Freeman Spogli Institute for International Studies Program on Energy and Sustainable Development Stanford University


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December 13th, 2010

Nolan and Thurber identify risk as a major driver of whether countries use private or state-owned oil companies

In a new working paper, PESD affiliate Peter A. Nolan and associate director Mark Thurber find that considerations of risk help explain why oil-rich states may choose international oil companies rather than state-controlled enterprises to find and extract oil in "frontier" territories. +PDF+
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