Environmental update for 2007

2008 ◽  
Vol 48 (1) ◽  
pp. 413
Author(s):  
Gordon Baird ◽  
Mark Lorkin
Keyword(s):  
Oil And Gas ◽  
Environmental Issues ◽  
Oil And Gas Industry ◽  
Environmental Research ◽  
Summary Statistics ◽  
Gas Industry ◽  
Regulatory Climate ◽  
Market Opportunities ◽  
Epbc Act ◽  
Research Initiatives

This environmental update for 2007 covers key environmental issues and development updates for the upstream oil and gas industry in Australia. Driven by market opportunities, the continued significant growth in the exploration and development of oil and gas reserves in Australia is considered against the environmental issues and challenges this growth presents. The number of large projects is testing regulatory approvals processes at a time when there is an ever rigorous and adapting regulatory climate, an increasing need for stakeholder engagement, and sustainability considerations. The review includes a summary of the environmental approval status of the large number of LNG projects in their various stages of development, as well as summary statistics on oil and gas activities in relation to assessment under the key Commonwealth environmental assessment legislation, the EPBC Act. An overview of changes in the main oil and gas legislation is also provided. Major environmental issues affecting the oil and gas industry are summarised, along with details of some of the main areas of ongoing environmental research initiatives. Finally, a summary of the review draws together the matters described in the environmental update for 2007.

scholarly journals Corporate Environmental Disclosures of Oil and Gas Companies in India: An Analysis of Executives’ Perceptions

2021 ◽  
Vol 16 (3) ◽  
pp. 861-879
Author(s):  
Kishore Kanti Majumdar ◽  
Shuchi Pahuja
Keyword(s):  
Value Chain ◽  
Oil And Gas ◽  
Environmental Issues ◽  
Oil And Gas Industry ◽  
Environmental Indicators ◽  
Annual Reports ◽  
Gas Industry ◽  
Sustainability Disclosure ◽  
Environmental Disclosures ◽  
Oil And Gas Companies

Environmental and sustainability issues have assumed significance, leading to social and legal pressures on the companies across the world to take steps to reduce and prevent adverse impact of their activities on the environment and to disclose this information to the concerned stakeholders. The present study aims at investigating the perceptions of executives from 26 listed Indian oil and gas companies on Corporate Environment Disclosures (CEDs)in the annual reports using a structured questionnaire.The questionnaire was constructed on the basis of eleven environmental indicators provided in international oil and gas industry guidelines for voluntary sustainability reporting framework. An attempt was made to determine whether the extent and type of environmental disclosures have correlation with executives’ position in the organization, their knowledge about the annual reports, their stock holdings in the company and the value stream to which the companies belonged. It was found thatthe responding executives were well aware of the environmental issues associated with activities across the value chain in the oil and gas industry. They agreed that these issues are material and must be disclosed in the annual reports, but had different perceptions on the importance of four environmental issues given in the questionnaire for disclosure in the reports. A significant statistical relationship was found between perceived corporate environmental disclosure index (PCEDI) and respondents’ positions in the company and their knowledge on the annual reports. It is suggested that a greater role to knowledgeable senior executives at key positions should be assigned to deal with sustainability disclosure affairs.

2010 environmental update

2011 ◽  
Vol 51 (1) ◽  
pp. 179
Author(s):  
Alastair Sharp-Paul ◽  
Alexandra Hare ◽  
Alice Turnbull ◽  
Tara Halliday
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Environmental Research ◽  
Gas Industry ◽  
North West ◽  
The North ◽  
The Usa ◽  
Policy And Suggestion ◽  
High Level ◽  
Gas Fields

Focusing on Australian projects, this paper provides a summary of the key environmental challenges and developments that arose in 2010 and the industry’s response. The paper considers: developments in legislation and the regulatory environment relating to environmental approvals and management; major project approvals and their environmental requirements and implications; key environmental incidents; and reviews new environmental research and management initiatives that were introduced by the industry. A number of states have introduced changes to the way legislation and regulations are interpreted through changes to guidelines and administrative procedures. There has been a general increase in the standard and level of information that regulators expect proponents to provide and while generally these expectations are documented in guidelines and other documents, in some instances there has been a perceived ‘moving of the goal posts’ without clear guidance on what is expected and how the information will be considered once provided. There has been a number of major projects either commencing or gaining environmental approval in 2010. This includes major projects: in Western Australia, on the North West Shelf and in the Timor Sea/Browse Basin; onshore in Queensland in the coal-seam gas fields and continued exploration and development both onshore and offshore around Australia. One of the most significant approvals in 2010 was the Prelude LNG Project–the first approval in Australia of floating LNG technology. Major environmental incidents in 2009 (Montara in Australia and Macondo in the USA) continued to have repercussions in 2010 with the draft government response to the Report of the Montara Commission of Inquiry released in November. These incidents have put the oil and gas industry under the spotlight and this paper looks at some of the statistics on the frequency and severity of environmental incidents, albeit at a high level. Finally, the industry has continued to implement a number of environmentally related initiatives both in response to government policy and suggestion and independently through groups such as the APPEA environment committee.

Deployment of Digital NDT Solutions in the Oil and Gas Industry

2020 ◽  
Vol 78 (7) ◽  
pp. 861-868
Author(s):  
Casper Wassink ◽  
Marc Grenier ◽  
Oliver Roy ◽  
Neil Pearson
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Gas Industry

What Does Rent Give to Federal Budget (on the Russia's Budget Dependence upon "Oil Dollars")

2004 ◽  
pp. 51-69 ◽  
Author(s):  
E. Sharipova ◽  
I. Tcherkashin
Keyword(s):  
Oil And Gas ◽  
Strong Dependence ◽  
Oil Prices ◽  
Federal Budget ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Resource Rent ◽  
Tax Legislation ◽  
Russian Economy ◽  
The Government

Federal tax revenues from the main sectors of the Russian economy after the 1998 crisis are examined in the article. Authors present the structure of revenues from these sectors by main taxes for 1999-2003 and prospects for 2004. Emphasis is given to an increasing dependence of budget on revenues from oil and gas industries. The share of proceeds from these sectors has reached 1/3 of total federal revenues. To explain this fact world oil prices dynamics and changes in tax legislation in Russia are considered. Empirical results show strong dependence of budget revenues on oil prices. The analysis of changes in tax legislation in oil and gas industry shows that the government has managed to redistribute resource rent in favor of the state.

The Political Economy of Power: Approaches to the Analysis of Relationships between the State and Business in Russia

2011 ◽  
pp. 19-33
Author(s):  
A. Oleinik
Keyword(s):  
Oil And Gas ◽  
Road Construction ◽  
Oil And Gas Industry ◽  
Retail Trade ◽  
Business Community ◽  
The Political ◽  
Economic Power ◽  
Gas Industry ◽  
The Road ◽  
Ruling Elites

The article deals with the issues of political and economic power as well as their constellation on the market. The theory of public choice and the theory of public contract are confronted with an approach centered on the power triad. If structured in the power triad, interactions among states representatives, businesses with structural advantages and businesses without structural advantages allow capturing administrative rents. The political power of the ruling elites coexists with economic power of certain members of the business community. The situation in the oil and gas industry, the retail trade and the road construction and operation industry in Russia illustrates key moments in the proposed analysis.

Consideration of Geopolitical Challenges within the Analysis of Geoenvironmental Risks for Oil and Gas Development of the Russian Arctic

2019 ◽  
Vol 16 (6) ◽  
pp. 50-59
Author(s):  
O. P. Trubitsina ◽  
V. N. Bashkin
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Optimal Operation ◽  
The Arctic ◽  
Stage Model ◽  
Oil And Gas Development ◽  
Gas Industry ◽  
The Impact ◽  
Further Development ◽  
Geopolitical Risks

The article is devoted to the consideration of geopolitical challenges for the analysis of geoenvironmental risks (GERs) in the hydrocarbon development of the Arctic territory. Geopolitical risks (GPRs), like GERs, can be transformed into opposite external environment factors of oil and gas industry facilities in the form of additional opportunities or threats, which the authors identify in detail for each type of risk. This is necessary for further development of methodological base of expert methods for GER management in the context of the implementational proposed two-stage model of the GER analysis taking to account GPR for the improvement of effectiveness making decisions to ensure optimal operation of the facility oil and gas industry and minimize the impact on the environment in the geopolitical conditions of the Arctic.The authors declare no conflict of interest

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