141. Massive and Misunderstood: Data-Driven Insights into National Oil Companies
- Author:
- David Mihalyi and Patrick Heller
- Publication Date:
- 04-2019
- Content Type:
- Special Report
- Institution:
- Natural Resource Governance Institute
- Abstract:
- National oil companies (NOCs) produce the majority of the world’s oil and gas, pumping out an estimated 85 million barrels of oil equivalent per day. Within their home countries, NOCs influence the degree to which billions of people benefit (or suffer) from their countries’ hydrocarbon assets. Many of these companies manage multi-billion-dollar portfolios of public assets, execute complex projects across their territories and at sea, employ citizens in the tens or hundreds of thousands, and perform a range of public services from providing energy to building infrastructure. Despite their importance, NOCs are poorly understood thanks to weak and uneven reporting, sparse research, and an absence of publicly available comparative data.
- Topic:
- International Affairs and Natural Resources
- Political Geography:
- Global Focus