scholarly journals Capital requirements for energy sector: capital market access. The shift to successful efforts accounting: preliminary review of probable effects on oil and gas industry participants

1978 ◽  
Author(s):  
V. Bennett
Keyword(s):  
Capital Market ◽  
Oil And Gas ◽  
Market Access ◽  
Oil And Gas Industry ◽  
Energy Sector ◽  
Capital Requirements ◽  
Preliminary Review ◽  
Gas Industry

Sustainable Path for the Oil and Gas Industry

2021 ◽  
Author(s):  
Madina Intykbayeva
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Energy Sector ◽  
Leadership Positions ◽  
Gas Industry ◽  
Parallel Development ◽  
Cultural Innovation

This paper focuses in the discussion of three main transformations the Oil and Gas Industry will need to continue developing post-pandemic scenarios. Sustainability, Digitalization, Cultural Innovation and Branding need to continue its parallel development for the industry to keep the leadership positions in the energy sector. The goal of this paper to show the interdependence between these three transformations and how EPCI companies need to continue adapting them to succeed.

Female Vocational Training

2021 ◽  
Author(s):  
Khalid Al-Abdulwahed ◽  
Nouf Al-Ashwan
Keyword(s):  
Vocational Training ◽  
Oil And Gas ◽  
Training Programs ◽  
Oil And Gas Industry ◽  
Energy Sector ◽  
Gas Industry ◽  
Functional Roles ◽  
Saudi Women ◽  
Female Candidates ◽  
Vision 2030

Abstract The development of any country lies in all members of society in a country, the old generation to the younger and new ones. After launching the vision of 2030 pillars, the circle of women barriers becomes wider and unlimited in the field of employment. In order to merge women in the oil and gas industry, the first milestone must be considered is creating opportunities in the labour market alongside educating and training them to acquire great learning and hone skills that qualify the women to be in the industrial workforce. It will widely contribute to the socio-economic change in a country. The female has individual skills and capabilities that the companies’ needs to achieve its business objectives. The institutes which are fundamentally structured; can open another facility which is targeted the female vocational and technical training based on the same assets (strategies & policies). Another way to do so is through collaboration with international vocational institutions, local female universities and colleges. These days there is no doubt that the oil and gas companies are critically needed for the local talents and diversity of its range. As an example, SPSP has planned to inaugurate a new female vocational & technical center, in the meantime will offer a major source of job opportunities for well trained and qualified young Saudi women that how we encourage and retain more Saudi female to the petroleum energy sector. The training programs will include Health & Safety, and Electrical Diploma. There is a lack of trained and qualified Saudi female technical workforce at the industry sector. To solve this problem, the education and the labour sectors must work simultaneously to empower the female in this field. Many companies need to retool the female candidates from functional roles such as HR or Finance to target them into practice hands-on roles. To sum up, as Vision 2030 of rewarding opportunities to the women stated, ‘’ we are directing significant investment toward unlocking their talents and supporting their contribution to the Kingdom’s economic growth.’’ Business leaders should call for an action to increase female’s opportunity at the energy sector side by side the government’s efforts in the female vocational training programs.

scholarly journals Breaking the Cycle: Changing Alberta in the Present to Save the Future

2015 ◽  
Vol 5 (1) ◽  
pp. 23-33
Author(s):  
A. Rachelle Foss
Keyword(s):  
Renewable Resources ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Energy Sector ◽  
Political Leaders ◽  
Gas Industry ◽  
Limited Support ◽  
The Right ◽  
Energy Companies ◽  
Economic Future

Alberta’s resource power lies within the energy sector; in particular, the oil and gas industry. However, this same energy sector is contributing heavily to the destruction of the landscape and is contaminating the environment. This destructive pattern may seem unrelated to the province’s economy, but a closer look shows that they are, in fact, closely connected. This is largely due to a failure by both the industry and political leaders to have a vision for the economic future. Although oil and gas royalties, paid to the province for the right to use crown land for capital gain, provide considerable financing to support Alberta’s infrastructure, redirecting a large portion of those royalties back into the energy sector has contributed to the provincial budget surplus plummeting into a budget deficit. Couple this with a consistent failure to impose environmental accountability on heavily polluting energy companies and limited support for sustainable energy practices and innovations. Continuing on this path is a short sighted plan that puts both the Alberta and Canadian economies at risk as they fail to diversify and move forward with the rest of the world as it makes changes toward reducing emissions and increasingly supports ecological practices. Instead, Alberta must shift their focus away from the tradition of investing in the oil industry and, as many other regions worldwide have done, invest in renewable resources, sustainable practices, and increase support for local energy innovations to ensure the province’s energy sector, environment, and economy move towards a strong future.

Effects of industrial disturbance on abundance and activity of small mammals

2019 ◽  
Vol 97 (11) ◽  
pp. 1013-1020
Author(s):  
J. Shonfield ◽  
E.M. Bayne
Keyword(s):  
Small Mammals ◽  
Oil And Gas ◽  
Terrestrial Ecosystems ◽  
Oil And Gas Industry ◽  
Energy Sector ◽  
Deer Mice ◽  
Gas Industry ◽  
Sensory Stimuli ◽  
Animal Populations ◽  
Forested Areas

Anthropogenic disturbance can negatively impact animal populations and alter the behaviour of individuals. Disturbance associated with the energy sector has been increasing in the boreal forest of northern Alberta. Disturbances associated with the oil and gas industry vary in the infrastructure present and sensory stimuli generated. Two common types are compressor stations and roads. It is important to assess population consequences of disturbance on small mammals because they serve as prey, predators, and seed–spore dispersers in the terrestrial ecosystems that they inhabit. To test the effects of disturbance from the energy sector on the abundance and activity of small mammals, we used mark–recapture methods and live-trapped in forested areas with one side adjacent to a clearing with industrial infrastructure present (road or compressor station) or absent (control sites). We found no difference in abundance or activity of deer mice (Peromyscus maniculatus (Wagner, 1845)) and southern red-backed voles (Myodes gapperi (Vigors, 1830)) between sites and did not detect an edge effect on abundance within sites, regardless of the presence of industrial infrastructure. Our results suggest minimal effects of industrial disturbance on the abundance and activity of these species, and the infrastructure and sensory stimuli generated are unlikely to be key drivers of their population dynamics or behaviour.

Pandemic will blunt impact of China’s energy reforms

2020 ◽  
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Energy Sector ◽  
Carbon Markets ◽  
Gas Industry ◽  
Content Type ◽  
Blunt Impact ◽  
The Government ◽  
Energy Law

Subject Reform of China's energy sector. Significance The government has recently taken steps to reform China’s energy sector, diversify the number of actors and increase the role of market forces. However, the state retains a dominant position in the sector. Impacts It could still be many years before the draft Energy Law of 2020 is formally adopted into law. Measures to open up the oil and gas industry are likely to have little effect, especially at a time of low oil and gas prices. New electricity and carbon markets will not achieve their potential in terms of economic efficiency and emissions reduction for many years.

Retrospective analysis of energy sanctions against Russia and their impact on operations of pipe-rolling plants

2020 ◽  
Vol 16 (3) ◽  
pp. 536-546
Author(s):  
T.D. Malyutina
Keyword(s):  
Retrospective Analysis ◽  
Oil And Gas ◽  
Large Diameter ◽  
Oil And Gas Industry ◽  
Energy Sector ◽  
High Tech ◽  
Gas Industry ◽  
Pipe Rolling ◽  
Economic Relations ◽  
The Usa

Subject. The article focuses on sanctions against Russia’s energy sector. Objectives. The article represents my own comprehensive study into sanctions against Russia’s energy sector and their impact on operations of pipe-rolling plants. The study spotlights the most significant milestones of the oil and gas industry, analyzes the sectoral impact on the development of pipe-rolling plants and pressure of the war against pipelines on the Russian manufacturers. Methods. The study employs methods of comparison, research, monographs and logic. Results. What distinguishes the Russian pipe-rolling plants is their importance for operations of oil and gas producing sectors. Based on the retrospective analysis of energy sanctions against Russia, I conclude that tensions in economic relations of European countries, and the USA and Russia last too long. Energy sanctions definitely influence operations of pipe-rolling plants. Export barriers obstructed the influx of investment into the respective sector and affected the financial performance of enterprises. However, a drop in exports of pipe-rolling plants’ products fuels their domestic distribution plans, thus contributing to the positive economic situation nationwide. Conclusions and Relevance. Economic sanctions will influence the development of the Russian oil and gas companies in the distant future, since the Russian enterprises manufacture high-tech products insufficiently, while supplies from China are not yet reliable. Sanctions against Russia trigger the development of the Russian enterprises manufacturing high-tech products and large diameter pipes for the oil and gas industry.

scholarly journals Ensuring safe growth of the geothermal energy sector in the Netherlands by proactively addressing risks and hazards

2020 ◽  
Vol 99 ◽  
Author(s):  
Graciela Jharap ◽  
Laura P. van Leeuwen ◽  
Robert Mout ◽  
Wouter E. van der Zee ◽  
Femke M. Roos ◽  
...  
Keyword(s):  
The Netherlands ◽  
Continuous Improvement ◽  
Geothermal Energy ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Energy Sector ◽  
Gas Industry ◽  
State Supervision ◽  
Exploration And Production ◽  
The Way

Abstract The main objective of this paper is to give an overview of the risks seen in the exploration and production of geothermal energy from the viewpoint of the regulator. The risks are categorised as conventional risks, ultra-deep risks and enhancing factors. These risks are similar to those seen in the oil and gas industry, but the maturity of the geothermal sector in terms of managing such risks is much lower. Another objective of this paper is to discuss how these risks are managed and mitigated by the sector and the supervisor, State Supervision of Mines (SodM). Portfolio operators developing multiple projects, using skilled employees and embracing continuous improvement are seen as the way forward for the sector to grow safely and sustainably. This paper concludes that positive developments have started, but a lot of work still needs to be done to ensure safe growth of the geothermal energy sector.

scholarly journals Protecting Your Intellectual Capital in the Canadian Oil and Gas Industry

2012 ◽  
Vol 50 (2) ◽  
pp. 271
Author(s):  
Frank Tosto ◽  
Evan Nuttall
Keyword(s):  
Intellectual Property ◽  
Intellectual Capital ◽  
Oil Sands ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Energy Sector ◽  
Trade Secrets ◽  
Gas Industry ◽  
Canadian Law ◽  
Contractual Relationships

Technological advancements are a key economic driver in the energy sector, particularly in the Alberta oil sands. Underlying the commercialization and use of such advancements are patents, trade secrets, and other intellectual property assets that can provide a competitive advantage in the energy sector. Appropriate planning and processes help maximize the advantage and minimize the risks associated with developing, protecting, licencing, enforcing, and otherwise leveraging intellectual property in the energy sector. This article includes a brief description of patents and trade secrets under Canadian intellectual property law. The article also includes a review of issues related to protecting patents and trade secrets, both in terms of developing the assets themselves and in terms of ensuring clarity of ownership with respect to employment and other contractual relationships between inventors and owners, as well as assignees, particularly within the context of joint ventures. Finally, the article provides a review of current Canadian law relevant to the enforcement of patents, with a focus on issues likely to arise in the litigation of patents for technology and trade secrets used in the oil and gas industry.

scholarly journals An Autoethnographic Report on Freelance Employment in the Malaysian Oil and Gas Industry During Uncertain Economic Conditions

2019 ◽  
Author(s):  
Fathullah Khalid ◽  
Wai Chan ◽  
Azlina Abdul Jalil
Keyword(s):  
Job Satisfaction ◽  
Labour Market ◽  
Oil And Gas ◽  
Market Access ◽  
Oil And Gas Industry ◽  
Job Security ◽  
Research Approach ◽  
Job Seekers ◽  
Gas Industry ◽  
The Impact

In this paper we present our study of the role of freelancers in the modern labour market, especially during times of economic downturns. Using an autoethnographic research approach, it presents the personal journey of Fathullah working as a consultant in the oil and gas industry in Malaysia. The study focuses on the impact of the 2014 oil price crash and his subsequent plight in taking his career forward during times of uncertainty. Based on the autoethnographic account, it explores various aspects of life as a freelancer such as the issues of job security and job satisfaction. Fathullah found that he enjoyed a different form of job security compared to the time when he was in regular employment, for he has direct market access and wider reach to organizations that require his skills. It follows that he also experienced better job satisfaction as a freelancer. This paper provides insights to aspiring job seekers, businesses in need of human capital and policy-makers aiming to modernize the labour market.

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