This study examines the impact of uncertainty on mergers and acquisition (M&A) activity. We focus on product market uncertainty in the oil and gas sector. Analysing this industry enables us to construct a natural forward-looking measure of product market uncertainty, namely the implied crude oil...

This Article describes how the researcher defines the Area of Research, Identifies the Business Problem, Research Gaps, Theoretical Underpinning and Theoretical Gap, Aligns the Research Gaps with Theoretical Gap and Formulates the Research Problem, Research Questions, Research Objectives, Frames...

Oil and gas industry remains the basic sector of Russian economy playing the key role in shaping revenues of the state budget and the country's trade balance. In 2014 the national crude oil output reached its maximum over the period since 1990. In the second half of the year the sector's...

The crossroads of urban development and improved technology allowing oil and gas development in new areas can result in contentious community issues. The debate over one of the improved technologies – i.e., hydraulic fracturing – can be highly emotional. Consequently, industry must address...

Both the shale gas and oil are the potential sources of energy. This potential is considered ‘game-changer' in the international energy market. Pakistan is ranked among top 10 countries in the world, which has big resources of shale oil and gas, i.e. 9 billion barrel and 105 trillion cubic...

Although oil and gas exploration has been going on in East Africa for decades, until recently exploration activities grew more slowly compared to other regions in Africa. Today, there has been a series of oil and gas discoveries in several East African countries, including Kenya, Madagascar,...

Steadily increasing demand for water poses a threat to sustainabledevelopment, and an increasing number of regions are chronicallyshort of water. Putting caps on water consumption, increasing water useefficiencies, and supporting improved sharing of water resources are nowcritical to reducing...