The legal relationship between multinational oil companies and the Sudan

Problems and prospects

Bibliographic Data

ID16767675
AuthorsAdila Abusharaf, Adila Mustafa Abusharaf (corresponding author)
Year1999
Volume43
Issue1
Pages18-35
Publication date1999-01-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJournal of African Law (JOURNAL)
Journal identifiersISSN: 0221-8553 • E-ISSN: 1464-3731
PublisherCambridge University Press (PUBLISHER • US)
DOI10.1017/s0021855300008706
OpenAlexW2132241399
LanguageEN
Citations received4
References cited4

Multinational oil corporations (MNOCs) are a strategically important group of multinational corporations (MNCs). There are now many MNOCs operating in both the private and public sectors with remarkably diverse characters, strategies and objectives. Handling large budgets, revenue and capital, and complex advanced technology, they are responsible for exploration, crude oil production, refining, and distribution. These very capacities enable MNOCs to make a number of positive contributions to the economic growth and development of the developing oil-producing countries in which they operate. In that regard, MNOCs engage extensively in joint marketing operations with their host countries in various parts of the world, and foreign funds injected by MNOCs' operations relieve the shortage of financial capital and make greater production possible

Business · Capital (architecture) · Commerce · Distribution (mathematics) · Economic policy · Economic shortage · Economics · Foreign capital · Foreign direct investment · Industrial organization · International trade · Market economy · Multinational corporation · Production (economics) · Revenue · Finance · Global Energy and Sustainability Research · Global Energy Security and Policy · Natural Resources and Economic Development

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