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Future role of the national oil companies in the world petroleum industry. [Of Arab states]

Abstract

The history and role of national (i.e., multinational companies owned by an oil-exporting or -producing country) oil companies are outlined as they relate to international political and economic events. The governments of oil-exporting countries saw national oil companies as a way to gain some control over prices and revenues and to participate in development and marketing decisions. National companies can be more responsive to government policies than multinational companies during times of shortages. They provide a business arm to the government, which is politically involved in supply negotiations with other governments. National companies are felt to have a more stable position in terms of supplies, although their supplies may not be any more abundant. Multinationals will need increasingly selective investment activities after 1980 as government regulation and intervention changes market conditions. National companies may want to turn the marketing of crude oil over to the multinationals, while cooperating with them in exploration projects and the transfer of alternative energy technology. (DCK)
Authors:
Publication Date:
Nov 01, 1977
Product Type:
Journal Article
Reference Number:
ERA-03-012612; EPA-04-001537; EDB-78-027189
Resource Relation:
Journal Name: OAPEC News Bull.; (Kuwait); Journal Volume: 3:11; Other Information: Abridged text of paper presented to 1977 OPEC seminar, Vienna, October 10-12, 1977
Subject:
29 ENERGY PLANNING, POLICY AND ECONOMY; 02 PETROLEUM; MIDDLE EAST; PETROLEUM INDUSTRY; OPEC; MANAGEMENT; CHARGES; COMPARATIVE EVALUATIONS; DECISION MAKING; ECONOMICS; ENERGY DEPENDENCE; ENERGY SUPPLIES; EXPLORATION; FOREIGN POLICY; GOVERNMENT POLICIES; INCOME; INTERNATIONAL COOPERATION; MARKET; REGULATIONS; RENEWABLE ENERGY SOURCES; TECHNOLOGY TRANSFER; TRADE; ENERGY SOURCES; INDUSTRY; INTERNATIONAL ORGANIZATIONS; 294002* - Energy Planning & Policy- Petroleum; 290200 - Energy Planning & Policy- Economics & Sociology; 020700 - Petroleum- Economics, Industrial, & Business Aspects; 021000 - Petroleum- Legislation & Regulations
OSTI ID:
5339584
Research Organizations:
Governor of Petromin
Country of Origin:
Kuwait
Language:
English
Other Identifying Numbers:
Journal ID: CODEN: NBOCD
Submitting Site:
TIC
Size:
Pages: 14-21
Announcement Date:
Jan 01, 1978

Citation Formats

Taher, A H. Future role of the national oil companies in the world petroleum industry. [Of Arab states]. Kuwait: N. p., 1977. Web.
Taher, A H. Future role of the national oil companies in the world petroleum industry. [Of Arab states]. Kuwait.
Taher, A H. 1977. "Future role of the national oil companies in the world petroleum industry. [Of Arab states]." Kuwait.
@misc{etde_5339584,
title = {Future role of the national oil companies in the world petroleum industry. [Of Arab states]}
author = {Taher, A H}
abstractNote = {The history and role of national (i.e., multinational companies owned by an oil-exporting or -producing country) oil companies are outlined as they relate to international political and economic events. The governments of oil-exporting countries saw national oil companies as a way to gain some control over prices and revenues and to participate in development and marketing decisions. National companies can be more responsive to government policies than multinational companies during times of shortages. They provide a business arm to the government, which is politically involved in supply negotiations with other governments. National companies are felt to have a more stable position in terms of supplies, although their supplies may not be any more abundant. Multinationals will need increasingly selective investment activities after 1980 as government regulation and intervention changes market conditions. National companies may want to turn the marketing of crude oil over to the multinationals, while cooperating with them in exploration projects and the transfer of alternative energy technology. (DCK)}
journal = []
volume = {3:11}
journal type = {AC}
place = {Kuwait}
year = {1977}
month = {Nov}
}