WorldWideScience

Sample records for oil revenue management

  1. Towards sustainable oil revenue management

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2004-07-01

    Challenges to oil revenue management in existing and emerging African oil economies are examined, with a special emphasis on countries in UNDP's Central and Eastern Africa (CEA) Region. It is part of the first phase of UNDP/CEA's Oil Revenue Initiative (ml)

  2. Towards sustainable oil revenue management

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2004-07-01

    Challenges to oil revenue management in existing and emerging African oil economies are examined, with a special emphasis on countries in UNDP's Central and Eastern Africa (CEA) Region. It is part of the first phase of UNDP/CEA's Oil Revenue Initiative (ml)

  3. Management of Oil Revenues: Has That of Azerbaijan Been Prudent?

    Directory of Open Access Journals (Sweden)

    Sarvar Gurbanov

    2017-06-01

    Full Text Available To help explain the common failure of oil or other natural resource exporting countries to diversify into industry, it has been common to trace this failure to real exchange rate appreciation. This has also been done in Azerbaijan. However, because Azerbaijan has devoted so much of its oil revenues to government investment, Azerbaijan provides a suitable case for examining an alternative link through government investment. This study applies the ARDL cointegration method to quarterly time series data on oil prices, government capital formation, non-oil exports and non-oil GDP to estimate the long run relationships linking oil prices to government investment expenditures and further to generation of non-oil GDP. The results show that despite the massive government investment expenditures, extremely little non-oil production of the tradable type has been generated, calling attention to the need for policy reform.

  4. airline revenue management

    OpenAIRE

    Pak, K.; Piersma, Nanda

    2002-01-01

    textabstractWith the increasing interest in decision support systems and the continuous advance of computer science, revenue management is a discipline which has received a great deal of interest in recent years. Although revenue management has seen many new applications throughout the years, the main focus of research continues to be the airline industry. Ever since Littlewood (1972) first proposed a solution method for the airline revenue management problem, a variety of solution methods ha...

  5. Managing volatility: Fiscal policy, debt management and oil revenues in the Republic of Congo

    NARCIS (Netherlands)

    Budina, N.; van Wijnbergen, S.; Li, Y.

    2008-01-01

    Assessing fiscal sustainability - i.e. considering whether or not a country can maintain its current fiscal policies without running into solvency problems and possible default - requires projections on a government's future revenue stream, expenditures and contingent liabilities within a

  6. Assessing alternative options for allocating oil revenue in Iran

    International Nuclear Information System (INIS)

    Barkhordar, Zahra A.; Saboohi, Yadollah

    2013-01-01

    The present paper focuses on medium-term effects of alternative windfall management strategies for a resource abundant country where the resource revenues are expected to last over a prolonged period. In particular, the trade-off between spending and saving is analyzed within the framework of a recursive dynamic computable general equilibrium model. The model is further validated against historical data available for 2001–2010. The total factor productivity is calculated endogenously in the model based on a function that reflects the changes in factor productivity. The results suggest that saving oil revenues, whether in an oil fund or through physical investment in domestic sectors, leads to a higher economic growth. However, physical investment is superior in the short to medium term based on the resultant GDP while creating an oil fund might be more beneficial in the post oil era. - Highlights: • A recursive dynamic general equilibrium model is applied for Iran. • The total factor productivity is calculated endogenously. • Alternative revenue allocation options are investigated. • Physical investment of oil windfalls leads to higher economic growth in medium run. • Financial investment of oil revenues leads to higher economic growth in long run

  7. Iraq: Oil and Gas Legislation, Revenue Sharing, and U.S. Policy

    National Research Council Canada - National Science Library

    Blanchard, Christopher M

    2007-01-01

    Iraqi leaders continue to debate a package of hydrocarbon sector and revenue sharing legislation that will define the terms for the future management and development of the country's significant oil...

  8. Iraq: Oil and Gas Legislation, Revenue Sharing, and U.S. Policy

    National Research Council Canada - National Science Library

    Blanchard, Christopher M

    2008-01-01

    Iraqi leaders continue to debate a package of hydrocarbon sector and revenue sharing legislation that would define the terms for the future management and development of the country's significant oil...

  9. Iraq: Oil and Gas Legislation, Revenue Sharing, and U.S. Policy

    National Research Council Canada - National Science Library

    Blanchard, Christoper M

    2007-01-01

    Iraqi leaders continue to debate a package of hydrocarbon sector and revenue sharing legislation that would define the terms for the future management and development of the country's significant oil...

  10. Iraq: Oil and Gas Legislation, Revenue Sharing, and U.S. Policy

    National Research Council Canada - National Science Library

    Blanchard, Christopher M

    2007-01-01

    Iraqis continue to debate a package of hydrocarbon sector and revenue sharing legislation that will define the terms for the future management and development of the country's significant oil and natural gas resources...

  11. Managing resource revenues in developing economies

    NARCIS (Netherlands)

    Collier, Paul; Van Der Ploeg, Rick; Spence, Michael; Venables, Anthony J.

    2010-01-01

    This paper addresses the efficient management of natural resource revenues in capital-scarce developing economies. It departs from usual prescriptions based on the permanent income hypothesis and argues that capital-scarce countries should prioritize domestic investment. Because revenue streams are

  12. Oil and gas production equals jobs and revenue

    International Nuclear Information System (INIS)

    Aimes, L.A.

    1994-01-01

    The effects of oil and gas production on jobs and revenue are discussed. Some suggestions are presented that should provide the climate to increase jobs, add revenue and increase efficiency in state agencies within the producing states. Some of the ideas and suggestions are summarized. Some of these ideas include: how to extend the economic limits of marginal properties; how the states can encourage additional drilling without incurring loss of revenue; and the use of investment tax credits

  13. Oil Economy and the Revenue Allocation Debacle in Nigeria ...

    African Journals Online (AJOL)

    Oil Economy and the Revenue Allocation Debacle in Nigeria. ... This paper delves into one of the most controversial issues in the political economy of Nigeria. ... The paper conclude that, the drive for financial autonomy and sustainable ...

  14. 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

  15. 30 CFR 201.100 - Responsibilities of the Associate Director for Minerals Revenue Management.

    Science.gov (United States)

    2010-07-01

    ... 30 Mineral Resources 2 2010-07-01 2010-07-01 false Responsibilities of the Associate Director for Minerals Revenue Management. 201.100 Section 201.100 Mineral Resources MINERALS MANAGEMENT SERVICE, DEPARTMENT OF THE INTERIOR MINERALS REVENUE MANAGEMENT GENERAL Oil and Gas, Onshore § 201.100...

  16. Resource revenue management and wealth neutrality in Norway

    International Nuclear Information System (INIS)

    Mohn, Klaus

    2016-01-01

    An important idea behind the Norwegian oil fund mechanism and the fiscal spending rule is to protect the non-oil economy from the adverse effects of excessive spending of resource revenues over the Government budget. A critical assumption in this respect is that public sector saving is not being offset by private sector dis-saving, which is at stake with the hypothesis of Ricardian equivalence. Based on a framework of co-integrating saving rates, this model provides an empirical test of the Ricardian equivalence hypothesis on Norwegian time series data. Although the model rejects the strong-form presence of Ricardian equivalence, results indicate that the Norwegian approach does not fully succeed in separating spending of resource revenues from the accrual of the same revenues. - Highlights: •A review of resource revenue management in Norway is presented. •A model of Ricardian equivalence is formulated for a resource-rich economy. •Econometric results are provided for LT equilibrium ST dynamics. •Results suggest modest substitution between government and household saving.

  17. 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

  18. Three essays on political economy of oil revenues in the African states

    International Nuclear Information System (INIS)

    Omgba, Luc Desire

    2010-01-01

    The vision of the role of natural resources in the development process has changed over the last thirty years. The optimistic views of the beginning became more moderate, even pessimistic. This thesis focuses on the role of oil in the political, institutional, and economic performances of African countries, some of which are richly endowed. It revolves around three empirical essays. Chapter 2 focuses on the duration of political regimes in Africa and shows from a duration model that revenues from oil exploitation play an important role. Chapter 3 examines the high indebtedness of oil-producing countries. A collateral effect of oil resources is highlighted, it dominates an instability effect. Chapter 4 includes, in a dynamic computable general equilibrium model, the permanent income hypothesis presented in the literature as the answer to the fiscal management of oil revenues. It concludes that a relevant rule of oil revenues management in African countries should not reduce only the impact of volatility on public finances, but it should also address the development needs of African oil producing countries. (author)

  19. Revenue Management under Customer Choice Behaviour with Cancellations and Overbooking

    NARCIS (Netherlands)

    D.D. Sierag (Dirk); G.M. Koole (Ger); R.D. van der Mei (Rob); JP.I. van der Rest (Jean-Pierre); A.P. Zwart (Bert)

    2015-01-01

    htmlabstractRevenue management is the practice of pricing perishable goods to optimise revenue. A realistic revenue management model allows overbooking and incorporates customer buying behaviour and cancellations. The latter is motivated by our research using real data, which shows that for a

  20. Revenue Risk of U.S. Tight-Oil Firms

    Directory of Open Access Journals (Sweden)

    Luis Mª Abadie

    2016-10-01

    Full Text Available American U.S. crude oil prices have dropped significantly of late down to a low of less than $30 a barrel in early 2016. At the same time price volatility has increased and crude in storage has reached record amounts in the U.S. America. Low oil prices in particular pose quite a challenge for the survival of U.S. America’s tight-oil industry. In this paper we assess the current profitability and future prospects of this industry. The question could be broadly stated as: should producers stop operation immediately or continue in the hope that prices will rise in the medium term? Our assessment is based on a stochastic volatility model with three risk factors, namely the oil spot price, the long-term oil price, and the spot price volatility; we allow for these sources of risk to be correlated and display mean reversion. We then use information from spot and futures West Texas Intermediate (WTI oil prices to estimate this model. Our aim is to show how the development of the oil price in the future may affect the prospective revenues of firms and hence their operation decisions at present. With the numerical estimates of the model’s parameters we can compute the value of an operating tight-oil field over a certain time horizon. Thus, the present value (PV of the prospective revenues up to ten years from now is $37.07/bbl in the base case. Consequently, provided that the cost of producing a barrel of oil is less than $37.07 production from an operating field would make economic sense. Obviously this is just a point estimate. We further perform a Monte Carlo (MC simulation to derive the risk profile of this activity and calculate two standard measures of risk, namely the value at risk (VaR and the expected shortfall (ES (for a given confidence level. In this sense, the PV of the prospective revenues will fall below $22.22/bbl in the worst 5% of the cases; and the average value across these worst scenarios is $19.77/bbl. Last we undertake two

  1. Dynamic relationships between oil revenue, government spending and economic growth in Oman

    Directory of Open Access Journals (Sweden)

    Ahmad Hassan Ahmad

    2015-07-01

    Full Text Available This paper investigates the short-run and long-run relationships between three main macroeconomic variables in Oman using the Johansen multivariate co-integration techniques as well as the stationary VAR for the period between 1971 and 2013. The results indicate that there is a long-run relationship between these three macroeconomic variables; the real GDP, the real government expenditure and the real oil revenues. The estimated coefficients for the real oil revenues and the real government expenditure are correctly signed and statistically significant at 5% level. Both variables depict positive relationship with GDP which are 0.672 and 0.872 respectively. The impulse response functions and the variance decomposition from the stationary VAR show that these variables are very important to the short-run dynamics of the Omani economy. Overall, government expenditure appears to be the main source for economic growth in long-run, and in short run variations in government expenditure are generally derived by oil revenue shocks. Therefore, the volatility in oil revenue requires public expenditure management reforms and the need to diversify income sources in order to enhance economic stability and growth.

  2. The effect of fiscal policy on oil revenue fund: The case of Kazakhstan

    Directory of Open Access Journals (Sweden)

    Dina Azhgaliyeva

    2014-07-01

    Full Text Available Setting an optimal fiscal policy in oil-producing countries is challenging, due to the exhaustibility of oil resources and unpredictability of oil prices. Recently it has become popular among oil-producing countries to establish oil revenue funds, which are believed to stabilize the economy and provide inter-generational redistribution of oil wealth. The effectiveness of oil revenue funds and their design have received considerable attention from researchers and policymakers recently. Using empirical model, it is found that an oil revenue fund in Kazakhstan stabilized the government expenditure, but did not stabilize real effective exchange rates.

  3. Revenue management: a cost saver, not a cost center

    OpenAIRE

    Grier, Rachel

    2017-01-01

    Any hotelier operating today without the support of an automated revenue management system is working at a competitive disadvantage. Advanced revenue management solutions allow hotels to better predict demand, price their product offerings competitively and achieve the optimal business mix for their property as a result. Simply put, revenue management systems allow a hotel to attract the ideal guest, at the ideal price and via the ideal channel. November 2nd, 2017

  4. Wasted millions: Revenue management in Dutch culinary restaurants

    African Journals Online (AJOL)

    Research in Hospitality Management is co-published by NISC (Pty) Ltd and ... The concept of revenue management is widely adopted in various industries including the hospitality industry. ... of three main areas: firstly, pricing strategy; secondly, inventory ... essence of revenue management, however, is in many cases.

  5. Measuring the importance of oil-related revenues in total fiscal income for Mexico

    Energy Technology Data Exchange (ETDEWEB)

    Reyes-Loya, Manuel Lorenzo; Blanco, Lorenzo [Facultad de Economia, Universidad Autonoma de Nuevo Leon, Loma Redonda 1515 Pte., Col. Loma Larga, C.P. 64710, Monterrey, Nuevo Leon (Mexico)

    2008-09-15

    Revenues from oil exports are an important part of government budgets in Mexico. A time-series analysis is conducted using monthly data from 1990 to 2005 examining three different specifications to determine how international oil price fluctuations and government income generated from oil exports influence fiscal policy in Mexico. The behavior of government spending and taxation is consistent with the spend-tax hypothesis. The results show that there is an inverse relationship between oil-related revenues and tax revenue from non-oil sources. Fiscal policy reform is urgently needed in order to improve tax collection as oil reserves in Mexico become more and more depleted. (author)

  6. Measuring the importance of oil-related revenues in total fiscal income for Mexico

    International Nuclear Information System (INIS)

    Reyes-Loya, Manuel Lorenzo; Blanco, Lorenzo

    2008-01-01

    Revenues from oil exports are an important part of government budgets in Mexico. A time-series analysis is conducted using monthly data from 1990 to 2005 examining three different specifications to determine how international oil price fluctuations and government income generated from oil exports influence fiscal policy in Mexico. The behavior of government spending and taxation is consistent with the spend-tax hypothesis. The results show that there is an inverse relationship between oil-related revenues and tax revenue from non-oil sources. Fiscal policy reform is urgently needed in order to improve tax collection as oil reserves in Mexico become more and more depleted. (author)

  7. Giving away the Alberta advantage - are Albertans receiving maximum revenues from their oil and gas?: executive summary

    International Nuclear Information System (INIS)

    Laxer, G.

    1999-01-01

    The aim of the report was to see if Albertans are receiving maximum value from oil and gas revenues generated in their province. The study compared energy royalties collected on oil and gas production in Norway, Alaska and Alberta and found that both Norway and Alaska have realized greater turns (royalties and taxes) for every barrel of oil and gas produced than Alberta. The study examines Alberta with other international benchmarks such as Norway and Alaska, the collection performance of the current Alberta government compare with previous administrations, the indications for Alberta's future collection performance, the financial impact of Alberta's current provincial policies on the collection of oil and gas revenues and the policy implications for the fiscal management and accountability of government. Alberta's oil and gas legacy contributes significantly to employment, industry profits and government royalty and tax revenues, with government revenues from oil and gas royalties amounted to $3.78 billion or 21% of total government revenue in 1997-1998

  8. Revenue management under customer choice behaviour with cancellations and overbooking

    NARCIS (Netherlands)

    Sierag, D.D.; Koole, G.M.; Mei, van der R.D.; Zwart, B.; Rest, van der J.I.

    2015-01-01

    In many application areas such as airlines and hotels a large number of bookings are typically cancelled. Explicitly taking into account cancellations creates an opportunity for increasing revenue. Motivated by this we propose a revenue management model based on Talluri and van Ryzin (2004) that

  9. Cash Management, Revenue Sources and Cost Effective Methods of Revenue Collection at Local Government Level

    OpenAIRE

    Mustapha Gimba Kumshe; Kagu Bukar

    2013-01-01

    The main objective of this paper was to focus on the elements, objectives, goals and importance of cash management; and also to examine the sources of revenue and cost effective collections for local governments. The elements of cash management are identified as establishing bank relations, preparing cash flow statements, estimating collection receipts and analyzing cash flow and preparing a budget. Amongst the objectives of cash management is to ensure availability of cash resources at all t...

  10. Illusionary Transparency? Oil Revenues, Information Disclosure, and Transparency

    OpenAIRE

    Ofori, Jerome Jeffison; Lujala, Päivi

    2015-01-01

    xperience shows that discovery of valuable natural resources can become a curse rather than a blessing, and transparency has been identified as key to better resource governance because it can limit opportunities for corruption and mismanagement. This article shows that information disclosure, in which many governments and donor institutions engage, does not automatically translate into transparency. Ghana has embedded transparency as one of its key principles in oil management. However, fiel...

  11. Dynamic room pricing model for hotel revenue management systems

    Directory of Open Access Journals (Sweden)

    Heba Abdel Aziz

    2011-11-01

    Full Text Available This paper addresses the problem of room pricing in hotels. We propose a hotel revenue management model based on dynamic pricing to provide hotel managers with a flexible and efficient decision support tool for room revenue maximization. The two pillars of the proposed framework are a novel optimization model, and a multi-class scheme similar to the one implemented in airlines. Our hypothesis is that this framework can overcome the limitations associated with the research gaps in pricing literature; and can also contribute significantly in increasing the revenue of hotels. We test this hypothesis on three different approaches, and the results show an increase in revenue compared to the classical model used in literature.

  12. How to share the oil revenue - Lessons from an African experience

    International Nuclear Information System (INIS)

    Ikama, Jean-Jacques

    2013-01-01

    This document proposes a brief presentation of a book in which the author addresses the issue of oil revenues which are at the root of conflicts in almost all oil producing countries, and comments the fact that the distribution of oil revenues between producing States and oil companies is still a matter of discussion and questions. The author aims at defining these revenues and at clarifying questions related to their appropriation, at revealing the basic reason for the sharing of this revenue and at explaining the distribution mechanisms, at analyzing the results of this distribution and at noticing some effects like despoilment, at examining the tax pressure on oil companies and at assessing its actual level, and at proposing a simple, flexible and fair sharing model. The author notably relies on his knowledge of Congo

  13. An Improved Dynamic Programming Decomposition Approach for Network Revenue Management

    OpenAIRE

    Dan Zhang

    2011-01-01

    We consider a nonlinear nonseparable functional approximation to the value function of a dynamic programming formulation for the network revenue management (RM) problem with customer choice. We propose a simultaneous dynamic programming approach to solve the resulting problem, which is a nonlinear optimization problem with nonlinear constraints. We show that our approximation leads to a tighter upper bound on optimal expected revenue than some known bounds in the literature. Our approach can ...

  14. Revenue Management and Demand Fulfillment: Matching Applications, Models, and Software

    NARCIS (Netherlands)

    R. Quante (Rainer); H. Meyr (Herbert); M. Fleischmann (Moritz)

    2007-01-01

    textabstractRecent years have seen great successes of revenue management, notably in the airline, hotel, and car rental business. Currently, an increasing number of industries, including manufacturers and retailers, are exploring ways to adopt similar concepts. Software companies are taking an

  15. Sell honestly, never sell your honesty: revenue management and corporate reputation management

    OpenAIRE

    Wang, Xuan Lorna

    2013-01-01

    This study explores the link between corporate reputation and revenue management practice in the hospitality and tourism industries. It seeks answers to two key questions: first, whether or not there is a link between corporate reputation and revenue management, and second, how revenue management practice may affect corporate reputation, and vice versa. More specifically, it examines whether the negative effects of sales-driven RevM practice has had on customers, such as unfair perception, re...

  16. The effects of oil shocks on government expenditures and government revenues nexus in Iran (as a developing oil-export based economy)

    NARCIS (Netherlands)

    S.F. Dizaji (Sajjad Faraji)

    2012-01-01

    textabstractThe main purpose of this study is to investigate the dynamic relationship between government revenues and government expenditures in Iran as a developing oil export based economy. Moreover, I want to know how government expenditures and revenues respond to oil price (revenue) shocks. I

  17. Revenue management of air cargo service in theory and practice

    Science.gov (United States)

    Budiarto, S.; Putro, H. P.; Pradono, P.; Yudoko, G.

    2018-05-01

    This study examines the air cargo service by comparing existing theories from previous research with the conditions on the ground. The object of the study is focused on the freight forwarder and the airport management. This study reviews the models and results of previous research that will be summarized and used to identify any issues related to the characteristics of air cargo operational services, as well as observing and monitoring literature with airlines, shipping companies, and airport management to explore and see the gap between prior research and implementation of its process in the air cargo service. The first phase in this study is to provide an overview of the air cargo industry. The second phase analyzes the characteristic differences between air cargo services and air passenger operating services. And the third phase is a literary bibliography study of air cargo operations, where the focus is on the studies using quantitative models from the perspective of the object of the study, which is the optimization of revenue management on air cargo services. From the results of the study, which is based on the gap between theory and practice, new research opportunities which are related to management of air cargo service revenue in the form of model development are found by adding booking timelines aspects of cargo that can affect the revenue of cargo airline companies and airports.

  18. OPEC's production under fluctuating oil prices. Further test of the target revenue theory

    International Nuclear Information System (INIS)

    Ramcharran, H.

    2001-01-01

    Oil production cutbacks in recent years by OPEC members to stabilize price and to increase revenues warrant further empirical verification of the target revenue theory (TRT). We estimate a modified version of Griffin (1985) target revenue model using data from 1973 to 2000. The sample period, unlike previous investigations, includes phases of both price increase (1970s) and price decrease (1980s-1990s), thus providing a better framework for examining production behavior. The results, like the earlier study, are not supportive of the strict version of the TRT, however, evidence (negative and significant elasticity of supply) of the partial version are substantiated. Further empirical estimates do not support the competitive pricing model, hypothesizing a positive elasticity of supply. OPEC's loss of market share and the drop in the share of oil-based energy should signal an adjustment in pricing and production strategies

  19. Descriptive Analysis of Economic Diversification, Price and Revenue Dynamics in Oil and Energy in the Arab World

    OpenAIRE

    Driouchi, Ahmed; El Alouani, Hajar; Gamar, Alae

    2014-01-01

    Abstract The present paper looks at the descriptive side of the economy of oil and energy in the Arab countries. It addresses the contours of these economies in relation to diversification and trading patterns and shows the limited diversification but high concentration of exports towards oil and gas in part of these countries. The paper addresses also the dynamic processes of gas and oil revenues with their time trends. It also attempts linking revenues to international oil prices before...

  20. UK wants more revenue from North Sea oil

    Energy Technology Data Exchange (ETDEWEB)

    1973-03-09

    The first report from the Committee of Public Accounts of the UK Parliament on North Sea gas and oil has revealed a situation under which the UK Exchequer apparently does not receive cash intake comparable to the Exchequers of other oil producing countries. So important are these findings that some of them are presented so that the industry at large, and particularly those engaged in North Sea exploration and production, will be aware of the UK situation. Recomendations are made that the government should take action substantially to improve the effective tax yield from operations on the continental shelf, and should consider among other methods the possibility of imposing a system of quantity taxation.

  1. Guidelines for Implementing Revenue Management in the Restaurant Industry

    OpenAIRE

    Ammunet, Mika

    2016-01-01

    The aim of this thesis is to draw an outline of how to implement revenue management in the restaurant industry. The practice well-known in the hotel and airline industry is proven to be suitable for the food and beverage businesses. First of all, the key strategic levers, price and duration, are presented and defined. Based on the basic principle that the demand for a product varies according to its price, the application of modern pricing and dynamic pricing is introduced in this thesis....

  2. Hotel revenue management – a critical literature review

    OpenAIRE

    Ivanov, Stanislav; Zhechev, Vladimir

    2012-01-01

    The paper presents a literature review of the main concepts of hotel revenue management (RM) and current state-of-the-art of its theoretical research. The article emphasises on the different directions of hotel RM research and is structured around the elements of the hotel RM system and the stages of RM process. The elements of the hotel RM system discussed in the paper include hotel RM centres (room division, F&B, function rooms, spa & fitness facilities, golf courses, casino and gambling fa...

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

    Directory of Open Access Journals (Sweden)

    Sarah Dobson

    2015-03-01

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

  4. Hasilpedia: Transforming knowledge management at Inland Revenue Board of Malaysia

    Directory of Open Access Journals (Sweden)

    Intan Soraya Rosdi

    2016-06-01

    Full Text Available This paper provides a working example of how technology plays an important role in knowledge management for the Malaysia’s federal tax collection agency, Inland Revenue Board of Malaysia (IRBM. The IRBM had successfully gone through a five year organizational transformation process that had resulted in significant performance improvements duly recognized by the Malaysian government. Led by its visionary Chief Executive Officer (CEO, various initiatives had been implemented, including those which placed technology as a key driver in its operations. The focus of this paper is on the organization’s ‘knowledge base’ system, or the ‘k-base’. A computerized database for internal use, the k-base was developed in-house and currently managed by IRBM’s Information Technology Department. Originally created to support information sharing among the organization’s auditors, the k-base today features a myriad of information and is accessible by all employees. This paper will trace the journey of the k-base from its original version to being IRBM’s prized possession today as well as the organization’s plans for its future.

  5. sustainable management of nigeria's oil wealth: legal challenges ...

    African Journals Online (AJOL)

    RAYAN_

    link that may exist between oil resource and economic development, there is the .... examine the impact of revenue allocation on the sustainable management of ... Nigeria, the biggest oil exporter with the largest natural gas reserves in. Africa24 and ..... Issues' (PhD dissertation, the Law of the Sea and Maritime Law Institute,.

  6. Demand Management Opportunities in E-fulfillment: What Internet Retailers Can Learn from Revenue Management

    NARCIS (Netherlands)

    N.A.H. Agatz (Niels); A.M. Campbell (Ann Melissa); M. Fleischmann (Moritz); J.A.E.E. van Nunen (Jo); M.W.P. Savelsbergh (Martin)

    2008-01-01

    textabstractIn this paper, we explain how Internet retailers can learn from proven revenue management concepts and use them to reduce costs and enhance service. We focus on attended deliveries as these provide the greatest opportunities and challenges. The key driver is service differentiation.

  7. Hospital revenue cycle management and payer mix: do Medicare and Medicaid undermine hospitals' ability to generate and collect patient care revenue?

    Science.gov (United States)

    Rauscher, Simone; Wheeler, John R C

    2010-01-01

    The continuing efforts of government payers to contain hospital costs have raised concerns among hospital managers that serving publicly insured patients may undermine their ability to manage the revenue cycle successfully. This study uses financial information from two sources-Medicare cost reports for all US hospitals for 2002 to 2007 and audited financial statements for all bond-issuing, not-for-profit hospitals for 2000 to 2006 to examine the relationship between hospitals' shares of Medicare and Medicaid patients and the amount of patient care revenue they generate as well as the speed with which they collect their revenue. Hospital-level fixed effects regression analysis finds that hospitals with higher Medicare and Medicaid payer mix collect somewhat higher average patient care revenues than hospitals with more privately insured and self-pay patients. Hospitals with more Medicare patients also collect on this revenue faster; serving more Medicaid patients is not associated with the speed of patient revenue collection. For hospital managers, these findings may represent good news. They suggest that, despite increases in the number of publicly insured patients served, managers have frequently been able to generate adequate amounts of patient revenue and collect it in a timely fashion.

  8. Market Response toward Accrual Earnings Management, Real Transactions, and Strategic Revenue Recognition - Earnings Management1

    Directory of Open Access Journals (Sweden)

    Windy Puspita Dewi

    2015-01-01

    Full Text Available This study investigates how the capital market response to a variety of earnings management tools i.e., accrual-based earnings management, real transaction activities, and strategic revenue recognition. We measure the market response to the information content of earnings by the earnings response coefficient (ERC. By using pooled-OLS regression from 748 firm-years data of public listed companies on the Indonesian Stock Exchange (IDX in 2004-2009, we find some evidence of a negative association between earnings response coefficients and information content of earnings that contained earnings management. Our study find that real transactions earnings management in operating activities has negative association with earnings response coefficient, but we do not find any evidence from the other earnings management tools. The findings of this study imply that the market participants are able to capture a certain kind of earnings management behaviour that may reduce the earnings response coefficient.

  9. Dynamic Pricing for Airline Revenue Management under Passenger Mental Accounting

    Directory of Open Access Journals (Sweden)

    Yusheng Hu

    2015-01-01

    Full Text Available Mental accounting is a far-reaching concept, which is often used to explain various kinds of irrational behaviors in human decision making process. This paper investigates dynamic pricing problems for single-flight and multiple flights settings, respectively, where passengers may be affected by mental accounting. We analyze dynamic pricing problems by means of the dynamic programming method and obtain the optimal pricing strategies. Further, we analytically show that the passenger mental accounting depth has a positive effect on the flight’s expected revenue for the single flight and numerically illustrate that the passenger mental accounting depth has a positive effect on the optimal prices for the multiple flights.

  10. Optimizing MPBSM Resource Allocation Based on Revenue Management: A China Mobile Sichuan Case

    Directory of Open Access Journals (Sweden)

    Xu Chen

    2015-01-01

    Full Text Available The key to determining the network service level of telecom operators is resource allocation for mobile phone base station maintenance (MPBSM. Given intense market competition and higher consumer requirements for network service levels, an increasing proportion of resources have been allocated to MPBSM. Maintenance costs account for the rising fraction of direct costs, and the management of MPBSM resource allocation presents special challenges to telecom operators. China Mobile is the largest telecom operator in the world. Its subsidiary, China Mobile Sichuan, is the first in China to use revenue management in improving MPBSM resource allocation. On the basis of comprehensive revenue (including both economic revenue and social revenue, the subsidiary established a classification model of its base stations. The model scientifically classifies more than 25,000 base stations according to comprehensive revenue. China Mobile Sichuan also conducted differentiation allocation of MPBSM resources on the basis of the classification results. Furthermore, it optimized the assessment system of the telecom base stations to establish an assurance system for the use of MPBSM resources. After half-year implementation, the cell availability of both VIP base stations and total base stations significantly improved. The optimization also reduced economic losses to RMB 10.134 million, and enhanced customer satisfaction with network service by 3.2%.

  11. The development process and its relation to oil revenues and dependence on imported labor market in Saudi Arabia

    International Nuclear Information System (INIS)

    Almtairi, N.M.

    1991-01-01

    This study describes and analyzes the process of development in Saudi Arabia in relation to oil revenues and Saudi Arabian dependence on imported foreign labor. Modern development and societal change in Saudi Arabia began with the commercial exploitation of oil in 1939, therefore Saudi economy must be viewed from a dual perspective: a highly capital-intensive oil sector and a labor-intensive non-oil sector. In one generation the Kingdom created an infrastructure suitable to a rapid transformation from Bedouin tribes to a modern state, which became a leading regional power and now occupies an important place in international society. Important advances were made in social services, health services and education at all levels. Large-scale importation of foreign labor workers during the 1970s and early 1980s was necessary for the Development Plans. By the 1990s the major infrastructure was completed and only the maintenance work and minor projects remained for foreign labor sources

  12. Plucking the Golden Goose: Higher Royalty Rates on the Oil Sands Generate Significant Increases in Government Revenue

    Directory of Open Access Journals (Sweden)

    Kenneth J. McKenzie

    2011-09-01

    Full Text Available The Alberta government’s 2009 New Royalty Framework elicited resistance on the part of the energy industry, leading to subsequent reductions in the royalties imposed on natural gas and conventional oil. However, the oil sands sector, subject to different terms, quickly accepted the new arrangement with little complaint, recognizing it as win-win situation for industry and the government. Under the framework, Alberta recoups much more money in royalties — about $1 billion over the two year period of 2009 and 2010 — without impinging significantly on investment in the oil sands. This brief paper demonstrates that by spreading the financial risks and benefits to everyone involved, the new framework proves it’s possible to generate increased revenue without frightening off future investment. The same model could conceivably be applied to the conventional oil and natural gas sectors.

  13. A network Airline Revenue Management Framework Based on Deccomposition by Origins ans Destinations

    NARCIS (Netherlands)

    Birbil, S.I.; Frenk, J.B.G.; Gromicho Dos Santos, J.A.; Zhang, Shuzhong

    2014-01-01

    We propose a framework for solving airline revenue management problems on large networks, where the main concern is to allocate the flight leg capacities to customer requests under fixed class fares. This framework is based on a mathematical programming model that decomposes the network into

  14. Pricing-based revenue management for flexible products on a network

    NARCIS (Netherlands)

    Sierag, DIrk

    2017-01-01

    This paper proposes and analyses a pricing-based revenue management model that allows flexible products on a network, with a non-trivial extension to group reservations. Under stochastic demand the problem can be solved using dynamic programming, though it suffers from the curse of dimensionality.

  15. Real purchasing power of oil revenues for OPEC Member Countries: a broad currency basket and dynamic trade pattern approach

    International Nuclear Information System (INIS)

    Mazraati, M.

    2005-01-01

    The purpose of this paper is to examine the real purchasing power of OPEC Member Countries' oil revenues, which are subject to 'the value of the US dollar vis-a-vis other major currencies' and 'world imported inflation'. The exponential weighting average formula with a broad basket of currencies is suggested. The basket of currencies is labelled as a broad currency basket and includes the major trading partners of OPEC Member Countries. The weights are normalized OPEC import shares of the countries of the basket and are updated and adjusted every year to incorporate a gradual change in the trade pattern. In other words, the dynamic trade pattern approach is incorporated in the calculations. The nominal dollar oil revenues of OPEC Member Countries are about $5,099 billion during 1970 to 2004, of which $3,725 bn (73 per cent) have been lost due to imported inflation and the dollar's depreciation. Imported inflation and dollar depreciation have had a respective 78.6 per cent and 21.4 per cent contribution to the losses of the purchasing power of OPEC Member Countries. The imported inflation rate approaches a stable low level, but OPEC still has a lot of concerns on dollar swings. The euro offers opportunities for many oil-exporting nations that have extensive trade relations with Euro-zone countries. Payments for oil exports can be invoked in euros at the prevailing dollar-euro rate on the day of a given contract, or any other trigger formula. This would immunize a major portion of OPEC oil revenues from dollar depreciation. (author)

  16. The turning points of revenue management: a brief history of future evolution

    Directory of Open Access Journals (Sweden)

    Ian Seymour Yeoman

    2017-04-01

    Full Text Available Purpose – The primary aim of revenue management (RM is to sell the right product to the right customer at the right time for the right price. Ever since the deregulation of US airline industry, and the emergence of the internet as a distribution channel, RM has come of age. The purpose of this paper is to map out ten turning points in the evolution of Revenue Management taking an historical perspective. Design/methodology/approach – The paper is a chronological account based upon published research and literature fundamentally drawn from the Journal of Revenue and Pricing Management. Findings – The significance and success to RM is attributed to the following turning points: Littlewood’s rule, Expected Marginal Seat Revenue, deregulation of the US air industry, single leg to origin and destination RM, the use of family fares, technological advancement, low-cost carriers, dynamic pricing, consumer and price transparency and pricing capabilities in organizations. Originality/value – The originality of the paper lies in identifying the core trends or turning points that have shaped the development of RM thus assisting futurists or forecasters to shape the future.

  17. It only hurts when you produce : ten years of federal/provincial conflict over oil industry revenue sharing

    International Nuclear Information System (INIS)

    Smith, D.C.

    1998-01-01

    This book presents a collection of more than 300 cartoons which were published in 'Oilweek Magazine' between February 1973 and 1983. For the oil industry, this decade represented a time of increased provincial royalties and rising federal taxation. The cartoons depict the ongoing federal-provincial conflict over oil industry revenue sharing. The implication of the title is that while federal and provincial governments each determined the oil industry to be their own golden goose, the goose concluded that future demands for golden eggs would be painful to satisfy. At the time, the cartoons were submitted anonymously, but were well received by 'Oilweek' readers. In 1986, Amoco Regional Petroleum Engineering Supervisor Don Smith, revealed that he was the anonymous artist

  18. Financial sustainability in municipal solid waste management--costs and revenues in Bahir Dar, Ethiopia.

    Science.gov (United States)

    Lohri, Christian Riuji; Camenzind, Ephraim Joseph; Zurbrügg, Christian

    2014-02-01

    Providing good solid waste management (SWM) services while also ensuring financial sustainability of the system continues to be a major challenge in cities of developing countries. Bahir Dar in northwestern Ethiopia outsourced municipal waste services to a private waste company in 2008. While this institutional change has led to substantial improvement in the cleanliness of the city, its financial sustainability remains unclear. Is the private company able to generate sufficient revenues from their activities to offset the costs and generate some profit? This paper presents a cost-revenue analysis, based on data from July 2009 to June 2011. The analysis reveals that overall costs in Bahir Dar's SWM system increased significantly during this period, mainly due to rising costs related to waste transportation. On the other hand, there is only one major revenue stream in place: the waste collection fee from households, commercial enterprises and institutions. As the efficiency of fee collection from households is only around 50%, the total amount of revenues are not sufficient to cover the running costs. This results in a substantial yearly deficit. The results of the research therefore show that a more detailed cost structure and cost-revenue analysis of this waste management service is important with appropriate measures, either by the privates sector itself or with the support of the local authorities, in order to enhance cost efficiency and balance the cost-revenues towards cost recovery. Delays in mitigating the evident financial deficit could else endanger the public-private partnership (PPP) and lead to failure of this setup in the medium to long term, thus also endangering the now existing improved and currently reliable service. We present four options on how financial sustainability of the SWM system in Bahir Dar might be enhanced: (i) improved fee collection efficiency by linking the fees of solid waste collection to water supply; (ii) increasing the value

  19. Financial sustainability in municipal solid waste management – Costs and revenues in Bahir Dar, Ethiopia

    Energy Technology Data Exchange (ETDEWEB)

    Lohri, Christian Riuji, E-mail: christian.lohri@eawag.ch; Camenzind, Ephraim Joseph, E-mail: ephraimcamenzind@hotmail.com; Zurbrügg, Christian, E-mail: christian.zurbruegg@eawag.ch

    2014-02-15

    Highlights: • Cost-revenue analysis over 2 years revealed insufficient cost-recovery. • Expenses for motorized secondary collection increased by 82% over two years. • Low fee collection rate and reliance on only one revenue stream are problematic. • Different options for cost reduction and enhanced revenue streams are recommended. • Good public–private alliance is crucial to plan and implement improvement measures. - Abstract: Providing good solid waste management (SWM) services while also ensuring financial sustainability of the system continues to be a major challenge in cities of developing countries. Bahir Dar in northwestern Ethiopia outsourced municipal waste services to a private waste company in 2008. While this institutional change has led to substantial improvement in the cleanliness of the city, its financial sustainability remains unclear. Is the private company able to generate sufficient revenues from their activities to offset the costs and generate some profit? This paper presents a cost-revenue analysis, based on data from July 2009 to June 2011. The analysis reveals that overall costs in Bahir Dar’s SWM system increased significantly during this period, mainly due to rising costs related to waste transportation. On the other hand, there is only one major revenue stream in place: the waste collection fee from households, commercial enterprises and institutions. As the efficiency of fee collection from households is only around 50%, the total amount of revenues are not sufficient to cover the running costs. This results in a substantial yearly deficit. The results of the research therefore show that a more detailed cost structure and cost-revenue analysis of this waste management service is important with appropriate measures, either by the privates sector itself or with the support of the local authorities, in order to enhance cost efficiency and balance the cost-revenues towards cost recovery. Delays in mitigating the evident

  20. Financial sustainability in municipal solid waste management – Costs and revenues in Bahir Dar, Ethiopia

    International Nuclear Information System (INIS)

    Lohri, Christian Riuji; Camenzind, Ephraim Joseph; Zurbrügg, Christian

    2014-01-01

    Highlights: • Cost-revenue analysis over 2 years revealed insufficient cost-recovery. • Expenses for motorized secondary collection increased by 82% over two years. • Low fee collection rate and reliance on only one revenue stream are problematic. • Different options for cost reduction and enhanced revenue streams are recommended. • Good public–private alliance is crucial to plan and implement improvement measures. - Abstract: Providing good solid waste management (SWM) services while also ensuring financial sustainability of the system continues to be a major challenge in cities of developing countries. Bahir Dar in northwestern Ethiopia outsourced municipal waste services to a private waste company in 2008. While this institutional change has led to substantial improvement in the cleanliness of the city, its financial sustainability remains unclear. Is the private company able to generate sufficient revenues from their activities to offset the costs and generate some profit? This paper presents a cost-revenue analysis, based on data from July 2009 to June 2011. The analysis reveals that overall costs in Bahir Dar’s SWM system increased significantly during this period, mainly due to rising costs related to waste transportation. On the other hand, there is only one major revenue stream in place: the waste collection fee from households, commercial enterprises and institutions. As the efficiency of fee collection from households is only around 50%, the total amount of revenues are not sufficient to cover the running costs. This results in a substantial yearly deficit. The results of the research therefore show that a more detailed cost structure and cost-revenue analysis of this waste management service is important with appropriate measures, either by the privates sector itself or with the support of the local authorities, in order to enhance cost efficiency and balance the cost-revenues towards cost recovery. Delays in mitigating the evident

  1. The Scatter Search Based Algorithm to Revenue Management Problem in Broadcasting Companies

    Science.gov (United States)

    Pishdad, Arezoo; Sharifyazdi, Mehdi; Karimpour, Reza

    2009-09-01

    The problem under question in this paper which is faced by broadcasting companies is how to benefit from a limited advertising space. This problem is due to the stochastic behavior of customers (advertiser) in different fare classes. To address this issue we propose a mathematical constrained nonlinear multi period model which incorporates cancellation and overbooking. The objective function is to maximize the total expected revenue and our numerical method performs it by determining the sales limits for each class of customer to present the revenue management control policy. Scheduling the advertising spots in breaks is another area of concern and we consider it as a constraint in our model. In this paper an algorithm based on Scatter search is developed to acquire a good feasible solution. This method uses simulation over customer arrival and in a continuous finite time horizon [0, T]. Several sensitivity analyses are conducted in computational result for depicting the effectiveness of proposed method. It also provides insight into better results of considering revenue management (control policy) compared to "no sales limit" policy in which sooner demand will served first.

  2. The impact of alcohol management practices on sports club membership and revenue.

    Science.gov (United States)

    Wolfenden, L; Kingsland, M; Rowland, B; Dodds, P; Sidey, M; Sherker, S; Wiggers, J

    2016-04-13

    Issue addressed: The aim of this study was to assess the impact of an alcohol management intervention on community sporting club revenue (total annual income) and membership (number of club players, teams and spectators). Methods: The study employed a cluster randomised controlled trial design that allocated clubs either an alcohol accreditation intervention or a control condition. Club representatives completed a scripted telephone survey at baseline and again ~3 years following. Demographic information about clubs was collected along with information about club income. Results: Number of players and senior teams were not significantly different between treatment groups following the intervention. The intervention group, however, showed a significantly higher mean number of spectators. Estimates of annual club income between groups at follow-up showed no significant difference in revenue. Conclusions: This study found no evidence to suggest that efforts to reduce alcohol-related harm in community sporting clubs will compromise club revenue and membership. So what?: These findings suggest that implementation of an intervention to improve alcohol management of sporting clubs may not have the unintended consequence of harming club viability.

  3. Estimation of risk management effects on revenue and purchased feed costs on US dairy farms.

    Science.gov (United States)

    Hadrich, Joleen C; Johnson, Kamina K

    2015-09-01

    Variations in milk and feed prices directly affect dairy farm risk management decisions. This research used data from the 2010 US Department of Agriculture-Agricultural Resource Management Surveys phase III dairy survey to examine how risk management tools affected revenues and expenses across US dairy farms. The survey was sent to 26 states and collected information on costs and returns to individual dairy farms. This research used the information from milk sales, crops sales, feed expenses, and farm and operator characteristics, as well as the use of risk management tools. Matching methodology was used to evaluate the effect of 5 independent risk management tools on revenues and expenses: selling milk to a cooperative, using a commodity contract to sell grain, feeding homegrown forage at a basic and intensive level, and use of a nutritionist. Results showed that dairy farms located in the Midwest and East benefit from selling milk to a cooperative and using commodity contracts to sell grain. Across the United States, using a nutritionist increased total feed costs, whereas a feeding program that included more than 65% homegrown forages decreased total feed costs. Results point to benefits from educational programming on risk management tools that are region specific rather than a broad generalization to all US dairy farmers. Copyright © 2015 American Dairy Science Association. Published by Elsevier Inc. All rights reserved.

  4. Selection of the optimal set of revenue management tools in hotels

    OpenAIRE

    Korzh, Nataliia; Onyshchuk, Natalia

    2017-01-01

    The object of research is the scientific category «revenue management» and its tools, which, with the growth of the number of on-line sales channels of hotel services, become decisive in the struggle for survival. The existence of a large number of profit management tools associated with the online booking regime work as a SmallDat and gives quite scattered information about the state of the market. One of the most problematic areas is the formation of perspective analytics using existing too...

  5. 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

  6. Sistem Supply Chain Crude-Palm-Oil Indonesia dengan Mempertimbangkan Aspek Economical Revenue, Social Welfare dan Environment

    Directory of Open Access Journals (Sweden)

    Kuncoro Harto Widodo

    2010-01-01

    Full Text Available Crude-Palm-Oil (CPO is an agro-industrial commodity which has a strategic value to be developed for Indonesian economy and social welfare. Production and export of Indonesian CPO increase progressively in the view years so that CPO is one of the pre-eminent products of Indonesia. On the other hand, however, they could give two negative impacts. First, a less CPO supply for domestic market as a result of export growing. Second, a worse environment as an effect of the opening new palm plantations. We, therefore, construct and simulate the system model for analyzing the relationships between the components and for describing their behaviour within the supply chain of CPO by using a dynamic model. The result shows that in the next 30 years, the revenue of Indonesian CPO industries tends to increase. The biggest revenue will be achieved in the year 23rd. The maximum addition of plantation employees is in the year 7th as well as in the year 17th. Deforestation would be the highest in the year 7th and 17th in which 2008 as a basic year.

  7. Hospital financial management: what is the link between revenue cycle management, profitability, and not-for-profit hospitals' ability to grow equity?

    Science.gov (United States)

    Singh, Simone Rauscher; Wheeler, John

    2012-01-01

    Effective revenue cycle management--from appointment scheduling and patient registration at the front end of the revenue cycle to billing and cash collections at the back end--plays a crucial role in hospitals' efforts to improve their financial performance. Using data for 1,397 bond-issuing, not-for-profit US hospitals for 2000 to 2007, this study analyzed the relationship between hospitals' performance at managing the revenue cycle and their profitability and ability to build equity capital. Hospital-level fixed effects regression analysis was used to model four different measures of profitability and equity capital as functions of two key financial indicators of revenue cycle management--amount of patient revenue and speed of revenue collection. The results indicated that higher amounts of patient revenue in relation to a hospital's assets were associated with statistically significant increases in operating and total profit margins, free cash flow, and equity capital (p < 0.01 for all four models); that is, hospitals that generated more patient revenue per dollar of assets invested reported improved financial performance. Likewise, a statistically significant link existed between lower revenue collection periods and all four indicators of hospital financial performance (p < 0.01 for three models; p < 0.05 for one model). Hospitals that collected faster on their patient revenue reported higher profit margins and larger equity values. For revenue cycle managers, these findings represent good news: Streamlining a hospital's management of the patient revenue cycle can advance the organization's financial viability by improving profitability and enabling equity growth.

  8. Oil sands tailings management project

    Energy Technology Data Exchange (ETDEWEB)

    Godwalt, C. [Alberta WaterSMART, Calgary, AB (Canada); Kotecha, P. [Suncor Energy Inc, Calgary, AB (Canada); Aumann, C. [Alberta Innovates - Technology Futures, Alberta Governement, AB (Canada)

    2010-11-15

    The Oil sands leadership initiative (OSLI) works with the Government of Alberta on the development of the oil sands industry, considering environmental, economical and social aspects. Water management was identified as one of most important areas to focus on. Alberta WaterSMART was requested to support the development and the management of projects resulting from the work done or underway in this field. The development of a regional water management solution stood out as the most interesting solution to obtain significant results. In the Athabasca Region, oil sands producers work independently on their water sourcing and disposal with particular attention to fresh water conservation and economics. The Athabasca River represents a source for mines and distant saline aquifers are the target of steam assisted gravity drainage (SAGD) operators. As part of a four-phase project aiming to study the environmental and economic footprint (EEF) benefit of alternatives for Athabasca oil sands production water supply and disposal, the purpose of the tailings water management project was to identify tailings treatment technologies that are ready to be implemented, and to design and evaluate solutions in order to improve regional oil sands production water sourcing and disposal. Alternatives were evaluated based on their total EEF, applying a lifecycle assessment methodology with a particular attention on the quantification of important performance indicators. 25 refs., 8 tabs., 40 figs.

  9. Oil sands tailings management project

    International Nuclear Information System (INIS)

    Godwalt, C.; Kotecha, P.; Aumann, C.

    2010-11-01

    The Oil sands leadership initiative (OSLI) works with the Government of Alberta on the development of the oil sands industry, considering environmental, economical and social aspects. Water management was identified as one of most important areas to focus on. Alberta WaterSMART was requested to support the development and the management of projects resulting from the work done or underway in this field. The development of a regional water management solution stood out as the most interesting solution to obtain significant results. In the Athabasca Region, oil sands producers work independently on their water sourcing and disposal with particular attention to fresh water conservation and economics. The Athabasca River represents a source for mines and distant saline aquifers are the target of steam assisted gravity drainage (SAGD) operators. As part of a four-phase project aiming to study the environmental and economic footprint (EEF) benefit of alternatives for Athabasca oil sands production water supply and disposal, the purpose of the tailings water management project was to identify tailings treatment technologies that are ready to be implemented, and to design and evaluate solutions in order to improve regional oil sands production water sourcing and disposal. Alternatives were evaluated based on their total EEF, applying a lifecycle assessment methodology with a particular attention on the quantification of important performance indicators. 25 refs., 8 tabs., 40 figs.

  10. Revenue management for foodstuff production to secure domestic supply in Indonesia

    Science.gov (United States)

    Hisyam, Ibnu

    2017-06-01

    This paper describes the application of revenue management in government services to ensure sufficient domestic supply of food in Indonesia. The use of this approach means that the government runs a specific effort to radically be able to solve the core problem. The resources for domestic food production are owned by more than 26 million families of farmers and more than 4 thousands agricultural companies. To achieve the expected quantity of foodstuff supplies, a special effort needs to take into account the profit for producers in allocating the resources at an appropriate level. With revenue management, the price of foodstuff to ensure adequate domestic supply to a certain level of productivity can be known. In this context, the price may be reduced if there is an increase in productivity. For this purpose, the supply curve and the demand-supply equilibrium of foodstuff have been modeled and specific government programs to increase productivity were formulated. One important finding here is that the macroeconomic policy of the government can be integrated to a microeconomic policy of foodstuff producers for one or more certain objectives.

  11. Managing an oil spill response

    International Nuclear Information System (INIS)

    Merlin, W.F.; Gorell, F.R.

    1994-01-01

    In the oil spill response business everything starts with a plan. When planning is set at only middle and top management levels before being chiseled into corporate marble, the result is all too often a plan for failure. For any chance at success, the plan must make sense to, and solve the problems of, the people at the ''business'' end of the business. In the case of Marine Spill Response Corporation (MSRC), that means highly trained responders are put at sea or along coastlines to remove oil from the water, or to deflect oil away from environmentally sensitive areas. They are fortunate in MSRC, and especially in the Gulf Coast Region, to have on their staff, some of the most knowledgeable and experienced oil spill responders in the world. The company relies on them to help build their plans, and to poke holes wherever their plans are inconsistent with getting the job done right

  12. "Revenue Management" Effects Related to Financial Flows Generated by Climate Policy

    OpenAIRE

    Strand, Jon

    2009-01-01

    This paper discusses possible macroeconomic implications for low-income countries of increased revenue inflows that may follow from implementing certain global greenhouse gas mitigation policies. Such revenue sources include revenue from emissions offset mechanisms, direct investments, and financial transfers that form parts of possible future mitigation treaties. In the short run such rev...

  13. REVENUE FROM EXPORTING OIL, INCOME DISTRIBUTION, AND ECONOMIC PROGRESS IN THE MIDDLE EAST

    Directory of Open Access Journals (Sweden)

    Mehdi MOHAGHEGH

    2009-07-01

    Full Text Available The increases in petrodollars received by oil produ cing countries of the Middle East in the past few years can become a reality again when the wo rld economy recovers from this recession. The access to so much hard currency in the past co uld have potentially impr oved the economies of these nations beyond imagination. Economic de velopment specialists regard reaching some goals such as higher growth rate of real output, less chronic inflation, Improvements in education and healthcare services, greater diversity in the economy and in exports, greater equality in the distribution of income, and lower unemployment rate as indication of economic progress or socio –economic improvements in a developing country. The purpose of this paper is to evaluate the relative success of the Oil-Produc ing Countries of the Middle East in achieving the above socio- economic goals within the context of huge inflows of petrodollars into their countries every year. Through analysis of data from the region the author of this paper has obtained convincing evidence in support of the view that the oil-exporting nations have, for the most part, wasted the abundant and extremely valuable foreign curr encies that they have received every year for the past several decades.

  14. Accounting principles, revenue recognition, and the profitability of pharmacy benefit managers.

    Science.gov (United States)

    McLean, Robert A; Garis, Robert I

    2005-03-01

    To contrast pharmacy benefit management (PBM) companies' measured profitability by using two accounting standards. The first accounting standard is that which, under Generally Accepted Accounting Principles (GAAP), PBMs are currently allowed to employ. The second accounting standard, seemingly more congruent with the PBM business model, treats the PBM as an agent of the plan sponsor. Financial Accounting Standards Board (FASB) Emerging Issues Task Force Issue 99-19, U.S. Securities and Exchange 10-K filings and financial accounting literature. Under GAAP record keeping, the PBM industry profitability appears modest. Using currently applied GAAP, the PBM treats all payment from the plan sponsor as revenue and all payment to the pharmacy as revenue. However, the PBM functions, in practice, as an entity that passes-through money collected from one party (the sponsor) to other parties (dispensing pharmacies). Therefore, it would seem that the nature of PBM cash flows would be more accurately recorded as a pass-through entity. When the PBM is evaluated using an accounting method that recognizes the pass-through nature of its business, the PBM profit margin increases dramatically. Current GAAP standards make traditional financial statement analysis of PBMs unrevealing, and may hide genuinely outstanding financial performance. Investors, regulators, pharmacies, and the FASB all have an interest in moving to clarify this accounting anomaly.

  15. Increased Use of Care Management Processes and Expanded Health Information Technology Functions by Practice Ownership and Medicaid Revenue.

    Science.gov (United States)

    Rodriguez, Hector P; McClellan, Sean R; Bibi, Salma; Casalino, Lawrence P; Ramsay, Patricia P; Shortell, Stephen M

    2016-06-01

    Practice ownership and Medicaid revenue may affect the use of care management processes (CMPs) for chronic conditions and expansion of health information technology (HIT). Using a national cohort of medical practices, we compared the use of CMPs and HIT from 2006/2008 to 2013 by practice ownership and level of Medicaid revenue. Poisson regression models estimated changes in CMP use, and linear regression estimated changes in HIT, by practice ownership and Medicaid patient revenue, controlling for other practice characteristics. Compared with physician-owned practices, system-owned practices adopted a greater number of CMPs and HIT functions over time (p < .001). High Medicaid revenue (≥30.0%) was associated with less adoption of CMPs (p < .001) and HIT (p < .01). System-owned practices (p < .001) and community health centers (p < .001) with high Medicaid revenue were more likely than physician-owned practices with high Medicaid revenue to adopt CMPs over time. System and community health center ownership appear to help high Medicaid practices overcome CMP adoption constraints. © The Author(s) 2015.

  16. revenue management–sales relationship

    OpenAIRE

    Noone, B. M; Hultberg, T.

    2011-01-01

    Revenue management and sales staffs collaborate substantially in making decisions regarding rate setting, accepting group business, and forecasting. However, according to a survey of 82 sales and revenue management executives at three hotel chains (47 revenue managers and 35 sales executives), hotels could foster even better coordination between revenue management and sales by educating each group regarding the other group’s responsibilities. This might reduce sales staff frustrations about t...

  17. Electric sales and revenue 1991

    International Nuclear Information System (INIS)

    1993-04-01

    The Electric Sales and Revenue is prepared by the Survey Management Division, Office of Coal, Nuclear, Electric and Alternate Fuels; Energy Information Administration (EIA); US Department of Energy. This publication provides information about sales of electricity, its associated revenue, and the average revenue per kilowatthour sold to residential, commercial, industrial, and other consumers throughout the United States. Previous publications presented data on typical electric bills at specified consumption levels as well as sales, revenue, and average revenue. The sales of electricity, associated revenue, and average revenue per kilowatthour provided in this report are presented at the national, Census division, State, and electric utility levels

  18. Examination of Ghana's oil sector: need for a new paradigm of oil ...

    African Journals Online (AJOL)

    The objective of this research paper is to address the issue of oil revenue management in Ghana for sustainable socio-economic development, as a model for emerging oil producing nations in West Africa. To meet its objectives, the research was designed to answer some questions pertaining to oil revenue management.

  19. Managing Mexican Oil: Politics or Economics?

    Directory of Open Access Journals (Sweden)

    Alicia Puyana Mutis

    2008-07-01

    Full Text Available During decades the policies towards oil and energy implemented in Mexico have resulted in the de pletion of reserves, the explosion of debt of Pemex (90 per cent of its capital, and the dramatic petrolization of the total fiscal revenue. High prices, the war on terror and political instability in oil rich regions have reinforced usA policy of "energy security" and the interest in the creation of the Common Market on Energy, as the way to strengthen the TLCAN. To respond to these two forces Mexico will have to reform its traditional oil policy. All possible options: to reduce the fiscal burden upon Pemex or to open to private investments the exploration of oil have excruciating political costs, which no government has shown the will to confront.

  20. Revisiting the relevance of economic theory to hotel revenue management education and practice in the era of Big Data

    OpenAIRE

    Haynes, Natalie; Egan, David

    2017-01-01

    Abstract\\ud This paper explores the role of economics in hospitality education and industry practice, with a particular focus on revenue management, and puts forward an argument for a return to the inclusion of economic theory in UK hospitality education, not seen since the 1990s. Given the increasing amounts of pricing data available to both managers and customers and the consequent market complexities now seen, developing economic literacy is demonstrated to be a crucial skill required for ...

  1. Managing and Harnessing Volatile Oil Windfalls

    NARCIS (Netherlands)

    van den Bremer, T.S.; van der Ploeg, F.

    2013-01-01

    Three funds are necessary to manage an oil windfall: intergenerational, liquidity, and investment funds. The optimal liquidity fund is bigger if the windfall lasts longer and oil price volatility, prudence, and the GDP share of oil rents are high and productivity growth is low. The paper applies the

  2. Resource revenues report

    International Nuclear Information System (INIS)

    2004-01-01

    Preliminary forecasts of resource revenues that may be forthcoming with the lifting of the moratorium on the west coast of British Columbia were presented. The forecasts are based on the development scenarios of one natural gas project in the Hecate Strait, and one oil project in the Queen Charlotte Sound. Both projects were assessed in an effort to demonstrate some of the potential resource revenues and public benefits that may be possible from offshore development in the province. Resource revenues provide the return-on-investments to the resource developer and public benefits in the form of taxes, royalties, lease payments and related fees to all levels of governments. Much of the revenues generated from the British Columbia offshore oil and gas development will accrue as income taxes. A public energy trust offers a way to transform non-renewable resource revenues into a renewable source of wealth for citizens of the province. The report presents estimates of project investment, pipeline capacity limitation, operating costs for offshore platforms, and earnings. It was estimated that about $2.0 billion in public benefits would be generated from combined project revenues of $6.9 billion. Information was obtained from offshore leaseholders as well as pipeline and engineering companies. refs., tabs., figs

  3. Electric sales and revenue, 1990

    International Nuclear Information System (INIS)

    1992-01-01

    The Electric Sales and Revenue is prepared by the Survey Management Division, Office of Coal, Nuclear, Electric and Alternate Fuels; Energy Information Administration (EIA); US Department of Energy. This publication provides information about sales of electricity, its associated revenue, and the average revenue per kilowatthour sold to residential, commercial, industrial, and other consumers throughout the United States. Previous publications presented data on typical electric bills at specified consumption levels as well as sales, revenues, and average revenue. The sales, revenue, and average revenue per kilowatthour provided in the Electric Sales and Revenue are based on annual data reported by electric utilities for the calendar year ending December 31, 1990. The electric revenue reported by each electric utility includes the revenue billed for the amount of kilowatthours sold, revenue from income, unemployment and other State and local taxes, energy or demand charges, consumer services charges, environmental surcharges, franchise fees, fuel adjustments, and other miscellaneous charges. Average revenue per kilowatthour is defined as the cost per unit of electricity sold and is calculated by dividing retail sales into the associated electric revenue. The sales of electricity, associated revenue, and average revenue per kilowatthour provided in this report are presented at the national, Census division, State, and electric utility levels

  4. IMPACTO DEL REVENUE MANAGEMENT EN LOS SISTEMAS DE CONTROL DE GESTIÓN

    Directory of Open Access Journals (Sweden)

    EMMA CASTELLÓ TALIANI

    2016-01-01

    Full Text Available El Revenue Management (RM tiene por objeto prever la demanda de productos o servicios de la manera más precisa posible, a fin de poder establecer y adaptar las decisiones de precio y disponi - bilidad de productos, en los diferentes canales de venta, y maximizar la rentabilidad. El RM trata de maximizar el ingreso que puede alcanzar una empresa con una capacidad fija de fabricación de un producto o de prestación de un servicio; así, el objetivo es tratar de destinar la capacidad a aquellos clientes que aportan más valor a la empresa, asignándoles la capacidad adecuada. En este marco de actuación se suele aludir, constantemente, a la necesidad de generar un resultado, o alcanzar una rentabilidad, sin embargo a estos efectos sólo se toman en consideración los costes variables, y en menor medida los costes fijos, lo que nos lleva a plantear la cuestión ¿qué impacto tiene el método de cálculo de costes en los procesos de gestión de ingresos? Esta es la cuestión que confor - ma el objetivo del presente artículo, al identificar cuáles son las interrelaciones que existen entre la contabilidad de gestión y el RM, dado que ambas perspectivas son complementarias en el logro de un objetivo común, como es buscar la mayor eficiencia y efectividad económica de las operaciones desarrolladas por cualquier empresa.

  5. Beyond customer perception of price discrimination: A consumer behavior analysis and its implications on aviation revenue management

    OpenAIRE

    Kusch, Katharina

    2016-01-01

    The purpose of this paper is to assess consumer behavior in the airline industry from a perspective beyond the effects of price discrimination. First the consequences of dynamic pricing will be assessed before looking at the role of social media and offline social influences, consumer satisfaction and airline equilibrium networks and their effects on consumer loyalty. Final implications on aviation revenue management will be drawn.

  6. Gas revenue increasingly significant

    International Nuclear Information System (INIS)

    Megill, R.E.

    1991-01-01

    This paper briefly describes the wellhead prices of natural gas compared to crude oil over the past 70 years. Although natural gas prices have never reached price parity with crude oil, the relative value of a gas BTU has been increasing. It is one of the reasons that the total amount of money coming from natural gas wells is becoming more significant. From 1920 to 1955 the revenue at the wellhead for natural gas was only about 10% of the money received by producers. Most of the money needed for exploration, development, and production came from crude oil. At present, however, over 40% of the money from the upstream portion of the petroleum industry is from natural gas. As a result, in a few short years natural gas may become 50% of the money revenues generated from wellhead production facilities

  7. 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)

  8. 40 CFR 279.54 - Used oil management.

    Science.gov (United States)

    2010-07-01

    ... the requirements of this subpart. (a) Management units. Used oil processors/re-refiners may not store... 40 Protection of Environment 26 2010-07-01 2010-07-01 false Used oil management. 279.54 Section...) STANDARDS FOR THE MANAGEMENT OF USED OIL Standards for Used Oil Processors and Re-Refiners § 279.54 Used oil...

  9. Electric sales and revenue: 1993

    Energy Technology Data Exchange (ETDEWEB)

    1995-01-01

    The Electric Sales and Revenue is prepared by the Survey Management Division, Office of Coal, Nuclear, Electric and Alternate Fuels; Energy Information Administration (EIA); US Department of Energy. This publication provides information about sales of electricity, its associated revenue, and the average revenue per kilowatthour sold to residential, commercial, industrial, and other consumers throughout the United States. The sales, revenue, and average revenue per kilowatthour data provided in the Electric Sales and Revenue are based on annual data reported by electric utilities for the calendar year ending December 31, 1993. Operating revenue includes energy charges, demand charges, consumer service charges, environmental surcharges, fuel adjustments, and other miscellaneous charges. The revenue does not include taxes, such as sales and excise taxes, that are assessed on the consumer and collected through the utility. Average revenue per kilowatthour is defined as the cost per unit of electricity sold and is calculated by dividing retail sales into the associated electric revenue. Because electric rates vary based on energy usage, average revenue per kilowatthour are affected by changes in the volume of sales. The sales of electricity, associated revenue, and average revenue per kilowatthour data provided in this report are presented at the national, Census division, State, and electric utility levels.

  10. Retaining customers in a managed care market. Hospitals must understand the connection between patient satisfaction, loyalty, retention, and revenue.

    Science.gov (United States)

    Gemme, E M

    1997-01-01

    Traditionally, health care patients have been treated by health care professionals as people with needs rather than as customers with options. Although managed care has restricted patient choice, choice has not been eliminated. The premise of this article is that patients are primary health care consumers. Adopting such a premise and developing an active customer retention program can help health care organizations change their culture for the better, which may lead to higher customer retention levels and increased revenues. Customer retention programs based on service excellence that empower employees to provide excellent care can eventually lead to a larger market share for health care organizations trying to survive this era of intense competition.

  11. Gestión de precios en un sistema de Revenue Management hotelero en línea

    Directory of Open Access Journals (Sweden)

    Lluís Prats Planagumà

    2012-10-01

    Full Text Available The computerization of the Revenue Management (RM systems in the tourism industry has increased in recent years, as well as their uses in tourism companies. Moreover, these systems turned into the on-line management. Although the hotel sector seems to drive a slower speed of implementation of these systems than other sectors like the aerial or the maritime, the applications of RM applied to the hotel sector tend to fulfill three basic premises, 1 not being standard and with a self-made structure, 2 that can applicable to all kind of hotels and even to other systems of accommodation, and 3 that can be used for the on-line price establishment. Due to this the main aim of this paper is based on developing a system of pricing management that fulfils these basic premises.

  12. Oil price risk management in the 1990s - issues for producers and lenders

    International Nuclear Information System (INIS)

    Lambert, S.

    1994-01-01

    Oil prices have exhibited considerable volatility over the past five or ten years and the management of oil price risk has become an important factor in underpinning the viability of many oil producing operations from both a lender's and investor's perspective. Various oil based hedging products are now available to protect against such volatility, ranging from products which fix forward prices to option based arrangements which set a floor price but retain some (or all) of the potential upside. These products have particular relevance for petroleum companies with limited financial resources or who are looking to limit recourse to particular assets/cash flows. There are a number of techniques which can be successfully combined to mitigate oil price volatility and the most relevant of these to a producer are discussed. The recent development of the Tapis swap and option markets, which have provided flexibility to Australasian producers, is also discussed. Oil based financial products can also be used as a method of funding (e.g. for a development or acquisition) as an alternative to traditional cash based borrowing structures, thus creating a natural hedge against oil price movements. It is estimated that the use of such structures, coupled with a well structured revenue hedging program, can enhance a project's attractiveness from a lender's perspective (particularly with respect to protection against down side movements in oil price) and/or provide greater certainty of returns to producers. A case study of a recent commodity risk management based financing is presented. 1 fig., 6 tabs

  13. Designing an oil spill information management system

    International Nuclear Information System (INIS)

    Douligeris, C.; Collins, J.; Iakovou, E.; Sun, P.; Riggs, K.R.

    1995-01-01

    This paper presents the architectural design of OSIMS, an Oil Spill Information Management System, which is an integrated information management tool that consists of an object-relational database management system, an adaptive decision support system, an advanced visualization system (AVS) and a geographic information system (GIS). OSIMS will handle large and diverse databases of environmental, ecological, geographical, engineering, and regulatory information and will be used for risk analysis and contingency planning

  14. Designing an oil spill information management system

    Energy Technology Data Exchange (ETDEWEB)

    Douligeris, C.; Collins, J.; Iakovou, E.; Sun, P.; Riggs, K.R. [Univ. of Miami, Coral Gables, FL (United States)

    1995-12-31

    This paper presents the architectural design of OSIMS, an Oil Spill Information Management System, which is an integrated information management tool that consists of an object-relational database management system, an adaptive decision support system, an advanced visualization system (AVS) and a geographic information system (GIS). OSIMS will handle large and diverse databases of environmental, ecological, geographical, engineering, and regulatory information and will be used for risk analysis and contingency planning.

  15. Innovative technologies for managing oil field waste

    International Nuclear Information System (INIS)

    Veil, J.A.

    2003-01-01

    Each year, the oil industry generates millions of barrels of wastes that need to be properly managed. For many years, most oil field wastes were disposed of at a significant cost. However, over the past decade, the industry has developed many processes and technologies to minimize the generation of wastes and to more safely and economically dispose of the waste that is generated. Many companies follow a three-tiered waste management approach. First, companies try to minimize waste generation when possible. Next, they try to find ways to reuse or recycle the wastes that are generated. Finally, the wastes that cannot be reused or recycled must be disposed of. Argonne National Laboratory (Argonne) has evaluated the feasibility of various oil field waste management technologies for the U.S. Department of Energy. This paper describes four of the technologies Argonne has reviewed. In the area of waste minimization, the industry has developed synthetic-based drilling muds (SBMs) that have the desired drilling properties of oil-based muds without the accompanying adverse environmental impacts. Use of SBMs avoids significant air pollution from work boats hauling offshore cuttings to shore for disposal and provides more efficient drilling than can be achieved with water-based muds. Downhole oil/water separators have been developed to separate produced water from oil at the bottom of wells. The produced water is directly injected to an underground formation without ever being lifted to the surface, thereby avoiding potential for groundwater or soil contamination. In the area of reuse/recycle, Argonne has worked with Southeastern Louisiana University and industry to develop a process to use treated drill cuttings to restore wetlands in coastal Louisiana. Finally, in an example of treatment and disposal, Argonne has conducted a series of four baseline studies to characterize the use of salt caverns for safe and economic disposal of oil field wastes.

  16. THE CHALLENGES OF RAISING REVENUES AND RESTRUCTURING SUBSIDIES IN MALAYSIA

    Directory of Open Access Journals (Sweden)

    Suresh Narayanan

    2007-01-01

    Full Text Available Malaysia has run deficit budgets in all but five years since 1970 but past deficits have been managed thanks to substantial oil revenues and high domestic savings. However, the slow growth or decline of several traditional sources of revenue and the rising subsidy bill since 2007 have given pause for reflection on the traditional approach to fiscal management. In this paper, it is argued that fiscal management must not only centre around reducing non-productive expenditures and wasteful leakages but must also confront the problem of reducing and restructuring subsidies, particularly to petrol and petroleum-related products. The global dip in petroleum process has fortuitously provided the respite needed for such an exercise and should not lull policy makersinto complacency. When the economy recovers from the currentdownswing, a solid revenue raising instrument such as the value-addedtax must be introduced in order to wean the economy away from thecurrent over reliance on petroleum-based taxes.

  17. Revenue Management in Make-To-Order Manufacturing: Case Study of Capacity Control at ThyssenKrupp VDM

    Directory of Open Access Journals (Sweden)

    André Hintsches

    2010-10-01

    Full Text Available While revenue management (RM is traditionally considered a tool of service operations, RM shows considerable potential for application in manufacturing operations. The typical challenges in make-to-order manufacturing are fixed manufacturing capacities and a great variety in offered products, going along with pronounced fluctuations in demand and profitability. Since Harris and Pinder in the mid-90s, numerous papers have furthered the understanding of RM theory in this environment. Nevertheless, results to be expected from applying the developed methods to a practical industry setting have yet to be reported. To this end, this paper investigates a possible application of RM at ThyssenKrupp VDM, leading to considerable improvements in several areas.

  18. The Effects of Applying Revenue Management on Customer Satisfaction in Airline Industry: An Experimental Study in Indonesia

    Directory of Open Access Journals (Sweden)

    Rambat Lupiyoadi

    2014-06-01

    Full Text Available This research mainly discusses about the effects of applying revenue management, specifically in the contexts of inventory control (variation in ticket prices for the same flight and class and denied boarding (permissibility of reservations exceeding carrying capacity as a hedging practice over the possibility of tickets cancellation on the customers’ satisfaction toward airlines in Indonesia. Ex- perimental method was applied on the research, involving students from University of Indonesia as participants. The results showed that inventory control policy partly affected customer satisfaction, while the denied boarding policy fully affected their satisfaction. These research findings can con- tribute to further studies on consumers’ behaviour in dynamic airlines industry, mainly in emerging markets such as Indonesia.

  19. Estimation of the oil and gas sector participation of tax revenues in Brazil: 1996-2005; Estimativa da participacao do setor de petroleo e gas na arrecadacao tributaria brasileira: 1996-2005

    Energy Technology Data Exchange (ETDEWEB)

    Canelas, Andre [Agencia Nacional do Petroleo, Gas Natural e Biocombustiveis (ANP), Rio de Janeiro, RJ (Brazil)], e-mail: acanelas@anp.gov.br

    2008-07-01

    The aim of this paper is to estimate the contribution of the oil and gas sector to the total amount of tax revenues in Brazil. Such an estimate is relevant due to the continuous increase of the economic importance of this sector in Brazil, which has been observed in the most recent years. (author)

  20. Technology management for heavy oil

    International Nuclear Information System (INIS)

    Kerr, R.

    1994-01-01

    The framework for investment in research and development (R ampersand D) at a medium-sized Canadian petroleum company is described. The importance of R ampersand D is illustrated by a graph showing the strong positive correlation between R ampersand D intensity and sales for companies in the mainstream oil and gas sector in the USA. Strong R ampersand D efforts also help to maintain market share and enhance corporate ability to transfer technology into its operations. Three ways of structuring, developing, and transferring technology are outlined: using in-house R ampersand D facilities, which is too costly for medium-sized firms; having a central group responsible for funding third-party R ampersand D, transferring technology into the company, and being aware of technology activities within and outside the company; and complete decentralizing of R ampersand D, in which operations decides how, when, and what to spend on R ampersand D. For the medium-sized company, the second option is considered the best choice. Essential R ampersand D administration practices for such a company are reviewed, including corporate support, an updated technology strategy, central funding with a separate budget from operations, a portfolio of R ampersand D projects and ideas, collaboration with other organizations, and effective communication of R ampersand D activity and results to the company. At the company studied, Wascana Energy, R ampersand D is being focused on three priority areas: production technology, enhanced recovery, and heavy oil upgrading. It is estimated that the monetary benefits of R ampersand D in these three areas could be as much as $100 million. The evaluation of R ampersand D performance is then discussed and critical factors for R ampersand D success are listed. 3 figs., 1 tab

  1. The effect of oil revenues instability on the oil-based and labor-exporting economies: The case of the Arab region

    International Nuclear Information System (INIS)

    Al-Abbasi, M.A.

    1991-01-01

    The changes in the trend of the oil-export earnings in the oil-based economics not only affected the growth of the domestic economics not only affected the growth of the domestic economies but influenced the economic activities in the neighboring labor-exporting economies. This study investigates and tests the hypothesis that uncertainty associated with fluctuations in oil-export earnings affect adversely the economic growth in the oil-based economies of the Middle East. In addition, it seeks to examine the hypothesis that the impact of such fluctuations has been transmitted to the neighboring labor-exporting economies, during the period 1970-1986. Results show that oil-export instability does indeed create a wave of fluctuations in the domestic economic activity of the oil-based economies through the negative effect on investment, government spending, and domestic output. For the labor-exporting economies, results suggest that the flow of workers' remittances have had a positive impact on investment and income growth. Results also indicate that the rate of economic growth in the oil-based economies sets a broad limit on the range of feasible growth in the labor-exporting economies

  2. The Effect of Forest Management Strategy on Carbon Storage and Revenue in Western Washington: A Probabilistic Simulation of Tradeoffs.

    Science.gov (United States)

    Fischer, Paul W; Cullen, Alison C; Ettl, Gregory J

    2017-01-01

    The objectives of this study are to understand tradeoffs between forest carbon and timber values, and evaluate the impact of uncertainty in improved forest management (IFM) carbon offset projects to improve forest management decisions. The study uses probabilistic simulation of uncertainty in financial risk for three management scenarios (clearcutting in 45- and 65-year rotations and no harvest) under three carbon price schemes (historic voluntary market prices, cap and trade, and carbon prices set to equal net present value (NPV) from timber-oriented management). Uncertainty is modeled for value and amount of carbon credits and wood products, the accuracy of forest growth model forecasts, and four other variables relevant to American Carbon Registry methodology. Calculations use forest inventory data from a 1,740 ha forest in western Washington State, using the Forest Vegetation Simulator (FVS) growth model. Sensitivity analysis shows that FVS model uncertainty contributes more than 70% to overall NPV variance, followed in importance by variability in inventory sample (3-14%), and short-term prices for timber products (8%), while variability in carbon credit price has little influence (1.1%). At regional average land-holding costs, a no-harvest management scenario would become revenue-positive at a carbon credit break-point price of $14.17/Mg carbon dioxide equivalent (CO 2 e). IFM carbon projects are associated with a greater chance of both large payouts and large losses to landowners. These results inform policymakers and forest owners of the carbon credit price necessary for IFM approaches to equal or better the business-as-usual strategy, while highlighting the magnitude of financial risk and reward through probabilistic simulation. © 2016 Society for Risk Analysis.

  3. Combustive management of oil spills

    International Nuclear Information System (INIS)

    1992-01-01

    Extensive experiments with in situ incineration were performed on a desert site at the University of Arizona with very striking results. The largest incinerator, 6 feet in diameter with a 30 foot chimney, developed combustion temperatures of 3000, F, and attendant soot production approximately 1000 times less than that produced by conventional in situ burning. This soot production, in fact, is approximately 30 times less than current allowable EPA standards for incinerators and internal combustion engines. Furthermore, as a consequence of the high temperature combustion, the bum rate was established at a very high 3400 gallons per hour for this particular 6 foot diameter structure. The rudimentary design studies we have carried out relative to a seagoing 8 foot diameter incinerator have predicted that a continuous burn rate of 7000 gallons per hour is realistic. This structure was taken as a basis for operational design because it is compatible with C130 flyability, and will be inexpensive enough ($120,000 per copy) to be stored at those seaside depots throughout the US coast line in which the requisite ancillary equipments (booms, service tugs, etc.) are already deployed. The LOX experiments verified our expectations with respect to combustion of debris and various highly weathered or emulsified oils. We have concluded, however, that the use of liquid oxygen in actual beach clean up is not promising because the very high temperatures associated with this combustion are almost certain to produce environmentally deleterious effects on the beach surface and its immediately sublying structures. However, the use of liquid oxygen augmentation for shore based and flyable incinerators may still play an important role in handing the problem of accumulated debris

  4. Mineral revenues

    International Nuclear Information System (INIS)

    1991-02-01

    This paper reports that the Interior Department's offshore oil and gas leasing program issued 123 leases offshore Florida, North Carolina, and Alaska between 1981 and 1988 that have since been suspended before exploration or development could begin. The suspensions were imposed on the basis of environmental concerns. Companies holding the leases paid a total of $507.8 million upfront for the leases and another $9.9 million in annual rent fees. GAO estimated the cost to the federal government of buying back the leases at between $889.4 million and $970.7 million for the 123 leases in bonuses, rents, and interests owed the companies, plus an additional $42.5 million the companies have spent on the leases. Thus, as of December 31, 1990, under the sunk cost approach, the government could be required to reimburse the lessees for about $1 billion

  5. Electric sales and revenue 1992, April 1994

    Energy Technology Data Exchange (ETDEWEB)

    1994-04-20

    The Electric Sales and Revenue is prepared by the Survey Management Division, Office of Coal, Nuclear, Electric and Alternate Fuels; Energy Information Administration (EIA); US Department of Energy. This publication provides information about sales of electricity, its associated revenue, and the average revenue per kilowatthour sold to residential, commercial, industrial, and other consumers throughout the United States. The sales, revenue, and average revenue per kilowatthour provided in the Electric Sales and Revenue are based on annual data reported by electric utilities for the calendar year ending December 31, 1992. The electric revenue reported by each electric utility includes the applicable revenue from kilowatthours sold; revenue from income; unemployment and other State and local taxes; energy, demand, and consumer service charges; environmental surcharges; franchise fees; fuel adjustments; and other miscellaneous charges. The revenue does not include taxes, such as sales and excise taxes, that are assessed on the consumer and collected through the utility. Average revenue per kilowatthour is defined as the cost per unit of electricity sold and is calculated by dividing retail sales into the associated electric revenue. The sales of electricity, associated revenue, and average revenue per kilowatthour provided in this report are presented at the national, Census division, State, and electric utility levels.

  6. Electric sales and revenue 1992, April 1994

    International Nuclear Information System (INIS)

    1994-01-01

    The Electric Sales and Revenue is prepared by the Survey Management Division, Office of Coal, Nuclear, Electric and Alternate Fuels; Energy Information Administration (EIA); US Department of Energy. This publication provides information about sales of electricity, its associated revenue, and the average revenue per kilowatthour sold to residential, commercial, industrial, and other consumers throughout the United States. The sales, revenue, and average revenue per kilowatthour provided in the Electric Sales and Revenue are based on annual data reported by electric utilities for the calendar year ending December 31, 1992. The electric revenue reported by each electric utility includes the applicable revenue from kilowatthours sold; revenue from income; unemployment and other State and local taxes; energy, demand, and consumer service charges; environmental surcharges; franchise fees; fuel adjustments; and other miscellaneous charges. The revenue does not include taxes, such as sales and excise taxes, that are assessed on the consumer and collected through the utility. Average revenue per kilowatthour is defined as the cost per unit of electricity sold and is calculated by dividing retail sales into the associated electric revenue. The sales of electricity, associated revenue, and average revenue per kilowatthour provided in this report are presented at the national, Census division, State, and electric utility levels

  7. Managing public support during oil spills

    International Nuclear Information System (INIS)

    Zuidinga, K.; Boston, N.; Robertson, I.

    1990-01-01

    Too often oil spill contingency plans ignore and responders overlook the problem of managing auxiliary support, that is volunteers. These may consists of Native Bands, environmental organizations, community groups and the public in general. The consequences of not managing or poorly managing public support for the response effort is an increasingly frustrated public which begins to coordinate their own response efforts, proceeding without training or supervision. such a response can pose a threat to individuals as well as to the clean-up effort in general. Preparation and effective communication, particularly with the news media are key elements in successfully managing public support. In this paper the issues to be addressed are: coordination (mobilization, assignments), safety and insurance, equipment and clothing, fatigue and stress, food and shelter, training, public information including information about potential hazards, and public expectations of response efficiency

  8. Oil production and water management in Oman

    International Nuclear Information System (INIS)

    Parker, D.H.; Kuijvenhoven, C.A.T.; Waterland, R.D.; Smies, M.

    1991-01-01

    This paper describes the development of integrated (production) water management in Petroleum Development Oman. In its existing oil fields the water cut is rising rapidly and water production is expected to increase two to three times in the next 15 years. Re-injection of production water will continue to account for less than half of the volume of co-produced water. Current subsurface disposal of production water to shallow Tertiary formations is based on thorough knowledge of the local hydrogeology and does not affect potable water resources. However, in view of the expected increase in production water volume, utilization and disposal options have been re-evaluated. This review has been facilitated by recently acquired data on production water quality and by the results of research in dehydration and de-oiling technologies and of tests with production chemicals. The combined knowledge base is used to arrive at water management strategies for individual oil fields that are sound both in principle and in practice

  9. Risk management of Norwegian oil production; Risikostyring av norsk oljeproduksjon

    Energy Technology Data Exchange (ETDEWEB)

    Kloegetvedt, Bjoern

    1998-07-01

    The items discussed in this presentation are: (1) Oil price chronology, (2) Market structure - Forward prices, (3) Volatility in oil prices, (4) Sales strategies and price fixing, (5) Development of ''Risk Management'' in the oil trading, (6) Oil products and markets, (7) Management of risk exposure, (8) Strong points and weak points of the norm price system, (9) Comparison with UK.

  10. A Mixed Integer Efficient Global Optimization Framework: Applied to the Simultaneous Aircraft Design, Airline Allocation and Revenue Management Problem

    Science.gov (United States)

    Roy, Satadru

    Traditional approaches to design and optimize a new system, often, use a system-centric objective and do not take into consideration how the operator will use this new system alongside of other existing systems. This "hand-off" between the design of the new system and how the new system operates alongside other systems might lead to a sub-optimal performance with respect to the operator-level objective. In other words, the system that is optimal for its system-level objective might not be best for the system-of-systems level objective of the operator. Among the few available references that describe attempts to address this hand-off, most follow an MDO-motivated subspace decomposition approach of first designing a very good system and then provide this system to the operator who decides the best way to use this new system along with the existing systems. The motivating example in this dissertation presents one such similar problem that includes aircraft design, airline operations and revenue management "subspaces". The research here develops an approach that could simultaneously solve these subspaces posed as a monolithic optimization problem. The monolithic approach makes the problem a Mixed Integer/Discrete Non-Linear Programming (MINLP/MDNLP) problem, which are extremely difficult to solve. The presence of expensive, sophisticated engineering analyses further aggravate the problem. To tackle this challenge problem, the work here presents a new optimization framework that simultaneously solves the subspaces to capture the "synergism" in the problem that the previous decomposition approaches may not have exploited, addresses mixed-integer/discrete type design variables in an efficient manner, and accounts for computationally expensive analysis tools. The framework combines concepts from efficient global optimization, Kriging partial least squares, and gradient-based optimization. This approach then demonstrates its ability to solve an 11 route airline network

  11. Risk management and oil trading contracts

    International Nuclear Information System (INIS)

    Sas, B.

    1992-01-01

    The oil market provides an excellent case study for an analysis of the commodity trading risks and the development of contractual instruments and market structures to meet these risks. The paper identifies the main risks, namely performance, credit/payment, price, regulatory, fiscal, and ''trading'' risk. A conceptual framework provides the basis to trace the evolution of the risk management instruments from relational (e.g. long-term), through ''transactional'' (e.g. spot and forwards) to ''institutional'' (e.g. futures and options) and finally ''pricing'' (e.g. swaps and trigger pricing) contracts. (author)

  12. Waste oil management at the Oak Ridge National Laboratory

    International Nuclear Information System (INIS)

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

    1980-01-01

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

  13. Oil field management, evolution and perspective

    International Nuclear Information System (INIS)

    Castro, Guilherme T.; Palagi, Cesar L.; Morooka, Celso K.

    2000-01-01

    After a commercial discovery of a petroleum field, the exploitation activities should be conducted in an way that maximize the objectives expected to this new field. This exploitation process have been experiencing a great evolution in almost all of the petroleum companies, where the organizational structure changed from a pure functional model with emphasis just in reservoir engineering, to a model based in assets and multidisciplinary teams.Many authors in the literature had already defined Reservoir Management, but this paper is giving an additional contribution defining as Asset Management this new model, that have been consolidated and implemented in the majority of the oil companies since late 80s. Based in a large bibliography study, this paper analyzes the technical evolution, the experience obtained through the best cases and mistakes, and concludes suggesting a new model based on the best success examples listed in the literature. (author)

  14. Nevada state revenues analysis

    International Nuclear Information System (INIS)

    1988-06-01

    This report analyzes the major sources of revenue to the Nevada State General Fund for purposes of estimating impacts associated with the siting of a nuclear waste repository at Yucca Mountain in Nye County, Nevada. Each major revenue source is analyzed to identify relationships among the economic or demographic base, the revenue base, and the revenues generated. Trends and changes in the rates and/or base are highlighted. A model is developed for each revenue source to allow impact estimation

  15. Jackson Revenue Budget

    Data.gov (United States)

    City of Jackson, Mississippi — This dataset shows the City of Jackson's FY2017 revenue budget, revenue collected to date, and the balance remaining to be collected. The data can be broken down by...

  16. Why Revenue Diversification Matters

    Science.gov (United States)

    Leuhusen, Fredrik Carl Axel Peter

    2017-01-01

    Revenue diversification is a term that becomes more relevant as higher education institutions are confronted with increased regulation, competition, declining enrollments, and strained finances. A challenge that many institutions face is that expenditures are higher than revenues and increase faster than them. The term Revenue diversification…

  17. Smoke and mirrors: used oil management policy in Ontario

    International Nuclear Information System (INIS)

    Valiante, U.

    1997-01-01

    The burning of used oil for space heating is a practice that has been increasing since 1992 when the waste fuel regulation was amended to give northern generators without access to used oil collection an option for managing their used oil. In 1996, about 10 million litres of used oil was burned in Ontario at over 600 locations, in garages, automotive repair facilities, industrial locations and greenhouses. The modified space heaters that burn used motor oils operate without pollution controls. In addition to emissions associated with pollution from uncontrolled combustion, used oil fired space heaters burn what should be a reusable commodity that is high in value added chemical and energy content. A comparison of emissions in grams per 1000 hours of use of a used oil heater and a natural gas heater was presented. It was suggested that as the preferred environmental strategy, the Ontario government should encourage used oil collectors and re-refiners to make used oil management convenient, accessible, and cost-effective in order to protect the health of communities in which used oil is generated

  18. Six sigma for revenue retrieval.

    Science.gov (United States)

    Plonien, Cynthia

    2013-01-01

    Deficiencies in revenue retrieval due to failures in obtaining charges have contributed to a negative bottom line for numerous hospitals. Improving documentation practices through a Six Sigma process improvement initiative can minimize opportunities for errors through reviews and instill structure for compliance and consistency. Commitment to the Six Sigma principles with continuous monitoring of outcomes and constant communication of results to departments, management, and payers is a strong approach to reducing the financial impact of denials on an organization's revenues and expenses. Using Six Sigma tools can help improve the organization's financial performance not only for today, but also for health care's uncertain future.

  19. Achieving Revenue Benchmarks Conditional on Growth Properties

    Directory of Open Access Journals (Sweden)

    Dong Hyun Son

    2017-05-01

    Full Text Available This study examines whether certain firm characteristics, specifically growth properties, are associated with the likelihood of achieving market expectations for revenues, as well as which mechanism (revenue manipulation or expectation management growth firms utilize in order to avoid missing these expectations. The results show that growth firms are more likely to meet or exceed analyst revenue forecasts than non-growth firms. We also find that growth firms are more inclined to manipulate their reported revenues upwards, and less inclined to guide market expectations for revenues downward, in order to meet or beat expected revenues relative to non-growth firms. These findings suggest that window-dressing activities by growth firms may not be sustainable in the long-run and can misguide users of financial statements in their decision-making.

  20. Sustainable water management in Alberta's oil sands

    Energy Technology Data Exchange (ETDEWEB)

    Byers, Bill; Usher, Robyn; Roach, Andrea [CH2M HILL, Englewood, CO (United States); Lambert, Gord; Kotecha, Prit [Suncor Energy Inc., Calgary (Canada)

    2012-07-01

    The Canadian Association of Petroleum Producers forecast published in 2011 predicts that oil production from oil sands will increase by 50% in the next 3 years and double by 2020. This rate of growth will result in significant pressure on water resources; water use per barrel of oil sands production is comparable to other energy resources - about 2.5 barrels of fresh water per barrel of oil produced are used by mining operations and 0.5 barrels by in-situ operations. Suncor Energy Inc. (Suncor) was the first company to develop the oil sands in northern Alberta and holds one of the largest oil sands positions in Canada. In 2010, Suncor announced plans to increase production to more than 1 million barrels of oil equivalent per day by 2020, which it plans to achieve through oil sands production growth of approximately 10% per year. Because water supply and potential impacts to water quality are critical to its future growth, in 2010-2011 Suncor conducted a risk assessment to identify water-related business risks related to its northern Alberta operations. The assessment identified more than 20 high level business risks in strategic water risk areas including water supply, water reuse, storm water management, groundwater, waste management and river water return. The risk assessment results prompted development of a strategic roadmap to guide water stewardship across Suncor's regional operations. The roadmap describes goals, objectives, and specific activities for each of six key water risk areas, and informs prioritization and selection of prospective water management activities. Suncor is not only exploring water within its own boundaries, but is also collaborating with other oil sands producers to explore ways of integrating its water systems through industry consortia; Suncor is a member of the Oil Sands Leadership Initiative and of the recently formed Canadian Oil Sands Innovation Alliance, among others. (author)

  1. Philippines - Revenue Administration Reform

    Data.gov (United States)

    Millennium Challenge Corporation — The Millennium Challenge Account-Philippines' (MCA-P) implementation of the Revenue Administration Reform Project (RARP) is expected to improve tax administration,...

  2. Automated Internal Revenue Processing System: A Panacea For ...

    African Journals Online (AJOL)

    Automated Internal Revenue Processing System: A Panacea For Financial ... for the collection and management of internal revenue which is the financial ... them, computational errors, high level of redundancy and inconsistencies in record, ...

  3. Computer based training for oil spill management

    International Nuclear Information System (INIS)

    Goodman, R.

    1993-01-01

    Large oil spills are infrequent occurrences, which poses a particular problem for training oil spill response staff and for maintaining a high level of response readiness. Conventional training methods involve table-top simulations to develop tactical and strategic response skills and boom-deployment exercises to maintain operational readiness. Both forms of training are quite effective, but they are very time-consuming to organize, are expensive to conduct, and tend to become repetitious. To provide a variety of response experiences, a computer-based system of oil spill response training has been developed which can supplement a table-top training program. Using a graphic interface, a realistic and challenging computerized oil spill response simulation has been produced. Integral to the system is a program editing tool which allows the teacher to develop a custom training exercise for the area of interest to the student. 1 ref

  4. Characterization of revenue equivalence

    NARCIS (Netherlands)

    Heydenreich, B.; Müller, R.; Uetz, Marc Jochen; Vohra, R.

    2009-01-01

    The property of an allocation rule to be implementable in dominant strategies by a unique payment scheme is called revenue equivalence. We give a characterization of revenue equivalence based on a graph theoretic interpretation of the incentive compatibility constraints. The characterization holds

  5. Characterization of Revenue Equivalence

    NARCIS (Netherlands)

    Heydenreich, Birgit; Müller, Rudolf; Uetz, Marc Jochen; Vohra, Rakesh

    2008-01-01

    The property of an allocation rule to be implementable in dominant strategies by a unique payment scheme is called \\emph{revenue equivalence}. In this paper we give a characterization of revenue equivalence based on a graph theoretic interpretation of the incentive compatibility constraints. The

  6. 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

  7. 35 ASSESSMENT OF TOURISTS FLOW AND REVENUE ...

    African Journals Online (AJOL)

    Deji

    Federal College of Wildlife Management, New Bussa, Forestry Research ... Key words: Kainji Lake National Park, Ecotourism, Tourist flow, Revenue generation ... well as any cultural features found therein (Boo, ..... Modern technologies. 2. 1.5.

  8. BP Oil Company's approach to risk management

    International Nuclear Information System (INIS)

    Fryman, C.E.

    1996-01-01

    The oil and chemical industries face major challenges in deciding how to handle the numerous recommendations coming from various audits, reviews and studies conducted in the functional areas of personnel health and safety, loss prevention, and environmental protection. And, the number of recommendations continues to grow with time, as regulations and normal business requirements are met. BP Oil has developed a methodology for risk ranking the events leading to specific recommendations and then determining the cost-effectiveness of the recommendations in reducing the risk. The author completed successful pilot tests of this methodology at two of BP Oil's petroleum refineries, examining the recommendations from process hazards analyses and studies completed over the past few years. The methodology has since been implemented throughout their petroleum refining, distribution, transportation, and retail business streams

  9. Application of biosurfactant in oil spill management

    International Nuclear Information System (INIS)

    Juwarkar, A.; Babu, P.S.; Mishra, K.; Deshpande, M.

    1993-01-01

    Surfactants are surface active agents which reduce surface tension and interfacial tension between two immiscible phases and help in emulsification. Toxicity, nonbiodegradability, and limited structural types of chemical surfactants have initiated the need for effective substitutes. Biosurfactants, which are synthesized by specific microbial cultures, have surface active properties comparable to chemical surfactants. They are compounds that can help in oil spill cleanup operations without presenting the problem posed by chemical surfactants. Two bacterial cultures were isolated from oil-contaminated soil and were used for biosurfactant production. The biosurfactants produced by Bacillus licheniformis, BS1, and Pseudomonas aeruginosa, BS2, in mineral media containing glucose as the carbon source belong to the class of lipoprotein and glycolipid, respectively. They were found to reduce the surface and interfacial tension of water and water-hexadecane system from 72 dynes/cm and 40 dynes/cm to 28 to 30 dynes/cm and 1 to 3 dynes/cm, respectively. These results were comparable with chemical surfactants with respect to surface tension reduction (Slic Gone 34 dynes/ cm and Castrol 30 dynes/cm). The low interfacial tension allows the formation of stable emulsion. The two cultures were grown on different substrates, namely, glucose, mannitol, glycerol, hexadecane, oily sludge, and crude oil. Emulsion formation of hexadecane in water was tested with the cell-free broth containing biosurfactant from the respective substrate broths. Emulsions of 56% stability to 100% stability were obtained from these biosurfactant-containing broths. Both biosurfactants were able to emulsify crude oil. A surfactant's ability to form a stable emulsion is the first step in oil spill cleanup. The emulsified oil can then be acted upon very easily by the microorganism under study

  10. Stakeholder relations in the oil sands : managing uncertainty

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2009-05-15

    Alberta's oil sands are now at the crossroads of a series of significant and complex global issues that will require careful negotiation by all stakeholders involved in the oil sands industry. This paper discussed methods of managing uncertainty and risk related to the oil sands industry's agenda for the future. Oil sands developers must continue to secure permission from communities and other key stakeholders in order to develop oil sand projects. Stakeholder relations between oil sands operators, First Nations, and Metis Nation communities must ensure that respect is maintained while environmental impacts are minimized and long-term economic benefits are secured for all parties. Environmental non-governmental organizations (ENGOs) must ensure that oil sands resources are developed responsibly, and that environmental standards are maintained. Seven key shifts in stakeholder relations resulting from the recent economic crisis were identified. These included (1) withdrawal from the multi-stakeholder process, (2) increased focus on government to demonstrate policy leadership, (3) a stronger push from ENGOs to express environmental concerns, (4) global lobby and public relations efforts from ENGOs, (5) companies retreating to local community stakeholders, (6) more active demands from First Nations and Metis Nations groups, and (7) companies challenging ENGO campaigns. The study concluded by suggesting that government leadership is needed to clear policy and regulatory frameworks for Canada's oil sands.

  11. 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

  12. Management of vehicle waste oil in pakistan: a case study

    International Nuclear Information System (INIS)

    Durrani, H.A.; Panhwar, M.I.; Kazi, R.A.

    2008-01-01

    Oil is a primary source of energy in developed nations. The petroleum industry has grown at a very fast rate since its inception and became an indispensable element of society particularly in urban communities. However, the world oil sources and reserves are limited and are not inexhaustible resources. Lubricating oils are widely used to reduce friction and wear by interposing a film of material between rubbing surfaces and becomes contaminated with a number of substances that are hazardous to human health and the environment. It requires proper collection and treatment before it can be discharged to the environment. Therefor, proper waste oil management is necessary to prevent its adverse impacts. This paper describes current waste oil management practice in Pakistan and identifies the extent of potential adverse environmental impacts associated with these practices. Proper waste oil management options are discussed with proposed re-cycling option in the circumstance of prevailing public perception and environmental awareness. The 12 Re-generation facility locations have been identified throughout Pakistan to minimize the transportation cost and create the maximum job opportunities for the local people. (author)

  13. Assessment of Non-Revenue Water Situation in Mandalay City: Response to the Management of Sustainable Water Supply System in Mandalay City

    Directory of Open Access Journals (Sweden)

    Ser Moe Yi

    2017-07-01

    Full Text Available Mandalay city is experiencing inefficient use of groundwater resources and inadequate water supply system to residents. The study focused on the issue of non-revenue water (NRW and stakeholders’ perception on its management in order to design the remediation measures for the water lost controls and the sustainable water supply system. A total of 134 samples of water employees, and 383 households were assessed through structured questionnaires. It has been found that more than 50% of the water employees are not aware of the NRW concept. Furthermore, over 90% of the water users are not willing to participate in water management. The WB­EasyCalc software version 4.09 was used to determine NRW and the result of NRW is 46% of the total system input volume. The main causes of water losses in Mandalay city are: 1 a very low pressure system; 2 poor-quality repairs; 3 lack of regular maintenance; 4 water employees’ insufficient knowledge; 5 lack of awareness about the NRW concept; 6 poor customer relationships; and 7 water users’ lack of willingness to participate in the water losses management. Therefore, it is recommended that water utility service efficiency be optimized by giving capacity building to the water employees. It is also recommended that district metering areas (DMA be introduced and good customer relationship be established. This is to improve the water users’ willingness to participate in the water losses management for the efficient use under scarcity groundwater resources and for the sustainable water supply system.

  14. The governance of natural resources: Issues affecting better management of revenues and distribution of benefits within Papua New Guinea

    Directory of Open Access Journals (Sweden)

    Hitelai Polume-Kiele

    2014-09-01

    The focus of the article’s discussion is on governance and management issues that affect the distribution of benefits, delivery of essential services to rural areas of PNG, stability within government, and the expectations of landowners.

  15. City Revenues and Expenses

    Data.gov (United States)

    Allegheny County / City of Pittsburgh / Western PA Regional Data Center — City Revenues and Expenses from the Operating Budget from 2012 to Present, updated every night from the City's JD Edwards ledger.

  16. Managing oil logistics around the Baltic Rim

    International Nuclear Information System (INIS)

    Kilander, H.

    1997-01-01

    Finland's Neste Group is a major player in the oil business in the Baltic area. Neste tankers and petroleum product logistics services comprehensively serve the region. Neste's main Baltic Rim terminal outside Finland is located at Muuga close to the Estonian capital, Tallinn. This will be joined by one in Riga in Latvia at the end of this year. A terminal for St. Petersburg is in the planning stage

  17. Real estate management : oil spot approach

    NARCIS (Netherlands)

    Huisman, Maikel; van der Wiel, Bert

    2008-01-01

    To solve big problems, usually one needs a lot of money to start with. For the ‘Oil Spot’ Approach you don’t need lots of money, you just need a little money to start it up.  A big master plan to improve a whole area costs a lot of money. But it is not necessary to improve the whole area with a

  18. Manitoba oil activity review, 1997

    International Nuclear Information System (INIS)

    1998-01-01

    Annual review is presented of Manitoba Crown oil and gas dispositions, mineral owner leasing and revenue, geophysical and drilling activity, areas of activity, oil production and markets, oil prices, value of production, provincial revenue from oil production, surface owners, spills and reclamation, municipal taxes, the Manitoba Drilling Incentive Program, oil reserves, oil industry expenditures, and industry employment. Highlights of the current year are included

  19. Analysis of the impact of the Kyoto Protocol on the export revenues of OPEC member states and on the oil import requirements of non-Annex I countries

    NARCIS (Netherlands)

    Linden NH van der; Linde C van der; Lako P; Rooijen SNM van; Netherlands Energy Research; Netherlands Institute of International Relations; NOP

    2000-01-01

    The members of the Organisation of Petroleum Exporting Countries (OPEC) continue to voice their concerns about the adverse impact of the implementation of greenhouse gas emission reduction policies on the oil exporting countries. Referring to Article 4.8 of the UNFCCC, the OPEC is of the opinion

  20. Valuating Indonesian upstream oil management scenario through system dynamics modelling

    Science.gov (United States)

    Ketut Gunarta, I.; Putri, F. A.

    2018-04-01

    Under the existing regulation in Constitution Number 22 Year 2001 (UU No 22 Tahun 2001), Production Sharing Contract (PSC) continues to be the scenario in conducting oil and gas upstream mining activities as the previous regulation (UU No. 8 Tahun 1971). Because of the high costs and risks in upstream mining activities, the contractors are dominated by foreign companies, meanwhile National Oil Company (NOC) doesn’t act much. The domination of foreign contractor companies also warned Indonesia in several issues addressing to energy independence and energy security. Therefore, to achieve the goals of energy which is independence and security, there need to be a revision in upstream oil activities regulating scenario. The scenarios will be comparing the current scenario, which is PSC, with the “full concession” scenario for National Oil Company (NOC) in managing oil upstream mining activities. Both scenario will be modelled using System Dynamics methodology and assessed furthermore using financial valuation method of income approach. Under the 2 scenarios, the author will compare which scenario is better for upstream oil management in reaching the goals mentioned before and more profitable in financial aspect. From the simulation, it is gathered that concession scenario offers better option than PSC in reaching energy independence and energy security.

  1. Oil spill research program, U. S. Minerals Management Service

    International Nuclear Information System (INIS)

    LaBelle, R. P.; Mullin, J. V.; White, A. C.

    1997-01-01

    The oil spill prevention and response research program of the U.S. Minerals Management Service was described including its goals and objectives, some recently funded projects, and future research directions. As it is now the trend in most research organizations, a large part of the program is carried out in cooperation with other major research centers to leverage funds and to maximize study results. For example, joint research with Environment Canada focuses on the physical and chemical properties of dispersants, remote sensing and mapping oil slicks and shoreline cleanup strategies. Similarly, cooperative projects are underway with the National Institute of Standards and Technology in assessing the capabilities of in-situ burning as an oil spill response tool. Research capabilities of OHMSETT - The National Oil Spill Response Test Facility were also reviewed. A series of tables listed titles of research projects completed during 1995-1996. 5 tabs.,

  2. Alberta books big revenues in 1996

    International Nuclear Information System (INIS)

    Curran, R.

    1996-01-01

    A 17.9 per cent increase over 1995 in oil and gas revenues were reported for Alberta through August 1996. Revenues from crude oil were up 12.6 per cent and from natural gas 30.7 per cent. The level of increase in revenues is expected to hold for the remainder of the year, save for the prospects of Iraq re-entering the market in force. This would cause a steep decline in prices and some panic trading in energy stocks. Nevertheless, producers are well positioned for the year ahead, as capital spending and drilling activity are based on lower price forecasts. Oil production over 1995 was down slightly through August. Light and medium crude production was down 4.5 per cent. Synthetic production fell by 0.8 per cent. Natural gas production will have a record year. Through August output was up 4.6 per cent over 1995, sales were up 19.3 per cent, and exports were ahead by just under one per cent. Natural gas liquids were the biggest revenue booster, increasing by 46.3 per cent over 1995

  3. Management of Podrot, Oil Content, and Pod Weight of Benniseed ...

    African Journals Online (AJOL)

    ... yield at the highest plant population of 250,000 plants/ha in the 1st and 2nd seasons. However, yield were highest at combination of 60kg/ha and 250,000 plants/ha in all the seasons investigated. Keywords: Management , Podrot, Oil content, Pod Weight, Benniseed, Ultisols Discovery and Innovation Vol. 19 (3) 2007: pp.

  4. Peaking of world oil production: Impacts, mitigation, & risk management

    Energy Technology Data Exchange (ETDEWEB)

    Hirsch, R.L. (SAIC); Bezdek, Roger (MISI); Wendling, Robert (MISI)

    2005-02-01

    The peaking of world oil production presents the U.S. and the world with an unprecedented risk management problem. As peaking is approached, liquid fuel prices and price volatility will increase dramatically, and, without timely mitigation, the economic, social, and political costs will be unprecedented. Viable mitigation options exist on both the supply and demand sides, but to have substantial impact, they must be initiated more than a decade in advance of peaking.... The purpose of this analysis was to identify the critical issues surrounding the occurrence and mitigation of world oil production peaking. We simplified many of the complexities in an effort to provide a transparent analysis. Nevertheless, our study is neither simple nor brief. We recognize that when oil prices escalate dramatically, there will be demand and economic impacts that will alter our simplified assumptions. Consideration of those feedbacks will be a daunting task but one that should be undertaken. Our aim in this study is to-- • Summarize the difficulties of oil production forecasting; • Identify the fundamentals that show why world oil production peaking is such a unique challenge; • Show why mitigation will take a decade or more of intense effort; • Examine the potential economic effects of oil peaking; • Describe what might be accomplished under three example mitigation scenarios. • Stimulate serious discussion of the problem, suggest more definitive studies, and engender interest in timely action to mitigate its impacts.

  5. Accidental oil spills - project management strategy

    International Nuclear Information System (INIS)

    Bobic, V.; Benkovic, Z.

    2009-01-01

    Planning and organisation, as well as actions taken during accidental discharging of hazardous substances (hydrocarbons) into the soil and water, show that without integrating all the functions of safety, occupational safety, fire and explosion protection, technical safety, all the way to the environmental protection, procedure of cleaning, rehabilitation and remediation of polluted areas into their original state cannot be successfully carried out. Neglecting any of the mentioned links/components of the procedure represents a risk to people's health and life, while pollution to the environment remains a constant threat. Development of technologies is quickly transforming the environment in which the professionals of all disciplines work. Therefore, the response to changes by application of new technologies and procedures in all domains is indispensable, however, through a comprehensive and expert perception and consideration of each of the essential correlations comprising the safety management in all the fields. Through management of safety projects in environmental protection, it has become obvious that a united management of different fields is necessary, as well as management of safety in general. Engineering, health, legislation, public, environmental standards, occupational safety, hazards, biophysical and socio-economic aspects are parts of an integral management. Experts joined efforts through interaction and communications are inter-disciplinary characteristics, i.e. multi-disciplinary safety management, but also the management of each project separately. Exactly this knowledge exchange is highly productive and becomes an indispensable element in recognition of indirect and cumulative actions, thus applicable in any field. Implementation of European standards and accreditation of procedures pursuant to the corresponding standards, from risk assessment through rehabilitation to independent expert confirmation of efficiency in implementing the entire

  6. Piracy and Movie Revenues

    DEFF Research Database (Denmark)

    Peukert, Christian; Claussen, Jörg; Kretschmer, Tobias

    difference-in-differences approach. We compare box office revenues before and after the shutdown to a matched control group of movies unaffected by the shutdown. We find that the shutdown had a negative, yet insignificant effect on box office revenues.This counterintuitive result may suggest support...... for the theoretical perspective of (social) network effects where file-sharing acts as a mechanism to spread information about a good from consumers with zero or low willingness to pay to users with high willingness to pay....

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

    International Nuclear Information System (INIS)

    Balabanoff, Stefan

    1995-01-01

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

  8. ANALYSIS OF TIME MANAGEMENT APPLIED TO A PROJECT OF OIL

    Directory of Open Access Journals (Sweden)

    Arielle Meireles Moreira

    2011-05-01

    Full Text Available Project management (PM efficient results in increased probability of success of activities and its completion as time, cost and scope planned. Since this triad (time, cost and scope is connected, any changes will affect within the scope and increase the cost of the project. This was a case study in a large company exploiting oil and gas. The research is focused on time management (TM in an oil project in order to examine the schedule of activities according to the time tool, the Gantt Chart in MS Project 2003 software. The study design was selected due to its long delay in implementation and lack of planning and managing this. By analyzing the Gantt Chart, activities were identified late. With this, the problems that caused delays were surveyed (the project documents and their parents questioned. Thus, it was proposed improvements to an effective control of time on the problems encountered.

  9. Revenue-cycle redesign: honing the details.

    Science.gov (United States)

    LaForge, Richard W; Tureaud, Johnny S

    2003-01-01

    To minimize claim denials and ensure optimum payment for delivered services, many hospitals must fundamentally change their approach to managing the revenue cycle. The revenue cycle should be conceptualized as a continuum rather than as a set of isolated events, such as submitting bills or collecting payment. Cross-functional teams composed of representatives from clinical and financial areas should be created to systematically address recurrent breakdowns detected in the revenue cycle. PFS staff should be better compensated based on their value to revenue-cycle performance and receive adequate training on data collection and billing requirements to ensure the submission of clean claims. Medical-necessity screening software tools should be used at initial patient-access points to help identify scheduled services not covered by Medicare.

  10. Problems of salaries management in oil and gas companies

    Directory of Open Access Journals (Sweden)

    Olga Gennad'evna Kolosova

    2011-09-01

    Full Text Available Basing on the results of the author's analysis and generalization of practical experience in the organization of remuneration on the oil and gas companies of the Khanty-Mansiysk Autonomous District — Yugra, the current state and remuneration policy were defined. The designed SWOT matrix reveals the possibilities of further improvement of the remuneration organization. Innovative development of remuneration systems involves a complex process of selecting management tools to achieve performance targets and implementing business strategies. A study of the most upfront human resources and staff practices in the Russian oil and gas sector has allowed the author to formulate approaches to building effective systems of remuneration. The suggestions described in this paper coordinate the interests of employers and employees. At the same time, they increase efficiency and job satisfaction through raising personal responsibility, which will gain the effectiveness of incentives for oil and gas companies.

  11. Hospitality services generate revenue.

    Science.gov (United States)

    Bizouati, S

    1993-01-01

    An increasing number of hospitals are undertaking external revenue-generating activities to supplement their shrinking budgets. Written at the request of Leadership, this article outlines an example of a successful catering service -- a money-generating business that more Canadian hospitals could profitably consider.

  12. 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.

  13. Contributions for territorial management of risks associated with oil activity

    Directory of Open Access Journals (Sweden)

    Felipe Pinto Gonçalves

    2013-06-01

    Full Text Available Whereas that the growing complexity of technical and spatial organization of the oil activity in Espírito Santo state gives new demands for land use management to the local governments, this article addresses the issue of economic and technological risks associated with such activities. Based on the evaluation of legal instruments such as the classification of land uses and the zoning, are discussed the possibilities of insertion the risks in municipal policies for land use planning

  14. The changing imperative for revenue assurance

    International Nuclear Information System (INIS)

    Dalbec, L.; Downey, F.

    1994-01-01

    In the past, electric utilities have developed revenue protection programs using anecdotal experience and instinct. The adoption of different programs by different utilities has made assessing the effectiveness of a particular program difficult. The cost/benefit ratio is generally invoked when implementing revenue protection, yet the economy available through sound revenue protection practices is not self evident since the problem has not yet been characterized. In Canada, this situation will change with the Canadian Electrical Association survey of electrical power theft. Details provided by the survey, such as incidence per customer class, popularity of various theft methods, and the deterrent value of seal programs will enable utility managers to make informed choices on labor and capital commitment and to establish benchmarks for the revenue protection function. The results of the survey will also generate regulatory interest with regard to such matters as quantification of any losses and the role of rate structure in encouraging energy theft. The formulation of a revenue protection program is outlined in such categories as training, quantification of the problem, prevention, detection, incentives, revenue recovery, and prosecution. A policy statement on equipment damage and meter interference is appended. 1 tab

  15. 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)

  16. Defense Logistics Agency Revenue Eliminations

    National Research Council Canada - National Science Library

    1996-01-01

    The issue of revenue eliminations was identified during our work on the Defense Logistics Agency portion of the Audit of Revenue Accounts in the FY 1996 Financial Statements of the Defense Business Operations Fund...

  17. Federal Offshore Statistics, 1993. Leasing, exploration, production, and revenue as of December 31, 1993

    Energy Technology Data Exchange (ETDEWEB)

    Francois, D.K.

    1994-12-31

    This document contains statistical data on the following: federal offshore lands; offshore leasing activity and status; offshore development activity; offshore production of crude oil and natural gas; federal offshore oil and natural gas sales volume and royalties; revenue from federal offshore leases; disbursement of federal offshore revenue; reserves and resource estimates of offshore oil and natural gas; oil pollution in US and international waters; and international activities and marine minerals. A glossary is included.

  18. Water management challenges and perspective for surface oil sands operations in North Eastern Alberta

    International Nuclear Information System (INIS)

    MacKinnon, M.

    2009-01-01

    Oil sands waters has many sources, such as raw water inputs (import water and hydrologic waters); oil sands ore water such as formation water; and oil sands process-affected water (OSPW) such as produced water and released water from tailings. This presentation demonstrated the importance of water to oil sands operations and indicated how oil sands processing affects water quality. Water imports to meet oil sands needs is a topic of particular interest. Other topics that were presented included water properties changing during oil sands operations; tailings management and the effects on water quality; oil sands tailings and water management and the impact on water quality of the region; how oil sands processing affected water quality; and current tailings approach and proposed new tailings methods and the effects on water composition. Post extraction changes in OSPW and the potential impacts of engineered tailings were also discussed. It was concluded that water treatment options must meet water management objectives. figs.

  19. Suitability of online 3D visualization technique in oil palm plantation management

    Science.gov (United States)

    Mat, Ruzinoor Che; Nordin, Norani; Zulkifli, Abdul Nasir; Yusof, Shahrul Azmi Mohd

    2016-08-01

    Oil palm industry has been the backbone for the growth of Malaysia economy. The exports of this commodity increasing almost every year. Therefore, there are many studies focusing on how to help this industry increased its productivity. In order to increase the productivity, the management of oil palm plantation need to be improved and strengthen. One of the solution in helping the oil palm manager is by implementing online 3D visualization technique for oil palm plantation using game engine technology. The potential of this application is that it can helps in fertilizer and irrigation management. For this reason, the aim of this paper is to investigate the issues in managing oil palm plantation from the view of oil palm manager by interview. The results from this interview will helps in identifying the suitable issues could be highlight in implementing online 3D visualization technique for oil palm plantation management.

  20. Response strategies for oil producers in the face of environmental taxation

    International Nuclear Information System (INIS)

    Walker, I.O.; Brennand, G.J.

    1993-01-01

    The impact of environmental taxes on the oil export revenues of developing countries, particularly OPEC, is considered; the possibility of amelioration through production management is investigated. A model of oil market dynamics is considered and applied to for different tax secenarios. These are a base case scenario where no environmental tax is imposed; an unmanaged market where a $100/t of carbon tax is imposed in all OECD regions and the resulting fall in oil demand is absorbed by OPEC, thereby keeping oil prices at base case levels; a partially managed market where the same tax is imposed, but only OPEC responds by reducing oil production even further to maintain base case revenue; a totally managed market where the same tax is imposed but both OPEC and non-OPEC agree to manage and control the market. The conclusions reached is that as long as OPEC is not able to target a revenue-maximizing path, a totally managed market is likely to prove beneficial to all developing country producers with a much more manageable, higher than base case price in a partially managed market. If, however, OPEC were able to implement a revenue-maximizing course, there would be no need for total management, since non-OPEC revenue would be concomitantly maximized. (2 tables, 4 figures). (UK)

  1. Electric sales and revenue 1996

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1997-12-01

    Information is provided on electricity sales, associated revenue, average revenue per kilowatthour sold, and number of consumers throughout the US. The data provided in the Electric Sales and Revenue are presented at the national, Census division, State, and electric utility levels. The information is based on annual data reported by electric utilities for the calendar year ending December 31, 1996. 16 figs., 20 tabs.

  2. Naval Petroleum and Oil Shale Reserves

    International Nuclear Information System (INIS)

    1992-01-01

    During fiscal year 1992, the reserves generated $473 million in revenues, a $181 million decrease from the fiscal year 1991 revenues, primarily due to significant decreases in oil and natural gas prices. Total costs were $200 million, resulting in net cash flow of $273 million, compared with $454 million in fiscal year 1991. From 1976 through fiscal year 1992, the Naval Petroleum and Oil Shale Reserves generated more than $15 billion in revenues and a net operating income after costs of $12.5 billion. In fiscal year 1992, production at the Naval Petroleum Reserves at maximum efficient rates yielded 26 million barrels of crude oil, 119 billion cubic feet of natural gas, and 164 million gallons of natural gas liquids. From April to November 1992, senior managers from the Naval Petroleum and Oil Shale Reserves held a series of three workshops in Boulder, Colorado, in order to build a comprehensive Strategic Plan as required by Secretary of Energy Notice 25A-91. Other highlights are presented for the following: Naval Petroleum Reserve No. 1--production achievements, crude oil shipments to the strategic petroleum reserve, horizontal drilling, shallow oil zone gas injection project, environment and safety, and vanpool program; Naval Petroleum Reserve No. 2--new management and operating contractor and exploration drilling; Naval Petroleum Reserve No. 3--steamflood; Naval Oil Shale Reserves--protection program; and Tiger Team environmental assessment of the Naval Petroleum and Oil Shale Reserves in Colorado, Utah, and Wyoming

  3. Alarm management in TRANSPETRO National Oil Control Center

    Energy Technology Data Exchange (ETDEWEB)

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

    2009-07-01

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

  4. Nevada local government revenues analysis

    International Nuclear Information System (INIS)

    1988-06-01

    This report analyzes the major sources of revenue for Nevada local government for purposes of estimating the impacts associated with the siting of a nuclear waste repository at Yucca Mountain. Each major revenue source is analyzed separately to identify relationships between the economic or demographic base, the revenue base and the revenues generated. Trends and changes in the rates and/or base are highlighted. A model is developed for each component to allow impact estimation. This report is a companion to the report Nevada State Revenues Analysis

  5. 25 CFR 502.16 - Net revenues.

    Science.gov (United States)

    2010-04-01

    ... 25 Indians 2 2010-04-01 2010-04-01 false Net revenues. 502.16 Section 502.16 Indians NATIONAL INDIAN GAMING COMMISSION, DEPARTMENT OF THE INTERIOR GENERAL PROVISIONS DEFINITIONS OF THIS CHAPTER § 502... consistent with professional accounting pronouncements, excluding management fees. [74 FR 36932, July 27...

  6. The environmental management of oil tanker routes in UK waters

    Energy Technology Data Exchange (ETDEWEB)

    Owen, J. [University of Wales, Cardiff (United Kingdom). Dept. of Maritime Studies and International Transport

    1999-09-01

    The recent Haven, Aegean Sea and Sea Empress incidents have highlighted the need for protective measures against the risks posed by the shipping industry to the UK coast. This is particularly the case in the vicinity of environmentally sensitive areas. The principal objectives of this paper are to investigate the state of environmental management of tanker traffic in the UK by putting the geography of shipping into its environmental context. Regional traffic levels, accident rates, oil spills, and their potential consequences upon the environment have been summarised via a risk assessment which also considers coastal sensitivity. An assessment of measures available at international level then sets the scene for a review of marine traffic management schemes in operation around the UK. The state of management and its approaches are also discussed and a number of recommendations put forward during marine conferences in the last twelve months are considered.

  7. The environmental management of oil tanker routes in UK waters

    International Nuclear Information System (INIS)

    Owen, J.

    1999-01-01

    The recent Haven, Aegean Sea and Sea Empress incidents have highlighted the need for protective measures against the risks posed by the shipping industry to the UK coast. This is particularly the case in the vicinity of environmentally sensitive areas. The principal objectives of this paper are to investigate the state of environmental management of tanker traffic in the UK by putting the geography of shipping into its environmental context. Regional traffic levels, accident rates, oil spills, and their potential consequences upon the environment have been summarised via a risk assessment which also considers coastal sensitivity. An assessment of measures available at international level then sets the scene for a review of marine traffic management schemes in operation around the UK. The state of management and its approaches are also discussed and a number of recommendations put forward during marine conferences in the last twelve months are considered

  8. Risk assessment and management of an oil contaminated aquifer

    International Nuclear Information System (INIS)

    Braxein, A.; Daniels, H.; Rouve, G.; Rubin, H.

    1991-01-01

    This paper concerns the provision of the basic information needed for the decision making process regarding the remedial measures leading to reutilization of an oil contaminated aquifer. The study refers to the case history of jet fuel contamination of an aquifer comprising part of the coastal aquifer of Israel. Due to that contamination two major water supply wells were abandoned. This study examines the use of numerical simulations in order to restore the contamination history of the aquifer. Such simulations also provide quantitative information needed for the decision making process regarding the future management of the contaminated aquifer

  9. Oil sands mine planning and waste management using goal programming

    Energy Technology Data Exchange (ETDEWEB)

    Ben-Awuah, E.; Askari-Nasab, H. [Alberta Univ., Edmonton, AB (Canada). Dept. of Civil and Environmental Engineering; Alberta Univ., Edmonton, AB (Canada). Mining Optimization Laboratory

    2010-07-01

    A goal programming method was used to plan waste management processes at an oil sands mine. This method requires the decision maker (DM) to set goals. Mine planning is used to determine a block extraction schedule that maximizes net present value (NPV). Due to land restrictions, tailings facilities are sited within the pit area and dykes are used to contain the tailings. Many of the materials used to construct the dykes come from the mining operation. The mine plan scheduled both ore and dyke material concurrently. Dykes were constructed simultaneously as the mine phase advanced. A model was used to classify an oil sands block model into different material types. A mixed integer goal programming (MIGP) method was used to generate a strategic schedule. Block clustering techniques were used to large-scale mine planning projects. The method was used to verify and validate synthetic and real case data related to the cost of mining all material as waste, and the extra cost of mining dyke material. A case study of an oil sands project was used to demonstrate the method. The study showed that the developed model generates a smooth and uniform strategic schedule for large-scale mine planning projects. tabs., figs.

  10. Oil sands mine planning and waste management using goal programming

    International Nuclear Information System (INIS)

    Ben-Awuah, E.; Askari-Nasab, H.; Alberta Univ., Edmonton, AB

    2010-01-01

    A goal programming method was used to plan waste management processes at an oil sands mine. This method requires the decision maker (DM) to set goals. Mine planning is used to determine a block extraction schedule that maximizes net present value (NPV). Due to land restrictions, tailings facilities are sited within the pit area and dykes are used to contain the tailings. Many of the materials used to construct the dykes come from the mining operation. The mine plan scheduled both ore and dyke material concurrently. Dykes were constructed simultaneously as the mine phase advanced. A model was used to classify an oil sands block model into different material types. A mixed integer goal programming (MIGP) method was used to generate a strategic schedule. Block clustering techniques were used to large-scale mine planning projects. The method was used to verify and validate synthetic and real case data related to the cost of mining all material as waste, and the extra cost of mining dyke material. A case study of an oil sands project was used to demonstrate the method. The study showed that the developed model generates a smooth and uniform strategic schedule for large-scale mine planning projects. tabs., figs.

  11. Anvil Points oil shale tailings management in Rifle, Colorado

    Energy Technology Data Exchange (ETDEWEB)

    Rudy, R.; Galli LaBerge, C.; McClurg, J. [Ecology and Environment Inc., Lancaster, NY (United States); Walsh Integrated, Lachine, PQ (Canada)

    2009-07-01

    This presentation summarized the oil shale tailings management program used at the Anvil Points mining site in Colorado. Decommissioning and reclamation of the site occurred between 1984 and 1986. The geology of the region is comprised of Tertiary bedrock sedimentary formations and Quaternary formations on the surface. Oil shales mined at the facility are from the Eocene Green River formation. While the site lies within big game winter ranges, the areas around the shale pile supports are not a significant nesting or feeding habitat for wildlife. No sensitive plants are located on the waste shale pile. The program currently includes revegetation test plots and the reclamation of an area where heating oil storage tanks were located. The dumping area is currently being monitored, and geophysical surveys are being conducted. Documents produced by mining activities are also being reviewed. Results of the study to date have indicated the presence of asbestos-containing materials, significant physical hazards, and significant cultural resources. An engineering evaluation and cost analysis has demonstrated that arsenic, beryllium, and iron exceed established soil screening levels. It was concluded that off-site removal actions will be conducted to prevent or reduce human exposure to the metals of concern. tabs., figs.

  12. Avoiding revenue loss due to 'lesser of' contract clauses.

    Science.gov (United States)

    Stodolak, Frederick; Gutierrez, Henry

    2014-08-01

    Finance managers seeking to avoid lost revenue attributable to lesser-of-charge-or-fixed-fee (lesser-of) clauses in their contracts should: Identify payer contracts that contain lesser-of clauses. Prepare lesser-of lost-revenue reports for non-bundled and bundled rates. For claims with covered charges below the bundled rate, identify service codes associated with the greatest proportion of total gross revenue and determine new, higher charge levels for those codes. Establish an approach for setting charges for non-bundled fee schedules to address lost-revenue-related issues. Incorporate changes into overall strategic or hospital zero-based pricing modeling and parameters.

  13. Fiscal sustainability and oil wealth: Managing oil and gas volatility in Azerbaijan

    NARCIS (Netherlands)

    Budina, N.; van Wijnbergen, S.

    2008-01-01

    Assessing fiscal sustainability - i.e. considering whether or not a country can maintain its current fiscal policies without running into solvency problems and possible default - requires projections on a government's future revenue stream, expenditures and contingent liabilities within a

  14. Geophysical applications for oil sand mine tailings management

    Energy Technology Data Exchange (ETDEWEB)

    Parker, D.; Bauman, P. [WorleyParsons, Calgary, AB (Canada)

    2009-07-01

    Geophysical techniques are applied throughout a mine's life cycle to facilitate siting, constructing and monitoring of tailings dumps and ponds. This presentation described 3 case studies from the Athabasca region in northeast Alberta that demonstrated some of the concerns associated with oil sand mine tailings, and the information that geophysical surveys can provide. The objectives of these studies were to determine the lateral and depth extents of elevated conductivities of soil and groundwater that have high salt concentration from the tailings sand pore fluid. Due to high chloride concentrations within the tailings material, salt within the root zone may affect vegetation. A terrain conductivity survey was designed to map the lateral extents of salinity impact, while an electrical resistivity tomography (ERT) survey was used to delineate the tailings sand leachate at depth. The proper management of oil sand tailings facilities is vital to the life cycle of a mine. It was concluded that geophysical techniques can be instrumental in managing several engineering and environmental challenges, from Pleistocene channel mapping, to tailings pond settling characteristics, to reclaiming tailings sands. 1 ref., 7 figs.

  15. Aviation safely management, Valdez oil spill clean-up

    International Nuclear Information System (INIS)

    Friesenhahn, M.J.; McKeown, W.L.; Williams, R.G.

    1993-01-01

    The March 24, 1989 Exxon Valdez oil spill in Alaska's Prince William Sound (PWS) resulted in an unprecedented mobilization of personnel and oil spill clean-up equipment. This paper describes the comprehensive safety management system implemented for aviation operations supporting the clean-up response in PWS and the Gulf of Alaska (GOA). Aviation support operations quickly expanded to over 100 aircraft obtained from numerous sources. Beginning with early surveillance flights, aviation operations were subject to comprehensive safety management programs, including safety assessments, minimum flight weather criteria, operational standards and procedures, air carrier qualifications, equipment and procedure audits, and emergency response. Communication networks and flight following procedures were established, arctic survival training was conducted, and a full complement of survival equipment was required. These programs were largely responsible for safety performance of the spill response effort-during the 1989-92 response activities, over 56,000 flight hours, 159,000 equivalent passengers, and 20,000 tons of cargo were handled without an aviation related injury. The programs are applicable to offshore development and operational activities, particularly those located in more remote, severe environments

  16. Estimation of Non-Revenue Water Ratio for Sustainable Management Using Artificial Neural Network and Z-Score in Incheon, Republic of Korea

    OpenAIRE

    Dongwoo Jang; Gyewoon Choi

    2017-01-01

    The non-revenue water (NRW) ratio in a water distribution system is the ratio of the loss due to unbilled authorized consumption, apparent losses and real losses to the overall system input volume (SIV). The method of estimating the NRW ratio by measurement might not work in an area with no district metered areas (DMAs) or with unclear administrative district. Through multiple regression analyses is a statistical analysis method for calculating the NRW ratio using the main parameters of the w...

  17. The features of oil & gas complex's strategic management and hydrocarbon products transportation at developing marine oil & gas fields in Arctic

    Directory of Open Access Journals (Sweden)

    Fadeev А. М.

    2017-12-01

    Full Text Available The paper considers some theoretical and practical issues of strategic management of oil and gas complex at the development of hydrocarbon resources in the Arctic offshore. The analysis of existing approaches in process and project management of oil and gas complex has been carried out taking into account characteristics of offshore projects in the Arctic zone. Considerable attention has been paid to the history and evolution of strategic management as an economic category, functional areas of strategic management at different levels of management have been proposed. The analysis of existing scientific works dedicated to the projects on the Arctic shelf, has shown insufficient development of the strategic management's theory and practice. In particular, the biggest part of the scientific studies is focused on studying issues of the management at the corporate level, at the same time questions at the level of the oil and gas complex are not considered. In existing studies, the project and process approaches to management are often opposed to each other, and according to the authors it is incorrect in relation to the management of the oil and gas complex on the Arctic shelf. The oil and gas complex is a complex and multilevel system that implements unprecedentedly difficult projects in terms of technology. The beginning of hydrocarbon production on the Arctic shelf is inextricably linked with the transportation of extracted raw materials to the processing and marketing sites; it complements the strategic management of the oil and gas complex by the features of organizing efficient transport and logistics solutions.

  18. Electric sales and revenue 1994

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1995-11-01

    The Electric Sales and Revenue is prepared by the Coal and Electric Data and Renewables Division; Office of Coal, Nuclear, Electric and Alternate Fuels; Energy Information Administration (EIA); US Department of Energy. Information is provided on electricity sales, associated revenue, average revenue per kilowatthour sold, and number of consumers throughout the United States. The data provided in the Electric Sales and Revenue are presented at the national, Census division, State, and electric utility levels. The information is based on annual data reported by electric utilities for the calendar year ending December 31, 1994.

  19. Electric sales and revenue 1997

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1998-10-01

    The Electric Sales and Revenue is prepared by the Electric Power Division; Office of Coal, Nuclear, Electric and Alternate Fuels; Energy Information Administration (EIA); US Department of Energy. Information is provided on electricity sales, associated revenue, average revenue per kilowatthour sold, and number of consumers throughout the US. The data provided in the Electric Sales and Revenue are presented at the national, Census division, State, and electric utility levels. The information is based on annual data reported by electric utilities for the calendar year ending December 31, 1997. 16 figs., 17 tabs.

  20. Manage costs and revenues by achieving continuous measurement certainty with the Auto-Adjust Turbo Meter; Gerez les couts et les recettes en acquerant une certitude continuelle de mesure grace au Auto-Adjust Turbo Meter

    Energy Technology Data Exchange (ETDEWEB)

    Anderson, D. [Invensys Energy Metering, Pennsylvania (United States)

    2000-07-01

    Uncertainty in flow measurement and its consequent ramifications are accepted as normal costs of transporting and distributing natural gas. However, a notable advancement in turbine meter technology, pioneered by Invensys Energy Metering, uses two rotors in a tandem configuration to offer unique capabilities beyond those of the tried-and-proven, single-rotor turbine. A flow meter, which monitors its own performance and adjusts its measurement, on a real-time basis, for any deviations from its initial calibration, could largely eliminate many of the costs and lost revenue associated with flow metering and measurement uncertainty. The dual-rotor turbine, trade named the Auto-Adjust Turbo Meter (AAT), is such a flow meter; it provides Continuous Measurement Certainty, with the accompanying potential for enhanced management of costs and revenues. Proprietary algorithms in the AAT's secondary electronics correlate the velocities of the main rotor and the downstream sensing rotor, over the full range of the meter's rated capacity and pressure, such that a real-time adjustment to the indicated volume corrects it to the actual volume. Improved gas accountability results, and substantial savings related to meter site visits, meter testing and repair, preventive maintenance programs, and measurement disputes can be realized. Test data and case histories from a broad range of end users are related to demonstrate areas of potential savings and revenue recovery. (author)

  1. Analysis of management quality and management decisions made using the example of russian oil and gas companies

    Directory of Open Access Journals (Sweden)

    Kostylev A.O.

    2016-03-01

    Full Text Available Results of empirical surveys performed by Russian and foreign researchers with regard to behavior patterns of managers, authorized by owners to make investment decisions, are systematized. Analysis of management quality and decisions made by Russian oil and gas managers are performed using the following 2 criteria: market capitalization change and opinion of professional society. The purpose of the research is to attract attention to low management quality in Russian statowned oil and gas companies.

  2. Vertical integration strategies: revenue effects in hospital and Medicare markets.

    Science.gov (United States)

    Cody, M

    1996-01-01

    The purpose of this study was to evaluate the revenue effects of seven vertically integrated strategies on California hospitals. The strategies investigated were managed care contracts, physician affiliations, ambulatory care, ambulatory surgery, home health services, inpatient rehabilitation, and skilled nursing care. The study population included 242 not-for-profit hospitals in continuous operation from 1983 to 1990. Many hospitals developed vertically integrated programs in the 1980s as inpatient utilization fell in response to the Medicare Prospective Payment program. Net revenue rose on average by $2,080 from 1983 to 1990, but fell by $2,421 from the Medicare program. On the whole, the more physicians affiliated with a hospital, the higher the net revenue. However, in the Medicare population, the number of managed care contracts was significant. The pre-hospital strategies generated significant revenue, while the post-hospital strategies did not. In the Medicare program, inpatient rehabilitation significantly reduced revenue.

  3. Revenue Potential for Inpatient IR Consultation Services: A Financial Model.

    Science.gov (United States)

    Misono, Alexander S; Mueller, Peter R; Hirsch, Joshua A; Sheridan, Robert M; Siddiqi, Assad U; Liu, Raymond W

    2016-05-01

    Interventional radiology (IR) has historically failed to fully capture the value of evaluation and management services in the inpatient setting. Understanding financial benefits of a formally incorporated billing discipline may yield meaningful insights for interventional practices. A revenue modeling tool was created deploying standard financial modeling techniques, including sensitivity and scenario analyses. Sensitivity analysis calculates revenue fluctuation related to dynamic adjustment of discrete variables. In scenario analysis, possible future scenarios as well as revenue potential of different-size clinical practices are modeled. Assuming a hypothetical inpatient IR consultation service with a daily patient census of 35 patients and two new consults per day, the model estimates annual charges of $2.3 million and collected revenue of $390,000. Revenues are most sensitive to provider billing documentation rates and patient volume. A range of realistic scenarios-from cautious to optimistic-results in a range of annual charges of $1.8 million to $2.7 million and a collected revenue range of $241,000 to $601,000. Even a small practice with a daily patient census of 5 and 0.20 new consults per day may expect annual charges of $320,000 and collected revenue of $55,000. A financial revenue modeling tool is a powerful adjunct in understanding economics of an inpatient IR consultation service. Sensitivity and scenario analyses demonstrate a wide range of revenue potential and uncover levers for financial optimization. Copyright © 2016 SIR. Published by Elsevier Inc. All rights reserved.

  4. Improved operations through manpower management in the oil sector

    International Nuclear Information System (INIS)

    Ahmed, Hiba

    2007-01-01

    The need for improved operations was never higher than today in the oil industry. The world's demand for energy, especially for oil and natural gas, is rising rapidly and for many years to come. In order to meet this rising demand and to keep price volatility to a minimum; oil companies worldwide are looking for ways to improve operations in order to achieve increased production with decreased costs. This paper describes data from Southern Area Oil Operations (SAOO); an organization within the Saudi Arabian Oil Company (ARAMCO), to show how manpower management can be used to achieve improved operations. For the years 1983 to 2004, manpower management in SAOO focused on addressing both the quantity and quality dimensions of manpower. First, the level of manpower gradually declined by 35% for both the Saudi Arab and Expatriate categories for the entire period. Expatriate labor is defined as labor in three main categories: US/Canadian, UK, and Asians and Other Arabs. Second, the level of training slowly increased to align manpower to better fit organizational functions and work responsibilities. Not only a number of new training and development programs were initiated but also the percentage of employees involved in such programs doubled from 4.5% in 1990 to 8.9% in 2004. Third, technology based initiatives such as the use of computers, Internet, and intranet were heavily introduced to employees in the last 10 yrs. Due to these three changes reduced costs and increased manpower efficiency were achieved. In the period 1983 to 2004 the total labor bill declined by 35% and Net Direct Expenditures NDE by 24% after adjusting for inflation and using 2004 dollars. Net Direct Expenditure NDE is defined by SAOO to be the summation of labor cost, material cost, invoices cost, and net service income. In addition two signs of improved efficiency of manpower were apparent in the same period. First, SAOO manpower, despite its smaller size, could actually sustain an increased

  5. Manitoba oil activity review, 1996

    International Nuclear Information System (INIS)

    1997-01-01

    This report is the annual review of Manitoba Crown oil and gas dispositions, mineral owner leasing and revenue, geophysical and drilling activity, areas of activity, oil production and markets, oil prices, value of production, provincial revenue from oil production, surface owners, spills and reclamation, municipal taxes, the Manitoba Drilling Incentive Program, oil reserves, oil industry expenditures, and industry employment. Highlights of the current year are included

  6. Manitoba oil activity review, 1995

    International Nuclear Information System (INIS)

    1996-01-01

    This report is the annual review of Manitoba Crown oil and gas dispositions, mineral owner leasing and revenue, geophysical and drilling activity, areas of activity, oil production and markets, oil prices, value of production, provincial revenue from oil production, surface owners, spills and reclamation, municipal taxes, the Manitoba Drilling Incentive Program, oil reserves, oil industry expenditures, and industry employment. Highlights of the current year are included

  7. H.R.1671: A bill to amend the Internal Revenue Code of 1986 with respect to the treatment of foreign oil and gas income, introduced in the House of Representatives, One Hundred Second Congress, First Session, April 9, 1991

    International Nuclear Information System (INIS)

    Anon.

    1991-01-01

    The bill explains special rules for foreign tax credit with respect to foreign oil and gas income by amending the following sections: certain taxes not creditable; separate baskets for foreign oil and gas extraction income and foreign oil related income; and elimination of deferral for foreign oil and gas extraction income. The effective date would be December 31, 1991

  8. Developing effective environmental and oil spill management for remote locations

    International Nuclear Information System (INIS)

    Smith, J.P.; Wardrop, J.; Kilborn, A.

    1994-01-01

    Historically, Exploration and Production (E and P) operators' environmental philosophy was a consequence of environmental damages, actual and perceived, caused by hydrocarbon spills. Pertamina/Maxus Southeast Sumatra, Inc. (Maxus), the largest offshore E and P operator in Indonesia has adopted a proactive philosophy as they operate offshore production and shipping facilities immediately adjacent to the Pulau Seribu (Thousand Island) National Marine Park and approximately 30 kilometers from the Southeast Sumatra coast. These ecosystems are of great concern to Indonesia and Maxus as they comprise approximately 250 km of tropical, sparsely inhabited coastline, 106 coral and lagoon islands, and habitats for numerous endangered species. This paper describes the contract zone within which Maxus operates; the environmental risks associated with E and P in this region; and Maxus' response to management of those risks. A significant component of Maxus' overall response has been the ESACOC project (Environmental Sensitivity and Characterization of Crude) undertaken during 1993. ESACOC is described here in regard to the use and interrelation of remote sensing, in-depth laboratory studies, and development of new sensitivity rankings techniques into one computer program for effective environmental and oil spill management. ESACOC illustrates the synthesis of seemingly diverse and unrelated data to develop an effective environmental management plan

  9. Revisiting the relevance of economic theory to hotel revenue ...

    African Journals Online (AJOL)

    Keywords: economic theory, hotels, revenue management, Big Data, hospitality education ... and the ease and quality in which pricing information is delivered to ...... Cornell Hotel and Restaurant Administration Quarterly, 25(2), 27–40.

  10. Construction contract revenue recording comparison

    Directory of Open Access Journals (Sweden)

    Hana Bohušová

    2008-01-01

    Full Text Available Publicly traded companies prepare their consolidated accounts in conformity with the international accounting standards (IAS/IFRS in accordance with the Regulation No. 1606/2002. This is obliged for all publicly traded joint-stock companies in the Czech Republic. Other companies prepare financial statements in accordance with national accounting standards. There are Accounting Act No. 563/1991 of Coll. and Regulation No. 500/2002 of Coll., Czech Accounting Standards in the Czech Republic. Both systems are based on different principles so there are many differences. The Czech Accounting System (CAS is based on the rules while IAS/IFRS are based on principles (Kovanicová, 2005. These differences are mainly caused by the different philosophy. CAS prefers the fiscal policy to the economic substance while IAS/IFRS prefere the economic substance. One of the most significant dif­fe­ren­ces is in the field of revenue recording. There are two standards concerning the revenues recording (IAS 18 − Revenue, IAS 11 – Construction Contracts in IAS/IFRS. CAS 019 – Expenses and Revenue are dealing with the revenue recording in the Czech Republic. The paper is aimed at the comparison of the methodical approaches for revenue recording used by IAS/IFRS and by CAS. The most important differences are caused by the different approach to the long term contracts (construction contracts, software development contracts revenues recording.

  11. Integrated Risk Management as a Factor of Competitiveness Increase of Oil and Gas Industry

    Directory of Open Access Journals (Sweden)

    Darya Nikolaevna Shabanova

    2016-06-01

    Full Text Available The article is dedicated to risk assessment and analysis (RAA in oil and gas industry. The article reviews current trends of risks’ assessment and management in oil and gas industry in relation to the activities of enterprises engaged in engineering design in the field of oil and gas processing considering the requirements of international standards (ISO. The classification of risks is provided with consideration of peculiar features of enterprises of Mineral Resources Sector. The authors present a review of major international and national standards, specifying the activities in risk management. It is shown that one of the modern trends of international standardization is a development of risk management and management of sustainable business based on the risk oriented approach. The authors have proposed the algorithm of risk management in oil and gas projects using the domestic software Business Studio, logically divided into following three stages: identification and assessment of project risks, development of risks mitigation measures and monitoring of project risks. The main indicators of the oil and gas complex of Russia (the volume of oil and gas, the primary oil refining, are the main risk factors for the oil and gas industry. The peculiarities of risk management are described in the form of an economic category. The article shows that risk can and should be controlled, in other words, certain measures should be applied to anticipate as many as possible the risk events and to reduce them.

  12. Overall management of risk in oil field development

    International Nuclear Information System (INIS)

    Bruce, R.L.; Minty, A.M.; Gregory, C.A.J.

    1996-01-01

    In the last decade, and particularly since 1988, significant effort and expenditure has been applied in the offshore sector to the reduction of risk. This risk has been measured in terms of fatalities and injuries to the workforce and the effectiveness of the investment to reduce risk has been assessed on the basis of potential lives saved or fatalities averted. Regulations, notably SI2015, have demanded that risks to personnel be reduced to levels that are 'as low as is reasonably practicable' or ALARP. The regulations state that operators must demonstrate that the risks have been reduced to ALARP levels and advise that this can be done using cost-benefit analysis. ALARP levels are achieved, they state, when the cost of further risk reduction is 'grossly disproportionate' to the benefits achieved. Although the ALARP criterion has caused confusion it has provided a sound philosophical basis for changing the nature of regulations from prescriptive to goal-setting. It could be inferred from this criterion, also, that an underlying principle for regulation could be that the goals/objectives of the regulators, operators and asset owners are entirely consistent. The authors of the paper believe that this concept can be applied to the overall management of risk of an organization. Oil field development and insurance purchase strategies can be cited as examples of how the techniques can be applied. The paper will seek to show how risk, decision-making and asset management can be integrated under an 'ALARP' style concept. (author)

  13. Federal offshore statistics: 1995 - leasing, exploration, production, and revenue as of December 31, 1995

    International Nuclear Information System (INIS)

    Gaechter, R.A.

    1997-01-01

    This report provides data on federal offshore operations for 1995. Information is included for leasing activities, development, petroleum and natural gas production, sales and royalties, revenue from federal offshore leasing, disbursement of federal revenues, reserves and resource estimates, and oil pollution in U.S. and international waters

  14. 3. quarter 2006 sales revenue

    International Nuclear Information System (INIS)

    2006-10-01

    This document presents the sales revenue of the 3. quarter 2006 for the Group AREVA. The sales revenues for the first nine months of 2006 are up by 8,1% to 7,556 millions euros; the nuclear operations are up by 5,2% reflecting strong performance in the front end division; the transmission and distribution division is up by 14%. (A.L.B.)

  15. Research and information needs for management of oil shale development

    Energy Technology Data Exchange (ETDEWEB)

    1983-05-01

    This report presents information and analysis to assist BLM in clarifying oil shale research needs. It provides technical guidance on research needs in support of their regulatory responsibilities for onshore mineral activities involving oil shale. It provides an assessment of research needed to support the regulatory and managerial role of the BLM as well as others involved in the development of oil shale resources on public and Indian lands in the western United States.

  16. Produced water management - clean and safe oil and gas production

    International Nuclear Information System (INIS)

    2006-01-01

    The conference contains 22 presentations on topics within pollution sources and abatement, discharge reductions, water analysis and monitoring, water production, treatment and injection, enhanced recovery, condensate water, produced water markets, separation technologies for oil/gas/condensate and water, oil removal from solids, environmental risks of oil and gas production and environmental impacts on ecosystems and fisheries. Some oil field case histories are presented. The main focus is on the northern areas such as the North Sea, the north Atlantic Ocean and the Barents Sea, and technological aspects (tk)

  17. Produced water management - clean and safe oil and gas production

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2006-07-01

    The conference contains 22 presentations on topics within pollution sources and abatement, discharge reductions, water analysis and monitoring, water production, treatment and injection, enhanced recovery, condensate water, produced water markets, separation technologies for oil/gas/condensate and water, oil removal from solids, environmental risks of oil and gas production and environmental impacts on ecosystems and fisheries. Some oil field case histories are presented. The main focus is on the northern areas such as the North Sea, the north Atlantic Ocean and the Barents Sea, and technological aspects (tk)

  18. Sound Waste Management Plan environmental operations, and used oil management system: Restoration project 97115. Exxon Valdez oil spill restoration project final report: Volumes 1 and 2

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1998-06-01

    This project constitutes Phase 2 of the Sound Waste Management Plan and created waste oil collection and disposal facilities, bilge water collection and disposal facilities, recycling storage, and household hazardous waste collection and storage, and household hazardous waste collection and storage facilities in Prince William Sound. A wide range of waste streams are generated within communities in the Sound including used oil generated from vehicles and vessels, and hazardous wastes generated by households. This project included the design and construction of Environmental Operations Stations buildings in Valdez, Cordova, Whittier, Chenega Bay and Tatitlek to improve the overall management of oily wastes. They will house new equipment to facilitate oily waste collection, treatment and disposal. This project also included completion of used oil management manuals.

  19. Sound Waste Management Plan environmental operations, and used oil management system: Restoration project 97115. Exxon Valdez oil spill restoration project final report: Volumes 1 and 2

    International Nuclear Information System (INIS)

    1998-06-01

    This project constitutes Phase 2 of the Sound Waste Management Plan and created waste oil collection and disposal facilities, bilge water collection and disposal facilities, recycling storage, and household hazardous waste collection and storage, and household hazardous waste collection and storage facilities in Prince William Sound. A wide range of waste streams are generated within communities in the Sound including used oil generated from vehicles and vessels, and hazardous wastes generated by households. This project included the design and construction of Environmental Operations Stations buildings in Valdez, Cordova, Whittier, Chenega Bay and Tatitlek to improve the overall management of oily wastes. They will house new equipment to facilitate oily waste collection, treatment and disposal. This project also included completion of used oil management manuals

  20. CAUSALITY BETWEEN TAX REVENUE AND GOVERNMENT SPENDING IN MALAYSIA

    OpenAIRE

    Roshaiza Taha; Nanthakumar Loganathan

    2008-01-01

    The trend of tax collection in Malaysia is inconsistent, changing upward and downward depending upon economic conditions. However, over a 30 year period, most years show an increasing increment in total collection. The exceptions are when there is an abnormal economic condition such as financial crisis, war or increase in world oil prices. Total tax revenue has always been a major contribution to Malaysia’s federal government revenue. Income tax is one of the surest ways to fund the governm...

  1. Estimation of Non-Revenue Water Ratio for Sustainable Management Using Artificial Neural Network and Z-Score in Incheon, Republic of Korea

    Directory of Open Access Journals (Sweden)

    Dongwoo Jang

    2017-10-01

    Full Text Available The non-revenue water (NRW ratio in a water distribution system is the ratio of the loss due to unbilled authorized consumption, apparent losses and real losses to the overall system input volume (SIV. The method of estimating the NRW ratio by measurement might not work in an area with no district metered areas (DMAs or with unclear administrative district. Through multiple regression analyses is a statistical analysis method for calculating the NRW ratio using the main parameters of the water distribution system, although its disadvantage is lower accuracy than that of the measured NRW ratio. In this study, an artificial neural network (ANN was used to estimate the NRW ratio. The results of the study proved that the accuracy of NRW ratio calculated by the ANN model was higher than by multiple regression analysis. The developed ANN model was shown to have an accuracy that varies depending on the number of neurons in the hidden layer. Therefore, when using the ANN model, the optimal number of neurons must be determined. In addition, the accuracy of the outlier removal condition was higher than that of the original data used condition.

  2. Využitie revenue managementu v oblasti Food and Beverage

    OpenAIRE

    Džambová, Adela

    2013-01-01

    The aim of this thesis is to introduce theoretical basis and practical review of actual revenue management usage in hospitality, espacially in the Food&Beverage Department. First chapter brings out the concept of revenue management from the view of its origin, development and integration into other industries. The second and third chapter describes different tools and approaches between the Rooms and Food&Beverage Department. The purpose of the last chapter is to compare revenue management us...

  3. Tax Revenue and Macroeconomic Growth in Nigeria: A Contextual Analysis

    OpenAIRE

    Miftahu Idris; Tunku Salhabinti Tunku Ahmad

    2017-01-01

    This paper aims at evaluating the influence of tax revenue on the macroeconomic management of the Nigerian economy using a conceptual approach. By so doing, a comprehensive review of the literature as well as in-depth analysis of tax structure are critically conducted. Undeniably, an insight that shows a precise influence or relationship between tax revenue and the nation’s growth can be regarded as a working tool for policymakers particularly in developing countries. In view of that, this pa...

  4. Management and legislative implications of recent oil spills

    International Nuclear Information System (INIS)

    Ehler, C.N.

    1990-01-01

    This paper presents information on the National Oceanic and Atmospheric Administration's role in actions following oil spills. Topics include: NDAA's scientific support coordination during oil spill responses, NDAA's involvement in the Exxon Valdez spill; measures that may be taken for improved spill response; NOAA's environmental damage assessment and restoration planning activities

  5. 40 CFR 271.26 - Requirements for used oil management.

    Science.gov (United States)

    2010-07-01

    ... to EPA under § 271.5) EPA to allow the use of used oil (that is not mixed with hazardous waste and... part 271, state programs shall have standards for the marketing and burning of used oil for energy...) and (b) Sec. 279.66(b) Sec. 279.72(b) 1 Contains additional new definitions that were not included in...

  6. Application of lidar and optical data for oil palm plantation management in Malaysia

    Science.gov (United States)

    Shafri, Helmi Z. M.; Ismail, Mohd Hasmadi; Razi, Mohd Khairil M.; Anuar, Mohd Izzuddin; Ahmad, Abdul Rahman

    2012-11-01

    Proper oil palm plantation management is crucial for Malaysia as the country depends heavily on palm oil as a major source of national income. Precision agriculture is considered as one of the approaches that can be adopted to improve plantation practices for plantation managers such as the government-owned FELDA. However, currently the implementation of precision agriculture based on remote sensing and GIS is still lacking. This study explores the potential of the use of LiDAR and optical remote sensing data for plantation road and terrain planning for planting purposes. Traditional approaches use land surveying techniques that are time consuming and costly for vast plantation areas. The first ever airborne LiDAR and multispectral survey for oil palm plantation was carried out in early 2012 to test its feasibility. Preliminary results show the efficiency of such technology in demanding engineering and agricultural requirements of oil palm plantation. The most significant advantage of the approach is that it allows plantation managers to accurately plan the plantation road and determine the planting positions of new oil palm seedlings. Furthermore, this creates for the first time, digital database of oil palm estate and the airborne imagery can also be used for related activities such as oil palm tree inventory and detection of palm diseases. This work serves as the pioneer towards a more frequent application of LiDAR and multispectral data for oil palm plantation in Malaysia.

  7. Material flow analysis for resource management towards resilient palm oil production

    Science.gov (United States)

    Kamahara, H.; Faisal, M.; Hasanudin, U.; Fujie, K.; Daimon, H.

    2018-03-01

    Biomass waste generated from palm oil mill can be considered not only as the feedstock of renewable energy but also as the nutrient-rich resources to produce organic fertilizer. This study explored the appropriate resource management towards resilient palm oil production by applying material flow analysis. This study was conducted based on two palm oil mills in Lampung, Indonesia. The results showed that the empty fruit bunch (EFB) has the largest potential in terms of amount and energy among the biomass waste. The results also showed that the palm oil mills themselves had already self-managed their energy consumption thatwas obtained from palm kernel shell and palm press fiber. Finally, this study recommended the several utilization options of EFB for improvement of soil sustainability to contribute towards resilient palm oil production.

  8. Implementation of Stock Inventory Policy in Indonesia PSC Contract : a Critical Review to Minimize Surplus and Dead Stock Inventory in Order to Optimize Government of Indonesia Revenue

    OpenAIRE

    Yoewono, Erie; Nizar, Adirizal

    2013-01-01

    Upstream oil and gas industry is vital to Indonesian economy, more than 30% of states revenues generated from the sale of crude oil and natural gas. Government of Indonesia (GOI) is the holder of mining rights and in practice can delegate the mining rights to both local and foreign contractors to be managed in the form of production sharing. This model known as Production Sharing Contract (PSC). One of the feature of PSC contract is the reimbursement on costs incurred by the contractors in th...

  9. Data as a revenue model

    DEFF Research Database (Denmark)

    Bechmann, Anja; Bilgrav-Nielsen, Kristine; Korsgaard Jensen, Anne-Louise

    2016-01-01

    Does data solve the crisis in legacy news companies? This article discusses data as a revenue model and the use of editorial algorithms to curate content and still meet public values. Furthermore, the article criticizes the news companies for using data in traditional advertisement revenue models......, which have proved difficult to uphold. Instead we need to focus on public values along with micro segment data in what are here termed social responsible algorithms. We also need to continue the discussion on the very concept of news and to experiment with news ‘packaging’ that are not derived from...

  10. INTERNATIONAL ACCOUNTING TREATMENT REGARDING REVENUE

    Directory of Open Access Journals (Sweden)

    ECOBICI NICOLAE

    2014-08-01

    Full Text Available This paper discusses the news on international accounting treatments of revenue arising from the extensive process of convergence between IASB and FASB that began in 2002. The starting point of this approach is to identify the treatments currently applicable to income. Finally we presented a summary of the main provisions of the new standard IFRS 15 “Revenue from Contracts with Customers”, which replaces IAS 11 and IAS 18 (as well as a number of SIC and IFRIC interpretations required to be applied from January 1, 2017, emphasizing the potential impact on entities.

  11. Oil spills and AI: How to manage resources through simulation

    International Nuclear Information System (INIS)

    Giribone, P.; Bruzzone, A.G.; Caddeo, S.

    1995-01-01

    Today, in the Mediterranean theater of the Upper Tyrrhenian, the ecological risk involving oil installations is still quite high. This is due to the fact that valuable environmental and tourist areas exist together with large industrial and port structures; in particular, recent events have demonstrated the danger involving oil spills along the Ligurian coastline. This study proposes an approach to plan the operations that should be performed when accidents occur, based on the use of AI techniques

  12. Modelling Oil‑Sector Dependency of Tax Revenues in a Resource Rich Country: Evidence from Azerbaijan

    Directory of Open Access Journals (Sweden)

    Akif Musayev

    2017-01-01

    Full Text Available Forecasting tax revenues is an important issue in budget planning. As a resource rich country, Azerbaijan’s budget revenues is severely depend on oil price and production levels. This study investigates oil sector dependency of state budget tax revenues in case of Azerbaijan by employing FMOLS, DOLS and CCR cointegration methods for the period of 2000Q1 – 2015Q2. Empirical results indicate statistically and economically significant positive long‑run impact of both oil related factors on tax revenues. Considering current fiscal challenges in the country, research findings are very useful for policy purposes and fills the gap in the literature by drawing mechanism of the association and estimating the relationship empirically.

  13. How To Increase Advertising Revenue.

    Science.gov (United States)

    Mitchell, Carmen

    1995-01-01

    Describes advertising sales strategies to help faculty advisers of community college newspapers increase revenues. Argues that sales representatives should know their product well and maintain demographic information on the paper's readership. Includes strategies for organizing advertising staff, searching for potential clients, and taking charge…

  14. Environmental liability and life-cycle management of used lubricating oils.

    Science.gov (United States)

    Guerin, Turlough F

    2008-12-30

    Used oil handling, as a business, requires an extensive understanding by management that environmental liabilities exist through its supply chain. Findings from a review of the legal requirements of operating a used oil handling business were: understanding the transfer of ownership of used petroleum hydrocarbons is critical to any such business and how this is documented; used oil handlers are responsible for providing training to their staff, including site personnel and any third party waste contractors, and for communicating best practice procedures relating to the management of used petroleum hydrocarbons to all those individuals and organisations involved in business relationships that the used oil handling companies have; used oil handlers should audit the performance of any third party contractors that it engages to conduct work on behalf of its customers. Hypothetical situations of a company planning to enter the used oil handling market are described in relation to petroleum hydrocarbon wastes it handles to illustrate the range of potential liabilities. Companies proposing to establish a used oil handling business should ensure that they provide accurate advice to its employees, its customer's employees and to its third party contractors, all of which may be responsible for handling used petroleum hydrocarbons as part of the service it intends to provide, and that it has a well documented system addressing how environmental issues are managed.

  15. Dutch Gas Revenues and Fiscal Policy. Theory versus practice

    International Nuclear Information System (INIS)

    Wierts, P.; Schotten, G.

    2008-01-01

    The Dutch government's revenues from natural gas fluctuate heavily and will dry up within several decades. According to the academic literature, only the permanent return on gas wealth should be included as income on the government's annual budget. This would prevent a deterioration in net wealth, and provide the budget with a stable source of income from which future generations can also benefit. On the basis of conservative estimates, it follows from our calculations that the Netherlands could count on a permanent annual flow of receipts of around eur 2.5 billion. In practice, however, gas revenues are included directly in the budget, while a part is reserved for investment via the Economic Structure Reinforcement Fund (Fonds Economische Structuurversterking). Using gas revenues for debt reduction, higher spending or lower taxes are political choices made anew by every new government. Our estimation results for the period 1975-2007 show that of a 1% of GPD rise/fall in gas revenues, 0.8 percentage point goes to easing/tightening policy and 0.2 percentage point to an increase/decrease of the budget balance. In the light of the recent fluctuations in oil and gas prices, preserving the stock of wealth from natural gas resources should become more important for the budgetary treatment of gas revenues in the Netherlands [nl

  16. Effects of soil management practices on soil fauna feeding activity in an Indonesian oil palm plantation

    OpenAIRE

    Tao, Hsiao-Hang; Slade, Eleanor M.; Willis, Katherine J.; Caliman, Jean Pierre; Snaddon, Jake Lanion

    2016-01-01

    Optimizing the use of available soil management practices in oil palm plantations is crucial to enhance long-term soil fertility and productivity. However, this needs a thorough understanding of the functional responses of soil biota to these management practices. To address this knowledge gap, we used the bait lamina method to investigate the effects of different soil management practices on soil fauna feeding activity, and whether feeding activity was associated with management-mediated cha...

  17. Strategic Global Logistics Management for Sourcing Road Oil in the U.S.

    Directory of Open Access Journals (Sweden)

    Raj Bridgelall

    2017-12-01

    Full Text Available The demand for asphalt and road oil heavily leverages local supply because the product is a hot binder of aggregates that form the final mix needed to pave roads. This paper discusses the supply chain characteristics of crude oil feedstock by considering the overall logistics of sourcing heavy crude oil domestically, or importing it from international trading partners. Heavy crude oil is a source of asphalt and road oil production. The study examines critical global and domestic logistics factors such as customs, regulations, security, environmental compliance, and natural events that will affect costs, schedules, and risks. The study provides a framework for decision-making in sourcing the feedstock. The study helps global logisticians and transportation managers improve strategic design and planning towards efficient sourcing.

  18. 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

  19. Corruption and reduced oil production: An additional resource curse factor?

    International Nuclear Information System (INIS)

    Al-Kasim, Farouk; Søreide, Tina; Williams, Aled

    2013-01-01

    Prominent contributions to the resource curse literature suggest weak governance and corruption are important factors behind the wide welfare variations observed among oil producing countries. How weak governance and corruption influence revenue management and expenditure decisions, as well as the possible welfare benefits derived from oil, are broadly discussed. How they impact upon volumes of oil produced has, however, attracted little attention. This paper combines a review of the resource curse and oil production literatures with findings from qualitative interviews with oil sector experts to appreciate the feasibility of connections between corruption and oil production below its potential. We make particular reference to environments where regulatory institutions or political accountability are weak and focus primarily on producer government and oil firm relations. Drawing on insights from geology, political science and economics, we suggest suboptimal production solutions can impact volumes of oil actually produced and create constraints on long term revenues for oil producing countries. We argue greater disclosure of information on oil production efficiency on a field-by-field and country-by-country basis will assist further investigation of the relationships between corruption and volumes of oil produced. - Highlights: ► We combine a literature review with qualitative interviews with oil experts. ► We focus on feasible connections between corruption and oil production levels. ► We suggest suboptimal production solutions can impact volumes of oil produced. ► Corruption may reinforce suboptimal oil production. ► More data on oil production efficiency by field and country will assist research

  20. Recycling carbon revenues: transforming costs into opportunities

    International Nuclear Information System (INIS)

    Vaidyula, Manasvini; Alberola, Emilie

    2016-01-01

    Governments worldwide generated $26 billion in 2015 in carbon pricing revenues. The benefits and co-benefits of carbon pricing can be enhanced by recycling carbon revenues. Revenue allocation decisions made by governments are vital as these revenues can help shift the narrative on carbon pricing from 'burden to benefit'. Existing carbon pricing schemes can provide useful feedback on revenue recycling. A well-positioned decision-making and governing framework is required to ensure the efficient recycling of carbon revenues

  1. Naval Petroleum and Oil Shale Reserves. Annual report of operations, Fiscal year 1992

    Energy Technology Data Exchange (ETDEWEB)

    1992-12-31

    During fiscal year 1992, the reserves generated $473 million in revenues, a $181 million decrease from the fiscal year 1991 revenues, primarily due to significant decreases in oil and natural gas prices. Total costs were $200 million, resulting in net cash flow of $273 million, compared with $454 million in fiscal year 1991. From 1976 through fiscal year 1992, the Naval Petroleum and Oil Shale Reserves generated more than $15 billion in revenues and a net operating income after costs of $12.5 billion. In fiscal year 1992, production at the Naval Petroleum Reserves at maximum efficient rates yielded 26 million barrels of crude oil, 119 billion cubic feet of natural gas, and 164 million gallons of natural gas liquids. From April to November 1992, senior managers from the Naval Petroleum and Oil Shale Reserves held a series of three workshops in Boulder, Colorado, in order to build a comprehensive Strategic Plan as required by Secretary of Energy Notice 25A-91. Other highlights are presented for the following: Naval Petroleum Reserve No. 1--production achievements, crude oil shipments to the strategic petroleum reserve, horizontal drilling, shallow oil zone gas injection project, environment and safety, and vanpool program; Naval Petroleum Reserve No. 2--new management and operating contractor and exploration drilling; Naval Petroleum Reserve No. 3--steamflood; Naval Oil Shale Reserves--protection program; and Tiger Team environmental assessment of the Naval Petroleum and Oil Shale Reserves in Colorado, Utah, and Wyoming.

  2. Increasing Waterflood Reserves in the Wilmington Oil Field through Improved Reservoir Characterization and Reservoir Management

    Energy Technology Data Exchange (ETDEWEB)

    Clarke, D.; Koerner, R.; Moos D.; Nguyen, J.; Phillips, C.; Tagbor, K.; Walker, S.

    1999-04-05

    This project used advanced reservoir characterization tools, including the pulsed acoustic cased-hole logging tool, geologic three-dimensional (3-D) modeling software, and commercially available reservoir management software to identify sands with remaining high oil saturation following waterflood. Production from the identified high oil saturated sands was stimulated by recompleting existing production and injection wells in these sands using conventional means as well as a short radius redrill candidate.

  3. Blueprint and Approach to Grow Revenue in Small Technology Companies

    Directory of Open Access Journals (Sweden)

    Tony Bailetti

    2010-05-01

    Full Text Available This article examines a new approach to grow the revenue of small technology companies and technology startups. We name this new approach the business ecosystem approach. The article is organized into five sections. The first section provides a blueprint to grow revenue and an inventory of growth formulas that top management teams of small technology companies and founders of startups find useful. The second section briefly defines business ecosystems, keystones and platforms. The third section describes the business ecosystem approach to grow the revenue of small technology companies and technology startups. It compares the traditional and business ecosystem approaches to growing revenue; identifies when the business ecosystem approach works better than the traditional approach; explains what small companies and startups need to do to grow revenue using the business ecosystem approach; and describes the benefits and risks of implementing the business ecosystem approach. The fourth section compares three approaches to growing revenue and highlights the differences between i business ecosystems and development communities and ii the business ecosystem approach and outsourcing. The fifth section identifies the key decisions a small technology company or technology startup needs to make to become the keystone that anchors a business ecosystem.

  4. A new approach to the management of cumulative environmental impacts, the Alberta Oil Sands area

    International Nuclear Information System (INIS)

    Weagle, K.V.

    2002-01-01

    Resource development in the oil sand industry of Northeastern Alberta is enjoying a wave of renewed interest fuelled in part by changes made in the tax and royalty structure for oil sands developments in the province, the development of new technology and the price of oil. Announcements were made of investments totalling approximately 51 billion dollars in the oil sand industry over the next ten years in all deposits. The issue of cumulative environmental effects has been amplified accordingly. In June 2000, an association was formed, the Cumulative Environmental Management Association (CEMA), consisting of stakeholders and based on consensus, with a mandate to address 72 issues related to potential cumulative impacts in the expanded development of the Wood Buffalo Region. Five working groups were formed, as well as three standing committees. To mitigate the cumulative effects, the working groups and standing committees are working on management objectives, management systems and research recommendations. The regulatory bodies receive the recommendations, and the implementation process involves the issuance of permits and licenses. Research and monitoring activities play a vital role in the environmental management system and are part of other current environmental initiatives. Some of the initiatives are managed by the Wood Buffalo Environmental Association, Regional Aquatics Monitoring Program, and the Canadian Oil Sands Network for Research and Development. These organizations touch on topics including air quality monitoring, aquatics monitoring and environmental research. 1 fig

  5. 78 FR 18547 - Oil Shale Management-General

    Science.gov (United States)

    2013-03-27

    ... the future below the point at which oil shale production would be profitable (i.e., competitive with... competition, employment, investment, productivity, innovation, or on the ability of United States-based..., innovation, or on the ability of United States-based enterprises to compete with foreign- based enterprises...

  6. The Elephant in The Ground: Managing Oil and Sovereign Wealth

    NARCIS (Netherlands)

    van den Bremer, T.; van der Ploeg, F.; Wills, S.

    2016-01-01

    One of the most important developments in international finance and resource economics in the past twenty years is the rapid and widespread emergence of the $6 trillion sovereign wealth fund industry. Oil exporters typically ignore below-ground assets when allocating these funds, and ignore

  7. Decoupling Revenue from Energy Sales

    International Nuclear Information System (INIS)

    Potocnik, V.

    2011-01-01

    Energy sector based on the fossil fuels combustion has the largest greenhouse gases emissions, causing the actual climate change with numerous negative impacts. Therefore, different measures for the climate change mitigation are performed, mostly by increasing ENEF-energy efficiency (saving), and by substituting fossil fuels with renewable energy (RE), mainly with limited results. One of the most serious obstacles for implementation of these measures is an opposition of the energy utilities (power and natural gas), whose energy sales, revenue and profit are thus reduced. Consequently, new solutions are asked to decouple utilities revenues from energy sales. Decoupling has started in the US, where most states have at least one utility with some decoupling experience. California has pioneering role since 1982., with impressive results. (author)

  8. Identification, Verification, and Compilation of Produced Water Management Practices for Conventional Oil and Gas Production Operations

    Energy Technology Data Exchange (ETDEWEB)

    Rachel Henderson

    2007-09-30

    The project is titled 'Identification, Verification, and Compilation of Produced Water Management Practices for Conventional Oil and Gas Production Operations'. The Interstate Oil and Gas Compact Commission (IOGCC), headquartered in Oklahoma City, Oklahoma, is the principal investigator and the IOGCC has partnered with ALL Consulting, Inc., headquartered in Tulsa, Oklahoma, in this project. State agencies that also have partnered in the project are the Wyoming Oil and Gas Conservation Commission, the Montana Board of Oil and Gas Conservation, the Kansas Oil and Gas Conservation Division, the Oklahoma Oil and Gas Conservation Division and the Alaska Oil and Gas Conservation Commission. The objective is to characterize produced water quality and management practices for the handling, treating, and disposing of produced water from conventional oil and gas operations throughout the industry nationwide. Water produced from these operations varies greatly in quality and quantity and is often the single largest barrier to the economic viability of wells. The lack of data, coupled with renewed emphasis on domestic oil and gas development, has prompted many experts to speculate that the number of wells drilled over the next 20 years will approach 3 million, or near the number of current wells. This level of exploration and development undoubtedly will draw the attention of environmental communities, focusing their concerns on produced water management based on perceived potential impacts to fresh water resources. Therefore, it is imperative that produced water management practices be performed in a manner that best minimizes environmental impacts. This is being accomplished by compiling current best management practices for produced water from conventional oil and gas operations and to develop an analysis tool based on a geographic information system (GIS) to assist in the understanding of watershed-issued permits. That would allow management costs to be kept in

  9. Integrated sulphur management : gas, oil sands, reclamation and the challenges of fluctuating demand

    International Nuclear Information System (INIS)

    Pineau, R.

    2009-01-01

    International Commodities Export Corporation is a privately held company that provides fully integrated service offerings to add maximum value in designing, building, owning, and operating sulphur assets. The company also offers in-house, engineering, procurement and project management, as well as supply management, transportation and distribution services. It also has expertise in marine transportation. This presentation discussed integrated sulphur management, with particular focus on gas, oil sands, reclamation and the challenges of fluctuating demand. The presentation provided an overview of the sulphur market and oil sands sulphur. Key considerations for oil sands producers were also presented. The challenges of fluctuating demand include price and volume considerations; logistics; geography and distance to market; export/offshore versus domestic/United States; seasonal considerations; and an inelastic sulphur market. The presentation concluded with a status update of ICEC's initiative and the advantages of Prince Rupert, an economically viable export infrastructure to producers without onsite forming facilities. figs

  10. Successful water management for the oil sands industry

    International Nuclear Information System (INIS)

    Braun, B.

    2003-01-01

    Water is a key requirement to produce oil from thermal oil sands projects. Historically, water was considered as a renewable resource that could be used when necessary. Water use is currently examined in a wider context. Canadian Natural Resources Limited has used fresh water for thermal projects in the past, including its thermal operations at Primrose and Wolf Lake. However, technical advancements have made it possible to use recycled water. This allows companies to survive within their licenses while increasing production. Other advances include the use of brackish water, and innovations such as using depleted reservoir sections to store water to increase the use of recycled water. It was noted that brackish water resources need to be mapped and understood in greater detail. The objective is to use brackish water at a cost equal to, or less, than fresh water

  11. Surface and groundwater management in the oil sands industry

    International Nuclear Information System (INIS)

    Dixon, D.G.; Barker, J.

    2004-02-01

    A study was conducted to examine the sublethal effects of oil sands constituents on gill and liver histopathology and fish reproduction. Field studies of food web dynamics were conducted using stable isotopes, including oil sands constituents degradation isotope studies. The objective was to determine changes in food web dynamics associated with reclamation methods and maturity using stable isotopes. The study related changes in toxicity to changes in ground and surface naphthenic acids concentration and composition. It also demonstrated the natural attenuation of toxic chemicals as they travel through groundwater to potential surface water receptors. A methodology was developed to assess the natural attenuation capacity for future situations involving process-affected groundwater of different chemistry with different critical potential contaminants such as sulphides, metals, and specific organics. The mobility and natural attenuation of process water chemicals migrating in groundwater was also assessed. tabs., figs

  12. 46 CFR Sec. 3 - Accounting for revenues.

    Science.gov (United States)

    2010-10-01

    ... 46 Shipping 8 2010-10-01 2010-10-01 false Accounting for revenues. Sec. 3 Section 3 Shipping... FINANCIAL TRANSACTIONS UNDER AGENCY AGREEMENTS Accounting for Revenues Sec. 3 Accounting for revenues. (a... shipper, consignee, weight or measurement, freight rate and basis (whether the freight rate applies on...

  13. Improvement in supply chain management for oil and gas sector using drag reduction theory

    International Nuclear Information System (INIS)

    Anjum, A.A.; Chughtai, A.; Shafeeq, A.; Muhammad, A.

    2010-01-01

    Supply chain management is an integrative philosophy about managing the flow of distribution channels from supplier to the consumer. PARCO, an oil and gas company in Pakistan has three existing pipelines. Out of three, two pipelines are running parallel from Karachi to Mehmood kot. One pipeline is of crude oil and meeting the demand of PARCO refinery while second pipeline is of High Speed Diesel (HSD) and third pipeline is of (HSD and Kerosene) running from Mehmood Kot to Machhike (Sheikhupura). PARCO supply petroleum products from Shikarpur, Mehmood Kot, Faisalabad and Machhike to oil marketing companies (OMCs) as per their share, standard and demand. The purpose of these pipelines is to meet the country demand for petroleum products at various locations all over Pakistan. In the peak season when OMCs have high demand and receipt of product from PARCO pipelines are less, there is a need to enhance the flow rate of oil inside the PARCO pipelines to fulfill the demand of OMCs. This could be done economically by the application of drag reduction theory. So by injecting drag reducer, dragging of the oil inside the pipeline could appreciably be reduced thereby improving the pumping of oil. (author)

  14. Norway's petroleum revenues. What is done, what to be done, and how to do it

    International Nuclear Information System (INIS)

    Skaanland, H.

    1996-01-01

    This paper discusses the petroleum revenues in Norway. Themes dealt with are components of the petroleum revenues, concentration on the State''s revenues, relevance of risk elements for the recovery rate, influence of recovery rate on the rate of application of funds, rate of application of funds - the greatest socio-economic risk by recovery, risk elements by investment, administration, strategic management, and connection to the National Insurance. 3 figs

  15. The U.S. Minerals Management Service - oil spill response research program

    International Nuclear Information System (INIS)

    Mullin, J.V.

    1998-01-01

    The Minerals Management Service (MMS), is the principal U.S. Government agency funding offshore oil spill response research. The MMS, a bureau of the Department of the lnterior, maintains a comprehensive Oil Spill Response Research program in support of oil spill prevention and response. Through funding provided by MMS, scientists and engineers from the public and private sectors worldwide are working to address outstanding gaps in information and technology concerning the cleanup of oil spills. A large portion of the program is executed through cooperation with major research centers to leverage funds and maximize sharing of research results. This paper outlines the program, its goals, results from recently funded projects and future research directions. (author)

  16. Mind the Gap: Dealing with Resource Revenue in Three Provinces

    Directory of Open Access Journals (Sweden)

    Ronald D. Kneebone

    2015-04-01

    Full Text Available Alberta, Saskatchewan, Newfoundland and Labrador have each enjoyed a “rags to riches” story. Each of these provinces entered Confederation as poor cousins relative to the rest of the country; Alberta and Saskatchewan in 1905 and Newfoundland and Labrador in 1949. Rather remarkably, almost exactly four decades after entering Confederation each province began to enjoy the strong economic growth resulting from the development of their natural resources; Alberta and Saskatchewan in the late 1940s with the discovery of large pools of oil and Newfoundland and Labrador in the early 1990s with the development of off-shore oil. The governments of these provinces have similarly enjoyed the benefits of large amounts of revenue realized from the sale of these natural resources. In 2013-14, resource revenues accounted for 21 per cent, 22 per cent and 32 per cent of provincial revenues in Alberta, Saskatchewan, Newfoundland and Labrador, respectively. Unfortunately, the benefit of receiving large amounts of resource revenue must be weighed against two costs. The first is that these revenues, having flowed into provincial coffers without the need to impose high tax rates on citizens, are easily spent. The second cost is that the prices of resources are determined in international markets and so a significant amount of the revenues of these provinces is largely unpredictable and often volatile. All three provinces have fallen prey to the temptation to allow a large fiscal gap to open between the costs of providing health care, education, social assistance and other areas of provincial responsibility and the taxes imposed on citizens to pay for these services. Doing so has put all three provinces at financial risk should resource prices fall. Using a newly constructed data set spanning the period 1970 to 2014, I review the history of how Alberta and Saskatchewan have dealt with commodity price shocks and what this has meant for provincial finances. With that

  17. NEW APPROACHES ON REVENUE RECOGNITION AND MEASUREMENT

    Directory of Open Access Journals (Sweden)

    Cristina-Aurora, BUNEA-BONTAȘ

    2014-11-01

    Full Text Available Revenue is an important indicator to users of financial statements in assessing an entity's financial performance and position. International Financial Reporting Standard 15 Revenue from Contracts with Customers (IFRS 15 issued in May 2014 provides a robust framework for addressing revenue issues. The standard establishes principles for reporting useful information to users of financial statements about the nature, amount, timing and uncertainty of revenue and cash flows arising from an entity's contracts with customers. This article outlines the basic principles that an entity should must apply to measure and recognise revenue and the related cash flows.

  18. Oils

    Energy Technology Data Exchange (ETDEWEB)

    Fabbri, S

    1909-11-29

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

  19. Brazil: New Developmentalism and the Management of Offshore Oil Wealth

    Directory of Open Access Journals (Sweden)

    Giorgio Romano Schutte

    2013-10-01

    Full Text Available Since the 1930s development strategies in Brazil have made reducing its dependence on imported energy one of their priorities. Efforts focused on hydro-electric power, ethanol and oil. Offshore oil exploration by the state oil company Petrobras began in the 1970s and resulted in energy independence by 2006. In the same year, however, unexpectedly large oil reserves were discovered in the so-called Pre-Salt levels, transforming the country into a potential major oil exporter. This new reality creates major challenges for Brazil. New legislation and new policies have been set up to use this opportunity to accelerate development. The discussion on how to make the best use of offshore oil resources is guided by a so-called neo-developmentalism approach, introduced during President Lula’s second term. In practice this means a modest increase in state control with new regulations focused on local content. Special attention should be given to expanding research and development activities. Foreign capital and technology are welcome as long as they are willing to operate in the framework of a national development strategy. This paper will examine the main features and challenges of these new policies within the broader framework of the present discussion on neo-developmentalism in Brazil.Resumen: Brasil: Nuevo desarrollismo y la gestión de la riqueza petrolífera offshoreDesde los años treinta del siglo pasado, las estrategias de desarrollo en Brasil se han propuesto como una de sus prioridades reducir su dependencia de la energía importada. Los esfuerzos se enfocaron en la energía hidroeléctrica, en el etanol y en el petróleo. Las prospecciones petrolíferas offshore llevadas a cabo por la petrolera estatal Petrobras empezaron en los años setenta y tuvieron como resultado la independencia energética en 2006. Sin embargo, ese mismo año, se descubrieron inesperadamente grandes reservas de petróleo en los niveles llamados pre-sal, que

  20. Building Hotel Revenues through Tourism

    Directory of Open Access Journals (Sweden)

    John D. Murtha, CHA

    2013-01-01

    Full Text Available When evaluating ways to maximize revenues, hotel executives should consider supporting the efforts of local destination marketing organizations. Helping to build and sustain travel to a city or region can benefit individual hotels, by combining resources and energy on marketing tactics that would otherwise be too ambitious or costly for a single property to pursue on its own. The market in Boston and adjacent Cambridge, Massachusetts offers an interesting case study for understanding the interaction of hotels and destination marketing organizations. The author includes action steps for hoteliers who would like to become more involved in such efforts.

  1. Vegetable oil as fuel for electric power generation at Rondonia, BR, small agglomerate as way of revenue generation; Oleo vegetal como combustivel para energia eletrica em pequenos aglomerados de Rondonia como forma de geracao de renda

    Energy Technology Data Exchange (ETDEWEB)

    Moret, Artur de Souza [Fundacao Universidade Federal de Rondonia (UNIR), Porto Velho, RO (Brazil)]. E-mail: amoret@unir.br

    2006-07-01

    This text approaches the question energy having as based alternative combustible reference in vegetal oils and the Decentralized Generation of Energy, for attendance of isolated systems and with small load, having as conceptual base the partner-economic-ambient sustain ability, being the economic chain of the entailed and conditional energy to the ambient, social aspects, technician, politicians, financiers and economics. This text intends to demonstrate to the mechanisms used in a research and development project (P and D) for the determination and domain of energy generation, electricity and power, from vegetal oils of suitable oleaginous to the State of Rondonia for a Extractive Reserve. Having as reference the contribution for the local and sustainable development of isolated localities, for the generation of job and income, for the energy self-sufficiency of isolated localities and to make available alternative to the companies of the electric sector of energy availability of isolated communities. (author)

  2. Revisiting the relevance of economic theory to hotel revenue ...

    African Journals Online (AJOL)

    This paper explores the role of economics in hospitality education and industry practice, with a particular focus on revenue management, and puts forward an argument for a return to the inclusion of economic theory in UK hospitality education, not seen since the 1990s. Given the increasing amounts of pricing data available ...

  3. Energy crisis management: ways to cope with disruption in oil supply

    Energy Technology Data Exchange (ETDEWEB)

    Kanoh, T

    1981-03-10

    The causes and impacts of past oil-supply disruptions are examined in terms of the effectiveness of management strategies used to deal with the crisis. Progress is noted in the recent decline of US imports, augmented oil stockpiles, a turnaway from the spot market, oil self-sufficiency for Britain, conservation programs in France, price decontrol in Canada, and alternative energy projects in Japan. The International Energy Agency (IEA) plans to develop an emergency scheme that first seeks to minimize the chance of a crisis arising and then to minimize adverse impacts should one occur. The first part of the strategy incorporates demand management, increased energy production, cooperation between producing and consuming countries, and political stability. The emergency measures for dealing with an actual crisis will emphasize life and safety. 15 references. (DCK)

  4. 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.

  5. The federal law of the Revenue Agency responsibility, the national oil industry and the determination of the average price of the Mexican mixture for export: implications and limitations; La ley federal de responsabilidad hacendaria, la industria petrolera nacional y la determinacion del precio promedio de la mezcla mexicana de exportacion: implicaciones y limitaciones

    Energy Technology Data Exchange (ETDEWEB)

    Baltierra, Lauro; Huerta, Carlos E.; Ruiz Alarcon, Fluvio Cesar [LX legislatura, Camara de Diputados, Mexico, D.F. (Mexico)

    2006-11-15

    The present article refers to the implications that result from the promulgation, in April, 2006, of the Ley Federal de Presupuesto y Responsabilidad Hacendaria (Federal Law of Budget and Revenue Agency Responsibility) in the national oil industry and in the country's economy, when allowing a financing process of the sector, as well as the implications that are originated of the immovable fixation of the petroleum price by legal enforcement. As this limits the constitutional powers of the House of Representatives when denying the faculty, that exerted until the expedition of the Law, of evaluating the estimations of the Federal Executive with respect to the average price of the Mexican mixture for export. In the first section a balance is made of how the Presupuesto de Egresos de la Federacion projects itself as an instrument to restrain the public investment in the oil sector. In the second section aspects related to the estimation of the oil price from the Ley Federal de Presupuesto y Resposabilidad Hacendaria (Federal Law of Budget and Revenue Agency Responsibility) are taken care of, indicating the inconsistency that means to establish a formula for the determination of the same. In the third section, the sub-valuation of the crude prices is addressed as a key factor for the discretional use of the oil surpluses. In the fourth section, the General Criteria of Economic Policy for year 2007 are analyzed, that according to the new Federal Law of Budget and Revenue Agency Responsibility was sent to the House of Representatives by the Federal Executive in the month of April. Finally, the estimations of the Mexican mixture for export for 2007 are presented, that to the consideration of the authors, will oscillate between 50 and 51 dollars as annual average. [Spanish] El presente articulo refiere las repercusiones que resultan de la promulgacion, en abril de 2006, de la Ley Federal de Presupuesto y Responsabilidad Hacendaria en la industria petrolera nacional y

  6. An approach to managing cumulative effects to groundwater resources in the Alberta oil sands

    International Nuclear Information System (INIS)

    Fennell, J.; Forrest, Francine; Klebek, Margaret

    2011-01-01

    In the Athabasca region of Northern Alberta, oil sands activity has raised many concerns over how mining and extracting processes might affect groundwater quality and quantity. The groundwater management framework was developed by Alberta Environment to address these concerns by identifying and managing the potential environmental effects of oil sands activity on groundwater in a science-based manner. This paper develops the framework using risk identification and performance monitoring. The decision-making approach was conducted using decision support tools such as modeling, monitoring and management. Results showed the complexity and variability of groundwater conditions in the Athabasca region and pointed out that knowledge in this area is still developing. This paper presented how the groundwater management framework was developed and pointed out that it will have to be updated as new information arrives.

  7. An Evaluation of Management Perspectives of Sustainability Reporting in the Nigerian Oil Industry

    OpenAIRE

    Uzonwanne, Godfrey; Yekini, Cecilia Olukemi; Yekini, Sina; Otobo, Paul

    2014-01-01

    Purpose: This article investigates the perspectives of managers involved in sustainability reporting in the Nigerian oil industry. Design/Methodology: The article adopts a survey methodology in its approach to conduct this investigation. The survey employed a structured interview to investigate five themes built around the motivation for sustainability reporting within these organizations, hierarchical responsibility for sustainability reporting, the organizations objectives relative to t...

  8. Proceedings of the 1992 SPE oil and gas economics, finance and management conference

    International Nuclear Information System (INIS)

    Anon.

    1992-01-01

    This volume contains the proceedings of the SPE 1992 Oil and Gas Economics, Finance and Management Conference. Topics covered include: Iran's petroleum industry, planning and control of reserves, natural gas supply and demand. petroleum investment and exploration contracts, and project financing

  9. Workshop on managing seafood during the response phase of an oil spill

    International Nuclear Information System (INIS)

    Mearns, A. J.; Yender, R.

    1997-01-01

    Issues related to managing seafood fisheries problems during the response phase of an oil spill were discussed. Fishery closure case histories, agency responsibilities, testing seafood for tainting and contamination, closure alternatives, and health risk assessment methods were reviewed. Areas requiring further research were identified. 14 refs.,

  10. Conflict Approaches of Effective Project Manager in the Upstream Sector of Indonesian Oil & Gas Industry

    Directory of Open Access Journals (Sweden)

    Adhi Cahyono

    2012-10-01

    Full Text Available Conflict can be functional or dysfunctional to the organization’s performance. This study focused on the relationship between conflict approaches implemented by the project manager based on project team member’s perception on the effectiveness of the project manager in managing project’s conflict. Questionnaires were modified from Barker et al. (1988 to measure conflict management approaches and outcomes of managing project conflict. Data were gathered from 57 respondents who worked in the Engineering, Procurement, and Construction (EPC contractors serving the upstream sector of the Oil and Gas industry in Indonesia. By using Pearson correlation, result of this study indicated that project managers were perceived to be effective in managing project conflict when implementing cooperative and confi rmative approaches, but ineffective when combining competitive and avoidance approaches. Further research should investigate correlation between cultural dimensions with conflict approaches and outcomes of managing conflict.

  11. Net lost revenue from DSM: State policies that work

    Energy Technology Data Exchange (ETDEWEB)

    Baxter, L.W.

    1995-07-01

    A key utility regulatory reform undertaken since 1989 allows utilities to recover the lost revenue incurred through successful operation of demand-side management (DSM) programs. Net lost revenue adjustment (NLRA) mechanisms are states preferred approach to lost revenue recovery from DSM programs. This paper examines the experiences states and utilities are having with the NLRA approach. The paper has three objectives: (1) determine whether NLRA is a feasible and effective approach to the lost-revenue disincentive for utility DSM programs, (2) identify the conditions linked to effective implementation of NLRA mechanisms and assess whether NLRA has changed utility investment behavior, and (3) suggest improvements to NLRA mechanisms. Contrary to the concerns raised by some industry analysts, our results indicate NLRA is a feasible approach. Seven of the ten states we studied report no substantial problems with their approach. We observe several conditions linked to effective NLRA implementation. Observed changes in utility investment behavior occur after implementation of DSM rate reforms, which include deployment of NLRA mechanisms. Utilities in states with lost revenue recovery invest more than twice as much in DSM as do utilities in other states.

  12. Implement the medical group revenue function. Create competitive advantage.

    Science.gov (United States)

    Colucci, C

    1998-01-01

    This article shows medical groups how they can employ new financial management and information technology techniques to safeguard their revenue and income streams. These managerial techniques stem from the application of the medical group revenue function, which is defined herein. This article also describes how the medical group revenue function can be used to create value by employing a database and a decision support system. Finally, the article describes how the decision support system can be used to create competitive advantage. Through the wise use of internally generated information, medical groups can negotiate better contract terms, improve their operations, cut their costs, embark on capital investment programs and improve market share. As medical groups gain market power by improving in these areas, they will be more attractive to potential strategic allies, payers and investment bankers.

  13. An internet-based information management system for oil spill response

    Energy Technology Data Exchange (ETDEWEB)

    Collins, J.W.; Douligeris, C.; Tebeau, P. [Univ. of Miami, FL (United States)

    1996-12-31

    The paper describes the contents and capabilities of OSIMS - the Oil Spill Information Management System. OSIMS is an integrated information management tool providing a graphical interface to an object-oriented database of geographical and other spill-related data. OSIMS combines the utility of a Geographic Information System with the intelligence of a Decision Support System, and provides global access through the World-Wide Web.

  14. Management of Mango Hopper, Idioscopus clypealis, Using Chemical Insecticides and Neem Oil

    OpenAIRE

    Adnan, S. M.; Uddin, M. M.; Alam, M. J.; Islam, M. S.; Kashem, M. A.; Rafii, M. Y.; Latif, M. A.

    2014-01-01

    An experiment was conducted in Field Laboratory, Department of Entomology at Bangladesh Agricultural University, Mymensingh, during 2013 to manage the mango hopper, Idioscopus clypealis L, using three chemical insecticides, Imidacloprid (0.3%), Endosulfan (0.5%), and Cypermethrin (0.4%), and natural Neem oil (3%) with three replications of each. All the treatments were significantly effective in managing mango hopper in comparison to the control. Imidacloprid showed the highest efficacy in pe...

  15. Managing risk in Asia's oil and gas business

    International Nuclear Information System (INIS)

    Kramer, M.P.

    1998-01-01

    The business environment and economic outlook for Asia's energy business was discussed. This paper focused on the risks in Asia's oil and gas business. It was predicted that the economic crisis may deepen in 1998/99 before recovering by 2000 at the earliest. Key risk factors were cited as further currency devaluations, deterioration of the banking sector and social unrest. At the same time, it was also predicted that within 4-6 years, economic growth rates in Asia will be higher than in the rest of the world. Currently, the main risks associated with the energy industry are currency collapse, highly leveraged buyers and sellers, politics, different types of joint venture partners, each type representing a different type of risk, demise of the old networks, reluctance to accept the reality of the economic collapse and to deal with the collapse the only way that may be effective. figs

  16. Nonlinear Model Predictive Control for Oil Reservoirs Management

    DEFF Research Database (Denmark)

    Capolei, Andrea

    expensive gradient computation by using high-order ESDIRK (Explicit Singly Diagonally Implicit Runge-Kutta) temporal integration methods and continuous adjoints. The high order integration scheme allows larger time steps and therefore faster solution times. We compare gradient computation by the continuous...... gradient-based optimization and the required gradients are computed by the adjoint method. We propose the use of efficient high order implicit time integration methods for the solution of the forward and the adjoint equations of the dynamical model. The Ensemble Kalman filter is used for data assimilation...... equivalent strategy is not justified for the particular case studied in this paper. The third contribution of this thesis is a mean-variance method for risk mitigation in production optimization of oil reservoirs. We introduce a return-risk bicriterion objective function for the profit-risk tradeoff...

  17. Implementation of Enterprise Risk Management (ERM Framework in Enhancing Business Performances in Oil and Gas Sector

    Directory of Open Access Journals (Sweden)

    Sanmugam Annamalah

    2018-01-01

    Full Text Available This study empirically investigated the ERM Implementation model and proposed framework to identify and manage risks in Oil and Gas Sector in Malaysia. The study examined the role of ERM framework implementation in improving business performance by utilizing Economic Value Added as a measurement tool. The study also provides insights to the Oil and Gas Sector to gain higher profit returns, reduce cost of capital, and improve shareholders value. Moreover, it contributes significantly in the field of Enterprise risk management in Malaysia. The identification and management of risk is significant to organizations in managing risks efficiently. Expectations of stakeholders of the organization are high from executives and board of directors in managing the risk effectively. Linear regression analysis is utilized in analyzing the data obtained from the data collection performed for this paper. Purposive sampling has been employed in order to select the firms that are operating in Malaysian oil and gas sector. Primary data has been utilized to collect data with the help of structured questions and interview techniques that involve semi structured questions. The results of the regression analysis conducted for in this study suggested that a significant and positive relationship between Enterprise Risk Management with operational risk; market risk; political risk; health, safety and environmental risk; and, also business performance.

  18. Operational Oceanograhy System for Oil Spill Risk Management at Santander Bay (Spain)

    Science.gov (United States)

    Castanedo Bárcena, S.; Nuñez, P.; Perez-Diaz, B.; Abascal, A.; Cardenas, M.; Medina, R.

    2016-02-01

    Estuaries and bays are sheltered areas that usually host a wide range of industry and interests (e.g. aquaculture, fishing, recreation, habitat protection). Oil spill risk assessment in these environments is fundamental given the reduced response time associated to this very local scale. This work presents a system comprising two modules: (1) an Operational Oceanography System (OOS) based on nesting high resolution models which provides short-term (within 48 hours) oil spill trajectory forecasting and (2) an oil spill risk assessment system (OSRAS) that estimates risk as the combination of hazard and vulnerability. Hazard is defined as the probability of the coast to be polluted by an oil spill and is calculated on the basis of a library of pre-run cases. The OOS is made up by: (1) Daily boundary conditions (sea level, ocean currents, salinity and temperature) and meteorological forcing are obtained from the European network MYOCEAN and from the Spanish met office, AEMET, respectively; (2) COAWST modelling system is the engine of the OOS (at this stage of the project only ROMS is on); (3) an oil spill transport and fate model, TESEO (4) a web service that manages the operational system and allows the user to run hypothetical as well as real oil spill trajectories using the daily forecast of wind and high resolution ocean variables carried out by COAWST. Regarding the OSRAS system, the main contributions of this work are: (1) the use of extensive meteorological and oceanographic database provided by state-of-the-art ocean and atmospheric models, (2) the use of clustering techniques to establish representative met-ocean scenarios (i.e. combination of sea state, meteorological conditions, tide and river flow), (3) dynamic downscaling of the met-ocean scenarios with COAWST modelling system and (4) management of hundreds of runs performed with the state-of-the-art oil spill transport model TESEO.

  19. Informedness and Customer-Centric Revenue management

    NARCIS (Netherlands)

    T. Li (Ting)

    2009-01-01

    textabstractThe recent pervasive adoption of modern IT in the marketplace has profoundly changed information availability to customers and firms. This improved information endowment results in changes in consumer behavior and corporate strategy. This dissertation proposes new theoretical

  20. Oils

    Energy Technology Data Exchange (ETDEWEB)

    Cobbett, G T.B.

    1907-07-08

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

  1. Enterprise Risk Management in the Oil and Gas Industry: An Analysis of Selected Fortune 500 Oil and Gas Companies' Reaction in 2009 and 2010

    Science.gov (United States)

    Rogers, Violet C.; Ethridge, Jack R.

    2016-01-01

    In 2009, four of the top ten Fortune 500 companies were classified within the oil and gas industry. Organizations of this size typically have an advanced Enterprise Risk Management system in place to mitigate risk and to achieve their corporations' objectives. The companies and the article utilize the Enterprise Risk Management Integrated…

  2. Strategies for successful revenue cycle outsourcing.

    Science.gov (United States)

    Lisowski, Duane A; Sanderson, Brian

    2013-09-01

    Revenue cycle outsourcing can offer hospitals and health systems many advantages, including cost savings and revenue gains, but it also carries risks. Some organizations may choose to outsource revenue cycle to third-party service providers; others may opt to develop internal centers of excellence. Hospitals and health systems should consider IT system compatibility, payment arrangements, and incentive and value alignment when selecting an outsourcing partner.

  3. Evolution of tax revenue in Romania

    Directory of Open Access Journals (Sweden)

    Nicoleta Mihaela Florea

    2014-11-01

    Full Text Available The study aims to analyze the dynamics of tax revenues in Romania in the period 2008 - 2013, following the installation of austerity caused by the global economic crisis. There are highlighted the earned revenues at the general consolidated budget by revenue category, according to the annual budget execution. The article deals mainly with the evolution of profit tax, income and salaries tax, value added tax and excise. .

  4. Saving Alberta's resource revenues: Role of intergenerational and liquidity funds

    International Nuclear Information System (INIS)

    Bremer, Ton S. van den; Ploeg, Frederick van der

    2016-01-01

    We use a welfare-based intertemporal stochastic optimization model and historical data to estimate the size of the optimal intergenerational and liquidity funds and the corresponding resource dividend available to the government of the Canadian province Alberta. To first-order of approximation, this dividend should be a constant fraction of total above- and below-ground wealth, complemented by additional precautionary savings at initial times to build up a small liquidity fund to cope with oil price volatility. The ongoing dividend equals approximately 30 per cent of government revenue and requires building assets of approximately 40 per cent of GDP in 2030, 100 per cent of GDP in 2050 and 165 per cent in 2100. Finally, the effect of the recent plunge in oil prices on our estimates is examined. Our recommendations are in stark contrast with historical and current government policy. - Highlights: • Volatile natural resource income requires an intergenerational and liquidity fund. • We use intertemporal stochastic optimization and historical data for Alberta. • The ongoing dividend is 30 per cent of government revenue. • This requires assets of 100 per cent of GDP in 2050 and initial precautionary saving. • The effect of the 2014 plunge in oil prices on our estimates of the funds is examined.

  5. Conjunctive Surface and Groundwater Management in Utah. Implications for Oil Shale and Oil Sands Development

    Energy Technology Data Exchange (ETDEWEB)

    Keiter, Robert [Univ. of Utah, Salt Lake City, UT (United States); Ruple, John [Univ. of Utah, Salt Lake City, UT (United States); Tanana, Heather [Univ. of Utah, Salt Lake City, UT (United States); Holt, Rebecca [Univ. of Utah, Salt Lake City, UT (United States)

    2011-12-01

    Unconventional fuel development will require scarce water resources. In an environment characterized by scarcity, and where most water resources are fully allocated, prospective development will require minimizing water use and seeking to use water resources in the most efficient manner. Conjunctive use of surface and groundwater provides just such an opportunity. Conjunctive use includes two main practices: First, integrating surface water diversions and groundwater withdrawals to maximize efficiency and minimize impacts on other resource users and ecological processes. Second, conjunctive use includes capturing surplus or unused surface water and injecting or infiltrating that water into groundwater aquifers in order to increase recharge rates. Conjunctive management holds promise as a means of addressing some of the West's most intractable problems. Conjunctive management can firm up water supplies by more effectively capturing spring runoff and surplus water, and by integrating its use with groundwater withdrawals; surface and groundwater use can be further integrated with managed aquifer recharge projects. Such integration can maximize water storage and availability, while simultaneously minimizing evaporative loss, reservoir sedimentation, and surface use impacts. Any of these impacts, if left unresolved, could derail commercial-scale unconventional fuel development. Unconventional fuel developers could therefore benefit from incorporating conjunctive use into their development plans. Despite its advantages, conjunctive use is not a panacea. Conjunctive use means using resources in harmony to maximize and stabilize long-term supplies it does not mean maximizing the use of two separate but interrelated resources for unsustainable short-term gains and it cannot resolve all problems or provide water where no unappropriated water exists. Moreover, conjunctive use may pose risks to ecological values forgone when water that would otherwise remain in a stream

  6. Developing a revenue integrity improvement plan.

    Science.gov (United States)

    Banks, Kate

    2010-11-01

    A revenue integrity plan should address five key areas: Accuracy of patient information. Verification of payer information and policies. Accuracy of documentation. Processing of claims. Accuracy of payment.

  7. Oil spill hazards at the upstream level: a risk management paradigm for a developing country

    International Nuclear Information System (INIS)

    Okogu, B.E.

    1994-01-01

    This paper documents the experience of recent oil spills internationally and in Nigeria and proposes an appropriate system of risk management. In the best of circumstances, externality problems are difficult to handle; they are even worse in developing countries with weak sociopolitical institutions and where transnational companies tend to have lower operating standards. Typically, a company would invest in spill prevention up to the point where the marginal benefit just equals marginal costs. In a situation where spill detection and clean up enforcement are weak, as is the case in many developing countries, investment in prevention will tend to be low. Consequently, an insurance-type oil spill contingency fund, financed through an oil tax, is proposed. (author)

  8. Federal and Indian oil and gas royalty valuation and management

    International Nuclear Information System (INIS)

    Anon.

    1992-01-01

    This book covers: Royalty management-an M.M.S. overview; Payor/operator/lessee royalty liability; Royalty issues for OCS lessees; Royalty valuation procedures; Gas marketing royalty issues - industry perspective; Gas marketing royalty issues - M.M.S. perspective; Settlements of gas contract disputes Royalty reporting issues; Production reporting issues; Indian royalty issues; Litigation/regulatory updates; Over/under production on federal leases, units, and communitized areas; Audit program; and M.M.S. Reference Handbook

  9. Radiation protection and management of NORM residues in the oil and gas industry

    International Nuclear Information System (INIS)

    Haridasan, P.P.; )

    2014-01-01

    The radionuclides in oil and gas streams belong to the decay chains of 238 U and 232 Th originate from the reservoir rock that contains oil, gas and formation water. Formation water contains significant concentrations of isotopes of radium dissolved from the reservoir rock. The parent isotopes of uranium and thorium are not mobilized from the rock and hence the radium isotopes appear in the water co-produced with the oil and gas. When the ions of Group II elements are present in the produced water, drops in pressure and temperature can lead to precipitation of sulphate and carbonate scales on the inner walls of production tubulars, well heads, valves, pumps, separators, water treatment vessels, gas treatment and oil storage tanks. The mixed stream of oil, gas and water carries the radon gas generated in the reservoir rock and in the production stream it preferentially follows the dry export gases. Consequently the equipment from gas treatment and transport facilities may accumulate a thin film of 210 Pb in the inner surfaces of gas lines. The radionuclide concentrations in produced water, hard scale and sludge will be presented. Indication on typical quantities of wastes generated and best practices followed in the industry in managing such wastes will be outlined. Information on external gamma exposure and potential internal exposure as well as global emerging issues will be discussed

  10. Diversification of Oil and Gas Companies’ Activities in the Condition of Oil Prices Reduction and Economic Sanctions

    Directory of Open Access Journals (Sweden)

    Anastasia V. Sheveleva

    2016-01-01

    Full Text Available This article analyzes the influence of the economic sanctions imposed from the USA and the EU and oil prices reduction on the oil and gas companies and the directions of diversification of their activity as a method of management of price risks are considered. In the modern dynamic and quickly developing world, in the conditions of globalization and market economy, the oil and gas companies are affected by various risks which can exert negative impact on production and financial results. Risks can arise in absolutely various spheres, beginning from natural and technological hazards, and finishing with price risks. Sharp reduction of oil prices and decrease in demand for energy resources in the world markets, first of all in the European countries, input of financial or technological sanctions from the USA and Europe against Russia in 2014 has caused necessity of search a new more effective methods of price risks management of the oil and gas company. The methods of price risk management include the creation of commodity reserves, the establishment of a reserve fund, long-term contracts, subsidies from the state and the diversification of activities. The most effective it is possible to offer diversification of oil and gas companies' activity. It is expedient to carry out diversification of oil and gas companies' activity in such directions as geographical diversification of the oil, oil products and gas realization directions, geographical diversification of oil and gas companies' purchasing activity, diversification of oil, oil products and gas transportation ways, diversification of oil and gas companies' business. This approach allows to expand the activities of the oil and gas companies and create additional ways to generate revenue and enhance efficiency of oil and gas companies.

  11. Investigating the barriers of the green human resource management implementation in oil industry

    Directory of Open Access Journals (Sweden)

    Marjan Fayyazi

    2015-01-01

    Full Text Available There is a growing need for the integration of environmental management into Human Resource Management (HRM practices; such effort is known as Green HRM initiatives. The aim of this study is to identify barriers of green human resource management in Iran's oil industry. For this purpose, mixed method has been used. In the article, existing literature was examined and questions were designed and 12 experts of international oil industry were interviewed. The aim of these interviews was to design questionnaire and collects the necessary information. To examine the reliability of the questionnaires, Cronbach alpha coefficient was equal to 0.732, which validated the reliability of the questionnaire. Finally, the questionnaires were shared among 31 members of oil's experts and HR managers. The results of the study have shown that the lack of comprehensive plan to implement green HRM and ambiguous of green values were in the highest level and they were considered as the most important barriers. Furthermore, staff resistance had the lowest importance.

  12. Strategic Transport Management Models—The Case Study of an Oil Industry

    Directory of Open Access Journals (Sweden)

    Srđan Dimić

    2016-09-01

    Full Text Available The awareness of the need to preserve the environment and establish sustainable development evolved as the result of the development of the world economy and society. Transport plays a very important role in this process. It is recognized as one of the main factors in sustainable development strategy. Strategic transport management model is presented in this paper. It represents a comprehensive and complete strategic management process, beginning from the strategic analysis, then strategy formulation and its implementation to strategic control. What makes this model specific is the development of its phases using contemporary strategic management methods and MCDM (Multicriteria Decision Making techniques. In this way, subjectivity is avoided and the decision-making process is impartial. To formulate sustainable transport strategy, the authors use a SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats and the fuzzy Delphi method as the basis to evaluate impact factors. Fuzzy SWOT analysis is applied to formulate strategic options and the selection of optimal option is realized through DEMATEL (Decision-Making Trial and Evaluation Laboratory-based ANP (Analytic Network Process. The strategic transport management model is applied to Serbian Oil Industry (NIS as a company engaged in the production and transport of oil and oil derivatives. The results presented in this paper have shown that this model can be successfully implemented in profit organizations. It also can be used to formulate strategies on the basis of scientific principles and create conditions for successful sustainable strategies implementation.

  13. A projection of motor fuel tax revenue and analysis of alternative revenue sources in Georgia.

    Science.gov (United States)

    2012-05-01

    Motor fuel tax revenue currently supplies the majority of funding for : transportation agencies at the state and federal level. Georgia uses excise and sales taxes : to generate revenue for the Georgia Department of Transportation (GDOT). Inflation a...

  14. 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.

  15. Taxation, revenue allocation and fiscal federalism in Nigeria: Issues, challenges and policy options

    Directory of Open Access Journals (Sweden)

    Salami Adeleke

    2011-01-01

    Full Text Available Taxation is one of the most important and easy sources of revenue to any government, as the government possesses inherent power to impose taxes and levies. Nigeria tax system has been weak due largely to inadequate data of the tax base and heavy reliance on oil revenue. With the volatility in oil prices and excruciating impacts of the recent global financial crisis, taxation deserves more attention now than ever before in Nigeria. One issue that is critical to domestic resource mobilization and utilization is the issue of fiscal federalism. Nigeria operates three tiers of government; Federal, State and Local Governments with separate revenue, expenditure, and assigned responsibilities each. However, all decisions including resources are controlled from the centre and the vertical revenue allocations tilt more towards the direction of federal government, contrary to the tenets of federalism the country is practicing. Both vertical and horizontal revenue in Nigeria is engulfed in controversy. The paper presents key issues, trend and challenges of taxation and fiscal federalism in Nigeria. In addition, the paper highlights a number of suggestions that would stimulate increase in tax revenue and guarantee fiscal assignment acceptable to the federal and sub-national government.

  16. Examination of the relationship between project management critical success factors and project success of oil and gas drilling projects

    Science.gov (United States)

    Alagba, Tonye J.

    Oil and gas drilling projects are the primary means by which oil companies recover large volumes of commercially available hydrocarbons from deep reservoirs. These types of projects are complex in nature, involving management of multiple stakeholder interfaces, multidisciplinary personnel, complex contractor relationships, and turbulent environmental and market conditions, necessitating the application of proven project management best practices and critical success factors (CSFs) to achieve success. Although there is some practitioner oriented literature on project management CSFs for drilling projects, none of these is based on empirical evidence, from research. In addition, the literature has reported alarming rates of oil and gas drilling project failure, which is attributable not to technical factors, but to failure of project management. The aim of this quantitative correlational study therefore, was to discover an empirically verified list of project management CSFs, which consistent application leads to successful implementation of oil and gas drilling projects. The study collected survey data online, from a random sample of 127 oil and gas drilling personnel who were members of LinkedIn's online community "Drilling Supervisors, Managers, and Engineers". The results of the study indicated that 10 project management factors are individually related to project success of oil and gas drilling projects. These 10 CSFs are namely; Project mission, Top management support, Project schedule/plan, Client consultation, Personnel, Technical tasks, Client acceptance, Monitoring and feedback, Communication, and Troubleshooting. In addition, the study found that the relationships between the 10 CSFs and drilling project success is unaffected by participant and project demographics---role of project personnel, and project location. The significance of these findings are both practical, and theoretical. Practically, application of an empirically verified CSFs list to oil

  17. The Utilization Of Resources And Regulation Along With Companys Strategies In Managing Oil And Natural Gas Industry In Indonesia

    Directory of Open Access Journals (Sweden)

    Sigit Rahardjo

    2015-08-01

    Full Text Available Oil and gas production in Indonesia has been declined since 1995 up to now the effort to increase the production has been done but it does not result yet. In contrast day by day the investment is getting increased and huge on the other hands it becomes a problem and a challenge for Indonesia to meet oil needs as raw material for refined fuel oil either for transportation or industries. Day by day the needs of refined fuel oil is getting increased and huge as it is correlated to the increasing of the number of motorcycles either two-wheeled or four-wheeled as well as the increasing of oil and gas or non-oil and gas industries. Oil and natural industry Resource Base has specific characteristics those are internal factor that uses resource such as high technology huge investment cost as well as competent human resources. Besides the external factor those are good regulations either in the central and regional levels as well as the sector which is very important toward the production performance and the of company managements strategies to manage this industry. This paper attempts to figure out the impact of internal factor in the form of resources and external factor in the form of regulation as well as the effect of production performance toward petroleum companies of upstream sectors in Indonesia and managements role especially petroleum industrialists in managing the company. The wane of oil production and the increasing of refined fuel oil need in Indonesia as well as the increasing of oil production cost then it will affect the industrialists strategies in managing the companies. The resources consist of human resource oil reserve as well as petroleum technologies. While regulation consists of law central and regional government regulations and rules in oil and gas sector. Whereas the companys strategies are explained by production volume and selling volume of oil. Companys performance which sets to work in upstream sector is influenced by

  18. Revenue Recognition Challenges and Financial Statement Reporting

    African Journals Online (AJOL)

    It was also revealed in this study that the financial reporting objectives of an enterprise will determine the choice of revenue recognition policy to be taken. The study equally revealed some subtle manipulations that can vitiate the true position of financial statements hence the revenue to be recognised by a business ...

  19. 14 CFR 271.5 - Carrier revenues.

    Science.gov (United States)

    2010-01-01

    ... Aeronautics and Space OFFICE OF THE SECRETARY, DEPARTMENT OF TRANSPORTATION (AVIATION PROCEEDINGS) ECONOMIC REGULATIONS GUIDELINES FOR SUBSIDIZING AIR CARRIERS PROVIDING ESSENTIAL AIR TRANSPORTATION § 271.5 Carrier revenues. (a) The projected passenger revenue for a carrier providing essential air service at an eligible...

  20. 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)

  1. Oil terrorism-militancy link: Mediating role of moral disengagement in emergency and crisis management.

    Science.gov (United States)

    Mafimisebi, Oluwasoye Patrick; Thorne, Sara

    2015-01-01

    The controversial issues of terrorism and militancy have generated contemporary interests and different interpretations have emerged on how to combat and manage these dangerous events. This study widens understanding of moral disengagement mechanism application in the perpetuation of inhumanities within the context of oil terrorist and militant behaviors. The research findings and model are explicit on how people form moral evaluations of agents who are forced to make morally relevant decisions over times in context of crisis situations. Quite crucially, understanding the context of terrorism and militancy provides policymakers, emergency and crisis managers better analysis and response to such events. The research fundamental purpose was to investigate the mediating role of moral disengagement on delinquency of oil terrorism and militancy; and considered implications for emergency and crisis management practices. The study found that situational-induced crises such as oil terrorism and militancy were sufficient to account for an individual's misdeeds and unethical or inhumane decisions made under frustration and agitation may be perceived as less indicative of one's fundamental character. Findings suggest that more repugnant delinquencies could have been committed in the name of justice than in the name of injustice, avenues for future research. In context, the result of the moral disengagement scale shows that morality of delinquency (oil terrorism and militancy) is accomplished by cognitively redefining the morality of such acts. The main finding is that people in resistance movements are rational actors making rational choices. The authors argue that theorists, policymakers, and practitioners must give meaningful attention to understanding the multidimensional nature of emergency, crisis and disaster management for better strength of synthesis between theory and practice. The research is concluded by thorough examination of the implication and limitations for

  2. International evolution of fat, oil and grease (FOG) waste management - A review

    OpenAIRE

    Wallace, Thomas; Gibbons, David; O'Dwyer, Michael; Curran, Thomas P.

    2017-01-01

    In recent years, issues relating to fat, oil and grease (FOG) in sewer systems have intensified. In the media, sewer blockages caused by FOG waste deposits, commonly referred to as 'fatbergs', are becoming a reminder of the problems that FOG waste can cause when left untreated. These FOG blockages lead to sanitary sewer overflows, property flooding and contamination of water bodies with sewage. Despite these financial and environmentally detrimental effects, a homogenous FOG waste management ...

  3. Integration between environmental management and strategic planning in the oil and gas sector

    International Nuclear Information System (INIS)

    Magrini, Alessandra; Lins, Luiz dos Santos

    2007-01-01

    For activities that have a high possibility of causing environmental accidents, like in the oil and gas sector, it is reasonable to expect the environmental management to be an important variable within the company's strategic planning. However, this is not always true. In some cases, a change in the companies' attitude, abandoning a reactive position and assuming a proactive one, only happens upon the occurrence of serious environmental accidents with strong repercussion in the media. For the company that was the object of study, these accidents gave rise to deep changes in its environmental management, culminating in investments of approximately US$ 2.6 billion in environment, health and security, from 2000 to 2004. This was the highest amount to date invested on these areas by an oil company. This case study seeks to discuss the integration between environmental management and strategic planning in the oil and gas sector over a period of 10 years (from 1995 to 2004) in order to make a contextual analysis of the period before and after the environmental accidents possible

  4. Analysis of problems in the implementation of management systems of quality in the energy industry, oil and gas

    Energy Technology Data Exchange (ETDEWEB)

    Borhi, Juan Carlos

    2010-09-15

    The aim of this paper is to describe the problem in the development of systems of quality management based on ISO 9001:2008 to implement in energy companies involved in the extraction, distribution and processing of oil and gas.

  5. INCREASING WATERFLOOD RESERVES IN THE WILMINGTON OIL FIELD THROUGH IMPROVED RESERVOIR CHARACTERIZATION AND RESERVOIR MANAGEMENT

    Energy Technology Data Exchange (ETDEWEB)

    Scott Walker; Chris Phillips; Roy Koerner; Don Clarke; Dan Moos; Kwasi Tagbor

    2002-02-28

    This project increased recoverable waterflood reserves in slope and basin reservoirs through improved reservoir characterization and reservoir management. The particular application of this project is in portions of Fault Blocks IV and V of the Wilmington Oil Field, in Long Beach, California, but the approach is widely applicable in slope and basin reservoirs. Transferring technology so that it can be applied in other sections of the Wilmington Field and by operators in other slope and basin reservoirs is a primary component of the project. This project used advanced reservoir characterization tools, including the pulsed acoustic cased-hole logging tool, geologic three-dimensional (3-D) modeling software, and commercially available reservoir management software to identify sands with remaining high oil saturation following waterflood. Production from the identified high oil saturated sands was stimulated by recompleting existing production and injection wells in these sands using conventional means as well as a short radius redrill candidate. Although these reservoirs have been waterflooded over 40 years, researchers have found areas of remaining oil saturation. Areas such as the top sand in the Upper Terminal Zone Fault Block V, the western fault slivers of Upper Terminal Zone Fault Block V, the bottom sands of the Tar Zone Fault Block V, and the eastern edge of Fault Block IV in both the Upper Terminal and Lower Terminal Zones all show significant remaining oil saturation. Each area of interest was uncovered emphasizing a different type of reservoir characterization technique or practice. This was not the original strategy but was necessitated by the different levels of progress in each of the project activities.

  6. BUSINESS RISK MANAGEMENT AND ENVIRONMENTAL COMPLIANCE: A REVIEW OF SHELL OIL SPILLS IN SYDNEY HARBOUR AUSTRALIA

    Directory of Open Access Journals (Sweden)

    Ika Putri Larasati

    2011-10-01

    Full Text Available A business risk has been an inherent part of companies’ activities nowadays. It relates to threats and opportunities which make a majority of companies manage the risk. The business risk also has been concerned by public particularly in term of environmental risk. A failure to manage the environment may result in negative reactions from public. The negative reactions are predicaments for company’s economy. Therefore, companies have also considered the significance of the environmental risk management. An example of these companies is Shell Oil Company which suffered environmental issue in 1999. Accordingly, this paper aims to evaluate the risk management conducted by the Shell Company which focuses on company’s effort to maintain good relationship with stakeholders in its environmental risk management. There were determinant factors in the successful risk management. The first factor is an efficient and effective implementation of risk management cycle. Secondly, a practice of risk management phase. The third factor is effective social activities. The fourth factor is a significance of risk management application since the establishment of company. The fifth factor is an importance of efficient and effective communication with stakeholders. Finally, a substantial contribution from media is prominent aspect in company’s risk management.

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

    Energy Technology Data Exchange (ETDEWEB)

    Madden, Peter; Morawski, Jacek

    2010-09-15

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

  8. Adaptive risk management using new risk perspectives – an example from the oil and gas industry

    International Nuclear Information System (INIS)

    Bjerga, Torbjørn; Aven, Terje

    2015-01-01

    This article discusses management of risk in the case of large uncertainties and the use of adaptive risk management in such situations. This type of management is based on the acknowledgement that one best decision cannot be made, but rather, a set of alternatives should be dynamically tracked to gain information and knowledge about the effects of different courses of action. In the article, we study a case from the oil and gas industry, the main aim being to gain insights into how adaptive risk management could be implemented when giving due attention to the knowledge and uncertainty aspects of risk. In recent years, several authors have argued for the adoption of some new types of risk perspectives, which highlight uncertainties and knowledge in the way risk is understood and measured — this article uses these perspectives as the basis for the discussion. - Highlights: • Demonstrates a new perspective on adaptive risk management. • The perspective highlights uncertainty and knowledge, not only probability. • Illustrates the perspective on an oil and gas case, which is characterized by deep uncertainties

  9. Integration of Web-GIS and oil spill simulation applications for environmental management of near-shore spill accidents

    International Nuclear Information System (INIS)

    Goto, S.; Miyata, D.; Varlamov, S.M.; Kim, S.-W.

    2001-01-01

    In the event of a near-shore oil spill, the use of a web-based Geographic Information System (GIS) can greatly improve emergency response management and oil recovery operations by providing real-time information support. This paper presented a Web-GIS that is used in combination with an oil spill simulation model. The structure and content of the system was defined after the Nakhodka vessel spilled oil in the Sea of Japan in January 1997, leaving serious environmental damage to the coastal area of the Ishikawa prefecture. The Web-GIS provides a wide range of environmental and oil spill related information, presented in a geographical form. The system also consolidates spill and environmental damage related information from different sources and provides links to the specialized environmental and socio-economical information of other GIS databases. The oil spill modeling subsystem is part of an application for protection planning and oil recovery operations. With this system, oil-drift simulation begins at the onset of any oil spill and then remote sensing data are used to estimate the position and state of the spilled oil. The spill information is then assimilated into the spill model and the observed simulated results are uploaded to the Web page for public information. The applicability of the Web-GIS is extended by support for information gathering from the public and the responsible agencies. The relative simplicity of the system interface is an added advantage. 9 refs., 4 figs

  10. Indirect tax reforms and revenue mobilization in Cameroon

    OpenAIRE

    Saahdong, Choifor I.

    2008-01-01

    As most developing countries strive to achieve Economic growth and development, it has been quite a challenging issue to attain a balance in their fiscal policy management. Most of these countries have faced a prolonged (persistence) budgetary deficit caused by the increasing growth in their public expenditures more than in their incomes. The most important puzzling question has been why is there a slow revenue mobilization in developing countries? It was realized in the mid 1980s by the Wor...

  11. Essential oils: an alternative approach to management of powdery mildew diseases

    Directory of Open Access Journals (Sweden)

    Elena STURCHIO

    2015-01-01

    Full Text Available In recent years there has been growing interest in the application of plant-derived substances in agriculture as alternatives to the use of pesticides, in order to obtain healthy crops and more environmentally sustainable crop production systems. The properties of some essential oils as natural fungicides were evaluated, to promote their use in alternative agriculture. Potentially detrimental effects caused by essential oil residues in soil were also assessed by mutagenicity assays to avoid possible adverse effects related to the use of these materials. Trials in a controlled environment were set up, using ‘Romanesco’ zucchini treated with essential oils, either exclusively or alternated with a synthetic fungicide. The treatments were applied when natural infection by Podosphaera xanthii appeared on test plants, and powdery mildew incidence and severity were assessed after six weeks. Preliminary results indicated that the alternation of natural materials with effective synthetic fungicide maintained effective disease control, and may also assist with management of pesticide resistance in P. xanthii. No relevant mutagenic effects of essential oil residues in soil were revealed, although an appropriate formulation useful under field conditions is required for effective application.

  12. Radiation Protection and the Management of Radioactive Waste in the Oil and Gas Industry

    International Nuclear Information System (INIS)

    2010-01-01

    The oil and gas industry, a global industry operating in many Member States, makes extensive use of radiation generators and sealed and unsealed radioactive sources, some of which are potentially dangerous to human health and the environment if not properly controlled. In addition, significant quantities of naturally occurring radioactive material (NORM) originating from the reservoir rock are encountered during production, maintenance and decommissioning. The oil and gas industry operates in all climates and environments, including the most arduous conditions, and is continuously challenged to achieve high efficiency of operation while maintaining a high standard of safety and control - this includes the need to maintain control over occupational exposures to radiation, as well as to protect the public and the environment through proper management of wastes that may be radiologically and chemically hazardous. The oil and gas industry is organizationally and technically complex, and relies heavily on specialized service and supply companies to provide the necessary equipment and expertise, including expertise in radiation safety. This training manual is used by the IAEA as the basis for delivering its training course on radiation protection and the management of radioactive waste in the oil and gas industry. Enclosed with this manual is a CD-ROM that contains the presentational material used in the training course, the course syllabus and additional notes for course presenters. The course material is based principally on IAEA Safety Reports Series No. 34 Radiation Protection and the Management of Radioactive Waste in the Oil and Gas Industry, published by the IAEA in 2003. The training course is aimed at regulatory bodies; oil and gas field operators and support companies; workers and their representatives; health, safety and environmental professionals; and health and safety training officers. A pilot training course was held in the Syrian Arab Republic in 2000 as

  13. Radiation Protection and the Management of Radioactive Waste in the Oil and Gas Industry. Additional Information

    International Nuclear Information System (INIS)

    2010-01-01

    The oil and gas industry, a global industry operating in many Member States, makes extensive use of radiation generators and sealed and unsealed radioactive sources, some of which are potentially dangerous to human health and the environment if not properly controlled. In addition, significant quantities of naturally occurring radioactive material (NORM) originating from the reservoir rock are encountered during production, maintenance and decommissioning. The oil and gas industry operates in all climates and environments, including the most arduous conditions, and is continuously challenged to achieve high efficiency of operation while maintaining a high standard of safety and control - this includes the need to maintain control over occupational exposures to radiation, as well as to protect the public and the environment through proper management of wastes that may be radiologically and chemically hazardous. The oil and gas industry is organizationally and technically complex, and relies heavily on specialized service and supply companies to provide the necessary equipment and expertise, including expertise in radiation safety. This training manual is used by the IAEA as the basis for delivering its training course on radiation protection and the management of radioactive waste in the oil and gas industry. Enclosed with this manual is a CD-ROM that contains the presentational material used in the training course, the course syllabus and additional notes for course presenters. The course material is based principally on IAEA Safety Reports Series No. 34 Radiation Protection and the Management of Radioactive Waste in the Oil and Gas Industry, published by the IAEA in 2003. The training course is aimed at regulatory bodies; oil and gas field operators and support companies; workers and their representatives; health, safety and environmental professionals; and health and safety training officers. A pilot training course was held in the Syrian Arab Republic in 2000 as

  14. INSTITUSIONALISASI PARADIGMA REVENUE CENTER UNTUK PENGELOLAAN ASET NEGARA YANG OPTIMAL (STUDI KASUS PADA KANTOR PELAYANAN KEKAYAAN NEGARA DAN LELANG SURABAYA)

    OpenAIRE

    Tridasa Novany Wijaya; Hamidah Hamidah

    2018-01-01

    To realize good and accountable asset management, the Ministry of Finance as CFO (Chief Financial Officer) sets the revenue center paradigm in asset management. This is a new breakthrough from before that just as an asset administrator turns into asset manager without thinking about the potential revenue from asset management. The Directorate General of State Assets (DJKN) as the state asset manager with vertical institutions is implementing National Working Meeting (Rakernas) as the mileston...

  15. Mauritania and its sea: could offshore oil exploitation help better manage ecological insecurity?

    International Nuclear Information System (INIS)

    Magrin, G.; Van Vliet, G.; Van Dessel, B.; Chabason, L.

    2011-01-01

    Over centuries Mauritania societies have turned their backs to the sea until independence and, later, drought created incentives for the State and national actors to take an interest in sea resources. Whether at sea or on the mainland the relationship to the territory's resources appeared to be entrusted to the same State who was more interested in exercising control on flows rather than in management, production or transformation. However, regarding the fisheries industry and the issue of its preservation the Mauritania state has progressively increased its intervention capacities. The extraordinary ecological and economic value of Mauritania waters - with the 'banc d'Arguin' as their most famous ecosystem - certainly played a role in this evolution. The recent exploitation of offshore oil resources has reinforced the need to increase the overall capacity to regulate all aspects of the maritime area (conservation, fisheries, transport and oil and gas). The emergence of oil and gas activities re-emphasises the difficulties faced by a dependent State when trying to appropriate and manage a territory whose resources attract the attention of powerful international shareholders. (authors)

  16. Management of mango hopper, Idioscopus clypealis, using chemical insecticides and Neem oil.

    Science.gov (United States)

    Adnan, S M; Uddin, M M; Alam, M J; Islam, M S; Kashem, M A; Rafii, M Y; Latif, M A

    2014-01-01

    An experiment was conducted in Field Laboratory, Department of Entomology at Bangladesh Agricultural University, Mymensingh, during 2013 to manage the mango hopper, Idioscopus clypealis L, using three chemical insecticides, Imidacloprid (0.3%), Endosulfan (0.5%), and Cypermethrin (0.4%), and natural Neem oil (3%) with three replications of each. All the treatments were significantly effective in managing mango hopper in comparison to the control. Imidacloprid showed the highest efficacy in percentage of reduction of hopper population (92.50 ± 9.02) at 72 hours after treatment in case of 2nd spray. It also showed the highest overall percentage of reduction (88.59 ± 8.64) of hopper population and less toxicity to natural enemies including green ant, spider, and lacewing of mango hopper. In case of biopesticide, azadirachtin based Neem oil was found effective against mango hopper as 48.35, 60.15, and 56.54% reduction after 24, 72, and 168 hours of spraying, respectively, which was comparable with Cypermethrin as there was no statistically significant difference after 168 hours of spray. Natural enemies were also higher after 1st and 2nd spray in case of Neem oil.

  17. Management of Mango Hopper, Idioscopus clypealis, Using Chemical Insecticides and Neem Oil

    Science.gov (United States)

    Adnan, S. M.; Uddin, M. M.; Alam, M. J.; Islam, M. S.; Kashem, M. A.; Rafii, M. Y.; Latif, M. A.

    2014-01-01

    An experiment was conducted in Field Laboratory, Department of Entomology at Bangladesh Agricultural University, Mymensingh, during 2013 to manage the mango hopper, Idioscopus clypealis L, using three chemical insecticides, Imidacloprid (0.3%), Endosulfan (0.5%), and Cypermethrin (0.4%), and natural Neem oil (3%) with three replications of each. All the treatments were significantly effective in managing mango hopper in comparison to the control. Imidacloprid showed the highest efficacy in percentage of reduction of hopper population (92.50 ± 9.02) at 72 hours after treatment in case of 2nd spray. It also showed the highest overall percentage of reduction (88.59 ± 8.64) of hopper population and less toxicity to natural enemies including green ant, spider, and lacewing of mango hopper. In case of biopesticide, azadirachtin based Neem oil was found effective against mango hopper as 48.35, 60.15, and 56.54% reduction after 24, 72, and 168 hours of spraying, respectively, which was comparable with Cypermethrin as there was no statistically significant difference after 168 hours of spray. Natural enemies were also higher after 1st and 2nd spray in case of Neem oil. PMID:25140344

  18. Management of Mango Hopper, Idioscopus clypealis, Using Chemical Insecticides and Neem Oil

    Directory of Open Access Journals (Sweden)

    S. M. Adnan

    2014-01-01

    Full Text Available An experiment was conducted in Field Laboratory, Department of Entomology at Bangladesh Agricultural University, Mymensingh, during 2013 to manage the mango hopper, Idioscopus clypealis L, using three chemical insecticides, Imidacloprid (0.3%, Endosulfan (0.5%, and Cypermethrin (0.4%, and natural Neem oil (3% with three replications of each. All the treatments were significantly effective in managing mango hopper in comparison to the control. Imidacloprid showed the highest efficacy in percentage of reduction of hopper population (92.50 ± 9.02 at 72 hours after treatment in case of 2nd spray. It also showed the highest overall percentage of reduction (88.59 ± 8.64 of hopper population and less toxicity to natural enemies including green ant, spider, and lacewing of mango hopper. In case of biopesticide, azadirachtin based Neem oil was found effective against mango hopper as 48.35, 60.15, and 56.54% reduction after 24, 72, and 168 hours of spraying, respectively, which was comparable with Cypermethrin as there was no statistically significant difference after 168 hours of spray. Natural enemies were also higher after 1st and 2nd spray in case of Neem oil.

  19. Responsible management of peatlands in Canada, from peat industry to oil sands

    Science.gov (United States)

    Rochefort, Line

    2013-04-01

    Canada harbors one third of the peat resources of the world. Peat is an accumulated organic matter composed of dead and partly decomposed plant material, forming huge deposit through time in wetlands like peatlands and boreal coniferous swamps. Peat is a valuable resource as a growing media and soil amendments, an eco-friendly absorbent, also used as biofilters, for body care and for wastewater treatment. Peatlands also offer valuable ecological services : for example, they are the most efficient terrestrial ecosystem to store carbon on a long-term basis. Their ability to "cool off" the planet warrants a good look at their management. The horticultural peat industry of Canada has invested 22 years in R&D in habitat restoration and is now a strong leader in managing industrial peatlands in a sustainable way. The oil sand industry, which is strongly impacting the wetland landscapes of northern Canada, does realize that it has to reduce its ecological footprint, which is heavily criticized around the world. Decommissioned open mines near Fort McMurray have already begun recreating peatland ecosystems, and some restoration attempts of former oil pads are underway in the Peace River region. But the restoration of the largely disturbed wetland landscape of the oil sands is commanding innovative solutions.

  20. Ocimum basilicum essential oil combined with deltamethrin to improve the management of Spodoptera frugiperda

    Directory of Open Access Journals (Sweden)

    Sérgio Macedo Silva

    Full Text Available ABSTRACT For an important and expensive crop such as corn, the resistance of Spodoptera frugiperda J.E. Smith to various pesticides has led to research throughout the world for a potential insecticide from a natural source. For the management of pest resistance, natural compounds associated with synthetic insecticides can be a promising tool because they can reduce the application of the synthetics molecules while maintaining their effectiveness and promoting the control of the pests. Linalool is a potential insecticide that is easily obtained because it is found in high concentrations in the essential oil of Ocimum basilicum L. Therefore, the present study aimed to evaluate the toxicity of this essential oil and its combination with deltamethrin to control S. frugiperda. Through dose response assays, the acute toxicities (LD50 of the essential oil and deltamethrin were estimated. Additionally, the combination of these materials was also assessed, attaining a reduction of 80% of the LD50 of deltamethrin while obtaining the same result as when the pyrethroid was administered alone. From these results, it is expected that the combination of natural compounds and synthetic insecticides will be a promising practice, helping to manage resistance while reducing the environmental impact of toxic compounds.

  1. Assessment of net lost revenue adjustment mechanisms for utility DSM programs

    Energy Technology Data Exchange (ETDEWEB)

    Baxter, L.W.

    1995-01-01

    Utility shareholders can lose money on demand-side management (DSM) investments between rate cases. Several industry analysts argue that the revenues lost from utility DSM programs are an important financial disincentive to utility DSM investment. A key utility regulatory reform undertaken since 1989 allows utilities to recover the lost revenues incurred through successful operation of DSM programs. Explicitly defined net lost revenue adjustment (NLRA) mechanisms are states` preferred approach to lost revenue recovery from DSM programs. This report examines the experiences states and utilities are having with the NLRA approach. The report has three objectives. First, we determine whether NLRA is a feasible and successful approach to removing the lost-revenue disincentive to utility operation of DSM programs. Second, we identify the conditions linked to successful implementation of NLRA mechanisms in different states and assess whether NLRA has changed utility investment behavior. Third, we suggest improvements to NLRA mechanisms. We first identify states with NLRA mechanisms where utilities are recovering lost revenues from DSM programs. We interview staff at regulatory agencies in all these states and utility staff in four states. These interviews focus on the status of NLRA, implementation issues, DSM measurement issues, and NLRA results. We also analyze regulatory agency orders on NLRA, as well as associated testimony, reports, and utility lost revenue recovery filings. Finally, we use qualitative and quantitative indicators to assess NLRA`s effectiveness. Contrary to the concerns raised by some industry analysts, our results indicate NLRA is a feasible approach to the lost-revenue disincentive.

  2. Oil and gas leasing/production program

    International Nuclear Information System (INIS)

    Heimberger, M.L.

    1992-01-01

    As the Congress declared in the Outer Continental Shelf Lands Act the natural gas and oil production from the Outer Continental Shelf constitutes an important part of the Nation's domestic energy supply. Federal offshore minerals are administered within the Department of the Interior by the Minerals Management Service (MMS), which provides access to potential new sources of natural gas and oil offshore by conducting lease sales. Each year, on or before March 31, the MMS presents to Congress a fiscal year annual report on the Federal offshore natural gas and oil leasing and production program. In FY 1991, this program was the third largest producer of non-tax revenue for the US Treasury, contributing more than $3 billion. This report presents Federal offshore leasing, sales, production, and exploration activities, and environmental monitoring activities

  3. Canadian oil and gas survey : 1997

    International Nuclear Information System (INIS)

    Roberge, R.B.

    1997-01-01

    An outlook of the Canadian Petroleum Industry, financial and operating statistics of the top 100 Canadian public oil and gas companies and 15 energy income trusts, were summarized for the fiscal year ending in 1996. In general, 1996 was a good year for the industry. Greater industry financing resulted in increased drilling activity and good stock market returns for investors. However, strong commodity prices also resulted in record levels of hedging activity, which meant lost revenues for the industry. The top 100 companies recorded losses of about $800 million in 1996, largely on crude oil hedges. The fact that volumes hedged forward to 1997 are down from 1996 indicate that many companies are rethinking their commitment to risk management. Details of crude oil and natural gas prices and production levels during 1996 were provided. A list of significant corporate mergers and acquisitions during the year under review rounded out the presentation

  4. Condition Management of Marine Lube Oil and the Role of Intelligent Sensor Systems in Diagnostics

    International Nuclear Information System (INIS)

    Knowles, M; Baglee, D

    2012-01-01

    Failures in marine diesel engines can be costly and can cause extreme inconvenience when they result in ships becoming stranded. Lubricating oil is a crucial component in maintaining engine reliability and so monitoring its condition is essential. Furthermore the lubricating oil offers early indication of various other engine faults. Current approaches to oil-based condition monitoring involve samples being sent for land based testing which involves considerable delay during which the situation could deteriorate further. Furthermore there is a substantial risk of contamination. The POSSEIDON project aimed to address this by developing a system involving real-time condition monitoring sensors observing the properties of the lubricating oil. Novel sensors were developed which address the specific issues associated with the marine environment. Furthermore, to complement the sensor system outputs, specific monitoring and diagnosis software has been developed to support the operation of onboard personnel with specific advice. On-line management of engine and lubricant condition aboard the ship may thus be achieved. In this paper we will describe the progress achieved in this area by the recently completed POSSEIDON project, outline the opportunities for ongoing development in this area and describe the roadmap for future development. The Reliability Centered Maintenance (RCM) paradigm will be applied to identify critical aspects of oil condition and prioritize parameters for measurement. The critical issues for development of the prototype unit into a viable commercial unit will be discussed including hardware design constraints, sensor miniaturization and display optimization. Issues such onboard connectivity, ship to shore communications will also be addressed.

  5. METHODOLOGICAL BASES OF PRACTICAL APPLICATION OF PRODUCTION COSTS MANAGEMENT ACCOUNTING AT OIL AND FAT ENTERPRISES

    Directory of Open Access Journals (Sweden)

    E. Mykhalska

    2014-12-01

    Full Text Available Implementing of models of production costs management accounting in response to responsibility centers into Ukrainian oil and fat enterprises is the aim of their full optimization in terms of current competitive market. Setting production costs as an object of every single responsibility center will enable to update the whole range of accounting operations on costs paperwork, used raw and other materials assessment, cost recovery from labour costs with benefits-related deduction, depreciation recovery due to season production variability, services distribution of auxiliary and service departments and general production costs. In this regard, referring to the current costs accounting at oil and fat enterprises of Ukraine it should be admitted that the main purpose of the article is to explore the above-mentioned issues.

  6. 10 CFR 904.5 - Revenue requirements.

    Science.gov (United States)

    2010-01-01

    ... PROJECT Power Marketing § 904.5 Revenue requirements. (a) Western shall collect all electric service... September 30, 1987. (g) If integrated operation of the Boulder Canyon Project with other Boulder City Area...

  7. 78 FR 16915 - Internal Revenue Service

    Science.gov (United States)

    2013-03-19

    ... activities of certain taxpayers under the passive activity loss and credit limitations of Internal Revenue... request for OMB approval. All comments will become a matter of public record. Comments are invited on: (a...

  8. Proceedings of the Infonex oil sands 2005 conference : an industry summit on emerging trends in exploration, production and resource management

    International Nuclear Information System (INIS)

    2005-01-01

    This conference provided a forum to discuss the opportunities and challenges facing the oil sands industry with particular reference to resource characterization and supply and market outlooks to 2015. The driving forces behind oil sands development were also identified. The conference featured 12 presentations that dealt with a range of issues including resource management; operations management; price and cost sharing; emerging transmission pipeline challenges and opportunities; the fiscal regime for oil sands; minimizing the environmental impact of oil sands development; cumulative effects management and the regulatory approval process. An overview of a joint venture by Alberta Environment Northern Region and the Alberta Geological Survey to update existing maps of buried bedrock and drift channels in the oil sands mining and in-situ recoverable areas was included along with an overview of economic and environmental benefits of gasification. A new technology known as multiphase superfine atomized residue (MSAR) as an alternate fuel in oil sands production was discussed along with the issue of bridging the gap between the oil sand industry and First Nations partners. Three of the 12 presentations were catalogued separately for inclusion in this database. tabs., figs

  9. Public Investment, Revenue Shocks, and Borrowing Restrictions

    OpenAIRE

    Büttner, Thiess; Wildasin, David E.

    2010-01-01

    This paper lays out a theory of taxation and public investment in an intertemporal setting under conditions of revenue shocks. Without borrowing restrictions, the optimal policy is characterized by smooth time paths of taxes and public investment. While the introduction of formal borrowing restrictions leads to some precautionary savings, it gives rise to fluctuations in public investment in response to adverse but also favorable revenue shocks. This theoretical result is tested empirically u...

  10. Inadequate Revenue Threatens Afghanistan’s Stability

    OpenAIRE

    Sternlieb, Steve

    2014-01-01

    If Afghanistan is to maintain some semblance of stability in 2014 and beyond it must prepare for a substantial donor funding reduction and seek to grow its domestic revenue. Funding for the Afghan government’s operating expenses as well as further development projects is heavily dependent on donor support. Unfortunately for Afghanistan, its fiscal position is eroding as domestic revenues decline, expenses rise, and donor aid falls. Security gains as well as public services and economic develo...

  11. New FASB standard addresses revenue recognition considerations.

    Science.gov (United States)

    McKee, Thomas E

    2015-12-01

    Healthcare organizations are expected to apply the following steps in revenue recognition under the new standard issued in May 2014 by the Financial Accounting Standards Board: Identify the customer contract. Identify the performance obligations in the contract. Determine the transaction price. Allocate the transaction price to the performance obligations in the contract. Recognize revenue when--or in some circumstances, as--the entity satisfies the performance obligation.

  12. Managing regional cumulative effects of oil sands development in Alberta, Canada

    International Nuclear Information System (INIS)

    Spaling, H.; Zwier, J.

    2000-01-01

    This paper demonstrates an approach to regional cumulative effects management using the case of oil sands development in Alberta, Canada. The 17 existing, approved, or planned projects, all concentrated in a relatively small region, pose significant challenges for conducting and reviewing cumulative effects assessment (CEA) on a project-by-project basis. In response, stakeholders have initiated a regional cumulative effects management system that is among the first such initiatives anywhere. Advantages of this system include (1) more efficient gathering and sharing of information, including a common regional database, (2) setting acceptable regional environmental thresholds for all projects, (3) collaborative assessment of similar cumulative effects from related projects, (4) co-ordinated regulatory review and approval process for overlapping CEAs, and (5) institutional empowerment from a Regional Sustainable Development Strategy administered by a public authority. This case provides a model for integrating project-based CEA with regional management of cumulative effects. (author)

  13. Poweo 9-month revenue up 40%

    International Nuclear Information System (INIS)

    2007-11-01

    POWEO, an electricity and gas alternative operator in France, presents in this document its key business indicators for the third quarter of 2007. POWEO recorded another strong increase in revenue in the third quarter of 2007, up 63% year-on-year to euro 77.0 million. As a result, revenue year-to-date increased to euro 233.2 million, up 40% compared with the first 9 months of 2006. Active customer sites reached 87,815 at September 30, 2007, up from 86,200 at June 30, 2007. As of September 30, 2007, this number breaks down into 80,257 electricity sites, of which 78,921 for professional customers and 1,336 for residential customers, and 7,558 gas sites, of which 7,313 for professional customers and 245 for residential customers. Since October 1, 2007, 3,224 new residential customer sites have confirmed their subscription to one of POWEO's gas or electricity offers, which means that as at December 1, 2007, more than 4,500 customers will have changed suppliers since the liberalization of the residential market on July 1 of this year. Contracts signed before the summer with several large accounts in the private and public sectors started to generate revenue in the third quarter. Over 130 GWh of electricity was supplied under these contracts. In application of POWEO's tariff pegging clause, the rise in regulated tariffs decided in August by the French authorities was passed on to the company's customers. This led to a very moderate increase in their energy bills of around 1% on average. The upturn in forward electricity prices seen since September resulted in a euro 1.4 million marked-to-market adjustment to the value of the forward contracts and options held in the Energy Management portfolio. On the other hand, the settlement of certain contracts before the price upturn resulted in realised losses of euro 2.3 million. The rise in market prices has accelerated since the end of the third quarter in the wake of the increase in prices for coal and gas. Were prices to hold

  14. Assessing, planning, and management of North Sea oil development effects in the Shetland Islands

    International Nuclear Information System (INIS)

    Nelson, J.G.; Butler, R.W.

    1993-01-01

    The Shetland Islands have long had the reputation of having planned and managed the onshore effects of offshore petroleum development very well. The islands are seen as something of a model for others to follow and have frequently been visited since the beginning of northern North Sea oil development in the early 1970s by those wishing to learn how to best approach offshore petroleum development in their home areas. In this assessment the authors wish to focus on views expressed on the effectiveness of the planning and managing of onshore effects of petroleum development and present an overview of interviewee statements on future issues. Emphasis will be placed on the environmental aspects, where that term is taken for present purposes, to include fauna, flora, water quality, and other resources and their relationships to industries such as fishing and tourism--although observations will also be made about planning and management of land use and socio-economic effects. The paper concludes with an attempt to set their findings in a broader pluralist context by relating them to the views expressed in recent books by Shetland residents that contain observations on oil effects although written for more general purposes

  15. Visual operations management tools applied to the oil pipelines and terminals standardization process: the experience of TRANSPETRO

    Energy Technology Data Exchange (ETDEWEB)

    Almeida, Maria Fatima Ludovico de [Pontificia Universidade Catolica do Rio de Janeiro (PUC-Rio/ITUC), Rio de Janeiro, RJ (Brazil). Instituto Tecnologico; Santiago, Adilson; Ribeiro, Kassandra Senra; Arruda, Daniela Mendonca [TRANSPETRO - PETROBRAS Transporte S.A., Rio de Janeiro, RJ (Brazil)

    2009-07-01

    This paper describes the process by which visual operations management (VOM) tools were implemented, concerning standards and operational procedures in TRANSPETRO's Oil Pipelines and Terminals Unit. It provides: a brief literature review of visual operations management tools applied to total quality management and the standardization processes; a discussion of the assumptions from the second level of VOM (visual standards) upon which TRANSPETRO's oil pipelines and terminals business processes and operational procedures are based; and a description of the VOM implementation process involving more than 100 employees and one illustrative example of 'Quick Guides' for right-of- way management activities. Finally, it discusses the potential impacts and benefits of using VOM tools in the current practices in TRANSPETRO's Oil Pipelines and Terminals Unit, reinforcing the importance of such visual guides as vital to implement regional and corporate procedures, focusing on the main operational processes. (author)

  16. Visual operations management tools applied to the oil pipelines and terminals standardization process: the experience of TRANSPETRO

    Energy Technology Data Exchange (ETDEWEB)

    Almeida, Maria Fatima Ludovico de [Pontificia Universidade Catolica do Rio de Janeiro (PUC-Rio/ITUC), Rio de Janeiro, RJ (Brazil). Instituto Tecnologico; Santiago, Adilson; Ribeiro, Kassandra Senra; Arruda, Daniela Mendonca [TRANSPETRO - PETROBRAS Transporte S.A., Rio de Janeiro, RJ (Brazil)

    2009-07-01

    This paper describes the process by which visual operations management (VOM) tools were implemented, concerning standards and operational procedures in TRANSPETRO's Oil Pipelines and Terminals Unit. It provides: a brief literature review of visual operations management tools applied to total quality management and the standardization processes; a discussion of the assumptions from the second level of VOM (visual standards) upon which TRANSPETRO's oil pipelines and terminals business processes and operational procedures are based; and a description of the VOM implementation process involving more than 100 employees and one illustrative example of 'Quick Guides' for right-of- way management activities. Finally, it discusses the potential impacts and benefits of using VOM tools in the current practices in TRANSPETRO's Oil Pipelines and Terminals Unit, reinforcing the importance of such visual guides as vital to implement regional and corporate procedures, focusing on the main operational processes. (author)

  17. Management according to financial indicators. Short-termism of the oil companies; Styring etter finansielle indikatorer - er oljeselskapene kortsiktige?

    Energy Technology Data Exchange (ETDEWEB)

    Osmundsen, Petter; Soerenes, Terje; Lindbaeck, Morten E.; Wigestrand, Arnstein O.

    2002-07-01

    Taking the oil companies as an example, the authors describe some of the valuation methods used by analysts and investment banks. The financial indicators used by the market form an incentive structure for the management of the companies. The article discusses how this affects the behaviour of the companies. It also discusses implications for resource management.

  18. Water Use and Management in the Bakken Shale Oil Play in North Dakota.

    Science.gov (United States)

    Horner, R M; Harto, C B; Jackson, R B; Lowry, E R; Brandt, A R; Yeskoo, T W; Murphy, D J; Clark, C E

    2016-03-15

    Oil and natural gas development in the Bakken shale play of North Dakota has grown substantially since 2008. This study provides a comprehensive overview and analysis of water quantity and management impacts from this development by (1) estimating water demand for hydraulic fracturing in the Bakken from 2008 to 2012; (2) compiling volume estimates for maintenance water, or brine dilution water; (3) calculating water intensities normalized by the amount of oil produced, or estimated ultimate recovery (EUR); (4) estimating domestic water demand associated with the large oil services population; (5) analyzing the change in wastewater volumes from 2005 to 2012; and (6) examining existing water sources used to meet demand. Water use for hydraulic fracturing in the North Dakota Bakken grew 5-fold from 770 million gallons in 2008 to 4.3 billion gallons in 2012. First-year wastewater volumes grew in parallel, from an annual average of 1,135,000 gallons per well in 2008 to 2,905,000 gallons in 2012, exceeding the mean volume of water used in hydraulic fracturing and surpassing typical 4-year wastewater totals for the Barnett, Denver, and Marcellus basins. Surprisingly, domestic water demand from the temporary oilfield services population in the region may be comparable to the regional water demand from hydraulic fracturing activities. Existing groundwater resources are inadequate to meet the demand for hydraulic fracturing, but there appear to be adequate surface water resources, provided that access is available.

  19. Risk assessment and cost-benefit techniques as management tools for oil spill prevention

    International Nuclear Information System (INIS)

    Diller, S.

    1998-01-01

    In the last 15 years, and especially after remarkable large technological accidents like Bhopal, San Juanico, Tacoa, Piper Alpha, Exxon Valdez, Sea Empress, etc, the risk assessment tools have become a must for design engineers and also have been growing popular since more reliable oil spill accident analysis data has been gathered in the last ten years. On the other hand the large investments that have been necessary to execute in order to adequate and improve old facilities, equipment, etc., and the total loss control enhancements in new projects, have created some concern on how safe is safe and how much money is it necessary to spend in order to be sufficiently preventative without getting into financial trouble and being technologically sound according to the growing global concern about environmental issues. Concepts are presented in risk prevention and oil spill risk assessment, and examples are developed in order to understand the link between different oil spill risk prevention options and the management finance decision making process. (author)

  20. Development of decision support system for oil spill management in the Mediterranean Sea

    Science.gov (United States)

    Liubartseva, Svitlana; Coppini, Giovanni; Pinardi, Nadia; De Dominicis, Michela; Marra, Palmalisa; Lecci, Rita; Turrisi, Giuseppe; Creti, Sergio; Martinelli, Sara; Agostini, Paola; Palermo, Francesco

    2016-04-01

    Possible oil spill accidents and operational pollution could have severe impacts on the Mediterranean basin. It is therefore crucial to provide decision makers, stakeholders, and public with trustworthy DSS (Decision Support System) based on the environmental monitoring, state-of-the-art modeling and innovative technology platforms. Innovative web-based decision support system, called WITOL (Where Is The Oil http://www.witoil.com), has been developed to maintain emergency management in case of oil spill accidents. WITOIL embraces (1) Lagrangian oil spill model MEDSLIK-II (De Dominicis et al., 2013 http://medslikii.bo.ingv.it) coupled with the basin-scale and regional operational oceanographic services; (2) two-modular block of oil spill forecast and uncertainty evaluation; (3) user visualization tool including web and mobile interface with visualization of geospatial information by means of Google Maps. Service-oriented approach plays a key role in the WITOIL DSS development. The system meets the real-time requirements in terms of performance and in dynamic service delivery. Client part of WITOIL is presented by a 8-language GUI (Graphical User Interface) supplied with a great variety of user services including a video tutorial (https://www.youtube.com/watch?v=qj_GokYy8MU). GUI allows users to configure and activate the system, visualize the results using Google Maps, and save them afterwards. Not only does a new generation of DSS require the oil spill forecast, but it also needs the evaluation of uncertainty, which is critical for efficient response, recovery, and mitigation. Uncertainty in prediction of the oil transport and transformation stems from the uncertain environment and data-sparse. A new methodology of uncertainty calculation with respect to initial conditions is incorporated in WITOIL DSS. The results are presented in probability terms. Special application to Android has been implemented to support users involved in the field operations. The system is

  1. Applying the Analytic Hierarchy Process to Oil Sands Environmental Compliance Risk Management

    Science.gov (United States)

    Roux, Izak Johannes, III

    Oil companies in Alberta, Canada, invested $32 billion on new oil sands projects in 2013. Despite the size of this investment, there is a demonstrable deficiency in the uniformity and understanding of environmental legislation requirements that manifest into increased project compliance risks. This descriptive study developed 2 prioritized lists of environmental regulatory compliance risks and mitigation strategies and used multi-criteria decision theory for its theoretical framework. Information from compiled lists of environmental compliance risks and mitigation strategies was used to generate a specialized pairwise survey, which was piloted by 5 subject matter experts (SMEs). The survey was validated by a sample of 16 SMEs, after which the Analytic Hierarchy Process (AHP) was used to rank a total of 33 compliance risks and 12 mitigation strategy criteria. A key finding was that the AHP is a suitable tool for ranking of compliance risks and mitigation strategies. Several working hypotheses were also tested regarding how SMEs prioritized 1 compliance risk or mitigation strategy compared to another. The AHP showed that regulatory compliance, company reputation, environmental compliance, and economics ranked the highest and that a multi criteria mitigation strategy for environmental compliance ranked the highest. The study results will inform Alberta oil sands industry leaders about the ranking and utility of specific compliance risks and mitigations strategies, enabling them to focus on actions that will generate legislative and public trust. Oil sands leaders implementing a risk management program using the risks and mitigation strategies identified in this study will contribute to environmental conservation, economic growth, and positive social change.

  2. Agricultural management, season and trace elements effects on volatile oil production from Melissa officinalis L. (Lemon balm)

    International Nuclear Information System (INIS)

    Sussa, Fabio Vitorio; Duarte, Celina Lopes; Silva, Paulo Sergio Cardoso da; Furlan, Marcos Roberto

    2016-01-01

    The objective of this study was to provide information about organic and mineral fertilization, season and trace elements effects on volatile oil production by the species Melissa officinalis. Elemental concentration was determined by instrumental neutron activation analysis and atomic absorption spectrometry. The volatile oil was extracted by hydrodistillation and analyzed by gas chromatography coupled to a mass spectrometer. The elemental content and the main compounds vary according to agricultural management and season. The results indicate that the production of volatile oil main compounds from M. officinalis is correlated with the concentrations of Na, Co, Rb, Cd, Cs, La, Sm and Hf. (author)

  3. Conflict Approaches of Effective Project Manager in the Upstream Sector of Indonesian Oil & Gas Industry

    Directory of Open Access Journals (Sweden)

    Adhi Cahyono

    2012-11-01

    Full Text Available Normal 0 false false false IN X-NONE AR-SA MicrosoftInternetExplorer4 Conflict can be functional or dysfunctional to the organization’s performance. This study focused on the relationship between conflict approaches implemented by the project manager based on project team member’s perception on the effectiveness of the project manager in managing project’s conflict. Questionnaires were modified from Barker et al. (1988 to measure conflict management approaches and outcomes of managing project conflict. Data were gathered from 57 respondents who worked in the Engineering, Procurement, and Construction (EPC contractors serving the upstream sector of the Oil and Gas industry in Indonesia. By using Pearson correlation, result of this study indicated that project managers were perceived to be effective in managing project conflict when implementing cooperative and confi rmative approaches, but ineffective when combining competitive and avoidance approaches. Further research should investigate correlation between cultural dimensions with conflict approaches and outcomes of managing conflict. Keywords: Conflict approaches, effective project manager, EPC contractors, upstream sector of oil and gas industry /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin-top:0cm; mso-para-margin-right:0cm; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0cm; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:Arial; mso-bidi-theme-font:minor-bidi; mso-fareast-language:EN-US;}

  4. Make the Alberta Carbon Levy Revenue Neutral

    Directory of Open Access Journals (Sweden)

    Kenneth J. McKenzie

    2016-04-01

    Full Text Available The new carbon levy of $30 per tonne, announced in November 2015 as part of the report issued by the Alberta government’s Climate Leadership Panel, is a positive move in the direction of pricing carbon emissions. The levy is expected to generate $3 billion in net revenue by 2018, and possibly as much as $5 billion by 2030. While there is some discussion in the report of what should be done with the revenues generated by the carbon levy, it is somewhat vague on the details, leaving a number of options open to the government. The purpose of this briefing paper is to argue that the revenues from the carbon levy should be used to lower existing taxes – the carbon tax should be revenue neutral, generating no new net revenue for the government. The basic argument is that the carbon levy can be viewed through two lenses. The first lens is the imposition of a price on carbon emissions which (at least partly reflects the social costs of emissions. Viewed through this price lens, the carbon levy plays an important role in incenting firms and individuals to change their behaviour and move towards less carbon intensive activities. The second lens is the role of a carbon tax as a part of the broad revenue system. Viewed through this tax lens, a carbon tax is not a very good, or efficient, way of generating revenue. The reason for this is somewhat nuanced, but the basic idea is that the carbon tax is applied to a narrower base than broader-based taxes. Broad based taxes generally impose lower costs on the economy than narrow based taxes. Moreover, carbon taxes interact with other taxes in the economy, exacerbating the economic costs associated with those taxes. And those costs are quite high – research shows that the total cost to the economy of raising an additional $1 in revenue through the corporate income tax in Alberta is $3.79; for the personal income tax the cost is $1.71. These taxes therefore impose higher costs on the economy than they raise

  5. Maintenance Management Performance – An Overview towards Evaluating Malaysian Palm Oil Mill

    Directory of Open Access Journals (Sweden)

    Nazim Baluch

    2012-01-01

    Full Text Available Deficient maintenance management can severely affect competitiveness of an organization byreducing throughput, increasing inventory, and leading to poor performance. Performancecannot be managed without measurement: it provides the required information to themanagement for effective decision making; and is used by industries to assess progressagainst set goals and objectives in a quantifiable way for effectiveness and efficiency. For thepalm oil mills to stay competitive, it is imperative that they elevate the maintenancemanagement role; from a cost center to the strategic partner in business. This paperhighlights how measuring maintenance performance helps us identify the factors causing poorperformance, and provides an opportunity to improve company’s profits.Key words: key performance indicators, lean, total productive maintenance

  6. Challenges associated with pre-border management of biofouling on oil rigs.

    Science.gov (United States)

    Hopkins, Grant A; Forrest, Barrie M

    2010-11-01

    The potential for oil rigs to transport diverse, reef-like communities around the globe makes them high risk vectors for the inadvertent spread of non-indigenous species (NIS). This paper describes two case studies where a suite of pre-border management approaches was applied to semi-submersible drilling rigs. In the first case study, a drilling rig was defouled in-water prior to departure from New Zealand to Australia. Risk mitigation measures were successful in reducing biosecurity risks to the recipient region, but they resulted in the unintentional introduction of the non-indigenous brown mussel (Perna perna) to New Zealand when the rig was defouled in-water by divers. In the second case study, lessons learned from this high-profile incursion resulted in a more structured approach to pre-border management, and this serves as a useful template for future rig transfers. Copyright © 2010 Elsevier Ltd. All rights reserved.

  7. CMSMAP : oil, chemical, search and rescue, and marine emergency response crisis management system

    International Nuclear Information System (INIS)

    Anderson, E.L.; Howlett, E.; Galagan, C.; Giguere, T.; Wee, F.; Chong, J.

    2002-01-01

    This paper describes a newly developed Crisis Management System (CMS) which makes it possible to view oil and chemical spills on the seafloor. The CMS is designed to run in a network environment, so that multiple stations can be used cooperatively to respond to a spill incident. It was developed by the Maritime and Port Authority in Singapore and represents a singular integration of a ship's bridge simulator hardware and software. It incorporates numerical models and emergency response software. The CMS is installed in a specifically designed building at the Singapore Polytechnic University, and is integrated with two shipping bridge simulators. One user interface has access to models dealing with oil spills, chemical spills, search and rescues, marine emergencies, and nuclear disasters. The interface is linked to a response management system. The entire system is used to train response personnel to marine emergencies. The histories and costs of planned response activities are described and logged for reference purposes. Estimates of damages associated with spills can be obtained. Alternative response plans can also be determined. Further research in 2002 will focus on developing real time response. 3 refs., 6 figs

  8. 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)

  9. Changes in the marine pollution management system in response to the Amorgos oil spill in Taiwan.

    Science.gov (United States)

    Chiau, Wen-Yen

    2005-01-01

    The Marine Pollution Control Act (MPCA) of Taiwan was promulgated on November 1, 2000, with the specific aim of controlling marine pollution, safeguarding public health, and promoting the sustainable use of marine resources. In addition to land-based pollution, oil spills are one of the most significant threats to the local marine environment largely on account of the some 30,000 tankers which pass through Taiwan's coastal waters each year. In January 2001, two months after the enactment of this newly-introduced law, a Greek merchant vessel, the Amorgos ran aground in the vicinity of a national park on the southern tip of Taiwan, causing a serious oil spill and leading to considerable changes with regard to the marine pollution management system. The incident brought to the forefront many serious problems, such as a lack of experience, expertise as well as equipment required to respond to such disasters, as well as the ambiguous, unclear jurisdiction among related agencies. Thus, this paper reviews the incident of the Amorgos spill, identifies the major issues and lessons learned, and proposes several recommendations in an effort for Taiwan to further improve its marine pollution management system.

  10. Innovation in Hospital Revenues: Developing Retail Sales Channels.

    Science.gov (United States)

    Wright, Edward W; Marvel, Jon; Wright, Matthew K

    Hospitals are facing increasing cost pressures due to cutbacks by Medicare, Medicaid, and managed-care organizations. There are also rising concerns that public policy may exacerbate the problem. In lieu of these concerns, nascent innovative ways of generating increased revenues are beginning to appear. In particular, a few hospitals have adopted retail sales practices to generate significant nonmedical services revenues. The hospital retail sales opportunity has been compared with that of the airport industry where nearly 50% of revenues are generated by sales of retail products as opposed to aeronautical-related transactions. This initial investigation included a qualitative interview of a health care retail sales expert and a pilot survey of 100 hospital senior executives to gauge the current state of this phenomenon. The industry expert suggested that only 2% of US hospitals have pursued this initiative in a meaningful way. Of the 44 survey responses, only 9 institutions were engaged in e-commerce or retail sales activities. Questions remain as to why this opportunity remains unrealized, and additional research is proposed.

  11. Commitment to and preparedness for sustainable supply chain management in the oil and gas industry.

    Science.gov (United States)

    Wan Ahmad, Wan Nurul K; Rezaei, Jafar; Tavasszy, Lóránt A; de Brito, Marisa P

    2016-09-15

    Our current dependency on the oil and gas (O&G) industry for economic development and social activities necessitates research into the sustainability of the industry's supply chains. At present, studies on sustainable supply chain management (SSCM) practices in the industry do not include firm-internal factors that affect the sustainability strategies employed by different functional areas of its supply chains. Our study aims to address this gap by identifying the relevant internal factors and exploring their relationship with SSCM strategies. Specifically, we discuss the commitment to and preparedness for sustainable practices of companies that operate in upstream and downstream O&G supply chain. We study the impact of these factors on their sustainability strategies of four key supply chain functions: supplier management, production management, product stewardship and logistics management. The analyses of data collected through a survey among 81 companies show that management preparedness may enhance sustainable supply chain strategies in the O&G industry more than commitment does. Among the preparedness measures, management of supply chain operational risks is found to be vital to the sustainability of all supply chain functions except for production management practices. The findings also highlight the central importance of supplier and logistics management to the achievement of sustainable O&G supply chains. Companies must also develop an organizational culture that encourages, for example, team collaboration and proactive behaviour to finding innovative sustainability solutions in order to translate commitment to sustainable practices into actions that can produce actual difference to their SSCM practices. Copyright © 2016 Elsevier Ltd. All rights reserved.

  12. 14 CFR Sec. 2-5 - Revenue and accounting practices.

    Science.gov (United States)

    2010-01-01

    ... 14 Aeronautics and Space 4 2010-01-01 2010-01-01 false Revenue and accounting practices. Sec. 2-5... General Accounting Provisions Sec. 2-5 Revenue and accounting practices. (a) Revenue accounting practices... physically verify the reliability of its passenger revenue accounting practice at least once each accounting...

  13. 47 CFR 32.5003 - Cellular mobile revenue.

    Science.gov (United States)

    2010-10-01

    ... 47 Telecommunication 2 2010-10-01 2010-10-01 false Cellular mobile revenue. 32.5003 Section 32... SYSTEM OF ACCOUNTS FOR TELECOMMUNICATIONS COMPANIES Instructions For Revenue Accounts § 32.5003 Cellular mobile revenue. This account shall include message revenue derived from cellular mobile...

  14. The land of black gold, corruption, poverty and sabotage: Overcoming the Niger Delta’s problems through the establishment of a Nigerian Non-Renewable Revenue Special Fund (NNRSF

    Directory of Open Access Journals (Sweden)

    Adrian Gonzalez

    2016-12-01

    Full Text Available Through statistics published by the Shell Petroleum Development Company (SPDC, the paper explores why oilfield sabotage from 2009 to 2015 remains a problem in the Niger Delta, despite the 2009 amnesty programme. It explains why some of these incidents are a direct result of the failure to implement socio-economic development in successive state agencies due to corruption, a consequence of the natural resource curse. The article then explores why and how a Nigerian Non-Renewable Revenue Special Fund overseen by the United Nations Development Programme should be established which would not only manage a portion of oil revenue funds from the Niger Delta but also initiate valid social and economic projects in order to help reduce the prevalence of sabotage and instability in the region.

  15. Trade Policy Reform and the Missing Revenue

    DEFF Research Database (Denmark)

    Arndt, Thomas Channing; Tarp, Finn

    2008-01-01

    into a computable general equilibrium model of an African economy (Mozambique) to study the implications of trade policy reform. Model simulations indicate that lowering tariff rates and reducing duty-free importation in a manner that maintains official revenue benefit nearly everyone. The main exception is those......In many African countries, large discrepancies exist between revenues implied by published tariff rates multiplied by estimated import volumes and actual receipts. We develop a stylised trade model where average and marginal tariff rates diverge and incorporate insights from this model...

  16. A NOTE ON THE RELATIONSHIP BETWEEN CORRUPTION AND GOVERNMENT REVENUE

    OpenAIRE

    Jinyoung Hwang

    2002-01-01

    This paper empirically traces out the impacts of corruption on government revenue. The total amount of government revenue decreases as corruption reduces tax revenues if it contributes to tax evasion, improper tax exemptions or weak tax administration. In addition, corruption may distort the composition of government revenue: that is, a country with a higher level of corruption increases the proportion of international tax revenue rather than domestic tax one as the source of government reven...

  17. Common Health, Safety and Environmental Concerns in Upstream Oil and Gas Sector: Implications for HSE Management in Ghana

    Directory of Open Access Journals (Sweden)

    Seth Oppong

    2014-01-01

    Full Text Available This paper explores the literature to identify common occupational injuries, diseases, and psychological wellbeing on oil rigs as well as the negative environmental impacts of the upstream oil and gas sector. It ends by making recommendations for effective health, safety, and environmental (HSE management. Review of the literature showed that contusion (bruise, cuts, and laceration are the commonest occupational injuries that workers on the oil rig suffer and that the injuries mostly affect the hand and finger, leg, and eyes of the offshore workers. These injuries were found to be caused mostly by direct stroke, jamming and overstrain. Similarly, accidental poisoning, musculoskeletal disorders, respiratory disorders and diseases of the digestive system were also documented as the commonest occupational diseases among offshore workers. The literature also shows that working offshore is associated with poorer psychological wellbeing or health; this is to say that offshore workers tend to experience higher levels of stress, burnout, anxiety, depression, low job satisfaction (particularly with the environmental conditions associated with their work, and sleep disorders. Finally, the literature review indicated that land-use problems, air pollution, acid rain, climate change, habitat disruption, environmental degradation, oil spills and leakages are some of environmental impacts of upstream oil production. This review was concluded by recommending some measures for the management of the HSE hazards associated with the oil and gas sector.

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

    Directory of Open Access Journals (Sweden)

    Abolhassan Faghihi

    2012-10-01

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

  19. Environmental Management System of Petroleum Industries: A case study of Oil and Gas Exploration in the Zamrud Field Conservation Areas

    Directory of Open Access Journals (Sweden)

    Onny Setiani

    2015-12-01

    Full Text Available ABSTRACT Background:The Zamrud Field is one of the oil fields managed by Caltex Pacific Indonesia (CPI a production sharing contractor of Pertamina. It is located in the Coastal Plain and  Pekanbaru (CPP Block. The government of Indonesia has designated Zamrud as a conservation area. The petroleum industry in Zamrud fields has received 14001 ISO Certificate on Environmental Management System. The production sharing contract between CPI and the Government of Indonesia expired in August 2002 Methods: .This case study describes how CPI managed the development  of oil and gas production and compared to  the environmental management system for  petroleum industries  that should be taken  in the Zamrud conservation areas. Results: A number of specific measures were employed by CPI  to protect this sensitive area including a green seismic project, zero-discharge drilling, water management, preservation of nature and regular monitoring and impact assessment. There are two  important points that should be in consideration  for the environmental management system by CPI in the Zamrud areas, including top soil utilization to maintain biological and nutrients quality and re-vegetation in all areas of significant disturbances. Conclusion: oil and gas  exploration and production in conservation areas has to be managed through high commitment to good environmental  and social practices. Key words     : Environmental Management System (EMS, Petroleum Industries, Zamrud Field

  20. Oil sands development update

    International Nuclear Information System (INIS)

    1999-01-01

    A detailed review and update of oil sands development in Alberta are provided covering every aspect of the production and economic aspects of the industry. It is pointed out that at present oil sands account for 28 per cent of Canadian crude oil production, expected to reach 50 per cent by 2005. Based on recent announcements, a total of 26 billion dollars worth of projects are in progress or planned; 20 billion dollars worth of this development is in the Athabasca area, the remainder in Cold Lake and other areas. The current update envisages up to 1,800,000 barrels per day by 2008, creating 47,000 new jobs and total government revenues through direct and indirect taxes of 118 billion dollars. Provinces other than Alberta also benefit from these development, since 60 per cent of all employment and income created by oil sands production is in other parts of Canada. Up to 60 per cent of the expansion is for goods and services and of this, 50 to 55 per cent will be purchased from Canadian sources. The remaining 40 per cent of the new investment is for engineering and construction of which 95 per cent is Canadian content. Aboriginal workforce by common consent of existing operators matches regional representation (about 13 per cent), and new developers are expected to match these standards. Planned or ongoing development in environmental protection through improved technologies and optimization, energy efficiency and improved tailings management, and active support of flexibility mechanisms such as emission credits trading, joint implementation and carbon sinks are very high on the industry's agenda. The importance of offsets are discussed extensively along with key considerations for international negotiations, as well as further research of other options such as sequestration, environmentally benign disposal of waste, and enhanced voluntary action

  1. 'Virtual' central business office: how UMMS improved revenue cycle performance.

    Science.gov (United States)

    Henciak, Bill; Fontaine, Christine; Fields, Keith; Parks, Stacy

    2010-06-01

    Based on its experience with implementing a virtual central business office, UMMS recommends the following steps to ensure the success of such an initiative: Define the process flow for the organization's day-today revenue cycle operations prior to implementation. Then select best practices and milestones for managing accounts. Identify any possible technology issues that could arise during implementation prior to go live. Hold a midproject debriefing with staff. Develop an organizational chart that details who is responsible for handling issues that arise during implementation and afterward.

  2. Technical forums as an instrument for knowledge management in oil pipelines and terminals companies: the experience of TRANSPETRO

    Energy Technology Data Exchange (ETDEWEB)

    Almeida, Maria Fatima Ludovico de [Pontificia Universidade Catolica do Rio de Janeiro (PUC-Rio/ITUC), Rio de Janeiro, RJ (Brazil). Instituto Tecnologico; Santiago, Adilson; Ribeiro, Kassandra Senra; Arruda, Daniela Mendonca [TRANSPETRO - PETROBRAS Transporte S.A., Rio de Janeiro, RJ (Brazil)

    2009-07-01

    This paper describes the experience of TRANSPETRO's Oil Pipelines and Terminals Unit regarding an institutionalized knowledge management (KM) process of systematically promoting technical forums focused on: pipeline and terminal operations; industrial maintenance; and right-of-way activities management. This empirical work adds evidence that in the model of cooperative and communicative knowledge management it is necessary to motivate staff to provide the company with their tacit knowledge and to take a proactive part in knowledge management processes, particularly in technical forums. Within this KM perspective, technical forums have been held by TRANSPETRO for the following purposes: to discuss the main barriers and challenges the oil pipelines and terminals unit has to face in the coming years; to share and disseminate good practices concerning oil pipeline and terminal activities; to discuss new processes, methods and equipment developments with potential application in business and operational processes; to establish action plans concerning the main challenges, barriers and opportunities; to disseminate Research and Development (R and D) projects in course, new procedures, methods and equipment and to promote integration among forum attendees. The two year-experience in TRANSPETRO's Oil Pipelines and Terminals Unit revealed that technical forums have been an important instrument for cooperative and communicative knowledge management, according to evaluations from 173 attendees. (author)

  3. Technical forums as an instrument for knowledge management in oil pipelines and terminals companies: the experience of TRANSPETRO

    Energy Technology Data Exchange (ETDEWEB)

    Almeida, Maria Fatima Ludovico de [Pontificia Universidade Catolica do Rio de Janeiro (PUC-Rio/ITUC), Rio de Janeiro, RJ (Brazil). Instituto Tecnologico; Santiago, Adilson; Ribeiro, Kassandra Senra; Arruda, Daniela Mendonca [TRANSPETRO - PETROBRAS Transporte S.A., Rio de Janeiro, RJ (Brazil)

    2009-07-01

    This paper describes the experience of TRANSPETRO's Oil Pipelines and Terminals Unit regarding an institutionalized knowledge management (KM) process of systematically promoting technical forums focused on: pipeline and terminal operations; industrial maintenance; and right-of-way activities management. This empirical work adds evidence that in the model of cooperative and communicative knowledge management it is necessary to motivate staff to provide the company with their tacit knowledge and to take a proactive part in knowledge management processes, particularly in technical forums. Within this KM perspective, technical forums have been held by TRANSPETRO for the following purposes: to discuss the main barriers and challenges the oil pipelines and terminals unit has to face in the coming years; to share and disseminate good practices concerning oil pipeline and terminal activities; to discuss new processes, methods and equipment developments with potential application in business and operational processes; to establish action plans concerning the main challenges, barriers and opportunities; to disseminate Research and Development (R and D) projects in course, new procedures, methods and equipment and to promote integration among forum attendees. The two year-experience in TRANSPETRO's Oil Pipelines and Terminals Unit revealed that technical forums have been an important instrument for cooperative and communicative knowledge management, according to evaluations from 173 attendees. (author)

  4. 47 CFR 32.5200 - Miscellaneous revenue.

    Science.gov (United States)

    2010-10-01

    ...) The performance of customer operations services for others incident to the company's regulated... telecommunications services rendered by the company (this revenue includes taxes when borne by the lessee). It...) Contract services (plant maintenance) performed for others incident to the company's regulated...

  5. Biodiesel intercity passenger rail revenue service test.

    Science.gov (United States)

    2013-10-01

    Amtrak, with the support of the Federal Railroad Administration, operated a P-32 passenger locomotive in revenue service for a : period of 12 months, on a blend of 20 percent pure biodiesel and 80 percent #2 ultra-low sulfur diesel (ULSD) fuel. The G...

  6. 77 FR 35475 - Internal Revenue Service

    Science.gov (United States)

    2012-06-13

    ... contributions, consideration does not include de minimis goods or services. It also provides guidance on how..., maintenance, and purchase of services to provide information. Approved: June 6, 2012. Allan Hopkins, Tax... DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for...

  7. Piracy and Box Office Movie Revenues

    DEFF Research Database (Denmark)

    Peukert, Christian; Claussen, Jörg; Kretschmer, Tobias

    2017-01-01

    In this paper we evaluate the heterogeneous effects of online copyright enforcement. We ask whether the unexpected shutdown of the popular file hosting platform Megaupload had a differential effect on box office revenues of wide-release vs. niche movies. Identification comes from a comparison...

  8. 78 FR 25358 - Internal Revenue Service

    Science.gov (United States)

    2013-04-30

    ... 1995, Public Law 104-13(44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning... OMB control number. Books or records relating to a collection of information must be retained as long as their contents may become material in the administration of any internal revenue law. Generally...

  9. 78 FR 25359 - Internal Revenue Service

    Science.gov (United States)

    2013-04-30

    ..., Public Law 104-13(44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning Form... number. Books or records relating to a collection of information must be retained as long as their contents may become material in the administration of any internal revenue law. Generally, tax returns and...

  10. Gross Revenue risk in Swiss dairy farming

    NARCIS (Netherlands)

    Benni, El N.; Finger, R.

    2013-01-01

    This study investigated how agricultural policy reforms, including market liberalization and market deregulation, have influenced gross revenue risk of Swiss dairy producers using farm-level panel data between 1990 and 2009. Based on detrended data, variance decomposition was applied to assess how

  11. 77 FR 59455 - Internal Revenue Service

    Science.gov (United States)

    2012-09-27

    ...-37 describes documentation and information a taxpayer that uses the fair market value method of... elections to use the fair market value method. Current Actions: There are no changes being made to the... Revenue Procedure 2003-37, Documentation Provisions for Certain Taxpayers Using the Fair Market Value...

  12. 78 FR 69938 - Internal Revenue Service

    Science.gov (United States)

    2013-11-21

    ... U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning Employment Tax... consideration. ADDRESSES: Direct all written comments to Yvette Lawrence, Internal Revenue Service, Room 6129... [email protected] . SUPPLEMENTARY INFORMATION: Title: Employment Tax Adjustments. OMB Number: 1545...

  13. 75 FR 29818 - Internal Revenue Service

    Science.gov (United States)

    2010-05-27

    ... Voluntary Closing Agreement Program for Tax-Exempt, Tax Credit and Direct Pay Bonds Exempt Organizations... Tax Exempt and Government Entities Division (TE/GE); Meeting AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice. SUMMARY: The Advisory Committee on Tax Exempt and Government Entities (ACT) will...

  14. AREVA first half 2007 sales revenue

    International Nuclear Information System (INIS)

    2007-01-01

    The AREVA group's backlog as of June 30, 2007 was euros 33.5 billion, up 31% compared with that of December 31, 2006. On average, the Group's backlog increased by more than 20% annually over the last three years. It is now at the highest level since AREVA was established in 2001. All divisions contributed to this performance: - The Front End division signed in particular a major enrichment contract with KHNP (South Korea), a fuel supply contract with EDF covering the 2008-2012 period and other significant contracts with Japanese and Swedish utilities. - The Reactors and Services division added the Flamanville 3 EPR, ordered by EDF, to the backlog. Flamanville 3 is AREVA's 100. reactor order. - The Back End division also concluded a major contract with Sogin to treat used fuel stored at Italian nuclear sites. - The Transmission and Distribution division continued to record strong growth. New orders were up 24% compared with the first half of 2006 (+25.1% like-for-like). Important contracts were signed in the Middle East, Russia and with large industrial users of electricity. First half 2007 sales revenue was up 6.7% (+6.4% like-for-like) to euros 5373 million, compared with euros 5036 million for the first half of 2006. Major developments in the first half of 2007 include: - Sales revenue was down 2.8% to euros 1342 million in the Front End division (-3.6% like-for- like) due to uneven distribution of deliveries in the Fuel business unfavorable during the period. This timing issue has no impact on projected annual growth. The division continues to benefit from a gradual price increase for long-term uranium supply contracts. - Sales revenue was up 4.8% to euros 1154 million in the Reactors and Services division (+3% like-for-like). The Services business unit, especially, was a major contributor to growth on all its markets after a 2006 fiscal year marked by a weak demand. The start of construction of a second EPR reactor for EDF, Flamanville 3, also contributed to

  15. Gas projects surge in the Middle East as governments seek new revenue sources

    International Nuclear Information System (INIS)

    Williams, M.D.

    1997-01-01

    The rapid development of natural gas and condensate reserves in the Middle East results from a simple motivation: the desire of governments to earn revenues. For the past decade, Middle East governments have run budget deficits, which they funded by drawing down foreign assets and issuing debt. Now in the process of structural economic reform, they have begun to use an under-utilized resource--natural gas, of which Middle East governments own about one third of the world's reserves. Governments receive revenues from several sources in natural gas developments, which makes the projects very attractive. Revenue comes from the sale of the natural gas in the domestic market and, if exported, the international market; the sale of associated condensates; the additional exports of crude oil or refined products if natural gas is substituted for refined products in domestic markets; the increased sale of crude oil if natural gas is injected into reservoirs to maintain pressure; and the sale of petrochemicals where natural gas is used as feedstock. Large projects under way in the Middle East highlight the consequences of multiple revenue sources and interlinked costs of natural gas and condensate development. Other countries in the region are undertaking similar projects, so examples cited represent only a portion of what is occurring. The paper describes Abu Dhabi, Qatar, Saudi Arabia, and Iran

  16. Exergy analysis of integrated waste management in the recovery and recycling of used cooking oils.

    Science.gov (United States)

    Talens Peiró, Laura; Villalba Méndez, Gara; Gabarrell i Durany, Xavier

    2008-07-01

    Used cooking oil (UCO) is a domestic waste generated daily by food industries, restaurants, and households. It is estimated that in Europe 5 kg of UCO are generated per inhabitant, totalling 2.5 million metric tons per year. Recovering UCO for the production of biodiesel offers a way of minimizing and avoiding this waste and related pollution. An exergy analysis of the integrated waste management (IWM) scheme for UCO is used to evaluate such a possibility by accounting for inputs and outputs in each stage, calculating the exergy loss and the resource input and quantifying the possible improvements. The IWM includes the collection, pretreatment, and delivery of UCO and the production of biodiesel. The results show that the greatest exergy loss occurs during the transport stages (57%). Such exergy loss can be minimized to 20% by exploiting the full capacity of collecting vans and using biodiesel in the transport stages. Further, the cumulative exergy consumption helps study how the exergy consumption of biodiesel can be further reduced by using methanol obtained from biogas in the transesterification stage. Finally, the paper discusses how increasing the collection of UCO helps minimize uncontrolled used oil disposal and consequently provides a sustainable process for biodiesel production.

  17. Role of Uttara Vasti with Trivrit and Lasuna oil in the management of primary dysmenorrhea

    Science.gov (United States)

    Jahan, Shabnam; Sujatha, N.; Neelam

    2010-01-01

    Dysmenorrhea is one of the most common clinical entities encountered in regular practice by the gynecologists. Dysmenorrhea means painful menstruation. Fifty percent of the women suffer from dysmenorrhea. Primary dysmenorrhea is correlated with Udavartini yonivyapad in Ayurveda. No successful advances have been made in the line of management till today by western medicine. Therefore, a complete, comprehensive and holistic approach toward its understanding and treatment is the need of the age. In this series, Uttar Vasti, a unique panchakarma procedure, is studied for its role in yonivyapads. A research study was conductedto evaluate the efficacy of Uttar Vasti with Trivrit and Lasuna oil in Primary dysmenorrhea. Thirty-six diagnosed cases of Udavartini Yonivyapad, viz., primary (spasmodic) dysmenorrhea, were selected and randomly allocated into two groups. The effect of Uttar Vasti was compared with the commonly used non steroidal anti inflammatory drug (control group). Uttar Vasti with Operculina turpethum (Trivrit) and Allium sativum (Lasuna) oil has shown encouraging results in Udavartini yonivyapad. Statistically significant relief was seen in the intensity of pain and the successive cycles were less painful in the treated group as compared to control group. The mode of action can be attributed to anti-inflammatory (vatahara), vasodilatory (ushna virya) antispasmodic and laxative (anulomana) properties of the trial drugs. The present study shows Uttar Vasti as a safe and easy technique to treat dysmenorrhea like conditions without any side effects. PMID:22131715

  18. Assessment of waste management options in the oil and gas industry in Ghana using nuclear analytical techniques

    International Nuclear Information System (INIS)

    Ahialey, W. K.

    2013-07-01

    Ghana's oil find is growing steadily as more discoveries are being made. Oil and gas exploration and production coupled with their related activities produce wastes. These wastes could be put into three primary categories such as produced water, drilling cuttings and associated wastes (any other waste related with the exploration, development and production of crude oil or natural gas). These wastes may contain varying amount of contaminants such as heavy metals, suspended solid particles and radioactive materials such as Ra-226 or Rn-228, product of U-238 decay that occur in some geologic formations and sediments. The main objective of this study is to assess the waste management practices in the oil and gas industry in Ghana by qualification and quantification of waste generated during exploration and production, examining the system put in place by oil and gas companies to manage these wastes and also determine some basic contaminants in some of these wastes brought to shore for management. Waste samples were taken from Tema Oil Refinery (TOR) and Zeal Environmental Technology Limited at Takoradi. The samples were analyzed by Neutron Activation Analysis (NAA) and Flame Atomic Absorption Spectrometry (FAAS) analytical methods to determine heavy metals (Pb, Cd, Cr, Hg, As, Ag, Ba, Se) in the oily waste water, oil based mud, block and ash samples. The results showed that the levels of heavy metals were below the EPA permissible limit for discharge into the natural drainage except the level of Pb in the mud samples taken from Zeal before treatment. The levels ranged from 3.99mg/l to 7.44mgl. Even though these levels were above 0.1mg/l discharge standard limit, there was no cause for alarm because the levels dropped below the EPA limit after treatment. Furthermore, the quantity of general garbage deposited in the landfill at Takoradi be Zeal Environmental Technology Limited from 2011 to 2012 increased from 497m 3 to 1,314.29m 3 respectively. (author)

  19. Manitoba oil activity review, 1992

    International Nuclear Information System (INIS)

    1993-04-01

    In an annual survey of Manitoba's petroleum industry, data are presented on oil and natural gas leases and sales, geophysical activity, exploration and drilling activity, production, oil prices and sales value, royalties and taxes, direct revenues from oil exploration and development, reserves, industry expenditures, and oil fields. Throughout the report, explanations are given of the items covered. Descriptions are made of new developments, the oil market, oil policies, incentive programs, and industrial activities. During 1992, 28 wells were drilled, compared to 54 in 1991. Oil production was down ca 8% from 1991 levels, to 656,415 m 3 ; the value of the oil produced decreased 4% to ca $86.3 million; and provincial revenues from the oil industry decreased by 24%. Oil industry expenditures in the province were estimated at $58 million, down 16% from 1991. As of 4 January 1993, there were 11 oil fields and 120 non-confidential oil pools designated in Manitoba. Crude oil prices fluctuated throughout the year. In 1992, Manitoba's average crude oil price was $20.89/bbl, compared with 1991's average of $20.14/bbl. Manitoba Energy and Mines amended the Drilling Incentive Program to provide a 10,000 m 3 holiday volume for horizontal wells. 12 figs., 17 tabs

  20. Manitoba oil activity review, 1993

    International Nuclear Information System (INIS)

    1994-07-01

    In an annual survey of Manitoba's petroleum industry, data are presented on oil and natural gas leases and sales, geophysical activity, exploration and drilling activity, production, oil prices and sales value, royalties and taxes, direct revenues from oil exploration and development, reserves, industry expenditures, and oil fields. Throughout the report, explanations are given of the items covered. Descriptions are made of new developments, the oil market, oil policies, incentive programs, and industrial activities. During 1993, 87 wells were drilled, compared to 28 in 1992. Oil production was down ca 3% from 1992 levels, to 634,561 m 3 ; the value of the oil produced decreased 10% to ca $77.5 million; and provincial revenues from the oil industry decreased by 4%. Oil industry expenditures in the province were estimated at $73 million, up 26% from 1992. As of 4 January 1994, there were 11 oil fields and 120 non-confidential oil pools designated in Manitoba. Crude oil prices fluctuated throughout the year, between $15.12 and $21.50/bbl. In 1993, Manitoba's average crude oil price was $19.40/bbl, compared with 1992's average of $20.89/bbl. Manitoba Energy and Mines amended the Drilling Incentive Program to provide a 10,000 m 3 holiday volume for horizontal wells. 12 figs., 17 tabs

  1. 41 CFR 102-75.455 - May historic monuments be used for revenue-producing activities?

    Science.gov (United States)

    2010-07-01

    ..., rehabilitation, restoration, and maintenance of the property; (c) Approves the grantee's plan for financing the... connection with the management, operation, or development of the property for revenue producing activities... 41 Public Contracts and Property Management 3 2010-07-01 2010-07-01 false May historic monuments...

  2. Linking Effective Project Management to Business Strategy in Oil and Gas Industry through Decision-making Processes

    Science.gov (United States)

    Adeleke, Adeyinka

    The construction project in the oil and gas industry covers the entire spectrum of hydrocarbon production from the wellhead (upstream) to downstream facilities. In each of these establishments, the activities in a construction project include: consulting, studies, front-end engineering, detail engineering, procurement, program management, construction, installation, commissioning and start-up. Efficient management of each of the activities involved in construction projects is one of the driving forces for the successful completion of the project. Optimizing the crucial factors in project management during each phase of a project in an oil and gas industry can assist managers to maximize the use of available resources and drive the project to successful conclusions. One of these factors is the decision-making process in the construction project. Current research effort investigated the relationship between decision-making processes and business strategy in oil and gas industry using employee surveys. I recruited employees of different races, age group, genders, and years of experience in order understand their influence on the implementation of the decision-making process in oil and gas industry through a quantitative survey. Decision-making was assessed using five decision measures: (a) rational, (b) intuitive, (c) dependent, (d) avoidant, and (e) spontaneous. The findings indicated gender, age, years of work experience and job titles as primary variables with a negative relationship with decision-making approach for employees working in a major oil and gas industry. The study results revealed that the two most likely decision-making methods in oil and gas industry include: making a decision in a logical and systematic way and seek assistance from others when making a decision. Additionally, the two leading management approaches to decision-making in the oil and gas industry include: decision analysis is part of organization culture and management is committed to

  3. Robust technology and system for management of sucker rod pumping units in oil wells

    Science.gov (United States)

    Aliev, T. A.; Rzayev, A. H.; Guluyev, G. A.; Alizada, T. A.; Rzayeva, N. E.

    2018-01-01

    We propose a technology for calculating the robust, normalized correlation functions of the signal from the force sensor on the rod string attached to the hanger of the sucker rod pumping unit. The robust normalized correlation functions are used to form sets of informative attribute combinations, each of which corresponds to a technical condition of the sucker rod pumping unit. We demonstrate how these sets can be used to solve identification and management problems in the oil production process in real time using inexpensive controllers. The results obtained from using the system on real objects are also presented in this paper. It was determined that the energy saved and prolonged overhaul period substantially increased the cost-effectiveness.

  4. A decision framework for risk management, with application to the offshore oil and gas industry

    International Nuclear Information System (INIS)

    Aven, T.; Vinnem, J.E.; Wiencke, H.S.

    2007-01-01

    In this paper we present and discuss a decision framework for risk management. The framework comprises the basic elements: problem definition (challenges, goals and alternatives), stakeholders, concerns that affect the consequence analyses and the value judgments related to these consequences and analyses (frame conditions and constraints), identification of which consequence analyses to execute and the execution of these, managerial review and judgement, and the decision. The framework has novel aspects on the way of classifying the decision situations and characterising risks. The classification is based on the two dimensions, expected consequences, and uncertainties. Our starting point is the offshore oil and gas industry, but our framework and discussion is to a large extent general and could also be applied in other areas. An example is outlined to illustrate the use of the framework

  5. Industrial waste management - a case study at Attock oil refinery Ltd., Rawalpindi

    International Nuclear Information System (INIS)

    Ramay, M.I.; Hussain, S.; Tanveer, A.; Jabeen, Z.; Ehsann, S.

    2009-01-01

    remote sources and in storage facilities. The implementation has been planned in different phases to achieve the goal. In first phase cooling towers blow down water (96,000 liters/day) and drinking water treatment plants back wash water is being recycled and used for fire water, washing the plants area floors and gardening purposes. The work is in progress to recycle and reuse all refinery waste water. Bioremediation is being carried out of oily sludge recovered during the cleaning of the crude oil and products storage tanks. It is the safest technique in the world for such type of hazardous waste. The above technique is also being implemented for crude oil / product spillage during transportation. The waste from refinery and hospital is being incinerated in three stage incinerator meeting NEQS and minimizing impact on the environment. It is concluded that proper management of all type of wastes, implementing cleaner production techniques to minimize waste at the source contributes not only to protect the environment but also increases the profitability and meet corporate social responsibility. (author)

  6. Quantitative risk management in gas injection project: a case study from Oman oil and gas industry

    Science.gov (United States)

    Khadem, Mohammad Miftaur Rahman Khan; Piya, Sujan; Shamsuzzoha, Ahm

    2017-09-01

    The purpose of this research was to study the recognition, application and quantification of the risks associated in managing projects. In this research, the management of risks in an oil and gas project is studied and implemented within a case company in Oman. In this study, at first, the qualitative data related to risks in the project were identified through field visits and extensive interviews. These data were then translated into numerical values based on the expert's opinion. Further, the numerical data were used as an input to Monte Carlo simulation. RiskyProject Professional™ software was used to simulate the system based on the identified risks. The simulation result predicted a delay of about 2 years as a worse case with no chance of meeting the project's on stream date. Also, it has predicted 8% chance of exceeding the total estimated budget. The result of numerical analysis from the proposed model is validated by comparing it with the result of qualitative analysis, which was obtained through discussion with various project managers of company.

  7. Crises Management in the Oil and Gas Industry: The Niger Delta Experience

    Science.gov (United States)

    Odemene, Glory C.

    The Niger Delta crises escalated beyond the borders of the Nigerian nation to become an issue that affected individuals and corporations around the world. This study led to the discovery of how the local crises escalated with international implications. This discovery was accomplished by addressing how the Niger Delta crises escalated from villages to international scenes, with notable impacts on the environment, health, safety, security, and financial segments of local, international, private, and corporate entities. Using Sweeny's crisis decision theory and Lazarus and Folkman's coping theory, the study considered the coping strategies of community members, the decisions, and actions they took in response to the management approaches of the government and the oil and gas companies (OGCs). This qualitative study utilized historical narrative to collect data by interviewing 4 participants who lived and worked in the region during the crises. NVivo was used for manual and automatic coding of data, as well as for categorization and connection of codes. Content analysis of identified codes and categories revealed the themes and trends in the experiences narrated by participants. Findings include the root causes, trend of escalation, and management strategies of the government and the OGCs that influenced the crises. These findings will help to influence policies and practices in the region and enhance effective management of current and emerging conflicts, with possibilities of restoring stability and security in the areas and in the nation at large.

  8. Strategies for risk management using the paper markets [to minimize oil price risks

    International Nuclear Information System (INIS)

    Annesley, M.

    1993-01-01

    The severe price movement experienced within energy markets during the last few years have awakened significant interest in hedging, and other uses of the futures, options, forward and derivative markets, to minimise price risk. There are two basic strands of structure of the markets now available for risk mangement. The first of these is the Exchange markets (IPE, NYMEX, and SIMEX) providing various futures and options alternatives; the second is the forward cargo contracts. The liquidity in these forward cargo markets, is variable but the contracts do provide some hedging and price risk management opportunities, which supplement and complement the Exchange markets, particularly for the professional risk managers and market makers. A range of forward markets is potentially available serving all regions. The more recent development of widely used derivative contracts, notably the swaps and price triggering in physical sale contracts, gives further alternatives from which interested companies may choose. The derivative market, although by definition off-exchange' may use either the Exchanges, forward markets or various oil publications for establishing their prices. Therefore, Exchange futures and options, forward markets and either standard or individually tailored derivatives all provide possible solutions to the risk management needs of coping with today's volatile prices. (author)

  9. How automation helps steer the revenue cycle process.

    Science.gov (United States)

    Colpas, Phil

    2013-06-01

    If there's one aspect of healthcare that's omnipresent - that is connected in some way to virtually every component of the medical trade - it's the revenue cycle; and vendors' solutions to manage it are as varied as the experts we queried on this topic. The revenue cycle actually touches on nearly everything related to healthcare - from the time a patient books an appointment with a healthcare facility, until the patient and insurance company provide final payments for services rendered to the healthcare provider. Over the past several decades, software programs and computers have replaced ledger books and calculators. And while the goal of revenue cycle management (RCM) remains essentially the same, healthcare reform will make this process infinitely more complex, due to reduced reimbursements and the onset of ICD-10 in October 2014. Additionally, reimbursement will be tied to quality, rather than quantity. According to an Information Week article by Ken Terry, outsourcing of billing and collections continues to grow, "because hospitals and physician groups are not very good at these non-core tasks." Think writers and math: I know a great many writers, including yours truly, who possess truly weak math skills. Granted, both skills involve opposite brain hemispheres - different parts of the brain. But what may be even more important is the fact that math is not generally an integral component of the main function of writing. A similar situation exists in healthcare facilities; just replace writing with providing care for people. A 2012 Black Book Rankings survey states 96 percent of organizations are in the process of acquiring several crucial accountable care organization (ACO) data solutions, including clinical decision support, RCM, health information exchange (HIEs), electronic health records (EHRs), e-prescribing, data center security and storage solutions, business intelligence and care coordination management. So it's clear that RCM will continue to remain a

  10. The new challenges for oil-based sovereign wealth funds

    International Nuclear Information System (INIS)

    Aoun, Marie-Claire; Boulanger, Quentin

    2015-02-01

    Sovereign wealth funds (SWFs) are often presented as an effective instrument for managing hydrocarbon rents, reducing the impact of the volatility of oil or gas revenues on the economy, separating expenditure from income, and promoting a more transparent management of the rent. The asset allocation strategy has become more complex with the rapid rise in oil prices between 2007 and 2014, and the substantial financial reserves accumulated in hydrocarbon-producing countries, switching from an approach of wealth management to an approach of investment and financial optimisation. Hence, these funds have become major players on the international financial and industrial scene. Moreover, with the discovery of new hydrocarbon resources in recent years, particularly in Africa, the strategies of new funds appear to be moving towards a new goal of local economic development. But the unforeseen collapse of crude oil prices in recent months poses a new risk for some SWFs based on hydrocarbon revenues, which has to come to the aid of their economies and focus on their main principle of macro-economic stabilisation. (author)

  11. Combination of gamma radiation and essential oils from medicinal plants in managing Tribolium castaneum contamination of stored products

    International Nuclear Information System (INIS)

    Ahmadi, Mehrdad; Abd-alla, Adly Mohamed M.; Moharramipour, Saeid

    2013-01-01

    Effectiveness of management of insect infestation of stored products with essential oils as viable alternatives to synthetic insecticides can be enhanced with gamma radiation. We studied effects of sublethal doses of essential oils from Rosmarinus officinalis (L.) and Perovskia atriplicifolia (Benth) (safe natural insecticides) in combination with gamma radiation on mortality of adults of Tribolium castaneum (Herbst). The insects were subjected to two radiation doses and two concentrations of the essential oils in the air. This combined treatment increased the mortality, which was also 3–6 times higher than could be expected from the sum of the effects of each of the treatments. The synergistic effect was more pronounced in the case of R. officinalis (L.) than in the case of P. atriplicifolia (Benth). The experiments have shown that the known insecticidal effectiveness of the essential oils can be enhanced by preliminary irradiation. Possible approaches to implementation of the combined treatment are discussed. - Highlights: • The mortality of T. castaneum increased with an increase of the radiation dose. • R. officinalis was more toxic to T. castaneum than P. atriplicifolia. • Gamma radiation and essential oils could be used as combined methods in IPM. • Combination of radiation with essential oils made a synergistic effect. • The synergistic effect of the R–G was much more appropriate from P–G

  12. Standardization process aligned to integrated management system: the case of TRANSPETRO's Oil Pipelines and Terminals Unit

    Energy Technology Data Exchange (ETDEWEB)

    Almeida, Maria Fatima Ludovico de [Pontificia Universidade Catolica do Rio de Janeiro (PUC-Rio/ITUC), Rio de Janeiro, RJ (Brazil). Instituto Tecnologico; Labrunie, Charles; Araujo, Dario Doria de [TRANSPETRO - PETROBRAS Transporte S.A., Rio de Janeiro, RJ (Brazil). Diretoria de Terminais e Oleodutos

    2009-07-01

    This paper presents the implementation by PETROBRAS Transporte S.A. - TRANSPETRO of its Oil Pipelines and Terminals Standardization Program (PRONOT) within the scope of the 'Integrated Management System' (IMS). This program, launched in 2006 in the regions where the company operates, aims at standardizing all of its oil pipeline and terminal operations. Its implementation was planned in two phases: the first, already successfully concluded, refers to pipeline operations, industrial maintenance and right-of-way activities management; and the second, initiated in 2009, encompasses cross-sectional activities including health, safety and environment (HSE); training and development of oil pipeline workforce; communication with stake holders; oil pipeline integrity; and engineering project requirements. The documental structures of TRANSPETRO IMS and PRONOT are described and represented graphically to emphasize the intentional alignment of the standardization process carried out by the Oil Pipelines and Terminals Unit to the corporate IMS, based upon national and international literature review and through practical research focusing on the best international practices. (author)

  13. utilizing the tool of gis in oil spill management - a case study of etche

    African Journals Online (AJOL)

    xtz

    Data were collected and imported into GIS environment for analysis using ArcInfo ... identified as the major oil spill distributor. Out of total .... terrestrial traffic accidents, oil well blowout, off shore and ... networks as linear features, and the major.

  14. Causality Relationship between Crude Oil Variables and Budget Variables in Malaysia

    OpenAIRE

    Zakaria, Zukarnain; Shamsuddin, Sofian

    2017-01-01

    As an oil and gas exporter, Malaysia profited from higher world energy prices. However, the fall in oil prices from highs in 2014 significantly affected Malaysia’s government revenue (GR), hence its expenditure since the Malaysian GR still largely depends on oil revenues. Malaysia also has problems with high spending on energy subsidy, shrinking in its net crude oil export, and narrowing the gap between its crude oil production and consumption. Given this scenario, not only shocks in crude oi...

  15. Manitoba oil activity review, 1991

    International Nuclear Information System (INIS)

    1992-04-01

    In an annual survey of Manitoba's petroleum industry, data are presented on oil and natural gas leases and sales, geophysical activity, exploration and drilling activity, production, exports to other provinces and the USA, oil prices and sales value, royalties and taxes, direct revenues from oil exploration and development, reserves, industry expenditures, and oil fields. Throughout the report, explainations are given of the items covered. Descriptions are made of new developments, the oil market, oil policies, incentive programs, and industrial activities. During 1991, 54 wells were drilled, compared to 79 in 1990. Oil production was down ca 3% from 1990 levels, to 712,792 m 3 , the value of the oil produced decreased 21% to ca $90.3 million, and provincial revenues from the oil industry declined by 15%. Oil industry expenditures in the province were estimated at $69 million, down 9% from 1990. As of the end of 1991, there were 11 oil fields and 118 non-confidential oil pools designated in Manitoba. The forecast for 1992 indicates that exploration activity will increase in response to new incentive programs. Crude oil production is expected to decline slightly to about 667,000 m 3 . 9 figs., 17 tabs

  16. Mechanical - physical treatment of used motor oil within a sustainable waste management system

    Directory of Open Access Journals (Sweden)

    Đukić Veljko N.

    2015-01-01

    Full Text Available Waste oils are all mineral or synthetic oils that cannot be used for the purpose for which they were originally produced. These are: hydraulic oils, motor oils, ship oils, liquids for the transfer of heat or insulation, oily remains from reservoirs, oil-water emulsions and various oil-water mixtures. In its chemical makeup used motor oil contains hydrocarbons, organic minerals, heavy metals (cobalt, magnesium, iron, zinc, sulfur, chlorine, nitrogen, phosphorus, compounds from additives and other products that are dangerous as they have cancerous effects on health. As it is considered the biggest contaminant of the environment and classified as hazardous waste; special attention must be given in the handling of used motor oil to ensure its appropriate disposal. Setting up of a viable system for Mechanical-Physical Treatment of used motor oil makes it possible to re-use it as a secondary raw material i.e. the problem of collection, transportation, treatment and storing of the used motor oil is being solved. . The subject of this research is the advantage of the mechanical-physical treatment of used motor oil. Re- refined motor oil can be used for multiple purposes such as a base for the other synthetic oils, for heating etc. Improper disposal of used motor oil causes multiple damage; firstly, losing the valuable secondary base which, with the addition of certain additives, can be used as the basis for the other synthetic oils; secondly, causing damage to the environment by the pollution with inability to repair the damage to all environmental components.

  17. Strategy of Chavez determines oil future of Venezuela

    International Nuclear Information System (INIS)

    Widdershoven, C.

    2008-01-01

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

  18. Strategi Coverage, Distribution, Merchandising, Promotion Sebagai Upaya Peningkatan Sales Force Dan Revenue (Studi Kasus Pada PT. Telekomunikasi Seluler Cabang Malang)

    OpenAIRE

    Raka, Dyasc Achmad Hardha

    2014-01-01

    The purpose of this research is to clarify the application of the marketing strategies used by management to implement Coverage, Distribution, Merchandising and Promotion (CDMP) strategies as the basis for management decision in an effort to increase sales force performance and revenue. The influence of Coverage, Distribution, Merchandising and Promotion (CDMP) strategies on increasing sales force performance and revenue could look at a very significant sales sector. The locus of this resear...

  19. EFFECT OF REVENUE INSURANCE ON ENTRY AND EXIT DECISIONS IN TABLE GRAPE PRODUCTION: A REAL OPTION APPROACH

    OpenAIRE

    Seo, Sangtaek; Salin, Victoria; Mitchell, Paul D.; Leatham, David J.

    2004-01-01

    This study determines the entry and exit thresholds of table grape farming with irreversible investment under uncertainty. Real option approach is adopted to consider the investment and management flexibility. Also revenue insurance is introduced to consider the effect of the risk management programs on the entry and exit thresholds. Results show that revenue insurance increases the entry and exit thresholds by 1% and 4%, respectively, thus discouraging new investment and current farming, as ...

  20. Revenue rules when environmental regulation agencies collude

    International Nuclear Information System (INIS)

    Gaarn Hansen, L.

    1994-01-01

    In this paper the welfare implications of earmarking of revenues from environmental taxes in analyzed using a principal-agent model in the incomplete contracting tradition of constitutional design. In the model the public has very limited knowledge of the emissions problem to be regulated. Government has full knowledge and is given a general mandate to regulate, however government may be biased toward an interested party. To curb the welfare effects of government bias the public may either earmark revenues from environmental taxes for environmental expenditures or for transfers to the polluters. We find that earmarking for transfers to the polluters (under certain conditions) can be expected to maximize welfare when government bias is strong and the direction of bias is uncertain. (au) 10 refs

  1. Environmental impacts of the deep-water oil and gas industry: a review to guide management strategies

    Directory of Open Access Journals (Sweden)

    Erik E. Cordes

    2016-09-01

    Full Text Available The industrialization of the deep sea is expanding worldwide. Expanding oil and gas exploration activities in the absence of sufficient baseline data in these ecosystems has made environmental management challenging. Here, we review the types of activities that are associated with global offshore oil and gas development in water depths over 200 m, the typical impacts of these activities, some of the more extreme impacts of accidental oil and gas releases, and the current state of management in the major regions of offshore industrial activity including 18 exclusive economic zones. Direct impacts of infrastructure installation, including sediment resuspension and burial by seafloor anchors and pipelines, are typically restricted to a radius of approximately 100 m on from the installation on the seafloor. Discharges of water-based and low-toxicity oil-based drilling muds and produced water can extend over 2 km, while the ecological impacts at the population and community levels on the seafloor are most commonly on the order of 200-300 m from their source. These impacts may persist in the deep sea for many years and likely longer for its more fragile ecosystems, such as cold-water corals. This synthesis of information provides the basis for a series of recommendations for the management of offshore oil and gas development. An effective management strategy, aimed at minimizing risk of significant environmental harm, will typically encompass regulations of the activity itself (e.g. discharge practices, materials used, combined with spatial (e.g. avoidance rules and marine protected areas and temporal measures (e.g. restricted activities during peak reproductive periods. Spatial management measures that encompass representatives of all of the regional deep-sea community types is important in this context. Implementation of these management strategies should consider minimum buffer zones to displace industrial activity beyond the range of typical

  2. CBO’s Revenue Forecasting Record

    Science.gov (United States)

    2015-11-01

    by squaring the errors, it places a greater weight on larger deviations. The mean absolute error is an easier measure to understand , but the RMSE... macroeconomic measures like GDP as a guide because that relationship has been significantly altered over time by changes to provisions of tax law. Instead...CBO projects revenues largely by identifying the macroeconomic variables in its economic forecasts that constitute the bases on which the various

  3. Poweo 2006 consolidated revenue at euro 244 million, up 121%

    International Nuclear Information System (INIS)

    2007-01-01

    POWEO, the leading independent energy operator in France, presents in this document its key business indicators for the 4. quarter of 2006 and the full year: POWEO records again a strong rise of its annual revenue, exceeding its euro 220 million target. This progression relates to all the business components. The particularly soft climatic conditions recorded in France at the end of the year did not result in a significant fall of revenue compared to initial forecasts. The number of customer sites amounts to 80.300 at December 31, 2006, in progression of 23% compared to the end of 2005. The customer base remained overall stable during the second half of 2006, POWEO limiting voluntarily the acquisition of customers in electricity during the preparation of the opening to competition of the residential market due to take place on July 1, 2007. The gas customer base for its part more than doubled compared to end June 2006, with more than 5.000 customer sites transferred as at December 31, 2006. The Energy Management net margin, realised or un-realised, amounted to euro 49.7 million in 2006, recognised as revenue under IFRS standards. This includes the euro 22 million exceptional capital gain mentioned in previous financial releases in 2006, as well as a euro 7.9 million un-realised capital gain resulting from the transfer of some contracts into the Energy Management portfolio further to the capacity swap agreement with EDF announced publicly on January 3, 2007. The services provided by POWEO to its customers enjoy a high level of acceptance and represented revenue of euro 2.9 million in 2006. As from 2007, the revenue realised through these services will be presented separately from other components of revenue in order to better reflect its expected growth. The services offering will be indeed a key element of the marketing strategy of POWEO in the years to come, with a potentially significant impact on the results taking into account their level of gross margin which

  4. Implementation of an integrity management program in a crude oil pipeline system

    Energy Technology Data Exchange (ETDEWEB)

    Martinez, Maria; Tomasella, Marcelo [Oleoductos del Valle, General Roca (Argentina); Rossi, Juan; Pellicano, Adolfo [SINTEC S.A. , Mar del Plata, Buenos Aires (Argentina)

    2005-07-01

    The implementation of an Integrity Management Program (IMP) in a crude oil pipeline system is focused on the accomplishment of two primary corporative objectives: to increase safety operation margins and to optimize available resources. A proactive work philosophy ensures the safe and reliable operation of the pipeline in accordance with current legislation. The Integrity Management Program is accomplished by means of an interdisciplinary team that defines the strategic objectives that complement and are compatible with the corporative strategic business plan. The implementation of the program is based on the analysis of the risks due to external corrosion, third party damage, design and operations, and the definition of appropriate mitigation, inspection and monitoring actions, which will ensure long-term integrity of the assets. By means of a statistical propagation model of the external defects, reported by high-resolution magnetic inspection tool (MFL), together with the information provided by corrosion sensors, field repair interventions, close internal surveys and operation data, projected defect depth; remaining strength and failure probability distributions were obtained. From the analysis, feasible courses of action were established, including the inspection and repair plan, the internal inspection program and both corrosion monitoring and mitigation programs. (author)

  5. Alaska GRIN project : development of geospatial data management interface for oil spill and emergency response

    Energy Technology Data Exchange (ETDEWEB)

    Catalano, S. [Cook Inlet Regional Citizens Advisory Council, Kenai, AK (United States); Robertson, T.L. [Nuka Research and Planning Group LLC, Seldovia, AK (United States); DeCola, E. [Nuka Research and Planning Group LLC, Plymouth, MA (United States)

    2009-07-01

    A geographic response network (GRIN) project was conducted in 2005 to develop a computer-based tool for organizing maps and data related to oil spill and emergency response logistics and community resources. Originally conceived as an html-based website where information was organized based on incident command system divisions of responsibility, open source mapping applications are also being added to crate an interactive map interface with geospatially referenced information. GRIN information is organized by community. A locator map is embedded in the lower right-hand corner of each map. GRIN includes categories of information related to emergency management, air logistics, law enforcement, marine logistics, and shore-side logistics. A project is now being conducted by the Cook Inlet Regional Citizens' Advisory Council to convert the html-based GRIN into a geospatial data management tool. A prototype has now been populated with data for several Cook Inlet communities. GRIN can also be accessed on only computer with an Internet browser. It was concluded that the use of open source programming will make GRIN an easy tool for planners and emergency responders. 5 refs., 6 figs.

  6. KNOWLEDGE MANAGEMENT AS STRATEGY TO ACHIEVE COMPETITIVE ADVANTAGES IN OIL ORGANIZATIONS

    Directory of Open Access Journals (Sweden)

    María Fernando Arellano Morales

    2015-04-01

    Full Text Available Man's interest in knowing and transform his reality, has led to a continuous and incessant development of science and the production of knowledge inherent in them. This cyclical and systemic process has become itself abundance of knowledge that is daily creating and disseminating, surpassing even the physical spaces where it can be stored and beyond assimilation, use and transfer. The complex and changing knowledge in the activities of oil organizations undoubtedly demands designing strategies that transform and create new experiences, knowledge and skills, in order to innovate traditional management processes, information technology and communication, the intellectual capital and organizational culture. This paper aims to highlight the importance of Knowledge Management (KM when the enthusiasm and ability to learn intangible capital of an organization is involved to generate knowledge to make intelligent decisions. As argue Argyris and Schön (1978 Nonaka (1991 Kogut and Zander (1992 "knowledge is one of the most critical variables to achieve sustainable success in any organization." In addition to highlighting the success of organizations and the economy of the country depend on its ability to produce, assimilate, to use and transmit knowledge, to transform it into a competitive advantage.

  7. Vulnerability mapping as a tool to manage the environmental impacts of oil and gas extraction.

    Science.gov (United States)

    Esterhuyse, Surina; Sokolic, Frank; Redelinghuys, Nola; Avenant, Marinda; Kijko, Andrzej; Glazewski, Jan; Plit, Lisa; Kemp, Marthie; Smit, Ansie; Vos, A Tascha; von Maltitz, Michael J

    2017-11-01

    Various biophysical and socio-economic impacts may be associated with unconventional oil and gas (UOG) extraction. A vulnerability map may assist governments during environmental assessments, spatial planning and the regulation of UOG extraction, as well as decision-making around UOG extraction in fragile areas. A regional interactive vulnerability map was developed for UOG extraction in South Africa. This map covers groundwater, surface water, vegetation, socio-economics and seismicity as mapping themes, based on impacts that may emanate from UOG extraction. The mapping themes were developed using a normative approach, where expert input during the identification and classification of vulnerability indicators may increase the acceptability of the resultant map. This article describes the development of the interactive vulnerability map for South Africa, where UOG extraction is not yet allowed and where regulations are still being developed to manage this activity. The importance and policy implications of using vulnerability maps for managing UOG extraction impacts in countries where UOG extraction is planned are highlighted in this article.

  8. Oil in Syria between Terrorism and Dictatorship

    Directory of Open Access Journals (Sweden)

    Hussein Almohamad

    2016-05-01

    Full Text Available The sale of oil and gas is one of the most important components of the Syrian economy. Unfortunately, since the discovery of these resources, the Syrian people have not benefited from the revenues earned. This study deals with the development of oil and gas production and the geographical distribution of fields, as well as production control, deterioration of production, refining and selling mechanisms, and the resulting health and environmental impacts following Islamic State’s (IS control of the majority of oilfields in Syria. Since summer 2015, IS controls 80% of the fields with a production of 65,000 barrels per day (b/d; the Assad regime controls 8% of fields with 10,000 b/d; and Kurdish forces dominate the remaining 12% with 25,000 b/d. IS depends on oil as a major source of financing for its military and civilian activities, and has also managed to set up an extensive network of middlemen in neighbouring territories and countries, with the aim of trading crude oil for cash and other resources. IS produces and exports within its areas of control and sells part of the oil to the Assad regime, and another portion to the liberated areas, as well as to Iraq and Turkey.

  9. Does financial system influence tax revenue? The case of Nigeria ...

    African Journals Online (AJOL)

    We examined the influence of financial system activities on tax revenue ... our analysis showed that financial system activities influence tax revenue ... causality test and variance decomposition results corroborate our regression results.

  10. Adaptive Management and Planning Models for Cultural Resources in Oil and Gas Fields in New Mexico and Wyoming

    Energy Technology Data Exchange (ETDEWEB)

    Eckerle, William; Hall, Stephen

    2005-12-30

    In 2002, Gnomon, Inc., entered into a cooperative agreement with the U.S. Department of Energy (DOE) National Energy Technology Laboratory (NETL) for a project entitled, Adaptive Management and Planning Models for Cultural Resources in Oil and Gas Fields in New Mexico and Wyoming (DE-FC26-02NT15445). This project, funded through DOE’s Preferred Upstream Management Practices grant program, examined cultural resource management practices in two major oil- and gas-producing areas, southeastern New Mexico and the Powder River Basin of Wyoming (Figure 1). The purpose of this project was to examine how cultural resources have been investigated and managed and to identify more effective management practices. The project also was designed to build information technology and modeling tools to meet both current and future management needs. The goals of the project were described in the original proposal as follows: Goal 1. Create seamless information systems for the project areas. Goal 2. Examine what we have learned from archaeological work in the southeastern New Mexico oil fields and whether there are better ways to gain additional knowledge more rapidly or at a lower cost. Goal 3. Provide useful sensitivity models for planning, management, and as guidelines for field investigations. Goal 4. Integrate management, investigation, and decision- making in a real-time electronic system. Gnomon, Inc., in partnership with the Wyoming State Historic Preservation Office (WYSHPO) and Western GeoArch Research, carried out the Wyoming portion of the project. SRI Foundation, in partnership with the New Mexico Historic Preservation Division (NMHPD), Statistical Research, Inc., and Red Rock Geological Enterprises, completed the New Mexico component of the project. Both the New Mexico and Wyoming summaries concluded with recommendations how cultural resource management (CRM) processes might be modified based on the findings of this research.

  11. Cattle and the oil and gas industry in Alberta: a literature review with recommendations for environmental management

    International Nuclear Information System (INIS)

    Bertram, H.L.; Ceroici, W.J.; Coleman, R.N.; Coppock, R.W.; Florence, L.Z.; Johnson, R.L.; Khan, A.A.; Liem, A.J.; Schuler, M.M.; Smillie, R.D.; Wilson, M.A.; Yeung, P.P.Y.; Dabrowski, T.L.; Lyness, L.S.; Sevigny, J.H.

    1996-07-01

    Issues relating to the effect of the oil and gas industry on cattle production in Alberta, were discussed. A review of scientific literature, industry codes of practices and government regulations pertaining to the subject was compiled and the potential effects of substances on cattle production were examined. The substances used by Alberta's oil and gas industry in field activities such as exploration, drilling, property development, collection, transportation, refining and processing were described. The chemicals and their toxicological effects were identified. The atmospheric, groundwater and surface water pathways by which those substances are transported was studied. It was concluded that hydrogen sulfide, crude oil and salt water pose the greatest threat to cattle. The exact effects of aromatic hydrocarbons, liquid condensates, methane, carbon dioxide, heavy metals, glycols, methanol, and volatile organic compounds on cattle production, were not fully determined. Recommendations about environmental management, including the need for monitoring programs and research priorities, were presented. 166 refs., 49 tabs., 36 figs

  12. THE IMPACT OF ECONOMIC CRISIS ON THE FISCAL REVENUES

    Directory of Open Access Journals (Sweden)

    Inceu Adrian

    2009-05-01

    Full Text Available This paper tries to evaluate the situation of the fiscal revenues in Romania in the context of economic and financial crisis, because the fiscal revenues are the major source of financing the public expenditure. The evolution of the level of fiscal revenu

  13. Print Media Objectivity and Advertising Revenue: An Appraisal ...

    African Journals Online (AJOL)

    This paper is an analysis of the interface between objectivity of print media and advertising revenue. It adopts the analytical approach in analyzing the perceptual influence of sources of advert revenue on print media content. The primary objective is to ascertain whether the source of advert revenue influences media content ...

  14. A Revenue Planning Tool for Charter School Operators

    Science.gov (United States)

    Keller, Eric; Hayes, Cheryl D.

    2009-01-01

    This revenue planning tool aims to help charter school operators develop a sound revenue base that can meet their school's current and future funding needs. It helps identify and assess potential public (federal, state, and local) and private funding sources. The tool incorporates a four-step revenue planning process which includes: (1)…

  15. Revenue potential, tax space, and tax gap : a comparative analysis

    OpenAIRE

    Khwaja, Munawer Sultan; Iyer, Indira

    2014-01-01

    This paper contributes to the empirical literature on the key determinants of the revenue generating potential in 61 countries. The paper uses a broad set of data and econometric methods to conduct analyses that are of relevance to revenue potential. Earlier studies have not distinguished between the revenue potential based on economic fundamentals of countries and that based on what the l...

  16. On the Core of Routing Games with Revenues

    NARCIS (Netherlands)

    A. Estévez-Fernandéz (Arantza); P. Borm; M. Meertens; H. Reijnierse

    2006-01-01

    htmlabstract Traveling salesman problems with revenues form a generalization of traveling salesman problems. Here, next to travel costs an explicit revenue is generated by visiting a city. We analyze routing problems with revenues, where a predetermined route on all cities determines the tours

  17. On the core of routing games with revenues

    NARCIS (Netherlands)

    Estevez Fernandez, M.A.; Borm, P.; Meertens, M.; Reijnierse, H.

    2009-01-01

    Traveling salesman problems with revenues form a generalization of traveling salesman problems. Here, next to travel costs an explicit revenue is generated by visiting a city. We analyze routing problems with revenues, where a predetermined route on all cities determines the tours along subgroups.

  18. On the Core of Routing Games with Revenues

    NARCIS (Netherlands)

    Estevez Fernandez, M.A.; Borm, P.E.M.; Meertens, M.; Reijnierse, J.H.

    2006-01-01

    Traveling salesman problems with revenues form a generalization of traveling salesman problems.Here, next to travel costs an explicit revenue is generated by visiting a city.We analyze routing problems with revenues, where a predetermined route on all cities determines the tours along

  19. 39 CFR 3050.25 - Volume and revenue data.

    Science.gov (United States)

    2010-07-01

    ... 39 Postal Service 1 2010-07-01 2010-07-01 false Volume and revenue data. 3050.25 Section 3050.25 Postal Service POSTAL REGULATORY COMMISSION PERSONNEL PERIODIC REPORTING § 3050.25 Volume and revenue... billing determinants, broken out by quarter, within 90 days of the close of each fiscal year; (c) Revenue...

  20. Scientific management of Mediterranean coastal zone: a hybrid ocean forecasting system for oil spill and search and rescue operations.

    Science.gov (United States)

    Jordi, A; Ferrer, M I; Vizoso, G; Orfila, A; Basterretxea, G; Casas, B; Alvarez, A; Roig, D; Garau, B; Martínez, M; Fernández, V; Fornés, A; Ruiz, M; Fornós, J J; Balaguer, P; Duarte, C M; Rodríguez, I; Alvarez, E; Onken, R; Orfila, P; Tintoré, J

    2006-01-01

    The oil spill from Prestige tanker showed the importance of scientifically based protocols to minimize the impacts on the environment. In this work, we describe a new forecasting system to predict oil spill trajectories and their potential impacts on the coastal zone. The system is formed of three main interconnected modules that address different capabilities: (1) an operational circulation sub-system that includes nested models at different scales, data collection with near-real time assimilation, new tools for initialization or assimilation based on genetic algorithms and feature-oriented strategic sampling; (2) an oil spill coastal sub-system that allows simulation of the trajectories and fate of spilled oil together with evaluation of coastal zone vulnerability using environmental sensitivity indexes; (3) a risk management sub-system for decision support based on GIS technology. The system is applied to the Mediterranean Sea where surface currents are highly variable in space and time, and interactions between local, sub-basin and basin scale increase the non-linear interactions effects which need to be adequately resolved at each one of the intervening scales. Besides the Mediterranean Sea is a complex reduced scale ocean representing a real scientific and technological challenge for operational oceanography and particularly for oil spill response and search and rescue operations.

  1. Service Provider Revenue Dependence of Offered Number of Service Classes

    Directory of Open Access Journals (Sweden)

    V. S. Aćimović-Raspopović

    2011-06-01

    Full Text Available In this paper possible applications of responsive pricing scheme and Stackelberg game for pricing telecommunication services with service provider as a leader and users acting as followers are analyzed. We have classified users according to an elasticity criterion into inelastic, partially elastic and elastic users. Their preferences are modelled through utility functions, which describe users’ sensitivity to changes in the quality of service and price. In the proposed algorithm a bandwidth management server is responsible for performing automatic optimal bandwidth allocation to each user’s session while maximizing its expected utility and the overall service provider’s revenue. The pricing algorithm is used for congestion control and more efficient network capacity utilization. We have analyzed different scenarios of the proposed usage-based pricing algorithm. Particularly, the influence of the number of service classes on price setting in terms of service provider’s revenue and total users’ utility maximization are discussed. The model is verified through numerous simulations performed by software that we have developed for that purpose.

  2. Investment requirements in the oil industry of the independent oil exporting countries in the face of environmental challenges

    International Nuclear Information System (INIS)

    Rahmat, H.; Hamid, A.A.

    1992-01-01

    The oil industry has to operate under environmental constraints which involve commercial risks. Oil companies need to treat environmental management as an investment as well as an insurance problem, assessing risks and costs and deciding how to minimize them most cost effectively. Petroleum development in Malaysia is accelerating. In view of the high visibility of the industry and the wide publicity generated by a few incidents which have taken place outside Malaysia the national oil company, Petronas, is constantly vigilant in its efforts to preserve the environment. Oil producing countries like Malaysia will need to continue to set aside some of the revenue they obtain from the oil industry and use it for protecting the environment to ensure public acceptance and ultimately, orderly growth of their industry. Clearly they are less able to do so if their income is lessened through the interference with free trade among nations even if the purported reasons for the interference is the environment itself. Ultimately the environmental investment requirement in the oil industry of the independent and developing oil exporting countries is free trade without price distortions. The 1989 Langkawi Declaration on the Environment of the Commonwealth Heads of Government is appended to this article. (author)

  3. The management of acute risks. Oil spill contingency planning and response

    International Nuclear Information System (INIS)

    Monk, D.C.; Cormack, D.

    1992-01-01

    It is clear that the risks of environmental damage can be best minimized by preventing oil spills from occurring at all. Since absolute prevention is unrealistic, however, early detection is essential and aerial surveillance techniques are of great value in this connection. If spills do occur, proper contingency planning and clean-up techniques can minimize impacts, but will rarely avoid them completely if the spilled oil reaches the coastline. It is evident that a main priority should be to prevent spilled oil reaching the coastline. The way in which oil spill response strategy is implemented is discussed in detail. It is based on four key elements: the allocation of responsibilities; contingency planning; training and exercises; regular audit of plans and response mechanisms. A case study of the oil spill strategy employed at the Sullom Voe oil terminal in Shetland is used as an illustration. (UK)

  4. Holistic oil field value management: using system dynamics for 'intermediate level' and 'value-based' modelling in the oil industry

    International Nuclear Information System (INIS)

    Corben, D.; Stevenson, R.; Wolstenholme, E.F.

    1999-01-01

    System dynamics has been seen primarily as a strategic tool, most effectively used at the highest level of strategy to identify robust policy interventions under a wide range of scenarios. However, an alternative, complementary and powerful role is emerging. This is at an 'intermediate level' in organisations to coordinate and integrate policies across the value chain. It is at this level where business value, as defined by the discounted value of future free cash flow, is both created and destroyed. This paper introduces the need for 'intermediate-level' and 'value-based' modelling and emphasises the natural role of system dynamics in supporting a methodology to fulfil the need. It describes the development of an approach and its application in the oil industry to coordinate the response of people and tools within operational, financial and commercial functions across the value chain to address a variety of problems and issues. (author)

  5. A systematic assessment of quality assurance-based food safety management system of Chinese edible oil manufacturer in view of context characteristics

    NARCIS (Netherlands)

    Ren, Yingxue; He, Zhen; Luning, Pieternel A.

    2016-01-01

    This study uses a framework of a food safety management system-diagnostic instrument (FSMS-DI), for the assessment of the context of a Chinese edible oil manufacture through the view of a case study, and an evaluation of the performance of the FSMS of a Chinese edible oil company. The study

  6. Safety Management in an Oil Company through Failure Mode Effects and Critical Analysis

    Directory of Open Access Journals (Sweden)

    Benedictus Rahardjo

    2016-06-01

    Full Text Available This study attempts to apply Failure Mode Effects and Criticality Analysis (FMECA to improve the safety of a production system, specifically the production process of an oil company. Since food processing is a worldwide issue and self-management of a food company is more important than relying on government regulations, therefore this study focused on that matter. The initial step of this study is to identify and analyze the criticality of the potential failure modes of the production process. Furthermore, take corrective action to minimize the probability of repeating the same failure mode, followed by a re-analysis of its criticality. The results of corrective actions were compared with those before improvement conditions by testing the significance of the difference using two sample t-test. The final measured result is the Criticality Priority Number (CPN, which refers to the severity category of the failure mode and the probability of occurrence of the same failure mode. The recommended actions proposed by the FMECA significantly reduce the CPN compared with the value before improvement, with increases of 38.46% for the palm olein case study.

  7. Nonsurgical Clinical Management of Periapical Lesions Using Calcium Hydroxide-Iodoform-Silicon-Oil Paste

    Science.gov (United States)

    Al Khasawnah, Qusai; Hassan, Fathi; Malhan, Deeksha; Engelhardt, Markus; Daghma, Diaa Eldin S.; Obidat, Dima; Lips, Katrin S.; Heiss, Christian

    2018-01-01

    Background The study aim is to avoid tooth extraction by nonsurgical treatment of periapical lesion. It assesses healing progress in response to calcium hydroxide-iodoform-silicon oil paste (CHISP). Numeric Pain Rating Scale was used to validate the approach. Furthermore, CHISP was used to treat cystic lesions secondary to posttraumatic avulsion of permanent teeth. Materials and Methods Over 200 patients with radicular cysts were treated with CHISP through the root canal. Radiographs were used to verify lesion size and position, ensure correct delivery to the site, and monitor the progress of bone healing in the lesion area. Ten males and 10 females were randomly selected for statistical assessment. Results No severe pain, complications, or failure in cyst healing was reported. Complete healing was achieved in an average of 75 days. Furthermore, healing of radicular cyst secondary to posttraumatic tooth avulsion was successful. Conclusion CHISP indicated an antiseptic effect, which enhanced and shortened healing time of periapical lesions. The less invasive procedure avoids tooth extraction and reduces bone resorption. Cyst management with CHISP can remedy failed root canal treatments. The results show a bone regenerative capacity of CHISP suggested in first rapid phase and a second slow phase. PMID:29619378

  8. Nonsurgical Clinical Management of Periapical Lesions Using Calcium Hydroxide-Iodoform-Silicon-Oil Paste

    Directory of Open Access Journals (Sweden)

    Qusai Al Khasawnah

    2018-01-01

    Full Text Available Background. The study aim is to avoid tooth extraction by nonsurgical treatment of periapical lesion. It assesses healing progress in response to calcium hydroxide-iodoform-silicon oil paste (CHISP. Numeric Pain Rating Scale was used to validate the approach. Furthermore, CHISP was used to treat cystic lesions secondary to posttraumatic avulsion of permanent teeth. Materials and Methods. Over 200 patients with radicular cysts were treated with CHISP through the root canal. Radiographs were used to verify lesion size and position, ensure correct delivery to the site, and monitor the progress of bone healing in the lesion area. Ten males and 10 females were randomly selected for statistical assessment. Results. No severe pain, complications, or failure in cyst healing was reported. Complete healing was achieved in an average of 75 days. Furthermore, healing of radicular cyst secondary to posttraumatic tooth avulsion was successful. Conclusion. CHISP indicated an antiseptic effect, which enhanced and shortened healing time of periapical lesions. The less invasive procedure avoids tooth extraction and reduces bone resorption. Cyst management with CHISP can remedy failed root canal treatments. The results show a bone regenerative capacity of CHISP suggested in first rapid phase and a second slow phase.

  9. Poverty and Share Revenue in the Cameroon Cocoa Zone

    Directory of Open Access Journals (Sweden)

    Folefack, DP.

    2010-01-01

    Full Text Available This study evaluates the revenue level and unequal poverty revenue in the Cameroonian cocoa zone. The results show a great variability on the revenues generating activities to producers of cocoa in Cameroon. These activities generate an average revenue of 1 215 622 FCFA per year, with an annual average revenue of 145 933 FCFA per person. We realize through the indice of Gini 0.61 that the concentration of these revenues is most strong in Cameroon and the poverty rate is still affecting 69% of the population. We observe as well that the average revenue of 228 263 FCFA per year and per person for the producers of South West. They are thus the richest, inspite of the high degree of concentration. In the Centre, the population have a high average annual revenue of 87 257 FCFA per person and the concentration seems to be in a lower degree. Finally, in the South we find the poorest with a revenue of 53 504 FCFA per year and per person and the concentration is more important. An analysis based on unequal indicators shows in general that the revenue per person is relatively low and the degree of concentration of revenue is stronger in the Cameroonian cocoa zone.

  10. The Hobbs Oil and Water Experimental Facility of the Waste-Management Education and Research Consortium

    International Nuclear Information System (INIS)

    Martin, F.D.; Bretz, R.E.; Bowman, R.S.; Kieft, T.L.; Cadena, F.

    1992-01-01

    The Hobbs Oil and Water Experimental (HOWE) Facility came on-line as a research component of the Waste-Management Education and Research Consortium (WERC) when funding for the Consortium became official in late February 1990. As a support facility for WERC, which was established to expand the ability of this nation to manage hazardous, radioactive, and solid wastes through a multidisciplinary approach, HOWE can tap into the expertise that resides at three major New Mexico universities, on Native American community college, and two national laboratories. The intention of the HOWE is to provide education, as well as research and development programs, that reflect concerns of the petroleum industry in the United States. Personnel work to solve environmental problems and assess the impact to the industry of regulatory actions pertaining to those problems. Leadership for the program is provided from the New Mexico Institute of Mining and Technology at Socorro, NM, by Technical Leaders F.D. Martin, Director of the Petroleum Recovery Research Center, and Dr. R.E. Bretz of the petroleum engineering faculty. The HOWE site is administered by Mike DeMarco, Director of the Petroleum Technology Program at the New Mexico Junior College in Hobbs, NM. Currently, the HOWE laboratory is being provided with state-of-the-art equipment to support research projects or field demonstration activities. Programs include research pertaining to groundwater pollution transport processes, slurry-phase bioremediation of oilfield production pit sludges, and treatment of produced brines or contaminated waters. This paper introduces the HOWE and discusses the research programs relevant to the petroleum industry that are presently underway or planned. Future collaborative efforts with industry that are presently underway or planned. Future collaborative efforts with industry groups are being encouraged

  11. Decomposing the promotional revenue bump for loyalty program members versus nonmembers

    NARCIS (Netherlands)

    van Heerde, H.J.; Bijmolt, T.H.A.

    Loyalty programs lead to a natural split of a firm's customer base into members and nonmembers. To manage both groups effectively, it is essential to know how marketing activities, such as promotions, affect both groups' contributions to revenues. The authors model each group's contribution as the

  12. A new revenue sharing mechanism for coordinating multi-echelon supply chains

    NARCIS (Netherlands)

    Rhee, van der B.; Venugopal, V.; Veen, van der J.A.A.; Nalla, V.R.

    2009-01-01

    One of the key issues in Supply Chain Management is to prevent sub-optimization caused by the distribution of decision power over the various entities. Over the last decade, various contract mechanisms such as Revenue Sharing (RS) have been used to overcome such difficulties. Typically, a contract

  13. Failure Mode and Effect Analysis in Increasing the Revenue of Emergency Department

    Directory of Open Access Journals (Sweden)

    Farhad Rahmati

    2015-02-01

    Full Text Available Introduction: Successful performance of emergency department(ED is one of the important indications of increasing the satisfaction among referees. The insurance of such successful performance is fiscal discipline and avoiding from non-beneficial activities in this department. Therefore, the increasing revenue of emergency department is one of the interested goals of hospital management system. According to above-mentioned, the researchers assessed problems lead to loss the revenue of ED and eliminate them by using failure mode and effects analysis (FMEA.Methods: This was the prospective cohort study performed during 18 months, set in 6 phases. In the first phase, the failures were determined and some solutions suggested to eliminate them. During 2-5 phases, based on the prioritizing the problems, solutions were performed. In the sixth phase, final assessment of the study was done. Finally, the feedback of system’s revenue was evaluated and data analyzed using repeated measure ANOVA.Results: Lack of recording the consuming instrument and attribution of separate codes for emergency services of hospitalized patients were the most important failures that lead to decrease the revenue of ED. Such elimination caused to 75.9% increase in revenue within a month (df = 1.6; F = 84.0; p<0.0001.  Totally, 18 months following the eliminating of failures caused to 328.2% increase in the revenue of ED (df = 15.9; F = 215; p<0.0001.Conclusion: The findings of the present study shows that failure mode and effect analysis, can be used as a safe and effected method to reduce the expenses of ED and increase its revenue.

  14. At a crossroads : achieving a win-win from oil and gas developments in the Northwest Territories

    International Nuclear Information System (INIS)

    Taylor, A.; Grant, J.; Holroyd, P.; Kennedy, M.; Mackenzie, K.

    2010-01-01

    The Canadian government must decide how to manage the development of oil and gas resources in the Northwest Territories (NT). This paper outlined a scenario that will allow oil and gas companies to earn fair returns on their investments while providing maximum benefits for resource owners. Canada's federal government will need to review and reform royalty rates as well as the bidding process for awarding oil and gas leases. The NT government must allow obtain revenues for oil and gas resource owners in the territory. A portion of the revenues must be invested in long-term funds to be shared with future generations in order to mitigate the impact of resource development and provide a store of wealth while also diversifying and strengthening the local economy. A review of the territory's resource royalty and taxation system is needed before the Mackenzie gas project takes place. An outline of the territory's resource revenue collection process was provided, as well as a set of revised tax and royalty options. 5 tabs., 5 figs.

  15. Tourism revenue as a conservation tool for threatened birds in protected areas.

    Science.gov (United States)

    Steven, Rochelle; Castley, J Guy; Buckley, Ralf

    2013-01-01

    Many bird populations worldwide are at risk of extinction, and rely heavily on protected area networks for their continued conservation. Tourism to these areas contributes to conservation by generating revenue for management. Here we quantify the contribution of tourism revenue for bird species in the IUCN Red List, using a simple accounting method. Relevant data are available for 90 (16%) of the 562 critically endangered and endangered species. Contributions of tourism to bird conservation are highest, 10-64%, in South America, Africa, and their neighbouring islands. Critically endangered bird species rely on tourism more heavily than endangered species (pmanagement budgets by promoting birdwatching tourism specifically.

  16. Managing Exposure to Benzene and Total Petroleum Hydrocarbons at Two Oil Refineries 1977-2014.

    Science.gov (United States)

    Tuomi, Tapani; Veijalainen, Henna; Santonen, Tiina

    2018-01-24

    Air concentrations of and inhalation exposure to total petroleum hydrocarbons (TPH) and benzene was monitored separately at two oil refineries from 1977 to 2014. Prevention policies and control measures that may explain changes were surveyed. The aim was to evaluate how the application of of Occupational Health and Safety Assessment Series OHSAS 18001.04 principles as well as Environmental protection Agency EPA and European Oil Company Organisation for Environment, Health and Safety CONCAWE practices have influenced air concentrations. Benzene air concentrations declined in 11 of 17 units, six of which were associated with declining exposures. Benzene air concentrations declined across all units on average by 46%. This amounts to an average yearly decline of 1.7%. TPH air concentrations declined in 10 of 17 units, seven of which were associated with declining exposures. The average decline in TPH air concentrations was 49%, corresponding to 1.3% per year. As a result, average working day exposure in 10 of 17 units have declined significantly and today, benzene and TPH exposure in most units are well below 10% of the current Occupational Exposure Limit (OEL 8h :s). A decline in air concentrations have coincided with consistent implementation of control measures. Such measures include on-line monitoring of leaks; benzene recovery; floating container roofs; improved valves and seals; hermetic pumps; recovery of loading gases and instalment of torches in terminals; cutback in coke combustion; a new production line spanning directly from the dock to aromatics production; and recovery of loading gases in the doc. Other tools in exposure management include personal leak monitors, on-line measurements, monitoring campaigns, risk assessment, and availability and user training of protective equipment. However, improvements are still needed. Hydrocarbon or benzene air concentrations have not declined in 8 of 17 units, in some of which concentrations exceed 10% of the relevant

  17. Managing Exposure to Benzene and Total Petroleum Hydrocarbons at Two Oil Refineries 1977–2014

    Science.gov (United States)

    Tuomi, Tapani; Veijalainen, Henna; Santonen, Tiina

    2018-01-01

    Air concentrations of and inhalation exposure to total petroleum hydrocarbons (TPH) and benzene was monitored separately at two oil refineries from 1977 to 2014. Prevention policies and control measures that may explain changes were surveyed. The aim was to evaluate how the application of of Occupational Health and Safety Assessment Series OHSAS 18001.04 principles as well as Environmental protection Agency EPA and European Oil Company Organisation for Environment, Health and Safety CONCAWE practices have influenced air concentrations. Benzene air concentrations declined in 11 of 17 units, six of which were associated with declining exposures. Benzene air concentrations declined across all units on average by 46%. This amounts to an average yearly decline of 1.7%. TPH air concentrations declined in 10 of 17 units, seven of which were associated with declining exposures. The average decline in TPH air concentrations was 49%, corresponding to 1.3% per year. As a result, average working day exposure in 10 of 17 units have declined significantly and today, benzene and TPH exposure in most units are well below 10% of the current Occupational Exposure Limit (OEL8h:s). A decline in air concentrations have coincided with consistent implementation of control measures. Such measures include on-line monitoring of leaks; benzene recovery; floating container roofs; improved valves and seals; hermetic pumps; recovery of loading gases and instalment of torches in terminals; cutback in coke combustion; a new production line spanning directly from the dock to aromatics production; and recovery of loading gases in the doc. Other tools in exposure management include personal leak monitors, on-line measurements, monitoring campaigns, risk assessment, and availability and user training of protective equipment. However, improvements are still needed. Hydrocarbon or benzene air concentrations have not declined in 8 of 17 units, in some of which concentrations exceed 10% of the relevant

  18. Inadequate Revenue Threatens Afghanistan’s Stability

    Directory of Open Access Journals (Sweden)

    Steve Sternlieb

    2014-04-01

    Full Text Available If Afghanistan is to maintain some semblance of stability in 2014 and beyond it must prepare for a substantial donor funding reduction and seek to grow its domestic revenue. Funding for the Afghan government’s operating expenses as well as further development projects is heavily dependent on donor support. Unfortunately for Afghanistan, its fiscal position is eroding as domestic revenues decline, expenses rise, and donor aid falls. Security gains as well as public services and economic development are at risk due to this mismatch. Afghanistan’s challenge in the coming years will be how to deal with this mismatch without fueling instability. It cannot simply assume that donor funding will continue to cover its funding gap. This paper assesses Afghanistan’s deteriorating fiscal situation and concludes with some observations on what the Afghan government and the donor community must do, preferably in concert, to address it. It assumes that Afghanistan and the United States will ultimately sign a bilateral security agreement allowing a continued coalition military presence, without which the country’s fiscal situation could rapidly deteriorate.

  19. Oil patch pariah

    International Nuclear Information System (INIS)

    Nikiforuk, A.

    1999-01-01

    Problems that can arise when Western oil companies invest in developing countries suffering under political instability are described using Calgary-based Talisman Energy Inc.'s recent experiences in the Sudan as example. In 1998 Talisman acquired a 25 per cent interest in an oil project by cash-poor Arakis Energy Corporation, thus acquiring a foothold in the Middle East , and more importantly, access to one of the world's largest oil reserves at a bargain-basement price. A UN report accusing the Sudanese government of gross human rights violations , the chagrin expressed by the US Secretary of State that a Canadian company would do business with a country that the US officially regards as 'a state sponsor of terrorism', a warning by the Canadian Minister of Foreign Affairs of economic sanctions unless Talisman demonstrates active promotion of human rights in the Sudan, led the Ontario Teachers Federation to threaten to withdraw its $ 184-million stake in Talisman if reports of human rights abuses in the country can be corroborated. A fact finding mission has been dispatched by the Minister of Foreign Affairs to establish by next month who is killing whom in the Sudan and whether oil revenue from Talisman is being used to fund a campaign of terror and killing that have claimed the lives of some two million Sudanese citizens in the past 16 years. As a result of the turmoil caused by these actions Talisman lost nearly $ 700 million in value in the last week of October, and several institutional investors are actively considering selling their shares in Talisman. The company has hired a top public relations firm to defend itself against the 'coordinated attack' by human rights groups, Sudanese refugees, and Christian fundamentalists whose aim is said to be to shut down oil production in the Sudan. Talisman management is confident that given the company's reputation and its large asset base, it can weather the storm that its Sudanese assets have generated, however

  20. HOW TO MANAGE SUSTAINABLE DEVELOPMENT IN OIL INDUSTRY: THE CASE OF OMV PETROM

    Directory of Open Access Journals (Sweden)

    CATALIN POPESCU

    2017-12-01

    Full Text Available As exploration and exploitation of oil and gas deposits continue to be among the most polluting industrial activities, this paper deals with revealing the way OMV Petrom, a major oil company from Romania, cope with these issues aiming at protecting the environment and ensuring safe and efficient operations in order to achieve sustainable development and constant growth.

  1. Determining Optimal Crude Oil Price Benchmark in Nigeria: An Empirical Approach

    Directory of Open Access Journals (Sweden)

    Saibu Olufemi Muibi

    2015-12-01

    Full Text Available This paper contributes to on-going empirical search for an appropriate crude oil price benchmark that ensures greater financial stability and efficient fiscal management in Nigeria. It adopted the seasonally adjusted ARIMA forecasting models using monthly data series from 2000m01 to 2012m12 to predict future movement in Nigeria crude oil prices. The paper derived a more robust and dynamic framework that accommodates fluctuation in crude oil price and also in government spending. The result shows that if the incessant withdrawal from the ECA fund and the increasing debt profile of government in recent times are factored into the benchmark, the real crude oil numerical fiscal rule is (US$82.3 for 2013 which is higher than the official benchmark of $75 used for 2013 and 2014 budget proposal. The paper argues that the current long run price rule based on 5-10 year moving average approach adopted by government is rigid and inflexible as a rule for managing Nigerian oil funds. The unrealistic assumption of the extant benchmark accounted for excessive depletion and lack of accountability of the excess crude oil account. The paper concludes that except the federal government can curtail its spending profligacy and adopts a more stringent fiscal discipline rules, the current benchmark is unrealistic and unsuitable for fiscal management of oil revenue in the context of Nigerian economic spending profile.

  2. A method for reducing environmental pollution by using essential oils in rodent pest management program.

    Science.gov (United States)

    Jokić, Goran; Blažić, Tanja; Đurović-Pejčev, Rada; Đorđević, Tijana; Đedović, Suzana; Vukša, Marina

    2017-08-01

    Strong-smelling plant extracts, such as essential oils, have a variety of feeding effects on mammals. Considering current concerns over long-term health issues and environmental effects of chemicals, plant-based products with repellent or antifungal activities may represent good solutions for improvement of rodent pest control programs. The present study was therefore focused on examining the effects of bergamot, lavender, and thyme essential oils as additional bait components on daily intakes of cereal-based baits by wild house mice. Lavender essential oil, containing linalool and linalyl acetate as main components, and thyme essential oil with a prevailing thymol component had no effects on house mice diet. Bergamot essential oil, whose main components were linalool, limonene, and linalyl acetate, showed a repellent effect on house mouse diet.

  3. Prompt payment depends on revenue-cycle diligence.

    Science.gov (United States)

    Barber, Robert L

    2002-12-01

    How effectively you manage the revenue cycle is reflected in the cycle's outcome-whether you receive full and timely payment for all services billed to payers. To ensure prompt and full payment, you should: Educate your patient financial services (PFS) staff on all relevant laws and regulations regarding payment for healthcare services. Make sure your staff is well versed in all of the provisions of your payer contracts. Implement a state-of-the-art patient accounting system that is capable of producing drill-down reports of all aspects of contract performance by payer. Enforce payer compliance by maintaining complete records of dates of service, final billing dates, dates claims were mailed or electronically submitted to the payer, all actions performed by your staff regarding claims, and all communications with the payer.

  4. The Analytical Instrumentarium for Predictive Analysis of Revenue from the Sale of Goods

    Directory of Open Access Journals (Sweden)

    Nosach Nataliia M.

    2017-12-01

    Full Text Available The article is aimed at elaborating recommendations on the selection of analytical instrumentarium for predictive analysis of revenue from the sale of goods, according to the nature of its seasonal changes. The necessity of carrying out predictive analysis of revenue from the sale of goods as an important component of its management is substantiated. The attention is focused on the necessity to use for predictive analysis of revenue from the sale of goods the trend-seasonal models which take into consideration both regularity and randomness of formation of values of levels of the series. A structural-logical model of technology of predictive analysis of revenue from the sale of goods has been proposed according to the nature of its seasonal changes. A number of criteria has been defined, which allow to reveal in a series of dynamics the presence of anomalous data, trend, and seasonal fluctuations. The iterative method of distribution of series of dynamics of revenue from the sale of goods by components has been tested. The recommendations on the choice of the trend model, which can be used to construct both point and interval predictions of the volume of proceeds from sale of goods, are provided.

  5. Revenue in reverse? An examination of reverse supply chain enabled revenue streams

    DEFF Research Database (Denmark)

    Larsen, Samuel; Jacobsen, Peter

    2016-01-01

    When original equipment manufacturers (OEMs) examine whether to implement a reverse supply chain (RSC) for their products, oftentimes the motive is cost savings or regulatory compliance. However, a frequently overlooked but equally important benefit is the possibility for creating new revenue...

  6. Naval Petroleum and Oil Shale Reserves Combined Financial Statements September 30, 1994 and 1993 and Management Overview and Supplemental Financial and Management Information

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1994-12-31

    This report presents the results of the independent certified public accountant`s audit of the Department of Energy`s (Department) Naval Petroleum and Oil Shale Reserves (NPOSR) financial statements as of September 30, 1994. The auditors have expressed an unqualified opinion on the 1994 statements. Their reports on the NPOSR internal control structure and on compliance with laws and regulations, and management letter on addressing needed improvements are also provided. NPOSR consists of petroleum reserves in California and Wyoming, and oil shale reserves in Colorado and Utah. The Government`s interests in NPOSR are managed by the Department through its headquarters office in Washington, D.C. In addition, the Department has site offices in both California and Wyoming that are responsible for contractor oversight functions. Daily operations are conducted under contract by two management and operating contractors. By law, NPOSR was authorized to produce crude oil at the maximum efficient rate for six years. The law allowed production to be extended for three year periods, provided that the President of the United States certified that continued maximum production was in the best interest of the nation. The current three year period ends on April 5, 1997. Additional information about NPOSR is provided in the overview and notes to the financial statements.

  7. Prospective developments, production and revenues from the UKCS 1995-2000: a financial and regional simulation

    International Nuclear Information System (INIS)

    Kemp, A.G.; Stephen, L.

    1996-01-01

    This paper examines the development and production prospects for oil and gas from the UKCS in the period 1995-2000 using a financial simulation model applied to a large database. Emphasis is given to the prospects in the different regions of the UKCs. Oil production is likely to peak in the period and decline slowly thereafter. Gas production will increase substantially throughout the period to 2000. The relative importance of the central North Sea as a producing region will increase substantially in the period, while the northern North Sea will show a decrease. Investment patterns will reflect these trends. Revenues from the UKCS will continue to make a substantial contribution to the economy. The UK should be more than self sufficient in oil and to beyond 2000. Potential gas production should also exceed UK gas demand well beyond 2000. (author)

  8. Cattle and the oil and gas industry in Alberta: A literature review with recommendations for environmental management

    International Nuclear Information System (INIS)

    1996-01-01

    The purpose of this report is to bring together a review of published information on the potential effects of upstream oil and gas industry operations on the cattle industry in Alberta, some indication of the probability of occurrence of these effects, and recommendations on how they might be avoided or mitigated. Based on reviews of scientific papers and industry good-practice manuals, the report describes: The sources and quantities of environmental contaminants generated by Alberta's oil and gas industry, including normal operations, accidental releases, and the effects of aging infrastructure; the chemical composition of the products, materials, and wastes associated with the industry; the fate and transport of the contaminants through air, water, and soil; cattle operations in Alberta; the toxicology of oil and gas industry contaminants in cattle; and selected Alberta case studies of accidental releases and planned experiments. Conclusions and recommendations deal with critical information gaps and strategies for the sustainable management of cattle and oil/gas operations in the province

  9. Sustainable management in crop monocultures: the impact of retaining forest on oil palm yield.

    Science.gov (United States)

    Edwards, Felicity A; Edwards, David P; Sloan, Sean; Hamer, Keith C

    2014-01-01

    Tropical agriculture is expanding rapidly at the expense of forest, driving a global extinction crisis. How to create agricultural landscapes that minimise the clearance of forest and maximise sustainability is thus a key issue. One possibility is protecting natural forest within or adjacent to crop monocultures to harness important ecosystem services provided by biodiversity spill-over that may facilitate production. Yet this contrasts with the conflicting potential that the retention of forest exports dis-services, such as agricultural pests. We focus on oil palm and obtained yields from 499 plantation parcels spanning a total of ≈23,000 ha of oil palm plantation in Sabah, Malaysian Borneo. We investigate the relationship between the extent and proximity of both contiguous and fragmented dipterocarp forest cover and oil palm yield, controlling for variation in oil palm age and for environmental heterogeneity by incorporating proximity to non-native forestry plantations, other oil palm plantations, and large rivers, elevation and soil type in our models. The extent of forest cover and proximity to dipterocarp forest were not significant predictors of oil palm yield. Similarly, proximity to large rivers and other oil palm plantations, as well as soil type had no significant effect. Instead, lower elevation and closer proximity to forestry plantations had significant positive impacts on oil palm yield. These findings suggest that if dipterocarp forests are exporting ecosystem service benefits or ecosystem dis-services, that the net effect on yield is neutral. There is thus no evidence to support arguments that forest should be retained within or adjacent to oil palm monocultures for the provision of ecosystem services that benefit yield. We urge for more nuanced assessments of the impacts of forest and biodiversity on yields in crop monocultures to better understand their role in sustainable agriculture.

  10. Need For Coastal Water Management Tool For Oil Spill Simulation In Ghana

    Directory of Open Access Journals (Sweden)

    Uba

    2017-09-01

    Full Text Available Ghanaian water bodies have been under threats recently ranging from illegal mining sand winning reclamation of water bodies for the purposes of human settlement pollution etc. Civil and mechanical installations on the coastal waters have increase due to the discovery of oil recently and such situations are not spared by oil spills. Oil spills are an inevitable consequence of the need to produce store and transport oil. The commercialization of oil production has placed Ghana among High-Risk Zones which are characterised by high traffic density and the presence of navigational hazards. Despite Ghanas awareness about oil spill accidents in both preparedness and response it is likely it will be compromised when any accident occurs as it has more pressing demands on finite funds and resources. This situation might place Ghana among ill-prepared countries against oil spill combat. An important part of contingency plan is the prediction of locations that are susceptible to oil after spillage. This can be done by the use of satellite information reviewing and comparing previous incidents laboratory work or by fine tuning models which as of now the country is not having despite all the precautions to prevent oil spills. When spill models are used properly they provide ecological economic and social benefits. Hence the need for such decision-making tool for Ghana to create an environment for the contingency plans to be tested validated and upgraded. Such exercises not only maintain and increase the skills of the response personnel but also lead to improvements and fine tuning of the plan as weaknesses and gaps are identified.

  11. Turning wood residues into wood revenues

    International Nuclear Information System (INIS)

    Graham, R.G.; Kravetz, Don

    1996-01-01

    Ensyn is a profitable commercial company which derives its revenues from the conversion of wood residues into liquid biofuel and chemicals. The technology, Rapid Thermal Processing (RTP (TM) )is based on extremely fast ''cracking'' of biomass which results in light liquid yields exceeding 70% by weight, from wood. Whether producing chemicals or liquid biofuel, the RTP plant is configured identically and operated essentially in the same mode. Chemicals production simply allows economical production to occur at a lower plant capacity, as low as 2 tonnes/day, than is feasible for a dedicated fuel plant (typically greater than 100 tonnes/day). Ensyn has developed the commercialisation of RTP TM from bench to industrial scale in 10 years. A variety of crative funding initiatives in the early years allowed for capital to be raised for R and D without the loss of intellectual property (IP). The transition years of technology demonstration, prior to full commercialisation, were funded by a blend of revenues from venture capital and public sources, and by quickly tapping into a niche market for RTP TM . The utilisation of the technology at the niche market scale opened the doors to the larger fuel and commodity markets. Once, again, both IP and control of the company were maintained during these years. Flexibility, creativity and expertise are necessary to understand the significance of various financing options (private investments, commercial banking and bond issues) and to integrate these options with various renewable energy, recycling and tax incentives. Understanding these options with various renewable energy, recycling and tax incentives is necessary. Understanding both the core and peripheral needs of the customer are essential in successfully advancing a commercial wood energy venture. Ensyn's experience in these areas is the focus of the paper. (Author)

  12. 76 FR 31013 - Proposed Collection; Comment Request for Revenue Procedure 99-17

    Science.gov (United States)

    2011-05-27

    ... Revenue Procedure 99-17 AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for... information collection requirements related to Revenue Procedure 99-17, Mark to Market Election for.... OMB Number: 1545-1641. Revenue Procedure Number: Revenue Procedure 99-17. Abstract: This revenue...

  13. STUDY CONCERNING THE EXECUTION OF LOCAL BUDGETS REVENUES

    Directory of Open Access Journals (Sweden)

    Cristinel ICHIM

    2013-12-01

    Full Text Available Implementation of local budget revenues is a very important sub-phase of the local budgetary process its correct accomplishment ensures regularity and efficiency in revenue collection, which will cover the local budget expenditures. Through this scientific approach we intended to achieve an analysis of the implementation of revenues mobilized to the local budgets in Romania. The study started with fixing the concept of execution of budget revenues and defining its phases, and followed with the analysis of the implementation of local budget revenues in three levels, namely: the overall local budgets in Romania, at the city level and at the community level. We have to mention that the analysis of the execution of local budgets was done in 2011, based on existing data in the last occurrence of the Romanian Statistical Yearbook for 2012. The paper concluded with some considerations regarding the execution of local budgets revenues and some proposals for improving the collection of local income.

  14. Managing Injected Water Composition To Improve Oil Recovery: A Case Study of North Sea Chalk Reservoirs

    DEFF Research Database (Denmark)

    Zahid, Adeel; Shapiro, Alexander; Stenby, Erling Halfdan

    2012-01-01

    of the temperature dependence of the oil recovery indicated that the interaction of the ions contained in brine with the rock cannot be the only determining mechanism of enhanced recovery. We observed no substitution of Ca2+ ions with Mg2+ ions at high temperatures for both rocks. Not only the injection brine......In recent years, many core displacement experiments of oil by seawater performed on chalk rock samples have reported SO42–, Ca2+, and Mg2+ as potential determining ions for improving oil recovery. Most of these studies were carried out with outcrop chalk core plugs. The objective of this study...... is to investigate the potential of the advanced waterflooding process by carrying out experiments with reservoir chalk samples. The study results in a better understanding of the mechanisms involved in increasing the oil recovery with potential determining ions. We carried out waterflooding instead of spontaneous...

  15. London-type congestion tax with revenue-recycling

    OpenAIRE

    Yukihiro Kidokoro

    2005-01-01

    Road pricing in London attracts a great deal of interest. A challenging aspect of the London scheme is that congestion tax revenue is used to upgrade public transit networks. Although Parry and Bento (2001) show that the total social surplus would increase if congestion tax revenues are used to cut labor taxes, political difficulties exist in implementing revenue-recycling between congestion taxes and labor taxes. Given such political difficulties, the London scheme seems to be very attractiv...

  16. The Connection Between House Price Appreciation and Property Tax Revenues*

    OpenAIRE

    Lutz, Byron F.

    2008-01-01

    This paper explores two aspects of the connection between property tax revenues and house prices. First, I estimate the elasticity of property tax revenues with respect to house prices. This elasticity does not necessarily equal one as governments may adjust effective tax rates to offset changes in property values. Second, I examine the timing of the relationship. Institutional features of the property tax make it unlikely that changes in house prices will immediately influence tax revenues. ...

  17. Bridging the gap between financial reporting and the revenue cycle.

    Science.gov (United States)

    Clark, Kari; Bang, Derek A

    2012-09-01

    Implementing a standardized financial reporting and revenue cycle monitoring platform can help healthcare organizations improve their net revenue reporting and budgeting processes. Consistent, standardized data help the finance office estimate accounts receivable reserves more accurately, streamline the month-end closing process, and strengthen internal controls. The benefits of standardizing the finance and revenue cycle functions are particularly significant in large organizations with multiple facilities, but even single-facility providers can benefit from improved communication between the business office and finance.

  18. Revisiting the P-36 oil rig accident 15 years later: from management of incidental and accidental situations to organizational factors.

    Science.gov (United States)

    Figueiredo, Marcelo Gonçalves; Alvarez, Denise; Adams, Ricardo Nunes

    2018-03-29

    The accident with the P-36 oil rig in the Campos Basin in Rio de Janeiro State, Brazil, was one of the petroleum industry's worst international disasters. Based on this specific case, the article aims to (a) verify the role of the human dimension in the reliability of highly complex systems, with a focus on the management of incidental and accidental situations with the potential to lead to large-scale accidents. The analysis should help (b) shed light on some of the organizational factors that can increase the risk level in offshore activities, beyond the so-called immediate causes. The methodology involves mainly document research (especially the reports produced by Petrobras, ANP/DPC, and CREA-RJ) and interviews with three professionals that worked on the P-36 rig. The results indicate that the management of incidental and accidental situations in which emergency decisions are made should take advantage of contribution by the workforce, who can identify gaps in the process and discuss them with managers. This involves shared and more flexible decisions and collective analysis of risk situations. The findings also suggest that certain organizational factors contributed to the accident, corroborating domestic and international studies of major accidents and pointing to the need for a shift in the focus adopted by oil companies' management.

  19. ADAPTIVE MANAGEMENT AND PLANNING MODELS FOR CULTURAL RESOURCES IN OIL & GAS FIELDS IN NEW MEXICO AND WYOMING

    Energy Technology Data Exchange (ETDEWEB)

    Peggy Robinson

    2005-01-01

    This report summarizes activities that have taken place in the last 6 months (July 2004-December 2004) under the DOE-NETL cooperative agreement ''Adaptive Management and Planning Models for Cultural Resources in Oil and Gas Fields, New Mexico and Wyoming'' DE-FC26-02NT15445. This project examines the practices and results of cultural resource investigation and management in two different oil and gas producing areas of the US: southeastern New Mexico and the Powder River Basin of Wyoming. The project evaluates how cultural resource investigations have been conducted in the past and considers how investigation and management could be pursued differently in the future. The study relies upon full database population for cultural resource inventories and resources and geomorphological studies. These are the basis for analysis of cultural resource occurrence, strategies for finding and evaluating cultural resources, and recommendations for future management practices. Activities can be summarized as occurring in either Wyoming or New Mexico.

  20. ADAPTIVE MANAGEMENT AND PLANNING MODELS FOR CULTURAL RESOURCES IN OIL & GAS FIELDS IN NEW MEXICO AND WYOMING

    Energy Technology Data Exchange (ETDEWEB)

    Peggy Robinson

    2005-07-01

    This report summarizes activities that have taken place in the last six (6) months (January 2005-June 2005) under the DOE-NETL cooperative agreement ''Adaptive Management and Planning Models for Cultural Resources in Oil and Gas Fields, New Mexico and Wyoming'' DE-FC26-02NT15445. This project examines the practices and results of cultural resource investigation and management in two different oil and gas producing areas of the United States: southeastern New Mexico and the Powder River Basin of Wyoming. The project evaluates how cultural resource investigations have been conducted in the past and considers how investigation and management could be pursued differently in the future. The study relies upon full database population for cultural resource inventories and resources and geomorphological studies. These are the basis for analysis of cultural resource occurrence, strategies for finding and evaluating cultural resources, and recommendations for future management practices. Activities can be summarized as occurring in either Wyoming or New Mexico. Gnomon as project lead, worked in both areas.

  1. Increasing revenues for protected areas. A wealth of financing options

    International Nuclear Information System (INIS)

    Verweij, P.

    2004-12-01

    This paper aims at giving an overview of traditional and new financing mechanisms in support of protected areas. The web of life is breaking down: our world is facing biodiversity loss at unprecedented rates. Human impacts are causing the acceleration of species loss, at rates of several hundreds up to 1000 times the natural rate of species extinction, depending on the type of organisms. Habitat degradation and loss, introduction of invasive species, pollution, and overexploitation of resources are factors that determine the process of mass extinction. Protected areas obviously play a critical role in biodiversity conservation. Article 8 of the Convention on Biological Diversity (CBD) obliges Parties to establish a system of protected areas to-conserve biodiversity, to develop guidelines for protected areas management and to promote appropriate development adjacent to protected areas. Besides agreeing on this global mandate for protected areas, through Article 8m of the CBD Parties committed themselves to cooperate in providing financial support for protected area systems: 'Each contracting party (...) shall cooperate in providing financial and other support for in-situ conservation (...) particularly to developing countries'. Current revenues for maintaining existing protected areas and the creation of new ones are insufficient. Annually, approximately USD 7 billion is spent on the creation and maintenance of protected areas around the world (Balmford, 2003). The amount required to adequately protect biodiversity is estimated to be about five times higher. The flow of revenues from traditional and new financing mechanisms should clearly be increased to mitigate the financing deficit for protected areas. As part of the solution, innovative financing mechanisms are being developed aimed at increasing the global revenues for protected areas, thus capturing the multiple values of ecosystem goods and services provided by protected areas to mankind. This scoping paper

  2. Oil for development 2009

    Energy Technology Data Exchange (ETDEWEB)

    2010-09-15

    In this report present key achievements for each of the various cooperation countries. Oil for Development (OfD) assistance has been important for the ability of a country like Ghana to improve petroleum resource management on its most important oil and gas field, and to better safeguard that the petroleum activities are conducted in an environmentally sustainable way. Competence building on Increased Oil Recovery (IOR), and negotiation training have helped to increase both the resource extraction potential and the revenue generation potential of a more mature oil producing country like Iraq. Furthermore, OfD has contributed to improving the legislative frameworks in several of our cooperating countries, including Afghanistan, Cambodia and Madagascar, although it will take time before we can assess to what extent the laws have been implemented. OfD's strong focus on providing legal assistance reflects our belief that clear divisions of roles and firm legal mandates are prerequisites for good governance of the petroleum sector and for attracting serious investors. A lot of our capacity building took place through seminars and more tailored workshops with a national or regional scope. We believe that some of these events have significantly increased awareness as well as the level of debate among government institutions and civil society. The oil production accounting workshop in Nigeria and the NOC workshop in Timor-Leste are particularly valid examples. Timor-Leste also addressed other petroleum sector governance issues with a focus on including civil society and by the end of 2009 had nearly fulfilled all criteria for becoming Extractive Industries Transparency Initiative (EITI) compliant. It should be noted that OfD assistance only made a relatively small contribution to this process, which was very much nationally driven. Petroleum related environmental issues were addressed at different levels and from different angles. A thorough environmental needs

  3. A contribution to analysis of thermal processes and management life in oil-immersed transformer

    International Nuclear Information System (INIS)

    Najdenkoski, Krste I.

    2003-01-01

    The temperature has a great significance for the transformer, not only when defining its power, but also during exploitation. The increased heating causes deterioration of the insulation characteristics, first of all to the windings. Hot spot temperature, along with ambient conditions (temperature, sun radiation, moisture) where the transformer is installed has decisive effects on the loss of life of transformer, as well as to its loading. In great number of research projects have been defined the temperature models for a transformer which today are entered in the relevant international standards. The temperature model is a mathematical formulation for the thermal processes in the transformer and by means of which most often are determined: the top and bottom oil temperature rise, hot spot temperature, overloading, loss of life of transformer etc. In order to make the thermal analysis more realistic and more accurate, it is necessary to define a temperature model on the basis of recent research work in this area. So-called alternative temperature model has been made and also a computer program for temperature calculations has been developed. By this program can be determined the hot spot temperature, top and bottom oil temperature, as well as,the temperature in the oil duct, and additionally a calculation of the loss of life of transformer can be made. This program provides sufficient information to manage the loading of the transformer, and it can also be a basis for dynamic management with transformer operation, and it can be a part of SCADA system for control of the operation of a transformer substation. The use of an adequate temperature model can make possible the transformer to operate at higher operating temperature, and this will mean reduction of the dimensions of transformer tank as well as the volume of the cooling medium in order to provide the required power of the transformer. For research purposes of this paper, a design has been done and then

  4. Sales revenue and data for the first quarter of 2007

    International Nuclear Information System (INIS)

    2007-04-01

    This document presents the Areva Group sales revenue and data for the first quarter of 2007: sales revenue stable at 2.47 billion Euro and anticipation of a significant increase in sales revenue for 2007. Other information concerns: the business trends (reform of the nuclear sector in Russia, Toshiba's acquisition of Westinghouse, reopening of the debate on the need to build new nuclear reactors by more than 60 countries), key events concerning Areva's operations during the first quarter (major marketing events, contracts and agreements, strategic developments), and detailed first quarter 2007 sales revenues (front-end division, reactors and services, back-end division, transmission and distribution division). (J.S.)

  5. Revenue comparisons for auctions when bidders have arbitrary types

    Directory of Open Access Journals (Sweden)

    Yeon-Koo Che

    2006-03-01

    Full Text Available This paper develops a methodology for characterizing expected revenue from auctions when bidders' types come from an arbitrary distribution. In particular, types may be multidimensional, and there may be mass points in the distribution. One application extends existing revenue equivalence results. Another application shows that first-price auctions yield higher expected revenue than second-price auctions when bidders are risk averse and face financial constraints. This revenue ranking extends to risk-averse bidders with general forms of non-expected utility preferences.

  6. Spending Natural Resource Revenues in an Altruistic Growth Model

    DEFF Research Database (Denmark)

    Frederiksen, Elisabeth Hermann

    This paper examines how revenues from a natural resource interact with growth and welfare in an overlapping generations model with altruism. The revenues are allocated between public productive services and direct transfers to members of society by spending policies. We analyze how these policies...... influence the dynamics, and how the dynamics are influenced by the abundance of the revenue. Abundant revenues may harm growth, but growth and welfare can be oppositely affected. We also provide the socially optimal policy. Overall, the analysis suggests that variation in the strength of altruism...

  7. Forecasting gaming revenues in Clark County, Nevada: Issues and methods

    Energy Technology Data Exchange (ETDEWEB)

    Edwards, B.K.; Bando, A.

    1992-01-01

    This paper describes the Western Area Gaming and Economic Response Simulator (WAGERS), a forecasting model that emphasizes the role of the gaming industry in Clark County, Nevada. Is is designed to generate forecasts of gaming revenues in Clark County, whose regional economy is dominated by the gaming industry. The model is meant to forecast Clark County gaming revenues and identifies the exogenous variables that affect gaming revenues. It will provide baseline forecasts of Clark County gaming revenues in order to assess changes in gaming-related economic activity resulting from changes in regional economic activity and tourism.

  8. Forecasting gaming revenues in Clark County, Nevada: Issues and methods

    Energy Technology Data Exchange (ETDEWEB)

    Edwards, B.K.; Bando, A.

    1992-07-01

    This paper describes the Western Area Gaming and Economic Response Simulator (WAGERS), a forecasting model that emphasizes the role of the gaming industry in Clark County, Nevada. Is is designed to generate forecasts of gaming revenues in Clark County, whose regional economy is dominated by the gaming industry. The model is meant to forecast Clark County gaming revenues and identifies the exogenous variables that affect gaming revenues. It will provide baseline forecasts of Clark County gaming revenues in order to assess changes in gaming-related economic activity resulting from changes in regional economic activity and tourism.

  9. Economic turmoil, new administration to affect revenue cycle in 2009.

    Science.gov (United States)

    2009-01-01

    Healthcare revenue cycle leaders willface some pressing issues in 2009, including continuing economic turmoil, increasing numbers of underinsured patients, avoiding unreimbursable medical errors, and implementation of ICD-10.

  10. The virtual oil company

    International Nuclear Information System (INIS)

    Garibaldi, C.A.; Haney, R.M.; Ross, C.E.

    1995-01-01

    In anticipation of continuing declines in upstream activity levels over the next 15 years, the virtual oil company model articulates a vision of fewer, leaner, but financially stronger firms that concentrate only on their core competencies and outsource the rest through well-structured partnering arrangements. Freed from the ''clutter,'' these leading companies will be in better position to focus on those opportunities that offer the potential for renewed reserve and revenue growth

  11. A cost-benefit analysis of produced water management opportunities in selected unconventional oil and gas plays

    Science.gov (United States)

    Marsters, P.; Macknick, J.; Bazilian, M.; Newmark, R. L.

    2013-12-01

    Unconventional oil and gas production in North America has grown enormously over the past decade. The combination of horizontal drilling and hydraulic fracturing has made production from shale and other unconventional resources economically attractive for oil and gas operators, but has also resulted in concerns over potential water use and pollution issues. Hydraulic fracturing operations must manage large volumes of water on both the front end as well as the back end of operations, as significant amounts of water are coproduced with hydrocarbons. This water--often called flowback or produced water--can contain chemicals from the hydraulic fracturing fluid, salts dissolved from the source rock, various minerals, volatile organic chemicals, and radioactive constituents, all of which pose potential management, safety, and public health issues. While the long-term effects of hydraulic fracturing on aquifers, drinking water supplies, and surface water resources are still being assessed, the immediate impacts of produced water on local infrastructure and water supplies are readily evident. Produced water management options are often limited to underground injection, disposal at centralized treatment facilities, or recycling for future hydraulic fracturing operations. The costs of treatment, transport, and recycling are heavily dependent on local regulations, existing infrastructure, and technologies utilized. Produced water treatment costs also change over time during energy production as the quality of the produced water often changes. To date there is no publicly available model that evaluates the cost tradeoffs associated with different produced water management techniques in different regions. This study addresses that gap by characterizing the volume, qualities, and temporal dynamics of produced water in several unconventional oil and gas plays; evaluating potential produced water management options, including reuse and recycling; and assessing how hydraulic

  12. Un Manifesto economico per i paesi del Golfo Persico esportatori di petrolio(An Economic Manifesto for the Oil Exporting Countries of the Persian Gulf

    Directory of Open Access Journals (Sweden)

    Hossein Askari

    2012-04-01

    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, waste, corruption, military expenditures and wars will be reduced, there will be better chance of adopting and implementing rational economic policies, and equity across generations may be enhanced. Hope may be slowly restored to a region that has lost hope. I paesi del Golfo Persico esportatori di petrolio hanno fallito dal punto di vista economico e sociale. È tempo di adottare un approccio radicalmente nuovo alla gestione dei ricavi petroliferi finché vi sono ancora riserve di petrolio e di gas. Noi proponiamo un approccio finalizzato ad azzerare il livello dei ricavi disponibili per i governi, istituendo allo stesso tempo un formale “Fondo petrolifero per tutte le generazioni”. Fondi petroliferi sono stati ipotizzati e realizzati anche da altri, ma nella nostra proposta il governo perderebbe (col tempo qualunque accesso ai ricavi petroliferi; sottraendo denaro facile ai governi e ai sovrani, la probabilità di sprechi, corruzione e guerre risulterebbe ridotta, e vi sarebbe maggiore possibilità di adottare e mettere in pratica politiche economiche razionali finalizzate ad accrescere l’equità tra le generazioni.  JEL Codes: O13, O53, Q48Keywords: Gas; Oil

  13. Areva - First half 2008 sales revenue

    International Nuclear Information System (INIS)

    2008-01-01

    As of June 30, 2008, AREVA's backlog stood at 38.1 billion euro, for 13.6% growth since June 30, 2007, with 9.9% growth in Nuclear and 40.7% growth in Transmission and Distribution. In Nuclear, the backlog came to 32.3 billion euro as of the end of June 2008. In the front end of the cycle, AREVA signed multi-year contracts in the first half of the year with Japanese and American utilities and with EDF, for a combined total of more than 1 billion euro. Of note in the back end of the cycle is the contract AREVA signed with the U.S. Department of Energy to build a MOX fuel fabrication facility. In Transmission and Distribution, the backlog came to 5.8 billion euro as of the end of period. A total of 3.2 billion euro in orders was booked in the first half, an increase of 20.0% year-on-year. The division won several important contracts, most notably a contract with Dubai Electricity (more than 130 million euro), a contract with National Grid and RTE for the renovation of the IFA 2000 grid interconnection between France and Great Britain (more than 60 million euro), and, in the industrial field, a contract with Rio Tinto Alcan (close to 65 million euro). The group cleared revenue of 6.2 billion euro in the first half of 2008, up 14.8% (+16.4% like-for-like) compared with the first half of 2007. Sales outside France were up 14.3% to 4.2 billion euro or 68.6% of total sales; the latter were stable compared with the first half of 2007. All businesses were up, with growth of 15.9% in Nuclear operations (+19.1% LFL1) - particularly in Reactors and Services (+31.3% LFL1) - and 13.0% growth in Transmission and Distribution operations (+12.0% LFL T 1). Foreign exchange had a negative impact of 155 million euro, primarily due to the change in the U.S. dollar in relation to the euro. Changes in the consolidated group had a positive impact of 97 million euro, mainly reflecting acquisitions in the Transmission and Distribution division and in Renewable Energies. Sales revenue for

  14. Integrating a Procurement Management Process into Critical Chain Project Management (CCPM: A Case-Study on Oil and Gas Projects, the Piping Process

    Directory of Open Access Journals (Sweden)

    Sung-Hwan Jo

    2018-05-01

    Full Text Available Engineering, Procurement, and Construction (EPC of oil and gas megaprojects often experience cost overruns due to substantial schedule delays. One of the greatest causes of these overruns is the mismanagement of the project schedule, with the piping works (prefabrication and installation occupying a majority of that schedule. As such, an effective methodology for scheduling, planning, and controlling of piping activities is essential for project success. To meet this need, this study used the Critical Chain Project Management (CCPM to develop a piping construction delay prevention methodology, incorporating material procurement processes for EPC megaprojects. Recent studies indicate that the traditional scheduling method used on oil and gas mega projects has critical limitations regarding resource scarcity, calculation of activity duration, and dealing with uncertainties. To overcome these limitations, the Theory of Constraints-based CCPM was proposed and implemented to provide schedule buffers management. Nonexistent in literature, and of critical importance, is this paper’s focus on the resource buffer, representing material uncertainty and management. Furthermore, this paper presents a step-by-step process and flow chart for project, construction, and material managers to effectively manage a resource buffer through the CCPM process. This study extends the knowledge of traditional resource buffers in CCPM to improve material and procurement management, thus avoiding the shortage of piping materials and minimizing delays. The resultant process was validated by both deterministic and probabilistic schedule analysis through two case studies of a crude pump unit and propylene compressor installation at a Middle Eastern Refinery Plant Installation. The results show that the CCPM method effectively handles uncertainty, reducing the duration of piping works construction by about a 35% when compared to the traditional method. Furthermore, the

  15. Terms of trade, countertrade and recycling under oil price shocks

    Energy Technology Data Exchange (ETDEWEB)

    Tolonen, Y. (Turku School of Economics (Finland))

    1989-01-01

    In this paper we first analyse the consequences of oil pricedisturbances in a model of two oil importing and one oil producingcountries. Attention is given both to the terms of trade between theoil importers and to the recycling of the oil revenues of the oilproducer to imports from these oil importing countries. Secondly,extending the model by another oil producer we discuss a situationwhere a part of the oil trade takes place on a countertrade basis. Thequestion is whether such countertrade deals are advantageous or notwhen oil price shocks occur. Various factors are presented upon whichthe outcome depends. 12 refs., 2 tabs., 1 app.

  16. Contingency plan improvement for managing oil spills in the coastal waters of Thailand.

    Science.gov (United States)

    Singkran, Nuanchan

    2014-12-15

    The estimated risks of being impacted by oil spills in the coastal waters were used to improve the oil spill contingency plan of Thailand. Functional roles of local agencies are integrated into the plan. Intensive measures are suggested for the coastal provinces located in high-very high risk zones, whereas light and moderate measures are suggested for the coastal provinces located in low and moderate risk zones, respectively. The estimated percentage risks due to simulated oil slicks hitting the coast and/or important resources (PRoilspill) were used to guide the year-round water activities that should be carefully handled at a certain radius with a low-moderate PRoilspill, whereas they should be avoided at a certain radius with a high-very high PRoilspill. Important measures before, during, and post periods of an oil spill incident are suggested to prevent and monitor oil spill incidents and mitigate their impacts on the environment. Copyright © 2014 Elsevier Ltd. All rights reserved.

  17. Strategic management of oil spills: some lessons from the Exxon Valdez disaster

    International Nuclear Information System (INIS)

    Geistauts, G.A.

    1992-01-01

    In March 1989 the tanker Exxon Valdez grounded on a well-known reef in Alaska's Prince William Sound, resulting in an oil spill of nearly 11 million gallons (260,000 barrels). Much of the oil washed ashore, coating over 1,200 miles of shoreline, and damaged marine mammals, birds, and other life forms. Response to the spill revealed lack of preparedness, disagreement as to appropriate response tactics and technologies, and a confused decision-making structure. This article provides details of the Alaskan setting of the disaster. The historical conflict between economic development and environmental preservation that characterizes the region is emphasised. An outline is given of the apparent causes of this particular oil spill and then a number of strategic propositions concerning oil spills in general and their remediation are presented. In conclusion, it is argued briefly that, in general, effective and efficient maritime oil spill prevention and remediation require technological, logistic and decision-making mechanisms to be in place at all times on a global scale. This suggests that there should be an overall structural framework, composed of key sub-structures providing the necessary mechanisms. (U.K.)

  18. Response, remediation and risk management of a crude oil pipeline spill

    International Nuclear Information System (INIS)

    Rose, P.A.; Livingstone, W.R.

    1997-01-01

    A light crude oil spill occurred along a section of pipeline near the bank of a major river of a southern Alberta community in December of 1995. Crude oil was observed at ground surface over an area of 2,000 sq m at the top of the river slope. It had also migrated down slope through the subgrade soils and along the groundwater table toward the river. The initial emergency response measures included removing and disposing of oil-stained vegetation and snow, and the containment and recovery of free oil pooled on the ground surface. Other measures included the drilling of test holes and boreholes and the installation of groundwater monitoring and recovery wells. It was determined that phase-separated crude oil had accumulated at the water table within the flood plain sediments near the river. The water was remediated on-site to Canadian drinking water quality standards. The zone of impacted water was effectively captured, and ground water quality steadily improved

  19. Project management as a tool to implement the strategy, the realities and prospects of oil and gas enterprises in the Republic of Kazakhstan

    Directory of Open Access Journals (Sweden)

    Karim Medet Sapiuly

    2017-01-01

    Full Text Available Project leadership is an important part of organizations’ activities. Project management makes it possible to solve some business tasks more effectively than the means of traditional and operational management. Projects hold a key role in the implementation of the organization’s strategy. Using the project leadership approach yielded uniting the functional units of the organization in a whole single team to achieve the goals and indicators of the strategy. Employing of project management in commercial and government organizations gets common in the CIS countries, including Republic of Kazakhstan. It is revealed that the implementation of a strategic management system will make it possible to minimize the consequences of the economic crisis for the oil and gas producing companies of Kazakhstan. A specific feature of Kazakhstan’s oil and gas industry lays in management system based on a functional approach, insufficient level of strategic management system and project management implementation. It is established that there are significant prospects for the development of project management in the oil and gas industry of Kazakhstan. Adoption and optimization of project leadership at the enterprises of the oil and gas industry in Kazakhstan will lead to the appropriate implementation of a strategic management system. In this regard, following measures are suggested to implement by enterprises: development of unified industry standards for project leadership; design of a training system for managers and employees; implementation of the process approach in the company’s management system; design and implementation of a Project Management Office (PMO in the company; development of a fair and progressive employees incentive program based on key performance indicators (KPI; implementation of specialized software for project management. The fulfillment of the above suggestions will significantly improve efficiency of the project management system

  20. Oil sands tax expenditures

    International Nuclear Information System (INIS)

    Ketchum, K; Lavigne, R.; Plummer, R.

    2001-01-01

    The oil sands are a strategic Canadian resource for which federal and provincial governments provide financial incentives to develop and exploit. This report describes the Oil Sands Tax Expenditure Model (OSTEM) developed to estimate the size of the federal income tax expenditure attributed to the oil sands industry. Tax expenditures are tax concessions which are used as alternatives to direct government spending for achieving government policy objectives. The OSTEM was developed within the business Income Tax Division of Canada's Department of Finance. Data inputs for the model were obtained from oil sands developers and Natural Resources Canada. OSTEM calculates annual revenues, royalties and federal taxes at project levels using project-level projections of capital investment, operating expenses and production. OSTEM calculates tax expenditures by comparing taxes paid under different tax regimes. The model also estimates the foregone revenue as a percentage of capital investment. Total tax expenditures associated with investment in the oil sands are projected to total $820 million for the period from 1986 to 2030, representing 4.6 per cent of the total investment. 10 refs., 2 tabs., 7 figs

  1. Fiscal sustainability and the State Oil Fund in Azerbaijan

    Directory of Open Access Journals (Sweden)

    Kenan Aslanli

    2015-07-01

    Full Text Available Azerbaijan, like many resource-rich countries, decided to set up a sovereign wealth fund in order to avoid income volatility, to achieve intergenerational equity and to transform resource wealth into more productive assets. Azerbaijan established the State Oil Fund of the Azerbaijan Republic (SOFAZ in late 1999 to accumulate income from hydrocarbon exports. SOFAZ has gradually become the leading part of the country's public finance system. Azerbaijan was the first country to fulfill all requirements of the Extractive Industries Transparency Initiative (EITI, an international agreement to implement global standards of transparency in the resource extracting sectors. However, SOFAZ's contribution to an effective resource revenue management and long-run economic development is still questionable: transparency applies only to the income side of Azerbaijan's oil fund while the expenditure side remains opaque. Unlimited and unconditional transfers from SOFAZ to the state budget have threatened fiscal sustainability and the overall macroeconomic equilibrium.

  2. A Causal Mechanism of Policy Innovation: The Reform of Colombia’s Oil-Rents Management System

    Directory of Open Access Journals (Sweden)

    Bayron Paz

    2018-01-01

    Full Text Available This article analyzes policy innovation in Colombia, through the adoption of a new centralized oil-rent management system in 2011, after 20 years of decentralized policies. Using a policy-design framework, we identify a causal mechanism linking the opening of a policy window to policy change as a combination of the emergence of a new policy network, the adoption of a new policy paradigm and the selection of a new instruments mix. Drawing on Bayesian statistics, the 11 tests conducted on the causal mechanism show the importance of State resources of information, authority, treasury and organization to assess the outcome of policy change.

  3. Optimizing revenue at a cosmetic surgery centre.

    Science.gov (United States)

    Funk, Joanna M; Verheyden, Charles N; Mahabir, Raman C

    2011-01-01

    The demand for cosmetic surgery and services has diminished with recent fluctuations in the economy. To stay ahead, surgeons must appreciate and attend to the fiscal challenges of private practice. A key component of practice economics is knowledge of the common methods of payment. To review methods of payment in a five-surgeon group practice in central Texas, USA. A retrospective chart review of the financial records of a cosmetic surgery centre in Texas was conducted. Data were collected for the five-year period from 2003 to 2008, and included the method of payment, the item purchased (product, service or surgery) and the dollar amount. More than 11,000 transactions were reviewed. The most common method of payment used for products and services was credit card, followed by check and cash. For procedures, the most common form of payment was personal check, followed by credit card and financing. Of the credit card purchases for both products and procedures, an overwhelming majority of patients (more than 75%) used either Visa (Visa Inc, USA) or MasterCard (MasterCard Worldwide, USA). If the amount of the individual transaction surpassed US$1,000, the most common method of payment transitioned from credit card to personal check. In an effort to maximize revenue, surgeons should consider limiting the credit cards accepted by the practice and encourage payment through personal check.

  4. Geographic Response Information Network : a new tool to manage community information for oil spill contingency planning and response operations

    Energy Technology Data Exchange (ETDEWEB)

    Munger, M.; Bryant, T. [Cook Inlet Regional Citizen' s Advisory Council, Kenai, AK (United States); Haugstad, E.; Kwietniak, J. [Tesora Alaska Petroleum, Kenai, AK (United States); DeCola, E.; Robertson, T. [Nuka Research and Planning Group, Seldovia, AK (United States)

    2006-07-01

    This paper described the Geographic Response Information Network (GRIN) project which was launched to address some of the logistical challenges that often complicate oil spill and emergency response operations. The objective of the project was to develop a computer-based tool for incident logistics to organize maps and data related to oil spills, safety, public relations and basic community resources. In addition to its use for oil spill response planning, the data available can be useful for all-hazards emergency response planning. Early prototypes of the GRIN used PowerPoint slides to organize basic information about coastal communities in Alaska. With time, hyper text markup language (html) was used as the programming format because it can be more readily hyper-linked. Currently, GRIN is organized as a web page with the following 5 categories of information: general, liaison, public information, logistics and safety. There are several sub-headings under each category, such as location, people, economy, subsistence and transportation. This general information allows incident management personnel to obtain a community profile to better understand the cultural, social and economic basis of the community. The GRIN prototype was developed for the Kodiak urban area, but it may be expanded in the future to include other coastal communities in Alaska. 3 refs., 6 figs.

  5. Geographic Response Information Network : a new tool to manage community information for oil spill contingency planning and response operations

    International Nuclear Information System (INIS)

    Munger, M.; Bryant, T.; Haugstad, E.; Kwietniak, J.; DeCola, E.; Robertson, T.

    2006-01-01

    This paper described the Geographic Response Information Network (GRIN) project which was launched to address some of the logistical challenges that often complicate oil spill and emergency response operations. The objective of the project was to develop a computer-based tool for incident logistics to organize maps and data related to oil spills, safety, public relations and basic community resources. In addition to its use for oil spill response planning, the data available can be useful for all-hazards emergency response planning. Early prototypes of the GRIN used PowerPoint slides to organize basic information about coastal communities in Alaska. With time, hyper text markup language (html) was used as the programming format because it can be more readily hyper-linked. Currently, GRIN is organized as a web page with the following 5 categories of information: general, liaison, public information, logistics and safety. There are several sub-headings under each category, such as location, people, economy, subsistence and transportation. This general information allows incident management personnel to obtain a community profile to better understand the cultural, social and economic basis of the community. The GRIN prototype was developed for the Kodiak urban area, but it may be expanded in the future to include other coastal communities in Alaska. 3 refs., 6 figs

  6. 14 CFR Section 9 - Functional Classification-Operating Revenues

    Science.gov (United States)

    2010-01-01

    ... AIR CARRIERS Profit and Loss Classification Section 9 Functional Classification—Operating Revenues... shall be included in profit and loss classification 8100, Nonoperating Income and Expense-Net, and the... for all air carrier groups and shall include all revenues from the United States Government as direct...

  7. Taxation and Revenues for Education. Education Partners Working Papers.

    Science.gov (United States)

    Crampton, Faith; Whitney, Terry

    Funding education with property taxes has always been controversial. This paper examines taxation and the sources of revenue for education. The historical context in which tax and revenue sources have supported education in the United States is described. Also discussed are state tax-policy goals and education funding, and the embattled role of…

  8. Revenue Risk Modelling and Assessment on BOT Highway Project

    Science.gov (United States)

    Novianti, T.; Setyawan, H. Y.

    2018-01-01

    The infrastructure project which is considered as a public-private partnership approach under BOT (Build-Operate-Transfer) arrangement, such as a highway, is risky. Therefore, assessment on risk factors is essential as the project have a concession period and is influenced by macroeconomic factors and consensus period. In this study, pre-construction risks of a highway were examined by using a Delphi method to create a space for offline expert discussions; a fault tree analysis to map intuition of experts and to create a model from the underlying risk events; a fuzzy logic to interpret the linguistic data of risk models. The loss of revenue for risk tariff, traffic volume, force majeure, and income were then measured. The results showed that the loss of revenue caused by the risk tariff was 10.5% of the normal total revenue. The loss of revenue caused by the risk of traffic volume was 21.0% of total revenue. The loss of revenue caused by the force majeure was 12.2% of the normal income. The loss of income caused by the non-revenue events was 6.9% of the normal revenue. It was also found that the volume of traffic was the major risk of a highway project because it related to customer preferences.

  9. Costs and revenues of investment in enterprise-related schooling.

    NARCIS (Netherlands)

    Hartog, J.; Groot, W.J.N.; Oosterbeek, H.

    1994-01-01

    In this paper, a general specification of the wage equation is used to derive a marginal revenue equation for enterprise-related schooling. The optimal amount of investment in enterprise-related schooling is found by equating the marginal revenues and marginal costs. For the empirical analysis, the

  10. 75 FR 9359 - Drawback of Internal Revenue Excise Tax

    Science.gov (United States)

    2010-03-02

    ... Drawback of Internal Revenue Excise Tax AGENCY: Customs and Border Protection, Department of Homeland... substitution drawback claim for internal revenue excise tax paid on imported merchandise in situations where no excise tax was paid upon the substituted merchandise or where the substituted merchandise is the subject...

  11. Seeing Potential, Pushing Possibilities: Thinking Creatively about Revenue Opportunities

    Science.gov (United States)

    Bowers, Betsy; Fulcher, Rebecca

    2010-01-01

    Revenue generation is a challenge faced by museums in today's economy. The authors encourage educators to take on a larger role in establishing new revenue streams. By applying Jim Collins' "Hedgehog Concept," their unique knowledge of audiences, and their strong ability to work in teams, educators can rethink what they've always done to influence…

  12. 47 CFR 32.5060 - Other basic area revenue.

    Science.gov (United States)

    2010-10-01

    ... accounts in the settlement process. (See also § 32.4999(e)). To the extent that the charges and credits resulting from a settlement process can be identified by Local Network Services Revenue account they shall... SYSTEM OF ACCOUNTS FOR TELECOMMUNICATIONS COMPANIES Instructions For Revenue Accounts § 32.5060 Other...

  13. 47 CFR 32.5082 - Switched access revenue.

    Science.gov (United States)

    2010-10-01

    ... SYSTEM OF ACCOUNTS FOR TELECOMMUNICATIONS COMPANIES Instructions For Revenue Accounts § 32.5082 Switched access revenue. (a) This account shall consist of federally and state tariffed charges assessed to... and state tariffed charges. Such subsidiary record categories shall be reported as required by part 43...

  14. 76 FR 6313 - Asparagus Revenue Market Loss Assistance Payment Program

    Science.gov (United States)

    2011-02-04

    ... Revenue Market Loss Assistance Payment Program AGENCY: Commodity Credit Corporation and Farm Service Agency, USDA. ACTION: Final rule. SUMMARY: This rule implements the Asparagus Revenue Market Loss Assistance Payment (ALAP) Program authorized by the Food, Conservation and Energy Act of 2008 (the 2008 Farm...

  15. 75 FR 41397 - Asparagus Revenue Market Loss Assistance Payment Program

    Science.gov (United States)

    2010-07-16

    ... Revenue Market Loss Assistance Payment Program AGENCY: Commodity Credit Corporation and Farm Service... to implement the new Asparagus Revenue Market Loss Assistance Payment (ALAP) Program authorized by the Food, Conservation, and Energy Act of 2008 (the 2008 Farm Bill). The purpose of the program is to...

  16. Revenue Sharing: An Assessment of Current Policies at UK Universities

    Science.gov (United States)

    Gazzard, James; Brown, Sarah A.

    2012-01-01

    The transfer of academic technologies to industry is an important process underpinning innovation and economic development. Various approaches have been adopted by universities to encourage academics to participate in commercial activities. Many have implemented revenue sharing policies, through which the revenues generated from university-owned…

  17. Funding California Schools: The Revenue Limit System. Technical Appendices

    Science.gov (United States)

    Weston, Margaret

    2010-01-01

    This document presents the technical appendices accompanying the report, "Funding California Schools: The Revenue Limit System." Included are: (1) Revenue Limit Calculation and Decomposition; (2) Data and Methods; and (3) Base Funding Alternative Simulation Results. (Contains 5 tables and 26 footnotes.) [For the main report,…

  18. Impedes to effective collection of local government revenue and ...

    African Journals Online (AJOL)

    However, the inability of these institutions to effectively collect revenue in Cameroon has hampered service delivery. Following the case of the Wum Central Council, the study holds that tax evasion and defaulting, migration and the diversion of revenue to other Local Government areas as well as underpayments of court ...

  19. Groundwater management for pollution control: a case study for oil shale mining in Northeast Estonia

    International Nuclear Information System (INIS)

    Erg, K.; Raukas, A.

    2001-01-01

    In Estonia oil shale is produced by underground and surface mining. The excavation methods used cause serious damage to the environment, especially to the topography, which hampers the further use of the mined-out areas. The oil shale mining has a serious impact on the environment also due to the pollution of surface and groundwater by polluted mine drainage waters, lowering of groundwater level, changing of soil properties and high air pollution rate. Decline in mining activities and the introduction of new technologies together with economic measures has improved the situation but much should be done during coming years. (author)

  20. The Development of Knowledge Management in the Oil and Gas Industry

    OpenAIRE

    Robert M. Grant

    2013-01-01

    Una revisión de las experiencias en gestión del conocimiento de las compañías BP, Royal Dutch Shell, Chevron, ExxonMobil, ConocoPhillips, Halliburton, Schlumberger, Paragon Engineering Services, BHP, Marathon Oil, y Murphy Oil identifica dos tipos de prácticas principales de gestión del conocimiento: aplicación de las tecnologías de la información y las comunicaciones para la transferencia de conocimiento explícito y el uso de técnicas de gestión del conocimiento persona a persona para facili...

  1. Development of water quality objectives and management systems for the lower Athabasca River in the oil sands area

    International Nuclear Information System (INIS)

    Noton, L.; McEachern, P.

    2004-01-01

    This paper addressed environmental concerns related to the increased oil sands activity along the lower Athabasca River in northeastern Alberta. The concerns include potential effects on water quality of the river even though wastewaters do not currently reach the Athabasca River, nor do they have any significant effects. However, as the industry expands, there is concern that releases of wastewater may increase significantly. A multi-stakeholder group called the Cumulative Environmental Management Association (CEMA) has addressed some of these environmental management issues in the Athabasca area by establishing a water quality task group that examines water quality protection and management activities. The task group intends to develop and recommend water quality objectives and management options on the lower Athabasca River. Their 4 part process includes: (1) defining the problem, (2) setting goals, (3) measuring performance, and (4) managing and adapting to potential impacts. The group has identified and defined about 35 water quality variables of potential concern. It has also identified the uses of water it wants to protect and intends to prevent the degradation of water quality. A plan for developing site specific water quality objectives has been established following a review of water quality guidelines. Performance will be measured using water quality models that simulate full development scenarios. The modelling work will be instrumental in designing management schemes for any potential impacts

  2. 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)

  3. Misplaced generosity: extraordinary profits in Alberta's oil and gas industry

    International Nuclear Information System (INIS)

    Boychuk, R.

    2010-11-01

    This document gives a picture extended over a decade of the revenues, investment levels and profits of the Alberta's oil and gas industry. It also investigates on the distribution of those revenues and profits that were accrued to the provincial government through royalties and land sales. This document, tries to fill the information gaps left by the current government's achievement as Albertans' oil and gas trustee, pointing out the ongoing lack of responsibility in this province's most important economic sector.

  4. Water Pricing as an Economic Justification for Reducing Non-Revenue Water (NRW Projects

    Directory of Open Access Journals (Sweden)

    Massoud Tabesh

    2017-03-01

    Full Text Available Management of water demand and modification of consumption patterns are becoming increasingly essential due to the increasingly limited precipitation and the growing population which have led to both severe restrictions on renewable water resources and increasing demands for water in Iran. The most important consumption management measures involve reducing Non-Revenue Water (NRW and decreasing water losses in the water supply system. Non-revenue water is defined as the difference between the total inflow and the metered consumption in the supply system. The losses may be divided into the two components of apparent and real losses. Achieving reductions in non-revenue water calls for the careful study and evaluation of the operational procedures proposed in each case since reductions will be economical only when accurate and realistic values are considered in water pricing. The present study draws upon the data obtained from non-revenue water projects implemented in District 4 of Tehran Water and Wastewater Company, the measures proposed by the project consultant, and the economic justifications claimed for all the costs associated with the measures to eliminate water losses. The cost of the proposed measures are calculated for two different economic values of water proposed to ensure benefits, and under four different interest rates. Results confirm the profitability of the non-revenue water solutions based on the finished cost of water even at subsidized rates of public funds. However, project profitability will be in question if the economic price of water is assumed to be equivalent to the total trade price of water and if both real and apparent losses are to be reduced.

  5. Gasoline taxes and revenue volatility: An application to California

    International Nuclear Information System (INIS)

    Madowitz, M.; Novan, K.

    2013-01-01

    This paper examines how applying different combinations of excise and sales taxes on motor fuels impact the volatility of retail fuel prices and tax revenues. Two features of gasoline and diesel markets make the choice of tax mechanism a unique problem. First, prices are very volatile. Second, demand for motor fuels is extremely inelastic. As a result, fuel expenditures vary substantially over time. Tying state revenues to these expenditures, as is the case with a sales tax, results in a volatile stream of revenue which imposes real costs on agents in an economy. On July 1, 2010, California enacted Assembly Bill x8-6, the “Gas Tax Swap”, increasing the excise tax and decreasing the sales tax on gasoline purchases. While the initial motivation behind the revenue neutral swap was to provide the state with greater flexibility within its budget, we highlight that this change has two potentially overlooked benefits; it reduces retail fuel price volatility and tax revenue volatility. Simulating the monthly fuel prices and tax revenues under alternative tax policies, we quantify the potential reductions in revenue volatility. The results reveal that greater benefits can be achieved by going beyond the tax swap and eliminating the gasoline sales tax entirely. - Highlights: • We examine how gasoline taxes affect government revenue volatility. • We simulate the impact of California's Gasoline Tax Swap policy. • Sales taxes are shown to magnify price volatility and government revenue volatility. • A pure excise tax policy results in less volatile fuel prices and state revenues. • We argue that reductions in both forms of volatility are welfare enhancing

  6. Managing the environmental effects of the Norwegian oil and gas industry: from conflict to consensus

    International Nuclear Information System (INIS)

    Gray, John S.; Bakke, Torgeir; Beck, Hans Jakob; Nilssen, Ingunn

    1999-01-01

    In the early days of exploitation of the oil resources on Norway's continental shelf there was little control over environmental impacts. The oil companies expected effects of their activity to be found to a 1 Km radius round platforms. In the late 1980s data started appearing that suggested that effects were over much larger areas. These findings were disputed but subsequent studies showed that a more realistic figure of the area affected was 3 km radius giving roughly 10 times the area predicted by the companies. The Norwegian authorities reacted by imposing restrictions on discharges of oil-based drilling cuttings and since 1993 oil-based drilling mud or cuttings have not been intentionally discharged to sea on the Norwegian shelf. In 1996 Norway changed its offshore monitoring from field based monitoring of sediments to a regional monitoring of both sediments and the water column. The change makes it possible to obtain a better overview of the environmental conditions, at the same time it also reduces costs for the operators. (Author)

  7. Utilizing the tool of gis in oil spill management - a case study of ...

    African Journals Online (AJOL)

    Results indicate that about 47.21%, almost half of the study area is cultivated. However, three (3) different buffer zones were created. The waterbodies in the area were identified as the major oil spill distributor. Out of total area of 391.2 km2 covered by the buffer region, cultivated land occupies the highest areal extent of ...

  8. Risk management in oil reservoir water-flooding under economic uncertainty

    NARCIS (Netherlands)

    Siraj, Muhammad; Van den Hof, Paul; Jansen, Jan Dirk

    2015-01-01

    Model-based economic optimization of the water-flooding process in oil reservoirs suffers from high levels of uncertainty. The achievable economic objective is highly uncertain due to the varying economic conditions and the limited knowledge of the reservoir model parameters. For improving

  9. Natural Resources Investment of Oil and Gas and Regional Development Impact on Community Empowerment

    Directory of Open Access Journals (Sweden)

    Ridwan Nyak Baik

    2015-06-01

    Full Text Available This study was done in Bekasi district, at West Java, Indonesia, with the aims to analyze the management of upstream activities (exploration and production of oil and gas industry and its impact on improving the quality of infrastructure, the equal benefits proportion for the corporation, local government and society, and CSR programs that would affect the community empowerment. The analysis would be calculated based on the per capita income, the number of medical personals, and the number of teachers. Based on that calculation, this study analyzed the impact of oil and gas activities to the regional development of the area under this study. Analysis of regional development was calculated through number of industry in the area, the economic growth, and local government revenue that affects community empowerment in Bekasi.Analyzed by structural equation modeling (SEM, the results showed that: (1 management of upstream oil and gas activities in this area have a positive influence, but no significant effect on community empowerment; (2 management of upstream oil and gas activities have a significant positive impact on regional development; (3 regional development has a significant positive impact on community empowerment; (4 management of upstream oil and gas activities have a greater positive influence towards community empowerment through regional development, because of the multiplier effect of the development of the region.

  10. 75 FR 78804 - Proposed Collection; Comment Request for Revenue Procedure 2003-45 and Revenue Procedure 2004-48

    Science.gov (United States)

    2010-12-16

    ... required by the Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)). Currently... Corporations, and Revenue Procedure 2004-48, Deemed Corporate Election for Late Electing S Corporations. DATES...-45, Late Election Relief for S Corporations, and Revenue Procedure 2004-48, Deemed Corporate Election...

  11. Turmoil on the International Oil Markets. Getting Used to Production Capacity Constraints

    International Nuclear Information System (INIS)

    Ten Kate, W.; Van Geuns, L.

    2009-01-01

    In 2008 the world experienced a prelude to the new realities of the international oil market. These new realities include a tight balance between supply and demand, the rapidly increased cost of the marginal barrel and the extreme price volatility. This price volatility has driven prices up $50 a barrel in the space of 5 months, only to drop $50 in 2 months after the July 14 peak of $147 a barrel when consumers began to seriously drop out of the market and inventories were drawn down. After the extreme downward correction, the crisis on the international capital markets led to dim expectations about economic growth for the rest of the year and 2009, and this also played a role. However, prices are expected to rebound again, reflecting the fundamental upward shift of oil prices from an average of about $70-80 a barrel to about $110-120 a barrel. This fundamental upward shift is due to a combination of so-called 'underground' and 'above ground' conditions. The 'underground' problems include the size, depth and geological complexities of new oil fields that are driving up the cost per barrel. These complex oil fields need to be taken into production, since 'above ground' problems limit International Oil Companies' (IOCs) ability to access the lower-cost oil in producing countries. The 'above ground' problems slow the pace of development of medium-cost oil in the largest producing countries in the Middle East and Russia. Despite the expectation of a continued demand for oil, oil exporting countries are concerned about the security of demand, and adapt their development plans accordingly. Moreover, with the increased prices of the last few years and the resulting increase in oil revenues, the management of the monetarised oil wealth has become a concern as well. The value of the dollar has been slipping and oil exporting countries tried to match this depreciation by increasing oil prices. China's rise as an important manufacturer in the world, with the accompanying

  12. Bell's risk management product suite meets unique needs of Canada's oil and gas sector

    Energy Technology Data Exchange (ETDEWEB)

    Anon.

    2007-01-15

    Oil and gas companies are becoming increasingly accountable for the safety and protection of workers. This article provided details of Bell's Risk Management Solution Suite, which was designed to meet the unique needs of the oil and gas sector. Working collaboratively with partners, Bell is now providing a range of applications, including Ekahau's Real Time Location System (RTLS) and the telephone-based Enhanced Contact Solutions (ECS). Both applications help to reduce the risk of both personal and organizational liability. The ECS application allows employees to quickly file a work plan with a defined schedule and timeline. If the employee is stranded or unable to make contact, the application will notify additional personnel. The hosted solution can work with any phone line communication device and is not reliant on an existing Bell customer relationship. The suite's RTLS technology operates within a wireless local area network (WLAN). Using specially designed location tags attached to employees and contractors, the RTLS can track personnel in real time across an entire facility to enhance site safety and security. The system can also be used to create geo-fences to prevent unwanted personnel from visiting higher security zones. The system is capable of tracking more than 10,000 objects, and can also complete approximately 600 location transactions per second. Once installed, the WLAN system enables employees to use laptops and mobile devices around the plant or work site, allowing remote workers to secure access to internal systems and data. It was concluded that the suite will allow oil and gas operators to practice excellent risk management through enhanced connectivity. 2 figs.

  13. Tourism revenue as a conservation tool for threatened birds in protected areas.

    Directory of Open Access Journals (Sweden)

    Rochelle Steven

    Full Text Available Many bird populations worldwide are at risk of extinction, and rely heavily on protected area networks for their continued conservation. Tourism to these areas contributes to conservation by generating revenue for management. Here we quantify the contribution of tourism revenue for bird species in the IUCN Red List, using a simple accounting method. Relevant data are available for 90 (16% of the 562 critically endangered and endangered species. Contributions of tourism to bird conservation are highest, 10-64%, in South America, Africa, and their neighbouring islands. Critically endangered bird species rely on tourism more heavily than endangered species (p<0.02. Many protected areas could also enhance their management budgets by promoting birdwatching tourism specifically.

  14. Tourism Revenue as a Conservation Tool for Threatened Birds in Protected Areas

    Science.gov (United States)

    Steven, Rochelle; Castley, J. Guy; Buckley, Ralf

    2013-01-01

    Many bird populations worldwide are at risk of extinction, and rely heavily on protected area networks for their continued conservation. Tourism to these areas contributes to conservation by generating revenue for management. Here we quantify the contribution of tourism revenue for bird species in the IUCN Red List, using a simple accounting method. Relevant data are available for 90 (16%) of the 562 critically endangered and endangered species. Contributions of tourism to bird conservation are highest, 10–64%, in South America, Africa, and their neighbouring islands. Critically endangered bird species rely on tourism more heavily than endangered species (p<0.02). Many protected areas could also enhance their management budgets by promoting birdwatching tourism specifically. PMID:23667498

  15. ADAPTIVE MANAGEMENT AND PLANNING MODELS FOR CULTURAL RESOURCES IN OIL & GAS FIELDS IN NEW MEXICO AND WYOMING

    Energy Technology Data Exchange (ETDEWEB)

    Peggy Robinson

    2004-07-01

    This report contains a summary of activities of Gnomon, Inc. and five subcontractors that have taken place during the first six months of 2004 (January 1, 2004-June 30, 2004) under the DOE-NETL cooperative agreement: ''Adaptive Management and Planning Models for Cultural Resources in Oil & Gas Fields in New Mexico and Wyoming'', DE-FC26-02NT15445. Although Gnomon and all five subcontractors completed tasks during these six months, most of the technical experimental work was conducted by the subcontractor, SRI Foundation (SRIF). SRIF created a sensitivity model for the Azotea Mesa area of southeastern New Mexico that rates areas as having a very good chance, a good chance, or a very poor chance of containing cultural resource sites. SRIF suggested that the results of the sensitivity model might influence possible changes in cultural resource management (CRM) practices in the Azote Mesa area of southeastern New Mexico.

  16. Searching for a manageable pollinator for Acerola orchards: the solitary oil-collecting bee Centris analis (Hymenoptera: Apidae: Centridini).

    Science.gov (United States)

    Oliveira, Reisla; Schlindwein, Clemens

    2009-02-01

    Acerola (Malpighia emarginata DC; Malpighiaceae) is an important fruit crop in Brazil. Among its pollinators, Centris (Heterocentris) analis (F.) stands out due to its abundance at flowers and prompt acceptance of trap-nests. For the first time, we propose the commercial use of Centris bees as orchard pollinators. To develop protocols for rearing and management of these bees, we analyzed trap-nest acceptance, brood-cell construction, and larval diet in Acerola orchards. Although Centris species, in general, use numerous pollen host plants, females of C. analis showed remarkable flower fidelity to Acerola for pollen supply when nesting in the orchard. Such fidelity was previously expected only for floral oil collection. The ease of acceptance of trap-nests by females of C. analis, their prolonged yearly activity period, multivoltine life history, and high pollinator efficiency characterize C. analis as an excellent potentially manageable pollinator in Acerola orchards.

  17. Conflict Approaches of Effective Project Manager in the Upstream Sector of Indonesian Oil & Gas Industry

    OpenAIRE

    Adhi Cahyono; Yanki Hartijasti

    2012-01-01

    Conflict can be functional or dysfunctional to the organization’s performance. This study focused on the relationship between conflict approaches implemented by the project manager based on project team member’s perception on the effectiveness of the project manager in managing project’s conflict. Questionnaires were modified from Barker et al. (1988) to measure conflict management approaches and outcomes of managing project conflict. Data were gathered from 57 respondents w...

  18. Implications of land and resource management planning for the oil and gas industry in B.C

    International Nuclear Information System (INIS)

    Thompson, D.; Mitchell, W.

    1998-01-01

    An overview of the land use planning work underway in British Columbia and its impact on the oil and gas industry was presented. The plans are to double the park and protected areas in the province. Historically, parks in the province were designated on the basis of advice from technical staff with a small amount of public consultation. Today, public debate about the establishment of new protected areas has made several significant several changes to the decision-making process in British Columbia. The result is a process that although complex, provides better understanding between industry, environmental interests and government. As an illustration of the effectiveness of this process, the issue of finding innovative solutions to resource development interests while respecting environmental values, such as the management objectives for the Muskwa Kechika Area in northeast British Columbia, and the opportunity for directional oil and gas drilling under selected new protected areas were discussed. Application of the process was also demonstrated in discussing the two sub-regional Land and Resource Management Plans (LRMP) in Fort Nelson and Fort St. John, which cover a remote wild area of almost fourteen and a half million hectares in the northeast corner of the province. The economy of the region is based on agriculture, natural gas exploration and development, forest products, and nature based tourism. The LRMP process allowed the government to consider and accept the concept of directional drilling under some new protected areas as long as there were no surface disturbances

  19. Meeting the challenge - solutions for managing oil sands tailings: report of the fine tailings fundamentals consortium 1989-1995

    International Nuclear Information System (INIS)

    1996-01-01

    The development and demonstration of effective alternatives for the management of fine tailings in the oil sands industry were discussed in a report describing the work of the Fine Tailings Fundamentals Consortium during the period from 1989 to 1995. The final report of the Consortium is a four-volume publication entitled 'Advances in Oil Sands Tailings Research' which is the state-of-the-art reference to key issues in the reclamation of fine tailings. Government regulations now make it the responsibility of industry to integrate the fine tailings into reclaimed landscapes, so that the final landscape is equal in productive capability to the pre-disturbed state. Impressive progress has been made in understanding the formation of fine tailings and in characterizing their properties, much of it through the work of this Consortium. Fundamental research on the clay particles within fine tailings provides a better understanding of how to manage them. Although there is no 'magic bullet', research has demonstrated that an integrated approach incorporating fine tailings with a variety of elements, uplands, lakes and wetlands, offer the best hope for an environmentally sound solution. figs

  20. Yemen - the next big player? [as an oil producer

    International Nuclear Information System (INIS)

    Roberts, J.

    1993-01-01

    1993 should be the year in which United Yemen finally starts to fulfil its potential as a significant oil producer. In recession for three years, the country desperately needs the revenues and has spared no effort in its attempt to provide the right financial climate within which international oil companies can operate. But the last three years, in terms of revenues from actual oil production, have been disastrous, with production from the much-touted Shabwa fields persistently deferred and with the overall climate for the oil industry clouded by a border dispute with Saudi Arabia that prompted at least one western major, BP, to suspend operations for a while. (author)