s teel industries play a key role in the national economy and welfare of the society in many steel manufacturer countries. it is found that manufacturing and consuming of steel products would be a key indicator to measure and evaluate economic and industrial performance of a country. nowadays, countries with the large natural oil and gas resources (e.g. iran) attempt to select an alternative ec...

petroleum and its subjected economic structurs play a significant role in iran's political social and economic develovement. iranian economy highly depends on oil exports and incomes. oil industry provides almost 50% of national budjet and 80 percent of exportation resources. oil's incomes have fluctuated during different decades and experienced the most increasing trend in (2007-2011...

For help in preparation of this article, thanks to Dylan Davies, Schlumberger Cambridge Research, Ahmad Madjidi, Schlumberger GeoQuest, Abu Dhabi, UAE; Nabil Mazzawi, Schlumberger Wireline & Testing, Tripoli, Libya; Perry Nice, Statoil, Stavanger, Norway; Barry Nicholson, Schlumberger Wireline & Testing, Jakarta, Indonesia; Daniel Roche, Elf, Bergen, Norway; Philippe Rutman and Derek Stark, Sch...

This paper investigates the existence of ownership effects in the global oil and gas industry, i.e. whether there are systematic performance and efficiency differentials between National Oil Companies (NOCs) and privately-owned International Oil Companies (IOCs). The dataset, which is based on a survey published by Energy Intelligence and covers 1,001 firm observation years in the period 1987 t...

X-ray fluorescence (XRF) spectrometry has been used by the oil industry since the 1950s. XRF can be found supporting activities in exploration, production, research as well as intellectual properties. Traditional applications for XRF were the analysis of single element or a limited range of multiple elements. Today, XRF encompasses high precision full spectral elemental profiles along with high...

a r t i c l e i n f o This paper examines the relationship between US crude oil and stock market prices, using a Markov-Switching vector error-correction model and a monthly data set from 1859 to 2013. The sample covers the entire modern era of the petroleum industry, which typically begins with the first drilled oil well in Titusville, Pennsylvania in 1858. We estimate a two-regime model that ...

buy-back contracts in the upstream oil and gas projects of iran, has experienced the third generation of this kind of contracts since its inception on 1373 (1994) when the oil and gas industry of iran opend its petroleum market to the foreign investment. these contracts have since been subject to the various critieques raised by international oil companies, foreign investors, or petroleum exper...

Energy has always been of particular importance to humanity. Oil and gas have been some of the energies that greatly influenced the national security of countries, which produce and consume energy. With the transformation of geostrategic discourse into geo-economic discourse in recent decades and the key role of economics in global relations, oil as the basis of modern industry has enjoyed a hi...

This article is study of Azerbaijan oil and gas industry. It illustrates the business climate, the impact of this sector on Azerbaijan’s economy including role of SOFAZ and highlights recent developments in the energy production and the main concepts of Azeri PSAs. Meanwhile, the article establishes the government policy by indentifying several factors that influenced to attract foreign investm...