Overview

This book addresses the challenges facing stable democratic states in dealing with oil companies in order to secure general welfare gains. Political stability means that such states should be able to take a longer term perspective. The principal topic considered is petroleum industry regulation but the insights extend to other non-renewable natural resources. A particular issue addressed is the question of tax competition between producing countries. Within the context of company/government relations the book considers such current topics as the challenges of dealing with merged companies and the strategic choices facing tax authorities.

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9780754642527

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Reviews

'As the oil industry increasingly becomes global, the ability to understand and handle different aspects of host countries' tax and regulatory systems is critical for companies' competitive position. This book provides important insight on how the interplay between regulatory and tax policies and companies' actions affect government revenues and optimal location decisions.' Eirik WA|rness, Chief Economist, Statoil, Norway

'As the oil industry increasingly becomes global, the ability to understand and handle different aspects of host countries' tax and regulatory systems is critical for companies' competitive position. This book provides important insight on how the interplay between regulatory and tax policies and companies' actions affect government revenues and optimal location decisions.' Eirik Waerness, Chief Economist, Statoil, Norway

Author Information

Dr Solveig Glomsrod is Research Fellow in the Division of Petroleum and Environmental Economics, Research Department, Statistics Norway. Petter Osmundsen is Professor in the Section of Petroleum Economics, Stavanger University College, Norway. Solveig Glomsrod, Petter Osmundsen, Hans Jarle Kind, Ragnar Tveteras, Thomas A. Gresik, Torbjorn Eika, Knut Moum, Rognvaldur Hannesson, Alex Kemp, Linda Stephen, Nina Bjerkedal, Torgeir Johnsen.

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