National oil company

A national oil company (NOC) is a petroleum company that is fully or partly owned by the government of a sovereign nation.^[1]^: 3 NOCs produce about half the world’s oil and gas.^[2]^[3]

Due to their increasing dominance over global reserves, the importance of NOCs has risen dramatically in recent decades relative to International Oil Companies (IOCs), such as BP, ExxonMobil or Shell plc. NOCs are also increasingly investing outside their national borders.^{[citation needed]}

References

^ "Opportunity NOCs: How investors can jumpstart energy transitions in national oil companies". The 2035 Initiative at UC Santa Barbara. Retrieved 2024-02-10.
^ Cahill, Ben; Swanson, Kjersti (2023-12-13). "National Oil Companies, Climate Commitments, and Methane".
^ "Facing the Future: What National Oil Companies Say About the Energy Transition". Natural Resource Governance Institute. Retrieved 2024-02-10.

External links

National Oil Company Database

This article related to natural gas, petroleum or the petroleum industry is a stub. You can help Wikipedia by expanding it.

[1] "Opportunity NOCs: How investors can jumpstart energy transitions in national oil companies". The 2035 Initiative at UC Santa Barbara. Retrieved 2024-02-10.

[2] Cahill, Ben; Swanson, Kjersti (2023-12-13). "National Oil Companies, Climate Commitments, and Methane".

[3] "Facing the Future: What National Oil Companies Say About the Energy Transition". Natural Resource Governance Institute. Retrieved 2024-02-10.

[1]

v t e Public services
Municipalization Nationalization Progressive tax
Concepts	Common good Free-culture movement Free newspaper Product sample Public administration Public bad Public domain Public good (economics) Public health Public interest Public land Public ownership Public policy Public rights Public procurement Public trust Public value Universal access to education Universal basic services
Basic services	Civil service Fire department Law enforcement Postal service Savings system Public broadcasting Public transport Universal basic services
Public utility	Electric utility Oil & gas Telecommunication Municipal broadband Public infrastructure Public water system Waste management
Public works	Drinking fountain Free clinic Free education Infrastructure Needle and syringe programmes Public art Public bank Public bookcase Public computer Public hospital Public library Public open space Public school Public space Public toilet Public university Supervised injection site Urban park
Social services	Publicly funded health care Public housing Job creation Job guarantee Single-payer health care National health insurance Social insurance Social pension Social security Youth services
See also	Commons Government auction Public float Public holiday Public offering Public sector Public security Public use Public viewing area
Category Commons

See also

References

External links