UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 7 Issue 10
October-2020
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2010446


Registration ID:
302956

Page Number

3431-3436

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Title

Effect Of Covid-19 In Oilfield Sector In Southern Region Of Africa.

Abstract

The Coronavirus outbreak has disrupted the global industries in every sector. The immediate changes are also affecting the sectors immensely and affecting the global economy. Disruption of the economy can no longer be ignored as the breakdown is leading to a degradation in the lifestyle of people. The effect of the pandemic is seen in every sector across the world. The oil industry is experiencing major drawbacks as the pandemic prolongs. The industry is not only having a decline in the demand of fuel but also other energy resources. The fall in the oil prices which were reported in the year 2020 adds more to the difficulties faced by the petroleum sector. The oilfield sector in the southern part of Africa is much weakened with almost a total shutdown of all means of transport and the dependence at more than 98% on the importation of petroleum products. Also, the historic agreement to cut global oil production has implemented pressure on a global level. Like all the other continents, the whole of Africa and the southern region of Africa in particular (South Africa, Angola, Comoros, Botswana, Eswatini, Lesotho, Madagascar, Malawi) is suffering the roundups of this pandemic in the oilfield sector. The current article illustrates the effect of COVID-19 in oilfield sector in Southern region of Africa.

Key Words

Covid-19, oilfield sector, Southern region of Africa, economy

Cite This Article

"Effect Of Covid-19 In Oilfield Sector In Southern Region Of Africa.", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.7, Issue 10, page no.3431-3436, October-2020, Available :http://www.jetir.org/papers/JETIR2010446.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Effect Of Covid-19 In Oilfield Sector In Southern Region Of Africa.", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.7, Issue 10, page no. pp3431-3436, October-2020, Available at : http://www.jetir.org/papers/JETIR2010446.pdf

Publication Details

Published Paper ID: JETIR2010446
Registration ID: 302956
Published In: Volume 7 | Issue 10 | Year October-2020
DOI (Digital Object Identifier):
Page No: 3431-3436
Country: VADODARA, GUJARAT, India .
Area: Other
ISSN Number: 2349-5162
Publisher: IJ Publication


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