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Book Cover
E-book
Author Saraji, Soheil, author

Title Sustainable oil and gas using blockchain / Soheil Saraji, Si Chen ; with contributions from: Dayo Akindipe [and 6 others]
Published Cham, Switzerland : Springer, [2023]

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Description 1 online resource (xvii, 346 pages) : illustrations (black and white, and colour)
Series Lecture notes in energy, 2195-1292 ; volume 98
Lecture notes in energy ; 98. 2195-1292
Contents Intro -- Foreword -- Acknowledgments -- Contents -- About the Authors -- Part I Foundations -- 1 Energy Transition: Challenges and Opportunities for the Oil & Gas Industry -- 1.1 Introduction -- 1.2 Oil and Gas in Energy Transition -- 1.3 Modernization and Digitization -- 1.3.1 Internet of Things -- 1.3.2 Big Data Analytics and Artificial Intelligence -- 1.3.3 Blockchain Technology -- 1.4 Low-Carbon Fuels -- 1.4.1 Biofuels -- 1.4.2 Sustainable Aviation Fuels -- 1.4.3 Certified Gas -- 1.4.4 Blue Hydrogen -- 1.5 Harnessing Underground & Offshore Facilities & Expertise
1.5.1 Underground Hydrogen Storage -- 1.5.2 Geological Carbon Sequestration -- 1.5.3 Geothermal Energy -- 1.5.4 Offshore Wind and Solar -- 1.6 Summary and Conclusion -- References -- 2 Climate and Financial Markets -- 2.1 Introduction -- 2.2 Climate Investing and the ESG Boom -- 2.3 Effect on the Oil and Gas Industry -- 2.4 Who Will Own the Energy Transition? -- 2.5 War and the SEC: A Reset -- 2.6 Summary and Conclusion -- References -- 3 Introduction to Blockchain -- 3.1 Introduction -- 3.2 A Brief History of Money and Ledger -- 3.3 A Brief History of Blockchain
3.4 Introduction to Cryptography -- 3.5 Distributed and Decentralized Networks -- 3.6 Consensus Mechanism -- 3.7 Blockchain Networks -- 3.8 Smart Contracts -- 3.9 Blockchain Governance -- 3.10 Summary and Conclusion -- References -- 4 Blockchain: Legal and Regulatory Issues -- 4.1 Introduction -- 4.2 Private Law -- 4.2.1 Contract Law -- 4.2.2 Allocation of Liability -- 4.2.3 Property Law -- 4.3 Criminal Law -- 4.3.1 Cybersecurity Attacks -- 4.3.2 Money Laundering Issues -- 4.4 Public and Administrative Law -- 4.4.1 Securities Law -- 4.4.2 Commodities Law -- 4.4.3 Privacy and Data Protection
4.4.4 Taxation Laws -- 4.5 Regulatory Approaches to Blockchain Technology in Various Jurisdictions -- 4.5.1 United States -- 4.5.2 Gibraltar -- 4.5.3 Estonia -- 4.5.4 Malta -- 4.5.5 Switzerland -- 4.5.6 Liechtenstein -- 4.5.7 Extraterritorial Jurisdiction and the Applicability of Local Laws -- 4.6 Smart Contracts -- 4.6.1 Defining Smart Contracts -- 4.6.2 Evolution and Rise of Smart Contracts in the Energy Sector -- 4.6.3 Formation of Smart Contracts -- 4.6.4 Modification and Performance of Smart Contracts -- 4.6.5 Enforcement, Termination, Rescission and Dispute Resolution Mechanisms
4.6.6 Selected Challenges in the Application of Smart Contracts -- 4.6.7 Compatibility of Smart Contracts with Consumer Protection Laws-Applicability of Unfair Contract Terms Provisions -- 4.6.8 Security and Privacy Risks -- 4.6.9 Setting the Scene of Smart Contracts-Regulatory Initiatives in Various Countries on Smart Contracts -- 4.7 Summary and Conclusion -- References -- Part II Applications -- 5 Blockchain and Sustainable Energy -- 5.1 Introduction -- 5.2 Blockchain Sustainability -- 5.3 Sustainable Energy Applications -- 5.3.1 Monitoring, Verifying, and Reporting (MRV)
Summary This monograph explores the potential of blockchain technology to facilitate the transition in the oil and gas (O&G) industry. As the world shifts towards a sustainable energy future, the oil and gas industry faces significant challenges and opportunities. Focusing on the development of a sustainable O&G industry, the book delves into the role of climate and financial markets in the energy sector, applications of blockchain in sustainable energy development, and the challenges of legal and regulatory issues in applying blockchain technology. It provides insight into how the energy industry is already working on reducing carbon emissions and paving the way to a sustainable future with detailed examples of reducing methane emissions, carbon credit markets, sustainable aviation fuels, and plastics. The book also examines how O&G companies could further their sustainability initiatives using blockchain technology for emission data monitoring, carbon capture, utilization, storage, and supply-chain management to develop clean products.
Bibliography Includes bibliographical references
Notes Print version record
Subject Petroleum engineering -- Data processing
Petroleum industry and trade -- Data processing
Oil industries -- Data processing
Gas industry -- Data processing
Blockchains (Databases)
Blockchains (Databases)
Gas industry -- Data processing
Petroleum engineering -- Data processing
Petroleum industry and trade -- Data processing
Form Electronic book
Author Chen, Si, author
Akindipe, Dayo, contributor
Karisma, Karisma, contributor
McLaughlin, Fred J., contributor
Rioux, Bertrand W., contributor
Serada, Katerina, contributor
Tehrani, Pardis M., contributor
Wyer, Joseph, contributor
ISBN 9783031306976
303130697X