Globalization and the World Oil Industry: A History

Author:   Paul Chastko
Publisher:   Taylor & Francis Ltd
ISBN:  

9780415806480


Pages:   208
Publication Date:   01 April 2012
Format:   Hardback
Availability:   Not yet available   Availability explained
This item is yet to be released. You can pre-order this item and we will dispatch it to you upon its release.

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Globalization and the World Oil Industry: A History


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Overview

Globalization and the World Oil Industry explains the dramatic transformation to the world petroleum industry in the 20th century from its modest beginnings as a source of illumination to its status today as the driving force behind the world economy. The book places the development of the industry in historical perspective, examining the people, ideas, inventions, and institutions - especially the rise of the multinational oil company (MNOC) - that helped shape this multibillion dollar industry. Given the MNOCs access to greater sources of investment capital, domination of transportation networks and refining facilities, the Seven Sisters established an industry with global reach and influence. Subsidiaries, established by larger MNOCs, facilitated the transfer of technologies and skills and carefully managed the resource. But MNOCs saw their power and influence wane with the rise of OPEC and beginning in the 1970s, the global oil industry began a dramatic transformation that reshaped industry and presents new challenges in the 21st century. With the proliferation of state-owned oil companies and the evolution of MNOCs wrought by globalization, some analysts question the ability of the modern oil industry to provide enough energy to sustain global economic prosperity given increasing demand from the developing world, environmental concerns, shortages of skilled and educated works, and heightened competition for investment dollars.

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Author:   Paul Chastko
Publisher:   Taylor & Francis Ltd
Imprint:   Taylor & Francis Ltd
ISBN:  

9780415806480


ISBN 10:   0415806488
Pages:   208
Publication Date:   01 April 2012
Audience:   College/higher education ,  Postgraduate, Research & Scholarly ,  Undergraduate
Format:   Hardback
Publisher's Status:   Active
Availability:   Not yet available   Availability explained
This item is yet to be released. You can pre-order this item and we will dispatch it to you upon its release.

Table of Contents

Introduction 1. Origins of the Global Petroleum Industry, 1856-1900 2. In Search of Supply: The Global Expansion of the Industry 3. Golden Age of the Multinational Oil Company 1900-1970 4. The Emergence and Rise of Producers - 1930-1980 5. Unconventional Sources 6. An Industry in Transition: 1980-2001 7. Oil in an Increasingly Globalized Economy: Above Ground Problems 8. Oil and the Environment 9. Emergence of China and the Developing World 10. Future Tense? Energy Security and Alternative Sources

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Author Information

Paul Chastko earned his PhD in history from Ohio University and is currently the Director of the University of Calgary's International Relations Program. His research interests include diplomacy and international business. His first book, Developing Alberta's Oil Sands: From Karl Clark to Kyoto, places the evolution of Alberta's oil sands within the context of the world petroleum market and examines the political, economic, and business forces that resulted in this multi-billion dollar industry.

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