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Sonangol
Group Sonangol ( pt, Grupo Sonangol) is a parastatal that formerly oversaw petroleum and natural gas production in Angola. The group consisted of Sonangol E.P. ( pt, Sociedade Nacional de Combustíveis de Angola, E.P.) and its many subsidiaries. The subsidiaries generally had Sonangol E.P. as a primary client, along with other corporate, commercial, and individual clients. Angola is estimated to have over of offshore and coastal petroleum reserves, and new discoveries are outpacing consumption by a 5-to-1 ratio. In February 2019, the government transferred the industry regulation functions of Sonangol to a new government agency, the National Oil, Gas and Biofuel Agency (ANPG). The ANPG also gained from Sonangol the right to award fossil fuel exploration, development, and production contracts. History On the eve of Portuguese Angola's independence from Portugal following the Carnation Revolution and the election of a democratic government in Portugal in 1976, the company ANGOL ( ...
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Angola
, national_anthem = " Angola Avante"() , image_map = , map_caption = , capital = Luanda , religion = , religion_year = 2020 , religion_ref = , coordinates = , largest_city = capital , official_languages = Portuguese , languages2_type = National languages , languages2 = , ethnic_groups = , ethnic_groups_ref = , ethnic_groups_year = 2000 , demonym = , government_type = Unitary dominant-party presidential republic , leader_title1 = President , leader_name1 = João Lourenço , leader_title2 = Vice President , leader_name2 = Esperança da CostaInvestidura do Pr ...
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Isabel Dos Santos
Isabel dos Santos (; born 20 April 1973) is an Angolan businesswoman, the eldest child of Angola's former President José Eduardo dos Santos, who ruled the country as a dictator from 1979 to 2017. Once considered Africa's richest woman according to ''Forbes'' magazine, with a net worth exceeding US$2 billion, she was dropped from the magazine's list in January 2021 after the freezing of her assets in Angola, Portugal and the Netherlands. She owes $340 million to the Portuguese company PT Ventures. In 2013 ''Forbes'' described how dos Santos acquired her wealth by taking stakes in companies doing business in Angola, suggesting that her wealth came almost entirely from her family's power and connections. Since 2018, the Angolan government has been trying to prosecute Isabel dos Santos for corruption that may have led to Angola's ongoing recession. On 30 December 2019, the Luanda Provincial Court ordered to freeze dos Santos's Angolan bank accounts and to seize her stake in loc ...
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Energy Corridor
The Energy Corridor is a business district in Houston, Texas, located on the west side of the metropolitan area between Beltway 8 and the Grand Parkway. The district straddles a stretch of Interstate 10 (the Katy Freeway) from Kirkwood Road westward to Barker Cypress Road and extends south along Eldridge Parkway to Briar Forest Drive. Parts of the district overlap with the Memorial area of Houston. The district is located north of Westchase, another major business district of Houston, and east of Greater Katy. Many energy sector companies have major operations in the Energy Corridor, including BP America, Citgo, ConocoPhillips, Nouryon and Shell Oil Company. Non-energy firms also have a presence; Sysco and Gulf States Toyota Distributors are both headquartered in the district. The Energy Corridor contains over of office space, with an employment capacity of over 105,000. Over of urban park area borders the Energy Corridor, including George Bush Park and Bear Creek Pioneers ...
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Luanda
Luanda () is the Capital (political), capital and largest city in Angola. It is Angola's primary port, and its major Angola#Economy, industrial, Angola#Culture, cultural and Angola#Demographics, urban centre. Located on Angola's northern Atlantic Ocean, Atlantic coast, Luanda is Angola's administrative centre, its chief seaport, and also the capital of the Luanda Province. Luanda and its metropolitan area is the most populous Portuguese language, Portuguese-speaking capital city in the world and the most populous Lusophone city outside Brazil, with over 8.3 million inhabitants in 2020 (a third of Angola's population). Among the oldest colonial cities of Africa, it was founded in January 1576 as ''São Paulo da Assunção de Loanda'' by Portuguese explorer Paulo Dias de Novais. The city served as the centre of the Slavery in Angola, slave trade to Brazil before its prohibition. At the start of the Angolan Civil War in 1975, most of the white Portuguese left as refugees, princ ...
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José Eduardo Dos Santos
José Eduardo dos Santos (; 28 August 1942 – 8 July 2022) was the president of Angola from 1979 to 2017. As president, dos Santos was also the commander-in-chief of the Angolan Armed Forces (FAA) and president of the People's Movement for the Liberation of Angola (MPLA), the party that has ruled Angola since it won independence in 1975. He was the second-longest-serving president in Africa, surpassed only by Teodoro Obiang Nguema Mbasogo of Equatorial Guinea. Dos Santos joined the MPLA, then an anti-colonial movement, while still in school, and earned degrees in petroleum engineering and radar communications while studying in the Soviet Union. Following the Angolan War of Independence, Angola was constituted in 1975 as a Marxist–Leninist one-party state led by the MPLA. Dos Santos held several positions including Minister of Foreign Affairs in the government of independent Angola's first president, Agostinho Neto. Following Neto's death in 1979, dos Santos was elect ...
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Marathon Oil
Marathon Oil Corporation is an American company engaged in hydrocarbon exploration incorporated in Ohio and headquartered in the Marathon Oil Tower in Houston, Texas. A direct descendant of Standard Oil, it also runs international gas operations focused on Equatorial Guinea, offshore Central Africa. The company is ranked 534th on the Fortune 500 and 1900th on the Forbes Global 2000. As of December 31, 2020, the company had of estimated proven reserves, of which 86% was in the United States and 14% was in Equatorial Guinea. The company's proved reserves consisted 52% of petroleum, 30% natural gas and 18% natural gas liquids. In 2020, the company sold per day, of which 26% was from the Eagle Ford Group, 27% was from the Bakken formation, 17% was from Oklahoma, 7% was from the Northern Delaware Basin, 2% was from other U.S. sources, and 20% was from Equatorial Guinea. History Marathon Oil began as "The Ohio Oil Company" in 1887. In 1889, the company was purchased by John D. ...
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Statutory Corporation
A statutory corporation is a government entity created as a statutory body by statute. Their precise nature varies by jurisdiction, thus, they are statutes owned by a government or controlled by national or sub-national government to the (in some cases minimal) extent provided for in the creating legislation. Bodies described in the English language as "statutory corporations" exist in the following countries in accordance with the associated descriptions (where provided). Australia In Australia, statutory corporations are a type of statutory authority created by Acts of state or federal parliaments. A statutory corporation is defined in the government glossary as a "statutory body that is a body corporate, including an entity created under section 87 of the PGPA Act" (i.e. a statutory authority may also be a statutory corporation). An earlier definition describes a statutory corporation as "a statutory authority that is a body corporate", and the New South Wales Governmen ...
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Sonatrach
Sonatrach ( ar, سوناطراك; french: Société Nationale pour la Recherche, la Production, le Transport, la Transformation, et la Commercialisation des Hydrocarbures) is the national state-owned oil company of Algeria. Founded in 1963, it is known today to be the largest company in Africa with 154 subsidiaries, and often referred as the first African oil "major". In 2021, Sonatrach was the seventh largest gas company in the world. Overview Sonatrach is the 12th largest oil consortium in the world, with 154 subsidiaries operating over the entire oil value-chain from upstream, to midstream, and downstream activities. In 2002, its gross sales was 1,530 billion Algerian dinars for a net income of 175 billion. With approximately 120,000 workers, the company produced 30% of the GNP of Algeria. Annually it produced 206 million Tonne of Oil equivalent (ToE), including 24 million ToE, or 11.7% of total, for the Algerian domestic market. In 2021, the company's export revenu ...
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Houston, Texas
Houston (; ) is the most populous city in Texas, the most populous city in the Southern United States, the fourth-most populous city in the United States, and the sixth-most populous city in North America, with a population of 2,304,580 in 2020. Located in Southeast Texas near Galveston Bay and the Gulf of Mexico, it is the seat and largest city of Harris County and the principal city of the Greater Houston metropolitan area, which is the fifth-most populous metropolitan statistical area in the United States and the second-most populous in Texas after Dallas–Fort Worth. Houston is the southeast anchor of the greater megaregion known as the Texas Triangle. Comprising a land area of , Houston is the ninth-most expansive city in the United States (including consolidated city-counties). It is the largest city in the United States by total area whose government is not consolidated with a county, parish, or borough. Though primarily in Harris County, small portions of ...
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Hong Kong
Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China (abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta in South China. With 7.5 million residents of various nationalities in a territory, Hong Kong is one of the most densely populated places in the world. Hong Kong is also a major global financial centre and one of the most developed cities in the world. Hong Kong was established as a colony of the British Empire after the Qing Empire ceded Hong Kong Island from Xin'an County at the end of the First Opium War in 1841 then again in 1842.. The colony expanded to the Kowloon Peninsula in 1860 after the Second Opium War and was further extended when Britain obtained a 99-year lease of the New Territories in 1898... British Hong Kong was occupied by Imperial Japan from 1941 to 1945 during World War II; British administration resumed after th ...
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Brazzaville
Brazzaville (, kg, Kintamo, Nkuna, Kintambo, Ntamo, Mavula, Tandala, Mfwa, Mfua; Teke: ''M'fa'', ''Mfaa'', ''Mfa'', ''Mfoa''Roman Adrian Cybriwsky, ''Capital Cities around the World: An Encyclopedia of Geography, History, and Culture'', ABC-CLIO, USA, 2013, p. 60) is the capital and largest city of the Republic of the Congo (Congo Republic). Constituting the financial and administrative centre of the country, it is located on the north side of the Congo River, opposite Kinshasa, the capital city of the Democratic Republic of the Congo (DR Congo). The population of the capital is estimated to exceed 1.8 million residents, comprising more than a third of the national populace. Some 40% are employed in non-agricultural professions. During World War II, Brazzaville was also the capital of Free France between 1940 and 1942. In 2013, Brazzaville was designated a City of Music by UNESCO; since then it has also been a member of the Creative Cities Network. Geography Brazzaville ...
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International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. , the fund had XDR 477 billi ...
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