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Books > Business & Economics > Industry & industrial studies > Energy industries & utilities > Petroleum & oil industries
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.
The global crude oil market is critically important in many respects. It is the fuel that drives the global economy and, as such, is the focus of climate policies. Moreover, crude oil is the basis of a tradable financial asset. It is therefore connected to several outstanding macroeconomic developments of recent years, including financial market fluctuations, the financial crisis and the exceptional conduct of monetary policy. This book investigates the impacts of monetary policy and the financial system on the global crude oil market. Furthermore, it outlines how monetary policy may also be used to guarantee stability and to contribute to ecological sustainability. This unique and innovative book will appeal to students and economists interested in macroeconomics, the environment, energy and monetary policy. It will also be essential reading for policy makers and those interested in economic policy that will benefit both society and the environment.
Stern Magazine, the Black Scorpion: "we will aim at everything - even if it is not moving" Surrey Life magazine: "George S Boughton was an oil engineer in Nigeria during the 1967 to 1970 Biafran War and what emerges from this intense, emotional memoir is a withering indictment of governing elites and the destructive consequences of their out-of-control behaviour. Around a million people starved to death or were killed in the fighting; yet the news vacuum meant that Boughton and other expat workers were often in the dark about the true extent of what was going on. Black Gold Black Scorpion is a fascinating, first-hand account of how a nation at war with itself became a magnet for cold war politics as it sank into moral darkness". Recounted are the lives of a young oil engineer, his wife and newborn child, during the War, when they inadvertently lived through one of the worst episodes of African history. Working in an industry that has gone on to pollute massively with oil, theirs is a different story of Africa, oil and aid. The author describes the political elites and those, like Ojukwu and Adekunle, who fought them - having himself been captured and detained, one to one, by the mythically ruthless Black Scorpion; this, the strangest of events, enabling him to observe at close range the disintegration of a powerful personality. More especially, the author's and his family's interaction with the people of the area, the people of Igboland, serves to underline how most of Africa continues to be let down by the pillars of the modern world - political elites, capitalists, the media and warring world powers.
China's rapid economic growth has led to a huge increase in its domestic energy needs. This book provides a critical overview of how China's growing need for oil imports is shaping its international economic and diplomatic strategy and how this affects global political relations and behaviour. Part One is focused on the domestic drivers of energy policy: it provides a systematic account of recent trends in China's energy sector and assesses the context and processes of energy policy making, and concludes by showing how and why China's oil industry has spread across the world in the last fifteen years. Part Two analyses the political and foreign policy implications of this energy-driven expansion and the challenges this potentially poses for China's integration into the international system. It examines a number of factors linked to this integration in the energy field, including the unpredictabilities of internal policymaking; China's determination to promote its own critical national interests, and the general ambition of the Chinese leadership to integrate with the international system on its own terms and at its own speed. The highly topical book draws together the various dimensions of China's international energy strategy, and provides insights into the impact of this on China's growing international presence in various parts of the world.
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 Supply Crises: Cooperation and Discord in the West, by Vessela Chakarova, offers the most comprehensive, up-to-date analysis of consumer countries' policies and reactions to oil supply shortages. In addition to being a valuable source of information on oil market dynamics, it provides a deep theoretical understanding of one of the most critical issues in international relations: inter-state cooperation. This volume employs a structured, focused comparison to study European consumer countries' cooperation in times of oil supply shortages. There have been fifteen such crises since the Second World War, three of which with dramatic consequences for the world economy. This analysis evaluates European cooperative efforts in seven of these cases, starting with the Abadan crisis in 1951. The cases are selected on the basis of their magnitude and economic impact. In particular, the study looks at intergovernmental negotiations within existing international bodies prior to, during, and immediately after the crisis. This study suggests that institutions are more likely to facilitate interstate cooperation in the presence of a strong leader-a role, which in the case of oil was assumed by the United States until the early 1970s. Cooperation in the oil issue-area has been the subject of only a few studies, none of which provides a systematic and comprehensive analysis. They are also limited in their scope and findings. Oil Supply Crises fills a significant gap in the literature on oil supply shortages and cooperation.
Black Beaches and Bayous: The BP Deepwater Horizon Oil Spill Disaster provides a multidisciplinary, international perspective on one of the major disaster events within the United States during the last ten years. Scholars from various disciplines including sociology, political science, ecology, psychology, and criminal justice investigate the different components and issues associated with this event. The contributors address topics such as the social and historical context of fossil fuel use, steps within the technological disaster process, and similarities and differences between this disaster and other technological disasters. They also discuss the social and psychological impacts on Gulf Coast residents, the transformation of natural ecological systems, changes in risk assessment, and media portrayals of the Obama administration and its response to this disaster.
The relationship between the price of oil and the level of economic activity is a fundamental issue in macroeconomics. There is an ongoing debate in the literature about whether positive oil price shocks cause recessions in the United States (and other oil-importing countries), and although there exists a vast empirical literature that investigates the effects of oil price shocks, there are relatively few studies that investigate the direct effects of uncertainty about oil prices on the real economy. The book uses recent advances in macroeconomics and financial economics to investigate the effects of oil price shocks and uncertainty about the price of oil on the level of economic activity.
The petroleum and chemical industries contain a wide variety of corrosive environments, many of which are unique to these industries. Oil and gas production operations consume a tremendous amount of iron and steel pipe, tubing, pumps, valves, and sucker rods. Metallic corrosion is costly. However, the cost of corrosion is not just financial. Beyond the huge direct outlay of funds to repair or replace corroded structures are the indirect costs natural resources, potential hazards, and lost opportunity. Wasting natural resources is a direct contradiction to the growing need for sustainable development. By selecting the correct material and applying proper corrosion protection methods, these costs can be reduced, or even eliminated. This book provides a minimum design requirement for consideration when designing systems in order to prevent or control corrosion damage safely and economically, and addresses: Corrosion problems in petroleum and chemical industries Requirements for corrosion control Chemical control of corrosive environments Corrosion inhibitors in refineries and petrochemical plants Materials selection and service life of materials Surface preparation, protection and maintainability Corrosion monitoring - plant inspection techniques and laboratory corrosion testing techniques Intended for engineers and industry personnel working in the petroleum and chemical industries, this book is also a valuable resource for research and development teams, safety engineers, corrosion specialists and researchers in chemical engineering, engineering and materials science.
As global consumption of fossil fuels such as oil increases, previously abundant sources have become depleted or plagued with obstructions. Asphaltene deposition is one of such obstructions which can significantly decrease the rate of oil production. This book offers concise yet thorough coverage of the complex problem of asphaltene precipitation and deposition in oil production. It covers fundamentals of chemistry, stabilization theories and mechanistic approaches of asphaltene behavior at high temperature and pressure. Asphaltene Deposition: Fundamentals, Prediction, Prevention, and Remediation explains techniques for experimental determination of asphaltene precipitation and deposition and different modeling tools available to forecast the occurrence and magnitude of asphaltene deposition in a given oil field. It discusses strategies for mitigation of asphaltene deposition using chemical inhibition and corresponding challenges, best practices for asphaltene remediation, current research, and case studies.
Are oil-rich countries prone to war? And, if so, why? There is a widely held belief that contemporary wars are motivated by the desire of great powers like the United States or Russia to control precious oil resources and to ensure energy security. This book argues that the main reason why oil-rich countries are prone to war is because of the character of their society and economy. Sectarian groups compete for access to oil resources and finance their military adventures through smuggling oil, kidnapping oil executives, or blowing up pipelines. Outside intervention only makes things worse. The use of conventional military force as in Iraq can bring neither stability nor security of supply. This book examines the relationship between oil and war in six different regions: Angola, Azerbaijan, Colombia, Indonesia, Nigeria and Russia. Each country has substantial oil reserves, and has a long history of conflict. The contributors assess what part oil plays in causing, aggravating or mitigating war in each region and how this relation has altered with the changing nature of war. It offers a novel conceptual approach bringing together Kaldor's work on 'new wars' and Karl's work on the petro-state.
Any understanding of the complex politics of the post-Soviet Caucasus presupposes an understanding of the relationship between the transportation of Azerbaijan's oil, inter-state relations and ethnic conflicts. Energy and Security in the Caucasus is a contribution to the debate revolving around the geo-politics of the Caucasus.
Fuel Taxes and the Poor challenges the conventional wisdom that gasoline taxation, an important and much-debated instrument of climate policy, has a disproportionately detrimental effect on poor people. Increased fuel taxes carry the potential to mitigate carbon emissions, reduce congestion, and improve local urban environment. As such, higher gasoline taxes could prove to be a fundamental part of any climate action plan. However, they have been resisted by powerful lobbies that have persuaded people that increased fuel taxation would be regressive. Reporting on examples of over two dozen countries, this book sets out to empirically investigate this claim. The authors conclude that while there may be some slight regressivity in some high-income countries, as a general rule, fuel taxation is a progressive policy particularly in low income countries. Rich countries can correct for regressivity by cutting back on other taxes that adversely affect poor people, or by spending more money on services for the poor. Meanwhile, in low-income countries, poor people spend a very small share of their money on fuel for transport. Some costs from fuel taxes may be passed on to poor people through more expensive public transportation and food transport. Nevertheless, in general the authors find that gasoline taxes become more progressive as the income of the country in question decreases. This book provides strong arguments for the proponents of environmental taxation. It has immediate policy implications at the intersection of multiple subject areas, including transportation, environmental regulation, development studies, and climate change. Published with Environment for Development initiative.
In Kazakhstan, the oil industry plays a crucial role in its economic and political life due to the country's considerable oil revenues and accompanying conflicting interests. As an arena of political struggle, this industry provides a good test case for uncovering regime maintenance techniques. This book examines the ways in which the post-Soviet Kazakh regime has managed to sustain itself in power, and the regime maintenance techniques it has used in the process of establishing and upholding its position. It scrutinizes the tools that the Kazakh regime employed in order to bring the country's oil industry under its control and, while doing so, shifts the emphasis from the prevalent zhuz-horde, tribe, and clan-based approaches to Kazakh politics towards corporatism and patron-client mechanisms of control. Based on extensive field work in Kazakhstan and in-depth interviews with high ranking representatives of companies working in Kazakhstan's oil and gas industry, both local and foreign, the National Oil Company and its subsidiaries, government agencies, foreign diplomats, journalists and representatives of oppositional parties and NGOs, this book provides a comprehensive study of the issues of politics of oil and state-business relationships in Kazakhstan.
China's rapid economic growth has led to a huge increase in its domestic energy needs. This book provides a critical overview of how China's growing need for oil imports is shaping its international economic and diplomatic strategy and how this affects global political relations and behaviour. Part One is focused on the domestic drivers of energy policy: it provides a systematic account of recent trends in China's energy sector and assesses the context and processes of energy policy making, and concludes by showing how and why China's oil industry has spread across the world in the last fifteen years. Part Two analyses the political and foreign policy implications of this energy-driven expansion and the challenges this potentially poses for China's integration into the international system. It examines a number of factors linked to this integration in the energy field, including the unpredictabilities of internal policymaking; China's determination to promote its own critical national interests, and the general ambition of the Chinese leadership to integrate with the international system on its own terms and at its own speed. The highly topical book draws together the various dimensions of China's international energy strategy, and provides insights into the impact of this on China's growing international presence in various parts of the world.
Gulf Oil Collectibles by Charles Whitworth covers over one hundred different categories of Gulf collectibles, containing over 500 different pictures in full color of everything from cans, signs, promotional items, and clothing, to toys and many other Gulf related items. If it's Gulf, its probably covered in this book. The values here have been established based on the author's years of collecting Gulf Oil memorabilia.
This book analyzes the expanding oil and gas activities in the Arctic from the perspective of Sustainable Development (SD) and Corporate Social Responsibility (CSR). The focus is on the territories of the Arctic rim where the current and future oil and gas activities in the Arctic are and will be located. The book raises a number of questions including how sustainable development has been framed in the Arctic and the interaction between indigenous peoples, governments and oil and gas companies. The book is divided into three parts. In the first part of the
book, oil and gas are approached through the concepts of
sustainable development (SD) and Corporate Social Responsibility
(CSR) together with the challenge of climate change. The second
part consists of case studies from Alaska, Canada, Norway and
Russia where the discourses on oil and gas in the Arctic are
explored and the final part of the book draws together the material
from the country studies in a comparative manner.
This book traces the history and implementation of regulation programs for state crude oil production. Originally published in 1967
First Published in 2011. Routledge is an imprint of Taylor & Francis, an informa company.
The author develops an economic framework for analyzing state regulation of oil and gas and concludes that existing regulations fall short of assuring optimum well spacing, production rates, use of associated gas, and exploration. Originally published in 1971.
An impending energy crisis is looming globally, which has led to the use of effluents from paper mills for enhanced oil recovery (EOR), CO2 flooding and wastewater treatment by biosurfactants, and the current market demand for cost-competitive and environment-friendly alternatives to synthetic chemicals. This up-to-date book on petroleum technology provides a comprehensive review of the background and recent advances in the field of petroleum technology and highlights various facets of the fascinating world of upstream, midstream and downstream petroleum technologies. It comprises 25 chapters, each representing the progress, prospects and challenges in petroleum research, and focuses on the tremendous progress made by the scientific community in this research field. The book covers in detail EOR processes, reservoir engineering, production operation and optimisation, pipeline transportation and storage, CO2 capture and sequestration, wastewater management and innovative treatment, refining technologies, environmental chemistry, and biochemistry and biotechnology for the petroleum industry.
National oil companies (NOCs) play an important role in the world economy. They produce most of the world's oil and bankroll governments across the globe. Although NOCs superficially resemble private-sector companies, they often behave in very different ways. Oil and Governance explains the variation in performance and strategy for NOCs and provides fresh insights into the future of the oil industry as well as the politics of the oil-rich countries where NOCs dominate. It comprises fifteen case studies, each following a common research design, of NOCs based in the Middle East, Africa, Asia, Latin America and Europe. The book also includes cross-cutting pieces on the industrial structure of the oil industry and the politics and administration of NOCs. This book is the largest and most systematic analysis of NOCs to date and is suitable for audiences from industry and academia, as well as policymakers.
The petroleum industry is among the most lucrative and most important in the world, and its impact within the realm of international politics is tremendous (although it can be overstated). Taking a well-balanced and objective approach to the complicated web of political and economic threads that make up the fabric of the oil industry, Falola and Genova introduce the most salient aspects in clear language, offering cogent and up-to-date information about the countries, companies, international organizations, and people who shape the contemporary history of the black gold. The relationship of international politics and the global oil industry affects everyone but is understood by few. Taking a well-balanced and objective approach to deconstructing this intricate web for those unfamiliar with the industry, Falola and Genova introduce the major players in the field, offering cogent and up-to-date information about the countries, companies, organizations, and people who shape the contemporary history of oil. They break down the essentials, describing the discovery process, the different types of oil, and the various processes by which oil gets to the market. Then they provide a brief history of the major oil-producing countries, followed by a discussion of OPEC and international efforts to control the price and supply of oil. After setting the stage, they introduce the most salient political issues that are influenced by oil, namely environmental protection, human rights, and economic development. Finally, a look at each of seven major oil exporters-Iraq, Mexico, Nigeria, Norway, Russia, Saudi Arabia, and Venezuela-demonstrates that the black gold can be both a blessing and a curse for the countries that produce it. Despite the need to learn how to exploit alternative energy sources before the oil runs out, we will continue to be dependent on oil for the foreseeable future. Today's oil demands are not only generated by such obvious activities as gassing up our cars or powering our aircraft, but also from the ubiquitous technological gadgets that have infiltrated our daily lives. From computer monitors to CDs, from cell phones to the petroleum-generated materials used in our shoes and sweaters, our reliance on oil continues to grow. Because price and supply are highly dependent on political events in distant countries, it is essential for American consumers to understand the intricacies of this complex subject. Falola and Genova demystify the industry and invite us to investigate more deeply this vital resource.
There are few areas of economic policy-making in which the returns to good decisions are so higha "and the punishment of bad decisions so cruela "as in the management of natural resource wealth. Rich endowments of oil, gas and minerals have set some countries on courses of sustained and robust prosperity; but they have left others riddled with corruption and persistent poverty, with little of lasting value to show for squandered wealth. And amongst the most important of these decisions are those relating to the tax treatment of oil, gas and minerals. This book will be of interest to Economics postgraduates and researchers working on resource issues, as well as professionals working on taxation of oil, gas and minerals/mining.
Major companies that once controlled the world's oil resources, refineries and distribution systems are now having to share the market with national oil companies, independent producers and local distributors, while developing nations are extending ever more attractive terms for exploration, development and production. The result is an increase in the overall world oil supply and an intensification of competition in the industry. Such challenges force oil producers to search for new technologies in order to remain competitive in the world market. Strategic positioning plays an important role, determining whether a producer can benefit from the latest technologies and is able to dispose of its oil in the international market, or profit from the oil-price fluctuations in the commodity market. This study considers strategic positioning and the options available to countries and companies alike in terms of their upstream and downstream industries. |
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