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ID114312
Title ProperImportance of transnational corporations in the supply of oil to Europe
Other Title Informationimplications
LanguageENG
AuthorPalazuelos, Enrique ;  Fernandez, Rafael
Publication2012.
Summary / Abstract (Note)This paper analyzes the positioning of European and American transnational oil companies in the supply of oil from outside Europe to European countries. The analysis focuses on the triangular relationship between: the control that these companies exercise over oil refining and the marketing of petroleum products in Europe; the international production of crude by these companies in oil regions; and the import of crude oil by European countries. Two indicators were developed to assess the relevance of these large corporations: (a) the extent of the supply to their European refineries via their own international production, and (b) the contribution of each company to the total crude oil imports received by six European countries.
`In' analytical NoteEnergy Policy Vol. 47; Aug 2012: p. 270-281
Journal SourceEnergy Policy Vol. 47; Aug 2012: p. 270-281
Key WordsOil Imports ;  Transnational Corporations ;  Europe's Oil Dependency