Modeling for the world crude oil and natural gas markets

Crude oil and natural gas have been essential energy sources and play a crucial role in the world economy. Changes in energy prices significantly impact economic growth. This study builds an econometric model to illustrate the substitute relation between crude oil and natural gas markets. Additionally, the determination of the oil and natural gas prices are endogenized, assuming imperfect competition to reflect a real market strategy. Our empirical results show that the overall performance of this system is acceptable, and the model can be applied to policy analysis for determining monetary or energy policy by introducing this model to the more comprehensive system.

Tenacidade ao impacto e resistência a fadiga de aço API 5L X70 modificado ao Nb

O transporte de gás e derivados de petróleo é realizado pelo uso de tubulações, denominadas de oleodutos ou gasodutos, que necessitam de elevados níveis de resistência mecânica e corrosão, aliadas a uma boa tenacidade à fratura e resistência à fadiga. A adição de elementos de liga nesses aços, Ti, V e Nb entre outros, é realizada para o atendimento destes níveis de resistência após o processamento termomecânico das chapas para fabricação destes dutos, utilizando-se a norma API 5L do American Petroleum Institute, API, para a classificação destes aços. A adição de elementos de liga em associação com o processamento termomecânico visa o refino de grão da microestrutura austenítica, o qual é transferido para a estrutura ferrítica resultante. O Brasil é o detentor das maiores reservas mundiais de nióbio, que tem sido apresentado como refinador da microestrutura mais eficiente que outros elementos, como o V e Ti. Neste trabalho dois aços, denominados Normal e Alto Nb foram estudados. A norma API propõe que a soma das concentrações de Nióbio, Vanádio e Titânio devem ser menores que 0,15% no aço. As concentrações no aço contendo mais alto Nb é de 0,107%, contra 0,082% do aço de composição normal, ou seja, ambos atendem o valor especificado pela norma API. Entretanto, os aços são destinados ao uso em dutovias pela PETROBRÁS que impõe limites nos elementos microligantes para os aços aplicados em dutovias. Deste modo estudos foram desenvolvidos para verificar se os parâmetros de resistência à tração, ductilidade, tenacidade ao impacto e resistência à propagação de trinca por fadiga, estariam em acordo com a norma API 5L grau X70 e com os resultados que outros pesquisadores têm encontrado para aços dessa classe. Ainda, como para a formação de uma dutovia os tubos são unidos uns aos outros por processo de soldagem (circunferencial), o estudo de fadiga foi estendido para as regiões da solda e zona termicamente afetada (ZTA). Como conclusão final observa-se que o aço API 5L X70 com Nb modificado, produzido conforme processo desenvolvido pela ArcelorMittal - Tubarão, apresenta os parâmetros de resistência e ductilidade em tração, resistência ao impacto e resistência a propagação de trinca em fadiga (PTF) similar aos aços API 5L X70 com teores de Nb = 0,06 % peso e aqueles da literatura com teores de Nb+Ti+V < 0,15% peso. O metal base, metal de solda e zona termicamente afetada apresentaram curvas da/dN x ΔK similares, com os parâmetros do material C e m, da equação de Paris, respectivamente na faixa de 3,3 - 4,2 e 1.3x10-10 - 5.0x10-10 [(mm/ciclo)/(MPa.m1/2)m].

Review and Recommendations for Fast-Track Wetland Permitting for Petroleum Pipeline Maintenance

The petroleum pipeline industry in the United States is challenged with maintaining the integrity of their pipelines, while also protecting the environment during any pipeline repairs. This project provides information on the activities relating to the industry Integrity Management Program, assesses the process that federal agencies are developing to create streamlined permitting processes, and if the necessary federal, state, and local wetland permits can be obtained in the time frame required by the law. Recommendations are also made for implementation of a fast-track wetland permitting process and what pipeline companies can do to speed up the permitting process. This project focuses on the refined petroleum pipelines that originate near the Gulf of Mexico and terminate in the Northeastern United States.

On Ukrainian Gas Transit and South Stream. There may be more than meets the eye. CEPS Commentaries, 21 March 2014

The EU relies to a considerable degree on imports to meet its demand for natural gas. Whereas Norwegian export pipelines are directly connected to the EU gas system, a major share of Russian gas flows through the Ukrainian territory before reaching consumers located other consumers located down in the supply chain (e.g. Slovakia, Hungary or Italy). But is the Ukrainian gas transit route still a risk? Will the construction of the South Stream pipeline further reduce the importance of Ukraine as a transit country? Or is there more at stake here than meets the eye?

The Iasi-Ungheni pipeline: a means of achieving energy independence from Russia? Moldova's attempts at gas supply diversification. OSW Commentary No. 118, 2013-10-08

Since taking power in 2009, the Alliance for European Integration (AIE) has been trying to end Moldova’s dependence on Russian gas. Currently, natural gas accounts for about 50% of the country’s energy balance (excluding Transnistria), and Gazprom has a monopoly on the supply of gas to the republic. The key element of Chișinău’s diversification project is the construction of the Iasi-Ungheni pipeline, which is designed to link the Moldovan and Romanian gas transmission networks, and consequently make it possible for Moldova to purchase gas from countries other than Russia. Despite significant delays, construction work on the interconnector began in August 2013. The Moldovan government sees ensuring energy independence from Russia as its top priority. The significance and urgency of the project reflect Chișinău’s frustration at Moscow’s continued attempts to use its monopoly of Moldova’s energy sector to exert political pressure on the republic. Nonetheless, despite numerous declarations by Moldovan and Romanian politicians, the Iasi- -Ungheni pipeline will not end Moldova’s dependence on Russian gas before the end of the current decade. This timeframe is unrealistic for two reasons: first, because an additional gas pipeline from Ungheni to Chisinau and a compression station must be constructed, which will take at least five years and will require significant investment; and second, because of the unrelenting opposition to the project coming from Gazprom, which currently controls Moldova’s pipelines and will likely try to torpedo any energy diversification attempts. Independence from Russian gas will only be possible after the the Gazprom-controlled Moldova-GAZ, the operator of the Moldovan transmission network and the country’s importer of natural gas, is divided. The division of the company has in fact been envisaged in the EU’s Third Energy Package, which is meant to be implemented by Moldova in 2020.

Mexico's oil and gas policy : an analysis /

Prepared by G. J. Pagliano and others.

Assessment of environmental fate and effects of discharges from offshore oil and gas operations /

"WH-553"--Cover.

Intergovernmental planning program for OCS oil and gas leasing, transportation and related facilities /

Mode of access: Internet.

Proved discoveries and productive capacity of crude oil, natural gas, and natural gas liquids in the United States; a report.

Mode of access: Internet.

A restudy of the Staunton gas pool /

Originally published separately as three extracts from Bulletin no. 44.