The over-dependence on crude oil revenues has caused the economic recession in oil-producing countries due to plummeting oil prices and global pandemic. Most host communities of crude oil deposits suffer from a lack of infrastructure, arable soils, clean water, and their functioning capabilities are...
Australia exports most of the oil produced in the country. In 2023, around 16bn liters of crude oil was exported.
Iraq ranks as the Middle East’s second-largest crude oil exporter, generating $111 billion in revenue in 2022, representing 7.62% of global oil exports. With the fifth-largest oil reserves globally, its top export destinations included India, China, the United States, South Korea, and Greece....
Crude oil prices in the Asian markets were mostly found to be rangebound during the second quarter of the year 2024. After a striking rise in the first quarter, the crude oil began the second quarter on a stable note. Tensions in the Middle East are persistent, yet the clash between Iran...
There is no such thing as an oil price that is too high for oil companies and most announced expansion plans in domestic and far-flung oilfields, including those in north, west, south and east Africa, are being funded by the current heyday price bonanza. Africa is home to about 9% of...
Munyes said so far Tullow Oil has transported 87,000 barrels of crude oil from Lokichar in Turkana to Mombasa’s Kenya Oil Refineries Limited tanks for storage. The country will only be able to make its first crude oil shipment after hitting the 200,000 barrels. ...
Potential synergies of drop-in biofuel production with further co-processing at oil refineries Drop‐in biofuels have been defined as functionally equivalent to petroleum‐based transportation fuels and are fully compatible with the existing petroleu... S Van Dyk,J Su,JD Mcmillan,... - 《Biofuels...
The most recent four week running average for net crude oil imports, as a percentage of crude oil inputs, in US refineries is consistent with what we have seen for a while, 43%. This would seem to be inconsistent with a large build in actual crude oil (45 and lower) inventories, and...
demand for small crude oil refineries Application Oil refining is based on the difference of oil and the impurities in the physical and chemical properties, separate the grease and impurity by professional technical ways, in order to improve the oil e...
demand for small crude oil refineries The oil processed by the refining machine has a transparent color, no precipitation after long-term storage, no foam and no oily fume when cooking, can meet the edible oil standard, can be directly filled and sold, and...