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 at http://www.taylorfrancis.com under a Creative Commons Attribution-Non Commercial-No Derivatives (CC-BY-NC-ND) 4.0 license.
Table of Contents
- OPEC and the Global Energy Order, Past, Present and Future Challenges
- Oilmen, Petroleum Arabism and OPEC: New Political and Public Cultures of Oil in the Arab World, 1959-64
- Saudi Arabia窶冱 Role in OPEC窶冱 Evolution: OPEC and the Global Energy Order from its Origins to the Present Time
- Trade not Aid: OPEC and its Contribution towards Restructuring the Iranian Economy in the 1960s
- Algeria and OPEC
- From Norm Entrepreneur to a Reluctant Overachiever: Venezuela in the History of OPEC
- Nigeria and the Uncertain Future of the Oil Market
- Be Prepared! Emergency Stockpiles of Oil Among Western Consumer Countries prior to the International Energy Agency System
- Talking about OPEC without Talking to OPEC? The (Non-)Relationship between the International Energy Agency and OPEC from 1974-90
- How OPEC Made the G-7: Western Coordination in the Wake of the 窶楼il Shock窶�
- The US Response to OPEC
- OPEC and China: From Ideological Support to Economic Cooperation
- The European Communities and OPEC: from Entangled International Organizations to Liberalism (1960s-80s)
- The Changing Relationship Between OPEC Countries and International Oil Companies: The Dynamics of Bargaining Power in an Evolving Market
- Ignoring, Countering and Undercutting OPEC: Britain, BP, Shell and the Shifting Global Energy Order (1960-86)
- Consumer Countries, Producer Countries and the International Oil Industry: Italy窶冱 Role in the Evolution of Oil Contracts (1955-75)
- Between the Superpower and Third-Worldism: Mexico and OPEC (1974-82)
- From Foes to Friends: The Relationship Between OPEC and Norway
- Taking a Leaf out of OPEC's Book? The Significance of Developing Producer Country Models for State Involvement in North Sea Oil Production
- OPEC and Russia: A Happy Pro Forma Marriage
- Beyond the Texas Railroad Commission: Thirty Years of American Precedent for OPEC
- The Road Not Taken: Frank Hendryx and the Proposal to Restructure Petroleum Concessions in the Middle East after the Venezuelan Pattern
- OPEC窶冱 Struggle for International Recognition (1960-65): How a Denied Seat Agreement in Switzerland Influenced the Early Development of OPEC
- When Modern Terrorism Began: the OPEC Hostage Taking of 1975
- OPEC and the Financialization of the Oil Market
- OPEC as a Political Club
- OPEC 窶� From Peak to Peak: The History of 'Peak Oil' and its Relevance for OPEC
- What Role for OPEC in the Last Generation of Oil?
Dag Harald Claes and Giuliano Garavini
Part I: OPEC and the Member Countries
Nelida Fuccaro
Majid Al-Moneef
Touraj Atabaki
Hocine Malti
Antulio Rosales
Michael Olorunfemi
Part II: OPEC and Consuming Countries
Hans Otto Frøland, Mats Ingulstad
Henning Türk
Federico Romero
Victor McFarland
Bao Maohong
Yves Bouvier, Alain Beltran
Part III: OPEC, non-OPEC and the International Oil Companies
Carole Nakhle, Francesco Petrini
Jonathan R. Kuiken
Elisabetta Bini, Marta Musso
Claudia Jezabel Piña Navarro
Dag Harald Claes
Eivind Thomassen
Mikhail Krutikhin and Indra Overland
Part IV: OPEC and International Energy Governance
Ellen R. Wald
Juan Carlos Boué
Fabian Trinkler
Thomas Riegler
Dag Harald Claes and John H. Moe
Jeff D. Colgan
Øystein Noreng
Greg Muttitt



