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Books > Business & Economics > Industry & industrial studies > Energy industries & utilities > General
Acquisitions and divestitures are common occurrences in the international oil and gas industry, ranging in size and complexity from transformational mergers between supermajors to transactions at an individual asset level. These transactions are used in order to manage both costs and risks. Although the recent oil price slump has somewhat reduced the level of transactional activity, that level is expected to increase again in the near term. Low oil prices are creating an increasing number of distressed sellers and an increasing number of opportunistic buyers, including some that have not traditionally participated in the upstream oil and gas industry. Sale and purchase agreements relating to oil and gas assets are highly specialised, reflecting the unique nature and characteristics of the industry itself. This book, written by experienced and well-known practitioners from within the oil and gas industry, is intended to provide a practical review of the provisions typically included in such agreements. The second edition of this title includes updated and revised chapters from the first edition, as well as new chapters on: preliminary agreements (memoranda of understanding, letters of intent); disclosure letters; private equity transactions; warranty and indemnity insurance; and material adverse changes. This new edition aims to benefit lawyers and commercial negotiators working in the industry who handle sale and purchase transactions and who want to better understand the usual terms and conditions involved in those transactions. Legal professors and their students could also benefit from using the book as a teaching aid based on real-world experience.
* * The new book from the internationally renowned author of The Solar Economy and A Solar Manifesto, and named one of Time Magazine's "Heroes of the Green Century."For 200 years industrial civilization has relied on the combustion of abundant and cheap carbon fuels. But continued reliance has lead to perilous consequences. On the one hand, the insecurity of relying on the world's most unstable region--the Middle East--compounded by the imminence of Peak Oil, growing scarcity, and mounting prices. Yet there is an answer: to make the transition to renewable sources of energy and to distributed, decentralized energy generation. It is a model that has been proven, technologically, commercially and politically, as Scheer comprehensively demonstrates. He shows that the widely advocated return to nuclear power is compromised and illusory.The energy autonomy route does not just avoid the harm from following business-as-usual, but also offers enormous additional positive benefits. Whole new industries will be created to stimulate the global economy and two billion people, who don't receive electricity now, will have access to it. The advantages are so clear and so overwhelming that resistance to them needs diagnosis, which Scheer also provides, showing why and how entrenched interests oppose the transition and what must be done to overcome these obstacles.
"I'd say you were a carnival barker, except that wouldn't be fair tocarnival barkers. A carnie will at least tell you up front that he's running a shell game. You, Mr. Lay, were running what purported to be the seventh largest corporation in America."-Senator Peter Fitzgerald (R-IL) to Enron CEO Kenneth Lay, Senate Commerce Science & Transportation's Subcommittee, Hearing on Enron, 2/12/02
In 1934, Lewis Mumford critiqued the industrial energy system as
a key source of authoritarian economic and political tendencies in
modern life. Recent debate continues to engage issues of energy
authoritarianism, focusing on the contest between energy-driven
globalization (the spread of energy deregulation and the
simultaneous consolidation of the oil, coal, and gas industries)
and the so-called "sustainable energy" strategy that celebrates the
local and community scale characteristics of renewable energy.
Including theoretical inquiries and case studies by distinguished
writers, Transforming Power is divided into three parts: Energy,
Environment, and Society; The Politics of Conventional Energy; and
The Politics of Sustainable Energy. It interrogates current
contemporary energy assumptions, exploring the reflexive
relationship between energy, environment, and society, and
examining energy as a social project. Some of these have promised a
prosperous future founded upon technological advances that further
modernize the modern energy system, such as "inherently safe"
nuclear power, environmentally friendly coal gasification, and the
advent of a wealthier, cleaner world powered by fuel cells; and the
"green technologies," said by advocates to prefigure a revival of
human scale development, local self-determination, and a commitment
to ecological balance.
Revised edition of this practical survey of low-cost stoves for use in developing countries. Prepared for skilled technicians who will be able to use the drawings as a basis for building stove models, for testing and adaptation to local conditions.
This original, timely and innovative collection is the first to offer critical IPE perspectives on the interconnections between energy, capitalism and the future of world order. The authors discuss the importance of energy for our understanding of the global political economy, climate change and key new developments like 'fracking'.
Renewable energy has never been more important than it is today, as climate change becomes arguably the world's most essential problem to be solved. Solving this problem is proving difficult and complex - none more so than for emerging economies that are undergoing rapid economic development with increasing use of fossil fuels. There are many challenges for these countries that are making efforts to promote renewable energy use, with limited resources. Good government policies and corporate strategies are essential to support these efforts as a part of the global climate change crisis. This important book addresses the very latest developments in renewable energy management plus the key challenges and risks. Potential new policies and strategies for the further growth of renewable energies in emerging economies, together with high-level business case examples of renewable management in emerging economies, are addressed. This book is essential reading for policy makers, government employees, business executives, professionals, researchers and academics looking to improve global renewable energy policies, investments and management.
Conventional services, such as water, energy and waste services, have been for a long time physically networked and centrally managed. Today, this delivery model appears increasingly inefficient in two respects. It often fails in guaranteeing its financial viability and equitable service access, and and it generally draws heavily on the natural resources conveyed by these services. The book aims thus at exploring how service coproduction, based on public-community collaborations, can represent a valuable alternative to the conventional service provision model. Contributions in this book look into service coproduction and its relationship with the conventional service model both in the Global North (Germany) and Global South (Bolivia, Brazil, Colombia, India, Tanzania). They also address a variety of different perspectives in coproducing conventional services, such as the role of service modernisation, the variety of non-networked solutions, the relationship with the commons, just to cite some of them. Eventually, this book provides a first comprehensive exploration of the service coproduction theory in relation to conventional services, such as water, energy and waste. The chapters originally published as a special issue in Urban Research & Practice.
China is frequently described as a threat to regional and global stability and its rapidly rising demand for imported energy is seen as one cause of this threat. This book shows that domestic politics and foreign policy have both played a part in China's recent major energy policy decisions. However, China's increasing involvement in the global energy markets can be seen as an opportunity to enhance cooperation and interdependence rather than as a threat.
For many years a uniform and uncontested picture of utility system organization has endured across Europe. Provider and consumer roles have been largely taken for granted, and consumers have had little choice but to use the infrastructure of the only network provider available. Yet recent transformations have challenged this model. This book examines the ongoing environmental restructuring of consumption and provision in energy, water and waste systems. In accounting for the distinctive environmental qualities, technical features and institutional dynamics of utility systems this book challenges contemporary conceptualizations of consumers as the autonomous drivers of environmental change. Instead, utilities and users are positioned as the 'co-managers' of utility systems, and processes of environmental innovation are seen to depend on creating contexts for the systemic restructuring of demand.
Positron emission tomography (PET) is an important clinical tool, and with its longer half-life, copper-64 has several unique attributes that make it a multi-purpose radionuclide with many potential applications. Additionally, copper as a trace element plays a pivotal role in several human metabolic and pathologic diseases and is involved in malignant cells biochemistry pathways. This offers the opportunity for scientists to explore the theranostic capabilities of copper-64. This current publication, arising from an IAEA Coordinated Research Project, describes the biochemical and radiopharmaceutical aspects of copper-64, and its clinical applications, with specific guidelines and methods for the production of copper-64 chloride, peptide and monoclonal antibody radiopharmaceuticals. It is expected to be of use to all professionals involved in the field by specifying ideal production, formulation and quality control methods.
This Safety Guide provides recommendations and guidance on fulfilling the requirements of IAEA Safety Standards Series No. GSR Part 3, Radiation Protection and Safety of Radiation Sources: International Basic Safety Standards, for ensuring radiation protection and safety of radiation sources in medical uses of ionizing radiation with regard to patients, workers, carers and comforters, volunteers in biomedical research, and the public. It covers radiological procedures in diagnostic radiology (including dentistry), image guided interventional procedures, nuclear medicine and radiotherapy. Recommendations and guidance are provided on applying a systematic approach to ensure that there is a balance between being able to utilize the benefits from medical uses of ionizing radiation and minimizing the risk of radiation effects to people.
Originally published in 1989. This book presents the situation regarding energy provision and policy in developing countries. It looks at Enhanced Oil Recovery, Hydropower and small energy packages suitable for rural areas including renewable energies and the various needs and systems affected such as water pumping and telecommunications. Each section is broken down into salient issues and information is provided on environmental issues, socioeconomic issues, costs and limitatioons and what is considered the state-of-the-art in each area. The final section offers a view of the application of computing technology in energy planning.
As carbon dioxide is the most significant source of greenhouse gases today, its emission quantity has become a primary focus of governments, scholars and the general public. From the perspective of industrial structure, the book mainly explores the features of carbon emissions in China. The author thoroughly studies related theories and literature about industrial structure and climate change, and reviews the different development histories of developed countries and China. Based on historical data, this volume discusses the influence of interprovincial industrial structure and income level on carbon emissions, and tries to estimate different industrial sectors' carbon emissions. It especially studies the case of Zhejiang Province, and analyses several factors which affect CO2 emissions. The book provides international readers with rich information about the characteristics, patterns and drivers of China's CO2 emissions, which will definitely help scholars and students better understand China's economy.
Price review disputes have become an increasingly prominent feature in gas and LNG markets over the past decade. While the first wave of disputes were driven by the 'triple whammy' of recession, US shale gas and the liberalisation of the gas markets in Europe, further waves have followed with the development of increasingly liquid trading hubs across Europe, ongoing volatility in commodity prices and the continuing influx of liquefied natural gas (LNG) into Europe. And the trends previously seen in Europe are starting to be replicated in Asian markets. This practical second edition will cover the various aspects of international gas pricing disputes. It contains contributions from leading international arbitration practitioners and arbitrators in the field, in-house counsel and industry experts. It covers the various stages of a gas pricing dispute, from drafting the clause to triggering a review, all the way through the various stages of the arbitral process. It also builds on the first edition by containing insights into more substantive topics such as hub indexation, the impact on pricing of non-price terms like destination flexibility, and the differences between gas and LNG price reviews. Despite the large number of high-value disputes in this area, this is one of the very few publications to draw together the various strands of gas pricing disputes into one book. It is therefore an invaluable guide for practitioners, in-house counsel and anyone else with an interest in this area.
This volume, originally published in 1984, analyzes the impact of the 1973-74 oil price increases on the Appalachian coal industry in the USA, which would otherwise have suffered large output reductions as a result of sulfur emission restrictions. Although focussed on a particular geographical region and timeframe, this book has enduring relevance as it analyzes and discusses many of the issues which are still facing the ailing coal mining industries both in the USA and globally: the advent of new energy forms, increased competition from cheaper sources, strict pollution legislation and the impact that all of these issues have on productivity and employment.
Originally published in 1994, this book contains the edited papers of the workshop of the Energy and Environmental Programme at the Royal Institute of Interantional Affairs which examined the interaction between environmental legislation and the energy indusutries. It examines past experience; the nature of the challenges to the industries; actual industrial responses and what implications this might have framing legislation. The international contributors represent a range of perspectives.
Originally published in 1984, this book discusses the structure of a multi-sectoral, general equilibrium growth model of the US economy that gives special attention to the energy sectors and presents results from the simulation of this model under varying conditions of energy supply. While the book primarily analyzes the effect of energy supply on economic growth, it also presents a new methodology for approaching this kind of problem, but this same approach can be used to model the effect of changes in the supply of any produced raw material on economic growth.
Originally published in 1987 this book presents a comprehensive survey of the global natural gas industry: it looks at the problems of supply, the pattern of demand, the economics of the industrya nd how the industry in the 1980s was being affected by changes in other energy sectors. As a key commodity in the world economy the supply of natural gas is increasingly affecting and changing international relations between importer and supplier countries: the siberian natural gas pipeline which supplies Soviet gas to Western Europe is a key example of the impact of natural gas on international relations and one which is discussed in the book.
The book covers energy storage systems, bioenergy and hydrogen economy, grid integration of renewable energy systems, distributed generation, economic analysis, and environmental impacts of renewable energy systems. The overall approaches are interdisciplinary and comprehensive, covering economic, environmental, and grid integration issues as well as the physical and engineering aspects. Core issues discussed include mechanical, electrical, and thermal energy storage systems, batteries, fuel cells, biomass and biofuels, hydrogen economy, distributed generation, a brief presentation of microgrids, and in-depth discussions of economic analysis and methods of renewable energy systems, environmental impacts, life-cycle analysis, and energy conservation issues. With several solved examples, holistic material presentation, in-depth subject matter discussions and self-content material presentation, this textbook will appeal strongly to students and professional and nonprofessional readers who wish to understand this fascinating subject. Readers are encouraged to solve the problems and questions, which are useful ways to understand and apply the concepts and the topics included.
Energy storage is a key trend in the electricity industry across the globe, with one recent analysis predicting 942GW of storage (excluding pumped storage) will be developed by 2040. This Special Report provides an overview of the key issues in relation to the development of storage projects, including: *The main technologies *Regulatory arrangements *Revenue streams and *Contracting arrangements and covers the key policy, commercial and legal principles that underpin this developing sector.
This book offers a comprehensive yet accessible snapshot of the latest consumer research on the adoption and use of electric vehicles. It discusses the importance of developing a better understanding of consumer behavior in relation to electric vehicles, and the advantages that can be gained from the growing number of electric vehicle users, who can now be studied directly. In turn, it systematically analyzes the leading markets for electric vehicles in North America, Europe and Asia. Bringing together the experience and expertise of authoritative researchers and practicing professionals, the book shares a wide range of empirical data obtained at the national level and summarizes the general lessons learned. The last part of the book discusses policy-relevant insights, forecasts the future evolution of the field in terms of methods and data availability, and addresses several key questions that policymakers and other stakeholders are currently facing. |
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