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Petroleum Essay Examples

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Exxon Valdez – Continuing Case

Many years ago, Raymond Baumhart the greatest sociologist questioned organization people, “What does ethics mean to the business world?” Some people believe that Ethics is a kind of feeling which would give the knowledge about right or wrong situation on the basis of religious beliefs. While other argues the prior view admitting that it simply…

Petroliam Nasional Berhad

Overview Petroliam Nasional Berhad (Petronas) is Malaysia ‘s national petroleum company. Over the years, it has become a fully-integrated oil and gas corporation with operations in more than 30 countries worldwide. It is ranked among Fortune Global 500’s largest corporations in the world. The company delivered another record performance for the fiscal year ended March,…

Various Methods of Transportation in the Supply Chain

Transportation is defined as the movement of people, materials or products from one location to another. “Transport is important since it enables trade between people, which in turn establishes civilizations.” Logistics is referred to as both the freight and inventory management (i.e. planning, execution and control) as well as the warehousing of materials and products…

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The Keystone XL Pipeline

The Keystone pipeline is a pipeline that will carry 900,000 barrels of a mixture of synthetic crude oil and a combination of bitumen and diluents. This pipeline already goes from Canada to Missouri, but plans are in place to extend this pipeline down to refineries in Texas and then out to the Gulf Coast. There…

The Prize: The Power Play for Oil

The world has been forcibly changed by the discovery, invention or innovation of various things throughout history, as food items, weapons and even techniques have shaped world history. However, oil stands as perhaps the premier thing to ever shape history, as oil has remained a mainstay within the global power struggle for centuries. Daniel Yergin…

Primary Sector

Primary Sector – this involves acquiring raw materials. For example, metals and coal have to be mined, oil drilled from the ground, rubber tapped from trees, foodstuffs farmed and fish trawled. This is sometimes known as extractive production. Secondary – this is the manufacturing and assembly process. It involves converting raw materials into components, for…

Industrial Training

ABSTRACT Student industrial work experience scheme (SIWES) was established by the I.T.F. in 1973 to solve problem of lack of adequate practical skills needed for employment in industries by Nigeria graduates of tertiary or higher institution. It is a skilled training program that is designed to expose and prepare student for the industrial situation they…

Has OPEC been a Successful Cartel?

A cartel is an organisation of producers grouped together for their own benefit. The most well known cartel in existence today is OPEC, Organisation of Petroleum Exporting Countries. Its members are some (but not all) of the most important oil producing countries including Saudi Arabia and Mexico. Most cartels try to raise prices at the…

John D Rockefeller as a captain of Industry

John D Rockefeller, founder of standard oil was a captain of industry, he was led to the path of efficiency through his mother and father when he was younger; this helped him grow into one of the biggest companies of the time. He soon started Standard Oil and became a billionaire. Despite the robber barren…

Stakeholders for BP (British Petroleum)

The diagram below (Figure 1.1) is a representation of some of the multifaceted relationships between BP and its publics/stakeholders. It is clear that the assortment of communication channels used to reach key publics is somewhat diverse. Whilst consumers and investors are perhaps most likely to be the primary focus, these two groups are highly influenced…

Sodium-24 Analysis

1 & 2. Sodium-24 is an isotope used in medicine and the mining industry, as it is a gamma emitter. It is used for studies of electrolytes within the body, and also to locate leaks in industrial pipelines and oil well studies. 3. Half-life of Sodium-24 is 14.96 hours, and it takes a further 149.6…

Production Functions and Cost Functions in Oil Pipelines

1. For an 18-inch pipeline designed for 150,000 barrels per day, what is the short-run cost per barrel (per thousand miles) of transporting crude oil if the throughput is (a) 50,000 barrels per day (b) 100,000 barrels per day (c) 150,000 barrels per day? Using chart 7, a) Cost of transporting 50,000 barrels would be…

Petroleum Engineering

Petroleum engineering is a field of engineering concerned with the activities related to the production of crude oil or natural gas. Crude oil is a truly nontoxic, natural, and biodegradable product. It is the most important natural resource of the industrialized nations. It can generate heat, drive machinery and fuel vehicles and airplanes. Its components…

Fossil Fuels and Alternative Energy Resource

Using the textbooks, the University Library, or other resources, answer each of the following questions in 150 to 200 words. 1. Select a fossil fuel. How is this fossil fuel used? What are the adverse effects on the environment? Orimulsion. This is a fossil fuel that has just began to become popular as recent as…

Xpresso Lube’s service package

1.Describe the Xpresso Lube’s service package? Xpresso Lube’s service package being unique and first of its kind provides various other services other than lube oil change. It provides for a range of coffees, a waiting area with good interiors, music system and reading material appealing to different interests. In the core area of operations (lube…

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