Colt developed the design basis memorandum (FEL 2) and basic engineering package (FEL 3). The scope of the project included a new S-Zorb unit, SO2 recovery process (CANSOLV) modifications to two FCCU...

Twin Valley Co-op Ltd. supplies bulk fuel from our Manitoba branch locations in Russell, Rossburn, Birtle, Miniota and Elkhorn. We also run out of Welwyn, Saskatchewan....

Every time an election is held for any office, the subject of ANWR Drilling, America’s dependence on petroleum and the politics of oil and gas eventually comes up in discussion. To understand the debate...

petrole

When deposit exploitation is concerned, the Offshore Petroleum and Gas industries are interested in characterizing the first few dozens of meters of sediment, essentially for:Assessing the installation...

Panic at the pumps

TERRIFIED motorists and shoppers were forced to flee for their lives yesterday after a petrol station caught fire near a busy supermarket and threatened to EXPLODE.A car, van and petrol pump burst into...

The world map of oil

Even inside or related to the oil industry, an increasing number of personalities who do not approve the war of resources, have said they favored detailed and transparent reconsideration of energy provisioning at world level. In fact, many voices have demanded an organization, as independent as possible, to control the distribution of the world energy. Both, the said ecologist Yves Cochet and liberal Matthew Simmons have requested,...

Oil Industry: Wanted: Engineers, Geologists

Elizabeth Souder’s intriguing article in The Dallas Morning News suggested that “This is a great time to look for a job in the oil industry.” She reports that the current high oil prices have and aging industry workforce have increased enrollment in petroleum engineering and geology programs. Before applying to petrotechnical programs or sending resumes to oil companies, prospective industry employees would be well-advised to...

Dropping Dollar Prompts Basis Change

OPEC members, Iran and Venezuela, have recently called for changing the currency basis for crude oil from US dollars to Euros. What’s behind this move? The following graph shows the FOB prices of OPEC...

Oil Imports and High Prices Contribute to Trade Deficit

According to The Dallas Morning News of November 14, 2007, U.S. crude oil imports in 2006 were $225.2 billion. These imports accounted for 27.6% of the 2006 trade deficit of $817 billion. The U.S. had trade deficits with the OPEC countries led by Saudi Arabia, Venezuela and Venezuela. The U.S. had a $103.8 billion deficit with Saudi Arab...

Will History Repeat Itself?

Over the period 2001-2006 * World oil consumption increased by 6.9 million b/d or 9% * Demand growth in China accounted for 37% of the volume * Increased consumption in the United States contributed...

PetroChina Knocks ExxonMobil Out of First

PetroChina has become the world's largest public oil and gas company at $980 billion according to the Dallas Morning News. Its valuation is four times that of ExxonMobil. PetroChina ranked 13th in oil equivalent reserves based on 2005 figures. National oil companies occupy the top spots led by Saudi Arabian Oil Company with over 300 billion barrels. Last year PetroChina had 20.5 billion barrels compared to ExxonMobil's 22.1 billion...

New and Old Beam Pumps

Somertimes when we think that something is a "modern" invention, it turns out to have been around a lot longer. Take for example, the beam pump, a staple of oilfield production since the early 20th century....

How High Will Prices Go?

With crude oil prices in the $90 range, the average motorist is wondering how high gasoline prices will go. Crude oil spot prices were $94.16/B (West Texas Intermediate at Cushing, OK on 10/31/07) and...

The word Petroleum is derived from two words Petra meaning rock and oleum meaning oil. The oil occurs naturally in porous rocky strata in liquid form is the crude oil....