Royal Caven Petroleum: Difference between revisions
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By 1983 Royal Caven Petroleum decided to diversify by purchasing Island Energy Group that was known for its renewable energy activities and direct to consumer business in Peregrinia, East Gemica Island and Iseul under its REnergy brand.
In 2017, following the annexation of the [[Kohatu Isles]] by [[the Oan Isles]] in the aftermath of the [[Kohatu War]], the Oan Petroleum Corporation (Oan Oil) entered into a joint venture for the exploration and exploitation of the natural gas and petroleum resources located in the Greater Gemica Natural Gas and Oil Reef which spanned the Territorial waters of the Kohatu Isles and East Gemica (Peregrinia) called Greater Gemica Oil and Gas Plc. The half of Greater Gemica Oil and Gas Plc owned by the [[Politics of the Oan Isles|Oan government]] through Oan Oil was transferred to the Kohatu Sovereign Wealth Fund in 2020, leaving Royal Caven Petroleum as the remaining shareholder. Royal Caven Petroleum was enlisted as a partner to develop the natural resources of the reef due to its experience, expertise and capital. Its share is through its contribution of the physical and human capital while Oan Oil paid through a financial capital injection.
[[File:Royalbrands.png|framed|Royal Caven Petroleum Family of Brands]]
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