scholarly journals The Alberta Land Stewardship Act and its Impact on Alberta's Oil and Gas Industry

2010 ◽  
Vol 48 (2) ◽  
pp. 295 ◽  
Author(s):  
Alan Harvie ◽  
And Trent Mercier
Keyword(s):  
Land Use ◽  
Oil Sands ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Land Use Decisions ◽  
Land Stewardship ◽  
The Government ◽  
The Impact ◽  
Oil Gas

This article discusses the impact of the Alberta Land Stewardship Act – enacted by the Government of Alberta with the goal of developing an overarching land use policy to manage all lands and natural resources in the province – on Albertans generally, as well as the oil, gas, and oil sands industries. Although the implementation of the Act is in its early stages, the article nonetheless argues that the Act, and the authority that it grants, will significantly alter the way that land use decisions are made in Alberta and, of specific interest to those in the oil, gas, and oil sands industries, the manner in which proposed projects are reviewed and approved.

scholarly journals The Oil & (and) Gas Industry and Land Use Issues in British Columbia

1994 ◽  
pp. 203
Author(s):  
John L. Fingarson ◽  
Robert R. Shouldice
Keyword(s):  
Land Use ◽  
British Columbia ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Provincial Government ◽  
Energy Industry ◽  
Gas Industry ◽  
Policy Initiatives ◽  
The Government ◽  
The Impact

This article provides an overview of the impact of environmental, land use and project review procedures on the regulation of the oil and gas industry in British Columbia. This article discusses the uncertainty that has been created in the industry from the implementation of provincial government land use, project review and environmental policy initiatives. The authors are of the view that the energy industry must actively participate in the processes introduced by the government if it wishes to ensure that its future in British Columbia is properly looked after. The article chronicles developments up to mid-July 1993.

The Impact of News on the MICEX Oil & Gas Index: Textual Analysis

2018 ◽  
Vol 2018 (4) ◽  
pp. 79-99
Author(s):  
Elena Fedorova ◽  
Oleg Rogov ◽  
Valery Klyuchnikov
Keyword(s):  
Oil And Gas ◽  
Pearson Correlation ◽  
Oil And Gas Industry ◽  
Stock Index ◽  
Gas Industry ◽  
Negative News ◽  
The Russian Federation ◽  
Oil And Gas Companies ◽  
The Impact ◽  
Oil Gas

In this study, a relationship between the mood of news and the response of the oil and gas industry index of the Russian Federation was revealed. The empirical base of the study included 8.5 million news from foreign sources. Research methodology: fuzzy sets, naive Bayesian classifier, Pearson correlation coefficient. As a result of the research, it was discovered that: 1) negative news affects the stronger than the positive on the stock index; 2) news on companies affect the value of the index, and news on the industry affect the volume of trading; 3) the sanctions did not significantly affect the coverage of Russian oil and gas companies.

scholarly journals Corrosion Control, Prevention and Mitigation in Oil & Gas Industry

2019 ◽  
Vol 9 (2) ◽  
pp. 1568-1572
Keyword(s):  
Oil And Gas ◽  
Continuous Production ◽  
Oil And Gas Industry ◽  
Co2 Corrosion ◽  
Gas Industry ◽  
Well Control ◽  
Material Choice ◽  
Definition Of ◽  
The Impact ◽  
Oil Gas

The impact of corrosion within the refining industry ends up in the failure of components. This failure leads to closing down the plant to scrub the corroded components. Additionally, corrosion normally causes serious environmental issues, namely spills and releases. A vital resource for all those that are concerned within the corrosion management of oil and gas infrastructure, corrosion management within the oil and gas industry provides engineers and designers with the tools and strategies to plan and implement comprehensive corrosion-management programs for oil and gas infrastructures. Control of corrosion is important for continuous production and evading the well control losses. Materials to be used in down hole have to meet certain characteristics to avoid corrosion and provide additional mechanical strenght. It is potential to determine a logical series of steps for material choice, incorporating analysis of the surroundings, corrosion rate calculations, and final material choice based on established limits. Several developments have taken place in refinement the calculation of CO2 corrosion rates. Moreover, the definition of bitter examination has been reviewed and a way wider evaluation of the relevance of varied established and new materials for various service conditions has been created.

scholarly journals Storage, Handling and Safety Procedure for Fuel in Oil & Gas Industry

2019 ◽  
Vol 9 (1) ◽  
pp. 1031-1032
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Vital Role ◽  
Gas Industry ◽  
Article Deal ◽  
Safety Precaution ◽  
The Government ◽  
Oil Gas ◽  
And Storage ◽  
Safety Procedures

After Finding the oil & gas occurrences in the subsurface using various methods and tools that were available in Upstream Oil and Gas Industry. Further reaching the reservoir and taking out the Oil & Gas from those to the surface the fuel have to transport and store to get purify for supply to the required user. Here the Midstream peoples plays a vital role in it. The drilled Oil and Gas have to transport from the occurrence to the destination Refinery so it have to be planned well and many safety procedure have to be done to avoid any problem in those transportation and after transporting to the destination it must be maintained in perfect temperature condition and perfect storage tanks either above the ground or the underground .Again there are some safety procedures to be followed which were approved by the Government safety norms. This article deal about the process and procedures in transporting and storage of fuels from upstream to midstream to downstream .Also about the safety precaution and procedure to be followed to have a safe storage and handling.

Business environment review 2020

2021 ◽  
Vol 61 (2) ◽  
pp. 347
Author(s):  
Simon Molyneux
Keyword(s):  
Carbon Emissions ◽  
Oil And Gas ◽  
Supply And Demand ◽  
Petroleum Industry ◽  
Commodity Prices ◽  
Oil And Gas Industry ◽  
Business Environment ◽  
Gas Industry ◽  
The Impact ◽  
Oil Gas

The petroleum (oil, gas and LNG) business environment in 2020 was adverse. Two factors disrupted the foundations of the global oil and gas industry. First, the COVID-19 global pandemic caused an unprecedented reduction of demand that combined with high levels of production resulted in oversupply of oil, gas and LNG. This gap between supply and demand resulted in a collapse in commodity prices, reduced revenues and cancelling or deferral of investment. Second, societal awareness of the impact of climate change on planet Earth increased. Pressure to reduce carbon emissions and a concomitant societal-shift against carbon-emissions intensive petroleum-based forms of energy generation intensified. Many major players in the petroleum industry re-framed their strategies to focus on energy supply in general and in some cases plan to cease their exploration, development and production activities in the coming decades. In Australia, in part global factors manifested in the deferral of investment decisions on three LNG investments. The Australian Government signalled that gas developments would be a critical part of Australia’s post-COVID recovery and that management of abandonment and decommissioning liabilities would be a factor in the approval of transactions leading to a change in ownership. This paper will describe each of the factors faced by the industry in 2020 and frame the issues facing the petroleum industry in 2021 and beyond.

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.

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

Study the effect of casting temperature on details from thermo-plastic materials

2020 ◽  
pp. 42-45
Author(s):  
J.A. Kerimov ◽  
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Mold Temperature ◽  
Quality Parameters ◽  
Oil Field ◽  
Casting Temperature ◽  
Gas Industry ◽  
Field Equipment ◽  
Wide Range ◽  
The Impact

The implementation of plastic details in various constructions enables to reduce the prime cost and labor intensity of machine and device manufacturing, decrease the weight of design and improve their quality and reliability at the same time. The studies were carried out with the aim of labor productivity increase and substitution of colored and black metals with plastic masses. For this purpose, the details with certain characteristics were selected for further implementation of developed technological process in oil-gas industry. The paper investigates the impact of cylinder and compression mold temperature on the quality parameters (shrinkage and hardness) of plastic details in oil-field equipment. The accessible boundaries of quality indicators of the details operated in the equipment of exploration, drilling and exploitation of oil and gas industry are studied in a wide range of mode parameters. The mathematic dependences between quality parameters (shrinkage and hardness) of the details on casting temperature are specified.

On Approaches to Taking into Account the Risks of Changing Climatic Conditions when Planning and Implementing Oil and Gas Projects

2021 ◽  
Vol 18 (1) ◽  
pp. 52-65
Author(s):  
P. N. Mikheev
Keyword(s):  
Climate Change ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Climatic Conditions ◽  
Qualitative Assessment ◽  
Physical Factors ◽  
Gas Industry ◽  
Climate Risks ◽  
The Impact

The article discusses issues related to the impact of climate change on the objects of the oil and gas industry. The main trends in climate change on a global and regional (on the territory of Russian Federation) scale are outlined. Possible approaches to the identification and assessment of climate risks are discussed. The role of climatic risks as physical factors at various stages of development and implementation of oil and gas projects is shown. Based on the example of oil and gas facilities in the Tomsk region, a qualitative assessment of the level of potential risk from a weather and climatic perspective is given. Approaches to creating a risk management and adaptation system to climate change are presented.

scholarly journals How Oil Contracts Affect Human Rights

2018 ◽  
Vol 3 (4) ◽  
pp. 30
Author(s):  
Maria João Mimoso ◽  
Clara da Conceição de Sousa Alves ◽  
Diogo Filipe Dias Gonçalves
Keyword(s):  
Human Rights ◽  
Oil And Gas ◽  
Social Issues ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Oil Companies ◽  
The Social ◽  
Oil Contracts ◽  
The 19Th Century ◽  
The Impact

Since the beginning of the 19th century, we have assisted major proliferation of the oil and gas industry. This phenomenon of exponential growth is due to the fact that oil companies hold the world’s oil monopoly on the extraction, processing and commercialization. Therefore, as being one of the most influential sectors in the world, is crucial to strictly regulate how oil and gas contracts concerns the potential environmental and social impacts arising from the conduct of petroleum operations and how such behavior affects the human rights. As a matter of fact, the social issues field is an emerging area, and despite such importance, oil contracts do not often deal with them in great detail, corresponding to an actual emptiness of the human rights provisions. In terms of responsibly, oil companies, have an inalienable obligation to ensure that their actions do not violate human rights or contribute for their violation. This study aims to trace a detailed analysis of the impact of the oil and gas agreements in human rights. In order to fully comprehend the deep effects of this industry, we will examine, in detail, numerous of published oil and gas agreements, as well as, decode which are the real standards and practices accepted by this industry. We will use a deductive and speculative reasoning. We will try to demonstrate how incipient and short protection is given to human rights and what responsible conducts must urgently be developed.

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