Returns and risks in the petroleum business-comparison of existing risk evaluation methods-

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  • 石油鉱業におけるリターンとリスク―既存リスク評価法の比較―
  • セキユ コウギョウ ニ オケル リターン ト リスク キソン リスク ヒョウカホウ ノ ヒカク
  • —comparison of existing risk evaluation methods—
  • ―既存リスク評価法の比較―

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Abstract

The petroleum business, especially exploration is characterized by its extremely high risk nature. Firstly in this review, the key concepts and terms such as return, risk and uncertainty are clearly defined. Then, the existing risk evaluation methods are critically reviewed in terms of their strength and weakness in relation to their application to petroleum business.

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