Local Content Policies in the Oil and Gas Sector

Local Content Policies in the Oil and Gas Sector

Author: Silvana Tordo

Publisher: World Bank Publications

Published: 2013-07-22

Total Pages: 197

ISBN-13: 0821399349

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A number of countries have recently discovered and are developing oil and gas reserves. Policy makers in such countries are anxious to obtain the greatest benefits for their economies from the extraction of these exhaustible resources by designing appropriate policies to achieve desired goals. One important theme of such policies is the so-called local content created by the sector—the extent to which the output of the extractive industry sector generates further benefits to the economy beyond the direct contribution of its value-added, through its links to other sectors. While local content policies have the potential to stimulate broad-based economic development, their application in petroleum-rich countries has achieved mixed results. This paper describes the policies and practices meant to foster the development of economic linkages from the petroleum sector, as adopted by a number of petroleum-producing countries both in and outside the Organisation for Economic Co-operation and Development. Examples of policy objectives, implementation tools, and reporting metrics are provided to derive lessons of wider applicability. The paper presents various conclusions for policy makers about the design of local content policies.


Oil and Governance

Oil and Governance

Author: David G. Victor

Publisher: Cambridge University Press

Published: 2011-12-08

Total Pages: 1035

ISBN-13: 1139502883

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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. This book explains the variation in performance and strategy for NOCs and provides fresh insights into the future of the oil industry.


The Extraction State

The Extraction State

Author: Charles Blanchard

Publisher: University of Pittsburgh Press

Published: 2021-01-12

Total Pages: 369

ISBN-13: 0822987775

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The history of the United States of America is also the history of the energy sector. Natural gas provides the fuel that allows us to heat our homes in winter and cool them in summer with the touch of a button or turn of a dial—when the industry runs smoothly. From the oil crisis of the 1970s to the fall of Enron and the California electricity crisis at the turn of the century to contemporary issues of hydraulic fracking, poorly conceived government policies have sometimes left us shivering, stranded, or with significantly lighter wallets. In this expansive narrative, Charles Blanchard traces the rise of natural gas and the regulatory missteps that nearly ruined the market. Beginning in the 1880s, The Extraction State explains how the New Deal regulatory compact came together in the 1920s, even before the Great Depression, and how it fell apart in the 1970s. From there, the book dissects the policies that affect us today, and explores where we might be headed in the near future.


Risk Management in the Oil and Gas Industry

Risk Management in the Oil and Gas Industry

Author: Gerardo Portela Da Ponte Jr

Publisher: Gulf Professional Publishing

Published: 2021-06-09

Total Pages: 530

ISBN-13: 0128236272

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Risk Management in the Oil and Gas Industry: Offshore and Onshore Concepts and Case Studies delivers the concepts, strategies and good practices of offshore and onshore safety engineering that are applicable to petroleum engineering and immediately surrounding industries. Guided by the strategic risk management line, this reference organizes steps in order of importance and priority that should be given to the themes in the practical exercise of risk management activities, from the conceptual and design phase to operational and crisis management situations. Each chapter is packed with practical case studies, lessons learned, exercises, and review questions. The reference also touches on the newest techniques, including liquefied natural gas (cryogenics) operations and computer simulations that contemplate the influence of human behavior. Critical for both the new and experienced engineer, this book gives the best didactic tool to perform operations safely and effectively. - Helps readers by presenting practical case studies and exercises that are included in every chapter - Presents an understanding on how to approach and apply best practices specific to the oil and gas industry, both offshore and onshore - Provides the knowledge needed to gain new techniques in computer simulation and human factors to apply to various sectors of the industry, including subsea and refineries


Historical Dictionary of the Petroleum Industry

Historical Dictionary of the Petroleum Industry

Author: Marius S. Vassiliou

Publisher: Rowman & Littlefield

Published: 2018-06-20

Total Pages: 671

ISBN-13: 1538111608

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The petroleum industry is unique: it is an industry without which modern civilization would collapse. Despite the advances in alternative energy, petroleum’s role is still central. Petroleum still drives economics, geopolitics, and sometimes war. The history of petroleum is, to some measure, the history of the modern world. This book represents a concise but complete one-volume reference on the history of the petroleum industry from pre-modern times to the present day, covering all aspects of business, technology, and geopolitics. The book also presents an analysis of the future of petroleum, and a highly useful set of statistical graphs. Anyone interested in the history, status, and outlook for petroleum will find this book a uniquely valuable first place to look. This new second edition incorporates all the revolutionary changes in the petroleum landscape since the first edition was published, including the boom in extraction of oil and gas from shale formations using techniques such as fracking and horizontal drilling. This second edition of Historical Dictionary of the Petroleum Industry contains a chronology, an introduction, appendixes, and an extensive bibliography. The dictionary section has over 500 cross-referenced entries on companies, people, events, technologies, countries, provinces, cities, and regions related to the history of the world’s petroleum industry. This book is an excellent resource for students, researchers, and anyone wanting to know more about the petroleum industry.


Oil 101

Oil 101

Author: Morgan Downey

Publisher: WOODEN TABLE PressLLC

Published: 2009

Total Pages: 0

ISBN-13: 9780982039205

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"Since 1859, oil has enabled and defined our economic, social and political landscape. Throughout this time, abundant supply ensured low, stable prices and the inner workings of the oil industry remained relatively obscure. Following a century and a half of relative calm, oil prices have become much more volatile as the sustainability and growth of reliable supply sources have been brought into question. This book provides a guide to oil; from its history, to sources of supply and drivers of demand; from how prices are determined daily in global wholesale oil markets, to how those markets are connected to prices at the pump." -- Book jacket.