Environmental sustainability: management perception in oil and gas industry in Libya

Author(s):  
Nahg AbdulMajid Alawi ◽  
Khairi Ahmed Masaud
2019 ◽  
Vol 59 (3) ◽  
Author(s):  
Peter Bennett

In this era of technological disruption, when many industries are fighting to stay relevant, the oil and gas industry seems to be stagnant. It is in this environment where public perception of the modern industry is becoming more critical and as younger consumers grow in both number and political influence, their viewpoints will become especially vital to the continued relevance of the industry. The oil and gas industry gives itself high marks for innovation, safety and environmental sustainability, and yet the public opinion in these areas is often portrayed very negatively. We have an image problem. The belief that oil and gas is good for society seems to decline with each younger generation. The public believes the industry is necessary for society, though they still see it as a problem causer, not a problem solver. But support for the industry falls with each generation and millennials are more likely to believe the industry is bad for society and a problem causer. The oil and gas industry needs to communicate and engage with consumers to identify ways to better understand their motivations and concerns. Clearly there is a gap in how the public and executives view the industry and the time to address these perceptions is now. To view the video, click the link on the right.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Yasmeen Shamsi Rizvi ◽  
Raksha Garg

PurposeManagers and management studies have for long assumed the separation of humans and nature that led to criticisms due to overexploitation of resources. This prompted organizations to adopt effective environmental management strategies. In this context, the specialized literature states that green human resource management (GHRM) and green transformational leadership (GTFL) coupled with Green Culture (GC) is considered a central aspect in improving the organization's environmental performance (EP). Based on this argument, this study has shown how GHRM strategies as studied under the heading – green ability, motivation and opportunity (GAMO) and GTFL can help in improving the EP of organizations. Studies have highlighted culture as an important mediator, we have therefore explored the mediating effect of green culture between GAMO and EP and between GTFL and EP.Design/methodology/approachUsing ability, motivation, opportunity theory and resource-based view, we have developed a model with GAMO and GTFL as independent variables, GC as a mediator and EP as the dependent variable. Data was collected from 150 top and middle-level managers working in Indian oil and gas companies, which is 50% of the target sample size and has been analysed using structural equation modelling.FindingsThe research identifies that GAMO and GTFL, in fact, positively influence the EP of organizations. Moreover, GC was found to have a partial mediating effect between both GAMO and EP and GTFL and EP.Research limitations/implicationsDue to several constraints, this study is designed to be cross-sectional. Longitudinal study is encouraged in this area. Further, the study is based on oil and gas industry operating in India, going forward the study can be extended to other sectors, to increase the generalizability of the findings.Practical implicationsThis study clearly shows that by investing in GHRM strategies, organizations will ultimately improve in green activities to improve see improvement in the firm's EP. The findings of this study that clarifies the importance of GTFL in building suitable culture give evidence to the leaders on why they should play a proactive role in leading employees towards environmental sustainability.Originality/valueThe originality of this study lies in studying the simultaneous effect of GTFL and GAMO for improving the EP. Also, studies on green management literature have mostly missed out on the important role of GC in improving EP which is addressed in this study. The data has been collected from oil and gas industry operating in India, which to the best of our knowledge is the first attempt. Overall this study has contributed to the literature on environmental sustainability by underpinning the empirical relationship between GC, GAMO, GTFL and EP which until now has been mostly limited to the conceptual level.


2021 ◽  
Vol 13 (11) ◽  
pp. 6266
Author(s):  
Nunzia Capobianco ◽  
Vincenzo Basile ◽  
Francesca Loia ◽  
Roberto Vona

The growing complexity of environmental challenges has progressively led to the emergence of Sustainable Business Models (SBMs) able to embed economic, environmental, and social flows in a unified value network. All sectors are demanding innovative and sustainable solutions, including the oil and gas industry, which aims to address the issues about the decommissioning of offshore platforms. However, although the relevant literature highlighted the potentialities related to a multi-reuse of these structures, the effect of Sustainable Decommissioning (SD) on macro-environmental factors is still an open question. Based on these considerations, this study follows a Political, Economic, Social, Technological, Legal, and Environmental (PESTLE) analysis according to semi-structured interviews conducted with oil and gas key informants and stakeholders in the Italian context. The results of the analysis can provide a novel thinking for addressing the challenges related to a sustainable decommissioning of offshore platforms and shed light on the importance of synergistic efforts by local entrepreneurship and institutional arrangements to combine economic and environmental sustainability with social needs. This paper can contribute to the emerging field of sustainable business models related to the decommissioning of offshore platforms and suggests avenues for future research.


2020 ◽  
Vol 78 (7) ◽  
pp. 861-868
Author(s):  
Casper Wassink ◽  
Marc Grenier ◽  
Oliver Roy ◽  
Neil Pearson

2004 ◽  
pp. 51-69 ◽  
Author(s):  
E. Sharipova ◽  
I. Tcherkashin

Federal tax revenues from the main sectors of the Russian economy after the 1998 crisis are examined in the article. Authors present the structure of revenues from these sectors by main taxes for 1999-2003 and prospects for 2004. Emphasis is given to an increasing dependence of budget on revenues from oil and gas industries. The share of proceeds from these sectors has reached 1/3 of total federal revenues. To explain this fact world oil prices dynamics and changes in tax legislation in Russia are considered. Empirical results show strong dependence of budget revenues on oil prices. The analysis of changes in tax legislation in oil and gas industry shows that the government has managed to redistribute resource rent in favor of the state.


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