Emergence of New Russian and Foreign Investors in the Russian Oil and Gas Complex

1996 ◽  
Vol 14 (2) ◽  
pp. 119-125
Author(s):  
A. A. Arbatov
Keyword(s):  
Decision Making ◽  
Foreign Investment ◽  
Critical Analysis ◽  
Oil And Gas ◽  
Foreign Investors ◽  
Oil And Gas Exploration ◽  
Russian Economy ◽  
Factors Influencing ◽  
Exploration And Production

A critical analysis is presented of the factors influencing foreign investment in Russian oil and gas exploration and production. Greater stability in the Russian economy would help and unfortunately some elements of the Russian bureaucracy hinder quick decision making. Western investors could improve their position by concentrating on developments which are unlikely to be developed by Russian companies in the next decade.

scholarly journals FOREIGN INVESTMENTS IN THE RUSSIAN OIL AND GAS INDUSTRY

2019 ◽  
Vol 2 (5) ◽  
pp. 199-205
Author(s):  
Svetlana Shumilova
Keyword(s):  
Foreign Investment ◽  
Oil And Gas ◽  
Supply And Demand ◽  
Oil And Gas Industry ◽  
Retail Trade ◽  
Energy Prices ◽  
Economic Activities ◽  
Foreign Investors ◽  
Russian Economy ◽  
Current Price

Foreign investment is the driving force behind the development of the Russian oil and gas complex and the economy as a whole. This was the case until 2014; the current situation has changed somewhat: the inflow of foreign investment in the Russian energy sector is complicated not only by the imposed sanctions, but also by the main obstacle - instability of world energy prices. The current price conjuncture, as well as the situation with supply and demand, is pushing foreign investors to reduce investment proposals. The article analyzes the dynamics, species and sectoral structure of annual flows of foreign investment in the Russian economy, which allows to identify the main trends in attracting foreign capital in the past few years. In the Russian economy, at the moment, the most attractive areas for foreign investors are mining, manufacturing, wholesale and retail trade. These economic activities account for more than 60% of the total foreign investment.

Dispersant Use in Ice-Affected Waters: Regulatory Status and Opportunities to Advance Decision Making

2014 ◽  
Vol 2014 (1) ◽  
pp. 476-490 ◽  
Author(s):  
Ann Hayward Walker ◽  
John Joeckel ◽  
Per Daling
Keyword(s):  
Decision Making ◽  
Oil Spill ◽  
Oil And Gas ◽  
Environmental Damage ◽  
Mechanical Equipment ◽  
Regulatory Review ◽  
Oil And Gas Exploration ◽  
Regulatory Status ◽  
Exploration And Production ◽  
The Impact

ABSTRACT There is increasing interest in, and evolving technological capability to, conduct offshore oil and gas exploration and production operations in sensitive arctic regions. This has focused attention on oil spill preparedness and response for waters which have an ice cover for some part of the year. Given the logistical challenges associated with transporting and deploying mechanical equipment in these remote, ice-prone areas, the application of dispersants below and on the water surface is being considered as one of the ways to mitigate the impact of accidental oil spills from offshore exploration, production and transportation operations. In 2013, the International Oil & Gas Producers (OGP) commissioned a study about using dispersants in ice-affected waters. Part of the study scope was a regulatory review concerning the dispersant use in twenty-one Northern Hemisphere nations having Arctic/ice-prone waters. An important issue for government policy and decision makers is considering where and when dispersant use might reduce the net economic and environmental damage from an oil spill. Industry is aware that their resources and knowledge can help inform nations as they examine dispersants as a response option. This paper presents an overview of the regulatory status regarding the use and/or limitations of dispersants in countries that have oil and gas exploration and production operations ice-affected waters; potential obstacles in decision making which may limit industry's ability to stand up the logistical infrastructure necessary to implement an effective dispersant operation; and potential strategies, e.g., industry technical support and stakeholder engagement, to address identified obstacles in countries with ice-affected waters.

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.

scholarly journals Analisis Curse Theory pada Sumber Daya Alam Migas Bagi Warga Madura

2018 ◽  
Vol 14 (1) ◽  
pp. 12
Author(s):  
Mohammad Hidayaturrahman
Keyword(s):  
Oil And Gas ◽  
Gas Production ◽  
Community Empowerment ◽  
Government Programs ◽  
Oil And Gas Production ◽  
Oil And Gas Exploration ◽  
Exploration And Production ◽  
State Income ◽  
The Government ◽  
Oil And Gas Sector

Government policies in natural resource management, especially in the oil and gas sector face a lot of problems. However, the government also has a responsibility to improve the life of people affected from oil and gas exploration and production activities. This research was aimed at investigating how the implementation of policies run by the central and local government toward the oil and gas management and community empowerment, especially the community located closely  to oil and gas exploration and production activity in Madura, East Java. This research method is phenomenological research using descriptive qualitative approach. Therefore, this study is conducted through direct observation on the object during the research time. The data collection is done through observation and interview. The results of this study revealed that it is needed an integrated step done by the government, vertically, whether central, provincial, district, and village to synchronize oil and gas management and community empowerment programs. By doing so, the ideas and desires to improve the welfare and increase the state income will be realized, especially in focusing corporate and government programs improving citizen’ economic and education, whose area becomes the location of oil and gas production.

scholarly journals Fluid pressure waves trigger earthquakes

2015 ◽  
Vol 200 (3) ◽  
pp. 1279-1283 ◽  
Author(s):  
Francesco Mulargia ◽  
Andrea Bizzarri
Keyword(s):  
Oil And Gas ◽  
Nonlinear Partial Differential Equation ◽  
Active Faults ◽  
Fluid Pressure ◽  
Rock Joints ◽  
Pressure Waves ◽  
Earthquake Triggering ◽  
Oil And Gas Exploration ◽  
Exploration And Production ◽  
Von Mises

Abstract Fluids—essentially meteoric water—are present everywhere in the Earth's crust, occasionally also with pressures higher than hydrostatic due to the tectonic strain imposed on impermeable undrained layers, to the impoundment of artificial lakes or to the forced injections required by oil and gas exploration and production. Experimental evidence suggests that such fluids flow along preferred paths of high diffusivity, provided by rock joints and faults. Studying the coupled poroelastic problem, we find that such flow is ruled by a nonlinear partial differential equation amenable to a Barenblatt-type solution, implying that it takes place in form of solitary pressure waves propagating at a velocity which decreases with time as v ∝ t [1/(n − 1) − 1] with n ≳ 7. According to Tresca-Von Mises criterion, these waves appear to play a major role in earthquake triggering, being also capable to account for aftershock delay without any further assumption. The measure of stress and fluid pressure inside active faults may therefore provide direct information about fault potential instability.

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