Essays about: "Petrostate"

Found 1 essay containing the word Petrostate.

  1. 1. The Janus Face of Petroleum: Norway, Venezuela and Petrostate-led Development

    University essay from Stockholms universitet/Romanska och klassiska institutionen

    Author : Santiago Benavides García; [2023]
    Keywords : Petroleum; Petrostate; State intervention; economic development; political context; Transnational Oil Companies; natural resource trap; corporate independence; natural resource management.;

    Abstract : This paper examines the strategic management of natural resources in Venezuela and Norway,focusing on the role of the State in the petroleum industry and its implications for economicdevelopment. In Venezuela, the national oil company PDVSA experienced increased stateintervention, leading to a dependence on petroleum revenues and limited diversification. READ MORE