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Most of the members are major international banks or bullion dealers and refiners. The physical characteristics of gold and silver bars used in settlement in market is described by the Good Delivery specification which is a set of rules issued by the LBMA. It also puts forth requirements for listing on the LBMA Good Delivery List of approved ...
LBMA Good Delivery refiners produce 400-ounce gold bars or 1000 ounce silver bars (also known as ‘large’ or ‘market’ bars) that conform to the strict specifications described in the Good Delivery Rules. The Good Delivery Rules defines what is acceptable when it comes to the appearance and the shape of the bars themselves.
This is a list of oil refineries.The Oil & Gas Journal publishes a worldwide list of refineries annually in a country-by-country tabulation that includes for each refinery: location, crude oil daily processing capacity, and the size of each process unit in the refinery.
The single largest concentration of refineries is along the Gulf Coast. [12] Although there are refineries in 30 states, just three states dominate US refining: Texas (47 operating refineries), Louisiana (19), and California (18). As of January 2015, these three states contain 45% of all US refineries and 59% of all US refining capacity. [13]
Much of California’s early oil discoveries were in the form of asphalt also known as bitumen a sticky, black and highly viscous liquid or semi-solid form of petroleum. It was found in natural deposits and by processing it became a refined product. Some cities in California started asphalting their streets in the 1870s to keep down dust and mud.
Wilmington Oil Field Structure Map Wilmington Oil Field Geologic Cross Section The field was discovered with the Ranger Petroleum Corp.'s Watson No. 2 well in 1932, which flowed at 150 bbl per day, and the broad anticline structure itself was discovered in 1936 by the General Petroleum Corp.'s Terminal No. 1 well based on a Reflection ...
Rand Refinery (Pty) Limited is the world's largest integrated single-site precious metals refining and smelting complex. It was established in 1920 to refine gold within South Africa , which had previously been refined in London .
Because state waters extend only 3 miles (4.8 km) from shore on the east coast of Florida, the legislation would have affected only state waters on the Gulf coast of the state, where state waters extend out to 10.5 statute miles (16.9 km) from shore. The bill passed the Florida House in April 2009, but died soon after in the Florida Senate. [31]