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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.
First published in 1999, this volume focuses on the impact of democratic bargaining on the process of oil policy-making in Venezuela, stressing the constraints posed by politics on PVDSA’s efforts to expand its foreign operations. Venezuela offers a unique case and fertile ground for the study of oil policy-making processes. In the specialised literature, very little attention has been paid to the nature and operations of multinationals from developing countries. By analysing Petróleos de Venezuela, S.A. (PVDSA)’s international policy, this unique book explores the difficulties encountered by a major state oil enterprise in its efforts to grow beyond national borders.
2011 Updated Reprint. Updated Annually. Venezuela Oil and Gas Exploration Laws and Regulation Handbook
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Spills of Emulsified Fuels: Risks and Response is part of an evolving body of work conducted by the National Research Council (NRC) to help inform debate and decision-making regarding the ecological consequences of releases associated with the widespread use of fossil fuels. Like earlier NRC reports, it attempts to understand the chemical, physical, and biological behavior of a complex mix of compounds that make up various petroleum hydrocarbon-based fuels. The specific risk factors presented by emulsified fuels are difficult to characterize, mainly because there have been no spills of emulsified fuels to date, and thus there is little practical experience with these products.
At the beginning of the twentieth century, Venezuela had one of the poorest economies in Latin America, but by 1970 it had become the richest country in the region and one of the twenty richest countries in the world, ahead of countries such as Greece, Israel, and Spain. Between 1978 and 2001, however, Venezuela’s economy went sharply in reverse, with non-oil GDP declining by almost 19 percent and oil GDP by an astonishing 65 percent. What accounts for this drastic turnabout? The editors of Venezuela Before Chávez, who each played a policymaking role in the country’s economy during the past two decades, have brought together a group of economists and political scientists to examine syst...