Occidental Petroleum CEO discusses what a Biden administration could mean for the oil industry CEO of Occidental Petroleum Vicki Hollub spoke to Steve Sedgwick at the Adipec 2020 conference about the outlook for the oil industry, given Democrat Joe Biden’s projected win of the U.S....
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PartI:Whatispetroleumandwhereisitfound?HoustonGeologicalSocietyAcademicLiaisonCommittee 2 WhatisPetroleum?Anatural,yellow-to-black,flammable,liquidhydrocarbonfoundbeneaththeearth’ssurface HoustonGeologicalSocietyAcademicLiaisonCommittee 3 TheOriginofPetroleum Organic-richSourceRock ThermallyMaturedOrganicMatter Oil Houston...
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Crude oil is a mixture of gas, naphtha, kerosene, light gas, and residuals, which can cause hazardous health effects if consumed by any life form. Increased Oil Production And Rise In Oil Spill Accidents The production of petroleum products rose from 500 million tons in 1950 to over 2,500...
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Petroleum, also called crude oil, is a naturally occurring liquid found beneath the earth’s surface that can be refined into fuel. A fossil fuel, petroleum is created by the decomposition of organic matter over time and used as fuel to power vehicles, heating units, and machines, and can ...
Oil is often called “black gold,” yet crude oil has a range of viscosity and can vary in color from black to yellow depending on its hydrocarbon composition.13Distillation, the process by which oil is heated and separated into different components, is the first stage in refining. Crude Oil...