The oil and gas industry is a complex sector with significant reach, impacting the global economy’s energy needs, security, environment, and development. It is especially crucial for emerging markets and developing countries’ economic growth.

However, oil and gas resources are finite, with high health and safety risks and substantial environmental costs. Optimal extraction and utilization require careful management and sustainability practices. This book examines the challenges and opportunities in the oil and gas industry within the context of emerging markets and developing economies.

It provides comprehensive coverage of:

Management and sustainability practices in the sector.
The environmental impact and sustainability of resources.
Businesses operating across the entire value chain.
The book addresses current discussions on topics such as the Sustainable Development Goals, the Green Economy, the Paris Agreement, and the Glasgow Climate Pact. It concludes with a chapter on the future of the oil and gas industry, providing a wide-reaching and up-to-date overview of the industry amidst the ongoing energy transition discourse.

This book introduces readers to the concepts and formal models of analysis in the oil and gas sector. It will serve as a valuable 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 in these fields will also find this book a useful reference.