Petroleum industry and Petroleum politics

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Difference between Petroleum industry and Petroleum politics

Petroleum industry vs. Petroleum politics

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. Petroleum politics have been an increasingly important aspect of diplomacy since the rise of the petroleum industry in the Middle East in the early 20th century.

Azerbaijan

No description.

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Caspian Sea

The Caspian Sea is the largest enclosed inland body of water on Earth by area, variously classed as the world's largest lake or a full-fledged sea.

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Chronology of world oil market events

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Fossil fuels lobby

"Fossil fuels lobby" is the umbrella term used to name the paid representatives of large fossil fuel (oil, gas, coal) and electric utilities corporations who attempt to influence governmental policy.

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Middle East

The Middle Easttranslit-std; translit; Orta Şərq; Central Kurdish: ڕۆژھەڵاتی ناوین, Rojhelatî Nawîn; Moyen-Orient; translit; translit; translit; Rojhilata Navîn; translit; Bariga Dhexe; Orta Doğu; translit is a transcontinental region centered on Western Asia, Turkey (both Asian and European), and Egypt (which is mostly in North Africa).

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Oil imperialism theories

Oil imperialism theories assert that direct and indirect control of world petroleum reserves is a root factor in current international politics.

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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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PDVSA

Petróleos de Venezuela, S.A. (PDVSA) (Petroleum of Venezuela) is the Venezuelan state-owned oil and natural gas company.

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Pemex

Petróleos Mexicanos, which translates to Mexican Petroleum, but is trademarked and better known as Pemex, is the Mexican state-owned petroleum company, created in 1938 by nationalization or expropriation of all private, foreign, and domestic oil companies at that time.

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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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South America

South America is a continent in the Western Hemisphere, mostly in the Southern Hemisphere, with a relatively small portion in the Northern Hemisphere.

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Total S.A.

Total S.A. is a French multinational integrated oil and gas company and one of the seven "Supermajor" oil companies in the world.

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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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1973 oil crisis

The 1973 oil crisis began in October 1973 when the members of the Organization of Arab Petroleum Exporting Countries proclaimed an oil embargo.

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