The oil industry meet the internship report preface Sometimes the wind and rain‚ even if the sun is shining is not also young soldier muttered angrily‚ Qingdao the weather always like this comfortable. Suddenly‚ came to the seaside city has a year of time‚ this time the oil industry cognition practice‚ give this year was the perfect end. In order to to the oil industry specializing in the production of establish perceptual knowledge and consolidate what they have learned theory knowledge‚ cultivate
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INTRODUCTION: The natural resources of any nation‚ particularly the minerals‚ often constitute the lion share of the nation ’s wealth. It is known that oil and gas sector is driving sector of any oil producing country’s economy; this is particularly true of the OPEC nations including Nigeria. The oil and gas Industry is divided into three major sectors namely the upstream‚ midstream and downstream. Nigeria has an abundance of oil and gas resources to justify subsidized and‚ in fact
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reorganization RAFIROM‚ PECO and PETROTRANS‚ which were merged and have stopped working. Romanian Oil Company owned all the ten refineries in Romania‚ with extraction fields‚ warehouses and petrol stations(1996). In 1997 the Romanian Oil Company‚ which owned all ten refineries in Romania‚ with extraction fields‚ warehouses and petrol stations‚ was divided between the eight refineries functioning on their own‚ the rest falling assets owned National Company Petroleum (SNP) Board. In 1999 it achieved the
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Africa and Spain. During the Muslim Agricultural Revolution‚ Arab entrepreneurs adopted the techniques of sugar production from India and then refined and transformed them into a large-scale industry. Arabs set up the first large scale sugar mills‚ refineries‚ factories and plantations. Sugar was only discovered by western Europeans as a result of the Crusades in the 11th Century AD. Crusaders returning home talked of this "new spice" and how pleasant it was. The first sugar was recorded in England
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more areas in the Philippines through installations and depots set up in strategic points throughout the country. -1954 Caltex buil the first petroleum refinery. -1957 Stanvac begins construction of a Bataan refinery‚ later grouped under Bataan Refining Corporation. -1959 Filoil‚ first Filipino-owned oil refinery‚ is created. -1962 Esso Standard Eastern takes over Stanvac. -1971 (R. A. 6173‚ the “Oil Industry Commission.”) Regulation of the oil industry
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company’s economic needs. While‚ in general‚ crude oil is fungible‚ one crude oil can be substituted for another‚ many refineries are optimized by refining crude oil with specific qualities Also‚ depending on the global crude oil market condition at the time‚ the price difference between heavy and light crude oils varies‚ thus changing the economic dynamics for different refineries. Therefore‚ many factors determine the
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oxygen‚ sulphur‚ toluene‚ and xylene. This mixture results in a dark‚ yellow‚ greasy liquid. Within crude oil‚ there are many different types of fuel that are used for different objects‚ depending on the number of carbon bonds. Some of these fuels are refinery gas‚ petrol‚ paraffin‚ diesel‚ residue‚ etc. It is possible to extract all these types of substances using a
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The Rise of Big Business in America Danny Weiss FS American Economic History Before the rise of modern corporations‚ business owners predominantly personally managed most private economic operations. These small-scale operations had little influence outside their regional realm. Eventually‚ American capitalism evolved from a proprietary-competitive stage to a corporate-administered stage as a result of numerous factors. Economies of scale became more applicable with innovations in transportation
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Revealed: 2013’s top 20 EPC contractors 14/10/13 12:00 PM Revealed: 2013’s top 20 EPC contractors Arabian Oil & Gas Staff ‚ July 17th‚ 2013 1 Petrofac US$12 billion project backlog and constant award momentum sees regional dominance continue for irrepressible EPC giant Despite E&P spending reviews across much of the GCC energy business‚ one firm has continued to outstrip the competition to once again top the Oil & Gas Middle East Top EPC Contractors Annual List. In the period between
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the oil prices is going up excessively. “Libya is one of the world’s primary sources of the much-sought-after sweet crude‚ preferred by refineries” (Sheridan‚ 2011). The demand for oil is very high‚ and Libya crisis makes the situation even tenser since it is unpredictable when its situation is going to be stable again. According to reports‚ most of the refineries in Libya have been shut down. The latest report in the price of a barrel of oil in the United States is near $109; in some states‚ the
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