1st Edition

Handbook of OPEC and the Global Energy Order
Past, Present and Future Challenges




ISBN 9780367195656
Published February 4, 2020 by Routledge
360 Pages

USD $230.00

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Book Description

The Organization of the Petroleum Exporting Countries (OPEC), celebrating its 60th anniversary in 2020, is one of the most recognizable acronyms in international politics. The organization has undergone decades of changing importance, from political irrelevance to the spotlight of world attention and back; and from economic boom for its members to deep political and financial crisis.

This handbook, with chapters provided by scholars and analysts from different backgrounds and specializations, discusses and analyzes the history and development of OPEC, its global importance, and the role it has played, and still plays, in the global energy market. Part I focuses on the relationship between OPEC and its member states. Part II examines the relationship between OPEC and its customers, the consuming countries and their governments, while Part III addresses the relationship between OPEC and its competitors and potential partners, the non-OPEC producers, and the international oil companies. The final section, Part IV, looks at OPEC and the governance of international energy.

Chapter 20 of this book is freely available as a downloadable Open Access PDF under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.

Table of Contents

  1. OPEC and the Global Energy Order, Past, Present and Future Challenges
  2. Dag Harald Claes and Giuliano Garavini

     

    Part I: OPEC and the Member Countries

     

  3. Oilmen, Petroleum Arabism and OPEC: New Political and Public Cultures of Oil in the Arab World, 1959-64
  4. Nelida Fuccaro

  5. Saudi Arabia’s Role in OPEC’s Evolution: OPEC and the Global Energy Order from its Origins to the Present Time
  6. Majid Al-Moneef

  7. Trade not Aid: OPEC and its Contribution towards Restructuring the Iranian Economy in the 1960s
  8. Touraj Atabaki

  9. Algeria and OPEC
  10. Hocine Malti

  11. From Norm Entrepreneur to a Reluctant Overachiever: Venezuela in the History of OPEC
  12. Antulio Rosales

  13. Nigeria and the Uncertain Future of the Oil Market
  14. Michael Olorunfemi

     

     

    Part II: OPEC and Consuming Countries

  15. Be Prepared! Emergency Stockpiles of Oil Among Western Consumer Countries prior to the International Energy Agency System
  16. Hans Otto Frøland, Mats Ingulstad

  17. Talking about OPEC without Talking to OPEC? The (Non-)Relationship between the International Energy Agency and OPEC from 1974-90
  18. Henning Türk

  19. How OPEC Made the G-7: Western Coordination in the Wake of the ‘Oil Shock’
  20. Federico Romero

  21. The US Response to OPEC
  22. Victor McFarland

  23. OPEC and China: From Ideological Support to Economic Cooperation
  24. Bao Maohong

  25. The European Communities and OPEC: from Entangled International Organizations to Liberalism (1960s-80s)
  26. Yves Bouvier, Alain Beltran

     

     

    Part III: OPEC, non-OPEC and the International Oil Companies

  27. The Changing Relationship Between OPEC Countries and International Oil Companies: The Dynamics of Bargaining Power in an Evolving Market
  28. Carole Nakhle, Francesco Petrini

  29. Ignoring, Countering and Undercutting OPEC: Britain, BP, Shell and the Shifting Global Energy Order (1960-86)
  30. Jonathan R. Kuiken

  31. Consumer Countries, Producer Countries and the International Oil Industry: Italy’s Role in the Evolution of Oil Contracts (1955-75)
  32. Elisabetta Bini, Marta Musso

  33. Between the Superpower and Third-Worldism: Mexico and OPEC (1974-82)
  34. Claudia Jezabel Piña Navarro

  35. From Foes to Friends: The Relationship Between OPEC and Norway
  36. Dag Harald Claes

  37. Taking a Leaf out of OPEC's Book? The Significance of Developing Producer Country Models for State Involvement in North Sea Oil Production
  38. Eivind Thomassen

  39. OPEC and Russia: A Happy Pro Forma Marriage
  40. Mikhail Krutikhin and Indra Overland

     

    Part IV: OPEC and International Energy Governance

  41. Beyond the Texas Railroad Commission: Thirty Years of American Precedent for OPEC
  42. Ellen R. Wald

  43. The Road Not Taken: Frank Hendryx and the Proposal to Restructure Petroleum Concessions in the Middle East after the Venezuelan Pattern
  44. Juan Carlos Boué

  45. OPEC’s Struggle for International Recognition (1960-65): How a Denied Seat Agreement in Switzerland Influenced the Early Development of OPEC
  46. Fabian Trinkler

  47. When Modern Terrorism Began: the OPEC Hostage Taking of 1975
  48. Thomas Riegler

  49. OPEC and the Financialization of the Oil Market
  50. Dag Harald Claes and John H. Moe

  51. OPEC as a Political Club
  52. Jeff D. Colgan

  53. OPEC – From Peak to Peak: The History of 'Peak Oil' and its Relevance for OPEC
  54. Øystein Noreng

  55. What Role for OPEC in the Last Generation of Oil?

Greg Muttitt

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Editor(s)

Biography

Dag Harald Claes is Professor in the Department of Political Science at the University of Oslo. He is a former Research Fellow of the Fridtjof Nansen Institute and Senior Research Fellow in the ARENA program at the University of Oslo. Professor Claes has published studies of oil-producer cooperation, conflict and cooperation in oil and gas markets, Arctic oil and gas, the energy relations between Norway and the European Union, and the role of oil in Middle East conflicts.

Giuliano Garavini teaches international history at Roma Tre University in Rome. He has taught and received fellowships at various institutions including NYU Abu Dhabi, the European University Institute (EUI), the Graduate Institute in Geneva, the University of Bologna and the University of Padua. He has mainly written about European integration, decolonization and the Global South, the history of energy and petroleum.

Support Material

Open Access Content

  • Chapter 20 (.pdf) OPEC and Russia A happy pro forma marriage, by Mikhail Krutikhin and Indra Overland

    Open Access content has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives (CCBY-NC-ND) license