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We present a new dataset that tracks changes in legal ownership regimes in the petroleum sector between 1867 and 2008 for a panel of countries. We document that foreign ownership has been taken over by partnerships as the leading ownership regime, while domestic ownership is on the rise again in...
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In this paper, we discuss potential developments of the world natural gas industry at the horizon of 2030. We use the … World Gas Model (WGM), a dynamic, strategic representation of world natural gas production, trade, and consumption between … 2005 and 2030. We specify a "base case" which defines the business-as-usual assumptions based on forecasts of the world …
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The development of petroleum resources through cooperative rather than competitive mechanisms has assumed great importance globally. Unitization is the joint, coordinated operation of a petroleum reservoir by all the different owners of the reservoir; it is the best mechanism for assuring the...
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