அப்ஸ்ட்ரீம் பெட்ரோலியம் வளங்கள் வளர்ச்சி ர சி து News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Views: Visits 2 The Upstream Petroleum Resources Development Bill calls for the state to take a 20% stake in exploration and production ventures, and proposes the creation of a new state-owned enterprise (SOE), the State Petroleum Company. Given South Africa’s track record on SOEs, what could go wrong? The Upstream Petroleum Resources Development Bill was approved last week by Cabinet and it is not clear when it will be tabled in Parliament. It comes in the wake of gas finds off South Africa by France’s Total and against the backdrop of a rise in risk aversion among big oil and gas producers faced with a global drive towards renewable energy sources, last year’s price collapse and violent flare-ups such as the jihadist attacks in northern Mozambique.

South africaPetroleum companyPetroleum resources developmentUpstream petroleum resources development billState petroleumGiven south africaபெட்ரோலியம் நிறுவனம்பெட்ரோலியம் வளங்கள் வளர்ச்சிஅப்ஸ்ட்ரீம் பெட்ரோலியம் வளங்கள் வளர்ச்சி ர சி துநிலை பெட்ரோலியம்