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| December 2005 |
| Vol. II Issue. 28; 28 December 2005 |
| Hydrocarbon Resource Ownership: Revenue sharing between Centre & States - 28 December 2005 |
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"There are countries that take more than 90 per cent of profits leaving only 10 per cent for companies and there are generous countries that take less than 50 per cent of the profits. The manner in which tax revenues are finally shared depends critically on politics and in particular on the nature of federalism in the country involved..."
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| Vol. II Issue. 26; 14 December 2005 |
| Peculiar Risks in Oil and Gas Industry: Management through Derivatives - 14 December 2005 |
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"A refiner fearing that a currently profitable spread will disappear, can buy a crack spread put option. A large user of refined products fearing that the spread will grow while the price of crude oil is stable, can buy a crack spread call option to compensate for potentially large increases in petroleum product prices when refinery margins grow..."
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| Vol. II Issue. 25; 07 December 2005 |
| Oil Price Risk Management through Derivatives - 07 December 2005 |
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"Independent producers want protection from low crude oil prices and they sell to refiners who want protection from high prices. Refiners want protection from low product prices and they sell to storage facilities and customers who are concerned about high prices. At each stage, suppliers and purchasers can spilt the risk in order to ally their concerns..."
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| November 2005 |
| Vol. II Issue. 22; 16 November 2005 |
| Derivative Instruments for Risk Management in Global Oil Trading - 16 November 2005 |
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"Forward contract sets a price or pricing formula with which the buyer and seller are able to reduce or eliminate uncertainty with respect to the sale price of the commodity in the future. Knowing the prices with certainly may allow forward contract users to better plan their commercial activity. The contract may contain miscellaneous terms or conditions, such as establishing the responsibilities of the parties..."
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| 2005 :
Apr-Jun
| Jul-Sep
| Oct-Dec
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