'Shooting up like a rocket, drifting downward like a feather in the wind,' or so goes the perception of petroleum product prices. This became the focus of public attention world over in 2008, when the...
'Shooting up like a rocket, drifting downward like a feather in the wind,' or so goes the perception of petroleum product prices. This became the focus of public attention world over in 2008, when the...
The sharp price increases in the world oil market in 2007 and 2008 took everyone by surprise. And just as some oil analysts were forecasting US$200 a barrel or even higher, the oil price collapsed in the...
The sharp price increases in the world oil market in 2007 and 2008 took everyone by surprise. And just as some oil analysts were forecasting US$200 a barrel or even higher, the oil price collapsed in the...
A number of developing countries have established petroleum revenue funds. A recent study constructed a scoreboard comparing sovereign wealth funds from around the world, most of them deriving income from...
A number of developing countries have established petroleum revenue funds. A recent study constructed a scoreboard comparing sovereign wealth funds from around the world, most of them deriving income from...
Norway, Alaska, and Alberta have been operating petroleum revenue funds which are considered among the successful nonrenewable resource funds. Rules governing the three funds are quite different, from...
Norway, Alaska, and Alberta have been operating petroleum revenue funds which are considered among the successful nonrenewable resource funds. Rules governing the three funds are quite different, from...
Creating and operating a petroleum revenue fund entails a large number of steps. If the fund is a separate legal entity, a legal framework for the fund needs to be established. Fund objectives, deposit...
Creating and operating a petroleum revenue fund entails a large number of steps. If the fund is a separate legal entity, a legal framework for the fund needs to be established. Fund objectives, deposit...
Some petroleum revenue funds have been upheld as models for successful nonrenewable resource management. But international experience with petroleum revenue funds has been mixed. Where they have failed...
Some petroleum revenue funds have been upheld as models for successful nonrenewable resource management. But international experience with petroleum revenue funds has been mixed. Where they have failed...
Some petroleum revenue funds have been upheld as models for successful nonrenewable resource management. But international experience with petroleum revenue funds has been mixed. Where they have failed...
Some petroleum revenue funds have been upheld as models for successful nonrenewable resource management. But international experience with petroleum revenue funds has been mixed. Where they have failed...
Refining is a capital-intensive industry in a market driven by divergent forces - cleaner fuels to address local air pollution; greater fuel efficiency against the backdrop of record oil prices; and steadily...
Refining is a capital-intensive industry in a market driven by divergent forces - cleaner fuels to address local air pollution; greater fuel efficiency against the backdrop of record oil prices; and steadily...
The petroleum sector briefing notes up to this issue have focused on upstream exploration and production. But crude oil has to be traded, refined, and marketed before it can be used. This note describes...
The petroleum sector briefing notes up to this issue have focused on upstream exploration and production. But crude oil has to be traded, refined, and marketed before it can be used. This note describes...
The flows of oil revenues are quite complex. This note presents the results of two hypothetical simulations one a progressive production sharing regime and the other regressive - to illustrate qualitatively...
The flows of oil revenues are quite complex. This note presents the results of two hypothetical simulations one a progressive production sharing regime and the other regressive - to illustrate qualitatively...