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This paper addresses the charge made by environmental groups that oil companies, since the 1970's, have been acquiring alternative energy patents, to restrict these technologies from reaching the market. The purpose of these restrictions was to protect profits from oil, natural gas and coal. In addressing this charge, I reviewed the literature to ascertain if any conclusive study had been performed to substantiate this charge. To date, none had been performed. While no conclusive study had been performed to support the environmentalist position, an evaluation of economic theory along with an examination of actual U.S. Patent Office data strongly contradicts the environmentalist view. / Master of Arts

Thesis (M.S.)--Boston University

This thesis has as its primary purpose determining what, if any, resentment toward junior executive programs may exist among regular or "old" employees of a selected group of petroleum companies in the Port Arthur, Beaumont, and Port Neches area of Texas. At the same time, measures taken in these companies to cope with the problem will be studied and appraised.

China is today the third largest importer of crude oil in the world. Since 1993 when the country’s consumption of oil first exceeded the capacity of its domestic production, China has become a net importer and has witnessed a growing appetite for oil during the past decade. Energy security has been given enormous emphasis in the country’s foreign policy making, and is believed to be one of the most important components of China’s foreign policy in the 21st century. While enough ink has been spilled on the assessment of what China’s energy security policy looks like, few scholarly inquiries have been made into the domestic sources of China’s energy security policy. The purpose of this article is to reevaluate such a policy by identifying the different domestic stakeholders and analyzing how the potential divergence between the state and the oil companies influences the final policy outcome.

One key to CSR’s success has been its fuzzy definition, whereby its meaning is constantly (re)defined by practice and through the dialectical relationship between companies and their stakeholders. This thesis focuses upon the influence of MNOCs’ socio-political field upon their CSR (rather than upon specific CSR projects), from a critical realist perspective, contributing to existing research in three key ways. Firstly, I present original explanatory models that outline the practice of CSR in Colombia and Venezuela. From these models, I develop further models that categorise the types of CSR practiced in each country. I argue that Colombia follows a conventional model of private-led CSR; by contrast, the Venezuelan model pushes the boundaries of more traditional CSR definitions. Given the government’s dirigiste approach, I categorise the Venezuelan model as an example of a new form of CSR, that I call Regulated CSR (RCSR), noting the inherent contradictions of regulating to increase responsibility. Secondly, I produce original research on MNOCs’ CSR reports, examining how MNOCs’ agency is affected by global socio-political discourses. Paradoxically, whilst CSR is an important element of corporate communication, many MNOCs only disclose limited CSR-related information. Thirdly, this thesis contributes to the growing discussion of CSR’s role within the neoliberal paradigm. I argue that CSR is not and cannot be a panacea for social absences and can have negative social effects. Therefore, appropriate regulation is necessary, starting with greater corporate transparency at an international level to level-up MNOCs’ practices, and national oversight of MNOCs’ CSR budgets and practices.

Currently, there are 49 indigenous oil companies (INOCs) and 28 marginal fields operators as well as 24 multi-national oil companies (MNOCs) operating in Nigeria. This study on Nigerian INOCs has found them to have inadequate state-of-the-art upstream information systems (IS) for their operations. Prior literature also indicates inadequate research on IS with respect to the INOCs. The sector has been essential to Nigeria due to its contribution of approximately 90% of the export revenues. In addition, at least 89% of the country’s oil is produced by MNOCs while indigenous ones produce a maximum of 11%. This is as a result of many factors, including the upstream IS used by the INOCs. The main objective of the study investigated the significant barriers that limit the adoption of the state-of-the-art upstream IS by the Nigerian INOCs. Furthermore, the relevant literature reveals that the MNOCs have developed and sustained their technological expertise in using the state-of-the-art IS for all of their activities. The developed research questions of the study have been answered by the suitable parts of the research. Data were collected through the interviewing of 6 chosen stakeholders as well as the administration of 200 questionnaires to the relevant stakeholders, and finally, 140 valid questionnaires were retrieved. As a result of the significant differences which existed between the chosen groups of the stakeholders, follow-up interviews were conducted in which 12 stakeholders participated. 6 of them were the same stakeholders interviewed during the first interviews conducted prior to questionnaire-survey. A mixed-method approach was selected and was also triangulated. The study has also used objective statistical tools based on SPSS to critically discover the major obstacles that limit the adoption of the state-of-the-art IS. The study also discovered that the opinions which emerged from the research participants indicated that, cost of some state-of-the-art ICT resources, technical skill, managerial attitude, government policies, government incentives, corruption and insecurity were significant barriers that limit the adoption of state-of-the-art IS by Nigerian INOCs. The study concludes by suggesting the need to invest in sufficient resources, hold meetings between various stakeholders, develop skills in terms of quality and quantity, provide sufficient technical training, reformulate government policy towards the adoption of state-of-the-art IS, provide government incentives to adopt state-of-the-art IS, establish anti-corruption units and improve the safety of the oil workers.

The purpose of this study is to determine whether oil and gas producing companies smooth their ending reserve quantities. Smoothing is defined as a reduction in variance in the trend of ending reserve quantities over time compared to the trend of ending reserve quantities less the hypothesized smoothing variable over time. This study focuses on two variables that are most susceptible to manipulation—revisions of previous estimates and additions. This study also examines whether revisions are positively or negatively biased and the variability of the revisions. The sample consists of 70 companies chosen from oil & Gas Reserve Disclosures: 1980-1984 Survey of 400 Public Companies by Arthur Andersen and Company. For each company, ending reserve quantities for the years 1978-1984 were regressed over time, and the standard deviation of the estimate (SDE) was calculated. Then the ending reserve quantities less the hypothesized smoothing variable were regressed over time, and the SDE was calculated. A linear model and a semi-logarithmic model were used. A smoothing ratio (SR) was determined by dividing the SDE of reserves less the hypothesized smoothing variable by the SDE of ending reserve quantities. An SR greater than one indicates smoothing, and an SR less than one indicates that smoothing did not occur. The mean percentage revision and a t-test were used to test for positive or negative bias in the revisions. The mean absolute percentage revision was used to assess the relative variability of revisions. The number of companies classified as smoothers of oil reserves was statistically significant for the semi-logarithmic model but not for the linear model. Under both models the number of companies classified as smoothers of gas reserves was statistically significant. Few companies had mean percentage revisions that were significantly different from zero. The majority of companies had mean absolute revisions of under ten percent.

One key to CSR’s success has been its fuzzy definition, whereby its meaning is constantly (re)defined by practice and through the dialectical relationship between companies and their stakeholders. This thesis focuses upon the influence of MNOCs’ socio-political field upon their CSR (rather than upon specific CSR projects), from a critical realist perspective, contributing to existing research in three key ways. Firstly, I present original explanatory models that outline the practice of CSR in Colombia and Venezuela. From these models, I develop further models that categorise the types of CSR practiced in each country. I argue that Colombia follows a conventional model of private-led CSR; by contrast, the Venezuelan model pushes the boundaries of more traditional CSR definitions. Given the government’s dirigiste approach, I categorise the Venezuelan model as an example of a new form of CSR, that I call Regulated CSR (RCSR), noting the inherent contradictions of regulating to increase responsibility. Secondly, I produce original research on MNOCs’ CSR reports, examining how MNOCs’ agency is affected by global socio-political discourses. Paradoxically, whilst CSR is an important element of corporate communication, many MNOCs only disclose limited CSR-related information. Thirdly, this thesis contributes to the growing discussion of CSR’s role within the neoliberal paradigm. I argue that CSR is not and cannot be a panacea for social absences and can have negative social effects. Therefore, appropriate regulation is necessary, starting with greater corporate transparency at an international level to level-up MNOCs’ practices, and national oversight of MNOCs’ CSR budgets and practices.