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Books > Business & Economics > Industry & industrial studies > Energy industries & utilities > Petroleum & oil industries
This book discusses the oil industry and its impact on the world economy in the twentieth century. It examines the importance of oil in different sectors, from 1900-1973 and stresses the relevance of oil as a factor in modern economic history not only in national terms but also within an international context. The book includes chapters on American policy towards developing economies in the first half of the 20th century; the policy of Russian oil exports in the 20s and 30s; the financing of the German and French oil industries; and the role of oil in the Japanese economy, a major industrial country without oil resources. On the international front, the book covers the impact of the Middle East national oil companies, the effect of oil on the developing countries of South Ameirca and the relevance of the oil crisis of 1973.
The close dovetailing between the interests of oil trusts and the policies of diplomats was one of the most significant and absorbing political developments of 1910-1920. This book examines the growing importance of oil to Soviet Russia at the start of the twentieth century and the impact this had on the geo-politics of the region.
Comprehensive insight into the offshore oil and gas industry for those intending to choose it as a career Full syllabus coverage for OPITO BOSIET, FOET, MIST and IMIST courses Produced in full colour with over 180 images Basic Offshore Safety covers everything that newcomers to the offshore oil and gas industry need to know prior to travelling offshore or when attending OPITO's Basic Offshore Safety Induction and Emergency Training (BOSIET), Minimum Industry Safety Training (MIST), Further Offshore Emergency Training (FOET) and International MIST courses. Primarily focused on the oil industry, this book introduces readers to the key safety topics in the offshore support vessel industry and common to the renewable industry. Written in easy to follow steps and including references to both the legislation and guidance where relevant, Abdul Khalique walks the reader through the hazards they are likely to encounter when travelling to, from or working offshore, showing how to minimise risks and deal with any issues that may arise at any stage of the work.
Groundbreakers describes an amazing technical journey in man's effort to find and produce oil and gas, with more than 450 pages and 130 illustrations. This is the first ever, comprehensive account of how upstream technology developed. The story is packed with human drama, extraordinary innovation and oversized personalities who dared to dream. By any standards, the story is unmatched for the sheer physical and intellectual bravado of its key players. The book relies on interviews with more than 125 technical leaders in the upstream and an exhaustive review of literature and patents since the mid-19th century. In addition, the book features timelines for exploration, drilling, reservoir engineering and production engineering innovations. There are copious endnotes and references, including an index of the key players.
Firm-to-firm relationships, along with the overall structure of industry, have changed markedly over the past decades. Replacing the model of vertical integration with one of global business, firms have started to outsource more by using a wider global network. At the same time, they have begun to increase their control and coordination along the value chain to remain competitive, blurring the boundaries between companies. Understanding the nature of the firm and its role in coordinating the supply chain will help firms to better define global competitive strategies.. The challenges that lie ahead for global business render obsolete the traditional model of procuring each service without long-term supply chain management. Current trends suggest that in the future there will be even deeper supply chain integration in most industries. The Nature of the Firm in the Oil Industry aims to facilitate the understanding of 'the firm' via the analysis of the specific relationship between international oil companies, which are among the world's biggest firms and which act as 'core system integrators', and the oil services companies, which help to find, extract, produce and distribute oil along the petroleum industry supply chain. This relationship serves as an example of deep integration by core system integrators and provides insights into the change in the nature of the firm in the era of modern globalization. Aimed at researchers and academics, The Nature of the Firm in the Oil Industry offers a thorough examination of this relationship in an effort to shed light on the nature of the firm, both in the oil industry and in global business today. It is a humble attempt to better understand the firm in a crucial industry.
This book, first published in 1982, takes the interaction between the domestic economy and the international trade in oil and, through the use of a consistent microeconomic framework, examines the conditions under which energy and related policies may or may not improve the performance of the U.S. economy, during both normal periods and old supply disruptions. This title will be of interests to students of environmental management.
Oil has been central to regime survival for oil states across the Arabian Peninsula and has been at the heart of their attempts to defuse the wave of Arab revolutions. However, in 2011 revolution hit Libya, the most oil dependent regime in the Middle East. The political storm winds that have swept this region have thrown into doubt the resilience of Arab rentier states, and highlight how the political effects of oil vary across the oil producing countries. Oil States in the New Middle East brings together leading experts to critically assess the centrality of oil and the relevance of Rentier State Theory in light of the post-2011 upheaval across the Middle East and North Africa. It combines overall reflections on the political dynamics in oil states with focused case investigations of individual countries. Taking as its starting point the centrality of oil in explanations of regime survival, the book analyses how the oil states have responded to and fared throughout the Arab popular upheavals, resulting in a critical assessment of the continued relevance of Rentier State Theory. While observers have asked how the uprisings varied between oil and non-oil states, this book turns the comparative focus inward, arguing for a more fine-grained understanding of the political effects of oil in different oil producing countries. This book would be of interest to students and scholars of Middle East, North Africa and Gulf Studies, Oil and Politics, as well as Comparative Politics and International Political Economy.
A study of Britain's imperial policy in the Middle East over oil, finance and defence. This book brings together different accounts of British policy in the early 20th century, particularly in the Ottoman Empire, to reflect a consistent pattern of preoccupation, policy-making and diplomacy.
Oil and gas are important to every aspect of our economy, yet the oil and gas industry is distinguished by its combination of increasing demands and decreasing discovery volumes--and it is an industry shrouded in an environment of extremely volatile pricing. Although the profits enjoyed by the oil and gas industry are enormous, the industry remains one of the most capital-intensive in a world where rising expenses continue to threaten to squeeze profit margins. Geopolitics may continue to be the most important variable in maintaining existing assets and in successfully achieving new discoveries and carrying out their subsequent development. But finding new oil and gas reserves is becoming more challenging and the places where hydrocarbons are being found are more remote. Thus technology advances are also a key variable to enable exploration, drilling and development to become economically feasible in some of these more difficult operating environments. For the last century oil and gas additions have exceeded demand but has this industry now reached a "peak oil" situation? Some experts argue we are on the cusp of maximum oil production while others suggest we are still about a decade away. Natural gas demand however, is rising at a slightly faster rate than oil. Natural gas may be the immediate replacement fuel for oil as a source of clean and efficient electric power generation. Three out of the top ten Fortune 500 companies were oil/gas companies in 2011. This short introduction to the oil and gas industry will focus on history, operations, major companies, outside market forces, regulation and the current challenges the industry faces. Such factors as finite natural resources, the environment, economics, geopolitics, and technology will all come into play in the narrative. The book will demonstrate how the leaders of this industry, former champions of progress, are now coming under scrutiny and being depicted as the biggest culprits of environmental degradation. Yet the industry is likely to continue to grow until some form of alternate fuels is developed. The oil and gas industry will continue to have an enormous impact on life on the planet.
Volume 2 of the Getenergy Guides series explores the challenges of developing a technically competent workforce for the oil and gas sector globally. The cases in this Volume explore practical examples of the efforts of oil and gas companies, contractors, educational institutions and governments to develop competent, vocationally-trained employees for the industry. Education and training are increasingly viewed as part of the core business of oil and gas companies operating in today's high cost/high risk environment. This book will highlight the approaches which work and offer a framework against which future initiatives can be measured. This second book in the Getenergy Guides series explores nine cases studies from around the world and offers commentary on each case drawn from Getenergy's wealth of experience in uniting education and training providers and the upstream oil and gas industry on a global basis.
Bialer focuses on Israel's attempts to ensure a regular oil supply in the first decade of it's existence. He reveals that its main problems derived from the context of the Arab-Israeli conflict which categorically influenced the stand of governments and international oil companies who held the keys to decision making. The author provides an analysis of the reciprocal relations between Israel and these players and clarifies the unique method which the state adopted in attempting to secure its oil supply.
This book provides a comprehensive and unique perspective on China's oil and natural gas industry and a practical roadmap to reforms.The book begins with a thorough examination of the status quo of China's oil and natural gas industry. It explores the evolution, transition, and characteristics of the oil industry of China, and unveils the problems that caused ineffectiveness of the oil and petroleum products market, namely, the dominance of monopoly enterprises, price regulation, and restriction to entry. It provides an insightful analysis on the efficiency losses and welfare losses the monopoly system brings to the society as the current system distorts income distribution, violates the principle of fairness, and stands against the market rules and the legal pillars of the Chinese constitution. This book argues that the monopoly system in the oil industry of China results in a variety of toxic influences and that reforms are needed. It then offers a roadmap to reforms in the oil and petroleum products market in an incremental fashion.The findings and proposals of the Chinese version of this book have proved to be successful, as they led to immediate shifts in the policies of the Chinese authorities. This book provides valuable insights into the urgency involved in carrying out reforms in the oil and petroleum products market in China, with concrete and up-to-date statistics, comprehensive and detailed analyses, and authoritative and authentic sources.
The oil industry is the world's largest commercial enterprise. Its extent is global; international issues are consistently influenced by considerations of oil production and consumption, while the international communications networks of the larger oil companies rival those of many nations. In this, the eighth edition of Oil and World Power, published in 1986, Peter Odell explains the complexities of this gigantic empire and its influence on the world. The far-reaching chapters discuss the U.S.A, the Soviet Union, O.P.E.C., Japan and the oil-consuming countries of the developing world. Evaluating the changing patterns of oil supply and the dramatic fall in oil prices in 1986, Odell proposes a number of forward-thinking conclusions surrounding the relationship between oil in global politics and economic development. This is an exceptionally interesting and relevant work, of great value to those with an interest in the oil industry, global power and international economic development.
Petroleum Resource Management offers a thought-provoking examination of how countries manage their offshore petroleum resources by comparing the different approaches to licensing and regulation taken by Australia, Norway and the UK.Based on extensive research into their policies, licensing systems and resource management regulations, including interviews with government regulators and companies, John Chandler explores how these countries all face similar challenges as their offshore petroleum basins mature, including smaller discoveries, marginal production and ageing infrastructure. Identifying further challenges such as climate change and the increasing accountability in relation to sustainability and social issues, Chandler analyses how their petroleum policy, systems of regulation and regulators developed up to the present, and how they are responding to these challenges, as well as how they deal with exploration, development, infrastructure sharing and production.This timely and informative book will be essential reading for those in petroleum policy and governance, including petroleum lawyers, government officials, regulators and analysts. Academics and students on courses relating to petroleum regulation and the governance of resources will also benefit from this engaging book.
Were oil supplies everlasting and the demand for oil strong and continuous, economic diversification in the Gulf would be pointless. However oil reserves are finite and non-renewable and the world demand for oil from the Gulf region is simply not stable. Collectively the countries of the Gulf face the striking prospect that unless priorities and plans are set with care the gestation period of their economic development may be longer than the expected life of their hydrocarbon resources. This book examines just that threat. It considers the opportunities available to the Gulf states for accumulating sufficient productive capital in the non-oil sectors of their economy to offset the drawing down of oil reserves. The book pays particular attention to the possibilities of development through cooperation not only within the Gulf Cooperation Council but also within the larger Arab region and the Third World as a whole. It concludes with a critical review of the main challenges that these economies are facing and are likely to face in the near future with special emphasis on their major problems and failures. First published in 1984.
The discovery, just forty years ago, of vast oil and gas reserves in the Southwestern part of Norway, and more recently in the Arctic High North region, created an economic titan and posed a vast array of challenges for both the Norwegian government and the residents of this area. How to extract and transport all that oil and gas without despoiling the pristine environment? How to use this wealth in a socially responsible and sustainable way? How to prepare the rural High North citizens-traditionally fishermen and farmers-for a global, high-tech economy? Adopting an original narrative approach to qualitative research, this book tells the stories of 21 individuals either living or having a genuine interest in the High North, from mayors and entrepreneurs to farmers and fishermen. Through these first-hand meetings, it constructs an ethnographic study that reveals how petroleum and development have impacted on the regional economy and culture. This book will be of interest to all stakeholders in the oil and gas industry, and for students and scholars of organization studies, cultural and communication studies, environmental anthropology, natural resource management and sustainable development.
No region in the world has seen so much development activity in the last ten years as the Gulf area. Since black gold catapulted the oil-producing countries into the limelight of the international political and economic scene, there has been a proliferation of studies on the larger exporting states. However, many of the so-called small countries have been neglected in this exercise. This book presents the first detailed examination of the bases and extent of economic development in Qatar and considers the need to translate the petroleum-generated growth into viable, self-sustained development. Qatar, though not one of the oil giants, was first in the field of oil development and exhibits a number of special features not shared by its Gulf neighbours: for example in pre-oil boom days it was already in advance of many other Gulf states in the field of education; it has a modest agriculture sector and there is a comparatively strong attachment to the land; and finally it has played an important role in OPEC as a member of the moderate price camp. The individual chapters trace the development of the oil industry, outline public financing and economic policy and sketch the issues involved in industrialisation, absorptive capacity and agricultural development. Examination is made of the social and physical infrastructure as well as money and banking, and the international linkages in trade, foreign aid, economic cooperation efforts and investment opportunities are elucidated. Planners in Qatar know that their revenue base in petroleum is finite, and thus investment of present surplus needs careful planning. The book therefore also outlines current government priorities and suggests areas for future investments. First published in 1979."
Death, Men and Modernism argues that the figure of the dead man becomes a locus of attention and a symptom of crisis in British writing of the early to mid-twentieth century. While Victorian writers used dying women to dramatize aesthetic, structural, and historical concerns, modernist novelists turned to the figure of the dying man to exemplify concerns about both masculinity and modernity. Along with their representations of death, these novelists developed new narrative techniques to make the trauma they depicted palpable. Contrary to modernist genealogies, the emergence of the figure of the dead man in texts as early as Thomas Hardy's Jude theObscure suggests that World War I intensified-but did not cause-these anxieties. This book elaborates a nodal point which links death, masculinity, and modernity long before the events of World War I.
This book studies the limits imposed by the depletion of fossil fuels and the requirements of climate stabilization on economic growth with a focus on China. The book intends to examine the potentials of various energy resources, including oil, natural gas, coal, nuclear, wind, solar, and other renewables, as well as energy efficiency. Unlike many other books on the subject, this book intends to argue that, despite the large potentials of renewable energies and energy efficiency, economic growth eventually will have to be brought to an end as China and the world undertake the transition from fossil fuels to renewable energies. China has overtaken the US to become the world's largest energy consumer and greenhouse gas emitter. Their energy consumption is dominated by coal and China now accounts for one quarter of the world's total carbon dioxide emissions. Moreover, China is set to become the world's largest oil importer in the next decade. This book will consider energy development in the broader context of economic and social changes, especially the historical dynamics of the capitalist world system. Historical lessons of capitalism and socialism will be discussed. The book will evaluate the implications of ecological limits to growth on the economic system and argue that the existing capitalist system is fundamentally incompatible with ecological sustainability.
The effect of corrosion in the oil industry leads to the failure
of parts. This failureresults in shutting down the plant to clean
the facility. The annual cost of corrosion to the oil and gas
industry in the United States alone is estimated at $27 billion
(According to NACE International)-leading some to estimate the
global annual cost to the oil and gas industry as exceeding $60
billion. In addition, corrosion commonly causes serious
environmental problems, such as spills and releases. An essential
resource for all those who are involved in the corrosion management
of oil and gas infrastructure, "Corrosion Control in the Oil and
Gas Industry" provides engineers and designers with the tools and
methods to design and implement comprehensive corrosion-management
programs for oil and gas infrastructures. The book addresses all
segments of the industry, including production, transmission,
storage, refining and distribution.
Oil, an integral part of the contemporary global economy, is considered a driving force behind the 2003 invasion of Iraq. Hydrocarbon reserves in Iraq have a significant role to play in global supply, with oil revenue accounting for more than 90% of Iraqi government income. This book provides a comprehensive insight into the key foundations of Iraq's oil industry and assists in the development of a core area of domestic law to promote economic recovery following years of instability. It addresses the development of oil legislation and the formation of contracts since the US and allied occupation of Iraq in 2003. Legislation is assessed against the framework of the constitution along with the different types of oil agreements and their terms. The book looks at three main aspects of oil legislation, beginning with the validity and interpretation of the constitution as any subsequent legislation governing oil policy will be based upon this. The work then discusses whether the draft oil and gas law of 2007 and any subsequent oil legislation, including the law implemented by the Kurdish Regional Government in 2007, is valid. Finally, the book analyses the legitimacy of oil agreements entered into by the central and regional governments and whether these contain terms beneficial to the state and contracting party. Providing an in-depth analysis of the origins and development of the legal framework of the oil industry in Iraq, the book acts as both a reference source and a springboard for future research across a range of legal, economic and policy perspectives. It will appeal to practitioners and academics working in energy law and international investment law, as well as policy-makers, legal advisors and those working in governments and energy companies.
The oil and gas industry is going through a major technological shift. This is particularly true of the Norwegian continental shelf where new work processes are being implemented based on digital infrastructure and information technology. The term Integrated Operations (IO) has been applied to this set of new processes. It is defined by the Centre for Integrated Operations in the Petroleum Industry as 'work processes and technology to make smarter decisions and better execution, enabled by ubiquitous real time data, collaborative techniques and access to multiple expertise'. It's claimed that IO is efficient, optimises exploration, reduces costs and improves safety performance. However, the picture is not as clear-cut as it may appear. On the one hand, the new work processes do not prevent major accidents: IO-related factors have been identified in recent events such as the Deepwater Horizon catastrophe. On the other hand, IO technology provides improved decision-making support (such as access to real-time data and expertise), which can reduce human and material losses and damage to the environment. Given these very different properties, it's vital that the industry has a detailed understanding of the benefits and drawbacks of IO, which this book sets out to do from a multidisciplinary point of view. It analyses Integrated Operations from the angles of statistics, management science, human factors and resilience engineering. These varied disciplines provide a multifaceted understanding of IO that better informs risk assessment practices, as well as explaining new techniques and methods and provides state-of-the-art guidance to risk assessment practitioners working in the oil and gas industry.
Crude oil extraction in the Niger Delta region of Nigeria generates 96% of all foreign earnings and 85% of state revenues, making it crucial to the survival of the Nigerian state. Several generations of state neglect, corruption and mismanagement have ensured that the Delta region is one of the most socio-economically and politically deprived in the country. By the late 1990s there was a frightening proliferation of armed gangs and insurgent groups. Illegal oil bunkering, pipeline vandalism, disruption of oil production activities, riots, and demonstrations intensified and in 2003, insurgents began kidnapping oil workers at a frenetic pace. In late 2005, an uber-insurgent movement 'organization' was formed in Nigeria. Christened the Movement for the Emancipation of the Niger Delta (MEND), it operates as an amorphous, multifaceted amalgam of insurgent groups with an unprecedented clinical precision in execution of intents. By focussing on kidnappings that are putatively connected to the struggle for emancipating the Niger Delta, Oriola makes the case for analysing MEND as a social movement organization, rather than a terrorist or criminal gang by showing how political processes shape kidnappings in the Delta. The use of violent repertoires of contention has not garnered sufficient attention in the social movement literature, despite the fact that that around the world, many similar groups are adopting violent tactics without necessarily eschewing non-violent techniques. Based on multi-actor research, including interviews and focus group discussions with community members, military authorities, 42 ex-insurgents directly involved in illegal oil bunkering and kidnapping, and official email statements from 'Jomo Gbomo', the spokesperson of MEND, this book will be of interest to sociologists, political scientists and peace and security studies scholars.
Since the 1990s, Baltic-Russian relations have been amongst the most contentious on the European continent. Energy security concerns, historical legacies, and the status of Russian minorities have all proved key flash points. Baltic-Russian relations have been described as a 'litmus test' of Russia's willingness to leave behind its imperialist ambitions; simultaneously the policies of Tallinn, Riga or Vilnius towards Russia can have a direct impact on EU-Russian and NATO-Russian relations. The Baltic states share similar histories and resources, and face the same geopolitical challenges. All are dependent on Russia for energy yet, as this fascinating study reveals, they have pursued very different foreign policies towards their powerful neighbour. In The Politics of Energy and Memory between the Baltic States and Russia Agnia Grigas provides an unprecedented analysis of contemporary Baltic-Russian relations and identifies the causal factors that drive the foreign policies of the Baltic states in such divergent routes. Supported by case studies on the oil and gas sectors as well as the tug of history, this book is an invaluable resource for scholars and policy makers.
Oil Spaces traces petroleum's impact through a range of territories from across the world, showing how industrially drilled petroleum and its refined products have played a major role in transforming the built environment in ways that are often not visible or recognized. Over the past century and a half, industrially drilled petroleum has powered factories, built cities, and sustained nation-states. It has fueled ways of life and visions of progress, modernity, and disaster. In detailed international case studies, the contributors consider petroleum's role in the built environment and the imagination. They study how petroleum and its infrastructure have served as a source of military conflict and political and economic power, inspiring efforts to create territories and reshape geographies and national boundaries. The authors trace ruptures and continuities between colonial and postcolonial frameworks, in locations as diverse as Sumatra, northeast China, Brazil, Nigeria, Tanzania, and Kuwait as well as heritage sites including former power stations in Italy and the port of Dunkirk, once a prime gateway through which petroleum entered Europe. By revealing petroleum's role in organizing and imagining space globally, this book takes up a key task in imagining the possibilities of a post-oil future. It will be invaluable reading to scholars and students of architectural and urban history, planning, and geography of sustainable urban environments. |
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