Space, Scale, and the Global Oil Assemblage: Commodity Frontiers in Resource Peripheries

Watts, Michael

doi:10.1007/978-3-030-84606-0_8

Cited by 3 publications

(1 citation statement)

References 49 publications

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“…It may be necessary to mention that oil geopolitics in�luenced some decisions in the early days of the Nigerian industry. Olorunfemi (2020) shows that Nigeria joined the Organization of the Petroleum Exporting Countries (OPEC) in 1971, and OPEC was established in 1960 to synchronize the member countries' oil policies on technical and economic assistance amongst the members (Watts, 2021). The success stories in 1960 and 1970 of the oil boom became one of the biggest countries producing oil and the most af�luent in Africa.…”

Section: Introductionmentioning

confidence: 99%

The Potential of Sukuk for Financing Oil and Gas Sector in Nigeria

Muhammad¹,

Haruna²

2022

JIEBR

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Nigeria has promising investment opportunities in the up and downstream sectors of the oil and gas industry that need financing. In the upstream, there are an estimated 37.2 Billion proven oil reserves and 182 Trillion cubic feet of natural gas. New investment opportunities are being developed, and individual and organizational investors need to finance their activities by purchasing drilling equipment and financing their infrastructures and storage facilities. Sukuk financing became a potential investment opportunity that could significantly address the upstream and downstream oil and gas sector and restore the glory of refineries in the country. There are currently three petroleum refineries in Nigeria with a stated capacity of 438 750. Perhaps the refineries are obsolete and bedeviled by poor management and turnaround maintenance due to the lack of funding. The study examines the potential of Sukuk financing oil and gas in the sector in Nigeria. The study employed Structural Equation Modeling to test the respondents' perspectives on the proposed model. Findings predict that the government may diversify and look for an alternative for funding that attracts more investors to participate in Sukuk financing. Future research is encouraged to use quantitative assessment methods to assess funding priorities between the Upstream, middle and downstream petroleum sectors.

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Section: Introductionmentioning

confidence: 99%

The Potential of Sukuk for Financing Oil and Gas Sector in Nigeria

Muhammad¹,

Haruna²

2022

JIEBR

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Projected land use change in an oil-rich landscape in Uganda: A participatory modelling approach

Twongyirwe

Fisher

Karungi

et al. 2022

The Extractive Industries and Society

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Heritage work in extractive zones

Baird

2024

Journal of Social Archaeology

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This paper explores the role of heritage work in extractive zones, focusing on how different stakeholders—industries, communities, and governments—leverage heritage to assert claims and achieve visibility. This paper is based on a multiyear research project examining the now-canceled Jordan Cove Energy Project and Pacific Connector Pipeline in Oregon. The focus here centers on defining heritage work and its use by various actors to navigate claims of legitimacy and access. I argue that in extractive contexts, heritage work is more than legal work or documentation; it is also a tool that communities use to refuse the erasure of connections to land and culture and to affirm connections. By defining heritage work and extractive zones in the same frame, this paper directs attention to how heritage is taken up, dismissed, legitimized, or valorized.

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Space, Scale, and the Global Oil Assemblage: Commodity Frontiers in Resource Peripheries

Cited by 3 publications

References 49 publications

The Potential of Sukuk for Financing Oil and Gas Sector in Nigeria

The Potential of Sukuk for Financing Oil and Gas Sector in Nigeria

Projected land use change in an oil-rich landscape in Uganda: A participatory modelling approach

Heritage work in extractive zones

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