Comparative Evaluation of the Efficiency of Regulatory Mechanisms of the Oil and Gas Industry and Industrial Waste Processing

2020 ◽  
Vol 11 (7) ◽  
pp. 1742
Author(s):  
Dinara Yerbolovna SATENOVA ◽  
Zhanat Mukhanbetzhankyzy BULAKBAY ◽  
Saule AZYLKANOVA ◽  
Rysty Kudaibergenovna BERSTEMBAEVA ◽  
Zhibek ABYLKASSIMOVA ◽  
...  
Keyword(s):  
Industrial Waste ◽  
Oil And Gas ◽  
Oil Production ◽  
Oil And Gas Industry ◽  
Regulatory Mechanisms ◽  
Waste Processing ◽  
Environmental Disaster ◽  
Processing Industry ◽  
Gas Industry ◽  
The Republic

Many forecasts agree that the volume of the world oil production will soon peak and then begin to decline. Other studies conclude that stocks oils are not running out, they are becoming less available. The future is uncertain, it is impossible to plan it precisely. Nevertheless, this industry is one of the most profitable in the Republic of Kazakhstan, where oil production is constantly increasing, all regulatory mechanisms are in place, and although their effectiveness is not assessed high, however, a mechanism for interaction with all sectors of the economy has been established. Major problems were found in the regulatory and environmental management of the oil industry; however, it can be noted that in the processing industry of manufactured enterprises there is no interaction with many sectors of the economy. The authors proposed to compare the effectiveness of regulatory mechanisms in the oil and gas industry and in the industry of processing of industrial waste. Subsequently, it was revealed that the mechanisms for regulating the industrial waste processing industry were practically not developed, and the problems arising in this industry ignored by government agencies. In this way, avoiding the problems of the industrial waste processing industry brings Kazakhstan to environmental disaster.

scholarly journals HOW TO MAKE KAZAKHSTAN THE MOST COMPETITIVE AND TECHNOLOGICALLY INNOVATIVE COUNTRY OF THE WORLD

Neft i gaz ◽  
2020 ◽  
Vol 3-4 (117-1118) ◽  
pp. 7-50
Author(s):  
N.K. NADIROV ◽  
Keyword(s):  
Renewable Energy ◽  
Internal Combustion Engines ◽  
Oil And Gas ◽  
Oil Production ◽  
Oil And Gas Industry ◽  
Hydrocarbon Fuel ◽  
High Water ◽  
Scientific Publications ◽  
The World ◽  
The Republic

The oil industry, like the world economy as a whole, has been shaken by the previously unseen crisis triggeredbytheCOVID-19pandemic.Urgentmeasuresrequires tochallenge andovercomeit. Believing that only reliance on innovation, technological progress, human capital will ensure the survival of the industry, the article below outlines the essence of fundamentally new, patented or diploma-protected scientific discoveries, technologies that address to resolve the challenges and ensure the Kazakhstan’s economic, environmental and commercial supremacy in every step of oil production – from oil exploration all the way to a gas tank. The National Engineering Academy of the Republic of Kazakhstan has accumulated a large base of such solutions. In the field of exploration: space sciencecomplimenting geologicalinnovative methods, both regional and detailed, allow for an order of magnitude cheaper, more accurately identify promising search sites and discover new oil and gas fields. In the field of oil production and transportation: GALEX technologies will ensure the production of ultra-viscous, hard-to-recover oil, high water cut, depleted fields at a cost of not exceeding 4–5 dollars per barrel; transportation by pipelines of oil volumes times greater than the base volume at no costs increase. Inthefieldofoilrefining:low-temperaturehydro-conversiontechnology,technology foron-site synthesizing petroleum products from crude oil will allow deep processing of hydrocarbon products of any specifications at relatively low temperatures, produce market-demanded products with the possibility of rapid reprofiling of production. In the area of hydrocarbon fuel efficiency and environmental efficiency: to reformat hydrocarbon fuels prior being burned in internal combustion engines with savings of 30% or more, 10 НЕФТЬ И ГАЗ 2020. 3–4 (117–118) АКТУАЛЬНО with a reduction in greenhouse gas emissions by 30% or more, the elimination of poisonous substances emissions into the biosphere by 95–98%, can be used with patented andproven SALF technology and devices. In the field of renewable energy: renewable energy technologies will significantly reduce the energy intensity of the entire industry, provide the population of hard-to-reach and remote areas with cheap energy and fresh water. The references in the text are a database of scientific publications, discoveries, engineering and engineering, protected patents and diplomas, recommendations created by scientists, oil professionals, inventors of the National Academy of Engineering of the Republic of Kazakhstan, which can be submitted for use for purpose in the oil and gas industry

scholarly journals Investment Projects in Oil and Gas Industry in Uzbekistan

2018 ◽  
Author(s):  
Dinora Ishmanova
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Petroleum Products ◽  
Gas Production ◽  
Gas Extraction ◽  
Mining Operations ◽  
Gas Industry ◽  
Industrial Enterprises ◽  
Starting Point ◽  
The Republic

In recent years, the oil and gas industry of Uzbekistan has been developing very fast, and oil and gas production has grown significantly. Uzbekistan achieved oil independence. Natural gas fields in the Republic are being exported to foreign countries as well as satisfying the needs of all types of industrial enterprises and population. Growth of oil and gas extraction is achieved by opening up of new oil and gas constructions and fields, increasing the efficiency of mining operations, and applying new methods of increasing the level of resource utilization. Determining the ultimate goal of socio-economic transformations in our country is the starting point of the current reform strategy. At the same time, the focus is on ensuring the dynamic development of the fuel and energy complex, increasing oil and gas extraction and processing, and gaining energy independence of the republic. LUKOIL is one of the world's largest vertically -Integrated companies engaged in the extraction and processing of oil and gas, manufacturing of petroleum products and petrochemicals. The main areas of its activity, the Company holds a leading position in the Russian and global markets.

scholarly journals Utah

2020 ◽  
Vol 6 (3) ◽  
Author(s):  
Mark Burghardt ◽  
Gage Hart Zobell
Keyword(s):  
Crude Oil ◽  
Oil And Gas ◽  
Oil Production ◽  
Oil And Gas Industry ◽  
Legal Framework ◽  
Gas Production ◽  
Mandatory Reporting ◽  
Gas Industry ◽  
Oil And Gas Production ◽  
Crude Oil Production

Oil and gas production continues to be an important sector of Utah’s economy. Following a 25% loss in production between 2014 and 2015, Utah’s production continues to slowly rebound. Crude oil production in 2019 appears to be slightly ahead of 2018 production. Monthly production averages slightly over three million barrels, placing Utah among the top ten states in crude oil production. Along with the continuing increase in production, the state’s legal framework governing oil and gas continues to develop. This Article examines recent changes in Utah statutes and regulations along with new case law developments involving the oil and gas industry. In particular, this Article discusses a recent federal bankruptcy decision involving midstream agreements, the revision to a Utah statute that now requires mandatory reporting of unclaimed mineral interests, and recent revisions to Utah’s oil and gas regulations.

scholarly journals MECHANISMS AND INSTRUMENTS FOR ENSURING ECONOMIC SECURITY OF OIL AND PETROCHEMICAL ENTERPRISES

2020 ◽  
Vol 8 (1) ◽  
pp. 126-130
Author(s):  
Camila Weisman
Keyword(s):  
Crude Oil ◽  
Oil And Gas ◽  
Raw Materials ◽  
Oil Production ◽  
Oil And Gas Industry ◽  
Economic Security ◽  
Gas Industry ◽  
Important Direction ◽  
The Russian Federation ◽  
Oil And Gas Sector

The oil and gas industry remains for Russia the most important source of income, a strategic industry. According to official figures of the Ministry of Finance of the Russian Federation, income from the oil and gas sector, according to the results of 2019, is 40% of the total budget of the country. A large volume of crude oil and gas is exported from the country. The tax burden on raw materials reaches up to 60% of the initial cost, which makes oil production at new fields extremely unprofitable. The most important direction for the country is the transition from a strategy for the sale of crude oil products to refined ones, which have an additional cost. The article discusses the features of domestic oil production, analyzes the reasons for overpriced in comparison with competitive raw materials from other oil producing leader countries. The strategy of ensuring the economic security of the industry is noted, the main tools are listed and the mechanisms for ensuring the economic security of petrochemical industry enterprises are presented.

scholarly journals Prospects For The Application Of Digital Technologies In The Oil And Gas Industry

2021 ◽  
Vol 03 (06) ◽  
pp. 24-27
Author(s):  
Tilakov Ismoiljon Usmonovich ◽  
Keyword(s):  
Oil And Gas ◽  
Digital Technologies ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Foreign Experience ◽  
The Republic ◽  
Oil And Gas Sector ◽  
Stable Development

Advanced foreign experience shows that the development of the oil and gas sector based on digital technologies is a prerequisite for ensuring its stable development. The article substantiates the possibilities for the development of the oil and gas industry of the Republic of Uzbekistan on the basis of digital technologies.

scholarly journals Financial Performance Analysis Before and After the Decline in Oil Production: Case Study in Indonesian Oil and Gas Industry

2018 ◽  
Vol 7 (3.21) ◽  
pp. 10
Author(s):  
Wiwiek Mardawiyah Daryanto ◽  
Dety Nurfadilah
Keyword(s):  
Financial Performance ◽  
Oil And Gas ◽  
Oil Production ◽  
Oil And Gas Industry ◽  
Gas Production ◽  
Gas Industry ◽  
Oil And Gas Production ◽  
Return On Equity ◽  
Financial Condition ◽  
Before And After

Indonesia’s oil and gas industry is the huge contributor to government export revenues and foreign exchange and contributes a substantial amount to state revenue. However, the total of oil production declined around 4,41% per year since 2007, and the sharpest decline was in 2013. This situation gives impact to the performance of oil and gas industry, especially government revenues. Therefore, the purpose of this study is to measure the financial performance of Oil and Gas Industry and to examine the significance differences between the financial performance before and after the decline in oil and gas production. The data were collected from financial report and the period was divided into two periods, before the decline in production (2011 – 2012) and after the decline in production (2014 – 2015). Paired sample t-test and financial ratio analysis (FRA) were used to analyzed the data. The finding shows that the largest oil and gas company in Indonesia is still in good financial condition, although it gained loss. In addition, current ratio and return on equity had significance difference during the period of before and after a decline in oil and gas production. The authors believe that the findings will be helpful for managers who continuously attempt to explore opportunities to provide a higher return. 

scholarly journals Sustainability Reporting in the Upstream Oil and Gas Industry Between Awards and Violations: A Systematic Literature Review, Evidence From Indonesia

2021 ◽  
Author(s):  
Febrian Kwarto ◽  
Nunuy Nurafiah ◽  
Harry Suharman ◽  
Muhammad Dahlan
Keyword(s):  
Literature Review ◽  
Critical Discourse Analysis ◽  
Systematic Literature Review ◽  
Oil And Gas ◽  
Positive Impact ◽  
Sustainability Reporting ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Social Challenges ◽  
The Republic

sustainability reporting, critical paradigm, upstream oil, and gasThe operating activities of the upstream oil and gas industry directly impact the environment. This industry faces significant social challenges and directly impacts the environment. Many Reputable international sustainability institutions organize sustainability awards. However, community conditions do not have a positive impact on sustainability practices. There are vari-ous serious violations related to sustainability, environmental pollution, multiple cases of cor-ruption, human rights, and other violations. In contrast, the companies receiving this award also received inspection findings of violations committed by The Audit Board of the Republic of In-donesia. This study uses critical discourse analysis that begins with phenomena related to viola-tions of sustainability reporting from scientific journals and other references using a systematic literature review approach over the last ten years. It produces a critical paradigm that is not val-ue-free, which is the basis for framing thought utilizing the theory of hegemony. The results of this study indicate that the upstream oil and gas industries are obliged to implement Corporate Social Responsibility (CSR) practices and Sustainability Reports (SR), has biased factors that are contrary to the sustainability concept and are not under the sustainability award based on evi-dence obtained from the stages of manuscript analysis with systematic literature review

scholarly journals Main directions in the development of Russia’s oil sector in the first half of the XXI century

2019 ◽  
Vol 89 (11) ◽  
pp. 1095-1104 ◽  
Author(s):  
Alexey E. Kontorovich ◽  
Lev M. Burshtein ◽  
Valery R. Livshitc ◽  
Svetlana V. Ryzhkova
Keyword(s):  
Oil And Gas ◽  
Oil Production ◽  
Oil And Gas Industry ◽  
First Century ◽  
Special Focus ◽  
Resource Base ◽  
Gas Industry ◽  
Oil And Gas Fields ◽  
Oil Sector ◽  
Gas Fields

This paper discusses the most important aspects of the development of the oil and gas industry in Russia. To replace declining oil production in Russia, we need to change the obsolete paradigm of the development of the domestic resource base. In the twenty-first century, the priority tasks in the search for oil deposits should be the Russian Arctic shelves and immature onshore provinces as well as unique unconventional oil accumulations (Bazhenov, Domanik, Khadum, Kuonamka Formations, etc.). In addition, special focus should be placed on the exploration of small and smallest oil and gas fields, which will be developed with the collaboration of small- and medium-sized oil businesses to ensure up to 20% of domestic oil production. The shift from extensive to intensive development of Russias oil and gas sector will require the prioritizing of technological tasks.

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