The Iranian oil nationalisation crisis, which ended in the coup that overthrew nationalist prime minister Mohammad Mosaddeq, is well known.
Economics was a major field of struggle for anti-imperialist oil experts and activists.
Emerging in the midst of a painful war of independence and deeply intertwined with the contested claims to territorial and economic sovereignty, the Algerian oil industry, and its labour force, occupied a unique place at the forefront of the Algerian decolonisation process.
Ruth W. Sandwell (ed.), Powering Up Canada: A History of Power, Fuel, and Energy from 1600 (McGill-Queen’s University Press, 2016).
Since the discovery of oil in the Gulf, the military-industrial complex has expanded the scale and scope of capital accumulation.
In the wake of a recent literature in international banking and financial history focused on the role of western commercial banks in placing the OPEC nations' assets with international borrowers, this article examines the role of leading Wall Street American banks in reflowing the investments of
Modern imperialism springs from the interaction of the geopolitical and economic logics. The international oil industry offers an ideal case study of this connection. The links between nation states and multinational oil companies have been close and mutually advantageous.
Petrodollars – the dollars accumulated by oil-producing countries as revenues for oil exports – are usually considered key to our understanding of the renewal and transformation of US power during the 1970s.
Roberto Cantoni, Oil exploration, Diplomacy, and Security in the Early Cold War: The Enemy Underground (New York: Routledge, 2017)
At its birth in 1924 the French state endowed the Compagnie Française des Pétroles (CFP) with a quarter share of the Turkish (later Iraq) Petroleum Company. A joint venture between the big four American and British oil companies, IPC struck oil in Iraq three years later.