Word: orinoco
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...natural gas have been found in the Baltimore Canyon off the U.S.'s East Coast. Oil companies have also been exploring what are thought to be big deposits along China's coast. And in Venezuela, development is continuing in the area known as the Orinoco Oil Belt, although the oil is thick and heavy. New exploration is also under way in the Arctic, Argentina, Brazil and the Sudan. In Asia, Malaysia and India may soon join Indonesia as sizable oil producers...
...current proven reserves. That is also well above the Rand Corp.'s estimate, which puts the reserves within a range of 1,700 billion bbl. to 2,300 billion bbl. Odell argues that the size of some known fields has been greatly underrated, notably the North Sea and Orinoco Oil Belt, whose resources he believes are even "greater than those of Saudi Arabia...
Fuel Source. Pérez is keenly interested in a U.S. oil-extraction process that could allow Venezuela's big Orinoco tar pools to be developed as a fuel source. The problem is that Caracas nationalized the petroleum industry 18 months ago and now many firms are wary of risking more capital in Venezuela with its new, highly nationalistic investment rules. As for the question of preferential tariff treatment for Venezuela, eliminated by Congress for all OPEC members after the 1973 oil embargo. Carter promised to do all he could to get Congress to rectify the punitive measure...
FROM THE BEGINNING, the meeting of Europe and America was colored by illusions. Columbus retreated from the Orinoco delta because he thought he had found the Earthly Paradise; Coronado chased across the deserts in search of seven golden cities; Ponce de Leon died in pursuit of the Fountain of Youth. The Indians were just as perplexed, believing at first that the conquistadors on horseback were centaurs, and later that these red-bearded, pale-skinned men were gods returning to fulfill an apocalyptic prophecy...
...more than 26 million metric tons of ore, almost all for export. Venezuela's grand plan is to use much of its oil income to build a huge steel industry that will exploit its iron ore and great sources of hydroelectric power. Deep in the backlands on the Orinoco River, more than 200,000 people have already clustered in the government run, iron-and-steel community of Ciudad Guayana, where international businessmen come to swing deals, dine on fine French food and gaze upon spectacular waterfalls. Pérez aims to raise steel output from last year...