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...

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...