The Alaskan Arctic region is estimated to hold the largest undiscovered Arctic oil deposits---about 30 billion barrels. Realizing this immense potential, however, will not be easy, as firms face technical, political and regulatory barriers in their quest to explore and develop this frontier. To overcome these challenges, energy companies should adopt a comprehensive education and engagement strategy. This document formulates key elements of a strategy to help alleviate concerns of the stakeholders who have the power to thwart development. At a time of uncertainty over offshore oil and gas development in the U.S. Arctic, a combined education and engagement campaign promises to help interested parties protect and expand their license to operate in the region. / text

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Thesis (Ph. D.)--Ohio State University, 1984. / Includes vita. Includes bibliographical references (leaves 205-210). Available online via OhioLINK's ETD Center.

The crude oil is one of the major energy resources in our lifetime and plays its crucial role in our economy. How the stock prices of the oil industry will react to the foreseeable rising price that is important issue needed to be investigated. This research analyzes the relationship among oil price¡BSpread¡BDow Jones Index and five integrated oil and gas companies which are traded in NYSE. We found that the stock prices of all five companies were not related to Dow Jones Index and themselves according to the Granger-Causality test. We also found that the movement of Exxon¡¦s stock prices has significantly impact on the stock prices of the other four oil companies based on the results of the impulse function. In the long run, the five company¡¦s stock prices, oil price and Spread are jointly cointergrated, but not for only five companies considered. According to the VECM (Vector Error Correction Model), Spread could affect the changes in five oil company¡¦s stocks in short run, but not vice versus. It may explain that the investor would pay more attention on the future volatility of oil price into their investment strategies.

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The following thesis explores the development of oil and gas resources in the province of Alberta between 1971 and 1985. At its broadest, this thesis uses the interaction of government, capital, and citizenry surrounding the exploitation of a non-renewable energy resource to examine the social side of resource development. These three actors approached oil and gas resources with their own ideologies, tactics, and goals. The relationships, disagreements, and debates between and among these groups provide a glimpse into the social nature of resource development in Alberta. They illustrate competing understandings of resource development on the part of Alberta citizens, demonstrate cleavages between citizens and elected officials, and lay bare the politics of resource development in Alberta that marginalized, manipulated, and devalued the meaningful participation of its citizens.

Historically, Ukraine has been a net energy importer, needing oil and natural gas for the effective functioning of its industries and satisfaction of domestic needs. Ukraine's independence immediately followed the disintegration of the Soviet Union in 1991, resulting in its ultimate dependency on oil and natural gas imports from Russia. During the last few years, the parties had undergone a number of disagreements that led to the disruption of natural gas supply to Ukraine, and political instability within the country. The necessity to redevelop Ukraine's domestic energy industry and adjust it to an available domestic natural gas source became vitally important for the national government. The present project provides a summary of the Ukrainian energy policy dynamics from 2006-present time. It specifies current energy trends, renewable energy sources, alternatives, and provides recommendations for the Ukrainian government on how to integrate successful international experiences into the development of coalbed methane in the local environment. / McAnulty College and Graduate School of Liberal Arts; / Graduate Center for Social and Public Policy / MA; / Thesis;

The objective of this paper is to help new investors and project developers identify the challenges of shale gas E&P and to enlighten them of the currently available strategies so that they can develop the best project plan and execute it without suffering unexpected challenges. This paper categorizes the challenges into five groups and concentrates on shale-gas-specific challenges. It excludes conventional oil and gas development challenges because by and large these five major challenge groups seem to decide the success and failure of most shale gas projects. The five groups are the identification of shale gas potentials, the technical challenges in well design and stimulation strategies, the economic challenges such as high cost of new technologies, the environmental challenges concerning the hydraulic fracturing water, and the international challenges of performing projects outside the US. The strategies are yet to be well established and are still evolving rapidly. Hence, before starting a shale gas project, shale gas developers need to perform extensive and intensive check-ups on the challenges and on current available strategies as well as to stay up to date thereafter on new strategies. / text

Strategic environmental assessment (SEA) is used as a policy tool in the management of offshore oil and gas. As offshore oil and gas exploration continues to advance further into Arctic regions, questions of how SEA fits into petroleum policy frameworks, its process, and its effectiveness arise. This thesis adopts a historical institutionalist approach to explain SEA in Norway’s offshore oil and gas sector, discussing lessons to be learned from the Norwegian case, as well as the applicability of SEA in similar Arctic governance regimes. The thesis identifies three main lessons: First, Norway’s management of Arctic offshore hydrocarbon resources is a reflection of its distinct path of political development, particularly its emphasis on reaching consensus on sensitive political issues. Second, from the onset, Norway had the economic and political means to develop the institutional capacity and international experience required to manage an international offshore oil and gas operation. Third, the combination of these factors allowed Norway to adopt an incremental approach towards the advancement of its petroleum development, enabling decision-makers to adopt the principles of strategic environmental assessment into the policies that govern Norway’s offshore resources.

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