selling of artifacts, oil sales, and taxation. In the northern territory of Iraq, that is primarily held by ISIS, the organization controls approximately 40% of Iraq’s wheat-production. This estimates approximately $200 - $300 million USD worth of revenue for the group if the crop is planted and harvested correctly. Further, this provides the group with food, necessary to contribute to the lives of their members, as well as provide services to the followers in the territories they control. Next, the black market of selling artifacts brings in roughly $200 million as well. Due to such incidents as the destruction of historic landmarks in the region, ISIS has found that taking artifacts from historic landmarks in the regions they control proves to be a valuable source of income. The group is able to move these artifacts and money around through its vast network, as well as through Turkey – much like with their oil sales. For the organizations oil sales, it is able to bring in somewhere from $500 million USD to $2 billion USD in oil sales. Although this was a major contributing factor to the financing of the group, it has been in decline since the US-led coalition against the group started the airstrikes against the organization. During these airstrikes, through analyzing the contributing factors to the group’s financial section, the US has been able to destroy multiple oil fields the group relied on. In 2007, it was reported that $1-$2 billion USD of oil products had been…
1.2.1 Refinery Processes It is impertinent to overlook at the refinery chemistry before describing the refinery processes. The chemistry is part of the refinery’s conversion section, which gets affected when the upgrading is considered. The conversion section purpose is to enhance the liquid fuels. There are two types of techniques under the section: a. Hydrogen addition technologies: Processes using this technology react hydrogen with the oil heavy products to enhance the H/C such that the…
1. Summarize the relevant facts of the case. Mario Echazabal began working in oil refineries for a Chevron contractor (Irwin Industries, Inc.) in 1972. He worked through various maintenance contractor as a laborer, helper, and pipefitter in a “coker unit”, which is a plant that burns a type of coal to make gasoline. Mario wanted to work directly for Chevron therefore he applied for a similar job in the coker unit in 1992. Chevron offered Mario the job on the condition that he pass a medical…
low-sulfur gasoline (Reformate Splitter Unit: RSU) released into the Hall burned continuously recycled as fuel in the production process, which started July 2015. (2) Utilizing Hydrocracking: Product Fractionatorsfors released by flare stack as fuel in the production process, which started June 2015. (3) Installing the flare stack mounted on the floor (Ground Flare Stack) will be available in 2020 to reduce pollution to the environment because the combustion efficiency is higher than the…
temperature that boils the ethanol yet does not boil the water. The Temperature at which the mixture began to boil was at 79 oC. This experiment shows how theoretically fractional distillation could work in an industrial setting. The fractions found in this experiment compared to industrial results in terms of percents since in the fuel industry some grades of ethanol are made of more water. Of which the ones with more water in terms of percent came from a later fraction. In an industrial…
Woodside energy is Australian oil and gas producer. The company was founded a year after Australia’s first oil discovery, 1953, in a place called Rough Range near Exmouth in Western Australia. Woodside energy was incorporated on 26 July as Woodside Oil Co NL. The company took the name from the small town called Woodside in Victoria. In 2014 Woodside celebrated the company’s 60th anniversary. In a relatively short period of time the company made huge successes in domestic gas production and…
distillation is mainly used for the distillation of light hydrocarbon compounds in used lubricants such as gasoline, diesels, solvents, and water in used lubricants. The water separated from used lubricant can be further treated and used for cooling the plant or discharged into surface water [CEPA, 1994]. Vacuum Distillation Vacuum distillation is commonly used for the distillation of hydrocarbon compounds that cannot be separated by atmospheric distillation. Those hydrocarbons usually have a…
development and production of crude oil/natural gas and associated hydrocarbons from the relevant field. It distributes title over the crude oil/natural gas and associated hydrocarbons between the government and each of the consortium members. The various clauses are being described below under various sub heads. 6.1.1 Rights granted by PSC The major rights vests by the PSC with the selected consortium include: The exclusive right to : a) Undertake, within the specified area, operations…
one of the largest non-nuclear explosions. Fire started on board the French-registered vessel SS Grandcamp her goods of roughly 2,300 tons of ammonium nitrate ignated, with the initial blast and with chain-reaction of further fires and explosions in other ships and nearby oil-storage facilities killing at least 581 people, including all but one member of the Texas City fire department. The disaster cause the first ever class action lawsuit against the United States government, under the…
built his first oil refinery near Cleveland, and by 1882 he had a near monopoly of the oil businesses in the U.S. but his practices led to the passing of antitrust laws.…