The author proposes that international law can be strengthened by incorporating and integrating multinational corporations more fully into the international legal system. It is undeniable the vital role multinational corporations play in the global economy with their consequent impact on the environment, human rights, and political stability. The establishment of international norms of corporate responsibility and accountability under accepted international law could lead to mutual benefits. Multinational corporations would enjoy de jure protections enhancing their global business activities; and countries where these corporations have considerable social, economic and environmental effect on their communities will have recourse to hold corporations accountable for harmful actions. The problems of implementation, compliance, and enforcement should be addressed in clearly defined international law statutes. The author analyses the impact and control of the oil and gas industry, because it is by any standards, one of the world's most powerful enterprises.