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Commercial crude oil stock pile. The Strategic Petroleum Reserve (SPR) is an emergency stockpile of petroleum maintained by the United States Department of Energy (DOE). It is the largest publicly known emergency supply in the world; its underground tanks in Louisiana and Texas have capacity for 714 million barrels (113,500,000 m 3). [1]
The Party's Over: Oil, War, and the Fate of Industrial Societies, New Society Press ISBN 0-86571-482-7; Matthew R. Simmons. Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy, Wiley (June 10, 2005), ISBN 0-471-73876-X; David MacKay. Sustainable Energy - without the hot air, UIT Cambridge (May 2009), ISBN 9780954452933
The company expects to retire $3.7 billion of debt through 2026, which will reduce interest expenses by $180 million. Meanwhile, the company's midstream business has several high-cost contracts ...
Bharat Petroleum Corporation Limited (BPCL) is an Indian public sector oil and gas company, headquartered in Mumbai. It is India's second-largest government-owned downstream oil producer, whose operations are overseen by the Ministry of Petroleum and Natural Gas. It operates three refineries in Bina, Kochi and Mumbai. [4]
A natural gas glut in the US has sent prices for the commodity tumbling to multi-decade lows, down 43% over the past year.At West Texas's key trading spot, the Waha Hub, prices have been negative ...
Bharat PetroResources (BPRL) is a wholly-owned subsidiary of Bharat Petroleum Corporation, a central public sector undertaking company functioning under the Ministry of Petroleum and Natural Gas, Government of India. [1]
The special efforts and corporate strategies put in place by Jain, after joining on 31.12.2005, yielded the much awaited turnaround of the Company. BPCL achieved a net profit of ₹1.84 crores during Financial Year 2005-06 after accounting for interest amounting to ₹135 million as against a loss of ₹108.6 million during previous year 2004-05.
The Permian Basin covers more than 86,000 square miles (220,000 km 2), [1] and extends across an area approximately 250 miles (400 km) wide and 300 miles (480 km) long. [2] The Texas cities of Midland, Odessa and San Angelo serve as headquarters for some of the oil production activities in the basin.