scholarly journals Bureaucratic Politics and Overseas Investment by Chinese State-Owned Oil Companies: Illusory Champions

Asian Survey ◽  
2009 ◽  
Vol 49 (4) ◽  
pp. 670-690 ◽  
Author(s):  
Chih-shian Liou
Keyword(s):  
International Relations ◽  
The State ◽  
Bureaucratic Politics ◽  
Oil Companies ◽  
National Oil Companies ◽  
Overseas Investment ◽  
Chinese State ◽  
Overseas Expansion

From the state-centered perspective, China's hunt for foreign energy deals has generated increasing uneasiness in international relations. By exploring Chinese national oil companies' overseas expansion, this study finds that Chinese bureaucratic fragmentation in the context of the state's changing relationship with state-owned enterprises has greater impact on firms' offshore ventures than the state-centered perspective contends.

Contradiction of space, centralization of capital, and the hybrid state oil company: The case of Russia

2008 ◽  
Vol 1 (2) ◽  
pp. 59-71 ◽  
Author(s):  
Mazen Labban
Keyword(s):  
Oil Industry ◽  
The State ◽  
State Control ◽  
Hybrid State ◽  
Oil Companies ◽  
National Oil Companies ◽  
Russian State ◽  
And Control ◽  
Oil Company ◽  
A New Species

A new species of capital has emerged from the development of inter-capitalist competition in the oil industry. Oil-producing states have fused with financial and productive/extractive capital, foreign and domestic, into hybrid state oil companies. These are centralized monopolies that transcend the historical geographical opposition between private transnational oil companies and national oil companies. As partially nationalized state monopolies, they allow oil-producing states access to global capital markets, while retaining the control of the state over the flow of foreign capital into the domestic oil industry. They thus mediate the contradiction between the integration of capital at the transnational level and its territorial fragmentation at the national scale, only to internalize it in the process. I examine this process in the case of the ongoing consolidation of the Russian oil industry under state control, focusing on two inter-related contradictions: an attempt by the Russian state to liberalize the oil industry, yet shield it against the expansion and control of foreign oil companies; and the dependence of the state on foreign financial capital in the very process of consolidating control over the oil industry.

scholarly journals Derechos de propiedad, compañías petroleras, Estado y renta en Venezuela

2010 ◽  
Vol 53 ◽  
Author(s):  
Jesús Mora Contreras
Keyword(s):  
Property Rights ◽  
Oil Industry ◽  
The State ◽  
Oil Companies ◽  
National Oil Companies ◽  
Doing Business ◽  
History Of ◽  
The Way

RESUMEN: Este artículo muestra que las compañías petroleras internacionales han estado haciendo negocios en Venezuela durante más de cuatro quintas partes de casi un siglo de historia de la industria petrolera en este país (1917-2009). Muestra también que lo que ha cambiado para ellas a lo largo del tiempo es la manera de hacer negocios en la industria petrolera venezolana, valga decir, los términos y condiciones de acceso a las actividades de exploración y producción que les ha impuesto el propietario del recurso natural, relacionados particularmente con el reparto de la renta petrolera internacional. El artículo, dividido en cuatro secciones, es una síntesis de la historia del derecho de propiedad del subsuelo, de las compañías petroleras, del Estado y de la renta petrolera internacional en Venezuela desde 1920 hasta el presente. ABSTRACT: This paper shows that in almost a century of history of the Venezuelan oil industry (1917-2009), International Oil Companies (IOCs) have been doing business in this country for just more than fourth fifth of this period (74/92 years). It shows too that during that time, what has been changing in this country for the oil companies, IOCs or National Oil Companies (NOCs), is the way of doing business in the upstream of the oil industry: the terms and conditions of the owner of the underground property rights. Terms and conditions mean in this context how much of the oil generated rents in the underground public and national property rights goes to the pockets of the oil companies and government. This paper summarizes the history of the underground property rights, oil companies, the State, and rent in Venezuela from 1920 up to the present.

Chinese National Oil Companies in Ghana: The Cases of cnooc and Sinopec

2014 ◽  
Vol 13 (5-6) ◽  
pp. 588-612 ◽  
Author(s):  
Sarah Hardus
Keyword(s):  
Natural Resources ◽  
Political Institutions ◽  
Developmental State ◽  
Oil Companies ◽  
National Oil Companies ◽  
Chinese State ◽  
State Actors ◽  
Offshore Oil ◽  
Oil Company ◽  
China Development

This article uses the case of Ghana to provide insight into the policies and strategies used by, as well as the cooperation between, Chinese state actors in their quest for natural resources in Africa. In 2007, Ghana discovered commercial quantities of oil. While the so-called Jubilee oilfield was initially divided amongst primarily Western oil companies, in 2010 the China National Offshore Oil Corporation partnered with Ghana’s national oil company to try and purchase a stake in Jubilee. Although this bid was rejected, later that year a second Chinese state-owned oil company, Sinopec, was able to access Ghana’s oil indirectly through an offtaker agreement, linked to a $3 billion dollar loan provided by the state-owned China Development Bank. The article uses these two cases to examine the level of coordination between the strategies of Chinese state actors in their attempts to access African natural resources. It shows that China’s national oil companies and policy banks operate in increasingly autonomous ways. This goes against the developmental state thesis, which argues that the Chinese state has full control over the overseas activities of its state actors. The article also shows that national political institutions in Africa can make use of and are able to influence Chinese resource deals, countering the notion of African passivity.

scholarly journals State-Managed Marketization: The Role of the Chinese State in the Petroleum Industry

2014 ◽  
Vol 30 (2) ◽  
pp. 29-60
Author(s):  
Shaofeng Chen
Keyword(s):  
Petroleum Industry ◽  
Developmental State ◽  
The State ◽  
Management Approach ◽  
Economic Activities ◽  
Oil Companies ◽  
State Management ◽  
Role Of The State ◽  
Chinese State

China's phenomenal economic growth has riveted attention on the role of the Chinese state. Several models, such as the developmental state, predatory state, irresponsible state, state capitalism and centrally managed capitalism, have contributed to our understanding of that topic, but none of them can capture the dynamism and complexity of the Chinese state's role. Drawing on two cases in the petroleum industry, this article argues that a state-management approach (SMMA) is in a better position to account for the role of the state and the nature of the state–national oil companies (NOCs) ties.1 If most countries embracing the market economy can be classified as a state-in-market paradigm, where state interventions in economic activities are subject to market forces, China's SMMA can be regarded as a market-in-state model, where China's state is superior to the market.

The position of the State in the international system from the perspective of major schools of thought in international relations

2019 ◽  
pp. 79
Author(s):  
Salah Hassan Mohammed ◽  
Mahaa Ahmed Al-Mawla
Keyword(s):  
International Relations ◽  
International Politics ◽  
International System ◽  
International Order ◽  
The State ◽  
Point Of View ◽  
The Status ◽  
Future Vision

The Study is based on the state as one of the main pillars in international politics. In additions, it tackles its position in the international order from the major schools perspectives in international relations, Especially, these schools differ in the status and priorities of the state according to its priorities, also, each scholar has a different point of view. The research is dedicated to providing a future vision of the state's position in the international order in which based on the vision of the major schools in international relations.

Hobbes among the Classic Jurists

2018 ◽  
Author(s):  
David Boucher
Keyword(s):  
International Relations ◽  
International Law ◽  
The State ◽  
Law Of Nature ◽  
Law Of Nations ◽  
Complete Identification ◽  
The Law ◽  
The Individual ◽  
Hedley Bull ◽  
Hans Morgenthau

The classic foundational status that Hobbes has been afforded by contemporary international relations theorists is largely the work of Hans Morgenthau, Martin Wight, and Hedley Bull. They were not unaware that they were to some extent creating a convenient fiction, an emblematic realist, a shorthand for all of the features encapsulated in the term. The detachment of international law from the law of nature by nineteenth-century positivists opened Hobbes up, even among international jurists, to be portrayed as almost exclusively a mechanistic theorist of absolute state sovereignty. If we are to endow him with a foundational place at all it is not because he was an uncompromising realist equating might with right, on the analogy of the state of nature, but instead to his complete identification of natural law with the law of nations. It was simply a matter of subject that distinguished them, the individual and the state.

Sign in / Sign up

Export Citation Format

Share Document