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Madagascar Oil
Madagascar Oil SA is an oil company operating in Madagascar. It is the principal onshore oil company in Madagascar in terms of oil resources and land. Madagascar Oil's operational office is in Antananarivo, Madagascar and its administrative offices are in Singapore. Its Chairman is Indonesian national Al Njoo. Prior to this, the company was based in Houston, Texas and earlier in London, England. The company's flagship oil field is Tsimiroro in the Morondava Basin of western Madagascar. Madagascar Oil wholly owns its subsidiary, Madagascar Oil S.A. History Madagascar Oil was founded in 2004 by Canadian engineer Sam Malin and Australian businessman Alan Bond. Its parent company was originally Madagascar Oil Limited (Mauritius). In March 2006, simultaneous with a US$60m fund raising to North American managed hedge funds, the parent company was reorganised as Madagascar Oil Limited in Bermuda. In 2006, Madagascar Oil launched its first licensing round involving 44 offshore block ...
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Oil And Gas Industry
The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transportation (often by oil tankers and pipelines), and marketing of petroleum products. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum is also the raw material for many chemical products, including pharmaceuticals, solvents, fertilizers, pesticides, synthetic fragrances, and plastics. The industry is usually divided into three major components: upstream, midstream, and downstream. Upstream regards exploration and extraction of crude oil, midstream encompasses transportation and storage of crude, and downstream concerns refining crude oil into various end products. Petroleum is vital to many industries, and is necessary for the maintenance of industrial civilization in its current configuration, making it a critical concern for many nations. Oil accounts for a large percentage of the world’ ...
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The Daily Telegraph
''The Daily Telegraph'', known online and elsewhere as ''The Telegraph'', is a national British daily broadsheet newspaper published in London by Telegraph Media Group and distributed across the United Kingdom and internationally. It was founded by Arthur B. Sleigh in 1855 as ''The Daily Telegraph & Courier''. Considered a newspaper of record over ''The Times'' in the UK in the years up to 1997, ''The Telegraph'' generally has a reputation for high-quality journalism, and has been described as being "one of the world's great titles". The paper's motto, "Was, is, and will be", appears in the editorial pages and has featured in every edition of the newspaper since 19 April 1858. The paper had a circulation of 363,183 in December 2018, descending further until it withdrew from newspaper circulation audits in 2019, having declined almost 80%, from 1.4 million in 1980.United Newspapers PLC and Fleet Holdings PLC', Monopolies and Mergers Commission (1985), pp. 5–16. Its si ...
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Bloomberg Business
''Bloomberg Businessweek'', previously known as ''BusinessWeek'', is an American weekly business magazine published fifty times a year. Since 2009, the magazine is owned by New York City-based Bloomberg L.P. The magazine debuted in New York City in September 1929. Bloomberg Businessweek business magazines are located in the Bloomberg Tower, 731 Lexington Avenue, Manhattan in New York City and market magazines are located in the Citigroup Center, 153 East 53rd Street between Lexington and Third Avenue, Manhattan in New York City. History ''Businessweek'' was first published based in New York City in September 1929, weeks before the stock market crash of 1929. The magazine provided information and opinions on what was happening in the business world at the time. Early sections of the magazine included marketing, labor, finance, management and Washington Outlook, which made ''Businessweek'' one of the first publications to cover national political issues that directly impacted the b ...
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John Paul DeJoria
John Paul Jones DeJoria (born April 13, 1944) is an American entrepreneur, self-made billionaire and philanthropist best known as a co-founder of the Paul Mitchell line of hair products and The Patrón Spirits Company. Due to his personal career and achievements in business from once being homeless to becoming a self-made billionaire and successful entrepreneur DeJoria has been described as a living example of the American Dream and has been featured in a number of reports and documentaries. Early life and education John Paul Jones DeJoria was born the second son of an Italian immigrant father and a Greek immigrant mother on April 13, 1944, in the Echo Park neighborhood of Los Angeles, California. His parents divorced by the time he was two years old. When his single mother proved unable to support both children, they were sent to an East Los Angeles foster home and stayed there during the week until he was nine and returned to his mother. At nine he began selling Christmas c ...
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Government Of Madagascar
Politics of Madagascar takes place in a framework of a semi-presidential representative democratic republic, whereby the President of Madagascar is head of state and the Prime Minister of Madagascar is head of government, and of a pluriform multi-party system. Executive power is exercised by the government. Legislative power is vested in both the government and the Senate and the National Assembly. The Judiciary is independent of the executive and the legislature. Political history Madagascar's first President, Philibert Tsiranana, was elected when his Social Democratic Party gained power at independence in 1960 and was reelected without opposition in March 1972. However, he resigned only 2 months later in response to massive anti-government demonstrations. The unrest continued, and Tsiranana's successor, Gen. Gabriel Ramanantsoa, resigned on February 5, 1975, handing over executive power to Lt. Col. Richard Ratsimandrava, who was assassinated 6 days later. A provisional milita ...
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OMNIS
{{other uses, Omnis (other) OMNIS (Office des Mines Nationales et des Industries Stratégiques, formerly known as Office Militaire National pour les Industries Stratégiques) is the Malagasy government organisation, operating under the auspices of the Ministry of Energy, responsible for: Hydrocarbons: – Putting in place and updating the legal framework for upstream oil and gas activities in Madagascar – Acquisition of technical exploration data (geological, geophysical and drilling) – Promotion of potentially hydrocarbon-bearing areas – Management of existing and newly acquired exploration data – Laboratory analysis of samples (rock, oil and gas) Mining: – Promotion of the Malagasy mining sector – Development of basic sectoral infrastructure relevant to various minerals – Undertaking of minerals research including energy minerals (radioactive minerals, fossil fuels, etc.) – Development of and feasibility studies for mining projects, minerals production, e ...
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Production Sharing Agreements
Production sharing agreements (PSAs) or production sharing contracts (PSCs) are a common type of contract signed between a government and a resource extraction company (or group of companies) concerning how much of the resource (usually oil) extracted from the country each will receive. Description Production sharing agreements were first used in Bolivia in the early 1950s, although their first implementation similar to today's was in Indonesia in the 1960s. Today they are often used in the Middle East and Central Asia,overall 40 countries worldwide. In production sharing agreements the country's government awards the execution of exploration and production activities to an oil company. The oil company bears the mineral and financial risk of the initiative and explores, develops and ultimately produces the field as required. When successful, the company is permitted to use the money from produced oil to recover capital and operational expenditures, known as "cost oil". The remaini ...
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Light Crude Oil
Light crude oil is liquid petroleum that has a low density and flows freely at room temperature. It has a low viscosity, low specific gravity and high API gravity due to the presence of a high proportion of light hydrocarbon fractions. It generally has a low wax content. Light crude oil receives a higher price than heavy crude oil on commodity markets because it produces a higher percentage of gasoline and diesel fuel when converted into products by an oil refinery. Varying standards The clear cut definition of ''light'' and ''heavy'' crude varies because the classification is based more on practical grounds than theoretical. The New York Mercantile Exchange (NYMEX) defines light crude oil for domestic U.S. oil as having an API gravity between 37° API (840 kg/m3) and 42° API (816 kg/m3), while it defines light crude oil for non-U.S. oil as being between 32° API (865 kg/m3) and 42° API (816 kg/m3). The National Energy Board of Canada defines light crude oil as having a density ...
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Tar Sands
Oil sands, tar sands, crude bitumen, or bituminous sands, are a type of unconventional petroleum deposit. Oil sands are either loose sands or partially consolidated sandstone containing a naturally occurring mixture of sand, clay, and water, soaked with bitumen, a dense and extremely viscous form of petroleum. Significant bitumen deposits are reported in Canada, Kazakhstan, Russia, and Venezuela. The estimated worldwide deposits of oil are more than ; the estimates include deposits that have not been discovered. Proven reserves of bitumen contain approximately 100 billion barrels, and total natural bitumen reserves are estimated at worldwide, of which , or 70.8%, are in Alberta, Canada. Crude bitumen is a thick, sticky form of crude oil, so viscous that it will not flow unless heated or diluted with lighter hydrocarbons such as light crude oil or natural-gas condensate. At room temperature, it is much like cold molasses. The Orinoco Belt in Venezuela is sometimes descr ...
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Oil Reserves
An oil is any polarity (chemistry), nonpolar chemical substance that is composed primarily of Hydrocarbon, hydrocarbons and is hydrophobe, hydrophobic (does not mix with water) & lipophilicity, lipophilic (mixes with other oils). Oils are usually flammable and surfactant, 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 fats, animal, vegetable oil, vegetable, or petrochemical in origin, and may be Volatility (chemistry), 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 1 ...
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Proven Reserves
Proven reserves (also called measured reserves, 1P, and reserves) is a measure of fossil fuel energy reserves, such as oil reserves, natural gas reserves, and coal reserves. It is defined as the " antity of energy sources estimated with reasonable certainty, from the analysis of geologic and engineering data, to be recoverable from well established or known reservoirs with the existing equipment and under the existing operating conditions." A reserve is considered proven if it is probable that at least 90% of the resource is recoverable by economically profitable means. Operating conditions are taken into account when determining if a reserve is classified as proven. Operating conditions include operational break-even price, regulatory and contractual approvals, without which the reserve cannot be classified as proven. Price changes therefore can have a large impact on the classification of proven reserves. Regulatory and contractual conditions may change, and also affect the am ...
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Total S
Total may refer to: Mathematics * Total, the summation of a set of numbers * Total order, a partial order without incomparable pairs * Total relation, which may also mean ** connected relation (a binary relation in which any two elements are comparable). * Total function, a partial function that is also a total relation Business * TotalEnergies, a French petroleum company * Total (cereal), a food brand by General Mills * Total, a brand of strained yogurt made by Fage * Total, a database management system marketed by Cincom Systems * Total Linhas Aéreas - a brazilian airline * Total, a line of dental products by Colgate Music and culture * Total (group), an American R&B girl group * '' Total: From Joy Division to New Order'', a compilation album * ''Total'' (Sebastian album) * ''Total'' (Total album) * ''Total'' (Teenage Bottlerocket album) * ''Total'' (Seigmen album) * ''Total'' (Wanessa album) * ''Total'' (Belinda Peregrín album) * ''Total 1'', an annual compilation alb ...
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