British Petroleum and Global Oil 1950-1975: The Challenge of NationalismDramatic narrative, arresting analysis and original research are combined in this book, which addresses the history of one of the world's biggest oil businesses between 1950 and 1975. Assessing BP's comparative performance, the book focuses on how BP responded politically, economically and culturally to the rise of new competitors, the decline of Britain's imperial power, and the determination of nation states to assert national sovereignty over the vital commodity, oil. Climaxing with the OPEC crisis which shook the world in the 1970s, the book - authorised by BP with uniquely unrestricted access to its records - is of wide interest and relevance, especially for those interested in big business, globalisation and nationalism, international affairs, OPEC, the Middle East, and oil. --Publisher description. |
Contents
The structure and sinews of the Company | 13 |
THE EXPANSION OF NONIRANIAN SUPPLIES | 20 |
HOLDING ON TO MARKETS | 30 |
STAFF AND ORGANISATION | 31 |
FINANCE | 36 |
STRATEGY | 45 |
Management and culture | 48 |
THE MANAGERIAL HIERARCHY | 58 |
THE FAR EAST | 267 |
ENTRY INTO AMERICA | 271 |
Refining and shipping | 279 |
SHIPPING | 290 |
Financial strains | 299 |
The managerial hierarchy | 316 |
HUMAN RESOURCES AND ORGANISATION | 324 |
DIVERSIFICATIONS | 337 |
MANAGEMENT CULTURE | 68 |
The Suez crisis | 75 |
PRECAUTIONARY PLANNING | 77 |
THE ANGLOAMERICAN SCHISM | 82 |
THE OIL LIFT | 92 |
The energetic search for new sources of crude oil | 100 |
THE DECISION TO DIVERSIFY OIL SOURCES | 105 |
NIGERIA | 109 |
LIBYA | 113 |
SOUTH AMERICA AND THE CARIBBEAN | 119 |
CANADA | 125 |
Finance and the British government | 130 |
UNDER PRESSURE FROM THE PRODUCERS | 141 |
The advent of OPEC | 143 |
THE FORMATION OF OPEC | 147 |
ROYALTY EXPENSING AND OPECS WEAK LINK | 151 |
The political balancing act | 162 |
THE IPC AND IRAQ | 163 |
THE PIVOTAL ROLE OF IRAN | 171 |
The Holy Grail of exploration | 185 |
BRITAIN AND THE NORTH SEA | 195 |
A SECONDCLASS POWER | 203 |
The push for outlets | 216 |
OUR MARKETING POLICY HAS BEEN OUR CONCESSIONS POLICY | 217 |
EUROPEAN MARKETS | 226 |
THE UK | 229 |
FRANCE | 240 |
WEST GERMANY | 243 |
ITALY | 248 |
And more outlets | 252 |
INDIA AND PAKISTAN | 256 |
THE CONSOLIDATED AREA | 260 |
Alliances in petrochemicals | 339 |
NEGOTIATIONS WITH ICI | 344 |
THE PARTNERSHIP WITH DISTILLERS | 348 |
GROWTH THROUGH JOINT VENTURES | 350 |
THE LURE OF INTEGRATION | 370 |
Integration in petrochemicals | 374 |
THE BPDISTILLERS MERGER | 379 |
RATIONALISATION | 386 |
Computing | 394 |
THE RISE OF OPERATIONAL RESEARCH | 399 |
THE DEMISE OF OPERATIONAL RESEARCH | 416 |
Nutrition | 424 |
RESEARCH AND DEVELOPMENT | 425 |
DEMONSTRATION UNITS | 431 |
LARGESCALE COMMERCIALISATION | 434 |
DEMISE OF BP PROTEINS | 438 |
BIRTH OF BP NUTRITION | 443 |
OPEC TAKES CONTROL | 445 |
An avalanche of escalating demands | 447 |
OIL THE ACHILLES HEEL OF THE WEST | 448 |
THE LIBYAN BREAKTHROUGH | 450 |
THE TEHRAN AGREEMENT | 455 |
LIBYA AGAIN | 462 |
The end of an era | 467 |
THE YOM KIPPUR WAR | 474 |
THE OIL CRISIS | 479 |
Retrospect and conclusion | 490 |
Notes to the text | 500 |
Notes to the tables graphs and diagrams | 596 |
| 602 | |
| 616 | |
Other editions - View all
British Petroleum and Global Oil 1950-1975: The Challenge of Nationalism James Bamberg No preview available - 2000 |
Common terms and phrases
Abadan agreement Alaska April Arab Ashford August Bamberg barrel board meeting BP's Bridgeman Britain British Hydrocarbon Chemicals British Petroleum British Petroleum Company cent chairman chemical and plastics Committee Company's concessions Consortium countries crisis crude oil Deam December Department directors Distillers dividend Drake economic exploration February foreign Fraser Grangemouth Gulf ibid international oil Iran Iranian Iraq January July June Kuwait Libya London March Memorandum Middle East Middle East oil MNC Hearings nationalisation negotiations Newby Nigeria November October oil companies oil fields oil industry oil majors oil production oil supplies OPEC Operational Research organisation Pattinson petrochemical Petroleum Chemicals plant posted prices profits proteins Prudhoe Bay refinery report for board Reports and Accounts Royal Dutch-Shell Saudi Arabia September Shah share shareholding Shell Sohio staff Standard Oil Standard Oil NJ Strathalmond Suez crisis tankers Tehran tion Unsigned
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