Oil in the New World Order - Hardcover

"High-quality readings on the development of the oil industry and oil markets in the post-Gulf War and post-Cold War era. I know of no other work that contains in one volume the range of articles covering subjects of current interest in the political economy of the petroleum market."--Kenneth A. Stammerman, U.S. State Department, on staff at the Center for National Security Studies"Covers some of the most critical aspects of the oil industry as well as the policies of many of the leading producers of crude oil."--Mohsen M. Milani, University of South Florida Academics and business executives contribute to this interdisciplinary examination of the international oil industry and the question of how its stability can be maintained. On the basis of their analyses of various Middle Eastern, former Soviet, and Latin American countries, they conclude that internal developments in these countries tend to reinforce the integration of local oil industries into the international market.Contents Introduction, by Kate Gillespie and Clement M. Henry I: Global Issues The Dynamics of Reintegration in the International Petroleum Industry, by Giacomo Luciani Perspectives on Integration in the Oil Industry: Innovations from the Financial Market, by Keith C. Brown and Robert F. Semmons Toward the Regionalization of Oil Markets, by Peter R. Odell II: Case Studies Algeria's New Oil Strategy, by Lahouari Addi Kuwait's Forward Integration, by Mary Ann TetreaultIII: New Challenges in the Former Soviet Union The Emerging Petroleum Law of the Russian Federation, by Gary B. Conine Oil and Regional Relations in the Caucasus and Central Asia in the Post-Soviet Period, by Pinar Batur-VanderLippe and Stephen Simmons IV: The Middle East The Political Economy of Iran's Oil Policy, by Hooshang Amirahmadi Progress Postponed: Iraqi Oil Policy, Past, Present, and Future, by Peter Sluglett Oil Politics in the GCC States in the Wake of the Kuwait Crisis, by David E. Long Conclusion, by Kate Gillespie and Clement M. Henry AppendixesIntegration and Price Management: Oil Regime Prospects and the Multinational Companies, by Ian Skeet Japanese Technology in the Upstream Oil Industry, by Hiroshi Morishima Forward Integration of the Venezuelan Oil Industry, by Angel E. Olmeta Opportunities for Energy Investment in Russia and the Republics, by Alfred J. Boulos Kate Gillespie is associate professor of international business and Clement M. Henry is professor of government and Middle East studies at the University of Texas, Austin. Gillespie is the author of The Tripartite Relationship: Government, Foreign Investors, and Local Investors During Egypt's Economic Opening as well as articles in Columbia Journal of World Business, Journal of International Business Studies, and The Middle East Journal. Henry directed the Business School at the American University of Beirut from 1981 to 1984 and is the author of numerous books and articles on Middle Eastern politics and finance, including a second edition in 1994 of Images of Development: Egyptian Engineers in Search of Industry, under the name of Clement Henry Moore.

An interdisciplinary examination of the international oil industry and the question of how its stability can be maintained. This text concludes that internal developments in these countries tend to reinforce the integration of local oil industries into the international market.