This note considers the sector of the oil and gas industry, one of the largest and most important industries in the world economy. The note describes the importance of industry and key business segments, including exploration and production, refining and marketing, natural gas and petroleum products. The note provides background information on the industry's financial performance, the role of OPEC, and the problems of the oil producing countries have had in capitalizing on their natural resources (ie, the resource curse). Note summarizes the main competitors among integrated oil companies (IOCs) and national oil companies (NOCs), and independent.
This study Thunderbird Case. "Hide
by Andrew C. Inkpen, Michael Moffett Source: Thunderbird School of Global Management 17 pages. Publication Date: January 1, 2010. Prod. #: TB0223-PDF-ENG
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