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High Quality Content by WIKIPEDIA articles! Yenangyaung (Burmese; literally "stream of oil") is a city in Magway Division, Myanmar, on the Irrawaddy River. For centuries, the dominant industry in the area has been petroleum. It began as an indigenous oil industry, with hand-dug wells, and from 1755 onwards, early British soldier-diplomats began to note its existence. In 1795, Major Michael Symes described the indigenous industry as "the celebrated wells of Petroleum". The following year, when Captain Hiram Cox, the East India Company Resident in Rangoon, visited Yenangyaung, he recorded there…mehr

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High Quality Content by WIKIPEDIA articles! Yenangyaung (Burmese; literally "stream of oil") is a city in Magway Division, Myanmar, on the Irrawaddy River. For centuries, the dominant industry in the area has been petroleum. It began as an indigenous oil industry, with hand-dug wells, and from 1755 onwards, early British soldier-diplomats began to note its existence. In 1795, Major Michael Symes described the indigenous industry as "the celebrated wells of Petroleum". The following year, when Captain Hiram Cox, the East India Company Resident in Rangoon, visited Yenangyaung, he recorded there were "520 wells registered by government". The oil fields at Twingon and Beme, close to Yenangyaung, were in the hands of a hereditary corporation of 24 families, each headed by a twinzayo. In turn, these yo-ya families were headed by 18 males and 6 women twinzayos, and the inheritance descended from male to male, and from female to female.