Introduction Petroleum has been a mainstay of the United State’s economy for almost a century. However‚ oil has now been recognized as a strong catalyst for global warming‚ it is becoming scarce and therefore‚ an expensive necessity to America’s economy. In the recent years many universities and scientists have looked for alternatives to oil in the form of renewable energies. These renewable energy sources would be cheaper in the long run‚ more efficient and environmentally clean. America
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A Study on the Liquefied Petroleum Gas in the Philippines In Partial Fulfillment and Requirement In Intermediate Microeconomics Eco03 Submitted to: Prof. Rulina Viloria Submitted by: Archeeno S. Diaz September 5‚ 2011 I. Background and Historical Account of the Industry A. the industry’s formation‚ personalities involved and significant events The World -1910 Under the direction of Dr. Walter Snelling‚ the U.S. Bureau of Mines investigated gasoline to see
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British Petroleum British Petroleum is a company‚ which focuses mainly on petroleum‚ but has some interest in alternative energy. It is one of the world largest oil and gas companies‚ which serves over 13 million consumers in more than 100 countries. The market of alternative energy is not as well developed‚ nor as profitable as oil‚ but it is a good future investment with the recently raising environmental concerns. BP recognized this on time and entered the solar market in the year of 1973.( History
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clarifying on the introduction of this research about the overview‚ aim‚ objective‚ problem statement‚ scope of study and also the method to conduct this research. 1.1 Overview Of The Title Petroleum depots and terminal is a portion of the assets‚ where flammable and combustible liquids like petroleum are transferred to tanker‚ pipelines‚ tank wagons‚ tank trucks and are stored or blended in bulk for the purpose of distribution by tankers‚ pipelines likely to be refined‚ blended or stored at
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your disposal‚ write a paper/report of not more than 2‚500 words (preferably typed) on the company where you work by assessing its structure‚ its economic importance to the Ghanaian economy as well as its problems and suggested solutions. Total Petroleum Ghana Limited ‚(TPGL)‚an oil marketing company ‚came into existence in November ‚2006 following the merger between Mobil Oil Ghana Limited and Total Ghana Limited .The strong historical heritage of the company dates as far back as 1964 when the subsidiary
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1. PETROLEUM TRAPS http://www.usoilandgas.net/findingoil.htm Hydrocarbons - crude oil and natural gas - are found in certain layers of rock that are usually buried deep beneath the surface of the earth. In order for a rock layer to qualify as a good source of hydrocarbons‚ it must meet several criteria. Characteristics of Reservoir Rock For one thing‚ good reservoir rocks (a reservoir is a formation that contains hydrocarbons) have porosity. Porosity is a measure of the openings in a rock‚ openings
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British Petroleum “BP” Oil Spill On April 20th 2010‚ British Petroleum better known as BP had an extremely destructive impact on the environment and the livelihood of those in Gulf Coast area of Louisiana‚ Mississippi and Florida. BP’s Deep-water Horizon oil rig was located offshore‚ 52 miles off the southeast coast of Venice‚ Louisiana. An explosion on the Deep-water Horizon oil rig caused a massive fire that claimed the lives of eleven BP workers. After 36 hours of burning‚ the Deep-water Horizon
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EMERGING NANOTECHNOLOGY APPLICATIONS IN PETROLEUM INDUSTRY Introduction Nanotech applications & Nanoparticles have been successfully used in drilling mud for the Last 40-50 years. Recently the other disciplines of the oil industry‚ such as exploration‚ primary and assisted production‚ monitoring‚ refining and distribution‚ are approaching nanotechnologies due to its immense Potential for Confronting challenges‚ performance improvement & cost. Especially in ultra-deep water and artic environments
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PETROLEUM INDUSTRY BILL (PIB) 2012 SUMMARY PETROLEUM INDUSTRY BILL In 2008 under the late President Umaru Yar’Adua‚ Nigeria began the arduous process of changing the institutional framework which governs the nation’s oil and gas industry. The delayed passage of the bill was followed by controversies surrounding the emergence of different versions of the document‚ Goodluck Jonathan‚ on assumption of office ordered a withdrawal of the bill to enable executive address contentious areas and ensure all
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Basic Statistics on Indian Petroleum & Natural Gas 2010-11 Ministry of Petroleum & Natural Gas Government of India New Delhi (Economic Division) Government of India Ministry of Petroleum and atural Gas Economic Division Preface The “Basic Statistics on Indian Petroleum & atural Gas‚ 2010-11” is the sixteenth in a series that was first released in 1996. It is a skeletal forerunner of the detailed annual Statistics Bulletin published regularly after the end of the financial year
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