This note considers the sector of the oil and gas industry. The note first provides background information on the industry's financial performance, the role of OPEC, and the problems of the oil producing countries have had in capitalizing on their natural resources (ie, the resource curse). Further, the note summarizes the main competitors among integrated oil companies (IOCs) and national oil companies (NOCs), and independent. The note describes the major business segments, including exploration and production, refining and marketing, natural gas and petroleum products. The note concludes with a discussion of the development of the industry.
This study Thunderbird Case. "Hide
by Andrew C. Inkpen Source: Thunderbird School of Global Management 22 pages. Publication Date: April 23, 2008. Prod. #: TB0035-PDF-ENG
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