Riding the green wave: are oil and gas companies jumping on board?

2019 ◽  
Vol 59 (3) ◽  
Author(s):  
Marlene Motyka
Keyword(s):  
Renewable Energy ◽  
Oil And Gas ◽  
Energy Company ◽  
Growth Opportunity ◽  
New Entrants ◽  
The Right ◽  
Oil And Gas Companies ◽  
Green Box

In many countries renewable energy was originally driven by utilities, independent power producers, government entities or a combination of these. Renewable energy was seen as being on the fringes and not viable long term. The perspective has changed and now increasingly new entrants have emerged, in particular oil and gas companies. Why is this the case? Is it because they are redefining what it means to be an energy company? It is because it supports diversification? Is it because renewable energy is seen as a growth opportunity? Is to check the 'green' box? We’ll investigate the reasons that new entrants are emerging and what it means for the sector. To view the video, click the link on the right.

scholarly journals Lessons Learned from BP: Deepwater Horizon and the Transition to Renewables

2021 ◽  
Vol 2 (Fall/Winter) ◽  
pp. 1-15
Author(s):  
Daniel Valle
Keyword(s):  
Oil And Gas ◽  
Deepwater Horizon ◽  
Lessons Learned ◽  
Gradual Transition ◽  
British Petroleum ◽  
Ethical Practices ◽  
Energy Company ◽  
Before And After ◽  
Oil And Gas Companies ◽  
A Company

This paper analyzes the gradual transition of British Petroleum (BP), one of the world's largest oil and gas companies, into a renewable energy company focused on sustainability and the reduction of carbon emissions. BP's leadership and ethical practices are compared before and after the 2010 Deepwater Horizon disaster. The purpose of the comparison and the broader analysis of the transition is to identify how effective leadership can be used to transform a company with a suspect social responsibility record into a leader among its peers. Lessons learned from the disaster, and the subsequent transition conclude the research.

Sonatrach chief plans to shake up the Algerian company

2017 ◽  
Keyword(s):  
Oil And Gas ◽  
The United States ◽  
Energy Prices ◽  
Content Type ◽  
Foreign Companies ◽  
Energy Company ◽  
Energy Politics ◽  
The Face ◽  
October 17

Subject Energy politics in Algeria. Significance The CEO of state-owned energy company Sonatrach, Abdelmoumen Ould Kaddour on October 17 said during an oil and gas conference in London that Algeria would move away from from oil-indexed, long-term contracts and towards more flexible terms. Since he took the helm in March, the head of Sonatrach has called for radical changes in the way the national oil and gas corporation operates, in the face of the fall in global energy prices. Ould Kaddour has made it clear he thinks the corporation is weighed down by bureaucracy and lacks strategic vision. Impacts Foreign companies are likely to welcome Ould Kaddour’s initiative, but will be wary of the political ramifications. Sonatrach’s priority will be to maintain or increase market share against more competition from Russia, Australia and the United States. Ould Kaddour may not have enough time to deliver results; turnover of senior personnel in Sonatrach over the past few years has been rapid.

Esso Australia’s long-term contribution to the east coast gas market

2019 ◽  
Vol 59 (3) ◽  
Author(s):  
Nathan Fay
Keyword(s):  
Joint Venture ◽  
Oil And Gas ◽  
Free Market ◽  
Supply And Demand ◽  
Petroleum Industry ◽  
Gas Production ◽  
Oil And Gas Production ◽  
The Right ◽  
Gas Supply

This year marks the golden jubilee of Australia’s offshore petroleum industry after the first gas was produced from Bass Strait by Esso and BHP’s Gippsland Basin Joint Venture. For half a century our industry has been driven by technology – pioneering technical excellence and pushing the envelope in the pursuit of much needed oil and gas production. Today, the landscape in East Australia is changing and gas is at the forefront of the discussion. Declines in East Australia’s historical conventional fields have seen gas supply tighten and prices rise. There is a strong need for additional affordable and reliable gas supply. While continued improvements in technology remain a critically important enabler in developing Australia’s gas resources; global supply and demand, regulatory frameworks, and the commercial arrangements that underpin new developments are becoming more and more important. ExxonMobil Australia’s new Chairman, Nathan Fay, has a wealth of experience working with gas markets around the world. He will explain why it is so important for policymakers to establishment a stable free market environment to encourage these long-term relationships. To view the video, click the link on the right.

Analyzing the liabilities and stockholders' equity of the world's leading public oil and gas corporations

2020 ◽  
Vol 19 (4) ◽  
pp. 745-763
Author(s):  
O.V. Shimko
Keyword(s):  
Oil And Gas ◽  
Balance Sheet ◽  
Annual Reports ◽  
Balance Sheets ◽  
Dominant Component ◽  
Total Debt ◽  
Accounts Payable ◽  
Main Components ◽  
Oil And Gas Companies

Subject. The article investigates liabilities and equity of leading public oil and gas companies from 2006 to 2018. Objectives. The focus is on determining the current values of the main components of liabilities and equity of leading public oil and gas companies, identifying the key trends over the studied period and factors that led to the changes. Methods. The paper employs methods of comparative, financial, and economic analysis, generalization of official annual reports on financial and business operations of the said corporations. Results. Based on the results of the comprehensive analysis of balance sheets of 25 oil and gas companies, I established movements in the size and structure of liabilities and equity in the public sector of the industry and the main factors that contributed to the changes. Conclusions. Over the studied period, I revealed an increase in the balance sheet valuation of liabilities and equity of most of leading public oil and gas companies, notwithstanding a noticeable decrease in their value after the industry crisis. The components of liabilities and equity remained approximately equal, but the transformation in the ratio between the components occurred within the indicators themselves. The long-term component started prevailing in the structure of liabilities. It was driven by growing total debt, which almost equaled the value of accounts payable. As a result, the total debt became the dominant component of long-term liabilities, and accounts payable retained key positions only in the short-term component.

scholarly journals Development of Optimum Portfolio for Investment in Oil & Gas Sector (Investor’s View)

2019 ◽  
Vol 15 (2) ◽  
pp. 110-130
Author(s):  
Sumeet Gupta ◽  
Sourav Basak
Keyword(s):  
Renewable Energy ◽  
Crude Oil ◽  
Oil And Gas ◽  
Solar Power ◽  
Stock Exchange ◽  
Risk And Return ◽  
Markowitz Model ◽  
The World ◽  
Oil And Gas Companies ◽  
Oil And Gas Sector

With establishment of International Solar Alliance in New Delhi and due to the push given to renewable energy by the current government India has opened new dimension for innovation, investment and industry. This government has made a significant effort to push India’s renewable energy ambition. Due to this push India is now the 4th largest wind power producer in the world only behind of China, USA & Germany. India has made record addition to the solar power capacity in last 5 years. Although the recently concluded Financial Year (FY19) has shown a dip in installation of solar power with only 6500MW installed in the year. With this trend in the country the researchers are focusing on the scenario of renewable energy in India. So, the papers which are recently made available in the public domain are concerned with the current scenario. The surge in renewable energy is a good sign for the nation as renewable is the future. Though the rising demand of the fastest growing economy of the world can’t be satisfied with this growth in renewable energy. In simply words, the growth of the renewable energy is not enough to sustain the growth of the Indian economy. This statement is supported by the growing dependence of India on imported crude oil. Dependence of imported crude oil has gone up to 83.7% in Financial Year 19 from 82% in FY18. Hence, it can be said that the oil and gas sector is not getting the required focus. Development of an optimum portfolio to minimize risk and maximize return is required before taking any investment decision. Portfolio optimization is required when you think of investing in oil and gas sector as its one of the most volatile sectors. This study is focused on developing an optimum portfolio for investment in oil and gas sector in India. Hence, 11 companies listed on Bombay Stock Exchange is selected for the study. Risk and return of all the 11 companies are calculated. The companies are ranked according to their risk. Weightage of investment is assigned to the top 5 companies (with lowest risk). The study has been conducted to construct an optimum portfolio of oil and gas companies using Markowitz Model. The study has been conducted on individual securities listed in Bombay Stock Exchange (BSE). The objectives of this study are: Risk and return analysis of individual securities of oil and gas companies in India listed with BSE. To identify the opportunities of investment in oil and gas companies and development of an optimum portfolio for investment in these companies. To construct optimal portfolio using Markowitz Model. To check whether Markowitz Model performs well in Oil and gas companies well in BSE or not.

scholarly journals Long-term Trends of Volatile Organic Compounds over the Texas, USA in the Past Two Decades

2021 ◽  
Vol 259 ◽  
pp. 01003
Author(s):  
Ruizhe Liu
Keyword(s):  
Volatile Organic Compounds ◽  
Organic Compounds ◽  
Oil And Gas ◽  
The Past ◽  
Volatile Organic ◽  
Long Term Trends ◽  
Secondary Air Pollutants ◽  
Secondary Air ◽  
Oil And Gas Companies

Volatile organic compounds (VOCs) are organic compounds in the air that have low vapor pressure. VOCs can be emitted from a variety of sources including biogenic, anthropogenic and pyrogenic processes. VOCs are precursors of aerosols and tropospheric 03. which harm human health. However, the potential of VOCs forming secondary air pollutants varies by species. Here, we analyze the long-term trends of soiu'ce. concentration and reactivity of six classes of VOCs from 1995 to 2018 over Texas. USA. VOCs emission from petroleum and related companies in Texas kept increasing these years. Among the VOCs tracers of oil and gas companies, the concentration of ethane kept increasing until 2015. Despite the increase of oil and gas related VOCs. the concentration of total VOCs and reactivity-weighted VOCs have decreased in the past two decades. We further investigate the seasonality of VOC reactivities, which depend on both temperature and VOC concentration. We find that VOC reactivity generally is highest in fall and lowest in spring, and such seasonality does not change over the two decades.

Sign in / Sign up

Export Citation Format

Share Document