scholarly journals External and internal barriers to innovation in the oil and gas complex of Russia

2019 ◽  
Vol 27 (1) ◽  
pp. 169-179
Author(s):  
Anna V. Korenevskaya
Keyword(s):  
Economic Development ◽  
Oil And Gas ◽  
New Technologies ◽  
Objective Assessment ◽  
Analytical Data ◽  
Economic Damage ◽  
Internal Barriers ◽  
The Impact ◽  
Oil And Gas Sector

The article deals with the external and internal barriers and the results of the impact of such restrictions on the development of the innovation process in the oil and gas complex of Russia, as well as an objective assessment of the current situation in the field of innovations in the oil and gas industry. The aim of the study is to analyze the current barriers and opportunities to overcome them on the way to unlocking the potential of Russian import substitution programs, as well as the introduction of new technologies in the oil and gas industries. The study is based on the hypothesis that process innovations in the oil and gas sector have an obvious impact not only on the final results of specific companies in the industry, but also on the overall state of the national economy. Today we can observe the process of transition of the Russian economy to an innovative way of development. Such a transformation is of great importance for the further development of the country, and the strategic directions of transition to an innovative type of economic development were identified in the Concept of long-term socio-economic development in 2020. One of the long-term goals was to increase the share of innovation in the economic growth of the Russian Federation. The process of innovation in enterprises is usually long-term and involves some barriers that require systematization and substantive consideration. Thus, the article assesses the potential economic damage from the existing barriers to the innovative development of the oil and gas sector. The analysis of the sanctions pressure of Western countries on the Russian oil and gas complex companies and the effect of sanctions restrictions in the long term. The scientific base of the work is based on the data of state statistics, analytical data of fuel and energy complex companies, foreign sources, as well as on the assessments of independent experts.

DETERMINANTS OF DIVIDEND OF PUBLIC OIL AND GAS SECTOR IN INDIA

2021 ◽  
Vol 12 (1) ◽  
pp. 45-59
Author(s):  
Dharmendra S. Mistry ◽  
◽  
Pallavi C. Vyas
Keyword(s):  
Growth And Development ◽  
Oil And Gas ◽  
Research Work ◽  
Factors Affecting ◽  
The Public ◽  
Correlation Techniques ◽  
The Impact ◽  
Oil And Gas Sector ◽  
Future Growth

Dividend is the return given to the shareholders on investment made by them in company’s capital. It is paid in cash to shareholders out of companies’ profit and sometimes shareholders have an option to reinvest all or part of dividend in the company. Raising of fund for future growth and development of the significantly depend on Dividend Decision. Hence, the present study is an attempt to study the determinants of the Dividend decision. In the present paper, The impact of profit Before Tax, Assets and Long-Term Liabilities on Dividend Decision of the Public Oil and Gas Sector in India has been analysed in the present research work. Analysis for the period of 5 years i.e., 2015-16 to 2019-20 through a statistical model has been carried out. The regression and correlation techniques have been used to study the level of impact of the selected companies on the public sector of Oil and Gas Sector in India. The study found that 97% variation in the Dividend was because of a set of predictors and hence the Dividend can be predicted from a linear combination of factors affecting dividend decision i.e. PBT (Profit Before Tax), A (Assets) and L (Long-term Liabilities). It can be concluded that shareholders got an increase in Dividend with the increase in PBT. It means that shareholders got a higher return in the form of a Dividend on the fund provided by them because of increase in profits of the companies. It is observed that with the increase in Assets (means with the increase in the size of the business), correspondingly turnover and profit have increased and as a result, the return of the shareholders i.e. Dividend has also increased. On one hand, Long Term Liabilities have increased while on the other hand Dividend has also increased. It shows that the fund requirement for an increase in Assets (size of the business) has been met by the borrowed funds and equity shareholders got the benefit of Trading on Equity because the amount of Dividend has also increased

Neft-qaz sektorunun sosial-iqtisadi inkişafa təsirinin təhlili və qiymətləndirilməsi

2010 ◽  
Author(s):  
Elshan Hajizadeh ◽  
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Oil And Gas ◽  
Medium Term ◽  
Current State ◽  
Socio Economic Development ◽  
The Impact ◽  
Oil And Gas Sector

Purpose - an analysis and assessment of the current state of the manufacturing infrastructure building oil and gas sector of Azerbaijan, its role and importance in the economy, as well as assessment of the impact of this sector to the socio-economic development. Findings are evaluation of role and importance of oil and gas sector in GDP in 1988-2011, forecasting of this sector impact on economic growth in the short and medium term. Originality - evaluate the role and importance of oil and gas sector in the years 1988-2011 in the structure of the runway, the forecast of its impact on socio-economic development in the short and medium term.

Trends and Prospects of Development of the Oil and Gas Sector in the Context of Digitalization

2020 ◽  
Vol 26 (1) ◽  
pp. 35-45 ◽  
Author(s):  
A. G. Kazanin
Keyword(s):  
Oil And Gas ◽  
Digital Technologies ◽  
Oil And Gas Industry ◽  
Global Market ◽  
The Arctic ◽  
Business And Society ◽  
Gas Industry ◽  
Exploration And Production ◽  
Oil And Gas Sector

The modern oil and gas industry is heavily dependent on the processes and trends driven by the accelerating digitalization of the economy. Thus, the digitalization of the oil and gas sector has become Russia’s top priority, which involves a technological and structural transformation of all production processes and stages.Aim. The presented study aims to identify the major trends and prospects of development of the Russian oil and gas sector in the context of its digitalization and formation of the digital economy.Tasks. The authors analyze the major trends in the development of the oil and gas industry at a global scale and in Russia with allowance for the prospects of accelerated exploration of the Arctic; determine the best practices of implementation of digital technologies by oil and gas companies as well as the prospects and obstacles for the subsequent transfer of digital technologies to the Russian oil and gas industry.Methods. This study uses general scientific methods, such as analysis, synthesis, and scientific generalization.Results. Arctic hydrocarbons will become increasingly important to Russia in the long term, and their exploration and production will require the implementation of innovative technologies. Priority directions for the development of many oil and gas producers will include active application of digital technologies as a whole (different types of robots that could replace people in performing complex procedures), processing and analysis of big data using artificial intelligence to optimize processes, particularly in the field of exploration and production, processing and transportation. Digitalization of the oil and gas sector is a powerful factor in the improvement of the efficiency of the Russian economy. However, Russian companies are notably lagging behind in this field of innovative development and there are problems and high risks that need to be overcome to realize its potential for business and society.Conclusions. Given the strategic importance of the oil and gas industry for Russia, its sustainable development and national security, it is recommendable to focus on the development and implementation of digital technologies. This is crucial for the digitalization of long-term projection and strategic planning, assessment of the role and place of Russia and its largest energy companies in the global market with allowance for a maximum number of different internal and external factors.

The Role of Oil and Gas in the Economic Development of the Global Economy

2018 ◽  
Author(s):  
Paul Stevens
Keyword(s):  
Economic Development ◽  
Global Economy ◽  
Oil And Gas ◽  
Primary Energy ◽  
Oil And Gas Producers ◽  
The Future ◽  
History Of ◽  
Factor Inputs ◽  
The Impact

This chapter is concerned with the role of oil and gas in the economic development of the global economy. It focuses on the context in which established and newer oil and gas producers in developing countries must frame their policies to optimize the benefits of such resources. It outlines a history of the issue over the last twenty-five years. It considers oil and gas as factor inputs, their role in global trade, the role of oil prices in the macroeconomy and the impact of the geopolitics of oil and gas. It then considers various conventional views of the future of oil and gas in the primary energy mix. Finally, it challenges the drivers behind these conventional views of the future with an emphasis on why they may prove to be different from what is expected and how this may change the context in which producers must frame their policy responses.

Dams: Effects of Hydrological Infrastructure on Development

2019 ◽  
Vol 11 (1) ◽  
pp. 125-148
Author(s):  
Andrew Dillon ◽  
Ram Fishman
Keyword(s):  
Economic Development ◽  
Flood Control ◽  
The Body ◽  
Future Research ◽  
Emerging Issues ◽  
Potential Benefits ◽  
The Impact ◽  
Benefits And Costs ◽  
Distributional Impacts

Hydrological investments, particularly irrigation dams, have multiple potential benefits for economic development. Dams also have financial, environmental, and distributional impacts that can affect their benefits and costs. This article reviews the evidence on the impact of dams on economic development, focusing on the levels and variability of agricultural productivity, and its effect on poverty, health, electricity generation, and flood control. We also review the evidence on irrigation efficiency and collective action of dam maintenance. Throughout the discussion, we highlight the empirical challenges that restrict the body of causally interpretable impact estimates and areas in which the evidence is particularly thin. We conclude with a discussion of emerging issues pertaining to the long-term sustainability of dams’ impacts and suggest directions for future research.

scholarly journals Pembangunan Ekonomi, Industrialisasi, dan Degradasi Lingkungan Hidup di Indonesia Tahun 1967-2013: Enviromental Kuznet Curve Model

2019 ◽  
Vol 12 (1) ◽  
Author(s):  
Andi Kurniawan
Keyword(s):  
Economic Development ◽  
Error Correction ◽  
Co2 Emissions ◽  
Environmental Degradation ◽  
Environmental Damage ◽  
Kuznets Curve ◽  
Short Term ◽  
Error Correction Mechanism ◽  
The Impact

Penelitian ini bertujuan mengidentifikasi dampak pembangunan ekonomi dan proses industrialisasi terhadap Degradasi lingkungan di Indonesia baik dalam jangka panjang maupun jangka pendek. Untuk melihat pengaruh pembangunan ekonomi dan industrialisasi terhadap penurunan kualitas lingkungan di Indonesia, penelitian ini menggunakan model Enviromental Kuznet Curve (EKC) dan dengan model Error Correction Mechanism (ECM). Hasil penelitian menjelaskan bahwa dalam jangka panjang peningkatan pendapatan masyarakat dan industrilasasi berpengaruh positif  secara linier terhadap peningkatan emisi C02 dan pada tingkat pendapatan tertentu terjadi proses perbaikan lingkungan yang ditandai dengan penurunan emisi CO2. Namun dalam jangka pendek hanya industrialisasi yeng membrikan pengaruh pada peningkatan emisi CO2. Diharapkan adanya konsesus bersama antara pemerintah dan pelaku usaha (industri) dalam mengurangi dampak pencemaran serta adanya peningkatan kesadaran masyakat dalam membantu mengurangi kerusakan lingkungan hidup.   Abstract This study aims to identify the impact of economic development and industrialization to  the environmental degradation in Indonesia, both in the long term and short term. To see the effect of economic development and industrialization to the environmental degradation in Indonesia, this research was  used Environmental Kuznets Curve (EKC) model and the model of  Error Correction Mechanism (ECM). The results of the study explain that in the long term, improvement of people's income and industrialization have positive effect linearly with the increase in C02 emissions and at a certain income level there is a process improvement environment characterized by a decrease in CO2 emissions. But in the short term only industrialization which influence on the increase of CO2 emissions Expected that the consensus between the government and businesses (industri) in reducing the impact of pollution and the increased awareness of society in helping to reduce environmental damage.    

Modeling Stablization of Crane and Ship by Gyroscopic Control Using the Moving Frame Method

2018 ◽  
Author(s):  
Josef Flatlandsmo ◽  
Torbjørn Smith ◽  
Ørjan O. Halvorsen ◽  
Johnny Vinje ◽  
Thomas J. Impelluso
Keyword(s):  
Oil And Gas ◽  
New Technologies ◽  
Equations Of Motion ◽  
Long Term Results ◽  
Moving Frame ◽  
Moving Frames ◽  
Learning Modules ◽  
Moving Frame Method ◽  
Frame Method

Norwegian industries are constantly assessing new technologies and methods for more efficient and safer production in the aqua cultural, renewable energy, and oil and gas industries. These Norwegian offshore industries share a common challenge: to install new equipment and transport personnel in a safe and controllable way between ships, farms and platforms. This paper deploys the Moving Frame Method (MFM) to analyze the motion induced by a crane and controlled by a gyroscopic inertial device mounted on a ship. The crane is a simple two-link system that transfers produce and equipment to and from barges. An inertial flywheel — a gyroscope — is used to stabilize the barge during transfer. The MFM describes the dynamics of the system using modern mathematics. Lie group theory and Cartan’s moving frames are the foundation of this new approach to engineering dynamics. This, together with a restriction on the variation of the angular velocity used in Hamilton’s principle, enables an effective way of extracting the equations of motion. This project extends previous work. It accounts for the dual effect of both the crane and the stabilizing inertial device. Furthermore, this work allows for buoyancy and motor induced torques. Furthermore, this work displays the results in 3D on cell phones. The long-term results of this work leads to a robust 3D active compensation method for loading/unloading operations offshore. Finally, the interactivity between the crane and the stabilizing gyro anticipates the impending time of artificial intelligence when machines, equipped with on-board CPU’s and IP addresses, are empowered with learning modules to conduct their operations.

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