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World of Modern Petroleum and the Oil Rent
2013In this chapter, the objective is to unravel the enigma of rent and to present a well-defined theory of rent unique to the global oil industry. The truism of the above citation from Smith’s magnum opus shall be a piece of the puzzle that will hopefully find a specific resolution for the oil industry—albeit without the entrapment of mainstream economics
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Oil rents and the tenure of the leaders in Africa [PDF]
It is often underlined that African oil producing countries are politically unstable as a result of this natural resource. Based on the data relating to the duration in office of 101 heads of States exercises of power of 26 African countries (North Africa and Sub-Saharan Africa), our study finds that: this instability does not appear in the executive ...
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The Chinese in Brunei: From Ceramics to Oil Rent
Archipel, 2011The Chinese in Brunei : From Ceramics to Oil Rent Boni (as Boni 渤 泥 ) is first mentioned in Chinese sources at the end of the 9th century AD. The oldest (1264) Muslim tomb of Brunei is that of a Chinese, Master Pu. During the 14th-16th centuries, the Muslim Chinese were numerous enough in Kota Batu to have their own mosque.
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Natural Rent in the Russian Oil and Gas Sector
Voprosy Ekonomiki, 2010Detailed estimates of the hydrocarbon rent for 1999-2009 are presented. Size, sources, and usage patterns of the hidden rent (which is not included into hydrocarbons prices, but provides the source of energy subsidies) are built for the first time. This part of the natural rent is estimated to vary from 8 to 17% of GDP.
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Oil rent and corruption : the case of Nigeria
2018This study analyses the various mechanisms that explain the leakage of the main source of wealth in Nigeria at all levels of the production and commercialization of oil and gas, from the wellheads, with the bunkering of pipelines, up to the export of crude oil and the import of refined products, including through capital flight to tax havens.
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