How Australia's oil and gas sector can contribute to the future energy landscape

2016 ◽  
Vol 56 (3) ◽  
Author(s):  
Christiaan Heyning
Keyword(s):  
Oil And Gas ◽  
Energy Landscape ◽  
The Future ◽  
Oil And Gas Sector

Shaping the future workforce for the oil and gas sector

2020 ◽  
Vol 60 (2) ◽  
pp. 380
Author(s):  
Juliet Andrews ◽  
Louise Rolland ◽  
Tony Cotton
Keyword(s):  
Leadership Training ◽  
Oil And Gas ◽  
Mining Industry ◽  
Work Design ◽  
Social Changes ◽  
Technological Changes ◽  
Economic Forces ◽  
The Future ◽  
Oil And Gas Sector ◽  
Sophisticated Analysis

Four broad trends are shaping the workforce of the future: demography, social changes, economic forces and technology. The first two mean that the workforce is much more diverse than before, both in its capabilities and its expectations. The economic forces will affect the nature of business and the organisation of work and how the workforce interacts with work. Technological changes mean that the nature of work is changing, and the workforce will have to adapt to meet the new ways of work and changing needs of industry. Although some have assumed that this will lead to a loss of jobs, more sophisticated analysis shows that many jobs will, in fact, be enhanced or redesigned as a result of the opportunities that technology brings. This paper focuses on our recent research into the changing nature of work and our recent work mapping the effect of technology on the mining industry. This mapping will provide insights into how technology has shaped the skills needed in the industry into the future and how organisations need to respond, including implications for leadership, training and work design. Our aim is to deliver a compelling case for acting now to prepare the oil and gas workforce, and to highlight the talent strategies the sector and its members should prioritise in response.

Energy Decarbonisation and Primary Energy in the 21st Century

2021 ◽  
Vol 70 (2) ◽  
pp. 11-16
Author(s):  
Vladislav Brkić
Keyword(s):  
21St Century ◽  
Oil And Gas ◽  
Primary Energy ◽  
Low Carbon ◽  
Oil Companies ◽  
The World ◽  
The Future ◽  
Exploration And Production ◽  
The Republic ◽  
Oil And Gas Sector

This paper emphasizes the role of primary sources of energy, primarily oil and gas in the future (so-called “energy mix”) with the expected trends in the future. The changes expected by the oil and gas sector in the 21st century have been underlined due to energy decarbonisation. There are intense discussions about the oil and gas future due to the effects of climate change and the announcement that oil is in the final phase of exploitation due to the high depletion of fields around the world. How are the big oil companies responding to these challenges and what are the trends of global energy consumption? In the 21st century, it is necessary to take in account all types of energy with the growth of renewable sources. In the meantime, natural gas is imposed as a bridge between fossil and decarbonised energy, and the trends in the gas segment in the world and in the Republic of Croatia will be emphasized as well. In addition, the new Croatian energy strategy must be aligned with changes in the oil and gas sector, as well as exploration and production of hydrocarbons. Carbon-free energy is still a long way, but the low-carbon energy period has begun.

scholarly journals Serbia and geoeconomic globalization

2010 ◽  
pp. 25-40
Author(s):  
Hasiba Hrustic
Keyword(s):  
Oil And Gas ◽  
Foreign Debt ◽  
Economic Globalization ◽  
Economic Convergence ◽  
Reform Agenda ◽  
Railway Infrastructure ◽  
The Future ◽  
Oil And Gas Sector ◽  
Entire Economy ◽  
Future Growth

Serbia takes part in the process of the economic globalization through the process of economic convergence towards Europe. Currently this economic convergence with the EU nations represents the most important aspect of the economic globalization for Serbia. Otherwise, the national states, regardless of their size, can influence the economic globalization, if they have the national strategy for the regionalization, harmonization, and governance of the global processes. Serbia has opportunities to be an important world oil and gas crossroads. For Serbia it is interesting not only what will happen with oil and gas sector in the future, but also what kind of (geo)politics will follow it. Moreover, as a modern transport 'backbone', Corridor 10 might at the same time stimulate the development and connection of the remaining Serbian road and railway infrastructure with the neighborhood, as well as the entire economy as a whole. The reform agenda is comprehensive and neglecting important challenges such as creating institutions will result in deeper crises in the future. Growth will only take place if the society creates the institutions and policies that encourage innovation, investment, and education. The rise in competitiveness of the Serbian economy is becoming increasingly important for at least two reasons - one being the expected EU accession, and the other being the persistent high current account deficits and increased foreign debt jeopardizing macroeconomic stability. Serbia does not have the luxury of postponing this work on longer-term issues.

Ways to improve tax administration of major taxpayers of oil and gas sector

2020 ◽  
Vol 23 (9) ◽  
pp. 1064-1076
Author(s):  
O.V. Ovchar
Keyword(s):  
System Analysis ◽  
Oil And Gas ◽  
Import Substitution ◽  
State Regulation ◽  
Tax Administration ◽  
Problems And Solutions ◽  
Original Interpretation ◽  
Instrumental Methods ◽  
Oil And Gas Sector ◽  
Tax Regulation

Subject. Under rapid changes in the external economic environment, new forms and methods of State regulation of oil and gas industries, especially, improving the taxation and tax regulation instruments become relevant. Objectives. The study aims to provide an original interpretation of methods of improving the tax administration of major taxpayers in the oil and gas sector applied at the present stage. Methods. I employ normative and holistic approaches to examine taxation efficiency in the oil and gas sector, general scientific and special methods of scientific cognition, i.e. retrospective, system analysis, observation, classification, instrumental methods of grouping, sampling, comparison and synthesis, as well as evolutionary and dynamic analysis. Results. I consider basic problems and solutions in the sphere of tax administration of major taxpayers of Russian oil and gas industries. The paper offers a package of measures and recommendations aimed at improving the efficiency of tax regulation, underpins the applied approach to tax administration of organizations operating in the oil and gas sector. Conclusions and Relevance. Our country needs a comprehensive program for tax administration of the entire technological cycle: from upstream operations to full-scale import substitution of consumer goods.

“PIRAMIDA TINGGI, A State of the Art to Fulfill Obligation of Forestry Permit on Watershed Rehabilitation at PT Pertamina Hulu Mahakam”

2020 ◽  
Author(s):  
P. Sarwanto
Keyword(s):  
Land Tenure ◽  
Management System ◽  
Web Application ◽  
Local Community ◽  
Oil And Gas ◽  
Cost Optimization ◽  
Field Work ◽  
Development Goals ◽  
Potential Risks ◽  
Oil And Gas Sector

Among other obligations imposed under the forestry permit, watershed rehabilitation planting is perceived by the upstream oil and gas sector as the most complex challenge to conquer. Despite its poor track in fulfilling timeline and required result, there are also other challenges to consider, for instance lack of critical location, weather, fire, land tenure, community habit and capability, and cost optimization. In attempt to respond these challenges, an innovation in management system is constructed at PT Pertamina Hulu Mahakam, embracing and tailoring all related challenges, difficulties, and complexities, escalating the activity to be beyond compliance. So that it will be able to deliver more than merely avoid the identified potential risks towards company. The management system, called PIRAMIDA TINGGI (Pemberdayaan Masyarakat untuk Melestarikan Hutan di Dunia demi Ketahanan Energi Nasional), actively involves government, community, and business sector as equilateral triangle that work together to perform watershed rehabilitation planting. Developed using ISO 9001:2015 process approach namely PDCA (Plan-Do-Check-Act), the PIRAMIDA TINGGI system is in line as well with NAWACITA (President Joko Widodo’s vision, mission and program). To encounter other issue found during field work, this system is equipped as well with another innovation tool named PARIDA, a geospatial mobile-desk top-web application that easily able to map and identify vegetation in real time for further geo-analyzing multi-purposes, to be operated by local community. Full set implementation of this system has benefitted all parties. To Company in form of significant cost efficiency around 13.9 MUSD and 7 days’ faster result delivery besides obligation fulfillment, for others in form of broader advantage of proven sustainability project that has gave contribution to 5P (People, Planet, Prosperity, Partnership and Peace), objectives required by UN Sustainable Development Goals 2030.

Trends and Prospects of Development of the Oil and Gas Sector in the Context of Digitalization

2020 ◽  
Vol 26 (1) ◽  
pp. 35-45 ◽  
Author(s):  
A. G. Kazanin
Keyword(s):  
Oil And Gas ◽  
Digital Technologies ◽  
Oil And Gas Industry ◽  
Global Market ◽  
The Arctic ◽  
Business And Society ◽  
Gas Industry ◽  
Exploration And Production ◽  
Oil And Gas Sector

The modern oil and gas industry is heavily dependent on the processes and trends driven by the accelerating digitalization of the economy. Thus, the digitalization of the oil and gas sector has become Russia’s top priority, which involves a technological and structural transformation of all production processes and stages.Aim. The presented study aims to identify the major trends and prospects of development of the Russian oil and gas sector in the context of its digitalization and formation of the digital economy.Tasks. The authors analyze the major trends in the development of the oil and gas industry at a global scale and in Russia with allowance for the prospects of accelerated exploration of the Arctic; determine the best practices of implementation of digital technologies by oil and gas companies as well as the prospects and obstacles for the subsequent transfer of digital technologies to the Russian oil and gas industry.Methods. This study uses general scientific methods, such as analysis, synthesis, and scientific generalization.Results. Arctic hydrocarbons will become increasingly important to Russia in the long term, and their exploration and production will require the implementation of innovative technologies. Priority directions for the development of many oil and gas producers will include active application of digital technologies as a whole (different types of robots that could replace people in performing complex procedures), processing and analysis of big data using artificial intelligence to optimize processes, particularly in the field of exploration and production, processing and transportation. Digitalization of the oil and gas sector is a powerful factor in the improvement of the efficiency of the Russian economy. However, Russian companies are notably lagging behind in this field of innovative development and there are problems and high risks that need to be overcome to realize its potential for business and society.Conclusions. Given the strategic importance of the oil and gas industry for Russia, its sustainable development and national security, it is recommendable to focus on the development and implementation of digital technologies. This is crucial for the digitalization of long-term projection and strategic planning, assessment of the role and place of Russia and its largest energy companies in the global market with allowance for a maximum number of different internal and external factors.

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