The report highlights the importance of perpetuity for national oil companies, which are unique actors in the industry. The authors argue that national oil companies are committed to serving future generations and are tied to the hydrocarbon heritage of their countries. The report pays tribute to national oil companies for their efforts to navigate a blurry world towards their historical destiny. The authors also provide a counter model to the evolving equation of the industry. Overall, the report emphasizes the importance of national oil companies in the oil and gas industry.