The Future of Oil and Gas Fossil Fuels

Future Energy ◽  
2008 ◽  
pp. 1-24 ◽  
Author(s):  
Anthony R.H. Goodwin
Keyword(s):  
Fossil Fuels ◽  
Oil And Gas ◽  
The Future

scholarly journals COMPARATIVE ANALYSIS OF BIOFUELS WITH A FEEDSTOCK FUEL COMPLEX.

THE BULLETIN ◽  
2021 ◽  
Vol 3 (391) ◽  
pp. 122-127
Author(s):  
N.B. Shamuratova ◽  
Y.S. Baitilenova ◽  
A.N. Narenova ◽  
Zh.A. Nazikova ◽  
A.A. Kamerova
Keyword(s):  
Crude Oil ◽  
Alternative Fuels ◽  
Fossil Fuels ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
The United States ◽  
Active Management ◽  
The European Union ◽  
The World ◽  
The Future

Biofuels are viewed as a possible fuel of the future. Concerning energy for cars there is intense “competition” stemming from electricity and rising in popularity due to modern research is also hydrogen. In general, biofuels are nowadays strongly supported in the European Union as well as in the United States of America and many other regions of the world. Active management in the oil and gas industry needs to take in account knowledge not only about fossil fuels but also various types of alternative fuels like biofuels. This thesis goal is to analyze the economics of producing Bio-Crude oil from a plant called Jatrophae curcadis, (or also known as “purging nut”). It is nowadays growing around subtropical regions of the North American continent, especially in Mexico, and southern Asia, and with lower yield can grow even in arid wastelands of Central Asia (in arid Mali it is grown to hold wildlife from plants). It is the very undemanding plant so the biofuel produced from it can be very cheap compared to other biofuels. The oil produced from this plant is not being traded on commodities markets yet but is viewed as biofuel of the future as currently sold soybean oil and palm oil are according to my analysis more expensive in many areas of the world. Production of the plant seeds (nuts) when pressed leads to bio-crude oil which can be processed to biocrude. Economic analysis showed that given irrigation and good genetic selection of the plants to give higher production of seeds (price of the kg would be determining factor), the biocrude produced from the seeds has the potential to successfully compete with alternative fuels made from soybean or palm oils.

Insight of Green Economy in Algeria

2021 ◽  
pp. 108-126
Author(s):  
Zina Arabeche ◽  
Mohammed El Amine Abdelli
Keyword(s):  
Fossil Fuels ◽  
Industrial Revolution ◽  
Oil And Gas ◽  
Green Economy ◽  
Energy Requirements ◽  
Energy Sources ◽  
General Application ◽  
Energy Needs ◽  
The World ◽  
The Future

Since the emergence of the industrial revolution, the use of energy resources has increased considerably, particularly non renewable (coal, oil and gas), so these resources are no longer sufficient to cover the different energy needs, and this has become a challenge to the energy independance of many gouvernment now and in the future. This has caused the world to scramble for other ways to satisfy these needs in which the results of scientific research and development envolved from alternative uses of old energy sources and named green economy, and many think about the future of energy despite the barriers that still hinder the general application of this type of economy. Energy consumption in Algeria is focused almost entirely on fossil fuels, hydrocarbons, and gas in particular. In recent years, Algeria is deciding to move intro the green economy, the unique solution for meeting future energy requirements and helping reduce environmental risks.

The Role of Oil and Gas in the Economic Development of the Global Economy

2018 ◽  
Author(s):  
Paul Stevens
Keyword(s):  
Economic Development ◽  
Global Economy ◽  
Oil And Gas ◽  
Primary Energy ◽  
Oil And Gas Producers ◽  
The Future ◽  
History Of ◽  
Factor Inputs ◽  
The Impact

This chapter is concerned with the role of oil and gas in the economic development of the global economy. It focuses on the context in which established and newer oil and gas producers in developing countries must frame their policies to optimize the benefits of such resources. It outlines a history of the issue over the last twenty-five years. It considers oil and gas as factor inputs, their role in global trade, the role of oil prices in the macroeconomy and the impact of the geopolitics of oil and gas. It then considers various conventional views of the future of oil and gas in the primary energy mix. Finally, it challenges the drivers behind these conventional views of the future with an emphasis on why they may prove to be different from what is expected and how this may change the context in which producers must frame their policy responses.

scholarly journals Evaluation and re-understanding of the global natural gas hydrate resources

2021 ◽  
Vol 18 (2) ◽  
pp. 323-338
Author(s):  
Xiong-Qi Pang ◽  
Zhuo-Heng Chen ◽  
Cheng-Zao Jia ◽  
En-Ze Wang ◽  
He-Sheng Shi ◽  
...  
Keyword(s):  
Natural Gas ◽  
Gas Hydrate ◽  
Oil And Gas ◽  
Material Balance ◽  
Energy Resource ◽  
Resource Assessment ◽  
Future Trend ◽  
Natural Gas Hydrate ◽  
The Future ◽  
Recoverable Resources

AbstractNatural gas hydrate (NGH) has been widely considered as an alternative to conventional oil and gas resources in the future energy resource supply since Trofimuk’s first resource assessment in 1973. At least 29 global estimates have been published from various studies so far, among which 24 estimates are greater than the total conventional gas resources. If drawn in chronological order, the 29 historical resource estimates show a clear downward trend, reflecting the changes in our perception with respect to its resource potential with increasing our knowledge on the NGH with time. A time series of the 29 estimates was used to establish a statistical model for predict the future trend. The model produces an expected resource value of 41.46 × 1012 m3 at the year of 2050. The statistical trend projected future gas hydrate resource is only about 10% of total natural gas resource in conventional reservoir, consistent with estimates of global technically recoverable resources (TRR) in gas hydrate from Monte Carlo technique based on volumetric and material balance approaches. Considering the technical challenges and high cost in commercial production and the lack of competitive advantages compared with rapid growing unconventional and renewable resources, only those on the very top of the gas hydrate resource pyramid will be added to future energy supply. It is unlikely that the NGH will be the major energy source in the future.

Accelerating oil and gas investment and reserves by design

2018 ◽  
Vol 58 (2) ◽  
pp. 557
Author(s):  
Barry A. Goldstein
Keyword(s):  
Natural Gas ◽  
Fossil Fuels ◽  
Oil And Gas ◽  
South Australia ◽  
Land Access ◽  
Oil And Gas Exploration ◽  
Oil And Gas Producers ◽  
Crude Oil Prices ◽  
Exploration And Production ◽  
Oil And Gas Operations

Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence (Adams 1770). Some people unfamiliar with upstream petroleum operations, some enterprises keen to sustain uncontested land use, and some people against the use of fossil fuels have and will voice opposition to land access for oil and gas exploration and production. Social and economic concerns have also arisen with Australian domestic gas prices tending towards parity with netbacks from liquefied natural gas (LNG) exports. No doubt, natural gas, LNG and crude-oil prices will vary with local-to-international supply-side and demand-side competition. Hence, well run Australian oil and gas producers deploy stress-tested exploration, delineation and development budgets. With these challenges in mind, successive governments in South Australia have implemented leading-practice legislation, regulation, policies and programs to simultaneously gain and sustain trust with the public and investors with regard to land access for trustworthy oil and gas operations. South Australia’s most recent initiatives to foster reserve growth through welcomed investment in responsible oil and gas operations include the following: a Roundtable for Oil and Gas; evergreen answers to frequently asked questions, grouped retention licences that accelerate investment in the best of play trends; the Plan for ACcelerating Exploration (PACE) Gas Program; and the Oil and Gas Royalty Return Program. Intended and actual outcomes from these initiatives are addressed in this extended abstract.

2021 Offshore petroleum exploration acreage release

2021 ◽  
Vol 61 (2) ◽  
pp. 291
Author(s):  
Paul Trotman
Keyword(s):  
Manufacturing Industry ◽  
Oil And Gas ◽  
Domestic Demand ◽  
Liquefied Natural Gas ◽  
Petroleum Exploration ◽  
Demand Growth ◽  
Regulatory Frameworks ◽  
The Future ◽  
Policy Work ◽  
Offshore Petroleum

In 2020, the liquefied natural gas (LNG) trade saw a modest increase of 1%, which is in contrast to the strong growth of previous years. Recently, the global LNG trade has picked up following the easing of impacts from the pandemic and demand growth in Asia. An increase of 6% in the global LNG trade is expected in 2021 and 2022. Domestic demand for gas remains high, with gas being used both for residential supply and also as an essential feedstock for the manufacturing industry. With a projected domestic gas shortfall, the future exploration and development of oil and gas will play a key role in ensuring access to secure, reliable and affordable energy in the future as well as assisting economic recovery from the pandemic. The importance of remaining an attractive investment destination is essential. Our challenge is to not only strike the balance of being agile and adaptive to market disruptions but also provide robust policy and regulatory frameworks to underpin future investment in the sector. Against this backdrop, this paper provides details of the 2021 offshore petroleum exploration acreage release and information about the ongoing policy work of the department.

Stability of offshore structures in shallow water depth

2011 ◽  
Vol 2 (2) ◽  
pp. 320-333
Author(s):  
F. Van den Abeele ◽  
J. Vande Voorde
Keyword(s):  
Shallow Water ◽  
Water Depth ◽  
Fossil Fuels ◽  
Oil And Gas ◽  
Structural Response ◽  
Offshore Structures ◽  
Exploration And Production ◽  
Subsea Pipelines ◽  
Wave Induced ◽  
Shallow Water Depth

The worldwide demand for energy, and in particular fossil fuels, keeps pushing the boundaries of offshoreengineering. Oil and gas majors are conducting their exploration and production activities in remotelocations and water depths exceeding 3000 meters. Such challenging conditions call for enhancedengineering techniques to cope with the risks of collapse, fatigue and pressure containment.On the other hand, offshore structures in shallow water depth (up to 100 meter) require a different anddedicated approach. Such structures are less prone to unstable collapse, but are often subjected to higherflow velocities, induced by both tides and waves. In this paper, numerical tools and utilities to study thestability of offshore structures in shallow water depth are reviewed, and three case studies are provided.First, the Coupled Eulerian Lagrangian (CEL) approach is demonstrated to combine the effects of fluid flowon the structural response of offshore structures. This approach is used to predict fluid flow aroundsubmersible platforms and jack-up rigs.Then, a Computational Fluid Dynamics (CFD) analysis is performed to calculate the turbulent Von Karmanstreet in the wake of subsea structures. At higher Reynolds numbers, this turbulent flow can give rise tovortex shedding and hence cyclic loading. Fluid structure interaction is applied to investigate the dynamicsof submarine risers, and evaluate the susceptibility of vortex induced vibrations.As a third case study, a hydrodynamic analysis is conducted to assess the combined effects of steadycurrent and oscillatory wave-induced flow on submerged structures. At the end of this paper, such ananalysis is performed to calculate drag, lift and inertia forces on partially buried subsea pipelines.

Mining the air: Political ecologies of the circular carbon economy

2021 ◽  
pp. 251484862110614
Author(s):  
Holly Jean Buck
Keyword(s):  
Fossil Fuels ◽  
Oil And Gas ◽  
New Technologies ◽  
Oil And Gas Industry ◽  
Carbon Utilization ◽  
Gas Industry ◽  
The Public ◽  
Fossil Carbon ◽  
Political Ecologies ◽  
Carbon Economy

Can fossil-based fuels become carbon neutral or carbon negative? The oil and gas industry is facing pressure to decarbonize, and new technologies are allowing companies and experts to imagine lower-carbon fossil fuels as part of a circular carbon economy. This paper draws on interviews with experts, ethnographic observations at carbontech and carbon management events, and interviews with members of the public along a suggested CO2 pipeline route from Iowa to Texas, to explore: What is driving the sociotechnical imaginary of circular fossil carbon among experts, and what are its prospects? How do people living in the landscapes that are expected to provide carbon utilization and removal services understand their desirability and workability? First, the paper examines a contradiction in views of carbon professionals: while experts understand the scale of infrastructure, energy, and capital required to build a circular carbon economy, they face constraints in advocating for policies commensurate with this scale, though they have developed strategies for managing this disconnect. Second, the paper describes views from the land in the central US, surfacing questions about the sustainability of new technologies, the prospect of carbon dioxide pipelines, and the way circular carbon industries could intersect trends of decline in small rural towns. Experts often fail to consider local priorities and expertise, and people in working landscapes may not see the priorities and plans of experts, constituting a “double unseeing.” Robust energy democracy involves not just resistance to dominant imaginaries of circular carbon, but articulation of alternatives. New forms of expert and community collaboration will be key to transcending this double unseeing and furthering energy democracy.

Artificial Intelligence and Robotics in the Oil Industry: Will it Take My Job?

2021 ◽  
Author(s):  
Armstrong Lee Agbaji
Keyword(s):  
Artificial Intelligence ◽  
Oil And Gas ◽  
New Technologies ◽  
Oil Industry ◽  
Oil And Gas Industry ◽  
Human Robot Interaction ◽  
Gas Industry ◽  
Deep Dive ◽  
The Future ◽  
And Robotics

Abstract Historically, the oil and gas industry has been slow and extremely cautious to adopt emerging technologies. But in the Age of Artificial Intelligence (AI), the industry has broken from tradition. It has not only embraced AI; it is leading the pack. AI has not only changed what it now means to work in the oil industry, it has changed how companies create, capture, and deliver value. Thanks, or no thanks to automation, traditional oil industry skills and talents are now being threatened, and in most cases, rendered obsolete. Oil and gas industry day-to-day work is progressively gravitating towards software and algorithms, and today’s workers are resigning themselves to the fact that computers and robots will one day "take over" and do much of their work. The adoption of AI and how it might affect career prospects is currently causing a lot of anxiety among industry professionals. This paper details how artificial intelligence, automation, and robotics has redefined what it now means to work in the oil industry, as well as the new challenges and responsibilities that the AI revolution presents. It takes a deep-dive into human-robot interaction, and underscores what AI can, and cannot do. It also identifies several traditional oilfield positions that have become endangered by automation, addresses the premonitions of professionals in these endangered roles, and lays out a roadmap on how to survive and thrive in a digitally transformed world. The future of work is evolving, and new technologies are changing how talent is acquired, developed, and retained. That robots will someday "take our jobs" is not an impossible possibility. It is more of a reality than an exaggeration. Automation in the oil industry has achieved outcomes that go beyond human capabilities. In fact, the odds are overwhelming that AI that functions at a comparable level to humans will soon become ubiquitous in the industry. The big question is: How long will it take? The oil industry of the future will not need large office complexes or a large workforce. Most of the work will be automated. Drilling rigs, production platforms, refineries, and petrochemical plants will not go away, but how work is done at these locations will be totally different. While the industry will never entirely lose its human touch, AI will be the foundation of the workforce of the future. How we react to the AI revolution today will shape the industry for generations to come. What should we do when AI changes our job functions and workforce? Should we be training AI, or should we be training humans?

Source Functions of CO2 and Future CO2 Burden in the Atmosphere

1977 ◽  
Vol 32 (12) ◽  
pp. 1544-1554
Author(s):  
K. E. Zimen ◽  
P. Offermann ◽  
G. Hartmann
Keyword(s):  
Fuel Consumption ◽  
Fossil Fuels ◽  
Source Function ◽  
Fossil Fuel ◽  
Status Quo ◽  
Growth Coefficient ◽  
Mauna Loa ◽  
Fossil Fuel Consumption ◽  
The Future ◽  
Kinetics Of

Abstract A logistic source function for CO2 was derived which takes into account the input arising from the burning of fossil fuels, the stimulation of photosynthesis by the increasing partial pressure of CO2, and the decrease of biomass through deforestation etc. The parameters in a 5-box-model for the kinetics of CO2 were adjusted to fit the new Mauna Loa data on CO2 concentrations in air. Using these parameters and a buffer factor ξ(t) for the absorption of CO2 into the sea, the future CO2 burden was calculated for status quo conditions and for different values of the growth coefficient of fossil fuel consumption. The results show that one can change the deforestation factor in rather wide limits without changing very much the future CO2 concentration in air during the next 80 years or so (cf. Figure 4). On the other hand, the future C02 burden depends strongly on the growth rate of fossil fuel consumption and will double under status quo conditions early in the next century (cf. Figure 5).

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