scholarly journals VISUALIZATION OF DATA DESCRIBING THE TAX CULTURE IN OIL AND GAS INDUSTRY

2016 ◽  
Vol 4 (2016) ◽  
Author(s):  
Gulnara S KARIBEKOVA ◽  
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Visualization Of Data

The Role of Digitalization in Decarbonizing the Oil and Gas Industry

2021 ◽  
Author(s):  
Peace Bello
Keyword(s):  
Oil And Gas ◽  
Enhanced Recovery ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Long Run ◽  
Digital Twins ◽  
Operations And Maintenance ◽  
Share Data ◽  
Real Time Visualization ◽  
Visualization Of Data

Abstract As the Oil & Gas industry journeys towards net zero carbon emissions, a lot needs to be done, one of which is the adoption of digital transformation across companies. Decarbonization requires a transformational shift in the way companies operate, how they source, use, consume and think about energy and feedstocks. If the Oil & Gas sector will continue to exist, it must carry out its activities in the safest possible way and digitalizing it will help in achieving this. A survey by Newsweek shows that areas where transformative technologies are having the biggest impact are production-related, operations and maintenance, enhanced recovery, fracking/tight reservoirs, and exploitation at greater depths. Luis Abril of Minsait opined that digital technology enables companies to extract more value from data, using new platforms to share data with the entire organization, suppliers, contractors, and partners. The real-time visualization of data helps optimize decision making. Big data can be analyzed to find answers to questions such as: What piece of equipment is showing signs of wear and should be replaced? What sort of predictive maintenance can be leveraged? What is the most effective fracking approach for this well? AI helps to reduce routine flaring, employ methane capture, optimize production and reservoir management using digital tools such as IoT sensors, digital twins, and virtual reality to model scenarios, monitor operations, track emissions, energy usage and proactively maintain equipment, produce lower-emission products by moving from one hydrocarbon to another (e.g., from coal to natural gas) or creating another product (such as biofuels or syngas). Transformative technologies, particularly IoT, mobility and cloud applications are going to have a profound effect on the future of the oil and gas sector. Investment in these technologies cost a lot which might be difficult for private companies, but it is worth the money in the long run.

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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