Petroleum

ISU topic summary petroleum

CHEMISTRY ISU: REFINEMENT OF CRUDE OIL My ISU will focus on Petroleum, a complex mixture of hydrocarbons that occurs in the Earth in liquid, gaseous, or solid forms. The term is usually restricted to the liquid form, commonly called crude oil, but as a technical term it also includes natural gas and the viscous or […]

British Petroleum Decision Process Organization

Baden-fuller (13) asserts that BP is one of the largest gas and Oil Company and is situated in the city of London in the United Kingdom. Measured by the amount of revenue produced by this company, it is ranked as the 4th largest company all over the world. The company has its operations in more […]

Petroleum Report

In its crude state, petroleum is a virtually useless material. However when refined, the hydrocarbons it contains supply almost half the world’s current energy needs and are the starting chemicals from which about 90% of the worlds organic chemicals are made. Fractional distillation is the process by which the different fractions in crude petroleum are […]

Energy Debate

The use and costs of energy in the United States has been a debate that has been going on for many years and will only continue to go on for more. People believe that decreasing dependency on oil and using alternative sources will be a solution to the many problems we face. The costs are […]

History of Chevron

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 […]

Principles of Economics

Over the past few weeks we have discussed many different issues within the United States and across the nation. Many things that we use are items that we mostly need on a day-to-day basis. The price of gasoline is a demand that we need and with the price of gas continuing to climb, most Americans […]

Financial Analysis of Gail Ltd

Financial analysis is defined as the process of discovering economic facts about an enterprise of a project on the basis of an interpretation of financial data. It also seeks to look at the capital cost, operations cost and operating revenue. It is vital for assessing the performance of the company and hence provides valuable information […]

Oil Companies

The importance of oil has not stopped growing since its first industrial applications in the mid-nineteenth century, and its demand is increasing rapidly. Oil accounts for a large percentage of the world’s energy consumption, ranging from 32% for Europe and Asia, and 53% for the Middle East. The world consumes 30 billion barrels of oil […]

Oil production

1. Oil production in the United States satisfies only half of the country’s needs; the rest is imported. If imports were cut off, what changes would you expect to occur in your lifestyle? If the imports were cut in half or just cut down, the gas prices will go up dramatically. People will be stockpiling […]

Case studies in the Oil and Gas industry

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 […]

Kuwait petroleum

Oil production industry is very eminent in the Middle East region and as a result there are a lot of companies venturing in to the business, basically national oil companies. Kuwait petroleum and its branches are among the top ten companies that deal in Oil energy all over the planet. The company is involved in […]

Gulf of Mexico Oil Spill – British petroleum and the United States government

The British Petroleum’s Deepwater Horizon oil spill is the worst ecological disaster ever to hit the United States of America. The discharge of oil has spread rapidly and resulted in lack of oxygen for the fisheries. Marine life has been thrown in to catastrophic disarray. Tony Hayward, chief executive of British Petroleum, however, disagrees. He […]

Disadvantages of Alternate Fuels

The truth about the manufacturing and use of alternate fuels, as with everything else in life, is a mix of benefits and cost. Electricity is one of the alternate fuels that made it to production. The Chevy Volt is one such vehicle. The problem with this car is that it cost $41,000 to buy one, […]

Oil Drilling

“In 1985, only 25 percent of the oil we used was imported while 75 percent was produced domestically. Today, those numbers have flipped as we import nearly 70 percent of our consumption needs” (Gossett). “Yet a recent Congressional study concluded there are 68 million acres of federal land already under lease to oil companies – […]

BP Oil Explosion in the Gulf of Mexico

On April 22 2010, the World faced one of its worst oil spill disasters in the history of marine petroleum exploration. A deadly oil well blowout at Macondo Prospect, about 41 miles off the southeast coast of Louisiana, spewed huge quantities of oil for 87 long days causing major environmental and economic troubles to the […]

Great Lakes: Great Decisions

Perform an analysis of the Social/Demographic, Technological, Economic, Environmental/Geographic, and Political /Legal/Government segments to understand the general environment facing Great Lakes. Describe how Great Lakes will be affected by each of these external factors. Social/Demographic Segments – The primary consumers of the products produced by Great Lakes—especially lead additives—hail from developing countries. And while the […]

Common Process Units Found in a Refinery Summarised

• Desalter unit washes out salt from the crude oil before it enters the atmospheric distillation unit. • Atmospheric distillation unit distills crude oil into fractions. See Continuous distillation. • Vacuum distillation unit further distills residual bottoms after atmospheric distillation. • Naphtha hydrotreater unit uses hydrogen to desulfurize naphtha from atmospheric distillation. Must hydrotreat the […]

Role of Youth in Promoting Oil Conservation

Oil and natural gas are non-renewable sources of energy. There have been numerous attempts to minimize the danger of depletion of these two resources. Scientists have proposed many reasons for importance of their conservation and its convenient practical methods. Oil and natural gas conservation involvesthe use of these resources in a better and well-organized manner […]

Impact of Fossil Fuels on the Environment

What are fossil fuels? Fossil fuels are formed by a natural decomposition process of dead organisms. These fuels range from fuels like methane and oil to solid materials such as coal. In 2007 the Energy Information Administration stated that the United States primary sources of energy consisted of 36% petroleum, 27 % coal, and 23% […]

Ptt Public Company Limited Competitive Position

PTT is currently ranked No. 95 among the world’s largest 500 companies (based on the 2011 performance), up from No. 128th in 2011, with sale revenues of 2,428,165 million Baht, or a jump by 529,483 million Baht or 27. 9 percent from 2010. Furthermore, PTT, having successfully been assessed by the SAM Corporate Sustainability Assessment […]

Prabhar Oil Company, and Distribution Challenges in the Indian Lubricants Industry

A leading multination oil giant Izo is planning to increase its market foothold in India, but is facing several challenges on the way to catch up with its competitors. Its rivals include public sector undertakings (PSUs) such as IOC, HPCL and BPCL which enjoy well-established brand presence, and distribution network in India’s near-stagnant automotive lubricants […]

Keystone XL Pipeline

A proposed oil pipeline project will have the capacity to transport thounsands of barrels of crude oil to refineries in Oklahoma, Illinois, and the Gulf Coast of Texas. The Keystone XL is a 1,711-mile pipeline delivering Canadian crude oil to United States oil markets. This project is a response to the market demand for heavy […]

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