The Norwegian Petroleum Administration

2017 ◽  
Author(s):  
Jonathon W. Moses ◽  
Bjørn Letnes
Keyword(s):  
Resource Curse ◽  
Oil Companies ◽  
Commercial Activities ◽  
National Oil Companies ◽  
The Relationship ◽  
Administrative Responsibility ◽  
Bargaining Mechanism ◽  
Domestic Interests

This chapter establishes the broad parameters for oil management. It considers the threat of the Resource Curse, and what can be done to address the challenges of corruption, and the imbalance of power between states, international oil companies, and domestic interests (including national oil companies). In particular, the chapter begins by discussing the relationship between politics and economics and between states and firms (including the Obsolescing Bargaining Mechanism), and the utility of separating responsibility for policymaking, regulation, and operational or commercial activities. The latter part of the chapter introduces Norway’s unique institutional solutions to these challenges, that is, the three-part division of administrative responsibility that is central to the Norwegian model, and the institutions where they reside (e.g., the Ministry of Petroleum and Energy, the Norwegian Petroleum Directorate, and Statoil).

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

Oil Companies and Climate Change: Inconsistencies between Strategy Formulation and Implementation?

2007 ◽  
Vol 7 (3) ◽  
pp. 42-62 ◽  
Author(s):  
Ingvild Andreassen Sæverud ◽  
Jon Birger Skjærseth
Keyword(s):  
Climate Change ◽  
Strategy Formulation ◽  
Oil Companies ◽  
Corporate Strategies ◽  
International Climate ◽  
Framework Conditions ◽  
High Degree ◽  
The Relationship ◽  
Level 2 ◽  
Insight Into

This article examines major oil companies in terms of climate strategies and their implementation. More specifıcally, it takes a critical look at Shell, BP, and ExxonMobil, and the relationship between rhetoric and action regarding investments in climate-friendly activities. Empirical evidence indicates a generally high degree of consistency between what these companies say and what they do, but interesting differences are also found: ExxonMobil has done somewhat more than its climate strategy formulations would suggest; Shell has done somewhat less; whereas BP's activities are mainly in line with its statements. Factors at three levels contribute to explaining these differences: (1) the company level, 2) the political framework conditions in the various regions where the companies operate, 3) international climate cooperation. The fındings and explanations, although restricted to the three oil companies with regard to climate change, provide insight into the relationship between corporate strategies and implementation more generally. They offer understanding and analytical categories for assessing how well and why such multinational entities put into practice stated objectives.

scholarly journals ACCOUNTING INFORMATION QUALITY AND CORPORATE PERFORMANCE OF OIL AND GAS COMPANIES IN NIGERIA

2021 ◽  
pp. 25-44
Author(s):  
T.C. Macgregor ◽  
J.N Nwaiwu
Keyword(s):  
Information Quality ◽  
Oil And Gas ◽  
Corporate Performance ◽  
Accounting Information ◽  
Return On Equity ◽  
Oil Companies ◽  
Qualitative And Quantitative ◽  
Accounting Information Quality ◽  
Oil And Gas Companies ◽  
The Relationship

But knowing the unknown and therefore estimating the relationship between accounting information quality and corporate performance are still a difficult task. The aim of this empirical study is to explore the relationship between the accounting information quality and corporate performance of oil and gas companies in Nigeria. Data on different types of accounting information quality and return on equity were primarily collected from the respondents and analyzed using ordinary least square regression analysis the data with the aid of statistical package for social sciences version 25.0. The empirical result indicates that accounting information quality significantly relate to return n equity; explaining about 85.1% of the total variation in return and equity. Relevance, faithful representation was each found to significantly relate to return on equity. The study empirically conclude that accounting information quality has the potency to make significant contribution to quoted financial performance of oil and gas companies and recommends that having investigated theoretical and empirical issues, also considering the findings and conclusion, the following recommendations were made: There should be need for preparers of accounting information to improve on the accounting information quality devoid of window dressing and creative accounting, regular disclosure, transparency and accountability of such accounting information is required since investors are sensitive to qualitative and quantitative accounting information in assessing the performance of quoted oil companies in and outside Nigeria. Also in line with qualitative and quantitative of accounting information quality, financial statements of quoted oil companies in Nigeria should be prepared and presented according to laid down regulations and ethical standards duly observed to ensure accounting information presented for among users, most and public consumption do represent the oil companies’ economic reality during reported periods.

scholarly journals Environment based innovation: policy questions

Finisterra ◽  
2012 ◽  
Vol 44 (88) ◽  
Author(s):  
Argentino Pessoa ◽  
Mário Rui Silva
Keyword(s):  
Regional Development ◽  
Innovation Policy ◽  
Resource Curse ◽  
Policy Implications ◽  
Competitive Advantages ◽  
Environmental Resources ◽  
Regional Innovation ◽  
Public Intervention ◽  
The Relationship ◽  
Innovation Policies

Natural resources and physical cultural resources, referred to in this paper as “Environmental Resources”, can be important assets for regional competitiveness and innovation. In recent years, these types of assets have been increasingly taken into consideration in the design and implementation of regional development strategies, as a consequence of their potential role as a source of differentiation and of new competitive advantages. However, in contrast to environmental policies, which usually focus on the protection of the environment, innovation policies and their instruments are largely shaped by, and geared towards, knowledge-based innovation.In this paper, we discuss the role played by environmental resources in the context of regional innovation policies. We begin by discussing the relationship between environmental resources and regional development, and by emphasizing some contrasting views with regard to the function of environmental resources in regional development. Then, we address the relationship between regional competitive advantages and innovation strategies. The specific issues and problems that arise whenever the aim is to attain competitive advantages through the valorisation of environmental resources constitute the core of section III. In that section, we highlight the specific characteristics of environmental resources and we discuss the applicability of the “natural resource curse” argument to the dynamics based on the valorisation of environmental resources. The reasons that justify public intervention as well as the difficulties concerning the adequate level of intervention (local / regional / national) are also examined. The paper ends with some conclusions and policy implications.

Sign in / Sign up

Export Citation Format

Share Document