National champions: State oil companies evolve to face the future
At a time when the oil market is facing looming structural changes, state-owned companies are transforming themselves – not just to survive, but to thrive. The rise of US shale production, fraught geopolitics, concerns about climate change and the battle for customers in oil-thirsty Asia are just some of the challenges that national oil companies are dealing with today.
This special report highlights several of the key trends in the evolution of NOCs, as well as views from some of their top leaders.