Angola and Petroleum industry

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Difference between Angola and Petroleum industry

Angola vs. Petroleum industry

Angola, officially the Republic of Angola (República de Angola; Kikongo, Kimbundu and Repubilika ya Ngola), is a country in Southern Africa. The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transporting (often by oil tankers and pipelines), and marketing of petroleum products.

Africa

Africa is the world's second largest and second most-populous continent (behind Asia in both categories).

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Extraction of petroleum

The extraction of petroleum is the process by which usable petroleum is drawn out from beneath the earth's surface location.

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Oil reserves

Oil reserves denote the amount of crude oil that can be technically recovered at a cost that is financially feasible at the present price of oil.

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OPEC

The Organization of the Petroleum Exporting Countries (OPEC,, or OPEP in several other languages) is an intergovernmental organization of nations, founded in 1960 in Baghdad by the first five members (Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela), and headquartered since 1965 in Vienna, Austria.

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Petroleum

Petroleum is a naturally occurring, yellow-to-black liquid found in geological formations beneath the Earth's surface.

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The World Factbook

The World Factbook, also known as the CIA World Factbook, is a reference resource produced by the Central Intelligence Agency (CIA) with almanac-style information about the countries of the world.

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United Nations

The United Nations (UN) is an intergovernmental organization tasked to promote international cooperation and to create and maintain international order.

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United States

The United States of America (USA), commonly known as the United States (U.S.) or America, is a federal republic composed of 50 states, a federal district, five major self-governing territories, and various possessions.

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World War II

World War II (often abbreviated to WWII or WW2), also known as the Second World War, was a global war that lasted from 1939 to 1945, although conflicts reflecting the ideological clash between what would become the Allied and Axis blocs began earlier.

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