The theory of geographical markets is based on the notion that economic activity is not evenly spread and regional inequalities have an impact on the decisions of economic agents. Retail gasoline markets are almost perfect examples of geographical markets. The gasoline sold by the stations is a...

The Hungarian oil company (MOL) and the national electricity holding (MVM) counted as the largest socialist enterprises already 30 years ago. Prior to 1990, they were roughly of the same size in respect of sales and employment, as well. Since the regime change, however, their development paths...

The Hungarian oil company (MOL) and the national electricity holding (MVM) counted as the largest socialist enterprises already 30 years ago. Prior to 1990, they were roughly of the same size in respect of sales and employment, as well. Since the regime change, however, their development paths...

Russian Abstract: Июнь стал в определенном отношении переломным месяцем в развитии нынешнего кризиса в российской экономике. По предварительным данным Росстата, в июне...

Russian Abstract: Одним из основных факторов сокращения предложения и, соответственно, роста цен на нефть в первом квартале 2021 г. стало добровольное решение Саудовской...

Russian Abstract: Пересмотр базового уровня сокращения добычи нефти для ОАЭ позволил достичь компромисса в переговорах по продлению сделки ОПЕК+. Взамен ОАЭ поддержали...

Thai Abstract: บทความนี้วิเคราะห์ระบบการคลังปิโตรเลียมของประเทศไทยภายใต้ระบบสัมปทาน Thailand I และ Thailand III...

We consider a mining or other extractive project, which is fulfilled on the basis of a production-sharing agreement. These agreements provide for production sharing on the basis of current IRR or current R-factor. The implications of using such production sharing mechanisms are studied with the...