The Internationalization of Energy firms

Table of Contents

Table of figures

Abbreviations

1 Background / Introduction
1.1 Academic relevance - Research Gap
1.2 Objective of the thesis
1.3 Structure of the thesis

2 Development of the energy sector in the past
2.1 Early activities, early organization. Energy firms start to internationalize
2.2 Energy market liberalization
2.2.1 Benefits of and barriers to the liberalization of the market
2.2.2 Consequences for European energy companies as well as for global big-players
2.3 Managing governmental energy policy - the role of the state in the energy sector

3 The global, liberalized energy industry of today

4 Identification of current trends in the energy sector
4.1 The wave of M&A and strategic alliances
4.2 The evolution of “National Champions”

5 Analysis of the expansion strategy of global players in the energy sector
5.1 British Petroleum
5.2 Royal Dutch Shell plc
5.3 Gazprom
5.4 To what extent do companies follow theoretic Internationalization Theories?

6 The energy industry as one part of the extractive industry
6.1 Extractive Industries - Definition and Characteristics
6.1.1 The obsolescing bargain in the extractive industry
6.1.2 Foreign-Investor host-country bargaining
6.2 Motives for Internationalization in extractive Industries
6.3 The global mining industry with regard to the Expansion Strategy of the MNC BHP Billiton
6.3.1 Definition
6.3.2 Structure of the global mining industry
6.3.3 Business Strategies in the global mining industry
6.3.4 FDI in the global mining industry
6.3.5 BHP Billiton - The Internationalization Strategy of a Small-country firm
6.3.6 The Internationalization Model - A suitable underlying theoretical framework for

Expansion Strategies in the mining Industry?

Conclusion

Sources