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Key topics: #NOCs

An evergreen chronology of Energy Flux articles about national oil companies and the economies they support

Jan 1, 2021

Mixing oil with water

National oil companies face competing priorities of decarbonising their activities while sustaining oil and gas revenues that bankroll economic development and pay for basic social welfare services. Can NOCs in developing countries follow the example of Denmark’s Ørsted, which morphed from a small state oil and gas company into global renewables champio…

2 years ago · Seb Kennedy

National oil companies could be early winners on the road to ‘net zero’

Oil-rich nations face an historic opportunity to seize market share as the world strives to pivot away from crude. State-owned oil companies can either string out supply while rivals fall by the wayside, or race to get their resources to market before it’s too late. Either way, those sitting on the cheapest barrels face fewer risks to monetising their r…

3 years ago · 1 like · Seb Kennedy

Backs to the wall: Oil exporting countries double down on fossil fuel subsidies

Fossil fuel-exporting countries are losing touch with their customers. As major import-reliant economies in Europe and Asia funnel large pots of Covid-19 stimulus funding into cleaner sources of energy, the suppliers that they still depend upon for natural gas, oil and coal are doubling down on fossil fuel subsidies—in the hope of keeping their flagship…

3 years ago · 3 likes · Seb Kennedy

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