The Future Challenge Of Oil

The Future Challenge Of Oil PDF Author: Yuonne Geathers
Publisher: Independently Published
ISBN:
Category :
Languages : en
Pages : 66

Get Book Here

Book Description
With rising global demand, highly volatile prices, and increasingly stringent environmental regulations, the oil and gas industry faces many challenges. Globally, the demand for Oil is increasing and it is expected to grow for many more years to come. Uncertainty is the key characteristic of the Oil & Gas Industry today. As people are finding ways to be more dependent on organic sources of energy, Oil and Gas Industry is coming across a lot of technical, operational as well as organizational challenges. This book contains answers for the questions, which are related deeply to the oil industry such as: -What is oil? Who produces it? -Who uses it? How is the oil used? -How much oil is there? Has the world reached peak oil? -Is the world in an oil decline or are we awash in oil? -Can we depend on oil being available when we need it and at what price? -What is the future of oil? After digging through reams of data and news, and analyzing global geopolitical conditions, Chase Global Trend has distilled key information and applied its analysis to answer these questions and more. Presented here is a condensed review and analysis of the current state of global oil along with bold estimates of future global conditions and the challenges facing global oil.

The Future Challenge Of Oil

The Future Challenge Of Oil PDF Author: Yuonne Geathers
Publisher: Independently Published
ISBN:
Category :
Languages : en
Pages : 66

Get Book Here

Book Description
With rising global demand, highly volatile prices, and increasingly stringent environmental regulations, the oil and gas industry faces many challenges. Globally, the demand for Oil is increasing and it is expected to grow for many more years to come. Uncertainty is the key characteristic of the Oil & Gas Industry today. As people are finding ways to be more dependent on organic sources of energy, Oil and Gas Industry is coming across a lot of technical, operational as well as organizational challenges. This book contains answers for the questions, which are related deeply to the oil industry such as: -What is oil? Who produces it? -Who uses it? How is the oil used? -How much oil is there? Has the world reached peak oil? -Is the world in an oil decline or are we awash in oil? -Can we depend on oil being available when we need it and at what price? -What is the future of oil? After digging through reams of data and news, and analyzing global geopolitical conditions, Chase Global Trend has distilled key information and applied its analysis to answer these questions and more. Presented here is a condensed review and analysis of the current state of global oil along with bold estimates of future global conditions and the challenges facing global oil.

From Oil to Gas and Beyond

From Oil to Gas and Beyond PDF Author: Trevor M. Boopsingh
Publisher: University Press of America
ISBN: 076186329X
Category : Business & Economics
Languages : en
Pages : 497

Get Book Here

Book Description
From Oil to Gas and Beyond chronicles the history of the petroleum industry in Trinidad and Tobago and appraises major policy decisions impacting its economy. The book details the macroeconomic, commercial, and technical challenges faced by Trinidad and Tobago in the monetization of its oil and gas resources over the past one hundred years. The contributors cover several topics including local content, national participation, sustainability, communication, leadership, energy diplomacy, environmental law and macroeconomic policy.

Oil Industry Report

Oil Industry Report PDF Author: Andres Martenez
Publisher: Independently Published
ISBN:
Category :
Languages : en
Pages : 66

Get Book Here

Book Description
With rising global demand, highly volatile prices, and increasingly stringent environmental regulations, the oil and gas industry faces many challenges. Globally, the demand for Oil is increasing and it is expected to grow for many more years to come. Uncertainty is the key characteristic of the Oil & Gas Industry today. As people are finding ways to be more dependent on organic sources of energy, Oil and Gas Industry is coming across a lot of technical, operational as well as organizational challenges. This book contains answers for the questions, which are related deeply to the oil industry such as: -What is oil? Who produces it? -Who uses it? How is the oil used? -How much oil is there? Has the world reached peak oil? -Is the world in an oil decline or are we awash in oil? -Can we depend on oil being available when we need it and at what price? -What is the future of oil? After digging through reams of data and news, and analyzing global geopolitical conditions, Chase Global Trend has distilled key information and applied its analysis to answer these questions and more. Presented here is a condensed review and analysis of the current state of global oil along with bold estimates of future global conditions and the challenges facing global oil.

The Future Of Oil

The Future Of Oil PDF Author: Debbra Thalls
Publisher: Independently Published
ISBN:
Category :
Languages : en
Pages : 66

Get Book Here

Book Description
With rising global demand, highly volatile prices, and increasingly stringent environmental regulations, the oil and gas industry faces many challenges. Globally, the demand for Oil is increasing and it is expected to grow for many more years to come. Uncertainty is the key characteristic of the Oil & Gas Industry today. As people are finding ways to be more dependent on organic sources of energy, Oil and Gas Industry is coming across a lot of technical, operational as well as organizational challenges. This book contains answers for the questions, which are related deeply to the oil industry such as: -What is oil? Who produces it? -Who uses it? How is the oil used? -How much oil is there? Has the world reached peak oil? -Is the world in an oil decline or are we awash in oil? -Can we depend on oil being available when we need it and at what price? -What is the future of oil? After digging through reams of data and news, and analyzing global geopolitical conditions, Chase Global Trend has distilled key information and applied its analysis to answer these questions and more. Presented here is a condensed review and analysis of the current state of global oil along with bold estimates of future global conditions and the challenges facing global oil.

Oil in the 21st Century

Oil in the 21st Century PDF Author: Robert Mabro
Publisher: Oxford University Press, USA
ISBN: 9780199207381
Category : Business & Economics
Languages : en
Pages : 388

Get Book Here

Book Description
Oil is hitting the headlines once again. The big increases in oil prices over the past two years are upsetting consumers and puzzling producers. The reasons are difficult to understand, since few people are familiar with the complex workings of the price regime for oil in international trade. It is said that sluggish investment is a major cause, but what are the reasons for inadequate investment in oil producing and refining plants during the last 20 years? Does oil have a future? We are told that oil production will soon peak because the rate of production is higher than replacement rates. Climate change problems are casting a shadow over the future of fossil fuels. There may, however, be a solution to the nefarious CO2 emissions in, for instance, technologies that sequestrate carbon. Oil's stronghold is the transport sector: cars, trucks, railway engines, planes, ships. The demand for oil would suffer a fatal blow if technical innovations in car engines make it possible to use an alternative fuel to petrol or diesel. New energy sources - wind, solar, tide, waves, geo-thermal - are both renewable and environment-friendly. Do they represent a threat to the future of oil? An international team of experts addresses these highly topical questions in this comprehensive volume.

Cme Vulnerability, The: The Impact Of Negative Oil Futures Trading

Cme Vulnerability, The: The Impact Of Negative Oil Futures Trading PDF Author: George Xianzhi Yuan
Publisher: World Scientific
ISBN: 9811223211
Category : Business & Economics
Languages : en
Pages : 274

Get Book Here

Book Description
In 2020, the global lockdowns caused by the COVID-19, or coronavirus, pandemic had resulted in a sharp drop in demand for crude oil. This impact was so severe that on April 8, 2020, a proposal to update the Chicago Mercantile Exchange Holdings Inc. (CME) trading rule to permit negative prices was applied to CME's WTI Oil futures contracts; this led to a novel phenomenon in which the closing clearing price of WTI Oil May future was $-37.63/barrel based on fewer than 400 contracts' trading volume in the last three minutes, reflecting less than 0.2% of the total trading contracts volume on April 20, 2020. This occurrence of negative closing clearing price for CME's WTI Oil futures trading, cannot be explained simply by just the principle of supply and demand; instead, it highlights vulnerabilities caused by CME's allowance of negative price trading (based on its trading platform), a decision which brings potential and fundamental challenges to the global financial system.This event challenges not just our basic concepts of 'value' and trading 'price' of commodities and goods that underline our understanding of the framework for the invisible hand and general equilibrium theory in economics established by a few generations of scholars since Adam Smith in 1776 for market economies, but also have wider implications on the fundamentals that underpin our ideas of value and labor in the organization, activity, and behavior of civilizations and individual liberties.The scope of this book is limited to covering the impact of the negative oil futures derivatives' trading between April 20 and 21, 2020. This book focuses on exploring the issues, challenges, and possible impacts on global financial markets due to the negative clearing prices of WTI Oil futures contracts and related problems from different perspectives. Topics covered include the responsibilities and liabilities of the CME; critique to the fundamental theory of economics and the modern understanding of value and labor; and challenges to the global financial systems and businesses and introduction to new methods of application.

The Oil Era

The Oil Era PDF Author: The Emirates Center for Strategic Studies and Research
Publisher: Emirates Center for Strategic Studies and Research
ISBN: 9948144309
Category : Antiques & Collectibles
Languages : en
Pages : 68

Get Book Here

Book Description
Economic, environmental and security considerations have hastened the need for diversification of energy resources. While oil remains a comparatively inexpensive form of energy and enjoys great demand – and which is therefore more strategically and economically important to the majority of countries worldwide than any other energy source – its future as a major and essential source of world energy remains uncertain in light of the decline of strategic reserves and the adverse effects of fossil fuels on the climate and environmental security. This is particularly significant given the limited application of other energy resources, which are unlikely to be sufficient in meeting increasing demand stemming from population growth, ongoing urban expansion and ever-higher rates of economic and social development. It is hard to escape the conclusion that the international competition for sources of energy will be more severe and frenzied in the years ahead, and that the military dimensions of this competition will become more pronounced. These trends are likely to gain momentum so long as the worldwide demand for imported petroleum continues to grow and the supply of exportable oil fails to expand proportionately. Under these circumstances, it becomes essential to accelerate the development of alternative sources of energy and to increase the efficiency of oil-powered systems, thereby reducing the need for imports. As much as is possible, these efforts should be undertaken in a cooperative manner, so as to reduce the risk of unintended conflict over contested sources of energy. The ECSSR 16th Annual Energy Conference, The Oil Era: Emerging Challenges, held at the Center on November 8–10, 2010, and the resultant papers contained in this volume, provide a professional, academic investigation of the challenges that lie ahead for the oil age. They explore various aspects of global energy demand, determine the position of GCC producers, and discuss the relationship between oil supplies and industrialization in the 21st century. They identify the dynamics of global oil demand and their implications for producers; the future of oil geopolitics and associated challenges; recent lessons learned in the industry; future prospects for supply; and the implications of climate change for oil policies in the GCC states.

Challenges Across Brazil's Oil Sector and Prospects for Future Production

Challenges Across Brazil's Oil Sector and Prospects for Future Production PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Get Book Here

Book Description


A Thousand Barrels a Second: The Coming Oil Break Point and the Challenges Facing an Energy Dependent World

A Thousand Barrels a Second: The Coming Oil Break Point and the Challenges Facing an Energy Dependent World PDF Author: Peter Tertzakian
Publisher: McGraw Hill Professional
ISBN: 0071510729
Category : Business & Economics
Languages : en
Pages : 289

Get Book Here

Book Description
A Powerful Analysis of Our Oil Addiction and a New Direction for Global Energy In 2006, world oil consumption exceeded one thousand barrels per second-a level with enormous impact on the environment, world economies, investments, and business profitability. A Thousand Barrels a Second examines the future of oil and the nature of our energy supply, revealing how governments, businesses, and individuals can meet the coming challenges with better solutions and innovations. “A Thousand Barrels a Second is a book that arrives just in time.”-U.S. Representative Charles F. Bass, (R-NH), member House Energy and Commerce Committee “Peter Tertzakian's analysis of world oil is a fascinating reminder that history often foretells the major turning points of the future.”-Gwyn Morgan, President & Chief Executive Officer, EnCana Corporation “An excellent book! In my more than 40 years in the industry I can't think of a publication which has so clearly discussed the global challenges of today's demands and tomorrow's requirements.”-Peter Gaffney, Senior Partner, Gaffney, Cline & Associates

The Future of the Region

The Future of the Region PDF Author: The Emirates Center for Strategic Studies and Research
Publisher: Emirates Center for Strategic Studies and Research
ISBN: 9948257219
Category : Antiques & Collectibles
Languages : en
Pages : 31

Get Book Here

Book Description
This book presents some of the most important contributions made during the Emirates Center for Strategic Studies and Research (ECSSR) 22nd Annual Conference, titled ’The Future of the Region: Oil Price Challenges’. It seeks to outline strategies to ensure stability in Arab countries by identifying some of the key security issues, set against the context of oil price challenges. Chapter 1 examines the concept of stability, as well as the factors that have caused instability in the region, and suggests strategies to ensure peace and security, which is vital for the region’s advancement. Chapter 2 reviews the role of the GCC countries in maintaining regional stability, with a focus on the Gulf states’ emerging prominence as perhaps the only Arab power able to withstand the turmoil that has struck the region following the decline of the traditional Arab powers. Chapter 3 looks at shifting alliances in the region and suggests strategies for avoiding conflict within a new geo-political reality. Within this context, GCC countries should draw on their considerable capabilities to achieve and sustain security in the Arabian Gulf region, working to create a regional power base able to maintain military and economic balance. Chapter 4 sheds light on the policies and interests of the major powers in relation to the region. The significant decline in oil prices, consequences of the so-called Arab Spring, the crisis in Yemen, emergence of Da’esh and increased Iranian hostilities have had a major impact, raising the concerns of countries all over the world. Ultimately, partnership with major powers, such as the US, can help Gulf countries ensure the region’s stability and advancement. Chapter 5 considers how American views toward political Islam and religious extremism were shaped during Donald Trump’s presidential election campaign. It raises serious concerns over the campaign’s rhetoric, which can be viewed as having politicized Islamic extremism in the US, contributing to polarization and confusion over the issue, with implications for American relations with Gulf nations. Chapter 6 focuses on the economic policies of oil-producing states, which are in urgent need of major modification. In order to adapt to falling oil prices, two main mechanisms are identified; the use of sovereign wealth funds and a decrease in government spending. Finally, Chapter 7 continues the discussion of oil price challenges, reviewing the key issues in international oil markets, upon which the policies of oil-producing countries are based. Direct competition between oil producers in the region and American producers of shale oil is anticipated, especially during Trump’s tenure. The chapter’s conclusion is that for the foreseeable future, as GCC states diversify their economies, the oil sector will continue to play an essential role.