We estimated oil supply from hydraulically fractured horizontal wells completed in North Dakota March 2015 through May 2019. modeled impacts on production of price, capital costs, technological progress, well-to-well interference, and location. Two models were developed: One considered to be a continuous stream (omitting gaps) the other allowed that may discontinuous, with starts, shut-ins, re-...

A number of oil market experts argue that OPEC members substantially overreport their reserves. The potential damage for the world economy calls for an analysis of the motives and the preconditions for successful misreporting of natural resource reserves. Based on a signalling game within an international trade model, this article develops a framework for such an analysis. Exporting countries w...

This paper aims to study decomposition behavior in pyrolytic environment of four lignocellulosic biomass (oil palm shell, oil palm frond, rice husk and paddy straw), and two commercial components of biomass (pure cellulose and lignin), performed in a thermogravimetry analyzer (TGA). The unit which consists of a microbalance and a furnace flowed with 100 cc (STP) min Nitrogen, N2 as inert. Heati...

Studying alternative raw materials for biodiesel production is of major importance. The use of mixtures with incorporation of wastes is an environmental friendly alternative and might reduce biodiesel production costs. The objective of the present work was: (i) to study biodiesel production using waste frying oil mixed with pork lard and (ii) to understand how mixture composition influences bio...

Nano MgO has been synthesized by hydration and dehydration method by modifies the commercial MgO. The prepared MgO had been investigated as a heterogeneous base catalyst for transesterification process for biodiesel production using palm oil. TGA, FT-IR and XRD results obtained from this study lie each other and proved in the formation of nano MgO from decomposition of Mg(OH)2. This study prove...

We consider whether a newspaper article count index related to the organization of petroleum exporting countries (OPEC), which rises in response important OPEC meetings and events connected with production levels, contains predictive power for foreign exchange rates G10 countries. The applied Bayesian inference methodology synthesizes wide array established approaches modelling rate dynamics, w...

The relation between the climate regulation and the multilateral trade regime is a rising issue in the field of international governance. This article presents the options available to OPEC economies related to this. It analyses the option of introducing a carbon tax or border adjustment measures in the core of the WTO regime. It demonstrates that this option is not sustainable for both institu...

The relevance of this study lies in the fact that modern oil market is characterized by instability and high competition. Depletion fields, deterioration equipment for production, price volatility political conflicts negatively affect Russia’s position global energy market. New economic conditions 2021 are associated with a decrease demand products, import dependence, conservation wells to comp...