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In this way, Canada's proven reserves increased suddenly in 2003 when the oil sands of Alberta were seen to be economically viable. Similarly, Venezuela 's proven reserves jumped in the late 2000s when the heavy oil of the Orinoco Belt was judged economic.
Petrovietnam. PetroVietnam ( PVN; alternatively stylized Petrovietnam or PETROVIETNAM) is the trading name of the Vietnam Oil and Gas Group ( Vietnamese: Tập đoàn Dầu khí Quốc gia Việt Nam, lit. 'Vietnam National Oil and Gas Group'). PetroVietnam has developed rapidly since it was established in 1975, [2] and its activities, through ...
The petro, or petromoneda, [23] launched in February 2018, is a cryptocurrency developed by the government of Venezuela. [ 24 ] [ 25 ] Announced in December 2017, it is claimed to be backed by the country's oil and mineral reserves , and it is intended to supplement Venezuela's plummeting bolívar fuerte currency, purportedly as a means of ...
Ray R. Irani (born January 13, 1935) [ 1] is the former chairman and chief executive officer of Occidental Petroleum. He has worked at Occidental Petroleum for over 20 years, serving as a director since 1984, chief operating officer (president) from 1984 to 1990, and chairman and chief executive officer from 1990.
Petro-Canada has been met with opposition mainly from Alberta, home to one of the main oil patches in Canada. After negotiating a royalty increase on oil and price increases for natural gas, Lougheed asserted Alberta's position as the centre of Canada's petroleum industry. [34] Alberta had since been the main source of oil in Canada since the ...
1979 oil crisis. A drop in oil production in the wake of the Iranian Revolution led to an energy crisis in 1979. Although the global oil supply only decreased by approximately four percent, [ 2] the oil markets' reaction raised the price of crude oil drastically over the next 12 months, more than doubling it to $39.50 per barrel ($248/m 3 ).
Confidence Group of Companies Limited (also referred to as Confidence Group) is a Bangladeshi company, involved in manufacturing mid-tech manufacturing engineering products. [ 1 ] [ 2 ] The conglomerate commenced its operation in 1991 with cement manufacture, and is involved with power generation and the manufacture of Spun Pre-stressed ...
Gustavo Francisco Petro Urrego ODB ODSC ODIC ( Latin American Spanish pronunciation: [ɡusˈtaβo fɾanˈsisko ˈpetɾo wˈreɣo]; born 19 April 1960) is a Colombian politician and former guerrilla who is the 34th and current president of Colombia since 2022.