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 and the environmental impact and sustainability of resources.
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.
Part I: Overview
1. Introduction to Sustainability Management in the Oil
and Gas Industry Part II: Oil and gas management
2. Oil and Gas Storage
Management: Evidence from a Developing Country
3. The Business of Oil
Refining in Africa
4. Downstream Petroleum Sector in Ghana: Mapping the Key
Marketing Issues
5. Oil and Gas Operations, Transportation and Logistics
Management
6. Procurement and Supply Chain Management in the Oil and Gas
Industry
7. Digital Technology and Innovations in the Oil and Gas Industry
8.
Oil and Gas Project Management
9. Human Resource Management Practices in the
Oil and Gas Industry
10. Strategic Management in the Oil and Gas Industry
11.
Corporate Governance in the Oil and Gas Sector
12. Implementing Total Quality
Management in the Oil and Gas Industry
13. Performance Management in the Oil
and Gas Industry Part III: Sustainability Management in the Oil and Gas
Industry
14. Occupational Health and Safety Management in the Oil and Gas
Industry
15. Corporate Social Responsibility of Multinational Corporations in
the Oil and Gas Sector
16. Environmental and Sustainability Management in the
Oil and Gas Industry
17. Natural Gas and Liquified Natural Gas Resource
Management
18. Petrochemical Resource Management
19. The Role of Oil and Gas
in Sustainable Development in the Global South
20. The Future of the Oil and
Gas Industry in Emerging and Developing Countries
Joshua Yindenaba Abor is a Financial Economist, Professor of Finance, and former Dean of the University of Ghana Business School. He is an External Fellow at the Centre for Global Finance, SOAS University of London, UK, and Adjunct Professor of Development Finance at the University of Stellenbosch Business School, South Africa.
Amin Karimu is an Associate Professor in Economics at the School of Economics, University of Cape Town, South Africa and Visiting Scholar at the Centre for Environmental and Resource Economics at Umeå University, Sweden.