Sustainability Management in the Oil and Gas Industry Emerging and Developing Country Perspectives

The oil and gas industry is a complex sector with significant reach in terms of providing the energy needs of the global economy and the security, environmental and development consequences thereof. In particular, the sector is extremely important for the economic growth of emerging markets and developing countries. Furthermore, the life span of oil and gas resources is finite, with high health and safety risks and substantial environmental costs that require careful management and sustainability practices to ensure optimal extraction and utilisation of these resources. This book examines the challenges and opportunities in the oil and gas industry, in the context of emerging markets and developing economies. It provides comprehensive coverage of the management and sustainability practices of the sector, the environmental impact and sustainability of resources as well as the businesses that operate in the sector across the entire value chain. It addresses the current discourse on topics such as the Sustainable Development Goals, the Green Economy, the Paris Agreement and Glasgow Climate Pact and concludes with a chapter on the future of the oil and gas industry. The discussions around energy and energy transitions in particular continue to gain momentum and the book provides a wide-reaching and up-to-date overview of the industry. The book introduces readers to the concepts and formal models of analysis in the oil and gas sector and will serve as a useful resource for students, scholars and researchers in operations, marketing, procurement and supply chain management, project management, health and safety management, environmental economics, natural resource economics, development finance, and development studies. Researchers and practitioners working in these areas will also find the book a useful reference material.

Contents List of Tables List of Figures List of Contributors Acknowledgements PART I: OVERVIEW Introduction to Sustainability Management in the Oil and Gas Industry Joshua Yindenaba Abor and Amin Karimu PART II: OIL AND GAS MANAGEMENT Oil and Gas Storage Management: Evidence from a Developing Country John B. Dramani, Edwin Provencal, Senyo Hosi, and Benjamin Sarfo The Business of Oil Refining in Africa George Acheampong, Ishmael Ackah, and Amin Karimu Downstream Petroleum Sector in Ghana: Mapping the Key Marketing Issues Kobby Mensah, Ernest Yaw Tweneboah-Koduah, Beatrice Boateng and Chris Atadika Oil and Gas Operations, Transportation and Logistics Management Anthony Afful-Dadzie, Iddrisu Awudu, and Bright Ansah Owusu Procurement and Supply Chain Management in the Oil and Gas Industry Joshua Ofori-Amanfo, Prosper Biaka Konlan, and Florence Newman Digital Technology and Innovations in the Oil and Gas Industry Eric Afful-Dadzie, Emmanuel Awuni Kolog, John Effah, Vincent Omwenga, and Sulemana B. Egala Oil and Gas Project Management Kwasi Dartey-Baah, Saviour Ayertey Nubuor, Paul Gbahabo and Kwesi Amponsah-Tawiah Human Resource Management Practices in the Oil and Gas Industry James B. Abugre, Yvonne Lamptey, Simeon Ifere and Richard Nyuur Strategic Management in the Oil and Gas Industry Obi Berko O. Damoah and Emmanuel Kwesi Boon Corporate Governance in the Oil and Gas Sector Daniel Ofori-Sasu, Patience Aseweh Abor, Collins Ntim and Teerooven Soobaroyen Implementing Total Quality Management in the Oil and Gas Industry Daniel Agyapong, Evelyn Lamisi Asuah and Edmond Yeboah Nyamah Performance Management in the Oil and Gas Industry Teddy O. Kwakye, Rita A. Bekoe, Kingsley O. Appiah and Robert O. Nyamori PART III: SUSTAINABILITY MANAGEMENT IN THE OIL AND GAS INDUSTRY Occupational Health and Safety in the Oil and Gas Industry Patience Aseweh Abor, Florence Naab, Anita A. Daniels, and Aaron A. Abuosi Corporate Social Responsibility of Multinational Corporations in the Oil and Gas Sector: : Evidence from sub-Saharan Africa Lwanga Elizabeth Nanziri and Gifty Abban Environmental and Sustainability Management in the Oil and Gas Industry Albert Ahenkan, Mawuena A. Cudjoe, Amin Karimu and Gordon Abekah-Nkrumah Natural Gas and Liquified Natural Gas Resource Management Amin Karimu, John Bosco Dramani, and Ishmael Ackah Petrochemical Resource Management Stephen M. Braimah and Justice T. Mensah The Role of Oil and Gas in Sustainable Development in the Global South Asaah Sumaila Mohammed and Joshua Yindenaba Abor The Future of the Oil and Gas Industry in Emerging and Developing Countries Joshua Yindenaba Abor, James Atambilla Abugre, George Nana Agyekum Donkor, and Amin Karimu Index

Joshua Yindenaba Abor is a Financial Economist, Professor of Finance, and former Dean of the University of Ghana Business School. He is an External Fellow at the Centre for Global Finance, SOAS University of London, UK, and Adjunct Professor of Development Finance at the University of Stellenbosch Business School, South Africa. Amin Karimu is an Associate Professor in Economics at the School of Economics, University of Cape Town, South Africa and Visiting Scholar at the Centre for Environmental and Resource Economics at Umeå University, Sweden.