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Home / government / Three-quarters of the world’s crude-oil reserves are owned by national oil companies. By contrast, conventional multinationals control just 3% of the world’s reserves and produce 10% of its oil and gas.
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About the author:
Iqbal Mohammed is Head of Innovation & Strategy at a digital innovation agency serving the DACH and wider European markets. He is the winner of the WPP Atticus Award for Best Original Published Writing in Marketing & Communication.You can reach him via email.