Crude Oil Pricing Regulation - Considerations For The Evaluation Of U.S. Petroleum Company Acquisition Candidates

1979 ◽  
Author(s):  
Philip C. Crouse ◽  
Michael L. Neely
Keyword(s):  
Crude Oil ◽  
Oil Pricing ◽  
Petroleum Company

scholarly journals Gaseous Emission from the Combustion of Dual Purpose Kerosene (DPK) from the Kaduna Refinery and Petroleum Company in Nigeria

2021 ◽  
Vol 1 (1) ◽  
Author(s):  
Oluwaseun Adedayo O
Keyword(s):  
Crude Oil ◽  
Air Pollutants ◽  
Petroleum Products ◽  
Gaseous Emissions ◽  
Dual Purpose ◽  
Gaseous Emission ◽  
Acceptable Limit ◽  
Regulatory Bodies ◽  
Petroleum Company ◽  
Stationary Sources

Kaduna Refinery and Petroleum Company convert crude oil and other liquids into refined petroleum products. These petroleum products are used in our various homes as a source of energy but they can be a threat to human lives and the ecosystem. Gaseous emissions from the combustion of DPK of different volumes from Kaduna Refining were characterized for gaseous air pollutants using the E8500 combustion analyzer. The concentrations for the gaseous emission from the combustion of DPK were 34.92mg/m3 HC, 21.67mg/m3 CO, 89.00mg/m3 NOx for 10 ml. 41.47mg/m3 HC, 33.33mg/ m3 CO, 118.33mg/m3 NOx for 20 ml. 52.3 mg/m3 HC, 49.33mg/m3 CO, 183.33mg/m3 NOx for 30 ml. 50.20mg/m3 HC, 33.00mg/m3 CO, 189.33mg/m3 NOx for 40 ml. 61.12mg/m3 HC, 40.62mg/m3 CO, 199.00mg/m3 NOx , 2.6 mg/m3 SO2 for 50 ml. This study shows that CO and HC exceeded the acceptable limit for stationary sources while NOx and SO2 were below the acceptable limit. Hence, there is a need for rapid response and urgent attention from government and regulatory bodies to put in place policies that will help minimize the effect of these emissions.

scholarly journals Bioremediation of Oil-Contaminated Brackish Salty Water and its Safe use in the Cultivation of Woody Trees and Economic Plants

2018 ◽  
Vol 1 (1) ◽  
Keyword(s):  
Crude Oil ◽  
Plant Species ◽  
Phragmites Australis ◽  
Growth Parameters ◽  
Economic Value ◽  
Growth Conditions ◽  
Polluted Water ◽  
Salty Water ◽  
Stable Growth ◽  
Petroleum Company

Oil-mining companies have to subject waste water to expensive treatment before it can be discharged on land or at sea to comply with environment regulations. This study aims at developing an economically valid and applied comprehensive solution that takes advantage of oil-contaminated brackish salty water disposed by the General Petroleum Company in Egypt, and maximizes its economic value and ensures its safe use in the environment. Three fields in Ras Sudr site of the company were inspected. Two main common plant species to Ras Sudr, Tamarix niloteca tree and Phragmites australis grass that is tolerant to salinity. These plants together with their associated bacteria of endophytes and rhizosphere that utilize crude oil as a carbon and energy source was considered a useful combination of bioremediation agents. Initially, soil characteristics were determined by analyzing soil samples taken at depths of 25cm and 50cm, and bacterial content of soil around the roots and within plant tissues was examined. Discharged water (@50 m3 day-1) was used in irrigating plant fields in amounts sufficient to plant needs only. Growth parameters of plants were assessed four times in an interval of two months. Preliminary results indicated that growth rates in plant length, number of branches and stem girth, and chlorophyll content of oil-polluted water irrigated plants of the two plant species were not significantly different (p≤0.05) of plants irrigated with fresh water. The number of bacteria in the soil increase9d significantly (p≥0.05) over time, and the color of residual oil in the soil was fading, indicating the its decomposition. Soil under Tamarix niloteca contained similar quantities of microorganisms in both coastal saline-alkali soil and inland arid region indicating that colonization of the plant provided stable growth conditions for microorganisms. These plants and endophytes and rhizosphere combination played the main rule in the in-situ bioremediation process, and were efficient in removing around 70 % of the initial traces of crude oil within two months. They also provide safe environment and romote plant growth. They were able to decompose hydrocarbons and residues of crude oil as they possess special physiological mechanisms (PGPR) turns polluted water to safe water for human and environment, and meanwhile achieving the objectives of this work. These results indicated that Tamarix niloteca and Phragmites australis are promising agents for treating oil-polluted salty wastewater in other fields of crude oil mining.

Crude oil price movements and their impact on South Africa

2006 ◽  
Vol 17 (4) ◽  
pp. 25-32 ◽  
Author(s):  
JC Nkomo
Keyword(s):  
South Africa ◽  
Crude Oil ◽  
South African ◽  
Oil Price ◽  
Supply Management ◽  
Crude Oil Price ◽  
The South ◽  
Starting Point ◽  
Price Movements ◽  
Oil Pricing

The purpose of this paper is to examine crude oil price movements and their impact on South Africa. A useful starting point is understanding the factors that have played a prominent role in influencing oil pricing. For this reason, I begin by focusing on OPEC producing countries and the challenges these countries face with supply management. After considering domestic oil pricing and accounting for fluctuations in crude oil price movements, I examine the domestic impact of oil price changes on the South African economy.

scholarly journals Transformation of the global oil pricing structure in the conditions of increasing competition of leading players in the oil market

2021 ◽  
Vol 258 ◽  
pp. 06064
Author(s):  
Pavel Katyukha ◽  
Angela Mottaeva
Keyword(s):  
Crude Oil ◽  
Global Economy ◽  
Institutional Changes ◽  
Financial Instrument ◽  
Oil Market ◽  
The World ◽  
Oil Pricing ◽  
Quality Production

The article proposed by the authors examines the competition between the world's leading producer countries in the context of changing the structure of global oil pricing. The global benchmarks for WTI, Brent and Dubai are the price benchmarks for all oil producing countries in the world, and all changes related to quality, production volumes and supply geography cause structural and institutional changes in the oil market. Crude oil plays an important role in the global economy not only as a commodity, but also as a financial instrument for the redistribution of income between the world’s largest financial players.

Crude oil pricing in the world market

1982 ◽  
Vol 10 (2) ◽  
pp. 1-5 ◽  
Author(s):  
M. J. Hwang
Keyword(s):  
Crude Oil ◽  
World Market ◽  
The World ◽  
Oil Pricing

U.S. Crude Oil Pricing“A Proposal

Challenge ◽  
1979 ◽  
Vol 22 (3) ◽  
pp. 36-38
Author(s):  
William P. Tavoulareas
Keyword(s):  
Crude Oil ◽  
Oil Pricing
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