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List Of Crude Oil Products
In the international petroleum industry, crude oil products are traded on various oil bourses based on established chemical profiles, delivery locations, and financial terms. The chemical profiles, or crude oil assays, specify important properties such as the oil's API gravity. The delivery locations are usually sea ports close to the oil fields from which the crude was obtained (and new fields are constantly being explored), and the pricing is usually quoted based on FOB (''free on board'', without consideration of final delivery costs). Benchmarks The three most quoted oil products are North America's West Texas Intermediate crude (WTI), North Sea Brent Crude, and the UAE Dubai Crude, and their pricing is used as a barometer for the entire petroleum industry, although, in total, there are 46 key oil exporting countries. Brent Crude is typically priced at about $2 over the WTI Spot price, which is typically priced $5 to $6 above the EIA's Imported Refiner Acquisition Cost ...
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Crude Oil Map
Crude can refer to: * Crude oil or simply crude, the unprocessed form of petroleum * Crude (2007 film), ''Crude'' (2007 film), an Australian documentary about the geology and economics of crude oil * Crude (2009 film), ''Crude'' (2009 film), an American documentary about oil companies and lawsuits in Ecuador * Crude (album), ''Crude'' (album), by Bongshang, 1993 * Crude (comic), ''Crude'' (comic), a comic book series by Steve Orlando and Garry Brown * Oklahoma Crude, a former National Indoor Football League team {{Disambiguation ...
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Shetland
Shetland, also called the Shetland Islands and formerly Zetland, is a subarctic archipelago in Scotland lying between Orkney, the Faroe Islands and Norway. It is the northernmost region of the United Kingdom. The islands lie about to the northeast of Orkney, from mainland Scotland and west of Norway. They form part of the border between the Atlantic Ocean to the west and the North Sea to the east. Their total area is ,Shetland Islands Council (2012) p. 4 and the population totalled 22,920 in 2019. The islands comprise the Shetland constituency of the Scottish Parliament. The local authority, the Shetland Islands Council, is one of the 32 council areas of Scotland. The islands' administrative centre and only burgh is Lerwick, which has been the capital of Shetland since 1708, before which time the capital was Scalloway. The archipelago has an oceanic climate, complex geology, rugged coastline, and many low, rolling hills. The largest island, known as " the Mainland", ...
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United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ...
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Libya
Libya (; ar, ليبيا, Lībiyā), officially the State of Libya ( ar, دولة ليبيا, Dawlat Lībiyā), is a country in the Maghreb region in North Africa. It is bordered by the Mediterranean Sea to the north, Egypt to the east, Sudan to the southeast, Chad to the south, Niger to the southwest, Algeria to the west, and Tunisia to the northwest. Libya is made of three historical regions: Tripolitania, Fezzan, and Cyrenaica. With an area of almost 700,000 square miles (1.8 million km2), it is the fourth-largest country in Africa and the Arab world, and the 16th-largest in the world. Libya has the 10th-largest proven oil reserves in the world. The largest city and capital, Tripoli, is located in western Libya and contains over three million of Libya's seven million people. Libya has been inhabited by Berbers since the late Bronze Age as descendants from Iberomaurusian and Capsian cultures. In ancient times, the Phoenicians established city-states and tradin ...
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Qatar
Qatar (, ; ar, قطر, Qaṭar ; local vernacular pronunciation: ), officially the State of Qatar,) is a country in Western Asia. It occupies the Qatar Peninsula on the northeastern coast of the Arabian Peninsula in the Middle East; it shares its sole land border with Saudi Arabia to the south, with the rest of its territory surrounded by the Persian Gulf. The Gulf of Bahrain, an inlet of the Persian Gulf, separates Qatar from nearby Bahrain. The capital is Doha, home to over 80% of the country's inhabitants, and the land area is mostly made up of flat, low-lying desert. Qatar has been ruled as a hereditary monarchy by the House of Thani since Mohammed bin Thani signed a treaty with the British in 1868 that recognised its separate status. Following Ottoman rule, Qatar became a British protectorate in 1916, and gained independence in 1971. The current emir is Tamim bin Hamad Al Thani, who holds nearly all executive and legislative authority under the Constituti ...
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North Oil Company (Qatar)
North Oil Company (NOC) is a crude oil and natural gas company based in Qatar. History The creation of the North Oil Company has been announced in June 2016 by QatarEnergy as a joint venture with TotalEnergies (30%) to develop and operate the Al Shaheen oil field for 25 years. Operations along with production, sale and export of crude oil started on July 14, 2017. TotalEnergies announced to invest around $2 billion into the oilfield between 2017 – 2022 and QatarEnergy announced that total investments into the field would be around $3.5 billion. From 1992 – 2017, the Al Shaheen Oil Field had been developed and operated by Maersk Oil. In July 2017, the first crude tanker from Al Shaheen was loaded. In November 2018, it was announced that PetroVietnam was contracted by NOC in order to further develop the second phase of the field, including the erection of three new wellhead platforms and three bridges until 2020. Corporate structure NOC is led by chief executive officer Frede ...
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Novorossiysk
Novorossiysk ( rus, Новоросси́йск, p=nəvərɐˈsʲijsk; ady, ЦIэмэз, translit=Chəməz, p=t͡sʼɜmɜz) is a city in Krasnodar Krai, Russia. It is one of the largest ports on the Black Sea. It is one of the few cities honored with the title of the Hero City. Population: History In antiquity, the shores of the Tsemes Bay were the site of Bata ( el, Μπάτα), an ancient Greek colony that specialized in the grain trade. It is mentioned in the works of Strabo and Ptolemy, among others. Following brief periods of Roman and Khazar control, from the 9th century onwards, the area was part of the Byzantine θέμα Χερσῶνος ''Thema Khersonos'' (Province of Cherson). During the 11th century, the area was overrun and controlled by nomads from the Eurasian steppe, led by the Cumans. Later that century, the Byzantine emperor Ἀλέξιος Κομνηνός Alexios I Komnenos ( r. 1081–1118) was approached by Anglo-Saxon refugees, who had left Engl ...
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Kazakhstan
Kazakhstan, officially the Republic of Kazakhstan, is a transcontinental country located mainly in Central Asia and partly in Eastern Europe. It borders Russia to the north and west, China to the east, Kyrgyzstan to the southeast, Uzbekistan to the south, and Turkmenistan to the southwest, with a coastline along the Caspian Sea. Its capital is Astana, known as Nur-Sultan from 2019 to 2022. Almaty, Kazakhstan's largest city, was the country's capital until 1997. Kazakhstan is the world's largest landlocked country, the largest and northernmost Muslim-majority country by land area, and the ninth-largest country in the world. It has a population of 19 million people, and one of the lowest population densities in the world, at fewer than 6 people per square kilometre (15 people per square mile). The country dominates Central Asia economically and politically, generating 60 percent of the region's GDP, primarily through its oil and gas industry; it also has vast minera ...
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Nigeria
Nigeria ( ), , ig, Naìjíríyà, yo, Nàìjíríà, pcm, Naijá , ff, Naajeeriya, kcg, Naijeriya officially the Federal Republic of Nigeria, is a country in West Africa. It is situated between the Sahel to the north and the Gulf of Guinea to the south in the Atlantic Ocean. It covers an area of , and with a population of over 225 million, it is the most populous country in Africa, and the world's sixth-most populous country. Nigeria borders Niger in the north, Chad in the northeast, Cameroon in the east, and Benin in the west. Nigeria is a federal republic comprising of 36 states and the Federal Capital Territory, where the capital, Abuja, is located. The largest city in Nigeria is Lagos, one of the largest metropolitan areas in the world and the second-largest in Africa. Nigeria has been home to several indigenous pre-colonial states and kingdoms since the second millennium BC, with the Nok civilization in the 15th century BC, marking the first ...
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Chevron Corporation
Chevron Corporation is an American multinational energy corporation. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California (shortened to Socal or CalSo), it is headquartered in San Ramon, California, and active in more than 180 countries. Chevron is engaged in every aspect of the oil and natural gas industries, including hydrocarbon exploration and production; refining, marketing and transport; chemicals manufacturing and sales; and power generation. Chevron traces its history back to the 1870s. The company grew quickly after the breakup of Standard Oil by acquiring companies and partnering with others, especially Texaco. Socal was one of the Seven Sisters that dominated the global petroleum industry from the mid-1940s to the 1970s. In 1985, Socal merged with the Pittsburgh-based Gulf Oil and rebranded as Chevron; the newly-merged company later merged with Texaco in 2001. Today, Chevron manufactures and sells ...
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Dubai
Dubai (, ; ar, دبي, translit=Dubayy, , ) is the most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, the most populated of the 7 emirates of the United Arab Emirates.The Government and Politics of the Middle East and North Africa. D Long, B Reich. p.157 Established in the 18th century as a small fishing village, the city grew rapidly in the early 21st century with a focus on tourism and luxury, having the second most five-star hotels in the world, and the tallest building in the world, the Burj Khalifa, which is tall. In the eastern Arabian Peninsula on the coast of the Persian Gulf, it is also a major global transport hub for passengers and cargo. Oil revenue helped accelerate the development of the city, which was already a major mercantile hub. A centre for regional and international trade since the early 20th century, Dubai's economy relies on revenues from trade, tourism, aviation, real estate, and financial services.
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Sour Crude Oil
Sour crude oil is crude oil containing a high amount of the impurity sulfur. It is common to find crude oil containing some impurities. When the total sulfur level in the oil is more than 0.5% (by weight), the oil is called "sour". The impurities need to be removed before this lower-quality crude can be refined into petrol, thereby increasing the cost of processing. This results in a higher-priced gasoline than that made from sweet crude oil. Current environmental regulations in the United States strictly limit the sulfur content in refined fuels such as diesel and gasoline. The majority of the sulfur in crude oil occurs bonded to carbon atoms, with a small amount occurring as elemental sulfur in solution and as hydrogen sulfide gas. Sour oil can be toxic and corrosive, especially when the oil contains higher levels of hydrogen sulfide, which is a breathing hazard. At low concentrations the gas gives the oil the smell of rotting eggs. For safety reasons, sour crude oil needs to be ...
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