Small Business in the Peruvian Oil Industry
Lobitos Oilfields Limited Before 1934
Bibliographic Data
| ID | 9622267 |
|---|---|
| Authors | Rory Miller (0000-0001-5709-3277) |
| Year | 1982 |
| Volume | 56 |
| Issue | 3 |
| Pages | 400-423 |
| Publication date | 1982-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Business History Review (JOURNAL) |
| Journal identifiers | ISSN: 0007-6805 • E-ISSN: 2044-768X |
| Publisher | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.2307/3114631 |
| OpenAlex | W2147689590 |
| Language | EN |
| Citations received | 6 |
| References cited | 13 |
For much of the twentieth century, the petroleum industry of Peru was dominated by the International Petroleum Company (or IPC), a subsidiary of the Standard Oil Company of New Jersey. Yet IPC never obtained a monopoly. Other firms, such as Lobitos Oilfields Limited, a concern founded by British merchants, produced a significant amount of Peru's output. In this article, Professor Miller examines Lobitos's development from the time of the company's founding in 1900 through the pivotal year of 1934. Although the fortunes of Lobitos were closely linked to the pertubations of the international market and the shifting policies of the Peruvian government, corporate management enjoyed an unusual flexibility not only because the firm's interests were sometimes identical with those of its powerful rival IPC, but also because its merchant founders had established a vast trading network throughout South America. These additional factors allowed Lobitos to survive as a relatively small, unintegrated independent in an age of giant, fully-integrated multinationals
Business · Economic history · Economics · Economy · Flexibility (engineering · Government (linguistics · Management · Market economy · Miller · Monopoly · Petroleum · Petroleum industry · Engineering · Natural Resources and Economic Development
Perú 1890-1977
Peru 1890–1977
The Resurgent Years 1911-1927. History of Standard Oil Company (New Jersey)
The Growth of Integrated Oil Companies
The Seven Sisters
The Resurgent Years, 1911-1927
Teagle of Jersey Standard
Government and Economic Development
The Large International Firm in Developing Countries. The International Petroleum Industry
Integration and Competition in the Petroleum Industry
Multinational Oil Companies in South America in the 1920s
The Large International Firm in Developing Countries
The Multinational Corporation as a Force in Latin American Politics
| Unique citing works | 6 |
|---|---|
| Citations per year | 0.15 |
| Citation span | 1985 - 2019 (35) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 6 |