Oil Theft, Energy Security and Energy Transition in Mexico

Vivoda, Vlado; Krame, Ghaleb; Spraggon, Martin

doi:10.3390/resources12020030

Cited by 8 publications

(2 citation statements)

References 18 publications

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“…By fostering job creation, skill development, and community engagement, LNG projects can become agents of positive change, contributing not only to the economic prosperity of African nations but also to the well-being of their people. The judicious consideration of these socio-economic dimensions is fundamental to securing the economic viability and societal acceptance of LNG projects in the African context (Vivoda, 2023).…”

Section: Socio-economic Considerationsmentioning

confidence: 99%

Reviewing the economic viability of LNG projects in African Nations

Cosmas Dominic Daudu,

Chinelo Emilia Okoli,

Adedayo Adefemi

et al. 2023

World J. Adv. Res. Rev.

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The economic viability of Liquefied Natural Gas (LNG) projects in African nations stands as a pivotal subject in the global energy landscape. This Review encapsulates a comprehensive review, shedding light on the multifaceted aspects that determine the success and sustainability of LNG initiatives across the African continent. The analysis encompasses key elements such as investment frameworks, regulatory environments, and socio-economic considerations, providing a nuanced understanding of the economic dynamics shaping LNG projects. Examining case studies and regional variations, the review delves into the challenges and opportunities that characterize LNG ventures in Africa. The study identifies the critical factors influencing economic viability, including infrastructure development, market dynamics, and governmental policies. It explores the impact of global energy trends on the African LNG market and scrutinizes the role of international collaborations in fostering economic success. Additionally, the review assesses the potential socio-economic benefits, job creation, and local community engagement stemming from LNG projects, adding a socio-economic dimension to the economic evaluation. Furthermore, the Review emphasizes the need for adaptive strategies that acknowledge the unique challenges faced by African nations, from political stability concerns to the varying levels of technological infrastructure. The economic viability of LNG projects is inherently linked to the alignment of national goals, industry interests, and environmental sustainability. In summary, this Review provides a succinct overview of the comprehensive review on the economic viability of LNG projects in African nations. It sets the stage for an in-depth exploration of the economic intricacies, offering valuable insights for policymakers, industry stakeholders, and researchers vested in the sustainable development of LNG projects across the African continent.

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Section: Socio-economic Considerationsmentioning

confidence: 99%

Reviewing the economic viability of LNG projects in African Nations

Cosmas Dominic Daudu,

Chinelo Emilia Okoli,

Adedayo Adefemi

et al. 2023

World J. Adv. Res. Rev.

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“…Fuel theft, a pervasive criminal activity that plagues both developed and developing nations, has emerged as a significant threat to global energy security [1]. This illicit practice involves the unauthorized extraction, diversion, or illegal sale of fuel products, resulting in massive financial losses for governments, oil companies, and consumers alike.…”

Section: Introductionmentioning

confidence: 99%

An Efficient Novel Approach for Detection of Fuel Monitoring System through IoT Sensors for a Sustainable Environment

Yamini Devi,

Murki,

Hanmanthu

et al. 2023

E3S Web Conf.

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To address the Fuel Theft situation currently faced by society, a project has been designed to create a Fuel Theft and Monitoring system. Fuel theft is an illegal act that involves stealing fuel from vehicles or storage facilities. With the rising fuel prices, this issue has become a growing problem. There are various methods employed by fuel thieves, including siphoning, drilling, burglary, and tampering with fuel gauges. Among these, siphoning is the most frequently used method, where thieves use a hose to extract fuel from the vehicle’s tank. They may suck on the hose or use a pump to facilitate the process, which can be done quickly and easily in a matter of minutes. Burglary is a more destructive method where thieves break into a vehicle to directly access and steal fuel from the tank, potentially causing damage to the vehicle. Tampering with fuel gauges is another method used by fuel thieves, whereby they manipulate the gauges to make it appear as if the tank is empty when it is actually full. This allows them to fill up the tank without paying for the fuel. Fuel theft has significant financial implications for businesses and individuals alike. In the United States, it is estimated to cost businesses billions of dollars annually. Furthermore, fuel theft can also result in environmental pollution, as thieves may dispose of the stolen fuel on the ground or in waterways. Additionally, fuel theft during transit is a common occurrence, with reports suggesting that around 16% of diesel filled in trucks is stolen. This alone amounts to a theft of significant value each year. Addressing fuel theft requires proactive measures to protect oneself and prevent such crimes. One solution involves leveraging IoT technology, specifically using modules like GSM, GPS, and cloud computing. By implementing these technologies, we can work towards eradicating the problem of fuel theft and a sustainable environment.

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Energy security indicators for sustainable energy development: Application to electricity sector in the context of state economic decisions

Karpavicius,

Balezentis,

Streimikiene

2024

Sustainable Development

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This paper discusses the interlinkages between energy security indicators and government economic interventions in the electricity sector. The research was carried out using a systematic literature review and comparative analysis and was mainly based on qualitative criteria. Following a literature review and data analysis, the paper identifies 65 energy security indicators (from over 300 possible indicators) that are relevant for the electricity sector. The work also highlights the indicators of energy security on which the state's economic decisions have a direct and indirect effect. This is the basis of the scientific novelty and relevance of this study. The paper highlights the role of public economic policy in the domain of energy security (including energy supply, reliability and affordability). This research helps to show how different parts of energy safety in the electricity field are connected. It shows how government economic choices can have both direct and indirect effects on energy outcomes, helping us understand the complex ways policies and energy results relate to each other. The paper argues that state interventions in areas such as public support for promotion of renewable energy sources and energy efficiency gains, and energy price regulation exert a significant effect on energy security in the electricity sector. The paper also examines the theoretical issues underpinning the definition, dimensions and assessment of energy security. Possible trade‐offs between economic growth and energy security are discussed drawing attention to the importance of a balanced approach to formulation of economic policy. The study also argues that state economic decisions play a crucial role in shaping energy security in the electricity sector and stresses the topicality of a better ability to fathom the potential outcomes of these decisions. The comprehensive analysis of 65 energy security indicators presented in this paper gives valuable insights for both analysts and decision makers. The analysis confirms the importance of a nuanced approach in measuring and combining these indicators into policymaking (for governments, industry leaders, scientists, researchers, NGOs) to enhance the overall effectiveness and sustainability of energy security policies in the electricity sector. The findings suggest that policies promoting renewable energy, energy efficiency and diversification are key to achieving a stable and sustainable electricity supply, urging further research incorporating dynamic models and data analytics for comprehensive energy security strategies.

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Oil Theft, Energy Security and Energy Transition in Mexico

Cited by 8 publications

References 18 publications

Reviewing the economic viability of LNG projects in African Nations

Reviewing the economic viability of LNG projects in African Nations

An Efficient Novel Approach for Detection of Fuel Monitoring System through IoT Sensors for a Sustainable Environment

Energy security indicators for sustainable energy development: Application to electricity sector in the context of state economic decisions

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