Browse Items (227 total)

  • Tags: Investments

The international crude oil maritime transportation system has always been disturbed by the external environment and its own mechanism of supply and demand, which can sometimes last for a long time. BDTI (Baltic Exchange Dirty Tanker Index) is one of…

In the development of programs for delivering crude oil to Southern Europe, it is necessary to determine the trends in crude oil delivery and production and to analyze the capabilities of the crude oil transportation system. The global trend towards…

Crude evacuation to the export terminals takes more than 45% of the operating expenditure of some marginalfield operators (MFOs) in Nigeria. Many studies on marginal field investment focus more on compositeoperating cost analysis, hence overlooking…

The paper considers Russia's position in the system of European energy policy on the natural gas market. We have analyzed the interest in natural gas exports in the context of maintaining the energy security of EU countries, stimulating in turn the…

The rapid expansion of production of North American petroleum crude oil from shale has led to a significant increase in rail transport of crude oil. Broken rails are frequent causes of train accidents. Ultrasonic rail defect inspection is widely used…

The development of offshore heavy oil field need to reduce investment, energy consumption for oil and gas processing and transportation, we should improve the process, in order to simplify the process by using advanced technology, reduce processing…

The upheaval in global crude oil markets and the boom in shale oil production in North America brought scrutiny on the US export ban for crude oil from 1975. The ban was eventually lifted in early 2016. This paper examines the shifts of global trade…

Purpose: This paper aims to analyse the key trends in oil delivery and production and evaluate the capacities of crude oil transportation systems in the Western European region. Design/methodology/approach: To meet these goals, qualitative data…

Crude oil suppliers usually meet intercontinental demand through a fleet of ocean tankers, which not only have very high fixed and operating costs but also carry considerable financial risks because of the volatilities in oil demand and spot freight…

This paper examines the information content of risk-neutral moments to explain crude oil futures returns. Implied volatility and higher moments are extracted from observed crude oil option prices using a model-free implied volatility framework and…

Multiphase flow of oil, gas and water occurs in the petroleum industry from the reservoir to the processing units. The occurrence of heavy oils in the world is increasing significantly and points to the need for greater investment in the reservoirs…

Viscosity of oil in Qingdong-5 zone is high. It is difficult for oil-gas gathering and transportation, because transmission distance is long and there is no nearby facilities can rely on. In this paper, Qingdong-5 zone is taken as an example to study…

D oil field located at the west of Bohai Bay of China is characterized as a complex fluvial reservoir with multiple oil-water systems. It is classified as a marginal field because of the thin sand channels (average 12m), low oil columns(less than…

The present work analyses the lessons learnt from the Covid19 (Coronavirus) pandemic that could possibly apply to the energy sector, with a special focus to decarbonizing transport. Distinguishing between short/medium- and medium/long-term options,…

Over 70% of South Australia's demand today is supplied from renewable energy sources and is forecast to reach 100% by 2025, 7 years ahead of schedule. Large industries such as oil and gas have also transformed their vision to ensure utilization of…

The development of giant fields of extra-heavy crude oil (XHO), through the massive application of thermal EOR processes, involves investments of several millions of dollars. It is a technical challenge to evaluate, by means of numerical simulation,…

Due to loss of vapor from crude oil storage tanks, VOCs cause both environmental and revenue losses. The installation of a vapor recovery unit (VRU) on a storage tank helps to curb these emissions. An ejector vapor recovery unit (EVRU) is a modified…

This study investigates the recycling of used lubricating oil (ULO) by solvent extraction using a ternary solvent consisting of 2-propanol, 1-butanol and methyl ethyl ketone (MEK) followed by a vacuum distillation unit. In order to select the best…

The objective of the work is to develop technical measures for the reconstruction of a major gas condensate field processing facilities - central processing plant of Valanginian horizon raw gas of the Vostochno- Urengoyskoe gas condensate field…

Palm oil (olein) is one of the primary finished products produced from palm fruits in West Kalimantan Province. Olein or known as cooking oil was one of the primary downstream products produced from crude palm oil through refinery and fractionation…

We review the performance of di fferent technologies published in a recent patent by Ji and Bagajewicz (2007) aimed at increasing distillates yield. We also present different implementation schemes composed of various combinations of the two…

Tough environmental regulations, intense competition, expensive fossil energy use, and the strong growth predictions of the natural gas market have prompted efforts to retrofit the existing purification processes to reduce their energy requirements.…

Stripping fractionation is posed an advancing and promising process for gas condensate stabilization and desulfurization. Most of H2S, light mercaptan and part of organic sulfur are removed while the condensate is stabilized in same column, reducing…

Process economics and greenhouse gas (GHG) emissions are evaluated for the conversion of eleven (11) biomass feedstocks to produce transportation fuels via fast pyrolysis and then pyrolysis oil upgrading via hydrodeoxygenation. The biomass consists…

Stripping fractionation is posed an advancing and promising process for gas condensate stabilization and desulfurization. Most of H2S, light mercaptan and part of organic sulfur are removed while the condensate is stabilized in same column, reducing…

The great need for exploitation and application of natural gas over the long period of time boosts enormous demand for heating equipments. So it's extremely important to design and manufacture energy-saving and efficient natural gas heaters.…

Numerous reasons including lower carbon and sulfur emissions have led to the rapid growth of natural gas (NG) demand. However, more than one-third of world NG reserves are stranded, i.e., either remote (e.g., offshore) or in regions with saturated…

Current problems of Russian subsurface users (volatility of the global energy market, ambiguity in the behavior of traditional consumers, an increase in the share of alternative energy sources in the global fuel and energy balance, low level of…

The oil and gas industry represents an important contributor to CO2 emissions as offshore platforms are power intensive for producing, processing and transporting hydrocarbons. In offshore rigs CO2 emissions mainly come from on-site gas-fired power…

Currently, one of the main gas-producing regions in Russia is the Yamalo-Nenets autonomous district. Obviously, the efficiency of hydrocarbon fields development will affect the rate of the social-economic development of the entire region. In this…

Liquefied Petroleum Gas (LPG), a product of natural gas processing is a mixture of hydrocarbon gases mainly propane, butane, butylene and impurities such as Sulphur compounds. The production of LPG depends largely on available natural gas.…

The single expansion refrigeration process of turbo expanders is used in the Jiangyou light ends unit to recover C3+ components of natural gas produced from the Zhongba Gasfield, Sichuan Basin. At present, its natural gas processing capacity is 40104…

This work investigates the strategies by which natural gas can be harnessed from intercalated and/or marginal fields in a given resource base and made available to end-users at the barest cost, and at the shortest possible time, ensuring equitable…

Liquefied Petroleum Gas (LPG), a product of natural gas processing is a mixture of hydrocarbon gases mainly propane, butane, butylene and impurities such as Sulphur compounds. The production of LPG depends largely on available natural gas.…

This work investigates the strategies by which natural gas can be harnessed from intercalated and/or marginal fields in a given resource base and made available to end-users at the barest cost, and at the shortest possible time, ensuring equitable…

This work investigates the strategies by which natural gas can be harnessed from intercalated and/or marginal fields in a given resource base and made available to end-users at the barest cost, and at the shortest possible time, ensuring equitable…

The objective of the work is to develop technical measures for the reconstruction of a major gas condensate field processing facilities - central processing plant of Valanginian horizon raw gas of the Vostochno- Urengoyskoe gas condensate field…

This work investigates the strategies by which natural gas can be harnessed from intercalated and/or marginal fields in a given resource base and made available to end-users at the barest cost, and at the shortest possible time, ensuring equitable…

Natural gas is increasingly becoming the preferred choice of fuel for flexible electricity generation globally resulting in an electricity system whose reliability is progressively dependent on that of the natural gas transportation system. The…

China petroleum corporations have achieved great success in cross-M&A activities, including scale, power and pace, such as the acquisition of PetroKazakhstan by China National Petroleum Corporation (CNPC) in 2005. However, they have also suffered…

At present, pipeline natural gas (PNG) and liquefied natural gas (LNG) are the main technologies for natural gas storage and transportation. But it is not economic to explore those scattered, remote and limited high well-pressure gas fields by PNG…

The article describes special aspects of optimization modelling of low-carbon scenarios in the development of the gas industry in the Russian Federation, resulting from Russia's ratification of the Paris Climate Agreement in 2019. The authors review…

Natural Gas (NG), which represents 95% of the fuel mix in stationary power generation in Singapore, has been seen as the replacement of traditional pollutant-heavy fuels such as diesel. In the microgrid context, NG is a crucial raw material for…

Optimal sizing and operation of an energy storage system is important for economical and operational reasons. Oversized energy storage systems introduce high capital costs while undersized energy storage systems cannot satisfy the power demand in a…

In this paper, a model for allocating and calculating the optimal size of an energy storage system (ESS) in a microgrid will be proposed. A larger ESS requires higher investment costs while reduces the microgrid operating cost. The optimal ESS sizing…

The use of renewable energy sources (RES) for energy has increased rapidly in the last few years. This encourages the use of technologies to be integrated with RES to help in enhancing the power system reliability and reducing the total operation…

According to the plans of one of the global oil and gas (O&G) industry leaders, the integration of offshore wind power into offshore O&G platforms will become reality within the next three years. Although this implementation is going to set the…

This paper introduces a planning model that can be used by an investor who would like to provide ancillary services (AS) to electricity markets. The proposed model helps the investor evaluate two potential options: aggregating distributed batteries…

Desalination of seawater and river water is a known technology with the capability of addressing the needs for clean and clear water. The process has a unique capability of storage which has a nexus to energy storage. The concomitant potential for…

The great need for exploitation and application of natural gas over the long period of time boosts enormous demand for heating equipments. So it's extremely important to design and manufacture energy-saving and efficient natural gas heaters.…
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