Investment in the petroleum industry is heavily exposed to various risks due to their capital-intensive nature, high initial investment, and long-lived and highly specific asset. Risk assessment methods should consider the analysis and effect of key risks on profitability indicators of such...

Purpose: The main purpose of this article is to explore the trade-off between ordering policies and disruption risks in a dual-sourcing network under specific (or not) service level constraints, assuming that both supply channels are susceptible to disruption risks. Design/methodology/approach:...

Former generation capacity expansion models were formulated as optimization problems. Theseincluded a reliability criterion and hence guaranteed security of supply. The situation is differentin restructured markets where investments need to be incentivised by the margin resulting fromelectricity...

ILO pub-WEP pub. Working paper, case study of technological change at the Yacimientos Petroliferos Fiscales petroleum refinery (public enterprise) in Argentina, 1950-1980 - discusses technical aspects; considers short term and long term factors influencing decision making concerning...