Swing Oil Production and the Role of Credit: A Synthesis of Best-in-Class Research Views

2016 ◽  
Author(s):  
Hilary Till
Keyword(s):  
Author(s):  
Yu. Kanataev

The author, head of the Association of science-intensive enterprises having great experience in exploration of oil, precious metals, etc. in Russia and abroad (Austria, China, Israel, Ethiopia), first implemented on an industrial scale deep processing of oil using domestic technology, discusses the problems of further development of the Russian economy through the prism of their solutions to the main industries — oil and petrochemical complex.


2019 ◽  
Vol 26 (12) ◽  
pp. 27-38
Author(s):  
M. R. Еfimova ◽  
N. A. Korolkova

The article proposes an improved system of statistical indicators for assessing the state and development of the fuel and energy complex of Russia, which defines a methodological approach to identifying factors and trends in its development. The introduction highlights the relevance of modernization of information and methodological support for reaching decisions on new tasks, including those related to the digitalization of the economy and implementation of the national projects’ portfolio. The body of the article critically examines the current configuration of official and departmental statistical information, based on which the authors selected 85 key indicators reflecting the state and development level of the fuel and energy complex of Russia. All of them can be delineated by sectors and analysis tasks. This evaluation system includes 7 blocks: general block characterizing the role of the fuel and energy complex in the economic system; key industry performance indicators; indicators of the production structure by industry; technological indicators of industries; prices for fuel and energy resources; production costs by industry; distribution indicators of fuel and energy resources. The paper analyses development trends in the fuel and energy sectors for 2008-2018. In particular, the authors’ research showed that modern oil production is characterized by a change in the territorial structure, as well as the reinstatement of the role of vertically integrated companies in the development of oil production. The article presents findings on the technological upgrading of Russian oil refining. However, the authors’ research proved that oil refining depth has ceased to be a reliable indicator of the level of technological equipment and modernization level of oil refineries. With regard to the development of the gas industry, there has been a steady increase in gas production, which is supported by maintaining a steady increase in demand for Russian gas in the domestic and foreign markets. The all-time high domestic consumer demand for gas fuel, associated with the Russian Regions Gasification Program implemented by the Ministry of Energy of Russia, was recorded. At the same time, the authors identified the main risk factors in the development of the industry related to Gazprom (a backbone of the energy sector) activities. The persistent positive growth dynamics in commodity production of associated petroleum gas was established. It was also noted that the highest percentage of its beneficial use is characteristic of operators of production sharing agreements. As for the results of the analysis of the coal industry, a matter of interest is the growth of domestic prices for coal products and related derivative trends. Particular attention is paid to the development of the possibilities of using over-the-counter coal price indicators. Replacement of coal with natural gas at a thermal power station in most regions of the country is of interest within the identified development trends of the electric power industry in Russia, which is explained by the environmental friendliness of electricity generation.


RSC Advances ◽  
2019 ◽  
Vol 9 (71) ◽  
pp. 41962-41969 ◽  
Author(s):  
Wenchao Yang ◽  
Zhaowei Wang ◽  
Jianbo Han ◽  
Shuang Song ◽  
Yong Zhang ◽  
...  

In order to understand the effects of the major algal components-carbohydrates and proteins on the hydrothermal liquefaction (HTL) process of algae, the HTL of polysaccharides or proteins with lipids was performed at 220, 260, 300 °C, respectively.


1992 ◽  
Vol 10 (2) ◽  
pp. 131-140
Author(s):  
Donald I. Hertzmark

In the 1980s, Asian energy markets expanded at a rapid rate to meet the surge in demand from Japan, Korea, and Taiwan. This demand boom coincided with an increase in non-OPEC oil production in the region. As oil production stabilizes, demand looks set to rise sharply, this time in the new Newly Industrialized Countries of Southeast Asia, Thailand, Malaysia, and Indonesia. Natural gas will play a key role in this expansion of energy use and could start to lead rather than follow oil markets. The leading role of natural gas will be especially strong if gas starts to make inroads in the high and middle ends of the barrel with oxygenated gasoline and compressed natural gas for trucks. At the bottom of the barrel, natural gas could increasingly usurp the role of residual fuel oil for environmental reasons. At the same time, regional refiners could find that residual oil is their leading source of additional feed for the new process units currently under discussion or planning. The supply outlook for natural gas is increasingly fraught with uncertainties as more of the region's supplies must come from distant areas. In particular, LNG supplies from Malaysia and Indonesia will need to be replaced by the early part of the next century as rising domestic demand eats into the exportable gas production. New sources include China, Siberia, Sakhalin Island, Papua New Guinea, and Canada. There will be intense competition to supply the Northeast Asian markets as the gas production in Southeast Asia is increasingly used within ASEAN.


Author(s):  
D. A. Talagaeva ◽  
A. A. Trashchenko

Today Norway is a highly developed country with a predominantly service sector in the economic structure. However, oil continues to play a major role in the life of the state and society as one third of state revenues is based on oil resources, while export of raw materials totals more than a half of the country's overall export. However, it is not quite possible to cover the entire oil sector in Norway within the scope of one piece of work due to the differences in the characteristics of each of the three sources of the country's oil. In this context, the resources of the Norwegian and Barents Seas are associated with the problems of the Arctic and the Arctic law. At the same time, the North Sea is the most regulated area, besides it is the so called "homeland" of the oil production in Norway. Thus, this paper analyzes the role of the North Sea oil in the economy of Norway, which is the basis of its economic prosperity. Due to its oil revenues, Norway was once able to build a welfare state. Also the unique system of accumulation of oil revenues, which is reflected in the functioning of the Government Pension Fund of Norway, is a relevant issue as well. The article deals with the emergence of the oil industry in the country from a historical perspective, and analyzes its current state, including a detailed analysis of the existing fields and pipelines. Furthermore, the authors propose the estimation of state revenues from the oil production in the North Sea.


2020 ◽  
pp. 138-196
Author(s):  
Micaela Langellotti

This chapter investigates the village agricultural economy, and the evidence for landowning in the early Roman period is interpreted against the generally accepted framework of land tenure in Roman Egypt. The first part of the chapter investigates the location, distribution, and management of the different categories of land. In light of the land-related contracts that were registered at the record-office, a second section discusses the identity and social status of the holders of public land and owners and tenants of private land, their social and economic relations, and how these affected the general social structure of the village. The last part of the chapter examines the role of viticulture, oil production, and pastoralism.


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