Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

Evaluating the impact of international environmental laws on oil and gas - Essay Example

Comments (0) Cite this document
M026LON C01: International Environmental Law Board Paper Paper Reference: Student ID No. Date of Paper: DD/MM/YYYY Title of Paper: Give a suitable title for your board paper Regular Assessment * Brief Synopsis of the Issue This evaluation revolves around the depleting of hydrocarbon reserves in major oil and gas fields located in Russia ‘Arctic region that is expected to have hydrocarbon reserves that will suffice for around a century…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.8% of users find it useful
Evaluating the impact of international environmental laws on oil and gas
Read TextPreview

Extract of sample "Evaluating the impact of international environmental laws on oil and gas"

Download file to see previous pages Recommendation(s) • GEP-Oil Company must follow the principles of the International Environment law to the latter. • The Company is bound to look for more advanced technologies to be able to exploit he Oil and Gas in an advanced manner. • Experts in Climatic conditions should be consulted before the commencement of the drilling process. • The company must compensate the inhabitants. 1. Background The main issues in the case study are that the presence of Oil and Gas plays an immense role in the economy of Russia and the welfare of the people as a whole. However, this exploration in the Arctic requires huge investments, which have prompted the Russian oil Companies to enter into an alliance with the international companies to expedite the exploration process. In light of this, the board paper has been organised into four sections. Each section analyses about an issue that pertains to exploration that is free from environmental destruction and one that depicts what is expected by the Russian government. The Russian environmental laws are similar to the international environment al laws in a number of ways. The Russian environmental laws also recognize that there is a need for each nation to be able to protect the environmental and at the same time each state should be given the freedom to be able to exploit their natural resources. According to principle one of the Rio Declaration, human beings are the centre of environmental concerns because they need to be able to have high quality life. The Russian environmental laws also recognize these factors and incorporate it in the principles of the law. There are also laws in the region where Russia is that are also invective of the need for the concerned stakeholders to understand the need to protect the natural resources for the sake of human beings. The arctic region in which Russia belongs, there are some environmental laws that need are very similar to international laws. The Arctic Environmental Protection Strategy is an environmental guidance that helps nations in the arctic region to abide in within the environmental standards. Russian national laws are also similar to the international environmental laws in that they also recognize that there is an importance to protect the local waters (marine). This is in line with MarPol environmental laws and guidance that provide for the ways in which the laws must be able protect the environment. Russia is a member of the artist centre but he laws developed by the arctic centre are not abiding. The arctic centre has developed the laws and guidelines that help member states to abide within the guidelines of international laws. MarPol helps nations around the world to be able to deal with the seal pollution. The Russian environmental policy also recognizes that there is a need to protect the sea and reduce marine pollution. These laws are also in line with the Conventional of Biodiversity guides which emphasize on the need to protect the natural resounds especially living things. The other important factor about international law in relation to the Russian environmental law is the recognition of the need for the state to be able to protect the environmental and the need to be able to ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Evaluating the impact of international environmental laws on oil and Essay”, n.d.)
Evaluating the impact of international environmental laws on oil and Essay. Retrieved from
(Evaluating the Impact of International Environmental Laws on Oil and Essay)
Evaluating the Impact of International Environmental Laws on Oil and Essay.
“Evaluating the Impact of International Environmental Laws on Oil and Essay”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Evaluating the impact of international environmental laws on oil and gas

The Economic Impact of the Emergence of China and India

The main macroeconomic variable that toys in the global economy’s shift are the emergence of India and China as new superpowers. This emergence certainly has a number of implications, but among the most relevant are: disruption of the equilibrium of the global economy which results in rising demand of goods, giving way to worldwide inflation; the attractiveness of outsourcing to these countries due to low cost but high talent workforce of these countries for cheaper operations.
The growing middle class of China and India results in booming demand for the automobile industry. This increase in demand, with the increasing purchasing power of these countries’ people, is not limited to automobiles but more apparent in...
10 Pages(2500 words)Assignment

Internal and External Environmental Analysis for the Bakery Business

Liberalization of foreign investment and technology policy of the government is supportive of establishing industrial units in the country.

Threat: The UK food regulatory authority is planning to enforce the EC Regulations relating to food labeling. The labeling requirements under the new regulations will affect the food industry as the suppliers will be legally obliged to disclose the GM content of foods to the caterers. Thus business firms in the bakery industry also will be effected through the exclusion of flexible manner of labeling arrangements in the case of flour confectionery involving GM Soya or maize. (Genetically modified and novel foods (labeling) (England) regulations, 2000).

Trend: The new subs...
6 Pages(1500 words)Case Study

Inflexible Labour Laws

Differing economic, cultural and political circumstances abroad also suggest the need for a better understanding of employees with a broad context is important. Fortunately, the ability to study the implications of policies on economic growth abroad is expanding rapidly as a result of the emergence of global private equity markets and micro finance. International entrepreneur ship spans cultural boundaries and involves a variety of stakeholders, including the entrepreneur, investors and policy makers (Asel, 2003). “Social considerations must be given the same status as economic, financial and environmental concerns in a holistic approach. It is time for global thinking and local action. The implementation of the Core Labour...
9 Pages(2250 words)Case Study

Potential Benefits of International Trade

... of some region compared to other and consumer tastes and preferences. Developing economies are experiencing lower costs of production of various commodities. Korea, China, Indonesia and India, for example produce services and goods at very low costs compared to EU and USA’s. This has led to the developed regions placing high levels of restrictions to the Asian countries. A major product component that’s very common in the current world’s international trade is oil and petroleum products. For instance in 2005 alone, USA utilised about 26 barrels of oil per single day. American usually imports natural gas liquids, refined commodities and crude oil. Very big amounts are brought into the world market by a group of nations under the umbrella...
6 Pages(1500 words)Coursework

The Effects of Financial Crisis on Supplier Selection Criteria of the Oil and Gas Industry Equipment Market

It is a difficult task to find those vendors who not only have the adequate quality and quantity of the needed raw materials but who also have an attitude of efficiency and display commitment to customer service (Sonmat, 2006). Further, organizations also strive to locate and select vendors who can be depended upon for long term relationship.

The number of factors or attributes desired from the vendor is vast, and different organizations and different industries place different importance on the attributes (Sonmat, 2006). Some of the vendor attributes may gain importance owing to the nature of the industry, for example, in the case of consumer perishables suppliers, like fresh vegetables or fruits, the buying firm would...
20 Pages(5000 words)Literature review

International Security Studies: Examination

Globalization affects international security in the sense that problems involving terrorism, the environment, religious extremism, weapons of mass destruction, and the economic crises have become more universal and widespread in character (Ivanov “Article”). As a result, these issues pose a greater threat to national and international stability and safety. More lives are now affected by threats to international security; these threats did not seem too ominous before the entry of globalization. Consequently, some extremists justify the use of mass weapons of destruction in order to guarantee their security. And as globalization continues to expand and to grow bigger as a phenomenon, threats to international security are...
7 Pages(1750 words)Assignment

International Law: Child Soldiers

Using children to fight wars is not only morally abhorrent but very bad very the physical and mental health of the children in question. That is in part why a series of international laws and treaties have come into effect to try to deal with this scourge. But the issue is more complicated than that. While child soldiers are victims of war crimes, they too can also perpetrate serious breaches of the law of armed conflict. Under normal circumstances, individuals who commit such acts, be they combatants or not,2 would be vulnerable to prosecution. However, because children in such situations are victims as well as perpetrators and because of the special protections afforded to children under international law, many have questioned w...
8 Pages(2000 words)Case Study

International Affairs v. Liberalism

As a matter of fact, Hoffman’s statement that “international affairs is the nemesis of liberalism” has a grain of truth in it and this is especially so after the 9/11 incident.
There are two schools of thought or perspectives that are used to view international affairs: liberalism and realism. The study of these two perspectives is significant to the idea posed by Stanley Hoffman because they determine the reasons why international affairs, according to him, does not only see eye-to-eye with liberalism but seems to stand on the opposing side of it.
Liberalism can be defined as having four elements: citizens; the legislature; property rights, and; a market-driven economy (Dunne 186). Realism, on the othe...
6 Pages(1500 words)Assignment

Immigration and Its Impact on the United Kingdom

For example, for farming communities, fertile and well-watered land has been a pull factor in migration. Business opportunities and political stability are also examples of pull factors.
Since the turn of the 20th century, Great Britain and Northern Ireland have experienced a great influx of foreigners migrating into the country due to pull or push factors. There have been different waves of migrations to the United Kingdom, which has had different impacts. Because of this, the United Kingdom has had to respond in several ways, which includes coming up with new acts on immigration, nationality, and providing asylum to refugees.1 However, the topic of migration to the United Kingdom has attracted different political views and...
23 Pages(5750 words)Assignment

International Business: World Economic Forum and Davos 2010

...Introduction Globalization, one of the most hotly debated issues means global capitalism to some while others consider it to be the continuation of modernism with the forces of wealth, progress, democracy and happiness at play (Kellner, 2002). Globalization is considered to be beneficial which promotes economic prosperity, cultural diversity and technological advancement. According to the critical social theory, technology and capital work together to create a new globalized and interconnected world. While each force of globalization is important, technological revolution has impacted the business models, value creation and differentiation (Spelman, 2010). The cloud computing technologies that have made the popular social networking...
7 Pages(1750 words)Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Evaluating the impact of international environmental laws on oil and gas for FREE!

Contact Us