Short biography
Pofessor at BI Norwegian School of Management since 1977, from1990 holder of the FINA Chair in petroleum economics and management, later, until 2005, the Total chair.
Since 1990 Programme Director of the M.Sc. progamme in energy economics and managment at BI.
Numerous teaching and research assignments at Norwegian and foreign universities and institutions.
Numerous consultancies for Norwegian, foreign and international public and private organisations, including the governments of Norway, Denmark and Sweden, the US Department of State, the US Internal Revenue Service, the United Nations, the World Bank, the International Monetary Fund, the International Energy Agency, and several oil and gas companies; former member of the Supervisory Board of RWE DEA (Hamburg).
Expert witness before the International Court of Justice, The Hague, Netherlands, in the LAPCO case, the United States oil companies Arco and Sun Oil versus the Islamic Republic of Iran, 1983-1989.
Expert witness before the United States Tax Court, Washington D.C, the case of Exxon versus the United States Internal Revenue Service, 1996-1998.
The Oil Business and the State. National Energy Companies and Government Ownership.
Routledge
National oil companies are big business with about 80 percent of the world’s proven oil reserves, and they are crucial to the world’s energy supplies. They are giants, some of the world’s largest companies, measured by market capitalisation, cash flow and investment. Little is known about their modus operandi, how they make decisions about investment and production or about relations with their government-owners. However, it is known that they conduct business with a political mandate, often with multiple long-term objectives, broadly defined and hard to quantify.
Unclear mandates give national oil companies leeway to pursue their own distinctive interests, apart from those of the government-owner. As investors, governments are less zealous than private investors. They generally observe multiple objectives, not only return on capital. Therefore, the senior management of national oil companies enjoy more discretionary power and consider longer time horizons than their counterparts in the private sector. The Oil Business and the State explains the practice of state ownership in a capital-intensive industry with high risks and high return, and how these companies act in a market with imperfect competition. This book looks to give readers more insight into the oil industry, into the background of oil exporting countries as well as the economic and political challenges confronting them, including problems of state ownership. The book discusses wider consequences of China replacing the United States as the world’s leading oil importer.
It will be of interest to researchers, academics and students in the fields of international business, management history, corporate governance, political economy and economic development of oil-rich countries.
Noreng, Øystein (2020)
OPEC -from peak to peak: The History of 'peak oil' and its relevance for OPEC
Handbook of OPEC and the Global Energy Order,
Noreng, Øystein (2020)
Evolving U.S., Russian, and Chinese Energy Policies: Implications for GCC Oil
Journal of Energy and Development, 45(2) , s. 227-258.
This paper discusses the Energy Union project of the current European Union (EU), asmanifest in the 2018 Clean Energy for All.1 The focus is on energy policy objectives in relation to wider political ambitions, using energy policy to further convergence and integration of member countries, centralizing authority, and strengthening Brussels’ authority. Emphasis is on the interaction between France and Germany as the historical driving force.2 The discussion will focus on policies and performance since the finance crisis in 2008–2009. The overriding objective is to reduce greenhouse gas emissions by 85 to 90 percent by 2050 from their 1990 levels. Indeed, from that perspective, the EU energy policy is to a large extent about climate.
Noreng, Øystein (2018)
Oljeboblen
Gyldendal Norsk Forlag A/S
Noreng, Øystein (2018)
The Resource Endowment Challenge - Extending the Value Chain
Peak Oil no longer applies. The shale gas and oil breakthrough changes the economics and and the geopolitics of the petroleum industrry, as weel as of he Middle Easr.
Noreng, Øystein (2012)
Peak OIl - en ekonomisk analys
Finansdepartementet
Noreng, Øystein (2011)
Norway and Russia - From Cold War to Warm Peace
Oil, Gas and Energy Law (OGEL), (6) , s. 1-24.
Noreng, Øystein (2011)
Ny giv for utbygging på norsk sokkel
Magma forskning og viten, 14(6) , s. 57-60.
Noreng, Øystein (2011)
Brazil and Norway—Offshore Petroleum Experiences and Lessons
Journal of Energy and Development, 35(1) , s. 79-99.
Noreng, Øystein (2010)
Risk and precaution in the offshore petroleum industry: Comparing the United States and Norway
Oil, Gas and Energy Law (OGEL), 8(3)
Noreng, Øystein (2009)
Energy security for Europe : a choice for suppliers and partners
Political economy of energy in Europe: forces of integration and fragmentation, , s. 207-236.
Noreng, Øystein (2009)
Securing Natural Gas for Europe: Lessons and Prospects
Journal of Energy and Development, 33(1) , s. 57-80.
Noreng, Øystein (2007)
Hva gjør vi med alle pengene? Behov, investeringer og risiko
Magma forskning og viten, 10(4) , s. 41-72.
Noreng, Øystein (2007)
USAs politikk overfor Midtøsten - drivkrefter og virkninger
Internasjonal Politikk, (1)
Noreng, Øystein (2006)
Liberalisation, Integration and Specialisatrion: The Restructuring of the European Oil Industry
Jerome Davis (ed),The Changing World of Oil: An Analysis of Corporate Change and Adaptation, , s. 123-142.
Noreng, Øystein (2006)
Europe's Natural Gas Market - Security of Supply and Industry Restructuring
Journal of Energy and Development, (2)
Noreng, Øystein (2006)
USA, Midtøstens olje og Kina
Internasjonal Politikk, (1) , s. 95-22.
Noreng, Øystein (2006)
Oil and Islam - Economic Distress and Political Opposition
Bulent Gokay (ed), The Politics of Oil,
Noreng, Øystein (2006)
Norges betydning i markedene for olje og naturgass!
Magma forskning og viten, (5/6) , s. 23-39.
Noreng, Øystein (2005)
The Norwegian Experience of Economic Diversification in Relation to Petroleum Industry
The Gulf Oil and Gas Sector: Potential and Constraints, ed. Mary Abrams,
Noreng, Øystein (2005)
Oljepolitikk og utenrikspolitikk
Internasjonal Politikk, (2-3) , s. 183-216.
Noreng, Øystein (2005)
Norsk oljehistorie - økonomien
Norsk Oljemuseums Årbok,
Noreng, Øystein (2005)
Crude Awakenings: Global Oil Security and American Foreign Policy
Perspectives on Politics, (3)
Noreng, Øystein (2005)
Drivkrefter bak Irakkrigen
Babylon - Nordisk tidsskrift for Midtøstenstudier, (1) , s. 30-41.
Noreng, Øystein (2005)
The Rise of Asia and the Restructuring of International Oil Trading
Journal of Energy and Development, (2)
Noreng, Øystein (2004)
Oil, the Euro and the Dollar
Journal of Energy and Development, 30(1) , s. 53-80.
Noreng, Øystein (2004)
Road Bump or Different Highways? The United States and Europe over Iraq and the Middle East
Journal of Energy and Development, 29(2) , s. 187-199.
Noreng, Øystein (2004)
The Predicament of the Gulf Rentier State
Helge Hveem and Daniel Heradstveit (eds.): Obstacles to Market Economy and Democratic Development in the Gulf,
Noreng, Øystein (2003)
El Poder del Crudo
El Editorial Al Ateneo
Noreng, Øystein (2003)
Olje på bålet
Abstrakt forlag
Noreng, Øystein (2003)
Olje og stormakter siden 11. september
Ib Faurby og Märta-Lisa Magnusson (eds.): Korsvej og minefelt, , s. 147-165.
Noreng, Øystein (2003)
Olje som motiv for Irak-krigen?
Internasjonal Politikk, 61(4) , s. 391-424.
Noreng, Øystein (2002)
Golfen og oljemarkedet ett år etter 11. september
Internasjonal Politikk, 60(3) , s. 285-317.
Noreng, Øystein (2002)
Liberalizing and Restructuring European Natural Gas—Winners and Losers
Journal of Energy and Development, 27(1) , s. 15-32.
Noreng, Øystein (2002)
Crude Power
I.B. Tauris
Noreng, Øystein (2002)
Crude Power
I.B. Tauris
Noreng, Øystein (2002)
Maintaining North Sea Output by Restructuring the Norwegian Petroleum Industry
Journal of Energy and Development, 27(2) , s. 213-236.
Noreng, Øystein (2001)
North Sea Natural Gas Industry Changing
World Oil, 222
Noreng, Øystein (2001)
Liberalisation, Integration and Specialization - The restructuring of the European Oil Industry
Journal of Energy and Development, 26(1) , s. 35-54.
Noreng, Øystein (2001)
Big Changes in European Natural Gas
World Oil, 222
Noreng, Øystein (2001)
Current Development in the Norwegian Oil and Gas Sector
World Oil, 222
Noreng, Øystein (2001)
The World Natural Gas Market and Its Implications for the World Oil Market
The Future of Natural Gas in the World Energy Market (ECSSR)/ Abu Dhabi (Ed.),
Noreng, Øystein (2000)
The New Balance of Private and Public Interests in the Restructuring of the Petroleum Industry - A European Perspective
Journal of Energy and Development, 25(2) , s. 187-202.
Noreng, Øystein (1999)
Konsentrasjon og kostnader på norsk sokkel
Offshore & Energi,
Noreng, Øysten (1999)
Etterlyses: helhetssyn og strategi
Offshore & Energi,
Noreng, Øystein (1999)
Oljeprisfallet 1998 - økonomiske og politiske årsaker
Internasjonal Politikk, 57(1) , s. 3-33.
Noreng, Øystein; Andersen, S.S. & Anker-Nilssen, Per (1999)
Climate for all the money`s worth. Review Essay
?, 10(2) , s. 213-220.
Noreng, Øystein (1999)
The euro and the oil market: new challenges to the industry
Journal of Energy Finance and Development, 4, s. 29-68.
Noreng, Øystein (1999)
Statoils muligheter - stille før stormen?
Offshore & Energi,
Noreng, Øystein (1999)
Norges gass i det europeiske markedet
Offshore & Energi,
Noreng, Øystein (1999)
Hva gjør vi med statens olje og gass - Statoil og SDØE?
Offshore & Energi,
Noreng, Øystein (1998)
Household Energy Use in the Perspective of Living Conditions, Life Styles and Time Cost
