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National oil companies are big business with about 80 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 gove...
Originally published in 1980, this book presents a comparative analysis of British and Norwegian oil policies, focusing on the interdependence and bargaining relationship between governments and oil companies, as well as the policy choices, concerns and constraints for the two governments. The perspective is largely that of a government planner, whose main concerns are the long-term and complex interests of the state, orderly development as well as social and political stability.
World Out of Balance is the most comprehensive analysis to date of the constraints on the United States' use of power in pursuit of its security interests. Stephen Brooks and William Wohlforth overturn conventional wisdom by showing that in a unipolar system, where the United States is dominant in the scales of world power, the constraints featured in international relations theory are generally inapplicable. In fact, the authors argue that the U.S. will not soon lose its leadership position; rather, it stands before a twenty-year window of opportunity for reshaping the international system. Although American primacy in the world is unprecedented, analysts routinely stress the limited utilit...
"A powerful argument for how America should capitalise on the 'New Energy Abundance'."--The Financial Times "Riveting and comprehensive...a smart, deeply researched primer on the subject."--The New York Times Book Review Windfall is the boldest profile of the world's energy resources since Daniel Yergin's The Quest. Harvard professor and former Washington policymaker Meghan L. O'Sullivan reveals how fears of energy scarcity have given way to the reality of energy abundance. This abundance is transforming the geo-political order and boosting American power. As a new administration focuses on raising American energy production, O'Sullivan's Windfall describes how new energy realities have prof...
No detailed description available for "Reasons of State".
Oil and Terrorism in the New Gulf promises to inform a lively debate over the future of U.S. foreign policies toward Africa. This coherent, integrated debate will engage policymakers and the academic community to ensure the success of the United States' energy and national security agendas.
The extraction of oil and gas from offshore continental shelves represents one of the most dynamic sectors of global petroleum development. It is also one of the most complex. Atlantic Canada is no exception and the history of Scotian Basin petroleum over the past half century reveals a fascinating series of political challenges, accommodations, and settlements. Peter Clancy’s comprehensive analysis of petroleum politics in Nova Scotia demonstrates the complex intergovernmental and intercorporate relationships, ecological concerns, and Aboriginal interests that have complicated offshore development. Among the analytic themes he addresses are institutional adaptation and rigidity, “basin development” as a policy challenge, the strong and weak characteristics of the offshore state, and the shifting shapes of the offshore polity. His incisive analysis of the complex politics at play provides new insights into the unique challenges facing the petroleum industry in Atlantic Canada.
Addressing the major issues arising from the power ascribed to the Organization of the Petroleum Exporting Countries (OPEC), this book reflects the bredth, expertise and multifaceted viewpoints of the contributors: members of OPEC itself, industry representatives, and scholars and energy specialists from the USA, Europe and the Middle East. Throughout the book, the authors look at the potential of OPEC, discernible trends in such crucial areas as global petroleum supply and pricing, and the international economic and political implications of both.
This book examines broad questions of industrial change in order to explain developments in the oil industry. In contrast to most other work on this industry, firms are considered to be the dependent variables rather than the future production and demand for oil and gas. An analysis of the industry is made by examining how corporations change their operating environments and are themselves changed by their environments. Particular attention is paid to 'mega-mergers' and to industrial downsizing and outsourcing. The significance of such restructuring for the societies the companies serve is also considered and comprehensive use is made of recent theories of the firm. It shows how such theories can be used to analyze a key world-wide industry. The distinctive approach of this book will help extend readers' understanding of the oil industry beyond the more conventional studies.