A metamodel, derived from the strategic management literature, provided a framework for an eclectic and structured empirical analysis of the globalisation potential of the Russian oil industry and the implications for the international oil industry. A series of interviews were undertaken with...

National oil companies (NOCs) have invested hundreds of billions of dollars in foreign oil and gas assets. Why have some governments increased their NOC outward investments, while others have not? I argue that domestic structures can influence a government's calculus that potential benefits,...