Naslov
Geopolitical Issues Of Petroleum Industry And Its Impact On The World Economy

Autori
Karasalihović, Daria ; Maurović, Lidia ; Dekanić Igor

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Book of Proceedings of the 10th International Conference Energy & Society / Guimaraes, Leopoldo ; Martins, Rodrigo - Caparica : Universidade Nova de Lisboa, 2004, 209-213

Skup
Energex, International Energy Forum

Mjesto i datum
Lisabon, Portugal, 03.05.2004. - 06.05.2004

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
petroleum industry; geopolitical role of oil; oil reserves

Sažetak
At the beginning of the 21st century, the world primary energy consumption is still mainly based on oil and gas. In the past oil had dramatically changed human lives and the society at large. It has shaped world politics and affected the destiny of states. It has caused crises and clashes and has frequently dictated their outcome. Today oil directly impacts economic growth. Also, it has become an important factor of national economies, everyday life of people, political doctrines and strategic projections. Its possession or control became a mean to political hegemony. This explains the development and relations, causes and effects of oil, money and power that have changed the world economy in the past and still impact the global market. The strategic context of the global petroleum industry at the beginning of 21st century, particularly after 11 September 2001, is underlined by “ circulus vitiosus” : market, politics, terrorism and oil. Therefore it is necessary to stress the significant impact that energy sources today have on complex market relations, hidden geopolitical monopolies, possible instability caused by political or market disturbances. For countries with smaller oil reserves and small oil companies it is not easy to choose the right strategy under mentioned circumstances. Countries like Croatia with small petroleum industry in the global terms can only follow the process of global approach and tend to integrate their national markets into larger regional and global markets by acceptance of set rules. This is inevitable in free market and here lies the “ sword of Damocles” of the global oil market – uncertainty and unpredictability. The awareness that the tie between oil, money and power has changed the world in the past, and that will continue to shape our destiny in the future, is the prerequisite of successful energy strategy.

Izvorni jezik
Engleski

Znanstvena područja
Rudarstvo, nafta i geološko inženjerstvo

POVEZANOST RADA