Search results
Results from the WOW.Com Content Network
The Oil Drum was published by the Institute for the Study of Energy and Our Future, a Colorado non-profit corporation. [2] The site was a resource for information on many energy and sustainability topics, including peak oil, and related concepts such as oil megaprojects, Hubbert linearization, and the Export Land Model.
Some statistics on this page are disputed and controversial—different sources (OPEC, CIA World Factbook, oil companies) give different figures. Some of the differences reflect different types of oil included. Different estimates may or may not include oil shale, mined oil sands or natural gas liquids.
Bardi is a researcher on materials for new energy sources, a contributor to the now-defunct website, "The Oil Drum".He is the co-founder and former president of ASPO Italy, a member of the scientific committee of the Association for the Study of Peak Oil and Gas [] (ASPO), [3] a member of the Club of Rome, [4] and author of several books, including The Limits to Growth Revisited.
The deeper the source, the "drier" the gas (that is, the smaller the proportion of condensates in the gas). Because both oil and natural gas are lighter than water, they tend to rise from their sources until they either seep to the surface or are trapped by a non-permeable stratigraphic trap. They can be extracted from the trap by drilling.
Top 5 oil-producing countries 1980–2022 World oil production. This is a list of countries by oil production (i.e., petroleum production), as compiled from the U.S. Energy Information Administration database for calendar year 2023, tabulating all countries on a comparable best-estimate basis.
The country officially nationalized its oil industry on 1 January 1976 at the site of Zumaque oilwell 1 (Mene Grande), and along with it came the birth of Petróleos de Venezuela S.A. (PDVSA) which is the Venezuelan state-owned petroleum company. All foreign oil companies that once did business in Venezuela were replaced by Venezuelan companies.
Petroleum is a non-renewable energy source (also known as a "fossil fuel"), so the efficacy of extraction and refining is important for its continued use; multiple techniques are used to detect and to extract crude oil, based on the source rock it is found in and the type of oil itself. [1]
Following extraction, petroleum companies prefer to transport both crude oil and APG to their respective refiners for processing and distribution to consumers. Most modern wells are planned to include gas pipeline transport , but some oil wells are drilled only to get the more lucrative oil, in which case the options are to locally use, process ...