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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. Read full executive insight 

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Latest Thinking – read our recent articles from the McKinsey Quarterly.

 |  | | 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?
| Read more on the McKinsey Quarterly site |
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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.
| Read more on the McKinsey Quarterly site |
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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.
| Read more on the McKinsey Quarterly site |
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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.
| Read more on the McKinsey Quarterly site |
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