scholarly journals Energy Reclassification and Its Significance To Highlight Unconventional Energy In the Oil and Gas Industry

CONVERTER ◽  
2021 ◽  
pp. 528-544
Author(s):  
Yaming Yao, Jianjun Chen
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Close Relation ◽  
Energy Structure ◽  
Clear Understanding ◽  
Gas Industry ◽  
The People ◽  
New Energy ◽  
New Type ◽  
The Relationship

In recent years, the rapid rise of non conventional energy, the formation of the new energy and conventional energy, a situation of tripartite confrontation pattern.In order to enable the people to the energy characteristics, uses, the relationship between them have a more clear understanding, therefore, It is necessary to energy re definition and classification. In this paper, through the current energy structure, distribution, usage.From the angle of Genesis will be divided into three types, Namely:from the earth itself, since the other planet in the universe and from two interactions. At the same time, the non conventional energy is the future of a new type of energy.However, it belongs to the oil and gasindustry.Analysis of global and China's major non conventional energy resources potential, exploration type, present situation of exploitation.And the geological theory and engineering problems,It points out its characteristics, and points out the close relation between it and conventional energy. In particular, points out the necessity and significance of the development of China's non conventional energy.

scholarly journals Empirical analysis of inbound open innovation and SMEs performance: Evidence from oil and gas industry

2018 ◽  
Vol 21 (1) ◽  
Author(s):  
Yusuf O. Akinwale
Keyword(s):  
Financial Performance ◽  
Open Innovation ◽  
Measurement Errors ◽  
Structural Equation ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Petroleum Sector ◽  
External Actors ◽  
The Relationship

Background: This article contributes to existing literature by examining the relationship between inbound open innovation and firms’ financial performance in the Nigerian oil and gas industry. Aim: This article seeks to identify the factors of inbound open innovation and whether these factors influence the financial performance of small and medium-sized enterprises (SMEs) in the Nigerian oil and gas industry. Setting: This article examines 150 indigenous oil and gas SMEs in the upstream subsector of the Nigerian petroleum sector through a survey, using a questionnaire, conducted in 2015. Methods: The study applied the structural equation modelling (SEM) method. This method is used to test the relationships between the factors and to calculate the measurement errors in the hypotheses formulated. Results: The results show that technology scouting, vertical technology collaboration (VTC) and horizontal technology collaboration (HTC) positively and significantly contribute to inbound open innovation, which are thus significant in influencing the financial performance of SMEs. The size of technical staff and research and development (R&D) fund allocations also have a positive and significant correlation with the SMEs’ financial performance. Meanwhile, the age of SMEs is negative and not significant in influencing financial performance. Conclusion: The results suggest that inbound open innovation through scouting, HTC and VTC should therefore be encouraged among SMEs to boost their internal capabilities, which have hitherto enhanced their financial performance. The management members of each SME should continually consider collaboration with the external actors because they cannot singularly possess all the innovative skills required in the industry. Also, each firm should commit itself to allocate more funds to R&D and at the same time should hire those who have relevant production skills and train the existing ones in their firms.

scholarly journals Strategic Thinking: Intelligent Opportunism and Emergent Strategy — The Case of Strategic Engineering Services

2016 ◽  
Vol 17 (1) ◽  
pp. 65-70 ◽  
Author(s):  
Steven Pattinson
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Strategic Thinking ◽  
Gas Industry ◽  
Covering System ◽  
Emergent Strategy ◽  
Engineering Company ◽  
Engineering Services ◽  
The Relationship

This case study focuses on strategic thinking and opportunistic approaches to business growth and diversification. It begins by examining the recent purchase of ‘Quickcover’, a remote-controlled sports pitch covering system, by engineering company Strategic Engineering Services and the company's current dilemma – whether to continue to develop this type of product, or sell it and concentrate on its existing engineering services business. In recent years, Strategic Engineering Services has moved away from traditional heavy engineering and diversified into related areas such as engineering services, oil and gas industry recruitment, plant and equipment hire, instrument calibration and project management. The case considers the relationship between strategic thinking and entrepreneurial approaches to opportunity recognition, exploring the concept of intelligent opportunism as an approach that enables entrepreneurs to develop emergent strategies and take advantage of new opportunities. It explores these concepts in the context of the current dilemma of Strategic Engineering Services.

scholarly journals Board Profile and its Influence on the Stock Value of Oil Companies and Gas

2016 ◽  
Vol 9 (8) ◽  
pp. 37
Author(s):  
Savio De Luna Pinto ◽  
Aline Alves de Andrade ◽  
Roselaine Cristina Borges ◽  
Celso Machado Jr.
Keyword(s):  
Oil And Gas ◽  
Market Value ◽  
Oil And Gas Industry ◽  
Research Information ◽  
Gas Industry ◽  
Oil Companies ◽  
Age Diversity ◽  
Stock Value ◽  
Favorable Conditions ◽  
The Relationship

<p>This article identifies the profile of the boards of the ten largest companies in the Oil and Gas industry on NASDAQ and the variation of their stocks. The research contributes to the study developed by Andrade (2009) which established the relationship between corporate governance and market value in Brazil. Additionally, Connell and Cramer (2010) studied the advice of Ireland companies, point out the importance of analyzing the board's composition and its influence on the organization's performance in the stock market in different segments. The method was a qualitative analysis of the board, and the correlation of the board with the variation and point that studies in a number of other countries generally fail to report any significant association between board composition and firm performance. The research information shows that the best performing companies have common characteristics: advice with fewer members; age diversity of members and specifically trained in master. These characteristics capable of being incorporated by the companies and that give power to favorable conditions for companies, for shareholders and for society in general.</p>

The role of project management office in developing knowledge management infrastructure

2020 ◽  
Vol 27 (10) ◽  
pp. 3261-3287 ◽  
Author(s):  
Hani Arbabi ◽  
Mohammad-Javad Salehi-Taleshi ◽  
Kian Ghods
Keyword(s):  
Knowledge Management ◽  
Project Management ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Technical Support ◽  
Practice Management ◽  
Second Phase ◽  
Gas Industry ◽  
Content Type ◽  
The Relationship

PurposeKnowledge management (KM) is regarded as an essential factor in project-based organizations (PBOs), leading to organizational learning across projects. Over recent years, most PBOs have inserted project management offices (PMOs) into their hierarchical charts to manage their projects much more coherently. These offices can correspondingly provide KM facilities in PBOs. Thus, this study aimed to analyze the relationship between PMO functions and KM infrastructure, as KM enablers in organizations, in Iranian oil and gas upstream PBOs.Design/methodology/approachA two-phase quantitative survey strategy was exercised in this research. The first phase was to investigate the relationship between PMOs and KM infrastructure and to prioritize PMO functions and KM infrastructure based on their existing implementation/establishment status in Iranian oil and gas upstream PBOs. The research participants, identified through the website of the National Iran Oil Company (NIOC), were comprised of 46 oil and gas upstream PBOs which applied for exploration and production (E&P) certificate in Iran in 2016 and 2017. Accordingly, a total number of 46 questionnaires were submitted to the aforementioned companies with a return rate of 41 cases. The second phase was fulfilled questioning 19 Iranian oil and gas industry experts to determine the one-to-one effect of PMO functions on KM infrastructure and to verify the first-phase results.FindingsThe results indicated a strong relationship between PMO functions and KM infrastructure. This relationship was significant with regard to “practice management” and “technical support”, having the most considerable connections with KM infrastructure. According to the first-phase results, the main functions of PMOs in Iranian oil and gas industry were “practice management” and “technical support”. Considering KM infrastructure, “structure” showed the lowest mean value while “culture”, “human resources” and “processes and procedures” obtained the highest scores. The results also demonstrated that PMO functions could lead to more improvements in “processes and procedures”, as a sub-component of KM infrastructure, compared with other sub-components. Furthermore, the oil and gas industry experts believed that “organizational culture” in KM could be shaped by most of PMO functions.Originality/valueThis study fulfilled the need for exploring the relationship between PMO functions and KM since academic literature lacked a thorough investigation, to the best of authors' knowledge, pertaining to the effects of PMO functions on KM development in oil and gas PBOs.

Pedagogical Subjectivity of Monitoring the Formation of Professional Readiness of Future Workers in the Oil and Gas Industry

2020 ◽  
Vol 8 (5) ◽  
pp. 3-8
Author(s):  
T. Danilova
Keyword(s):  
Professional Development ◽  
Professional Education ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Structural Components ◽  
Gas Industry ◽  
Professional Development Of Teachers ◽  
Relationship Of ◽  
The Relationship

The article considers a teacher as a subject of monitoring the professional readiness of future workers in the oil and gas industry, who has pedagogical subjectivity in its implementation. This quality of personality is characterized in the context of the teacher's monitoring competence. The structure of pedagogical subjectivity is determined by the features of professional readiness of workers in the oil and gas industry and its monitoring. It involves the relationship of theoretical, technological, and personal components. The article presents the results of a ascertaining experiment that established insufficient formation of structural components of pedagogical subjectivity in monitoring. The expediency of correcting the identified problem aspects and related professional development of teachers to monitor the professional readiness of future workers in the oil and gas industry is justified. It is assumed that the problem of their formation is characterized by industry specifics and is implemented by means of additional professional education.

scholarly journals The Moderating Effect of OPEC and Non-OPEC on the Relationship Between Oil Price Volatility and Accrual Earnings Management in the Oil and Gas Industry

2020 ◽  
Vol 6 (1) ◽  
pp. 283-300
Author(s):  
Viveksarati Sandrasigaran ◽  
Jalila Binti Johari ◽  
Soh Wei Ni ◽  
Bany-Ariffin A.N
Keyword(s):  
Earnings Management ◽  
Oil And Gas ◽  
Price Volatility ◽  
Oil And Gas Industry ◽  
Oil Price ◽  
Empirical Examination ◽  
Gas Industry ◽  
Oil Price Volatility ◽  
Production Ratio ◽  
The Relationship

This study is an empirical examination on the relationship between oil price volatility and earnings management in the oil and gas industry, moderated by price-setting abilities of OPEC (Organization of Petroleum Exporting Nations) and price taking abilities of Non-OPEC countries. This study tests discretionary, income-decreasing, current and non-current accruals as a proxy of earnings management. A total sample of 209 firm-year observations from 2008 to 2018 of listed oil and gas firm is collected from the Thomson Datastream database. To incorporate the moderation effect, the samples were divided into two sub-groups, OPEC and Non-OPEC using reserve to production ratio.  Firm attributes are included in the analysis as the constant variable such as leverage, current ratio, EBITDA and Growth. The initial results show that, overall, the interaction effect between OPEC/Non-OPEC and oil price volatility is positive and significant to discretionary and income-decreasing accruals. Data samples are limited while comparing OPEC and Non-OPEC countries as not every oil and gas company in OPEC are listed companies and their information is heavily protected. This study contributes to extant earnings management literature regarding political cost, which remains a significant concern to oil and gas companies worldwide.

BUYING AND SELLING PETROLEUM INTERESTS—IMPACT OF TAX CONSOLIDATION AND OTHER TAX REFORM MEASURES

2005 ◽  
Vol 45 (1) ◽  
pp. 643
Author(s):  
R. Henderson ◽  
C. Franchina ◽  
H. Wiseman
Keyword(s):  
Tax Reform ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Decision Makers ◽  
Clear Understanding ◽  
Senior Executives ◽  
Gas Industry ◽  
Exploration And Production ◽  
Tax Changes ◽  
The Impact

The new tax consolidation system, together with a number of other recent tax reform measures, has lead to a paradigm shift in the way in which the acquisition and sale of petroleum interests are treated for taxation purposes in Australia. In an industry where ownership interests in exploration and production fields regularly change hands, it is important that senior executives and decision-makers have a clear understanding of the impact of the new tax rules.This paper focusses on the commercial impact of these tax changes and is aimed at executives in the oil and gas industry with commercial, technical, legal or financial responsibilities.Board members will also have an interest to ensure that the risks arising out of the new rules are adequately addressed, and that shareholder value is being preserved.

De relatie tussen expertisediversiteit en teaminnovativiteit: de modererende werking van taakafhankelijkheid en taakflexibiliteit

2008 ◽  
Vol 21 (2) ◽  
Author(s):  
Gerben van der Vegt
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Moderating Effect ◽  
Task Interdependence ◽  
Archival Data ◽  
Gas Industry ◽  
Joint Effects ◽  
Team Innovation ◽  
The Relationship ◽  
And Task

The relationship between expertise diversity and team innovation: the moderating effect of task interdependence and task flexibility The relationship between expertise diversity and team innovation: the moderating effect of task interdependence and task flexibility G.S. van der Vegt, Gedrag & Organisatie, volume 21, June 2008, nr. 2, pp. 170-183 In this article we examine the joint effects of expertise diversity, task interdependence, and task flexibility on team innovation. We argue that expertise diversity will be unrelated to team innovation when task interdependence is low. When task interdependence is high, the direction of the relationship – positive or negative – is argued to depend on the degree of task flexibility. We tested this expectation using survey and archival data from 57 teams working in the oil and gas industry. Results strongly support the expectations.

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