New business models for the international oil company
Issue 1, 2010
Utilities & alternative energy, Strategy

Petronationalism, the growing expense and risk of finding and producing oil, and the coupling between increasingly capable national oil companies and aggressive oilfield services providers have all put pressure on international oil companies in recent years. The article provides a historical perspective on petronationalism, assesses these threats and shows how both international oil companies and independent producers can rethink their business models to enable them to thrive in a changing oil world.