Tag: NOCs

  • The structure of China’s oil industry: Past trends and future prospects

    By: Michal Meidan

    China’s oil sector has been dominated by three large state-owned oil companies in charge of developing the country’s domestic reserves, building and operating pipelines, managing China’s increasingly sophisticated downstream, and filling its strategic petroleum reserves (SPR). Over the years, as China’s demand has outstripped production, they have also become major investors in the global upstream […]

  • The Changing Relationship between NOCs and IOCs in the LNG Chain

    By: David Ledesma

    Relationships between National Oil Companies (NOCs) and International Oil Companies (IOCs) have changed over the past twenty years as NOCs have broadened their activities to include exerting greater influence on managing their countries’ resources, the selection of which IOCs should participate in LNG projects and more involvement in the development of LNG project structures. In […]

  • Changing Financial Structures in the Arab World: Some Implications for Oil and Gas

    By: Randa Alami

    This paper examines the interactions between recent changes in domestic and external finance in Arab countries and developments in their hydrocarbon (oil and gas) sectors. In the last two decades, countries have witnessed three major transformations in their financial and energy sectors, and in the role and size of the state. First, in line with […]

  • The Governance of International Oil: The Changing Rules of the Game

    By: B. Mommer

    Most people still believe that the big international oil Companies dominate the governance of world oil. This is not surprising since these companies continue to be amongst the largest in the world and through most of the twentieth century their power has been unchallenged. Their eclipse inside the exporting countries by the national oil companies […]

  • Oil Prices and Fiscal Regimes

    By: B. Mommer

    Fiscal regimes in oil deal essentially with the upstream, that is exploration and production, They may, or may not, be defmed in a single law. More often than not, the components of fiscal regimes in oil are actually found dispersed in different laws and rulings, and their beneficiaries may include municipalities, provincial administration and the […]

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