YANG Zong-xi, JIN Xi, TANG Jin-rong, ZHENG Ren-rui. Mineral resource,mineral property and mineral capital integration management in Norway oil industryJ. CHINA MINING MAGAZINE, 2014, 23(10): 25-29,38.
    Citation: YANG Zong-xi, JIN Xi, TANG Jin-rong, ZHENG Ren-rui. Mineral resource,mineral property and mineral capital integration management in Norway oil industryJ. CHINA MINING MAGAZINE, 2014, 23(10): 25-29,38.

    Mineral resource,mineral property and mineral capital integration management in Norway oil industry

    • Oil-Gas sector is significant in the economic development of Norway,and provides Norway a huge fortune because of the efficient management of Norway government.We discuss the integration management model in the Norway Oil-Gas industry in the view of resource,property and capital.The results show that Norway doesn’t take a royalty share of its oil and gas production.Instead,Norway makes all of its oil-gas money by oil-gas company taxing,taking a equity share by Petoro,and earning stock dividends from Statoil.This is a management way of capitalization management.While all of the cash flow from Petoro,the Statoil dividends and oil and gas profits taxes go into Norway’s Government Pension Fund Global,and all of the money is invested abroad that maintain and increase the value of Fund.This is a management way of asset management.
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