Wage Inequality and Violent Protests in Oil/Gas Producing Countries

Science.gov (United States)

Nuraliyev, Nurlan

This work examines contrasting claims made by academic scholars on the relationship between income inequality and political discontent. Does income inequality directly cause social unrest or is this relationship conditional on the level of democratic development? Using the data from 55 oil/gas producing countries between 2010-2013, the author finds: 1) income disparity between an average income per capita of local population and an average income of foreign labor employed in the oil/gas industry results in higher number of violent protests in more democratic oil/gas producing societies; 2) wage disparity between local and foreign labor in the oil/gas industry is associated with higher number of protests in this industry in more democratic oil/gas producing states.

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)

Oil vulnerability index of oil-importing countries

International Nuclear Information System (INIS)

Gupta, Eshita

2008-01-01

This paper assesses the relative oil vulnerability of 26 net oil-importing countries for the year 2004 on the basis of various indicators - the ratio of value of oil imports to gross domestic product (GDP), oil consumption per unit of GDP, GDP per capita and oil share in total energy supply, ratio of domestic reserves to oil consumption, exposure to geopolitical oil market concentration risks as measured by net oil import dependence, diversification of supply sources, political risk in oil-supplying countries, and market liquidity. The approach using the principal component technique has been adopted to combine these individual indicators into a composite index of oil vulnerability. Such an index captures the relative sensitivity of various economies towards developments of the international oil market, with a higher index indicating higher vulnerability. The results show that there are considerable differences in the values of individual indicators of oil vulnerability and overall oil vulnerability index among the countries (both inter and intraregional). (author)

Oil vulnerability index of oil-importing countries

Energy Technology Data Exchange (ETDEWEB)

Gupta, Eshita [The Energy and Resources Institute, Darbari Seth Block, Habitat Place, New Delhi 110 003 (India)

2008-03-15

This paper assesses the relative oil vulnerability of 26 net oil-importing countries for the year 2004 on the basis of various indicators - the ratio of value of oil imports to gross domestic product (GDP), oil consumption per unit of GDP, GDP per capita and oil share in total energy supply, ratio of domestic reserves to oil consumption, exposure to geopolitical oil market concentration risks as measured by net oil import dependence, diversification of supply sources, political risk in oil-supplying countries, and market liquidity. The approach using the principal component technique has been adopted to combine these individual indicators into a composite index of oil vulnerability. Such an index captures the relative sensitivity of various economies towards developments of the international oil market, with a higher index indicating higher vulnerability. The results show that there are considerable differences in the values of individual indicators of oil vulnerability and overall oil vulnerability index among the countries (both inter and intraregional). (author)

Measuring industry productivity and cross-country convergence

NARCIS (Netherlands)

Inklaar, Robert; Diewert, W. Erwin

2016-01-01

This paper introduces a new method for simultaneously comparing industry productivity across countries and over time. The new method is similar to the method for making multilateral comparisons of Caves, Christensen and Diewert (1982b) but their method can only compare gross outputs across

Corporate Social Responsibility in the Oil Industry-Comparative Case Studies Of Chinese Oil Enterprises In Five Latin American Countries

Science.gov (United States)

Wu, Wenyuan

This dissertation evaluates and compares social and environmental records of Chinese national oil companies (NOCs) operating in Latin America from the early 21st century to 2015. Five countries representing the entirety of Chinese NOCs' physical presence are selected: Peru, Ecuador, Argentina, Colombia, and Venezuela. The project discovers that Chinese NOCs demonstrate the highest level of social responsibility in Peru and the lowest in Venezuela, with the other three countries constituting intermediate observations. The differences in social responsibility records are then causally traced to variances in the host countries' regulatory frameworks and civil society capacities. Chinese NOCs are found to be most willing to commit to social responsibility under an enabling regulatory environment in which the host government facilitates competitiveness and decentralization in its hydrocarbons industry while upholding inclusive policies regarding its civil society. Moreover, these NOCs are most likely to follow through on their CSR commitments when faced with a unified and collaborative civil society. These major findings yield important policy lessons for both the host government and the civil society in developing countries with abundance in energy resources.

Progress in reorganization of international oil industry and moves of majors

Energy Technology Data Exchange (ETDEWEB)

(Institute of Energy Economics, Tokyo (Japan))

1988-10-15

Of oil majors, Texaco, Chevron and Mobil have become depressed because of the sharp decrease in oil abundance due to the OPEC members' nationalization policy of resources in the first half of 1970's, whereas Exxon and Shell, who have made steady efforts in investment for exploration and development, have grown. BP has made a wide stride by acquisitions. Business acquisitions and mergers are increasing again in oil industries of Europe and U.S. with the dull oil price as the background. A particular feature of this trend is active involvement of western firms in North Sea oil. Oil producing countries are actively penetrating in downstream markets of consuming countries to establish stable selling routes. Whereas two directions are possible for changes in the international petroleum industry, that is, either coordinated action of producing countries and majors or increased competition among them, the age of co-existence and co-prosperity is most probable. 1 figure.

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.)

Do oil price shocks matter? Evidence for some European countries

International Nuclear Information System (INIS)

Cunado, Juncal; Gracia, Fernando Perez de

2003-01-01

This paper analyzes the oil price-macro economy relationship by means of analyzing the impact of oil prices on inflation and industrial production indexes for many European countries using quarterly data for the period 1960-1999. First, we test for cointegration allowing for structural breaks among the variables. Second, and in order to account for the possible non-linear relationships, we use different transformation of oil price data. The main results suggest that oil prices have permanent effects on inflation and short run but asymmetric effects on production growth rates. Furthermore, significant differences are found among the responses of the countries to these shocks. (Author)

The propulsive industry; oil and gas breed a community of builders

International Nuclear Information System (INIS)

Jaremko, G.

2000-01-01

The role that government-industry cooperation has played in the development of the Canadian petroleum industry is recounted by way of providing background to delegates to the World Petroleum Congress taking place in June 2000 in Calgary, Alberta. Among individuals whose contributions have been vital to the development of the industry are the late Premier Manning of Alberta, and J. Howard Pew, President of Sun Corporation, Todd Montgomery, Michael Supple, Chris Hopkins, the triumvirate leaders of the privately owned SynEnCo Inc., the latest entry into the oilsands lineup, Dave Beckwerment and Jeff Arsenych, the visionaries behind Ravenwood Resources Inc., Robert McLeay, founder of Mera Petroleum Inc., and Robert Mansell, the economist who keeps tab on the industry from his home base at the University of Calgary. According to Mansell, four-fifths of Canadian oil and gas production is located in Alberta, which constitutes some 45 per cent of the country's economy. From manufacturing to communications and information technology, other sectors draw heavily on the oil and gas community for customers and talent. Despite occasional disparaging remarks applied to the industry as being 'a mature and sunset industry' it survives through its visionaries and adventurers who flourish in a cross-section of the community built by earlier pioneers, in various niches ranging from economical drilling for modest conventional reserves to international hunts for proverbial elephant-sized discoveries in world trouble spots. The staying power of the industry through upheavals of global proportions underlines the talent and policies that manage the Canadian petroleum industry, and provide an indication of the scale of the country's natural resources

Industrialized countries and the oil price crisis: how are they coping

Energy Technology Data Exchange (ETDEWEB)

Pringle, R

1975-03-01

The ways in which Japan, France, the U.S., the United Kingdom, and the German Federal Republic reacted to the 1973 oil crisis were surveyed. The contrasts in their individual responses to this situation were very sharp, putting in the background the few collective measures agreed to in the OECD and in the International Monetary Fund. Each country's response can be seen to have been shaped by its intellectual tradition, by its resources, and by its total geo-political and geo-economic situation. The author concludes that ''France turned to its diplomats and its arms salesmen, using flair and its new-found economic dynamism; Germany left the field to the big guns of its heavy industry, still keeping its head down politically; Japan decided it was a matter of discipline, and of adjusting policy towards a greater emphasis on social goals; the United States behaved like the super power it is. All of these countries decided to tighten belts at home. Britain alone went off on an expansionary tack, because its economists and Chancellors wanted to show the world the way forward, and because of the bias towards expansionism that has been the hallmark of its economic policy, and the reason for its low growth, since the war.'' (MCW)

Performance of European cross-country oil pipelines. Statistical summary of reported spillages in 2006 and since 1971

International Nuclear Information System (INIS)

Larive, J.F.

2008-08-01

Since 1971 CONCAWE has been collecting data on spillages from cross-country oil pipelines in Europe. The information is collated in an annual report which includes an analysis of the human and environmental consequences and of the underlying causes of such incidents. CONCAWE report 7/08 covers the results for the year 2006 and includes an analysis of the accumulated data for the whole 36-year period from 1971 to 2006

Performance of European cross-country oil pipelines. Statistical summary of reported spillages in 2006 and since 1971

Energy Technology Data Exchange (ETDEWEB)

Larive, J.F. [CONCAWE, Brussels (Belgium)

2008-08-15

Since 1971 CONCAWE has been collecting data on spillages from cross-country oil pipelines in Europe. The information is collated in an annual report which includes an analysis of the human and environmental consequences and of the underlying causes of such incidents. CONCAWE report 7/08 covers the results for the year 2006 and includes an analysis of the accumulated data for the whole 36-year period from 1971 to 2006.

Statistical properties of country risk ratings under oil price volatility: Evidence from selected oil-exporting countries

International Nuclear Information System (INIS)

Liu, Chang; Sun, Xiaolei; Chen, Jianming; Li, Jianping

2016-01-01

This paper focuses on the application of panel models for identification and analysis of influence of oil price volatility on statistical properties of country risk ratings which stem from uncertainty of macroeconomic fluctuations. Firstly, two statistical properties of country risk ratings, volatility clustering and asymmetrical revision were identified in a theoretical framework based on Cruces (2006). Secondly, considering the oil price volatility, numerical experiments were conducted based on extended models to test and verify specific properties of country risk ratings in selected oil-exporting countries. Empirical results suggest that properties of country risk remain comparatively steady despite oil price volatility. It is also found that the oil price volatility can obviously exaggerate the country risk volatility, as it happened during 2007–2009. Country clustering based on the properties of country risk ratings shows that the selected countries maintain a significant clustering tendency. These features are of great importance for estimating risk exposure of international trade and investments in oil export during extreme situations. - Highlights: •Relationship between oil price volatility and country risk is the focus. •An extended model based on Cruces (2006) is proposed. •Volatility clustering and asymmetrical revision of country risk ratings is explored. •Oil price volatility can obviously exaggerate properties of country risk volatility.

The Nexus between Military Spending and Economic Growth in Newly Industrialized Countries: Panel Evidence from CrossSectional Dependency

Directory of Open Access Journals (Sweden)

Mehmet Akif DESTEK

2016-05-01

Full Text Available In this study, the long term relationship between military spending and economic growth in newly industrialized countries is analyzed with panel data methods for the years of 1988-2013. The study, where panel unit root, panel co-integration, panel co-integration estimator and panel causality tests that allow cross-sectional dependence are used, shows that the feedback hypothesis is valid in newly industrialized countries. And when these countries are analyzed separately, it is seen that the growth hypothesis is valid for India, Malaysia, Mexico and South Africa; the neutrality hypothesis is valid for China, Indonesia, Philippines, Thailand and Turkey and the growth detriment hypothesis is valid for Brazil.

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

An overview of uranium industries in countries of completed market economy

International Nuclear Information System (INIS)

Tan Chenglong

2007-01-01

Uranium is an important energy mineral and strategic resources, in countries of completed market economy, energy mineral exploration belongs to commercial mineral exploration. Because uranium exploration is higher in investment risk and rebound, the countries of completed market economy regulate uranium exploration by using laws, paying taxes and protecting environment. China will put the exploration of coal, oil and gas, uranium, oil shale, gas in coalbed in the first place in commercial mineral exploration. Therefore, it is quite necessary to understand uranium exploration industries in countries of completed market economy. (authors)

Implications for the Venezuelan oil industry of new environmental regulations in consumer countries

International Nuclear Information System (INIS)

Sanchez M, J.C.

1992-01-01

New and tighter environmental regulations are being enacted in major oil consumer countries, inducing a reshaping of oil business strategies and operations in oil exporting countries. The priority areas include air and water pollution control, waste management, conservation of natural resources and oil spill control among others. This paper summarizes the more significant of those regulations in the U.S.A. and Europe, their aims, as well as the implications for Petroleos de Venezuela, S.A. (PDVSA) in terms of investment in new product specifications and pollution prevention programmes. A review of the Venezuelan environmental regulations has also been done recently, and the necessary investment to comply with the new national standards in existing installations are estimated in US$500 million for the period 1992-1996. Investment in local environmental protection, associated with the new installations in Venezuela for manufacturing cleaner products during the same period, are included in the costs of these installations presented in this document. (author)

Optimal gasoline tax in developing, oil-producing countries: The case of Mexico

International Nuclear Information System (INIS)

Antón-Sarabia, Arturo; Hernández-Trillo, Fausto

2014-01-01

This paper uses the methodology of Parry and Small (2005) to estimate the optimal gasoline tax for a less-developed oil-producing country. The relevance of the estimation relies on the differences between less-developed countries (LDCs) and industrial countries. We argue that lawless roads, general subsidies on gasoline, poor mass transportation systems, older vehicle fleets and unregulated city growth make the tax rates in LDCs differ substantially from the rates in the developed world. We find that the optimal gasoline tax is $1.90 per gallon at 2011 prices and show that the estimate differences are in line with the factors hypothesized. In contrast to the existing literature on industrial countries, we show that the relative gasoline tax incidence may be progressive in Mexico and, more generally, in LDCs. - Highlights: • We estimate the optimal gasoline tax for a typical less-developed, oil-producing country like Mexico. • The relevance of the estimation relies on the differences between less-developed and industrial countries. • The optimal gasoline tax is $1.90 per gallon at 2011 prices. • Distance-related pollution damages, accident costs and gas subsidies account for the major differences. • Gasoline tax incidence may be progressive in less developed countries

The oil industry in 2007

International Nuclear Information System (INIS)

2008-01-01

The various contributions present and comment many data about the evolutions of different parts of the oil industry until 2007: world oil and gas markets, worldwide oil exploration and production, oil exploration and production in France, oil and oil-related industry in France, hydrocarbon supplies, oil refining in France, fuel quality, substitution fuels, inner transportation of oil products, storage of oil products, consumption of oil products, taxing of oils products, price of oil products, distribution of oil products

The oil industry in 2006

International Nuclear Information System (INIS)

2007-01-01

The various contributions present and comment many data about the evolutions of different parts of the oil industry until 2006: world oil and gas markets, worldwide oil exploration and production, oil exploration and production in France, oil and oil-related industry in France, hydrocarbon supplies, oil refining in France, fuel quality, substitution fuels, inner transportation of oil products, storage of oil products, consumption of oil products, taxing of oils products, price of oil products, distribution of oil products

Which industry is greener? An empirical study of nine industries in OECD countries

International Nuclear Information System (INIS)

Fujii, Hidemichi; Managi, Shunsuke

2013-01-01

This study analyzed the relationship between the CO 2 emissions of different industries and economic growth in OECD countries from 1970 to 2005. We tested an environmental Kuznets curve (EKC) hypothesis and found that total CO 2 emissions from nine industries show an N-shaped trend instead of an inverted U or monotonic increasing trend with increasing income. The EKC hypothesis for sector-level CO 2 emissions was supported in the (1) paper, pulp, and printing industry; (2) wood and wood products industry; and (3) construction industry. We also found that emissions from coal and oil increase with economic growth in the steel and construction industries. In addition, the non-metallic minerals, machinery, and transport equipment industries tend to have increased emissions from oil and electricity with economic growth. Finally, the EKC turning point and the relationship between GDP per capita and sectoral CO 2 emissions differ among industries according to the fuel type used. Therefore, environmental policies for CO 2 reduction must consider these differences in industrial characteristics. - Highlights: ► We analyze the relationship between CO 2 emissions and economic growth by industry. ► Wood, paper, and construction industries have an inverted U-shaped relationship. ► The turning points differ among industries according to the fuel type used. ► The policies for CO 2 reduction must consider differences in industrial characteristics

Clean technology for the crude palm oil industry in Thailand

NARCIS (Netherlands)

Chavalparit, O.

2006-01-01

The aims of this study were to assess the potential contribution of clean(er) technology to improve the environmental performance of the crude palm oil industry incountry-region w:st="on">Thailandcountry-region>, to analyse implementation barriers for

Oil exporting countries need nuclear power

International Nuclear Information System (INIS)

Stauffer, T.R.

1982-01-01

The economic rationale for nuclear power in the oil exporting countries is analysed, with the collateral objective of defining the size of the potential market in terms of the exporting countries' economic opportunities and energy needs. The need for appropriate new institutions for licensing reactors, training personnel, and starting up plants follows directly from the size of the market and the economic incentives for the oil exporters to husband gas and oil. Gas and oil resources of the Middle Eastern countries are discussed, and future electricity needs estimated. (author)

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

The impact of the Arab Spring on the hydrocarbon industry and on oil markets

International Nuclear Information System (INIS)

Perrin, Francis

2011-01-01

The author discusses direct and indirect, actual and potential, short term and medium term consequences on oil industries, sector and markets of tensions, disorders and conflicts which occurred in Arab countries during the so-called Arab Spring. He first addresses the impact on oil price in relationship with the situation of production is some of the concerned countries. If oil prices have then been increasing with a peak in April, they decreased thereafter because of perspectives of a world economic downturn. He evokes the possible consequences of the return of Libyan crude oils on international markets, and discusses the implications of a higher political risk in Northern African and Middle-Eastern countries. He finally questions the possible emergence of new oil and gas policies elaborated by authorities in these countries

The Effects of Oil Price Shocks on IIP and CPI in Emerging Countries

Directory of Open Access Journals (Sweden)

Yukino Sakashita

2016-09-01

Full Text Available In this paper, we investigate the effects of oil price shocks on the production and price level in five emerging countries through comparison with the United States, using a two-block structural VAR model of the global crude oil market proposed by Kilian and Park (see International Economic, vol. 50, 2009, pp. 1267–1287. Our main finding is that the effect of oil price shocks on the index of the industrial production (IIP and consumer price index (CPI in emerging countries also depends on where the changes fundamentally come from (this is also the case for the United States. We also found that some emerging countries showed unique impulse response patterns, the shapes of which are different from those of the United States and there are differences in impulse response patterns among emerging countries.

The impact of power market reforms on electricity price-cost margins and cross-subsidy levels: A cross country panel data analysis

International Nuclear Information System (INIS)

Erdogdu, Erkan

2011-01-01

One of the main expectations from power market reform has been a reduction in both price-cost margins and cross-subsidy levels between industrial and residential consumers. This paper focuses on this issue by looking at the impact of the electricity industry reforms on residential and industrial electricity price-cost margins and their effect on cross-subsidy levels between consumer groups. Using panel data for 63 developed and developing countries covering the period 1982-2009, empirical models are developed and analyzed. The research findings suggest that there is no uniform pattern for the impact of reform process as a whole on price-cost margins and cross-subsidy levels. Each individual reform step has different impact on price-cost margins and cross-subsidy levels for each consumer and country group. Our findings imply that reform steps have different impacts in different countries, which supports the idea reform prescription for a specific country cannot easily and successfully be transferred to another one. So, transferring the formal and economic structure of a successful power market in a developed country to developing countries is not a sufficient condition for good economic performance of the electricity industries in developing countries. Furthermore, the study suggests that power consumption, income level and country-specific features constitute other important determinants of electricity price-cost margins and cross-subsidy levels. - Research highlights: → The paper focuses on the impact of power market reforms on price-cost margins and cross-subsidy levels. → Using panel data for 63 countries for the period 1982-2009, empirical models are developed and analyzed. → We found that each individual reform step has different impact for each consumer and country group. → We conclude that reform prescription for a specific country cannot easily be transferred to another one.

The oil industry in Latin America: changing demand patterns and deregulation

International Nuclear Information System (INIS)

Thaler, Harald.

1997-02-01

The Oil Industry in Latin America: changing demand patterns and deregulation analyses the common problems faced by countries in the region in modernising and developing their oil sectors, despite the great variation in domestic natural resources between them. It highlights areas of potential, as well as clearly indicating risks and possible bureaucratic and political problems. (author)

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.)

Mexican oil industry: Shifting to difficult oil

Energy Technology Data Exchange (ETDEWEB)

Bazan G., Gerardo; Gonzalez, Cristobal J.

2010-09-15

Mexico has stepped into an important transition of declining oil fields and new challenging oil projects. The aim of this paper is to show a new perspective of the oil resources that have been exploited throughout the Mexican territory, as well as the remaining resources yet to be exploited. We have developed a resources/production-costs chart that illustrates the historical and future development of the Mexican oil industry, showing the shift that the industry will face in the coming years; this chart was taken from a model already in use by the most prestige energy agencies in the world.

The oil's comeback in the wake of the third oil shock - Class of enterprises and strategic group in the oil industry

International Nuclear Information System (INIS)

Greggio, R.; Maffei, B.

2015-01-01

The oil industry has been characterized for several decades by a deep-rooted paradox. The western multinational companies have been denied access to the most profitable oil-fields as a result of their nationalization which occurred mainly during the seventies: they extract nowadays only a small part of the world's oil. Yet, they have consolidated their financial, technological and strategic leadership, whereas oil companies from emerging countries do not have the same unrestricted freedom of action. As there has been no substantial change in the oil business hierarchy, oil companies should be presented as actually forming 'classes of enterprises' rather than be construed as 'strategic groups'. In other words, they constitute sets of relatively autonomous entities, which may sometimes conflict and also cooperate with each other, but whose strategies are excessively determined by geopolitical and industrial constraints which cannot be easily overcome. (authors)

Overseas oil-development policy of resource-poor countries: A case study from Japan

International Nuclear Information System (INIS)

Koike, Masanari; Mogi, Gento; Albedaiwi, Waleed H.

2008-01-01

Japan, currently the world's third largest oil consumer, depends on imports for almost all of its oil needs. Owing to this high level of dependence, Japanese citizens as well as the economy have historically been vulnerable. In the past, certain incidents caused by the interruption of oil imports have resulted in fatal damages to the country. In order to reduce these risks, the Japanese government has supported overseas exploration and development activities of the domestic upstream oil industry, which has not proven as successful as expected. This paper presents the experiences, policies, and the structure of Japan's attempts to increase the share of domestic oil needs met by development activities. While conducting this study, both internal and external constraints were encountered. In addition to the lack of domestic oil reserves, factors including the institutional design of cooperation between government and private industries, the early history of the upstream industry, the target area of overseas development, and the changing environment have created impediments toward achieving the targets. In 2006, Japan again set a new target for doubling the ratio of self-developed oil in its total imports by 2030, and will face challenges in clearing the above-mentioned hurdles

Cross dynamics of oil-stock interactions: A redundant wavelet analysis

International Nuclear Information System (INIS)

Jammazi, Rania

2012-01-01

The main aim of the present paper is to explore how the interactions between crude oil (CO) price changes and stock returns of five developed countries namely U.S.A, Canada, Germany, Japan and U.K., evolve simultaneously over time and frequency, in light of the conflicting evidence provided by much of recent studies on the sign and the direction of this relationship. To this end, we apply a more efficient wavelet tool, namely Haar à trous wavelet transform that helps circumvent the problems of the standard regression techniques and proves its effectiveness in encircling the real data features. In order to provide more credible conclusions, the wavelet variance, correlation and cross-correlation are implemented. In general, we extend the existing empirical works by providing more generalized and convincing results inherent to the stock-oil markets interactions which are usually reputed to be complicated. First, we find evidence that the wavelet variances of all the variables decrease with increasing scales. Second, from the analysis of the wavelet correlation, changes in CO and almost all the stock prices do not move together up to the intermediate scale, but since they abruptly shift their direction in unison. Third, results for the wavelet CCF at scales 2, 3 and/or 4 generally illustrate no transmission mechanism between CO and the stock market returns although we provide support for massive CO variations at these scales. In contrast, the CO-equity market relationships at higher scales become interconnected in a negative unidirectional pattern running from CO to stock market returns for only two oil importing countries but also Canada. For oil exporting countries, we have seen that while highly transient (scale 1) positive/negative causalities flowing from TSX stock market to CO changes are detected, highly persistent (scale 6) positive causality running from FTSE to the CO changes are rather found. Finally, the implications of the study's results vary depending

International Co-operation: Industrialized and Industrializing Countries

International Nuclear Information System (INIS)

Khatib, H.

1996-01-01

Industrializing Countries are becoming increasingly important in the fossil fuels market. In their endeavour for development these countries need to be assisted by the industrialized countries in various problems of provision of capital, capacity building, technology transfer and protection to the environment. (author)

Performance of European cross-country oil pipelines. Statistical summary of reported spillages in 2007 and since 1971

International Nuclear Information System (INIS)

2009-11-01

CONCAWE has collected 37 years of spillage data on European cross-country oil pipelines. At over 35,000 km the inventory covered currently includes the vast majority of such pipelines in Europe, transporting around 800 million m3 per year of crude oil and oil products. This report covers the performance of these pipelines in 2007 and a full historical perspective since 1971. The performance over the whole 37 years is analysed in various ways including gross and net spillage volumes and spillage causes grouped into five main categories: mechanical failure, operational, corrosion, natural hazard and third party. The rate of inspections by intelligence pigs is also reported. 9 spillage incidents were reported in 2007, corresponding to 0.28 spillages per 1000 km of line, just under the 5-year average and well below the long-term running average of 0.55, which has been steadily decreasing over the years from a value of 1.2 in the mid 70s. There were no fires, fatalities or injuries connected with these spills. 1 incident was due to mechanical failure, 2 incidents to corrosion and 6 were connected to third party activities. Over the long term, third party activities is the main cause of spillage incidents.

Performance of European cross-country oil pipelines. Statistical summary of reported spillages in 2007 and since 1971

Energy Technology Data Exchange (ETDEWEB)

NONE

2009-11-15

CONCAWE has collected 37 years of spillage data on European cross-country oil pipelines. At over 35,000 km the inventory covered currently includes the vast majority of such pipelines in Europe, transporting around 800 million m3 per year of crude oil and oil products. This report covers the performance of these pipelines in 2007 and a full historical perspective since 1971. The performance over the whole 37 years is analysed in various ways including gross and net spillage volumes and spillage causes grouped into five main categories: mechanical failure, operational, corrosion, natural hazard and third party. The rate of inspections by intelligence pigs is also reported. 9 spillage incidents were reported in 2007, corresponding to 0.28 spillages per 1000 km of line, just under the 5-year average and well below the long-term running average of 0.55, which has been steadily decreasing over the years from a value of 1.2 in the mid 70s. There were no fires, fatalities or injuries connected with these spills. 1 incident was due to mechanical failure, 2 incidents to corrosion and 6 were connected to third party activities. Over the long term, third party activities is the main cause of spillage incidents.

Dynamic correlation between stock market and oil prices: The case of oil-importing and oil-exporting countries

OpenAIRE

Filis, George; Degiannakis, S.; Floros, C.

2011-01-01

The paper investigates the time-varying correlation between stock market prices and oil prices for oil-importing and oil-exporting countries. A DCC-GARCH-GJR approach is employed to test the above hypothesis based on data from six countries; Oil-exporting: Canada, Mexico, Brazil and Oil-importing: USA, Germany, Netherlands. The contemporaneous correlation results show that i) although time-varying correlation does not differ for oil-importing and oil-exporting economies, ii) the correlation i...

Role and Place of the Oil Industry in the Economic and Political Development in Iraq

Directory of Open Access Journals (Sweden)

E V Pashkova

2014-12-01

Full Text Available In the article the authors consider economic and political aspects of restoration and development of the oil industry in Iraq and make a brief historical analysis of it. It’s emphasized the role of political factors in the history of the development of the oil sector in the country. The article deals with the current situation in the oil industry of Iraq, and also the prospects and forecasts of development of it. It’s emphasized the idea that the oil export is one of the most important directions of Iraq's oil policy, which has a high degree of flexibility. It is noted that currently, the speedy recovery of Iraq and its oil industry depends on international companies. However, it is emphasized that there are established a lot of state-owned oil companies in recent decades in Iraq, which are working successfully in the global market. Authors consider the activity of one of them, a marketing company SOMO.

Mineral oil industry

NARCIS (Netherlands)

Brasser, L.J.; Suess, M.J.; Grefen, K.; Reinisch, D.W.

1985-01-01

In this chapter a general picture is presented of the air pollution aspects in the mineral oil industry. The complete field is covered, starting from drilling operations and the well head up to the delivery of the products to the consumer. A large field of activities as is given by the mineral oil

Performance of European cross-country oil pipelines. Statistical summary of reported spillages in 2009 and since 1971

Energy Technology Data Exchange (ETDEWEB)

Davis, P.M.; Dubois, J.; Gambardella, F.; Sanchez-Garcia, E.; Uhlig, F.

2011-05-15

CONCAWE has collected 39 years of spillage data on European cross-country oil pipelines. At about 35,000 km the inventory covered currently includes the vast majority of such pipelines in Europe, transporting around 870 million m3 per year of crude oil and oil products. This report covers the performance of these pipelines in 2009 and a full historical perspective since 1971. The performance over the whole 39 years is analysed in various ways including gross and net spillage volumes and spillage causes grouped into five main categories: mechanical failure, operational, corrosion, natural hazard and third party. The rate of inspections by in line tools (intelligence pigs) is also reported. 5 spillage incidents were reported in 2009, corresponding to 0.14 spillages per 1000 km of line, well below the 5-year average of 0.28 and the long-term running average of 0.53, which has been steadily decreasing over the years from a value of 1.2 in the mid 70s. There were no fires, fatalities or injuries connected with these spills. 4 incidents were due to mechanical failure and 1 was connected to past third party activities. Over the long term, third party activities remain the main cause of spillage incidents although mechanical failures have increased in recent years, a trend that needs to be scrutinised in years to come.

Performance of European cross-country oil pipelines. Statistical summary of reported spillages in 2010 and since 1971

International Nuclear Information System (INIS)

Davis, P.M.; Dubois, J.; Gambardella, F.; Sanchez-Garcia, E.; Uhlig, F.

2011-12-01

CONCAWE has collected 40 years of spillage data on European cross-country oil pipelines. At about 35,000 km the inventory covered currently includes the vast majority of such pipelines in Europe, transporting around 800 million m3 per year of crude oil and oil products. This report covers the performance of these pipelines in 2010 and a full historical perspective since 1971. The performance over the whole 40 years is analysed in various ways, including gross and net spillage volumes, and spillage causes grouped into five main categories: mechanical failure, operational, corrosion, natural hazard and third party. The rate of inspections by in-line tools (intelligence pigs) is also reported. 4 spillage incidents were reported in 2010, corresponding to 0.12 spillages per 1000 km of line, well below the 5-year average of 0.25 and the long-term running average of 0.52, which has been steadily decreasing over the years from a value of 1.2 in the mid-70s. There were no fires, fatalities or injuries connected with these spills. 2 incidents were due to mechanical failure, 1 to external corrosion, and 1 was connected to past third party activities. Over the long term, third party activities remain the main cause of spillage incidents although mechanical failures have increased in recent years, a trend that needs to be scrutinised in years to come.

Performance of European cross-country oil pipelines. Statistical summary of reported spillages in 2010 and since 1971

Energy Technology Data Exchange (ETDEWEB)

Davis, P.M.; Dubois, J.; Gambardella, F.; Sanchez-Garcia, E.; Uhlig, F.

2011-12-15

CONCAWE has collected 40 years of spillage data on European cross-country oil pipelines. At about 35,000 km the inventory covered currently includes the vast majority of such pipelines in Europe, transporting around 800 million m3 per year of crude oil and oil products. This report covers the performance of these pipelines in 2010 and a full historical perspective since 1971. The performance over the whole 40 years is analysed in various ways, including gross and net spillage volumes, and spillage causes grouped into five main categories: mechanical failure, operational, corrosion, natural hazard and third party. The rate of inspections by in-line tools (intelligence pigs) is also reported. 4 spillage incidents were reported in 2010, corresponding to 0.12 spillages per 1000 km of line, well below the 5-year average of 0.25 and the long-term running average of 0.52, which has been steadily decreasing over the years from a value of 1.2 in the mid-70s. There were no fires, fatalities or injuries connected with these spills. 2 incidents were due to mechanical failure, 1 to external corrosion, and 1 was connected to past third party activities. Over the long term, third party activities remain the main cause of spillage incidents although mechanical failures have increased in recent years, a trend that needs to be scrutinised in years to come.

Performance of European cross-country oil pipelines. Statistical summary of reported spillages in 2008 and since 1971

Energy Technology Data Exchange (ETDEWEB)

Davis, P.M.; Dubois, J.; Gambardella, F.; Uhlig, F.

2010-06-15

CONCAWE has collected 38 years of spillage data on European cross-country oil pipelines. At over 35,000 km the inventory covered currently includes the vast majority of such pipelines in Europe, transporting around 780 million m{sup 3} per year of crude oil and oil products. This report covers the performance of these pipelines in 2008 and a full historical perspective since 1971. The performance over the whole 38 years is analysed in various ways including gross and net spillage volumes and spillage causes grouped into five main categories: mechanical failure, operational, corrosion, natural hazard and third party. The rate of inspections by in line tools (intelligence pigs) is also reported. 12 spillage incidents were reported in 2008, corresponding to 0.34 spillages per 1000 km of line, somewhat above the 5-year average of 0.28 but well below the long-term running average of 0.54, which has been steadily decreasing over the years from a value of 1.2 in the mid 70s. There were no fires, fatalities or injuries connected with these spills. 7 incidents were due to mechanical failure, 1 incident to corrosion and 4 were connected to third party activities. Over the long term, third party activities remain the main cause of spillage incidents although mechanical failures have increased in recent years, a trend that needs to be scrutinised in years to come.

Performance of European cross-country oil pipelines. Statistical summary of reported spillages in 2009 and since 1971

International Nuclear Information System (INIS)

Davis, P.M.; Dubois, J.; Gambardella, F.; Sanchez-Garcia, E.; Uhlig, F.

2011-05-01

CONCAWE has collected 39 years of spillage data on European cross-country oil pipelines. At about 35,000 km the inventory covered currently includes the vast majority of such pipelines in Europe, transporting around 870 million m3 per year of crude oil and oil products. This report covers the performance of these pipelines in 2009 and a full historical perspective since 1971. The performance over the whole 39 years is analysed in various ways including gross and net spillage volumes and spillage causes grouped into five main categories: mechanical failure, operational, corrosion, natural hazard and third party. The rate of inspections by in line tools (intelligence pigs) is also reported. 5 spillage incidents were reported in 2009, corresponding to 0.14 spillages per 1000 km of line, well below the 5-year average of 0.28 and the long-term running average of 0.53, which has been steadily decreasing over the years from a value of 1.2 in the mid 70s. There were no fires, fatalities or injuries connected with these spills. 4 incidents were due to mechanical failure and 1 was connected to past third party activities. Over the long term, third party activities remain the main cause of spillage incidents although mechanical failures have increased in recent years, a trend that needs to be scrutinised in years to come.

Impact of sustained low oil prices on China's oil & gas industry system and coping strategies

Directory of Open Access Journals (Sweden)

Jianjun Chen

2016-05-01

Full Text Available The global sustained low oil prices have a significant impact on China's oil and gas industry system and the national energy security. This paper aims to find solutions in order to guarantee the smooth development of China's oil and gas industry system and its survival in such a severe environment. First, the origins of sustained low oil prices were analyzed. Then, based on those published data from IEA, government and some other authorities, this study focused on the development status, energy policies and the future developing trend of those main oil & gas producing countries. Investigations show that the low-price running is primarily contributed to the so-called oil and gas policies in the USA. It is predicted that national petroleum consumption will reach up to 6.0 × 108 t (oil & 3300 × 108 m3 (gas in 2020 and 6.8 × 108 t (oil & 5200 × 108 m3 (gas in 2030. For reducing the dependence on foreign oil and gas, the investment in the upstream of oil and gas industry should be maintained and scientific research should be intensified to ensure the smooth operation of the oil and gas production system. Considering China's national energy security strategy, the following suggestions were proposed herein. First, ensure that in China the yearly oil output reaches 2 × 108 t, while natural gas yield will be expected to be up to 2700 × 108 m3 in 2030, both of which should become the “bottom line” in the long term. Second, focus on the planning of upstream business with insistence on risk exploration investment, scientific and technological innovation and pilot area construction especially for low-permeability tight oil & gas, shale oil & gas reservoir development techniques. Third, encourage the in-depth reform and further growth especially in the three major state-owned oil & gas companies under adverse situations, and create more companies competent to offer overseas technical services by taking the opportunity of the �

Economic aspects of management of oil industry

International Nuclear Information System (INIS)

Purina, I.; Sipkovs, P.

1997-01-01

Oil industry is characterised by huge and long-term capital investments. This is one of the most specific features of the industry which has to be taken into account during the preparation of oil industry management framework by the state institutions. This article covers specific issues of cash flows and risks intrinsic in the oil industry projects as well as economic instruments to be applied. (author)

Do Oil-Producing Countries Have Normal Oil Overconsumption? An Investigation of Economic Growth and Energy Subsidies

Directory of Open Access Journals (Sweden)

Seyed Reza Mirnezami

2015-07-01

Full Text Available The data shows that oil-producing countries have low oil retail prices and low economic growth compared with other countries. Considering that oil-producing countries experience high oil consumption and low economic growth, it is possible to argue that economic growth is not an appropriate justification for oil consumption and that the main cause for high oil consumption is the low retail price. In addition, it should be noted that the global environmental movement against increasing greenhouse gas emissions—for example, the Kyoto 1998 agreement—seems to have had no effect on oil consumption in oil-producing countries.

Managing volatility in the oil industry

International Nuclear Information System (INIS)

Bookout, J.F.

1990-01-01

A concern often expressed nowadays is that the survivability of parts of the oil industry is threatened. Over the past 15 years the oil industry has experienced a succession of rapid and significant changes. The dimensions of change include oil price, of course, but also changes in activity levels, employment, supply and demand, and in economic and political conditions. In this chapter we will examine some of these changes. In this paper, the authors compare the volatility of oil prices with that of other commodities, to determine whether the oil industry environment is unique in any way. Also in this discussion the authors consider the impact of futures market trading. Second, the authors look at the performance of various parts of the industry-the upstream exploration and production sector, the refining and retailing parts of the downstream sector, as well as a brief look at consumers. last, the authors consider whether the industry has adapted to this change environment, and what we might expect in the 1990s

The voice of Canada's oil and natural gas industry : oil and natural gas

International Nuclear Information System (INIS)

2001-04-01

The Canadian Association of Petroleum Producers (CAPP) represents 150 members of the oil and gas industry, which together are responsible for approximately 95 per cent of the oil and natural gas produced in Canada. The upstream sector comprises companies that explore for, develop and produce petroleum resources, while the downstream sector involves companies that refine and market the resources. CAPP works closely with governments of 11 of Canada's 13 provinces and territories and with public groups to represent upstream producers active across the country. The enhancement of the economic well-being and sustainability of the upstream petroleum industry is the mission of the CAPP. The main priorities of the CAPP are: Environment, Health and Safety Stewardship, reasonable and timely access to resources, competitiveness of the Canadian industry on a global basis, the secure and efficient access to markets, and open and constructive public, government and media affairs. Some of the issues dealt with by the CAPP are sour gas, flaring, venting and industry-landowner relations, improved safety performance, federal issues such as corporate taxes and environmental issues, Aboriginal and First Nations issues, transportation costs for natural gas on major pipelines, and oil and sands bitumen issues, to name a few. The board of the CAPP is made up of 32 members. The work is carried out by hundreds of volunteers from member companies who provide their time and expertise for various committees and working groups, as well as a staff of approximately 40 people to assist them. The members provide the entire funding for CAPP, which is located in Calgary, Alberta. The document concluded with a few facts concerning the petroleum industry in general. 12 figs

The oil and gas industry in 2008

International Nuclear Information System (INIS)

2008-01-01

Illustrated by many graphs and tables, this report presents and comments many data and figures on many aspects of the oil and gas industry in the world and in France: worldwide oil and gas markets, worldwide oil exploration and production, worldwide gas exploration and production and stakes for European supply, exploration and production in France, oil and oil-based industry, hydrocarbon supplies, refining in France, fuel quality, substitution fuels, domestic transport of oil products, gas infrastructures, oil product storage, oil and gas product consumption, hydrocarbon taxing, oil product prices, and oil product distribution

The relationship between the oil industry and municipalities in Saskatchewan

International Nuclear Information System (INIS)

Gerecke, D.

1997-01-01

The relationship between oil companies and rural municipalities in Saskatchewan and the recent changes to Saskatchewan's property tax assessment scheme were discussed. There are approximately 300 rural municipalities in Saskatchewan, each having its own bylaws and policies. The bylaws and policies dealing with roads and fees are the ones which affect the oil companies the most. From the industry's point of view, the biggest problem is that there is no consistency from one rural municipality to another regarding the rules that oil companies must follow. The Rural Municipalities Act and the Planning and Development Act are the sources of jurisdiction for rural municipalities. These acts allow municipalities to pass zoning bylaws for land use and development restrictions that could prevent or restrict the drilling of wells, the installation of road approaches, the crossing of roads with a pipeline or gas line, and waste disposal, among others. Examples of how the rural municipalities in Saskatchewan are dealing with the oil industry are presented. One factor that rural municipalities sometimes overlook is that trying to coexist peacefully with the oil industry frequently encourages development and keeps taxes down. The property tax reassessment based on the 1989 Rural Municipality Act, the impact of reassessment on rural municipalities, appeals against assessment, 1997 changes to the appeal rules, and major appeal issues in 1997 were also reviewed

78 FR 41421 - Certain Oil Country Tubular Goods From India, Korea, Philippines, Saudi Arabia, Taiwan, Thailand...

Science.gov (United States)

2013-07-10

... (Preliminary)] Certain Oil Country Tubular Goods From India, Korea, Philippines, Saudi Arabia, Taiwan, Thailand.... 1671b(a) and 1673b(a)) (the Act) to determine whether there is a reasonable indication that an industry... of an industry in the United States is materially retarded, by reason of imports from India, Korea...

Honesty, trust and economic growth - A cross-cultural comparison of western industrialized countries

NARCIS (Netherlands)

Fetchenhauer, D; van der Vegt, G

This article investigates cross-country differences in economic growth rates from a psychological perspective. Based on social capital theory it is argued that 1) financial honesty and trust are positively correlated with each other when they are aggregated on a country level and that 2) a high

Labour Productivity Convergence in 52 Industries: A Panel Data Analysis of Some European Countries

Directory of Open Access Journals (Sweden)

Tahir Mahmood

2012-01-01

Full Text Available Beta convergence and the speed of convergence of labour productivity for 52 industries are studied with a panel of data including 13 European countries. We use fixed effect approach to model the heterogeneity across countries. In primary sector and in service sector, the existence of -convergence is found for all industries. In manufacturing sector, convergence is found for all industries except for electronic and computing equipment industries. In general the speed of convergence estimates show slow adjustment. Speed is highest in the capital intensive industries. In primary production the convergence is slowest in agriculture and fastest in fishing industry. In manufacturing sector the convergence is slowest in food, drink and tobacco, and it is fastest in oil refining and nuclear fuel manufacturing industries. By augmenting the productivity models with labour utilization variable speeds up the convergence. Labour utilization is positively related to productivity growth in primary production industries, ICT producing manufacturing industries, and ICT producing services industries.

The investment challenges facing the oil and gas industry

International Nuclear Information System (INIS)

Suellentrop, Steve

1998-01-01

In considering the potential of the United Kingdom for investment in the oil and gas industry, four factors are discussed. They are: the importance of certainty in identifying markets; the importance of infrastructure in assisting follow-on developments in mature oil and gas fields; the UK's competitive position in the world investment market; fiscal terms in the UK as compared with those offered by other countries. The conclusion drawn is that the UK needs to be responsive to its status as a mature oil and gas area and have the flexibility to stimulate investment in frontier areas. Stability in both the fiscal regime and also handling issues like market access is important. There is a need to capitalise on the many advantages conferred by the existing infrastructure in mature areas. (UK)

Challenge - oil crisis

International Nuclear Information System (INIS)

Vogler, O.

1981-01-01

After a short survey on recent developments of energy supply the risks of future energy supply and its effects are discussed. The parameters of dependence on oil-producing countries are studied and an evaluation is given on the measures which have to be taken by the Western industrialized countries in response to the dependence on oil. Further subjects are: mechanism of oil distribution in case of crisis, long-term cooperation of producer countries, measures on international level in the USA and Japan, and the energy-importing countries in the conflict area between OPEC- and industrialized countries. (UA) [de

Oil industry in Uganda: The socio-economic effects on the people of Kabaale Village, Hoima, and Bunyoro region in Uganda

Science.gov (United States)

Kyomugasho, Miriam

This thesis examines the socio-economic effects of oil industry on the people of Kabaale Village, Hoima, and Bunyoro region in Uganda. The thesis analyses the current political economy of Uganda and how Uganda is prepared to utilize the proceeds from the oil industry for the development of the country and its people. In addition, the research examines the effects of industry on the people of Uganda by analyzing how the people of Kabaale in Bunyoro region were affected by the plans to construct oil refinery in their region. This field research was done using qualitative methods and the Historical Materialism theoretical framework guided the study. The major findings include; displacement of people from land especially women, lack of accountability from the leadership, and less citizen participation in the policy formulation and oil industry. Ugandans, East Africans and the wider Pan-African world need to re-organize their socio-economic structure to enable people own means of production; participate and form labor organizations. Additionally, there is a need for oil producing African countries to unite and setup and oil fund for resources and investment instead of relying on foreign multinationals or become rentier states.

Have Countries with Lax Environmental Regulations a Comparative Advantage in Polluting Industries?

OpenAIRE

Quiroga, Miguel; Sterner, Thomas; Persson, Martin

2007-01-01

We aim to study whether lax environmental regulations induce comparative advantages, causing the least-regulated countries to specialize in polluting industries. The study is based on Trefler and Zhu’s (2005) definition of the factor content of trade. For the econometrical analysis, we use a cross-section of 71 countries in 2000 to examine the net exports in the most polluting industries. We try to overcome three weaknesses in the empirical literature: the measurement of environmental endowme...

The changing structure of the international oil industry: implications for OPEC

International Nuclear Information System (INIS)

Abdalla, K.L.; )

1995-01-01

This paper examines the changes in international oil market structure observed in the 1980s and early 1990s and assesses possible effects on oil market conditions in the future and implications for OPEC. It focuses on the trend toward a more vertical organization mainly resulting from substantial purchases of downstream assets by state owned oil companies in major oil producing countries. While the Gulf war prevented greater horizontal concentration of oil reserves, it merely interrupted the trend toward vertical concentration in the international oil industry. The vertical integration of only some of the OPEC members will cause a further divergence of goals within the organization resulting in a lower likelihood of OPEC regaining its former position as an effective cartel. If the trend toward greater vertical concentration increases, future oil prices will, in part, be affected by decisions made by vertically integrated firms. (author)

Do Oil-Producing Countries Have Normal Oil Overconsumption? An Investigation of Economic Growth and Energy Subsidies

OpenAIRE

Seyed Reza Mirnezami

2015-01-01

The data shows that oil-producing countries have low oil retail prices and low economic growth compared with other countries. Considering that oil-producing countries experience high oil consumption and low economic growth, it is possible to argue that economic growth is not an appropriate justification for oil consumption and that the main cause for high oil consumption is the low retail price. In addition, it should be noted that the global environmental movement against increasing greenhou...

E-government factors to reduce administrative and finance corruption in Arab countries: Case study Iraqi oil sector

Science.gov (United States)

Mohammed, M. A.; Eman, Y.; Hussein, A. H.; Hasson, A. R.

2015-12-01

Arab countries face the corruption issues in its several public organizations. The corruption in these countries is considered as the main challenge. The oil sector is one of the public sectors that have huge level of corruption. However, the Iraqi economy had become dependable on oil sector daring the last three decades, and on the contrary, of what other oil countries did. The capital is considered as one of the essential factor for economic development. The revenues of oil exports will stay the essential source for economic development in Iraq in the future in order to reduce being dependable on oil. Since the beginning of the 3rd thousands, the world witnessed great rise in the demand on oil, but the Iraqi exports of crude oil come to be less than its similarities in the seventeenths of last century. So our oil sector is still in need of deep study. This study focuses on technological technique that can make huge decrease for corruption in oil sector in Iraq. However, e-government is considered as the best techniques that can decrease the corruption. Thus, this study bases on challenges that effect on build successful e-government project in Iraqi oil industry.

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.)

Do urbanization and industrialization affect energy intensity in developing countries?

International Nuclear Information System (INIS)

Sadorsky, Perry

2013-01-01

Against a backdrop of concerns about climate change, peak oil, and energy security issues, reducing energy intensity is often advocated as a way to at least partially mitigate these impacts. This study uses recently developed heterogeneous panel regression techniques like mean group estimators and common correlated effects estimators to model the impact that income, urbanization and industrialization has on energy intensity for a panel of 76 developing countries. In the long-run, a 1% increase in income reduces energy intensity by − 0.45% to − 0.35%. Long-run industrialization elasticities are in the range 0.07 to 0.12. The impact of urbanization on energy intensity is mixed. In specifications where the estimated coefficient on urbanization is statistically significant, it is slightly larger than unity. The implications of these results for energy policy are discussed. - Highlights: ► The impact of urbanization and industrialization on energy intensity is modeled. ► Use recently developed heterogeneous panel regression techniques ► The model is tested on a panel of developing countries. ► Income has a negative impact on energy intensity. ► Industrialization has a positive impact on energy intensity

Application of the nuclear technology in the oil industry in Venezuela

International Nuclear Information System (INIS)

Cano, P.M.; Parra, R.E.

1997-01-01

Since 1987 the Physics laboratory of the Condensed Matter of the Centre of Physics Venezuelan Institute of Scientific Research, IVIC several diagnostic techniques that, make use of neutrons, gamma rays and radioactive tracers have been developed, they have been oriented mainly towards, the oil industry of Venezuela bout 100 applications have been carried out in the principal enterprises oil refineries and companies crude producing petrochemical in the country. In this presentation are exposed three applications of these techniques. Utilization of neutrons (sources Am241-Be). Utilization of gamma rays and study of radiotracers

Measuring the efficiency of energy-intensive industries across European countries

International Nuclear Information System (INIS)

Makridou, Georgia; Andriosopoulos, Kostas; Doumpos, Michael; Zopounidis, Constantin

2016-01-01

This study evaluates the energy efficiency trends of five energy-intensive industries in 23 European Union (EU) countries over the period 2000–2009. In particular, the performance of the construction, electricity, manufacturing, mining and quarrying, and transport sectors is examined. The analysis is based on Data Envelopment Analysis (DEA) combined with the Malmquist Productivity Index (MPI), which allows for distinctions between efficiency and technology changes over time. At the second stage of the analysis, cross-classified multilevel modelling is applied to analyse the main drivers behind efficiency performance using a number of sector and country characteristics. Based on DEA results, an overall improvement in efficiency is observed in all sectors over the period. The decomposition of the MPI indicates that technology change is primarily responsible for the improvements achieved in most sectors. The results obtained by the cross-classified model show, among other things, that the high electricity prices, energy taxes, and market share of the largest generator in the electricity market have a negative effect on industrial energy efficiency. - Highlights: • Analysis of energy efficiency and trends of industrial sectors in EU. • Combination of non-parametric frontier models and multilevel explanatory analysis. • Examination of the drivers of energy efficiency. • Industrial energy efficiency performance is mainly driven by technological improvement.

Catalysts development for Venezuelan oil industry

International Nuclear Information System (INIS)

1999-01-01

Since the beginning of technical activities at PDVSA Intevep, Catalysis became a fact. As the technological affiliate of the Venezuelan Oil Industry, its rol in this area has been oriented towards the refining and petrochemical needs of that industry. In doing so, the whole set of activities dealing with basic research, development and consulting has lead to keep in force such a topic along our history. This work describes these activities, the infrastructure which supported it and the most relevant results, both those which have reached commercial level together with those holding that potential through a valid patent. As can be seen, this country relay on a corporation capable of generating catalytic technologies to satisfy its needs, within a wide range of applications. PDVSA Intevep has been exhaustively working with that orientation from the knowledge creation through the technology transfer of our products to the operational units

The UK oil industry in 1992-93

International Nuclear Information System (INIS)

Collins, John

1993-01-01

A review is presented of the fortunes of the United Kingdom oil industry for the year 1992-1993. Recent achievements in dealing with competition and growing costs are noted. Relationships between the oil industry and policy makers, both at national and European Community level will need to be based on realistic understanding of the industry and the complex issues it faces. Although the offshore oil and gas industry has enjoyed considerable success since the mid-1960s, recent structural change and market liberalization means that it now faces challenges which require even closer cooperation between government and the industry itself to be achieved. (UK)

Environmental issues facing the oil industry

International Nuclear Information System (INIS)

Skea, Jim

1992-01-01

Environmental policies and regulations are having profound effects on the oil industry. The industry is affected by controls on both its production and processing activities and on the use of its own products. The environmental impacts of upstream activities, epitomized by the Exxon Valdez accident, are leading to more expensive tanker designs. Oil markets can be changed by sulphur controls driven by concern about acid rain and new requirements in the USA to change gasoline specifications in order to reduce urban smog. The problem of climate change and CO 2 emissions poses even more fundamental challenges to the oil industry, with the prospect of reduced markets in the longer term. (author)

Australia's oil and gas industry

International Nuclear Information System (INIS)

Anon.

1995-01-01

Reasons for underperformance in the Australian oil and gas industry are explored in this paper including lower than expected oil prices following major capital investment, management strategies, taxation changes and access problems. Over the last two decades, the return offered to providers of equity capital has been adequate but lower than the industry expected. Corporate planning techniques need to be reexamined in the light of past performance, and realistic goals set. (UK)

The restructuring of the Russian oil industry

International Nuclear Information System (INIS)

Price, J.

1994-01-01

The Russian Oil and Gas Corporation, Rosneftegas, was set up in October 1990 to be the central coordinating body of the Russian oil industry. Rosneftegas decided to seek expert advice from international advisers on the restructuring of the industry in the transition to a market economy. The advisers put forward a framework for change based on eight internal and external factors. On the internal, industry, side they are: private ownership, market structures, competition and demarcation of responsibilities. On the external, policy side they are: oil and gas legislation; taxation; contracts; and pricing. A list of investment policy and industry structure objectives was defined on the basis of the framework. Much progress has been made and many of the detailed conclusions of the advisers' report have been implemented. Many difficult issues remain to be dealt with, however. These include considerable tension between the Russian Federal government and the regional governments, between production associations and their local governments, and over the domestic price of oil and oil products. (UK)

Vertcal integration: origins of oil industry integration

International Nuclear Information System (INIS)

Rainbow, R.

2001-01-01

This article examines the structure of the US oil industry in relation to the history of the industry, capital market assumptions, and advice on the enhancement of 'shareholder value'. The driving forces behind the attempts to establish cartels and vertical integration are considered, and the emergence of US companies resulting from the break-up of the Standard Oil Trust cartel, the influence of costs and logistics on the structure of the industry outside the USA , and the structure of the natural gas industry are discussed along with the discovery of large Middle East oil reserves, the enormous growth in demand for oil products in Europe and Japan, and the formation of the OPEC cartel. Details are given of the breaking down of vertical integration in the big oil companies, the theory of conglomerates, the success of big companies, the importance of scale to balance exploration risks, and the need to adjust in time to shifts in the business environment

A new approach to improving environmental management in the oil and gas industry in Thailand

International Nuclear Information System (INIS)

Uraiphan Wuttishingchai

1997-09-01

This research was undertaken in an attempt to find new environmental approaches, strategies and procedures suitable for the upstream Oil and Gas Industry in Thailand and which would be most applicable (practical and reasonable) and suitable to the situation of the country. Current management frameworks in various developed countries were reviewed, compared and analysed to select criteria most applicable to Thailand. The research has found that Thailand's industry is smaller scale and younger than the others, and its provisions for environmental management are only very basic in comparison. The Department of Mineral Resources (DMR) under the Ministry of Industry is the only key authority directly acting as a 'one-stop-shop' responsible for the upstream oil and gas industry in Thailand. The functions concerned with environmental protection involve the enforcement of Petroleum Acts and Regulations, and safety and environmental standards but, because of the lack of environmental regulations, rules and standards for petroleum development, DMR can not be regarded as an active agency dealing with environmental matters. (author)

Cooperation between Russia and Vietnam in Oil and Gaz Industry

Directory of Open Access Journals (Sweden)

К S Karapetyan

2012-06-01

Full Text Available The article deals with the problems and prospects of Russian-Vietnamese strategic partnership in the oil and gas industry as an example a 30-year practice of «Vietsovpetro». Exploration and production of oil and gas remains to be the most important part of economic and trade relations between two countries. Signed agreement extends the activities of «Vietsovpetro» until 2030, and projects of Russian companies Lukoil, Gazprom and TNK-BP suggests that Russia has managed to interest the Vietnamese side to continue the mutually beneficial cooperation. However, current international realities require the ongoing development of promising new projects, including investment.

Knowledge Based Oil and Gas Industry

OpenAIRE

Sasson, Amir; Blomgren, Atle

2011-01-01

This study presents the Norwegian upstream oil and gas industry (defined as all oil and gasrelated firms located in Norway, regardless of ownership) and evaluates the industry according to the underlying dimensions of a global knowledge hub - cluster attractiveness, education attractiveness, talent attractiveness, R&D and innovation attractiveness, ownership attractiveness, environmental attractiveness and cluster dynamics.

Safety: predominant task in oil and petrochemical industry

Energy Technology Data Exchange (ETDEWEB)

Zuern, G.

1977-01-01

Based on the history of accident statistics in the last years the economic aspects of safety are indicated. Research projects which are discussed in the DGMK-Committee 'Safety in Process Industries' are reported on: statistics concerning the accident situation in the oil industry, research of electrostatic loading of oil products being pumped under operating conditions, evaluation of fire fighting requirements in the oil industry, and the development of a European Model Code of Safe Practice in Oil Installations.

A Survey of the Literature on Local Content Policies in the Oil and Gas Industry in East Africa

Directory of Open Access Journals (Sweden)

Chilenye Nwapi

2016-04-01

Full Text Available Although oil and gas exploration has been going on in East Africa for decades, until recently exploration activities grew more slowly compared to other regions in Africa. Today, there has been a series of oil and gas discoveries in several East African countries, including Kenya, Madagascar, Mozambique, Tanzania and Uganda. Debate is however mounting over what effect the new oil and gas discoveries would have on East Africa, given the trajectory of older oil-producing countries in Africa, particularly Angola, Nigeria and Sudan. The challenge for East Africa is, therefore, how to maximize the potential benefits from the resources to avoid the under-developmental path that these other countries followed. There is general consensus that lack of specialized skills is a major obstacle to Africa’s realization of its resource potentials. One instrument currently being adopted by most oil and gas resource-rich countries (both in and outside Africa to deal with the skills problem and to enhance linkages between the oil and gas sector and other sectors of the economy is the formulation of local content policies (LCPs. Typically, LCPs require companies to give preferential treatment to nationals of the country in which they operate in matters of employment and in the procurement of goods and services. It is believed that this would result in technology transfer and facilitate the ability of the country to take charge of its own development. But LCPs come with certain tradeoffs: Their potential incompatibility with international trade agreements threatens their sustenance; they can create unrealistic expectations capable of discouraging investment; and they are easily prone to corruption. However, there is a strong case for emerging oil and gas-producing East African countries to consider adopting the LCP. The nascent nature of the oil and gas industry in the region means that these countries would not have the technical and even managerial expertise to

Knowledge Based Oil and Gas Industry

Energy Technology Data Exchange (ETDEWEB)

Sasson, Amir; Blomgren, Atle

2011-07-01

This study presents the Norwegian upstream oil and gas industry (defined as all oil and gas related firms located in Norway, regardless of ownership) and evaluates the industry according to the underlying dimensions of a global knowledge hub - cluster attractiveness, education attractiveness, talent attractiveness, RandD and innovation attractiveness, ownership attractiveness, environmental attractiveness and cluster dynamics.(au)

Exchange of researchers of oil substituting energies in EU countries; EU shokoku no sekiyu daitai energy kenkyusha koryu jigyo

Energy Technology Data Exchange (ETDEWEB)

NONE

1996-03-01

In order to further promote smoother introduction of oil substituting energies and development of new energies and energy saving technologies, it was intended to exchange and acquire items of information effective to learn the current state and policy trends on research and development of new energies and energy conservation in the EU countries who are the industrialized countries like Japan and enthusiastic in developing oil substituting energies. Therefore, exchange of researchers was carried out with an objective to contribute to research and development of oil substituting energies by deepening mutual understanding on the development efforts and forming efficient cooperative relationship. The researchers who visited Japan are Dr. Robert Durand (France) and Prof. and Dr. Bruno Scrosati (Italy). Dr. Durand has a great knowledge about fuel cells and storage batteries, and Dr. Scrosati about electrolytes and lithium batteries. Both gentlemen have visited the Agency of Industrial Science and Technology and the Agency of Natural Resources and Energy of the Ministry of International Trade and Industry, NEDO, Toshiba, Sony, Sanyo Electric, Japan Storage Battery, Matsushita Battery Industry, the Industrial Technology Research Institute of Osaka, and Kansai Electric Power Company. Views and information were exchanged and a number of good results were rewarded.

Sustainable electricity generation from oil palm biomass wastes in Malaysia: An industry survey

International Nuclear Information System (INIS)

Umar, Mohd Shaharin; Jennings, Philip; Urmee, Tania

2014-01-01

The biomass wastes from the palm oil industry offer great potential for large-scale power generation in Malaysia. It has been estimated that 85.5% of available biomass in the country comes from oil palm agriculture. The introduction of the FiT (Feed-in Tariff) regime in 2011, which superseded the underperforming SREP (Small Renewable Energy Power) scheme, is expected to catalyse and accelerate the development of the renewable energy industry, including biomass technology. Despite a major overhaul of the market structure under the new scheme, the sustainability of the grid-connected oil palm biomass renewable energy industry downstream components remains questionable. Hence, this paper aims to investigate and analyse the market response to six sustainability-related topics. The research methods include electronic and conventional postal modes to disseminate questionnaires to all of the palm oil producers. The returned questionnaires were then analysed with a statistical tool and inferences were drawn to identify the gaps in the existing policy system. The survey identified several key factors for the government's consideration. - Highlights: • Establishing a fuel collection hub. • Centralising a technology hub facility. • Smart-partnership collaboration for building a large scale biomass plant. • Adopting decentralised generation

The impact of oil-export dependency on a developing country; The case of Algeria

Energy Technology Data Exchange (ETDEWEB)

Heidarian, J. (World Bank, Washington, DC (USA)); Green, R.D. (Howard Univ., Washington, DC (US). Dept. of Economics)

1989-10-01

A large oil export sector is often considered to be a potential spur to diversification and full modernization in third world countries, especially when a central government controls and plans the use of oil revenues with such goals in mind. We evaluate this proposition by developing a 12-equation Keynesian econometric model of the Algerian economy. The model's equations, estimated using ordinary least squares, are robust with strong R-squares, significant t-tests for the independent variables, and reasonable Durbin-Watson statistics. Historical simulations track the true variables rather closely. Our RMSEs (percentage) are in general better than those in most studies of less-developed countries, ranging from 7 to 21%. Our results indicate that there has been a growing dependency of most major economic sectors on oil revenues, both before and after nationalization. Improvements in oil exports will, ceteris paribus, lead to elastic increases in luxury imports and domestic consumption, and inelastic increases in domestic investment. Thus, the goals of diversification, modernization and industrialization will not be met under the current set of policies in Algeria. (author).

Indonesia`s Palm Oil Industrialization: the Resistance of Tanjung Pusaka Villagers, Central Kalimantan Against Palm Oil Industry

OpenAIRE

Wulansari, Ica

2017-01-01

Indonesia`s Palm oil industry is the greatest export commodity in the world. Palm oil industry has been developed since Soeharto`s administration with World Bank`s initiative. Indonesia`s development pattern is modernization which is fully supported by global capitalist agent. Furthermore, the government of Indonesia has issued policies to support this industry and the ease of accessibilty for investor to build in Indonesia. Most of the policies focus on economic interest with lack of attenti...

Canadian oil and gas industry competitiveness and financial performance update 2002

International Nuclear Information System (INIS)

Tertzakian, P.; Baynton, K.

2002-08-01

This report presents an independent assessment of profitability in the upstream Canadian petroleum industry. The upstream sector includes exploration and production of oil and gas reserves. This report offers a historical and a forward looking perspective on the financial performance of the industry in 2001. The performance of the industry is compared with other industries in Canada and around the world. The report is divided into the following 4 sections: (1) how capital flows in the Canadian upstream oil and gas economy, (2) the analysis of sector profitability based on the efficiency of capital flow in section 1, (3) how the profitability of the Canadian upstream oil and gas sector stands up compared to other industries, and (4) appendices and other supplementary information. It was noted that as geologic basins are developed, non-renewable resources continue to become more capital intense, a phenomenon that is very evident in the Western Canada Sedimentary Basin. The industry must provide financial incentives for investors to participate in exploration and development. The return on capital must exceed the cost of capital in order to maintain that incentive. The principal findings of this report include: (1) a higher than average uncertainty and volatility expected in 2003, (2) operating costs vary with production, but finding and developing costs are still increasing, (3) declining conventional reserves, (4) growing non-conventional expenditures, (5) current taxes cut into margins, (6) cost of capital only achievable with firm commodity prices, (7) in comparison to other industries, years 2000 and 2001 are exceptional for the industry with high commodity prices catalyzing returns greater than other countries. tabs., figs

Oil supply security -- Emergency response of IEA countries 2007

Energy Technology Data Exchange (ETDEWEB)

NONE

2007-11-29

When Hurricane Katrina hit the Gulf of Mexico in 2005, the region's oil production and refining infrastructure was devastated and world energy markets were disrupted. The International Energy Agency decided in a matter of days to bring 60 million barrels of additional oil to the market. The emergency response system worked - the collective action helped to stabilise global markets. Since its founding in 1974, oil supply security has been a core mission of the IEA and the Agency has improved its mechanisms to respond to short-term oil supply disruptions. Nevertheless, numerous factors will continue to test the delicate balance of supply and demand. Oil demand growth will continue to accelerate in Asia; oil will be increasingly produced by a shrinking number of countries; and capacities in the supply chain will need to expand. These are just a few of the challenges facing an already tight market. What are the emergency response systems of IEA countries? How are their emergency structures organised? How prepared is the IEA to deal with an oil supply disruption? This publication addresses these questions. It presents another cycle of rigorous reviews of the emergency response mechanisms of IEA member countries. The goal of these reviews is to ensure that the IEA stays ready to respond effectively to oil supply disruptions. This publication also includes overviews of how China, India and countries of Southeast Asia are progressing with domestic policies to improve oil supply security, based on emergency stocks.

Oil supply security -- Emergency response of IEA countries 2007

Energy Technology Data Exchange (ETDEWEB)

NONE

2007-11-29

When Hurricane Katrina hit the Gulf of Mexico in 2005, the region's oil production and refining infrastructure was devastated and world energy markets were disrupted. The International Energy Agency decided in a matter of days to bring 60 million barrels of additional oil to the market. The emergency response system worked - the collective action helped to stabilise global markets. Since its founding in 1974, oil supply security has been a core mission of the IEA and the Agency has improved its mechanisms to respond to short-term oil supply disruptions. Nevertheless, numerous factors will continue to test the delicate balance of supply and demand. Oil demand growth will continue to accelerate in Asia; oil will be increasingly produced by a shrinking number of countries; and capacities in the supply chain will need to expand. These are just a few of the challenges facing an already tight market. What are the emergency response systems of IEA countries? How are their emergency structures organised? How prepared is the IEA to deal with an oil supply disruption? This publication addresses these questions. It presents another cycle of rigorous reviews of the emergency response mechanisms of IEA member countries. The goal of these reviews is to ensure that the IEA stays ready to respond effectively to oil supply disruptions. This publication also includes overviews of how China, India and countries of Southeast Asia are progressing with domestic policies to improve oil supply security, based on emergency stocks.

The Viability of the Oil and Gas Industry within the Former Soviet Union, excluding Kazakhstan

Energy Technology Data Exchange (ETDEWEB)

Coish, J.; Pyne, M.

2004-01-15

The former Soviet Union (FSU) has huge potential in the future of the world's oil and gas industry. The FSU includes some of the biggest producers and consumers of oil and gas in the world, and many of these countries include areas that lie untouched or explored. FSU territory also surrounds the Caspian Sea, which is itself a hotbed of activity in the oil and gas industry. The Caspian alone is important to world energy markets because of its own potential for oil and gas production and export, and this adds to the overall potential of the FSU. The FSU has been moving towards a free market economy since the fall of communism in the early 90's, and as such, is becoming a much more attractive area for foreign companies to operate. The FSU countries still requires foreign investment for their respective industries, and some of them have even put into place legislation to provide benefits to foreign investors. There are many types of foreign investment required in the FSU. Much of the infrastructure already in place is old and dilapidated, and requires maintenance and improvement. As well, new equipment and technologies for exploration and production are required to tap the oil and gas resources that lie in inconvenient locations. Finally, transportation of the oil and gas is a major issue here, as many of the fields are in hard to reach areas, and thus pipeline projects are increasing. Since the fall of communism, the FSU has been opening its doors more and more to foreign investors eager to bite into the huge market, and many of the largest oil and gas companies in the world are already operating there. The industries are still young to foreign investment, however, and those companies who get their foot in the door early, will be able to reap the benefits for years to come.

An Industrial Cloud: Integrated Operations in Oil and Gas in the Norwegian Continental Shelf

Science.gov (United States)

Rong, Chunming

Cloud computing may provide the long waiting technologies and methodologies for large scale industrial collaboration across disciplines and enterprise boundaries. Industrial cloud is introduced as a new inter-enterprise integration concept in cloud computing. Motivations and advantages are given by a practical exploration of the concept from the perspective of the on-going effort by the Norwegian oil and gas industry to build industry wide information integration and collaboration. ISO15926 is recognized as a standard enabling cross boundaries data integration and processing.

Results of industrial tests of carbonate additive to fuel oil

Science.gov (United States)

Zvereva, E. R.; Dmitriev, A. V.; Shageev, M. F.; Akhmetvalieva, G. R.

2017-08-01

Fuel oil plays an important role in the energy balance of our country. The quality of fuel oil significantly affects the conditions of its transport, storage, and combustion; release of contaminants to atmosphere; and the operation of main and auxiliary facilities of HPPs. According to the Energy Strategy of Russia for the Period until 2030, the oil-refining ratio gradually increases; as a result, the fraction of straight-run fuel oil in heavy fuel oils consistently decreases, which leads to the worsening of performance characteristics of fuel oil. Consequently, the problem of the increase in the quality of residual fuel oil is quite topical. In this paper, it is suggested to treat fuel oil by additives during its combustion, which would provide the improvement of ecological and economic indicators of oil-fired HPPs. Advantages of this method include simplicity of implementation, low energy and capital expenses, and the possibility to use production waste as additives. In the paper, the results are presented of industrial tests of the combustion of fuel oil with the additive of dewatered carbonate sludge, which is formed during coagulation and lime treatment of environmental waters on HPPs. The design of a volume delivery device is developed for the steady additive input to the boiler air duct. The values are given for the main parameters of the condition of a TGM-84B boiler plant. The mechanism of action of dewatered carbonate sludge on sulfur oxides, which are formed during fuel oil combustion, is considered. Results of industrial tests indicate the decrease in the mass fraction of discharged sulfur oxides by 36.5%. Evaluation of the prevented damage from sulfur oxide discharged into atmospheric air shows that the combustion of the fuel oil of 100 brand using carbonate sludge as an additive (0.1 wt %) saves nearly 6 million rubles a year during environmental actions at the consumption of fuel oil of 138240 t/year.

Multinationals and global climate change. Issues for the automotive and oil industries

International Nuclear Information System (INIS)

Kolk, A.; Levy, D.

2003-01-01

This chapter analyzes the strategic responses by U.S. and European multinational enterprises (MNEs) in the oil and automobile industries to the global climate change issue. We examine and attempt to explain the differences across regions, across industries, and the changes over time. Traditional economic drivers of strategy do not provide a satisfactory account for these differences, and the chapter focuses instead on the conflicting institutional pressures on MNEs and the implications for their climate strategy. The home-country institutional context and individual corporate histories can create divergent pressures on strategy for MNEs based in different countries. At the same time, the location of MNEs in global industries and their participation in 'global issues arenas' such as climate change generate institutional forces for strategic convergence. It appears that local context influenced initial corporate reactions, but that convergent pressures predominate as the issue matures

The Party's Over: Oil, War And The Fate Of Industrial Societies

International Nuclear Information System (INIS)

Heinberg, R.

2008-01-01

The world is about to run out of cheap oil and change dramatically. Within the next few years, global production will peak. Thereafter, even if industrial societies begin to switch to alternative energy sources, they will have less net energy each year to do all the work essential to the survival of complex societies. We are entering a new era, as different from the industrial era as the latter was from medieval times. In 'The Party's Over', Richard Heinberg places this momentous transition in historical context, showing how industrialism arose from the harnessing of fossil fuels, how competition to control access to oil shaped the geopolitics of the twentieth century and how contention for dwindling energy resources in the twenty-first century will lead to resource wars in the Middle East, Central Asia and South America. He describes the likely impacts of oil depletion and all of the energy alternatives. Predicting chaos unless the United States-the world's foremost oil consumer-is willing to join with other countries to implement a global program of resource conservation and sharing, he also recommends a 'managed collapse' that might make way for a slower-paced, low-energy, sustainable society in the future. More readable than other accounts of this issue, with fuller discussion of the context, social implications and recommendations for personal, community, national and global action, Heinberg's updated book is a riveting wake-up call for human-kind as the oil era winds down, and a critical tool for understanding and influencing current US foreign policy

Cross-correlations between crude oil and exchange markets for selected oil rich economies

Science.gov (United States)

Li, Jianfeng; Lu, Xinsheng; Zhou, Ying

2016-07-01

Using multifractal detrended cross-correlation analysis (MF-DCCA), this paper studies the cross-correlation behavior between crude oil market and five selected exchange rate markets. The dataset covers the period of January 1,1996-December 31,2014, and contains 4,633 observations for each of the series, including daily closing prices of crude oil, Australian Dollars, Canadian Dollars, Mexican Pesos, Russian Rubles, and South African Rand. Our empirical results obtained from cross-correlation statistic and cross-correlation coefficient have confirmed the existence of cross-correlations, and the MF-DCCA results have demonstrated a strong multifractality between cross-correlated crude oil market and exchange rate markets in both short term and long term. Using rolling window analysis, we have also found the persistent cross-correlations between the exchange rates and crude oil returns, and the cross-correlation scaling exponents exhibit volatility during some time periods due to its sensitivity to sudden events.

78 FR 52213 - Certain Oil Country Tubular Goods From India, Korea, the Philippines, Saudi Arabia, Taiwan...

Science.gov (United States)

2013-08-22

... (Preliminary)] Certain Oil Country Tubular Goods From India, Korea, the Philippines, Saudi Arabia, Taiwan...), that there is a reasonable indication that an industry in the United States is materially injured by reason of imports from India, Korea, the Philippines, Saudi Arabia, Taiwan, Thailand, Turkey, Ukraine...

Corporate Social Responsibility in the Angolan Oil Industry

OpenAIRE

Arne Wiig

2005-01-01

What are the responsibility of oil companies in resource rich countries? Do they take these responsibilities? Based on a utilitarian perspective and theories of the resource curse, we discuss the oil companies' corporate social responsibility (CSR) when a resource rich country such as Angola lacks accountable public institutions. We also analyse the type of responsibility oil companies take and factors driving corporate social responsibility. From undertaking a survey among oil service firms ...

Relaxation of cntrol of oil industries in Europe

Energy Technology Data Exchange (ETDEWEB)

Sugimura, Nobuaki [The Inst. of Energy Economics, Tokyo, (Japan)

1989-03-01

This article summarizes the results of a survey including field surveys on the actual states and trends of relaxation of the control of oil industries in EC states. In classifying EC states by the degree of the government influence over the industries of oil refining and distribution, there are the group consisting of UK, West Germany and France, etc. where no control is imposed on individual oil companies in the fields of quantity and price of oil, the group consisting of Italy, etc. where no control exists on quantity, but price is partially controlled, and the group consisting of Spain and Greece, etc. where the government controls both quantity and price at the present stage although they are pushing relaxation of such control in accordance with the terms and conditions at the time of their entry to EC. The oil policy of EC is to remove as far as possible interferences of the governments and open its oil market free. This and the trend of over supply of oil since 1980 are two major factors of relaxation of oil industries control in Europe. The author considers it desirable that the oil industries in Japan should withstand international competitions by their inventiveness, creativity and effort, and importation of oil products should be held at a supplementary degree in view of their characters. 2 refs., 1 fig., 4 tabs.

The third oil shock: The effects of lower oil prices

Energy Technology Data Exchange (ETDEWEB)

Pearce, J

1983-01-01

This book assesses how oil prices have affected other elements of the economy and assesses the costs and benefits that could result from lower oil prices for different groups of countries. The book also analyses the extent of OPEC's influence, the consumers countries' needs for energy security and the altered role of the oil industry.

Improving reservoir history matching of EM heated heavy oil reservoirs via cross-well seismic tomography

KAUST Repository

Katterbauer, Klemens

2014-01-01

Enhanced recovery methods have become significant in the industry\\'s drive to increase recovery rates from oil and gas reservoirs. For heavy oil reservoirs, the immobility of the oil at reservoir temperatures, caused by its high viscosity, limits the recovery rates and strains the economic viability of these fields. While thermal recovery methods, such as steam injection or THAI, have extensively been applied in the field, their success has so far been limited due to prohibitive heat losses and the difficulty in controlling the combustion process. Electromagnetic (EM) heating via high-frequency EM radiation has attracted attention due to its wide applicability in different environments, its efficiency, and the improved controllability of the heating process. While becoming a promising technology for heavy oil recovery, its effect on overall reservoir production and fluid displacements are poorly understood. Reservoir history matching has become a vital tool for the oil & gas industry to increase recovery rates. Limited research has been undertaken so far to capture the nonlinear reservoir dynamics and significantly varying flow rates for thermally heated heavy oil reservoir that may notably change production rates and render conventional history matching frameworks more challenging. We present a new history matching framework for EM heated heavy oil reservoirs incorporating cross-well seismic imaging. Interfacing an EM heating solver to a reservoir simulator via Andrade’s equation, we couple the system to an ensemble Kalman filter based history matching framework incorporating a cross-well seismic survey module. With increasing power levels and heating applied to the heavy oil reservoirs, reservoir dynamics change considerably and may lead to widely differing production forecasts and increased uncertainty. We have shown that the incorporation of seismic observations into the EnKF framework can significantly enhance reservoir simulations, decrease forecasting

Changing patterns in world oil supplies

Energy Technology Data Exchange (ETDEWEB)

Khane, A R; Bischoff, G

1979-03-01

The aim of the oil countries to industrialize in as short a period as possible is discussed in a dialogue with Dr. Khane. The topics of the oil price rises, the price rises for industrial plant, worldwide unemployment, the standard of living and the excess capacities in industrial countries are also discussed.

The economics of Australia's oil and gas industry

International Nuclear Information System (INIS)

McDonald, Rob

1994-01-01

This article evaluates the performance of the Australian oil and gas industry, focusing on the listed companies. A large part of the Australian oil and gas industry-(as much as 60 per cent)-is held by unlisted companies or by major international groups not listed in Australia. Nevertheless, it was considered that the sample of companies reviewed gives a reasonable guide to overall industry performance. Also, as part of this relative analysis, the Australian oil and gas industry will be compared to other investments that shareholders could have enjoyed. As well, its performance will be compared with the much larger industry in the United States. It is shown that over the past 10 to 20 years, the rate of return that the Australian oil and gas industry has offered to providers of equity capital has been less than industry expectations. While it was a better performer than the smaller US companies, it lagged substantially behind the major three sectors of the US index, which are international integrated gas distribution and domestic. 10 figs

Oil prices, fiscal policy, and economic growth in oil-exporting countries

Science.gov (United States)

El-Anshasy, Amany A.

This dissertation argues that in oil-exporting countries fiscal policy could play an important role in transmitting the oil shocks to the economy and that the indirect effects of the changes in oil prices via the fiscal channel could be quite significant. The study comprises three distinct, yet related, essays. In the first essay, I try to study the fiscal policy response to the changes in oil prices and to their growing volatility. In a dynamic general equilibrium framework, a fiscal policy reaction function is derived and is empirically tested for a panel of 15 oil-exporters covering the period 1970--2000. After the link between oil price shocks and fiscal policy is established, the second essay tries to investigate the impact of the highly volatile oil prices on economic growth for the same sample, controlling for the fiscal channel. In both essays the study employs recent dynamic panel-data estimation techniques: System GMM. This approach has the potential advantages of minimizing the bias resulting from estimating dynamic panel models, exploiting the time series properties of the data, controlling for the unobserved country-specific effects, and correcting for any simultaneity bias. In the third essay, I focus on the case of Venezuela for the period 1950--2001. The recent developments in the cointegrating vector autoregression, CVAR technique is applied to provide a suitable framework for analyzing the short-run dynamics and the long-run relationships among oil prices, government revenues, government consumption, investment, and output.

EC environmental legislation and the European oil industry

International Nuclear Information System (INIS)

Luding, W.G.

1993-01-01

EUROPIA has 32 ordinary member companies which own and operate more than 95% of EC refining capacity, plus three associate member companies from EFTA countries. A large part of EUROPIA's efforts is devoted to environmental issues. Among its initial actions, EUROPIA developed Guiding Principles for environmental management which have been adopted by all member companies. This article can only highlight some of the key areas of EC environmental policy of interest to the oil industry. Most of the comments will refer to air pollution issues but, of course, water and ground pollution and waste are equally important subjects. (orig./HS)

Trade liberalization and tax reform strategies: The case of the Korean oil industry

International Nuclear Information System (INIS)

Shim, Kieun; Jung, Yonghun

2012-01-01

The decline in government revenues due to tariff reductions has become a major concern for most developing countries, including Korea. This paper focuses on the Korean oil industry to examine which post-trade liberalization tax reform strategy is optimal, depending on the government's priority between social welfare and government revenue. We find that the important factors for choosing an optimal tax reform policy are price elasticity of demand and market competition. Based on a price-inelastic demand and the low competitive market for Korea's oil industry, if the goal of a tax reform policy is to increase social welfare, the recommended strategy is to raise the consumption tax by a scale of less than the sum of tariff cuts times the crude oil price and oil import tax cuts. This strategy would also reduce inflation, but it could be detrimental to government revenue. However, if the policy's goal is the preservation of government revenue, the recommended strategy is to raise the consumption tax by a scale equal to the sum of tariff cuts times the crude oil price at the pre-tax reform and oil import tax cuts. This strategy does not change either government revenue or social welfare. - Highlights: ▶ Which post-trade liberalization tax reform is optimal for Korea's oil industry? ▶ Both final and intermediate markets are modeled under imperfect competition. ▶ Both price elasticity and market competition are important for an optimal tax reform. ▶ The optimal tax reform depends on the priority between welfare and government revenue.

Operational Aspects of Fiscal Policy in Oil-Producing Countries

OpenAIRE

Steven A Barnett; Rolando Ossowski

2002-01-01

Oil-producing countries face challenges arising from the fact that oil revenue is exhaustible, volatile, and uncertain, and largely originates from abroad. Reflecting these challenges, the paper proposes some important general principles for the formulation and assessment of fiscal policy in these countries. The main findings can be summarized in some key guidelines: the non-oil balance should feature prominently in the formulation of fiscal policy; it should generally be adjusted gradually; ...

Examining the Effect of Company’s Size and Resources on the Relationship between Stakeholders’ Pressure and Environmental Strategies in the Malaysian Palm Oil Industry

OpenAIRE

Mohd Rafi Yaacob; Mohd Nor Hakimin Yusoff

2011-01-01

Palm oil is one of the most important commodity exports for Malaysia. This industry contributes billions of ringgit to the country. In terms on number of employment half a million people involved in the industry. Due to its contribution, oil palm is known as a golden crop of Malaysia. Over the last four decades more and more plantation areas have been developed in the country. But nevertheless, the disproportionate expansion of this monoculture crops contributes to environmental degradations ...

Development challenges of resource-rich countries: the case of oil ...

African Journals Online (AJOL)

This paper discusses some of the challenges that confront oil-rich developing countries in their development quest. It stresses that one of the surest ways governments in oil-rich developing countries have at their disposal to avoid the so-called curse of oil is through the insulation of fiscal policy from the volatility associated ...

Multinationals and global climate change. Issues for the automotive and oil industries

Energy Technology Data Exchange (ETDEWEB)

Kolk, A.; Levy, D.

2003-07-01

This chapter analyzes the strategic responses by U.S. and European multinational enterprises (MNEs) in the oil and automobile industries to the global climate change issue. We examine and attempt to explain the differences across regions, across industries, and the changes over time. Traditional economic drivers of strategy do not provide a satisfactory account for these differences, and the chapter focuses instead on the conflicting institutional pressures on MNEs and the implications for their climate strategy. The home-country institutional context and individual corporate histories can create divergent pressures on strategy for MNEs based in different countries. At the same time, the location of MNEs in global industries and their participation in 'global issues arenas' such as climate change generate institutional forces for strategic convergence. It appears that local context influenced initial corporate reactions, but that convergent pressures predominate as the issue matures.

The asymmetric relationship between oil revenues and economic activities: The case of oil-exporting countries

International Nuclear Information System (INIS)

Mehrara, Mohsen

2008-01-01

This paper examines the nonlinear or asymmetric relationship between oil revenues and output growth in oil-exporting countries, applying a dynamic panel framework and two different measures of oil shocks. The main results in this paper confirm the stylized facts that in heavily oil-dependent countries lacking the institutional mechanisms de-linking fiscal expenditure from current revenue, oil revenue shocks tend to affect the output in asymmetric and nonlinear ways. The findings suggest that output growth is adversely affected by the negative oil shocks, while oil booms or the positive oil shocks play a limited role in stimulating economic growth. The findings have practical policy implications for decision makers in the area of macroeconomic planning. The use of stabilization and savings funds and diversification of the real sector seems crucial to minimize the harmful effects of oil booms and busts

The economic growth of oil countries

International Nuclear Information System (INIS)

Arbod, G.

2007-02-01

The literature tries to apprehend the weakness of the economic growth of oil culminates by the assumption of ousted growth factors. In the Dutch Disease models the non-oil exporting sector would be ousted whereas in the analyses in terms of economic policies it would be the efficient economic policies. We consider the phenomenon through the growth theories, the oil income being regarded as an additional exogenous income for the economy. In this manner the growth dynamic of oil countries, even the most unfavourable, can be modelled without utilizing any concept of economic inefficiency. The last part of our work is devoted to the Saudi economy. After having developed a macro-econometric model, and using scenarios of oil prices, we lead a forecasted analysis of this economy. (author)

Oil and gas industry, exploration and development

International Nuclear Information System (INIS)

Appert, O.

1998-01-01

A consistent investment boost on exploration and development, the favourable prospects connected with technological improvement, the opening of virgin areas of exploration are all factors granting extraordinary opportunities for the oil and gas industry. However, environmental constraints relevant to emission standards and products quality are also growing and will be increasingly binding upon both oil and car industries [it

AGRO-INDUSTRIAL WASTE SUSTAINABLE MANAGEMENT – A POTENTIAL SOURCE OF ECONOMIC BENEFITS TO PALM OIL MILLS IN MALAYSIA

Directory of Open Access Journals (Sweden)

Wai Loan Liew

2017-01-01

Full Text Available Over the decades the palm oil industry has managed some challen ging environmental concerns regarding land transformation and degradation, increas e in eutrophication, changing habitats of wildlife, pesticides runoff into inland wa tercourses, and probable climate change. Countries producing palm oil desire to do so in a more sustainable way that will leave the environment evergreen. Therefore this paper aims to encourage sustainable management of agro-industrial waste and its potenti al in making financial returns from the same waste. Hence, the study was conducted with the participation of seven local palm oil mills having different capacities and oper ation age. Attention was given to milling waste as they could cause serious environmenta l menace if unattended to properly. Milling waste includ es lignocellulosic palm biomas s namely the empty fruit bunches (EFB, oil palm shell (OPS, mesocarp fibres, pal m oil mill effluent (POME, and palm oil mill sludge (POMS, as well as solid waste generated from the further processing of these biomass into the palm oil fuel ashe s (POFA and palm oil clinkers (POC. The opportunities available to the Malaysian pa lm oil industry and the financial benefits which may accr ue from waste generated during palm oil production process cannot be over emphasized.

Productivity convergence across industries and countries : The importance of theory-based measurement

NARCIS (Netherlands)

Inklaar, R.; Timmer, M.P.

Cross-country studies of economic growth have been hampered by the scarcity of reliable data on productivity at the industry level; see Bernard and Jones [American Economic Review, 91 (4) (2001) 1168-1169] and Rogerson [Journal of Political Economy, 116 (2) (2008), 235-259]. We bring together

Competitiveness of Halal Industry in Maghreb Countries

Directory of Open Access Journals (Sweden)

Mohammed Rizki Moi

2016-06-01

Full Text Available To ensure that the countries produce halal products in order to remain in the international market, then they must make sure that they remain competitive in the market. Therefore, this study was to measure the competitiveness of the halal industry in the Maghreb countries which consist of five countries, namely Algeria, Libya, Mauritania, Morocco and Tunisia. The methodology of this study was using halal market share in the country and revealed comparative advantage (RCA. The study found that Mauritania is the most competitive country for halal industry because of it has the highest RCA value and followed by Morocco and Tunisia. While the countries that have lower competitiveness are Algeria and Libya. Therefore, the government and industry should plays a role to improve the competitiveness of their national halal industry and to ensure they remain competitive in the international halal market.

Oil concession agreements and the evolution of the oil industry in the UAE

International Nuclear Information System (INIS)

Rizvi, S.N.A.

1993-01-01

A historical and analytical development of the oil industry in the United Arab Emirates (UAE) is presented in this paper. Oil concession agreements are identified and examined in three distinct groups: old agreements, new agreements and participation agreements. Oil discoveries and production in other Emirates are also described. The gradual acquisition of control over these industries by their respective governments is a key feature of the paper. (UK)

Strategic alliances in oil and gas industry

International Nuclear Information System (INIS)

Crump, J.G.

1998-01-01

A competitor today is an ally tomorrow. A strategic partner in one market is an adversary in another. In this radically new way of doing business, the oil and gas industry seems quite at home. The trend to mergers is not unique to the oil industry, what is unique is the knack of petroleum companies to form strategic alliances [it

Comparative Advantage, Exchange Rates, and Sectoral Trade Balances of Major Industrial Countries

OpenAIRE

Stephen S. Golub

1994-01-01

This paper uses a Ricardian framework to clarify the role of microeconomic and macroeconomic factors governing the time-series and cross-sectional behavior of sectoral trade balances. Unit labor costs and trade balances are calculated for several sectors for the seven major industrial countries. The time-series and cross-sectional variation in sectoral unit labor costs is decomposed into relative productivity, wage differentials, and exchange rate variations. The main findings are that change...

Ethos and industry: a critical study of oil industry advertising from 1974-1984

Energy Technology Data Exchange (ETDEWEB)

Kurzbard, G.

1984-01-01

This study examines the advocacy advertising of the oil industry in general, and Mobil and Exxon Corporations in particular, during the years 1974-1984. The prospects of divestiture and nationalization of the industry, as a result of both gasoline shortages and exponential increases in profits which begin in the early seventies', created a profound concern by the majors that increasing public disaffection might result in legislation inimical to the industry. Mobil and Exxon's advertising attempted to provide a justification not only for their own operations, but for the entire American socio-economic system. The industry's value system was clearly reflected in its efforts to convince the public that its motives grew from an abiding commitment to the nation's well-being. The ideational underpinnings of oil industry discourse are traced through a rhetorical exploration of specific advertising campaigns. The study maintains that the weltanschauung of Big Oil is both directly and indirectly manifest in its advertising. An overall assessment of oil industry advertising is provided within a Burkean framework to treat of the textural elements of its discourse.

The implications of the revival of the oil industry in Azerbaijan

International Nuclear Information System (INIS)

Hemming, J.

1998-06-01

Azerbaijan is at the centre of much international attention, given both its geographical position at the cross-roads of Europe and Asia, Russia and the Middle East and its potentially huge oil reserves. Its neighbours who control transportation routes are in a position to earn valuable transit fees and exert considerable leverage, and countries further afield see benefits as customers, producers and processors of the potential wealth. An account of Azerbaijan's international relations and their likely future direction, in particular with the country's major neighbours, Russia, Turkey and Iran, is given. In the process, the major factors which have an impact on those relations are considered. They are: the development of Azerbaijan's independence; the magnitude of the oil and gas reserves and their potential; obstacles to the development of the reserves in the light of international ramifications with particular reference to the status of the Caspian Sea and the questions of pipeline routes. [3 figures; 2 tables; 40 references]. (UK)

Analysis of oil export dependency of MENA countries: Drivers, trends and prospects

Energy Technology Data Exchange (ETDEWEB)

Bhattacharyya, Subhes C.; Blake, Andon [CEPMLP, University of Dundee, Dundee DD1 4HN, Scotland (United Kingdom)

2010-02-15

The purpose of this paper is to analyse how oil export dependencies of Middle East and North African (MENA) oil producers have evolved over the past two decades and to identify the main driving factors from an energy policy perspective. The paper expresses the oil export dependency of each economy in terms of a multiplicative identity that captures effective export price, export to primary oil supply ratio, oil dependency and oil export intensity of the country. Using the data for 1980-2006, the evolution in these factors is investigated for seven MENA countries and the influence of the above factors is decomposed using the Laspeyres index. The analysis shows that energy price and increasing energy intensity in the MENA countries have influenced the overall oil export dependency. Reducing the energy intensity can improve oil export revenue share to GDP by 5-10% in most of the countries while Iran can gain significantly by increasing its export volume. (author)

Analysis of oil export dependency of MENA countries: Drivers, trends and prospects

International Nuclear Information System (INIS)

Bhattacharyya, Subhes C.; Blake, Andon

2010-01-01

The purpose of this paper is to analyse how oil export dependencies of Middle East and North African (MENA) oil producers have evolved over the past two decades and to identify the main driving factors from an energy policy perspective. The paper expresses the oil export dependency of each economy in terms of a multiplicative identity that captures effective export price, export to primary oil supply ratio, oil dependency and oil export intensity of the country. Using the data for 1980-2006, the evolution in these factors is investigated for seven MENA countries and the influence of the above factors is decomposed using the Laspeyres index. The analysis shows that energy price and increasing energy intensity in the MENA countries have influenced the overall oil export dependency. Reducing the energy intensity can improve oil export revenue share to GDP by 5-10% in most of the countries while Iran can gain significantly by increasing its export volume. (author)

Effects of oil production on economic growth in Eurasian countries: Panel ARDL approach

International Nuclear Information System (INIS)

Bildirici, Melike Elif; Kayıkçı, Fazıl

2013-01-01

This study aims at analyzing the relationship between oil production and economic growth in major oil exporting Eurasian countries; Azerbaijan, Kazakhstan, Russian Federation and Turkmenistan for 1993–2010 periods. Empirical results reveal that oil production and economic growth are cointegrated for these countries. Furthermore, there is positive bi-directional causality between oil production and economic growth both in the long run and in the short run which supports the policies about investing in energy infrastructure. -- Highlights: ► Causality between economic growth and oil production is important for energy policies. ► Oil production and GDP are cointegrated for four oil exporting Eurasian countries. ► There is positive bi-directional causality between oil production and economic growth for these countries.

Assessment of industry needs for oil shale research and development

Energy Technology Data Exchange (ETDEWEB)

Hackworth, J.H.

1987-05-01

Thirty-one industry people were contacted to provide input on oil shale in three subject areas. The first area of discussion dealt with industry's view of the shape of the future oil shale industry; the technology, the costs, the participants, the resources used, etc. It assessed the types and scale of the technologies that will form the industry, and how the US resource will be used. The second subject examined oil shale R D needs and priorities and potential new areas of research. The third area of discussion sought industry comments on what they felt should be the role of the DOE (and in a larger sense the US government) in fostering activities that will lead to a future commercial US oil shale shale industry.

Oil industry outlook, 1991-1995, 7th edition

International Nuclear Information System (INIS)

Beck, R.J.

1990-01-01

This book provides the reader with a more detailed view of worldwide issues, especially in the mid-east, and their effects on the oil industry as well as a look at the domestic oil and gas industry. This book presents three separate scenarios with respect to the situation in the Middle East, each reflecting varying lengths of time the crisis might continue. Keeping these various scenarios in mid the author prepares logical supply/demand forecasts for all areas of the oil industry for each time frame. Key statistics are easily located in the tables and graphs provided for analysis. And the final touch. A forecast for the year 2000. A must read for any energy industry professional who wants to be ahead of the game

Integrated process for the removal of emulsified oils from effluents in the steel industry

Energy Technology Data Exchange (ETDEWEB)

Benito, J.M.; Rios, G.; Gutierrez, B.; Pazos, C.; Coca, J.

1999-11-01

Emulsified oils contained in aqueous effluents from cold-rolling mills of the steel industry can be effectively removed via an integrated process consisting of a coagulation/flocculation stage followed by ultrafiltration of the resulting aqueous phase. The effects of CaCl{sub 2}, NaOH, and lime on the stability of different industrial effluents were studied in the coagulation experiments. The flocculants tested were inorganic prehydrolyzed aluminum salts and quaternary polyamines. Ultrafiltration of the aqueous phase from the coagulation/flocculation stage was carried out in a stirred cell using Amicon PM30 and XM300 organic membranes. Permeate fluxes were measured for industrial effluents to which the indicated coagulants and flocculants had been added. Oil concentrations in the permeate were 75% lower than the limits established by all European Union countries. Complete regeneration of the membrane was accomplished with an aqueous solution of a commercial detergent.

Volatile organic compounds - an oil industry perspective

International Nuclear Information System (INIS)

Lewis, P.A.

1996-01-01

This article is written on behalf of UK Petroleum Industry Association. It outlines action already taken or planned to control and reduce VOC emissions and puts this into context with recent work undertaken by the European Commission, with the Auto and Oil Industries, to define further cost effective measures required to meet Air quality targets by 2010. The paper also gives an Oil Industry perspective on the risks associated with low-level exposure to benzene and measures to reduce the public's exposure to this substance. (author) 1 fig., 6 refs

Harnessing the potential - Atlantic Canada's oil and gas industry : Newfoundland Ocean Industries special releases or publications

International Nuclear Information System (INIS)

1998-07-01

A comprehensive overview of Atlantic Canada's oil and gas industry is presented, demonstrating the importance of oil and gas resources and their related industries to Atlantic Canada. The objective of the report is to provide a basis for a strategy to optimize opportunities within the region from the oil and gas sector. The report reviews the current status of the industry, including the region's resource potential and the oil and gas developments currently underway. The evolution of the oil and gas industry is discussed in terms of value chain components. A broad assessment of the region's supply, labour force, infrastructure, training, and research and development capabilities is presented, followed by a description of the industry's potential, its regulatory framework and the barriers and constraints affecting industry development. Appendices contain a chronological history of major events in Atlantic Canada's oil and gas industry (Appendix A); and overview of the Atlantic Accord and the Canada-Nova Scotia Accord's equalization offset provisions (Appendix B); a value chain matrix, detailing some 60 categories of industry requirements and a capsule assessment of the region's ability to meet them (Appendix C); and a listing of research and development institutions in Atlantic Canada, including their areas of specialization (Appendix D)

Exploring crude oil production and export capacity of the OPEC Middle East countries

International Nuclear Information System (INIS)

Matsumoto, Ken'ichi; Voudouris, Vlasios; Stasinopoulos, Dimitrios; Rigby, Robert; Di Maio, Carlo

2012-01-01

As the world economy highly depends on crude oil, it is important to understand the dynamics of crude oil production and export capacity of major oil-exporting countries. Since crude oil resources are predominately located in the OPEC Middle East, these countries are expected to have significant leverage in the world crude oil markets by taking into account a range of uncertainties. In this study, we develop a scenario for crude oil export and production using the ACEGES model considering uncertainties in the resource limits, demand growth, production growth, and peak/decline point. The results indicate that the country-specific peak of both crude oil export and production comes in the early this century in the OPEC Middle East countries. On the other hand, they occupy most of the world export and production before and after the peak points. Consequently, these countries are expected to be the key group in the world crude oil markets. We also find that the gap between the world crude oil demand and production broadens over time, meaning that the acceleration of the development of ultra-deep-water oil, oil sands, and extra-heavy oil will be required if the world continuous to heavily rely on oil products. - Highlights: ► We simulate the future scenario of crude oil export and production using ACEGES. ► The simulated results are analyzed using the GAMLSS framework. ► The peak points of oil export and production will come early in this century. ► The OPCE Middle East will produce most of the world crude oil in the near future. ► These countries will continuously be the key players in the crude oil markets.

Oil market in the 1990s: implications for ESCWA countries

International Nuclear Information System (INIS)

Gault, J.; Karbassioun, B.

1992-01-01

This paper, prepared for the ESCWA Expert Group Meeting in Amman, Jordan, 20-23 November 1989, concerns the outlook for oil markets in the coming decade and the implications of certain market trends for the ESCWA countries, including both the energy exporting and energy importing members of ESCWA. It is argued that increasing oil consumption may well bring world oil production close to physical capacity before the end of the 1990s, thereby provoking an increase in real oil prices. It is further argued that the uncertainty surrounding this scenario is asymmetric; it is more likely that real oil prices will rise than that they will remain stable or fall. Other major trends, including enhanced worldwide concern for the environment and the bilateralization of world trade, also will affect ESCWA countries. The authors conclude that member countries should expand petroleum exploration activities, improve the operating efficiency of their national oil companies, bring domestic energy prices into line with world markets, expand natural gas development and marketing efforts, participate in multilateral trade negotiations, and expand co-ordination in all energy matters. (Author)

The Mexican oil industry

International Nuclear Information System (INIS)

Marcos-Giacoman, E.

1991-01-01

In the environment of growing domestic demand and enhanced international competitiveness, Petroleos Mexicanos (PEMEX)-the Mexican national oil company-faces the challenge of not only responding adequately to the rapid changes taking place in the Mexican economy, but making a significant contribution towards solid and stable growth. This paper reports that the relevant concern is how PEMEX is going to live up to these expectations. The Mexican oil industry, especially including the petrochemical sector, has great potential in terms of an ample domestic market as well as external foreign-currency-generating markets

Country impacts of multilateral oil sanctions

International Nuclear Information System (INIS)

Canes, M.E.

2000-01-01

In recent years, economic sanctions have become an important tool in the conduct of U.S. foreign policy. Though usually aimed at a single country, they also can affect the economics of other nations. Knowledge of such impacts would inform U.S. policy-makers as to which other countries might be helped or harmed, and help predict which other nations likely would support or oppose the sanctions. This article presents results relating to the imposition of sanctions in the oil market. These results are obtained from exercising a dynamic computable general equilibrium model built by Charles River Associates under sponsorship of the American Petroleum Institute. The model is used to analyze GDP effects on a number of countries from multilateral oil sanctions against Iraq. The results suggest that it is possible to provide useful information regarding the impact of sanctions as a foreign policy tool. However, they also indicate that sanctions can be expensive, with substantial spillover effects. Though sanctions may be appropriate policy choice in given instances, these effects should be incorporated into foreign policy analyses. (author)

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

Eastern Europe major opportunity for oil industry

International Nuclear Information System (INIS)

Kohlmorgen, T.

1991-01-01

The joint effort to overcome the political, technical, and commercial obstacles to adequate energy supply in Eastern Europe may pose one of the biggest entrepreneurial challenges of the decades to come. This article focuses on the former East Germany and Poland, Czechoslovakia, and Hungary. They are the markets most likely to be developed in the near future. The best data are available on East Germany. Therefore, the forecast material will concentrate on that region. But the trends seen there will apply to the other countries, keeping in mind though, that East Germany was regarded as the most advanced member of the Former East Bloc in industrial development. A look at some key economic data reveals the potential of the oil markets. Looking at per capita energy consumption, these countries were real world champions. In view of the low standard of living, this is the yardstick of living, this is the yardstick for an unbelievable waste of scarce resources and indicates a total lack of respect for the environment

Decomposition analysis of CO2 emission intensity between oil-producing and non-oil-producing sub-Saharan African countries

International Nuclear Information System (INIS)

Ebohon, Obas John; Ikeme, Anthony Jekwu

2006-01-01

The need to decompose CO 2 emission intensity is predicated upon the need for effective climate change mitigation and adaptation policies. Such analysis enables key variables that instigate CO 2 emission intensity to be identified while at the same time providing opportunities to verify the mitigation and adaptation capacities of countries. However, most CO 2 decomposition analysis has been conducted for the developed economies and little attention has been paid to sub-Saharan Africa. The need for such an analysis for SSA is overwhelming for several reasons. Firstly, the region is amongst the most vulnerable to climate change. Secondly, there are disparities in the amount and composition of energy consumption and the levels of economic growth and development in the region. Thus, a decomposition analysis of CO 2 emission intensity for SSA affords the opportunity to identify key influencing variables and to see how they compare among countries in the region. Also, attempts have been made to distinguish between oil and non-oil-producing SSA countries. To this effect a comparative static analysis of CO 2 emission intensity for oil-producing and non oil-producing SSA countries for the periods 1971-1998 has been undertaken, using the refined Laspeyres decomposition model. Our analysis confirms the findings for other regions that CO 2 emission intensity is attributable to energy consumption intensity, CO 2 emission coefficient of energy types and economic structure. Particularly, CO 2 emission coefficient of energy use was found to exercise the most influence on CO 2 emission intensity for both oil and non-oil-producing sub-Saharan African countries in the first sub-interval period of our investigation from 1971-1981. In the second subinterval of 1981-1991, energy intensity and structural effect were the two major influencing factors on emission intensity for the two groups of countries. However, energy intensity effect had the most pronounced impact on CO 2 emission

On the cointegration and causality between oil market, nuclear energy consumption, and economic growth: evidence from developed countries

International Nuclear Information System (INIS)

Naser, Hanan

2017-01-01

This study uses Johansen cointegration technique to examine both the equilibrium relationship and the causality between oil consumption, nuclear energy consumption, oil price and economic growth. To do so, four industrialized countries including the USA, Canada, Japan, and France are investigated over the period from 1965 to 2010. The cointegration test results suggest that the proposed variables tend to move together in the long run in all countries. In addition, the causal linkage between the variables is scrutinized through the exogeneity test. The results point that energy consumption (i.e., oil or nuclear) has either a predictive power for economic growth, or feedback impact with real GDP growth in all countries. Results suggest that oil consumption is not only a major factor of economic growth in all the investigated countries, it also has a predictive power for real GDP in the USA, Japan, and France. Precisely, increasing oil consumption by 1% increases the economic growth in Canada by 3.1%., where increasing nuclear energy consumption by 1% in Japan and France increases economic growth by 0.108 and 0.262%, respectively. Regarding nuclear energy consumption-growth nexus, results illustrate that nuclear energy consumption has a predictive power for real economic growth in the USA, Canada, and France. On the basis of speed of adjustment, it is concluded that there is bidirectional causality between oil consumption and economic growth in Canada. On the other hand, there is bidirectional causal relationship between nuclear energy consumption and real GDP growth in Japan. (orig.)

On the cointegration and causality between oil market, nuclear energy consumption, and economic growth: evidence from developed countries

Energy Technology Data Exchange (ETDEWEB)

Naser, Hanan [Arab Open University, Faculty of Business Studies, A' ali (Bahrain)

2017-06-15

This study uses Johansen cointegration technique to examine both the equilibrium relationship and the causality between oil consumption, nuclear energy consumption, oil price and economic growth. To do so, four industrialized countries including the USA, Canada, Japan, and France are investigated over the period from 1965 to 2010. The cointegration test results suggest that the proposed variables tend to move together in the long run in all countries. In addition, the causal linkage between the variables is scrutinized through the exogeneity test. The results point that energy consumption (i.e., oil or nuclear) has either a predictive power for economic growth, or feedback impact with real GDP growth in all countries. Results suggest that oil consumption is not only a major factor of economic growth in all the investigated countries, it also has a predictive power for real GDP in the USA, Japan, and France. Precisely, increasing oil consumption by 1% increases the economic growth in Canada by 3.1%., where increasing nuclear energy consumption by 1% in Japan and France increases economic growth by 0.108 and 0.262%, respectively. Regarding nuclear energy consumption-growth nexus, results illustrate that nuclear energy consumption has a predictive power for real economic growth in the USA, Canada, and France. On the basis of speed of adjustment, it is concluded that there is bidirectional causality between oil consumption and economic growth in Canada. On the other hand, there is bidirectional causal relationship between nuclear energy consumption and real GDP growth in Japan. (orig.)

Challenge - oil crisis. Herausforderung Oelkrise. Risiken - Vorsorge - Alternativen

Energy Technology Data Exchange (ETDEWEB)

Vogler, O

1981-01-01

After a short survey on recent developments of energy supply the risks of future energy supply and its effects are discussed. The parameters of dependence on oil-producing countries are studied and an evaluation is given on the measures which have to be taken by the Western industrialized countries in response to the dependence on oil. Further subjects are: mechanism of oil distribution in case of crisis, long-term cooperation of producer countries, measures on international level in the USA and Japan, and the energy-importing countries in the conflict area between OPEC- and industrialized countries.

Tail dependence between oil and stocks of major oil-exporting countries using the CoVaR approach

Directory of Open Access Journals (Sweden)

Nader Trabelsi

2017-12-01

Full Text Available This paper investigates the negative tail risk dependence between oil shocks and stock indices (at aggregated and desegregated levels for Saudi Arabia (KSA, United Arab Emirates (UAE and Russia, over the period between 2007 and 2016. DCC-MGARCH approach and CoVaR measure are employed to assess the oil shock exposure. The results show that the tail dependence is significant and depends on the origin of the oil shocks, with intensity that varies across countries and sectors. Keywords: Oil price shocks, Oil-exporting countries, Conditional VaR, JEL Classification: C58, G11, Q4

Oil and Gas Emergency Policy: Japan 2013 update

Energy Technology Data Exchange (ETDEWEB)

NONE

2013-06-01

Oil remains the most significant energy source in Japan, accounting for some 45% of the country’s total primary energy supply (TPES) in 2011. Japan’s oil demand steadily decreased from 5.71 mb/d in 1997 to 4.47 mb/d in 2010. However, its oil demand increased to 4.48 mb/d in 2011 and 4.73 mb/d in 2012 due to the Great East Japan Earthquake in March 2011 and its subsequent impacts. The transport sector represented around 38% of total consumption in 2010, while the industry sector accounted for 30%. A significant proportion of the industry sector’s oil demand comes from the chemical industry. Of the 4.8 mb/d of oil imported by Japan in 2012, 3.5 mb/d consisted of crude oil, 209 kb/d of NGLs and feedstocks, and some 1.2 mb/d of refined products. About 83% of Japan’s crude oil imports in 2012 came from the Middle East. The country has 27 operational refineries with a total crude distillation capacity of around 4.5 mb/d. Japan meets its 90-day stockholding obligation to the IEA by holding government emergency stocks and by placing a minimum stockholding obligation on industry. JOGMEC’s primary role is to manage public stocks under the Oil Stockpiling Act, while industry (refineries, specified distributors and importers) is obliged to hold the equivalent of 70 days of their daily imports, sales or refinery production, based on the average of the previous 12 months. The public stocks mostly consist of crude oil, but the Administration has expanded its emergency inventory to include four categories of refined products - gasoline, kerosene, fuel oil and diesel oil. Japan held some 591 million barrels (mb) of oil stocks at the end of January 2013, equating to 166 days of 2011 net-imports (92 days of government stocks and 74 days of industry stocks). Around 72% of total stocks were held in the form of crude oil. Japan has consistently met its minimum IEA stockholding obligation. The share of natural gas in the country’s TPES increased significantly from 17% in 2010

Fiscal 1996 research report. Basic research on energy consumption efficiency improvement for developing countries (Industry related survey for energy analysis); 1996 nendo hatten tojokoku energy shohi koritsuka kiso chosa jigyo hokokusho. Energy bunsekiyo sangyo renkan chosa

Energy Technology Data Exchange (ETDEWEB)

NONE

1997-05-01

Inter-industry relations tables and energy statistics are combined for Asian countries for the preparation of energy analysis oriented inter-industry relations tables, which are used to metrically analyze Aisan nations' industrial structures and energy consumption structures for the ultimate purpose of grasping the magnitude of each industry's demand for energy. The tables prepared this year cover Korea, Indonesia, Thailand, and the Philippines. In Korea, the self-sufficiency rate of mineral fuels is low at 23.1%, which is due to its import of crude oil from abroad. It consumes 177.92-million tons (in terms of oil) of energy for its economic activities, with energy saving measures expected to work effectively here. Indonesia's mineral fuel self-sufficiency rate is high at 84.3% because it is an oil producing country. The energy it consumes for its economic activities is 179.37-million tons (in terms of oil), and energy saving measures will work effectively here. Thailand is a crude oil importing country. Its mineral fuel self-sufficiency rate is 33.4% and the energy its economic activities consume is 53.08-million tons (in terms of oil), and energy saving measures will work effectively in this country. The Philippines is a crude oil importing country and its mineral fuel self-sufficiency rate is as low as 4.8%. It consumes 22.71-million tons of energy (in terms of oil) for its economic activities, and energy-saving measures are expected to take effect here. (NEDO)

Impact of improved technology on industrial greenhouse-gas emissions in developing countries. Phase 1

International Nuclear Information System (INIS)

1997-06-01

In response to a formal request by the Group of 77 and China, the United Nations Industrial Development Organization (UNIDO) initiated a study to identify opportunities to reduce the emissions of greenhouse gases from energy-intensive industries in developing countries. These sectors currently include iron and steel, petroleum refining, cement, paper and pulp and nitrogen fertilizers. The aim of this first phase was to describe: how energy is used in the energy-intensive industries in developing countries today; what current trends indicate for the future; the potential contribution of improved technologies and practices to moving toward more sustainable industrial production in developing countries, and to provide developing countries with an analytical tool for evaluating opportunities to limit industrial greenhouse-gas (GHG) emissions in their industrial sectors through the transfer of improved technologies and processes. The immediate objectives of Phase 1 were twofold: to provide information to developing countries in the form of an inventory of energy-efficient, best-available technologies and processes that can be used to abate greenhouse-gas emissions in the most energy-intensive industrial sub-sectors as well as cross-cutting measures applicable in a range of sub-sectors, and; to provide an analytical methodology in the form of a software tool that enables the user to evaluate and compare the costs, energy requirements, and greenhouse-gas emissions associated with scenarios of specific technology and process options. To meet these objectives, the first phase of the study comprised: a Report entitled Industrial Greenhouse-gas Emissions from Developing Countries; a Software Package containing, an Industrial Technology Inventory, and an Analysis Tool, and; Industry/country-specific Case Studies. The Report describes current energy use and greenhouse-gas emissions in energy-intensive industries in developing countries, and similar industries exemplifying good

The central question for the oil industry

International Nuclear Information System (INIS)

2001-01-01

The principal question for the world's oil industry is how to replace today's and tomorrow's consumption of oil with new reserves. This is very important for the oil companies. Reduced reserves mean reduced values, which immediately has an impact on the balance sheet and the share price. The next ten years the world will consume over 300 billion barrels of oil and it may appear very difficult to replace this with new reserves

The oil and oil services industry international context 2008

International Nuclear Information System (INIS)

Serbutoviez, S.; Silva, C.

2008-11-01

Oil companies rarely do their own major work within the framework of their investments or in the operation of their facilities. They most often act as project coordinators, thereby opening up a vast market for equipment, services and engineering, involving many companies of widely-varying sizes, which constitute the oil services industry. This document provides a panorama of the international oil context in three distinct parts, for 2007, for the first three quarters of 2008, and aspects of trends for 2009. - The first part is devoted to a rapid description of the oil context and the economic environment in which it is evolving. - The second part examines the evolution of world investment in exploration-production (E and P) activities, distinguishing the investments made by oil and oil product/service companies throughout the E and P chain from the more targeted ones of three specific sectors: seismic, drilling and the construction of offshore production equipment. These markets are observed exclusively for oil product/service companies. - The last part is devoted to investments in the refining sector, focusing on the changes in the fundamentals, particularly the equilibrium between refining capacities and medium- term oil demand. This latter analysis involves both oil and oil product/service companies. (authors)

New business models for state companies in the oil industry

Directory of Open Access Journals (Sweden)

Tanţău Adrian D.

2016-09-01

Full Text Available In the scientific literature business models are defined as architecture of the value creation, profit formula, key processes and key resources. For the oil industry there is a need to develop new business models that have to describe the specificity of this industry and to take into consideration the new objectives after the global oil crisis. Although crude oil price has dropped dramatically since second quarter 2014, OPEC raised crude output to the its highest value in more than three years as it pressed on with a strategy to protect market share and pressure competing producers. The objective of this article is to identify and promote new business models for state companies in the oil industry. The research methodology is based on case studies that present and analyze the business models in two of the main oil producers Iran and Iraq, where the state companies are playing an important role in this industry. The subject is relevant because the business models for state companies in the oil industry have to be modified after the oil crisis and these are not real analysed in the scientific literature. Furthermore, the aspects discussed in the current article represent the main factors that will influence investment prospects of companies in the field in the next decade.

Constraints on the oil industry in the 1990s: the financial dimension

International Nuclear Information System (INIS)

Pollio, Gerald

1992-01-01

Many industry analysts continue to raise the possibility that potential financial constraints might frustrate the smooth development of the world oil industry. That is, will the petroleum industry be able to source on reasonable terms the volume of finance needed to cover potential investment requirements? There is a further implicit issue here of whether financial markets will differentiate between projects in industrialized and Third World countries; among the latter, the question naturally arises whether interest will be confined mainly or exclusively to high-income producers. One of the main purposes of this paper is to show that enormous progress has been made in innovating new financial structures that should enable all market segments to access the finance needed for future energy development. Furthermore, recent financial developments now permit the petroleum industry to manage price risk far more effectively than was ever possible before. (author)

Energy consumption and economic growth: The case of oil exporting countries

International Nuclear Information System (INIS)

Mehrara, Mohsen

2007-01-01

This paper examines the causal relationship between the per capita energy consumption and the per capita GDP in a panel of 11 selected oil exporting countries by using panel unit-root tests and panel cointegration analysis. The results show a unidirectional strong causality from economic growth to energy consumption for the oil exporting countries. The findings have practical policy implications for decision makers in the area of macroeconomic planning. In most major oil exporting countries, government policies keep domestic prices bellow free market level, resulting in high levels of domestic energy consumption. The results imply that the energy conservation through reforming energy price policies has no damaging repercussions on economic growth for this group of countries. (author)

4. Rapidly industrializing countries: Forging new models

International Nuclear Information System (INIS)

Starke, L.

1992-01-01

This chapter discusses the following: the experience of newly industrializing countries (NIC); human development; broadening economic development; conserving natural resources (agriculture, forests, air quality); energy consumption; using more efficient technology; new markets and new products. Governments in rapidly industrializing countries can do a great deal to steer development in a sustainable direction by adopting appropriate policies - many of which are discussed in this and preceding chapters. Governments in industrialized countries also have an important role to play by offering the necessary technical and financial assistance to support this kind of development. The chapter uses as examples Brazil, Chile, Mexico, Indonesia, Malaysia, and Thailand

The oil and petroleum industry. 20. ed.

International Nuclear Information System (INIS)

1992-01-01

This financial survey is a compilation of financial and marketing data on oil and petroleum industry companies in the United Kingdom. It includes quoted companies in the production and distribution industry, unquoted companies in the exploration and production industry, unquoted companies in the refining and distribution industry, a geographical index and an alphabetical index. (UK)

INNOVATIVE WAYS OF THE DEVELOPMENT OF THE OIL-FAT INDUSTRY

Directory of Open Access Journals (Sweden)

Onyshchenko Oksana

2018-03-01

Full Text Available Introduction. The article describes the state of agriculture and outlines the most influential branches which need economic development. It was investigated that important reference point is the access to new international markets, updating the material and technical base and the introduction of new technologies into production at the present stage for the economic development of consumer-oriented industries. Oil-fat industry is the most competitive among other branches of agriculture, therefore, it needs development, innovative ways of solving problems and introduction of the latest technologies. The purpose of the paper is to offer innovative ways of developing the oil-fat industry. Results. In order to introduce non-waste production in the industry, it has been proposed to identify a series of interdependent principles and identify strategic directions for the development of oil products production. Based on the method of structural adjustment in the direction of waste production, a conceptual model of the organizational and economic mechanism of non-waste production at the enterprises of oil and fat specialization has been constructed. Conclusions. Waste and production of organic oils are positive levers and directions in the development and modernization of the oil and fat industry. The introduction of such a mechanism will enable the oil and fat industry to expand its production by creating other types of products as a result of the use of oilseed production, and also increase its level of development thus creating more competition in international markets.

ECOLOGY SAFETY TECHNOLOGIES OF UNCONVENTIONAL OIL RESERVES RECOVERY FOR SUSTAINABLE OIL AND GAS INDUSTRY DEVELOPMENT

Directory of Open Access Journals (Sweden)

Viacheslav Zyrin

2016-09-01

Full Text Available The problem of effective technology for heavy oil recovery nowadays has a great importance, because of worsening geological conditions of the developed deposits, decreasing recovery factor, increasing the part of heavy oil. For the future sustainable development of oil producing industry the involved technologies must require energy effectiveness and ecological safety. The paper proves the enhanced oil recovery methods necessity for heavy oil deposits, highlighted thermal technologies as the most effective. But traditional thermal treatment technologies is a source of air pollutant emission, such as CO, NO etc. The calculation of emissions for traditional steam generator is provided. Besides, the paper shows the effectiveness of electrical enhanced oil recovery methods. The advantages of associated gas as a fuel for cogeneration plants is shown. The main approaches to implementation of carbon dioxide sequestration technologies in the oil and gas industry of Russia are defined. Conceptual view of СО2-EOR technologies potential within the context of sustainable development of oil and gas industry are presented. On the basis of the conducted research a number of scientific research and practical areas of the CCS technology development are revealed.

The cross-country implications of alternative climate policies

International Nuclear Information System (INIS)

Li, Aijun; Du, Nan; Wei, Qian

2014-01-01

Because of worldwide growing concerns about global climate change, great interest has been expressed in the potential of alternative climate policies to reduce global carbon emissions. In this paper, we compare cross-country implications of alternative climate policies, including unilateral and multilateral climate policies. Our main findings are as follows. Firstly, there are large differences in cross-country effects of alternative unilateral climate policies, when the same given carbon emission reductions are achieved in each abating country respectively. Meanwhile, cross-border externalities undermine efficiency of unilateral climate policies. Secondly, there are significant differences in cross-country implications of alternative multilateral climate policies, when the same global emission reductions are allocated in several different ways among abating countries. Thirdly, it is difficult to reach a stable global climate treaty, since any abating country has the incentive to argue for small carbon emission reductions. Finally, multilateral climate policies can reduce the negative impacts of cross-border externalities, but cannot cure all cross-border externalities. Looking ahead, it will be a great policy challenge for the world to reduce carbon emissions in a cost-effective way. - highlights: • We compare impacts of unilateral climate policies across countries. • We compare effects of alternative multilateral climate policies. • We explore whether cross-border externalities disappear under multilateral climate policies

Treatment and disposal of naturally occurring radioactive material (NORM) in the oil and gas industry. A review

International Nuclear Information System (INIS)

Richter, Ruediger B.; Schmuelling, Marcus; Hosemann, Peter

2014-01-01

Concerning naturally occurring radioactive material (NORM) from the oil/ and gas industry most of the industrial countries were lacking clear regulatory frameworks in waste legislation for many years. In the meanwhile on several places in Europe, but also in some of the GCC states in the Middle East such as in the United Arab Emirates and in Oman specialized treatment facilities are either in the stage of construction or already in operation. In particular, pilot plants for the decontamination of NORM-contaminated equipment have been tested recently. The paper reflects on the generation and the technical characterization of NORM but also the legislation compared on international level. Particularly an overview was provided by comparing the common practice on disposal in the North American Countries in comparison to Germany, the UK but also Australia. In addition the successful treatment of produced water from crude oil separation in a ''Constructed Wetland'' in the Sultanate Oman is briefly highlighted.

Industrial requirements for new crops

International Nuclear Information System (INIS)

Hirsinger, F.; Zoebelein, H.

1989-01-01

Natural raw materials should be understood as highly refined chemicals ready for derivatization rather than degradation through fermentation. Chemistry and agriculture have had a long connection in the manufacturing of fibres, paints, glues, and soaps when natural raw materials were supplied by agricultural production. With the detection of crude oil as a chemical raw material, this connection seemed to fall apart. After the energy crises of 1973 and 1979, the 'oil shocks', a revival of interest in renewable raw materials was triggered. Only 10% of all the raw materials used by the organic chemical industry represents renewable resources. The chemical industry is developing new markets for such resources. In most cases these raw materials come from developing countries. Agriculture in industrialized nations is asked to match these developments through intensive research in the areas of agronomy and plant breeding. Examples of such new raw materials which are discussed include high oleic sunflower oil, Euphorbia lathyris (spurge) oil, Cuphea oil, high erucic rapeseed oil, Crambe and mustard oil, meadowfoam and coriander oil. The agricultural production of such custom tailored industrial raw materials could become a new outlet for industrialized countries' agriculture, which today is characterized by a surplus production of food. (author). 2 tabs

Oil industry. A hard after-party

International Nuclear Information System (INIS)

Remoue, A.

2009-01-01

Since the beginning of the year 2009, the oil barrel price stagnates again at a three-time lower level than 8 months ago, compelling the oil companies to change their project schedule, and the para-petroleum industry to reduce its costs. The economic impact is more important for national companies than for oil majors. However, cost saving are implemented by all to save their margin. The first impact concerns the para-petroleum companies which will have to adapt their tariffs to the new situation. When the economy will start up again there is strong probabilities that the oil demand will decline thanks to changes in consumers' behaviors. (J.S.)

[Analysis on oil fume particles in catering industry cooking emission].

Science.gov (United States)

Tan, De-Sheng; Kuang, Yuan-Cheng; Liu, Xin; Dai, Fei-Hong

2012-06-01

By measuring the particulate matter of oil fume which is over 10 microm or below 10 microm separately and using microradiography and Electrical Low Pressure Impactor (ELPI), it is found out the distributing characteristic of oil fume particles in catering industry cooking emission. The result shows that the diameter of the oil fume particles which was sedimentated in the kitchen is between 10-400 microm, the concentration peak value is between 10-100 microm. The diameter of oil fume aerosol is mostly smaller than 1 microm, while the concentration peak value is between 0.063-0.109 microm. In addition, the mass concentration peak value is between 6.560-9.990 microm. Through the analysis to the physical characteristics of oil fume from catering industry cooking emissions, the eigenvalue of the oil fume has been found and the feature matter for monitoring the oil fume has been discovered to provide a reasonable standard for controlling and monitoring the catering industry cooking emission.

Consuming the world's energy: Update series. Energy efficiency trends in oil countries

International Nuclear Information System (INIS)

Anon.

1992-01-01

This issue of Energy Detente addresses energy efficiency in selected oil producing countries over time and compare the varying effects of important crude oil price changes. As economies around the world heighten their benefits from conservation and efficient use of energy, oil producers will be crucial examples not only for their own sakes, but for consuming countries dependent upon their exports. In this sense, their potential for leadership and vision seems greater than ever. Specifically, 6 oil-exporting countries are featured: Australia, Kuwait, Indonesia, Nigeria, the United Kingdom, and Venezuela. This issue also presents the following: (1) the ED Refining Netback Data Series for the US Gulf and West Coasts, Rotterdam, and Singapore as of February 21, 1992; and (2) the ED Fuel Price/Tax Series for countries of the Eastern Hemisphere, February, 1992 edition

IMPACT OF CPO EXPORT DUTIES ON MALAYSIAN PALM OIL INDUSTRY

OpenAIRE

Ibragimov Abdulla; Fatimah Mohamed Arshad; B. K. Bala; Kusairi Mohd Noh; Muhammad Tasrif

2014-01-01

In January 2013, Malaysia reduced the export duty structure to be in line with the Indonesia’s duty structure. Both countries export crude and processed palm oil. Since Malaysia and Indonesia are close competitors and they compete in the same market, a change in export duty rate in one country will affect the other. Indonesia, as the world’s biggest palm oil producer, has drastically widened the values between the crude palm oil and refined palm oil export taxes since October 2011...

Industry evolution in developing countries : the Indonesian pulp and paper industry

NARCIS (Netherlands)

Dijk, van M.

2003-01-01

Almost all empirical research on industry evolution has been conducted on high or medium technology industries in industrialised countries. In this paper, a detailed analysis of the life cycle of Indonesia's pulp and paper industry is presented as case study to investigate industry evolution in

Oil price shocks and stock markets in the U.S. and 13 European countries

International Nuclear Information System (INIS)

Park, Jungwook; Ratti, Ronald A.

2008-01-01

Oil price shocks have a statistically significant impact on real stock returns contemporaneously and/or within the following month in the U.S. and 13 European countries over 1986:1-2005:12. Norway as an oil exporter shows a statistically significantly positive response of real stock returns to an oil price increase. The median result from variance decomposition analysis is that oil price shocks account for a statistically significant 6% of the volatility in real stock returns. For many European countries, but not for the U.S., increased volatility of oil prices significantly depresses real stock returns. The contribution of oil price shocks to variability in real stock returns in the U.S. and most other countries is greater than that of interest rate. An increase in real oil price is associated with a significant increase in the short-term interest rate in the U.S. and eight out of 13 European countries within one or two months. Counter to findings for the U.S. and for Norway, there is little evidence of asymmetric effects on real stock returns of positive and negative oil price shocks for oil importing European countries. (author)

Application of game theory in decision making strategy: Does gas fuel industry need to kill oil based fuel industry?

Science.gov (United States)

Azmi, Abdul Luky Shofi'ul; Prabandari, Dyah Lusiana; Hakim, Muhammad Lintang Islami

2017-03-01

Even though conversion of oil based fuel (Bahan Bakar Minyak) into gas fuel (Bahan Bakar Gas) for transportation (both land and sea) is one of the priority programs of the government of Indonesia, rules that have been established merely basic rules of gas fuel usage license for transportation, without discussing position of gas fuel related to oil based fuel in detail. This paper focus on possible strategic behavior of the key players in the oil-gas fuel conversion game, who will be impacted by the position of gas fuel as complement or substitution of oil based fuel. These players include industry of oil based fuel, industry of gas fuel, and the government. Modeling is made based on two different conditions: government plays a passive role and government plays an active role in legislating additional rules that may benefit industry of gas fuel. Results obtained under a passive government is that industry of oil based fuel need to accommodate the presence of industry of gas fuel, and industry of gas fuel does not kill/ eliminate the oil based fuel, or gas fuel serves as a complement. While in an active government, the industry of oil based fuel need to increase its negotiation spending in the first phase so that the additional rule that benefitting industry of gas fuel would not be legislated, while industry of gas fuel chooses to indifferent; however, in the last stage, gas fuel turned to be competitive or choose its role to be substitution.

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)

Radiological impact of oil/gas industry

International Nuclear Information System (INIS)

Botezatu, E.; Grecea, C.

2006-01-01

The objective of this study was to assess the radiological impact on the environment and population of the oil/gas industry that is non-nuclear industry but uses and can produce materials, with an enhanced content of naturally occurring radionuclides. The natural radioactivity levels in the oil field environmental media, which could represent a risk for the people living in the areas influenced by this non-nuclear industry, do not indicate an increase in the natural radiation background. From a radiological point of view, the situation does not pose any immediate concern. Some places however need further investigations, with special emphasis on the control of 226 Ra releases to prevent from polluting the environment with this radionuclide. The growing concern amongst the population about the quality of their environment increases the significance of impact assessment of radioactive releases into the environment even if natural radionuclides occur. (N.C.)

Social and economic vulnerability indicators for oil exporting countries: methodology and comparison analysis; Indicadores de vulnerabilidade socioeconomica para paises exportadores de petroleo: metodologia e analise comparativa

Energy Technology Data Exchange (ETDEWEB)

Jesus, Fernanda Delgado de

2009-04-15

The oil exporting countries can be vulnerable to this row-material as the oil importing ones, due to their social economic dependence of the revenues generated by the oil and gas sector. So, it is also important for those countries the analysis of their social economic vulnerability in order to contribute for the comprehension of their real actions related to their production strategies, aiming to affect oil price and market-share. Due to that, this thesis proposes a methodology based on social economic indicators of oil exporting countries, which will enclose the following aspects: physical, productive, commercial, macro economic, fiscal and social. These indicators will be applied to the OPEC members, Norway and Mexico, and orientated through a normalized scale as in a multicriteria methodology (AHP - Analytic Hierarchy Process). The analyzed results will drive the social economic implications, and the studied countries will be classified in a scale that goes from very favorable to very unfavorable. The results point the main social economic fragilities of the oil exporting countries, designing pathways to Brazil and their possible exporting ambitions. The most important considerations that became from the vulnerable oil export countries experiences refers to the necessity to straight and increases their macro economic foundations, industrial diversification incentives and the creation of an stabilization fund (based on oil revenues) for the future generations, or to severe oil prices oscillations periods in the international market (author)

Advances in operations research in the oil and gas industry

International Nuclear Information System (INIS)

Breton, M.; Zaccour, G.

1991-01-01

Various theories and examples of modelling, forecasting and optimization designing in the different parts of the petroleum and gas industries are presented, stochastic programming for long term planning in the refining industry, stochastic model for gasoline blending, feedstock optimization, location and sizing for offshore platforms, hydrocarbon exploration simulation rapid method, valuation of oil field development leases, economic models for petroleum allocation, models for oil supply market, trade embargo game theory, stochastic programming of gas contract portfolio management, scheduling transportation of oil and gas, strategic planning in an oil pipeline company, simulation of offshore oil terminal systems, hierarchical selection of oil and gas distribution systems

Markets during world oil supply crises: an analysis of industry, consumer, and governmental response

Energy Technology Data Exchange (ETDEWEB)

Erfle, Stephen; Pound, John; Kalt, Joseph

1981-04-01

An analysis of the response of American markets to supply crises in world oil markets is presented. It addresses four main issues: the efficiency of the operation of American oil markets during oil supply crises; the problems of both economic efficiency and social equity which arise during the American adaptation process; the propriety of the Federal government's past policy responses to these problems; and the relationship between perceptions of the problems caused by world oil crises and the real economic natures of these problems. Specifically, Chapter 1 presents a theoretical discussion of the effects of a world supply disruption on the price level and supply availability of the world market oil to any consuming country including the US Chapter 2 provides a theoretical and empirical analysis of the efficiency of the adaptations of US oil product markets to higher world oil prices. Chapter 3 examines the responses of various groups of US oil firms to the alterations observed in world markets, while Chapter 4 presents a theoretical explanation for the price-lagging behavior exhibited by firms in the US oil industry. Chapter 5 addresses the nature of both real and imagined oil market problems in the US during periods of world oil market transition. (MCW)

Assessment of industry needs for oil shale research and development. Final report

Energy Technology Data Exchange (ETDEWEB)

Hackworth, J.H.

1987-05-01

Thirty-one industry people were contacted to provide input on oil shale in three subject areas. The first area of discussion dealt with industry`s view of the shape of the future oil shale industry; the technology, the costs, the participants, the resources used, etc. It assessed the types and scale of the technologies that will form the industry, and how the US resource will be used. The second subject examined oil shale R&D needs and priorities and potential new areas of research. The third area of discussion sought industry comments on what they felt should be the role of the DOE (and in a larger sense the US government) in fostering activities that will lead to a future commercial US oil shale shale industry.

Angola - an Oil Dependant Country in Sub-Saharan Africa

Directory of Open Access Journals (Sweden)

Baumgartner Boris

2016-12-01

Full Text Available The Sub-Saharan Africa belongs to the most underdeveloped regions in the world economy. This region consists of forty nine countries but it’s world GDP share is only a small percentage. There are some very resource rich countries in this region. One of them is Angola. This former Portuguese colony has one of the largest inventories of oil among all African countries. Angola recorded one of the highest growth of GDP between 2004-2008 from all countries in the world economy and nowadays is the third biggest economy in Sub-Saharan Africa after Nigeria and South Africa. The essential problem of Angola is the one-way oriented economy on oil and general on natural resources. Angola will be forced to change their one-way oriented economy to be more diversified and competitive in the future.

The oil and gas industry and the Canadian economy: a backgrounder

International Nuclear Information System (INIS)

Curran, R.

2000-02-01

The impact of the oil and natural gas industry on the Canadian economy is explained in terms of employment, balance of trade, products, government revenues, international technology trade and industry support to the community. It is reported that the industry employs almost one half million people in Canada; is the second largest contributor to Canada's balance of trade; generate billions of dollars for the economy and pays hundreds of millions of dollars in taxes and its employees contribute millions of dollars and thousands of hours of time to charitable and community organizations. The industry is also one of the major contributors to Canada's technology export through its leadership in high technology exploration methods, cold climate and offshore operations, enhanced recovery technologies, producing and processing heavy oil; mining and upgrading oil sands bitumen, oil-well firefighting techniques and environmental protection technologies, among others. Citing Canada's cold climate and energy-intensive industries, hence the need for large quantities of energy, the booklet offers a rationale for the industry's need to continue to be profitable in order to develop new sources of oil and gas production and invest in energy-efficient technologies. Assuming continued profitability, combined with more efficient use of oil and gas, the Foundation remains confident that the industry will provide energy security and export revenues for the benefit of all Canadians. 12 refs., photos

Possible transfer of traditional energy intensive industries towards developing countries. Offers of energy resource in the CIER [Comision de Integracion Electrica Regional] area in relation to this transfer

International Nuclear Information System (INIS)

Facchini Ferro, A.; D'Amado Campo, R.

1989-01-01

Due to the steep rise in oil prices in the early 1970s, South American countries became aware of the advisability of developing their abundant and renewable hydroelectric resources. The second energy crisis of 1979 pushed up oil prices still further and the consequences in the South American electricity sector included contractions in markets, overcapacity, and difficult financial circumstances. Increases in exports were seen as a way to reduce the burden of those countries' heavy debts and to improve economic conditions. To harmonize the interests of development of highly energy intensive industries in developed countries and the economic development of developing countries, the possibility of marketing energy as an industrial input should be considered. Evidence of the advantages that South American countries can offer to such industrial transfers is presented. These countries offer a source of plentiful hydropower from installations in operation, under construction, or projected as major developments. These installations are already largely interconnected through high- and extra-high-voltage power transmission networks. Technical information is given on the installed generating capacities, including thermal reserve plants; utilization levels; transmission line interconnections; and remaining renewable and non-renewable energy resources. Considerations regarding the political and financial implications of industrial transfers are discussed. 6 refs., 9 figs

Oil and natural gas

International Nuclear Information System (INIS)

Hamm, Keith

1992-01-01

The two major political events of 1991 produced a much less dramatic reaction in the global oil industry than might have been expected. The economic dislocation in the former USSR caused oil production to fall sharply but this was largely offset by a concurrent fall in demand. Within twelve months of the invasion of Kuwait, crude oil prices had returned to their pre-invasion level; there was no shortage of supply due to the ability of some producers to boost their output rapidly. Details are given of world oil production and developments in oil demand. Demand stagnated in 1991 due to mainly to the economic chaos in the former USSR and a slowdown in sales in the USA; this has produced problems for the future of the refining industry. By contrast, the outlook for the natural gas industry is much more buoyant. Most clean air or carbon emissions legislation is designed to promote the use of gas rather than other hydrocarbons. World gas production rose by 1.5% in 1991; details by production on a country by country basis are given. (UK)

The fluctuations in oil prices in the OPEC countries and the impact on the world oil market

Directory of Open Access Journals (Sweden)

Buryanova N.V.

2017-08-01

Full Text Available the article examines the issues of influence of OPEC countries on the international oil market. Also, the author analyzes the state of the oil market and fluctuations in oil prices at the macroeconomic level for 2011–2016.

International Oil Price’s Impacts on Carbon Emission in China’s Transportation Industry

Directory of Open Access Journals (Sweden)

Guoxing Zhang

2014-09-01

Full Text Available Purpose: This paper analyses the impact mechanism of international oil price on the industrial carbon emission, and uses the partial least squares regression model to study international oil price’s impact on carbon emissions in China’s transportation industry.Design/methodology/approach: This paper chooses five independent variables of GDP, international oil price, private car population, passenger and freight transportation volume as impact factors to investigate industrial carbon emissions, the paper also analyses the impact mechanism of international oil price on the industrial carbon emission, and finally the paper uses the partial least squares regression model to study international oil price’s impact on carbon emissions in China’s transportation industry. With the independent variables’ historical data from 1994 to 2009 as a sample, the fitting of the industry carbon emissions is satisfying. And based on the data of 2011, the paper maintains the private car owning, passenger and freight transportation volume to study international oil prices’ impact on the industry carbon emissions at different levels of GDP.Findings: The results show that: with the same GDP growth, the industry carbon emissions increase with the rise in international oil prices, and vice versa, the industry carbon emissions decrease; and lastly when GDP increases to a certain extent, in both cases of international oil prices’ rise or fall, the industry carbon emissions will go up, and the industry carbon emissions increase even faster while the energy prices are rising.Practical implications: Limit the growth in private-vehicle ownership, change China's transport sector within the next short-term in the structure of energy consumption and put forward China's new energy, alternative energy sources and renewable energy application so as to weaken the dependence on international oil, and indirectly slowdown China's GDP growth rate, which are all possible

Industry-led program recycles used oil materials

International Nuclear Information System (INIS)

Anon.

1997-01-01

The Alberta Used Oil Management Association (AUOMA) is running an industry-led program for recycling used oil filters, containers and used oil. The objective of the program is to help develop an infrastructure that will make recycling simple and convenient for consumers of oil materials. It was estimated that millions of litres of used oil are improperly discarded into the Alberta environment. The program is also aimed at increasing public awareness of the importance of recycling used oil materials, particularly to those consumers who change their own motor oil. By the end of 1997 AUOMA expects to open about 50 recycling centres called EcoCentres. An environmental handling charge (EHC) will be paid to AUOMA by wholesale suppliers on the first sale of oil materials in Alberta. The EHC will be the only funds used to support the program

Economic Sanctions Against Russia: Short and Medium Term Consequences for the Oil and Gas Industry

Directory of Open Access Journals (Sweden)

Rustem M. Nureev

2017-09-01

Full Text Available The growth in production and exports of oil and gas from the United States and other OECD countries led to pressure on energy prices, and posed the problem of redistribution of the structure of oil and gas market shares. The aggravation of competition contributed to the selection of measures to modernize the industry in Russia as the main measures of economic sanctions, as well as restrictions on the supply of Russian oil and gas to Europe, which jeopardized the implementation of the South Stream and North Stream-2 projects. The oil and gas industry continues to play a significant role in the formation of the revenue base of the federal budget of the Russian Federation. As a result of the imposition of sanctions, the export of Western equipment to Russia was banned, it could be a serious blow to the industry, which potential could be fully realized in the next 3–5 years. Oil and gas companies are most dependent on the pumping equipment (import share is 50%, catalysts (80% share of imports, applied software (the share of imports is more than 80%. Currently, Russian companies purchase equipment in China and South Korea, but the quality is much lower than the US, and the equipment often fails, so it is associated with the high costs of repairs. The import substitution should revive the domestic production of oil and gas equipment, but how this policy is implemented is difficult to predict, as enterprises have to overcome a significant technological gap and lag behind foreign developments. Russia managed to survive the short-term period of economic sanctions with significant, but not extremely large losses. Much more acute consequences can affect in the medium term, unless vigorous steps are taken to import substitution and modernization of oil and gas production and processing.

Report on the oil and gas industry 2010

International Nuclear Information System (INIS)

2011-01-01

Illustrated by graphs and tables of data, this report discusses the recent evolutions and trends of world oil and gas markets in 2010, of oil and gas exploration and production in the world, of the issue of European gas supplies, of exploration and production in France, of the oil industry and oil services, of hydrocarbon imports, of refining activities in France, of the quality of fuels, of substitution fuels, of the domestic transportation of oil products, of the issue of strategic storage, of oil product storage, of oil and gas products consumption, of hydrocarbon taxing, of the retailing of oil products, of oil product prices, and of gas price for the end consumer

A value chain analysis for sustainable development of olive oil agro-industry: the case of Algeria

Directory of Open Access Journals (Sweden)

Melkhire Boudi

2016-12-01

Full Text Available This study analyzes the performance of the olive oil value chain in Algeria and identifies the bottlenecks that must be overcome to achieve sustainable development. Surveys were carried out and interviews conducted during a five-year period. Value chain approach was used as a tool to analyze the entire chain. The results showed that despite the value chain was found to be profitable for all chain actors, significant shortcomings and bottlenecks continue to undermine the overall development of the value chain. Major bottlenecks to improve productivity and value added were the poor agricultural practice and institutional environment; issues related to natural, structural, technology and economic environment; lack of market transparency; market uncertainties; lack of quality control; absence of traceability monitoring system throughout the chain; lack of certification and labelling; almost total absences of organized structures exist around the product; and limited effectiveness of agricultural extension services with low involvement of farmers and millers in professional organization related to olive oil industry. However, Algeria’s olive oil value chain has great potential for future development and currently, the country has an important advantage in terms of current development policies, the use of technology, and the extension of olive tree acreage. Nevertheless, the following upgrading strategies are recommended to enhance sustainability: improvement in product and process; changing in functional position; access to market; supply; cross distribution chain; and intra-chain linkage

The development and commercialization of solar PV technology in the oil industry

International Nuclear Information System (INIS)

Pinkse, Jonatan; Buuse, Daniel van den

2012-01-01

In diversifying energy supply, the transformation of the energy industry has been identified as a key challenge for a sustainable energy future. This suggests that incumbent firms in this industry have a vital role in the development and commercialization process of renewable energy technologies. This paper provides a comparative analysis of oil and gas firms’ strategies regarding solar PV technology investments, a renewable energy technology that has seen explosive growth of late. The main aim is to examine the strategic approach of incumbent firms in the oil and gas industry towards the development and commercialization of solar PV technology. To investigate this, a multiple case study has been conducted within the European oil industry, focusing on the three largest oil and gas firms: BP, Royal Dutch/Shell, and Total. Findings show that oil and gas firms have difficulties with integrating solar PV technology in their supply chain. The analysis suggests that it is uncertain whether all oil and gas firms will abandon solar completely, as this depends to what extent they are able to generate profits. Nevertheless, there is currently a trend in the oil industry of leaving solar and positioning towards a ‘recarbonization’ of business activities. - Research Highlights: ► Oil and gas incumbents have experienced difficulties in integrating solar technology in their supply chain and therefore established fairly independent business units, serving niche markets outside mainstream markets for oil and gas. ► It is uncertain whether all oil and gas firms will abandon solar completely, as it depends to what extent they are able to generate profits with these activities. ► The competitive strain and increased turbulence in the oil industry have led to erratic investment behavior of oil firms and, as a consequence, renewable energy projects in which incumbents are engaged are often cancelled for reasons which have nothing to do with the market viability of renewable

The validity of vignettes in cross country health studies

DEFF Research Database (Denmark)

Pozzoli, Dario; Gupta, Nabanita Datta; Kristensen, Nicolai

Cross-country comparisons of subjective assessments may be ham-pered by sub-population speci.c response style. To correct for this, the use of vignettes has become increasingly popular - notably within cross-country health studies. However, the validity of vignettes as a means to re-scale across ...... that the assumption of RC is not innocous and that our extended model improves the fit and significantly changes the cross-country rankings of health vis-á-vis the standard Chopit model.......Cross-country comparisons of subjective assessments may be ham-pered by sub-population speci.c response style. To correct for this, the use of vignettes has become increasingly popular - notably within cross-country health studies. However, the validity of vignettes as a means to re-scale across...

Albertans' views of the oil and gas industry: Angus Reid Group poll

International Nuclear Information System (INIS)

1999-01-01

The Angus Reid Group was commissioned to carry out research to determine and evaluate the image of the oil and gas industries in Alberta. The research was conducted using the Angus Reid Group's January Alberta omnibus study. Of 1200 telephone interviews conducted, 800 were completed by the general population of Alberta and 400 were completed by respondents who live in areas where there is a high level of activity by the oil and gas industries. All respondents were asked a series of questions on the image of the oil and gas industries in Alberta, while the oil and gas community respondents were asked a series of additional questions about their relationship to the oil and gas companies in their area. The 400 interviews with oil and gas communities were combined with the 800 general population interviews and the data were statistically weighed to ensure that the sample's age, gender and regional distribution reflects that of the actual adult populations of Alberta according to 1996 census data. The industries are generally seen as credible, and fifty-eight percent of Albertans see the oil and has industries as a good listener, while 38% do not agree. Fifty-three percent of Albertans see that the industries have become more responsible, and 7% disagree. Two thirds of Albertans see that the industries communicate well with the public, but one third does not. The two industries are seen as being on a par with other industries as far as social values are concerned. The main concern of Albertans about the two industries is that of the environment. A large group see that the industries are concerned about the environment, but they differ on whether actions are actually taken in support of the expressed concern. A majority see the relationship between the industries and themselves as good. tabs

Vegetable Oil: Nutritional and Industrial Perspective

OpenAIRE

Kumar, Aruna; Sharma, Aarti; Upadhyaya, Kailash C.

2016-01-01

Oils of plant origin have been predominantly used for food-based applications. Plant oils not only represent a non-polluting renewable resource but also provide a wide diversity in fatty acids (FAs) composition with diverse applications. Besides being edible, they are now increasingly being used in industrial applications such as paints, lubricants, soaps, biofuels etc. In addition, plants can be engineered to produce fatty acids which are nutritionally beneficial to human health. Thus these ...

Leadership in the oil industry

Energy Technology Data Exchange (ETDEWEB)

Duggan, J

1988-08-01

In this brief examination of the changing environment of the oil industry, Mr. Duggan feels that in spite of the weight of tradition and inertia in management, the future is likely to belong to the innovators and risk takers. He mentions the pre-occupation of the world's press with even the smallest fluctuation of crude oil prices - feeling it an outward manifestation of a worrying instability within the industry. Selected OPEC producers further engaging in downstream activities and the USSR embarking upon energy ventures with the West will not help the uncertainty. Mr. Duggan points to some definite sings of change among the larger companies; further, safe, solid respectable performance (e.g., EXXON) is no longer enough to excite the admiration of professionals. Finally, he observes that while the opportunities are there for the innovator with probably great rewards - they are no greater than the sanctions for failure, which could be terminal.

The opening up of Middle Eastern Oil Producing countries

International Nuclear Information System (INIS)

Giannesini, J.F.

2000-01-01

Between them, Saudi Arabia, Iraq, Iran and Kuwait control nearly 56 % of the world's oil reserves. They account for almost 25 % of production. There are signs that they are opening their territories to foreign companies in different ways and to various degrees, according to the country. The reasons are technical (decline of production and human resources), economic (increasing state budgetary requirements and growing oil production investment costs) and geopolitical (protective military isolation of territories and regimes). The opening up to these countries will in the future, have a major impact on the strategies of large western company operators. (authors)

China's oil use, 1990-2008

International Nuclear Information System (INIS)

Leung, Guy C.K.

2010-01-01

Over the past two decades, China's oil demand has risen steeply. In 1990, it was only about 25% higher than that of 1978, the year economic reform was introduced. By 2008, it had reached 396.0 million tons, roughly four times the 1978 level, making China the second largest oil user worldwide. The country became a net oil importer in 1993, and between 1993 and 2008, its net import dependency - a yardstick for energy security - soared from 7.5% to 50.0%. China's increased demand for oil has made the country a global energy player of critical importance. Although the literature on the global implications of China's oil use has proliferated, relatively few studies have attempted to examine ''how China uses oil.'' Hence, this study covers every oil-consuming facility and sector in China, exploring the patterns of, and factors involved in, oil demand by power plants, oil refineries, heat plants and, gas-works, and industrial, transport, agricultural, household and commercial sectors. It concludes that in virtually all sectors in China, oil demand will grow, with transport and industry leading the way. (author)

Report on the oil and gas industry in 2009

International Nuclear Information System (INIS)

2010-01-01

This report proposes an overview of facts, events and data concerning the world oil and gas markets, the oil and gas exploration and production in the world, the challenges of gas European supplies, the exploration and production in France, the oil and oil-related industry, hydrocarbons imports, the refining activity in France, fuel quality, alternative fuels, the domestic transportation of oil products, gas infrastructures, the storage of oil products, the consumption of oil and gas products, taxes on hydrocarbons, prices for the final consumer, and the prices of oil products

WERE OIL PRICE MARKETS THE SOURCE OF CREDIT CRISIS IN EUROPEAN COUNTRIES? EVIDENCE USING A VAR-MGARCH-DCC MODEL

Directory of Open Access Journals (Sweden)

Nadhem Selmi

2014-04-01

Full Text Available This paper examines the role of oil prices, credit, financial and commercial linkages in the propagation of industrial market crises during the period 2004-2012. Using VAR-MGARCH-DCC model regressions on seven markets finds that credit linkage played a significant role in the subprime, financial and global crises. Our results also show that the European debt crisis has already spread like a crisis from oil prices to Ireland and Portugal, and other countries are now at risk: Spain is a probable candidate for financial crisis.

Arab oil and gas directory

International Nuclear Information System (INIS)

2005-01-01

This reference book is the only oil and gas encyclopedia in the world providing detailed country surveys on the oil and gas industry in the Arab countries and Iran. It provides thorough country reports and detailed statistics on oil and gas exploration, production, transport, refining and petrochemicals, as well as on development projects in all countries in the Middle East and North Africa: Algeria, Bahrain, Egypt, Iran, Iraq, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Qatar, Saudi Arabia, Sudan, Syria, Tunisia, United Arab Emirates and Yemen. Separate chapters cover OPEC and OAPEC, as well as world oil and gas statistics. It includes 53 maps and 268 tables and graphs, and 2420 addresses and contact names

Prospects of using the new technologies in oil and gas industry of Kazakhstan

International Nuclear Information System (INIS)

Nadirov, N.K.

1999-01-01

The Republic of Kazakstan is one of the great petroleum producers in the world. Present day, according to the supply of hydrocarbon raw the country takes 13-Th place in the world, but some facts say that Kazakhstan will takes 6-7 places in near future. In 1999 Kazakhstan will broadly celebrated the 100 jubilee of its petroleum and gas industries. A century ago in April the first key well no. 7 gave a gusher in Karachungul deposit, Zhyloi region, in Aturau, at the depth of 40 meters with daily debit of 20-25 tonnes. The key well belongs to the Petersburg businessman's company, to A.Grum-Grzhimailo, Leman and Deppelmayer. The industrial petroleum extraction began in 1911. In 1998 26.5 million tonnes of raw have been produced. It is expected that that petroleum extraction volume will tripled at the account of Pricaspian oil field. A large portion of petroleum is exported. The output of all 3 refinery plants in Kazakhstan (Atyrau, Pavlodar and Shymkent) does not exceed 18 million tonnes of petroleum per year. There is a problem regarding the increase of oil refining depth, raising the produced products quality and their assortment expansion. No plant produces lubricating oils. The new technologies and much investments are required to solve these problems. (author)

Labour market assessment of the offshore oil and gas industry supply and service sector in Newfoundland and Labrador

International Nuclear Information System (INIS)

2003-09-01

The Petroleum Industry Human Resource Committee (PIHRC) commissioned this study in December 2002 to develop a profile of the labour demand and supply for the upstream production phase of the offshore oil and gas industry. Interviews with representatives from more than 45 countries in the offshore oil and gas sector in Newfoundland and Labrador were conducted. In addition, the results of a mail survey forwarded to an additional 42 companies were included along with a review of secondary labour market research. More than 340 positions were identified in the production phase in the study. Of these, approximately 80 were identified as difficult to recruit for a variety of reasons including: insufficient experience in the oil industry; occupational shortages; short-term or project employment opportunities; very limited employment opportunities and limited occupational supply; lack of specific occupational training programs; and additional projects possibly leading to occupational shortages. The study provided valuable input concerning future labour market and human resource planning and career counselling on the 340 positions previously identified. 10 tabs

Labour market assessment of the offshore oil and gas industry supply and service sector in Newfoundland and Labrador

Energy Technology Data Exchange (ETDEWEB)

NONE

2003-09-01

The Petroleum Industry Human Resource Committee (PIHRC) commissioned this study in December 2002 to develop a profile of the labour demand and supply for the upstream production phase of the offshore oil and gas industry. Interviews with representatives from more than 45 countries in the offshore oil and gas sector in Newfoundland and Labrador were conducted. In addition, the results of a mail survey forwarded to an additional 42 companies were included along with a review of secondary labour market research. More than 340 positions were identified in the production phase in the study. Of these, approximately 80 were identified as difficult to recruit for a variety of reasons including: insufficient experience in the oil industry; occupational shortages; short-term or project employment opportunities; very limited employment opportunities and limited occupational supply; lack of specific occupational training programs; and additional projects possibly leading to occupational shortages. The study provided valuable input concerning future labour market and human resource planning and career counselling on the 340 positions previously identified. 10 tabs.

Modeling policy mix to improve the competitiveness of Indonesian palm oil industry

Energy Technology Data Exchange (ETDEWEB)

Silitonga, R. Y.H.; Siswanto, J.; Simatupang, T.; Bahagia, S.N.

2016-07-01

The purpose of this research is to develop a model that will explain the impact of government policies to the competitiveness of palm oil industry. The model involves two commodities in this industry, namely crude palm oil (CPO) and refined palm oil (RPO), each has different added value. The model built will define the behavior of government in controlling palm oil industry, and their interactions with macro-environment, in order to improve the competitiveness of the industry. Therefore the first step was to map the main activities in this industry using value chain analysis. After that a conceptual model was built, where the output of the model is competitiveness of the industry based on market share. The third step was model formulation. The model is then utilized to simulate the policy mix given by government in improving the competitiveness of Palm Oil Industry. The model was developed using only some policies which give direct impact to the competitiveness of the industry. For macro environment input, only price is considered in this model. The model can simulate the output of the industry for various government policies mix given to the industry. This research develops a model that can represent the structure and relationship between industry, government and macro environment, using value chain analysis and hierarchical multilevel system approach. (Author)

Modeling policy mix to improve the competitiveness of Indonesian palm oil industry

Directory of Open Access Journals (Sweden)

Roland Y H Silitonga

2016-04-01

Full Text Available Purpose: The purpose of this research is to develop a model that will explain the impact of government policies to the competitiveness of palm oil industry. The model involves two commodities in this industry, namely crude palm oil (CPO and refined palm oil (RPO, each has different added value. Design/methodology/approach: The model built will define the behavior of government in controlling palm oil industry, and their interactions with macro-environment, in order to improve the competitiveness of the industry. Therefore the first step was to map the main activities in this industry using value chain analysis. After that a conceptual model was built, where the output of the model is competitiveness of the industry based on market share. The third step was model formulation. The model is then utilized to simulate the policy mix given by government in improving the competitiveness of Palm Oil Industry. Research limitations/implications: The model was developed using only some policies which give direct impact to the competitiveness of the industry. For macro environment input, only price is considered in this model. Practical implications: The model can simulate the output of the industry for various government policies mix given to the industry. Originality/value: This research develops a model that can represent the structure and relationship between industry, government and macro environment, using value chain analysis and hierarchical multilevel system approach.

Privatization of oil companies in Latin America

International Nuclear Information System (INIS)

Forsyth, A.; Mommer, B.; McBeth, B.

1995-01-01

Three linked articles explore the current movement towards privatization in the various countries of South America. While the progress away from state control varies from country to country, the first article argues that the movement will offer economic benefits to the Latin American petroleum industry as a whole, despite the political difficulties which must be overcome. In the second article, public distaste for the nationalization of the Venezuelan oil industry back in 1943, petroleum engineers, economists, private sector representatives and oil industry employees all oppose wholesale privatization, favouring national and private investment within Venezuela. The last author argues for an efficient regulatory framework to oversee privatization schemes. (UK)

Panorama 2012 - The oil and gas producing countries of North Africa and the Middle East

International Nuclear Information System (INIS)

Cueille, Jean-Philippe

2011-11-01

Despite the extent of their reserves, oil production in most countries of the Middle East and North Africa is not likely to increase significantly in the years ahead. Exports from the Middle East, 75% of which are to Asia, and those from North Africa, most of which are focused on Europe, should remain stable overall. The increase in gas production will contribute more to meeting fast-growing domestic demand than to boosting exports. Indeed, many Middle Eastern countries are paradoxically experiencing strains on domestic energy supplies due to energy demand stimulated by energy prices that are generally - and artificially - very low, and the adoption of economic development models based on energy-intensive industries. (author)

The Dutch disease effect in a high versus low oil dependent countries

OpenAIRE

Allegret , Jean-Pierre; Benkhodja , Mohamed Tahar

2014-01-01

To investigate the main impacts of the recent increase of oil price on oil exporting economies, we estimate a DSGE model for a sample of 16 oil exporting countries (Algeria, Argentina, Ecuador, Gabon, Indonesia, Kuwait, Libya, Malaysia, Mexico, Nigeria, Oman, Russia, Saudi Arabia, United Arab Emirates, and Venezuela) over the period from 1980 to 2010, except for Russia where our sample begins in 1992. In order to distinguish between high-dependent and low-dependent countries, we use two indic...

The oil industry experience. Technology cooperation and capacity building

International Nuclear Information System (INIS)

1995-01-01

Technology cooperation is defined as a process of constructive interaction with local, national and international partners to select and apply appropriate technology systems to achieve environmentally sound forms of economic development. Capacity building is the process of constructive interaction between countries and the private sector designed to develop the capability and skills to achieve environmentally sound forms of economic development through the use of modern technologies and management systems, a competent workforce and appropriate laws and regulations. Twelve case histories are presented which demonstrate the efforts of the oil industry to work in partnership with governments, contractors, suppliers and communities in technology cooperation and capacity building to achieve the goals of Agenda 21 which emerged as an action plan from the Rio Earth Summit in 1992. (UK)

Radiation protection programme in the oil and gas industry

International Nuclear Information System (INIS)

Essien, E. C.

2014-04-01

The oil and gas industry uses many radiation sources in various radiation based technologies which are of great benefit to the industry, this includes nucleonic gauges, multiphase flow meters, well logging etc. Inappropriate use of these equipment and installations and uncontrolled activities associated with naturally occurring radioactive materials (NORM) can contaminate the environment resulting in occupational and public exposures. The objective of this work is to develop a Radiation Protection Programme (RPP) for the oil and gas industry which when implemented by the operating organisation will keep doses to the workers and public as low as reasonably achievable (ALARA), maximize the benefits while minimizing the hazards associated with the use of radiation based technologies. In order to achieve the aim of this work, review of previous works on radiation sources in nucleonic gauges, well logging and waste management processes of NORMs was carried out. Some recommendations were stated, which if strictly implemented would improve the scope of radiation protection in the oil and gas industries. (au)

Edible Oil Industry Wastewater Treatment by Microfiltration with Ceramic Membrane

OpenAIRE

Zita Šereš; Dragana Šoronja Simović; Ljubica Dokić; Lidietta Giorno; Biljana Pajin; Cecilia Hodur; Nikola Maravić

2016-01-01

Membrane technology is convenient for separation of suspended solids, colloids and high molecular weight materials that are present. The idea is that the waste stream from edible oil industry, after the separation of oil by using skimmers is subjected to microfiltration and the obtained permeate can be used again in the production process. The wastewater from edible oil industry was used for the microfiltration. For the microfiltration of this effluent a tubular membrane was used with a pore ...

Economic Exposure to Oil Price Shocks and the Fragility of Oil-Exporting Countries

Directory of Open Access Journals (Sweden)

Toon Vandyck

2018-04-01

Full Text Available From a price range between 100 and 120 USD (U.S. dollars per barrel in 2011–2014, the crude oil price fell from mid-2014 onwards, reaching a level of 26 USD per barrel in January 2016. Here we assess the economic consequences of this strong decrease in the oil price. A retrospective analysis based on data of the past 25 years sheds light on the vulnerability of oil-producing regions to the oil price volatility. Gross domestic product (GDP and government revenues in many Gulf countries exhibit a strong dependence on oil, while more diversified economies improve resilience to oil price shocks. The lack of a sovereign wealth fund, in combination with limited oil reserves, makes parts of Sub-Saharan Africa particularly vulnerable to sustained periods of low oil prices. Next, we estimate the macroeconomic impacts of a 60% oil price drop for all regions in the world. A numerical simulation yields a global GDP increase of roughly 1% and illustrates how the regional impact on GDP relates to oil export dependence. Finally, we reflect on the broader implications (such as migration flows of macroeconomic responses to oil prices and look ahead to the challenge of structural change in a world committed to limiting global warming.

Crisis and adjustment variables of Mediterranean oil states

International Nuclear Information System (INIS)

Beraud, Philippe; Jablanczy, Adrienne

2010-01-01

This paper deals with the performance of the Mediterranean and the other Arabian oil exporting countries. As far as the resource-based industry is concerned, it could be interesting to notice that the performance of these countries is linked to sectoral mix, nature of industry, type of enterprise, nature of joint-venture contracts and obviously macro-economic policies. The studies on the relationship between oil resources, oil production and valorization and global growth show that oil sector is not reliable, especially if we take into account the gap between low and high absorbing countries in the Arab world. In the first group of countries, oil revenues have a positive and significant effect on economic growth and development. In the second group of countries, oil revenues often copy with the Dutch-disease type resource reallocation process and have a negative effect on growth and development. Three alternative ways seem to be opened for these countries. And we study each of them: growing influence of profit sharing contracts between the state-owned companies and the international oil companies linked to technology transfers agreements, entrepreneurial and managerial trajectories coping with the influence of small and medium enterprises, effects of the regional integration in the framework of the Euro-Mediterranean trade agreements

Oil market outlook

International Nuclear Information System (INIS)

Starling, Philip

1997-01-01

The role of the International Energy Agency's (IEA) ''OiMarket Report'' is described in terms of its response to and support for oil companies seeking to monitor short-term global oil market developments. The document is increasingly used for reference both by industry and governments. Data is compiled from oil companies, consultants, and government, and OECD countries provide supply/demand oil balance data by product grade on a monthly basic. (UK)

The impact of corrosion on oil and gas industry

International Nuclear Information System (INIS)

Kermani, M.B.; Harrop, D.

1995-01-01

The impact of corrosion on the oil industry has been viewed in terms of its effect on both capital and operational expenditures (CAPEX and OPEX) and health, safety and the environment (HSE). To fight against the high cost and the impact of corrosion within the oil industry, an overview of topical research and engineering activities is presented. This covers corrosion and metallurgy issues related to drilling, production, transportation and refinery activities

Dioxin monitoring in fats oils for the feed industry

NARCIS (Netherlands)

Asselt, van E.D.; Sterrenburg, P.

2011-01-01

The aim of the present project was to determine the most critical steps in the production of fats and oils. First, production processes of vegetables oils, animal fat, fish oil, biodiesel and fat blending were studied and experts from the industry as well as in-house dioxin experts were consulted to

A survey of oil product demand elasticities for developing countries

International Nuclear Information System (INIS)

Dahl, Carol

1994-01-01

As more and more developing countries join the ranks of the rich they will consume both more oil and higher percentage of the lighter products. To satisfy this growing demand oil production and refinery capacity that can provide the right quantity and mix of products must be developed. In a companion piece, Dahl (1993) found the total demand for oil to be price inelastic (-0.34) and income elastic (1.32) These elasticities can give information on the total quantity of oil that might be demanded, the total amount of distillation capacity that might be needed and the overall increases in product prices that might be necessary to choke off demand growth. However, with this overall growth in product demand, the more the shift towards the lighter portion of the barrel, the more complex the refinery and the greater the demand for downstream capital. To provide information on this mix in developing countries in the coming years, this paper surveys the available work on econometric demand elasticities by oil product. (author)

Oil and Gas Industry In Qatar

International Nuclear Information System (INIS)

1992-12-01

In less than two decades, numerous impressive developments have taken place. These include: the realization of full ownership and complete control by the State over oil and gas operations and related industries, the establishment of Qatar General Petroleum Corporation (QGPC), the development of exploration and production activities, the full utilization of natural gas in industry and domestic sectors and the construction of down stream industries in the industrial area (Umm Said) including the refinery, the natural gas liquids plants and the fertilizer and petrochemical complexes. Such important achievements have been crowned with the development of the North Field massive reserves of non associated gas. 4 figs

International oil law

International Nuclear Information System (INIS)

Torkzad, B.

1997-01-01

The 1973 energy crisis demonstrated that the international petroleum industry is not totally free. Very often it has been the object of an organization, even during the domination of international oil companies which have established a petroleum international system with a system of concession rights. This system is based on an oligopolistic structure which had the characteristics of a monopoly. This vertically integrated structure of the world petroleum industry during the 1920-1950 era was more or less locked up by the system of concessions. The incompatibility of this system of excessively long concession contracts with the economical development needs of oil exporting countries has led to their abolishment. They have been replaced by new agreements. As soon as the creation of stable and permanent international oil organizations (OPEC, OAPEC, IEA), an institutional right has been established which has generated international rights and principles governing the contractual relations between oil exporting and oil importing countries. This international petroleum right is both original and specific, it is evolutive, contractual and normative. (J.S.)

Report on the oil and gas industry in 2009

International Nuclear Information System (INIS)

2010-01-01

Illustrated by graphs and tables of data, this report discuss the recent evolutions of world oil and gas markets in 2009, of the oil and gas exploration and production in the world, of the issue of European gas supplies, of the exploration and production in France, of the oil industry and oil services, of hydrocarbon imports, of refining activities in France, of the quality of fuels, of substitution fuels, of the domestic transportation of oil products, of gas infrastructures, of oil product storage, of oil and gas products consumption, of hydrocarbon taxing, of gas price for the end consumer, of oil product prices, and of the retailing of oil products

Climate change in the North and the oil industry

Energy Technology Data Exchange (ETDEWEB)

Rottem, Svein Vigeland; Moe, Arild

2007-11-15

How will climate change affect oil industry operations in the High North? The report analyses impacts in the North that are different from, or come in addition to, the impacts felt globally, from two angles: One outlining climate-related changes in nature and their impacts on oil industry operations, and the second discussing actual and possible policy responses and their impact. Forecasts and scenarios developed by climate scientists indicate that the situation is volatile. The climate and weather will be less predictable. Although the long term tendency is clear, there will be large variations in ice from year to year, with some seasons colder and with more ice than what has been 'normal' in recent years. The industry cannot count on areas remaining ice-free, and when it comes to fixed installations it will have to prepare for a situation in 2030 with maximum ice not much different than today. Climate policies are not likely to have a strong direct impact on the operations of oil companies in the north, but the climate development in the North is likely to impact other political processes, public opinion and consumers. In turn they may affect the conditions for oil industry operations. (author). 49 refs., 7 figs

The oil and gas industry and the Canadian economy: a backgrounder

International Nuclear Information System (INIS)

1999-06-01

The technological and economic significance of the Canadian petroleum industry to the national economy and to Canada's standing in the world are reviewed. The six key ways in which the oil and gas industry affects Canada, namely employment, balance of trade, products, government revenues, international technology trade and community support are stressed within the context of describing present and future oil and gas resources, Canada's petroleum and natural gas trade balance, and capital spending and product sales. Attention is also drawn to the role of the Canadian petroleum and natural gas industry as a producer and exporter of world class technology, especially in the areas of high tech exploration methods, cold-climate and offshore operations, enhanced recovery techniques, heavy oil production and and processing, mining and upgrading of oil sands bitumen, oil well firefighting, and environmental protection technology. maps, figs

Role of oil imports in economic development

International Nuclear Information System (INIS)

Madduri, V.B.N.S.; Radhika, G.

1990-01-01

This paper reports that energy has a vital role to play in a developing economy. The process of industrialization calls for continuous increase in energy use. In general, the greater the use of energy, the higher the economy is placed in the order of developed countries. Countries with high per-capita income have a high consumption level of energy too. On a per-capita basis, energy consumed in U.S.A. is 51.7 barrels of oil equivalent per year while in India, it is 0.9 barrels of oil equivalent only. Therefore, energy consumption, industrial development and economic growth are interlinked. Energy became a significant part in the process of development. In the case of developing countries, any change in the price of oil has a negative effect on economic growth. It was stated in one of the Oil and Natural Gas Commission reports that a fivefold increase in the international price of oil, in real terms, over the past 15 years has had profound effects on balance of payments and growth prospects in developing countries

Nuclear power aspects in an oil and coal producing country

International Nuclear Information System (INIS)

Iljas, J.; Subki, I.

1977-01-01

In the near future the Government of Indonesia will face a crucial problem, when it has to decide which kinds of energy resources would be reasonably feasible to replace the oil which is currently being used in the country as the main source of energy supply. A description is given of the presently known energy reserves and its potential in the Indonesian Archipelago and specifically on the island of Java. These resources comprise, next to oil, a significant amount of bituminous coal, natural gas, and some hydro and geothermal power. Previous indications of the existence of radioactive minerals have been confirmed lately. The possible use of solar and wind energy on the eastern Indonesian islands is being discussed. A number of studies and opinions expressed at national scientific meetings on the topic of energy have suggested the use of coal and nuclear power as the most economical resources to replace oil as of the beginning of the eighties. A number of constraints, for both coal and nuclear power, are being discussed. They mostly touch the technical, economical, financial and political aspects. A comparison study is made of coal versus nuclear power under the present local conditions. The prospects of nuclear power are reviewed, including the initial steps leading thereto, which have already been taken. In this connection the role of a domestic nuclear industry is being discussed, and also the accelerating effect it may have in the distant future on the growth of electricity from nuclear energy

Offshore industry: medical emergency response in the offshore oil and gas industry.

Science.gov (United States)

Ponsonby, Will; Mika, Frano; Irons, Greg

2009-08-01

The hunt for oil and gas has taken workers into new more distant locations including those offshore. The remoteness of the offshore platforms and vessels coupled with the potential risk of being cut off by bad weather presents particular challenges for medical emergency response (MER). Firstly to define the challenges for MER in terms of locations, population and epidemiology of injuries and illnesses in the offshore environment. Secondly to give examples of legal requirements and industry standards to manage MER. Thirdly to look at existing and emerging practice to manage these challenges. A review of published literature was supplemented with a summary of current practice in the industry. Medical professionals (medics) working offshore on installations and vessels are primarily responsible for the medical care of the workers. The medics have clinics with suitable medical equipment for managing emergencies as well as providing limited primary care. Some countries have legislation that stipulate minimum requirements. Where there is no national legislation, industry and company guidance is used to define the MER standards. Supervision of the offshore medics is often provided by doctors on shore via radio and phone links. These methods of communication are now being augmented with more sophisticated telemedicine solutions such as the Internet and live video links. These newer solutions allow for prompt high-quality care and provide the scope for a variety of new treatment options to be available for the offshore workforce.

Government and industry roles in heavy oil resource development

International Nuclear Information System (INIS)

Sharp, D.A.

1994-01-01

Developing a heavy oil deposit in Canada requires proper reservoir selection and ongoing resrvoir management. The number of unexploited heavy oil reservoirs whch can be economically produced through primary methods is rapidly declining. In addition, primary recoveries of 5-10% of the heavy oil in place are unacceptable and recovery rates of over 50% are needed. Enhanced thermal recovery projects are therefore needed, but these entail significant technical and commodity pricing risks. It is suggested that provincial governments recognize those risks and offer incentives by not encumbering such projects with up-front royalties. If industry is to assume the risks, governments must develop a fiscal regime that allows for a satisfactory return on capital and acceptable sharing of profits. At the federal level, it is suggested to broaden the interpretation of research and development activity to include enhanced recovery projects, making the tax breaks available to scientific research also available to heavy oil development. Government policies favoring heavy oil in Saskatchewan and Alberta are cited as good examples of ways to encourage the heavy oil industry

Embedding industrial policy in oil-states:The mixed-effects of an uncoordinated state and the strategies of the Venezuelan business elites at the close of an oil boom (2012-2014)

OpenAIRE

Rios Ludena, Eduardo; Dabène, Olivier

2016-01-01

The evidence of the bolibourgeois (the new rich of the bolivarian revolution headed by Hugo Chávez) reveals an uncoordinated dual institutional structure generating mixed-incentives. This type of institutional structure is prevalent in oil countries and states suck in the middle-income trap. In these countries, where industrial policy is a political necessity, an uncoordinated state is usually the norm. In these states, the strategies of the business elites follow the incentives generated ...

Achieving a Carbon Neutral Society without Industry Contraction in the Five Major Steel Producing Countries

Directory of Open Access Journals (Sweden)

Kyunsuk Choi

2016-05-01

Full Text Available This study analyzed the direct and indirect CO2 emissions of the energy-intensive basic metals industry, in particular steels, using the distributions of various energy sources, including coal/peat, oil, and electricity, from an input–output table. An analysis of five major steel producing countries indicated that direct CO2 emissions increased 1.4-fold and that indirect CO2 emissions increased by more than two-fold between 1995 and 2010. The elasticity of the CO2 emissions and the total energy costs indicated that Korea, Japan, and Germany are sensitive to energy sources from the electric power industry, whereas China and the US are more sensitive to energy sources pertaining to the coal and oil industry. Using the available forest area and photosynthesis, the potential neutralization ability of CO2 was estimated using the eco-CO2 index. The US yielded the highest CO2 neutralization ability of 66.1%, whereas Korea yielded a CO2 neutralization ability of 15%. Future trends of the 2030 eco-CO2 index revealed China and Korea will rapidly lose their neutralization ability resulting in a net negative neutralization ability if left unabated. The significant decline in the eco-CO2 index for the basic metals industry may be inhibited by utilizing bamboo wood charcoal for pulverized coal injection (PCI in the steelmaking process.

The impacts of global oil price shocks on China's fundamental industries

International Nuclear Information System (INIS)

Wang, Xiao; Zhang, Chuanguo

2014-01-01

This paper investigated the impacts of oil price shocks on China's fundamental industries. In order to analyze the reactions of different industries to oil price shocks, we focused on four fundamental industries: grains, metals, petrochemicals and oil fats. We separated the oil price shocks into two parts, positive and negative parts, to investigate how commodity markets react when oil prices go up and down. We further studied the extreme price movements, called jumps, existing in the oil markets and how jump behavior has affected China's commodity markets. Our results suggest that asymmetric effects of oil price shocks did exist in the four markets and the negative oil price shocks had stronger influences on the four markets in China. The petrochemicals market suffered most from the oil price shocks, and the grains market was least sensitive to the shocks. When jumps occurred in the crude oil market, the four commodity markets would be affected differently. The oil fats market and petrochemicals market tended to “overreact” to jumps. - Highlights: • We investigate the impacts of oil price shocks on China's fundamental industries. • Jump behavior does exist in the crude oil market. • The impacts of oil price shocks are asymmetric. • China's four commodity markets are affected by the jump behavior

Entrepreneurial Leadership in Upstream Oil and Gas Industry

OpenAIRE

Kalu, Mona Ukpai

2015-01-01

The study examined Entrepreneurial leadership in Upstream Oil and Gas industry and its ability to accelerate innovative energy technology development. The declining deliverability from existing reservoirs and ever increasing demand for energy to fuel growth in many parts of the world is driving oil and gas exploration into more difficult to access reservoirs like bituminous sands and shale gas. Accelerating new innovative technology development to access these new streams of profitable oil an...

Background and Effects of Deepening Reform of the Oil and Gas Industry System

Institute of Scientific and Technical Information of China (English)

Wang Zhen

2017-01-01

Under the background of a fourth wave of industrial revolution and a period of worldwide energy transformation,deepening the reforms in the oil and gas industry system is of great significance.After reviewing the achievements and summarizing the problems of the oil and gas industry in China,this paper lays emphasis on the key aspects of this new round of deepening reforms,and holds the position that this reform,based on the implementation of the national energy strategy,covers the entire oil and gas industry chain by liberalizing market access,reforming market mechanisms,and strengthening management.The reform will bring far-reaching effects upon the entire chain and the participants of the oil and gas industry.It wilt help to improve the market-oriented allocation of resources,allow enterprises to interact as competitors,and enhance the national oil and gas security.

Basic research on energy conservation in developing countries. Joint research on oil conservation (research report on the industrial basis of Socialist Republic of Vietnam); Hatten tojokoku energy shohi koritsuka kiso chosanado jigyo sekiyu shohi koritsuka kyoryoku chosa. Betonamu shakai shugi kyowakoku sangyo kiso chosa hokokusho

Energy Technology Data Exchange (ETDEWEB)

NONE

1996-03-01

The field research of oil conservation was conducted in developing countries, in particular, Vietnam where a steep increase in oil consumption is anticipated in the future. Energy conservation is the most effective direct measures to control combustion of fossil fuels, and an important issue to be promoted by all countries in the world to prevent global warming and reserve energy resources. In fiscal 1994, main industries in the northern part of Vietnam were researched. In fiscal 1995, the report meeting of plant survey results in the northern part and the technical seminar of energy-saving in industrial field were held, and plants around Ho Chi Minh City in the southern part of Vietnam were researched. Although Vietnam has recently acquired membership in ASEAN and is undergoing dramatic economic growth, has many problems in environmental measures. Japan has top-ranking results on energy-saving in industrial field, and the transfer of such superior technologies and techniques will greatly contribute to resource and global warming problems as well as pollution control measures in Vietnam. 13 refs., 25 figs., 26 tabs.

PIPELINE CORROSION CONTROL IN OIL AND GAS INDUSTRY: A ...

African Journals Online (AJOL)

user

protection technique as a method of controlling corrosion in oil and gas pipelines is effective and efficient when compared to ... In the field of crude oil production and associated engineering .... Industrial/Mechanical Systems, Joen Printing and.

Contingency planning for oil spill response: A program of joint IMO/oil industry regional seminars

International Nuclear Information System (INIS)

Bavister, R.; Wonham, J.

1993-01-01

Cooperative efforts between the oil industry and governments at the national and local levels have resulted in a series of reports for both technical and general audiences on subjects relating to oil spills, as well as an ongoing series of government/industry regional seminars for senior executives. The seminars emphasize the crucial importance of joint government/industry attention to contingency planning. These activities, which are continuing, are organized under the auspices of an International Petroleum Industry Environmental Conservation Association working group, and the International Maritime Organization. Feedback is solicited from seminar participants for use in planning further seminars and to give the IMO a clear picture of follow up activities that have resulted from the seminars

Sustainable development and the oil and gas industry. A tense relationship?

Energy Technology Data Exchange (ETDEWEB)

Harkink, E.

2003-12-01

The behaviour of a multinational company stems from strategic considerations. With the globalisation of our economy and society as a whole, information became easier retrievable. Companies had to expand their organisational scope. Consequently, the pressure on companies to act responsibly mounted over the years. Companies have gradually come to realise that they have to fulfil a societal duty and started a slow move towards sustainability. This pressure is particularly high on the international oil and gas companies that provide the whole world with energy. Corporate sustainable development can only be realised when every organisational activity takes notice of the demands of the concept. To comply with these demands a company needs to meet the needs of the present generation without compromising the ability of future generations to meet theirs. Sustainable development requires a company to take its economic, environmental and social responsibilities seriously. This paper assesses the attitude of 26 international oil and gas companies with respect to sustainable development. For this purpose, an attitude test model was developed that qualifies the companies' level of sustainability along 5 predefined levels. Increased sustainability is related to better care for the companies' impact. The companies' annual reports of the year 2000 were used as main source of information. On average the industry reached an overall sustainability score of 2.84. This score represents an attitude that goes beyond compliance, but has not yet reached the level of pro-activeness. The companies' attitude towards the environment is worse, with an average score of 2.56. Most companies do not take it much further than is needed to secure their licence to operate. In comparison, West-European companies have the best attitude towards sustainable development, followed by Canada, America, Australia and Russia. The influence of home country characteristics is statistically

Construction industry in developing countries

Energy Technology Data Exchange (ETDEWEB)

Moavenzadeh, F

1978-01-01

This paper provides a review of the construction capability available in the developing countries to meet the demand for shelter. It discusses the role of construction in the process of development and its importance to economic growth. It considers the issue facing the growth of a viable indigenous construction industry in the developing world within the context of the activities involved in the creation of constructed facilities--planning, design, contruction and maintenance; it also examines the environment within which the industry has developed. For each construction activity the paper reviews available capabilities, the various resources needed for the development of an indigenous industry, and some possible means of accommodating these needs.

Oil and development in Brazil: Between an extractive and an industrialization strategy

International Nuclear Information System (INIS)

Paz, M. José

2014-01-01

In the wake of the commodity boom, “new development strategies” in Latin America are centering on the industrialization of natural resources, thereby questioning the “resource curse” thesis and linking the economic performance of this activity with the institutional framework. In this context, the aim of this paper focusing on the Brazilian oil sector is to analyze the implementation of a resource-based industrialization strategy. After analyzing the Brazilian institutional framework and identifying the key features of a resource-based industrialization strategy, we assess its development and identify its scope and limitations. - Highlights: • We analyze the Brazilian oil sector’s institutional framework. • We analyze the influence of the institutional framework in the Brazilian oil sector performance. • We identify the key features of a resource-based industrialization strategy. • We assess the performance of the Brazilian oil sector and, in particular, its industrialization path

Republic of Venezuela. Country profile.

Science.gov (United States)

Hakkert, R

1985-06-01

Venezuela's current economic and demographic situation is described. Venezuela is a major oil country, and the oil industry accounts for 90% of the country's foreign exchange, 70% of the government's revenues, and 15% of the gross domestic product. The economy experienced a sudden and high rate of economic growth in the mid-1970s as a result of high oil prices; however, in recent years, declining oil prices have had a negative effect on the economy. The country is now faced with a serious trade deficit, and the government recently imposed restrictions on imports. Imports in recently years had increased markedly. The emphasis on the oil industry weakened the agricultural sector and, as a result, food imports increased. In addition, the rapid economic growth experienced during the 1970s greatly increased the demand for imported consumer goods. Venezuela has the 4th highest foreign debt in the world (US$35 billion). Despite these problems Venezuela has a relatively high per capita income (US$4,140) and living standard, compared to other countries in the region. Venezuela's total population is 14.6 million, and the population is unevenly distributed. 86% of the population lives in cities of 2500 or more. 37.4% of the population and 70% of the industry is concentrated in the Federal District which contains Caracas, and in the surrounding states of Aragua, Miranda, and Carabobo. This area constitutes only 2.36% of the country's territory. Most of the oil fields are located in the state of Zulia which also contains the country's 2nd largest city (Maracaibo). The country's coastal area contains most of the agricultural lands, and the prairies just south of the coastal mountain ranges are devoted primarily to cattle raising. The remaining 58.2% of the country's territory is essentially jungle and contains only 6.9% of the country's population. The annual population growth rate is 3.11%. Although the rate declined in recent years it is higher than in most of the other

DEMAND FOR OIL PRODUCTS IN OPEC COUNTRIES: A PANEL COINTEGRATION ANALYSIS

Directory of Open Access Journals (Sweden)

Nourah Al Yousef

2013-01-01

Full Text Available The increasing consumption of oil-refined products on OPEC countries will have its impact on the availability of oil exports. The goal of this paper is to examine the determinants of oil refined products’ consumption for a panel consisting of 7 OPEC countries, namely, Algeria, Kuwait, Libya, Qatar, Saudi Arabia, United Emirates and Iran for the period of 1980–2010, by employing the recently developed panel data unit root tests and panel data cointegration techniques. Furthermore, conditional on finding cointegration, the paper extends the literature by employing the Pedroni Panel Fully Modified Ordinary Least Squares (FMOLS Dynamic OLS (DOLS procedure to generate. The study estimates the demand for Gasoline, Kerosene and Diesel. An attempt is also made to assess the impact of this demand on the future availability of OPEC oil exports.

BC's oil and gas industry : opportunities and challenges

International Nuclear Information System (INIS)

Alvarez, P.

2003-01-01

An update of the Canadian petroleum and natural gas industry was presented with reference to activity trends and major issues. The presentation also described opportunities and challenges facing the industry in British Columbia and reviewed the impact of federal policies on BC. In recent years the industry has moved to oil sands and unconventional gas, offshore sites, and coalbed methane development. Other changes are a result of technology which makes it possible to drill deeper and faster while having less environmental impact. Government issues have become increasingly complex, however. Industry capital spending from 2000 to 2003 was presented for Northern Canada, the east coast offshore, Alberta, the Western Canada Sedimentary Basin, oil sand deposits, and international activities. The presentation included several graphs depicting: the changing natural gas production mix; North American natural gas demand; wells drilled by province; natural gas resources in BC; upstream capital spending in BC; wells drilled by type and depth in BC; top natural gas wells in 2000 and 2002; natural gas production in BC; finding and development costs for Canadian natural gas; and, the widening gap of the federal income tax rate between oil and natural gas and other industries. British Columbia is in the strategic position of having significant untapped gas potential in the northeastern part of the province. For now, there is sufficient pipeline capacity to bring the gas to markets in the United States where there is a strong demand for electric power generation. 16 figs

Background issues of oil supply trading in Pacific island countries

International Nuclear Information System (INIS)

1990-01-01

The 1980s has been a decade of considerable change within the petroleum industry resulting in new supply arrangements and continued uncertainty within the island countries about reasonable supply and pricing terms. Formulating an effective response is all the more challenging for small countries which have only recently become independent, which have miniscule public sector organizations responsible for energy policy and which occupy a region where petroleum dominates commercial energy use to a greater extent, well over 90 per cent, than any other part of the world. During the past five years the Energy Resources Section of ESCAP, and staff members of the Energy Program within the East West Center in Honolulu have frequently worked closely with the Pacific Energy Development Programme (PEDP) to advise Pacific island Governments on a wide range of petroleum policy and administration issues, including shipping, overall supply arrangements, contracts for refined products, price control and monitoring, regional co-operation, and storage options. They have also organized a number of formal and informal training activities within the petroleum sector and worked closely with a World Bank team which investigated regional bulk oil purchase in 1986. This report is of interest to readers concerned with options facing small countries, from both national and regional perspectives, for dealing with petroleum policy. Refs, figs and tabs

Energy efficiency programs and policies in the industrial sector in industrialized countries

Energy Technology Data Exchange (ETDEWEB)

Galitsky, Christina; Price, Lynn; Worrell, Ernst

2004-06-01

About 37% of the primary energy consumed both in the U.S. and globally is used by the industrial sector. A variety of energy efficiency policies and programs have been implemented throughout the world in an effort to improve the energy efficiency of this sector. This report provides an overview of these policies and programs in twelve industrialized nations and the European Union (EU). We focus on energy efficiency products and services that are available to industrial consumers, such as reports, guidebooks, case studies, fact sheets, profiles, tools, demonstrations, roadmaps and benchmarking. We also focus on the mechanisms to communicate the availability and features of these products and services and to disseminate them to the industrial consumers who can use them. Communication channels include customer information centers and websites, conferences and trade shows, workshops and other training mechanisms, financial assistance programs, negotiated agreements, newsletters, publicity, assessments, tax and subsidy schemes and working groups. In total, over 30 types of industrial sector energy efficiency products, services and delivery channels have been identified in the countries studied. Overall, we found that the United States has a large variety of programs and offers industry a number of supporting programs for improving industrial energy efficiency. However, there are some products and services found in other industrialized countries that are not currently used in the U.S., including benchmarking programs, demonstration of commercialized technologies and provision of energy awareness promotion materials to companies. Delivery mechanisms found in other industrialized countries that are not employed in the U.S. include negotiated agreements, public disclosure and national-level tax abatement for energy-efficient technologies.

14 CFR 61.93 - Solo cross-country flight requirements.

Science.gov (United States)

2010-01-01

... 14 Aeronautics and Space 2 2010-01-01 2010-01-01 false Solo cross-country flight requirements. 61... Solo cross-country flight requirements. (a) General. (1) Except as provided in paragraph (b) of this section, a student pilot must meet the requirements of this section before— (i) Conducting a solo cross...

Physics-Driven Innovation In the Oil and Gas Industry

Science.gov (United States)

Poitzsch, Martin

2014-03-01

In terms of sheer scale and financial investment and geographical footprint, nothing is bigger than the oil and gas industry. This ``mature industry'' employs a bewildering mix of technologies dating from the 19th century to the 21th. Oil well construction represents one of the largest volume markets for steel tubulars, Portland cement, and high-quality sand. On the other hand, advanced 3D seismic data processing, shaped-charge perforating, and nuclear well logging have consistently driven forward the state of the art in their respective areas of applied science, as much or more so than defense or other industries. Moreover, a surprising number of physicists have made their careers in the oil industry. To succeed at introducing new technology requires understanding which problems most need to be solved. The most esoteric technology can take off in this industry if it honestly offers the best solution to a key problem that is costing millions of dollars in risk or inefficiency. When the right breakthrough solution emerges, the resources to implement it can be almost limitless. However, the prevailing culture is conservative and brutally cost-driven: any cheaper or simpler solution that performs as well will prevail, no matter how inelegant!

Understanding and managing environmental liability in the Saskatchewan oil and gas industry

International Nuclear Information System (INIS)

Andrychuk, L.D.; LeBlanc, L.B.

1998-01-01

An overview of Saskatchewan legislative framework regarding the oil and gas industry was presented. In the oil and gas industry, environmental issues are regulated at the provincial level, but the industry must also be aware of federal environmental law when dealing with federal lands, federal financial assistance, interprovincial or international projects or projects which have transboundary environmental effects. In this context, the provisions of the Oil and Gas Conservation Act (OGCA) and the Oil and Gas Conservation Regulations (OGCR), the licensing of oil and gas wells, the acquisition and surrender of surface rights, and the procedures involved in environmental assessment approval were outlined. Emission control, air pollution abatement, the storage and disposal of hazardous materials, environmental issues in property transactions, and corporate environmental management are also subject to regulation under OGCA and OGCR. 42 refs

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

Quality. [Quality in the oil industry

Energy Technology Data Exchange (ETDEWEB)

Burnett, N [Anadrill HSE, Aberdeen (United Kingdom); Jeffries, J [Dowell UK Training Center, Aberdeen (United Kingdom); Mach, J [Dowell North America, Sugar Land, TX (United States); Robson, M [Schlumberger North America, Sugar Land, TX (United States); Pajot, D [Geco-Prakla, Stavanger (Norway); Harrigan, J; Lebsack, T [Schlumberger Perforating and Testing Center, Rosharon, TX (United States); Mullen, D [Schlumberger South America, Bogota (Colombia); Rat, F [Sedco Forex, Montrouge (France); Theys, P [Schlumberger, Montrouge (France)

1993-01-01

What is quality How do you achieve it How do you keep it once you have got it. The answer for industry at large is the three-step hierarchy of quality control, quality assurance and Total quality Management. An overview is given of the history of quality movement, illustrated with examples from Schlumberger operations, as well as the oil industry's approach to quality. An introduction of the Schlumberger's quality-associated ClientLink program is presented. 15 figs., 4 ills., 16 refs.

Multifractal cross-correlations between crude oil and tanker freight rate

Science.gov (United States)

Chen, Feier; Miao, Yuqi; Tian, Kang; Ding, Xiaoxu; Li, Tingyi

2017-05-01

Analysis of crude oil price and tanker freight rate volatility attract more attention as the mechanism is not only the basis of industrialization but also a vital role in economics, especially after the year 2008 when financial crisis notably blew the maritime transportation. In this paper, we studied the cross-correlations between the West Texas International crude oil (WTI) and Baltic Exchange Dirty Tanker Index (BDTI) employing the Multifractal Detrended Cross-Correlation Analysis (MF-DCCA). Empirical results show that the degree of short-term cross-correlation is higher than that in the long term and that the strength of multifractality after financial crisis is larger than that before. Moreover, the components of multifractal spectrum are quantified with the finite-size effect taken into consideration and an improved method in terms of constructing the surrogated time series provided. Numerical results show that the multifractality is generated mostly from the nonlinear and the fat-tailed probability distribution (PDF) part. Also, it is apparent that the PDF part changes a lot after the financial crisis. The research is contributory to risk management by providing various instructions for participants in shipping markets. Our main contribution is that we investigated both the multifractal features and the origin of multifractality and provided confirming evidence of multifractality through numerical results while applying quantitative analysis based on MF-DCCA; furthermore, the research is contributory to risk management since it provides instructions in both economic market and stock market simultaneously. However, constructing the surrogated series in order to obtain consistence seems less convincing which requires further discussion and attempts.

Cross-country Evidence on the Demand for Money

OpenAIRE

Serletis , Apostolos; Vaccaro , Jason

2006-01-01

In this article we examine money demand issues using cross-country data, for 48 countries over the 1980-1995 period. In particular, we investigate conventional money demand functions, for both narrow and broad aggregates, and the role that institutions, financial structure and financial development may have in the demand for money. On the basis of possible heterogeneity within the cross-country data set, we exploit Bayesian classification and finite mixture models to partition the data based ...

48 CFR 225.872-7 - Industrial security for qualifying countries.

Science.gov (United States)

2010-10-01

... 48 Federal Acquisition Regulations System 3 2010-10-01 2010-10-01 false Industrial security for... Agreements and Coordination 225.872-7 Industrial security for qualifying countries. The required procedures... qualifying country sources are in the DoD Industrial Security Regulation DoD 5220.22-R (implemented for the...

The transformation of the global oil industry and its impact on international relations

International Nuclear Information System (INIS)

Appleyard, J.

1994-01-01

The transformations of ownership and control in the global oil industry since the first oil shock of 1974 are discussed and the impact of that change on several interconnected issues is explored. It is argued that structural changes in the industry affect interstate relations in ways that are of central concern to the discipline of international relations. Any likely future oil industry scenario will have considerable political and economic repercussions for both producer and consumer states, with a concommitant impact on the relations between those states more generally. There is a danger that interstate conflicts among oil producers will increase with perodic changes in the global supply and demand conditions for oil. Ways are suggested for international relations studies to take into account the change in the global oil industry and its impact on the distribution of power and on international order and justice. It is contended that a growing number of states must be considered as behaving much like firms in a competitive market, and the new international oil order both constrains and provides opportunities for those firm-like states. 20 refs

Decision Support Model for Selection Technologies in Processing of Palm Oil Industrial Liquid Waste

Science.gov (United States)

Ishak, Aulia; Ali, Amir Yazid bin

2017-12-01

The palm oil industry continues to grow from year to year. Processing of the palm oil industry into crude palm oil (CPO) and palm kernel oil (PKO). The ratio of the amount of oil produced by both products is 30% of the raw material. This means that 70% is palm oil waste. The amount of palm oil waste will increase in line with the development of the palm oil industry. The amount of waste generated by the palm oil industry if it is not handled properly and effectively will contribute significantly to environmental damage. Industrial activities ranging from raw materials to produce products will disrupt the lives of people around the factory. There are many alternative technologies available to process other industries, but problems that often occur are difficult to implement the most appropriate technology. The purpose of this research is to develop a database of waste processing technology, looking for qualitative and quantitative criteria to select technology and develop Decision Support System (DSS) that can help make decisions. The method used to achieve the objective of this research is to develop a questionnaire to identify waste processing technology and develop the questionnaire to find appropriate database technology. Methods of data analysis performed on the system by using Analytic Hierarchy Process (AHP) and to build the model by using the MySQL Software that can be used as a tool in the evaluation and selection of palm oil mill processing technology.

A New Well Classification Scheme For The Nigerian Oil Industry

International Nuclear Information System (INIS)

Ojoh, K.

2002-01-01

Oil was discovered in the Niger Delta Basin in 1956, with Oloibiri 1, after 21 wildcats had been drilled with lack of success. In the 46 years since, 25 companies have discovered 52 Billion barrels, of which 20 Billion has been produced, leaving proven reserves of 32 Billion Barrels.Between now and 2010, the country would like to add 15 billion barrels of oil to these reserves. The target is 40 Billion barrels. The National aspiration is to be able to obtain OPEC quota to produce 4 million barrels of oil per day. A large percentage of the reserves additions will definitely come from the deepwater segment of the basin, where fields of over 500 Million barrels are expected. Exploration also continues on the shelf and on land, but the rate of discovery in these areas is - after 46 years of constant effort - constrained by the relative maturity of the basin.The challenges are that few, small, untested structures remain on shelf and land, whereas most undiscovered reserves are in stratigraphic accumulations within known producing areas. These are only visible on 3-D seismic after it is processed using state-of-the-art, high-technology attribute analyses. In the deepwater province, the stratigraphy throws up problems of reservoir continuity. Channels and lobe fans have complex spatial distribution which systematically require more than the classical two appraisal wells in conventional classification.The industry agrees that the current well classification scheme, which came into place in 1977, needs to be overhauled to take cognisance of these challenges.At a workshop last May, a Well Classification Committee comprising members from OPTS, DEWOG, NAIPEC as well as the DPR was mandated to produce a well classification scheme for the industry. This paper examines the current scheme and comes with a technically sound, widely accepted alternative, complete with exhaustive illustrations

Demand for oil and energy in developing countries

Energy Technology Data Exchange (ETDEWEB)

Wolf, C. Jr.; Relles, D.A.; Navarro, J.

1980-05-01

How much of the world's oil and energy supply will the non-OPEC less-developed countries (NOLDCs) demand in the next decade. Will their requirements be small and thus fairly insignificant compared with world demand, or large and relatively important. How will world demand be affected by the economic growth of the NOLDCs. In this report, we try to develop some reasonable forecasts of NOLDC energy demands in the next 10 years. Our focus is mainly on the demand for oil, but we also give some attention to the total commercial energy requirements of these countries. We have tried to be explicit about the uncertainties associated with our forecasts, and with the income and price elasticities on which they are based. Finally, we consider the forecasts in terms of their implications for US policies concerning the NOLDCs and suggest areas of future research on NOLDC energy issues.

Oil price pass-through into inflation

International Nuclear Information System (INIS)

Chen, Shiu-Sheng

2009-01-01

This paper uses data from 19 industrialized countries to investigate oil price pass-through into inflation across countries and over time. A time-varying pass-through coefficient is estimated and the determinants of the recent declining effects of oil shocks on inflation are investigated. The appreciation of the domestic currency, a more active monetary policy in response to inflation, and a higher degree of trade openness are found to explain the decline in oil price pass-through. (author)

Cross border reproductive care in six European countries

DEFF Research Database (Denmark)

de Mouzon, J; Pennings, G; Ferraretti, A P

2010-01-01

The quantity and the reasons for seeking cross border reproductive care are unknown. The present article provides a picture of this activity in six selected European countries receiving patients.......The quantity and the reasons for seeking cross border reproductive care are unknown. The present article provides a picture of this activity in six selected European countries receiving patients....

World market survey: Emerging industrial countries provide the sales opportunities

International Nuclear Information System (INIS)

Jeffs, E.; Greenhalgh, G.

1981-01-01

The prospects for nuclear power around the world are reviewed. The sharp contrast in attitudes between the Western industrialised countries and developing countries is highlighted. In the West, political uncertainty and economic conditions have retarded implementation of nuclear programmes. The underdeveloped countries, with a desperate need to cut oil consumption and stimulate economic and social development, are persuing nuclear power energetically. Nuclear power programmes from selected countries are described to illustrate these themes. (U.K.)

The challenge for the oil industry

International Nuclear Information System (INIS)

Myrvang, G.

1993-01-01

The conference paper deals with the Norwegian Government policy on the challenge for the oil industry. Three main topics are addressed. First, the author gives a short outline of the main characteristics of the present situation and derives the most important challenges in coming years. Secondly, there are given some thoughts to how the industry may cope with this situation. Finally, the paper discusses the role of the authorities and how to stimulate continued exploration and development of fields on the Norwegian continental shelf

Quality. [Quality in the oil industry

Energy Technology Data Exchange (ETDEWEB)

Burnett, N. (Anadrill HSE, Aberdeen (United Kingdom)); Jeffries, J. (Dowell UK Training Center, Aberdeen (United Kingdom)); Mach, J. (Dowell North America, Sugar Land, TX (United States)); Robson, M. (Schlumberger North America, Sugar Land, TX (United States)); Pajot, D. (Geco-Prakla, Stavanger (Norway)); Harrigan, J.; Lebsack, T. (Schlumberger Perforating and Testing Center, Rosharon, TX (United States)); Mullen, D. (Schlumberger South America, Bogota (Colombia)); Rat, F. (Sedco Forex, Montrouge (France)); Theys, P. (Schlumberger, Montrouge (France))

1993-01-01

What is quality How do you achieve it How do you keep it once you have got it. The answer for industry at large is the three-step hierarchy of quality control, quality assurance and Total quality Management. An overview is given of the history of quality movement, illustrated with examples from Schlumberger operations, as well as the oil industry's approach to quality. An introduction of the Schlumberger's quality-associated ClientLink program is presented. 15 figs., 4 ills., 16 refs.

Technology foresight and industrial strategy in developing countries

NARCIS (Netherlands)

Pietrobelli, C.; Puppato, F.

2015-01-01

When Technology Foresight (TF) began to be adopted in industrial countries, it tended to be still somewhat a marginal activity in developing countries. It was then believed that TF and its prediction of the future was a matter that only highly industrialised countries could endeavour to achieve,

Absolute purchasing power parity in industrial countries

OpenAIRE

Zhang, Zhibai; Bian, Zhicun

2015-01-01

Different from popular studies that focus on relative purchasing power parity, we study absolute purchasing power parity (APPP) in 21 main industrial countries. Three databases are used. Both the whole period and the sub-period are analyzed. The empirical proof shows that the phenomenon that APPP holds is common, and the phenomenon that APPP does not hold is also common. In addition, some country pairs and the pooled country data indicate that the nearer the GDPPs of two countries are, the mo...

[Reflection on developing bio-energy industry of large oil company].

Science.gov (United States)

Sun, Haiyang; Su, Haijia; Tan, Tianwei; Liu, Shumin; Wang, Hui

2013-03-01

China's energy supply becomes more serious nowadays and the development of bio-energy becomes a major trend. Large oil companies have superb technology, rich experience and outstanding talent, as well as better sales channels for energy products, which can make full use of their own advantages to achieve the efficient complementary of exist energy and bio-energy. Therefore, large oil companies have the advantages of developing bio-energy. Bio-energy development in China is in the initial stage. There exist some problems such as available land, raw material supply, conversion technologies and policy guarantee, which restrict bio-energy from industrialized development. According to the above key issues, this article proposes suggestions and methods, such as planting energy plant in the marginal barren land to guarantee the supply of bio-energy raw materials, cultivation of professional personnel, building market for bio-energy counting on large oil companies' rich experience and market resources about oil industry, etc, aimed to speed up the industrialized process of bio-energy development in China.

The impacts of oil price fluctuations on the economy of sub-Saharan African countries, importers of oil products

International Nuclear Information System (INIS)

Sacko, I.

1997-01-01

This work comprises three parts. The first part aims at presenting the energy situation of sub-Saharan African (SSA) countries grouped in five regions. Because of the demographic pressure and of the petroleum shocks, the commercial energy consumption is growing up rapidly and the energy prices are high for the end-users (because the energy is imported and paid in dollars, and the fiscality share is increased by governments in the case of prices drop in the international market). The important problem of wood fuel is considered, together with the energy-economic growth relations and the determining factors of the energy demand in SSA. Some econometric relations are tested. The second part analyzes the mechanisms generated by petroleum shocks and counter-shocks, and stresses first on the transfers induced by these fluctuations. Then, it presents some macro-economical models which try to integrate the effects of a petroleum shock and makes some calculations based on a decomposition of imports and exports global and partial coefficients. Some important conclusions are inferred from this study: 1 - the second petroleum shock strikes more seriously the oil importing SSA countries because they do not benefit from a favorable international context, like during the first shock (also because the second shock is accompanied by a dollar shock); 2 - the absence of symmetry in oil shocks-counter-shocks; 3 - the crisis of SSA countries is not only of petroleum origin but is also linked with the drop of the export incomes (which itself is partially explained by the impact of petroleum shocks on the industrialized economies), with their bad insertion in the world economy, and with unsuitable domestic economies. The third part proposes some solutions to attenuate the energy and economical difficulties of these countries. It is necessary to implement an energy planning mainly based on the mastery of the demand and on a better management of local resources. The policies of

Human-resource planning in the Venezuelan oil industry

Energy Technology Data Exchange (ETDEWEB)

Delgado, S J.V.

1985-01-01

Because the economy of Venezuela is heavily dependent on its oil industry, the company Petroleos de Venezuela S.A. was chosen for the detailed study. It was found that the system in use in the period 1980-81 was defective in that it did not address the serious medium- and long-term issues of manpower supply in a country seriously short of the skills needed. There was a lack of linkage between human resource planning and the corporation's long term objectives. Too much emphasis was being placed on quantitative, and too little on qualitative approaches to the problem. A new approach was developed to complement the existing shorter term quantitative approach. This involved a direct and active interaction with corporate planning. Within this framework a qualitative method of human resource planning was proposed and implemented. It has proved its usefulness in defining the type of personnel required by the organization in the distant future.

Integrating developing country manufacturing industries into global supply chain

Directory of Open Access Journals (Sweden)

Fasika Bete Georgise

2014-01-01

Full Text Available Purpose: Due to globalization of manufacturing activities, the arena of competition and competitiveness advantage is moving from firms towards supply chains and networks. With the recent advancement of information and communication technologies this participation are becoming as common business practice in developed countries firms. Companies were more integrated into the world market for the global nature of the sourcing, manufacturing and distribution. These changes create both challenges and opportunities for the manufacturing industries in developing countries. The objective of this paper is to examine the level of inter-organizational and intra-organizational supply chain integration practices in developing country, Ethiopia.Design/methodology/approach: An industrial questionnaires survey was used to collect the current practices of the manufacturing industries in Ethiopia as an example of the developing countries. Descriptive statistics is primarily used for the analysis.Findings: Results show a low level of supply chain relationship both in intra and inter organizational supply chain integration level among members. Accordingly, such issues require much attention to facilitate a greater integration within the supply chains in the Ethiopian manufacturing industries.Research limitations/implications: The paper focuses on examining the practices of Ethiopian manufacturing industries empirical data. The interpretation of results should be taken with prudence.Originality/Value: The manufacturing industry in developing countries (MIDC has been a part of the global supply chains for long time as a supplier of raw material and manufacturer of primary products. Currently, the MIDC is trying to access the different markets segment of the world even with new products starting from their local market to the complex and dynamic international market. Nevertheless, their supply chains are inefficient and hence, their competitiveness level far from the

North African oil and foreign investment in changing market conditions

International Nuclear Information System (INIS)

Fattouh, Bassam; Darbouche, Hakim

2010-01-01

Since the 1960s, the experiences of the North African oil producers of Libya, Algeria, Egypt and Sudan within the oil industry have followed separate paths, which have led them into different relations with foreign oil companies. While reflecting broader trends of 'resource nationalism', these relations have also been affected by a number of factors specific to these countries. In tracing the evolution of the oil investment frameworks of these countries, as well as their concomitant relations with IOCs, this paper probes the roles played by these factors and argues that the type and size of remaining reserves as well as the capability of NOCs are likely to determine the most future developments in the region's oil industry.

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)

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

Oil type and cross-linking influence growth of Aureobasidium melanogenum on vegetable oils as a single carbon source.

Science.gov (United States)

Peeters, Loes H M; Huinink, Hendrik P; Voogt, Benjamin; Adan, Olaf C G

2018-03-12

Aureobasidium melanogenum is the main fungus found in a spontaneously formed biofilm on a oil-treated wood. This dark colored biofilm functions as a protective coating. To better understand biofilm formation, in this study A. melanogenum was cultured on olive oil and raw linseed oil. Metabolic activity and oil conversion were measured. The results show that A. melanogenum is able to grow on linseed oil and olive oil as a single carbon source. The fungus produces the enzyme lipase to convert the oil into fatty acids and glycerol. Metabolic activity and oil conversion were equal on linseed oil and olive oil. The fungus was not able to grow on severe cross-linked linseed oil, meaning that the degree of cross-linking of the oil is important for growth of A. melanogenum. Dark coloring of the colony was seen on linseed oil, which might be a stress response on the presence of autoxidation products in linseed oil. The colony on olive oil showed delayed melanin production indicating an inhibitory effect of olive oil on melanin production. © 2018 The Authors. MicrobiologyOpen published by John Wiley & Sons Ltd.

NORM management in the oil and gas industry

International Nuclear Information System (INIS)

Cowie, Michael; Mously, Khalid; Fageeha, Osama; Nassar, Rafat

2008-01-01

It has been established that Naturally Occurring Radioactive Materials (NORM) may accumulate at various locations along the oil/gas production process. Components such as wellheads, separation vessels, pumps, and other processing equipment can become NORM contaminated, and NORM can accumulate in the form of sludge, scale, scrapings and other waste media. This can create a potential radiation hazard to workers, general public and the environment if certain controls are not established. Saudi Aramco has developed NORM management guidelines and is implementing a comprehensive strategy to address all aspects of NORM management which aim towards enhancing: NORM monitoring; Control of NORM contaminated equipment; Control over NORM waste handling and disposal; Workers protection, awareness, and training. The benefits of shared knowledge, best practice and, experience across the oil and gas industry are seen as key to the establishment of common guidance. This paper outlines Saudi Aramco's experience in the development of a NORM management strategy and its goals of establishing common guidance throughout the oil and gas industry. (author)

Electricity/oil substitution

International Nuclear Information System (INIS)

Melvin, J.G.

1980-09-01

The extent to which electricity could substitute for imported oil in Canada is assessed and it is concluded that the bulk of projected oil imports could be displaced. This substitution of electricity for oil could be largely completed within two decades, with existing technology, using Canadian resources. The substitution of electricity for imported oil would result in relatively low energy costs and would stimulate economic growth. Energy self-sufficiency through the substitution of electricity for oil is uniquely a Canadian option; it is not open to other industrial countries. The option exists because of Canada's resources of oil sands for essential liquid fuels, hydraulic and nuclear electrical potential, and natural gas as an interim source of energy. While other countries face an energy crisis due to declining supplies of oil, Canada faces opportunities. The policies of Federal and Provincial governments, as perceived by individual decision makers, will have a major influence on Canada's ability to realize opportunities. (auth)

The state tax regulation in the oil and gas industry

Directory of Open Access Journals (Sweden)

E. I. Cherkasova

2018-01-01

Full Text Available Russian tax laws in petrochemical complex generally has a fiscal orientation now. The current system of taxation in the oil industry has the biggest tax burden in the world, amount of oil and gas revenues was more then 43-51% of all budget revenues over past decades, remaining its main source. Generally, there were changes in the ratios of incomes in the forms of export customs duty and tax on the extraction of minerals. State policy in the field of resource payments affects the entire industry, influencing the structure of oil and oil supplies on internal and external markets and realization of the programs for modernization and development in priority areas. Changes of structure of national production, increasing the contribution of agriculture, IT sphere and other branches to aggregate national product should be reflected in the revision of the tax burden on the industries, associated with the extraction and processing of minerals. It is necessary to reduce the fiscal direction of tax regulation in petrochemical sector with a simultaneous increasing the role of tools that stimulate modernization and updating of equipment, implementation of new processes and technologies, the maximum use of process-deepening processes as well as the development of deposits with severe production conditions. In the near future, it is planned to introduce new changes in taxation in field of oil production and refining - introduction of benefits for oil production in new fields or fields with difficult production conditions or poor quality of oil and introduction of a tax on additional income..

Oil price movements and globalisation: is there a connection?

International Nuclear Information System (INIS)

Looney, R.

2002-01-01

There has been considerable speculation over the years concerning the cost of large oil price movements ('shocks') to consuming countries. For the advanced industrial countries, the conventional wisdom appears to be that, because these economies are becoming more service-oriented, less energy is needed per unit of gross domestic product (GDP) and hence a lessening of the economic costs associated with increased oil prices. On the other hand, because many newly industrialised or catching-up countries are entering a phase of energy-intensive industrialisation, the same oil shocks are placing an increasing burden on these economies. One can easily argue, however, that industrialisation is only one facet of economic change taking place in the world economy. Conceivably, the rapid pace of increased globalisation may significantly modify these patterns. To test this proposition, an operational definition of globalisation is developed and shown to be positively associated with the strength of oil price shocks. The main finding of the study is that increased globalisation appears to be strengthening the impact of oil price shocks in the advanced industrial countries, but to a much lesser extent in the newly industrialising countries. (author)

Waste to Wealth: Hidden Treasures in the Oil Palm Industry

International Nuclear Information System (INIS)

Loh Soh Kheang; Astimar Abdul Aziz; Ravigadevi Sambathamurthi; Mohd Basri Wahid

2010-01-01

The palm oil industry plays an important role in the creation of waste to wealth using the abundant oil palm biomass resources generated from palm oil supply chain i.e. upstream to downstream activities. The oil palm biomass and other palm-derived waste streams available are oil palm trunks (felled), fronds (felled and pruned), shell, mesocarp fibers, empty fruit bunches (EFB), palm oil mill effluent (POME), palm kernel expelled (PKE), palm fatty acid distillates (PFAD), used frying oil (UFO), residual oil from spent bleaching earth (SBE) and glycerol. For 88.5 million tonnes of fresh fruit bunches (FFB) processed in 2008, the amount of oil palm biomass generated was more than 25 million tones (dry weight basis) with the generation of 59 million tonnes of POME from 410 palm oil mills. Oil palm biomass consists of mainly lignocellulose materials that can be potentially and fully utilized for renewable energy, wood-based products and high value-added products such as pytonutrients, phenolics, carotenes and vitamin E. Oil palm biomass can be converted to bio energy with high combustible characteristics such as briquettes, bio-oils, bio-producer gas, boiler fuel, biogas and bio ethanol. Oil palm biomass can also be made into wood-based products such as composite and furniture, pulp and paper and planting medium. The recovery of phenolics from POME as valuable antioxidants has potential drug application. Other possible applications for oil palm biomass include fine chemicals, dietary fibers, animal feed and polymers. There must be a strategic and sustainable resource management to distribute palm oil and palm biomass to maximize the use of the resources so that it can generate revenues, bring benefits to the palm oil industry and meet stringent sustainability requirements in the future. (author)

Economic evaluation of HTRs as applied to an oil industry

International Nuclear Information System (INIS)

Djokolelono, M.; Soedibjo, R.; Padmosoebroto, S.

1989-01-01

General design requirement pertinent to the applied oil field is presented. Economic calculation of HTRs application in the enhanced oil recovery was performed. It includes the consideration of the current structure as practised so far in the oil industry in Indonesia. Sensitivity studies were done to enlighten the influence of uncertainties related to the HTRs, i.e. capital costs, oil prices, depreciations, investment credits, domestic obligation, financing terms. (author). 3 refs, 4 figs

Cross-country differences in stock market development : a cultural view

NARCIS (Netherlands)

Jong, Eelke de; Semenov, Radislav

2002-01-01

Although during the last decades the importance of stock markets has increased in all OECD countries, the cross-country differences appear to be remarkably stable. In this paper we relate the factors determining cross-country differences in stock market activity to deeply rooted norms and values in

Human and Organisational Safety Barriers in the Oil & Gas Industry

International Nuclear Information System (INIS)

Nystad, E.; Szőke, I.

2016-01-01

The oil & gas industry is a safety-critical industry where errors or accidents may potentially have severe consequences. Offshore oil & gas installations are complex technical systems constructed to pump hydrocarbons from below the seabed, process them and pipe them to onshore refineries. Hydrocarbon leaks may lead to major accidents or have negative environmental impacts. The industry must therefore have a strong focus on safety. Safety barriers are devices put into place to prevent or reduce the effects of unwanted incidents. Technical barriers are one type of safety barrier, e.g., blow-out preventers to prevent uncontrolled release of hydrocarbons from a well. Human operators may also have an important function in maintaining safety. These human operators are part of a larger organisation consisting of different roles and responsibilities and with different mechanisms for ensuring safety. This paper will present two research projects from the Norwegian oil & gas industry that look at the role of humans and organisations as safety barriers. The first project used questionnaire data to investigate the use of mindful safety practices (safety-promoting work practices intended to prevent or interrupt unwanted events) and what contextual factors may affect employees’ willingness to use these safety practices. Among the findings was that employees’ willingness to use mindful safety practices was affected more by factors on a group level than factors at an individual or organisational level, and that the factors may differ depending on what is the object of a practice—the employee or other persons. It was also suggested that employees’ willingness to use mindful safety practices could be an indicator used in the assessment of the safety level on oil & gas installations. The second project is related to organisational safety barriers against major accidents. This project was based on a review of recent incidents in the Norwegian oil & gas industry, as well as

Controlling Air Pollution from the Oil and Natural Gas Industry

Science.gov (United States)

EPA regulations for the oil and natural gas industry help combat climate change and reduce air pollution that harms public health. EPA’s regulations apply to oil production, and the production, process, transmission and storage of natural gas.

Scenarios of the Oil Industry of Croatia and the Region: Qualitative Approach

Directory of Open Access Journals (Sweden)

Radoslav Barišić

2016-12-01

Full Text Available The oil industry is historically burdened by different turbulences and tremors having the significant impact on the market. In order to anticipate unforeseen and potentially harmful situations, some firms as a part of their long-term strategic plans pay attention to scenario-based planning, which is a useful technique for preparation of appropriate strategy and responses to potential unforeseen emergencies. Scenario planning is used for a detailed analysis of the current situation in the market and potential future development, creating a research framework for creating development scenarios. Scenario planning is especially highlighted in the context of oil industry considering the technique actually originated in this business (it was also used in previous military doctrine, where, because of using a scenario-based planning, some oil companies profited and gained a privileged position. The aim of the paper is to provide an insight into the importance and various approaches in using scenario planning today and explain the potential long-term scenarios in the oil industry of Croatia and the region, obtained by means of qualitative research and in-depth interviews with a number of experts in the field of oil industry.

Mismanagement of Oil and Gas Resource Revenues in Africa: Lessons for Ghana’s Budding Oil and Gas Industry

Science.gov (United States)

2013-06-13

discovered in Venezuela in the 1920s and the country immediately set about diversifying its production and export structure. Prior to the oil discovery... exports of coffee and cocoa and dependence on its agricultural structure (Di John 2009, 19). After the discovery of oil, the country became a...32 Venezuela as a Case Study

China’s oil security from the supply chain perspective: A review

International Nuclear Information System (INIS)

Zhao, Chunfu; Chen, Bin

2014-01-01

Highlights: • The development phase of China’s oil industry is detailed. • Risk to oil industry in China is identified along the supply chain. • Policy aimed at improving oil security is examined. - Abstract: Oil security has become a major issue in China. This paper analyzes China’s oil security from the supply chain perspective, as the country faces challenges from an increasing reliance on imported oil, a fast-growing economy, the Malacca dilemma, and volatile international oil prices. To clarify the issue of oil security, we first review the development phase of China’s oil industry and previous research related to its energy security. Then a framework from the supply chain perspective is constructed to identify the current risk from three aspects: energy flow, financial and environmental. Finally, policies aimed at improving the country’s energy security are examined and potential problems presented. From this analysis, we conclude that the potential risk arising from China’s oil system is inherently interconnected. There is still great potential for the country to improve oil security by strengthening its strategic oil reserves, improving energy efficiency, and developing its domestic oil tanker fleet

An oil barrel against a hundred lies

International Nuclear Information System (INIS)

Porcher, Th.

2009-01-01

In this book, the author shades light on the OPEC's strategy of exhausting the other oil producing countries' reserves in order to be in a monopoly situation. It reveals the content of oil contracts, the sordid reality of the relations between oil companies and producing countries. Thanks to a cross-comparison between declarations and inquiries, it points out the errors made by experts and their, sometimes disastrous, consequences for indebted countries. Finally it proposes a scenario of the World's situation by the year 2050 and demonstrates that a break up of our oil dependence and a change of our behaviours have become urgent priorities. (J.S.)

Manual on oil-gas industry waste utilization radioecological safety

International Nuclear Information System (INIS)

Kudryashev, V.A.; Lukashenko, S.N.; Tuleushev, A.Zh.; Marabaev, Zh.N.; Pasysaev, V.A.; Kayukov, P.G.; Kozhakhmetov, N.B.; Shevtsov, S.P.

2003-01-01

The development of a new document - 'Manual on radio-ecologically safe utilization of waste from oil-and-gas production' is carried out. This document regulates the whole cycle of environment protection measures at waste utilization for the named industry in Kazakhstan and is aimed on lowering the radiation risks and assurance of radioecological safety both at present and for the future. The document presents a set regulations necessary for radioactive wastes handling in the oil-gas industry. The normative document was agreed in both the Ministry of Health of the Republic of Kazakhstan (RK) and Ministry of Environment Protection of RK

Dynamic cyclical comovements of oil prices with industrial production, consumer prices, unemployment, and stock prices

International Nuclear Information System (INIS)

Ewing, Bradley T.; Thompson, Mark A.

2007-01-01

This paper examines the empirical relationship between oil prices and several key macroeconomic variables. In particular, we investigate the cyclical comovements of crude oil prices with output, consumer prices, unemployment, and stock prices. The methodology involves the use of the Hodrick-Prescott [Hodrick, R.J., Prescott, E.C., 1980. Post-War US Business Cycles: An Empirical Investigation. Working Paper, Carnegie Mellon University] and Baxter-King [Baxter, M., King, R.G., 1999. Measuring business cycles: approximate band-pass filters for economic time series. Review of Economics and Statistics 81, 575-593] filters, as well as the recently developed full-sample asymmetric Christiano-Fitzgerald [Christiano, L.J., Fitzgerald, T.J., 2003. The band pass filter. International Economic Review 44, 435-465] band-pass filter. Contemporaneous and cross-correlation estimates are made using the stationary cyclical components of the time series to make inference about the degree to which oil prices move with the cycle. Besides documenting a number of important cyclical relationships using three different time series filtering methods, the results suggest that crude oil prices are procyclical and lag industrial production. Additionally, we find that oil prices lead consumer prices. (author)

Biopharmaceutical industry-sponsored global clinical trials in emerging countries.

Science.gov (United States)

Alvarenga, Lenio Souza; Martins, Elisabeth Nogueira

2010-01-01

To evaluate biopharmaceutical industry-sponsored clinical trials placed in countries previously described as emerging regions for clinical research, and potential differences for those placed in Brazil. Data regarding recruitment of subjects for clinical trials were retrieved from www.clinicaltrials.gov on February 2nd 2009. Proportions of sites in each country were compared among emerging countries. Multiple logistic regressions were performed to evaluate whether trial placement in Brazil could be predicted by trial location in other countries and/or by trial features. A total of 8,501 trials were then active and 1,170 (13.8%) included sites in emerging countries (i.e., Argentina, Brazil, China, Czech Republic, Hungary, India, Mexico, Poland, Russia, South Korea, and South Africa). South Korea and China presented a significantly higher proportion of sites when compared to other countries (pattractiveness for biopharmaceutical industry-sponsored clinical trials.

The Fantasy of Oil in War-torn Countries: A Geopolitical Analysis

International Nuclear Information System (INIS)

Perouse de Montclos, Marc-Antoine

2014-01-01

A highly symbolic resource, oil is often seen as a curse and a source of armed conflicts. It is of course a reason for competition and a strategic asset to conduct a war. But its role should not obscure other factors of armed conflicts. From various examples in Africa, Asia and Latin America, this article thus shows how the fantasy of oil can stimulate the imagination and confuse the geopolitical analysis of war, especially in countries without oil

Long-term factors in oil supply

Energy Technology Data Exchange (ETDEWEB)

Banks, F E

1984-01-01

The Stanford Energy Supply Forum prediction that world oil demand in 1990 will press on supply and send prices into an irreversible climb assumes that the Organization of Economic Cooperation and Development (OECD) countries will control unemployment, that Third World population growth will require more energy, and that several oil exporters will be reducing their output. The author points out disappointing exploration results, OPEC's continued strength, downward projections of reserves by geological surveys, and other economic factors to show that oil supplies are likely to last less than 40 years, with remaining reserves concentrated in fewer producing countries. This will make it harder for non-OPEC countries to influence prices, in contrast to more positive forecasts from the oil industry.

Cross-Country Evidence on Teacher Performance Pay

Science.gov (United States)

Woessmann, Ludger

2011-01-01

The general-equilibrium effects of performance-related teacher pay include long-term incentive and teacher-sorting mechanisms that usually elude experimental studies but are captured in cross-country comparisons. Combining country-level performance-pay measures with rich PISA-2003 international achievement micro data, this paper estimates…

Cross-Country Private Saving Heterogeneity and Culture

NARCIS (Netherlands)

de Castro Campos, M.; Kool, C.J.M.; Muysken, J.

2013-01-01

Motivated by the dominant role of cross-country heterogeneity in private saving in the creation of Eurozone imbalances over the past decade, we empirically investigate the determinants of private saving for a sample of 30 OECD countries over the period 1990-2010. In addition to standard

Price elasticity of demand for crude oil: estimates for 23 countries

International Nuclear Information System (INIS)

Cooper, J.C.B.

2003-01-01

This paper uses a multiple regression model derived from an adaptation of Nerlove's partial adjustment model to estimate both the short-run and long-run elasticities of demand for crude oil in 23 countries. The estimates so obtained confirm that the demand for crude oil internationally is highly insensitive to changes in price. (author)

13th CERI [Canadian Energy Research Inst.] international oil and gas markets conference

International Nuclear Information System (INIS)

1994-01-01

At an oil and gas industry conference, papers were presented on world oil supply and demand, energy geopolitics, world oil prices, the status of the Chinese oil/gas industry and prospects for exploration and development, Latin American oil/gas markets and development opportunities, the oil and gas industries in non-OPEC Middle East countries (Oman, Yemen, Turkey), oil and gas markets in North America, and financial and regulatory aspects of domestic gas markets in Canada and the USA. Separate abstracts have been prepared for 17 papers from this conference

Venezuela nationalises oil and gas industries

International Nuclear Information System (INIS)

Wertheim, Peter Howard; Abrantes, Dayse

2007-01-01

Venezuela President Hugo Chavez has stated he will nationalise the Orinoco belt's extra-heavy oil operations and ask for 'special powers' to rule the country. Since last year, the government has been negotiating with international consortia currently operating in the Orinoco area, so that Venezuela state-owned Petroleos de Venezuela SA (PDVSA) attains a majority stake in each project (ml)

Middle East oil and gas

International Nuclear Information System (INIS)

1995-01-01

This study is intended to shed light on structural changes occurring in six Middle East countries (Iran, Iraq, Kuwait, Qatar, Saudi Arabia and the United Arab Emirates) that can be expected to have a significant impact on their oil and gas industry. These six countries provide 42% of the world's traded crude oil, on which Member countries of the International Energy Agency (IEA) are increasingly dependent. They also contain about 65% and 30% of the world's proven oil and natural gas reserves, respectively, and command a strategic location between Europe and Asia. The Middle East has been one of the most volatile parts of the world where war, revolution and embargoes have caused major upheavals that have led to oil supply disruptions. The oil resources of all six countries were initially developed by international oil companies and all are members of the Organization of the Petroleum Exporting Countries (OPEC). In 1994, their crude oil production capacity was about 23 million barrels per day (mbd) and is planned to expand to about 28 mbd by the year 2000. Revenue from the sale of oil accounts for more than 80% of each nation's total exports and about 75% of each government's income. The objectives of this study are: to detail their announced oil and gas development plans, to describe the major trends occurring in these countries, to outline the government responses to the trends, and to analyse the impact of government policies on oil and gas development. (J.S.). 121 refs., 136 figs., 212 tabs

Long-term oil strategy - creating an appropriate fiscal regime in OPEC countries to keep the upstream sector competitive

International Nuclear Information System (INIS)

Olorunfemi, M.A.

1992-01-01

The focus of this paper is to examine the factors that governed the upstream activities in OPEC countries during three distinct periods, namely: 1950 to 1973, 1974 to 1985 and 1986 to the present. Particular emphasis will be placed on the fiscal and legal instruments adopted by a number of OPEC countries in attracting oil companies to their respective countries, so as to maintain the momentum of oil exploration and production which is commensurate with their huge hydrocarbon reserves and also be in consonance with their pace of economic development while continuing to exercise their sovereign rights. The first part of the paper reviews the concepts governing the strategic behaviour of oil companies and oil-producing countries. Part two is devoted to the evolution of fiscal regimes in OPEC countries showing how the behaviour of OPEC Member Countries and oil companies illustrates the concepts in part one. How the dynamics of the oil market influence the upstream planning in OPEC Member Countries is examined in part three of the paper. Part four looks at the new cooperation and strategic alliances that are evolving between some OPEC countries and a number of oil companies to ensure that OPEC retains a leadership position which is commensurate with its Members' hydrocarbon resources. Conclusions are drawn in part five. (author)

Industrial Clusters and Corporate Social Responsibility in Developing Countries

DEFF Research Database (Denmark)

Lund-Thomsen, Peter; Lindgreen, Adam; Vanhamme, Joelle

2016-01-01

This article provides a review of what we know, what we do not know, and what we need to know about the relationship between industrial clusters and corporate social responsibility (CSR) in developing countries. In addition to the drivers of and barriers to the adoption of CSR initiatives......, this study highlights key lessons learned from empirical studies of CSR initiatives that aimed to improve environmental management and work conditions and reduce poverty in local industrial districts. Academic work in this area remains embryonic, lacking in empirical evidence about the effects of CSR...... a theoretical model to explain why CSR has not become institutionalized in many developing country clusters, which in turn suggests that the vast majority of industrial clusters in developing countries are likely to engage in socially irresponsible behavior....

Structural reasons for vertical integration in the international oil industry

International Nuclear Information System (INIS)

Luciani, G.

1991-01-01

Once upon a time, the international oil industry was vertically integrated. A small group of companies controlled a very substantial share of international oil flows, extending their operations from the oil well to the gas pump, and relying on intracorporate transfers for most in-between transactions. The historical reasons for vertical disintegration, the market role, and structural reasons for vertical reintegration are examined. (author)

Participation in India's oil industry

International Nuclear Information System (INIS)

Bhasin, A.

1995-01-01

The way a small company the size of Niko Resources Ltd. was able to enter the Indian oil patch was described. India was chosen because it presented many indicators of success, including an overall economic growth of 5.3 % in 1994, foreign currency reserves standing at over US $20 billion, exports increase of 20 %, and the introduction of a dramatic program of economic, industrial and trade liberalization. According to most estimates, India's energy demand is likely to increase significantly, and the energy sector will need over US $18 billion worth of expansion by the year 2000. Niko was the first Canadian company to enter the oil and gas exploration and development sector in India, but the competition is becoming fierce. There are two rounds of bidding for exploration each year, and foreign companies are welcome to participate in the existing joint ventures

Development trends in the Azerbaijan oil and gas sector: Achievements and challenges

International Nuclear Information System (INIS)

Ciarreta, Aitor; Nasirov, Shahriyar

2012-01-01

This article is study of Azerbaijan oil and gas industry. It illustrates the business climate, the impact of this sector on Azerbaijan's economy including role of SOFAZ and highlights recent developments in the energy production and the main concepts of . Meanwhile, the article establishes the government policy by indentifying several factors that influenced to attract foreign investment to oil and gas sector and examines significant challenges that still remain for further development of the country's oil industry. - Highlights: ► In this study, we review the oil and gas sector in Azerbaijan and describe the main government policies for attracting foreign investment to the sector. ► We showed that providing a predictable legislative and regulatory framework and attractive conditions for oil contracting encourages foreign investment inflows to the country. ► Issues such as the lack of independent regulatory institutions, rehabilitation of oil refineries and resolution of the legal status of the Caspian Sea remain major challenges for further development of the oil and gas industries.

Prospects for non-OPEC oil supply

International Nuclear Information System (INIS)

O'Dell, S.

1994-01-01

An International Energy Agency forecast is provided of non-OPEC oil production over a 15-year horizon. Reference-case forecasts are derived from Hubbert-type resource models, official industry announcements about such matters as oil discoveries and development projects, and an oil industry consensus. Separate regional profiles are provided for North America, Europe, the former Soviet Union, and the rest of non-OPEC countries (South America, Asia, non-OPEC Middle East). Under a flat-price scenario ($18/bbl), total non-OPEC oil supply rises slightly from 41.4 million bbl/d (MBD) in 1995 to 41.9 MBD in 2010. Under a scenario in which prices rise to $28/bbl, oil supply rises to 47.5 MBD in 2010. The latter results depend on specific assumptions concerning economic growth, energy prices, the geological potential of some areas which are not yet well understood, technological advances, and the nature of political developments. Uncertainties regarding these assumptions are discussed, with reference to reserves, price responsiveness, world oil industry investment, technology, and costs. A major uncertainty is the issue of investment in the OPEC countries, since the rising-price scenario assumes that OPEC invests only reluctantly. If major OPEC producers choose to open their upstream sectors to international oil companies, the situation will change completely. Otherwise, oil markets are expected to continue to behave in the manner of the past 20 years, with highest-cost oil being developed first while cheaper oil remains in the ground. 8 refs., 10 figs., 3 tabs

Oil pollution of the sea – global and regional aspects

Directory of Open Access Journals (Sweden)

Marek Begányi

2006-10-01

Full Text Available Transport of oil is very important for the world economic and industry. Oil is transported to the countries and states, where it is transformed for the industry. The oil transport is connected with some advantages and disadvantages. One of the disadvantages is the pollution of seas. The pollution is very dangerous for everything and everyone. Transport companies of oil must stop the pollution with new, safety and effective transport technologies.

Oil industry decision making

International Nuclear Information System (INIS)

Collier, T.S.

1992-01-01

This paper reports that the oil and gas business is undergoing a significant restructuring. In order to maintain control of our own destiny and succeed in an increasingly competitive business environment, the industry must set goals which are consistent with its continued success and focus on those goals in every aspect of its strategic management. By applying an approach to decision making which focuses on the achievement of the key goals required for success at every decision point and systematic follow-up, a firm can greatly increase its ability to succeed in the business environment of the future

An economic Manifesto for the oil exporting countries of the Persian Gulf

Directory of Open Access Journals (Sweden)

Hossein Askari

2006-12-01

Full Text Available The oil-exporting countries of the Persian Gulf have failed economically and socially. It is time for a radical new approach to managing oil revenues while oil and gas reserves last. We propose an approach to cut the level of oil revenues available to governments to zero while incorporating a formal “Oil Fund for All Generations”. Others have proposed and implemented oil funds but in our proposal the government would (in time lose all access to oil revenues; by taking easy money away from governments and rulers, the likelihood of waste, corruption and wars will be reduced, and there will be better chance of adopting and implementing rational economic policies to enhance equity across generations.

1991 Canadian oil industry directory

International Nuclear Information System (INIS)

Anon.

1991-01-01

This book provides a complete listing of oil companies operating in Canada. Each company is presented to show its entire range of activity in the petroleum industry. Included are exploration and production companies, drilling contractors, service, supply and manufacturing companies, pipeline-operators, refiners and gas processors, petrochemical plants, engineering and construction firms, associations and government agencies. Listings also include a complete description of company activity, address, phone, fax, telex and cable numbers as well as key personnel

Lightning protection of oil and gas industrial plants

Energy Technology Data Exchange (ETDEWEB)

Bouquegneau, Christian [Polytechnical University of Mons (Belgium)

2007-07-01

The paper brings some cases and presents the general principles, what the IEC 62305 international standard says, the warning and avoidance and the conclusion about lightning protection of oil and gas industrial plants.

Oil industry of Russia and foreign investments: main directions and ways of external finance

International Nuclear Information System (INIS)

Konoplyanik, A.A.

1993-01-01

Problem of financing oil industry of Russia is discussed. Basic ways of attracting foreign investments into the oil industry are considered. The main attention is paid to technical assistance and foreign credits

Multi-objective model of waste transportation management for crude palm oil industry

Science.gov (United States)

Silalahi, Meslin; Mawengkang, Herman; Irsa Syahputri, Nenna

2018-02-01

The crude palm oil industry is an agro-industrial commodity. The global market of this industry has experienced rapid growth in recent years, such that it has a strategic value to be developed for Indonesian economy. Despite these economic benefits there are a number of environmental problems at the factories, such as high water consumption, the generation of a large amount of wastewater with a high organic content, and the generation of a large quantity of solid wastes and air pollution. In terms of waste transportation, we propose a multiobjective programming model for managing business environmental risk in a crude palm oil manufacture which gives the best possible configuration of waste management facilities and allocates wastes to these facilities. Then we develop an interactive approach for tackling logistics and environmental risk production planning problem for the crude palm oil industry.

Cross-country learning in public procurement : An exploratory study

NARCIS (Netherlands)

Nijboer, Kimberly; Senden, Shirin; Telgen, Jan

2017-01-01

All countries use public procurement to some degree to further policy objectives such as sustainability, innovation, fighting fraud and corruption, value for taxpayers’ money etc. Countries may learn from past successes and failures in other countries while implementing these policies: cross-country

Mergers and acquisitions in the oil and gas industries

International Nuclear Information System (INIS)

Corlay, C.; Huby, D.

1999-01-01

This paper focuses on mergers and acquisitions in the oil and gas industries, and lists the most important mergers in terms of transaction value for the period 1981-1997, and plots oil and gas mergers and acquisitions activity by sector and by major region. The mean operation indicator in 1998 in terms of reserves, production and refining capacity of the major companies are tabulated. The impact of the mergers on the oil and gas markets are examined, and issues concerning these mergers and acquisitions are explored. (UK)

Alberta oil and gas industry annual statistics for 1999

International Nuclear Information System (INIS)

2000-01-01

A compilation of statistical data from Alberta's oil and gas industry was presented to provide energy analysts and economists a single source of consistent energy-related data. Alberta is Canada's largest crude oil and natural gas producer. This report provides current monthly and historical annual energy data covering the last decade. Data is organized by energy type including butane, ethane, natural gas, natural gas liquids, oil, propane and sulphur. This CD-Rom also included statistical data on energy supply, energy production, disposition, and prices. tabs

Mergers and acquisitions in the oil and gas industries

Energy Technology Data Exchange (ETDEWEB)

Corlay, C.; Huby, D. [Institut Francais du Petrole, Rueil-Malmaison (France)

1999-07-01

This paper focuses on mergers and acquisitions in the oil and gas industries, and lists the most important mergers in terms of transaction value for the period 1981-1997, and plots oil and gas mergers and acquisitions activity by sector and by major region. The mean operation indicator in 1998 in terms of reserves, production and refining capacity of the major companies are tabulated. The impact of the mergers on the oil and gas markets are examined, and issues concerning these mergers and acquisitions are explored. (UK)

Companies: oil and gas industry on the up

International Nuclear Information System (INIS)

Burk, V.A.

1994-01-01

The results of a 1993 survey of the oil and gas industries in the USA are reported. Exploration and development spending and production replacement rates increased for the first time since 1990 while reserve replacement costs were at their lowest for five years. Data demonstrating these improvements are included. The information is drawn from 250 publicly owned oil and gas companies, 28 of which have headquarters outside the USA. A ranked list of the ''Top 100'' companies is presented, detailing: oil and gas reserves and production revenues; results of operations from producing activities; acquisition, exploration and development expenditures; reserve and production replacement costs. (UK)

Oil and gas, strategic regional cooperation between Persian Gulf countries

Energy Technology Data Exchange (ETDEWEB)

Zalloi, Mir Mahdi

2010-09-15

Almost two-thirds of proven oil and a third of world natural gas resources are in the Persian Gulf countries. Unfortunately strategic region of Persian Gulf in the past three decades faced with many security challenges due to wars and political conflicts. For security in this region, there are several methods such as military treaties between regional countries or Military presence of foreign countries, but historical evidence has shown, none of them could not guarantee the stable security in this region. The regional cooperation between countries can be replaced to mentioned methods. IPI Gas pipeline is an objective sample for this regional cooperation.

Challenges and technological opportunities for the oil refining industry: A Brazilian refinery case

International Nuclear Information System (INIS)

Castelo Branco, David A.; Gomes, Gabriel L.; Szklo, Alexandre S.

2010-01-01

The worldwide oil refining industry currently faces strong challenges related to uncertainties about future feedstock and characteristics of oil products. These challenges favor two main strategies for the sector: the first strategy is increasing refinery complexity and versatility; the second is integrating the refining and petrochemical industries, adding value to the crude oil while guaranteeing market share to premium oil products. Both strategies aim at increasing production of highly specified oil products, simultaneously reducing the environmental impacts of the refining industry. This paper analyses the case of a Brazilian refinery, Gabriel Passos Refinery (REGAP), by proposing additional investments to alter and/or expand its current production scheme. All the proposed options present relatively low investment rates of return. However, investments in a hydrocracking based configuration with a gasification unit providing hydrogen and power can further improve the operational profitability, due to reduced natural gas consumption.

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...

Kick, Glide, Pole! Cross-Country Skiing Fun (Part II)

Science.gov (United States)

Duoos, Bridget A.

2012-01-01

Part I of Kick, Glide, Pole! Cross-Country Skiing Fun, which was published in last issue, discussed how to select cross-country ski equipment, dress for the activity and the biomechanics of the diagonal stride. Part II focuses on teaching the diagonal stride technique and begins with a progression of indoor activities. Incorporating this fun,…

Mauritius country study

Energy Technology Data Exchange (ETDEWEB)

Manraj, D D [Central Statistical Office (Mauritius)

1998-10-01

Mauritius has no known oil, gas or coal reserves but is only endowed with limited renewable energy resources namely hydropower and bagasse. Bagasse represents about one third of the country`s energy requirements and meets almost all of the sugar industries energy demand. Projects identified for mitigation options are: Energy Sector - Renewable Sources (Solar, Wind, Biomass); Transport Sector - Fuel switching and Mass transit transport; Manufacturing Sector - Increase efficiency of energy use in the manufacturing process. (EG)

Global Credit Risk: World, Country and Industry Factors

NARCIS (Netherlands)

Schwaab, B.; Koopman, S.J.; Lucas, A.

2017-01-01

We investigate the dynamic properties of systematic default risk conditions for firms in different countries, industries and rating groups. We use a high-dimensional nonlinear non-Gaussian state-space model to estimate common components in corporate defaults in a 41 country samples between 1980:Q1

The ongoing changes in the base oil industry and their potential impact on the lubricant industry

Energy Technology Data Exchange (ETDEWEB)

Serra-Holm, Valentina [Nynas AB, Stockholm (Sweden)

2013-06-15

During the last years the base oil industry has undergone significant changes, with the rapid growth of Group II and Group III paraffinic base oils and the corresponding decline of Group I supply. The announcements of future instalments show that the increase of Group II and III capacity is indeed a stable trend all over the world. Based on publicly available information, the Group II capacity is expected to grow by 8.6 million tpa, reaching over 22 million tpa, and Group III capacity is expected to double from current 4.1 million tpa up to 8.2 million tpa. As the demand is not expected to grow at the same pace as the increasing supply, it is likely that this new capacity will lead to an oversupply situation in the next five years. Because of their production disadvantages compared to Group II and III and a shrinking demand in automotive applications, it is likely that Group I plants will close down or will operate at reduced throughput to compensate for the new Group II and III capacity. A decline of Group I capacity in favour of Group II and III may pose problems in the formulation of those industrial lubricants where solvency and/or viscosity are needed, such as lubricating greases, metalworking fluids, and several process oils applications. Either alone or in combination with Group II or III oils, naphthenic oils can be used in the formulation of industrial lubricants, as solvency and viscosity poroviders. (orig.)

Oil prices, inflation and interest rates in a structural cointegrated VAR model for the G-7 countries

International Nuclear Information System (INIS)

Cologni, Alessandro; Manera, Matteo

2008-01-01

Sharp increases in the price of oil are generally seen as a major contributor to business cycle asymmetries. Moreover, the very recent highs registered in the world oil market are causing concern about possible slowdowns in the economic performance of the most developed countries. In this paper a structural cointegrated VAR model has been considered for the G-7 countries in order to study the direct effects of oil price shocks on output and prices, and the reaction of monetary variables to external shocks. Our results can be summarized as follows: i) a stationary money demand, as suggested by the classic theory of money, can be identified for most countries; ii) according to the estimated coefficients of the structural part of the model, for all countries except Japan and U.K. the null hypothesis of an influence of oil prices on the inflation rate cannot be rejected. Inflation rate shocks are transmitted to the real economy by increasing interest rates; iii) impulse response analysis suggests, for most countries, the existence of an instantaneous, temporary effect of oil price innovations on prices; iv) impulse response functions indicate different monetary policy reactions to inflationary and growth shocks; v) the simulation exercises directed to estimate the total impact of the 1990 oil price shock indicate that for some countries (U.S.) a significant part of the effects of the oil price shock is due to the monetary policy reaction function. For other countries (Canada, France and Italy), however, the total impact is offset, at least in part, by an easing of monetary conditions. (author)

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)

Effective Comparison of Global Financial Crisis (2007 on Inflation of OPEC Countries and Selected Countries of G8

Directory of Open Access Journals (Sweden)

Yazdan Naghdi

2013-09-01

Full Text Available This study has attempted to examine and compare the effects of 2007 financial crisis on inflation in OPEC countries and selected countries of G8, based on a panel data regression model during 2000-2010. It should be noted that the selected countries of G8 group are 5 industrial countries member of this group, including: America, Italy, Britain, France and Japan, that crisis has been seen faster in them than other countries. Growth economic variables (real sector of the economy, oil price and stock price index (i.e. financial market have been considered as affected shared variables of the financial crisis in both countries group. According to the obtained results, the only affected variable by the crisis in OPEC countries, is oil price which has positive and significant effect on inflation in the above mentioned countries so that one percent increase in oil price lead to about 0.08 percent increase on inflation, on the other hand, according to survey results there is no relationship between output and inflation in OPEC countries, so it reflects weak manufacturing structure sector (real sector of the economy in these countries

Impressions management: lessons from the oil industry

NARCIS (Netherlands)

M.D. van Halderen (Mignon); G.A.J.M. Berens (Guido); M. Bhatt (Mamta); T.J. Brown (Tom); C.B.M. van Riel (Cees)

2016-01-01

markdownabstractIn the late 1990s, after over a century of extracting hydrocarbons, the petroleum industry faced a growing scientific consensus that pollution from fossil fuels is a major cause of global warming. Operationally and in terms of their global image, oil and gas companies faced a serious

Corrosion in the oil industry

Energy Technology Data Exchange (ETDEWEB)

Brondel, D [Sedco Forex, Montrouge (France); Edwards, R [Schlumberger Well Services, Columbus, OH (United States); Hayman, A [Etudes et Productions Schlumberger, Clamart (France); Hill, D [Schlumberger Dowell, Tulsa, OK (United States); Mehta, S [Schlumberger Dowell, St. Austell (United Kingdom); Semerad, T [Mobil Oil Indonesia, Inc., Sumatra (Indonesia)

1994-04-01

Corrosion costs the oil industry billions of dollars a year, a fact that makes the role of the corrosion engineer an increasingly important one. Attention is paid to how corrosion affects every aspect of exploration and production, from offshore rigs to casing. Also the role of corrosion agents such as drilling and production fluids is reviewed. Methods of control and techniques to monitor corrosion are discussed, along with an explanation of the chemical causes of corrosion. 21 figs., 32 refs.

Emergence of Film Industries in Small Countries

DEFF Research Database (Denmark)

Vang, Jan; Brambini, Annalisa; Maher, Sean

Studies on the spatial organisation of film industries have grown steadily during the last decade. This has resulted in a highly valuable stream of research concerned with the clustering of the film industry. This literature has, however, neglected to pay attention to the specificities...... of the challenges faced by small countries aimed at building up a film industry in the context of global dominance by media conglomerates located in major audio-visual hubs such as Hollywood, New York and Paris. The conventional cluster and regional innovation systems-literature highlight respectively reduced...

The Environmental Challenges for the Oil Industry

International Nuclear Information System (INIS)

Del Manso, F.

1998-01-01

Oil has been and will continue to be indispensable to assure the growth of the world economy, but it is also responsible to have an impact on the environment. One of the most important challenges for the future, in particular for the oil sector, is to make this growth sustainable for the environment. To do this, refineries must plan a huge amount of investments for the next future to modify substantially their industrial structures to reformulate transportation fuels (diesel and gasoline) to comply the new limits for the emissions generated during the production and distribution of oil products and to apply new safety rules in order to improve the compatibility of the refineries with the territory. To fulfil all this actions the oil sector will have to face very high costs without any certainty of the return of investments, due to the extreme uncertainty to forecast the future oil demand in Italy after the Kyoto Protocol. To be ready within the year 2005, Italian refineries must decide now to invest, but they are not sure to have a market in the future for the products that they are going to produce [it

External validation of the use of vignettes in cross-country health studies

DEFF Research Database (Denmark)

Datta Gupta, Nabanita; Kristensen, Nicolai; Pozzoli, Dario

2010-01-01

Cross-country comparisons of subjective assessments are rendered difficult if not impossible because of sub-population specific response style. To correct for this, the use of vignettes has become increasingly popular, notably within cross-country health studies. However, the validity of vignette...... and vignettes. Our results indicate that the assumption of RC is not innocuous and that our extended model relaxing this assumption improves the fit and significantly changes the cross-country rankings of health vis-a-vis the standard Chopit model.......Cross-country comparisons of subjective assessments are rendered difficult if not impossible because of sub-population specific response style. To correct for this, the use of vignettes has become increasingly popular, notably within cross-country health studies. However, the validity of vignettes...

External Validation of the Use of Vignettes in Cross-Country Health Studies

DEFF Research Database (Denmark)

Datta Gupta, Nabanita; Kristensen, Nicolai; Pozzoli, Dario

Cross-country comparisons of subjective assessments are rendered difficult if not impossible because of sub-population specific response style. To correct for this, the use of vignettes has become increasingly popular, notably within cross-country health studies. However, the validity of vignette...... and vignettes. Our results indicate that the assumption of RC is not innocuous and that our extended model relaxing this assumption improves the fit and significantly changes the cross-country rankings of health vis-à-vis the standard Chopit model.......Cross-country comparisons of subjective assessments are rendered difficult if not impossible because of sub-population specific response style. To correct for this, the use of vignettes has become increasingly popular, notably within cross-country health studies. However, the validity of vignettes...

External validation of the use of vignettes in cross-country health studies

DEFF Research Database (Denmark)

Gupta, Nabanita Datta; Kristensen, Nicolai; Pozzoli, Dario

Cross-country comparisons of subjective assessments are rendered difficult if not impossible because of sub-population specific response style. To correct for this, the use of vignettes has become increasingly popular, notably within cross-country health studies. However, the validity of vignette...... and vignettes. Our results indicate that the assumption of RC is not innocous and that our extended model relaxing this assumption improves the fit and significantly changes the cross-country rankings of health vis-\\'{a}-vis the standard Chopit model.......Cross-country comparisons of subjective assessments are rendered difficult if not impossible because of sub-population specific response style. To correct for this, the use of vignettes has become increasingly popular, notably within cross-country health studies. However, the validity of vignettes...

Using atomic energy in the oil refining and petrochemical industry

Energy Technology Data Exchange (ETDEWEB)

Feigin, E.A.; Barashkov, R.Ia.; Raud, E.A.

1982-01-01

A short description of the basic large scale processes for oil refining and petrochemistry in which nuclear reactors can be used is given. The possible industrial plans for using nuclear reactors are examined together with the problems in using the advances in atomic technology in oil refining and petrochemical processes.

Nuclear energy consumption, oil consumption and economic growth in G-6 countries: Bootstrap panel causality test

International Nuclear Information System (INIS)

Chu, Hsiao-Ping; Chang Tsangyao

2012-01-01

This study applies bootstrap panel Granger causality to test whether energy consumption promotes economic growth using data from G-6 countries over the period of 1971–2010. Both nuclear and oil consumption data are used in this study. Regarding the nuclear consumption-economic growth nexus, nuclear consumption causes economic growth in Japan, the UK, and the US; economic growth causes nuclear consumption in the US; nuclear consumption and economic growth show no causal relation in Canada, France and Germany. Regarding oil consumption-economic growth nexus, we find that there is one-way causality from economic growth to oil consumption only in the US, and that oil consumption does not Granger cause economic growth in G-6 countries except Germany and Japan. Our results have important policy implications for the G-6 countries within the context of economic development. - Highlights: ► Bootstrap panel Granger causality test whether energy consumption promotes economic growth. ► Data from G-6 countries for both nuclear and oil consumption data are used. ► Results have important policy implications within the context of economic development.

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)

Essentials of water systems design in the oil, gas, and chemical processing industries

CERN Document Server

Bahadori, Alireza; Boyd, Bill

2013-01-01

Essentials of Water Systems Design in the Oil, Gas and Chemical Processing Industries provides valuable insight for decision makers by outlining key technical considerations and requirements of four critical systems in industrial processing plants—water treatment systems, raw water and plant water systems, cooling water distribution and return systems, and fire water distribution and storage facilities. The authors identify the key technical issues and minimum requirements related to the process design and selection of various water supply systems used in the oil, gas, and chemical processing industries. This book is an ideal, multidisciplinary work for mechanical engineers, environmental scientists, and oil and gas process engineers.

76 FR 39071 - Certain Oil Country Tubular Goods From the People's Republic of China: Rescission of...

Science.gov (United States)

2011-07-05

... DEPARTMENT OF COMMERCE International Trade Administration [C-570-944] Certain Oil Country Tubular... administrative review of the countervailing duty order on certain oil country tubular goods (``OCTG'') from the... subject to administrative protective order (``APO'') of their responsibility concerning the disposition of...

Virtual reality application in oil and gas industry | Shammar | Journal ...

African Journals Online (AJOL)

Virtual reality application in oil and gas industry. ... is the key factor for considering AR as an effective tool to be used in maintenance work. Works related to applications of VR for energy exploration and safety training for petroleum industry is ...

The impacts of oil price shocks on stock market volatility: Evidence from the G7 countries

International Nuclear Information System (INIS)

Bastianin, Andrea; Conti, Francesca; Manera, Matteo

2016-01-01

We study the effects of crude oil price shocks on the stock market volatility of the G7 countries. We identify the causes underlying oil price shocks and gauge the impacts that oil supply and oil demand innovations have on financial volatility. We show that stock market volatility does not respond to oil supply shocks. On the contrary, demand shocks impact significantly on the volatility of the G7 stock markets. Our results suggest that economic policies and financial regulation activities designed to mitigate the adverse effects of unexpected oil price movements should be designed by looking at the source of the oil price shocks. - Highlights: • Effects of oil price shocks on the stock market volatility of the G7 countries. • Econometric identification of the different causes of oil shocks. • Stock market volatility does not respond to oil supply shocks. • Demand shocks impact significantly on stock market volatility. • Policy measures should be designed by considering the source of oil shocks.

The upstream oil and gas industry's initiative in the development of international standards

International Nuclear Information System (INIS)

Thomas, G.A.N.; Thorp, G.

1993-01-01

The paper describes the international work of the oil industry to formalize as International Standards many of the industry standards used world-wide. It also describes how matters have been developing in Europe. E and P Forum, representing the international exploration and production oil and gas industry, provides a forum for coordinating industry standardization, to ensure that the necessary standards are maintained by the appropriate technical body. The paper discusses the development of the standardization program in ISO/TC67, the Technical Committee directing the transformation of some 70 API Standards into ISO Standards and the relationship to CEN (the European standardization body). The objective of the upstream industry is to operate worldwide to consistent international standards. Company standards can then concentrate on functional and performance requirements. This will facilitate international trade and communication, open competition and the global market. For a practical realization of this objective the oil industry must foster a special relationship between the relevant US bodies, ISO and CEN. The sustained support of all sides of industry is required

The impact of internet-connected control systems on the oil and gas industry

Science.gov (United States)

Martel, Ruth T.

In industry and infrastructure today, communication is a way of life. In the oil and gas industry, the use of devices that communicate with the network at large is both commonplace and expected. Unfortunately, security on these devices is not always best. Many industrial control devices originate from legacy devices not originally configured with security in mind. All infrastructure and industry today has seen an increase in attacks on their networks and in some cases, a very dramatic increase, which should be a cause for alarm and action. The purpose of this research was to highlight the threat that Internet-connected devices present to an organization's network in the oil and gas industry and ultimately, to the business and possibly even human life. Although there are several previous studies that highlight the problem of these Internet-connected devices, there remains evidence that security response has not been adequate. The analysis conducted on only one easily discovered device serves as an example of the ongoing issue of the security mindset in the oil and gas industry. The ability to connect to a network through an Internet-connected device gives a hacker an anonymous backdoor to do great damage in that network. The hope is that the approach to security in infrastructure and especially the oil and gas industry, changes before a major catastrophe occurs involving human life.

Brazilian oil and gas supply and service industry's: context and perspectives; Contexto e perspectivas do segmento para-petrolifero brasileiro

Energy Technology Data Exchange (ETDEWEB)

Oliveira, Antonio Ricardo Pimentel de [PETROBRAS, Rio de Janeiro, RJ (Brazil)

2008-07-01

This paper describes the goods and services supply oil segment, as different than the oil companies segment itself. It points to the transformations in the goods and services supply segment from the 1980s until now. At that time with low international oil prices, the oil companies induced the goods and services firms to assume a major role in development of technology. Inside the country here, the goods and services segment had high local content performance but it was associated to low technology intensity or to branches of large multinational firms installed in the Brazilian market. The paper points the French approaching on this same oil segment and its applicability to the Brazilian case, giving one example of financial R and D resources for supporting such a target. Otherwise than in France some specific obstacles can be found here in that development purpose. As alternative some others scenarios were finally explored in the paper for further suggestions for institutional approaching in this Brazilian industrial oil segment. (author)

An oil-sick global economy?

International Nuclear Information System (INIS)

Anon.

2004-01-01

Since early 2004, oil prices have increased by 50% as a combined result of a demand shock, tensions on production capacities and supply disruptions. The surplus of wealth from oil importing to exporting countries nears 100 bn dollars (0.3% of OECD GDP) in the whole year. Households' real income should decrease by 0.3 point in the Euro zone and by 0.5 point in the US. According to our oil price forecasts (33 dollars a barrel by the end of 2005), GDP growth should be reduced by 0.4 point in 2004-2005. Should prices remain at 50 dollars throughout 2005, growth in industrial countries will be further impaired (0.6 point with a monetary policy response), but developing economies will suffer more. Oil producing countries should increase their imports and the reintroduction of petro dollars on financial markets should hold international interest rates down

Marketing opportunities and challenges for Canada's oil sands industry

International Nuclear Information System (INIS)

1995-01-01

This report demonstrated that effective marketing of Canadian oil sands products has been vital to the success of the industry in the past. Future success was expected to depend on having efficient transportation systems for the industry's products, unrestricted access to markets, and a range of products can competitively meet the needs of specific markets and customs. 9 ills

PIPELINE CORROSION CONTROL IN OIL AND GAS INDUSTRY: A ...

African Journals Online (AJOL)

Corrosion in pipelines is one of the major challenges faced by oil and gas industries all over the world. This has made corrosion control or management a major factor to consider before setting up any industry that will transport products via pipelines. In this study the types of corrosion found on system 2A pipeline were; ...

Scientific basis of development and application of nanotechnologies in oil industry

International Nuclear Information System (INIS)

Mirzajanzadeh, A.; Maharramov, A.; Abdullayev, R.; Yuzifzadeh, Kh.; Shahbazov, E.; Qurbanov, R.; Akhmadov, S.; Kazimov, E; Ramazanov, M.; Shafiyev, Sh.; Hajizadeh, N.

2010-01-01

Development and introduction of nanotechnologies in the oil industry is one of the most pressing issues of the present times.For the first time in the world practice scientific-methodological basis and application practice of nanotechnologies in oil industry is developed on the basis of uniform, scientifically proven approach by taking into account the specificities of oil and gas industry.The application system of such nanotechnologies was developed in oil and gas production.Mathematical models of nanotechnological processes, i.e. c haos regulation a nd hyper-accidental process were offered. Nanomedium and nanoimpact on the w ell-layer s ystem was studied. Wide application results of nanotechnologies in SOCAR's production fields in oil and gas production are shown.Research results of N ANOSAA o n the basis of N ANO + NANO e ffect are described in the development.For the first time in world practice N ANOOIL , N ANOBITUMEN , N ANOGUDRON' and N ANOMAY' systems on the basis of machine waste oil in the drilling mud were developed for the application in oil and gas drilling. Original property, e ffect of super small concentrations a nd n anomemory i n N ANOOIL a nd N ANOBITUMEN s ystems was discovered.By applying N ANOOIL , N ANOBITUMEN a nd N ANOMAY s ystems in the drilling process was discovered: the increase of linear speed, early turbulence, decrease of hydraulic resistance coefficient and economy in energy consumption.Hyper-accidental evaluation of mathematical expectation of general sum of values of the surface strain on the sample data is spelled out with the various experiment conditions. Estimated hyper-accidental value of the mathematical expectation allows us to offer practical recommendations for the development of new nanotechnologies on the basis of rheological parameters of oil.

Obesity, the metabolic syndrome, and type 2 diabetes in developing countries: role of dietary fats and oils.

Science.gov (United States)

Misra, Anoop; Singhal, Neha; Khurana, Lokesh

2010-06-01

Developing countries are undergoing rapid nutrition transition concurrent with increases in obesity, the metabolic syndrome, and type 2 diabetes mellitus (T2DM). From a healthy traditional high-fiber, low-fat, low-calorie diet, a shift is occurring toward increasing consumption of calorie-dense foods containing refined carbohydrates, fats, red meats, and low fiber. Data show an increase in the supply of animal fats and increased intake of saturated fatty acid (SFAs) (obtained from coconut oil, palm oil, and ghee [clarified butter]) in many developing countries, particularly in South Asia and South-East Asia. In some South Asian populations, particularly among vegetarians, intake of n-3 polyunsaturated fatty acids (PUFAs) (obtained from flaxseed, mustard, and canola oils) and long-chain (LC) n-3 PUFAs (obtained from fish and fish oils) is low. Further, the effect of supplementation of n-3 PUFAs on metabolic risk factors and insulin resistance, except for demonstrated benefit in terms of decreased triglycerides, needs further investigation among South Asians. Data also show that intake of monounsaturated fatty acids (MUFAs) ranged from 4.7% to 16.4%en in developing countries, and supplementing it from olive, canola, mustard, groundnut, and rice bran oils may reduce metabolic risk. In addition, in some developing countries, intake of n-6 PUFAs (obtained from sunflower, safflower, corn, soybean, and sesame oils) and trans-fatty acids (TFAs) is increasing. These data show imbalanced consumption of fats and oils in developing countries, which may have potentially deleterious metabolic and glycemic consequences, although more research is needed. In view of the rapid rise of T2DM in developing countries, more aggressive public health awareness programs coupled with governmental action and clear country-specific guidelines are required, so as to promote widespread use of healthy oils, thus curbing intake of SFAs and TFAs, and increasing intake of n-3 PUFAs and MUFAs. Such

Pharmaceutical product cross-contamination: industrial and clinical ...

African Journals Online (AJOL)

problems. Pharmaceutical product cross-contamination is a serious problem which has been detected as an obstacle ... In the pharmaceutical care of patients in developed countries, cross-contamination ..... neonatal intensive care units.

Application of a pneumatic flotation process for the treatment of oil-burdened industrial effluents

International Nuclear Information System (INIS)

Kinabo, C.

1993-01-01

Different industrial waste waters containing oil emulsions were investigated using pneumatic flotation techniques. The separation efficiency is determined by the zeta potential of the oil/water emulsion. The electrophoretic measurements indicated that, the iep of the emulsion lies within the region of pH 5. Within this pH region it was possible to reduce the oil mud to a minimum level from the waste water using flotation. The laboratory flotation results showed the rest oil concentration amounts to 0.2 and 0.01% depending on the loading grade of oil in the waste water. Applying an emulsion with an oil content of 12%, it was possible to achieve a product in industrial scale with a rest oil concentration of 0.08%. (orig.) [de

Naturally occurring radioactive material in the oil and gas industry

International Nuclear Information System (INIS)

Steingraber, W.A.

1994-01-01

Naturally occurring radioactive material (NORM) has been found in the Earth's crust and soil, the water we drink, the food we eat, the air we breathe, and the tissues of every living organism. It is relatively easy to determine open-quotes concentrationsclose quotes, or specific activity levels, in the range of 1 part per trillion for radioactive materials. With radioactive elements so abundant and detection possible at such low levels, the presence of NORM in oil and gas operations shouldn't be surprising. In fact, this presence has been recognized since at least the 1930's, but the phenomenon received only minimal attention in the United States until the mid-1980's. At that time regulatory agencies in several oil- and gas-producing states began to focus on NORM in the exploration and production segment of the industry, expressing concern over potential health and safety implications. The most significant aspects of NORM in oil production operations include original source, transport media, composition/radionuclides present, measurement methods, health/safety issues, waste classification, and waste disposal. In addition, I will summarize industry-sponsored NORM data collection and analysis efforts being conducted to aid in development of sound policies and procedures to address environmental, health, and safety issues. Current activities by state and federal regulatory agencies relevant to NORM in the oil and gas industry will also be reviewed

Report on the oil and gas industry 2010; Rapport sur l'industrie petroliere et gaziere en 2010

Energy Technology Data Exchange (ETDEWEB)

NONE

2011-07-01

Illustrated by graphs and tables of data, this report discusses the recent evolutions and trends of world oil and gas markets in 2010, of oil and gas exploration and production in the world, of the issue of European gas supplies, of exploration and production in France, of the oil industry and oil services, of hydrocarbon imports, of refining activities in France, of the quality of fuels, of substitution fuels, of the domestic transportation of oil products, of the issue of strategic storage, of oil product storage, of oil and gas products consumption, of hydrocarbon taxing, of the retailing of oil products, of oil product prices, and of gas price for the end consumer

Modelling the oil producers: Capturing oil industry knowledge in a behavioural simulation model

International Nuclear Information System (INIS)

Morecroft, J.D.W.; Van der Heijden, K.A.J.M.

1992-01-01

A group of senior managers and planners from a major oil company met to discuss the changing structure of the oil industry with the purpose of improving group understanding of oil market behaviour for use in global scenarios. This broad ranging discussion led to a system dynamics simulation model of the oil producers. The model produced new insights into the power and stability of OPEC (the major oil producers' organization), the dynamic of oil prices, and the investment opportunities of non-OPEC producers. The paper traces the model development process, starting from group discussions and leading to working simulation models. Particular attention is paid to the methods used to capture team knowledge and to ensure that the computer models reflected opinions and ideas from the meetings. The paper describes how flip-chart diagrams were used to collect ideas about the logic of the principal producers' production decisions. A sub-group of the project team developed and tested an algebraic model. The paper shows partial model simulations used to build confidence and a sense of ownership in the algebraic formulations. Further simulations show how the full model can stimulate thinking about producers' behaviour and oil prices. The paper concludes with comments on the model building process. 11 figs., 37 refs

International oil and gas finance review 1997

International Nuclear Information System (INIS)

Anon.

1997-01-01

This first edition covers financing projects in the developing world, mergers and acquisitions; mitigating cross-border risk; basic risk in energy markets; real-time oil and gas pricing issues; oil and gas equity; risk management; project finance. The yearbook also features more regional specific topics such as: gas transportation in the Mercosur; 25 years of growth in the UAE; natural gas in Mexico; LNG in the Far East; legal issues surrounding the Russian oil and gas industry; LNG projects in the Middle East; the North Sea; and financing the oil and gas industry of Southern and South Africa. (UK)

Real time EM waves monitoring system for oil industry three phase flow measurement

International Nuclear Information System (INIS)

Al-Hajeri, S; Wylie, S R; Shaw, A; Al-Shamma'a, A I

2009-01-01

Monitoring fluid flow in a dynamic pipeline is a significant problem in the oil industry. In order to manage oil field wells efficiently, the oil industry requires accurate on line sensors to monitor the oil, gas, and water flow in the production pipelines. This paper describes a non-intrusive sensor that is based on an EM Waves cavity resonator. It determines and monitors the percentage volumes of each phase of three phase (oil, gas, and water) in the pipeline, using the resonant frequencies shifts that occur within an electromagnetic cavity resonator. A laboratory prototype version of the sensor system was constructed, and the experimental results were compared to the simulation results which were obtained by the use of High Frequency Structure Simulation (HFSS) software package.

Improving environmental strategies of the UK oil and gas industry

International Nuclear Information System (INIS)

Tanega, J.

1992-01-01

The paper is a strategic review of the current environmental policies and practices of the UK Oil and Gas Industry. It begins with an analysis of the current environmental impacts of the UK Oil and Gas Industry, including air emissions, effluents to sea and industrial wastes. The importance of environmental issues to UK operators is related to financial conseqeunces of environmental damage to the North Sea, poor public opinion and the spectre of increased government regulations. There is a survey of the best practices of environmental management programmes, including environmental assessment, monitoring auditing and contingency planning and emergency response, with historical lessons from Cadiz to Valdez and the industry's reaction to Exxon Valdez. After critically assessing the weaknesses of environmental management programmes, the author calls for systematic environmental assessment, employing inventory, monitoring, risk assessment and quantified risk assessment. There are recommendations on how to minimise the impact on the environment through the use of existing technology, training, incident response and crisis management, auditing, testing and industry-wide collaboration. (Author)

Population, petroleum, and politics: Mexico at the crossroads. Part 2. The potentials and problems of Mexican oil resources.

Science.gov (United States)

Gallagher, C F

1980-01-01

The 2 most important factors which will influence Mexico's future economic development are the country's overpopulation problem and the manner in which the country's oil reserves are exploited. This document describes the historical development of Mexico's oil industry and the current struggle of the government to ensure that the oil resources contribute toward the sound economic development of the country. The government expropriated foreign oil companies in 1938 and today most of the oil operations in Mexico are conducted by the state controlled Pemex Company. In recent years extensive oil reserves were discovered in Mexico and the country is now in the position of having large oil reserves at a time when oil prices are increasing. Known crude oil reserves are estimated at 31 billion barrels; however, an unconfirmed report by Pemex in 1980 placed the known reserves at 50 billion barrels. In the past the management of Pemex was corrupt and inefficient and many top positions in the company were filled by retired politicians. The recent appointment of Jose Andres de Oteyza as Chairman of the Board and of Jorge Diaz Serrano as the Director-General should greatly improve Pemex operations. In developing the country's oil industry the government wants 1) to keep production low enough to offset inflation and to preserve the resource but 2) to produce enough oil so that the country has sufficient funds for investment and for operating needed social programs. The government may not be able to keep oil production down to acceptable levels. It may be forced to increase oil exports to compensate for its growing reliance on imported food and other imported products. In recent years Mexico's industrial productivity and its agricultural production declined. The government wants to avoid being placed in the position where it will be forced to trade large quantities of oil for needed food. The current government is promoting investment in agriculture and industrial development in

Energy conservation: an alternative for investment in the oil sector for OPEC member countries

International Nuclear Information System (INIS)

Zamani, M.

2005-01-01

Investment in the oil sector is the main policy of expanding net crude oil export capacity in OPEC Member Countries. The other alternative should be improving energy conservation policies. Since these countries benefit from cheap energy sources, it is reasonable to expect inefficient use of energy in their economies, resulting in relatively high energy intensity. This paper deals with the causality relationship between energy consumption and gross domestic product (GDP). First, stationary tests are run. Second, if there is a cointegrating relationship, an error correction model is applied; otherwise a standard Granger causality test is conducted. It was discovered that for all OPEC Member Countries we cannot statistically accept causality running from energy to GDP. Therefore, not only are proper conservation policies not a threat to economic growth, they also lead to an expansion of oil export capacity. (author)

Sharing oil revenues. Current status and good practices

International Nuclear Information System (INIS)

Darmois, Gilles

2013-01-01

This document briefly presents a book in which the author analyzes and comments the evolution of the sharing of oil revenues at a time when producing countries can obtain better conditions from oil companies to exploit their resources. The author first describes the operation of the oil exploration-production industry and its three types of oil revenue. He introduces the issue of reserves with its technical, economic and political aspects. He describes the two main modalities of relationship between an oil State and an international company, discusses the organization options for an oil producing country to take the best out of its oil potential, comments the developments of contracting modalities. He proposes recommendations for States about benefits and drawbacks of the various contract options

Scope of current abandonment issues in the oil and gas industry

International Nuclear Information System (INIS)

Scott, I.F.H.

1997-01-01

Abandonment issues in the oil and gas industry, such as well sites, batteries, gas plants, compressor stations, and pipelines, were discussed. Responsibilities of the Canadian Association of Petroleum Producers (CAPP) for informing the Canadian public about energy and environmental issues on behalf of the upstream petroleum industry were reviewed. Industry regulators and those who have jurisdiction over the abandonment of facilities were identified. In Alberta, the main agencies are the Alberta Energy and Utilities Board, Alberta Environmental Protection, and Alberta Food and Rural Development in addition to the National Energy Board and Indian Oil and Gas Canada. At the end of 1995, 160,000 wells had been drilled in Alberta of which 60,000 are still active, 35,000 are suspended and 70,000 wells have been abandoned. The industry-financed Orphan Well Program was established to provide funds for facility abandonment, decontamination and surface reclamation costs associated with orphaned facilities. CAPP agrees that operators of oil and gas facilities must be held responsible and accountable for the abandonment of their facilities. CAPP is looking for support from government to ensure that enforcement actions limit the number of orphan facilities. tabs., figs

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

Yemen: a new oil frontier or a flashpoint?

International Nuclear Information System (INIS)

Salameh, M.G.

1994-01-01

Recent oil discoveries in the newly merged country of Yemen (previously North and South Yemen) should have brought economic security to a country struggling to introduce multi-party democracy. International oil companies such as BP, Elf and Total, while keen to invest in this exciting new prospect for petroleum production, are, however, wary due to border disputes, possibly leading to military conflict between Yemen and Saudi Arabia. The oil finds have been in the disputed Hadramaut region and desert areas of the Southern Arabian basin where borders have never been defined. Early settlement of this dispute could benefit both countries economically and in terms of industrial development. (UK)

Technological acceleration and organizational transformations in the upstream oil and gas industry

International Nuclear Information System (INIS)

Isabelle, M.

2000-12-01

The upstream oil and gas industry experienced a dramatic technological acceleration in the early 1970's. The relationships between the agents in this industry have themselves undergone deep changes since that date. This thesis shows that a tight link exists between the technological acceleration and the organizational transformations in the upstream oil and gas industry. In a first part, it focuses on the economic theory's developments concerning industrial organization. In a second part, it applies these developments to three types of relations: those between the owner-states of hydrocarbon resources and the international petroleum companies; those between the international petroleum companies and their subcontractors; and finally those between the international petroleum companies themselves. (author)

Report on the oil and gas industry in 2009; Rapport sur l'industrie petroliere et gaziere en 2009

Energy Technology Data Exchange (ETDEWEB)

NONE

2010-07-01

Illustrated by graphs and tables of data, this report discuss the recent evolutions of world oil and gas markets in 2009, of the oil and gas exploration and production in the world, of the issue of European gas supplies, of the exploration and production in France, of the oil industry and oil services, of hydrocarbon imports, of refining activities in France, of the quality of fuels, of substitution fuels, of the domestic transportation of oil products, of gas infrastructures, of oil product storage, of oil and gas products consumption, of hydrocarbon taxing, of gas price for the end consumer, of oil product prices, and of the retailing of oil products

The oil, gas and petrochemical industries. Sector report: Bahrain

International Nuclear Information System (INIS)

1993-01-01

Oil has played a crucial role in the development of Bahrain. In 1992 revenues from oil and related products accounted for 63% of total Government revenues (ie BD 314 million out of BD 498 million). The income is therefore of critical importance to public spending in Bahrain. This report attempts to outline the structure of the industry and to provide some pointers towards future developments which offer potential opportunities for British exporters. (author)

Investment and uncertainty in the international oil and gas industry

International Nuclear Information System (INIS)

Mohn, Klaus; Misund, Baard

2009-01-01

The standard theory of irreversible investments and real options suggests a negative relation between investment and uncertainty. Richer models with compound option structures open for a positive relationship. This paper presents a micro-econometric study of corporate investment and uncertainty in a period of market turbulence and restructuring in the international oil and gas industry. Based on data for 115 companies over the period 1992-2005, we estimate four different specifications of the q model of investment, with robust results for the uncertainty variables. The estimated models suggest that macroeconomic uncertainty creates a bottleneck for oil and gas investment and production, whereas industry-specific uncertainty has a stimulating effect. (author)

Feasibility Studies of Palm Oil Mill Waste Aggregates for the Construction Industry

OpenAIRE

Kanadasan, Jegathish; Ahmad Fauzi, Auni Filzah; Abdul Razak, Hashim; Selliah, Paramananthan; Subramaniam, Vijaya; Yusoff, Sumiani

2015-01-01

The agricultural industry in Malaysia has grown rapidly over the years. Palm oil clinker (POC) is a byproduct obtained from the palm oil industry. Its lightweight properties allows for its utilization as an aggregate, while in powder form as a filler material in concrete. POC specimens obtained throughout each state in Malaysia were investigated to evaluate the physical, chemical, and microstructure characteristics. Variations between each state were determined and their possible contributory...

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.

Low specific activity scale in the oil industry

International Nuclear Information System (INIS)

1991-01-01

The NRPB present an illustrated fold-out leaflet in the At-a-glance series, for members of the oil industry, indicating the type of radioactivity to be met during off-shore drilling, possible hazards, doses, and precautions and procedures to be undertaken by workers. (author)

Pollution prevention in the oil and soap industry: a case study

International Nuclear Information System (INIS)

Abou-Elela, S.I.; Zaher, F.

1998-01-01

Industrial audit of a complex oil and soap factory has been carried out. The factory produces edible oils, fatty acids, soap, crude, industrial and pharmaceutical glycerin, powdered detergents, animal fodder, sodium and potassium silicates, sodium hypochlorite and hypochloric acid. The audit shows that there were a wide range of pollution prevention opportunities which could be implemented with significant financial advantages for the factory as well as reducing environmental pollution. Cost benefits for the recommended environmental improvements have been estimated. Many of the improvements had short payback periods. (author)

Pollution prevention in the oil and soap industry: a case study

Energy Technology Data Exchange (ETDEWEB)

Abou-Elela, S.I. [National Research Center, Gizza (Egypt). Water Pollution Control Dept.; Zaher, F. [National Research Center, Gizza (Egypt). Fats and Oil Dept.

1998-12-31

Industrial audit of a complex oil and soap factory has been carried out. The factory produces edible oils, fatty acids, soap, crude, industrial and pharmaceutical glycerin, powdered detergents, animal fodder, sodium and potassium silicates, sodium hypochlorite and hypochloric acid. The audit shows that there were a wide range of pollution prevention opportunities which could be implemented with significant financial advantages for the factory as well as reducing environmental pollution. Cost benefits for the recommended environmental improvements have been estimated. Many of the improvements had short payback periods. (author)

Used oil issues and opportunities

International Nuclear Information System (INIS)

Teintze, L.M.

1992-01-01

The authors have heard the distressing comparisons in the press: More used oil is illegally disposed of or dumped in the United States each year than the sum total of more than 35 Valdez crude spills in Alaska. 1 gallon of used oil alone has the potential to contaminate 1 million gallons of drinking water, if all used oil improperly disposed of by Do-it-Yourselfers were recycled, it could produce enough energy to power 360,000 homes each year or could provide 96 million quarts of high quality motor oil. This paper presents an overview of the used oil situation faced by the oil industry today. major issues such as the size of the problem, the current disposition of used oil, the role of the Do-it-Yourselfers, federal and state legislation, and used oil activities in foreign countries will be addressed. Likewise, the opportunities that the industry has to voluntarily and favorably respond to the used oil issues, in order to control and improve the impact on the environment, will be reviewed

EEE (environmental engineering economics) attributes for oil and gas industry

International Nuclear Information System (INIS)

Isreb, M.

2006-01-01

This paper outlined the basic attributes of environmental engineering economics (EEE) with reference to the oil and gas industry in Australia. The paper was designed as a reference guide for policy-makers, educators, and environmental engineers. Methods of calculating the Pareto Optimum status were discussed, and environmental values and principles were identified. Air quality indicators were outlined. The paper considered multidisciplinary approaches to EEE and sustainable development, as well as the application of statistics and qualitative methods in addressing contemporary issues. The ethical aspects of environmental policies were discussed. Issues related to environmental toxicity and public health were also examined. Various taxation approaches and financial incentives were reviewed. Environmental laws related to the oil and gas industry were outlined. Environmental assessment procedures were presented. It was concluded that environmental regulations within the industry will help to ensure appropriate pollution reductions. 7 refs

Metal mining to the aid of the oil sands? Lateral opportunities in industrial cross-breeding

Energy Technology Data Exchange (ETDEWEB)

Sabag, S.F. [Dumont Nickel Inc., Toronto, ON (Canada)

2009-07-01

This paper demonstrated how oil sands operations can benefit from supporting innovative low cost metal mining to enhance their eco-footprint. Northeast Alberta contains large accumulations of recoverable metals, hosted in metal bearing black shales. Immense low grade polymetallic zones were discovered in 1995 but could not be exploited with existing recovery technologies. However, significant advances in bioleaching of metals from polymetallic black shale deposits have propelled this new deposit type to the forefront over the past 5 years as a long term future source of metals. Compared to traditional smelting and refining, bioleaching has lower Capex/Opex, lower eco-footprint and less energy dependence. Envisaged metal mining in the black shales of northeast Alberta can benefit oil sands operations by consuming large amounts of waste sulfur while also providing collateral opportunities for carbon sinks/offsets. Black shales have the capacity to sequester carbon dioxide (CO{sub 2}). Dumont Nickel Inc. is advancing 6 polymetallic black shale projects in northeast Alberta over 2,500 km{sup 2} with potential for hosting up to 20 billion tons in six 50-100 km{sup 2} deposits. The projects present opportunities to develop low footprint metal mines, to use run-of-river hydro, to harvest waste heat, and to combine local technologies to create a new valuable industry independent of energy markets.

Countries and companies

International Nuclear Information System (INIS)

Jenning, J.S.

1990-01-01

The trends and factors currently emerging are likely to have significant influence on the way the upstream oil and gas industry evolves in the coming decade. This paper discusses how these trends might influence events in the 1990s, particularly how they might influence relationships between host countries and companies in the oil industry. State owned companies will dominate the industry in resource terms. These statcos fall into three groups: a small group of technically able, financially sound, well-managed companies; a group of consumer statcos that have limited domestic production but significant domestic demand; a large group that are finding it difficult to maintain their production facilities in good standing to maximize recovery from their resources. This paper describes the future private sector as consisting of the Surviving Sisters and smaller, private companies very active in the upstream. How will these various players behave in the years to come? Conventional activity in the upstream will continue as companies seek to optimize their upstream portfolios

Wetland mitigation banking for the oil and gas industry: Assessment, conclusions, and recommendations

Energy Technology Data Exchange (ETDEWEB)

Wilkey, P.L.; Sundell, R.C.; Bailey, K.A.; Hayes, D.C.

1994-01-01

Wetland mitigation banks are already in existence in the United States, and the number is increasing. To date, most of these banks have been created and operated for mitigation of impacts arising from highway or commercial development and have not been associated with the oil and gas industry. Argonne National Laboratory evaluated the positive and negative aspects of wetland mitigation banking for the oil and gas industry by examining banks already created for other uses by federal, state, and private entities. Specific issues addressed in this study include (1) the economic, ecological, and technical effectiveness of existing banks; (2) the changing nature of local, state, and federal jurisdiction; and (3) the unique regulatory and jurisdictional problems affecting bank developments associated with the oil and gas industry.

Historic, economic and geographic approach to the relations between economic growth and oil prices

International Nuclear Information System (INIS)

Girard, C.

1992-01-01

This paper attempts to analyze the complex relations between energy prices and economic growth. In part 1, the history of the last 30 years is used to analyze the consequences of energy price variations on world economic growth. In part 2, two interpretation schemes are described successively. One has to do with the international oil market, and the other concerns the impact of oil shocks on national economies. In part 3, an approach by type of country leads to conclusions respectively for the industrialized countries, for the developing countries and for the newly industrialized countries. 1 fig

Health system outcomes and determinants amenable to public health in industrialized countries: a pooled, cross-sectional time series analysis

NARCIS (Netherlands)

Arah, Onyebuchi A; Westert, Gert P; Delnoij, Diana M; Klazinga, Niek S

2005-01-01

Background Few studies have tried to assess the combined cross-sectional and temporal contributions of a more comprehensive set of amenable factors to population health outcomes for wealthy countries during the last 30 years of the 20th century. We assessed the overall ecological associations

Health system outcomes and determinants amenable to public health in industrialized countries: a pooled, cross-sectional time series analysis.

NARCIS (Netherlands)

Arah, O.A.; Westert, G.; Delnoij, D.M.; Klazinga, N.S.

2005-01-01

BACKGROUND: Few studies have tried to assess the combined cross-sectional and temporal contributions of a more comprehensive set of amenable factors to population health outcomes for wealthy countries during the last 30 years of the 20th century. We assessed the overall ecological associations

Health system outcomes and determinants amenable to public health in industrialized countries: a pooled, cross-sectional time series analysis

NARCIS (Netherlands)

Arah, Onyebuchi A.; Westert, Gert P.; Delnoij, Diana M.; Klazinga, Niek S.

2005-01-01

Background: Few studies have tried to assess the combined cross-sectional and temporal contributions of a more comprehensive set of amenable factors to population health outcomes for wealthy countries during the last 30 years of the 20th century. We assessed the overall ecological associations

Genetic control of soybean seed oil: I. QTL and genes associated with seed oil concentration in RIL populations derived from crossing moderately high-oil parents.

Science.gov (United States)

Eskandari, Mehrzad; Cober, Elroy R; Rajcan, Istvan

2013-02-01

Soybean seed is a major source of oil for human consumption worldwide and the main renewable feedstock for biodiesel production in North America. Increasing seed oil concentration in soybean [Glycine max (L.) Merrill] with no or minimal impact on protein concentration could be accelerated by exploiting quantitative trait loci (QTL) or gene-specific markers. Oil concentration in soybean is a polygenic trait regulated by many genes with mostly small effects and which is negatively associated with protein concentration. The objectives of this study were to discover and validate oil QTL in two recombinant inbred line (RIL) populations derived from crosses between three moderately high-oil soybean cultivars, OAC Wallace, OAC Glencoe, and RCAT Angora. The RIL populations were grown across several environments over 2 years in Ontario, Canada. In a population of 203 F(3:6) RILs from a cross of OAC Wallace and OAC Glencoe, a total of 11 genomic regions on nine different chromosomes were identified as associated with oil concentration using multiple QTL mapping and single-factor ANOVA. The percentage of the phenotypic variation accounted for by each QTL ranged from 4 to 11 %. Of the five QTL that were tested in a population of 211 F(3:5) RILs from the cross RCAT Angora × OAC Wallace, a "trait-based" bidirectional selective genotyping analysis validated four QTL (80 %). In addition, a total of seven two-way epistatic interactions were identified for oil concentration in this study. The QTL and epistatic interactions identified in this study could be used in marker-assisted introgression aimed at pyramiding high-oil alleles in soybean cultivars to increase oil concentration for biodiesel as well as edible oil applications.

Biobased composites from thermoplastic polyurethane elastomer and cross-linked acrylated-epoxidized soybean oil

Science.gov (United States)

Soybean oil is an important sustainable material. Crosslinked acrylated epoxidized soybean oil (AESO) is brittle without flexibility and the incorporation of thermoplastic polyurethane improves its toughness for industrial applications. The hydrophilic functional groups from both oil and polyurethan...