Sustainability In The Oil And Gas Sector

The oil and gas industry is a complex sector with significant reach in terms of providing the energy needs of the global economy and the security, environmental and development consequences thereof. In particular, the sector is extremely important for the economic growth of emerging markets and developing countries. Furthermore, the life span of oil and gas resources is finite, with high health and safety risks and substantial environmental costs that require careful management and sustainability practices to ensure optimal extraction and utilisation of these resources. This book examines the challenges and opportunities in the oil and gas industry, in the context of emerging markets and developing economies. It provides comprehensive coverage of the management and sustainability practices of the sector, the environmental impact and sustainability of resources as well as the businesses that operate in the sector across the entire value chain. It addresses the current discourse on topics such as the Sustainable Development Goals, the Green Economy, the Paris Agreement and Glasgow Climate Pact and concludes with a chapter on the future of the oil and gas industry. The discussions around energy and energy transitions in particular continue to gain momentum and the book provides a wide-reaching and up-to-date overview of the industry. The book introduces readers to the concepts and formal models of analysis in the oil and gas sector and will serve as a useful resource for students, scholars and researchers in operations, marketing, procurement and supply chain management, project management, health and safety management, environmental economics, natural resource economics, development finance, and development studies. Researchers and practitioners working in these areas will also find the book a useful reference material.

Can "green petroleum" reverse global warming and bring down high gasoline prices? Written in non-technical language for the layperson, this book investigates and details how the oil and gas industry can "go green" with new processes and technologies, thus bringing the world's most important industry closer to environmental and economic sustainability. This book unravels the mysteries of the current energy crisis and argues that solutions to global warming will come only from the development of new technologies. Discussed here are the reasons why petroleum operations, as they are now, are not sustainable; how each practice treads an inherently implosive path; and how each spells irreversible damage to the planet's ecosystem. Fossil fuel consumption is not the culprit; rather, the practices involved, from exploration to refining and processing, are responsible for the current damage to the environment.

​The push for sustainability in the oil and gas sector has taken center stage in both climate action debates and mitigation/adaptation efforts in recent decades. As the global mission for sustainable energy increasingly moves away from oil and gas as primary resources, the study of sustainability in the industry is often posited as counterintuitive. However, it is imperative to unearth methods to integrate sustainability efforts in the oil and gas industry, as it will likely retain its prominence in the foreseeable future. This book ignites academic discussion regarding ongoing and necessary mitigation and adaptation strategies in the oil and gas industry that will help address the ongoing climate crisis. The chapters featured in this collection pose several important queries regarding current sustainability efforts in the oil and gas industry and propose avenues for improvement. In particular, they focus on carbon emissions in exploration and production, land use patterns andbiodiversity, and ethics in the oil and gas industry. Working against the background of the UN Agenda 2030 and Sustainable Development Goals, this book will be of great interest to academics and students of sustainability strategies, energy, innovation, and business ethics, as well as policymakers and practitioners tasked with analyzing these areas.

Examines critical links between local content requirements and the application of sustainable development treaties in global energy markets.

Sustainable Materials for Oil and Gas Applications, a new release in the Advanced Materials and Sensors for the Oil and Gas Industry series, comprises a list of processes across the upstream and downstream sectors of the industry and the latest research on advanced nanomaterials. Topics include enhanced oil recovery mechanisms of nanofluids, health and safety features related to nanoparticle handling, and advanced materials for produced water treatments. Supplied from contributing experts in both academic and corporate backgrounds, the reference contains developments, applications, advantages and challenges. Located in one convenient resource, the book addresses real solutions as oil and gas companies try to lower emissions. As the oil and gas industry are shifting and implementing innovative ways to produce oil and gas in an environmentally friendly way, this resource is an ideal complement to their work. Covers developments, workflows and protocols in advanced materials for today's oil and gas sectors Helps readers gain insights from an experienced list of editors and contributors from both academia and corporate backgrounds Address environmental challenges in oil and gas through technological solutions in nanotechnology

The UN Sustainable Development Goals are an ambitious agenda for environmental sustainability, economic development, and social transformation. The SDGs include targets for governments, in partnership with private industry and communities, to improve access to affordable and reliable energy, reduce inequality, protect natural resources, and invest in transparent legal institutions and resilient infrastructure. Although transitioning energy systems towards a low-carbon future is a core aspect of the SDGs, the International Energy Agency anticipates that oil and gas will remain a significant component of the global energy mix for some time. Host Government Instruments are tools which governments use to grant oil and gas companies permission to develop state-owned resources. In addition to bringing substantial resources into governments, these HGIs often also include environmental commitments as well as commitments to local hiring, stakeholder engagement, and investment in economic development programmes. The different structures of HGIs and their precise terms and conditions are crucial determinants of the sustainability of oil and gas operations conducted thereunder. This book addresses how governments can use HGIs to advance the SDGs. Part I introduces the SDGs and the legal institutions and governance related to HGIs, including in relation to international energy development, international environmental treaties, the Paris Agreement, and human rights regimes. Part II examines specific provisions within HGIs and regulatory systems which relate to the oil and gas sector and SDGs. It provides case studies to illustrate approaches to HGIs and to identify opportunities for host governments and international oil and gas companies to advance the SDGs. The book concludes with a summary of recommendations regarding how host governments, in partnership with the oil and gas industry, can use HGIs to advance economic development and sustainability goals, and advances potential insights towards development of new and renewable resources.

Pt. 1. The Arctic: context, framework and methodology -- pt. 2. Legal and institutional framework: case studies -- pt. 3. Comparisons and managerial implications.