Application of operations management modelling towards optimising research and development performance processes in the oil and gas industry: the case of SINOPEC Corp. and NNPC

2017 ◽  
Vol 41 (2) ◽  
pp. 164-183
Author(s):  
Mukhtar Habib ◽  
Hamza Jakada ◽  
Musa Salihu Danlami ◽  
Hafsah Kabiru Jibril
Keyword(s):  
Research And Development ◽  
Operations Management ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Gas Industry

General financial environment 2014

2014 ◽  
Vol 54 (1) ◽  
pp. 467
Author(s):  
Max Williamson
Keyword(s):  
Research And Development ◽  
Oil And Gas ◽  
Carbon Tax ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Resource Rent ◽  
Oil And Gas Exploration ◽  
Tax Legislation ◽  
Oil Shock ◽  
The Government

Research available from oil and gas industry commodity traders and bankers suggests relatively stable pricing of key commodities for the next two to three years. Barring another oil shock, or similar major international event, that will mean a positive atmosphere for longer term decision making by project developers and regulators. With a new, stable Federal Government and similar persuasion State Governments focused on repealing the carbon tax and developing key infrastructure around Australia including ports, it is not unreasonable to expect a period of real growth and project development, including a resurgence of interest in oil and gas exploration. Doubtless continuing pressure from political lobby groups and parties to try and claim some ground in areas like groundwater re-treatment and usage, and the repeal of the Mineral Resource Rent Tax and the carbon tax legislation packages, will be apparent. How the government may achieve these legislation changes will have significant impact on project feasibility and how projects are designed, operated and managed. Some of the fascinating developments in researching aspects of how the Australian industry will achieve its technical objectives and how they are supported by the research and development tax incentives are worth more than a cursory financial review. With a historically cheap cost of capital there will be increased focus on borrowing methodologies and supporting techniques, with equity only being freely available to the majors. The funding of exploration programs and the determination of what is research and development in those programs will be critical for smaller companies.

scholarly journals RUSSIAN OIL AND GAS (O&G) INDUSTRY: MODERN CHALLENGES AND INNOVATIONAL DEVELOPMENT

2019 ◽  
pp. 27-33
Author(s):  
I.V. Bakhareva
Keyword(s):  
Research And Development ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Development Trends ◽  
Development Activity ◽  
Gas Industry ◽  
Technology And Innovation ◽  
The Face

The paper researches the competitiveness of the Russian oil and gas industry in the face of upcoming global innovational changes. The analysis includes the evaluation of the macroeconomic and innovational environment in which the industry operates, the summarization of several predominant research and development trends in the industry as well as the peculiarities of research and development activity in the Russian oil and gas industry. The findings show that the Russian oil and gas industry underinvests in the development of own technology and innovation and heavily depends on foreign imports in several key areas of its operation.

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.

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