Perspectives of Oil and Gas: The Road to Interdependence is an up-to-date analysis of the dynamics of petroleum resources. It covers such subjects as oil reserves, depletion policy, pricing strategy, technological factors, and consumer trends. Likewise, it addresses the constraints faced by oil industry planners, from production to third party sales and refining. In addition to in-depth analysis, this book proposes practical solutions to complex problems: for example, how the different objectives and interests of international oil companies and oil producing countries can be reconciled to their mutual advantage. Attention is also focused on development through cooperation beween producers, importers, and multinationals. Perspectives of Oil and Gas ends by addressing the main challenges confronting interdependent economies in the near future. Audience: Decision-makers, policy planners, and academics concerned with the business and technical aspects of the petroleum economy and industry.

This may be the most important book you or anyone else will read in the next fifty years. Assuming humanity survives that long. Draining the lifeblood of industrial civilization, the terminal decline of oil and gas production will spark a crisis far more dangerous than international terrorism, and more urgent than climate change. World leaders know it, so why aren't they telling? The last oil shock is the secret behind the crises in Iraq and Iran, the reason your gas bill is going through the roof, the basis of a secret deal cooked up in Texas between George Bush and Tony Blair, the cause of an imminent and unprecedented economic collapse, and the reason you may soon be kissing your car keys and boarding pass goodbye. David Strahan explains how we reached this critical state, how the silence of governments, oil companies and environmentalists conspires to keep the public in the dark, what it means for energy policy, and what you can do to protect yourself and your family from the ravages of the last oil shock.

'Dripping with delicious detail' - Aditya Chakrabortty Taking the reader on a journey through North East Scotland, Merseyside, South Wales, the Thames Estuary and London, this is the story of Britain's oil-soaked past, present and future. Travelling the country, the authors discover how the financial power and political muscle of an industry built the culture of a nation from pop music to kitchen appliances, and how companies constructed an empire, extracting the wealth of the world from Iran to Nigeria and Alaska. Today, the tide seems to be going out - Britain's refineries have been quietly closed, the North Sea oilfields are declining and wind farms are being built in their place. As the country painfully shifts into its new post-industrial role in the shadow of Covid, Brexit and the climate crisis, many believe the age of oil to be over. But is it? Speaking to oil company executives and traders, as well as refinery workers, filmmakers and musicians, activists and politicians, the authors put real people at the heart of a compelling story.

Oil pulses through our daily lives. It is the plastic we touch, the food we eat, and the way we move. Oil politics in the twentieth century was about the management of abundance, state power, and market growth. The legacy of this age of plenty includes declining conventional oil reserves, volatile prices, climate change, and enduring poverty in many oil-rich countries. The politics of oil are now at a turning point, and its future will not be like its past. In this in-depth primer to one of the world s most significant industries, authors Gavin Bridge and Philippe Le Billon take a fresh look at the contemporary political economy of oil. Going beyond simple assertions of peak oil and an oil curse, they point to an industry reordered by global shifts in demand toward Asia, growing reliance on unconventional reserves, international commitments to reduce carbon emissions, a growing campaign for fossil fuel divestment, and violent political struggles in many producer states. As a new geopolitics of oil emerges, the need for effective global oil governance becomes imperative. Highlighting the growing influence of civil society and attentive to the efforts of firms and states to craft new institutions, this fully updated second edition identifies the challenges and opportunities to curtail price volatility, curb demand and the growth of dirty oil, decarbonize energy systems, and improve governance in oil-producing countries.

Leveraging Synergies Between Refining and Petrochemical Processes provides a detailed description of the interfaces and connections between crude oil refining and petrochemicals. It offers a view of global and regional markets and economic opportunities for synergies between these sectors. Features: Shows a global and regional market outlook for crude oil refining and petrochemical sectors Explores economic and market opportunities for taking advantage of the synergies between both sectors Analyzes the technical challenges and opportunities that come with these synergies Gives an outlook and prediction of what companies will be able to achieve in the mid-term future Provides introductory and explanatory material as well as in-depth insight into future technology and market developments This book serves as a reference for professionals in chemical engineering, oil and gas engineering, and industrial chemistry. It aims to help engineers and industry professionals understand the challenges and the potential benefits of developing expansion or optimization projects that may bridge the gap between refining and petrochemicals.

Building on original research into the petroleum industry and on the theory of crimes of globalization, this book introduces the concept of Market Criminology: the criminology of preventable market-generated harms and the criminogenic effects of market rationality in variegated forms of capitalism. Ifeanyi Ezeonu explores the ascendance of the fundamentalist form of market economy in Nigeria; the complicity of the state political and security apparatuses in the corporate expropriation of the country's petroleum resource wealth; the deleterious effects of this neoliberal architecture on the local population, as well as community resistance strategies over the years. This book offers a major contribution to research on state-corporate crime and the crimes of the powerful. Key reading for scholars and students in the areas of criminology, international political economy and sociology, this book will also be rich resource for researchers and non-governmental agencies working in the areas of environmental protection, human rights and sustainable development in the Global South, especially the Sub-Saharan Africa.

The last decade has seen a far-reaching revolution in the oil industry, both in the US and globally. By some measures, America is on pace to become the world's biggest oil producer, an outcome that was inconceivable just a few years ago. But what does this shift really mean for American and global security? In Myths of the Oil Boom, Steve A. Yetiv, an award-winning expert on the geopolitics of oil, takes stock of our new era of heightened petroleum production and sets out to demolish both the old myths and misconceptions about oil and the new ones that are quickly proliferating. As he explains, increased production in the US will not lead to a major reduction in longer term oil prices, even if it has contributed to their precipitous fall in the short run. America will not intervene less in the Persian Gulf just because it is producing more oil domestically. Saudi Arabia is less willing or able to play global gas pump to the world economy than in the past. Building an electric car industry does not mean that consumers will buy in, but neither is it true that a broad shift toward eco-friendly cars will have very little impact on greenhouse gas emissions. Most importantly, raising the level of domestic production will never solve America's energy and strategic problems, and it may in fact worsen climate change unless it is accompanied by a serious national and global strategy to decrease oil consumption. While Yetiv takes on these and a number of other misconceptions in this panoramic account, this is not just an exercise in myth-busting; it's also a comprehensive overview of the global geopolitics of oil and America's energy future, cross-cutting some of the biggest economic and security issues in world affairs. Accessibly written and sharply argued, Myths of the Oil Boom will reframe our understanding of the most politicized commodity in the world.

This volume examines the social history of oil workers and investigates how labor relations have shaped the global oil industry during the twentieth century and today. It brings together the work of scholars from a range of disciplines, approaching the social, political, economic and cultural dimensions of oil. The contributors analyze a number of key oil producing regions, including the Americas, the Middle East, Central Asia, the Caucasus, Europe and Africa.

The Nigerian state has been oil-rich for decades, and yet perennially incapable of converting its oil resources into wealth for ordinary Nigerians. Adeoye O. Akinola tackles this "vexed" oil question by examining the political economy of efforts to deregulate the Nigerian downstream oil industry. Focusing on themes of globalization and democratization, this book considers how a resource-rich developing country like Nigeria can exploit the opportunities of globalization and navigate the pressures of democratization and the challenges of liberalization. Pairing sophisticated theoretical frameworks with firsthand accounts from actors in the oil industry, this book identifies the root causes of Nigeria's development struggles and offers practical policy solutions for successfully deregulating the oil sector. For public officials and policymakers as well as researchers, this book offers a critical new lens on the future of natural resource management in Nigeria and the Global South.

This book develops new econometric models to analyze and forecast the world market price of oil. The authors construct ARIMA and Trend models to forecast oil prices, taking into consideration outside factors such as political turmoil and solar activity on the price of oil. Incorporating historical and contemporary market trends, the authors are able to make medium and long-term forecasting results. In the first chapter, the authors perform a broad spectrum analysis of the theoretical and methodological challenges of oil price forecasting. In the second chapter, the authors build and test the econometric models needed for the forecasts. The final chapter of the text brings together the conclusions they reached through applying the models to their research. This book will be useful to students in economics, particularly those in upper-level courses on forecasting and econometrics as well as to politicians and policy makers in oil-producing countries, oil importing countries, and relevant international organizations.

The author of the bestseller The Iron Triangle untangles a web of political back scratching in one of the world's most powerful companies
Halliburton-a Texas oil-field company Dick Cheney ran before he became Vice President-has courted controversy for the better part of the twentieth century, but only recently has it received intense media scrutiny. In The Halliburton Agenda, Halliburton and its subsidiaries form the foundation of a fascinating story of influence peddling and behind-the-scenes political maneuvering that has only increased in momentum over the last decade-culminating in a firestorm of problems arising as soon as Cheney took office.
This intriguing book shows readers where Halliburton has been doing business and with whom-topping the list so far are Iran, Iraq, and Libya. It also reveals how this juggernaut of a corporation has engaged in a cycle of profits that begins by selling products and services to potential terrorist states, contracting with the federal government during times of war against those states, then gaining valuable rebuilding contracts to help repair those states. It will also show how a Halliburton subsidiary, Kellogg Brown & Root, has become an indispensable part of the U.S. military, so much so that the two are indistinguishable at times.
Halliburton is one of the first American companies to recognize the importance of aligning itself with powerful politicians, heavily contributing to campaigns, then cashing in on lucrative government contracts. Engaging and informative, The Halliburton Agenda carefully explores the arc of the company's success, its use of political affiliation, and the scope of its international business.

The book, a joint work of the African Development Bank and the African Union, presents a comprehensive analysis of the oil and gas resources in Africa. It uniquely highlights, through country examples, and with an African focus but a global perspective, the specific challenges and constraints facing the continent as a whole in the exploitation and utilization of its oil and gas resources. It partly draws on a model that simulates the impact of high oil prices on African economies, a model that was developed by the Research Department of the Bank in a separate study. The roles of AfDB and AU are analyzed, considering their differing, but complementary, mandates geared towards the development of the continent. Finally, the book includes recommendations on the future directions and actions for maximizing benefits of Africa's oil and gas resources.

Kirkuk is Iraq's most multilingual city, for millennia home to a diverse population. It was also where, in 1927, a foreign company first struck oil in Iraq. Over the following decades, Kirkuk became the heart of Iraq's booming petroleum industry. City of Black Gold tells a story of oil, urbanization, and colonialism in Kirkuk-and how these factors shaped the identities of Kirkuk's citizens, forming the foundation of an ethnic conflict. Arbella Bet-Shlimon reconstructs the twentieth-century history of Kirkuk to question the assumptions about the past underpinning today's ethnic divisions. In the early 1920s, when the Iraqi state was formed under British administration, group identities in Kirkuk were fluid. But as the oil industry fostered colonial power and Baghdad's influence over Kirkuk, intercommunal violence and competing claims to the city's history took hold. The ethnicities of Kurds, Turkmens, and Arabs in Kirkuk were formed throughout a century of urban development, interactions between communities, and political mobilization. Ultimately, this book shows how contentious politics in disputed areas are not primordial traits of those regions, but are a modern phenomenon tightly bound to the society and economics of urban life.

One of the dominant export-oriented industries in Russia, oil is a major source of tax revenue and wealth. The privatization of these vast assets has made the industry a site not only for conflict between power holders but also a strategic target for international corporations and Western governments. In this thoughtful analysis, a group of international specialists explores the political and economic issues and controversies surrounding the oil industry's move to capitalism. The authors examine the spread of crime and corruption, the role of Russian and Western financial institutions, regional tensions, and the international dimension. As a paradigm for the Russian economy as a whole, the case of oil industry provides invaluable insights for understanding the political and economic problems confronting Russia today.

Education and Training for the Oil and Gas Industry: Localising Oil and Gas Operations, Volume Four in the Getenergy series will set out the case for localising the oil and gas operations within hydrocarbon-producing countries. The focus of this final Volume in the series will be to explore the value of engaging with local suppliers, local talent and other local stakeholders in the exploration and production of oil and gas resources. Specifically, we will set out an agenda around which operators and service companies can coalesce and that highlights the ways in which smart, targeted investments in education, training and local infrastructure can create a new way of doing business, particularly in developing or emerging energy economies. Getenergy Intelligence have developed a unique tool to evaluate the potential cost benefits of localisation for any given project. This volume lays out the rationale, methodology and processes we have developed to successfully map out localisation and implement strategic capacity development for oil and gas operations. The significant cost benefits of localisation have been recognised by a number of major oil and gas companies, but localisation is still an aspect of doing business that is poorly understood by much of the global industry. In the first section of this book, the authors provide the rationale for localisation and layout the core reasons for developing the tool. In the second section, the tool is described and the exact methodology is explained. In the final section the authors provide three case studies, demonstrating the tool in action and showing how we are able to measure the cost effectiveness and wider value of a coherent approach to localisation.

The remarkable story of one man's journey to leadership of the world's largest energy company, The Caravan Goes On is the first published inside account of the workings of the corporation by a CEO and represents a significant addition to the literature on the turbulent development of the world's oil industry. Frank Jungers, former President, Chairman and CEO of the petroleum giant Aramco, tells the inside story of his three decades in Saudi Arabia (1947-1978) with the world's largest oil producing company. A North Dakota farm boy Jungers rose to the top of one of the most important hydrocarbon enterprises ever, a company that eventually found itself responsible for nearly one-quarter of the world's oil resources. He writes of his face-to-face encounters with King Faisal and other Saudi leaders, and his role in steering the company through major international crises that included the 1973 Arab-Israeli war, the dramatic oil price increases of the 1970s, the Arab oil embargo and the OPEC hostage incident of 1975. Central to Jungers' story is his role in helping to develop Aramco's Saudi workforce in preparation for the eventual transfer of company ownership from four American oil majors to the Government of Saudi Arabia. He explains the unique nature of the ownership transfer, which was remarkably different from the bitter nationalization process seen in Iraq, Libya, Iran and Venezuela. Jungers describes how Aramco and the Kingdom of Saudi Arabia in an important sense grew up together, and he highlights the crucial role played by Aramco in the development of the young nation's infrastructure and economy. The Caravan Goes On describes the origins of the petroleum industry in Saudi Arabia, with the granting of a concession in 1933 to a subsidiary of Standard Oil of California, the first of Aramco's four oil-company parents. Jungers talks of his own origins as the son of farmer in North Dakota, the family's migration westward due to drought and depression, and his engineering studies at the University of Washington. Jungers began his career in Saudi Arabia working at Ras Tanura, site of Aramco's first oil refinery and oil tanker terminal. He describes how Aramco built its initial workforce, consisting of Americans, Italians, Saudis and other nationalities; he explains how it soon became clear that the future of the Saudi oil industry belonged not with foreign oil interest but to the people of Saudi Arabia; and he relates how he and others worked to give Saudis the training and incentives needed to take over and successfully operate what would become the world's premier oil producing and exporting company. At the same time, Aramco, with its technological expertise and its access to international specialists, began playing a central role in the development of the Kingdom of Saudi Arabia. The company, with support and encouragement of the Saudi Kings, took a lead role in building healthcare, agriculture, the railroads, the electric grid and other sectors of the Saudi economy. The story of the "King Faisal Era" (including the monarch's role in the oil price issue, the Arab oil embargo and his closed-door meetings with the King and his key advisers, including Oil Minister Shaikh Ahmed Zaki Yamani) are vividly described, as well as the shock of King Faisal's tragic death and the tense moments of the OPEC hostage incident that began in Vienna and ended in North Africa. Jungers speaks of his involvement in launching Saudi Arabia's Master Gas System, now a central part of the national economy and his pivotal role in the consolidation of Saudi Arabia's electrical power grid in the Eastern Province. When he returned to Saudi Arabia in 2008 to attend the celebrations of the company's 75th anniversary he fully realized the success of the Aramco venture - how it had indeed prepared large numbers of Saudis for the responsibilities of leading their country's oil industry into a new and exciting economic era. This personal, colorful and up-close view is required reading for oil-industry watchers as well as those interested in big business, geopolitics, America's role in the Middle East and the extraordinary transformation and emergence of modern Saudi Arabia since oil was discovered in its Eastern Province.

The first volume in a new Springer Series on Shipping and Transport Logistics, Oil Transport Management provides a full historical account of the evolution of the oil transport industry since the 1800's. In this comprehensive guide, the authors investigate the industry and describe the shipping market and its structure, as well as forecasting, location plan and the transportation chain. They dedicate a separate chapter to each topic to cover various concepts, including: an introduction to the tanker shipping market, including how the freight, new vessel building, second hand and demolition markets influence one another, the economic structure and organization of the tanker industry in both the past and present, and forecasting the need for oil-based sea transportation. Further chapters present case studies and simulations to illustrate the importance of factory location decisions and the need for oil infrastructure investments. Chapter One also includes a regression equation to predict the fleet size in tanker shipping. Oil Transport Management is a key reference, which can be practically applied to wider global research and practices. Ideal for both industry practitioners, and researchers and students of shipping studies, Oil Transport Management provides a concise yet comprehensive coverage of the oil transport industry's history and a guide for its future development.

Joint operating agreements (JOA) are well-accepted standard agreements in the oil and gas industry. The basic aim of a JOA is to regulate the relationship between the parties to the joint venture: the operator and the non-operators. The former is responsible for performing the operations on the behalf of the consortium, while the latter share in the costs of the joint venture. The main goal of the consortium is to provide joint operations to share the risks and costs of such an enterprise. Exclusive operations, by contrast, provide for independent operations rather than joint operations. If these independent operations are successful, the ultimate consequence is the creation of a sub-consortium with different rules and parties; that is why this provision is so complex. There are no standard JOA models presenting clear and safe guidance on how to structure and implement independent operations. For example, it is unclear how the parties decide whether and how these will affect the joint operations; what the consequences are if the operator for the joint operations refuses to be the operator for the exclusive operations; what happens should the government reject such a proposal (if the government is involved); what this provision should look like if a national oil company is a partner; and which provisions of the main JOA should apply to the exclusive operations. This title examines the most complex provision of the JOA, explaining everything that individuals working in the petroleum industry should know about exclusive operations and their consequences. It begins by explaining what exclusive operations are, the rationale (including pros and cons) behind them, and the parties to which they will be of interest. It goes on to conduct the most extensive practical analysis available on the market, with over 10 JOAs analysed from all regions of the world, together with historical models that are no longer available for consultation. It then compares how joint development zones and unit operating agreements deal with exclusive operations, as they share the same concept as a JOA, but with parties from different blocs or jurisdictions. It finally provides clear guidance on international best practices and their main flaws, along with suggestions for existing and future JOAs. In short, it offers a complete analysis of the most complex clause of the JOA, from its concept to its final implications. International oil companies, independents, national oil companies, consultants, legal advisers and consultants will be interested to learn how they could perfect their JOAs and understand the risks and issues that they might face in the future.

Essentials of Water Systems Design in the Oil, Gas and Chemical Processing Industries provides valuable insight for decision makers by outlining key technical considerations and requirements of four critical systems in industrial processing plants-water treatment systems, raw water and plant water systems, cooling water distribution and return systems, and fire water distribution and storage facilities. The authors identify the key technical issues and minimum requirements related to the process design and selection of various water supply systems used in the oil, gas, and chemical processing industries. This book is an ideal, multidisciplinary work for mechanical engineers, environmental scientists, and oil and gas process engineers.

This book applies a systems and risk perspective on international energy relations, author Per Hoegselius investigates how and why governments, businesses, engineers and other actors sought to promote - and oppose- the establishment of an extensive East-West natural gas regime that seemed to overthrow the fundamental logic of the Cold War.

In the wake of World War I, British attempts to exclude American oil companies from Iraq and Persia caused serious strains in Anglo-American relations. In May 1921 an 'oil entente' was reached that granted American oil companies an 'open door' and 'equal opportunity' in Iraq, and in return America acknowledged British domination of Persia and monopoly of its oil. This entente was soon tested when Persians gave an oil concession to the Sinclair Oil Company of New York and tried to rid themselves of the recently installed Pahlavi dictatorship. It was in the midst of this unrest, in May of 1924, that American Vice-Consul Robert Imbrie arrived in Tehran. Almost immediately after his arrival, Imbrie began sending reports to Washington that were highly critical of the British policies in Persia. On July 18, 1924, Imbrie was brutally murdered in Tehran, supposedly by a mob of religious fanatics. To save face and avoid international complications, the U.S. government accepted the Persian government's version of the killing. In this detailed examination of Anglo-American, American-Persian, and Anglo-Persian relations, author Mohammad Gholi Majd argues that Imbrie was in fact the victim of a conspiracy. Using records of the U.S. Department of State, this text examines how the murder enabled Britain to maintain its monopoly of Persian oil and further consolidate the Pahlavi dictatorship. The killing of Imbrie ultimately facilitated the consummation of the Anglo-American oil entente.

"The Chinese Oil Industry: History and Future" presents a wealth of tables and figures with new data on Chinese fossil fuel production and consumption, together with a peak oil model to forecast future trends in energy supply and demand. Energy experts in China and the United States provide you with a unique overview of the entire Chinese oil industry. The authors discuss trends in production and consumption of global significance through to the middle of the 21st century, including the energy returned on energy invested (EROI) for China s oil and gas.

The role of oil in the industrialization of China is described as arefour phases in the history of the Chinese oil industry. Detailed coverage of resources and exploration, pipeline development, refining and marketing, petroleum and natural gas pricing policies, and international cooperation is followed by consideration of conservation, renewable energy, and environmental impact. The authors also address the importance of coal and the probable future of coal production.
- Offers a comprehensive view of theChinese oil industry

- Presents new and previously unpublished data

- Covers history and future trends in production and consumption

- Introduces a new peak oil model for China

- Discusses EROI trend of oil and natural gas and its consequences for the Chinese economy

- Written from an objective viewpoint by leading energy experts"

This book highlights the continuing impunity enjoyed by corporations for large scale crimes, and in particular the crime of toxic waste dumping in Ivory Coast in 2006. It provides an account of the crime, and outlines contributory reasons for the impunity both under the law and from a criminological point of view. Furthermore, the book reveals the retrogressive role of civil society organisations (CSOs) in Ivory coast, contrary to the societal expectations made of 'non-governmental' organisations (NGOs) and CSOs. This book reveals that in the case of this particular example of state-corporate crime, civil society as an agency of censure and sanction actually played a distinctly retrogressive role. Here, in fact, state and state-corporate crime facilitates corruption within the civil society sphere through a process referred to in the book as the 'commodification of victimhood' and, as a result, ensures that impunity is virtually guaranteed for the corporation and the Ivorian government. This book also examines the failure of international and domestic legal measures to sanction the perpetrators alongside civil society's shortcomings and ultimately advocates a more cautionary approach to civil society's potential to label, censure and sanction large-scale state-corporate crime. This book will help readers understand the difficulties in sanctioning such crime as well as promoting the theoretical framework of state crime, the understanding of which could lead to the alleviation of human suffering at the hands of criminal states and corporations.

Freshwater is a most precious natural resource. To the developed world, refreshing, untainted water is presumed from the taps of millions of householders. The many rivers, streams, ponds and lakes are for the pleasure and enjoyment of the leisure hours of urban dweller and rural inhabitant alike-boating, fishing, sailing and swimming come readily to mind. To the agriculturalist and industrialist it is often the cornerstone of their enterprises. To the environmentalist and naturalist it is the basis of the wetland and open water communities which provide the habitats for a wealth of flora and fauna. In the developing world the emphasis is very different. A spring, well, river or swamp is the basis of day-to-day survival for family, livestock and crops. Subsistence fishing is often the major source of protein. Freshwater may be the unwitting purveyor of disease but with good management this can be regulated and monitored. But Man by nature, is a selfish species who tends to have scant regard for the quality of life of future generations. The much publicised destruction of forests is a notorious example. Not so well-known is the pressure on one of the world's most fragile ecosystems, the wetlands.

Shortlisted for the Financial Times and McKinsey Business Book of the Year Award, and one of The Observer's 'Thirty books to help us understand the world'. Are we really to blame for the climate crisis? Over 70 per cent of global emissions come from the same 100 organisations, but fossil-fuel companies have taken no responsibility themselves. Instead, they have waged a 30-year campaign to blame individuals. The result has been disastrous for our planet. In The New Climate War, renowned scientist Michael E. Mann argues that all is not lost. He draws the battle lines between the people and the polluters - fossil-fuel companies, right-wing plutocrats, and petro-states - and outlines a plan for forcing our governments and corporations to wake up and make real change.