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Note To Greenwald – The 'Russian' Pipeline Is A Germany Need – The Greanville Post

Note To Greenwald – The 'Russian' Pipeline Is A Germany Need – The Greanville Post
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The Rapid Rise Of National Oil Companies


The Rapid Rise Of National Oil Companies
By Vanand Meliksetian - Feb 09, 2021, 12:00 PM CST
The world oil markets are facing a perfect storm which eventually could lead to structural economic and geopolitical changes. While Covid-19 has decimated markets and slashed profits, climate awareness and a green restart are gaining momentum in most developed countries. While it remains uncertain how demand will develop over the next few decades, it is becoming more likely that the traditional economic ‘power balance’ between international and national oil companies will change.
Before the oil crisis of 1973, Western oil companies were the dominant force on the global market with drilling, logistics, refining, and downstream capabilities. The wave of nationalism that swept through producing countries in the post-war period changed the balance when nationalization policies created ‘National Oil Companies’ (NOC). Western firms were called ‘International Oil C ....

Saudi Arabia , United Kingdom , Vanand Meliksetian , Saudi Aramco , International Oil Companie , National Oil Companie , Bernstein Energy , British Shell , Netherlands Shell , Oil Prices , Oil Markets , Oil Supply , சவுதி அரேபியா , ஒன்றுபட்டது கிஂக்டம் , சவுதி அரம்கோ , சர்வதேச எண்ணெய் தோழர் , தேசிய எண்ணெய் தோழர் , பெர்ன்ஸ்டீன் ஆற்றல் , பிரிட்டிஷ் ஷெல் , நெதர்லாந்து ஷெல் , எண்ணெய் ப்ரைஸஸ் , எண்ணெய் சந்தைகள் , எண்ணெய் விநியோகி ,