The role of innovation and technology in sustaining the petroleum and petrochemical industry

Hossein Hassani; Emmanuel Sirimal Silva; Ahmed Mohamed Al Kaabi

doi:10.1016/j.techfore.2017.03.003

The role of innovation and technology in sustaining the petroleum and petrochemical industry

Hossein Hassani^*, Emmanuel Sirimal Silva, Ahmed Mohamed Al Kaabi

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

73 Citations (Scopus)

Abstract

Innovation and Technology go hand in hand within the petroleum and petrochemical industry. Oil price volatility, geopolitics, and economic uncertainty, all contribute towards the continued need to innovate and technologically advance if petroleum and petrochemical companies are to survive in this highly competitive industry. This review paper looks at identifying the importance of innovation and technology in the petroleum and petrochemical industry by referring to evidence in the public domain. Thereafter, the focus shifts towards identifying both quantifiable and non-quantifiable impacts of technology and innovation within the petroleum and petrochemical industry.

Original language	English
Pages (from-to)	1-17
Number of pages	17
Journal	Technological Forecasting and Social Change
Volume	119
Early online date	1 Jun 2017
DOIs	https://doi.org/10.1016/j.techfore.2017.03.003
Publication status	Published - Jun 2017
Externally published	Yes

Keywords

Gas
Innovation
Oil
Petroleum
Sustainability
Technology

ASJC Scopus subject areas

Business and International Management
Applied Psychology
Management of Technology and Innovation

Documents and Links

10.1016/j.techfore.2017.03.003

Cite this

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abstract = "Innovation and Technology go hand in hand within the petroleum and petrochemical industry. Oil price volatility, geopolitics, and economic uncertainty, all contribute towards the continued need to innovate and technologically advance if petroleum and petrochemical companies are to survive in this highly competitive industry. This review paper looks at identifying the importance of innovation and technology in the petroleum and petrochemical industry by referring to evidence in the public domain. Thereafter, the focus shifts towards identifying both quantifiable and non-quantifiable impacts of technology and innovation within the petroleum and petrochemical industry.",

keywords = "Gas, Innovation, Oil, Petroleum, Sustainability, Technology",

author = "Hossein Hassani and Silva, {Emmanuel Sirimal} and {Al Kaabi}, {Ahmed Mohamed}",

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AU - Al Kaabi, Ahmed Mohamed

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AB - Innovation and Technology go hand in hand within the petroleum and petrochemical industry. Oil price volatility, geopolitics, and economic uncertainty, all contribute towards the continued need to innovate and technologically advance if petroleum and petrochemical companies are to survive in this highly competitive industry. This review paper looks at identifying the importance of innovation and technology in the petroleum and petrochemical industry by referring to evidence in the public domain. Thereafter, the focus shifts towards identifying both quantifiable and non-quantifiable impacts of technology and innovation within the petroleum and petrochemical industry.

KW - Gas

KW - Innovation

KW - Oil

KW - Petroleum

KW - Sustainability

KW - Technology

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DO - 10.1016/j.techfore.2017.03.003

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JO - Technological Forecasting and Social Change

JF - Technological Forecasting and Social Change

ER -

The role of innovation and technology in sustaining the petroleum and petrochemical industry

Abstract

Keywords

ASJC Scopus subject areas

Documents and Links

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Cite this