Achnacarry Agreement – In 1928, the oil industry faced a lot of problems including overcapacity and falling prices. Chief executives of major companies gathered in Achnacarry to reach the ‘Pool Association’ agreement. It was meant to ensure efficient construction of facilities, balance demand and supply and to share production amongst them.
![]()
Argentine president Néstor Kirchner and Venezuelan President Hugo Chávez discuss the Gran Gasoducto del Sur an energy and trade integration project for South America. They met on November 21, 2005 in Venezuela. Photo credit: Wikipedia
|
| Argentine president Néstor Kirchner and Venezuelan President Hugo Chávez discuss the Gran Gasoducto del Sur an energy and trade integration project for South America. They met on November 21, 2005 in Venezuela. Photo credit: Wikipedia |
No comments:
Post a Comment