This study attempts to resolve two important issues. First, it investigates the diversification benefit of crude oil for equities. Second, it examines whether or not crude oil derivatives transactions by oil and gas producers can change shareholders' wealth. With these two major goals in mind, I...

Acknowledgments -- Introduction. p.1 -- 1. Early years in the West. p.7 -- 2. Oil and railroads in Southern California, 1892-1902. p.23 -- 3. The birth of the Mexican oil industry, 1900-1910. p.52 -- 4. Return to California, 1908-1912. p.87 -- 5. Creating an international oil company, 1912-1915....

Abstract: British and US oil companies set up the world's largest oil refinery transhipment complex in the Caribbean after the Suez Crisis and a technological revolution in oil tanker design in 1956. Trinidad and Tobago became one of the world's largest oil refinery and transhipment centres. In...

ENGLISH ABSTRACT: Successful merger and acquisitions (M & A) from a financial perspective increases shareholder value. This paper examines the effect of corporate mergers and acquisitions (M & A) on shareholder value. A discussion on shareholder value follows with reasons why companies choose M...

ENGLISH ABSTRACT: The increasing global demand for and dependency on oil provides tremendousopportunities for oil-producing countries. Supported by the unprecedentedeconomic growth in developing countries such as China and India, the globaldemand for oil is estimated to increase by 50% from the...

The retail and distribution industry in Botswana's deregulated economy is one of the largest and most difficult sectors in which to operate, mainly because of levels of competition amongst Botswana companies and the global competitive industry, in general. Hill (2000:539) postulates that...