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History Of The Venezuelan Oil Industry
Venezuela has the world's largest proven oil reserves at an estimated 304 billion barrels (18% of global reserves) as of 2020. The country was one of the world's largest exporters of oil, but the oil industry saw a significant decline since its peak in 2012. In 2008, crude oil production in Venezuela was the tenth-highest in the world at and the country was also the eighth-largest net oil exporter in the world. Venezuela is a founding member of the Organization of the Petroleum Exporting Countries (OPEC). Pre-discovery Indigenous usage The Indigenous peoples in Venezuela, like many ancient societies already utilized crude oils and asphalts from petroleum seeps, which ooze through the ground to the surface, in the years before the Spanish conquistadors. The thick black liquid, known to the locals as ''mene'', was primarily used for medical purposes, as an illumination source, and for the caulking of canoes. Spanish acquisition Upon arrival in the early 16th century, the Spa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Countries By Proven Oil Reserves
A ''list'' is any set of items in a row. List or lists may also refer to: People * List (surname) Organizations * List College, an undergraduate division of the Jewish Theological Seminary of America * SC Germania List, German rugby union club Other uses * Angle of list, the leaning to either port or starboard of a ship * List (information), an ordered collection of pieces of information ** List (abstract data type), a method to organize data in computer science * List on Sylt, previously called List, the northernmost village in Germany, on the island of Sylt * ''List'', an alternative term for ''roll'' in flight dynamics * To ''list'' a building, etc., in the UK it means to designate it a listed building that may not be altered without permission * Lists (jousting), the barriers used to designate the tournament area where medieval knights jousted * ''The Book of Lists'', an American series of books with unusual lists See also * The List (other) * Listing (di ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World War I
World War I (28 July 1914 11 November 1918), often abbreviated as WWI, was one of the deadliest global conflicts in history. Belligerents included much of Europe, the Russian Empire, the United States, and the Ottoman Empire, with fighting occurring throughout Europe, the Middle East, Africa, the Pacific, and parts of Asia. An estimated 9 million soldiers were killed in combat, plus another 23 million wounded, while 5 million civilians died as a result of military action, hunger, and disease. Millions more died in genocides within the Ottoman Empire and in the 1918 influenza pandemic, which was exacerbated by the movement of combatants during the war. Prior to 1914, the European great powers were divided between the Triple Entente (comprising France, Russia, and Britain) and the Triple Alliance (containing Germany, Austria-Hungary, and Italy). Tensions in the Balkans came to a head on 28 June 1914, following the assassination of Archduke Franz Ferdin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Allies Of World War II
The Allies, formally referred to as the United Nations from 1942, were an international military coalition formed during the Second World War (1939–1945) to oppose the Axis powers, led by Nazi Germany, Imperial Japan, and Fascist Italy. Its principal members by 1941 were the United Kingdom, United States, Soviet Union, and China. Membership in the Allies varied during the course of the war. When the conflict broke out on 1 September 1939, the Allied coalition consisted of the United Kingdom, France, and Poland, as well as their respective dependencies, such as British India. They were soon joined by the independent dominions of the British Commonwealth: Canada, Australia, New Zealand and South Africa. Consequently, the initial alliance resembled that of the First World War. As Axis forces began invading northern Europe and the Balkans, the Allies added the Netherlands, Belgium, Norway, Greece, and Yugoslavia. The Soviet Union, which initially had a nonaggression pa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Andes
The Andes, Andes Mountains or Andean Mountains (; ) are the longest continental mountain range in the world, forming a continuous highland along the western edge of South America. The range is long, wide (widest between 18°S – 20°S latitude), and has an average height of about . The Andes extend from north to south through seven South American countries: Venezuela, Colombia, Ecuador, Peru, Bolivia, Chile, and Argentina. Along their length, the Andes are split into several ranges, separated by intermediate depressions. The Andes are the location of several high plateaus—some of which host major cities such as Quito, Bogotá, Cali, Arequipa, Medellín, Bucaramanga, Sucre, Mérida, El Alto and La Paz. The Altiplano plateau is the world's second-highest after the Tibetan plateau. These ranges are in turn grouped into three major divisions based on climate: the Tropical Andes, the Dry Andes, and the Wet Andes. The Andes Mountains are the highest m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Isaías Medina Angarita
Isaías Medina Angarita (6 July 1897 – 15 September 1953) was a Venezuelan military and political leader, the president of Venezuela from 1941 until 1945, during World War II. He followed the path of his predecessor Eleazar López Contreras, and ruled the country's democratic transition process. Career Medina was born in San Cristóbal, Venezuela, and graduated from the Military academy of Venezuela in 1914. He served as War Minister from 1936 to 1941 under López Contreras. In 1943, he founded the Venezuelan Democratic Party. Medina Angarita was the first Venezuelan president who traveled abroad (in active office). First, in 1943 to the Bolivarian countries, Colombia, Ecuador, Peru, Bolivia and Panama, and in January 1944, the United States invited by Franklin Delano Roosevelt. The visit marked a milestone in the Venezuelan-US relations. Besides being the first time a Venezuelan president (in office) visited the United States, the time was made the journey was understo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil Production In Venezuela
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated lipids that are liquid at room temperature. The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile. They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies and rituals as purifying agents. Etymology First attested in English 1176, the word ''oil'' comes from Old French ''oile'', from Latin ''oleum'', which in turn comes from the Greek (''elaion'') ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commodity
In economics, a commodity is an economic good, usually a resource, that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them. The price of a commodity good is typically determined as a function of its market as a whole: well-established physical commodities have actively traded spot and derivative markets. The wide availability of commodities typically leads to smaller profit margins and diminishes the importance of factors (such as brand name) other than price. Most commodities are raw materials, basic resources, agricultural, or mining products, such as iron ore, sugar, or grains like rice and wheat. Commodities can also be mass-produced unspecialized products such as chemical substance, chemicals and computer memory. Popular commodities include Petroleum, crude oil, Maize, corn, and gold. Other definitions of commodity include something useful or valued and an alternative ter ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dutch Disease
In economics, the Dutch disease is the apparent causal relationship between the increase in the economic development of a specific sector (for example natural resources) and a decline in other sectors (like the manufacturing sector or agriculture). The term was coined in 1977 by ''The Economist'' to describe the decline of the manufacturing sector in the Netherlands after the discovery of the large Groningen natural gas field in 1959. The presumed mechanism is that as revenues increase in the growing sector (or inflows of foreign aid), the given nation's currency becomes stronger (appreciates) compared to currencies of other nations (manifest in an exchange rate). This results in the nation's other exports becoming more expensive for other countries to buy, and imports becoming cheaper, making those sectors less competitive. While it most often refers to natural resource discovery, it can also refer to "any development that results in a large inflow of foreign currency, includ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Association Of Petroleum Geologists
The American Association of Petroleum Geologists (AAPG) is one of the world's largest professional geological societies with more than 40,000 members across 129 countries as of 2021. The AAPG works to "advance the science of geology, especially as it relates to petroleum, natural gas, other subsurface fluids, and mineral resources; to promote the technology of exploring for, finding, and producing these materials in an economically and environmentally sound manner; and to advance the professional well-being of its members." The AAPG was founded in 1917 and is headquartered in Tulsa, Oklahoma; currently almost one-third of its members live outside the United States. Over the years, the activities of the AAPG have broadened so that they bring together not just geology but also geophysics, geochemistry, engineering, and innovative analytics to enable the more efficient and environmentally-friendly approaches to the development of all earth-based energy sources. New transformative techn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lake Maracaibo
Lake Maracaibo (Spanish: Lago de Maracaibo; Anu: Coquivacoa) is a lagoon in northwestern Venezuela, the largest lake in South America and one of the oldest on Earth, formed 36 million years ago in the Andes Mountains. The fault in the northern section has collapsed and is rich in oil and gas resources. It is Venezuela's main oil producing area and an important fishing and agricultural producing area. It is inhabited by a quarter of the country's population and is also the place with the most frequent lightning on earth. The famous Catatumbo lightning can illuminate nighttime navigation, and eutrophication caused by oil pollution is a major environmental problem facing the lake. Geography Lake Maracaibo is located in the Maracaibo lowland in the faulted basin between the Perija Mountains and the Merida Mountains of the Eastern Cordillera Mountains in northwestern Venezuela. The lake is in the shape of a vase. It is 210 kilometers long from north to south, 121 kilometers wide from ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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