This study examines the out-of-sample predictability of expected skewness of oil price returns, which serves as a metric for global future risks, as we show statistically through the association with crises of different nature, for stock returns of 10 (8 advanced plus two emerging) countries...

Oil prices have been increasingly volatile since 2004. However, the impact of this volatility on domestic end-user prices differs significantly by fuel and country. Some countries fully pass through global price movements to domestic end-user prices, and some countries freeze domestic fuel...

Carbon capture and storage (CCS) is no silver bullet but could be a nugget of gold. It is a way to ensure that strategic industries can be both decarbonised and kept in Europe. The EU should instrumentalise the technology to become the world's carbon banking hub and setter of the global CO2...

Carbon capture and storage (CCS) is no silver bullet but could be a nugget of gold. It is a way to ensure that strategic industries can be both decarbonised and kept in Europe. The EU should instrumentalise the technology to become the world's carbon banking hub and setter of the global CO2...

The oil and gas industry, with numerous supply chain partners, significantly contributes to the world economy. This industry's operations involve complex processes and interactions with different stakeholders, leading to many drivers contributing to its complexity. This study identifies...

The security situation of the global petroleum industry chain and supply chain network has undergone significant changes, especially during events such as the pneumonia pandemic. As a country with significant changes in the petroleum industry and supply chain, studying China is of great...

This article explores the economic and political implications of de-dollarization in Saudi oil transactions, by focusing on the European Union countries. It examines how an increased euro usage in these transactions influences the real exchange rate of the euro against the dollar and the volume...

Aim: This study honors the pioneering work by André Dorsman on energy finance, especially on oil prices and company performance. The objective is to investigate the relationship between the global oil price and the profitability of Dutch companies. Design / Research methods: In our research, a...

Saudi Arabia has mixed expectations ahead of Donald Trump’s imminent second presidency. On the one hand, the royal family maintains close business relations with the president-elect and his entourage, which could lead to privileged access to the White House. On the other hand, Trump’s Middle...

After the closure of many facilities in the oil and gas sector, which consequently resulted in high and sudden unemployment rates, the Scottish government established a fund to help the affected workers re-skill and further train themselves in order to find employment again.

Iran's Petroleum Contract "IPC" as a risk service contract, contains some important improvements and features in order to attract foreign investments and know-how to the long-standing oil industry of Iran. However, the views of international oil companies ("IOC") towards contractual regimes in...

We examine the rise of dark shipping – oil tankers disabling AIS transceivers to evade detection – amid Western sanctions on Iran, Syria, North Korea, Venezuela, and Russia. Using a machine learning-based ship clustering model, we track dark-shipped crude oil trade flows worldwide and detect...

The oil and gas industry remains vital to the global economy, yet its operations contribute significantly to environmental degradation, one of the most urgent challenges of the 21st century. This study explores the lived experiences of those directly impacted by the negative externalities of oil...

Saudi Arabia announced its ambitious goal to produce around 50 % of its electricity from renewable energy sources as part of its Vision 2030. The impact of this country's energy policy on economic-related areas has been the subject of intense research in the last decade. The aim of the study is...

The transition to a low-carbon economy requires a contraction of fossil fuel sectors, raising questions about the labor market costs of reallocation. We study the 2014 oil price shock as a natural experiment to examine the contraction of Norway’s oil industry. Using matched employer–employee...

How large are the productivity differences arising from micro-level distortions, and how much of that is due to tax policy? Using over a century of field-level data (1900-2023), this paper examines the role of field-level revenue taxes in explaining misallocation in the oil and gas industry, a...

Ghana's energy transition illustrates the broader challenge of integrating renewable energy into fossil fuel-dependent economies. Despite successive policy commitments, the country has consistently prioritised fossil fuels and, more recently, nuclear power over new sources of renewable energy...

The Earth is currently experiencing global warming, which is mostly the result of human activity. Nevertheless, it is still not clear how much human resources management actually controls these operations, and studies trying to determine this relationship have produced conflicting findings....

Petroleum-producing countries face unique challenges in meeting global emissions targets. As global petroleum consumption declines, these nations must reallocate resources and phase out a historically profitable industry. This study examines Norway's economic transformation resulting from a...

Purpose The purpose of this study is to investigate the moderating effects of board characteristics such as board size, chief executive officer duality, number of board meetings, and diversity, on the relationship between intellectual capital efficiency and firm value in the Nigerian oil and gas...

In the study, quantile regression (QR) is employed as the primary research tool, with ordinary least squares (OLS) regression used for comparison purposes. The motivation for this research stems from conflicting findings in existing literature regarding the spillover effects of Brent crude oil...