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The role of NGO S and Govt on oil development - Essay Example

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THE ROLE OF NGO’S AND GOVERNMENTS ON OIL DEVELOPMENT by Author’s Name Name of the Class Name of the Professor Name of the School City, State 30 March 2013 Introduction There are selective nations that are currently holding large oil and gas reserves across the world…
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The role of NGO S and Govt on oil development
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"The role of NGO S and Govt on oil development"

Download file to see previous pages First of all, development of oils and gas reserves involve the not only the governments alone, but the land owners and the involved private organizations dealing with well development after exploration, production, and refining before distribution. The governments do not have to seek advice from outsiders in addressing the issues to do with land that may arise between the land owners and the oil industry, because the rules and regulations lie within their local to the federal government power. With respect to the land use management practices within the oil and gas industry’s established scope of regulations, the landowners can be compensated for the intended activity to occur. International Approach to Oil and Gas Development International bodies and government have been concerned with regulating oil and gas exploration and production. The United Nations Environmental Programme is concerned with encouraging environmentally safe industrial development (E & P Forum/UNEP, 1997). The Industry and Environment Office of the UNEP advocates for environmental ethics inclusion in industrial development, supports aggressive approaches to environmental protection, and encourages global information exchange. In 1974, organizations in the petroleum industry and oil companies formed a global association known as the E & P forum (E & P Forum/UNEP, 1997). Under the forum, the interests of governments, UN specialist agencies and other foreign bodies are represented. Consequently, industry guidelines, checklists, and codes of practice have been developed and information disseminated to the relevant nations, industry positions on issues have been established, and the activities of relevant organizations have been and continue to be monitored. Outsiders Advice to Governments of Oil or Gas-Producing Nations Over the past decades, there have been profound development issues raised regarding the oil and gas industry over the percentage of ownership, regulations effects, and the management. Most oil and gas producing nations own the resources, issue the licenses for development activities, and engage in monitoring and control of the process and production. However, most emerging nations with resource reserves have to seek advice on the way forward to finance and manage oil and gas activities. This touches on legal advice, sector restructuring, standard regulations with respect to international environmental and countries’ internal laws, fiscal and contractual services, and privatization where needed (Wawryk, n.d.). The governments should not shy away from seeking advisory services right from upstream, midstream, to downstream because it lowers the cost of production on the governments side, while avoiding to strain the public sectors. The most important factors lie in the domain of legal and business issues that deal with strategic transactions and environmental policies. With respect to the recent trend in environmental degradation, the developing world, which holds the largest proved oil reserves has been reported to have ineffective environmental laws; hence in their endeavor in development of gas and oil reserves, the governments have to enquire from the standards and operating practices across the globe, to plan ahead and implement correct measures to minimize environmental damage in their resources development (Wawryk, n.d.). Most of ...Download file to see next pagesRead More
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