... factor in the increasing importance of foreign oil and has contributed to increased foreign producing activity. government asset and portfolio management Upstream Oil & Gas foreign western hemisphere canada operation crude Legislation pe ent consumption international petroleum co...

... could scarcely afford the huge investment necessary to develop production only to have it snatched away on the basis of some political theory. In Russia the industry had been confiscated. The legislation with reference to oil in many countries was written by soldiers who could see it only as a source...