Risk Assessment of Transnational Oil Investment Using a Fuzzy Comprehensive Evaluation Method

Haitao Ma; Zhan Sun; Chuanglin Fang

doi:10.20944/preprints201804.0261.v1

Preprint Article Version 1 This version is not peer-reviewed

Risk Assessment of Transnational Oil Investment Using a Fuzzy Comprehensive Evaluation Method

Haitao Ma ^* ,

Zhan Sun ,

Chuanglin Fang

Version 1 : Received: 19 April 2018 / Approved: 20 April 2018 / Online: 20 April 2018 (09:11:15 CEST)

How to cite: Ma, H.; Sun, Z.; Fang, C. Risk Assessment of Transnational Oil Investment Using a Fuzzy Comprehensive Evaluation Method. Preprints 2018, 2018040261 (doi: 10.20944/preprints201804.0261.v1). Ma, H.; Sun, Z.; Fang, C. Risk Assessment of Transnational Oil Investment Using a Fuzzy Comprehensive Evaluation Method. Preprints 2018, 2018040261 (doi: 10.20944/preprints201804.0261.v1).

Abstract

Oil has become the object of global exploits and fierce competition among the major world powers as it is a key strategic non-renewable resource. Transnational petroleum investment is therefore an important mechanism available to countries and international corporations to control oil resources even though there are numerous inherent uncertainties and risks. A new risk assessment index system is proposed in this paper based on use of the Delphi expert scoring system and fuzzy comprehensive evaluation that aims to minimize the potential risks inherent to multinational petroleum investment. This approach encapsulates political, legal, socioeconomic, and infrastructural factors to develop a technical method that can be used for transnational petroleum investment risk assessment. An evaluation of oil investment risk within a case study area is also presented; results provide reference data that can be applied by national and international oil companies to mitigate risks of transnational oil investment.

Subject Areas

transnational oil investment, risk assessment, Fuzzy-Grey comprehensive evaluation, Delphi expert scoring system, risk factors, evaluation indicators system

Copyright: This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Download PDF

Comments (0)

Your full name

Your affiliation information (e.g., name of your university/institution/organization)

Not displayed online.

Your Email address (not made public)

Please leave your comment to this article below.

Mathematical equations can be typed in either LaTeX formats \\[ ... \\] or $$ ... $$, or MathML format <math> ... </math>. Try the LaTeX or MathML example.

Type equation:

Preview:

Copy equation into message below

Close menu

Please click a symbol to insert it into the message box below:

Please enter the link here:

Optionally, you can enter text that should appear as linked text:

Copy link into message below

Close menu

Please enter or paste the URL to the image here (please only use links to jpg/jpeg, png and gif images):

Copy image into message below

Close menu

Type author name or keywords to filter the list of references in this group (you can add a new citation under Bibliography):

No existing citations in Discussion Group

Wikify editor is a simple editor for wiki-style mark-up. It was written by MDPI for Sciforum in 2014. The rendering of the mark-up is based on Wiky.php with some tweaks. Rendering of mathematical equations is done with MathJax. Please send us a message for support or for reporting bugs.

Close menu

Please declare any conflicts of interest you may have with this paper, financial or otherwise.

I do not have a conflict of interest

I would like to declare a conflict of interest

Display my name on the website I want to get recognition for my comment on Publons

[what’s this?]. Link your accounts here

Captcha

Renew

I accept the following conditions:

Comments must follow the standards of professional discourse and should focus on the scientific content of the article. Insulting or offensive language, personal attacks and off-topic remarks will not be permitted. Comments must be written in English. Preprints reserves the right to remove comments without notice. Readers who post comments are obliged to declare any competing interests, financial or otherwise.

We encourage comments and feedback from a broad range of readers. See criteria for comments and our diversity statement.

Leave a public comment
Send a private comment to the author(s)

Get PDF Cite Share

Bookmark BibSonomy Mendeley Reddit Delicious Publons

Alerts

Notify me about updates to this article or when a peer-reviewed version is published.