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Books > Business & Economics > Industry & industrial studies > Energy industries & utilities > Petroleum & oil industries
"Ninety percent of the world's oil reserves are entrusted to state-owned companies. Originally created as political instruments, these so-called national oil companies (NOCs) face new demands amid today's dwindling oil reserves and simmering social pressures. Increasingly, state-owned oil firms-particularly in the Middle East-are having to balance the political demands of their governments with the need to be commercially competitive. In this ground-breaking new volume, Valerie Marcel draws on unprecedented access to the politicians, engineers; and businessmen directing five Middle Eastern state oil companies to shed light on one of the most secretive segments of the international oil industry. The author tells the stories of Saudi Aramco, Kuwait Petroleum Corp., the National Iranian Oil Co., Sonatrach of Algeria, and the Abu Dhabi National Oil Co.-oil titans which together produce one quarter of the world's oil and hold half of the world's known oil and gas reserves. Dr. Marcel explains the complex bond between each state and its oil company, tracing the relationship's evolution from the politically charged days of foreign concessions to today's world of profit-driven decisionmaking. Drawn from over 120 interviews with company executives, middle managers, and oil-ministry officials, the author identifies a number of surprising new trends in these companies' strategy, and she paints a picture of their nascent sense of corporate identity. The book provides rare, up-to-date insight into how state-owned companies are striking a balance between their national mission and their commercial needs. The book also provides an insider's guide to these companies' unique culture. Executives and researchers in the region-both inside and outside the oil industry-will find it a valuable tool for understanding business in the Middle East. "
Public and private institutions in the United States have long been home to a variety of art works, antiquities, and ethnological materials. For years, these collections have been seen as important archives that allow present and future generations to enjoy, appreciate, and value the art of all cultures. In the past decade, however, questions have been raised as to exactly what constitutes legal and ethical ownership of art and other cultural property. Some observers believe that art and ethnological materials should remain in source countries, and have lobbied for an end to art trading. Recent changes to U.S. law may curtail both private and public collecting. Contributors to "Who Owns the Past?" include legal scholars, museum professionals, anthropologists, archaeologists, and collectors. In clear, nontechnical language, they provide a comprehensive overview of the development of cultural property law and practices, as well as recent case law affecting the ability of museums and private collectors to own art from other countries. Topics covered include rights to property, ethical ownership, the public responsibilities of museums, threats to art from war and development, and international cooperation to preserve collections in the developing world. Engaging all perspectives on this debate, "Who Owns the Past?" challenges all who care about the arts to work together toward policies that consider traditional American interests in securing cultural resources, and respect international concerns over loss of heritage.
"Paul Sabin has written a brilliant case study of how legal and
political choices construct 'free markets'. He shows how battles
over property rights, regulation, taxes, and highway and
environmental policy shaped the oil market and with it the future
of California's cities, roads, coastline and public finance.
Clear-headed, meticulous, and filled with the drama of momentous
conflicts between public and private interests, "Crude Politics" is
legal-economic history at its best."--Robert W. Gordon, Chancellor
Kent Professor of Law and Legal History, Yale University
Corporate Social Responsibility Failures in the Oil Industry directly challenges the oil industry's claims of corporate good citizenship, now widely advanced as part of a global public relations initiative. The volume spans the industry's reach, from the troubled waters of the UK offshore Continental Shelf, with its horrendous legacy of the Piper Alpha oil rig disaster, to the inhospitable shores of Newfoundland with its own tragic legacy of lost lives; to the new frontier of oil corporate colonialism in the former Soviet Union and the icy plains of Alaska. The central theme of violations of basic labour rights and of health and environmental protection standards will make uncomfortable reading in the boardroom. It is equally essential reading for those who seek to improve the position of workers and industries within the oil industry's global reach.
On February 22, 1895, a British Naval Force under the command of Admiral Sir Frederick Bedford laid siege to Brass, the chief city of the Ijo people of Nembe in Nigeria's Niger Delta. After severe fighting, the city was razed to the ground. More than 2000 people, mostly women and children perished in that attack - launched at the behest of a British company in the name of Queen Victoria. writer, political activist and leader of the Niger Delta's Movement for the Survival of the Ogoni People. Again, the people of Nembe were locked in a grim life-and-death struggle to safeguard their livelihood from two forces: a series of corrupt and repressive Nigerian governments and another British company, the giant multinational Royal Dutch Shell. the Nigerian military, demonstrating (in contrast to Shell's public profile) how irresponsible practices have degraded agricultural land and left a people destitute. Compelling and angry, it draws attention to a grave injustice. The plunder of the Niger Delta has turned full circle as crude oil has taken the place of palm oil, but the dramatis personae remain the same: a powerful multinational company bent on extracting the last drop of blood from the richly endowed Niger Delta and a courageous people determined to resist.
This volume reports the results of discussions with representatives of refining firms, technologies and services providers, research institutions and other organizations on current and future trends in the US refining industry.
Comparative analyses of social actors and policy outcomes in Bahia and Texas show the similarities and differences in the actors and the policies adopted in each case. As a result of historical and structural developments in Bahia and Texas, Cetrel operates under pollution-control standards and technologies for protecting the environment and workers that are similar to those of the GCA. This convergent trend is characterized as dependent convergence between developing and developed countries. The author makes recommendations for stronger international solidarity among progressive forces in developed and developing countries to promote preventive alternatives to pollution control.
Whatever happened to OPEC? This book unravels the puzzle that has
confounded all the experts: why did countries with such major
divergences in size, population, resources, economic structures,
governmental systems, culture, and ethnicity all follow the same
path to political and economic development, and with such wretched
results? How did OPEC members benefit from their three
trillion-dollar windfall? Where did all that money go? This is the
first book that charts OPEC's rise, decline, and virtual
disappearance as a commercial force in the world until its recent
half-hearted re-emergence in the face of collapsed oil
prices.
Traditional accounts of John D. Rockefeller and the Standard Oil Company, as well as more recent best-selling books on the subject, still accept without question charges of unethical and anti-competitive behaviour by the American oil industry. In this synthesis of cultural, business, gender and intellectual history, Roger and Diana Davids Olien explore how this negative image of the petroleum industry was created -and how this image in turn helped shape policy toward the industry in ways that were sometimes at odds with both the goals or reformers and the public interest. By turning a critical eye on sources that have often been accepted at face value and examining the self-interests of oil industry critics, the authors seek to produce a more balanced, complex picture of the industry. Their case study of the impact of technology offers an example of how business must be understood through its cultural context and offers an approach to understanding problems of regulation and reform.
Growing Up in the Oil Patch chronicles the adventures and achievements of some of the most colourful, ambitious people of their time: statesmen, scoundrels, visionaries and developers. Participants all in the growing oil patch The author presents a highly readable, informative and entertaining account of the early years in the development of Canada's gas and oil industry. Based upon five years of research, interviews, and his fortuitous discovery of a rare, historically important scribbler, John Schmidt traces the paths of two enterprising American-born drillers, "Frosty" Martin and "Tiny" Phillips, whose drive and ingenuity were encouraged by British and Canadian promoters and financiers. Their entrepreneurial spirit took them initially to Leamington, Ontario, and ultimately into the heart of the oil patch in Western Canada.
In a unique journey from the oil fields of the Caspian Sea to the refineries and financial centres of Northern Europe, James Marriott and Mika Minio-Paluello track the concealed routes along which flows the lifeblood of our economy. The stupendous resource of Azerbaijani crude has long inspired dreams of a world remade. From the revolutionary Futurism of the capital city, Baku, in the 1920s to the unblinking Capitalism of modern London, the drive to control the region's oil reserves-and hence people and events-has shattered environments and shaped societies. In The Oil Road, the human scale of village life in the Caucasus Mountains and the plains of Anatolia is suddenly, and sometimes fatally, confronted by the almost ungraspable scale of the oil corporation BP. Pipelines and tanker routes tie the fraying social democracies of Italy, Austria and Germany to the repressive regimes of Azerbaijan, Georgia and Turkey. A web of financial and political institutions in London stitches together the lives of metropolis and village. Building on a decade of study with Platform, Marriott and Minio-Paluello guide us through a previously obscured landscape of energy production and consumption, resistance and profit that has marked Europe for over a century. They blend the empathy of committed travel writing with the precision of investigative journalism in a timely book of compelling urgency. The human race travels the Oil Road, and this book helps us to realize where we are heading and why it is time to change direction.
The oil price collapse of 1985-6 had momentous global consequences: non-fossil energy sources quickly became uncompetitive, the previous talk of an OPEC 'imperium' was turned upside-down, the Soviet Union lost a large portion of its external revenues, and many Third World producers saw their foreign debts peak. Compared to the much-debated 1973 `oil shock', the `countershock' has not received the same degree of attention, even though its legacy has shaped the present-day energy scenario. This volume is the first to put the oil `counter-shock' of the mid-1980s into historical perspective. Featuring some of the most knowledgeable experts in the field, Counter-Shock offers a balanced approach between the global picture and local study cases. In particular, it highlights the crucial interaction between the oil counter-shock and the political `counterrevolution' against state intervention in economic management, put forward by Ronald Reagan and Margaret Thatcher in the same period.
This volume describes how controlled-source electromagnetic (CSEM) methods are used to determine the electrical conductivity and hydrocarbon content of the upper few kilometres of the Earth, on land and at sea. The authors show how the signal-to-noise ratio of the measured data may be maximised via suitable choice of acquisition and processing parameters and selection of subsequent data analysis procedures. Complete impulse responses for every electric and magnetic source and receiver configuration are derived, providing a guide to the expected response for real data. 1-D, 2-D and 3-D modelling and inversion procedures for recovery of Earth conductivity are presented, emphasising the importance of updating model parameters using complementary geophysical data and rock physics relations. Requiring no specialist prior knowledge of electromagnetic theory, and providing a step-by-step guide through the necessary mathematics, this book provides an accessible introduction for advanced students, researchers and industry practitioners in exploration geoscience and petroleum engineering.
Oil exploration requires proper understanding of the geological set-up of any area to make the process economical and effective. This involves geological, geophysical, geochemical surveys including studying the lateral variations in litho-stratigraphic units in the adjoining areas surrounding the bore-hole, done through study of Dipmeter logs. This book 'Dipmeter Surveys in Petroleum Exploration' giving all the required backup of the other allied subjects for easy and meaningful interpretations of the Dipmeter data, so that drilling of dry wells is avoided to maximum possible extent and new discoveries to be made, thereby enhancing the oil resource of a particular geographical location.
An Insightful Guide to Avoiding Offshore Oil- and Gas-Industry Disaster Designing, constructing, operating, and maintaining offshore oil and gas industry equipment and systems can sometimes result in accidents, injuries, and other serious problems. Safety and Reliability in the Oil and Gas Industry: A Practical Approach focuses on oil and gas industry equipment reliability, offers useful and up-to-date information on the subject, and covers in a single volume the most common safety and reliability engineering issues in the oil and gas industry. The book introduces the latest developments in the area, and provides relevant methods and approaches. It also presents important aspects of various case studies on major accidents in the oil and gas industry, and considers human factors that contribute to accidents and fatalities in the area of oil and gas. Additionally, this book describes: Mathematical concepts Oil and gas industry equipment reliability characteristics Accident data and analysis Mathematical models used for performing safety and reliability-related analyses in the industry Safety and Reliability in the Oil and Gas Industry: A Practical Approach covers important aspects of safety in the offshore oil and gas industry. A reference designed with engineering professionals in mind, this book can also be used in oil- and gas-industry-related courses, and serves as a guide for anyone concerned with safety and reliability in the area of oil and gas.
As certain oil and gas provinces near the end of their production lives, companies, governments and other stakeholders are turning their attention to decommissioning. The price of disposing of oil and gas installations is enormous. Yet the costs of getting it wrong can be even greater. Part A of this fully updated second edition looks at decommissioning and the oil and gas life cycle. Part B contains chapters on decommissioning and international law. Part C focuses on decommissioning in the North Sea and contains chapters on government policy, environment law, offshore contracting, health and safety, financial and technical issues, further examined using a case study from a completed North Sea decommissioning project. Part D provides an international comparative analysis, with new chapters on Denmark, Namibia, Netherlands and New Zealand. As well as decommissioning professionals, this title will be of interest to oil and gas executives, lawyers, environmental consultants, tax advisers, accountants, insurers, investment bankers, academics and other professionals connected to the oil and gas industry.
The recent escalation in the violent conflict in the Niger Delta has brought the region to the forefront of international energy and security concerns. This book analyses the causes, dynamics and politics underpinning oil-related violence in the Niger Delta region of Nigeria. It focuses on the drivers of the conflict, as well as the ways the crises spawned by the political economy of oil and contradictions within Nigeria's ethnic politics have contributed to the morphing of initially poorly coordinated, largely non-violent protests into a pan-Delta insurgency. Approaching the issue from a number of perspectives, the book offers the most up-to-date and comprehensive analysis available of the varied dimensions of the conflict. Combining empirically-based and analytic chapters, it attempts to explain the causes of the escalation in violence, the various actors, levels and dynamics involved, and the policy challenges faced with regard to conflict management/resolution and the options for peace. It also examines the role of oil as a commodity of global strategic significance, addressing the relationship between oil, energy security and development in the Niger Delta.
In 1984, the oil, chemical and atomic workers began a 5-year campaign to win back the jobs of its members locked out by the BASF Corp. in Geismar, Louisiana. The multiscale campaign involved coalitions with local environmentalists as well as international solidarity from environmental and religious organizations. The local coalition which helped break the lockout was maintained and expanded in the 1990s. This alliance is one of numerous labor-community coalitions to emerge increasingly over the past 20 years.""Labor-Environmental Coalitions: Lessons from a Louisiana Petrochemical Region"" traces the development of the Louisiana Labor-Neighbor Project from 1985 to the present, within the context of a long history of divisions between labor and community in the U.S. The Project continued after the lockout, thriving during 1990s, expanding from one community to four counties to include 20 local member organizations, and broadening its agenda from the original jobs crisis and pollution problems to address a wide range of worker, environmental health, and economic justice issues."" Labor-Environmental Coalitions"" explores the dynamics of the Louisiana coalition to offer lessons for other coalition efforts. The book seeks to understand coalitions as a necessary strategy to counteract the dominant forces of capitalist development. The author contends that the Labor-Neighbor Project, like labor-community coalitions generally, created a unique blend of politics shaped by the geographic nature industry's politics; by the relative openness of government; and by the class experience of labor and community members.The Louisiana Project demonstrates that for labor-community coalitions to thrive they must broaden their agenda, strengthen their leadership and coalition-building skills, and develop access to multiscale resources. The author argues that for labor-community coalitions to have longer term political impact, they should adopt an explicitly progressive approach by building a broader class and cultural leadership, and by demanding state and corporate accountability on economic, public health, and environmental justice issues.
Vaughn P. Shannon argues that US foreign policy toward the Arab-Israeli conflict has been determined at three levels of analysis: that of systemic strategic context, that of domestic politics, and that of individual decision-makers. In this book he explores the role of each level of influence, as well as the implications for the posture which the US has chosen. Reflecting changing circumstances, the volume examines the Cold War, the Gulf War and the new 'War on Terror' and how they have each placed differing pressures on US policymakers as they strive to maintain the ultimate strategic goal of preserving regional oil from becoming dominated by hostile forces. It is suitable for courses on American foreign policy, world politics and politics of the Middle East.
Oil and gas are key drivers of the world economy and the technical, commercial and legal applications which support their exploitation are becoming increasingly sophisticated. This new third edition of our best-selling title outlines in a single volume the essential principles involved in documenting oil and gas transactions, from the upstream exploration phase to transportation by pipeline and liquefied natural gas to sales and marketing. It is intended as a practical guide for anyone seeking a better understanding of the commercial and legal principles involved. Edited by Renad Younes, Partner at international law firm Ashurst, the fully updated third edition features contributions from leading practitioners including experts at Dentons, King & Spalding and Ashurst. Whether you are a lawyer in private practice or in industry, a commercial negotiator or from a financial institution or energy advisory practice, this title will provide a comprehensive insight into the oil and gas business.
Make-or-break decisions involving millions of dollars are all in a day's work for Christian Gillette, chairman of Everest Capital, New York's most renowned private equity firm. He's taken on the toughest, most powerful, and often most dangerous adversaries and prevailed-all the while honing his skill for being cool under fire, literally. But now Gillette will be put to the ultimate test. He's offered the chance to seal a deal unlike any other, one that goes beyond boardrooms, balance sheets, and even Everest itself-one that will leave its mark on history. Gillette is no stranger to Jesse Wood, the first African American president of the United States, having been Wood's chosen running mate in his historic bid for the White House. Though still slightly upset over being dropped from the ticket at the eleventh hour, Gillette's not about to ignore the chief executive's summons to a top-secret meeting at Camp David. There, Wood drops a bombshell: The president of Cuba is dead. Cuba's communist regime has kept the dictator's demise hush while it races to fill the power vacuum. And the United States is poised to support a cabal of Cuban professionals plotting a coup. The President wants Gillette to meet with the conspirators and size up the chances for a successful capitalist revolution. But by no means can his mission be traced back to the White House. If anything goes wrong, Gillette is on his own. And if certain people have their way, something will go wrong. For the conspiracy to liberate Cuba isn't the only one afoot. Enemies in high places, who will go to any lengths to wreak revenge on Gillette and to unseat President Wood, have set in motion a campaign of deception, sabotage, and murder whose shockwaves will resonate from the streets of Havana to the Oval Office. But for Gillette, who has just named his alluring and ambitious protege, Allison Wallace, as his successor at Everest, the greatest peril may lie much closer to home. The Successor is blue-chip Stephen Frey, marshaling his flawless instincts for edgy, provocative, breathtaking suspense with a master's touch. From the Hardcover edition.
In Offshore Software Development: Making It Work, hands-on managers of Offshore solutions help you answer these questions: -What is Offshore and why is it an IT imperative? -What do you need to do to successfully evaluate an Offshore solution? -How do you avoid common pitfalls? -How do you confront security and geopolitical risk? -How do you handle issues related to displaced workers? The author applies her considerable experience in the analysis of such Offshore issues as the financial growth of the Offshore industry, keys to success in initiating a program, choosing and managing vendors, risk mitigation, and employee impacts. A detailed program checklist outlines the steps for successful Offshore execution, providing real-world exposure and guidance to a movement that has become a fixture in the IT realm. About the Author Tandy Gold is a 20-year veteran of the technology industry who is focused on entrepreneurial consulting and innovation. As part of her responsibilities in implementing the first Offshore initiative for a large financial institution, she created a monthly Offshore interest group. Comprised of Offshore program managers from Fortune 100 firms, together they represent more than 40 years of experience in Offshore.
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