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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:The Scramble for African Oil
Author:Yates, DouglasISNI
Periodical:South African Journal of International Affairs
Geographic term:Subsaharan Africa
Subjects:hydrocarbon policy
political elite
oil companies
Agriculture, Natural Resources and the Environment
Economics and Trade
Politics and Government
international relations
Development and Technology
Abstract:In Latin America, the Middle East and Asia, rulers successfully nationalized oil. Why then are all of the African oil enclaves still exploited by, and for, foreigners? This paper explains how foreign oil companies have dominated African oil and gas, in collaboration with African elites. Starting with 10 case studies - Angola, Cameroon, Chad, Congo, Equatorial Guinea, Gabon, Mauritania, Nigeria, São Tomé & Príncipe and Sudan - several rival explanations are offered, based on geographical factors, colonialism, neocolonialism, the strategies of multinational oil companies and African authoritarianism. This is followed by policy recommendations for what can be done about this new form of economic imperialism. Notes, ref. [ASC Leiden abstract]