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Global Strategic Petroleum Reserves
Global strategic petroleum reserves (GSPR) refer to crude oil inventories (or stockpiles) held by the government of a particular country, as well as private industry, to safeguard the economy and help maintain national security during an energy crisis. Strategic reserves are intended to be used to cover short-term supply disruptions. In 2004, approximately of oil was held in strategic reserves by International Energy Agency member states, of which 1.4 billion is government-controlled and the remainder held by private industry. In February 2022, this amounted to close to two years' worth of net oil imports held in IEA member states' strategic petroleum reserves. The U.S. Strategic Petroleum Reserve has consistently held the largest strategic reserve. Some non-IEA countries have started work on their own strategic petroleum reserves. China has the largest of these new reserves. Global oil consumption is in the region of per day. The 4.1 billion barrels reserve held in 2004 would ...
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Petroleum
Petroleum, also known as crude oil or simply oil, is a naturally occurring, yellowish-black liquid chemical mixture found in geological formations, consisting mainly of hydrocarbons. The term ''petroleum'' refers both to naturally occurring unprocessed crude oil, as well as to petroleum products that consist of refining, refined crude oil. Petroleum is a fossil fuel formed over millions of years from anaerobic decay of organic materials from buried prehistoric life, prehistoric organisms, particularly planktons and algae, and 70% of the world's oil deposits were formed during the Mesozoic. Conventional reserves of petroleum are primarily recovered by oil drilling, drilling, which is done after a study of the relevant structural geology, sedimentary basin analysis, analysis of the sedimentary basin, and reservoir characterization, characterization of the petroleum reservoir. There are also unconventional (oil & gas) reservoir, unconventional reserves such as oil sands and oil sh ...
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Malawi
Malawi, officially the Republic of Malawi, is a landlocked country in Southeastern Africa. It is bordered by Zambia to the west, Tanzania to the north and northeast, and Mozambique to the east, south, and southwest. Malawi spans over and has an estimated population of 21,240,689 (as of 2024). Lilongwe is its capital and largest city, while the next three largest cities are Blantyre, Mzuzu, and Zomba, the former capital. The part of Africa now known as Malawi was settled around the 10th century by the Akafula, also known as the Abathwa. Later, the Bantu groups came and drove out the Akafula and formed various kingdoms such as the Maravi and Nkhamanga kingdoms, among others that flourished from the 16th century. In 1891, the area was colonised by the British as the British Central African Protectorate, and it was renamed '' Nyasaland'' in 1907. In 1964, Nyasaland became an independent country as a Commonwealth realm under Prime Minister Hastings Banda, and was rena ...
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Udupi
Udupi () also known as 'Odipu' () is a city in the Indian state of Karnataka. It is the administrative headquarters of Udupi district, and one of the fastest-growing cities in Karnataka. Udupi is one of the top tourist attractions in Karnataka and has various educational institutions. It is notable for the Udupi Sri Krishna Matha, Krishna Temple and is also known as the temple city. It also lends its name to the popular Udupi cuisine, is also known as Parashurama Kshetra, and is famous for Kanakana kindi. A centre of pilgrimage, Udupi is known as Rajatha Peetha pura Etymology The name 'Udupi' is derived from Tulu language, Tulu word "odipu", which means "emergence". It is also believed that it came from the Sanskrit word "Udupa", meaning "Moon". History In the 13th century, Vaishnavism, Vaishnavite saint Madhvacharya founded the Udupi Sri Krishna Matha, Sri Krishna Temple. He set up eight ''mathas'' – Ashta Mathas of Udupi, Ashta Mathas in Udupi to propagate the Dvaita Vedant ...
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Padur, Karnataka
Padur (Padoor)is a village in the Udupi district of Karnataka Karnataka ( ) is a States and union territories of India, state in the southwestern region of India. It was Unification of Karnataka, formed as Mysore State on 1 November 1956, with the passage of the States Reorganisation Act, 1956, States Re .... It is best known for being one of the locations of the Indian strategic petroleum reserves. References {{Settlements in Udupi district Villages in Udupi district ...
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Karnataka
Karnataka ( ) is a States and union territories of India, state in the southwestern region of India. It was Unification of Karnataka, formed as Mysore State on 1 November 1956, with the passage of the States Reorganisation Act, 1956, States Reorganisation Act, and renamed ''Karnataka'' in 1973. The state is bordered by the Lakshadweep Sea to the west, Goa to the northwest, Maharashtra to the north, Telangana to the northeast, Andhra Pradesh to the east, Tamil Nadu to the southeast, and Kerala to the southwest. With 61,130,704 inhabitants at the 2011 census, Karnataka is the List of states and union territories of India by population, eighth-largest state by population, comprising 31 List of districts in India, districts. With 15,257,000 residents, the state capital Bengaluru is the largest city of Karnataka. The economy of Karnataka is among the most productive in the country with a gross state domestic product (GSDP) of and a per capita GSDP of for the financial year 2023– ...
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Mangalore
Mangaluru (), formerly called Mangalore ( ), is a major industrial port city in the Indian state of Karnataka and on the west coast of India. It is located between the Laccadive Sea and the Western Ghats about west of Bengaluru, the state capital, north of Karnataka–Kerala border and south of Goa. Mangaluru is the state's only city to have all four modes of transport—air, road, rail and sea. The population of the urban agglomeration was 619,664  national census of India. It is known for being one of the locations of the Indian strategic petroleum reserves. The city developed as a port in the Laccadive Sea during ancient times, and after Independence a new port was constructed in 1968 and has since become a major port of India that handles 75 percent of India's coffee and cashew exports. It is also the country's seventh largest container port. Mangaluru has been ruled by several major powers, including the Mauryan empire, Kadambas, Alupas, Vij ...
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Indian Oil Corporation
Indian Oil Corporation Limited (IOCL or IOC), trading as IndianOil, is an Indian multinational oil and gas company under the ownership of the Government of India and administrative control of the Ministry of Petroleum and Natural Gas. It is a public sector undertaking which is registered in Mumbai but headquartered in New Delhi. It is the largest government-owned oil producer in the country both in terms of capacity and revenue. It has consolidated refining capacity of 80.55MMTPA. Indian Oil's business interests overlap the entire hydrocarbon value chain, including refining, pipeline, marketing of petroleum products, exploration and production of Petroleum, natural gas and petrochemicals. Indian Oil has ventured into renewable energy and globalisation of downstream operations. It has subsidiaries in Sri Lanka ( Lanka IOC), Mauritius (IndianOil (Mauritius) Ltd), and the Middle East (IOC Middle East FZE). Indian Oil is ranked 94th on the Fortune Global 500 list of the wor ...
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India
India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since 2023; and, since its independence in 1947, the world's most populous democracy. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is near Sri Lanka and the Maldives; its Andaman and Nicobar Islands share a maritime border with Thailand, Myanmar, and Indonesia. Modern humans arrived on the Indian subcontinent from Africa no later than 55,000 years ago., "Y-Chromosome and Mt-DNA data support the colonization of South Asia by modern humans originating in Africa. ... Coalescence dates for most non-European populations averag ...
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Zhang Guobao
Zhang Guobao (; November 1944 – 4 October 2019) was a Chinese government official who served as Vice Chairman of the National Development and Reform Commission. Biography Zhang was born in Shaoxing, Zhejiang, in November 1944. He graduated from Xi'an Jiaotong University with a mechanical engineering degree and became a senior engineer. He joined the Chinese Communist Party in 1966 and rose to become the director of the Office for Northeast Economic Revitalization in 2004, and in 2007, the Director of the National Energy Administration and Vice Chairman of the National Development and Reform Commission. He left active politics in January 2011. He held a seat on the Standing Committee of the Chinese People's Political Consultative Conference The Chinese People's Political Consultative Conference (CPPCC) is a political advisory body in the People's Republic of China and a central part of the Chinese Communist Party (CCP)'s United front (China), united front system. Its memb ...
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Saldanha Bay
Saldanha Bay () is a natural harbour on the south-western coast of South Africa. The town that developed on the northern shore of the bay, also called Saldanha, Western Cape, Saldanha, was incorporated with five other towns into the Saldanha Bay Local Municipality in 2000. The current population of the municipality is estimated at 72,000. The place is mentioned in the first edition of John Locke's ''Two Treatises of Government'' as an example of the state of nature.''Second Treatise'', sec. 14. Locke replaced the reference to "Soldania" with a story told by Garcilaso de la Vega (chronicler), Garcilaso de la Vega about a desert island in subsequent editions (Peter Laslett, ed., ''Two Treatises of Government'', by John Locke, student edition [New York: Cambridge University Press, 1988], 277n). Saldanha Bay's location makes it a paradise for the watersport enthusiast, and its local economy being strongly dependent on fishing, mussels, seafood processing, the steel industry and the ...
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PetroSA
PetroSA (The Petroleum, Oil and Gas Corporation of South Africa ( SOC) Ltd.) is the national oil and gas company (NOC) of South Africa. Its main activities are the extraction of natural gas from offshore fields about 89 km from Mossel Bay, the production of synthetic fuels from this gas through a gas to liquids (GTL) process, and the extraction of crude oil from oil fields off the South Coast of South Africa. The GTL Refinery is located in Mossel Bay. Its capacity is about 45 000 bpd and processes both the gas and condensate to produce liquid fuels and chemicals. The company is also involved in the exploration for and development of new sources of oil and gas. PetroSA is a member of the Fuels Industry Association of South Africa (FIASA), having joined in 2002. History PetroSA was formed in January 2002 from the merger of three previous entities: Mossgas (Pty) Limited, Soekor (Pty) Limited, and parts of the Strategic Fuel Fund Association. Soekor was divide ...
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South Africa
South Africa, officially the Republic of South Africa (RSA), is the Southern Africa, southernmost country in Africa. Its Provinces of South Africa, nine provinces are bounded to the south by of coastline that stretches along the Atlantic Ocean, South Atlantic and Indian Ocean; to the north by the neighbouring countries of Namibia, Botswana, and Zimbabwe; to the east and northeast by Mozambique and Eswatini; and it encloses Lesotho. Covering an area of , the country has Demographics of South Africa, a population of over 64 million people. Pretoria is the administrative capital, while Cape Town, as the seat of Parliament of South Africa, Parliament, is the legislative capital, and Bloemfontein is regarded as the judicial capital. The largest, most populous city is Johannesburg, followed by Cape Town and Durban. Cradle of Humankind, Archaeological findings suggest that various hominid species existed in South Africa about 2.5 million years ago, and modern humans inhabited the ...
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