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This book addresses the challenges facing stable democratic states in dealing with oil companies in order to secure general welfare gains. Within the context of company/government relations the book considers such current topics as the challenges of dealing with merged companies and the strategic choices facing tax authorities.
Dr Solveig GlomsrÃ-d is Research Fellow in the Division of Petroleum and Environmental Economics, Research Department, Statistics Norway. Petter Osmundsen is Professor in the Section of Petroleum Economics, Stavanger University College, Norway.
Contents: Introduction, Solveig GlomsrÃ-d and Petter Osmundsen; Optimal petroleum taxation subject to mobility and information constraints, Petter Osmundsen; Critical factors in transnational oil companies localisation decisions - clusters and portfolio optimisation, Hans Jarle Kind, Petter Osmundsen and Ragnar TveterÃ¥s; The taxing task of taxing transnationals, Thomas A. Gresik; Substantial petroleum wealth: does monetary policy regime matter?, TorbjÃ-rn Eika and Knut Moum; Saving petroleum wealth: tales of three jurisdictions, Rögnvaldur Hannesson; Petroleum policy and prospects in the UK continental shelf, Alex Kemp and Linda Stephen; The petroleum tax system revisited, Nina Bjerkedal and Torgeir Johnsen; Index.