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List of Figures
The International Community and International
The Economics of the International Oil Industry
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Adelman areas assets borrowing British Petroleum cartel changes commercial competitive concerned concession consumers consumption contracts corporate crude oil debt decline depletion developing countries downstream economic growth Economist effect energy projects equity European example exploration exporting countries foreign free market funds future governments interest international oil industry investment investors Kuwait Libya loans major marginal cost Middle East million b/d mineral national law natural gas Nigeria non-OPEC North Sea North Sea oil OECD oil and gas oil companies oil demand oil exporting oil importing oil industry oil prices oil production OPEC OPEC countries operations organisation output percent petroleum political potential price increases price of oil problem profits programme public international refineries regime reserves result revenues rise risk role Saudi Arabia scarcity sector sources strategy structure subsidiary third world trade United Venezuela ventures warehouse inventory World Bank