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Petroleum

In the past, bigger is better ruled the world’s oil companies. Industry consolidation has created some of the largest and most sophisticated companies on earth. Now, however, these companies need to assess which pieces of the business they actually need to retain.
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Featured in Petroleum
The New Role of Oil Wealth in the World Economy
The McKinsey Quarterly, January 2008
Regulators may worry when Arab investors acquire stakes in Western companies, yet vast reserves of petrodollars have kept down interest rates and buoyed financial assets. What’s the broader effect of the surge in petrodollars?
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Betting on Biofuels
The McKinsey Quarterly, May 2007
The industry is still in its infancy but evolving rapidly. Companies that hope to compete must devise their entry strategy now.
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A Cost Curve for Greenhouse Gas Reduction
The McKinsey Quarterly, February 2007
A global study of the size and cost of measures to reduce greenhouse gas emissions yields important insights for businesses and policy makers.
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Making the Most of the World's Energy Resources
The McKinsey Quarterly, February 2007
Demand for energy is set to grow rapidly during the next 15 years—unless governments, businesses, and consumers take advantage of the many substantial, economically viable, and technologically proven opportunities to boost energy productivity.
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Global Trends in Energy
The McKinsey Quarterly, February 2007
Energy and materials companies face a demanding future. They must start preparing for it now.
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