Environment Protection In Oil And Gas Industry: A Gateway To Sustainable Development

2000 ◽  
Author(s):  
Maurice Drapier ◽  
Catherine Sutton ◽  
Anne Morillon
2002 ◽  
Vol 42 (1) ◽  
pp. 669 ◽  
Author(s):  
K. Heiden

This paper provides a brief overview of the Environment Protection and Biodiversity Conservation Act 1999 (the Act) and discusses the operational performance of the Act in the first 18 months.The introduction of the Act on 16 July 2000 has created a new environmental assessment and approval regime at the Commonwealth level. Proposals are no longer referred for assessment on the basis of government decisions, but on the basis of the potential for a proposal to impact upon a matter of National Environmental Significance (NES). An analysis of projects that have been referred, assessed and approved provides a useful guide to the types of activities, and the circumstances under which proposals are captured by the Act. This exercise is particularly valuable for the oil and gas sector.With a significant proportion of referrals received being generated by the petroleum industry, many issues with the administration of the Act have been identified. Environment Australia has undertaken a number of initiatives to address these concerns. Examples include involvement in the Strategic Assessment being conducted by the Department of Industry Tourism and Resources (DITR), a review of the Referral form and an undertaking to provide a more industry-specific form, and regular, high level meetings between Environment Australia, the DITR and APPEA to facilitate and streamline the working arrangements between parties.The paper also identifies areas where industry can work closely with the Commonwealth Government in new ways to achieve a balance between environmental protection and the continued development of the oil and gas industry.


Auditor ◽  
2021 ◽  
pp. 46-53
Author(s):  
Thi Lok Doan

The article presents the author’s approach to the formation of corporate reporting of public companies using the example of the oil and gas industry. The key risks of sustainable development are disclosed that correspond to the interests of various significant groups of the company’s stakeholders. The approbation results of a typical corporate reporting model for oil and gas companies in the Petrolimex report (Vietnam) are presented.


2015 ◽  
Vol 5 (4) ◽  
pp. 115
Author(s):  
Mohamad Danish Anis ◽  
Tauseef Zia Siddiqui

<p>This research paper explores the concept of sustainability and the role played by O&amp;G industry in achieving sustainable development. The authors bring a rational approach in defining the key issues for the O&amp;G sector that affect sustainability as well as try to devise the inherent risks as well as mitigation approaches adopted by these companies. Sustainability is a topic gaining fast repute today. As new conventional oil and gas sources decline, unconventional sources, including shale gas in the US, oil sands in Canada, coal seam gas in Australia, and deep-water offshore wells in Brazil, West Africa and Asia have been identified as key areas with significant reserves potential. Despite the growth potential, sustainability risks such as climate change, safety risks, and community disagreements exert pressure on the economic feasibility of these opportunities.</p><p>The three components of sustainable development: economic, environmental and social, often referred to as the ‘Triple Bottom Line’ or TBL, can be used in evaluating a company’s performance in financial, environmental and social dimensions. These three dimensions of sustainable development, as explained by John Elkington and adopted by Shell’s first sustainability report in 1997, are also commonly referred to as the 3Ps: People, Planet and Profit.</p><p>The paper also focuses on analyzing the various threats that could obstruct sustainable development being carried out by companies in the oil and gas industry. The importance of sustainable economic growth with regards to the oil and gas industry has also been highlighted. The 3Ps explained above can be used to categorize the key issues/risks that impact sustainability. The researchers concluded that the sustainability programs followed by oil and gas industry are not satisfactory; however there is strong evidence of improvement in near future. Towards the end, the researchers have tried to list the Strategies and Methodologies for enhancing the effectiveness of sustainability strategies and programs for the sector.</p>


2003 ◽  
Vol 43 (1) ◽  
pp. 779
Author(s):  
K. Heiden

This paper provides a brief overview of the Environment Protection and Biodiversity Conservation Act 1999 (the Act) with respect to the upstream petroleum industry and focusses on the aspects of assessments and approvals under the Act.The inception of the Act on 16 July 2000 has created a new environmental assessment and approval regime at the Commonwealth level. No longer are proposals referred for assessment on the basis of government decisions, but on the basis of the potential for a proposal to impact upon a matter of National Environmental Significance (NES). Examining the statistics of referrals made, controlled actions determined and approvals granted, provides a useful guide as to the types of activities that are captured by the Act. This exercise is particularly valuable for the oil and gas sector.With more than 20 of the referrals received from the petroleum sector being determined to be controlled actions (that is, actions that are likely to have a significant impact upon matters of NES), a review of the assessment and approval processes under the Act provides some useful insights into what factors to consider when seeking approval under the Act. In particular, information on the timeframes involved, extent of information required, form and scope of approval conditions and synergies with other approval requirements provide valuable insights to proponents and can assist in planning future activities in a manner that is consistent with both the requirements of the Act and those of the proposed action.This paper identifies key issues and lessons for proponents when seeking approval under the Act and also identifies areas where industry can work closely with the Commonwealth Government in ways to achieve a balance between environmental protection and the continued development of the oil and gas industry.


2020 ◽  
Vol 6 (4) ◽  
pp. 278-286
Author(s):  
A. S. Fomenko

This work is devoted to the study of a new way of development of the oil and gas industry, which is due to the influence of many factors of our time. Factors such as limited resources, an increase in the anthropogenic and technological load on the environment, and the risks associated with the complexity of the oil refining process itself, require a fundamentally different solution, which is fully provided by noonomics. It is shown that sustainable development based on the principles of noonomics reduces the role and significance of material factors in the production process of vertically integrated oil companies and the oil and gas industry as a whole, highlighting scientificand technological progress in oil and gas production and their processing.


Sign in / Sign up

Export Citation Format

Share Document