National oil company

In today's world, National oil company is a topic that has generated a lot of interest and debate. From its origins to its relevance today, National oil company has been the subject of study and research by experts in various disciplines. Its impact on society, culture and the economy has been significant, and its influence has spread globally. In this article, we will explore the different facets of National oil company, from its evolution over time to its implications in the contemporary world. We will analyze its importance and reflect on its relevance in the current context, with the aim of providing a comprehensive and updated vision on this topic.

Type of petroleum company

A national oil company (NOC) is a petroleum company that is fully or partly owned by the government of a sovereign nation.^: 3NOCs produce about half the world’s oil and gas.

Due to their increasing dominance over global reserves, the importance of NOCs has risen dramatically in recent decades relative to International Oil Companies (IOCs), such as BP, ExxonMobil or Shell plc. NOCs are also increasingly investing outside their national borders.^{[citation needed]}

See also

• List of petroleum companies
• Nationalization of oil supplies
• State-owned enterprise

References

1. ^ "Opportunity NOCs: How investors can jumpstart energy transitions in national oil companies". The 2035 Initiative at UC Santa Barbara. Retrieved 2024-02-10.
2. ^ Cahill, Ben; Swanson, Kjersti (2023-12-13). "National Oil Companies, Climate Commitments, and Methane".
3. ^ "Facing the Future: What National Oil Companies Say About the Energy Transition". Natural Resource Governance Institute. Retrieved 2024-02-10.

External links

• National Oil Company Database

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