If oil prices decline in the future, the oil industry will suffer severely.

American, British, and French oil companies enjoyed a virtual monopoly of Nigeria s oil industry.

Safflower oil, until the 1960s used in the paint industry, now mostly as a cooking oil.

Mossadegh s sin was his plan to nationalize Iran s oil industry.

This is an extraordinarily high dividend in the world oil industry.

The date is considered the starting point of modern oil industry.

The entire Iranian oil industry came to a virtual standstill, oil production dropping from in 1950 to in 1952.

In early April 1951, the party organized nationwide strikes and riots in protest against delays in nationalizing the oil industry and against low wages and bad housing in the oil industry.

Shell and BP are being expelled from the oil industry at the very moment that Russian oil production is declining dramatically.

Assets in the oil industry, on the other hand, were divided among several companies.

OXFORD Throughout the history of the oil industry, fear and concern about the imminent exhaustion of oil reserves has been a recurring theme.

He became enormously popular in Iran after he nationalized Iran's petroleum industry and oil reserves.

French students have parents in Houston working in the oil industry and other professional industries.

Capacity Building in Palm Oil Industry, Livestock Breeding and Animal Faltering Technology in Sierra Leone.

Under even the best circumstances for Iraq, with oil prices remaining high, the funds available to maintain and modernize the oil industry are limited.

The US economy has been taken over by billionaires, the oil industry, and other key sectors.

Commenting on an article entitled 'Youth Angry Over Elusive Jobs In Oil Industry', Christiane Badgley writes

After the collapse of the pearling industry, most divers switched to the newly founded oil sector.

Rather than focusing on the major short and long term challenges facing the oil industry, the debate about peak oil diverts attention to the wrong problems.

Many major companies, including in the oil industry, have expressed their readiness to support sustainable development goals.

At the same time, the logic of renewed American support for the Iraqi oil industry remains powerful.

Industry The country has potential for the industry in a variety of sectors, including domestic production of raw materials and manufactured textiles, mining, chemical, petrochemical, and oil refinement.

Two other factors that made Morales s rise possible were the revival of Bolivia s oil industry and the creation of mechanisms for distributing the income that oil produces.

His close connections with the oil industry make him loathe to force it to pay for its pollution.

Since 2003, crude oil has become the country's primary source of export earnings, superseding the traditional cotton industry.

In the long run, however, statistical analysis of various oil industry variables indicates that a weaker dollar affects supply by reducing production, regardless of whether oil is owned and produced by national or international oil companies.

Despite many past promises of a cleanup, Ogoniland remains in environmental agony, impoverished and sickened by the oil industry.

Security problems were currently hampering the rehabilitation of the oil industry, which provided 90 per cent of Government revenue.

Finally, high oil prices in the past 12 months provided an unexpectedly large windfall to the Iraqi budget, allowing for the financing of other sectors without slighting the oil industry.

A massive stimulus package, prompted by the 1970 s rise in oil prices, gave rise to an entirely new industry.

President Ahmadinejad changed almost all of his economic ministers, including oil, industry and economy, since coming to power in 2005.

During that same time, government revenues continued to be largely dependent on the oil industry and increased by only 4 .

The coup was organized because of Iranian nationalization of the oil industry and fears of Iran joining the Soviet camp.

An example is the company of John D. Rockefeller, who was an important figure in shaping the new oil industry.

The oil shale based mining industry, which is also concentrated in East Estonia, produces around 90 of the entire country's electricity.

Its main sources of income are oil, industrial exports, manufactured goods, electronics, heavy industry, automobiles, construction, food, banking and financial services.

The oil industry significantly impacts the entire region, both through the wealth that it generates and through the movement of labor.

Indeed, Turkey lacks its neighbors oil and gas resources, but it compensates for this with the competitiveness of its industry and services.

Obasanjo is anxious to thwart the region s growing armed insurgency, which is driven by widespread poverty and oil industry related ecological damage.

His government's most notable policy, however, was the nationalization of the Iranian oil industry, which had been under British control since 1913 through the Anglo Persian Oil Company (APOC ) (later British Petroleum and BP).

In the 1980 s and 1990 s, large swaths of American industry especially the domestic oil industry faced this problem, described by the economist Michael Jensen as the managerial challenge of handling free cash flow well.

His hostility to foreign players in the industry (he expropriated several American oil companies holdings in 2007) limited investment and held back production.

Granting Iraq the money to restore its oil industry was one of the best post war decisions that the Bush administration has made.

The islands, claimed by China, Taiwan, Vietnam, the Philippines, Malaysia, and Brunei, are valuable because of their oil reserves and commercial fishing industry.

Collusion in the oil industry has been suspected in many developing countries, but lack of evidence to prosecute has been a common scenario.