Ownership And Control Of Oil

Author : Bianca Sarbu
Publisher : Routledge
Page : 219 pages
File Size : 46,5 Mb
Release : 2014-05-09
Category : Technology & Engineering
ISBN : 9781317695448

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Ownership and Control of Oil by Bianca Sarbu Pdf

Ownership and Control of Oil examines government decisions about how much control to exert over the petroleum industry, focusing on the role of National Oil Companies in the production of crude oil since the nationalizations in the 1970s. What are the motives for which some producing states opt for less and NOT more control of their oil production sector? When can International Oil Companies enter the upstream industry of producing states and under what conditions? The diversity of policy choices across producers provides the stage for this investigation: different theoretical explanations are confronted, with the empirical evidence, with the aim of finally proposing an interdisciplinary framework of analysis to explain who controls oil production around the world. This book is intended for both specialists and general readers who have an interest in the issue of government control of the petroleum industry. Due to its multidisciplinary approach, the book is aimed at a large academic public composed of scholars of Political Science, International Political Economy, Comparative Politics, and Middle East Area Studies. Moreover, this book should be relevant to international consultants, industry professionals and decision-makers in countries assessing their experience with existing control structures as well as the many countries in the process of joining the ‘petroleum club’ of oil producing nations.

Author : Oilfields Workers' Trade Union
Publisher : Unknown
Page : 96 pages
File Size : 43,6 Mb
Release : 1982
Category : Labor unions
ISBN : UIUC:30112087810542

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Our Fight for People's Ownership and Control of the Oil Industry by Oilfields Workers' Trade Union Pdf

Author : Dag Harald Claes
Publisher : Unknown
Page : 0 pages
File Size : 46,5 Mb
Release : 2018
Category : Offshore oil industry
ISBN : 1785360175

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The Politics of Oil by Dag Harald Claes Pdf

The Politics of Oil brings together legal studies, economics, and political science to illustrate how governments gain and exercise control over oil resources and how political actors influence the global oil market, both individually and in cooperation with each other. The author also investigates the role of oil in preserving regime stability, in civil wars and in inter-state conflicts, as well as discussing the possible implications for the oil industry from policies to combat climate change.

Author : David G. Victor,David R. Hults,Mark C. Thurber
Publisher : Cambridge University Press
Page : 1035 pages
File Size : 44,5 Mb
Release : 2011-12-08
Category : Political Science
ISBN : 9781139502887

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Oil and Governance by David G. Victor,David R. Hults,Mark C. Thurber Pdf

National oil companies (NOCs) play an important role in the world economy. They produce most of the world's oil and bankroll governments across the globe. This book explains the variation in performance and strategy for NOCs and provides fresh insights into the future of the oil industry.

Author : Silvana Tordo
Publisher : World Bank Publications
Page : 149 pages
File Size : 49,5 Mb
Release : 2011-07-13
Category : Business & Economics
ISBN : 9780821388310

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National Oil Companies and Value Creation by Silvana Tordo Pdf

National Oil Companies (NOCs) directly or indirectly control the majority of oil and gas reserves. As such, they are of great consequence to their country's economy, to importing countries' energy security, and to the stability of oil and gas markets. The paper analyzes the available evidence on the objectives, governance and performance of 20 NOCs from both net importing and net exporting countries, and draws conclusions about the design of policies and measures that are more likely to lead to social value creation. NOCs differ from private companies on a number of very important variables, including the level of competition in the market in which they operate, their business profile along the sector value chain, and their degree of commercial orientation and internationalization. Most share some core characteristics: they are usually tied to the 'national purpose' and serve political and economic goals other than maximizing the firm's profits. This paper introduces a conceptual model to analyze value creation by NOCs that takes into consideration their complex objective function. Our analysis aims to answer the following questions: Are certain corporate governance arrangements more suited than others to promote value creation? Is good geology a pre-condition for NOC value creation? Are there benefits from exposing the NOC to competition from private oil companies? Does the development of forward and backward linkages hamper NOC value creation?

Author : Øystein Noreng
Publisher : Routledge
Page : 264 pages
File Size : 49,5 Mb
Release : 2021-10-19
Category : Business & Economics
ISBN : 1003025285

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The Oil Business and the State by Øystein Noreng Pdf

"National oil companies are big business with about eighty percent of the world's proven oil reserves, and they are crucial to the world's energy supplies. They are giants, some of the world's largest companies, measured by market capitalisation, cash-flow and investment. Little is known about their modus operandi, how they make decisions about investment and production, or about relations with their government owners. However, it is known that they conduct business with a political mandate, often with multiple long-term objectives, broadly defined and hard to quantify. Unclear mandates give national oil companies leeway to pursue their own distinctive interests, apart from those of the government owner. As investors, governments are less zealous than private investors. They generally observe multiple objectives, not only return on capital. Therefore, the senior management of national oil companies enjoy more discretionary power and consider longer time horizons than their counterparts in the private sector. The Oil Business and the State explains the practice of state ownership in a capital-intensive industry with high risks and high return, and how these companies act in a market with imperfect competition. This book looks to give readers more insight into the oil industry, into the background of oil exporting countries, as well as the economic and political challenges confronting them, including problems of state ownership. The book discusses wider consequences of China replacing the United States as the world's leading oil importer. It will be of interest to researchers, academics, and students in the fields of international business, management history, corporate governance, political economy and economic development of oil rich countries"--

Author : United States. Office of International Energy Affairs
Publisher : Unknown
Page : 104 pages
File Size : 46,7 Mb
Release : 1974
Category : Energy policy
ISBN : UOM:39015031343810

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Report to Congress on Foreign Ownership Control and Influence on Domestic Energy Sources and Supply (Public Law 93-275, Section 26) by United States. Office of International Energy Affairs Pdf

Author : Alexander Huurdeman,Anastasiya Rozhkova
Publisher : World Bank Publications
Page : 296 pages
File Size : 55,7 Mb
Release : 2019-05-16
Category : Business & Economics
ISBN : 9781464813856

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Balancing Petroleum Policy by Alexander Huurdeman,Anastasiya Rozhkova Pdf

Petroleum discovery in a country presents its policy makers with a challenging and complex task: formulating and agreeing on policies that will shape the country’s petroleum sector and guide the translation of the newly discovered resources into equitable and sustainable economic and social growth for the nation over the long term. Balancing Petroleum Policy provides policy makers and other stakeholders with the basic sector-related knowledge they need to embark on this task. It introduces a number of topics: the petroleum value chain and pivotal factors affecting value creation, a consultative process for developing a nation’s common vision on key petroleum development objectives, design of a legislative and contractual framework, petroleum fiscal regimes and their administration, prudent fiscal management, transparency and governance, environmental and social safeguards, and economic diversification through industrial linkages. Although much of the material is relevant to designing policies for the development of the petroleum sector in general, the book gives special focus to developing countries, countries in a federal or devolved setting, and countries that have experienced or are still experiencing civil conflict. With this focus in mind, the book examines three questions—ownership, management, and revenue sharing of petroleum resources—that are central to petroleum policy in any federal or devolved state. It also offers important perspectives on how to prevent violent conflicts related to such resources. Petroleum policies tend to vary significantly from country to country, as do the objectives that such policies aim to achieve in the specific context of each particular country. Although there is no one-size-fits-all policy and there are no clear-cut answers to the many potential policy dilemmas associated with the discovery of petroleum resources, this publication may help policy makers find the right balance among the chosen objectives—and the right policy choices to achieve these objectives.

Author : Pauline Jones Luong,Erika Weinthal
Publisher : Cambridge University Press
Page : 128 pages
File Size : 54,7 Mb
Release : 2010-08-23
Category : Political Science
ISBN : 9781139491150

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Oil Is Not a Curse by Pauline Jones Luong,Erika Weinthal Pdf

This book makes two central claims: first, that mineral-rich states are cursed not by their wealth but, rather, by the ownership structure they choose to manage their mineral wealth and second, that weak institutions are not inevitable in mineral-rich states. Each represents a significant departure from the conventional resource curse literature, which has treated ownership structure as a constant across time and space and has presumed that mineral-rich countries are incapable of either building or sustaining strong institutions - particularly fiscal regimes. The experience of the five petroleum-rich Soviet successor states (Azerbaijan, Kazakhstan, the Russian Federation, Turkmenistan, and Uzbekistan) provides a clear challenge to both of these assumptions. Their respective developmental trajectories since independence demonstrate not only that ownership structure can vary even across countries that share the same institutional legacy but also that this variation helps to explain the divergence in their subsequent fiscal regimes.

Author : United States. Congress. House. Select Committee on Small Business
Publisher : Unknown
Page : 1976 pages
File Size : 48,5 Mb
Release : 1957
Category : Electronic
ISBN : UOM:39015074735401

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Hearings by United States. Congress. House. Select Committee on Small Business Pdf

Author : Kyuka Usman
Publisher : African Books Collective
Page : 516 pages
File Size : 42,8 Mb
Release : 2017-09-29
Category : Law
ISBN : 9789785545357

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Nigerian Oil and Gas Industry Laws by Kyuka Usman Pdf

Though predominantly on oil and gas law, this is nonetheless a veritable Reference Book on the oil and gas industry in Nigeria. It places before anyone interested in the oil and gas industry basic and critical oil and gas issues not in common circulation in existing texts on the subject. The book is arranged in such a chronological order, like reference books and dictionaries tend to be,that a lay person in going through it would now know how oil is explored and found,how oil fields may be onshore and offshore, how oil blocs are bidded for, how oil is drilled, including associated gas deposits, among others. The transportation of oil and gas, storage of oil and gas, refining of oil and processing of gas, marketing of oil and gas,the impact of oil and gas exploration, production and revenues on the Nigerian environment, politics and economy and a myriad of other issues are comprehensively covered. The book should prove most useful to the lawyer, petroleum geologist, petroleum engineer, policy makers, investors, local and international development agencies and bodies, lecturers and students specialising in wide ranging subjects as economics, development studies, engineering, management, public administration, insurance, marketing, accounting and finance.

Author : Robert J. Larner
Publisher : Unknown
Page : 340 pages
File Size : 42,6 Mb
Release : 1968
Category : Corporations
ISBN : WISC:89010824373

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Separation of Ownership and Control and Its Implications for the Behavior of the Firm by Robert J. Larner Pdf

Author : Anonim
Publisher : Unknown
Page : 126 pages
File Size : 44,8 Mb
Release : 1988
Category : Mineral industries
ISBN : UCLA:L0072862402

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1987 Census of Mineral Industries: Subject series by Anonim Pdf

Author : United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust and Monopoly
Publisher : Unknown
Page : 502 pages
File Size : 41,5 Mb
Release : 1974
Category : Antitrust law
ISBN : MINN:31951P007878265

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The Industrial Reorganization Act: The energy industry by United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust and Monopoly Pdf

Author : United States. Congress
Publisher : Unknown
Page : 1454 pages
File Size : 53,8 Mb
Release : 1971
Category : Law
ISBN : HARVARD:32044116494014

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Congressional Record by United States. Congress Pdf

The Congressional Record is the official record of the proceedings and debates of the United States Congress. It is published daily when Congress is in session. The Congressional Record began publication in 1873. Debates for sessions prior to 1873 are recorded in The Debates and Proceedings in the Congress of the United States (1789-1824), the Register of Debates in Congress (1824-1837), and the Congressional Globe (1833-1873)