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The Influence of the Shale Revolution on the Internationalization Strategies of American Oil and Gas Companies: the Cases of Chevron and Exxon Mobil

Student: Pavel Korobov

Supervisor: Ekaterina Entina

Faculty: International laboratory for Applied Network Research

Educational Programme: International Business (Master)

Year of Graduation: 2019

This research paper investigated the problem of oil & gas companies’ adjustment of their internationalization strategies to market transformation processes induced by the shale revolution. For this purpose the analysis of changes in companies’ internationalization patterns was conducted. The influence of shale revolution induced by technological breakthrough and market changes associated with them from perspectives of large American companies were observed on the examples of Chevron and ExxonMobil. Stated companies used pretty much the same internationalization strategies, the only what differed, was the amount of internationalization activities, particular in the shale sphere.

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