Essays On Petroleum

The Palm Tree Islands in Dubai have played a key role in boosting the tourism sector, thereby contributing to economic growth and stability. Dubai’s expertise in creating appealing tourist destinations has established it as a top travel destination. With a target of welcoming fifteen million visitors by 2010, Dubai has already gained popularity through iconic […]

Introduction This strategic paper is offered as an opportunity for Reliance Industries to move forward into a new “chapter” for this illustrious and prestigious company. A chapter that if successful, as planned, will ensure that not only Reliance Industries position as India’s premier company will be enhanced, but also thrust the company onto the Global […]

The JetBlue SWOT Analysis evaluates various aspects of the company. Its strengths include low operating costs, a strong brand, and a committed workforce. The company’s cost per available seat mile is lower than competitors (excluding fuel costs). The brand name is widely recognized, and the company focuses on hiring and retaining individuals who share their […]

The United States is a leading producer of refined petroleum and a major player in the global decision regarding this industry.Our country is beset by a shrinking supply or decline in production, pressures of environmental concerns, yet increase in demand. These problems are not unique to our country. Globally, we are dealing with a resource […]

IMF and its role in International Political Economy is not a new word for us because of the close relationships between politics and the economy. The development in politics is due to the development in society and the development in society is mostly driven by the economy. The parallel existence and mutual interaction of ‘state’ […]

Company Overview Chevron, originally known as Pacific Coast Oil Co., was founded in Pico Canyon, Los Angeles in 1879. It later changed its name to Standard Oil Company of California and eventually became Chevron after acquiring Gulf Oil Corporation in 1984. This merger, considered the biggest in US history back then, greatly augmented Chevron’s oil […]

Over the past six decades or so, crude oil -? because of the products derived from it, as become highly indispensable in our everyday lives. Despite being a non- renewable resource, it is still used extensively in power generation. It can be argued that industrialization owes its development to crude oil. Even though efforts are […]

Back in 1985, it was stated by Gossett that the US produced 75% of its oil and imported only a quarter. However, current data suggests that imports now constitute around 70% of consumption requirements. Moore highlights a Congressional study which reveals that oil corporations have leased federal land measuring 68 million acres but are not […]

Piper Alpha was a North Sea oil production platform operated by Occidental Petroleum (Caledonia) Ltd. The platform began production in 1976, first as an oil platform and then later converted to gas production. An explosion and resulting fire destroyed it on July 6, 1988, killing 167 men, with only 59 survivors. The death toll includes […]

The first predecessor of Chevron was named California Star Oil Works. It took aim at Pico Canyon, a remote portion of the rugged Santa Susana Mountains in San Joaquin County. In September 1876, driller Alex Mentry succeeded in striking oil in Pico No. 4, despite rattlesnakes, wasps, mud and underbrush. Pico No. 4 was the […]

In March of 1989 one of the worst environmental disasters took place in Alaska’s northeastern part of the Prince William Sound. The Exxon Valdez oll tanker collided into the Bligh Reef in Prince William Sound. “An eighteen foot wide hole was ripped Into the hull, spilling about 11 million gallons crude oil into the ocean” […]

The global economic downturn is currently affecting the Oil and Gas Economy, presenting a challenging situation for all industry investors and stakeholders. Overcoming this phenomenon requires tough decision-making and an effective innovation strategy at all management levels. Three effects of the global recession on the oil industry are a decline in worldwide energy demands, a […]

The influence of Standard Oil on society was extensive, as Rockefeller’s company owned 90 percent of the nation’s oil refineries and sought to dominate all aspects of oil production. This demonstrates the significant economic power of Standard Oil, which also impacts cultural and political spheres. Moreover, the company constructed facilities and employed a dedicated workforce. […]

With the collapse of the USSR, which marked the conclusion of the largest socio-economic experiment in recent history, Russia was poised for the most transformative changes it had ever experienced. Despite predictions of a teleological development path towards a Western-style market economy and liberal democracy throughout Russia, the reality has shown stark regional differences in […]

  The Scottish ice cream market will be researched thoroughly. The UK target market of Mackie’s will be analysed. Finally, a suitable country will be chosen to market the product to. The countries that will be selected from will be Saudi Arabia, Germany or Ireland. The UK ice cream market is estimated to be worth […]

The hugely important oil extraction and refinery industry of Louisiana traces it roots all the way back to the middle of the 16th century, when the Spanish expedition led by Hernando de Soto arrived in the area and stumbled upon oil seepage in areas now identified with Lafayette parish (University of Louisiana at Lafayette 2003). […]

Signing the decree to nationalize Bolivia’s gas sector was a predictable decision made by President Evo Morales last week. The announcement of Bolivia’s nationalization and the use of military troops to guard gas installations came as a surprising move, as it was a cornerstone of the winning campaign to remove two presidents and win the […]

The main topic of this Macroeconomics research paper is the disparity between the supply and demand of foreign oil. It analyzes the OPEC investigation and America’s dependence on foreign oil, as well as how this uneven distribution impacts the US economy. This paper investigates the expenses of crude oil, gasoline, and aviation gas. It also […]

Worley Parson had a successful 2006 financial year with income primarily coming from long-term contracts and partnerships. The company’s after-tax profit rose by 65%, EBIT increased by 66%, and average equity profit saw an increase of 28%. These results aligned with the management committee’s budget projections and anticipated profit streams. The financial year of 2006 […]

The diagram below represents the industrial fractional distillation of crude oil. (I) Identify fraction A. (ii) What property of the fractions allows them to be separated in the column? (2) (b) A gas oil fraction from the distillation of crude oil contains hydrocarbons in the CA to CA range. These hydrocarbons can be cracked by […]

In this paper, we will give a brief introduction to the different unconventional gas forms, such as tight gas, coal bed methane (CB), shale gas, and gas hydrates. The focus will be on shale gas, providing an overview and examining specific locations in the United States and Canada. The ERIC defines shale rock as a […]

The estimation of oil and gas reserves is a completely complex process which involves the integration of geological, geophysical, reservoir and production engineering data. In order to arrive at the most likely reserves, the reserves are estimated by using deterministic and probabilistic methods as there are various uncertainties that are involved in the estimating the […]