|
|
Article: Oil Titans: National Oil Companies in the Middle East.(Book review)
- Article from:
- Middle East Quarterly
- Article date:
- September 22, 2007
- Author:
CopyrightCOPYRIGHT 2007 Middle East Forum. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Oil Titans: National Oil Companies in the Middle East. By Valerie Marcel with John Mitchell, contributor. London: Chatham House, Washington, D.C.: Brookings Institution Press, 2006.332 pp. $22.95, paper.
The last decade has seen a resurgence of state-owned oil companies. From Russia to Venezuela, and everywhere in between, governments have pushed aside the privately-owned international oil companies such as Shell or Exxon Mobil in favor of firms owned by the governments. Also squeezed out have been the privately-owned firms based in producing countries such as Lukoil and Yukos in Russia. In country after country, populist politicians have claimed that the ...