Relationships between host countries and foreign oil and gas companies

It is undeniable that the oil and gas industry is the  largest and most crucial industry in the world.  An important issue for the continued growth of this crucial sector is the  development and implementation of legal policies that can further streamline the oil and gas industries. These should touch on legal tussles that range …

            

The control of natural resources by foreign oil companies and host countries

Foreign oil companies that have control over the critical production inputs required by a host country are likely to enjoy some degree of influence in the negotiation of terms. A package of oil  production factors such as technology and funds is an essential input in oil production (Ghandi, 2001, p60). These factors give a company …