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Sample records for russian oil sector

  1. On the economics of the Russian oil sector

    International Nuclear Information System (INIS)

    Khartukov, E. M.

    1996-01-01

    The effects of political changes in the 1990s, particularly the hasty privatization of the oil industry, the all-out price liberalization and the radical transformation of the oil sector's taxation regime in Russia were examined. Details of the various tax regimes - excise duties on crude oil (introduced in 1992), contributions for mineral reserves replacement (1993), royalties on extracted and exported hydrocarbons (1992), investment fund deductions (1992, repealed in 1994), and the general tax on profits, introduced at 32 per cent in 1992, raised to 38 per cent in 1994,- were provided. As a result of this multitude of taxes, this core sector of Russia's economy has turned into the main tax-paying, but hardly profitable, business. It survives on marginal, and at times even negative, after-tax returns. According to official taxation data, in 1994 the after-tax profitability of the country's oil producing industry dropped to seven per cent, compared to 50 per cent enjoyed by Russian crude producers at the beginning of 1992. Downstream refinery margins have been equally low. Since the beginning of liberalization they have rarely exceeded five per cent and often dropped to one per cent. In an effort to save the industry, the government finally provided tax relief by removing export duties for Russian oil products effective December 1, 1995

  2. The Russian oil

    International Nuclear Information System (INIS)

    Rucker, Laurent

    2003-01-01

    This article proposes a brief discussion of various assessments of Russian oil reserves, of the evolutions of Russian oil production (Russia is the second world producer after Saudi Arabia), of the distribution of Russian oil exports among various regions, and of the decrease of Russian oil consumption between 1992 and 2002. It describes the evolution of the actor system as the oil sector has been largely privatised since 1992, and indicates the main companies which should control the Russia market on a medium term. It also discusses the obstacles for the development of Production Sharing Agreements (PSA) between these companies. It addresses the issue of modernisation of the oil transport system as its status and its condition are often an obstacle to oil export for Russian companies. The article finally discusses the price issue, the relationship between Russia and other OPEC countries, and the need for huge investments

  3. The prospects of the Russian Oil Sector in the context of the global financial crisis

    International Nuclear Information System (INIS)

    Belyi, A.V.

    2009-01-01

    This article examines the history of the Russian oil industry. It shows in articular its progress to become a competitive producer, capable of adapting itself to new situations. At the same time, it must be emphasized that Russian oil prospects are highly dependent on the oil pipeline network. Construction o new infrastructures may be postponed as a result of the global financial crisis. (author)

  4. Russia: Privatisation and co-venturing in the Russian oil sector

    International Nuclear Information System (INIS)

    Sanders, D.; Zverev, A.

    1993-01-01

    As foreign investment in the Russian oil industry is now being permitted for the first time, many international companies are experiencing difficult and unreceptive conditions. This article suggests that the Russian domestic oil industry must seek to restructure itself in an orderly fashion, so that foreign investors are treated on a rational, open and fair basis. However western oil companies will need, alongside these changes, to invest in existing operations or actively seek the participation of local partners if privatization and co-venturing are to be a success. (UK)

  5. The changing structure of the Russian oil and gas sector: the response of Western investors

    International Nuclear Information System (INIS)

    Lavers, B.A.

    1997-01-01

    The structure of the Russian oil and gas sector has changed dramatically in the last two years. The first step was the consolidation of the majority of Russia's upstream and downstream companies and associations into vertically integrated companies (VICs). The second step was the acquisition, initially through loans for shares schemes, of controlling interests in some of the larger VICs by major banks. This has resulted in the creation of extremely powerful industrial groupings and radically altered the strategy and management philosophy of the component production and refining associations. The VICs are gradually taking over the trading functions previously carried out by independent registered exporters and relationships are changing with the transportation monopoly, Transneft, which has itself devolved some of its powers to the Federal Energy Service. Gazprom is also changing and has recently been obliged to open its gas pipeline network to third party users. As the production sharing legislation slowly works its way through parliament, the industries' goals have undergone a subtle change; whereas, at inception, the primary objective was to create a legal and fiscal framework to encourage inward investment from western oil companies, latterly the main emphasis has been on encouraging domestic investment by improving the tax regime for selected components within the VICs. The growing strength of the VICs is steadily improving their prospects of raising direct equity and debt finance in the West. This, in turn, reduces the need and hence opportunities for major western operated new projects, except in fields with extreme technological and environmental challenges, where they may still be welcome. (Author)

  6. Big russian oil round

    International Nuclear Information System (INIS)

    Slovak, K.; Beer, G.

    2006-01-01

    The departure of Mikhail Khodorkovsky has brought an end to the idyllic times of supplies of Russian oil to the MOL-Slovnaft group. The group used to purchase oil directly from Yukos. But now brokers have again entered the Central European oil business. And their aim is to take control over all of the oil business. The Russians demonstrated the changed situation to Slovakia last autumn: you will either accept the new model, or there will be problems with oil deliveries. Consumers got the message. The main brokers of Russian oil in Central Europe are the Swiss companies Glencore and Fisotra. Little information is available regarding these commodity brokers. But the information available is sufficient to indicate that these are not small companies. Glencore undertakes 3% of all international oil trades. With an annual turnover of 72 billions USD, it was the biggest Swiss company by turnover in 2004. Fisotra also has an extensive product portfolio. It offers financial and commercial services and does not hide its good relations with Russian oil companies. Between 1994 and 1998, it managed their financial operations with major western companies such as BP, Cargill, Elf, Exxon, Shell, Total, and Mutsubishi and also with Glencore. Fisotra states that some of its clients achieved an annual turnover of 1.5 billions USD. At present, the Swiss brokers receive a fee of 1 to 1.5 USD per barrel. The Russian political elite must be aware of these brokerage services as the oil transport through the transit system is closely monitored by the state owned company Transneft. (authors)

  7. Russian oil policy under Putin in perspective

    International Nuclear Information System (INIS)

    Rossiaud, S.

    2009-01-01

    This article intends to explain and evaluate the interactions between the three developments which have structured the Russian oil industry since the beginning of V. Putin's second presidential term of office: the slowing down in production growth as well as the absolute decline of the latter observed in 2008, the reorganization of this industry marked by the increasing role of public oil companies and, finally, the adjustments made to the contractual arrangements surrounding the activities of the upstream oil sector. It has shown, on one hand, that the decline in current production is the result of the exhaustion of short term strategies by private Russian companies, and on the other hand, that the contract adjustments are insufficient to allow the Russian companies to adjust to more long term strategies. From this perspective, the increased role played by public oil companies can be analysed as an organisational response to this institutional dead-end. (author)

  8. Economics of Russian oil production

    International Nuclear Information System (INIS)

    Gubenko, I.

    1993-01-01

    The main technical indicators of oil production in Russia are presented from the year 1988, when the current decline in oil production started. In 1992, only 9 new oil deposits were put into production, and average well productivity dropped to 12.4 tonnes/d. The number of idle wells reached 31,934 as compared to 8,714 in 1988. The share of low productivity deposits in 1993 was 49.7%. In the first five months of 1993, the number of new wells put into operation failed to offset the shutdown of old wells. Although the number of workovers grew by 32%, this work was insufficient to stabilize oil production. The decline in production is due to the general state of economic stability and endless reorganizations in the economy, and to the lack of sufficient investment in the industry. Oil-producing enterprises have lacked funds due to systematic and growing indebtedness of buyers of crude. This overdue indebtedness reached 393 billion rubles by the beginning of 1993. Although domestic oil prices increased sharply in 1991-92, the volume of production in real terms has dropped by nearly a third. Oil is sold at different prices to different categories of buyers. Prices include expenses, profit from which a 32% profits tax is paid, excise taxes, and payments to a centralized price-regulation fund. From the industry point of view, certain reforms are necessary to reconstruct and develop the industry. These include ensuring payments to oil producers, gradual transfer of Russian prices to world levels, lowering taxes, and adoption and refinement of a law on oil. 1 fig., 7 tabs

  9. Approaches of Russian oil companies to optimal capital structure

    Science.gov (United States)

    Ishuk, T.; Ulyanova, O.; Savchitz, V.

    2015-11-01

    Oil companies play a vital role in Russian economy. Demand for hydrocarbon products will be increasing for the nearest decades simultaneously with the population growth and social needs. Change of raw-material orientation of Russian economy and the transition to the innovative way of the development do not exclude the development of oil industry in future. Moreover, society believes that this sector must bring the Russian economy on to the road of innovative development due to neo-industrialization. To achieve this, the government power as well as capital management of companies are required. To make their optimal capital structure, it is necessary to minimize the capital cost, decrease definite risks under existing limits, and maximize profitability. The capital structure analysis of Russian and foreign oil companies shows different approaches, reasons, as well as conditions and, consequently, equity capital and debt capital relationship and their cost, which demands the effective capital management strategy.

  10. World oil prices and domestic implications : a Russian perspective

    International Nuclear Information System (INIS)

    Khartukov, E.M.

    2001-01-01

    This paper presented an analysis of the impact of world oil prices on the future developments of Russia's oil sector and provided an international comparison of projected crude oil prices. The main factors that influence the price dynamics of the contemporary world oil market were described with reference to how these dynamics affect Russia's internal markets. World oil prices are determined by a mixture of politics and economics. The author suggested that Russian crude will not reach the desired parity with world oil prices. It was predicted that at the very best, by 2030, domestic crude oil sales will be 80 per cent of world-market proceeds. Russian refineries will enjoy cheaper feedstock. Regardless of future world price levels, the standstill in modernizing Russia's refining sector will further narrow the profit base, causing a massive run of Russian crude to more lucrative, external markets. It was emphasized that the survival of Russia's refining sector can only be guaranteed by radical upgrading of their outdated refineries. 4 refs., 2 tabs., 4 figs

  11. International participation in Russia's oil sector

    International Nuclear Information System (INIS)

    Vowinckel, G.

    1997-01-01

    The active role of the European Bank for Reconstruction and Development (EBRD) in the oil and gas sector of the former Soviet Union was discussed. The EBRD was formed in 1991 with a mandate to help Central and Eastern European countries, particularly countries of the former Soviet Union, to make a transition from the command economy to a market economy. To date, the EBRD has made 15 investments in oil and gas projects with total project costs of nearly $2 billion US. The first projects were joint venture projects with western oil companies. Some of these were the Chernogorskoye project in the Nizhnevortovsk oil region, the Polar Lights project in the Russian Timan-Pechora region, the KomiArctic Oil project in the Komi region of the Russian Federation, two Fracmaster projects and the Geoilbent project. The first years of the projects were difficult, due to the strains of trying to adapt to new challenges and changes. The fiscal regime has changed with time and new taxes have been added and others changed. Many of the legal issues with past projects have been solved. One area of concern with the joint ventures is the export of the produced oil to western markets to achieve international market prices. At present, the joint ventures export between 30 to 50 per cent of their production, but the the Russian Federation would like to increase its export capacity. Production Sharing Agreements (PSAs) have been found to be particularly suitable for the development of large oil fields such as the offshore Sakhalin Island project in the far east of the Russian Federation. Western companies such as Shell, Marathon, Mitsui and Mitsubishi are involved in the first of these developments. Azerbaijan and the Caspian Sea area are other regions outside the Russian Federation which have important potential for international participation in the development of oil fields. Efforts are being made to rehabilitate the fields and to partially rebuild existing pipelines and to construct new

  12. Russian oil workers seek employment abroad

    International Nuclear Information System (INIS)

    Anon.

    1992-01-01

    This paper reports that American oil workers discouraged by bleak employment opportunities in the U.S. petroleum industry face increasing competition abroad from Russians seeking a living wage. Moscow's Zagrantrud (Foreign Labor) firm believes millions of Russian skilled and unskilled workers in many occupations will try to find jobs in other countries. The Russian enterprise says it is selecting a group of construction workers to build a refinery in Columbia. Kuwait also wants Russian construction personnel. Russia is especially eager to find overseas work for petroleum industry workers who have lost their jobs in Viet Nam and Cuba. The number of specialists from the former U.S.S.R. in Cuba, many of them engaged in oil exploration and production or pipeline and refinery construction, has fallen from several thousand 2 years ago to 250 at present as Moscow's relations with Havana cooled

  13. Russian financial sector: adjustment and management

    Directory of Open Access Journals (Sweden)

    Vitaly J. Ozira

    2006-12-01

    Full Text Available This paper reviews general issues relate to Russian financial system and policies in the context of economies relying to a significan extent on market mechanisms to allocate resources. After a brief introduction describing the functions of the financial sector in a marke economy, the paper presents an inventory o the most common problems hindering the effective performance of the financial system as a development tool, and some policy guideline based on the analysis. The text aims a presenting a brief exposition of the basic principles that provide a conceptual framework to review the issues.Finance, like money, is not a realit which exists independently from the specific cultural, political and legal features of a given society. The reason is that finance is ai institution, which organizes relevant modes o interaction among various groups or individual economic units claims on the social resources, the functions fulfilled by the financial sector need not be the universal.The views expressed in the paper are the author's own responsibility and should not be interpreted as presenting the official position paper on financial sector management.El presente artículo examina problemas generales concernientes al sector financiero de Rusia a la luz del sistema económico apoyado en los mecanismos de mercado de la distribución de los recursos. Después de la introducción que describe las funciones de dicho sector en las condiciones de mercado, el artículo representa un cuadro típico de problemas que frenan el funcionamiento eficaz del sistema financiero como instrumento de desarrollo. Asimismo el autor ofrece recomendaciones prácticas basadas en el resultado del análisis llevado a cabo por él. El texto del artículo contiene los principios fundamentales que son, propiamente dicho, los marcos conceptuales del presente trabajo.Las finanzas, como es sabido, están estrechamente vinculadas a las peculiaridades jurídicas, políticas y culturales de

  14. Russian oil prices: courting the world market

    International Nuclear Information System (INIS)

    Khartukov, E.M.

    1995-01-01

    The export and oil pricing of Russian crude was discussed. Russian crude and oil product exports are not yet wholly competitive with world oil markets. It was suggested that to do so, would be neither desirable nor actually possible at present. The reason for this is related to Russia's export duties regime and Russia's trade with its neighbouring countries which include the former Soviet republics. In the first half of 1995, the average border price of crude destined for those countries was US$75.04/tonne as opposed to US$114.77/tonne for crude exported to 'far-abroad', hard-currency markets. A breakdown of Russia's export duties for liquid fuels and a typical breakdown of export and domestic prices for Russian oil was provided. Russian crude is considerably under-priced mainly because of the poor state of the national refining industry which is in need of radical modernization. It was suggested that instead of globalization, it would be more appropriate to redirect the priorities of Russian energy policy towards defining optimal use of Russia's available energy potential, and rationalizing its domestic price structure first, which is the root cause of the national price problem. 5 refs., 5 tabs., 2 figs

  15. Case study: The Transnationalization of Russian Oil and Gas Companies

    Directory of Open Access Journals (Sweden)

    Sergey Lavrov

    2017-03-01

    Full Text Available The value of multinational enterprises (MNEs as the main players in the global economy is constantly increasing. More and more companies from developing and transition economies are starting to do business beyond their national borders. Not all of them strictly belong to the category of MNEs, as is the case for Russia’s largest companies. This article analyzes the international activities of Russian MNEs. The authors study the place of MNEs in the modern world and examine the transformation of the concept of an MNE in the international practice. They identify the internationally accepted criteria that classify a company as an MNE. They analyze the international activities of the largest Russian companies in the oil and gas sector (Gazprom, Rosneft, Lukoil, Surgutneftegas, Novatek and their possible classification as MNEs. The article also assesses the influence of the economic and political sanctions on the international activities of Russian MNEs in the oil and gas sector. The methodological basis for the study is the dialectical method of investigating phenomena and processes in the modern world as the most effective way to achieve goals. The authors pay particular attention to the practical application of comparative economic analysis, classification and empirical generalization of original data. The authors came to seven conclusions. First, there is no single approach to defining the essence of MNEs. Second, the indicators that classify a company as an MNE can be divided into qualitative and quantitative criteria. Third, not all the large companies in Russia engaged in expanding into foreign markets can be classified as MNEs by the formal criteria. Fourth, most Russian MNEs have an unstable position in international ratings of MNEs, with the exception of Lukoil. Fifth, the main problems of Russian MNEs include the inefficiency of foreign assets, the lack of experience in managing international holdings and the longstanding crisis of the

  16. The restructuring of the Russian oil industry

    International Nuclear Information System (INIS)

    Price, J.

    1994-01-01

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

  17. Emergence of new Russian and foreign investors in the Russian oil and gas complex

    International Nuclear Information System (INIS)

    Arbatov, A.A.

    1996-01-01

    A critical analysis is presented of the factors influencing foreign investment in Russian oil and gas exploration and production. Greater stability in the Russian economy would help and unfortunately some elements of the Russian bureaucracy hinder quick decision making. Western investors could improve their position by concentrating on developments which are unlikely to be developed by Russian companies in the next decade. (author)

  18. Russian oil goes to market

    International Nuclear Information System (INIS)

    Kandelaki, T.L.; Tankayev, R.U.

    1997-01-01

    In 1996, Russia retained its place as the world's third largest producer of oil and gas condensate after Saudi Arabia and the USA. Data are provided on Russia's oil sales to its domestic market, to the former Soviet Union and to the rest of the world. These are accompanied by a commentary on Russia's world-wide market, refining in Russia, transportation costs of crude from the generally remote areas where it is produced and price ranges in the various market segments. (7 tables) (UK)

  19. Bioresource Sector of the Russian Far East

    Directory of Open Access Journals (Sweden)

    Natalia Evgenyevna Antonova

    2017-06-01

    Full Text Available The article studies the development of the Far Eastern bioresource sector in 2006–2015 and its components: fishing industry, forestry and agriculture. It is shown that renewable bioresources, which form the foundation of the bioresource sector, are now becoming the limiting factor of that sector’s further extensive development which necessitates a transition to new ways and technologies of extracting and processing resources. The article attempts to identify and estimate the bioresource sector’s contribution to the economy of the Far Eastern Federal District (FEFD as a statistical unit through aggregating main macroeconomic indicators (gross added value, monetary value of exports, investments, number of employed, and tax revenue of its three components. The conclusion is that during the studied period the bioresource sector’s contribution to the economy of the FEFD has decreased mainly due to the factors of tax revenues and gross added value. The sector’s importance as source of employment in remote areas had also declined. At the same time the bioresource sector continues to significantly contribute to exports, mainly thanks to the fishing industry and agriculture. It is shown that the dominant role in the bioresource sector belongs to the fishing industry which increased its contribution to the bioresource sector and showed the most stable development compared to other components. The article studies changes in institutional conditions in all three components, their influence on the development of investments of the bioresource sector

  20. Overturning to the oil sector

    International Nuclear Information System (INIS)

    Valenzuela, Luis Carlos

    1999-01-01

    In only 11 months, the Mines and Energy Sector, especially with concerning to oil politics and to Ecopetrol it has given a total overturn, not only new economic conditions settled down to attract investment in the sector, the politics advanced in the activation of the environmental licenses and the consultations with the community. As for Ecopetrol bottom changes were made that guarantee their passive of pensions, disabling this way a fiscal bomb and the countable system was changed that will make that Ecopetrol counts the raw as a capitalization on the part of the Colombians guaranteeing an appropriate return to the petroleum that is given in administration

  1. Russian Сonsumer Sector: Methodology of Evaluation

    Directory of Open Access Journals (Sweden)

    Gavriil Aleksandrovich Agarkov

    2015-12-01

    Full Text Available The article describes the methodology for estimating the Russia’s consumer sector and the effect of its application. The monitoring procedure of the Russian consumer sector groups indicators into two units: the unit of the estimation of consumer goods and the services market estimation unit. The estimation unit of consumer goods is composed of two modules: food products and non-food products. This module offers two components that provide an estimation of the consumer sector: marketing (estimates the accessibility of retail trade and services for end users and production (estimates the domestic manufacture. The results of the estimation show general improvements in the consumer sector in the period of 2000–2014, but overall development is evaluated as low. The analysis revealed that the financing is growing faster than the quality indices of development. As an example, the financing of agriculture has increased by 1.5 times over 15 years (against comparable prices from 2000, while agricultural production has not changed. Another most pressing challenge is the weak differentiation of the Russian economy, as evidenced by the low rates of non-food production (availability of non-foods of own production remains at a low level and averages 20 %. The results of the estimation suggest the need to reform the regulation of the sector primarily concerning priorities for its development and improvement of financial and economic mechanisms to achieve them.

  2. Factors affecting world and Russian domestic oil prices: the domestic implications - a Russian perspective

    International Nuclear Information System (INIS)

    Khartukov, E.M.

    2001-01-01

    This paper modestly aims at answering two formally related but unnecessarily interconnected questions about international and Russian domestic pricing of crude oil. The first of them is what, in our opinion, chiefly determines price dynamics of the contemporary world oil market. And the second one is in which way (if at all) world oil price dynamics affect Russia's internal market. (author)

  3. Today or not today: Deregulating the Russian gas sector

    International Nuclear Information System (INIS)

    Grigoryev, Yuli

    2007-01-01

    Although Russia is the world's biggest producer of natural gas, its ability to maintain timely and reliable supply to meet the growing global demand has come under question in recent months. The gas war with Ukraine notwithstanding, concern has been raised by a number of observers that underinvestment in the gas sector will lead to a systemic failure of the state monopolist OAO Gazprom to increase or even maintain current levels of production. Yet with a quarter of European gas coming from Russia, and with increasing presence of Gazprom in European downstream operations (such as Germany, Hungary, and other CIS states) as well as seemingly closer ties with Algeria, another major supplier of gas to Europe, there has been a strong reaction from Europe's policy-makers to decrease dependence on Russian gas. Deregulating and liberalising the gas sector would see the lifting of restrictions to foreign or independent investors wishing to gain access to Russian reserves, as well as the unhindered access to the pipeline infrastructure and export markets. It would also signal the unbundling of Gazprom and an end to the artificially low price of gas to the domestic consumer. This paper discusses whether deregulation is the optimal way to raise capital, attract investment and increase supply security for Russia's Western neighbours. In doing so, the paper identifies the objectives of the EU as the importer whilst trying to align them with the objectives of the Russian Federation as the exporter, in the current political context

  4. The near future prospects of Russian oil industry

    International Nuclear Information System (INIS)

    Lehtimaeki, H.

    1995-01-01

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

  5. Gazprom vs. other Russian gas producers: The evolution of the Russian gas sector

    International Nuclear Information System (INIS)

    Lunden, Lars Petter; Fjaertoft, Daniel; Overland, Indra; Prachakova, Alesia

    2013-01-01

    The non-Gazprom gas producers (NGPs) doubled their share of the Russian domestic gas market between 2000 and 2010 and have continued growing since then. For several years especially Novatek expanded. More recently, Rosneft has emerged as a key player, not least through its purchase of TNK-BP. This article begins with an overview of the companies in the Russian gas sector, their resource bases and capacities, and subsequently examines whether differences in field development costs and export market access may make it rational for Gazprom to continue ceding market share to the NGPs. With rising costs of Gazprom's queue of greenfield developments, any delays in Gazprom's investment program may be compensated through increased NGP production. The article argues that the NGPs are ready to fill the gap, may be allowed to do so and are already increasing their market share in an increasingly competitive market. The stage may now be set for a continued gradual transformation of the Russian gas market, in which the interests of Gazprom and the NGPs may be complementary or may be pitted against each other, but those of the Russian Federation are in any case likely to be better fulfilled than in the past. - Highlights: • Other Russian gas producers, especially Novatek and Rosneft, are taking market shares from Gazprom. • Gazprom has a monopoly on exports and has had a de facto monopoly on the domestic pipeline grid through its control over trunk pipelines. • Gazprom's greenfield projects are more expensive than those of other producers. • Gazprom's loss of market shares to other producers in the domestic market may actually be in Gazprom's interest

  6. Sector specific features of innovative development in the Russian economy

    Directory of Open Access Journals (Sweden)

    Krasyuk I.A.

    2017-01-01

    Full Text Available The present-day development of the Russian Federation is mostly shaped by the innovative development capacity of the national economy. Industry forms the core of such development. The paper presents the study of the current state of the innovative development in industry being the source of the basic innovations, as well as identifies the limitation factors. The authors have found out that low innovative activity of the industrial enterprises holds back the implementation of innovations in the related sectors, for instance, trade. It has also been found out that the course of the innovative development in the field of trade is also shaped by the sector-specific factors, which should be considered to adjust the innovation policy of a trading enterprise.

  7. Analysis of the debt burden in Russian economy sectors

    Directory of Open Access Journals (Sweden)

    Svetlana Popova

    2017-12-01

    Full Text Available This paper provides an analysis of the debt burden of Russian companies and raises the issue of debt-level heterogeneity across economic sectors. To identify the causes of this heterogeneity, it estimates a regression model that includes both fundamental explanatory variables of companies and industry fixed effects. The results of the analysis demonstrate that standard variables, such as profitability, company size, asset turnover, and fixed-asset turnover ratio have a strong statistical significance. However, these do not fully explain the variation in the debt levels of companies in different sectors. According to model estimation, there are other industry specific factors that produce an imbalance between fundamental factors and companies’ debt levels. An understanding of the formation process and structure of debt burden in individual industries is extremely important for the financial stability of companies and for an effective monetary policy.

  8. Market entry mode and competency building of Western oil companies in the Russian up stream oil and gas industry

    Science.gov (United States)

    Stephenson, Paul M.

    This dissertation investigated the market entry and competency building strategies within the context of the Russian oil and gas industry. The study was designed to be of interest to business practitioners and academics given the growing importance of fossil fuel in the energy balance of the global economy and the importance of Russia as a supplier and purchaser in the international market. The study's mixed methodology provides an understanding on the environmental factors that are postulated to impact foreign direct investment flow into Russia and the oil and gas sector. A case study of a fictitiously named Western-Russo oil company was conducted to provide a deep understanding of how capability is viewed by Russian and Western employees and the factors that influences the implementation of a successful competency development program. The case was centered on the development of a Well-Site supervisor group within a Western-Russian oil company. Findings of the study showed that there was no correlation between corruption and foreign direct investment inflow into the Russian economy. The findings also showed that both Russian and Western employees in the oil and gas industry are less focused on nontechnical competency development issues, that Western employees are more orientated towards the bottom-line than Russian employees, and that both groups see operational management as a core competency. In the area of financial management and technology application, there were significant differences in the viewpoint of both groups. Western employees saw a stronger need for financial management and less need for technology application when compared to their Russian counterparts. The results have implications for Western business contemplating entering the Russian oil and gas industry. Western firms need to understand the key drivers that will help them overcome the social and cultural barriers between Western and Russian employees. The role of the company leader is very

  9. Restructuring the Russian electricity sector: Re-creating California?

    International Nuclear Information System (INIS)

    Pittman, Russell

    2007-01-01

    The Russian Federation has begun restructuring its electricity sector, following the standard restructuring model of complete vertical separation of generation from transmission, with the aim of creating competition in regional generation markets. This paper examines the structure of the six principal regional generation markets that are in their early stages of development and argues that they are likely to be characterized by high levels of market power on the part of individual privatized generation companies, especially during the peak winter demand season. These levels-considerably higher than those that caused competitive problems in California-seem to create a serious risk of price spikes in deregulated wholesale electricity markets, and thus of significant price increases to consumers of electricity

  10. Russian crude-oil production and export still increasing

    International Nuclear Information System (INIS)

    Purho, P.

    2001-01-01

    Russian crude-oil production is still increasing. In 2000 the annual production 6.48 mb/d was about 6% higher than a year before. In 2001 the production is expected to rise near the level 7 mb/d, so the increase in production volume is fast. However, the production is still far away from the maximum level of the former Soviet Union, 12 mb/d. At the moment Russia is the second largest oil producer right after Saudi Arabia. The increase in production is based on intensified use of old oil fields caused by improved technology. The oil export of Russia far abroad in 2000 was 2.5 mb/d and near abroad into FSU countries only about 180 000 b/d. The recent export of crude-oil has been near the maximum export capacity corresponding to 2.7 mb/d. About 61 million tons of oil products were exported in 2000, and even the export of oil products is increasing. Most of this was gas oil and heavy fuel oil, but also the export of gasoline was significant. The export of oil and oil products is mainly based on shipments, but also the share of train transport is high. Nearly all the crude oil is transported west either by ships or via pipelines. The share of railway transport is only few percents. Russia will continue its own oil pumping policy despite of the appeals of OPEC for reduction of oil production. Opinion in Russia is that if the increase of production and export serves the interests of Russia, it will also be carried out. The target value for crude oil for 2002 is 22 USD per barrel. The Russian crude oil production is estimated to grow up to 7.4 - 8.4 mb/d by the year 2010

  11. The Russian opportunity and investments by international companies: the oil paradox

    International Nuclear Information System (INIS)

    Locatelli, C.

    2003-01-01

    The early days of 2003 saw Russia and its oil sector drawing the attention of international investors, as evidenced by the joint venture between BP and TNK, Exxon Mobil's plans regarding Yukos or Shell's. Some people saw in those agreements or plans the signs of a normalisation of the Russian economy, particularly in terms of property rights. The arresting of Mr Khodorkovsky, the chairman of Yukos put a sudden stop to such optimism and comes as a reminder of a few realities. Despite the progresses made, the economic and institutional environment of the country is still unstable, as shown by the questioning of the Production Sharing Agreement Act or the increasingly demanding access to oil resources. The BP TNK agreement is not a reproducible investment model. If there is some opening it will be on the terms set by the Russian government. (authors)

  12. Oil transformation sector modelling: price interactions

    International Nuclear Information System (INIS)

    Maurer, A.

    1992-01-01

    A global oil and oil product prices evolution model is proposed that covers the transformation sector incidence and the final user price establishment together with price interactions between gaseous and liquid hydrocarbons. High disparities among oil product prices in the various consumer zones (North America, Western Europe, Japan) are well described and compared with the low differences between oil supply prices in these zones. Final user price fluctuations are shown to be induced by transformation differences and competition; natural gas market is also modelled

  13. Oil dependency of the Russian economy: an econometric analysis

    OpenAIRE

    Benedictow, Andreas; Fjærtoft, Daniel; Løfsnæs, Ole

    2010-01-01

    Abstract: A macro econometric model of the Russian economy is developed, containing 13 estimated equations – covering major national account variables, government expenditures and revenues, interest rates, prices and the labour market. The model is tailored to analyze effects of changes in the oil price and economic policy variables. The model has good statistical properties and tracks history well over the estimation period, which runs from 1995Q1 to 2008Q1. Model simulations indicate tha...

  14. The Tributary Regime in the oil sector

    International Nuclear Information System (INIS)

    Carta Petrolera

    1998-01-01

    The tributary regime of the oil sector, is framed by the fiscal crisis that the country, maxim if one keeps in mind the importance of the fiscal revenues originated in the exploitation of these resources in Colombia, so much for the tribute coming from the foreign investment of the sector, like for the utilities generated by ECOPETROL and its impact in the public finances. However in front of this focus, the strategic importance of maintaining the investment in hydrocarbons and the paper that the fiscal politics and the tributary politics for the sector should play in the future and they constitute the government's key pieces

  15. EFFECTS OF SECTORAL ANTI-RUSSIAN SANCTIONS ON THE POSSIBILITY OF GEOLOGICAL EXPLORATION DRILLING IN THE ARCTIC SEAS

    Directory of Open Access Journals (Sweden)

    I. O. Sochneva

    2016-01-01

    Full Text Available This paper analyzes the past and current situation of geological exploration drilling on the Arctic region continental shelf. Along with climate conditions, the strategy of drilling is greatly infl uenced by technical accessibility of licensed sites, the latter depending on achieved level of equipment and technologies. Since 2014 the USA, the European Union countries and a number of other states have imposed sanctions against Russia. Sectoral sanctions, prohibiting access to technologies employed in the Arctic region shelf projects, have become an important part of these sanctions. This research is aimed at assessing the infl uence of sectoral anti-Russian sanctions on geological exploration drilling in the Arctic seas. The choice of geological exploration drilling is not accidental as the majority of Russian Arctic projects are at this particular stage now.Over the recent forty years, the country has accumulated considerable practical experience of conducting geological exploration drilling and the Arctic region field development. Our analysis demonstrates that modern Russia has necessary technologies for exploration and field development in the Arctic region. In fact, Russia is the only country, which actually continues its operations in the Arctic region amid a sharp decline of oil prices. Imposing sectoral sanctions related to equipment and technologies of developing the Russian Arctic shelf is inefficient.It is forecasted that in the coming decade, the continuing global warming process will make the majority of regions of the Barents Sea and the Kara Sea – where a number of large and gigantic fields have already been discovered – more accessible for conducting geological exploration drilling. It is possible to use here the traditional types of off shore drilling units with a low ice rate. This will totally eliminate any technical and technological problems of drilling. The USA are expected to enter the market of arctic hydrocarbons from

  16. The Russian oil industry re-structuration: towards the emergence of western type enterprises?

    Energy Technology Data Exchange (ETDEWEB)

    Locatelli, C

    1999-01-01

    The Russian oil industry has undergone fundamental changes since the collapse of the Soviet Empire and its bureaucratic administrative structure, dominated by its various Branch Ministries. The monopoly in the Soviet oil industry has now been replaced by a number of ''oil companies'', some of which are very powerful, the best known of them being Lukoil. These ''joint stock companies'' are the product of a reform aimed essentially at implanting, out of all the numerous organisational arrangements developed in the West, the model of the vertically integrated private firm. Beyond the legal reforms in the Russian oil industry sector, however, the nature of the organisational model that has actually emerged in Russia begs several questions. Many entities, which are complex and highly diversified, are involved in this industry. There are, of course, the many private structures in which the banks sometimes carry a considerable amount of weight. There are also some vertically integrated organisations, but the degree of integration is variable and their method of centralization is based on a specific form of economic logic. It should not be considered, however, that these actors are similar to capitalist-type private enterprises, whose behaviour is regulated by the demands of international competition. Reform of property rights has not been sufficient to create true private enterprise in Russia. (author)

  17. The Russian oil industry re-structuration: towards the emergence of western type enterprises?

    International Nuclear Information System (INIS)

    Locatelli, C.

    1999-01-01

    The Russian oil industry has undergone fundamental changes since the collapse of the Soviet Empire and its bureaucratic administrative structure, dominated by its various Branch Ministries. The monopoly in the Soviet oil industry has now been replaced by a number of ''oil companies'', some of which are very powerful, the best known of them being Lukoil. These ''joint stock companies'' are the product of a reform aimed essentially at implanting, out of all the numerous organisational arrangements developed in the West, the model of the vertically integrated private firm. Beyond the legal reforms in the Russian oil industry sector, however, the nature of the organisational model that has actually emerged in Russia begs several questions. Many entities, which are complex and highly diversified, are involved in this industry. There are, of course, the many private structures in which the banks sometimes carry a considerable amount of weight. There are also some vertically integrated organisations, but the degree of integration is variable and their method of centralization is based on a specific form of economic logic. It should not be considered, however, that these actors are similar to capitalist-type private enterprises, whose behaviour is regulated by the demands of international competition. Reform of property rights has not been sufficient to create true private enterprise in Russia. (author)

  18. Oil Prices and the Renewable Energy Sector

    OpenAIRE

    Kyritsis, Evangelos; Serletis, Apostolos

    2017-01-01

    Energy security, climate change, and growing energy demand issues are moving up on the global political agenda, and contribute to the rapid growth of the renewable energy sector. In this paper we investigate the effects of oil price shocks, and also of uncertainty about oil prices, on the stock returns of clean energy and technology companies. In doing so, we use monthly data that span the period from May 1983 to December 2016, and a bivariate structural VAR model that is modified to accommod...

  19. Industrial and institutional restructuring of the Russian electricity sector: Status and issues

    International Nuclear Information System (INIS)

    Engoian, Alda

    2006-01-01

    The reform of the Russian electricity industry represents one of the largest and most technically complex post-Soviet era industrial restructurings. This paper presents the framework, status, and perspectives for the Russian electricity sector liberalisation. Uncertainties regarding the effective implementation of the reform are specifically examined. Ultimately the critical analysis of the reform questions the feasibility and adequacy of the recommended measures in the specific Russian context. Current theories fail to answer a fundamental issue, namely how to promote investment in an obsolete electrical infrastructure and, more generally, whether a pure free market model is compatible with physical constraints posed by the electricity sector. A careless deregulation of the Russian electricity system could hinder the country's stable and sustainable development, as its economy and the population's service have traditionally been closely linked to the electricity industry

  20. Industrial and institutional restructuring of the Russian electricity sector: status and issues

    International Nuclear Information System (INIS)

    Engoian, A.

    2006-01-01

    The reform of the Russian electricity industry represents one of the largest and most technically complex post-Soviet era industrial restructurings. This paper presents the framework, status, and perspectives for the Russian electricity sector liberalisation. Uncertainties regarding the effective implementation of the reform are specifically examined. Ultimately the critical analysis of the reform questions the feasibility and adequacy of the recommended measures in the specific Russian context. Current theories fail to answer a fundamental issue, namely how to promote investment in an obsolete electrical infrastructure and, more generally, whether a pure free market model is compatible with physical constraints posed by the electricity sector. A careless deregulation of the Russian electricity system could hinder the country's stable and sustainable development, as its economy and the population's service have traditionally been closely linked to the electricity industry. (author)

  1. Dutch business opportunities in the Russian agrifood sector; Animal protein sector and Moscow Metropolitan fresh food chain

    NARCIS (Netherlands)

    Wijnands, J.H.M.; Valeeva, N.I.; Berkum, van S.

    2012-01-01

    This report studies the Russian animal protein sector and the Moscow Metropolitan Food Security. It aims at identifying the opportunities for Dutch business to do businesses through exports or via local investments. Public available government policies, papers and interviews with stakeholders are

  2. Re-regulation of the Russian electricity sector; Neuregulierung der russischen Elektrizitaetswirtschaft

    Energy Technology Data Exchange (ETDEWEB)

    Telke, Juergen [Kiel Univ. (Germany). Inst. fuer Osteuropaeisches Recht

    2011-04-15

    The Russian electricity sector is going through a phase of radical change. Time-honoured structures are being modernised through privatisation, unbundling and liberalisation, creating a number of interesting investment opportunities. However, prospective investors should take the specifics of the Russian market into account in order to gain a fuller picture of investment opportunities and risks in the areas of production, transmission, wholesale and retail trade.

  3. Russian Federation Financial Sector Assessment Program : Insurance Core Principles Assessment

    OpenAIRE

    World Bank; International Monetary Fund

    2016-01-01

    With about RUB 988bn (USD 26bn) in gross premium written, in 2014, the Russian insurance industry ranked 27th in the world. Non-life insurance premium accounted for 89 percent of GPW while life insurance for only 11 percent. In 2015, the industry also faced with the consequences of the Western economic sanctions which effectively closed access to the high quality Western reinsurance capaci...

  4. CORPORATE MODEL OF PUBLIC SECTOR OF THE RUSSIAN ECONOMY: TRENDS AND PATTERNS OF DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    Olga S. Makarenko

    2017-06-01

    Full Text Available The article reveals the issues of development and functioning of corporate model of public sector of the Russian economy. Today Russia is fully influenced by consequences of entry into world economy. Privatization processes, on the one hand, and increase in intervention of the state in economy, on the other hand, changed composition and structure of the public sector of the Russian economy. Establishment of large state corporations and further increase in scales and directions of Russian government’s policy. These corporations acquired an extensive set of functions, large volumes of state property (federal budgetary funds, different production and financial assets, which ensured their activity in the long run. The state corporations carry out an important role in ensuring stable development of national economic systems for already several years, smoothing the so-called “failures” of the market, and create the necessary conditions for overcoming the crisis phenomena. The author presents the classification of economic sectors consisting of public, municipal and private sectors, studies the character and structure of public sector of the developed foreign countries. The carried-out comparative characteristic of main national models of public sector allowed to reveal the extent of state’s influence on the economy in the North American, Western European and Asian countries, as well as to define the main features of public sector in these countries. The concept and essence of the state corporation, as well as trends of their creation and development are also studied. The author proposes the corporate model of public sector of the Russian economy and defines its main characteristics. The analysis of the conducted research allowed to draw a conclusion on the need of further development of the state corporations and large national companies with the state participation.

  5. Technological Changes as the Development Factor of the Global and Russian Energy Sector

    OpenAIRE

    Dudin, Mihail Nikolaevich; Lyasnikov, Nikolai Vasil’evich; Sekerin, Vladimir Dmitrievich; Gorokhova, Anna Evgen’evna; Danko, Tamara Petrovna; Bank, Olga Anatol’evna

    2017-01-01

    This article aims to study the real and hidden technological changes that will shape the strategic contours of the world energy civilization development, as well as the development of the Russian energy sector. The paper presents the following main conclusions: i) global energy development and nation states energy sector development are determined by a set of issues, foremost of which is innovation and technological aspect that determines the local and global changes that are likely to lead t...

  6. Challenges of attracting private capital investments in the Russian power sector

    Energy Technology Data Exchange (ETDEWEB)

    Kiss, Peter; Sagodi, Attila

    2010-09-15

    The level of investment required by the Russian power sector by 2020 are expected to be in the range of USD 500-550 billion. It is of vital importance that Russia outlines an appropriate regulatory regime for its energy market that attracts foreign investors and combats corruption. The most important challenges determining the long term development of the country's power sector are skills development, regulatory effectiveness, corporate governance, and assurance regarding private investments.

  7. The Appropriateness of Trade Liberalization in the Industrial Sector of the Russian Federation

    OpenAIRE

    Ilyasova, Tatiana

    2003-01-01

    This article seeks to investigate the appropriateness of implementation of trade liberalization in Russia by analyzing the current performance of the Russian industrial sector and evaluating its nominal and effective protection levels. The estimation of the effective level of protection is performed through the calculation of effective rates of protection for each industrial sector. Effective rates of protection are estimated with the simple Corden Method to examine the difference in protecti...

  8. The Evolution of the Russian Saving Bank Sector During the Transition Era

    NARCIS (Netherlands)

    M.A. Carree (Martin)

    2000-01-01

    textabstractFollowing the 1988 banking reform in Russia there was an enormous increase in the number of (registered) commercial banks. The Russian savings bank sector went through a period of shakeout after the August 1995 interbank crisis. Large banks were able to expand their market shares in the

  9. Telecommunication Sector of the Russian Economy: Transformation Into a Global Information and Telecommunication Infrastructure

    Directory of Open Access Journals (Sweden)

    Fokina Elena Anatolyevna

    2014-12-01

    Full Text Available The author concerns the current state and possible ways of telecommunication sector of the Russian economy development in the conditions of world economy globalization and suggests that the process of globalization reflects the current stage of telecommunication companies’ capital internationalization. The analysis of telecommunication sector shows that it is not only a perspective, highmargin and dynamically developing sector but is still one of the most integrated into the system of world economic relations. The stages of Russian telecommunication companies’ capital internationalization are determined, the internal connections between internationalization process and globalization are revealed. It is revealed that the new information and communication technologies development and expansion results in substantial increase in cooperation between economical entities and provides a sustainable long-term economical growth of telecommunication enterprises. The financial and operational data determining the effectiveness of telecommunication companies’ activity are presented. The analysis of tendencies promoting the extension of the market activity of Russian telecommunication companies at global information and telecommunication infrastructure shows that the main tendencies are the following ones: foreign capital inflow increase, capital integration and expansion of new services based on technologies convergence. The author reasonably concludes in recent times, the telecommunication sector of the Russian economy formation and development is determined by the existing global trends.

  10. The Russian oil industry between public and private governance: obstacles to international oil companies' investment strategies

    International Nuclear Information System (INIS)

    Locatelli, Catherine

    2006-01-01

    The low level of involvement by international oil companies in Russia seems difficult to explain given what development of its resources and production has to offer. There are still many restrictions and contradictions, born of the particular institutional and political environment of the Russian oil industry at the end of 15 years of transition, that act as a bar to international integration. Three factors currently define the establishment of relations with foreign investors. First, because of the many different levels of negotiation with Russian companies, the State and the Regions, the decisions are based on complex relations between the various forces. Second, the reforms, and especially privatisation and the allocation of rights of ownership to deposits, are considered by sizeable sections of public opinion and many political classes to be illegitimate, thus making the issue of international investment and foreign presence still more complicated. Finally, the State's wish to take back the oil industry in order to use it to fulfil its economic and foreign policies is creating further uncertainty. These three elements seriously restrict the entry of international oil companies to the Russian market

  11. ABOUT THE SECTORAL AND TECHNOLOGICAL STRUCTURAL CHANGES NECESSARY FOR THE MODERNIZATION OF THE RUSSIAN ECONOMY

    Directory of Open Access Journals (Sweden)

    S. A. Akaeva

    2016-01-01

    Full Text Available This paper examines the effect of industry technological and structural changes on economic growth. It uses quantitative methods of structural changes evaluation by way of the Vatnik's proportionality constant as a means to analyze the dynamics of quality of sectoral and technological structures of the economies of Russia and several OECD countries. The comparative analysis shows that both the sectoral and technological structure of Russian economy is far from the optimal balanced structure of the OECD most developed countries' economies. It follows that Russian economy needs fundamental structural reform.Hence, the paper discusses the need for active industrial policy that can give impetus to the technological modernization of the Russian economy and facilitate its transition to the path of sustainable dynamic growth. The metallurgical, chemical and pharmaceutical industries are identified as priority sectors in industrial manufacturing. The paper analyzes condition and prospects of these industries and formulates medium-term goals of development and modernization, which can become reference points in the formation of a new sector-based industrial policy.

  12. Determinants of the Russian Banking Sector Development as the Drivers of Economic Growth

    Directory of Open Access Journals (Sweden)

    Natal’ya Stepanovna Voronova

    2016-09-01

    Full Text Available The paper substantiates the relationship between the situation in the national banking sector and Russia’s economy. Using the data provided by the Bank of Russia [8; 9; 10], Federal State Statistics Service [2], IBM SPSS Statistics software product, the authors have carried out a regression-correlation analysis of the main indicators of the Russian banking sector in 2005–2015 and GDP. It has been found that there is the strongest positive correlation between GDP and aggregate banking risks and also the profit of credit institutions; the correlation between GDP and aggregate financial result of the banking sector is weaker; the return on equity has no significant relationship with major indicators of banking activities, except for a moderate negative relationship with the aggregate value of regulatory capital; the return on equity in the Russian banking sector is affected adversely by subordinated debt in the structure of capital. In a stable economic situation (2005–2007, 2010–2013 the authors point out a correlation between capital and the profit of the banking sector; in a crisis situation (2008–2009, 2014–2015, there is a correlation between capital and the profit of profitable credit institutions alone. A positive correlation has been revealed between the proportion of profit of the reserve fund in the structure of capital and risks undertaken. Taking into consideration the correlations identified, the authors make a forecast model for aggregate profits of Russia’s banking sector

  13. Russian space meets western business practices: Understanding the law in the petroleum sector in Russia

    Directory of Open Access Journals (Sweden)

    Sander Goes

    2017-10-01

    Full Text Available This article discusses the relationship between the private international oil company (IOC Royal Dutch Shell and Russia as an oil producing and oil exporting state during a period when oil prices were moving towards unforeseen heights (2005-2007. By examining this dynamic relationship, this study aims to contribute to an understanding of Russia’s discursive and culturally produced history. The history of a state-oil company interaction has shown that the use of legal instruments is a good indicator to determine the nature of the relationship between oil-producing states and IOCs – a relationship that often has been characterized by periods of cooperation or conflict.At the centre of inquiry is how the oil major understands the law in Russia, and in particular the enforcement of the country’s formal written rules during legal conflicts over the development of the Sakhalin-II oil and gas fields (in which Shell until December 2006 controlled a majority stake. After identifying the violations of formal laws, I conclude that Shell understands that the formal rules of the game are subordinate to the unwritten laws of energy politics and in particular the informal demands of contemporary Russian society. The article also illustrates that oil-producing states have the upper hand in conflicts over the development of oil and gas resources.

  14. Global oil prices, macroeconomic fundamentals and China's commodity sector comovements

    International Nuclear Information System (INIS)

    Chen, Peng

    2015-01-01

    This paper investigates the common movements of commodity sectors in China as well as the economic underpinnings of the comovements. We employ a Bayesian dynamic latent factor model to disentangle the common and idiosyncratic sector-specific factors of the prices of a group of China's commodity sectors: petrochemicals, grains, energy, non-ferrous metals, oils & fats, and softs. The results indicate that the common factor accounts for a significant portion of the fluctuations of China's commodity sectors, providing evidence of the strong commodity sector comovements in China. We further use a VAR model to link the common movements across China's commodity sectors to the underlying determinants, including global oil price shocks and domestic macroeconomic fluctuations. We find that the global oil price shocks have strong effects on the common movements across commodity sectors in China in addition to its domestic macroeconomic fluctuations at long horizons. However, at short horizons, the common movements across commodity sectors in China respond more strongly to the global oil shocks than to its domestic macroeconomic fluctuations. - Highlights: • We examine the comovements of commodity prices at the industry level in China. • The common factor accounts for a significant portion of commodity sector fluctuations. • We investigate the joint impacts of global oil price shocks and domestic macro fluctuations on the comovements. • The global oil price shocks have persistent and strong effects on the comovements. • The impacts of domestic macro fluctuations on the comovements differ at short and long horizons.

  15. The impact of oil price on Malaysian sector indices

    Science.gov (United States)

    Ismail, Mohd Tahir; Luan, Yeap Pei; Ee, Ong Joo

    2015-12-01

    In this paper, vector error correction model (VECM) has been utilized to model the dynamic relationships between world crude oil price and the sector indices of Malaysia. The sector indices have been collected are covering the period Jan 1998 to Dec 2013. Surprisingly, our investigations show that oil price changes do not Granger-cause any of the sectors in all of Malaysia. However, sector indices of Food Producer and Utilities are found to be the cause of the changes in world crude oil prices. Furthermore, from the results of variance decomposition, very high percentage of shocks is explained by world crude oil price itself over the 12 months and small impact from other sector indices.

  16. Transport interests and environmental regimes. The Baltic Sea transit of Russian oil exports

    International Nuclear Information System (INIS)

    Knudsen, Olav F.

    2010-01-01

    In the environmentally exposed Baltic Sea, a prolonged confrontation has set the transport interests of Russian crude oil against environmental interests, promoted by Russia's neighbours. During the 1990s all the Baltic littoral states - including Russia - collaborated well on marine environmental issues. When Russian oil exports accelerated after 1999, this environmental understanding broke down. Russian interests shifted as its oil income suddenly rose drastically. The confrontation peaked over a proposal to make the entire Baltic Sea into a particularly sensitive sea area (PSSA) under the International Maritime Organization (IMO). The proposal was adopted by the IMO in spite of Russian objections. The article shows how environmental interests trump transport interests in a manner that may not be sustainable. The case illustrates the need for environmental collaboration to be flexible in the face of shifting constellations of competing interests. (author)

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

    International Nuclear Information System (INIS)

    Lin, Boqiang; Xie, Chunping

    2013-01-01

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

  18. Energy strategy and mitigation potential in energy sector of the Russian federation

    Energy Technology Data Exchange (ETDEWEB)

    Yakovlev, A.F.; Petrov, V.N.; Chupyatov, V.P.

    1996-12-31

    This paper describes the mitigation potential in the Russian energy sector and presents CO{sub 2} - emission scenarios. Based on the Russian energy strategy, energy conservation potential has been estimated and three groups of energy conservation measures have been pointed out. Taking into account the economic development scenarios and the scenarios of energy consumption and energy conservation, future CO{sub 2} emission scenarios for 2000 and 2010 have been prepared. Some important characteristics of these scenarios have been presented and discussed. For the period 2000-2010 annual growth rates for CO{sub 2} emission in the Russian energy sector will not exceed 0.9-1.3 %, and emission levels in 2000 make up - 75-78 %, and in 2010 - 81-88 % of the 1990 level. For the probable scenario the CO{sub 2} emission reducing will make up about 6% and 25% (for the optimistic scenario about 16% and 31%) of CO{sub 2} emission for reference scenario in 2000 and 2010 respectively. Additional CO{sub 2} emission reducing (3-5% of domestic CO{sub 2} emission) will result from increasing share of natural gas consumption.

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

    International Nuclear Information System (INIS)

    Garifullin, R.

    2001-09-01

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

  20. Refurbishment priorities at the Russian coal-fired power sector for cleaner energy production case studies

    Energy Technology Data Exchange (ETDEWEB)

    P. Grammelis; N. Koukouzas; G. Skodras; E. Kakaras; A. Tumanovsky; V. Kotler [Centre for Research and Technology Hellas/Institute of Solid Fuels Technology and Applications (CERTH/ISFTA), Ptolemaida (Greece)

    2006-11-15

    The paper reviews the current status of the coal-fired power sector in Russia, the prospects for renovation activities based on Clean Coal Technologies (CCT) and presents two case studies on potential refurbishment projects. Data were collected for 180 thermoelectric units with capacity higher than 100 MWe and the renovation needs of the power sector, among the retrofitting, repowering and reconstruction options, were estimated through a multi-criteria analysis. The most attractive system to renovate a power plant between the Supercritical Combustion (SC) and the Fluidized Bed Combustion (FBC) technologies was evaluated. The application of each of the aforementioned technologies at the Kashirskaya and Shaturskaya power plants was studied and their replication potential in the Russian coal-fired power plant park was examined. Nowadays, the installed capacity of coal-fired power plants in the Russian Federation is 29.3 GWe, while they account for about 19% of the total electricity generation in the area. The low efficiency and especially the advanced age are the determinant factors for renovation applications at the Russian units. Even in the more conservative modernization scenario, over 30% of the thermoelectric units have to be repowered or reconstructed. Concrete proposals about the profitable and reliable operation of two Russian thermoelectric units with minimized environmental effects were elaborated. A new unit of 315 MWe with supercritical steam parameters and reburning for NOx abatement is envisaged to upgrade Unit 1 of Kashirskaya power station, while new circulating fluidized bed (CFB) boilers of the same steam generation is the most promising renovation option for the boilers of Unit 1 in Shaturskaya power station. 11 refs., 15 figs., 7 tabs.

  1. Economic implications of oil crisis and transport sector in India

    Energy Technology Data Exchange (ETDEWEB)

    Pathak, M G

    1980-01-01

    Efforts towards fuel economy in the transport sector have heavily stressed engineering aspects of the automobile. Better roads and better traffic planning too, go a long way in conserving energy. The paper outlines the economic implementations of the hike in oil prices with reference to the transportation sector.

  2. Sector report: Malaysia. Upstream oil and gas industry

    International Nuclear Information System (INIS)

    1997-01-01

    This report is one of a series designed to introduce British exporters to the opportunities offered by the Malaysian market in oil and natural gas. The report includes Malaysia's oil and gas reserves, production, exploration, major profits upstream, production sharing contracts, pipeline construction, operators in production, service sector, and Petronas. (UK)

  3. Technical skill acquisition in the Tanzanian oil sector

    International Nuclear Information System (INIS)

    Mwandosya, M.J.

    1990-01-01

    The oil sector is strategic in any nation's endeavor for development. Disruption of oil supplies leads to a disruption in all sectors of the economy. In addition, by holding a prerogative over technical knowledge, the multinational oil companies have strengthened their influence. They have over time invested in research and development in exploration and refining, and have established a world-wide network of marketing systems. This paper provides a discussion of skill acquisition by indigenous people which is a discussion of the interface between the affiliates of these multinational companies, their corporate desires, and the efforts of emerging nations to control or at least monitor and regulate these affiliates

  4. Two decades of reforms. Appraisal of the financial reforms in the Russian public healthcare sector.

    Science.gov (United States)

    Gordeev, Vladimir S; Pavlova, Milena; Groot, Wim

    2011-10-01

    This paper reviews the empirical evidence on the outcomes of the financial reforms in the Russian public healthcare sector. A systematic literature review identified 37 relevant publications that presented empirical evidence on changes in quality, equity, efficiency and sustainability in public healthcare provision due to the Russian public healthcare financial reforms. Evidence suggests that there are substantial inter-regional inequalities across income groups both in terms of financing and access to public healthcare services. There are large efficiency differences between regions, along with inter-regional variations in payment and reimbursement mechanisms. Informal and quasi-formal payments deteriorate access to public healthcare services and undermine the overall financing sustainability. The public healthcare sector is still underfinanced, although the implementation of health insurance gave some premises for future increases of efficiency. Overall, the available empirical data are not sufficient for an evidence-based evaluation of the reforms. More studies on the quality, equity, efficiency and sustainability impact of the reforms are needed. Future reforms should focus on the implementation of cost-efficiency and cost-control mechanisms; provide incentives for better allocation and distribution of resources; tackle problems in equity in access and financing; implement a system of quality controls; and stimulate healthy competition between insurance companies. Copyright © 2010 Elsevier Ireland Ltd. All rights reserved.

  5. Rare metal granites in the structures of the Russian sector of Pacific ore belt

    Directory of Open Access Journals (Sweden)

    В. И. Алексеев

    2016-08-01

    Full Text Available Data are presented on the geology of areas of rare metal granites proliferation in the Russian sector of the Pacific Ore Belt that make one take a fresh look at the East Asian granitoid area to update its metallogeny. History is reviewed of studying rare metal granites of the Russian Far East. As a rule, these are found in the vicinity of major tungsten-stanniferous ore deposits, except much later than discovering the former, at the stages of their assessment and survey. Rare earth granites are usually missed by the geologists during the early stages of regional geological surveys due to their small size, weak eroding and external similarity with earlier granites. Using the examples of the Central Polousny, Badzhal and Kuyviveem-Pyrekakay regions the structural and geological conditions are characterized of localization of rare metal granites. Comparative analysis of geological situations made it possible to formulate the areal character of manifestation of rare metal granites; their confinedness to late Mesozoic orogenic arched uplifts of bogen structures above deep granitoid batholiths; positioning in the areas where longitudinal and transversal deep laying faults cross; gravitation to the environs of pre-Cambrian median masses. Similarity of structural-geological conditions for manifestation of the well-studied ore-containing granites serves to confirm the hypothesis on the joint stage of late Cretaceous rare metal magmatism in the Russian sector of the Pacific Ore Belt and the existence in the region of a magmatic super-province – the Far East belt of rare metal granites that includes the Novosibirsk-Chukotka, the Yana-Kolyma and the Sikhote-Alin rare metal – granite provinces.

  6. Technological advancements revitalize conventional oil sector

    International Nuclear Information System (INIS)

    Thomson, L.

    2000-01-01

    Maturing reserves in the Western Canada Sedimentary Basin is resulting in a gradual shift of focus from huge new discoveries and wildcat gushers to developing new technologies for exploration and enhanced recovery techniques of production, keeping costs down and reducing environmental impacts, as a means of keeping conventional oil plays a viable force in the oil and gas industry. The value in refocusing efforts towards technology development is given added weight by a recent announcement by the Petroleum Communication Foundation, which stated that in addition to the oil sands and offshore oil and gas developments, one of the country's largest undeveloped oil resource is the 70 per cent of discovered crude oil in western Canadian pools that cannot be recovered by current conventional production techniques. Therefore, development of new technologies to exploit these currently unrecoverable resources is a matter of high priority. To remain competitive, the new techniques must also lower the cost of recovering oil from these sources, given that the cost of oil production in Canada is already higher than that in most other competing countries

  7. 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.

  8. Oil and natural gas in the Russian Federation

    International Nuclear Information System (INIS)

    Riva, J.P. Jr.

    1996-01-01

    The paper describes the political and economic situation in the Russian Federation, now that the Communist system no longer rules Russia. To address the political risk associated with doing business in Russia, the US provides insurance coverage through the Overseas Private Investment Corporation (OPIC). This is a federally chartered program that insures new investments, if approved by the Russian government, and benefit the socio-economic development of the country. The paper then describes petroleum production and resource development in the Volga-Urals province, West Siberia, Komi province, East Siberia, and the Far East province. Joint ventures and the current status of production are described for major regions of each province

  9. Soviet Union oil sector outlook grows bleaker still

    International Nuclear Information System (INIS)

    Anon.

    1991-01-01

    This paper reports on the outlook for the U.S.S.R's oil sector which grows increasingly bleak and with it prospects for the Soviet economy. Plunging Soviet oil production and exports have analysts revising near term oil price outlooks, referring to the Soviet oil sector's self-destructing and Soviet oil production in a freefall. County NatWest, Washington, citing likely drops in Soviet oil production and exports (OGJ, Aug. 5, p. 16), has jumped its projected second half spot price for West Texas intermediate crude by about $2 to $22-23/bbl. Smith Barney, New York, forecasts WTI postings at $24-25/bbl this winter, largely because of seasonally strong world oil demand and the continued collapse in Soviet oil production. It estimates the call on oil from the Organization of Petroleum Exporting Countries at more than 25 million b/d in first quarter 1992. That would be the highest level of demand for OPEC oil since 1980, Smith Barney noted

  10. The evolution of the Russian oil governance structure: A neo-institutionalist interpretation

    International Nuclear Information System (INIS)

    Rossiaud, Sylvain

    2012-01-01

    This PhD dissertation deals with the evolution of the institutional and organizational framework of the Russian oil industry during the period 1992-2012. Its main objective is to characterize and reinterpret the increasing involvement of the national oil companies (NOCs), Rosneft and Gazpromneft, in the upstream activities observed since the middle of the 2000's. Until then, their levels of production had remained very low after the privatization program implemented at the beginning of the transition process. For achieving this objective, we rely on the New Institutional Economics (NIE) theoretical framework. This allows us to lead a comparative analysis of the different oil governance structures, i.e. the alternative modes of organizing the upstream activities. More it enables us to understand the way these different modes interact with the institutional environment of the countries in which they are implemented. We argue that the increasing involvement of the Russian NOCs can be characterized as a change from a liberal oil governance structure to a hybrid oil governance structure. We show that this organizational evolution must be interpreted as the feasible reform that can be implemented by the federal authorities for dealing with the incoherence between the liberal governance structure defined at the beginning of the transition process and the Russian institutional environment. From the beginning of the 1990's until the middle of the 2000's, this institutional incoherence relates to the fact that the Russian institutional environment prevents the effectiveness of oil contracts (licenses, production sharing agreements, tax) governing the transaction between the Russian state and the private oil companies. From the point of view of the federal authorities, two problems appear crucial: their difficulties for capturing the oil rent and the exploration crisis. After the implementation of the hybrid oil governance structure, Rosneft plays a role of complement to the

  11. China's oil market and refining sector

    International Nuclear Information System (INIS)

    Yamaguchi, N.D.; Fridley, D.G.

    2000-01-01

    The article assesses the future for China's oil industry as the country makes the transition from a command economy to an international market. China has one of the world's biggest oil industries and recent years have seen much growth in exploration and development, refining capacity and trade. China is more and more dependent on oil imports and is now a major international player; it has attracted much outside investment. Diagrams show (i) how coal dominates other sources of energy in China; (ii) crude production 1977-1998; (iii) how Middle East crudes now dominate Chinese crude imports; (iv) the growth of petroleum demand in China; (v) the Chinese demand for petroleum products; (vi) the growth in transport fuels; (vii) Chinese product imports: import ban targeted diesel; (viii) crude imports favoured over product imports and (ix) refinery capacity and throughput. The changes are expected to result in further integration into international markets, increased transparency and a healthier oil business

  12. Oil sector in Spain: Final adaptation

    International Nuclear Information System (INIS)

    Marin-Quemada, J.M.

    1992-01-01

    This paper analyzes organizational and marketing changes occurring in Spain's oil industry as a result of its conversion from a state run monopoly system to a free market system. The analysis uses statistical data to indicate national oil production, import and consumption trends and compares these with overall trends in the European Communities. An explanation of the way in which oil is marketed in Spain makes reference to data on Spain's refining capacity and pipeline network, deemed to be amongst the most complete and modern in Europe. Comments are also made on the efficacy of Spain's national energy policies which stress energy source diversification to lessen this country's heavy dependence on foreign supplied oil

  13. The Russian Oil Fund as a Tool of Stabilization and Sterilization

    OpenAIRE

    Vasily Astrov

    2007-01-01

    The favorable world oil price dynamics has resulted in mounting reserves in the Russian Oil Stabilization Fund (OSF). This has raised the issue of an adequate economic policy response. Initially, the OSF was set up to reduce the vulnerability of the budget to the oil price volatility and to sterilize the impact of oil-related foreign exchange infl ows on the money supply. Our fi ndings suggest that the OSF has been instrumental in achieving both goals: it has contributed to macroeconomic stab...

  14. Corporate Social Responsibility and the Oil Industry in the Russian Arctic

    NARCIS (Netherlands)

    Henry, Laura A.; Nysten-Haarala, Soili; Tulaeva, Svetlana; Tysyachnyuk, Maria

    2016-01-01

    Examining the oil and gas industry in the Russian Arctic, this article investigates the gap between corporate social responsibility (CSR) as articulated in corporate offices and implemented at the local level. In Russia, global CSR norms interact with weak formal institutions and the strong

  15. Women in Canada's oil and gas sector

    Energy Technology Data Exchange (ETDEWEB)

    Sherk, S. [AGRA Earth and Environmental Ltd., St. John' s, NF (Canada)

    2005-01-01

    This text presents a summary of the report: Women in Canada's Oil and Gas Sector, gathered for the Oil and Gas Sector Programme Pakistan (OGSP). The OGSP aims to strengthen Pakistan's capacity to manage its oil and gas resources more sustainably through policy advice, privatization assistance, appropriate regulatory mechanisms, technology transfer and specialized petroleum training. The OGSP promotes gender equity and women's participation in its project activities and within the petroleum industry in Pakistan and Canada. The purpose of this report was to identify current levels of female labour force participation in the Canadian petroleum sector, examine barriers to women's entry and promotion within the petroleum sector, and present strategies used by petroleum companies to promote the complete participation of their female employees. The report concluded that although women are not yet equally represented in Canada's petroleum industry, the industry is moving in the right direction. For example, there are more women in petroleum-related university programs, more associations dedicated to promoting women in science and engineering, organizational change within companies in support of the principles of diversity. While monitoring and overcoming barriers to women's participation should continue, these positive steps should be supported, in order to ensure that Canada's oil and gas sector benefits fully from the new approaches, ideas and alternative working styles that women bring to their work. 4 tabs.

  16. ERP System Implementation: An Oil and Gas Exploration Sector Perspective

    Science.gov (United States)

    Mishra, Alok; Mishra, Deepti

    Enterprise Resource Planning (ERP) systems provide integration and optimization of various business processes which leads to improved planning and decision quality, smoother coordination between business units resulting in higher efficiency, and quicker response time to customer demands and inquiries. This paper reports challenges, opportunities and outcome of ERP implementation in Oil & Gas exploration sector. This study will facilitate in understanding transition, constraints and implementation of ERP in this sector and also provide guidelines from lessons learned in this regard.

  17. Japan's oil market and refining sector

    International Nuclear Information System (INIS)

    Yamaguchi, N.D.

    2002-01-01

    The present economic situation in Japan is discussed. In particular, the focus is on fluctuations in oil product demand, imports of crude oil, and the refining industry. Throughout the 1990s, Japan was plagued by a volatile economy and the new millennium has shown no improvement. A prolonged recession means that the country now has little confidence in its leaders and its institutions, consumer confidence is low and asset values have deflated. Due to a low birth rate and long life expectancy, the population is aging and this means lower savings rates. The contrast between the present situation and the so-called economic miracle once enjoyed by the Japanese is hard to accept, but despite all this, the Japanese lifestyle and economy are to be envied

  18. The Russian oil industry and foreign investments: legal aspects and the problem of business risk

    International Nuclear Information System (INIS)

    Konoplyanik, A.A.

    1994-01-01

    Despite the considerable potential oil resources in Russia, oil production is currently falling to the extent where, if present trends continue, imports will be necessary in the next few years in order to meet domestic demand. Foreign investment could make an effective contribution to stabilizing the Russian oil industry. The large resource base, favourable production costs, highly skilled workers and the conversion potential of the former defence industries to oil and gas equipment, are considerable attractions for foreign investors. However, for the time being there are many obstacles and uncertainties for oil and gas investment. Among these are political instability, high taxation, export tariffs, the legal environment, bureaucratic difficulties over new project negotiation, and problems related to oil and gas transportation. Current legislative activities which may lead to a better investment environment are described. (UK)

  19. A neoinstitutionalist interpretation of the changes in the Russian oil model

    International Nuclear Information System (INIS)

    Locatelli, Catherine; Rossiaud, Sylvain

    2011-01-01

    This paper deals with the current change of the institutional and organizational framework of the Russian oil industry. Regarding this evolution, the main characteristic is the increasing involvement of national oil companies in the upstream activities. The point is to explain this reorganization by relying on the New Institutional Economics framework. These theoretical works highlight that institutional environment and governance structures complement each other. We argue that the current reorganization in an attempt to increase the coherence of the institutional arrangement governing the transaction between the Russian state and the private oil companies. - Highlights: → In this study, we analyse the evolution of the Russian oil model since the reform of the 1990s. → The aim of the present paper is to study reasons and consequences of renewed state control of Russia's oil industry, and the likelihood and manner of stabilization of the institutional framework in which operators are working. → One of the central hypotheses in this paper therefore is that NOCs are a substitute for weak and contested ownership rights. They are used by the State to protect its ownership rights.

  20. Marketing strategy for the BC oil and gas service sector

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2004-10-29

    The British Columbia (BC) oil and gas service sector is collaborating with the BC Ministry of Energy and Mines (MEM) to enhance the competitiveness of oil and gas service providers in Northeast BC. The MEM agreed to provide one-time funding to develop this marketing strategy for the oil and gas sector, particularly for small to medium-sized companies with limited resources. This document is also a resource tool for suppliers in the sector that have developed and are implementing their own marketing plans and wish to enhance elements of their own plans. The strategy also outlines the potential role of associations in Northeast BC that represent the service sector. It links their marketing activities with the activities of individual service providers. Local service providers (LSP) include companies in a wide range of businesses such as drilling support, transportation, health and safety services, and construction. Six issues that directly impact the competitiveness of LSPs were also presented along with recommendations for participants in the service sector, associations and individual companies. tabs., figs., 11 appendices.

  1. Marketing strategy for the BC oil and gas service sector

    International Nuclear Information System (INIS)

    2004-01-01

    The British Columbia (BC) oil and gas service sector is collaborating with the BC Ministry of Energy and Mines (MEM) to enhance the competitiveness of oil and gas service providers in Northeast BC. The MEM agreed to provide one-time funding to develop this marketing strategy for the oil and gas sector, particularly for small to medium-sized companies with limited resources. This document is also a resource tool for suppliers in the sector that have developed and are implementing their own marketing plans and wish to enhance elements of their own plans. The strategy also outlines the potential role of associations in Northeast BC that represent the service sector. It links their marketing activities with the activities of individual service providers. Local service providers (LSP) include companies in a wide range of businesses such as drilling support, transportation, health and safety services, and construction. Six issues that directly impact the competitiveness of LSPs were also presented along with recommendations for participants in the service sector, associations and individual companies. tabs., figs., 11 appendices

  2. Economic Multipliers and Sectoral Linkages: Ghana and the New Oil Sector

    Directory of Open Access Journals (Sweden)

    Dennis Nchor

    2016-01-01

    Full Text Available The study seeks to assess the structure of the economy of Ghana in terms of changes in the economic structure before and after the production of oil in commercial quantities. This is viewed with regards to economic multipliers, sectoral interdependence and trade concentration. The results show that changes occurred with regards to multipliers and sectoral interdependence. The output multipliers of most sectors have declined. The results also show that the agricultural sector experienced an initial decline in its growth while industry experienced an increase. The performance of the services sector was relatively stable for the period covered by the study. There is a decline in the level of trade concentration though on a whole the concentration index is still high. The study employed input-output modeling techniques and the data was obtained from the Ghana statistical service and the World Development Indicators.

  3. AN EMPIRICAL ANALYSIS OF RUSSIAN BANKING AND NON-FINANCIAL SECTORS' VULNERABILITY TO POSSIBLE EXTERNAL FINANCIAL SHOCK

    Directory of Open Access Journals (Sweden)

    Егор Николаевич Поляков

    2013-08-01

    Full Text Available The article explains to what extent currency mismatch in banking and non-financial sectors determine vulnerability of Russian economy with respect to possible external shock. The authors explain how Central Bank of Russia exchange rate policy depends on currency mismatches and to what extent currency mismatches determined the slowdown of Russian economy during the financial crisis. The article shows the dynamics of currency mismatch from 2004 to 2012 year. The authors offer the model of the relationship between capital flight and external debt of private sector. The authors present the results of stress test of Russian economy. The stress test implies external shock similar to external shock of the end of 2008. According to stress test as of end of 2012 both banking and private sectors are less vulnerable to possible external shock. Meanwhile authors made a conclusion that vulnerability of a private sector remains unacceptably high. The authors recommend 2 ways how to decelerate the currency mismatch of a private sector. DOI: http://dx.doi.org/10.12731/2218-7405-2013-6-8

  4. Kuwait. Oil and Gas sector report

    Energy Technology Data Exchange (ETDEWEB)

    Kieft, C.; Thasing, T. [Embassy of the Kingdom of the Netherlands in Kuwait, Ministry of Foreign Affairs, Safat (Kuwait)

    2011-04-15

    Kuwait is stepping up its efforts to position itself as one of the main transport and logistics hubs in the Gulf. Looking at the logistics performance index Kuwait is placed behind UAE and Bahrain but (far) ahead of Saudi Arabia, Qatar, Oman, Iraq and Iran. Besides, Kuwait is gaining ground, investing heavily in new infrastructure which is intended not only to meet the country's own needs but also the needs of the wider region.Kuwait has nearly 500 kilometres of coastline along the Persian (Arabian) Gulf and is strategically positioned at the mouth of the waterways to Iraq and Iran. This could give Kuwait the advantage to serve as one of the most important regional hubs for shipping and transportation in the Gulf region. This becomes especially true when a planned railway line connecting Kuwait with Saudi Arabia, Iraq, Iran and especially Turkey becomes in service. Information is presented on: government plans, existing port infrastructure in Kuwait, developments and opportunities in the existing ports, the oil ports and terminals, investment and business opportunities.

  5. Kuwait. Oil and Gas sector report

    International Nuclear Information System (INIS)

    Kieft, C.; Thasing, T.

    2011-04-01

    Kuwait is stepping up its efforts to position itself as one of the main transport and logistics hubs in the Gulf. Looking at the logistics performance index Kuwait is placed behind UAE and Bahrain but (far) ahead of Saudi Arabia, Qatar, Oman, Iraq and Iran. Besides, Kuwait is gaining ground, investing heavily in new infrastructure which is intended not only to meet the country's own needs but also the needs of the wider region.Kuwait has nearly 500 kilometres of coastline along the Persian (Arabian) Gulf and is strategically positioned at the mouth of the waterways to Iraq and Iran. This could give Kuwait the advantage to serve as one of the most important regional hubs for shipping and transportation in the Gulf region. This becomes especially true when a planned railway line connecting Kuwait with Saudi Arabia, Iraq, Iran and especially Turkey becomes in service. Information is presented on: government plans, existing port infrastructure in Kuwait, developments and opportunities in the existing ports, the oil ports and terminals, investment and business opportunities.

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

    International Nuclear Information System (INIS)

    Montenegro Santiago

    2001-01-01

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

  7. Russian Oil and Natural Gas: Strategic Culture and Security Implications of European Dependence

    National Research Council Canada - National Science Library

    Phillips, William M

    2007-01-01

    .... The third section investigates the importance of revenues that Russia receives from consumption of oil and natural gas exports to Europe on their Gross National Product and economic growth for the future. By understanding Russia's strategic culture and the interdependence of European demand and Russian supply, conclusions are made that determine the threat, risk, and circumstances that Russia will deny energy resources to European countries.

  8. Oil sector developments: Russia, Azerbaijan and Central Asia

    International Nuclear Information System (INIS)

    Ebel, R.E.

    1997-01-01

    The level of resource development in Russia, Azerbaijan and in the countries of Central Asia was discussed. The resources of crude oil and natural gas in the area are considered more than sufficient to support any reasonable expansion for the foreseeable future and this should mean higher exportable surpluses. The collapse of the Soviet Union resulted in the emergence of 15 sovereign and independent nations, collectively known as the Commonwealth of Independent States (CIS). The end of the cold war opened the CIS's oil sector to foreign investors. However, access to these markets has been blocked by the physical isolation of Azerbaijan and Central Asia. According to forecasters, by the year 2005, the annual oil production of the CIS shall reach 7.9 million barrels per day, approximately 11.3 per cent higher than in 1996. Natural gas production is expected to increase by about 30 per cent to 900 billion cubic meters per year. Western capital will be key to the future of resource development in Azerbaijan, Kazakhstan, and Turkmenistan. It was suggested that by 2010, the exportable oil from the Caspian Sea and Central Asia will represent 3 to 4 per cent of world oil supply. This projection emphasizes the fact that this new oil would be in addition to, and not in place of oil from the Persian Gulf. Some of the economic and political problems that have had a delaying effect on the development of pipelines through these regions were also reviewed

  9. Japan’s need for Russian oil and gas: A shift in energy flows to the Far East

    International Nuclear Information System (INIS)

    Motomura, Masumi

    2014-01-01

    This article examines the choices of Japan’s governmental institutions vis-à-vis Russian supplies of oil and gas. First, there is a perceived need to diversify the sources of crude oil in order to avoid too much reliance on the Middle East. Following the inauguration of the Sakhalin oil projects and completion of the ESPO pipeline, Russian crude oil is nearing a 10% share in the Japanese market. It is suggested that Russian crude oil supplies have been chosen due to their proximity, safety and flexibility, and their positive effect on Japan’s bargaining power in relation to crude suppliers in the Middle East. Second, Japan’s shift from nuclear to LNG in power generation after the Fukushima accident in March 2011 increased LNG imports by 25% in just two years. While Qatar expanded its market share the most, Russia also gained, even though it only had one operational LNG project in Sakhalin-2. Russian companies are now working on several LNG projects in Northeast Asia and the Arctic region. However, the resumption of nuclear power in Japan might have a negative impact on new Russian LNG projects. - Highlights: • Russia’s oil export will gain a 10% share in Japan. • Russian companies are accelerating several LNG projects in NE Asia. • Japan’s exploration activity in East Siberia has reached the investment stage

  10. Development of the institutional framework of interaction with engineering UFD Russian oil and gas complex

    Directory of Open Access Journals (Sweden)

    S. Y. Yurpalov

    2005-03-01

    Full Text Available The trends developing in the Russian market of equipment for the oil and gas industry. The main reasons for the decline in production in the oil and gas engineering. The estimation of the negative trends of decrease in volumes of exploration works, the institutional environment of economic activity. The directions of cooperation of engineering enterprises of the Urals Federal District, serving the energy industry, with consumers. A set of measures to strengthen cooperation with Innovative Energy Engineering at the various levels of state regulation.

  11. Comparative Study and Critical Analysis of Sustainability Reporting in the Oil and Gas Sector

    OpenAIRE

    Thomas, Prakash M.

    2006-01-01

    Oil and Gas sector is one of the largest and major economic sectors globally. It is also one of the most critical in terms of being a basic driver for all other economic activities worldwide. In the recent times we have seen large scale volatility in Oil and Gas prices and a surge in huge profits for Oil and Gas sector companies. Oil and Gas sector is also one of the major sectors with tremendous impact on not just environmental factors but also on Social and Economic factors. All major Oil a...

  12. Report on the oil and gas sector in Ecuador

    International Nuclear Information System (INIS)

    1990-01-01

    After a brief introduction on the economic and political situation in Ecuador, the state of the country's oil and gas sector is reviewed. Before 1967, all oil came from wells along the Pacific coast, but with discoveries in the Amazon Basin, the opening of the trans-Ecuador pipeline, and creation of the state oil company CEPE (renamed Petroecuador in 1990) by the early 1970s, a boom in the industry occurred. Current proven reserves stand at 1.2-1.5 billion bbl of oil and 140 billion ft 3 of natural gas. Current production is generally around 300,000 bbl/d, mostly from the Petroecuador-Texaco consortium block in the Amazon Basin. Petroecuador now operates the main oil export pipeline and has subsidiaries responsible for exploration and production, refining, and the marketing of petroleum and its derivatives. In recent years Petroecuador has imported about $60 million worth of goods annually, offering a market opportunity for foreign companies supplying goods and services to the oil and gas industry. Market opportunities of interest to Canadian companies are outlined, local procedures for doing business are presented, and lists of Canadian and Ecuadorian contacts are provided. 3 figs., 5 tabs

  13. A review of the oil and gas sector in Kazakhstan

    Energy Technology Data Exchange (ETDEWEB)

    Kaiser, M.J.; Pulsipher, A.G. [Louisiana State University, Baton Rouge, LA (United States). Center for Energy Studies

    2007-02-15

    Kazakhstan is endowed with significant oil and gas resources and is expected to become one of the world's top 10 oil producers within the next decade. The high cost of doing business in the country, however, means that Kazakhstan will need to improve its institutional framework to successfully compete for Western investment. A large degree of risk and uncertainty continues to plague the oil and gas sector as the government makes significant changes to the petroleum tax legislation and takes an aggressive approach in ''rebalancing'' contractual arrangements with industry. High levels of bureaucracy, regulatory burden, and corruption persist, and economic factors appear to be subordinated increasingly to geopolitical objectives aimed to strengthen relationships with China and Russia. The rapid pace of change and the high degree of uncertainty present significant challenges and risk to foreign investment. The purpose of this paper is to review the oil and gas sector in Kazakhstan and highlight recent developments in the petroleum legislation, business climate and government policy. (author)

  14. A review of the oil and gas sector in Kazakhstan

    International Nuclear Information System (INIS)

    Kaiser, Mark J.; Pulsipher, Allan G.

    2007-01-01

    Kazakhstan is endowed with significant oil and gas resources and is expected to become one of the world's top 10 oil producers within the next decade. The high cost of doing business in the country, however, means that Kazakhstan will need to improve its institutional framework to successfully compete for Western investment. A large degree of risk and uncertainty continues to plague the oil and gas sector as the government makes significant changes to the petroleum tax legislation and takes an aggressive approach in 'rebalancing' contractual arrangements with industry. High levels of bureaucracy, regulatory burden, and corruption persist, and economic factors appear to be subordinated increasingly to geopolitical objectives aimed to strengthen relationships with China and Russia. The rapid pace of change and the high degree of uncertainty present significant challenges and risk to foreign investment. The purpose of this paper is to review the oil and gas sector in Kazakhstan and highlight recent developments in the petroleum legislation, business climate and government policy

  15. Key Directions of Sectoral and Spatial Changes in the Russian Industry

    Directory of Open Access Journals (Sweden)

    Chasovsky Vladimir

    2015-09-01

    Full Text Available This article considers major trends in the spatial and sectoral structure of national production and analyses the patterns of transformation of industrial systems into integrated industrial complexes, which show higher efficiency in transit condiétions. The author presents a new approach to studying the structural transformation of industrial systems during the transition of the national economy, which will make it possible to identify major trends in national production. The article seeks to draw attention to the methodology of developing and implementing industrial policy and devising an algorithm of effective transition of Russian industries in the modern conditions of international division of labor. The modernization and transnationalization of national production rests on a number of methods that make it possible for the corporate management to react rapidly to changes in the global market situation. These methods include strategic segmentation, analyzing the ability to adapt to the expected conditions, devising a company’s entrepreneurial strategy, and changes in the spatial and industrial structure of production. The transformation of national industry is associated with the introduction of mechanisms of industrial integration structures using single organizational production modules capable of rational combination and transformation of the elements of national production structure to create competitive transnational production associations, such as clusters and other production forms serving as ‘growth poles’ and becoming elements of the emerging framework for national production. This methodology makes it possible to develop new approaches, methods, and principles for analyzing the transformation of the national spatial and industrial system during economic transition. Current factors, features, patterns and trends in the transformation of national industrial systems are identified; a mechanism for devising and implementing a

  16. An empirically tractable model of optimal oil spills prevention in Russian sea harbours

    Energy Technology Data Exchange (ETDEWEB)

    Deissenberg, C. [CEFI-CNRS, Les Milles (France); Gurman, V.; Tsirlin, A. [RAS, Program Systems Inst., Pereslavl-Zalessky (Russian Federation); Ryumina, E. [Russian Academy of Sciences, Moscow (Russian Federation). Inst. of Economic Market Problems

    2001-07-01

    Based on previous theoretical work by Gottinger (1997, 1998), we propose a simple model of optimal monitoring of oil-related activities in harbour areas that is suitable for empirical estimation within the Russian-Ukrainian context, in spite of the poor availability of data in these countries. Specifically, the model indicates how to best allocate at the steady state a given monitoring budget between different monitoring activities. An approximate analytical solution to the optimization problem is derived, and a simple procedure for estimating the model on the basis of the actually available data is suggested. An application using data obtained for several harbours of the Black and Baltic Seas is given. It suggests that the current Russian monitoring practice could be much improved by better allocating the available monitoring resources. (Author)

  17. Ghana and the Oil Sector: Beyond the Resource Curse?

    International Nuclear Information System (INIS)

    Pellerin, Mathieu

    2015-09-01

    Four years after the Jubilee block went into production, we can make an initial assessment of the governance of Ghana's oil resources. In terms of its institutional structure, Ghana is seen as a model for the entire continent. This structure is certainly not an empty shell and serves as an effective regulator for this strategic sector and, singularly, for the use of oil revenues. Although this framework clearly has its limitations, as highlighted in this paper, the balance sheet is a positive one and there have been notable improvements since 2011. The relative success of this governance is a direct consequence of Ghana's political maturity. This is evidenced by the preeminent role played by Parliament and civil society in formulating, implementing, monitoring and continuously improving this framework for governance. Conditions seem to be reunited for Ghana to transform its oil potential into opportunities for success. However, this is not the case, and this is due to economic obstacles as much as a Ghanaian sense of disillusion concerning oil exploitation and the benefits thereof. (author)

  18. Refurbishment priorities at the Russian coal-fired power sector for cleaner energy production-Case studies

    International Nuclear Information System (INIS)

    Grammelis, P.; Koukouzas, N.; Skodras, G.; Kakaras, E.; Tumanovsky, A.; Kotler, V.

    2006-01-01

    The paper aims to present the current status of the coal-fired power sector in Russia, the prospects for renovation activities based on Clean Coal Technologies (CCT) and two case studies on potential refurbishment projects. Data were collected for 180 thermoelectric units with capacity higher than 100 MWe and the renovation needs of the power sector, among the retrofitting, repowering and reconstruction options, were estimated through a multi-criteria analysis. The most attractive system to renovate a power plant between the Supercritical Combustion (SC) and the Fluidized Bed Combustion (FBC) technologies was evaluated. The application of each of the aforementioned technologies at the Kashirskaya and Shaturskaya power plants was studied and their replication potential in the Russian coal-fired power plant park was examined. Nowadays, the installed capacity of coal-fired power plants in the Russian Federation is 29.3 GWe, while they account for about 19% of the total electricity generation in the area. The low efficiency and especially the advanced age are the determinant factors for renovation applications at the Russian units. Even in the more conservative modernization scenario, over 30% of the thermoelectric units have to be repowered or reconstructed. Concrete proposals about the profitable and reliable operation of two Russian thermoelectric units with minimized environmental effects were elaborated. A new unit of 315 MWe with supercritical steam parameters and reburning for NO x abatement is envisaged to upgrade Unit 1 of Kashirskaya power station, while new Circulating Fluidized Bed (CFB) boilers of the same steam generation is the most promising renovation option for the boilers of Unit 1 in Shaturskaya power station

  19. Refurbishment priorities at the Russian coal-fired power sector for cleaner energy production-Case studies

    Energy Technology Data Exchange (ETDEWEB)

    Grammelis, P. [Centre for Research and Technology Hellas/Institute of Solid Fuels Technology and Applications (CERTH/ISFTA), 4 km N.R. Ptolemaida-Kozani, P.O. Box 95, Ptolemaida 50200 (Greece) and Laboratory of Steam Boilers and Thermal Plants, Mechanical Engineering Department, National Technical University of Athens, Athens (Greece)]. E-mail: pgra@central.ntua.gr; Koukouzas, N. [Centre for Research and Technology Hellas/Institute of Solid Fuels Technology and Applications (CERTH/ISFTA), 4 km N.R. Ptolemaida-Kozani, P.O. Box 95, Ptolemaida 50200 (Greece); Skodras, G. [Centre for Research and Technology Hellas/Institute of Solid Fuels Technology and Applications (CERTH/ISFTA), 4 km N.R. Ptolemaida-Kozani, P.O. Box 95, Ptolemaida 50200 (Greece); Kakaras, E. [Centre for Research and Technology Hellas/Institute of Solid Fuels Technology and Applications (CERTH/ISFTA), 4 km N.R. Ptolemaida-Kozani, P.O. Box 95, Ptolemaida 50200 (Greece); Laboratory of Steam Boilers and Thermal Plants, Mechanical Engineering Department, National Technical University of Athens, Athens (Greece); Tumanovsky, A. [VTI All Russia Thermal Engineering Institute (Russian Federation); Kotler, V. [VTI All Russia Thermal Engineering Institute (Russian Federation)

    2006-11-15

    The paper aims to present the current status of the coal-fired power sector in Russia, the prospects for renovation activities based on Clean Coal Technologies (CCT) and two case studies on potential refurbishment projects. Data were collected for 180 thermoelectric units with capacity higher than 100 MWe and the renovation needs of the power sector, among the retrofitting, repowering and reconstruction options, were estimated through a multi-criteria analysis. The most attractive system to renovate a power plant between the Supercritical Combustion (SC) and the Fluidized Bed Combustion (FBC) technologies was evaluated. The application of each of the aforementioned technologies at the Kashirskaya and Shaturskaya power plants was studied and their replication potential in the Russian coal-fired power plant park was examined. Nowadays, the installed capacity of coal-fired power plants in the Russian Federation is 29.3 GWe, while they account for about 19% of the total electricity generation in the area. The low efficiency and especially the advanced age are the determinant factors for renovation applications at the Russian units. Even in the more conservative modernization scenario, over 30% of the thermoelectric units have to be repowered or reconstructed. Concrete proposals about the profitable and reliable operation of two Russian thermoelectric units with minimized environmental effects were elaborated. A new unit of 315 MWe with supercritical steam parameters and reburning for NO {sub x} abatement is envisaged to upgrade Unit 1 of Kashirskaya power station, while new Circulating Fluidized Bed (CFB) boilers of the same steam generation is the most promising renovation option for the boilers of Unit 1 in Shaturskaya power station.

  20. Size, Role and Performance in the Oil and Gas Sector

    Directory of Open Access Journals (Sweden)

    Robert L. Mansell

    2012-07-01

    Full Text Available The oil and gas sector is a key driver of the Canadian and Albertan economies. Directly and indirectly it typically accounts for roughly half of Alberta’s GDP, as well as one-third of the country’s business investment and a quarter of business profits — and rising global demand will only add to these figures. However, that energy sector is also a changeable place populated by companies of all shapes and sizes, from small Emerging Juniors to wellestablished Majors whose daily production capacities are hundreds or thousands of times greater. The sector’s assorted firms have different structures and ambitions, respond in distinct ways to market forces and have unique impacts on the economy. These differences in size, role and performance must be reflected in energy and related economic policies if they are to be effective in achieving policy goals. For example, they must recognize that the smallest firms are not always the fastest growers or the most innovative; that Intermediates are the most highly leveraged, with the highest debt-to-equity ratios; and that while Majors tend to have the lowest average cost per well drilled, they also (along with Emerging Juniors have the highest operating costs. Despite the industry’s critical importance, relatively little hard data has been made available concerning companies’ structure, behaviour and performance, based on size. This paper goes a considerable way toward filling that gap, bringing together comprehensive datasets on 340 public oil and gas firms to chart essential patterns and trends, so policymakers and industry watchers can better understand the complexity and functioning of this important sector.

  1. Sensitivity of stock market indices to oil prices: Evidence from manufacturing sub-sectors in Turkey

    Directory of Open Access Journals (Sweden)

    Eksi Halil Ibrahim

    2012-01-01

    Full Text Available Crude oil price is a critical cost factor for manufacturing industries that are of vital importance for economic growth. This study examines the relationship between crude oil prices and the indices of seven Turkish manufacturing sub-sectors over the period 1997:01-2009:12. The error correction model results reveal the long term causality from crude oil prices to chemical petroleum-plastic and basic metal sub-sectors indicating that these sub-sectors are highly sensitive to crude oil prices. We find no causal relationship for other sector indices for short or long time periods.

  2. Sector Modeling for the Prediction and Evaluation of Cretan olive oil

    NARCIS (Netherlands)

    Migdalas, A.; Baourakis, G.; Kalogeras, N.; Meriem, H.B.

    2004-01-01

    Greece is a major international olive oil producer. Olive oil varieties constitute the major crops for Greek farmers growing certain oriental olive oil varieties. Currently, the olive oil sector in Greece is undergoing substantial changes and the response of farmers and consumers to this will be a

  3. Potential of Russian Regions to Implement CO2-Enhanced Oil Recovery

    Directory of Open Access Journals (Sweden)

    Alexey Cherepovitsyn

    2018-06-01

    Full Text Available The paper assesses the techno-economic potential of Russia to implement carbon capture and storage technologies that imply the capture of anthropogenic CO2 and its injection into geologic reservoirs for long-term storage. The focus is on CO2 enhanced oil recovery projects that seem to be the most economically promising option of carbon capture and storage. The novelty of the work lies in the formulation of a potential assessment method of CO2 enhanced oil recovery, which allows for establishing a connection between energy production and oil extraction from the viewpoint of CO2 supply and demand. Using linear optimization, the most promising combinations of CO2 sources and sinks are identified and an economic evaluation of these projects is carried out. Based on this information, regions of Russia are ranked according to their prospects in regards to CO2 capture and enhanced oil recovery storage. The results indicate that Russia has a significant potential to utilize its power plants as CO2 sources for enhanced oil recovery projects. It has been estimated that 71 coal-fired power plants, and 185 of the gas-fired power plants of Russia annually produce 297.1 and 309.6 Mt of CO2 that can cover 553.4 Mt of the demand of 322 Russian oil fields. At the same time, the total CO2 storage capacity of the Russian fields is estimated at 7382.6 Mt, however, due to geological and technical factors, only 22.6% can be used for CO2-EOR projects. Of the 183 potential projects identified in the regional analysis phase, 99 were found to be cost-effective, with an average unit cost of € 19.07 per ton of CO2 and a payback period of 8.71 years. The most promising of the estimated regions is characterized by a well-developed energy industry, relatively low transportation costs, numerous large and medium-sized oil fields at the final stages of development, and favorable geological conditions that minimize the cost of injection. Geographically, they are located in the

  4. The Kashagan Field: A Test Case for Kazakhstan's Governance of Its Oil and Gas Sector

    International Nuclear Information System (INIS)

    Campaner, N.; Yenikeyeff, S.

    2008-01-01

    consortium and companies participating in the PSA; the extent of KazMunaiGaz participation in the project. - Domestic industrial factors - relationship between IOCs and the state-owned energy company, KazMunaiGaz, including its impact on the project. - Technological factors - the utilization of advanced technology in the project and prospects for transfer of technology; Kazakhstan's reliance on the technology held by IOCs. - Legal factors - the duration, structure and implications of the PSA itself; legal perspectives of the new government energy policy and its impact on the investment climate. - Domino effect and environmental grounds for PSA re-negotiation - the impact of the Russian government's policies towards PSAs on Kazakh government's behaviour. - Regional factors - the project's regional impacts and the Kazakh government's interest in these regions; the export options of these landlocked resources will also be analysed. - Geopolitical factors - the importance of the project within the context of the Kazakh government's geo-strategy and foreign policy. This study is therefore arranged into four main sections: - Kashagan overview: key facts and figures; - Kazakhstan's evolving energy strategy; - Kazakhstan's energy sector: politics and society; - Geopolitics of Kashagan. The first section presents the main characteristics of the giant Kashagan oil field and the consortium that has been developing it since 1997. Kashagan is crucial for the future oil and gas output of Kazakhstan, but represents one of the most complicated oil field developments to date. The second section examines the specifics of the existing Production Sharing Agreements and the key domestic legislative changes affecting Kazakhstan's oil and gas sector. This section will also assess the growing influence of the state in the domestic energy sector and the expanding power of the state-owned national oil and gas company, KazMunaiGaz. The main allegations of the Kazakh government made against the ENI

  5. Profile: Mistress of the mysteries of Russian oil and Faberge egg

    Energy Technology Data Exchange (ETDEWEB)

    Lorenz, A.

    2002-10-07

    A book, entitled 'The Russian oil economy', co-authored by Jennifer Considine and William A. Kerr, is reviewed. This singularly instructive book, based on Considine's doctoral dissertation and published by Edward Elger Publishing, Cheltenham, is intended as essential reading for anyone planning to invest in the Russian petroleum industry. The book is also an example of how will-power and discipline will overcome personal tragedy. It is based on a thorough study of how Russia's economy descended to its current decrepit state. The conclusion reached from that study is that the Russian petroleum industry has never been guided by market forces as they are understood in the West. Rather, the Russian industry has been shaped by historical forces and therefore cannot be approached from a market economy perspective. Accordingly, the reader is guided through the turbulent history of the Soviet era, focusing on economic policies affecting the petroleum industry, the forces that were brought to bear on the industry and that guided its development under each of the presidents and party chairmen, Stalin, Kruschev, Brezhnev, Yeltsin. The authors capture the ineptitude -- but also the drama and the fleeting moments of brilliance -- that characterize Russia's petroleum industry, and through painstaking analysis arrive at the conclusion that even today the Russian Federation is not a market economy, and may never become one. As a sideline to the main theme, but at the same time an integral part of the forces that shaped Considine's own personal development, runs the story of her difficult youth, the struggle to continue her studies while looking after her gravely ill mother and while trying also to be part of an investigation of the disappearance of a $3 million Faberge egg from her mother's home, allegedly stolen by a trusted friend. The mystery of the Faberge egg is still unresolved, but Considine completed her studies, the book has been

  6. Recent Developments in Russian agro-food sector and its further policies

    NARCIS (Netherlands)

    Koshelev, V.M.; Bezlepkina, I.V.; Bogdanovitch, G.V.

    2002-01-01

    Russian economy has experienced many changes since the economic reform started in the beginning of the 90-s. The price liberalisation launched in 1992 diminished the role of central planning in the allocation of inputs and outputs in favour of the role of market prices. The reform of the

  7. Recent hydrocarbon developments in Latin America: Key issues in the downstream oil sector

    International Nuclear Information System (INIS)

    Wu, K.; Pezeshki, S.

    1995-01-01

    This report discusses the following: (1) An overview of major issues in the downstream oil sector, including oil demand and product export availability, the changing product consumption pattern, and refineries being due for major investment; (2) Recent upstream developments in the oil and gas sector in Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Mexico, Peru, Trinidad and Tobago, and Venezuela; (3) Recent downstream developments in the oil and gas sector in Argentina, Chile, Colombia, Ecuador, Mexico, Peru, Cuba, and Venezuela; (4) Pipelines in Argentina, Bolivia, Brazil, Chile, and Mexico; and (5) Regional energy balance. 4 figs., 5 tabs

  8. Recent hydrocarbon developments in Latin America: Key issues in the downstream oil sector

    Energy Technology Data Exchange (ETDEWEB)

    Wu, K.; Pezeshki, S.

    1995-03-01

    This report discusses the following: (1) An overview of major issues in the downstream oil sector, including oil demand and product export availability, the changing product consumption pattern, and refineries being due for major investment; (2) Recent upstream developments in the oil and gas sector in Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Mexico, Peru, Trinidad and Tobago, and Venezuela; (3) Recent downstream developments in the oil and gas sector in Argentina, Chile, Colombia, Ecuador, Mexico, Peru, Cuba, and Venezuela; (4) Pipelines in Argentina, Bolivia, Brazil, Chile, and Mexico; and (5) Regional energy balance. 4 figs., 5 tabs.

  9. Multifractal detrended cross-correlations between crude oil market and Chinese ten sector stock markets

    Science.gov (United States)

    Yang, Liansheng; Zhu, Yingming; Wang, Yudong; Wang, Yiqi

    2016-11-01

    Based on the daily price data of spot prices of West Texas Intermediate (WTI) crude oil and ten CSI300 sector indices in China, we apply multifractal detrended cross-correlation analysis (MF-DCCA) method to investigate the cross-correlations between crude oil and Chinese sector stock markets. We find that the strength of multifractality between WTI crude oil and energy sector stock market is the highest, followed by the strength of multifractality between WTI crude oil and financial sector market, which reflects a close connection between energy and financial market. Then we do vector autoregression (VAR) analysis to capture the interdependencies among the multiple time series. By comparing the strength of multifractality for original data and residual errors of VAR model, we get a conclusion that vector auto-regression (VAR) model could not be used to describe the dynamics of the cross-correlations between WTI crude oil and the ten sector stock markets.

  10. Panorama 2016 - The revival of mergers and acquisitions in the oil and gas sector

    International Nuclear Information System (INIS)

    Fosse, Florian; Hache, Emmanuel; Portenart, Philomene

    2015-12-01

    The oil and gas sector remains fertile ground for mergers and acquisitions (M and A). This sector represented between 5% and 15% of total transactions from 2008 to 2014. Since 2008, M and A transactions in the sector have been dominated by a triad made up of a region (North America), a business segment (upstream oil and gas) and a type of key player (independent operators). (authors)

  11. Oil price shocks: Sectoral and dynamic adjustments in a small-open developed and oil-exporting economy

    International Nuclear Information System (INIS)

    Dissou, Yazid

    2010-01-01

    The recent uptrend in oil prices represents both an opportunity and a challenge for small-open developed and oil-exporting countries. Using Canada as a study case and in contrast to most studies that use aggregate models, this paper employs a multi-sector, intertemporal general equilibrium model to provide perspectives on the sectoral, aggregate and dynamic adjustments of a sustained increase in oil prices. It highlights the transmission channels through which the rise in oil prices affects the domestic economy. The simulation results suggest that the shock would have positive aggregate impacts, but would also spur the reallocation of resources and would therefore induce disparities in sectoral adjustments. The suggested contraction in some industries could not however be attributed to a pure Dutch disease phenomenon because of, among other factors, the cost-push effect induced by the increase in oil prices.

  12. INFLUENCE OF SUPPLY AND DEMAND FACTORS AT THE DEVELOPMENT OF ENVIRONMENTALLY RESPONSIBLE HOUSING AND UTILITIES SECTOR IN THE RUSSIAN FEDERATION

    Directory of Open Access Journals (Sweden)

    Natalia B. Safronova

    2016-11-01

    Full Text Available Empirical marketing regional research on supply and demand factors of housing and communal services (HCS revealed determinants of customer loyalty and satisfaction with the service level and factors influencing on willingness to purchase additional services. Specific features of housing and utilities sector (HUS as a social significant industry determine requirements to models reflecting reciprocal influence of indices of satisfaction, loyalty and economic indices of operation. The article presents definition of requirements along with development of techniques for modeling influence of satisfaction and loyalty on consumer behaviour of clients. The authors demonstrate trustworthy statistical results of correlative interrelationship of different factors. There have been designed regression models for taking management solutions by executives of management company housing and communal services at the development environmental responsibility. The causes that lead and hamper development of socially oriented services in different regions of the Russian Federation have been identified.

  13. The Stress-Strain State of Recent Structures in the Northeastern Sector of the Russian Arctic Region

    Science.gov (United States)

    Imaeva, L. P.; Imaev, V. S.; Mel'nikova, V. I.

    2018-03-01

    Complex research to determine the stress-strain state of the Earth's crust and the types of seismotectonic destruction for the northeastern sector of the Russian Arctic was conducted. The principles of regional ranking of neotectonic structures were developed according to the activity of geodynamic processes, and argumentation for their class differentiation is presented. The structural-tectonic position, the parameters of the deep structure, the system of active faults, and the tectonic stress fields, calculated on the basis of both tectonophysical analysis of discontinuous and folded late Cenozoic deformations and seismological data, were analyzed. This complex of investigations made it possible to determine the directions of the main axes of deformations of the stress-strain state of the Earth's crust and to reveal the regularity in the change of tectonic regimes.

  14. Russian energy prices, taxes and costs 1993

    International Nuclear Information System (INIS)

    1994-01-01

    The Russian energy industry may be the country's most promising exporter, but it is struggling to free itself from the heavy regulation and economic distortions inherited from the Soviet era. This analysis examines Russian price and tax policies as well as production costs in 1993, and their effect on supply and demand in the oil, coal, gas and electricity sectors. The study underscores the broad consensus among both Western and Russian experts that primary energy prices should be lifted to world levels. It offers a framework for addressing the great question about how fast this should be done in a country undergoing a tremendous social and political transformation

  15. The efficiency improvement potential for coal, oil and electricity in China's manufacturing sectors

    International Nuclear Information System (INIS)

    Li, Ke; Lin, Boqiang

    2015-01-01

    This paper introduces an improved total-factor ESTR (energy-saving target ratio) index, which combines the sequence technique and the “energy direction” to a DEA (data envelopment analysis) model, in order to measure the possible energy saving potential of a manufacturing sector. Afterward, the energy saving potentials of four different energy carriers, namely coal, gasoline, diesel oil and electricity, for 27 manufacturing sectors during the period of 1998–2011 in China are calculated. The results and its policy implications are as follows: (1) the average ESTRs of coal, gasoline, diesel oil and electricity are 1.714%, 49.939%, 24.465% and 3.487% respectively. Hence, energy saving of manufacturing sectors should put more emphasis on gasoline and diesel oil. (2) The key sectors for gasoline saving is the energy-intensive sectors, while the key sectors for diesel oil saving is the equipment manufacturing sectors. (3) The manufacture of raw chemical materials and chemical products sector not only consumes a large amount of oil, but also has a low efficiency of oil usage. Therefore, it is the key sector for oil saving. (4) Manufacture of tobacco and manufacture of communication equipment, computers and other electronic equipment are the benchmark for the four major energy carriers of energy-saving ratios. - Highlights: • An improved total-factor energy-saving target ratio is proposed. • Energy saving potentials of energy carriers for sectors in 1998–2011 are calculated. • Policy implications for energy savings in sectors and energy carriers are discussed. • Some suggestions for the energy policies of China's economy are discussed

  16. A system dynamic model for production and consumption policy in Iran oil and gas sector

    International Nuclear Information System (INIS)

    Kiani, Behdad; Ali Pourfakhraei, Mohammad

    2010-01-01

    A system dynamic model is presented, which considers the feedback between supply and demand and oil revenue of the existing system in Iran considering different sectors of the economy. Also the export of the oil surplus and the injection of the gas surplus into the oil reservoirs are seen in the model by establishing a balance between supply and demand. In this model the counter-effects and existing system feedbacks between supply and demand and oil revenue can be seen considering different sectors of the economy. As a result, the effects of oil and gas policies in different scenarios for different sectors of Iran's economy together with the counter-effects of energy consumption and oil revenue are examined. Three scenarios, which show the worst, base and ideal cases, are considered to find future trends of major variables such as seasonal gas consumption in power plants, seasonal injected gas in oil reservoirs, economic growth in the industrial sector, oil consumption in the transportation sector, industrial gas consumption and exported gas. For example, it is shown that the exported gas will reach between 500 and 620 million cubic-meter per day in different scenarios and export revenues can reach up to $500 billion by 2025. - Research Highlights: →A system dynamic model analyzing the feedback between supply, demand and oil revenue is built. →The export of the oil surplus and the injection of the gas surplus into oil reservoirs are modeled. →Effects of oil and gas policies in different scenarios are examined for Iran's economy. →Counter-effects of energy consumption and oil revenue are examined. →Exported gas will reach between 500 and 620 million cubic-meter per day in different scenarios. →Export revenues can reach up to $500 billion by 2025.

  17. Sectoral effects of a world oil-price shock: economy-wide linkages to the agricultural sector. Staff report

    International Nuclear Information System (INIS)

    Hanson, K.; Robinson, S.; Schluter, G.

    1991-10-01

    The effects of a world oil price shock on U.S. agriculture are analyzed in an economywide environment. The authors use an input-output model to analyze the direct and indirect cost linkages between energy and other sectors of the economy. Then, to allow sectoral output adjustment and the effects on the U.S. current account, they use the U.S. Department of Agriculture/Economic Research Service Computable General Equilibrium (CGE) model to analyze the sectoral effects under three different macro adjustment scenarios. The effects on agriculture are not limited to the direct and indirect energy costs. Exchange rate or foreign borrowing adjustments to higher oil import costs and government support programs for agriculture also matter

  18. The Alberta dilemma: optimal sharing of a water resource by an agricultural and an oil sector

    NARCIS (Netherlands)

    Gaudet, G.; Moreaux, M.; Withagen, C.A.A.M.

    2006-01-01

    We fully characterize the optimal time paths of production and water usage by an agricultural and an oil sector that share a limited water resource. We show that for any given water stock, if the oil stock is sufficiently large, it will become optimal to have a phase during which the agricultural

  19. Symmetric and asymmetric US sector return volatilities in presence of oil, financial and economic risks

    International Nuclear Information System (INIS)

    Hammoudeh, Shawkat; Yuan, Yuan; Chiang, Thomas; Nandha, Mohan

    2010-01-01

    This paper examines the impacts of world, country, and sector-specific variables on the stock return volatility of twenty-seven US sectors in the short- and long-run, accounting for the asymmetric shocks based on GARCH models. In the standard GARCH model the two world variables, oil and Morgan Stanley Capital Index (MSCI), have differing impacts on the US equity sector returns' volatility, with oil price dampening it while MSCI heightening it for most sectors. This result underlines the need for hedging more against world capital market risk relative to oil risk which is probably hedged by many sectors. The world and country factors' impacts are not as pervasive across the board, compared with the sector-specific impacts of the P/B ratio and trading volume which affect almost all sectors. Increases in the P/B ratio would reduce the aggregate volatility, while increases in the trading volume would heighten it for all sectors. Asymmetry of factor impacts on volatility is also found for most sectors. Most of the GARCH factor results are confirmed in the CGARCH model with the exception of the impact of interest rate on the short-lived transitory volatility. Finally, interesting econometric results on the inclusion or exclusion of trading volumes are discussed.

  20. EFFECTS OF OIL PRICE SHOCKS ON THE ECONOMIC SECTORS IN MALAYSIA

    Directory of Open Access Journals (Sweden)

    Mohd Shahidan Shaari

    2013-10-01

    Full Text Available This paper aims to examine the effects of oil price shocks on economic sectors in Malaysia. A unit root test was conducted, in which data were shown to be non-stationary in all levels, and stationary in the first difference for all variables. The co-integration model was applied, and the results indicated that one co-integrating equation exists, suggesting the long-term effects of oil prices on the agriculture, construction, manufacturing, and transportation sectors. Finally, Grange causality test was performed, and the results implied that in Malaysia, oil price shocks can affect agriculture, similar to Hanson et al. (2010. Oil price instability also influences the performance of the agriculture sector, contrary to the results of Alper and Torul (2009. In addition, the construction sector was found to be dependent on oil prices. Therefore, the current study has an important implication for the Malaysian government in formulating policies on oil prices. The Malaysian government needs to control the price to ensure that unstable price will not harm the agriculture, manufacturing, and construction sectors.

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

    International Nuclear Information System (INIS)

    Ciarreta, Aitor; Nasirov, Shahriyar

    2012-01-01

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

  2. Oil's role in free trade agreement crux of Mexico's petroleum sector dilemma

    International Nuclear Information System (INIS)

    Anon.

    1992-01-01

    Mexico's president Salinas' efforts at privatization have not yet touched Mexico's most valuable industry, oil. That remains under control of state owned Petroleos Mexicanos. Pemex and Mexico's huge oil union have come under increasing criticism for alleged abuses of power. In addition, controversy rages as to the true extent of Mexican oil resources and whether Pemex has the wherewithal to meet domestic demand and sustain oil exports. Critics also contend opening Mexico's oil sector to foreign participation would introduce new efficiencies and cost cutting measures in the cash strapped state oil industry. This paper reports that at the center of the controversy is the proposed Free Trade Agreement among Mexico, the U.S., and Canada, pushed strongly by Salinas. Oil's role in the FTA may prove the pact's main sticking point

  3. Can Venezuela's oil sector endure Chavez' ambitions any longer?

    International Nuclear Information System (INIS)

    Honkoop, J.

    2009-07-01

    The author describes the decline of Venezuela's oil industry as well as President Chavez' reaction to Venezuela's budgetary crisis. Politicization, falling investment and the obligation to take upon itself a plethora of social spending have left national oil company Petroleos de Venezuela, S.A. unable to produce efficiently and maintain production levels. Falling oil production and lower oil prices have in turn left president Hugo Chavez unable to spread the wealth to Venezuela's poor and he is searching desperately for ways to extract yet more from Venezuela's dysfunctional economy. As funds run out, Venezuela's expensive foreign policy, supporting regional allies, in particular Cuba, and seeking to export anywhere but the United States, proves overly expensive. Venezuela's impoverished masses, still supportive of Chavez during February's elections, may become less so as funds for social programmes run out. For Chavez it is a time for making choices... otherwise the people of Venezuela will choose for him. [nl

  4. 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)

  5. The New Oil Sector and the Dutch Disease: the Case of Ghana

    Directory of Open Access Journals (Sweden)

    Dennis Nchor

    2015-01-01

    Full Text Available This paper investigates the impact of the new oil sector on the economic performance of major traditional sectors of the Ghanaian economy. The discovery of resource booming sectors in most countries often comes with several opportunities as well as challenges. Ghana discovered oil in 2007 and started subsequent commercial production and export in 2010. The results from the study show that, there is no clear case of declining performance of sectors in terms of output, growth and export earnings as a result of the oil production. The study could also not establish a sustained appreciation in the real effective exchange rate since commercial oil production commenced which is an indicator of the presence of the Dutch Disease phenomenon. The real effective exchange rate was also found to be highly influenced by oil production, oil prices, total exports and remittances. The study applied an autoregressive distributed lag model due to differences in the level of integration of variables. The data was obtained from the Bank of Ghana, the Ministry of Finance in Ghana and the Energy Information Administration.

  6. Russian in Estonia's Public Sector: "Playing on the Borderline" between Official Policy and Real-Life Needs

    Science.gov (United States)

    Berezkina, Maimu

    2017-01-01

    This article examines the use of Russian in state communication in officially monolingual Estonia. Drawing on interviews with high-level public employees in four central state institutions and an analysis of these institutions' websites, the article shows that while Russian is not specifically mentioned in the laws, it is "de facto"…

  7. The oil and gas sector in the brazilian economy

    OpenAIRE

    Guilhoto, Joaquim J.M.; Ichihara, Silvio Massaru; Postali, Fernando Antonio Slaibe

    2007-01-01

    This paper presents the results of a research conducted to measure the importance of the oil and gas complex in the Brazilian economy and in its states, henceforth called O&G. Initially, the efforts were concentrated on the construction of an interregional input-output system for the 27 states of the Brazilian economy at the level of 42 industries, for the year of 2002. By using this system, it was possible to make an analysis of the role played by the oil and gas complex in the Brazi...

  8. The Kashagan Field: A Test Case for Kazakhstan's Governance of Its Oil and Gas Sector

    Energy Technology Data Exchange (ETDEWEB)

    Campaner, N.; Yenikeyeff, S.

    2008-07-01

    relative strength of the investment consortium and companies participating in the PSA; the extent of KazMunaiGaz participation in the project. - Domestic industrial factors - relationship between IOCs and the state-owned energy company, KazMunaiGaz, including its impact on the project. - Technological factors - the utilization of advanced technology in the project and prospects for transfer of technology; Kazakhstan's reliance on the technology held by IOCs. - Legal factors - the duration, structure and implications of the PSA itself; legal perspectives of the new government energy policy and its impact on the investment climate. - Domino effect and environmental grounds for PSA re-negotiation - the impact of the Russian government's policies towards PSAs on Kazakh government's behaviour. - Regional factors - the project's regional impacts and the Kazakh government's interest in these regions; the export options of these landlocked resources will also be analysed. - Geopolitical factors - the importance of the project within the context of the Kazakh government's geo-strategy and foreign policy. This study is therefore arranged into four main sections: - Kashagan overview: key facts and figures; - Kazakhstan's evolving energy strategy; - Kazakhstan's energy sector: politics and society; - Geopolitics of Kashagan. The first section presents the main characteristics of the giant Kashagan oil field and the consortium that has been developing it since 1997. Kashagan is crucial for the future oil and gas output of Kazakhstan, but represents one of the most complicated oil field developments to date. The second section examines the specifics of the existing Production Sharing Agreements and the key domestic legislative changes affecting Kazakhstan's oil and gas sector. This section will also assess the growing influence of the state in the domestic energy sector and the expanding power of the state-owned national oil and gas company

  9. Serbian gas sector in the spotlight of oil and gas agreement with Russia

    International Nuclear Information System (INIS)

    Brkic, Dejan

    2009-01-01

    The Russian natural gas industry is the world's largest producer and transporter of natural gas. This paper identifies the benefits for Serbia as transient country to European Union for Russian natural gas through South Stream gas-line in the current political context of implementation of gas agreement. On the other hand, according to the Agreement on Stabilization and Integration to European Union, Serbia is obligatory to implement reforms in energy sector and its energy policy must be in accordance with the European Union policy. Republic of Serbia has produced and consumed natural gas domestically since 1952, but has always been net importer. Strategy of Energy Development in Serbia and especially, National Action Plan for the gasification on the territory of Republic of Serbia dedicated special attention to gas economy development in respect with expected contribution in efficient energy use and environmental policy protection in the country.

  10. Applying a Virtual Economy Model in Mexico's Oil Sector

    International Nuclear Information System (INIS)

    Baker, G.

    1994-01-01

    The state of Mexico's oil industry, including the accomplishments of Pemex, Mexico's national oil company, was discussed, with particular reference to the progress made in the period of 1988-1994, and the outlook for innovations in the post-Salinas era. The concept of an evolutionary trend from a command economy (State as sole producer), towards market (State as regulator) or mixed economies (State as business partner) in developing countries, was introduced, placing Pemex within this evolutionary model as moving away from centralized control of oil production and distribution, while achieving international competitiveness. The concept of ''virtual market economy'' was also discussed. This model contains the legal basis of a command economy, while instituting modernization programs in order to stimulate market-economic conditions. This type of economy was considered particularly useful in this instance, sine it would allow Pemex units to operate within international performance and price benchmarks while maintaining state monopoly. Specific details of how Pemex could transform itself to a virtual market economy were outlined. It was recommended that Pemex experiment with the virtual mixed economy model; in essence, making the state a co-producer, co-transporter, and co-distributor of hydrocarbons. The effects of such a move would be to bring non-debt funding to oil and gas production, transmission, and associated industrial activities

  11. Planning Oil Prices In The World Market And Preventive Policies In Energy Sector Of Iran

    International Nuclear Information System (INIS)

    Raees Dana, Fariborz

    1999-01-01

    The planning of oil prices in the world can not be analyzed by means of the market-competition theory or the game theory. The current prices seem to be influenced greatly by large energy consuming industries of developed countries, oil producing corporations and cartels, and oil productions outside of OPEC. There is a lack of necessary long term policies and planning so that drastic changes in market prices can be avoided. The goal of this paper is to suggest new policies by means of discussing in following issues: 1.Initiating some form of a financial support for OPEC with the necessary follow up. 2. Utilization of oil income in sectors organized to have the least susceptibility against income loss and the lowest impact on other sectors. 3. Reducing of oil production level in the local and global framework and starting in industrialization process. 4. Replacement of oil with natural gas at a faster rate. 5. improving the oil industry infrastructure for lowering production costs and increasing variety in products in light of country economic policies and occupational strategies. 6. Imposing self-reliance on development of oil-production technology

  12. Estimation of the Impacts of Non-Oil Traditional and NonTraditional Export Sectors on Non-Oil Export of Azerbaijan

    Directory of Open Access Journals (Sweden)

    Nicat Hagverdiyev

    2016-12-01

    Full Text Available The significant share of oil sector of the Azerbaijan export portfolio necessitates promotion of non-oil exports. This study analyzes weather the commodities which contain the main share (more than 70% in non-oil export are traditional or non-traditional areas, using the so-called Commodity-specific cumulative export experience function, for the 1995-2015 time frame. Then, the impact of traditional and non-traditional exports on non-oil GDP investigated employing econometric model. The results of the study based on 16 non-oil commodities show that cotton, tobacco, and production of mechanic devices are traditional sectors in non-oil export. The estimation results of the model indicate that both, traditional and non-traditional non-oil export sectors have economically and statistically significant impact on non-oil GDP.

  13. Serbian oil sector: A new energy policy regulatory framework and development strategies

    International Nuclear Information System (INIS)

    Karovic Maricic, Vesna; Danilovic, Dusan; Lekovic, Branko

    2012-01-01

    Serbia has established a great part of new legislative and institutional framework as a basis for all energy sub-sectors' development in compliance with EU energy acquis. Main objectives of Serbian energy policy outlined in the new Energy Law are focused to increasing the energy supply security, energy efficiency, competitiveness of the energy market, use of renewable energy sources and environmental protection. Further steps of Serbia toward full EU membership concerning the new energy policy regulatory framework involve implementing and enforcing legislation. Besides considering the issue of Serbian energy policy and degree of its framework's alignment with the EU acquis, this paper provides an overview of new development strategies in the oil sector. The aim of Gazprom neft, a majority owner of the Petroleum industry of Serbia, is to increase crude oil production to 3 million tonnes, refining and sales volume of petroleum products to 5 million tonnes by 2020. Strategic development projects in crude oil and petroleum products transportation are: petroleum product pipeline construction in Serbia and Pan-European oil pipeline. The basic prerequisites for oil supply security, regarding the future high dependency of Serbian economy on imported oil, are establishment of the emergency oil stocks and diversification of supply sources. - Highlight: ► New energy policy regulatory framework significantly complied with EU acquis. ► Full EU membership requires implementing and enforcing new energy legislation. ► NIS-Gazpromneft has defined ambitious oil sector's development programmes to 2020. ► Supply security requires mandatory oil stocks and supply source diversification.

  14. Natural Zeolite Sample and Investigation Its Use in Oil Bleaching Sector

    Science.gov (United States)

    Bilgin, Oyku

    2017-12-01

    In the sector of oil bleaching, the stored raw oil is subjected to physical and chemical methods such as degumming, neutralization, bleaching, deodorization and winterization. In the process of oil bleaching, the selection of correct bleaching earth in accordance with oil characteristics matters so much. Bleaching earth is an inorganic product used in removing impurities being available within the structures of vegetable, animal oil (sunflower, soya, corn, palm, tallow, rapeseed, fish oils…etc.) and fatty acids, mineral oils (glycerine, paraffin, mineral motor oils. etc.) with the adsorption process. The factors such as low cost of oil bleaching earth, low ratio of oil retaining, high bleaching capacity in spite of using them in small amounts, filter’s delayed blocking by the earth and non-increase of the free acidity of the oil should be taken into consideration. Bleaching earths are processed with some acids in order to widen their surface areas. During this process, a certain amount of acid is left within oil bleaching earths even if it is very little. These acids also increase oil’s acidity by oxidizing oil in the course of bleaching process. In this study, zeolite sample taken from Manisa -Demirci region was used. Following the processes of crushing and sieving, zeolite sample was subjected to chemical analyses according to their grain thickness, microscopic examination, the analyses of XRD and cation exchange capacity and their ore characteristics were determined. Afterwards, it was searched whether zeolite sample has oil bleaching ability or not or whether it can be used as oil bleaching earth or not.

  15. Modeling the Construction Sector and Oil Prices toward the Growth of the Nigerian Economy: An Econometric Approach

    Directory of Open Access Journals (Sweden)

    Peter Uchenna Okoye

    2018-03-01

    Full Text Available This study empirically examined the interrelationship between the construction sector, oil prices, and the actual gross domestic product (GDP in Nigeria. Using annual economic data from the National Bureau of Statistics (NBS, the OPEC Annual Statistical Bulletin, and econometric statistics, we found that although very strong positive and significant correlations exist between the construction sector output and total GDP output (0.934, the construction sector output and oil prices (0.856, and the total GDP output and oil prices (0.822, these linear relationships only exist for a short time. However, these relationships do not result in any direct causal influence on each other, except for the uni-directional Granger causal relationship that flows from the total GDP output to the construction sector output, which implies that economic activities of other major non-oil sectors stimulate the construction activities in Nigeria. Thus, we argue that neither the construction sector nor the oil prices directly influence the aggregate economy; rather, the other sectors’ activities stimulate the construction sector in Nigeria. Two policy recommendations for achieving the Federal Government’s medium term Economic Recovery and Growth Plan (ERGP are suggested: (1 the Nigerian government should de-emphasize overreliance on the oil sector through policy readjustment and (2 an urgent need for economic diversification in Nigeria exists, since we revealed that an increase in the aggregate GDP output is due to the activities of other non-oil sectors.

  16. 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.

  17. Energy consumption and GHG emissions from the upstream oil and gas sector in Canada: an overview

    International Nuclear Information System (INIS)

    Bhargava, A.; Timilsina, G.

    2004-01-01

    After electricity generation, the oil and gas sector is the most emission intensive industry in Canada. This paper presents statistical data and research by the Canadian Energy Research Institute (CERI). The aim of the research was to provide a comparative evaluation between Alberta's energy consumption and Canada-wide consumption. Data revealed that energy consumption and greenhouse gas (GHG) emissions have increased faster in Alberta in comparison to the rest of Canada, but have slowed since 1997, while emissions in the rest of Canada still continued to increase. Aggregate emission intensities were presented. It was noted that there were no significant changes in fuel mix in either Alberta or the country as a whole. Key factors contributing to rapid increase in energy consumption and GHG emissions after 1996 were: increased energy intensive production and increased use of natural gas. Charts of oil and gas use were presented in energy consumption, economic output and GHG emissions, also indicating that Canadian trends followed Alberta trends. A list of reduction measures in the oil and gas sector were provided, with figures of total reductions and cost. Future actions were outlined and included: ratification of the Kyoto Accord, the negotiation of sectoral agreements, important elements such as cost cap and percentages of reduction; the limited ability to reduce emissions at lower cost per tonne within the oil and gas sector; technology breakthroughs; and adoption of new practices such as the use of alternate fuels in energy intensive processes. tabs, figs

  18. Business opportunities and food safety of the Myanmar edible oil sector

    NARCIS (Netherlands)

    Wijnands, J.H.M.; Biersteker, J.; Hagedoorn, L.F.; Louisse, J.

    2014-01-01

    This report analyses the business opportunities of the oilseed and edible oil sector in Myanmar as well as the food safety control system. Myanmar is a significant producer of oilseed specialities. It is world’s largest producer of sesame seeds, ranks on the sixth position for groundnut production

  19. Energy consumption and GHG emissions from the upstream oil and gas sector in Canada: an overview

    Energy Technology Data Exchange (ETDEWEB)

    Bhargava, A.; Timilsina, G. [Canadian Energy Research Inst., Calgary, AB (Canada)

    2004-07-01

    After electricity generation, the oil and gas sector is the most emission intensive industry in Canada. This paper presents statistical data and research by the Canadian Energy Research Institute (CERI). The aim of the research was to provide a comparative evaluation between Alberta's energy consumption and Canada-wide consumption. Data revealed that energy consumption and greenhouse gas (GHG) emissions have increased faster in Alberta in comparison to the rest of Canada, but have slowed since 1997, while emissions in the rest of Canada still continued to increase. Aggregate emission intensities were presented. It was noted that there were no significant changes in fuel mix in either Alberta or the country as a whole. Key factors contributing to rapid increase in energy consumption and GHG emissions after 1996 were: increased energy intensive production and increased use of natural gas. Charts of oil and gas use were presented in energy consumption, economic output and GHG emissions, also indicating that Canadian trends followed Alberta trends. A list of reduction measures in the oil and gas sector were provided, with figures of total reductions and cost. Future actions were outlined and included: ratification of the Kyoto Accord, the negotiation of sectoral agreements, important elements such as cost cap and percentages of reduction; the limited ability to reduce emissions at lower cost per tonne within the oil and gas sector; technology breakthroughs; and adoption of new practices such as the use of alternate fuels in energy intensive processes. tabs, figs.

  20. 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

  1. Restructuring the arrangements between government and state enterprises in the oil and mining sectors

    International Nuclear Information System (INIS)

    Aharoni, Y.; Ascher, W.

    1998-01-01

    The article analyses the relationship between governments and state-owned enterprises (SOEs) in the oil and minerals sectors. The case is made that SOEs in these sectors have distinct peculiarities of behaviour, and are beset with specific difficulties in addition to typical problems common to SOEs in all sectors. The reasons for the uniqueness of SOEs in the oil and minerals sector stem mainly from their large size, their capacity to earn and borrow foreign currency, their strategic importance and other factors. The key to understanding and reforming state oil and mining enterprises lies in recognizing that their sub-optimal behaviour is often caused by conflicts within government regarding control of the SOE's financial flows, including the natural resource rent. These conflicts are frequently aggravated by the inappropriateness of fiscal arrangements between these SOEs and their governments. Guidelines for reforming these arrangements are offered, which, in some respects, differ considerably from those applicable to conventional state-owned enterprises outside the natural resources sector. (author)

  2. Exporting the 'Norwegian Model': The effect of administrative design on oil sector performance

    International Nuclear Information System (INIS)

    Thurber, Mark C.; Hults, David R.; Heller, Patrick R.P.

    2011-01-01

    Norway has administered its petroleum resources using three distinct government bodies: a national oil company engaged in commercial hydrocarbon operations; a government ministry to direct policy; and a regulatory body to provide oversight and technical expertise. Norway's relative success in managing its hydrocarbons has prompted development institutions to consider whether this 'Norwegian Model' of separated government functions should be recommended to other oil-producing countries. By studying ten countries that have used widely different approaches in administering their hydrocarbon sectors, we conclude that separation of functions is not a prerequisite to successful oil sector development. Countries where separation of functions has worked are characterized by the combination of high institutional capacity and robust political competition. Unchallenged leaders often appear able to adequately discharge commercial and policy/regulatory functions using the same entity, although this approach may not be robust against political changes. Where institutional capacity is lacking, better outcomes may result from consolidating commercial, policy, and regulatory functions until such capacity has further developed. Countries with vibrant political competition but limited institutional capacity pose the most significant challenge for oil sector reform: Unitary control over the sector is impossible but separation of functions is often difficult to implement. - Highlights: → The 'Norwegian Model' separates commercial, policy, and regulatory functions in oil. → We study ten oil-producing countries to assess the separation of functions model. → The model is useful where there is institutional capacity and political competition. → Consolidation of functions can work better when political power is concentrated. → Countries with low capacity may also be better off consolidating functions.

  3. China expands refining sector to handle booming oil demand

    International Nuclear Information System (INIS)

    Anon.

    1993-01-01

    China's refining sector is in the midst of a major expansion and reorganization in response to booming domestic demand for petroleum products. Plans call for hiking crude processing capacity to 3.9 million b/d in 1995 from the current 3.085 million b/d. Much of that 26% increase will come where the products demand growth is the strongest: China's coastal provinces, notably those in the southeast. Despite the demand surge, China's refineries operated at only 74% of capacity in 1991, and projections for 1992 weren't much better. Domestic crude supply is limited because of Beijing's insistence on maintaining crude export levels, a major source of hard currency foreign exchange. The paper discusses the superheated demand; exports and imports; the refining infrastructure; the Shenzhen refinery; Hong Kong demand; southeast coast demand; 1993 plans; and foreign investment

  4. BIG hydrogen: hydrogen technology in the oil and gas sector

    International Nuclear Information System (INIS)

    2006-01-01

    The BIG Hydrogen workshop was held in Calgary, Alberta, Canada on February 13, 2006. About 60 representatives of industry, academia and government attended this one-day technical meeting on hydrogen production for the oil and gas industry. The following themes were identified from the presentations and discussion: the need to find a BIG hydrogen replacement for Steam Methane Reformer (SMR) because of uncertainty regarding cost and availability of natural gas, although given the maturity of SMR process (reliability, known capital cost) how high will H2 prices have to rise?; need for a national strategy to link the near-term and the longer-term hydrogen production requirements, which can take hydrogen from chemical feedstock to energy carrier; and in the near-term Canada should get involved in demonstrations and build expertise in large hydrogen systems including production and carbon capture and sequestration

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

    Science.gov (United States)

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

    2015-12-01

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

  6. Oil Extraction and Benefit Sharing in an Illiberal Context: The Nenets and Komi-Izhemtsi Indigenous Peoples in the Russian Arctic

    NARCIS (Netherlands)

    Tysyachnyouk, M.; Henry, L.A.; Lamers, M.A.J.; Tatenhove, van J.P.M.

    2018-01-01

    How can indigenous communities in illiberal regimes benefit from oil production? This paper compares the experience of two indigenous peoples in the Russian Arctic, the Nenets and the Komi-Izhemtsi, in their quest for environmental protection and the development of benefit-sharing arrangements with

  7. Oil inventory behaviour: the public and private sector relationship and the free-rider problem

    International Nuclear Information System (INIS)

    Al-Faris, A.F.

    1992-01-01

    For oil-importing countries, the uninterrupted flow of energy sources lies at the heart of their national security. The crises of 1973-74 and 1979-80 have demonstrated the vulnerability of their economies to oil shortages, and the need to maintain a certain level of stocks to absorb unexpected losses in normal supply. On the other hand, oil producers have perceived a large inventory accumulation as a destabilizing factor to the oil market. This paper introduces fresh evidence on the dynamic nature of the relationship between OECD countries on the one hand and the public and private sectors on the other. The aims of the paper are, thus, twofold. The first is to highlight the underlying determinants of the inventory policies in major OECD countries. Of particular interest to this inquiry is the question of the free-rider phenomenon. The second is to study the interaction between public and private inventories in the framework of a dynamic model. (author)

  8. Automation and control trends in the upstream sector of the oil industry

    Energy Technology Data Exchange (ETDEWEB)

    Plucenio, Agustinho; Pagano, Daniel J. [Universidade Federal de Santa Catarina (UFSC), Florianopolis, SC (Brazil). Programa de Recursos Humanos da ANP em Automacao, Controle e Instrumentacao para a Industria do Petroleo e Gas, PRH-34

    2004-07-01

    The need to continuously improve the aspects of Health, Safety and Environment to operators, installation's security, optimization of oil reservoir recovery in wells operating with different artificial lift methods, subject to different secondary recovery techniques, has motivated the development of technologies in the automation and control for the upstream sector of the oil industry. While the application of control and automation techniques is well established in the downstream sector of the oil industry that is not the case in the downstream sector. One tendency in this sector is the utilization of control via Field bus Networks. This technology uses equipment that communicate with each other in a two wire digital network and can be programmed to execute function blocks algorithms designed to perform a designed control strategy. The most noticeable benefits are the improvements in the process performance and the equipment reusability and interoperability. Proprietary solutions can be replaced by systems composed of equipment supplied by different manufacturers connected in the same network. These equipment operate according to a strategy designed by automation and control engineers under the supervision of professionals working in computer terminals located in different company departments. Other gains are a better understanding about the industry processes, application of optimization techniques, fault detection, equipment maintenance follow-up, and improved operators working conditions and workers qualification. Other tendencies are: permanent well monitoring. Either with installation of down hole sensors based on fiber grating sensors or surface sensors using embedded electronic processors. Developments of instrumentation technology for low cost multiphase flow measurements. Application of control techniques for flow regime control and optimization of reservoir recovery through better identification, optimization and Model Based Predictive Control

  9. Risk and resilience in the Nigerian oil sector: The economic effects of pipeline sabotage and theft

    International Nuclear Information System (INIS)

    Yeeles, Adam; Akporiaye, Alero

    2016-01-01

    Political unrest in the Niger Delta has long been viewed as a hurdle for extracting maximum value from Nigeria's oil resources. Recently, investors and policymakers have laid blame for sector under-performance on pipeline sabotage and theft, and sounded the alarm for an impending ‘oil crisis’. However, our understanding of the economic effects of social action against oil companies is incomplete. Rigorous analysis has not heretofore been offered as evidence for such dire futures. Despite the obvious risk of pipeline interdiction, price dynamics and aggregate production respond minimally to pipeline interdiction. Based on quantitative analysis of the relationship among price, production and pipeline interdiction from multiple data sources covering different time intervals (monthly data from 2005 to 2014 and annual data from 1999 to 2013), we find no evidence of significant effects of pipeline interdiction on production and a weak relationship between pipeline interdiction and Bonny light crude prices. Reported losses in product are substantial, but there is no evidence of statistically significant impacts on price or production in the aggregate. Explanations for this counterintuitive result are cast in terms of sector resilience. The implications of this finding for producer risk and the likelihood of an impending ‘oil crisis’ are discussed. - Highlights: • We examine the impact of pipeline sabotage and theft on the Nigerian oil economy. • Econometric analysis of production, price and pipeline interdiction over different time intervals. • Aggregate price and production are impacted minimally by pipeline interdiction. • Oil sector business risk is high, but production is resilient to interruptions from social and political unrest.

  10. Business Case for Integrated Reporting in the Nigerian Oil and Gas Sector

    Directory of Open Access Journals (Sweden)

    Tajudeen J. AYOOLA

    2013-03-01

    were sourced from the annual reports and stand-alone sustainability reports of the six multinational companies operating in the Nigerian oil and gas sector. The results found that efforts to address environmental, social and governance reporting (ESG were adhoc, short term and unrelated to the core activities of the corporations and as such were not integrated into their business strategies and model. Information on ESG was also duplicated over many medium in a haphazard and distorted form. The study therefore concluded that the introduction of integrated reporting will streamline performance reporting that is in line with international best practice in the sector.

  11. Industry sector analysis, Mexico: Oil and gas field machinery and equipment. Export Trade Information

    International Nuclear Information System (INIS)

    1990-04-01

    The Industry Sector Analyses (I.S.A.) for oil and gas field machinery and equipment contains statistical and narrative information on projected market demand, end-users, receptivity of Mexican consumers to U.S. products, the competitive situation - Mexican production, total import market, U.S. market position, foreign competition, and competitive factors, and market access - Mexican tariffs, non-tariff barriers, standards, taxes and distribution channels. The I.S.A. provides the United States industry with meaningful information regarding the Mexican market for oil and gas field machinery and equipment

  12. Oil prices, stock markets and portfolio investment. Evidence from sector analysis in Europe over the last decade

    International Nuclear Information System (INIS)

    Hedi Arouri, Mohamed El; Khuong Nguyen, Duc

    2010-01-01

    This article extends the understanding of oil-stock market relationships over the last turbulent decade. Unlike previous empirical investigations, which have largely focused on broad-based market indices (national and/or regional indices), we examine short-term linkages in the aggregate as well as sector by sector levels in Europe using different econometric techniques. Our main findings suggest that the reactions of stock returns to oil price changes differ greatly depending on the activity sector. In the out-of-sample analysis we show that introducing oil asset into a diversified portfolio of stocks allows to significantly improve its risk-return characteristics. (author)

  13. The euro as a quotation and invoicing currency in the oil and gas sector

    International Nuclear Information System (INIS)

    Swartenbroekz, C.; Pauwels, J.P.

    1999-01-01

    The impact of the introduction of the euro will not be limited to the European economics, but will also have an influence worldwide. Indeed the new currency is really qualified to become an international currency. Under these circumstances, oil and gas sector participants should consider taking the opportunity to make us of he new currency in their transactions. However, even if new opportunities do exist, some opposition could be expressed for operational and geopolitical reasons. (authors)

  14. 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.

  15. Safety culture: a comparative study of space, nuclear and oil-gas sectors

    International Nuclear Information System (INIS)

    Morais, David; Assis, Altair Souza de

    2008-01-01

    Full text:We access in this paper the safety culture methodology adopted by three different industrial sectors: Nuclear, space/aeronautics and oil-gas, in Brazil. In this work, It is evaluated the planning, training, personal monitoring and the interaction between the technical personal, such as engineers and physicists, with human ones, such social workers and physiologists, key factor to understand the efficacy of the local safety culture pattern. The research is made through the analysis of the relevant manuals and interviewing the safety, human areas personal, and regulatory managers, concerned with/related to safety/working with safety culture at the specific industrial sector. It is compared the efficacies and the official regulatory vision on the issue, for the different sectors, in order to detect confluences and divergences and, so, to propose a model that better treat the safety culture as a global industrial value. (author)

  16. Best practices for the retention of women engineers and scientists in the oil and gas sector

    Energy Technology Data Exchange (ETDEWEB)

    Emerson, C.J. [Wise Newfoundland and Labrador, St. John' s, NF (Canada); Williams, F.M. [Petro-Canada Inc., (Canada); Sherk, S. [AMEC Earth and Environmental Ltd., St. John' s, NF (Canada)

    2000-07-06

    This conference paper was the result of a workshop discussion at a national conference that brought together those in industry who work in positions promoting diversity, together with women scientists and engineers from the sector. The objective was to identify effective workplace policies and practices that support and advance women's careers in the sector, and thus enhance retention. The conference paper discusses women in science, engineering and technology fields and in the oil and gas sector. It discusses best practices for the retention of women scientists and engineers in the oil and gas sector. It presents a summary of the workshop, best practices for the industry, and best practices for others. Best practices for the industry that are presented in the paper include: commitment from the top, management training, organizational policy and programs, balancing career and personal life, and career development and training. The paper concluded that companies should be recognized for thoughtful and forward-looking policies and best practice initiatives and that the strongest of the best practices is to make managers accountable for diversity progress in their areas of responsibility. 1 app., 8 refs.

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

    International Nuclear Information System (INIS)

    Zamani, M.

    2005-01-01

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

  18. Problems of mineral tax computation in the oil and gas sector

    Directory of Open Access Journals (Sweden)

    Н. Г. Привалов

    2017-04-01

    Full Text Available The paper demonstrates the role of mineral tax in the overall sum of tax revenues in the budget. Problems of tax computation and payment have been reviewed; taxpayers and taxation basis of the amount of extracted minerals have been clearly defined. Issues of rental content of natural resource taxes are reviewed, as well as problems of right definition of the rental component in the process of mineral tax calculation for liquid and gaseous hydrocarbons.One of important problems in mineral tax calculation is a conflict between two laws – the Subsoil Law and the Tax Code of Russian Federation (26th chapter. There is an ambiguity in the mechanism of calculating amounts of extracted mineral resources – from the positions of the Tax Code and the Subsoil Law. The second problem is in the necessity to amend the mineral tax for oil extraction the same way as it has been done for gas extraction, when characteristics of each field are taken into account.This will provide a basis for correct computation of the natural resource rent for liquid and gaseous hydrocarbons. The paper offers recommendations for Russian authorities on this issue.

  19. Budget deficit remedies and their impact on the non-oil sectors of an oil-exporting country: the case of Kuwait

    International Nuclear Information System (INIS)

    Eltony, M.N.

    1998-01-01

    A model for the non-oil production side of the Kuwaiti economy was developed and estimated. The model, then, was simulated according to various scenarios designed to eliminate the budget deficit by the year 2000, in order to examine the effect on the non-oil sector of the economy. The results indicate that, in terms of its impact on non-oil GDP, the extreme case scenario is harsh, bringing down the level of non-oil GDP by more than 20% by the year 2000 from its level in 1993. The impact on the budget deficit may be very positive, but non-oil production and consumption will decline very rapidly, creating widespread hardship across all economic sectors. The results suggest a better option lies in adopting either of two intermediate case scenarios. While each of these will also cause a decline in non-oil GDP, it will not be to the extent caused by the extreme case scenario

  20. THE IMPACT OF THE FALLING OIL PRICES ON THE BANKING SECTOR AND THE BANKING CRISIS IN AZERBAIJAN

    Directory of Open Access Journals (Sweden)

    Nijat Huseynov

    2018-03-01

    Full Text Available The Banking sector in Azerbaijan has been one of the most affected sectors and volatile due to the falling oil prices. In the recent years, the government’s approach to the banking sector has changed significantly. The national currency has depreciated against the foreign currencies. The main goal of this paper is to clarify the current situation and key challenges in the Azerbaijan Banking sector including assessing the role of the Central Bank of Azerbaijan Republic (CBA. In this paper, the crucial problems in the financial sector are also indicated and some key points for the future actions are recommended.

  1. Economic Analysis of Solar Energy Using in Oil Sector Economy in Republic of Tatarstan

    Science.gov (United States)

    Kulikova, L. I.; Goshunova, A. V.; Nutfullina, D. I.

    2017-11-01

    In the current economic conditions further increase of the profit or maintenance of its current level on the base of extensive development factors is no longer possible. The example of the oil-extracting company in the Republic of Tatarstan demonstrates that in the future it will be possible to replace traditional energy sources with solar energy; it will reduce energy costs for oil extraction, production costs and provide an increase of corporate efficiency. The economic analysis results show that the use of solar electricity can lead to 4.68% reduction in total electricity costs. In addition, the energy consumption per ton of oil produced is reduced. The share of electricity costs in the oil cost is reducing from 12.13% to 11.56%. Consequently, in the long term, the impact of total energy costs reduction can become more significant. In this way solar energy can become quite a real alternative in ensuring the energy needs of the economy of the oil-extracting sector of the Republic of Tatarstan and become a driver of intensive economic development.

  2. Funding the heavy oil sector's innovation : maximizing Canada's R and D tax credit

    International Nuclear Information System (INIS)

    Hill, G.S.; Bernard, M.; Cheung, S.

    2008-01-01

    Canada offers one of the most generous, broadly applicable business tax incentives for eligible research and development projects in the world. The scientific research and experimental development (SR and ED) program is administered by the Canada Revenue Agency and is the single largest federal program, providing over 3 billion dollars in tax assistance to Canadian businesses in 2006. The development of in-situ oil sands recovery technologies such as steam assisted gravity drainage and other techniques have been research-intensive undertakings that have historically benefited from the SR and ED program, many of which are now commercial available technologies. The SR and ED program definition, eligible activities, eligible expenditures, and benefits were described in this paper. These benefits include the ability to deduct qualifying expenditures currently or to defer them indefinitely, as well as investment tax credits that reduce taxes payable on a dollar for dollar basis. Research and development in the heavy oil and oil sands industries was also discussed with reference to platforms for research and development; areas of potential SR and ED. It was concluded that the SR and ED program is a vital source of financing to many Canadian corporations, and could offer significant assistance to companies in the heavy oil and oil sands sector by returning 20-35 per cent of the expenditures back at the federal level as a tax credit. 5 refs

  3. Corporate social policy - problems of institutionalization and experience of Russian oil and gas companies

    Science.gov (United States)

    Nekhoda, E.; Kolbysheva, Yu; Makoveeva, V.

    2015-11-01

    The article examines a range of problems related to the process of institutionalization in the corporate social policy, characterizing the social responsibility of business and representing a part of the general strategy of corporate social responsibility. The experience of the social policy implementation in oil and gas companies is analyzed.

  4. Benefit-sharing arrangements between oil companies and indigenous people in Russian northern regions

    NARCIS (Netherlands)

    Tulaeva, Svetlana; Tysyachnyuk, Maria

    2017-01-01

    This research provides an insight into various modes of benefit-sharing agreements between oil and gas companies and indigenous people in Russia's northern regions, e.g., paternalism, corporate social responsibility, and partnership. The paper examines factors that influence benefit-sharing

  5. The Mediterranean Diet and the Increasing Demand of the Olive Oil Sector: Shifts and Environmental Consequences

    Directory of Open Access Journals (Sweden)

    Bruno Neves

    2018-06-01

    Full Text Available Mediterranean countries play a crucial role as olive oil producers and consumers compared to other world regions. This work focusses on the development of the world production, trade and consumption where the Mediterranean region stands out from the rest of the world, in particular, the Northern Mediterranean countries. Aspects such as how communication emphasizes the benefits of the Mediterranean diet - which is a distinctive characteristic of the Mediterranean culture and identity - the Slow Food Movement, the International Olive Council campaigns, and the successive Common Agricultural Policies, that have triggered production, trade and consumption around the world, are here discussed. Such increases and stimuli brought and is still bringing changes to the olive oil sector such as a shifting tendency in production modes as well as modernization of the sector, responding to the increasing demand. These shifts and demand are changing landscapes and are being referred as environmentally harmful to the ecosystems as the production of olive oil is shifting to more intensive production systems and monoculture plantations. These issues are here debated and illustrated with case study examples, referring to the Mediterranean countries, particularly, referring to the Iberian Peninsula.

  6. 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

  7. A critique of the performance of EIA within the offshore oil and gas sector

    Energy Technology Data Exchange (ETDEWEB)

    Barker, Adam, E-mail: adam.barker@manchester.ac.uk; Jones, Carys, E-mail: carys.jones@manchester.ac.uk

    2013-11-15

    The oil and gas sector is a key driver of the offshore economy. Yet, it is also associated with a number of unwanted environmental impacts which potentially threaten the long term economic and environmental viability of marine ecosystems. Environmental Impact Assessment (EIA) can potentially make a significant contribution to the identification and management of adverse impacts through the promotion of evidence based decision making. However, the extent to which EIA has been embraced by key stakeholders is poorly understood. On this basis, this paper provides an initial evaluation of EIA performance within the oil and gas sector. The methodology adopted for the paper consisted of the structured review of 35 Environmental Statements (ESs) along with interviews with regulators, operators, consultants and advisory bodies. The findings reveal a mixed picture of EIA performance with a significant number of ESs falling short of satisfactory quality and a tendency for the process to be driven by compliance rather than best practice. -- Highlights: • Concerns identified relating to impacts of offshore oil and gas industry. • Research assesses performance of EIA in addressing impacts. • Findings highlight weak quality standards and procedural deficiencies. • Institutional reforms identified in order to improve practice.

  8. Model of analyzing and forecasting the dynamics of industrial production and space sector of the Russian Federation

    Directory of Open Access Journals (Sweden)

    Dmitriy Yu. Ivanov

    2016-01-01

    Full Text Available Objective to carry out a comparative analysis of the dynamics of industrial production and the rocket and space industry of Russia. Methods an asynchronous method of harmonic analysis comparative method. Results the forecasts of the development of rocket and space industry for 2015 and 2016 are obtained which are compared with the data of the Ministry of Economic Development and the World Bank of Development. The comparison of the results showed that the analysis and forecast data of the Ministry of Economic Development and the World Bank of Development coincide only partially. The tendency to increase the volumes in rocket and space industry is shown. Scientific novelty the mathematical models are presented for the dynamics of industrial production and the rocket and space industry of the Russian Federation built on the basis of the asynchronous harmonic analysis. The retrospective of the rocketspace complex development is considered. Practical significance using the proposed mathematical models of the dynamics of industrial production and the rocket and space industry of the Russian Federation based on the economy cycles the more accurate forecasts of economic development can be made. nbsp

  9. Norwegian concern over strongly increased Russian oil transport along the Norwegian coast

    International Nuclear Information System (INIS)

    2003-01-01

    The transport of oil from the northern parts of Russia along the coast of Norway will multiply in a few years. An analysis has shown that the risk of a shipwreck followed by pollution will then increase dramatically. The coastal population of North Norway has begun to demand that measures be taken, and they are backed by the military authorities, who say the preparedness must be considerably improved. Massive oil spills are not the only danger. Spills of ballast water from ships have introduced foreign species that disrupts the local eco systems. A number of bilateral agreements exist between Norway and Russia on prevention and notification of accidents, cooperative rescue work and environmental work. These agreements do not fully satisfy the need for notification and warning, however

  10. Sectoral approaches establishment for climate change mitigation in Thailand upstream oil and gas industry

    International Nuclear Information System (INIS)

    Chaiyapa, Warathida; Esteban, Miguel; Kameyama, Yasuko

    2016-01-01

    Understanding the upstream oil and gas (O&G) industry's responses to climate change and what factors can be influential to trigger their mitigation strategies is crucial for policy-makers to harness the huge resources that this industry can mobilize towards environmental protection. Considering that individual climate change efforts are unlikely to affect global mitigation paths, the study investigates the possibility that sectoral approaches can help in the reduction of greenhouse gas emissions, using Thailand as a case study. It conducted online questionnaire surveys and semi-structured interviews to acquire primary data from companies and key informants from the government, NGOs, NPOs and academics. The results suggested that, among three possible groups of factors that could affect company decisions on whether to promote sectoral approaches, domestic politics (particularly the Thai government) is the most important, though other factors also play important and interrelated roles. The most welcomed type of scheme that could be envisaged would appear to be a sectoral agreement between government and industry. Finally, the authors provide two main policy recommendations, namely the establishment of an industrial association of O&G companies and for it to target how to start looking at measures to reduce greenhouse gas emissions amongst large companies in the sector. - Highlights: •Examining the possibility of establishing a sectoral approach Thailand's upstream O&G industry. •Analytical framework was constructed to ascertain most influential factors. •Questionnaires and interviews were employed with companies, government, NGOs and academic. •Domestic politics is the most determining factor, but other factors have strong interrelation. •Sectoral agreement between government and industry is the most likely scheme to be established.

  11. Determining Factors for Economic Efficiency in the Organic Olive Oil Sector

    Directory of Open Access Journals (Sweden)

    Enrique Bernal Jurado

    2017-05-01

    Full Text Available Spain looms large worldwide in organic olive oil production. However, this productive potential contrasts with the low internal consumption of the product. This situation makes Spain a world leader in its export. Companies in this sector have clear deficiencies, which must be corrected to ensure their survival over time. In this context, the aim of this study is to analyse the level of efficiency, in economic terms, of organic olive oil producers and to identify the factors explaining the best organizational practices. To do so, Data Envelopment Analysis (DEA and Qualitative Comparative Analysis (QCA have been used. The results reveal low levels of economic efficiency and the variables determining said efficiency.

  12. Prof's passion for the oil and gas sector spans four decades

    Energy Technology Data Exchange (ETDEWEB)

    Roche, P.

    2009-04-15

    This article described some of the inventions by a geological engineer and engineering professor at the University of Waterloo during his career in the oil and gas sector over the past 40 years. He began his career at the University of Alberta where his research was funded by the Alberta Oil Sands Technology and Research Authority (AOSTRA). The veteran oilfield researcher is a proponent of deep geological disposal of carbon dioxide (CO{sub 2}) and has applied for some related patents. While oily sand is not hazardous, it it not suitable for landfill disposal. An important contribution to technology by the inventor and teacher is deep-well disposal of wastes. His injection disposal technique which replaces surface disposal pits has been operating at a facility in the Duri heavy oil field in Indonesia for more than 6 years. This deep-well waste injection method disposes of tonnes of sand produced by cold heavy oil production with sand (CHOPS). However, it has not been widely adopted in western Canada due to relaxed restrictions regarding landfill disposal. Eighteen years ago, the researcher came up with the idea of deep geological conversion of biosolids into methane. Methane generation, driven by high temperatures and anaerobic bacteria, is completed a year or two after the biowaste is injected. About 40 to 50 per cent of the mass of the biosolids are left behind as elemental carbon. For every dry tonne of biosolids injected, 400 to 500 kg of carbon are sequestered. While deep well disposal is touted as being most useful in emerging nations that lack elaborate sewage treatment systems, the first pilot project of the technology took place in August 2008 in Los Angeles, California. The inventor was also involved in the startup of Edmonton-based Wavefront Energy and Environmental Services Inc. whose downhole enhanced oil recovery tool sends low-frequency pulses through the formation generating waves that dislodge more oil from the rock matrix. 1 ref., 1 fig.

  13. An analysis of headquarters location in the Canadian oil and gas sector

    International Nuclear Information System (INIS)

    Hirsch, K.T.

    1993-04-01

    Headquarters location theory identifies several factors which are expected to influence the location of corporate head offices. Some of these factors directly affect the costs of operation and the basic profitability of the company, such as the cost of office space, tax levels, availability of qualified labour, cost of labour, proximity to corporate activities, and agglomeration with other services and companies. Headquarters location theory is applied to Canada's energy sector. During the previous 27 years, concentration of energy company headquarters has shifted from Toronto to Calgary. A regression model tests the extent to which those factors identified in the literature appear to be statistically significant for the headquarters relocation experience in Canada's energy sector. The results of the tests suggest that certain factors do appear to significantly influence relocation decisions. These factors are agglomeration with other oil and gas companies, and relative proximity to oil and gas operations (which unexpectedly displayed a negative coefficient). The agglomeration factor was by far the most significant. 44 refs., 3 figs., 2 tabs

  14. Energetic cooperation Sino-russian on oil and gas subject. Strategic alliance or hegemonic domain?

    Directory of Open Access Journals (Sweden)

    Kenia María Ramírez Meda

    2012-10-01

    Full Text Available The objective of this article is to identify the points of divergence that may truncate the successful bilateral energy cooperation between China and Russia established in the last two decades, and if this relationship can be framed in the strategic alliance instituted by both countries. First section starts with a brief historical account of the evolution of the strategic alliance between China and Russia, as well as its main results. Second section, evaluates the progress in bilateral energy cooperation, particularly around two resources; gas and oil. Third, the points of divergence around such cooperation are analyzed, and its evaluated how these, can diminish the success of energy relations around the two remedies mentioned. By way of conclusion arises if such differences can trigger a competition by the hegemonic domination in Asia between the two States in the short and medium term.

  15. The Integration Aspects of Activities of the Companies in the Oil and Gas Industry Sector in the Context of Globalization

    Directory of Open Access Journals (Sweden)

    Panevnyk Tetiana M.

    2016-05-01

    Full Text Available The article considers both the dynamics and the structure of oil and gas production in Ukraine, situation of the oil and gas companies at the current stage of globalization of the world economy have been covered. The main problems impacting the functioning of the domestic industry sector have been identified, including the lack of effectiveness of the existing integration processes. The world trends and patterns of integration processes have been considered. It has been determined that the oil and gas industry sector leaders are the multinational companies that actively use integration in their practices. The current trends in creating integration linkages in different parts of the process chain in the oil and gas industry have been identified. Influence by large corporations of the innovative type on the creation of a favorable investment climate has been confirmed, as well as conducting their own policies of expansion in the overseas markets. On the basis of studying the foreign experience, expediency of development of the oil and gas sector enterprises by activating integration processes has been substantiated. Priorities and possibilities for further functioning of enterprises in the the oil and gas industry sector have been identified

  16. CDM (Clean Development Mechanism) opportunities for the oil and gas sector

    Energy Technology Data Exchange (ETDEWEB)

    Franco, Joana Chiavari [FEEM - Fondazione Eni Enrico Mattei, Milan (Italy). Eni/Agip Group

    2004-07-01

    Due to the broad impact of legislation limiting greenhouse gas emissions and the increasing public awareness concerning the environment, the oil industry has been currently incorporating climate change considerations in its corporate strategy. However, compliance in the carbon constrained economy does not merely represent a cost issue; it also represents an opportunity. Projects developed under the Clean Development Mechanism (CDM) in particular represent an incentive both for companies and governments to invest in emission reduction projects in developing countries and earn carbon credits, while promoting sustainable development. The oil industry is characterized by a high emission reduction potential and is able to deliver to the market an amount of credits which is by far higher than the amount that most projects developers are able to offer. However some critical issues, such as the current interpretation of the additionally concept, may represent a barrier for the full utilization of such mechanism, particularly regarding petroleum-sector projects, thus reducing the benefits the CDM can actually produce. Considering that a very large number of CDM projects may be needed for the implementation of a successful climate policy, the engagement of the oil industry on the Kyoto mechanisms is very important and auspicial. (author)

  17. The strategy of the key players in the African oil sector (the Gulf of Guinea)?

    International Nuclear Information System (INIS)

    Copinsch, Ph.

    2001-01-01

    The African oil industry, (particularly in the deep water offshore fields of the Gulf of Guinea), is symbolic of the new balance of power taking shape in the oil industry between the international companies and the host state on the one hand, and between the petrol companies themselves on the other. In an area rich in potential and which has become highly competitive, the traditional players in the region's oil development sector (Shell, Chevron and TotalFinaElf) which have for so long been sheltered from genuine competition in their respective areas of activity, must now face up to the renewed ambitions of new 'Super Majors' (in particular ExxonMobil), not to mention those of many independent companies seeking to internationalize their business. Several reasons explain this change. Firstly, the main developments are now taking place offshore with deep water drilling, and financial solidity and technological competence have replaced the closeness of political links as key factors of success. In these conditions, the risk of long term marginalization for the medium-sized companies is considerable. Secondly, the need to achieve profitability stressed by the major petrol groups is opening the door to the independents who are operating a niche policy (based on marginal or mature fields which no longer interest the majors). This type of competition tends to promote activity and to open up new countries to exploration and production (in particular Equatorial Guinea). (author)

  18. The protests in Zhanaozen and the Kazakh oil sector: Conflicting interests in a rentier state

    Directory of Open Access Journals (Sweden)

    Dossym Satpayev

    2015-07-01

    Full Text Available The article analyzes the impact of the oil and gas industry on the socio-political stability in Kazakhstan. The first part will look at the role of the industry for the development of the country with a special focus on the political risks that might result from the orientation towards raw material production. The relationship between business and politics will be examined as well as the management model of the energy sector and the impact of corruption on social and political stability. The second part of the article will focus on the population's attitude towards public protests and aims to explain why the willingness to participate in protests has been rising. A case study on the protests of oil industry workers in the city of Zhanaozen in December 2011 will be presented in order to better understand the causes of the protests, the demands of the protesters and the relationship between state and society. The article concludes with a summary of results and an outlook for the development of the oil and gas industry and socio-political stability in Kazakhstan.

  19. Benefit-Sharing Arrangements between Oil Companies and Indigenous People in Russian Northern Regions

    Directory of Open Access Journals (Sweden)

    Svetlana Tulaeva

    2017-07-01

    Full Text Available This research provides an insight into various modes of benefit-sharing agreements between oil and gas companies and indigenous people in Russia’s northern regions, e.g., paternalism, corporate social responsibility, and partnership. The paper examines factors that influence benefit-sharing arrangements, such as regional specifics, dependency on international investors, corporate policies, and the level of local community organization. It analyses which instruments of benefit-sharing are most favourable, and why, for indigenous communities. The authors conducted research in three regions of Russia (Nenets Autonomous Okrug; Khanty-Mansi Autonomous Okrug, and Sakhalin by using qualitative methodology that involved semi-structured interviews, participant observation, and document analysis. Theoretically, the paper builds on the concept of benefit-sharing arrangements combined with the social equity framework. We assessed each case study in terms of procedural and distributive equity in benefit-sharing. The paper demonstrates that the procedural equity is the highest in the partnership mode of benefit-sharing on the island of Sakhalin where companies implement globally-accepted standards recognized by investment banks. The cases in Nenets Autonomous Okrug and Khanti Mansi Autonomous Okrug represent a reset of Soviet practices on a market basis, but whereas the distributional equity may be sufficient, the procedural equity is low as decisions are made by the company in concord with regional authorities.

  20. Recent and future developments of the oil industry in Russian Federation and more particularly in the Republic of Baskortostan; Evolution recente et perspectives d'evolution de l'industrie petroliere en federation de Russie et plus specialement dans la Republique du Bachkortostan

    Energy Technology Data Exchange (ETDEWEB)

    Garifullin, R

    2001-09-01

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

  1. Making offshore industries greener: negotiating environmental policy in the Dutch oil and gas sector

    International Nuclear Information System (INIS)

    Hinssen, J.

    1994-01-01

    In this paper the negotiations between the Dutch Government and the oil and gas sector regarding environmental measures for the offshore industry are analysed. Dutch environmental policy is presently being developed via 'Target Group Management'. The instrument used in this approach is policy negotiations, resulting in covenants. By signing a covenant, both government and industry take responsibility for the development and implementation of a realistic environmental policy. Negotiating environmental policies, however, can be problematic. This relates to the delay in obtaining an integrated approach to environmental problems. It is not unlikely that, in the four years required for the negotiation process, a legally binding environmental law might also have been developed. It is concluded that the value of the covenant mainly depends on the goodwill of the parties involved. (Author)

  2. 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.

  3. Russia/Asia-Pacific: rising gas and oil production in the Russian Far East will recast Asia-Pacific energy markets

    International Nuclear Information System (INIS)

    Khartukov, E.

    1994-01-01

    The next few years will see the emergence of the Russian Far East (RFE) as a major new source of hydrocarbons. Expansion of the production of crude oil and refined products will substantially improve the region's degree of energy self-sufficiency. The development of the large gas reserves is likely to have the greatest impact however. Three scenario's for this development are examined. Even under the most pessimistic the region's gas balance will show an exportable surplus by 2000. The energy future of the RFE, especially export plans for gas, depends on foreign investment, though. A radical improvement in the investment climate is needed to promote international co-operation. Political factors and strains within the Russian Federation and dwindling supplies of the crude oil and refined products from Siberia which the RFE still needs, tend to favour the development of economic links between the RFE and its Pacific Rim neighbours. The RFE would then be involved in Pacific energy flows, exporting gas and importing crude oil and refined products to make up its domestic shortfall rather than being dependent on Moscow controlled supplies. Should the RFE take this independent course and open its doors to foreign investors, solutions to the region's energy security problems would be made easier. There would almost certainly, though, be rivalry between the USA, Japan and Korea for influence with the RFE. (3 tables) (UK)

  4. Comments on the Russian energy policy

    International Nuclear Information System (INIS)

    Lavrovsky, I.

    1992-01-01

    The state of the energy industries and markets in the former Soviet Union is reviewed, with a focus on the oil sector. In spite of the economic recession, the demand for primary energy resources and electricity has dropped only slightly. A decrease in energy production has not yet hurt industries such as oil refining and equipment manufacturing. The low oil price in the domestic trade, ca $2.70/bbl, means that producers have an incentive to hoard oil in the ground or sell preferably to the export market. Non-energy industries are entering the oil market as well. Oil production has fallen by early depletion of the best reservoirs, the unwillingness of producers to produce because of low domestic oil prices, lack of investment, and inadequate technology. It is suggested that Russian oil needs to stay in Russia to stimulate economic growth and increase energy demand. Russia will need hard support such as exploration and production programs, modernization of processing facilities, development of infrastructure, technical assistance, management training, and a restructuring of the outdated financial system. All of this will require more involvement from western companies

  5. Hydrocarbons in the suspended matter and the bottom sediments in different regions of the Black Sea Russian sector

    Directory of Open Access Journals (Sweden)

    I. A. Nemirovskaya

    2017-08-01

    Full Text Available Content and composition of hydrocarbons (mainly the aliphatic ones in the suspended matter and the bottom sediments in the Gelendzhik Bay, the Big Sochi water area, the Feodosiya Bay and the Black Sea central part are defined and compared with the total organic carbon and chlorophyll a contents. It is shown that the aliphatic hydrocarbon concentrations exceeding the background ones are found only in the coastal zone. Advancing to the pelagic zone is accompanied by sharp decrease of their concentrations. Petroleum and pyrogenic hydrocarbons are mainly manifested in the polycyclic aromatic hydrocarbons composition. Influence of construction of the Olympic facilities upon distribution of hydrocarbons in the Big Sochi water area was of short duration, and already by 2015 the aliphatic hydrocarbons concentration decreased, on the average, up to 24 µg/l in the surface waters, and up to 18 µg/g – in the bottom sediments. Accumulation of hydrocarbons took place in bottom sediments, where their concentrations exceeded the background ones in terms of dry weight. In the Gelendzhik Bay, their content reached 252 μg/g, and in the composition of organic carbon (Corg > 1 %, which may indicate the contamination of sediments with oil products. In the Feodosiya Bay their part in the composition of Corg did not exceed 0.73 % and was 0.35 % on average. Natural alkanes dominated in the composition of aliphatic hydrocarbons. The bottom sediments are characterized by the predominance of odd high-molecular terrigenous alkanes. The content of polycyclic aromatic hydrocarbons in the studied sediments was rather low: up to 31 ng/g in the Gelendzhik Bay, up to 348 ng/g in the Feodosiya Bay. These concentrations according to the EPA classification are considered background, or minor petroleum hydrocarbons increase the level of aliphatic hydrocarbons in water and sediments, thus creating a modern hydrocarbon background.

  6. Environmental compensation application in the oil and gas sector; Aplicacao da compensacao ambiental no segmento de oleo e gas

    Energy Technology Data Exchange (ETDEWEB)

    Silva, Lucia H.C.; Pollis, Altaira M. [ICF Consultoria do Brasil Ltda., Rio de Janeiro, RJ (Brazil); Oliveira, Marco A.B. [Universidade Federal do Rio de Janeiro (UFRJ), RJ (Brazil). Coordenacao dos Programas de Pos-graduacao de Engenharia (COPPE)

    2004-07-01

    The regulation of the law no 9.985, of July 18, 2000, by the decree no 4.340, of August 22, 2002, awake the productive sector to the imposition to the entrepreneur that must destine the amount of at least 0,5% of the total costs foreseen for the hole undertaking implementation, to implement or maintain environmental conservation units. The most of the environmental agencies have been applied 0,5%. The IBAMA uses a methodology to establish the impact level and the range between 0,5% and 5% to define the environmental compensation percentage and is questionable. Then, until now, this legal requirement have been applied in a heterogeneous form to the environmental licensing. The various applied criterions, the huge subjectivity in the impact level assessment, and the influence of this requirement in the licensing schedule, associate to the oil and gas sector project costs point to a relevant impact in the feasibility of the oil and gas sector projects. Based in the percentages that IBAMA had established for the oil and gas sector was esteemed some costs destined to the environmental compensation. The law implementation without inhibition of investments in the country depends on the involved sectors articulation. (author)

  7. Reforming the Russian electricity market

    International Nuclear Information System (INIS)

    Valladares, Mayra Rodriguez

    1999-08-01

    Contains Executive Summary and Chapters on: Overview; Russian energy markets; Evolution of the power sector; The electricity market; Regulation and proposed reforms; Politics in the power sector; Economics of the power sector; Regional differences; Foreign involvement; Valuation and company management; Conclusions. (Author)

  8. Tough sell : forgetting and forgiving are not on the financial service sector's oil and gas investment agenda

    International Nuclear Information System (INIS)

    Georg, A.

    1999-01-01

    A review of the recovery from the year-long low on the oil-price cycle was presented, with special emphasis on the growth potential within the petroleum sector. Although the mood was optimistic at this year's Canadian Association of Petroleum Producers' annual Oil and Gas Investment Symposium, scrutiny from analysts and investors was severe. In today's dynamic market investors are less loyal and companies can no longer ride out the lows. When companies fell short of high investor expectations, they were faced with plunging stocks when investors left. This forced firms to sell assets or to merge with other, more solvent companies. It was noted that the oil and gas industry is among the best of any industrial sector in quality and standardization of disclosure. The advantage of this is that a high degree of disclosure reduces uncertainty which could benefit stock prices. 2 figs

  9. Exporting the 'Norwegian Model': The effect of administrative design on oil sector performance

    Energy Technology Data Exchange (ETDEWEB)

    Thurber, Mark C., E-mail: mark.thurber@stanford.edu [Program on Energy and Sustainable Development, Stanford University, Stanford, CA 94305 (United States); Hults, David R. [Program on Energy and Sustainable Development, Stanford University, Stanford, CA 94305 (United States); Heller, Patrick R.P. [Revenue Watch Institute, New York, NY 10019 (United States)

    2011-09-15

    Norway has administered its petroleum resources using three distinct government bodies: a national oil company engaged in commercial hydrocarbon operations; a government ministry to direct policy; and a regulatory body to provide oversight and technical expertise. Norway's relative success in managing its hydrocarbons has prompted development institutions to consider whether this 'Norwegian Model' of separated government functions should be recommended to other oil-producing countries. By studying ten countries that have used widely different approaches in administering their hydrocarbon sectors, we conclude that separation of functions is not a prerequisite to successful oil sector development. Countries where separation of functions has worked are characterized by the combination of high institutional capacity and robust political competition. Unchallenged leaders often appear able to adequately discharge commercial and policy/regulatory functions using the same entity, although this approach may not be robust against political changes. Where institutional capacity is lacking, better outcomes may result from consolidating commercial, policy, and regulatory functions until such capacity has further developed. Countries with vibrant political competition but limited institutional capacity pose the most significant challenge for oil sector reform: Unitary control over the sector is impossible but separation of functions is often difficult to implement. - Highlights: > The 'Norwegian Model' separates commercial, policy, and regulatory functions in oil. > We study ten oil-producing countries to assess the separation of functions model. > The model is useful where there is institutional capacity and political competition. > Consolidation of functions can work better when political power is concentrated. > Countries with low capacity may also be better off consolidating functions.

  10. 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.

  11. Life cycle GHG emissions from Malaysian oil palm bioenergy development: The impact on transportation sector's energy security

    International Nuclear Information System (INIS)

    Hassan, Mohd Nor Azman; Jaramillo, Paulina; Griffin, W. Michael

    2011-01-01

    Malaysia's transportation sector accounts for 41% of the country's total energy use. The country is expected to become a net oil importer by the year 2011. To encourage renewable energy development and relieve the country's emerging oil dependence, in 2006 the government mandated blending 5% palm-oil biodiesel in petroleum diesel. Malaysia produced 16 million tonnes of palm oil in 2007, mainly for food use. This paper addresses maximizing bioenergy use from oil-palm to support Malaysia's energy initiative while minimizing greenhouse-gas emissions from land-use change. When converting primary and secondary forests to oil-palm plantations between 270-530 and 120-190 g CO 2 -equivalent per MJ of biodiesel produced, respectively, is released. However, converting degraded lands results in the capture of between 23 and 85 g CO 2 -equivalent per MJ of biodiesel produced. Using various combinations of land types, Malaysia could meet the 5% biodiesel target with a net GHG savings of about 1.03 million tonnes (4.9% of the transportation sector's diesel emissions) when accounting for the emissions savings from the diesel fuel displaced. These findings are used to recommend policies for mitigating GHG emissions impacts from the growth of palm oil use in the transportation sector. - Research highlights: → We modeled greenhouse gas emissions in the production of palm-biodiesel. → Five land types were included to model emissions associated with land-use change. → Land-use change has the biggest impact on the emissions in making palm-biodiesel. → Emissions from fertilizer use and effluent treatment are still significant. → At 5% biodiesel grown on suitable lands Malaysia would obtain an emissions savings.

  12. Life cycle GHG emissions from Malaysian oil palm bioenergy development: The impact on transportation sector's energy security

    Energy Technology Data Exchange (ETDEWEB)

    Hassan, Mohd Nor Azman, E-mail: mohdnorh@andrew.cmu.ed [Department of Engineering and Public Policy, Carnegie Mellon University, 5000 Forbes Avenue, Pittsburgh, PA 15203 (United States); Jaramillo, Paulina [Department of Engineering and Public Policy, Carnegie Mellon University, 5000 Forbes Avenue, Pittsburgh, PA 15203 (United States); Griffin, W. Michael [Department of Engineering and Public Policy, Carnegie Mellon University, 5000 Forbes Avenue, Pittsburgh, PA 15203 (United States); Tepper School of Business, Carnegie Mellon University, 5000 Forbes Avenue, Pittsburgh, PA 15203 (United States)

    2011-05-15

    Malaysia's transportation sector accounts for 41% of the country's total energy use. The country is expected to become a net oil importer by the year 2011. To encourage renewable energy development and relieve the country's emerging oil dependence, in 2006 the government mandated blending 5% palm-oil biodiesel in petroleum diesel. Malaysia produced 16 million tonnes of palm oil in 2007, mainly for food use. This paper addresses maximizing bioenergy use from oil-palm to support Malaysia's energy initiative while minimizing greenhouse-gas emissions from land-use change. When converting primary and secondary forests to oil-palm plantations between 270-530 and 120-190 g CO{sub 2}-equivalent per MJ of biodiesel produced, respectively, is released. However, converting degraded lands results in the capture of between 23 and 85 g CO{sub 2}-equivalent per MJ of biodiesel produced. Using various combinations of land types, Malaysia could meet the 5% biodiesel target with a net GHG savings of about 1.03 million tonnes (4.9% of the transportation sector's diesel emissions) when accounting for the emissions savings from the diesel fuel displaced. These findings are used to recommend policies for mitigating GHG emissions impacts from the growth of palm oil use in the transportation sector. - Research highlights: {yields} We modeled greenhouse gas emissions in the production of palm-biodiesel. {yields} Five land types were included to model emissions associated with land-use change. {yields} Land-use change has the biggest impact on the emissions in making palm-biodiesel. {yields} Emissions from fertilizer use and effluent treatment are still significant. {yields} At 5% biodiesel grown on suitable lands Malaysia would obtain an emissions savings.

  13. Economic Sanctions of the West and Russian Anti-sanctions: Success or a Failure?

    Directory of Open Access Journals (Sweden)

    Rustem M. Nureev

    2016-12-01

    Full Text Available The main objective of the work is the analysis of the consequences for Russian economy from the imposition of sanctions by Western countries. The paper discusses issues related to the effectiveness of the sanctions on South Africa, Iraq, and Haiti; the work presents the consequences of imposition of sanctions for Russian economy as a whole, as well as highlight the impact of the introduction of anti-Russian and Russian sanctions on two sectors: banking and food industry. The first was chosen because it is an indicator of what is happening in the economy since a funding stream from the west has been blocked. As for the food industry - it is expected that the introduction of the embargo of the product will allow Russian companies to realize their potential and lead to the development of this sector. The imposition of sanctions, the fall of the ruble, as well as the decline in oil prices had a negative impact on Russian economy and the continuation of the current situation can greatly slow down its development in the future. According to our analysis we can draw the following conclusions: the banking sector came under several attacks at once (the prohibition of monetary financing from the west, the growth of past due accounts, the policy of the Central Bank. The food sector has potential for growth, but there is a lack of clear boundaries for the period of sanctions (which does not allow companies to invest in the development of food industry considerable sums, and declining purchasing power due to a significant increase in inflation for the past 2 years. The imposition of sanctions, the fall of the ruble, as well as the decline in oil prices had a negative impact on the Russian economy and the preservation of the current situation in the international arena can greatly slow down its development in the future.

  14. 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;}

  15. Company maturity models: Application to supplier development program in oil&gas sector

    Directory of Open Access Journals (Sweden)

    Jabier Retegi Albisua

    2018-04-01

    Full Text Available Purpose: In order to achieve excellence, outsourced maintenance contractors in Oil&Gas sector play a key role due to the important impact of their task on security, availability and energy consumption. This paper presents the process followed in order to implement a Supplier Development Program in a refinery using Company Maturity Model (CoMM and the results obtained in three cases validating the method to obtain a strategic improvement project medium term grid. Design/methodology/approach: The methodology followed consists of constructing a CoMM capturing the knowledge existing in the refinery and applying it with three supplier improvement teams. Findings and conclusions have arised through an observation of the three processes and extracting common conclusions. Findings: The resulting CoMM has been used for self-assessment by three suppliers and has demonstrated its potential to define a medium-term improvement project road map validated by the customer. Furthermore, during the design and application processes, the contribution of CoMMs to the SECI process of knowledge management has been observed. Practical implications: The use of CoMMs in a service contractor context can be applied in other sectors. It contributes to alignment of targets between the supplier and customer companies and to knowledge sharing inside both firms. Originality/value: Maturity models in many transversal fields (CMMI, EFQM, BPMM, PEMM, etc. have been thoroughly studied in the literature. Less effort has been made analysing the case of using maturity models constructed and implemented by a company for its specific purposes. In this paper, the process followed by a company to establish a Supplier Development Process using CoMMs is described.

  16. Price implications for Russia's oil refining

    International Nuclear Information System (INIS)

    Khartukov, Eugene M.

    1998-01-01

    Over the past several years, Russia's oil industry has undergone its radical transformation from a wholly state-run and generously subsidized oil distribution system toward a substantially privatized, cash-strapped, and quasi-market ''petropreneurship''. This fully applies to the industry's downstream sector. Still unlike more dynamic E and C operations, the country's refining has turned out better fenced off competitive market forces and is less capable to respond to market imperatives. Consequently, jammed between depressed product prices and persistent feedstock costs, Russian refiners were badly hit by the world oil glut - which has made a radical modernization of the obsolete refining sector clearly a must. (author)

  17. Oil policies and privatization strategies in Mexico: implications for the petrochemical sector and its production spaces

    International Nuclear Information System (INIS)

    Laguna, N.M.

    2004-01-01

    Through a retrospective analysis of Mexico's oil history, this work examines the privatization processes that occurred in the petrochemical sector, from the abolishment of the government's monopoly, Petroleos Mexicanos (PEMEX) during the 1980s, until the restructuring and open liberalization in the early 1990s, focusing on the areas incorporated to production processes, particularly along the Gulf coast. As a result of the industrial policies and regional development strategies promoted by the government from the sixties, oriented towards strengthening production in areas with the highest potential, attractive business investment areas were developed. These included southern Tamaulipas, a strategic region where a number of industrial factors facilitated access to raw materials at competitive prices, as well as their processing and distribution to local and international markets, all of these within a single location. The strategic nature of the petrochemical location and production have made southern Tamaulipas a key factor for the territorial shaping and industrial development linked to the behavior of transnational companies that, seeking comparative advantages, have relocated parts of their production capacity in this region

  18. Official quality controls and the fight against fraud in the olive oil sector in Catalonia. Results 2011–2014

    International Nuclear Information System (INIS)

    Cugat, G.; Biel, M.R.

    2016-01-01

    This article highlights the key aspects of the official control procedures concerning quality and in the fight against food fraud in the oil sector implemented in Catalonia by the Ministry for Agriculture, Livestock, Fisheries and Food of the Government of Catalonia and, more specifically, by the Subdirectorate General of Agri-food Inspection and Control. This summarized view focuses on issues related to the legality and competence framework for official controls, the goals and purpose thereof, the area’s object of investigation and technical scope, the stages of the food chain at which measures are carried out, the types of inspection and control actions and the main investigation techniques. It also presents the results of the inspections, with a summary of the types of irregularities detected in the olive oil sector over the 2011–2014 period. [es

  19. Environmental Accounting and Reporting in Fossil Fuel Sector : A Study on Bangladesh Oil, Gas and Mineral Corporation (Petrobangla)

    OpenAIRE

    Bose, Sudipta

    2006-01-01

    Petrobangla is the sole responsible organization to maintain the fossil fuel sector in Bangladesh. It is accountable to next generations for oil, gas and other natural resources. It is necessary to ensure optimum use of these resources. Development activities cannot be sustained if these resources are depleted through wasteful use. This study indicates that Petrobangla takes many initiatives to provide environment-friendly energy in the economy. Environmental Accounting and reporting is th...

  20. Analysis of policies to reduce oil consumption and greenhouse-gas emissions from the US transportation sector

    International Nuclear Information System (INIS)

    Ross Morrow, W.; Gallagher, Kelly Sims; Collantes, Gustavo; Lee, Henry

    2010-01-01

    Even as the US debates an economy-wide CO 2 cap-and-trade policy the transportation sector remains a significant oil security and climate change concern. Transportation alone consumes the majority of the US's imported oil and produces a third of total US Greenhouse-Gas (GHG) emissions. This study examines different sector-specific policy scenarios for reducing GHG emissions and oil consumption in the US transportation sector under economy-wide CO 2 prices. The 2009 version of the Energy Information Administration's (EIA) National Energy Modeling System (NEMS), a general equilibrium model of US energy markets, enables quantitative estimates of the impact of economy-wide CO 2 prices and various transportation-specific policy options. We analyze fuel taxes, continued increases in fuel economy standards, and purchase tax credits for new vehicle purchases, as well as the impacts of combining these policies. All policy scenarios modeled fail to meet the Obama administration's goal of reducing GHG emissions 14% below 2005 levels by 2020. Purchase tax credits are expensive and ineffective at reducing emissions, while the largest reductions in GHG emissions result from increasing the cost of driving, thereby damping growth in vehicle miles traveled. (author)

  1. Corporate social responsibility practices in the Nigerian oil sector: The case of Royal Dutch Shell

    Science.gov (United States)

    Rwabizambuga, Alexis

    The thesis contributes to the perspective on the role of stakeholder engagement in negotiating corporate social responsibility (CSR) policies and practices in developing country context. It critically examines the role of societal pressures as drivers of Shell's CSR agenda, and explores the forms of relationships existing between Shell and its stakeholders in Nigeria, as the company implements its CSR programme, both in the light of its strategic business objectives and of its social responsibilities and environmental liabilities. Furthermore, it examines the role of government in the oil MNCs' CSR agenda, and explores the conditions under which the government, in its dual role as business partner and as state authority, promotes CSR policies and practices in Nigeria. Shell's CSR policies and practices in Nigeria were examined under the theoretical lenses of the resource-based view perspective extended to notions of legitimacy and the licence to operate. Additionally, the stakeholder engagement perspective was applied as the theoretical framework for examining Shell's stakeholder engagement, and the role of the company's stakeholders in negotiating its current CSR policies and practices in Nigeria. Data collection was undertaken during field research in Nigeria. The evidence presented is drawn from individual interviews with corporate executives at Shell Nigeria, Shell International, several stakeholders in the Nigerian oil sector, and from an online survey conducted in 2005 on Shell Nigeria's stakeholders. Both quantitative and qualitative methods were used throughout the analysis presented in the thesis. The research findings suggest that the relationship between the firm's pursuit of the social licence to operate through CSR initiatives and stakeholder engagement is more complex than assumed. It adds to the understanding of the dynamics of a MNC's stakeholder engagement in the local context. It highlights the various interdependencies that develop between

  2. Petroleum Development in Russian Barents sea: Driving Forces and Constraints

    International Nuclear Information System (INIS)

    Moe, Arild; Joergensen, Anne-Kristin

    2000-01-01

    The potential of the Barents Sea for petroleum production has attracted interest for many years. In the Russian sector of this ocean, enormous gas finds and substantial oil resources have now been proven, and the first real licensing for field development in the area has just begun. Despite the area's potential, there are strong conflicts of interest. The report examines the forces alternatively driving and hindering offshore hydrocarbon development in the Russian sector of the Barents Sea. It describes exploration activities beginning during the Soviet period and extending to the present. The status of the major development projects financed in part with foreign capital, and conflicting regional and central government interests involved in such development, is described and evaluated. Coverage includes a discussion of the various regional interests in petroleum activities, with a particular focus on the conversion of naval yards in the area and the emergence of Rosshelf, an oil/gas conglomerate formed to facilitate such conversion. It also reviews the planned licensing rounds and the results of the first round. Finally, it discusses supplies from the Barents Sea in the context of overall Russian energy supply and energy development strategies. (author)

  3. Russian Federation [National and regional programmes on the production of hydrogen using nuclear energy

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2013-03-15

    The Russian Federation, one of the world's big energy superpowers, is rich in natural energy resources. It has the largest known natural gas reserves of any country on earth, representing 32% of the world's proven reserves. Furthermore, it has, with 157 billion t, the world's second largest coal reserves (10% of the explored coal reserves). The Russian Federation is the largest oil producer of the non-OPEC countries, and the second largest in the world after Saudi Arabia. It has the biggest oil shale reserves in Europe, equal to 35.47 billion t of shale oil. Last but not least, it possesses 8% of the proven uranium reserves. In recent years, the Russian Federation has identified the gas sector as being of key strategic importance. The share of natural gas as a primary energy source is remarkably high compared with the rest of world. Gazprom has a monopoly for the natural gas pipelines and has the exclusive rights to export natural gas, and thus controls their access to the European market. The total primary energy consumption in the Russian Federation was 665 Mtoe in 2007, down from 871 Mtoe in 1990, with 55% covered by natural gas, 20% by oil and 15% by coal. It is the world's fourth largest electricity producer after the USA, China and Japan. In 2007, it produced 1013 TW.h of electricity. Roughly 67% of the Russian Federation's electricity is generated by thermal plants, 17% by hydropower and 17% by nuclear reactors. The Russian Federation is the world's leading net energy exporter and a major supplier to the European Union. In the Russian Federation, about 40% of electric power and 85% of heat supply, mainly in cogeneration, is covered by regional power industries with power plant units of {approx}300 MW(th).

  4. Data as an asset: What the oil and gas sector can learn from other industries about “Big Data”

    International Nuclear Information System (INIS)

    Perrons, Robert K.; Jensen, Jesse W.

    2015-01-01

    The upstream oil and gas industry has been contending with massive data sets and monolithic files for many years, but “Big Data” is a relatively new concept that has the potential to significantly re-shape the industry. Despite the impressive amount of value that is being realized by Big Data technologies in other parts of the marketplace, however, much of the data collected within the oil and gas sector tends to be discarded, ignored, or analyzed in a very cursory way. This viewpoint examines existing data management practices in the upstream oil and gas industry, and compares them to practices and philosophies that have emerged in organizations that are leading the way in Big Data. The comparison shows that, in companies that are widely considered to be leaders in Big Data analytics, data is regarded as a valuable asset—but this is usually not true within the oil and gas industry insofar as data is frequently regarded there as descriptive information about a physical asset rather than something that is valuable in and of itself. The paper then discusses how the industry could potentially extract more value from data, and concludes with a series of policy-related questions to this end. -- Highlights: •Upstream oil and gas industry frequently discards or ignores the data it collects •The sector tends to view data as descriptive information about the state of assets •Leaders in Big Data, by stark contrast, regard data as an asset in and of itself •Industry should use Big Data tools to extract more value from digital information

  5. Oil and natural gas in Russia's eastern energy strategy: Dream or reality?

    International Nuclear Information System (INIS)

    Mareš, Miroslav; Laryš, Martin

    2012-01-01

    The article analyses Russia's Eastern energy strategy in the sectors of oil and natural gas, presenting its main aspects and examining it from the security perspective against the backdrop of official Russian documents. The goals set by the strategy are compared with the steps presently taken and planned by the Russian administration, as well as with short- and medium-term Russian energy policies in the sectors of oil and natural gas. The authors conclude that implementation of the Energy Strategy to 2030 in the sectors of oil and natural gas will be highly complicated in the Eastern vector of Russian politics and achievable only if new deposits are found. - Highlights: ► We compare goals of the Russia's Eastern energy strategy in the sectors of oil and natural gas with real policy.► In the Eastern vector are included China, both Korean states and Japan. ► For Russia's energy strategy to 2030 the Eastern market in the sector of oil and natural gas is advantageous and desirable. ► The present conditions can bring economic as well as political risks.

  6. Health and wellness trends in the oil and gas sector : insights from the Shepell-fgi Research Group

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2009-07-01

    This report discussed health and wellness trends in the oil and gas sector in relation to employee assistance program (EAP) data. The data were derived from oil and gas client organizations across Canada for 2008, and represented a population base of 14,685 employees. The data demonstrated that EAP utilization in the petroleum industry increased by approximately 5 per cent from 2006 to 2008. The sector's utilization was 34 per cent higher than the Canadian norm in 2006, and 40 per cent higher than in 2007 and 2008. Females used the EAP to a greater extent than males. A higher proportion of the spouses of workers accessed EAP than the national norm. Employees accessed EAP for assistance with work-life issues; family support services; and substance abuse interventions. Weight management and dietary consultations in relation to disease control were also of concern within the sector. A 66 per cent increase in childcare issues was noted, as well as a 148 per cent increase in eldercare issues, and a 112 per cent increase in addiction issues. The findings indicated that the EAP is being effectively communicated as a relevant and accessible tool. As the industry continues to develop in remote regions, new services and resources will be required to retain existing workforces and attract new employees. Prevention-focused training and services and program for at-risk groups are needed to ensure that employee health and productivity is maintained. 1 tab., 4 figs.

  7. How important are national companies for oil and gas sector performance? Lessons from the Bolivia and Brazil case studies

    International Nuclear Information System (INIS)

    Paz Antolín, María José; Ramírez Cendrero, Juan Manuel

    2013-01-01

    Control of natural resources, especially oil and gas, has been a major issue in the consideration of underdevelopment. In the present commodity boom, some Latin American economies are reforming their resource exploitation regimes, especially those issues linked with foreign capital share. The purpose of this report is to analyze these changes in the Bolivian and Brazilian oil and gas sectors in order to answer such questions as: Which property system combining public and private capital is the most suitable? Which regulating framework can guarantee a sustainable increase in output and investment? Our analyses lead to the conclusion that the regulatory framework can establish a particular ownership structure that is considered favorable for improving the performance of oil and gas sector, but the internal dynamics and the historical trajectories of enterprises will also be determining factors that interact with the given regulatory framework, generating mixed results. - highlights: • We analyze the influence of the regulatory framework in the growth of production. • We analyze the influence of the regulatory framework in investment dynamics. • We compare the regulatory frameworks for Brazil and Bolivia. • We compare the importance of public and private companies in hydrocarbons in Brazil and Bolivia

  8. Changes in productivity in the virgin olive oil sector: An application to Protected Designations of Origin in Spain

    Directory of Open Access Journals (Sweden)

    Juan Aparicio

    2016-08-01

    Full Text Available Virgin olive oil is a key ingredient of the renowned Mediterranean diet. In this context, the main objective of this study was to estimate and decompose productivity change for Protected Designations of Origin (PDOs in the Spanish virgin olive oil sector for the period 2008-2013. To this end, we introduced a Luenberger-type indicator based on a specific weighted additive model in Data Envelopment Analysis (DEA, which, in contrast to previous studies, captured all sources of inefficiency and avoided infeasibilities. Regarding the results, we found a reduction in productivity, in average terms, in the first periods analyzed (-0.12 and -1.65, followed by an improvement (0.79 and 0.54, that in the last period analyzed (2012-2013, however, returned to adverse figures (-0.47. In Spain, where foreign competition is weak, the most productive PDOs were those with an important number of oil mills and packaging/marketing companies such as “Montes de Toledo” and “Siurana”; productivity changes were mainly the consequence of downwards and upwards of the frontier of the technology over time. These changes were explained, to a certain extent, by the evolution of the economic crisis; and the productivity of the sector declined, in general, from 2008 to 2010, improving thereafter except for the last registered period, 2012-2013, where expectations for market recovery exceeded actual sales.

  9. Changes in productivity in the virgin olive oil sector: An application to Protected Designations of Origin in Spain

    Energy Technology Data Exchange (ETDEWEB)

    Aparicio, J.; Monge, J.F; Ortiz, L.; Pastor, J.T.

    2016-11-01

    Virgin olive oil is a key ingredient of the renowned Mediterranean diet. In this context, the main objective of this study was to estimate and decompose productivity change for Protected Designations of Origin (PDOs) in the Spanish virgin olive oil sector for the period 2008-2013. To this end, we introduced a Luenberger-type indicator based on a specific weighted additive model in Data Envelopment Analysis (DEA), which, in contrast to previous studies, captured all sources of inefficiency and avoided infeasibilities. Regarding the results, we found a reduction in productivity, in average terms, in the first periods analyzed (-0.12 and -1.65), followed by an improvement (0.79 and 0.54), that in the last period analyzed (2012-2013), however, returned to adverse figures (-0.47). In Spain, where foreign competition is weak, the most productive PDOs were those with an important number of oil mills and packaging/marketing companies such as “Montes de Toledo” and “Siurana”; productivity changes were mainly the consequence of downwards and upwards of the frontier of the technology over time. These changes were explained, to a certain extent, by the evolution of the economic crisis; and the productivity of the sector declined, in general, from 2008 to 2010, improving thereafter except for the last registered period, 2012-2013, where expectations for market recovery exceeded actual sales. (Author)

  10. Legal system regulating foreign investments in the oil and gas sector in Russia

    International Nuclear Information System (INIS)

    Antonova-Michiels, V.

    2004-06-01

    In the present international circumstances, Russia is becoming more and more interesting country for foreign investors with her huge reserves of natural resources. Today there are a lot of possibilities for foreigners there. They have a choice between the negotiation of production sharing agreement (PSA) with the State, or the foundation of companies with the Russian company that already has a licence. It seems that this solution is increasingly common: the Russian authorities are really reserved to give up the exploitation rights of their richness to investors by means of a production sharing agreement. In addition, the introduction of new amendments to the PSA Law in 2003 means in a way the death for production sharing agreement, et the logical result for licences to become the exclusive form of the mining rights acquisition in Russia. (author)

  11. Biocorrosive activity analysis of the oil pipeline soil in the Khanty-Mansiysk Autonomous Region of Ugra and the Krasnodar Territory of the Russian Federation

    Science.gov (United States)

    Chesnokova, M. G.; Shalay, V. V.; Kriga, A. S.

    2017-08-01

    The purpose of the study was to assess the biocorrosive activity of oil pipeline soil in the Khanty-Mansiysk Autonomous Region of Yugra and the Krasnodar Territory of the Russian Federation, due to the action of a complex of factors and analysis of sulfate-reducing and thionic bacteria content. The number of bacteria in the sulfur cycle (autotrophic thionic and sulfate-reducing bacteria), the total concentration of sulfur and iron in soil samples adjacent to the surface of underground pipelines, the specific electrical resistivity of the soil was determined. A criterion for the biocorrosive activity of the soil (CBA) was established. The study of the biocorrosive activity of the soil has established its features in the area of the oil pipeline construction in the compared territories. In the soil of the Krasnodar Territory pipeline, aggressive samples were recorded in 5.75% of cases, samples with moderate aggressiveness (49.43%), with weak soil aggressiveness (42.53% of cases), and samples with potential aggressiveness (2.30%). On the territory of the Khanty-Mansiysk Autonomous Region of Yugra, samples with weak soil aggressiveness prevailed (55.17% of cases), with moderate aggressiveness (34.5% of cases). When carrying out multiple regression analysis in the system of variables "factors of soil biocorrosive activity", informative data of modeling the indicator "the content of thiobacteria in soil" was established. The results of the research show the need for dynamic monitoring and the development of preventive measures to prevent biocorrosion.

  12. Unknown Russian giant

    International Nuclear Information System (INIS)

    Ross, Priscilla.

    1996-01-01

    The present position and future potential of the Russian oil company Tatneft are assessed. Tatneft, the eighteenth largest oil company in the world, has 85 oil fields and over 20,700 production wells. In 1995, it increased its production by 6% to 504,000bpd and its crude oil exports outside Russia were 213,000bpd. The company forms the basis of the oil industry in the semi-autonomous republic of Tatarstan. Tafneft became a joint stock company in May 1994 with the government of Tatarstan as the largest shareholder with a 46% stake. Although Tafneft produces far more crude than Conoco or YPF, its market capitalisation per barrel of production is only 5% of these companies. Its long-term future lies in successfully increasing production and enhancing financial performance. The former is being addressed through enhanced oil recovery methods and various joint ventures are being entered into with western partners in order to tap foreign expertise and to finance modern equipment. The achievement of the latter requires an improvement towards world prices of the price for Russian domestic crude and a reduction in the tax burden away from revenue towards a profits basis. (UK)

  13. The prices of the oil sector; from competition to collusion: risks and benefits, in the Colombian energy market

    International Nuclear Information System (INIS)

    Perez Bedoya, Edigson

    1996-01-01

    The topic that has been presented for time one comes only analyzing as a result of the variations of the international prices of the raw one, which are owed in great measure to the stimulus of uses of new and better energy alternatives but that it complete the principle of the minimum cost, maximum benefit. From this perspective is en routed the development of the Colombian energy sector. The exercise that thinks about, is to present the notions and basic applications of a collusion model inside the oil market that analyzed it could be an alert voice for some of the managers of the private sector that ignoring some elements of the theory of games can incur in some mistakes in the energy market

  14. Psychosocial Determinants of Conflict-Handling Behaviour of Workers in Oil Sector in Nigeria

    Science.gov (United States)

    Bankole, Akanji Rafiu

    2011-01-01

    The study examined the joint and relative influence of three psychosocial factors: Emotional intelligence, communication skill and interpersonal skill on conflict-handling behaviour of oil workers in Nigeria. Survey research design was adopted and a sample of 610 workers was randomly selected from oil companies across the country. Data were…

  15. Russian Innovative Potential in the Conditions of Economic Sanctions: Reserves of Grown

    Directory of Open Access Journals (Sweden)

    Rustem M. Nureev

    2016-12-01

    Full Text Available The paper analyzes the impact of economic sanctions in general for innovative development of Russia, as well as individual sectors of oil, gas, financial and banking sector. It is shown that the ban on exports to the Russian oil and gas technology has led to the freezing of existing and refusal to enter into new projects. Increased production and export of US oil and gas have led to an increase in excess of the global scope of these types of raw materials and led to long-term downward trend in world energy prices. In recent years there has been a sharp decline in the net inflow of foreign direct investment in Russia, which exacerbates the problem of domestic sources of domestic innovation policy. The effect of sanctions on the development of the Russian economy as a whole and its individual regions is condifered. The paper describes the approaches to the definition of the innovation potential of the Russian region, identified several levels of manifestation of the region's potential and its characteristics, provides a definition of the region's innovation potential, discussed the factors influencing the development of the region's innovative capacity. The current state of the regional innovation system of the Russian Federation is analysed. The paper describes the main tasks of the Russian Federation Innovative Development Strategy for the period up to 2020. The degree of implementation of the Strategy, problems and prospects of realization of the basic provisions of the Strategy, the impact of the implementation of the Strategy on the Russian economy, its position in the index business are analysed in the paper.

  16. The Institutional Arrangements in the Palm Oil Sector: Effort to Spur Economic Growth in Rural Areas

    Directory of Open Access Journals (Sweden)

    Almasdi Syahza

    2011-12-01

    Full Text Available Palm Oil is a fantastic plant for the people of Riau Province. It can be seen from the rapid development of plantations, in 2001 palm oil plantations covered an area of 1,119,798 ha and in 2010 it increased to 1,925,341 ha with a growth of 36.02%. Palm oil plantation activities brought economic impact on society, both for the people who are directly involved with the activities of plantations and for their surrounding community. To anticipate the rapid development, a model avoiding inequality of income among farmers needs to be designed, especially for self-supporting farmers in a partnership pattern. Institutional model aims to increase the welfare of rural farmers in the form of Palm Oil Based Agroestate (ABK. The concept of Palm oil Based Agroestate collaborates between farmers, cooperatives, and business enterprises. Through the ABK program, farmers will have an opportunity to buy/have shares of the Palm oil Factory (PKS. There are two main business activities of ABK model; first, business activities that build palm oil plantations and factories of the derivative industry; if necessary the settlement of participaing farmers will be established by the developers; second, managing plantations and participating farmers-owned factories as well as market the products carried out by a business enterprise or a cooperative formed by the participant farmers.

  17. EXPANSION OF RUSSIAN MNCs CONTINUES: THE M&A ROAD

    Directory of Open Access Journals (Sweden)

    CLAUDIA ISAC

    2013-12-01

    Full Text Available This paper focuses on the expansion of Russian MNCs in the world and especially in Europe. Thus, after an introduction about the role of MNCs in the context of economic globalization we have presented theoretically the expansion levers of MNCs through mergers and acquisitions. The largest part of the work aims at analyzing the way Russian MNCs were able to expand their activities in most countries in Europe and North America, the allocation of foreign investments in the economic sectors in which MNCs are prevailing and especially in the field of extraction and processing such natural resources as gas, oil, coal and steel. At the end of the paper we have outlined a structure of MNCs and we have pointed out the importance of these companies for the economic development and growth.

  18. Planning for Higher Oil Prices : Power Sector Impact in Latin America and the Caribbean

    OpenAIRE

    Yépez-García, Rigoberto Ariel; San Vicente Portes, Luis; García, Luis Enrique

    2013-01-01

    A scenario with higher oil prices has important implications for diverting from oil-based technologies to renewables, as well as gas, coal, and nuclear alternatives. By 2030, energy demand in Latin America and the Caribbean (LAC) is expected to double from 2008 levels. A key issue is deciding on the most appropriate mix of fuels for power generation, given the various prices of energy sour...

  19. 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)

  20. The role of the European Bank in the energy sector

    International Nuclear Information System (INIS)

    Coleman, John

    1994-01-01

    The European Bank for Reconstruction and Development was established in 1991 and is owned by the western industrialized countries, including Canada, and the former communist countries of Europe and Central Asia. Its purpose is to assist the latter to make the transition from command to market economies in a democratic framework. In the energy sector, most of the EBRD's lending has been in the oil and gas sector in Russia, but it is open for business in other sectors and in all countries of operation. Unlike other development banks, the EBRD is prepared to finance nuclear power projects. The bank is also prepared to finance conventional power plants where these would permit the closure of obsolete or unsafe nuclear plants. In the oil and gas sector, most of the EBRD's lending has related to private sector, joint venture projects aimed at oil field rehabilitation and development. The private sector ventures supported by the Bank normally involve joint stock companies owned 50 per cent by western partners and 50 per cent by Russian state oil companies, which are being privatized or are operating according to private sector principles. (author)

  1. Nord Stream, the German-Russian oil pipeline under the Baltic Sea from the Swedish point of view

    International Nuclear Information System (INIS)

    Crone, Olivier

    2007-01-01

    Nord Stream is a 1.200 km long gas pipeline project between Russia and Germany through the Baltic Sea. It crosses the Swedish, Danish, and Finnish economic zones, and, at mid-way, comprises a control platform about which any traffic will be forbidden within a radius of 500 m. After having recalled some design aspects of this project, the author discusses whether it results in some energetic benefits for Sweden where the project has been a matter of debates on environmental and safety issues. It appears that Sweden is not interested at all in importing fossil energies, and that politicians are opposed to this project, but have no influence on it as the pipeline does not cross Swedish territorial waters. After having evoked the role of Gazprom as energetic weapon of the Russian foreign policy, the author discusses safety issues related to this pipeline and its control platform, and environmental risks as they are perceived by Sweden. Sweden indeed perceives the project infrastructure as being possibly used as a spying tool. As far as environmental issues are concerned, Nord Stream is to submit an environmental impact assessment to Denmark, Finland, Sweden, Germany and Russia. As a Swedish law could constrain and even impede the project, some alternate tracks are already envisaged and studied for the pipeline in order to minimise the environmental impact

  2. Outward bound: Unprecedented opportunity lures all Canadian energy sectors to international oil scene

    International Nuclear Information System (INIS)

    Jaremko, G.

    1998-01-01

    The global dimensions of Canadian energy enterprises were reviewed. It has been found that as the Western Canadian Sedimentary Basin is getting more mature, the opportunities in Canada are declining, hence the worldwide involvements of Canadian oil and service and supply companies in exploration, drilling, production and servicing in many parts of the world. Canadian Occidental Petroleum in Yemen, Canadian Fracmaster in Russia, Destiny Resource Services in South America, Gabon, Yemen and Papua New Guinea, Pacalta Resources Limited in Ecuador, Talisman Energy in Indonesia, TransCanada Pipelines, Ocelot Energy Inc and Nova Corporation building pipelines in South America and in Zambia, and Atco everywhere, are just some of the examples cited. So far, Canadian push abroad is short of a rush as only 10 per cent of spending and production by Canadian oil and gas companies is overseas, compared to 50 per cent for Americans. The ratio is about the same for Canadian service and supply companies. Canada has the advantage of being almost the only industrial society without an unpleasant imperial past. That, combined with the 'nice guy' image of the maple leaf will inevitably lead to even greater Canadian share of the international oil and gas business. The decline in the traditional role of U. S. companies in global oil markets after 1985 (according to a recent API report) and the tremendous opportunities created by the opening of the former Soviet Union to foreign capital will also contribute to enhancing the international role played by Canadian oil, gas, and service and supply companies

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

    International Nuclear Information System (INIS)

    2003-09-01

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

  4. Economic feasibility study of biodiesel production by direct esterification of fatty acids from the oil and soap industrial sector

    Directory of Open Access Journals (Sweden)

    M.I. El-Galad

    2015-12-01

    Full Text Available Industrial production of biodiesel fuel in Egypt by the transesterification of vegetable oils is being faced with the problem of feedstock shortage. Egypt imports annually about 90% of its needs as edible oils for human consumption. The production of biodiesel by direct esterification of fatty acids that can be obtained from the oil and soap industrial sector in huge quantities each year (around 16 thousand tons may be a proper solution to this problem. According to results of a previous study [1], the biodiesel produced following this approach and using methyl alcohol was quite efficient as an alternative fuel for diesel engines. However, the process should be economically feasible for application on an industrial scale. The present study assessed the economic feasibility of biodiesel production by direct fatty acid esterification. Complete process simulation was first carried out using the process simulation software, Aspen HYSYS V7.0. The process was then designed comprising four main steps being esterification, solvent recovery, catalyst removal and water removal. The main processing units include the reactor, distillation column, heat exchangers, pumps and separators. Assuming that the rate of fatty acids esterified was 2 ton/h, all process units required have been sized. Total capital investment, total manufacturing cost and return on investment were all estimated. The latter was found to be 117.1% which means that the production process is quite economically feasible.

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

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2003-09-01

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

  6. Impact of Fukushima nuclear disaster on oil-consuming sectors of Japan

    OpenAIRE

    Taghizadeh-Hesary, Farhad; Yoshino, Naoyuki; Rasoulinezhad, Ehsan

    2017-01-01

    The Fukushima Daiichi nuclear disaster was an accident at the Fukushima I Nuclear Power Plant in Fukushima, Japan, which resulted primarily from the tsunami following the Tohoku earthquake on 11 March 2011, and which led to year-long nuclear shutdown in the country. During the shutdown, Japan substituted fossil fuels for nuclear power and became more dependent on import and consumption of fossil fuels including oil, gas, and coal. In this paper, we try to shed light on the elasticity of oil c...

  7. The effects of carbon prices and anti-leakage policies on selected industrial sectors in Spain – Cement, steel and oil refining

    International Nuclear Information System (INIS)

    Santamaría, Alberto; Linares, Pedro; Pintos, Pablo

    2014-01-01

    This paper assesses the impacts on the cement, steel and oil refining sectors in Spain of the carbon prices derived from the European Emissions Trading Scheme (EU ETS), and the potential effect on these sectors of the European Union anti-leakage policy measures. The assessment is carried out by means of three engineering models developed for this purpose. Our results show a high exposure to leakage of cement in coastal regions; a smaller risk in the steel sector, and non-negligible risk of leakage for the oil refining sector when carbon allowance prices reach high levels. We also find that the risk of leakage could be better handled with other anti-leakage policies than those currently in place in the EU. - Highlights: • We simulate the impact of carbon prices on the risk of leakage in the cement, steel and oil refining sectors. • We also assess the effectiveness of different anti-leakage policies in Europe. • Cement production in coastal areas is highly exposed. • The risk of leakage for steel and oil refining is smaller. • Anti-leakage policies should be modified to be efficient

  8. Russian JV workovers proliferating

    Energy Technology Data Exchange (ETDEWEB)

    1992-11-09

    Well remediation is gathering momentum in Russia as more companies apply western technology to idle wells. Western petroleum technology is being widely hailed as the best way to halt the decline in crude oil production in Russia and other members of the former Soviet Union. More than 20,000 Russian wells are estimated idle, many of which observers say could be returned to service with western know-how. Progress has been outlined on two significant projects in the Komi and Chechen autonomous republics of Russia: KomiQuest Ltd., a joint venture of an international group of companies and Komi republic agencies, has used a Russian rig and crew to work over four wells and started producing oil in one of four Vozey area oil fields in the Komi republic. A Chechen republic delegation led by President Dzhahar Jusyavitch Dudaev last month in Houston let a 2 year contract worth about $100 million to Enforce Energy Corp., San Antonio, covering workover, drilling, and other services in two oil fields north of the Chechen capital of Grozny.

  9. Russian Capital in Latvia: Trends and Perspectives

    Directory of Open Access Journals (Sweden)

    N A Volgina

    2015-12-01

    Full Text Available The article deals the issue of the positions of Russian capital in Latvian market. The paper aims to estimate the volume and dynamics of Russian capital inflows into Latvia in compliance with Russian economic interests; to identify key sectors of Latvian economy that Russian capital is interested to invest in; to systemize information concerning Russian firms investing in Latvia; to assess the role of Russian capital in Latvian economy in comparison with other foreign investors; to propose author’s view on challenges and perspectives of Latvian-Russian investment cooperation in the situation of economic sanctions and geo-political conflict in east Ukraine. The author underlines that at the end of 2013, investments of Russian business to Latvia constituted about 5.0% of the total FDI stock and by that time Russia was the 7th largest investor with 0.5 bln euro of capital invested. The main sectors of Russian interests in Latvia are - gas supply, transport communications (transit corridors, banking and real estate. The article concludes that though the future of Russian-Latvian economic relations in the short-run is on a substantial pressure of geopolitical factors, the economic interests in mutual investment relations will prevail in the long-run perspectives.

  10. Pain without gain? Reviewing the risks and rewards of investing in Russian coal-fired electricity

    International Nuclear Information System (INIS)

    Gorbacheva, Natalya V.; Sovacool, Benjamin K.

    2015-01-01

    Highlights: • This study explores the risks and rewards facing coal in Russia. • Rewards include low costs, investment, rural modernization, exports, and innovation. • Risks include development challenges, air pollution and climate change, and policy support. - Abstract: Coal use—and thus investment—is expected to grow considerably in the Russian Federation over the next few decades. Projections suggest that at least $200 billion of investment will be needed to modernize existing coal-fired power plants by 2030, but the bulk of this financing is to come from the private sector or foreign enterprises. This study asks: what are the possible investment risks and rewards of pursuing this expansion of coal in the Russian power sector? To provide an answer, the study uses a mixed methods approach consisting of elite semi-structured interviews and a review of English and Russian peer-reviewed literature. The study provides a brief overview of the Russian electricity sector before discussing five distinct rewards to investing in coal such as low production costs, competitive returns on investment, rural modernization, expansion of exports, and the acceleration of innovation. These benefits however are offset by five risks: inferior performance to investments in oil and gas, development challenges, air pollution and climate change, social degradation from mining, and a tradeoff with existing policies incentivizing renewable energy and energy efficiency. The study concludes by analyzing what these disparate risks and rewards mean for policymakers and energy analysts

  11. Degradation of oil products in a soil from a Russian Barents hot-spot during electrodialytic remediation

    DEFF Research Database (Denmark)

    Pedersen, Kristine B.; Lejon, Tore; Jensen, Pernille Erland

    2016-01-01

    A highly oil-polluted soil from Krasnoe in North-West Russia was used to investigate the degradation of organic pollutants during electrodialytic remediation. Removal efficiencies were up to 70 % for total hydrocarbons (THC) and up to 65 % for polyaromatic hydrocarbons (PAH). Relatively more...... of the lighter PAH compounds and THC fractions were degraded. A principal component analysis (PCA) revealed a difference in the distribution of PAH compounds after the remediation. The observed clustering of experiments in the PCA scores plot was assessed to be related to the stirring rate. Multivariate analysis...... of the experimental settings and final concentrations in the 12 experiments revealed that the stirring rate of the soil suspension was by far the most important parameter for the remediation for both THC and PAH. Light was the second most important variable for PAH and seems to influence degradation. The experimental...

  12. On general principles of supplying safe operation of sea objects of Russian Federation oil and gas complex in ice conditions

    Directory of Open Access Journals (Sweden)

    Kukui Firmin Jeevo

    2016-12-01

    Full Text Available Ice sheet exerts a force on the hydraulic structures and vessels with developing and transporting hydrocarbons in the offshore waters of the Arctic causing to strengthen their design and/or provide additional measures against ice loads. The risk of ice impacts on objects of offshore oil and gas fields of the Arctic region determines the existence of the problem of ensuring the sustainability of these objects in terms of iceberg danger and ice formations. Reducing these risks involves the development of organizational and technical measures for improving the sustainability of the facilities in terms of iceberg danger through the use of international experience and development of advanced technologies to prevent dangerous effects of ice formations. Based on the fact that ice management is a specific activity that requires special effort and funds which as part of the rescue security (RS forces at sea are missing, as well as on the basis of the fact that the system of RS at sea is not assigned to prevent accidents and to ensure the smooth operation of offshore facilities, an ice management is seen as an independent kind of ensuring the proper functioning objects of hydrocarbons production and marine transportation. The paper considers the analysis and synthesis of domestic and foreign experience of ice and iceberg management. A system of security measures for functioning marine oil and gas facilities in icy conditions on the basis of technology of preventing dangerous effects of ice formations has been worked out. It has been shown that the system of ice and iceberg management of marine objects of hydrocarbon production and marine transportation should be a practical mechanism for reducing deposits' operation risks in ice conditions. The work relates to the safe operation of mining platforms in the Arctic seas, and more particularly, to methods and means of influence on the icebergs in order to prevent collisions with fixed or floating production

  13. Movable chromatemass-spectrometer for attestation of working places in oil-gas processing sector

    International Nuclear Information System (INIS)

    Nuriev, K.Z.; Kolesnikova, U.P.; Balayeva, A.A.

    2005-01-01

    Small capacity chromatomass-spectrometer (KhS) intended for defining chemical compound of the atmosphere weather in open and close locations for the purpose of attestation of working places in the oil gas production plants. Characteristics and parameters of all nodes of KhS, playing a certain part in realization of given device were given and based. Accounts and constructive parameters of concrete KhS and technical activities of developed device were actuated

  14. Role of the provincial government of Saskatchewan in encouraging growth in the oil and gas sector

    International Nuclear Information System (INIS)

    Lautermilch, E.

    1997-01-01

    The year 1996 was one of the most successful years for the oil and gas industry in Saskatchewan. In the view of the author this may be said to be due, at least in part, to the provincial government's efforts to establish and implement policies that stimulate economic activity. Government regulation is essential to ensure safe and sensible development, a level playing field for all participants, and to ensure that residents of the province receive a fair share of the benefits of resource development. Some of the positive government actions taken in 1996 include: revisions to the royalty rate structure, simplification of the natural gas administration system, a program to encourage exploration in less-explored areas, re-balancing electrical rates, and a review of all regulations with the goal of streamlining or eliminating them. New technologies such as horizontal drilling were also encouraged. Issues presently before the government include postage stamp tolls, global warming, greenhouse gas emissions and environmental concerns from farmers. On the whole, the oil and gas industry received high marks for taking a responsible approach to self-regulation, but continued public support will depend on how well the industry addresses environmental concerns and demonstrates the benefits of oil and development to the people

  15. The role of the European Bank in the energy sector

    International Nuclear Information System (INIS)

    Coleman, J.

    1993-01-01

    The European Bank for Reconstruction and Development was established in 1991 to assist central and eastern European countries in making the transition from command economies to market economies. The Bank provides loans, equity investments, guarantees, advice, and technical cooperation to qualified applicants through its merchant banking and development banking operations. In the energy sector, the Bank recognizes that the energy resources of eastern Europe are enormous but so are the problems associated with their development. Since its foundation, most of the Bank's energy-related lending has been in the oil and gas sector in Russia and the Baltic countries. The Bank has approved eight projects in that sector with total capital costs of ca US$1.7 billion. Major problem areas to be overcome include uneconomic domestic pricing, high energy intensity and pollution, inadequate legal frameworks, inappropriate tax structures, and institutional complexity. Canadian firms have been actively involed in Bank-financed projects in the Russian oil and gas sector, and two such projects are briefly described. They comprise joint ventures with Russian enterprises or associations and include rehabilitation of Siberian oil fields and drilling new wells in the Komi (Arctic) region. A common feature of these projects is that they were well under way before the Bank got involved, but the Bank brings the benefits of additional financing and providing moral support and expertise which can be useful in overcoming administrative and regulatory difficulties

  16. Carbon footprint as an instrument for enhancing food quality: overview of the wine, olive oil and cereals sectors.

    Science.gov (United States)

    Pattara, Claudio; Russo, Carlo; Antrodicchia, Vittoria; Cichelli, Angelo

    2017-01-01

    The quantification of greenhouse gases (GHG) emissions represents a critical issue for the future development of agro-food produces. Consumers' behaviour could play an important role in requiring environmental performance as an essential element for food quality. Nowadays, the carbon footprint (CFP) is a tool used worldwide by agro-food industries to communicate environmental information. This paper aims to investigate the role that CFP could have in consumers' choices in three significant agro-food sectors in the Mediterranean area: wine, olive oil and cereals. A critical review about the use of CFP was carried out along the supply chain of these three sectors, in order to identify opportunities for enhancing food quality and environmental sustainability and highlighting how environmental information could influence consumers' preferences. The analysis of the state of the art shows a great variability of the results about GHG emissions referred to agricultural and industrial processes. In many cases, the main environmental criticisms are linked to the agricultural phase, but the other phases of the supply chain could also contribute to the increased CFP. However, despite the wide use of CFP by companies as a communication tool to help consumers' choices in agro-food products, some improvements are needed in order to provide clearer and more understandable information. © 2016 Society of Chemical Industry. © 2016 Society of Chemical Industry.

  17. 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.

  18. Rebound and disinvestment effects in refined oil consumption and supply resulting from an increase in energy efficiency in the Scottish commercial transport sector

    International Nuclear Information System (INIS)

    Anson, Sam; Turner, Karen

    2009-01-01

    In this paper, we use an energy-economy-environment computable general equilibrium (CGE) model of the Scottish economy to examine the impacts of an exogenous increase in energy augmenting technological progress in the domestic commercial Transport sector on the supply and use of energy. We focus our analysis on Scottish refined oil, as the main type of energy input used in commercial transport activity. We find that a 5% increase in energy efficiency in the commercial Transport sector leads to rebound effects in the use of oil-based energy commodities in all time periods, in the target sector and at the economy-wide level. However, our results also suggest that such an efficiency improvement may cause a contraction in capacity in the Scottish refined oil supply sector. This 'disinvestment effect' acts as a constraint on the size of rebound effects. However, the magnitude of rebound effects and presence of the disinvestment effect in the simulations conducted here are sensitive to the specification of key elasticities of substitution in the nested production function for the target sector, particularly the substitutability of energy for non-energy intermediate inputs to production.

  19. Rebound and disinvestment effects in refined oil consumption and supply resulting from an increase in energy efficiency in the Scottish commercial transport sector

    Energy Technology Data Exchange (ETDEWEB)

    Anson, Sam [Transport Analytical Services, Scottish Government, Victoria Quay, Edinburgh, EH6 6QQ (United Kingdom); Turner, Karen [Department of Economics, University of Strathclyde, Sir William Duncan Building, 130 Rottenrow, Glasgow G4 0GE (United Kingdom)

    2009-09-15

    In this paper, we use an energy-economy-environment computable general equilibrium (CGE) model of the Scottish economy to examine the impacts of an exogenous increase in energy augmenting technological progress in the domestic commercial Transport sector on the supply and use of energy. We focus our analysis on Scottish refined oil, as the main type of energy input used in commercial transport activity. We find that a 5% increase in energy efficiency in the commercial Transport sector leads to rebound effects in the use of oil-based energy commodities in all time periods, in the target sector and at the economy-wide level. However, our results also suggest that such an efficiency improvement may cause a contraction in capacity in the Scottish refined oil supply sector. This 'disinvestment effect' acts as a constraint on the size of rebound effects. However, the magnitude of rebound effects and presence of the disinvestment effect in the simulations conducted here are sensitive to the specification of key elasticities of substitution in the nested production function for the target sector, particularly the substitutability of energy for non-energy intermediate inputs to production. (author)

  20. Optimising Russian natural gas - reform and climate policy

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2006-07-18

    The world's largest gas producer and exporter, Russia has an enormous energy saving potential. At least 30 billion cubic meters, a fifth of Russian exports to European OECD countries, could be saved every year by enhanced technology or energy efficiency. As the era of cheap gas in Russia comes to an end, this potential saving is increasingly important for Russians and importing countries. And, as domestic gas prices increase, efficiency investments will become increasingly economic - not to mention the incentive for Gazprom to enhance its efficiency against a backdrop of high European gas prices. The book analyzes and estimates the potential savings and the associated reductions in greenhouse gas emissions in the oil extraction (flaring), gas transmission, and distribution sectors. Achieving these savings will require linking long-standing energy efficiency goals with energy sector reforms, as well as climate policy objectives. The book also describes Russia's emerging climate policy and institutional framework, including work still ahead before the country is eligible for the Kyoto Protocol's flexibility mechanisms and can attract financing for greenhouse gas reductions. Stressed is the need for Russia to tap the full potential of energy savings and greenhouse gas emission reductions through a more competitive environment in the gas sector to attract timely investments.

  1. The energy sector abroad. Part 5. Norwegian energy sector large exporter of natural gas

    International Nuclear Information System (INIS)

    Van Gelder, J.W.

    1997-01-01

    Some facts about the Norwegian natural gas and oil industry are presented. In 1995 the industries took 12.5% of GNP and no less than 47.6% of export revenues. The use of natural gas in Norway is low. In 1996 Norway exported 37.9 billion m 3 of natural gas. It is planned to double that volume within the next 10 years. Therefore, a strategic alliance between two major foreign competitors (Gasunie in the Netherlands and Gazprom in the Russian Federation) was not met with enthusiasm. The three most important companies in the Norwegian oil and gas industry are Statoil, Norsk Hydro, and Saga Petroleum. Overall turnover of the sector in 1994 was 40.6 billion Dutch guilders. Some 17,500 people are directly employed by the sector. 5 ills., 5 tabs

  2. Energy polarization and popular representation: Evidence from the Russian Duma

    Energy Technology Data Exchange (ETDEWEB)

    Grigoriadis, Theocharis N. [Department of Political Science, University of California, Berkeley, 210 Barrows Hall, Berkeley, CA, 94720-1950 (United States)], E-mail: thgrigoriadis@berkeley.edu; Torgler, Benno [The School of Economics and Finance, Queensland University of Technology, GPO Box 2434, Brisbane, QLD 4001 (Australia); CREMA Center for Research in Economics, Management and the Arts (Switzerland); CESifo Munich (Germany)], E-mail: benno.torgler@qut.edu.au

    2009-03-15

    In this article we introduce the term 'energy polarization' to explain the politics of energy market reform in the Russian Duma. Our model tests the impact of regional energy production, party cohesion and ideology, and electoral mandate on the energy policy decisions of the Duma deputies (oil, gas, and electricity bills and resolution proposals) between 1994 and 2003. We find a strong divide between Single-Member District (SMD) and Proportional Representation (PR) deputies High statistical significance of gas production is demonstrated throughout the three Duma terms and shows Gazprom's key position in the post-Soviet Russian economy. Oil production is variably significant in the two first Dumas, when the main legislative debates on oil privatization occur. There is no constant left-right continuum, which is consistent with the deputies' proclaimed party ideology. The pro- and anti-reform poles observed in our Poole-based single dimensional scale are not necessarily connected with liberal and state-oriented regulatory policies, respectively. Party switching is a solid indicator of Russia's polarized legislative dynamics when it comes to energy sector reform.

  3. Energy polarization and popular representation. Evidence from the Russian Duma

    Energy Technology Data Exchange (ETDEWEB)

    Grigoriadis, Theocharis N. [Department of Political Science, University of California, Berkeley, 210 Barrows Hall, Berkeley, CA, 94720-1950 (United States); Torgler, Benno [The School of Economics and Finance, Queensland University of Technology, GPO Box 2434, Brisbane, QLD 4001 (Australia)

    2009-03-15

    In this article we introduce the term 'energy polarization' to explain the politics of energy market reform in the Russian Duma. Our model tests the impact of regional energy production, party cohesion and ideology, and electoral mandate on the energy policy decisions of the Duma deputies (oil, gas, and electricity bills and resolution proposals) between 1994 and 2003. We find a strong divide between Single-Member District (SMD) and Proportional Representation (PR) deputies High statistical significance of gas production is demonstrated throughout the three Duma terms and shows Gazprom's key position in the post-Soviet Russian economy. Oil production is variably significant in the two first Dumas, when the main legislative debates on oil privatization occur. There is no constant left-right continuum, which is consistent with the deputies' proclaimed party ideology. The pro- and anti-reform poles observed in our Poole-based single dimensional scale are not necessarily connected with liberal and state-oriented regulatory policies, respectively. Party switching is a solid indicator of Russia's polarized legislative dynamics when it comes to energy sector reform. (author)

  4. Energy polarization and popular representation. Evidence from the Russian Duma

    International Nuclear Information System (INIS)

    Grigoriadis, Theocharis N.; Torgler, Benno

    2009-01-01

    In this article we introduce the term 'energy polarization' to explain the politics of energy market reform in the Russian Duma. Our model tests the impact of regional energy production, party cohesion and ideology, and electoral mandate on the energy policy decisions of the Duma deputies (oil, gas, and electricity bills and resolution proposals) between 1994 and 2003. We find a strong divide between Single-Member District (SMD) and Proportional Representation (PR) deputies High statistical significance of gas production is demonstrated throughout the three Duma terms and shows Gazprom's key position in the post-Soviet Russian economy. Oil production is variably significant in the two first Dumas, when the main legislative debates on oil privatization occur. There is no constant left-right continuum, which is consistent with the deputies' proclaimed party ideology. The pro- and anti-reform poles observed in our Poole-based single dimensional scale are not necessarily connected with liberal and state-oriented regulatory policies, respectively. Party switching is a solid indicator of Russia's polarized legislative dynamics when it comes to energy sector reform. (author)

  5. Quality control in the analysis of radioactivity from the oil exploration sector

    International Nuclear Information System (INIS)

    Landsberger, Sheldon; Morton, Jacob; Yoho, Michael

    2016-01-01

    The presence of 226 Ra, 228 Ra and 210 Pb in the production of oil is now a well-known phenomenon. An effort has been undertaken to establish quality control procedures and to produce an in-house reference material. Scale build-up has a significant amount of iron, barium and strontium and as such self-attenuation of photons, especially the 46.5 keV photon from 210 Pb can significantly underestimate the radioactivity concentration. A procedure was developed to prepare an in-house standard using only a 20-g sample of scale obtained from west Texas. An evaluation of the homogeneity, counting procedures and determination of the self-attenuation factors are presented. (author)

  6. ANÁLISIS INTERNO DE LAS COOPERATIVAS AGROALIMENTARIAS CATALANAS DESDE UNA PERSPECTIVA COMPARADA: LOS SECTORES DEL ACEITE Y LA FRUTA DULCE / INTERNAL ANALYSIS OF CATALAN AGRARIAN COOPERATIVES SINCE A COMPARATIVE PERSPECTIVE: THE OIL OLIVE SECTOR AND THE SWEET FRUIT SECTOR

    Directory of Open Access Journals (Sweden)

    Eduard CRISTÓBAL FRANSI

    2012-05-01

    Full Text Available Para poder formular estrategias y llevar a cabo actuaciones que permitan mejorar la posición competitiva de las cooperativas, es necesario realizar un análisis de las mismas. Las cooperativas agrarias, al igual que el resto de empresas, también están sometidas a cambios y por ello es necesario conocer sus puntos fuertes y débiles con la finalidad de detectar tanto oportunidades como amenazas. Hasta ahora el objetivo principal de las cooperativas ha estado el de la comercialización de los productos. Sin embargo, la nueva situación socioeconómica plantea la necesidad de que dichas entidades asuman nuevos objetivos, tales como la mejora de la calidad y la conservación del medio ambiente, nuevas estrategias de ventas, diversificación de la producción, etc. En el presente artículo se analizan las características generales del sector cooperativo en Cataluña para ver en que grado dicho sector tiene protagonismo en las fases posteriores a la producción. Para ello, se ha realizado un estudio comparativo basándose en diferentes aspectos de la estructura interna tanto de las cooperativas de fruta dulce como de las cooperativas de aceite. / With the aim to develop strategies that allow improving the cooperatives competitive position, is necessary to realize an analysis of these organizations. Agricultural cooperatives, as the rest of business, are affected for changes. Thus it is necessary to know his strong and weak points with the purpose to detect as their opportunities as their threats. Until now the main objective of the cooperatives has been the products commercialization. However, the new socioeconomic situation poses the need that these organizations assume new objectives, such as the quality improvement, the environment conservation, new sales strategies, production diversification, etc. This present paper analyses the general characteristics of the cooperative sector in Catalonia with the aim to see which degree of prominence has

  7. Development of the rational scheme of geological exploration process, its analysis and significance for prospecting and exploration of hydrocarbons at the russian sector of the Caspian sea

    Directory of Open Access Journals (Sweden)

    I. V. Bystrova

    2017-12-01

    Full Text Available To conduct a justified assessment of the perspective resources of the Caspian Sea and adjacent territories, the authors develop a rational scheme of the geological exploration process with its analysis and identification of significance for hydrocarbon exploration in the northern part of the Caspian Sea. The paper outlines the methodological approaches and concepts of introducing this scheme in search for oil and gas. This allows us to justify and select the optimal set of research methods at various stages of oil and gas production. The system of structure and principles of organization scheme of the geological prospecting process allow to identify the optimal complexes of methods of geological-geophysical and other studies for these stages. The article provides information confirming the necessity of developing and implementing this scheme in the geological exploration process of the studied territory. The necessary development of opportunities in carrying out this work fundamentally changes the qualitative aspect of the geological exploration process. The facts presented in the article allow to study in detail the structures of the shelf zone, the thicknesses and composition of productive subsalt deposits, and to trace their interrelation with continental structural elements. The paper shows the importance of providing, at different levels, a rationale and choice of an optimal set of research methods at different stages of oil and gas prospecting during the development of a rational geological exploration scheme for hydrocarbons in water areas. This paper presents a proposed block diagram of a marine geological prospecting process for hydrocarbons. It describes the sequence of performing the types of work at the regional, exploratory and exploration stages. For each stage of the study, the authors set the tasks, determine the objects of research, methods of geological and geophysical research and their results, and determine methods for

  8. CO_2-mitigation options for the offshore oil and gas sector

    International Nuclear Information System (INIS)

    Nguyen, Tuong-Van; Tock, Laurence; Breuhaus, Peter; Maréchal, François; Elmegaard, Brian

    2016-01-01

    Highlights: • The possibilities for reducing offshore CO_2-emissions, by CO_2-capture, waste heat recovery and electrification are assessed. • Multi-objective optimisation, process modelling, economic and environmental analyses are used for evaluating system designs. • A reduction of more than 15% of the total CO_2-emissions can be achieved for the present case study. • High sensitivity of the avoidance costs to the natural gas price and CO_2-tax. - Abstract: The offshore extraction of oil and gas is an energy-intensive process leading to the production of CO_2 and methane, discharged into the atmosphere, and of chemicals, rejected into the sea. The taxation of these emissions, in Norway, has encouraged the development of more energy-efficient and environmental-friendly solutions, of which three are assessed in this paper: (i) the implementation of waste heat recovery, (ii) the installation of a CO_2-capture unit and (iii) the platform electrification. A North Sea platform is taken as case study, and these three options are modelled, analysed and compared, using thermodynamic, economic and environmental indicators. The results indicate the benefits of all these options, as the total CO_2-emissions can be reduced by more than 15% in all cases, while the avoidance costs vary widely and are highly sensitive to the natural gas price and CO_2-tax.

  9. 'Out of the box' thinking : outsourcing possibilities abound in the oil and gas sector

    International Nuclear Information System (INIS)

    Ross, E.

    1999-01-01

    Methods to improve the interpretation of data for decision making purposes within the oil and gas industry are discussed. In particular, this paper discusses services, ranging from total outsourcing to consulting, offered by Future Links/Sys Gold Ltd. of Calgary, Alberta. One of the services offered by the company is 'thin clients', desktop computers without hard drives, connected via fibre optic links to a central office server in a downtown office. This way, a company could reduce their number of required PCs by 50 per cent with a significant saving in maintenance costs because FutureLink can do most of it on the server. Another advantage of the system is that companies can tap into a large pool of world-class expertise, which is important, given the increasing demands in specialized technology in which it is difficult to maintain staff. In contrast to this view of favouring centralization, information technology managers of some companies believe that companies must approach outsourcing cautiously, focus on areas where outsourcing can achieve real efficiency gains, or where the company wants knowledge transfer not otherwise obtainable. They warn of the dangers of becoming completely dependent on outside information technology companies. 2 figs

  10. RUSSIAN INDUSTRY INVESTMENT SITUATION

    Directory of Open Access Journals (Sweden)

    O. V. Pochukaeva

    2011-01-01

    Full Text Available The actual deficiency of investment into Russian industry innovative development increases its technological drag from industries of countries with developed markets. Although the rate of investment into real sectors of Russian economics mid 2000 was higher compared to the previous period, annual investment amounts were much lower than in 1990. At present, highest investment amounts are directed to industry extractive branches and to the commerce. Amounts invested to various economy branches do not correspond to their contribution to the country’sGross Added Product; particularly underinvested are manufacturing industry branches. At present, foreign share in the country economy total investment makes 15–18%. Recently, most interesting for foreigners was investment to machine-building branches with overwhelming part (for example, 90% in 2007–2008 of foreign investment into the machine-building industry being directed to creation of new automobile plants. Today, first place in the list of foreign investors’ preferences in Russia is taken by the machine-tool construction sector.

  11. THE AMAZING UNIVERSE OF RUSSIAN MULTINATIONALS: NEW INSIGHTS

    Directory of Open Access Journals (Sweden)

    CODRUŢA DURA

    2013-12-01

    Full Text Available Over the past few years, large multinational companies originating from Russia have shown outstanding performances alongside their road from regional dominance to global leaders. Taking stock of recent approaches in the literature and statistical data released by well-known international organizations, our papers aims to provide some new insights from the amazing universe of Russian multinationals, following the 2008-2009 global economic crisis. The list of the largest multinationals from Russia shows that corporations from oil & gas and metallurgical sector are prevailing, as a consequence of the resource – based character of the Russian economy. Although Russian giants represents a quite heterogeneous class of companies, they do share several common features such as their propel mechanism of expansion on the global business stage (leveraged by the resource-based nature of their home economy, their tendency to invest in the neighboring countries (like Commonwealth of Independent States or East European countries, their modes of entry (through brownfield projects etc.

  12. Russian upstream joint ventures logging progress

    International Nuclear Information System (INIS)

    Anon.

    1992-01-01

    This paper reports that Occidental Petroleum Corp. has begun exporting oil from Russia as part of an enhanced recovery joint venture in western Siberia. Oxy holds a 50% interest in the joint venture company, Vanyoganneft, and will market the oil. In other activity, two Canadian companies are marking progress with Russian upstream joint ventures

  13. Imaging the Crust in the Northern Sector of the 2009 L'Aquila Seismic Sequence through Oil Exploration Data Interpretation

    Science.gov (United States)

    Grazia Ciaccio, Maria; Improta, Luigi; Patacca, Etta; Scandone, Paolo; Villani, Fabio

    2010-05-01

    The 2009 L'Aquila seismic sequence activated a complex, about 40 km long, NW-trending and SW-dipping normal fault system, consisting of three main faults arranged in right-lateral en-echelon geometry. While the northern sector of the epicentral area was extensively investigated by oil companies, only a few scattered, poor-quality commercial seismic profiles are available in the central and southern sector. In this study we interpret subsurface commercial data from the northern sector, which is the area where is located the source of the strong Mw5.4 aftershock occurred on the 9th April 2009. Our primary goals are: (1) to define a reliable framework of the upper crust structure, (2) to investigate how the intense aftershock activity, the bulk of which is clustered in the 5-10 km depth range, relates to the Quaternary extensional faults present in the area. The investigated area lies between the western termination of the W-E trending Gran Sasso thrust system to the south, the SW-NE trending Mt. Sibillini thrust front (Ancona-Anzio Line Auctt.) to the north and west, and by the NNW-SSE trending, SW-dipping Mt. Gorzano normal fault to the east. In this area only middle-upper Miocene deposits are exposed (Laga Flysch and underlying Cerrogna Marl), but commercial wells have revealed the presence of a Triassic-Miocene sedimentary succession identical to the well known Umbria-Marche stratigraphic sequence. We have analyzed several confidential seismic reflection profiles, mostly provided by ENI oil company. Seismic lines are tied to two public wells, 5766 m and 2541 m deep. Quality of the reflection imaging is highly variable. A few good quality stack sections contain interpretable signal down to 4.5-5.5 s TWT, corresponding to depths exceeding 10-12 km and thus allowing crustal imaging at seismogenic depths. Key-reflectors for the interpretation correspond to: (1) the top of the Miocene Cerrogna marls, (2) the top of the Upper Albian-Oligocene Scaglia Group, (3) the

  14. Russian muscles

    International Nuclear Information System (INIS)

    Soerheim, Paul

    2004-01-01

    A tightening of the electric power balance in the Nordic countries and increased focus on the supply reliability have made the power import from Russia increasingly more important. The two most important players in the Russian power market are the state-owned companies RAO UES and RosEnergoAtom. RAO UES has already begun to strengthen its presence in the Nordic market. There are indications that there are limits to the growth of power import from Russia, and the Nordic power market cannot be based on it in the future

  15. Russian Federation

    International Nuclear Information System (INIS)

    2001-01-01

    In the Russian Federation (RF), management of radioactive wastes will be carried out within the framework of the Federal Target Program for management of radioactive wastes and used nuclear materials for the period 1996-2005. The agency within the RF responsible for this program is the Ministry of Russian Federation on Atomic Energy. Current radioactive waste disposal activities are focused on creating regional repositories for wastes generated by radiochemical production, nuclear reactors, science centers, and from other sources outside of the nuclear-fuel cycle (the latter wastes are managed by Scientific and Industrial Association, 'RADON'). Wastes of these types are in temporary storage, with the exception of non-fuel cycle wastes which are in long term storage managed by SAI 'RADON'. The criteria for segregating between underground or near-surface disposal of radioactive waste are based on the radiation fields and radionuclide composition of the wastes. The most progress in creating regional repositories has been made in the Northwest region of Russia. However, development of a detailed design has begun for a test facility in the Northeast for disposal of radioactive wastes generated in Murmansk and Arkhangelsk provinces. The feasibility study for construction of this facility is being evaluated by state monitoring organizations, the heads of administrations of the Arkhangelsk and Murmansk provinces, and Minatom of Russia

  16. Petroleum privatization and institutional environment: the Russian example

    International Nuclear Information System (INIS)

    Locarelli, C.; Finon, D.

    2003-09-01

    This paper treats of the reform of the Russian hydrocarbons industry using an institutionalistic approach. The theoretical objective of the privatization is the installation of a growth scheme based on important productivity gains, through large scale re-structuration, investments for the reproduction of oil and gas reserves, and big infrastructures development. The choice of this sector is justified because it represents an extreme case of inadequateness of the measures preconized by the Washington consensus with respect to the institutional environment. Stress has been put on the modification of the property rights of companies. The introduction of market institutions in a transition economy has led to an opportunistic adaptation of the behaviour of private and government actors. There is a clear correlation between the insecurity of property rights in general and the abundance of exploitable and exportable natural resources. Then, the privatization and the limited performance of the hydrocarbons sector in Russia is analyzed in terms of efficiency and long-term strategy, essential for a resources industry to make reserves. The unexpected results of this privatization are explained using an analysis of the market institutions applied to the very specific institutional environment of the Russian economy. Finally, the inadequateness of these institutions with the initial informal institutions has led to adaptations fully dependent of the institutional path with the necessity of preserving a minimum inter-industrial consistency. (J.S.)

  17. Corporate governance and control in Russian banks

    OpenAIRE

    Vernikov, Andrei

    2007-01-01

    The Working Paper examines peculiarities of the Russian model of corporate governance and control in the banking sector. The study relies upon theoretical as well as applied research of corporate governance in Russian commercial banks featuring different forms of ownership. We focus on real interests of all stakeholders, namely bank and stock market regulators, bank owners, investors, top managers and other insiders. The Anglo-American concept of corporate governance, based on agency theor...

  18. Efficiency model of Russian banks

    OpenAIRE

    Pavlyuk, Dmitry

    2006-01-01

    The article deals with problems related to the stochastic frontier model of bank efficiency measurement. The model is used to study the efficiency of the banking sector of The Russian Federation. It is based on the stochastic approach both to the efficiency frontier location and to individual bank efficiency values. The model allows estimating bank efficiency values, finding relations with different macro- and microeconomic factors and testing some economic hypotheses.

  19. Oil and gas investment projects in the frame of the Kyoto protocol flexibility mechanisms in Russia

    International Nuclear Information System (INIS)

    Platonova, A.

    2005-02-01

    This PhD thesis evaluates the perspectives of the oil and gas investment projects in the frame of the Joint Implementation mechanism in Russia. From the energy point of view, the relationships between climate policy and energy systems are described and the main sources of GHG emissions reductions in the Russian oil and gas sector are evaluated. From the environmental point of view, the JI is firstly considered as an economic instrument of the international climate agreements. Secondly, are demonstrated the characteristics of the JI perturbing his efficiency and his capacity to ensure the environmental quality of projects. Based on the specificities of Russian climate policy, two scenarios of its development are proposed to estimate the perspectives of JI in the oil and gas sector in the middle term. (author)

  20. New ventures shape up for Russian projects

    International Nuclear Information System (INIS)

    Anon.

    1991-01-01

    This paper reports that the foreign presence in the Soviet oil industry is destined to grow as a result of ventures by Canadian, British, and French companies. Gulf Canada Resources Ltd., Calgary, last week disclosed the government of the Russian republic has granted approvals necessary to enable Gulf Canada and British Gas plc's KomiArctic Oil joint venture to begin production operations immediately. The approvals follow the registration of Komi Arctic Oil by the Minister of Finance of the Russian Federation in November, at which time it became a legally constituted independent company in Russia. Canadian Fracmaster Ltd., also of Calgary, disclosed it plans to spend $75-100 million on three new joint venture production deals in the Russian republic in 1992

  1. 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)

  2. Breaking the Ice: Potential U.S.-Russian Maritime Conflict in the Arctic

    Science.gov (United States)

    2012-12-01

    Tax and Investment Center Bulletin edited by Diana Nepolitano, “Ministry of Finance of the Russian Federation Expert Meeting on Oil and Gas Taxation ...msg_i/140//p1112021_russian_budget__oil_v3.pdf?941. Also, the International Tax and Investment Center Bulletin edited by Diana Nepolitano, “Ministry...of Finance of the Russian Federation Expert Meeting on Oil and Gas Taxation ,” ITIC Bulletin Special Edition, July 2011, http://www.iea.org/work/2011

  3. Evolution of the economic importance of the oil and gas industrial sector in Brazil: impacts on macroeconomic indicators; Evolucao da importancia economica da industria de petroleo e gas natural no Brasil: contribuicao a variaveis macroeconomicas

    Energy Technology Data Exchange (ETDEWEB)

    Canelas, Andre Luis de Souza

    2007-06-15

    This thesis analyzes the evolution of the macroeconomic importance of the oil and gas sector in Brazil, in the recent years, which is represented by its contribution to the macroeconomic indicators, which are: GDP, Investment, Foreign Direct Investment, Trade Balance, Tax Revenue, Jobs, Wages and Inflation. The results found indicate that the oil and gas sector has a relevant contribution to the values of the Brazilian GDP, total amount of investment, total amount of foreign direct investment, tax revenue, inflation and trade balance, whereas this sector has a less relevant impact for the creation of jobs and wages in Brazil. (author)

  4. ON ROLE OF INFLATION TARGETING IN RUSSIAN ECONOMY PROGRESS OF LAST YEARS

    Directory of Open Access Journals (Sweden)

    Егор Николаевич Поляков

    2014-03-01

    Full Text Available Author of the article gives an explanation of Russian economy slowing down from 4 quarter 2011 till 3 quarter 2013. According to author reasoning the main problem of Russian economy throughout this period of time was growth of real interest rates. The growth of real interest rate is determined by monetary policy, conducted by Central Bank. The main priority of CB is fight against inflation, which is waged by liquidity shrinkage. The bottom-line is fall of inflation and interest rates growth (including lending rate. Real interest rates are growing drastically. In certain branches of economy (for instance manufacturing real interest rates growth amounted to 10 and more percentage points.CB calls this policy inflation targeting. Besides fight against inflation floating ruble is important feature of this policy. The author made a conclusion that floating ruble when hydrocarbons prices are at historical maximum level is the worst recipe for Russian economy which is strongly dependent from hydrocarbons export revenue. The author compares Russian monetary and budget policy with monetary and budget policy of other countries with distorted export structure, for example Saudi Arabia and Norway. The author came to conclusion that Russian monetary and budget policy combination is unique among countries dependent from hydrocarbons export revenues. Result of this monetary and budget policy is vulnerability toward external shocks, tradable sectors noncompetitiveness, close to zero growth rate of economy and deterioration all branches of Russian economy. Zero net of payment balance while high oil price is economic nonsense. DOI: http://dx.doi.org/10.12731/2218-7405-2014-2-7

  5. The global palm oil sector must change to save biodiversity and improve food security in the tropics.

    Science.gov (United States)

    Azhar, Badrul; Saadun, Norzanalia; Prideaux, Margi; Lindenmayer, David B

    2017-12-01

    Most palm oil currently available in global markets is sourced from certified large-scale plantations. Comparatively little is sourced from (typically uncertified) smallholders. We argue that sourcing sustainable palm oil should not be determined by commercial certification alone and that the certification process should be revisited. There are so-far unrecognized benefits of sourcing palm oil from smallholders that should be considered if genuine biodiversity conservation is to be a foundation of 'environmentally sustainable' palm oil production. Despite a lack of certification, smallholder production is often more biodiversity-friendly than certified production from large-scale plantations. Sourcing palm oil from smallholders also alleviates poverty among rural farmers, promoting better conservation outcomes. Yet, certification schemes - the current measure of 'sustainability' - are financially accessible only for large-scale plantations that operate as profit-driven monocultures. Industrial palm oil is expanding rapidly in regions with weak environmental laws and enforcement. This warrants the development of an alternative certification scheme for smallholders. Greater attention should be directed to deforestation-free palm oil production in smallholdings, where production is less likely to cause large scale biodiversity loss. These small-scale farmlands in which palm oil is mixed with other crops should be considered by retailers and consumers who are interested in promoting sustainable palm oil production. Simultaneously, plantation companies should be required to make their existing production landscapes more compatible with enhanced biodiversity conservation. Copyright © 2017 Elsevier Ltd. All rights reserved.

  6. Russian Initiatives in Internet Governance

    Directory of Open Access Journals (Sweden)

    Sergey Sergeevich Shirin

    2014-01-01

    Full Text Available The article is devoted to the research of Russian initiatives concerning its participation in international system of Internet governance. In the research, conceptual and theoretic basis for participation of state governments in Internet governance is given, academic discourse of this issue is assessed, the review of main Russian initiatives made from 2005 (since the second stage of the World Summit on Information Society till the present day is carried out. The conclusion is made that the most successful Internet governance initiative of Russia is the implementation of cyrillic top level domains. Much less successful are Russian attempts to reconstruct existing organizational structure of Internet governance. Russian policy is assessed as a policy of preferring loud statements and PR rather than real influence on development of Internet technologies. Russia consideres Internet as political resource and tries to increase its influence on decision making process on a political, not operational level of Internet governance. The author states that federal government of the United States of America has fully lost the control on the domain name systems. These functions are going to be given to the private sector, while ICANN, which was established according to the Memorandum of Understanding/Joint Project Agreement with U.S. Department of Commerce, is becoming a truly independent international organization. Considering this, the author comes to the conclusion that political transformations for the sake of Russia are already made. He also forecast that next initiatives of Russia will be directed to the segmentation of the Internet.

  7. Analysis of the Russian Market for Building Energy Efficiency

    Energy Technology Data Exchange (ETDEWEB)

    Lychuk, Taras; Evans, Meredydd; Halverson, Mark A.; Roshchanka, Volha

    2012-12-01

    This report provides analysis of the Russian energy efficiency market for the building sector from the perspective of U.S. businesses interested in exporting relevant technologies, products and experience to Russia. We aim to help U.S. energy efficiency and environmental technologies businesses to better understand the Russian building market to plan their market strategy.

  8. Social Mechanisms in Elaborating Russian Educational Policy: Legal Monitoring

    Science.gov (United States)

    Gostev, Aleksandr N.; Turko, Tamara I.; Shchepanskiy, Sergey B.

    2016-01-01

    The article presents the results of legal monitoring and those of a sociological research on the efficiency of social mechanisms in Russian Federation education policy. The data obtained substantiates: the need for systematic improvement of Russian legislation in the education sector; revised notions and content of social mechanisms in Russian…

  9. Farm production performance in Russian regions: farm panel data analysis

    NARCIS (Netherlands)

    Bezlepkina, I.

    2003-01-01

    The Russian agricultural sector has experienced many problems since the beginning of the 1990s that resulted in a fall in farm output. Employing a production function approach and, unlike other studies, farm-level data on more than 20,000 Russian large-scale farms for the period 1995-2000, this

  10. Regulation aspects of the restructuring of Argentine oil and gas sector. The Brazilian experiences; Aspectos regulatorios da reestruturacao do setor de oleo e gas argentino. Experiencias a observar no caso brasileiro

    Energy Technology Data Exchange (ETDEWEB)

    Luczynski, Estanislau; Paula, Claudio Paiva de [Sao Paulo Univ., SP (Brazil). Programa Interunidades de Pos-Graduacao em Energia]. E-mail: stasczenco@zipmail.com.br; clpaiva@mandic.com.br

    1999-07-01

    During the last years, some countries have reorganized their oil and gas sector. The reforms included the opening of national basins to exploration by foreign companies, and the association of a national oil company with a foreign one. Argentina was the first country in Latin America to reform its sector. The major action was the privatisation of YPF, in 1993. Some years later Brazil also begun the process of reforming the national oil and gas sector. The first step was promulgating a new petroleum law. This law created an agency to regulate the national sector during and after the reforms. The Brazilian restructuring model is based on the foreign ones. This paper aims at discussing whether or not the weakness those foreign models could be avoided. The idea is to learn from those experiences and to propose a national reform lead by the Brazilian society instead. (author)

  11. An assessment of investment projects in terms of gas and oil sectors of Ukraine’s and Russia’s industry

    Directory of Open Access Journals (Sweden)

    Iryna Dzebykh

    2010-12-01

    Full Text Available This article considers the assessment of investment projects with the usage of characteristic examples, taken from gas and oil sectors of the industries, which are of crucial importance for the economies of Ukraine and Russia. These branches of industry are characterized by insufficient definition and complicacy, which necessitates the financial analysis of these sectors in Ukraine and Russia, especially if it is made for the assessment of the investment projects. In the long-term investment budget planning of the company the financial analysis is carried out to determine the investment possibilities, the value of which for the company is more than the money necessary for the ensurance of such possibilities. A few proposed methods can help specialist-analysts to take right decisions concerning investments.

  12. Optimal capital accumulation and the allocation of investment between traded and nontraded sectors in oil-producing countries.

    NARCIS (Netherlands)

    van Wijnbergen, S.J.G.

    1985-01-01

    A paper on the optimal capital accumulation and allocation of investment in oil exporting countries. Investigates the basis of consumption and investment levels on optimizing forward-looking behavior, the role of physical capital in the production, the impact of the decline in oil revenues on the

  13. Life cycle greenhouse gas emission assessment of major petroleum oil products for transport and household sectors in India

    International Nuclear Information System (INIS)

    Garg, Amit; Vishwanathan, Saritha; Avashia, Vidhee

    2013-01-01

    Energy security concerns due to high oil import dependence and climate change concerns due to related greenhouse gas emissions are important policy discussions in India. Could life cycle assessment (LCA) of petroleum oil products provide inputs to crude oil sourcing and domestic oil pricing policies to address the two concerns? This paper presents a baseline study on LCA of petroleum products in India from Well to Storage depending on the oil source, type of refinery, product and the selected destinations. The LCA based GHG emissions are found to be higher by 4–12 per cent than GHG emissions from direct fuel consumption alone for LPG, 7–10 per cent for Gasoline, 3–9 per cent for Diesel and 4–10 per cent for Kerosene based on various supply chain routes supplying oil to six largest cities in India. Overall the energy used in oil exploration, refinery and transportation in the LCA have a share of 72–77 per cent, 11–15 per cent and 6–8 per cent, respectively. The paper proposes imposing a relative carbon cess for various oil products in different Indian cities. States could accommodate this additional carbon cess by reducing their respective state taxes without increasing the final delivery price to the consumers. - Highlights: ► LCA emissions are found to be higher by 4–12 per cent than direct fuel consumption emissions. ► Energy used in oil exploration, refinery and transportation in the LCA have a share of 72–77 per cent, 11–15 per cent and 6–8 per cent, respectively. ► Corresponding GHG emission shares are 60–66 per cent, 23–27 per cent and 5–8 per cent, respectively. ► The source of crude oil matters. E and P energy consumption is found highest for African countries. ► Differential carbon cess could be imposed without changing final delivery price to consumers

  14. National Strategy for Promotion of Russian Universities in the World Market of Education Services

    Science.gov (United States)

    Mushketova, Natalia; Bydanova, Elizaveta; Rouet, Gilles

    2018-01-01

    Purpose: The export of Russian educational services worldwide was not considered by the Russian Government as a full-fledged economic sector until recently. However, the situation has changed since the early 2000s, when in 2002, the Russian Government approved the national strategy for higher education promotion abroad and since then has been…

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

    International Nuclear Information System (INIS)

    Olorunfemi, M.A.

    1992-01-01

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

  16. Local content: worldwide trends and the Brazilian experience in the oil and gas sector; Conteudo local: tendencias mundiais e a experiencia brasileira no setor de oleo e gas

    Energy Technology Data Exchange (ETDEWEB)

    Pedrosa Junior, Oswaldo A.; Guimaraes, Paulo Buarque [Associacao Brasileira dos Produtores Independentes de Petroleo e Gas - ABPIP, Rio de Janeiro, RJ (Brazil); Fernandez y Fernandez, Eloi [Organizacao Nacional da Industria do Petroleo, Rio de Janeiro, RJ (Brazil)

    2008-07-01

    In recent years a trend on increasing requirements for local investments has been observed worldwide in the petroleum industry. Host countries expect to have increasing social and economical benefits from the development of the oil and gas industry. This expectation drives at a more comprehensive concept of local content to include commitment with social, industrial, and technological development. The Brazilian experience has shown a lot of emphasis on local industry development. Initiatives from governmental authorities and the private sector have been implemented to increase the local industry participation in the oil and gas projects. The current regulation focus on the full and fair opportunities for the local suppliers and the local content commitment established in the E and P concession agreements. A key issue on promoting local content initiatives is to assure that the competitiveness of the indigenous industry will be developed and preserved. The constraints on building up the local industry competitiveness will be addressed, focusing on the taxation overburden, lack of adequate local financing, and internal structural aspects affecting industrial productivity. In addition to this, the experiences on measuring local content for offshore construction and drilling are highlighted. Technology development and technical capability have been addressed by incentive programs for the O and G sector. Finally, the technology learning process and the regulatory requirements to invest in R and D programs conducted by Brazilian technological institutions are discussed. (author)

  17. Coal Mine Methane in Russia [Russian Version

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2010-07-01

    This paper discusses coal mine methane emissions (CMM) in the Russian Federation and the potential for their productive utilisation. It highlights specific opportunities for cost-effective reductions of CMM from oil and natural gas facilities, coal mines and landfills, with the aim of improving knowledge about effective policy approaches.

  18. The Rise and Decline of U.S. Private Sector Investments in Energy R&D since the Arab Oil Embargo of 1973

    Energy Technology Data Exchange (ETDEWEB)

    Dooley, James J.

    2010-11-01

    This paper presents two distinct datasets that describe investments in energy research and development (R&D) by the US private sector since the mid1970s, which is when the US government began to systematically collect these data. The first dataset is based upon a broad survey of more than 20,000 firms’ industrial R&D activities. This broad survey of US industry is coordinated by the US National Science Foundation. The second dataset discussed here is a much narrower accounting of the energy R&D activities of the approximately two dozen largest US oil and gas companies conducted by the US Department of Energy’s Energy Information Agency. Even given the large disparity in the breadth and scope of these two surveys of the private sector’s support for energy R&D, both datasets tell the same story in terms of the broad outlines of the private sector’s investments in energy R&D since the mid 1970s. The broad outlines of the US private sector’s support for energy R&D since the mid 1970s is: (1) In the immediate aftermath of the Arab Oil Embargo of 1973, there is a large surge in US private sector investments in energy R&D that peaked in the period between 1980 and 1982 at approximately $3.7 billion to $6.7 billion per year (in inflation adjusted 2010 US dollars) depending upon which survey is used (2) Private sector investments in energy R&D declined from this peak until bottoming out at approximately $1.8 billion to $1 billion per year in 1999; (3) US private sector support for energy R&D has recovered somewhat over the past decade and stands at $2.2 billion to $3.4 billion. Both data sets indicate that the US private sector’s support for energy R&D has been and remains dominated by fossil energy R&D and in particular R&D related to the needs of the oil and gas industry.

  19. Interprovincial regulatory barriers to procurement in western Canada's oil and gas sector : potential standardization-based solutions : final report

    International Nuclear Information System (INIS)

    Hawkins, R.; Godin, M.; Josty, P.

    2008-01-01

    This study reviewed the regulatory environment related to the oil and gas industry in western Canada in order to identify factors limiting the procurement of goods and services required by the industry. The aim of the study was to identify solutions based on the development of voluntary industry standards. Literature and reports related to interprovincial trade and standards were reviewed. The procurement divisions of oil and gas companies and suppliers to the oil and gas industry were consulted in addition to government official and industry experts. A review of provincial technical regulations was completed. The study identified 3 candidates for specific action within the standards system: (1) modular transport platforms; (2) regulatory conformance procedures; and (3) the mobility of skilled workers. Results of the study indicated that the development of service standards for technical and inspection activities of importance to the petroleum industry will help to facilitate the increased mobility of skilled workers, while initiatives to develop a standard information disclosure and exchange format for all federal, provincial and territorial jurisdictions will address the conflicting regimes to which oil and gas products and services are subjected. 40 refs., 5 tabs.

  20. Economic Efficiency of Innovative Materials for Sectors of Economy

    Directory of Open Access Journals (Sweden)

    Miroshnikova Tatyana

    2016-01-01

    Full Text Available The paper proposes an approach to the assessment of the economic efficiency of innovative anti-corrosion coatings for sectors of the national economy of the Russia on the basis of a synthesis of strategic sectoral and cost analysis. According to the authors, a comparative analysis of composite polymeric anticorrosion protecting coatings with similar products, estimating of direct and indirect economic effect and prognosis of implementation, forms a deeper understanding of the role of innovative technologies in the Russian state development of import substitution, the investment attractiveness of Russian industries in the new part technologies, applied research activities of private companies. Metal consumption sectors of the economy were chosen as an object of research, as they are characterized by the use of the following products: industrial construction and reconstruction, nuclear and thermal power, chemical, oil and gas, utilities, food processing, automotive, shipbuilding, aviation and rocket science, other industry. Basic modeling of implementation of anticorrosion protecting coatings in industrial enterprises was carried out on the basis of generating energy enterprises as one of the main end-users of anti-corrosive materials that also issue accurate statements.

  1. Partial Reform Equilibrium in Russia: A Case Study of the Political Interests of and in the Russian Gas and Oil Industry

    Science.gov (United States)

    Everett, Rabekah

    While several theories abound that attempt to explain the obstacles to democracy in Russia, Joel Hellman's partial reform equilibrium model is an institutional theory that illustrates how weak institutions, combined with an instrumentalist cultural approach to the law and authoritarian-minded leadership, allowed the struggle over interests to craft and determine the nature of Russia's political structure. This thesis builds on the work of Hellman by using the partial reform theory to understand the evolution of interest infiltration and their impact on the formation of policies and institutions in favour of the elites or winners from 2004 to the present time period that allow them to wield law as a political weapon. The hypothesis posits that through their vested interests in state politics, the political and economic elites of the oil and gas industry have successfully stalled reform in Russia resulting in partial reform equilibrium. This is illustrated in a case study that was designed to collect the names, backgrounds, and social networks of gas and oil executives in order to determine how many of them have a history of, or are currently working as, ministers in the government or representatives in the Federation Council. The objective being to measure the degree to which gas and oil interests are present in government decision-making and conversely, the degree to which the government is present in the gas and oil industry. The thesis stresses the importance of institutional structure in determining Russia's political evolution, and uses vested interests as a primary source of structural institutional change, while also stressing on the social and international implications of this evolution.

  2. FOREIGN DIRECT INVESTMENT IN POST-CONFLICT COUNTRIES: THE CASE OF IRAQ’S OIL AND ELECTRICITY SECTORS

    Directory of Open Access Journals (Sweden)

    Ghassan Faraj Hanna

    2014-04-01

    Full Text Available Foreign direct investment is new phenomenon to Iraq, a post conflict country with abundance of natural resources. With dominant state-controlled public sector, attracting foreign investment is an added challenge to an economy devastated by years of wars. A qualitative case study was conducted to assess determinants of foreign direct investment in Iraq’s energy sector. Data was collected from interviews with business and government subject matter experts, and a review of publically available documents. Lack of security, political instability, corruption, and inadequate government policies towards foreign direct investment as symptoms found and typically shared by other post-conflict countries. The persistence of violence was not seen as a deterrent; however, foreign direct investment activity in the energy sector was virtually limited to the semi-autonomous region of Kurdistan. Investments were either wholly-owned or joint-venture enterprises. Implications to other post conflict countries, using Kuwait and Nigeria as illustrative examples, are presented and recommendations made.

  3. OIL EXPLOITATION REGULATIONAL FRAMEWORK AND EFFECTS IN THE SECTOR AND ITS RELATION TO THE WHOLE ECONOMY: THE CASE OF BRAZIL’S 1997 CHANGE

    Directory of Open Access Journals (Sweden)

    Rodrigo Emmanuel Santana Borges

    2012-09-01

    Full Text Available The world lives a context of energetic pre-crisis, and Brazil has discovered new big reserves of the “black gold”, which led to changing the regulation framework of its exploitation in the country. This paper focuses on the last change in that framework, in 1997, and tries to evaluate its effects in the production and its links to the rest of Brazilian economy. Using data derived from the I-O matrix in the supply side, and Balance of Payments data, we try to see if there were meaningful changes in the period 1998-2007 from the period 1990-1997 in terms of the oil sector linkage to the rest of the economy, technological modernization, its relation to employment and average earnings , and its impacts in the external insertion of the country (exports and dividends balance.

  4. Las empresas latinoamericanas del sector del petróleo y gas ante la información sobre sostenibilidad. Latin American oil and gas corporations and the sustainability information.

    Directory of Open Access Journals (Sweden)

    Arturo Haro de Rosario

    2016-04-01

    Full Text Available Resumen: El sector del petróleo y gas es un sector económico estratégico con repercusiones a escala global. Sin embargo, una de las principales limitaciones de esta industria radica en las características de las regiones en las que opera, ya que a menudo se trata de zonas geográficas de elevada importancia bioclimática, zonas con poblaciones indígenas o sectores rurales sumidos en la pobreza. Esto ha generado que los stakeholders presten cada vez más atención a las implicaciones sociales, naturales y económicas de las actividades del sector del petróleo y gas. Así las cosas, teniendo en cuenta que los países latinoamericanos cuentan con las mayores reservas convencionales mundiales de petróleo, el presente artículo tiene como objetivo cuantificar la información voluntaria sobre sostenibilidad que divulgan las empresas petroleras y gasíferas que operan en Latinoamérica.   Abstract:  The oil and gas sector is a strategic area of the economy with global repercussions. This industry faces a major handicap, namely the characteristics of the regions in which it operates, which are often geographic areas of great bioclimatic importance, or inhabited by indigenous populations, or comprised of very low income rural sectors. In response, stakeholders are paying ever greater attention to the social, natural and economic consequences of oil and gas sector activities. Taking into consideration that Latin American countries possess the largest conventional oil reserves in the world, this paper aims to quantify the sustainability information disclosed voluntarily by oil and gas companies operating in Latin America.

  5. 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.

  6. Russian Gas Market: Entering New Era

    International Nuclear Information System (INIS)

    Mitrova, Tatiana; Molnar, Gergely

    2015-04-01

    After a period of extensive growth in the 2000's, the Russian gas industry is now facing numerous challenges. Mounting competition by independent producers and the development of new production by Gazprom, combined with stagnating domestic demand and weakening export markets, have created a situation of overproduction, made worse by western sanctions and low oil and gas prices. Expansion to the East thanks to the recent China deal is not expected to provide much relief before 2024. The coming decade will be critical for the industry and its outcome will largely depend on the government's pricing and institutional policies but the role of the state should remain essential. This document presents the key findings of the New CEDIGAZ report 'Russian Gas Market: Entering New Era'. The report analyses the ongoing changes in the Russian industry and the challenges to be met

  7. Price and Income Elasticities of Russian Exports

    Directory of Open Access Journals (Sweden)

    Bernardina Algieri

    2004-12-01

    Full Text Available The paper gauges export demand elasticities for Russia using an Error Correction technique within a cointegration framework. An extended version of the Imperfect Substitutes Model has been implemented to estimate the sensitivity of Russian exports without oil components to price and to Russian and world income. Our results suggest a robust and negative long run cointegration relationship between the real effective exchange rate, defined as the weighted average of the rouble’s exchange rates versus a basket of the three currencies with the largest share in the trade turnover adjusted to incorporate inflation rate differences (the ratio of the domestic price indices to the foreign price indices, and Russian exports. An increase in exports by 24% is caused by a real depreciation by 10%. Furthermore, a 10% growth in world income leads to a 33% rise in exports. Finally, exports drop by 14% whenever a 10% increase in domestic income occurs

  8. The Russian gas industry

    International Nuclear Information System (INIS)

    1997-01-01

    The Russian Federation holds the world's largest proven natural gas reserves, and produces more natural gas than any other nation. Russian exports of gas to Europe and the other nations of the Commonwealth of Independent States (CIS) have a significant impact on natural gas markets throughout Europe and Asia. The aim of this three part study is to inform the international energy and investment community about the current status of the Russian gas industry and the prospects for its future development through 2010. It is also intended to provide an opportunity for the appropriate authorities in the Russian Federation to assess the needs of the industry and to consider areas for possible collaboration with the international investment community and international organizations in a rapidly changing economic and business environment. The study was prepared by the Energy Branch of the United Nations Department for Development Support and Management Services (UN/DDSMS). It was financed by the United Nations Development Programme (UNDP). Part I describes Russian gas reserves and potential resources, and overviews the country's gas producing, pipeline and distribution industries. Additionally, it summarizes the markets for Russian natural gas including domestic and external markets. It discusses the primary economics and potential factors that currently impact the Russian gas industry during the Federation's transition toward a market economy. Part II highlights possible directions for the development of the Russian gas resource base, including upstream gas production and downstream marketing in five-, ten- and fifteen-year time frames. It projects export opportunities for Russian Federation gas and evaluates the options for shaping regional and international markets. Part III addresses the legal and regulatory framework and fiscal regime of the Russian gas industry. It also reviews the major investment requirements and the equipment and training needs of the Russian gas

  9. Oil and gas investment projects in the frame of the Kyoto protocol flexibility mechanisms in Russia; Projets d'investissement dans l'industrie petroliere et gaziere russe dans le cadre des mecanismes de flexibilite du protocole de Kyoto

    Energy Technology Data Exchange (ETDEWEB)

    Platonova, A

    2005-02-01

    This PhD thesis evaluates the perspectives of the oil and gas investment projects in the frame of the Joint Implementation mechanism in Russia. From the energy point of view, the relationships between climate policy and energy systems are described and the main sources of GHG emissions reductions in the Russian oil and gas sector are evaluated. From the environmental point of view, the JI is firstly considered as an economic instrument of the international climate agreements. Secondly, are demonstrated the characteristics of the JI perturbing his efficiency and his capacity to ensure the environmental quality of projects. Based on the specificities of Russian climate policy, two scenarios of its development are proposed to estimate the perspectives of JI in the oil and gas sector in the middle term. (author)

  10. Energy sector

    International Nuclear Information System (INIS)

    1995-01-01

    Within the framework of assessing the state of the environment in Lebanon, this chapter describes primary energy demand, the electricity generating sector and environmental impacts arising from the energy sector.Apart from hydropower and traditional energy sources, which together represent 1.7% of energy consumption, all energy in Lebanon derives from imported petroleum products and some coal.Tables present the imports of different petroleum products (Gasoil, Kerosene, fuel oil, coal etc...), their use, the energy balance and demand.Energy pricing and pricing policies, formal and informal electricity generations in Lebanon are described emphasized by tables. The main environmental impacts are briefly summarized. Thermal power stations give rise to emissions of Sulphur dioxide (SO 2 ), particulates, oxides of nitrogen (NO x ) and CO/CO 2 from combustion of primary fuel informally generated power from both industry and domestic consumption produce particulate materials and emissions of NO x and SO 2 projected emissions of SO 2 from the power sector with the present generating capacity and with the new combined cycle power plants in operation are shown. Other environmental impacts are described. Recommendations for supply and environment policy are presented

  11. Russian: An Active Introduction.

    Science.gov (United States)

    De La Cruz, Nina

    The Active Introduction is one of the modules in an array of materials used in Russian training for beginners at the Foreign Service Institute. It is essentially a catalog of sentences relating to typical daily activities which can be combined to form different communication sequences in dialog form. Students learn to speak Russian through…

  12. Heutiges Russisch (Contemporary Russian)

    Science.gov (United States)

    Russisch, 1976

    1976-01-01

    For the purpose of supplying information on actual contemporary Russian usage, this article excerpts sections on noun usage and variations of the genitive ending in the masculine singular from "Stilistik der russischen Sprache" (Russian Language Style) by D. Rosental and M. Telenkowa. (Text is in German.) (FB)

  13. Russian Language Course

    CERN Multimedia

    2009-01-01

    The Russian Cultural Circle is organising a new course of "Russian for Beginners", and is continuing a course for Advanced Students (3rd year). Interested persons are invited to contact: Mrs M. Mikhailova e-mail : mailto:mmmacha@hotmail.com Tel. 022 788 27 53

  14. Russian Language Analysis Project

    Science.gov (United States)

    Serianni, Barbara; Rethwisch, Carolyn

    2011-01-01

    This paper is the result of a language analysis research project focused on the Russian Language. The study included a diverse literature review that included published materials as well as online sources in addition to an interview with a native Russian speaker residing in the United States. Areas of study include the origin and history of the…

  15. Prospects seen in problems of C.I.S. downstream sector

    International Nuclear Information System (INIS)

    Phillips, S.; Morgan, T.

    1992-01-01

    For good reasons the attention of Russian authorities and western investors has until now focused on problems of the upstream oil sector in the Commonwealth of Independent States and the Sharp fall in output since the late 1980s. This article attempts to give a more balanced view of the industry by drawing attention to the problems and opportunities in the refining and distribution sector, where western companies are now beginning to invest, and comparing the investment opportunities with those in the upstream. It concludes that given recent experience of the high cost and practical difficulties of increasing crude output, it would make more commercial and economic sense to direct a higher proportion of the industry's investment into improving the effectiveness of the downstream sector

  16. New narratives on Russian renewable energy policy

    International Nuclear Information System (INIS)

    Belyi, A.V.; Overland, I.

    2010-01-01

    The article points out the renewable energy potential in Russia in light of the new policy targets development, technical and economic potential as well as limits related to a lack of effectiveness of renewable energy promoting policies. Moreover, the article links the renewable energy development to the liberalization of Russian power sector which actually provides a possibility for market-support mechanisms, such as the green certificates. Renewable energy in Russia also has an important regional dimension, particularly for remote regions. (authors)

  17. Oil companies make cutbacks

    International Nuclear Information System (INIS)

    Dupin, Ludovic

    2014-01-01

    As oil prices are falling, the oil sector faces company restructuring, merger projects, closure of oil fields, and so on. Restructuring is motivated by the costs of offshore exploration and oil production projects. Saudi Arabia tries to fight the emergence of shale gases by reducing oil prices, and somehow succeeds as some projects in the USA are put into question again. Experts perceive this situation as an opportunity for the sector to improve its efficiency and reduce over-staffing

  18. Influence of economic sanctions on the development of Russian tourism

    Directory of Open Access Journals (Sweden)

    Irek Ilgizarovich Ziganshin

    2015-03-01

    Full Text Available Objective to estimate the influence of economic sanctions on the current state of the Russian tourist market. Methods analysis and synthesis historicallogical and economicstatistical methods. Results the presanction condition of the tourist market is compared with its current condition. The problem aspects of the Russian tourist sector are shown. The complex estimation is given to the tense situation in the Russian tourist market. Practical value the main provisions and conclusions of the article can be used for tourism arrangement and predicting the entrance and exit tourist flow. nbsp

  19. THE FEATURES OF THE RUSSIAN BANKING SUPERVISION AND REGULATION IN THE LIGHT OF BASEL II AND BASEL III IMPLEMENTATION IN THE RUSSIAN BANKING SYSTEM

    Directory of Open Access Journals (Sweden)

    K. R. Kakhrimanova

    2014-01-01

    Full Text Available The article focuses on the current situation in the Russian banking supervision and regulation and namely the process of its reforming in accordance withBaselprinciples. A special concern of the article is the features of Russian banking sector that are obstacles in full implementation of Basel II and Basel III inRussiatoday.

  20. Sustainable development of Russian regions

    Directory of Open Access Journals (Sweden)

    V. D. Kuz’menkova

    2016-01-01

    Full Text Available Sustainable development of administrative-territorial units (ATU refers to the main directions of Russian Federation state policy to ensure the security of the national economy to meet the vital needs of people and the preservation of such a possibility for the future generations. The article describes and analyzes the factors that have the most significant impact on the level of ATE development. The dynamics of the gross output of agriculture in Russia and its critical evaluation are presents. It was revealed that the development of the region is the basis of the national economy security. At present, the concept of “sustainable development” in Russia is relevant and the role of regions in the sustainable development of the Russian Federation is constantly increasing. Stability of self-financing of the regional economy is achieved through conducting effective fiscal, financial, credit, tax and price policy, establishment of equal inter-budgetary relations with the federal center, the development of the securities market, increasing the volume of exports. Conducted research allowed: to identify the main factors influencing the sustainable development of Russia regions. The reasons for the backlog of economy of the Smolensk region of the nationwide growth rate and direction of their elimination are examined. Formation of the forecast of domestic agriculture development in the period up to 2020 should be based on the priority position of the industry in the agricultural sector, which is determined by its decisive role in meeting the population’s needs for basic food products. Prospective volumes of production of major agricultural products are based on the need to meet the challenges provided by the Russian Federation Government Decree.

  1. Oils

    Energy Technology Data Exchange (ETDEWEB)

    Cobbett, G T.B.

    1907-07-08

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

  2. Sector profile: Petroleum sector in Cuba

    International Nuclear Information System (INIS)

    1990-02-01

    The Cuban oil industry started in 1860 when an oil well was drilled in Matanzas province. About 200 wells were drilled up until 1959. In the past 30 years, the oil industry has become a priority sector; in 1985-1990, about US$500 million were invested in the industry, with increases in exploration and well drilling activity. Recently completed works include pipelines and a supertanker terminal. About 10 million tons of oil are imported annually and local production averages about 800,000 metric tons per year. Most of the oil found in Cuba so far is of the heavy type, as found in western Canada. There are about 10 small and medium-sized oil deposits, mainly located in the north. The most promising oil field is at Varadero, whose characteristics are similar to the Cold Lake field in Alberta. Cuban oil refining capacity is over 7.6 million metric tons per year, and additional capacity is being constructed. All imports of oil industry equipment are conducted via state trading agencies. Export opportunities of interest to Canadian companies are outlined, along with monetary constraints affecting imports to Cuba, financing and export insurance programs available to Canadian companies, and recommendations to Canadian exporters. A list of industry/government contacts is included

  3. Studies on the impact, detection, and control of microbiology influenced corrosion related to pitting failures in the Russian oil and gas industry. Final CRADA report.

    Energy Technology Data Exchange (ETDEWEB)

    Ehst, D.

    2006-09-30

    The objectives of the Project are: (1) to design effective anti-corrosion preparations (biocides, inhibitors, penetrants and their combinations) for gas- and oil-exploration industries; (2) to study a possibility of development of environmentally beneficial ('green') biocides and inhibitors of the new generation; (3) to develop chemical and microbiological methods of monitoring of sites at risk of corrosion; and (4) to evaluate potentialities in terms of technology, raw materials and material and technical basis to set up a production of effective anti-corrosion preparations of new generation in Russia. During the four years of the project 228 compounds and formulations were synthesized and studied in respect to their corrosion inhibiting activity. A series of compounds which were according to the Bubble tests more efficient (by a factor of 10-100) than the reference inhibitor SXT-1102, some possessing the similar activity or slightly better activity than new inhibitor ??-1154? (company ONDEO/Nalco). Two synthetic routes for the synthesis of mercaptopyrimidines as perspective corrosion inhibitors were developed. Mercaptopyrimidine derivatives can be obtained in one or two steps from cheap and easily available precursors. The cost for their synthesis is not high and can be further reduced after the optimization of the production processes. A new approach for lignin utilization was proposed. Water-soluble derivative of lignin can by transformed to corrosion protective layer by its electropolymerization on a steel surface. Varying lignosulfonates from different sources, as well as conditions of electrooxidation we proved, that drop in current at high anodic potentials is due to electropolymerization of lignin derivative at steel electrode surface. The electropolymerization potential can be sufficiently decreased by an increase in ionic strength of the growing solution. The lignosulfonate electropolymerization led to the considerable corrosion protection

  4. Gulf Canada's Russian joint venture

    International Nuclear Information System (INIS)

    Motyka, D.

    1992-01-01

    After three years of evaluating prospects and negotiating with government and industry representatives, Gulf Canada established its first joint venture in the Russian Federation with Komineft, a production association from the Komi autonomous republic. Komineft has a 50% share of the venture, and the rest is shared equally between Gulf and British Gas. The operating area is at the Vozey and Upper Vozey fields in the Timan-Pechora Basin, some 1,500 km northeast of Moscow just inside the Arctic Circle. An attractive feature of the Upper Vozey project is low development costs of ca $2/bbl. In the Vozey field, the venture will set up an enhanced oil recovery demonstration project to test techniques perfected in Alberta. About 60 Canadians are involved on the project, and headquarters are in Usinsk, ca 100 km south of the oil fields. In the first half of 1992, oil production in the first phase of the venture averaged around 10,000 bbl/d and continues to increase

  5. Russian-Iranian relations in the Caspian Region: results and prospects

    Directory of Open Access Journals (Sweden)

    Sergey Sergeevich Zhiltcov

    2016-12-01

    Full Text Available The collapse of the USSR affected the Russian-Iranian relations, governed by bilateral agreements during several centuries. The emergence of “new” independent states in the region, such as Azerbaijan, Kazakhstan and Turkmenistan, changed the geopolitical situation and put a question of the legal status of the Caspian Sea. Russian-Persian and Soviet-Iranian agreements had a centuries-old tradition but they did not draw up a legal status of the Caspian Sea or clarify the procedures of subsursafe management. Those agreements governed only laid down rules of navigation and fishery, without touching the issues of oil and gas field exploration, production and transportation, including pipelines on the floor of the Caspian Sea. It did not fit political and economic interests of Azerbaijan, Kazakhstan and Turkmenistan and stimulate them to unilateral actions. Russia and Iran in turn insisted on saving the former rules and agreements. The absence of Convention on legal status of the Caspian Sea introduced uncertainty in the principles of oil and gas development and export, pushing Caspian countries toward making unilateral decisions. Russia and Iran kept close positions, insisting on following the former agreements. The other Caspian countries did not support that position and adopted a policy aimed at division of the Caspian Sea and asserting a certain control over its hydrocarbons. Close Russian and Iranian positions on legal status of the Caspian Sea became a strong deterrent for Caspian countries to let them divide the sea into national sectors and launch pipeline plans on the floor of the Caspian Sea. As the result Russian and Iranian relations had stabilizing effect in the Caspian region. At the same time, the Russian Federation aimed at following a flexible policy, taking into account the interests of the other Caspian countries. The settlement of the legal status of the Caspian Sea with Kazakhstan and Azerbaijan let Russia improve the

  6. Factors fragmenting the Russian Federation

    Energy Technology Data Exchange (ETDEWEB)

    Brown, E.

    1993-10-06

    This paper examines the factors that threaten the future of the Russian Federation (RF). The observations are based on a study that focused on eight republics: Mordova, Udmurtia, Tatarstan, Mari El, Bashkortostan, Kabardino-Balkaria, Buryatia, and Altay Republic. These republics were selected for their geographic and economic significance to the RF. Tatarstan, Bashkortostan, Udmurtia, and Mari El are located on important supply routes, such as the Volga River and the trans-Siberian railroad. Some of these republics are relatively wealthy, with natural resources such as oil (e.g., Tatarstan and Bashkortostan), and all eight republics play significant roles in the military-industrial complex. The importance of these republics to the RF contrasts to the relative insignificance of the independence-minded Northern Caucasus area. The author chose not to examine the Northern Caucasus region (except Kabardino-Balkaria) because these republics may have only a minor impact on the rest of the RF if they secede. Their impact would be minimized because they lie on the frontiers of the RF. Many Russians believe that {open_quotes}it might be best to let such a troublesome area secede.{close_quotes}

  7. Russian translations for Cochrane.

    Science.gov (United States)

    Yudina, E V; Ziganshina, L E

    2015-01-01

    Cochrane collaboration has made a huge contribution to the development of evidence-based medicine; Cochrane work is the international gold standard of independent, credible and reliable high-quality information in medicine. Over the past 20 years the Cochrane Collaboration helped transforming decision-making in health and reforming it significantly, saving lives and contributing to longevity [1]. Until recently, Cochrane evidence were available only in English, which represents a significant barrier to their wider use in non-English speaking countries. To provide access to evidence, obtained from Cochrane Reviews, for health professionals and general public (from non-English-speaking countries), bypassing language barriers, Cochrane collaboration in 2014 initiated an international project of translating Plain language summaries of Cochrane Reviews into other languages [2, 3]. Russian translations of Plain language summaries were started in May 2014 by the team from Kazan Federal University (Department of Basic and Clinical Pharmacology; 2014-2015 as an Affiliated Centre in Tatarstan of the Nordic Cochrane Centre, since August 2015 as Cochrane Russia, a Russian branch of Cochrane Nordic, Head - Liliya Eugenevna Ziganshina) on a voluntary basis. To assess the quality of Russian translations of Cochrane Plain Language Summaries (PLS) and their potential impact on the Russian speaking community through user feedback with the overarching aim of furthering the translations project. We conducted the continuous online survey via Google Docs. We invited respondents through the electronic Russian language discussion forum on Essential Medicines (E-lek), links to survey on the Russian Cochrane.org website, invitations to Cochrane contributors registered in Archie from potential Russian-speaking countries. We set up the survey in Russian and English. The respondents were asked to respond to the questionnaire regarding the relevance and potential impact of the Cochrane Russian

  8. RETOUR - AN INNOVATIVE RUSSIAN LANGUAGE TRAINING RESOURSE FOR TOURISM WORKERS IN THE EU

    Directory of Open Access Journals (Sweden)

    Антония Пенчева

    2017-12-01

    Full Text Available This article investigates the role of the Russian language in the tourism sector. In particular it discusses learning materials for the self-study of Russian for tourism workers initiated by the European Union. The author shows the advantages of the online course Retur, which combines traditional methods with modern interactive multimedia teaching aids: video, audio and written teaching materials. In the article methods of selection of lexical and grammatical material, choice of thematic blocks and thematic units are discussed. The author comes to the conclusion that the tourism sector in a number of European countries is interested in training tourism workers in Russian in tourist services. Here, Russian as a foreign language becomes a demanded “commodity” that provides added value, and the teaching of Russian should serve as the formation of a communicative competence in Russian for future and current employees in tourism.

  9. Russian refining shows signs of revival, needs investment

    International Nuclear Information System (INIS)

    Plotnikov, V.S.; Avgerinos, G.F.; Dvorets, N.L.; Tyukov, V.M.

    1996-01-01

    The Russian refining industry appears ready for a comeback but needs investment from abroad. After 7 years of annual decline, output of petroleum products in the former Soviet Union (FSU), most of it from Russian refineries, is estimated to have dropped marginally last year. And an increase is possible this year. In 1994, Russia's refineries, which account for two thirds of total FSU distillation capacity, yielded 176.2 million metric tons of oil products, compared with 214.1 million tons in 1993. Despite the precipitous decline in refinery production, net FSU exports oil refined products were down only 5% in 1994 at about 51.3 million tons. This occurred despite the decline in refinery production because of sizable contraction in oil consumption in Russian and the other republics. Russia, like the rest of the FSU, needs more than loans to produce oil or restore wells. According to the Ministries of Economics and Fuels and Energy, 90% of Russian enterprises need foreign capital. Investments to rebuild refining, gas processing, and petrochemicals are necessary, as are funds for modern technologies and equipment. Capital also is needed for extraction of resources that are remotely located or difficult to produce. In addition to providing a legal structure that provides a solid basis for investment, Russian must promote competition, change its tax system to raise revenue but allow companies to retain profits, and remove disincentives to investment for domestic and foreign enterprises

  10. The New Russian Book

    DEFF Research Database (Denmark)

    Pristed, Birgitte Beck

    This book takes up the obtrusive problem of visual representation of fiction in contemporary Russian book design. By analyzing a broad variety of book covers, the study offers an absolutely unique material that illustrates a radically changing notion of literature in the transformation of Soviet ...... the fields of Russian studies, contemporary book and media history, art, design, and visual studies.......This book takes up the obtrusive problem of visual representation of fiction in contemporary Russian book design. By analyzing a broad variety of book covers, the study offers an absolutely unique material that illustrates a radically changing notion of literature in the transformation of Soviet...... print culture to a post-Soviet book market. It delivers a profound and critical exploration of Russian visual imaginary of classic, popular, and contemporary prose. Among all the carelessly bungled covers of mass-published post-Soviet series the study identifies gems from experimental designers...

  11. Russian separation program

    International Nuclear Information System (INIS)

    Rea, J.L.

    1993-01-01

    A small contract signed in FY92 with the Khlopin Radium Institute marked the beginning of the Russian Separations program. Under this contract the Khlopin Radium Institute performed laboratory and dynamic hot-cell testing using cobalt dicarbollide technology on simulated radioactive wastes similar to those found at DOE sites in the United States. The current scope of investigation has been extended to identify prospective technologies for application to other United States needs. The Khlopin Radium Institute project served as a model for three other pilot scale technology development projects. The premise of the pilot scale projects is to enable Russian scientists to demonstrate their technology in the context of DOE needs, using Russian technical expertise has proven to be a cost-effective means of screening Russian technologies

  12. De-carbonisation of electricity generation in an oil and gas producing country: 'A sensitivity analysis over the power sector in Egypt'

    International Nuclear Information System (INIS)

    Farnoosh, Arash; Lantza, Frederic

    2015-07-01

    Fossil fuel are used in power generation in oil and gas producing countries due to the resource availability. However, the growing electricity demand, the potential exports revenues associated to hydrocarbons as well as the environmental policies have to be taken into account for the definition of the electricity generation mix. Thus, the development of the power generation capacities according to the resource availability and the economic factors (demand and costs) is investigated through a modeling approach. Over the past ten years, Egypt has become an important gas producer and a strategic gas supplier for Europe. Moreover, natural gas represents around eighty percent of the Egyptian power sector mix. However, this extensive share of natural gas in power generation mix could not be sustainable in long-term due to the limited hydrocarbons' resources of Egypt. In this study, the current and future power generation situation of the country is analyzed through a dynamic linear programming model. Finally, a power generation strategy based on a gradual integration of nuclear and renewable is suggested. (authors)

  13. Oil and gas investment projects in the frame of the Kyoto protocol flexibility mechanisms in Russia; Projets d'investissement dans l'industrie petroliere et gaziere russe dans le cadre des mecanismes de flexibilite du protocole de Kyoto

    Energy Technology Data Exchange (ETDEWEB)

    Platonova, A

    2005-02-01

    This PhD thesis evaluates the perspectives of the oil and gas investment projects in the frame of the Joint Implementation mechanism in Russia. From the energy point of view, the relationships between climate policy and energy systems are described and the main sources of GHG emissions reductions in the Russian oil and gas sector are evaluated. From the environmental point of view, the JI is firstly considered as an economic instrument of the international climate agreements. Secondly, are demonstrated the characteristics of the JI perturbing his efficiency and his capacity to ensure the environmental quality of projects. Based on the specificities of Russian climate policy, two scenarios of its development are proposed to estimate the perspectives of JI in the oil and gas sector in the middle term. (author)

  14. Countering Russian Active Measures

    Science.gov (United States)

    2018-04-16

    information laundering has proven effective in several occasions.20 In 2016, Russian social media actors circulated a fake news story about the...Soviet Union, individuals in positions of power funneled communist party financial resources to off-shore bank accounts and later used this money to...international offshore banking industry, they [the current oligarchs] stole money that belonged to the Russian state, took it abroad for safety

  15. The New Russian Nationalism

    OpenAIRE

    Kolstø, Pal; Blakkisrud, Helge

    2016-01-01

    Assessing the transformation of Russian nationalist discourse in the 21st century Russian nationalism, previously dominated by ‘imperial’ tendencies – pride in a large, strong and multi-ethnic state able to project its influence abroad – is increasingly focused on ethnic issues. This new ethno-nationalism has come in various guises, like racism and xenophobia, but also in a new intellectual movement of ‘national democracy’ deliberately seeking to emulate conservative West European nationalism...

  16. Russian Language Classes

    CERN Multimedia

    2008-01-01

    The Russian Cultural Circle is organising a new Russian course for beginners and will continue its course for advanced students (3rd year), both from September onwards. Anyone interested in taking part is invited to contact Mrs M. Mikhailova (e-mail: mailto:mmmacha@hotmail.com or tel. 022 788 27 53) or Mrs C. Kukowka (e-mail: mailto:christinekukowka@orange.fror tel. ++ 33 4 50 42 43 22 after 8.00 p.m.).

  17. 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.

  18. Middle-Skilled Workforce Needs in a Changing Oil and Gas Industry: the Role of Flexibility. As the Oil Industry continues to shed jobs due to the global downturn in oil prices, one of the most vulnerable sectors to job loss are the middle-skilled workers such as the technicians and drill operators. We present options and ideas to mitigate the problem.

    Science.gov (United States)

    Waddell, K.

    2015-12-01

    Middle-skilled workers are those whose jobs require considerable skill but not an advanced degree. Nationwide, one-third of the projected job growth for 2010-2020 will require middle-skilled workers. The educational paths to these jobs include career and technical education (CTE), certificates and associate's degrees from community colleges, apprenticeship programs, and training provided by employers. In the oil industry, the demand is expected to about 150,000 jobs. In environmental restoration and monitoring, there will be a need for at least 15,000 middle-skilled workers. Examples of the types of jobs include geological and petroleum technicians, derrick and drill operators, and pump system and refinery operators for the oil and gas sector. For the environmental restoration and monitoring sector, the types of jobs include environmental science technicians, and forest (and coastal) conservation technicians and workers. However, all of these numbers will be influenced by the growth and contraction of the regional or national economy that is not uncommon in the private sector. Over the past year, for example, the oil and gas industry has shed approximately 75,000 jobs (out of a workforce of 600,000) here in the United States, due almost exclusively to the drop of oil prices globally. A disproportionate number of the lost jobs were among the middle-skilled workforce. Meanwhile, the recent settlements stemming from the Deepwater Horizon oil spill are expected to create a surge of environmental restoration activity in the Gulf of Mexico region that has the potential to create thousands of new jobs over the next decade and beyond. Consequently, there is a need to develop education, training and apprenticeship programs that will help develop flexibility and complementary skill sets among middle-skilled workers that could help reduce the impacts of economic downturns and meet the needs of newly expanding sectors such as the environmental restoration field. This

  19. Development of taxation system for oil production companies in Russia

    Science.gov (United States)

    Salmina, S. V.; Sboeva, I. M.; Selivanovskaya, J. I.; Khafizova, A. R.; Fomin, V. P.

    2018-01-01

    The present article is devoted to the taxation system for oil production companies in Russia. The role of oil production companies in the realization of the fiscal function of the state is shown. Tax and due receipts at the consolidated budget of the Russian Federation from major economic sectors in the years 2013-2015 are presented and analysed. An investigation of oil production taxation peculiarities is carried out. In particular, mineral extraction tax analysis is made, the said tax being one of the basic taxes paid by oil production companies. The authors come to a conclusion that mineral extraction tax in Russia needs reforming. Based on the investigation realized possible ways of taxation system development in respect of oil production companies in Russia are proposed. Thus, taking into account the fact that oil industry is very important for budget revenue formation, initially it is planned to test the new taxation system principles in a limited number of deposits, so called ‘pilot projects’. For highly profitable minefield deposits it is planned to introduce progressive and regressive index, varying depending on oil prices. Within the framework of the investigation the authors come to a conclusion that it is necessary to introduce gradually the taxation system based on the definition of surplus profit depending on the cost effectiveness and taking into account oil prices.

  20. Development of oil and gas service as organizational form of entrepreneurship in post-industrial economy

    Directory of Open Access Journals (Sweden)

    Н. В. Василенко

    2017-10-01

    Full Text Available The article is devoted to the problem of development of oil and gas service. The transformation of the oil and gas sector with the separation of independent enterprises and organizations providing services in the oil and gas service sector is compared by the author with the trend of rapid development of the service sector in the postindustrial economy. The purpose of the study is to identify the general and specific characteristics of modern oil and gas services and to determine the directions for the transformation of organizational forms of entrepreneurship in the sphere under consideration. The growth of quantitative parameters of the oil and gas services market has been analyzed. The classification of this market is proposed depending on the place of services in a single technological cycle in relation to the main oil production process. The positive consequences of the development of oil and gas services for the development of oil and gas production have been systematized. Basic organizational models of entrepreneurship development in oil and gas service are generalized and substantiated. It is shown that the main influence in the market of services is taken by vertically integrated national oil and gas companies, as well as by international companies that provide service support for the work of Russian oil and gas companies. The results of a comparative analysis of advantages and disadvantages of organizational models of entrepreneurship in the field of oil and gas services are presented. It is proved that oil and gas service as an organizational form of entrepreneurship in its development reflects the general trends of the post-industrial economy. Specific features of oil and gas service in Russia are singled out. The revealed directions of transformation of organizational forms of entrepreneurship in the sphere of oil and gas service in current conditions can be used in the formation of state programs in the field of industrial

  1. A Bear At My Door: How To Stop Future Russian Aggression

    Science.gov (United States)

    2016-02-16

    Sunni controlled Organization of Petroleum Exporting Countries’ (OPEC) saturation of the oil market has had a major impact on the Russian economy ...Shirtless horse rides with media coverage, military incursion into Crimea days after the closing ceremony of the Olympics , or having his Russian...Russian incursion and once this occurs what will be the impact ? Is the occupied nation militarily capable of a quick ten day victory as in Slovenia or

  2. Czechs and Slovaks in Russian Captivity during World War I (1914-1918)

    OpenAIRE

    Oksana E. Dmitrieva

    2013-01-01

    The article is focused on the features of more than 250 000 Czechs and Slovaks in Russian captivity during World War I: the amount, quartering and supply benefits, work in various sectors of the Russian economy, military units formation, social and national organizations activities, charity support. The conditions of Czechs and Slovaks captivity are recollected. New sources are introduced into scientific use.

  3. Russian electricity reform. Emerging challenges and opportunities

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2005-07-01

    The Russian Government is pursuing a strategy of very high economic growth, with the objective of doubling gross domestic product in ten years. It recognises the central role the electricity sector has to play to achieve this target and has embarked on a highly ambitious program of electricity reform. If it is to succeed, the reform program will have to create market structures, market rules and a regulatory framework that will foster competitive wholesale and retail electricity markets. At the same time, it will have to deal with sensitive social issues related to tariff rebalancing and the removal of cross subsidies. Only competitive markets based on transparent prices that reflect costs can deliver the efficient, reliable and internationally competitive performance needed to meet the government's economic targets. Such markets are essential to attract new investment that will be required to ensure security of electricity supply after 2010. This book focuses on key aspects of the proposed reform that could have an important bearing on its success. It also raises concerns as to the pace of reform in related areas, such as the need for complementary reforms in the Russian natural gas sector. The IEA commends the Russian Government on its efforts to embrace this electricity reform - a key element critical to meeting the challenges ahead in terms of its economic growth and energy security. 17 figs., 10 tabs., 3 maps.

  4. Canada's hydrogen energy sector

    International Nuclear Information System (INIS)

    Kimmel, T.B.

    2009-01-01

    Canada produces the most hydrogen per capita of any Organization of Economic Cooperation and Development (OECD) country. The majority of this hydrogen is produced by steam methane reforming for industrial use (predominantly oil upgrading and fertilizer production). Canada also has a world leading hydrogen and fuel cell sector. This sector is seeking new methods for making hydrogen for its future energy needs. The paper will discuss Canada's hydrogen and fuel cell sector in the context of its capabilities, its demonstration and commercialization activities and its stature on the world stage. (author)

  5. Russian Political, Economic, and Security Issues and U.S. Interests

    Science.gov (United States)

    2007-01-18

    polonium 210 from Moscow, through Germany, to London, apparently carried by one of the Russians Litvinenko met November 1. Russian authorities deny...Russia’s needs — food and food processing, oil and gas extraction technology, computers, communications, transportation, and investment capital — are

  6. Russian nuclear industry exports

    International Nuclear Information System (INIS)

    Gorbatchev, A.

    2016-01-01

    Rosatom is the world leader for the export of nuclear technologies. 34 reactors of Russian technology are being built or planned worldwide. Most reactors proposed by Rosatom are third generation VVER-1200 units with an electric power output of 1200 MWe. Although the nuclear island is always built by Rosatom, the remain of the plant can be subcontracted to other enterprises and European companies are sought because they would bring a european quality touch to Russian works. One of the main assets of Rosatom is to propose an integrated offer from supplying nuclear fuel to managing nuclear waste via the turnkey building of nuclear power plants. Another important asset is the financial assistance of the Russian state through state credit or the support from Russian national banks that appears to be a decisive advantage in the international competition to win markets. We have to temper the Russian export perspectives by noting that most projects are set in countries that are prone to instabilities and that the economic crisis affecting Russia has a negative impact on its financial means. (A.C.)

  7. Forecasting of Energy and Petroleum Consumption by Motor Transport in the Regions of the Russian Federation

    Directory of Open Access Journals (Sweden)

    Leontiy Viktorovich Eder

    2017-09-01

    Full Text Available The paper offers the directions for the improvement of methodological approach to forecasting the energy consumption in transport, taking into account special features of Russian regions. The authors developed a multivariate model allowing to predict the motor vehicle rate specified for the regions of the Russian Federation depending on the economic, social and institutional features. We formalized the dynamic (trend model for predicting the effectiveness of energy consumption per unit of the vehicle in Russia with details on Federal districts. In the study, in predicting the number of motor transport, the authors applied the methods of economic and mathematical simulation modelling based on the results of the econometric analysis for the calculation of the population having motor transport. In determining the potential specific energy consumption, we have aggregated trending patterns and convergence. The study has shown that by 2040, the number of passenger cars in Russia will grow to 57.1 million, and the total number of all types of road transport will grow by 14.9 million units to 66.2 million. The highest growth rates are predicted in the Central regions of Russia and in some areas of Siberia. The smallest growth rates are expected in the Chukotka Autonomous District, Kamchatka and Primorsky regions. Energy efficiency in transport and active introduction of alternative motor fuels, primarily methane, will reduce the consumption of gasoline and diesel fuel by motor transport. Thus, in the forecast period of 2018–2040, the consumption of petroleum products by motor transport will be reduced by 8.9 million tons: from 61,9 million tons of oil to 51.7 million tons of oil. The results of the study can be applied for the formulation of proposals on the creation of scientific and methodological apparatus to predict the development of transport sector and oil products supply in of the regions of Russia.

  8. Terms of trade and Russian economic development

    Directory of Open Access Journals (Sweden)

    Georgy Idrisov

    2016-09-01

    Full Text Available The paper discusses economic development trends in Russia in late 2014 and 2015 and reviews the basic mechanisms of how changes in the terms of trade affect the economic development of countries from a historical perspective and with a particular focus on those changes in the Russian economy that occurred in late 2014 and 2015. The authors demonstrate that structural reforms aimed at diversification of production and exports are necessary for sustainable economic development, for social stability and for reducing the impact of variability in the terms of trade on the Russian economy. During periods of instability in the government agenda's measures for the real and financial sectors, it is necessary not only to compensate economic agents losses caused by changes in the terms of trade but also to improve the economic structure and to develop and enhance the stability of the financial markets.

  9. Convergence on Cooperation: The Driving Factors in U.S. and Russian Cooperation on Belarus

    National Research Council Canada - National Science Library

    Brown, John W

    2005-01-01

    .... It then examines the mutuality of U.S. and Russian interests in Belarus in the areas of democracy and human rights, drug and human trafficking, arms proliferation, oil and gas transit, and Russo-Belarusian trade and political integration...

  10. Russian Sentence Adverbials

    DEFF Research Database (Denmark)

    Lorentzen, Elena; Durst-Andersen, Per

    2015-01-01

    way or the other to take their starting point in the previous discourse. It is, however, stressed that the specificity of the Russian language is found in modal adverbials where a division between external and internal reality exists. We end the examination by discussing the function of word order......Sentence adverbials (SA) in Russian are analyzed in their totality, i.e. from a lexical, syntactic, semantic and pragmatic point of view. They are classified according to Hare’s three utterance components which yields (1) neustic, (2) tropic and (3) phrastic SAs. These components are used...... to represent semantic paraphrases of Russian SAs in utterances from various types of discourse in order to show their exact contribution to the meaning conveyed by the entire utterance. They are further subdivided according to their function: (1) into connectives and non-connectives; (2) into attitudinal...

  11. Russian Far East's future hinges on political fate

    International Nuclear Information System (INIS)

    Khartukov, E.M.

    1992-01-01

    This paper reports that according to recent geological surveys, the Russian Far East (RFE), encompassing former Soviet territories east of Eastern Siberia and Transbaikalia, is endowed with impressive fossil fuel resources, However, up to now, this energy resource potential has been rather modestly explored and developed. In particular, explored (proved and probable) reserves of liquid hydrocarbons (crude and condensate) in 40 known oil and gas accumulations are estimated at only 2.2 billion bbl, corresponding to one-seventh of RFE potential, recoverable oil resources. Putting these reserves data into the frame of national comparisons, one can conclude that, on the whole, explored RFE oil potential constitutes a negligible fraction (less than 1%) of Russia's oil reserves, while the region's gas endowment, though modest compared with that of northwestern Siberia, contributes nearly 60% of the Russian Federation's offshore gas reserves

  12. Energy. Sector 1

    International Nuclear Information System (INIS)

    1994-01-01

    The aim of this article is to report the results of the greenhouse gas (GHG) emission inventory for the year 1994. The following GHG are of interest in the energy sector: Carbon dioxide CO 2 , methane CH 4 , nitrous oxide N 2 O, oxides of nitrogen NO x , carbon monoxide CO, sulphur dioxide SO 2 and non-methane volatile organic compounds (NMVOCs). The inventory has focused on the following GHG related sources: -Electricity generation through the electric utility. -Private generation of electricity -Manufacturing industries and construction -Transport: road, domestic aviation and national navigation -Energy use in the residential sector -Energy use in the commercial/institutional sector -Energy use in the agriculture/forestry/fishing sector The fuel types taken into consideration are:Gasoline, jet Kerosene, Kerosene for household use, gas oil, diesel oil, fuel oil, LPG, lubricating oil, coal, wood and charcoal (solid biomass). Care has been taken to eliminate the fuel used by international marine and aviation bunkers from the national inventory. The amount of GHG released to the atmosphere has been estimated using the IPCC methodology and emission factors .Where national emission factors differed from those of IPCC, the factors are discussed. Complete documentation of compiled information and data sources are attached to this article.Finally both the reference approach and analysis by source categories have been carried out and are reported in this inventory

  13. Energy audit at Russian dairies. Energy guidance

    Energy Technology Data Exchange (ETDEWEB)

    Draborg, S [Dansk Energi Analyse A/S, Vanloese (Denmark); Sheina, L S; Kolesnikov, A I [RDIEE, Moscow (Russian Federation)

    1999-12-31

    The project encompassed following activities: Elaboration of a description of the Russian dairy sector including a mapping of the entire sector in respect of production capacity, actual production, products, production technologies and energy consumption; Energy audits at twelve selected dairies with different typical productions; Elaboration of an `Energy Audit Guidance` which describes how to perform energy audits in dairies and where to expect energy saving possibilities. The energy savings possibilities are often due to the same kind of problems, e.g. low production, inefficient equipment or manually control of the process equipment. The main problems that Russian dairies faces can be divided into the following categories: Old and inefficient technological equipment which is operated at low capacity with very low energy efficiency; Lack of knowledge about new energy efficient technologies; Financial problems which causes low interest and few possibilities for using funds for investment in energy efficient equipment; Energy savings do not lead to personal gains for the persons in the dairy management or other employees which causes low interest in energy savings. At some dairies it seemd to be a problem for the management to adapt to the new and very different conditions for enterprises in Russian today, where sales, production, production capacity and raw milk available are interconnected. With respect to energy matters it was often a wish to replace existing oversized equipment with new equipment of the same size no matter that it is unlikely that the production will increase considerable in the future. The project has discovered that there is a need for demonstrating energy saving measures by implementation because it was in many ways hard for the dairy management`s to believe that, the energy consumption could be reduced dramatically without affecting the production or the processes. Furthermore, the project has discovered a need for transferring to the

  14. Energy audit at Russian dairies. Energy guidance

    Energy Technology Data Exchange (ETDEWEB)

    Draborg, S. [Dansk Energi Analyse A/S, Vanloese (Denmark); Sheina, L.S.; Kolesnikov, A.I. [RDIEE, Moscow (Russian Federation)

    1998-12-31

    The project encompassed following activities: Elaboration of a description of the Russian dairy sector including a mapping of the entire sector in respect of production capacity, actual production, products, production technologies and energy consumption; Energy audits at twelve selected dairies with different typical productions; Elaboration of an `Energy Audit Guidance` which describes how to perform energy audits in dairies and where to expect energy saving possibilities. The energy savings possibilities are often due to the same kind of problems, e.g. low production, inefficient equipment or manually control of the process equipment. The main problems that Russian dairies faces can be divided into the following categories: Old and inefficient technological equipment which is operated at low capacity with very low energy efficiency; Lack of knowledge about new energy efficient technologies; Financial problems which causes low interest and few possibilities for using funds for investment in energy efficient equipment; Energy savings do not lead to personal gains for the persons in the dairy management or other employees which causes low interest in energy savings. At some dairies it seemd to be a problem for the management to adapt to the new and very different conditions for enterprises in Russian today, where sales, production, production capacity and raw milk available are interconnected. With respect to energy matters it was often a wish to replace existing oversized equipment with new equipment of the same size no matter that it is unlikely that the production will increase considerable in the future. The project has discovered that there is a need for demonstrating energy saving measures by implementation because it was in many ways hard for the dairy management`s to believe that, the energy consumption could be reduced dramatically without affecting the production or the processes. Furthermore, the project has discovered a need for transferring to the

  15. Russian naval bases due commercial development

    International Nuclear Information System (INIS)

    Anon.

    1992-01-01

    Tecnogrid Group, New York, has signed a joint venture with the Russian Navy for commercial development of a wide range of sea dn land based assets owned by the former Soviet Navy. This paper reports that among other things, the venture aims for projects that will allow greater volumes of oil exports by revamping several naval bases. Tecnogrid's partner in the joint venture is AO Navicon, A Russian stock holding company that is the commercial arm of the Navy. Navicon has the sole right to commercially develop and deploy the Navy's assets. The Navy can no longer depend on the state for support, and Adm. Ig. Malhonin. With that in mind, the Navy is looking to become the leading force in moving toward a free market economy. Mahonin is Russia's second ranking naval official

  16. Petroleum privatization and institutional environment: the Russian example; Privatisation petroliere et environnement institutionnel: l'exemple russe

    Energy Technology Data Exchange (ETDEWEB)

    Locarelli, C.; Finon, D

    2003-09-01

    This paper treats of the reform of the Russian hydrocarbons industry using an institutionalistic approach. The theoretical objective of the privatization is the installation of a growth scheme based on important productivity gains, through large scale re-structuration, investments for the reproduction of oil and gas reserves, and big infrastructures development. The choice of this sector is justified because it represents an extreme case of inadequateness of the measures preconized by the Washington consensus with respect to the institutional environment. Stress has been put on the modification of the property rights of companies. The introduction of market institutions in a transition economy has led to an opportunistic adaptation of the behaviour of private and government actors. There is a clear correlation between the insecurity of property rights in general and the abundance of exploitable and exportable natural resources. Then, the privatization and the limited performance of the hydrocarbons sector in Russia is analyzed in terms of efficiency and long-term strategy, essential for a resources industry to make reserves. The unexpected results of this privatization are explained using an analysis of the market institutions applied to the very specific institutional environment of the Russian economy. Finally, the inadequateness of these institutions with the initial informal institutions has led to adaptations fully dependent of the institutional path with the necessity of preserving a minimum inter-industrial consistency. (J.S.)

  17. Oil in the former Soviet Union: Historical perspectives, long-term outlook

    International Nuclear Information System (INIS)

    Reinsch, A.E.; Lavrovsky, I.; Considine, J.I.

    1992-01-01

    The complex, far-reaching changes that have come over the oil industry of the Russian Federation and other republics of the C.I.S. were reviewed. Three development scenarios were considered. In the reference case, the deterioration in C.I.S. oil production was stemmed by the middle of the decade, and as a result net exports were gradually tightened, placing upward pressure on world oil prices. The situation would reverse by 1997-98, with recovery in domestic oil production and increase in export volumes. In the best case scenario, successful integration of the oil industry into the international business community was assumed to result in the maintenance of drilling activity at the 1990 level. In the worst case scenario, it was assumed that the simmering social strife and political tensions in the oil producing regions were allowed to boil over, resulting in a dramatic reduction of drilling activity. One of the characteristics common to all three scenarios was the close linkage between developments in the domestic oil sector and the pattern of general economic activity. Conversely, it was stated that without a reliable and growing energy sector it was almost impossible to generate a plausible scenario in which economic growth and domestic product demand would move forward. A promising channel would be the establishment of supporting organizational frameworks through the regionalization of foreign investment. figs., tabs., refs

  18. Astrophysical Russian Dolls

    OpenAIRE

    Loeb, Abraham; Imara, Nia

    2017-01-01

    Are there examples of "astrophysical Russian dolls," and what could we learn from their similarities? In this article, we list a few such examples, including disks, filaments, and clusters. We suggest that forging connections across disciplinary borders enhances our perception of beauty, while simultaneously leading to a more comprehensive understanding of the Universe.

  19. RUSSIAN LANGUAGE COURSES

    CERN Document Server

    2000-01-01

    Russian Language Courses will be given at CERN from mid-September. For details, please call the teacher, Mrs Mascha Mikhailova, tel. + 41 22 782 62 29. At CERN, please send an e-mail to esthel.laperriere@cern.ch.

  20. The problems and threats of innovative development of Russian regions

    Directory of Open Access Journals (Sweden)

    Irina Markovna Golova

    2014-03-01

    Full Text Available Based on the analysis of the main indicators of innovative development of the Russian Federation for 2006–2013, the most acute problems and risks impeding the transition economy of Russian regions to the innovative model are revealed. There are problems of a further narrowing of the science sector, the continued reduction of human scientific potential, extremely slow formation of innovation sector, in particular the small increase of the share of innovation active enterprises, as well as volumes of their new products. The article pays particular attention to the tasks of improving regional innovative policy aimed at creating of the conditions for the formation and expanded reproduction of full-cycle innovation, involvement the business sector in the innovation processes, and the correlation between the regions innovation and socio-economic policies.

  1. Russian Medieval Military Architecture

    Directory of Open Access Journals (Sweden)

    Rappoport, Pavel

    1969-12-01

    Full Text Available In Russia defensive works were not less important than in Western Europe. Russian chronicles are full of reports of the building of towns, of their siege and defence. In Ancient Russian the word town meant not a town in the modern sense, but only a fortified settlement as distinct from an unfortified one. Thus the concept town applied to medieval towns proper and to citadels, feudal castles and even fortified villages. Every population centre with a wall round it was called a town. Moreover, until the 17th century this word was frequently applied to mean the fortifications themselves.

  2. Economic Sanctions as a Factor of Modernizing of Russian Defense Industry Complex

    Directory of Open Access Journals (Sweden)

    Rustem M. Nureev

    2017-09-01

    Full Text Available The article is devoted to the analysis of the defense-industrial complex (DIC of Russia in the conditions of economic sanctions. And although the center was the oil and gas industry, as well as the banking sector, economic sanctions against Russia affected the DCI. They touched first of all on such large Russian defense concerns as air defense "Almaz- Antey", "Sirius", "Stankoinstroment", "Kalashnikov", "Tula Arms Factory", NGO "Oriental Complexes", as well as "Dobrolyte". The prohibition of debt financing has affected such major enterprises of the defense industry as "Uralvagonzavod", "Oboronprom", "United Aircraft Corporation". The article shows, in general, the favorable impact of sanctions on the industry. At the end of 2016, Russia took the second place in world arms exports with a share of 23%, the US became the leader – their share was 33%. But the structure of the share capital in the defense industry companies is completely different if we compare these two countries: in the US, private companies dominate the market, in Russia – the largest enterprises are owned by the state. In the course of the analysis, it turned out that Russian defense industry enterprises are unprofitable or unprofitable, they do not have stability in financial performance, since they are highly dependent on government spending. To improve the current situation in this sector, it is advisable for the state to modernize the military-industrial complex companies in order to enhance the role of market mechanisms that will stimulate R & D, as under modern conditions of competition in any market, innovations represent an exclusive advantage for enterprise prosperity.

  3. Russian nuclear survey

    International Nuclear Information System (INIS)

    2002-07-01

    This document gives a broad overview of the organization of nuclear activities in the Russian federation: Minatom activities, nuclear park and availability (reactors, performances, export activity), perspectives of development (improvement of safety, age of reactors, new realizations); fuel cycle (uranium production, conversion and enrichment, fuel fabrication, spent fuel reprocessing); wastes management (storage and disposal sites); R and D activities (organizations) and nuclear safety authority. (J.S.)

  4. New Russian law

    International Nuclear Information System (INIS)

    Anon.

    1996-01-01

    The information about the Russian Federation law dealing with population radiation safety signed by the President in January 1996 is given. The law is based on a new strategy of radiation protection including the mean efficient dose from all ionizing radiation sources as the main factor for evaluation of the safe level for the population. The norms stated in the law will become valid from January 1, 2000

  5. Agriculture Sectors

    Science.gov (United States)

    The Agriculture sectors comprise establishments primarily engaged in growing crops, raising animals, and harvesting fish and other animals. Find information on compliance, enforcement and guidance on EPA laws and regulations on the NAICS 111 & 112 sectors.

  6. Western values and the Russian energy weapon

    Science.gov (United States)

    Domingues, Bennett K.

    This thesis explores the competition between Russia and the West for the oil and gas resources of the Caspian Sea region, an area where far more is at stake than simply acquisition of new energy supplies. Ultimately, the "winner" of the competition for Caspian Sea energy resources will determine whether Russia will become the primary energy supplier for Europe in the future, or whether there will be alternative, non-Russian energy routes from East to West. The thesis uses a qualitative approach, drawing on scholarly books and articles, current affairs publications, energy firm websites, and other sources to compare the ethical aspects of the strategies used by Russia and the West, to determine whose strategy has been more successful, and to analyze what this means for the political, economic, and security future of Europe. As this thesis demonstrates, Russia recognizes the importance of energy as both an economic and foreign policy tool. To secure access to the resources of the Caspian Sea region, Russia has used bribery and strongman tactics to secure arrangements and contracts favorable to Russian interests. When a country does not capitulate to these tactics, Russia applies other measures to influence these countries' policies. This thesis draws on two recent examples, Ukraine and Georgia, to demonstrate how Russia has used its position as a supplier of energy resources to influence countries to adopt policies complementary to Russian interests, or to punish them for failing to do so. The effectiveness of these Russian tactics is an important precedent for the countries of the Caspian Sea region to keep in mind as they make decisions that will determine their economic and political future for decades to come. In contrast, the western strategy of promoting quality products and services, while ensuring safety and conducting business according to western ethical norms, has been less successful than western firms originally envisioned. Undoubtedly western firms have

  7. The reorganization of the Russian hydrocarbons industry: an overview

    International Nuclear Information System (INIS)

    Locatelli, C.

    1995-01-01

    The purpose of this article is to present the main guidelines for the reorganization of the Russian hydrocarbon industry. Specifically, it focuses on the economic conditions concerning the constitution of Russian oil companies in an uncertain environment. In Russia, one of the main problems is to create autonomous energy enterprises. The main conclusion is that up to now the reorganization has been essentially juridical, connected with the constitution of joint stock companies. From an economic point of view, the organizational model behind these joint stock companies is not very well defined and lacks clearly defined coordination mechanisms. (author)

  8. Official quality controls and the fight against fraud in the olive oil sector in Catalonia. Results 2011–2014; Controles oficiales de calidad y lucha contra el fraude en el sector del aceite de oliva en Cataluña. Resultados 2011–2014

    Energy Technology Data Exchange (ETDEWEB)

    Cugat, G.; Biel, M.R.

    2016-07-01

    This article highlights the key aspects of the official control procedures concerning quality and in the fight against food fraud in the oil sector implemented in Catalonia by the Ministry for Agriculture, Livestock, Fisheries and Food of the Government of Catalonia and, more specifically, by the Subdirectorate General of Agri-food Inspection and Control. This summarized view focuses on issues related to the legality and competence framework for official controls, the goals and purpose thereof, the area’s object of investigation and technical scope, the stages of the food chain at which measures are carried out, the types of inspection and control actions and the main investigation techniques. It also presents the results of the inspections, with a summary of the types of irregularities detected in the olive oil sector over the 2011–2014 period. [Spanish] En este artículo se exponen los aspectos más relevantes del control oficial en materia de calidad y lucha contra el fraude alimentario en el sector del aceite, efectuado en Cataluña por el Departamento de Agricultura, Ganadería, Pesca y Alimentación de la Generalitat de Catalunya, y en concreto, por la Subdirección General de la Inspección y Control Agroalimentario. De manera resumida se focaliza en los aspectos relacionados con el marco legal y competencial del control oficial, objetivo y finalidad del control oficial, ámbitos objeto de investigación y alcance técnico, fase de la cadena alimenticia donde se realiza, tipo de actuaciones de inspección y control y principales técnicas de investigación. Asimismo, se resentan los resultados de las inspecciones, con un resumen de los tipos de irregularidades detectadas en el sector del aceite de oliva en el período 2011–2014.

  9. The processes of mergers and acquisitions in the Russian banking business

    Directory of Open Access Journals (Sweden)

    Gritsenko S. E.

    2017-02-01

    Full Text Available the article is dedicated to the changes in the banking sector due to sales and aggregation of the small and medium-sized banks. This paper describes the processes of consolidation and aggregation of the banking sector in Russia, it analyses the dynamics of the M&A deals and identifies the main trends in this market segment for 2017–2018. Based on the overview of the Russian M&A market (M&A means mergers and acquisitions in the banking sector for the past years a conclusion is drawn about the aims and rationale of the modern processes of mergers and acquisitions in the Russian banking business.

  10. Ethnic Russian Minority in Estonia

    Directory of Open Access Journals (Sweden)

    Włodarska-Frykowska Agata

    2016-12-01

    Full Text Available The article examines the position of Russians in Estonia and their relation with ethnic Estonians. The author analyzes models of the society integration introduced by Tallinn after 1991. The results raise questions regarding language education in Estonia, the proficiency level of Estonian is getting widely known by Russians, but on the other hand, there is still a significant part of the population that cannot communicate in Estonian. Those who have a good command of Estonian tend to be better integrated and to coexist with both Estonians and Russians. Russians living in Estonia are supposed to be equally involved in social and political life of the state. The potential of all residents has to be effectively and considerably used, especially when the number of population is decreasing. The position of Russians in Estonia is a major domestic and bilateral issue in the relations with the Russian Federation.

  11. Russian electrometallurgy: Achievements, problems, prospects

    Science.gov (United States)

    Utochkin, Yu. I.; Semin, A. E.

    2011-12-01

    The changes in the Russian metallurgy, in particular, electric furnace steelmaking, having occurred in the recent years are analyzed. The main increase in the steelmaking output is due to putting into operation of new electric furnaces in new miniworks and enterprises equipped earlier with open-hearth furnaces. Reaching the rated capacity of a furnace in Russia substantially lags behind foreign enterprises. Only 30-35% of the Russian market of corrosion-resistant steel are provided by Russian metal.

  12. Rhetoric versus reality: Russian threats to European energy supply

    International Nuclear Information System (INIS)

    Goldthau, Andreas

    2008-01-01

    European gas demand will rise from presently 540 billion cubic meters (bcm) to around 800 bcm in 2030. As more than 50 percent of overall European imports originate from Russia, fears have been expressed that the Kremlin could use energy resources as a foreign policy tool. A thorough assessment of domestic consumption, production and investment volumes however reveals that Russian supply will have difficulties in matching growing domestic and European demand. Hence, as the author argues, the threat to European gas supply does not lie in geopolitics, but rather in a lack of investment in the Russian upstream sector. Higher domestic Russian gas prices, enhanced energy efficiency and increases in non-Gazprom production would however make it possible for Russia to meet domestic demand and its export commitments for natural gas

  13. The Russian Orthodox and Islamic Languages in the Russian Federation

    NARCIS (Netherlands)

    Bustanov, A.K.; Kemper, M.

    2013-01-01

    What happens to the Russian language if it is used by Muslims? Bustanov and Kemper (2012) analyzed the use of Islamic terminology in a variety of texts by contemporary Muslim authors from several regions of the Russian Federation. This led them to the hypothesis that one can speak of a new

  14. Between Oil and Reindeer

    NARCIS (Netherlands)

    Tulaeva, S.; Tysyachnyouk, M.

    2017-01-01

    This research provides insight into various modes of benefit-sharing agreements between oil and gas companies and indigenous people in the Russian Arctic and Subarctic regions. We indicate three main modes of benefit sharing, as follows: (1) paternalism, (2) corporate social responsibility, and (3)

  15. Can zoning resolve nature use conflicts? The case of the Numto Nature Park in the Russian Arctic

    NARCIS (Netherlands)

    Pristupa, A.O.; Tysyachnyouk, M.; Mol, A.P.J.; Leemans, H.B.J.; Minayeva, Tatiana; Markina, Anastasia

    2017-01-01

    In the Russian Arctic, nature protection is important to preserve valuable ecosystems and indigenous lifestyles against the rapidly expanding oil and gas activities. In this regard, zoning legitimately balances influential stakeholders versus weak ones, and can leverage stakeholders to exercise

  16. Russian gas in 1993

    International Nuclear Information System (INIS)

    Wilson, D.C.

    1994-01-01

    Natural gas output in Russia fell by 3.5% in 1993. This followed decades of rapid growth in production reaching a peak in 1991 and a minor fall in 1993. Gas consumption also peaked in 1991 and fell by 5% over the two following years. The major cause of the decline in consumption is the fall in electricity demand which has accompanied the economic recession. Gas has accounted for about 60% of the reduction in fuel consumption by power stations. Gas consumption by industrial and municipal boilers has also dropped steeply although household and other municipal consumption has increased. The fall in demand does not wholely account for the fall in production, however. Apart from Yamburg, all operational gas fields have now reached the stage of declining production. Government officials are talking tentatively of 1997 as the turning point for the Russian economy and following this, the demand for gas will rise again. It is not certain, however, that the industry will be able to meet the increased demand which is anticipated. Most of the increased production will have to come from new fields in the Yamal Peninsular the development of which is proceeding much more slowly than planned. In the longer term, possibly in the early years of the next century, the Shtokmanovsk gasfield in the Barents Sea may be developed. Other aspects of the Russian gas industry briefly covered are reserves, financing of exploratory drilling, investment, intra-CIS trade and exports and privatisation of the state owned company Garyprom. (UK)

  17. Do Russians Need Cliotherapia?

    Directory of Open Access Journals (Sweden)

    Boris N. Mironov

    2016-10-01

    Full Text Available The author gives detailed answers to the comments made by all eighteen round table participants in the course of the discussions that unfolded around his book “The Russian Empire: From Tradition to Modernity”. A fundamental debate on many of the issues raised in the book is conducted in the article. Among them: methodology and technique, in particular, the use of a variety of research strategies, the application of comparative historical approach, interdisciplinarity, macro- and micro-analysis, the search for patterns, the role of concepts, and the relationship between empirical and analytical aspects in the study. Much attention is paid to the controversial aspects of ethnoconfessional policies, mentalité and historical psychology, the unresolved issues of serfdom and colonization, cultural capital and educational policies, as well as self-government and civil society. The discussion concerning the specifics of Russian modernization and the issue of myth making occupies an important place in the article, as does historical optimism and cliotherapy.

  18. The unitization process in the oil and gas Brazilian sector: regulations analysis; A regulacao no processo de unitizacao na exploracao de petroleo e gas natural no Brasil

    Energy Technology Data Exchange (ETDEWEB)

    Vazquez, Felipe A. [Universidade Federal do Rio de Janeiro (UFRJ), RJ (Brazil); Silva, Moises E. da [Universidade Federal do Rio de Janeiro (UFRJ), RJ (Brazil); Bone, Rosemarie B. [Universidade Federal do Rio de Janeiro (DEI/UFRJ), RJ (Brazil). Dept. de Engenharia Industrial

    2008-07-01

    In Brazil, the withdraw of 41 blocks of the 9th Round of Auctions by ANP rose questions about the possible unitization of oil fields, particularly on the pre-salt areas and the likelihood of future litigation from licensees against the Brazilian Government on the issue. Based on the international experience from Nigeria and East Timor/Australia, we propose improvements to the Brazilian law on the issue (Law 9478/97, article 27). We conclude that a clear and specific regulation on the unitization issue should be passed, so to protect investors and the non-renewable resources at stake (oil and gas). (author)

  19. The Western Balkans Geopolitics and Russian Energy Politics

    Directory of Open Access Journals (Sweden)

    Muhidin Mulalic

    2014-12-01

    Full Text Available The Energy politics is today at the center of the Russian and the Western Balkans relations. It is widely known that Russia has been playing significant role in world energy supply. Therefore, Russian energy companies have taken a leading role in the promotion of their businesses in the Western Balkans. The Western Balkans region has become geostrategic partner as a transit route for the integration of Russia into the global energy world market. With regards to the transportation of gas Western Balkans as a transit route is determined to fully realize South Stream project. In contrast to “a buffer zone” role, in the past few decades the Western Balkans gained an attention from Russia and became an important geopolitical bridge towards Western Europe. Such geopolitical and geostrategic planning of Russia is apparent with regards to gas and oil. Due to Russian South Stream gas pipeline project the Western Balkans became an important European energy transforming center. These new geostrategic games over the pipeline have also revived the Russian historical interests in the Balkans. This paper aims to analyze Russian-Western Balkans relations with special emphasis on energy politics and geopolitical and geostrategic interdependence of Russia and the Western Balkans.

  20. Czechs and Slovaks in Russian Captivity during World War I (1914-1918

    Directory of Open Access Journals (Sweden)

    Oksana E. Dmitrieva

    2013-01-01

    Full Text Available The article is focused on the features of more than 250 000 Czechs and Slovaks in Russian captivity during World War I: the amount, quartering and supply benefits, work in various sectors of the Russian economy, military units formation, social and national organizations activities, charity support. The conditions of Czechs and Slovaks captivity are recollected. New sources are introduced into scientific use.

  1. Massive open online courses in foreign and Russian education system

    Directory of Open Access Journals (Sweden)

    Сергей Дмитриевич Каракозов

    2014-12-01

    Full Text Available The article discusses the phenomenon of MOOC (Massive Open Online Courses, which opened up new opportunities for the distance learning. Shows the advantages and disadvantages of the MOOC, the prospects of their use in the education system of Russia and in particular in the sector of teacher education. Research is executed within the State task Ministry of Education and Science of the Russian Federation, number of the state registration - 01201153724.

  2. New Sustainable Tourism Product Development for Russian Customers

    OpenAIRE

    Racheeva, Polina

    2015-01-01

    Sustainable tourism is a new concept for tourism sector; it is tourism that reduces negative tourism impacts and brings benefits instead. The current problem of sustainable tourism is lack of attractive tourism products. Their development is crucial since customers seek for experiences at a destination. Russians are an important segment for Finnish tourism, therefore their consumer behaviours has to be studied. The aim of this research is to find how to develop a tourism product for susta...

  3. The Factor Mobility in the Russian Economy

    Directory of Open Access Journals (Sweden)

    Lyudmila Ivanovna Vlasyuk

    2012-12-01

    Full Text Available On the basis of regional economic data of the Russian Federation the authors implement an empirical test of the theoretical concept according to which factors of production – labour and capital – try to get to the region where their incomings – wages and returns on capital – are the highest, revealing the tendency to their spatial equalization. The result is ambiguous. On the one hand, there are the highest growth rates of wages in regions with the highest growth rates of capital as a consequence of the increase in the marginal product of labor. On the other hand, the initial differences in regional endowments of capital and labour do not generate resource movements. This reveals the paradox: the capital growth rates are the highest in regions with relatively high (in comparison with national median level initial wages which imply a comparatively high capitallabour ratio and a small marginal product of capital. One of such regions, Khabarovsky Krai, is analyzed in details. The authors study two economic sectors in the region – capital-intensive and labour-intensive. It is found that the demand for output of the labour-intensive sector grows faster than that of the capital-intensive sector, resulting in such a reallocation of resources among sectors, which causes the increase of capital-labour ratio and wages in both sectors and in region as a whole. So the paradox can be explained by intra-regional factor movements which were not taken into account in testing of spatial (inter-regional factor movements and of production factor incomings

  4. Russian Energy Strategy and development of renewable power industry

    OpenAIRE

    Bazhanov, Andrei; Tyukhov, Igor

    2008-01-01

    We consider two scenarios of the development of renewable power industry in Russia on an example of the Dasgupta-Heal-Solow-Stiglitz model. We assume that the resource rent is being invested into capital in the form of renewable power technologies according to the standard Hartwick saving rule. We use the modified Hotelling rule that reflects externalities implying, in particular, growing rates of oil extraction. We have shown that the growing extraction, prescribed by the Russian Energy Stra...

  5. Transition of Russian energy industry to a market economy

    International Nuclear Information System (INIS)

    Makarov, A.

    1992-01-01

    The Russian energy industry by totality of politic, social and economic circumstances has entered into the sharpest crisis. Development of energy industry has practically ceased, it has appeared a decline in electricity , oil and coal production. However it has been accumulated a vast intact potential for energy conservation and the change of energy consuming equipment in USSR by the best models of the world could reduce the present annual consumption by about 500 millions.tonnes of coal equivalent

  6. Overview of the Russian nuclear industry

    International Nuclear Information System (INIS)

    2008-02-01

    In 2004, President Poutine decided to replace the atomic energy ministry (Minatom) by the federal atomic energy agency (Rosatom). Several projects were launched during the next two years which aimed at bringing back Russia to the fore front of the world leaders of nuclear energy use and nuclear technology export. In 2007, Rosatom agency was changed to a public holding company and a new company, named Atomenergoprom, was created which gathers all civil nuclear companies (AtomEnergoMash for the exploitation of power plants, Technabsexport (Tenex) specialized in enrichment or Atomstryexport in charge of export activities). Thus, Rosatom is at the head of all civilian and military nuclear companies, of all research centers, and of all nuclear and radiological safety facilities. In 2006, Russian nuclear power plants supplied 15.8% of the whole power consumption. Russia wishes to develop its nuclear program with the construction of new reactors in order to reach a nuclear electricity share of 25% from now to 2020. This paper presents first the 2007 institutional reform of the Russian atomic sector, and the three sectorial federal programmes: 1 - development of the nuclear energy industrial complex for the 2007-2010 era and up to 2015 (future power plants, nuclear fuel centers and reactor prototypes), 2 - nuclear safety and radioprotection for the 2008-2015 era (waste management, remedial actions, radiation protection), 3 - military program (confidential). Then, the paper presents: the international actions (export of Russian technology, cooperation agreements, non-proliferation), the situation of the existing nuclear park (reactors in operation, stopped, under construction and in project), the fuel cycle activities (production of natural uranium, enrichment, fuel fabrication, spent fuel storage, reprocessing, waste management), the nuclear R and D in Russia, and the nuclear safety authority. (J.S.)

  7. European Union and oil

    International Nuclear Information System (INIS)

    Paillard, Christophe Alexandre

    2004-01-01

    In a context of oil price increase, problems about a Russian oil company (Loukos), and uncertainties in the Middle-East, the possibility of a new oil shock is a threat for Europe, and raises the issue of a true European energy policy which would encompass, not only grid development, environmental issues or market regulation issues, but also strategic issues related to energy supply security. This article proposes an overview of the European policy: first steps for a future European energy and oil policy in the green paper of the European Commission published in November 2000, issues of pollution and safety for hydrocarbon maritime transport. The article then examines the possibility of a third oil shock due to a crisis in the Middle East, and discusses whether European must have strategic stocks to face an outage of oil supplies

  8. Russian-Saudian Political Interaction

    Directory of Open Access Journals (Sweden)

    G. G. Kosach

    2017-01-01

    Full Text Available The article analyzes the development of Russian-Saudi political interaction after the restoration (at that time of Soviet-Saudi relations of bilateral relations in September 1990. The article focuses on the role of the Russian Muslim community in shaping the Russian politics towards Riyadh in the 1990-2000s. The authors state there are both periods of “crises” and detente in the development of Russian-Saudi political interaction that were marked by events in Chechnya and former Yugoslavia in 1994-2000, “Arab Spring” 2011, the post-September 2015 era, the Russian anti-terrorist campaign in Syria. The alternation of these periods is the constant of Russian-Saudi political contacts, despite the similarity in the approaches of both sides to the ways and methods of solving crisis situations in the Middle East region, as well as the Saudi’s pro-Russian position regarding the change in the status of the Crimea and the situation in the east of Ukraine. The general attitude of both sides towards ISIS and Jabha al-Nusra as a source of terrorism, regional instability and the challenge of international security does not remove the two main contradictions that divide Moscow and Riyadh – attitude toward the official Syrian regime and the Iran’s regional policy. The study comes to the conclusion that Russia and Saudi Arabia are interested (albeit for various reasons in diversifying their foreign policy and foreign economic relations.

  9. IS RUSSIAN DECOMMODIFYING IN CATALONIA?

    Directory of Open Access Journals (Sweden)

    Микел Кабал-Гуарро

    2017-12-01

    Full Text Available The data collected in an ethnographic study conducted between 2014 and 2016 in tourist areas in Catalonia, Spain shows that the mastery of Russian has become a profitable commodity in Spanish tourism industry. The purpose of this paper is to show where and how Russian is used in the service industry and trace the commodification of the language over time. Against the background of fluctuating numbers of Russian-speaking visitors, this analysis will contribute to a better understanding of processes of language commodification and decommodification and the relationship between wider political and economic con-texts and valorisation of particular languages and speakers.

  10. Oil exploitation regulational framework and effects in the sector and its relation to the whole economy: the case of Brazil’s 1997 change

    Directory of Open Access Journals (Sweden)

    Rodrigo Emmanuel Santana Borges

    2012-01-01

    Full Text Available The world lives a context of energetic pre-crisis, and Brazil has discovered newbig reserves of the “black gold”, which led to changing the regulation framework of itsexploitation in the country. This paper focuses in analysis, from last years, thechanges in oil production and tries to evaluate its effects in growth of production andits links to the rest of Brazilian economy. Using data derived from the I-O matrix in thesupply side, and Balance of Payments data, we try to see if there were meaningfulchanges in the period 1998-2007 from the period 1990-1997 in terms of the oil sectorlinkage to the rest of the economy, technological modernization, its relation toemployment and average earnings, and its impacts in the external insertion of thecountry (exports and dividends balance.

  11. Local content strategies in the oil and gas sector: how to maximise benefits to host communities - Theme paper For the IFRI/CIEP project for TF3 IGU

    International Nuclear Information System (INIS)

    Aoun, Marie-Claire; Mathieu, Carole

    2015-06-01

    Revisiting the geopolitical scene and the current areas of strategic importance, the New Dimensions of Geopolitics and Natural Gas report illustrates the growing role of various stakeholders and their impact on shaping policies. This emerging trend adds new dimensions to the issues already prevalent in the gas industry and leads to higher scrutiny and rising expectations from stakeholders. This theme paper addresses in particular the social impact issue associated with oil and gas extraction activities and the stance of stakeholders in this context. It presents the increasing focus on the creation of productive links between the oil and gas industry and the rest of the domestic economy, showing how the promotion of 'local content' can actually contribute to reversing the 'resource curse' when robust and collaborative strategies are put in place. (authors)

  12. Russian Orthography and Learning to Read

    Science.gov (United States)

    Kerek, Eugenia; Niemi, Pekka

    2009-01-01

    The unique structure of Russian orthography may influence the organization and acquisition of reading skills in Russian. The present review examines phonemic-graphemic correspondences in Russian orthography and discusses its grain-size units and possible difficulties for beginning readers and writers. Russian orthography is governed by a…

  13. Proposal of an integrated methodology for environmental assessment of risks and impacts to be used in strategic environmental assessment studies for the oil and natural gas sector in offshore areas; Proposta de metodologia de avaliacao integrada de riscos e impactos ambientais para estudos de avaliacao ambiental estrategica do setor de petroleo e gas natural em areas offshore

    Energy Technology Data Exchange (ETDEWEB)

    Mariano, Jacqueline Barboza

    2007-03-15

    This thesis aims to purpose an integrated methodology of environmental risk and impact assessment of the exploration and production oil and natural gas activities, to be used in strategic environmental assessment studies. It also analyzes the environmental issues associated with the upstream segment of the Brazilian oil and natural gas industry after the market opening, occurred in 1997. In this context, and under the international experience of countries that also have an open market, the strategic environmental assessment demonstrates to be the more suitable tool of public environmental management to consider the environment already during the planning phase of the oil and natural gas sector. (author)

  14. Chevron Texaco wants Kazakh oil to flow through Slovakia

    International Nuclear Information System (INIS)

    Janoska, J.

    2004-01-01

    Chevron Texaco is offering Slovakia an option for the diversification of its oil stocks. It plans to use the Druzba pipeline to transport about 3 million tons of Kazakhstan oil. Most of it should be delivered to the refinery in Czech Kralupy. Pipeline administrator, the company Transpetrol, rejects the proposal and argues that adjusting the pipeline designed for heavy Russian oil to allow the transmission of light oil would cost over SKK 2 billion (Eur 50.04 million). Transpetrol is managed by Russian concern Yukos. Russian oil companies view Caspian oil as competition and the reaction of Transpetrol only follows in line with this attitude. It may sound paradoxical, but letting Caspian oil flow through the Transpetrol pipelines would help Russian concerns expand to Western European markets. The refinery in Kralupy is connected to the IKL pipeline, which connects the Czech Republic to the German network close to the German refinery in Ingolstadt. The one-way pipeline that the Czech used to decrease their dependency on Russian oil and the Druzba pipeline in the nineties would remain unused and discussions about an investment in a change of flow direction to allow the transport of oil to Germany would take on an entirely new dimension. The interest of Chevron may therefore indicate major changes in the European oil distribution network. If the flow direction of the IKL pipeline were to change, it would not only be possible to transport Caspian oil, but also Russian oil. What's more, both US and Western European companies have their sights set on Czech and German refineries that get their oil form the Caspian region and they are also interested in capital entry to Russian oil concerns. This scenario is likely to come true in the case of Yukos

  15. Quantifiers in Russian Sign Language

    NARCIS (Netherlands)

    Kimmelman, V.; Paperno, D.; Keenan, E.L.

    2017-01-01

    After presenting some basic genetic, historical and typological information about Russian Sign Language, this chapter outlines the quantification patterns it expresses. It illustrates various semantic types of quantifiers, such as generalized existential, generalized universal, proportional,

  16. Russian Federation country report

    Energy Technology Data Exchange (ETDEWEB)

    Labyntseva, Marina [Non governmental educational institution, ' ATOMPROF' , Aerodromnaya st., 4, 197348 St Petersburg (Russian Federation)

    2008-07-01

    Nuclear in the Russian Federation: 31 reactors at 10 nuclear power plants, 454 nuclear material storage facilities, 16475 sources of ionizing radiation, 1508 storage facilities for radioactive material and radioactive waste. Nuclear power: 10 nuclear power plants with total installed capacity of 23.242 GWe, Total nuclear electricity generation 160 bln kWh in 2007, Share of nuclear electricity in the overall electricity generation is 16%. Future of nuclear power: Nuclear power development program for the period from 2007 to 2020: Lifetime extension of existing units, Completion of construction of nuclear power units at existing sites (Rostov-2, Kalinin-4, Beloyarsk-4). Construction of new nuclear power plants near existing NPP (Novovoronezh NPP-2, Leningrad NPP-2, Kursk NPP-2,Kola NPP-2) and Construction of new nuclear power plants: (Nizhny Novgorod NPP, Tver NPP, Central NPP, South Urals NPP, Seversk NPP, Primorskaya NPP, 2 floating nuclear power plants at Severodvinsk and Pevek). Radioactive waste management: The Law on radioactive waste management will be introduced to State Duma in June 2008. The radioactive waste management strategy includes construction and reconstruction of: Storage facilities for some 120 thousand cubic meters, RW treatment complexes at nuclear fuel cycle enterprises, Storage facilities and RW treatment complexes at nuclear power plants, Storage facilities for RW coming from non-nuclear facilities for 140 thousand cubic meters, Decommissioning of 140 facilities, Decontamination of territories, buildings and constructions with the total area of 1658 thousand square meters. Development of competences: In 2006 about 313 thousand employees were working at nuclear industry (Top level managers - 0,6%, Intermediate level managers - 6,0%, Specialists - 31,6%, Workers - 62%). The demand of Rosatom State Corporation will be 7000 - 8000 persons annually of more then 140 professions, among them: 2800 persons with higher professional education, 2000

  17. Analysis of the technical potential for carbon capture and geological sequestration in the oil sector of Brazil; Analise do potencial tecnico do sequestro geologico de CO{sub 2} no setor petroleo no Brasil

    Energy Technology Data Exchange (ETDEWEB)

    Costa, Isabella Vaz Leal da

    2009-02-15

    This thesis focuses on the technologies related to CO{sub 2} capture and geological storage. The main objective of this study is to perform an analysis of the technical potential of geological sequestration of CO{sub 2} in the oil and gas sector in Brazil. Climate changes are directly related to emissions of greenhouse gases. Mainly, are related to increased carbon dioxide emissions due to the use of fossil fuels. To mitigate climate changes there are technologies that have the purpose of promoting the reduction of emissions of greenhouse gases such as the Geological Sequestration of CO{sub 2}. Thus, the study presents a description of the stages of the geological sequestration of CO{sub 2} and the state of the art of the technology in Brazil and worldwide. In addition, is presented the capacity for storage of the Brazilian sedimentary basins. Finally, this thesis analyzes the application of the described technologies in two stationary sources of great importance: refineries and oil and gas production fields. (author)

  18. Language categories in Russian morphology

    OpenAIRE

    زهرایی زهرایی

    2009-01-01

    When studying Russian morphology, one can distinguish two categories. These categories are “grammatical” and “lexico-grammatical”. Grammatical categories can be specified through a series of grammatical features of words. Considering different criteria, Russian grammarians and linguists divide grammatical categories of their language into different types. In determining lexico-grammatical types, in addition to a series of grammatical features, they also consider a series of lexico-semantic fe...

  19. Russian Revolution: triumph or tragedy?

    Directory of Open Access Journals (Sweden)

    Drozdov Sergey Valentinovich

    2017-04-01

    Full Text Available The present paper focuses on the most important events that happened in Petrograd from February to October 1917 and radically changed the whole character of the country. The paper also deals with their participants’ actions which turned out to be critical for Russian history. The research is based on credible sources and literature. The author tries to understand how the mighty Russian Empire collapsed within several days and why the left extremists took over as a result.

  20. Soviet/Russian-American space cooperation

    Science.gov (United States)

    Karash, Yuri Y.

    This dissertation seeks to answer two questions: (1) what are the necessary conditions for the emergence of meaningful space cooperation between Russia and the United States, and (2) might this cooperation continue developing on its own merit, contributing to the further rapprochement between the two countries, even if the conditions that originated the cooperation were to change? The study examines the entire space era up to this point, 1957 to 1997, from the first satellite launch through the joint U.S.-Russian work on the ISS project. It focuses on the analysis of three distinct periods of possible and real cooperation between the United States and the Soviet Union/Russia. The first possibility for a limited Soviet-American cooperation in space emerged in the late 1950s, together with the space age, and continued until the mid-1960s. The major potential joint project of this period was a human expedition to the Moon. The global competition/confrontation between the two countries prevented actual cooperation. The second period was from the late 1960s until 1985 with consideration of experimental docking missions, including the docking of a reusable U.S. shuttle to a Soviet Salyut-type station. The global U.S.-Soviet competition still continued, but the confrontation was replaced by detente for a brief period of time lasting from the end of 1960s until mid-1970s. Detente gave the first example of U.S.-Soviet cooperation in space---the Apollo-Soyuz joint space flight (ASTP) which took place in 1975. However, the lack of interest of political leaderships in continuation of broad-scale cooperation between the two countries, and the end of detente, removed ASTP-like projects out of question at least until 1985. The third period started together with Mikhail Gorbachev's Perestroika in 1985 and continues until now. It involves almost a hundred of joint space projects both at the governmental and at the private sectors levels. The mainstream of the joint activities

  1. Impact analysis of leading sub sector on basic sector to regional income in Siak Regency, Riau Province

    Science.gov (United States)

    Astuti, P.; Nugraha, I.; Abdillah, F.

    2018-02-01

    During this time Siak regency only known as oil producing regency in Riau province, but based on the vision of spatial planning Siak’s regency in 2031 there was a shift from petroleum towards to other sectors such as agribusiness, agroindustry and tourism. The purpose of this study was to identify the sector base, the leading subsectors and shift with their characteristics and to identify the leading subsectors development priority. The method used in this research consisted of the method of Location Quotient (LQ, Shift Share, and Overlay method). The research results were used Location Quotient (LQ) to identify sector’s base in Siak regency based on the document of PDRB. The sector’s refers to the constant prices year of 2000 were mining and quarrying sector (2.25). The sector’s base using document of PDRB at constant prices 2000 without oil and gas sector was the agricultural sector with a value of LQ was 2,45. The leading sub sector in the Siak regency with mining and quarrying sector was oil and gas (1.02) and leading sub sector without oil and gas sector was the plantation sector (1.48) and forestry sector (1.73). Overlay analysis results shown that agriculture sector as a sector base and plantation and forestry as a leading sub sector has positive value and categorize as progressive and competitiveness. Because of that, this leading sub sector gets high priority to developing.

  2. Prospects and opportunities the implementation of effective management models at the enterprises of the Russian industry

    Directory of Open Access Journals (Sweden)

    E. S. Balashova

    2016-01-01

    Full Text Available In 2015 the recession of the Russian economy continues. Economic forecasts of 2016 made by influential rating agencies and the International Monetary Fund are analyzed. It is emphasized that the course of structural economic changes, selected by the Russian government actualizes the issue of increasing the competitiveness of Russian industry on a global level that, in turn, contributes to the implementation of effective management models at the enterprises and organization of internal processes. Positively recommended concept of lean production abroad became popular in Russia in early 2000’s. First successful example of its implementation – CJSC “Ford Motor Company” is considered. A large number of enterprises which represent state corporations “Rosteh” and “Rosatom”, industrial group “Basic element”, OJSC “Russian Railways” and which are individual major representatives of the Russian industrial sector are investigated. Different ways of development of lean production by Russian enterprises are analyzed and the most common way – independent interpretation and implementation is identified. Review of the tools of this management model used at the Russian enterprises is paid great attention. The prevalence of such tool as 5S (approximately 87,5%, because of its visible simplicity of understanding and ease of implementation is noted. The most important indicator – the economic effect of the introduction of the lean production concept at the enterprises of Russian industry in 2014 is analyzed. It is concluded that the economic result of the use of management model at Russian industrial enterprises is extremely low and varies at most about 1% of revenue. The obtained results demonstrate the prospects of further development of lean production and prove the possibility of achieving a high competitiveness of the domestic industrial sector of economy.

  3. Features of the marketing strategy of oil and gas companies in exploration drilling

    International Nuclear Information System (INIS)

    Sharf, I; Kamynina, L; Malanina, V

    2014-01-01

    The implementation of national and regional programs for the development of new oil and gas provinces of Eastern Siberia poses the challenge of increasing geological exploration. The current drilling service companies' market structure, as well as the strategic task of search and exploration effectiveness requires qualitatively new approaches for choosing a contractor. The proposed strategy to select a contractor based on comprehensive analysis of certain groups of industrial, financial, infrastructural criteria allows not only to optimize the costs of exploration activities, but also to minimize preventively the risks of a poor geological exploration. The authors' SWOT- analysis of the marketing strategy of ''Gazprom neft'' for choosing a contractor outlined the problem of imperfection of the Russian legislation in the sphere of activities of service companies in the oil and gas sector

  4. Features of the marketing strategy of oil and gas companies in exploration drilling

    Science.gov (United States)

    Sharf, I.; Malanina, V.; Kamynina, L.

    2014-08-01

    The implementation of national and regional programs for the development of new oil and gas provinces of Eastern Siberia poses the challenge of increasing geological exploration. The current drilling service companies' market structure, as well as the strategic task of search and exploration effectiveness requires qualitatively new approaches for choosing a contractor. The proposed strategy to select a contractor based on comprehensive analysis of certain groups of industrial, financial, infrastructural criteria allows not only to optimize the costs of exploration activities, but also to minimize preventively the risks of a poor geological exploration. The authors' SWOT- analysis of the marketing strategy of "Gazprom neft" for choosing a contractor outlined the problem of imperfection of the Russian legislation in the sphere of activities of service companies in the oil and gas sector.

  5. The state tax regulation in the oil and gas industry

    Directory of Open Access Journals (Sweden)

    E. I. Cherkasova

    2018-01-01

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

  6. Russian Science and Russian State: Image of a Scientist in Modern Russian Cinema

    Directory of Open Access Journals (Sweden)

    Svetlana M. Medvedeva

    2014-01-01

    Full Text Available The article analyses the image of a scientist represented in recent Russian movies. The article discusses two groups of questions: (1 nature and role of popular science in the life of society; (2 national features of scientific cultures. The article agues that popular science should not be conceived as a week copy of the real science. On the contrary, modern models of science communication assume that popular science have its own value and is able to influence scientific practices. Simultaneously we assume, that since popular science is less integrated with international scientific norms, it can easer reveal national traditions of scientific life. As a result, the analyze of recent Russian movies shows that the tradition established in Peter I times for Russian scientists to work out their self-identity in concern with Russian state still exists (scientist- state supporter/scientist- oppositionist. Actually the modern interpretation of dilemma between state patriotism and liberalism given by modern movies shows that Russian scientist don't have real choice, because they loose anyway whereas the state always wins. So owing to recent movies this representation of hopeless destiny of a scientist is becoming widespread in Russian public culture.

  7. New round for oil

    International Nuclear Information System (INIS)

    Delamarche, Myrtille

    2018-01-01

    After three years of crisis, oil companies are now strongly reinvesting, while oil prices are stabilizing at a reasonable long-term level, notably due to a rising demand from developing countries. Examples of new investments made by majors such as Total, Shell or Exxon but also by national companies and junior companies, are given. Oil price evolution as well as cost reductions (thanks notably to the digitalisation of the sector, leading to a decrease in exploration costs) are analyzed. The importance of the US oil production, and particularly shale oil production, is pinpointed

  8. Industrial sector

    International Nuclear Information System (INIS)

    Ainul Hayati Daud; Hazmimi Kasim

    2010-01-01

    The industrial sector is categorized as related to among others, the provision of technical and engineering services, supply of products, testing and troubleshooting of parts, systems and industrial plants, quality control and assurance as well as manufacturing and processing. A total of 161 entities comprising 47 public agencies and 114 private companies were selected for the study in this sector. The majority of the public agencies, 87 %, operate in Peninsular Malaysia. The remainders were located in Sabah and Sarawak. The findings of the study on both public agencies and private companies are presented in subsequent sections of this chapter. (author)

  9. Agricultural sector

    International Nuclear Information System (INIS)

    Ainul Hayati Daud; Hazmimi Kasim

    2010-01-01

    The applications of nuclear technology in agriculture sector cover the use of the technology at every aspects of agricultural activity, starting from the seed to harvesting as well as the management of plantations itself. In this sector, a total of 55 entities comprising 17 public agencies and 38 private companies were selected for the study. Almost all, 91 % of them are located in Peninsular Malaysia; the rest operates in Sabah and Sarawak. The findings of the study in the public agencies and private companies are presented in the next sections. (author)

  10. Gazprom: the European idealism to the test of Russian realism

    International Nuclear Information System (INIS)

    Dasseleer, P.H.

    2009-01-01

    This geopolitical book analyses a major element of the future Russian-European relations. Gazprom is not only a giant gas company but a real 'centre of power' complementary to the Russian government. Gazprom is responsible for 86% of the Russian national production of gas and owns 70% of the reserves. It is involved in oil, power generation, and nuclear energy too and employs more than 300.000 people. It contributes to 25% of Russia's budget. This study tries to decipher the temporal and geographical approach of Gazprom with respect to its field of action which is the European continent. This analysis puts forward Gazprom's energy policy, with its logical and rational organization in front of an hesitating and idealistic Western Europe. It offers some paths of reflexion about the future intra-continental negotiations aiming at ensuring the security of gas supplies in Europe. The Russian exports, often considered as a threat, would easily become an opportunity for the geo-political consolidation of the Old Continent. (J.S.)

  11. Russian joint ventures, upstream deals hit fast clip

    International Nuclear Information System (INIS)

    Anon.

    1992-01-01

    This paper reports that Russia is stepping up the pace of joint ventures and imports of petroleum technology and hardware. Among the latest action: Polar Lights, a 50-50 venture of Conoco Timan-Pechora Ltd. and Arkhangelskgeologia (AAG), started drilling in the first new-field oil-development project in Russia to include a US partner; The governments of Oman and the Kazakhstan republic signed an agreement covering oil and gas exploration, field development, and production in Kazakhstan; Phibro Energy Inc., Greenwich, Conn., last week reported the sale and delivery of the first full cargo of Russian crude oil produced and exported by a Russian-American joint venture; Era Aviation Inc., Anchorage, Alas., is sending two helicopters with crewmen to Russia to help assess the feasibility of oil and gas development off Sakhalin Island; In deals involving Canadian companies, SNC-Lavalin Inc., Montreal, received a contract for initial work on a $350 million (US) modernization of the Volvograd refinery in southern Russia

  12. Determination of Russian innovative activity tendencies

    Directory of Open Access Journals (Sweden)

    Marina A. Motova

    2016-01-01

    Full Text Available There is an attempt to group main types of economic activity depending on intensity and efficiency of innovative activities on the basis of the available statistical information on dynamics of innovative activities in various industries of economy and with the use of the mathematic and statistical tool, in particular, cluster analysis tool. For this purpose, on the basis of the data, contained in the statistical report, characterizing the level of innovative activity (number of the innovation-active organizations, costs for technological innovations, amount of the shipped innovative products, etc. the indicators, characterizing intensity and efficiency of innovative activities were calculated. They have acted as the initial information for implementation of the cluster analysis.Further analysis results of the data, characterizing profitability of investments in various industries of economy are presented. Obviously, the activity of implementation of financial investments in various sectors of industrial production and service sector are directly connected with the profit on financial investments. On the basis of the dynamics analysis of investments’ profitability in various industries of economy for the period of 2005-2014 leaders and outsiders in this indicator are revealed. The following conclusion is made: the need to develop the forecast estimations on the indicators, characterizing profitability of financial investments on main types of economic activity.The analysis of innovative activities in the Russian Federation (results are given in the article, is based on the official statistics data. The main source of statistical information is the report «Information about innovative activity of organization «. The data, obtained as a result of the observation, are published in the editions «Indicators of Innovative Activity» (The Ministry of Education and Science of the Russian Federation, Federal State Statistics Service (Rosstat and

  13. Russia's projects and investments in Central Asia: the oil and gas industry

    OpenAIRE

    Paramonov, Vladimir; Strokov, Aleksei

    2008-01-01

    In the 1990s, Russia's projects and investments in the Central Asian oil and gas industry were mainly concentrated in Kazakhstan, while its interest in other states of the region were minimal. When Vladimir Putin became Russian president in 2000 and the price of hydrocarbons steadily rose, Central Asia's importance abruptly increased. This caused the Russian Federation and Russian oil and gas companies to drastically step up their activity not only in Kazakhstan, but also in Turkmenistan and ...

  14. A statistical approach to the analysis of merger and acquisition efficiency in the Russian industry

    Directory of Open Access Journals (Sweden)

    Karelina M.

    2017-01-01

    Full Text Available At present, the success of economic institution transformations, as well as creating an efficient economic system with a fundamental new nature of corporate relationships are impossible without the statistical recording of factors contributing to the efficiency of merger and acquisition transactions in the Russian industry. The paper proposes a method for analyzing the efficiency of merger and acquisition transactions of enterprises in the industrial sector of the Russian economy, based on simulation methods. The methodical approach developed to analyze the efficiency of the integration transactions of Russian industrial companies allows one to consider individual preferences of investors, as well as to give a complex statistical evaluation of the strategic economic benefits from M&A transactions. This method enables to evaluate the probability and stability of the synergistic effect values within the increase of competitiveness of Russian industrial enterprises on the domestic and foreign markets.

  15. Russian Contract Law for Foreigners

    Directory of Open Access Journals (Sweden)

    Andrey Shirvindt

    2015-01-01

    Full Text Available The book by Maria Efremova, Svetlana Yakovleva and Jane Henderson aims to serve as a short introduction to Russian contract law for a foreign lawyer. Assuming that the target readership are mainly English lawyers the book’s second aim, expressly stated by the authors (pp. i, 1, is to make lawyers from common law countries familiar with codified law, with Russian law being just an example. The book covers most of the general law of obligations as well as some questions of formation and invalidity of contracts that belong to the general part of the Civil Сode, with this preceded by a brief introduction into the Russian law dealing with its history, federal structure and state agencies of Russia, its court system, sources of law and legal profession.

  16. Bell Discourse in Russian Culture

    Directory of Open Access Journals (Sweden)

    Элеонора Р Лассан

    2014-12-01

    Full Text Available The article focuses on the symbolic meaning of Russian ringing of bell in the Russian discourse. According to Lotman’s definition of symbol, it has dual nature: an invariant essence and its modification in relation to the cultural context. The article introduces informative and linguistic modifications of the bell topic in the Russian poetic discourse of the 19th, the 20th and the beginning of the 21st century. The author of the article provides the detailed analysis of such discursive descriptions of bell ringing as the ringing of church bells and alarm . The author arrives at the conlusion that the alarm topic prevails in contemporary poetry and this indicates the state of public dissatisfaction. In the 19th and the 20th centuries lexemes the ringing of church bells and alarm were used literally, but in the 21st century lexeme alarm acquires metaphorical meaning of call for blood.

  17. Asian oil demand

    International Nuclear Information System (INIS)

    Fesharaki, F.

    2005-01-01

    This conference presentation examined global oil market development and the role of Asian demand. It discussed plateau change versus cyclical movement in the global oil market; supply and demand issues of OPEC and non-OPEC oil; if high oil prices reduce demand; and the Asian oil picture in the global context. Asian oil demand has accounted for about 50 per cent of the global incremental oil market growth. The presentation provided data charts in graphical format on global and Asia-Pacific incremental oil demand from 1990-2005; Asia oil demand growth for selected nations; real GDP growth in selected Asian countries; and, Asia-Pacific oil production and net import requirements. It also included charts in petroleum product demand for Asia-Pacific, China, India, Japan, and South Korea. Other data charts included key indicators for China's petroleum sector; China crude production and net oil import requirements; China's imports and the share of the Middle East; China's oil exports and imports; China's crude imports by source for 2004; China's imports of main oil products for 2004; India's refining capacity; India's product balance for net-imports and net-exports; and India's trade pattern of oil products. tabs., figs

  18. Bids in Brazilian E and P oil and gas sector: evaluation, challenges and alternative models; Modelo de licitacoes de blocos: evolucao, desafios e alternativas

    Energy Technology Data Exchange (ETDEWEB)

    Araujo, Renato S.B. [Instituto Federal de Educacao, Ciencia e Tecnologia (CEFET-RN), Natal, RN (Brazil); Universidade Federal do Rio de Janeiro (UFRJ), Rio de Janeiro, RJ (Brazil). Coordenacao de Pos-graduacao e Pesquisa em Engenharia. Nucleo de Estudos de Tecnologia, Gestao e Logistica; Fernandes, Elton [Universidade Federal do Rio de Janeiro (TGL/UFRJ), Rio de Janeiro, RJ (Brazil). Coordenacao de Pos-graduacao e Pesquisa em Engenharia. Nucleo de Estudos de Tecnologia, Gestao e Logistica; Alonso, Paulo S.R. [PETROBRAS S.A., Rio de Janeiro, RJ (Brazil); SERMAT Montagens e Instalacoes Industriais Ltda, Itaquaquecetuba, SP (Brazil)

    2008-07-01

    This paper presents results of a survey, that among other subject matter approaches the model of farewell adopted by the National Agency of Oil Gas and Biofuels - ANP in Brazil. It is an analysis and discussion of evolution of the scenario of exploration and production of hydrocarbons in this country. In addition, it analyzes issues such as competition about farewell rounds and the reconfiguration of the upstream segment. The study is based on the methodology of the study-compared cases with focus in Brazilian and OCS-GOM-EUA auction models.The results of the study suggest that the model of granting the ANP produced: degree of concentration of business moderate to high, balancing of the reserves / production and strengthen the competitive capacity of PETROBRAS and considerable insertion of new entrants in the production chain, while political factors, Economic, social and technological developments have significantly affected the performance of rounds. Facing the new scenario of international prices, discoveries of large reserves and geopolitical issues the findings point to the need to consider possible exemptions to the model and suggests alternatives. (author)

  19. Incorporating the value of changes in price volatility into cost-benefit analysis-an application to oil prices in the transport sector

    Energy Technology Data Exchange (ETDEWEB)

    Jensen, Thomas C., E-mail: tcj@transport.dtu.d [Department of Transport, Danish Technical University, Bygningstorvet 116 Vest, 2800 Lyngby (Denmark); Moller, Flemming [National Environmental Research Institute, Box 358, Frederiksborgvej 399, 4000 Roskilde (Denmark)

    2010-01-15

    This paper contains a tentative suggestion of how to take into account the value of changes in price volatility in real world cost-benefit analyses. Price volatility is an important aspect of security of supply which first of all concerns physical availability, but assuming that consumers are risk averse, security of supply can also be viewed as a matter of avoiding oscillations in consumption originating from volatile prices of for instance oil. When the government makes transport-related choices on behalf of the consumers, the effect on oscillations in general consumption should be included in the policy assessment taking into account the most significant correlations between prices of alternative fuels and between fuel prices and consumption in general. In the present paper, a method of valuing changes in price volatility based on portfolio theory is applied to some very simple transport-related examples. They indicate that including the value of changes in price volatility often makes very little difference to the results of cost-benefit analyses, but more work has to be done on quantifying, among other things, consumers' risk aversion and the background standard deviation in total consumption before firm conclusions can be drawn.

  20. Incorporating the value of changes in price volatility into cost-benefit analysis. An application to oil prices in the transport sector

    Energy Technology Data Exchange (ETDEWEB)

    Jensen, Thomas C. [Department of Transport, Danish Technical University, Bygningstorvet 116 Vest, 2800 Lyngby (Denmark); Moeller, Flemming [National Environmental Research Institute, Box 358, Frederiksborgvej 399, 4000 Roskilde (Denmark)

    2010-01-15

    This paper contains a tentative suggestion of how to take into account the value of changes in price volatility in real world cost-benefit analyses. Price volatility is an important aspect of security of supply which first of all concerns physical availability, but assuming that consumers are risk averse, security of supply can also be viewed as a matter of avoiding oscillations in consumption originating from volatile prices of for instance oil. When the government makes transport-related choices on behalf of the consumers, the effect on oscillations in general consumption should be included in the policy assessment taking into account the most significant correlations between prices of alternative fuels and between fuel prices and consumption in general. In the present paper, a method of valuing changes in price volatility based on portfolio theory is applied to some very simple transport-related examples. They indicate that including the value of changes in price volatility often makes very little difference to the results of cost-benefit analyses, but more work has to be done on quantifying, among other things, consumers' risk aversion and the background standard deviation in total consumption before firm conclusions can be drawn. (author)

  1. Incorporating the value of changes in price volatility into cost-benefit analysis. An application to oil prices in the transport sector

    International Nuclear Information System (INIS)

    Jensen, Thomas C.; Moeller, Flemming

    2010-01-01

    This paper contains a tentative suggestion of how to take into account the value of changes in price volatility in real world cost-benefit analyses. Price volatility is an important aspect of security of supply which first of all concerns physical availability, but assuming that consumers are risk averse, security of supply can also be viewed as a matter of avoiding oscillations in consumption originating from volatile prices of for instance oil. When the government makes transport-related choices on behalf of the consumers, the effect on oscillations in general consumption should be included in the policy assessment taking into account the most significant correlations between prices of alternative fuels and between fuel prices and consumption in general. In the present paper, a method of valuing changes in price volatility based on portfolio theory is applied to some very simple transport-related examples. They indicate that including the value of changes in price volatility often makes very little difference to the results of cost-benefit analyses, but more work has to be done on quantifying, among other things, consumers' risk aversion and the background standard deviation in total consumption before firm conclusions can be drawn. (author)

  2. OVERVIEW OF RUSSIAN CIVIL JUSTICE

    Directory of Open Access Journals (Sweden)

    D. Maleshin

    2016-01-01

    Full Text Available Contemporary Russian civil procedure is not a pure Continental model because it also has procedural features of the common law system, as well as some other original and exceptional features. This article examines the main aspects of Russian civil justice: its main principles; judicial organization, including the structure of the courts and the division between courts of general jurisdiction and arbitrazh (commercial courts, and the Intellectual Property Court; sources of procedural law; bar organization; the jurisdiction of the courts; actions and proceedings; legal costs; evidence; administrative procedure; class actions; enforcement proceedings; and arbitration and mediation.

  3. The Russian Federation Islamic Republic of Dagestan: Curricular Decentralization, Social Cohesion, and Stability

    Science.gov (United States)

    Eaton, Jana Sackman

    2005-01-01

    This article focuses on the curricular decentralization-sociopolitical stability nexus in the predominantly Muslim Russian Federation Republic of Dagestan, adjacent to war-torn Chechnya. Concomitant with the metamorphoses taking place in the economic and political sectors of society is the overhaul of institutionalized education. A major reform…

  4. The energy outlook for Russia and the dialogue between the European Union and Russian concerning energy

    International Nuclear Information System (INIS)

    Laponche, B.

    2003-01-01

    The discussions concerning energy taking place between the European Union and Russia are aimed at setting up a permanent partnership in the energy sector in order to ensure that the exploitation of Russian energy resources makes it possible to guarantee the economic development of Russia while at the same time supplying sufficient energy exports to the European Union. The outlook for Russia's energy strategy in the years up to 2020 are based on a rate of growth in GDP of 5 % per year, combined with structural changes in economic activities and a vigorous energy efficiency policy, leading to a significant reduction in energy intensity. The low level of growth in demand resulting from this, combined with an increase in production and a reduction in the percentage of natural gas in electricity production guarantees a high level of potential for oil and gas exports in 2020, Compatible with the energy importation requirements of the future European Union and security of supply. The energy outlook for Russia presented by the International Energy Agency (IEA) are based on much lower economic growth figures and on a limited reduction in energy intensity. The percentage accounted for by natural gas in the production of electricity remains high. The IEA assessment is also based on a major increase in the production capacities for hydrocarbons in Russia while at the same time stressing the importance of the financial effort required to achieve this. Like the Russian outlook, it also identifies a major potential for the exportation of oil and natural gas by 2020. The convergence of these two outlooks concerning the future energy exporting capacity of Russia are seriously overshadowed by the fact that they differ greatly concerning their hypotheses and results with regard to domestic consumption and the production of energy. A 'warning scenario' combining the most similar hypotheses from both outlooks demonstrates the uncertain accompanying them. This analysis highlights the

  5. Russian Airpower in the Second Chechen War

    National Research Council Canada - National Science Library

    Evans, Robert

    2001-01-01

    .... In the earlier conflict, Russian Air Force operations concentrated on achieving control of the air, directly supporting Russian ground forces, and attacking rebels in the foothills and mountains of southern Chechnya...

  6. Crude federalism: oil politics and the evolution of intergovernmental relations in post-Soviet Russia

    Energy Technology Data Exchange (ETDEWEB)

    Wilson, G.N.

    2000-07-01

    The interactions and relationships between the institutions of the Russian federal system, the policy making process and the dilemmas of legislative reform as it applies to the oil sector are examined in this document. A critical element in the reform agenda, the problematic evolution of the 1995 federal Law on Production Sharing Agreements is discussed in the first part of the document. The legislative responses to the production sharing issue and the larger questions of reform in the resource sector are presented in the second part, as it relates to two resource producing regions, Tatarstan and Khanty Mansiisk. A lot of problems and delays were encountered in the passage of production sharing legislation despite the obvious advantages and benefits to be derived from such an arrangement for post-Soviet Russia. The author brings forward the argument that the problems were caused by a number of institutionally-based cleavages and other dysfunctional components contained in the Russian federal system. The dispute resolution mechanism, plagued by jurisdictional overlap and the lack of a mutually acceptable and structured system, impeded the cooperation that existed in the resource sector between governments and regions. The disruption of the policy making process and the complications in the process of political and economic reform in some of the most important regions from a production perspective resulted from asymmetries between the constituent members of the federation, in combination with the absence of an institutional framework for the management of inter-regional relations. The third element consisted in the dominant position of the executive branch at the federal and regional levels hindered the legislative process through the aggravation of the long-standing interbranch conflict. The structures and processes that characterize the Russian federal model in the post-Soviet era were explained using the vast theoretical and empirical resources available to

  7. Economic effects of peak oil

    International Nuclear Information System (INIS)

    Lutz, Christian; Lehr, Ulrike; Wiebe, Kirsten S.

    2012-01-01

    Assuming that global oil production peaked, this paper uses scenario analysis to show the economic effects of a possible supply shortage and corresponding rise in oil prices in the next decade on different sectors in Germany and other major economies such as the US, Japan, China, the OPEC or Russia. Due to the price-inelasticity of oil demand the supply shortage leads to a sharp increase in oil prices in the second scenario, with high effects on GDP comparable to the magnitude of the global financial crises in 2008/09. Oil exporting countries benefit from high oil prices, whereas oil importing countries are negatively affected. Generally, the effects in the third scenario are significantly smaller than in the second, showing that energy efficiency measures and the switch to renewable energy sources decreases the countries' dependence on oil imports and hence reduces their vulnerability to oil price shocks on the world market. - Highlights: ► National and sectoral economic effects of peak oil until 2020 are modelled. ► The price elasticity of oil demand is low resulting in high price fluctuations. ► Oil shortage strongly affects transport and indirectly all other sectors. ► Global macroeconomic effects are comparable to the 2008/2009 crisis. ► Country effects depend on oil imports and productivity, and economic structures.

  8. Opportunities for business and partnership : services sector

    International Nuclear Information System (INIS)

    Mendoza Fernandez, J.

    1999-01-01

    Mexico is one of the countries with the highest industrial growth in Latin America. This is due to its geographical location, its vast oil and gas reserves, its membership in NAFTA (North American Free Trade Agreement), and mainly because of its modern economic policies. Mexico is a country in which many opportunities for private investment in the energy sector exist. This paper discussed Bufete Industrial Construcciones' involvement and experiences in the fields of petroleum, electricity and natural gas. The goals to be achieved in the various areas of the energy sector for the 2000-2006 period were summarized for the electric sector, the natural gas sector and the oil and gas extraction sector. The 4 mega projects currently underway include the Cantarell, the Burgos, the Ku-Maloob Zaap and the Delta del Grijalva projects

  9. A Bright Future for Russian Higher Education.

    Science.gov (United States)

    Kishkovsky, Sophia

    2000-01-01

    Russian higher education is reinventing itself, but in distinctly Russian ways. While universities embrace new technology, students are frustrated as new freedoms confront old educational methods (grueling entrance exams, rote learning, dictatorial professors, and minimal participation). Education is still basically Russian, though capitalism is…

  10. Characteristics of Russian Professionals’ Organizational Behavior

    Directory of Open Access Journals (Sweden)

    V V Khurtina

    2013-12-01

    Full Text Available The paper describes organizational behavior of Russian professionals at the individual and organizational levels. The characteristics of Russian professionals’ organizational behavior are examined on the basis of the Russian Longitudinal Monitoring Survey of HSE, depending on the qualification level and age.

  11. Russian Loanword Adaptation in Persian; Optimal Approach

    Science.gov (United States)

    Kambuziya, Aliye Kord Zafaranlu; Hashemi, Eftekhar Sadat

    2011-01-01

    In this paper we analyzed some of the phonological rules of Russian loanword adaptation in Persian, on the view of Optimal Theory (OT) (Prince & Smolensky, 1993/2004). It is the first study of phonological process on Russian loanwords adaptation in Persian. By gathering about 50 current Russian loanwords, we selected some of them to analyze. We…

  12. Engaging in Productive Sector Development

    DEFF Research Database (Denmark)

    Whitfield, Lindsay; Buur, Lars

    Through a comparison of sector cases in Mozambique and Ghana, the paper analyzes why and how African states engage in developing productive sectors and with what success. It argues that successful state interventions depend on four factors: (1) sustained political support by the government...... in the four factors and thus different economic outcomes. Specifically, cocoa, export is a case of sustained political support, palm oil is a case of poorly implemented industrial policy, and horticulture export is a case of political neglect of an industry. In concluding, the paper emphasizes the political...

  13. Engaging in productive sector development

    DEFF Research Database (Denmark)

    Buur, Lars; Whitfield, Lindsay

    Through a comparison of sector cases in Mozambique and Ghana, the paper analyzes why and how African states engage in developing productive sectors and with what success. It argues that successful state interventions depend on four factors: (1) sustained political support by the government...... in the four factors and thus different economic outcomes. Specifically, cocoa, export is a case of sustained political support, palm oil is a case of poorly implemented industrial policy, and horticulture export is a case of political neglect of an industry. In concluding, the paper emphasizes the political...

  14. Oil Politics and National Security in Nigeria

    Science.gov (United States)

    2010-12-01

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

  15. Reflection in Russian Educational Psychology.

    Science.gov (United States)

    Nelissen, Jo M. C.; Tomic, Welko

    This paper discusses the cultural-historical school founded by Vygotsky, Luria, and Leontiev as the theoretical background of Russian educational psychologists who have been studying how children learn to reflect. Two approaches to reflection are examined within the cultural-historical tradition: first, reflection--like other higher psychological…

  16. Economic Factors of Russian Inequality

    Science.gov (United States)

    Bobkov, Vyacheslav N.; Vakhtina, Margarita A.; Simonova, Marina V.

    2016-01-01

    The relevance of the researched problem is connected with the high level of economic inequality in Russia. The article goal is to show that the current Russian institutional system is not directed to decrease the economic inequality but on the contrary it continues to make and deepen it. The leading approach to study of this problem is the…

  17. Gazprom the new russian empire

    International Nuclear Information System (INIS)

    Cosnard, D.

    2004-01-01

    The author analyzes the economical and political impacts of the great Gazprom group, leader in the russian energy domain, in Russia. Already number one of the world gas industry, this Group is becoming the right-hand of the Kremlin. Thus the author wonders on this empire transparency and limits. (A.L.B.)

  18. Russian nominal semantics and morphology

    DEFF Research Database (Denmark)

    Nørgård-Sørensen, Jens

    The principal idea behind this book is that lexis and grammar make up a single coherent structure. It is shown that the grammatical patterns of the different classes of Russian nominals are closely interconnected. They can be described as reflecting a limited set of semantic distinctions which ar...... or weaker, of Russian. Students will see a pattern in what is traditionally described as disparate subsystems, and linguists may be inspired to consider the theoretical points concerning language as a coherent system, determining usage.......The principal idea behind this book is that lexis and grammar make up a single coherent structure. It is shown that the grammatical patterns of the different classes of Russian nominals are closely interconnected. They can be described as reflecting a limited set of semantic distinctions which...... are also rooted in the lexical-semantic classification of Russian nouns. The presentation focuses on semantics, both lexical and grammatical, and not least the connection between these two levels of content. The principal theoretical impact is the insight that grammar and lexis should not be seen...

  19. Roots of Russian Irregular Warfare

    Science.gov (United States)

    2016-12-01

    PAGE INTENTIONALLY LEFT BLANK xiii ACKNOWLEDGMENTS Crissy, your encouragement throughout my career and especially during this project has been...all of the Russian disinformation techniques in Ukraine came directly “from Soviet toolkits .” Maria Snegovaya, “Putin’s Information Warfare In

  20. Management of Russian military plutonium

    International Nuclear Information System (INIS)

    Zaleski, C.P.

    1996-01-01

    The objective of this paper is to propose and discuss a solution which enables storing as quickly as possible all weapons-grade plutonium from Russian military program in a way which would prevent diversion. Two main conditions apply to this solution. First, it should be achieved in a manner acceptable to Russian government, notably by preserving plutonium for possible future energy production, and second, the economics of the total system should be good enough to ensure no charge or limited charge for the storage of plutonium. A proposal is made to store plutonium in a specially designed fast reactor or specially designed reactor core. This solution could be favorable in comparison to other solutions applying the above mentioned goal and conditions. Additionally the proposed solution would have the following side advantages: utilizing available personnel and installations of the Russian nuclear complex; providing possible basis for decommissioning of older and less safe Russian reactors; giving experience of construction and operation of a series of sodium-cooled fast reactors. The major problem however is the need for large capital investment with the risk of getting no adequate return on investment due to difficult political and economic situation in Russia

  1. REFLECTION IN RUSSIAN EDUCATIONAL PSYCHOLOGY

    NARCIS (Netherlands)

    Nelissen, J.M.C.; Tomic, W.

    2008-01-01

    The present article explores the theoretical underpinnings upon which Russian psychologists base their analysis of reflection. The intention is to arrive at a clearer understanding of their research aims and research methods, and to explore the relevance of their research to educational practice.

  2. Oil: Economics and politics

    International Nuclear Information System (INIS)

    Ayoub, A.

    1994-01-01

    A review is presented of the evolution of the international petroleum sector since 1973 with a special emphasis on the interdependence between the economic and political factors that influence it. Two issues are focused on: the effects of the nationalization of oil companies on the sharing of oil rents and on changes in the structure of the oil market; and the determination of oil prices. Definitions are presented of oil rents, and the reasons for OPEC nationalization of oil companies are explored. The effects of nationalization on market structures, expansion of free markets, and vertical integration are discussed. The existence of an oil price floor and the reasons for such a floor are examined. It is shown that nationalization induced an internalization of rents by the producing countries, leading to the emergence of a differential rent supported by the politics of the industrialized countries. Nationalization led to the breakup of systems of vertical and horizontal integration, with replacement by a new dual structure with OPEC controlling the upstream activities of the oil sector and oil companies controlling the downstream ones. Prices move between a floor price set by the costs of substitute deposits in the U.S., while the determination of ceiling levels by OPEC rests on successive fragile compromises. Overall oil is still a strategic product, despite the existence of spot markets, forward trading options, etc. 29 refs

  3. EDWARD SUESS AND RUSSIAN GEOLOGISTS

    Directory of Open Access Journals (Sweden)

    Boris A. Natal’in

    2011-01-01

    Full Text Available The publication is devoted to the history of one of the greatest concepts of tectonics of Asia, that has been widely accepted and yet obliterated with time, while the splendors of this concept are doubtful. Numerous citations in the Russian papers to «The Face of the Earth» by Edward Suess and the fact that he was elected a Corresponding Member of the Imperial Saint Petersburg Academy of Sciences clearly demonstrate how highly Suess’s contribution to studies of the structure and geological evolution of Asia was valued by the Russian geological community. Suess’s letters to Vladimir A. Obruchev give evidence how close and productive the relationship between Edward Suess and the Russian researchers was in the late 19th and the early 20th centuries and also illustrate how the great tectonic concept of Asia [Suess, 1908] was born and developed. The idea of centrifugal propagation of tectonic waves of the Altaids from a continental node located somewhere in Siberia was mainly inspired by Suess’s profound scientific intuition. The idea matured after Edward Suess got acquainted with Ivan D. Chersky’s paper [Черский, 1886] that greatly facilitated in shaping and improving this idea. It was mailed to Suess by Vladimir A. Obruchev who translated the paper, attached his own map and provided explanations to Chersky’s ideas. The available historical documents suggest that Vladimir A. Obruchev facilitated communication between the Russian geologists, on the one side, and Edward Suess and other Austrian geologists who conducted geological studies in Asia, on the other side. Being actively involved in exchange of publications and cooperation in field data processing, Edward Suess was aware of all the details of the Russian geological studies.In addition to the concept of tectonic arcs of the Altaids and descriptions of main geological structures located in Northern Asia and China, Edward Suess adopted a concept of disjunctive dislocations

  4. Russian perspectives: The past shapes the present

    Energy Technology Data Exchange (ETDEWEB)

    Houck, R.P.

    1994-11-01

    This document contains an outline of a speech given to a group of professionals at Pacific Northwest Laboratory which was intended to give an unbiased view of Soviet perceptions. Topics discussed include: The new mission of US and Soviet labs and institutions to develop products and dedicate research to post cold war threat, historical prospectives of Russia, Russian military roles and missions, ideology of Russian politics, evils of capitalism, Russian civil war, communism, world war II, Russian losses during the war, the cold war, reasons why America should care what happens in Russia, the internal threat against a market-based economy, the US should help, and the Russian people and their attitudes.

  5. ASPECTS OF COMMODIFICATION OF RUSSIAN IN FINLAND

    Directory of Open Access Journals (Sweden)

    Ханнес Виимаранта

    2017-12-01

    Full Text Available This article examines the commodification of Russian in Finland, where recent decades have seen a sharp rise in the size of the Russian-speaking population and the number of tourists from Russia. We particularly consider the use of Russian in the fields of traditional and medical tourism, education, and culture - all of them areas where Russian tourists show a strong preference for services in their native language. The need to provide a variety of services in Russian means that proficiency in Russian is a sig-nificant asset on the job market, both for immigrants and for the relatively small number of Finns who can speak the language. We also note that there is considerable demand among Russian-speaking parents in Fin-land for educational services to supplement their children’s school education.

  6. Polish-Bulgarian-Russian, Bulgarian-Polish-Russian or Russian-Bulgarian-Polish dictionary?

    Directory of Open Access Journals (Sweden)

    Violetta Koseska-Toszewa

    2015-11-01

    Full Text Available Polish-Bulgarian-Russian, Bulgarian-Polish-Russian or Russian-Bulgarian-Polish dictionary? The trilingual dictionary (M. Duszkin, V. Koseska, J. Satoła and A. Tzoneva is being elaborated based on a working Polish-Bulgarian-Russian electronic parallel corpus authored by Maksim Duszkin, Violetta Koseska-Toszewa and Joanna Satoła-Staśkowiak, and works by A. Tzoneva. It is the first corpus comparing languages belonging to three different Slavic language groups: western, southern and eastern. Works on the dictionary are based on Gramatyka konfrontatywna bułgarsko-polska (Bulgarian-Polish confrontative grammar and the proposed there semantic-oriented interlanguage. Two types of classifiers have been introduced into the dictionary: classic and semantic. The trilingual dictionary will present a consistent and homogeneous set of facts of grammar and semantics. The Authors point out that in a traditional dictionary it is not clear for example whether aspect should be understood as imperfective / perfective form of a verb or as its meaning. Therefore in the dictionary forms and meaning are separated in a regular way. Imperfective verb form has two meanings: state and configuration of states and events culminating in state. Also perfective verb form has two meanings: event and configuration of states and events culminating in event. These meanings are described by the semantic classifiers, respectively, state and event, state1 and event1. The way of describing language units, mentioned in the article, gives a possibility to present language material (Polish, Bulgarian, Russian in any required order, hence the article’s title.

  7. Regional Banks in the Russian Banking System

    Directory of Open Access Journals (Sweden)

    Mikhail Vitalyevich Leonov

    2015-06-01

    Full Text Available Despite the lack of a uniform definition of «a regional bank», problems of their activities are widely discussed in the context of increasing regulation of the banking sector and creation of conditions for accelerated development of certain regions. The author analyses the Russian-language scientific literature in order to define «a regional bank» and systematize its key differences from other commercial banks. The researcher shows that the allocation of regional banks in a separate group should be related to specific features of the environment and not by endogenous factors associated with the selection of activities and balance sheet structure. The low level of financial market development and concentration of specific undiversified risks are the principal qualifiers differentiating between regional banks and other credit institutions in Russia. As classification criteria the author uses following: spatial representation (the bank does not have structural subdivisions in Moscow and the ownership structure (among the bank’s owners there are no national and international financial groups that have a direct impact on the operations of the bank

  8. Sectoral assessments

    Energy Technology Data Exchange (ETDEWEB)

    Callaway, J M; Fenhann, J; Gorham, R; Makundi, W; Sathaye, J

    1999-09-01

    This publication contains five papers that were written as a part of the GEF project, The Economics of Greenhouse Gas Limitations. The main goal of the project was to assess the greenhouse gas reductions and incremental costs of mitigation option sin Ecuador, Argentina, Senegal, Mauritius, Vietnam, Indonesia, Estonia and Hungary. In addition, regional studies were conducted for the Andean Pact nations and Southern Africa to assess various aspects of regional co-operation in reducing greenhouse gas emissions. The GEF study also involved the development of a methodological framework for climate change assessment, with a special emphasis on developing countries. These guidelines have been published in a separate document, Economics of Greenhouse Gas Limitations: Methodological Guidelines. The papers in this publication focus on various methodological and policy aspects of greenhouse gas mitigation at the sectoral level, and are outgrowth of work performed on other parts of the GEF project. (au)

  9. Nuclear knowledge management: Russian lessons

    International Nuclear Information System (INIS)

    Gagarinski, A.; Yakovlev, N.

    2004-01-01

    The paper describes the Soviet experience preserved in Russia and related to the strategy of nuclear knowledge preservation in period of fast nuclear energy deployment. It's also discusses the problems of 80-90ies: 'gap' between generations, loss of the experimental base, ageing of scientific teams, weakened governmental support, etc. Obviously resumed positive development of the Russian nuclear energy in the last years, as well as expectation of the 'Second Nuclear Era' of large-scale nuclear energy use in the country, has made the elimination of NKM defects and the development of human resources one of the most important and vital prerequisites of the further nuclear development. The paper considers the measures taken in this regard by the Russian nuclear industry, including international cooperation

  10. The Kyoto Mechanisms and Russian Gas: A Powerful Combination?

    Energy Technology Data Exchange (ETDEWEB)

    Moe, Arild; Tangen, Kristian

    1999-07-01

    The report analyses the development of a Russian climate policy and investigates possible links to the country's position and interests as a large energy producer and exporter. Whereas all hydrocarbon energy carriers and their non-carbon substitutes will be affected by a comprehensive climate regime, natural gas stands in a special position among hydrocarbon fuels, since it is more ''greenhouse-friendly'' per unit of consumed energy than oil and coal. There also happens to be an abundance of natural gas in Russia, an abundance which hitherto has given natural gas a dominant position in domestic supplies, making up for more than fifty per cent of primary energy consumption, which is unique. It has also placed Russia as the main external supplier to the European gas market and given it a crucial role in the further development of European energy supplies. This report discusses how these perspectives relate to the climate regime. Will climate politics hamper Russian gas exports, or on the contrary, will they offer new opportunities for Russian gas in the market? (author)

  11. Sulfur compounds and species in Russian residues by XPS and PY-GC-PFPO

    Energy Technology Data Exchange (ETDEWEB)

    Quan, S.; Suoqi, Z.; Chunming, X. [University of Petroleum, State Key Laboraory of Heavy Oil Processing, Beijing (China); Kotlyar, L.; Kung, J. [National Research Council of Canada, Institute for Chemical processand Environmental Technology, Ottawa, ON (Canada); Chung, K. H. [Syncrude Canada Limited, Edmonton, AB (Canada)

    2004-07-01

    Distribution and structure of sulfur components of Russian crude oil were investigated by separating vacuum residues from the oil into 17 narrow cuts and one end-cut using the supercritical fluid extraction and fractionation technique (SFEF). The cuts were analyzed by gas chromatography, with conditions optimized from 600 degrees C to 1,000 degrees C, and between two and twenty seconds. In general, the total amount of of the sulfur compounds in pyrolizates was found to be proportional to the sulfur content in the vacuum residues. Thiophenes, benzothiophenes and dibenzothiophene content varied from vacuum residue to vacuum residue. Benzothiophens were identified as the dominant sulfur compounds in the pyrolizate of Russian crude oil.

  12. BAYESIAN APPROACH TO THE ANALYSIS OF MONETARY POLICY IMPACT ON RUSSIAN MACROECONOMICS INDICATORS

    Directory of Open Access Journals (Sweden)

    Sheveleva O. A.

    2017-12-01

    Full Text Available In this paper the interaction between the production macroeconomic indicators of the Russian economy and MIBOR (the main operational benchmark of the Bank of Russia, as well as the relationship between the inflation indicators and money supply were investigated with Bayesian approach. Conjugate Normal Inverse Wishart Prior was used. According to the study, tough monetary policy has a deterrent effect on the Russian economy. The growth of the money market rate causes a reduction in investments and output in the main sectors of the economy, as well as a drop in the income of the population with an increase in the unemployment rate.

  13. Heat transfer bibliography: russian works

    Energy Technology Data Exchange (ETDEWEB)

    Luikov, A V

    1965-02-01

    This bibliography of recent Russian publications in heat transfer is divided into the following categories: (1) books; (2) general; (3) experimental methods; (4) analytical calculation methods; (5) thermodynamics; (6) transfer processes involving phase conversions; ((7) transfer processes involving chemical conversions; (8) transfer processes involving very high velocities; (9) drying processes; (10) thermal properties of various materials, heat transfer agents and their determination methods; (11) high temperature physics and magneto- hydrodynamics; and (12) transfer processes in technological apparatuses. (357 refs.)

  14. Corporate Corruption in Russian Regions

    OpenAIRE

    Ledeneva, A. V.

    2011-01-01

    To understand corporate corruption in Russia and to develop both effective anti-corruption policies at the macro level and anti-corruption strategies at the firm level one has to move beyond the predominant paradigm and to disaggregate its measurement. This article outlines the results of a pilot survey of CEOs of leading companies operating in the Russian regions with regard to their use of informal practices.

  15. On attracting investment to Russian economy

    Directory of Open Access Journals (Sweden)

    Oleinik Elena

    2017-01-01

    Full Text Available Modern conditions of economic systems development have necessitated more precise directions of investment process for the economic growth to accelerate. The precipitous fall of oil prices that occurred in the second half of 2014 weighed heavily on foreign direct investment flows to oilexporting countries. The problem of attracting investment is one of the key problems of economic development. The aim of this study is to analyze and evaluate the shifts in the structure of investments, the study of the structure of investments to the Russian economy. Structural changes result from differences in the growth rate of the elements forming an economic system. An integral coefficient has been used for evaluation of structural changes. Multiple regression was used to analyze the impact of various factors on the change in structure of investment. The regression coefficients in the model give quantitative assessment of the pace of change in the structure as it depends on a specific factor. The model estimation shows that the variables “share of investments in manufacturing” (positive influence and “share of investments in the health, physical culture, education” (negative influence have the largest t-values. Hence, these two factors influence the structural changes in investments most strongly The evaluation and analysis of the structural shifts may lead to conclusions regarding the efficiency of the structure investment and adjustment of the economic policy.

  16. Russian RBMK reactor design information

    International Nuclear Information System (INIS)

    1993-11-01

    This document concerns the systems, design, and operations of the graphite-moderated, boiling, water-cooled, channel-type (RBMK) reactors located in the former Soviet Union (FSU). The Russian Academy of Sciences Nuclear Safety Institute (NSI) in Moscow, Russia, researched specific technical questions that were formulated by the Pacific Northwest Laboratory (PNL) and provided detailed technical answers to those questions. The Russian response was prepared in English by NSI in a question-and-answer format. This report presents the results of that technical exchange in the context they were received from the NSI organization. Pacific Northwest Laboratory is generating this document to support the US Department of Energy (DOE) community in responding to requests from FSU states, which are seeking Western technological and financial assistance to improve the safety systems of the Russian-designed reactors. This report expands upon information that was previously available to the United States through bilateral information exchanges, international nuclear society meetings, International Atomic Energy Agency (IAEA) reactor safety programs, and Research and Development Institute of Power Engineering (RDIPE) reports. The response to the PNL questions have not been edited or reviewed for technical consistency or accuracy by PNL staff or other US organizations, but are provided for use by the DOE community in the form they were received

  17. Croatian Energy Sector Reform - Results Achieved

    International Nuclear Information System (INIS)

    Nota, R.

    2001-01-01

    During the past ten years, the energy sector has passed through significant changes including fundamental market, economic, legislative and institutional aspects of sector operation. As the main goal of the Republic of Croatia is the integration into the European Union, the energy sector reform ought to be conducted in keeping with the present market development processes of the EU in such a way as to fulfil all safety criteria. In view of the above mentioned, the Croatian Parliament brought a number of laws during its session in July 2001 (''Official Gazette'' 68/01): 1. Energy Law 2. Energy Activities Regulation Law 3. Electricity Market Law 4. Gas Market Law 5. Oil and Oil Derivatives Market Law, which present the commencement of the energy sector reform (www.mingo.hr).(author)

  18. THE BANKING SYSTEM OF THE RUSSIAN FEDERATION: STATUS AND PROSPECTS

    Directory of Open Access Journals (Sweden)

    L. N. Sotnikova

    2015-01-01

    Full Text Available The features and current trends in the development of the banking system of the Russian Federation are highlighted in the article. The authors propose an original method of evaluation of activities of credit organizations with the use of statistical data and rating agencies. The concept of the banking system is summarized in this article. Also its structure is analyzed by the number of credit institutions and the quality of their operations. The authors identifie differences between the concepts of banking service, banking operation and banking product and propose classification according to different characteristics of banking institutions and operations that they carry out. Then the authors go to estimating the volume of banking services in Russia and their patterns in total. Separately the main passive (deposits and loans and active operations (lending to legal entities and individuals are characterized. The authors identifie the major developments in the banking system of the Russian Federation in 2014 due to political and economic sanctions by the U.S. and Eurozone countries. The article provides a vision of the authors on the further development of the banking activity in Russia and proposes specific measures to adapt the banking system of the Russian Federation in a constantly changing political and economic conditions (financial sanctions, a change of key Central Bank rates, devaluation, etc.. According to the authors' opinion the expected prospects of development of the banking system of the Russian Federation to 2015 are: the growth in savings accounts in banks; sanctions will be of a personal nature and will not affect the largest credit institutions; the active growth of the corporate loan portfolio will continue; the growth of retail lending portfolio will continue to slow; mortgage lending will increase in the total loan portfolio of the banking sector of Russia.

  19. Futures market efficiency diagnostics via temporal two-point correlations. Russian market case study

    OpenAIRE

    Kopytin, Mikhail; Kazantsev, Evgeniy

    2013-01-01

    Using a two-point correlation technique, we study emergence of market efficiency in the emergent Russian futures market by focusing on lagged correlations. The correlation strength of leader-follower effects in the lagged inter-market correlations on the hourly time frame is seen to be significant initially (2009-2011) but gradually goes down, as the erstwhile leader instruments -- crude oil, the USD/RUB exchange rate, and the Russian stock market index -- seem to lose the leader status. An i...

  20. World and Russian Market of Mergers and Acquisitions

    Directory of Open Access Journals (Sweden)

    Natalya S. Zagrebel’Naya

    2015-01-01

    Full Text Available This article analyzes the global and Russian markets of mergers and acquisitions (M&A. The article also presents the dynamics of M&A deals in the world and in Russia for the period 2010-2014, the geography of transactions and their sectoral structure. The overall analysis is supported by the examples of ten largest M&A deals in the world and in Russia, committed in 2014. In the market economy many companies, mostly large, consider M&A as means to improve the material and the production sector, increase profitability, sustainability, creating a positive image. Such transactions could improve a company's development, make business more competitive and profitable. In today's global economy we could observe the growing trend of global integration, which is manifested in the access of various types of companies into new markets, as well as the concentration of capital and consolidation of business, on the one hand. However, on the other hand, there is deterioration in the conditions of the companies due to the ongoing financial, economic and political crises and economic sanctions. This leads to changes in the activity on the world and Russian markets of M&A. Thus, to study its dynamics and trends in the contemporary world and in Russia is one of the most important and actual issues.

  1. The oil market

    International Nuclear Information System (INIS)

    Amic, E.; Lautard, P.

    1999-01-01

    This chapter examines the structure of the oil industry and the impacts of the oil markets on the hedging strategies of the energy consumers, the oil company, and the energy derivatives' provider. An introduction to market perspectives is presented, and the hedging operations in the jet fuel market in the airline sector are discussed. Trading and risk management within an oil company, the derivatives provider, trading derivatives in a multi-dimensional world, locational risks, and the modelling of term structure and the role of storage are considered. Industrial spreads and the role of refining, future market developments and market strategies for crude oil and oil products, and marketing packages and market risk are addressed

  2. Energy sector in Ecuador: Current status

    International Nuclear Information System (INIS)

    Pelaez-Samaniego, M.R.; Garcia-Perez, M.; Cortez, L.A.B.; Oscullo, J.; Olmedo, G.

    2007-01-01

    This paper describes the current energy sector in Ecuador, its present structure, the oil industry, subsidies, and renewable energy, focusing on the evolution and reform of the electricity sector. Currently, 86% of the primary energy originates from nonrenewable sources. In 2005, the gross electricity generation was 15 127 GWh (45.5% hydropower, 43.11% thermal, and 11.39% imported). Ecuador is the fifth largest oil producer in South America but lacks sufficient oil refining capacity. Reserves of natural gas (NG) are small, and most of NG is produced from oil fields without energy recovery. Several projects are underway to increase the utilization of NG and renewable energies to meet Ecuador commitments to the Kyoto Protocol

  3. CONCEPTION OF ONTOLOGY-BASED SECTOR EDUCATIONAL SPACE

    Directory of Open Access Journals (Sweden)

    V. I. Khabarov

    2014-09-01

    Full Text Available PurposeThe aim of the research is to demonstrate the need for the Conception of Ontology-based Sector Educational Space. This Conception could become the basis for the integration of transport sector university information resources into the open virtual network information resource and global educational space. Its content will be presented by standardized ontology-based knowledge packages for educational programs in Russian and English languages.MethodologyComplex-based, ontological, content-based approaches and scientific principles of interdisciplinarity and standardization of knowledge are suggested as the methodological basis of the research. ResultsThe Conception of Ontology-based Sector Educational Space (railway transport, the method of the development of knowledge packages as ontologies in Russian and English languages, the Russian-English Transport Glossary as a separate ontology are among the expected results of the project implementation.Practical implicationsThe Conception could become the basis for the open project to establish the common resource center for transport universities (railway transport. The Conception of ontology-based sector educational space (railway transport could be adapted to the activity of universities of other economic sectors.

  4. The new oil politics

    International Nuclear Information System (INIS)

    Rodado Noriega, Carlos

    1999-01-01

    With a varied menu of adjustments, Colombia looks for to improve the range of international competitiveness and to attract the elusive private investment of risk for the future development of the oil sector. Colombia has just given to its oil sector the biggest rolling in the last decades. A series of measures of diverse class looks for to assign to the country a bigger range of competitiveness international and better exploration indicators that it assures in the time the auto supply of hydrocarbons and the export of surpluses

  5. THE MYTH OF THE RUSSIAN EXISTENTIAL THREAT

    Science.gov (United States)

    2016-04-01

    Putin’s intent. What we can do is learn from his actions, and what we see suggests growing Russian capabilities, significant military modernization...AU/ACSC/POWELL, N/AY16 AIR COMMAND AND STAFF COLLEGE AIR UNIVERSITY THE MYTH OF THE RUSSIAN EXISTENTIAL THREAT...The methodology focuses on Russian capability, capacity, and intention to threaten NATO members’ existence. While Russia does possess nuclear weapons

  6. Russian Model Of The Administrative Justice

    Directory of Open Access Journals (Sweden)

    Natalja I. Jaroshenko

    2014-12-01

    Full Text Available On December 25, 2014 it would be twenty-one year since the Constitution of the Russian Federation was adopted on the national referendum on December 12, 1993. During this time, almost all constitutional provisions are implemented. The key point of course was the judicial reform in Russia, launched simultaneously with the adoption of Constitution of the Russian Federation. Adopted the new Civil Procedural Code, Criminal Procedural Code, Arbitration Procedural Code of the Russian Federation, Federal Constitutional Law "On the Constitutional Court of the Russian Federation", Federal Constitutional Law "On the courts of general jurisdiction in Russia", Federal Constitutional Law "On the Supreme Court of the Russian Federation". However, during twenty-one year of Russian Constitution work, the question on establishment of administrative courts in our country has not been resolved. Merger of the Supreme Court and the Supreme Arbitration Court of the Russian Federation, which happened in the year 2014, also shown the need to resolve the status of administrative courts in Russia. Previously submitted to the State Duma of the Federal Assembly of the Russian Federation the draft of the Federal Constitutional Law "On the Federal Administrative Courts in the Russian Federation" and is on the revision, which does not correspond to changes in the judicial system of the Russian Federation. Despite the failure of the Federal Constitutional Law "On the Federal Administrative Courts in the Russian Federation", in the opinion of the author, and it should be called that way, it Russia has already developed an own model of the Russian administrative justice, which is very specific.

  7. Contaminant transport modeling studies of Russian sites

    International Nuclear Information System (INIS)

    Tsang, Chin-Fu

    1993-01-01

    Lawrence Berkeley Laboratory (LBL) established mechanisms that promoted cooperation between U.S. and Russian scientists in scientific research as well as environmental technology transfer. Using Russian experience and U.S technology, LBL developed approaches for field investigations, site evaluation, waste disposal, and remediation at Russian contaminated sites. LBL assessed a comprehensive database as well as an actual, large-scale contaminated site to evaluate existing knowledge of and test mathematical models used for the assessment of U.S. contaminated sites

  8. Russian- Chinese relations : towards an energy partnership

    OpenAIRE

    Garanina, Olga

    2007-01-01

    18 p.; This paper aims to investigate the Russian-Chinese energy relations in the context of evolution of bilateral strategic relations since 1991.The research is focused on Russia and encompasses three main aspects: strategic approach of Russian-Chinese relations, Russian hydrocarbons production and export potential and prospects for the Eastern Russia. The paper is based on qualitative analysis. It shows that the framework of bilateral relations is globally favourable for creation of costly...

  9. Tug of war for the Eastern Siberian oil pipeline; Touwtrekken om de Oost-Siberische oliepijpleiding

    Energy Technology Data Exchange (ETDEWEB)

    Chrisstoffels, J.H.; Handke, S.

    2007-10-15

    The authors discuss the history and importance of the East-Siberia-Pacific Oil Pipeline (ESPO). This new pipeline is a crucial element of Russia's energy strategy, which calls for the diversification of Russian energy exports by developing East Siberia's oil and gas resources. The authors recall how the Russian state lost its grip on the economy in the 1990s when oligarchs, such as Michail Khodorkovsky, were able to take control over the oil sector, in particular East Siberia's resources. Khodorkovsky bypassed the Moscow government and proposed building a pipeline to China. His plans were only focused on his company's interests, while the Russian state would only get a small share of the revenues. The re-emerging Russian state under president Putin brought a halt to this project and opted for a route that would give Russia the opportunity to export oil to Japan. The struggle for this pipeline and its final route provides an interesting case study of recent political changes in Russia. Furthermore, it illustrates how the Russian state has re-asserted control over the energy industry and which role energy plays in the country's foreign economic policy. Siberia's energy resources can help Russia to participate in the economic rise of the Asia-Pacific region. ESPO is a first step to realize Siberia's potential and to boost Russia's political and economic position in East Asia and beyond. Hence the pipeline is a clear signal of Russia's re-emergence as a powerful player on the Eurasian continent. [Dutch] De auteurs bespreken de geschiedenis en het belang van de Oost-Siberie - Pacific Oil Pipeline (ESPO). Deze nieuwe pijpleiding is een cruciaal onderdeel in de Russische energie-strategie, waarin wordt opgeroepen tot de diversificatie van de Russische energie-export door het ontwikkelen van Oost-Siberische olie- en gasbronnen. De auteurs herinneren eraan hoe de Russische staat zijn greep verloor op de economie in de jaren 1990

  10. Nuclear knowledge management: Russian lessons

    International Nuclear Information System (INIS)

    Gagarinski, A.; Yakovlev, N.

    2004-01-01

    Full text: Union, the issue of generation and accumulation of nuclear knowledge and human resources for realizing this knowledge in practice, have received strong governmental support, and were subject to strict control of the state. This policy, despite the well-known Russian difficulties related to the lag of computational base and complicated scientific and technical exchange with the West ('Iron Curtain'), in the 50-70's has made it possible both to solve the required defence tasks and ensure development of peaceful nuclear energy applications in the Soviet Union. The report briefly summarizes the main achievements in the field of nuclear knowledge management strategy in the period of fast nuclear energy deployment, which include: - establishment, on the base of the 'Uranium Project' founder institutions, of a series of nuclear science and engineering centers (Arzamas, Dimitrovgrad, Dubna, etc.), both within the nuclear branch and in the USSR and Soviet Republics' Academies of Science; - formation of scientific schools headed by eminent scientists, on the base of major nuclear energy issues, gathering creative teams with 'natural' nuclear knowledge transfer; - harmonious nuclear education system, including a large network of higher professional education institutions, which had a principal achievement - close relationship with the leading nuclear research centers; - creation of a regional centers' network intended for regular retraining of nuclear specialists; - creation and development of national centers for collecting, processing and evaluation of nuclear and other data (materials, thermal physics, etc.) necessary for nuclear engineering, as well as for development of algorithms and codes. Russian nuclear program as a whole, and KNM system in particular, received three severe crises in a short time period: - Chernobyl accident (1986); - restructuring of the political system (end of 80's - beginning of 90's); - collapse of the Soviet Union (1991). The report

  11. The Russian Landing Rate, Central Bank’s Policy Related Rate and Intermediation Premium

    Directory of Open Access Journals (Sweden)

    Chu V. Nguyen

    2017-04-01

    Full Text Available This paper illustrates asymmetries in the Russian intermediation premium as measured by the spread between the commercial lending rate and the Central Bank’s policy related rate. Empirical results have shown that the Russian intermediation premium adjusts to the threshold faster when the Central Bank’s policy related rates increase relative to lending rates as opposed to when the Central Bank’s policy related rates move in the opposite direction. The findings of this paper suggest that during the period when the Russian Federation faced formidable challenges from a sharp decline in oil prices and reduced access to international capital markets due to Western sanctions, the Central Bank of Russia was not effective in utilizing countercyclical monetary policy to achieve macroeconomic objectives and commercial banks exhibited predatory pricing behavior.

  12. Prospects of Foreign Capital Raising for Russian Power Grid Companies

    Directory of Open Access Journals (Sweden)

    N. N. Shvets

    2015-01-01

    Full Text Available The power sector reform in Russia saw capital raising as one of the key objectives. Additional investments are necessary, in particular, for renovation of fixed assets which are ca. 70% worn out. The official Strategy for the development of the Russian power grid also provides for privatization of certain companies and foreign investors are considered among others as the target audience. Upon prospective privatization the sector is expected not only to experience a certain increase in capital expenditures, but also to benefit from foreign expertise and efficiency enhancement. At the moment, however, the privatization plans are hard to implement due to a number of obstacles. Prospective investors are mostly concerned about the lack of transparent regulation and clear development strategy of the industry. This is particularly relevant to the tariff system, which has been continuously altered in recent years. This might be explained by the need of the state support by other sectors, which is often provided at the expense of the power industry. Furthermore, the prospects of foreign capital raising are negatively influenced by the conflict in Ukraine and the corresponding negative perception of potential investors. The above factors result in the decrease in value of power grid companies as well as in the lack of visibility regarding the prospects of the sector development. Privatization thus becomes unreasonable both for the state and prospective investors. At the same time, despite the sector specifics, there are precedents of successful sale of power grid assets to private investors by international peers. Particularly, Vatenfall and Forum have recently closed relevant transactions, nothing to say about the power grid sector of Brazil, majorly controlled by private owners. Transparent regulation, clear pricing rules and well-balanced economic policy are, indeed, indispensable prerequisites for successful privatization. Those might back up a

  13. Evaluation of Risks Related To Russian Power Grid Companies by Foreign Investors

    Directory of Open Access Journals (Sweden)

    Daria L. Val'kova

    2016-01-01

    Full Text Available The article focuses on the impact of the current crisis on evaluation of risks related to Russian power grid companies by foreign investors as well as on prospects of raising foreign capital. The current situation resulted in a considerable deterioration of investment climate in Russia as well as in aggravation of industry-specific problems. Inflation growth, devaluation of the national currency, GDP decrease, drop in electricity consumption and the crisis in the banking sector negatively impact the investment profile of the country. This leads to increased risk premium for foreign capital investments in any type of Russian assets. At the same time industry-specific problems augmented as well. Those are primarily lack of transparency in regulation, which is subject to constant changes, growth in overdue receivables, limited access to modern technologies. All of the above had a considerable impact on the perception of Russian risks by international investors. A comprehensive approach is needed to improve the investment climate in the country and this would be largely defined by the general macroeconomic development of the Russian Federation and relations with other states. Consistent strategy and integrated actions of the Government and respective Ministries are of particular importance. As for the industry-specific factors, transparent and well-balanced long-term tariff system is the key condition for sustainable improvement of the situation in the sector, according to the major industry participants and leading experts. Thus, the article highlights changes in investor perception of the Russian power grid sector as well as relative impact on the industry development prospects. This analysis is the basis for further elaboration of recommendations regarding easing off of the crisis impact on the power grid companies as well as for assessment of prospects of meeting strategic industry development objectives.

  14. China's oil resources

    Energy Technology Data Exchange (ETDEWEB)

    Wiesegart, K

    1981-03-01

    The United Nations International Meeting on Petroleum Geology is being held this month from 18-25 in China, a country whose oil reserves up to mid-sixties had been judged by foreign observers to be minute and the development of her oil sector of no major importance. Today, with an annual crude output of 106 mn tons, China already ranks ninth among the world's oil producers. And, with the prospect of a further advance towards leadership among producers and exporters of the coveted energy material, the West is showing growing interest in China's energy potential. How real is this prospect forms the subject of this article. 3 tables.

  15. International oil and gas finance review 1997

    International Nuclear Information System (INIS)

    Anon.

    1997-01-01

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

  16. Values and education: Russian perspective

    Directory of Open Access Journals (Sweden)

    Borytko Nikolai M.

    2005-01-01

    Full Text Available This article is about some lessons of the multi-cultural analysis of a joint Russian-British educational project. The analysis, based on the achievements of Russian pedagogical science, about the achievement of the most effective cross-cultural communication, can be listed among the outcomes of the project, along with the applied results, which consists in developing an educational management training program. The growth of innovation process and international contacts in education testifies to the fact that education culture is evolving toward a new quality. In the evolution/process, the basic needs of schools, teachers and education managers are identified and conceptualized. Sharing achievements and discoveries in professional growth should be kept in mind and that fulfilling the needs can only take place within the context of the cultural-pedagogic position inherent to an individual teacher, a group of teachers, or a school. From the point of view of cross-cultural analysis, the specifics lie in the inherent values and the level at which the activity is typically performed. This analysis equips the researcher with the criteria necessary for identifying the culture type dealt with. This latter can be used then as a tool for analyzing and designing innovations.

  17. Studying The Great Russian Revolution

    Directory of Open Access Journals (Sweden)

    A. V. Torkunov

    2017-01-01

    Full Text Available The article revises an established view of Russian Revolution as two separate events - February Revolution and October Revolution. The author supports the concept of the «Great Russian Revolution», which unites these two events in a single process of revolutionary development. The author draws attention to the following advantages of the concept under consideration. First, it conceptualizes the revolution as a process contingent of a local and global historical context. In this sense, the revolution is presented as the transition of society to the modern stage of development, meaning the transition to modernity. Second, revolutionary events in Russia are considered from the point of view of the evolution of the spatial and socioeconomic distribution and rearrangement of key social groups: peasantry, elites, national and ethnic minorities. Third, it takes into account the personal factor in the revolutionary events, the influence of individual personalities on escalation or the reduction of socio-political tensions. Fourth, it draws attention to the fact that revolutions imply the use of various forms of political violence. Each revolution is characterized by a unique correlation of forms and intensity of political violence. Finally, it gives a normative assessment of the Revolution, encouraging a national discussion on the results and consequences of this great event.

  18. Oil use and oil dependency: Long-term issues

    International Nuclear Information System (INIS)

    Serot, D.E.; Belzer, D.B.; Guthrie, S.A.; Roop, J.M.

    1989-06-01

    The continued dependence of the United States on imported oil is a matter of increasing concern. Under the direction of the Department of Energy's Office of Policy Integration, Pacific Northwest Laboratory conducted a study which was to examine long-term issues related to oil dependence. Major issues addressed are (1) energy efficiency and the role of new technologies, (2) fuel switching, and (3) regional factors affecting fuel use. The study examines all major end-use sectors in the economy, covering the industrial, commercial, residential, transportation, and electric utility sectors. The potential impacts of efficiency improvements in oil- using equipment are assessed through the year 2000. 107 refs., 8 figs., 9 tabs

  19. Update on Spain's oil market

    International Nuclear Information System (INIS)

    Whitaker, D.; Gutierrez, I.

    1994-01-01

    Since Spain's entry into the European Community a liberalisation of the oil industry has occurred culminating in two oil sector reform laws passed in 1992. While competition has increased, a return to the free-market policies which held sway before 1927 has not happened. Rather, three large companies dominate the Spanish oil market, with continuing input from government towards liberalization, if somewhat slowly. This paper describes recent changes and examines factors which limit liberalization policies. (UK)

  20. Corporate debts ad credit performance under the new mechanism of reorganization of the Russian banks

    Directory of Open Access Journals (Sweden)

    Sergey A. Andryushin

    2017-09-01

    Full Text Available Objective to explore the dynamics and factors of formation of corporate debts the characteristics of low credit activity of the Russian banks and regulation of liquidity deficit of enterprises under the new reorganization mechanism in the Russian banking sector. Methods systematic approach to the cognition of economic phenomena which allows to study them in their dynamic development taking into account the influence of various environmental factors. The systematic approach determined selection of specific research methods empirical logical comparative and statistical. Results the article is devoted to the problems of declining credit activity of commercial banks under the conditions of economic activity revival as well as to assessing the impact of the new reorganization mechanism on this process. It is shown that in the recent years the nonfinancial sector faces the trend of optimizing the corporate debts and the liquidity deficit which reduced the demand for loans and as a consequence decreased the banksrsquo credit activity. To analyze the dynamics of deficitsurplus of liquidity in the corporate sector a new classification of liquidity deficitsurplus levels was introduced. Based on the proposed classification the risk factors were identified that influenced the dynamics of indebtedness in the corporate sector. The article also analyses the modern monetary mechanism of money supply in the economy and its transformation. It was determined that the main limitation of credit issuance by commercial banks is their capital not the reserve multiplier. The new mechanism of credit institutionsrsquo financial recovery and its impact on the banksrsquo credit activity was estimated. The conditions of liquidity deficiency reduction in the Russian companies were analyzed in the medium term. Scientific novelty for the first time on the basis of system analysis methods the growth factors of the corporate debt load were identified the peculiarities of low

  1. Basic guide of modern Russian education

    OpenAIRE

    Ibragimova, Liliya; Rodikov, Alexander

    2014-01-01

    This article is devoted to the study of the problems of modern Russian education in the context of globalization of the world of education. The publication addresses the main guide of the modern Russian education. It presents an analysis of contemporary processes of globalization and their impact on the international scientific community.

  2. Legal Portion in Russian Inheritance Law

    Science.gov (United States)

    Inshina, Roza; Murzalimova, Lyudmila

    2013-01-01

    In this paper the authors describe the right to inherit as one of the basic human rights guaranteed by the Constitution of the Russian Federation. The state has set rules according to which after a person's death, his or her property is inherited by other persons. The Russian civil legislation establishes the institution of legal portions that is…

  3. Heutiges Russisch (2) (Contemporary Russian [2])

    Science.gov (United States)

    Russisch, 1976

    1976-01-01

    Considers contemporary Russian usage with regard to variations in the genitive, accusative and nominative inflections and the synonymity of full and shortened adjective forms. Material is excerpted from "Stilistik der russischen Sprache" (Russian Language Style) by D. Rosental and M. Telenkowa. (Text is in German.) (FB)

  4. Heutiges Russisch (Schluss) (Contemporary Russian [Conclusion])

    Science.gov (United States)

    Russisch, 1976

    1976-01-01

    Considers two aspects of contemporary Russian language usage: (1) synonymity of prepositions, and (2) semantic and stylistic differences arising when certain verbs govern nouns in different cases. Material is excerpted from "Stilistik der russischen Sprache" (Russian Language Style) by Rosental and M. Telenkowa. (Text is in German.) (FB)

  5. Lexical Inferencing in Reading L2 Russian

    Science.gov (United States)

    Comer, William J.

    2012-01-01

    This study describes how intermediate-level first language English readers of Russian as a second language deploy lexical inferencing and other strategies when reading informational texts. Fifth-semester students of Russian performed think-alouds while reading two texts; one written for the general adult reader, and the other meant for school-age…

  6. The Russian Novel, Literature: 5113.88.

    Science.gov (United States)

    Dade County Public Schools, Miami, FL.

    Developed for a high school quinmester unit on the Russian novel, this guide is designed to give students the opportunity to become familiar with the major works of Leo Tolstoy and Fyodor Dostoevski. Performance objectives for the course include studying the general facets of 19th century Russian culture and history, analyzing the novels of…

  7. Electronic Repository of Russian Historical Statistics

    NARCIS (Netherlands)

    Tykhonov, Vyacheslav; Kessler, Gijs; Markevich, Andrei; de Vries, Jerry

    2014-01-01

    The Electronic Repository for Russian Historical Statistics brings together data extracted from various published and unpublished sources in one place. Its principal focus is Russian economic and social history of the last three centuries (18th-21st). The repository caters to the needs of the

  8. An Analysis of Ratings of Russian Banks

    NARCIS (Netherlands)

    van Soest, A.H.O.; Peresetsky, A.; Karminsky, A.M.

    2003-01-01

    Since the recent financial crisis, both the Russian business community and foreign investors have started to make more and more use of ratings of the reliability of Russian banks, i.e., their ability to meet interest and repayment commitments to the investors.In response to this, the number of

  9. Russian Media Education Researches: 1950-2010

    Science.gov (United States)

    Federov, Alexander

    2010-01-01

    This article analyzed the development of Russian media education researches from 1950 to 2010 years. The list of theses of the Russian authors on the subject of Media Education is about 180 titles since 1950. Nearly 70 of them have been defended for the recent 10 years. From 1950 till 1959 six theses were defended, from 1960 till 1969--15; from…

  10. Russian gas in the west European market

    International Nuclear Information System (INIS)

    Nikitin, B.A.

    1996-01-01

    The paper relates to the Russian supply of natural gas to the west European market. Following themes are discussed: The resource basis of the gas industry; analysis of the European gas market; projects for Russian gas supply to Europe; international co-operation

  11. Globalization of the energy sector - a U.S. regulator`s perspective

    Energy Technology Data Exchange (ETDEWEB)

    Kallaur, Carolita [Offshore Minerals Management, U.S. Department of the Interior (United States)

    1998-12-01

    This publication relates to globalization of the energy sector addressing issues of significant importance to the United States. The author touches upon a number of activities MMS (Mineral Management Service) is involved in with a focus on a joint project being engaged in with NPD (Norwegian Petroleum Directorate) to help the Russian Federation develop a safety and environment regime for its offshore. The aim of the project are national standards that set requirements for local and regional governments, safety and environment requirements that conform to international standards, apply to both Russian and foreign firms, and sharing of best practices between NPD, MMS and Russian authorities

  12. All quiet on the eastern front? Disruption scenarios of Russian natural gas supply to Europe

    International Nuclear Information System (INIS)

    Richter, Philipp M.; Holz, Franziska

    2015-01-01

    The 2014 Russian–Ukrainian crisis reignited European concerns about natural gas supply security recalling the experiences of 2006 and 2009. However, the European supply situation, regulation and infrastructure have changed, with better diversified import sources, EU member states being better connected and a common regulation on the security of supply has been introduced. Nevertheless, European dependency on natural gas remained high. This paper investigates different Russian natural gas export disruptions scenarios and analyses short- and long-term reactions in Europe. We use the Global Gas Model (GGM), a large-scale mixed complementarity representation of the natural gas sector with a high level of technical granularity with respect to storage and transportation infrastructure. While we find that most of the EU member states are not severely affected by Russian disruptions, some East European countries are very vulnerable. Prioritizing the removal of infrastructure bottlenecks is critical for securing a sufficient natural gas supply to all EU member states. - Highlights: • We analyze disruption scenarios of Russian natural gas exports to Europe. • Most EU countries are only weakly affected by a complete Russian supply disruption. • We find that Eastern Europe is vulnerable to Russian supply disruptions. • We identify infrastructure bottlenecks in the European natural gas network. • We find that the large EU LNG import capacity is not sufficiently connected

  13. VAT: ways of improving administration and calculation during transshipment and transfer of oil and oil products

    Directory of Open Access Journals (Sweden)

    Vasiliy F. Stoykov

    2017-12-01

    Full Text Available Objective to eliminate legal uncertainty in interpretation and implementation of a legal norm para. 4 subclause 2.2. clause 1 Art. 164 of the Taxation Code of the Russian Federation to elaborate proposals for improving the Russian legislation on taxes and duties which is essential for elimination of the said problems. Methods the research is based on a set of general scientific and specific methods of cognition used in the science of Financial Law dialectic method formaldogmatic method methods of analysis analogy induction and synthesis historical retrospective formalization and logical method. Results the article presents theoreticallegal analysis of the consequences of ambiguous interpretation of a legal norm para. 4 subclause 2.2. clause 1 Art. 164 of the Taxation Code of the Russian Federation in relation to organizations rendering services in the sphere of oil and oil products transportation and transshipment. It is stated that one of the essential problems in the practice of value added tax implementation is the use of zero tax rate. When the norms of the above Article are interpreted it causes problems in organizations engaged in oil and oil products transportation and transshipment due to the differences in positions of the Russian Ministry of Finance and the taxation authorities about the location of works to be referred to transshipment. Another problem is narrow comprehension of organizations engaged in oil transportation as well as uncertainty of norms related to the terminology of oil transportation transshipment and reloading. All the above inaccuracies and ambiguities in legislation lead to problems in organizations engaged in oil transportation as is shown by the example of ldquoMarine Port Servicerdquo Close Corporation. The author also presents the results of analysis of judicial practice in the sphere of interpreting para. 4 subclause 2.2. clause 1 Art. 164 of the Taxation Code of the Russian Federation. The possible

  14. Multifractal structures for the Russian stock market

    Science.gov (United States)

    Ikeda, Taro

    2018-02-01

    In this paper, we apply the multifractal detrended fluctuation analysis (MFDFA) to the Russian stock price returns. To the best of our knowledge, this paper is the first to reveal the multifractal structures for the Russian stock market by financial crises. The contributions of the paper are twofold. (i) Finding the multifractal structures for the Russian stock market. The generalized Hurst exponents estimated become highly-nonlinear to the order of the fluctuation functions. (ii) Computing the multifractality degree according to Zunino et al. (2008). We find that the multifractality degree of the Russian stock market can be categorized within emerging markets, however, the Russian 1998 crisis and the global financial crisis dampen the degree when we consider the order of the polynomial trends in the MFDFA.

  15. The Russian nuclear data research programme

    International Nuclear Information System (INIS)

    1995-11-01

    The report contains the Russian programme of nuclear data research, approved by the Russian Nuclear Data Committee on 16 December 1994. It gives surveys on nuclear data needs, on the structure of nuclear data activities, on experimental facilities for nuclear data measurements at five Russian institutes, on theoretical model work, nuclear data evaluation, and nuclear data testing. It describes four Russian nuclear data centers and their relations to the International Nuclear Data Centres Network, and their holdings of nuclear data libraries of Russian and international origin. A summary of nuclear data applications in energy and non-energy fields is given. An appendix contains a detail nuclear data research programme for the years 1995 - 2005. (author). 16 refs, 1 fig., 6 tabs

  16. Dynamic international oil markets

    International Nuclear Information System (INIS)

    van der Linde, C.

    1992-01-01

    Dynamic International Oil Market Developments and Structure 1860-1990 discusses the logic of changing market structures of the international oil industry. The market structures have, in the course of time, oscillated between competition and oligopoly, as the oil market expanded, matured, stagnated, and expanded again. This book provides a dynamic interpretation of the intensifying struggle among producer, and consumer governments, and oil companies, over the distribution of economic rents and profits. In particular, it shows the shifting fortunes of the governments and companies as they try to control the recurring capacity constraints between the upstream and downstream sectors, generated by the instability of the oil market. The first part of the book examines market conditions and developments between 1860 and 1990; the second part analyzes market structures after 1945

  17. CHALLENGES AND OPPORTUNITIES FOR EMISSION REDUCTIONS FROM THE COAL-FIRED POWER SECTOR IN GROWING ECONOMIES: THE CASE OF COAL-FIRED ELECTRIC UTILITY PLANTS IN RUSSIA

    Science.gov (United States)

    China, Russia and India together contribute over one-fourth of the total global greenhouse gas emissions from the combustion of fossil-fuels. This paper focuses on the Russian coal-fired power sector, and identifies potential opportunities for reducing emissions. The Russian powe...

  18. Outlook for Saskatchewan heavy oil

    International Nuclear Information System (INIS)

    Youzwa, P.

    1993-01-01

    Some of the opportunities and challenges currently facing the heavy oil industry in Saskatchewan are discussed from a government perspective. By the end of September 1993, 220 heavy oil wells were drilled in the province, and 26% of the land sales in 1993 were in heavy oil areas. About 41% of the wells drilled in heavy oil areas were horizontal oil wells. Of the total horizontal wells drilled in Saskatchewan, 48% are for heavy oil, and horizontal well production averages 85 bbl/d. Initial trends suggest that horizontal wells both accelerate production and contribute to ultimate recovery. Total heavy oil production in 1992 reached 28.9 million bbl and recoverable reserves in 1991 were 262.3 million bbl, or 1.5% of total oil in place. The low recovery is not only due to technical factors such as high viscosity but also to low investment in the heavy oil sector due to poor economics. It is hoped that lower interest and exchange rates, the success of horizontal wells and the provincial royalty structure will maintain the recent increase in heavy oil activity. The provincial government recently launched a comprehensive energy strategy in which development of a heavy oil strategy is an important component. Total heavy oil reserves exceed those of light and medium oil and have significant development potential. The Saskatchewan government wishes to adopt a cooperative and partnership approach in its dealings with the heavy oil industry to help realize this potential. 9 figs

  19. General overview of the Mexican energy sector

    International Nuclear Information System (INIS)

    Perez-Jacome, D.

    1999-01-01

    An overview of Mexico's energy sector was presented, with particular focus on the natural gas and electricity sectors. Mexico ranks fifth in oil production, eighth in proven oil reserves, and fourteenth in natural gas reserves. In 1998, the energy sector generated 3.3 per cent of Mexico's gross domestic product (GDP), and oil accounted for 7.5 per cent of total exports. National production of natural gas has been forecasted to grow at a rate of 5.2 per cent annually over the next 10 years. This will be largely due to the increased demand for natural gas to produce electricity. The Mexican government has also taken initiatives to restructure the Mexican energy sector with particular focus on increasing the competitiveness of the electric power industry. Electricity demand is also expected to grow at a rate of 6 per cent annually over the next six years. The objectives of energy reform are to promote more investment from all sectors in order to strengthen the development of the electric power industry and to provide a reliable, high quality service at competitive prices. 9 figs

  20. The Future of Russia and the Russian Navy. Report of Discussions in Moscow November 2-6, 2003

    Science.gov (United States)

    2004-01-01

    grave existence of their workers. It is also reported that for oil especially, the companies are simply 4. IKEA has found that the average Russian...shopper spends as much as the average Swedish shopper— IKEA is only in Moscow now, but is planning to expand around the country. 5. Erin A. Arvedlund

  1. Environmental impact of nuclear industry and power generation in the Russian Federation: assessment of contribution to general damage

    International Nuclear Information System (INIS)

    Vetrov, V.

    2002-01-01

    The objective of the study was assess the contribution of nuclear industry and power generation to environmental pollution in the Russian Federation. The general aim is to provide rationale for the sound strategy and priorities in addressing issues related to technogenous environmental pollution at the national and regional governance levels. Estimates were derived from data found in reviews published by federal environmental protection authorities. The impact of major sectors of economy to contamination of the environment was estimated through analyzing the amount of chemical and radioactive releases, as well as parameters of air, water, soil and forest contamination for economic regions and provinces where major nuclear plants are located. Pollutant maximum permissible concentrations (MPC) for natural environment media (ambient air, natural water, soil) as adopted in RF were taken as evaluation criteria. A relative pollution index taking account of the gross product value in the given sector of economy was proposed for the purposes of economic assessment. According to reported data nuclear power and industry plants make no adverse effect on the ambient air quality in impact areas. Emissions of industrial gases and pollutants, and fossil-fuel combustion (dust and soot, NO 2 , CO etc.) remain the main sources of dangerous (exceeding MPC) chemical air pollution in each province concerned. The leading industries contributing a principal load to air pollution are: automobile transport, metallurgy, etc. Specific pollution indexes were calculated for several major sectors: φ=P/(MPC)·M m 3 /Rb, where P is gross pollutant emission, g/year; MPC - as above, g/m 3 ; M is value of annual production, Rb/year. Values of φ for these sectors are given in table form. Water quality in most natural fresh water resources fails to meet the standards, the most widespread pollutants being represented by oil products, phenols, etc. Major sources of water pollution are: industrial

  2. The Sino-Russian strategic partnership: oil and gas

    International Nuclear Information System (INIS)

    Holtzinger, J.M.

    2010-01-01

    This article examines the nature and extent of the energy partnership between Russia and China, and shows that neither party wants to let itself be dependent on the other despite the de facto link arising from the strategic proximity of the two powers

  3. Venturing into the private sector: Conclusion

    International Nuclear Information System (INIS)

    Anon.

    1993-01-01

    From the very beginning, HEU has been a government-to-government deal. And right fully so. These weapons were produced by the US and Russia over the course of the Cold War. The two superpowers should play the main role in their dismantlement. After all, these aren't cars or microcomputers we're talking about. They are weapons of mass destruction. One day, private business will profit from their dismantlement. But it is truly the responsibility of the US and Russian governments to accomplish the larger objective of the HEU deal: To destroy these weapons, once and for all. But if government can fulfill the role of moral overseer, there's no reason why the private sector should not be involved in implementing the plan. And there is no shortage of companies lining up for a piece of the business. The Russians are all ears. While a deal with the US is their main priority, they've spoken to a number of private companies about blending down and marketing the HEU. In recent months, several US companies have signed preliminary agreements with the Russians. But what actual business these agreements will lead to is very unclear

  4. CARBON INTENSITY OF THE ENERGY SECTOR FOR TOGO IN 2012

    African Journals Online (AJOL)

    Global Journal

    in Togo in 2012 in order to provide decision-makers, producers, distributors and final ... In line with the IPCC 2006 methodologies, greenhouse gas emissions in 2012 in Togo ... estimates by the sectoral and reference methods, the inventory is coherent as a whole. ..... oil in the residential, commercial and industrial sectors.

  5. Employment strategy of the Russians

    Directory of Open Access Journals (Sweden)

    Vladimir Borisovich Toreev

    2015-05-01

    Full Text Available During the crisis it is especially important to choose a correct employment strategy. Every employee uses an employment strategy, as he/she selects the direction of long-term employment consciously or intuitively. The choice of strategy is determined by a number of factors shaping the person’s attitudes: health, character, upbringing, education, social environment, institutional environment. The employment strategies of the young people newly entering the labor market differ from lab our strategies of workers. Young people do not have such experience and can plan their life “from scratch”. The Soviet specialists, people who started their career in the planned economy, have their own features of employment strategies. The article describes employment strategies of the Russians

  6. Russian Virtual Observatory: Data Sources

    Directory of Open Access Journals (Sweden)

    Malkov O.

    2016-03-01

    Full Text Available The purpose of this review is to analyze main directions of creation and functioning of major data sources developed by Russian astronomers or with their participation and to compare them with the worldwide trends in these fields. We discuss astronomical space missions of the past, present, and future (Astron, INTEGRAL, WSO-UV, Spectrum Roentgen Gamma, Lyra-B, high-quality photometric atlases and catalogues, and spectroscopic data sources, primarily VALD and the global VAMDC framework for the maintenance and distribution of atomic and molecular data. We describe collection, analysis, and dissemination of astronomical data on minor bodies of the Solar System and on variable stars. Also described is the project joining data for all observational types of binary and multiple stars, Binary star DataBase (BDB.

  7. Oil and gas activities in northern Norway. Summary; KonKraft rapport 6

    Energy Technology Data Exchange (ETDEWEB)

    2009-07-01

    KonKraft report 6 deals with oil and gas operations on the Norwegian continental shelf (NCS) from Nordland county and northwards. It aims to contribute to a broad factual base for decision processes related to opening new exploration areas in these waters. The Norwegian petroleum sector employs about 250 000 people directly and indirectly. It accounts for a third of government revenues, and 90 per cent of its profits accrue to the state. NOK 119 billion of the central government budget in 2009 comes directly from oil and gas revenues. These funds finance roads, nursery schools, hospitals and the Norwegian welfare state. In addition, they safeguard future pensions. This industry is at a crossroads today. Oil production has dropped by 30 per cent since 2000. Recent forecasts from the Norwegian Petroleum Directorate show that it may be reduced by 50 per cent from its peak by 2013. Overall oil and gas output is expected to begin falling from the middle of the next decade. To slow this decline in output and revenues, the oil companies need access to new and attractive exploration acreage. Half the production expected by the government in 2030 relates to resources which have yet to be proven. Opening further areas of the NCS to petroleum activities would contribute to maintaining substantial investment and revenues for the community, and to continuing the development of industry in the northernmost parts of the country. The report reviews unopened areas along the Norwegian coast from the Helgeland region and north-eastwards to the Russian border. Nordland VI and VII plus Troms II are regarded by the petroleum industry as the most promising regions for big discoveries which could slow the production decline. The KonKraft 2 report concerning production development on the NCS estimates remaining resources in these three areas at 3.4 billion barrels of oil equivalent (boe). (Author)

  8. Oil and power: Iraq at the crossroads

    International Nuclear Information System (INIS)

    Enay, P.

    1995-11-01

    Oil and Power: Iraq at the Crossroads is the first analysis which specifically addresses the oil sector in Iraq. It provides a detailed account of the present Iraqi oil infrastructure and assesses the risks and opportunities facing those who seek to invest in its redevelopment. The report examines the implications for the world oil markets of Iraq's ambitious plans to expand production capacity to 6m barrels per day -almost twice its pre-war peak. It explains in clear, authoritative terms the profound problems confronting Iraq's oil sector and the prospects for rebuilding it. It analyses expertly and in detail the current regime's chances of survival and examines the alternative contenders for power -and their likely attitudes towards co-operation with foreign oil interests. The report examines and explains: Iraq's oil infrastructure, from fields under exploration to nominal administrative structure; the effect on oil prices of Iraq's eventual re-entry into the oil market; the facilities in need of repair and where the shortage of spares and human expertise are; the unofficial decision-making structure in the oil sector; the short- and medium-term impact of economic disintegration on oil development policy; the effects of UN sanctions and the motives of those supporting or opposing sanctions; the likely impact of prevailing economic constraints on Iraqi oil and the historical role of commissions in Iraqi oil contracts; the political impact of General Hussein Kamal Hassan's defection and the Kurdish and Shi'ite threats to Iraqi national unity. (author)

  9. Overview of the Russian nuclear industry; Le panorama nucleaire russe

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2008-02-15

    In 2004, President Poutine decided to replace the atomic energy ministry (Minatom) by the federal atomic energy agency (Rosatom). Several projects were launched during the next two years which aimed at bringing back Russia to the fore front of the world leaders of nuclear energy use and nuclear technology export. In 2007, Rosatom agency was changed to a public holding company and a new company, named Atomenergoprom, was created which gathers all civil nuclear companies (AtomEnergoMash for the exploitation of power plants, Technabsexport (Tenex) specialized in enrichment or Atomstryexport in charge of export activities). Thus, Rosatom is at the head of all civilian and military nuclear companies, of all research centers, and of all nuclear and radiological safety facilities. In 2006, Russian nuclear power plants supplied 15.8% of the whole power consumption. Russia wishes to develop its nuclear program with the construction of new reactors in order to reach a nuclear electricity share of 25% from now to 2020. This paper presents first the 2007 institutional reform of the Russian atomic sector, and the three sectorial federal programmes: 1 - development of the nuclear energy industrial complex for the 2007-2010 era and up to 2015 (future power plants, nuclear fuel centers and reactor prototypes), 2 - nuclear safety and radioprotection for the 2008-2015 era (waste management, remedial actions, radiation protection), 3 - military program (confidential). Then, the paper presents: the international actions (export of Russian technology, cooperation agreements, non-proliferation), the situation of the existing nuclear park (reactors in operation, stopped, under construction and in project), the fuel cycle activities (production of natural uranium, enrichment, fuel fabrication, spent fuel storage, reprocessing, waste management), the nuclear R and D in Russia, and the nuclear safety authority. (J.S.)

  10. The oil and oil services industry international context 2008

    International Nuclear Information System (INIS)

    Serbutoviez, S.; Silva, C.

    2008-11-01

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

  11. 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

  12. Empirical data and optimal monitoring policies: the case of four Russian sea harbours

    Energy Technology Data Exchange (ETDEWEB)

    Deissenberg, C. [CEFI-CNRS, Les Milles (France); Gurman, V.; Shevchuk, E. [RAS, Program Systems Inst., Pereslavl-Zalessky (Russian Federation); Ryumina, E. [Russian Academy of Sciences, Moscow (Russian Federation). Inst. of Economic Market Problems; Shevlyagin, K. [State Committee of the Environment Protection of the Russian Federation, Moscow (Russian Federation). Marine Environment Dept.

    2001-07-01

    In this paper, we describe the present state of empirical information about oil spills and oil monitoring activities in Russian harbours. We explain how we gathered, organized, and estimated the data needed to run the monitoring efforts optimization model of Deissenberg et al. (2001). We present, analyse, and discuss the results of the optimizations carried out with this model on the basis of the empirical data. These results show, in particular, that the economic efficiency of the monitoring activities decreases rapidly as the corresponding budget increases. This suggests that, rather urgently, measures other than monitoring should be initiated to control sea harbour pollution. (Author)

  13. Russian electricity market reform: Deregulation or re-regulation?

    International Nuclear Information System (INIS)

    Gore, Olga; Viljainen, Satu; Makkonen, Mari; Kuleshov, Dmitry

    2012-01-01

    Russia commenced liberalization of electricity prices in 2007 increasing the liberalization rate by 10–25% every six months. It was planned to reach full liberalization by 2011. Currently, the degree of liberalization is uncertain because of intense price regulation and a highly concentrated market in the hands of four large generating companies. Increased regulation and further consolidation may drive the market towards its pre-reform state. This paper analyses the competitive landscape of the Russian electricity market by assessing the ownership structure of electricity generation, price drivers, and government involvement in the electricity wholesale market in Russia. The main research question is why the targeted level of market liberalization has not been fully achieved in the Russian electricity market. - Highlights: ► Congested grid; deficit of capacity and market concentration hinder competition. ► Investment needs of the power sector led to price shocks. ► Price increase and poor competition force the government to regulate prices. ► Low liberalization rate and non-cost-reflective pricing is a result of price regulation. ► Increased regulation and consolidation drive the market toward its pre-reform state.

  14. OPTIMIZATION OF THE RUSSIAN MACROECONOMIC POLICY FOR 2016-2020

    Directory of Open Access Journals (Sweden)

    Gilmundinov V. M.

    2016-12-01

    Full Text Available This paper is concerned with the methodological issues of economic policy elaboration and optimization of economic policy instruments’ parameters. Actuality of this research is provided by growing complexity of social and economic systems, important state role in their functioning as well as multi-targets of economic policy with limited number of instruments. Considering a big variety of internal and external restrictions of social and economic development of modern Russia it has wide range of applications. Extension of the dynamic econometric general equilibrium input-output model of the Russian economy with development of the sub-model of economic policy optimization is a key purpose of this study. The sub-model of economic policy optimization allows estimating impact of economic policy measures on target indicators as well as defining optimal values of their parameters. For this purpose, we extend Robert Mundell’s approach by considering dynamic optimization and wider range of economic policy targets and measures. Use of general equilibrium input-output model allows considering impact of economic policy on different aggregate markets and sectors. Approbation of suggested approach allows us to develop multi-variant forecast for the Russian economy for 2016-2020, define optimal values of monetary policy parameters and compare considered variants by values of social losses. The obtained results could be further used in theoretical as well as applied researches concerned with issues of economic policy elaboration and forecasting of social and economic development.

  15. Alcohol policy in a Russian region: a stakeholder analysis.

    Science.gov (United States)

    Gil, Artyom; Polikina, Olga; Koroleva, Natalia; Leon, David A; McKee, Martin

    2010-10-01

    Male life expectancy in the Russian Federation, at 60 years, is the lowest in Europe. Several factors contribute to this situation, but hazardous consumption of alcohol is especially a key factor. We undertook a stakeholder analysis in a typical Russian region located on the western side of the Urals. Organizations with a stake in alcohol policy in the region were identified by snowball sampling and information on their position and influence on alcohol policy was elicited from interviews with key informants. Their interests and influence were mapped and their relationships plotted. Twenty-nine stakeholder organizations were identified and 43 interviews were conducted with their staff. The most influential actors were the Federal and regional governments, large beer producers and manufacturers of strong alcohols. However, the majority of organizations that might be expected to play a role in developing or implementing alcohol control policies were almost entirely disengaged and fragmented. No evidence was found of an existing or emerging multi-sectoral coalition for developing alcohol policy to improve health. Organizations that might be expected to contribute to tackling hazardous drinking had little understanding of what might be effective. While stakeholders with an interest in maintaining or increasing alcohol consumption are engaged and influential, those who might seek to reduce it either take a very narrow perspective or are disengaged from the policy agenda. There is a need to mobilize actors who might contribute to effective policies while challenging those who can block them.

  16. Health Care in the Russian Federation.

    Science.gov (United States)

    Younger, David S

    2016-11-01

    The Russian Federation health system has its roots in the country's complex political history. The Ministry of Health and Social Development and its associated federal services are the principal Russian institutions subserving the Russian Federation. Funding for the health system goes through 2 channels: the general revenue budget managed by federal, regional, and local health authorities, and the Mandatory Health Insurance Fund. Although the Soviet Union was the first country in the world to guarantee free medical care as a constitutional right to all its citizens, quality and accessibility are in question. Copyright © 2016 Elsevier Inc. All rights reserved.

  17. The philosophical implications of Russian conceptualism

    Directory of Open Access Journals (Sweden)

    Mikhail Epstein

    2010-01-01

    Conceptualism identifies itself as a predominantly Russian-Soviet mode of thinking. In the West, the correlation between ideological signs and observable reality has been persistently validated through scientific and economic practice; while in Russia, traditionally, reality itself has been constructed from ideological signs generated by its ruling minds as a kind of hyper-reality. Thus, Russian Conceptualism sees itself not as a mere replica of Western postmodernism, but as a reflection of the underlying structures of Russian history, where the signs of reality have always been subject to ideological manipulation.

  18. CORPORATIONS IN RUSSIAN ECONOMICS OF TODAY

    Directory of Open Access Journals (Sweden)

    S. A. Shirokovskikh

    2011-01-01

    Full Text Available In Russian economics there are purely Russian private corporations as well as mixed state/private owned and transnational corporations. Specific ways of forming corporations in Russia resulted in corporate management models different from those used abroad (exclusive of largest holdingcompanies with considerable participation of the state. Difference in the corporation forms is determined by relations between owners and top managers. Efficient and sustainable (in the western sense functioning of Russian corporations may become effective only after long timeprovided RF ownership right legislation gets simultaneously improved.

  19. Oil Extraction and Benefit Sharing in an Illiberal Context

    DEFF Research Database (Denmark)

    Tysiachniouk, Maria; Henry, Laura A.; Lamers, Machiel

    2018-01-01

    with Lukoil, a Russian oil company. The Nenets people, recognized by the Russian state as indigenous, are marginalized political actors who identified a route to receiving compensation for loss of land and damage to the environment as well as economic benefits under the auspices of Russian law and Lukoil......How can indigenous communities in illiberal regimes benefit from oil production? This paper compares the experience of two indigenous peoples in the Russian Arctic, the Nenets and the Komi-Izhemtsi, in their quest for environmental protection and the development of benefitsharing arrangements......’s corporate policies. In contrast, the Komi-Izhemtsi, despite indigenous status in global institutions including the United Nations and the Arctic Council, are unrecognized as indigenous domestically and initially received no compensation. Their path to benefit sharing was more challenging as they partnered...

  20. Palm Oil

    Science.gov (United States)

    Palm oil is obtained from the fruit of the oil palm tree. Palm oil is used for preventing vitamin A deficiency, cancer, ... blood pressure, high cholesterol, and cyanide poisoning. Palm oil is used for weight loss and increasing the ...