Search Results
for International oil companies

Nigeria Bribery Scandal Reflects Cost of Doing Business in Petrostates
High-ranking officials of two major IOCs will go on trial in Milan for bribing Nigerian officials to secure lucrative contracts, marking the third major corruption scandal that has touched large oil companies in recent years.

Trump Administration Repeals Disclosure Requirements for Oil Companies
The oil industry opposed the disclosure requirements, arguing that the rules are onerous and costly while putting American companies at a disadvantage in the international market.

How Will Indonesia’s Oil Industry Fare After OPEC Suspension?
Even though Indonesia returned to the OPEC cartel for just one year, the country was able to strategically make its membership work to its advantage by securing large investments in its upstream resources after struggling to do so for some time.

Oil Industry Shaped by Changing Roles of IOCs and Service Companies
KPMG: Even as national and international oil companies continue to call the shots, oilfield service companies have emerged as the "unsung workhorse" of the oil industry.

Political Risks Cloud Iran’s Efforts to Entice Western Oil Firms
Although Iran has diligently reformed its petroleum contract to attract IOCs, the OPEC country is still dealing with a volatile political and economic environment that could delay and possibly undermine new and longer-term investment.

Gas Could Trump Oil in Iran’s Post-Sanctions World
Much of the energy discussion surrounding the lifting of Iranian sanctions has focused on the effects on oil prices, but Iran’s gas potential could shake up global gas markets and provide robust economic benefits for the country.