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 ...