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Petroleum Essay Topics & Paper Examples

Deepwater Horizon Oil Spill

On April 20, 2010 a catastrophic explosion on the Deepwater Horizon off shore drilling platform caused the largest single release to the environment due to oil drilling. This explosion killed 11 workers and injured 17. This oil spill is very controversial because it can be questioned if this spill could have been prevented and what exactly went wrong. There is much debate on who is to blame, what could have been done to prevent it and who is going to pay for all the damage. Many are not happy with the settlement BP is signing that will keep them from further criminal prosecution if they agree to pay the settlement amount. Paying retribution is fine, but what about the future…

The IOI Group: Creating a Malaysian Palm Oil Multinational

The case discusses the story of the IOI Group, one of the largest palm oil players in Malaysia, which has seen rapid growth in the past two decades. Family-controlled since 1982, the IOI Group’s main businesses initially were property and palm plantations. As a relative latecomer in the palm oil industry, it grew both organically and through acquisitions, and, in 2010, had sales of about US$4. 3 billion and employed 30,000 people. Over the years, the IOI Group moved away from producing crude palm oil (CPO), a key commodity, and pursued a strategy of vertical integration by moving into downstream activities such as food ingredients manufacturing and oleochemicals. This transformed IOI from a Malaysian plantation company to a global ingredients…

Four Wheeler Industry

Points for ppt Factors affecting growth of four wheeler industry 1) Prices of four wheeler 2) Price of fuel 3) Income of people 4) Bank Loan Rates 5) Prices of other four wheeler 6) Slow Economic Growth 1) Prices of four wheeler: Car companies had hiked prices by 1-3% in January2012 to pass on their higher cost burdens. The union government raised the excise duty across products by 2%, which car companies passed onto customers by increasing prices immediately. Also some large states (like Maharashtra) have raised car registration fees and/or road taxes. These price hikes mean that for any prospective buyer of a Maruti Swift diesel in Mumbai, the price has gone up by ~Rs55k (8%) since Nov-11. 2)…

Storage, handling & preparation of fuel oils

•Avoid oil spillage •Prevent oil leakage •Drain water from storage tank •Clean strainers/filters •Maintain the fuel oil at higher temperature in the main storage tank •Maintain correct pre-heat temperature Combustion of fuels oils & burner operation & maintenance •The heat generated by combustion of fuel is utilised by boiler or furnace of heating water or air or any process material. •Combustion effected by a burner which mixes fuel and air in proper proportion •Any petroleum is a hydro carbon, sulphur is present in significantly lower percentage •Combustion products are primarily carbon dioxide, water vapour and sulphur dioxide which pass thru the chimney along with nitrogen in the air. •For ideal combustion 14.1 kg of air is required for every kg…

Main Forces Driving the Market of Gas

In this assignment, I am required to write an analysis of the main forces driving the market for any specific product of my choice. For me to successfully complete this task, I have to first pick a product, one that I am interested in, discuss the long term forces driving demand and supply, discuss the position of the main substitute products and producers, look at past data and explain what has occurred to change the price and finally will the producer be profitable in the future?I have chosen Natural Gas. Natural gas is a vital component of the world’s supply of energy. It is one of the cleanest, safest, and most useful of all energy sources. Despite its importance, however,…

Benefits of Oil Drilling

I am very intrigued by the oil drilling industry. I really hadn’t put much thought into the industry until around three years ago. Since then I have seen many arguments on the pros and cons of drilling for oil either offshore or inland. Some of which I completely understand and believe changes should be put into place soon so that we do not cause more damage than necessary. Numerous arguments though are just people looking to place blame and are not seeing the bigger picture. In order to appreciate the benefits of oil drilling we need to understand the process that happens, our daily consumption and finally how we can be more dependent with our own sources. Countless of our…

Globalization and Its Effects on Mexico

Mexico has the size and assets which could contribute to wealth and prosperity within their borders. The nation has the second longest border with the United States, significant oil resources, and the 11th largest population in the world. Mexico underwent all the necessary free market changes to help support globalization despite initial resistance, but they are yet to complete the interior microeconomic makeover they drastically need. Mexico has many things working for them but continue to underperform when it comes to global power and economy, China out performs Mexico for low-cost manufactured goods and India is often the target for outsourcing jobs and services over Mexico (Biggs, Shiess). After sustained pressure from the United States and the International Monetary Fund,…

Petrol Price Hike

Today ,I geetika bajaj would like to throw some light on a very burning issue of 21st century for which I would like to ask u a question about something u do daily? U’l tell me brushing bathing n all dat. But now a new thing that has intruded our daily routine –is The inflating /ballooning Price of Petrol!!!!!! One gets out of the house ,drives his vehicle and reaches his destination activating his brain cells thinking of any new shortcut to his destination – the reason behind all this is the Sky rocketing price of petrol!!!!!!!!!!!!!!!!!!!!!!!!!!! The petrol prices have zoomed by Rs 7.50 per litre . among the highest in one go,.it seems that the government has lobbed…

Hydraulic Fracturing

Hydraulic fracturing is a 21st century method applied to extract gas from the rock bed in the Earth’s crust. It is commonly referred to as ‘fracking’. The process is carried out by breaking apart the rocks by the addition millions of gallons of water, sand and chemicals preceded by the explosion of the rock bed. It is most commonly practiced in the United States; this technique hasn’t been applied in other countries a lot. It is predicted that this would be a solution the ever rising prices of oil and natural gas due to abundance of potential shale gas reserves. Hydraulic fracturing is not a method used for extraction of conventional natural gas. ‘Shale gas’ is a form of natural…

Instructor Baby Massage Lesson

Welcome to your first baby massage session, my name is ………., and I will be with you during the next five weeks teaching you this amazing technique which help both of you, baby and mum or dad to improve in the ways that I will to explain to you in a few minutes. But first of all I would like to tell you that don’t worry if the baby cries, don’t feel uncomfortable, get up if you need, hug and cuddle her, feel free to be dedicated to the baby as if you were in your home. For all of us today and the next few weeks that we will share time together, the most important will be the baby…

Oil and Gas Production Industry

Oil and gas are the key generators of the world nowadays that helps to uphold the concept of globalization. The flow of goods and capitals that require transportations and energy depends directly from the oil and gas production. As the main sources of energy and its nature of scarcity, this commodity is vulnerable to fierce competition in the global market. One of the major producer and global exporter of oil and gas is a country in Sub Saharan Africa, Nigeria. This report seeks to analyse the business structures and the competitiveness of oil production in Nigeria. It will be based on Professor Michael Porter’s ‘Diamond’ Model of International Competitiveness whereby it will look into all the four main theories in…

Oil Boom in North Dakota

Oil in the Bakken region is boosting local economies but attracting a gritty scene Albertans know well The strip clubs in Williston, N.D., are the rowdiest that Tatiana, an exotic dancer who has performed in Las Vegas and New York, has ever seen. Oil workers coming off the nearby rigs pack the city’s two clubs, Whispers and Heartbreakers, every night. They smell like work. They wear dirty T-shirts. They fall asleep face first on the bar. And then there are the prostitutes. Tatiana, who asked that her real name not be used, noticed them wandering though the crowd looking for customers on her first night in North Dakota. “They’re not in there to tip the dancers,” she says with a…

Oil Spills

Questions: What are the environmental implications of oil spills? What legislative policies have been instituted to mitigate the possibility of future oil spills? How are oil spills cleaned up and what are the advantages and disadvantages of each method? What type of research and innovation surrounding oil spills has been done to prevent their occurrence? In order to foster an environment for emerging technologies and higher standards of living, the United States, Canada and many other nations have increased their dependence on products derived from petroleum. Manifestations of our dependence on oil include fuel for automobiles and houses, as well as its usage for the manufacturing of pharmaceuticals and plastics. (EPA, 2012). Since the demand for oil is high, it…

Government Control and Subsidy of Energy vs. Private Sector Investment

A subsidy is a payment from the government to a business to encourage the continual use or development of a technology or product that is considered to be useful or beneficial to the society. Most often, the money (or subsidies) is coming directly from taxpayers. This is where Milton Friedman’s signature phrase, “there’s no such thing as a free lunch” comes in to play. A unit of a product or service may be free for one person, someone or something is enduring an opportunity cost. Currently, renewable energy sources such as wind and solar power are being subsidized by roughly $24 billion a year because of the perceived environmental benefits that go along with “green” technologies. However, renewable energy companies…

Natural Resources of Bangladesh

There are 22 discovered gas fields in Bangladesh of various sizes. The total reserve of 20 gas fields is about 26 Tcf (trillion cubic feet). Gas in most of the fields is dry, in a few fields it is wet. For example at Beanibazar (16 bbl/mmcfg), Jalalabad (15 bbl/mmcfg), and Kailashtila (13 bbl/mmcfg). Currently, natural gas accounts for more than 70% of the total commercial energy consumption and the major part of the future energy demand would be met from it. Power sector ranks the highest (44%) ,fertiliser sector ranks the second (28%), and industry, domestic, commercial and other sectors together rank third (22%) in gas consumption. Currently 12 gas fields under public and private sectors are in production with…

Algal Bio-Diesel Power Plant

Algae- most promising alternative renewable energy source available. It decreases the need for fossil fuels and thus makes our environment healthier. Algae oil is produced as much faster as 30 times than other biomass feedstock while its producing amount is up to 300 times more resulting 600 tons of bio-diesel per day which will produce 200MW of electricity per hour. MAJOR COMPONENTS IN ALGAE BIO-DIESEL POWER PLANT: 1. Algae plantation 2. Algae oil extraction and bio-diesel plant 3. Internal combustion power plant Continuous Algae production utilizing the photobioreactors is a highly reliable method for producing high density monocultures of marine and fresh water algae. The total control of all parameters are automatically controlled via a PLC, making the device dramatically…

Alternative Fuels – Data

Nowadays, there are a lot of alternative fuels which have discovered by human beings in order to replace the depleting non-renewable fossil fuels supply. In fact, organic chemistry has successfully proved that organic compounds can be served substitution of fossil fuel supply. The structure and physical properties of organic molecules are characteristics that aid them to become useful fuels for human beings. Ethanol, propane and methane are examples of organic compounds which are commonly used as fuels today. What are the structure and physical properties of these compounds that help them to act as excellent alternative fuel sources? Figure 1 Energy-rich organic molecules (biofuels) are used to fuel cars, planes and ships (Smart Energy Initiative of Southeastern Pennsylvania, 2012) Quantity…

Apache Corporation

Apache Corporation was formed in 1954, based on the idea of becoming significant and prosperous in the oil industry. The company took $250,000 of investor capital, paired it with fierce determination and now Apache Corporation is considered one of the top independent oil and gas exploration and production companies in the world (“Apachecorp.com”, 2012). Apache Corporation operates in both domestic and international markets exploring for, developing, and producing natural gas, crude oil, and natural gas liquids (“Apachecorp.com”, 2012). On December 31, 2011, the Company had production in the United States, Canada, Egypt, and Australia. Offshore production exists in the United Kingdom, the North Sea, and Argentina. Looking into the future Apache plans to continue to explore other countries for new…

Bp’s Ethical Culture

We will go through the BP business context and culture, safety aspect, organization capability, responsiveness and risk assessment aspects of their ethical culture, result from the management and caused the disaster. BP Business Context and ethical culture: From the BP management employer aspects, they are not follow some mechanical level, safety procedure over and ignored which required by Act (e.g. Clean Air Act) over 8 year for their production. At the end the huge explosion occurred in March 2005. Because of the hydrocarbon liquid leakage and vapor, the ignition explosion result of the accident. They failed to give the safeguards protection tools to protect employees, this accident killing employees and injured people in Texas oil refinery. And the other issue…

Business Model of Total

1 Introduction There is no special and particular slogan used by transmit through its products. Total is using different slogans for their several kind of product lines in the countries, where they sale the products. “Winners fill up with TOTAL!” is the slogan in Germany for the B2C segment for their filling stations. 2 Company Profile – TOTAL The former “Compagnie francaise des pétroles”, now TOTAL S.A., is founded on March 28th in 1924, together with its subsidiaries and affiliates. The history of TOTAL began in the Iraqi sands in the 1920s. TOTAL began its Upstream in the Middle East in 1924. Over the past decades the company grew up, developed and expanded its presence throughout the world. Since 1999,…

Chevron Analysis

Chevron is a world-renowned company that is a leader in the development of energy resources that help drive human progression. The ability to meet the needs of ever-expanding energy consumption is what makes Chevron an innovative and market leading company. When people think of Chevron many think of “Big Oil”, when in fact, its business strategy is very complex and entails: * Exploration and Production (oil and natural gas) * Manufacturing, Products (lubricants, etc.) * Transportation (global trading, pipelines, shipping, etc.) * Other businesses (chemicals, mining, power and technology) “The company’s vision is to be the global energy company most admired for its people, partnership and performance“(Chevron.com). With this being said, the company as a whole is built on a…

Petroleum Engineering: Research Proposal

Petroleum engineering is technical activities related to the hydrocarbon production – either crude oil or gas. The importance of petroleum engineering is swiftly increasing and researchers try to highlight peculiarities and innovations in their writings. Petroleum engineering is main substance discipline within the gas and oil industry which concentrates on maximizing economic recovery of hydrocarbons. Therefore, the intended audience will be researchers and scientists who are interested in promoting petroleum engineering which offers certain benefits, and common people who are interested in innovative technologies. As far as petroleum engineering is related to many scientific fields, I am sure that economists, engineers, geologists and drillers will find the material informative and valuable. The current research will be assessed through the methods…

Utilization Of Used Plastic Cups

Filipinos are fond of eating bin fast-food counters where Styrofoam, plastic cups, they become disposable, thus becoming the bulk of our garbage. They are also considered as non-biodegradable, hence, cannot be used again by other living things. The only way is to convert them to another usable form. Moreover, due to large production of plastics, they bring pollution and deterioration in the environment. Destruction of the present surroundings results when disposing plastic continuously are not controlled. Plastic is a synthetic material that is made by polymerizing molecules of monomer materials that are derived from coal, petroleum, or natural gas. It is a preferred material because it is lightweight, flexible, durable, versatile, and mostly affordable. It is used for manufacturing a…

International Negotiation Repsol/Ypf

YPF (Yacimientos Petrolíferos Fiscales) is an Argentinean company engaged in the exploration, exploitation, distillation, distribution and sale of petroleum and its products. It is the largest company in Argentina, employing more than 46,000 people. It was founded as a state enterprise in 1922 but In 1992 was privatized given that it had ceased to be profitable, few years later in 1999, YPF was acquired by the Spanish company Repsol, which took control of 97.81% of YPF after having gone to the tender offer (OPA) by a cash payment of more than 15.000 million. 1 For more than 12 years, the operations of YPF in Argentina didn’t have major problems, however as the time passed, in 2011 conflicts between YPF and…

Biodiesel as an Alternative Fuel

As time goes on, humans are discovering new ways to improve their means of living. Whether the upgrade affects us financially, socially, or if it helps the Earth, or better health and education, things are changing. Multiple enhancements in fueling one’s car have risen. Gas has become pricey, and the controversial argument that oil will one day perish are factors that have led people to find other alternatives. Biodiesel is an efficient alternative fuel, for the reason that biodiesel is a safe, eco-friendly, and affordable option. Biodiesel is a clean burning alternative fuel. It is renewable and generated from a variety of vegetable oils and animal fats, not raw vegetable oil. Raw vegetable oil cannot be utilized because it has…

Fluctuating Gas Prices

Gas prices have been on a rapid rise the last few years and not many people are happy with it. It limits those on a budget for how much they can do and how much they are willing to drive. Lately, gas prices have been fluctuating in price and going up but are more recently going back down, which gives people a little more flexibility at times in their schedule. It lets people do things such as travel and more, that they were not able to do last summer when gas prices were right around as well as over $4.00 a gallon, which made people cut back on those unimportant things. Supply and demand plays two major factors that have…

Martha Stewart’s Loss Reputation

Martha Stewart is a well-known and respected woman who represents the successful women that made it on their own in today’s society. Not only is she a stock broker, but her fashion, style, good taste, TV show and her line of house wares is what got her the popular publicity among many. When allegations against Martha Stewart surfaced many questioned her ethical actions. Due to allegations her profit reduces and the MSO dropped. Martha Stewart’s main target consisted of women who were attracted by her charisma. Let’s face it Martha was good at what she did, and women wanted to be like her by purchasing her products. Martha’s customers trusted her products and believed in its purpose. When the accusations…

Steam Assisted Gravity Drainage

To relief the high demand of energy, countries like United States, Venezuela and especially Canada with 232 billion bbl recoverable unconventional reservoirs which contain bitumen, heavy oil and extra heavy oil as remarkable resources of energy. The reducing high quality oil resources and increase of oil price contributed to production from heavy oil reservoirs in recent years. This paper investigates the heavy crude oil properties and evaluates the steam-assisted gravity drainage(SAGD) which has become the method of choice for oil sand producers and it is therefore critical to optimize this process. Analysis has been done to realize the influence of different parameters on SAGD. The effects of parameters such as horizontal well length, steam quality, viscosity, porosity, permeability in both…

Fuel Subsidy Removal in Nigeria

A subsidy is an assistance paid to a business or economic sector. Most subsidies are made by the government to producers or distributed as subventions in an industry to prevent the decline of that industry (‘Subsidy’, 2012). Subsidies are used to cushion the price effect of products or commodities or services to the consumer; hence it is used to control price in an economy and ensure the consumer can afford such commodity. This paper seeks to examine the removal of fuel subsidy in the Nigerian Petroleum Industry recently. Crude oil, since its discovery in commercial quantity in 1956, has been the main economic stay of my country, Nigeria. Mbendi (2012) reveals that Nigeria is the 10th largest oil producer in…

British Petroleum

The history of BP was set in motion as the Anglo-Persian Oil Company in Persia in 1901. William Knox D’Arcy, an English entrepreneur hired George Reynolds, a geologist and explorer to dig Persia for oil. Reynolds could smell natural gas and was most certain they would hit oil. After several years and after D’Arcy had spent nearly all his savings and on the verge of losing his homes, he gave Reynolds one last attempt. The orders were to drill 1600 feet and give up. This took several months of trials and tribulations but eventually paid off on May 26, 1908 after drilling 1,108 feet. A fountain of oil was discharged. Within a year, the Anglo-Persian Oil Company now known as…