scholarly journals O PAPEL DA PETROBRAS NA ECONOMIA BRASILEIRA (2003/2018): ASCENSÃO E QUEDA

GEOgraphia ◽  
2021 ◽  
Vol 23 (50) ◽  
Author(s):  
Álisson Riceto ◽  
Ronaldo Da Silva
Keyword(s):  
Natural Gas ◽  
Technological Development ◽  
International Market ◽  
World Market ◽  
Socioeconomic Indicators ◽  
Socioeconomic Conditions ◽  
Management Philosophy ◽  
Brazilian Government ◽  
The World ◽  
Oil And Natural Gas

Entre 2003 e 2018, o Brasil viveu quadros socioeconômicos opostos. Até 2013/14, a economia seguiu crescendo, os indicadores socioeconômicos melhoraram, e muito disso graças aos investimentos do setor de petróleo e gás natural. Dentro desse, os investimentos da Petrobras em desenvolvimento tecnológico e de novas fronteiras exploratórias se destacaram como um propulsor. No entanto, a partir de 2014, uma somatória de fatores promoveu uma reviravolta nesse período virtuoso da economia nacional. Baseado nesse setor energético, o objetivo deste trabalho é esclarecer tais cenários.Palavras-chave: Petrobras; Geoeconomia; Crise.PETROBRAS’ ROLE IN THE BRAZILIAN ECONOMY (2003/2018): RISE AND FALL Abstract: Between 2003 and 2018, Brazil experienced opposing socioeconomic conditions. Until 2013/14, the economy continued to grow, socioeconomic indicators improved, and much of this was driven by investments in the oil and natural gas sector headed by Petrobras. Within these, investments in technological development to make the new exploratory frontier for the pre-salt feasible stood out. In this sector, the geoeconomic performance of the Brazilian government, making Petrobras the protagonist with a new regulatory framework for exploration and reinforcing the Local Content Policy (PCL), in addition to stimulating investments in a large number of complementary sectors, made the state company gain even more prominence on the world market. However, as of 2014, the sum of domestic and international factors brought about a turnaround in this virtuous period. Deeply affected by Operation Lava Jato, by the sharp devaluation of oil in the international market between 2014 and 2016, Petrobras had its direction radically changed, especially in the governments of Michel Temer and Jair Bolsonaro. Since then, dealing with a new management philosophy, it has been reducing its investments and having privatized exploration fields, segments and subsidiaries. In this scenario, stagnant growth and even a reduction in GDP, rising unemployment, currency devaluation, an increase in the concentration of wealth and political instability are latent in the country. Thus, based on the analysis of recent reports and articles, the objective of this paper is to clarify these two moments and show how Petrobras and the oil and natural gas sector are at the center of the recent political and socioeconomic events in Brazilian society.Keywords: Petrobras; Geoeconomics; Crisis.   EL PAPEL DE PETROBRAS EN LA ECONOMÍA BRASILEÑA (2003/2018): SUBIDA Y BAJADA Resumen: Entre 2003 y 2018, Brasil experimentó condiciones socioeconómicas opuestas. Hasta 2013/14, la economía siguió creciendo, los indicadores socioeconómicos mejoraron y gran parte de esto fue impulsado por inversiones en el sector de petróleo y gas natural - encabezado por Petrobras. Entre ellas, ganan relieve las inversiones en desarrollo tecnológico para viabilizar la nueva frontera exploratoria del presal. En este sector, el desempeño geoeconómico del gobierno brasileño (haciendo de Petrobras la protagonista con un nuevo marco regulatorio para la exploración y reforzando la Política de Contenido Local - PCL), además de estimular inversiones en un gran número de sectores complementarios, hizo que la empresa estatal ganara aún más protagonismo en el mercado mundial. Sin embargo, a partir de 2014, la suma de elementos nacionales e internacionales impulsó un vuelco en este período virtuoso. Profundamente afectada por la “Operación Lava Jato”, por la fuerte devaluación del petróleo en el mercado internacional entre 2014 y 2016, Petrobras cambió radicalmente su rumbo, especialmente en los gobiernos de Michel Temer y Jair Bolsonaro. Desde entonces, con una nueva filosofía de gestión, ha reducido sus inversiones y privatizando campos, segmentos y sucursales de exploración. En este contexto, el estancamiento del crecimiento e incluso una reducción del PIB, el aumento del desempleo, la devaluación de la moneda, un aumento en la concentración de la riqueza y la inestabilidad política están latentes en el país. Así, a partir del análisis de informes y artículos recientes, el objetivo de este trabajo es esclarecer estos dos momentos y mostrar como Petrobras y el sector de petróleo y gas natural están en el centro de los recientes acontecimientos políticos y socioeconómicos de la sociedad brasileña.Palabras clave: Petrobras; Geoeconomía; Crisis.

DAYA SAING EKSPOR KARET ALAM TIGA NEGARA ITRC (INDONESIA, THAILAND, MALAYSIA) DI PASAR INTERNASIONAL PERIODE 1994-2018

2020 ◽  
Vol 4 (1) ◽  
pp. 81-87
Author(s):  
Shinta Dwi Ardanari ◽  
Rynalto Mukiwihando
Keyword(s):  
Natural Rubber ◽  
Analytical Method ◽  
International Market ◽  
World Market ◽  
Competitive Advantages ◽  
Market Demand ◽  
Export Share ◽  
Intense Competition ◽  
Time Period ◽  
The World

ABSTRACTShare of Indonesia's export value of natural rubber in the international market is almost always below Thailand, which is one of the competiting countries. The others countries began to become a threat to Indonesia because their exports share of natural rubber showed an increasing. This indicates that there is intense competition in the international market. As a country with the largest plantation area in the world, Indonesia should be superior. But this can be an opportunity to be able to compete in the world market so it is important to be managed more deeply so that it can create competitive advantages that can increase competitiveness. This study aims to determine the position of the competitiveness of natural rubber exports for the three countries of ITRC in the international market. The analytical method used is dynamic RCA. The results showed that all products of natural rubber coded HS 400110, 400121, 400122, 400129 and 400130 were experiencing a decline in growth in the export share of the three countries of ITRC : Indonesia, Thailand and Malaysia, but the market demand conditions for these products were declining in that time period.

scholarly journals Analysis of social responsibility of mining companies in the international market

2021 ◽  
Vol 303 ◽  
pp. 01003
Author(s):  
Olena Kozyrieva ◽  
Nataliia Tkalenko ◽  
Valentina Vyhovska ◽  
Alina Pinchuk
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Corporate Sustainability ◽  
International Market ◽  
World Market ◽  
The World ◽  
Governance Practice ◽  
Corporate Governance Practice ◽  
Corporate Social

The article proves that the implementation of the principles and use of the tools of corporate social responsibility can increase the reputation of the corporation and its activity in the world market. The purpose of the article is to substantiate and determine the role of corporate social responsibility of the mining and metals companies in ensuring and improving their reputation in the world market. The article substantiates that the low level of corporate governance practice and insufficient part of social contribution to the companies negatively affect formation of corporate social responsibility of the corporations. The article analyzes the indicators of Corporate sustainability and Transparency for 2018-2019 according to the professional rating of the largest Ukrainian mining and metals companies, based on leading international practices. The analysis of indicators made it possible to identify the proportional dependence of the reputation of the corporation on the measures of corporate social responsibility that the latter implements. It is determined on the basis of the study that corporate social responsibility is an effective tool to increase the competitiveness of mining and metals companies.

Turkey's Path Towards an Energy Market

2019 ◽  
pp. 122-141
Author(s):  
Haşmet Gökirmak
Keyword(s):  
Natural Gas ◽  
Market Access ◽  
Energy Market ◽  
Private Firms ◽  
The Caucasus ◽  
Natural Gas Pipeline ◽  
Capacity Market ◽  
The World ◽  
Oil And Natural Gas ◽  
Pipeline Project

This chapter discusses the possibility of developing an energy market in Turkey. Turkey currently serves as an energy transit corridor, with the Baku-Tbilisi-Ceyhan (BTC) and Kirkuk-Ceyhan pipelines and with its seaborne oil trade, where large volumes are carried by tankers through its straits. Turkey also has the potential to become an energy market with new projects connecting producers in Central Asia, the Middle East, and the Caucasus, and major consumers of oil and natural gas in Europe and other regions of the world. Two recent megaprojects, The Trans Anatolian Natural Gas Pipeline Project (TANAP) and Turkish Stream will move Turkey closer to fulfilling this dream. Turkey, however, needs to meet some requirements to be considered a mature energy market. These are related, among others, to factors such as its infrastructure, storage capacity, market reforms, and easy market access for private firms to actively participate in the energy market.

Energy availability

1987 ◽  
Vol 92 (1-2) ◽  
pp. 51-55
Author(s):  
Michel Hug
Keyword(s):  
Natural Gas ◽  
International Market ◽  
Energy Availability ◽  
Consumption Rates ◽  
Oil And Natural Gas

SynopsisThe present buyer's market in energy is likely to continue for several years, but in the longer run the disparity in resources and consumption rates among the principal fuels will result in renewed shortage and price rises for oil and natural gas. In the longer term the major energy importers must rely on the broad international market in coal and uranium. A useful insurance for power producers will be to invest overseas in the production of their fuels.

scholarly journals The volatility of natural gas prices - Structural shocks and influencing factors

2021 ◽  
Vol 37 (4) ◽  
Author(s):  
L. Stajic ◽  
B. Đorđević ◽  
S. Ilić ◽  
D. Brkić
Keyword(s):  
Natural Gas ◽  
Crude Oil ◽  
Energy Production ◽  
Coal Production ◽  
Total Production ◽  
Structural Shocks ◽  
The World ◽  
Natural Gas Prices ◽  
Oil And Natural Gas ◽  
Gas Market

The paper examines the primary drivers and factors influencing the volatility of natural gas prices in the world from January 2007 to July 2020. In addition to the narrow dependence between crude oil and natural gas prices, the influence of renewable energy production and coal production on the price of natural gas has been studied. For that purpose, the method of multiple linear regression was used. The results show that the volatility of natural gas prices significantly depends on the type of the shock in the natural gas market, and that the total production of energy from renewable sources, production of coal and natural gas and the price of crude oil have a significant impact on the price of gas.

System of econometric equations of the world market of natural gas

2018 ◽  
Author(s):  
N. I. Didenko ◽  
D. F. Skripnuk ◽  
O.V. Mirolyubova ◽  
Viktor Merkulov ◽  
V. Sevashkin ◽  
...  
Keyword(s):  
Natural Gas ◽  
World Market ◽  
The World

scholarly journals Biotechnology: Challenge for the food industry

2007 ◽  
Vol 61 (5) ◽  
pp. 246-250 ◽  
Author(s):  
Stevan Popov
Keyword(s):  
European Union ◽  
Technological Development ◽  
Plant Biotechnology ◽  
Active Role ◽  
World Market ◽  
Natural Sciences ◽  
European Federation ◽  
Industrial Biotechnology ◽  
Environment Protection ◽  
The World

According to the broadest definition, biotechnology is the use of living matter (plants, animals and microorganisms) in industry, environment protection, medicine and agriculture. Biotechnology takes a key position in the field of food processing during thousands of years. Last about fifty years brought dynamical development of knowledges in the natural sciences especially in domain of genetics and manipulation of genes. Biotechnology for which active role in the on-coming times could be foreseen, not only with respect of R&D, but also in general technological development represents scope of priority in the USA and in European Union (EU) as well. It is accepted that the results achieved in biotechnology oversize scientific domain and find their entrance into economics, legislation, quality of life and even of politics. Corresponding with the definition of biotechnology as "the integration of natural sciences and engineering in the application of microorganisms, cells, their components and molecular analogues in production (General assembly of the European federation for Biotechnology, 1989) European Commission (1999) adopted the biotechnological taxonomy, i.e. fields and sub-fields of biotechnology. R&D activities in this domain are oriented to eight fields and branched through them. Fields of biotechnology (EC, 1999) are: 1) Plant biotechnology (agricultural cultivars, trees, bushes etc); 2) Animal biotechnology; 3) Biotechnology in environment protection; 4) Industrial biotechnology (food, feed, paper, textile, pharmaceutical and chemical productions); 5) Industrial biotechnology (production of cells and research of cells - producers of food and of other commodities); 6) Development of humane and veterinarian diagnostics (therapeutical systems) 7) Development of the basic biotechnology, and 8) Nontechnical domains of biotechnology. In concordance with some judgments, in the World exist about 4000 biotechnological companies. World market of biotechnological products is increasing at the rate of some 30 percents per year, and in the year of 2000 amounted to about 140 billions of US$. Owing to this, biotechnology became one of the most intensive industries in the world. American biotechnological industry spent even in the year of 1998 about US$ 10 millions for R&D activities. European Union included the development of biotechnology into its R&D programs and projects somewhere during eighties of the last century.

scholarly journals Energy resources and importance of Turkish states in the context of globalization

2021 ◽  
Vol 1 (1) ◽  
Author(s):  
Solmaz Mukhtarova ◽  
Keyword(s):  
Natural Gas ◽  
Energy Resources ◽  
Caspian Region ◽  
Energy Needs ◽  
The World ◽  
Oil And Natural Gas ◽  
The Rich ◽  
Energy Companies ◽  
Military Friendly ◽  
Growing Population

The Turkish Republics of the Caspian region have maintained their importance throughout history and are still important for a variety of reasons. Always having strategic importance, this region is sometimes commercially military-friendly. At present, the world is on the agenda thanks to rich oil and natural gas reserves, and has not been stable for many years. The search for alternative hydrocarbon resources is to meet the growing population in the world today and thus meet growing energy needs. In this case, the countries of the Caspian region have become the countries attracting attention to the rich energy resources of Western energy and global energy companies.

Algeria could be forced into external borrowing

2020 ◽  
Keyword(s):  
Natural Gas ◽  
World Market ◽  
Foreign Exchange Reserves ◽  
Market Prices ◽  
Content Type ◽  
Oil And Natural Gas ◽  
One Year ◽  
Natural Gas Demand ◽  
External Borrowing ◽  
Budget Revenue

Significance The collapse of world market prices of oil and natural gas since early March will have a severe impact on the finances of the Algerian government, which relies on hydrocarbons sales for more than 90% of export earnings and for at least half its budget revenue. Impacts Foreign exchange reserves could fall below the level needed to cover one year of imports by the end of 2020. A slump in natural gas demand in Europe would hit Algeria hard, given that its main markets are Italy, Spain and France. Given the scale of the COVID-19 crisis, Algiers may be entitled to IMF compensatory financing with fewer conditions than a formal programme.

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