‘frontier region’ Somalia is one of the most promising countries blessed with oil and gas in the Eastern part of Africa. However …In many developing countries, natural resources such as oil and gas have had negative impact on economic development … deposits of oil and gas usually experience lower economic growth than countries that do not have these resources. As a modern …

Oil is the driving force for the modern economy as a cheap energy source and its reliable supply of oil is therefore a … crucial element of economic growth. Oil resources however, are unevenly distributed and concentrated into only a few, on … average, emerging economies. Inefficient and ineffective resource management can jeopardize the secure flow of oil. Especially …

in oil prices and the participation of the different energy sources in global supply. Subsequently, the article will … analyze the geopolitical importance of oil, nuclear and ethanol industries evolution in Brazil, highlighting trends and …

This paper is concerned with the role of oil and gas in the development of the global economy. Its focus is on the … context in which oil and gas producers in both established and developing countries must frame their policies in order to …. It considers oil and gas as factor inputs, their role in global trade, the role of oil prices in the macro-economy and …

This paper analyzes the efficient taxation of oil and capital income in an oil-dependent infinite-lived economy facing … competition and tax restrictions. The optimal tax rates on oil and capital strictly depend on the international tax system … type of tax restrictions and the use of oil (as an input or a consumer good). Under the residence-based system, capital …

When natural gas prices are subject to periodic decoupling from oil prices, for instance due to peak-load pricing … address these issues. Our regime switching model uses price data to infer whether pricing is oil-driven (integrated) or gas …-specific (decoupled). We find that UK natural gas (ICE) and oil (Brent) are cointegrated for the majority of the sample considered (1997 …

When natural gas prices are subject to periodic decoupling from oil prices, for instance due to peak-load pricing … address these issues. Our regime switching model uses price data to infer whether pricing is oil-driven (integrated) or gas …-specific (decoupled). We find that UK natural gas (ICE) and oil (Brent) are cointegrated for the majority of the sample considered (1997 …