Government Support to Upstream Oil & Gas in Russia
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IEA-RETD Rewind Offshore
Comparative Analysis of International Offshore Wind Energy Development REWIND OFFSHORE March 2017 ABOUT THE IEA RETD TECHNOLOGY COLLABORATION PROGRAMME The IEA Renewable Energy Technology Deployment Technology Collaboration Programme (IEA RETD TCP) provides a platform for enhancing international cooperation on policies, measures and market instruments to accelerate the global deployment of renewable energy technologies. IEA RETD TCP aims to empower policy makers and energy market actors to make informed decisions by: (1) providing innovative policy options; (2) disseminating best practices related to policy measures and market instruments to increase deployment of renewable energy, and (3) increasing awareness of the short-, medium- and long-term impacts of renewable energy action and inaction. For further information please visit: http://iea-retd.org or contact [email protected]. Twitter: @IEA_RETD IEA RETD TCP is part of the IEA Energy Technology Network. DISCLAIMER The IEA RETD TCP, formally known as the Technology Collaboration Programme for Renewable Energy Technology Deployment and formerly known as the Implementing Agreement for Renewable Energy Technology Deployment (IEA-RETD), functions within a Framework created by the International Energy Agency (IEA). Views, findings and publications of IEA RETD TCP do not necessarily represent the views or policies of the IEA Secretariat or of its individual Member Countries. COPYRIGHT This publication should be cited as: IEA RETD TCP (2017), Comparative Analysis of International Offshore Wind Energy Development (REWind Offshore), IEA Renewable Energy Technology Deployment Technology Collaboration Programme (IEA RETD TCP), Utrecht, 2017. Copyright © IEA RETD TCP 2017 (Stichting Foundation Renewable Energy Technology Deployment) AUTHORS Lead Authors: The Carbon Trust is an independent, expert partner that works with public and private section organizations around the world, helping them to accelerate the move to a sustainable, low carbon economy. -
Long-Term Prospects for Northwest European Refining
LONG-TERM PROSPECTS FOR NORTHWEST EUROPEAN REFINING ASYMMETRIC CHANGE: A LOOMING GOVERNMENT DILEMMA? ROBBERT VAN DEN BERGH MICHIEL NIVARD MAURITS KREIJKES CIEP PAPER 2016 | 01 CIEP is affiliated to the Netherlands Institute of International Relations ‘Clingendael’. CIEP acts as an independent forum for governments, non-governmental organizations, the private sector, media, politicians and all others interested in changes and developments in the energy sector. CIEP organizes lectures, seminars, conferences and roundtable discussions. In addition, CIEP members of staff lecture in a variety of courses and training programmes. CIEP’s research, training and activities focus on two themes: • European energy market developments and policy-making; • Geopolitics of energy policy-making and energy markets CIEP is endorsed by the Dutch Ministry of Economic Affairs, the Dutch Ministry of Foreign Affairs, the Dutch Ministry of Infrastructure and the Environment, BP Europe SE- BP Nederland, Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A. ('Rabobank'), Delta N.V., ENGIE Energie Nederland N.V., ENGIE E&P Nederland B.V., Eneco Holding N.V., EBN B.V., Essent N.V., Esso Nederland B.V., GasTerra B.V., N.V. Nederlandse Gasunie, Heerema Marine Contractors Nederland B.V., ING Commercial Banking, Nederlandse Aardolie Maatschappij B.V., N.V. NUON Energy, TenneT TSO B.V., Oranje-Nassau Energie B.V., Havenbedrijf Rotterdam N.V., Shell Nederland B.V., TAQA Energy B.V.,Total E&P Nederland B.V., Koninklijke Vopak N.V. and Wintershall Nederland B.V. CIEP Energy -
Sanctions Intelligence Update
July 17, 2014 SANCTIONS INTELLIGENCE UPDATE GENNADY TIMCHENKO & VOLGA GROUP adapting BUSINESS FOLLOWING U.S. & Canadian sanctions Overview In March and April, the US government sanctioned Russian businessman Gennady Timchenko, his Luxembourg-registered holding company Volga Group, and ten related subsidiaries. Timchenko was identified as a “member of the Russian leadership’s inner circle,” whose involvement in the energy sector was “directly linked to [President] Putin.” To date, Canada has sanctioned Timchenko, Volga Group, and nine Volga Group subsidiaries. The European Union has not acted against Timchenko or Volga Group. Since the announcement of US and Canadian sanctions, Timchenko and Volga Group- controlled firms have announced new projects in Asia, Europe, and Syria with reported financing from Chinese and Russian banks, including institutions sanctioned by the US on July 16. Financial institutions engaged in global business should consider the implications for AML and sanctions risk management. Timchenko’s post-sanctionS business ventures in China In late April 2014, President Putin appointed Gennady Timchenko to lead the Russia-China Business Council (RCBC), a body created in 2004 to expand partnerships between the two countries. Timchenko told reporters after President Putin’s RCBC announcement: “You know what Putin said? He introduced me by As head of RCBC, Timchenko is advancing Volga Group interests in saying Mr. Timchenko is the head of our business council. In other China. words – it is my words here – he is our main man for China.” • In late May 2014, Volga Group is constructing a terminal for announced a joint-venture with coal and iron ore shipments in the state-owned China Harbour Russia’s Far East. -
The Economics of the Green Investment Bank: Costs and Benefits, Rationale and Value for Money
The economics of the Green Investment Bank: costs and benefits, rationale and value for money Report prepared for The Department for Business, Innovation & Skills Final report October 2011 The economics of the Green Investment Bank: cost and benefits, rationale and value for money 2 Acknowledgements This report was commissioned by the Department of Business, Innovation and Skills (BIS). Vivid Economics would like to thank BIS staff for their practical support in the review of outputs throughout this project. We would like to thank McKinsey and Deloitte for their valuable assistance in delivering this project from start to finish. In addition, we would like to thank the Department of Energy and Climate Change (DECC), the Department for Environment, Food and Rural Affairs (Defra), the Committee on Climate Change (CCC), the Carbon Trust and Sustainable Development Capital LLP (SDCL), for their valuable support and advice at various stages of the research. We are grateful to the many individuals in the financial sector and the energy, waste, water, transport and environmental industries for sharing their insights with us. The contents of this report reflect the views of the authors and not those of BIS or any other party, and the authors take responsibility for any errors or omissions. An appropriate citation for this report is: Vivid Economics in association with McKinsey & Co, The economics of the Green Investment Bank: costs and benefits, rationale and value for money, report prepared for The Department for Business, Innovation & Skills, October 2011 The economics of the Green Investment Bank: cost and benefits, rationale and value for money 3 Executive Summary The UK Government is committed to achieving the transition to a green economy and delivering long-term sustainable growth. -
Worldwide Tax Summaries, Corporate Taxes 2016/17, Centrral Asia And
www.pwc.com/taxsummaries Worldwide Tax Summaries Corporate Taxes 2016/17 Quick access to information about corporate tax systems in 155 countries worldwide. Central Asia and Eastern Europe Worldwide Tax Summaries Corporate Taxes 2016/17 All information in this book, unless otherwise stated, is up to date as of 1 June 2016. This content is for general information purposes only, and should not be used as a substitute for consultation with professional advisors. © 2016 PwC. All rights reserved. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details. Foreword Welcome to the 2016/17 edition of Worldwide Tax Summaries (WWTS), one of the most comprehensive tax guides available. This year’s edition provides detailed information on corporate tax rates and rules in 155 countries worldwide. As governments across the globe are If you have any questions, or need more looking for greater transparency and detailed advice on any aspect of tax, with the increase of cross-border please get in touch with us. The PwC tax activities, tax professionals often need network has member firms throughout access to the current tax rates and other the world, and our specialist networks major tax law features in a wide range can provide both domestic and cross- of countries. The country summaries, border perspectives on today’s critical written by our local PwC tax specialists, tax challenges. A list of some of our key include recent changes in tax legislation network and industry specialists is located as well as key information about income at the back of this book. -
Adrian Wilson Electrical Technology Specialist Narec Limited Eddie Ferguson House Ridley Street Blyth Northumberland NE24 3AG
Eddie Ferguson House Ridley Street, Blyth, Northumberland, NE24 3AG Tel: 01670 359 555 Fax: 01670 359 666 www.narec.co.uk ___________________________________________________________________________________________________________________________________ Adrian Wilson Electrical Technology Specialist NaREC Limited Eddie Ferguson House Ridley Street Blyth Northumberland NE24 3AG 15th July 2005 Arthur Cooke, Ofgem, 9 Millbank, London SW1P 3GE Your Ref 123/05 Dear Mr Cooke, This is the New and Renewable Energy Centre’s response to your consultation “The regulatory implications of domestic scale microgeneration” dated April 2005. NaREC will also be responding to the Microgeneration Strategy Consultation that the Government is undertaking presently and may make some of the same points. Ofgem may ignore the confidentiality automatically attached to the covering email and can feel free to publish, act upon or use as seen fit this document in response this consultation or for other purposes. Our Background The New and Renewable Energy Centre Ltd (NaREC) was established in 2002 as a Centre of Excellence for the new and renewable energy technologies under the auspices of the DTI and One North East, the Regional Development Agency. NaREC’s mission is to foster the growth, development and commercialisation of new and emerging renewable energy technologies. NaREC’s UK-wide objective is to provide tangible leadership and practical technical assistance that will enable emerging technologies to be harnessed commercially to solve the UK’s future energy requirements. Our government is keen to encourage long term investment in new and renewable energy sources, since they see this as part of a balanced approach to meeting the country’s future energy needs. NaREC shares the key aspirations contained in the government’s White Paper published in February 2003. -
LNG Plant Cost Reduction 2014–18
October 2018 LNG Plant Cost Reduction 2014–18 OIES PAPER: NG137 Brian Songhurst Research Associate, OIES The contents of this paper are the author’s sole responsibility. They do not necessarily represent the views of the Oxford Institute for Energy Studies or any of its members. Copyright © 2018 Oxford Institute for Energy Studies (Registered Charity, No. 286084) This publication may be reproduced in part for educational or non-profit purposes without special permission from the copyright holder, provided acknowledgment of the source is made. No use of this publication may be made for resale or for any other commercial purpose whatsoever without prior permission in writing from the Oxford Institute for Energy Studies. ISBN: 978-1-78467-120-4 DOI: https://doi.org/10.26889/9781784671204 i LNG Plant Cost Reduction 2014–18 – October 2018 Acknowledgements My thanks to fellow OIES colleague Claudio-Steuer for his contributions during the drafting of this paper. My thanks also to the following industry colleagues for their review and comments on the draft: Toby Chancellor-Weale, Chair, IChemE Oil and Natural Gas Special Interest Group (SONG) Chris Spilsbury, LNG Specialists Ltd John Rushbrook, Consultant ii LNG Plant Cost Reduction 2014–18 – October 2018 Preface In his recent papers for OIES on the future of gas in Europe and the global energy economy, Jonathan Stern identified affordability as a key factor in determining whether gas would play a major role in Non-OECD countries. As the majority of traded gas will be LNG, the key question is therefore whether the cost of developing new liquefaction projects can be low enough to allow the gas to be competitive when it reaches the end consumer. -
Removing Barriers for Deployment Through Policy Development; the UK Case Study
3rd International Conference on Ocean Energy, 6 October, Bilbao Removing barriers for deployment through policy development; the UK case study. 1 O H. Wragg 1 RenewableUK, Greencoat House, Victoria, London, UK E-mail: [email protected] Abstract and carbon emission reduction. In the UK this came firstly from the European Renewable Energy Systems This paper will provide an overview of the directive [1] and secondly through the UK Climate current state of the UK marine energy industry, Change Act [2]. covering installed capacity to date, planed projects The two further key pieces of UK primary and development scenarios up to 2020. Reference legislation that have subsequently be established are the will be made to the development of RenewableUK’s Renewables Obligation [3], which provides the UK’s renewable Energy Database. revenue support mechanisms for renewable energy, and This paper will also outline the major the Marine and Costal Access Bill [4], which will recommendations form RenewableUK’s response to develop a clearly defined system for planning and the UK Marine Energy Action Plan and how this licensing commercial activities within the UK’s could facilitate development. Particular attention renewable energy zone[5]. will be made to: The UK Government has also produced several key • How the secondary legislation arising from the documents within the past year. In 2009 the Marine and Coastal Access Bill will impact the Department of Energy and Climate Change published industry. the Renewable Energy Strategy [6] and the Department • The current status of the UK funding landscape for Business Innovation and Skills launched the Low and possible development pathways. -
William R. Spiegelberger the Foreign Policy Research Institute Thanks the Carnegie Corporation for Its Support of the Russia Political Economy Project
Russia Political Economy Project William R. Spiegelberger The Foreign Policy Research Institute thanks the Carnegie Corporation for its support of the Russia Political Economy Project. All rights reserved. Printed in the United States of America. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, or any information storage and retrieval system, without permission in writing from the publisher. Author: William R. Spiegelberger Eurasia Program Leadership Director: Chris Miller Deputy Director: Maia Otarashvili Edited by: Thomas J. Shattuck Designed by: Natalia Kopytnik © 2019 by the Foreign Policy Research Institute April 2019 COVER: Designed by Natalia Kopytnik. Photography: Oleg Deripaska (World Economic Forum); St. Basil’s Cathedral (Adob Stock); Ruble (Adobe Stock); Vladimir Putin (kremlin.ru); Rusal logo (rusal.ru); United States Capitol (Adobe Stock; Viktor Vekselberg (Aleshru/Wikimedia Commons); Alumnium rolls (Adobe Stock); Trade War (Adobe Stock). Our Mission The Foreign Policy Research Institute is dedicated to bringing the insights of scholarship to bear on the foreign policy and national security challenges facing the United States. It seeks to educate the public, teach teachers, train students, and offer ideas to advance U.S. national interests based on a nonpartisan, geopolitical perspective that illuminates contemporary international affairs through the lens of history, geography, and culture. Offering Ideas In an increasingly polarized world, we pride ourselves on our tradition of nonpartisan scholarship. We count among our ranks over 100 affiliated scholars located throughout the nation and the world who appear regularly in national and international media, testify on Capitol Hill, and are consulted by U.S. -
Global Energy Company Company SCALE TECHNOLOGY RESPONSIBILITY
Global Energy Global Energy Company Company SCALE TECHNOLOGY RESPONSIBILITY Rosneft is the Russian oil Rosneft is the champion Rosneft is the biggest taxpayer Annual report 2013 industry champion and the of qualitative modernization in the Russian Federation. world’s biggest public oil and innovative change in the Active participation in the Annual report 2013 and gas company by proved Russian oil and gas industry. social life of the regions hydrocarbon reserves Proprietary solutions to of operations. and production. improve oil and synthetic Creating optimal conditions Unique portfolio of upstream liquid fuel production for professional development assets. performance. and high standards of social Leading positions for oshore Establishing R&D centers security and healthcare for development. in a partnership with global the employees. Growing role in the Asia- leaders in technology Unprecedented program Pacific markets. development and application. for land remediation. ROSNEFT Scale Technology Annual report online: www.rosneft.ru Responsibility www.rosneft.com/attach/0/58/80/a_report_2013_eng.pdf OUR RECORD ACHIEVEMENTS 551 RUB BLN RECORD NET INCOME +51% Page 136 4,694 RUB BLN RECORD REVENUES +52% Page 136 85 4 ,873 RUB BLN KBOED RECORD DIVIDENDS RECORD HYDROCARBONS PAID IN 2013 PRODUCTION +80.3%* Page 124 Page 28 90.1 42.1 MLN TONS* BCM** RECORD OIL GAS PRODUCTION, REFINING VOLUMES RUSSIA’s third largesT References to Rosneft Oil Company, Rosneft, or GAS PRODUCER the Company are to either Rosneft Oil Company or Rosneft Oil Company, its subsidiaries and affil- +46% iates, as the context may require. References to * TNK-BP assets accounted for from the date TNK-BP, TNK-BP company are to TNK-BP Group. -
European Banks Financing Trade of Controversial Amazon Oil to the U.S
EUROPEAN BANKS FINANCING TRADE OF CONTROVERSIAL AMAZON OIL TO THE U.S. Aknowledgements About Stand.earth Research Group Copyright August 2020 Stand.earth Research Group (SRG) specializes in supply chain research and investigations, with an Primary Author emphasis on fossil fuels and deforestation-driver Angeline Robertson, Investigative Researcher, commodities. SRG is the leading supply chain research Stand.earth Research Group (SRG) firm in the world for advocacy organizations who want to understand how egregious environmental Contributors and/or social issues relate to these commodities and Tyson Miller, Alicia Guzman, Kevin Koenig, Moira Birss to the actions of companies, brands, and financial Editors institutions. Moira Birss, Tyson Miller, Ada Recinos, Elena Maria Teare About Stand.earth Reviewers Stand.earth is an international nonprofit environ- Lucie Pinson, Henrieke Butijn mental organization with offices in Canada and the Design United States that is known for its groundbreaking Erika Rathje research and successful corporate and citizens engagement campaigns to create new policies and industry standards in protecting forests, advocating Methodology the rights of Indigenous peoples, and protecting the climate. This research uses standard data analysis techniques, including formulas developed in-house by the About Amazon Watch Stand Research Group, to analyse data from the U.S. Energy Information Administration (EIA) in the U.S. Amazon Watch is a nonprofit organization founded Department of Energy and other publicly available in 1996 to protect the rainforest and advance the sources. EIA crude oil import data from 2009 – 2020 rights of indigenous peoples in the Amazon Basin. was cross-referenced with U.S. import vessel bill of We partner with indigenous and environmental lading data, EIA monthly landed cost data for Oriente organizations in campaigns for human rights, and Napo crude streams, Ecuadorian export vessel corporate accountability and the preservation bill of lading data, and UN Comtrade data. -
Governing the Arctic
Arctic Review on Law and Politics Peer-reviewed article Vol. 10, 2019, pp. 190–216 Governing the Arctic: The Russian State Commission for Arctic Development and the Forging of a New Domestic Arctic Policy Agenda Helge Blakkisrud Norwegian Institute of International Affairs (NUPI) Abstract After a period of relative neglect in the 1990s and early 2000s, the Arctic is back on the agenda of the Russian authorities. To ensure efficient coordination and implementation of its Arctic strategy, the government in 2015 established a State Commission for Arctic Development. It was to serve as a platform for coordinating the implementation of the government’s ambitious plans for the Arctic, for exchange of information among Arctic actors, and for ironing out interagency and interregional conflicts. Based on a case study of the State Commission for Arctic Devel- opment, this article has a twofold goal. First, it explores the current Russian domestic Arctic agenda, mapping key actors and priorities and examining the results achieved so far. Second, it discusses what this case study may tell us the about policy formulation and implementation in Russia today. We find that while the government’s renewed focus on the Arctic Zone has yielded some impressive results, the State Commission has been at best a mixed success. The case study demonstrates how, in the context of authoritarian modernization, the Russian government strug- gles to come up with effective and efficient institutions for Arctic governance. Moreover, the widespread image of a Russian governance model based on a strictly hierarchic “power vertical” must be modified. Russia’s Arctic policy agenda is characterized by infighting and bureaucratic obstructionism: even when Putin intervenes personally, achieving the desired goals can prove difficult.