scholarly journals Government Stimulation of the Investment Demand in the Russian Oil and Gas Industry

2018 ◽  
Vol 11 (6) ◽  
pp. 91-99
Author(s):  
A. I. Masterov
Keyword(s):  
Oil Recovery ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
The State ◽  
Investment Activity ◽  
Gas Industry ◽  
Investment Demand ◽  
The Impact ◽  
Negative Factors ◽  
Further Development

The subject of the research is the state of the investment activity and investment demand in the Russian oil and gas complex taking into account negative factors that affect further development of the oil and gas industry. The purpose of the research was to expose the reasons for the low investment activity and the short investment demand in the Russian oil and gas complex threatening its further development, given the high equipment depreciation and the lack of modern technologies. The study revealed key negative factors hindering the development of the oil and gas complex and affecting the investment activity and investment demand, and showed the impact of the industry-specific features on the current situation. The need in the coordinated state policy aiming to improve the efficiency of subsoil use as well as to boost the investment activity and investment demand in the oil and gas complex is substantiated. Proposals on the state investment policy, taking into account the successful foreign experience in boosting the oil recovery effectiveness and the rational use of mineral resources, are made. It is concluded that the oil and gas complex requires modernization of the physical infrastructure of enterprises engaged in the oil and gas industry and using advanced methods of enhancing the oil recovery. But the successful solution of the above problems without government participation is hindered by high investment risks associated with the specifics of the oil and gas industry. Under these conditions, the state economic policy that encourages investment in modern methods of enhanced oil recovery and upgrading the production capacities of oil and gas enterprises is becoming increasingly important.

Consideration of Geopolitical Challenges within the Analysis of Geoenvironmental Risks for Oil and Gas Development of the Russian Arctic

2019 ◽  
Vol 16 (6) ◽  
pp. 50-59
Author(s):  
O. P. Trubitsina ◽  
V. N. Bashkin
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Optimal Operation ◽  
The Arctic ◽  
Stage Model ◽  
Oil And Gas Development ◽  
Gas Industry ◽  
The Impact ◽  
Further Development ◽  
Geopolitical Risks

The article is devoted to the consideration of geopolitical challenges for the analysis of geoenvironmental risks (GERs) in the hydrocarbon development of the Arctic territory. Geopolitical risks (GPRs), like GERs, can be transformed into opposite external environment factors of oil and gas industry facilities in the form of additional opportunities or threats, which the authors identify in detail for each type of risk. This is necessary for further development of methodological base of expert methods for GER management in the context of the implementational proposed two-stage model of the GER analysis taking to account GPR for the improvement of effectiveness making decisions to ensure optimal operation of the facility oil and gas industry and minimize the impact on the environment in the geopolitical conditions of the Arctic.The authors declare no conflict of interest

scholarly journals OIL AND GAS INDUSTRY OF UKRAINE IN REGIONAL DEVELOPMENT

2021 ◽  
Author(s):  
Tetiana Pushkar
Keyword(s):  
Economic Policy ◽  
Regional Development ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
The State ◽  
Regional Economic ◽  
Gas Industry ◽  
Regional Economic Policy ◽  
Sustainable Regional Development ◽  
The Impact

The present paper considers the functioning of the oil and gas industry of Ukraine in relation to the formation of prerequisites for sustainable regional development and identifies the impact of oil and gas industry development on the economy of the regions. The article identifies the factors that outline the prospects for the development of the industry. In analyzing the importance of the oil and gas industry for regional development, special emphasis is put on ensuring the economic security of the region. The impact of carbohydrate production on the economy of the regions is significant. In the regions where there are prerequisites for oil and gas production, the oil and gas industry forms a significant part of the social and economic conditions of regional development. By creating jobs, providing revenues to local budgets, oil and gas companies become strategically important not only to ensure the energy security of the state, but also largely determine the strategic directions of development of certain regions. The analysis of the development of the industry in terms of regions allowed to determine the criteria by which it is proposed to assess the impact of the industry on regional development and the formation of regional economic policy. Factors of regional development, which can have a significant impact on the development of the industry, are job creation, investment in the regions, inflows into local budgets, increasing innovation potential, increasing production of enterprises that provide infrastructure to the industry. The oil and gas industry is characterized by a significant degree of centralization of management, which requires constant coordination of regional interests with the governing structures of the industry. Significant influence on regional development is actively exercised by investment projects of the state company "Naftogaz of Ukraine", the implementation of which is taking place or planned in the near future. The presence of a certain resource potential for the development of the industry in some regions raises the urgency of harmonizing the strategic objectives of the industry with the establishment of effective mechanisms for sustainable regional development and regional economic policy that takes into account the prospects of carbohydrate production in Ukraine.

scholarly journals Obtaining preset properties in the hydrogenation process by controlling the state of phase boundary

2018 ◽  
Vol 56 ◽  
pp. 03028
Author(s):  
Galina Metaksa ◽  
Gulnaz Moldabaeva ◽  
Zhanat Alisheva
Keyword(s):  
Oil Recovery ◽  
Oil And Gas ◽  
Energy Content ◽  
Raw Materials ◽  
Oil And Gas Industry ◽  
The State ◽  
Gas Industry ◽  
Reservoir Rocks ◽  
Fundamental Research ◽  
High Level

The introduction of science-intensive technologies that ensure a high level of energy content and restoration of ecological balance in places of extraction and processing of commercial resources is the main condition for the successful development of independent Kazakhstan. This paper concentrates on challenges of studying the mechanisms of chemical effects on oil-reservoir rocks functioning in order to increase oil recovery. Relevance of addressing the challenges is determined by necessity to increase profitability of fossil hydrocarbons mining. The article is prepared based on the results of the works carried out within the framework of the Program of the State Science Academies for 2013-2020 period. “Earth Sciences” geological library Section No.9, “Integrated discovery and conservation of the Earth subsoils” line of fundamental research # 132, innovative processes of mineral deposits development and advenced processing of mineral raw materials”, “The Fundamental Basis of Oil and Gas Industry Innovative Technologies” project, No.ААА - 0139-2018- 0006.

Guest Editorial: Artificial Intelligence in the E&P Industry: What Have We Learned So Far and Where to Next?

2021 ◽  
Vol 73 (01) ◽  
pp. 12-13
Author(s):  
Manas Pathak ◽  
Tonya Cosby ◽  
Robert K. Perrons
Keyword(s):  
Artificial Intelligence ◽  
Science Fiction ◽  
Oil Recovery ◽  
Oil And Gas ◽  
Autonomous Systems ◽  
Oil And Gas Industry ◽  
Human Judgment ◽  
Gas Industry ◽  
The Media ◽  
And Function

Artificial intelligence (AI) has captivated the imagination of science-fiction movie audiences for many years and has been used in the upstream oil and gas industry for more than a decade (Mohaghegh 2005, 2011). But few industries evolve more quickly than those from Silicon Valley, and it accordingly follows that the technology has grown and changed considerably since this discussion began. The oil and gas industry, therefore, is at a point where it would be prudent to take stock of what has been achieved with AI in the sector, to provide a sober assessment of what has delivered value and what has not among the myriad implementations made so far, and to figure out how best to leverage this technology in the future in light of these learnings. When one looks at the long arc of AI in the oil and gas industry, a few important truths emerge. First among these is the fact that not all AI is the same. There is a spectrum of technological sophistication. Hollywood and the media have always been fascinated by the idea of artificial superintelligence and general intelligence systems capable of mimicking the actions and behaviors of real people. Those kinds of systems would have the ability to learn, perceive, understand, and function in human-like ways (Joshi 2019). As alluring as these types of AI are, however, they bear little resemblance to what actually has been delivered to the upstream industry. Instead, we mostly have seen much less ambitious “narrow AI” applications that very capably handle a specific task, such as quickly digesting thousands of pages of historical reports (Kimbleton and Matson 2018), detecting potential failures in progressive cavity pumps (Jacobs 2018), predicting oil and gas exports (Windarto et al. 2017), offering improvements for reservoir models (Mohaghegh 2011), or estimating oil-recovery factors (Mahmoud et al. 2019). But let’s face it: As impressive and commendable as these applications have been, they fall far short of the ambitious vision of highly autonomous systems that are capable of thinking about things outside of the narrow range of tasks explicitly handed to them. What is more, many of these narrow AI applications have tended to be modified versions of fairly generic solutions that were originally designed for other industries and that were then usefully extended to the oil and gas industry with a modest amount of tailoring. In other words, relatively little AI has been occurring in a way that had the oil and gas sector in mind from the outset. The second important truth is that human judgment still matters. What some technology vendors have referred to as “augmented intelligence” (Kimbleton and Matson 2018), whereby AI supplements human judgment rather than sup-plants it, is not merely an alternative way of approaching AI; rather, it is coming into focus that this is probably the most sensible way forward for this technology.

EVALUATION OF THE ABSOLUTE RESULTS OF THE LEADING COMPANIES OF THE OIL AND GAS COMPLEX: PROBLEMS AND PROSPECTS

2021 ◽  
Vol 3 (11) ◽  
pp. 6-12
Author(s):  
Lyudmila V. Goloshchapova ◽  
◽  
Elena V. Maltseva ◽  
Keyword(s):  
Oil And Gas ◽  
Balance Sheet ◽  
Oil And Gas Industry ◽  
Financial Statements ◽  
The State ◽  
Gas Industry ◽  
Factors Affecting ◽  
Complex Problems ◽  
The Absolute ◽  
Statistical Indicators

The study is devoted to the analysis of the balance sheet profit of the leading companies in the oil and gas industry. The types of profits were considered, as well as the dynamics of the changes in indicators affecting their formation were analyzed. In addition, the article considers the composition and struc-ture of the balance sheet profit, factors affecting its size. Based on the financial statements of the companies, an idea of the state of profit in the companies «Rosneft», «Lukoil», «Gazprom» and «Tatneft» has been com-piled. The paper analyzes quantitative statistical indicators that reflect the results achieved from 2016–2020.

Study the effect of casting temperature on details from thermo-plastic materials

2020 ◽  
pp. 42-45
Author(s):  
J.A. Kerimov ◽  
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Mold Temperature ◽  
Quality Parameters ◽  
Oil Field ◽  
Casting Temperature ◽  
Gas Industry ◽  
Field Equipment ◽  
Wide Range ◽  
The Impact

The implementation of plastic details in various constructions enables to reduce the prime cost and labor intensity of machine and device manufacturing, decrease the weight of design and improve their quality and reliability at the same time. The studies were carried out with the aim of labor productivity increase and substitution of colored and black metals with plastic masses. For this purpose, the details with certain characteristics were selected for further implementation of developed technological process in oil-gas industry. The paper investigates the impact of cylinder and compression mold temperature on the quality parameters (shrinkage and hardness) of plastic details in oil-field equipment. The accessible boundaries of quality indicators of the details operated in the equipment of exploration, drilling and exploitation of oil and gas industry are studied in a wide range of mode parameters. The mathematic dependences between quality parameters (shrinkage and hardness) of the details on casting temperature are specified.

On Approaches to Taking into Account the Risks of Changing Climatic Conditions when Planning and Implementing Oil and Gas Projects

2021 ◽  
Vol 18 (1) ◽  
pp. 52-65
Author(s):  
P. N. Mikheev
Keyword(s):  
Climate Change ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Climatic Conditions ◽  
Qualitative Assessment ◽  
Physical Factors ◽  
Gas Industry ◽  
Climate Risks ◽  
The Impact

The article discusses issues related to the impact of climate change on the objects of the oil and gas industry. The main trends in climate change on a global and regional (on the territory of Russian Federation) scale are outlined. Possible approaches to the identification and assessment of climate risks are discussed. The role of climatic risks as physical factors at various stages of development and implementation of oil and gas projects is shown. Based on the example of oil and gas facilities in the Tomsk region, a qualitative assessment of the level of potential risk from a weather and climatic perspective is given. Approaches to creating a risk management and adaptation system to climate change are presented.

scholarly journals How Oil Contracts Affect Human Rights

2018 ◽  
Vol 3 (4) ◽  
pp. 30
Author(s):  
Maria João Mimoso ◽  
Clara da Conceição de Sousa Alves ◽  
Diogo Filipe Dias Gonçalves
Keyword(s):  
Human Rights ◽  
Oil And Gas ◽  
Social Issues ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Oil Companies ◽  
The Social ◽  
Oil Contracts ◽  
The 19Th Century ◽  
The Impact

Since the beginning of the 19th century, we have assisted major proliferation of the oil and gas industry. This phenomenon of exponential growth is due to the fact that oil companies hold the world’s oil monopoly on the extraction, processing and commercialization. Therefore, as being one of the most influential sectors in the world, is crucial to strictly regulate how oil and gas contracts concerns the potential environmental and social impacts arising from the conduct of petroleum operations and how such behavior affects the human rights. As a matter of fact, the social issues field is an emerging area, and despite such importance, oil contracts do not often deal with them in great detail, corresponding to an actual emptiness of the human rights provisions. In terms of responsibly, oil companies, have an inalienable obligation to ensure that their actions do not violate human rights or contribute for their violation. This study aims to trace a detailed analysis of the impact of the oil and gas agreements in human rights. In order to fully comprehend the deep effects of this industry, we will examine, in detail, numerous of published oil and gas agreements, as well as, decode which are the real standards and practices accepted by this industry. We will use a deductive and speculative reasoning. We will try to demonstrate how incipient and short protection is given to human rights and what responsible conducts must urgently be developed.

scholarly journals THE IMPACT OF ICTS ON CORE SECTORS OF THE NIGERIAN ECONOMY

2013 ◽  
Vol 1 (3) ◽  
pp. 58-62
Author(s):  
Dike Ike
Keyword(s):  
Business Processes ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Managerial Decision ◽  
Gas Industry ◽  
Agricultural Industry ◽  
Human Endeavor ◽  
Efficiency And Effectiveness ◽  
Information And Communication ◽  
The Impact

Information and Communication Technology (ICT) has taken the center stage in almost every aspect of human endeavor. ICT help companies to improve the efficiency and effectiveness of services offered to customers, and thus enhances business processes, managerial decision making, and workgroup collaborations, thus strengthening their competitive positions in rapidly changing and emerging economies. This paper considers the impacts and trends of ICTs on core sectors of the Nigerian economy. Three core industry sectors of the Nigerian economy were examined namely: Banking Industry, Oil and Gas Industry, and Agricultural Industry in order to examine the level of impact ICTs have on the overall Nigerian economy.

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