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On Measuring the Performance of National Oil Companies (NOCs)
Working Paper

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Program on Energy and Sustainable Development Working Paper #64

September 2007

National oil companies (NOCs) appear resurgent in the global energy markets and now control a sizeable majority of the world's oil and gas reserves. Their performance therefore plays a key role in these markets and has implications for the supply of oil and gas resources. This paper analyzes available macro-level data on oil and gas companies in order to quantitatively compare the performance of NOCs with international oil companies (IOCs) including the global majors.

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