2304 words - 10 pages
British Petroleum ranks one of the top most three industries of gas globally with their operations in Asia, America, Europe, Africa and Australia. The gas company has generated profits of more than 70% in United States and Europe still the organization needs to have some of the explorations and operations regarding production in some of the countries like South America, Caspian Sea and Africa. In United States the company British Petroleum in retailing industry is one of the largest companies. In more than 50 companies the organization supplies the branded Castrol lubricants as BP is the largest retailer (BP, 2010). In this study the main discussion point is
2344 words - 10 pages
British Petroleum Project Progress
By Russell Hall
Business 519: Practical Project Risk Management
Dr. Derek O. Griffin, PMP, PgMP
August 30, 2015
The Risk management plan for British Petroleum has drastically changed from the original scope determine by its sponsor at the beginning of the project. The project was to cost $100,000 with duration of six (6) months. The need for the project was because of the Texas City, Texas refinery explosion in 2005 killing 15 people and wounding 180 more (IVEY, 2005). All reports before and after explosion found BP not to be following EPA and OSHA regulations, practices poor management and was in a risk
948 words - 4 pages
ï»¿Aarkstore - Sinopec International Petroleum Exploration and Production Corporation - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investment Report
Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage.
MarketLines' Sinopec International Petroleum Exploration and Production Corporation Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A
1092 words - 5 pages
areas around your home and best match the materials that make up what you find.
You may not find all of these, but do the best you can…
Area 1: The Driveway
|___B_ Car |A. Include iron & nickel |
|___E_ Bike |B. Includes aluminum, barite, calcite, iron, lead, mica, nepheline, syenite, nickel, |
|_J___ Skateboard |petroleum products, clays, silica, & zinc |
|__C__ Concrete sidewalk |C. Includes gypsum, iron, limestone, clays, & silica
1404 words - 6 pages
Petroleum is a mineral that’s made up of mostly hydrogen and carbon. Petroleum can be a gas, liquid, or a solid. (newzeland.gov.nz, 2011) Petroleum came from a Latin word “petra” meaning rock and “oleum” meaning oil. (American Association of Petroleum Geologists, 2013) Petroleum could be as thick and dark as tar. It could also be as thin as water. (THE NEED PROJECT, 2013)
Petroleum is a big source of energy today. Petroleum produces fourty percent of our energy today. (Osakagas, 2013) We use it to produce gas for our vehicles. (THE PETROLEUM ZONE , 2013) Petroleum has a very high level of energy. (Institute for Energy Research, 2013) Burning one gallon of gas produces nineteen pounds of
1450 words - 6 pages
PROJECT OF MANAGERIAL ECONOMICS
PETROLEUM INDUSTRY IN INDIA
(OLIGOPOLY MARKET STRUCTURE)
SUBMITTED TO:-MOHD. IRFAN
ISHAN GUPTA (FS 21)
Petroleum Industry in India 5
WHY OLIGOPOLY MARKET? 6
WHICH AMONG THE THREE IS 11
PETROLEUM INDUSTRY is considered to be the backbone of an economy because this is the main source of energy till date. Any
2647 words - 11 pages
, briquettes and fertilizers. Sub-bituminous and bituminous in-ground resources are approximately 3.5 billion tonnes, but recoverable quantities of these coals have not been fully established. Exploration activity throughout New Zealand’s coalfields is mainly directed at the conversion of known resources to reserves. Coking coal resources are all on the West Coast of the South Island. New Zealand coking coals cover prime hard coking, semi-hard and semi-soft coking coals. A major proportion of remaining resources can only be accessed by underground mining in difficult conditions. More detailed information can be found on the New Zealand Petroleum & Minerals website.
Coal is New
1039 words - 5 pages
Job Redesign and Workplace Rewards Assessment
Human Motivation / PSY320
May 31, 2010
Mary Sue Farmer
Job Redesign and Workplace Rewards Assessment
ABC Petroleum, Incorporated has been in business forty-five years and has remained family-owned. The company consists of 50 employees, including the owner and president. ABC Petroleum includes the main office which sells liquid petroleum gas (lp gas) and products that use lp gas to residential customers and businesses. It sells fuel to convenience stores and farms, and owns and operates four convenience stores. The company also leases one convenience store and has an un-manned fueling site.
Philosophy on Goal-Setting
2441 words - 10 pages
BHP Billiton is one of Australia’s greatest corporate success stories; having grown from humble beginnings in Melbourne, BHP is now a multinational commodities powerhouse and claims to be the world’s largest national resources company. (Annual Report, 2009 pp. B)
The BHP Billiton Petroleum sector has been the focus of big BHP investment dollars of late as the company looks to expand their operations. BHP-B Petroleum produced over 376,000 barrels of oil per day in 2009 and has maintained an impressive 9% annual growth rate since 2007. (Petroleum Annual Review, 2009 pp 5)
BHP Petroleum operates in many countries across the world and is currently
1694 words - 7 pages
I recently read an article in Scientific American (May 2001) titled “the arctic oil & wildlife refuge.” The article addresses the issue of whether or not science has the ability to clarify the potential economic benefits and the ecological risks of drilling into the nation’s last great coastal wilderness preserve. What I began to wonder after reading the article is, if we humans should continue our scientific and technological petroleum endeavors even though we are causing irreversible harm to our earth. My feeling is that we should not drill in Alaska’s Arctic.
In the early twentieth century, science and technology brought the automobile. In less than one
1433 words - 6 pages
Wells to Consumer Interactive Diagram
This interactive diagram that shows the journey of oil and natural gas from Exploration and Production to the final products that benefit consumers.
Exploration and Production
Access to oil and natural gas resources is critical to supplying the energy needs of American consumers, business and homeowners.
Transporting Oil and Natural Gas
Supply and demand are rarely concentrated in the same place. Transportation therefore is vital to ensuring the reliable and affordable flow of petroleum we all count on to fuel our cars, heat our homes and improve the quality of our lives.
Fuels and Refining
America's refiners are a strategic asset
1213 words - 5 pages
, accented by nice classic rims allow all to be spellbound with zealous adoration. This vehicle is the most esteemed possession and was well earned through hard work and dedication. The issue now becomes the price of gas for the car. When compared to non- hybrid cars, hybrid cars should be made mandatory in order to have a long-term supply of transportation fuel that is secure, clean, and in expensive as possible.
Oil is the result of plant and animal remains layered beneath impermeable rock for millions of years. Petroleum has been around for more than a century. Since the discovery of oil, by Edwin Drake in 1859, financial and ecological disadvantages have been an issue. Gasoline and diesel
1012 words - 5 pages
turbine in combined cycle mode. Natural gas burns more cleanly than other hydrocarbon, such as oil and coal, and produces less carbon dioxide per unit of energy released. For an equivalent amount of heat, burning natural gas produces about 30% less carbon dioxide than burning petroleum and about 45% less than burning coal. Combined cycle power generation using natural gas is thus the cleanest source of power available using hydrocarbon fuels and this technology is widely used wherever gas can be obtained at a reasonable cost. Fuel cell technology may eventually provide cleaner options for converting natural gas into electricity, but as yet it is not price-competitive. The chemical structure of
796 words - 4 pages
, Colombia, Bolivia, Venezuela, Ecuador, Peru, Trinidad and Tobago, Chile, Cuba, Guatemala, Uruguay, Panama and Suriname. The report provides an overview of the Americas oil and gas pipeline industry, along with details of the active and planned crude oil, natural gas, petroleum product and Natural Gas Liquids (NGL) pipelines. The report is developed using data and information sourced from proprietary databases, and in-house analysis by GlobalDatas team of industry experts. Scope The report provides information and analysis on the oil and gas pipelines industry in the Americas, comprising - An overview of, and key drivers and issues for, the oil and gas pipeline industry in the Americas - Analysis of
4686 words - 19 pages
growth, capital expenditures, performance metrics, financial metrics and results of oil and gas operations. - Provides annual information on key operational and financial parameters for the period 2009 to 2013. - Benchmarks North America Independent (E&P) companies on operational and financial parameters. - Companies covered include; Anadarko Petroleum Corporation, Antero Resources Corporation, Apache Corporation, Cabot Oil & Gas Corporation, Canadian Natural Resources Limited, Chesapeake Energy Corporation, ConocoPhillips, Consol Energy Inc, Continental Resources, Inc., Devon Energy Corporation, EnCana Corporation, EOG Resources, Inc., Hess Corporation, Linn Energy, LLC, Marathon Oil
6325 words - 26 pages
of the original plant. Then, I would carefully pour an equal amount of paraffin wax into the top of the measuring cylinder; above the water and around the stem of the plant (10 ml). I would make sure that the bottom of the stem is still within the water, and I would also not where the bottom of the stem is within the measuring cylinder. Over a piece of newspaper, I would then cover the upper surface of all of the leaves of one cut-off with petroleum jelly, being careful not to get any on the lower surface. Into one of the remaining three measuring cylinders, I will carefully place this cut-off of the original plant. Then, I would carefully pour an equal amount (as before) of paraffin wax
1556 words - 7 pages
Cars are a necessity in most parts of the world. People use them to travel and transport various goods from place to place but like most things cars have a dark side. They require a form of fuel to run. Today most cars run using gasoline or diesel, both petroleum based products. These fuels are awesome and have helped push society and provided a relatively inexpensive way to fuel vehicles without many of the side effects that come up when trying to find a good fuel source. However they do have some major issues that trouble many people. Some have started to search for an alternative source of fuel that will be able to accomplish all of our needs as humans without the effects of petroleum
684 words - 3 pages
Define what we mean by fossil fuels and explain why there are attractive sources of energy.
Fossil fuels are also natural resources of energy that is a product of millions of years of decomposed plant and animal pressured by heat trapped underground. Natural gas, coal, and petroleum, are all examples of fossil fuels that are highly attractive due to the purpose that they serve in one way or another in how we function in the world. Natural gas is pressured decomposed sea animals and plants, combined with the heat of the earth trapped in porous rocks deep underground. Natural gas is used mainly to heat. We prepare meals, heat water, and heat our homes. It is also used to
939 words - 4 pages
* Biotic - Biotic resources are obtained from the biosphere, such as forests and their products, animals, birds and their products, fish and other marine organisms. Mineral fuels such as coal and petroleum are also included in this category because they are formed from decayed organic matter.
* Abiotic - Abiotic resources include non-living things. Examples include land, water, air and ores such as gold, iron, copper, silver etc.
Considering their stage of development, natural resources may be referred to in the following ways:
* Potential Resources - Potential resources are those that exist in a region and may be used in the future. For example, petroleum may
1215 words - 5 pages
million and a GDP of $850 bm; making it the third largest integrated market; with the European market and NAFTA leading the way. By combining resources under Mercosur; member countries have been provided more negotiation power when dealing with other counties and organization as well as a larger market (Mercosur Trade Center, n.d.).
Benefits and Drawbacks for the country of Venezuela as a result
of their membership in Mercosur
Strongmen who had control over the military power in Venezuela ruled until 1959; during which time less social development and economics took place. Petroleum is the only abundant resource in Venezuela; therefore the rulers of Venezuela concentrated mainly on the
1992 words - 8 pages
). Later Edwin Drake dug the first oil well. After setting up of the first oil refinery (see exhibit#2 for a short list of refinery products), in 1861 more and more people were involved in oil business and many oil companies were created.Standard Oil, founded by John Rockefeller, was the first and last company that show the real impact of industry on the development of economy and the whole country, because after declaring an illegal monopoly it was splitted into 34 companies.On account of the largest threat in this century of the coming oil/petroleum shortage, since oil/petroleum runs generators that produce electricity, it runs automobiles worldwide, it is used to produce synthetics (clothing
1732 words - 7 pages
petroleum and used mostly as fuel and solvent (Merriam – Webster 2012). It is burned in lamps, heaters, and furnaces and used as a fuel or fuel component for diesel and tractor engines, jet engines and rockets and as a solvent for greases and insecticides.
Kerosene is less volatile than petrol fraction boiling at the temperature range of 160 – 240oC and has a flash point of 38oC.
CHEMICAL COMPOSITION OF KEROSENE The chemical composition of kerosene depends on the different refining process. The major hydrocarbon contents in kerosene include aromatic, paraffinic naphthalenic compounds while the non-hydrocarbon components include sulphur, nitrogen and oxygen compounds (WL.Nelson, 1978
281 words - 2 pages
future.This situation has affected too many industries such as: Dry cleaning industry, Hollywood, Railroads, Grocery stores and Petroleum industries.I think that we can prevent the myopia with a restructuring of the Customer orientation, focus on customer rather than on product, Focus on marketing, looking for future opportunities and with the Retention of existing customers.To Conclude I can say that in order to focusing on the customer´s satisfaction and needs, the industry has to restructure its mission, vision and goals.Lic. Raybel A. Roa Lorenzo
891 words - 4 pages
. Electrical engineers are involved in projects from the concept and detail of the design through to implementation, testing and handover. They may also be involved in maintenance programmes.
Petroleum engineers study the earth to find oil and gas reservoirs. They design oil wells, storage tanks, and transportation systems. They supervise the construction and operation of oil and gas fields. Petroleum engineers are researching new technologies to allow more oil and gas to be extracted from each well. They help supply the world's need for energy and chemical raw materials.
Career progression opportunities
Once you are an Engineer you could go on to be many things in the fields
1590 words - 7 pages
health surveillance in Niger Delta is examined. The next part dwells on the positive correlation between crime rate and urbanization. In the final part, the risk of imperative food insecurity and its negative impact on political stability are analyzed.
Industrialization and Urbanization in Nigeria
The term ‘industrialization’ is used to describe the process in which a society transforms itself from a primarily agricultural society into an industrial one characterized by of the use of technological innovation in the production process (Amakom, 2008). In Nigeria, petroleum oil industry and manufacturing industry including leather and textiles play vital roles in industrialization
1862 words - 8 pages
Final Issue Analysis
The BP Oil Spill
On April 20, 2010, the Gulf of Mexico was changed forever. The explosion of a deepwater oil-drilling rig changed the lives of millions for years to come. The Gulf of Mexico as we knew it would be changed for decades to come after the mistakes made by the Deepwater Horizon’s crew that day. British Petroleum, the oil giant responsible for the disaster, left the American citizens of the Gulf Coastal region terrified and helpless. There were seventeen men injured in the explosion and eleven unaccounted for presumed dead, while hundreds of thousands of gallons of oil leaked into the Gulf of Mexico (BP Oil). The oil spill
2102 words - 9 pages
-renewable resources (Fossil fuels): [Limited – Expensive]
Non renewable resources are primarily fossil fuels emanating from remains/decomposition of animals and plants deposited deep into the earth crust and converted into oil and gas. These resources cannot be replenished. There are three main types of fossil fuels: coal, petroleum, natural gas and liquefied petroleum gas (LPG).
a). Petroleum products:
In 2009-10, consumption of petroleum products was 29% of total share of energy. Majority of crude oil is imported from gulf countries to meet the demand. Power, industry and transport sectors consume higher quantity of petroleum followed by agriculture and house holds. Petroleum is also used
2491 words - 10 pages
(Table) India FPSO Industry, FPSO Vessel Specifications, Sep 2013
India Pipeline Sector
India Pipeline Sector, Key Data
(Table) India, Pipeline Key Statistics, Sep 2013
India Pipeline Sector, An Overview
India Pipeline Sector, Comparison of Key Crude Oil Pipeline Companies
(Table) India, Crude Oil Pipeline Length by Company (km), Sep 2013
(Table) Figure 15: India, Crude Oil Pipeline Length by Company (km), Sep 2013
India Pipeline Sector, Comparison of Key Petroleum Product Pipeline Companies
(Table) India, Petroleum Product Pipeline Length by Company (km), Sep 2013
(Table) Figure 16: India, Petroleum Product Pipeline Length by Company (km), Sep 2013
India Pipeline Sector, Crude Oil
3879 words - 16 pages
Table of Contents
Section 1 1
1.1 Company Profile: 2
1.2 Corporate Governance Disclosures, and are they sufficient? 2
1.3 Key issues that may have impacted on the company’s corporate governance performance 3
1.3.1 Glass Ceiling 3
1.3.2 Climate Change 3
1.3.3 Petroleum Accidents 4
1.4 Potential ethical considerations impacting on the company and the industry in which it operates 4
1.4.1 Petroleum Industry 4
1.4.2 Price Fixing 4
1.5 Theoretical Frameworks supporting Caltex CSR disclosures: 5
1.5.1 Stakeholder/Legitimacy Theory 5
1.5.2 Agency Theory 5
2.1 Part a 6
2.1 Part b 7
1.1 Company Profile:
571 words - 3 pages
Its technology is advanced, design is based on international standard: DIN (Germany), FEM (Europe), ISO (International), equipped with many advantages such as: strong rigidity, light dead weight, outstanding structure design etc. which could effectively save your factory space and investment cost. Its particular and special travelling structure is your best choice.
It could widely used in machinery manufacturer, metallurgy, petroleum, petrifaction, port, railway, civil-aviation, food, paper making, construction, electronics workshop, warehouse and other material handling situations.
1-Model Number: CD1/MD1 model
2-Lifting capacity: 0.25- 50t
3- Lifting height
689 words - 3 pages
cashier he made $25 a month.
With $1,000 saved and another $1,000 borrowed form his father, Rockefeller formed a partnership in commission business with Maurice B. Clark. In the same year the first oil well was drilled at Titusville in western Pennsylvania, give a rise to the petroleum industry. Cleveland soon became a major refining center of he booming new industry. In 1863 Rockefeller and Clark entered the oil business as refiners. With Samuel Andrews as their new partner they named the company Andrews, Clark & Co. In 1865 the partnership was broke because of disagreement in management. Rockefeller bought the Company for $72,500 and with Andrews it was named Rockefeller & Andrews.
522 words - 3 pages
suburbian railways are built in the the big cities. The importance of the railway transport lies in the transcontinental transport of the freight (Russia, China, India). In Africa, Asia and South America railway is still very important for the public transport.
Due to the low transport costs and minor effect upon the environment the importance of the tubular transport still increases. ItÂ´s used for the transmission of the petroleum, the gas and the liquid products on the continent but even on the seabed for a long distance.
As the automobile, railway and tubular transport is rather young, the inland nautical transport has existed for ages. It uses the navigable rivers and lakes. ItÂ
324 words - 2 pages
Ocean, on the west by the Ceram Sea, on the south by the Arafura Sea, and on the east by Papua New Guinea. Most of the people in Irian Jaya are involved in agriculture, copper mining or petroleum drilling. The province is just south of the equator and is divided north from south by the Maoke Mountains. One of these mountains is Puncak Jaya, the tallest peak in Indonesia at 5030 metres.West New Guinea became a colony of the Netherlands in 1828 until the Dutch relinquished possession to the United Nations (UN) in 1962. Renamed West Irian, the territory was controlled by Indonesia under a UN mandate from 1963 to 1969, following the people's vote in favour of uniting with the republic of Indonesia. The province of West Irian was renamed Irian Jaya in 1973.
4717 words - 19 pages
1911 by the Supreme Court, 10 separate oil companies were formed. In the early 1900s, Gulf came on stream, then Texaco, followed by Royal Dutch/Shell Group and later British Petroleum.
The early demand for oil spurred from World War I as it was vital to the war effort for military power. During the period between that first War and the Second World War, oil fields were discovered in Venezuela, Iraq, Saudia Arabia, Kuwait and Bahrain. There were technological advancements in exploration, production and refining.
From inception, there was political conflict between oil producing countries and oil consuming countries. Mexico which was a large producer had its oil companies nationalized in 1938
1246 words - 5 pages
Structure. The Royal Dutch and Shell Group’s structure has all of its subsidiary companies controlled by the holding group of the company. These companies include Shell Petroleum NV located in Netherland, The Shell Petroleum Company Ltd based in UK, and Shell Petroleum Inc. based in the United States. These companies are controlled by the two parent companies, which are Royal Dutch Petroleum and Shell Transport & Trading. The ownership is divided in terms of 60/40 ratios. The relationship between these groups of holdings are meant to be 60/40, which means that all the inflows coming and all the outflows made to shareholders are divided between the two holdings. This represents that one share of
3581 words - 15 pages
Business Analysis III - Anadarko Petroleum Corporation
October 15, 2012
Business Analysis III - Anadarko Petroleum Corporation
Anadarko Petroleum Corporation (Anadarko); head office in The Woodlands, Texas, employees 4,800 people and is a Fortune 500 company with recorded revenues of $13.967 billion for fiscal year ending 2011. This represented an increase of 28% over 2010. Anadarko posted record sales volume in 2011. Contrasted against Anadarko is Exxon, which had reported revenues over the same period of $452.926 billion and was ranked number one for most profitable companies, realizing profits of $41.060 billion (CNNMoney, 2012). Anadarko is
754 words - 4 pages
A. External Environment
B. Corporate Review
The mission of Filoil Gas Company is to provide qualified entrepreneurs a good source of earnings by operating their own retail stations. Our company is dedicated in providing quality petroleum products and services for all its customers and is geared towards helping elevate the lives of Filipinos.
Filoil’s vision is to become the national symbol of energy and power for the new generation. Filoil believes that the Filipinos can fight poverty by engaging in entrepreneurship as its competitive edge for growth and success.
Long Term Goals
866 words - 4 pages
has still to meet over half of its demands of petroleum and its products through import and there is no possibility of respite in the near future despite vigorous efforts for oil explorations. Coal resources are confined to a limited part of the country and can last only for another six-seven decades. The transport of coal is a great problem and its mining and utilisization are causing great deal of environmental pollution and irreparable damage to ecology.
Another aspect of the energy crisis is related to the mismanagement of power sector, low efficiency of power houses, labour...
Two hundred years ago, the world experienced an energy revolution that launched the Industrial Age. The
745 words - 3 pages
that will be impacted by decisions.
Kava is in need of a greater presence. Alex made it known that, “Our company is considering establishing a greater presence here in Kava,” Alex started. “That greater presence could take various forms, based on what’s good for our company and what’s good for the people of Kava.” (Phoenix, 2011) It was noticed that after landing on Kava the place that was imagined a paradise was now realized as a mess. Kava Island facts states that the people consist of a fifty percentage of people of under the age of 15 years old with a mixture of different ethic back grounds and languages. The economy consists of coffee, sugar, cocoa, petroleum, spices, natural gas
866 words - 4 pages
First and foremost, most plastic bags are not biodegradable and end up in landfills or worse, floating around in the environment. It takes hundreds of years for plastic bags to decompose and while they do, they release toxins into our soil, lakes, rivers and oceans.Â Secondly, littered plastic bags are a threat to animals. David Barnes, a marine scientist with the British Antarctic Survey in Cambridge, toldÂ National GeographicÂ stray bags choke and strangle wildlife around the world.Â Last, but certainly not least, the production of plastic bags requires millions of gallons of petroleum and banning the production would significantly reduce carbon dioxide emissions. According toÂ USA Today
828 words - 4 pages
Running head: Business Communication Trends
Business Communication Trends Paper
Melissa A. Brun
University of Phoenix
Comm. 285 Communication
Professor: Daniel F. Clearly
February 28, 2010
Business communication trends paper
Being out in the business world, working a nine to five job, five to seven days a week and forty hour plus weekly workload will have you communicating with others on a daily basis. Whether it is through face to face conversation, telephone, email, conferences, or fax there is always some type of communication going on in order to have a successful business. Guardian fueling technologies (GFT) is a petroleum company that I work for, and without these various
1054 words - 5 pages
top exporters of rubber, timber, natural gas, and petroleum in the world. In addition it is a leader of exports in air conditioners, and electronic semiconductors. Located to the south of Asia, it has experienced tremendous growth and economic success in the early to mid 1990s (Gross, 2001). At that time the Growth Domestic Product was nearly 10%. In the late 1990s Asia’s financial industry experienced a hit due to a loss in GDP of nearly 8%, this vastly impacted the GDP of Malaysia for several years afterward.
Some of the Malaysian Environmental Laws that have been adopted include:
Continental Shelf Act of 1966 (Legislation Malaysia, 2010).
Referring to the sea bed and underlying soil
1012 words - 5 pages
is because of their failure to adjust to the non-technical aspects of the job.”
For example “A multinational energy or petroleum company in US might send an employee to Saudi Arabia to do exploration on petroleum, because the employee knows
everything there is to know about petroleum exploration it does make some sense because you need to know how to do the work itself. But if you get there and
can’t work effectively with any of the local staff your assignment is likely to end in
Just by having a high technical skills or management skills does not make an employee to be successful in expatriate assignments, they need a strong cultural sensitivity, flexibility, and most
991 words - 4 pages
[pic][pic][pic] | |
Table of Contents
How to Cite This Article
Natural gas, a flammable gas within the Earth's crust, is a form of petroleum and is second only to crude oil in importance as a fuel. Natural gas consists mostly (88–95%) of the hydrocarbon methane (CH4), but proportions of hydrocarbons higher in the methane series are usually present, among them ethane (C2 H6), 3–8%; propane (C3 H8), 0.7–2%; butane (C4 H10), 0.2–0.7%; and pentane (C5 H12), 0.03–0.5%. Other gases present include carbon dioxide (CO2), 0.6–2.0%; nitrogen (N2), 0.3–3.0%; and helium (He), 0.01–0.5%. Carbon dioxide, nitrogen, and helium detract slightly from the heating value of natural gas
4537 words - 19 pages
Figure 1: Fractioning Column (Copyright of science-resources.co.uk, 2009)
Figure 1: Fractioning Column (Copyright of science-resources.co.uk, 2009)
Crude oil is one the most important non-renewable sources on Earth. Demand for this black viscous liquid is growing every day in this era if modern technology. Electricity, vehicles and synthetics are among the major consumers of petroleum fluids or crude oil. Crude oil could be referred to as the ‘black gold’ due to its expensive price and complicated production process. Unlike gold, crude oil naturally is useless in its primary form. A process
1784 words - 8 pages
A product has three distinct layers; the core product, consisting of the benefits that the product provides for consumers (or business customers), the actual product which is the physical good or the delivered service that supplies the desired benefit and the augmented product which is the ‘actual product plus other supporting features’ such as warranty, credit purchase facilities, delivery, installation and after-sales service. (Solomon, et al. 2011, p. 181-185).
Petroleum encapsulates all three product layers being the core, the actual and the augmented product. The core benefit of petroleum being that it enables the consumer to fuel motored devices like cars for travel. The actual
2155 words - 9 pages
DuPont Divestiture of Conoco
Course ID: FIN561 Merger & Acquisition
Assignment ID: Week 5 - You Decide Project
Instructor: Jeffrey Hardin
Date: November 29, 2013
Table of Content
The divestiture of Conoco by DuPont also reflected changing conditions in the energy industry. As noted in a May 12, 1998, article in the New York Times: DuPont bought the oil company in 1981 as insurance against the pricing and supply tactics of the Organization of Petroleum Exporting Countries. But oil prices have been far less volatile than it feared, and DuPont continues to