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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), Brent Crude from the North Sea, and Dubai Crude from UAE, 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 Acquisit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Heavy Crude Oil
Heavy crude oil (or extra heavy crude oil) is highly viscous oil that cannot easily flow from production wells under normal reservoir conditions. It is referred to as "heavy" because its density or specific gravity is higher than that of light crude oil. Heavy crude oil has been defined as any liquid petroleum with an API gravity less than 20°. Physical properties that differ between heavy crude oils and lighter grades include higher viscosity and specific gravity, as well as higher molecular weight hydrocarbon composition. In 2010, the World Energy Council (WEC) defined extra heavy oil as crude oil having a gravity of less than 10° and a reservoir viscosity of more than 10,000 centipoises. When reservoir viscosity measurements are not available, extra-heavy oil is considered by the WEC to have a lower limit of 4° API. In other words, oil with a density greater than 1000 kg/m3 (or a specific gravity greater than 1) and a reservoir viscosity of more than 10,000 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Equatorial Guinea
Equatorial Guinea, officially the Republic of Equatorial Guinea, is a country on the west coast of Central Africa. It has an area of . Formerly the colony of Spanish Guinea, its post-independence name refers to its location both near the Equator and in the Guinea (region), African region of Guinea. , the country had a population of 1,795,834, over 85% of whom are members of the Fang people, the country's dominant ethnic group. The Bubi people, indigenous to Bioko, are the second largest group at approximately 6.5% of the population. Equatorial Guinea consists of two parts. The mainland region, Río Muni, is bordered by Cameroon to the north and Gabon to the south and east. It has the majority of the population and is the location of Bata, Equatorial Guinea, Bata, Equatorial Guinea's largest city, and Ciudad de la Paz, the country's planned future capital. Río Muni's small offshore islands include Corisco, Elobey Grande, and Elobey Chico. The Islands of Equatorial Guinea, ins ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Libya
Libya, officially the State of Libya, is a country in the Maghreb region of North Africa. It borders the Mediterranean Sea to the north, Egypt to Egypt–Libya border, the east, Sudan to Libya–Sudan border, the southeast, Chad to Chad–Libya border, the south, Niger to Libya–Niger border, the southwest, Algeria to Algeria–Libya border, the west, and Tunisia to Libya–Tunisia border, the northwest. With an area of almost , it is the 4th-largest country in Africa and the Arab world, and the List of countries and outlying territories by total area, 16th-largest in the world. Libya claims 32,000 square kilometres of southeastern Algeria, south of the Libyan town of Ghat, Libya, Ghat. The largest city and capital is Tripoli, Libya, Tripoli, which is located in northwestern Libya and contains over a million of Libya's seven million people. Libya has been inhabited by Berber people, Berbers since the late Bronze Age as descendants from Iberomaurusian and Capsian cultures. I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Qatar
Qatar, officially the State of Qatar, is a country in West Asia. It occupies the Geography of Qatar, Qatar Peninsula on the northeastern coast of the Arabian Peninsula in the Middle East; it shares Qatar–Saudi Arabia border, 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. Most of the land area is 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 an agreement with Britain in 1868 that recognised its separate status. Following Ottoman Empire, 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, legislative, and judicial authority in an autocratic manner under ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 (NOC) was 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 an investmeant of around $2 billion into the oil field between 2017 and 2022, and QatarEnergy announced that total investments into the field would be around $3.5 billion. From 1992 – 2017, the Al Shaheen Oil Field was 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 to further develop the second phase of the field up to 2020, including the erection of three new wellhead platforms and three bridges. Corporate structure NOC is led by chief executive officer Fr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Novorossiysk
Novorossiysk (, ; ) 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 designated by the Soviet Union as a Hero City. The population was History In antiquity, the shores of the Tsemes Bay were the site of Bata (), 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 England following the Norman Conquest. Alexios offered land to these refugees in ''Thema Khersonos'' if they cou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kazakhstan
Kazakhstan, officially the Republic of Kazakhstan, is a landlocked country primarily in Central Asia, with a European Kazakhstan, small portion in Eastern Europe. It borders Russia to the Kazakhstan–Russia border, north and west, China to the China–Kazakhstan border, east, Kyrgyzstan to the Kazakhstan–Kyrgyzstan border, southeast, Uzbekistan to the Kazakhstan–Uzbekistan border, south, and Turkmenistan to the Kazakhstan–Turkmenistan border, southwest, with a coastline along the Caspian Sea. Its capital is Astana, while the largest city and leading cultural and commercial hub is Almaty. Kazakhstan is the world's List of countries and dependencies by area, ninth-largest country by land area and the largest landlocked country. Steppe, Hilly plateaus and plains account for nearly half its vast territory, with Upland and lowland, lowlands composing another third; its southern and eastern frontiers are composed of low mountainous regions. Kazakhstan has a population of 20 mi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Somaliland
Somaliland, officially the Republic of Somaliland, is an List of states with limited recognition, unrecognised country in the Horn of Africa. It is located in the southern coast of the Gulf of Aden and bordered by Djibouti to the northwest, Ethiopia to the south and west, and Somalia to the east. Its claimed territory has an area of , with approximately 6.2 million people as of 2024. The capital and largest city is Hargeisa. Various Somali Muslim kingdoms were established in the area during the early Islamic period, including in the 14th to 15th centuries the Zeila-based Adal Sultanate. In the early modern period, successor states to the Adal Sultanate emerged, including the Isaaq Sultanate which was established in the middle of the 18th century. In the late 19th century, the United Kingdom signed agreements with various clans in the area, establishing the British Somaliland, Somaliland Protectorate, which was formally granted independence by the United Kingdom as the Sta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nigeria
Nigeria, 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 in the Atlantic Ocean to the south. It covers an area of . With Demographics of Nigeria, a population of more than 230 million, it is the List of African countries by population, most populous country in Africa, and the List of countries and dependencies by population, world's sixth-most populous country. Nigeria borders Niger in Niger–Nigeria border, the north, Chad in Chad–Nigeria border, the northeast, Cameroon in Cameroon–Nigeria border, the east, and Benin in Benin–Nigeria border, the west. Nigeria is a Federation, federal republic comprising 36 States of Nigeria, states and the Federal Capital Territory, Nigeria, Federal Capital Territory, where its capital, Abuja, is located. The List of Nigerian cities by population, largest city in Nigeria by population is Lagos, one of the largest List of largest cities, metr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chevron Corporation
Chevron Corporation is an American multinational energy corporation predominantly specializing in oil and gas. 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 active in more than 180 countries. Within oil and gas, Chevron is vertically integrated and is involved in hydrocarbon exploration, production, refining, marketing and transport, chemicals manufacturing and sales, and power generation. Founded originally in Southern California during the 1870s, the company was then based for many decades in San Francisco, California, before moving its corporate offices to San Ramon, California, in 2001; on August 2, 2024, Chevron announced that it would be relocating its headquarters from California to Houston, Texas. Chevron traces its history back to the second half of the 19th century to small California-based oil companies which were acquired by Standard and merged into St ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dubai
Dubai (Help:IPA/English, /duːˈbaɪ/ Help:Pronunciation respelling key, ''doo-BYE''; Modern Standard Arabic, Modern Standard Arabic: ; Emirati Arabic, Emirati Arabic: , Romanization of Arabic, romanized: Help:IPA/English, /diˈbej/) is the List of cities in the United Arab Emirates#Major cities, most populous city in the United Arab Emirates and the capital of the Emirate of Dubai. It is located on a Dubai Creek, creek on the south-eastern coast of the Persian Gulf, Persian Gulf. As of 2025, the city population stands at 4 million, 92% of whom are Expatriates in the United Arab Emirates, expatriates. The wider urban area includes Sharjah and has a population of 5 million people as of 2023,https://www.demographia.com/db-worldua.pdf while the Dubai–Sharjah–Ajman metropolitan area counts 6 million inhabitants. Founded in the early 18th century as a Cultured pearl, pearling and fishing settlement, Dubai became a regional trade hub in the 20th century after declaring itself a f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
