Vetalian Petroleum

From NSwiki, the NationStates encyclopedia.
Revision as of 18:50, 16 July 2006 by 65.43.237.84 (Talk)

Jump to: navigation, search
Vetalian Petroleum
Logo URL
Headquarters: Talere
Nationality: Vetalia
Specialty: Energy Supplies
Storefront: [URL Forum Name]


Introduction

Vetalian Petroleum is the largest publically-traded energy producer(VCSE Ticker: VPC)in Vetalia with a market capitalization of over Ş403 billion Solaris as of 233. Its 107,000 employees are divided in to five main sectors: R&D, Deuterium/Hydrogen, Fusion Equipment, VP Finance, and Telere-Fedol Chemicals. The name "Vetalian Petroleum" is something of a misnomer given that Vetalia's oil production peaked in 108 VE and was fully exausted by 132 VE; the company retained the name for historical reasons rather than any actual ties to the petroleum industry.


History

Vetalian Petroleum was founded in 23 by a group of petroleum engineers during an oil boom following the conquest of the oil-rich region of Telere in the Expansion War of 11-13. The firm recieved Ş30 million in venture capital and accquired exploration rights to a region in the north of Telere for Ş5.3 million. Initial exploration found about 3 million barrels