2 Venezuela After a Century of Oil Exploitation

2015 ◽  
pp. 51-90
Author(s):  
Osmel Manzano
Keyword(s):  
2014 ◽  
Vol 1 (1) ◽  
pp. 379-384
Author(s):  
Daniela Cristina Momete ◽  
Tudor Prisecaru

AbstractA new industrial revolution is on the verge in the energy domain considering the knowledge and skills acquired through the development of new energy technologies. Shale gas processing, unconventional oil exploitation, new exploring/drilling methods, mature renewable energy or in progress, all generated a wealth of knowledge in new technology. Therefore, this paper aims to analyse the positive and negative aspects of energy solutions, and to reveal the way to a world where a valid sustainable development, based on safe and rational premises, is actually considered. The paper also introduces suggestions for the energy system, which has a crucial importance in coping with the resource management of the future, where the economic, social, and environmental/climate needs of the post-crisis world should be suitably considered.


2016 ◽  
Vol 27 (7) ◽  
pp. 1771-1780 ◽  
Author(s):  
Jaime Villacís ◽  
Cristina Armas ◽  
Susana Hang ◽  
Fernando Casanoves

2014 ◽  
Vol 67 (4) ◽  
pp. 373-378 ◽  
Author(s):  
Carlos Mouallem ◽  
Wilson Trigueiro de Sousa ◽  
Ivo Eyer Cabral ◽  
Adilson Curi

Hydraulic fracturing emerges currently, all over the world, as one of the more strategic techniques used by companies in the oil exploitation sector. This technique is characterized by its high productivity and profit in relation to conventional methods of hydrocarbon exploitation. However, in many countries, as is the case of Brazil, there are several divergences considering the employment of this methodology. Many renowned researchers attest that there are several irreversible environmental impacts generated by the use of this methodology. Among the main environmental impacts are the risk of groundwater level contamination, the risk of surface subsidence, and the risk of the environment contamination with fluids used in the process of the oil and gas extraction.


2016 ◽  
Vol 12 (11) ◽  
pp. 170
Author(s):  
Bernard O. Itebiye

This paper is a critical discourse on the Biblical panacea for the unending agitations for resource control in Nigeria Niger Delta. It aimed at finding out if the Biblical concept of Justice (Hebrew, צִדקָהָ ) and equity (Hebrew, מיֵשָׁר ), which are the hall marks of every society that operates under the rule of Law, have been duly applied in the Niger Delta crisis. The analyses employed Critical Discourse Analysis (CDA) framework. Data gathered both from the primary and secondary sources were analyzed through the hermeneutical, descriptive and analytical methods. The findings of the paper are that Niger Delta peoples have a right to far better living condition than is on offer presently, and available data justify this claim. The paper is of the view that the Biblical concept of Justice (Hebrew, צִדקָהָ ) and equity (Hebrew, מיֵשָׁר ), as prescribed in Numbers 31: 27, can be applied in the Niger Delta agitation issue. In the light of the above findings, the paper concludes that to achieve the desired peace, anchored on the Old Testament idea there is the need to engage every oil bearing community as a stake holder in the entire process of oil exploitation in their community.


2019 ◽  
Vol 12 (5) ◽  
pp. 365-368
Author(s):  
Luis Fernando Panelli

Abstract The Co-operative Republic of Guyana has become one of the most interesting and dynamic oil producing countries in the world at the start of the 21st century. The country already holds 5 billion barrels of proved reserves, which will certainly grow with new discoveries. Exxon leads a consortium of four companies that have the concession of the Stabroek Block (Liza Field), where nine discoveries have been made so far. Five FPSOs will be operating in the future, one of which is due to arrive in Guyana before the end of 2019 and another is due for 2020. By then, the country will be producing 340,000 barrels a day. This production will double and then reach 1 million barrels a day before the end of the next decade. The challenges and opportunities regarding the Guyanese people are dire. The lack of proper infrastructure is certainly one of the biggest challenges. But it is important to stress that the oil proceeds will transform Guyana into the highest GDP per capita of South America. The political stage is also analysed, since political instability might raise concerns for long-term investors. The Venezuela–Guyana differences regarding the sovereignty of the Essequibo Region are again a cause for concern. Brazil is a key player in supporting the geopolitical stability of South America. Presidential elections will be held in 2019/2020: the dispute will probably be between the current President Granger and the Opposition candidate Irfaan Ali. Guyana has a lot to profit from the wealth brought by oil exploitation, but its people fear the risk of growing corruption.


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