Short biography
Pofessor at BI Norwegian School of Management since 1977, from1990 holder of the FINA Chair in petroleum economics and management, later, until 2005, the Total chair.
Since 1990 Programme Director of the M.Sc. progamme in energy economics and managment at BI.
Numerous teaching and research assignments at Norwegian and foreign universities and institutions.
Numerous consultancies for Norwegian, foreign and international public and private organisations, including the governments of Norway, Denmark and Sweden, the US Department of State, the US Internal Revenue Service, the United Nations, the World Bank, the International Monetary Fund, the International Energy Agency, and several oil and gas companies; former member of the Supervisory Board of RWE DEA (Hamburg).
Expert witness before the International Court of Justice, The Hague, Netherlands, in the LAPCO case, the United States oil companies Arco and Sun Oil versus the Islamic Republic of Iran, 1983-1989.
Expert witness before the United States Tax Court, Washington D.C, the case of Exxon versus the United States Internal Revenue Service, 1996-1998.
The Oil Business and the State. National Energy Companies and Government Ownership.
National oil companies are big business with about 80 percent of the world’s proven oil reserves, and they are crucial to the world’s energy supplies. They are giants, some of the world’s largest companies, measured by market capitalisation, cash flow and investment. Little is known about their modus operandi, how they make decisions about investment and production or about relations with their government-owners. However, it is known that they conduct business with a political mandate, often with multiple long-term objectives, broadly defined and hard to quantify.
Unclear mandates give national oil companies leeway to pursue their own distinctive interests, apart from those of the government-owner. As investors, governments are less zealous than private investors. They generally observe multiple objectives, not only return on capital. Therefore, the senior management of national oil companies enjoy more discretionary power and consider longer time horizons than their counterparts in the private sector. The Oil Business and the State explains the practice of state ownership in a capital-intensive industry with high risks and high return, and how these companies act in a market with imperfect competition. This book looks to give readers more insight into the oil industry, into the background of oil exporting countries as well as the economic and political challenges confronting them, including problems of state ownership. The book discusses wider consequences of China replacing the United States as the world’s leading oil importer.
It will be of interest to researchers, academics and students in the fields of international business, management history, corporate governance, political economy and economic development of oil-rich countries.
Noreng, Øystein (2020)
OPEC -from peak to peak: The History of 'peak oil' and its relevance for OPEC
Noreng, Øystein (2020)
Evolving U.S., Russian, and Chinese Energy Policies: Implications for GCC Oil
This paper discusses the Energy Union project of the current European Union (EU), asmanifest in the 2018 Clean Energy for All.1 The focus is on energy policy objectives in relation to wider political ambitions, using energy policy to further convergence and integration of member countries, centralizing authority, and strengthening Brussels’ authority. Emphasis is on the interaction between France and Germany as the historical driving force.2 The discussion will focus on policies and performance since the finance crisis in 2008–2009. The overriding objective is to reduce greenhouse gas emissions by 85 to 90 percent by 2050 from their 1990 levels. Indeed, from that perspective, the EU energy policy is to a large extent about climate.
Noreng, Øystein (2018)
Oljeboblen
Noreng, Øystein (2018)
The Resource Endowment Challenge - Extending the Value Chain
Peak Oil no longer applies. The shale gas and oil breakthrough changes the economics and and the geopolitics of the petroleum industrry, as weel as of he Middle Easr.
Noreng, Øystein (2012)
Peak OIl - en ekonomisk analys
Noreng, Øystein (2011)
Norway and Russia - From Cold War to Warm Peace
(6) , s. 1- 24.
Noreng, Øystein (2011)
Ny giv for utbygging på norsk sokkel
14(6) , s. 57- 60.
Noreng, Øystein (2011)
Brazil and Norway—Offshore Petroleum Experiences and Lessons
35(1) , s. 79- 99.
Noreng, Øystein (2010)
Risk and precaution in the offshore petroleum industry: Comparing the United States and Norway
8(3)
Noreng, Øystein (2009)
Securing Natural Gas for Europe: Lessons and Prospects
33(1) , s. 57- 80.
Noreng, Øystein (2009)
Energy security for Europe : a choice for suppliers and partners
, s. 207- 236.
Noreng, Øystein (2007)
Hva gjør vi med alle pengene? Behov, investeringer og risiko
10(4) , s. 41- 72.
Noreng, Øystein (2007)
USAs politikk overfor Midtøsten - drivkrefter og virkninger
(1)
Noreng, Øystein (2006)
Liberalisation, Integration and Specialisatrion: The Restructuring of the European Oil Industry
, s. 123- 142.
Noreng, Øystein (2006)
Europe's Natural Gas Market - Security of Supply and Industry Restructuring
(2)
Noreng, Øystein (2006)
Norges betydning i markedene for olje og naturgass!
(5/6) , s. 23- 39.
Noreng, Øystein (2006)
USA, Midtøstens olje og Kina
(1) , s. 95- 22.
Noreng, Øystein (2006)
Oil and Islam - Economic Distress and Political Opposition
Noreng, Øystein (2005)
The Norwegian Experience of Economic Diversification in Relation to Petroleum Industry
Noreng, Øystein (2005)
Oljepolitikk og utenrikspolitikk
(2-3) , s. 183- 216.
Noreng, Øystein (2005)
Crude Awakenings: Global Oil Security and American Foreign Policy
(3)
Noreng, Øystein (2005)
Drivkrefter bak Irakkrigen
(1) , s. 30- 41.
Noreng, Øystein (2005)
Norsk oljehistorie - økonomien
Noreng, Øystein (2005)
The Rise of Asia and the Restructuring of International Oil Trading
(2)
Noreng, Øystein (2004)
Oil, the Euro and the Dollar
30(1) , s. 53- 80.
Noreng, Øystein (2004)
Road Bump or Different Highways? The United States and Europe over Iraq and the Middle East
29(2) , s. 187- 199.
Noreng, Øystein (2004)
The Predicament of the Gulf Rentier State
Noreng, Øystein (2003)
Olje på bålet
Noreng, Øystein (2003)
El Poder del Crudo
Noreng, Øystein (2003)
Olje og stormakter siden 11. september
, s. 147- 165.
Noreng, Øystein (2003)
Olje som motiv for Irak-krigen?
61(4) , s. 391- 424.
Noreng, Øystein (2002)
Golfen og oljemarkedet ett år etter 11. september
60(3) , s. 285- 317.
Noreng, Øystein (2002)
Liberalizing and Restructuring European Natural Gas—Winners and Losers
27(1) , s. 15- 32.
Noreng, Øystein (2002)
Crude Power
Noreng, Øystein (2002)
Crude Power
Noreng, Øystein (2002)
Maintaining North Sea Output by Restructuring the Norwegian Petroleum Industry
27(2) , s. 213- 236.
Noreng, Øystein (2001)
North Sea Natural Gas Industry Changing
222
Noreng, Øystein (2001)
Liberalisation, Integration and Specialization - The restructuring of the European Oil Industry
26(1) , s. 35- 54.
Noreng, Øystein (2001)
Current Development in the Norwegian Oil and Gas Sector
222
Noreng, Øystein (2001)
Big Changes in European Natural Gas
222
Noreng, Øystein (2001)
The World Natural Gas Market and Its Implications for the World Oil Market
Noreng, Øystein (2000)
The New Balance of Private and Public Interests in the Restructuring of the Petroleum Industry - A European Perspective
25(2) , s. 187- 202.
Noreng, Øystein (1999)
Konsentrasjon og kostnader på norsk sokkel
Noreng, Øysten (1999)
Etterlyses: helhetssyn og strategi
Noreng, Øystein (1999)
Oljeprisfallet 1998 - økonomiske og politiske årsaker
57(1) , s. 3- 33.
Noreng, Øystein; Andersen, S.S. & Anker-Nilssen, Per (1999)
Climate for all the money`s worth. Review Essay
10(2) , s. 213- 220.
Noreng, Øystein (1999)
The euro and the oil market: new challenges to the industry
4, s. 29- 68.
Noreng, Øystein (1999)
Statoils muligheter - stille før stormen?
Noreng, Øystein (1999)
Norges gass i det europeiske markedet
Noreng, Øystein (1999)
Hva gjør vi med statens olje og gass - Statoil og SDØE?
