Petroleum

of the mantle rocks called “fracking”. As an economist, he could not quite tell if the benefits overcomes the environmental costs of the new technique. Since my father worked his entire life at Petrobras, Brazilian’s biggest petroleum company, I can only think that petroleum is essential for the economy and low prices probably mean something very good. After what I saw and heard from Sao Paulo, and all my biology classes, I could not help but think it has to be wrong. There has to be another way…

SAMIR Moroccan and Italian refining, started in 1959 as a limited company. Represented by the "Office of Studies and Industrial Portfolio" and "Italian petroleum board." It were the first crude oil distribution unit has a capacity of 1.25 million tons per year. The company becomes Moroccan entirely in 1973. In 1996 made its IPO in the Casablanca Stock Exchange. In 1997 privatization and transfer of 67.27% stake in Corral group. SAMIR Company has a 10 tons per year refining capacity. A storage…

October of 1973: Energy crisis begins. This specific energy crisis was actually an oil crisis when members of the Organization of Arab Petroleum Exporting Countries declared an oil embargo. The embargo was directed towards nations who were believed to support Israel during the Yom Kippur War. The importance of the oil embargo was that after it happened oil price remained high. Also, environmentalism gained huge attention during the time of the oil embargo. The oil embargo was eventually…

The Keystone XL: A Multi-layered Policy Issue The Keystone XL, a pipeline purposed by TransCanada Keystone Pipeline would carry Canadian crude oil to American refineries. “A new study by the consulting firm IHS found that most of the oil transported through the pipeline would be refined and consumed within the U.S” . The company primarily responsible for the project has made several major adjustments to its original plan to make it more conducive to the wishes of pipeline opponents. The…

Crude oil is becoming 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…

# Choosing the Right Motor Oil for Your Truck Motor oil is the lifeblood of any vehicle. and can even help prevent unnecessary and unexpected truck repair. Using the right motor oil will improve your vehicle's performance, fuel efficiency. But, without oil to grease and cool moving parts, keep them clean and help to seal the pistons in the cylinders. The engine would run for only an amount of seconds, then seize. So, yes, oil is most important for trucks. The pickup trucks generate an…

The event that took place May 20, 2014 chevrons Management Round Table conference was a significant event. The conference covered current and future projects and there estimated cost/principle vales as well as future values. The conference began with their leading North American Positions. Starting with San Jaquan Valley nearly 177 MBOED making Chevron the largest producer in California. Also Mid-Continent 226 MBOED making them the second largest in the Permian with 1.9 MM net acres. The next…

world’s largest autonomous expedition, inspection, and manufacturing company. This company is based on reserves. The production of liquids and natural gas are the main objective of ConocoPhillips. The company explores for, develops, and manufactures petroleum and natural gas worldwide. The central focal point areas include safely and carefully operating producing equity, accomplishing current major enterprises and exploring for new energy resources in blossoming areas. “For ConocoPhillips,…

The idea for the electric car has been around for several years. EVs, short for electric vehicles, come in four types: the purely battery-operated vehicles, hybrid gas and electric vehicles (plug-in and non-plug-in), and fuel cell operated. These kinds of cars run primarily on electrical power, as opposed to a conventional car that runs on petrol based fuels. Because of this, they are seen as the poster children of green transportation. There has been some debate on whether or not these EVs…

Environmentalists were angry after the disaster occurred and blamed federal regulators. However, they hadn’t been focused on oil drilling in the Gulf of Mexico before the explosion either. MMS took recommendation from the oil industry, specifically the American Petroleum Institute, when determining regulations on oil drilling. They trusted that the industry was up to date on technology and thus allowed the oil companies to dictate the regulations that they were being held to. As David Abraham…