The importance of transnational corporations in the supply of oil to Europe: Implications

Palazuelos, Enrique; Fernández, Rafael

doi:10.1016/j.enpol.2012.04.067

Cited by 7 publications

(8 citation statements)

References 2 publications

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“…Abundant previous research into oil companies has mainly focused on analysis of their management structure, profitability and growth (Knapp, 2004), financial performance (Pirog, 2012), and the strategic responses of major energy actors (Casertano, 2013). The responses to the local market (Ngoasong, 2014) and the role and competition of transnational companies in some special markets (Boussena & Locatelli, 2013;Palazuelos & Fern andez, 2012;Palazuelos, 2010) have also been examined.…”

Section: Introductionmentioning

confidence: 99%

Global energy networks: Insights from headquarter subsidiary data of transnational petroleum corporations

Yang

Dong

2016

Applied Geography

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a b s t r a c tOil companies are powerful international actors, and have formed complex networks by building relationships from their headquarters (HQs) to subsidiaries. However, we do not know much about these networks as energy trade networks. In this paper, we select HQ subsidiary data of the most powerful oil companies in Fortune Global 500, and employ network analysis, Gini coefficient and Herfindahl index to investigate the network centrality, inequality and regional characteristics. We find that HQs are concentrated in the Unites States, Western Europe and East Asia while subsidiaries are more dispersed in both producing and consuming countries. Compared to the trade networks, HQ subsidiary network is more complex and displays greater inequality, especially in the out-degree network. IOCs (international oil companies) and NOCs (national oil companies) show different preferences for choosing subsidiaries locations and form different networks based on their industry value chains. A more complicated network including IOCs and NOCs will be more flexible in respond to market competition and geopolitical situation. HQ-subsidiary energy networks should be seriously considered along with the international diplomatic relations when making transnational energy policies and trading.

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Section: Introductionmentioning

confidence: 99%

Global energy networks: Insights from headquarter subsidiary data of transnational petroleum corporations

Yang

Dong

2016

Applied Geography

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“…The petroleum industry is crucially important due to its economic and political implications (Palazuelos and Fernandez, 2012;Khalifa, Massimiliano and Hammoudeh, 2015). The demand, supply, and pricing of energy derivatives have an enormous impact on economic growth of nations (Pongsiri, 2004).…”

Section: Non-equity Joint Ventures and The Petroleum Industry In Egyptmentioning

confidence: 99%

“…The reason is stemmed from the worldwide profound need for oil as a prime source of energy, which will stand for years to come. Countries dependency on this source is a major concern for governments and companies (Palazuelos and Fernandez, 2012). The economic and political orientations of the world are somehow revolving around the petroleum investments.…”

Section: The Industry Environmentmentioning

confidence: 99%

“…The OPEC events and macroeconomic related news are closely watched by politicians and economists (Wang, Wu and Yang, 2008). That all captivates governments without oil resources to foster positive geopolitical strategies with companies of petroleum experiences as well as with regions of oil reserves (Palazuelos and Fernandez, 2012). In line with the participants' (P.HH), (P.SES) and (P.YT) views, countries are willing to exert pressures and use diplomacy to protect their petroleum businesses (Frank, 2009).…”

Section: The Industry Environmentmentioning

confidence: 99%

“…Governments' political and economic leniency toward the petroleum industry amplifies the magnitude of the business risk. In some cases, countries would adjust their strategies or could go to war for energy resources (Frank, 2009;Palazuelos and Fernandez, 2012).…”

Section: The Industry Environmentmentioning

confidence: 99%

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Factors Influencing Performance Management of Non-Equity Joint Ventures in the Oil Sector

Kesseba¹

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The main aim of this thesis is to identify the factors influencing performance management of petroleum joint ventures in Egypt. As such, the purpose is to explain how an operating joint venture, in the petroleum industry in Egypt, can be managed to enhance its performance. The findings of the thesis aim to suggest a practical model that incorporates the factors that influence the performance of the Egyptian petroleum joint ventures from the perspective of the partners. iv

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The Challenges and Opportunities for Road Freight Transport

Liachovičius¹,

Skrickij²

2020

TRANSBALTICA XI: Transportation Science and Technology

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The importance of transnational corporations in the supply of oil to Europe: Implications

Cited by 7 publications

References 2 publications

Global energy networks: Insights from headquarter subsidiary data of transnational petroleum corporations

Global energy networks: Insights from headquarter subsidiary data of transnational petroleum corporations

Factors Influencing Performance Management of Non-Equity Joint Ventures in the Oil Sector

The Challenges and Opportunities for Road Freight Transport

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