Statoil - Opportunities and the Risk of Entering New Foreign Markets in the Context of the Economic, Political, Cultural Aspects and Dimensions of Hofstede's National Cultures

• Autorzy: Alicja Wiącek
• Języki publikacji: EN

Abstrakty

EN

Equinor (formerly Statoil) deals in the exploration, production, transport, refining and sale of crude oil and petroleum products. Recently, the oil industry has experienced the deepest crisis since at least the nineties. Despite the resignation of many important investors, it should be remembered that the population is growing, the world is also demanding energy. Therefore, despite instability in the oil market, Equinor wants to develop its operations. Of course, the company has place an emergency plan for "worsetimes", which is why it is developing towards renewable energy sources. It also does not cease operations at all stages from exploration to production in the oil sector. Therefore, the purpose of this work is to present new mining areas for Statoil. (original abstract)

Słowa kluczowe

EN

Petroleum industry; Oil sector

PL

Przemysł naftowy; Sektor naftowy

• Czasopismo: Energy Policy Studies
• Rocznik: 2019
• Numer: nr 1(3)
• Strony: 3--16

Twórcy

autor

Alicja Wiącek

• Rzeszow University of Technology, doktorantka

Bibliografia

• Andrijauskienė M., Dumčiuvienė D., Hofstede's cultural dimensions and national innovation level, 2017.
• Arab Republic of Egypt - Ministry of Petroleum, Investment Elements, http://www.petroleum.gov.eg/en/Investment/InvestmentElements/Pages/default.aspx [access: 04.01.2019].
• Baker J.A., The political, economic, social, cultural and religious trends in the Middle East and the gulf and their impact on energy supply, security and pricing. Institute for Public Policy of Rice University, http://large.stanford.edu/publications/coal/references/baker/studies/tme/docs/TrendsinMiddleEast_MainStudy.pdf [access: 17.01.2019].
• Business Anti-Corruption Portal, Ecuador Corruption Report, 2016, https://www.business-anti-corruption.com/country-profiles/ecuador/ [access: 10.01.2019].
• Bustamante R., Oil Regulation, Ecuador, 2018, https://gettingthedealthrough.com/area/24/jurisdic-tion/32/oil-regulation-ecuador/ [access: 10.01.2019].
• Capeotway Associates, The Global Oil Market, 2016, https://www.energy.gov.au/sites/g/files/net3411/f/the-global-oil-market-a-review-paper-2016.pdf [access: 17.01.2019].
• Craig A., World's Top 10 Oil Exporters, 2018, https://www.investopedia.com/articles/company-insights/082316/worlds-top-10-oil-exporters.asp [access: 17.01.2019].
• Diagnostic tool, https://globaledge.msu.edu/tools-and-data/diagnostic-tools [access: 08.01.2019].
• Doing Business 2018-A World Bank Group Flagship Report, http://www.doingbusiness.org/content/dam/doingBusiness/media/Annual-Repor [access: 04.01.2019].
• Equinor, Information about an international energy company, https://www.equinor.com/en/about-us.html [access: 03.01.2019].
• Euler Hermes Economic Reserch, Country Report Ecuadro, 2016, http://www.eulerhermes.us/economic-research/Documents/ecuador-country-report-dec16.pdf [access: 10.01.2019].
• Factsheet: Urban Mobility Challenges in Ecuador and Quito, https://www.sutp.org/files/contents/documents/News/Factsheet-Ecuador-ENG.pdf[access: 10.01.2019].
• Fonfara K., Istota u zakres procesu interacjonalizacji firmy [w:] Zachowania przedsiębiorstw w procesie interancjonalizacji. Podejście sieciowe, PWE, Warszawa 2009.
• Fryc J., Statoil chce zmienić nazwę na Equinor, https://businessinsider.com.pl/wiadomosci/statoil-chce-zmienic-nazwe-na-equinor/9lj0d44 [access: 03.01.2019].
• Halime F., Egypt's Biggest Oil Debts, June, 2013, http://rebeleconomy.com/tag/egpc/ [access: 08.01.2019].
• Hofstede - Insights, Country Comparisonhttps://www.hofstede-insights.com/country-comparison/ecuador,egypt,kuwait,the-united-arab-emirates/ [access: 24.01.2019].
• Hofstede G., Hofstede G.J., Minkov M., Cultures and Organizations: Software of Mind, Mc Graw-Hill, USA, 2010.
• International Monetary Fund, Kuwait: Financial System Stability Assessment-Update, 2010, https://www.imf.org/external/pubs/ft/scr/2010/cr10239.pdf [access: 17.01.2019].
• Khashman N., Investigating the Application of Hofstede's Model of Cultural Dimensions to Arabic Web Interfaces, McGill University, 2014, http://digitool.library.mcgill.ca/webclient/Stream-Gate?folder_id=0&dvs=1547763828018~86 [access: 17.01.2019].
• Naser M., Kuwait's Foreign Policy towards Regional Issues in the Middle East from 2003 to 2014.Faculty of Economics and Political Science, Cairo University, Egypt 2017, https://www.researchgate.net/publication/320718473_Kuwait's_Foreign_Policy_towards_Regional_Issues_in_the_Middle_East_from_2003_to_2014 [access: 17.01.2019].
• O&G -World Oil and Gas Review 2016, https://www.eni.com/docs/en_IT/enicom/company/fuel-cafe/WOGR-2016.pdf [access: 03.01.2019].
• Olsen P.I., Transforming Economies: The Case of the Norwegian Electricity Market Reform, Nordberg 2000.
• Perez C., Ecuador's Oil Minister, television, [in]: Markets Insider, TSX May Ride Oil Prices Higher - Canadian Commentary,2017. https://markets.businessinsider.com/news/stocks/tsx-may-ride-oil-prices-higher-canadian-commentary-1002182567 [access: 10.01.2019].
• Pipoli R., UPI -Energy News, Ecuador audit finds $2.5B lost in oil infrastructure corruption, 2019, https://www.upi.com/Ecuador-audit-finds-25B-lost-in-oil-infrastructure-corruption/9981546603653/ [access: 10.01.2019].
• Ramirez Chiriboga J.I., The environmental impact of humans in yasuni national park -Ecuador, 2014, http://repositorio.educacionsuperior.gob.ec/bitstream/28000/3250/1/T-SENESCYT-00896.pdf [access: 10.01.2019].
• Strong Ch. B., The Oil and Gas Law Review, [in]: Eissa R., Haggag A., EGYPT (Anti-corruption) - Chapter 8, November 2014, http://www.sharkawylaw.com/wp content/uploads/2015/02/Oil-AndGasReview.pdf [access: 08.01.2019].
• Tarek E.M. - Minister of Petroleum and Mineral Resources, Egypt Oil and Gas Sector: Strategies and Action Plans, May, 2017.
• Terazi E., Şenel S., The Effects of the Global Financial Crisis on the Central and Eastern European Union Countries, International Journal of Business and Social Science, http://www.ijbssnet.com/journals/Vol_2_No_17/25.pdf [access: 17.01.2019].
• U.S. Energy Information Administration, Country Analysis Brief: Ecuador, 2017, https://www.eia.gov/beta/international/analysis_includes/countries_long/Ecuador/Ecuador.pdf [access: 10.01.2019].
• Yergin D. The Epic Quest for Oil, Money and Power, Simon and Schuster, London 1991.