Petroleum production

scarce throughout the world. Due to the heavy reliance on petroleum-based oil in the United States, the conversion from petroleum-based economies to bioenergy sustained economies is of utmost importance. In the United States, corn is considered to be a cheap energy crop and is widely cultivated for ethanol production. In contrast to corn, switchgrass is an easily cultivated plant that can be used for lignocellulosic biomass and ethanol production. Switchgrass (Panicum virgatum L.) is a…

British Petroleum William Knox founded British Petroleum in May 1908, as Anglo-Persian Oil Company. The Shah of Iran gave Mr. Knox permission to drill for Iran´s oil. In 1909 the Anglo-Persian Oil Company (APOC) was incorporated and shares were sold to the public. The first chairman was Lord Stratchona, he also owned a minority shareholder. BP is a public limited company, their ownership is spread among the general public in many shares of stock, and these stocks are freely traded on a stock…

of corn, which would use up to a vast variety of land for the production. Based on our analysis, it would take about 4.9 trillion lbs. of corn to produce enough corn to convert all the gasoline in the United States to e85 which takes up 188,700,000 hectares of land, or approximately ten more states the size of Illinois. However, we can see that the current amount of ethanol that we used is not efficient. The production of ethanol directly benefits the agricultural lands that leads to the…

This is what allows areas, such as The Gulf of Mexico, important regions towards the production of oil. Another important fact from the article is the explanation of how The Middle East has such a high amount of oil reserves. The article describes how millions of years ago The Middle East was in fact covered by an ocean and this is what leads…

A country’s level of stability must be judged based on many different factors. In fact, it is easier to define the stability of those individual factors, than it is to judge them as a collected whole. In American popular culture, we generally tend to think of the Middle East an area of the world that is full of instability. If one were to look at all of the civil unrest they would come to that conclusion. The Middle East is much more than that, however. The civil unrest is just the top layer of…

resource. Chevrons Gorgan project alone is 37 TCF of resource discarded in the greater Gorgan Area. A total of 54 billion USD investment with 15.6 MTPA LNG facility and domestic gas plant. Plant start up and first gas mi-2015 expected. Having a net production of approximately 213 MBOED including 9,500 barrels per day. The Gorgan project is showing progress 893% complete with 6,800 people on site and all 21 LNG and 1 modulus delivered. However Gorgan isn’t the only project for investors to invest…

years. Cotton, being the oldest crops has cultivated the cotton industry. Cotton production has a played a major role Texas farmers. Among another contribution to the economy is the Ranching production. This is something that significantly has been important in Texas, will remain important and continue to grow. Most Latinos since the 19th century immigrated to Texas to work in the emerging cotton, farming production for a better opportunity. Since the 19th century the Latino population…

October 22, 2015. The Bureau of Land Management announced on Thursday it has approved a drilling permit that could set the stage for the first oil production on federal land in the nation’s largest reserve. The Bureau also said it has granted right-of-way access for the ConocoPhillips’ Greater Moose’s Tooth 1 project in the Indiana-sized National Petroleum Reserve-Alaska. “It’s good news. We’re pleased they issued the permit and the right-of-way and now we’re seeking a funding decision,” said…

until the mid to late 1800s that oil production began here in the United States. Different products like kerosene, gasoline, and diesel were being produced thanks to a fracturing process to refine crude oils was discovered. These products were able to be produced and marketed for different purposes, which, in turn, made profits go up. A combustion engine was also being put to use that required gasoline, which once again increased profits, and demand for petroleum products. John D. Rockefeller…

spend billions annually on energy security. A lot of that money goes into securing world oil chokepoints, to guarantee the continuous flow of oil into global markets. Global oil transit chokepoints are critical areas along the sea movement of petroleum in terms of the global energy security. Geographically, chokepoints are narrow channels that divide to…