Managing political and investment risk in the international oil and gas industry
Journal: IRL - University of Missouri, St. Louis (University of Missouri–St. Louis)
Year: 2015

The effectiveness with which political and investment risk are managed in the oil and gas industry are important for several reasons. First, oil and gas are essential for sustaining current economic activity and promoting economic growth. Second, the balance between supply and demand determines the price of oil and gas. Therefore the price and availability of oil and natural gas are also matters of national security. Third, the search for a secure supply of oil and gas affects the political, mil