Author: Fereidun Fesharaki Publisher: Routledge ISBN: 100030793X Category : Political Science Languages : en Pages : 237
Book Description
This book gives information on the OPEC nations' changing roles in the world oil market as they expand to "downstream" activities. It provides an overview of the production capabilities and policies of major oil exporters and examines the refinery overcapacity crisis in the developed world.
Author: Fereidun Fesharaki Publisher: Routledge ISBN: 9781138686670 Category : Languages : en Pages : 268
Book Description
First published in 1983, this book provides a detailed look at the OPEC nations� changing roles in the world oil market as they expanded their participation in "downstream" activities such as the hydrocarbon industries formerly controlled by the major oil companies. The authors begin with a detailed survey of world oil resources and an overview of the production capabilities and polices of major oil exporters. They then examine the contemporary refinery overcapacity crisis in the developed world, outline the refinery construction plans of the OPEC nations and the refinery scrapping problems in the industrialised world, and employ simulation tools to estimate the future output mix of refineries in key OPEC nations. A discussion of the comparative economics of refineries in the Gulf and in Europe in also included. Turning to the tanker industry, the authors project future oil export patterns and tanker demand in light of changing import/export need and OPEC�s participation in oil and refined products transport. Subsequent chapters describe OPEC�s ventures into petrochemical manufacturing and natural gas processing. The book concludes with a chapter on the future of OPEC, examining its changing power structure, the influence of non-OPEC oil production, possible future oil-pricing policies, and the opportunities and constraints that OPEC nations will meet as they expand their operations in the downstream oil industry. This book will be of interest to students of economics and Middle East and international politics.
Author: Fereidun Fesharaki Publisher: Routledge ISBN: 1134875169 Category : Business & Economics Languages : en Pages : 287
Book Description
First published in 1983, this book provides a detailed look at the OPEC nations’ changing roles in the world oil market as they expanded their participation in "downstream" activities such as the hydrocarbon industries formerly controlled by the major oil companies. The authors begin with a detailed survey of world oil resources and an overview of the production capabilities and polices of major oil exporters. They then examine the contemporary refinery overcapacity crisis in the developed world, outline the refinery construction plans of the OPEC nations and the refinery scrapping problems in the industrialised world, and employ simulation tools to estimate the future output mix of refineries in key OPEC nations. A discussion of the comparative economics of refineries in the Gulf and in Europe in also included. Turning to the tanker industry, the authors project future oil export patterns and tanker demand in light of changing import/export need and OPEC’s participation in oil and refined products transport. Subsequent chapters describe OPEC’s ventures into petrochemical manufacturing and natural gas processing. The book concludes with a chapter on the future of OPEC, examining its changing power structure, the influence of non-OPEC oil production, possible future oil-pricing policies, and the opportunities and constraints that OPEC nations will meet as they expand their operations in the downstream oil industry. This book will be of interest to students of economics and Middle East and international politics.
Author: Joan Pearce Publisher: Routledge ISBN: 1317209850 Category : Business & Economics Languages : en Pages : 120
Book Description
First published in 1983, this book a number of collects the essays about the effects of a sustained period of low oil prices. The opening chapter describes how oil prices have impinged on other elements of the economy and assesses the costs and benefits, in the short and long term, of low prices. The following three chapters deal with different groups of countries and indicate clearly that for none of them do lower oil prices have unequivocally positive or negative effects — a situation examined in the chapter on the international financial system. The last three chapters analyse the shifts lower prices are likely to produce in relations among the groups closely involved in the oil market.
Author: Mohammed E. Ahrari Publisher: University Press of Kentucky ISBN: 0813156653 Category : Political Science Languages : en Pages : 272
Book Description
A glut of oil, dropping prices, the threat of insolvency, a divided membership -- these developments in the early weeks of 1985 underline the cogency of Mohammed Ahrari's historical study of the OPEC oil cartel and his argument that economic forces, not politics, determine OPEC's action in the world arena. The impetus for the formation of OPEC in 1960 was the desire of the oil-producing states for greater income from their most valuable resource. The international oil corporations had secured lucrative concessions early in this century, and in the 1960s they still dictated both the terms of production and the prices paid the oil states. In the buyers' market of the 1960s, the organization found itself with little economic clout. But in the early 1970s, OPEC members succeeded not only in manipulating the price of crude oil but in reducing the status of the oil corporations to that of mere managers of upstream operations. In addition, they accumulated enormous numbers of petrodollars by exploiting increasingly tight markets in the aftermath of the oil embargo of 1973 and the Iranian revolution in 1979. The effects of OPEC policies on the consuming countries have been skyrocketing inflation and sustained recession, with profound political repercussions. But the OPEC members have found their apparent power an uncertain blessing, as Mr. Ahrari demonstrates. Their failure to develop pricing formulas sensitive to fluctuations in the international oil market have made them highly vulnerable. In addition, the political tensions emanating from the Iran-Iraq war and from the specter of repetition of Iranian-style revolution elsewhere in the Persian Gulf have made OPEC's continued viability highly uncertain.
Author: Tim Niblock Publisher: Routledge ISBN: 1317235738 Category : Business & Economics Languages : en Pages : 132
Book Description
Written in 1985, at a time when the world oil industry was facing a difficult period of over-supply and falling prices, this book examines some of the most important strategic issues facing both the producers and consumers of oil and gas. A theme underlying al the papers is the need for strengthening the co-operation between producing and consuming nations, especially between the Arab Gulf States and the members of the EU. The security of supply is also examined in the light of regional instability and peace in the Middle East.
Author: Ragaei el Mallakh Publisher: Routledge ISBN: 1317244745 Category : Business & Economics Languages : en Pages : 297
Book Description
Addressing the major issues arising from the power ascribed to the Organization of the Petroleum Exporting Countries (OPEC), this book reflects the bredth, expertise and multifaceted viewpoints of the contributors: members of OPEC itself, industry representatives, and scholars and energy specialists from the USA, Europe and the Middle East. Throughout the book, the authors look at the potential of OPEC, discernible trends in such crucial areas as global petroleum supply and pricing, and the international economic and political implications of both.
Author: Amitav Acharya Publisher: Routledge ISBN: 1317975413 Category : Political Science Languages : en Pages : 226
Book Description
First published in 1989, this title explores the nature and dimensions of the U.S. strategy in the Gulf in the formative years that followed the fall of the Shah, the Soviet invasion of Afghanistan and the outbreak of the Iran-Iraq war. It describes the formation of the U.S. Rapid Deployment Joint Task Force and the U.S. Central Command, their force structure and the network of U.S. bases and facilities in the region. The role of pro-Western countries in the wider region, in particular Pakistan, Egypt, Jordan, and Israel, in the formulation of strategy is discussed in detail, along with a more general assessment of the achievements and failures of U.S. strategy in the Gulf towards the end of the 1980s. In light of the persistent struggle for peace within the Middle East, this is a timely reissue, which will be of great interest to students researching U.S. military strategy over the past thirty years.
Author: David Hawdon Publisher: Routledge ISBN: 1351388533 Category : Business & Economics Languages : en Pages : 124
Book Description
Originally published in 1985 by a group of international experts and oil industry officials, this book surveys the dramatic changes which took place in the oil industry in the second half of the twentieth century. It discusses the role of OPEC and the long term impact its decisions had for both producers and oil consumers and examines possible future trends in the oil industry structure and stability, together with the possible consequences for North Sea oil and gas development.
Author: Fereidun Fesharaki
Author: Fereidun Fesharaki
Author: Fereidun Fesharaki
Author: Joan Pearce
Author: Mohammed E. Ahrari
Author: Mary Ann Tetreault
Author: Tim Niblock
Author: Ragaei el Mallakh
Author: Amitav Acharya
Author: David Hawdon