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Jihadist Threats to the Energy Sector by Tim Pippard
PERSPECTIVES ON TERRORISM !! ! !"#$%&'()'*++$&', ‘Oil-Qaeda’: Jihadist Threats to the Energy Sector by Tim Pippard Abstract The West's and the Saudi's dependence on oil has made the energy sector a target for Al-Qaeda. The article discusses past and current threats to the energy sector and the motives, capabilities and limitations of Al-Qaeda in the Arab Peninsula and beyond. On March 24, 2010, the Interior Ministry of Saudi Arabia announced that it had arrested 113 Al- Qaeda operatives during the previous five months, all suspected of involvement in the planning of attacks on oil installations in the kingdom.[1] Just a week earlier on March 17, the Yemeni Interior Ministry announced that security measures had been bolstered around critical oil and gas installations and transportation routes to counter the threat of terrorist attacks under preparation by Al-Qaeda. [2] Both incidents serve as clear reminders that the launching of attacks on energy infrastructure – be it fixed installations (such as pipelines, refineries or storage tanks), the energy supply chain (ships and ports) or even electronic infrastructure (including cyber attacks likely to be directed at process control networks) – remains an attractive option for jihadist terrorists seeking to achieve maximum economic impact through either the disruption or cessation of production, or increases in international oil prices, transportation and insurance costs. That being said, some uncertainty continues to surround Al-Qaeda’s capacity and desire to target the energy industry in a coordinated fashion. This article will seek to resolve some of this ambiguity by examining three core issues: first, the underlying ideological and strategic basis for targeting the energy sector; second, the apparent gap between this strategic grounding and Al- Qaeda’s tactical and operational capabilities; and third, the more fundamental limiting factors that might currently preclude Al-Qaeda from launching a sustained and coherent campaign against energy targets, or even pursuing its broader pan-Islamic agenda and objectives. -
Annual Report 2007
INDONESIAN PETROLEUM ASSOCIATION 2007 ANNUAL REPORT THIRTY-SIXTH GENERAL MEETING DECEMBER 5th, 2007 TABLE OF CONTENTS SECTION DESCRIPTION 1 President’s Report 2 Treasurer’s Report 3 Communications Committee Report 4 Convention Committee Report 5 Data Management Committee Report 6 Downstream Committee Report 7 Environment & Safety Committee Report 8 Finance & Tax Committee Report 9 Human Resources Committee Report 10 Indonesian Crude Price (ICP) Committee Report 11 KRIS Committee Report 12 LNG & Gas Sales Committee Report 13 Professional Division Committee Report 14 Regulatory Affairs Committee Report 15 Security & Local Relations Committee Report 16 Service Companies Committee Report 17 University Assistance Committee Report 18 List of Companies & Associates SECTION 1 INDONESIAN PETROLEUM ASSOCIATION PRESIDENT’S REPORT - 2007 by Chris A. Prattini On behalf of IPA Board of Directors December 2007 www.ipa.or.id Page 1 of 16 CONTENTS PAGE INTRODUCTION 4 IPA MEMBERSHIP AND OBJECTIVES 5 IPA PERFORMANCE AGAINST OBJECTIVES 6 GENERAL COMMENTARY 9 IN CONCLUSION 11 Page 2 of 16 LIST OF FIGURES FIGURE 1 HISTORICAL OIL & CONDENSATE PRODUCTION FIGURE 2 LIQUIDS PRODUCTION VS COMSUMPTION FIGURE 3 HISTORICAL INDONESIA LICENSE AWARDS FIGURE 4 – 9 2007 IPA OBJECTIVES FIGURE 10 HISTORICAL COST RECOVERY Page 3 of 16 INDONESIAN PETROLEUM ASSOCIATION President’s Report for 2007 INTRODUCTION Throughout this year, much emphasis has been placed on the critical need to restore and sustain growth in oil and gas production volumes. Preliminary figures suggest that gas production will continue its historical growth trend with a forecasted 7% increase from 2006 and projections of sustained growth over the next 3 years. Gas reserves have also increased as a result of numerous discoveries in both producing and exploration PSCs. -
IHS Annual Report 2013
IHS Annual Report 2013 Letter to Shareholders Notice of 2014 Annual Stockholder Meeting Proxy Statement 2013 Form 10-K Annual Report Connecting customers to IHS solutions continues to drive growth and value Share Price at Fiscal Year End Revenue ($ millions) 120 +14% CAGR* 2000 +18% CAGR* 100 1500 80 60 1000 40 500 20 $1,326 $1,530 $1,841 $88.38 $92.14 $114.43 0 0 2011 2012 2013 2011 2012 2013 Adjusted EBITDA ($ millions) Free Cash Flow ($ millions) 600 +18% CAGR* 500 +19% CAGR* 500 400 400 300 300 200 200 100 100 $401 $485 $562 $288 $250 $405 0 0 2011 2012 2013 2011 2012 2013 “Adjusted EBITDA” and “Free Cash Flow” are non-GAAP financial measures intended to supplement our financial statements that are based on U.S. generally accepted accounting principles (GAAP). Definitions of our non-GAAP measures as well as reconciliations of comparable GAAP measures to non-GAAP measures are provided with the schedules to our quarterly earnings releases. Our most recent non-GAAP reconciliations were furnished as an exhibit to a Form 8-K on January 7, 2014, and are available at our website (www.ihs.com). *CAGR - Compound Annual Growth Rate Letter to Shareholders To the Shareholders and Colleagues of IHS IHS has a clear vision to be The Source for Critical Information and Insight that powers growth and value for our customers. We execute every day against a compelling mission to translate the value of IHS global information, expertise and knowledge to enable customer success and create customer delight on a daily basis. -
Partnership Program 2019
by Partnership Program 2019 Partnership Program 2019 • 1 History and Mission CERAWeek by IHS Markit is the premier annual gathering of the global energy community advancing new ideas, insight and dialogue on the global energy future. Participants include some 4,000 industry executives, thought leaders, and senior government officials. This year is the 38th anniversary of this influential event. Partnership at CERAWeek offers a high-value combination of distinctive visibility and branding, knowledge contribution, media support, delegation support, access to private meeting and peer-level communities, hosting and networking into a single tailored strategy that supports the Partner’s objectives. Partnership also extends the benefits of the CERAWeek experience throughout the year and across your organization, including senior relationship building and special programs such as the Future Leaders and Innovation Pioneers. CERAWeek provides a comprehensive and integrated framework for understanding what’s ahead for global energy, including markets; geopolitics; technology; costs; environmental policy; and the implications for strategy, industry structure, investment and leadership. It also is a platform for partners to meet and connect with peers from around the world. CERAWeek is comprised of several mutually reinforcing sessions across the spectrum of energy issues, designed to engage, share ideas and foster relationships. The centerpiece is the week- long Executive Conference featuring conference-wide Plenaries, Strategic Dialogues and Expert Briefings. These provide a comprehensive perspective on the changing energy landscape across all segments of the industry on a global and regional basis. Accompanying the Executive Conference are private partnership programs, including Leadership Circle communities — high-level gatherings designed to promote discussion and interaction among senior energy executives — as well as partner receptions, informal briefings and private dialogues. -
Oil and Gas in Indonesia Investment and Taxation Guide
Oil and Gas in Indonesia Investment and Taxation Guide September 2019, 10th Edition www.pwc.com/id This page and cover photo courtesy of: PT Medco Energi Internasional Tbk. DISCLAIMER: This publication has been prepared for general guidance on matters of interest only, and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication and, to the extent permitted by law, KAP Tanudiredja, Wibisana, Rintis & Rekan, PT Prima Wahana Caraka, PT PricewaterhouseCoopers Indonesia Advisory, PT PricewaterhouseCoopers Consulting Indonesia, and Melli Darsa & Co., Advocates & Legal Consultants, its members, employees, and agents do not accept or assume any liability, responsibility, or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance upon the information contained in this publication or for any decision based on it. Regulatory information is current to 31 July 2019. 1 Contents Glossary 4 Foreword 10 1 Industry Overview 12 2 Regulatory Framework 24 3 (Conventional) Upstream Sector 40 106 4 Gross Split PSCs 5 Downstream Sector 118 Service Providers 6 to the Upstream Sector 136 Appendices 142 About PwC | PwC Oil & Gas Contacts Insertion - Indonesian Oil & Gas Concessions and Major Infrastructure Map 147 Glossary Term Definition AFE Authorisation for Expenditure APBN Anggaran -
Image and Showing Martabat Manusia
2019 Laporan Berkelanjutan Sustainability Report Memperkuat Peran Pembangunan Berkelanjutan Strengthening Our Role in Sustainable Development PT Badak NGL Memperkuat Peran Pembangunan Berkelanjutan PT Badak NGL merupakan salah satu penggerak utama pembangunan Kota Bontang. Sejak awal beroperasi menghasilkan LNG pada tahun 1977, PT Badak NGL sudah menunjukkan kontribusi signifikan di kawasan Bontang yang awalnya adalah sebuah perkampungan kecil hingga pada tahun 1999 beralih menjadi kota administratif yang maju di Kalimantan Timur. Secara organisasi, PT Badak NGL memiliki keunikan tersendiri yaitu sebagai perusahaan yang tidak memiliki orientasi memperoleh laba sebagaimana perusahaan pada umumnya. PT Badak NGL bertugas menjadi operator kilang LNG yang seluruh asetnya merupakan milik Pemerintah Republik Indonesia. Oleh karena itu, PT Badak NGL hadir di Kota Bontang sejak awal berdiri mengemban misi memproduksi energi bersih dan menghasilkan manfaat sebesar mungkin bagi para pemangku kepentingannya. Dalam mengemban misi tersebut, PT Badak NGL terus berinovasi sehingga menjadi perusahaan energi kelas dunia seperti saat ini. Perusahaan mengedepankan tata kelola yang baik dan benar, proses produksi yang aman dan andal, pelestarian lingkungan hidup, kesejahteraan masyarakat sekitar, dan lingkungan kerja yang baik dalam kerangka pembangunan berkelanjutan. PT Badak NGL terus mempertahankan komitmen untuk tetap tumbuh dan memperkuat pembangunan berkelanjutan melalui berbagai inisiatif dan inovasi. Kami percaya, PT Badak NGL mampu beroperasi selama -
GIIGNL Annual Report Profile
The LNG industry GIIGNL Annual Report Profile Acknowledgements Profile We wish to thank all member companies for their contribution to the report and the GIIGNL is a non-profit organisation whose objective following international experts for their is to promote the development of activities related to comments and suggestions: LNG: purchasing, importing, processing, transportation, • Cybele Henriquez – Cheniere Energy handling, regasification and its various uses. • Najla Jamoussi – Cheniere Energy • Callum Bennett – Clarksons The Group constitutes a forum for exchange of • Laurent Hamou – Elengy information and experience among its 88 members in • Jacques Rottenberg – Elengy order to enhance the safety, reliability, efficiency and • María Ángeles de Vicente – Enagás sustainability of LNG import activities and in particular • Paul-Emmanuel Decroës – Engie the operation of LNG import terminals. • Oliver Simpson – Excelerate Energy • Andy Flower – Flower LNG • Magnus Koren – Höegh LNG • Mariana Ortiz – Naturgy Energy Group • Birthe van Vliet – Shell • Mika Iseki – Tokyo Gas • Yohei Hukins – Tokyo Gas • Donna DeWick – Total • Emmanuelle Viton – Total • Xinyi Zhang – Total © GIIGNL - International Group of Liquefied Natural Gas Importers All data and maps provided in this publication are for information purposes and shall be treated as indicative only. Under no circumstances shall they be regarded as data or maps intended for commercial use. Reproduction of the contents of this publication in any manner whatsoever is prohibited without prior -
2021 Ceraweek Executive Conference Speakers-At-A-Glance
2021 CERAWeek Executive Conference Speakers-at-a-Glance Ministers and Government Officials Iván Duque Márquez, President, Republic of Colombia John F. Kerry, Special Presidential Envoy for Climate, United States Joe Manchin, Senator, West Virginia, U.S. Senate Energy & Natural Resources Committee Daniel Sullivan, United States Senator, Alaska Gina McCarthy, National Climate Advisor, The White House Kathy Castor, United States Representative, 14th Congressional District, Florida Mohammad Barkindo, Secretary General, OPEC Shri Dharmendra Pradhan, Minister of Petroleum & Natural Gas and Minister of Steel, Government of India Seamus O’Regan, Jr., Minister of Natural Resources, Canada Kadri Simson, Commissioner for Energy, European Commission Angus Taylor, Minister for Energy & Emissions Reduction, Australia Suhail Mohamed Al Mazrouei, Minister of Energy & Industry UAE Dr. Yuval Steinitz, Minister of Energy, Israel Minister Tarek El Molla, Minister of Petroleum & Mineral Resources, Egypt Tina Bru, Minister of Petroleum & Energy, Norway Shin Hosaka, Commissioner, Agency for Natural Resources & Energy, Ministry of Economy, Trade and Industry (METI) Arifin Tasrif, Minister of Energy & Mineral Resources, Indonesia René Ortíz Durán, Minister of Energy & Renewable Natural Resources, Ecuador Udaya Gammanpila, Minister of Energy, Sri Lanka Commissioner Richard Glick, Chairman, Federal Regulatory Commission (FERC) Jóse Armando Zamora Reyes, President, National Hydrocarbons Agency (ANH) Décio Oddone, Chief Executive Officer of O&G Independent, Enauta -
Ceraweek 2019 in Review New World of Rivalries: Reshaping the Energy Future
by CERAWeek 2019 in Review New World of Rivalries: Reshaping the energy future 38th Executive Conference 11–15 March 2019 | Houston, Texas CERAWeek.com David Farr, Chairman & CEO, Emerson Hon. Michael Pompeo, Secretary of State, United States of America Tan Sri Wan Zulkiflee, President & Group CEO, PETRONAS H.E. Suhail Mohamed Al Mazrouei, Eldar Saetre, President & CEO, Equinor ASA Andrew Jassy, CEO, Minister of Energy & Industry, UAE Amazon Web Services Bob Dudley, Group Chief Executive, BP plc Vicki Hollub, President & CEO, Occidental Petroleum Corporation Hon. Rick Perry, Secretary of Energy, United States of America Michael Wirth, Chairman & CEO, Jason Zander, EVP, Microsoft Azure, Andrew Wheeler, Administrator, Chevron Corporation Microsoft Corporation U.S. Environmental Protection Agency CERAWeek 2019 in Review • 1 William Clay Ford Jr., Executive Chairman, Ford Motor Company Dr. Fatih Birol, Executive Director, Hon. Lisa Murkowski, U.S. Senator (Alaska) & Chairman, U.S. Senate Energy & Natural International Energy Agency Resources Committee Hon. Amarjeet Sohi, Minister of Natural Resources, EldarJoe Kaeser, Saetre, PresidentPresident & & CEO, CEO, Equinor Siemens ASA AG Canada CERAWeek 2019 in Review • 2 Contents CERAWeek 2019 .................................................................5 Opening Day Plenaries ...........................................................6 Oil & Gas Plenaries ............................................................. 18 Natural Gas & Global Energy Plenaries ...........................................32 -
Ceraweek 2019 in Review New World of Rivalries: Reshaping the Energy Future
by CERAWeek 2019 in Review New World of Rivalries: Reshaping the energy future 38th Executive Conference 11–15 March 2019 | Houston, Texas CERAWeek.com David Farr, Chairman & CEO, Emerson Hon. Michael Pompeo, Secretary of State, United States of America Tan Sri Wan Zulkiflee, President & Group CEO, PETRONAS H.E. Suhail Mohamed Al Mazrouei, Eldar Saetre, President & CEO, Equinor ASA Andrew Jassy, CEO, Minister of Energy & Industry, UAE Amazon Web Services Bob Dudley, Group Chief Executive, BP plc Vicki Hollub, President & CEO, Occidental Petroleum Corporation Hon. Rick Perry, Secretary of Energy, United States of America Michael Wirth, Chairman & CEO, Jason Zander, EVP, Microsoft Azure, Andrew Wheeler, Administrator, Chevron Corporation Microsoft Corporation U.S. Environmental Protection Agency CERAWeek 2019 in Review • 1 William Clay Ford Jr., Executive Chairman, Ford Motor Company Dr. Fatih Birol, Executive Director, Hon. Lisa Murkowski, U.S. Senator (Alaska) & Chairman, U.S. Senate Energy & Natural International Energy Agency Resources Committee Hon. Amarjeet Sohi, Minister of Natural Resources, EldarJoe Kaeser, Saetre, PresidentPresident & & CEO, CEO, Equinor Siemens ASA AG Canada CERAWeek 2019 in Review • 2 Contents CERAWeek 2019 .................................................................5 Opening Day Plenaries ...........................................................6 Oil & Gas Plenaries ............................................................. 18 Natural Gas & Global Energy Plenaries ...........................................32 -
View Annual Report
kl ANNUAL REPORT 2017 ZLetter to Shareholders Z2017 Annual Report on Form 10-K Letter to Shareholders Dear Fellow Shareholders: IHS Markit enjoyed a successful 2017. We are proud of our accomplishments as we completed our first full fiscal year as a merged company, delivered strong financial results and successfully transitioned the Chairman and CEO role. We look forward to even greater things to come in the year ahead. IHS Markit is a global information powerhouse with unrivalled information, analytics and talent. We have leading positions in the Energy, Financial Services, Technology, and Transportation industries, among others, and we have deep, senior and strategic relationships with our corporate, government and financial services customers. IHS Markit is well positioned with strong financial attributes, including 83% recurring revenues in 2017, a diversified revenue base, significant operating leverage with increasing margin and profitability, and substantial free cash flow. The strategic and financial benefits from the merger were clear in 2017. We realized cost synergies above our target, which afforded us the opportunity to begin incrementally investing in our technology, products, customers and people. We also ended 2017 with growing revenue synergy momentum, which will serve us well in the years ahead. Finally, we returned $1.4 billion of capital to shareholders through share repurchases. Business Highlights In 2017, we made solid progress across our businesses and delivered strong financial results. Some of our business highlights include: • Within Transportation, we had another strong year, driven by our Auto business. The new auto supply chain portion of our business continued to expand product offerings, leading to robust growth in areas including supply chain forecasting, vehicle emissions analytics, digital marketing, and recall services. -
Evolution of Asset Management at Badak LNG Plant
EVOLUTION OF “ASSET MANAGEMENT” AT BADAK LNG PLANT, BONTANG, INDONESIA Kartoyo PCP Reliability Engineering Group PT Badak NGL Bontang Indonesia 1. INTRODUCTION PT Badak NGL operates a LNG plant in Bontang - East Kalimantan, which has the highest LNG production capacity in the world. The company, a joint venture between the Indonesian Government (Pertamina), TOTALFINAELF Indonesie, VICO Indonesia and Jilco, started with two process Trains A and B in 1977. Since that time, major plant expansion projects have added 6 more trains in line with the PT Badak Master Plan. Currently, the total LNG production capacity of the eight process Trains (A, B, C, D, E, F, G and H) is 22.5 MTPA or 49.6 million m3 per year. This maximum annual capacity is based on a condition that all process trains always operate at their current Maximum Sustainable Rate (MSR) in the entire year. The more reliable the plant and the feed gas supply, the closer the actual annual capacity approaches to this maximum annual capacity. To systematically maintain the high actual annual capacity, PT Badak formed the Reliability Improvement Team (RIT) in 1996 that was replaced with the fully dedicated Reliability Engineering Group (REG) in 1999. The function of the reliability team is to assess plant reliability, identify top reliability issues, monitor action programs required to address each issue and evaluate the results. 2. AVAILABILITY AND RELIABILITY CONCEPT General definitions for production capacity, production losses, plant availability, etc. are defined in the table below and illustrated in Figure 2.1: Maximum sustainable rate : The official individual Train LNG production rate in M³/hr as used in the annual production forecast Annual maximum capacity : Maximum sustainable rate (MSR) x actual total hours in the entire year Technical maximum capacity : Annual capacity after deduction of schedule down time.