Senegal’s Sall will ride out gas scandal furore

2019 ◽  
Keyword(s):  
Natural Gas ◽  
Oil And Gas ◽  
Gas Field ◽  
Content Type ◽  
High Profile ◽  
Oil And Gas Sector

Subject Senegalese gas scandal. Significance A high-profile scandal implicating President Macky Sall's brother Aliou continues to prompt controversy. A BBC documentary aired last month alleging an improper relationship between controversial Romanian-Australian businessman Frank Timis and Aliou surrounding offshore natural gas field licences. Impacts The scandal may dent Senegal’s democratic credentials but is unlikely to dampen overall interest in the burgeoning oil and gas sector. Concerns will mount that Sall is gradually instituting a form of ‘civil authoritarianism’, with a growing clampdown on dissent. The youthful Ousmane Sonko, who placed third in the February elections, could use the scandal to bolster his anti-corruption credentials. Fears may grow that Sall could ultimately pursue a third-term bid, using a new 2016 constitution as his validation.

Firms working in Israel face pressure on Palestinians

2018 ◽  
Keyword(s):  
Human Rights ◽  
Large Scale ◽  
Oil And Gas ◽  
Jewish People ◽  
Content Type ◽  
High Profile ◽  
Business And Human Rights ◽  
Arab Minority ◽  
The Right ◽  
Oil And Gas Sector

Significance The July 19 law’s limiting of the right of national self-determination in Israel to the Jewish people has angered the Arab minority and provoked international criticism, including comparisons to South Africa’s apartheid-era legislation. Impacts Human rights risks may deter some investors, particularly for high-profile or large-scale projects such as in the oil and gas sector. Projects in towns and cities with large Arab populations such as Jerusalem, Haifa, Jaffa and Nazareth will face particular scrutiny. To ward off criticism, compliance with the UN Guiding Principles on Business and Human Rights will be increasingly important.

Critical areas of knowledge loss when employees leave in the oil and gas industry

2018 ◽  
Vol 22 (7) ◽  
pp. 1573-1590 ◽  
Author(s):  
Muhammad Saleem Sumbal ◽  
Eric Tsui ◽  
Ricky Cheong ◽  
Eric W.K. See-to
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Gas Field ◽  
Gas Industry ◽  
Knowledge Loss ◽  
Content Type ◽  
Types Of Knowledge ◽  
Critical Areas ◽  
Oil And Gas Sector ◽  
Geographical Locations

Purpose The purpose of this paper is to investigate the critical types of knowledge lost when employees depart companies in the oil and gas field. Design/methodology/approach The study adopts a grounded theory methodology. Twelve semi-structured interviews were conducted with elite informants in the oil and gas sector to gain an in-depth insight into the research problem. ATLAS.ti was used for data analysis and coding. Findings In the oil and gas industry, employees generally have job rotation and work at various geographical locations during their career. The departing employees possess valuable types of knowledge depending on the role and duties they have performed over the years. These include specialized technical knowledge, contextual knowledge of working at different geographical locations, knowledge of train wrecks and history of company, knowledge of relationships and networks, knowledge of business processes and knowledge of management. Research limitations/implications The study findings might only be applicable to the oil and gas sector. Originality/value This paper fulfills an identified gap on the identification of critical areas of knowledge loss when employees depart from oil and gas companies. The study adds to the existing body of literature on this underexplored area in the knowledge management literature.

Oil will drive record Guyana growth again in 2022

2021 ◽  
Keyword(s):  
Climate Change ◽  
Oil And Gas ◽  
National Development ◽  
Oil Industry ◽  
Medium Term ◽  
Content Type ◽  
Development Plans ◽  
The Government ◽  
Wage Increases ◽  
Oil And Gas Sector

Significance As in 2020 and 2021, this projected growth will be driven by the ongoing expansion of the oil and gas sector, and related investment and state revenues. These rising revenues will support the government’s ambitious national development plans, which include both increased social and infrastructure spending. Impacts The government will prioritise enhancing the oil and gas investment framework. Investment into joint oil and gas infrastructure with Suriname will benefit the growing oil industry in both countries. The expansionary fiscal policy may lead to a rise in inflation, leading to further calls for wage increases. In the medium term, strong growth in the oil and gas sector could lead to increased climate change activism in the country.

Efficiency evaluation of Indian oil and gas sector: data envelopment analysis

2019 ◽  
Vol 14 (2) ◽  
pp. 362-378 ◽  
Author(s):  
Vikas Vikas ◽  
Rohit Bansal
Keyword(s):  
Data Envelopment Analysis ◽  
Technical Efficiency ◽  
Capital Investment ◽  
Oil And Gas ◽  
Stock Exchange ◽  
Scale Efficiency ◽  
Data Envelopment ◽  
Content Type ◽  
Indian Economy ◽  
Oil And Gas Sector

Purpose Data envelopment analysis (DEA), a non-parametric technique is used to assess the efficiency of decision-making units which are producing identical set of outputs using identical set of inputs. The purpose of this paper is to find the technical efficiency (TE), pure technical efficiency and scale efficiency (SE) levels of Indian oil and gas sector companies and to provide benchmark targets to the inefficient companies in order to achieve efficiency level. Design/methodology/approach In the present study, a group of 22 oil and gas companies which are listed on the National Stock Exchange for which the data were available for the period 2013–2017 has been considered. DEA has been performed to compare the efficiency levels of all companies. To measure efficiency, three input variables, namely, combined materials consumed and manufacturing expenses, employee benefit expenses and capital investment and two output variables – operating revenues and profit after tax (PAT) have been considered. On the basis of performance for the financial year ending 2017, benchmark targets based on DEA–CCR (Charnes, Cooper and Rhodes) model have been provided to the inefficient companies that should be focused upon by them to attain the efficiency level. The performance of the companies for the past five years has been examined to check the fluctuations in the various efficiency scores of the companies considered in the study over the years. Findings From the results obtained, it is observed that 59 percent, i.e. 13 out of 22 companies are technically efficient. By considering DEA BCC (Banker, Charnes and Cooper) model, 16 companies are observed to be pure technically efficient. In terms of SE, there are 14 such companies. The inefficient units need to improve in terms of input and output variables and for this motive, specified targets are assigned to them. Some of these companies need to upgrade significantly and the managers must take the concern earnestly. The study has also thrown light on the performance of the companies over last five years which shows Oil India Ltd, Gujarat State Petronet Ltd, Petronet LNG Ltd, IGL Ltd, Mahanagar Gas, Chennai Petroleum Corporation Ltd and BPCL Ltd as consistently efficient companies. Research limitations/implications The present study has made an attempt to evaluate the efficiency of Indian oil and gas sector. The results of the study have significant inferences for the policy makers and managers of the companies operating in the sector. The results of the study provide benchmark target level to the companies of Oil and Gas sector which can help the managers of the relatively less efficient companies to focus on the ways to improve efficiency. The improvement in efficiency of a company would not only benefit the shareholders, but also the investors and other stakeholders of the company. Originality/value In the context of Indian economy, very limited number of studies have focused to measure the efficiency of oil and gas sector in the context of Indian economy. The present study aims to provide the latest insight to the efficiency of the companies especially operating in the Indian oil and gas sector. Further, as per our knowledge, this study is distinctive in terms of analyzing the efficiency of Indian oil and gas sector for a period of five years. The longitudinal study of the sector efficiency provides a bird eye view of the average efficiency level and changes in the efficiency levels of the companies over the years.

scholarly journals Methane emissions in the Netherlands: The Groningen field

Elem Sci Anth ◽  
2018 ◽  
Vol 6 ◽  
Author(s):  
Tara I. Yacovitch ◽  
Bruno Neininger ◽  
Scott C. Herndon ◽  
Hugo Denier van der Gon ◽  
Sander Jonkers ◽  
...  
Keyword(s):  
Natural Gas ◽  
The Netherlands ◽  
Oil And Gas ◽  
Methane Emissions ◽  
Production Volume ◽  
Offshore Platforms ◽  
Source Characterization ◽  
Gas Field ◽  
Study Region ◽  
Individual Site

The Groningen natural gas field in the Netherlands – one of Europe’s major gas fields – deploys a “production cluster” infrastructure with extraction, some processing and storage in a single facility. This region is also the site of intensive agriculture and cattle operations. We present results from a multi-scale measurement campaign of methane emissions, including ground and airborne-based estimates. Results are compared with inventory at both the facility and regional level. Investigation of production cluster emissions in the Groningen gas field shows that production volume alone is not a good indicator of whether, and how much, a site is emitting methane. Sites that are nominally shut down may still be emitting, and vice-versa. As a result, the inventory emission factors applied to these sites (i.e. weighted by production) do a poor job of reproducing individual site emissions. Additional facility-level case studies are presented, including a plume at 150 ± 50 kg CH4 hr–1 with an unidentified off-shore emission source, a natural gas storage facility and landfills. Methane emissions in a study region covering 6000 km2 and including the majority of the Groningen field are dominated by biogenic sources (e.g. agriculture, wetlands, cattle). Total methane emissions (8 ± 2 Mg hr–1) are lower than inventory predictions (14 Mg hr–1) but the proportion of fossil fuel sources is higher than indicated by the inventory. Apportionment of methane emissions between thermogenic and biogenic source types used ethane/methane ratios in aircraft flasks and ground-based source characterization. We find that emissions from the oil and gas sector account for 20% of regional methane, with 95% confidence limits of (0%, 51%). The experimental uncertainties bound the inventory apportionment of 1.9%, though the central estimate of 20% exceeds this result by nearly 10 times. This study’s uncertainties demonstrate the need for additional research focusing on emissions apportionment, inventory refinement and offshore platforms.

LEGAL MECHANISMS FOR STIMULATING THE DEVELOPMENT OF THE OIL AND GAS SECTOR OF THE RUSSIAN ECONOMY

2021 ◽  
Author(s):  
Viacheslav Olegovich Mosalygin ◽  
Keyword(s):  
Natural Gas ◽  
Russian Federation ◽  
Oil And Gas ◽  
Significant Part ◽  
Tax Revenues ◽  
Russian Economy ◽  
Oil And Natural Gas ◽  
The Russian Federation ◽  
The Government ◽  
Oil And Gas Sector

For more than 15 years, a significant part of the budget revenues of the Russian Federation have been tax revenues from the sale of hydrocarbons, in particular oil and natural gas. Despite the desire of our government to minimize its dependence on oil and gas revenues, the government continues to implement measures to encourage both small and large companies by providing some tax-related benefits, thereby encouraging the fields to further develop and expand.

Kazakhstan curbs oil output but eyes future growth

2021 ◽  
Keyword(s):  
Oil And Gas ◽  
Total Output ◽  
Tax Revenue ◽  
Content Type ◽  
Social Instability ◽  
Public Investments ◽  
Market Impacts ◽  
Oil Exports ◽  
Oil And Gas Sector ◽  
Future Growth

Significance The oil sector's contribution to GDP fell last year, but this was due only to the market impacts of the COVID-19 pandemic. Kazakhstan continues to depend heavily on oil exports for tax revenue and consequently for recurrent government spending and large public investments. Impacts Rising production at the Tengiz, Karachaganak and Kashagan fields will increase their share of total output from 63% in 2020 to 72% in 2025. The continued concentration of foreign investment in the oil and gas sector will thwart attempts at economic diversification. Slowing production at old deposits in western and southern Kazakhstan is fraught with risks of social instability and unrest.

Brunei and Malaysia will each gain from oilfield deal

2021 ◽  
Keyword(s):  
Oil And Gas ◽  
Gdp Growth ◽  
Content Type ◽  
Major Shell ◽  
Key Driver ◽  
Oil And Gas Sector

Significance Soon after this unitisation deal, oil major Shell booked a drillship to work on the Gumusut-Kakap project, which it operates. It also finalised the purchase of a subsidiary of France’s Total which holds most of CA-1, a block in Brunei's waters where Jagus East is located. Impacts Brunei-Malaysia relations will grow stronger. Upstream and downstream investments will be a key driver of Brunei’s GDP growth over the next five years. Malaysia will step up efforts to attract new investors to its oil and gas sector.

THE GIPPSLAND OIL AND GAS FIELDS—FOUR YEARS OF PRODUCTION AND UTILISATION

1973 ◽  
Vol 13 (1) ◽  
pp. 166
Author(s):  
M. A. Stratton
Keyword(s):  
Natural Gas ◽  
Social Life ◽  
Oil And Gas ◽  
Petroleum Industry ◽  
Petroleum Products ◽  
The State ◽  
Oil Field ◽  
Oil Fields ◽  
Gas Field ◽  
Paper Mills

The discovery by the partnership of Esso Exploration and Production Australia Inc. and Hematite Petroleum Pty Ltd during the past eight years of the natural gas and crude oil fields off the east Victorian coast has often been compared to that of gold in the State in the 1850's in its impact .on the economic, industrial and social life of the community.To date the amount spent in the State on the discovery and overall development of these fields is approximately $600 million. The value of oil and gas recovered over the period of nearly four years since production commenced in 1969 and distributed and utilised by various means to 31 December 1972, amounts to about $500 million. In addition the value of refined products from Victoria's three refineries and items produced by industrial processes through the use of natural gas and petroleum products as fuels, amount to many more millions of dollars. The total impact on Victoria in one form or another could, if measured in monetary value, he equivalent to about $1200 million-all in the course of about eight years.Other States have also benefited. The building of tankers, barges, tugs and work boats and the modification of refineries in New South Wales and Queensland, have probably cost in the region of $200 million whilst indirectly the success of the Gippsland oil and gas discoveries has spurred other explorers to step up the search in many areas and, as far as natural gas is concerned, with considerable success.The speed and efficiency with which the four gas and oil fields developed to date were brought into production, the necessary treatment plants erected, the pipelines laid and distribution facilities organised; and with which the gas industry changed over to the new fuel and refineries modified their processes to use indigenous crudes have, by world standards, been exceptional. From the time the first gas field-Barracouta, was found in February 1965 until the last oil field in the program -Kingfish came fully on stream late in 1971, less than seven years elapsed.During that time Victorian fuel patterns underwent vast changes. Today over 95% of all gas consumers are using natural gas and about 70% of crude processed by local refineries comes from the Gippsland Basin. The significance of natural gas in particular is demonstrated by a 41% increase in gas sales in Victoria in 1971/72 over the previous twelve months and this trend is expected to accelerate as a result of recent arrangements for the supply of large volumes of this fuel to industrial plants including paper mills, cement works and an alumina smelter.Also of major significance to the State has been the development of the port of Western Port where the loading of tankers and LPG carriers has resulted in it becoming the State's second busiest port. Of less immediate impact but still of great value in the long term, has been the building of better roads and facilities needed to service the installations and the emergence of many valuable skills in the petroleum industry which will make easier the task of future development of new fields and facilities in Victoria and other parts of Australia.

Efficient Smoke Suppressant Reduces the Particulate Matter Emissions of Crude Oil Fired Gas Turbines

2019 ◽  
Author(s):  
Matthieu Vierling ◽  
Michel Moliere ◽  
Paul Glaser ◽  
Richard Denolle ◽  
Sathya Nayani ◽  
...  
Keyword(s):  
Particulate Matter ◽  
Natural Gas ◽  
Crude Oil ◽  
Gas Turbines ◽  
Oil And Gas ◽  
Liquid Fuels ◽  
Gas Field ◽  
Associated Gas ◽  
Score Card ◽  
Particulate Matter Emissions

Abstract Gas turbines are often the master pieces of the utilities that power Oil and Gas (O&G) installations as they most often operate in off-grid mode and must reliably deliver the electric power and the steam streams required by all the Exploration/Production (EP) or refining processes. In addition to reliability, fuel flexibility is an important score card of gas turbines since they must permanently accommodate the type of fuel which is available on the particular O&G site. For instance, during the operation of an associated gas field, crude oil comes out from the well heads as the gas reserves are declining or depleted. The utility gas turbine must then be capable to successively burn natural gas and crude oil and often to co-fire both fuels. An important feature of crude oils is that their combustion tends to emit significantly more particulate matter (PM) than do distillate oil and natural gas as they contain some heavier hydrocarbon ends. Taking account of the fact that some alternative liquid fuels emit more particulates matter (PM) than distillate oils, GE has investigated a class of soot suppressant additives that have been previously tested on light distillate oil (No 2 DO). As a continuation of this development, these products have been field-tested at an important refining site where several Frame 6B gas turbines have been converted from natural gas to crude oil with some units running in cofiring mode. This field test showed that proper injections of these fuel additives, at quite moderate concentration levels, enable a substantial abatement of the PM emissions and reduction of flue gas opacity. This paper outlines the main outcomes of this field campaign and consolidates the overall results obtained with this smoke suppression technology.

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