1. The National Oil Company Database
- Author:
- Natural Resource Governance Institute
- Publication Date:
- 04-2019
- Content Type:
- Special Report
- Institution:
- Natural Resource Governance Institute
- Abstract:
- The National Oil Company Database helps fill a significant gap in knowledge of the global economy. National oil companies (NOCs) produce approximately 55 percent of the world’s oil and gas, pumping out an estimated 85 million barrels of oil equivalent per day. The World Bank has estimated that they control up to 90 percent of global oil and gas reserves, thereby serving as gatekeepers for international oil companies’ access to hydrocarbons. Within their home countries, NOCs influence the degree to which billions of people benefit—or suffer—as a result of their countries’ hydrocarbon wealth. 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.
- Topic:
- Government, Oil, Economy, and Database
- Political Geography:
- Global Focus