INTRODUCTION:- IndianOil is India’s flagship national oil company with business interests straddling the entire hydrocarbon value chain – from refining‚ pipeline transportation and marketing of petroleum products to exploration & production of crude oil & gas‚ marketing of natural gas and petrochemicals. It is the leading Indian corporate in the Fortune ’Global 500’ listing‚ ranked at the 83rd position in the year 2012. With over 34‚233-strong workforce‚ IndianOil has been helping to
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Oil Drilling in Alaska There is believed to be between 5.7 and 16 billion barrels of recoverable crude oil in Alaska. The only thing holding us back from drilling there because it would damage a protected national wildlife refuge in the act killing many animals. The controversy of whether to drill there or not has been going on since around 1977. The last two presidents we had were on different sides of how they felt about the drilling. There are many positives to drilling in Alaska but for every
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Oil Futures Market in India There are primarily 3 major exchanges present in India * Multi Commodity Exchange of India Ltd (MCX) * India’s No. 1 commodity exchange (85% Market share)‚ 3rd largest in world in crude oil trades * Turnover of over Rs 90 Lakh Crore‚ daily turnover of Rs 10‚000 crore in crude alone * National Commodity and Derivative Exchange (NCDEX) * Ranked number 32nd in 2010 in the Futures Industry Association’s global list of top 53 derivatives exchanges
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Alex Bordeau P.6 3/27/16 Ms.Whittaker Exxon Oil Spill The Exxon Valdez oil spill occurred in Prince William Sound‚ Alaska‚ on March 24‚ 1989. Exxon Valdez‚ an oil tanker headed for Long Beach‚ California‚ struck Prince William Sound’s Bligh Reef at 12:04 am local time and spilled thousands of gallons of crude oil. Exxon Shipping Company failed to properly maintain the Raytheon Collision Avoidance System radar which‚ if functional would have identified that the ship was off course an heading
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OPEC Oil Embargo The Organization of Petroleum Exporting Countries (OPEC) was created in 1960 with the idea of unifying and protecting the interests of petroleum-producing countries. The members of this organization include: Iran‚ Iraq‚ Kuwait‚ Saudi Arabia‚ Venezuela‚ Qatar‚ Indonesia‚ Libya‚ The United Arab Emirates‚ Algeria‚ and Nigeria. Their goal was to slowly take over the function of the companies‚ at least in production‚ and then increase the amount of revenues they could retain. Despite
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steam distillation we can isolate eugenol at lower temperature than its usual boiling point of 248 degree Celsius. Eugenol belongs to a category called essential oil. Many of these compounds are used as flavoring and perfumes and in the past were considered the essence of plant from which they were derived. Structure of eugenol (clove oil) and eugenol acetate: Reagents: Eugenol‚ CH2Cl2‚ Br2‚ FeCl3‚ Methanol Procedure: Co-distillation We first combine 15 mL of water with 1 g of crushed
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Isolation of Essential Oils by Steam Distillation Procedure Part A Apparatus 1.) Using a 20- or 25-mL round-bottom flask (for distillation) and a 10-mL round-bottom flask (for collection) assemble a distillation apparatus 2.) Use an aluminum block to heat and insert a water condenser 3.) The collection flask may be immersed in ice to ensure condensation of the distillate Preparing the Spice 1.) Weigh approximately 1.0 g of your spice or herb onto a piece of weighing paper and record the exact
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Purpose of this experiment is to synthesis Banana oil by mixture of the isopentyl alcohol and acetic acid . Banana oil smells like fruit mostly it smells like banana. This reasons that this compound uses in different perfume products as well as the gums for the flavor. The reaction that takes place in this experiment is a esterification. In this experiment‚ the carboxyl group of the acetic acid joins with the hydroxyl group of the isopently alcohol‚ catalyzed by the presence of sulfuric acid
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Organization of Arab Petroleum Exporting Countries (OAPEC) which in turn placed an embargo on oil exports upon the United States because of the aid and arms that the United States was supplying Israel. This embargo caused fuel shortages such as gasoline which in turn caused fuel prices to soar throughout much of the 1970s. This was further amplified due to the decline of domestic oil production and the reliance on imported oil from abroad. It only took three months for the embargo to cause massive change in
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different products that may be derived from its various parts. All typical farms have fruit bearing coconut trees. A fully integrated mobile processing unit (diesel engine powered)‚ that can be hooked like a trailer‚ able to extract virgin coconut oil from coconut meat‚ coconut coir and coir dust from the husks‚ and charcoal from the shell‚ will benefit all small and medium sized coconut farmers. These 3 products are heavily traded in the global market. At present‚ farmers are limited to copra production
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