Category: Petroleum

  • Everything About Hydrates in the Petroleum Industry

    Definition Hydrates are inorganic and organic substances that contain water and are easily formed by less polarized molecules that would fit into a clathrate water cage. The water molecule is combined in a definite ratio as an essential part of the whole crystal constituting the substance. Abstract Natural gas hydrates have always puzzled scientists, researchers,…

  • Liquefied Petroleum Gas (LPG): Overview

    Introduction Liquefied Petroleum Gas (LPG) is a mixture of hydrocarbon gases, a large fraction of which is propane and butane (Khabibullin et al. 2010, p.1). The composition of LPG at any particular time varies according to its source, processing principles and season (Khabibullin et al. 2010, p.3). For example, the quantity of butane and butane…

  • Petroleum Products Problem in the USA

    Americas overdependence on petroleum products is one of the main reasons for the sluggish economy. The cost of importing crude oil creates a trade deficit, and it increases the debt burden of the United States. Also, policymakers must explore other sources of energy because petroleum products contribute to the degradation of the environment. Government officials…

  • Petroleum Significance for the Modern World

    Petroleum is a major economical industry that constantly grows larger and contributes significantly to the growth of the worlds economy. The role of oil and gas has severely increased recently in the world energy markets due to an internal development potential of these products. Petroleum is a matter of current interest of natural sciences and…

  • Petroleum Significance for the Modern World

    Petroleum is a major economical industry that constantly grows larger and contributes significantly to the growth of the worlds economy. The role of oil and gas has severely increased recently in the world energy markets due to an internal development potential of these products. Petroleum is a matter of current interest of natural sciences and…

  • Continued Reliance on Petroleum to Impact the US

    This essay is about the continued reliance on Petroleum by the United States and its effects on the US economy between now and 2025. The geo-politics of oil as well as the options before the US in terms of energy transition are discussed here. The base report for this paper is the Global Trends 2025…

  • The Organization of Petroleum Producing Countries Cartel

    Outline This essay aims to explain the workings of the OPEC cartel and its activities in the past year. The essay first provides a basic definition of what a cartel is and then gives a short description of the constituent members of the OPEC cartel. The essay then explains the basic workings of the cartel…

  • Omani Oil and Petroleum Company: The Decision About Which Markets to Enter

    Introduction Globalisation is one of the forces in the external market environment that a firm cannot control. The emerging technologies in the field of communication and transport have made it possible for companies to explore foreign markets as a means of achieving growth. In Oman, various foreign firms have set up their branches in major…

  • Petroleum Exporting Countries Organization

    Table of Contents Introduction History of OPEC Future of the Organization Conclusion References Introduction The purpose of this paper is to regard the history of OPEC as the organization of petroleum suppliers, represent this alliance as the political power and provide the models of its further development from the context of its necessity and usefulness…