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Geoeconomics and Management
  • Date submitted
    2019-07-11
  • Date accepted
    2019-09-02
  • Date published
    2019-12-24

Stakeholders management of carbon sequestration project in the state – business – society system

Article preview

Prevention of catastrophic effects of climate change is one of the most pressing challenges of this century. A prominent place in the low-carbon development system today is carbon capture and storage technology (CCS). This technology can significantly reduce greenhouse gas emissions, leading to global warming. Effectiveness of technology has been proven through successful implementation of a number of CCS projects. CCS projects are implemented in the context of national and often international interests, consolidating efforts of many parties. Sequestration projects involve government bodies, public, industrial and scientific sectors, as well as a number of other business structures. Each participant presents his own expectations for results of the project, which can compete among themselves, creating threats to its successful implementation. World experience in implementing CCS projects indicates that opposition from a certain group of stakeholders can lead to closure of a project, therefore, interaction with environment is one of the key elements in managing such projects. This study focuses on specifics of stakeholder management in implementation of CO 2 sequestration projects. Based on the analysis of world experience, role of the state, business and society in such projects is determined, their main expectations and interests are summarized. The main groups of stakeholders of CCS and CCUS (carbon capture, utilization and storage) projects were identified, differences in their interests and incentives to participate were analyzed. It is proved that system of interaction with stakeholders should be created at the early stages of the project, while management of stakeholders is a continuous process throughout the life cycle. An author’s tool is proposed for assessing degree of stakeholder interest, the use of which allowed us to determine interaction vectors with various groups of stakeholders.

How to cite: Cherepovitsyn A.E., Ilinova A.A., Evseeva O.O. Stakeholders management of carbon sequestration project in the state – business – society system // Journal of Mining Institute. 2019. Vol. 240 . p. 731-742. DOI: 10.31897/PMI.2019.6.731
Geoeconomics and Management
  • Date submitted
    2014-11-27
  • Date accepted
    2015-01-15
  • Date published
    2015-10-26

Socio-economic potential of large-scale projects to develop offshore oil and gas: risks and stakeholder expectations

Article preview

The development of the Arctic shelf is a strategic long-term objective of the energy development of the Russian Federation. At the present time, resource and economic potential of offshore oil and gas development projects is huge. However, it is constrained by the complexity of developing offshore oil and gas resources due to climatic, geological and technological conditions. In addition, the current unstable situation with world oil prices is also a constraint on largescale involvement in the industrial development of offshore oil and gas resources. The aim of the research is to determine socioeconomic potential of large-scale projects to develop oil fields in the Arctic shelf of Russia. The article presents the peculiarities of developing offshore fields, which are characterized by severe climatic conditions, high environmental risks, unique technological solutions, lack of infrastructure in coastal areas. A comparative analysis of projects to develop land and shelf is performed. The regional authorities’ and businesses capability of implementing large-scale projects to develop offshore fields on economic, social and environmental criteria is identified. The positive and negative effects of socio-economic development of the territory implementing projects of hydrocarbon field development are evaluated. A schematic diagram of the socio-economic potential of hydrocarbon resources development projects reflecting the opportunities and risks of such projects from the perspective of key stakeholders is developed. A set of strategic objectives to successfully implement projects in the Arctic shelf of Russia are proposed. The findings of the research can be used by the departments of energy, industry and mineral resources in the preparation of long-term strategic development programs for the oil and gas industry.

How to cite: Cherepovitsyn A.E. Socio-economic potential of large-scale projects to develop offshore oil and gas: risks and stakeholder expectations // Journal of Mining Institute. 2015. Vol. 215 . p. 140-149.
Mineral raw materials complex: problems in control under new economical conditions
  • Date submitted
    2008-11-12
  • Date accepted
    2009-01-14
  • Date published
    2009-12-11

Electronic commerce and its influence on business

Article preview

Electronic commerce can give new possibilities to any firm in any industrial sector. It can lead to change of the existing markets: the new markets can appear, and old – to disappear. A key condition of successful introduction of electronic commerce is increase of professional qualities of employees.

How to cite: Sattarova N.I., Prudinsky G.A. Electronic commerce and its influence on business // Journal of Mining Institute. 2009. Vol. 184 . p. 79-83.