scholarly journals Mitigating the Environmental Effects of Oil and Gas Exploitation: Issues of Compliance, Cost of Production, and Community Awareness

2020 ◽  
Vol 08 (09) ◽  
pp. 51-64
Author(s):  
Jones Lewis Arthur
1989 ◽  
Vol 29 (1) ◽  
pp. 84
Author(s):  
R.P. Warren

A proposal to undertake exploration in the coastal waters adjacent to Sydney/Newcastle/Wollongong has brought strong protests on environmental grounds. This opposition is committed and the basis for it should be considered in the wider context of offshore exploration around Australia. Of the various activities involved in oil and gas exploration the potential impacts of marine seismic surveys and the likelihood of a blowout- related oil spill are those of greatest concern to the media and public.A review of the available literature shows the environmental effects of seismic surveys to be of little consequence provided non- explosive energy sources are used. The effects of an oil spill are heavily dependent on site conditions and the type of oil spilled.The literature shows that direct exposure to spilled oil is fatal to many marine species. However, the potential lethal effects are largely dependent on direct exposure and this declines with the weathering and degradation of the spill. Moreover, the risks of an oil spill occurring as a result of current transportation and handling of oil in coastal waters and points around Australia are much greater than would be presented by drilling an exploratory well.In considering the role of exploration as an assessment procedure rather than a land use it is possible to draw parallels between the conservation status of Australian coastal waters today and the onshore situation some 20 years ago. The offshore oil and gas exploration industry needs to take several measures if it is to avoid denial of access for exploration. These include clearly identifying the environmental effects of exploration as opposed to production, adopting industry- wide codes for environmental practice, and recording and disseminating the industry's environmental performance.


Author(s):  
Arina E. Link ◽  
◽  
Mikhail V. Mishenin ◽  

The study compares domestic and foreign companies in the oil and gas sector for the first time and identifies the distinctive features of each group. The results of calculations showed that the profit of any large oil and gas company is affected by revenue, cost of production and the amount of tax deductions. Moreover, the refinancing rate of the country where the company is registered is important for the activities of oil and gas companies.


2011 ◽  
Vol 92 (1) ◽  
pp. 195-204 ◽  
Author(s):  
Lawrence C. Nasen ◽  
Bram F. Noble ◽  
Jill F. Johnstone

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