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Yacimientos Petrolíferos Fiscales Bolivianos
Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) is a Bolivian state-owned enterprise dedicated to the exploration, exploitation, refining, industrialization, distribution and commercialization of oil, natural gas and derived products. It was created on December 21, 1936 under a government decree during the presidency of David Toro. YPFB is one of the biggest corporations in Bolivia. History Following Bolivia's defeat in the Chaco War, public outrage against Standard Oil coalesced with outrage against the Bolivian military and political classes. A core of labor movements and Chaco War veterans backed the political rise of military officers, included Colonel David Toro. Led by Toro, Bolivia followed the Argentinean model by creating a national, state-owned and run, oil company in 1936 — YPFB. During the first presidency of Gonzalo Sánchez de Lozada, YPFB was broken up and largely sold off. "Capitalized" oil companies were formed from YPFB properties under the capitaliza ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Enterprise
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce. The government typically holds full or majority ownership and oversees operations. SOEs have a distinct legal structure, with financial and developmental goals, like making services more accessible while earning profit (such as a state railway). They can be considered as government-affiliated entities designed to meet commercial and state capitalist objectives. Terminology The terminology around the term state-owned enterprise is murky. All three words in the term are challenged and subject to interpretation. First, it is debatable what the term "state" implies (e.g., it is unclear whether municipally owned corporations and ente ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privatization
Privatization (rendered privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the purview of state-run agencies. Some examples include revenue collection, law enforcement, water supply, and prison management. Another definition is that privatization is the sale of a state-owned enterprise or municipally owned corporation to private investors; in this case shares may be traded in the public market for the first time, or for the first time since an enterprise's previous natio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy Companies Established In 1936
Energy () is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat and light. Energy is a conserved quantity—the law of conservation of energy states that energy can be converted in form, but not created or destroyed. The unit of measurement for energy in the International System of Units (SI) is the joule (J). Forms of energy include the kinetic energy of a moving object, the potential energy stored by an object (for instance due to its position in a field), the elastic energy stored in a solid object, chemical energy associated with chemical reactions, the radiant energy carried by electromagnetic radiation, the internal energy contained within a thermodynamic system, and rest energy associated with an object's rest mass. These are not mutually exclusive. All living organisms constantly take in and release energy. The Earth's climate and ecosystems processes are driven primarily ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Non-renewable Resource Companies Established In 1936
A non-renewable resource (also called a finite resource) is a natural resource that cannot be readily replaced by natural means at a pace quick enough to keep up with consumption. An example is carbon-based fossil fuels. The original organic matter, with the aid of heat and pressure, becomes a fuel such as oil or gas. Earth minerals and metal ores, fossil fuels (coal, petroleum, natural gas) and groundwater in certain aquifers are all considered non-renewable resources, though individual elements are always conserved (except in nuclear reactions, nuclear decay or atmospheric escape). Conversely, resources such as timber (when harvested sustainably) and wind (used to power energy conversion systems) are considered renewable resources, largely because their localized replenishment can also occur within human lifespans. Earth minerals and metal ores Earth minerals and metal ores are examples of non-renewable resources. The metals themselves are present in vast amounts in E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Oil And Gas Companies
National may refer to: Common uses * Nation or country ** Nationality – a ''national'' is a person who is subject to a nation, regardless of whether the person has full rights as a citizen Places in the United States * National, Maryland, census-designated place * National, Nevada, ghost town * National, Utah, ghost town * National, West Virginia, unincorporated community Commerce * National (brand), a brand name of electronic goods from Panasonic * National Benzole (or simply known as National), former petrol station chain in the UK, merged with BP * National Book Store, a bookstore and office supplies chain in the Philippines * National Car Rental, an American rental car company * National Energy Systems, a former name of Eco Marine Power * National Entertainment Commission, a former name of the Media Rating Council * National Motor Vehicle Company, Indianapolis, Indiana, USA 1900–1924 * National Radio Company, Malden, Massachusetts, USA 1914–1991 * National ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil And Gas Companies Of Bolivia
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) and 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 -4; we might wonder whether there's a point at which it's appro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Los Tiempos
''Los Tiempos'' () is a newspaper published in Cochabamba, Bolivia. By 2013, its circulation reached 45,000 copies. Since October 2017, the newspaper is published in Berliner. Prior to this, the newspaper was a broadsheet. History ''Los Tiempos'' was founded on 16 September 1943 by Demetrio Canelas, who had already founded the newspaper '' La Patria'' in Oruro in 1919. He was assaulted and practically destroyed by a mob of militants of the Revolutionary Nationalist Movement The Revolutionary Nationalist Movement ( , MNR) is a centre-right, conservative political party in Bolivia. It was the leading force behind the Bolivian National Revolution from 1952 to 1964. It influenced much of the country's history since 19 ... on 9 November 1953, resuming its publications on 19 July 1967 with the premiere of a rotary offset. On 17 September 1989, it inaugurated its modern building, and on 4 September 1996, it opened its website. References External links * 1943 establishme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bolivian Stock Exchange
The Bolivian Stock Exchange (known in Spanish as Bolsa Boliviana de Valores or BBV) is a stock exchange based in the city of La Paz, Bolivia. The BBV began operations in 1989, offering trading in equities, indexes, gold, and local commodities. History The founders of the Bolivian Stock Exchange included Ernesto Wende, Oscar Parada, Gastón Guillén, Gastón Mujía, José Crespo, Luis Ergueta, and Chirveches. The President of the Confederation of Private Employers of Bolivia (CEPB), Marcelo Pérez Monasterios (later the Bolivian ambassador to the United Kingdom), called for a meeting to designate a commission to help establish the stock exchange, and the project launched on April 19, 1979, under the name Bolsa Boliviana de Valores (Bolivian Stock Exchange). The BBV began with $B1,420,000 (Bolivian weight, valid legal tender until 1987) in capital and with 71 shareholders. Upon establishment, the entity's first General Board of Shareholders approved statutes of the society and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Evo Morales
Juan Evo Morales Ayma (; born 26 October 1959) is a Bolivian politician, trade union organizer, and former cocalero activist who served as the 65th president of Bolivia from 2006 to 2019. Widely regarded as the country's first president to come from its indigenous population, his administration worked towards the implementation of left-wing policies, focusing on the legal protections and socioeconomic conditions of Bolivia's previously marginalized indigenous population and combating the political influence of the United States and resource-extracting multinational corporations. Ideologically a socialist, he led the Movement for Socialism (MAS) party from 1998 to 2024. Born to an Aymara family of subsistence farmers in Isallawi, Orinoca Canton, Morales undertook a basic education and mandatory military service before moving to the Chapare Province in 1978. Growing coca and becoming a trade unionist, he rose to prominence in the '' campesino'' ("rural laborers") union. I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bridas Corporation
Bridas Corporation is an Argentine independent oil and gas holding company based in Buenos Aires. Since March 2010 it is 50% owned by China National Offshore Oil Corporation. Operations Bridas Corporation was founded by the Bulgheroni family in 1948, and grew to become the second-largest producer of fossil fuels in Argentina (after the state-owned YPF), with production of over 78 million barrel of oil equivalent, boe in 2004. Bridas has focused in the South America Southern Cone and Central Asia. Its activities includes four principal areas of operations: * exploration and development of oil and gas reserves and the production of oil and gas; * marketing and transportation of oil, gas and oil products; * gathering, treatment, processing and distribution of gas and power generation; * drilling and well services. Trans-Afghanistan pipeline controversy Bridas began expanding into the Central Asian energy sector in 1987, and secured its first large-scale contract (gas exploration ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
