Essays on Petroleum Industry

In the past ten years, our country has faced numerous disasters that have had a significant impact on our economy, society, and finances. One such crisis occurred in the Gulf of Mexico when British Petroleum’s underwater pipeline called Deepwater Horizon suffered a catastrophic failure. As a result, hundreds of thousands of barrels of petroleum were…

Petroleum Industry in INDIA Indian Petroleum Industry started its journey during the fiscal year 1890 in the north-eastern provinces of India especially in the place called Digboi. The production of petroleum along with the exploration of new sites was primarily restricted to north-eastern India up to the 1970s. But the scenario changed drastically with the…

Discussion: Continuous distillation, a form of distillation, is an ongoing separation in which a mixture is continuously (without interruption) fed into the process and separated fractions are removed continuously as output streams. A distillation is the separation or partial separation of a liquid feed mixture into components or fractions by selective boiling (or evaporation) and…

enezuela’s proven oil reserves are among the top ten in the world. Oil generates about 80 percent of the country’s total export revenue, contributes about half of the central government’s income, and is responsible for about one-third of the country’s gross domestic product (GDP). Increases in world oil prices in recent years have allowed Venezuelan…

PCRA aims at making oil conservation a national movement. As part of its mandate, PCRA is entrusted with the task of creating awareness amongst the masses about the importance, methods and benefits of conserving petroleum products & emission reduction. To take the message to the people, PCRA uses all possible and effective media for mass…

BP is often associated with a green gas station and gas pumps, but it has a rich history of over 100 years. Originally known as British Petroleum and the Anglo-Persian Oil Company, it was established in 1908 by William D’Arcy, a wealthy British individual who dedicated his entire savings to the pursuit of oil in…

Organization of Petroleum Exporting Countries (OPEC) has been called many names; monopoly, oligopoly, cartel, or all of the above. Reading further will give information on to why OPEC is an oligopoly. To give you a brief background on OPEC, explain to you how OPEC acts like a cartel and of why OPEC is a successful…

Executive Summary This case study report examined a public relation management problem that British Petroleum (BP) faced since the oil spill accident happened in April, 2010. In addition, this thesis recommended possible solutions and implementation plans for BP to deal with the public crisis. On April 20, the explosion on the Deepwater Horizon drilling rig…

One of the world’s worldwide largest and well-known oil companies is British Petroleum Plc (BP). BP grants its customers with alternative energies such as fuel, gas, petrochemical products for everyday stuffs. Even though, the company wishes to act upon on corporate social responsibility, for instance reducing its carbon dioxide (CO2) emissions they still succumb due…

Introduction: This landmark instance seeks to interrupt the risk-reward trade off involved in ciphering Capital Cost. The object of the solution must be to minimise undertaking hazards while maximising undertaking chances available. We want a rate and a evaluation system that does non unnecessarily reject “the best available undertakings – i. e. highest net positive…