Dynamic International Oil Markets

Dynamic International Oil Markets
Author: C. van der Linde
Publisher: Springer Science & Business Media
Total Pages: 236
Release: 2013-03-14
Genre: Business & Economics
ISBN: 940157913X

Writing this book would have been impossible without the help of certain institutions and persons. For a gas-producing and oil-processing country like the Netherlands, there was surprisingly very little, publicly available, research material. Public libraries' collections contained, with a certain degree of inconsistency, little of the more specialised sources. I would therefore like to express my gratitude towards Royal Dutch Shell, and especially the library staff in The Hague, for allowing me to use the company's library, thanking them for their assistance in finding and supplying the required data. I am also grateful for the financial assistance of the 'Nederlandse organisatie voor wetenschappelijk onderzoek' (NWO) and the Faculty of Law of the University of Leiden. They provided the financial means to work a (crucial) month in the very well equipped library of the Oxford Institute for Energy Studies. I am indebted to the staff of the Oxford Institute for Energy Studies, and particularly to Robert Mabro and Jeremy Turk, for their comments, support, and friendship. After I spent a month in the Institute in July 1989, I was able to return for two five-month periods in 1990 and 1991. For both periods, the Oxford Institute and the Leiden Law Faculty provided me with the necessary means. I would also like to express special gratitude to some people who have been a great support and supplied me with valuable comments at various stages of the study.

The State and the International Oil Market

The State and the International Oil Market
Author: C. van der Linde
Publisher: Springer Science & Business Media
Total Pages: 179
Release: 2012-12-06
Genre: Business & Economics
ISBN: 1461545757

Abbreviations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ix Chapter 1 INTRODUCTION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Chapter 2 REDRAWING THE BOUNDARIES BETWEEN STATE AND COMPANY . . . 3 Chapter 3 STATE PARTICIPATION IN THE ECONOMY . . . . . . . . . . . . . . . . . . . . . 25 Chapter 4 INTERNATIONAL ECONOMIC INSTABILITY . . . . . . . . . . . . . . . . . . . . . 49 Chapter 5 THE FAILURE OF OPEC TO SECURE ECONOMIC RENTS . . . . . . . . . . 67 Chapter 6 TURNING BLACK GOLD INTO DEVELOPMENT . . . . . . . . . . . . . . . . . . 81 Chapter 7 NATIONAL OIL COMPANIES . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 97 Chapter 8 AMBITIOUS CONSOLIDATION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 127 Chapter 9 STRATEGIC CONSOLIDATION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 151 References . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 155 Index . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 165 PREFACE This book has been kicking around my desk for quite some time. On and off I returned to my work on the role of the state in the economy and the international oil market, but for a long time I was not satisfied with the shape it was in. I understand now that I needed the insights developed over the past couple of years on the role of the state, regulation, liberalization, privatization, and the recent events in the international oil industry to bring all my ideas together in a more coherent format. It was the events that followed the Asian financial crisis that drew me back to finish writing this book. The early beginnings of this book were developed at the Institute of International Affairs, Chatham I-louse, in London, where I was a research fellow with the Energy and Environment Programme in 1992 and 1993. At the Colorado School of Mines, I had the opportunity to test my ideas in a graduate class, and continue the research.

Enabling the Iranian Gas Export Options

Enabling the Iranian Gas Export Options
Author: Maximilian Kuhn
Publisher: Springer Science & Business Media
Total Pages: 390
Release: 2014-01-17
Genre: Political Science
ISBN: 3658000937

Maximilian Kuhn investigates one of the most pressing, yet neglected subjects in the field of global energy politics: the integration of the Iranian gas market. Possessing the world’s second-largest proven natural gas reserves, Iran is a hypothetical energy giant-in-waiting. Yet over three decades of internal divisions, coupled with crippling international sanctions, have left Iran unable to capitalize on its vast energy potential. Increasing global demand for natural gas and a government in constant need of finding new sources of revenue to meet the needs of a fast-growing population should lead Iran to eventually become a large-scale gas exporter. How this could take place and what the implications for global gas markets would be are the central research questions tackled by this study. The study allows a look beyond international politics, Iranian political decision-making, investment laws, and pipeline games.

The Domestic Dynamics Of China's Energy Diplomacy

The Domestic Dynamics Of China's Energy Diplomacy
Author: Chi Zhang
Publisher: World Scientific
Total Pages: 385
Release: 2015-09-17
Genre: Political Science
ISBN: 9814696757

Since the beginning of the 21st century, China's energy diplomacy has been expanding rapidly and the country is searching for energy resources worldwide. This movement has not only improved China's energy security and international relations, but also enabled the Chinese national oil companies (NOCs) to access new investment markets and implement development strategies. The Chinese government and the NOCs need each other's support to realise their respective interests. The interaction between the government and the NOCs will have a critical influence on China's energy diplomacy. The Domestic Dynamics of China's Energy Diplomacy explores the long-neglected domestic dynamics of China's energy diplomacy, in particular the interaction of national and corporate interests. It argues that the convergence of national and corporate interests is the key momentum of China's energy diplomacy. It observes that the government-NOC relationship has been evolving with China's economic and enterprise reform. Finally, it tests the empirical evidence of the domestic dynamics of China's energy diplomacy against the three mainstream international political economy theories, showing their merits and shortcomings in explaining the phenomenon, before providing an alternative conceptualisation of the movement.

Energy Trading and Risk Management

Energy Trading and Risk Management
Author: Tadahiro Nakajima
Publisher: Springer Nature
Total Pages: 145
Release: 2022-11-03
Genre: Business & Economics
ISBN: 9811956030

This book introduces empirical methods for analyzing energy markets. Even beginners in econometrics and mathematical finance must be able to learn how to utilize these methodologies and how to interpret the analysis results. This book provides some example analyses of the North American, European, and Asian energy markets. The reader will experience some theories and practices of energy trading and risk management. This book reveals the characteristics of energy markets using quantitative analyses. Examples include unit root, cointegration, long-term equilibrium, stochastic arbitrage simulation, multivariate generalized autoregressive conditional heteroscedasticity (GARCH) models, exponential GARCH (EGARCH) models, optimal hedge ratio, copula, value-at-risk (VaR), expected shortfall, vector autoregressive (VAR) models, vector moving average (VMA) models, connectedness, and frequency decomposition. This book is suitable for people interested in the empirical study of energy markets and energy trade.

Strategic Modelling and Business Dynamics

Strategic Modelling and Business Dynamics
Author: John D. W. Morecroft
Publisher: John Wiley & Sons
Total Pages: 507
Release: 2015-05-27
Genre: Business & Economics
ISBN: 1118994817

Insightful modelling of dynamic systems for better business strategy The business environment is constantly changing and organisations need the ability to rehearse alternative futures. By mimicking the interlocking operations of firms and industries, modelling serves as a ‘dry run’ for testing ideas, anticipating consequences, avoiding strategic pitfalls and improving future performance. Strategic Modelling and Business Dynamics is an essential guide to credible models; helping you to understand modelling as a creative process for distilling and communicating those factors that drive business success and sustainability. Written by an internationally regarded authority, the book covers all stages of model building, from conceptual to analytical. The book demonstrates a range of in-depth practical examples that vividly illustrate important or puzzling dynamics in firm operations, strategy, public policy, and everyday life. This updated new edition also offers a rich Learners' website with models, articles and videos, as well as a separate Instructors' website resource, with lecture slides and other course materials (see Related Websites/Extra section below). Together the book and websites deliver a powerful package of blended learning materials that: Introduce the system dynamics approach of modelling strategic problems in business and society Include industry examples and public sector applications with interactive simulators and contemporary visual modelling software Provide the latest state-of-the-art thinking, concepts and techniques for systems modelling The comprehensive Learners' website features models, microworlds, journal articles and videos. Easy-to-use simulators enable readers to experience dynamic complexity in business and society. Like would-be CEOs, readers can re-design operations and then re-simulate in the quest for well-coordinated strategy and better performance. The simulators include a baffling hotel shower, a start-up low-cost airline, an international radio broadcaster, a diversifying tyre maker, commercial fisheries and the global oil industry. "Much more than an introduction, John Morecroft’s Strategic Modelling and Business Dynamics uses interactive ‘mini-simulators and microworlds’ to create an engaging and effective learning environment in which readers, whatever their background, can develop their intuition about complex dynamic systems." John Sterman, Jay W. Forrester Professor of Management, MIT Sloan School of Management "Illustrated by examples from everyday life, business and policy, John Morecroft expertly demonstrates how systems thinking aided by system dynamics can improve our understanding of the world around us." Stewart Robinson, Associate Dean Research, President of the Operational Research Society, Professor of Management Science, School of Business and Economics, Loughborough University

The Indonesian Production Sharing Contract:An Investor's Perspective

The Indonesian Production Sharing Contract:An Investor's Perspective
Author: Tengku Nathan Machmud
Publisher: Kluwer Law International B.V.
Total Pages: 264
Release: 2000-07-12
Genre: Business & Economics
ISBN: 9041113878

The model contract for oil and gas development known as the Production Sharing Contract (PSC) originated in Indonesia in 1966 and enjoyed over a decade of successful implementation, with minor adjustments, in several oil-producing countries. In more recent years, however, numerous problems have arisen as changes in economic realities have driven the level of private investment down. This penetrating study, the only one of its kind, uses legal analysis as well as historical data to pinpoint the reasons for the initial success of the PSC and for its subsequent and persistent frustrations for investors. The author first examines the original Indonesian contract, along with the variants adopted in Malaysia and the People's Republic of China, and then proceeds to an in-depth analysis of the main clauses and their amendments and execution in all three countries. Taking into account various commissioned surveys and emerging policies and strategies espoused by both governments and industry representatives, he concludes with a detailed proposal for an overhauled contract that allows for meaningful adjustments, or even renegotiation, when the balance of interests between parties changes substantially. Focusing as it does on some central issues in global economic development, The Indonesian Production Sharing Contract will be of great value to lawyers, multinational corporate executives, and policymakers far beyond the Asia-Pacific region.

Progress in Intercalation Research

Progress in Intercalation Research
Author: H.W. de Jong
Publisher: Springer Science & Business Media
Total Pages: 450
Release: 1993-03-31
Genre: Business & Economics
ISBN: 9780792321606

If a book needs a third edition, because the previous ones are sold out, one may well question whether an introduction is necessary. However, the Structure of European Industry was meant to be a flexible book, keeping it in tune with actual developments in the European Community. Some explanation is therefore required. Two new chapters on the services industry have been included, to recognize the growing importance of what is fundamentally a bundle of industries. It is also increasingly acknowledged, that the motorcar industry, for its efficiency and innovativeness, is very much dependent on the numerous suppliers, large and small, of the component parts industry. A chapter, reflecting on the strengths and weaknesses of the European car supplying industries is therefore most welcome. Finally, European competition policy, now fitted out with the Merger Control Regulation is moving more and more towards the centre of stage and the final chapter presents a survey of the ~ims and achievements of this type of policy, up till now steadfastly developed by the EC Commission. For the rest, the chapters which were already in the previous edition, have been updated and have partly been rewritten by the authors concerned. The editor is most grateful to old and new contributors for their efforts to jointly produce a book which, after 12 years, is still unique in providing a European, instead of a national focus on industries and markets.

Financial Market Dynamics after COVID 19

Financial Market Dynamics after COVID 19
Author: Stéphane Goutte
Publisher: Springer Nature
Total Pages: 137
Release: 2022-04-27
Genre: Business & Economics
ISBN: 3030985423

This book analyses the impact of the COVID-19 pandemic in different areas of Finance emphasizing the contagion effect in capital markets. The volume presents evidence-based case studies from the global financial crisis that followed after the onset of the pandemic in March 2020.

Dynamic Modelling and Control of National Economies 1983

Dynamic Modelling and Control of National Economies 1983
Author: T. Basar
Publisher: Elsevier
Total Pages: 489
Release: 2014-05-17
Genre: Business & Economics
ISBN: 1483153312

Dynamic Modelling and Control of National Economies 1983 contains the proceedings of the Fourth IFAC/IFORS/IIASA Conference and the 1983 SEDC Conference on Economic Dynamics and Control held at Washington D.C., USA on June17-19, 1983. Separating the 65 papers presented in the conference as chapters, this book covers a broad class of problems or notions arising both in economic theory, control applications to planning, and implementation issues. Some chapters discuss multi-level interactions of government and private sectors in economic development; inflation and economic policy in an open economy; foreign debt and exchange rate stability in a developing country; and expectations in numerical general equilibrium models. This book also explains a rational decision-making process for resource policymaking; inference of the structure of economic reasoning from natural language analysis; modeling and analysis of a national economy; and methodological issues in global modeling. Econometric analysis of the economic effects of population change, aspects of optimal estimation control strategies in econometrics, and optimal policies for interdependent economies are also discussed. This book will be useful to those engaged in economic and control theory research.