Geopolitik Energi

September 10, 2007

Factbox: National oil companies work together

FACTBOX-National oil companies work together

Wed Jul 4, 2007 7:49AM EDT


July 4 (Reuters) – Through a series of multi-million dollar deals, national oil companies have gained greater global status by working together, rather than turning to international oil majors.

In some cases the cooperation has been primarily political and is linked to the trend of resource nationalism, whereby resource-holders seek to retain the greatest share of their natural resources wealth.

Other cases are pragmatic, as national oil companies discover they can serve each other’s interests without relying on the commercial firms that have traditionally been regarded as essential sources of technical expertise.

China’s national oil companies have been particularly aggressive in pursuing opportunities to work with peers across the world as the nation seeks to cater for its huge energy needs.

For related story on the rise of national oil companies, please click on [ID:nL12694897]

Below is a reverse chronological list of some of the deals and potential partnerships between national oil companies.


April 12, 2007

Marshall Plan: Road to Conquest


Homer Paxon

Marshall Plan: Road to Conquest

Analysis of the American Way of Imperialism

From New International, Vol.14 No.5, July 1948, pp.138-143.
Transcribed & marked up by Einde O’Callaghan for ETOL.


The Marshall Plan or the European Recovery Program has to be regarded how the viewpoint of (a) the internal contradictions of US capitalism, (b) World War II and the destruction wrought in it, and (c) preparation for World War III.

For over 30 years US capitalism has been exporting far more than it has imported. World War I saw the most rapid transformation of the US from a debtor nation to a creditor. Fundamentally the change to a creditor nation – i.e., one exporting more capital and capital goods than it imports – was only an indication of the expansion of US industry and finance to a dominant position in the world.

Blog at