A ministry of petroleum or ministry of oil is a kind of government ministry often found in countries that are producers and exporters of petroleum.
Examples include:
Nigerian National Petroleum Corporation (NNPC) is a for profit oil company in Nigeria. Formerly a government-owned corporation, it was transformed from a corporation to a limited liability company in July 2022. NNPC Limited is the only entity licensed to operate in the country's petroleum industry. It partners with foreign oil companies to exploit Nigeria's fossil fuel resources.
The first independent Ministry of Petroleum was established in March 1973, to manage the political role of petroleum resources before the war of 1973. In view of the strategic significance of the Ministry's existence as a political body that sets the general petroleum strategies on new bases to go in line with the requirements of the country at this stage. On top of its priority list, is to provide the local market needs of petroleum products, petrochemicals and mineral resources, and to contribute to achieving the targeted growth rates of the national economy.
The Ministry of Energy is a Cabinet-level agency of the government of the Canadian province of Alberta responsible for coordinating policy relating to the development of mineral and energy resources. It is also responsible for assessing and collecting non-renewable resource (NRR) royalties, freehold mineral taxes, rentals, and bonuses. The Alberta Petroleum Marketing Commission, which is fully integrated with the Department of Energy within the ministry, and fully funded by the Crown, accepts delivery of the Crown's royalty share of conventional crude oil and sells it at the current market value. The current ministry was formed in 1986, but ministries with other names dealing with energy resources go back to the Ministry of Lands and Mines in 1930.
The Sudan National Petroleum Corporation, also known as Sudapet, is a state-owned oil company based in Sudan. It was founded in 1997 and is 100% owned by the Ministry for Energy and Mining.
Subsea technology involves fully submerged ocean equipment, operations, or applications, especially when some distance offshore, in deep ocean waters, or on the seabed. The term subsea is frequently used in connection with oceanography, marine or ocean engineering, ocean exploration, remotely operated vehicle (ROVs) autonomous underwater vehicles (AUVs), submarine communications or power cables, seafloor mineral mining, oil and gas, and offshore wind power.
The Ogaden Basin is an area of Huwan that may hold significant reserves of crude oil and natural gas. The basin covers an area of some 350,000 square kilometres and is formed from sedimentary rocks up to 10,000 meters thick. It has geological similarities to other hydrocarbon-rich basins in the Middle East.
Despite abundant natural resources and a relatively small population, New Zealand is a net importer of energy, in the form of petroleum products. The ratio of non-renewable and renewable energy sources was fairly consistent from 1975 to 2008, with about 70 per cent of primary energy supply coming from hydrocarbon fuels. This ratio decreased to about 60 per cent in 2018. The proportion of non-renewable energy varies annually, depending on water flows into hydro-electricity lakes and demand for energy. In 2018, approximately 60% of primary energy was from non-renewable hydrocarbon fuels and 40% was from renewable sources. In 2007 energy consumption per capita was 120 gigajoules. Per capita energy consumption had increased 8 per cent since 1998. New Zealand uses more energy per capita than 17 of 30 OECD countries. New Zealand is one of 13 OECD countries that does not operate nuclear power stations.
Mining in Afghanistan was controlled by the Ministry of Mines and Petroleum, prior to the August 15th takeover by the Taliban. It is headquartered in Kabul with regional offices in other parts of the country. Afghanistan has over 1,400 mineral fields, containing barite, chromite, coal, copper, gold, iron ore, lead, natural gas, petroleum, precious and semi-precious stones, salt, sulfur, lithium, talc, and zinc, among many other minerals. Gemstones include high-quality emeralds, lapis lazuli, red garnet and ruby. According to a joint study by The Pentagon and the United States Geological Survey, Afghanistan has an estimated US$1 trillion of untapped minerals.
In 2006, Cambodia's mineral resources remained, to a large extent, unexplored. Between 2003 and 2006, however, foreign investors from Australia, China, South Korea, Thailand, and the United States began to express their interest in Cambodia's potential for offshore oil and gas as well as such land-based metallic minerals as bauxite, copper, gold, and iron ore, and such industrial minerals as gemstones and limestone.
The Ministry of Energy and Mineral Development, also Ministry of Energy, Oil and Mineral Development is one of the governmental bodies of Uganda. The ministry has the function of developing and implementing policies related to electricity, minerals, petroleum and petroleum products. The ministry is part of the national cabinet and is headed by a cabinet minister. The current Cabinet Minister of Energy is [Hon. Ruth Ssentamu Nankabirwa].
Offshore oil and gas in the United States provides a large portion of the nation’s oil and gas supply. Large oil and gas reservoirs are found under the sea offshore from Louisiana, Texas, California, and Alaska. Environmental concerns have prevented or restricted offshore drilling in some areas, and the issue has been hotly debated at the local and national levels.
A ministry of energy or department of energy is a government department in some countries that typically oversees the production of fuel and electricity; in the United States, however, it manages nuclear weapons development and conducts energy-related research and development. The person in charge of such a department is usually known as a minister of energy or minister for energy.
The Ministry of Energy and Minerals (MEM) is the governmental body in the Sultanate of Oman responsible for developing and implementing the government policy for exploiting the oil and gas resources in Oman.
The petroleum fiscal regime of a country is a set of laws, regulations and agreements which governs the economical benefits derived from petroleum exploration and production. The regime regulates transactions between the political entity and the legal entities involved. A commercial or legal entity in this context is commonly an oil company, and two or more companies may establish partnerships to share economic risks and investment capital.
The Ministry of Energy is a government ministry in Saudi Arabia and part of the cabinet. It is responsible for developing and implementing policies concerning petroleum and related products. The Ministry of Energy is working to diversify the national energy mix used in electricity production, increasing the share of natural gas and renewable energy sources to approximately 50% by 2030 while reducing the use of liquid fuel.
The Ministry of Oil and Gas of the Republic of Kazakhstan was one of the governmental bodies of Kazakhstan and part of the cabinet. The ministry had the function of developing and implementing policies related to petroleum and petroleum products.
The Ministry of Petroleum and Natural Resources Divisionوزارت پیٹرولیم و قدرتی وسائل, wazarat-e- petroleum o qudrati wasail is a Pakistan Government's federal and executive level ministry responsible to ensure availability and security of sustainable supply of oil and gas for economic development and strategic requirements of Pakistan and to coordinate development of natural resources of energy and minerals.
South Sudan is one of the African countries known as an important oil producer, whereas, South Sudan also has mineral resources like copper, gold, diamonds, limestone among others. Government is promoting investment particularly in exploration and also developing the mining projects in South Sudan.
The petroleum industry in Syria forms a major part of the economy of Syria. According to the International Monetary Fund, before the Syrian Civil War, oil sales for 2010 were projected to generate $3.2 billion for the Syrian government and accounted for 25.1% of the state's revenue.
The Ministry of Power, Energy and Mineral Resources or Ministry of Energy is a ministry of the Government of Bangladesh. It is mainly responsible for all policies and matters relating to electricity generation, transmission, and distribution from conventional and non-conventional energy sources including hydro electricity. It also deals with the Import, Distribution, Exploration, Extraction, Pricing, and other policy related details of the primary fuels.