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List Of Petroleum Companies

Posted by Mr Wellhead Labels:

This is a selected list of petroleum companies in alphabetical order.


Reference: Wikipedia, the free encyclopedia

Saturday, November 29, 2008 | 0 Comments

The Organization of the Petroleum Exporting Countries (OPEC)

Posted by Mr Wellhead Labels:

The Organization of the Petroleum Exporting Countries (OPEC) is a permanent, intergovernmental Organization, created at the Baghdad Conference on September 10–14, 1960, by Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. The five Founding Members were later joined by nine other Members: Qatar (1961); Indonesia (1962); Socialist Peoples Libyan Arab Jamahiriya (1962); United Arab Emirates (1967); Algeria (1969); Nigeria (1971); Ecuador (1973) – suspended its membership from December 1992-October 2007; Angola (2007) and Gabon (1975–1994). OPEC had its headquarters in Geneva, Switzerland, in the first five years of its existence. This was moved to Vienna, Austria, on September 1, 1965.

OPEC's OBJECTIVE
OPEC's objective is to co-ordinate and unify petroleum policies among Member Countries, in order to secure fair and stable prices for petroleum producers; an efficient, economic and regular supply of petroleum to consuming nations; and a fair return on capital to those investing in the industry.

OPEC's MISSION
OPEC's mission is to coordinate and unify the petroleum policies of Member Countries and ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers and a fair return on capital to those investing in the petroleum industry.

CLICK HERE TO OPEC'S OFFICIAL WEBSITE

Saturday, November 29, 2008 | 0 Comments

Crude Oil Product

Posted by Mr Wellhead Labels:

  1. Petroleum gas - used for heating, cooking, making plastics
  2. Naphtha or Ligroin - intermediate that will be further processed to make gasoline
  3. Gasoline - motor fuel
  4. Kerosene - fuel for jet engines and tractors; starting material for making other products
  5. Gas oil or Diesel distillate - used for diesel fuel and heating oil; starting material for making other products
  6. Lubricating oil - used for motor oil, grease, other lubricants
  7. Heavy gas or Fuel oil - used for industrial fuel; starting material for making other products
  8. Residuals - coke, asphalt, tar, waxes; starting material for making other products

Friday, November 28, 2008 | 0 Comments

About Oil Refining

Posted by Mr Wellhead Labels:

The problem with crude oil is that it contains hundreds of different types of hydrocarbons all mixed together. You have to separate the different types of hydrocarbons to have anything useful. Fortunately there is an easy way to separate things, and this is what oil refining is all about.


Different hydrocarbon chain lengths all have progressively higher boiling points, so they can all be separated by distillation. This is what happens in an oil refinery - in one part of the process, crude oil is heated and the different chains are pulled out by their vaporization temperatures. Each different chain length has a different property that makes it useful in a different way

Friday, November 28, 2008 | 0 Comments

Hydrocarbons In Crude Oils

Posted by Mr Wellhead Labels:

The major classes of hydrocarbons in crude oils include:

  1. Paraffins
  2. Aromatics
  3. Napthenes or Cycloalkanes
  4. Alkenes
  5. Dienes and Alkynes
There are two things that make hydrocarbons exciting to chemists:

  • Hydrocarbons contain a lot of energy. Many of the things derived from crude oil like gasoline, diesel fuel, paraffin wax and so on take advantage of this energy.
  • Hydrocarbons can take on many different forms. The smallest hydrocarbon is methane (CH4), which is a gas that is a lighter than air. Longer chains with 5 or more carbons are liquids. Very long chains are solids like wax or tar. By chemically cross-linking hydrocarbon chains you can get everything from synthetic rubber to nylon to the plastic in tupperware. Hydrocarbon chains are very versatile!

Friday, November 28, 2008 | 0 Comments

Crude Oil Futures Define Crude Oil

Posted by Mr Wellhead Labels:

Before we start let me introduce you the meaning of the crude oil itself, it has facts but sometime being subjective to people.

Crude Oil can be define as:

Summary of Crude Oil Definition.

Crude oil is the term for "unprocessed" oil, the stuff that comes out of the ground. It is also known as petroleum. Crude oil is a fossil fuel, meaning that it was made naturally from decaying plants and animals living in ancient seas millions of years ago -- most places you can find crude oil were once sea beds. Crude oils vary in color, from clear to tar-black, and in viscosity, from water to almost solid.

Crude oils are such a useful starting point for so many different substances because they contain hydrocarbons. Hydrocarbons are molecules that contain hydrogen and carbon and come in various lengths and structures, from straight chains to branching chains to rings. -Read More-

Friday, November 28, 2008 | 0 Comments

Crude Oil Futures Opening Post.

Posted by Mr Wellhead Labels:

Thanks you readers for this very great moment that you in here..

I am wondering now:

  1. How you could find my blog " Crude oil Futures" actually?
  2. Do you engineer, crew, leader or anybody who involve on this black gold industries?
  3. What is you Background?
  4. Do you get useful information here?
I am still thinking who are you my readers but no matter who you are you could be someone who likes to take note about some info related to crude oil. Spend your time, visit my page and give feedback by comment. Sharing information is good yeah.

Thanks You & Best Regard
"Crude Oil Futures Blog"

Friday, November 28, 2008 | 0 Comments

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