Oil Titans

Oil Titans PDF Author: Valerie Marcel
Publisher: Brookings Institution Press
ISBN: 9780815754725
Category : Political Science
Languages : en
Pages : 348

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Book Description
A Brookings Institution Press and Chatham House publication Ninety percent of the world's oil reserves are entrusted to state-owned companies. Originally created as political instruments, these so-called national oil companies (NOCs) face new demands amid today's dwindling oil reserves and simmering social pressures. Increasingly, state-owned oil firms—particularly in the Middle East—are having to balance the political demands of their governments with the need to be commercially competitive. In this ground-breaking new volume, Valerie Marcel draws on unprecedented access to the politicians, engineers; and businessmen directing five Middle Eastern state oil companies to shed light on one of the most secretive segments of the international oil industry. The author tells the stories of Saudi Aramco, Kuwait Petroleum Corp., the National Iranian Oil Co., Sonatrach of Algeria, and the Abu Dhabi National Oil Co.—oil titans which together produce one quarter of the world's oil and hold half of the world's known oil and gas reserves. Dr. Marcel explains the complex bond between each state and its oil company, tracing the relationship's evolution from the politically charged days of foreign concessions to today's world of profit-driven decisionmaking. Drawn from over 120 interviews with company executives, middle managers, and oil-ministry officials, the author identifies a number of surprising new trends in these companies' strategy, and she paints a picture of their nascent sense of corporate identity. The book provides rare, up-to-date insight into how state-owned companies are striking a balance between their national mission and their commercial needs. The book also provides an insider's guide to these companies' unique culture. Executives and researchers in the region—both inside and outside the oil industry—will find it a valuable tool for understanding business in the Middle East.

Oil Titans

Oil Titans PDF Author: Valerie Marcel
Publisher: Brookings Institution Press
ISBN: 9780815754725
Category : Political Science
Languages : en
Pages : 348

Get Book Here

Book Description
A Brookings Institution Press and Chatham House publication Ninety percent of the world's oil reserves are entrusted to state-owned companies. Originally created as political instruments, these so-called national oil companies (NOCs) face new demands amid today's dwindling oil reserves and simmering social pressures. Increasingly, state-owned oil firms—particularly in the Middle East—are having to balance the political demands of their governments with the need to be commercially competitive. In this ground-breaking new volume, Valerie Marcel draws on unprecedented access to the politicians, engineers; and businessmen directing five Middle Eastern state oil companies to shed light on one of the most secretive segments of the international oil industry. The author tells the stories of Saudi Aramco, Kuwait Petroleum Corp., the National Iranian Oil Co., Sonatrach of Algeria, and the Abu Dhabi National Oil Co.—oil titans which together produce one quarter of the world's oil and hold half of the world's known oil and gas reserves. Dr. Marcel explains the complex bond between each state and its oil company, tracing the relationship's evolution from the politically charged days of foreign concessions to today's world of profit-driven decisionmaking. Drawn from over 120 interviews with company executives, middle managers, and oil-ministry officials, the author identifies a number of surprising new trends in these companies' strategy, and she paints a picture of their nascent sense of corporate identity. The book provides rare, up-to-date insight into how state-owned companies are striking a balance between their national mission and their commercial needs. The book also provides an insider's guide to these companies' unique culture. Executives and researchers in the region—both inside and outside the oil industry—will find it a valuable tool for understanding business in the Middle East.

Oil [2 volumes]

Oil [2 volumes] PDF Author: Xiaobing Li
Publisher: Bloomsbury Publishing USA
ISBN:
Category : Science
Languages : en
Pages : 1352

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Book Description
Despite ongoing efforts to find alternatives, oil is still one of the most critical—and valuable—commodities on earth. This two-volume set provides extensive background information on key topics relating to oil, profiles countries that are major producers and consumers of oil, and examines relevant political issues. Aside from air and water, oil is perhaps the most valuable natural resource. Oil supplies the tremendous energy needs of the modern world. What exactly is "oil," where does it come from, how does it get consumed, and who is using it? This encyclopedia provides clear answers to these questions and more, offering students entries on the fundamentals of the oil industry and profiles of the countries that play a major role in oil production and consumption. Volume 1 presents topical entries on critical concepts, key terms, major oil spills and disasters, and important organizations and individuals relating to the oil industry. Entries define terms such as "barrel" and "reserve," cover incidents such as the BP oil spill, and explain the significance of organizations such as OPEC. The second volume spotlights specific countries that are major producers, consumers, exporters, and importers of oil, from the United States to Russia to Saudi Arabia to Venezuela. Each profile shows readers the importance of oil in that country through a brief background history, data on its oil usage or production, information about major trading partners, and an explanation of political issues.

Oil

Oil PDF Author: Gavin Bridge
Publisher: John Wiley & Sons
ISBN: 0745675956
Category : Political Science
Languages : en
Pages : 266

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Book Description
Oil pulses through our daily lives. It is the plastic we touch, the food we eat, and the way we move. Oil politics in the twentieth century was about the management of abundance, state power and market growth. The legacy of this age of plenty includes declining conventional oil reserves, volatile prices, climate change, and enduring poverty in many oil rich countries. The oil sector is now in need of reform. Yet no one seems at the helm, leaving a vital source of energy at the whim of dictators, speculators and corporate operators, and our societies locked into unsustainable growth models. In this in-depth primer to the world's wealthiest industry, authors Gavin Bridge and Philippe Le Billon take a fresh look at the contemporary geopolitics of oil. Going beyond simple assertions of peak oil and an oil curse, they point to an industry reordered by internationalized state oil companies, Asian consumerism shifting demand, the insecurities and violent assertiveness of declining powers, and the dilemmas of post-oil energy transition. As a new geopolitics of oil emerges, the need for effective global oil governance becomes imperative. Praising the growing influence of civil society and attentive to the institutionalization of producer-consumer cooperation, this book identifies challenges and opportunities to curtail price volatility, curb demand and the growth of dirty oil, de-carbonise energy systems, and improve governance in oil producing countries.

Oil

Oil PDF Author: Vaclav Smil
Publisher: Simon and Schuster
ISBN: 1786072874
Category : Technology & Engineering
Languages : en
Pages : 207

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Book Description
World acclaimed scientist Vaclav Smil reveals everything there is to know about nature's most sought-after resource Oil is the lifeblood of the modern world. Without it, there would be no planes, no plastic, no exotic produce, and a global political landscape few would recognise. Humanity’s dependence upon oil looks set to continue for decades to come, but what is it? Fully updated and packed with fascinating facts to fuel dinner party debate, Professor Vaclav Smil's Oil: A Beginner's Guide explains all matters related to the ‘black stuff’, from its discovery in the earth right through to the controversy that surrounds it today.

National Oil Companies and Value Creation

National Oil Companies and Value Creation PDF Author: Silvana Tordo
Publisher: World Bank Publications
ISBN: 0821388312
Category : Business & Economics
Languages : en
Pages : 149

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Book Description
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?

Ownership and Control of Oil

Ownership and Control of Oil PDF Author: Bianca Sarbu
Publisher: Routledge
ISBN: 1317695437
Category : Technology & Engineering
Languages : en
Pages : 178

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Book Description
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.

The Global Game of Oil Pipelines

The Global Game of Oil Pipelines PDF Author: Gulshan Dietl
Publisher: Taylor & Francis
ISBN: 1000505596
Category : Political Science
Languages : en
Pages : 255

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Book Description
Oil has long been and will continue to be at the centre of the global economy. This book explores the oil trade, energy (geo)politics, and new trends in regionalising or globalising the oil industry in the new era of international relations and economic competition. Energy pipelines carrying oil and gas from the well-head to the market, generally run through two or more states; and often from one continent to the other. This book maps the oil flowing through international and intercontinental pipelines and unravels the political, commercial and technological considerations behind the mapping of oil routes and forging of trade ties between nation-states. Through case studies from the major oil-exporting regions like Saudi Arabia, Iraq, Iran, the USA, Canada and Russia, it analyses the changing trends in their policies around oil trade, bilateral relations, energy, and security. It also considers the environmental protests around the continued dependency on oil, the teapot refineries under the Islamic State, investments, oil lobbies and insurrections to understand the broad picture of shifting regional and geopolitical realities and the scramble for vital resources. This comprehensive book will be of interest to students of the geopolitics of energy, international relations, security and strategic studies, energy studies as well as the media and with policymakers.

Oil and Governance

Oil and Governance PDF Author: David G. Victor
Publisher: Cambridge University Press
ISBN: 1139502883
Category : Political Science
Languages : en
Pages : 1035

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Book Description
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.

The Price of Oil

The Price of Oil PDF Author: Roberto F. Aguilera
Publisher: Cambridge University Press
ISBN: 1316432424
Category : Business & Economics
Languages : en
Pages : 253

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Book Description
Drawing on their extensive knowledge of the oil industry, Roberto F. Aguilera and Marian Radetzki provide an in-depth examination of the price of the world's most important commodity. They argue that although oil has experienced an extraordinary price increase over the past few decades, we have now reached a turning point where scarcity, uncertain supply and high prices will be replaced by abundance, undisturbed availability and suppressed price levels. They look at the potential of new global oil revolutions to bring the upward price push to an end and examine the implications of this turnaround for the world economy, as well as for politics, diplomacy, military interventions and the efforts to stabilize climate. This book will appeal to a wide readership of both academics and professionals working in the energy industry, as well as to general readers interested in the ongoing debate about oil prices.

The First World Oil War

The First World Oil War PDF Author: Timothy C. Winegard
Publisher: University of Toronto Press
ISBN: 1487500734
Category : Business & Economics
Languages : en
Pages : 412

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Book Description
"Oil is the source of wealth and economic opportunity. Oil is also the root source of global conflict, toxicity and economic disparity. In his groundbreaking book The First World Oil War, Timothy C. Winegard argues that beginning with the First World War, oil became the preeminent commodity to safeguard national security and promote domestic prosperity. For the first time in history, territory was specifically conquered to possess oil fields and resources; vital cogs in the continuation of the industrialized warfare of the twentieth century."--