scholarly journals Commercial production of oil from oil shale and possible changes in the world oil market configuration

Author(s):  
T. V. Polyakova

The world oil market is changing rapidly, there rises a new global center of world oil production – North America, which production opportunities are estimated by experts as outperforming those of Middle East. This is made possible thanks to inception of commercial oil production from oil shale in North America. The article deals with the problems and prospects of the development of shale oil in the U.S. and the impact of the growth of its production on the configuration of the world oil market.

Author(s):  
T. A. Malova ◽  
V. I. Sisoeva

The article provides an analysis of change of the world oil market in the face of new "oil" reality. Factors of formation of new "oil" reality in the global world defined. Scientific background and current state of research of the problem are described. It is shownthat in the Russian and foreign literature the considerable attention is paid to the analysis of dynamics of the quantitative variables characterizing fluctuations and shocks in the oil market. At the same time the search for balance in the new "oil" reality are not considerably investigated yet. The proposed approach allows toreveal the substance of the transformation of the world oil market, to assess the changes in the oil market with the development of rhenium in terms of efficiency and functioning of the mechanism, the prospects of price volatility in the oil market. The main directions of transformation of the oil market are follows. Development of a subject basis of the oil market due to changes of a role of the main market players whose structure includes the USA, Saudi Arabia, Russia now. The impact of regulatory factors complex in the oil market towards equilibrium, which include activity of OPEC, supply of shale oil, future market,activity of the uniform regulator and national regulators. Transformation of the oil market in the direction of perfection of the competitive relations, achievement of optimum market balance as a result of coordination and interaction of interests of participants of the global oil market.


2008 ◽  
Vol 8 (5) ◽  
pp. 18323-18384 ◽  
Author(s):  
S. B. Dalsøren ◽  
M. S. Eide ◽  
Ø. Endresen ◽  
A. Mjelde ◽  
G. Gravir ◽  
...  

Abstract. A reliable and up-to-date ship emission inventory is essential for atmospheric scientists quantifying the impact of shipping and for policy makers implementing regulations and incentives for emission reduction. The emission modelling in this study takes into account ship type and size dependent input data for 15 ship types and 7 size categories. Global port arrival and departure data for more than 32 000 merchant ships are used to establish operational profiles for the ship segments. The modelled total fuel consumption amounts to 217 Mt in 2004 of which 11 Mt is consumed in in-port operations. This is in agreement with international sales statistics. The modelled fuel consumption is applied to develop global emission inventories for CO2, NO2, SO2, CO, CH4, VOC (Volatile Organic Compounds), N2O, BC (Black Carbon) and OC (Organic Carbon). The global emissions from ships at sea and in ports are distributed geographically, applying extended geographical data sets covering about 2 million global ship observations and global port data for 32 000 ships. In addition to inventories for the world fleet, inventories are produced separately for the three dominating ship types, using ship type specific emission modelling and traffic distributions. A global Chemical Transport Model (CTM) was used to calculate the environmental impacts of the emissions. We find that ship emissions is a dominant contributor over much of the world oceans to surface concentrations of NO2 and SO2. The contribution is also large over some coastal zones. For surface ozone the contribution is high over the oceans but clearly also of importance over western North America (contribution 15–25%) and western Europe (5–15%). The contribution to tropospheric column ozone is up to 5–6%. The overall impact of ship emissions on global methane lifetime is large due to the high NOx emissions. With regard to acidification we find that ships contribute 11% to nitrate wet deposition and 4.5% to sulphur wet deposition globally. In certain coastal regions the contributions may be in the range 15–50%. In general we find that ship emissions have a large impact on acidic deposition and surface ozone in western North America, Scandinavia, western Europe, western North Africa and Malaysia/Indonesia. For most of these regions container traffic, the largest emitter by ship type, has the largest impact. This is the case especially for the Pacific and the related container trade routes between Asia and North America. However, the contributions from bulk ships and tank vessels are also significant in the above mentioned impact regions. Though the total ship impact at low latitudes is lower, the tank vessels have a quite large contribution at low latitudes and near the Gulf of Mexico and Middle East. The bulk ships are characterized by large impact in Oceania compared to other ship types. In Scandinavia and north-western Europe, one of the major ship impact regions, the three largest ship types have rather small relative contributions. The impact in this region is probably dominated by smaller ships operating closer to the coast. For emissions in ports impacts on NO2 and SO2 seem to be of significance. For most ports the contribution to the two components is in the range 0.5–5%, for a few ports it exceeds 10%. The approach presented provides an improvement in characterizing fleet operational patterns, and thereby ship emissions and impacts. Furthermore, the study shows where emission reductions can be applied to most effectively minimize the impacts by different ship types.


2017 ◽  
pp. 4-8
Author(s):  
Zarina Stepanovna Akhlatyan ◽  
◽  
Natalia Vladimirovna Buryanova ◽  
Keyword(s):  

Author(s):  
S. A. Zolina ◽  
I. A. Kopytin ◽  
O. B. Reznikova

In 2018 the United States surpassed Saudi Arabia and Russia to become the largest world oil producer. The article focuses on the mechanisms through which the American shale revolution increasingly impacts functioning of the world oil market. The authors show that this impact is translated to the world oil market mainly through the trade and price channels. Lifting the ban on crude oil exports in December 2015 allowed the United States to increase rapidly supply of crude oil to the world oil market, the country’s share in the world crude oil exports reached 4,4% in 2018 and continues to rise. The U.S. share in the world petroleum products exports, on which the American oil sector places the main stake, reached 18%. In parallel with increasing oil production the U.S. considerably shrank crude oil import that forced many oil exporters to reorient to other markets. Due to high elasticity of tight oil production to the oil price increases oil from the U.S. has started to constrain the world oil price from above. According to the majority of authoritative forecasts, oil production in the U.S. will continue to increase at least until 2025. Since 2017 the tendency to the increasing expansion of supermajors into American unconventional oil sector has become noticeable, what will contribute to further strengthening of the U.S. position in the world oil market and accelerate its restructuring.  


2011 ◽  
Vol 320 ◽  
pp. 441-444
Author(s):  
Zhi Yang Yuan

Oil and gas are important energy minerals and strategic resources. Moreover, as their substitute, oil shale is the non-renewable fossil fuel resource. In this paper, regarding the oil shale of Huadian in Jilin Province as raw material, we made a research on the approaches to extracting shale oil from oil shale as well as an experimental determination on the impact of heating temperature, shale grain size and holding time.


Fuel ◽  
2014 ◽  
Vol 118 ◽  
pp. 186-193 ◽  
Author(s):  
Hongfan Guo ◽  
Jiadong Lin ◽  
Yindong Yang ◽  
Yunyi Liu

2009 ◽  
Vol 9 (6) ◽  
pp. 2171-2194 ◽  
Author(s):  
S. B. Dalsøren ◽  
M. S. Eide ◽  
Ø. Endresen ◽  
A. Mjelde ◽  
G. Gravir ◽  
...  

Abstract. A reliable and up-to-date ship emission inventory is essential for atmospheric scientists quantifying the impact of shipping and for policy makers implementing regulations and incentives for emission reduction. The emission modelling in this study takes into account ship type and size dependent input data for 15 ship types and 7 size categories. Global port arrival and departure data for more than 32 000 merchant ships are used to establish operational profiles for the ship segments. The modelled total fuel consumption amounts to 217 Mt in 2004 of which 11 Mt is consumed in in-port operations. This is in agreement with international sales statistics. The modelled fuel consumption is applied to develop global emission inventories for CO2, NO2, SO2, CO, CH4, VOC (Volatile Organic Compounds), N2O, BC (Black Carbon) and OC (Organic Carbon). The global emissions from ships at sea and in ports are distributed geographically, applying extended geographical data sets covering about 2 million global ship observations and global port data for 32 000 ships. In addition to inventories for the world fleet, inventories are produced separately for the three dominating ship types, using ship type specific emission modelling and traffic distributions. A global Chemical Transport Model (CTM) was used to calculate the environmental impacts of the emissions. We find that ship emissions is a dominant contributor over much of the world oceans to surface concentrations of NO2 and SO2. The contribution is also large over some coastal zones. For surface ozone the contribution is high over the oceans but clearly also of importance over Western North America (contribution 15–25%) and Western Europe (5–15%). The contribution to tropospheric column ozone is up to 5–6%. The overall impact of ship emissions on global methane lifetime is large due to the high NOx emissions. With regard to acidification we find that ships contribute 11% to nitrate wet deposition and 4.5% to sulphur wet deposition globally. In certain coastal regions the contributions may be in the range 15–50%. In general we find that ship emissions have a large impact on acidic deposition and surface ozone in Western North America, Scandinavia, Western Europe, western North Africa and Malaysia/Indonesia. For most of these regions container traffic, the largest emitter by ship type, has the largest impact. This is the case especially for the Pacific and the related container trade routes between Asia and North America. However, the contributions from bulk ships and tank vessels are also significant in the above mentioned impact regions. Though the total ship impact at low latitudes is lower, the tank vessels have a quite large contribution at low latitudes and near the Gulf of Mexico and Middle East. The bulk ships are characterized by large impact in Oceania compared to other ship types. In Scandinavia and north-Western Europe, one of the major ship impact regions, the three largest ship types have rather small relative contributions. The impact in this region is probably dominated by smaller ships operating closer to the coast. For emissions in ports impacts on NO2 and SO2 seem to be of significance. For most ports the contribution to the two components is in the range 0.5–5%, for a few ports it exceeds 10%. The approach presented provides an improvement in characterizing fleet operational patterns, and thereby ship emissions and impacts. Furthermore, the study shows where emission reductions can be applied to most effectively minimize the impacts by different ship types.


Author(s):  
Keilah Bias ◽  
Daniel Larsen ◽  
Libby Osgood

Various engineering programs in North America enable students to immerse in international projects. Some students travel with NGOs and perform engineering work as part of their curriculum, and some design projects for hypothetical clients in other parts of the world. The authors designed a charcoal press for Kenyan farmers as part of their 2nd year design class. Due to the success of the design, the project was brought to Kenya, and was modified to be built to the materials and equipment that were available in the rural communities. One of the authors travelled to deliver the design, participated in building the device, as well as trained the clients to perform the process. The second author stayed in Canada.The authors present their experience on this two-stage design process, where the students were exposed in both designing from a distance and being immersed in the international setting of the project. Writing from students’ perspective, different points on how the project was effective on engraving design principles to students were shared. Students also reflected on their experience and developed recommendations on how the experience can be improved for future students who will take similar programs


2016 ◽  
Vol 11 (5) ◽  
pp. 3037-3039
Author(s):  
Sahar Alshathry

 Saudi Aramco is the largest oil production company in the entire world. It supplies almost almost 1/10th of the oil in the world. The economy of Saudi Arabia is highly dependent on the production of oil.Aramco got attacked by a virus  named Shamoon on 15th August 2012. It was one of the most disrupting cyber-attack that was carried out against the business. Shamoon had spread from the network of the company and it wiped out the hard drives of the computers. The virus infected almost thirty thousand of workstations during the mid of August .The paper will discus the impact of the cyber attack on the oil production on Saudi Aramco. In addition, the analysis and the mechanisms that the attackers used to launch the virus. This research explains how Saudi Aramco recovered form the cyber attack. 


2020 ◽  
Vol 18 (12) ◽  
Author(s):  
Tokhir Mirzoev ◽  
Ling Zhu ◽  
Yang Yang ◽  
Tian Zhang ◽  
Erik Roos ◽  
...  

The oil market is undergoing fundamental change. New technologies are increasing the supply of oil from old and new sources, while rising concerns over the environment are seeing the world gradually moving away from oil. This spells a significant challenge for oil-exporting countries, including those of the Gulf Cooperation Council (GCC) who account for a fifth of the world’s oil production. The GCC countries have recognized the need to reduce their reliance on oil and are all implementing reforms to diversify their economies as well as fiscal and external revenues. Nevertheless, as global oil demand is expected to peak in the next two decades, the associated fiscal imperative could be both larger and more urgent than implied by the GCC countries’ existing plans.


Sign in / Sign up

Export Citation Format

Share Document