Decommission of ageing infrastructure seem not to be part of the Nigerian petroleum industry lexicon as what exist in the petroleum Act is abandonment. By abandonment it means leaving behind materials in situ after the expiration of the life of the asset. But there are much more to abandonment....

There is a great hype about Brazil's pre-salt oil potential and the impact it will eventually have on the global oil market. Some sources say that it could vault Brazil to seventh place in the world rankings in terms of proven oil reserves behind Saudi Arabia, Venezuela, Iran, Iraq, Kuwait and...

This paper estimates a stochastic production frontier, to investigate whether municipalities covered by oil royalties in the last decade have reduced their tax effort in Brazil. The issue is relevant to the prospect of a substantial increase in these revenues and the new rules for distribution...