Nationalization and the Role of National Oil Companies: The Case of Kazakhstan

2021 ◽  
pp. 323-341
Author(s):  
Serik Orazgaliyev
Keyword(s):  
Oil Companies ◽  
National Oil Companies

scholarly journals National oil companies: business models, challenges, and emerging trends

2013 ◽  
Vol 11 (1) ◽  
pp. 713-722 ◽  
Author(s):  
Saud M. Al-Fattah
Keyword(s):  
Business Models ◽  
Joint Venture ◽  
Oil And Gas ◽  
Oil Companies ◽  
National Oil Companies ◽  
Emerging Trends ◽  
Challenges And Opportunities ◽  
Oil Company ◽  
Gas Supply

This paper provides an assessment and a review of the national oil companies’ (NOCs) business models, challenges and opportunities, their strategies and emerging trends. The role of the national oil company (NOC) continues to evolve as the global energy landscape changes to reflect variations in demand, discovery of new ultra-deep water oil deposits, and national and geopolitical developments. NOCs, traditionally viewed as the custodians of their country’s natural resources, have generally owned and managed the complete national oil and gas supply chain from upstream to downstream activities. In recent years, NOCs have emerged not only as joint venture partners globally with the major oil companies, but increasingly as competitors to the International Oil Companies (IOCs). Many NOCs are now more active in mergers and acquisitions (M&A), thereby increasing the number of NOCs seeking international upstream and downstream acquisition and asset targets

scholarly journals Renewed energy in Asia's upstream

2019 ◽  
Vol 59 (2) ◽  
pp. 582
Author(s):  
Gero Farruggio ◽  
David Dixon
Keyword(s):  
Solar Wind ◽  
Service Sector ◽  
Oil And Gas ◽  
Oil Companies ◽  
National Oil Companies ◽  
Grid Connection ◽  
New Energy ◽  
Operational Expenditure ◽  
And Storage

Upstream is enjoying a renewed optimism in pricing and project developments, and the growth outlook is positive. That said, current investment in upstream across Asia is less than half that of renewable projects, which accounted for over US $180 billion in 2018. Got your attention? It certainly has for national oil companies and regional oil and gas players as companies explore the opportunities presented by lowering solar and storage costs. In this paper we analyse capex trends and forecasts across both sectors in Australia and the region. Will this growth continue, who is set to gain and by how much? We explore the growing role of renewables in the oilfield service sector. Australia is not alone in experiencing a renewables boom; the trend continues across Asia, with government initiatives more often than not being the catalyst and the boom then fuelled by a seemingly endless supply of insatiable investors. Australia is experiencing a frenzy of activity; developers are rushing to grab land and be the first past the post on grid connection. What can we expect as the renewable energy target transitions to the national energy guarantee, to whatever comes next? We compare the corporate landscapes across the upstream and new energy sectors, and explore what is driving them closer each year as miners and upstream operators turn to solar, wind and storage to reduce operational expenditure and boost field economics. Adani has one of the largest solar pipelines in Australia; will Woodside follow suit? Finally, we compare returns for recently commissioned renewable and upstream projects.

Doubling Down

2018 ◽  
Author(s):  
Patrick R. P. Heller
Keyword(s):  
Oil And Gas ◽  
Risk Mitigation ◽  
State Control ◽  
Economic Returns ◽  
Oil Companies ◽  
National Oil Companies ◽  
Oil Sector ◽  
Oil Company ◽  
Careful Assessment

Many governments have successfully employed state-owned enterprises to exert state control over their oil and gas sectors and capture a larger share of rewards from the industry. However, relying heavily on a national oil company requires adapting to certain challenges for the management of the oil sector and governance of the broader economy. This chapter argues that governments should base decisions concerning the role of a national oil company on a careful assessment of the size of the potential rewards and the state’s tolerance for associated risks. It then examines the most important risk mitigation techniques that governments have used to increase the likelihood that their national oil companies will deliver strong economic returns and remain accountable to citizens.

The Ethics of Petroleum

2017 ◽  
Author(s):  
Jonathon W. Moses ◽  
Bjørn Letnes
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Host Country ◽  
Corporate Citizenship ◽  
Costs And Benefits ◽  
Political Actors ◽  
Oil Companies ◽  
Corporate Social ◽  
Oil Company

This chapter considers the role of international oil companies (IOCs) as global political actors with significant economic and political power. In doing so, we weigh the ethical costs and benefits for individuals, companies, and states alike. Using the concepts of “corporate social responsibility” (CSR) and “corporate citizenship” as points of departure, we consider the extent to which international oil companies have social and political responsibilities in the countries where they operate and what the host country can do to encourage this sort of behavior. We examine the nature of anticorruption legislation in several of the sending countries (including Norway), and look closely at how the Norwegian national oil company (NOC), Statoil, has navigated these ethical waters.

scholarly journals Oil fiscal regimes and national oil companies: A comparison between Pemex and Petrobras

Energy Policy ◽  
2017 ◽  
Vol 101 ◽  
pp. 473-483 ◽  
Author(s):  
Juan M. Ramírez-Cendrero ◽  
María J. Paz
Keyword(s):  
Oil Companies ◽  
National Oil Companies ◽  
Fiscal Regimes
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