Oil is the lifeblood of the industrial economy, oil prices are affected by many factors. China is a major industrial country, changes in the price of oil will affect many aspects of economic development, and therefore the price of crude oil research is extremely important. In this paper, monthly average prices of crude oil in Daqing from January 2000 to December 2010 are utilized to do the rese...

This study explores how Norway, as a latecomer to oil production, was able to develop both effective oil companies and an internationally competitive oil service industry. The article focuses on two rather distinct phases: the protectionist phase, in which a strong focus on local content fostered skilled Norwegian oil companies as well as a national oil service industry, and the phase of libera...

A steam distillation extraction kinetics experiment was conducted to estimate essential oil yield, composition, antimalarial, and antioxidant capacity of cumin (Cuminum cyminum L.) seed (fruits). Furthermore, regression models were developed to predict essential oil yield and composition for a given duration of the steam distillation time (DT). Ten DT durations were tested in this study: 5, 7.5...

Oil Shale One alternative source of energy is the extraction of the organic components of oil shale to yield oil and gas. shale deposits occur throughout the United States.. The release of the energy yielding organic fraction from oil shale has been brought about by retorting the oil shale at temperatures above 500° C and distillating the organic material. in the form of spent oil shale ash. A ...

We introduce a novel approach to estimating latent oil risk factors and establish their significance in pricing non-oil securities. Our model, which features four factors with simple economic interpretations, is estimated using both derivative prices and oil-related equity returns. The fit is excellent in and out of sample. The extracted oil factors carry significant risk premia, and are signif...

In oil and gas industry, oil is produced from wells drilled into the oil reservoirs. A thorough understanding and characterization of the subsurface is crucial to sustainable management of a reservoir. The subsurface, however, is largely heterogeneous and oil is not present everywhere. For our study area, the reservoir rock is categorized as three facies: brine sand, oil sand and shale, and it ...

Oil spill or leakage into waterways and ocean spreads very rapidly due to the action of wind and currents. The study of the behavior and movement of these oil spills in sea had become imperative in describing a suitable management plan for mitigating the adverse impacts arising from such accidents. But the inherent difficulty of discriminating between oil spills and lookalikes is a main challen...

The Deepwater Horizon (DWH) oil spill led to rapid microbial community shifts in the Gulf of Mexico, including the formation of unprecedented quantities of marine oil snow (MOS) and of a massive subsurface oil plume. The major taxa that bloomed in sea surface oil slicks during the spill included Cycloclasticus, and to a lesser extent Halomonas, Alteromonas, and Pseudoalteromonas-organisms that ...

New lubricant which can dissolve with ammonia refrigerant was developed. PAG based oil was found to be dissolved with ammonia and to have fine stability. It contributes to realize maintenancefree refrigerating system because oil returning are possible. It also helps to reduce refrigerant amount because of improvement of thermal conductivity. Ammonia refrigerant will be focused more as an altern...

Oil spill patterns detected from Envisat ASAR images were integrated with hydrodynamic and oil spill trajectory models for the purposes of understanding the August 11, 2006 M/T Solar 1 oil spill, and to evaluate the accuracy of the oil spill patterns simulated by an oil trajectory model. The oil spill incident event that occurred a few kilometers southwest of Guimaras Island in Panay Gulf and I...