Petroleum, oil and gas industries Books

Book SynopsisThe Global Oil & Gas Industry: Stories from the Field relates specific examples of challenges in decision making, changing business practices, and the difficulties in executing complex projects across the global industry. From contentious border disputes over mineral rights to the emergence of industry disrupters shaking the status quo, each story presents contemporary issues to distill lessons that are transferrable to management challenges both inside and outside of the global oil and gas industry.Bestselling PennWell authors Andrew Inkpen and Michael Moffett join with industry expert Kannan Ramaswamy to provide a narrative of 18 stories, each highlighting a different aspect of the industry. This collection provides an enriching, thought-provoking look into a business that many believe to be globally mature, but as these stories intimate, are increasingly local, emerging, and evolving with the global economy.Features and Benefits: Examples of the complex business situations in oil and gas and how excellent (and sometimes less-than-excellent) leaders navigate these difficult circumstances. Insights into the decision making of oil and gas companies from around the world Different themes that span the entire industry value chain: upstream, midstream, and downstream Timeless truths for the hydrocarbon sector and for many other businesses

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Book SynopsisMany on-site power plants either fail outright or perform far below expectations— all because of poor planning and evaluation of the power plants from the beginning.This book is intended to help those interested in cogeneration power plants by laying out a thorough and proven planning methodology for new facilities, as well as an evaluation methodology for existing facilities.There are many good reasons to want your own power plant including: improved power quality, increased reliability, and savings on energy expenses— buying power wholesale, rather than at retail prices. Although the economics are certainly important, there are a wide range of other advantages to consider, the relative value of which will vary depending on your unique circumstances.

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Book SynopsisSaudi Arabia, a monarchy ruled by the Saud dynasty, enjoys special importance in much of the international community because of its unique association with the Islamic religion and its oil wealth. Since the establishment of the modern Saudi kingdom in 1932, it has benefited from a stable political system based on a smooth process of succession to the throne and a prosperous economy dominated by the oil sector. With one-fourth of the world''s proven oil reserves and some of the lowest production costs, Saudi Arabia is likely to remain the world''s largest net oil exporter for the foreseeable future. During January-October 2004, Saudi Arabia supplied the United States with 1.5 million barrels per day of crude oil, or 15%, of US crude oil imports during that period. The September 11, 2001 attacks fuelled criticisms within the United States of alleged Saudi involvement in terrorism or of Saudi laxity in acting against terrorist groups. Of particular concern have been reports that funds may be flowing from Saudi Arabia and other Middle East countries to terrorist groups, largely under the guise of charitable contributions. Critics of Saudi policies have cited a number of reports that the Saudi government has permitted or encouraged fund raising in Saudi Arabia by charitable Islamic groups and foundations linked to Osama bin Laden''s Al Qaeda organisation or like-minded entities.

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Book SynopsisTo help prevent a repetition of the economic dislocation caused by the 1973-74 Arab oil embargo, Congress authorised the Strategic Petroleum Reserve (SPR) in the Energy Policy and Conservation Act (EPCA, P.L. 94-163). Physically, the SPR comprises five underground storage facilities, hollowed out from naturally occurring salt domes, located in Texas and Louisiana. Oil stored at one of the sites, Weeks Island, was transferred after problems with the structural integrity of the cavern were discovered in the mid-1990s. Hurricane Katrina made landfall early in the morning of August 29, 2005 inflicting severe damage and shutting down oil and gas production and refining activities in the Gulf of Mexico. Damage assessments continue. By September 2, three requests for loans totalling 8.5 million barrels had been approved; a few others are pending. The Administration also announced it was making 30 million barrels available. However, as a policy tool to respond to the crisis, the SPR has limitations because a barrel of crude contributes to product supply only if there is refining capacity to turn the crude into gasoline or diesel fuel. Consequently, recovery from the hurricane''s effects will depend upon resumption of production and refining operations in the Gulf, and the ability to transport petroleum products. On August 8, 2005, the President signed the Energy Policy Act of 2005 (H.R. 6). The bill as enacted permanently authorises the SPR and requires, "as expeditiously as practicable," expansion of the SPR to its authorised maximum of 1 billion barrels. The Secretary is required to develop procedures for achieving the fill objective without "incurring excessive cost," or placing upward pressure on prices. Any fill policy is also to take into consideration minimising income foregone to the Treasury by filling the SPR with additional royalty-in-kind (RIK) oil.

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Book SynopsisThe peaking of world oil production presents the U.S. and the world with an unprecedented risk management problem. As peaking is approached, liquid fuel prices and price volatility will increase dramatically, and without timely mitigation, the economic, social, and political costs will be unprecedented. Viable mitigation options exist on both the supply and demand sides, but to have substantial impact, they must be initiated more than a decade in advance of peaking. Dealing with world oil production peaking will be extremely complex, involve literally trillions of dollars and require many years of intense effort. To explore these complexities, three alternative mitigation scenarios are analysed: scenario I assumes that action is not initiated until peaking occurs; scenario II assumes that action is initiated 10 years before peaking; scenario III assumes action is initiated 20 years before peaking. For this analysis estimates of the possible contributions of each mitigation option were developed, based on an assumed crash program rate of implementation.

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Book SynopsisThe price and availability of oil and natural gas affects every American. That''s why it is important that the Energy Committee''s first hearing of the 110th Congress focused on the global oil situation and its implications for U.S. economic and national security interests. As a nation, we now depend on oil imports to meet sixty percent of our oil needs. Even modest disruptions in the world supply can result in price spikes at the pump, as we have seen in recent years. First, there is little surplus production capacity relative to global demand. Much of the current production is controlled by national oil companies that are often making political rather than economic decisions, and are not making the investments needed to maintain and expand production capacity. This book examines the geopolitical factors surrounding the acquisition of oil supplies.

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Book SynopsisOver the past 10 years, surging crude oil and petroleum product prices have increased oil and gas industry revenues and generated record profits, particularly for the top five major integrated companies (also known as the "super-majors"): Exxon-Mobil, Royal Dutch Shell, BP, Chevron, and Conoco/Phillips. These companies, which reported a predominant share of those profits, generated more than $100 billion in profits on nearly $1.5 trillion of revenues in 2007. From 2003 to 2007, revenues increased by 51%; net income (profits) increased by 85%. Being largely price-driven, with no increase in output, and with little new production resulting from increased oil industry investment, many believe that a portion of the increased oil industry income over this period represents a windfall and unearned gain, i.e., income not earned by any additional effort on the part of the firms, but due primarily to record crude oil prices, which are set in the world oil marketplace. Numerous bills have been introduced in the Congress over this period to impose a windfall profits tax (WPT) on oil. This book discusses these options.

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Book SynopsisOver the past several years, gasoline prices have risen well above their historic average. In many parts of the United States, gasoline prices were above $3 per gallon for much of 2007. Although consumers in the past did not respond very much to small fluctuations in the price of gasoline, the recent large increases have led many people to make adjustments, for example, in the way they drive and in the kinds of vehicles they buy. This Congressional Budget Office (CBO) study, prepared at the request of the Ranking Member of the Senate Budget Committee, relates rising gasoline prices to changes in how fast people drive, the volume of highway traffic, and rail transit ridership. It also examines the effects on market shares, fuel economy, and pricing of cars and light trucks purchased over the past several years. With the world-wide price of oil continuing to rise, this book provides an indication of the kinds of adjustments consumers would make if gasoline prices continue to rise, and of the implications of rising gasoline prices for policies that would discourage gasoline consumption and thus limit the growth in carbon dioxide emissions. This book consists of public documents which have been located, gathered, combined, reformatted, and enhanced with a subject index, selectively edited and bound to provide easy access.

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Book SynopsisIn 1933 American oilmen representing what later became the Arabian American Oil Company (Aramco) signed a concession agreement with the Saudi Arabian king granting the company sole proprietorship over the oil reserves in the country's largest province. As drilling commenced and wells proliferated, Aramco soon became a major presence in the region. In this book Chad H. Parker tells Aramco's story, showing how an American company seeking resources and profits not only contributed to Saudi “nation building” but helped define U.S. foreign policy during the early Cold War.In the years following World War II, as Aramco expanded its role in Saudi Arabia, the idea of “modernization” emerged as a central component of American foreign policy toward newly independent states. Although the company engaged in practices supportive of U.S. goals, its own modernizing efforts tended to be pragmatic rather than policy-driven, more consistent with furthering its business interests than with validating abstract theories. Aramco built the infrastructure necessary to extract oil and also carved At the same time, executives cultivated powerful relationships with Saudi government officials and, to the annoyance of U.S. officials, even served the monarchy in diplomatic disputes. Before long the company became the principal American diplomatic, political, and cultural agent in the country, a role it would continue to play until 1973, when the Saudi government took over its operation.

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Book SynopsisThousands of oil and chemical spills of varying size occur in the United States each year. State and local officials located in proximity to these incidents generally are the first responders and may elevate an incident for federal attention if greater resources are desired. The National Oil and Hazardous Substances Pollution Contingency Plan, often referred to as the National Contingency Plan (NCP), establishes the procedures for the federal response to oil and chemical spills. This book focuses on the federal emergency response framework of oil and chemical spills; provides a summary of the laws in the Clean Water Act; gives a summary of superfund cleanup authorities and related provisions act; discusses the background and governance of oil spills in United States coastal waters; and finally, provides incite on the liability of responsible parties in the Oil Pollution Act of 1990.

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Book SynopsisNorth America is experiencing a boom in crude oil supply, primarily due to growing production in the Canadian oil sands and the recent expansion of shale oil production from the Bakken fields in North Dakota and Montana as well as the Eagle Ford and Permian Basins in Texas. Taken together, these new supplies are fundamentally changing the U.S. oil supply-demand balance. The United States now meets 66% of its crude oil demand from production in North America, displacing imports from overseas and positioning the United States to have excess oil and refined products supplies in some regions. This book provides a background of the United States rail transportation of crude oil, as well as discusses the issues it leaves for Congress.

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Book SynopsisThe 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.

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Book SynopsisThe U.S. petroleum refining industry -- the largest refining industry in the world -- experienced a period of high product prices and industry profits from the early 2000s through about 2007. Since the recession of 2007 to 2009, the industry has been in transition. Federal and state agencies regulate petroleum refining and the use of petroleum products to protect human health and the environment, as well as for other purposes. EPA, DOT, and California strengthened five key regulations, including EPA and DOT''s coordinated fuel economy and GHG vehicle emission standards, and EPA''s RFS, which has required that refiners and others ensure transportation fuels include increasing amounts of renewable fuels such as ethanol produced from corn. This book examines major changes that have recently affected the industry and the future of the industry.

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Book SynopsisIncreased 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.

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Book SynopsisAlmost four decades ago, in response to the Arab oil embargo and recession it triggered, Congress passed legislation restricting crude oil exports and establishing the SPR to release oil to the market during supply disruptions and protect the U.S. economy from damage. After decades of generally falling U.S. crude oil production, technological advances have contributed to increasing U.S. production. This book examines what is known about price implications of removing crude oil export restrictions; other key potential implications; and implications of recent changes in market conditions on the SPR. This book also discusses and describes the status of applications to export liquefied natural gas-natural gas cooled to a liquid state for transport- and the Department of Energy''s process to review them; and the status of applications to build LNG export facilities and FERC''s process to review them.

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Book SynopsisThe future of oil and natural gas production in Mexico is of importance for both Mexico''s economic growth, as well as for U.S. energy security, a key congressional interest. Mexico is a top trade partner and the 3rd largest crude oil supplier to the United States. Mexico''s state oil company, Petroleos Mexicanos (Pemex) remains an important source of government revenue even as it is struggling to counter declining oil production and reserves. Due to an inability to meet rising demand, Mexico has also significantly increased natural gas imports from the United States. Still, gas shortages have hindered the country''s economic performance. This book provides an overview of Pemex and the content and prospects for Mexico''s energy reforms, before discussing specific issues facing Mexico''s oil and gas industry. It then examines the U.S.-Mexico energy relationship through the lenses of trade and energy cooperation. It concludes by suggesting several oversight issues for Congress related to what the enactment of energy reform might portend for Mexico''s economic development, the U.S. energy matrix, and bilateral or North American energy cooperation.

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Book SynopsisFormally, Plunkett's Energy Industry Almanac, this in-depth reference tool to the energy industry covers everything from major oil companies to independents, utilities, pipelines, coal, LNG, oil field services, refiners and more. It features our famous trends and technologies analysis, and includes statistical tables, a glossary and our unique profiles of The Energy 500 Firms. The energy industry is boiling over with changes. Deregulation, new opportunities in foreign fields and markets, as well as environmental challenges are rushing together head-on to shape the energy and utilities business of the future. Meanwhile China has become a major energy importer and Russia has become a major exporter. Renewable and alternative energy sources are developing quickly, including big investments in wind power and solar power. This exciting new reference book covers everything from major oil companies to electric and gas utilities, plus pipelines, regulatory issues, investments, finance, research and development, refiners, retailers, oil field services and engineering. Petroleum topics include upstream and downstream. Additional topics include coal, natural gas and LNG. Statistical tables cover everything from energy consumption, production and reserves to imports, exports and prices. Next, our unique profiles of the Energy 500 Firms are also included, with such vital details as executive contacts by title, revenues, profits, types of business, Internet addresses, growth plans and more. You'll find a complete overview, industry analysis and market research report in one superb, value-priced package.Table of Contents Introduction 1 How to Use This Book 3 Chapter 1: Major Trends Affecting the Energy & Utilities Industry 7 1) Energy & Utilities Industry Introduction 7 2) A Brief History of Oil, Natural Gas and Electricity Production 10 3) Smart Electric Grid Technologies Are Adopted/Massive Utilities Investment Needed 11 4) Storage Battery Technologies and Installations Boom Worldwide 12 5) Superconductivity Provides Advanced Electricity Distribution Technology 14 6) Global Shale Oil and Gas Resources Revolutionize the Energy Industry 15 7) Oil from Shale Makes America Rank with Top Oil Producers/E&P Companies Reduce Drilling and Seek Lower Costs 18 8) LNG Projects Boom, Including Floating Plants (FLNG)/European Demand for LNG Soars 18 9) Seismic Mapping Gains from Advanced Technologies 20 10) Offshore Wells Around the World Become More Efficient/Production Increases Significantly 20 11) Energy Demand Climbs in India and China/Nuclear, Hydro and Gas Projects Grow, but Coal Remains Dominant 22 12) Canada's Oil Sands Production Reaches 3.7 Million Barrels per Day, but Operating Costs Are High 23 13) Russia Is a Top Oil and Gas Producer/Sanctions and Global Tensions Alter the Export Market for Russia 24 14) Oil and Gas Producers in the Middle East/OPEC's Massive Share of Global Production Includes Certain Nations in Africa and South America 25 15) Utilities Invest in Gas-Fired Plants 26 16) Electric Utilities Adopt Coal Emissions Scrubbers While the Industry Tests Carbon Capture and Clean Coal Technologies 26 17) U.S. Coal Industry Faces Challenges, while Coal Use Grows Dramatically in India and China 28 18) Nuclear Energy Moves Ahead in India, China and the Middle East 28 19) Ethanol Production Soared, but U.S. Federal Subsidy Expired 32 20) Refineries Along with Chemicals and Plastics Plants Expand in the U.S. 33 21) Petrochemicals Plants in the Middle East Expand but Face Challenges 34 22) Lower Energy Intensity Is a Prime Focus in China/U.S. Achieves Dramatic Energy Intensity Reductions 34 23) U.S. Exports Crude Oil to Global Markets in High Volume 35 24) The War in Ukraine Boosts LNG Demand/Alters Energy Landscape 35 Chapter 2: Energy & Utilities Industry Statistics 37 I. Overview of the Energy & Utilities Industry 38 Global Energy & Utilities Industry Statistics and Market Size Overview: 2021-2022 39 U.S. Energy & Utilities Industry Statistics and Market Size Overview 40 U.S. Energy & Utilities Statistics: Selected Years, 1990-2022 41 Primary Energy Flow by Source & Sector, U.S.: 2022 42 Energy Consumption by Source & Sector, U.S.: 2022 43 Energy Consumption & Expenditures Indicators, U.S.: Selected Years, 1975-2022 44 Energy Imports, U.S.: Selected Years, 1970-2022 45 Energy Exports, U.S.: Selected Years, 1970-2022 46 U.S. Department of Energy Funding for Science & Energy Programs: 2022-2024 47 Approximate Energy Unit Conversion Factors 48 II. Electricity 49 Net Electrical Power Generation by Fuel Type, U.S.: 1990-October 2023 50 Net Electrical Power Generation by Fuel Type, U.S.: 2022 51 Estimated Levelized Cost of Electricity (LCOE) for New Electricity Generation by Energy Source 52 III. Fossil Fuels and Nuclear Energy 53 Energy Production by Fossil Fuels & Nuclear Power, U.S.: Selected Years, 1970-2022 54 Petroleum Overview, U.S.: Selected Years, 1970-2022 55 Crude Oil Domestic First Purchase Prices, U.S.: Selected Years, 1970-2022 56 Petroleum Imports by Country of Origin, U.S.: Selected Years, 1980-2022 57 Refinery Capacity & Utilization in the U.S.: Selected Years, 2000-2022 58 Top World Oil Producers: 2022 59 Coal Overview, U.S.: Selected Years, 1970-2022 60 Natural Gas Overview, U.S.: Selected Years, 1975-2022 61 Chapter 3: Important Energy & Utilities Industry Contacts 63 (Addresses, Telephone Numbers and Internet Sites) Chapter 4: THE ENERGY & UTILITIES 500: Who They Are and How They Were Chosen 95 Index of Companies Within Industry Groups 96 Alphabetical Index 108 Index of U.S. Headquarters Location by State 111 Index of Non-U.S. Headquarters Location by Country 113 Individual Data Profiles on Each of THE ENERGY & UTILITIES 500 117 Additional Indexes Index of Hot Spots for Advancement for Women/Minorities 614 Index by Subsidiaries, Brand Names and Selected Affiliations 616 A Short Energy & Utilities Industry Glossary 631

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Book SynopsisThe oil and gas industry’s wide international exposure and constantly changing landscape leave it particularly vulnerable to disputes. As this practical book demonstrates, the risks associated with disputes can be mitigated by parties utilising governing law and dispute resolution clauses in contractual agreements within the sector. Examining a global range of jurisdictions, the book offers clear guidance on the most appropriate choice of law and choice of dispute resolution forum for oil and gas contracts, analysing the key issues and defining the legal contours involved.Key Features: Insightful contributions from over 40 leading practitioners and expert legal scholars Examination of domestic and international case law, with analysis of the local laws of 24 jurisdictions globally Consideration of the future of disputes in the oil and gas industry by tracking the evolution and latest trends of the global energy market Examination of the dispute resolution mechanisms used to mitigate disputes, with a focus on international arbitration as a forum for dispute resolution Discussions of a range of operations in the oil and gas industry, including upstream, midstream and downstream projects, and the various contracts that exist within these Featuring a comparative and practice-oriented perspective, this highly informative book will prove an essential resource for practitioners advising parties concerning contractual agreements in the oil and gas sector, as well as a valuable reference point for scholars of energy law and arbitration.Table of ContentsContents: Preface xxvii PART I KEY PRINCIPLES AND ISSUES RELATED TO GOVERNING LAW AND DISPUTE RESOLUTION IN THE OIL AND GAS INDUSTRY 1 The oil and gas industry is prone to disputes 2 Elina Aleynikova, Tuuli Timonen and Eduardo G Pereira 2 Governing law of oil and gas agreements and of disputes arising in the oil and gas industry 22 Elina Aleynikova, Tuuli Timonen and Eduardo G Pereira 3 Dispute resolution planning in oil and gas projects 59 Elina Aleynikova, Tuuli Timonen and Eduardo G Pereira 4 Future of oil and gas disputes 86 Elina Aleynikova, Tuuli Timonen and Eduardo G. Pereira PART II KEY JURISDICTIONS’ APPROACH TOWARDS GOVERNING LAW AND DISPUTE RESOLUTION IN THE OIL AND GAS INDUSTRY A. Americas 5 Argentina 102 Pablo Rueda and Marcos Blanco 6 Bolivia 117 Ramiro Moreno Baldivieso 7 Brazil 126 Flávio Spaccaquerche Barbosa and Vanessa Winkler 8 Canada 139 Philip Abraham, Rachel A. Howie, Kim Martyn and Adrienne O’Reilly 9 Mexico 157 Juan Carlos Serra Campillo and Jorge Eduardo Escobedo Montaño 10 United States of America 168 Lisa M. Bohmer B. Africa 11 Algeria 187 Waniss Almashri Otman 12 Angola 210 José-Miguel Júdice, Ana Oliveira Rocha and Ana Coimbra Trigo 13 Ghana 220 Thomas Kojo Stephens and Seyram Dzikunu 14 Libya 233 Waniss Almashri Otman 15 Mozambique 253 José-Miguel Júdice, Ana Oliveira Rocha and Ana Coimbra Trigo 16 Nigeria 261 Olayemi Anyanechi C. Asia 17 Azerbaijan 280 Anna Dreyzina 18 China 294 Michael Polkinghorne and Anna Chuwen Dai 19 Indonesia 315 Debby Sulaiman and Ali Nasir 20 Iran 329 Seyed Nasrollah Ebrahimi 21 Kazakhstan 348 Yerbolat Yerkebulanov and Bakhyt Tukulov 22 Qatar 360 Francis Nii Botchway and Abdullah Dohan Al-Shammari 23 England and Wales 372 Mark Clarke and James Hart 24 France 389 Kirsten Odynski, Philippe Boisvert, Menalco J. Solis, and Agathe Mercier 25 Georgia 404 Ketevan Betaneli 26 The Netherlands 422 Kasper Krzeminski and Lisa Schoenmakers 27 Russia 435 Noah Rubins QC, Alexey Yadykin and Dmitry Kazhaev Index

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Book Synopsis***BUSINESS BOOK AWARDS 2022 SHORTLISTED TITLE***An insider’s view of the challenges that big businesses face in the developing world: the opportunities, pitfalls, political and personal challenges involved.Babs Omotowa has spent his life rejecting the status quo. His own career disproves the unthinking perception that Africans underperform in global businesses, and his insistence that issues such as community development, corruption, transparency and pollution belong on the corporate agenda alongside financial targets has helped big businesses to revolutionize their approach in the developing world.The remarkable story of ‘Hurricane Babs’ – from storeroom keeper to global VP – showcases the issues that big businesses face in developing countries and reveals how multinational companies and leaders can best navigate these challenges: with integrity and courage.Trade ReviewBabs Omotowa’s autobiography ‘From Storeroom to Boardroom’ is an inspirational read. Both very personal yet also dealing with issues of international significance such as ethical dilemmas in leadership, corruption in governance and addressing issues of climate change in the energy industry.A positive and uplifting read. * Amazon *STOREROOM TO BOARD ROOM BY BABS OMOTOWA - A MUST READ.The book is exciting, powerful, and inspirational... * Amazon *Table of ContentsAcknowledgementAbout the AuthorForewordIntroductionChapter 1 BeginningsChapter 2 DeterminationChapter 3 AmbitionChapter 4 Making ImpactChapter 5 VisionChapter 6 IntegrityChapter 7 CourageChapter 8 RelationshipsChapter 9 ReflectionsReferences

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Book SynopsisThis innovative book explores the legal character of petroleum licences, a key vehicle governing the relationship between oil companies and their host states. Examining the issue through the lens of legal culture, it illustrates why some jurisdictions exert strong state control and others only minimal.Critically investigating the nature of a petroleum licence, the book analyses whether it is a mere administrative right, a contract or something more akin to property rights. Chapters examine recent developments, such as the UK's strategy of maximizing economic recovery and the opposition to drilling for oil in Norway and Australia. Outside of Western petroleum jurisdictions, the book also explores several long-established jurisdictions including Russia and Mexico, as well as emerging jurisdictions, such as China and Uganda. Taking a contextual and system-oriented approach, it reveals the preconditions of the petroleum licence regime and offers a critical insight into the reasons behind alterations to the terms of the licences.Encompassing a wide variety of legal cultures and experiences, this thought-provoking book will prove to be a valuable resource for academics and students of energy law, particularly those with an interest in state regulation. It will also provide useful insights for industry-based practitioners.Table of ContentsContents: Acknowledgements viii 1 Introduction 1 Jørn Øyrehagen Sunde and Tina Soliman Hunter 2 Characterisation of Australia’s petroleum licences: property capable of acquisition on ‘just terms’? 16 Tina Soliman Hunter 3 The legal character of petroleum licences in the United States of America 51 John Lowe 4 The legal character of petroleum licences in Canada 72 Nigel Bankes 5 The legal character of petroleum licences in Uganda 95 Emmanuel Kasimbazi 6 Petroleum licences – a legal culture perspective: the United Kingdom 119 Greg Gordon and John Paterson 7 Oil and gas licences – a legal nature perspective: the Netherlands 139 Martha Roggenkamp 8 Legal character of petroleum licences under Norwegian law 159 Ernst Nordtveit 9 Russia: legal culture and character of Russian petroleum licences 186 Irina Fodchenko 10 The Mexican petroleum licence of 2013 207 Guillermo J. Garcia Sanchez 11 The legal character of petroleum licences in the People’s Republic of China 234 Yong Li 12 Afterword: Licence rights – what’s left? 253 Terence Daintith Index

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Book SynopsisThis book examines Russia's capacity to respond to a changing world through the lens of the country's oil industry. Against a backdrop of social, political and climatic change, Indra Overland and Nina Poussenkova present a systematic analysis of how modern energy developments in the form of shale oil, offshore oil and the global energy transition are handled. The book profiles Russia's five largest oil companies - Rosneft, LUKOIL, Gazprom Neft, Surgutneftegas and Tatneft - which are vital channels for much of Russia's income and constitute the backbone of the Russian economy. It explores the importance of the petroleum sector to Russian society, the place of Russian oil and gas in the world's energy supply and the rapid pace of change in the global energy industry. In doing so, it offers insights into internationalization, oil price fluctuations, corporate social responsibility and the impact of Western sanctions against Russia. This is an important read for scholars working on the Russian economy and energy business, particularly corporate social responsibility, organisational change and politics. It will also be a helpful reference tool for anyone working on the global petroleum sector who needs an update on the world's largest energy exporter. Trade Review‘The book scrutinizes the history of the oil business in post-Soviet Russia in a very thorough way; it encapsulates a breathtaking amount of details on production volumes and ownership changes, as well as networks of power in today's Russia.’ -- Veli-Pekka Tynkkynen, The Russian Review‘The authors have excelled in explaining, illustrating, and analyzing the evolution and operation of Russian oil companies in the changing and evolving markets in the post-Soviet era. Through clarity, insight, and comprehensive research, the authors have bought together diverse sources to deliver a book that is simple to read, far-reaching in its consideration, and brilliant in its delivery. This is a book for a diverse range of readers, from oil and gas executives, scholars of Russia and its economy, capitalists and socialists, Russophiles, to those interested in change and responses to such changes.’ -- Tina Soliman-Hunter, Eurasian Geography and Economics'The two authors, who are both experts in this field, have provided a comprehensive analysis of the key players in the Russian oil industry which should be of interest to anyone with an interest in the political economy of this fascinating sector. The book contains an intriguing assessment of each company as well as a useful history of their development, and offers a unique guide to the corporate landscape of the Russian oil sector.' --James Henderson, Director, Natural Gas Programme, Oxford Institute for Energy Studies, UKTable of ContentsContents: 1.Introduction: Can Russia and its oil companies handle change? 2. Rosneft: Lord of the rigs 3. LUKOIL: Patriotic cosmopolite 4. Gazprom Neft: Reformed rake 5. Surgutneftegas: Quiet conservative 6. Tatneft: Genghis can 7. Conclusion: Champions of change Index

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Book SynopsisThe second edition of The Political Economy of Iraq is as comprehensive and accessible as the first with updated data and analysis. Frank R. Gunter discusses in detail how the convergence of the ISIS insurgency, collapse in oil prices, and massive youth unemployment produced a serious political crisis in 2020. This work ends with a discussion of key policy decisions that will determine Iraq’s future.This volume will be a valuable resource for anyone with a professional, business, or academic interest in the post-2003 political economy of Iraq.Trade Review‘Frank Gunter has written an outstanding book covering the full spectrum of Iraq’s political economy with sufficiently detailed descriptions and analysis to allow for sound policy recommendations. Much has changed, and not all for the best, since the first edition, but Frank continues to provide the same unique perspective, that of an expert who combines theory with actual on-the-ground in Iraq experience, that is sorely needed for understanding Iraq’s political economy.’ -- Ahmed Tabaqchali, AFC Iraq Fund and The American University of Iraq-Sulaimani, Iraq‘Frank Gunter provides an excellent guide to the fundamentals of Iraqi political economy, assessing the principal barriers to political and economic progress, and offering solid recommendations for overcoming those obstacles. It is both comprehensive and comprehensible and, in those two regards, probably has no rival in the field.’ -- Alan Luxenberg, Former President of the Foreign Policy Research Institute, US'This most thoughtful treatise is another example of Frank Gunter's intellectual discipline and fine analytical mind, writing on Iraq, a country he has studied for many years. He combines objective and informed narrative with a comprehensive understanding of the challenges facing the country, but underlying the whole work is a care and concern for the future wellbeing of the country, one which he and I both respect and honour.' -- Baroness Nicholson of Winterbourne, President, The Iraq Britain Business Council, UK'Frank Gunter has written the definitive account in English of the contemporary Iraqi economy... Following a brief history and overview, chapters cover social indicators, corruption, macroeconomic policy, state-owned enterprises, entrepreneurship, oil agriculture, banks, infrastructure, and international trade. The scope of overage and degree of detail is matched by clear exposition and thoughtful analysis... While his optimism about and affection for Iraq is obvious, he is refreshingly blunt about the systemic problems often downplayed in reports from international organizations…Essential.' -- Review of first edition in Choice MagazineTable of ContentsContents: Preface 1. Iraq’s lost decades 2. Population and key macroeconomic variables 3. Health, poverty, education, and gender issues 4. Corruption 5. Preventing al Qaeda 3.0 6. Domestic and international politics 7. Oil and gas 8. Agriculture and the environment 9. Financial intermediation 10. Large industrial enterprises 11. Entrepreneurship in post-conflict Iraq 12. Infrastructure and essential services 13. International trade and finance 14. Fiscal, monetary, and exchange rate policies 15. Iraq in 2035 Bibliography Index

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Book SynopsisThis comprehensive book addresses both the principles and practicalities of petroleum unitization by mapping out the evolution of and rationale for unitization in legislation and by providing much-needed guidance on the formulation of a legislative framework for effective regulatory governance of the unitization process. Drawing on his own extensive experience of the global petroleum industry and his insights into petroleum unitization in some 90 jurisdictions worldwide, Paul F. Worthington discusses the key elements of legislation for incorporation into petroleum unitization statutes, implementing regulations and production contracts. He provides a basis for legal drafting at all levels of this tripartite legislative framework as well as guidelines for compliance with good international petroleum practice. The Law on Petroleum Unitization: Legislating for Effective Regulatory Governance will prove essential reading for legal practitioners working in government ministries with a responsibility for energy affairs as well as for energy regulators, energy companies and those legal firms who provide unitization advice. Petroleum consultancies, negotiators and energy policy advisers within professional bodies and academia will also benefit from this book's thorough and incisive treatment of the subject matter. Trade Review'Paul F. Worthington's extensive research has produced this important work about unitization. The book's greatest virtue is in pulling together the unitization rules of 90 countries, analyzing them in a methodological manner and proposing recommendations to improve this complex and relevant process. Worthington's work presents itself as an important reference for scholars, policy analysts, oil and gas lawyers, and especially regulators who are charged with drafting unitization rules.' --Luciana Braga, Université Grenoble Alpes, France'This book offers an insightful analysis of the diversity of tripartite legal frameworks (statutes, regulations, and contract provisions) used today to promote the unitization of petroleum reservoirs around the world. Written by a geoscientist with experience in many unitization negotiations, Paul F. Worthington's research finds where gaps in the legal framework, mismatched terms among the three framework levels, and overly prescriptive provisions at some levels can hinder the maximum recovery of petroleum today. He concludes by offering a useful template of key factors that ideally should be found in a country's tripartite legal regime for unitization.' --Jacqueline L. Weaver, University of Houston Law Center, US'A meticulously researched and well written volume that considers the law relating to unitization agreements in both developing and developed jurisdictions. Providing both a historical perspective of the concept of unitization as well as a consideration of contemporary unitization agreements, this book is an essential tool for anyone who works in the area of petroleum contracts and initiation. An invaluable read!' --Tina Soliman Hunter, University of Aberdeen, UKTable of ContentsContents: Preface 1. Introduction 2. Evolution of legislation relating to shared fluid resources 3. Unitization 4. Current status of unitization legislation 5. Collation of pertinent legislation 6. Analysis of selected unitization legislations 7. Detailed case histories 8. Recommendations for improved legislation for unitization 9. Implementation of recommendations Bibliography Index

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Book SynopsisThis Handbook provides an in-depth analysis of the multiple ways in which oil has shaped, changed and affected international relations and global politics. Theoretically innovative, it provides new insights into the interaction between the materiality of oil and its social, economic and political manifestations.International contributors address the continuing legacy of oil, colonialism, and neo-imperialism and how this has had lasting effects on regions like the Middle East, Africa and Latin America. Chapters also assess the complex ways in which oil has influenced the trajectory of global capitalism with the emergence of multiple and powerful economic actors and institutions, and how this has affected the less powerful, the marginalised and the dispossessed. The Handbook concludes by considering the future of oil in the context of the transition to a low-carbon energy system and the challenges and geopolitical consequences of a world becoming less dependent on oil.Exploring the interaction between oil, hegemony and the international political order, this Handbook will be critical reading for scholars and students of international relations, energy policy and environmental governance and regulation. It will also be beneficial for practitioners and policy makers in the field of the international political economy of energy.Trade Review‘The Handbook on Oil and International Relations surveys a vast field of scholarship in a manner that is both authoritative and insightful. The contributors, who are some of the top scholars in their respective areas, bring to bear a considerable degree of theoretical sophistication, while their empirical grasp of specific regions is invaluable. This fills a gap in the field and will be read widely.’ -- Ricardo Soares de Oliveira, University of Oxford, UK‘Oil politics is a core driver of international politics, from the roots of war to economic relations. This book covers a wide-ranging set of topics, with chapters by some of the top scholars in the field.’ -- Jeff Colgan, Brown University, US‘Dannreuther and Ostrowski have succeeded in bringing together some of the world’s foremost experts on the global petroleum sector. Although the oil industry is to be phased out, it is still going to be around for a while and it is still big – so we still need to understand how it works.’ -- Indra Overland, Norwegian Institute of International Affairs, NorwayTable of ContentsContents: Introduction to Handbook on Oil and International Relations xvi Roland Dannreuther and Wojciech Ostrowski PART I MATERIALITIES OF OIL 1 Oil and international relations: theory, materiality and the political 2 Roland Dannreuther 2 From exploration to consumption: understanding the materialities of oil 16 Gavin Bridge and Alexander Dodge 3 Oil and the materialities of other energy sources 33 Margarita M. Balmaceda 4 Oil, culture and modernity 50 Caleb Wellum 5 Oil securitisation: an analysis of oil security discourse and materiality in Azerbaijan 65 Aurora Ganz 6 Oil, materiality, and interstate war 78 Emily Meierding 7 Oil and Asian maritime security in the Indian Ocean 93 Christopher Len PART II OIL, POWER AND POLITICAL ORDER 8 The geopolitics of oil: the United States in the twentieth century 113 Gregory Brew 9 Russia: oil and revisionist power 128 Richard Sakwa 10 Middle East: oil and political order 141 Raymond Hinnebusch 11 Latin America: oil, populism and revolution 158 David Mares 12 Africa: oil, colonialism and development 177 Nelson Oppong and Kwabena Oteng Acheampong PART III OIL AND DEVELOPMENT 13 Oil nationalism, decolonization and fragmentation 190 Wojciech Ostrowski 14 Labour in the making of the international relations of oil: resource nationalism and trade unions 206 Peyman Jafari 15 Oil, law, temporality and indigenous rights 221 Suzana Sawyer and Lindsay Ofrias 16 The oil curse: pollution, authoritarianism, corruption, and conflict 240 Douglas A. Yates 17 Oil, global governance and transparency norm proliferation 252 Nathan Andrews 18 Oil and subsidies 268 Subhes C. Bhattacharyya 19 Qatar: energy abundance and small powers 282 Betul Dogan-Akkas PART IV OIL AND GLOBAL MARKETS 20 International relations and oil: towards a networked power framework of analysis 301 Llewelyn Hughes and Andreas Goldthau 21 Global capitalism and oil 315 Tim Di Muzio and Matt Dow 22 Oil price volatility: cartels, geopolitics and speculation 334 Xiaoyi Mu 23 Oil and international institutions 354 Dag Harald Claes PART V OIL, SUSTAINABILITY AND THE FUTURE 24 International oil companies, decarbonisation and transition risks 370 Mathieu Blondeel and Michael Bradshaw 25 The oil transition in a large oil-importing country: the case of China 391 Philip Andrews-Speed 26 Shale oil and the future of geopolitics 407 Inwook Kim 27 Transition troubles: petrostates, decarbonization, and the geopolitics of peak oil demand 425 Thijs Van de Graaf Index

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Book SynopsisThe Gas Troika on the European Gas Market assesses the energy policy of the Gas Troika Organization (GTO) as an entity and its members, Russia, Iran and Qatar, operating in the European gas market (EGM) between 2008 and 2015. The book focuses on their interests, policies and frameworks, and the enabling and constraining factors they encounter in the European market. The energy policies of the GTO members are discussed in the context of extraction and distribution of natural gas, its export to the European countries and the environmental side-effects of these contracts. The important questions examined in this pioneering study are: How do the GTO members develop their interests and energy policies in the European environment? How do the common interests and policies of the GTO members explain the framework of the organization in the EGM? How is this organization perceived and assessed as a semi-coherent regional entity? The book applies a social structuration theoretical framework with respect to geographical resources, economy, international relations and environmental dimensions to provide a multi-disciplinary assessment. Researchers in energy economics and political sciences, as well as energy analysts and consultants will find this book to be extremely beneficial.

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Book Synopsis

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Book Synopsis

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Book Synopsisstorage and marketing of oil, natural gas and a wide-ranging Petro-product. Evolution and application of the concept of Petro-economics, following the first-ever major 'oil shock' in the early 197's has gained strategic significance and tremendous momentum from the first decade of the 21st century on the following grounds: (i) Emerging need for integration of National energy security with Global energy security environment; (ii) Growing concerns for safeguarding dwindling Strategic oil and natural gas reserves to cater to the growing economy in the developing world (particularly the BRIC's Nations) with much greater projected future demand for oil and natural gas; (iii) Segmentation of the global oil and natural gas market on geo-political basis, compounded by the overwhelming ramifications of regional economic unions; (iv) Price structuring, rationalization/ parity, and attendant accounting problems of oil and natural gas in terms of upstream, midstream, downstream, marketing/ retailing activities associated with crudes, refined oil and natural gas (including LNG, CNG) products; (v) Benchmarking the quality standards of petro-products with branding and customization for reaching out the global market; (vi) Need for activating reforms process to allow free -flow of petro-products and services in the hyper-competitive global market. With this backdrop and thematic approaches in mind, the book on Petro-Economics focuses on the following cardinal aspects to suit all categories of readers: A. To develop a broad understanding about the genesis, exploration, production, refining, transportation and marketing of petroleum and natural gas- both from technological and management angles B. Familiarities in broad terms with general economic principles and accounting procedure for efficiently run and manage petro-businesses, covering major upstream, midstream and downstream activities C. Familiarities with national and global issues concerning energy securities and exposure to national policies conducive to oil and natural gas trading under deregulated market environment

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