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Supermajordämmerung : the day of the huge integrated international oil company is drawing to a close

Material type: Text

TextPublication details: 2013Subject(s):

OIL INDUSTRY

Action note:

9/24/13 SANDRAW

Summary: Argues that less reliance by national oil companies on international oil companies, higher fuel efficiencies, stringent fuels standards, the opening up of unconventional natural-gas reserves, development of nuclear power, reduced subsidies for oil use; assistance from service companies; less need to assume the risk of big projects will see the demand for oil falling and the super majors having to diversify.

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Argues that less reliance by national oil companies on international oil companies, higher fuel efficiencies, stringent fuels standards, the opening up of unconventional natural-gas reserves, development of nuclear power, reduced subsidies for oil use; assistance from service companies; less need to assume the risk of big projects will see the demand for oil falling and the super majors having to diversify.

9/24/13 SANDRAW

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