scholarly journals Forest Conversion in Upstream Oil and Gas Industry Area

2020 ◽  
Vol 1 (3) ◽  
pp. 256-264
Author(s):  
Meyzi Heriyanto ◽  
Bayu Andrianto Wirawan ◽  
Darwis, AN
Keyword(s):  
Oil And Gas ◽  
Grid Method ◽  
Wald Test ◽  
Oil And Gas Industry ◽  
Active Role ◽  
Systematic Sampling ◽  
Forest Conversion ◽  
Economic Activities ◽  
Gas Industry ◽  
Industry Area

Forest conversion is the root of the problem that can hamper investment, state revenue, and potentially cause state losses. The purpose of this study was to analyze forest conversion in the upstream oil and gas industry area and the factors that influence forest conversion in the upstream oil and gas industry area based on spatial analysis. This study used systematic sampling with the point grid method measuring 1 kilometers * 1 kilometers. Rokan Block had 5,125 sampling points. This study used raster-based GIS analysis and logistic regression with the Wald Test. The results of the study showed that the Rokan Block Area experienced a fairly severe forest conversion in 2000-2014 influenced by the total population and The 1986 TGHK. The novelty of this study is that the active role of communities around the forests that still upholds the concern for the forest must be preserved, because they will be the front guard in securing forest encroachment, and upstream oil and gas industry are not the main economic activities that cause forest conversion

Analyzing the assets of the world’s leading public oil and gas corporations

2020 ◽  
Vol 19 (2) ◽  
pp. 359-373
Author(s):  
O.V. Shimko
Keyword(s):  
Statistical Analysis ◽  
Public Sector ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Annual Reports ◽  
Economic Activities ◽  
Public Companies ◽  
Gas Industry ◽  
The Public ◽  
Oil And Gas Companies

Subject. The article analyzes assets of the largest public companies operating in the oil and gas industry from 2006 to 2018, like ExxonMobil, Chevron, ConocoPhillips, Occidental Petroleum, Devon Energy, Anadarko Petroleum, PAO Gazprom, PAO NK Rosneft, PAO LUKOIL, and others. Objectives. The aim is to make a comprehensive statistical analysis of changes in absolute values and the structure of assets in the public sector of the oil and gas industry. Methods. The study employs methods of statistical analysis and generalization of materials of official annual reports based on the results of financial and economic activities of the largest public oil and gas corporations. Results. Using the comprehensive analysis of balance sheets of 25 oil and gas companies, I determine changes in the size and structure of assets in the public sector of the industry, and establish the main factors that contributed to this transformation. Conclusions. The findings revealed an increase in the book value of assets in the majority of leading public oil and gas companies. Large mergers and acquisitions and agreements for new field developments also contributed to the increase. The study established that the protracted industry crisis resulted in reducing the proportion of current assets in order to release funds for revenue increase. That was why oil and gas companies sought to accelerate the collection of receivables, primarily by means of trade component. It was also determined that they channeled a part of funds thus collected to short-term financial investments.

scholarly journals KETIMPANGAN PENDAPATAN DAN POTENSI SEKTORAL DI KALIMANTAN TIMUR TAHUN 2002-2004

1969 ◽  
Vol 2 (3) ◽  
Author(s):  
Mayahayati Kusumaningrum
Keyword(s):  
Natural Resource ◽  
Oil And Gas ◽  
Local Development ◽  
Third Sector ◽  
Oil And Gas Industry ◽  
Developed Countries ◽  
Economic Activities ◽  
Location Quotient ◽  
Gas Industry ◽  
East Kalimantan

One of common characteristics of the less-developed countries is widespread of economic inequality among their regions. The problem of regional disparity occurs due to differentiation of both quality and quantity of human and natural resources. Indonesia is a classic example of a country with deep economic gap among its provinces. Ironically, East Kalimantan as one of the richest provinces in Indonesia has experienced the similar case. The development of Cities is approximately faster than that of Districts. Such situation is contributed by some factors such as concentration of economic activities, uneven distribution of investment, mobility rate of production, deprived domestic and international trade, etc. The implementation of policy on regional autonomy is intended to minimize such development upheaval. To some extent, however, autonomy laws have been sharpening the disparity among regions, particularly between oil-and-gas-based-regions and non-oiland- gas-based-regions. It means that natural resource (i.e. oil and gas) industry plays crucial role in escalating local development, especially where third sector (services, technology-based, communication, etc) is poorly developed. In the long-term perspective, the dependency on natural resource which is nonrenewable should be shifted to other sector having the potency to be continuously renewed. By using affiliation from Location Quotient (LQ) analysis, this paper tries to excavate the potency and inequality of economic development in East Kalimantan Province. The analysis aims to identify the priority of sound development sector in certain area and finding out the area owning advantage of location from any sector, in order to improve efficiency of economic activities.Keywords: ketimpangan ekonomi/pendapatan, sektor potensial, Kalimantan Timur.

Energy Industry Offers Limitless Opportunities for Technical Professionals

2007 ◽  
Vol 01 (01) ◽  
pp. 4-5
Author(s):  
Stuart R. McGill
Keyword(s):  
Oil And Gas ◽  
Driving Forces ◽  
Oil And Gas Industry ◽  
Active Role ◽  
Energy Industry ◽  
Gas Industry ◽  
The People ◽  
Energy Needs ◽  
Open Work ◽  
Technical Professionals

Executive Perspective - Talent and technology will be the driving forces of innovation and ingenuity that propel the oil and gas industry forward. The industry must take an active role in ensuring that organizations have access to the people and tools that can satisfy the world's energy needs. That means supporting education in the technical sciences and creating productive, open work cultures.

scholarly journals Composite leading indicators of economic activity: An application to the upstream oil and gas industry in Rio de Janeiro

2020 ◽  
Vol 18 (2) ◽  
pp. 55
Author(s):  
Rafael Gonçalves Patrocínio ◽  
Jéfferson Augusto Colombo
Keyword(s):  
Economic Activity ◽  
Rio De Janeiro ◽  
Oil And Gas ◽  
Statistical Tests ◽  
Turning Points ◽  
Oil And Gas Industry ◽  
Economic Activities ◽  
Gas Industry ◽  
Leading Indicator ◽  
Prime Movers

This paper proposes a monthly composite leading indicator to anticipate turning points in the economic activity of the upstream oil and gas industry in Rio de Janeiro, from January 2002 to May 2019. Firstly, we build a database with 61 series, and categorize each of them into i) rapidly responsive to economic activities; ii) expectation-sensitive; or iii) prime movers indicators. Afterward, we remove the seasonality of the series through the X-13 ARIMA-SEATS method and use the Bry-Boschan algorithm to identify the cycles. Then, we evaluate the components’ fit to integrate the composite leading indicator through four statistical tests: cross-correlation, quadratic probability score, Granger causality, and probit. The assessment of the composite leading indicator demonstrates that it leads 67% of the peaks and 100% of the troughs in the target series (5/6 of the turning points). Furthermore, the average leading period is 8.4 months, while the median is 9 and the standard error is 2.8 months. We contribute to the literature by creating, to our knowledge, the first leading indicator for the oil and gas industry in Brazil.

Deployment of Digital NDT Solutions in the Oil and Gas Industry

2020 ◽  
Vol 78 (7) ◽  
pp. 861-868
Author(s):  
Casper Wassink ◽  
Marc Grenier ◽  
Oliver Roy ◽  
Neil Pearson
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Gas Industry

What Does Rent Give to Federal Budget (on the Russia's Budget Dependence upon "Oil Dollars")

2004 ◽  
pp. 51-69 ◽  
Author(s):  
E. Sharipova ◽  
I. Tcherkashin
Keyword(s):  
Oil And Gas ◽  
Strong Dependence ◽  
Oil Prices ◽  
Federal Budget ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Resource Rent ◽  
Tax Legislation ◽  
Russian Economy ◽  
The Government

Federal tax revenues from the main sectors of the Russian economy after the 1998 crisis are examined in the article. Authors present the structure of revenues from these sectors by main taxes for 1999-2003 and prospects for 2004. Emphasis is given to an increasing dependence of budget on revenues from oil and gas industries. The share of proceeds from these sectors has reached 1/3 of total federal revenues. To explain this fact world oil prices dynamics and changes in tax legislation in Russia are considered. Empirical results show strong dependence of budget revenues on oil prices. The analysis of changes in tax legislation in oil and gas industry shows that the government has managed to redistribute resource rent in favor of the state.

The Political Economy of Power: Approaches to the Analysis of Relationships between the State and Business in Russia

2011 ◽  
pp. 19-33
Author(s):  
A. Oleinik
Keyword(s):  
Oil And Gas ◽  
Road Construction ◽  
Oil And Gas Industry ◽  
Retail Trade ◽  
Business Community ◽  
The Political ◽  
Economic Power ◽  
Gas Industry ◽  
The Road ◽  
Ruling Elites

The article deals with the issues of political and economic power as well as their constellation on the market. The theory of public choice and the theory of public contract are confronted with an approach centered on the power triad. If structured in the power triad, interactions among states representatives, businesses with structural advantages and businesses without structural advantages allow capturing administrative rents. The political power of the ruling elites coexists with economic power of certain members of the business community. The situation in the oil and gas industry, the retail trade and the road construction and operation industry in Russia illustrates key moments in the proposed analysis.

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