2014 / 2 Mol Group Scientific Magazine 2014 / 2

Total Page:16

File Type:pdf, Size:1020Kb

2014 / 2 Mol Group Scientific Magazine 2014 / 2 MOL GROUP SCIENTIFIC MAGAZINE 2014 / 2 MOL GROUP SCIENTIFIC MAGAZINE 2014 / 2 › Messages from WPC21, Moscow › Regional booking platform for allocating natural gas transmission system capacities › Design divided wall columns for more energy-efficient distillation › MOL enters butadiene value chain 4 Introduction On the front page: Construction of Butadiene extraction unit at TVK Chairman of the Editorial Board: József Molnár Editorial Board: Adam Beck, PhD; László Boda; Zsolt Csattos; Jenő Hancsók, Dr. habil., Prof.; Gyöngyi Janky; Pál Kapusy; Gábor Kis, PhD; Lajos Kisdeák; Andrea Kiss; Márta Krámer, Dr.; László Lázár; Zsolt Molnár; László Rácz, Dr.; Örs Ringhoffer; Gabriella Szalmás, Dr.; Artur Thernesz Editor-in-chief: László Rácz, Dr. Published by MOL Group Corporate Communications ISSN 2060-338X Scientific Magazine 3 INTRODUCTION MOL Group Scientific Magazine is a publication we can be proud of. It is rich in content, has high professional standard and attractive design. For the profitability of the work and knowledge in each article it is important to get the published articles in the Magazine to be widely read by MOL Group colleagues, above all to all those professionals and organisational units who are affected by the content of the articles. I strongly believe that this publication is an important channel of sharing knowledge within MOL Group. As such it is a source of important new values. In the following period of MOL Scientific Magazine I expect proactivity, deep and high standard research and analysing work of my colleagues. I also count on the professional support of my leader partners and on the motivation and recognition of the professional writing of my colleagues. I count on the interest and feedback of our readers, encouraging DEAR READERS thinking together in the mutually important This has been the seventh year for MOL Group topics. Scientific Magazine to be published in a new form, both in content and in design. In the last period the Magazine went through a continuous development. After a transition period English language is utilised thoroughly, expressing our company’s international quality and making the reading of the József Molnár articles possible to all of the interested employees Chairman of the Editorial Board of MOL Group. According to the intentions of the editors, the content of the articles became more diversified, covering all of our company’s business and functional activity, along with the activities of the different subsidiaries. It is good to see that the number of authors is increased and we are able to read more articles from the professionals of the younger generation as well. Besides the electronic form, which is good for a wide reach of people within MOL Group and outside as well, we have reserved the printed edition of the Magazine in a limited number. 4 Messages from WPC21, Moscow MESSAGES FROM THE ‘OLYMPICS OF THE OIL INDUSTRy’1 ON THE WORLD PETROLEUM COUNCIL countries. This is a basic forum where WPC (World Petroleum Council) is a decisive participants discuss questions concerning forum of global oil and gas industry. This global oil and gas industry. international organisation with seat in London, at this time counts with 69 member countries, In 2014 World Petroleum Council held its 21st representing 95% of global oil and gas production congress in Moscow, between 15th and 19th and consumption. WPC membership is unique of June, where more than 5 000 participants in its kind, OPEC and non-OPEC countries are including 30 ministers and 400 CEOs and its members representing both national and organisation heads from 119 countries dealt independent oil corporations. with the responsible energy supply for the growing world economy. In order to meet World Petroleum Council was formed in 1933 future demands in a sustainable and socially with the main purpose to facilitate sustainable responsible way, huge investments, high supply of oil, gas and other energy sources and tech production methods, skilled labour their efficient use to the benefit of the public. and business practices able to meet the highest ethical standards are needed. To this WPC membership can be requested through coordinated cooperation of the producers, forming a national committee representing consumers and governments is essential in the decisive majority of oil and gas industry of the energy market. The Moscow meeting the given country by its members. Beside oil was designed to promote this. In 2017, companies, universities, research institutions WPC22 will be held in Istanbul, Turkey. and government agencies are also involved in the national committees. There are more reasons why WPC21 conference was a success for MOL Group. World Petroleum Council is a strongly First, the world organisation elected József professional organisation serving its founders’ Tóth, Dr., former officer of the company as goals through forwarding dialogues between president of the Executive Committee for the parties. The first public appearance of OPEC next three years (an interview with professor and IEA (International Energy Agency) and the Tóth will be presented). Secondly, for his presentation of their positions at the World nine-year participation in the Programme Petroleum Congress held in Calgary, in 2000, Committee, professor István Bérczi received serve as an example for the above. WPC’s ‘Outstanding Achievement’ award (see laudation on page 148). Additionally, A WPC congress is organised in every three two MOL Group officials became elected years, hosted always by one of the member committee members for the period of 1 These articles are based on a related report published in the September, 2014 issue of Hungarian ’MOL Panoráma’, by permission of the ’MOL Panoráma’ Publisher. The Editorial Board wants to thank the Publisher for the permission. The Board also like to thank Messrs. József Molnár, Sándor Fasimon, Szabolcs Ferencz I, Béla Kelemen, Dr., Ms. Adriana Petrović, PhD, Ms. Judit Tóth, PhD, and Mr. Marcell Lux for their contributions to these articles. Scientific Magazine 5 2014−2017: Mr. György Palásthy in Congress of all in the USA and Canada, where further Programme Committee and Mr. Csaba Zsótér significant development is to come in this in Youth Committee. area. The abundant and relatively cheap unconventional natural gas and oil is an MAIN TRENDS IN THE OIL INDUSTRY important driver of economic growth in these two countries and is also an important factor A GLOBAL OVERVIEW for the competitiveness of industry. Long-term sustainability of world's oil and gas economy (“Responsibly Professionals expect that close to a major energising a growing world”, “An enhanced portion of the world's conventional understanding and image of the oil and hydrocarbon reserves also unconventional gas sector’s contribution to sustainable deposits are present. These could be utilised development”) was the central topic of the if the following conditions are met: 1) the 21st World Petroleum Congress (WPC). The presence of drilling and fracturing capabilities presentations and subsequent discussions needed to carry out the exploration, 2) primarily were about the ways the industry logistics infrastructure necessary to collect can respond to the challenges ahead. and transport the produced oil and gas volumes, 3) society’s concerns regarding World energy demand is increasing primarily these activities are overcome. in non-OECD regions – in the developing countries – thanks to which in 25 years According to industry estimates, about 20% the global consumption will grow by 30% of yet undiscovered hydrocarbon reserves of compared to the 2010 level. The volume of world are expected to come from the deep- growth will be higher than the current total sea deposits. The amount of produced oil energy consumption of Russia, India, Africa, and gas from these sources, increasing to a Latin America, and the Middle East. Fossil level two and a half times higher than that of fuels will still be dominant – about 75% – in 2010, will yield over 12% of the total output, meeting the needs. The ‘new energy’ – the by 2040. majority of which will be wind and solar energy – will increase its share of 1% in 2010 The expected strong growth of the to 6% by 2035. unconventional and deepwater oil and gas exploration and production will change the Leading representatives of the oil and gas present main export and import routes in industry were generally optimistic about the the world. These sources will also represent future. The world's hydrocarbon reserves significant export opportunities for the USA, are abundant, but an innovative approach Canada, Brazil, Mexico as well as for some and a paradigm shift are required to their other countries, thereby restricting OPEC’s exploitation. We have to abandon the long- and Russia's long-standing dominant role in prevailing view that sites to be discovered the world's oil supply. Primarily due to the in the future are delivering smaller amounts rich gas reserves the USA, by 2018 surpassing of stocks, and that exploitation is becoming Russia, will be the world's number one less profitable. In addition, existing oil and producer of natural gas, and will become a gas fields also have significant quantities net exporter before 2020. As a result, the recoverable with new technologies. The world's geopolitical exposure in oil and gas presenters stressed that in order to meet the transport will get reduced, and the market world's growing energy needs, oil and gas as a whole will become more stable. research activity should concentrate on new areas such as the Arctic and deep sea areas, With the growth of proportion of LNG as well as other unconventional sites. Latter (liquefied natural gas) supplies, the world type activities are currently in course first natural gas market will be increasingly 6 Messages from WPC21, Moscow global. An important condition for this is capacity utilisation of the (currently) working ‘cost controlling’. The natural gas imports refineries has been significantly reduced.
Recommended publications
  • MOL Hungarian Oil and Gas Public Limited Company EUR 750,000,000 2.625 Per Cent
    MOL Hungarian Oil and Gas Public Limited Company EUR 750,000,000 2.625 per cent. Notes due 2023 Issue Price: 99.214 per cent. The EUR 750,000,000 2.625 per cent. Notes due 2023 (the Notes) are issued by MOL Hungarian Oil and Gas Public Limited Company (the Issuer or MOL). Unless previously redeemed or cancelled, the Notes will be redeemed at their principal amount on 28 April 2023 (the Maturity Date). The Notes will bear interest from and including 28 April 2016 (the Issue Date) at the rate of 2.625 per cent. per annum. Interest on the Notes will be payable annually in arrear on 28 April in each year, commencing on 28 April 2017 . Payments on the Notes will be made in euro. The Issuer may, at its option, redeem all, but not some only, of the Notes at any time at par plus accrued interest, in the event of certain tax changes as described under Condition 7.2 (Redemption for Taxation Reasons). A holder of Notes may, upon the occurrence of a Change of Control as described in Condition 7.3 (Redemption at the option of the Noteholders), require the Issuer to redeem the Notes at par plus accrued interest. The Notes mature on 28 April 2023. This prospectus (the Prospectus) has been approved by the Central Bank of Ireland, as competent authority under Directive 2003/71/EC (which includes the amendments made by Directive 2010/73/EU) (the Prospectus Directive). Such approval relates only to Notes which are to be admitted to trading on a regulated market for the purposes of Directive 2004/39/EC and/or which are to be offered to the public in any Member State of the European Economic Area.
    [Show full text]
  • Stratigraphy of the Upper Carboniferous Schooner Formation, Southern North Sea: Chemostratigraphy, Mineralogy, Palynology and Sm–Nd Isotope Analysis
    Stratigraphy of the Upper Carboniferous Schooner Formation, southern North Sea: chemostratigraphy, mineralogy, palynology and Sm–Nd isotope analysis T. J. Pearce,1 D. McLean,2 D. Wray,3 D. K. Wright,4 C. J. Jeans,5 E. W. Mearns6 1, 4: Chemostrat Ltd, Units 3 & 4, Llanfyllin Enterprise Park, Llanfyllin, Powys, SY22 5DD 2: Palynology Research Facility, Department of Animal and Plant Sciences, Western Bank, Sheffield, S10 2TN 3: Department of Earth Sciences, University of Greenwich, Chatham Maritime, Kent, ME4 4TB 5: Department of Earth Sciences, Cambridge University, Downing Street, Cambridge, CB2 3EQ 6: Isotopic Ltd, Craigiebuckler House, Macaulay Drive, Aberdeen, AB15 8QH Summary The continental, predominantly redbed sequences of the Upper Carboniferous Schooner Formation (“Barren Red Measures”) from the southern North Sea represent a significant gas reservoir, but, as they are largely devoid of microfossils, interwell corre- lations are difficult. The stratigraphy of the formation is re-evaluated by applying a multidisciplinary approach, which includes chemostratigraphy, mineralogy, palynology, Sm–Nd isotopes, petrophysics and sedimentology, to well 44/21-3, as it has encountered a thick, relatively complete section through the Schooner Formation. The formation is divided into three chemo- stratigraphical units (S1, S2 and S3) and eleven sub-units on the basis of variations in the mudstone and sandstone data, these variations being linked to changes in provenance, depositional environment and climate. The chemostratigraphical zonation is compared with the biostratigraphical zonation of the same section – heavy-mineral data confirm the sediment source, and Sm– Nd isotope data provide a provenance age for the well 44/21-3 interval. The correlation potential of the new stratigraphical frame- work is tested on several scales, using data acquired from other southern North Sea wells and from Upper Carboniferous strata of the English Midlands.
    [Show full text]
  • The Southern Gas Corridor
    Energy July 2013 THE SOUTHERN GAS CORRIDOR The recent decision of The State Oil Company of The EU Energy Security and Solidarity Action Plan the Azerbaijan Republic (SOCAR) and its consortium identified the development of a Southern Gas partners to transport the Shah Deniz gas through Corridor to supply Europe with gas from Caspian Southern Europe via the Trans Adriatic Pipeline (TAP) and Middle Eastern sources as one of the EU’s is a key milestone in the creation of the Southern “highest energy securities priorities”. Azerbaijan, Gas Corridor. Turkmenistan, Iraq and Mashreq countries (as well as in the longer term, when political conditions This Briefing examines the origins, aims and permit, Uzbekistan and Iran) were identified development of the Southern Gas Corridor, including as partners which the EU would work with to the competing proposals to deliver gas through it. secure commitments for the supply of gas and the construction of the pipelines necessary for its Background development. It was clear from the Action Plan that the EU wanted increased independence from In 2007, driven by political incidents in gas supplier Russia. The EU Commission President José Manuel and transit countries, and the dependence by some Barroso stated that the EU needs “a collective EU Member States on a single gas supplier, the approach to key infrastructure to diversify our European Council agreed a new EU energy and energy supply – pipelines in particular. Today eight environment policy. The policy established a political Member States are reliant on just one supplier for agenda to achieve the Community’s core energy 100% of their gas needs – this is a problem we must objectives of sustainability, competitiveness and address”.
    [Show full text]
  • Annual Report 2010
    ANNUAL REPORT 2010 Annual Creportontent 2010 s 1 2 Key performance indicators 92 board of directors and management board 4 message to shareholders 92 Governing bodies structure of JsC Gazprom Neft 9 highlights 93 Membership of the Board of Directors 100 Membership of the Management Board 12 development strategy 105 Total compensation for members of Board 18 Company history of Directors and Management Board 20 Company structure 22 Geography of operations 106 environment and innovations 26 Competitive state of the company 106 Environmental protection and safety 114 Innovation activity 31 company Key performance indicators by type of operation 119 energy and energy saving in 2010 31 Oil and gas exploration and production 122 social responsibility 41 Oil refining and regional policy 45 Production of petroleum products 122 Personnel, occupational safety, and health 46 Sales of petroleum products management 48 Premium business segments 127 Social responsibility in areas of operations 52 Export of crude oil and petroleum products 129 to shareholders and investors 54 analysis of the company’s 129 Authorised capital shareholder capital financial results of activity structure by the management 130 Share market and capitalisation 54 Definitions and recalculation methodology 132 Participation in the Depositary Receipt 54 Forecast statements Program 55 Key performance indicators for 2008–2010 134 Dividend history 56 Key financial and performance indicators 135 Observing the Corporate Code of Conduct 57 Result of activities for 2010 compared to 2009 138 asset management and 57 Production segments corporate structure 58 Changes in structure of the group 60 Performance indicators and analysis 140 credit ratings and debt portfolio 66 Results of activities management 76 Financial appendices 140 Credit rating 77 Financial indicators 141 Debt obligations 78 Additional information 142 glossary of Key terms 84 investment program and definitions 86 Key risK factors 145 appendix.
    [Show full text]
  • Quarterly Report for First Quarter of 2021
    Квартални извештај за први квартал 2021. године QUARTERLY REPORT FOR FIRST QUARTER OF 2021 1 NIS Group The Quarterly Report for First Quarter of 2021 presents a factual overview of NIS Group’s activities, development and performance in first three months of 2020. The Report covers and presents data for NIS Group, comprising NIS j.s.c. Novi Sad and its subsidiaries. If the data pertain only to certain individual subsidiaries or only NIS j.s.c. Novi Sad, it is so noted in the Report. The terms: ‘NIS j.s.c. Novi Sad’ and ‘the Company’ denote the parent company NIS j.s.c. Novi Sad, whereas the terms ‘NIS’ and ‘NIS Group’ pertain to NIS j.s.c. Novi Sad with its subsidiaries. The Quarterly Report for first quarter of 2021 is compiled in Serbian, English and Russian. In case of any discrepancy, the Serbian version shall be given precedence. The Quarterly Report for First Quarter of 2021 is also available online on the corporate website. For any additional information on NIS Group, visit the corporate website www.nis.eu. 2 Quarterly Report For First Quarter Of 2021 Contents Contents .........................................................................................................................................3 Foreword ........................................................................................................................................4 Business report ........................................................................................................................................ 6 Highlights ........................................................................................................................................6
    [Show full text]
  • Amarinth's New Export Sales Manager Secures
    FOR IMMEDIATE RELEASE – 26 November 2013 Amarinth increases its foothold in the Norwegian oil and gas sector with multiple pump orders from Statoil Amarinth, a leading company specialising in the design, application and manufacture of centrifugal pumps and associated equipment to the Oil & Gas, petrochemical, chemical and industrial markets, has secured three new orders this year from Statoil, the leading operator on the Norwegian continental shelf in the North Sea. Working closely with Axflow, the largest distributor of positive displacement pumps in Europe, Amarinth followed an initial order from Statoil that was successfully completed earlier in the year with a second order to supply pumps for use in the Oseberg oil field on a very tight 24 week delivery. Amarinth then quickly secured a third order from Statoil to supply close coupled motor pumps in 316 stainless steel with API 682 seal support systems for use in the Gullfaks field, this time on a challenging 30 week delivery. Statoil requires its suppliers to follow strict processes and manage their supply chain stringently. This includes compliance with Norsok M650 which establishes a set of qualification requirements to verify that the manufacturer has sufficient competence and experience of the relevant material grades and necessary facilities and equipment to manufacture to the required shapes and sizes with acceptable properties. The foundries used to manufacture the castings also have to be approved by Statoil. – MORE – Amarinth increases its foothold in the Norwegian oil and gas sector Page 2 of 4 Alex Brigginshaw Tel: +44 (0)1394 462131 Phil Harland Tel: +44 (0)118 971 3790 Amarinth has established close working relationships with its own supply chain and had already ensured that all of the foundries used by the company in the UK are approved by Statoil.
    [Show full text]
  • Turkish Petroleum Corp. and Cooperations with Nocs and Iocs
    NOC-IOC Forum Enhancing Global Energy Security through Cooperation and Partnership 30-31 March, 2009 - Kuwait Turkish Petroleum Corp. and Cooperations with NOCs and IOCs Mehmet UYSAL President & CEO TPAO TPAO: Turkish National Oil Company since 1954 • Reserve: ~ 1 billion boe • 2P Reserve: ~ 9 billion boe • Current Production: ~ 80.000 boe/d • E&P experience over 50 years • Recent Offshore Discoveries • Intense Deep Offshore Exploration Activities • Focus: Middle East, North Africa,Caspian Region and South America • Target: E&P Growth, Transportation & Retail Expansion • Current Cash Flow: $ 2,2 billion • 5 year E&P Investments (2004-08): $ 3.54 billion Energy Corridor and CEYHAN Ceyhan OIL GAS LNG Ceyhan Energy Hub BLUENABUCCOBTCSAMSUNTURKMENISTANWESTERNTURKEYIRANKERKTURKEY PIPELINE USTREAM–K ISTURKEY- -–GREECE INCEYHAN PIPELINECEYHAN BETWEEN - 1 PIPELINE-– ITALY THEPIPELINEPIPELINE IRANPIPELINE PRODUCERS INTERCONNECTORPIPELINE AND CONSUMERS, SCP PIPELINE BLUEARAPIRAQLNG (NIGERIA STREAM–GASTURKEYTHEREFORE PIPELINE -2ALGERIA) PROJECT PIPELINE IT IS A NATURAL BRIDGE. Bottlenecks of transportation : 1 Million b/d 3 Million b/d 17 Million b/d 1 Million b/d 12 Million b/d 4 Million b/d 3 Million b/d 6,5 – 7 Million barrel of oil will be marketed via Turkey. NOC’s and IOC’s Oil & Gas Reserves and Daily Productions Oil Reserves Oil Production Billion Barrel EI TOP 100 : 1.059,4 (%86) World Reserve: 1.237,9 2008- EI TOP 100 COMPANIES Natural Gas Reserves Natural Gas Production Tcm EI TOP 100 : 120 (%68) World Reserve: 177,4 Source: BP Statistical Review 2008 , EI Top 100 Companies (2008) Cooperations in BLACK SEA PETROBRAS %50 TPAO %50 Exploration Blocks EXXONMOBIL %50 TPAO %50 Exploration Blocks TPAO %13,5 Expl.
    [Show full text]
  • Low-Volume Roads Subscriber Categories Chairman
    TRANSPORTATION RESEARCH RECORD No. 1426 Highway and Facility Design; Bridges, Other Structures, and Hydraulics and Hydrology Lo-w-Volutne Roads: Environtnental Planning and Assesstnent, Modern Titnber Bridges, and Other Issues A peer-reviewed publication of the Transportation Research Board TRANSPORTATION RESEARCH BOARD NATIONAL RESEARCH COUNCIL NATI ONAL ACADEMY PRESS WASHINGTON, D.C. 1993 Transportation Research Record 1426 Sponsorship of Transportation Research Record 1426 ISSN 0361-1981 ISBN 0-309-05573-3 GROUP 5-INTERGROUP RESOURCES AND ISSUES Price: $25. 00 Chairman: Patricia F. Waller, University of Michigan Committee on Low-Volume Roads Subscriber Categories Chairman:. Ronald W. Eck, West Virginia University IIA highway and facility design Abdullah Al-Mogbel, Gerald T. Coghlan, Santiago Corra UC bridges, other structures, and hydraulics and hydrology Caballero, Asif Faiz, Gerald E. Fisher, Richard B. Geiger, Jacob Greenstein, George M. Hammitt II, Henry Hide, Stuart W. TRB Publications Staff Hudson, Kay H. Hymas, Lynne H. Irwin, Thomas E. Mulinazzi, Director of Reports and Editorial Services: Nancy A. Ackerman Andrzej S. Nowak, Neville A. Parker, James B. Pickett, George B. Associate Editor/Supervisor: Luanne Crayton Pilkington II, James L. Pline, Jean Reichert, Richard Robinson, Associate Editors: Naomi Kassabian, Alison G. Tobias Bob L. Smith, Walter J. Tennant, Jr., Alex T. Visser, Michael C. Assistant Editors: Susan E. G. Brown, Norman Solomon Wagner Office Manager: Phyllis D. Barber Senior Production Assistant: Betty L. Hawkins G. P .. Jayaprakash, Transportation Research Board staff The organizational units, officers, and members are as of December 31, 1992. Printed in the United States of America Transportation Research Record 1426 Contents Foreword v Part 1-Environmental Planning and Assessment Environmental Impact Assessment and Evaluation of Low-Volume 3 Roads in Finland Anders H.
    [Show full text]
  • Iran Sanctions
    Iran Sanctions Kenneth Katzman Specialist in Middle Eastern Affairs July 9, 2009 Congressional Research Service 7-5700 www.crs.gov RS20871 CRS Report for Congress Prepared for Members and Committees of Congress The Iran Sanctions Act (ISA) Summary Iran is subject to a wide range of U.S. sanctions, restricting trade with, investment, and U.S. foreign aid to Iran, and requiring the United States to vote against international lending to Iran. Several laws and Executive Orders extend sanctions to foreign companies that do business with Iran, as part of an effort to persuade foreign firms to choose between the Iranian market and the much larger U.S. market. A formal U.S. effort to curb international energy investment in Iran began in 1996 with the Iran Sanctions Act (ISA). No firms have been sanctioned under it and the precise effects of that law on energy investment in Iran—as separate from other factors affecting international firms’ decisions on whether to invest in Iran—has been unclear. While international pressure on Iran to curb its nuclear program has increased the hesitation of many major foreign firms to invest in Iran’s energy sector, hindering Iran’s efforts to expand oil production beyond 4.1 million barrels per day, some firms continue to see opportunity in Iran. This particularly appears to be the case for companies in Asia that appear eager to fill the void left by major European and American firms and to line up steady supplies of Iranian oil and gas. ISA was first passed at a time of tightening U.S.
    [Show full text]
  • Rrgp.222101-336.Pdf
    Revista Română de Geografie Politică Year XXII, no. 2, 2020, pp. 48-60 ISSN 1582-7763, E-ISSN 2065-1619 DOI 10.30892/rrgp.222101-336 THE TERRITORIAL CHARACTERISTICS OF EUROPEAN UNION SUBSIDIES FOR ECONOMIC DEVELOPMENT USED BY LOCAL AUTHORITIES IN THE ÉSZAK-ALFÖLD (NORTH GREAT PLAINS) REGION OF HUNGARY BETWEEN 2014 AND 2020 Zoltán BADAR County Directorates of Hajdú-Bihar, Hungarian State Treasury, Hatvan utca 15., 4026 Debrecen, Hungary, e-mail: [email protected] Gábor KOZMA University of Debrecen, Faculty of Science and Technology, Institute of Earth Sciences, Department of Social Geography and Regional Development Planning, Egyetem tér 1., 4032 Debrecen, Hungary, e-mail: [email protected] Citation: Badar, Z., & Kozma, G. (2020). The Territorial Characteristics of European Union Subsidies for Economic Development Used by Local Authorities in the Eszak-Alföld (North Great Plains) Region of Hungary between 2014 and 2020. Revista Română de Geografie Politică, 22(2), 48-60. https://doi.org/10.30892/rrgp.222101-336 Abstract: In the EU budgetary period 2014-2020 the Hungarian Government devoted significant attention to economic development and its plan was to use 60% of EU regional policy subsidy for this purpose. In the light of this fact, the main aim of our publication is examine the spatial characteristics of the EU economic development aid awarded to local authorities situated in North Great Plain Region (Hajdú-Bihar county, Jász-Nagykun-Szolnok county, Szabolcs- Szatmár-Bereg county), and to point out the differences between the individual areas and settlements. As a result of our research it can be concluded that firstly the smallest settlements were in an unfavourable position (fewer subsidy applications and smaller subsidy amounts), while in case of larger settlements, the examination does not show clear results.
    [Show full text]
  • Total E&P Norge AS
    ANNUAL REPORT TOTAL E&P NORGE AS E&P NORGE TOTAL TOTAL E&P NORGE AS ANNUAL REPORT 2014 CONTENTS IFC KEY FIGURES 02 ABOUT TOTAL E&P NORGE 05 BETTER TOGETHER IN CHALLENGING TIMES 07 BOARD OF DIRECTORS’ REPORT 15 INCOME STATEMENT 16 BALANCE SHEET 18 CASH FLOW STATEMENT 19 ACCOUNTING POLICIES 20 NOTES 30 AUDITIOR’S REPORT 31 ORGANISATION CHART IBC OUR INTERESTS ON THE NCS TOTAL E&P IS INVOLVED IN EXPLORATION AND PRODUCTION O F OIL AND GAS ON THE NORWEGIAN CONTINENTAL SHELF, AND PRODUCED ON AVERAGE 242 000 BARRELS OF OIL EQUIVALENTS EVERY DAY IN 2014. BETTER TOGETHER IN CHALLENGING TIMES Total E&P Norge holds a strong position in Norway. The Company has been present since 1965 and will mark its 50th anniversary in 2015. TOTAL E&P NORGE AS ANNUAL REPORT TOTAL REVENUES MILLION NOK 42 624 OPERATING PROFIT MILLION NOK 22 323 PRODUCTION (NET AVERAGE DAILY PRODUCTION) THOUSAND BOE 242 RESERVES OF OIL AND GAS (PROVED DEVELOPED AND UNDEVELOPED RESERVES AT 31.12) MILLION BOE 958 EMPLOYEES (AVERAGE NUMBER DURING 2013) 424 KEY FIGURES MILLION NOK 2014 2013 2012 INCOME STATEMENT Total revenues 42 624 45 007 51 109 Operating profit 22 323 24 017 33 196 Financial income/(expenses) – net (364) (350) (358) Net income before taxes 21 959 23 667 32 838 Taxes on income 14 529 16 889 23 417 Net income 7 431 6 778 9 421 Cash flow from operations 17 038 15 894 17 093 BALANCE SHEET Intangible assets 2 326 2 548 2 813 Investments, property, plant and equipment 76 002 67 105 57 126 Current assets 7 814 10 506 10 027 Total equity 15 032 13 782 6 848 Long-term provisions
    [Show full text]
  • RKU Nordsjøen – Konsekvenser Av Regulære Utslipp Til Sjø
    Lars Petter Myhre, Gunnar Henriksen, Grethe Kjeilen-Eilertsen, Arnfinn Skadsheim, Øyvind F Tvedten. RKU Nordsjøen – Konsekvenser av regulære utslipp til sjø Rapport IRIS – 2006/113 www.irisresearch.no © Kopiering er kun tillatt etter avtale med IRIS eller oppdragsgiver. International Research Institute of Stavanger (IRIS) er sertifisert etter et kvalitetssystem basert på standard NS - EN ISO 9001 International Research Institute of Stavanger AS. www.irisresearch.no Lars Petter Myhre, Gunnar Henriksen, Grethe Kjeilen-Eilertsen, Arnfinn Skadsheim, Øyvind F Tvedten. RKU Nordsjøen – Konsekvenser av regulære utslipp til sjø Rapport IRIS – 2006/113 Prosjektnummer: 7151743 Kvalitetssikrer: Jan Fredrik Børseth Oppdragsgiver: OLF/Statoil ISBN: 82-490-0450-7 www.irisresearch.no © Kopiering er kun tillatt etter avtale med IRIS eller oppdragsgiver. International Research Institute of Stavanger (IRIS) er sertifisert etter et kvalitetssystem basert på standard NS - EN ISO 9001 IRIS – International Research Institute of Stavanger. http://www.irisresearch.no Forord Denne rapporten inngår som en del av “Regional konsekvensutredning for petroleumsvirksomheten i Nordsjøen” (RKU-Nordsjøen). RKU-Nordsjøen består av en rekke temarapporter som dokumenterer konsekvensene av den samlede nåværende og framtidige petroleumsaktiviteten på norsk sokkel sør for 62. breddegrad. Hensikten med regionale konsekvensutredninger er primært å gi en bedre oversikt over konsekvensene av petroleumsaktiviteten på sokkelen enn det enkeltstående feltvise konsekvensutredninger gir.
    [Show full text]