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Sonangol
Group Sonangol () is a Government-owned corporation, parastatal that formerly oversaw petroleum and natural gas production in Angola. The group consisted of Sonangol 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. In 2023, Sonangol produced 202,000 Barrel (unit), barrels of oil with an income of United States dollar, US$ 10.9 billion. History Foundation On the eve of Portuguese Angola's independence from Portugal following the Carnation Revolution and the election of a Democracy, democratic government in Portugal in 1976, the company ANGOL (ANGOL ''Sociedade de Lubrificantes e Combustíveis'' SARL), founded in 1953 as a subsidiary of Portuguese company SACOR) was Nationalization, nationalized and split in two, forming Sonangol U.E.E. and Direcção Nacional de Petróleos. Directive 52/76 instituted Sonangol as a State-owned enterprise, state-owned company with a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Angola
Angola, officially the Republic of Angola, is a country on the west-Central Africa, central coast of Southern Africa. It is the second-largest Portuguese-speaking world, Portuguese-speaking (Lusophone) country in both total area and List of countries and dependencies by population, population and is the List of African countries by area, seventh-largest country in Africa. It is bordered by Namibia to the south, the Democratic Republic of the Congo to the north, Zambia to the east, and the Atlantic Ocean to the west. Angola has an Enclave and exclave, exclave province, the province of Cabinda Province, Cabinda, that borders the Republic of the Congo and the Democratic Republic of the Congo. The capital and most populous city is Luanda. Angola has been inhabited since the Paleolithic, Paleolithic Age. After the Bantu expansion reached the region, states were formed by the 13th century and organised into confederations. The Kingdom of Kongo ascended to achieve hegemony among the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Petroleum Industry In Angola
Angola has a semi-planned economy, in which central planning directs the economy with the participation of private enterprises. The economy of Angola remains heavily influenced by the effects of four decades of conflict in the last part of the 20th century, the war for independence from Portugal (1961–75) and the subsequent civil war (1975–2002). Poverty since 2002 is reduced over 50% and a third of the population relies on subsistence agriculture. Since 2002, when the 27-year civil war ended, government policy prioritized the repair and improvement of infrastructure and strengthening of political and social institutions. During the first decade of the 21st century, Angola's economy was one of the fastest-growing in the world,Birgitte Refslund Sørensen and Marc Vincent. ''Caught Between Borders: Response Strategies of the Internally Displaced'', 2001. Page 17. with reported annual average GDP growth of 11.1 percent from 2001 to 2010. High international oil prices and rising ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Statutory Corporation
A statutory corporation is a corporation, government entity created as a statutory body by statute. Their precise nature varies by jurisdiction, but they are corporations 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 federal Department of Finance (Australia), Department of Finance's 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 auth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nationalization
Nationalization (nationalisation in British English) is the process of transforming privately owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization contrasts with privatization and with demutualization. When previously nationalized assets are privatized and subsequently returned to public ownership at a later stage, they are said to have undergone renationalization (or deprivatization). Industries often subject to nationalization include telecommunications, electric power, fossil fuels, railways, airlines, iron ore, media, postal services, banks, and water (sometimes called the commanding heights of the economy), and in many jurisdictions such entities have no history of private ownership. Nationalization may occur with or without financial compensation to the former owners. Nationalization is distinguished from property redistribution in that the government retains control of nationalized pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Data Management
Data management comprises all disciplines related to handling data as a valuable resource, it is the practice of managing an organization's data so it can be analyzed for decision making. Concept The concept of data management emerged alongside the evolution of computing technology. In the 1950s, as computers became more prevalent, organizations began to grapple with the challenge of organizing and storing data efficiently. Early methods relied on punch cards and manual sorting, which were labor-intensive and prone to errors. The introduction of database management systems in the 1970s marked a significant milestone, enabling structured storage and retrieval of data. By the 1980s, relational database models revolutionized data management, emphasizing the importance of data as an asset and fostering a data-centric mindset in business. This era also saw the rise of data governance practices, which prioritized the organization and regulation of data to ensure quality and complian ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shipping
Freight transport, also referred to as freight forwarding, is the physical process of transporting commodities and merchandise goods and cargo. The term shipping originally referred to transport by sea but in American English, it has been extended to refer to transport by land or air (International English: "carriage") as well. "Logistics", a term borrowed from the military environment, is also used in the same sense. History Prehistoric Era Initial human civilization relied heavily on domesticated animals, such as horses, camels, and donkeys, to transport their goods. The invention of the wheel in Mesopotamia in 5000BC improved this efficiency by allowing for carts and carriages to be created, which animals could pull. Classical Era Romans The Romans built a vast network of roads, which facilitated trade across the numerous cities in its empire. Silk Road Transport along the silk road, a land-based route, was generally done through caravans, equipped ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Truck Driver
A truck driver (commonly referred to as a trucker, teamster or driver in the United States and Canada; a truckie in Australia and New Zealand; an HGV driver in the United Kingdom, Ireland and the European Union, a lorry driver, or driver in the United Kingdom, Ireland, India, Nepal, Pakistan, Malaysia and Singapore) is a person who earns a living as the driver of a truck, which is commonly defined as a large goods vehicle (LGV) or heavy goods vehicle (HGV) (usually a semi truck, box truck, or dump truck). Duties and functions Truck drivers provide an essential service to industrialized societies by transporting finished Good (economics), goods and raw materials over land, typically to and from Factory, manufacturing plants, retail, and distribution (business), distribution centers. Truck drivers are responsible for inspecting their vehicles for mechanical items or issues relating to safe operation. Others, such as driver/sales workers, are also responsible for sales, complet ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Telecommunications
Telecommunication, often used in its plural form or abbreviated as telecom, is the transmission of information over a distance using electronic means, typically through cables, radio waves, or other communication technologies. These means of transmission may be divided into communication channels for multiplexing, allowing for a single medium to transmit several concurrent Session (computer science), communication sessions. Long-distance technologies invented during the 20th and 21st centuries generally use electric power, and include the electrical telegraph, telegraph, telephone, television, and radio. Early telecommunication networks used metal wires as the medium for transmitting signals. These networks were used for telegraphy and telephony for many decades. In the first decade of the 20th century, a revolution in wireless communication began with breakthroughs including those made in radio communications by Guglielmo Marconi, who won the 1909 Nobel Prize in Physics. Othe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Italy
Italy, officially the Italian Republic, is a country in Southern Europe, Southern and Western Europe, Western Europe. It consists of Italian Peninsula, a peninsula that extends into the Mediterranean Sea, with the Alps on its northern land border, as well as List of islands of Italy, nearly 800 islands, notably Sicily and Sardinia. Italy shares land borders with France to the west; Switzerland and Austria to the north; Slovenia to the east; and the two enclaves of Vatican City and San Marino. It is the List of European countries by area, tenth-largest country in Europe by area, covering , and the third-most populous member state of the European Union, with nearly 59 million inhabitants. Italy's capital and List of cities in Italy, largest city is Rome; other major cities include Milan, Naples, Turin, Palermo, Bologna, Florence, Genoa, and Venice. The history of Italy goes back to numerous List of ancient peoples of Italy, Italic peoples—notably including the ancient Romans, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sonatrach
Sonatrach (; ) 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 (petroleum industry), upstream, to midstream, and downstream (petroleum industry), 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 Gross National Product, GNP of Algeria. Annually it produced 206 million Tonne of oil equivalent, 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 revenues had increased by 75%, placing turnovers at US$3 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Algeria
Algeria, officially the People's Democratic Republic of Algeria, is a country in the Maghreb region of North Africa. It is bordered to Algeria–Tunisia border, the northeast by Tunisia; to Algeria–Libya border, the east by Libya; to Algeria–Niger border, the southeast by Niger; to Algeria–Western Sahara border, the southwest by Mali, Mauritania, and Western Sahara; to Algeria–Morocco border, the west by Morocco; and to the north by the Mediterranean Sea. The capital and List of cities in Algeria, largest city is Algiers, located in the far north on the Mediterranean coast. Inhabited since prehistory, Algeria has been at the crossroads of numerous cultures and civilisations, including the Phoenicians, Numidians, Ancient Rome, Romans, Vandals, and Byzantine Greeks. Its modern identity is rooted in centuries of Arab migrations to the Maghreb, Arab Muslim migration waves since Muslim conquest of the Maghreb, the seventh century and the subsequent Arabization, Arabisation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mobil
Mobil Oil Corporation, now known as just Mobil, is a petroleum brand owned and operated by American oil and gas corporation ExxonMobil, formerly known as Exxon, which took its current name after history of ExxonMobil#merger, it and Mobil merged in 1999. A direct descendant of Standard Oil, Mobil was originally known as the Standard Oil Company of New York (shortened to Socony) after Standard Oil was Standard Oil Co. of New Jersey v. United States, split into 43 different entities in a 1911 Supreme Court decision. Socony merged with Vacuum Oil Company, from which the Mobil name first originated, in 1931 and subsequently renamed itself to "Socony-Vacuum Oil Company". Over time, Mobil became the company's primary identity, which prompted a renaming in 1955 to the "Socony Mobil Oil Company", and then in 1966 to the "Mobil Oil Corporation". Mobil credits itself with being the first company to introduce Pay at the pump, paying at the pump at its gas stations, the first company to pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
