Natural Oil Companies and Value Creation : Volume 3. Data Set
Approximately two billion dollars a day of petroleum are traded worldwide, which makes petroleum the largest single item in the balance of payments and exchanges between nations. Petroleum represents the larger share in total energy use for most ne...
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World Bank, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2011/03/18551364/natural-oil-companies-value-creation-vol-3-3 http://hdl.handle.net/10986/16652 |
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okr-10986-166522021-04-23T14:03:31Z Natural Oil Companies and Value Creation : Volume 3. Data Set Tordo, Silvana Tracy, Brandon S. Arfaa, Noora ASSETS CASH FLOW CORPORATE GOVERNANCE CRUDE OIL CRUDE OIL EXPORTS CRUDE OIL IMPORTS CURRENCY DISTILLATION DISTRIBUTION OF OIL DIVIDENDS DOMESTIC PETROLEUM DOMESTIC REFINING ECONOMIC GEOLOGY EMPLOYMENT ENERGY INFORMATION ADMINISTRATION ENVIRONMENTAL REGULATIONS EXPENDITURE EXPENDITURES FINANCIAL PERFORMANCE FINANCIAL STATEMENT FINANCIAL STATEMENTS FINANCIAL SUSTAINABILITY FISCAL POLICY GAS GAS DEVELOPMENT GAS PRODUCTION GAS RESERVES GDP GOVERNMENT BUDGET GOVERNMENT REVENUES GROSS DOMESTIC PRODUCT HYDROCARBON SECTOR HYDROCARBONS INCOME INCOME TAXES INTERNATIONAL BANK INVESTMENT DECISIONS JOINT VENTURES LOCAL CURRENCY MINERAL MINERAL RESOURCES NATIONAL CURRENCY NATIONAL OIL NATIONAL OIL COMPANIES NATURAL GAS NATURAL RESOURCE OIL OIL & GAS OIL AND GAS OIL COMPANIES OIL COMPANY OIL CONSUMPTION OIL EXPORTS OIL IMPORTS OIL PRICE OIL PRODUCTION OIL RESERVES OPEC OPEN JOINT STOCK COMPANY OUTPUT PETROLEUM PETROLEUM OIL PETROLEUM PRODUCTS PETROLEUM SECTOR POLITICAL STABILITY PRICE SUBSIDIES PUBLIC COMPANY REFINERY REFINERY CAPACITY REPLACEMENT RATE RESERVE RULE OF LAW STATISTICAL ANALYSIS TAXATION TOTAL REVENUE TRANSPARENCY WTO Approximately two billion dollars a day of petroleum are traded worldwide, which makes petroleum the largest single item in the balance of payments and exchanges between nations. Petroleum represents the larger share in total energy use for most net exporters and net importers. While petroleum taxes are a major source of income for more than 90 countries in the world, poor countries net importers are more vulnerable to price increases than most industrialized economies. This paper has five chapters. Chapter one describes the key features of upstream, midstream, and downstream petroleum operations and how these may impact value creation and policy options. Chapter two draws on ample literature and discusses how changes in the geopolitical and global economic environment and in the host governments' political and economic priorities have affected the rationale for and behavior of National Oil Companies' (NOCs). Rather than providing an in-depth analysis of the philosophical reasons for creating aNOC, this chapter seeks to highlight the special nature of NOCs and how it may affect their existence, objectives, regulation, and behavior. Chapter three proposes a value creation index to measure the contribution of NOCs to social value creation. A conceptual model is also proposed to identify the factors that affect value creation. Chapter four presents the result of an exploratory statistical analysis aimed to determine the relative importance of the drivers of value creation. In addition, the experience of a selected sample of NOCs is analyzed in detail, and lessons of general applicability are derived. Finally, Chapter five summarizes the conclusions. 2014-01-28T19:01:38Z 2014-01-28T19:01:38Z 2011-03-01 http://documents.worldbank.org/curated/en/2011/03/18551364/natural-oil-companies-value-creation-vol-3-3 http://hdl.handle.net/10986/16652 English en_US World Bank working paper;no. 218 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Publication Publications & Research |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ASSETS CASH FLOW CORPORATE GOVERNANCE CRUDE OIL CRUDE OIL EXPORTS CRUDE OIL IMPORTS CURRENCY DISTILLATION DISTRIBUTION OF OIL DIVIDENDS DOMESTIC PETROLEUM DOMESTIC REFINING ECONOMIC GEOLOGY EMPLOYMENT ENERGY INFORMATION ADMINISTRATION ENVIRONMENTAL REGULATIONS EXPENDITURE EXPENDITURES FINANCIAL PERFORMANCE FINANCIAL STATEMENT FINANCIAL STATEMENTS FINANCIAL SUSTAINABILITY FISCAL POLICY GAS GAS DEVELOPMENT GAS PRODUCTION GAS RESERVES GDP GOVERNMENT BUDGET GOVERNMENT REVENUES GROSS DOMESTIC PRODUCT HYDROCARBON SECTOR HYDROCARBONS INCOME INCOME TAXES INTERNATIONAL BANK INVESTMENT DECISIONS JOINT VENTURES LOCAL CURRENCY MINERAL MINERAL RESOURCES NATIONAL CURRENCY NATIONAL OIL NATIONAL OIL COMPANIES NATURAL GAS NATURAL RESOURCE OIL OIL & GAS OIL AND GAS OIL COMPANIES OIL COMPANY OIL CONSUMPTION OIL EXPORTS OIL IMPORTS OIL PRICE OIL PRODUCTION OIL RESERVES OPEC OPEN JOINT STOCK COMPANY OUTPUT PETROLEUM PETROLEUM OIL PETROLEUM PRODUCTS PETROLEUM SECTOR POLITICAL STABILITY PRICE SUBSIDIES PUBLIC COMPANY REFINERY REFINERY CAPACITY REPLACEMENT RATE RESERVE RULE OF LAW STATISTICAL ANALYSIS TAXATION TOTAL REVENUE TRANSPARENCY WTO |
| spellingShingle |
ASSETS CASH FLOW CORPORATE GOVERNANCE CRUDE OIL CRUDE OIL EXPORTS CRUDE OIL IMPORTS CURRENCY DISTILLATION DISTRIBUTION OF OIL DIVIDENDS DOMESTIC PETROLEUM DOMESTIC REFINING ECONOMIC GEOLOGY EMPLOYMENT ENERGY INFORMATION ADMINISTRATION ENVIRONMENTAL REGULATIONS EXPENDITURE EXPENDITURES FINANCIAL PERFORMANCE FINANCIAL STATEMENT FINANCIAL STATEMENTS FINANCIAL SUSTAINABILITY FISCAL POLICY GAS GAS DEVELOPMENT GAS PRODUCTION GAS RESERVES GDP GOVERNMENT BUDGET GOVERNMENT REVENUES GROSS DOMESTIC PRODUCT HYDROCARBON SECTOR HYDROCARBONS INCOME INCOME TAXES INTERNATIONAL BANK INVESTMENT DECISIONS JOINT VENTURES LOCAL CURRENCY MINERAL MINERAL RESOURCES NATIONAL CURRENCY NATIONAL OIL NATIONAL OIL COMPANIES NATURAL GAS NATURAL RESOURCE OIL OIL & GAS OIL AND GAS OIL COMPANIES OIL COMPANY OIL CONSUMPTION OIL EXPORTS OIL IMPORTS OIL PRICE OIL PRODUCTION OIL RESERVES OPEC OPEN JOINT STOCK COMPANY OUTPUT PETROLEUM PETROLEUM OIL PETROLEUM PRODUCTS PETROLEUM SECTOR POLITICAL STABILITY PRICE SUBSIDIES PUBLIC COMPANY REFINERY REFINERY CAPACITY REPLACEMENT RATE RESERVE RULE OF LAW STATISTICAL ANALYSIS TAXATION TOTAL REVENUE TRANSPARENCY WTO Tordo, Silvana Tracy, Brandon S. Arfaa, Noora Natural Oil Companies and Value Creation : Volume 3. Data Set |
| relation |
World Bank working paper;no. 218 |
| description |
Approximately two billion dollars a day
of petroleum are traded worldwide, which makes petroleum the
largest single item in the balance of payments and exchanges
between nations. Petroleum represents the larger share in
total energy use for most net exporters and net importers.
While petroleum taxes are a major source of income for more
than 90 countries in the world, poor countries net importers
are more vulnerable to price increases than most
industrialized economies. This paper has five chapters.
Chapter one describes the key features of upstream,
midstream, and downstream petroleum operations and how these
may impact value creation and policy options. Chapter two
draws on ample literature and discusses how changes in the
geopolitical and global economic environment and in the host
governments' political and economic priorities have
affected the rationale for and behavior of National Oil
Companies' (NOCs). Rather than providing an in-depth
analysis of the philosophical reasons for creating
aNOC, this chapter seeks to highlight the special
nature of NOCs and how it may affect their existence,
objectives, regulation, and behavior. Chapter three proposes
a value creation index to measure the contribution of NOCs
to social value creation. A conceptual model is also
proposed to identify the factors that affect value creation.
Chapter four presents the result of an exploratory
statistical analysis aimed to determine the relative
importance of the drivers of value creation. In addition,
the experience of a selected sample of NOCs is analyzed in
detail, and lessons of general applicability are derived.
Finally, Chapter five summarizes the conclusions. |
| format |
Publications & Research :: Publication |
| author |
Tordo, Silvana Tracy, Brandon S. Arfaa, Noora |
| author_facet |
Tordo, Silvana Tracy, Brandon S. Arfaa, Noora |
| author_sort |
Tordo, Silvana |
| title |
Natural Oil Companies and Value Creation : Volume 3. Data Set |
| title_short |
Natural Oil Companies and Value Creation : Volume 3. Data Set |
| title_full |
Natural Oil Companies and Value Creation : Volume 3. Data Set |
| title_fullStr |
Natural Oil Companies and Value Creation : Volume 3. Data Set |
| title_full_unstemmed |
Natural Oil Companies and Value Creation : Volume 3. Data Set |
| title_sort |
natural oil companies and value creation : volume 3. data set |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2011/03/18551364/natural-oil-companies-value-creation-vol-3-3 http://hdl.handle.net/10986/16652 |
| _version_ |
1764434281949560832 |