British Petroleum and global oil, 1950-1975 : the challenge of nationalism

Bibliographic Information

British Petroleum and global oil, 1950-1975 : the challenge of nationalism

James Bamberg

(The history of the British Petroleum Company)

Cambridge University Press, 2000

  • : hb
  • : pb

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Includes bibliographical references and index

Description and Table of Contents

Description

Dramatic narrative, arresting analysis and original research are combined in this book, which addresses the history of one of the world's biggest oil businesses between 1950 and 1975. Assessing BP's comparative performance, the book focuses on how BP responded politically, economically and culturally to the rise of new competitors, the decline of Britain's imperial power, and the determination of nation states to assert national sovereignty over the vital commodity, oil. Climaxing with the OPEC crisis which shook the world in the 1970s, the book - authorised by BP with uniquely unrestricted access to its records - is of wide interest and relevance, especially for those interested in big business, globalisation and nationalism, international affairs, OPEC, the Middle East, and oil.

Table of Contents

  • Introduction: the political economy of international oil
  • Part I. In a Rising Tide of Nationalism: 1. 'The structure and sinews of the Company'
  • 2. Management and culture
  • 3. The Suez crisis
  • 4. 'Our aim and policy the energetic search for new sources of crude oil'
  • 5. Finance and the British government
  • Part II. Under Pressure from the Producers: 6. The advent of OPEC
  • 7. The political balancing act
  • 8. The 'Holy Grail' of exploration
  • 9. The push for outlets ...
  • 10. ... and more outlets
  • 11. Refining and shipping
  • 12. Financial strains
  • 13. The managerial hierarchy
  • Part III. Diversifications: 14. Alliances in petrochemicals
  • 15. Integration in petrochemicals
  • 16. Computing
  • 17. Nutrition
  • Part IV: OPEC Takes Control: 18. 'An avalanche of escalating demands'
  • 19. The end of an era
  • Retrospect and conclusion.

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