When evaluating new investment projects, oil companies traditionally use the discounted cashflow method. This method requires expected cashflows in the numerator and a risk adjusted required rate of return in the denominator ...

Enhanced understanding of the factors determining transnational companies’ localisation decisions is important for regulators and other stakeholders concerned about maintaining current activity levels in a petroleum producing ...

The current high oil price is partly due to low investments in the oil industry the last decade. According to economic theory, exploration and development of new oil and gas fields should respond positively to increasing ...

Two recent noticeable international developments in the petroleum industry have been mergers and acquisitions, and the opening of new oil producing provinces for transnational oil companies. Both factors contribute to ...

Med oljeselskaper som case, beskrives noen av verdsettingsmetodene som brukes av analytikere og investeringsbanker. De finansielle indikatorene markedet benytter danner en insentivstruktur for ledelsen i selskapene. I ...

Producers or consumers faced with an increase in taxes are usually able to shift parts of it to other levels in the value chain. We examine who are actually bearing the burden of increased taxes on natural gas in the EU-area ...

When making international capital budgeting decisions, energy companies are often faced with capital and organisational constraints. The constraints may be real or management imposed. In addition, when entering into a new ...

Analysts often rely on a given set of accounting figures for evaluating the financial performance and relative valuation of oil and gas exploration companies. However, the relative importance of these various measures in ...

Rapporten går igjennom styringssignaler som aksjemarkedet gir til børsnoterte selskaper, og relaterer dette til agentteori. Oljeselskaper benyttes som case. Markedet responderer på finansielle signaler fra selskapene. ...