Die kaspische Region hat das Potential, zu einem bedeutenden Förderer und Exporteur von Erdgas und Erdöl zu werden. Die Rohstoffvorkommen werden ähnlich groß geschätzt wie die der Nordsee. Da die Nachfrage nach Erdöl in den nächsten Jahren weltweit zunehmen wird, ist für die kaspische...

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...

The Central Asian/Transcaucasian region has the potential to become a significant producer and exporter of oil and gas. Estimates of its reserve base are on the scale of the North Sea. Over the next decade, as world oil demand continues to grow, the region will gain in importance by helping to...