The Role of National Oil Companies in International Energy Markets

Publications Page

The James A. Baker III Institute for Public Policy, together with the Japan Petroleum Energy Center (JPEC), released in March 2007 a comprehensive study aimed at providing an effective framework to analyze the strategies, objectives and performance of NOCs. The study consists of 13 case studies examining the history and formation of 15 different state-owned oil companies and two economic modeling studies aimed at assessing the operational efficiency of NOCs.

Policy Report and Working Papers

Baker Institute Policy Report 35 on National Oil Companies

The International Oil Companies
Amy Myers Jaffe, Wallace S. Wilson Fellow in Energy Studies, Baker Institute
Ronald Soligo, Professor of Economics, Rice University

A Model of the Operation and Development of a National Oil Company
Peter Hartley, Professor of Economics, Rice University
Kenneth B. Medlock III, Research Fellow in Energy Studies, Baker Institute

Empirical Evidence on the Operational Efficiency of National Oil Companies
Peter Hartley, Professor of Economics, Rice University
Kenneth B. Medlock III, Research Fellow in Energy Studies, Baker Institute
Stacy L. Eller, Graduate Researcher in Energy Studies, Baker Institute

Chinese NOCs' Overseas Strategies: Background, Comparison and Remarks
Xiaojie Xu, Director, Institute for Overseas Investment, CNPC

Petronas: A National Oil Company with an International Vision
Fred R. von der Mehden, Professor Emeritus of Political Science, Rice University
Al Troner, President, Asia Pacific Energy Consulting

Lukoil: Russia's Largest Oil Company
Isabel Gorst, Correspondent, Financial Times of London

Lord of the Rigs: Rosneft as a Mirror of Russia's Evolution
Nina Poussenkova, Senior Research Fellow, Russian Academy of the Sciences

The Nigerian National Petroleum Corporation and the Development of the Nigerian Oil and Gas Industry: History, Strategies, and Current Directions
G. Ugo Nwokeji, Assistant Professor of African American Studies, UC Berkeley

India's ONGC: Balancing Different Roles, Different Goals - New revised version!
Tanvi Madan, L.B.J. School of Public Affairs, The University of Texas at Austin

Iraq's Oil Sector: Past, Present and Future
Amy Myers Jaffe, Wallace S. Wilson Fellow in Energy Studies, Baker Institute

Saudi Aramco: National Flagship with Global Responsibilities - New revised version!
Amy Myers Jaffe, Wallace S. Wilson Fellow in Energy Studies, Baker Institute
Jareer Elass, Energy Consultant and Editor, Baker Institute

Corporate Strategies of Saudi Aramco
Yoshikazu Kobayashi, Researcher, Institute of Energy Economics, Japan

The National Iranian Oil Company in Iranian Politics
Daniel Brumberg, Associate Professor of Government, Georgetown University
Ariel I. Ahram, Graduate Fellow, Center for Democracy and Civil Society, Georgetown University

Pertamina, Indonesia's State-Owned Oil Company New revised version!!!
Donald I. Hertzmark, Consultant

Venezuela's PDVSA and World Energy Markets: Corporate Strategies and Political Factors Determining its Behavior and Influence
David R. Mares, Professor of Political Science, UC San Diego
Nelson Altamirano, Visiting Scholar, Center for Iberian and Latin American Studies, UC San Diego

PDVSA Appendix

Chinese NOCs and World Energy Markets: CNPC, Sinopec and CNOOC
Steven W. Lewis, Research Fellow in Asian Studies and Economics, Baker Institute

The Business Development of China 's National Oil Companies: the Government to Business Relationship in China
Sizhi Guo, Ph.D., Senior Researcher, Institute of Energy Economics, Japan

KAZMUNAIGAZ: Kazakhstan's National Oil and Gas Company
Martha Brill Olcott, Senior Associate, Carnegie Endowment for International Peace

Statoil: A Study in Political Entrepreneurship
Richard Gordon, President and CEO, Gordon Energy Solutions
Thomas Stenvoll, Market Analyst, Hess Energy Trading Company

National Oil Companies and Corporate Citizenship: A Survey of Transnational Policy and Practice
Matthew E. Chen, Energy Research Associate, Baker Institute

NOCs and U.S. Foreign Policy - New revised version!
Joe Barnes, Research Fellow, Baker Institute
Matthew E. Chen, Energy Research Associate, Baker Institute

 

Research Presentations are available on the following event pages:

Click on the title links below to be redirected...

The Role of National Oil Companies
May 05, 2005

Saudi Arabia and the United States: Partners with Prosperity - The Energy Dimension

May 16, 2005

Saudi Arabia and the International Oil Market
September 21, 2005

India's Quest for Energy Security
March 31, 2006

Nigeria and the Future Global Gas Market
May 2, 2006

The Changing Role of National Oil Companies in International Energy Markets
Houston, Tx - March 1 and 2, 2007

The Changing Role of NOCs in International Energy Markets: Implications for the ME
Dubai, UAE - March 12, 2007

 

Click here to read more about the NOC Research.

 

This study was generously cosponsored by the Baker Institute Energy Forum Sponsors
and the Institute of Energy Economics, Japan.

IEEJ Logo