This article explores the history of oil exploration in colonial Nigerian between c.1903 and 1958 when the first shipment of Nigerian crude oil arrived in Rotterdam. It debunks the two most persistent myths in Nigerian oil historiography namely that oil exploration dates back to 1908 when the...

"Government resource decisions in the Arctic typically involve complex issues; multiple criteria are used to choose among alternatives. This complexity is even greater with petroleum development because of concerns about national energy security, environmental impacts, and economic development....

This paper develops a framework that analyzes how mergers and acquisitions in Alberta’s oil and gas industry affect stock prices. In this experiment, a multivariate regression is applied to several industry-specific variables to determine if they have impacts on the abnormal stock returns of...

In Mexico the possibility of producing biofuels has generated a wide range of political, economical and technical comments and opinions. This is due mainly to the fact that the oil industry has contributed heavily to the direct financing of the Mexican government for the last 70 years, in 2007...

This is a study about the growth of oil industry and its economic and political repercussions in Brazil. It combines an industrial analysis with an empirical assessment of the impact of oil royalties on municipal fiscal transparency in Brazil.This paper begins with an overview of the future of...

A study of the oil industry in its modern development from the 1850s to 1973. During this period the industry underwent significant changes in terms of its productive expansion, the diversity of its products, its role in general production, its corporate organisation and in terms of its...

Most international oil companies have historically used South Africa as their regional headquarters from which to drive their strategies within the South African Developing Community (SADC) region. The SADC based companies or subsidiaries view South Africa as a head office of the international...

The purpose of this study is to construct a macroeconometric model for theSaudi Arabian economy in order to assess the effects of external shocks through suchvariables as the price of (oil) exports, real (oil) exports, and the price of imports. Thismodel follows the methodology of the aggregate...

The main purpose of this work is to examine the role of legal and contractual terms, and domestic policies in attracting and dealing with oil investment in both developing and developed countries. Sudan and the UK are used as case studies, since both countries discovered oil in the early 1970s....

The oil sector and the choice of accounting system in Libya are very important factors that have the potential to affect Libya's economic development. Revenue from the oil sector forms the bedrock of Libya's economy and the accounting system used to report the performance of the oil sector...