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Books > Business & Economics > Industry & industrial studies > Energy industries & utilities > Petroleum & oil industries
In the last quarter of the twentieth century the United States is both more involved in the global political economy and less able to shape its course. In this lucid and theoretically sophiticated book, Ikenberry focuses on the oil price shocks of 1973-74 and 1979, which placed extraordinary new burdens on governments worldwide and partiuclarly on that of the United States.
The Polar North is known to be home to large gas and oil reserves and its positionholds signifi cant trading and military advantages, yet the maritime boundaries of the region remain ill-defined. In the twenty-first century the Arctic is undergoing profound change. As the sea ice melts, a result of accelerating climate change, global governance has become vital. In this first of three volumes, the latest research and analysis from the Fridtjof Nansen Institute, the world's leading Arctic research body, is brought together. Arctic Governance: Law and Politics investigates the legal and political order of the Polar North, focusing on governance structures and the Law of the Sea. Are the current mechanisms at work effective? Are the Arctic states' interests really clashing, or is the atmosphere of a more cooperative nature? Skilfully delineating policy in the region and analysing the consequences of treaty agreements, Arctic Governance's uncovering of a rather orderly 'Arctic race' will become an indispensable contribution to contemporary International Relations concerning the Polar North.
Dispatches of radical political engagement from people taking a stand against the Dakota Access Pipeline It is prophecy. A Black Snake will spread itself across the land, bringing destruction while uniting Indigenous nations. The Dakota Access Pipeline is the Black Snake, crossing the Missouri River north of the Standing Rock Indian Reservation. The oil pipeline united communities along its path-from North Dakota, South Dakota, Iowa, and Illinois-and galvanized a twenty-first-century Indigenous resistance movement marching under the banner Mni Wiconi-Water Is Life! Standing Rock youth issued a call, and millions around the world and thousands of Water Protectors from more than three hundred Native nations answered. Amid the movement to protect the land and the water that millions depend on for life, the Oceti Sakowin (the Dakota, Nakota, and Lakota people) reunited. A nation was reborn with renewed power to protect the environment and support Indigenous grassroots education and organizing. This book assembles the multitude of voices of writers, thinkers, artists, and activists from that movement. Through poetry and prose, essays, photography, interviews, and polemical interventions, the contributors, including leaders of the Standing Rock movement, reflect on Indigenous history and politics and on the movement's significance. Their work challenges our understanding of colonial history not simply as "lessons learned" but as essential guideposts for current and future activism. Contributors: Dave Archambault II, Natalie Avalos, Vanessa Bowen, Alleen Brown, Kevin Bruyneel, Tomoki Mari Birkett, Troy Cochrane, Michelle L. Cook, Deborah Cowen, Andrew Curley, Martin Danyluk, Jaskiran Dhillon, Roxanne Dunbar-Ortiz, Liz Ellis, Nick Estes, Marcella Gilbert, Sandy Grande, Craig Howe, Elise Hunchuck, Michelle Latimer, Layli Long Soldier, David Uahikeaikalei'ohu Maile, Jason Mancini, Sarah Sunshine Manning, Katie Mazer, Teresa Montoya, Chris Newell, The NYC Stands with Standing Rock Collective, Jeffrey Ostler, Will Parrish, Shiri Pasternak, endawnis Spears, Alice Speri, Anne Spice, Kim TallBear, Mark L. Tilsen, Edward Valandra, Joel Waters, Tyler Young.
"Oil," writes Ruth Sheldon Knowles, "is the most hazardous, expensive, heartbreaking gambling game in the world." And, as this book dramatically proves, the men who have been the gamblers of the American oil business have been some of the most colorful and fantastic personalities in our history. "The Greatest Gamblers "is the story of our remarkable oilmen and the vast industry they have created-from its simple beginnings in 1859 at Titusville, Pennsylvania, to the big-business oil operations of today. Here are the wildcatters, the prospectors, the scientists, the hunch players (Mrs. Knowles points out that independent oilmen have discovered more than three-fourths of America's oil fields). Here you will meet "unlucky" Dad Joiner, whose fortunes changed only in his seventies when a worthless ten-acre tract of Texas wasteland proved the key to one of America's two biggest oil fields; and H. 1. Hunt, who parlayed an oil lease he won at a poker game into an oil business that made him one of the richest men in the United States. Harry Sinclair ... Tom Slick ... Mike Benedum ... Everette DeGolyer ... Charles Canfield ... Edward Doheny -- the pages of this book are crowded with the stories of such men, their tough boom towns, their dogged persistence and wild successes, and the brutal competition they faced. But "The Greatest Gambler "is also the story of a prospectors' rush that has become an organized industry. An absorbing portion of the book tells how the industry has found new uses for petroleum and its by products, and how this sometimes involved as much heartbreak as prospecting. There were the ships that exploded when oilmen first tried to market petroleum as marine fuel, the locomotive roundhouse that blew up when they first tried to convert railroads to oil. Mrs. Knowles discusses knowledgeably the present predicament of the petroleum industry and what is necessary to find and develop America's remaining great oil and gas resources. "The Greatest Gamblers "is a lively and authoritative account of what is probably the most fascinating and adventurous business of all.
In August of 1942, Great Britain faced a desperate situation. German bombers hammered the nation's industrial cities and towns daily, and the toll in loss of life and resources rose steadily. Guy H. Woodward and Grace Steele Woodward tell for the first time the story of how the British, with the aid of forty-four oilfield roughnecks from the United States, developed vital shallow pools of oil in Britain's famed Sherwood Forest. THE SECRET OF SHERWOOD FOREST is based on thousands of reports, letters, and documents released to the authors in 1968. Guy H. Woodward was a lawyer, former general counsel for the Mid-Continent Oil and Gas Association in Washington, and former chair of the American Petroleum Institute's production section. Grace Steele Woodward was the author of numberous books, including THE CHEROKEES and POCAHONTAS also published by the University of Oklahoma Press.
In January 1969, the blowout on an offshore oil platform off the coast of Santa Barbara, California, and the resulting oil spill proved to be a transformative event in pollution control and the nascent environmental activism movement. It accelerated the advancement of federal government policies and would change the way the federal government managed environmental pollution. Over the next three years, Congress worked to pass laws such as the National Environmental Policy Act and the Clean Water Act, and revolutionized the way that the United States dealt with environmental pollution. At the same time, scientists developed methods to detect chemical pollution that had been discharged into rivers and streams by industrial facilities. Slick Policy presents an original and in-depth history of the 1969 Santa Barbara spill. Teresa Sabol Spezio provides a background of water pollution control, government oversight of federally-funded projects, and chemical detection methods in place prior to the spill. She then shows how scientists and politicians used public outrage over the spill to implement wide-ranging changes to federal environmental and science policy, and demonstrates the advancements to offshore oil drilling, pollution technology, and water protection law that resulted from these actions.
In the past decade, the need for oil in Asia's new industrial powers, China and India, has grown dramatically. The need for oil in Asia's new industrial powers, China and India, has grown dramatically. The New Kings of Crude takes the reader from the dusty streets of an African capital to Asia's glistening corporate towers to provide a first look at how the world's rising economies established new international oil empires in Sudan, amid one of Africa's longest-running and deadliest civil wars. For over a decade, Sudan fuelled the international rise of Chinese and Indian national oil companies. But the political turmoil surrounding the historic division of Africa's largest country, with the birth of South Sudan, challenged Asia's oil giants to chart a new course. Luke Patey weaves together the stories of hardened oilmen, powerful politicians, rebel fighters, and human rights activists to show how the lure of oil brought China and India into Sudan - only later to ensnare both in the messy politics of a divided country. His book also introduces the reader to the Chinese and Indian oilmen and politicians who were willing to become entangled in an African civil war in the pursuit of the world's most coveted resource. It offers a portrait of the challenges China and India are increasingly facing as emerging powers in the world.
The availability of low-cost energy from fossil fuels - in particular oil - has been the driving force behind postwar global economic growth, such that the petroleum industry has some of the world's largest companies. This book examines the economics of the oil and gas industry, from exploration, development and production, to transportation, refining and marketing. At each stage of the value chain, the key economic costs and considerations are presented in order to provide the reader with a comprehensive understanding of the workings of the industry. The book examines some of the unique economic challenges the industry faces, including negotiating international contracts with host countries (to gain access to hydrocarbons), managing the risks of recovery, implementing cross-border pipelines, dealing with huge variations in the taxation of refined products, and reacting to the effect of price control and subsidization in the OPEC nations which can create massive volatility in pricing. The search for low-carbon fuels, the impact of shale gas, the prospect of finite reserves, and the global political realities of the competing demands of oil-importing and oil-exporting countries are shown to make the sector high risk, but the economic rewards can be huge.
The Organization of the Petroleum Exporting Countries (OPEC) is one of the most recognizable acronyms among international organizations. It is mainly associated with the 'oil shock' of 1973 when prices of petroleum quadrupled and industrialized countries and consumers were forced to face the limits of their development model. This is the first history of OPEC and of its members written by a professional historian. It carries the reader from the formation of the first petrostate in the world, Venezuela in the late 1920s, to the global ascent of petrostates and OPEC during the 1970s, to their crisis in the late-1980s and early- 1990s. Formed in 1960, OPEC was the first international organization of the Global South. It was perceived as acting as the economic 'spearhead' of the Global South and acquired a role that went far beyond the realm of oil politics. Petrostates such as Venezuela, Nigeria, Algeria, Saudi Arabia, Iraq, and Iran were (and continue to be) key regional actors, and their enduring cooperation, defying wide political and cultural differences and even wars, speaks to the centrality of natural resources in the history of the twentieth century, and to the underlying conflict between producers and consumers of these natural resources.
Baku, the capital of Azerbaijan and formerly part of the Russian Empire and the Soviet Union, is a city built on and with oil. In fact, oil and urbanism in Baku have been completely intertwined, economically, politically, and physically in the spaces of the city. Its first oil boom in the late 19th century was driven by the Russian branch of the Nobel family modernising the exploitation of oil fields around Baku, and local oil barons pouring their new wealth into building a cosmopolitan city centre. During the Soviet period, Baku became the site of an urban experiment: the shaping an oil city of socialist man. This project included Neft Dashlari, a city built on trestles in the Caspian Sea, housing thousands of workers, schools, shops, gardens, clinics, cinemas and more. This first off-shore rig in the world became the emblem of Baku's second oil boom. Today, Baku is experiencing its third oil boom. For Baku's city planners and business elites, that future is based on a careful reading of Baku as a project in which urbanism and oil are inextricably linked. This new book investigates how oil stimulated urban development in Baku, and explores in detail the more complex and important question of how the disparate spatial logics, knowledge bases, and practices of oil production and urban production intersected, impacted and transformed one another. Based on a vast research project and drawing on rich and previously unpublished material, Baku - Oil and Urbanism is organised into three broadly conceived historical periods defined by the political, economic, technological conditions in which the interwoven evolution of oil and urban production unfolded. The book also features a new photo essay by celebrated photographer Iwan Baan.
Beneath Venezuelan soil lies an ocean of crude-the world's largest reserves-an oil patch that shaped the nature of the global energy business. Unfortunately, a dysfunctional anti-American, leftist government controls this vast resource and has used its wealth to foster voter support, ultimately wreaking economic havoc. Crude Nation reveals the ways in which this mismanagement has led to Venezuela's economic ruin and turned the country into a cautionary tale for the world. Raul Gallegos, a former Caracas-based oil correspondent, paints a picture both vivid and analytical of the country's economic decline, the government's foolhardy economic policies, and the wrecked lives of Venezuelans. Without transparency, the Venezuelan government uses oil money to subsidize life for its citizens in myriad unsustainable ways, while regulating nearly every aspect of day-to-day existence in Venezuela. This has created a paradox in which citizens can fill up the tanks of their SUVs for less than one American dollar while simultaneously enduring nationwide shortages of staples such as milk, sugar, and toilet paper. Gallegos's insightful analysis shows how mismanagement has ruined Venezuela again and again over the past century and lays out how Venezuelans can begin to fix their country, a nation that can play an important role in the global energy industry.
Seismic data must be interpreted using digital signal processing techniques in order to create accurate representations of petroleum reservoirs and the interior structure of the Earth. This book provides an advanced overview of digital signal processing (DSP) and its applications to exploration seismology using real-world examples. The book begins by introducing seismic theory, describing how to identify seismic events in terms of signals and noise, and how to convert seismic data into the language of DSP. Deterministic DSP is then covered, together with non-conventional sampling techniques. The final part covers statistical seismic signal processing via Wiener optimum filtering, deconvolution, linear-prediction filtering and seismic wavelet processing. With over sixty end-of-chapter exercises, seismic data sets and data processing MATLAB codes included, this is an ideal resource for electrical engineering students unfamiliar with seismic data, and for Earth Scientists and petroleum professionals interested in DSP techniques.
Geosequestration involves the deep geological storage of carbon dioxide from major industrial sources, providing a potential solution for reducing the rate of increase of atmospheric concentrations of carbon dioxide and mitigating climate change. This volume provides an overview of the major geophysical techniques and analysis methods for monitoring the movement and predictability of carbon dioxide plumes underground. Comprising chapters from eminent researchers, the book is illustrated with practical examples and case studies of active projects and government initiatives, and discusses their successes and remaining challenges. A key case study from Norway demonstrates how governments and other stake-holders could estimate storage capacity and design storage projects that meet the requirements of regulatory authorities. Presenting reasons for embracing geosequestration, technical best practice for carbon management, and outlooks for the future, this volume provides a key reference for academic researchers, industry practitioners and graduate students looking to gain insight into subsurface carbon management.
Chapter 1 examines how BLM's actual costs and potential oil and gas well liabilities have changed for fiscal years 2010 through 2017 and the extent to which BLM has implemented its well and bond review policies. Chapter 2 reviews oil and gas lease suspensions on federal lands managed by BLM and examines the extent of and reasons for such suspensions and the approach BLM uses to monitor the status of lease suspensions. Chapter 3 describes the distribution of BLM's oil and gas Inspection and Enforcement program's workload and workforce among agency field offices for the most recent 5 years for fiscal years 2012 through 2016 and examines the extent to which BLM conducted internal control reviews in accordance with its July 2012 oversight policy for fiscal years 2013 through 2018. U.S. oil and natural gas production has increased substantially since 2008. These increases have important policy implications for energy markets, infrastructure, security, and the environment as reported in chapter 4. Chapter 5 discusses the recent oil market trends and geopolitical factors that have contributed to price escalation since the start of 2018. Chapter 6 reviews the federal government's response, restoration, and research efforts after the Exxon Valdez and Deepwater Horizon oil spills. This chapter examines how the trustee councils have used the restoration trust funds and the status of restoration and the interagency committee's coordination of oil spill research efforts.
Exploiting Seismic Waveforms introduces a range of recent developments in seismology including the application of correlation techniques, understanding of multi-scale heterogeneity and the extraction of structure and source information by seismic waveform inversion. It provides a full treatment of correlation methods for seismic noise and event signals, and develops inverse methods for both sources and structure. Higher frequency components of seismograms are frequently neglected, or removed by filtering, but they contain information about seismic structure on scales that cannot be revealed by seismic tomography. Sufficient computational resources are now available for waveform inversion for 3-D structure to be a practical procedure and this book describes suitable algorithms and examples reflecting current best practice. Intended for students and researchers in seismology, this book provides a physical understanding of seismic waveforms and the way that different aspects of the seismic wavefield are revealed by the way that seismic data are handled.
In Chapter One, L. Khotseng and G. Vaivars provide an overview of the recent advances in electrocatalysts for direct methanol fuel cells for both anode and cathode catalysts in order to present direct methanol fuel cells as an alternative power source for portable devices. In Chapter Two, Nobuyoshi Nakagawa, Mohammad Ali Abdelkareem, Takuya Tsujiguchi, and Mohd Shahbudin Masdar propose a fuel supply layer using a porous carbon plate (PCP) for DMFCs allowing for the use of high methanol concentrations. The proposed layer is comprised of a thin PCP layer, as well as a gap layer that has a mechanism to supply the methanol as a vapor. Next, Chapter Three by D.S. Falcao, J. P. Pereira, and A.M.F.R. Pinto review the multiphase flow in fuel cells modelling approaches while also reviewing the flow visualisation techniques for flow analysis in fuel cells. Chapter Four by B.A. Braz, V.B. Oliveira, and A.M.F.R. Pinto closes the book by discussing the key work that has been done to improve the passive DMFC performance and providing a review on the most recent developments in passive DMFCs.
In Energy without Conscience David McDermott Hughes investigates why climate change has yet to be seen as a moral issue. He examines the forces that render the use of fossil fuels ordinary and therefore exempt from ethical evaluation. Hughes centers his analysis on Trinidad and Tobago, which is the world's oldest petro-state, having drilled the first continuously producing oil well in 1866. Marrying historical research with interviews with Trinidadian petroleum scientists, policymakers, technicians, and managers, he draws parallels between Trinidad's eighteenth- and nineteenth-century slave labor energy economy and its contemporary oil industry. Hughes shows how both forms of energy rely upon a complicity that absolves producers and consumers from acknowledging the immoral nature of each. He passionately argues that like slavery, producing oil is a moral choice and that oil is at its most dangerous when it is accepted as an ordinary part of everyday life. Only by rejecting arguments that oil is economically, politically, and technologically necessary, and by acknowledging our complicity in an immoral system, can we stem the damage being done to the planet.
The upstream oil and gas sector in Brazil has suffered several changes since the first edition of Brazilian Upstream Law and Gas. These changes relate, among others, to the introduction of a production sharing regime, local content challenges and new regulations for unconventional operations. This new edition will include fully updated versions of all of the chapters covered in the first edition (including but not limited to the key elements of the Brazilian upstream legal framework, general Brazilian law, the regulatory entities and other players in the upstream sector, the petroleum legal regime, decommissioning challenges and project finance opportunities), but will also cover the regulatory changes for pre-salt and strategic areas, unconventional operations, local content challenges and other relevant topics. The chapters are written by highly respected Brazilian professionals, including experts from Mattos Filho, Pinheiro Neto, Machado Meyer Sendacz e Opice Advogados, Vieira Rezende, Merrill Lynch, Campos Mello Advogados and Ernst & Young (now known as EY). Their insights offer reliable guidance for international investors, as well as the lawyers assisting them, when they are required to consider potential investments in Brazil. Such insights will be particularly useful for those who are not yet familiar with the country's legal system.
This encyclopedia presents important research on Cuba. Some of the topics discussed herein include Cuba's policies and relations with the United States; Cuba broadcasting; human rights; offshore oil development; legislative restrictions limiting the normalization of relations; and the reengagement of detainees formerly held at Guantanamo Bay, Cuba.
Production of oil and natural gas from leased federal lands and waters is a significant source of revenue for the federal government. The Government Accountability Office (GAO) has issued many reports on Interior's management of federal oil and gas resources, including its programs for verifying oil and gas production volumes and ensuring accurate royalty collections. These reports raised questions about whether the government was collecting all the revenue it was due and included 36 recommendations to strengthen royalty collection, among other things. In 2011, GAO added Interior's management of federal oil and gas resources to its list of programs at high risk of fraud, waste, abuse, and mismanagement. This book examines efforts Interior has taken since fiscal year 2009 and the reasonableness and completeness of Interior's royalty data. The book also assesses the extent to which Interior's production verification regulations and policies provide reasonable assurance that oil and gas are accurately measured; the extent to which Interior's offshore and onshore production accountability inspection programs consistently set and meet program goals and address key factors affecting measurement accuracy; and Interior's management of its production verification programs. Finally, it provides a descriptive update on Interior's Minerals Management Service's (MMS) key efforts to improve the accuracy of oil and gas royalty data; the assessment of the completeness and reasonableness of fiscal years 2006 and 2007 oil and gas royalty datathe latest data available; and factors identified by oil and gas companies that affect their ability to accurately report royalties owed to the federal government.
Several fiery rail accidents in 2013-2015 in the U.S. and Canada carrying crude oil produced from the Bakken region of North Dakota have raised questions at many levels on the safety of transporting this, and other types of crude oil, by rail. Sandia National Laboratories was commissioned by the U.S. Department of Energy to investigate the material properties of crude oils, and in particular the so-called "tight oils" like Bakken that comprise the majority of crude oil rail shipments in the U.S. at the current time. The book provides a literature survey of public sources of information on crude oil properties that have some bearing on the likelihood or severity of combustion events that may occur around spills associated with rail transport. The book also contains background information including a review of the notional "tight oil" field operating environment, as well a basic description of crude oils and potential combustion events in rail transport.
Increased oil and gas production presents challenges for transportation infrastructure because some of this increase is in areas with limited transportation linkages. Technology advancements such as horizontal drilling and hydraulic fracturing (pumping water, sand, and chemicals into wells to fracture underground rock formations and allow oil or gas to flow) have allowed companies to extract oil and gas from shale and other tight geological formations. This book examines overall challenges that increased oil and gas production may pose for transportation infrastructure; specific pipeline safety risks and how the U.S. Department of Transportation (DOT) is addressing them; and specific rail safety risks and how DOT is addressing them.
The primacy of crude oil as an energy source has provided a platform for social-economic development in most oil producing and consumer nations. Food, housing, transportation, investment services and inflationary trend is largely dependent on the volatility of crude oil prices. The anticipated shift in crude oil demand premised on the United States shale exploitation and the economic pandemonium generated in the Organization of Petroleum Exporting Countries (OPEC) has re-enacted crude oil pricing as the barometer for global economic trend. Crude oil exploitation, production, transportation and utilisation processes, however adversely impact on marine and coastal habitat. Pollution and infections attributable to toxic substances from crude oil and its derivatives can have long and short term health implications on animals and humans. Crude oil dependence is also contributory to global warming and its complications from climate change. This book examines the environmental and global market impact of crude oil production, analyses attempts to curb inherent challenges through energy efficiency and the development of renewable alternative energy sources.
Congress authorised the Strategic Petroleum Reserve (SPR) in the Energy Policy and Conservation Act (EPCA) of 1975 to help prevent a repetition of the economic disruption caused by the 1973-1974 Arab oil embargo. EPCA specifically authorises the President to draw down the SPR upon a finding that there is a "severe energy supply interruption." This book provides insight on several topics such as authorisation, operation, and drawdown policy of the SPR; the Northeast home heating oil reserve and the national oilheat alliance, petroleum distillate sales provisions, sale implementation plan, and distribution plans. |
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