...... and forecast interest rates of different maturities. The structure of oil futures resembles the structure of interest rates and this motivates the use of this model for our purposes. The data set is vast and the dynamic Nelson-Siegel model allows for a significant dimension reduction by introducing three...

  7. Oil sands: Strategies for future development - An overview

    International Nuclear Information System (INIS)

    Yildirim, E.

    1995-01-01

    The Alberta Chamber of Resources developed a Task Force in 1993 to promote oil sands development, and to identify and publicize the social and economic benefits of oil sands operations. Formation, mission of the National Task Force, impediments and opportunities for development were summarized. Attributes of oil sands, benefits of their development, impediments to development, strategic development and potential growth scenarios were discussed. Cooperation between government and industry was deemed essential. Recommendations included development of a bitumen pipeline network, provision of incentives to encourage development, encouragement of risk and reward sharing between bitumen producers and up graders, and diversification of products and by-products. 7 figs., 12 refs

  8. Transportation in the future : blind side of the oil market

    International Nuclear Information System (INIS)

    Schipper, L.

    2002-01-01

    The first oil embargo of 1974 and the oil crisis of 1979/1980 demonstrated that of all sectors, the transportation sector is the most threatened by abrupt changes in fuel prices. For that reason, the International Energy Agency (IEA) and member countries have strived to develop a good set of analytical tools for forecasting future energy demand in transportation. This presentation addressed issues regarding oil demand and explained why it may never be the same. Oil demand has been changed by the imposition of fuel economy standards in North America, voluntary agreements to limit fuel consumption in Europe, and the freight related component. Motor vehicle ownership is growing significantly in developing countries. Neither oil problems nor carbon dioxide emissions will slow that growth for a long time to come. Traffic congestion and pollution are major problems in most of the developing world. Therefore, policies to save oil or reduce carbon dioxide emissions should be integrated with strategies to improve transportation and clean the air in developing countries. New incentives may include clean vehicles, fuel efficiency, clean and low carbon fuels, and transportation planning. The paper also described how information technology, such as use of the Internet, is a low energy product that can boost economic activity and which in the future, may have a broader impact on transportation. It was concluded that while transportation energy is driven by economic growth, it can be impacted by higher prices and by energy policies. 16 figs

  9. The refining industry and the future of the fuel oils

    International Nuclear Information System (INIS)

    Soleille, S.

    2004-01-01

    The fuel oils consumption decrease in France since 1970, because of the two petroleum crisis, the nuclear energy competition and the air pollution. The fuel oils industry is then looking other export possibilities. This report aims to offer a first approach of the problem and presents the main challenges. The first part is devoted to the technical context (definition, production and outlet. The second part presents the environmental context and the fuel oils market. In the third part the market is studied at the world scale, in the fourth at the french scale and in the fifth at the scale of other countries as United States, Japan and european Union. A synthesis tables is given in the last part to compare and propose some hypothesis concerning the future of fuel oils and the french refining industry. (A.L.B.)

  10. The future of oil: unconventional fossil fuels.

    Science.gov (United States)

    Chew, Kenneth J

    2014-01-13

    Unconventional fossil hydrocarbons fall into two categories: resource plays and conversion-sourced hydrocarbons. Resource plays involve the production of accumulations of solid, liquid or gaseous hydro-carbons that have been generated over geological time from organic matter in source rocks. The character of these hydrocarbons may have been modified subsequently, especially in the case of solids and extra-heavy liquids. These unconventional hydrocarbons therefore comprise accumulations of hydrocarbons that are trapped in an unconventional manner and/or whose economic exploitation requires complex and technically advanced production methods. This review focuses primarily on unconventional liquid hydro-carbons. The future potential of unconventional gas, especially shale gas, is also discussed, as it is revolutionizing the energy outlook in North America and elsewhere.

  11. Oil Politics and National Security in Nigeria

    Science.gov (United States)

    2010-12-01

    Oil Transparency in the Niger Delta: Improving Public Sector Oil Derived Resource Flows and Utilization in Abia State, Nigeria,” Economies of...against the nine states officially recognized i.e. they exclude Ondo, Abia , and Imo states from being part of the Delta region (figure 1). 125 BBC...Peterside Sofiri Dr, “Oil Transparency in the Niger Delta: Improving Public Sector Oil Derived Resource Flows and Utilization in Abia State, Nigeria

  12. Waste oil management at the Oak Ridge National Laboratory

    International Nuclear Information System (INIS)

    Oakes, T.W.; Bird, J.C.; Shank, K.E.; Kelley, B.A.; Harrison, L.L.; Clark, B.R.; Rogers, W.F.

    1980-01-01

    It is the policy of the Oak Ridge National Laboratory (ORNL) to require that oily substances be handled and disposed of in a manner that protects the environment and personnel from harm. Federal regulations prohibit the discharge of oil into navigable waters, with stiff penalties possible to violators. A strict waste oil management program has been developed and implemented because of the potential for oil problems resulting from the large and varied uses of oil at the Laboratory. Also, past records of improper discharges of oil have mandated immediate corrective actions. In order to resolve the problems of waste oil at the Laboratory, the ORNL Waste Oil Investigation Committee was formed on March 14, 1979. The work of the committee included a survey of every building and area of the Laboratory to locate the presence of oil and the pathways of oil discharges to the environment. The committee also provided a basis for the development of oil spill procedures and waste oil disposal. The Department of Environmental Management (DEM) of the Industrial Safety and Applied Health Physics Division at ORNL has the responsibility of developing environmental protection procedures for the handling and disposal of oil. It approves storage and collection facilities, disposal methods, and disposal sites for oil-containing wastes. The DEM has developed and implemented an ORNL Environmental Protection Procedure for oils and an oil spill prevention and countermeasure plan. In order to familiarize ORNL personnel with the problems and procedures of waste oil, the DEM has held seminars on the subject. This report reviews the findings of the Waste Oil Investigation Committee and the actions of the laboratory management and the DEM in dealing with the waste oil problem at ORNL

  13. Unit root properties of crude oil spot and futures prices

    International Nuclear Information System (INIS)

    Maslyuk, Svetlana; Smyth, Russell

    2008-01-01

    In this article, we examine whether WTI and Brent crude oil spot and futures prices (at 1, 3 and 6 months to maturity) contain a unit root with one and two structural breaks, employing weekly data over the period 1991-2004. To realise this objective we employ Lagrange multiplier (LM) unit root tests with one and two endogenous structural breaks proposed by Lee and Strazicich [2003. Minimum Lagrange multiplier unit root test with two structural breaks. Review of Economics and Statistics, 85, 1082-1089; 2004. Minimum LM unit root test with one structural break. Working Paper no. 04-17, Department of Economics, Appalachian State University]. We find that each of the oil price series can be characterised as a random walk process and that the endogenous structural breaks are significant and meaningful in terms of events that have impacted on world oil markets

  14. Asian oil refining. Demand growth and deregulation - an uncertain future

    International Nuclear Information System (INIS)

    Sameer Nawaz.

    1996-01-01

    The objective of the report is to identify the most important features of the oil refining industry in Asia. Major developments in consumption patterns changes in regional importance of countries are discussed, highlighting potential future developments. The first chapter introduces the various refining processes and presents a simple model for the analysis of complex refineries. Chapter 2 examines the development of the Asian refining industry against a background of economic growth and analyses trends in consumption of all products in Asian countries. In Chapter 3, the key issues concerning the refining industry are examined, among them the forces driving consumption, including the importance of economic development, and electricity and transport demand. The importance of product imports and international trade is discussed, and the extent of government involvement and the effects of changing retail and market prices are analysed. Chapter 4 looks at the strategies that oil and gas companies are following in the Asian refining industry. Particular significance is attached to the vertical integration of the oil majors, Japanese and Middle Eastern oil companies. A brief overview of the importance of the petrochemical industry is presented. The countries of Asia that are involved in the refining industry are profiled in Chapter 5. The future trend in oil consumption is examined in Chapter 6. There follows a brief discussion of the plans to expand crude refining capacity in the various countries and a forecast of the state of overcapacity which will result. In the final chapter, brief profiles of some of the most important companies in the Asian refining industry are presented, discussing their major activities and future plans. (Author)

  15. Modelling future oil production, population and the economy

    Energy Technology Data Exchange (ETDEWEB)

    Laherrere, Jean

    2003-07-01

    pattern, giving one or more new cycles. To model an event made up of several cycles extending into the future calls for an estimate of the ultimate value, which corresponds with the area under the curve up to the end of the event. For oil, the best tool to determine an ultimate value is the creaming curve that plots cumulative discovery versus the cumulative number of new field wildcats, the result being modelled by one or more hyperbolas. Another method is to plot the ratio of annual to cumulative production versus cumulative production, and extrapolate the trend to zero. When the trend is linear, it represents the derivative of the logistic curve. The fractal distribution of sizes (field reserves, incomes, urban agglomerations plotted against decreasing rank) can also be extrapolated to an ultimate value. Population can be well modelled with two cycles, distinguishing countries with high and low fertility rates. Previous UN forecasts were too high for different reasons. Economic parameters, such as unemployment or inflation, can be correlated with oil price after a certain time-shift. Income distribution is well described by a fractal plot of population versus income. The income fractal distribution in France is in fact the same as that in the United States, although the total of the latter is higher because of a larger population. Many graphs are shown for each domain using the same tools. The goal is that the reader may be able to draw his own conclusions, and make his own forecast. Ironically, it appears that the modelling is more reliable than the input data. Accordingly, the main challenge is to secure better data, but that will be achieved only if and when political influences can be removed. A neutral agency is needed, but neither the UN nor national agencies are neutral. It is hard to see how to force the actors to tell the truth, or know who would run and finance such an organisation. A step in the right direction would be to make official organisations liable

  16. Modelling future oil production, population and the economy

    Energy Technology Data Exchange (ETDEWEB)

    Laherrere, Jean

    2003-07-01

    cycles. To model an event made up of several cycles extending into the future calls for an estimate of the ultimate value, which corresponds with the area under the curve up to the end of the event. For oil, the best tool to determine an ultimate value is the creaming curve that plots cumulative discovery versus the cumulative number of new field wildcats, the result being modelled by one or more hyperbolas. Another method is to plot the ratio of annual to cumulative production versus cumulative production, and extrapolate the trend to zero. When the trend is linear, it represents the derivative of the logistic curve. The fractal distribution of sizes (field reserves, incomes, urban agglomerations plotted against decreasing rank) can also be extrapolated to an ultimate value. Population can be well modelled with two cycles, distinguishing countries with high and low fertility rates. Previous UN forecasts were too high for different reasons. Economic parameters, such as unemployment or inflation, can be correlated with oil price after a certain time-shift. Income distribution is well described by a fractal plot of population versus income. The income fractal distribution in France is in fact the same as that in the United States, although the total of the latter is higher because of a larger population. Many graphs are shown for each domain using the same tools. The goal is that the reader may be able to draw his own conclusions, and make his own forecast. Ironically, it appears that the modelling is more reliable than the input data. Accordingly, the main challenge is to secure better data, but that will be achieved only if and when political influences can be removed. A neutral agency is needed, but neither the UN nor national agencies are neutral. It is hard to see how to force the actors to tell the truth, or know who would run and finance such an organisation. A step in the right direction would be to make official organisations liable to prosecution for releasing

  17. 78 FR 60721 - National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List...

    Science.gov (United States)

    2013-10-02

    ...] National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List: Deletion of the... final Notice of Deletion of the Ludlow Sand & Gravel Superfund Site (Site), located in the Town of Paris..., as amended, is an appendix of the National Oil and Hazardous Substances Pollution Contingency Plan...

  18. Hong Kong faces uncertain future as oil supply centre

    International Nuclear Information System (INIS)

    McDonald, Paul

    1997-01-01

    Hong Kong's first day under Chinese rule, 1 July 1997, was not exactly auspicious. A celebratory parade organized by the Chinese was washed out by torrential rain, and the grand finale of a firework display, described as 'a bold statement..... embodying confidence in the future of Hong Kong' fizzled out when one of the firework barges caught fire. The omens are not necessarily good for the territory's oil industry either. (author)

  19. Hong Kong faces uncertain future as oil supply centre

    Energy Technology Data Exchange (ETDEWEB)

    McDonald, Paul [Pearl Oil Ltd. (Hong Kong)

    1997-09-01

    Hong Kong`s first day under Chinese rule, 1 July 1997, was not exactly auspicious. A celebratory parade organized by the Chinese was washed out by torrential rain, and the grand finale of a firework display, described as `a bold statement..... embodying confidence in the future of Hong Kong` fizzled out when one of the firework barges caught fire. The omens are not necessarily good for the territory`s oil industry either. (author)

  20. Chaos in oil prices? Evidence from futures markets

    International Nuclear Information System (INIS)

    Adrangi, B.; Chatrath, A.; Dhanda, K.K.; Raffiee, K.

    2001-01-01

    We test for the presence of low-dimensional chaotic structure in crude oil, heating oil, and unleaded gasoline futures prices from the early 1980s. Evidence on chaos will have important implications for regulators and short-term trading strategies. While we find strong evidence of non-linear dependencies, the evidence is not consistent with chaos. Our test results indicate that ARCH-type processes, with controls for seasonal variation in prices, generally explain the non-linearities in the data. We also demonstrate that employing seasonally adjusted price series contributes to obtaining robust results via the existing tests for chaotic structure. Maximum likelihood methodologies, that are robust to the non-linear dynamics, lend support for Samuelson's hypothesis on contract-maturity effects in futures price-changes. However, the tests for chaos are not found to be sensitive to the maturity effects in the futures contracts. The results are robust to controls for the oil shocks of 1986 and 1991

  1. The future of the oil and gas industry

    International Nuclear Information System (INIS)

    Morrison, G.

    1998-01-01

    A review of the state of the Canadian oil and gas industry for 1997 was presented. In 1997, capital investment levels were at $19 billion with oil, gas and gas by-products production valued at $31 billion. Exports were strong and set to grow further. As far as the Yukon is concerned, the availability of increased incentives and the announcement of a common royalty regime for the Territory have helped to increase interest by outside capital. Ongoing efforts are being made to include First Nations communities in the public consultation processes, and to ensure significant benefits to First Nation people from any development. The industry's initiatives and approaches to exploration, development and production were outlined. Environmental initiatives to protect the wilderness, and the existing ecosystem were described with examples from Alberta (Special Places 2000) and from British Columbia (BC Northern Rockies (Muskwa-Kechika; marine protected areas). 1 fig

  2. An Empirical Analysis of the Price Discovery Function of Shanghai Fuel Oil Futures Market

    Institute of Scientific and Technical Information of China (English)

    Wang Zhen; Liu Zhenhai; Chen Chao

    2007-01-01

    This paper analyzes the role of price discovery of Shanghai fuel oil futures market by using methods, such as unit root test, co-integration test, error correction model, Granger causality test, impulse-response function and variance decomposition. The results showed that there exists a strong relationship between the spot price of Huangpu fuel oil spot market and the futures price of Shanghai fuel oil futures market. In addition, the Shanghai fuel oil futures market exhibits a highly effective price discovery function.

  3. National Oil Companies and their role in international market

    International Nuclear Information System (INIS)

    2007-01-01

    Thirteen of the top 20 international helders of oil and gas reserves are either traditional national oil company (NOC) or newly privatised NOC. The growing importance of NOC in the international energy markets raises questions about emerging policies, objectives and priorities of these organizations since, historically, geopolitical and strategic aims in addition to purely commercial considerations are factored into their foreign investment decisions [it

  4. Energy technologies at Sandia National Laboratories: Past, Present, Future

    Energy Technology Data Exchange (ETDEWEB)

    1989-08-01

    We at Sandia first became involved with developing energy technology when the nation initiated its push toward energy independence in the early 1970s. That involvement continues to be strong. In shaping Sandia's energy programs for the 1990s, we will build on our track record from the 70s and 80s, a record outlined in this publication. It contains reprints of three issues of Sandia's Lab News that were devoted to our non-nuclear energy programs. Together, they summarize the history, current activities, and future of Sandia's diverse energy concerns; hence my desire to see them in one volume. Written in the fall of 1988, the articles cover Sandia's extremely broad range of energy technologies -- coal, oil and gas, geothermal, solar thermal, photovoltaics, wind, rechargeable batteries, and combustion.

  5. Oil and nuclear power: Past, present, and future

    International Nuclear Information System (INIS)

    Toth, Ferenc L.; Rogner, Hans-Holger

    2006-01-01

    The relationship between oil and nuclear energy in the global energy scene over the past 50 years is analysed. The former nuclear-oil product competition in power generation and various end-use markets is found to have transformed into a complementary relationship. Current concerns associated with both energy sources and related technologies, including price volatility, supply security, geopolitical sensitivity, depletion alarms, and environmental pollution issues for oil, economic performance, operational safety, proliferation, terrorism, radioactive waste disposal, and the resulting public acceptance for nuclear are examined as determinants of their future roles in the world energy balance. An assessment of the long-term prospects for oil and nuclear energy is presented at the scale of a century to support further economic and energy policy analyses. It is the first in-depth study of global energy projections based on a comparative examination of long-term socio-economic scenarios and their coordinated quantifications by a set of integrated energy-economy models

  6. Oil Price Forecasting Using Crack Spread Futures and Oil Exchange Traded Funds

    Directory of Open Access Journals (Sweden)

    Hankyeung Choi

    2015-04-01

    Full Text Available Given the emerging consensus from previous studies that crude oil and refined product (as well as crack spread prices are cointegrated, this study examines the link between the crude oil spot and crack spread derivatives markets. Specifically, the usefulness of the two crack spread derivatives products (namely, crack spread futures and the ETF crack spread for modeling and forecasting daily OPEC crude oil spot prices is evaluated. Based on the results of a structural break test, the sample is divided into pre-crisis, crisis, and post-crisis periods. We find a unidirectional relationship from the two crack spread derivatives markets to the crude oil spot market during the post-crisis period. In terms of forecasting performance, the forecasting models based on crack spread futures and the ETF crack spread outperform the Random Walk Model (RWM, both in-sample and out-of-sample. In addition, on average, the results suggest that information from the ETF crack spread market contributes more to the forecasting models than information from the crack spread futures market.

  7. National oil companies' presence to hike US refining competition

    International Nuclear Information System (INIS)

    Anon.

    1992-01-01

    This paper reports that the downstream segment of the U.S. petroleum business is virtually certain to become more competitive because of the growing presence of national oil companies in the country's refining industry. That's a forecast by New York investment firm Kidder Peabody. It cites a plan by Mexico's Petroleos Mexicanos (Pemex) to form a joint venture with Shell Oil Co. covering Shell's 225,000 b/d Deer Park, Tex., refinery as the latest example of national oil companies' movement into U.S. refining

  8. Future of oil and gas development in the western Amazon

    International Nuclear Information System (INIS)

    Finer, Matt; Babbitt, Bruce; Novoa, Sidney; Ferrarese, Francesco; Pappalardo, Salvatore Eugenio; Marchi, Massimo De; Saucedo, Maria; Kumar, Anjali

    2015-01-01

    The western Amazon is one of the world’s last high-biodiversity wilderness areas, characterized by extraordinary species richness and large tracts of roadless humid tropical forest. It is also home to an active hydrocarbon (oil and gas) sector, characterized by operations in extremely remote areas that require new access routes. Here, we present the first integrated analysis of the hydrocarbon sector and its associated road-building in the western Amazon. Specifically, we document the (a) current panorama, including location and development status of all oil and gas discoveries, of the sector, and (b) current and future scenario of access (i.e. access road versus roadless access) to discoveries. We present an updated 2014 western Amazon hydrocarbon map illustrating that oil and gas blocks now cover 733 414 km 2 , an area much larger than the US state of Texas, and have been expanding since the last assessment in 2008. In terms of access, we documented 11 examples of the access road model and six examples of roadless access across the region. Finally, we documented 35 confirmed and/or suspected untapped hydrocarbon discoveries across the western Amazon. In the Discussion, we argue that if these reserves must be developed, use of the offshore inland model—a method that strategically avoids the construction of access roads—is crucial to minimizing ecological impacts in one of the most globally important conservation regions. (letter)

  9. The oil policies of the Gulf Arab Nations

    Energy Technology Data Exchange (ETDEWEB)

    Ripple, R.D.; Hagen, R.E.

    1995-03-01

    At its heart, Arab oil policy is inseparable from Arab economic and social policy. This holds whether we are talking about the Arab nations as a group or each separately. The seven Arab nations covered in this report-Bahrain, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates--participate in several organizations focusing on regional cooperation regarding economic development, social programs, and Islamic unity, as well as organizations concerned with oil policies. This report focuses on the oil-related activities of the countries that may reveal the de facto oil policies of the seven Persian Gulf nations. Nevertheless it should be kept in mind that the decision makers participating in the oil policy organizations are also involved with the collaborative efforts of these other organizations. Oil policies of five of the seven Arab nations are expressed within the forums of the Organization of Petroleum Exporting Countries (OPEC) and the Organization of Arab Petroleum Exporting Countries (OAPEC). Only Oman, among the seven, is not a member of either OAPEC or OPEC; Bahrain is a member of OAPEC but not of OPEC. OPEC and OAPEC provide forums for compromise and cooperation among their members. Nevertheless, each member state maintains its own sovereignty and follows its own policies. Each country deviates from the group prescription from time to time, depending upon individual circumstances.

  10. Big questions cloud Iraq's future role in world oil market

    International Nuclear Information System (INIS)

    Tippee, B.

    1992-01-01

    This paper reports that Iraq raises questions for the world oil market beyond those frequently asked about when and under what circumstances it will resume exports. Two wars since 1981 have obscured encouraging results from a 20 year exploration program that were only beginning to come to light when Iraq invaded Kuwait in August 1990. Those results indicate the country might someday be able to produce much more than the 3.2 million b/d it was flowing before a United Nations embargo blocked exports. If exploratory potential is anywhere near what officials asserted in the late 1980s, and if Iraq eventually turns hospitable to international capital, the country could become a world class opportunity for oil companies as well as an exporter with productive capacity approaching that of Saudi Arabia. But political conditions can change quickly. Under a new, secular regime, Iraq might welcome non-Iraqi oil companies and capital as essential to economic recovery. It's a prospect that warrants a new industry look at what the country has revealed about its geology and exploration history

  11. A study on the future of unconventional oil development under different oil price scenarios: A system dynamics approach

    International Nuclear Information System (INIS)

    Hosseini, Seyed Hossein; Shakouri, Hamed G.

    2016-01-01

    Fluctuations in the oil global market has been a critical topic for the world economy so that analyzing and forecasting the conventional oil production rate has been examined by many researchers thoroughly. However, the dynamics of the market has not been studied systematically with regard to the new emerging competitors, namely unconventional oil. In this paper, the future trend of conventional and unconventional oil production and capacity expansion rates are analyzed using system dynamics approach. To do so, a supply-side modeling approach is utilized while main effective loops are modeled mathematically as follows: technological learning and progress, long and short-term profitability of oil capacity expansion and production, and oil proved reserve limitations. The proposed model is used to analyze conventional and unconventional oil production shares, up to 2025, under different oil price scenarios. The results show that conventional oil production rate ranges from 79.995 to 87.044 MB/day, which is 75–80 percent of total oil production rate, while unconventional oil production rate ranges from 19.615 to 28.584 MB/day. Simulation results reveal that unconventional oil can gain a considerable market share in the short run, although conventional oil will remain as the major source for the market in the long run. - Highlights: • Variables and loops affecting oil production are formulated mathematically. • Shares of conventional and unconventional oil in the global oil market is analyzed. • Oil production rate under different oil price scenarios up to 2025 is simulated. • Unconventional oil would obtain a considerable share in market in the short-term. • A late peak for the conventional oil resources would occur.

  12. The adaptation of national companies to a new oil environment

    International Nuclear Information System (INIS)

    Boussena, S.

    1994-01-01

    The national oil companies of exporting countries are facing a changing economic world, a remaining low oil price and many other economic and political changes. They have to adapt to this new environment. To do this they have to define a better balance between their corporate targets and the function which is given to them through state ownership. They need an actual modernization which does not necessarily imply privatization. (Author). 3 figs., 5 tabs

  13. The Cushing OK Crude Oil Futures Price Pass - Through to New York Harbor Reformulated RBOB Regular Gasoline Futures Price

    OpenAIRE

    Chu V. Nguyen

    2017-01-01

    This study utilizes an Autoregressive Distributed Lag model to investigate the nature of crude oil futures price pass-through since 2006. The empirical results reveal a very high but incomplete short-run pass-through rate from the crude oil futures price to the gasoline futures price of 0.849298 with a corresponding negative long-run pass-through rate of -0.2440894. These empirical findings suggest that traders in the U.S. oil and gasoline futures markets overreact to fluctuations in the crud...

  14. The Cushing OK Crude Oil Futures Price Pass - Through to New York Harbor Reformulated RBOB Regular Gasoline Futures Price

    Directory of Open Access Journals (Sweden)

    Chu V. Nguyen

    2017-04-01

    Full Text Available This study utilizes an Autoregressive Distributed Lag model to investigate the nature of crude oil futures price pass-through since 2006. The empirical results reveal a very high but incomplete short-run pass-through rate from the crude oil futures price to the gasoline futures price of 0.849298 with a corresponding negative long-run pass-through rate of -0.2440894. These empirical findings suggest that traders in the U.S. oil and gasoline futures markets overreact to fluctuations in the crude oil futures price as evidenced by subsequent corrections made over the sample period. The result of the bounds test for a long-term relationship between these two futures prices is inconclusive. The empirical findings further suggest that U.S. futures market traders considered futures prices of gasoline three weeks earlier in determining the current trading price while taking only one week to respond completely to the shock in the crude oil futures price.  The empirical findings of this investigation may address the core elements of the price dynamics of the crude oil and gasoline futures markets and advance inquiry into assessment tools that could manage a very complex market challenge, especially for policy makers in countries with transitional economies in Eastern Europe, Caucasus and Central Asia.

  15. Coconut oil and palm oil's role in nutrition, health and national development: A review.

    Science.gov (United States)

    Boateng, Laurene; Ansong, Richard; Owusu, William B; Steiner-Asiedu, Matilda

    2016-09-01

    Coconut and palm oils which were the major sources of dietary fats for centuries in most of West Africa have been branded as unhealthy highly saturated fats. Their consumption has been peddled to supposedly raise the level of blood cholesterol, thereby increasing the risk of coronary heart disease. This adverse view has led to a reduction in their consumption in West Africa and they have been substituted for imported vegetable oils. Recent information however, indicates some beneficial effects of these oils particularly their roles in nutrition, health and national development. There is the need for a better understanding of their effects on health, nutritional status and national development. This paper therefore attempts to review the roles which coconut and palm oils play in these respects in developing countries, as a means of advocating for a return to their use in local diets. None declared.

  16. Strategy of Chavez determines oil future of Venezuela

    International Nuclear Information System (INIS)

    Widdershoven, C.

    2008-01-01

    The perspective of the oil and gas industry remains unclear as long as the current president, Hugo Chavez, continues to implement his own political ideas. The announcement of another tax increase on high oil revenues of oil companies will significantly weaken the appeal to invest in the oil sector. [mk] [nl

  17. World oil and gas resources-future production realities

    International Nuclear Information System (INIS)

    Masters, C.D.; Root, D.H.; Attanasi, E.D.

    1990-01-01

    Welcome to uncertainty was the phrase Jack Schanz used to introduce both layman and professionals to the maze of petroleum energy data that must be comprehended to achieve understanding of this critical commodity. Schanz was referring to the variables as he and his colleagues with Resources for the Future saw them in those years soon after the energy-awakening oil embargo of 1973. In some respects, the authors have made progress in removing uncertainty from energy data, but in general, we simply must accept that there are many points of view and many ways for the blindman to describe the elephant. There can be definitive listing of all uncertainties, but for this paper the authors try to underscore those traits of petroleum occurrence and supply that the author's believe bear most heavily on the understanding of production and resource availability. Because oil and gas exist in nature under such variable conditions and because the products themselves are variable in their properties, the authors must first recognize classification divisions of the resource substances, so that the reader might always have a clear perception of just what we are talking about and how it relates to other components of the commodity in question

  18. Oil fiscal regimes and national oil companies: A comparison between Pemex and Petrobras

    International Nuclear Information System (INIS)

    Ramírez-Cendrero, Juan M.; Paz, María J.

    2017-01-01

    Analysis of the determinants of the performance of national oil companies (NOCs) is and has always been among the most discussed topics in specialized literature. In this context, the uneven path experienced by two major Latin American NOCs – Petrobras and Pemex – is striking. Our work seeks to explain the uneven performance, focusing on the productive aspects. In particular, we analyze the oil fiscal regimes in Brazil and Mexico as a very crucial aspect – though not the only one – within oil-rich countries that may shed light on the disparities between Petrobras and Pemex. The contribution of our work to the existing literature derives from the relationship that we establish between the characteristics of the respective oil fiscal regimes and the productive performance of the two NOCs, with special consideration paid to the ways in which a fiscal regime contributes, or not, to promoting and guiding the investment efforts of companies. We compare investment, production, and reserve indicators of Pemex and Petrobras and conclude that the Mexican and Brazilian oil fiscal regimes can largely explain the productive and investor performance of both NOCs. - Highlights: • We analyze the oil fiscal regimes in Brazil and Mexico. • We outline the major features in both national oil companies, Petrobras and Pemex. • We compare investment, production, and reserve indicators of Pemex and Petrobras. • We conclude that the OFRs largely explain the productive performance of the NOCs.

  19. Increased oil recovery: secondary and tertiary. Application and future prospect

    Energy Technology Data Exchange (ETDEWEB)

    Whiting, R L

    1978-01-01

    Oil is initially produced using the nature reservoir pressure present, in a process called primary oil recovery. Secondary recovery uses artificial means to increase the natural reservoir pressure; tertiary, or enhanced oil recovery, uses a number of methods to enhance the flow characteristics of the oil. The scope for such techniques to increase the yield from oil fields in the US is estimated; the practicality of their application is shown to be particularly dependent upon pricing, taxation, and other existing policies. 16 references.

  20. 75 FR 44920 - National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List...

    Science.gov (United States)

    2010-07-30

    ... State Registry of Inactive Hazardous Waste Disposal Sites as a ``Class 2 Inactive Hazardous Waste Site..., Chemicals, Hazardous waste, Hazardous substances, Intergovernmental relations, Natural resources, Oil... and Hazardous Substances Pollution Contingency Plan; National Priorities List: Deletion of the SMS...

  1. Factors affecting future crude oil production in South East Asia

    International Nuclear Information System (INIS)

    Baugh, M.A.

    1996-01-01

    In the face of booming regional demand, crude oil production in the South East Asian region will decline from a 1996 peak of 5.7 million barrels a day to 3.5 million barrels a day in 2005 unless major new exploration investments are undertaken. The current fiscal terms for such investment will not attract continued significant funds to the region given the low crude price outlook, tough competitive global environment for the upstream industry, and the emergence of more attractive fiscal terms in politically and commercially stable countries with proven prospectivity. There is evidence from the emerging trend toward fiscal terms softening and differentiation around risk in some countries, that the commercial reality is becoming accepted. It remains to be seen if the various national political, bureaucratic and industry constituencies guiding these decisions within the region can respond decisively to mitigate the growing crude import dependency. (author). 2 tabs

  2. Future prospects for palm oil refining and modifications

    Directory of Open Access Journals (Sweden)

    Gibon Véronique

    2009-07-01

    Full Text Available Palm oil is rich in minor components that impart unique nutritional properties and need to be preserved. In this context, refining technologies have been improved, with the dual temperature deodorizer, the double condensing unit and the ice condensing system. The DOBI is a good tool to assess quality of the crude palm oil and its ability to be properly refined. Specially refined oils open a market for new high quality products (golden palm oil, red palm oil, white soaps, etc.. Palm oil is a good candidate for the multi-step dry fractionation process, aiming to the production of commodity oils and specialty fats (cocoa butter replacers. New technological developments allow quality and yield improvements. Palm oil and fractions are also valuable feedstock for enzymatic interesterification in which applications are for commodity oil (low-trans margarines and shortenings and for special products (cocoa butter equivalents, infant formulation, ….

  3. The Future of the Automobile in an Oil-Short World. Worldwatch Paper 32.

    Science.gov (United States)

    Brown, Lester R.; And Others

    Possible future roles and designs of cars are examined in light of depletion of the earth's oil reserves. A major problem with regard to the rapidly changing world oil outlook is that cars will be competing with more essential claiments for scarce oil supplies including food production, industrial power, home heating, and running trucks and…

  4. The Future of the National Laboratories

    Energy Technology Data Exchange (ETDEWEB)

    Hartley, D.

    1997-12-31

    The policy debate that has surrounded the national laboratories of the Department of Energy since the end of the Cold War has been very confusing. Initially, with the passage of the National Competitiveness Technology Transfer Act of 1989, the laboratories were encouraged to form cooperative arrangements with industry to maintain their technology base and give a boost for U.S. industrial competitiveness. But in the 104th Congress, technology transfer programs were severely constrained.

  5. Is Estonian oil shale beneficial in the future?

    International Nuclear Information System (INIS)

    Reinsalu, Enno

    1998-01-01

    Oil shale mining production reached its maximum level of 31.35·10 6 tonnes per year in 1980. After the eighties there was a steady decline in mining. The first scientific prognoses of the inescapable decrease in oil shale mining were published in 1988. According to this, the Estonian oil shale industry would vanish in the third decade of the next century. From the beginning of the nineties, the consumption and export of electricity have dropped in Estonia. The minimum level of oil shale mining was 13.5·10 6 tonnes per year. This occurred in 1994/1995. Some increase in consumption of electric power and oil shale began at the end of 1995. Oil shale processing began to increase gradually in 1993. Oil shale is the most important fuel in Estonia today. In 1997, oil shale provided 76% of Estonia's primary energy supply and accounted for 57% of its economic value. Oil shale is the cheapest fuel in Estonia. Nowadays, oil shale provides an essential part of the fuel supply in Estonia because it is considerably cheaper than other fuels. Oil shale costs EEK 12.16 per G J. At the same time, coal costs EEK 23.41 per G J and peat costs EEK 14.80 per G J (year 1997). There are three important customers of oil shale: the electric power company Eesti Energia, the oil processing company Kiviter and the factory Kunda Nordic Cement. In 1995, the power company utilised 81% of the oil shale mass and 77% of its heating value. The state energy policy inhibits increases in the oil shale price even though the mining infrastructure is decaying. Government price policies subside oil shale processing. The energy of oil shale processing is 1.9 times cheaper than the heating value of raw oil shale for power stations. It could be considered as a state subsidisation of oil and cement export at the expense of electricity. The subsidy assigned to oil processing was of EEK 124·10 6 and to the cement industry of EEK 8.4·10 6 in year 1997 (based on heating value). State regulation of prices and

  6. Future role of Gulf oil in world energy demand

    International Nuclear Information System (INIS)

    Eltony, M.N.

    1998-01-01

    The view that there will be a growing dependence on oil from the Gulf countries is shared by a great number of oil market analysts. This view is based on the fact that Gulf countries dominate the global oil reserves. Energy analyst argue that as the world demand for oil continues to grow driven largely by the growth in developing countries' consumption coupled with constrained non-OPEC supply, the end result will be that the call on Gulf oil will grow substantially. In summary, this paper has challenged the view of growing dependence on oil from the Gulf using available information in conjunction with reasonable and fairly plausible arguments. The aim was to point out to the GCC member counties the danger of relying on these views in shaping their economic policies and in setting their oil market strategies. They may run the ultimate risk of being left with huge oil reserves that no one wants. (orig.)

  7. Crude operators: the future of the oil industry

    International Nuclear Information System (INIS)

    Rowell, Andrew.

    1997-01-01

    Technological advances and the maturity of existing oil fields have spurred oil companies to explore for oil and extract it from previously inaccessible or ''frontier'' areas, both offshore and onshore. In many cases, such prospecting and production will have severe environmental impacts and serious social, ethical and cultural consequences. The challenge is not just to halt such exploration and extraction, but to halt oil consumption itself. (author)

  8. The future of oil and bioethanol in Brazil

    International Nuclear Information System (INIS)

    Moreira, Jose R.; Pacca, Sergio A.; Parente, Virginia

    2014-01-01

    This work compares the return on investments (ROI) of oil versus biofuels in Brazil. Although several renewable energy sources might displace oil, the country's forte is sugarcane biofuels. In our analysis we carry out simplified benefit–cost analyses of producing oil fields, pre-salt oil fields (without and with enhanced oil recovery), a business as the usual ethanol scenario, and a high ethanol scenario. Excluding the ROI from existing oil fields, which is the highest, when the discount rate is 4% or more, the ROI of the high ethanol scenario is greater than that of the ROI of pre-salt oil. Considering a US$40/t CO 2 tax, the high ethanol scenario's ROI is greater than the pre-salt oil's ROI if a discount rate of 2% or more is adopted. Moreover, the high ethanol scenario throughput up to 2070 compares to 97% of the pre-salt oil reserve without EOR, and demands 78% of its investment. Pre-salt oil production declines beyond 2042 when the country might become a net oil importer. In contrast, ethanol production reaches 2.1 million boe per day, and another 0.9 million boe of fossil demand is displaced through bioelectricity, yielding a total of 3 million boe (62% of the country's oil demand). - Highlights: • Cost-benefit analyses of pre-salt and biofuels in Brazil. • Hubbert model applied to pre-salt oil reserves. • Sustainable energy scenarios. • Carbon mitigation accounting based on biofuel scenarios. • Enhanced oil recovery effect on pre-salt oil reserves

  9. Market Efficiency of Oil Spot and Futures: A Stochastic Dominance Approach

    NARCIS (Netherlands)

    H.H. Lean (Hooi Hooi); M.J. McAleer (Michael); W.-K. Wong (Wing-Keung)

    2010-01-01

    textabstractThis paper examines the market efficiency of oil spot and futures prices by using a stochastic dominance (SD) approach. As there is no evidence of an SD relationship between oil spot and futures, we conclude that there is no arbitrage opportunity between these two markets, and that both

  10. The national oil companies and the modernization of tax regimes in oil exporting countries

    International Nuclear Information System (INIS)

    Rodriguez-Padilla, V.

    1994-01-01

    The analysis of tax regimes for oil national companies leads through three conclusions : i) current tax regimes are economically inefficient but they may be corrected without changing the institutional framework ; ii) there is no optimal tax regime but certain principles such as equity, adaptability and neutrality have to be respected; iii) contracts and concessions might be appropriated tools while maintaining the monopoly of the national company but such a choice poses political and ideological problems. (Author). 26 refs., 1 fig., 1 tab

  11. 75 FR 33747 - National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List...

    Science.gov (United States)

    2010-06-15

    ... and Hazardous Substances Pollution Contingency Plan; National Priorities List: Notice of Intent for... Notice of Intent to Delete the soils of Operable Unit 1 and the underlying ground water of the... National Oil and Hazardous Substances Pollution Contingency Plan (NCP). The EPA and the State of Texas...

  12. 78 FR 73449 - National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List...

    Science.gov (United States)

    2013-12-06

    ... Substances Pollution Contingency Plan (NCP). This partial deletion pertains to the soil of 1,154 residential...] National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List: Partial Deletion of the Omaha Lead Superfund Site AGENCY: Environmental Protection Agency (EPA). ACTION: Final rule...

  13. 76 FR 70105 - National Oil and Hazardous Substance Pollution Contingency Plan National Priorities List: Partial...

    Science.gov (United States)

    2011-11-10

    ... and Hazardous Substance Pollution Contingency Plan National Priorities List: Partial Deletion of the... appendix of the National Oil and Hazardous Substances Pollution Contingency Plan (NCP). EPA and the State... property PINs listed above. The deletion of these two parcels from the Site affects all surface soils...

  14. 76 FR 45484 - National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List...

    Science.gov (United States)

    2011-07-29

    ... and Hazardous Substances Pollution Contingency Plan; National Priorities List: Notice of Intent for..., as amended, is an appendix of the National Oil and Hazardous Substances Pollution Contingency Plan... PBL Superfund Site without prior Notice of Intent for Deletion because EPA views this as a...

  15. 78 FR 69360 - National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List...

    Science.gov (United States)

    2013-11-19

    ...] National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List: Partial... and Hazardous Substances Pollution Contingency Plan (NCP). The EPA and the State of California... Corp Air Station Superfund Site without prior Notice of Intent for Partial Deletion because EPA views...

  16. 76 FR 18136 - National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List...

    Science.gov (United States)

    2011-04-01

    ... and Hazardous Substances Pollution Contingency Plan; National Priorities List: Deletion of the Norwood... amended, is an appendix of the National Oil and Hazardous Substances Pollution Contingency Plan (NCP). The... we view this as a noncontroversial revision and anticipate no adverse comment. We have explained our...

  17. 78 FR 48844 - National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List...

    Science.gov (United States)

    2013-08-12

    ... and Hazardous Substances Pollution Contingency Plan; National Priorities List: Deletion of the Mosley... National Oil and Hazardous Substances Pollution Contingency Plan (NCP). The EPA and the State of Oklahoma... Deletion of the MRSL Superfund Site without prior Notice of Intent to Delete because we view this as a...

  18. 75 FR 43115 - National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List...

    Science.gov (United States)

    2010-07-23

    ... and Hazardous Substances Pollution Contingency Plan; National Priorities List: Intent to Partially..., as amended, is an appendix of the National Oil and Hazardous Substances Pollution Contingency Plan... Intent for Partial Deletion because EPA views this as a noncontroversial revision and anticipates no...

  19. 75 FR 47521 - National Oil and Hazardous Substance Pollution Contingency Plan; National Priorities List: Intent...

    Science.gov (United States)

    2010-08-06

    ... and Hazardous Substance Pollution Contingency Plan; National Priorities List: Intent To Delete the... appendix of the National Oil and Hazardous Substances Pollution Contingency Plan (NCP). The EPA and the... Corporation (Markhams) Superfund Site without prior notice of intent to delete because we view this as a...

  20. 78 FR 66325 - National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List...

    Science.gov (United States)

    2013-11-05

    ...] National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List: Deletion of the... Substances Pollution Contingency Plan (NCP). The EPA and the State of South Carolina, through the South... because we view this as a noncontroversial revision and anticipate no adverse comment. We have explained...

  1. 78 FR 60809 - National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List...

    Science.gov (United States)

    2013-10-02

    ...] National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List: Deletion of the... Substances Pollution Contingency Plan (NCP). EPA and the State of New York, through the New York State... Deletion of the Site without prior Notice of Intent to Delete because EPA views this as a noncontroversial...

  2. 76 FR 81904 - National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List...

    Science.gov (United States)

    2011-12-29

    ... and Hazardous Substances Pollution Contingency Plan; National Priorities List: Deletion of the Hipps..., as amended, is an appendix of the National Oil and Hazardous Substances Pollution Contingency Plan... of Intent to Delete because we view this as a noncontroversial revision and anticipate no adverse...

  3. 75 FR 54821 - National Oil and Hazardous Substance Pollution Contingency Plan; National Priorities List; Intent...

    Science.gov (United States)

    2010-09-09

    ... and Hazardous Substance Pollution Contingency Plan; National Priorities List; Intent for Partial... amended, is an Appendix of the National Oil and Hazardous Substances Pollution Contingency Plan (NCP). The... Superfund Site without prior Notice of Intent for Partial Deletion because EPA views this as a...

  4. Mining and oil. Oil shale's contribution to future oil supply; Bergbau und Oel. Der Beitrag des Oelschiefers zur Oelversorgung

    Energy Technology Data Exchange (ETDEWEB)

    Linden, Eike von der [Linden Advisory, Dreieich (Germany)

    2012-05-15

    Crude oil contributes in Germany and globally approximately one third to the consumption of primary energies and actually is and in the foreseeable future will be the most important energy source. Recently shale oil as an unconventional oil has gained attention in public discussions. Depending on temperatures oil shale contains either already matured fluid shale oil or immature waxy kerogen. For determination of kerogen containing oil shale and shale oil common definitions for fluid hydrocarbons will be presented. Fluid hydrocarbons (molecular chains > C{sub 5}H{sub 12}) originate from animal substance which had been settled millions of years in sediments on sea- or lakebeds under anaerobic conditions. High pressure and high temperatures effect conversion to hydrocarbons. With sufficient permeability the liquid hydrocarbons migrate from the sediment as the source rock and get assembled in porous rocks under the cover of an impermeable rock strata, in so called entrapment structures. In case there is no impermeable rock strate the hydrocarbons will diffuse into the atmosphere. The hydrocarbons in entrapment structures are called conventional oil and are extracted by drilling wells. The extractable oil as part of the oil in place depends on the viscosity of the oil, the permeability of the host rock and applied exploitation methods which can affect pressure, viscosity and permeability. The exploitation achieves 30 to 50% of the oil in place. When the source rock consisting of strata hundreds of meters thick is not sufficiently permeable the matured hydrocarbons remain at its place of origination. These hydrocarbons are called shale oil and belong to the unconventional oil resources. For exploitation of shale oil by wells the source rock must be treated by intensive energy input, amongst others, by fracking which creates artificial permeability and by pressure which affects migration of the hydrocarbons to the well. The exploitation methods for shale oil do not

  5. Oil and the world economy: some possible futures.

    Science.gov (United States)

    Kumhof, Michael; Muir, Dirk

    2014-01-13

    This paper, using a six-region dynamic stochastic general equilibrium model of the world economy, assesses the output and current account implications of permanent oil supply shocks hitting the world economy. For modest-sized shocks and conventional production technologies, the effects are modest. But for larger shocks, for elasticities of substitution that decline as oil usage is reduced to a minimum, and for production functions in which oil acts as a critical enabler of technologies, output growth could drop significantly. Also, oil prices could become so high that smooth adjustment, as assumed in the model, may become very difficult.

  6. Unbiasedness and time varying risk premia in the crude oil futures market

    International Nuclear Information System (INIS)

    Moosa, I.A.; Al-Loughani, N.E.

    1994-01-01

    This paper presents some empirical evidence on market efficiency and unbiasedness in the crude oil futures market and some related issues. On the basis of monthly observations on spot and futures prices of the West Texas Intermediate (WTI) crude oil, several tests are carried out on the relevant hypotheses. The evidence suggests that futures prices are neither unbiased nor efficient forecasters of spot prices. Furthermore, a GARCH-M(1,1) model reveals the existence of a time varying risk premium. (author)

  7. Testing market efficiency of crude palm oil futures to European participants

    OpenAIRE

    Liu, Xing

    2009-01-01

    Palm oil is the most consumed and traded vegetable oils in the EU and the world. Increasing non-food uses for vegetable oils in especially feedstock of biofuels in recent years have caused the price volatility to rise in both EU and global market. The most efficient pricing of crude palm oil (CPO) is to found on Bursa Malaysia (BMD), and it provides by far the world’s most liquid palm oil contract. The goal of this study is to investigate CPO futures market efficiency of BMD for the European ...

  8. Oil and Gas in the Netherlands - Is there a future?

    NARCIS (Netherlands)

    Herber, R.; de Jager, J.

    The impact of oil and, in particular, gas fields discovered in the Dutch subsurface has been very significant. However, 50 years after the discovery of the giant Groningen gas field the Netherlands has become very mature for exploration of oil and gas, and the gas volume left to be discovered in

  9. The future of the oil and gas industry

    International Nuclear Information System (INIS)

    1998-01-01

    Changes are under way that are moving the oil and gas industry in Norway toward the creation of global energy companies in a global energy market. According to the author, three key forces are creating the changes of oil and gas companies comprising a global market for energy, growing demand - ample supply, and the end-user. 5 figs

  10. The future of western societies: multicultural identity or extreme nationalism?

    NARCIS (Netherlands)

    van der Veer, C.G.

    2003-01-01

    The Y2K study assumed that ideas about the future among the young generation might tell something about the direction of that future, since it would be increasingly in charge. The respondents in 1967 tended to hope for more equality (classes, genders, nations, races) but were pessimistic in their

  11. The heavy oil refiners needs in the future

    International Nuclear Information System (INIS)

    Sauer, J.W.

    1991-01-01

    In the 1970s oil crisis, the high price differential that developed between heavy and light crude led to an expansion in heavy crude processing geared to producing light oil products. The subsequent collapse in prices meant that heavy crudes with low netbacks were shut in, heavy crude refining capacity exceeded the restrained production of heavy crudes, and refineries were operating at losses. However, the low prices for oil rekindled demand and spare production capacity has been absorbed. The crude oil price is forecast to rise to ca $27/bbl by the late 1990s, which is favorable for heavy crude oil production. Nevertheless, investments in heavy crude production are exposed to a high degree of risk. A strategy for dealing with this risk is to integrate into downstream, which makes more sense for heavy crude producers than for conventional producers. On the other hand, such integration is capital-intensive, and light oils will likely be favored in crude oil production developments for the next several years. Low prices for natural gas will make it hard to find markets for residual fuel made from heavy crudes. 8 figs

  12. Market efficiency of oil spot and futures: A mean-variance and stochastic dominance approach

    International Nuclear Information System (INIS)

    Lean, Hooi Hooi; McAleer, Michael; Wong, Wing-Keung

    2010-01-01

    This paper examines the market efficiency of oil spot and futures prices by using both mean-variance (MV) and stochastic dominance (SD) approaches. Based on the West Texas Intermediate crude oil data for the sample period 1989-2008, we find no evidence of any MV and SD relationships between oil spot and futures indices. This infers that there is no arbitrage opportunity between these two markets, spot and futures do not dominate one another, investors are indifferent to investing spot or futures, and the spot and futures oil markets are efficient and rational. The empirical findings are robust to each sub-period before and after the crises for different crises, and also to portfolio diversification.

  13. Is there co-movement of agricultural commodities futures prices and crude oil?

    International Nuclear Information System (INIS)

    Natanelov, Valeri; Alam, Mohammad J.; McKenzie, Andrew M.; Van Huylenbroeck, Guido

    2011-01-01

    Even though significant attempts have appeared in literature, the current perception of co-movement of commodity prices appear inadequate and static. In particular we focus on price movements between crude oil futures and a series of agricultural commodities and gold futures. A comparative framework is applied to identify changes in relationships through time and various cointegration methodologies and causality tests are employed. Our results indicate that co-movement is a dynamic concept and that some economic and policy development may change the relationship between commodities. Furthermore we show that biofuel policy buffers the co-movement of crude oil and corn futures until the crude oil prices surpass a certain threshold. - Highlights: → We show that co-movement of commodity futures is a temporal concept. → A variation in parallel movement between 2 large periods occurs. → Biofuel policy buffers parallel movement of corn and crude oil futures

  14. Is there co-movement of agricultural commodities futures prices and crude oil?

    Energy Technology Data Exchange (ETDEWEB)

    Natanelov, Valeri, E-mail: valeri.natanelov@ugent.be [Department of Agricultural Economics, Ghent University, Coupure links 653, 9000 Ghent (Belgium); Alam, Mohammad J. [Department of Agricultural Economics, Ghent University, Coupure links 653, 9000 Ghent (Belgium); Department of Agribusiness and Marketing, Bangladesh Agricultural University (Bangladesh); McKenzie, Andrew M. [Department of Agricultural Economics and Agribusiness, University of Arkansas, AR (United States); Van Huylenbroeck, Guido [Department of Agricultural Economics, Ghent University, Coupure links 653, 9000 Ghent (Belgium)

    2011-09-15

    Even though significant attempts have appeared in literature, the current perception of co-movement of commodity prices appear inadequate and static. In particular we focus on price movements between crude oil futures and a series of agricultural commodities and gold futures. A comparative framework is applied to identify changes in relationships through time and various cointegration methodologies and causality tests are employed. Our results indicate that co-movement is a dynamic concept and that some economic and policy development may change the relationship between commodities. Furthermore we show that biofuel policy buffers the co-movement of crude oil and corn futures until the crude oil prices surpass a certain threshold. - Highlights: > We show that co-movement of commodity futures is a temporal concept. > A variation in parallel movement between 2 large periods occurs. > Biofuel policy buffers parallel movement of corn and crude oil futures

  15. Market efficiency of oil spot and futures: A mean-variance and stochastic dominance approach

    Energy Technology Data Exchange (ETDEWEB)

    Lean, Hooi Hooi [Economics Program, School of Social Sciences, Universiti Sains Malaysia (Malaysia); McAleer, Michael [Econometric Institute, Erasmus School of Economics, Erasmus University Rotterdam, and, Tinbergen Institute (Netherlands); Wong, Wing-Keung, E-mail: awong@hkbu.edu.h [Department of Economics, Hong Kong Baptist University (Hong Kong)

    2010-09-15

    This paper examines the market efficiency of oil spot and futures prices by using both mean-variance (MV) and stochastic dominance (SD) approaches. Based on the West Texas Intermediate crude oil data for the sample period 1989-2008, we find no evidence of any MV and SD relationships between oil spot and futures indices. This infers that there is no arbitrage opportunity between these two markets, spot and futures do not dominate one another, investors are indifferent to investing spot or futures, and the spot and futures oil markets are efficient and rational. The empirical findings are robust to each sub-period before and after the crises for different crises, and also to portfolio diversification.

  16. Market efficiency of oil spot and futures. A mean-variance and stochastic dominance approach

    Energy Technology Data Exchange (ETDEWEB)

    Lean, Hooi Hooi [Economics Program, School of Social Sciences, Universiti Sains Malaysia (Malaysia); McAleer, Michael [Econometric Institute, Erasmus School of Economics, Erasmus University Rotterdam (Netherlands); Wong, Wing-Keung [Department of Economics, Hong Kong Baptist University (China); Tinbergen Institute (Netherlands)

    2010-09-15

    This paper examines the market efficiency of oil spot and futures prices by using both mean-variance (MV) and stochastic dominance (SD) approaches. Based on the West Texas Intermediate crude oil data for the sample period 1989-2008, we find no evidence of any MV and SD relationships between oil spot and futures indices. This infers that there is no arbitrage opportunity between these two markets, spot and futures do not dominate one another, investors are indifferent to investing spot or futures, and the spot and futures oil markets are efficient and rational. The empirical findings are robust to each sub-period before and after the crises for different crises, and also to portfolio diversification. (author)

  17. National and multinational oil companies. Strategy and performance

    International Nuclear Information System (INIS)

    Baddout, J.

    2009-01-01

    This article seeks to analyse the competition that has developed since the 1970's between the Majors and national oil companies o OPEC (NOCs) for the control of the global oil market. The excess production capacity strategy that the NOCs long followed was based on the exploitation of huge and low production cost oil reserves (static advantage) while that of the Majors has been based on the R and D of new technologies (dynamic advantage). The choice of NOCs did not turn out to be very effective as, apart from being static, excess capacity was not used by the NOCs as a strategically competitive weapon to dissuade Majors om staying in the market, but only to maximize their short-term profits. ts. On the other hand, the Majors' strategy turned out to be more effective, as not only did it allow them to regain their pre-1970 dominant position and to postpone the date of exhaustion of the resource by finding new reserves, and moreover, it dampened oil prices for a considerable period, thus depriving NOCs of part of their economic rent. (author)

  18. Past, Present, and Future Production of Bio-oil

    Energy Technology Data Exchange (ETDEWEB)

    Steele, Philip; Yu, Fei; Gajjela, Sanjeev

    2009-04-01

    Bio-oil is a liquid product produced by fast pyrol-ysis of biomass. The fast pyrolysis is performed by heating the biomass rapidly (2 sec) at temperatures ranging from 350 to 650 oC. The vapors produced by this rapid heating are then condensed to produce a dark brown water-based emulsion composed of frag-ments of the original hemicellulose, cellulose and lignin molecules contained in the biomass. Yields range from 60 to 75% based on the feedstock type and the pyrolysis reactor employed. The bio-oil pro-duced by this process has a number of negative prop-erties that are produced mainly by the high oxygen content (40 to 50%) contributed by that contained in water (25 to 30% of total mass) and oxygenated compounds. Each bio-oil contains hundreds of chemi-cal compounds. The chemical composition of bio-oil renders it a very recalcitrant chemical compound. To date, the difficulties in utilizing bio-oil have limited its commercial development to the production of liq-uid smoke as food flavoring. Practitioners have at-tempted to utilize raw bio-oil as a fuel; they have also applied many techniques to upgrade bio-oil to a fuel. Attempts to utilize raw bio-oil as a combustion engine fuel have resulted in engine or turbine dam-age; however, Stirling engines have been shown to successfully combust raw bio-oil without damage. Utilization of raw bio-oil as a boiler fuel has met with more success and an ASTM standard has recently been released describing bio-oil characteristics in relation to assigned fuel grades. However, commercialization has been slow to follow and no reports of distribution of these bio-oil boiler fuels have been reported. Co-feeding raw bio-oil with coal has been successfully performed but no current power generation facilities are following this practice. Upgrading of bio-oils to hydrocarbons via hydroprocessing is being performed by several organizations. Currently, limited catalyst life is the obstacle to commercialization of this tech-nology. Researchers

  19. Oil and the future: Taking bearings in the greenhouse in a post Brent Spar world

    Energy Technology Data Exchange (ETDEWEB)

    Leggett, J

    1996-12-31

    The paper discusses future oil combustion. A greenhouse-related environmental driving-force seems set to emerge in the capital markets in the years ahead. This will severely compound other already serious environment-related financial problems blighting the oil-industry`s access to capital radar screen. The wise oil company is now, increasingly clearly, the company thinking about how to begin repositioning itself for the twenty-first century as a total energy company. 6 refs.

  20. Oil and the future: Taking bearings in the greenhouse in a post Brent Spar world

    Energy Technology Data Exchange (ETDEWEB)

    Leggett, J.

    1995-12-31

    The paper discusses future oil combustion. A greenhouse-related environmental driving-force seems set to emerge in the capital markets in the years ahead. This will severely compound other already serious environment-related financial problems blighting the oil-industry`s access to capital radar screen. The wise oil company is now, increasingly clearly, the company thinking about how to begin repositioning itself for the twenty-first century as a total energy company. 6 refs.

  1. Forecasting volatility and spillovers in crude oil spot, forward and future markets

    NARCIS (Netherlands)

    C-L. Chang (Chia-Lin); M.J. McAleer (Michael); R. Tansuchat (Roengchai)

    2009-01-01

    textabstractCrude oil price volatility has been analyzed extensively for organized spot, forward and futures markets for well over a decade, and is crucial for forecasting volatility and Value-at-Risk (VaR). There are four major benchmarks in the international oil market, namely West Texas

  2. Analyzing and Forecasting Volatility Spillovers and Asymmetries in Major Crude Oil Spot, Forward and Futures Markets

    NARCIS (Netherlands)

    C-L. Chang (Chia-Lin); M.J. McAleer (Michael); R. Tansuchat (Roengchai)

    2010-01-01

    textabstractCrude oil price volatility has been analyzed extensively for organized spot, forward and futures markets for well over a decade, and is crucial for forecasting volatility and Value-at-Risk (VaR). There are four major benchmarks in the international oil market, namely West Texas

  3. A new approach to measure speculation in the oil futures market and some policy implications

    International Nuclear Information System (INIS)

    Chan, Leo H.; Nguyen, Chi M.; Chan, Kam C.

    2015-01-01

    We propose using a new relative measure, the speculative ratio, defined as trading volume divided by open interest, to gauge speculative activity in the oil futures market. We apply the speculative ratio to examine the relation between basis and speculative activity in the oil futures market before and after the financialization of the oil market in 2003. Our finding suggests that the oil futures market is dominated by uninformed speculators in the post-financialization period. Our finding carries several practical policy implications, as follows: (1) both the commodity exchange and the regulator should design regulations and trading policies that improve basis risk; (2) on the commodity exchange side, new policies on margin requirements and position limits for speculators should be implemented; (3) margin requirements should be based on the level of basis risk; (4) regulators should speed up implementation of the position limit rule in the Dodd–Frank Act; and (5) stronger and more meaningful enforcement actions by regulators are required to punish and deter market manipulators. - Highlights: • Use a new speculative ratio to gauge speculative activities in oil futures market. • Examine the relation between basis and speculative activities. • The new speculative ratio also works well in the post-2008 oil bubble period. • Oil futures market is dominated by uninformed speculators in post-financialization in 2003.

  4. Jojoba oil: A state of the art review and future prospects

    International Nuclear Information System (INIS)

    Sánchez, Marcos; Avhad, Mangesh R.; Marchetti, Jorge M.; Martínez, Mercedes; Aracil, José

    2016-01-01

    Highlights: • Jojoba oil is a unique oil formed by long esters instead of triglycerides. • Jojoba cake is gaining interest because of the extraction of valuable chemicals. • Jojoba oil heterogeneous-catalyzed methanolysis makes the process more profitable. - Abstract: Jojoba oil, which is derived from the extraction of Jojoba seed, has a peculiar molecular structure in comparison with the rest of conventional oils. Jojoba oil is formed by long monounsaturated esters whereas the rest of the oils are usually composed by triglycerides. This unconventional structure confers to Jojoba oil unique properties and characteristics that are very valuable for fine chemical industry and for the production of pharmaceuticals. In addition, Jojoba oil can be an excellent source of fatty acid alkyl esters or biodiesel after the transesterification process and the purification steps. This review presents general information about the production of Jojoba oil and its derivatives, its composition, oil extraction process and the applications of this oil when it is used directly or after chemical transformation as well as the possible purposes of Jojoba meal after extraction. In addition, this paper contemplates the advantages and disadvantages of the use of homogeneous and heterogeneous catalysts for the Jojoba oil transesterification as well as different methods to obtain long monounsaturated alcohols, which have pharmaceutical applications, after being separated from biodiesel. The properties of the products derived from the transesterification of Jojoba oil are broadly discussed. Moreover, this review suggests future research opportunities such as a possible biorefinery using Jojoba oil as main raw material, supercritical methods and simultaneous extraction/reaction process which are fully discussed.

  5. The importance of the oil sector in the national economy

    International Nuclear Information System (INIS)

    Montenegro Santiago

    2001-01-01

    The paper is about the oil sector in Colombia as for their growing importance in the economy of the country in the last years, leaving of the base that this strategic sector for the economy for its high participation in the gross internal product, generates a very high percentage of the total exports and because it is also a very important source of fiscal resources for the national government as for the sectional governments. This writing is centered fundamentally in the analysis related with the production and export of raw petroleum

  6. Macroeconomic factors and oil futures prices. A data-rich model

    International Nuclear Information System (INIS)

    Zagaglia, Paolo

    2010-01-01

    I study the dynamics of oil futures prices in the NYMEX using a large panel dataset that includes global macroeconomic indicators, financial market indices, quantities and prices of energy products. I extract common factors from the panel data series and estimate a Factor-Augmented Vector Autoregression for the maturity structure of oil futures prices. I find that latent factors generate information that, once combined with that of the yields, improves the forecasting performance for oil prices. Furthermore, I show that a factor correlated to purely financial developments contributes to the model performance, in addition to factors related to energy quantities and prices. (author)

  7. Dynamic Jump Intensities and Risk Premiums in Crude Oil Futures and Options Markets

    DEFF Research Database (Denmark)

    Christoffersen, Peter; Jacobs, Kris; Li, Bingxin

    2016-01-01

    Options on crude oil futures are the most actively traded commodity options. We develop a class of computationally efficient discrete-time jump models that allow for closed-form option valuation, and we use crude oil futures and options data to investigate the economic importance of jumps...... and dynamic jump intensities in these markets. Allowing for jumps is crucial for modeling crude oil futures and futures options, and we find evidence in favor of time-varying jump intensities. During crisis periods, jumps occur more frequently. The properties of the jump processes implied by the option data...... differ from those implied by the futures data, which may be due to improved parameter identification....

  8. Effect of Temperature Shock and Inventory Surprises on Natural Gas and Heating Oil Futures Returns

    Science.gov (United States)

    Hu, John Wei-Shan; Lin, Chien-Yu

    2014-01-01

    The aim of this paper is to examine the impact of temperature shock on both near-month and far-month natural gas and heating oil futures returns by extending the weather and storage models of the previous study. Several notable findings from the empirical studies are presented. First, the expected temperature shock significantly and positively affects both the near-month and far-month natural gas and heating oil futures returns. Next, significant temperature shock has effect on both the conditional mean and volatility of natural gas and heating oil prices. The results indicate that expected inventory surprises significantly and negatively affects the far-month natural gas futures returns. Moreover, volatility of natural gas futures returns is higher on Thursdays and that of near-month heating oil futures returns is higher on Wednesdays than other days. Finally, it is found that storage announcement for natural gas significantly affects near-month and far-month natural gas futures returns. Furthermore, both natural gas and heating oil futures returns are affected more by the weighted average temperature reported by multiple weather reporting stations than that reported by a single weather reporting station. PMID:25133233

  9. Identification of key oil refining technologies for China National Petroleum Co. (CNPC)

    International Nuclear Information System (INIS)

    Liu Haiyan; Yu Jianning; Xu Jian; Fan Yu; Bao Xiaojun

    2007-01-01

    This paper summarizes the results from the project 'Vision of the Key Petroleum Refining Technologies for China National Petroleum Co. (CNPC) in the Early 21st Century' undertaken by the Department of R and D Administration, CNPC, and its affiliate key laboratory, The Key Laboratory of Catalysis operated by China University of Petroleum, Beijing. The objective of the project was to identify the challenges and opportunities of CNPC's petroleum refining business given increasing economy globalization and stricter environmental regulations. Using the modified Delphi method, four key technologies for CNPC's oil refining industry were identified. They are: integrated fluid catalytic cracking (FCC), hydroprocessing, residue hydrocracking, and high-grade lubricant production. The most significant technology will be the integrated FCC technology that can economically increase the yield of light fractions as well as upgrade transportation fuels. In China, FCC units produce about 80% and 30% commercial gasoline and diesel, respectively. To ensure compliance with future environmental legislation, hydroprocessing technologies, including those related to petroleum product hydrorefining and distillate hydrocracking, should be developed. By combining residue hydrocracking and FCC technologies, poorer quality residua can be processed. Supplying high-grade lube oils is one of the main tasks for CNPC's oil refining industry. Development of hydrodewaxing technologies to manufacture API group II/III base oil is the main direction for CNPC's lubricant production business

  10. National space legislation : future perspectives for Malaysian Space Law

    NARCIS (Netherlands)

    Saari, Che Zuhaida Binti

    2014-01-01

    This research studies the future perspectives for Malaysian space law. It aims at demonstrating the development of Malaysian outer space activities inclusive of her status with respect to United Nations space conventions and her membership of international and regional space-related organizations.

  11. Investor preferences for oil spot and futures based on mean-variance and stochastic dominance

    NARCIS (Netherlands)

    H.H. Lean (Hooi Hooi); M.J. McAleer (Michael); W.-K. Wong (Wing-Keung)

    2010-01-01

    textabstractThis paper examines investor preferences for oil spot and futures based on mean-variance (MV) and stochastic dominance (SD). The mean-variance criterion cannot distinct the preferences of spot and market whereas SD tests leads to the conclusion that spot dominates futures in the downside

  12. Risk-averse and Risk-seeking Investor Preferences for Oil Spot and Futures

    NARCIS (Netherlands)

    H.H. Lean (Hooi Hooi); M.J. McAleer (Michael); W.-K. Wong (Wing-Keung)

    2013-01-01

    textabstractThis paper examines risk-averse and risk-seeking investor preferences for oil spot and futures prices by using the mean-variance (MV) criterion and stochastic dominance (SD) approach. The MV findings cannot distinguish between the preferences of spot and futures markets. However, the SD

  13. Future markets and the two dimensions of instability in commodity markets: The oil experience

    International Nuclear Information System (INIS)

    Calabre, S.

    1991-01-01

    Public opinion and the media often suggest that futures markets have made the price of oil more unstable than it otherwise should be. It is argued that short-term price instability, associated with the functioning commodity futures markets, must be distinguished from medium-term instability, associated with the processes that adjust supply and consumption. Futures markets appear to be price destabilizing at times, although they also facilitate the management of trade in oil. In the medium term, however, stability and instability are determined by the mechanisms that adjust production and consumption. 39 refs., 4 figs

  14. Oil prices, speculation, and fundamentals. Interpreting causal relations among spot and futures prices

    International Nuclear Information System (INIS)

    Kaufmann, Robert K.; Ullman, Ben

    2009-01-01

    A consensus that the world oil market is unified begs the question, where do innovations in oil prices enter the market? Here we investigate where changes in the price of crude oil originate and how they spread by examining causal relationships among prices for crude oils from North America, Europe, Africa, and the Middle East on both spot and futures markets. Results indicate that innovations first appear in spot prices for Dubai-Fateh and spread to other spot and futures prices while other innovations first appear in the far month contract for West Texas Intermediate and spread to other exchanges and contracts. Links between spot and futures markets are relatively weak and this may have allowed the long-run relationship between spot and future prices to change after September 2004. Together, these results suggest that market fundamentals initiated a long-term increase in oil prices that was exacerbated by speculators, who recognized an increase in the probability that oil prices would rise over time. (author)

  15. A comprehensive guide of remediation technologies for oil contaminated soil - Present works and future directions.

    Science.gov (United States)

    Lim, Mee Wei; Lau, Ee Von; Poh, Phaik Eong

    2016-08-15

    Oil spills result in negative impacts on the environment, economy and society. Due to tidal and waves actions, the oil spillage affects the shorelines by adhering to the soil, making it difficult for immediate cleaning of the soil. As shoreline clean-up is the most costly component of a response operation, there is a need for effective oil remediation technologies. This paper provides a review on the remediation technologies for soil contaminated with various types of oil, including diesel, crude oil, petroleum, lubricating oil, bitumen and bunker oil. The methods discussed include solvent extraction, bioremediation, phytoremediation, chemical oxidation, electrokinetic remediation, thermal technologies, ultrasonication, flotation and integrated remediation technologies. Each of these technologies was discussed, and associated with their advantages, disadvantages, advancements and future work in detail. Nonetheless, it is important to note that no single remediation technology is considered the best solution for the remediation of oil contaminated soil. This review provides a comprehensive literature on the various remediation technologies studied in the removal of different oil types from soil. Copyright © 2016 Elsevier Ltd. All rights reserved.

  16. 75 FR 29397 - National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling

    Science.gov (United States)

    2010-05-26

    ... National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling By the authority vested in... Deepwater Horizon Oil Spill and Offshore Drilling (the ``Commission''). Sec. 2. Membership. (a) The... impact of, oil spills associated with offshore drilling, taking into consideration the environmental...

  17. Crude oil pricing in Asia and future problems; Asia no gen`yu pricing to kongo no kadai

    Energy Technology Data Exchange (ETDEWEB)

    Kato, T. [The Institute of Energy Economics, Tokyo (Japan)

    1997-01-30

    This paper describes pricing factors of crude oil for Asia and future problems. Price of the Middle East crude oil for Asia is determined by linking the spot price of Dubayy crude oil using as a marker. Factors affecting the pricing of marker crude oil include the information dispatching functions for prices of spot market and paper market of marker crude oil, the presence of competitive crude oil, and the correlation between market of oil products and price of crude oil. The paper market of Dubayy crude oil with a small scale of trading provides poor impact and transparency. In Asia, there is no strong competitive crude oil except the Middle East crude oil. There is only a weak price linking between crude oil and products. These are the background that the price of Middle East crude oil stays at the high level and the price adjusting functions are hard to work. The marker crude oil should be changed to another except Dubayy crude oil, and information should be dispatched from purchasers based on the stable standard crude oil. The real paper market should be created, and the force of speaking to oil producing countries should be enhanced by concentrating forces of major oil consuming countries in Asia. It is necessary to find out competitive crude oils. 5 figs., 6 tabs.

  18. Humps in the volatility structure of the crude oil futures market: New evidence

    International Nuclear Information System (INIS)

    Chiarella, Carl; Kang, Boda; Nikitopoulos, Christina Sklibosios; Tô, Thuy-Duong

    2013-01-01

    This paper analyses the volatility structure of commodity derivatives markets. The model encompasses hump-shaped, unspanned stochastic volatility, which entails a finite-dimensional affine model for the commodity futures curve and quasi-analytical prices for options on commodity futures. Using an extensive database of crude oil futures and futures options spanning 21 years, we find the presence of hump-shaped, partially spanned stochastic volatility in the crude oil market. The hump shaped feature is more pronounced when the market is more volatile, and delivers better pricing as well as hedging performance under various dynamic factor hedging schemes. - Highlights: • This paper analyses the volatility structure of commodity derivatives markets. • 21-years of data on crude oil futures and futures options is used. • The crude oil futures market has hump-shaped, unspanned stochastic volatility. • The hump shaped feature is more pronounced when the market is more volatile. • Hump shape delivers better pricing and hedging compared to exponential decay

  19. Alarm management in TRANSPETRO National Oil Control Center

    Energy Technology Data Exchange (ETDEWEB)

    Amado, Helio; Costa, Luciano [TRANSPETRO - PETROBRAS Transporte S.A., Rio de Janeiro, RJ (Brazil)

    2009-07-01

    For sure Alarm Management is not a new issue. EEMUA 191 has been around since 1999 and everyone has received visits from consultants in this area. Besides this regulators have requested that operators have a policy for it. However there are few papers showing actual pipeline operator experience in alarm management. In this paper we present the work developed in TRANSPETRO National Oil Control Center since 2006, where we operate 5509 km of crude oil and refined products pipelines. Since the beginning of the centralized operation in 2002, alarm management has been a concern but a systematic approach has been taken since 2006. Initially we will make a brief revision of the literature and show trends for regulations. Then we will show the tools and the approach we have taken. Finally, the further developments we see. The point that we want to discuss is that, it has been very difficult to implement the system in a linear way and we believe that companies that have huge legacy systems, the same probably will occur. Putting in simple words, our main conclusion is: Implementing an Alarm Management policy produces good results however probably sometimes is better not to follow strictly the traditional steps. (author)

  20. "Forecasting Volatility and Spillovers in Crude Oil Spot, Forward and Futures Markets"

    OpenAIRE

    Chia-Lin Chang; Michael McAleer; Roengchai Tansuchat

    2009-01-01

    Crude oil price volatility has been analyzed extensively for organized spot, forward and futures markets for well over a decade, and is crucial for forecasting volatility and Value-at- Risk (VaR). There are four major benchmarks in the international oil market, namely West Texas Intermediate (USA), Brent (North Sea), Dubai/Oman (Middle East), and Tapis (Asia- Pacific), which are likely to be highly correlated. This paper analyses the volatility spillover effects across and within the four mar...

  1. Life cycle energy and greenhouse gas emissions from transportation of Canadian oil sands to future markets

    International Nuclear Information System (INIS)

    Tarnoczi, Tyler

    2013-01-01

    Oil sands transportation diversification is important for preventing discounted crude pricing. Current life cycle assessment (LCA) models that assess greenhouse gas (GHG) emissions from crude oil transportation are linearly-scale and fail to account for project specific details. This research sets out to develop a detailed LCA model to compare the energy inputs and GHG emissions of pipeline and rail transportation for oil sands products. The model is applied to several proposed oils sands transportation routes that may serve as future markets. Comparison between transportation projects suggest that energy inputs and GHG emissions show a high degree of variation. For both rail and pipeline transportation, the distance over which the product is transported has a large impact on total emissions. The regional electricity grid and pump efficiency have the largest impact on pipeline emissions, while train engine efficiency and bitumen blending ratios have the largest impact on rail transportation emissions. LCA-based GHG regulations should refine models to account for the range of product pathways and focus efforts on cost-effective emission reductions. As the climate-change impacts of new oil sands transportation projects are considered, GHG emission boundaries should be defined according to operation control. -- Highlights: •A life cycle model is developed to compare transportation of oil sands products. •The model is applied to several potential future oil sands markets. •Energy inputs and GHG emissions are compared. •Model inputs are explored using sensitivity analysis. •Policy recommendations are provided

  2. A general improved methodology to forecasting future oil production: Application to the UK and Norway

    International Nuclear Information System (INIS)

    Fiévet, L.; Forró, Z.; Cauwels, P.; Sornette, D.

    2015-01-01

    We present a new Monte-Carlo methodology to forecast the crude oil production of Norway and the U.K. based on a two-step process, (i) the nonlinear extrapolation of the current/past performances of individual oil fields and (ii) a stochastic model of the frequency of future oil field discoveries. Compared with the standard methodology that tends to underestimate remaining oil reserves, our method gives a better description of future oil production, as validated by our back-tests starting in 2008. Specifically, we predict remaining reserves extractable until 2030 to be 5.7 ± 0.3 billion barrels for Norway and 3.0 ± 0.3 billion barrels for the UK, which are respectively 45% and 66% above the predictions using an extrapolation of aggregate production. - Highlights: • Two step methodology to forecast a countries oil production. • Nonlinear extrapolation of the performance of individual fields. • Stochastic model of the frequency of future discoveries. • Backtest starting in 2008 of the methodology. • Improvement upon standard extrapolation of aggregate production

  3. Forecasting Palm Oil Price Movements In Malaysia: Empirical Evidence from the Malaysian Palm Oil Futures Market.

    OpenAIRE

    Amran, Zulfathi

    2010-01-01

    The palm oil industry is one of the main commodity industries in South East Asia. This is the case for the two main producers and exporters of crude palm oil in the world, Malaysia and Indonesia, and thus there is an importance placed on the trading of the commodity in Malaysia, especially for hedging purposes for the producers. This is because; the main use of the product is for exporting purposes rather than for consumption, and thus it is important if there is a tool that the producers or ...

  4. Oil price assumptions in macroeconomic forecasts: should we follow future market expectations?

    International Nuclear Information System (INIS)

    Coimbra, C.; Esteves, P.S.

    2004-01-01

    In macroeconomic forecasting, in spite of its important role in price and activity developments, oil prices are usually taken as an exogenous variable, for which assumptions have to be made. This paper evaluates the forecasting performance of futures market prices against the other popular technical procedure, the carry-over assumption. The results suggest that there is almost no difference between opting for futures market prices or using the carry-over assumption for short-term forecasting horizons (up to 12 months), while, for longer-term horizons, they favour the use of futures market prices. However, as futures market prices reflect market expectations for world economic activity, futures oil prices should be adjusted whenever market expectations for world economic growth are different to the values underlying the macroeconomic scenarios, in order to fully ensure the internal consistency of those scenarios. (Author)

  5. Future Oil and Gas Resources of the World: A Coming Supply Crisis?

    Science.gov (United States)

    Ahlbrandt, T. S.

    2002-05-01

    Is the world running out of oil? Where will future oil and gas supplies come from? To help answer these questions, the U.S. Geological Survey completed in 2000 a new assessment of the undiscovered conventional oil and gas resources and potential additions to reserves from field growth. One hundred and twenty-eight provinces were assessed in a 100 man-year effort from 1995-2000. The assessed provinces included 76 priority provinces containing 95 percent of the world's discovered oil and gas and an additional 52 "boutique" provinces, many of which may be highly prospective. Total Petroleum Systems (TPS) were identified and described for each of these provinces along with associated Assessment Units (AU) that are the basic units for assessing undiscovered petroleum. The assessment process coupled geologic analysis with a probabilistic methodology to estimate remaining potential. Within the 128 assessed provinces, were 159 TPS and 274 AU. For these provinces, the endowment of recoverable oil, which includes cumulative production, remaining reserves, reserve growth, and undiscovered resources is estimated at about 3 trillion barrels of oil (TBO). The natural gas endowment is estimated at 2.6 trillion barrels of oil equivalent (TBOE). Oil reserves are currently 1.1 TBO; world consumption is about .028 TBO per year. Natural gas reserves are about .8 TBOE; world consumption is about .014 TBOE. Thus, without any additional discoveries of oil, gas or natural gas liquids, we have about 2 TBOE of proved petroleum reserves. Of the oil and gas endowment of about 5.6 TBOE, we estimate that the world has consumed about 1 TBOE, or 18 percent leaving about 82 percent of endowment to be utilized or found. Half of the world's undiscovered potential is offshore. Arctic basins with about 25 percent of undiscovered petroleum resources make up the next great frontier. An additional 279 provinces contain some oil and gas and, if considered, would increase the oil and gas endowment

  6. Hydrogen: Its Future Role in the Nation's Energy Economy.

    Science.gov (United States)

    Winsche, W E; Hoffman, K C; Salzano, F J

    1973-06-29

    technological feasibility of a hydrogen energy system be considered now. It is of vital importance to the nation to develop some general-purpose fuel that can be Produced from a variety of domestic energy sources and reduce our dependence on imported oil.

  7. Profiler : Canadian oil and gas : the First Nations : building successful partnerships

    Energy Technology Data Exchange (ETDEWEB)

    Anon.

    2010-05-15

    Canada's petroleum and natural gas is often produced in remote areas where the majority of the population is Aboriginal. Many First Nations and Metis communities are now playing an active role in Canada's oil and gas industry. Aboriginal-owned companies have earned more than $2.6 billion in the oil sands region since 1999. In 2007, the value of contracts between Alberta oil sands companies and Aboriginal companies was estimated at $606 million. This special supplement discussed First Nations partnerships in the oil and gas industry. Articles in the supplement presented new employment, training and partnership activities in the oil and gas industry as well as activities related to emerging unconventional resources. Educational programs and training facilities were described. The employment and procurement practices of leading oil and gas operators were discussed. The supplement featured presentations by several leading oil and gas companies. tabs., figs.

  8. The Impact of United States Monetary Policy in the Crude Oil futures market

    Science.gov (United States)

    Padilla-Padilla, Fernando M.

    This research examines the empirical impact the United States monetary policy, through the federal fund interest rate, has on the volatility in the crude oil price in the futures market. Prior research has shown how macroeconomic events and variables have impacted different financial markets within short and long--term movements. After testing and decomposing the variables, the two stationary time series were analyzed using a Vector Autoregressive Model (VAR). The empirical evidence shows, with statistical significance, a direct relationship when explaining crude oil prices as function of fed fund rates (t-1) and an indirect relationship when explained as a function of fed fund rates (t-2). These results partially address the literature review lacunas within the topic of the existing implication monetary policy has within the crude oil futures market.

  9. Fueling the dragon: Alternative Chinese oil futures and their implications for the United States

    Science.gov (United States)

    Eberling, George G.

    This study examines how Chinese oil energy will likely shape future Sino-American relations under conditions of dependency and non-dependency. The study will list and describe three possible Chinese oil energy futures or scenarios (Competitive Dependency, Competitive Surplus and Cooperative Surplus) using Scenario Analysis to subsequently estimate their associated likelihoods using the PRINCE forecasting system and discuss and evaluate their strategic implications for the United States. Further, this study will determine the most likely oil energy future or scenario. Finally, the study will list and describe the most likely United States political, economic and/or military policy responses for each future or scenario. The study contributes to the literature on Chinese and United States energy security, foreign policy, political economy and political risk analysis by showing how China will most likely address its growing oil energy dependence and by determining what will be the most likely U.S. foreign policy consequences based on the most current literature available on energy security and foreign policy.

  10. Why do leaders nationalize the oil industry? The politics of resource expropriation

    International Nuclear Information System (INIS)

    Mahdavi, Paasha

    2014-01-01

    Why do leaders nationalize the oil industry? In line with a general utility-maximizing theory, I argue that leaders nationalize to maximize state revenues while minimizing costs. The latter includes international retaliation and domestic political constraints. Using a novel longitudinal dataset on the establishment of national oil companies (NOCs), the empirical evidence presented in this paper lends support to four primary findings. States are most likely to establish NOCs (1) in periods of high oil prices, when the risks of expropriation are outweighed by the financial benefits; (2) in non-democratic systems, where executive constraints are limited; (3) in “waves”, that is, after other countries have nationalized, reflecting reduced likelihood of international retaliation; and, though with weaker empirical support, (4) in political settings marked by resource nationalism. This last factor is proxied by OPEC membership in large-N analysis and, in a two-case comparison, by the difference in retained profits between the host and foreign governments. The theory and empirics presented here offer some clues for policy makers and multinational companies alike as to when to expect leaders to opt for nationalization. - Highlights: • I model determinants of oil nationalizations for 65 producing countries 1945–2005. • I offer a new measure of nationalization using the establishment of NOCs. • Oil prices, political institutions, cross-country diffusion predict nationalization. • Nationalization is also likely when revenue is perceived to be shared unfairly. • Operator-led contract renegotiation can reduce likelihood of nationalization

  11. Comment on the UPS (and past and future downs) of the oil price

    International Nuclear Information System (INIS)

    Walde, T.

    2000-01-01

    Crude oil has been rising to levels over 35 US$ per barrel from the very low prices of early 1999 - close to 10 $. In real, inflation-adjusted terms, this leaves it still at a third of the prices prevailing during the peak of 1981. This trend has been accelerated currently by short-term influences market factors. Who could have forecasted such price evolution by January 1999, when crude prices were collapsing, following the series of financial crises in Asia, Russia and Brazil? The current oil price surge has been breaking once again every 'crystal ball' and mathematical model designed to predict short-or-long-term oil price evolution - foremost the models used by the international oil companies and their advisers, chastened by the embarrassment of earlier optimism. Old ghosts that used to scare the world during the energy crisis of the 1970's and 1980's are waking up again. Traditional forces that have since 1985 and throughout the whole 1990's given economic rationality to crude price behaviour, seem to be losing ground and are unable to restore a more sustainable level of oil prices. Political forces, silent since the price collapse of 1985/86, have again raised their head and bringing to the fore historic contradictions and problems never solved. This paper covers this new reality. We are too cautions to dare to forecast, but rather identify factors that have to be considered in speculating about the future evolution of oil prices. The changing weight of those factors will continue to influence the future of the oil price - without much interest (apart from the producers) when low but again greatly debated when, as now, up again. (authors)

  12. Oil prices: The role of refinery utilization, futures markets and non-linearities

    International Nuclear Information System (INIS)

    Kaufmann, Robert K.; Mann, Michael; Dees, Stephane; Gasteuil, Audrey

    2008-01-01

    We test the hypothesis that real oil prices are determined in part by refinery capacity, non-linearities in supply conditions, and/or expectations and that observed changes in these variables can account for the rise in prices between 2004 and 2006. Results indicate that the refining sector plays an important role in the recent price increase, but not in the way described by many analysts. The relationship is negative such that higher refinery utilization rates reduce crude oil prices. This effect is associated with shifts in the production of heavy and light grades of crude oil and price spreads between them. Non-linear relationships between OPEC capacity and oil prices as well as conditions on the futures markets also account for changes in real oil prices. Together, these factors allow the model to generate a one-step ahead out-of-sample forecast that performs as well as forecasts implied by far-month contracts on the New York Mercantile Exchange and is able to account for much of the $27 rise in crude oil prices between 2004 and 2006. (author)

  13. Testing the weak-form efficiency of the WTI crude oil futures market

    Science.gov (United States)

    Jiang, Zhi-Qiang; Xie, Wen-Jie; Zhou, Wei-Xing

    2014-07-01

    The weak-form efficiency of energy futures markets has long been studied and empirical evidence suggests controversial conclusions. In this work, nonparametric methods are adopted to estimate the Hurst indexes of the WTI crude oil futures prices (1983-2012) and a strict statistical test in the spirit of bootstrapping is put forward to verify the weak-form market efficiency hypothesis. The results show that the crude oil futures market is efficient when the whole period is considered. When the whole series is divided into three sub-series separated by the outbreaks of the Gulf War and the Iraq War, it is found that the Gulf War reduced the efficiency of the market. If the sample is split into two sub-series based on the signing date of the North American Free Trade Agreement, the market is found to be inefficient in the sub-periods during which the Gulf War broke out. The same analysis on short-time series in moving windows shows that the market is inefficient only when some turbulent events occur, such as the oil price crash in 1985, the Gulf war, and the oil price crash in 2008.

  14. Rethinking "energy nationalism": a study of the relationship between nation states and companies in the oil industry

    Directory of Open Access Journals (Sweden)

    NOELE DE FREITAS PEIGO

    2015-09-01

    Full Text Available ABSTRACTThe term "energy nationalism" is frequently used by academic literature and media, but usually without adequate conceptual accuracy. Despite this, a set of papers deepens the discussion on the relationship between nation states and the energy industry, especially the oil sector. These papers allow identifying fundamental elements to understand the energy nationalism, either complementary or divergent between each other. Thus, this study aims at presenting an interpretation of the concept that fills the gaps left by the above mentioned literature based on a global analysis of the oil industry structure and its historical evolution since the mid-19thcentury.

  15. Analysis of the Dynamic Evolutionary Behavior of American Heating Oil Spot and Futures Price Fluctuation Networks

    Directory of Open Access Journals (Sweden)

    Huan Chen

    2017-04-01

    Full Text Available Heating oil is an extremely important heating fuel to consumers in northeastern United States. This paper studies the fluctuations law and dynamic behavior of heating oil spot and futures prices by setting up their complex network models based on the data of America in recent 30 years. Firstly, modes are defined by the method of coarse graining, the spot price fluctuation network of heating oil (HSPFN and its futures price fluctuation network (HFPFN in different periods are established to analyze the transformation characteristics between the modes. Secondly, several indicators are investigated: average path length, node strength and strength distribution, betweeness, etc. In addition, a function is established to measure and analyze the network similarity. The results show the cumulative time of new nodes appearing in either spot or futures price network is not random but exhibits a growth trend of straight line. Meanwhile, the power law distributions of spot and futures price fluctuations in different periods present regularity and complexity. Moreover, these prices are strongly correlated in stable fluctuation period but weak in the phase of sharp fluctuation. Finally, the time distribution characteristics of important modes in the networks and the evolution results of the topological properties mentioned above are obtained.

  16. Use of Cymbopogon citratus essential oil in food preservation: Recent advances and future perspectives.

    Science.gov (United States)

    Ekpenyong, Christopher E; Akpan, Ernest E

    2017-08-13

    The economic burdens and health implications of food spoilage are increasing. Contamination of food sources by fungi, bacteria, yeast, nematodes, insects, and rodents remains a major public health concern. Research has focused on developing safer natural products and innovations to meet consumers' acceptance as alternatives to synthetic food preservatives. Many recent novel preservative techniques and applications of both natural and synthetic origin continue to proliferate in food and chemical industries. In particular, some essential oils of plant origin are potent food preservatives and are thus attractive alternatives to synthetic preservatives. This paper provides an overview of recent advances and future prospects in assessing the efficacy of the use of Cymbopogon citratus (lemongrass) essential oil in food preservation. The possible mechanisms of action and toxicological profile as well as evidence for or against the use of this essential oil as an alternative to synthetic food preservatives in domestic and industrial applications are discussed.

  17. Estimating national water use associated with unconventional oil and gas development

    Science.gov (United States)

    Carter, Janet M.; Macek-Rowland, Kathleen M.; Thamke, Joanna N.; Delzer, Gregory C.

    2016-05-18

    The U.S. Geological Survey’s (USGS) Water Availability and Use Science Program (WAUSP) goals are to provide a more accurate assessment of the status of the water resources of the United States and assist in the determination of the quantity and quality of water that is available for beneficial uses. These assessments would identify long-term trends or changes in water availability since the 1950s in the United States and help to develop the basis for an improved ability to forecast water avail- ability for future economic, energy-production, and environmental uses. The National Water Census (http://water.usgs.gov/watercensus/), a research program of the WAUSP, supports studies to develop new water accounting tools and assess water availability at the regional and national scales. Studies supported by this program target focus areas with identified water availability concerns and topical science themes related to the use of water within a specific type of environmental setting. The topical study described in this fact sheet will focus on understanding the relation between production of unconventional oil and gas (UOG) for energy and the water needed to produce and sustain this type of energy development. This relation applies to the life-cycle of renewable and nonrenewable forms of UOG energy and includes extraction, production, refinement, delivery, and disposal of waste byproducts. Water-use data and models derived from this topical study will be applied to other similar oil and gas plays within the United States to help resource managers assess and account for water used or needed in these areas. Additionally, the results from this topical study will be used to further refine the methods used in compiling water-use data for selected categories (for example, mining, domestic self-supplied, public supply, and wastewater) in the USGS’s 5-year national water-use estimates reports (http://water.usgs.gov/watuse/).

  18. Essential Oil Composition of Pinus peuce Griseb. Needles and Twigs from Two National Parks of Kosovo

    OpenAIRE

    Hajdari, Avni; Mustafa, Behxhet; Nebija, Dashnor; Selimi, Hyrmete; Veselaj, Zeqir; Breznica, Pranvera; Quave, Cassandra Leah; Novak, Johannes

    2016-01-01

    The principal aim of this study was to analyze the chemical composition and qualitative and quantitative variability of essential oils obtained from seven naturally grown populations of the Pinus peuce Grisebach, Pinaceae in Kosovo. Plant materials were collected from three populations in the Sharri National Park and from four other populations in the Bjeshk?t e Nemuna National Park, in Kosovo. Essential oils were obtained by steam distillation and analyzed by GC-FID (Gas Chromatography-Flame...

  19. The political role of national oil companies in the large exporting countries : the Venezuela case

    International Nuclear Information System (INIS)

    Mommer, B.

    1994-01-01

    This paper starts by defining the role of mining companies vis-a vis the landlords in a modern economy. Then it examines the role international oil companies played in exporting countries. Finally the role of national oil companies is analyzed following the same scheme : what is their contribution to the development of a new landlord-tenant relationship, nationally and internationally ? ''Petroleos de Venezuela'' is taken as an example. (Author). 27 refs

  20. Did Iraq Cheat the United Nations? Underpricing, Bribes, and the Oil for Food Program

    OpenAIRE

    Chang-Tai Hsieh; Enrico Moretti

    2005-01-01

    From 1997 through early 2003, the United Nations Oil for Food Program allowed Iraq to export oil in exchange for humanitarian supplies. We measure the extent to which this program was corrupted by Iraq's attempts to deliberately set the price of its oil below market prices in an effort to solicit bribes, both in the form of direct cash bribes and in the form of political favors, from the buyers of the underpriced oil. We infer the magnitude of the potential bribe by comparing the gap between ...

  1. Impact of innovations on future energy supply - chemical enhanced oil recovery (CEOR).

    Science.gov (United States)

    Bittner, Christian

    2013-01-01

    The International Energy Agency (IEA) expects an increase of global energy demand by one-third during next 20 years together with a change in the global energy mix. A key-influencing factor is a strong expected increase in oil and gas production in the United States driven by 'new' technologies such as hydraulic fracturing. Chemical enhanced oil recovery (CEOR) is another strong growing technology with the potential of a step change innovation, which will help to secure future oil supply by turning resources into reserves. While conventional production methods give access to on average only one-third of original oil in place, the use of surfactants and polymers allows for recovery of up to another third of this oil. In the case of polymer flooding with poly acrylamide, the number of full field implementations has increased in recent years. In the meantime new polymers have been developed to cover previously unmet needs - such polymers can be applied in fields of high salinity and high temperature. Use of surfactants is in an earlier stage, but pilot tests show promising results.

  2. Alternative futures for the Department of Energy National Laboratories

    Energy Technology Data Exchange (ETDEWEB)

    1995-02-01

    This Task Force was asked to propose alternate futures for the Department of Energy laboratories noted in the report. The authors` intensive ten months` study revealed multiple missions and sub-missions--traditional missions and new missions--programs and projects--each with factors of merit. They respectively suggest that the essence of what the Department, and particularly the laboratories, should and do stand for: the energy agenda. Under the overarching energy agenda--the labs serving the energy opportunities--they comment on their national security role, the all important energy role, all related environmental roles, the science and engineering underpinning for all the above, a focused economic role, and conclude with governance/organization change recommendations.

  3. Causality in variance and the type of traders in crude oil futures

    International Nuclear Information System (INIS)

    Bhar, Ramaprasad; Hamori, Shigeyuki

    2005-01-01

    This article examines the causal relationship and, in particular, informational dependence between crude oil futures return and the trading volume using daily data over a ten-year period using a recent econometric methodology. The two-step procedure developed by Cheung and Ng (1996) [Cheung, Y.W., Ng, L.K., 1996. A causality-in-variance test and its applications to financial market prices, Journal of Econometrics 72, 33-48.] is robust to distributional assumption and does not depend on simultaneous modeling of the two variables. We find only causality at higher order lags running from return to volume in the mean as well as in conditional variance. Our result is not in complete agreement with several earlier studies in this area. However, the result does indicate mild support for noise traders' hypothesis in the crude oil futures market. (Author)

  4. Forecasting the term structure of crude oil futures prices with neural networks

    Czech Academy of Sciences Publication Activity Database

    Baruník, Jozef; Malinská, B.

    2016-01-01

    Roč. 164, č. 1 (2016), s. 366-379 ISSN 0306-2619 R&D Projects: GA ČR(CZ) GBP402/12/G097 Institutional support: RVO:67985556 Keywords : Term structure * Nelson–Siegel model * Dynamic neural networks * Crude oil futures Subject RIV: AH - Economics Impact factor: 7.182, year: 2016 http://library.utia.cas.cz/separaty/2016/E/barunik-0453168.pdf

  5. Hedging Effectiveness and Optimal Hedge Ratios: An Analysis of Malaysian Crude Palm Oil Futures Market

    OpenAIRE

    OH, STELLA JIA XIN

    2015-01-01

    This paper deals with the estimation of hedge ratios and hedging effectiveness of crude palm oil futures market in Malaysia for the period from January 2000 to August 2015. To measure hedging performances of optimal hedge ratio, different measures have been employed such as the static hedge ratio estimation models of conventional Ordinary Least Square (OLS) model and Vector Error Correction Model (VECM), while the time-varying model is presented by the Diagonal Vech Multivariate Generalized A...

  6. Dynamically Hedging Oil and Currency Futures Using Receding Horizontal Control and Stochastic Programming

    Science.gov (United States)

    Cottrell, Paul Edward

    There is a lack of research in the area of hedging future contracts, especially in illiquid or very volatile market conditions. It is important to understand the volatility of the oil and currency markets because reduced fluctuations in these markets could lead to better hedging performance. This study compared different hedging methods by using a hedging error metric, supplementing the Receding Horizontal Control and Stochastic Programming (RHCSP) method by utilizing the London Interbank Offered Rate with the Levy process. The RHCSP hedging method was investigated to determine if improved hedging error was accomplished compared to the Black-Scholes, Leland, and Whalley and Wilmott methods when applied on simulated, oil, and currency futures markets. A modified RHCSP method was also investigated to determine if this method could significantly reduce hedging error under extreme market illiquidity conditions when applied on simulated, oil, and currency futures markets. This quantitative study used chaos theory and emergence for its theoretical foundation. An experimental research method was utilized for this study with a sample size of 506 hedging errors pertaining to historical and simulation data. The historical data were from January 1, 2005 through December 31, 2012. The modified RHCSP method was found to significantly reduce hedging error for the oil and currency market futures by the use of a 2-way ANOVA with a t test and post hoc Tukey test. This study promotes positive social change by identifying better risk controls for investment portfolios and illustrating how to benefit from high volatility in markets. Economists, professional investment managers, and independent investors could benefit from the findings of this study.

  7. Quantifying China's oil import risks and the impact on the national economy

    International Nuclear Information System (INIS)

    Sun, Mei; Gao, Cuixia; Shen, Bo

    2014-01-01

    With an increase in China's oil imports, China's oil supply will also continue to be effected by the socio-economic stability of oil-exporting countries and the safety of oil transport routes. This paper introduces a systematic and quantitative method to evaluate the influence of China's oil import risks (OIR) on the national economy and industrial sectors from a perspective of apply chain process. For this analysis, China's OIR is quantified by integrating oil exporting country risk and the risks from oil transportation routes. Country risk is defined as the oil-exporting country's political risk caused by political changes or internal conflicts. Transport risk is defined as the risk of shipping routes affected by pirate attacks and geopolitics. Second, the relationship between China's OIR and oil import costs is analyzed using a multiple linear approach. Third, an input–output analysis method is used to research the effect of the cost of China's oil imports on the cost of investment within China's domestic sectors. This research finds that the corresponding impact on GDP is 3494.5 million dollars given an increasing by 10% of China's OIR. And the impact on domestic sectors differs from sector to sector. Finally, this paper puts forth recommendations to improve long-term oil supply security in China. - Highlights: • Quantifies China's OIR while taking into consideration the risks from oil-exporting countries and the risks from oil transportation routes. • Explores the relationship between China's OIR and oil import costs using a multiple linear regression approach. • Analyzes the effects of China's OIR on the investment cost of domestic sectors with an input–output analysis. • Investigates the impact of China's OIR on the domestic economy

  8. Nationalization of the Oil Industry in Iran and the Fadaiean of Islam

    Directory of Open Access Journals (Sweden)

    Rahim Mostafazadeh

    2017-02-01

    Full Text Available Nationalization of oil industry is a name given to the escalation period of the Iranian people’ struggle for the nationalization of the oil industry. In its realization, a lot of groups were involved as well The Fadaiean of Islam. Findings of this research, which has been gathered using descriptive-analytic method, show that in the process of this national movement, The Fadaiean of Islam, provided grounds for the victory using both peaceful struggle strategies – cooperation with other religious groups and the National Front–and non-reconciling strategies including assassination of Hazhir and Razmara.

  9. 1991 Virginia oil spill reporting - national and state data base comparison

    International Nuclear Information System (INIS)

    Stalcup, D.; O'Connor, L.; Kallen, E.

    1993-01-01

    The purpose of this presentation is to give an overview of federal and Virginia state statutes governing the reporting of oil spills through the analysis of oil spill data from a national source (the emergency response notification system, ERNS) and oil spill data from the state level (the Virginia Water Control Board, VWCB). Using data from calendar year 1991, an analysis of the 499 oil spill notifications made to ERNS and the 1,155 oil spill reports made to the VWCB was conducted. The requirements for reporting releases of oil are governed by both underground storage tank (UST) and water pollution control regulations. An analysis was carried out to determine if statutory reporting requirements are being met on the state and federal level. Although these requirements are promulgated on both levels, there is an apparent lack of knowledge in the regulated community

  10. Insulating oil, electrical for transformers and switches : a national standard of Canada

    International Nuclear Information System (INIS)

    Paniri, S.; Burford, G.; Martin, A.; Adragna, M.

    1997-01-01

    Standard specifications for insulating oil used in power transformers, instrument transformers, bushings, bulk oil circuit breakers, oil circuit reclosers, and switches were provided. The specifications are divided into Class A and Class B depending on the requirement for kinematic viscosity at -40 degrees C. A Class S oil is also introduced for oil circuit breakers. The standards were prepared by the Technical Committee on Transformer and Switch Oils under the jurisdiction of the Steering Committee on Electrical Engineering, and has been formally approved by these committees. It has been also approved as a National Standard of Canada by the Standards Council of Canada. The document provides a list of reference publications, describes the samples and test procedures, properties and delivery requirements. 1 tab

  11. Insulating oil, electrical for transformers and switches : a national standard of Canada; 5. ed.

    Energy Technology Data Exchange (ETDEWEB)

    Paniri, S; Burford, G; Martin, A; Adragna, M [eds.

    1997-09-01

    Standard specifications for insulating oil used in power transformers, instrument transformers, bushings, bulk oil circuit breakers, oil circuit reclosers, and switches were provided. The specifications are divided into Class A and Class B depending on the requirement for kinematic viscosity at -40 degrees C. A Class S oil is also introduced for oil circuit breakers. The standards were prepared by the Technical Committee on Transformer and Switch Oils under the jurisdiction of the Steering Committee on Electrical Engineering, and has been formally approved by these committees. It has been also approved as a National Standard of Canada by the Standards Council of Canada. The document provides a list of reference publications, describes the samples and test procedures, properties and delivery requirements. 1 tab.

  12. Cost and benefits for using NYMEX [New York Mercantile Exchange] crude oil futures

    International Nuclear Information System (INIS)

    Deaves, R.; Krinsky, I.

    1991-01-01

    The crisis in the Persian Gulf in 1990-91 has illustrated how important it is for end users of petroleum products to be able to reduce the risk of unexpected price changes. Transferring the risk of price changes, or hedging, is most desirable when the costs of doing so are low relative to the benefits. The nature of these benefits and costs are discussed, and a related analysis of data from the New York Mercantile Exchange (NYMEX) crude oil futures market is reported. It is shown that likely risk reduction is directly related to the degree to which the crude oil futures market can be characterized as efficient. Using data from the highly volatile period of 1983-90, evidence is presented to support the proposition that the crude oil market is efficient. There is no evidence for the existence of risk premiums, which constitute an additional cost to hedging. This is good news for hedgers, as it implies that risk transfer is free in the sense that hedgers need pay no premium to speculators. Although the market appears to be efficient when past returns and the basis are used as explanatory variables, there is some evidence that futures returns may be predicted using macroeconomic variables. 8 refs., 4 tabs

  13. Corn content of French fry oil from national chain vs. small business restaurants.

    Science.gov (United States)

    Jahren, A Hope; Schubert, Brian A

    2010-02-02

    Several issues, ranging from sustainability to health, may interest the consumers in the corn content of their food. However, because restaurants are excluded from the Nutrition Labeling and Education Act of 1990, national chain restaurants provide nonspecific ingredient information and small businesses supply none. We measured the carbon isotope composition of fry oil in French fries purchased from 68 (67%) of the 101 national chain fast food restaurants on Oahu (i.e., McDonald's, Burger King, Wendy's, Arby's, and Jack in the Box), and paired this with a similar number of small businesses (n = 66) to calculate minimum percent contribution of corn to total fry oil. We found that the majority (69%) of the national chain restaurants served fries containing corn oil, whereas this was true for only a minority (20%) of the small businesses. Corn oil is more expensive than soybean oil (for example) when purchased from a small business supplier, suggesting that large-scale corporate agreements are necessary to make corn oil frying cost-effective. When considering French fry oil along with corn-fed beef and chicken, as well as high-fructose corn syrup-sweetened soda, we see the pervasive influence of corn as an ingredient in national chain fast food.

  14. Roles for National Guard Components: Current Thoughts and Future Possibilities

    Science.gov (United States)

    2000-04-01

    Gen Russell C. Davis, chief, National Guard Bureau, remarks at the National Chamber of Commerce , Washington, D.C., June 1999. 5 Moskos and Burk, 176...Lt Gen Russell C. Davis, chief, National Guard Bureau, remarks at the National Chamber of Commerce , Washington, D.C., June 9 1999. 5 National Guard...National Guard Bureau, remarks to the National Chamber of Commerce , Washington, D.C., June 1999, n.p. On-line. Internet, 27 February 2000, available at

  15. Structuring oil and gas joint venture agreements on First Nations lands (south of the 60. parallel)

    International Nuclear Information System (INIS)

    Rae, LD.

    1998-01-01

    The advantages that arise from the unique legal regimes that apply to oil and gas exploration and production on First Nations lands were discussed. A significant portion of Canada's Aboriginal communities are located close to areas that will experience intense oil and gas exploration activities in the coming years. In southern Canada, there are 57 First Nations that have oil and gas exploration and/or production on their lands. A total of 179 oil and gas companies have interests on these lands. By law, First Nations do not have the right to develop and exploit the oil and gas resources on their reserve lands if this requires disposition of any portion of these lands to third parties. As a result, they must rely on the Crown's trust and fiduciary obligations to them to administer these resources. As the law now stands, Indian Oil and Gas Canada (IOGC) is obligated to consult with the First Nation community, but it is not obligated to necessarily act in accordance with the community's wishes. As can be expected, under these circumstances the opportunities for stalemates are significant. The difficulties experienced by industry on dealing with the IOGC are described, and alternatives to the current situation are proposed. Suggestions are also offered as to how title uncertainties may be overcome and how First Nations may achieve healthy economic growth right now, even prior to achieving self-government

  16. Engaging Canadians: national oil sands dialogues - A background paper

    International Nuclear Information System (INIS)

    Carson, Bruce

    2010-01-01

    It is expected that the world's energy demand will grow significantly between now and the year 2050. Hydrocarbons will have an important role to play in meeting this increasing demand and unconventional sources such as oil sands will become more and more important. The Canadian Association of Petroleum Producers (CAPP) has been engaged in a dialogue process to examine the environmental, economic and social impacts of the oil sands industry and the aim of this background paper is to provide stakeholders with some context. The paper highlights the fact that although the oil sands industry gives rise to environmental issues such as greenhouse gas emissions, air pollutants, land disturbance and water use, the environmental performance of the industry has been improving in recent years thanks to new technologies.

  17. Assessing Whether Oil Dependency in Venezuela Contributes to National Instability

    Directory of Open Access Journals (Sweden)

    Adam Kott

    2012-08-01

    Full Text Available The focus of this article is on what role, if any, oil has on Venezuela's instability. When trying to explain why a resource-rich country experiences slow or negative growth, experts often point to the resource curse. The following pages explore the traditional theory behind the resource curse as well as alternative perspectives to this theory such as ownership structure and the correlation between oil prices and democracy. This article also explores the various forms of instability within Venezuela and their causes. Finally, the article looks at President Hugo Chavez's political and economic policies as well as the stagnation of the state oil company, Petroleos de Venezuela (PDVSA. This article dispels the myth that the resource curse is the source of destabilization in many resource dependent countries. Rather than a cause of instability, this phenomenon is a symptom of a much larger problem that is largely structural.

  18. World oil and gas exploration trends: A comparative study of national and U.S. private oil companies

    International Nuclear Information System (INIS)

    Ghouri, S.S.K.

    1991-01-01

    This study hypothesizes that private oil companies and state-owned, national oil companies (NOCs) have different objectives and priorities and thus that different behavioral models are needed to explain changes over time in the level of exploration by these two groups of companies. More specifically, exploration by private companies is expected to be more sensitive to changing oil prices than exploration by NOCs. The study develops three different sets of expected determinants of change over time in the level of exploration (for private companies, and two groups of NOCs-oil importers and non-OPEC oil exporters). In the private-sector model, exploration is driven by expected determinants of profitability, such as oil prices and exploration costs. The NOC models also include national-priority variables, such as import dependency. The study then tests these behavioral models by specifying and estimating econometric models for the period 1970-1988 for 11 companies from the three company groups. Three econometric models are used: static, Koyck distributed lag, and Almon polynomial distributed lag models. The study concludes on the basis of three comparisons that different behavioral models are needed to understand changes in the level of exploration by private companies and NOCs. First, the private-sector model is estimated for all companies. For private companies, the private-sector model works well, whereas for the NOCs it does not, presumably because important determinants of NOC exploration are excluded from the model. Second, when these excluded variables are included in the specification, regression results for the NOCs improve significantly. Third, the private companies have higher elasticities of exploration in both the short run and long run than the NOCs

  19. A time-series analysis of the crude oil spot and futures markets

    International Nuclear Information System (INIS)

    Quan Jing.

    1990-01-01

    First, the existence of the relationship is tested. Second, after the relationship is established, it is tested to determine the direction of causality. Most of previous research on this issue ignored the first step, and the existence of the relationship was taken for granted. Unfortunately, however, this assumption is not justified since it does not necessarily hold. The first relationship investigated in this study is between the crude oil spot and futures prices. It is found that spot price leads futures prices instead of the futures price providing information on the spot price. Two additional relationships studied are those between the OPEC oil supply and the futures prices and that between the same supply and spot prices. In the case of OPEC supply and spot prices, a self-adaptive model with supply interruption dummy variables is introduced to study the price behavior. It is found that prices follow an adaptive process, that is, the previous price information offers powerful influence on the current price

  20. A Markov switching model of the conditional volatility of crude oil futures prices

    International Nuclear Information System (INIS)

    Fong, Wai Mun; See, Kim Hock

    2002-01-01

    This paper examines the temporal behaviour of volatility of daily returns on crude oil futures using a generalised regime switching model that allows for abrupt changes in mean and variance, GARCH dynamics, basis-driven time-varying transition probabilities and conditional leptokurtosis. This flexible model enables us to capture many complex features of conditional volatility within a relatively parsimonious set-up. We show that regime shifts are clearly present in the data and dominate GARCH effects. Within the high volatility state, a negative basis is more likely to increase regime persistence than a positive basis, a finding which is consistent with previous empirical research on the theory of storage. The volatility regimes identified by our model correlate well with major events affecting supply and demand for oil. Out-of-sample tests indicate that the regime switching model performs noticeably better than non-switching models regardless of evaluation criteria. We conclude that regime switching models provide a useful framework for the financial historian interested in studying factors behind the evolution of volatility and to oil futures traders interested short-term volatility forecasts

  1. Electronic trading system and returns volatility in the oil futures market

    International Nuclear Information System (INIS)

    Liao, Huei-Chu; Lee, Yi-Huey; Suen, Yu-Bo

    2008-01-01

    This paper uses daily Brent crude prices to investigate the employment of electronic trading on the returns conditional volatility in the oil futures market. After a suitable GARCH model is established, the conditional volatility series are found. The Bai and Perron model is then used to find two significant structural breaks for these conditional volatility series around two implementation dates of electronic trading. This result indicates that the change in the trading system has significant impacts on the returns volatility since our estimated second break date is very close to the all-electronic trade implementation date. Moreover, the conditional volatility in the all-electronic trading period is found to be more dominated by the temporal persistence rather than the volatility clustering effect. All these evidence can shed some light for explaining the high relationship between more volatile world oil price and the more popular electronic trade. (author)

  2. Arsenolipids in marine oils and fats: A review of occurrence, chemistry and future research needs

    DEFF Research Database (Denmark)

    Sele, Veronika; Sloth, Jens J.; Lundebye, Anne-Katrine

    2012-01-01

    Numerous studies have focused on arsenic in marine organisms, and relatively high natural levels of the element have been reported in marine samples. Despite their seemingly consistent presence in marine oils and fats, there is currently only limited knowledge available on arsenic compounds that ...... to feed and food safety and legislative issues. Analytical techniques, including techniques in the early work on arsenolipids in addition to methods employed today, and relevant sample preparation will be discussed....... of this review is to present current knowledge on the occurrence and chemistry of arsenolipids in marine oils, and to identify future research needs. The occurrence of arsenolipids and their relevance in marine organisms will be discussed, in addition to their relevance for consumers and industry, with respect...

  3. Hydrocarbon upgrading demonstration program (HUDP): an investment in the future of the oil sands

    Energy Technology Data Exchange (ETDEWEB)

    Du Plessis, Duke; Isaacs, Eddy [AI-EES (Canada); Hill, Rich; McPhee, Anne; Keesom, Bill; Arnold, Ed [Jacobs Consultancy (Canada)

    2011-07-01

    Alberta Innovates Energy and Environment Solutions (AIEES), the technology arm of the Alberta Government in terms of energy and the environment, has initiated the hydrocarbon upgrading demonstration program (HUDP). Since lighter products have a better market value, this program aims to develop technologies for upgrading heavy oil into light, transportable fuel. The program also aims to improve SAGD efficiency while reducing greenhouse gas emissions. To do so, the gaps between typical and ideal operations were identified and quantified, life cycle analyses were performed, current studies were reviewed and future issues and opportunities were assessed. With the HUDP program, AIEES is supporting the industry through investment and technology support to develop innovative technologies which will improve margins and the sustainability of oil sands operations.

  4. Effective communications system for a national oil spill contingency plan in Nigeria

    International Nuclear Information System (INIS)

    Adeyemi-Wilson, O.A.

    1991-01-01

    This paper describes what constitute an Effective Communications System for a National Oil Spill Contingency Plan. It discusses the system available in Nigeria for the oil exploration and producing companies, the Nigerian National Petroleum Corporation (NNPC) and the only oil spill response cooperative, the Clean Nigeria Associates (CNA). The Emergency Communications System which the companies had in place for some time, but is no longer functioning because of bureaucratic problems, is mentioned. The paper also mentioned the need to integrate the various separate systems already in use to provide effective communication for proper oil spill response. It recognizes the need for support from the Ministry of Communications and the two government agencies, NITEL and NET which provide telephone services in Nigeria. A proposed Effective Communications System for Nigeria is described

  5. Imported Oil and U.S. National Security

    Science.gov (United States)

    2009-01-01

    Facing the Hard Truths About Energy: A Comprehensive View to 2030 of Global Oil and Natural Gas, Washington, D.C., July 2007. As of February 14, 2009...example, if consumers could switch easily from commuting by car to mass transit or telecommuting when fuel costs rise, the effects on the U.S. economy...levels by 2011. Higher gas prices have apparently hit the Belarusian economy hard . The Lukashenko government has been looking for loans to cover

  6. Transit and Globalization of the National Oil and Gas Business

    International Nuclear Information System (INIS)

    Sekulic, G.; Tomljenovic, D.

    2001-01-01

    Energy transit plays a significant role in the energy development and globalization of the energy economy due to the dependence of the countries of large energy consumers on the energy import and the increase of export from the regions which do not have a direct connection with these consumers. In such circumstances huge amounts of energy cross several borders on their way from energy producers to energy consumers ''facing'' the risks of different political systems as well as different economic, legislative and social conditions together with environment protection conditions. With the purpose of reducing such and other risks and increasing the security level of consumer supply as well as the economic results in the energy sector, huge efforts are being made in creating market, non-discriminatory and transparent transit conditions through international treaties, agreements, conventions, protocols and similar. Owing to its geographical position, especially on the Mediterranean, the Republic of Croatia is an interesting transit country, but until now it profited only partially from this advantage. By constructing new gas pipelines and new connections of the existing oil pipeline with the European network both for the needs of local supply and transit, and according to the adopted international obligations on the conditions of the access to available capacities, construction of new capacities, market pricing, environment protection and other, oil and gas transit through this Croatia of Ours will be increased and further integration of oil and gas economy into the globalization processes will be speeded up.(author)

  7. Measurement of atmospheric pollutants associated with oil and natural gas exploration and production activity in Pennsylvania's Allegheny National Forest.

    Science.gov (United States)

    Pekney, Natalie J; Veloski, Garret; Reeder, Matthew; Tamilia, Joseph; Rupp, Erik; Wetzel, Alan

    2014-09-01

    plumes were not detected. Implications: Monitoring of pollutants associated with oil and natural gas exploration and production activity at three sites within the Allegheny National Forest (ANF) showed only slight site-to-site differences even with one site far removed from these activities. However, the impact was evident not in detection of localized plumes but in regional elevated ethane concentrations, as ethane can be considered a tracer species for oil and natural gas activity. The data presented serve as baseline conditions for evaluation of impacts from future development of Marcellus or Utica shale gas reserves.

  8. Some properties of castor oil affecting its performance as a capacitor impregnant and their significance to future impregnant research

    International Nuclear Information System (INIS)

    Boicourt, G.P.

    1975-01-01

    For a considerable time castor oil and polychlorinated biphenyl (PCB) have been the principal impregnants used in energy-storage capacitors. Castor oil has proven to be better than PCB for pulsed applications. PCB's have come under attack as an environmental hazard, while castor oil is a vegetable product and its supply and quality are subject to fluctuation. These two facts make the development of new impregnants desirable. The properties of PCB as a capacitor impregnant are well known. This paper first compares a number of properties of castor oil and PCB's. A comparison is made between the lives of castor oil capacitors and comparable PCB energy-storage capacitors. Some of the physical and chemical properties of castor oil which make it a good pulse capacitor impregnant are examined. These properties can be used as a guide for future research on new pulse capacitor impregnants

  9. Oil and Gas in Eastern Africa: Current Developments and Future Perspectives

    International Nuclear Information System (INIS)

    Auge, Benjamin

    2015-03-01

    The position of oil companies toward East Africa has changed considerably since 2006 when the first reserves in Uganda came to light. However, for many investors interested in the region, it remains difficult to get a clear picture of the scale of developments of this sector. This paper will discuss the locations of reserves, their volumes, when they will be developed, what they will be used for, and possible impediments to their development. In addition to Uganda, Kenya, Tanzania and Mozambique, which already have ample hydrocarbon resources, it will be useful to address the future of certain countries such as Ethiopia, Somalia, Madagascar, and the Comoro Islands, which have largely underestimated potentials. (author)

  10. Coconut oil and palm oil's role in nutrition, health and national ...

    African Journals Online (AJOL)

    Coconut and palm oils which were the major sources of dietary fats for centuries in most of West Africa have been branded as unhealthy highly saturated fats. Their consumption has been peddled to supposedly raise the level of blood cholesterol, thereby increasing the risk of coronary heart disease. This adverse view has ...

  11. National Assessment of Oil and Gas Project: Areas of Historical Oil and Gas Exploration and Production in the United States

    Science.gov (United States)

    Biewick, Laura

    2008-01-01

    This report contains maps and associated spatial data showing historical oil and gas exploration and production in the United States. Because of the proprietary nature of many oil and gas well databases, the United States was divided into cells one-quarter square mile and the production status of all wells in a given cell was aggregated. Base-map reference data are included, using the U.S. Geological Survey (USGS) National Map, the USGS and American Geological Institute (AGI) Global GIS, and a World Shaded Relief map service from the ESRI Geography Network. A hardcopy map was created to synthesize recorded exploration data from 1859, when the first oil well was drilled in the U.S., to 2005. In addition to the hardcopy map product, the data have been refined and made more accessible through the use of Geographic Information System (GIS) tools. The cell data are included in a GIS database constructed for spatial analysis via the USGS Internet Map Service or by importing the data into GIS software such as ArcGIS. The USGS internet map service provides a number of useful and sophisticated geoprocessing and cartographic functions via an internet browser. Also included is a video clip of U.S. oil and gas exploration and production through time.

  12. Future oil supply: The changing stance of the International Energy Agency

    International Nuclear Information System (INIS)

    Miller, Richard G.

    2011-01-01

    The IEA was established in 1974 with a mandate to promote energy security amongst its members, namely the states of the OECD, and to advise those members on sound energy policy. Its recent forecasts of the medium and long term prospects for oil supply, however, have wavered, alternating from optimistic to pessimistic and back again. For policy-makers, such inconsistency is difficult to deal with. Firstly we examine whether the changing outlooks seen in IEA forecasts made between 2007 and 2010 truly reflect a demonstrable, underlying change in the known facts, and we can find no such factual changes reported by the IEA. Secondly we examine whether the serious criticisms of the forecast made by other analysts have yet been addressed, and we conclude that they have not. Thirdly we consider the possible effects of the current economic downturn upon the IEA's assumptions and upon future oil supply. We conclude that all the forecasts made by the IEA appear to be too optimistic throughout this period. - Research highlights: → IEA forecasts of oil supply have changed from optimistic to pessimistic and back. → The reasons for the changes are listed, examined and found wanting. → The most appropriate IEA forecast is nevertheless the most pessimistic one. → Some criticisms of the forecast methodology and assumptions are described.

  13. Differing perspectives of major oil firms on future energy developments: An illustrative framework

    International Nuclear Information System (INIS)

    Chang Youngho; Yong Jiayun

    2007-01-01

    This study develops a framework to analyse the perspectives of major oil firms in terms of their perceptions of current energy developments and projections of future energy potentials, and illustrates their views on the possibility of a paradigm shift in fuel use. The three A's themes-availability of resource (AV), applicability of technology (AP) and acceptability by society (AC)-make up the analytical framework. Divergence in oil firms' behaviour and perspectives are captured by the 3-A triangle that illustrates how the four largest oil firms in the world balance their stakes among the three A's. ExxonMobil's position is markedly skewed towards the theme of AV, whilst BP has the most balanced approach among the four. Shell and Total both share a similarly shaped 3-A triangle with more stakes placed on the theme of AP. The results would imply that a paradigm shift in resource use or a full-scale transition to a backstop technology is unlikely in the coming decades

  14. Monitoring the impact of the Gordon C. Leitch oil spill on the breeding bird populations of the Mingan Archipelago National Park Reserve, (QC) Canada

    International Nuclear Information System (INIS)

    Roberge, B.; Chapdelaine, G.

    2000-01-01

    Results of a monitoring study of the impact of a 1999 oil spill on the breeding bird population in the Mingan Archipelago National Park Reserve in the Gulf of St. Lawrence, Quebec, are discussed. The common eider, the black guillemot and the bald eagle were the three species studied by observing and comparing the status of these bird populations on islands located inside and outside of the contaminated area. Data from before and after the oil spill were compared. Results show that an estimated 211 to 777 breeding birds have died as a result of the oil spill, however, the overall impact on the reproductive potential of the breeding bird population was insignificant. Various protective measures to mitigate the effects of future oil spills are proposed. 38 refs., 7 tabs., 1 fig

  15. Expectations and drivers of future greenhouse gas emissions from Canada's oil sands: An expert elicitation

    International Nuclear Information System (INIS)

    McKellar, Jennifer M.; Sleep, Sylvia; Bergerson, Joule A.; MacLean, Heather L.

    2017-01-01

    The greenhouse gas (GHG) emissions intensity of oil sands operations has declined over time but has not offset absolute emissions growth due to rapidly increasing production. Policy making, decisions about research and development, and stakeholder discourse should be informed by an assessment of future emissions intensity trends, however informed projections are not easily generated. This study investigates expected trends in oil sands GHG emissions using expert elicitation. Thirteen experts participated in a survey, providing quantitative estimates of expected GHG emissions intensity changes and qualitative identifications of drivers. Experts generally agree that emissions intensity reductions are expected at commercially operating projects by 2033, with the greatest reductions expected through the use of technology in the in situ area of oil sands activity (40% mean reduction at multiple projects, averaged across experts). Incremental process changes are expected to contribute less to reducing GHG emissions intensity, however their potentially lower risk and cost may result in larger cumulative reductions. Both technology availability and more stringent GHG mitigation policies are required to realize these emissions intensity reductions. This paper demonstrates a method to increase rigour in emissions forecasting activities and the results can inform policy making, research and development and modelling and forecasting studies. - Highlights: • Expert elicitation used to investigate expected trends in oil sands GHG emissions. • Overall, emissions intensity reductions are expected at commercial projects by 2033. • Reductions are expected due to both technology changes and process improvements. • Technology availability and more stringent GHG policies are needed for reductions. • Method used increases rigour in emissions forecasting, and results inform policy.

  16. Financing options for oil and gas ventures with First Nations

    International Nuclear Information System (INIS)

    Gartner, L.

    1999-01-01

    Royal Bank Financial Group has a long history of service to the Aboriginal community having supported Aboriginal initiatives with specialized products or educational programs and grants. An overview is included of recent initiatives including partnerships with the Inuit Tapirisat of Canada, the Metis National Council, First Nations and the Council for the Advancement of Native Development Officers. The bank's Aboriginal employee focus groups in several provinces provide advice and guidance on Aboriginal banking requirements and employment/training needs. Royal Trust is the only financial institution to establish a national Aboriginal Advisory Service for Aboriginal communities for investment, trust and land claim settlement services. Royal Bank donated $25,000 to the Council for the Advancement of Native Development Officers to promote entrepreneurial training seminars and a university accredited curriculum for Aboriginal Economic Development Officers. The Bank supports and encourages employees to serve with organizations such as Aboriginal Capital Corporations, National Association of Financing Centres and various Native Employment Services associations

  17. Breaking the Nation's Oil Addiction: Is Ethanol the Cure?

    National Research Council Canada - National Science Library

    Davis, Bryan B

    2006-01-01

    .... It is entrenched in Middle East affairs in an effort to stabilize that region of the world. Now the nation faces the major environmental problem of global warming stemming from its burning of fossil fuel...

  18. Can Latin American Oil Companies Free Themselves from the Legacy of Nationalization? (Can Latin American Oil and Gas Companies Break Free of Their Nationalized Past?) - CERI Studies No. 183

    International Nuclear Information System (INIS)

    Rousseau, Isabelle

    2012-01-01

    Latin America's national oil companies, created at various times during the twentieth century, have each evolved in a different way. The two main companies - Petroleos de Mexico (Pemex) and Petroleos de Venezuela (PDVSA) - provide excellent illustrations of the rich diversity of organizational and industrial development. Many factors - such as the importance of earth quakes - explain the diversity. Nevertheless, the role of governments during the period of nationalizations is key. It was then that the relationships between the owners of natural resources, public operators, regulators, the finance ministries, and international operators were defined. This process shaped the companies' institutional structures (path dependency) and set the parameters for future entrepreneurial dynamism. The path by which each of these enterprises developed continues to affect their culture as evidenced by the recent reforms which attempted to restructure Pemex and PDVSA. (author)

  19. Fuels for the oil-fuelled heating system of the future; Brennstoffe fuer die Oelheiztechnik der Zukunft

    Energy Technology Data Exchange (ETDEWEB)

    Rheinberg, O. van [Oel-Waerme-Institut GmbH, An-Institut der RWTH Aachen, Herzogenrath (Germany). Abt. Energietraeger

    2011-02-15

    For ecological and political reasons bio-heating-oil of up to 10.9 vol.% of Fatty-Acid-Methyl-Ester (FAME) is available in the market. For new installations the appliance industry has approved their products for the use of this bio-heating-oil. For existing oil firing plants minor changes are necessary. These are the use of qualified oil burner pumps, oil tubes, oil pre-filter and the change to single chord system in order to avoid the continuous circulation of heating oil. Due to the chemical and physical properties an admixture of up to 20.9 vol.% of FAME in heating oil sulphur low is feasible. One of the main requirements to introduce such fuel in the market is the guarantee of storage stability over several years even by such high levels of FAME. To reach this goal an accurate predictability of fuel stability and different actions for the stabilisation of such bio-heating oil are necessary. Hence several investigations are undertaken at Oel-Waerme-Institut to ensure higher levels of FAME or of other alternative fuels in the future. (orig.)

  20. The National Guard: Recommendations to Develop the Joint Future Force

    Science.gov (United States)

    2010-03-01

    Health, Sexual Assault Prevention and Response, and Warrior Support programs.109 This joint support concept is distinctive to the NG, and provides an...National Defense Strategy (Washington, DC: Department of Defense, June 2008), TOC . Available online at http://www.defense.gov/news/2008%20 National

  1. Vojvodina’s national minorities: Current realities and future prospects

    Directory of Open Access Journals (Sweden)

    Petsinis Vasilis

    2004-01-01

    Full Text Available In this article, a critical overview of the situation of the national minorities resident in the Serbian autonomous province of Vojvodina is pursued. First of all, the novel legal framework with regard to national minorities, on the federal as well as the provincial level, is outlined. Then, the state of education in Vojvodina’s minority languages, as well as the situation of the national minorities’ media and press, is assessed. What the author tries to demonstrate is that the effective safeguard of the collective identity of Vojvodina’s national minorities primarily relies on two factors: a. the full implementation of the novel legal (federal as well as provincial provisions; b. the attitude of the national minorities themselves towards the question of preserving their group identities.

  2. North American Oil Sands: History of Development, Prospects for the Future

    National Research Council Canada - National Science Library

    Humphries, Marc

    2008-01-01

    .... Since 2004, when a substantial portion of Canada's oil sands were deemed economic, Canada, with about 175 billion barrels of proved oil sands reserves, has ranked second behind Saudi Arabia in oil reserves...

  3. 75 FR 37783 - National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling

    Science.gov (United States)

    2010-06-30

    ... Drilling AGENCY: Department of Energy, Office of Fossil Energy. ACTION: Notice of open meeting. SUMMARY... and Offshore Drilling (the Commission). The Commission was organized pursuant to the Federal Advisory..., any oil spills associated with offshore drilling in the future. The Commission is composed of seven...

  4. 75 FR 56526 - National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling

    Science.gov (United States)

    2010-09-16

    ... Drilling AGENCY: Department of Energy, Office of Fossil Energy. ACTION: Notice of open meeting. SUMMARY... and Offshore Drilling (the Commission). The Commission was organized pursuant to the Federal Advisory..., any oil spills associated with offshore drilling in the future. The Commission is composed of seven...

  5. 75 FR 60097 - National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling

    Science.gov (United States)

    2010-09-29

    ... Drilling AGENCY: Department of Energy, Office of Fossil Energy. ACTION: Notice of open meeting. SUMMARY... and Offshore Drilling (the Commission). The Commission was organized pursuant to the Federal Advisory..., and mitigate the impact of, any oil spills associated with offshore drilling in the future. The...

  6. 75 FR 69652 - National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling

    Science.gov (United States)

    2010-11-15

    ... Drilling AGENCY: Department of Energy, Office of Fossil Energy. ACTION: Notice of open meeting. SUMMARY... and Offshore Drilling (the Commission). The Commission was organized pursuant to the Federal Advisory..., and mitigate the impact of, any oil spills associated with offshore drilling in the future. The...

  7. Oil atlas: National Petroleum Technology Office activities across the United States

    Energy Technology Data Exchange (ETDEWEB)

    Tiedemann, H.A.

    1998-03-01

    Petroleum imports account for the largest share of the US trade deficit. Over one-third of the 1996 merchandise trade deficit is attributed to imported oil. The good news is that substantial domestic oil resources, both existing and yet-to-be-discovered, can be recovered using advanced petroleum technologies. The Energy Information Agency estimates that advanced technologies can yield 10 billion additional barrels, equal to $240 billion in import offsets. The US Department of Energy`s National Petroleum Technology Office works with industry to develop advanced petroleum technologies and to transfer successful technologies to domestic oil producers. This publication shows the locations of these important technology development efforts and lists DOE`s partners in this critical venture. The National Petroleum Technology Office has 369 active technology development projects grouped into six product lines: Advanced Diagnostics and Imaging Systems; Advanced Drilling, Completion, and Stimulation; Reservoir Life Extension and Management; Emerging Processing Technology Applications; Effective Environmental Protection; and Crosscutting Program Areas.

  8. Corn content of French fry oil from national chain vs. small business restaurants

    OpenAIRE

    Jahren, A. Hope; Schubert, Brian A.

    2010-01-01

    Several issues, ranging from sustainability to health, may interest the consumers in the corn content of their food. However, because restaurants are excluded from the Nutrition Labeling and Education Act of 1990, national chain restaurants provide nonspecific ingredient information and small businesses supply none. We measured the carbon isotope composition of fry oil in French fries purchased from 68 (67%) of the 101 national chain fast food restaurants on Oahu (i.e., McDonald’s, Burger Kin...

  9. 76 FR 68502 - National Petroleum Reserve-Alaska Oil and Gas Lease Sale 2011 and Notice of Availability of the...

    Science.gov (United States)

    2011-11-04

    ... Petroleum Reserve-Alaska Oil and Gas Lease Sale 2011 and Notice of Availability of the Detailed Statement of Sale for Oil and Gas Lease Sale 2011 in the National Petroleum Reserve-Alaska AGENCY: Bureau of Land... tracts in the National Petroleum Reserve-Alaska. The United States reserves the right to withdraw any...

  10. 78 FR 16612 - National Oil and Hazardous Substances Pollution Contingency Plan; Revision To Increase Public...

    Science.gov (United States)

    2013-03-18

    ... Hazardous Substances Pollution Contingency Plan (NCP) to broaden the technology, to include computer... ENVIRONMENTAL PROTECTION AGENCY 40 CFR Part 300 [EPA-HQ-SFUND-2012-0738; FRL-9791-4] National Oil and Hazardous Substances Pollution Contingency Plan; Revision To Increase Public Availability of the...

  11. The adaptation of the financial structures of national companies in oil producing countries

    International Nuclear Information System (INIS)

    Helder, P.

    1994-01-01

    The economic environment of the oil industry in the nineties contains a number of uncertainties concerning demand evolution and the persistence of low prices. National companies cannot expect high margins for financing their development. To avoid an increased debt burden these companies are looking for organizational flexibility. Their strategies imply cost cutting and a modernization of their management criteria. (Author). 19 refs., 6 tabs

  12. 75 FR 39518 - National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling; Correction

    Science.gov (United States)

    2010-07-09

    ... DEPARTMENT OF ENERGY National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling; Correction AGENCY: Office of Fossil Energy, Department of Energy. ACTION: Notice of open meeting... Spill and Offshore Drilling, (75 FR 37783). This document makes several corrections to that notice. FOR...

  13. 76 FR 25331 - Agency Information Collection Activities; Proposed Collection; Comment Request; National Oil and...

    Science.gov (United States)

    2011-05-04

    ... Activities; Proposed Collection; Comment Request; National Oil and Hazardous Substance Pollution Contingency... http://www.regulations.gov to obtain a copy of the draft collection of information, submit or view... comments: 1. Explain your views as clearly as possible and provide specific examples. 2. Describe any...

  14. Coal and Oil: The Dark Monarchs of Global Energy: Understanding Supply and Extraction Patterns and their Importance for Future Production

    International Nuclear Information System (INIS)

    Hoeoek, Mikael

    2010-01-01

    The formation of modern society has been dominated by coal and oil, and together these two fossil fuels account for nearly two thirds of all primary energy used by mankind. This makes future production a key question for future social development and this thesis attempts to answer whether it is possible to rely on an assumption of ever increasing production of coal and oil. Both coal and oil are finite resources, created over long time scales by geological processes. It is thus impossible to extract more fossil fuels than geologically available. In other words, there are limits to growth imposed by nature. The concept of depletion and exhaustion of recoverable resources is a fundamental question for the future extraction of coal and oil. Historical experience shows that peaking is a well established phenomenon in production of various natural resources. Coal and oil are no exceptions, and historical data shows that easily exploitable resources are exhausted while more challenging deposits are left for the future. For oil, depletion can also be tied directly to the physical laws governing fluid flows in reservoirs. Understanding and predicting behaviour of individual fields, in particularly giant fields, are essential for understanding future production. Based on comprehensive databases with reserve and production data for hundreds of oilfields, typical patterns were found. Alternatively, depletion can manifest itself indirectly through various mechanisms. This has been studied for coal. Over 60% of the global crude oil production is derived from only around 330 giant oilfields, where many of them are becoming increasingly mature. The annual decline in existing oil production has been determined to be around 6% and it is unrealistic that this will be offset by new field developments, additional discoveries or unconventional oil. This implies that the peak of the oil age is here. For coal a similar picture emerges, where 90% of the global coal production originates

  15. The Study on Global Oil and Gas Supply and Demand undertaken by the National Petroleum Council

    Energy Technology Data Exchange (ETDEWEB)

    Slutz, James

    2007-07-01

    The National Petroleum Council (NPC) Study on Global Oil and Gas is one of the most comprehensive studies on global oil and gas supply and demand projections ever undertaken to date. This study comprises approximately 250 experts from industry, government, research institutions, academia, energy ministries from around the world, national oil companies, and non-government organizations. The NPC study team has collected and analyzed global data on supply and demand trends through the year 2030. While other studies have examined the economic, environmental, security and geo-policy implications of the oil and gas supply and demand picture, this study examines all three political priorities simultaneously. The multi-dimensional foundations of the policy recommendations, and the diverse expertise of study group members, results in findings which are truly unique, and separate this study from numerous previous studies on global oil and gas supply and demand. Although key findings and policy recommendations will not be released prior to the study's release in June of 2007, the following paper provides the scope of work and the detailed project plan that will result in an energy outlook that is differentiated from all recent studies.

  16. Essential Oil Composition of Pinus peuce Griseb. Needles and Twigs from Two National Parks of Kosovo.

    Science.gov (United States)

    Hajdari, Avni; Mustafa, Behxhet; Nebija, Dashnor; Selimi, Hyrmete; Veselaj, Zeqir; Breznica, Pranvera; Quave, Cassandra Leah; Novak, Johannes

    The principal aim of this study was to analyze the chemical composition and qualitative and quantitative variability of essential oils obtained from seven naturally grown populations of the Pinus peuce Grisebach, Pinaceae in Kosovo. Plant materials were collected from three populations in the Sharri National Park and from four other populations in the Bjeshkët e Nemuna National Park, in Kosovo. Essential oils were obtained by steam distillation and analyzed by GC-FID (Gas Chromatography-Flame Ionization Detection) and GC-MS (Gas Chromatography-Mass Spectrometry). The results showed that the yield of essential oils (v/w dry weight) varied depending on the origin of population and the plant organs and ranged from 0.7 to 3.3%. In total, 51 compounds were identified. The main compounds were α-pinene (needles: 21.6-34.9%; twigs: 11.0-24%), β-phellandrene (needles: 4.1-27.7; twigs: 29.0-49.8%), and β-pinene (needles: 10.0-16.1; twigs: 6.9-20.7%). HCA (Hierarchical Cluster Analysis) and PCA (Principal Component Analyses) were used to assess geographical variations in essential oil composition. Statistical analysis showed that the analyzed populations are grouped in three main clusters which seem to reflect microclimatic conditions on the chemical composition of the essential oils.

  17. Essential Oil Composition of Pinus peuce Griseb. Needles and Twigs from Two National Parks of Kosovo

    Directory of Open Access Journals (Sweden)

    Avni Hajdari

    2016-01-01

    Full Text Available The principal aim of this study was to analyze the chemical composition and qualitative and quantitative variability of essential oils obtained from seven naturally grown populations of the Pinus peuce Grisebach, Pinaceae in Kosovo. Plant materials were collected from three populations in the Sharri National Park and from four other populations in the Bjeshkët e Nemuna National Park, in Kosovo. Essential oils were obtained by steam distillation and analyzed by GC-FID (Gas Chromatography-Flame Ionization Detection and GC-MS (Gas Chromatography-Mass Spectrometry. The results showed that the yield of essential oils (v/w dry weight varied depending on the origin of population and the plant organs and ranged from 0.7 to 3.3%. In total, 51 compounds were identified. The main compounds were α-pinene (needles: 21.6–34.9%; twigs: 11.0–24%, β-phellandrene (needles: 4.1–27.7; twigs: 29.0–49.8%, and β-pinene (needles: 10.0–16.1; twigs: 6.9–20.7%. HCA (Hierarchical Cluster Analysis and PCA (Principal Component Analyses were used to assess geographical variations in essential oil composition. Statistical analysis showed that the analyzed populations are grouped in three main clusters which seem to reflect microclimatic conditions on the chemical composition of the essential oils.

  18. Future oriented financial information (FOFI) : Should oil and gas companies use FOFI in public documents?

    International Nuclear Information System (INIS)

    Courtland, C.M.

    1998-01-01

    The issue of whether oil and gas companies should use FOFI (future-oriented financial information) in public documents was discussed. FOFI is information about prospective results of operations, financial position or changes in financial position, based on assumptions about future economic conditions and courses of actions (projections or forecasts). FOFI is not required under securities legislation unless an issuer chooses to provide it to third parties. However, if provided to one third party, it must be provided to all third parties. Five reasons why FOFI is not used by companies in the petroleum industry are given. These are: (1) it is not necessary to sell the prospectus offering, (2) if FOFI is included, the prospectus offering might, in some circumstances, be more difficult to sell, (3) if included, the FOFI may distract investors from proper analysis, (4) there are additional costs to the issuer when FOFI is included, and (5) there may be potential liability to various parties if FOFI is included and proves to be misleading. No changes to the current FOFI policy are contemplated for the immediate future, but in the longer term the reduction of the $ 500,000 minimum to $ 150,000 per investor where an offering memorandum must contain a forecast or projection, and the possible introduction of a safe harbour provision for any issuer who, in good faith, prepares FOFI, are being considered

  19. US refining capacity for Canadian heavy oil : current overview and future potential

    International Nuclear Information System (INIS)

    Paget, S.

    2006-01-01

    This presentation provided an overview of the Canadian oil sands industry and investigated the potential heavy oil refining capacity of the United States. An outline of the first commercial developments of steam assisted gravity drainage (SAGD) in Alberta's oil sands was provided. Canada's reserves were compared with oil shale and heavy oil reserves in the United States and Venezuela. Influences of Canadian developments from western Canadian conventional crude oil were reviewed, and an oil sands production forecast was provided. Recent refining developments in the United States include delayed coking; catalytic cracking; fluid coking; flexicoking; and LC-fining. However, many oil sand producers are now choosing to upgrade oil, and producers are currently saturating United States markets with heavy crude oil. Canadian crude prices reached $90 per barrel in 2006. Heavy oil pipelines are now being constructed and existing heavy oil pipelines are being expanded. ConocoPhillips is planning to invest $1 billion for a new heavy oil coker, while BP is investing $3 billion for a heavy oil refinery in Indiana which plans to refine Canadian crude oil supplies. However, bitumens from Alberta are volatile in price, and excess Canadian production must be exported. Less than 10 per cent of western Canadian crude has tidewater access, and capital providers are concerned about cost over-runs. In order for the Canadian oil sands industry to succeed, refining capacity in the United States must be expanded, and open access must be provided to the Gulf coast as well as to the Pacific Ocean. tabs., figs

  20. Review on the national and regional response to oil spill in the Arabian Gulf

    International Nuclear Information System (INIS)

    Fakhro, K.M.

    1991-01-01

    Over the past decades, the oil industry has grown enormously, resulting in a considerable number of island's oil and gas fields being fully developed. Over 30% of all oil carried by ships is produced in this region. It is exported through a narrow bottle-neck passage, Straight of Hormuz creating a continuous heavy traffic that increases the daily risk potential for ships collision, grounding or explosion that threaten the marine environment and the economy of the coastal states, should a major oil spill occur anytime. The paper reviews some major spills in the area and the action taken by the responsible authorities. The high risk potential of pollution by oil or any other harmful substances in the Arabian Gulf always exists and the need for a competent national and regional bodies was felt necessary to co-ordinate efforts in combating or mitigating marine oil pollution. The paper reviews and discusses the status of such bodies and concludes with an emphasis on strengthening them

  1. Future climate effects on suitability for growth of oil palms in Malaysia and Indonesia.

    Science.gov (United States)

    Paterson, R Russell M; Kumar, Lalit; Taylor, Subhashni; Lima, Nelson

    2015-09-24

    The production of palm oil (PO) is highly profitable. The economies of the principal producers, Malaysia and Indonesia, and others, benefit considerably. Climate change (CC) will most likely have an impact on the distribution of oil palms (OP) (Elaeis guineensis). Here we present modelled CC projections with respect to the suitability of growing OP, in Malaysia and Indonesia. A process-oriented niche model of OP was developed using CLIMEX to estimate its potential distribution under current and future climate scenarios. Two Global Climate Models (GCMs), CSIRO-Mk3.0 and MIROC-H, were used to explore the impacts of CC under the A1B and A2 scenarios for 2030, 2070 and 2100. Decreases in climatic suitability for OP in the region were gradual by 2030 but became more pronounced by 2100. These projections imply that OP growth will be affected severely by CC, with obvious implications to the economies of (a) Indonesia and Malaysia and (b) the PO industry, but with potential benefits towards reducing CC. A possible remedial action is to concentrate research on development of new varieties of OP that are less vulnerable to CC.

  2. Panorama 2017 - Which strategies for Chinese national companies on the oil markets?

    International Nuclear Information System (INIS)

    Hache, Emmanuel

    2016-11-01

    Buoyed by the 'Go Global' policy launched in the early 2000's and with the support of domestic financial institutions - banks and sovereign wealth funds -, Chinese national companies (NOC) have invested in most hydrocarbon-rich geographic regions and in numerous foreign companies within the sector. Five key objectives have emerged: increase oil and gas reserves, diversify suppliers, purchase specific assets (technologies, human capital), integrate the oil and gas value chain and pursue their own globalization. Chinese NOCs are now competing with international companies (IOC) in the marketplace

  3. How the national prices impact the international activity? The case of oilive oil market in Spain

    OpenAIRE

    Aubert, Magali; Demaria, Federica; Gutiérrez-Salcedo, Maria

    2014-01-01

    Olive oil plays an important role in the European Union countries where Spain, Italy and Greece are the main actors. Spain industry knew a flourished period by confirming its own leadership in this sector. Spain is the main olive oil producer and exporter in the world. Starting from this evidence, the main objective of this work is that of analysing the price transmission at the national level to understand in which way this activity has some impact on the international ones. At first we look...

  4. [Remedy for shortage or risk for national security? The search for oil in Switzerland].

    Science.gov (United States)

    Haller, Lea; Gisler, Monika

    2014-03-01

    Over several decades, geologists, entrepreneurs, politicians, and public authorities dealt with a potential petroleum occurrence in Switzerland. They provided scientific expertise, granted concessions, invested capital and sank bore holes. Although the endeavour was never successful economically, it reveals how closely related geopolitical situations and the exploitation of natural resources were. This article investigates the search for crude oil in Switzerland from the 1930s until the 1960s, combining a history of science and technology perspective with a history of the political regulations and economic considerations concerning the extractive industry. It traces the changing fears and hopes about potential oil occurrences in Switzerland: From an investment to overcome future shortages, to the risk of imperial desires if oil would be found in abundance.

  5. 78 FR 44455 - National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List...

    Science.gov (United States)

    2013-07-24

    ... protects human health and the environment because the groundwater contamination has been reduced below... eligible for Fund-financed remedial actions if future conditions warrant such actions. Because EPA... for future response actions, should future conditions warrant such actions. IV. Basis for Site...

  6. 76 FR 76314 - National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List...

    Science.gov (United States)

    2011-12-07

    ... that addressed the source materials stored on-site. Removal activities included waste removal, water treatment, oil/water separation, and sludge stabilization. Approximately 250,000 gallons of water were... sludge and other residual material by pressure steaming the vessel holds, engines and boilers. Engines...

  7. 78 FR 48809 - National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List...

    Science.gov (United States)

    2013-08-12

    ... liquid hazardous waste, which included industrial and plating sludge, caustics, acid solutions, oil... performance objectives. Source control focuses on preventing surface water from infiltrating the waste unit... located just to the west of the Site. Waste management of Oklahoma (WMO) is the current owner of the MRSL...

  8. 76 FR 45428 - National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List...

    Science.gov (United States)

    2011-07-29

    ..., potentially on the Site. The Site included the locations of the former wastewater impoundments, waste water... August 2001, consisted of the removal and off-site disposal of waste materials, water treatment, oil and water separation, and stabilization and off- site disposal of sludge materials. This Removal Action...

  9. Bridge to a sustainable future: National environmental technology strategy

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1995-04-01

    For the past two years the Administration has sought the views of Congress, the states, communities, industry, academia, nongovernmental organizations, and interested citizens on ways to spur the development and use of a new generation of environmental technologies. This document represents the views of thousands of individuals who participated in events around the country to help craft a national environmental technology strategy that will put us on the path to sustainable development.

  10. Oil Dependence, Climate Change and Energy Security: Will Constraints on Oil Shape our Climate Future or Vice Versa?

    Science.gov (United States)

    Mignone, B. K.

    2008-12-01

    Threats to US and global energy security take several forms. First, the overwhelming dependence on oil in the transport sector leaves the US economy (and others) vulnerable to supply shocks and price volatility. Secondly, the global dependence on oil inflates prices and enhances the transfer of wealth to authoritarian regimes. Finally, the global reliance on fossil fuels more generally jeopardizes the stability of the climate system. These three threats - economic, strategic and environmental - can only be mitigated through a gradual substitution away from fossil fuels (both coal and oil) on a global scale. Such large-scale substitution could occur in response to potential resource constraints or in response to coordinated government policies in which these externalities are explicitly internalized. Here, I make use of a well-known integrated assessment model (MERGE) to examine both possibilities. When resource limits are considered alone, global fuel use tends to shift toward even more carbon-intensive resources, like oil shale or liquids derived from coal. On the other hand, when explicit carbon constraints are imposed, the fuel sector response is more complex. Generally, less stringent climate targets can be satisfied entirely through reductions in global coal consumption, while more stringent targets require simultaneous reductions in both coal and oil consumption. Taken together, these model results suggest that resource constraints alone will only exacerbate the climate problem, while a subset of policy-driven carbon constraints may yield tangible security benefits (in the form of reduced global oil consumption) in addition to the intended environmental outcome.

  11. The potential impact of invasive woody oil plants on protected areas in China under future climate conditions.

    Science.gov (United States)

    Dai, Guanghui; Yang, Jun; Lu, Siran; Huang, Conghong; Jin, Jing; Jiang, Peng; Yan, Pengbo

    2018-01-18

    Biodiesel produced from woody oil plants is considered a green substitute for fossil fuels. However, a potential negative impact of growing woody oil plants on a large scale is the introduction of highly invasive species into susceptible regions. In this study, we examined the potential invasion risk of woody oil plants in China's protected areas under future climate conditions. We simulated the current and future potential distributions of three invasive woody oil plants, Jatropha curcas, Ricinus communis, and Aleurites moluccana, under two climate change scenarios (RCP2.6 and RCP8.5) up to 2050 using species distribution models. Protected areas in China that will become susceptible to these species were then identified using a spatial overlay analysis. Our results showed that by 2050, 26 and 41 protected areas would be threatened by these invasive woody oil plants under scenarios RCP2.6 and RCP8.5, respectively. A total of 10 unique forest ecosystems and 17 rare plant species could be potentially affected. We recommend that the invasive potential of woody oil plants be fully accounted for when developing forest-based biodiesel, especially around protected areas.

  12. Ensuring future national gas supplies. High stakes for research

    International Nuclear Information System (INIS)

    Rojey, A.

    1996-01-01

    A considerable increase in natural gas demand has been forecast for the coming years. Present-day supply sources will be unable to cover the growing demand in Europe and new suppliers will need to be called on more and more. Diversifying to new supply sources will entail heavy investments and is bound to mean rising costs. Technical progress is necessary to reduce costs, while protecting the environment and providing improved safety conditions. Innovative solutions in the areas of production, processing, transportation and chemical conversion should in the future widen the options and outlets available to operators. (author)

  13. The relationship between crude oil spot and futures prices: Cointegration, linear and nonlinear causality

    International Nuclear Information System (INIS)

    Bekiros, Stelios D.; Diks, Cees G.H.

    2008-01-01

    The present study investigates the linear and nonlinear causal linkages between daily spot and futures prices for maturities of one, two, three and four months of West Texas Intermediate (WTI) crude oil. The data cover two periods October 1991-October 1999 and November 1999-October 2007, with the latter being significantly more turbulent. Apart from the conventional linear Granger test we apply a new nonparametric test for nonlinear causality by Diks and Panchenko after controlling for cointegration. In addition to the traditional pairwise analysis, we test for causality while correcting for the effects of the other variables. To check if any of the observed causality is strictly nonlinear in nature, we also examine the nonlinear causal relationships of VECM filtered residuals. Finally, we investigate the hypothesis of nonlinear non-causality after controlling for conditional heteroskedasticity in the data using a GARCH-BEKK model. Whilst the linear causal relationships disappear after VECM cointegration filtering, nonlinear causal linkages in some cases persist even after GARCH filtering in both periods. This indicates that spot and futures returns may exhibit asymmetric GARCH effects and/or statistically significant higher order conditional moments. Moreover, the results imply that if nonlinear effects are accounted for, neither market leads or lags the other consistently, videlicet the pattern of leads and lags changes over time. (author)

  14. Volatility Spillovers and Causality of Carbon Emissions, Oil and Coal Spot and Futures for the EU and USA

    Directory of Open Access Journals (Sweden)

    Chia-Lin Chang

    2017-10-01

    Full Text Available Recent research shows that the efforts to limit climate change should focus on reducing the emissions of carbon dioxide over other greenhouse gases or air pollutants. Many countries are paying substantial attention to carbon emissions to improve air quality and public health. The largest source of carbon emissions from human activities in some countries in Europe and elsewhere is from burning fossil fuels for electricity, heat, and transportation. The prices of fuel and carbon emissions can influence each other. Owing to the importance of carbon emissions and their connection to fossil fuels, and the possibility of [1] Granger (1980 causality in spot and futures prices, returns, and volatility of carbon emissions, crude oil and coal have recently become very important research topics. For the USA, daily spot and futures prices are available for crude oil and coal, but there are no daily futures prices for carbon emissions. For the European Union (EU, there are no daily spot prices for coal or carbon emissions, but there are daily futures prices for crude oil, coal and carbon emissions. For this reason, daily prices will be used to analyse Granger causality and volatility spillovers in spot and futures prices of carbon emissions, crude oil, and coal. As the estimators are based on quasi-maximum likelihood estimators (QMLE under the incorrect assumption of a normal distribution, we modify the likelihood ratio (LR test to a quasi-likelihood ratio test (QLR to test the multivariate conditional volatility Diagonal BEKK model, which estimates and tests volatility spillovers, and has valid regularity conditions and asymptotic properties, against the alternative Full BEKK model, which also estimates volatility spillovers, but has valid regularity conditions and asymptotic properties only under the null hypothesis of zero off-diagonal elements. Dynamic hedging strategies by using optimal hedge ratios are suggested to analyse market fluctuations in the

  15. Kashechewan First Nation St. Andrews School oil remediation project: a case study

    International Nuclear Information System (INIS)

    Gable, S. W.

    1997-01-01

    Case study of the remediation of an oil seepage into a school building in a First Nations community, on the shores of the Albany River, in the James Bay region of northern Ontario, was discussed. The spill has created significant health hazards as manifested by nausea, vomiting and severe headaches among both students and teachers. Investigation determined that the O-ring fittings of the pipe joints, used during the installation of the oil pipeline linking the above-ground oil tank farm and the school building, were unsuitable for the intended use. They subsequently failed, allowing heating oil to leak from the pipes along the building and migrating into the gymnasium. A variety of remediation alternatives have been considered. The remedial actions taken include: in-situ containment using an impermeable membrane with passive venting and continuous air quality monitoring for the area below the recreation complex, excavation to create draining trenches, replacement of contaminated soil around the building and from the building to the river, and installation of a clay collar and oil/water separator in each drain line. The work was completed in January 1996. To date, all systems function satisfactorily

  16. Palm oil - towards a sustainable future? : Challanges and opportunites for the Swedish food industry

    OpenAIRE

    Nilsson, Sara

    2013-01-01

    The food industry faces problems relating to the sustainability of palm oil as a food commodity. These problem areas include social, environmental, economic and health issues. The food industry also competes with increasing palm oil demands from the energy sector. This case study identifies and analyzes different perspectives regarding sustainable palm oil as a food commodity in Sweden through interviews with palm oil experts in different businesses and organizations. This study focuses on ho...

  17. The new role of national oil companies - NOCs in international energy markets: a study case of BRICS; O novo papel das national oil companies - NOCs nos mercados internacionais de energia: um estudo de caso das BRICS

    Energy Technology Data Exchange (ETDEWEB)

    Simas, Marcelo Marinho [Petroleo Brasileiro S.A. (PETROBRAS), Rio de Janeiro, RJ (Brazil)

    2012-07-01

    remarkable change is observed in the environment of the oil and gas industry from the beginning of this decade in view of several factors: raise of technical ability and investments in R and D by the National Oil Companies (NOCs); rising tendency of oil price - result of economical expansion of China and India - despite momentary falls; nationalization of oil and gas reserves in several countries and technological transfer from oil companies to services companies. Herewith a high degree of reserves concentration of oil and gas production was acquired toward a few companies and countries. According the PFC Energy, in 2009 NOCs held 77% of world reserves of oil and 51% of gas against 7% and 9% respectively of the International Oil Companies (IOCs), with impact on oil geopolitics and energy market. Contrarily, IOCs are also redefining their role in this 'chess game' of oil geopolitics due above all to the direction of exploitation programs for deep waters in the few remained areas, to the high investments in R and D to raise the recovery factor of the mature fields and to rendering specialized services to the NOCs. The objective of this research is to consider the new strategies of the NOCs, their influences in the economic and energetic policies of the home countries of the companies as well as the IOCS, their influences in the concentration of the reserves and production, integration with the productive chain and participation in several sectors of industry. (author)

  18. 78 FR 26319 - Deepwater Horizon Oil Spill; Proposal of Future Early Restoration Projects and Environmental Reviews

    Science.gov (United States)

    2013-05-06

    ... selected and implemented in accordance with the Oil Pollution Act of 1990 (OPA), the Framework Agreement... oil spill under the Oil Pollution Act 1990 (OPA; 33 U.S.C. 2701 et seq.). Pursuant to OPA, federal and... cost of this project is approximately $3.5 million. Sea Rim State Park Amenities (Jefferson County...

  19. Quality of environmental disclosure by multi-national oil companies: a corporate governance perspective

    OpenAIRE

    Babatunde, A.

    2005-01-01

    Over the past few years, concern about the issue of environmental sustainability\\ud has increased considerably. Closely linked to this concern is the growing disquiet\\ud over the increasing pervasiveness of multi-national companies, especially oil\\ud companies, in shaping global politics and economics. Consequently, increased\\ud awareness about the environment has led to calls for better management of global\\ud resources and for ways in which to make the corporations that benefit the most\\ud ...

  20. Oil market in Asia. Now and future up to year 2000 and beyond

    International Nuclear Information System (INIS)

    Shibutani, Yu

    1995-01-01

    Asia's growing oil demand will be met by imports from the Middle East to an overwhelmingly extent. Therefore, more refining capacity will be needed to cope with the oil demand. New refineries will require the increasingly sophisticated technology to produce higher yields of transportation fuels and older ones will have to be upgrated, which will reshape the integration of downstream activities in this region. Further, East Asia, including China, as a net importer of oil, is vulnerable because of low oil sufficiency and inadequate stockpiling, while oil demand is increasing at remarkable rates. (author)

  1. Drivers of Land Use Change and the Role of Palm Oil Production in Indonesia and Malaysia. Overview of Past Developments and Future Projections

    International Nuclear Information System (INIS)

    Wicke, Birka; Sikkema, Richard; Dornburg, Veronika; Junginger, Martin; Faaij, Andre

    2008-07-01

    This study provides insight into land use changes (LUC) in Indonesia and Malaysia and into the specific role that palm oil production and its expansion have played in the past and may play in the future in both countries. In relation to future land use changes induced by palm oil production expansion also the GHG emissions of this LUC are analysed to indicate the sustainability (from a GHG emission perspective) of the various palm oil expansion projections

  2. Proceedings of the CERI 2002 World Oil Conference : Reading the Future. CD ed.

    International Nuclear Information System (INIS)

    2002-01-01

    The integration and expansion of world oil markets was the main topic of this conference which featured 18 presentations dealing with developments in the international energy sector. The conference provided an opportunity for participants to discuss issues regarding oil supply and demand, oil prices, OPEC's spare capacity, OPEC's view regarding increasing competition from Canada's oil sands, and what role non-conventional oil plays in today's marketplace. The conference was divided into 6 sessions entitled: (1) oil prices, business as usual, (2) world oil demand, the incredible shrinking market, (3) global oil supplies, (4) going offshore, (5) the politics of oil, and (6) the growing North American supply. The outlook of world energy markets was reviewed with particular emphasis on prospects for oil supply and reserves. Also, the current status of the petroleum industry in both OPEC and non-OPEC oil exporting countries was discussed with reference to exploration, production, reserves, and hydrocarbon potential as well as the environmental, and socio-economic challenges that the industry must face. refs., tabs., figs

  3. 76 FR 11350 - National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List...

    Science.gov (United States)

    2011-03-02

    ..., Reporting and recordkeeping requirements, Superfund, Water pollution control, Water supply. Dated: February... and Hazardous Substances Pollution Contingency Plan; National Priorities List: Partial Deletion of the... Mexico, from the National Priorities List (NPL). The NPL, promulgated pursuant to section 105 of the...

  4. Future strategies for oil shale development as a new indigenous energy resource in Jordan

    International Nuclear Information System (INIS)

    Jaber, J.O.; Tarawneh, T.

    2011-01-01

    Indigenous oil shale deposits could satisfy Jordan's demand for liquid and gaseous fuels as well as electricity for many centuries. Markets also exist for raw and retorted oil shale, spent shale, and for sulfur recovered during the upgrading and refining of crude shale oil. Although the potential benefits of oil shale development are substantial, complex and expensive facilities would be required, and these have serious economic, environmental, and social implications for the Kingdom and its people. In January 2006, the United States Trade and Development Agency (USTDA) awarded a grant to the Jordanian Ministry of Planning and International Cooperation to support the analysis of current oil shale processing technologies and the application of international expertise to the development of a oil shale industry in Jordan. The goal of the technical assistance project was to help the Government of Jordan (GoJ) establish short and long-term strategies for oil shale development and to facilitate the commercial production of shale oil in the country. This paper discusses the results of the project. The Kingdom's current energy situation and its previous work on oil shale are summarized, and the incentives and restraints on oil shale commercialization are described. Impediments to development are identified, and possible governmental responses are assessed. (author)

  5. Sustainable Energy Consumption in Northeast Asia: A Case from China’s Fuel Oil Futures Market

    Directory of Open Access Journals (Sweden)

    Chi Zhang

    2018-01-01

    Full Text Available The sustainable energy consumption in northeast Asia has a huge impact on regional stability and economic growth, which gives price volatility research in the energy market both theoretical value and practical application. We select China’s fuel oil futures market as a research subject and use recurrence interval analysis to investigate the price volatility pattern in different thresholds. We utilize the stretched exponential function to fit the pattern of the recurrence intervals of price fluctuations and find that the probability density functions of the recurrence intervals in different thresholds do not show the scaling behavior. Then the conditional probability density function and detrended fluctuation analysis prove that there is short-term and long-term correlation. Last, we use a hazard function to introduce the recurrence intervals into the (value at risk VaR calculation and establish a functional relationship between the mean recurrence interval and the threshold. Following this result, we also shed light on policy discussion for hedgers and government.

  6. Oil-based technology and economy prospects for the future. A short introduction to basic issues and a review of oil depletion projections derived from different theories and methods

    International Nuclear Information System (INIS)

    2003-12-01

    Recognising the world economy's technological dependence on oil and, hence, the serious consequences of a decline in oil production for which the world community is technologically unprepared, The Danish Board of Technology and The Society of Danish Engineers wish to draw attention to the issue and to the different analyses of oil resources and future oil production potentials published by various researchers and institutions, In pursuance of this objective, the two institutions have jointly commissioned this review and organised the conference Oil Demand, Production and Cost - Prospects for the Future. The aim of the review is to outline the characteristics of the cheap-oil economy and provide the participants in the conference and other interested parties with an overview of different scenarios for the future development in demand and supply, presented by various experienced researchers and institutions who base their analyses on different methodologies. The evidence thus provided should constitute a structured framework for the discussion at the conference. (BA)

  7. Meeting the Organizational Needs of the National Guard as Part of Transformation to the Future Force

    National Research Council Canada - National Science Library

    Wong, Martha

    2005-01-01

    .... They must build and maintain U.S. defenses beyond challenge. As part of the total military force and to comply with the National Security Strategy, the National Guard also must transform from the Guard of the past to the Guard of the future...

  8. 76 FR 56294 - National Oil and Hazardous Substances Pollution Contingency Plan National Priorities List

    Science.gov (United States)

    2011-09-13

    ... and Hazardous Substances Pollution Contingency Plan National Priorities List AGENCY: Environmental... pollution control, Chemicals, Hazardous Waste, Hazardous substances, Intergovernmental relations, Penalties... error in processing the direct- final rule. The online Federal Document Management System (FDMS) did not...

  9. 76 FR 56362 - National Oil and Hazardous Substances Pollution Contingency Plan National Priorities List

    Science.gov (United States)

    2011-09-13

    ... and Hazardous Substances Pollution Contingency Plan National Priorities List AGENCY: Environmental... protection, Air pollution control, Chemicals, Hazardous Waste, Hazardous substances, Intergovernmental... processing the deletion notice. The online Federal Document Management System (FDMS) did not include required...

  10. 76 FR 510 - National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List...

    Science.gov (United States)

    2011-01-05

    ..., Intergovernmental relations, Penalties, Reporting and recordkeeping requirements, Superfund, Water pollution control... and Hazardous Substances Pollution Contingency Plan; National Priorities List: Partial Deletion of the... Site is located in Albuquerque, Bernalillo County, New Mexico. After this deletion, this 62 acres will...

  11. After the oil peak - How do we build preparedness with divergent visions of the future?; Efter oljetoppen - Hur bygger vi beredskap naer framtidsbilderna gaar isaer?

    Energy Technology Data Exchange (ETDEWEB)

    Helmfrid, Hillevi; Haden, Andrew

    2006-04-15

    forestry, and the efficiency of existing technology for converting raw material to biofuels. We estimate the land needed to meet Sweden's gasoline and diesel use in the following forms: ethanol from wheat, biodiesel from rapeseed (RME), dimethyl ether (DME) from woody biomass, ethanol from woody biomass, and biogas produced from dedicated pasture crops. Our calculations indicate that Sweden would require as little as 4 million hectares of dedicated pasture crops to be grown for biogas production to replace its gasoline and diesel consumption, 6 million hectares to produce an equivalent amount of ethanol and RME, or 15 million hectares of forestland to replace this consumption by converting wood into ethanol or DME and/or methanol. Given that Sweden currently has 2.6 million hectares of arable land in active production, and approximately 22.7 million hectares of economically productive forestland, becoming free of oil dependence will be a significant challenge. Chapter 7 presents two future visions from the year 2100. The visions highlight the current diversity of values and expectations that exist in Sweden regarding the future development. The visions take into account three system levels: 1) the global level, 2) Sweden at the national level and, 3) the Swedish 'green sector'. These three system levels are described within two broad future visions: a) the 'high-energy society' and b) the 'low-energy society'. The 'high-energy society' vision is based on the assumption that replacing oil will be relatively easy. In contrast, the 'low-energy society' vision is based on the assumption that today's high level of energy consumption will be impossible to maintain after global oil production peaks, and society will be forced to find new patterns of organization that require less energy consumption. In both visions it is presumed that global solidarity is maintained, and humanity is able to equalize the global income gap

  12. The design, results and future development of the National Energy Strategy Environmental Analysis Model (NESEAM)

    International Nuclear Information System (INIS)

    Fisher, R.E.; Boyd, G.A.; Breed, W.S.

    1991-01-01

    The National Energy Strategy Environmental Model (NESEAM) has been developed to project emissions for the National Energy Strategy (NES). Two scenarios were evaluated for the NES, a Current Policy Base Case and a NES Action Case. The results from the NES Actions Case project much lower emissions than the Current Policy Base Case. Future enhancements to NESEAM will focus on fuel cycle analysis, including future technologies and additional pollutants to model. NESEAM's flexibility will allow it to model other future legislative issues. 7 refs., 4 figs., 2 tabs

  13. Oil-Free Shaft Support System Rotordynamics: Past, Present, and Future Challenges and Opportunities

    Science.gov (United States)

    DellaCorte, Christopher

    2011-01-01

    Recent breakthroughs in Oil-Free technologies have enabled new high-speed rotor systems and turbomachinery. Such technologies can include compliant-surface gas bearings, magnetic bearings, and advanced solid lubricants and tribo-materials. This presentation briefly reviews critical technology developments and the current state-of-the-art, emerging Oil-Free rotor systems and discusses obstacles preventing more widespread use. Key examples of "best practices" for deploying Oil-Free technologies will be presented and remaining major technical questions surrounding Oil-Free technologies will be brought forward.

  14. Sandia National Laboratories Strategic Context Workshop Series 2017: National Security Futures for Strategic Thinking.

    Energy Technology Data Exchange (ETDEWEB)

    Keller, Elizabeth James Kistin [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Roll, Elizabeth [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Aamir, Munaf Syed [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Bull, Diana L. [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Deland, Sharon M. [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Haddal, Chad [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Passell, Howard D. [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Foley, John T. [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Harwell, Amber Suzanne [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Otis, Monique [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Backus, George A. [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Jones, Wendell [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Bawden, Michael Greet Shander [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Craft, Richard L. [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Kistin, David [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Martin, Jeffrey B. [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); McNicol, Bradley Robert [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Vannoni, Michael G. [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Trost, Lawrence C. [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Tsao, Jeffrey Y. [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Weaver, Karla [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States)

    2018-01-01

    In August 2017, Sandia convened five workshops to explore the future of advanced technologies and global peace and security through the lenses of deterrence, information, innovation, nonproliferation, and population and Earth systems.

  15. Climate change, future Arctic Sea ice, and the competitiveness of European Arctic offshore oil and gas production on world markets.

    Science.gov (United States)

    Petrick, Sebastian; Riemann-Campe, Kathrin; Hoog, Sven; Growitsch, Christian; Schwind, Hannah; Gerdes, Rüdiger; Rehdanz, Katrin

    2017-12-01

    A significant share of the world's undiscovered oil and natural gas resources are assumed to lie under the seabed of the Arctic Ocean. Up until now, the exploitation of the resources especially under the European Arctic has largely been prevented by the challenges posed by sea ice coverage, harsh weather conditions, darkness, remoteness of the fields, and lack of infrastructure. Gradual warming has, however, improved the accessibility of the Arctic Ocean. We show for the most resource-abundant European Arctic Seas whether and how a climate induced reduction in sea ice might impact future accessibility of offshore natural gas and crude oil resources. Based on this analysis we show for a number of illustrative but representative locations which technology options exist based on a cost-minimization assessment. We find that under current hydrocarbon prices, oil and gas from the European offshore Arctic is not competitive on world markets.

  16. 78 FR 45064 - National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List...

    Science.gov (United States)

    2013-07-26

    ... Group'') in June1988. The PRP Group removed the bulk contents of an underground tank, a septic tank, 3... contaminated groundwater prevent exposure to contaminants in the buildings, aboveground and underground tanks... water in the wet area prevent future wetlands contamination from surface water runoff and discharge...

  17. 76 FR 18066 - National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List...

    Science.gov (United States)

    2011-04-01

    .... Minimize migration of VOCs to groundwater. Reduce, within a reasonable time frame, risks to workers posed by inhalation of airborne contaminants volatilized from groundwater. Reduce risks to human health and..., sites deleted from the NPL remain eligible for Fund-financed remedial actions if future conditions...

  18. Malaysian palm oil. Surviving the food versus fuel dispute for a sustainable future

    International Nuclear Information System (INIS)

    Lam, Man Kee; Tan, Kok Tat; Lee, Keat Teong; Mohamed, Abdul Rahman

    2009-01-01

    For the past few decades, palm oil has gone through a revolution that few would have predicted. From a humble source of edible oil that was heavily criticized as being un-healthy and un-fit for human consumption, it has proven itself based on scientific findings that it is indeed one of the most nutritious edible oils in the world. Besides, palm oil, the cheapest vegetable oil in the market has diversified as one of the main feedstock for oleo-chemical industries. Recently, with the price of crude petroleum hitting records height every other day, palm oil has become one of the few feasible sources for biodiesel, a renewable substitute for petroleum-derived diesel. Nevertheless, the conversion of palm oil into biodiesel has again received criticism from various NGOs worldwide, mainly on extinction of orang utans, deforestation and particularly the food versus fuel dispute. It was claimed that the conversion of food crops to fuel would significantly increase the number of undernourished people in the world. Malaysia, being the world second largest producer of palm oil, is not spared from this criticism. On the contrary, in the present study it was found that palm oil is indeed the most economical and sustainable source of food and biofuel in the world market. Besides, it was shown that it has the capacity to fulfill both demands simultaneously rather than engaging in priority debate. Nevertheless, fuel is now a necessity rather than a luxury for economy and development purposes. A few strategies will then be presented on how palm oil can survive in this feud and emerged as the main supply of affordable and healthy source of edible oil while concurrently satisfying the market demand for biodiesel throughout the world. (author)

  19. Malaysian palm oil. Surviving the food versus fuel dispute for a sustainable future

    Energy Technology Data Exchange (ETDEWEB)

    Lam, Man Kee; Tan, Kok Tat; Lee, Keat Teong; Mohamed, Abdul Rahman [School of Chemical Engineering, Engineering Campus, Universiti Sains Malaysia, 14300 Nibong Tebal, Seberang Perai Selatan, Pulau Pinang (Malaysia)

    2009-08-15

    For the past few decades, palm oil has gone through a revolution that few would have predicted. From a humble source of edible oil that was heavily criticized as being un-healthy and un-fit for human consumption, it has proven itself based on scientific findings that it is indeed one of the most nutritious edible oils in the world. Besides, palm oil, the cheapest vegetable oil in the market has diversified as one of the main feedstock for oleo-chemical industries. Recently, with the price of crude petroleum hitting records height every other day, palm oil has become one of the few feasible sources for biodiesel, a renewable substitute for petroleum-derived diesel. Nevertheless, the conversion of palm oil into biodiesel has again received criticism from various NGOs worldwide, mainly on extinction of orang utans, deforestation and particularly the food versus fuel dispute. It was claimed that the conversion of food crops to fuel would significantly increase the number of undernourished people in the world. Malaysia, being the world second largest producer of palm oil, is not spared from this criticism. On the contrary, in the present study it was found that palm oil is indeed the most economical and sustainable source of food and biofuel in the world market. Besides, it was shown that it has the capacity to fulfill both demands simultaneously rather than engaging in priority debate. Nevertheless, fuel is now a necessity rather than a luxury for economy and development purposes. A few strategies will then be presented on how palm oil can survive in this feud and emerged as the main supply of affordable and healthy source of edible oil while concurrently satisfying the market demand for biodiesel throughout the world. (author)

  20. Hidden action or hidden strategy: China's control of its national oil companies

    Science.gov (United States)

    Humphrey, Charles

    China's rapid economic growth has been accompanied by parallel growth in energy demand, particularly in demand for oil. Due to political and economic constraints on domestic reform, the CPC has focused on the international dimension through the creation of vertically integrated national oil companies. The foreign investments of these companies have become increasingly controversial due to the high levels of political and financial support afforded them by the CPC. I measure control by employing a model of institutional constraints on state-owned enterprises in conjunction with a managerial variant of Principal Agent theory well suited to political analyses. I conclude that the combination of institutional overlap, the process which led to the formation of the CNOCs as they currently exist and the current overseas activities of the CNOCs all demonstrate that the CPC is in control of the CNOCs.

  1. Global, regional, and national consumption levels of dietary fats and oils in 1990 and 2010

    DEFF Research Database (Denmark)

    Micha, Renata; Khatibzadeh, Shahab; Shi, Peilin

    2014-01-01

    at older ages. Intakes were similar by sex. Between 1990 and 2010, global saturated fat, dietary cholesterol, and trans fat intakes remained stable, while omega 6, seafood omega 3, and plant omega 3 fat intakes each increased. CONCLUSIONS: These novel global data on dietary fats and oils identify dramatic......OBJECTIVES: To quantify global consumption of key dietary fats and oils by country, age, and sex in 1990 and 2010. DESIGN: Data were identified, obtained, and assessed among adults in 16 age- and sex-specific groups from dietary surveys worldwide on saturated, omega 6, seafood omega 3, plant omega....../day (228 mg/day) for dietary cholesterol; 5 to 3,886 mg/day (163 mg/day) for seafood omega 3; and plant omega 3. Countries representing 52.4% of the global population had national mean intakes for omega 6 fat ≥ 5%E; corresponding proportions meeting optimal intakes...

  2. Environmental components of OCS policy committee recommendations regarding national oil spill prevention and response program

    International Nuclear Information System (INIS)

    Groat, C.G.; Thorman, J.

    1991-01-01

    The Exxon Valdez oil spill of March 24, 1989 resulted in thousands of pages of analytical reports assessing the environmental, organizational, legal, procedural, social, economic, and political aspects of the event. Even though the accident was a transportation incident, it had a major impact on the public and political perception of offshore oil operations. This caused the OCS Policy Committee, which advises the Secretary of the Interior and the Minerals Management Service on Outer Continental Shelf resource development and environmental matters, to undertake a review of the reports for the purpose of developing recommendations to the secretary for improvements in OCS operations that would insure maximum efforts to prevent spills and optimal ability to deal with any that occur. The Committee felt strongly that 'a credible national spill prevention and response program from both OCS and non-OCS oil spills in the marine environment is needed to create the political climate for a viable OCS program.' The report of the Committee described eight essential elements of this program; four of these focused on the environmental aspects of oil spills, calling for (1) adequate characterization of the marine and coastal environment, including both information and analysis, accessible to decision makers, (2) the capacity to restore economic and environmental resources as quickly as possible if damage occurs, (3) a mechanism for research on oil spill impacts, and (4) a meaningful role for all interested and responsible parties, including the public, in as many of these activities as possible, from spill prevention and contingency planning to environmental oversight of ongoing operations and participation in clean-up and restoration activities

  3. 75 FR 43082 - National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List...

    Science.gov (United States)

    2010-07-23

    ..., most of which is devoted to ammunition storage. LEAD was the subject of two listings on the National... test trenches were completed in this parcel, and one sample was analyzed for Target Analyte List (TAL... various flammable liquids, which were ignited. There was no record of the exact location of the pan, years...

  4. 76 FR 50414 - National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List...

    Science.gov (United States)

    2011-08-15

    ... Superfund Site (Site), located in the Borough of Sayreville, Middlesex County, New Jersey, from the National... Sayreville in Middlesex County, New Jersey, approximately one mile south of Route 535 and one and a half... landfill Site. The deed notice was recorded in Middlesex County on August 10, 2010. In March 2003, in...

  5. 75 FR 55479 - National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List...

    Science.gov (United States)

    2010-09-13

    ... and Hazardous Substances Pollution Contingency Plan; National Priorities List: Partial Deletion of the... . SUPPLEMENTARY INFORMATION: The portion of the site to be deleted from the NPL is the surface media (soil... further actions. List of Subjects in 40 CFR Part 300 Environmental protection, Air pollution control...

  6. 77 FR 31215 - National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List...

    Science.gov (United States)

    2012-05-25

    ... and Hazardous Substances Pollution Contingency Plan; National Priorities List: Partial Deletion of the... the surface soil, unsaturated subsurface soil, surface water and sediments of Operable Unit (OU) 1...: The Environmental Protection Agency (EPA) Region 8 announces the deletion of Operable Unit (OU) 1--the...

  7. 76 FR 45483 - National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List...

    Science.gov (United States)

    2011-07-29

    ... and Hazardous Substances Pollution Contingency Plan; National Priorities List: Notice of Intent for... Contingency Plan (NCP). The EPA and the State of Texas, through the Texas Commission on Environmental Quality... Notice of Deletion for SMPA Superfund Site without prior Notice of Intent for Deletion because EPA views...

  8. 78 FR 11620 - National Oil and Hazardous Substances Pollution Contingency Plan National Priorities List...

    Science.gov (United States)

    2013-02-19

    ... and Hazardous Substances Pollution Contingency Plan National Priorities List: Deletion of the Kerr... Substances Pollution Contingency Plan (NCP). EPA and the State of Illinois, through the Illinois... because we view this as a noncontroversial revision and anticipate no adverse comment. We have explained...

  9. 78 FR 45905 - National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List...

    Science.gov (United States)

    2013-07-30

    ... and Hazardous Substances Pollution Contingency Plan; National Priorities List: Deletion of the Craig... Substances Pollution Contingency Plan (NCP). The EPA and the Commonwealth of Pennsylvania, through the... Craig Farm Drum Superfund Site without prior Notice of Intent to Delete because we view this as a...

  10. 77 FR 43567 - National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List...

    Science.gov (United States)

    2012-07-25

    ... and Hazardous Substances Pollution Contingency Plan; National Priorities List: Deletion of the Fort... Contingency Plan (NCP). The EPA and the State of New Jersey, through the NJ Department of Environmental... Intent to Delete because we view this as a noncontroversial revision and anticipate no adverse comment...

  11. 76 FR 50441 - National Oil and Hazardous Substance Pollution Contingency Plan; National Priorities List...

    Science.gov (United States)

    2011-08-15

    ... and Hazardous Substance Pollution Contingency Plan; National Priorities List: Deletion of the... Substances Pollution Contingency Plan (NCP). The EPA and the State of New Jersey, through the New Jersey... Deletion of the Sayreville Landfill Superfund Site without prior Notice of Intent to Delete because we view...

  12. 76 FR 20605 - National Oil and Hazardous Substance Pollution Contingency Plan National Priorities List...

    Science.gov (United States)

    2011-04-13

    ... and Hazardous Substance Pollution Contingency Plan National Priorities List: Deletion of the... Substances Pollution Contingency Plan (NCP). EPA and the State of Michigan, through the Michigan Department... Delete because we view this as a noncontroversial revision and anticipate no adverse comment. We have...

  13. 76 FR 70057 - National Oil and Hazardous Substance Pollution Contingency Plan; National Priorities List...

    Science.gov (United States)

    2011-11-10

    ... and Hazardous Substance Pollution Contingency Plan; National Priorities List: Partial Deletion of the...). Refer to Figures 1 to 3 in the deletion docket to view the location of the two parcels being proposed... Substances Pollution Contingency Plan (NCP). This direct final partial deletion is being published by EPA...

  14. 78 FR 47267 - National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List...

    Science.gov (United States)

    2013-08-05

    ... and Hazardous Substances Pollution Contingency Plan; National Priorities List: Deletion of the... Contingency Plan (NCP). The EPA and the State of Oklahoma, through the Oklahoma Department of Environmental... without prior Notice of Intent to Delete because we view this as a noncontroversial revision and...

  15. 76 FR 51316 - National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List...

    Science.gov (United States)

    2011-08-18

    ... and Hazardous Substances Pollution Contingency Plan; National Priorities List: Deletion of the... Contingency Plan (NCP). The EPA and the Commonwealth of Puerto Rico, through the Puerto Rico Environmental... Site without prior Notice of Intent to Delete because we view this as a noncontroversial revision and...

  16. 78 FR 44512 - National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List...

    Science.gov (United States)

    2013-07-24

    ... and Hazardous Substances Pollution Contingency Plan; National Priorities List: Deletion of the Sola... Pollution Contingency Plan (NCP). The EPA and the State of California, through the Regional Water Quality...., Inc. Superfund Site without prior Notice of Intent to Delete because we view this as a...

  17. 76 FR 32115 - National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List...

    Science.gov (United States)

    2011-06-03

    ... and Hazardous Substances Pollution Contingency Plan; National Priorities List: Intent To Delete the... Substances Pollution Contingency Plan (NCP). The EPA and the State of Delaware, through the Delaware... Delete because EPA views this as a noncontroversial revision and anticipates no adverse comment. We have...

  18. 78 FR 45167 - National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List...

    Science.gov (United States)

    2013-07-26

    ... and Hazardous Substances Pollution Contingency Plan; National Priorities List: Deletion of the Cannon... Substances Pollution Contingency Plan (NCP). The EPA and the State of Massachusetts, through the...), Superfund Site without prior Notice of Intent to Delete because we view this as a noncontroversial revision...

  19. 77 FR 67783 - National Oil and Hazardous Substance Pollution Contingency Plan National Priorities List...

    Science.gov (United States)

    2012-11-14

    ... and Hazardous Substance Pollution Contingency Plan National Priorities List: Deletion of the Waste... and Hazardous Substances Pollution Contingency Plan (NCP). EPA and the State of Michigan, through the...-Holland Lagoons Superfund Site without prior Notice of Intent to Delete because we view this as a...

  20. 77 FR 58321 - National Oil and Hazardous Substances Pollution Contingency Plan; National Priorities List...

    Science.gov (United States)

    2012-09-20

    ... Hanover County Airport Burn Pit Superfund Site AGENCY: Environmental Protection Agency. ACTION: Final rule... Airport Burn Pit Superfund Site (Site) located in Wilmington, North Carolina, from the National Priorities... INFORMATION: The site to be deleted from the NPL is: New Hanover County Airport Burn Pit Superfund Site...

  1. Geoperspective | Oil and Gas in the Netherlands – Is there a future?

    NARCIS (Netherlands)

    Herber, R.; Jager, J. de

    2010-01-01

    The impact of oil and, in particular, gas fields discovered in the Dutch subsurface has been very significant. However, 50 years after the discovery of the giant Groningen gas field the Netherlands has become very mature for exploration of oil and gas, and the gas volume left to be discovered in

  2. The impact of oil price volatility on the future of the U.S. economy

    International Nuclear Information System (INIS)

    Boyd, Roy; Doroodian, K.; Thornton, Dennis

    2000-01-01

    This paper examines the impact of a foreign oil price shock on domestic energy markets as well as the U.S. economy as a whole. The analytical approach employed in the analysis consisted of a dynamic CGE model composed of eight production sectors, eight consumption sectors, three household categories classified by income, foreign sector, and the government. The results show that oil price shocks will have, as expected, a significantly positive effect on crude oil production. We also find that such price shocks negatively affect the refinery sector as input costs rise there. A decline in per-well productivity has the effect of dampening the rise in crude oil extraction and causing a further decline in refinery output. Economy-wide, the impact of a new series of oil price shocks is quite limited with overall welfare falling, but nowhere near the levels experienced in the 1970s and early 1980s. (Author)

  3. The price of oil and the future of Middle East Gas

    International Nuclear Information System (INIS)

    Zaki Yamani, A.

    1997-01-01

    Most LNG contracts relate the LNG price received by the supplier at the point of delivery to a relevant oil price. Gas and oil are thus closely connected so that when the price of landed oil decreases so dose the price of delivered LNG. With large fixed transportation and liquefaction costs, accounting for around 85% of the supply cost of delivered LNG in the case of Qatari LNG supplied to japan, you can imagine how large falls in the price paid for delivered LNG would squeeze the net back to the producer back in Qatar. However, low oil price can do some damage to the economics of existing LNG projects in the Middle East. More importantly, persistently low oil prices can prevent new LNG projects from leaving the drawing board-which will stifle the exciting export potential of Middle Eastern gas

  4. The future world oil market: state of nature or social contract?

    International Nuclear Information System (INIS)

    Noel, P.

    1999-10-01

    Mary Ann Tetreault develops a very interesting interpretation of the emerging new relationship between international oil companies and Middle East producing countries. The original intellectual tools she handles-concepts drawn from the European political philosophy tradition-allow her to argue as follows: (1) the oil market left to itself- whether participants are states or firms-behaves like a Hobbesian ''state of nature'' often resulting in a situation damaging to each participant; (2) to deal with it, the international oil community has historically relied on different types of organisations, but these social contracts or ''republics'' were inherently unstable since they rested on too narrowly defined interests; (3) the rationale behind the possible return of oil companies to the richest Middle East countries is the search for new ''international oil republics'' able to ''offer greater security and higher profits for all the good republicans among them''. (author)

  5. The Threats from Oil Spills: Now, Then, and in the Future

    Energy Technology Data Exchange (ETDEWEB)

    Jerneloev, Arne (Vienna (Austria)), e-mail: arne.jernelov@chello.at

    2010-07-15

    The recent oil spill from the blown-out well by the name of Macondo, drilled by the ill-fated rig Deepwater Horizon, has many features in common with another blowout in the Mexican Gulf that happened three decades ago. Then the oil gushed out from the Ixtoc I well drilled by the Sedco 135-F semi-submersible rig. In the years between these catastrophes, the source and nature of oil spills have undergone large changes. Huge spills from tankers that ran aground or collided used to be what caught the headlines and caused large ecological damage. The number and size of such accidental spills have decreased significantly. Instead, spills from ageing, ill-maintained or sabotaged pipelines have increased, and places like Arctic Russia, the Niger Delta, and the northwestern Amazon have become sites of reoccurring oil pollution. As for blowouts, there is no clear trend with regard to the number of incidences or amounts of spilled oil, but deepwater blowouts are much harder to cap and thus tend to go on longer and result in the release of larger quantities of oil. Also, oil exploration and extraction is moving into ever deeper water and into stormier and icier seas, increasing potential risks. The risk for reoccurring spills like the two huge Mexican Gulf ones is eminent and must be reduced

  6. Water use impacts of future transport fuels: role of California's climate policy & National biofuel policies (Invited)

    Science.gov (United States)

    Teter, J.; Yeh, S.; Mishra, G. S.; Tiedeman, K.; Yang, C.

    2013-12-01

    In the coming decades, growing demand for energy and water and the need to address climate change will create huge challenges for energy policy and natural resource management. Synergistic strategies must be developed to conserve and use both resources more efficiently. California (CA) is a prime example of a region where policymakers have began to incorporate water planning in energy infrastructure development. But more must be done as CA transforms its energy system to meet its climate target. We analyze lifecycle water use of current and future transport fuel consumption to evaluate impacts & formulate mitigation strategies for the state at the watershed scale. Four 'bounding cases' for CA's future transportation demand to year 2030 are projected for analysis: two scenarios that only meet the 2020 climate target (business-as-usual, BAU) with high / low water use intensity, and two that meet long-term climate target with high / low water use intensity (Fig 1). Our study focuses on the following energy supply chains: (a) liquid fuels from conventional/unconventional oil & gas, (b) thermoelectric and renewable generation technologies, and (c) biofuels (Fig 2-3). We develop plausible siting scenarios that bound the range of possible water sources, impacts, and dispositions to provide insights into how to best allocate water and limit water impacts of energy development. We further identify constraints & opportunities to improve water use efficiency and highlight salient policy relevant lessons. For biofuels we extend our scope to the entire US as most of the biofuels consumed in California are and will be produced from outside of the state. We analyze policy impacts that capture both direct & indirect land use effects across scenarios, thus addressing the major shortcomings of existing studies, which ignore spatial heterogeneity as well as economic effects of crop displacement and the effects of crop intensification and extensification. We use the agronomic

  7. Modeled Oil and Gas Atmospheric Impacts in National Parks and Wilderness Areas in the Western US

    Science.gov (United States)

    Thompson, T. M.; Barna, M. G.; Schichtel, B. A.; Vimont, J.; Moore, C. T.

    2014-12-01

    Oil and gas production in the Western United States has increased considerably over the past 10 years. While many of the still limited oil and gas impact assessments have focused on potential human health impacts, the typically remote locations of production in the Intermountain West suggests that the impacts of oil and gas production on national parks and wilderness areas (class 1&2 areas) could also be important. To evaluate this, we utilize the Comprehensive Air quality Model with Extensions (CAMx) with two year-long modeling episodes representing 2008 and 2011, meteorology and emissions. The model inputs for the 2008 and 2011 episodes were generated as part of the West-wide Jump-start Air Quality Modeling Study (WestJumpAQMS) and Three State Air Quality Study (3SAQS) respectively. Both studies included a detailed assessment of oil and gas (O&G) emissions in Western States for the respective years. Each year-long modeling episode was run both with and without emissions from O&G production. The difference between these two runs provides an estimate of the contribution of the O&G production to air quality. These data were used to assess the contribution of O&G to the 8 hour average ozone concentrations, daily and annual fine particulate concentrations, annual nitrogen deposition totals and visibility in the modeling domain. We present the results for the class 1&2 areas in the Western US. We also present temporal trends of O&G impacts, differentiating between trends in urban and rural areas.

  8. Enhancing National Participation in the Oil and Gas Industry in Uganda

    Energy Technology Data Exchange (ETDEWEB)

    Heum, Per; Mwakali, Jackson A.; Ekern, Ole Fredrik; Byaruhanga, Jackson N.M.; Koojo, Charles A.; Bigirwenkya, Naptali K.

    2011-07-01

    In realization of the petroleum industry potential, Uganda's Oil and Gas policy seeks to optimize wealth creation from the industry to enhance the welfare of the citizens. This study has examined how Uganda may benefit from the participation of Ugandans and Ugandan firms in the petroleum activities. In the literature this is frequently referred to by applying the term local content. Local in this sense, however, refers to national as opposed to international or foreign contributions. Thus, we apply the concept national content to avoid any misunderstanding. Focus of our study has been on identifying the opportunities, gaps and challenges posed by the petroleum industry to recommend necessary measures to maximize the benefits of national content otherwise defined as national participation.The study has examined lessons Uganda may draw on from other countries and from the economic literature on industrial growth and national wealth. Furthermore, the specific point of departure for Uganda with regard to expected petroleum activities, Uganda's industrial base and its human resource base, has been investigated. On this basis, the study has made its recommendations.(eb)

  9. Our energy future is not set in stone. How can the demand for oil and gas in 2035 be met?

    International Nuclear Information System (INIS)

    Charlez, Philippe A.

    2014-01-01

    If technology is an undeniable catalyst for progress, then energy is its inevitable basic food. It is no coincidence that since the industrial revolution, economic growth has been fuelled first by coal, then by oil and gas. Although energy intensity reserves are still sizeable in emerging economies and the technological catalyst can partially dematerialise growth, it is unrealistic to separate growth from its basic food. And, even if the 'fossil energies share' (oil/gas/coal) will lose a few percent to nuclear and renewable energies over the next decades, all the indicators point to a world mix in which the fossil energy share will still top 75% by 2035. Driven by growth in emerging countries, the demand for oil and gas will continue to grow steadily. Even if there are enough oil and gas reserves to see us through the next three decades, will the industry be able to exploit and produce new resources that are increasingly complex to develop at a sufficient rate and which are often located in politically unstable countries? Not to mention the added challenge of the growing numbers of stakeholders who are increasingly insistent on industrial safety, environment and societal issues? In particular, will non-conventional resources, whose production growth could defer the oil and gas peaks by several decades, be able to withstand political and environmental lobbies? The evolution of oil and gas landscape over the past few years reveals a disturbing increase in the time required to develop large new fields and an accelerated decline of the production base due to the ageing of most of the mature-field facilities. This book aims to analyze all the critical factors (technical, political, economic, social and human) that could potentially accelerate or delay the maintenance and redevelopment of mature producing fields as well as the discovery and development of new conventional and unconventional resources. Insofar as in 2035, oil and gas still account for more than half of

  10. Recent and future developments of the oil industry in Russian Federation and more particularly in the Republic of Baskortostan

    International Nuclear Information System (INIS)

    Garifullin, R.

    2001-09-01

    The objective of the thesis is to analyse the actual situation in the Russian oil industry and to envisage basic ways if its future development. The first chapter evaluates the place of the former USSR and Russia in the world and particularly European systems of energy supply. The three next chapters analyse the currents situation in the sectors of oil exploration and production, logistics and refining in Russia. The fifth chapter aims to figure out the perspectives of the refining industry taking into account the evolution of demand for basic petroleum products and the production capacities. Optimisation of refining and production volumes between the Russian refineries is done by minimising the transportation cost between the refineries and consuming regions by using linear programming. The last chapter analyses the regional impacts of the oil industry taking the Republic of Baskortostan as example. The contribution of the oil industry to regional development is evaluated in the framework of the export base theory using the Input-Output analysis as mathematical tool. (author)

  11. The behavior of crude oil spot and futures prices around OPEC and SPR announcements: An event study perspective

    International Nuclear Information System (INIS)

    Demirer, Riza; Kutan, Ali M.

    2010-01-01

    This paper examines the informational efficiency of crude oil spot and futures markets with respect to OPEC conference and U.S. Strategic Petroleum Reserve (SPR) announcements. We employ the event study methodology to examine the abnormal returns in crude oil spot and futures markets around OPEC conference and SPR announcement dates between 1983 and 2008. Our findings regarding OPEC announcements indicate an asymmetry in that only OPEC production cut announcements yield a statistically significant impact with the impact diminishing for longer maturities. We also find that the persistence of returns following OPEC production cut announcements creates substantial excess returns to investors who take long positions on the day following the end of OPEC conferences. In the case of SPR announcements, we find that the government's use of this program initiates a short-run market reaction following the announcement date. Furthermore, our tests of cumulative abnormal returns suggest that the market reacts efficiently to SPR announcements providing support for the use of the strategic reserves as a tool to stabilize the oil market. Our findings have significant policy implications for investors and are useful in designing effective energy policy strategies.

  12. DOD Future Energy Resources. Proceedings of Workshops Held at the National Defense University

    National Research Council Canada - National Science Library

    2003-01-01

    .... In response to concerns about U.S. and global depletion of cheap petroleum resources and the particular impact of this on future DOD energy resource needs, a series of workshops were held during 2002 and 2003 at National Defense University...

  13. Mapping the future of CIC Division, Los Alamos National Laboratory. Final report

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1996-01-01

    This report summarizes three scenario-based strategic planning workshops run for the CIC Division of the Los Alamos National Laboratory during November and December, 1995. Each of the two-day meetings was facilitated by Northeast Consulting Resources, Inc. (NCRI) of Boston, MA. using the Future Mapping{reg_sign} methodology.

  14. Future Ready Learning: Reimagining the Role of Technology in Education. 2016 National Education Technology Plan

    Science.gov (United States)

    Thomas, Susan

    2016-01-01

    The National Education Technology Plan is the flagship educational technology policy document for the United States. The 2016 Plan, "Future Ready Learning: Reimagining the Role of Technology in Education," articulates a vision of equity, active use, and collaborative leadership to make everywhere, all-the-time learning possible. While…

  15. The future of Alberta's oil and gas: Long-term strategies necessary to sustain markets

    International Nuclear Information System (INIS)

    Anon

    2002-01-01

    The Canadian Association of Petroleum Producers predicts that based on current combustion and depending on world oil prices, Canadian oil sands can supply North American demand for 40 years and Canadian natural gas can meet North American requirements for 20 years. Natural gas production in the U.S. is greater in total energy output than oil production of the world's largest oil producer, Saudi Arabia. At the same time the U.S. gas industry is confronting a unique and profound combination of events, namely it is facing the first true shortage of deliverable reserves in its history. This may be harsh news for the consumer, however, for Alberta's oil and gas industry, the new world energy order has the potential to be a huge blessing. With relatively large, unexploited oil and gas reserves and a next door neighbour with the world's most voracious appetite for fossil fuels, it is inevitable that much of this shortage is going to be satisfied by oil and gas from Canadian sources. Nevertheless, there are some barriers to be overcome. The greatest barriers to an assured U. S. market for Canadian oil and gas is competition from Venezuelan heavy crude and synthetic crude and light sour crude from the Gulf of Mexico. To assure a ready market for Canadian heavy crude in the U. S. Midwest, Canadian producers need to be pro-active in working with U. S. refiners to develop new conversion capacity, or develop upgrading in Canada. Mexico and Venezuela have been successfully participating in major U. S. expansions in coker projects to allow projects to run heavy crude. This will eventually result in an additional 600,000 barrels per day of heavy crude available on the U. S. market, putting further pressure on Canadian markets. The challenge is for Albertan producers to undertake similar strategies with U. S. Midwest refiners for heavy and synthetic crude. Long-term supply arrangements appear to be the only way to induce American Midwest refiners to make more investment to process

  16. Balancing functional and nutritional quality of oils and fats: Current requirements and future trends

    Directory of Open Access Journals (Sweden)

    Van den Bremt Karen

    2012-03-01

    Full Text Available Oils and fats play an important role in the structure, aroma and stability of a wide variety of food products, as well as in their nutritional properties. For Puratos, a producer of ingredients for bakery, patisserie and chocolate sector, functionality and taste are of utmost importance, but the company also wants to contribute to the balanced diet of consumers. Vegetable oils and fats are used in margarines and releasing agents, vegetable creams, compound chocolate, fillings and emulsifiers. Each application requires an oil or fat with specific physicochemical properties in order to ensure the optimal structure, stability and taste of the end product. Traditionally, (partially hydrogenated vegetable oils deliver important functional characteristics concerning crystallization behaviour, directly linked with the workability, melting properties, stability and mouth feel of the food product. However, due to negative nutritional implications, trans fats are to be replaced by healthier alternatives, preferably not by saturated fats. Consumers – and in some regions, legal instances – demand transfree or hydro-free products while not compromising on taste. Alternative fats and oils will be discussed concerning their functional and nutritional properties.

  17. The future world oil market: state of nature or social contract?

    Energy Technology Data Exchange (ETDEWEB)

    Noel, P

    1999-10-01

    Mary Ann Tetreault develops a very interesting interpretation of the emerging new relationship between international oil companies and Middle East producing countries. The original intellectual tools she handles-concepts drawn from the European political philosophy tradition-allow her to argue as follows: (1) the oil market left to itself- whether participants are states or firms-behaves like a Hobbesian ''state of nature'' often resulting in a situation damaging to each participant; (2) to deal with it, the international oil community has historically relied on different types of organisations, but these social contracts or ''republics'' were inherently unstable since they rested on too narrowly defined interests; (3) the rationale behind the possible return of oil companies to the richest Middle East countries is the search for new ''international oil republics'' able to ''offer greater security and higher profits for all the good republicans among them''. (author)

  18. On the future role of Gulf oil in meeting world energy demand

    International Nuclear Information System (INIS)

    Nagy Eltony, M.

    1996-01-01

    The validity of the view of a growing dependence of the world on oil from the Persian Gulf, and the resulting implications for the economies of the Gulf countries were examined. The prevailing view in the countries of the Persian Gulf is that the demand for oil will continue to rise, resulting in the inevitable increase in prices which will in turn alleviate the budget deficit problems currently encountered by most of the countries of the Gulf Cooperation Council (GCC) states. The author argues that the implication of this view is that GCC countries are failing to address the fundamental structural problems within their economies, and raise questions that tend to undermine this hypothesis of continuing dependence on Gulf oil by the rest of the world. Some of these factors are growing reliance on electricity and natural gas, environmental concerns, development of alternative fuels, political instability in the Gulf states and the potential interruption in supply, all of which tend to accelerate the trend towards reduced demand for Gulf oil. The following have been recommended as ways of avoiding the ultimate risk of huge unwanted oil reserves: diversification of the economies of GCC countries; reduced spending and increased investment in developing further capacity from non-GCC sources through cooperation and joint ventures between developing countries and international companies; a more active role in worldwide decisions relating to environmental concerns; and finally, a systematic monitoring and evaluation of the likely impacts of new developments in all areas of alternative energy. 17 refs

  19. The Share Price and Investment: Current Footprints for Future Oil and Gas Industry Performance

    Directory of Open Access Journals (Sweden)

    Ionel Jianu

    2018-02-01

    Full Text Available The share price has become a very important indicator for shareholders, banks, and financial institutions evaluating the performance of companies. The oil and gas industry seems to be in a difficult era of development, due to the market prices for its products. Moreover, climate change and renewable energies are barriers for fossil energy. This state of affairs, and the fact that oil and gas shares are considered one of the most solid and reliable shares on the London Stock Exchange (LSE, have drawn our attention. International institutions encourage the investment in the oil and gas economic sector. This study investigates how investments of oil and gas companies in long-term assets influence the share price. Using the Ohlson share price model for a sample of 51 listed companies on the LSE proves that investments in long-term assets influence the share price in the case of companies which record losses. Investments in long-term assets are responsible for the attractiveness of the oil and gas company shares.

  20. Implications for the future and recommendations for modifications to current regulations concerning virgin olive oil

    Directory of Open Access Journals (Sweden)

    Peri, Claudio

    1994-04-01

    Full Text Available The main conclusions of the FLAIR project can be summarized as follows:
    1. The sensory wheel set up by the FLAIR team is proposed as a European standard to evaluate the sensory profile of extra virgin olive oil.
    2. Preference studies demonstrate that the sensory profile of extra virgin olive oil should be optimized as a function of consumer expectations. Once a sensory profile has been selected, it must be used as a reference for product standardization.
    3. Sensory analysis cannot be used as a legal tool for evaluating the quality or the origin of extra virgin olive oils. It is suggested that a sensory test can only be used as a legal tool if it is applied to assess the absence of defects. This implies a modification of the COI test.
    4. The Good Manufacturing Practices set up by the Flair team are proposed as a European standard for process control and quality system certification.
    5. Nutritional studies demonstrate that extra virgin olive oil has a noticeable in vivo antioxidant activity. This activity is related to the tocopherols and phenols content of oil and is highly varietydependent.

  1. Investing for the future : Athabasca Oil Sands Trust 1998 annual report

    International Nuclear Information System (INIS)

    1999-01-01

    The Athabasca Oil Sand Trust was created in 1995 when a subsidiary of the Trust, Athabasca Oil Sands Investment Inc., acquired Alberta's 11.74 per cent working interest in the Syncrude Project, which is a joint venture involved in the mining and upgrading of bitumen from the Athabasca oil sands. The Trust is a closed-end investment trust which was created to provide an opportunity for direct public investment in Syncrude and oil sands development in northern Alberta. Syncrude, produced a record 76.7 million barrels of Syncrude Sweet Blend (SSB), and shipped its one billionth barrel on April 16, 1998. Another key achievement in 1998 was the investment the Syncrude Joint Venture Partners of almost half a billion dollars to maintain Syncrude's operations and pursue the Business Plan growth targets outlined in last year's report. By aggressively pursuing this capital investment program despite the current low oil prices, the Syncrude Joint Venture Partners expect to double SSB production to 155 million barrels per year by 2007. The Athabasca Trust's share of these capital expenditures to fuel the projected growth in production is about $ 70 million this year and the next. The report provides operating statistics on production, financial highlights and consolidated balance sheets for 1998, including operating expenditures, capital expenditures, and the usual notes to the consolidated financial statement. 10 tabs., 2 figs

  2. Oils

    Energy Technology Data Exchange (ETDEWEB)

    Fabbri, S

    1909-11-29

    Mineral, shale, and like oils are treated successively with sulfuric acid, milk of lime, and a mixture of calcium oxide, sodium chloride, and water, and finally a solution of naphthalene in toluene is added. The product is suitable for lighting, and for use as a motor fuel; for the latter purpose, it is mixed with a light spirit.

  3. Biotechnology in breeding of industrial oil crops - the present status and future prospects

    Energy Technology Data Exchange (ETDEWEB)

    Friedt, W.

    1988-02-01

    With increasing 'overproduction' of food supplies it is frequently emphasized now that agricultural production of industrial 'non-food' raw materials should be intensified. Many adapted crop plants are already available for producing various kinds of natural materials. Particularly the large group of oil-crops could be used even more widely for providing vegetable oils. The example of rape-seed (Brassica Napus) clearly demonstrates that the composition of vegetable oil can be completely reconstructed according to the wishes of manufacturers or consumers, even by conventional breeding methods. Rapid and efficient breeding is expected by application of modern 'biotechnology'. Where variation for a character like oil-quality is limited within a crop plnt, a wide range of alien wild species is available for broadening genetic variation of plants like rapeseed, sunflower (Helianthus annuus) or linseed (flax, Linum usitatissimum). Exploration of such 'new' genetic variation is nowadays facilitated by in vitro embryo culture or cell (protoplast)-fusion techniques. Such biotechniques can help to overcome crossing barriers between species (genus Brassica). In other important oilcrops like linseed or sunflower, biotechniques can now be applied profitably. Protoplasts can be regenerated in Linum, so that asexual interspecific hybrids can principally be produced in that way. Alien species of sunflower and lineseed show a wide range of variation regarding agronomically important characters, particularly of oil composition and disease resistance. This alien genetic variation can be used for breeding new disease resistant oil-crop cultivars. Other techniques, like the 'haploidy-method' can help to accelerate a breeding programme, ultimately leading to a homozygous line or cultivar.

  4. Current status and future of developing Upper Cretaceous oil deposits in the Oktyabrskoye field

    Energy Technology Data Exchange (ETDEWEB)

    Kamyshnikova, A.I.; Lapshin, M.Ye.

    1979-01-01

    The Upper Cretaceous deposit at the Oktyabrskoye field was discovered in 1966. Fractured, cavernous limestone, similar to the producing rock of many Upper Cretaceous deposits of the Chechen Ingush ASSR, form the reservoir. The deposit is situated toward a narrow anticlinal fold with angles of rock drop 40-45/sup 0/. Its heighth is 950m; the average capacity of the producing part is 400m; the deposit depth is 4200-5150m; the layer temperature is 150-160/sup 0/C. Exploratory work on the deposit is incomplete. The deposit was brought under industrial development in 1974. The development is conducted based on a refined, technological system, that includes contour flooding to maintain layer pressure in the center to edge part of the deposit at 36.0 MPa. This somewhat increases the pressure of the gas saturated oil, as well as the subsequent increase in layer pressure to 45.9 MPa for assuring wide open well flow during the late stages of development. Currently, the amount of oil obtained somewhat exceeds the planned level but the pumping volume is less than that planned. The deposit has not yet been studied sufficiently. Its boundaries have not been established; the locations of the initial and working water/oil edges are conditional; the structural plan is approximate. Data on the degree of waterflooding in the deposit and the magnitude of the actual oil yield coefficient are lacking inasmuch as the amount of oil already extracted at this time exceeds the calculated reserves. To increase the effectiveness of further development of the deposit and acquisition of the necessary data for calculating oil reserves, the deposit will be studied according to a special plan over a number of new drilling wells.

  5. The Current and Future Role of Nigerian Indigenous Oil Companies in the Mature Niger Delta

    International Nuclear Information System (INIS)

    David Rowlands, Spectrum Energy and Information Technology Ltd

    2002-01-01

    Over the last 10 years, there has been a steady increase in the number of successful Indigenous Oil Companies exploring for hydrocarbons in the Niger Delta. A number of these companies have already entered into partnership agreements with overseas based oil companies, however, many more are still seeking technical and financial partnership agreements with overseas based oil companies, however, many more are still seeking technical and financial partners to fulfil their licence commitments. The first exploration licence to an Indigenous Company was awarded in the mid eighties. However, it wasn't until the early nineties that the Nigerian Government's intention to privatise the oil industry gathered momentum. Between 1991 and 1993 a number of discretionary awards of acreage from various sedimentary basins in Nigeria were made to Nigerian Indigenous Companies. Many of these companies had little or no previous experience of hydrocarbon exploration.Sixteen of the Indigenous Companies have already reported discoveries in various parts of the delta, either in partnerships with foreign companies or independently. Eight of the Indigenous Companies are producing hydrocarbons. With very little production in the early 90's, the Indigenous Companies now account for over 4.5% of Nigeria's daily production. The government is intent on increasing this percentage through initiatives such as the Marginal Fields re-allocation programme, and the continued award of acreage in traditional license rounds. This paper takes a closer look at the operations and discoveries of two Indigenous Companies Solgas and Summit with the aim of providing an insight into the structure and mode of operation of typical Nigerian Indigenous Oil Companies.The more recent licensing activity in Nigeria includes the current Marginal Fields re-allocation programme and also possible participation of Nigerian companies in the join Development Zone between Nigeria and Sao Tome and Principe. The paper concludes with

  6. Peering into Alberta’s Darkening Future: How Oil Prices Impact Alberta’s Royalty Revenues

    Directory of Open Access Journals (Sweden)

    Sarah Dobson

    2015-03-01

    Full Text Available The price of oil just keeps collapsing — and the fate of Alberta’s revenues is buckling with it. Going into March 2015, it seemed as if prices might have finally found a bottom, somewhere between US$48 and US$52. By the second week of March, they began falling again, to the low forties. These are prices the Alberta government had not even ventured to fathom when first putting together its forecasts for the impact of falling oil prices on the province’s finances. Come the fourth quarter of the Alberta government’s 2014/15 fiscal year, the province’s finances will begin to really feel the blow from the plunge in oil, as royalty payments dry up significantly. Come the 2015/16 fiscal year, the situation becomes even bleaker. In fact, the current fiscal year will seem pleasant compared to the next one. Due to a stronger than expected first half of the year, actual bitumen and crude oil royalties collected in Alberta from April to September 2014 exceeded estimates by $1.3 billion. That will mitigate some of the damage that the continuing slide in prices will cause by the year’s end, with the government’s third quarter update showing expected year-end crude oil and bitumen royalty revenues falling short of the budget target by $549 million. So severe has the fall in oil prices been that, in March 2015, the number of barrels of conventional oil that the government collects in royalties could plummet by up to 53,000 barrels from the 2014/15 budget forecast, declining to just 4,100 barrels per day. This suggests that prices may be nearing a point where royalty collection from conventional crude oil production is at risk of being virtually eliminated. Bitumen royalties are not faring much better. Relative to July 2014, per barrel royalties in February 2015 have potentially declined by 60 to 90 per cent. All told, the combined effect of the changing exchange rate, lower prices, and the lower royalty rates that take effect in this low

  7. Future oil production in Brazil-Estimates based on a Hubbert model

    International Nuclear Information System (INIS)

    Szklo, Alexandre; Machado, Giovani; Schaeffer, Roberto

    2007-01-01

    This paper forecasts oil production in Brazil, according to the Hubbert model and different probabilities for adding reserves. It analyzes why the Hubbert model might be more appropriate to the Brazilian oil industry than that of Hotelling, as it implicitly emphasizes the impacts of information and depletion on the derivative over time of the accumulated discoveries. Brazil's oil production curves indicate production peaks with a time lag of more than 15 years, depending on the certainty (degree of information) associated with the reserves. Reserves with 75% certainty peak at 3.27 Mbpd in 2020, while reserves with 50% certainty peak at 3.28 Mbpd in 2028, and with 30% certainty peak at 3.88 Mbpd in 2036. These findings show that Brazil oil industry is in a stage where the positive impacts of information on expanding reserves (mainly through discoveries) may outstrip the negative impacts of depletion. The still limited number of wells drilled by accumulated discoveries also explain this assertion. Being a characteristic of frontier areas such as Brazil, this indicates the need for ongoing exploratory efforts

  8. 77 FR 36406 - Connect America Fund; a National Broadband Plan for Our Future; Establishing Just and Reasonable...

    Science.gov (United States)

    2012-06-19

    ... America Fund; a National Broadband Plan for Our Future; Establishing Just and Reasonable Rates for Local Exchange Carriers; High-Cost Universal Service Support; Correction AGENCY: Federal Communications...

  9. Future role of oil and natural gas in OPEC and non-OPEC regions up to and beyond the year 2000

    International Nuclear Information System (INIS)

    Ismail, I.A.H.

    1992-01-01

    Oil and Natural Gas are very much interrelated. They are both discovered in sedimentary basins and exist in nature in equilibrium under reservoir conditions deep inside the earth. In many cases, they are found associated with each other in the same reservoir rocks, and hence the name 'petroleum' is used to indicate both oil and natural gas. Their ultimate resources in nature are always comparable. It is, therefore, not surprising to find a close link between the price of natural gas and that of crude oil. It must be stated, however, that this parallel between oil and natural gas has its limits, since natural gas, unlike crude oil, is far from being an international commodity that could benefit from international trade on a global scale. In order to project the future role of oil and natural gas, it is essential to consider their past and present performances in the primary energy mix. (author)

  10. The National electronic library a guide to the future for library managers

    CERN Document Server

    1996-01-01

    The National Information Infrastructure will bring information to the doorstep of every household. Librarianship must respond to this development through the National Electronic Library. Librarianship as a profession must set the information agenda if it is to be a viable and influential entity in the electronic environment. Traditional library services are being redefined by technology, and the concept of the National Electronic Library must combine the roles of the academic institution, public enterprise, and library education. This professional reference is a guide to assist librarians in planning for the future.||The volume maintains that the growing electronic environment is driving a cultural transformation in which libraries must examine and understand what libraries have been, what they are, and what they need to be. Libraries need to participate actively in this transformation in order to remain the central providers of information and related services. The book explores the National Electronic Libra...

  11. The role of oil palm companies in Indonesia as a nation's competitive advantage

    Science.gov (United States)

    Tampubolon, N.; Pasaribu, M.

    2017-09-01

    Indonesia is the largest world Crude Palm Oil (CPO) producer with Malaysia in second place. This agricultural commodity has become a chief Indonesian foreign exchange earner behind fossil fuel exports. In 2016, the export value of this commodity reached USD 17.8 billion. Historically, Malaysia has been more advanced in the CPO delivery, which can be explained by the general companies’environment of management, technological advancement and engineering, human resource skills and superior external support, such as road infrastructure, regulations and research& development by the industry and government. It is clear from data that the Indonesian production is disadvantaged by a wide range of inefficiencies. They range from limited technology and production management skills to limitedcultivation advancement. Applications of technical improvements are desired to enhance the national competitive advantage to the next level. This paper is an exploration of the current management culture and to consider a strategic management model that would be the most appropriate for Indonesia and would enourage high end technology and plantation management. A gradual level improvement would enable Indonesia to compete on a global scale as an industry leader in the palm oil market.

  12. Pathways for First Nation and Metis youth in the oil sands

    Energy Technology Data Exchange (ETDEWEB)

    Taylor, A.; Friedel, T.L.; Edge, L. [Alberta Univ., Edmonton, AB (Canada). Dept. of Educational Policy Studies

    2009-04-15

    This paper investigated the political, social, and economic influences on First Nation and Metis youth attitudes towards further education in the municipality of Wood Buffalo, Alberta. The region is the site of rapid industrial development related to the oil sands industry. Institutional and policy structures that support or inhibit the ability of First Nation and Metis youth to find sustained, well-paid employment and careers were also evaluated. The study included a historical overview of government-Aboriginal relations in the region, as well as a review of statistics related to the training and education of the Aboriginal identity population in Canada and Alberta. A review of recent literature focused on Aboriginal youth was conducted, and details of relevant education and training policies were presented. The final sections of the report provided an analysis of 65 interviews and focus groups that involved 91 individuals that were conducted in 2008. Participants consisted of educators, government representatives, Aboriginal community members and youths aged between 15 to 30 years. The study showed that an increased reliance on industry partners has fostered inequities within and across communities, and has resulted in a fragmented approach to education and training in the region. The paper emphasized that there is a greater need to address the individual, systemic, and institutional bias faced by First Nation and Metis youth in the region. 56 refs., 1 fig.

  13. Long-term land use future scenarios for the Idaho National Engineering Laboratory

    International Nuclear Information System (INIS)

    1995-08-01

    In order to facilitate decision regarding environmental restoration activities at the Idaho National Engineering Laboratory (INEL), the United States Department of Energy, Idaho Operations Office (DOE-ID) conducted analyses to project reasonable future land use scenarios at the INEL for the next 100 years. The methodology for generating these scenarios included: review of existing DOE plans, policy statements, and mission statements pertaining to the INEL; review of surrounding land use characteristics and county developments policies; solicitation of input from local, county, state and federal planners, policy specialists, environmental professionals, and elected officials; and review of environmental and development constraints at the INEL site that could influence future land use

  14. The path to the future: The role of science and technology at Argonne National Laboratory

    Energy Technology Data Exchange (ETDEWEB)

    Reck, R.A.

    1996-04-30

    Today some scientists are concerned that present budget considerations in Washington will make it impossible for the US to maintain its preeminence in important areas of science and technology. In the private sector there has been a demise of substantive R & D efforts through most of the major industries. For DOE a lack of future support for science and technology would be an important issue because this could impact DOE`s abilities to solve problems in its major areas of concern, national security, energy, environment. In fact some scientists maintain that were the present trend to continue unabated it could lead to a national security issue. Preeminence in science and technology plays a critical role in our nation`s position as the leader of world democracy. In contrast with this point of view of gloom and doom, however, in this presentation I hope to bring to you what I see as an exciting message of good news. Today I will list the important opportunities and challenges for the future that I note for ANL, the leadership role that I believe ANL can play and the qualities that will help our laboratory to maintain its status as an outstanding DOE National Laboratory.

  15. Monitoring of Olympic National Park Beaches to determine fate and effects of spilled bunker C fuel oil

    Energy Technology Data Exchange (ETDEWEB)

    Strand, J.A.; Cullinan, V.I.; Crecelius, E.A.; Fortman, T.J.; Citterman, R.J.; Fleischmann, M.L.

    1990-10-01

    On December 23, 1988, the barge Nestucca was accidentally struck by its tow, a Souse Brothers Towing Company tug, releasing approximately 230,000 gallons of Bunker C fuel oil and fouling beaches from Grays Harbor north to Vancouver Island. Affected beaches in Washington included a 40-mile-long strip that has been recently added to Olympic National Park. The purpose of the monitoring program documented in this report was to determine the fate of spilled Bunker C fuel oil on selected Washington coastal beaches. We sought to determine (1) how much oil remained in intertidal and shallow subtidal habitats following clean-up and weathering, (2) to what extent intertidal and/or shallow subtidal biotic assemblages have been contaminated, and (3) how rapidly the oil has left the ecosystem. 45 refs., 18 figs., 8 tabs.

  16. The Future of the Nation-state in an Era of Globalization

    Directory of Open Access Journals (Sweden)

    Keith Suter

    2018-05-01

    Full Text Available This article uses the scenario planning technique to examine the future of the current nation-state system. Scenario 1: “Steady State” argues that despite all the talk of global governance, the basic nation-state structure will remain; it may have its problems but it is the best of the options. Scenario 2: “World State” is based on there being no purely national solutions to transnational problems, and so governments have to work together through some form of global governance to solve common problems. Scenario 3: “Earth Inc.” suggests that national governments lose control over their countries and transnational corporations fill the vacuum; with the decline of the nation-state, the only organizations capable of driving the pace of change are transnational corporations, which then knit the world together into one market as they fill the governmental vacuum. Scenario 4: “Wild State” suggests that national governments lose control over their countries and there is no organization to fill the vacuum and so there is increasing chaos; this is the “nightmare” scenario, in which nation-states fall apart, there is an increase in “failed states”, mass movements of peoples and increasing environmental and health problems. These are scenarios—and not predictions as such. There are many signs of the world moving to “Wild State”. There needs to be a greater sense of urgency to confront the globe’s looming problems.

  17. Toward Consistent Methodology to Quantify Populations in Proximity to Oil and Gas Development: A National Spatial Analysis and Review.

    Science.gov (United States)

    Czolowski, Eliza D; Santoro, Renee L; Srebotnjak, Tanja; Shonkoff, Seth B C

    2017-08-23

    Higher risk of exposure to environmental health hazards near oil and gas wells has spurred interest in quantifying populations that live in proximity to oil and gas development. The available studies on this topic lack consistent methodology and ignore aspects of oil and gas development of value to public health-relevant assessment and decision-making. We aim to present a methodological framework for oil and gas development proximity studies grounded in an understanding of hydrocarbon geology and development techniques. We geospatially overlay locations of active oil and gas wells in the conterminous United States and Census data to estimate the population living in proximity to hydrocarbon development at the national and state levels. We compare our methods and findings with existing proximity studies. Nationally, we estimate that 17.6 million people live within 1,600m (∼1 mi) of at least one active oil and/or gas well. Three of the eight studies overestimate populations at risk from actively producing oil and gas wells by including wells without evidence of production or drilling completion and/or using inappropriate population allocation methods. The remaining five studies, by omitting conventional wells in regions dominated by historical conventional development, significantly underestimate populations at risk. The well inventory guidelines we present provide an improved methodology for hydrocarbon proximity studies by acknowledging the importance of both conventional and unconventional well counts as well as the relative exposure risks associated with different primary production categories (e.g., oil, wet gas, dry gas) and developmental stages of wells. https://doi.org/10.1289/EHP1535.

  18. The future of producing separated stable isotopes at Oak Ridge National Laboratory for accelerator applications

    International Nuclear Information System (INIS)

    Collins, E.D.

    1994-01-01

    Separated stable isotopes, produced in the calutrons at Oak Ridge National Laboratory, are essential target materials for production of numerous radioisotopes in accelerators and reactors. Recently, separated stable isotope production has been curtailed because government appropriations were discontinued and salts revenues decreased. The calutrons were placed in standby and the operating staff reduced to enable support by sales from existing inventories. Appeals were made to industry and government to preserve this national capability. Methods for providing volume-based price reductions were created to attract support from commercial isotope users. In 1994, the Department of Energy's Isotope Production and Distribution Program was restructured and a strategy produced to seek appropriated funding for the future production of rare, nonprofitable isotopes for research uses. This strategy, together with new demands for medical isotopes, will enable future operation of the calutrons. Moreover, production may be enhanced by complementing calutron capabilities with the Plasma Separation Process

  19. [Fish oil containing lipid emulsions in critically ill patients: Critical analysis and future perspectives].

    Science.gov (United States)

    Manzanares, W; Langlois, P L

    2016-01-01

    Third-generation lipid emulsions (LE) are soybean oil sparing strategies with immunomodulatory and antiinflammatory effects. Current evidence supporting the use of intravenous (i.v) fish oil (FO) LE in critically ill patients requiring parenteral nutrition or receiving enteral nutrition (pharmaconutrient strategy) mainly derives from small phase ii clinical trials in heterogenous intensive care unit patient's population. Over the last three years, there have been published different systematic reviews and meta-analyses evaluating the effects of FO containing LE in the critically ill. Recently, it has been demonstrated that i.v FO based LE may be able to significantly reduce the incidence of infections as well as mechanical ventilation days and hospital length of stay. Nonetheless, more robust evidence is required before giving a definitive recommendation. Finally, we strongly believe that a dosing study is required before new phase iii clinical trials comparing i.v FO containing emulsions versus other soybean oil strategies can be conducted. Copyright © 2015 Elsevier España, S.L.U. and SEMICYUC. All rights reserved.

  20. A foundation for the future: building an environmental monitoring system for the oil sands

    International Nuclear Information System (INIS)

    Dowdeswell, L.; Dillon, P.; Ghoshal, S.; Miall, A.; Rasmussen, J.; Smol, J.P.

    2010-12-01

    In September, 2010, important concerns regarding the impacts of oil sand industry on the environment in the Lower Athabasca River Basin resulted in the creation of the oil sands advisory panel. This panel was set up to examine and evaluate the existing system for research and monitoring and identify strengths and weaknesses regarding water monitoring in the Lower Athabasca River Basin and connected waterways. In this report, the panel provides important elements to guide the monitoring of water quality and quantity. The panel has identified several organizations or individuals contributing to the research and monitoring of the Athabasca River system but also points out in the document that the research has not yet led to a consensus regarding the impacts of oil sands development on the environment. It has also been observed that no standardized data management system has been put in place to facilitate the access to data for interested parties. Important weaknesses in the existing monitoring system were identified by the panel. The advisory panel recommended the implementation of a credible and transparent, comprehensive and adaptive monitoring program, through a collaborative work between relevant jurisdictions and stakeholders. 50 refs.

  1. Oils

    Energy Technology Data Exchange (ETDEWEB)

    Cobbett, G T.B.

    1907-07-08

    Crude petroleum having a density of 850 to 900 is purified with sulfuric acid, decanted, mixed with benzine or petrol, and again treated with sulfuric acid and decanted. The remaining acid and coloring-matter are removed by washing with water, or treating with oxalic acid, zinc carbonate, lead carbonate, calcium carbonate, or oxide of zinc. The product is used as a fuel for internal-combustion engines. Specifications No. 28,104, A.D. 1906, and No. 12,606, A.D. 1907, are referred to. According to the Provisional Specification, the process is applicable to shale or schist oil.

  2. An Improved Approach for Forecasting Ecological Impacts from Future Drilling in Unconventional Shale Oil and Gas Plays.

    Science.gov (United States)

    Wolaver, Brad D; Pierre, Jon Paul; Ikonnikova, Svetlana A; Andrews, John R; McDaid, Guinevere; Ryberg, Wade A; Hibbitts, Toby J; Duran, Charles M; Labay, Benjamin J; LaDuc, Travis J

    2018-04-13

    Directional well drilling and hydraulic fracturing has enabled energy production from previously inaccessible resources, but caused vegetation conversion and landscape fragmentation, often in relatively undisturbed habitats. We improve forecasts of future ecological impacts from unconventional oil and gas play developments using a new, more spatially-explicit approach. We applied an energy production outlook model, which used geologic and economic data from thousands of wells and three oil price scenarios, to map future drilling patterns and evaluate the spatial distribution of vegetation conversion and habitat impacts. We forecast where future well pad construction may be most intense, illustrating with an example from the Eagle Ford Shale Play of Texas. We also illustrate the ecological utility of this approach using the Spot-tailed Earless Lizard (Holbrookia lacerata) as the focal species, which historically occupied much of the Eagle Ford and awaits a federal decision for possible Endangered Species Act protection. We found that ~17,000-45,500 wells would be drilled 2017‒2045 resulting in vegetation conversion of ~26,485-70,623 ha (0.73-1.96% of pre-development vegetation), depending on price scenario ($40-$80/barrel). Grasslands and row crop habitats were most affected (2.30 and 2.82% areal vegetation reduction). Our approach improves forecasts of where and to what extent future energy development in unconventional plays may change land-use and ecosystem services, enabling natural resource managers to anticipate and direct on-the-ground conservation actions to places where they will most effectively mitigate ecological impacts of well pads and associated infrastructure.

  3. DOD Future Energy Resources. Proceedings of Workshops Held at the National Defense University

    Science.gov (United States)

    2003-05-01

    fermentation of the cellulosic and hemicellulosic sugars, lignin remains as a residue. ( Lignin does not contain any sulfur and is consequently called “clean...Patzek, “Ethanol From Corn : Clean Renewable Fuel for the Future, or Drain on Our Resources and Pockets?” Working paper , University of California...to DOD and national policy, nor did he address any of the concerns presented in the opening premise of this paper . Instead, he stated his views as

  4. Predictive Validity of National Basketball Association Draft Combine on Future Performance.

    Science.gov (United States)

    Teramoto, Masaru; Cross, Chad L; Rieger, Randall H; Maak, Travis G; Willick, Stuart E

    2018-02-01

    Teramoto, M, Cross, CL, Rieger, RH, Maak, TG, and Willick, SE. Predictive validity of national basketball association draft combine on future performance. J Strength Cond Res 32(2): 396-408, 2018-The National Basketball Association (NBA) Draft Combine is an annual event where prospective players are evaluated in terms of their athletic abilities and basketball skills. Data collected at the Combine should help NBA teams select right the players for the upcoming NBA draft; however, its value for predicting future performance of players has not been examined. This study investigated predictive validity of the NBA Draft Combine on future performance of basketball players. We performed a principal component analysis (PCA) on the 2010-2015 Combine data to reduce correlated variables (N = 234), a correlation analysis on the Combine data and future on-court performance to examine relationships (maximum pairwise N = 217), and a robust principal component regression (PCR) analysis to predict first-year and 3-year on-court performance from the Combine measures (N = 148 and 127, respectively). Three components were identified within the Combine data through PCA (= Combine subscales): length-size, power-quickness, and upper-body strength. As per the correlation analysis, the individual Combine items for anthropometrics, including height without shoes, standing reach, weight, wingspan, and hand length, as well as the Combine subscale of length-size, had positive, medium-to-large-sized correlations (r = 0.313-0.545) with defensive performance quantified by Defensive Box Plus/Minus. The robust PCR analysis showed that the Combine subscale of length-size was a predictor most significantly associated with future on-court performance (p ≤ 0.05), including Win Shares, Box Plus/Minus, and Value Over Replacement Player, followed by upper-body strength. In conclusion, the NBA Draft Combine has value for predicting future performance of players.

  5. 77 FR 3635 - Connect America Fund; A National Broadband Plan for Our Future; Establishing Just and Reasonable...

    Science.gov (United States)

    2012-01-25

    ...-208; Report No. 2945] Connect America Fund; A National Broadband Plan for Our Future; Establishing Just and Reasonable Rates for Local Exchange Carriers; High-Cost Universal Service Support et al... applicability. Subject: Connect America Fund: A National Broadband Plan for Our Future; Establishing Just and...

  6. Remediating the past and preparing for the future at Sandia National Laboratories

    International Nuclear Information System (INIS)

    Sanders, T.L.

    1996-01-01

    Sandia National Laboratories is one of the nation's largest multiprogram research, development, test, and evaluation (RDT ampersand E) facilities, with headquarters in Albuquerque, New Mexico, a laboratory in Livermore, California, and a test range near Tonopah, Nevada. Smaller testing facilities are also operated at other locations. Established in 1945, Sandia is currently operated for the U.S. Department of Energy by Lockheed-Martin's energy and environment sector. Sandia's responsibility is research and development for national security programs in defense, energy, and environment, with primary emphasis on nuclear weapons research and development. This article describes Sandia's program of remedial action which aims to use technology to reduce costs of decommissioning and decontamination, positioning itself for future opportunities

  7. Upstream oil and gas industry options paper : report of the upstream oil and gas working group of the Industry Issues Table to the National Climate Change Secretariat

    International Nuclear Information System (INIS)

    1999-09-01

    The Canadian Association of Petroleum Producers (CAPP) has coordinated the efforts of the upstream oil and natural gas industry to draft a foundation paper to provide data on industry greenhouse gas (GHG) emissions and actions. This paper is a technical piece targeted at government officials and stakeholders involved in the National Climate Change Secretariat process. The paper also outlines the context for considering policies aimed at reducing oil and gas industry emissions on climate change. The 6 key messages that CAPP wanted to emphasize in this paper were: (1) Canada's situation is very different from that of the U.S. and most other industrial countries, (2) GHG emissions are primarily an end-use consumption issue, (3) the climate change issue and the Kyoto Protocol present a major uncertainty that could undermine Canadian oil and natural gas development opportunities, (4) Canada should not be penalised by its growth of oil and natural gas resources, (5) the ability to reduce emissions by changing production technology is limited because large reductions in Canadian upstream emissions would only mean a shift of production to other countries which would not help to reduce global emissions, and (6) Canada should focus on promoting cost-effective action, research and development and international flexibility, and ensure that recognition is given to those companies that reduce emissions. tabs., figs

  8. The future of the Canadian oil sands: Engineering and project management advances

    Energy Technology Data Exchange (ETDEWEB)

    Madden, Peter; Morawski, Jacek

    2010-09-15

    Production technology and project management developments in Canada's oil sands industry, in the context of AMEC's experience as EPCM service provider, are discussed. Effective project management systems and workfront planning are critical to achieve cost and schedule targets and optimum construction execution. Construction Work Packages divide work into discrete pieces and Construction Work Execution Plans influence scheduling of engineering and procurement deliverables. AMEC's Engineering Data Warehouse works with intelligent engineering design tools to ensure information related to a piece of equipment is consistent across all systems. HSSE systems are proactively developed and AMEC's progressive improvement in safety performance is demonstrated.

  9. National oil companies and state actors : an assessment of the role of Petronas and ONGC in the foreign policy decision-making process of Malaysia and India using the example of overseas investments in Sudan and South Sudan

    OpenAIRE

    Steinecke, Tim

    2015-01-01

    The thesis addresses the role of national oil companies and their overseas engagement in the foreign policy decision-making process of states. Over the past 40 years, national oil companies have gained importance in the international oil industry and currently control around 90 per cent of the global oil reserves. A number of political and economic factors – depleting domestic reserves, economic growth – have resulted in an increasing expansion of Asian national oil companies to Africa. Throu...

  10. The dynamics of a nonlinear relationship between crude oil spot and futures prices. A multivariate threshold regression approach

    International Nuclear Information System (INIS)

    Huang, Bwo-Nung; Yang, C.W.; Hwang, M.J.

    2009-01-01

    This paper segments daily data from January of 1986 to April of 2007 into three periods based on certain important events. Both periods I and II indicate that the spot prices in general are higher than futures prices as was well-known in the literature. Only period-III (2001/9/11-2007/4/30) displays a reverse phenomenon: futures prices, in general, exceed spot prices. When the absolute value of a basis (futures-spot) is greater than the threshold value in the arbitrage area (regime 1 and 3), at least one of the error correction coefficients, representing adjustment towards equilibrium, is statistically significant. That is, there exists a tendency in the oil market in which prices move toward equilibrium. With respect to the short-run dynamic interaction between spot price change ((delta)s t ) and futures price change ((delta)f t ), our results indicate that when the spot price is higher than futures price, and the basis is less than certain threshold value (regime 3), there exists at least one causal relationship between (delta)s t and (delta)f t . Conversely, when the futures price is higher than spot price and the basis is higher than certain threshold value (regime 1), there exists at least one causal relationship between (delta)s t and (delta)f t . Finally, we use the method suggested by Diebold and Mariano [Diebold, Francis X., Mariano, Roberto S., 1995. Comparing predictive accuracy. Journal of Business and Economic Statistics 13 (3), 253-263] to compare the predictive power between the linear and nonlinear models. Our empirical results indicate that the in-sample prediction of the nonlinear model is clearly superior to that of the linear model. (author)

  11. Canadian upstream oil and gas industry profitability: Historical review and future perspectives [with executive summary

    International Nuclear Information System (INIS)

    1991-09-01

    The profitability of the Canadian upstream oil and gas industry is examined by analyzing return on equity and return on capital invested. By all measures and interpretations, the upstream industry has been unprofitable since the mid-1980s; returns generated are far below the industry's own historical cost of capital, and are inadequate relative to other sectors of the Canadian economy and to international oil and gas companies. This poor profitability is attributed to such factors as: overly optimistic price forecasts and healthy cash flows generated in the early 1980s, which led to excess capital spending; poor returns on capital reflective of the physical limitations of the Western Canadian Sedimentary Basin; high capital and operating costs; and a high royalty burden imposed by provincial governments. The consequences of low profitability include inadequate returns to equity investors, a drop in spending on upstream services such as drilling and exploration, a reduced ability of the industry to generate employment, and an adverse effect on the economy of Alberta. Forecasts indicate that the upstream sector is extremely vulnerable to a scenario of relatively flat prices due to high and increasing operating costs and depletion charges, and the significant royalty payments that still are in effect. Little scope is foreseen for industry profitability to return to acceptable levels over the first half of the 1990s. Reduced royalties have the potential to make a significant contribution to improved profitability. 52 figs., 40 tabs

  12. OPEC at middle age: facing an uncertain future in the world oil market economy

    International Nuclear Information System (INIS)

    1992-01-01

    International institutions, like individuals, groups, and even societies and cultures, pass through various stages in their development as they grow from youth through middle age into more experienced and mature members of the international community. OPEC, the Organization of Petroleum Exporting Countries, is no exception to this generally observable phenomenon on the world economic scene. It has clearly undergone a gradual process of growth over the past three decades or so since its establishment by five founding states in Baghdad in September 1960. OPEC's history since then could be characterized as being divided into three distinct developmental stages. The first decade, the 1960s, was a period of consolidation of OPEC's power over the oil companies and their control over the member countries'oil resources. The second decade - the 1970s - was a decade characterized by almost continuous and prolonged producer - consumer confrontation as well as revelation of some of the more basic cleavages within OPEC as an organization. This was followed by the decade of the 1980s -- a period of relative accommodation between producers and consumers in the interest of longer term market stability

  13. Three Essays on National Oil Company Efficiency, Energy Demand and Transportation

    Science.gov (United States)

    Eller, Stacy L.

    This dissertation is composed of three separate essays in the field of energy economics. In the first paper, both data envelopment analysis and stochastic production frontier estimation are employed to provide empirical evidence on the revenue efficiency of national oil companies (NOCs) and private international oil companies (IOCs). Using a panel of 80 oil producing firms, the analysis suggests that NOCs are generally less efficient at generating revenue from a given resource base than IOCs, with some exceptions. Due to differing firm objectives, however, structural and institutional features may help explain much of the inefficiency. The second paper analyzes the relationship between economic development and the demand for energy. Energy consumption is modeled using panel data from 1990 to 2004 for 50 countries spanning all levels of development. We find the relationship between energy consumption and economic development corresponds to the structure of aggregate output and the nature of derived demand for electricity and direct-use fuels in each sector. Notably, the evidence of non-constant income elasticity of demand is much greater for electricity demand than for direct-use fuel consumption. In addition, we show that during periods of rapid economic development, one in which the short-term growth rate exceeds the long-run average, an increase in aggregate output is met by less energy-efficient capital. This is a result of capital being fixed in the short-term. As additional, more efficient capital stock is added to the production process, the short-term increase in energy intensity will diminish. In the third essay, we develop a system of equations to estimate a model of motor vehicle fuel consumption, vehicle miles traveled and implied fuel efficiency for the 67 counties of the State of Florida from 2001 to 2008. This procedure allows us to decompose the factors of fuel demand into elasticities of vehicle driving demand and fuel efficiency. Particular

  14. A GIS based national assessment of algal bio-oil production potential through flue gas and wastewater co-utilization

    International Nuclear Information System (INIS)

    Orfield, Nolan D.; Keoleian, Gregory A.; Love, Nancy G.

    2014-01-01

    The high theoretical productivity of microalgae makes it a promising energy crop, but economically viable large-scale production facilities have yet to emerge. Coupling algae cultivation ponds with flue gas emissions from power utilities to provide carbon dioxide and municipal wastewater to provide nutrients has been recommended as a solution. This flue gas and wastewater co-utilization (FWC) strategy not only reduces the upstream impacts and costs associated with providing inputs, but also provides a credit for wastewater treatment, a service currently required to reduce production costs to a viable level. This study provides the first national assessment of the potential for producing algal bio-oil in the United States using FWC. Spatial-temporal algae growth was simulated using solar radiation and temperature data to calculate the average annual algae yield for any location, which significantly impacts feasibility. The results of this model were integrated into a geospatial analysis which establishes the economically viable bio-oil production potential of FWC by accounting for the relative abundance of the input resources and their proximity. At most, 1.7 billion liters of bio-oil could be produced annually in a manner economically competitive with crude oil prices of $80 per barrel. The amount of nutrients in wastewater limits yields to 20.5 L of bio-oil per capita annually, and climatic constraints further reduce this potential by nearly 60%. Carbon dioxide constraints play a negligible role. Although the bio-oil production potential of FWC is relatively small, it does provide an opportunity to increase national biofuel output while providing a needed service. - Highlights: • Spatial-temporal algae growth was simulated using historical climate data. • A geospatial overlay analysis was used to assess national production potential. • Nutrient availability in wastewater is most limiting. • At most, 1.7 billion liters of algal biofuel per year could be

  15. Current and future delivery of diagnostic electron microscopy in the UK: results of a national survey.

    Science.gov (United States)

    de Haro, Tracey; Furness, Peter

    2012-04-01

    Electron microscopy (EM) remains essential to delivering several specialist areas of diagnosis, especially the interpretation of native renal biopsies. However, there is anecdotal evidence of EM units struggling to survive, for a variety of reasons. The authors sought to obtain objective evidence of the extent and the causes of this problem. An online survey was undertaken of Fellows of the Royal College of Pathologists who use EM in diagnosis. A significant number of EM units anticipate having to close and hence outsource their EM work in the coming years. Yet most existing units are working to full capacity and would be unable to take on the substantial amounts of extra work implied by other units outsourcing their needs. Equipment and staffing are identified by most EM units as the major barriers to growth and are also the main reasons cited for units facing potential closure. In the current financial climate it seems unlikely that units will be willing to make the large investment in equipment and staff needed to take on extra work, unless they can be reasonably confident of an acceptable financial return as a result of increased external referral rates. The case is thus made for a degree of national coordination of the future provision of this specialist service, possibly through the National Commissioning Group or the new National Commissioning Board. Without this, the future of diagnostic EM services in the UK is uncertain. Its failure would pose a threat to good patient care.

  16. Exploration and production. Know-how. Extra-heavy oils and bitumen. Reserves for the future

    International Nuclear Information System (INIS)

    2004-01-01

    How can ever-expanding needs be met without jeopardizing reserve life? The answers can be summed up in a single word: the innovation. In this framework the Group Total developed their research and development activities, which are endowed with a annual budget of more than 100 million dollars. Tools from seismic imaging to thermodynamic modeling of fluids and flows in any type of reservoir can be used in combination in order to steadily reduce uncertainties and control risks. These tools will help make technologically and economically feasible to produce new resources such extra-heavy crudes, very acid gases, deeply-buried reservoirs or oil and gas reserves situated in ultra deep waters. (A.L.B.)

  17. Forecasting the volatility of crude oil futures using intra-day data

    International Nuclear Information System (INIS)

    Sevi, Benoit

    2013-01-01

    We use the information in intra-day data to forecast the volatility of crude oil at a horizon of 1 to 66 days using a variety of models relying on the decomposition of realized variance in its positive or negative (semi-variances) part and its continuous or discontinuous part (jumps). We show the importance of these decompositions in predictive regressions using a number of specifications. Nevertheless, an important empirical finding comes from an out-of-sample analysis which unambiguously shows the limited interest of considering these components. Overall, our results indicates that a simple autoregressive specification mimicking long memory and using past realized variances as predictors does not perform significantly worse than more sophisticated models which include the various components of realized variance. (author)

  18. Arctic National Wildlife Refuge (ANWR): The Challenge of Current and Future Concerns

    Science.gov (United States)

    Everett, L. R.

    2003-12-01

    Historically, when one thinks of ANWR the immediate concern has always been the effect of development related to hydrocarbon extraction and its potential impact on the environment. Hydrocarbon extraction is always a possibility and remains before Congress today, but is this type of development the greatest threat to this region? Twenty-five years ago the beauty and hidden resources of Alaska were barely touched, but with the discovery of oil at Prudhoe Bay this quickly changed. Suddenly this once inaccessible region known as the Arctic Coastal Plain became a desirable place to visit. Today, as the Prudhoe Bay oil fields production begins to slow one can visualize an even greater impact that could affect this fragile ecosystem. The landscape is being altered in many ways; not only due to economic development, but also due to global climate change. However, a potentially even larger impact is seldom mentioned and that impact is the consequence of more individuals traveling into the region. The Dalton Highway (the road between Fairbanks and Prudhoe Bay) was opened to all traffic in 1995. Since then the number of people traveling to the North Slope of Alaska via the road has increased significantly. This includes but is not limited to potential entrepreneurs, researchers, tourists as well as the oil field workers. The anthropogenic impact humans may have in this region along with the resultant commercialization will have a lasting influence on ANWR and the surrounding region will be impacted in ways that have not yet been considered. Who will decide who is or is not permitted to visit ANWR? Who will determine what impacts will be allowed? Will the opportunity to visit this unique region be for tour groups or just occasional hikers? Will researchers be allowed access and who will monitor their inevitable footprint? Will the native people increase stress on the environment more as their use of modern methods of hunting and travel increases? All of these factors need to

  19. The future of oil - Running out of gas and lack of meaning

    International Nuclear Information System (INIS)

    Parks, Olivier

    2012-01-01

    For several years now we are witnessing the conjunction of various crises: energy crisis, financial crisis, economical crisis, social crisis, identity crisis, moral value crisis, well-being crisis, political crisis... But what are the origins of these different crises? In this book, the author puts the essential question of the future of this period of uncertainties and its possible impact on the creation of a new society organization. If today's societies do not change their behaviour, the physical limits of Earth's resources will apply to them either willingly or by force anyway. The author presents a militant vision of tomorrows society with some possible energy scenarios for a future without petroleum

  20. First-year Progress and Future Directions of the USA National Phenology Network

    Science.gov (United States)

    Weltzin, J. F.; Losleben, M. V.

    2008-12-01

    Background Periodic plant and animal cycles driven by seasonal variations in climate (i.e., phenology) set the stage for dynamics of ecosystem processes, determine land surface properties, control biosphere-atmosphere interactions, and affect food production, health, conservation, and recreation. Phenological data and models have applications related to scientific research, education and outreach, as well as to stakeholders interested in agriculture, tourism and recreation, human health, and natural resource conservation and management. The predictive potential of phenology requires a new data resource-a national network of integrated phenological observations and the tools to access and analyze them at multiple scales. The USA National Phenology Network (USA-NPN) is an emerging and exciting partnership between federal agencies, the academic community, and the general public to monitor and understand the influence of seasonal cycles on the Nation's resources. The USA-NPN will establish a wall-to-wall science and monitoring initiative focused on phenology as a tool to understand how plants, animals and landscapes respond to climate variation, and as a tool to facilitate human adaptation to ongoing and potential future climate change. Results The National Coordinating Office of the USA-NPN began operation in August 2007 at the University of Arizona, Tucson, AZ. This first year of operation produced many new phenology products and venues for phenology research and citizen involvement, as well as identification of future directions for the USA NPN. Products include a new web-site (www.usanpn.org) that went live in June 2008; the web-site includes a tool for on-line data entry, and serves as a clearinghouse for products and information to facilitate research and communication related to phenology. The new core Plant Phenology Program includes profiles for 185 vetted local, regional, and national plant species with descriptions and monitoring protocols, as well as

  1. The National Centre of Systems Reliability and some aspects of its future activities

    International Nuclear Information System (INIS)

    Bourne, A.J.

    1975-01-01

    The National Centre of Systems Reliability (NCSR) has been set up to enhance the work of the Systems Reliability Service (SRS), which during its four years of operation by the UKAEA has offered to industry expertise in the quantification of reliability of systems in various technological applications. An outline is presented of the background to the establishment of the NCSR, including a brief summary of the work of the SRS. Certain aspects of the future activities of the NCSR particularly in relation to research and collaboration with universities are discussed. (U.K.)

  2. Inertial fusion research at Lawrence Livermore National Laboratory: program status and future applications

    International Nuclear Information System (INIS)

    Meier, W.R.; Hogan, W.J.

    1986-01-01

    The objectives of the Lawrence Livermore National Laboratory (LLNL) Laser Fusion Program are to understand and develop the science and technology required to utilize inertial confinement fusion (ICF) for both military and commercial applications. The results of recent experiments are described. We point out the progress in our laser studies, where we continue to develop and test the concepts, components, and materials for present and future laser systems. While there are many potential commercial applications of ICF, we limit our discussions to electric power production

  3. An empirical study on performance management: A case study of national Iranian oil Production Distribution Company

    Directory of Open Access Journals (Sweden)

    Abolhassan Faghihi

    2012-10-01

    Full Text Available The primary goal of creating a culture of performance management is to improve processes based on the responsibility of individuals and groups for the continuous improvement of business processes, and to contribute to their skills. In this paper, we discuss all related issues and indentify the most important aspects and components of performance management. The proposed study of this paper is to find out which performance management works best for national Iranian oil products distribution company (NIOPDC. The proposed study uses analytical hierarchy process to prioritize all important factors based on pair-wise comparison. We use geometric mean to find the average of comparisons and all computations are performed using Expert Choice software package. In summary, stakeholders (0.262 are the most important components of our survey followed by employee management (0.247, social responsibility (0.190 comes in the third position and quality of services (0.166 and internal process (0.134 are two less important factors in this survey.

  4. International payment for forest conservation. Special case: compensation for leaving the oil in the ground in Yasuni National Park, Ecuador

    Energy Technology Data Exchange (ETDEWEB)

    Rosendal, Kristin; Schei, Peter Johan; Eikeland, Per Ove; Gulbrandsen, Lars

    2008-02-15

    This report evaluates the Ecuadorian proposal to have the international community compensate Ecuador for not exploiting the oil in the ITT area of Yasuni National Park. It includes the evaluation of this proposal in a broader context, assessing the possible consequences of the arrangement for future systems for international payment for biodiversity/rain forest conservation or payment for other ecosystem services as outlined in the Millennium Ecosystem Assessment. Recently, the debate about international funding of rain forest conservation and payment for ecosystem services in general has received new momentum thanks to the climate change negotiations. Although the debate goes back several decades, the content has now been broadened to include at least five major concerns: carbon sequestration and uptake, biodiversity conservation, maintenance and balance of other ecosystem services, safeguarding the livelihoods of local and indigenous people, and adaptation to climate change. This report examines the various past and current efforts relating to the question of international payment for forest conservation, linking it to the international obligations of developed countries to support global environmental goals in developing countries. The Yasuni case raises several questions that are also relevant to the Norwegian Bali initiative to contribute NOK 3 billion annually over five years for forest conservation. A central question is how these (new) flows of funding should be organized in order to achieve the relevant internationally agreed objectives emanating from multilateral environmental agreements. Here we discuss the role of the GEF, with its implementing agencies the World Bank, UNDP and UNEP. We tie the discussion to the obligations that developed countries have undertaken to support the implementation of global environmental goals in developing countries as emanating from the Convention on Biological Diversity (CBD), as well as obligations pertaining to

  5. International payment for forest conservation. Special case: compensation for leaving the oil in the ground in Yasuni National Park, Ecuador

    Energy Technology Data Exchange (ETDEWEB)

    Rosendal, Kristin; Schei, Peter Johan; Eikeland, Per Ove; Gulbrandsen, Lars

    2008-02-15

    This report evaluates the Ecuadorian proposal to have the international community compensate Ecuador for not exploiting the oil in the ITT area of Yasuni National Park. It includes the evaluation of this proposal in a broader context, assessing the possible consequences of the arrangement for future systems for international payment for biodiversity/rain forest conservation or payment for other ecosystem services as outlined in the Millennium Ecosystem Assessment. Recently, the debate about international funding of rain forest conservation and payment for ecosystem services in general has received new momentum thanks to the climate change negotiations. Although the debate goes back several decades, the content has now been broadened to include at least five major concerns: carbon sequestration and uptake, biodiversity conservation, maintenance and balance of other ecosystem services, safeguarding the livelihoods of local and indigenous people, and adaptation to climate change. This report examines the various past and current efforts relating to the question of international payment for forest conservation, linking it to the international obligations of developed countries to support global environmental goals in developing countries. The Yasuni case raises several questions that are also relevant to the Norwegian Bali initiative to contribute NOK 3 billion annually over five years for forest conservation. A central question is how these (new) flows of funding should be organized in order to achieve the relevant internationally agreed objectives emanating from multilateral environmental agreements. Here we discuss the role of the GEF, with its implementing agencies the World Bank, UNDP and UNEP. We tie the discussion to the obligations that developed countries have undertaken to support the implementation of global environmental goals in developing countries as emanating from the Convention on Biological Diversity (CBD), as well as obligations pertaining to

  6. Oil Palm Frond Juice as Future Fermentation Substrate: A Feasibility Study

    Science.gov (United States)

    Che Maail, Che Mohd Hakiman; Ariffin, Hidayah; Hassan, Mohd Ali; Shah, Umi Kalsom Md; Shirai, Yoshihito

    2014-01-01

    Oil palm frond (OPF) juice is a potential industrial fermentation substrate as it has high sugars content and the OPF are readily available daily. However, maximum sugars yield and storage stability of the OPF juice are yet to be determined. This study was conducted to determine the effect of physical pretreatment and storage duration of OPF petiole on sugars yield. Storage stability of OPF juice at different storing conditions was also investigated. It was found that OPF petiole squeezed by hydraulic pressing machine gave the highest sugars recovery at almost 40 g/kg, accounting for a recovery yield of 88%. Storage of OPF petiole up to 72 hrs prior to squeezing reduced the free sugars by 11 g/kg. Concentrated OPF juice with 95% water removal had the best storage stability at both 4 and 30°C, when it was stored for 10 days. Moreover, concentrated OPF syrup prepared by thermal processing did not give any Maillard effect on microbial growth. Based on our results, OPF juice meets all the criteria as a good fermentation substrate as it is renewable, consistently available, and easy to be obtained, it does not inhibit microbial growth and product formation, and it contains no impurities. PMID:25057489

  7. Oil Palm Frond Juice as Future Fermentation Substrate: A Feasibility Study

    Directory of Open Access Journals (Sweden)

    Che Mohd Hakiman Che Maail

    2014-01-01

    Full Text Available Oil palm frond (OPF juice is a potential industrial fermentation substrate as it has high sugars content and the OPF are readily available daily. However, maximum sugars yield and storage stability of the OPF juice are yet to be determined. This study was conducted to determine the effect of physical pretreatment and storage duration of OPF petiole on sugars yield. Storage stability of OPF juice at different storing conditions was also investigated. It was found that OPF petiole squeezed by hydraulic pressing machine gave the highest sugars recovery at almost 40 g/kg, accounting for a recovery yield of 88%. Storage of OPF petiole up to 72 hrs prior to squeezing reduced the free sugars by 11 g/kg. Concentrated OPF juice with 95% water removal had the best storage stability at both 4 and 30°C, when it was stored for 10 days. Moreover, concentrated OPF syrup prepared by thermal processing did not give any Maillard effect on microbial growth. Based on our results, OPF juice meets all the criteria as a good fermentation substrate as it is renewable, consistently available, and easy to be obtained, it does not inhibit microbial growth and product formation, and it contains no impurities.

  8. STAR: Preparing future science and math teachers through authentic research experiences at national laboratories

    Science.gov (United States)

    Keller, John; Rebar, Bryan

    2012-11-01

    The STEM Teacher and Researcher (STAR) Program provides 9-week paid summer research experiences at national research laboratories for future science and math teachers. The program, run by the Cal Poly Center for Excellence in Science and Mathematics Education (CESaME) on behalf of the entire California State University (CSU) System, has arranged 290 research internships for 230 STEM undergraduates and credential candidates from 43 campuses over the past 6 years. The program has partnered with seven Department of Energy labs, four NASA centers, three NOAA facilities, and the National Optical Astronomy Observatory (NOAO). Primary components of the summer experience include a) conducting research with a mentor or mentor team, b) participating in weekly 2-3 hour workshops focused on translating lessons learned from summer research into classroom practice, and c) presenting a research poster or oral presentation and providing a lesson plan linked to the summer research experience. The central premise behind the STAR Program is that future science and math teachers can more effectively prepare the next generation of science, math, and engineering students if they themselves have authentic experiences as researchers.

  9. Estimation on oil demand and oil saving potential of China's road transport sector

    International Nuclear Information System (INIS)

    Lin, Boqiang; Xie, Chunping

    2013-01-01

    China is currently in the stage of industrialization and urbanization, which is characterized by rigid energy demand and rapid growth of energy consumption. Therefore, energy conservation will become a major strategy for China in a transition to low-carbon economy. China's transport industry is of high energy consumption. In 2010, oil consumption in transport industry takes up 38.2% of the country's total oil demand, of which 23.6% is taken up by road transport sector. As a result, oil saving in China's road transport sector is vital to the whole nation. The co-integration method is developed to find a long-run relationship between oil consumption and affecting factors such as GDP, road condition, labor productivity and oil price, to estimate oil demand and to predict future oil saving potential in China's transport sector under different oil-saving scenarios. Monte Carlo simulation is further used for risk analysis. Results show that under BAU condition, oil demand of China's road transport sector will reach 278.5 million ton of oil equivalents (MTOE) in 2020. Oil saving potential will be 86 MTOE and 131 MTOE under moderate oil-saving scenario and advanced oil-saving scenario, respectively. This paper provides a reference to establishing oil saving policy for China's road transport sector. - Highlights: • We adopt the co-integration model to estimate oil demand and oil saving potential of China's road transport sector. • Monte Carlo simulation is further used for risk analysis. • GDP, ratio of classified highway, labor productivity and oil price are main factors affecting oil consumption. • Scenario analysis approach is applied to calculate oil saving potential under different energy saving scenarios. • Future policy for oil conservation in China's road transport sector is suggested

  10. Integrating Research, Teaching and Learning: Preparing the Future National STEM Faculty

    Science.gov (United States)

    Hooper, E. J.; Pfund, C.; Mathieu, R.

    2010-08-01

    A network of universities (Howard, Michigan State, Texas A&M, University of Colorado at Boulder, University of Wisconsin-Madison, Vanderbilt) have created a National Science Foundation-funded network to prepare a future national STEM (science, technology, engineering, mathematics) faculty committed to learning, implementing, and advancing teaching techniques that are effective for the wide range of students enrolled in higher education. The Center for the Integration of Research, Teaching and Learning (CIRTL; http://www.cirtl.net) develops, implements and evaluates professional development programs for future and current faculty. The programs comprise graduate courses, internships, and workshops, all integrated within campus learning communities. These elements are unified and guided by adherence to three core principles, or pillars: "Teaching as Research," whereby research skills are applied to evaluating and advancing undergraduate learning; "Learning through Diversity," in which the diversity of students' backgrounds and experiences are used as a rich resource to enhance teaching and learning; and "Learning Communities" that foster shared learning and discovery among students, and between future and current faculty within a department or institution. CIRTL established a laboratory for testing its ideas and practices at the University of Wisconsin-Madison, known as the Delta Program in Research, Teaching and Learning (http://www.delta.wisc.edu). The program offers project-based graduate courses, research mentor training, and workshops for post-docs, staff, and faculty. In addition, graduate students and post-docs can partner with a faculty member in a teaching-as-research internship to define and tackle a specific teaching and learning problem. Finally, students can obtain a Delta Certificate as testimony to their engagement in and commitment to teaching and learning. Delta has proved very successful, having served over 1500 UW-Madison instructors from graduate

  11. The refining industry and the future of the fuel oils; L'industrie du raffinage et le devenir des fiouls lourds

    Energy Technology Data Exchange (ETDEWEB)

    Soleille, S

    2004-01-15

    The fuel oils consumption decrease in France since 1970, because of the two petroleum crisis, the nuclear energy competition and the air pollution. The fuel oils industry is then looking other export possibilities. This report aims to offer a first approach of the problem and presents the main challenges. The first part is devoted to the technical context (definition, production and outlet. The second part presents the environmental context and the fuel oils market. In the third part the market is studied at the world scale, in the fourth at the french scale and in the fifth at the scale of other countries as United States, Japan and european Union. A synthesis tables is given in the last part to compare and propose some hypothesis concerning the future of fuel oils and the french refining industry. (A.L.B.)

  12. Forecasting the density of oil futures returns using model-free implied volatility and high-frequency data

    International Nuclear Information System (INIS)

    Ielpo, Florian; Sevi, Benoit

    2013-09-01

    Forecasting the density of returns is useful for many purposes in finance, such as risk management activities, portfolio choice or derivative security pricing. Existing methods to forecast the density of returns either use prices of the asset of interest or option prices on this same asset. The latter method needs to convert the risk-neutral estimate of the density into a physical measure, which is computationally cumbersome. In this paper, we take the view of a practitioner who observes the implied volatility under the form of an index, namely the recent OVX, to forecast the density of oil futures returns for horizons going from 1 to 60 days. Using the recent methodology in Maheu and McCurdy (2011) to compute density predictions, we compare the performance of time series models using implied volatility and either daily or intra-daily futures prices. Our results indicate that models based on implied volatility deliver significantly better density forecasts at all horizons, which is in line with numerous studies delivering the same evidence for volatility point forecast. (authors)

  13. National Lexicography Units: Past, Present, Future Nasionale leksikografiese eenhede: Verlede, hede, toekoms

    Directory of Open Access Journals (Sweden)

    Mariëtta Alberts

    2012-01-01

    Full Text Available This article deals with the national dictionary offices of the previous bilingual dispensation, the eleven official national dictionary offices in the present multilingual dispensation, and the future prospects of these offices. It discusses the past dispensation in terms of the need and reasons for the establishment of national dictionary offices, i.e. national lexicography units (NLUs. Attention is given to the prescripts of the National Lexicography Units Bill (1996 for the establishment of NLUs, as well as the transfer of these units from the Department of Arts, Culture, Science and Technology to the Pan South African Language Board. The restructuring of dictionary units that existed prior to the multilingual dispensation is considered, together with the establishment of new dictionary units for the official African languages. The present situation is dealt with by describing the status quo at the NLUs in terms of housing, administration, funding, management, training, computerisation, cooperation, production and the like. The article concludes with some questions and reservations about the future of the NLUs, followed by a number of apposite recommendations.Hierdie artikel handel oor die nasionale woordeboekkantore tydens die voormalige tweetalige bedeling, die huidige meertalige bedeling waarin kantore vir die elf amptelike nasionale woordeboeke funksioneer, en die toekoms van hierdie kantore. Aspekte van die vorige bedeling word bespreek ten opsigte van die behoefte aan en redes vir die stigting van nasionale woordeboekkantore oftewel nasionale leksikografiese eenhede (NLEe. Die soeklig val op voorskrifte van die wetsontwerp oor nasionale leksikografiese eenhede (1996 vir die stigting van sodanige eenhede, sowel as op hul oordrag van die Departement van Kuns, Kultuur, Wetenskap en Tegnologie na die Pan-Suid-Afrikaanse Taalraad. Verder fokus die artikel op die herstrukturering van daardie woordeboekeenhede wat voor die meertalige bedeling

  14. Hello oil rig: The role of simulacra images in producing future reality

    Science.gov (United States)

    Ibrahim, Abdallah

    This project is the first approach to address the problem of the image through a discussion between science, philosophy, art history, art theory, and fine arts based on one body of specific art work designed especially to explain the role of the image in producing future reality models. This study is a continuation of the dialogue between important philosophers and thinkers about the image and its place in the contemporary scene. The technical fossil medium used in painting this project crosses the boundary between scientific research with its data sheets to art theory and fine arts with their aesthetic rhetoric thus bringing many disciplines together. Seven images were created to discuss the problem. The artwork and the academic research are both interacting in this paper in a multidiscipline discussion to uncover the role of the images in creating a new reality and in forging the hyperreal culture.

  15. Iraq's future

    International Nuclear Information System (INIS)

    Henderson, S.

    1998-01-01

    The large oil reserves of Iraq make it an important player in the long-term political energy world. This article briefly reviews the oil industry''s development and current status in Iraq and discusses the planned oil and gas field development. Finally there is a political discussion regarding the future of Iraq in terms of religion, race and neighbouring countries. (UK)

  16. Call for a new national security strategy: governing the future instead of deterring it

    Directory of Open Access Journals (Sweden)

    Alexei I. Podberezkin

    2017-01-01

    Full Text Available The article attempts to present a new vision for the strategic development of the Russian Federation. The authors note that the search for strategy should be made on the meta-level analysis in order to take into account either the military and political context of national security or the future interests of Russia. This allows one to reduce uncertainty in the strategic planning process. The author notes that the current military-political strategy of Russia is based on a fairly old idea of deterrence. This strategy is reactive in nature and involves responding to external challenges and threats in the international political environment. Meanwhile, the global political landscape is undergoing a significant transformation, in which a key aspect of national security will be a wide range of connectivity options to further political development of the state and society. Another disadvantage of deterrence strategy is that the threats are not differentiated from national interests and political goals. The author offers his version of the conceptualization of the terminology and the essential differences of different types of threats and assess the consequences of misunderstanding such differences. As for the strategy of deterrence, the authors suggest an alternative strategy of “control”, which aims at the formation of a systemic perspective directions of development of the society. A key element of this strategy is the forging and maintenance of the national human capital, which provides connectivity, adaptability and innovationability of various branches of the governance and dealing with external challenges. “Control” means an intensification strategy of the state policy in the field of science, culture, the promotion of spiritual development and production of advanced innovation.

  17. Call for a new national security strategy: governing the future instead of deterring it

    Directory of Open Access Journals (Sweden)

    Alexei I. Podberezkin

    2017-01-01

    Full Text Available The article attempts to present a new vision for the strategic development of the Russian Federation. The authors note that the search for strategy should be made on the meta-level analysis in order to take into account either the military and political context of national security or the future interests of Russia. This allows one to reduce uncertainty in the strategic planning process. The author notes that the current military-political strategy of Russia is based on a fairly old idea of deterrence. This strategy is reactive in nature and involves responding to external challenges and threats in the international political environment. Meanwhile, the global political landscape is undergoing a significant transformation, in which a key aspect of national security will be a wide range of connectivity options to further political development of the state and society. Another disadvantage of deterrence strategy is that the threats are not differentiated from national interests and political goals. The author offers his version of the conceptualization of the terminology and the essential differences of different types of threats and assess the consequences of misunderstanding such differences. As for the strategy of deterrence, the authors suggest an alternative strategy of “control”, which aims at the formation of a systemic perspective directions of development of the society. A key element of this strategy is the forging and maintenance of the national human capital, which provides connectivity, adaptability and innovationability of various branches  of the governance and dealing with external challenges. “Control” means an intensification strategy of the state policy in the field of science, culture, the promotion of spiritual development and production of advanced innovation.

  18. 77 FR 30903 - Connect America Fund; A National Broadband Plan for Our Future; Establishing Just and Reasonable...

    Science.gov (United States)

    2012-05-24

    ... America Fund; A National Broadband Plan for Our Future; Establishing Just and Reasonable Rates for Local Exchange Carriers; High-Cost Universal Service Support AGENCY: Federal Communications Commission. ACTION... of information collections associated with the Commission's; Connect America Fund; A National...

  19. Monitoring the Future National Survey Results on Drug Use, 1975-2010. Volume I, Secondary School Students

    Science.gov (United States)

    Johnston, Lloyd D.; O'Malley, Patrick M.; Bachman, Jerald G.; Schulenberg, John E.

    2011-01-01

    The Monitoring the Future (MTF) study involves an ongoing series of national surveys of American adolescents and adults that has provided the nation with a vital window into the important, but largely hidden, problem behaviors of illegal drug use, alcohol use, tobacco use, anabolic steroid use, and psychotherapeutic drug use. For more than a third…

  20. Effect of crude oil and refined petroleum product imports on the national security. Critical technologies

    International Nuclear Information System (INIS)

    1989-01-01

    The report contains the results of an investigation requested under Section 232 of the Trade Expansion Act to study the effect of oil imports on the domestic petroleum industry and on United States energy security. It reviews previous energy security assessments and resulting initiatives, assesses current US energy security, and studies emergency petroleum requirements. The report finds that there have been substantial improvements in US energy security since the last Section 232 Petroleum finding in 1979. However, declining domestic oil production, rising oil imports, and growing dependence on potentially insecure sources of supply raise concerns of vulnerability to a major supply disruption

  1. Futures

    DEFF Research Database (Denmark)

    Pedersen, Michael Haldrup

    2017-01-01

    Currently both design thinking and critical social science experience an increased interest in speculating in alternative future scenarios. This interest is not least related to the challenges issues of global sustainability present for politics, ethics and design. This paper explores the potenti......Currently both design thinking and critical social science experience an increased interest in speculating in alternative future scenarios. This interest is not least related to the challenges issues of global sustainability present for politics, ethics and design. This paper explores...... the potentials of speculative thinking in relation to design and social and cultural studies, arguing that both offer valuable insights for creating a speculative space for new emergent criticalities challenging current assumptions of the relations between power and design. It does so by tracing out discussions...... of ‘futurity’ and ‘futuring’ in design as well as social and cultural studies. Firstly, by discussing futurist and speculative approaches in design thinking; secondly by engaging with ideas of scenario thinking and utopianism in current social and cultural studies; and thirdly by showing how the articulation...

  2. Preparing the Dutch delta for future droughts: model based support in the national Delta Programme

    Science.gov (United States)

    ter Maat, Judith; Haasnoot, Marjolijn; van der Vat, Marnix; Hunink, Joachim; Prinsen, Geert; Visser, Martijn

    2014-05-01

    Keywords: uncertainty, policymaking, adaptive policies, fresh water management, droughts, Netherlands, Dutch Deltaprogramme, physically-based complex model, theory-motivated meta-model To prepare the Dutch Delta for future droughts and water scarcity, a nation-wide 4-year project, called Delta Programme, is established to assess impacts of climate scenarios and socio-economic developments and to explore policy options. The results should contribute to a national adaptive plan that is able to adapt to future uncertain conditions, if necessary. For this purpose, we followed a model-based step-wise approach, wherein both physically-based complex models and theory-motivated meta-models were used. First step (2010-2011) was to make a quantitative problem description. This involved a sensitivity analysis of the water system for drought situations under current and future conditions. The comprehensive Dutch national hydrological instrument was used for this purpose and further developed. Secondly (2011-2012) our main focus was on making an inventory of potential actions together with stakeholders. We assessed efficacy, sell-by date of actions, and reassessed vulnerabilities and opportunities for the future water supply system if actions were (not) taken. A rapid assessment meta-model was made based on the complex model. The effects of all potential measures were included in the tool. Thirdly (2012-2013), with support of the rapid assessment model, we assessed the efficacy of policy actions over time for an ensemble of possible futures including sea level rise and climate and land use change. Last step (2013-2014) involves the selection of preferred actions from a set of promising actions that meet the defined objectives. These actions are all modeled and evaluated using the complex model. The outcome of the process will be an adaptive management plan. The adaptive plan describes a set of preferred policy pathways - sequences of policy actions - to achieve targets under

  3. Current status of deepwater oil spill modelling in the Faroe-Shetland Channel, Northeast Atlantic, and future challenges.

    Science.gov (United States)

    Gallego, Alejandro; O'Hara Murray, Rory; Berx, Barbara; Turrell, William R; Beegle-Krause, C J; Inall, Mark; Sherwin, Toby; Siddorn, John; Wakelin, Sarah; Vlasenko, Vasyl; Hole, Lars R; Dagestad, Knut Frode; Rees, John; Short, Lucy; Rønningen, Petter; Main, Charlotte E; Legrand, Sebastien; Gutierrez, Tony; Witte, Ursula; Mulanaphy, Nicole

    2018-02-01

    As oil reserves in established basins become depleted, exploration and production moves towards relatively unexploited areas, such as deep waters off the continental shelf. The Faroe-Shetland Channel (FSC, NE Atlantic) and adjacent areas have been subject to increased focus by the oil industry. In addition to extreme depths, metocean conditions in this region characterise an environment with high waves and strong winds, strong currents, complex circulation patterns, sharp density gradients, and large small- and mesoscale variability. These conditions pose operational challenges to oil spill response and question the suitability of current oil spill modelling frameworks (oil spill models and their forcing data) to adequately simulate the behaviour of a potential oil spill in the area. This article reviews the state of knowledge relevant to deepwater oil spill modelling for the FSC area and identifies knowledge gaps and research priorities. Our analysis should be relevant to other areas of complex oceanography. Crown Copyright © 2017. Published by Elsevier Ltd. All rights reserved.

  4. The scenario approach to possible futures for oil and natural gas

    International Nuclear Information System (INIS)

    Bentham, Jeremy

    2014-01-01

    Shell has been using scenario planning for 40 years to help deepen its strategic thinking. Developing and applying scenarios is part of an ongoing process in Shell that encourages decision-makers to explore the features, uncertainties, and boundaries of the future landscape, and engage with alternative points of view. Shell scenarios go beyond conventional energy outlooks and consider long-term trends in economics, energy supply and demand, geopolitical shifts and social change. They are based on plausible assumptions and quantification, and include the impact of different patterns of individual and collective choices. Shell′s latest scenario publication, the New Lens Scenarios, published in 2013, provides an in-depth analysis of how economic, social and political forces might play out over the 21st century, as well as their consequences for the global energy system and environment. Its ‘Mountains’ and ‘Oceans’ scenarios set out two distinct paths the world might take in the decades ahead. They reinforce the urgency and complexity of addressing the world's resource and environmental stresses, and highlight the need for business, government and society to find new ways to collaborate, fostering policies that promote the development and use of cleaner energy, and improve energy efficiency. - Highlights: • Shell has used scenarios to deepen its strategic thinking for 40 years. • Shell scenarios cover a broader set of drivers than traditional energy outlooks. • Shell's New Lens Scenarios were published in February 2013. • They look at trends in the economy, politics and energy over the 21st century. • Coordinated policies are essential to meeting the world's rising energy needs

  5. National cultural values: reflections on the formation process of future leaders in international economic cooperation

    Directory of Open Access Journals (Sweden)

    MARIJA NIKOLIC

    2013-12-01

    Full Text Available The trend towards foreign investments in Serbia has been in rapid progress in recent years. The biggest and most valuable numbers of investments are coming from Italy. The authors’ expectation is that the trend of Italian investments in future will continue; therefore it is of high importance for the representatives of both countries’ business sectors to understand and accept differences and similarities to the other country’s business culture. Research of cultural differences between two nations , which are considered like a frame of business culture, helps avoiding possible misunderstandings and improving business cooperation between two countries. Having in mind students of economics and management, on one hand like future leaders of Italian and Serbian business and on other like representatives of the current education value system in the field of economics and management, this study consists of an application of the 7-D Hofstede Model. The application of the model takes place through the administration of two surveys done by students of Serbian Megatrend University, in Belgrade, and Italian Università degli Studi Gabriele d’Annunzio, in Pescara.

  6. A Crude Reality; Exploring the Interdependencies of Energy (Oil), the Macro-Economy, and National Security

    Science.gov (United States)

    2012-04-11

    Policy (SWEEP) optimizing our own natural resources in the near term (oil, natural gas, coal, nuclear, wind, solar, hydro, geothermal and synthetics... geothermal and synthetics), and displaces the oil based economy with a long term energy transformation plan based on renewable energy, is vital to...climb and supply begins to diminish. Global energy demands will continue to rise as the developing economies of countries like Brazil, Russia, China

  7. Korean national QPE technique development: Analysis of current QPE results and future plan

    Science.gov (United States)

    Cha, Joo Wan

    2013-04-01

    Korea Meteorological Administration(KMA) has developed a Real-time ADjusted Radar-AWS (Automatic Weather Station) Rainrate (RAD-RAR) system using eleven radars over the South Korea. The procedure of the RAD-RAR system in real time consists of four steps: 1) the quality control of volumetric reflectivity for each radar, 2) the computation of the every 10-min rain gauge rainfall within each radar, 3) the real time (10 min-updated) rainfall estimation by the Z-R relationship minimizing the difference between the 1.5-km constant altitude plan precipitation indicator and rain gauge rainfall based on Window Probability Matching Method(WPMM) and by the real-time bias correction of RAD-RAR conducted at every 10 minutes for each radar by making the bias, and 4) the composition of the 11-radar estimated rainfall data. In addition, a local gauge correction method applies for RAD-RAR system. Therefore, the correlation coefficient of R2 = 0.81 is obtained between the daily accumulated observed and RAD-RAR estimated rainfall in 2012. We like to develop a new QPE system using the multi-sensor(radar, rain gauge, numerical model output, and lightning) data for newly improving Korean national QPE system. We made the prototype QPE system in 2012 and improve the detail techniques now. In the future, the new high performance QPE system will include a dual polarization radar observation technique for providing more accurate and valuable national QPE data

  8. Ability to Pay for Future National Health Financing Scheme among Malaysian Households.

    Science.gov (United States)

    Aizuddin, Azimatun Noor; Aljunid, Syed Mohamed

    Malaysia is no exception to the challenging health care financing phenomenon of globalization. The objective of the present study was to assess the ability to pay among Malaysian households as preparation for a future national health financing scheme. This was a cross-sectional study involving representative samples of 774 households in Peninsular Malaysia. A majority of households were found to have the ability to pay for their health care. Household expenditure on health care per month was between MYR1 and MYR2000 with a mean (standard deviation [SD]) of 73.54 (142.66), or in a percentage of per-month income between 0.05% and 50% with mean (SD) 2.74 (5.20). The final analysis indicated that ability to pay was significantly higher among younger and higher-income households. Sociodemographic and socioeconomic statuses are important eligibility factors to be considered in planning the proposed national health care financing scheme to shield the needed group from catastrophic health expenditures. Copyright © 2017 Icahn School of Medicine at Mount Sinai. Published by Elsevier Inc. All rights reserved.

  9. The National Diabetes Education Program at 20 Years: Lessons Learned and Plans for the Future.

    Science.gov (United States)

    Siminerio, Linda M; Albright, Ann; Fradkin, Judith; Gallivan, Joanne; McDivitt, Jude; Rodríguez, Betsy; Tuncer, Diane; Wong, Faye

    2018-02-01

    The National Diabetes Education Program (NDEP) was established to translate findings from diabetes research studies into clinical and public health practice. Over 20 years, NDEP has built a program with partnership engagement that includes science-based resources for multiple population and stakeholder audiences. Throughout its history, NDEP has developed strategies and messages based on communication research and relied on established behavior change models from health education, communication, and social marketing. The program's success in continuing to engage diverse partners after 20 years has led to time-proven and high-quality resources that have been sustained. Today, NDEP maintains a national repository of diabetes education tools and resources that are high quality, science- and audience-based, culturally and linguistically appropriate, and available free of charge to a wide variety of audiences. This review looks back and describes NDEP's evolution in transforming and communicating diabetes management and type 2 diabetes prevention strategies through partnerships, campaigns, educational resources, and tools and identifies future opportunities and plans. © 2018 by the American Diabetes Association.

  10. The role of First Nations in oil and gas development under federal regulatory regimes: Options for change and lessons from New Zealand

    Energy Technology Data Exchange (ETDEWEB)

    Davis, T. R. [Borden, Ladner, Gervais, LLP., Ottawa, ON (Canada)

    2001-07-01

    This thesis was prepared at the University of Ottawa in partial fulfillment of the requirements for the degree of Master of Laws (LL.M.). It is included here in its entirety. It outlines the role played by First Nations under federal oil and gas regulatory regimes and makes recommendations designed to enable First Nations groups to participate in oil and gas development. A persuasive argument is made on legal and policy grounds for an active role for First Nations in oil and gas development within their traditional territories. This position is supported by a comprehensive analysis of three federal oil and gas regimes -- the Northern, Offshore and Indian Reserve regimes -- their legislative frameworks and recent developments in aboriginal jurisprudence and policy. Further support for the recommendations is adduced by comparing the Canadian situation with relevant contemporary resource management issues in New Zealand. The author recommends the immediate creation of a Consultation Model for a range of consultation processes that vary depending upon the nature of the issue. Over the longer term, development of First Nation Models is recommended. These models should be adjustable by careful monitoring of the successes and failures of First Nation oil and gas management regimes under Comprehensive Land Claim Agreements. It is suggested that internal capacity issues with respect to infrastructure and expertise must be addressed before First Nation groups can establish economically viable oil and gas models. [320 refs.].

  11. National extra heavy crude oil upgrade; Melhoramento de petroleos extra pesados nacionais no ambiente de producao

    Energy Technology Data Exchange (ETDEWEB)

    Medina, Lilian Camen; Zilio, Evaldo L.; Guimarae, Regina C.; Tosta, Luiz C. [PETROBRAS S.A., Rio de Janeiro, RJ (Brazil). Centro de Pesquisas; Barros, Ricardo S. de [Fundacao Universitaria Jose Bonifacio (FUJB), Rio de Janeiro, RJ (Brazil); Leite, Luiz Fernando T. [PETROBRAS S.A., Vitoria, ES (Brazil). Unidade de Negocios-ES

    2008-07-01

    Brazilian petroleums are becoming increasingly heavy, reaching values of up to 7 deg API, which classifies them as extra heavy. They are also very viscous, sometimes presenting values as 10184 mm{sup 2}/s to 50 deg C. These two factors affect production operations like lifting, flow assurance and primary processing, with implications on transporting and refining. Trading these kinds of oils is also difficult; once there are not many refineries in the world able to process them. Due to these facts and also to the lower yield on premium products, the international market value is lower than the reference oil, for example, oil 'Brent'. Studies indicate that in some heavy oils fields the process of well lifting and also the flow in pipelines is almost impracticable in a first analysis, mainly offshore field, impacting both technically and economically the development of the production of a new field. Therefore it becomes necessary implement efforts to develop alternatives to increase oil's API density and at the same time reduce the viscosity of extra heavy oil inside the well, i.e. through a process of upgrading assuring its flow and consequently their production, primary processing and refining, increasing, the value of marketing. (author)

  12. Holocene climate in the western Great Lakes national parks and lakeshores: Implications for future climate change

    Science.gov (United States)

    Davis, Margaret; Douglas, Christine; Cole, K.L.; Winkler, Marge; Flaknes, Robyn

    2000-01-01

    We reconstruct Holocene climate history (last 10,000 years) for each of the U.S. National Park Service units in the western Great Lakes region in order to evaluate their sensitivity to global warming. Annual precipitation, annual temperature, and July and January temperatures were reconstructed by comparing fossil pollen in lake sediment with pollen in surface samples, assuming that ancient climates were similar to modern climate near analogous surface samples. In the early Holocene, most of the parks experienced colder winters, warmer summers, and lower precipitation than today. An exception is Voyageurs National Park in northern Minnesota where, by 8000 years ago, January temperatures were higher than today. The combination of high mean annual temperature and lower precipitation at Voyageurs resulted in a dry period between 8000 and 5000 years ago, similar to the Prairie Period in regions to the south and west. A mid-Holocene warm-dry period also occurred at other northern and central parks but was much less strongly developed. In southern parks there was no clear evidence of a mid-Holocene warm-dry period. These differences suggest that global model predictions of a warm, dry climate in the northern Great Plains under doubled atmospheric CO2 may be more applicable to Voyageurs than to the other parks. The contrast in reconstructed temperatures at Voyageurs and Isle Royale indicates that the ameliorating effect of the Great Lakes on temperatures has been in effect throughout the Holocene and presumably will continue in the future, thus reducing the potential for species loss caused by future temperature extremes. Increased numbers of mesic trees at all of the parks in the late Holocene reflect increasing annual precipitation. This trend toward more mesic conditions began 6000 years ago in the south and 4000 years ago in the north and increased sharply in recent millennia at parks located today in lake-effect snow belts. This suggests that lake-effect snowfall is

  13. Quantified moving average strategy of crude oil futures market based on fuzzy logic rules and genetic algorithms

    Science.gov (United States)

    Liu, Xiaojia; An, Haizhong; Wang, Lijun; Guan, Qing

    2017-09-01

    The moving average strategy is a technical indicator that can generate trading signals to assist investment. While the trading signals tell the traders timing to buy or sell, the moving average cannot tell the trading volume, which is a crucial factor for investment. This paper proposes a fuzzy moving average strategy, in which the fuzzy logic rule is used to determine the strength of trading signals, i.e., the trading volume. To compose one fuzzy logic rule, we use four types of moving averages, the length of the moving average period, the fuzzy extent, and the recommend value. Ten fuzzy logic rules form a fuzzy set, which generates a rating level that decides the trading volume. In this process, we apply genetic algorithms to identify an optimal fuzzy logic rule set and utilize crude oil futures prices from the New York Mercantile Exchange (NYMEX) as the experiment data. Each experiment is repeated for 20 times. The results show that firstly the fuzzy moving average strategy can obtain a more stable rate of return than the moving average strategies. Secondly, holding amounts series is highly sensitive to price series. Thirdly, simple moving average methods are more efficient. Lastly, the fuzzy extents of extremely low, high, and very high are more popular. These results are helpful in investment decisions.

  14. The future of water quality and the regulatory environment for the oil sands and coalbed methane development

    International Nuclear Information System (INIS)

    Kasperski, K.; Mikula, R.

    2004-01-01

    The use of consolidated tailings in recent years for the surface mined oil sands bitumen extraction process has resulted in major improvements in water consumption because materials are transported more efficiently in a slurry form. Water storage requirements will be reduced as the cost of handling tailings in the conventional manner becomes clearer. Future improvements may be in the form of mine face sand rejection, more advanced tailings treatment, or the use of clays for continuous reclamation. Sand filtering or stacking technologies can improve tailings properties and reduce the amount of water needed per unit of bitumen. It was noted that although the technologies will minimize land disturbance and fresh water consumption, water chemistries will be driven to the point where extraction recovery is impaired and water treatment will be required. The volumes and quality of water that is pumped out to produce coalbed methane (CBM) was also discussed with reference to the origin of water in coal beds, water resource depletion, water disposal, direct land applications, and surface evaporation. The Alberta Energy and Utilities Board and Alberta Environment are responsible for regulating CBM water issues in the province, including water disposal from CBM production. 41 refs., 6 tabs., 8 figs

  15. Oil trading manual

    International Nuclear Information System (INIS)

    Long, D.

    1995-01-01

    This manual provides basic information on all aspects of oil trading. Topics reviewed in Part 1 include physical characteristics and refining and oil pricing arrangements. Part 2 on instruments and markets contains chapters on crude oil markets, product markets, forward and futures contracts, forward paper markets, oil future exchanges, options, swaps and long term oil markets. Part 3 deals with administration and has chapters on operations and logistics, credit control, accounting, taxation of oil trading, contracts and legal and regulatory issues. (UK)

  16. Three different applications of genetic algorithm (GA) search techniques on oil demand estimation

    International Nuclear Information System (INIS)

    Canyurt, Olcay Ersel; Oztuerk, Harun Kemal

    2006-01-01

    This present study develops three scenarios to analyze oil consumption and make future projections based on the Genetic algorithm (GA) notion, and examines the effect of the design parameters on the oil utilization values. The models developed in the non-linear form are applied to the oil demand of Turkey. The GA Oil Demand Estimation Model (GAODEM) is developed to estimate the future oil demand values based on Gross National Product (GNP), population, import, export, oil production, oil import and car, truck and bus sales figures. Among these models, the GA-PGOiTI model, which uses population, GNP, oil import, truck sales and import as design parameters/indicators, was found to provide the best fit solution with the observed data. It may be concluded that the proposed models can be used as alternative solution and estimation techniques for the future oil utilization values of any country

  17. Oil-based technology and economy. Prospects for the future. A short introduction to basic issues and a review of oil depletion projections derived from different theories and methods

    International Nuclear Information System (INIS)

    Illum, K.

    2004-03-01

    The evidence presented in this review shows that forecasts made by governmental and international institutions differ markedly from the results of analyses made by individual, independent researchers and some analysts representing the oil industry. The oil industry's analysts point to ever greater costs of matching growing demand with supply from an aging resource base. Depending mainly on developments in the Middle East and the development of the world economy in the coming years, production may peak within one or two decades. It is a question of geology, technology, economy, and the policies conducted by various nations. The trouble is that no realistic technological, economic and political strategies for the warding off of the impacts of a decline in conventional oil supply are in sight. (AU)

  18. Oil and development

    Energy Technology Data Exchange (ETDEWEB)

    Ellis, F

    1974-10-01

    The shift in world income due to the increase in oil prices has resulted in a world economy that has been thrown off balance. Nine papers are presented that explore the background and the main implications of this ''watershed'' in international relations, particularly the extent to which it will affect the development prospects of poor countries and the climate of trade between poor and rich nations in the next few years. Two papers, ''Diary of Events in the Oil Market 1971--1974'' and ''Statistical Background,'' provide information on the financial changes implied by the price increase; some of the figures should be treated as preliminary estimates only. ''Large International Firms in the Oil Industry'' examines the part played by the major oil companies in developments in the oil market leading up to the events of 1973. Two papers, ''Can OPEC Maintain Current Prices'' and ''OPEC As a Model for Other Mineral Exporters,'' present optimistic conclusions, from the viewpoint of developing countries, on their future capability for controlling their own destinies in trade. ''A Note on Some Issues Raised for Science and Technology Policy by the Increase in Oil Prices'' looks at options open to producers and consumers of raw materials. ''Assessing the Economic Impact on Developing Countries and Some Policy Suggestions,'' ''A Note on the Implications of the Oil Price Increases for British Aid Policy,'' and ''Confrontation Versus Co-operation'' are three papers concerned with difficulties of developing countries and particularly India, Bangladesh, and Sri Lanka. (MCW)

  19. 'Twenty-five years after Chernobyl accident: Safety for the future'. 2011 National report of Ukraine

    International Nuclear Information System (INIS)

    Imanaka, Tetsuji; Shindo, Mahito

    2016-02-01

    This is the Japanese translation of the Ukrainian National Report 'Twenty-five Years after Chernobyl Accident: Safety for the Future', published by the Ministry of Ukraine of Emergencies in 2011 (in Ukrainian and English). This Japanese translation is published as an outcome of the KAKENHI research project on liquidations of Nuclear Disasters in the World (headed by Tetsuji Imanaka), in which Shindo participates, and as a KUR report of the Research Reactor Institute at Kyoto University. The objective of publishing this Japanese translation is to provide basic information on how to overcome the consequences of a large-scale Nuclear Disaster for the wide range of public, including decision-makers and administrative staff. By doing so, this publication aims at invigorating discussions over measures to be applied for overcoming the consequences of the TEPCO Nuclear Disaster (started in 11th March 2011 at Fukushima), and at forming proper schemes to minimise the consequences on current and future generations. The original text of this translation tightly summarised the whole picture of the Chernobyl Nuclear Disaster, which had been the only large-scale Nuclear Disaster until 11th March 2011. More importantly, it describes all sorts of measures and schemes taken in Ukraine from 1986 to 2011 in order to overcome the consequences of the Chernobyl Nuclear Disaster, in a quite well structured manner. In other words, from the contents of this text, Japanese readers are able to learn a lot about the very problems currently facing with. Therefore, I wish many Japanese readers will read this text, and utilise the knowledge written here effectively to overcome the consequences of the TEPCO Nuclear Disaster. (J.P.N.)

  20. Groundwater resources of the Devils Postpile National Monument—Current conditions and future vulnerabilities

    Science.gov (United States)

    Evans, William C.; Bergfeld, Deborah

    2017-06-15

    This study presents an extensive database on groundwater conditions in and around Devils Postpile National Monument. The database contains chemical analyses of springs and the monument water-supply well, including major-ion chemistry, trace element chemistry, and the first information on a list of organic compounds known as emerging contaminants. Diurnal, seasonal, and annual variations in groundwater discharge and chemistry are evaluated from data collected at five main monitoring sites, where streams carry the aggregate flow from entire groups of springs. These springs drain the Mammoth Mountain area and, during the fall months, contribute a significant fraction of the San Joaquin River flow within the monument. The period of this study, from fall 2012 to fall 2015, includes some of the driest years on record, though the seasonal variability observed in 2013 might have been near normal. The spring-fed streams generally flowed at rates well below those observed during a sequence of wet years in the late 1990s. However, persistence of flow and reasonably stable water chemistry through the recent dry years are indicative of a sizeable groundwater system that should provide a reliable resource during similar droughts in the future. Only a few emerging contaminants were detected at trace levels below 1 microgram per liter (μg/L), suggesting that local human visitation is not degrading groundwater quality. No indication of salt from the ski area on the north side of Mammoth Mountain could be found in any of the groundwaters. Chemical data instead show that natural mineral water, such as that discharged from local soda springs, is the main source of anomalous chloride in the monument supply well and in the San Joaquin River. The results of the study are used to develop a set of recommendations for future monitoring to enable detection of deleterious impacts to groundwater quality and quantity

  1. Energy efficiency in Serbia national energy efficiency program: Strategy and priorities for the future

    Directory of Open Access Journals (Sweden)

    Oka Simeon

    2006-01-01

    Full Text Available Energy system in Serbia, in the whole energy chain, from exploitation of primary energy sources, transformations in electric power plants and district heating plants, energy (electric and heat transmission and distribution to final users, and up to final energy consumption, is faced with a number of irrational and inefficient behavior and processes. In order to fight with such situation National Energy Efficiency Program, financed by the Ministry of Science and Environmental Protection has been founded in 2001. Basic facts about status of energy sector in Serbia, with special emphasis on the energy efficiency and use of renewable energy sources have been given in the review paper published in the issue No. 2, 2006 of this journal. In present paper new strategy and priorities of the National Energy Efficiency Program for the future period from 2006 to 2008, and beyond, is presented. This strategy and priorities are mainly based on the same concept and principles as previous, but new reality and new and more simulative economic and financial environment in energy sector made by the Energy low (accepted by Parliament in 2004 and Strategy of Development of Energy Sector in Republic Serbia up to 2015 (accepted by the Parliament in May 2005, have been taken into account. Also, responsibilities that are formulated in the Energy Community Treaty signed by the South-East European countries, and also coming from documents and directives of the European Community and Kyoto Protocol are included in new strategy. Once again necessity of legislative framework and influence of regulations and standards, as well as of the governmental support, has been pointed out if increased energy efficiency and increased use of renewable energy sources are expected. .

  2. A Study of Future Communications Concepts and Technologies for the National Airspace System-Part III

    Science.gov (United States)

    Ponchak, Denise S.; Apaza, Rafael D.; Wichgersm Joel M.; Haynes, Brian; Roy, Aloke

    2014-01-01

    The National Aeronautics and Space Administration (NASA) Glenn Research Center (GRC) is investigating current and anticipated wireless communications concepts and technologies that the National Airspace System (NAS) may need in the next 50 years. NASA has awarded three NASA Research Announcements (NAR) studies with the objective to determine the most promising candidate technologies for air-to-air and air-to-ground data exchange and analyze their suitability in a post-NextGen NAS environment. This paper will present progress made in the studies and describe the communications challenges and opportunities that have been identified as part of the study. NASA's NextGen Concepts and Technology Development (CTD) Project integrates solutions for a safe, efficient and high-capacity airspace system through joint research efforts and partnerships with other government agencies. The CTD Project is one of two within NASA's Airspace Systems Program and is managed by the NASA Ames Research Center. Research within the CTD Project is in support the 2011 NASA Strategic Plan Sub-Goal 4.1: Develop innovative solutions and advanced technologies, through a balanced research portfolio, to improve current and future air transportation. The focus of CTD is on developing capabilities in traffic flow management, dynamic airspace configuration, separation assurance, super density operations and airport surface operations. Important to its research is the development of human/automation information requirements and decisionmaking guidelines for human-human and human-machine airportal decision-making. Airborne separation, oceanic intrail climb/descent and interval management applications depend on location and intent information of surrounding aircraft. ADS-B has been proposed to provide the information exchange, but other candidates such as satellite-based receivers, broadband or airborne internet, and cellular communications are possible candidate's.

  3. Framing the national nuclear legacy at the local level: Implications for the future of federal facilities

    International Nuclear Information System (INIS)

    Morrone, Michele; Basta, Tania B.; Somerville, Jennifer

    2012-01-01

    There are several major federal nuclear facilities located in small towns and rural areas of the United States. While many of these facilities were developed in the 1950s to support national defense, in the 1960s and 1970s, some of these shifted their mission to focus on national energy infrastructure. Now, many of these facilities are in a clean-up phase, and local communities are becoming increasingly engaged in influencing decisions about the future of the sites. Communicating with the public in rural communities is challenging when it involves a complicated environmental issue that could have widespread economic impacts. The local media reflect public understanding, so getting a sense of how these media frame issues can be a crucial first step to developing an effective community engagement strategy. A media content analysis of one local newspaper was completed in relation to a major federal nuclear facility. The content analysis is compared to the results of a telephone survey in the region served by the paper and the results suggest that there is a relationship between how the facility is portrayed in local media and public concern. This study has important implications for other nuclear facilities because of the role of local citizens in decision-making. - Highlights: ► Decisions about federal nuclear facilities include local citizen participation. ► Local media can play an important role in public perception of environmental risk. ► Local print media rely on a limited number in of sources for their stories. ► Effective risk communication should begin by understanding local public concerns.

  4. Future Oil Spills and Possibilities for Intervention: A Model for the Coupled Human-Environmental Resource Extraction System

    Science.gov (United States)

    Shughrue, C. M.; Werner, B.; Nugnug, P. T.

    2010-12-01

    The catastrophic Deepwater Horizon oil spill highlights the risks for widespread environmental damage resulting from petroleum resource extraction. Possibilities for amelioration of these risks depend critically on understanding the dynamics and nonlinear interactions between various components of the coupled human-environmental resource extraction system. We use a complexity analysis to identify the levels of description and time scales at which these interactions are strongest, and then use the analysis as the basis for an agent-based numerical model with which decadal trends can be analyzed. Oil industry economic and technological activity and associated oil spills are components of a complex system that is coupled to natural environment, legislation, regulation, media, and resistance systems over annual to decadal time scales. In the model, oil spills are produced stochastically with a range of magnitudes depending on a reliability-engineering-based assessment of failure for the technology employed, human factors including compliance with operating procedures, and risks associated with the drilling environment. Oil industry agents determine drilling location and technological investment using a cost-benefit analysis relating projected revenue from added production to technology cost and government regulation. Media outlet agents reporting on the oil industry and environmental damage from oil spills assess the impacts of aggressively covering a story on circulation increases, advertiser concerns and potential loss of information sources. Environmental advocacy group agents increase public awareness of environmental damage (through media and public contact), solicit memberships and donations, and apply direct pressure on legislators for policy change. Heterogeneous general public agents adjust their desire for change in the level of regulation, contact their representatives or participate in resistance via protest by considering media sources, personal

  5. Planning national oil consumption: applying the 'soft landing' guideline of energy consumption structure

    Energy Technology Data Exchange (ETDEWEB)

    Zhang, Yinghong; Wang, Daofu; Li, Chencheng; Su, Jin

    2010-09-15

    The world energy is enough, but the world supply and demand of oil has reached the tight balance. So, as more and more emerging economic entities and export states plan respective energy consumption or production sporadically, the conflict between nationalism and globalization will challenge to the long term energy stability. The solution will be substituting and utilizing energy in proper order. For this purpose, 'world energy ecological environment' and 'yielding point in energy competition' should be used. Specifically, by the order, China's natural gas industry should be utilized and accelerated to ensure the stable economic development of China.

  6. Current status and future prospects of Japanese national project on coated conductor development and its applications

    Science.gov (United States)

    Shiohara, Y.; Yoshizumi, M.; Izumi, T.; Yamada, Y.

    2008-09-01

    Four years of the current five-year national project since 2003 for development of coated conductors using Y-system superconductors have passed and lots of remarkable results have been achieved. In this paper, the current status and the future prospect of this project are reviewed. The current national project comprises several groups of national laboratories, universities and private companies. The group of high performance tape development, consisting of Fujikura and SRL-NCCC, has worked on the tape by PLD-REBCO superconducting tapes on the PLD-CeO 2/IBAD-GZO buffered substrates. The high product of Ic and L equal to 112,166 A m was achieved in the 368 m-304.8 A GdBCO tape whose Ic value is mostly above 350 A/cm-w. The performance under the magnetic fields was also improved up to 42 A at 3 T in a GdBCO short film with doping of ZrO 2. About 61 m long GdBCO tape with ZrO 2 doping showed a high Ic value of 220 A at self field and 30 A at 3 T. On the other hand, the other group focusing on the low production cost has worked on processes of TFA-MOD and MOCVD, etc. The extremely high Ic value of 735 A/cm-w was attained in the TFA-MOD films on PLD-CeO 2/IBAD-GZO/Hastelloy C276 substrate by means of using the effect of Ba-poor nominal composition. In the efforts for long tape production, 200 m long tapes with high Ic values of 200 A/cm-w and 205 A/cm-w were obtained by MOD-YBCO/PLD-CeO 2/IBAD-GZO/Hastelloy C276 and PLD-HoBCO on buffered NiW substrate, respectively. The Ic × L value of the MOD-derived tape was 40,000 A m, which is the highest value in the world by the MOD process. Based on the above achievements on the coated conductor process development, two new additional goals were set in the project. One is the development for the extremely low cost tape and another is the development of the basic technologies for making the electric power devices including cables, transformers, motors, current-limiters and cryocoolers. Some of the new themes already revealed the

  7. Current status and future prospects of Japanese national project on coated conductor development and its applications

    Energy Technology Data Exchange (ETDEWEB)

    Shiohara, Y. [Superconductivity Research Laboratory, ISTEC, Shinonome 1-10-13, Koto-ku, Tokyo 135-0062 (Japan)], E-mail: shiohara@istec.or.jp; Yoshizumi, M.; Izumi, T. [Superconductivity Research Laboratory, ISTEC, Shinonome 1-10-13, Koto-ku, Tokyo 135-0062 (Japan); Yamada, Y. [Superconductivity Research Laboratory, ISTEC, Nagoya Coated Conductor Center, 2-4-1, Mutsuno, Atsuta-ku, Nagoya 456-8587 (Japan)

    2008-09-15

    Four years of the current five-year national project since 2003 for development of coated conductors using Y-system superconductors have passed and lots of remarkable results have been achieved. In this paper, the current status and the future prospect of this project are reviewed. The current national project comprises several groups of national laboratories, universities and private companies. The group of high performance tape development, consisting of Fujikura and SRL-NCCC, has worked on the tape by PLD-REBCO superconducting tapes on the PLD-CeO{sub 2}/IBAD-GZO buffered substrates. The high product of I{sub c} and L equal to 112,166 A m was achieved in the 368 m-304.8 A GdBCO tape whose I{sub c} value is mostly above 350 A/cm-w. The performance under the magnetic fields was also improved up to 42 A at 3 T in a GdBCO short film with doping of ZrO{sub 2}. About 61 m long GdBCO tape with ZrO{sub 2} doping showed a high I{sub c} value of 220 A at self field and 30 A at 3 T. On the other hand, the other group focusing on the low production cost has worked on processes of TFA-MOD and MOCVD, etc. The extremely high I{sub c} value of 735 A/cm-w was attained in the TFA-MOD films on PLD-CeO{sub 2}/IBAD-GZO/Hastelloy C276 substrate by means of using the effect of Ba-poor nominal composition. In the efforts for long tape production, 200 m long tapes with high I{sub c} values of 200 A/cm-w and 205 A/cm-w were obtained by MOD-YBCO/PLD-CeO{sub 2}/IBAD-GZO/Hastelloy C276 and PLD-HoBCO on buffered NiW substrate, respectively. The I{sub c} x L value of the MOD-derived tape was 40,000 A m, which is the highest value in the world by the MOD process. Based on the above achievements on the coated conductor process development, two new additional goals were set in the project. One is the development for the extremely low cost tape and another is the development of the basic technologies for making the electric power devices including cables, transformers, motors, current

  8. Current status and future prospects of Japanese national project on coated conductor development and its applications

    International Nuclear Information System (INIS)

    Shiohara, Y.; Yoshizumi, M.; Izumi, T.; Yamada, Y.

    2008-01-01

    Four years of the current five-year national project since 2003 for development of coated conductors using Y-system superconductors have passed and lots of remarkable results have been achieved. In this paper, the current status and the future prospect of this project are reviewed. The current national project comprises several groups of national laboratories, universities and private companies. The group of high performance tape development, consisting of Fujikura and SRL-NCCC, has worked on the tape by PLD-REBCO superconducting tapes on the PLD-CeO 2 /IBAD-GZO buffered substrates. The high product of I c and L equal to 112,166 A m was achieved in the 368 m-304.8 A GdBCO tape whose I c value is mostly above 350 A/cm-w. The performance under the magnetic fields was also improved up to 42 A at 3 T in a GdBCO short film with doping of ZrO 2 . About 61 m long GdBCO tape with ZrO 2 doping showed a high I c value of 220 A at self field and 30 A at 3 T. On the other hand, the other group focusing on the low production cost has worked on processes of TFA-MOD and MOCVD, etc. The extremely high I c value of 735 A/cm-w was attained in the TFA-MOD films on PLD-CeO 2 /IBAD-GZO/Hastelloy C276 substrate by means of using the effect of Ba-poor nominal composition. In the efforts for long tape production, 200 m long tapes with high I c values of 200 A/cm-w and 205 A/cm-w were obtained by MOD-YBCO/PLD-CeO 2 /IBAD-GZO/Hastelloy C276 and PLD-HoBCO on buffered NiW substrate, respectively. The I c x L value of the MOD-derived tape was 40,000 A m, which is the highest value in the world by the MOD process. Based on the above achievements on the coated conductor process development, two new additional goals were set in the project. One is the development for the extremely low cost tape and another is the development of the basic technologies for making the electric power devices including cables, transformers, motors, current-limiters and cryocoolers. Some of the new themes already

  9. Competitiveness in the Brazilian oil industry. The Brazilian 'oil diamond'

    International Nuclear Information System (INIS)

    Zamith, R.; Moutinho Dos Santos, E.

    2000-01-01

    It is recognized the economic benefits that might follow the opening process of the Brazilian oil and natural gas industry, which shall experience a fast expansion with the arrival of national and international private investors. However, we should not neglect the broader impact of this process on the future development of all that cluster of national agents that lived around and served the former national oil monopoly, managed by the Brazilian National Oil Company, Petrobras. This work focuses on this larger perspective, discussing about the capacity of Brazil to sustain and expand its competitiveness in the oil business as well as to obtain the maximum economic development from the exploration of its oil and gas reserves. We adopt the work of Michael Porter, from the University of Harvard, about the Competitive Advantage of Nations, as a theoretical model to analyze the Competitive Advantage of Brazil in the global oil industry. By introducing the concept of ''oil diamond'', adapted from the notion introduced by this author, we develop a new understanding of national competitiveness in the oil sector. In this paper, we present the general model as well as a brief characterization of the results found for Brazil Subsequently, we focus on just one leg of the model, for which we discuss, with more detail, about the competitive condition of the country in the opening-up scenario. This leg regards the so-called supporting and supplementary industries that constitute what is denominated in the French tradition the ''para petroleum'' industry. We analyze the conditions for the Brazilian domestic ''para petroleum industry'' to survive and grow in the new competitive environment. (authors)

  10. Current and Future Friends of the Earth: Assessing Cross-National Theories of Environmental Attitudes

    Directory of Open Access Journals (Sweden)

    Karen Stenner

    2015-05-01

    Full Text Available Empirical studies of public opinion on environmental protection have typically been grounded in Inglehart’s post-materialism thesis, proposing that societal affluence encourages materially-sated publics to look beyond their interests and value the environment. These studies are generally conducted within, or at best across, Western, democratic, industrialized countries. Absence of truly cross-cultural research means the theory’s limitations have gone undetected. This article draws on an exceptionally broad dataset—pooling cross-sectional survey data from 80 countries, each sampled at up to three different points over 15 years—to investigate environmental attitudes. We find that post-materialism provides little account of pro-environment attitudes across diverse cultures, and a far from adequate explanation even in the affluent West. We suggest that unique domestic interests, more than broad value systems, are driving emerging global trends in environmental attitudes. The environment’s future champions may be the far from ‘post-material’ citizens of those developing nations most at risk of real material harm from climate change and environmental degradation.

  11. Database INIS and INIS National Centre of the Slovak Republic. Past, present and future

    International Nuclear Information System (INIS)

    Kuruc, J.

    2007-01-01

    Author in this paper deals with the history, present and future of the International Nuclear Information System (INIS). The INIS is the world leading information system on the peaceful uses of nuclear energy. The INIS is operated by the International Atomic Energy Agency (IAEA) in collaboration with 117 Member States and 23 co-operating international organisations. The collection of inputs and the dissemination of outputs to users are decentralised. Data processing and output production are centralised in the INIS Secretariat. This is very comprehensive coverage and effective method of handling information on different languages. In the INIS database there are more than 2.8 million items and among them 700 000 non-conventional literature (scientific reports, dissertations, brochures and patents). The INIS databases can be obtained from Local INIS centre, trough Internet and by prescription. In this paper in detail the information that can be obtained from INIS database and how that can be done in Slovakia is discussed. The second part deals with the work and history of the INIS National Centre of the Slovak Republic (author)

  12. Present status and future plan of development on National Nuclear Forensics Library at JAEA

    International Nuclear Information System (INIS)

    Kimura, Yoshiki; Shinohara, Nobuo; Funatake, Yoshio; Sato, Kaneaki; Toda, Nobufumi; Shinoda, Yoshiharu; Watahiki, Masaru; Kuno, Yusuke

    2013-01-01

    Japan Atomic Energy Agency (JAEA) has initiated R and D project on nuclear forensics technology such as analytical technologies towards the establishment of nuclear forensics capabilities in Japan. National Nuclear Forensics Library (NNFL) is one of the fundamental nuclear forensics capabilities and a prototype NNFL has been developed as one topic of the R and D project at JAEA. Main objective of NNFL is to determine whether a seized nuclear or other radioactive material from nuclear security event (e.g. illicit trafficking) is originated from one's country or not. Analytical data of the seized material are compared with the existing materials populated in a NNFL, and its attributions such as origin and history will be identified. This paper describes the current status and future plan on the development of prototype NNFL. The outline and the results of the participation in an international table top exercise on NNFL named 'Galaxy Serpent' are also reported in the present paper. (author)

  13. 103 Oil Politics and Niger Delta Ethnic Nationalism Film Genre in ...

    African Journals Online (AJOL)

    USER

    2017-12-30

    Dec 30, 2017 ... And all these have been used as raw materials for film production by Nigeria's .... manifold, and the state oil company Escravos-Lagos gas pipeline in. Chanom ...... film industry: A study of selected emergent genres. Ph.D.

  14. 75 FR 65309 - National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling

    Science.gov (United States)

    2010-10-22

    ... Drilling AGENCY: Department of Energy, Office of Fossil Energy. ACTION: Notice of open meeting. SUMMARY... and Offshore Drilling (the Commission). The Commission was organized pursuant to the Federal Advisory... to guard against, and mitigate the impact of, any oil spills associated with offshore drilling in the...

  15. 76 FR 2881 - Fishlake National Forest; Utah; Oil and Gas Leasing EIS

    Science.gov (United States)

    2011-01-18

    ... leasing, and to determine what lease stipulations would apply to those lands. The proposal also includes amending the FNF Land and Resource Management Plan (LRMP) to update management direction for minerals management, specifically oil and gas. The scope of the analysis is forest-wide. A Notice of Intent (NOI) was...

  16. Global networks and the two faces of Chinese national oil companies

    NARCIS (Netherlands)

    de Graaff, N.A.

    2014-01-01

    This paper investigates the patterns of transnational investments and alliances of Chinese state-owned oil companies since the mid-1990s and the social networks of their directors, taking the case of cnpc and its listed subsidiary PetroChina as the example. Using Social Network Analysis, I will map

  17. The oil and gas resource potential of the Arctic National Wildlife Refuge 1002 area, Alaska

    Science.gov (United States)

    ,

    1999-01-01

    In anticipation of the need for scientific support for policy decisions and in light of the decade-old perspective of a previous assessment, the USGS has completed a reassessment of the petroleum potential of the ANWR 1002 area. This was a comprehensive study by a team of USGS scientists in collaboration on technical issues (but not the assessment) with colleagues in other agencies and universities. The study incorporated all available public data and included new field and analytic work as well as the reevaluation of all previous work.Using a methodology similar to that used in previous USGS assessments in the ANWR and the NPRA, this study estimates that the total quantity of technically recoverable oil in the 1002 area is 7.7 BBO (mean value), which is distributed among 10 plays. Using a conservative estimate of 512 million barrels as a minimum commercially developable field size, then about 2.6 BBO of oil distributed in about three fields is expected to be economically recoverable in the undeformed part of the 1002 area. Using a similar estimated minimum field size, which may not be conservative considering the increased distance from infrastructure, the deformed area would be expected to have about 600 MMBO in one field.The amounts of in-place oil estimated for the 1002 area are larger than previous USGS estimates. The increase results in large part from improved resolution of reprocessed seismic data and geologic analogs provided by recent nearby oil discoveries.

  18. The new oil : water, its use, reuse and conservation has become almost as important to Alberta's economic future as oil

    Energy Technology Data Exchange (ETDEWEB)

    Collison, M.

    2009-03-15

    This article addressed concerns about water use in Alberta's oil sand industry and the need to effectively manage it. Companies such as Suncor, Syncrude Canada, Imperial Oil, Canadian Natural Resources Ltd., Petro-Canada, Nexen, Devon Energy and ConocoPhillips have improved water-use efficiency and reduced absolute water use significantly in recent years. A large percentage of the water produced from bitumen processing is recycled. In addition, saline groundwater not suitable for human or agricultural use has been pumped from deep aquifers to use in place of fresh water. The new Water and Environmental Science Research Facility at the University of Lethbridge, demonstrates just how prominent an issue water has become. Nexen Inc. is funding a Fellowship for Water Research at the new Lethbridge centre. A research team at the department of chemical and petroleum engineering at the Schulich School of Engineering is developing new ways to clean up produced water to such a purity that it can be used in oil and gas operations or used for irrigation. The standard of purity for oil production processes is higher than it is for irrigation because salts and silicon in water cause corrosion problems in metal equipment such as steam boilers. Ultrafiltration is being tested as an option to treat the produced water. To purify the produced water without the added cost of using pressure, the research team is enhancing the filtering process by adding a surfactant, a surface-active agent or detergent. 1 fig.

  19. Oil and natural gas energy plan for Canada, 1977--1985: Appendix D to Canada's resources and the national interest

    Energy Technology Data Exchange (ETDEWEB)

    1976-12-01

    Governments in Canada have made a number of changes in oil and gas policies and fiscal treatments recently. There remains a considerable question, however, whether Canada will have sufficient volumes of these two energy fuels available securely and economically in the years ahead. This report examines the position that oil and gas will occupy in Canada's energy future, and assesses the contribution that domestic supplies could provide. It was concluded that, under current and proposed royalty, taxation, and regulatory systems, the flow of investments into exploration and development will be insufficient to increase the domestic supply base to provide an acceptable level of future self-reliance. Additionally, because of jurisdictional factors, reinvestments from current production are not being directed to the areas of greatest resource potential in Canada. In order to illustrate the types and degrees of further policy and fiscal changes that are required, an investment program that could lead to a minimum acceptable level of production from Canadian sources was formulated. Recommendations for changes in fiscal regimes lead to a ''formula'' that directs 35 percent of net production revenue from current production to the exploration and development of new supplies; mobilizes new investment; and directs a greater portion of both these sources of funds to the development of potential supplies from remote and technologically difficult, high-risk areas. The implementation of this formula will require concessions by both the producing provinces and the Federal government together with commitments from producers.

  20. [The national health service in the United Kingdom-past, present and future].

    Science.gov (United States)

    Nakanishi, N; Tatara, K

    1996-10-01

    Britain's National Health Service (NHS) came into existence in 1948. It was the first comprehensive health system in any Western society to be based on the national provision of services and to offer free medical care to the entire population. The NHS has gone through several developments since, in particular the reorganisations of 1974 and 1982 and the general management overhaul of 1984. Until 1991, however, the NHS kept to the following principles: health service for everyone; sharing of financial costs and free at the point of use; geographical equality; the same high standard of care for everyone; selection on the basis of need for health care; and encouragement of a non-exploitative ethos. Britain's achievement with respect to health care has generally received high praise. Nevertheless, Mrs. Thatcher's government was convinced that the NHS contained a number of serious weakness. This view sprang from the government's belief that, because the NHS did not have a competitive market structure, it lacked an incentive for efficient behaviour. The reforms that were introduced in 1991 were designed to overcome these perceived flaws by creating a limited or internal market in health care, in which multiple providers of services compete with each other for the custom of independent purchasers. Competitive pressures now focus greater attention on patient needs, and the separation of purchasing functions has placed resource allocation under greater scrutiny. Making hospitals financially dependent on general practitioner (GP) referrals has resulted in consultants establishing closer contact with GPs. More is being done in GP surgeries and this has the effect not only of widening the range of general practice but also of raising GP standards. However, there are also some internal problems. Administrative costs have increased steeply, and new inequalities are developing as a consequence of competition. To reduce management costs and to allocate as much of the NHS budget as

  1. An assessment of the radiation protection programme within a major multi-national oil service company

    International Nuclear Information System (INIS)

    Nelis, P.; Simpkin, P.; Christie, K.

    2002-01-01

    In this paper we are going to look at the radiation protection programme which has been developed within one of the corporation's newer operating divisions, Baker Hughes INTEQ, which is a major supplier of drilling and real-time formation evaluation services. These enable the company to steer and drill complex wells, in the most challenging down-hole environments, into multiple target zones in oil and gas reservoirs. We will focus here on INTEQ's measurement while drilling or MWD services. These provide precise well navigation information and evaluation of the formation being drilled through, in real time, to the rig operators. Prior to the development of MWD technology, such information could only be obtained by lowering equipment into the hole after the drill had been removed, using wireline logging techniques. MWD tools carrying radioactive sources, commonly known in the oil field, albeit incorrectly, as nuclear tools, provide information on the density and porosity of the underground formation being drilled through

  2. The European integration process and the future of national tax systems

    Directory of Open Access Journals (Sweden)

    Dimitrijević Marina

    2014-01-01

    Full Text Available The establishment of the European Union (EU has had a huge impact on Europe which has become a substantially different place as compared to what it used to be in some earlier times. In the field of taxation, the EU Member States are generally required to fully implement of the process of tax harmonization. In fiscal terms, harmonization implies the coordination of particular taxes, tax structures and tax policies among states. As the primary objective of the EU is to establish the common market, to prevent distortion and to eliminate obstacles hindering the free movement of goods, services, capital and people, the first step towards accomplishing these goals has been the harmonization of indirect taxes: the Value Added Tax and (partly excises. The results have been much more inconspicuous in the harmonization of direct taxes: the personal-income tax, the corporate tax, and property taxes. The harmonization of direct taxes in the EU is still a current issue, particularly in view of the unfair tax competition and the need to strengthen and promote the development of the European common market. However, in reality, EU Member States consistently keep protecting their tax sovereignty and putting off the full harmonization of their legislation on direct taxes for some other time. In the contemporary circumstances, the activities which deserve undivided attention are the efforts aimed at improving tax cooperation between EU Member States and their tax administrations. In this paper, the author analyses the characteristics of tax harmonization and tax competition. Further on, the author discusses the arguments for and against tax harmonization, as well as the pros and cons of tax competition. Bearing in mind the current state of affairs, the evident problems in the field of tax harmonization at the EU level and the willingness of Member States to improve their tax cooperation, the author suggests possible directions for the development of national tax

  3. Gynecologic Cancer Prevention and Control in the National Comprehensive Cancer Control Program: Progress, Current Activities, and Future Directions

    OpenAIRE

    Stewart, Sherri L.; Lakhani, Naheed; Brown, Phaeydra M.; Larkin, O. Ann; Moore, Angela R.; Hayes, Nikki S.

    2013-01-01

    Gynecologic cancer confers a large burden among women in the United States. Several evidence-based interventions are available to reduce the incidence, morbidity, and mortality from these cancers. The National Comprehensive Cancer Control Program (NCCCP) is uniquely positioned to implement these interventions in the US population. This review discusses progress and future directions for the NCCCP in preventing and controlling gynecologic cancer.

  4. Gynecologic cancer prevention and control in the National Comprehensive Cancer Control Program: progress, current activities, and future directions.

    Science.gov (United States)

    Stewart, Sherri L; Lakhani, Naheed; Brown, Phaeydra M; Larkin, O Ann; Moore, Angela R; Hayes, Nikki S

    2013-08-01

    Gynecologic cancer confers a large burden among women in the United States. Several evidence-based interventions are available to reduce the incidence, morbidity, and mortality from these cancers. The National Comprehensive Cancer Control Program (NCCCP) is uniquely positioned to implement these interventions in the US population. This review discusses progress and future directions for the NCCCP in preventing and controlling gynecologic cancer.

  5. 77 FR 35623 - Connect America Fund; a National Broadband Plan for Our Future; Establishing Just and Reasonable...

    Science.gov (United States)

    2012-06-14

    ... America Fund; a National Broadband Plan for Our Future; Establishing Just and Reasonable Rates for Local Exchange Carriers; High-Cost Universal Service Support AGENCY: Federal Communications Commission. ACTION... Fund, Report and Order (Order). The Commission submitted revisions to this information collection under...

  6. 78 FR 29655 - Connect America Fund; A National Broadband Plan for Our Future; Establishing Just and Reasonable...

    Science.gov (United States)

    2013-05-21

    ... Fund; A National Broadband Plan for Our Future; Establishing Just and Reasonable Rates for Local Exchange Carriers; High-Cost Universal Service Support AGENCY: Federal Communications Commission. ACTION.... Subpart D--Universal Service Support for High Cost Areas 0 2. In Sec. 54.313, revise paragraph (a)(9...

  7. Monitoring the Future National Survey Results on Drug Use, 1975-2016. Volume I, Secondary School Students

    Science.gov (United States)

    Miech, Richard A.; Johnston, Lloyd D.; O'Malley, Patrick M.; Bachman, Jerald G.; Schulenberg, John E.; Patrick, Megan E.

    2017-01-01

    Monitoring the Future (MTF) is designed to give sustained attention to substance use among the nation's youth and adults. It is an investigator-initiated study that originated with and is conducted by a team of research professors at the University of Michigan's Institute for Social Research. Since its onset in 1975, MTF has been continuously…

  8. The overseas acquisitions and equity oil shares of Chinese national oil companies: A threat to the West but a boost to China's energy security?

    International Nuclear Information System (INIS)

    Zhang Zhongxiang

    2012-01-01

    This paper argues that both China and the Western countries need to de-politicize China's global quest for energy security. The Western politicians need to recognize that their rhetoric in relation to China's efforts to secure energy supplies overseas has done nothing but intensify China's fear that they might seek to deny China's access to the oil it needs for the development. China needs to reconsider its stance of distrusting global oil markets and to recognize that the reliance on aggressive acquisitions of overseas oil fields and equity oil production has been of little help in strengthening its energy security. Given that China's energy security depends increasingly and deeply on the stability of global oil markets and reliable and growing oil supplies to the market, China shares with other major oil importing countries profound common interests in maintaining and strengthening the stability of global oil markets and reducing the chance of potential disruptions to oil supply and the resulting damaging oil price shocks.

  9. 78 FR 19444 - Pawnee National Grassland, Colorado; Oil and Gas Leasing Analysis Environmental Impact Statement

    Science.gov (United States)

    2013-04-01

    ... Leasing Analysis on the Pawnee National Grassland (PNG), was signed. That decision determined which Lands... National Grassland. Much of the PNG's federal mineral estate made available per the 1997 ROD has already... [36 CFR 228.102(e)]. Accordingly, the PNG finds it is necessary to disclose the potential effects of...

  10. Breaking the Nation’s Oil Addiction: Is Ethanol the Cure?

    Science.gov (United States)

    2006-09-29

    for ethanol. By 2004, 17 states either banned or greatly restricted the use of MTBE.’ 14 Currently 20 states ban MTBE use.’ 5 Each state cites MTBE’s...Act", strive to ensure sufficient access to said pumps.158 Sen. Dayton asserts the bill is needed to combat big oil efforts to stifle its franchisee ...Senate Bill 2778, "Ethanol Fuel Supply Act of 2006") echoes H.R. 5261 effort to relieve tax restrictions placed on foreign ethanol. 20 5 Both bills are

  11. Nouveaux pétroles : quel avenir ? Partie 2 New Oil: What's in the Future? Part Two

    Directory of Open Access Journals (Sweden)

    Boy De la Tour X.

    2006-11-01

    Full Text Available PaL'accroissement des prix de 1973 a rendu accessible toute une plage de pétroles chers, mais ces nouveaux pétroles soulèvent encore des problèmes techniques considérables et leur compétitivité économique a été très affectée par le retournement du marché pétrolier. Quel est l'état des technologies ? Que reste-t-il des ambitieux projets conçus dans les années 70 ? Aux horizons 2000/2010, quel sera l'impact de ces nouveaux pétroles, en terme de quantités et au plan stratégique ? Telles sont les questions auxquelles la présente étude tente de répondre. The increase in oil prices in 1973 made an entire range of expensive oil available, but this new oil still raises considerable technical problems, and its economic competitiveness has been greatly affected by the downturn in the oil market. What is the state of the art of existing technologies ? What remains of the ambitious projects conceived in the 1970s? As of 2000/2010, what will the impact of this new oil be in terms of amounts and from the strategic standpoint? These are the questions that the present study attempts to answer.

  12. Rape of a Nation: An Eco-critical Reading of Helon Habila’s Oil on Water

    Directory of Open Access Journals (Sweden)

    Solomon Adedokun Edebor

    2017-09-01

    Full Text Available A number of literary and linguistic researches have been carried out on post-independent Nigerian quagmire. The concerns of some of these studies range from investigating many of the topical issues that have come to define the country, particularly with regard to the issues of bad governance and socio-economic oppression, to the roles played by the masses in aggravating the nation’s predicaments. However, not many critics and scholars have paid the deserved attention to the ecological concerns of Nigerian novelists. This paper, therefore, examines Helon Habila’s Oil on Water as a testament to the environmental mindfulness of Nigerian novelists. The choice of Oil on Water is informed by the fact that there is a dearth of serious scholarly research on the novel. Using the sociological approach and adopting a content analysis method, this study finds out that Habila is not oblivious of the ecological implications of man’s exploitative tendencies on earth’s resources as he makes bare the grim effects of Man’s reckless actions on the environment, the society and other living things, thereby rousing the consciousness of his readers as a way of forcing them to contribute their quota towards making the earth a safe place to live in, free from further gratuitous exploitations by a few to the disadvantage of many. It is, nevertheless, found out that the author fails to suggest pragmatic solutions to the staggering challenges confronting the oil-polluted and violence-ridden nation of Niger Delta.

  13. 76 FR 202 - Self-Regulatory Organizations; National Futures Association; Notice of Filing and Immediate...

    Science.gov (United States)

    2011-01-03

    ... the approach taken by the Board in 2008 to deal with changes to the enhanced ANC provision for Forex... $100 or more per futures, forex or option contract are required to adopt the Requirements. NFA... customers round-turn commissions, fees and other charges that total $100 or more per futures, forex or...

  14. An analysis of the effectiveness of a joint commodity and foreign exchange rate futures hedge: The case of a Canadian crude oil trader

    International Nuclear Information System (INIS)

    Klusa, L.J.

    1993-04-01

    This study focused on reducing risk for Canadian crude oil traders exposed to crude oil price and exchange rate uncertainty. Joint static and flow period hedges were developed and compared to unhedged positions and to naive and simple hedges. Optimal hedge ratio size and hedging effectiveness were identified for a variety of hedge lifting periods and durations. The in-sample results indicated that joint hedge models were more effective than other models in terms of minimizing the variance of returns. Out-of-sample results indicated that joint and simple commodity hedges were equally effective. Other findings included: shorter duration, close to expiry hedges were the most effective; the difference between the variability of spot and future price differences and their correlations were related to hedge ratio size; and a flow period hedge was the most effective hedge when spot prices were monthly average prices. 53 refs., 3 figs., 49 tabs

  15. A recommended approach to the National Pollutant Release Inventory (NPRI) for the upstream oil and gas industry : 2002 : CAC emissions

    International Nuclear Information System (INIS)

    2003-04-01

    The National Pollutant Release Inventory (NPRI) is a database of annual releases to air, water, land and off-site transfers of 273 specified pollutants. Environment Canada requires that the NPRI be reported annually. Criteria Air Contaminants (CAC) had to be reported for the first time in 2002. Air pollutants that contribute to the formation of ground level ozone and smog are included in the definition of CAC, along with any eye or respiratory irritants to both humans and animals. The substances of special interest to the petroleum industry are: oxides of nitrogen, sulphur dioxide, carbon monoxide, volatile organic compounds, total particulate matter, and particulate matters. This guide is intended to provide member companies of Canadian Association of Petroleum Producers (CAPP), operating upstream oil and gas facilities, with readily available data to determine the amount of CAC emissions released from their processes and equipment. Companies using these guidelines will be able to compare the performance of various upstream oil and gas companies more readily because the data is consistent. The scope of the project was described in section 1, and the sources of CAC emissions were identified in section 2. The reporting threshold was discussed in section 3. Data required for collection was outlined in section 4. Section 5 outlines how CAC emission quantities are determined. Calculation examples were provided in section 6 and definitions provided in section 7. 11 tabs., 1 fig

  16. What’s now, what’s new and what’s next in virgin olive oil elaboration systems? A perspective on current knowledge and future trends

    Directory of Open Access Journals (Sweden)

    Maria Lisa Clodoveo

    2014-10-01

    Full Text Available The aim of virgin olive oil elaboration process is to obtain the highest recovery of the best quality oil from the fruits. The aim of the researchers is to understand the key elements that allow to modulate the complex series of physical, physico-chemical, chemical and biochemical transformations in order to develop innovative and sustainable plant solutions able to increase simultaneously both yield and quality of product. The basic principles applied also in the newest olive oil industrial plants still follow the technical knowledge which have been empirically learned by humans thousands of years ago. In fact, it is well known that three factors, mixing, water adding and warming, are the three macroscopic driving forces able to favour the separation of the oily phase from the mass of crushed olives. In this consolidated scenario, can new elements emerge? The whole process should be considered more than a simple extraction of the oil present in fruit cells, but a complex elaboration of a product, which is depleted and enriched of both constitutive and neo-synthesised compounds through complex phenomena only in part discovered. In fact, while it is evident that numerous studies have been conducted to elucidate the behaviour of olive paste during virgin olive oil extraction process, a key conclusion is that the current level of understanding can be improved further by means the development of more rigorous researches with more focused targets aimed to understand the rheological changes, the coalescence phenomena, the changes in hydrophobic and hydrophilic phenomena, the partition equilibrium of minor compounds between aqueous and oily phases and, last but not least, the favourable and unfavourable enzymatic reactions. This paper provides an analysis of the present research field and its strengths and weaknesses are discussed. Potentially important future directions for research are also proposed.

  17. Floating oil-covered debris from Deepwater Horizon: identification and application

    International Nuclear Information System (INIS)

    Carmichael, Catherine A; Lemkau, Karin L; Nelson, Robert K; Reddy, Christopher M; Arey, J Samuel; Graham, William M; Linn, Laura J

    2012-01-01

    The discovery of oiled and non-oiled honeycomb material in the Gulf of Mexico surface waters and along coastal beaches shortly after the explosion of Deepwater Horizon sparked debate about its origin and the oil covering it. We show that the unknown pieces of oiled and non-oiled honeycomb material collected in the Gulf of Mexico were pieces of the riser pipe buoyancy module of Deepwater Horizon. Biomarker ratios confirmed that the oil had originated from the Macondo oil well and had undergone significant weathering. Using the National Oceanic and Atmospheric Administration’s records of the oil spill trajectory at the sea surface, we show that the honeycomb material preceded the front edge of the uncertainty of the oil slick trajectory by several kilometers. We conclude that the observation of debris fields deriving from damaged marine materials may be incorporated into emergency response efforts and forecasting of coastal impacts during future offshore oil spills, and ground truthing predicative models. (letter)

  18. The Brazilian National Graduate Program, Past, Present and Future: A Short Review

    Science.gov (United States)

    De Sá Barreto, Francisco César; Domingues, Ivan; Borges, Mário Neto

    2014-01-01

    This article aims at presenting the current structure of the Brazilian National Graduate Program. It describes the development of the courses from their starting point in the Thirties focusing on the last six decades. It demonstrates that after the country set up the two national agencies to foster science and technology, CAPES and CNPq,…

  19. The US national isotope program: Current status and strategy for future success

    International Nuclear Information System (INIS)

    Rivard, Mark J.; Bobek, Leo M.; Butler, Ralph A.; Garland, Marc A.; Hill, David J.; Krieger, Jeanne K.; Muckerheide, James B.; Patton, Brad D.; Silberstein, Edward B.

    2005-01-01

    Since their introduction in the 1940s, peaceful use of stable isotopes and radioisotopes in the United States has expanded continuously. Today, new isotopes for diagnostic and therapeutic uses are not being developed, critical isotopes for national security are in short supply, and demand for isotopes critical to homeland security exceeds supply. While commercial suppliers, both domestic and foreign, can only meet specific needs, the nation needs a consistent, reliable supply of radioactive and stable isotopes for research, medical, security, and space power applications. The national isotope infrastructure, defined as both facilities and trained staff at national laboratories and universities, is in danger of being lost due to chronic underfunding. With the specific recommendations given herein, the US Department of Energy may realign and refocus its Isotope Program to provide a framework for a successful National Isotope Program

  20. Impacts of Sedimentation from Oil and Gas Development on Stream Macroinvertebrates in Two Adjacent Watersheds of the Allegheny National Forest of Northwestern Pennsylvania

    Energy Technology Data Exchange (ETDEWEB)

    Fritz, K.; Harris, S.; Edenborn, H.M.; Sams, J.

    2011-01-01

    Fritz, Kelley'*, Steven Harris', Harry Edenborn2, and James Sams2. 'Clarion University of Pennsylvania, Clarion, PA 16214, 2National Energy Technology Laboratory, U.S. Dept. Energy, Pittsburgh, PA 15236. Impacts a/Sedimentation/rom Oil and Gas Development on Stream Macroinvertebrates in Two Adjacent Watersheds a/the Allegheny National Forest a/Northwestern Pennsylvania - The Allegheny National Forest (ANF), located in northwestern Pennsy Ivania, is a multiuse forest combining commercial development with recreational and conservation activities. As such, portions of the ANF have been heavily logged and are now the subject of widespread oil and gas development. This rapid increase in oil and gas development has led to concerns about sediment runoff from the dirt and gravel roads associated with development and the potential impact on the aquatic biota of the receiving streams. We examined and compared the benthic macroinvertebrate communities in two adjacent watersheds of similar size and topography in the ANF; the Hedgehog Run watershed has no oil and gas development, while the adjacent Grunder Run watershed has extensive oil and gas development. In Hedgehog and Grunder Run, we collected monthly kicknet samples from riffles and glides at two sites from April to October 2010. At the same intervals, we measured standard water quality parameters, including conductivity and turbidity. Preliminary results have indicated much higher turbidity in Grunder Run, but little difference in the diversity and abundance of benthic macro invertebrates inhabiting the two streams.

  1. Engagement and Implications for Future National Security Strategies: Can the Services Adapt

    National Research Council Canada - National Science Library

    Hodge, Michael

    2000-01-01

    ...: mission profiles beyond the design of US armed forces, debate over the role of US armed forces within an "engagement" construct, debate over the future nature of US Security Policy and doctrinal...

  2. Innovative options for structuring oil and gas agreements on First Nation lands

    International Nuclear Information System (INIS)

    Wells, M.D.

    1999-01-01

    The paper is developed from two perspectives, both of which are integral to the manner in which the paper's topic is viewed: a First Nation's perspective and a legal perspective. The paper is premised on two important points. The first is that the paper is presented only from a First Nation's perspective, not from the commonly understood 'Indians, Inuit and Metis', but from what has historically been considered as an 'Indian' perspective. The second premise is that the entirety of Aboriginal Lands is not dealt with, which are commonly understood to include reserve lands and Aboriginal title lands. With one exception, the discussion is concerned with options for structuring agreements to reserve lands which are defined as 'a tract of land, the legal title of which is vested in Her Majesty, that has been set apart by Her Majesty, for the use and benefit of the land'. It is important to understand the perspective First Nations have of their land and resources. And from a legal point of view, it is also important to understand the distinction between Aboriginal title lands and Indian Reserve lands. Integral to this understanding is an appreciation of the manner in which First Nations' title arises. The failure of the current legislative scheme to adequately protect First Nation interests and provide for their greater participation is understood and appreciated by the author

  3. Trend and current practices of palm oil mill effluent polishing: Application of advanced oxidation processes and their future perspectives.

    Science.gov (United States)

    Bello, Mustapha Mohammed; Abdul Raman, Abdul Aziz

    2017-08-01

    Palm oil processing is a multi-stage operation which generates large amount of effluent. On average, palm oil mill effluent (POME) may contain up to 51, 000 mg/L COD, 25,000 mg/L BOD, 40,000 TS and 6000 mg/L oil and grease. Due to its potential to cause environmental pollution, palm oil mills are required to treat the effluent prior to discharge. Biological treatments using open ponding system are widely used for POME treatment. Although these processes are capable of reducing the pollutant concentrations, they require long hydraulic retention time and large space, with the effluent frequently failing to satisfy the discharge regulation. Due to more stringent environmental regulations, research interest has recently shifted to the development of polishing technologies for the biologically-treated POME. Various technologies such as advanced oxidation processes, membrane technology, adsorption and coagulation have been investigated. Among these, advanced oxidation processes have shown potentials as polishing technologies for POME. This paper offers an overview on the POME polishing technologies, with particularly emphasis on advanced oxidation processes and their prospects for large scale applications. Although there are some challenges in large scale applications of these technologies, this review offers some perspectives that could help in overcoming these challenges. Copyright © 2017 Elsevier Ltd. All rights reserved.

  4. Reflections on oil crops as sources of energy. I - jojoba (Simmondsia chinensis), a lubricant of the future

    Energy Technology Data Exchange (ETDEWEB)

    Martin, G.

    1983-06-01

    It is only in the last few years that public interest has been awakened in a modest oil-yielding shrub of the desert regions of California, Arizona (USA) and Mexico: jojoba (Simmondsia chinensis). This interest would seem to be justified in view of the qualities of the oil, which is altogether similar to sperm whale oil, and the possibilities it offers, notably as a lubricant. Naturally, as it is a rare product and its domestication has barely started, it has a fabulous market value (it reaches US $200/gal in 1981), but this will drop rapidly once development programmes get under way (already in 1983 the oil was to be found at US $ 50/55 gal). One-track research would be unprofitable. This drought-resistant shrub does not offer efficiency against desertification nor as an ally in the reclamation of climatically underprivileged, depopulated regions. This article makes an approach to a strategy and gives a broad outline for a programme. (Refs. 19).

  5. Gene therapy: charting a future course--summary of a National Institutes of Health Workshop, April 12, 2013.

    Science.gov (United States)

    O'Reilly, Marina; Federoff, Howard J; Fong, Yuman; Kohn, Donald B; Patterson, Amy P; Ahmed, Nabil; Asokan, Aravind; Boye, Shannon E; Crystal, Ronald G; De Oliveira, Satiro; Gargiulo, Linda; Harper, Scott Q; Ikeda, Yasuhiro; Jambou, Robert; Montgomery, Maureen; Prograis, Lawrence; Rosenthal, Eugene; Sterman, Daniel H; Vandenberghe, Luk H; Zoloth, Laurie; Abedi, Mehrdad; Adair, Jennifer; Adusumilli, Prasad S; Goins, William F; Gray, Jhanelle; Monahan, Paul; Popplewell, Leslie; Sena-Esteves, Miguel; Tannous, Bakhos; Weber, Thomas; Wierda, William; Gopal-Srivastava, Rashmi; McDonald, Cheryl L; Rosenblum, Daniel; Corrigan-Curay, Jacqueline

    2014-06-01

    Recently, the gene therapy field has begun to experience clinical successes in a number of different diseases using various approaches and vectors. The workshop Gene Therapy: Charting a Future Course, sponsored by the National Institutes of Health (NIH) Office of Biotechnology Activities, brought together early and mid-career researchers to discuss the key scientific challenges and opportunities, ethical and communication issues, and NIH and foundation resources available to facilitate further clinical advances.

  6. Gene Therapy: Charting a Future Course—Summary of a National Institutes of Health Workshop, April 12, 2013

    Science.gov (United States)

    O'Reilly, Marina; Federoff, Howard J.; Fong, Yuman; Kohn, Donald B.; Patterson, Amy P.; Ahmed, Nabil; Asokan, Aravind; Boye, Shannon E.; Crystal, Ronald G.; De Oliveira, Satiro; Gargiulo, Linda; Harper, Scott Q.; Ikeda, Yasuhiro; Jambou, Robert; Montgomery, Maureen; Prograis, Lawrence; Rosenthal, Eugene; Sterman, Daniel H.; Vandenberghe, Luk H.; Zoloth, Laurie; Abedi, Mehrdad; Adair, Jennifer; Adusumilli, Prasad S.; Goins, William F.; Gray, Jhanelle; Monahan, Paul; Popplewell, Leslie; Sena-Esteves, Miguel; Tannous, Bakhos; Weber, Thomas; Wierda, William; Gopal-Srivastava, Rashmi; McDonald, Cheryl L.; Rosenblum, Daniel

    2014-01-01

    Abstract Recently, the gene therapy field has begun to experience clinical successes in a number of different diseases using various approaches and vectors. The workshop Gene Therapy: Charting a Future Course, sponsored by the National Institutes of Health (NIH) Office of Biotechnology Activities, brought together early and mid-career researchers to discuss the key scientific challenges and opportunities, ethical and communication issues, and NIH and foundation resources available to facilitate further clinical advances. PMID:24773122

  7. 75 FR 47584 - National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling

    Science.gov (United States)

    2010-08-06

    ... Drilling AGENCY: Department of Energy, Office of Fossil Energy. ACTION: Notice of Open Meeting. SUMMARY... and Offshore Drilling (the Commission). The Commission was organized pursuant to the Federal Advisory... with offshore drilling in the future. The Commission is composed of seven members appointed by the...

  8. National Security Strategy: A Flawed Guide to the Future, Political Science

    National Research Council Canada - National Science Library

    Leahy, Michael

    2003-01-01

    The Goldwater-Nichols Defense Department Reorganization Act of 1986 requires the executive branch to periodically provide written documentation of the United States National Security Strategy (NSS). The George W...

  9. Recommendations for future low-level and mixed waste management practices at Los Alamos National Laboratory

    International Nuclear Information System (INIS)

    Jennrich, E.A.; Klein, R.B.; Murphy, E.S.; Shuman, R.; Hickman, W.W.; Rutz, A.C.; Uhl, D.L.

    1989-01-01

    This report describes recommendations concerning the management of low-level radioactive wastes and mixtures at Los Alamos National Laboratory. Performance assessments, characterization, site disposal design, shipment, and storage are discussed

  10. The national accounts as a tool for analysis and policy; past, present and future

    OpenAIRE

    Bos, Frits

    2006-01-01

    An overview is provided of the history, logic, merits and limitations of the national accounts. Past In the second half of the seventeenth century the first estimates of national income were made. These estimates served clear purposes, like demonstrating that a revision of the English tax system could raise sufficient resources for waging a war with Holland or France. The number of estimates and their frequency gradually increased, in particular since the First World War. Major innovat...

  11. A global energy network? The expansion and integration of non-triad national oil companies

    NARCIS (Netherlands)

    de Graaff, N.A.

    2011-01-01

    It is widely perceived that the rising influence of state-owned energy companies from outside the traditional triad (USA, EU, Japan) is transforming the structure of the global energy market and generating a new wave of resource-nationalism. There is, however, little empirical analysis of how this

  12. Soil and Oil, Trees and Seas: Building Nations through Natural Resources

    Science.gov (United States)

    Hu, Helen

    2014-01-01

    This article describes the activities of the tribal colleges and universities in building programs aimed at helping students and energy companies acquire the skills needed for employment in the natural resource industries around the Native nations. Students are learning many skills--welding, construction technology, and safety. Students are also…

  13. National Energy Plan II

    Energy Technology Data Exchange (ETDEWEB)

    None

    1979-01-01

    This volume contains the Administration's second National Energy Plan, as required by section 801 of the Department of Energy Organization Act (Public Law 95-91). A second volume will contain an assessment of the environmental trends associated with the energy futures reported here. Detailed appendices to the Plan will be published separately. The eight chapters and their subtitles are: Crisis and Uncertainty in the World Energy Future (The Immediate Crisis and the Continuing Problem, The Emergence of the Energy Problem, The Uncertainties of the World Energy Future, World Oil Prices, Consequences for the U.S.); The U.S. Energy Future: The Implications for Policy (The Near-, Mid-, and Long-Term, The Strategy in Perspective); Conservation (Historical Changes in Energy Use, Post-Embargo Changes - In Detail, Conservation Policies and Programs, The Role of Conservation); Oil and Gas (Oil, Natural Gas); Coal and Nuclear (Coal, Nuclear, Policy for Coal and Nuclear Power); Solar and Other Inexhaustible Energy Sources (Solar Energy, Geothermal, Fusion, A Strategy for Inexhaustible Resources); Making Decisions Promptly and Fairly (Managing Future Energy Crises: Emergency Planning, Managing the Current Shortfall: The Iranian Response Plan, Managing the Long-Term Energy Problem: The Institutional Framework, Fairness in Energy Policy, Public Participation in the Development of Energy Policy); and NEP-II and the Future (The Second National Energy Plan and the Nation's Energy Future, The Second National Energy Plan and the Economy, Employment and Energy Policy, The Second National Energy Plan and Individuals, The Second National Energy Plan and Capital Markets, and The Second National Energy Plan and the Environment). (ERA citation 04:041097)

  14. Fats, oils, and grease : options for plant-level treatment of a national problem

    Energy Technology Data Exchange (ETDEWEB)

    Miles, E.; Scherffius, B. [EcoPlus Inc. Charlotte, NC (United States)

    2007-09-15

    Fats, oils, and grease from restaurants and homes can congeal in sewers and result in damaging runoff into rivers and streams. A growing number of food service establishments are now producing increasing amounts of a specific grease product called brown grease, which is sticky and difficult to remove. Regulations now require haulers to remove the waste and dispose of it. However, many local treatment plants cannot accept or dispose of the amounts of grease currently being produced. A total of volume of 3 to 10 billion gallons per year of contaminated water have been accidentally discharged from sanitary sewers as a result of brown grease accumulations. This paper provided details of the EcoPlus Final Treatment Facility, which can be set up at waste water treatment plants and is able to process brown grease and discharge supernatant water from its process back into city sewers. The EcoPlus process produces 2 waste streams: (1) a low strength aqueous solution that can be disposed of in a sanitary sewer tap; and (2) a granular material that can be disposed of in a landfill for use as a soil conditioner. It was concluded that the granular material can also be used facilitate the incineration of sewage sludge, or burned as an alternative green fuel for power generation. 4 figs.

  15. Options Impacting the Electric System of the Future (ESF); NREL (National Renewable Energy Laboratory)

    Energy Technology Data Exchange (ETDEWEB)

    Cory, Karlynn

    2015-08-10

    As utilities are faced with adapting to new technologies, technology and policy due diligence are necessary to ensure the development of a future grid that brings greater value to utilities and their consumers. This presentation explores the different kinds of future directions the power industry could consider to create, discussing key components necessary for success. It will also discuss the practical application and possible strategies for utilities and innovators to implement smart technologies that will enable an ultimate ‘intelligent’ grid capable of two-way communication, interoperability, and greater efficiency and system resiliency.

  16. Photochemical model evaluation of the ground-level ozone impacts on ambient air quality and vegetation health in the Alberta oil sands region: Using present and future emission scenarios

    Science.gov (United States)

    Vijayaraghavan, Krish; Cho, Sunny; Morris, Ralph; Spink, David; Jung, Jaegun; Pauls, Ron; Duffett, Katherine

    2016-09-01

    One of the potential environmental issues associated with oil sands development is increased ozone formation resulting from NOX and volatile organic compound emissions from bitumen extraction, processing and upgrading. To manage this issue in the Athabasca Oil Sands Region (AOSR) in northeast Alberta, a regional multi-stakeholder group, the Cumulative Environmental Management Association (CEMA), developed an Ozone Management Framework that includes a modelling based assessment component. In this paper, we describe how the Community Multi-scale Air Quality (CMAQ) model was applied to assess potential ground-level ozone formation and impacts on ambient air quality and vegetation health for three different ozone precursor cases in the AOSR. Statistical analysis methods were applied, and the CMAQ performance results met the U.S. EPA model performance goal at all sites. The modelled 4th highest daily maximum 8-h average ozone concentrations in the base and two future year scenarios did not exceed the Canada-wide standard of 65 ppb or the newer Canadian Ambient Air Quality Standards of 63 ppb in 2015 and 62 ppb in 2020. Modelled maximum 1-h ozone concentrations in the study were well below the Alberta Ambient Air Quality Objective of 82 ppb in all three cases. Several ozone vegetation exposure metrics were also evaluated to investigate the potential impact of ground-level ozone on vegetation. The chronic 3-months SUM60 exposure metric is within the CEMA baseline range (0-2000 ppb-hr) everywhere in the AOSR. The AOT40 ozone exposure metric predicted by CMAQ did not exceed the United Nations Economic Commission for Europe (UN/ECE) threshold of concern of 3000 ppb-hr in any of the cases but is just below the threshold in high-end future emissions scenario. In all three emission scenarios, the CMAQ predicted W126 ozone exposure metric is within the CEMA baseline threshold of 4000 ppb-hr. This study outlines the use of photochemical modelling of the impact of an industry (oil

  17. Chinese Teenagers' Concerns about the Future: A Cross-National Comparison.

    Science.gov (United States)

    Dodds, Josiah; Chong-de, Lin

    1992-01-01

    Chinese teenagers (n=1,861) rated overpopulation and environmental pollution as their greatest concerns about the future; these were usually rated quite low by teenagers in other countries. Although still of concern to Chinese teenagers, nuclear war seemed more remote to them than it did to U.S. and former Soviet teenagers in earlier studies.…

  18. 75 FR 47666 - Self-Regulatory Organizations; National Futures Association; Notice of Filing and Immediate...

    Science.gov (United States)

    2010-08-06

    ... SECURITIES AND EXCHANGE COMMISSION [Release No. 34-62624; File No. SR-NFA-2010-02] Self-Regulatory... Interpretive Notice Entitled ``NFA Compliance Rule 2-30(b): Risk Disclosure Statement for Security Futures... President and General Counsel, NFA, dated July 26, 2010. I. Self-Regulatory Organization's Description of...

  19. Army National Guard Air Defense Artillery Modernization: A Vision for the Future

    Science.gov (United States)

    1994-05-15

    plan to replace Stinger Under Armor (SUA) for the ARNG, and no guarantee that the BSFV will be in the future ARNG force, divisional assets will remain...Ballistic Missile SUA Stinger Under Armor TAA Total Army Analysis TAAD Theater Area Air Defense TASM Tactical Air-to-Surface Missiles TBM Tactical

  20. Economic Impacts of Future Changes in the Energy System - National Perspectives

    DEFF Research Database (Denmark)

    Glynn, James; Fortes, Patrícia; Krook-Riekkola, Anna

    2015-01-01

    climate change. This chapter summarises modelling methodologies developed in the ETSAP community to assess economic impacts of decarbonising energy systems at a national level. The preceding chapter focuses on a global perspective. The modelling studies outlined here show that burden sharing rules...... and national revenue recycling schemes for carbon tax are critical for the long-term viability of economic growth and equitable engagement on combating climate change. Traditional computable general equilibrium models and energy systems models solved in isolation can misrepresent the long run carbon cost...

  1. A Study of Future Communications Concepts and Technologies for the National Airspace System - Part II

    Science.gov (United States)

    Ponchak, Denise S.; Apaza, Rafael D.; Haynes, Brian; Wichgers, Joel M.; Roy, Aloke

    2014-01-01

    The National Aeronautics and Space Administration (NASA) Glenn Research Center (GRC) is investigating current and anticipated wireless communications concepts and technologies that the National Airspace System (NAS) may need in the next 50 years. NASA has awarded three NASA Research Announcements (NAR) studies with the objective to determine the most promising candidate technologies for air-to-air and air-to-ground data exchange and analyze their suitability in a post-NextGen NAS environment. This paper will present progress made in the studies and describe the communications challenges and opportunities that have been identified during the studies' first year.

  2. A Study of Future Communications Concepts and Technologies for the National Airspace System - Part IV

    Science.gov (United States)

    Ponchak, Denise S.; Apaza, Rafael D.; Wichgers, Joel M.; Haynes, Brian; Roy, Aloke

    2015-01-01

    The National Aeronautics and Space Administration (NASA) Glenn Research Center (GRC) is investigating current and anticipated wireless communications concepts and technologies that the National Airspace System (NAS) may need in the next 50 years. NASA has awarded three NASA Research Announcements (NAR) studies with the objective to determine the most promising candidate technologies for air-to-air and air-to-ground data exchange and analyze their suitability in a post-NextGen NAS environment. This paper will present the final results describing the communications challenges and opportunities that have been identified as part of the study.

  3. Analysis of the Komineft Pipeline oil

    Energy Technology Data Exchange (ETDEWEB)

    Lambert, P.; Wang, Z.; Fieldhouse, B.; Jokuty, P.; Bissonnette, M.; Fingas, M. [Whiticar Scientific, Ottawa, ON (Canada); Whiticar, S. [Whiticar Scientific, Ottawa, ON (Canada); Kyle, D.; Landriault, M.; Sigouin, L.; Goldthorp, M.

    1995-12-31

    A detailed summary of the results of a study by Canadian experts acting as members of a United Nations (UN) team at a pipeline oil spill site in Western Siberia was presented. The purpose of the UN visit was to assess existing damage to the environment and to determine potential future hazards. A Komineft Pipeline oil sample was examined and its composition and characteristics were established. The oil characterization included determination of density, viscosity, pour point, interfacial tension, flash point, water content, dispersant effectiveness, sulphur content, evaporative loss, emulsion viscosity, emulsion water content and hydrocarbon group composition. 11 refs., 20 tabs., 17 figs.

  4. Gulf War tested U.S. oil policies

    International Nuclear Information System (INIS)

    Stuntz, L.G.; Smith, H.H.

    1992-01-01

    Success of the major oil-consuming nations dealing with the Gulf War oil shock should not breed complacency warn the authors. They note that the ability of the US and other major oil importers to eliminate the possibility of significant oil-supply disruptions is limited. Rapid replacement of disrupted supplies through use of excess production capacity was the most important event during the War, they say. However, such excess capacity cannot be counted on in future supply disruptions, they emphasize. Therefore, they conclude the US should: build its Strategic Petroleum Reserve, continue close coordination with its International Energy Agency partners, encourage diversification of world oil supply, develop portions of the Outer Continental Shelf and the Alaskan National Wildlife Refuge, push advanced oil recovery research and development, lower consumption, and increase flexibility in its use of other fuels

  5. The National Inventory of Down Woody Materials: Methods, Outputs, and Future Directions

    Science.gov (United States)

    Christopher W. Woodall

    2003-01-01

    The Forest Inventory and Analysis Program (FIA) of the USDA Forest Service conducts a national inventory of forests of the United States. A subset of FIA permanent inventory plots are sampled every year for numerous forest health indicators ranging fiom soils to understory vegetation. Down woody material (DWM) is an FIA indicator that refines estimation of forest...

  6. Future of National Sovereignty of the Republic of Moldova in the Perspective of European Integration

    Directory of Open Access Journals (Sweden)

    Victor Rusu

    2012-05-01

    Full Text Available By the end of XXth century, important transformations took place in the field of relations related tostate structure, especially in relations specific to federalism, affecting the political life of many states. Thenational principle of constitution of certain states became the cause of many interethnic conflicts (the nationalprinciple generates separatism together with the development of underdeveloped nations. Currentinternational situation in the field of human rights protection, protection of the rights of people andfundamental principles of international law, makes it impossible to improve the situations related to theachievement of their sovereignty by nations or, at least, avoid new conflicts, like the one in Yugoslavia. It isimpossible only if the „vectors” of international law are not changed, if the visions on the problem ofcorrelation between human rights and rights of the people and achievement of their „sovereignty” by them arenot corrected. At the same time we should mention that if national sovereignty is based namely on the right ofthe nation (not of individuals or of state to self-determination is such a complex political institution, it will benot necessary to apply it.

  7. Looking to the Future: Themes from the Third National Conference for Counseling Psychology.

    Science.gov (United States)

    Rude, Stephanie S.; And Others

    1988-01-01

    Presents summary of common themes from the Third National Conference for Counseling Psychology including strategies to enhance visibility and political strength, and ways to improve training of counseling psychologists by enhancing rigor, scientific thinking, professional identity, and ability to work in diverse and emerging settings. Discusses…

  8. The national immunisation programme in the Netherlands: current status and potential future developments

    NARCIS (Netherlands)

    Abbink F; Al MJ; Berbers GAM; Binnendijk RS van; Boot HJ; Duynhoven YTHP van; Gageldonk-Lafeber AB van; Greeff SC de; Kimman TG; Meijer LA; Mooi FR; Oosten M van; Plas SM van der; Schouls LM; Soolingen D van; Vermeer-de Bondt PE; Vliet JA van; Melker HE de; Hahne SJM; Boer IM de; CIE

    2005-01-01

    The national immunisation programme in the Netherlands is very effective and safe. To improve the success and effectiveness of the immunisation programme, vaccination of other (age)groups is indicated. Extension of the programme with new target diseases can result in considerable health gain for

  9. Italian National Forest Inventory: methods, state of the project, and future developments

    Science.gov (United States)

    Giovanni Tabacchi; Flora De Natale; Antonio Floris; Caterina Gagliano; Patrizia Gasparini; Gianfranco Scrinzi; Vittorio Tosi

    2007-01-01

    A primary objective of the Italian National Forest Inventory (NFI) is to provide information required by the Kyoto Protocol and the Ministerial Conference on the Protection of Forests in Europe in relation to sustainable forest management practices. For this reason, the second Italian NFI was aimed at providing data in a way that is consistent with the international...

  10. The Future of Satellite Communications. Resource Management and the Needs of Nations.

    Science.gov (United States)

    Hinchman, Walter R.; Dunn, D. A.

    Recent events suggest that Intelsat (the 68-nation International Telecommunications Satellite Consortium) will coordinate a number of domestic and regional systems that provide satellite communications services, some of which will be maintained by Intelsat and some of which will be independent. This report addresses the problems of conflict in…

  11. Human impact surveys in Mount Rainier National Park : past, present, and future

    Science.gov (United States)

    Regina M. Rochefort; Darin D. Swinney

    2000-01-01

    Three survey methods were utilized to describe human impacts in one wilderness management zone of Mount Rainier National Park: wilderness impact cards, social trail and campsite surveys, and condition class surveys. Results were compared with respect to assessment of wilderness condition and ecological integrity. Qualitative wilderness impact cards provided location of...

  12. The spirit of the National Peace Accord: The past and future of ...

    African Journals Online (AJOL)

    This political reality is compounded by the fact that the Draft Bill itself permits either the government or community dispute resolution structures to end their liaison at any time, undermining commitment. The creation of a new National Peace Accord therefore appears unlikely in the short term. The hope is that the reader will ...

  13. The Provincial Reconstruction Teams in Afghanistan - A Model for Future Nation Building Operations

    Science.gov (United States)

    2009-05-01

    public at home. In the case of Germany, restrictions and tight rules of engagements (RoE) are the political solution. Using PRTs can make the...concept w ith integrated strategies on nation-builder’s is hinde red by departmental egoism , intergovernmental rivalries, and political shortsightedness

  14. Using high-resolution future climate scenarios to forecast Bromus tectorum invasion in Rocky Mountain National Park.

    Science.gov (United States)

    West, Amanda M; Kumar, Sunil; Wakie, Tewodros; Brown, Cynthia S; Stohlgren, Thomas J; Laituri, Melinda; Bromberg, Jim

    2015-01-01

    National Parks are hallmarks of ecosystem preservation in the United States. The introduction of alien invasive plant species threatens protection of these areas. Bromus tectorum L. (commonly called downy brome or cheatgrass), which is found in Rocky Mountain National Park (hereafter, the Park), Colorado, USA, has been implicated in early spring competition with native grasses, decreased soil nitrogen, altered nutrient and hydrologic regimes, and increased fire intensity. We estimated the potential distribution of B. tectorum in the Park based on occurrence records (n = 211), current and future climate, and distance to roads and trails. An ensemble of six future climate scenarios indicated the habitable area of B. tectorum may increase from approximately 5.5% currently to 20.4% of the Park by the year 2050. Using ordination methods we evaluated the climatic space occupied by B. tectorum in the Park and how this space may shift given future climate change. Modeling climate change at a small extent (1,076 km2) and at a fine spatial resolution (90 m) is a novel approach in species distribution modeling, and may provide inference for microclimates not captured in coarse-scale models. Maps from our models serve as high-resolution hypotheses that can be improved over time by land managers to set priorities for surveys and removal of invasive species such as B. tectorum.

  15. Using High-Resolution Future Climate Scenarios to Forecast Bromus tectorum Invasion in Rocky Mountain National Park

    Science.gov (United States)

    West, Amanda M.; Kumar, Sunil; Wakie, Tewodros; Brown, Cynthia S.; Stohlgren, Thomas J.; Laituri, Melinda; Bromberg, Jim

    2015-01-01

    National Parks are hallmarks of ecosystem preservation in the United States. The introduction of alien invasive plant species threatens protection of these areas. Bromus tectorum L. (commonly called downy brome or cheatgrass), which is found in Rocky Mountain National Park (hereafter, the Park), Colorado, USA, has been implicated in early spring competition with native grasses, decreased soil nitrogen, altered nutrient and hydrologic regimes, and increased fire intensity. We estimated the potential distribution of B. tectorum in the Park based on occurrence records (n = 211), current and future climate, and distance to roads and trails. An ensemble of six future climate scenarios indicated the habitable area of B. tectorum may increase from approximately 5.5% currently to 20.4% of the Park by the year 2050. Using ordination methods we evaluated the climatic space occupied by B. tectorum in the Park and how this space may shift given future climate change. Modeling climate change at a small extent (1,076 km2) and at a fine spatial resolution (90 m) is a novel approach in species distribution modeling, and may provide inference for microclimates not captured in coarse-scale models. Maps from our models serve as high-resolution hypotheses that can be improved over time by land managers to set priorities for surveys and removal of invasive species such as B. tectorum. PMID:25695255

  16. Using high-resolution future climate scenarios to forecast Bromus tectorum invasion in Rocky Mountain National Park.

    Directory of Open Access Journals (Sweden)

    Amanda M West

    Full Text Available National Parks are hallmarks of ecosystem preservation in the United States. The introduction of alien invasive plant species threatens protection of these areas. Bromus tectorum L. (commonly called downy brome or cheatgrass, which is found in Rocky Mountain National Park (hereafter, the Park, Colorado, USA, has been implicated in early spring competition with native grasses, decreased soil nitrogen, altered nutrient and hydrologic regimes, and increased fire intensity. We estimated the potential distribution of B. tectorum in the Park based on occurrence records (n = 211, current and future climate, and distance to roads and trails. An ensemble of six future climate scenarios indicated the habitable area of B. tectorum may increase from approximately 5.5% currently to 20.4% of the Park by the year 2050. Using ordination methods we evaluated the climatic space occupied by B. tectorum in the Park and how this space may shift given future climate change. Modeling climate change at a small extent (1,076 km2 and at a fine spatial resolution (90 m is a novel approach in species distribution modeling, and may provide inference for microclimates not captured in coarse-scale models. Maps from our models serve as high-resolution hypotheses that can be improved over time by land managers to set priorities for surveys and removal of invasive species such as B. tectorum.

  17. From local scenarios to national maps: a participatory framework for envisioning the future of Tanzania

    Directory of Open Access Journals (Sweden)

    Claudia Capitani

    2016-09-01

    Full Text Available Tackling societal and environmental challenges requires new approaches that connect top-down global oversight with bottom-up subnational knowledge. We present a novel framework for participatory development of spatially explicit scenarios at national scale that model socioeconomic and environmental dynamics by reconciling local stakeholder perspectives and national spatial data. We illustrate results generated by this approach and evaluate its potential to contribute to a greater understanding of the relationship between development pathways and sustainability. Using the lens of land use and land cover changes, and engaging 240 stakeholders representing subnational (seven forest management zones and the national level, we applied the framework to assess alternative development strategies in the Tanzania mainland to the year 2025, under either a business as usual or a green development scenario. In the business as usual scenario, no productivity gain is expected, cultivated land expands by ~ 2% per year (up to 88,808 km², with large impacts on woodlands and wetlands. Despite legal protection, encroachment of natural forest occurs along reserve borders. Additional wood demand leads to degradation, i.e., loss of tree cover and biomass, up to 80,426 km² of wooded land. The alternative green economy scenario envisages decreasing degradation and deforestation with increasing productivity (+10% and implementation of payment for ecosystem service schemes. In this scenario, cropland expands by 44,132 km² and the additional degradation is limited to 35,778 km². This scenario development framework captures perspectives and knowledge across a diverse range of stakeholders and regions. Although further effort is required to extend its applicability, improve users' equity, and reduce costs the resulting spatial outputs can be used to inform national level planning and policy implementation associated with sustainable development, especially the REDD

  18. Current legal regime for environmental impact assessment in areas beyond national jurisdiction and its future approaches

    International Nuclear Information System (INIS)

    Ma, Deqiang; Fang, Qinhua; Guan, Song

    2016-01-01

    In 2004, the United Nations launched an Ad Hoc Open-ended Informal Working Group to study issues relating to the conservation and sustainable use of marine biological diversity in areas beyond national jurisdiction. Since then, the topic of governing marine areas beyond national jurisdiction (ABNJ) has been widely discussed by politicians, policy makers and scholars. As one of management tools to protect marine biodiversity in ABNJ, environmental impact assessment (EIA) has been widely recognized and accepted by the international community, however, the biggest challenge is how to effectively implement the EIA regime in ABNJ. This paper explores the impacts of anthropogenic activities in ABNJ on marine ecosystems, reviews the existing legal regime for EIA in ABNJ and discusses possible measures to strengthen the implementation of EIA in ABNJ. - Highlights: • We identify human activities in ABNJ and their impacts on marine ecosystems. • We analyze the characters and gaps of the existing legal regime for EIA in ABNJ. • We analyze the pros and cons of alternative approaches of EIA in ABNJ.

  19. A National Plan for Energy Research, Development and Demonstration: Creating Energy Choices for the Future (1976)

    Energy Technology Data Exchange (ETDEWEB)

    Seamans, Jr., Robert C. [Energy Research and Development Administration (ERDA), Washington, DC (United States)

    1976-04-15

    This is the first annual update of the initial report submitted to you in June 1975 (ERDA-48), and complies with the requirements of Section 15 of the Federal Nonnuclear Energy Research and Development Act of 1974. This report represents an evolution in approach over the previous document. ERDA's proposed National Plan has been expanded in scope and depth of coverage and the basic goals and strategy are refined, but remain essentially intact. The Plan summarizes ERDA's current views on the energy technologies the Nation will need to achieve longer-term energy independence, specifically: The paramount role of the private sector in the development and commercialization of new energy technologies is addressed; Conservation (energy efficiency) technologies are singled out for increased attention and are now ranked with several supply technologies as being of the highest priority for national action; The President's 1977 budget requests a large increase - 30% over 1976 - in funding for energy RD&D with particular emphasis on accelerating energy RD&D programs directed at achieving greater long-term energy independence, encouraging cost-sharing with private industry and avoiding the undertaking of RD&D more appropriately the responsibility of the private sector, and supporting the commercial demonstration of synthetic fuel production by providing loan guarantees beginning in FY 76; Federal programs to assist industry in accelerating the market penetration of energy technologies with near-term potential are a key element of the Plan.

  20. Sexual orientation and future parenthood in a 2011-2013 nationally representative United States sample.

    Science.gov (United States)

    Riskind, Rachel G; Tornello, Samantha L

    2017-09-01

    Previous researchers have found evidence for differences in parenting goals between lesbian and gay people and their heterosexual peers. However, no previous research has quantified the parenting goals of bisexual people or evaluated parenting goals as a function of sexual partner gender. In addition, political and social climates for sexual minority people had improved rapidly since the last representative data on lesbian and gay peoples' plans for parenthood were collected. We analyzed data from 3,941 childless lesbian, gay, bisexual, and heterosexual participants from the 2011-2013 National Survey of Family Growth (NSFG; United States Department of Health and Human Services, Centers for Disease Control and Prevention, National Center for Health Statistics, 2014), a nationally representative sample of United States residents aged 15 to 44 years. We found that statistically significant, within-gender sexual orientation differences in parenting plans persist, despite social and legal changes. Consistent with hypotheses, bisexual men's parenting desires and intentions were similar to those of their heterosexual male peers and different from those of their gay male peers, while bisexual women's reports were more mixed. Also consistent with hypotheses, the gender of the most recent sexual partner was a strong predictor of parenting goals. We discuss implications for mental and reproductive health-care providers, attorneys, social workers, and others who interact with sexual minority adults. (PsycINFO Database Record (c) 2017 APA, all rights reserved).

  1. Current legal regime for environmental impact assessment in areas beyond national jurisdiction and its future approaches

    Energy Technology Data Exchange (ETDEWEB)

    Ma, Deqiang [Fujian Provincial Key Laboratory for Coastal Ecology and Environmental Studies, Xiamen University, 361102 (China); Coastal and Ocean Management Institute, Xiamen University, 361102 (China); Fang, Qinhua, E-mail: qhfang@xmu.edu.cn [Fujian Provincial Key Laboratory for Coastal Ecology and Environmental Studies, Xiamen University, 361102 (China); Coastal and Ocean Management Institute, Xiamen University, 361102 (China); Guan, Song [Coastal and Ocean Management Institute, Xiamen University, 361102 (China)

    2016-01-15

    In 2004, the United Nations launched an Ad Hoc Open-ended Informal Working Group to study issues relating to the conservation and sustainable use of marine biological diversity in areas beyond national jurisdiction. Since then, the topic of governing marine areas beyond national jurisdiction (ABNJ) has been widely discussed by politicians, policy makers and scholars. As one of management tools to protect marine biodiversity in ABNJ, environmental impact assessment (EIA) has been widely recognized and accepted by the international community, however, the biggest challenge is how to effectively implement the EIA regime in ABNJ. This paper explores the impacts of anthropogenic activities in ABNJ on marine ecosystems, reviews the existing legal regime for EIA in ABNJ and discusses possible measures to strengthen the implementation of EIA in ABNJ. - Highlights: • We identify human activities in ABNJ and their impacts on marine ecosystems. • We analyze the characters and gaps of the existing legal regime for EIA in ABNJ. • We analyze the pros and cons of alternative approaches of EIA in ABNJ.

  2. Regulatory impact assessment : future of UK's system for holding stocks of oil for use in the event of disruption

    International Nuclear Information System (INIS)

    2007-01-01

    This consultation document focuses on the adaption of the United Kingdom government's system for holding emergency stocks of oil to ensure the compliance with international obligations and security of energy supply objectives. The background to the study is traced, and the rational for government intervention is discussed along with the current system which bases obligations on company sales into final consumption, and the urgent need for a new system. Consultation within government resulting in agreement that the system should continue to be based on company obligations and public consultations are discussed. Potential options are assessed and problems with continuing with the existing system based on company obligations are highlighted

  3. THE ISSUE OF FORMING FUTURE MUSIC TEACHERS’ PROFESSIONAL COMPETENCE BY COMPUTER TECHNOLOGY TOOLS IN THE THEORY OF NATIONAL ART

    Directory of Open Access Journals (Sweden)

    Lyudmila Gavrilova

    2017-04-01

    Full Text Available The article deals with theoretical aspects of forming future music teachers’ professional competence by computer technology tools. The concept of professional competence has become a major criterion of preparing students for professional activities. The issue of the article is relevant as the competence approach has become a basis of implementing computer technologies into future music teachers’ training. The authors give a detailed analysis of implementing computer technologies into musical education. The special attention is paid to using a computer in musical education and making electronic pedagogical resources. The aim of the article is to outline the directions of national art research in the process of implementing computer tools that is one of the most efficient ways of updating process of future music teachers’ training. The article reveals theoretical aspects of forming future music teachers’ professional competence by computer technology tools. The authors point out that implementing musical and computer technologies into music art practice is realized in some directions: using a computer as a new musical instrument in composers, sound engineers, and arrangers’ activities; using a computer for studying the quality of music sound, analysing sounds and music compositions, spectral analysis of acoustic characteristics of singers’ voice; studying ancient music manuscripts due to digital technology; developing hardware and software for music education. A distinct direction of research is the pedagogical aspect of using a computer in music education (music and the use of special software for recording and editing music, the use of multimedia to enhance visibility in education, development of e-learning resources, etc.. The authors conclude that implementing computer technologies into future music teachers’ training makes this process more efficient. In the authors’ opinion the widespread introduction of distance learning

  4. Past and future of the Korean national nuclear energy development program

    International Nuclear Information System (INIS)

    Moon, Joo Hyun

    2012-01-01

    The Korean government promulgated the 4th Comprehensive Nuclear Energy Promotion Plan (CNEPP) in November 2011, which included the objectives and strategies with the overriding priority that the Korean government and nuclear institutes should carry forward to achieve over next 5 years. Since 1997, when the first CNEPP was promulgated, the Korean government has modified and supplemented the CNEPP every 5 years based on an analysis of the outcomes of the previous CNEPP as well as the outlook on the future nuclear energy uses and developments in domestic and foreign countries. This paper reviews the history of the CNEPP and gives a general idea of the 4th CNEPP. (orig.)

  5. Chinese teenagers' concerns about the future: a cross-national comparison

    International Nuclear Information System (INIS)

    Dodds, J.; Lin, C.D.

    1992-01-01

    Teenagers in the U.S., U.S.S.R., Eastern Europe, Western Europe, and New Zealand have consistently rated death of a parent and nuclear war as their greatest concerns about the future. In the present study, however, Chinese teenagers rated overpopulation and environmental pollution as their greatest concerns; these were usually rated quite low by teenagers in other countries. While still of concern to Chinese teenagers, nuclear war seemed more remote to them than it did to U.S. and U.S.S.R. teenagers and therefore more survivable. Speculation is offered as to how teenagers' concerns reflect those of a country's general population

  6. Prospect and policy of palm oil mill effluents for future electricity in east kalimantan (utilization of pome as renewable energy)

    Science.gov (United States)

    Aipassa, M. I.; Kristiningrum, R.; Tarukan, V. Y.

    2018-04-01

    East Kalimantan economy for four decades was mainly based on natural resources extraction and dominated by primary sectorwith the six highest GDP in 2013. But, the contribution of oil and gas were decreasing production due to the absence of new wells.One of the mission was create natural resources and renewable energy based economic people oriented. The Goverment of EK Province chose a strategy of socio-economic transformation based on renewable natural resources. This strategy has been applied in the regional development plan by mainstreaming climate change issues. Data related to energy source and its potential, remote rural electrification, bioenergy feedstock, etc including from the Palm Oil company was collected and subsequently analized in line with the EK Governor Letter. Currently (2014) available of Biogas-Pome as bioenergy feedstock is 162 million m3year-1, where as currently utilized is only 22 millionm3year-1. Power demand supply status in January 2015 indicated as available capacity is 467 MW where the peak demand is 444 MW. About 22% of households without electricity are difficult to be electrified without breakthrough efforts. About 215 thousand households are un-electrified, with more power need about 150 MW in total capacity. As business opportunity, high demand for rural electrification, particularly in Kutai Kartanegera, Kutai Timur, Kutai Barat, Berau and Paser.

  7. Preparing Los Alamos National Laboratory's Waste Management Program for the Future - 12175

    Energy Technology Data Exchange (ETDEWEB)

    Jones, Scotty W.; Dorries, Alison M.; Singledecker, Steven [Los Alamos National Laboratory, PO Box 1663, Los Alamos, NM 87545 (United States); Henckel, George [Los Alamos Site Office, MS-A316, Los Alamos, NM 87544 (United States)

    2012-07-01

    The waste management program at Los Alamos National Laboratory (LANL) is undergoing significant transition to establish a lean highly functioning waste management program that will succeed the large environmental cleanup waste management program. In the coming years, the environmental cleanup activities will be mostly completed and the effort will change to long-term stewardship. What will remain in waste management is a smaller program focused on direct off-site shipping to cost-effectively enable the enduring mission of the laboratory in support of the national nuclear weapons program and fundamental science and research. It is essential that LANL implement a highly functioning efficient waste management program in support of the core missions of the national weapons program and fundamental science and research - and LANL is well on the way to that goal. As LANL continues the transition process, the following concepts have been validated: - Business drivers including the loss of onsite disposal access and completion of major environmental cleanup activities will drive large changes in waste management strategies and program. - A well conceived organizational structure; formal management systems; a customer service attitude; and enthusiastic managers are core to a successful waste management program. - During times of organizational transition, a project management approach to managing change in a complex work place with numerous complex deliverables is successful strategy. - Early and effective engagement with waste generators, especially Project Managers, is critical to successful waste planning. - A well-trained flexible waste management work force is vital. Training plans should include continuous training as a strategy. - A shared fate approach to managing institutional waste decisions, such as the LANL Waste Management Recharge Board is effective. - An efficient WM program benefits greatly from modern technology and innovation in managing waste data and

  8. Economics of Future Growth in Photovoltaics Manufacturing; NREL (National Renewable Energy Laboratory)

    Energy Technology Data Exchange (ETDEWEB)

    Basore, Paul; Chung, Donald; Buonassisi, Tonio

    2015-06-14

    The past decade’s record of growth in the photovoltaic manufacturing industry indicates that global investment in manufacturing capacity for photovoltaic modules tends to increase in proportion to the size of the industry. The slope of this proportionality determines how fast the industry will grow in the future. Two key parameters determine this slope. One is the annual global investment in manufacturing capacity normalized to the manufacturing capacity for the previous year (capacity-normalized capital investment rate, CapIR, units $/W). The other is how much capital investment is required for each watt of annual manufacturing capacity, normalized to the service life of the assets (capacity-normalized capital demand rate, CapDR, units $/W). If these two parameters remain unchanged from the values they have held for the past few years, global manufacturing capacity will peak in the next few years and then decline. However, it only takes a small improvement in CapIR to ensure future growth in photovoltaics. Any accompanying improvement in CapDR will accelerate that growth.

  9. A discussion: the future role of homeopathy in the National Health Service (NHS).

    Science.gov (United States)

    Ng, Daniel Yu-Hin

    2011-07-01

    Homeopathy has been provided by the National Health Service in the UK for over 60 years, funded largely by taxpayer's money. However, in recent years, its provision has come under much criticism questioning its true value. Taking a neutral stance, arguments both for and against the provision of homeopathy on the NHS is presented. It includes issues such as the evidence and safety profile of homeopathy, but also takes into account costs and benefits of homeopathy in a wider perspective. Overall, the provision of homeopathy is justified as long as there is a need within the population, occupying a complementary role alongside conventional medicine. Copyright © 2011 Elsevier Ltd. All rights reserved.

  10. Building a future : First Nations communities look to oilsands developers for jobs, business partnerships, and much more

    Energy Technology Data Exchange (ETDEWEB)

    Stonehouse, D.

    2009-02-15

    This article reported on socio-economic factors related to the expansion of oilsands development in northeastern Alberta. Despite massive investment into the region, local First Nations communities continue to struggle economically. Living conditions on reserves are substandard, education is below provincial levels and unemployment remains high. In 1998, First Nations communities formed the Athabasca Tribal Council (ATC)Industry Agreement Group to build capacity in the 5 First Nations making up the ATC to deal with the challenges of oilsands development. In 2003, a new agreement was initiated in which central economic development efforts were decentralized, allowing money to be spent at the band level. Industry relations offices were set up in each community to consult with industry and identify areas of concern. The broad issues were reducing unemployment on reserves and the social side of capacity building. The 5 Athabasca First Nations are currently working to develop entrepreneurship in the communities through the ATC's Economic Development department. They are in a good position to get money in place to ensure the future sustainability of their communities. 3 figs.

  11. An application of multiple criteria decision-making techniques for ranking different national Iranian oil refining and distribution companies

    Directory of Open Access Journals (Sweden)

    Ibrahim Nazari

    2012-10-01

    Full Text Available Performance measurement plays an essential role on management of governmental agencies especially when profitability is not the primary concern and we need to consider other important factors than profitability such as customer satisfaction, etc. In this paper, we propose a multi-criteria decision making method to rank different national Iranian oil refining and distribution companies. The proposed study of this paper uses six factors including per capita supply, energy cost, physical productivity of labor, staff participation, quality control inspection of stations and education per capita. The proposed study uses Entropy to find the relative importance of each criterion and TOPSIS to rank 37 alternatives based on cities and three regions. The results of the implementation of our method indicate that central regions close to capital city of the country maintains the highest ranking (0.9122 while southern regions maintains the lowest comes in the lowest priority (0.0569 and the northern region is in the middle (0.7635.

  12. Adapting fire management to future fire regimes: impacts on boreal forest composition and carbon balance in Canadian National Parks

    Science.gov (United States)

    de Groot, W. J.; Flannigan, M. D.; Cantin, A.

    2009-04-01

    The effects of future fire regimes altered by climate change, and fire management in adaptation to climate change were studied in the boreal forest region of western Canada. Present (1975-90) and future (2080-2100) fire regimes were simulated for several National Parks using data from the Canadian (CGCM1) and Hadley (HadCM3) Global Climate Models (GCM) in separate simulation scenarios. The long-term effects of the different fire regimes on forests were simulated using a stand-level, boreal fire effects model (BORFIRE). Changes in forest composition and biomass storage due to future altered fire regimes were determined by comparing current and future simulation results. This was used to assess the ecological impact of altered fire regimes on boreal forests, and the future role of these forests as carbon sinks or sources. Additional future simulations were run using adapted fire management strategies, including increased fire suppression and the use of prescribed fire to meet fire cycle objectives. Future forest composition, carbon storage and emissions under current and adapted fire management strategies were also compared to determine the impact of various future fire management options. Both of the GCM's showed more severe burning conditions under future fire regimes. This includes fires with higher intensity, greater depth of burn, greater total fuel consumption and shorter fire cycles (or higher rates of annual area burned). The Canadian GCM indicated burning conditions more severe than the Hadley GCM. Shorter fire cycles of future fire regimes generally favoured aspen, birch, and jack pine because it provided more frequent regeneration opportunity for these pioneer species. Black spruce was only minimally influenced by future fire regimes, although white spruce declined sharply. Maintaining representation of pure and mixed white spruce ecosystems in natural areas will be a concern under future fire regimes. Active fire suppression is required in these areas. In

  13. Development of a database system for near-future climate change projections under the Japanese National Project SI-CAT

    Science.gov (United States)

    Nakagawa, Y.; Kawahara, S.; Araki, F.; Matsuoka, D.; Ishikawa, Y.; Fujita, M.; Sugimoto, S.; Okada, Y.; Kawazoe, S.; Watanabe, S.; Ishii, M.; Mizuta, R.; Murata, A.; Kawase, H.

    2017-12-01

    Analyses of large ensemble data are quite useful in order to produce probabilistic effect projection of climate change. Ensemble data of "+2K future climate simulations" are currently produced by Japanese national project "Social Implementation Program on Climate Change Adaptation Technology (SI-CAT)" as a part of a database for Policy Decision making for Future climate change (d4PDF; Mizuta et al. 2016) produced by Program for Risk Information on Climate Change. Those data consist of global warming simulations and regional downscaling simulations. Considering that those data volumes are too large (a few petabyte) to download to a local computer of users, a user-friendly system is required to search and download data which satisfy requests of the users. We develop "a database system for near-future climate change projections" for providing functions to find necessary data for the users under SI-CAT. The database system for near-future climate change projections mainly consists of a relational database, a data download function and user interface. The relational database using PostgreSQL is a key function among them. Temporally and spatially compressed data are registered on the relational database. As a first step, we develop the relational database for precipitation, temperature and track data of typhoon according to requests by SI-CAT members. The data download function using Open-source Project for a Network Data Access Protocol (OPeNDAP) provides a function to download temporally and spatially extracted data based on search results obtained by the relational database. We also develop the web-based user interface for using the relational database and the data download function. A prototype of the database system for near-future climate change projections are currently in operational test on our local server. The database system for near-future climate change projections will be released on Data Integration and Analysis System Program (DIAS) in fiscal year 2017

  14. China Oil and Gas Market Assessment

    International Nuclear Information System (INIS)

    Qiu, Yu

    2004-08-01

    China, with one-fifth of the world's population and one of the fastest rates of economic growth, is experiencing a boom in its energy requirements. China has been identified as a high priority market for the oil and gas sector. This priority has resulted in the high level of investment and many large-scale projects related to the oil and gas industry. Oil production from existing fields is expected to increase, new oil and gas fields will be developed, and the country's oil and gas transmission infrastructure will be extended to meet domestic demands. In addition, total domestic investment needs for the next three decades till 2030 are estimated at around $119 billion, and upstream exploration and development will account for about $69 billion. China's oil and gas exploitation business has been the biggest beneficiary of the bearish crude oil prices, national oil stockpile and the need of infrastructure. In the first six-month period of 2005, this industry has gained a profit of USD16.5 billion, up 73.4 per cent year-on-year. The country is becoming increasingly open to international oil companies, contractors and equipment suppliers, who can bring advanced technology, equipment, and management experience. In this context, considerable opportunities in the supply and service sectors are open to Dutch companies. This report analyses the present situation and market prospect of China upstream oil and gas industry, including: Current status of Chinese oil and gas industry analysis and future development forecast; Potential customers analysis, such as three stated-owned oil companies and their foreign partners;Domestic and foreign competitors analysis; Potential opportunities and challenges analysis; Providing contacts and information on main ongoing oil exploration and development projects, and business practices

  15. Le futur prix de l'énergie : faut-il orienter les prix du pétrole vers la hausse? The Future Price of Energy. Should Oil Prices Be Allowed to Driff Upwards?

    Directory of Open Access Journals (Sweden)

    Desprairies P.

    2006-11-01

    Full Text Available II est à peu près universellement admis que les prix du pétrole vont augmenter d'ici la fin du siècle, du fait de l'épuisement des ressources de pétrole conventionnel à bon marché. L'évolution souhaitable des prix et leur niveau futur font par contre l'objet d'opinions variées. L'analyse du problème ne fait pas apparaître de raisons d'une hausse immédiate des prix au pétrole brut, ni de leur alignement à échéance rapide sur le prix des pétroles non-conventionnels les plus chers. Dans les prochaines années c'est l'offre et la demande de pétrole conventionnel qui commanderont les prix du pétrole, c'est-à-dire, le rythme d'investissements dans le pétrole conventionnel, le charbon, et l'électricité nucléaire. La hausse en prix constants peut difficilement reprendre avant qu'aient disparu les surplus de capacité de production, c'est-à-dire guère avant 1983/1985 si la croissance économique et l'offre de pétrole continuent d'évoluer aux allures actuellement prévisibles. Si l'on est tenté d'évaluer aux alentours du prix de vente actuel majoré de 50 %, soit une vingtaine de dollars (1978 le prix à long terme du pétrole, c'est beaucoup plus par référence aux souhaits supposés des pays producteurs et au pouvoir d'achat des pays acheteurs qu'au coct de production du pétrole non-conventionnel. Il est aujourd'hui peu probable que le dialogue entre pays exportateurs et acheteurs de pétrole, point de départ d'une hausse programmée des prix, se noue avant qu'une crise d'approvisionnements plus ou moins sévère n'ait rendu manifeste la nécessité d'un tel dialogue. It is almost universolly accepted that oil prices will rise between now and the end of the century on account of the depletion of cheop conventional oil resources. The evolution to be desired for prices and their future level, on the other hand, is the subiect of differing opinions. An onalysis of the problem does not reveal any raasons for an immediate

  16. [Achievement and Future Direction of the PEACE Project - A National Education Project for Palliative Care Education].

    Science.gov (United States)

    Kizawa, Yoshiyuki; Yamamoto, Ryo

    2017-07-01

    Although palliative care is assuming an increasingly important role in patient care, most physicians did not learn to provide palliative care during their medical training. To address these serious deficiencies in physician training in palliative care, government decided to provide basic palliative education program for all practicing cancer doctors as a national policy namely Palliative care Emphasis program on symptom management and Assessment for Continuous medical Education(PEACE). The program was 2-days workshop based on adult learning theory and focusing on symptom management and communication. In this 9 years, 4,888 educational workshop has been held, and 93,250 physicians were trained. In prospective observational study, both knowledges and difficulties practicing palliative care were significantly improved. In 2017, the new palliative care education program will be launched including combined program of e-learning and workshop to provide tailor made education based on learner's readiness and educational needs in palliative care.

  17. Updated Hubbert curves analyze world oil supply

    International Nuclear Information System (INIS)

    Ivanhoe, L.F.

    1996-01-01

    The question is not whether, but when, world crude oil production will start to decline, ushering in the permanent oil shock era. While global information for predicting this event is not so straightforward as the data M. King Hubbert used in creating his famous Hubbert Curve that predicted the US (Lower 48 states, or US/48) 1970 oil production peak, there are strong indications that most of the world's large exploration targets have now been found. Meanwhile, the earth's population is exploding along with the oil needs of Asia's developing nations. This article reviews Hubbert's original analyses on oil discovery and production curves for the US/48 and projects his proven methodology onto global oil discoveries and production as of 1992. The world's oil discovery curve peaked in 1962, and thence declined, as a Hubbert Curve predicts. However, global production was restricted after the 1973 Arab oil embargo. Otherwise, world production would have peaked in the mid-1990s. Two graphs show alternate versions of future global oil production

  18. CONTAGIOUS EFFECTS OF OIL PRICES ON ASIAN STOCK MARKETS’ BEHAVIOUR

    Directory of Open Access Journals (Sweden)

    Jok-Tong Wan

    2016-05-01

    Full Text Available The main objective of this study is to examine the stock markets’ shock due to the effect of the price of oil in the East Asia Region. Particularly, this study examines if there is stock market interdependence during global oil price shocks (sudden changes for a sample of five total oil importers (the Philippines, Hong Kong SAR, Taiwan, South Korea, and Japan, four net oil importers (Indonesia, Singapore, Thailand, and China, and one net oil exporter (Malaysia between 1999 and 2014. From the result, an oil price change is collectively found to have a small but significant positive impact on the stock markets, in particular where a sudden decrease in oil prices tends to cause a stock market downturn and volatility. The world economy’s spending, financial investments in oil futures and foreign investment by oil rich nations are some underlying motives for inducing this oil-stock positive relation. The same direction of time-varying conditional correlations is found across East Asian stock markets during negative oil price shocks. The integration among East Asian stock markets is inducing the oil shock contagion to be transmitted from direct oil-affected countries (South Korea, Hong Kong, and Singapore to non-direct oil affected countries’ (Japan and Taiwan stock markets. In spite of a long practiced ASEAN+3 macroeconomics surveillance process and Early Warning System (EWS which can be customized for stock markets to prevent or detect the oil risk, hedging against initial oil-affected stock markets and a stronger influence by the East Asian countries in the global world of oil and capital investment are strongly suggested.

  19. Future development

    International Nuclear Information System (INIS)

    Zavitz, J.; Hetherington, C.

    1997-01-01

    Issues regarding future development by oil and gas companies in Canada's Arctic and the Beaufort Sea were discussed. It was suggested in the Berger report that Northern development should be under the control of the people whose lives and economy are being changed. Aboriginal people are now much more sophisticated politically, and have a better understanding of what is involved. Most of them would like the financial benefits from development, but the development would have to be on their terms. Most people involved with Arctic oil exploration feel that there is enough oil in the Arctic to warrant production. (Reserves in the Beaufort Sea are estimated at two billion barrels of good quality oil). If development were to continue, there exist two methods of transportation to move the oil to market. Gulf, Imperial Oil and Panarctic favour the use of pipelines, whereas Dome Petroleum Ltd. favours the use of ice-breaking tankers. In each case the favored option seems to depend upon the location of the company's leases, the capital and operating costs, and the potential environmental impacts. Undoubtedly, any future development will be guided by the scientific information and technical expertise of oil industry pioneers of the 1960s and the 1970s, and the wisdom gained from the experiences of the many participants whose views and insights are recorded in this book

  20. Quantifying the effects of oil shocks on long-term public debt: A review of empirical data and a scenario analysis of future projections

    Science.gov (United States)

    McMichael, Jillian Taylor

    Various authors have shown that each oil shock in the past 40 years has had statistically significant impacts on subsequent macroeconomic activity in the United States. Through these economic effects, oil shocks affect Federal revenues and expenditures and hence public debt. Published Federal budget scenarios do not currently reflect these impacts of oil shocks. I synthesize, in this paper, literature quantifying the impact of oil price increases on GDP growth and use that information to modify current long-term Federal budget models to present scenarios of how oil shocks are likely to affect long-term Federal debt. I argue that modeling the impact of oil price increases on long-term public debt could inform public policies, particularly those relating to Federal investments in energy conservation. Key Words: crude oil, oil shock, oil price spike, oil shock, Federal debt, debt projections, Congressional Budget Office

  1. Job satisfaction and perceived future roles of Malaysian dental therapists: findings from a national survey.

    Science.gov (United States)

    Abu Bakar, A; Mohd Nor, N A; Ab-Murat, N; Jaafar, N

    2015-08-01

    To assess Malaysian dental therapists' perceptions of their job satisfaction and future roles. A nationwide postal survey involving all Malaysian dental therapists who met the inclusion criteria (n = 1726). The response rate was 76.8%. All respondents were females; mean age 35.4 years (SD = 8.4). Majority were married (85.5%) and more than one-half had a working experience of income (45.2%), allowances (45.2%) and non-commensurate between pay and performance (44.0%). Majority perceived their role as very important in routine clinical tasks such as examination and diagnosis, preventive treatment, extraction of deciduous teeth and oral health promotion. However, fewer than one-half consider complex treatment such as placement of preformed crowns on deciduous teeth (37.1%) and extraction of permanent teeth (37.2%) as very important tasks. Majority expressed high career satisfaction with most aspects of their employment but expressed low satisfaction in remuneration, lack of career advancement opportunities and administrative tasks. We conclude that most Malaysian dental therapists have positive perceptions of their current roles but do not favour wider expansion of their roles. These findings imply that there was a need to develop a more attractive career pathway for therapists to ensure sustainability of effective primary oral healthcare delivery system for Malaysia's children. © 2014 John Wiley & Sons A/S. Published by John Wiley & Sons Ltd.

  2. The Hellenic National Tsunami Warning Centre (HL-NTWC): Recent updates and future developments

    Science.gov (United States)

    Melis, Nikolaos S.; Charalampakis, Marinos

    2014-05-01

    The Hellenic NTWC (HL-NTWC) was established officially by Greek Law in September 2010. HL-NTWC is hosted at the National Observatory of Athens, Institute of Geodynamics (NOA-IG), which also operates a 24/7 earthquake monitoring service in Greece and coordinates the newly established Hellenic Unified National Seismic Network. NOA-IG and HL-NTWC Operational Centre is linked to the Civil Protection Operational Centre and serves as the official alerting agency to the General Secretariat for Civil Protection in Greece, regarding earthquake events and tsunami watch. Since August 2012, HL-NTWC acts as Candidate Tsunami Watch Provider (CTWP) under the UNESCO IOC - ICG NEAMTWS tsunami warning system (NEAM: North-Eastern Atlantic, the Mediterranean and connected seas) and offers its services to the NEAMTWS system. HL-NTWC has participated in all Communication Test Exercises (CTE) under NEAMTWS and also it has provided tsunami scenarios for extended system testing exercises such as NEAMWAVE12. Some of the recent developments at HL-NTWC in Greece include: deployment of new tide gauge stations for tsunami watch purposes, computation of tsunami scenarios and extending the database in use, improving alerting response times, earthquake magnitude estimation and testing newly established software modules for tsunami and earthquake alerting (i.e. Early-Est, SeisComP3 etc.) in Greece and the Eastern Mediterranean. Although funding today is limited, an advantage of the participation in important EC funded research projects, i.e. NERIES, NERA, TRANSFER, NEAMTIC and ASTARTE, demonstrates that collaboration of top class Research Institutions that care to produce important and useful results in the research front in Europe, can facilitate towards developing and operating top class Operational Centers, useful for Civil Protection purposes in regions in need. Last, it is demonstrated that HL-NTWC collaboration with important key role Research Centers in the Security and Safety issues (e

  3. Future land use and concerns about the Idaho National Engineering and Environmental Laboratory: A survey of urban dwellers

    International Nuclear Information System (INIS)

    Burger, J.; Roush, D.; Wartenberg, D.; Gochfeld, M.

    1999-01-01

    The authors examined environmental concerns and future land-use preferences of 487 people attending the Boise River Festival in Boise, Idaho, USA, about the Idaho National Engineering and Environmental Laboratory (NEEL), owned by the US Department of Energy (DOE). They were particularly interested in the perceptions of urban dwellers living at some distance from the facility, since attitudes and perceptions are usually examined for people living near such facilities. More than 50% of the people were most worried about contamination and about waste storage and transport, another 23% were concerned about human health and accidents and spills, and the rest listed other concerns such as jobs and the economy of education. When given a list of possible concerns, accidents and spills, storage of current nuclear materials, and storage of additional nuclear materials were rated the highest. Thus both open-ended and structured questions identified nuclear storage and accidents and spills as the most important concerns, even for people living far from a DOE site. The highest rated future land used were National Environmental Research Park, recreation, and returning the land to the Shoshone-Bannock tribes; the lowest rated future land uses were homes and increased nuclear waste storage. These relative rankings are similar to those obtained for other Idahoans living closer to the site and for the people living near the Savannah River Site. The concern expressed about accidents and spills and waste storage translated into a desire not to see additional waste brought to INEEL and a low rating for using INEEL for building homes

  4. The UAE healthy future study: a pilot for a prospective cohort study of 20,000 United Arab Emirates nationals.

    Science.gov (United States)

    Abdulle, Abdishakur; Alnaeemi, Abdullah; Aljunaibi, Abdullah; Al Ali, Abdulrahman; Al Saedi, Khaled; Al Zaabi, Eiman; Oumeziane, Naima; Al Bastaki, Marina; Al-Houqani, Mohammed; Al Maskari, Fatma; Al Dhaheri, Ayesha; Shah, Syed M; Loney, Tom; El-Sadig, Mohamed; Oulhaj, Abderrahim; Wareth, Leila Abdel; Al Mahmeed, Wael; Alsafar, Habiba; Hirsch, Benjamin; Al Anouti, Fatme; Yaaqoub, Jamila; Inman, Claire K; Al Hamiz, Aisha; Al Hosani, Ayesha; Haji, Muna; Alsharid, Teeb; Al Zaabi, Thekra; Al Maisary, Fatima; Galani, Divya; Sprosen, Tim; El Shahawy, Omar; Ahn, Jiyoung; Kirchhoff, Tomas; Ramasamy, Ravichandran; Schmidt, Ann Marie; Hayes, Richard; Sherman, Scott; Ali, Raghib

    2018-01-05

    The United Arab Emirates (UAE) is faced with a rapidly increasing burden of non-communicable diseases including obesity, diabetes, and cardiovascular disease. The UAE Healthy Future study is a prospective cohort designed to identify associations between risk factors and these diseases amongst Emiratis. The study will enroll 20,000 UAE nationals aged ≥18 years. Environmental and genetic risk factors will be characterized and participants will be followed for future disease events. As this was the first time a prospective cohort study was being planned in the UAE, a pilot study was conducted in 2015 with the primary aim of establishing the feasibility of conducting the study. Other objectives were to evaluate the implementation of the main study protocols, and to build adequate capacity to conduct advanced clinical laboratory analyses. Seven hundred sixty nine UAE nationals aged ≥18 years were invited to participate voluntarily in the pilot study. Participants signed an informed consent, completed a detailed questionnaire, provided random blood, urine, and mouthwash samples and were assessed for a series of clinical measures. All specimens were transported to the New York University Abu Dhabi laboratories where samples were processed and analyzed for routine chemistry and hematology. Plasma, serum, and a small whole blood sample for DNA extraction were aliquoted and stored at -80 °C for future analyses. Overall, 517 Emirati men and women agreed to participate (68% response rate). Of the total participants, 495 (95.0%), 430 (82.2%), and 492 (94.4%), completed the questionnaire, physical measurements, and provided biological samples, respectively. The pilot study demonstrated the feasibility of recruitment and completion of the study protocols for the first large-scale cohort study designed to identify emerging risk factors for the major non-communicable diseases in the region.

  5. The National Fund of the Republic of Kazakhstan (NFRK): From accumulation to stress-test to global future

    Energy Technology Data Exchange (ETDEWEB)

    Kalyuzhnova, Yelena, E-mail: y.kaluyzhnova@reading.ac.uk [Centre for Euro Asian Studies, University of Reading, P.O. Box 218, Whiteknights, Reading RG6 6AA (United Kingdom)

    2011-10-15

    Sovereign Wealth Funds (SWF) have different titles, goals and rules, but they share the underlying objective of helping governments deal with the problems created by large and variable revenues (mainly from energy or other commodity related sectors). In Kazakhstan, such a fund (the National Fund of the Republic of Kazakhstan (NFRK)) was established in 2000. This fund operates as both a stabilisation and a savings fund. The first test for the NFRK was 2007-2009 financial crisis, where the NFRK 'saved' the economy and guarantied its speedy recovery. The paper analyses the NFRK's operation up to 2007 and during the crisis years 2007-9, before drawing conclusions and implications for the future. Between 2001 and 2007 the NFRK conservatively accumulated assets, which proved to be useful in limiting the impact of the post-2007 crisis. However, the pre-2007 experience indicated structural weaknesses associated with discretionary executive authority and non-transparency. The paper concludes by observing that this history has created significant challenges for the future. - Highlights: > Expenditures of resource revenues should be consistent with the government's long-term plan to save for the future. > A system of indicators for the non-resource deficit is required. > Domestic investment provides more stability and economic resilience. > A transparent and accountable governance structure of the NFRK is required.

  6. The National Fund of the Republic of Kazakhstan (NFRK): From accumulation to stress-test to global future

    International Nuclear Information System (INIS)

    Kalyuzhnova, Yelena

    2011-01-01

    Sovereign Wealth Funds (SWF) have different titles, goals and rules, but they share the underlying objective of helping governments deal with the problems created by large and variable revenues (mainly from energy or other commodity related sectors). In Kazakhstan, such a fund (the National Fund of the Republic of Kazakhstan (NFRK)) was established in 2000. This fund operates as both a stabilisation and a savings fund. The first test for the NFRK was 2007-2009 financial crisis, where the NFRK 'saved' the economy and guarantied its speedy recovery. The paper analyses the NFRK's operation up to 2007 and during the crisis years 2007-9, before drawing conclusions and implications for the future. Between 2001 and 2007 the NFRK conservatively accumulated assets, which proved to be useful in limiting the impact of the post-2007 crisis. However, the pre-2007 experience indicated structural weaknesses associated with discretionary executive authority and non-transparency. The paper concludes by observing that this history has created significant challenges for the future. - Highlights: → Expenditures of resource revenues should be consistent with the government's long-term plan to save for the future. → A system of indicators for the non-resource deficit is required. → Domestic investment provides more stability and economic resilience. → A transparent and accountable governance structure of the NFRK is required.

  7. What are the priorities for future success in critical care research in the UK? Report from a national stakeholder meeting.

    Science.gov (United States)

    Walsh, Tim; Brett, Stephen J

    2015-11-01

    Critical care in the United Kingdom is now well-established in terms of professional status, standards of clinical practice and training, and national audit through professional bodies and government representation. Research is fundamental to the further development and maturation of the specialty, to develop new therapies and technologies, more efficient and effective service organisation, and to improve patient and family experience and outcomes. Critical care research has expanded rapidly in the UK, and now has established organisations and infrastructure to share and develop ideas, through the UK Critical Care Research Forum and similar meetings. In September 2014, the Intensive Care Foundation and Critical Care Leadership Forum hosted a research colloquium to reflect, in part, on achievements, but more importantly plan for the future. With an invited list of participants the meeting explored firstly - the practical delivery of clinical research and secondly - the future financing landscape, from both academic funders' and commercial developers' perspectives. The following article summarises the important 'take home' messages from this meeting and suggests key issues for future strategy.

  8. PROMINP (Program of Mobilization of the National Industry of Oil and Natural Gas): synergy in the national industry; PROMINP (Programa de Mobilizacao da Industria Nacional de Petroleo e Gas Natural): sinergia na industria nacional

    Energy Technology Data Exchange (ETDEWEB)

    Almeida, Jose Renato Ferreira de; Campos, Michel Fabianski; Lopesm Ronaldo Rangel; Lisboa, Vitor Manuel dos Santos [PETROBRAS S.A., Rio de Janeiro, RJ (Brazil)

    2008-07-01

    The Federal Government identified, from the forecast of massive investments in the sector of oil and natural gas in the next years, that it was establishing a favorable environment to foment the participation of the national industry of goods and services, in competitive and sustainable bases, in the implantation of projects of oil and gas in Brazil. Thus, in 2003, it was born the Program of Mobilization of the National Industry of Oil and Natural Gas - PROMINP. From an ample diagnosis of the necessary critical resources, throughout the time, for the implementation of the planned projects, the PROMINP identifies the gaps related to the professional qualification, industrial infrastructure and supply of materials and equipment, and, to surpass these challenges, it has lead, in these five years of existence, an expressive set of action for each one of the cited sources, of form to assure the competitiveness of the Industry of Supply of Goods and services and the support of this process. Such actions are elaborated and developed of joint form it enters all the participants of the chain. Since the creation of the PROMINP, the participation of the national industry (Local Content) in the investments of the sector increased of 57% in 2003 for 75% in 2007, what it means a US$ addition 8,3 billion orders of goods and services in the national market and generated more than 390 thousand new jobs. (author)

  9. Effects of future space vehicle operations on a single day in the National Airspace System : a fast-time computer simulation.

    Science.gov (United States)

    2015-04-01

    This document describes the objectives, methods, analyses, and results of a study used to quantify the effects of future space operations : on the National Airspace System (NAS), and to demonstrate the possible benefits of one proposed strategy to mi...

  10. Current and future health physics research at Lawrence Livermore National Laboratory

    International Nuclear Information System (INIS)

    Hickman, D.P.

    1993-01-01

    Lawrence Livermore National Laboratory has developed several radiation protection instruments and continues to pursue new approaches in this area. Some of the instruments developed include innovative air-monitoring systems; neutron detection and dosimetry systems; specialized calibration materials and structures, such as the LLNL Realistic Torso Phantom; a fast-response detector system to detect stray beams from x-ray fluorescence devices that can be manufactured for less than $600; and a reliable, light weight personnel air-monitoring system that can be incorporated into a security badge/dosimeter package. A multi-disciplinary team of experts at LLNL is developing and testing cleanable/reusable high-efficiency particulate air-filtration systems and highly sensitive instrumentation for differentiating transuranic waste from nontransuranic waste; developing an advanced detector and circuit design for a hand-held neutron spectrometer; developing techniques for detecting neutron sources using CR-39 and for calibrating in-vivo measurement equipment using Magnetic Resonance Imaging and Monte Carlo simulation; and developing a seamless bottle mannequin adsorption (BOMAB) phantom with recessed fill caps, which have no potential for leakage of liquid sources used for calibrating whole-body counters

  11. Assessment of undiscovered oil and gas resources in the Cretaceous Nanushuk and Torok Formations, Alaska North Slope, and summary of resource potential of the National Petroleum Reserve in Alaska, 2017

    Science.gov (United States)

    Houseknecht, David W.; Lease, Richard O.; Schenk, Christopher J.; Mercier, Tracey J.; Rouse, William A.; Jarboe, Palma B.; Whidden, Katherine J.; Garrity, Christopher P.; Lewis, Kristen A.; Heller, Samuel; Craddock, William H.; Klett, Timothy R.; Le, Phuong A.; Smith, Rebecca; Tennyson, Marilyn E.; Gaswirth, Stephanie B.; Woodall, Cheryl A.; Brownfield, Michael E.; Leathers-Miller, Heidi M.; Finn, Thomas M.

    2017-12-22

    The U.S. Geological Survey estimated mean undiscovered, technically recoverable resources of 8.7 billion barrels of oil and 25 trillion cubic feet of natural gas (associated and nonassociated) in conventional accumulations in the Cretaceous Nanushuk and Torok Formations in the National Petroleum Reserve in Alaska, adjacent State and Native lands, and State waters. The estimated undiscovered oil resources in the Nanushuk and Torok Formations are significantly higher than previous estimates, owing primarily to recent, larger than anticipated oil discoveries.

  12. 77 FR 23399 - National Emission Standards for Hazardous Air Pollutants From Coal- and Oil-Fired Electric...

    Science.gov (United States)

    2012-04-19

    ... consistent with other rule text. 28. The definitions of ``Non-mercury (Hg) HAP metals'' and ``Oil'' in...-mercury (Hg) HAP metals'' and add the definition ``Oil'' to read as follows: Sec. 63.10042 What definitions apply to this subpart? * * * * * Non-mercury (Hg) HAP metals means Antimony (Sb), Arsenic (As...

  13. Between prophecies and prognoses: Januário da Cunha Barbosa, slavery, and the future of the nation (1830-1836)

    OpenAIRE

    Ferretti,Danilo José Zioni

    2014-01-01

    This article aims at understanding the role played by the discussions about slavery and slave trafficking in the literate culture of Brazil in the 19th century, especially regarding the forms of figuring out the future of the nation. The way Canon Januário da Cunha Barbosa, an important politician and an illustrated intellectual, related projections of the future of the nation and treated the slavery issue (from 1830 to 1836) is analyzed. We discuss the use of projection modalities: prophecy ...

  14. Towards a United Nations consensus on the effects of the accident and the future. Opening speech

    International Nuclear Information System (INIS)

    Danzon, M.

    2005-01-01

    The health study by WHO provides the number of deaths, thyroid cancer cases, leukaemia and other diseases which are attributable to the radiation released at the time of the accident. These numbers shed light on the extent of human suffering and death that this environmental catastrophe has had on people. It has been argued that the health impact is much lower that predicted in earlier years. While this is true, we should not convey the message that then the health consequences of Chernobyl have been mild or acceptable. These thousands of deaths and cancers are in any case an unacceptable price paid by these communities to economic development. On top of these deaths and illnesses, the largest quantitative impact on health of the Chernobyl accident in terms of number of people affected is on mental health. Exposed populations have anxiety levels that were twice as high as controls and they were 3-4 times more likely to report multiple unexplained physical symptoms and subjective poor health than were unaffected control groups. Overall mental health problems manifest as negative self assessment of health, belief in a shortened life expectancy, lack of initiative, and dependency on assistance from the state. The report attributes this problems to a lack of accurate information at the time of the accident and afterwards. This level of psychosocial impact was unexpected. The Chernobyl accident has been perhaps the first case showing to this extent the importance of public communication on public health risk management not only for ethical and political reasons, but also as an instrument to prevent public concerns, health effects, and long term expensive studies. In the recent years several health crises were amplified or even caused by a wrong or dramatised perception of risk, often associated to lack of confidence in national and local authorities. Chernobyl has shown us how dramatic and how large this impact can be on the health, social and community welfare. Recent

  15. Future management of hazardous wastes generated at Brookhaven National Laboratory, Upton, New York. Environmental assessment

    International Nuclear Information System (INIS)

    1994-09-01

    This document assesses the potential environmental impacts of a variety of alternatives which could provide a Resource Conservation and Recovery Act (RCRA) permitted waste packaging and storage facility that would handle all hazardous, radioactive, and mixed wastes generated at Brookhaven National Laboratory (BNL) and would operate in full compliance with all federal, state, and local laws and regulations. Location of the existing Hazardous Waste Management Facility (HWMF) with respect to ground water and the site boundary, technical and capacity limitations, inadequate utilities, and required remediation of the area make the existing facility environmentally unacceptable for long term continued use. This Environmental Assessment (EA) describes the need for action by the Department of Energy (DOE). It evaluates the alternatives for fulfilling that need, including the alternative preferred by DOE, a no-action alternative, and other reasonable alternatives. The EA provides a general description of BNL and the existing environment at the current HWMF and alternative locations considered for a new Waste Management Facility (WMF). Finally, the EA describes the potential environmental impacts of the alternatives considered. The preferred alternative, also identified as Alternative D, would be to construct and operate a new WMF on land formerly occupied by barracks during Camp Upton operations, in an area north of Building 830 and the High Flux Beam Reactor/Alternating Gradient Synchrotron (AGS) recharge basins, east of North Railroad Street, and south of East Fifth Avenue. The purpose of this new facility would be to move all storage and transfer activities inside buildings and on paved and curbed areas, consolidate facilities to improve operations management, and provide improved protection of the environment

  16. Future frequencies of extreme weather events in the National Wildlife Refuges of the conterminous U.S.

    Science.gov (United States)

    Martinuzzi, Sebastian; Allstadt, Andrew J.; Bateman, Brooke L.; Heglund, Patricia J.; Pidgeon, Anna M.; Thogmartin, Wayne E.; Vavrus, Stephen J.; Radeloff, Volker C.

    2016-01-01

    Climate change is a major challenge for managers of protected areas world-wide, and managers need information about future climate conditions within protected areas. Prior studies of climate change effects in protected areas have largely focused on average climatic conditions. However, extreme weather may have stronger effects on wildlife populations and habitats than changes in averages. Our goal was to quantify future changes in the frequency of extreme heat, drought, and false springs, during the avian breeding season, in 415 National Wildlife Refuges in the conterminous United States. We analyzed spatially detailed data on extreme weather frequencies during the historical period (1950–2005) and under different scenarios of future climate change by mid- and late-21st century. We found that all wildlife refuges will likely experience substantial changes in the frequencies of extreme weather, but the types of projected changes differed among refuges. Extreme heat is projected to increase dramatically in all wildlife refuges, whereas changes in droughts and false springs are projected to increase or decrease on a regional basis. Half of all wildlife refuges are projected to see increases in frequency (> 20% higher than the current rate) in at least two types of weather extremes by mid-century. Wildlife refuges in the Southwest and Pacific Southwest are projected to exhibit the fastest rates of change, and may deserve extra attention. Climate change adaptation strategies in protected areas, such as the U.S. wildlife refuges, may need to seriously consider future changes in extreme weather, including the considerable spatial variation of these changes.

  17. Saving oil in a hurry

    Energy Technology Data Exchange (ETDEWEB)

    none

    2005-07-01

    During 2004, oil prices reached levels unprecedented in recent years. Though world oil markets remain adequately supplied, high oil prices do reflect increasingly uncertain conditions. Many IEA member countries and non-member countries alike are looking for ways to improve their capability to handle market volatility and possible supply disruptions in the future. This book aims to provide assistance. It provides a new, quantitative assessment of the potential oil savings and costs of rapid oil demand restraint measures for transport. Some measures may make sense under any circumstances; others are primarily useful in emergency situations. All can be implemented on short notice ? if governments are prepared. The book examines potential approaches for rapid uptake of telecommuting, ?ecodriving?, and car-pooling, among other measures. It also provides methodologies and data that policymakers can use to decide which measures would be best adapted to their national circumstances. This ?tool box? may help countries to complement other measures for coping with supply disruptions, such as use of strategic oil stocks.

  18. The Role of the Clerics and the Religious Forces in the Iranian Movement of Nationalization of Oil Industry

    Directory of Open Access Journals (Sweden)

    Zohreh Salehi Siavoshani

    2011-10-01

    Full Text Available De 1941 a 1953, a la luz del nuevo clima que se respiraba en el país, el gobierno, la asamblea nacional, las embajadas extranjeras y los militares, el clero y las fuerzas religiosas formaron los nuevos círculos de influencia que podrían jugar un papel importante en el desarrollo socio-político del país.El presente artículo tiene por objeto revisar las acciones, las actitudes y el desarrollo interno de los principales grupos religiosos e islámicos de este período, así como su interacción y su impacto en el movimiento de nacionalización de la industria del petróleo. ¿En qué medida las perspectivas y los métodos de estos grupos estaban en consonancia con las demás son alguna de las cuestiones que el autor trata de responder sin tomar parte en cualquiera de ellos, y contra todos las limitaciones impuestas en este trabajo. Desafortunadamente, la mayoría de recursos referidos a este tema representa una imagen tridimensional de las actividades de los grupos religiosos y de los clérigos. Sin duda, todos los grupos mencionados anteriormente no fueron de la misma índole, y debido a los puntos de vista heterogéneos y a las tácticas y pactos que entre ellos acordaron hicieron que su perduraran poco tiempo.Palabras clave: Religión, Irán, petróleo, industria, reglas. ______________________________Abstract:From  1941 to 1953, in the light of new atmosphere in post-Reza Shah rule, further to the court, government, the national assembly, foreign embassies and the military men, the clergy and the religious forces were one of the new but influential circles of power playing important role  in the socio political developments and events of the country. The present article seeks to review the actions, attitudes and the inner development of the main religious and Islamic groups of this period, their interaction and their impact on the movement of nationalization of oil industry. To what  extent the outlook and methods of these groups were

  19. Stakeholder relations in the oil sands : managing uncertainty

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2009-05-15

    Alberta's oil sands are now at the crossroads of a series of significant and complex global issues that will require careful negotiation by all stakeholders involved in the oil sands industry. This paper discussed methods of managing uncertainty and risk related to the oil sands industry's agenda for the future. Oil sands developers must continue to secure permission from communities and other key stakeholders in order to develop oil sand projects. Stakeholder relations between oil sands operators, First Nations, and Metis Nation communities must ensure that respect is maintained while environmental impacts are minimized and long-term economic benefits are secured for all parties. Environmental non-governmental organizations (ENGOs) must ensure that oil sands resources are developed responsibly, and that environmental standards are maintained. Seven key shifts in stakeholder relations resulting from the recent economic crisis were identified. These included (1) withdrawal from the multi-stakeholder process, (2) increased focus on government to demonstrate policy leadership, (3) a stronger push from ENGOs to express environmental concerns, (4) global lobby and public relations efforts from ENGOs, (5) companies retreating to local community stakeholders, (6) more active demands from First Nations and Metis Nations groups, and (7) companies challenging ENGO campaigns. The study concluded by suggesting that government leadership is needed to clear policy and regulatory frameworks for Canada's oil sands.

  20. Oil and influence: the oil weapon examined

    Energy Technology Data Exchange (ETDEWEB)

    Maull, H

    1975-01-01

    The term ''oil weapon'' as used here signifies any manipulation of the price and/or supply of oil by exporting nations with the intention of changing the political behavior of the consumer nations. The political potential of the oil price is fairly restricted so, in effect, the supply interruptions are of prime concern. Manipulating price does, in principle, offer the possibilities of both conferring rewards and inflicting sanctions. Oil could be sold on preferential prices and terms. A precondition for using the oil weapon successfully would be the ability to cause real and serious damage to the consumer countries. Four damaging potentials for using the oil weapon could include its application by: (1) one producer against one consumer; (2) one producer against all consumers; (3) a group of producers against one consumer; and (4) by a group of producers against all consumers. It is concluded that the oil weapon will continue to be a force in the international system. (MCW)