Movers and Shakers: Stock Market Response to Induced Seismicity in Oil and Gas Business

Investors increasingly need to account for concerns about non-financial performance and to consider the environmental impact of fossil fuel investment. We analyze how financial investors appreciate induced seismicity in oil and gas fields in the US and the Netherlands. We employ an event study to investigate the stock market reaction of investors in two fossil fuel majors, ExxonMobil and Royal Dutch Shell. We establish that stock market participants’ response is positively but weakly related to induced seismicity with ExxonMobil. This suggests that markets might interpret this seismicity as a signal of future productivity. With Royal Dutch Shell, there is no significant association, suggesting that their investors do not specifically appreciate its externalities. We conclude that the externality of induced seismicity goes unpriced.

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Drilling for the future: Gendered justifications of the Arctic fossil fuel industry

Polar Record ◽

10.1017/s003224742000042x ◽

2020 ◽

Vol 56 ◽

Author(s):

Sohvi Kangasluoma

Keyword(s):

Fossil Fuel ◽

Oil And Gas ◽

The Arctic ◽

Public Marketing ◽

Oil And Gas Fields ◽

Global Environmental ◽

Fossil Fuel Industry ◽

Fuel Industry ◽

Gas Fields ◽

Opening Up

Abstract Despite the global alarm caused by accelerating climate change, hydrocarbon companies are exploring and opening up new oil and gas fields all over the world, including the Arctic. With increasing attention on the Arctic, companies address the growing global environmental pressure in their public marketing in various ways. This article examines the webpages of Norwegian Equinor and Russian Gazprom & Gazprom Neft. Building on feminist discussions, I analyse the different justification strategies these fossil fuel companies working in the Arctic utilise in order to support their ongoing operations. This article concludes that in order to justify their operations in the Arctic, the Norwegian and Russian companies emphasise values based on discourses that have historically and culturally been associated with masculine practices, such as the control of nature enabled by technology. These justifications are thus reinforcing the narrative of the Arctic as a territory to be conquered and mastered. Even though the companies operate in different sociopolitical contexts, the grounds of justification are rather similar. Their biggest differences occur in their visual presentations of gender, which I argue is part of the justification. Approaching the fossil fuel industry from a feminist perspective allows questioning the dominant conceptualisations, which the justifications of Arctic hydrocarbon companies are based on.

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World Class CO2 Sequestration Potential in Saline Formations, Oil and Gas Fields, Coal, and Shale: The US Southeast Regional Carbon Sequestration Partnership Has It All

10.2118/126619-ms ◽

2009 ◽

Cited By ~ 4

Author(s):

Robin L. Petrusak ◽

David Edward Riestenberg ◽

Patricia Lee Goad ◽

Karine Chrystel Schepers ◽

Jack Pashin ◽

...

Keyword(s):

Carbon Sequestration ◽

Co2 Sequestration ◽

Oil And Gas ◽

Oil And Gas Fields ◽

Sequestration Potential ◽

The Us ◽

World Class ◽

Gas Fields

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Coupled Chaotic and Hyperchaotic Dynamics of Actuated Butterfly Valves Operating in Series

Volume 2: Mechatronics; Mechatronics and Controls in Advanced Manufacturing; Modeling and Control of Automotive Systems and Combustion Engines; Modeling and Validation; Motion and Vibration Control Applications; Multi-Agent and Networked Systems; Path Planning and Motion Control; Robot Manipulators; Sensors and Actuators; Tracking Control Systems; Uncertain Systems and Robustness; Unmanned, Ground and Surface Robotics; Vehicle Dynamic Controls; Vehicle Dynamics and Traffic Control ◽

10.1115/dscc2016-9601 ◽

2016 ◽

Cited By ~ 4

Author(s):

Peiman Naseradinmousavi ◽

Mostafa Bagheri ◽

Miroslav Krstić ◽

C. Nataraj

Keyword(s):

Dynamic Analysis ◽

Oil And Gas ◽

Nonlinear Dynamic Analysis ◽

Oil And Gas Fields ◽

The Us ◽

In Series ◽

Unstable Configuration ◽

Piping Networks ◽

Stability Issues ◽

Gas Fields

In this effort, we focus on determining the safe operational domain of a coupled actuator-valve configuration. The so-called “Smart Valves” system has increasingly been used in critical applications and missions including municipal piping networks, oil and gas fields, petrochemical plants, and more importantly, the US Navy ships. A comprehensive dynamic analysis is hence needed to be carried out for capturing dangerous behaviors observed repeatedly in practice. Using some powerful tools of nonlinear dynamic analysis including Lyapunov exponents and Poincaré map, a comprehensive stability map is provided in order to determine the safe operational domain of the network in addition to characterizing the responses obtained. Coupled chaotic and hyperchaotic dynamics of two coupled solenoid actuated butterfly valves are captured by running the network for some critical values through interconnected flow loads affected by the coupled actuators’ variables. The significant effect of an unstable configuration of the valve-actuator on another set is thoroughly investigated to discuss the expected stability issues of a remote set due to others and vice versa.

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