Sentence examples for petroleum act from inspiring English sources

Nigerian law, as prescribed under the Petroleum Act, outlines the processes and procedures for an oil mining license renewal in the country.

Kabwe is concerned about "the lack of institutions to curb corruption", and a petroleum act recently rushed through parliament after opposition members were suspended.

The new legislation, including a final Petroleum Act and a draft Petroleum Revenue Management Bill, contains strong public reporting, contract allocation, and revenue management requirements.

The new Iran Refined Petroleum Sanctions Act and the Comprehensive Iran Sanctions, Accountability and Divestment Act by the U.S. House and Senate, respectively, will have limited impact on the real troublemakers in Iran as well.

Some of the co-sponsors say the Senate bill, the Iran Refined Petroleum Sanctions Act, is a more prudent way to deal with Iran's nuclear program than authorizing the president to use military means if necessary, as the Senate did for President George W. Bush when he was confronting Saddam Hussein.

The Iran Refined Petroleum Sanctions Act, which would expand existing US restrictions to companies that sell and insure refined oil shipments to Iran, passed the House of Representatives with ease by 412 votes to 12.... "The only sanctions that matter are the gasoline sanctions... " Mark Kirk, a Republican member of the House of Representatives, told the Financial Times...

The application of sequence stratigraphic framework acts as a basic guide to facies analysis, and one of the key essences of such analysis is to identify porous facies that may act as petroleum reservoirs.

The new ministers of finance, planning, investment and petroleum will need to act swiftly and decisively to stave off an economic crisis and articulate a coherent, implementable strategy to revive the stagnating economy.

Last month, London-based twolow Oil signed two $2.9 billion production sharing agreements with the Museveni government, despite the fact that Uganda's parliament had concluded that there should be a complete moratorium on oil-related activity until new laws were put in place (Uganda's Petroleum Exploration and Production Act dates from 1985).

The act creates a petroleum fund where oil revenues will be saved.

Evidence of lower American inventories came after the leader of the Organization of the Petroleum Exporting Countries said exporters should act swiftly to remove a global supply glut.