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Books > Business & Economics > Industry & industrial studies > Energy industries & utilities > Petroleum & oil industries

City of Black Gold - Oil, Ethnicity, and the Making of Modern Kirkuk (Paperback): Arbella Bet-Shlimon City of Black Gold - Oil, Ethnicity, and the Making of Modern Kirkuk (Paperback)
Arbella Bet-Shlimon
R673 Discovery Miles 6 730 Ships in 10 - 15 working days

Kirkuk is Iraq's most multilingual city, for millennia home to a diverse population. It was also where, in 1927, a foreign company first struck oil in Iraq. Over the following decades, Kirkuk became the heart of Iraq's booming petroleum industry. City of Black Gold tells a story of oil, urbanization, and colonialism in Kirkuk—and how these factors shaped the identities of Kirkuk's citizens, forming the foundation of an ethnic conflict. Arbella Bet-Shlimon reconstructs the twentieth-century history of Kirkuk to question the assumptions about the past underpinning today's ethnic divisions. In the early 1920s, when the Iraqi state was formed under British administration, group identities in Kirkuk were fluid. But as the oil industry fostered colonial power and Baghdad's influence over Kirkuk, intercommunal violence and competing claims to the city's history took hold. The ethnicities of Kurds, Turkmens, and Arabs in Kirkuk were formed throughout a century of urban development, interactions between communities, and political mobilization. Ultimately, this book shows how contentious politics in disputed areas are not primordial traits of those regions, but are a modern phenomenon tightly bound to the society and economics of urban life.

Security and Profit in China's Energy Policy - Hedging Against Risk (Hardcover): Oystein Tunsjo Security and Profit in China's Energy Policy - Hedging Against Risk (Hardcover)
Oystein Tunsjo
R1,484 R1,377 Discovery Miles 13 770 Save R107 (7%) Ships in 10 - 15 working days

China has developed sophisticated hedging strategies to insure against risks in the international petroleum market. It has managed a growing net oil import gap and supply disruptions by maintaining a favorable energy mix, pursuing overseas equity oil production, building a state-owned tanker fleet and strategic petroleum reserve, establishing cross-border pipelines, and diversifying its energy resources and routes.

Though it cannot be "secured," China's energy security can be "insured" by marrying government concern with commercial initiatives. This book comprehensively analyzes China's domestic, global, maritime, and continental petroleum strategies and policies, establishing a new theoretical framework that captures the interrelationship between security and profit. Arguing that hedging is central to China's energy-security policy, this volume links government concerns about security of supply to energy companies' search for profits, and by drawing important distinctions between threats and risks, peacetime and wartime contingencies, and pipeline and seaborne energy-supply routes, the study shifts scholarly focus away from securing and toward insuring an adequate oil supply and from controlling toward managing any disruptions to the sea lines of communication. The book is the most detailed and accurate look to date at how China has hedged its energy bets and how its behavior fits a hedging pattern.

Oil to Cash - Fighting the Resource Curse Through Cash Transfers (Paperback, New): Todd Moss, Caroline Lambert, Stephanie... Oil to Cash - Fighting the Resource Curse Through Cash Transfers (Paperback, New)
Todd Moss, Caroline Lambert, Stephanie Majerowicz
R535 Discovery Miles 5 350 Ships in 10 - 15 working days

What should a country do if it suddenly discovers oil and gas? How should it spend the subsequent cash windfall? How can it protect against corruption? How can citizens truly benefit from national wealth? With many of the world's poorest and most fragile states suddenly joining the ranks of oil and gas producers, these are pressing policy questions.

"Oil to Cash" explores one option that may help avoid the so-called resource curse: just give the money directly to citizens. A universal, transparent, and regular cash transfer would not only provide a concrete benefit to regular people, but would also create powerful incentives for citizens to hold their government accountable. "Oil to Cash" details how and where this idea could work and how policymakers can learn from the experiences with cash transfers in places like Mexico, Mongolia, and Alaska.

Oilfields and Airpower in African Conflict - The Case of Biafra (Hardcover): Onianwa Oluchukwu Ignatus Oilfields and Airpower in African Conflict - The Case of Biafra (Hardcover)
Onianwa Oluchukwu Ignatus
R4,766 R2,834 Discovery Miles 28 340 Save R1,932 (41%) Ships in 9 - 17 working days

In this intrepid study, noted Nigerian historian Onianwa Oluchukwu Ignatus investigates the air war component of the Nigerian-Biafran War, a crucial postcolonial conflict in Africa. It focuses on the Biafra's air operations against oil installations and facilities owned by multinational oil companies in Nigeria. In addition to exploring global airpower historiography, this study explores the tactical aspects of how the renewed air war changed the military equation of the conflict when both sides were at loggerheads in peace settlement and relief arrangements. This episode was important in postcolonial military history of Africa, when modern air weapons were developed at the local level for offensive military capability. While the air operations of the Biafrans were sporadic yet destructive, they caused considerable damage to public utilities in Nigeria. Internally, the air attacks paved the way for internal disturbances in the oil producing areas by damaging oil companies' activities and the reducing foreign investment. Externally, it caused a loss of confidence in Nigeria. The Biafran air offensive proved to be the key strategy in Nigeria's response to the crisis, which focused on neutralizing Biafran airpower.

The New Climate War - the fight to take back our planet (Paperback): Michael Mann The New Climate War - the fight to take back our planet (Paperback)
Michael Mann
R340 R310 Discovery Miles 3 100 Save R30 (9%) Ships in 9 - 17 working days

Shortlisted for the Financial Times and McKinsey Business Book of the Year Award, and one of The Observer's 'Thirty books to help us understand the world'. Are we really to blame for the climate crisis? Over 70 per cent of global emissions come from the same 100 organisations, but fossil-fuel companies have taken no responsibility themselves. Instead, they have waged a 30-year campaign to blame individuals. The result has been disastrous for our planet. In The New Climate War, renowned scientist Michael E. Mann argues that all is not lost. He draws the battle lines between the people and the polluters - fossil-fuel companies, right-wing plutocrats, and petro-states - and outlines a plan for forcing our governments and corporations to wake up and make real change.

Fire in the Night - 30 Years Since the Piper Alpha Disaster (Paperback): Stephen McGinty Fire in the Night - 30 Years Since the Piper Alpha Disaster (Paperback)
Stephen McGinty 1
R270 Discovery Miles 2 700 Ships in 10 - 15 working days

The fire was visible from seventy miles away and the heat generated was so intense that a helicopter could only circle the rig at a perimeter of one mile. On the surface of the sea, a converted fishing trawler inched as close as possible, but the paint on the vessel’s hull blistered and burnt. In the water surrounding the inferno, men’s heads could be seen bobbing like apples as their yellow hard hats melted with the heat.

On 6 July 1988 a series of explosions ripped through the Piper Alpha oil platform, 110 miles north-east of Aberdeen in the North Sea. Ablaze with 226 men on board, the searing temperatures caused the platform to collapse in just two hours. Only sixty-one would survive by leaping over 100 feet into the water below.

Newly updated for the thirtieth year since the tragedy, Fire in the Night by journalist Stephen McGinty tells in gripping detail the devastating story of that summer evening. Combining interviews with survivors, witness statements and transcripts from the official inquiry into the disaster, this is the moving and vivid tale of what remains the worst offshore oil-rig disaster to date.

Oil Revenues, Security and Stability in West Africa (Paperback, 1st ed. 2020): Vandy Kanyako Oil Revenues, Security and Stability in West Africa (Paperback, 1st ed. 2020)
Vandy Kanyako
R1,521 Discovery Miles 15 210 Ships in 10 - 15 working days

This book offers a new look at the oil industry in West Africa, proposing to examine the entire region that has been viewed through the lens of Nigeria, Ghana and Gabon. The author argues that, in order to address peace and stability in the region, it is important to understand the transformative powers of petroleum revenue. The project also includes the author's analysis of the problem on multiple levels: international oil companies, states, and local communities. Also, it takes a deeper look at the effects and importance of local communities in the above countries and discusses adequately the strategic challenges that petro-capitalism poses for West Africa's regional stability and human security.

The Politics of Public Accountability - Policy Design in Latin American Oil Exporting Countries (Paperback, 1st ed. 2020):... The Politics of Public Accountability - Policy Design in Latin American Oil Exporting Countries (Paperback, 1st ed. 2020)
Guillaume Fontaine, Cecilia Medrano Caviedes, Ivan Narvaez
R1,521 Discovery Miles 15 210 Ships in 10 - 15 working days

This book seeks to consistently explain the role of ideas and institutions in policy outcomes, and addresses the problem of how resource nationalism causes a deficit of public accountability in oil producing countries from Latin America and the Caribbean. The authors present a causal mechanism linking ideas and policy outcomes through institutional arrangements, focusing on policy design to describe the role of instruments selection and combination in improving or reducing public accountability through agenda setting, policy formulation, cross-sectorial coordination and political interplays.

Oil - A Beginner's Guide (Paperback, 2nd Edition): Vaclav Smil Oil - A Beginner's Guide (Paperback, 2nd Edition)
Vaclav Smil
R330 R259 Discovery Miles 2 590 Save R71 (22%) Ships in 9 - 17 working days

Oil is the lifeblood of the modern world. Without it, there would be no planes, no plastic, no exotic produce, and a global political landscape few would recognise. Humanity's dependence upon oil looks set to continue for decades to come, but what is it? Fully updated and packed with fascinating facts to fuel dinner party debate, Professor Vaclav Smil's Oil: A Beginner's Guide explains all matters related to the `black stuff', from its discovery in the earth right through to the controversy that surrounds it today.

The Economisation of Climate Change - How the G20, the OECD and the IMF Address Fossil Fuel Subsidies and Climate Finance... The Economisation of Climate Change - How the G20, the OECD and the IMF Address Fossil Fuel Subsidies and Climate Finance (Hardcover)
Jakob Skovgaard
R2,517 Discovery Miles 25 170 Ships in 10 - 15 working days

The effort to address climate change cuts across a wide range of non-environmental actors and policy areas, including international economic institutions such as the Group of Twenty (G20), International Monetary Fund (IMF), and the Organisation for Economic Co-operation and Development (OECD). These institutions do not tend to address climate change so much as an environmental issue, but as an economic one, a dynamic referred to as 'economisation'. Such economisation can have profound consequences for how environmental problems are addressed. This book explores how the G20, IMF, and OECD have addressed climate finance and fossil fuel subsidies, what factors have shaped their specific approaches, and the consequences of this economisation of climate change. Focusing on the international level, it is a valuable resource for graduate students, researchers, and policymakers in the fields of politics, political economy and environmental policy. This title is also available as Open Access.

Post-Petroleum Design (Paperback): George Elvin Post-Petroleum Design (Paperback)
George Elvin
R1,321 Discovery Miles 13 210 Ships in 10 - 15 working days

Despite the growing demand for design strategies to reduce our petroleum use, no one has yet brought together the lessons of the world's leading post-petroleum designers into a single resource. Post-Petroleum Design brings them together for the first time. Readers will be introduced to the most current, innovative, plastic-and petroleum-free products and projects in industrial design, architecture, transportation, electronics, apparel and more. Post-Petroleum Design explores firsthand the client and consumer motivations behind the demand, and shares the case studies, principles, best practices, risks and opportunities of the world's leading post-petroleum design experts who are already meeting that demand. It introduces 40 inspiring individuals from across the globe; people like Eben Bayer, the American innovator whose company, Ecovative, is growing houses from mushrooms; Mohammed Bah Abba, whose Zeer Pot is helping families keep produce fresh in the sweltering Nigerian summer without electricity; and the engineers at Mercedes-Benz Advanced Design Studios whose Biome car evolves from genetically engineered DNA. Post-Petroleum Design gives design professionals the information they need to research, evaluate, and select materials, technologies and design strategies that meet the growing demand for sustainable design, plastic-free materials and process energy conservation. Designer profiles, studies, statistics and many colour illustrations all highlight the work-some of the best design work to be found anywhere, and showcased here for the first time.

The Sustainability of Oil Ports - An Holistic Framework for China (Paperback, 1st ed. 2020): Xuemuge Wang, Michael Roe,... The Sustainability of Oil Ports - An Holistic Framework for China (Paperback, 1st ed. 2020)
Xuemuge Wang, Michael Roe, Shaofeng Liu
R2,873 Discovery Miles 28 730 Ships in 10 - 15 working days

This book provides an original analysis of the problems of ensuring that oil ports are sustainable in the broadest sense of the concept including environmental, social, technical and resource aspects. Taking China as its frame for analysis, chosen because of the authors' expertise and because it is the largest oil import country in the world, much of it by ship, it presents a detailed investigation of the issues that make up a sustainable port profile, using a variety of established statistical and operational techniques These are examined before an holistic model is derived. Recommendations are provided for future application both in China and elsewhere and also a range of ways suggested for how the framework could be adapted to other types of ports and locations.

Models for Optimum Decision Making - Crude Oil Production and Refining (Paperback, 1st ed. 2020): Katta G Murty Models for Optimum Decision Making - Crude Oil Production and Refining (Paperback, 1st ed. 2020)
Katta G Murty
R1,521 Discovery Miles 15 210 Ships in 10 - 15 working days

This book considers the problem of determining how many barrels of crude oil an oil-producing and exporting country should produce annually for export along with several other important problems that decision-makers in the crude oil industry face and discusses procedures for finding optimum solutions for them. It considers the important Objective Functions they need in making these critical decisions, and discusses procedures to find the best solutions. Outputs from the treatment units, in an oil refinery are only semi-finished products; these are blended into finished products like gasoline, diesel oil, etc., meeting various specifications that the marketplace demands. The book discusses models for solving these problems optimally with examples.

Coronavirus Outbreak and the Great Lockdown - Impact on Oil Prices and Major Stock Markets Across the Globe (Paperback, 1st ed.... Coronavirus Outbreak and the Great Lockdown - Impact on Oil Prices and Major Stock Markets Across the Globe (Paperback, 1st ed. 2020)
Bhaskar Bagchi, Susmita Chatterjee, Raktim Ghosh, Dhrubaranjan Dandapat
R1,644 Discovery Miles 16 440 Ships in 10 - 15 working days

This book captures the dynamic relationship between COVID-19 pandemic, crude oil prices and major stock indices as well as the crude oil prices and stock market volatility that have been caused due to outbreak of this pandemic. The pandemic has changed the world melodramatically and major world markets collapsed in the beginning, affecting major industries in an unprecedented way. The book will be useful to the researcher in the field of finance and economics, and policy makers both at government and private level, keeping in view the present state of economy throughout the world.

Oil 2e (Paperback, 2nd Edition): G. Bridge Oil 2e (Paperback, 2nd Edition)
G. Bridge
R564 Discovery Miles 5 640 Ships in 10 - 15 working days

Oil pulses through our daily lives. It is the plastic we touch, the food we eat, and the way we move. Oil politics in the twentieth century was about the management of abundance, state power, and market growth. The legacy of this age of plenty includes declining conventional oil reserves, volatile prices, climate change, and enduring poverty in many oil-rich countries. The politics of oil are now at a turning point, and its future will not be like its past. In this in-depth primer to one of the world s most significant industries, authors Gavin Bridge and Philippe Le Billon take a fresh look at the contemporary political economy of oil. Going beyond simple assertions of peak oil and an oil curse, they point to an industry reordered by global shifts in demand toward Asia, growing reliance on unconventional reserves, international commitments to reduce carbon emissions, a growing campaign for fossil fuel divestment, and violent political struggles in many producer states. As a new geopolitics of oil emerges, the need for effective global oil governance becomes imperative. Highlighting the growing influence of civil society and attentive to the efforts of firms and states to craft new institutions, this fully updated second edition identifies the challenges and opportunities to curtail price volatility, curb demand and the growth of dirty oil, decarbonize energy systems, and improve governance in oil-producing countries.

A Month And A Day - & Letters (Paperback): Ken Saro-Wiwa A Month And A Day - & Letters (Paperback)
Ken Saro-Wiwa
R305 R277 Discovery Miles 2 770 Save R28 (9%) Ships in 9 - 17 working days
Oil, Power, and War - A Dark History (Paperback): Matthieu Auzanneau Oil, Power, and War - A Dark History (Paperback)
Matthieu Auzanneau; Foreword by Richard Heinberg
R539 Discovery Miles 5 390 Ships in 10 - 15 working days

Catholic Herald Book Awards 2019 Finalist, Current Affairs "Auzanneau has created a towering telling of a dark and dangerous addiction."-Nature The story of oil is one of hubris, fortune, betrayal, and destruction. It is the story of a resource that has been undeniably central to the creation of our modern culture, and ever-present during the darkest exploits of empire the world over. For the past 150 years, oil has become the most essential ingredient for economic, military, and political power. And it has brought us to our present moment in which political leaders and the fossil-fuel industry consider extraordinary, and extraordinarily dangerous, policy on a world stage marked by shifting power bases. Upending the conventional wisdom by crafting a "people's history," award-winning journalist Matthieu Auzanneau deftly traces how oil became a national and then global addiction, outlines the enormous consequences of that addiction, sheds new light on major historical and contemporary figures, and raises new questions about stories we thought we knew well: What really sparked the oil crises in the 1970s, the shift away from the gold standard at Bretton Woods, or even the financial crash of 2008? How has oil shaped the events that have defined our times: two world wars, the Cold War, the Great Depression, ongoing wars in the Middle East, the advent of neoliberalism, and the Great Recession, among them? With brutal clarity, Oil, Power, and War exposes the heavy hand oil has had in all of our lives-and illustrates how much heavier that hand could get during the increasingly desperate race to control the last of the world's easily and cheaply extractable reserves.

Understanding and Avoiding the Oil Curse in Resource-rich Arab Economies (Paperback): Ibrahim Elbadawi, Hoda Selim Understanding and Avoiding the Oil Curse in Resource-rich Arab Economies (Paperback)
Ibrahim Elbadawi, Hoda Selim
R1,403 Discovery Miles 14 030 Ships in 10 - 15 working days

For over eighty years the Arab region has derived massive wealth from its natural resources, yet the region's economies remain little diversified, while the oil market is experiencing major structural shifts with the advent of shale gas. Moreover, the resource itself is eventually exhaustible. Under these conditions economic prosperity cannot be sustainable. The critical question is how can the countries of this region escape the 'oil curse'? In this volume, leading economists argue that the curse is not a predestined outcome but a result of weak institutions and bad governance. A variety of analytical perspectives and examination of various international case studies leads to the conclusion that natural resources can only spur economic development when combined with sound political institutions and effective economic governance. This volume, with its unique focus on the Arab region, will be an important reference for researchers and policymakers alike.

Slick Water - Fracking and One Insider's Stand against the World's Most Powerful Industry (Hardcover): Andrew... Slick Water - Fracking and One Insider's Stand against the World's Most Powerful Industry (Hardcover)
Andrew Nikiforuk
R704 R636 Discovery Miles 6 360 Save R68 (10%) Ships in 10 - 15 working days

The fossil fuel industry and many environmental groups tout hydraulic fracturing -- "fracking" -- as a panacea, with slick promises of energy independence, greenhouse gas reductions, and benefits to local economies. Yet the controversial technology, which blasts massive volumes of fluids, sand, and chemicals into rock and coal formations, has sparked huge public protests. "Fracking the Earth" tells the shocking, inspiring story of one woman's battle to hold government and industry accountable for the damage fracking leaves in its wake. After energy giant Encana secretly fracked hundreds of gas wells around her home and her well water turned to a flammable broth, Jessica Ernst started asking questions. When she put forward evidence that Encana had violated laws by fracturing the community's drinking water aquifer, Ernst was falsely tagged as a bomb-making terrorist and visited by the government's anti-terrorism squad. Frightened but undaunted, she uncovered a startling history of liability, fraud, and intimidation, along with a willful denial of widespread groundwater contamination. Jessica Ernst's remarkable story raises dramatic questions about the role of Big Oil in government, society's obsession with rapidly depleting supplies of unconventional oil and gas, and the future of civil society.

Working for Oil - Comparative Social Histories of Labor in the Global Oil Industry (Paperback, Softcover reprint of the... Working for Oil - Comparative Social Histories of Labor in the Global Oil Industry (Paperback, Softcover reprint of the original 1st ed. 2018)
Touraj Atabaki, Elisabetta Bini, Kaveh Ehsani
R3,634 Discovery Miles 36 340 Ships in 10 - 15 working days

This volume examines the social history of oil workers and investigates how labor relations have shaped the global oil industry during the twentieth century and today. It brings together the work of scholars from a range of disciplines, approaching the social, political, economic and cultural dimensions of oil. The contributors analyze a number of key oil producing regions, including the Americas, the Middle East, Central Asia, the Caucasus, Europe and Africa.

Globalization, Democracy and Oil Sector Reform in Nigeria (Paperback, Softcover reprint of the original 1st ed. 2018): Adeoye... Globalization, Democracy and Oil Sector Reform in Nigeria (Paperback, Softcover reprint of the original 1st ed. 2018)
Adeoye O. Akinola
R2,849 Discovery Miles 28 490 Ships in 10 - 15 working days

The Nigerian state has been oil-rich for decades, and yet perennially incapable of converting its oil resources into wealth for ordinary Nigerians. Adeoye O. Akinola tackles this "vexed" oil question by examining the political economy of efforts to deregulate the Nigerian downstream oil industry. Focusing on themes of globalization and democratization, this book considers how a resource-rich developing country like Nigeria can exploit the opportunities of globalization and navigate the pressures of democratization and the challenges of liberalization. Pairing sophisticated theoretical frameworks with firsthand accounts from actors in the oil industry, this book identifies the root causes of Nigeria's development struggles and offers practical policy solutions for successfully deregulating the oil sector. For public officials and policymakers as well as researchers, this book offers a critical new lens on the future of natural resource management in Nigeria and the Global South.

The Rock Physics Handbook (Hardcover, 3rd Revised edition): Gary Mavko, Tapan Mukerji, Jack Dvorkin The Rock Physics Handbook (Hardcover, 3rd Revised edition)
Gary Mavko, Tapan Mukerji, Jack Dvorkin
R2,531 Discovery Miles 25 310 Ships in 10 - 15 working days

Responding to the latest developments in rock physics research, this popular reference book has been thoroughly updated while retaining its comprehensive coverage of the fundamental theory, concepts, and laboratory results. It brings together the vast literature from the field to address the relationships between geophysical observations and the underlying physical properties of Earth materials - including water, hydrocarbons, gases, minerals, rocks, ice, magma and methane hydrates. This third edition includes expanded coverage of topics such as effective medium models, viscoelasticity, attenuation, anisotropy, electrical-elastic cross relations, and highlights applications in unconventional reservoirs. Appendices have been enhanced with new materials and properties, while worked examples (supplemented by online datasets and MATLAB (R) codes) enable readers to implement the workflows and models in practice. This significantly revised edition will continue to be the go-to reference for students and researchers interested in rock physics, near-surface geophysics, seismology, and professionals in the oil and gas industries.

Fundamentals of Rock Physics (Hardcover): Nikolai Bagdassarov Fundamentals of Rock Physics (Hardcover)
Nikolai Bagdassarov
R1,972 Discovery Miles 19 720 Ships in 10 - 15 working days

Rock physics encompasses practically all aspects of solid and fluid state physics. This book provides a unified presentation of the underlying physical principles of rock physics, covering elements of mineral physics, petrology and rock mechanics. After a short introduction on rocks and minerals, the subsequent chapters cover rock density, porosity, stress and strain relationships, permeability, poroelasticity, acoustics, conductivity, polarizability, magnetism, thermal properties and natural radioactivity. Each chapter includes problem sets and focus boxes with in-depth explanations of the physical and mathematical aspects of underlying processes. The book is also supplemented by online MATLAB exercises to help students apply their knowledge to numerically solve rock physics problems. Covering laboratory and field-based measurement methods, as well as theoretical models, this textbook is ideal for upper-level undergraduate and graduate courses in rock physics. It will also make a useful reference for researchers and professional scientists working in geoscience and petroleum engineering.

Oil Revolution - Anticolonial Elites, Sovereign Rights, and the Economic Culture of Decolonization (Hardcover): Christopher R.... Oil Revolution - Anticolonial Elites, Sovereign Rights, and the Economic Culture of Decolonization (Hardcover)
Christopher R. W. Dietrich
R2,657 Discovery Miles 26 570 Ships in 10 - 15 working days

Through innovative and expansive research, Oil Revolution analyzes the tensions faced and networks created by anti-colonial oil elites during the age of decolonization following World War II. This new community of elites stretched across Iran, Iraq, Saudi Arabia, Venezuela, Algeria, and Libya. First through their western educations and then in the United Nations, the Arab League, and the Organization of Petroleum Exporting Countries, these elites transformed the global oil industry. Their transnational work began in the early 1950s and culminated in the 1973-4 energy crisis and in the 1974 declaration of a New International Economic Order in the United Nations. Christopher R. W. Dietrich examines how these elites brokered and balanced their ambitions via access to oil, the most important natural resource of the modern era.

Globalizing Oil - Firms and Oil Market Governance in France, Japan, and the United States (Paperback): Llewelyn Hughes Globalizing Oil - Firms and Oil Market Governance in France, Japan, and the United States (Paperback)
Llewelyn Hughes
R1,032 Discovery Miles 10 320 Ships in 10 - 15 working days

Oil is the world's most important commodity. It is also one of the most politicized, with national oil companies controlling most of the world's reserves. Contrary to conventional wisdom, Llewelyn Hughes shows that governments across the advanced industrial states responded to the politicization of oil in the 1970s by freeing prices, lowering barriers to trade, and privatizing national oil companies. How did this come about? And why do some governments continue to support domestic firms? In answering these questions, Hughes shows that the politicization of oil also led to a transformation in oil market governance by changing the balance of risk and opportunities facing firms. He also shows that their ability to benefit from this change was conditioned by previous attempts to shape the competitive landscape in their favor. Hughes' study has important implications not only for the politics of oil, but also for the study of economic liberalization.

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