WorldWideScience

Sample records for crude oil markets

  1. Forecasting volatility of crude oil markets

    Energy Technology Data Exchange (ETDEWEB)

    Kang, Sang Hoon [Department of Business Administration, Gyeongsang National University, Jinju, 660-701 (Korea); Kang, Sang-Mok; Yoon, Seong-Min [Department of Economics, Pusan National University, Busan, 609-735 (Korea)

    2009-01-15

    This article investigates the efficacy of a volatility model for three crude oil markets - Brent, Dubai, and West Texas Intermediate (WTI) - with regard to its ability to forecast and identify volatility stylized facts, in particular volatility persistence or long memory. In this context, we assess persistence in the volatility of the three crude oil prices using conditional volatility models. The CGARCH and FIGARCH models are better equipped to capture persistence than are the GARCH and IGARCH models. The CGARCH and FIGARCH models also provide superior performance in out-of-sample volatility forecasts. We conclude that the CGARCH and FIGARCH models are useful for modeling and forecasting persistence in the volatility of crude oil prices. (author)

  2. Crude Oil Spot Price Forecasting Based on Multiple Crude Oil Markets and Timeframes

    Directory of Open Access Journals (Sweden)

    Shangkun Deng

    2014-04-01

    Full Text Available This study proposes a multiple kernel learning (MKL-based regression model for crude oil spot price forecasting and trading. We used a well-known trend-following technical analysis indicator, the moving average convergence and divergence (MACD indicator, for extracting features from original spot prices. Additionally, we factored in the possibility that movements of target crude oil prices may be related to other important crude oil markets besides the target market for the prediction time horizon since traders may find price movement information within other relevant crude oil markets useful. We also considered multiple timeframes in this study since trends may differ across different timeframes and, in fact, traders may use their own timeframes. Therefore, for forecasting target crude oil prices, this study emphasizes on features pertaining to other important crude oil markets and different timeframes in addition to features of the target crude oil market and target timeframe. Moreover, the MKL framework has been used to fuse information extracted from different sources and timeframes of the same data source. Experimental results show that out-of-sample forecasting using the MKL method is superior to benchmark methods in terms of root mean square error (RMSE and average percentage profit (APP. They also show that the information from multiple timeframes is useful for prediction, but that from another crude oil market is not.

  3. Alberta oil sands crudes : upgrading and marketing

    Energy Technology Data Exchange (ETDEWEB)

    Ashar, M. [Suncor Energy, Fort McMurray, AB (Canada)

    2008-05-15

    Open pit mining and in situ techniques, such as steam stimulation, are used to recover Alberta's bitumen and heavy oil resources, which have higher viscosities than conventional hydrocarbons. The bitumen is typically upgraded to synthetic crude oil (SCO). In the simplest processing scheme, the bitumen is blended with diluent for ease in pipeline transport and then processed at refineries with upgrading facilities. The bitumen is also upgraded to light SCO at world-scale upgraders in Alberta. The SCO is then processed at refineries in downstream markets. The 2 categories of upgrading, notably primary and secondary upgrading, were described in this article along with technology options for both categories. Slurry hydrocracking is regarded as the most interesting emerging residual fuel upgrading technology. It combines special catalyst mixes with the latest slurry reactor designs as well as innovative catalyst capture and recycle schemes to produce very high conversions and potentially superior upgrading economics. The increase in volume and rate of SCO from Alberta provides refiners in the oil sands marketing sector an unprecedented choice of opportunities to improve profitability. Key trends indicate that production will increase substantially from 2008 to 2030. 5 figs.

  4. Modelling conditional correlations for risk diversification in crude oil markets

    NARCIS (Netherlands)

    C-L. Chang (Chia-Lin); M.J. McAleer (Michael); R. Tansuchat (Roengchai)

    2009-01-01

    textabstractThis paper estimates univariate and multivariate conditional volatility and conditional correlation models of spot, forward and futures returns from three major benchmarks of international crude oil markets, namely Brent, WTI and Dubai, to aid in risk diversification. Conditional

  5. Analysis of OPEC's Monopoly in Crude Oil Market

    Institute of Scientific and Technical Information of China (English)

    2006-01-01

    This article briefly and historically reviews the polices of the Organization of Petroleum Exporting Countries(OPEC) and analyzes the factors that facilitate or hinder OPEC's monopoly in the crude oil market. The industrial concentration ratio is chosen to measure OPEC's monopoly power based on the data from 1986 to 2004. It is concluded that OPEC possesses a long-standing cartel foundation and a rather strong monopoly in the world crude oil market. At the same time, there are unstable factors that influence and even weaken OPEC's monopoly.

  6. Measuring efficiency of international crude oil markets: A multifractality approach

    Science.gov (United States)

    Niere, H. M.

    2015-01-01

    The three major international crude oil markets are treated as complex systems and their multifractal properties are explored. The study covers daily prices of Brent crude, OPEC reference basket and West Texas Intermediate (WTI) crude from January 2, 2003 to January 2, 2014. A multifractal detrended fluctuation analysis (MFDFA) is employed to extract the generalized Hurst exponents in each of the time series. The generalized Hurst exponent is used to measure the degree of multifractality which in turn is used to quantify the efficiency of the three international crude oil markets. To identify whether the source of multifractality is long-range correlations or broad fat-tail distributions, shuffled data and surrogated data corresponding to each of the time series are generated. Shuffled data are obtained by randomizing the order of the price returns data. This will destroy any long-range correlation of the time series. Surrogated data is produced using the Fourier-Detrended Fluctuation Analysis (F-DFA). This is done by randomizing the phases of the price returns data in Fourier space. This will normalize the distribution of the time series. The study found that for the three crude oil markets, there is a strong dependence of the generalized Hurst exponents with respect to the order of fluctuations. This shows that the daily price time series of the markets under study have signs of multifractality. Using the degree of multifractality as a measure of efficiency, the results show that WTI is the most efficient while OPEC is the least efficient market. This implies that OPEC has the highest likelihood to be manipulated among the three markets. This reflects the fact that Brent and WTI is a very competitive market hence, it has a higher level of complexity compared against OPEC, which has a large monopoly power. Comparing with shuffled data and surrogated data, the findings suggest that for all the three crude oil markets, the multifractality is mainly due to long

  7. AN INVESTIGATION OF SOME HEDGING STRATEGIES FOR CRUDE OIL MARKET

    Directory of Open Access Journals (Sweden)

    Andre Assis de Salles

    2013-01-01

    Full Text Available This paper examines the performance of bivariate volatility models for the crude oil spot and future returns of the WTI type barrel prices. Besides the volatility of spot and future crude oil barrel returns time series, the hedge ratio strategy is examined through the hedge effectiveness. Thus this study shows hedge strategies built using methodologies applied in the variance modelling of returns of crude oil prices in the spot and future markets, and covariance between these two market returns, which correspond to the inputs of the hedge strategy shown in this work. From the studied models the bivariate GARCH in a Diagonal VECH and BEKK representations was chosen, using three different models for the mean: a bivariate autoregressive, a vector autoregressive and a vector error correction. The methodologies used here take into consideration the denial of assumptions of homoscedasticity and normality for the return distributions making them more realistic.

  8. Modelling conditional correlations for risk diversification in crude oil markets

    NARCIS (Netherlands)

    C-L. Chang (Chia-Lin); M.J. McAleer (Michael); R. Tansuchat (Roengchai)

    2009-01-01

    textabstractThis paper estimates univariate and multivariate conditional volatility and conditional correlation models of spot, forward and futures returns from three major benchmarks of international crude oil markets, namely Brent, WTI and Dubai, to aid in risk diversification. Conditional correla

  9. Multifractal detrended cross-correlations between crude oil market and Chinese ten sector stock markets

    Science.gov (United States)

    Yang, Liansheng; Zhu, Yingming; Wang, Yudong; Wang, Yiqi

    2016-11-01

    Based on the daily price data of spot prices of West Texas Intermediate (WTI) crude oil and ten CSI300 sector indices in China, we apply multifractal detrended cross-correlation analysis (MF-DCCA) method to investigate the cross-correlations between crude oil and Chinese sector stock markets. We find that the strength of multifractality between WTI crude oil and energy sector stock market is the highest, followed by the strength of multifractality between WTI crude oil and financial sector market, which reflects a close connection between energy and financial market. Then we do vector autoregression (VAR) analysis to capture the interdependencies among the multiple time series. By comparing the strength of multifractality for original data and residual errors of VAR model, we get a conclusion that vector auto-regression (VAR) model could not be used to describe the dynamics of the cross-correlations between WTI crude oil and the ten sector stock markets.

  10. Market Efficiency in the Crude Oil Futures Market - an Empirical Study after the Shale Oil Revolution

    OpenAIRE

    Lade, Ragne Myrhol

    2016-01-01

    This thesis has studied efficiency in the crude oil futures market for WTI and the Brent Blend for a period including the “shale oil revolution”. The main objective was to provide new information by investigating a period in time not much explored in already published articles. Furthermore, the thesis sought to close a gap of earlier empirical studies performed, by combining the two crude oil types and including up to 6 months maturities for futures contracts, while at the same time having a ...

  11. Modeling the global market for crude oil and forecasting the price: a comprehensive study

    OpenAIRE

    Behmiri, Niaz Badhiri

    2013-01-01

    Crude oil prices before 1970 were under control by multinational monopolist oil companies; from 1970 to 1986 OPEC administered pricing system determined crude oil prices; and from 1986 to the present, crude oil prices are determined by a market-linked pricing mechanism or demand-to-supply ratio, taking in account a set of many other factors, such as economic, political, financial, technological, meteorological and oil reserves. As in a market-linked pricing mechanism, the main determinant fac...

  12. Price dynamics of crude oil and the regional ethylene markets

    Energy Technology Data Exchange (ETDEWEB)

    Masih, Mansur [Department of Finance and Economics, Center of Research Excellence in Renewable Energy, King Fahd University of Petroleum and Minerals, Dhahran (Saudi Arabia); Algahtani, Ibrahim [Department of Finance and Economics, King Fahd University of Petroleum and Minerals, Dhahran (Saudi Arabia); De Mello, Lurion [Faculty of Business and Economics, Macquarie University, Sydney (Australia)

    2010-11-15

    This paper is the first attempt to investigate: (1) is the crude oil (WTI) price significantly related to the regional ethylene prices in the Naphtha intensive ethylene markets of the Far East, North West Europe, and the Mediterranean? (2) What drives the regional ethylene prices? The paper is motivated by the recent and growing debate on the lead-lag relationship between crude oil and ethylene prices. Our findings, based on the long-run structural modelling approach of Pesaran and Shin, and subject to the limitations of the study, tend to suggest: (1) crude oil (WTI) price is cointegrated with the regional ethylene prices (2) our within-sample error-correction model results tend to indicate that although the ethylene prices in North West Europe and the Mediterranean were weakly endogenous, the Far East ethylene price was weakly exogenous both in the short and long term. These results are consistent, during most of the period under review (2000.1-2006.4) with the surge in demand for ethylene throughout the Far East, particularly in China and South Korea. However, during the post-sample forecast period as evidenced in our variance decompositions analysis, the emergence of WTI as a leading player as well, is consistent with the recent surge in WTI price (fuelled mainly, among others, by the strong hedging activities in the WTI futures/options and refining tightness) reflecting the growing importance of input cost in determining the dynamic interactions of input and product prices. (author)

  13. Global market trade policy analysis for petroleum oils and oils obtained from bituminous minerals, crude

    Directory of Open Access Journals (Sweden)

    Bagheri, F.

    2012-01-01

    Full Text Available This article is based on surveying the custom tariffs imposed on the world export market of Petroleum Oils and Oils Obtained from Bituminous Minerals, Crude. We obtained the data according to the most updated available data provided online by UNCTAD and World Bank. The results indicate that none of the 142 countries in the world market of this product have imposed non-tariff trade barriers on the import of Petroleum Oils and Oils Obtained from Bituminous Minerals, Crude. The developed countries and the countries with transition economies are the main world import partners. European Union, United States, China, Japan, South Korea, Canada, Singapore, Taiwan, Thailand, South Africa, Australia, Turkey, Brazil, Sweden and Belarus are the examples and have imposed low custom tariffs on Petroleum Oils and Oils Obtained from Bituminous Minerals, Crude.

  14. Extreme-volatility dynamics in crude oil markets

    Science.gov (United States)

    Jiang, Xiong-Fei; Zheng, Bo; Qiu, Tian; Ren, Fei

    2017-02-01

    Based on concepts and methods from statistical physics, we investigate extreme-volatility dynamics in the crude oil markets, using the high-frequency data from 2006 to 2010 and the daily data from 1986 to 2016. The dynamic relaxation of extreme volatilities is described by a power law, whose exponents usually depend on the magnitude of extreme volatilities. In particular, the relaxation before and after extreme volatilities is time-reversal symmetric at the high-frequency time scale, but time-reversal asymmetric at the daily time scale. This time-reversal asymmetry is mainly induced by exogenous events. However, the dynamic relaxation after exogenous events exhibits the same characteristics as that after endogenous events. An interacting herding model both with and without exogenous driving forces could qualitatively describe the extreme-volatility dynamics.

  15. Speculation and volatility spillover in the crude oil and agricultural commodity markets: A Bayesian analysis

    Energy Technology Data Exchange (ETDEWEB)

    Du Xiaodong, E-mail: xdu23@wisc.ed [Department of Agricultural and Applied Economics, University of Wisconsin-Madison, WI (United States); Yu, Cindy L., E-mail: cindyyu@iastate.ed [Department of Statistics, Iowa State University, IA (United States); Hayes, Dermot J., E-mail: dhayes@iastate.ed [Department of Economics and Department of Finance, Iowa State University, IA (United States)

    2011-05-15

    This paper assesses factors that potentially influence the volatility of crude oil prices and the possible linkage between this volatility and agricultural commodity markets. Stochastic volatility models are applied to weekly crude oil, corn, and wheat futures prices from November 1998 to January 2009. Model parameters are estimated using Bayesian Markov Chain Monte Carlo methods. Speculation, scalping, and petroleum inventories are found to be important in explaining the volatility of crude oil prices. Several properties of crude oil price dynamics are established, including mean-reversion, an asymmetry between returns and volatility, volatility clustering, and infrequent compound jumps. We find evidence of volatility spillover among crude oil, corn, and wheat markets after the fall of 2006. This can be largely explained by tightened interdependence between crude oil and these commodity markets induced by ethanol production.

  16. Volatility spillovers in US crude oil, ethanol, and corn futures markets

    NARCIS (Netherlands)

    Trujillo Barrera, A.A.; Mallory, M.; Garcia, P.

    2012-01-01

    This article analyzes recent volatility spillovers in the United States from crude oil using futures prices. Crude oil spillovers to both corn and ethanol markets are somewhat similar in timing and magnitude, but moderately stronger to the ethanol market. The shares of corn and ethanol price variabi

  17. Volatility spillovers in US crude oil, ethanol, and corn futures markets

    NARCIS (Netherlands)

    Trujillo Barrera, A.A.; Mallory, M.; Garcia, P.

    2012-01-01

    This article analyzes recent volatility spillovers in the United States from crude oil using futures prices. Crude oil spillovers to both corn and ethanol markets are somewhat similar in timing and magnitude, but moderately stronger to the ethanol market. The shares of corn and ethanol price

  18. Volatility spillovers in US crude oil, ethanol, and corn futures markets

    NARCIS (Netherlands)

    Trujillo Barrera, A.A.; Mallory, M.; Garcia, P.

    2012-01-01

    This article analyzes recent volatility spillovers in the United States from crude oil using futures prices. Crude oil spillovers to both corn and ethanol markets are somewhat similar in timing and magnitude, but moderately stronger to the ethanol market. The shares of corn and ethanol price variabi

  19. Cross-correlations between crude oil and exchange markets for selected oil rich economies

    Science.gov (United States)

    Li, Jianfeng; Lu, Xinsheng; Zhou, Ying

    2016-07-01

    Using multifractal detrended cross-correlation analysis (MF-DCCA), this paper studies the cross-correlation behavior between crude oil market and five selected exchange rate markets. The dataset covers the period of January 1,1996-December 31,2014, and contains 4,633 observations for each of the series, including daily closing prices of crude oil, Australian Dollars, Canadian Dollars, Mexican Pesos, Russian Rubles, and South African Rand. Our empirical results obtained from cross-correlation statistic and cross-correlation coefficient have confirmed the existence of cross-correlations, and the MF-DCCA results have demonstrated a strong multifractality between cross-correlated crude oil market and exchange rate markets in both short term and long term. Using rolling window analysis, we have also found the persistent cross-correlations between the exchange rates and crude oil returns, and the cross-correlation scaling exponents exhibit volatility during some time periods due to its sensitivity to sudden events.

  20. Analysis of the temporal properties of price shock sequences in crude oil markets

    Science.gov (United States)

    Yuan, Ying; Zhuang, Xin-tian; Liu, Zhi-ying; Huang, Wei-qiang

    2014-01-01

    As one of the fundamental energy sources and important chemical raw materials, crude oil is crucially important to every country. Especially, the price shock of crude oil will bring about hidden dangers in energy security and economic security. Therefore, investigating the dynamics of frequent price shocks of crude oil markets seems to be crucial and necessary. In order to make the conclusions more reliable and valid, we use two different representations of the price shocks (inter-event times and series of counts) to study the temporal properties of price shock sequences in crude oil markets, such as coefficient of variation, Allan Factor, Fano Factors, Rescaled Range analysis and Detrended Fluctuation Analysis. We find evidence that the time dynamics of the price shock sequences can be considered as a fractal process with a high degree of time-clusterization of the events. It could give us some useful information to better understand the nature and dynamics of crude oil markets.

  1. Market structure and exhaustible resources: The case of natural gas and crude oil in California

    Science.gov (United States)

    Czastkiewicz, Carolina

    Using a dataset of natural gas and crude oil production in the state of California, evidence shows overextraction incentives among market participants that shared a common pool. Due to these incentives the supply of gas and crude oil extraction tends to become more inelastic as the number of firms in the pool increases. Using an instrumental variables estimation of the supply function, the results show that the common pool externality caused an average overproduction rate of 11% and 4% over the 1977--2001 period, in natural gas and crude oil, respectively. These figures imply 1 year and 4 years of additional production for natural gas and crude oil, respectively.

  2. Stable distribution and long-range correlation of Brent crude oil market

    Science.gov (United States)

    Yuan, Ying; Zhuang, Xin-tian; Jin, Xiu; Huang, Wei-qiang

    2014-11-01

    An empirical study of stable distribution and long-range correlation in Brent crude oil market was presented. First, it is found that the empirical distribution of Brent crude oil returns can be fitted well by a stable distribution, which is significantly different from a normal distribution. Second, the detrended fluctuation analysis for the Brent crude oil returns shows that there are long-range correlation in returns. It implies that there are patterns or trends in returns that persist over time. Third, the detrended fluctuation analysis for the Brent crude oil returns shows that after the financial crisis 2008, the Brent crude oil market becomes more persistence. It implies that the financial crisis 2008 could increase the frequency and strength of the interdependence and correlations between the financial time series. All of these findings may be used to improve the current fractal theories.

  3. Multifractal analysis of spot rates in tanker markets and their comparisons with crude oil markets

    Science.gov (United States)

    Zheng, Shiyuan; Lan, Xiangang

    2016-02-01

    This paper investigates the dynamic features of the spot rates for VLCC/ULCC, Suezmax, Aframax, Panamax and Handysize tanker markets by means of multifractal detrended fluctuation analysis (MF-DFA). The Hurst exponents, especially the time-dependent Hurst exponents, of the daily rate returns are calculated to capture the fractal properties of these different tanker markets. The origins of multifractility in these markets are identified by comparing their multifractal scaling exponents based on the original data, the shuffled data and the surrogate data. Furthermore, the non-periodic cycles for these markets are detected by the V-statistic. Finally, the comparisons of the fractal properties between the tanker markets and the crude oil commodity markets suggest that the tanker markets are more fractal than their upstream counterparts.

  4. A study on chaos in crude oil markets before and after 2008 international financial crisis

    Science.gov (United States)

    Lahmiri, Salim

    2017-01-01

    The purpose of this study is to investigate existence of chaos in crude oil markets (Brent and WTI) before and after recent 2008 international financial crisis. Largest Lyapunov exponent is estimated for prices, returns, and volatilities. The empirical results show strong evidence that chaos does not exist in prices and returns in both crude oil markets before and after international crisis. However, we find strong evidence of chaotic dynamics in both Brent and WTI volatilities after international financial crisis.

  5. Price Relationships in the Petroleum Market: An Analysis of Crude Oil and Refined Product Prices

    Energy Technology Data Exchange (ETDEWEB)

    Asche, Frank; Gjoelberg, Ole; Voelker, Teresa

    2001-08-01

    In this paper the relationships between crude oil and refined product prices are investigated in a multivariate framework. This allows us to test several (partly competing) assumptions of earlier studies. In particular, we find that the crude oil price is weakly exogenous and that the spread is constant in some but not all relationships. Moreover, the multivariate analysis shows that the link between crude oil prices and several refined product prices implies market integration for these refined products. This is an example of supply driven market integration and producers will change the output mix in response to price changes. (author)

  6. Analyzing and Forecasting Volatility Spillovers and Asymmetries in Major Crude Oil Spot, Forward and Futures Markets

    NARCIS (Netherlands)

    C-L. Chang (Chia-Lin); M.J. McAleer (Michael); R. Tansuchat (Roengchai)

    2010-01-01

    textabstractCrude oil price volatility has been analyzed extensively for organized spot, forward and futures markets for well over a decade, and is crucial for forecasting volatility and Value-at-Risk (VaR). There are four major benchmarks in the international oil market, namely West Texas Intermedi

  7. Forecasting volatility and spillovers in crude oil spot, forward and future markets

    NARCIS (Netherlands)

    C-L. Chang (Chia-Lin); M.J. McAleer (Michael); R. Tansuchat (Roengchai)

    2009-01-01

    textabstractCrude oil price volatility has been analyzed extensively for organized spot, forward and futures markets for well over a decade, and is crucial for forecasting volatility and Value-at-Risk (VaR). There are four major benchmarks in the international oil market, namely West Texas Intermedi

  8. Analyzing and Forecasting Volatility Spillovers and Asymmetries in Major Crude Oil Spot, Forward and Futures Markets

    NARCIS (Netherlands)

    C-L. Chang (Chia-Lin); M.J. McAleer (Michael); R. Tansuchat (Roengchai)

    2010-01-01

    textabstractCrude oil price volatility has been analyzed extensively for organized spot, forward and futures markets for well over a decade, and is crucial for forecasting volatility and Value-at-Risk (VaR). There are four major benchmarks in the international oil market, namely West Texas

  9. Forecasting volatility and spillovers in crude oil spot, forward and future markets

    NARCIS (Netherlands)

    C-L. Chang (Chia-Lin); M.J. McAleer (Michael); R. Tansuchat (Roengchai)

    2009-01-01

    textabstractCrude oil price volatility has been analyzed extensively for organized spot, forward and futures markets for well over a decade, and is crucial for forecasting volatility and Value-at-Risk (VaR). There are four major benchmarks in the international oil market, namely West Texas

  10. Crude oil price shocks and stock returns. Evidence from Turkish stock market under global liquidity conditions

    Energy Technology Data Exchange (ETDEWEB)

    Berk, Istemi [Koeln Univ. (Germany). Energiewirtschaftliches Inst.; Aydogan, Berna [Izmir Univ. of Economics (Turkey). Dept. of International Trade and Finance

    2012-09-15

    The purpose of this study is to investigate the impacts of crude oil price variations on the Turkish stock market returns. We have employed vector autoregression (V AR) model using daily observations of Brent crude oil prices and Istanbul Stock Exchange National Index (ISE- 1 00) returns for the period between January 2, 1990 and November 1, 2011. We have also tested the relationship between oil prices and stock market returns under global liquidity conditions by incorporating a liquidity proxy variable, Chicago Board of Exchange's (CBOE) S and P 500 market volatility index (VIX), into the model. Variance decomposition test results suggest little empirical evidence that crude oil price shocks have been rationally evaluated in the Turkish stock market. Rather, it was global liquidity conditions that were found to account for the greatest amount of variation in stock market returns.

  11. Dynamic Jump Intensities and Risk Premiums in Crude Oil Futures and Options Markets

    DEFF Research Database (Denmark)

    Christoffersen, Peter; Jacobs, Kris; Li, Bingxin

    2016-01-01

    and dynamic jump intensities in these markets. Allowing for jumps is crucial for modeling crude oil futures and futures options, and we find evidence in favor of time-varying jump intensities. During crisis periods, jumps occur more frequently. The properties of the jump processes implied by the option data......Options on crude oil futures are the most actively traded commodity options. We develop a class of computationally efficient discrete-time jump models that allow for closed-form option valuation, and we use crude oil futures and options data to investigate the economic importance of jumps...

  12. Dynamic Correlation between Stock Market Returns and Crude Oil Prices: Evidence from a Developing Economy

    Directory of Open Access Journals (Sweden)

    Emenike O. Kalu

    2015-10-01

    Full Text Available Normal 0 false false false EN-US X-NONE X-NONE Modeling the correlation of assets returns volatilities across different markets or segments of a market has practical value for portfolio selection and diversification, market regulation, and risk management. This paper therefore evaluates the nature of time-varying correlation between volatilities of stock market and crude oil returns in Nigeria using Dynamic Conditional Correlation-Generalised Autoregressive Conditional Heteroscedasticity (DCC-GARCH model. Results from DCC-GARCH (1,1 model show evidence of volatility clustering and persistence in Nigeria stock market and crude oil returns. The results also show that there is no dynamic conditional correlation in ARCH effects between stock market returns and crude oil prices in Nigeria. The results further show that there is strong evidence of time-varying volatility correlation between stock market and crude oil returns volatility. The findings will help shape policy-making in risk management and market regulation in Nigeria.

  13. The value-at-risk evaluation of Brent's crude oil market

    Science.gov (United States)

    Cheong, Chin Wen; Isa, Zaidi; Ying, Khor Chia; Lai, Ng Sew

    2014-06-01

    This study investigates the market risk of the Brent's crude oil market. First the long memory time-varying volatility is modelled under the Chung's specification. Second, for model adequacy evaluations on the heavy-tailed, long memory and endogenously estimated power transformation models indicated superior performance in out-of-sample forecasts. Lastly, these findings are further applied in the long and short trading positions of market risk evaluations of the Brent's market.

  14. Level shift two-components autoregressive conditional heteroscedasticity modelling for WTI crude oil market

    Science.gov (United States)

    Sin, Kuek Jia; Cheong, Chin Wen; Hooi, Tan Siow

    2017-04-01

    This study aims to investigate the crude oil volatility using a two components autoregressive conditional heteroscedasticity (ARCH) model with the inclusion of abrupt jump feature. The model is able to capture abrupt jumps, news impact, clustering volatility, long persistence volatility and heavy-tailed distributed error which are commonly observed in the crude oil time series. For the empirical study, we have selected the WTI crude oil index from year 2000 to 2016. The results found that by including the multiple-abrupt jumps in ARCH model, there are significant improvements of estimation evaluations as compared with the standard ARCH models. The outcomes of this study can provide useful information for risk management and portfolio analysis in the crude oil markets.

  15. Price volatility, hedging and variable risk premium in the crude oil market

    Energy Technology Data Exchange (ETDEWEB)

    Ahmad Jalali-Naini [Institute for Education and Research in Management and Planning, Tehran (Iran); Maryam Kazemi Manesh [University of Mannheim (Germany)

    2006-06-15

    The crude oil price exhibits a high degree of volatility which varies significantly over time. Such characteristics imply that the oil market is a promising area for testing volatility models. Testing and predicting volatility using ARCH and GARCH models have grown in the literature. A useful application of the volatility models is in the formulation of hedging strategies. In this paper we compare the optimal hedge ratio for the crude oil using the classical minimum risk approach and use ARCH to incorporate the effect of heteroskedasticity in the residuals on the hedge ratio. In addition, we test for the existence of a variable risk premium in the crude oil market. We find that, assuming rational expectations, there is a non-zero risk premium. We test for the variability of the risk premia and find evidence in its support when we employed a multivariate GARCH model. (author)

  16. Crude oil market efficiency and modeling. Insights from the multiscaling autocorrelation pattern

    Energy Technology Data Exchange (ETDEWEB)

    Alvarez-Ramirez, Jose [Departamento de Ingenieria de Procesos e Hidraulica, Universidad Autonoma Metropolitana-Iztapalapa, Apartado Postal 55-534, Mexico D.F., 09340 (Mexico); Departamento de Economia, Universidad Autonoma Metropolitana-Iztapalapa, Apartado Postal 55-534, Mexico D.F., 09340 (Mexico); Alvarez, Jesus [Departamento de Ingenieria de Procesos e Hidraulica, Universidad Autonoma Metropolitana-Iztapalapa, Apartado Postal 55-534, Mexico D.F., 09340 (Mexico); Solis, Ricardo [Departamento de Economia, Universidad Autonoma Metropolitana-Iztapalapa, Apartado Postal 55-534, Mexico D.F., 09340 (Mexico)

    2010-09-15

    Empirical research on market inefficiencies focuses on the detection of autocorrelations in price time series. In the case of crude oil markets, statistical support is claimed for weak efficiency over a wide range of time-scales. However, the results are still controversial since theoretical arguments point to deviations from efficiency as prices tend to revert towards an equilibrium path. This paper studies the efficiency of crude oil markets by using lagged detrended fluctuation analysis (DFA) to detect delay effects in price autocorrelations quantified in terms of a multiscaling Hurst exponent (i.e., autocorrelations are dependent of the time scale). Results based on spot price data for the period 1986-2009 indicate important deviations from efficiency associated to lagged autocorrelations, so imposing the random walk for crude oil prices has pronounced costs for forecasting. Evidences in favor of price reversion to a continuously evolving mean underscores the importance of adequately incorporating delay effects and multiscaling behavior in the modeling of crude oil price dynamics. (author)

  17. World Crude Oil Markets; Monetary Policy and the Recent Oil Shock

    OpenAIRE

    Noureddine Krichene

    2006-01-01

    This paper examines the relationship between monetary policy and oil prices within a world oil demand and supply model. Low price and high income elasticities of demand and rigid supply explain high price volatilities and producers' market power. Exchange and interest rates do influence oil market equilibrium. The relationship between oil prices and interest rates is a two-way relationship that depends on the type of oil shock. During a supply shock, rising oil prices caused interest rates to...

  18. Cross-correlations between West Texas Intermediate crude oil and the stock markets of the BRIC

    Science.gov (United States)

    Ma, Feng; Wei, Yu; Huang, Dengshi; Zhao, Lin

    2013-11-01

    In this paper, we investigate the cross-correlation properties between West Texas Intermediate crude oil and the stock markets of the BRIC. We use not only the qualitative analysis of the cross-correlation test, but also take the quantitative analysis of the MF-DXA, confirming the cross-correlation relationship between West Texas Intermediate crude oil and the stock markets of the BRIC (Brazil, Russia, India and China) respectively, which have strongly multifractal features, and the cross-correlations are more strongly multifractal in the short term than in the long term. Furthermore, based on the multifractal spectrum, we also find the multifractality strength between the crude oil WTI and Chinese stock market is stronger than the multifractality strength of other pairs. Based on the Iraq war (Mar 20, 2003) and the Financial crisis in 2008, we divide sample period into four segments to research the degree of the multifractal (ΔH) and the market efficiency (and the risk). Finally, we employ the technique of the rolling window to calculate the time-varying EI (efficiency index) and dependent on the EI, we can easily observe the change of stock markets. Furthermore, we explore the relationship between bivariate cross-correlation exponents (Hxy(q)) and the generalized Hurst exponents.

  19. Testing the weak-form efficiency of the WTI crude oil futures market

    Science.gov (United States)

    Jiang, Zhi-Qiang; Xie, Wen-Jie; Zhou, Wei-Xing

    2014-07-01

    The weak-form efficiency of energy futures markets has long been studied and empirical evidence suggests controversial conclusions. In this work, nonparametric methods are adopted to estimate the Hurst indexes of the WTI crude oil futures prices (1983-2012) and a strict statistical test in the spirit of bootstrapping is put forward to verify the weak-form market efficiency hypothesis. The results show that the crude oil futures market is efficient when the whole period is considered. When the whole series is divided into three sub-series separated by the outbreaks of the Gulf War and the Iraq War, it is found that the Gulf War reduced the efficiency of the market. If the sample is split into two sub-series based on the signing date of the North American Free Trade Agreement, the market is found to be inefficient in the sub-periods during which the Gulf War broke out. The same analysis on short-time series in moving windows shows that the market is inefficient only when some turbulent events occur, such as the oil price crash in 1985, the Gulf war, and the oil price crash in 2008.

  20. Wavelet decomposition and regime shifts: Assessing the effects of crude oil shocks on stock market returns

    Energy Technology Data Exchange (ETDEWEB)

    Jammazi, Rania, E-mail: jamrania2@yahoo.f [International finance group-Tunisia, Faculty of Management and Economic Sciences of Tunis, Boulevard du 7 novembre, El Manar University, B.P. 248, C.P. 2092, Tunis Cedex (Tunisia); Aloui, Chaker, E-mail: chaker.aloui@fsegt.rnu.t [International finance group-Tunisia, Faculty of Management and Economic Sciences of Tunis, Boulevard du 7 novembre, El Manar University, B.P. 248, C.P. 2092, Tunis Cedex (Tunisia)

    2010-03-15

    While there is a large body of empirical studies on the relationship between crude oil price changes and stock market returns, they have failed to achieve a consensus on this subject. In this paper, we combine wavelet analysis and Markov Switching Vector Autoregressive (MS-VAR) approach to explore the impact of the crude oil (CO) shocks on the stock market returns for UK, France and Japan over the period from January 1989 to December 2007. Our procedure involves the estimation of the extended MS-VAR model in order to investigate the importance of the resultant wavelet filtering series (after removing random components) in determining the behavior of the stock market volatilities. We show that CO shocks do not affect the recession stock market phases (except for Japan). However, they significantly reduce moderate and/or expansion stock market phases temporarily. Moreover, this negative relationship appears to be more pronounced during the pre-1999 period. The empirical findings will prove extremely useful to investors who need to understand the exact effect of international oil changes on certain stocks prices as well as for policy managers who need a more thorough evaluation about the efficiency of hedging policies affected by oil price changes.

  1. Wavelet decomposition and regime shifts. Assessing the effects of crude oil shocks on stock market returns

    Energy Technology Data Exchange (ETDEWEB)

    Jammazi, Rania; Aloui, Chaker [International finance group-Tunisia, Faculty of Management and Economic Sciences of Tunis, Boulevard du 7 novembre, El Manar University, B.P. 248, C.P. 2092, Tunis Cedex (Tunisia)

    2010-03-15

    While there is a large body of empirical studies on the relationship between crude oil price changes and stock market returns, they have failed to achieve a consensus on this subject. In this paper, we combine wavelet analysis and Markov Switching Vector Autoregressive (MS-VAR) approach to explore the impact of the crude oil (CO) shocks on the stock market returns for UK, France and Japan over the period from January 1989 to December 2007. Our procedure involves the estimation of the extended MS-VAR model in order to investigate the importance of the resultant wavelet filtering series (after removing random components) in determining the behavior of the stock market volatilities. We show that CO shocks do not affect the recession stock market phases (except for Japan). However, they significantly reduce moderate and/or expansion stock market phases temporarily. Moreover, this negative relationship appears to be more pronounced during the pre-1999 period. The empirical findings will prove extremely useful to investors who need to understand the exact effect of international oil changes on certain stocks prices as well as for policy managers who need a more thorough evaluation about the efficiency of hedging policies affected by oil price changes. (author)

  2. Do spot prices move towards futures prices? A study on crude oil market

    Directory of Open Access Journals (Sweden)

    Mihaela Nicolau

    2012-10-01

    Full Text Available The importance of studying the futures markets and the relationship between spot and futures prices is given by the possibility that futures contracts offer in order to reduce particular risks. The financial theory presents the relationships between spot and futures prices in the framework of both the non-arbitrage theory and the asset pricing theory, but none of them offer information about the direction of causality between spot and futures prices. This paper attempts to analyse the dynamic relationship between spot and futures prices of the crude oil, a very important commodity. The empirical analysis is focused to examine the causal dynamics between spot and futures prices in crude oil market; the results confirm that the prices of one and two maturity futures predict spot prices. Conversely, this is not true for longer maturity futures contracts.

  3. Why Does Gasoline Cost so Much? A Joint Model of the Global Crude Oil Market and the U.S. Retail Gasoline Market

    OpenAIRE

    KILIAN, Lutz

    2008-01-01

    There is an important distinction between the price of gasoline in the U.S. and the price of crude oil in global markets that is often ignored in discussions of the impact of higher energy prices. This paper makes explicit the relationship between demand and supply shocks in these two markets. Building on a recently proposed structural VAR model of the global crude oil market, it explores the implications of a joint VAR model of the global market for crude oil and the U.S. market for motor ga...

  4. Cross-correlations between the US monetary policy, US dollar index and crude oil market

    Science.gov (United States)

    Sun, Xinxin; Lu, Xinsheng; Yue, Gongzheng; Li, Jianfeng

    2017-02-01

    This paper investigates the cross-correlations between the US monetary policy, US dollar index and WTI crude oil market, using a dataset covering a period from February 4, 1994 to February 29, 2016. Our study contributes to the literature by examining the effect of the US monetary policy on US dollar index and WTI crude oil through the MF-DCCA approach. The empirical results show that the cross-correlations between the three sets of time series exhibit strong multifractal features with the strength of multifractality increasing over the sample period. Employing a rolling window analysis, our empirical results show that the US monetary policy operations have clear influences on the cross-correlated behavior of the three time series covered by this study.

  5. What does the convenience yield curve tell us about the crude oil market?

    OpenAIRE

    Alquist, Ron; Gregory H. Bauer; Díez de los Ríos, Antonio

    2014-01-01

    Using the prices of crude oil futures contracts, we construct the term structure of crude oil convenience yields out to one-year maturity. The crude oil convenience yield can be interpreted as the interest rate, denominated in barrels of oil, for borrowing a single barrel of oil, and it measures the value of storing crude oil over the borrowing period. We show that the convenience yield curve is well explained by a level and a slope factor. Consistent with the theory of storage, convenience y...

  6. Portfolio Value at Risk Estimate for Crude Oil Markets: A Multivariate Wavelet Denoising Approach

    Directory of Open Access Journals (Sweden)

    Kin Keung Lai

    2012-04-01

    Full Text Available In the increasingly globalized economy these days, the major crude oil markets worldwide are seeing higher level of integration, which results in higher level of dependency and transmission of risks among different markets. Thus the risk of the typical multi-asset crude oil portfolio is influenced by dynamic correlation among different assets, which has both normal and transient behaviors. This paper proposes a novel multivariate wavelet denoising based approach for estimating Portfolio Value at Risk (PVaR. The multivariate wavelet analysis is introduced to analyze the multi-scale behaviors of the correlation among different markets and the portfolio volatility behavior in the higher dimensional time scale domain. The heterogeneous data and noise behavior are addressed in the proposed multi-scale denoising based PVaR estimation algorithm, which also incorporatesthe mainstream time series to address other well known data features such as autocorrelation and volatility clustering. Empirical studies suggest that the proposed algorithm outperforms the benchmark ExponentialWeighted Moving Average (EWMA and DCC-GARCH model, in terms of conventional performance evaluation criteria for the model reliability.

  7. The spatiotemporal dynamic analysis of the implied market information and characteristics of the correlation coefficient matrix of the international crude oil price returns

    Energy Technology Data Exchange (ETDEWEB)

    Tian, Lixin [Jiangsu University, Energy Development and Environmental Protection Strategy Research Center, Zhenjiang, Jiangsu (China); Nanjing Normal University, School of Mathematical Sciences, Nanjing, Jiangsu (China); Ding, Zhenqi; Zhen, Zaili [Jiangsu University, Energy Development and Environmental Protection Strategy Research Center, Zhenjiang, Jiangsu (China); Wang, Minggang [Nanjing Normal University, School of Mathematical Sciences, Nanjing, Jiangsu (China)

    2016-08-15

    The international crude oil market plays a crucial role in economies, and the studies of the correlation, risk and synchronization of the international crude oil market have important implications for the security and stability of the country, avoidance of business risk and people's daily lives. We investigate the information and characteristics of the international crude oil market (1999-2015) based on the random matrix theory (RMT). Firstly, we identify richer information in the largest eigenvalues deviating from RMT predictions for the international crude oil market; the international crude oil market can be roughly divided into ten different periods by the methods of eigenvectors and characteristic combination, and the implied market information of the correlation coefficient matrix is advanced. Secondly, we study the characteristics of the international crude oil market by the methods of system risk entropy, dynamic synchronous ratio, dynamic non-synchronous ratio and dynamic clustering algorithm. The results show that the international crude oil market is full of risk. The synchronization of the international crude oil market is very strong, and WTI and Brent occupy a very important position in the international crude oil market. (orig.)

  8. Are crude oil markets multifractal? Evidence from MF-DFA and MF-SSA perspectives

    Science.gov (United States)

    He, Ling-Yun; Chen, Shu-Peng

    2010-08-01

    In this article, we investigated the multifractality and its underlying formation mechanisms in international crude oil markets, namely, Brent and WTI, which are the most important oil pricing benchmarks globally. We attempt to find the answers to the following questions: (1) Are those different markets multifractal? (2) What are the dynamical causes for multifractality in those markets (if any)? To answer these questions, we applied both multifractal detrended fluctuation analysis (MF-DFA) and multifractal singular spectrum analysis (MF-SSA) based on the partition function, two widely used multifractality detecting methods. We found that both markets exhibit multifractal properties by means of these methods. Furthermore, in order to identify the underlying formation mechanisms of multifractal features, we destroyed the underlying nonlinear temporal correlation by shuffling the original time series; thus, we identified that the causes of the multifractality are influenced mainly by a nonlinear temporal correlation mechanism instead of a non-Gaussian distribution. At last, by tracking the evolution of left- and right-half multifractal spectra, we found that the dynamics of the large price fluctuations is significantly different from that of the small ones. Our main contribution is that we not only provided empirical evidence of the existence of multifractality in the markets, but also the sources of multifractality and plausible explanations to current literature; furthermore, we investigated the different dynamical price behaviors influenced by large and small price fluctuations.

  9. The Conflict in Syria: Key Issues and Consequences on the International Market of Crude Oil

    Directory of Open Access Journals (Sweden)

    Mariana Papatulică

    2013-07-01

    Full Text Available At the end of August 2013, the international prices of Brent crude rose to a 17-month high ($ 117.8 /barrel as Western powers, mainly USA, readied a military strike against Syria, and traders and analysts cited concerns over stability in the Middle East. The main concern was the risk that Western intervention in Syria could prompt a wider regional conflict, given the support that Iran has provided to the regime of Syria. The attack failed to materialize, because U.S. and Russia reached an agreement with the goal of disarming Syria’s chemical weapon arsenal, and consequently the prices declined, but the risk of geopolitical and social unrest movementsAlpha is still high, so that a reactivation of geopolitical tensions in the extended area of Middle East and north Africa is anytime possible with the afferent disruptive effects on the international oil market. We tried to answer to some questions in order to clear up the background of the problem: 1 What was the real stake of the U.S. plan to intervene in Syria: the concern generated by chemical weapons or U.S. geostrategic interests in the wider Middle East? 2 Why Syria matters to oil market, given that it is not a major oil producer (as was Libya, nor is it a major transit point for oil and gas exports (as is Egypt? 3 The aftermath of a serious military action targeted against the Middle Eastern country and “qui prodest”? 4 Will Iran’s possible return to the world oil market send oil prices down, and how much?

  10. Forecasting crude oil market volatility. Further evidence using GARCH-class models

    Energy Technology Data Exchange (ETDEWEB)

    Wei, Yu; Huang, Dengshi [School of Economics and Management, Southwest Jiaotong University (China); Wang, Yudong [Antai College of Economics and Management, Shanghai Jiaotong University (China)

    2010-11-15

    This paper extends the work of Kang et al. (2009). We use a greater number of linear and nonlinear generalized autoregressive conditional heteroskedasticity (GARCH) class models to capture the volatility features of two crude oil markets - Brent and West Texas Intermediate (WTI). The one-, five- and twenty-day out-of-sample volatility forecasts of the GARCH-class models are evaluated using the superior predictive ability test and with more loss functions. Unlike Kang et al. (2009), we find that no model can outperform all of the other models for either the Brent or the WTI market across different loss functions. However, in general, the nonlinear GARCH-class models, which are capable of capturing long-memory and/or asymmetric volatility, exhibit greater forecasting accuracy than the linear ones, especially in volatility forecasting over longer time horizons, such as five or twenty days. (author)

  11. The effects of crude oil shocks on stock market shifts behaviour A regime switching approach

    Energy Technology Data Exchange (ETDEWEB)

    Aloui, Chaker; Jammazi, Rania [International Finance Group-Tunisia, Faculty of Management and Economic Sciences of Tunis, Boulevard du 7 novembre, El Manar University, B.P. 248, C.P. 2092, Tunis Cedex (Tunisia)

    2009-09-15

    In this paper we develop a two regime Markov-switching EGARCH model introduced by Henry [Henry, O., 2009. Regime switching in the relationship between equity returns and short-term interest rates. Journal of Banking and Finance 33, 405-414.] to examine the relationship between crude oil shocks and stock markets. An application to stock markets of UK, France and Japan over the sample period January 1989 to December 2007 illustrates plausible results. We detect two episodes of series behaviour one relative to low mean/high variance regime and the other to high mean/low variance regime. Furthermore, there is evidence that common recessions coincide with the low mean/high variance regime. In addition, we allow both real stock returns and probability of transitions from one regime to another to depend on the net oil price increase variable. The findings show that rises in oil price has a significant role in determining both the volatility of stock returns and the probability of transition across regimes. (author)

  12. Modeling and forecasting crude oil markets using ARCH-type models

    Energy Technology Data Exchange (ETDEWEB)

    Cheong, Chin Wen [Research Centre of Mathematical Sciences, Faculty of Information Technology, Multimedia University, 63100 Cyberjaya, Selangor (Malaysia)

    2009-06-15

    This study investigates the time-varying volatility of two major crude oil markets, the West Texas Intermediate (WTI) and Europe Brent. A flexible autoregressive conditional heteroskedasticity (ARCH) model is used to take into account the stylized volatility facts such as clustering volatility, asymmetric news impact and long memory volatility among others. The empirical results indicate that the intensity of long-persistence volatility in the WTI is greater than in the Brent. It is also found that for the WTI, the appreciation and depreciation shocks of the WTI have similar impact on the resulting volatility. However, a leverage effect is found in Brent. Although both the estimation and diagnostic evaluations are in favor of an asymmetric long memory ARCH model, only the WTI models provide superior in the out-of-sample forecasts. On the other hand, from the empirical out-of-sample forecasts, it appears that the simplest parsimonious generalized ARCH provides the best forecasted evaluations for the Brent crude oil data. (author)

  13. Crude oil price dynamics: A study on effects of market expectation and strategic supply on price movements

    Science.gov (United States)

    Jin, Xin

    Recent years have seen dramatic fluctuations in crude oil prices. This dissertation attempts to better understand price behavior. The first chapter studies the behavior of crude oil spot and futures prices. Oil prices, particularly spot and short-term futures prices, appear to have switched from I(0) to I(1) in early 2000s. To better understand this apparent change in persistence, a factor model of oil prices is proposed, where the prices are decomposed into long-term and short-term components. The change in the persistence behavior can be explained by changes in the relative volatility of the underlying components. Fitting the model to weekly data on WTI prices, the volatility of the persistent shocks increased substantially relative to other shocks. In addition, the risk premiums in futures prices have changed their signs and become more volatile. The estimated net marginal convenience yield using the model also shows changes in its behavior. These observations suggest that a dramatic fundamental change occurred in the period from 2002 to 2004 in the dynamics of the crude oil market. The second chapter explores the short-run price-inventory dynamics in the presence of different shocks. Classical competitive storage model states that inventory decision considers both current and future market condition, and thus interacts with spot and expected future spot prices. We study competitive storage holding in an equilibrium framework, focusing on the dynamic response of price and inventory to different shocks. We show that news shock generates response profile different from traditional contemporaneous shocks in price and inventory. The model is applied to world crude oil market, where the market expectation is estimated to experience a sharp change in early 2000s, together with a persisting constrained supply relative to demand. The expectation change has limited effect on crude oil spot price though. The world oil market structure has been studied extensively but no

  14. Crude oil burning mechanisms

    DEFF Research Database (Denmark)

    van Gelderen, Laurens; Malmquist, Linus Mattias Valdemar; Jomaas, Grunde

    2015-01-01

    In order to improve predictions for the burning efficiency and the residue composition of in-situ burning of crude oil, the burning mechanism of crude oil was studied in relation to the composition of its hydrocarbon mixture, before, during and after the burning. The surface temperature, flame...... height, mass loss rate and residues of three hydrocarbon liquids (n-octane, dodecane and hexadecane), two crude oils (DUC and REBCO) and one hydrocarbon liquid mixture of the aforementioned hydrocarbon liquids were studied using the Crude Oil Flammability Apparatus. The experimental results were compared...... to the predictions of four conceptual models that describe the burning mechanism of multicomponent fuels. Based on the comparisons, hydrocarbon liquids were found to be best described by the Equilibrium Flash Vaporization model, showing a constant gas composition and gasification rate. The multicomponent fuels...

  15. Identifying the multiscale impacts of crude oil price shocks on the stock market in China at the sector level

    Science.gov (United States)

    Huang, Shupei; An, Haizhong; Gao, Xiangyun; Huang, Xuan

    2015-09-01

    The aim of this research is to investigate the multiscale dynamic linkages between crude oil price and the stock market in China at the sector level. First, the Haar à trous wavelet transform is implemented to extract multiscale information from the original time series. Furthermore, we incorporate the vector autoregression model to estimate the dynamic relationship pairing the Brent oil price and each sector stock index at each scale. There is a strong evidence showing that there are bidirectional Granger causality relationships between most of the sector stock indices and the crude oil price in the short, medium and long terms, except for those in the health, utility and consumption sectors. In fact, the impacts of the crude oil price shocks vary for different sectors over different time horizons. More precisely, the energy, information, material and telecommunication sector stock indices respond to crude oil price shocks negatively in the short run and positively in the medium and long runs, terms whereas the finance sector responds positively over all three time horizons. Moreover, the Brent oil price shocks have a stronger influence on the stock indices of sectors other than the health, optional and utility sectors in the medium and long terms than in the short term. The results obtained suggest implication of this paper as that the investment and policymaking decisions made during different time horizons should be based on the information gathered from each corresponding time scale.

  16. Natural Gas markets:How Sensitive to Crude Oil Price Changes?

    OpenAIRE

    onour, Ibrahim

    2009-01-01

    This paper investigates sensitivity of U.S. natural gas price to crude oil price changes, using time-varying coefficient models. Identification of the range of variation of the sensitivity of natural gas price to oil price change allows more accurate assessment of upper and minimum risk levels that can be utilized in pricing natural gas derivatives such as gas futures and option contracts, and gas storage facility contracts.

  17. The dynamics of crude oil price differentials

    Energy Technology Data Exchange (ETDEWEB)

    Fattouh, Bassam [The Oxford Institute for Energy Studies, 57 Woodstock Road, Oxford OX2 6FA (United Kingdom)

    2010-03-15

    Crude oil price differentials are modelled as a two-regime threshold autoregressive (TAR) process using the method proposed by Caner and Hansen [Caner, M., Hansen, B.E. Threshold autoregression with a unit root. Econometrica 2001; 69; 1555-1596.]. While standard unit root tests suggest that the prices of crude oil of different varieties move closely together such that their price differential is stationary, the TAR results indicate strong evidence of threshold effects in the adjustment process to the long-run equilibrium. These findings suggest that crude oil prices are linked and thus at the very general level, the oil market is 'one great pool' (Adelman, M.A. International oil agreements. The Energy Journal 1984; 5; 1-9.). However, differences in the dynamics of adjustment suggest that within this one pool, oil markets are not necessarily integrated in every time period and hence the dynamics of crude oil price differentials may not follow a stationary process at all times. Although the development of a liquid futures market around the crude oil benchmarks has helped make some distant markets more unified, arbitrage is not costless or risk-free and temporary breakdowns in the benchmarks can lead to decoupling of crude oil prices. (author)

  18. Methods of analyzing crude oil

    Energy Technology Data Exchange (ETDEWEB)

    Cooks, Robert Graham; Jjunju, Fred Paul Mark; Li, Anyin; Rogan, Iman S.

    2017-08-15

    The invention generally relates to methods of analyzing crude oil. In certain embodiments, methods of the invention involve obtaining a crude oil sample, and subjecting the crude oil sample to mass spectrometry analysis. In certain embodiments, the method is performed without any sample pre-purification steps.

  19. Crude oil burning mechanisms

    DEFF Research Database (Denmark)

    van Gelderen, Laurens; Malmquist, L.M.V.; Jomaas, Grunde

    2015-01-01

    In order to improve predictions for the burning efficiency and the residue composition of in-situ burning of crude oil, the burning mechanism of crude oil was studied in relation to the composition of its hydrocarbon mixture, before, during and after the burning. The surface temperature, flame...... to the predictions of four conceptual models that describe the burning mechanism of multicomponent fuels. Based on the comparisons, hydrocarbon liquids were found to be best described by the Equilibrium Flash Vaporization model, showing a constant gas composition and gasification rate. The multicomponent fuels...... followed the diffusion-limited gasification model, showing a change in the hydrocarbon composition of the fuel and its evaporating gases, as well as a decreasing gasification rate, as the burning progressed. This burning mechanism implies that the residue composition and burning efficiency mainly depend...

  20. Multifractality, efficiency analysis of Chinese stock market and its cross-correlation with WTI crude oil price

    Science.gov (United States)

    Zhuang, Xiaoyang; Wei, Yu; Ma, Feng

    2015-07-01

    In this paper, the multifractality and efficiency degrees of ten important Chinese sectoral indices are evaluated using the methods of MF-DFA and generalized Hurst exponents. The study also scrutinizes the dynamics of the efficiency of Chinese sectoral stock market by the rolling window approach. The overall empirical findings revealed that all the sectoral indices of Chinese stock market exist different degrees of multifractality. The results of different efficiency measures have agreed on that the 300 Materials index is the least efficient index. However, they have a slight diffidence on the most efficient one. The 300 Information Technology, 300 Telecommunication Services and 300 Health Care indices are comparatively efficient. We also investigate the cross-correlations between the ten sectoral indices and WTI crude oil price based on Multifractal Detrended Cross-correlation Analysis. At last, some relevant discussions and implications of the empirical results are presented.

  1. A comprehensive segmentation analysis of crude oil market based on time irreversibility

    Science.gov (United States)

    Xia, Jianan; Shang, Pengjian; Lu, Dan; Yin, Yi

    2016-05-01

    In this paper, we perform a comprehensive entropic segmentation analysis of crude oil future prices from 1983 to 2014 which used the Jensen-Shannon divergence as the statistical distance between segments, and analyze the results from original series S and series begin at 1986 (marked as S∗) to find common segments which have same boundaries. Then we apply time irreversibility analysis of each segment to divide all segments into two groups according to their asymmetry degree. Based on the temporal distribution of the common segments and high asymmetry segments, we figure out that these two types of segments appear alternately and do not overlap basically in daily group, while the common portions are also high asymmetry segments in weekly group. In addition, the temporal distribution of the common segments is fairly close to the time of crises, wars or other events, because the hit from severe events to oil price makes these common segments quite different from their adjacent segments. The common segments can be confirmed in daily group series, or weekly group series due to the large divergence between common segments and their neighbors. While the identification of high asymmetry segments is helpful to know the segments which are not affected badly by the events and can recover to steady states automatically. Finally, we rearrange the segments by merging the connected common segments or high asymmetry segments into a segment, and conjoin the connected segments which are neither common nor high asymmetric.

  2. A quality assessment of crude palm oil marketed in Bahia, Brazil

    Directory of Open Access Journals (Sweden)

    de Almeida, D. T.

    2013-09-01

    Full Text Available The characteristics of the quality of crude palm oil (CPO and crude palm olein (CPOL produced in the states of Bahia and Pará were investigated. Twelve oil samples were analyzed; 2 (CPO were from Pará (produced industrially, while the other 10 were from Bahia (3 CPOs and 3 CPOLs produced industrially, while 1 CPOL and 3 CPOs were traditionally processed. The chemical analyses included the determination of fatty acid methyl esters (FAME, free fatty acids (FFA%, peroxide value (PV, induction time (IT, total carotenoids (TC and total polar compounds (TPC. The major saturated fatty acids in these samples were palmitic (34.79-42.89 g 100 g–1 and stearic (4.49-5.84 g 100 g–1 acid, and the main unsaturated fatty acids were oleic (37.31-43.69 g 100 g–1 and linoleic (9.04- 12.74 g100 g–1 acid. All samples produced in Bahia exhibited higher FFA (6.77-13.49% and TPC (13.71-19.50% levels than permitted in the international quality standards, unlike the samples produced in Pará. TC, PV and IT ranged from 422.1 to 584.2 mg g–1, 1.32 to 3.7 meq O2 kg–1 oil and 1.72 to 4.66 h, respectively. PV, FFA and TPC were inversely correlated with TC and IT. The use of inappropriate oil extraction processes in Bahia is clearly becoming a food safety problem.Las características de calidad del aceite de palma crudo (CPO y oleína de palma cruda (CPOL producidos en los estados de Bahía y Pará fueron investigados. Se analizaron doce muestras de aceites; 2 (CPO eran de Pará (producido industrialmente, mientras que las otras 10 procedían de Bahía (3 CPOs y 3 CPOLs producidos industrialmente, mientras que 1 CPOL y 3 CPOs fueron procesadas tradicionalmente. El análisis químico incluyó la determinación de ésteres metílicos de ácidos grasos (FAME, ácidos grasos libres (FFA%, índice de peróxido (PV, el tiempo de inducción (TI, los carotenoides totales (TC y el total de compuestos polares (TPC. Los principales ácidos grasos saturados en estas muestras

  3. Maglev crude oil pipeline

    Science.gov (United States)

    Knolle, Ernst G.

    1994-05-01

    This maglev crude oil pipeline consists of two conduits guiding an endless stream of long containers. One conduit carries loaded containers and the other empty returns. The containers are levitated by permanent magnets in repulsion and propelled by stationary linear induction motors. The containers are linked to each other in a manner that allows them, while in continuous motion, to be folded into side by side position at loading and unloading points. This folding causes a speed reduction in proportion to the ratio of container diameter to container length. While in side by side position, containers are opened at their ends to be filled or emptied. Container size and speed are elected to produce a desired carrying capacity.

  4. Application of Markov Model in Crude Oil Price Forecasting

    Directory of Open Access Journals (Sweden)

    Nuhu Isah

    2017-08-01

    Full Text Available Crude oil is an important energy commodity to mankind. Several causes have made crude oil prices to be volatile. The fluctuation of crude oil prices has affected many related sectors and stock market indices. Hence, forecasting the crude oil prices is essential to avoid the future prices of the non-renewable natural resources to rise. In this study, daily crude oil prices data was obtained from WTI dated 2 January to 29 May 2015. We used Markov Model (MM approach in forecasting the crude oil prices. In this study, the analyses were done using EViews and Maple software where the potential of this software in forecasting daily crude oil prices time series data was explored. Based on the study, we concluded that MM model is able to produce accurate forecast based on a description of history patterns in crude oil prices.

  5. Efficient way of importing crude oil from oil producing countries - A review on diversification policy of crude oil import

    Energy Technology Data Exchange (ETDEWEB)

    Lee, Dal Sok [Korea Energy Economics Institute, Euiwang (Korea)

    1999-03-01

    Since the second oil crisis, the government has operated the import diversification support program to reduce the risk of crude oil import from Middle-East region and to raise the ability of dealing with the risk. This study tried to seek policy trends in future through reviewing the market environment related to the crude oil import diversification policy and the goal, instrument and effect of the policy. The supply and demand of crude oil and the price are influenced by market system in the world oil market and there are various types of crude oil trading available to both sellers and buyers. There is a probability that the suspension of supply in a certain area could be led to the price issue rather than the physical use of crude oil. In addition, the advantage of price with long-term contract of crude oil was abolished since the price of crude oil imported by term contract has been linked to spot prices. As a result, it is shown that the potential benefit from crude oil import diversification policy is reduced although political and social insecurity still exists in Middle-East region. Therefore, it is desirable to maintain the existing support program until the amount of stored oil reaches the optimum level and to help private enterprises determine the import considering economical efficiency and risk. (author). 36 refs., 5 figs., 23 tabs.

  6. Development and Perfection of Chinese Crude Oil Futures Market%发展和完善我国原油期货市场

    Institute of Scientific and Technical Information of China (English)

    陈柳钦

    2012-01-01

    It is of great significance for listing of Chinese crude oil futures, and the time is ripe by now. To perfect the crude oil futures market, it needs to break the monopoly of crude oil market, attract extensive market participators, establish an open trading mechanism with stronger operability, establish and perfect strategic reserves system for petroleum, vigorously develop capital market, construct multi -level financial market system, propel integration of oil and finance, and select a good opportunity to promote establishment of oil RMB system to promote upraising of RMB, and so on.%中国原油期货上市意义重大,上市时机已经成熟。完善原油期货市场需要采取打破石油市场的垄断,吸引广泛的市场参与主体;建立更具开放性、操作性更强的交易机制;建立并完善石油战略储备体系;大力发展资本市场,构建多层次金融市场体系,推进石油金融一体化;多视角择机推动“石油人民币”体系的建立,促进人民币的崛起等措施。

  7. Processing and Utilization of Naphthenic Base Heavy Crude Oil

    Institute of Scientific and Technical Information of China (English)

    Wang Xianqing; Men Cungui

    1995-01-01

    @@ Recently China National Petroleum Corporation (CNPC) has gradually set up its own down stream industry in response to the development of oil fields, the demand of domestic market and the unique characteristics of crude oil resources.The capacity of crude oil processing has reached 21million tons per year approximately and 14 million tons of crude oil was processed in 1994,making up one-tenth of CNPC's total output.

  8. Extra heavy crude oil into transportable upgraded crude: new technology overview

    Energy Technology Data Exchange (ETDEWEB)

    Rojas, J.D.; Sardella, R.; Rivas, A.; Lopez, E. [Infrastructure and Upgrading Department PDVSA-Intevep (Venezuela); Zacarias, L [Refining Department. PDVSA-Intevep (Venezuela)

    2011-07-01

    Venezuela has reserves of heavy and extra heavy crude oil in the eastern part of the country. There is a need for lower capital cost extraction technologies. At the moment, heavy oil is diluted with light or medium crude oil before it is sold on the market. In order to remove this requirement, PDVSA Research Institute has been working on developing a new technology to convert heavy crude oil into upgraded crude oil. This paper presents the technology, named Aquaconversion, and its applications. The technology consists of a catalytic steam conversion process which converts heavy oil into transportable upgraded crude oil with a higher density and lower viscosity than can be achieved using other technologies. This technology can be used onsite to obtain transportable upgraded crude or to replace visbreaking units in refineries. This paper presents a new technology that makes the extraction of heavy oil in Venezuela economically feasible.

  9. Dynamic Relationship between Crude Oil Price, Exchange Rate and ...

    African Journals Online (AJOL)

    DrNneka

    that uses the Granger causality test and generalized variance decomposition analysis ... observed between the Nigerian stock market and crude oil prices and the ... changing oil prices on stock prices and exchange rates an important guide to.

  10. THE LONG-RUN AND SHORT-RUN EFFECTS OF CRUDE OIL PRICE ON METHANOL MARKET IN IRAN

    Directory of Open Access Journals (Sweden)

    Akbar Komijani

    2013-01-01

    Full Text Available Substituting crude oil exports with value-added petrochemical products is one of the main strategies for policy makers in oil-driven economies to isolating the real sectors of economy from oil price volatility. This policy inclination has led to a body of literature in energy economics in recent decades. As a case study, this paper investigates the short-run and long-run relationship between Iran’s oil price and methanol price which is one of the most important non-oil exports of the oil-exporting country. To do so, the weekly data from 18 Jan. 2009 to 18 Sep. 2011 in a VECM framework is applied. The results show that in the long-run, oil price hikes leads to proportional increase in methanol price while in the short-run, this impact is not significant.

  11. Time-varying coefficient vector autoregressions model based on dynamic correlation with an application to crude oil and stock markets.

    Science.gov (United States)

    Lu, Fengbin; Qiao, Han; Wang, Shouyang; Lai, Kin Keung; Li, Yuze

    2017-01-01

    This paper proposes a new time-varying coefficient vector autoregressions (VAR) model, in which the coefficient is a linear function of dynamic lagged correlation. The proposed model allows for flexibility in choices of dynamic correlation models (e.g. dynamic conditional correlation generalized autoregressive conditional heteroskedasticity (GARCH) models, Markov-switching GARCH models and multivariate stochastic volatility models), which indicates that it can describe many types of time-varying causal effects. Time-varying causal relations between West Texas Intermediate (WTI) crude oil and the US Standard and Poor's 500 (S&P 500) stock markets are examined by the proposed model. The empirical results show that their causal relations evolve with time and display complex characters. Both positive and negative causal effects of the WTI on the S&P 500 in the subperiods have been found and confirmed by the traditional VAR models. Similar results have been obtained in the causal effects of S&P 500 on WTI. In addition, the proposed model outperforms the traditional VAR model. Copyright © 2016 Elsevier Ltd. All rights reserved.

  12. West German Etzel cavern project: international crude oil markets especially influence political economics of Federal strategic reserve

    Energy Technology Data Exchange (ETDEWEB)

    Kuehn, G.

    1982-06-01

    Eleven years ago final decision was reached to install a stateowned stockpile for crude oil in the Federal Republic of Germany. In the meantime the reserve for the petroleum industry - ordered by law - has been collected by the 'Public Corporation' named the Petroleum Stockpiling Association (Erdoelbevorratungsverband) in Hamburg. After the decision to establish a national stockpile several initiatives of other governments - for example the USA - followed. Due to the development of prices for crude and products from 1970 with an average price of 61.75 DM/t to an average price of 610 DM/t in 1981 stockpiling became an important factor in economic policy. Apart from world wide political, energy and financial factors crude oil cavity storage in Etzel not only lead to new experiences in solving thermodynamical and rock mechanical behaviours as well as storage operations but it became part of international safety-strategy in energy.

  13. Hedging effectiveness and volatility models for crude oil market: a dynamic approach; Modelos de volatilidade e a efetividade do hedge no mercado de petroleo: um abordagem dinamica

    Energy Technology Data Exchange (ETDEWEB)

    Salles, Andre Assis de [Universidade Federal do Rio de Janeiro (UFRJ), RJ (Brazil)

    2012-07-01

    The hedge strategies allow negotiators that have short and long positions in the market protection against price fluctuations. This paper examines the performance of bivariate volatility models for the crude oil spot and future returns of the Western Texas Intermediate - WTI type barrel prices. Besides the volatility of spot and future crude oil barrel returns time series, the hedge ratio strategy is examined through the hedge effectiveness. Thus this study shows hedge strategies built using methodologies applied in the variance modeling of returns of crude oil prices in the spot and future markets, and covariance between these two market returns, which correspond to the inputs of the hedge strategy shown in this work. From the studied models the bivariate GARCH in a Diagonal VECH and BEKK representations was chosen, using three different models for the mean: a bivariate autoregressive, a vector autoregressive and a vector error correction. The methodologies used here take into consideration the denial of assumptions of homoscedasticity and normality for the return distributions. The data used is logarithm returns of daily prices quoted in dollars per barrel from November 2008 to May 2010 for spot and future contracts, in particular the June contract. (author)

  14. Crude Oil Hedging Strategies Using Dynamic Multivariate GARCH

    NARCIS (Netherlands)

    R. Tansuchat (Roengchai); C-L. Chang (Chia-Lin); M.J. McAleer (Michael)

    2010-01-01

    textabstractThe paper examines the performance of four multivariate volatility models, namely CCC, VARMA-GARCH, DCC and BEKK, for the crude oil spot and futures returns of two major benchmark international crude oil markets, Brent and WTI, to calculate optimal portfolio weights and optimal hedge

  15. Crude Oil Hedging Strategies Using Dynamic Multivariate GARCH

    NARCIS (Netherlands)

    R. Tansuchat (Roengchai); C-L. Chang (Chia-Lin); M.J. McAleer (Michael)

    2010-01-01

    textabstractThe paper examines the performance of four multivariate volatility models, namely CCC, VARMA-GARCH, DCC and BEKK, for the crude oil spot and futures returns of two major benchmark international crude oil markets, Brent and WTI, to calculate optimal portfolio weights and optimal hedge rat

  16. A study of correlations between crude oil spot and futures markets: A rolling sample test

    Science.gov (United States)

    Liu, Li; Wan, Jieqiu

    2011-10-01

    In this article, we investigate the asymmetries of exceedance correlations and cross-correlations between West Texas Intermediate (WTI) spot and futures markets. First, employing the test statistic proposed by Hong et al. [Asymmetries in stock returns: statistical tests and economic evaluation, Review of Financial Studies 20 (2007) 1547-1581], we find that the exceedance correlations were overall symmetric. However, the results from rolling windows show that some occasional events could induce the significant asymmetries of the exceedance correlations. Second, employing the test statistic proposed by Podobnik et al. [Quantifying cross-correlations using local and global detrending approaches, European Physics Journal B 71 (2009) 243-250], we find that the cross-correlations were significant even for large lagged orders. Using the detrended cross-correlation analysis proposed by Podobnik and Stanley [Detrended cross-correlation analysis: a new method for analyzing two nonstationary time series, Physics Review Letters 100 (2008) 084102], we find that the cross-correlations were weakly persistent and were stronger between spot and futures contract with larger maturity. Our results from rolling sample test also show the apparent effects of the exogenous events. Additionally, we have some relevant discussions on the obtained evidence.

  17. Crude oil prices: Speculation versus fundamentals

    Science.gov (United States)

    Kolodziej, Marek Krzysztof

    Beginning in 2004, the price of crude oil fluctuates rapidly over a wide range. Large and rapid price increases have recessionary consequences and dampen long-term infrastructural investment. I investigate whether price changes are driven by market fundamentals or speculation. With regard to market fundamentals, I revisit econometric evidence for the importance of demand shocks, as proxied by dry maritime cargo rates, on oil prices. When I eliminate transportation costs from both sides of the equation, disaggregate OPEC and non-OPEC production, and allow for more than one cointegrating relation, I find that previous specifications are inconsistent with arguments that demand shocks play an important role. Instead, results confirm the importance of OPEC supply shocks. I investigate two channels by which speculation may affect oil prices; the direct effect of trader behavior and changes in oil from a commodity to a financial asset. With regard to trader behavior, I find evidence that trader positions are required to explain the spread between spot and futures prices of crude oil on the New York Mercantile Exchange. The inclusion of trader positions clarifies the process of equilibrium error correction, such that there is bidirectional causality between prices and trader positions. This creates the possibility of speculative bubbles. With regard to oil as a commodity and/or financial asset, I use a Kalman Filter model to estimate the time-varying partial correlation between returns to investments in equity and oil markets. This correlation changes from negative to positive at the onset of the 2008 financial crisis. The low interest rates used to rescue the economy depress convenience yields, which reduces the benefits of holding oil as a commodity. Instead, oil becomes a financial asset (on net) as the oil market changed from contango to backwardation. Contradicting simple political narratives, my research suggests that both market fundamentals and speculation drive

  18. Characteristic Temperatures of Waxy Crude Oils

    Institute of Scientific and Technical Information of China (English)

    Zhu Yingru; Zhang Jinjun; Li Hongying; Chen Jun

    2007-01-01

    Gel point or pour point is widely used to evaluate the low temperature flowability of crude oil. However, it is not adequate to describe the gelling properties of waxy crude oils under flow conditions with gel point or pour point,since the rheological behavior of crude oils is dependent on shear history. Waxy crude oils tend to gel at a low temperature. Based on gelation theory, the characteristic temperature of waxy crude oil was determined by analyzing viscosity-temperature data. Two mathematical models were developed for calculating characteristic temperatures of virgin crude oils and pour point depressants (PPD) beneficiated crude oils, respectively. By using these two models, the characteristic temperatures of crude oils that have experienced shearing and thermal histories can be predicted. The model for predicting the characteristic temperature of virgin crude oils has an average relative deviation of 4.5%, and all predicted values have a deviation within 2 ℃. Tested by 42 sets of data, the prediction model for crude oil treated with PPD has a high accuracy, with an average relative deviation of 4.2%, and 95.2 percent of predicted values have a deviation within 2 ℃. These two models provide useful ways for predicting the flowability of crude oils in pipelines when only wax content, wax appearance point and gel point are available.

  19. 基于多重分形理论的原油市场耦合关系研究%Research on the Coupling Relationship of Crude Oil Markets Based on Multifractal Theory

    Institute of Scientific and Technical Information of China (English)

    张德园; 王雪飞

    2014-01-01

    以美国西德克萨斯轻质原油现货价格(WTI)、英国北海布伦特原油现货价格(Brent)、中东迪拜原油现货价格(Dubai)和中国大庆原油现货价格(Daq)为代表性的研究对象,运用耦合消除趋势波动分析法(CDFA)对国内外原油市场之间耦合关系的多重分形特征进行实证分析。实证结果表明:原油市场之间的耦合关系具有明显的多重分形特征;厚尾分布和长记忆性是产生多重分形特征的主要原因;无论就长记忆性而言,还是就厚尾分布而言,WTI 对原油市场耦合关系多重分形特征的影响最为突出。%Coupling Detrended Fluctuation Analysis (CDFA)is used to analyze the multifractal characteristic of coupling relationship between domestic and international crude oil markets,which draw upon WTI,Brent and Dubai crude oil spot prices typical of international crude oil markets and Chinese Daqing crude oil spot prices (Daq)typical of domestic crude oil markets. The empirical results demonstrate that the coupling relationship between four crude oil markets are multifractal and main reasons for the multifractal characteristic are heavy tailed distribution and long memory;for both long memory and heavy tailed distribution,WTI has a significant influence on multifractal property of coupling relationship in crude oil markets.

  20. Viscosity-temperature correlation for crude oils

    Energy Technology Data Exchange (ETDEWEB)

    Shanshool, J.; Niazi, E. [Chemical Engineering Dept., Al-Nahrain Univ., Baghdad (Iraq)

    2004-12-01

    The kinematic viscosities of crude oils were measured over a temperature range 10-50 C and at atmospheric pressure. These data were used to develop a method to predict the viscosity of crude oils, based upon API gravity, pour point and molecular weight. The proposed new correlation has been verified using data base of about twelve Middle East crude oils, showing significantly improved correlation, with an average absolute deviation of 5.3%. The correlation is also applicable to crude oils with a wide range of API gravities, pour points and molecular weights. (orig.)

  1. Reviews and Prospect of International Crude oil Market%国际原油市场走势回顾与展望

    Institute of Scientific and Technical Information of China (English)

    张跃军; 王姿懿

    2013-01-01

    当前,世界经济正在经历一个艰难而复杂的复苏过程,下行风险显著,导致国际油价在震荡中前行,不稳定不确定因素显著增多.本文梳理了2012年国际原油市场的发展历程与主要特征,并对2013年世界经济形势和原油价格走势进行了展望,认为欧元区经济和债务危机进一步恶化的可能性是2013年世界经济面临的主要风险,受此影响,2013年国际油价将略低于2012年,而且Brent与WTI原油价差较2012年将有所缩小.%Currently, global economy is experiencing the hard and complex recovery with significant downside risk, which causes crude oil price to vibrate sharply and face growing uncertainties. This paper classifies the evolving process of oil price and summarizes the primary features of international crude oil market 2012, and also prospects the trend of oil price and the world economic situation in 2013. The results argue that the possible deterioration of European debt crisis may be the foremost risk. Under this circumstance, oil price in 2013 may fall a little compared to the 2012 level, and the Brent-WTI price premium may also shrink.

  2. Suriname installing first crude-oil pipeline

    Energy Technology Data Exchange (ETDEWEB)

    McAllister, E.W. (E.W. McAllister Engineering Services, Houston, TX (US))

    1992-04-27

    This paper reports that the first cross country crude-oil pipeline in the south American country of Suriname is currently under construction. The State Oil Co. of Suriname (Staatsolie) is building the 34.4-mile, 14-in. pipeline to deliver crude oil from the Catharina Sophia field (Tambaredjo) to the Tout Lui Faut terminal near the capital, Paramaribo. Crude oil from the Jossi Kreek field will be injected at mile point (MP) 3.4. Oil from these two fields is now being moved to tout Lui Faut by Staatsolie-owned motorized ocean barges. Increased production to meet requirements of a planned refinery near Tout Lui Faut prompted the pipeline.

  3. Quantified moving average strategy of crude oil futures market based on fuzzy logic rules and genetic algorithms

    Science.gov (United States)

    Liu, Xiaojia; An, Haizhong; Wang, Lijun; Guan, Qing

    2017-09-01

    The moving average strategy is a technical indicator that can generate trading signals to assist investment. While the trading signals tell the traders timing to buy or sell, the moving average cannot tell the trading volume, which is a crucial factor for investment. This paper proposes a fuzzy moving average strategy, in which the fuzzy logic rule is used to determine the strength of trading signals, i.e., the trading volume. To compose one fuzzy logic rule, we use four types of moving averages, the length of the moving average period, the fuzzy extent, and the recommend value. Ten fuzzy logic rules form a fuzzy set, which generates a rating level that decides the trading volume. In this process, we apply genetic algorithms to identify an optimal fuzzy logic rule set and utilize crude oil futures prices from the New York Mercantile Exchange (NYMEX) as the experiment data. Each experiment is repeated for 20 times. The results show that firstly the fuzzy moving average strategy can obtain a more stable rate of return than the moving average strategies. Secondly, holding amounts series is highly sensitive to price series. Thirdly, simple moving average methods are more efficient. Lastly, the fuzzy extents of extremely low, high, and very high are more popular. These results are helpful in investment decisions.

  4. Research on the Volatility Spillover Effects between Domestic and International Crude Oil Markets%国内外原油市场波动溢出效应分析

    Institute of Scientific and Technical Information of China (English)

    张金良; 谭忠富

    2012-01-01

    This paper firstly applies ADLM-GARCH-BEKK model to analyze the volatility spillover effects and dynamic correlation among Angola,Russia and Daqing crude oil market.The empirical results show that there are bidirectional volatility spillover relations between Angola and Russia crude oil markets at 90% confidence level.But there exist unilateral volatility spillover from Daqing to Angola crude oil market and Daqing to Russia crude oil market at 95% confidence level.Besides,there are smaller positive correlation between Daqing and Angola crude oil market,Daqing and Russian crude oil market.The correlation coefficient is gradually increasing.The results will help predict the trend of the domestic crude oil market and provide a reference for policy making of crude oil.%文中首次利用ADLM-GARCH-BEKK模型,分析了安哥拉、俄罗斯和大庆原油市场间的波动溢出效应与动态相关性。实证结果表明:第一,在90%的置信水平下,大庆和安哥拉原油市场间存在着双向的波动溢出效应;而在95%的置信水平下,仅存在从大庆到安哥拉原油市场和大庆到俄罗斯原油市场的单向波动溢出效应。第二,大庆和安哥拉原油市场以及大庆和俄罗斯原油市场之间具有较小的正相关性,并有逐步提高的趋势。上述分析结果将有助于预测国内原油市场的走势,为我国原油政策的制定提供参考。

  5. New crude oils from Caspian Depression

    Energy Technology Data Exchange (ETDEWEB)

    Zhmykhova, N.M.; Krylova, S.M.; Arenbrister, L.P.; Kolevatova, V.P.

    1987-07-01

    In this article the authors are reporting data on the characteristics of crude oils from new fields of the North Emba oil district (Zhanazhol, Kozhasaya, Karachaganak) and old fields in this same district (Kenkiyak, Kara-Tyube), and also the Tengiz field, which was discovered in the South Emba district. During the last few years, twenty samples of crude oils and condensates from these fields have been investigated at the All-Union Scientific Research Institute for Petroleum Processing (VNII NP). Characteristics of some of these crudes are listed.

  6. Effect of Crude Oil Price on Agricultural Productivity in Nigeria (1981 ...

    African Journals Online (AJOL)

    SH

    ... 131-139, 2013 International Journal of Applied Agricultural and Apicultural Research ... rate, crude oil price, capital stock, labour, land and fertilizer. ... gross domestic product and accounting for ... the international oil market (Aigbedion and.

  7. 15 CFR Supplement No. 3 to Part 754 - Statutory Provisions Dealing With Exports of Crude Oil

    Science.gov (United States)

    2010-01-01

    ... sustained oil prices significantly above world market levels that would cause sustained material adverse... caused sustained material oil supply shortage or sustained oil prices significantly above world market... Exports of Crude Oil No. Supplement No. 3 to Part 754 Commerce and Foreign Trade Regulations Relating...

  8. Crude Oil Trading Using Turbo Certificates

    Directory of Open Access Journals (Sweden)

    Michal Šoltés

    2010-06-01

    Full Text Available This paper has two objectives. The first one is to contribute to the debate regarding the validity of the Hubbert Crude Oil Peak Theory. Its acceptance should guide economic policies, especially over time. The other objective is to characterize modern investment tools for short-term investments, or more precisely for trading, which use the leverage effect significantly. They are so called Turbo Certificates and they are used to trade crude oil.

  9. Flexible scheduling model of crude oil operations under crude supply disturbance

    Institute of Scientific and Technical Information of China (English)

    2009-01-01

    Today’s changeable market and resultant disturbance of crude oil supply require agile and flexible scheduling of crude oil operation. The objective of flexible scheduling is to keep stable crude oil op-eration and satisfy production demands under the circumstances of supply disturbance. In this paper, a new mixed integer non-linear programming (MINLP) formulation is set up for crude oil scheduling firstly, and then some heuristic rules worked out by some experts are proposed to linearize bilinear terms and prefix some binary variables in the MINLP model. These rules not only reduce the complexity of the MINLP model, but also can be used to solve the scheduling problems in various conditions. In case study, the new model with heuristic rules and the best models reported in the literature are com-pared and evaluated in three benchmark examples in the normal situation, and then three abnormal situations of supply delay are considered based on the new approach. The results of case study show that the new flexible approach can handle crude oil scheduling problems efficiently in both normal and abnormal conditions.

  10. Crude Oil Spills and Health

    Science.gov (United States)

    ... Environmental Enforcement, U.S. Department of the Interior Emergency Management: Oil Spills U.S. Environmental Protection Agency Oil Spill Preparation and Response U.S. Fish and Wildlife Service Return to top Oil Spills and Wildlife ...

  11. A network analysis of the global energy market: an insight on the entanglement between crude oil and the world economy

    CERN Document Server

    Ruzzenenti, Franco; Papandreou, Andreas

    2015-01-01

    One major hurdle in the road toward a low carbon economy is the present entanglement of developed economies with oil. This tight relationship is mirrored in the correlation between most of economic indicators with oil price. This paper addresses the role of oil compared to the other three main energy commodities -coal, gas and electricity, in shaping the international trading network (ITW or WTW, world trade web) in the light of network theory. It initially surveys briefly the literature on the correlation between oil prices with economic growth and compares the concepts of time correlation with the concept of spatial correlation brought about by network theory. It outlines the conceptual framework underpinning the network measures adopted in the analysis and results are presented. Three measures are taken into account: the ratio of mutual exchanges in the network (reciprocity); the role of distances in determining trades (spatial filling); and the spatial correlation of energy commodities with the whole trad...

  12. CRUDE OIL BIOREMEDIATION: THE AMERICAN EXPERIENCE (PRESENTATION)

    Science.gov (United States)

    This is a state-of-the-art extended abstract presentation summary of the outputs from the oil spill program over the last 11 years. It summarizes the results of 3 field studies involving intentional releases of crude oil: the Delaware study in 1994 (sandy beach), the St. Lawrence...

  13. Pengaruh Penambahan Kosubstrat pada Biodegradasi Crude Oil

    Directory of Open Access Journals (Sweden)

    Any Juliani

    2016-06-01

    Full Text Available Kegiatan penambangan minyak bumi tidak hanya dilakukan oleh perusahaan-perusahaan besar, tetapi juga oleh masyarakat secara tradisional. Potensi pencemaran lingkungan yang ditimbulkan oleh kegiatan penambangan rakyat ini menjadi lebih tinggi karena pengelolaannya yang tradisional. Salah satu jenis pencemaran yang ditimbulkannya misalnya adalah tanah atau perairan yang tercemar oleh minyak bumi (crude oil pada saat berlangsungnya kegiatan penambangan. Salah satu upaya untuk dapat mengatasinya adalah dengan bioremediasi. Bioremediasi merupakan teknologi pengolahan pencemar dengan memanfaatkan aktivitas mikroba, terutama dari golongan bakteri. Bioremediasi tersebut harus melibatkan bakteri yang memiliki kapasitas metabolic untuk melakukan biodegradasi terhadap crude oil tersebut. Crude oil sendiri pada dasarnya merupakan senyawa hidrokarbon yang merupakan sumber karbon yang kaya bagi mikroba. Namun demikian, biodegradasi crude oil relative lebih sulit dilakukan karena karakteristiknya yang merupakan senyawa dengan berat molekul dan ukuran yang besar. Oleh karena itu penambahan kosubstrat yang lebih sederhana dapat dilakukan untuk membantu biodegradasi terutama pada tahap awal proses. Penelitian ini dilakukan untuk mengetahui pengaruh penambahan kosubstrat dalam hal ini glukosa terhadap biodegradasi crude oil. Penelitian dilakukan dalam media cair dengan bioaugmentasi melalui penambahan inoculum bakteri yang diisolasi dari tanah yang dikondisikan terhadap crude oil dalam beberapa variasi reactor. Indikasi terjadinya biodegradasi diperiksa melalui pengukuran terhadap parameter Total Petroleum Hydrocarbon (TPH dan Total Plate Count (TPC. Hasil penelitian menunjukkan bahwa penambahan kosubstrat glukosa memberikan pengaruh positif terhadap penurunan TPH. Penurunan TPH tertinggi setelah 28 hari adalah sebesar 25,3 % yang diberikan oleh reactor dengan penambahan kosubstrat serta konsentrasi crude oil awal sebesar 8.1 %. Sementara itu reactor tanpa

  14. Modelling and Simulation of Crude Oil Dispersion

    Directory of Open Access Journals (Sweden)

    Abdulfatai JIMOH

    2006-01-01

    Full Text Available This research work was carried out to develop a model equation for the dispersion of crude oil in water. Seven different crude oils (Bonny Light, Antan Terminal, Bonny Medium, Qua Iboe Light, Brass Light Mbede, Forcados Blend and Heavy H were used as the subject crude oils. The developed model equation in this project which is given as...It was developed starting from the equation for the oil dispersion rate in water which is given as...The developed equation was then simulated with the aid of MathCAD 2000 Professional software. The experimental and model results obtained from the simulation of the model equation were plotted on the same axis against time of dispersion. The model results revealed close fittings between the experimental and the model results because the correlation coefficients and the r-square values calculated using Spreadsheet Program were both found to be unity (1.00.

  15. Flexible scheduling model of crude oil operations under crude supply disturbance

    Institute of Scientific and Technical Information of China (English)

    PAN Ming; QIAN Yu; LI Xiu-Xi

    2009-01-01

    Today's ohangeable market and resultant disturbance of orude oil supply require agile and flexible scheduling of crude oil operation. The objective of flexible scheduling is to keep stable crude oil op-eration and satisfy production demands under the circumstances of supply disturbance. In this paper, a new mixed integer non-linear programming (MINLP) formulation is set up for crude oil scheduling firstly, and then some heuristic rules worked out by some experts are proposed to linearize bilinear terms and prefix some binary variables in the MINLP model. These rules not only reduce the complexity of the MINLP model, but also can be used to solve the scheduling problems in various conditions. In oase study, the new model with heuristic rules and the best models reported in the literature are com-pared and evaluated in three benchmark examples in the normal situation, and then three abnormal situations of supply delay are considered based on the new approach. The results of case study show that the new flexible approach can handle crude oil scheduling problems efficiently in both normal and abnormal conditions.

  16. Will Low Crude Oil Prices Cause a Global Recession?

    Directory of Open Access Journals (Sweden)

    MARIANA PAPATULICǍ

    2016-06-01

    Full Text Available International crude oil market faces almost 2 years of sharp fall in benchmark crude oil prices (mainly Brent from $ 105.7 / barrel in June 2014 to $ 36 / barrel in December 2015 and a minimum of $ 27-28 / barrel (for the last 13 years, in January 2016. Several economists are raising the question whether low crude oil prices are a “growth factor or a curse” for the world economy, and whether they could even cause a recession. Opinions about the effects of the sharp decline, in world oil prices are divided. Some analysts say that such evolution is good for consumers, while others consider it is bad for the global economy. Low oil prices could create disadvantages by causing deflation. The risk is that deflationary expectations determine consumers to refrain from additional purchases in anticipation of even lower prices. This would lead to an excess of production capacity and to ample inventories that will force down the prices even further. When buyers’ suspicions are confirmed, they delay further consumption resulting in a vicious circle. Historically, plummeting crude oil prices have been perceived as a growth factor, especially in the net importing countries. But this has not yet been translated into tangible positive economic effects worldwide.

  17. EVALUATION OF CORROSION COST OF CRUDE OIL PROCESSING INDUSTRY

    Directory of Open Access Journals (Sweden)

    ADESANYA A.O.

    2012-08-01

    Full Text Available Crude oil production industry as the hub of Nigeria Economy is not immune to the global financial meltdown being experienced world over which have resulted in a continual fall of oil price. This has necessitated the need to reduce cost of production. One of the major costs of production is corrosion cost, hence, its evaluation. This research work outlined the basic principles of corrosion prevention, monitoring and inspection and attempted to describe ways in which these measures may be adopted in the context of oil production. A wide range of facilities are used in crude oil production making it difficult to evaluate precisely the extent of corrosion and its cost implication. In this study, cost of corrosion per barrel was determined and the annualized value of corrosion cost was also determined using the principles of engineering economy and results analyzed using descriptive statistics. The results showed that among the corrosion prevention methods identified, the use of chemical treatment gave the highest cost contribution (81% of the total cost of prevention while coating added 19%. Cleaning pigging and cathodic protection gave no cost. The contribution of corrosion maintenance methods are 60% for repairs and 40% for replacement. Also among the corrosion monitoring and inspection identified, NDT gave the highest cost contribution of 41% of the total cost, followed by coating survey (34%. Cathodic protection survey and crude analysis gives the lowest cost contribution of 19% and 6% respectively. Corrosion control cost per barrel was found to be 77 cent/barrel. The significance of this cost was not much due to high price of crude oil in the international market. But the effect of corrosion in crude oil processing takes its toll on crude oil production (i.e. deferment.

  18. Waxy crude oil flow restart ability

    Energy Technology Data Exchange (ETDEWEB)

    Sierra, Andre Gaona; Varges, Priscilla Ribeiro; Mendes, Paulo Roberto de Souza [Dept. of Mechanical Engineering. Pontificia Universidade Catolica do Rio de Janeiro, RJ (Brazil)], e-mails: prvarges@puc-rio.br, pmendes@puc-rio.br; Ziglio, Claudio [PETROBRAS S.A, R.J., Rio de Janeiro, RJ (Brazil)], e-mail: ziglio@petrobras.com.br

    2010-07-01

    Under the hot reservoir conditions, waxy crudes behave like Newtonian fluids but once they experience very cold temperatures on the sea floor, the heavy paraffin's begin to precipitate from the solution impacting non- Newtonian flow behavior to the crude (Chang 2000, Lee 2009, Davidson 2004) and begin to deposit on the pipe wall leave blocked of pipeline. This gel cannot be broken with the original steady state flow operating pressure applied before gelation (Chang 1998). Restarting waxy crude oil flows in pipelines is a difficult issue because of the complex rheological behavior of the gelled oil. Indeed, below the WAT, the gelled oil exhibits viscoplastic, thixotropic, temperature-dependent, and compressible properties due to the interlocking gel-like structure formed by the crystallized paraffin compounds and the thermal shrinkage of the oil. The main objective of this work is to determine the minimal pressure to restart the flow, and the relationship between the fluid rheology , pipe geometry and the restart pressure of the flow. Experiments will be performed to investigate the displacement of carbopol aqueous solutions (viscoplastic fluid without thixotropic effects) by Newtonian oil flowing through a strait pipe to validate the experimental apparatus. Therefore, tests will be made with different fluids, like Laponite and waxy crude oils. (author)

  19. Conditional Correlations and Volatility Spillovers Between Crude Oil and Stock Index Returns

    NARCIS (Netherlands)

    R. Tansuchat (Roengchai); C-L. Chang (Chia-Lin); M.J. McAleer (Michael)

    2010-01-01

    textabstractThis paper investigates the conditional correlations and volatility spillovers between crude oil returns and stock index returns. Daily returns from 2 January 1998 to 4 November 2009 of the crude oil spot, forward and futures prices from the WTI and Brent markets, and the FTSE100, NYSE,

  20. Conditional Correlations and Volatility Spillovers Between Crude Oil and Stock Index Returns

    NARCIS (Netherlands)

    R. Tansuchat (Roengchai); C-L. Chang (Chia-Lin); M.J. McAleer (Michael)

    2010-01-01

    textabstractThis paper investigates the conditional correlations and volatility spillovers between crude oil returns and stock index returns. Daily returns from 2 January 1998 to 4 November 2009 of the crude oil spot, forward and futures prices from the WTI and Brent markets, and the FTSE100, NYSE,

  1. Exploring the WTI crude oil price bubble process using the Markov regime switching model

    Science.gov (United States)

    Zhang, Yue-Jun; Wang, Jing

    2015-03-01

    The sharp volatility of West Texas Intermediate (WTI) crude oil price in the past decade triggers us to investigate the price bubbles and their evolving process. Empirical results indicate that the fundamental price of WTI crude oil appears relatively more stable than that of the market-trading price, which verifies the existence of oil price bubbles during the sample period. Besides, by allowing the WTI crude oil price bubble process to switch between two states (regimes) according to a first-order Markov chain, we are able to statistically discriminate upheaval from stable states in the crude oil price bubble process; and in most of time, the stable state dominates the WTI crude oil price bubbles while the upheaval state usually proves short-lived and accompanies unexpected market events.

  2. Crude oil price analysis and forecasting based on variational mode decomposition and independent component analysis

    Science.gov (United States)

    E, Jianwei; Bao, Yanling; Ye, Jimin

    2017-10-01

    As one of the most vital energy resources in the world, crude oil plays a significant role in international economic market. The fluctuation of crude oil price has attracted academic and commercial attention. There exist many methods in forecasting the trend of crude oil price. However, traditional models failed in predicting accurately. Based on this, a hybrid method will be proposed in this paper, which combines variational mode decomposition (VMD), independent component analysis (ICA) and autoregressive integrated moving average (ARIMA), called VMD-ICA-ARIMA. The purpose of this study is to analyze the influence factors of crude oil price and predict the future crude oil price. Major steps can be concluded as follows: Firstly, applying the VMD model on the original signal (crude oil price), the modes function can be decomposed adaptively. Secondly, independent components are separated by the ICA, and how the independent components affect the crude oil price is analyzed. Finally, forecasting the price of crude oil price by the ARIMA model, the forecasting trend demonstrates that crude oil price declines periodically. Comparing with benchmark ARIMA and EEMD-ICA-ARIMA, VMD-ICA-ARIMA can forecast the crude oil price more accurately.

  3. Chemical composition of Pechora Sea crude oil

    Directory of Open Access Journals (Sweden)

    Derkach S. R.

    2017-03-01

    Full Text Available The physicochemical properties of the Pechora Sea shelf oil and its chemical composition have been studied using the methods of refractometry, titrimetry, viscometry, rheometry and standard methods for the analysis of oil and petroleum products. The fractionation of oil is held at atmospheric pressure, some fractions boiling at the temperature below and above 211 °C have been received. Chemical structural-group composition of oil and its components has been investigated using a Fourier infrared (IR spectroscopy method. The density of oil has been obtained, it is equal to 24.2 API. The chemical composition analysis shows that water content in the investigated oil sample is about 0.03 % (by weight. The oil sample contains hydrocarbons (including alkanes, naphthenes, arenes and asphaltenes with resins; their content is equal to 89 and 10 % (by weight respectively. Alkane content is about 66 %, including alkanes of normal structure – about 37 %. The solidification temperature of oil sample is equal to –43 °C. This low temperature testifies obliquely low content of solid alkanes (paraffin. Bearing in mind the content of asphaltenes with resins we can refer the investigated oil sample to resinous oils. On the other hand spectral coefficient values (aromaticity quotient and aliphaticity quotient show that oil sample belongs to naphthenic oils. According to the data of Fourier IR spectroscopy contents of naphthenes and arenes are 5.9 and 17.8 % respectively. Thus, the obtained data of chemical structural-group composition of crude oil and its fractions indicate that this oil belongs to the heavy resinous naphthenic oils. The rheological parameters obtained at the shear deformation conditions characterize the crude oil as a visco-plastic medium.

  4. Simulation of pipelining pours point depressant beneficiated waxy crude oil through China West Crude Oil Pipeline

    Institute of Scientific and Technical Information of China (English)

    李鸿英; 张劲军; 凌霄; 黄启玉; 林小飞; 贾邦龙; 李宇光

    2008-01-01

    Flow properties of waxy crude oils,particularly the beneficiated waxy crude oils,are sensitive to shear history that the crude oil experienced,called the shear history effect.To simulate this shear history effect accurately is vital to pipeline design and operation.It has been demonstrated by our previous that the energy dissipation or entropy generation due to viscous flow in the shear process is a suitable parameter for simulating the shear history effect.In order to further verify the reliability of this approach,experimental simulations were conducted for three PPD-beneficiated waxy crude oils transported through the China West Crude Oil Pipeline,a most complicated long-distance-crude-oil-pipeline technically and operationally so far in China.The simulations were made by using a stirred vessel and with the energy dissipation of viscous flow as the shear simulation parameter.Comparison between the flow properties of crude oils obtained from field test and experimental simulations,it is found that the gel points and viscosities from experimental simulations are in good agreement with the field data.

  5. 10 CFR 212.78 - Tertiary incentive crude oil.

    Science.gov (United States)

    2010-01-01

    ... 10 Energy 3 2010-01-01 2010-01-01 false Tertiary incentive crude oil. 212.78 Section 212.78 Energy DEPARTMENT OF ENERGY OIL MANDATORY PETROLEUM PRICE REGULATIONS Producers of Crude Oil § 212.78 Tertiary incentive crude oil. Annual prepaid expenses report. By January 31 of each year after 1980, the...

  6. Volatile hydrocarbons inhibit methanogenic crude oil degradation

    Directory of Open Access Journals (Sweden)

    Angela eSherry

    2014-04-01

    Full Text Available Methanogenic degradation of crude oil in subsurface sediments occurs slowly, but without the need for exogenous electron acceptors, is sustained for long periods and has enormous economic and environmental consequences. Here we show that volatile hydrocarbons are inhibitory to methanogenic oil biodegradation by comparing degradation of an artificially weathered crude oil with volatile hydrocarbons removed, with the same oil that was not weathered. Volatile hydrocarbons (nC5-nC10, methylcyclohexane, benzene, toluene and xylenes were quantified in the headspace of microcosms. Aliphatic (n-alkanes nC12-nC34 and aromatic hydrocarbons (4-methylbiphenyl, 3-methylbiphenyl, 2-methylnaphthalene, 1-methylnaphthalene were quantified in the total hydrocarbon fraction extracted from the microcosms. 16S rRNA genes from key microorganisms known to play an important role in methanogenic alkane degradation (Smithella and Methanomicrobiales were quantified by quantitative PCR. Methane production from degradation of weathered oil in microcosms was rapid (1.1 ± 0.1 µmol CH4/g sediment/day with stoichiometric yields consistent with degradation of heavier n-alkanes (nC12-nC34. For non-weathered oil, degradation rates in microcosms were significantly lower (0.4 ± 0.3 µmol CH4/g sediment/day. This indicated that volatile hydrocarbons present in the non-weathered oil inhibit, but do not completely halt, methanogenic alkane biodegradation. These findings are significant with respect to rates of biodegradation of crude oils with abundant volatile hydrocarbons in anoxic, sulphate-depleted subsurface environments, such as contaminated marine sediments which have been entrained below the sulfate-reduction zone, as well as crude oil biodegradation in petroleum reservoirs and contaminated aquifers.

  7. Properties of Tahe crude oil and influence of separation components on crude oil viscosity

    Energy Technology Data Exchange (ETDEWEB)

    Chaogang, Chen; Hongjun, Deng [Northwest Oilfield Branch Engineering and Technology Institute of Sinopec (China); Jixiang, Guo; Heyi, Wang; Meiqin, Lin [Enhanced Oil Recovery Research Center, China University of Petroleum (China)], email: guojx002@163.com

    2010-07-01

    The Tahe oil field in Xinjiang produces oil from depths of 5500m to 7000m whose temperatures range from 128 to 140 Celsius. The formation waters have a high salinity. To determine the major factors that contribute to the viscosity of the oil, such as saturate, aromatic resin, and asphaltene, a variety of techniques were used. Measurements were done using IR, scanning electron microscopy, energy spectrum analysis (EDX), elemental analysis, and ICP techniques. It was found, as predicted, that the viscosity of the crude oil decreased with increase of the temperature. However, different types of crude oil have various levels of temperature-sensitive turning points. The Tahe oil fields have a higher turning point due to the asphaltene and resins. To conduct the experiment the Tahe crude AD11 was separated into oil fractions using toluene as the solvent. It was concluded that the asphaltene has the greatest impact on viscosity.

  8. China's Crude Oil Imports Rises Steadily

    Institute of Scientific and Technical Information of China (English)

    2007-01-01

    @@ Chinese imports of crude oil rose 10.8 percent year-on-year over the first four months of this year, due to the country's growing need for resources to fuel its rapidly developing economy, the General Administration of Customs (GAC) announced in mid-May.

  9. Degradation of crude oil by marine cyanobacteria

    Digital Repository Service at National Institute of Oceanography (India)

    Raghukumar, C.; Vipparty, V.; David, J.J.; Chandramohan, D.

    was measured by gravimetric and gas chromatographic methods. Around 45-55% of the total fractions of crude oil (containing 50% aliphatics, 31% waxes and bitumin, 14% aromatics and 5% polar compounds) were removed in the presence of these cultures within 10 days...

  10. Evaluation of soil microbial communities as influenced by crude oil ...

    African Journals Online (AJOL)

    Evaluation of soil microbial communities as influenced by crude oil pollution. ... Community-level approach for assessing patterns of sole carbon-source utilization ... impact of crude oil pollution, soil – biota interactions, ecosystem monitoring, ...

  11. Non-Linear Unit Root Properties of Crude Oil Production

    OpenAIRE

    Svetlana Maslyuk; Russell Smyth

    2007-01-01

    While there is good reason to expect crude oil production to be non-linear, previous studies that have examined the stochastic properties of crude oil production have assumed that crude oil production follows a linear process. If crude oil production is a non-linear process, conventional unit root tests, which assume linear and systematic adjustment, could interpret departure from linearity as permanent stochastic disturbances. The objective of this paper is to test for non-linearities and un...

  12. Heavy oils processing materials requirements crude processing

    Energy Technology Data Exchange (ETDEWEB)

    Sloley, Andrew W. [CH2M Hill, Englewood, CO (United States)

    2012-07-01

    Over time, recommended best practices for crude unit materials selection have evolved to accommodate new operating requirements, feed qualities, and product qualities. The shift to heavier oil processing is one of the major changes in crude feed quality occurring over the last 20 years. The three major types of crude unit corrosion include sulfidation attack, naphthenic acid attack, and corrosion resulting from hydrolyzable chlorides. Heavy oils processing makes all three areas worse. Heavy oils have higher sulfur content; higher naphthenic acid content; and are more difficult to desalt, leading to higher chloride corrosion rates. Materials selection involves two major criteria, meeting required safety standards, and optimizing economics of the overall plant. Proper materials selection is only one component of a plant integrity approach. Materials selection cannot eliminate all corrosion. Proper materials selection requires appropriate support from other elements of an integrity protection program. The elements of integrity preservation include: materials selection (type and corrosion allowance); management limits on operating conditions allowed; feed quality control; chemical additives for corrosion reduction; and preventive maintenance and inspection (PMI). The following discussion must be taken in the context of the application of required supporting work in all the other areas. Within that context, specific materials recommendations are made to minimize corrosion due to the most common causes in the crude unit. (author)

  13. Heavy oils processing materials requirements crude processing

    Energy Technology Data Exchange (ETDEWEB)

    Sloley, Andrew W. [CH2M Hill, Englewood, CO (United States)

    2012-07-01

    Over time, recommended best practices for crude unit materials selection have evolved to accommodate new operating requirements, feed qualities, and product qualities. The shift to heavier oil processing is one of the major changes in crude feed quality occurring over the last 20 years. The three major types of crude unit corrosion include sulfidation attack, naphthenic acid attack, and corrosion resulting from hydrolyzable chlorides. Heavy oils processing makes all three areas worse. Heavy oils have higher sulfur content; higher naphthenic acid content; and are more difficult to desalt, leading to higher chloride corrosion rates. Materials selection involves two major criteria, meeting required safety standards, and optimizing economics of the overall plant. Proper materials selection is only one component of a plant integrity approach. Materials selection cannot eliminate all corrosion. Proper materials selection requires appropriate support from other elements of an integrity protection program. The elements of integrity preservation include: materials selection (type and corrosion allowance); management limits on operating conditions allowed; feed quality control; chemical additives for corrosion reduction; and preventive maintenance and inspection (PMI). The following discussion must be taken in the context of the application of required supporting work in all the other areas. Within that context, specific materials recommendations are made to minimize corrosion due to the most common causes in the crude unit. (author)

  14. Libya, Algeria and Egypt: crude oil potential from known deposits

    Energy Technology Data Exchange (ETDEWEB)

    Dietzman, W.D.; Rafidi, N.R.; Ross, T.A.

    1982-04-01

    An analysis is presented of the discovered crude oil resources, reserves, and estimated annual production from known fields of the Republics of Libya, Algeria, and Egypt. Proved reserves are defined as the remaining producible oil as of a specified date under operating practice in effect at that time and include estimated recoverable oil in undrilled portions of a given structure or structures. Also included in the proved reserve category are the estimated indicated additional volumes of recoverable oil from the entire oil reservoir where fluid injection programs have been started in a portion, or portions, of the reservoir. The indicated additional reserves (probable reserves) reported herein are the volumes of crude oil that might be obtained with the installation of secondary recovery or pressure maintenance operations in reservoirs where none have been previously installed. The sum of cumulative production, proved reserves, and probable reserves is defined as the ultimate oil recovery from known deposits; and resources are defined as the original oil in place (OOIP). An assessment was made of the availability of crude oil under three assumed sustained production rates for each country; an assessment was also made of each country's capability of sustaining production at, or near, the 1980 rates assuming different limiting reserve to production ratios. Also included is an estimate of the potential maximum producing capability from known deposits that might be obtained from known accumulations under certain assumptions, using a simple time series approach. The theoretical maximum oil production capability from known fields at any time is the maximum deliverability rate assuming there are no equipment, investment, market, or political constraints.

  15. Wax deposition in crude oil pipelines

    Energy Technology Data Exchange (ETDEWEB)

    Assuncao, Pablo Morelato; Rodrigues, Lorennzo Marrochi Nolding [Universidade Federal do Espirito Santo, Sao Mateus, ES (Brazil). Centro Universitario Norte do Espirito Santo. Engenharia de Petroleo; Romero, Mao Ilich [University of Wyoming, Laramie, WY (United States). Enhanced Oil Recovery Institute], e-mail: mromerov@uwyo.edu

    2010-07-01

    Crude oil is a complex mixture of hydrocarbons which consists of aromatics, paraffins, naphthenics, resins asphaltenes, etc. When the temperature of crude oil is reduced, the heavy components, like paraffin, will precipitate and deposit on the pipe internal wall in the form of a wax-oil gel. The gel deposit consists of wax crystals that trap some amount of oil. As the temperature gets cooler, more wax will precipitate and the thickness of the wax gel will increase, causing gradual solidification of the crude and eventually the oil stop moving inside the offshore pipeline. Crude oil may not be able to be re-mobilized during re-startup. The effective diameter will be reduced with wax deposition, resulting in several problems, for example, higher pressure drop which means additional pumping energy costs, poor oil quality, use of chemical components like precipitation inhibitors or flowing facilitators, equipment failure, risk of leakage, clogging of the ducts and process equipment. Wax deposition problems can become so sever that the whole pipeline can be completely blocked. It would cost millions of dollars to remediate an offshore pipeline that is blocked by wax. Wax solubility decreases drastically with decreasing temperature. At low temperatures, as encountered in deep water production, is easy to wax precipitate. The highest temperature below which the paraffins begins to precipitate as wax crystals is defined as wax appearance temperature (WAT). Deposition process is a complex free surface problem involving thermodynamics, fluid dynamics, mass and heat transfer. In this work, a numerical analysis of wax deposition by molecular diffusion and shear dispersion mechanisms in crude oil pipeline is studied. Diffusion flux of wax toward the wall is estimated by Fick's law of diffusion, in similar way the shear dispersion; wax concentration gradient at the solid-liquid interface is obtained by the volume fraction conservation equation; and since the wax deposition

  16. CHARACTERISTICS OF AROMATIC HYDROCARBONS IN CRUDE OILS

    Institute of Scientific and Technical Information of China (English)

    罗斌杰; 李新宇

    1994-01-01

    Crude oils from different basins in China ,Australia and New Zealand were analyzed to character-ize aromatic hydrocarbons produced in different environments by means of GC/MS .The distributions of some common compounds such as naphthalene, phenanthrene, chrysene,pyrene, fluoranthene, fluorine,dibenzothiophene and dibenzofuran were found to be related to sedimentary environments.Especially the relative contents of fluorenes ,dibenzofurans and dibenzothiophenes can be used to di-vide the oils into three types(1) saline or marine carbonate environment;(2) fresh-brackish water lake;(3) swamp and coal-bearing sequence.A romatic biomarkers (e.g.retene, nor-abietene,derivatives of lupeol and β-amyrin)represent higher plant inpults with respect to the precursors of crude oils. High contents of sulphur-containing compounds like benzothiophene and dibenzothiophene series indicate a reducing sulphur-abundant diagenetic condition .The benzohopane series (C32-C35) was identified both in hypersaline and coal-bearing basins, and it is postulated to be the result of strong bacteria activity.In all the sam-ples, a complete series of alkyl benzenes was analyzed .The similarity of its carbon-number distrbu-tion with that of n-alkanes probably suggests their genetic relationship. The distribution of the methylphenanthrene series reflects the evolution degree of crude oils,MPI holding a positive correlation with C29-sterane 20S/(20S+20R).

  17. Modernization or Conservation: The Role of Export Duty on Crude Oil and Petroleum Products

    OpenAIRE

    Georgy Idrisov; Sergey Sinelnikov-Murylev

    2012-01-01

    This paper deals with the analysis of the consequences of the abolition of export duties on crude oil and petroleum products as a necessary measure to create incentives to improve energy efficiency of the Russian economy and the elimination of underdevelopment caused by the unprecedented long-term subsidies to inefficient Russian oil refining. The authors consider three possible scenarios for the abolition of export duties on crude oil and domestic market and the conservation of tax revenues ...

  18. Characterization of water-in-crude oil emulsions in oil spill response

    Institute of Scientific and Technical Information of China (English)

    2003-01-01

    The formation of water-in-crude oil emulsions occurs when crude oils are spilled into sea. The water-in-crude oil emulsionssignificantly change the properties of the spilled crude oils and in turn influence the choices made relating to oil spill countermeasures. Thewater-in-crude oil emulsions were characterized using various techniques in this study. The environmental scanning electron microscopyobservation of water droplets in the emulsions is also presented. It is a powerful tool in emulsion observations.

  19. Understanding crude oil import demand behaviour in Ghana

    OpenAIRE

    Marbuah, George

    2014-01-01

    Crude oil importation is a major drain on the economy of Ghana, yet no study has attempted to analyse the determinants of crude oil imports. This paper brings to the fore an understanding of the key drivers of crude oil import demand. Using the autoregressive distributed lag modelling framework (ARDL), we estimate variant short-run and long-run import demand models for crude oil using time series data over the period 1980-2012. The results show that demand for crude oil is price inelastic in ...

  20. Tanker spills Norwegian crude oil off Shetlands

    Energy Technology Data Exchange (ETDEWEB)

    1993-01-11

    This paper reports that crude oil was spilling last week from the U.S. owned Braer tanker after the 89,000 dwt vessel ran aground on the south end of Scotland's Shetland Islands. Workers were trying to assess the extent of damage to the tanker, shoreline, and wildlife after the January 5 accident. Braer's cargo amounted to 607,000 bbl of Norwegian oil bound for Canada. Braer loaded its cargo and sailed January 3 from Den norske stats oljeselskap AS's Mongstad, Norway, terminal with crude from Gullfaks field in the Norwegian North Sea. The $11 million shipment was destined for Ultramar Canada Inc.'s 125,000 b/d refinery at St. Romuald, Que.

  1. Crude Production Tops 2 Million Tons at Qinghai Oil Field

    Institute of Scientific and Technical Information of China (English)

    2001-01-01

    @@ The crude oil output of Qinghai Oil Field in Qaidam basin of the northwestern China's Qinghai Province topped two million tons at the end of 2000.This is the first time that the annual crude oil output of the oilfield has exceeded two millions, according to Huang Ligong, general manager of Qinghai Oil Field under PetroChina.

  2. Brine crude oil interactions at the oil-water interface

    DEFF Research Database (Denmark)

    Chakravarty, Krishna Hara; Fosbøl, Philip Loldrup; Thomsen, Kaj

    2015-01-01

    mechanisms. The ion specific interaction between fines and polar fractions of crude oil at the oil-water interface has been less explored. In this study the relative affinity between different ions and the oil surface was determined. The experiments prove the importance of Ca2+, SO42-, and HPO42- ions...... emulsion formation at 0.05 mol/1. The amount of emulsion formation showed significant dependency on the type of acid doped in oil. Experiments demonstrate that the brine solution can alter the micro forces at the oil-water interface, and this ion specific interaction leads to oil emulsion formation......The impact of brine salinity and its ionic composition on oil displacement efficiency has been investigated extensively in recent years due to the potential of enhanced oil recovery (EOR). Wettability alterations through relative interactions at the mineral surface have been the basis of proposed...

  3. How much crude oil can zooplankton ingest? Estimating the quantity of dispersed crude oil defecated by planktonic copepods.

    Science.gov (United States)

    Almeda, Rodrigo; Connelly, Tara L; Buskey, Edward J

    2016-01-01

    We investigated and quantified defecation rates of crude oil by 3 species of marine planktonic copepods (Temora turbinata, Acartia tonsa, and Parvocalanus crassirostris) and a natural copepod assemblage after exposure to mechanically or chemically dispersed crude oil. Between 88 and 100% of the analyzed fecal pellets from three species of copepods and a natural copepod assemblage exposed for 48 h to physically or chemically dispersed light crude oil contained crude oil droplets. Crude oil droplets inside fecal pellets were smaller (median diameter: 2.4-3.5 μm) than droplets in the physically and chemically dispersed oil emulsions (median diameter: 6.6 and 8.0 μm, respectively). This suggests that copepods can reject large crude oil droplets or that crude oil droplets are broken into smaller oil droplets before or during ingestion. Depending on the species and experimental treatments, crude oil defecation rates ranged from 5.3 to 245 ng-oil copepod(-1) d(-1), which represent a mean weight-specific defecation rate of 0.026 μg-oil μg-Ccopepod(1) d(-1). Considering a dispersed crude oil concentration commonly found in the water column after oil spills (1 μl L(-1)) and copepod abundances in high productive coastal areas, copepods may defecate ∼ 1.3-2.6 mg-oil m(-3) d(-1), which would represent ∼ 0.15%-0.30% of the total dispersed oil per day. Our results indicate that ingestion and subsequent defecation of crude oil by planktonic copepods has a small influence on the overall mass of oil spills in the short term, but may be quantitatively important in the flux of oil from surface water to sediments and in the transfer of low-solubility, toxic petroleum hydrocarbons into food webs after crude oil spills in the sea.

  4. An Empirical Study of Asian Crude Oil Premiums

    Institute of Scientific and Technical Information of China (English)

    2006-01-01

    The price of Middle East crude oil exported to Asian countries has been higher than that to Europe and America for a long period, and this price differential made Asian countries pay more than European and American countries. Prior investigations found that "Asian Crude Oil Premium" did exist at a relatively low oil price level. However, world oil price soared after 2003, making the price of Middle East crude oil exported to European countries or America rise quickly, sometimes even higher than that to Asia. Under this situation, this paper uses the price of Middle East crude oil sold to Europe or America or Asia to test if the premium exists at a high oil price level and concludes that the crude oil price premium of Asia against America does not exist, but the premium of Asia against Europe still exists.

  5. Formulation of best-fit hydrophile/lipophile balance-dielectric permittivity demulsifiers for treatment of crude oil emulsions

    Directory of Open Access Journals (Sweden)

    C.M. Ojinnaka

    2016-12-01

    Full Text Available The commerce of crude oil depends heavily on its water and salt contents usually referred to as Basic Sediments and Water (BS&W, which is co-produced with the crude oil in the form of emulsion. The lower the BS&W, the higher the market value of the crude. The presence of water in crude oil causes corrosion, lowers capacity utilization of production and processing plant parts and pipelines, reduces oil recovery and increases the oil content of the effluent water. The stabilizing factors of crude oil emulsions vary from one oil field to the other and with time in the same well as co-produced water increases, or after a well treatment and Enhanced Oil Recovery Operations (EOR. Periodical assessment and possible change of demulsifiers employed is therefore necessary at certain stages of crude oil productions, but this is not encouraged due to lack of general formulation procedures and the rigorous nature of bottle test method that is currently being used for assessment and selection. In this paper, the factors that affect the stability of crude oil emulsions are presented. Efforts of researchers in formulating demulsifiers based on these factors and their screening methods were reviewed. The context sets the stage for further exploration of possible relationship(s between the physical parameters of the crude oil and the demulsifiers, and exploiting same in the formulation of new demulsifiers capable of resolving crude oil emulsions using chemicals with improved surface activity and crude extracts of indigenous plants.

  6. Rate of biodegradation of crude oil by microorganisms isolated from ...

    African Journals Online (AJOL)

    STORAGESEVER

    2008-12-17

    Dec 17, 2008 ... INTRODUCTION. The environmental impact of petroleum exploration in. Nigeria and other oil producing countries has been on the increase. ... The test organisms were isolated from crude oil sludge environment of Qua Iboe ... was supplemented with 1% Bunny light crude oil (from Exxonmobil. Producing ...

  7. Degradation of Microbes for the Crude Oil Contaminants

    Institute of Scientific and Technical Information of China (English)

    2004-01-01

    Production and storage-transportation of crude oil can not only give rise to soil pollution but also destroy ecological environment. Degradation of microbes for oily soil was studied with the instnunent, Geofina Hydrocarbon Meter (GHM), by experimental analysis qualitatively and quantitatively in the paper. Analytical result showed that the crude oil could be considerably degraded by eating-oil microbes in oily soil and the number of eating-oil microbes increased while the working hours of oil-well risi...

  8. Non-Aqueous and Crude Oil Foams

    Directory of Open Access Journals (Sweden)

    Blázquez Christian

    2013-12-01

    Full Text Available Foams produced from non-aqueous media are less common than water-based foams but they play an important role in many industries and engineering processes. The low surface tension of hydrocarbon fluids limits the adsorption of common surface activity substances and different compounds and methods must be considered to generate and stabilize oil-based foam. Likewise, the destruction of unwanted non-aqueous based foam requires specific considerations not found with aqueous systems. Of particular interest are petroleum-based foams, which are highly complex due to the wide variety of compounds and gases that can be found. We provide an overview of the major mechanisms known to be important for non-aqueous foam stability with a spotlight on crude-oil foams.

  9. Kinetics of asphaltene precipitation from crude oils

    Energy Technology Data Exchange (ETDEWEB)

    Maqbool, T.; Hussein, I.A.; Fogler, H.S. [Michigan Univ., Ann Arbor (United States). Dept. of Chemical Engineering

    2008-07-01

    The kinetics of asphaltene precipitation from crude oils was investigated using n-alkane precipitants. Recent studies have shown that there is a kinetic phenomenon associated with asphaltene precipitation. This study showed that the time needed to precipitate the asphaltenes can vary from a few minutes to several months, depending on the amount of n-alkane precipitant added. As such, the onset of asphaltene precipitation is a function of the concentration of precipitant and time. A technique to quantify the amount of asphaltenes precipitated as a function of time and precipitant concentration was presented. This study also investigated the kinetic effects caused by various precipitants. Optical microscopy was used to monitor the growth of asphaltene aggregates with time. Refractive index measurements provided further insight into the kinetics of asphaltene precipitation. Polarity based fractionation and dielectric constant measurements were used to compare the nature of asphaltenes precipitated early in the precipitation process with the asphaltenes precipitated at later times. It was concluded that asphaltenes precipitating at different times from the same crude oil-precipitant mixture are different from one another. 3 refs.

  10. Ecuador plans expanded crude-oil line

    Energy Technology Data Exchange (ETDEWEB)

    Boschat, J.; Sabathier, J. (Beicip-Franlab, Rueil-Malmaison (France))

    1995-01-23

    Ecuador plans to increase throughput of the 309 mile, 20 and 26-in. Trans Ecuadorian pipeline that moves crude oil from the Oriente in the Amazon basin to the Pacific coast for refining in local refineries and export. Increasing crude-oil production is driving the expansion. In investment, it is the largest pipeline project in the country in more than 20 years. In August 1992, Petro-ecuador, the Ecuadorian state company in charge of petroleum, hired the French petroleum consulting firm Beicip-Franlab to carry out the basic engineering and preparation of the technical tender documents for increasing the pipeline's throughput. The revamped Trans Ecuadorian pipeline, together with the Triunfo Nuevo-Condijua pipeline, will form the new Trans Ecuadorian pipeline system. This means that they will be integrated into a single system controlled and monitored from a main dispatching center in Guajalo near Quito which is now Petroecuador's maintenance center for the existing pipeline. As there is no supervisory control and data acquisition (scada) system now on the Trans Ecuadorian pipeline, scada will be built along with a new telecommunication network covering the entire new Trans Ecuadorian pipeline system. Also, to comply with the most modern requirements in terms of environmental protection, especially in a country subject to seismic activity, a leak-detection system will be implemented on all lines.

  11. Impact of Expanded North Slope of Alaska Crude Oil Production on Crude Oil Flows in the Contiguous United States

    Energy Technology Data Exchange (ETDEWEB)

    DeRosa, Sean E. [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Flanagan, Tatiana Paz [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States)

    2017-05-01

    The National Transportation Fuels Model was used to simulate a hypothetical increase in North Slope of Alaska crude oil production. The results show that the magnitude of production utilized depends in part on the ability of crude oil and refined products infrastructure in the contiguous United States to absorb and adjust to the additional supply. Decisions about expanding North Slope production can use the National Transportation Fuels Model take into account the effects on crude oil flows in the contiguous United States.

  12. Oil Market and Prices Prospects for 2014

    Directory of Open Access Journals (Sweden)

    Mariana Papatulica

    2013-10-01

    Full Text Available The international crude oil prices started the year 2014 within parameters comparable to those of the precedent year: WTI (USA recorded 92 $/barrel, on the American spot market, considered a minimum value for the last 5 weeks, while Brent (Great Britain had a more stable evolution, on the spot Rotterdam market, staying around a value of 107,50 $/barrel. Despite analysts’ forecasts, which during the last 3 years staked on a lower oil price, as a consequence of the spectacular increase in non-OPEC oil production, namely of shale oil, the international oil price, namely that of Brent, closed each of the last 3 years around the same level, of 108 $/barrel. As for 2014, the great majority of oil analysts estimates again a decline of oil prices, as a result of a significant rise of oil offer globally, which will greatly surpass the demand rise.

  13. Analisis Faktor-Faktor yang Mempengaruhi Ekspor Crude Palm Oil (CPO) Indonesia ke Uni Eropa

    OpenAIRE

    Pinem, Nurul Fajriah

    2015-01-01

    Since 2004, Crude Palm Oil (CPO) is the largest contributor to the production of vegetable oil. Indonesia supplies 47 % of the world's palm oil, and Malaysia dominate 85% of palm oil market in the world. Most of them exported to European Union, India, China, and Singapore. World market price of CPO is still under controlled by European market particulary. Rotterdam as the standar. The purpose of this study was to analyze the factors influenced the Indonesian CPO exports to the EU. The data of...

  14. 300,000-tonnage Crude Oil Dock Put into Operation

    Institute of Scientific and Technical Information of China (English)

    2008-01-01

    @@ Aproject of Jointly establishing 300,000-tonnage crude oil dock of Tianjin Port has been put into operations, thanks to its outut grid successfully connected with oil pipeline of Sinopec Tanggu reservior.

  15. Three essays in corporate finance: Examining the influence of government ownership and evaluating crude oil arbitrage

    Science.gov (United States)

    Holland, Kateryna

    The aim of this dissertation is twofold: first, to evaluate how governments influence firms in which they invest (chapters one and two), and second, to examine arbitrage in the crude oil market by investigating the relationship between crude oil inventories, physical prices, and financial prices (chapter three). In the first chapter (The Wealth Effects of Government Investment in Publicly Traded Firms), I study how government share ownership affects shareholder wealth. I find that government investments with higher likelihood of political interference have a negative influence on shareholder wealth, while the opposite is true for government investments with economic objectives. In the second chapter (Government Ownership and the Cost of Debt: Evidence form Government Investment in Publicly Traded Firms), I investigate how government share ownership affects the cost of debt of publicly traded firms. I find that government ownership generally leads to a higher cost of debt, except for times of economic and firm distress, when the value of the implicit government guarantee is associated with a reduction in the cost of debt. In the third chapter (Financial Trading, Spot Oil Prices, and Inventory: Evidence from the U.S. Crude Oil Market), I confirm the existence of an active cash and carry market in crude oil in Cushing, OK, the main U.S. crude oil futures settlement location. In other words, crude oil inventories in Cushing, but not in any other U.S. crude oil storage locations, are explained by the spread between the financial and the physical price of oil in addition to operational factors.

  16. The Cross-Correlation Analysis Between Brent Crude Oil Market and US Dollar Indexes%布伦特原油价格与美元指数的交互相关性分析

    Institute of Scientific and Technical Information of China (English)

    张晶

    2014-01-01

    this paper chooses the spot prices of Brent crude oil as well as US dollar indexes as the research objects to discuss their cross-correlation. First, we use the cross-correlation statistics to explain qualitatively the cross-correlation relationships between the re-turn series of crude oil market and US dollar indexes. Then we make a quantitative analysis using multifractal analysis for their cross-cor-relations and confirm that the cross-correlation relationships have multifractal characteristics. At the same time, a multifractal analysis for the auto-correlations of each return series is also made.%以北海布伦特原油的现货价格和美元指数为研究对象,探讨它们之间的交互相关关系。首先运用交互相关统计量定性地说明布伦特原油价格和美元指数之间存在交互相关关系。然后利用多重分形分析法对它们之间的交互相关性作定量的分析,证实了它们之间的交互相关性具有多重分形特征。同时运用MF-DFA方法对单个研究对象进行自相关分析。

  17. Medium-Term Oil Market Report 2007

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2007-07-01

    How much oil will the world consume in 2012? What role will OPEC play in global oil production? Will biofuels become an important part of the oil market? How will the refinery sector cope? The International Energy Agency (IEA) Medium-Term Oil Market Report tackles these questions, adopting a perspective that goes beyond the traditional short-term market analysis provided in the IEA Oil Market Report. Drawing on current futures curves and the investment threshold for upstream projects, the Medium-Term Oil Market Report analyses how global demand and supply balances may develop. By assessing all firmly planned upstream and downstream projects worldwide, this report forecasts supply and demand potential for crude and petroleum products over the next five years. The results provide an invaluable insight into vital issues such as surplus production capacity and product supply. An essential report for all policymakers, market analysts, energy experts and anyone interested in understanding and following oil market trends, the Medium-Term Oil Market Report is a further element of the strong commitment of the IEA to improving and expanding the quality, timeliness and accuracy of energy data and analysis.

  18. Building a Consensus Forecast for Crude Oil Prices

    Science.gov (United States)

    2006-03-01

    recommendations for follow-on research. 4 II. LITERATURE REVIEW This chapter begins with a review of the history of crude oil production beginning...import supply curves Domestic crude oil production Domestic natural gas liquids production Domestic gas-to-liquids production Domestic coal-to-liquids

  19. Photochemical degradation of crude oil in seawater

    Institute of Scientific and Technical Information of China (English)

    YANG Guipeng; ZHANG Li; SUN Xiaojing; JING Weiwen

    2006-01-01

    Photochemical degradation of crude oil in seawater is an important issue in marine environmental protection and is studied in this work. Results showed that petroleum hydrocarbons could be effectively degraded by the irradiation of high-pressure mercury light or natural sunlight. Photochemical reaction was controlled by various factors including light source, aquatic medium, heavy metal ion and photo-sensitizer. The rate of photo-degradation was fast at the initial stage of exposure, exhibiting a first-order reaction kinetic behavior. However, after irradiation for a few hours, the concentration of water-soluble fraction (WSF) of petroleum hydrocarbons stabilized. For all experimental conditions, the range of the photo-degradation rate is from 0.001 3 to 0.005 7/min.

  20. Generating Moving Average Trading Rules on the Oil Futures Market with Genetic Algorithms

    National Research Council Canada - National Science Library

    Wang, Lijun; An, Haizhong; Xia, Xiaohua; Liu, Xiaojia; Sun, Xiaoqi; Huang, Xuan

    2014-01-01

      The crude oil futures market plays a critical role in energy finance. To gain greater investment return, scholars and traders use technical indicators when selecting trading strategies in oil futures market...

  1. Release of Crude Oil from Silica and Calcium Carbonate Surfaces

    DEFF Research Database (Denmark)

    Liu, Xiaoyan; Yan, Wei; Stenby, Erling Halfdan;

    2016-01-01

    Adsorption and desorption of a North Sea crude oil to silica and calcium carbonate surfaces were studied by a quartz crystal microbalance, while the bare surfaces and adsorbed oil layers were characterized by atomic force microscopy and contact angle measurements. Water contact angles were measured...... on the bare surfaces, surfaces with an adsorbed oil layer, and surfaces after being exposed to aqueous salt solutions. This showed that the silica surface became more hydrophobic after oil adsorption, while the wettability of the calcium carbonate surface was not significantly changed by adsorption of an oil...... layer. A surface energy component analysis based on the acid base theory showed that oil adsorption on the surfaces depends upon apolar, acidic, and basic oil components of the crude oil and that the adsorbed oil components differ for adsorption to silica and calcium carbonate. Desorption of the crude...

  2. Toxicity assessment of unrefined crude oil fractions in soil ecosystems

    Energy Technology Data Exchange (ETDEWEB)

    Goudey, J.S.; Wilson, J.J. [HydroQual Lab. Ltd., Calgary, AB (Canada); Chu, A. [Calgary Univ., AB (Canada)

    2001-07-01

    The chemical and physical differences amongst crude oils and bioavailability (toxicity) of crude oil constituents are not addressed with existing numerical criteria for remediation of hydrocarbon contaminated soils. The constituents of crude oil include short chain hydrocarbons, such as light ends or gasoline, and long chain hydrocarbons (saturates), aromatic and polar compounds and heavier asphaltenes. Natural weathering and biodegradation take care of the lighter compounds. Less biodegradable are the heavier compounds which tend to be immobile. A range of questions concerning these immobile substances need to be answered to determine their effect on the bioavailability, hence toxicity, when solutes become solvents, etc. In this study, different crude oils and crude oil fractions were assessed as to their effect on the bioavailability (as toxicity) to microbes, plants and invertebrates. Five fractions with boiling point distillation were obtained from the separation of each of three base crude oils for a total of fifteen fractions. This practical approach to fractionating hydrocarbon represents the standard method for crude characterization. Ecological relevance, volume requirements, and availability of standard methods formed the basis for the selection of the tests and test species. The relative amounts of the different compounds (aromatics, saturates, polars, and asphaltenes) were different for each crude. Worm survival and lettuce seeding emergence tests were conducted on the spiked soils, and the extracts were tested with bacterial luminescence and lettuce root elongation. The results obtained for the three crude oils were similar. It was found that the heavier fractions were not toxic. Aging decreased the toxicity of aqueous extracts of spiked soils. Methanol extracts showed no loss of toxicity. The toxicity of whole crude was compared to the toxicity recovered in the fractions. The aqueous extracts of the naphthenic crude and the methanol extract of the

  3. Maximising profitability through the use of simulation for new market crudes evaluation

    Energy Technology Data Exchange (ETDEWEB)

    Mendez, Maryro P. [KBC Advanced Technologies, Surrey (United Kingdom)

    2012-07-01

    There is nothing that contributes more to the cost of production for a refinery than the cost of crude oil and other feedstocks. The efficient and effective evaluation and selection of crude oil to a refinery will have a very significant impact on its profitability. The crude oil selected will impact the utilization and output from different process units, has the potential to impact maintenance and energy costs, and will impact product properties from the refinery. The tools and knowledge necessary for a good new crude evaluation program are addressed as part of this paper. The work process is outlined in detail. Finally, we address some of the risk management issues inherent in processing high margin crudes. Innovative simulation tools like Petro-SIM offer the platform to evaluate opportunities to capture the value that the sour/sweet crude differential and that the new crudes coming in to the market have to offer for a given refinery configuration. The paper provides comments on how KBC's methodology has helped refiners to check their ability to run new challenging crudes. (author)

  4. New heavy crude oil flow improver increases delivery : application scenarios

    Energy Technology Data Exchange (ETDEWEB)

    Pierce, J.; Johnston, R.; Lauzon, P. [ConocoPhillips Specialty Products Inc., Houston, TX (United States)

    2009-07-01

    Flow improvers or drag reducing agents have been used for over 25 years as a method to increase fluid flow in hydrocarbon pipelines. The technology is effective in refined projects, light and medium crude oils. This paper presented a new development in flow improver technology that allows treatment of heavy crude oil slates. It discussed case studies of flow improver treatment of heavy oils in various pipeline system as well as factors that affect commercial success. tabs., figs.

  5. Feasibility Process for Remediation of the Crude Oil Contaminated Soil

    Science.gov (United States)

    Keum, H.; Choi, H.; Heo, H.; Lee, S.; Kang, G.

    2015-12-01

    More than 600 oil wells were destroyed in Kuwait by Iraqi in 1991. During the war, over 300 oil lakes with depth of up to 2m at more than 500 different locations which has been over 49km2. Therefore, approximately 22 million m3was crude oil contaminated. As exposure of more than 20 years under atmospheric conditions of Kuwait, the crude oil has volatile hydrocarbons and covered heavy oily sludge under the crude oil lake. One of crude oil contaminated soil which located Burgan Oilfield area was collected by Kuwait Oil Company and got by H-plus Company. This contaminated soil has about 42% crude oil and could not biodegraded itself due to the extremely high toxicity. This contaminated soil was separated by 2mm sieve for removal oil sludge ball. Total petroleum hydrocarbons (TPH) was analysis by GC FID and initial TPH concentration was average 48,783 mg/kg. Ten grams of the contaminated soil replaced in two micro reactors with 20mL of bio surfactant produce microorganism. Reactor 1 was added 0.1g powder hemoglobin and other reactor was not added hemoglobin at time 0 day. Those reactors shake 120 rpm on the shaker for 7 days and CO2 produced about 150mg/L per day. After 7 days under the slurry systems, the rest days operated by hemoglobin as primary carbon source for enhanced biodegradation. The crude oil contaminated soil was degraded from 48,783mg/kg to 20,234mg/kg by slurry process and final TPH concentration degraded 11,324mg/kg for 21days. Therefore, highly contaminated soil by crude oil will be combined bio slurry process and biodegradation process with hemoglobin as bio catalytic source. Keywords: crude-oil contaminated soil, bio slurry, biodegradation, hemoglobin ACKOWLEDGEMENTS This project was supported by the Korea Ministry of Environment (MOE) GAIA Program

  6. The world oil market is one great pool: A response

    Energy Technology Data Exchange (ETDEWEB)

    Rodriguez, A.E.; Williams, M.D

    1993-01-01

    The authors offer a response to Weiner's (1993) criticism of their article in Energy Studies Review (1993). They stand by their original conclusion that the crude oil market is a world market in the relatively short run, and that it is appropriate to define regionalism in terms of geographic antitrust markets. The authors also contend that Weiner incorrectly specified his model by analyzing individual crude oils, which leads to specifying inappropriately narrow geographic markets. It is pointed out that the authors found typical correlation coefficients of over 90% between monthly changes in different market crude prices, and that the appropriate order for their vector autoregression model was four months. These suggest that nearly all the response of one crude oil to movements in price of another occurs rapidly. Further arguments are presented to show that the residual demand curve for oil is very elastic and consequently the oil market is not functionally regionalized. In a regression analysis, 98.7% of the variance in domestic prices is explained by the exogenous variables. A statistically significant and sizeable relationship is also found between domestic and imported crude oil prices, consistent with the authors' previous finding of a homogeneous world oil market. 8 refs., 1 tab.

  7. Jump dynamics with structural breaks for crude oil prices

    Energy Technology Data Exchange (ETDEWEB)

    Lee, Yen-Hsien [Department of Finance, Chung Yuan Christian University (China); Hu, Hsu-Ning [Department of Money, Banking and Finance, TamKang University (China); Chiou, Jer-Shiou [Department of Finance and Banking, Shih Chien University, 70 Ta-Chih Street, Taipei 104 (China)

    2010-03-15

    This study investigates the joint phenomena of permanent and transitory components in conditional variance and jump intensity along with verification of structural breaks for crude oil prices. We adopt a Component-ARJI model with structural break analysis, utilizing daily data on West Texas Intermediate crude oil spot and futures contracts. The analytical results verify the existence of permanent and transitory components in conditional variance, with the permanent component of conditional variance increasing with the occurrence of a sudden major event (such as the Iraqi Invasion of Kuwait, Operation Desert Storm and the war between the US and Iraq), and a relatively greater increase in the transitory component over the same period. Notably, jump intensity fluctuates with an increase in the transitory component of conditional variance in response to abnormal events. It is the transitory component which serves as the primary influential factor for jumps in returns; therefore, speculators are willing to take large risks, particularly with respect to anticipating future price movements, or gambling, in the hopes of rapidly making substantial gains; thus, speculators prefer the temporary volatility component and engage in trade activities. However, investors prefer the permanent volatility component, because they may well be better off relocating their assets into more stable portfolios to outperform the market portfolio over the long run. (author)

  8. Effects of Biodegradation on Crude Oils from Karamay Oilfield

    Institute of Scientific and Technical Information of China (English)

    杨斌; 杨坚强; 等

    1989-01-01

    Studies of biological marker compou nds in five oil samples from a profile wherenormal crude oil,low condensate oil and heavy oil are produced in the Karamay Oilfield have been carried out with great empha-sis on the biodegradation-resisting capability of 13,17 secosteranes,8,14 secohopanes,gammacerane and carotenes.Based on these studies,a sequence of biodegradation-resisting intensities has been established for saturated hydrocarbon biomarkers in crude oils from the Karamay Oilfield.

  9. An Improved CO2-Crude Oil Minimum Miscibility Pressure Correlation

    Directory of Open Access Journals (Sweden)

    Hao Zhang

    2015-01-01

    Full Text Available Minimum miscibility pressure (MMP, which plays an important role in miscible flooding, is a key parameter in determining whether crude oil and gas are completely miscible. On the basis of 210 groups of CO2-crude oil system minimum miscibility pressure data, an improved CO2-crude oil system minimum miscibility pressure correlation was built by modified conjugate gradient method and global optimizing method. The new correlation is a uniform empirical correlation to calculate the MMP for both thin oil and heavy oil and is expressed as a function of reservoir temperature, C7+ molecular weight of crude oil, and mole fractions of volatile components (CH4 and N2 and intermediate components (CO2, H2S, and C2~C6 of crude oil. Compared to the eleven most popular and relatively high-accuracy CO2-oil system MMP correlations in the previous literature by other nine groups of CO2-oil MMP experimental data, which have not been used to develop the new correlation, it is found that the new empirical correlation provides the best reproduction of the nine groups of CO2-oil MMP experimental data with a percentage average absolute relative error (%AARE of 8% and a percentage maximum absolute relative error (%MARE of 21%, respectively.

  10. China Brings in More Crude Oil in 2006

    Institute of Scientific and Technical Information of China (English)

    Wu Yan

    2006-01-01

    @@ Venezuela to increase oil export to China Venezuela plans to increase its oil sales to China by 50,000 barrels a day by the end of the year, the country's oil minister Rafael Ramirez said in mid-August. Venezuela's state oil company, Petroleos de Venezuela SA, will increase sales to China to 200,000 barrels a day from the current 150,000 barrels per day. The shipments include crude and other products, such as fuel oil.

  11. Waxes and asphaltenes in crude oils

    Energy Technology Data Exchange (ETDEWEB)

    Thanh, N.X. [Branch of Vietnam Petroleum Institute, Ho Chi Min City (Viet Nam). Dept. of Geochemistry; Hsieh, M.; Philp, R.P. [University of Oklahoma, Norman, OK (United States). School of Geology and Geophysics

    1999-07-01

    High molecular weight (HMW) hydrocarbons (> C{sub 40}) and asphaltenes are important constituents of petroleum, and can cause problems related to crystallization and deposition of paraffin waxes during production and transportation, as well as in the formation of tar mats. However, traditional methods to isolate asphaltene fractions, by adding 40 volumes in excess of low boiling point solvents such as pentane, hexane or heptane, can produce asphaltene fractions which are contaminated with a significant amount of microcrystalline waxes (> C{sub 40}). The presence of these microcrystalline waxes in the asphaltene fractions has the potential to provide misleading and ambiguous results in modeling and treatment programs. The sub-surface phase behaviour of an asphaltene fraction will be quite different from that of a wax-contaminated asphaltene fraction. Similarly accurate modelling of wax drop-out requires information on pure wax fractions and not asphaltene-dominated fractions. Hence the aim of this paper is to describe a novel method for the preparation of wax-free asphaltene fractions. In addition, this method provides a quantitative subdivision of the wax fraction into pentane soluble and insoluble waxes which, when correlated with physical properties of crude oil such as viscosity, pour point, cloud point, etc., may help explain causes of wax deposition during production, transportation and storage of petroleum. (author)

  12. Preparation of Biodiesel by Methanolysis of Crude Moringa Oleifera Oil

    Science.gov (United States)

    Biodiesel was prepared from the unconventional crude oil of Moringa oleifera by transesterification with methanol and alkali catalyst. Moringa oleifera oil is reported for the first time as potential feedstock for biodiesel. Moringa oleifera oil contains a high amount of oleic acid (>70%) with sat...

  13. Modeling of well drilling heating on crude oil using microwave

    Science.gov (United States)

    Muntini, Melania Suweni; Pramono, Yono Hadi; Yustiana

    2016-03-01

    As the world's oil reserves are dwindling, some researchers have been prompted to make a breakthrough to further improve the efficiency of exploration and production. One of the technologies used is heating the crude oil. This paper presents the modeling results of heat treatment on crude oil using microwave energy. Modeling is conducted by assuming that the diameter of the well is 11,16 cm, the heat source is applied on the surface of the well, and the cut-off frequency in the air and on crude oil are 1,56 GHz. and 0.91 GHz, respectively. The energy generated by the microwave radiation is converted into heat energy which is absorbed by the crude oil. Consequently, this energy increases the temperature of crude oil through a heat transfer mechanism. The results obtained showed that the temperature of crude oil is about 200°C at a depth of 62.5cm, and at a distance of 3 cm from the center of the well. Temperature along the well follows an exponential function, which is from the center of the well in the direction radially outward from the cylinder axis. It has been observed that the temperature decreases as measured from the well surface along the cylinder.

  14. Modeling of well drilling heating on crude oil using microwave

    Energy Technology Data Exchange (ETDEWEB)

    Muntini, Melania Suweni, E-mail: melania@physics.its.ac.id; Pramono, Yono Hadi; Yustiana [Physics Department, Institut Teknologi Sepuluh Nopember, Surabaya Kampus ITS, Sukolilo, Surabaya 60111 (Indonesia)

    2016-03-11

    As the world’s oil reserves are dwindling, some researchers have been prompted to make a breakthrough to further improve the efficiency of exploration and production. One of the technologies used is heating the crude oil. This paper presents the modeling results of heat treatment on crude oil using microwave energy. Modeling is conducted by assuming that the diameter of the well is 11,16 cm, the heat source is applied on the surface of the well, and the cut-off frequency in the air and on crude oil are 1,56 GHz. and 0.91 GHz, respectively. The energy generated by the microwave radiation is converted into heat energy which is absorbed by the crude oil. Consequently, this energy increases the temperature of crude oil through a heat transfer mechanism. The results obtained showed that the temperature of crude oil is about 200°C at a depth of 62.5cm, and at a distance of 3 cm from the center of the well. Temperature along the well follows an exponential function, which is from the center of the well in the direction radially outward from the cylinder axis. It has been observed that the temperature decreases as measured from the well surface along the cylinder.

  15. Colombian coal liquefaction and its coprocessing with Venezuelan crude oil

    Energy Technology Data Exchange (ETDEWEB)

    Yoshida, R.; Nagaishi, H. [Hokkaido National Industrial Research Institute, Sapporo (Japan); Ishiguro, H. [Nippon Kokan K.K. Kawasaki (JP)] (and others)

    1999-09-01

    Titiribi coal from Colombia shows an excellent reactivity to liquefaction and coprocessing. Anthracene oil was excellent as a vehicle oil to facilitate the liquefaction reaction during the initial stage at 400{sup o}C. In the case of coprocessing with Morichal crude oil and red-mud/sulfur catalyst, the maximum conversion of Titiribi coal was ca. 79 wt% daf at 400{sup o}C and ca. 93 wt% daf at 450{sup o}C. The hydrogen consumption in the presence of Morichal crude oil is lower than that in the presence of anthracene oil. It is considered to be the effect of hydrogen sulfide and the hydrogen donor ability of Morichal crude oil. (author)

  16. Biodiesel production in crude oil contaminated environment using Chlorella vulgaris.

    Science.gov (United States)

    Xaaldi Kalhor, Aadel; Mohammadi Nassab, Adel Dabbagh; Abedi, Ehsan; Bahrami, Ahmad; Movafeghi, Ali

    2016-12-01

    Biodiesel is a valuable alternative to fossil fuels and many countries choose biodiesel as an unconventional energy source. A large number of investigations have been done on microalgae as a source of oil production. In recent years, wastewater pollutions have caused many ecological problems, and therefore, wastewater phycoremediation has attracted the international attention. This paper studied the cultivation of Chlorella vulgaris in a crude oil polluted environment for biodiesel production. Intended concentrations were 10 and 20gperliter (crude oil/water) at two times. The results showed that the growth of C. vulgaris was improved in wastewater and the maximum amount of dry mass and oil was produced at the highest concentration of crude oil (0.41g and 0.15g/l, respectively). In addition, dry mass and oil yield of the microalga were significantly enhanced by increasing the experiment duration.

  17. (maize) to a crude oil polluted agricultural soil

    African Journals Online (AJOL)

    SERVER

    2007-06-04

    Jun 4, 2007 ... respectively for maize growing on crude oil polluted soils. These results .... organic carbon and total nitrogen contents were analyzed using methods .... applied facilitated the degradation of the contaminant by aiding the ...

  18. effect of crude oil contamination on the compressive strength of ...

    African Journals Online (AJOL)

    hp

    This revealed clearly that crude oil is a compressive strength inhibitor in the production of concrete. ... the near shore community. ... the resulting emulsified water, affect aquatic life [3]. 2. ... impacts. Large areas of the mangrove ecosystem have.

  19. The relationship between SARA fractions and crude oil stability

    Directory of Open Access Journals (Sweden)

    Siavash Ashoori

    2017-03-01

    Full Text Available Asphaltene precipitation and deposition are drastic issues in the petroleum industry. Monitoring the asphaltene stability in crude oil is still a serious problem and has been subject of many studies. To investigate crude oil stability by saturate, aromatic, resin and asphaltene (SARA analysis seven types of crudes with different components were used. The applied methods for SARA quantification are IP-143 and ASTM D893-69 and the colloidal instability index (CII is computed from the SARA values as well. In comparison between CII results, the values of oil compositions demonstrated that the stability of asphaltenes in crude oils is a phenomenon that is related to all these components and it cannot be associated only with one of them, individually.

  20. Will Low Crude Oil Prices Cause a Global Recession?

    National Research Council Canada - National Science Library

    Mariana Papatulica; Petre Prisecaru

    2016-01-01

    ...), in January 2016. Several economists are raising the question whether low crude oil prices are a "growth factor or a curse" for the world economy, and whether they could even cause a recession...

  1. Evaluation of soil microbial communities as influenced by crude oil ...

    African Journals Online (AJOL)

    sunny t

    2015-05-13

    May 13, 2015 ... Key words: Species diversity, impact of crude oil pollution, soil – biota ... and inundated soil environment has proven to be a .... These were stored at -80°. ... For PCR AOA (Polymerase Chain Reaction – Ammonia Oxidizing.

  2. How much crude oil can zooplankton ingest? Estimating the quantity of dispersed crude oil defecated by planktonic copepods

    DEFF Research Database (Denmark)

    Almeda, Rodrigo; Connelly, Tara L.; Buskey, Edward J.

    2016-01-01

    of oil spills in the short term, but may be quantitatively important in the flux of oil from surface water to sediments and in the transfer of low-solubility, toxic petroleum hydrocarbons into food webs after crude oil spills in the sea. (C) 2015 The Authors. Published by Elsevier Ltd. This is an open...

  3. Alaska North Slope crude oil price and the behavior of diesel prices in California

    Energy Technology Data Exchange (ETDEWEB)

    Adrangi, B.; Chatrath, A. [School of Business Administration, University of Portland, 5000 N. Willamette Blvd., 97203 Portland, OR (United States); Raffiee, K. [Department of Economics, College of Business Administration, 89557 Reno, NV (United States); Ripple, R. [Faculty of Business, School of Finance and Business Economics, Edith Cowan University, 100 Joondalup Drive, Western Australia 6027 Joondalup (Australia)

    2001-01-01

    In this paper we analyze the price dynamics of Alaska North Slope crude oil and L.A. diesel fuel prices. We employ VAR methodology and bivariate GARCH model to show that there is a strong evidence of a uni-directional causal relationship between the two prices. The L.A. diesel market is found to bear the majority of the burden of convergence when there is a price spread. This finding may be seen as being consistent with the general consensus that price discovery emanates from the larger, more liquid market where trading volume is concentrated. The contestability of the West Coast crude oil market tends to cause it to react relatively competitively, while the lack of contestability for the West Coast diesel market tends to limit its competitiveness, causing price adjustment to be slow but to follow the price signals of crude oil. Our findings also suggest that the derived demand theory of input pricing may not hold in this case. The Alaska North Slope crude oil price is the driving force in changes of L.A. diesel price.

  4. Kurdistan crude oils as feedstock for production of aromatics

    Directory of Open Access Journals (Sweden)

    Abdulsalam R. Karim

    2017-05-01

    Full Text Available Crude oils from various locations in Iraqi Kurdistan were fully evaluated, so that enables refiners to improve their operation by selecting the best crude oil that yields high naphtha content to be used as a catalytic reforming feedstock after determination of total sulfur content and then de sulfurizing them, then cyclizing or reforming these sweet naphtha cuts to produce aromatic fractions which can be split into benzene, toluene, and xylenes.

  5. ESTIMATE OF WORLD HEAVY CRUDE OIL AND NATURAL BITUMEN RESOURCES.

    Science.gov (United States)

    Meyer, Richard F.; Schenk, Christopher J.

    1985-01-01

    The quantity of heavy hydrocarbons - heavy crude oil and natural bitumens - known or surmised to be present in the earth is large. The total is estimated to fall in the range of 5,879,712-5,942,139 million barrels. The portion of this that may ultimately prove recoverable is small, perhaps on the order of 500,000 million barrels of heavy crude oil and 200,000 million barrels of bitumen.

  6. How equity markets view heavy oil

    Energy Technology Data Exchange (ETDEWEB)

    Janisch, M.L. [BMO Nesbitt Burns, Calgary, AB (Canada)

    2001-07-01

    A review of heavy oil economics was presented in this power point presentation with particular focus on investor motivation, the importance of heavy oil, and an outlook on commodity price for oil and natural gas. Heavy oil from oil sands is playing a major role on the Canadian domestic production front as well as globally. Almost all senior Canadian producers have a major heavy oil project in the works. Oil prices are forecasted to remain strong, but a more bullish outlook is expected for natural gas prices for both the short and long term. Natural gas drilling has increased, but the number of natural gas wells as a percentage of total wells has decreased. Recent Canadian drilling activity has placed more emphasis on crude oil production which has contributed to the lower overall natural gas drilling success rate. It was shown that infrastructure issues regarding tankers, refining capacity (at or near capacity) will be the major factor affecting the availability of crude products to market. It was also shown that heavy oil differentials have increased substantially, which could be a potential issue if oil prices begin to weaken. 1 tab., 12 figs.

  7. Effect of asphaltenes on crude oil wax crystallization

    DEFF Research Database (Denmark)

    Kriz, Pavel; Andersen, Simon Ivar

    2005-01-01

    The paper summarizes the experimental work done on asphaltene influenced wax crystallization. Three different asphaltenes (from stable oil, instable oil, and deposit) were mixed at several concentrations or dispersions into the waxy crude oil. These blends were evaluated by viscometry and yield...... stress measurement and compared with the original crude oil. A complex asphaltene−wax interaction as a function of asphaltene concentration and degree of asphaltene dispersion under dynamic and static condition was observed. The crystallization and the wax network strength was strongly dependent...... influence the wax crystallization at static condition more significantly than the more flocculated....

  8. Effect of asphaltenes on crude oil wax crystallization

    DEFF Research Database (Denmark)

    Kriz, Pavel; Andersen, Simon Ivar

    2005-01-01

    The paper summarizes the experimental work done on asphaltene influenced wax crystallization. Three different asphaltenes (from stable oil, instable oil, and deposit) were mixed at several concentrations or dispersions into the waxy crude oil. These blends were evaluated by viscometry and yield...... stress measurement and compared with the original crude oil. A complex asphaltene−wax interaction as a function of asphaltene concentration and degree of asphaltene dispersion under dynamic and static condition was observed. The crystallization and the wax network strength was strongly dependent...... influence the wax crystallization at static condition more significantly than the more flocculated....

  9. Bioconversion of heavy crude oils: A basis for new technology

    Energy Technology Data Exchange (ETDEWEB)

    Premuzic, E.T.; Lin, M.S.; Lian, H.

    1995-10-01

    Systematic studies of chemical mechanisms by which selected microorganisms react with crude oils have led to the identification of biochemical markers characteristic of the interactions of microbes with oils. These biomarkers belong to several groups of natural products ranging from saturate and polyaromatic hydrocarbons containing heterocyclics to organometallic compounds. The biochemical conversions of oils can be monitored by these chemical markers, which are particularly useful in the optimization of biochemical processing, cost efficiency, and engineering studies. Recent results from these studies will be discussed in terms of biochemical technology for the processing of crude oils.

  10. Hydrogen isotope type-curves of very hot crude oils.

    Science.gov (United States)

    Fekete, József; Sajgó, Csanád; Demény, Attila

    2011-01-15

    Several crude oil accumulations in the Pannonian Basin are trapped in uncommonly hot (>170°C) reservoirs. Their maturities range from mature to very mature on the basis of cracking parameters of their biological marker homologous series (ratio of products to reactants). A stable carbon isotopic study of these oils, poor in biological markers commonly used for correlation purposes, did not provide a reliable oil-to-oil correlation. As an alternative tool, the hydrogen isotope compositions of oil fractions separated on the basis of different polarities were measured, and hydrogen isotope type-curves were generated for a set of mature to very mature crude oil samples. This method of presenting hydrogen isotope composition of fractions as type-curves is novel. Nineteen samples (17 crude oils from SE-Hungary, 1 oil condensate and 1 artificial oil) were chosen for the present study. The aim was to examine the applicability of hydrogen isotope type-curves in oil-to-oil correlation and to test the simultaneous application of carbon and hydrogen isotope type-curves in the field of petroleum geochemistry. We have shown that, although the conventionally used co-variation plots proved to be inadequate for the correlation of these hot and mature oils, the simultaneous use of carbon and the newly introduced hydrogen isotope type-curves allows us to group and distinguish oils of different origins.

  11. ISOLATION AND CHARACTERIZATION OF CRUDE OIL DEGRADING BACILLUS SPP.

    Directory of Open Access Journals (Sweden)

    A. Akhavan Sepahi, I. Dejban Golpasha, M. Emami, A. M. Nakhoda

    2008-07-01

    Full Text Available Today, application of microorganisms for removing crude oil pollution from contaminated sites as bioremediation studies, was considered by scientists because other methods such as surfactant washing and incineration lead to production of more toxic compounds and they are non-economic. Fifteen crude oil degrading bacillus spp. were isolated from contaminated sites. Two isolated showed best growth in liquid media with 1-3% (v/v crude oil and mineral salt medium, then studied for enzymatic activities on tested media. The results showed maximal increase in optical densities and total viable count concomitant with decrease in pH on fifth day of experimental period for bacillus S6. Typical generation time on mineral salt with 1% crude oil is varying between 18-20h, 25-26h respectively for bacillus S6 and S35. Total protein was monitored at determined time intervals as biodegradation indices. Increasing of protein concentration during the incubation period reveals that isolated bacillus can degrade crude oil and increase microbial biomass. These bacillus spp. reduced surface tension from 60 (mN/m to 31 and 38 (mN/m, It means that these bacillus spp. can produce sufficient surfactant and have good potential of emulsification capacity. The results demonstrated that these bacillus spp. can utilize crude oil as a carbon and energy source.

  12. Evaluation of biosurfactants for crude oil contaminated soil washing.

    Science.gov (United States)

    Urum, Kingsley; Pekdemir, Turgay

    2004-12-01

    An evaluation of the ability of aqueous biosurfactant solutions (aescin, lecithin, rhamnolipid, saponin and tannin) for possible applications in washing crude oil contaminated soil was carried out. The biosurfactants behaviour in soil-water, water-oil and oil-soil systems (such as foaming, solubilization, sorption to soil, emulsification, surface and interfacial tension) was measured and compared with a well-known chemical surfactant (sodium dodecyl sulphate, SDS) at varying concentrations. Results showed that the biosurfactants were able to remove significant amount of crude oil from the contaminated soil at different solution concentrations for instance rhamnolipid and SDS removed up to 80% oil and lecithin about 42%. The performance of water alone in crude oil removal was equally as good as those of the other biosurfactants. Oil removal was due to mobilization, caused by the reduction of surface and interfacial tensions. Solubilization and emulsification effects in oil removal were negligible due to the low crude oil solubilization of 0.11%. Therefore, these studies suggest that knowledge of surfactants' behaviour across different systems is paramount before their use in the practical application of oil removal.

  13. Combined heating and chemical treatment for oil recovery from aging crude oil.

    Science.gov (United States)

    Hou, Chunjuan; Jiang, Qingzhe; Song, Zhaozheng; Tan, Guorong; Shi, Zhan

    2016-07-01

    With increasing use of chemical oil displacement agents in tertiary recovery and the application of various demulsifiers for crude oil dehydration, a large amount of aging crude oil containing a high ratio of water is produced, and it is very difficult for processing and utilisation. In this article, we chose aging crude oil samples from a union station in an oilfield in China. Sample composition was analysed to demonstrate that the key of aging crude oil dehydration is the removal of solid impurities. Thus, an efficient method of combining heating and chemical treatments was developed to treat aging crude oil. It includes two steps: The first step is washing of aging crude oil with hot water with sodium dodecylbenzene sulfonate; the second step is chemical demulsification of the above mixture with hydrochloric acid and sodium chloride solution. The result showed that 2.9% of solid impurities and 29.2% of water were removed in the first step; 27.2% of oil, 24.3% of water, and 3.47% of solid impurities in the aging crude oil were recycled in the second step. A total 87.07% of aging crude oil could be solved with this method. The present two-step treatment method can ensure that the dehydration process runs normally and efficiently in the union station, making it a promising method in the recycling of aging crude oil. © The Author(s) 2016.

  14. Standard guide for determining corrosivity of crude oils

    CERN Document Server

    American Society for Testing and Materials. Philadelphia

    2010-01-01

    1.1 This guide presents some generally accepted laboratory methodologies that are used for determining the corrosivity of crude oil. 1.2 This guide does not cover detailed calculations and methods, but rather a range of approaches that have found application in evaluating the corrosivity of crude oil. 1.3 Only those methodologies that have found wide acceptance in crude oil corrosivity evaluation are considered in this guide. 1.4 This guide does not address the change in oil/water ratio caused by accumulation of water at low points in a pipeline system. 1.5 This guide is intended to assist in the selection of methodologies that can be used for determining the corrosivity of crude oil under conditions in which water is present in the liquid state (typically up to 100°C). These conditions normally occur during oil and gas production, storage, and transportation in the pipelines. 1.6 This guide does not cover the evaluation of corrosivity of crude oil at higher temperatures (typically above 300°C) that oc...

  15. [Synthesis of biodiesel from crude oil by immobilized lipase].

    Science.gov (United States)

    Li, Junkui; Lu, Jike; Wang, Fang; Tan, Tianwei; Deng, Li

    2009-06-01

    We used immobilized lipase from Candida sp. 99-125 to produce fatty acid methyl esters (FAMEs) from crude oil and methanol. We studied the effects of phospholipids on activity of immobilized lipase, reaction velocity, stability of immobilized lipase and the stability of immobilized lipase in crude and refined oil. Results showed that the activity of the lipase immersed in petroleum ether with 1% phospholipids dropped more quickly than the lipase in petroleum ether without phospholipids. When soybean oil was used without phospholipids as material, the FAMEs yield of 15 min was 26.2%, whereas the yield decreased to 12.4% when there were 5% phospholipids in the soybean oil. However when the phospholipids content was below 1%, the stability of the lipase did not change obviously. The lipase was stable when used to catalyze crude soybean oil and crude jatropha oil, after 10 cycles the FAMEs yield was still above 70%. This lipase showed great potential for industrial production of biodiesel from crude oil.

  16. Impact of Expanded North Slope of Alaska Crude Oil Production on Oil Flows in the Contiguous United States (Summary)

    Energy Technology Data Exchange (ETDEWEB)

    DeRosa, Sean e. [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Flanagan, Tatiana Paz [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States)

    2017-05-01

    Crude oil produced on the North Slope of Alaska (NSA) is primarily transported on the Trans-Alaska Pipeline System (TAPS) to in-state refineries and the Valdez Marine Terminal in southern Alaska. From the Terminal, crude oil is loaded onto tankers and is transported to export markets or to three major locations along the U.S. West Coast: Anacortes-Ferndale area (Washington), San Francisco Bay area, and Los Angeles area. North Slope of Alaska production has decreased about 75% since the 1980s, which has reduced utilization of TAPS.

  17. Crude Oil Stockpiling Needed in China

    Institute of Scientific and Technical Information of China (English)

    Fu Bin

    1997-01-01

    @@ The two oil crises in the 1970's had badly disturbed the economy and the way of life of those oil importing countries, which began to realize the importance of oil stockpiling. With the rapid development of economy, China could no longer satisfy itself soly with the domesticallyproduced oil.

  18. Cracking conditions of crude oil under different geological environments

    Institute of Scientific and Technical Information of China (English)

    2008-01-01

    There are mainly 3 kinds of existing states of oil generating from source rocks,that is,dispersive liquid hydrocarbon inside of source rock,dispersive liquid hydrocarbon outside of source rock and concentrated liquid hydrocarbon outside of source rock.Because of the differences in thermal history and medium conditions around,and the interaction of organic and inorganic matter,the liquid hydrocarbon with 3 kinds of existing state has different cracking conditions.The gas generation dynamics experiments of crude oil matching different mediums indicate that the distribution of activation energy of methane changes a lot according to medium difference.The carbonate has a main influence on oil cracking conditions and can largely reduce its activation energy,which reflects the lower cracking temperature of crude oil.The mudstone takes a second place and the sandstone is the smallest.The catalytic cracking function to the oil of the carbonate,of the mudstone and of the sandstone changes weaken in turn.The corresponding Ro values of main gas generation period in different mediums are as follows:1.5%―3.8%with pure crude oil,1.2%―3.2%with dispersive crude oil in carbonate,1.3%~3.4% with dispersive crude oil in mudstone and 1.4%―3.6%with dispersive crude oil in sandstone.The influence of pressure to crude oil cracking is relatively complicated.In the low heating speed condition, pressure restrains the oil cracking and gas generation,but in the high heating speed condition,pressure has an indistinctive influence to the oil cracking and gas generation.Pressure also makes a different effort in different evolvement stage.Taking the middle and lower Cambrian source rocks in the Tarim Basin as an example,primary oil generating quantity is 2232.24×10 8 t,residual oil and oil cracking gas quantity is 806.21×10 8 t and 106.95×10 12 m 3 respectively.

  19. Upgrading of maatjes herring byproducts: production of crude fish oil

    NARCIS (Netherlands)

    Aidos, I.; Padt, van der A.; Boom, R.M.; Luten, J.B.

    2001-01-01

    Fish oil has been extracted from byproducts of the maatjes (salted) herring production using a pilot plant consisting of a mincer, heat exchanger, and three-phase decanter. The crude herring oil obtained had an initial peroxide value (PV), anisidine value (AV) and free fatty acids (FFA) level of onl

  20. Dispersed catalysts for transforming extra heavy crude oil into transportable upgraded crude: phase identification

    Energy Technology Data Exchange (ETDEWEB)

    Martinez, S.; Canizales, E.; Machin, I. [Gerencia Depttal de Investigacion Estrategica en Refinacion PDVSA Intevep (Venezuela); Segovia, X.; Rivas, A.; Lopez, E.; Pena, J.P.; Rojas, J.D.; Sardella, R. [Gerencia Depttal de Infraestructura y Mejoramiento en Faja Petrolifera PDVSA Intevep (Venezuela)

    2011-07-01

    A new technology to convert extra heavy crude oil into transportable upgraded crude has been developed. A water/oil emulsion composed of steam and catalyst precursors is introduced in the feed which then generates unsupported dispersed catalyst in situ under thermal decomposition. The aim of this paper is to characterize the particles. The study was conducted in a laboratory and on a pilot scale on three different vacuum residues using high resolution transmission electron microscopy and a transmission electron microscope. Results showed that the particles were formed by oxides and inorganic sulphur based in transition metals and their sizes ranged between 5 and 120 nm; in addition, good dispersion was observed. This study demonstrated that the process involved in the generation of dispersed catalyst is extremely complex and showed that further work with heavy crude oils and its residua is required to understand the mechanisms involved.

  1. Bacterial Biodegradation of Crude Oil Using Local Isolates

    Directory of Open Access Journals (Sweden)

    Raed S. Al-Wasify

    2014-01-01

    Full Text Available An experimental study was undertaken to assess the efficiency of Pseudomonas aeruginosa, Bacillus subtilis, and Acinetobacter lwoffi isolated from petroleum contaminated water and soil samples to degrade crude oil, separately and in a mixed bacterial consortium. Capillary gas chromatography was used for testing the effect of those bacterial species on the biodegradation of crude oil. Individual bacterial cultures showed less growth and degradation than did the mixed bacterial consortium. At temperature 22°C, the mixed bacterial consortium degraded a maximum of 88.5% of Egyptian crude oil after 28 days of incubation. This was followed by 77.8% by Pseudomonas aeruginosa, 76.7% by Bacillus subtilis, and 74.3% by Acinetobacter lwoffi. The results demonstrated that the selected bacterial isolates could be effective in biodegradation of oil spills individually and showed better biodegradation abilities when they are used together in mixed consortium.

  2. Characteristics of bicyclic sesquiterpanes in crude oils and petroleum products.

    Science.gov (United States)

    Yang, Chun; Wang, Zhendi; Hollebone, Bruce P; Brown, Carl E; Landriault, Mike

    2009-05-15

    This study presents a quantitative gas chromatography-mass spectrometry analysis of bicyclic sesquiterpanes (BSs) in numerous crude oils and refined petroleum products including light and mid-range distillate fuels, residual fuels, and lubricating oils collected from various sources. Ten commonly recognized bicyclic sesquiterpanes were determined in all the studied crude oils and diesel range fuels with principal dominance of BS3 (C(15)H(28)), BS5 (C(15)H(28)) and BS10 (C(16)H(30)), while they were generally not detected or in trace in light fuel oils like gasoline and kerosene and most lubricating oils. Laboratory distillation of crude oils demonstrated that sesquiterpanes were highly enriched in the medium distillation fractions of approximately 180 to 481 degrees C and were generally absent or very low in the light distillation fraction (boiling point to approximately 180 degrees C) and the heavy residual fraction (>481 degrees C). The effect of evaporative weathering on a series of diagnostic ratios of sesquiterpanes, n-alkanes, and biomarkers was evaluated with two suites of weathered oil samples. The change of abundance of sesquiterpanes was used to determine the extent of weathering of artificially evaporated crude oils and diesel. In addition to the pentacyclic biomarker C(29) and C(30) alphabeta-hopane, C(15) and C(16) sesquiterpanes might be alternative internal marker compounds to provide a direct way to estimate the depletion of oils, particularly diesels, in oil spill investigations. These findings may offer potential applications for both oil identification and oil-source correlation in cases where the tri- to pentacyclic biomarkers are absent due to refining or environmental weathering of oils.

  3. Forecasting Long-Term Crude Oil Prices Using a Bayesian Model with Informative Priors

    Directory of Open Access Journals (Sweden)

    Chul-Yong Lee

    2017-01-01

    Full Text Available In the long-term, crude oil prices may impact the economic stability and sustainability of many countries, especially those depending on oil imports. This study thus suggests an alternative model for accurately forecasting oil prices while reflecting structural changes in the oil market by using a Bayesian approach. The prior information is derived from the recent and expected structure of the oil market, using a subjective approach, and then updated with available market data. The model includes as independent variables factors affecting oil prices, such as world oil demand and supply, the financial situation, upstream costs, and geopolitical events. To test the model’s forecasting performance, it is compared with other models, including a linear ordinary least squares model and a neural network model. The proposed model outperforms on the forecasting performance test even though the neural network model shows the best results on a goodness-of-fit test. The results show that the crude oil price is estimated to increase to $169.3/Bbl by 2040.

  4. Analysis of the Behavior of Volatility in Crude Oil Price

    Directory of Open Access Journals (Sweden)

    Fernando Antonio Lucena Aiube

    2014-02-01

    Full Text Available This article analyzes volatility in the spot price of crude oil. In recent years the price has also increased reaching more than US$ 140/barrel in the last decade. Moreover, the negotiated trading volume in the futures market in recent years higher than the trading volume of the earlier years. How these changes have affected the volatility in the oil prices? Does the presence of huge players, which leads to an increase in the volume under negotiation, increase volatility? Has the persistence been affected? To answer these questions, we first estimated spot prices using the two-factor model of Schwartz and Smith. With this filtering process we can capture the entire information from the future term-structure. We then analyzed the estimated spot-price series to identify the stylized facts and then adjusted conditional volatility models of GARCH family. Our findings show that the volatility in the high prices period is not different from that of low prices. The shocks behaved as transitory and the persistence in the high prices period decreased. This fact has pricing and hedging implications for short-term derivatives.

  5. CRUDE PALM OIL AS A BIOADDITIVE IN POLYPROPYLENE BLOWN FILMS

    Directory of Open Access Journals (Sweden)

    Emiliana Rose Jusoh,

    2012-01-01

    Full Text Available Growing public concern about environment and potential risks to health in the polymer and plasticizer industry promises to increase the market for a safer alternative plasticizer such as a vegetable oil-based agent. The purpose of this study was to investigate the potential of crude palm oil as a bio-additive in polypropylene blown films. The polypropylene was blended with 1%, 3%, and 5% dosages of CPO using a twin screw extruder. The extruded samples were blown using the blown thin film technique. Mechanical, physical, and morphological properties were characterized. Modifying polypropylene with CPO showed good enhancement in the mechanical properties of the polypropylene. Tensile strength, elongation at break, impact strength, and tear strength all increased. The scanning electron microscopy photographs of the CPO-modified PP clearly supported the results from the mechanical strength tests. The presence of CPO in the PP matrices decreased the density and increased the melt flow rate. These findings contribute new knowledge to the additives area and give important implications for designing and manufacturing polymer packaging materials.

  6. Assessment of crude oil biodegradation in arctic seashore sediments: effects of temperature, salinity, and crude oil concentration.

    Science.gov (United States)

    Sharma, Priyamvada; Schiewer, Silke

    2016-08-01

    The expected increase in offshore oil exploration and production in the Arctic may lead to crude oil spills along arctic shorelines. To evaluate the potential effectiveness of bioremediation to treat such spills, oil spill bioremediation in arctic sediments was simulated in laboratory microcosms containing beach sediments from Barrow (Alaska), spiked with North Slope Crude, and incubated at varying temperatures and salinities. Biodegradation was measured via respiration rates (CO2 production); volatilization was quantified by gas chromatography/mass spectrophotometry (GC/MS) analysis of hydrocarbons sorbed to activated carbon, and hydrocarbons remaining in the sediment were quantified by GC/flame ionization detector (FID). Higher temperature leads to increased biodegradation by naturally occurring microorganisms, while the release of volatile organic compounds was similar at both temperatures. Increased salinity had a small positive impact on crude oil removal. At higher crude oil dosages, volatilization increased, however CO2 production did not. While only a small percentage of crude oil was completely biodegraded, a larger percentage was volatilized within 6-9 weeks.

  7. CRUDE OIL PRICE FORECASTING WITH TEI@I METHODOLOGY

    Institute of Scientific and Technical Information of China (English)

    WANG Shouyang; YU Lean; K.K.LAI

    2005-01-01

    The difficulty in crude oil price forecasting,due to inherent complexity,has attracted much attention of academic researchers and business practitioners.Various methods have been tried to solve the problem of forecasting crude oil prices.However,all of the existing models of prediction can not meet practical needs.Very recently,Wang and Yu proposed a new methodology for handling complex systems-TEI@I methodology by means of a systematic integration of text mining,econometrics and intelligent techniques.Within the framework of TEI@I methodology,econometrical models are used to model the linear components of crude oil price time series (i.e.,main trends) while nonlinear components of crude oil price time series (i.e.,error terms) are modelled by using artificial neural network (ANN) models.In addition,the impact of irregular and infrequent future events on crude oil price is explored using web-based text mining (WTM) and rule-based expert systems (RES) techniques.Thus,a fully novel nonlinear integrated forecasting approach with error correction and judgmental adjustment is formulated to improve prediction performance within the framework of the TEI@I methodology.The proposed methodology and the novel forecasting approach are illustrated via an example.

  8. A Study on the Determination of the World Crude Oil Price and Methods for Its Forecast

    Energy Technology Data Exchange (ETDEWEB)

    Kim, J.K. [Korea Energy Economics Institute, Euiwang (Korea)

    2001-11-01

    The primary purpose of this report is to provide the groundwork to develop the methods to forecast the world crude oil price. The methodology is used by both literature survey and empirical study. For this purpose, first of all, this report reviewed the present situation and the outlook of the world oil market based on oil demand, supply and prices. This analysis attempted to provide a deeper understanding to support the development of oil forecasting methods. The result of this review, in general, showed that the oil demand will be maintained annually at an average rate of around 2.4% under assumption that oil supply has no problem until 2020. The review showed that crude oil price will be a 3% increasing rate annually in the 1999 real term. This report used the contents of the summary review as reference data in order to link the KEEIOF model. In an effort to further investigate the contents of oil political economy, this report reviewed the articles of political economy about oil industry. It pointed out that the world oil industry is experiencing the change of restructuring oil industry after the Gulf War in 1990. The contents of restructuring oil industry are characterized by the 'open access' to resources not only in the Persian Gulf, but elsewhere in the world as well - especially the Caspian Sea Basin. In addition, the contents showed that the oil industries are shifted from government control to government and industry cooperation after the Gulf War. In order to examine the characters and the problems surrounding oil producing countries, this report described the model of OPEC behavior and strategy of oil management with political and military factors. Among examining the models of OPEC behavior, this report focused on hybrid model to explain OPEC behavior. In reviewing political and religious power structure in the Middle East, the report revealed that US emphasizes the importance of the Middle East for guaranteeing oil security. However, three

  9. Rheological properties of crude oils in Yaregskoye and Yaraktinskoye oil fields

    Science.gov (United States)

    Manzhai, V. N.; Le Grand Monkam Monkam, Clovis; Terre, D. A.

    2016-09-01

    Rotary viscometer tests of crude oil with a high content of resins and asphaltenes (Yaregskoye oil field) and crude oil with high paraffin content (Yaraktinskoye oil field) have been conducted. The typical flow curves for these oil types have been plotted. It has been detected that these oils are non-Newtonian fluids, viscosity of which is dependent on shear rate. Based on Arrhenius-Eyring equation, calculations of viscous flow activation energy and complex structural unit (CSU) sizes have been performed. It has been stated that there is a tenfold reduction in CSU size in asphaltic crude oil with the increase in shear rate in a rotary viscometer, while particle size in paraffinic crude oil does not essentially change under the same hydrodynamic conditions.

  10. Isolation and identification of an ester from a crude oil

    Science.gov (United States)

    Phillips, H.F.; Breger, I.A.

    1958-01-01

    A dioctylphthalate has been isolated from a crude oil by means of adsorption column chromatography. The ester was identified by means of elemental analysis, refractive index, and its infra-red absorption spectrum. Saponification of the isolate and examination of the resultant alcohol by means of infrared absorption spectra led to the conclusion that the ester is a branched chain dioctylphthalate. This is the first reported occurrence of an ester in crude petroleum. ?? 1958.

  11. Some advances in crude oil rheology and its application

    Institute of Scientific and Technical Information of China (English)

    张劲军; 柳歆

    2008-01-01

    Waxy crude oil exhibits complex shear-and-thermal-history-dependent non-Newtonian behaviors.In the past 10 years,driven by the petroleum industry,crude oil rheology has been an active field.Studies on crude oil rheology have been passing a way from simply relying on rheological measurements,through quantitative experimental simulation of shear and thermal history effects in pipelining,to recent development of correlation between flow properties and shear and thermal history.Currently,the study is toward quantitative inquiry of relations between the rheological behaviors and micro-structures of wax crystals as well as oil compositions.Advances achieved by the author’ team are summarized,including simulation of the thermal and shear history effects,correlations and computation of flow properties,fractal characterization of morphology and structure of wax crystals,relations of rheological behaviors to fractal dimension and oil compositions,and the most successful example of the application of rheology in crude oil pipelining.Future studies are prospected.

  12. Simultaneous optimization of heat-integrated crude oil distillation systems☆

    Institute of Scientific and Technical Information of China (English)

    Yiqing Luo; Liwen Wang; He Wang; Xigang Yuan

    2015-01-01

    Crude oil distil ation is important in refining industry. Operating variables of distil ation process have a critical ef-fect on product output value and energy consumption. However, the objectives of minimum energy consumption and maximum product output value do not coordinate with each other and do not lead to the maximum eco-nomic benefit of a refinery. In this paper, a systematic optimization approach is proposed for the maximum an-nual economic benefit of an existing crude oil distil ation system, considering product output value and energy consumption simultaneously. A shortcut model in Aspen Plus is used to describe the crude oil distillation and the pinch analysis is adopted to identify the target of energy recovery. The optimization is a nonlinear program-ming problem and solved by stochastic algorithm of particle warm optimization.

  13. US crude oil, natural gas, and natural gas liquids reserves

    Energy Technology Data Exchange (ETDEWEB)

    1990-10-05

    This report presents estimates of proved reserves of crude oil, natural gas, and natural gas liquids as of December 31, 1989, and production volumes for the year 1989 for the total United States and for selected states and state sub-divisions. Estimates are presented for the following four categories of natural gas: total gas (wet after lease separation), its two major components (nonassociated and associated-dissolved gas), and total dry gas (wet gas adjusted for the removal of liquids at natural gas processing plants). In addition, two components of natural gas liquids, lease condensate and natural gas plant liquids, have their reserves and production reported separately. Also included is information on indicated additional crude oil reserves and crude oil, natural gas, and lease condensate reserves in nonproducing reservoirs. 28 refs., 9 figs., 15 tabs.

  14. In-Situ Burning of Crude Oil on Water

    DEFF Research Database (Denmark)

    van Gelderen, Laurens

    in the small scale water basin. Boilovers were also observed during the burning of a heavy crude oil with a substantial light fraction without a water layer, however, which suggests that water is not essential for boilover occurrence. Further studies are required to determine the conditions under which......The fire dynamics and fire chemistry of in-situ burning of crude oil on water was studied in order to improve predictions on the suitability of this oil spill response method. For this purpose, several operational parameters were studied to determine the factors that control the burning efficiency...... of in-situ burning, i.e. the amount of oil (in wt%) removed from the water surface by the burning process. The burning efficiency is the main parameter for expressing the oil removal effectiveness of in-situ burning as response method and is thus relevant for suitability predictions of in-situ burning...

  15. World crude oil and natural gas. A demand and supply model

    Energy Technology Data Exchange (ETDEWEB)

    Krichene, Noureddine [International Monetary Fund, 700, 19 Street, 20431 Washington, DC (United States)

    2002-11-01

    This paper examines world markets for crude oil and natural gas over the period 1918-1999; it analyzes the time-series properties of output and prices and estimates demand and supply elasticities during 1918-1973 and 1973-1999. Oil and gas prices were stable during the first period; they became volatile afterwards, reflecting deep changes in the market structure following the oil shock in 1973. Demand price elasticities were too low; however, demand income elasticities were high. Supply price elasticities were also too low. The elasticity estimates help to explain the market power of the oil producers and price volatility in response to shocks, and corroborate elasticity estimates in energy studies.

  16. World crude oil and natural gas: a demand and supply model

    Energy Technology Data Exchange (ETDEWEB)

    Krichene, N. [International Monetary Fund, Washington, DC (United States)

    2002-11-01

    This paper examines world markets for crude oil and natural gas over the period 1918-1999; it analyzes the time-series properties of output and prices and estimates demand and supply elasticities during 1918-1973 and 1973-1999. Oil and gas prices were stable during the first period; they became volatile afterwards, reflecting deep changes in the market structure following the oil shock in 1973. Demand price elasticities were too low; however, demand income elasticities were high. Supply price elasticities were also too low. The elasticity estimates help to explain the market power of the oil producers and price volatility in response to shocks, and corroborate elasticity estimates in energy studies. (author)

  17. Imported resources - oil crude oil processing in the Czech Republic and its prospectives

    Energy Technology Data Exchange (ETDEWEB)

    Soucek, I.; Ottis, I. [Kaucuk, Kralupy nad Vitavou (Czechoslovakia)

    1995-12-01

    This paper examines the availability of various crude oils, addressing specifically crude oil pipelines to the Czech Republic, both existing and under construction. Secondly, the economic status of two main Czech refineries is examined in comparison to international trends, technical configurations, and product supply and demand.

  18. The influence of magnetic fields on crude oils viscosity

    Energy Technology Data Exchange (ETDEWEB)

    Goncalves, Jose L.; Bombard, Antonio J. F. [Universidade Federal de Itajuba (UNIFEI), Itajuba, MG (Brazil). Instituto de Ciencias Exatas. Lab. de Reologia

    2009-07-01

    The crystallization of paraffin causes serious problems in the process of transportation of petroleum. This phenomenon increases the crude oil viscosity and implies an organic resin accumulation on pipeline wall, resulting in a reduced flux area or totally blocked pipes. One of the most challenging tasks for pipeline maintenance is solving this problem at low cost. Therefore, a method that inhibits the crystallization of paraffin and reduces the viscosity of crude oil could have many useful applications within the petroleum industry. Recent studies showed that magnetic fields reduce the Wax Appearance Temperature (WAT) and the viscosity of paraffin-based crude oil. For better understanding of this discovery, a series of tests was performed. This paper will show the influence of a DC magnetic field on rheological proprieties of three crude oils with different paraffin concentrations: a crude oil sample with 11 % p/p of paraffin concentration (sample 1); a crude oil sample with 6 % p/p of paraffin concentration (sample 2); a mixture of paraffin plus light crude oil with a total of 11 % p/p of paraffin concentration. These samples were placed in an electromagnet that generates a magnetic field of 1.3 Tesla. The samples' temperatures were conditioned around their Wax Appearance Temperature (WAT), and they were exposed to the field. As the viscosity of crude oil is very sensitive to the changes in temperature, it was ensured that the temperature has remained constant throughout the process. The sample 1 revealed a considerable reduction of viscosity: its original viscosity was 66 cP before magnetic field exposure, after that its viscosity was reduced to 39 cP. The other samples showed the same viscosity, before and after the magnetic field exposure. Since the samples 1 and 3 have the same paraffin concentrations, the viscosity reduction is not due only to the presence of paraffin; there must be other factors responsible for the interaction of sample 1 with the

  19. Asia-Pacific lube oil markets

    Energy Technology Data Exchange (ETDEWEB)

    Yamaguchi, N.

    2001-06-01

    An overview of the Asia-Pacific (AP) lubricating oils market, its special characteristics, and its role in the global economy are presented. In the 'boom and bust' years of 1997-1999, the Asia-Pacific market was even bigger then the US market. For the short-term, the scenario is surplus capacity and poor margins, but in the long term there is enormous potential for growth. How fuel demand and quality is related to engine type is discussed. The three basic grades of baseoils are described, and the Asia-Pacific lube demand and the Asia-Pacific lube oil supply are discussed. There are 15 diagrams giving data on: (i) finished lubes in world markets as a percentage of total; (ii) how lube demand follows GDP per capita in Asia; (iii) AP baseoil capacity relationships; (iv) AP baseoil disposition by end use; (v) AP changing shares of baseoil demand; (vi) AP finished lube demand by subregion; (vii) AP finished lube demand growth, indexed; (viii) AP baseoil capacity by region; Singapore baseoil vs. Dubai crude prices, 1992-99; (ix) Singapore baseoil vs. crude prices, 1992-99; (x) AP baseoil deficit moved to surplus; (xi) AP baseoil production; (xii) East Asia net percentage change in lube sales, 1997-1999. (xiii) Southeast Asia net percentage change in lube sales, 1997-1999; (xiv) South East Asia and Australia net percentage change in lube sales, 1997-1999 and (xv) Asia-Pacific major lube marketers.

  20. Research on the trend of Yen exchange rate and international crude oil price fluctuation affected by Japan’s earthquake

    Directory of Open Access Journals (Sweden)

    Xiaoguang Li

    2014-05-01

    Full Text Available Purpose: Whether this earthquake would become a turning point of the high oil price and whether it would have big impact on yen exchange rate are two issues to be discussed in this paper.Design/methodology/approach: To analyze deeply the internal relations between changes in yen exchange rate caused by Japan’s earthquake and price fluctuation of international crude oil, this research chooses middle rate of yen exchange rate during the 45 days around Japan’s earthquake and price data of international crude oil to do an empirical study, uses VAR model and HP trend decomposition to estimate the mutual effect of yen exchange rate change and price fluctuation of international crude oil in this period.Findings: It has been found in the empirical study with VAR model and HP filter decomposition model on the yen exchange rate and the international crude oil price fluctuation during 45 days around Japan’s earthquake that: the fluctuation of yen exchange rate around the earthquake is one of the main reasons for the drastic fluctuation of international crude oil price in that period. The fluctuation of international crude oil price directly triggered by yen exchange rate occupies 13.54% of its total variance. There is a long-term interactive relationship between yen exchange rate and international crude oil price. The upward trend of international crude oil price after the earthquake was obvious, while yen exchange rate remained relatively stable after the earthquake.Originality/value: As economic globalization goes deeper, the influence of natural disasters on international financial market and world economy will become more and more obvious. It has a great revelatory meaning to studying further each kind of natural disaster’s impacts on international financial market and world economics.

  1. Upgrading of crude algal bio-oil in supercritical water.

    Science.gov (United States)

    Duan, Peigao; Savage, Phillip E

    2011-01-01

    We determined the influence of a Pt/C catalyst, high-pressure H2, and pH on the upgrading of a crude algal bio-oil in supercritical water (SCW). The SCW treatment led to a product oil with a higher heating value (∼42 MJ/kg) and lower acid number than the crude bio-oil. The product oil was also lower in O and N and essentially free of sulfur. Including the Pt/C catalyst in the reactor led to a freely flowing liquid product oil with a high abundance of hydrocarbons. Overall, many of the properties of the upgraded oil obtained from catalytic treatment in SCW are similar to those of hydrocarbon fuels derived from fossil fuel resources. Thus, this work shows that the crude bio-oil from hydrothermal liquefaction of a microalga can be effectively upgraded in supercritical water in the presence of a Pt/C catalyst. Copyright © 2010 Elsevier Ltd. All rights reserved.

  2. Effects of Crude Oil Price Changes on Sector Indices of Istanbul Stock Exchange

    Directory of Open Access Journals (Sweden)

    Cengiz Toraman

    2016-02-01

    Full Text Available Oil price is one of the most important economic factors directing the world economy. A small change in oil prices has positive or negative affects on all the economic factors. Aim of this study is to investigate the affects of oil price changes on Istanbul Stock Exchange (ISE 100 composite index, services index, industrial index and technology index of ISE. Long-run relationship is tested by Cointegration tests and short-run relationship is tested by Vector Error Correction Model (VECM. According to the results of the study, 32.71 % of the forecasting error variance of industrial index and 16.40% is explained by crude oil prices of the forecasting error variance of ISE 100 index. About the other indices; 12.60 % of the forecasting error variance of services index, 11.82 % of the forecasting error variance of financial index and 5.38 % of the forecasting error variance are explained by crude oil prices. Consequently, investors purposing to invest in ISE Market should consider the oil prices and especially investors of ISE industrial index and ISE 100 index should follow the developments in crude oil prices.

  3. Effects of Crude Oil Price Changes on Sector Indices of Istanbul Stock Exchange

    Directory of Open Access Journals (Sweden)

    Cengiz Toraman

    2011-10-01

    Full Text Available Oil price is one of the most important economic factors directing the world economy. A small change in oil prices has positive or negative affects on all the economic factors. Aim of this study is to investigate the affects of oil price changes on Istanbul Stock Exchange (ISE 100 composite index, services index, industrial index and technology index of ISE. Long-run relationship is tested by Cointegration tests and short-run relationship is tested by Vector Error Correction Model (VECM. According to the results of the study, 32.71 % of the forecasting error variance of industrial index and 16.40% is explained by crude oil prices of the forecasting error variance of ISE 100 index. About the other indices; 12.60 % of the forecasting error variance of services index, 11.82 % of the forecasting error variance of financial index and 5.38 % of the forecasting error variance are explained by crude oil prices. Consequently, investors purposing to invest in ISE Market should consider the oil prices and especially investors of ISE industrial index and ISE 100 index should follow the developments in crude oil prices.

  4. Crude oil production prospects for continental Europe

    Energy Technology Data Exchange (ETDEWEB)

    Appleby, P. [British Petroleum Co. Ltd., London (United Kingdom)

    1996-10-01

    A medium term view of the prospects for oil production in continental Europe, focusing on the offshore production in UK and Norwegian waters, is presented. The paper begins with a recent history and an overview of current oil production and recent trends. The growth of North Sea production has been important, contributing more than two-thirds of the growth in non OPEC oil production. The development of the Andrew field in the UK North Sea is presented as an example of new management methods succeeding in enhancing the economic viability of oil fields that would otherwise be marginal or non economic The Foinaven field in the new West of Shetlands province illustrates the way in which the combination of technological advances and changes in industry practices is extending the frontiers of commercial viability. Supply projections show North Sea production continuing to grow, but not as rapidly as over the past five years. (author). 7 figs., 8 refs.

  5. CRUDE OIL TRANSPORT FROM THE CASPIAN SEA REGION TO EUROPE

    Directory of Open Access Journals (Sweden)

    Adam Przybyłowski

    2014-07-01

    Full Text Available In the contemporary world, despite the growing importance and scale of the use of renewable energy , conventional energy resources still play a huge role. The European Union countries are dependent on the oil imports and the their main supplier of crude oil and natural gas has been the Russian Federation. After the collapse of the Soviet Union , the Caspian Sea region has become an alternative to Russian energy resources. The Unit-ed States , European Union, China and many other countries have shown their interest about this region. Despite a relatively large oil and natural gas reserves, the export of the-se commodities to the West is still problematic. Based on the available data and infor-mation, the publication explores the issue of energy resources transport directions with a particular emphasis on the crude oil from the Caspian Sea region to Europe.

  6. Formation of chocolate mousse from Statfjord crude oil and seawater

    Energy Technology Data Exchange (ETDEWEB)

    Thingstad, T.; Pengerud, B.

    1983-06-01

    Physical factors affecting the formation of water-in-oil emulsions ('chocolate mousse') from crude Statfjord oil was investigated in the laboratory. Irradiation by visible light and mechanical agitation are shown to be essential. It is suggested that photochemical oxidation of oil components leads to the formation of surface-active, oil-soluble compounds. When these reach a sufficient concentration in the oil, water will be retained within the oil during physical mixing. The plausibility of such a mechanism is investigated further using additions of tetradecanal as an oil-soluble, surface-active agent and ..beta..-carotene as an inhibitor of photooxidation. The use of additives to stop 'mousse' formation is suggested.

  7. Crude Imports Triggers Investment Fever of Oil Wharves in China

    Institute of Scientific and Technical Information of China (English)

    2004-01-01

    @@ China's record high crude import of 80 million tons in 2003 has triggered a fever of oil wharf construction along the country's eastern coastal regions. Reportedly, the coastal harbor cities, such as Dalian, Tianjin, Qingdao, Nantong, Ningbo,Zhoushan, Maoming and Zhanjiang, have stepped up the efforts for construction of wharves, the large-scale berths for oil products in particular, so as to stimulate the rapid development of the local petrochemical and commodity flow industries.

  8. Medium-Term Oil Market Report (MTOMR) 2008

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2008-07-15

    Why have oil prices hit US$140 per barrel? How strong will oil demand be in the upcoming years? Will supply of crude oil, natural gas liquids and biofuels be sufficient to meet this future demand? And, no less crucially, what investments in refining capacity and technology can we expect and will these help ease some of the imbalance in strained oil product markets? The Medium-Term Oil Market Report (now in its third year) published by the International Energy Agency (IEA) has become a new benchmark, complementing the short-term market analysis provided in the IEA Oil Market Report. This year's edition reappraises all upstream and downstream projects worldwide, setting them against a revised demand forecast and expanding the time horizon to 2013. Special features this year include in-depth analyses of price formation, transport trends, non-OECD economies, non-OPEC production decline, project slippage, key crude export pipeline developments and a stronger emphasis on product supply bottlenecks. An essential report for all policy makers, market analysts, energy experts and anyone interested in understanding and following oil market trends, the Medium-Term Oil Market Report is a further element of the strong commitment of the IEA to improving and expanding the quality, timeliness and accuracy of energy data and analysis.

  9. Performance of Diesel Engine Using Blended Crude Jatropha Oil

    Science.gov (United States)

    Kamarudin, Kamarul Azhar; Mohd Sazali, Nor Shahida Akma; Mohd Ali, Mas Fauzi; Alimin, Ahmad Jais; Khir, Saffiah Abdullah

    2010-06-01

    Vegetable oil presents a very promising alternative to diesel oil since it is renewable and has similar properties to the diesel. In view of this, crude jatropha oil is selected and its viscosity is reduced by blending it with diesel. Since jatropha oil has properties which are similar to mineral diesel, it can be used in compression ignition engines without any engine modification. This paper presents the results of investigation carried out on a four-cylinder, four strokes and indirect-injection diesel engine. The engine, operated using composition blends of crude jatropha oil and diesel, were compared with mineral diesel. An experimental investigation has been carried out to analyze the performance characteristics of a compression ignition engine from the blended fuel (5%, 10%, 20% and 30%). A naturally aspirated four-stroke indirect injection diesel engine was tested at full load conditions, speeds between 1000 and 3500 rpm with intervals of 500 rpm. Results obtained from the measures of torque, power, specific fuel consumptions, thermal efficiency and brake mean effective pressure are nearly the same between blended and diesel fuel. An overall graph shows that the performance of relevant parameters from blended fuel is most likely similar to the performance produced from diesel. The experimental results proved that the use of crude jatropha oil in compression ignition engines is a viable alternative to diesel.

  10. Geochemistry of crude oils, seepage oils and source rocks from Belize and Guatemala

    DEFF Research Database (Denmark)

    Petersen, H.I.; Holland, B.; Nytoft, H.P.;

    2012-01-01

    Mountains fault block in central Belize which separates the Corozal Basin in northern Belize from the Belize Basin to the south. Numerous petroleum seeps have been reported in both of these basins. Small-scale oil production takes place in the Corozal Basin and the North and South Petén Basins....... For this study, samples of crude oil, seepage oil and potential source rocks were collected from both countries and were investigated by organic geochemical analyses and microscopy. The oil samples consisted of non-biodegraded crude oils and slightly to severely biodegraded seepage oils, both of which were...... generated from source rocks with similar thermal maturities. The crude oils were generated from marine carbonate source rocks and could be divided into three groups: Group 1 oils come from the North Petén Basin (Guatemala) and the western part of the Corozal Basin (Belize), and have a typical carbonate...

  11. World resources of crude oil and natural gas

    Energy Technology Data Exchange (ETDEWEB)

    Masters, C.D.; Root, D.H.; Attanasi, E.D. (Geological Survey, Reston, VA (United States))

    1991-01-01

    An abstract is given of a paper presented at the World Petroleum Congress 1991 on the world estimates of identified reserves and undiscovered resources for crude oil, natural gas and natural gas liquids. Data are presented for Canada, Mexico, USA, South America, Western Europe, Eastern Europe, USSR, Africa, Middle East, Asia/Oceania and Antartica. (UK).

  12. Clean technology for the crude palm oil industry in Thailand

    NARCIS (Netherlands)

    Chavalparit, O.

    2006-01-01

    The aims of this study were to assess the potential contribution of clean(er) technology to improve the environmental performance of the crude palm oil industry inThailand, to analyse implementation barriers for clea

  13. Crude oil metabolites in groundwater at two spill sites

    Science.gov (United States)

    Bekins, Barbara A.; Cozzarelli, Isabelle M.; Erickson, Melinda L.; Steenson, Ross; Thorn, Kevin A.

    2016-01-01

    Two groundwater plumes in north central Minnesota with residual crude oil sources have 20 to 50 mg/L of nonvolatile dissolved organic carbon (NVDOC). These values are over 10 times higher than benzene and two to three times higher than Diesel Range Organics in the same wells. On the basis of previous work, most of the NVDOC consists of partial transformation products from the crude oil. Monitoring data from 1988 to 2015 at one of the sites located near Bemidji, MN show that the plume of metabolites is expanding toward a lakeshore located 335 m from the source zone. Other mass balance studies of the site have demonstrated that the plume expansion is driven by the combined effect of continued presence of the residual crude oil source and depletion of the electron accepting capacity of solid phase iron oxide and hydroxides on the aquifer sediments. These plumes of metabolites are not covered by regulatory monitoring and reporting requirements in Minnesota and other states. Yet, a review of toxicology studies indicates that polar metabolites of crude oil may pose a risk to aquatic and mammalian species. Together the results suggest that at sites where residual sources are present, monitoring of NVDOC may be warranted to evaluate the fates of plumes of hydrocarbon transformation products.

  14. New system facilitates handling heavy crude oil

    Energy Technology Data Exchange (ETDEWEB)

    Senties, A.

    1970-11-01

    Petroleos Mexicanos (Pemex) has found a new way to produce heavy oil from pumping wells. The key component is a bottom-hole stuffing box which reduces the friction of the pumping string during the downstroke. The relatively simple system has already proven successful in the Ebano-Panuco area of Mexico, where Pemex produces highly viscous oil (10/sup 0/ to 14/sup 0/ API). Basically, the Pemex method consists of a special downhole stuffing box and polished rod anchored at the end of the pumping string. The isolated tubing is filled with water to minimize friction, and the heavy oil is produced through the annular space located between tubing and casing strings.

  15. Review and Outlook of China's Oil Market

    Institute of Scientific and Technical Information of China (English)

    Gong Jinshuang

    2006-01-01

    @@ Major features of China's oil market in 2005 China's oil market is changing under the influence of domestic economy and the international oil market, witnessing different characteristics from time to time.

  16. Long Run Dynamic Volatilities between OPEC and non-OPEC Crude Oil Prices

    OpenAIRE

    Ghassan, Hassan B.; Alhajhoj, Hassan R.

    2015-01-01

    Understanding the long-run dynamics of OPEC and non-OPEC crude oil prices is important in an era of increased financialization of petroleum markets. Utilizing an ECM within a threshold cointegration and CGARCH errors framework, we provide evidence on the cointegrating relationship and estimate how and to what extent the respective prices adjust to eliminate disequilibrium. Our findings suggest that the adjustment process of OPEC prices to the positive discrepancies is slow which implies that ...

  17. 75 FR 11841 - Proposed Information Collection; Comment Request; Short Supply Regulations, Petroleum (Crude Oil)

    Science.gov (United States)

    2010-03-12

    ... Regulations, Petroleum (Crude Oil) AGENCY: Bureau of Industry and Security. ACTION: Notice. SUMMARY: The... petroleum (crude oil) and is used by licensing officers to determine the exporter's compliance with the five...

  18. Medium-Term Oil Market Report (MTOMR) 2009

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2009-06-29

    This fourth edition of the IEA Medium-Term Oil Market Report (MTOMR) confronts an economic landscape unrecognisable from that seen at the time of the release of the summer 2008 edition. Crude prices are now 55% lower as financial and economic meltdown have slashed demand, with worldwide contraction in oil use at levels not seen since the early 1980s. But how long will the downturn last, and what is the likely profile of global and regional demand recovery when economic rebound eventually takes root? Has almost a decade of rising prices and costs changed the demand-side blueprint and forced the world onto a lower oil intensity path for the period through 2014? Equally importantly, the report identifies the impact that weaker demand, low prices and a credit squeeze are having on supply-side investment - in upstream OPEC/non-OPEC supply, biofuels capacity and refining infrastructure alike. The 2009 edition of the MTOMR also delves into the issues of diversifying FSU crude exports, evolving crude and product qualities, the importance of petrochemical markets and perceptions on oil price formation in the down-cycle. Two demand scenarios are presented based on differing economic growth assumptions, with a lower non-OPEC supply scenario also accompanying the lower GDP case. Summary oil balances highlight how OPEC spare capacity could develop during 2008-2014. This year, the MTOMR also consolidates analysis of future crude availability and trade flows, refining capacity and oil products supply implications under one cover. The MTOMR remains required reading for policy makers, market analysts, industry participants and anyone with an interest in oil market trends. It contains detailed statistical appendices and a wealth of insightful graphics. Alongside its monthly sister publication, the Oil Market Report, the MTOMR is a cornerstone of the IEA commitment to enhancing oil market transparency.

  19. COINTEGRATION IN THE OIL MARKET AMONG REGIONAL BLENDS

    Directory of Open Access Journals (Sweden)

    Neil A. Wilmot

    2013-10-01

    Full Text Available The integration of crude oil spot prices, from different geographic regions is examined using the residual-based cointegration test of Gregory and Hansen (1996, which allows for endogenously determined structural breaks. While traditionally, the focus has been on three global benchmark crudes (WTI, Brent and Dubai Fateh, herein the relationship among secondary, regional blends (Edmonton Par, Western Canadian Select, Bonny Light and Mexican Maya is examined with implications for the ‘global pool’ hypothesis. Monthly data is examined, with particular emphasis placed on the Canadian perspective. The results indicate that the regional crudes, of similar and differing grades, are cointegrated with a structural break. Events with a direct impact on the crude market are linked to the structural breaks. Indirect impacts are attributed to events which appear to have affected crude oil prices via a decrease in demand, such as the economic uncertainty leading to and during the ‘Great Recession’.

  20. Day-Ahead Crude Oil Price Forecasting Using a Novel Morphological Component Analysis Based Model

    Science.gov (United States)

    Zhu, Qing; Zou, Yingchao; Lai, Kin Keung

    2014-01-01

    As a typical nonlinear and dynamic system, the crude oil price movement is difficult to predict and its accurate forecasting remains the subject of intense research activity. Recent empirical evidence suggests that the multiscale data characteristics in the price movement are another important stylized fact. The incorporation of mixture of data characteristics in the time scale domain during the modelling process can lead to significant performance improvement. This paper proposes a novel morphological component analysis based hybrid methodology for modeling the multiscale heterogeneous characteristics of the price movement in the crude oil markets. Empirical studies in two representative benchmark crude oil markets reveal the existence of multiscale heterogeneous microdata structure. The significant performance improvement of the proposed algorithm incorporating the heterogeneous data characteristics, against benchmark random walk, ARMA, and SVR models, is also attributed to the innovative methodology proposed to incorporate this important stylized fact during the modelling process. Meanwhile, work in this paper offers additional insights into the heterogeneous market microstructure with economic viable interpretations. PMID:25061614

  1. Day-ahead crude oil price forecasting using a novel morphological component analysis based model.

    Science.gov (United States)

    Zhu, Qing; He, Kaijian; Zou, Yingchao; Lai, Kin Keung

    2014-01-01

    As a typical nonlinear and dynamic system, the crude oil price movement is difficult to predict and its accurate forecasting remains the subject of intense research activity. Recent empirical evidence suggests that the multiscale data characteristics in the price movement are another important stylized fact. The incorporation of mixture of data characteristics in the time scale domain during the modelling process can lead to significant performance improvement. This paper proposes a novel morphological component analysis based hybrid methodology for modeling the multiscale heterogeneous characteristics of the price movement in the crude oil markets. Empirical studies in two representative benchmark crude oil markets reveal the existence of multiscale heterogeneous microdata structure. The significant performance improvement of the proposed algorithm incorporating the heterogeneous data characteristics, against benchmark random walk, ARMA, and SVR models, is also attributed to the innovative methodology proposed to incorporate this important stylized fact during the modelling process. Meanwhile, work in this paper offers additional insights into the heterogeneous market microstructure with economic viable interpretations.

  2. International Crude Oil Market Dynamics and Its Influence on“The Silk Road Economic Belt and the Marine Silk Route”Strategy%国际原油市场动态及其对“一带一路”战略的影响

    Institute of Scientific and Technical Information of China (English)

    吴达; 张丽华

    2015-01-01

    能源合作是“一带一路”战略的重要内容。本文分析了近期全球原油价格下跌的成因以及“一带一路”沿线国家对全球原油价格下跌的应对措施,探讨了国际原油市场格局变化对我国推进“一带一路”战略的影响。%The energy cooperation is an important part of “The Silk Road Economic Belt and the Marine Silk Route” strategy. The paper analyzes the causes of the global crude oil price fall in recent months and how the countries along“The Silk Road Econom-ic Belt and the Marine Silk Route”respond to the changes in global crude oil markets, and finally discusses the impact of the changes in the pattern of the international crude oil market on“The Silk Road Economic Belt and the Marine Silk Route”strategy.

  3. On Boiling of Crude Oil under Elevated Pressure

    CERN Document Server

    Pimenova, Anastasiya V

    2015-01-01

    We construct a thermodynamic model for theoretical calculation of the boiling process of multicomponent mixtures of hydrocarbons (e.g., crude oil). The model governs kinetics of the mixture composition in the course of the distillation process along with the boiling temperature increase. The model heavily relies on the theory of dilute solutions of gases in liquids. Importantly, our results are applicable for modelling the process under elevated pressure (while the empiric models for oil cracking are not scalable to the case of extreme pressure), such as in an oil field heated by lava intrusions.

  4. FAKTOR-FAKTOR YANG MEMPENGARUHI EKSPOR CRUDE PALM OIL INDONESIA DALAM PERDAGANGAN INTERNASIONAL

    National Research Council Canada - National Science Library

    fakhrus radifan

    2014-01-01

    Abstrak ___________________________________________________________________ Crude Palm Oil merupakan salah satu komoditas perkebunan ekspor unggulan yang mampu memberikan kontribusi dan sebagai salah...

  5. Factors influencing crude oil biodegradation by Yarrowia lipolytica

    Directory of Open Access Journals (Sweden)

    Tatiana Felix Ferreira

    2012-10-01

    Full Text Available Yarrowia lipolytica is unique strictly aerobic yeast with the ability to efficiently degrade hydrophobic substrates such as n-alkenes, fatty acids, glycerol and oils. In the present work, a 2(4 full factorial design was used to investigate the influence of the independent variables of temperature, agitation, initial cell concentration and initial petroleum concentration on crude oil biodegradation. The results showed that all variables studied had significant effects on the biodegradation process. Temperature, agitation speed and initial cell concentration had positive effects, and initial petroleum concentration had a negative effect. Among the crude oil removal conditions studied, the best temperature and agitation conditions were 28ºC and 250 rpm, respectively.

  6. Detection of genetically modified soybean in crude soybean oil.

    Science.gov (United States)

    Nikolić, Zorica; Vasiljević, Ivana; Zdjelar, Gordana; Ðorđević, Vuk; Ignjatov, Maja; Jovičić, Dušica; Milošević, Dragana

    2014-02-15

    In order to detect presence and quantity of Roundup Ready (RR) soybean in crude oil extracted from soybean seed with a different percentage of GMO seed two extraction methods were used, CTAB and DNeasy Plant Mini Kit. The amplifications of lectin gene, used to check the presence of soybean DNA, were not achieved in all CTAB extracts of DNA, while commercial kit gave satisfactory results. Comparing actual and estimated GMO content between two extraction methods, root mean square deviation for kit is 0.208 and for CTAB is 2.127, clearly demonstrated superiority of kit over CTAB extraction. The results of quantification evidently showed that if the oil samples originate from soybean seed with varying percentage of RR, it is possible to monitor the GMO content at the first stage of processing crude oil.

  7. Light scattering in Baltic crude oil - seawater emulsion

    Directory of Open Access Journals (Sweden)

    Adam Stelmaszewski

    2009-09-01

    Full Text Available The paper discusses the scattering of radiation by a Baltic crude oil - seawater emulsion. The scattering spectrum calculated using the Mie solution in the spectral range from 380 nm to 730 nm is compared with the measured spectrum of light scattered through a right angle. Spectra in the wavelength range from 210 nm to 730 nm were measured using a spectrofluorimeter for fresh and stored samples of the Baltic crude oil emulsion. Scattering increases with wavelength in the UV range and then decreases slightly with the wavelength of visible light. The result of the calculation is similar to the measured spectra. Both the calculated and measured spectra display numerous relative extremes throughout the spectral area. Light scattering in the emulsion decreases during storage as the oil concentration in the medium diminishes. The results also demonstrate that the single scattering model describes the phenomenon correctly.

  8. Can reserve additions in mature crude oil provinces attenuate supply-side peak oil?

    Energy Technology Data Exchange (ETDEWEB)

    Okullo, Samuel; Reynes, Frederic

    2010-09-15

    More often, oil supply has been modeled on the basis of resource availability and demand. The impact of strategy between oil producers has largely been ignored or overly simplified. In this paper, we formulate a model that embodies a weak and strong OPEC for varied rates of reserve additions. With this economic equilibrium model which has the capability to generate a supply side peak in oil production, we show that although reserves of conventional crude oil may seem abundant. OPEC has the ability to lead to substantial crude oil reserve depletion in non-OPEC countries by 2050 given likely depletion rates.

  9. How toxic is oil? Investigating specific receptor-mediated toxic effects of crude and refined oils

    NARCIS (Netherlands)

    Vrabie, C.M.

    2011-01-01

    Crude oils and refined oil products are major pollutants of the environment. Large oil spills, such as the recent blowout of the Deepwater Horizon in the Gulf of Mexico, raise concerns about the long term health effects of petroleum hydrocarbon exposure on wildlife and humans. In the environmental r

  10. Microbial ecology of methanogenic crude oil biodegradation; from microbial consortia to heavy oil

    Energy Technology Data Exchange (ETDEWEB)

    Head, Ian M.; Maguire, Michael J.; Sherry, Angela; Grant, Russell; Gray, Neil D.; Aitken, Carolyn M.; Martin Jones, D.; Oldenburg, Thomas B.P.; Larter, Stephen R. [Petroleum Research Group, Geosciences, University of Calgary (Canada)

    2011-07-01

    This paper presents the microbial ecology of methanogenic crude oil biodegradation. Biodegraded petroleum reservoirs are one of the most dramatic indications of the deep biosphere. It is estimated that heavy oil and oil sands will account for a considerable amount of energy production in the future. Carbon, a major resource for deep subsurface microorganisms, and energy are contained in large quantities in petroleum reservoirs. The aerobic to anaerobic paradigm shift is explained. A key process for in-situ oil biodegradation in petroleum reservoirs is methanogenesis. New paradigms for in-reservoir crude oil biodegradation are discussed. Variations in anaerobic degradation of crude oil hydrocarbons are also discussed. A graph shows the different patterns of crude oil biodegradation under sulfate-reducing and methanogenic conditions. Alternative anaerobic alkane activation mechanisms are also shown. From the study, it can be concluded that methanogenic crude oil degradation is of global importance and led to the establishment of the world's enormous heavy oil deposits.

  11. Spillover effects of oil price shocks across stock markets

    Science.gov (United States)

    Ng, Zhan Jian; Sek, Siok Kun

    2014-12-01

    Oil price shock can impose detrimental effects to an economy. In this study, we empirically study the spillover effects of oil price shock on determining volatilities of stock markets across the main oil importing and oil producing countries. In particular, we are interested to compare the relative impact of oil price shock on the volatilities of stock markets and how each stock market reacts to oil price shock for oil importing and oil producing countries. We focus the study in four main oil importer and four oil producers respectively using the daily data starting from January 2009 to December 2013. The multivariate GARCH(1,1) model is applied for the purpose of this study. The results of the study suggest that there exist spillover effect between crude oil price and stock returns for all the countries. The short run persistency of spillover effect in oil-exporting countries is lower than oil-importing countries but the long run persistency of spillover effect in oil-exporting countries is higher than oil-importing countries. In general the short run persistency is smaller and the long run persistency is very high. The results hold for volatility of oil price and stock returns and also spillover volatility in all countries.

  12. Microbial degradation of crude oil hydrocarbons on organoclay minerals.

    Science.gov (United States)

    Ugochukwu, Uzochukwu C; Manning, David A C; Fialips, Claire I

    2014-11-01

    The role of organoclays in hydrocarbon removal during biodegradation was investigated in aqueous clay/oil microcosm experiments with a hydrocarbon degrading microorganism community. The clays used for this study were Na-montmorillonite and saponite. These two clays were treated with didecyldimethylammonium bromide to produce organoclays which were used in this study. The study indicated that clays with high cation exchange capacity (CEC) such as Na-montmorillonite produced an organomontmorillonite that was inhibitory to biodegradation of the crude oil hydrocarbons. Extensive hydrophobic interaction between the organic phase of the organoclay and the crude oil hydrocarbons is suggested to render the hydrocarbons unavailable for biodegradation. However, untreated Na-montmorillonite was stimulatory to biodegradation of the hydrocarbons and is believed to have done so because of its high surface area for the accumulation of microbes and nutrients making it easy for the microbes to access the nutrients. This study indicates that unlike unmodified montmorillonites, organomontmorillonite may not serve any useful purpose in the bioremediation of crude oil spill sites where hydrocarbon removal by biodegradation is desired within a rapid time period.

  13. Embryotoxic effects of crude oil in mallard ducks and chicks

    Science.gov (United States)

    Hoffman, D.J.

    1978-01-01

    Recent studies in this laboratory have revealed that surface applications of microliter amounts of some crude and fuel oils that coat less than 10% of the egg surface reduce hatching considerably in different avian species. Applications of paraffin compounds that coat equal areas of the egg surface do not reduce hatching suggesting that toxicity is due to causes other than asphyxia. In the present study, 1?10 :l of South Louisiana crude oil, an API reference oil, were applied to the surface of fertile mallard (Anas platyrhynchos) and chicken (Gallus gallus) eggs. Early embryolethality was greater in mallard embryos than in chick embryos, but later embryolethality that coincided with the time of rapid outgrowth of the chorioallantoic membrane was more prevalent in chick embryos. The overall incidence of embryolethality was similar in both species. Retardation of growth as reflected by embryonic body weight, crown-rump length, beak length, and general appearance was more pronounced in chick than mallard embryos. Teratogenic defects were more frequent in chick embryos, and incomplete or abnormal ossification of the skull was the most common. External application of equivalent amounts of a mixture of paraffin compounds present in crude oil had virtually no embryotoxic effects in either species, suggesting that other components including aromatic hydrocarbons and organometallics may cause the embryotoxicity.

  14. Crude-oil biodegradation via methanogenesis in subsurface petroleum reservoirs.

    Science.gov (United States)

    Jones, D M; Head, I M; Gray, N D; Adams, J J; Rowan, A K; Aitken, C M; Bennett, B; Huang, H; Brown, A; Bowler, B F J; Oldenburg, T; Erdmann, M; Larter, S R

    2008-01-10

    Biodegradation of crude oil in subsurface petroleum reservoirs has adversely affected the majority of the world's oil, making recovery and refining of that oil more costly. The prevalent occurrence of biodegradation in shallow subsurface petroleum reservoirs has been attributed to aerobic bacterial hydrocarbon degradation stimulated by surface recharge of oxygen-bearing meteoric waters. This hypothesis is empirically supported by the likelihood of encountering biodegraded oils at higher levels of degradation in reservoirs near the surface. More recent findings, however, suggest that anaerobic degradation processes dominate subsurface sedimentary environments, despite slow reaction kinetics and uncertainty as to the actual degradation pathways occurring in oil reservoirs. Here we use laboratory experiments in microcosms monitoring the hydrocarbon composition of degraded oils and generated gases, together with the carbon isotopic compositions of gas and oil samples taken at wellheads and a Rayleigh isotope fractionation box model, to elucidate the probable mechanisms of hydrocarbon degradation in reservoirs. We find that crude-oil hydrocarbon degradation under methanogenic conditions in the laboratory mimics the characteristic sequential removal of compound classes seen in reservoir-degraded petroleum. The initial preferential removal of n-alkanes generates close to stoichiometric amounts of methane, principally by hydrogenotrophic methanogenesis. Our data imply a common methanogenic biodegradation mechanism in subsurface degraded oil reservoirs, resulting in consistent patterns of hydrocarbon alteration, and the common association of dry gas with severely degraded oils observed worldwide. Energy recovery from oilfields in the form of methane, based on accelerating natural methanogenic biodegradation, may offer a route to economic production of difficult-to-recover energy from oilfields.

  15. Hydrous pyrolysis of crude oil in gold-plated reactors

    Science.gov (United States)

    Curiale, J.A.; Lundegard, P.D.; Kharaka, Y.K.

    1992-01-01

    Crude oils from Iraq and California have been pyrolyzed under hydrous conditions at 200 and 300??C for time periods up to 210 days, in gold-plated reactors. Elemental (vanadium, nickel), stable isotopic (carbon), and molecular (n-alkanes, acyclic isoprenoids, steranes, terpanes and aromatic steroid hydrocarbons) analyses were made on the original and pyrolyzed oils. Various conventional crude oil maturity parameters, including 20S/(20S + 20R)-24-ethylcholestane ratios and the side-chain-length distribution of aliphatic and aromatic steroidal hydrocarbons, were measured in an effort to assess the modification of molecular maturity parameters in clay-free settings, similar to those encountered in "clean" reservoirs. Concentrations of vanadium and nickel in the Iraq oil decrease significantly and the V/(V + Ni) ratio decreases slightly, with increasing pyrolysis time/temperature. Whole oil carbon isotope ratios remain fairly constant during pyrolysis, as do hopane/sterane ratios and carbon number distribution of 5??(H),14??(H),17??(H),20R steranes. These latter three parameters are considered maturity-invariant. The ratios of short side-chain components to long side-chain components of the regular steranes [C21/(C21 + C29R)] and the triaromatic steroid hydrocarbons [C21/(C21 + C28)] vary systematically with increasing pyrolysis time, indicating that these parameters may be useful as molecular maturity parameters for crude oils in clay-free reservoir rocks. In addition, decreases in bisnorhopane/hopane ratio with increasing pyrolysis time, in a clay-free and kerogen-free environment, suggest that the distribution of these compounds is controlled by either differential thermal stabilities or preferential release from a higher-molecular weight portion of the oil. ?? 1992.

  16. Do structural oil-market shocks affect stock prices?

    Energy Technology Data Exchange (ETDEWEB)

    Apergis, Nicholas [Department of Banking and Financial Management, University of Piraeus, 80 Karaoli and Dimitriou Str, 18534 Piraeus (Greece); Miller, Stephen M. [Department of Economics, University of Nevada, Las Vegas, Nevada (United States)

    2009-07-15

    This paper investigates how explicit structural shocks that characterize the endogenous character of oil price changes affect stock-market returns in a sample of eight countries - Australia, Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. For each country, the analysis proceeds in two steps. First, modifying the procedure of Kilian [Not All Oil Price Shocks are Alike: Disentangling Demand and Supply Shocks in the Crude Oil Market. American Economic Review.], we employ a vector error-correction or vector autoregressive model to decompose oil-price changes into three components: oil-supply shocks, global aggregate-demand shocks, and global oil-demand shocks. The last component relates to specific idiosyncratic features of the oil market, such as changes in the precautionary demand concerning the uncertainty about the availability of future oil supplies. Second, recovering the oil-supply shocks, global aggregate-demand shocks, and global oil-demand shocks from the first analysis, we then employ a vector autoregressive model to determine the effects of these structural shocks on the stock market returns in our sample of eight countries. We find that international stock market returns do not respond in a large way to oil market shocks. That is, the significant effects that exist prove small in magnitude. (author)

  17. Fatty acid fragmentation of triacylglycerol isolated from crude nyamplung oil

    Science.gov (United States)

    Aparamarta, Hakun Wirawasista; Anggraini, Desy; Istianingsih, Della; Susanto, David Febrilliant; Widjaja, Arief; Ju, Yi-Hsu; Gunawan, Setiyo

    2017-05-01

    Nyamplung (Calophylluminophyllum) has many benefits ranging from roots, stems, leaves, until seeds. In this seed, C. inophyllum contained significantly high amount of crude oil (70.4%). C. inophyllum oil is known as non edible. Therefore Indonesian people generally only know that seeds can produce oil that can be used for biodiesel. In this work, the fragmentation of fatty acid in triacylglycerols (TAG) was studied. The isolation process was started with separation of non polar lipid fraction (NPLF) from crude C. inophyllum oil via batchwise multistage liquid extraction. TAG was obtained in high purity (99%) and was analyzed by Thin Layer Chromatography (TLC) and Gas Chromatography - Mass Spectrometry (GCMS). It was found that fatty acids of TAG are palmitic acid (C16:0), stearic acid (C18:0), oleic acid (C18:1c), linoleic acid (C18:2c), and linolenic acid (C18:3c). Moreover, TAG isolated from C. inophyllum oil was promising as edible oil.

  18. OPEC and the oil market: Short- and medium-term prospects

    Energy Technology Data Exchange (ETDEWEB)

    Samii, M.V.; Ameri, M.

    The international oil market faced volatile conditions due to regional political factors, namely, the Iraqi invasion of Kuwait in August 1990. Political events were the major driving force of the industry in the early 1990s. The situation in the Gulf region has quieted considerably since March 1991 and, in response, the oil market and particularly crude oil prices have settled to their prewar range. The Organization of the Petroleum Exporting Countries (OPEC) has attempted once again to exert its influence by regulating the crude oil market through supply management in its postwar meetings. The organization is faced with a number of challenges both in the short and long run in stabilizing crude oil prices. While in the short run the concern is how to prevent crude oil prices from dopping, in the long term the challenge is building adequate production and export capabilities for the future. 3 figs., 4 tabs.

  19. Occurrence of phenylalkanes in some Australian Crude Oils and Sediments.

    Energy Technology Data Exchange (ETDEWEB)

    Ellis, L.; Langworthy, T. A.; Winans, R.; Anderson, K. B.; Winans, R. E.; Chemistry; Curtin Univ. of Tech.; Univ. of South Dakota

    1996-01-01

    Evidence is presented to support the proposition that phenylalkanes in some Australian crude oils and sediments are of geochemical origin as opposed to resulting from contamination from byproducts of the petrochemical manufacture of surfactants. Evidence presented shows that: (1) an unexposed sediment core was found to contain phenylalkanes; (2) the molecular weight range of phenylalkanes in sediments and crude oils is usually wider than that found in surfactants, extending in some cases beyond C35; (3) abundant phenylalkanes were generated by pyrolysis of extracted sediments, and (4) phenylalkanes were found in the neutral lipid extract of extant Thermoplasma bacteria. Also, the presence of phenylalkanes and possibly phenylalkenes in the pyrolyzates of torbanites suggests that these compounds may also be formed from fossil algae.

  20. Wavelet regression model in forecasting crude oil price

    Science.gov (United States)

    Hamid, Mohd Helmie; Shabri, Ani

    2017-05-01

    This study presents the performance of wavelet multiple linear regression (WMLR) technique in daily crude oil forecasting. WMLR model was developed by integrating the discrete wavelet transform (DWT) and multiple linear regression (MLR) model. The original time series was decomposed to sub-time series with different scales by wavelet theory. Correlation analysis was conducted to assist in the selection of optimal decomposed components as inputs for the WMLR model. The daily WTI crude oil price series has been used in this study to test the prediction capability of the proposed model. The forecasting performance of WMLR model were also compared with regular multiple linear regression (MLR), Autoregressive Moving Average (ARIMA) and Generalized Autoregressive Conditional Heteroscedasticity (GARCH) using root mean square errors (RMSE) and mean absolute errors (MAE). Based on the experimental results, it appears that the WMLR model performs better than the other forecasting technique tested in this study.

  1. Crude oil and finished fuel storage stability: An annotated review

    Energy Technology Data Exchange (ETDEWEB)

    Whisman, M.L.; Anderson, R.P.; Woodward, P.W.; Giles, H.N.

    1991-01-01

    A state-of-the-art review and assessment of storage effects on crude oil and product quality was undertaken through a literature search by computer accessing several data base sources. Pertinent citations from that literature search are tabulated for the years 1980 to the present. This 1990 revision supplements earlier reviews by Brinkman and others which covered stability publications through 1979 and an update in 1983 by Goetzinger and others that covered the period 1952--1982. For purposes of organization, citations are listed in the current revision chronologically starting with the earliest 1980 publications. The citations have also been divided according to primary subject matter. Consequently 11 sections appear including: alternate fuels, gasoline, distillate fuel, jet fuel, residual fuel, crude oil, biodegradation, analyses, reaction mechanisms, containment, and handling and storage. Each section contains a brief narrative followed by all the citations for that category.

  2. Cracking of crude oil in the molten metals

    Directory of Open Access Journals (Sweden)

    Marat A. Glikin

    2014-03-01

    Full Text Available In this paper is investigated the process of crude oil and its individual fractions cracking in the molten metals medium to produce light petroleum products. Thermodynamic calculations demonstrate the possibility of using lead and tin including alloys thereof as the melt. The cracking of West Siberian crude oil is studied at temperatures 400-600 °C. It is detected that as the temperature increases there is increase of aromatic hydrocarbons and olefins content in gasoline while naphthenes, n- and i-paraffins content reduces. Optimal temperature for cracking in molten metals is ~500 °C. The use of a submerged nozzle increases the yield of light petroleum products by ~2%. The research octane number of gasoline produced is 82-87 points. It is determined that the yield of light petroleum products depending on the experimental conditions is increased from 46.9 to 55.1-61.3% wt.   

  3. A new method for petroleum fractions and crude oil characterization

    Energy Technology Data Exchange (ETDEWEB)

    Castells, F. (Univ. of Barcelono (ES)); Miquel, J. (Politechnic Univ. of Catalunya (ES)); Hernandez, J. (Repsol S.A. Co. (ES))

    1992-05-01

    In this paper a new procedure for petroleum fraction and crude oil characterization is proposed that is based on pseudocomponent breakdown by the integral method. The method requires only the atmospheric true-boiling-point (TBP) distillation curve and whole-fraction density. The pseudocomponents are obtained by sequentially applying an optimization procedure in which the mass balance is accomplished exactly and the molar-balance error is minimized.

  4. Hydrothermal liquefaction of barley straw to bio-crude oil

    DEFF Research Database (Denmark)

    Zhu, Zhe; Rosendahl, Lasse; Toor, Saqib;

    2015-01-01

    Hydrothermal liquefaction (HTL) of barley straw with K2CO3 at different temperatures (280–400 C) was conducted and compared to optimize its process conditions; the aqueous phase as a co-product from this process was recycled to explore the feasibility of implementing wastewater reuse for bio...... a detailed insight into the HTL behavior of barley straw, and offers potential opportunities and benefits for bio-crude oil production through the reuse of aqueous phase....

  5. DEVELOPMENT OF DIRECT UPGRADING PROCESS FOR HEAVY CRUDE OIL

    Institute of Scientific and Technical Information of China (English)

    2001-01-01

    The direct upgrading process from heavy crude oil to sweet and light oil (IKC process) has been deve-loped for about 10 years in Idemitsu Kosan. Compared with conventional refinery scheme consisting of YR-HDS, VGOHYC and so on, the new refinery scheme combined with IKC process and Topper was always economically feasible with lower cost and smaller energy consumption. In the existing refinery of no middle distillate HDS and residue HDS of HYC plants to supplement IKC process is expected to be one of the efficient methods to cope with the environmental regulations.

  6. Process for Separation of Petroleum Acids from Crude Oil

    Institute of Scientific and Technical Information of China (English)

    2005-01-01

    A new technique for separation of petroleum acids from crude oil was proposed. The method relates to processes for treating acidic oils or fractions thereof to reduce or eliminate their acidity by addition of effective amounts of crosslinked polymeric amines such as polypropylene amine and anionic exchange resins having amino-groups. Petroleum acids contained in the mixture can be extracted by a complex solvent. The results indicate that more than 80 % of the petroleum acids are removed and the process does not cause environmental pollution because all the solvents are recovered and reused in the test.

  7. Response surface analysis to improve dispersed crude oil biodegradation

    Energy Technology Data Exchange (ETDEWEB)

    Zahed, Mohammad A.; Aziz, Hamidi A.; Mohajeri, Leila [School of Civil Engineering, Universiti Sains Malaysia, Nibong Tebal, Penang (Malaysia); Isa, Mohamed H. [Civil Engineering Department, Universiti Teknologi PETRONAS, Tronoh, Perak (Malaysia)

    2012-03-15

    In this research, the bioremediation of dispersed crude oil, based on the amount of nitrogen and phosphorus supplementation in the closed system, was optimized by the application of response surface methodology and central composite design. Correlation analysis of the mathematical-regression model demonstrated that a quadratic polynomial model could be used to optimize the hydrocarbon bioremediation (R{sup 2} = 0.9256). Statistical significance was checked by analysis of variance and residual analysis. Natural attenuation was removed by 22.1% of crude oil in 28 days. The highest removal on un-optimized condition of 68.1% were observed by using nitrogen of 20.00 mg/L and phosphorus of 2.00 mg/L in 28 days while optimization process exhibited a crude oil removal of 69.5% via nitrogen of 16.05 mg/L and phosphorus 1.34 mg/L in 27 days therefore optimization can improve biodegradation in shorter time with less nutrient consumption. (Copyright copyright 2012 WILEY-VCH Verlag GmbH and Co. KGaA, Weinheim)

  8. The Biodiversity Changes in the Microbial Population of Soils Contaminated with Crude Oil.

    Science.gov (United States)

    Abbasian, Firouz; Lockington, Robin; Megharaj, Mallavarapu; Naidu, Ravi

    2016-06-01

    Crude oil spills resulting from excavation, transportation and downstream processes can cause intensive damage to living organisms and result in changes in the microbial population of that environment. In this study, we used a pyrosequencing analysis to investigate changes in the microbial population of soils contaminated with crude oil. Crude oil contamination in soil resulted in the creation of a more homogenous population of microorganisms dominated by members of the Actinomycetales, Clostridiales and Bacillales (all belonging to Gram-positive bacteria) as well as Flavobacteriales, Pseudomonadales, Burkholderiales, Rhizobiales and Sphingomonadales (all belonging to Gram-negative bacteria). These changes in the biodiversity decreased the ratios of chemoheterotrophic bacteria at higher concentrations of crude oil contamination, with these being replaced by photoheterotrophic bacteria, mainly Rhodospirillales. Several of the dominant microbial orders in the crude oil contaminated soils are able to degrade crude oil hydrocarbons and therefore are potentially useful for remediation of crude oil in contaminated sites.

  9. Hidden Markov Model and Forward-Backward Algorithm in Crude Oil Price Forecasting

    Science.gov (United States)

    Talib Bon, Abdul; Isah, Nuhu

    2016-11-01

    In light of the importance of crude oil to the world's economy, it is not surprising that economists have devoted great efforts towards developing methods to forecast price and volatility levels. Crude oil is an important energy commodity to mankind. Several causes have made crude oil prices to be volatile such as economic, political and social. Hence, forecasting the crude oil prices is essential to avoid unforeseen circumstances towards economic activity. In this study, daily crude oil prices data was obtained from WTI dated 2nd January to 29th May 2015. We used Hidden Markov Model (HMM) and Forward-Backward Algorithm to forecasting the crude oil prices. In this study, the analyses were done using Maple software. Based on the study, we concluded that model (0 3 0) is able to produce accurate forecast based on a description of history patterns in crude oil prices.

  10. Review and Outlook of China's Oil Market in 2012%Review and Outlook of China's Oil Market in 2012

    Institute of Scientific and Technical Information of China (English)

    Gong Jinshuang

    2012-01-01

    In the first half of 2012, the apparent consumption of crude oil and oil grew in China, and the growth rate went up again, the demand and growth rate of processed oil products fluctuated and declined, the processed crude oil and growth rate declined, the net imports of crude oil and oil rose by a large margin and growth rate rose again, the degree of crude oil and oil dependence on foreign trade reached 58.0% and 59.4% respectively,

  11. The utilization of crude fish oil (CFO) to increase mudcrab (Scylla serrata) feed quality

    Science.gov (United States)

    Lamid, Mirni; Agustono

    2017-02-01

    Crude fish oil is one of essential fatty acid sources, which is found in Sardinella lemuru. This research aims to study the quality improvement of mudcrab(Scylla serrata) feed. Four feed formulations were designed by using completely randomized design, including P0 = trash fish + 1% tapioca starch; P1=trash fish + 2.0% crude fish oil + 1% tapioca starch;, P2= trash fish +4.0% crude fish oil + 1% tapioca starch; P3=trash fish + 6.0% crude fish oil + 1% tapioca starch; P4=trash fish +8.0% crude fish oil + 1% tapioca starch, respectively, which were carried out in quadruplicate. This study showed that feed formulation significantly affected crude protein, crude fiber, crude lipid, ash, organic matter and nitrogen free extract and energy of mudcrab. The P2 feed was the best formulation but had a slight different from P3 formulation.

  12. Production Costs of Alternative Transportation Fuels. Influence of Crude Oil Price and Technology Maturity

    Energy Technology Data Exchange (ETDEWEB)

    Cazzola, Pierpaolo; Morrison, Geoff; Kaneko, Hiroyuki; Cuenot, Francois; Ghandi, Abbas; Fulton, Lewis

    2013-07-01

    This study examines the production costs of a range of transport fuels and energy carriers under varying crude oil price assumptions and technology market maturation levels. An engineering ''bottom-up'' approach is used to estimate the effect of the input cost of oil and of various technological assumptions on the finished price of these fuels. In total, the production costs of 20 fuels are examined for crude oil prices between USD 60 and USD 150 per barrel. Some fuel pathways can be competitive with oil as their production, transport and storage technology matures, and as oil price increases. Rising oil prices will offer new opportunities to switch to alternative fuels for transport, to diversify the energy mix of the transport sector, and to reduce the exposure of the whole system to price volatility and potential distuption of supply. In a time of uncertainty about the leading vehicle technology to decarbonize the transport sector, looking at the fuel cost brings key information to be considered to keep mobility affordable yet sustainable.

  13. Bohai crude oil identification by gas chromatogram fingerprinting quantitative analysis coupled with cluster analysis

    Institute of Scientific and Technical Information of China (English)

    SUN Peiyan; BAO Mutai; GAO Zhenhui; LI Mei; ZHAO Yuhui; WANG Xinping; ZHOU Qing; WANG Xiulin

    2006-01-01

    By gas chromatogram, six crude oils fingerprinting distributed in four oilfields and four oil platforms were analyzed and the corresponding normal paraffin hydrocarbon (including pristane and phytane) concentration was obtained by the internal standard method. The normal paraffin hydrocarbon distribution patterns of six crude oils were built and compared. The cluster analysis on the normal paraffin hydrocarbon concentration was conducted for classification and some ratios of oils were used for oils comparison. The results indicated: there was a clear difference within different crude oils in different oil fields and a small difference between the crude oils in the same oil platform. The normal paraffin hydrocarbon distribution pattern and ratios, as well as the cluster analysis on the normal paraffin hydrocarbon concentration can have a better differentiation result for the crude oils with small difference than the original gas chromatogram.

  14. Sugar-based ethoxylated amine surfactants as demulsifiers for crude oil emulsions: 2-demulsification of different types of crudes

    Energy Technology Data Exchange (ETDEWEB)

    Abdel-Azim, A.A.A.; Abdel-Raouf, M.E.S.; Abdul-Raheim, A.R.M.; Maysor, N.E.S. [Egyptian Petroleum Research Institute, Cairo (Egypt). Petroleum Application Dept.], e-mail: drmanar770@yahoo.com

    2010-10-15

    The present work studies demulsification of two types of crude oil emulsions by nine sugar-based ethoxylated amine surfactants. The effect of pH and salinity of aqueous phase of crude oil on emulsion stability was considered, and the correlation between demulsification rate and the type of crude was studied. Nine sugar-based ethoxylated amine surfactants were tested as demulsifiers for light and heavy crudes at different aqueous phase conditions. It was found that the light crude was more easily demulsified than the heavy crude. The experimental data showed that changes in pH or salinity of the aqueous phase of the emulsion enhance its stability and decrease the demulsification efficiency of the applied demulsifiers. Also, it has been shown that surfactants based on glucose octyl amine ethoxylates (GO) are the most effective in demulsifying the investigated emulsions. The data reveal that maximum demulsification efficiency is attained at a neutral pH whereas it decreases in both directions for either of the investigated crude oils. Furthermore, the results indicate that the percentage of water separation decreases as the salinity of the emulsion's aqueous phase increases. Light crudes showed better demulsification than heavy crudes under any test condition. The demulsification process for selected emulsions was monitored by optical microscopy. (author)

  15. SUSTAINABILITY OF SUSTAINABLE PALM OIL: A MARKET INTEGRATION ANALYSIS

    OpenAIRE

    Diana Chalil

    2016-01-01

    Crude Palm Oil (CPO) is the biggest consumed vegetable oil in the world. The increase in CPO production raises concern on the environmental impact even outside the producing countries. As a response to this matter, the EU has made a requirement to only import certified CPO (CSPO). India and China, the two biggest importers in the world, are less restrictive to the environmental issues, and their demands are more influenced by CPO price levels. These countries are the main export markets for I...

  16. 15 CFR 754.3 - Petroleum products not including crude oil.

    Science.gov (United States)

    2010-01-01

    ... 15 Commerce and Foreign Trade 2 2010-01-01 2010-01-01 false Petroleum products not including crude... SUPPLY CONTROLS § 754.3 Petroleum products not including crude oil. (a) License requirement. As indicated... required to all destinations, including Canada, for the export of petroleum products, excluding crude oil...

  17. Protocol for testing bioremediation products against weathered Alaskan crude oil

    Energy Technology Data Exchange (ETDEWEB)

    Venosa, A.D.; Haines, J.R.; Nisamaneepong, W.; Govind, R.; Pradhan, S.

    1990-01-01

    In the summer of 1989, EPA and Exxon Corp. conducted a joint field study to determine if natural biodegradation of the Prudoe Bay crude oil spilled from the Exxon Valdez could be accelerated by application of oleophilic and water soluble fertilizers. Numerous private firms have since submitted proposals to have their microbial products tested for bioremediation enhancement. EPA commissioned the National Environmental Technology Applications Corporation (NETAC) to coordinate an effort to select and test commercial products for efficacy against Alaskan crude oil. A panel of experts was assembled to review the proposals, and nine products were selected for the first tier of testing. The experiments were conducted at the Risk Reduction Engineering Laboratory in Cincinnati. Three lines of evidence were used to select the final products for further testing: cumalative oxygen uptake via electrolytic respirometry, microbial growth, and compositional analysis of treated oil by GC and GC/MS. The commercial products were compared against oleophilic and inorganic fertilizers in a comprehensive protocol incorporating sterile and non-sterile controls. Respirometric vessels and shaker flask microcosms were set up for the comparative testing using weathered oil and natural seawater from Prince William Sound. The paper presents the protocol, the test results, and conclusions derived from the study.

  18. Laboratory experiment on bioremediation of crude oil by microbial consortium

    Energy Technology Data Exchange (ETDEWEB)

    Bao, M.; Wang, L. [Ocean Univ. of China, Qingdao, Shandong (China); Cao, L.; Sun, P. [State Ocean Administration, Qingdao, Shandong (China). North China Sea Environmental Monitoring Center

    2009-07-01

    Bioremediation has been touted as a promising method to remove oil from seawater. Studies have shown that 4 bacteria N1, N2, N3 and N4, isolated from seawater and oil-polluted coastal sediments in Qingdao Port, have a strong ability to degrade crude oil. Laboratory-scale experiments were conducted based on the microbial remediation functions of the bacterium flora. This paper reported on a study in which shake flask experiments were used to investigate the degradation conditions of the 4 strains. The flask tests were followed by small model basin tests where 4 strains were applied to the simulated marine environment. In the model basin test, the biodegradation rate reached 86.22 per cent. In the simulation experiment, the crude oil was analyzed by gas chromatography before and after biodegradation. The study showed that shake flask experiments provided better biodegradation conditions for the bacteria, resulting in high degradation rates. The 3 stages of laboratory-scale studies produced very similar biodegradation trends, although the degradation rate decreased slightly. It was concluded that the predominant flora chosen for this study may be feasible in treating contaminated sea water. 19 refs., 1 tab., 6 figs.

  19. Distribution and evolution of isoprenoid in crude oil

    Energy Technology Data Exchange (ETDEWEB)

    Shanfa, F.; Shanchun, J.; Fenfang, X.

    1981-12-01

    By means of chromatography-mass spectrography and gas chromatography, isoprenoids (i15-i20) have been identified in 49 crude oil samples and 3 rock samples from oil fields in Shengli, Huabei, Subei, Dagang, Liaohe and Daqing and also from Sichuan, Gueizhou etc. The relative contents, in percentage of phytane (Ph), pristane (Pr), norpristane (i18), 2.6.10-trimethyl-tridecane (i16) and farnesane (i15) are determined, as well as the ratios of Pr/Ph, Pr/nC/sub 17/, Ph/nC/sub 18/ and i18 + i16 + i15/Ph + Pr. The curves of the relative contents of Ph, Pr, i18, i16 and i15 may show the character of different oils, useful for correlation purposes. The evolution of isoprenoids in crude oils is divided into sub-mature stage (Pr/Ph < 0.8, i18 + i16 + i15/Ph + Pr = 0.2 - 0.5); mature stage (Pr/Ph > 0.8, i18 + i16 + i15/Ph + Pr = 0.3 - 0.6) and highly mature stage (Pr/Ph > 1.0, i18 + i16 + i15/Ph + Pr > 0.6). 4 figures, 5 tables.

  20. Daily Crude Oil Price Forecasting Using Hybridizing Wavelet and Artificial Neural Network Model

    Directory of Open Access Journals (Sweden)

    Ani Shabri

    2014-01-01

    Full Text Available A new method based on integrating discrete wavelet transform and artificial neural networks (WANN model for daily crude oil price forecasting is proposed. The discrete Mallat wavelet transform is used to decompose the crude price series into one approximation series and some details series (DS. The new series obtained by adding the effective one approximation series and DS component is then used as input into the ANN model to forecast crude oil price. The relative performance of WANN model was compared to regular ANN model for crude oil forecasting at lead times of 1 day for two main crude oil price series, West Texas Intermediate (WTI and Brent crude oil spot prices. In both cases, WANN model was found to provide more accurate crude oil prices forecasts than individual ANN model.

  1. A process and assembly for desalinating and dehydrating crude oils

    Energy Technology Data Exchange (ETDEWEB)

    Popp, V.V.; Fotescu, L.; Mihalache, I.; Neagu, R.; Suditu, I.N.; Tirboiu, D.

    1981-08-05

    A process is patented for desalinating and dehydrating crude oils by washing them with hot water (the assembly contains a demulsifier) for several stages depending on the salt content and a free water separating stage, after which an optimum dose of demulsifier is injected into the oil; the oil is heated up and injected into a settling tank where a coalescent layer if formed (depending on the type of oil). Coalescence can be conducted in the heat exchanger which is located before the settling tank and from which the hot water recirculates for washing. The treated oil, which may contain water and volatile components, can be injected into the stripper in a heated or unheated state. In the stripper, the oil makes contact with heated gas in a counterflow, which extracts the steam and the volatile hydrocarbons. The dehydrated oil is removed from the bottom of the stripper; steam and hydrocarbons move to the top of the stripper where they condense. The hydrocarbons are passed on for further use. The corresponding device which operates in the described manner is also patented.

  2. Technical Proposal for Loading 3000 Gallon Crude Oil Samples from Field Terminal to Sandia Pressurized Tanker to Support US DOE/DOT Crude Oil Characterization Research Study

    Energy Technology Data Exchange (ETDEWEB)

    Lord, David; Allen, Raymond

    2016-10-01

    Sandia National Laboratories is seeking access to crude oil samples for a research project evaluating crude oil combustion properties in large-scale tests at Sandia National Laboratories in Albuquerque, NM. Samples must be collected from a source location and transported to Albuquerque in a tanker that complies with all applicable regulations for transportation of crude oil over public roadways. Moreover, the samples must not gain or lose any components, to include dissolved gases, from the point of loading through the time of combustion at the Sandia testing facility. In order to achieve this, Sandia designed and is currently procuring a custom tanker that utilizes water displacement in order to achieve these performance requirements. The water displacement procedure is modeled after the GPA 2174 standard “Obtaining Liquid Hydrocarbons Samples for Analysis by Gas Chromatography” (GPA 2014) that is used routinely by crude oil analytical laboratories for capturing and testing condensates and “live” crude oils, though it is practiced at the liter scale in most applications. The Sandia testing requires 3,000 gallons of crude. As such, the water displacement method will be upscaled and implemented in a custom tanker. This report describes the loading process for acquiring a ~3,000 gallon crude oil sample from commercial process piping containing single phase liquid crude oil at nominally 50-100 psig. This document contains a general description of the process (Section 2), detailed loading procedure (Section 3) and associated oil testing protocols (Section 4).

  3. EVALUATING THE SHORT RUN EFFECTS OF U.S. CRUDE OIL INVENTORY LEVELS ON WTI CRUDE OIL PRICE FROM 1993 - 2013

    Directory of Open Access Journals (Sweden)

    Tobi Olasojiand

    2016-07-01

    Full Text Available The focus of this research was to investigate the short-term influence of U.S. crude oil inventories on WTI crude oil prices from 1993 to 2013. This study is important for policy makers who wish to reduce the persistent and growing price volatility of crude oil and its related products as well as businesses such as airline companies who wish to make annual budgetary sales decisions. Using OLS multiple regression, cointegration, VECM and Ex-post forecast techniques; we provide evidence of an inelastic relationship in which a 1% increase in U.S. crude oil inventories is associated with 0.46% decrease in WTI crude oil prices; however this was only valid for 22% of WTI crude oil price variation. We also find that past data on U.S. crude oil inventories could be used to predict future WTI crude oil prices movement. Contrary to literature, the results of the VECM analysis indicate there is no short-run relationship between both variables over the trajectory.

  4. Heavy oil markets and investments

    Energy Technology Data Exchange (ETDEWEB)

    Forrest, Jackie [CERA North America (United States)

    2011-07-01

    With the depletion of traditional energy resources and the rising demand for energy, the exploitation of heavy oil resources is increasing. The aim of this paper is to present the heavy oil sector and to show which are the factors influencing heavy oil growth and production. A large part of heavy oil reserves lies in the Americas, with about 45% of the world's reserves in Latin America and over 35% in North America. The development of the heavy oil sector is dependent on economic, technological and environmental factors; greenhouse gas policies have important impacts on the development of the heavy oil industry as well as downstream market access. This presentation highlighted the great potential that North and South America have in terms of heavy oil but that the development of this sector will depend on several factors.

  5. The determination of water in crude oil and transformer oil reference materials.

    Science.gov (United States)

    Margolis, Sam A; Hagwood, Charles

    2003-05-01

    The measurement of the amount of water in oils is of significant economic importance to the industrial community, particularly to the electric power and crude oil industries. The amount of water in transformer oils is critical to their normal function and the amount of water in crude oils affects the cost of the crude oil at the well head, the pipeline, and the refinery. Water in oil Certified Reference Materials (CRM) are essential for the accurate calibration of instruments that are used by these industries. Three NIST Standard Reference Materials (SRMs) have been prepared for this purpose. The water in these oils has been measured by both coulometric and volumetric Karl Fischer methods. The compounds (such as sulfur compounds) that interfere with the Karl Fischer reaction (interfering substances) and inflate the values for water by also reacting with iodine have been measured coulometrically. The measured water content of Reference Material (RM) 8506a Transformer Oil is 12.1+/-1.9 mg kg(-1) (plus an additional 6.2+/-0.9 mg kg(-1) of interfering substances). The measured water content of SRM 2722 Sweet Crude Oil, is 99+/-6 mg kg(-1) (plus an additional 5+/-2 mg kg(-1) of interfering substances). The measured water content of SRM 2721 Sour Crude Oil, is 134+/-18 mg kg(-1) plus an additional 807+/-43 mg kg(-1) of interfering substances. Interlaboratory studies conducted with these oil samples (using SRM 2890, water saturated 1-octanol, as a calibrant) are reported. Some of the possible sources of bias in these measurements were identified, These include: improperly calibrated instruments, inability to measure the calibrant accurately, Karl Fischer reagent selection, and volatilization of the interfering substances in SRM 2721.

  6. Biodegradation of crude oil and origin of thick oil in Liaohe Depression

    Energy Technology Data Exchange (ETDEWEB)

    Lu, S.; Gao, J.; Chen, Y.; Song, S.

    1986-01-01

    The saturated hydrocarbon of crude oil in the Western Depression, Liaohe Basin have been analyzed by computerized GC-MS. The hopanes, regular steranes, diasteranes, specifically, 25-norhopanes were identified. Heavy biodegradation results in destruction of regular steranes and transformation of regular hopanes to 25-norhopanes. Diasteranes and 25-norhopanes survive heavy biodegradation and they can be used as source fingerprints for biodegraded crudes. The existence of the diasteranes and 25-norhopanes in the thick oil shows that the biodegradation plays important part in origin of the thick oil

  7. Geochemical characteristics of crude oils from the Cuyo Basin, Argentina

    Energy Technology Data Exchange (ETDEWEB)

    Villar, H.J. (Consejo Nacional de Investigaciones Cientificas y Tecnicas, Buenos Aires (Argentina)); Puettmann, W. (RWTH, Aachen (Germany). Lehrstuhl fuer Geologie, Geochemie und Lagerstaetten des Erdoels und der Kohle)

    1990-01-01

    Crude oils from the Triassic Cuyo Basin are thought to be derived from a fresh-water lacustrine source rock, mainly the Upper Triassic organic-rich shales of Cacheuta Fm. By means of GC and GC-MS methods, the oils were analysed for characteristics compounds which may reflect biological input to the source sediments and maturity variations. Pristane/phytane ratios, distributions of n-alkanes, and the presence of significant amounts of bacteriohopanoid-derived compounds (hopanes, 8,14-secohopanes, 8,14-monoaromatic secohopanoids, benzohopanes) together with bicyclic sesquiterpanes in all the samples studied, are taken as an indication of possible reworking of algal organic matter by bacteria. Sterane distributions were consistent with a lacustrine origin of the oils. (author)

  8. Waxes in asphaltenes of crude oils and wax deposits

    Directory of Open Access Journals (Sweden)

    Yulia M. Ganeeva

    2016-07-01

    Full Text Available Abstract Composition and molecular mass distribution of n-alkanes in asphaltenes of crude oils of different ages and in wax deposits formed in the borehole equipment were studied. In asphaltenes, n-alkanes from C12 to C60 were detected. The high molecular weight paraffins in asphaltenes would form a crystalline phase with a melting point of 80–90 °C. The peculiarities of the redistribution of high molecular paraffin hydrocarbons between oil and the corresponding wax deposit were detected. In the oils, the high molecular weight paraffinic hydrocarbons C50–C60 were found, which were not practically detected in the corresponding wax deposits.

  9. Processing emulsions from desalting of crude oil using centrifuges

    Energy Technology Data Exchange (ETDEWEB)

    Steiger, W.; Westenthanner, F.; Reichl, J. [Flottweg GmbH und Co. KGaA, Vilsbiburg (Germany)

    2006-12-15

    Crude oil directly from the well contains brine. This brine is separated using static settling in tanks. Thereby a layer of emulsion is built up in the interface between oil and the brine, which reduces the available tank volume and makes the separation process difficult. In order to break the emulsion there are several approaches, e.g., use of emulsion breaker, treatment using electrical field, ultra sonic, microwave, etc., This article describes a successful commissioning of a centrifuge, a FLOTTWEG, TRICANTER {sup registered}, in the ural-central region. The FLOTTWEG TRICANTER {sup registered} enables a continuous 3-phase-separation, i. e., separation of the emulsion into oil, water and solids without chemical additives. (orig.)

  10. Comparative Toxicity of Different Crude Oils on the Cardiac Function of Marine Medaka (Oryzias melastigma Embryo

    Directory of Open Access Journals (Sweden)

    Zhendong Zhang

    2014-12-01

    Full Text Available The acute toxic effect of different crude oils (heavy crude oil and bonny light crude oil on embryos of marine medaka Oryzias melastigma was measured and evaluated by exposure to the water-accommodated fraction (WAF in the present study. The cardiac function of medaka embryos was used as target organ of ecotoxicological effect induced by oil exposure. Results showed that the developing marine medaka heart was a sensitive target organ to crude oil exposure the heavy crude oil WAF was more toxic to cardiac function of medaka embryos than bonny light cured oil one. Cardiac function of medaka embryos was clearly affected by exposure to heavy crude oil WAF after 24 hours exposure and showed a dose-dependent slowing of heart rate. Furthermore, swelled and enlarged heart morphology, lowered blood circulation and accumulation of blood cells around the heart area were found. However, the toxic effect of bonny light crude oil on cardiac function of medaka embryos was comparatively low. Statistical results showed that the cardiac function was only affected by highest bonny light crude oil WAF (9.8 mg/L exposure treatment. These findings indicated that cardiac function of marine medaka embryo was a good toxicity model for oil pollution and could be used to compare and evaluate the toxicity of different crude oils. The heart rate was an appropriate endpoint in the acute toxicity test.

  11. Process Considerations in the Biodesulfurization of Crude Oil

    Energy Technology Data Exchange (ETDEWEB)

    Borole, A.P.; Kaufman, E.N.

    1998-10-20

    Biodesulfurization offers an attractive alternative to conventional hydrodesulfurization due to the mild operating conditions and reaction specificity afforded by the biocatalyst. The enzymatic pathway existing in Rhodococcus has been demonstrated to oxidatively desulfhrize the organic sulfbr occurring in dibenzothiophene while leaving the hydrocarbon intact. In order for biodesulfiization to realize commercial success, a variety of process considerations must be addressed including reaction rate, emulsion formation and breakage, biocatalyst recovery, and both gas and liquid mass transport. This study compares batch stirred to electro-spray bioreactors in the biodesulfurization of both model organics and actual crudes in terms of their operating costs, ability to make and break emulsions, ability to effect efficient reaction rates and enhance mass transport. Further, sulfim speciation in crude oil is assessed and compared to the sulfur specificity of currently available biocatalyst.

  12. Structural Study of Asphaltenes from Iranian Heavy Crude Oil

    Directory of Open Access Journals (Sweden)

    Davarpanah L.

    2015-11-01

    Full Text Available In the present study, asphaltene precipitation from Iranian heavy crude oil (Persian Gulf off-shore was performed using n-pentane (n-C5 and n-heptane (n-C7 as light alkane precipitants. Several analytical techniques, each following different principles, were then used to structurally characterize the precipitated asphaltenes. The yield of asphaltene obtained using n-pentane precipitant was higher than asphaltene precipitated with the use of n-heptane. The asphaltene removal affected the n-C5 and n-C7 maltene fractions at temperatures below 204°C, as shown by the data obtained through the simulated distillation technique. Viscosity of heavy oil is influenced by the asphaltene content and behavior. The viscosity dependence of the test heavy oil on the shear rate applied was determined and the flow was low at y. above 25 s-1 . The reconstituted heavy oil samples were prepared by adding different amounts of asphaltenes to the maltenes (deasphalted heavy oil and asphaltene effects were more pronounced at the low temperature of 25°C as compared with those at the higher temperatures. According to the power law model used in this study the flowability of the test heavy oil exhibited a pseudoplastic character. Structural results obtained from Fourier Transform InfraRed (FTIR spectroscopy showed the presence of the different functional groups in the precipitated asphaltenes. For instance, the presence of different hydrocarbons (aliphatic, aromatic and alicyclic based on their characteristics in the FTIR spectra was confirmed. Resins are effective dispersants, and removal of this fraction from the crude oil is disturbing to the colloidal nature of heavy oil; asphaltene flocculation and precipitation eventually occur. Appearance of pores in the Scanning Electron Microscopy (SEM images was used as an indicator of the resin detachment. With the use of 1H and 13C Nuclear Magnetic Resonance (NMR spectroscopy, two important structural parameters of the

  13. Natural gas hydrate formation and inhibition in gas/crude oil/aqueous systems

    DEFF Research Database (Denmark)

    Daraboina, Nagu; Pachitsas, Stylianos; von Solms, Nicolas

    2015-01-01

    Gas hydrate formation in multi phase mixtures containing an aqueous phase (with dissolved salts), reservoir fluid (crude oil) and natural gas phase was investigated by using a standard rocking cell (RC-5) apparatus. The hydrate formation temperature was reduced in the presence of crude oils...... of the biodegradable commercial kinetic inhibitor (Luvicap-Bio) on natural gas hydrate formation with and without crude oil (30%) was investigated. The strength of kinetic inhibitor was not affected by salts, but decreased significantly in the presence of crude oil. Data for hydrate formation at practical conditions...... can contribute to the safe operation of sub sea pipelines in the oil and gas industry....

  14. Dispersion Properties of NMR Relaxation for Crude Oil

    Institute of Scientific and Technical Information of China (English)

    Xie Ranhong; Xiao Lizhi

    2007-01-01

    Special requirements for design of tools used for wireline NMR logging and NMR logging while drilling and for interpretation model are demanded due to the dispersion properties of NMR relaxation for crude oil.NMR longitudinal relaxation time (T1) and transverse relaxation time (T2) of the dead oil samples with different viscosities were measured by NMR spectrometers with a Larmor frequency of 2 MHz and 23 MHz at five different temperatures respectively.The results showed that T1 was obviously dependent on the Larmor frequency of NMR spectrometer.The degree of T1 dispersion became stronger with the increasing crude oil viscosity,Larmor frequency and the viscosity/temperature ratio.T2 was independent of NMR spectrometer measuring frequency.It is suggested that the resonance frequency should be selected lower than 2 MHz when measuring T1 in logging while-drilling and that T1 dispersion should be corrected when Larmor frequency is higher than 2 MHz.

  15. Noteworthy: oil markets: Saudis abandon WTI price as benchmark

    OpenAIRE

    Jackson Thies

    2010-01-01

    Saudi Arabia's state-owned oil company no longer uses West Texas Intermediate (WTI) crude oil as its pricing benchmark. Saudi Aramco, the third largest U.S. oil supplier, switched to the Argus Sour Crude Index (ASCI) in January.

  16. Noteworthy: oil markets: Saudis abandon WTI price as benchmark

    OpenAIRE

    Jackson Thies

    2010-01-01

    Saudi Arabia's state-owned oil company no longer uses West Texas Intermediate (WTI) crude oil as its pricing benchmark. Saudi Aramco, the third largest U.S. oil supplier, switched to the Argus Sour Crude Index (ASCI) in January.

  17. Electrochemical removal of metals from crude oil samples

    Energy Technology Data Exchange (ETDEWEB)

    Welter, K.; Salazar, E.; Balladores, Y.; Marquez, O.P.; Marquez, J.; Martinez, Y. (Laboratorio de Electroquimica, Facultad de Ciencias, Universidad de Los Andes, Merida 5101-Venezuela)

    2009-02-15

    Removal of vanadium from vanadyl (IV) meso-tetra-phenylporphyrin (VO-MTPP) and vanadyl (IV) octa-ethylporphyrin (VO-OEP) and metals removal from Ayacucho Venezuelan crude oil samples were performed using electrochemical techniques. According to cyclic voltammograms, a potential of - 2.3 V vs. Ag/AgNO{sub 3} (0.1 M), LiClO{sub 4} (0.1 M) in acetonitrile, was chosen for running electrolysis at platinum (Pt), graphite (G) and glassy carbon (GC) electrodes. Qualitative analysis was done by cyclic voltammetry (CV) and atomic absorption spectroscopy (AAS) while quantification was performed by AAS and inductively coupled plasma/atomic emission spectrometry (ICP/AES). Three stages (best results) of the study are reported: (a) when using commercial porphyrins; the best conditions for electrolysis were: tetrahydrofuran (THF)/20% methanol (MeOH)/1% perchloric acid (HClO{sub 4}) on GC, producing 84% hydro-demetalation (HDM) for VO-MTPP, and 78% HDM for VO-OEP; (b) when using extracts of crude oil; demetalation percentages, after 90 min of electrolysis, on graphite, and after 120 min of electrolysis on platinum, were 66.44% and 64.10% HDM respectively, no discrimination of metals under these conditions (c) from electrolysis in whole crude oil, quantitative analysis gave: vanadium (V) 31.2 mg/kg, iron (Fe) 65, 0 mg/kg and nickel (Ni) 6, 3 mg/kg, with charge efficiencies of V (7.5%), Fe (79.6%) and Ni (8.2%). (author)

  18. Crude oil price forecasting based on hybridizing wavelet multiple linear regression model, particle swarm optimization techniques, and principal component analysis.

    Science.gov (United States)

    Shabri, Ani; Samsudin, Ruhaidah

    2014-01-01

    Crude oil prices do play significant role in the global economy and are a key input into option pricing formulas, portfolio allocation, and risk measurement. In this paper, a hybrid model integrating wavelet and multiple linear regressions (MLR) is proposed for crude oil price forecasting. In this model, Mallat wavelet transform is first selected to decompose an original time series into several subseries with different scale. Then, the principal component analysis (PCA) is used in processing subseries data in MLR for crude oil price forecasting. The particle swarm optimization (PSO) is used to adopt the optimal parameters of the MLR model. To assess the effectiveness of this model, daily crude oil market, West Texas Intermediate (WTI), has been used as the case study. Time series prediction capability performance of the WMLR model is compared with the MLR, ARIMA, and GARCH models using various statistics measures. The experimental results show that the proposed model outperforms the individual models in forecasting of the crude oil prices series.

  19. Crude Oil Price Forecasting Based on Hybridizing Wavelet Multiple Linear Regression Model, Particle Swarm Optimization Techniques, and Principal Component Analysis

    Directory of Open Access Journals (Sweden)

    Ani Shabri

    2014-01-01

    Full Text Available Crude oil prices do play significant role in the global economy and are a key input into option pricing formulas, portfolio allocation, and risk measurement. In this paper, a hybrid model integrating wavelet and multiple linear regressions (MLR is proposed for crude oil price forecasting. In this model, Mallat wavelet transform is first selected to decompose an original time series into several subseries with different scale. Then, the principal component analysis (PCA is used in processing subseries data in MLR for crude oil price forecasting. The particle swarm optimization (PSO is used to adopt the optimal parameters of the MLR model. To assess the effectiveness of this model, daily crude oil market, West Texas Intermediate (WTI, has been used as the case study. Time series prediction capability performance of the WMLR model is compared with the MLR, ARIMA, and GARCH models using various statistics measures. The experimental results show that the proposed model outperforms the individual models in forecasting of the crude oil prices series.

  20. IRS' administration of the Crude Oil Windfall Profit Tax Act of 1980

    Energy Technology Data Exchange (ETDEWEB)

    Bowsher, C.A.

    1984-06-18

    Anticipating that the removal of oil controls would significantly increase the oil industry's profits, the Congress enacted the Crude Oil Windfall Profit Tax Act of 1980. Under the act, oil producers pay a tax on the difference between the free market price of a barrel of oil and its controlled selling price under Department of Energy regulations. Although IRS received no supplemental funding to administer the tax, it moved quickly to establish a compliance program. So that it can further strengthen this program, GAO recommends that IRS develop a more effective means for deciding which properties containing oil wells should be subject to IRS examination; ensuring that the windfall profit tax was in fact assessed on the initial sale of oil subsequently resold many times; and examining tax refund claims based on the very complex section of the law which is designed to assure that the tax is levied only on barrels of oils which, when sold, yield a profit to the seller. The Congress, Treasury, and IRS have improved the administration of the windfall profit tax by defining key terms involved in calculating the tax. To further facilitate windfall profit tax administration, however, the Congress should consider streamlining procedures for issuing tax due notices and appealing IRS decisions to the courts. Treasury and IRS generally agreed with GAO's conclusions and recommendations. 1 figure, 1 table.

  1. Forecasting Value-at-Risk for Crude-Oil Exposures

    DEFF Research Database (Denmark)

    Høg, Esben; Tsiaras, Leonidas

    2009-01-01

    The purpose of this paper is to forecast and evaluate Value-At-Risk for crude-oil exposures. We examine the performance of a GARCH-type based model with lagged implied volatility entering the variance equation as explanatory variable for the predicted variance. The forecasted Values......-at-Risk are calculated using Monte Carlo simulations. The resulting out-of-sample forecasts based on the simulations suggests that the GARCH method with implied volatility as explanatory variable captures the risk structure well....

  2. A Heuristic Approach for International Crude Oil Transportation Scheduling Problems

    Science.gov (United States)

    Yin, Sisi; Nishi, Tatsushi; Izuno, Tsukasa

    In this paper, we propose a heuristic algorithm to solve a practical ship scheduling problem for international crude oil transportation. The problem is considered as a vehicle routing problem with split deliveries. The objective of this paper is to find an optimal assignment of tankers, a sequence of visiting and loading volume simultaneously in order to minimize the total distance satisfying the capacity of tankers. A savings-based meta-heuristic algorithm with lot sizing parameters and volume assignment heuristic is developed. The proposed method is applied to solve a case study with real data. Computational results demonstrate the effectiveness of the heuristic algorithm compared with that of human operators.

  3. Forecasting Value-at-Risk for Crude-Oil Exposures

    DEFF Research Database (Denmark)

    Høg, Esben; Tsiaras, Leonidas

    2009-01-01

    The purpose of this paper is to forecast and evaluate Value-At-Risk for crude-oil exposures. We examine the performance of a GARCH-type based model with lagged implied volatility entering the variance equation as explanatory variable for the predicted variance. The forecasted Values......-at-Risk are calculated using Monte Carlo simulations. The resulting out-of-sample forecasts based on the simulations suggests that the GARCH method with implied volatility as explanatory variable captures the risk structure well....

  4. Macondo crude oil from the Deepwater Horizon oil spill disrupts specific developmental processes during zebrafish embryogenesis

    Directory of Open Access Journals (Sweden)

    de Soysa T Yvanka

    2012-05-01

    Full Text Available Abstract Background The Deepwater Horizon disaster was the largest marine oil spill in history, and total vertical exposure of oil to the water column suggests it could impact an enormous diversity of ecosystems. The most vulnerable organisms are those encountering these pollutants during their early life stages. Water-soluble components of crude oil and specific polycyclic aromatic hydrocarbons have been shown to cause defects in cardiovascular and craniofacial development in a variety of teleost species, but the developmental origins of these defects have yet to be determined. We have adopted zebrafish, Danio rerio, as a model to test whether water accumulated fractions (WAF of the Deepwater Horizon oil could impact specific embryonic developmental processes. While not a native species to the Gulf waters, the developmental biology of zebrafish has been well characterized and makes it a powerful model system to reveal the cellular and molecular mechanisms behind Macondo crude toxicity. Results WAF of Macondo crude oil sampled during the oil spill was used to treat zebrafish throughout embryonic and larval development. Our results indicate that the Macondo crude oil causes a variety of significant defects in zebrafish embryogenesis, but these defects have specific developmental origins. WAF treatments caused defects in craniofacial development and circulatory function similar to previous reports, but we extend these results to show they are likely derived from an earlier defect in neural crest cell development. Moreover, we demonstrate that exposure to WAFs causes a variety of novel deformations in specific developmental processes, including programmed cell death, locomotor behavior, sensory and motor axon pathfinding, somitogenesis and muscle patterning. Interestingly, the severity of cell death and muscle phenotypes decreased over several months of repeated analysis, which was correlated with a rapid drop-off in the aromatic and alkane

  5. Acetylation of oil palm empty fruit bunch fiber as an adsorbent for removal of crude oil.

    Science.gov (United States)

    Asadpour, Robabeh; Sapari, Nasiman B; Isa, Mohamed Hasnain; Kakooei, Saeid

    2016-06-01

    Removal of oil spillage from the environment is a global concern. Various methods, including the use of fibers as sorbents, have been developed for oil spill control. Oil palm empty fruit bunch (OPEFB) fiber is a plant biomass that may be acetylated by acetic anhydride using N-bromosuccinimide (NBS) as a catalyst; here, the extent of acetylation may be calculated in terms of weight percent gain (WPG). The modified fiber was used to remove Tapis and Arabian crude oils. The optimum time, temperature, and catalyst concentration were 4 h, 120 °C, and 3 %, respectively, and these parameters could achieve an 11.49 % increase in WPG. The optimized parameters improved the adsorption capacity of OPEFB fibers for crude oil removal. The acetylated OPEFB fibers were characterized by using Fourier transform infrared spectroscopy and field emission scanning electron microscopy to observe the functional groups available and morphology. Kinetic and isotherm studies were conducted using different contact times and oil/water ratios. The rate of oil sorption onto the OPEFB fibers can be adequately described by the pseudo-second-order equation. Adsorption studies revealed that adsorption of crude oil on treated OPEFB fiber could be best described by the Langmuir isotherm model.

  6. Biodegradation of Bonnylight crude oil by locally isolated fungi from oil contaminated soils in Akure, Ondo state

    OpenAIRE

    Ekundayo, F. O.; Olukunle, O.F.; Ekundayo, E.A.

    2012-01-01

    Aim: This present investigation was conducted to determine the capability of fungi isolated from soil samples collected from two automobile workshopsto bioremediate Bonnylight crude oil.Methodology and Results: The fungi present on the soil samples collected from two automobile workshops in Akure, Nigeria were investigated using standard microbiological techniques. These fungal isolates were screened for the ability to degrade Bonnylight crude oil. The bioremediation of Bonnylight crude oil w...

  7. Embryotoxicity of weathered crude oil from the Gulf of Mexico in mallard ducks (Anas platyrhynchos).

    Science.gov (United States)

    Finch, Bryson E; Wooten, Kimberly J; Smith, Philip N

    2011-08-01

    Weathered crude oil in the Gulf of Mexico can result from oil spills such as the Deepwater Horizon incident that occurred on April 20, 2010 or from natural seeps. Adult waterbirds of the Gulf Coast region may become exposed to weathered crude oil while foraging, wading, or resting, and residues can then be transferred to nests, eggs, and hatchlings. Although the toxicity of many types of crude oil to avian embryos has been thoroughly studied, the effects of weathered crude oil on developing avian embryos are not well characterized. The objective of the present study was to examine embryotoxicity of weathered crude oil collected from the Gulf of Mexico in June 2010 using mallard ducks (Anas platyrhynchos) as a model species. Weathered crude oil was applied to fertilized mallard duck eggs by paintbrush in masses ranging from 0.1 to 99.9 mg on day 3 of incubation. Mortality occurred as early as day 7 and the conservatively derived median lethal application of weathered crude oil was 30.8 mg/egg (0.5 mg/g egg) or 30.7 µl/egg (0.5 µl/g egg). Body mass, liver and spleen mass, crown-rump and bill lengths, and frequency of deformities were not significantly different among hatchlings from oiled and control eggs. In comparison to published reports of fresh crude oil embryotoxicity, weathered crude oil was considerably less toxic. We conclude that avian toxicity varies according to the degree of crude oil weathering and the stage of embryonic development at the time of exposure. Results indicate bird eggs exposed to weathered crude oil from the Gulf of Mexico during summer 2010 may have had reduced hatching success.

  8. Forecasting Crude Oil Price with Multiscale Denoising Ensemble Model

    Directory of Open Access Journals (Sweden)

    Xia Li

    2014-01-01

    Full Text Available Crude oil price becomes more volatile and sensitive to increasingly diversified influencing factors with higher level of deregulations worldwide. Current methodologies are being challenged as they have been constrained by traditional approaches assuming homogeneous time horizons and investment strategies. Approximations they provided over the long term time horizon no longer satisfy the accuracy requirement at shorter term and more microlevels. This paper proposes a novel crude oil price forecasting model based on the wavelet denoising ARMA models ensemble by least square support vector regression with the reduced forecasting matrix dimensions by independent component analysis. The proposed methodology combines the multi resolution analysis and nonlinear ensemble framework. The wavelet denoising based algorithm is introduced to separate and extract the underlying data components with distinct features, corresponding to investors with different investment scales, which are modeled with time series models of different specifications and parameters. Then least square support vector regression is introduced to nonlinearly ensemble results based on different wavelet families to further reduce the estimation biases and improve the forecasting generalizability. Empirical studies show the significant performance improvement when the proposed model is tested against the bench-mark models.

  9. Removal of crude oil polycyclic aromatic hydrocarbons via organoclay-microbe-oil interactions.

    Science.gov (United States)

    Ugochukwu, Uzochukwu C; Fialips, Claire I

    2017-05-01

    Clay minerals are quite vital in biogeochemical processes but the effect of organo-clays in the microbial degradation of crude oil polycyclic aromatic hydrocarbons is not well understood. The role of organo-saponite and organo-montmorillonite in comparison with the unmodified clays in crude oil polycyclic aromatic hydrocarbons (PAHs) removal via adsorption and biodegradation was studied by carrying out microcosm experiments in aqueous clay/oil systems with a hydrocarbon degrading microbial community that is predominantly alcanivorax spp. Montmorillonite and saponite samples were treated with didecyldimethylammonium bromide to produce organo-montmorillonite and organo-saponite used in this study. Obtained results indicate that clays with high cation exchange capacity (CEC) such as montmorillonite produced organo-clay (organomontmorillonite) that was not stimulatory to biodegradation of crude oil polycyclic aromatic compounds, especially the low molecular weight (LMW) ones, such as dimethylnaphthalenes. It is suggested that interaction between the organic phase of the organo-clay and the crude oil PAHs which is hydrophobic in nature must have reduced the availability of the polycyclic aromatic hydrocarbons for biodegradation. Organo-saponite did not enhance the microbial degradation of dimethylnaphthalenes but enhanced the biodegradation of some other PAHs such as phenanthrene. The unmodified montmorillonite enhanced the microbial degradation of the PAHs and is most likely to have done so as a result of its high surface area that allows the accumulation of microbes and nutrients enhancing their contact.

  10. Conversion of Crude Oil to Methane by a Microbial Consortium Enriched From Oil Reservoir Production Waters

    Directory of Open Access Journals (Sweden)

    Carolina eBerdugo-Clavijo

    2014-05-01

    Full Text Available The methanogenic biodegradation of crude oil is an important process occurring in petroleum reservoirs and other oil-containing environments such as contaminated aquifers. In this process, syntrophic bacteria degrade hydrocarbon substrates to products such as acetate, and/or H2 and CO2 that are then used by methanogens to produce methane in a thermodynamically dependent manner. We enriched a methanogenic crude oil-degrading consortium from production waters sampled from a low temperature heavy oil reservoir. Alkylsuccinates indicative of fumarate addition to C5 and C6 n-alkanes were identified in the culture (above levels found in controls, corresponding to the detection of an alkyl succinate synthase gene (assA in the culture. In addition, the enrichment culture was tested for its ability to produce methane from residual oil in a sandstone-packed column system simulating a mature field. Methane production rates of up 5.8 μmol CH4/g of oil/day were measured in the column system. Amounts of produced methane were in relatively good agreement with hydrocarbon loss showing depletion of more than 50% of saturate and aromatic hydrocarbons. Microbial community analysis revealed that the enrichment culture was dominated by members of the genus Smithella, Methanosaeta, and Methanoculleus. However, a shift in microbial community occurred following incubation of the enrichment in the sandstone columns. Here, Methanobacterium sp. were most abundant, as were bacterial members of the genus Pseudomonas and other known biofilm forming organisms. Our findings show that microorganisms enriched from petroleum reservoir waters can bioconvert crude oil components to methane both planktonically and in sandstone-packed columns as test systems. Further, the results suggest that different organisms may contribute to oil biodegradation within different phases (e.g., planktonic versus sessile within a subsurface crude oil reservoir.

  11. Crude oil geochemistry of the southern Songliao Basin

    Energy Technology Data Exchange (ETDEWEB)

    Li Taiming; Rullkoetter, J.; Radke, M.; Schaefer, R.G.; Welte, D.H.

    1987-08-01

    Twenty-three crude oils from the southern Songliao Basin, Heilongjiang Province (People's Republic of China), were characterized by various organic geochemical techniques to have a very uniform bulk and molecular composition in terms of source characteristics (type I kerogen) but to vary significantly in thermal maturity. Two middle Cretaceous source rocks, i.e. the Members 1 of the Qingshankou (Qn/sub 1/) and Nenjiang (Nen/sub 1/) Formations, were considered to be the most likely origin of the oils investigated, but a Jurassic source cannot be fully excluded for the Nang'An oils. Molecular maturation indicators including carbon preference indices, sterane isomerisation, conversion of mono- into triaromatic steroid hydrocarbons, relative concentration of diasteranes and the 18..cap alpha..(H)-22,29,30-trisnorneohopane/17..cap alpha..(H)-22,29,30-trisnorhopane ratio showed that there is a positive correlation between thermal maturity of the oils and the age of their reservoirs. This was interpreted as an indication of limited cross-stratigraphic migration and further evidence for the generation in the Qn/sub 1/ and Nen/sub 1/ source rocks.

  12. Enrichment and isolation of crude oil degrading bacteria from some mussels collected from the Persian Gulf.

    Science.gov (United States)

    Bayat, Zeynab; Hassanshahian, Mehdi; Hesni, Majid Askari

    2015-12-15

    To date, little is known about existing relationships between mussels and bacteria in hydrocarbon-contaminated marine environments. The aim of this study is to find crude oil degrading bacteria in some mussels at the Persian Gulf. Twenty eight crude oil degrading bacteria were isolated from three mussels species collected from oil contaminated area at Persian Gulf. According to high growth and degradation of crude oil four strains were selected between 28 isolated strains for more study. Determination the nucleotide sequence of the gene encoding for 16S rRNA show that these isolated strains belong to: Shewanella algae isolate BHA1, Micrococcus luteus isolate BHA7, Pseudoalteromonas sp. isolate BHA8 and Shewanella haliotis isolate BHA35. The residual crude oil in culture medium was analysis by Gas Chromatography (GC). The results confirmed that these strains can degrade: 47.24%, 66.08%, 27.13% and 69.17% of crude oil respectively. These strains had high emulsification activity and biosurfactant production. Also, the effects of some factors on crude oil degradation by isolated strains were studied. The results show that the optimum concentration of crude oil was 2.5% and the best degradation take place at 12% of salinity. This research is the first reports on characterization of crude oil degrading bacteria from mussels at Persian Gulf and by using of these bacteria in the field the effect of oil pollution can be reduce on this marine environment.

  13. Toxicities of crude oils and oil-dispersant mixtures to juvenile rabbitfish, Siganus rivulatus

    Energy Technology Data Exchange (ETDEWEB)

    Eisler, R. (National Marine Water Quality Lab., Narragansett, RI); Kissil, G.W.

    1975-01-01

    Toxicities were determined for two crude oils, one from the Persian Gulf (Iran) and one from the Sinai Peninsula (Gulf of Suez), to rabbitfish, Siganus rivulatus, an economically important species of teleost from the Red Sea. Also tested for toxicity were ST 5, a chemical oil dispersant, and oil-ST 5 mixtures in the ratio 10:1 vol/vol. Static tests conducted in small (3-liter) jars at 41 /sup 0///sub 00/ salinity and 23/sup 0/C produced LC/sub 50/ (168 h) values of 0.74 ml/liter for Iranian crude, 14.5 ml/liter for Sinai crude, and 0.010 ml/liter for ST 5; LC/sub 50/ values for oil-ST 5 mixtures reflected biocidal properties of ST 5 alone. Iranian oil became less toxic with increasing time in seawater over a period of 168 hours; the reverse was observed for Sinai crude. ST 5 exhibited a dramatic reduction in lethality after 2 hours in the assay medium. The most toxic component tested of Iranian crude was the lowest-boiling fraction; with Sinai crude it was the highest-boiling fraction; with ST 5 the volatile surfactant component accounted for almost all deaths. Liver enlargement in rabbitfish was linked with exposure to comparatively high concentrations of crude oil. High sublethal levels of ST 5 caused reductions in blood hematocrit. Rabbitfish survival at a given petrochemical concentration was highest at intermediate salinities of 30-50 /sup 0///sub 00/ in the salinity range tested of 20 to 60 /sup 0///sub 00/. Rabbitfish were more resistant to crudes and oil-dispersant mixtures in continuous flow bioassays conducted in large tanks than in static jar bioassays. Tank tests also suggested that mortalities were higher among toxicant-stressed fish confined 0.2 to 1.0 meters from the surface than among fish held 1.0 to 1.8 m from the surface. (auth)

  14. Crude oil biodegradation by a mixed bacterial culture

    Energy Technology Data Exchange (ETDEWEB)

    Van Hamme, J.D.

    2000-07-01

    Mixed cultures with broad substrate specificity usually form the basis for biological methods used for the remediation of petroleum hydrocarbon-contaminated wastes. Bow River crude oil was used as a model substrate for the study of microbe-microbe and microbe-substrate interactions in batch fermentation systems. Substrate availability limited the mixed-bacterial culture due to hydrocarbon insolubility. A method of improving biodegradation through the use of chemical surfactants was tested. A hydrophile-lipophile balance of 13 led to optimum enhancement at supra-critical micellization concentrations not exceeding a critical level, as indicated by the results of a detailed study with nonylphenol ethoxylates. A broad variety of trypticase soy agar-culturable bacteria was contained in the culture. Initially, Pseudomonas Flavimonas and Stenotrophomonas spp. dominated in the fermentations with different hydrocarbon mixtures. The lag time of Stenotrophomonas sp. and exposure to Bow River saturates selected for an Acinetobacter calcoacetius strain were increased by a chemical surfactant. Following prolonged incubation, a greater variety of mainly non-hydrocarbon degrading bacteria were isolated in each case. Low molecular weight volatile hydrocarbons were degraded in closed systems and the greatest activity from the culture occurred against the saturate and aromatic fractions. To monitor volatile hydrocarbon degradation in live cultures at 30 degrees Celsius, a rapid and sensitive solid phase microextraction methodology was developed. Only the cultures grown on crude oil in sealed flasks, or in open flasks amended with yeast extract retained their volatile hydrocarbon-degrading capabilities. Correlated with reduced proportions of hydrocarbon-degrading bacteria in biodegradation flasks, metabolic capacity decreased with inoculum age. The degradation hierarchy and chemical surfactant effects were confirmed by pure and co-culture studies. The presence of a chemical surfactant

  15. Compositional heterogeneity of crude oil and its origin in the Linnan subsag, Linyi County, Shandong Province

    Institute of Scientific and Technical Information of China (English)

    CHANG Xiangchun; DUAN Yunge; CHEN Qingchun; MA Lixin

    2008-01-01

    The Linnan subsag is the main oil producer of the Linpan oil zone. Based on the oil group composition, gas chromatography data and biomarker analysis, it was indicated that crude oils from different oilfields varied greatly in group composition and showed obvious heterogeneities in the aspects of precursor type, crude oil maturity and hydrocarbon depositional environment. According to the characteristics of source rocks, three oil populations can be distinguished, i.e., the southern, northern and transitional oil populations. Furthermore, on the basis of post-reservoir reworking processes, the medium conditions of hydrocarbon-generating environment and differences in maturity, six oil families and twelve sub-families were distinquished. An integrated study suggested that the factors leading to such heterogeneities in crude oil composition mainly include different source rocks, multi-stage oil/gas charging, geo-chromatographic effects during oil/gas migration, reservoir heterogeneities and various post-reservoir secondary alterations.

  16. Design challenges for large Arctic crude oil tanker

    Energy Technology Data Exchange (ETDEWEB)

    Iyerusalimskiy, A.; Noble, P. [ConocoPhillips, Houston, TX (United States)

    2008-09-15

    The Vasily Dinkov vessel was delivered by Samsung Heavy Industries shipyard to Russian ship-owner Sovcomflot. It is the largest icebreaking tanker ever built. The vessel was designed and constructed to transport crude oil from the Varandey offshore terminal in the southeastern Barents Sea to a transshipment location near Murmansk, Russia. The vessel is under long-term charter for Naryanmarneftegas, a joint venture of Lukoil and ConocoPhillips. The new ship was constructed strictly to the requirements, specification, and concept design provided by the charterer. The Varandey oil transportation concept and the vessel operational profile resulted in some conflicting requirements, compromising technical solutions, and assumptions yet to be proven in operation. This paper described the design challenges and selected approach to solve the solution to the tanker key design elements. These included the ice transit and other Arctic environmental challenges; open water performance issues; and icebreaking hull structure design challenges associated with modern shipbuilding technology standards and cost efficiency. The principle characteristics of the Vasily Dinkov were first presented and the Varandey crude oil transportation system was also described. Several features have made the Vasily Dinkov the most advanced icebreaking tanker to date, such as the icebreaking concept which has expanded the capability of both traditional icebreaking ships fitted with the icebreaker bow and double acting ships intended to operate astern only in the ice; the largest azimuthal twin screw propulsion plant for the Arctic with highest ice torque capacity ever specified for cargo vessel; and the first customized, automated, asymmetric steering control system designed to improve open water maneuverability and steering stability of podded vessels. It was concluded that the transportation system, the overall vessel concept and many of the vessel features require validation based on operational

  17. Chromatographic and spectroscopic analysis of heavy crude oil mixtures with emphasis in nuclear magnetic resonance spectroscopy: A review

    Energy Technology Data Exchange (ETDEWEB)

    Silva, Sandra L. [Department of Chemistry, QOPNA, University of Aveiro, Campus de Santiago, 3810-193 Aveiro (Portugal); Silva, Artur M.S., E-mail: artur.silva@ua.pt [Department of Chemistry, QOPNA, University of Aveiro, Campus de Santiago, 3810-193 Aveiro (Portugal); Ribeiro, Jorge C. [Petrogal SA, Laboratory of Matosinhos Refinery, Rua Belchior Robles, 4452-852 Leca da Palmeira, Matosinhos (Portugal); Martins, Fernando G. [LEPAE, University of Porto, Engineering Faculty, Department of Chemical Engineering, Rua Dr. Roberto Frias, 4200-465 Porto (Portugal); Da Silva, Francisco A.; Silva, Carlos M. [Department of Chemistry, CICECO, University of Aveiro, Campus de Santiago, 3810-193 Aveiro (Portugal)

    2011-11-30

    Graphical abstract: The chromatographic and spectroscopic techniques used to characterize heavy crude oils, although more focused in the nuclear magnetic resonance spectroscopy as the technique of choice, due to its capability to provide great information on the chemical nature of individual types of proton and carbon atoms in different and complex mixtures of crude oils are described. This review is based on 65 references and describes in a critical and interpretative ways the advantages of the NMR spectroscopy as a main technique to be used in crude oil refining industries that want to characterize crude oil fractions and the obtained refined products. Highlights: Black-Right-Pointing-Pointer Chromatogrfaphic and spectroscopic techniques used to characterize heavy crude oils have been reviewed. Black-Right-Pointing-Pointer This review describes in a critical and interpretative ways the advantages of the NMR spectroscopy as a main technique to be used in crude oil refining industries. Black-Right-Pointing-Pointer The progress in the interpretation of the NMR spectra and of different multivariate data analyses and their potential in the identification and characterization of hydrocarbons and their physical and chemical properties have also been reviewed. - Abstract: The state of the art in the characterization of heavy crude oil mixtures is presented. This characterization can be done by different techniques, such as gas chromatography (GC), high performance liquid chromatography (HPLC), thin layer chromatography (TLC), infrared spectroscopy (IR), Raman spectroscopy, nuclear magnetic resonance (NMR) spectroscopy and mass spectrometry (MS). Nuclear magnetic resonance spectroscopy is the technique of choice due to its capability to provide information on the chemical nature of individual types of hydrogen and carbon atoms in different and complex mixtures of crude oils. The progress made in the interpretation of the NMR spectra with the development of new NMR

  18. BIODEGRADATION OF POLYCYCLIC AROMATIC HYDROCARBONS (PAH) FROM CRUDE OIL IN SANDY-BEACH MICROCOSMS.

    Science.gov (United States)

    Though the lower n-alkanes are considered the most degradable components of crude oil, our experiments with microcosms simulating oiled beaches showed substantial depletion of fluorene, phenanthrene, dibenzothiophene, and other PAH in control treatments consisting of raw seawater...

  19. OPTIMIZATION OF DEMULSIFIER FORMULATION FOR SEPARATION OF WATER FROM CRUDE OIL EMULSIONS

    National Research Council Canada - National Science Library

    Hajivand, P; Vaziri, A

    2015-01-01

    Abstract In this study, various water-soluble and oil-soluble demulsifiers were selected for separation of water from crude oil emulsions and their productivity measured using the Bottle-test method at 70...

  20. Effect of crude oil extracts on early stages of African catfish ...

    African Journals Online (AJOL)

    Effect of crude oil extracts on early stages of African catfish Heterobranchus ... carried out in the Institute of Oceanography Fish Farm, University of Calabar, Nigeria. Petroleum hydrocarbon was extracted from the two oils in separate 30litre ...

  1. Corrosion of mild steel, copper and brass in crude oil / seawater mixture

    Digital Repository Service at National Institute of Oceanography (India)

    PrabhaDevi, S.; Sawant, S.S.; Wagh, A.B.

    Mild steel, copper and brass coupons were introduced in natural seawater containing varying amount of crude oil. Mild steel showed higher rate of corrosion in seawater containing oil and lower corrosion rate in natural as well as artificial seawater...

  2. Studies on water-in-oil products from crude oils and petroleum products.

    Science.gov (United States)

    Fingas, Merv; Fieldhouse, Ben

    2012-02-01

    Water-in-oil mixtures such as emulsions, often form and complicate oil spill countermeasures. The formation of water-in-oil mixtures was studied using more than 300 crude oils and petroleum products. Water-in-oil types were characterized by resolution of water at 1 and 7 days, and some after 1 year. Rheology measurements were carried out at the same intervals. The objective of this laboratory study was to characterize the formed water-in-oil products and relate these properties to starting oil properties. Analysis of the starting oil properties of these water-in-oil types shows that the existence of each type relates to the starting oil viscosity and its asphaltene and resin contents. This confirms that water-in-oil emulsification is a result of physical stabilization by oil viscosity and chemical stabilization by asphaltenes and resins. This stabilization is illustrated using simple graphical techniques. Four water-in-oil types exist: stable, unstable, meso-stable and entrained. Each of these has distinct physical properties. Copyright © 2011 Elsevier Ltd. All rights reserved.

  3. Importance of the slick thickness for effective in-situ burning of crude oil

    DEFF Research Database (Denmark)

    van Gelderen, Laurens; Brogaard, Nicholas L.; Sørensen, Martin X.;

    2015-01-01

    height. The experiments were performed in a new experimental apparatus, the Crude Oil Flammability Apparatus (COFA), which has been developed to study ISB of oil on water in a controlled laboratory environment with large water-to-oil ratios. The regression rate, average mass loss rate and burning...... above 75% for the crude oils, showing that it only has a limited effect on the burning efficiency as higher burning efficiencies have been reported for larger scales. Furthermore, the results showed that the burning mechanisms differ for pure and crude oil, indicating that the hydrocarbon mixture...

  4. Benzene exposure on a crude oil production vessel

    Energy Technology Data Exchange (ETDEWEB)

    Kirkeleit, J; Riise, T.; Bratveit, M.; Moen, B.E. [University of Bergen (Norway). Dept. of Public Health and Primary Health Care

    2006-07-01

    Objectives: The aim was to describe the personal exposure to benzene on a typical crude oil production vessel and to identify factors influencing the exposure level. Methods: The study population included process operators, deck workers, mechanics and contractors on a production vessel in the Norwegian sector of the North Sea. The personal exposure to benzene during ordinary activity, during a short shutdown and during tank work was monitored using organic vapour passive dosimeter badges (3MTM3500). Information on the tasks performed on the day of sampling was recorded. Exposure was assessed by grouping the measurements according to job category, mode of operation and the tasks performed on the sampling day. Univariate analysis of variance was used to test the differences between the groups. Results: Forty-two workers participated in the exposure assessment, comprising a total of 139 measurements. The arithmetic and geometric mean of benzene exposure for all measurements was 0.43 and 0.02 p.p.m., respectively. Twenty-five measurements (18%) were below the limit of detection (0.001 p.p.m.), while ten samples (7%) exceeded the occupational exposure limit of 0.6 p.p.m. The geometric mean exposure was 0.004 p.p.m. (95% CI 0.003-0.006) during ordinary activity, 0.01 p.p.m. (95% CI 0.005-0.02) during shutdown and 0.28 p.p.m. (95% CI 0.16-0.49) during tank work. Workers performing annual cleaning and maintenance of tanks containing crude oil or residues of crude oil had higher levels of exposure than workers performing other tasks, including work near open hydrocarbon-transport systems (all P < 0.001). However, because of the mandatory use of respirators, the actual personal benzene exposure was lower. The job categories explained only 5% of the variance in exposure, whereas grouping by mode of operation explained 54% of the variance and grouping by task 68%. Conclusion: The results show that, although benzene exposure during ordinary and high activity seems to be low in

  5. Interactions between zooplankton and crude oil: toxic effects and bioaccumulation of polycyclic aromatic hydrocarbons.

    Directory of Open Access Journals (Sweden)

    Rodrigo Almeda

    Full Text Available We conducted ship-, shore- and laboratory-based crude oil exposure experiments to investigate (1 the effects of crude oil (Louisiana light sweet oil on survival and bioaccumulation of polycyclic aromatic hydrocarbons (PAHs in mesozooplankton communities, (2 the lethal effects of dispersant (Corexit 9500A and dispersant-treated oil on mesozooplankton, (3 the influence of UVB radiation/sunlight exposure on the toxicity of dispersed crude oil to mesozooplankton, and (4 the role of marine protozoans on the sublethal effects of crude oil and in the bioaccumulation of PAHs in the copepod Acartia tonsa. Mortality of mesozooplankton increased with increasing oil concentration following a sigmoid model with a median lethal concentration of 32.4 µl L(-1 in 16 h. At the ratio of dispersant to oil commonly used in the treatment of oil spills (i.e. 1∶20, dispersant (0.25 µl L(-1 and dispersant-treated oil were 2.3 and 3.4 times more toxic, respectively, than crude oil alone (5 µl L(-1 to mesozooplankton. UVB radiation increased the lethal effects of dispersed crude oil in mesozooplankton communities by 35%. We observed selective bioaccumulation of five PAHs, fluoranthene, phenanthrene, pyrene, chrysene and benzo[b]fluoranthene in both mesozooplankton communities and in the copepod A. tonsa. The presence of the protozoan Oxyrrhis marina reduced sublethal effects of oil on A. tonsa and was related to lower accumulations of PAHs in tissues and fecal pellets, suggesting that protozoa may be important in mitigating the harmful effects of crude oil exposure in copepods and the transfer of PAHs to higher trophic levels. Overall, our results indicate that the negative impact of oil spills on mesozooplankton may be increased by the use of chemical dispersant and UV radiation, but attenuated by crude oil-microbial food webs interactions, and that both mesozooplankton and protozoans may play an important role in fate of PAHs in marine environments.

  6. Optimization of China Crude Oil Transportation Network with Genetic Ant Colony Algorithm

    Directory of Open Access Journals (Sweden)

    Yao Wang

    2015-08-01

    Full Text Available Taking into consideration both shipping and pipeline transport, this paper first analysed the risk factors for different modes of crude oil import transportation. Then, based on the minimum of both transportation cost and overall risk, a multi-objective programming model was established to optimize the transportation network of crude oil import, and the genetic algorithm and ant colony algorithm were employed to solve the problem. The optimized result shows that VLCC (Very Large Crude Carrier is superior in long distance sea transportation, whereas pipeline transport is more secure than sea transport. Finally, this paper provides related safeguard suggestions on crude oil import transportation.

  7. Crude oil as a microbial seed bank with unexpected functional potentials

    Science.gov (United States)

    Cai, Man; Nie, Yong; Chi, Chang-Qiao; Tang, Yue-Qin; Li, Yan; Wang, Xing-Biao; Liu, Ze-Shen; Yang, Yunfeng; Zhou, Jizhong; Wu, Xiao-Lei

    2015-11-01

    It was widely believed that oil is a harsh habitat for microbes because of its high toxicity and hydrophobicity. However, accumulating evidence has revealed the presence of live microbes in crude oil. Therefore, it’s of value to conduct an in-depth investigation on microbial communities in crude oil. To this end, microorganisms in oil and water phases were collected from four oil-well production mixtures in Qinghai Oilfield, China, and analyzed for their taxonomic and functional compositions via pyrosequencing and GeoChip, respectively. Hierarchical clustering of 16S rRNA gene sequences and functional genes clearly separated crude oil and water phases, suggestive of distinct taxonomic and functional gene compositions between crude oil and water phases. Unexpectedly, Pseudomonas dominated oil phase where diverse functional gene groups were identified, which significantly differed from those in the corresponding water phases. Meanwhile, most functional genes were significantly more abundant in oil phase, which was consistent with their important roles in facilitating survival of their host organisms in crude oil. These findings provide strong evidence that crude oil could be a “seed bank” of functional microorganisms with rich functional potentials. This offers novel insights for industrial applications of microbial-enhanced oil recovery and bioremediation of petroleum-polluted environments.

  8. Ignitability of crude oil and its oil-in-water products at arctic temperature.

    Science.gov (United States)

    Ranellone, Raymond T; Tukaew, Panyawat; Shi, Xiaochuan; Rangwala, Ali S

    2017-02-15

    A novel platform and procedure were developed to characterize the ignitability of Alaska North Slope (ANS) crude oil and its water-in-oil products with water content up to 60% at low temperatures (-20-0°C). Time to ignition, critical heat flux, in-depth temperature profiles were investigated. It was observed that a cold boundary and consequent low oil temperature increased the thermal inertia of the oil/mixture and consequently the time to sustained ignition also increased. As the water content in the ANS water-in-oil mixture increased, the critical heat flux for ignition was found to increase. This is mainly because of an increase in the thermal conductivity of the mixture with the addition of saltwater. The results of the study can be used towards design of ignition strategies and technologies for in situ burning of oil spills in cold climates such as the Arctic.

  9. International evidence on crude oil price dynamics. Applications of ARIMA-GARCH models

    Energy Technology Data Exchange (ETDEWEB)

    Mohammadi, Hassan [Department of Economics, Illinois State University, Normal, IL 61790-4200 (United States); Su, Lixian [Graduate Student, Department of Economics, Illinois State University, Normal, IL 61790-4200 (United States)

    2010-09-15

    We examine the usefulness of several ARIMA-GARCH models for modeling and forecasting the conditional mean and volatility of weekly crude oil spot prices in eleven international markets over the 1/2/1997-10/3/2009 period. In particular, we investigate the out-of-sample forecasting performance of four volatility models - GARCH, EGARCH and APARCH and FIGARCH over January 2009 to October 2009. Forecasting results are somewhat mixed, but in most cases, the APARCH model outperforms the others. Also, conditional standard deviation captures the volatility in oil returns better than the traditional conditional variance. Finally, shocks to conditional volatility dissipate at an exponential rate, which is consistent with the covariance-stationary GARCH models than the slow hyperbolic rate implied by the FIGARCH alternative. (author)

  10. The international oil market; Mercado petrolero internacional

    Energy Technology Data Exchange (ETDEWEB)

    Romo R, Daniel; Galina H, Sergio; Perez A, Alfonso [Instituto Mexicano del Petroleo (IMP), Mexico, D.F. (Mexico)

    2006-11-15

    In the last years, the international prices of oil have shown a bullish behavior that was accelerated from the 2003 to date. This work has the objective of making a diagnosis of the structural and conjunctural factors that determine the present behavior of the international oil market, and in particular of its price level, with base in establishing general guidelines over its behavior in the medium term. It is concluded that the international demand of oil will show a smaller growth of the energy consumption and that the efforts made by the producers will be able to take care of that demand, but that the prices of the marking crudes will stay at least above 50 dollars per barrel during the balance of the decade. [Spanish] En los ulimos anos, los precios internacionales del petroleo han mostrado un comportamiento alcista que se acelero desde 2003 a la fecha. Este trabajo tiene el objetivo de realizar un diagnostico de los factores estructurales y coyunturales que determinan el comportamiento actual del mercado petrolero internacional, y en particular de su nivel de precios. Con base en establecen lineamentos generales sobre su comportamiento en el mediano plazo. Se concluye que la demanda internacional de petroleo mostrara un menor crecimiento del consumo de energia y que los esfuerzos realizados por los productores podran atender esa demanda, pero que los precios de los crudos marcadores se mantendran al menos por arriba de los 50 dolares por barril en lo que resta de la decada.

  11. A new approach to model strain change of gelled waxy crude oil under constant stress

    DEFF Research Database (Denmark)

    Hou, Lei; Song, Changyu; Yan, Wei

    2014-01-01

    Deformation of gelled waxy crude oil with loaded stress is worthy of research for the flow assurance of pipelining system. A dispersion parameter was introduced to characterize the disruption degree of wax crystal structure in crude oil with shear action. Based on fractional calculus theory, a rh...

  12. Effect of Bonny Light Crude Oil Pollution of Soil on the Growth of ...

    African Journals Online (AJOL)

    Devika

    ABSTRACT: The effect of Bonny Light Crude oil pollution of soil and ... In the Control treatments, a declining trend in plant growth was observed from .... needed to accommodate 2 oil levels replicated 5 times. Fresh unweathered Bonny Light Crude (BLC) ... Mean * Plant Height (cm) at Different Successive Plantings.

  13. Chemical composition of asphaltenes of crude oil from Baradero field in Cuba

    Energy Technology Data Exchange (ETDEWEB)

    Platonov, V.V.; Proskuryakov, V.A.; Klyavina, O.A.; Kolyabina, N.A. [L.N. Tolstoi Tula State Pedagogical Institute (Russian Federation)

    1994-09-10

    Asphaltenes of crude oil from Baradero field in Cuba have been studied by physical and physicochemical methods. Dynamics of distribution of nitrogen, sulfur, and oxygen and also various functional groups in asphaltenes has been described. These data can be used for the proper deasphalting of crude oil and further treatment of asphaltenes.

  14. Quality of Crude Oil Extracted from Aging Walleye Pollock (Theragra chalcogramma) Byproducts

    Science.gov (United States)

    Quality of crude oil extracted from pollock byproducts aged at 6 and 15 'C for up to 4 and 10 days was examined. Longer storage of byproducts resulted in higher free fatty acid (FFA) and an increase in retinol levels in the extracted crude oils. Primary and secondary oxidative assays consisting of p...

  15. growth development in pre-pubertal female rabbits fed crude oil

    African Journals Online (AJOL)

    OMA

    ... was conducted to examine the effects of crude oil (Bonny Light Grade) on the ... that growth was significantly depressed (P≤0.05) in the crude oil treated diets ... However, few works ... The results in this study revealed a severe depression in.

  16. Density and viscosity behavior of a North Sea crude oil, natural gas liquid, and their mixtures

    DEFF Research Database (Denmark)

    Schmidt, KAG; Cisneros, Sergio; Kvamme, B

    2005-01-01

    to accurately model the saturation pressures, densities, and viscosities of petroleum systems ranging from natural gases to heavy crude oils. The applicability of this overall modeling technique to reproduce measured bubble points, densities, and viscosities of a North Sea crude oil, a natural gas liquid...

  17. Effect of dispersants on the growth of indigenous bacterial population and biodegradation of crude oil

    Digital Repository Service at National Institute of Oceanography (India)

    Bhosle, N.B.; Row, A.

    of the dispersants were toxic, except IB 2/80, to the bacterial population. All of the dispersants, when used alone, or in combination with the crude oil, supported good growth of bacteria. The Saudi Arabian crude oil by itself was toxic to the bacteria, and when...

  18. Effects of crude oil ingestion on avian intestinal function

    Science.gov (United States)

    Eastin, W.C.; Murray, H.C.

    1981-01-01

    Intestinal function in mallard ducklings (Anas platyrhynchos) on a freshwater regime was studied after a 7-day dietary ingestion of 0.25% and 2.5% Prudhoe Bay crude oil (PBCO) or a 2.5% paraffin mixture with an in vivo luminal perfusion technique. Dietary ingestion of 2.5% PBCO may have an effect on the integrity of the duckling intestine. There were no significant effects of PBCO on the absorption of Na, Cl, K, or H2O compared with control animals. The ducklings fed 2.5% paraffin had a significant depression in Na and H2O absorption compared with controls. However, this depression dose not seem to be related to an effect on intestinal mucosa Na-K-ATPase activity.

  19. Medium-Term Oil Market Report 2012: Market Trends and Projections to 2017

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2012-07-01

    Supply shortfalls – from the Libyan civil war in 2011 and international sanctions on Iran in 2012 to a swathe of unplanned non-OPEC output stoppages – have buffeted the oil market, sending prices near 2008 highs and rekindling debate on the role of speculation in fuelling volatility. There have also been success stories. Growth in North American light, tight oil and non-conventional supply has reached game-changing levels. Iraqi production has scaled new heights, the Libyan production recovery in 2012 defied expectations and Saudi output surged to 30-year highs. On the demand front, the economic recovery has lost momentum. Market share continues to shift from mature to newly industrialised economies, but amid persistent concerns about the health of the former; China, the leading engine of oil demand growth of the last 15 years, is giving signs of slowdown. Those developments have challenged earlier assumptions and significantly changed the oil market outlook for the next five years. The IEA Medium-Term Oil Market Report (MTOMR) – companion to the monthly OMR – draws their implications for the future. It provides detailed projections for oil supply at field level, crude quality trends, demand by product, refined product output and oil investments through 2017. It examines oil price formation, regulatory changes, OPEC dynamics and the future of spare capacity – while also reviewing the contribution of new supplies from deepwater, light tight oil, biofuel and natural gas liquids. It explores how market changes are reshaping the refining industry – and what that means for trade flows. At a time of heightened economic and geopolitical risk, MTOMR is essential reading for anyone interested in oil market dynamics and in understanding the oil market context in which these risks are playing out.

  20. Properties Correlations and Characterization of Athabasca Oil Sands-derived Synthetic Crude Oil

    Institute of Scientific and Technical Information of China (English)

    Wang Jun; Zhao Suoqi; Xu Chunming; Chung Keng H.

    2007-01-01

    Narrow fractions of Athabasca oil sands-derived synthetic crude oil (SCO) from Canada were obtained by distillation at 20 ℃ to 500 ℃ and characterized. The yield and properties, such as density, refractive index, viscosity,freezing point, sulfur and nitrogen content and UOP K-index, were correlated as a function of boiling temperature (Tb).The properties of naphtha fractions, jet fuel and diesel fractions could be predicted accurately with the correlations, which are useful for process design considerations, such as optimizing operating conditions of refinery processing units. The other key properties and characteristics of naphtha fractions, jet fuel, diesel and vacuum gas oil were also determined.

  1. Response of the Polish Wheat Prices to the Worlds Crude Oil Prices

    Directory of Open Access Journals (Sweden)

    HAMULCZUK

    2012-07-01

    Full Text Available Agricultural commodities prices play crucial role both in farmers income determination and in price relationship establishment for the whole economy. Among the factors influencing the wheat prices, crude oil prices are considered as one of the most important. The aim of this paper was to assess the character of linkage between world crude oil prices and Polish wheat prices. Results of the research confirm the existence of such linkage although the nature and the strength of this relationship changes over time. However, the long-run relationships between the crude oil and Polish wheat prices were not proven. Moreover, growing impact of crude oil prices on Polish wheat prices over time was not detected. The results suggest that exchange rates may strongly influence wheat prices. This in turn may weaken response of Polish wheat prices in relation to world crude oil prices.

  2. DID SPECULATIVE ACTIVITIES CONTRIBUTE TO HIGH CRUDE OIL PRICES DURING 1993 TO 2008?

    Institute of Scientific and Technical Information of China (English)

    Xun ZHANG; Kin Keung LAI; Shouyang WANG

    2009-01-01

    By applying two nonlinear Granger causality testing methods and rolling window strategy to explore the relationship between speculative activities and crude oil prices, the unidirectional Granger causality from speculative activities to returns of crude oil prices during the high price phase is discovered. It is proved that speculative activities did contribute to high crude oil prices after the Asian financial crisis and OPEC's output cut in 1998. The unidirectional Granger causality from returns of crude oil prices to speculative activities is significant in general. But after 2000, with the sharp rise in crude oil prices, this unidirectional Granger causality became a complex nonlinear relationship, which cannot be detected by any linear Granger causality test.

  3. Rheological Investigation on the Effect of Shear and Time Dependent Behavior of Waxy Crude Oil

    Directory of Open Access Journals (Sweden)

    Japper-Jaafar A.

    2014-07-01

    Full Text Available Rheological measurements are essential in transporting crude oil, especially for waxy crude oil. Several rheological measurements have been conducted to determine various rheological properties of waxy crude oil including the viscosity, yield strength, wax appearance temperature (WAT, wax disappearance temperature (WDT, storage modulus and loss modulus, amongst others, by using controlled stress rheometers. However, a procedure to determine the correct parameters for rheological measurements is still unavailable in the literature. The paper aims to investigate the effect of shear and time dependent behaviours of waxy crude oil during rheological measurements. It is expected that the preliminary work could lead toward a proper rheological measurement guideline for reliable rheological measurement of waxy crude oil.

  4. Mixed Multifractal Analysis of Crude Oil, Gold and Exchange Rate Series

    Science.gov (United States)

    Dai, Meifeng; Shao, Shuxiang; Gao, Jianyu; Sun, Yu; Su, Weiyi

    2016-11-01

    The multifractal analysis of one time series, e.g. crude oil, gold and exchange rate series, is often referred. In this paper, we apply the classical multifractal and mixed multifractal spectrum to study multifractal properties of crude oil, gold and exchange rate series and their inner relationships. The obtained results show that in general, the fractal dimension of gold and crude oil is larger than that of exchange rate (RMB against the US dollar), reflecting a fact that the price series in gold and crude oil are more heterogeneous. Their mixed multifractal spectra have a drift and the plot is not symmetric, so there is a low level of mixed multifractal between each pair of crude oil, gold and exchange rate series.

  5. Does Climate Change Mitigation Activity Affect Crude Oil Prices? Evidence from Dynamic Panel Model

    Directory of Open Access Journals (Sweden)

    Jude C. Dike

    2014-01-01

    Full Text Available This paper empirically investigates how climate change mitigation affects crude oil prices while using carbon intensity as the indicator for climate change mitigation. The relationship between crude oil prices and carbon intensity is estimated using an Arellano and Bond GMM dynamic panel model. This study undertakes a regional-level analysis because of the geographical similarities among the countries in a region. Regions considered for the study are Africa, Asia and Oceania, Central and South America, the EU, the Middle East, and North America. Results show that there is a positive relationship between crude oil prices and carbon intensity, and a 1% change in carbon intensity is expected to cause about 1.6% change in crude oil prices in the short run and 8.4% change in crude oil prices in the long run while the speed of adjustment is 19%.

  6. Biological evaluation of crude and degummed oil from Moringa oleifera seeds

    Directory of Open Access Journals (Sweden)

    Graziela de Fátima Andrade

    2011-10-01

    Full Text Available The aim of this work was to evaluate the oil extracted from Moringa oleifera (fam. Moringaceae seeds from the nutritional standpoint. Nutritional evaluation of crude or degummed moringa oil or soybean oil (as a control involved the determination of the Food Efficiency (FE in male Fisher rats and the fatty acid composition of the moringa oil. Hepatic and renal functions were assessed by measuring serum transaminases activity and urea and creatinine concentrations, respectively. Serum cholesterol and triglycerides, alkaline phosphatase, total proteins and albumine were also measured. Results showed that FE was slightly increased by the crude moringa oil while no differences were found between the soybean and degummed moringa oil regarding this parameter. Renal or hepatic injures as well as major alterations in serum proteins were not induced by the tested oils. These results suggested that degummed M. oleifera oil possessed adequate biological quality as compared to the crude oil.

  7. Effects of weathering on the dispersion of crude oil through oil-mineral aggregation.

    Science.gov (United States)

    Gustitus, Sarah A; John, Gerald F; Clement, T Prabhakar

    2017-02-08

    Crude oil that is inadvertently spilled in the marine environment can interact with suspended sediment to form oil-mineral aggregates (OMA). Researchers have identified OMA formation as a natural method of oil dispersion, and have sought ways to enhance this process for oil spill remediation. Currently there is a lack of understanding of how the weathering of oil will affect the formation of OMA due to a lack of published data on this relationship. Based on literature, we identified two conflicting hypotheses: OMA formation 1) increases with weathering as a result of increased asphaltene and polar compound content; or 2) decreases with weathering as a result of increased viscosity. While it is indeed true that the viscosity and the relative amount of polar compounds will increase with weathering, their net effects on OMA formation is unclear. Controlled laboratory experiments were carried out to systematically test these two conflicting hypotheses. Experimental results using light, intermediate, and heavy crude oils, each at five weathering stages, show a decrease in OMA formation as oil weathers.

  8. Co-processing of olive bagasse with crude rapeseed oil via pyrolysis.

    Science.gov (United States)

    Uçar, Suat; Karagöz, Selhan

    2017-05-01

    The co-pyrolysis of olive bagasse with crude rapeseed oil at different blend ratios was investigated at 500ºC in a fixed bed reactor. The effect of olive bagasse to crude rapeseed oil ratio on the product distributions and properties of the pyrolysis products were comparatively investigated. The addition of crude rapeseed oil into olive bagasse in the co-pyrolysis led to formation of upgraded biofuels in terms of liquid yields and properties. While the pyrolysis of olive bagasse produced a liquid yield of 52.5 wt %, the highest liquid yield of 73.5 wt % was obtained from the co-pyrolysis of olive bagasse with crude rapeseed oil at a blend ratio of 1:4. The bio-oil derived from olive bagasse contained 5% naphtha, 10% heavy naphtha, 30% gas oil, and 55% heavy gas oil. In the case of bio-oil obtained from the co-pyrolysis of olive bagasse with crude rapeseed oil at a blend ratio of 1:4, the light naphtha, heavy naphtha, and light gas oil content increased. This is an indication of the improved characteristics of the bio-oil obtained from the co-processing. The heating value of bio-oil from the pyrolysis of olive bagasse alone was 34.6 MJ kg(-1) and the heating values of bio-oils obtained from the co-pyrolysis of olive bagasse with crude rapeseed oil ranged from 37.6 to 41.6 MJ kg(-1). It was demonstrated that the co-processing of waste biomass with crude plant oil is a good alternative to improve bio-oil yields and properties.

  9. Colombian (Titiribi) coal liquefaction and its co-processing with Venezuelan (Morichal) crude oil

    Energy Technology Data Exchange (ETDEWEB)

    Yoshida, R.; Ishiguro, H.; Maekawa, Y.; Mondragon, F. (Government Industrial Development Laboratory, Hokkaido (Japan))

    1989-10-01

    The reactivity in the liquefaction of Titiribi coal from Colombia was studied without a vehicle oil and with Morichal crude oil from Venezuela and anthracene oil derived from coal as a vehicle oil in a batch autoclave in order to obtain fundamental data on the liquefaction and co-processing characteristics. 9 refs., 4 figs., 1 tab.

  10. Effect of active species in crude oil on the interfacial tension behavior of alkali/synthetic surfactants/crude oil systems

    Institute of Scientific and Technical Information of China (English)

    Liu Liwei; Hou Jirui; Yue Xiang'an; Zhao Ji

    2008-01-01

    The effect of active species present in crude oil on the interfacial tension (IFT) behavior of alkali/synthetic surfactants/crude oil systems was studied. The system consisted of heavy alkyl benzene sulfonate, sodium chloride, sodium hydrate and Daqing crude oil. Experimental results indicated that active species would diffuse from oil/aqueous interface to aqueous phase and finally an equilibrium could be reached in the system with increasing contact time. Moreover, the minimum IFT and equilibrium IFT values increased with increasing contact time and a linear relationship existed between dynamic IFT and t-1/2 when IFT value approaching the minimum and after the minimum IFT was reached. This indicated that the dynamic IFT-time behavior was diffusion controlled. The oil and aqueous phases were analyzed by infrared (IR) spectroscopy. IR spectra of oil and aqueous phases illustrated that the content of active species in the oil phase decreased, but the content of active species in the aqueous phase increased after alkali reacted with crude oil. This indicated that the active species present in oil played an important role in reducing IFT.

  11. Influence of incipient chain dimension of EVA flow improver on the rheological behaviour of crude oil

    Energy Technology Data Exchange (ETDEWEB)

    Qian, J.W.; Qi, G.R.; Han, D.L.; Yang, S.L. [Zhejiang University, Hangzhou (China). Dept. of Polymer Science and Engineering

    1996-01-01

    The rheological behaviour of Daqing crude oil with different incipient chain dimensions of the same ethylene-vinyl acetate copolymer, prepared with different solvents, solution concentrations and temperatures was studied. It was shown that the EVA flow improver with a compact incipient shape before addition to the oil is preferable for reduction of apparent viscosity, pour point and wax crystallization temperature of crude oil. The compact dimension effect is probably due to strongly selective action in the flow of crude oil. 10 refs., 4 figs., 1 tab.

  12. Effect of Bombay high crude oil and its water-soluble fraction on growth and metabolism of diatom Thalassiosira sp.

    Digital Repository Service at National Institute of Oceanography (India)

    Parab, S.R.; Pandit, R.A.; Kadam, A.N.; Indap, M.M.

    Effect of Bombay high crude oil (BHC) and its water-soluble fraction (WSF) on growth and metabolism of the phytoplankton, Thalassiosira sp. was assessed. The study revealed the signs of acute toxicity at higher concentrations of crude oil (0...

  13. Optimization of squalene produced from crude palm oil waste

    Science.gov (United States)

    Wandira, Irda; Legowo, Evita H.; Widiputri, Diah I.

    2017-01-01

    Squalene is a hydrocarbon originally and still mostly extracted from shark liver oil. Due to environmental issues over shark hunting, there have been efforts to extract squalene from alternative sources, such as Palm Fatty Acid Distillate (PFAD), one of crude palm oil (CPO) wastes. Previous researches have shown that squalene can be extracted from PFAD using saponification process followed with liquid-liquid extraction process although the method had yet to be optimized in order to optimize the amount of squalene extracted from PFAD. The optimization was done by optimizing both processes of squalene extraction method: saponification and liquid-liquid extraction. The factors utilized in the saponification process optimization were KOH concentration and saponification duration while during the liquid-liquid extraction (LLE) process optimization, the factors used were the volumes of distilled water and dichloromethane. The optimum percentage of squalene content in the extract (24.08%) was achieved by saponifying the PFAD with 50%w/v KOH for 60 minutes and subjecting the saponified PFAD to LLE, utilizing 100 ml of distilled water along with 3 times addition of fresh dichloromethane, 75 ml each; those factors would be utilized in the optimum squalene extraction method.

  14. Acute toxicities of crude oils and oil-dispersant mixtures to Red sea fishes and invertebrates

    Energy Technology Data Exchange (ETDEWEB)

    Eisler, R.

    1975-11-01

    Crude oil from fields in the Persian Gulf and in the Sinai plus a chemical oil dispersant were tested, using static bioassay procedures, for toxicity to adults or juveniles of ten marine species: Heteroxenia fuscescens, a soft coral; Nerita forskali and Drupa granulata, gastropod molluscs; Mytilus variabilis, a mussel; Acanthopleura haddoni, a chiton (mollusc); Echinometra mathaei, sea urchin; Calcinus latens, a hermit crab; Palaemon pacificus, a shrimp; Parupeneus barberinus, goatfish; and Siganus rivulatus, rabbitfish. Concentrations fatal to 50 percent of individual test species in 168 hours, LC-50 (168 h), ranged from 0.74 to more than 30.0 ml/liter for Persian Gulf crude, from 14.5 to more than 30.0 ml/liter for Sinai crude, and from 0.006 to 0.064 ml/liter for the dispersant. In general, fishes and crustaceans were the most sensitive groups assayed and molluscs the most resistant. LC-50 (168 h) values for oil-dispersant mixtures of 10 parts oil to 1 part dispersant (v/v) for selected species ranged from 0.047 to 0.152 ml/liter which appears to reflect the biocidal properties of the dispersant. Some individuals that survived immersion in high concentrations of the test compounds for 168 h were adversely affected during treatment and afterwards.

  15. Crude Oil Model Emulsion Characterised by means of Near Infrared Spectroscopy and Multivariate Techniques

    DEFF Research Database (Denmark)

    Kallevik, H.; Hansen, Susanne Brunsgaard; Sæther, Ø.

    2000-01-01

    Water-in-oil emulsions are investigated by means of multivariate analysis of near infrared (NIR) spectroscopic profiles in the range 1100 - 2250 nm. The oil phase is a paraffin-diluted crude oil from the Norwegian Continental Shelf. The influence of water absorption and light scattering of the wa......Water-in-oil emulsions are investigated by means of multivariate analysis of near infrared (NIR) spectroscopic profiles in the range 1100 - 2250 nm. The oil phase is a paraffin-diluted crude oil from the Norwegian Continental Shelf. The influence of water absorption and light scattering...

  16. Eastern Canadian crude oil supply and its implications for regional energy security

    Energy Technology Data Exchange (ETDEWEB)

    Hughes, Larry [Energy Research Group, Electrical and Computer Engineering, Dalhousie University, Halifax, Nova Scotia (Canada)

    2010-06-15

    Canada has been blessed with immense energy resources; however, their distribution is not uniform. One such example is crude oil, which is found primarily in western Canada. Eastern Canada, consisting of the six eastern-most provinces (Newfoundland and Labrador, New Brunswick, Nova Scotia, Ontario, Prince Edward Island, and Quebec), produce limited quantities of crude oil, most of which is exported to the United States. Ideally, western Canadian crude oil would meet the demands of eastern Canada; however, the North American Free Trade Agreement (NAFTA) and the absence of oil pipelines means that eastern Canada increasingly relies on supplies of crude oil from a small number of oil exporting countries, many with declining production. This paper examines crude oil production, supply, and its refining in eastern Canada. It shows that crude production in the region has reached its peak and that increasing global competition for crude oil will affect energy security in eastern Canada, either through price increases or supply shortages, or both. (author)

  17. Microbial enhanced heavy crude oil recovery through biodegradation using bacterial isolates from an Omani oil field.

    Science.gov (United States)

    Al-Sayegh, Abdullah; Al-Wahaibi, Yahya; Al-Bahry, Saif; Elshafie, Abdulkadir; Al-Bemani, Ali; Joshi, Sanket

    2015-09-16

    Biodegradation is a cheap and environmentally friendly process that could breakdown and utilizes heavy crude oil (HCO) resources. Numerous bacteria are able to grow using hydrocarbons as a carbon source; however, bacteria that are able to grow using HCO hydrocarbons are limited. In this study, HCO degrading bacteria were isolated from an Omani heavy crude oil field. They were then identified and assessed for their biodegradation and biotransformation abilities under aerobic and anaerobic conditions. Bacteria were grown in five different minimum salts media. The isolates were identified by MALDI biotyper and 16S rRNA sequencing. The nucleotide sequences were submitted to GenBank (NCBI) database. The bacteria were identified as Bacillus subtilis and B. licheniformis. To assess microbial growth and biodegradation of HCO by well-assay on agar plates, samples were collected at different intervals. The HCO biodegradation and biotransformation were determined using GC-FID, which showed direct correlation of microbial growth with an increased biotransformation of light hydrocarbons (C12 and C14). Among the isolates, B. licheniformis AS5 was the most efficient isolate in biodegradation and biotransformation of the HCO. Therefore, isolate AS5 was used for heavy crude oil recovery experiments, in core flooding experiments using Berea core plugs, where an additional 16 % of oil initially in place was recovered. This is the first report from Oman for bacteria isolated from an oil field that were able to degrade and transform HCO to lighter components, illustrating the potential use in HCO recovery. The data suggested that biodegradation and biotransformation processes may lead to additional oil recovery from heavy oil fields, if bacteria are grown in suitable medium under optimum growth conditions.

  18. Process for desalting and dehydration of crude oil including hot water washing and gas stripping

    Energy Technology Data Exchange (ETDEWEB)

    Popp, V.V.; Suditu, I.; Neagu, P.; Fotescu, L.; Mihalache, I.; Tirboiu, D.

    1979-12-25

    Process and apparatus for the desalting and dehydration of crude oil is described, in which the crude oil is washed in one or several stages using fresh or recirculated hot water containing a demulsifier. The crude oil is also passed through a coalescence stage, and a settling stage aimed at obtaining a salt content to meet crude oil specifications. Subsequently the crude oil is led into a lower stripping compartment of a column, in which dehydration is carried out to the desired level by using fuel or combustion gas. The stripping temperature is reached by heating the crude or the gas or both. The gas-vapor mixture is cooled in the upper compartment of the column by a cooling fluid such as the untreated crude oil or recirculated or fresh water, depending upon the nature and salt content of the crude. The cooled gas is recirculated within the column or led to a pipeline for consumption, while the cooling fluid, in the case of water, is recirculated in the unit.

  19. Draft Genome Sequence of Pseudomonas aeruginosa Strain N002, Isolated from Crude Oil-Contaminated Soil from Geleky, Assam, India

    Science.gov (United States)

    Roy, Abhjit Sarma; Baruah, Reshita; Gogoi, Dhrubajyoti; Borah, Maina

    2013-01-01

    Here, we report the draft genome sequence of crude oil-degrading Pseudomonas aeruginosa strain N002, isolated from a crude oil-polluted soil sample from Geleky, Assam, India. Multiple genes potentially involved in crude oil degradation were identified. PMID:23405324

  20. Research on the Volatility Spillover Effects between Domestic and International Crude Oil Markets Based on the Extended DCC-MGARCH Model%我国原油价格与外国原油价格的波动溢出效应——基于DCC-MGARCH模型分析

    Institute of Scientific and Technical Information of China (English)

    王雪标; 周维利; 范庆珍

    2012-01-01

    In this paper, we apply the four-dimensional (E)DCC-MGARCH(1,1) model to analyze the volatility spillover effects between the four crude oil markets, Brent, WTI, Dubai and Daq (China). The results show that there exist significant volatility spillover effects of Brent and WTI on Daq crude oil market and that the volatility spillover effect of WTI on Daq is stronger than the volatility spillover effect of WTI on Daq. The volatilities of WTI and Daq are temporary and the volatility of Brent is persistent. The study also shows that there exist significant volatility spillover effects of Daq on Dubai.%本文利用扩展的4维(E)DCC-MGARCH(1,1)模型,分析了四个原油市场(Brent、WTI、Dubai、China)之间的相互波动溢出效应。研究表明,Brent、WTI原油市场对我国市场均有显著的单向波动溢出效应,WTI原油市场比Brent原油市场对我国原油市场的波动溢出效应更明显。我国和美国原油市场波动都是暂时的,而Brent原油市场波动性是持久的。我国原油市场对Dubai原油市场有单向的波动溢出效应。结果还显示,Brent与WTI原油市场有双向波动溢出效应,Brent的波动溢出效应小于WTI波动溢出效应。

  1. Multifractal cross-correlations between crude oil and tanker freight rate

    Science.gov (United States)

    Chen, Feier; Miao, Yuqi; Tian, Kang; Ding, Xiaoxu; Li, Tingyi

    2017-05-01

    Analysis of crude oil price and tanker freight rate volatility attract more attention as the mechanism is not only the basis of industrialization but also a vital role in economics, especially after the year 2008 when financial crisis notably blew the maritime transportation. In this paper, we studied the cross-correlations between the West Texas International crude oil (WTI) and Baltic Exchange Dirty Tanker Index (BDTI) employing the Multifractal Detrended Cross-Correlation Analysis (MF-DCCA). Empirical results show that the degree of short-term cross-correlation is higher than that in the long term and that the strength of multifractality after financial crisis is larger than that before. Moreover, the components of multifractal spectrum are quantified with the finite-size effect taken into consideration and an improved method in terms of constructing the surrogated time series provided. Numerical results show that the multifractality is generated mostly from the nonlinear and the fat-tailed probability distribution (PDF) part. Also, it is apparent that the PDF part changes a lot after the financial crisis. The research is contributory to risk management by providing various instructions for participants in shipping markets. Our main contribution is that we investigated both the multifractal features and the origin of multifractality and provided confirming evidence of multifractality through numerical results while applying quantitative analysis based on MF-DCCA; furthermore, the research is contributory to risk management since it provides instructions in both economic market and stock market simultaneously. However, constructing the surrogated series in order to obtain consistence seems less convincing which requires further discussion and attempts.

  2. Medium-Term Oil Market Report 2006

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2006-07-01

    How much oil will the world consume in 2011? What role will OPEC play in global oil production? Will biofuels become an important part of the oil market? The International Energy Agencys (IEA) Medium-Term Oil Market Report tackles these questions, adopting a perspective that goes beyond the traditional short-term market analysis provided in the IEAs monthly Oil Market Report. Drawing on current futures curves and the investment threshold for upstream projects, the Medium-Term Oil Market Report analyses how global demand and supply balances may develop in the next five years. The forecasts look in detail at product demand and the supply potential from all the firmly planned individual upstream and downstream projects around the world. The results provide invaluable insights on vital issues such as surplus production capacity and product supply. The rapid pace of change in the oil market means that forecasts can become outdated very quickly. This interim update provides the opportunity to rebase the data and forecasts in the annual Medium-Term Oil Market Report and to discuss and analyse new issues affecting the oil industry. Policymakers, market analysts, energy experts and anyone interested in understanding and following trends in the oil market should find this report extremely useful.

  3. Inhibition of Acetoclastic Methanogenesis in Crude Oil- and Creosote-Contaminated Groundwater

    Science.gov (United States)

    Warren, E.; Bekins, B.A.; Godsy, E.M.; Smith, V.K.

    2003-01-01

    The inhibition of acetoclastic methanogenesis in crude oil- and creosote-contaminated groundwater was studied. The crude oil and water-soluble components of creosote contributed to the inhibition of acetoclastic methanogens. Acetoclastic methanogenesis was much more susceptible to the toxic inhibition of crude oil and creosote than either hydrogen- or formate-utilizing methanogenesis. The effect of this toxic inhibition was apparent in the population of the methanogenic trophic groups near nonaqueous crude oil at the Bemidji, MN, site. At a crude oil-contaminated site, numbers of acetoclastic methanogens found close to crude oil were 100 times fewer than those of hydrogen- and formate-utilizing methanogens. In laboratory toxicity assays, crude oil collected from the site inhibited methane production from acetate but not from formate or hydrogen. Toxicity assays with aqueous creosote extract completely inhibited acetate utilization over the range of tested dilutions but only mildly affected formate and hydrogen utilization. Wastewater reactor studies indicated that this toxicity would result in a decrease in the biodegradation rate of contaminants at sites where toxic compounds are present.

  4. Oil Shock Transmission to Stock Market Returns: Wavelet Multivariate Markov Switching GARCH Approach

    OpenAIRE

    Rania Jammazi

    2014-01-01

    In recent years our understanding of the nature of crude oil price shocks and their effects on the stock market returns has evolved noticeably. Evidence on spillover effects between several kinds of markets has widely been discussed around the globe whe

  5. Energetic dependency on the oil reserve- resources of crude oil in the world

    Directory of Open Access Journals (Sweden)

    Marína Sidorová

    2006-10-01

    Full Text Available Crude oil belongs to the most important energy resources nowadays., However its reserves are the smallest in comparison with other energy resources as coal, gas or uranium. The world oil consumption continuously increases and within 20-year period there could be about one third. So, the consumption of combustibles will probably increase and the reserves will decrease. Promising are new resources or a better utilization of primary sources. It´s a question of a short time when world scientists should think about this indisputably worldwide problem and would provide an equivalent substitution with an available ecological solution.

  6. Factors Affecting the Stability of Crude and Transmission Oil Emulsion Swith Surfactant Solutions

    Directory of Open Access Journals (Sweden)

    Erich Martínez Martín

    2016-04-01

    Full Text Available Crude oil emulsions with surfactant solutions are used to transport this for piping systems. The applicationof this technique requires that the emulsions remain stable during the pumping period and haveseparated after transporting the crude. In this paper, experimental assays were performed using differentconcentrations of surfactant, and mixing types settling conditions. They were employed as the continuousphase two substances: oil transmission and Cuban crude oil. The strong infl uence of the concentrationand type of mixing on the stability of the emulsions was observed. The results demonstrate the similaritiesin thermalhydraulic fl uid parameters objects of study. Allowing infer the approximate behavior of theCuban crude oil from experimental work with transmission oil.

  7. Measuring salinity in crude oils: Evaluation of methods and an improved procedure

    Energy Technology Data Exchange (ETDEWEB)

    Montserrat Fortuny; Elisangela B. Silva; Agnaldo C. Filho; Rosana L.F.V. Melo; Marcio Nele; Raquel C.C. Coutinho; Alexandre F. Santos [Programa de Engenharia de Processos/Universidade Tiradentes, Aracaju (Brazil)

    2008-06-15

    In this work, a novel procedure is developed to determine the amount of salt for crude oils in which the available laboratory techniques are unable to provide accurate salt content values. The technique is based on measuring the salinity of the wash water that is vigorously mixed with the crude oil (forming an emulsion) and then separating it from the water-in-oil emulsion by irradiating microwave energy during few minutes. This three step process involves the emulsification of the wash water exempt of salt in crude oil, followed by the recovery of the water by microwave heating and, finally, the analysis of the salt content using the classical Mohr's method titration procedure. The novel technique presented here was able to provide reliable information about the salt content on Brazilian crude oils, in a rapid manner, without need of unsafe time-consuming solvent extraction procedures. 29 refs., 1 fig., 5 tabs.

  8. The geochemical characteristics and origin of crude oils in the Kekeya Oilfield, Xinjiang, China

    Institute of Scientific and Technical Information of China (English)

    TANG Youjun; ZAN Ling; HOU Dujie; XIAO Zhongyao

    2008-01-01

    GC/MS and GC/MS/MS techniques were employed to describe the characteristics of biomarker assemblages in two sets of hydrocarbon source rocks, Jurassic and Permian, in southwestern Tarim, and the parameters for the classification of the two sets of hydrocarbon source rocks have been established. It is found that diahopane and C30-unknown terpane are abundant in Permian samples, the contents of diahopane in Jurassic samples are relatively low, and terpenoids have been detected in Jurassic samples but not in Permian source rock samples. Kekeya crude oils are abundant in diahopane and C30-unknown terpane. The results of fine oil-rock correlation indicated that Kekeya crude oils were derived mainly from the Permian hydrocarbon source rocks. However, a small amount of diterpenoid was detected in the crude oils, indicating that the Jurassic hydrocarbon source rocks also made a certain contribution to Kekeya crude oils.

  9. Comprehensive analysis of lipid composition in crude palm oil using multiple lipidomic approaches.

    Science.gov (United States)

    Cheong, Wei Fun; Wenk, Markus R; Shui, Guanghou

    2014-05-20

    Palm oil is currently the leading edible oil consumed worldwide. Triacylglycerol (TAG) and diacylglycerol (DAG) are the dominant lipid classes in palm oil. Other lipid classes present in crude palm oil, such as phospholipids and galactolipids, are very low in abundance. These low-abundance lipids constitute key intermediates in lipid biosynthesis. In this study, we applied multiple lipidomic approaches, including high-sensitivity and high-specificity multiple reaction monitoring, to comprehensively quantify individual lipid species in crude palm oil. We also established a new liquid chromatography-coupled mass spectrometry method that allows direct quantification of low-abundance galactolipids in palm oil without the need for sample pretreatment. As crude palm oil contains large amounts of neutral lipids, our direct-detection method circumvents many of the challenges encountered with conventional lipid quantification methods. This approach allows direct measurement of lipids with no hassle during sample preparation and is more accurate and precise compared with other methods.

  10. Supplying Synthetic Crude Oil from Canadian Oil Sands: A Comparative Study of the Costs and CO2 Emissions of Mining and In-Situ Recovery

    OpenAIRE

    M?jean, A.; Hope, Chris

    2010-01-01

    High crude oil prices and the eventual decline of conventional oil production raise the issue of alternative fuels such as non-conventional oil. The paper describes a simple probabilistic model of the costs of synthetic crude oil (SCO) produced from Canadian oil sands. Synthetic crude oil is obtained by upgrading bitumen that is first produced through mining or in-situ recovery techniques. This forward-looking analysis quantifies the effects of learning and production constraints on the costs...

  11. The Effect of the Operating Conditions on the Apparent Viscosity of Crude Palm Oil During Oil Clarification

    Directory of Open Access Journals (Sweden)

    Sulaiman Al-Zuhair, Mirghani I. Ahmed and Yousif A. Abakr

    2012-10-01

    Full Text Available This paper discusses the apparent viscosity of crude palm oil, using rotary viscometer, under different boundary conditions. It was experimentally shown that the apparent viscosity of palm oil drops with increasing of the shear rate and the temperature.  However, the effect of temperature on the viscosity tends to fade at temperatures beyond 80 oC.  A correlation between the apparent viscosity of crude palm oil and the operating conditions was developed. This correlation can be used in design of crude palm oil settlers and in determining the optimum operating conditions.Key Words:  Crude palm oil, apparent viscosity, shear rate, modelling, separation 

  12. Measuring risk of crude oil at extreme quantiles

    Directory of Open Access Journals (Sweden)

    Saša Žiković

    2011-06-01

    Full Text Available The purpose of this paper is to investigate the performance of VaR models at measuring risk for WTI oil one-month futures returns. Risk models, ranging from industry standards such as RiskMetrics and historical simulation to conditional extreme value model, are used to calculate commodity market risk at extreme quantiles: 0.95, 0.99, 0.995 and 0.999 for both long and short trading positions. Our results show that out of the tested fat tailed distributions, generalised Pareto distribution provides the best fit to both tails of oil returns although tails differ significantly, with the right tail having a higher tail index, indicative of more extreme events. The main conclusion is that, in the analysed period, only extreme value theory based models provide a reasonable degree of safety while widespread VaR models do not provide adequate risk coverage and their performance is especially weak for short position in oil.

  13. Literature Survey of Crude Oil Properties Relevant to Handling and Fire Safety in Transport.

    Energy Technology Data Exchange (ETDEWEB)

    Lord, David [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Luketa, Anay [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Wocken, Chad [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Schlasner, Steve [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Aulich, Ted [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Allen, Ray [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Rudeen, David Keith [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States)

    2015-03-01

    Several fiery rail accidents in 2013-2015 in the U.S. and Canada carrying crude oil produced from the Bakken region of North Dakota have raised questions at many levels on the safety of transporting this, and other types of crude oil, by rail. Sandia National Laboratories was commissioned by the U.S. Department of Energy to investigate the material properties of crude oils, and in particular the so-called "tight oils" like Bakken that comprise the majority of crude oil rail shipments in the U.S. at the current time. The current report is a literature survey of public sources of information on crude oil properties that have some bearing on the likelihood or severity of combustion events that may occur around spills associated with rail transport. The report also contains background information including a review of the notional "tight oil" field operating environment, as well a basic description of crude oils and potential combustion events in rail transport. This page intentionally blank

  14. Effect of Alkali on Daqing Crude Oil/Water Interfacial Properties

    Institute of Scientific and Technical Information of China (English)

    Guo Jixiang; Li Mingyuan; Lin Meiqin; Wu Zhaoliang

    2007-01-01

    Alkaline-surfactant-polymer (ASP) flooding using sodium hydroxide as the alkali component to enhance oil recovery in Daqing Oilfield,northeast China has been successful,but there are new problems in the treatment of produced crude. The alkali added forms stable water-in-crude oil emulsion,hence de-emulsification process is necessary to separate oil and water. The problems in enhanced oil recovery with ASP flooding were investigated in laboratory by using fractions of Daqing crude oil. The oil was separated into aliphatics,aromatics,resin and asphaltene fractions. These fractions were then mixed with an additive-free jet fuel to form model oils. The interfacial properties,such as interfacial tension and interfacial pressure of the systems were also measured,which together with the molecular parameters of the fractions were all used to investigate the problems in the enhanced oil recovery. In our work,it was found that sodium hydroxide solution reacts with the acidic hydrogen in the fractions of crude oil and forms soap-like interfacially active components,which accumulate at the crude oil-water interface.

  15. Kinetic modeling and half life study on bioremediation of crude oil dispersed by Corexit 9500

    Energy Technology Data Exchange (ETDEWEB)

    Zahed, Mohammad Ali [School of Civil Engineering, Universiti Sains Malaysia, Engineering Campus, 14300 Nibong Tebal, Penang (Malaysia); Aziz, Hamidi Abdul, E-mail: cehamidi@eng.usm.my [School of Civil Engineering, Universiti Sains Malaysia, Engineering Campus, 14300 Nibong Tebal, Penang (Malaysia); Isa, Mohamed Hasnain [Civil Engineering Department, Universiti Teknologi PETRONAS, 31750 Tronoh, Perak (Malaysia); Mohajeri, Leila; Mohajeri, Soraya [School of Civil Engineering, Universiti Sains Malaysia, Engineering Campus, 14300 Nibong Tebal, Penang (Malaysia); Kutty, Shamsul Rahman Mohamed [Civil Engineering Department, Universiti Teknologi PETRONAS, 31750 Tronoh, Perak (Malaysia)

    2011-01-30

    Hydrocarbon pollution in marine ecosystems occurs mainly by accidental oil spills, deliberate discharge of ballast waters from oil tankers and bilge waste discharges; causing site pollution and serious adverse effects on aquatic environments as well as human health. A large number of petroleum hydrocarbons are biodegradable, thus bioremediation has become an important method for the restoration of oil polluted areas. In this research, a series of natural attenuation, crude oil (CO) and dispersed crude oil (DCO) bioremediation experiments of artificially crude oil contaminated seawater was carried out. Bacterial consortiums were identified as Acinetobacter, Alcaligenes, Bacillus, Pseudomonas and Vibrio. First order kinetics described the biodegradation of crude oil. Under abiotic conditions, oil removal was 19.9% while a maximum of 31.8% total petroleum hydrocarbons (TPH) removal was obtained in natural attenuation experiment. All DCO bioreactors demonstrated higher and faster removal than CO bioreactors. Half life times were 28, 32, 38 and 58 days for DCO and 31, 40, 50 and 75 days for CO with oil concentrations of 100, 500, 1000 and 2000 mg/L, respectively. The effectiveness of Corexit 9500 dispersant was monitored in the 45 day study; the results indicated that it improved the crude oil biodegradation rate.

  16. Distribution and Recovery of Crude Oil in Various Types of Porous Media and Heterogeneity Configurations

    Science.gov (United States)

    Tick, G. R.; Ghosh, J.; Greenberg, R. R.; Akyol, N. H.

    2015-12-01

    A series of pore-scale experiments were conducted to understand the interfacial processes contributing to the removal of crude oil from various porous media during surfactant-induced remediation. Effects of physical heterogeneity (i.e. media uniformity) and carbonate soil content on oil recovery and distribution were evaluated through pore scale quantification techniques. Additionally, experiments were conducted to evaluate impacts of tetrachloroethene (PCE) content on crude oil distribution and recovery under these same conditions. Synchrotron X-ray microtomography (SXM) was used to obtain high-resolution images of the two-fluid-phase oil/water system, and quantify temporal changes in oil blob distribution, blob morphology, and blob surface area before and after sequential surfactant flooding events. The reduction of interfacial tension in conjunction with the sufficient increase in viscous forces as a result of surfactant flushing was likely responsible for mobilization and recovery of lighter fractions of crude oil. Corresponding increases in viscous forces were insufficient to initiate and maintain the displacement of the heavy crude oil in more homogeneous porous media systems during surfactant flushing. Interestingly, higher relative recoveries of heavy oil fractions were observed within more heterogeneous porous media indicating that wettability may be responsible for controlling mobilization in these systems. Compared to the "pure" crude oil experiments, preliminary results show that crude oil with PCE produced variability in oil distribution and recovery before and after each surfactant-flooding event. Such effects were likely influenced by viscosity and interfacial tension modifications associated with the crude-oil/solvent mixed systems.

  17. Exxon Valdez to Deepwater Horizon: comparable toxicity of both crude oils to fish early life stages.

    Science.gov (United States)

    Incardona, John P; Swarts, Tanya L; Edmunds, Richard C; Linbo, Tiffany L; Aquilina-Beck, Allisan; Sloan, Catherine A; Gardner, Luke D; Block, Barbara A; Scholz, Nathaniel L

    2013-10-15

    The 2010 Deepwater Horizon disaster in the Gulf of Mexico was the largest oil spill in United States history. Crude oils are highly toxic to developing fish embryos, and many pelagic fish species were spawning in the northern Gulf in the months before containment of the damaged Mississippi Canyon 252 (MC252) wellhead (April-July). The largest prior U.S. spill was the 1989 grounding of the Exxon Valdez that released 11 million gallons of Alaska North Slope crude oil (ANSCO) into Prince William Sound. Numerous studies in the aftermath of the Exxon Valdez spill defined a conventional crude oil injury phenotype in fish early life stages, mediated primarily by toxicity to the developing heart. To determine whether this type of injury extends to fishes exposed to crude oil from the Deepwater Horizon - MC252 incident, we used zebrafish to compare the embryotoxicity of ANSCO alongside unweathered and weathered MC252 oil. We also developed a standardized protocol for generating dispersed oil water-accommodated fractions containing microdroplets of crude oil in the size range of those detected in subsurface plumes in the Gulf. We show here that MC252 oil and ANSCO cause similar cardiotoxicity and photo-induced toxicity in zebrafish embryos. Morphological defects and patterns of cytochrome P450 induction were largely indistinguishable and generally correlated with polycyclic aromatic compound (PAC) composition of each oil type. Analyses of embryos exposed during different developmental windows provided additional insight into mechanisms of crude oil cardiotoxicity. These findings indicate that the impacts of MC252 crude oil on fish embryos and larvae are consistent with the canonical ANSCO cardiac injury phenotype. For those marine fish species that spawned in the northern Gulf of Mexico during and after the Deepwater Horizon incident, the established literature can therefore inform the assessment of natural resource injury in the form of potential year-class losses.

  18. Retail Market of Oil Products Reshuffled Soon

    Institute of Scientific and Technical Information of China (English)

    2005-01-01

    @@ According to its commitments to the World Trade Organization, the Chinese government opened up China's oil products retail market fully on December 11, 2004. Centering on this important transition, a market pattern of multi-major-body will be appeared.

  19. Modelling demand for crude oil products in Spain

    Energy Technology Data Exchange (ETDEWEB)

    Pedregal, D.J. [Escuela Tecnica Superior de Ingenieros Industriales and Instituto de Matematica Aplicada a la Ciencia y la Ingenieria (IMACI), Universidad de Castilla-La Mancha (UCLM), Avenida Camilo Jose Cela s/n, 13071 Ciudad Real (Spain); Dejuan, O.; Gomez, N.; Tobarra, M.A. [Facultad de Ciencias Economicas y Empresariales, Universidad de Castilla-La Mancha (UCLM) (Spain)

    2009-11-15

    This paper develops an econometric model for the five most important crude oil products demand in Spain. The aim is the estimation of a range of elasticities of such demands that would serve as the basis for an applied general equilibrium model used for forecasting energy demand in a broader framework. The main distinctive features of the system with respect to previous literature are (1) it takes advantage of monthly information coming from very different information sources and (2) multivariate unobserved components (UC) models are implemented allowing for a separate analysis of long- and short-run relations. UC models decompose time series into a number of unobserved though economic meaningful components mainly trend, seasonal and irregular. A module is added to such structure to take into account the influence of exogenous variables necessary to compute price, cross and income elasticities. Since all models implemented are multivariate in nature, the demand components are allowed to interact among them through the system noises (similar to a seemingly unrelated equations model). The results show unambiguously that the main factor driving demand is real income with prices having little impact on energy consumption. (author)

  20. Trace metals in heavy crude oils and tar sand bitumens

    Energy Technology Data Exchange (ETDEWEB)

    Reynolds, J.G.

    1990-11-28

    Fe, Ni, and V are considered trace impurities in heavy crude oils and tar sand bitumens. In order to understand the importance of these metals, we have examined several properties: (1) bulk metals levels, (2) distribution in separated fractions, (3) size behavior in feeds and during processing, (4) speciation as a function of size, and (5) correlations with rheological properties. Some of the results of these studies show: (1) V and Ni have roughly bimodal size distributions, (2) groupings were seen based on location, size distribution, and Ni/V ratio of the sample, (3) Fe profiles are distinctively different, having a unimodal distribution with a maximum at relatively large molecular size, (4) Fe concentrations in the tar sand bitumens suggest possible fines solubilization in some cases, (5) SARA separated fractions show possible correlations of metals with asphaltene properties suggesting secondary and tertiary structure interactions, and (6) ICP-MS examination for soluble ultra-trace metal impurities show the possibility of unexpected elements such as U, Th, Mo, and others at concentrations in the ppB to ppM range. 39 refs., 13 figs., 5 tabs.

  1. Thermodynamic Properties for the Simulation of Crude Oil Primary Refining

    Directory of Open Access Journals (Sweden)

    Juan Pablo Gutierrez

    2014-04-01

    Full Text Available Commonly, the use of simulators in the industry is performed without having a proper theoretical support. Sometimes this situation is a consequence of both, lack of time and the dairy dynamism required in the refinery industries. Particularly, the application of thermodynamic models is often not properly considered for the specific process under analysis. An undesirable fact can appear, for example, when a wrong properties package is chosen or even more when this selection step is completely ignored. The aim of this article is to prove that the habitual selection of the thermodynamic models is appropriate or not for the primary refining process. For the purpose, two available simulation softwares and thermodynamic models have been analyzed. The research paper focuses on establishing a guide for plant operators with information that has been previously proven, with theoretical support. In particular, for the oil crude atmospheric distillation (Topping, engineers use almost by default the Peng– Robinson thermodynamic package in Aspen Hysys simulator and Chao–Seader in Aspen Plus. Although the use of the thermodynamic property packages involves a whole theoretical support, this is not considered at the time of their election.

  2. Biodegradation of crude oil saturated fraction supported on clays.

    Science.gov (United States)

    Ugochukwu, Uzochukwu C; Jones, Martin D; Head, Ian M; Manning, David A C; Fialips, Claire I

    2014-02-01

    The role of clay minerals in crude oil saturated hydrocarbon removal during biodegradation was investigated in aqueous clay/saturated hydrocarbon microcosm experiments with a hydrocarbon degrading microorganism community. The clay minerals used for this study were montmorillonite, palygorskite, saponite and kaolinite. The clay mineral samples were treated with hydrochloric acid and didecyldimethylammonium bromide to produce acid activated- and organoclays respectively which were used in this study. The production of organoclay was restricted to only montmorillonite and saponite because of their relative high CEC. The study indicated that acid activated clays, organoclays and unmodified kaolinite, were inhibitory to biodegradation of the hydrocarbon saturates. Unmodified saponite was neutral to biodegradation of the hydrocarbon saturates. However, unmodified palygorskite and montmorillonite were stimulatory to biodegradation of the hydrocarbon saturated fraction and appears to do so as a result of the clays' ability to provide high surface area for the accumulation of microbes and nutrients such that the nutrients were within the 'vicinity' of the microbes. Adsorption of the saturated hydrocarbons was not significant during biodegradation.

  3. Crude-oil vs coal-oil processing comparison study. Final report

    Energy Technology Data Exchange (ETDEWEB)

    1979-11-01

    This study evaluates three refinery schemes that have been developed for the processing of H-Coal liquids. The refinery processing employed for the naphtha and lighter components of the H-Coal liquid is essentially the same for all three schemes. It is in the processing of the H-Coal distillate product that refinery variations occur, and these differences are outlined: hydrotreating of the middle coal distillate to produce a No. 2 fuel oil equivalent product; hydrocracking of the total coal distillate to produce more gasoline and higher quality distillate fuel; and hydrotreating of the light coal distillate to a No. 2 fuel oil equivalent, and hydrogenating the heavy coal distillate to upgrade feedstock to a fluid catalytic cracking (FCC) unit. To provide a perspective of the value of coal liquid relative to petroleum, a parallel set of petroleum refinery schemes, processing a 65/35 Light/Heavy Arabian crude oil blend, was developed: reduced crude desulfurization with FCC processing of the desulfurized VGO; reduced crude desulfurization with hydrocracking of the desulfurized VGO; solvent demetallization of the vacuum pitch with desulfurization and FCC processing of VGO and demetallized oil; and solvent demetallization of the vacuum pitch with hydrocracking of the VGO and demetallized oil. Various gasoline to distillate ratios were set as parameters in developing the best possible processing schemes. Linear programming techniques were used to select the optimal schemes at various product ratios. Applying the same product prices to all cases and subtracting operating costs and the capital change, a comparative feedstock value is calculated. This method places the various refinery schemes on a common basis and gives an appraisal of the relative value of the H-Coal liquid charge stock, based on new refinery facilities.

  4. Multivariate Time Series Forecasting of Crude Palm Oil Price Using Machine Learning Techniques

    Science.gov (United States)

    Kanchymalay, Kasturi; Salim, N.; Sukprasert, Anupong; Krishnan, Ramesh; Raba'ah Hashim, Ummi

    2017-08-01

    The aim of this paper was to study the correlation between crude palm oil (CPO) price, selected vegetable oil prices (such as soybean oil, coconut oil, and olive oil, rapeseed oil and sunflower oil), crude oil and the monthly exchange rate. Comparative analysis was then performed on CPO price forecasting results using the machine learning techniques. Monthly CPO prices, selected vegetable oil prices, crude oil prices and monthly exchange rate data from January 1987 to February 2017 were utilized. Preliminary analysis showed a positive and high correlation between the CPO price and soy bean oil price and also between CPO price and crude oil price. Experiments were conducted using multi-layer perception, support vector regression and Holt Winter exponential smoothing techniques. The results were assessed by using criteria of root mean square error (RMSE), means absolute error (MAE), means absolute percentage error (MAPE) and Direction of accuracy (DA). Among these three techniques, support vector regression(SVR) with Sequential minimal optimization (SMO) algorithm showed relatively better results compared to multi-layer perceptron and Holt Winters exponential smoothing method.

  5. A Microfluidic Method to Assess Emulsion Stability in Crude-Oil/Water Separators

    NARCIS (Netherlands)

    Krebs, T.; Schroën, C.G.P.H.; Boom, R.M.

    2011-01-01

    The control of emulsion stability and droplet size is of crucial importance for oil production, especially for the processes of crude/oil water separation and cleanup of produced water. To recover pure oil and water, coalescence between droplets needs to take place, the extent of which will depend

  6. Chemical and Molecular Characterization of Crude Oil Obtained by Olive-Pomace Recentrifugation

    Directory of Open Access Journals (Sweden)

    Antonella Pasqualone

    2016-01-01

    Full Text Available In oil-mills, olive-pomace recentrifugation is a common way to reduce pomace moisture and, at the same time, to recover the oil therein. According to current rules, the obtained oil is defined as “crude olive-pomace oil.” The aim of this work is to verify the effect of recentrifugation on specific chemical and molecular parameters of the crude olive-pomace oil, by comparing it with the corresponding virgin olive oil obtained from the same olive lots. In particular, the following were considered: (i the polar compounds of the oils that include compounds originated from oxidative and hydrolytic degradation, analyzed by high-performance size exclusion chromatography (HPSEC, and (ii the profile of DNA microsatellite molecular markers that was analyzed by using the High Resolution Melting (HRM technique. The obtained results evidenced the significantly higher hydrolytic degradation of crude olive-pomace oil, compared with the corresponding virgin olive oil, but at an extent unlikely able to allow the detection of fraudulent admixtures with virgin olive oils. In addition, the findings demonstrated the feasibility of the application of the HRM analysis of DNA microsatellites to crude olive-pomace oil, able to reveal the alteration of the declared varietal profile of a virgin olive oil sample by simply checking the HRM curve profiles.

  7. A Microfluidic Method to Assess Emulsion Stability in Crude-Oil/Water Separators

    NARCIS (Netherlands)

    Krebs, T.; Schroën, C.G.P.H.; Boom, R.M.

    2011-01-01

    The control of emulsion stability and droplet size is of crucial importance for oil production, especially for the processes of crude/oil water separation and cleanup of produced water. To recover pure oil and water, coalescence between droplets needs to take place, the extent of which will depend o

  8. EPR and Fluorescence Spectroscopy in the Photodegradation Study of Arabian and Colombian Crude Oils

    Directory of Open Access Journals (Sweden)

    Carmen L. B. Guedes

    2006-01-01

    W/m2. The reduction in the linewidth of the free radical of 9.8% in Arabian oil and 18.5% in Colombian oil, as well as the decrease in radical numbers, indicated photochemical degradation, especially in Colombian oil. The linewidth narrowing corresponding to free radicals in the irradiated oils occurred due to the rearrangement among radicals and aromatic carbon consumption. The irradiated oils showed a reduction in the relative intensity of fluorescence of the aromatics with high molecular mass, polar aromatics, and asphaltene. The fluorescent fraction was reduced by 61% in Arabian oil and 72% in Colombian oil, corresponding to photochemical degradation of crude oil aromatic compounds.

  9. China Oil Reserve and Major Refined Products Marketing Research

    Institute of Scientific and Technical Information of China (English)

    Yang Xunying

    2001-01-01

    @@ 1 Current Status and Forecast on Supply and Demand for Oil in China 1.1 Chinese oil trade balance China's demand for crude oil has increased sharply since the 1990's. From 1991 to 2000, the consumption of China's crude oil increased by 6% a year, but the output still lagged far behind the domestic need (See Table 1).

  10. Solids precipitation in crude oils, gas-to-liquids and their blends

    Science.gov (United States)

    Ramanathan, Karthik

    Gas-to-liquids (GTL) liquids are obtained from syngas by the Fischer-Tropsch synthesis. The blending of GTL liquids produced from natural gas/coal reserves and crude oils is a possibility in the near future for multiple reasons. Solids precipitation is a major problem in pipelines and refineries leading to significant additional operating costs. The effect of the addition of a paraffinic GTL liquid to crude oils on solids precipitation was investigated in this study. A Fourier transform infrared (FT-IR) spectroscopic technique was used to obtain solid-liquid equilibria (SLE) data for the various samples. The SLE of multiple systems of model oils composed of n-alkanes was investigated preliminarily. Blends of a model oil simulating a GTL liquid composition and a crude oil showed that the wax precipitation temperature (WPT) decreased upon blending. Three crude oils from different geographic regions (Alaskan North Slope, Colorado and Venezuela) and a laboratory-produced GTL liquid were used in the preparation of blends with five different concentrations of the GTL liquid. The wax precipitation temperatures of the blends were found to decrease with the increasing addition of the GTL liquid for all the oils. This effect was attributed to the solvent effect of the low molecular weight-paraffinic GTL liquid on the crude oils. The weight percent solid precipitated that was estimated as a function of temperature did not show a uniform trend for the set of crude oils. The asphaltene onset studies done on the blends with near-infrared spectroscopy indicated that the addition of GTL liquid could have a stabilizing effect on the asphaltenes in some oils. Analytical techniques such as distillation, solvent separation, HPLC, GC, and GPC were used to obtain detailed composition data on the samples. Two sets of compositional data with 49 and 86 pseudo-components were used to describe the three crude oils used in the blending work. The wax precipitation was calculated using a

  11. Unexpected Interaction with Dispersed Crude Oil Droplets Drives Severe Toxicity in Atlantic Haddock Embryos

    Science.gov (United States)

    Sørhus, Elin; Edvardsen, Rolf B.; Karlsen, Ørjan; Nordtug, Trond; van der Meeren, Terje; Thorsen, Anders; Harman, Christopher; Jentoft, Sissel; Meier, Sonnich

    2015-01-01

    The toxicity resulting from exposure to oil droplets in marine fish embryos and larvae is still subject for debate. The most detailed studies have investigated the effects of water-dissolved components of crude oil in water accommodated fractions (WAFs) that lack bulk oil droplets. Although exposure to dissolved petroleum compounds alone is sufficient to cause the characteristic developmental toxicity of crude oil, few studies have addressed whether physical interaction with oil micro-droplets are a relevant exposure pathway for open water marine speices. Here we used controlled delivery of mechanically dispersed crude oil to expose pelagic embryos and larvae of a marine teleost, the Atlantic haddock (Melanogrammus aeglefinus). Haddock embryos were exposed continuously to two different concentrations of dispersed crude oil, high and low, or in pulses. By 24 hours of exposure, micro-droplets of oil were observed adhering and accumulating on the chorion, accompanied by highly elevated levels of cyp1a, a biomarker for exposure to aromatic hydrocarbons. Embryos from all treatment groups showed abnormalities representative of crude oil cardiotoxicity at hatch (5 days of exposure), such as pericardial and yolk sac edema. Compared to other species, the frequency and severity of toxic effects was higher than expected for the waterborne PAH concentrations (e.g., 100% of larvae had edema at the low treatment). These findings suggest an enhanced tissue uptake of PAHs and/or other petroleum compounds from attached oil droplets. These studies highlight a novel property of haddock embryos that leads to greater than expected impact from dispersed crude oil. Given the very limited number of marine species tested in similar exposures, the likelihood of other species with similar properties could be high. This unanticipated result therefore has implications for assessing the ecological impacts of oil spills and the use of methods for dispersing oil in the open sea. PMID:25923774

  12. Hydrothermal Liquefaction Biocrude Compositions Compared to Petroleum Crude and Shale Oil

    Energy Technology Data Exchange (ETDEWEB)

    Jarvis, Jacqueline M.; Billing, Justin M.; Hallen, Richard T.; Schmidt, Andrew J.; Schaub, Tanner M.

    2017-02-17

    We provide a direct and detailed comparison of the chemical composition of petroleum crude oil (from the Gulf of Mexico), shale oil, and three biocrudes (i.e., clean pine, microalgae Chlorella sp., and sewage sludge feedstocks) generated by hydrothermal liquefaction (HTL). Ultrahigh resolution Fourier transform ion cyclotron resonance mass spectrometry (FT-ICR MS) reveals that HTL biocrudes are compositionally more similar to shale oil than petroleum crude oil and that only a few heteroatom classes (e.g., N1, N2, N1O1, and O1) are common to organic sediment- and biomass-derived oils. All HTL biocrudes contain a diverse range of oxygen-containing compounds when compared to either petroleum crude or shale oil. Overall, petroleum crude and shale oil are compositionally dissimilar to HTL oils, and >85% of the elemental compositions identified within the positive-ion electrospray (ESI) mass spectra of the HTL biocrudes were not present in either the petroleum crude or shale oil (>43% for negative-ion ESI). Direct comparison of the heteroatom classes that are common to both organic sedimentand biomass-derived oils shows that HTL biocrudes generally contain species with both smaller core structures and a lower degree of alkylation relative to either the petroleum crude or the shale oil. Three-dimensional plots of carbon number versus molecular double bond equivalents (with observed abundance as the third dimension) for abundant molecular classes reveal the specific relationship of the composition of HTL biocrudes to petroleum and shale oils to inform the possible incorporation of these oils into refinery operations as a partial amendment to conventional petroleum feeds.

  13. Superoleophillic electrospun polystrene/exofoliated graphite fibre for selective removal of crude oil from water

    Science.gov (United States)

    Alayande, S. Oluwagbemiga; Dare, Enock O.; Olorundare, F. O. Grace; Nkosi, D.; Msagati, Titus A. M.; Mamba, B. B.

    2016-04-01

    During oil spills, the aquatic environment is greatly endangered because oil floats on water making the penetration of sunlight difficult therefore primary productivity is compromised, birds and aquatic organisms are totally eliminated within a short period. It is therefore essential to remove the oil from the water bodies after the spillage. This work reports on the fabrication of oil loving electrospun polystyrene-exofoliated graphite fibre with hydrophobic and oleophillic surface properties. The fibre was applied for the selective adsorption of crude oil from simulated crude oil spillage on water. The maximum oil adsorption capacity of the EPS/EG was 1.15 kg/g in 20 min while the lowest oil adsorption capacity was 0.81 kg/g in 10 min. Cheap oil adsorbent was developed with superoleophillic and superhydrophobic properties.

  14. Variation of yield stress of Daqing crude oil with pipelining history

    Institute of Scientific and Technical Information of China (English)

    李立; 侯磊; 孙立新

    2008-01-01

    The yield stress of waxy crude oil is a fundamental parameter in the calculation of pipelining technique and analysis of flow safety for the heated oil transported through pipeline.Daqing crude oil was studied and the variation of yield stress with shear history was explored through simulation experiment of pipelining.It is found that the effect of throughput variation or shear rate on yield stress is not obvious.With the decrease of final dynamic cooling temperature,the yield stress of waxy crude oil decreases,but there exists a little increase at the beginning.The prediction model of yield stress for waxy crude oil under the condition of shutdown is developed and it can be used to predict the yield stress of Daqing crude oil at certain heating temperature,final dynamic cooling temperature and measurement temperature.For the 139 groups of yield stress data of Daqing crude oil from the simulation experiment of pipelining,the result of prediction with this model shows that the average relative deviation between the yield stress measured and predicted is 30.27%,and the coefficient of correlation is 0.962 3.

  15. An FTIR method for the analysis of crude and heavy fuel oil asphaltenes to assist in oil fingerprinting.

    Science.gov (United States)

    Riley, Brenden J; Lennard, Chris; Fuller, Stephen; Spikmans, Val

    2016-09-01

    A proof-of-concept spectroscopic method for crude and heavy fuel oil asphaltenes was developed to complement existing methods for source determination of oil spills. Current methods rely on the analysis of the volatile fraction of oils by Gas Chromatography (GC), whilst the non-volatile fraction, including asphaltenes, is discarded. By discarding the non-volatile fraction, important oil fingerprinting information is potentially lost. Ten oil samples representing various geographical regions were used in this study. The asphaltene fraction was precipitated from the oils using excess n-pentane, and analysed by Attenuated Total Reflectance Fourier Transform Infrared Spectroscopy (ATR-FTIR). Based on visual interpretation of FTIR spectra along with peak height ratio comparisons, all ten oil samples could be differentiated from one another. Furthermore, ATR-FTIR was not able to differentiate a weathered crude oil sample from its source sample, demonstrating significant potential for the application of asphaltenes in oil fingerprinting.

  16. Crude oil as a stranding cause among loggerhead sea turtles (Caretta caretta) in the Canary Islands, Spain (1998-2011).

    Science.gov (United States)

    Camacho, María; Calabuig, Pascual; Luzardo, Octavio P; Boada, Luis D; Zumbado, Manuel; Orós, Jorge

    2013-07-01

    We report the number of strandings caused by crude oil among loggerhead turtles (Caretta caretta) in the Canary Islands between 1998 and 2011 and analyze the impact of the designation of the Canary Islands as a Particularly Sensitive Sea Area (PSSA) in 2005. Among 1,679 stranded loggerhead turtles, 52 turtles stranded due to crude oil (3.1%). The survival rate of the turtles stranded by crude oil was 88%. All turtles that died because of crude oil stranding had signs of ingestion of crude oil and lesions, included esophageal impaction, necrotizing gastroenteritis, necrotizing hepatitis, and tubulonephrosis. The number of strandings caused by crude oil after 2005 was significantly lower than it was before 2006. We show that the designation of the Canary Islands as a PSSA in 2005 by the International Maritime Organization was associated with a reduction of sea turtle strandings caused by crude oil.

  17. Oil Market Forecast and the Analysis of Economic Impact of Oil Price Fluctuations

    Energy Technology Data Exchange (ETDEWEB)

    Lee, M.B. [Korea Energy Economics Institute, Euiwang (Korea)

    2001-12-01

    In the past two years, we noticed that oil prices have fluctuated with a wide range of $10 per barrel in the international oil markets. Since her annual oil import exceeded 10% of the national gross import, Korea became much concerned with economic impacts of changes in crude oil prices along with the short-term outlook of international crude oil market. In this context, this study is conducted to build a macro-economic model as well as an input-output analysis to deal with such changes in oil prices. The major findings are as follows: In the short-term, oil import price in 2001 is expected to stay at the level of $23.50 per barrel and the price will drop to the level of $20{approx}$22, approximately 10% drop from the previous year. The short-term impacts of these oil prices include: 3.0% increase in GDP; 9.7% decrease in export; 2.8% increase in petroleum product prices; 2.8% increase in demand for petroleum products; 6.1% increase in producer price index (PPI) in 2001. The impacts of 10% drop in oil prices under a scenario of the constant foreign exchange rate against US dollar include: 5.2% increase in GDP; 3.7% increase in import, 1.1% increase in petroleum product prices, 8.1% increase in demand for petroleum; and 3.7% increase in PPI. An input-output analysis reveals that the decrease in petroleum production cost induced by 10% drop in oil import prices amounted to approximately 5{approx}6%. Other sectors which show a big drop in production cost are basic petro-chemical industry, heat suppliers, electricity sector, and city gas suppliers. Among the petroleum products, naphtha shows the biggest drop of 8% in production cost, followed by fuel oils (7%), kerosene and diesel (6%), LPG (6%), and gasoline (3%). (author). 20 refs., 7 figs., 12 tabs.

  18. Transporting US oil imports: The impact of oil spill legislation on the tanker market

    Energy Technology Data Exchange (ETDEWEB)

    Rowland, P.J. (Rowland (P.) Associates (United States))

    1992-05-01

    The Oil Pollution Act of 1990 ( OPA'') and an even more problematic array of State pollution laws have raised the cost, and risk, of carrying oil into and out of the US. This report, prepared under contract to the US Department of energy's Office of Domestic and International Policy, examines the impact of Federal and State oil spill legislation on the tanker market. It reviews the role of marine transportation in US oil supply, explores the OPA and State oil spill laws, studies reactions to OPA in the tanker and tank barge industries and in related industries such as insurance and ship finance, and finally, discusses the likely developments in the years ahead. US waterborne oil imports amounted to 6.5 million B/D in 1991, three-quarters of which was crude oil. Imports will rise by almost 3 million B/D by 2000 according to US Department of energy forecasts, with most of the crude oil growth after 1995. Tanker demand will grow even faster: most of the US imports and the increased traffic to other world consuming regions will be on long-haul trades. Both the number of US port calls by tankers and the volume of offshore lightering will grow. Every aspect of the tanker industry's behavior is affected by OPA and a variety of State pollution laws.

  19. Investigation into the Nephrotoxicity of Nigerian Bonny Light Crude Oil in Albino Rats

    Directory of Open Access Journals (Sweden)

    O. O. Udemezue

    2004-09-01

    Full Text Available The effect of bonny-light crude oil was assessed in adult albino rats. The rats were administered with 200, 400, and 800mg/kg body weight of the crude oil orally for 7 days. Fluid intake was measured daily, initial and final animal body was recorded. The toxic effects on the kidneys were assessed and histological studies carried out. The results revealed that the kidney cells were damaged; crude oil caused a destruction of the renal reserve capacity. There was a significant increase (p ≤ 0.05 in creatinine in the high dose group (800mg/kg, and a significant decrease (p ≤ 0.05 in urea concentration. Histological examination indicates that crude oil induced severe pathologic changes in the forms of necrosis and oedema.

  20. Is there co-movement of agricultural commodities futures prices and crude oil?

    Energy Technology Data Exchange (ETDEWEB)

    Natanelov, Valeri, E-mail: valeri.natanelov@ugent.be [Department of Agricultural Economics, Ghent University, Coupure links 653, 9000 Ghent (Belgium); Alam, Mohammad J. [Department of Agricultural Economics, Ghent University, Coupure links 653, 9000 Ghent (Belgium); Department of Agribusiness and Marketing, Bangladesh Agricultural University (Bangladesh); McKenzie, Andrew M. [Department of Agricultural Economics and Agribusiness, University of Arkansas, AR (United States); Van Huylenbroeck, Guido [Department of Agricultural Economics, Ghent University, Coupure links 653, 9000 Ghent (Belgium)

    2011-09-15

    Even though significant attempts have appeared in literature, the current perception of co-movement of commodity prices appear inadequate and static. In particular we focus on price movements between crude oil futures and a series of agricultural commodities and gold futures. A comparative framework is applied to identify changes in relationships through time and various cointegration methodologies and causality tests are employed. Our results indicate that co-movement is a dynamic concept and that some economic and policy development may change the relationship between commodities. Furthermore we show that biofuel policy buffers the co-movement of crude oil and corn futures until the crude oil prices surpass a certain threshold. - Highlights: > We show that co-movement of commodity futures is a temporal concept. > A variation in parallel movement between 2 large periods occurs. > Biofuel policy buffers parallel movement of corn and crude oil futures

  1. 33 CFR 157.138 - Crude Oil Washing Operations and Equipment Manual.

    Science.gov (United States)

    2010-07-01

    ... stripping suction device. (iv) Number and location of COW machines operating simultaneously in each cargo... crude oil. (13) The procedure for draining and stripping the pumps and piping of the COW system,...

  2. Nonlinear joint dynamics between prices of crude oil and refined products

    Science.gov (United States)

    Zhang, Tao; Ma, Guofeng; Liu, Guangsheng

    2015-02-01

    In this paper, we investigate the relationships between crude oil and refined product prices. We find that nonlinear correlations are stronger in the long-term than in the short-term. Crude oil and product prices are cointegrated and financial crisis in 2007-2008 caused a structural break of the cointegrating relationship. Moreover, different from the findings in most studies, we reveal that the relationships are almost symmetric based on a threshold error correction model. The so-called 'asymmetric relationships' are caused by some outliers and financial crisis. Most of the time, crude oil prices play the major role in the adjustment process of the long-term equilibrium. However, refined product prices dominated crude oil prices during the period of financial crisis. Important policy and risk management implications can be learned from the empirical findings.

  3. Systematically structural identification of nitric compounds in crude oil with chemometric resolution

    Institute of Scientific and Technical Information of China (English)

    HUANG Yi; ZHANG Tai-ming; LIANG Yi-zeng; CUI Hui

    2005-01-01

    Aimed at the problem of classification of non-hydrocarbons of crude oil, the theoretical standpoint that the polarity of a compound depends on the whole structure and composition of molecule instead of a kind of heteroatom or its functional group was presented. A method was established for the systematically structural identification of nitric compounds in crude oil. The pre-fractionation of a crude oil sample into 7 fractions was performed by djadsorption column chromatography with neutral aluminum oxide and silica gel. Subsequently, the individual components were obtained by using capillary column gas chromatography, and the types of compounds were detected by a mass spectrometer. In combination with a chemometric resolution, the compounds of fraction were further identified. This method can relieve the difficulty of classical analysis in identifying those species with very low contents or without being completely separated. The structures of 168 nitric compounds in a crude oil sample were determined by this method.

  4. Bacterial diversity in a tropical crude oil-polluted soil undergoing ...

    African Journals Online (AJOL)

    STORAGESEVER

    2009-06-03

    Jun 3, 2009 ... received each 4 L of Bonny light crude oil while three treatment plots received 3 kg of NPK, urea ..... level decreased by 97, 96 and 95% respectively, by day .... the removal of fuel contaminants: perspective for monitoring.

  5. A method to refine crude cottonseed oil using non-toxic polyamine-based cationic polymers☆

    Institute of Scientific and Technical Information of China (English)

    Hailin Lin; Tom C Wedegaertner; Xiaoyun Mao; Xudong Jing; Aicardo Roa-Espinosa

    2015-01-01

    The traditional method to refine crude cottonseed oil is time-consuming and expensive. This study evaluates the effectiveness of coagulation–flocculation–sedimentation process using quaternary polyamine-based polymers in refining crude cottonseed oil. Flocculated by four commercial polyamine-based cationic polymers (SL2700, SL3000, SL4500 and SL5000) with varied molecular weight (MW) and charge density (CD) and followed by co-agulation with sodium hydroxide, crude cottonseed oil can be effectively purified. Free fatty acids, gossypol, pig-ments and trace elements are all effectively and sufficiently removed by the four polymers in a MW-and CD-dependent manner. Our results suggest that the use of polyamine-based cationic polymers may offer an effective and feasible alternative to the traditional method for crude cottonseed oil refining.

  6. Assessment of heavy metal speciation in soils impacted with crude oil in the Niger Delta, Nigeria

    National Research Council Canada - National Science Library

    Iwegbue, Chukwujindu M.A

    2011-01-01

    Chemical fractionation of Cd, Cu, Pb, Ni, Cr, Zn and Mn in soils that had received a significant impact of crude oil spillage in the Niger Delta, Nigeria was studied using a sequential chemical extraction method...

  7. Fatty Amide Determination in Neutral Molecular Fractions of Green Crude Hydrothermal Liquefaction Oils From Algal Biomass

    Energy Technology Data Exchange (ETDEWEB)

    Palardy, Oliver [National Renewable Energy Laboratory, 15013 Denver West Parkway, Golden, Colorado 80401, United States; Behnke, Craig [Sapphire Energy, 10996 Torreyana; Laurens, Lieve M. L. [National Renewable Energy Laboratory, 15013 Denver West Parkway, Golden, Colorado 80401, United States

    2017-07-19

    Even though hydrothermal liquefaction (HTL) is a promising route to produce crude oils (referred to as 'green crude'), the molecular composition of the nitrogen fraction of such green crude oils is not fully understood. The goal of this work was to identify and quantify the fraction of fatty amides in green crude oils obtained from five different samples derived from Desmodesmus armatus, Tetraselmis sp., and Chlorella sp. biomass treated under different HTL conditions (260 or 340 degrees C as batch or continuous processes). The goal of this work was to elucidate the nature of the high nitrogen content of the green crude oils. We identified at least 19 distinct fatty amides present in green crude oils and quantified them based on relevant standards in purified fractions after functional group-based separation and enrichment. It was not known how much these compounds contributed to the oils or which molecular fraction they are associated with. We found that fatty amides exclusively partitioned with the neutral fraction of the oils and belonged mainly to one of five categories, based on their functional group substitution, i.e., fatty amides, monomethyl, dimethyl, monoethanolamide, and diethanolamide. The quantification of fatty amides in the neutral oil fraction was based on respective fatty amide standards, after verification of consistency in response factors between molecules with different substitutions of the amide group. We found that the amount of fatty amides found in each of the five samples varied considerably and ranged between 1.4 and 3.0% of the green crude oils, with the highest levels detected in the sample with the highest oil content, after HTL of biomass derived from a nutrient deprived Chlorella sp. culture.

  8. Reduced hydrogen sulfide from crude oil using metal nanoparticles produced by electrochemical deposition

    OpenAIRE

    Sahar Safarkhani; Ali Akbar MiranBeigi; Amir Vahi; Abolghasem Mirhoseini

    2016-01-01

    Hydrogen sulfide is one of the most dangerous contaminants in crude oil and natural gas that must be removed before transport and refining. It has multiple effects on the environment and the industry is bad that these effects include acid rain, cancer, corrosion of pipelines, poison catalytic converters in car exhaust. In this study, to eliminate H2S crude oil Nano emulsion used ionic liquid. Ionic liquids also with metal nanoparticles (MNPs) have been modified. Improve and reform the electro...

  9. The Reasons and the Impacts of Crude Oil Prices on World Economy

    Directory of Open Access Journals (Sweden)

    Jitka Heydová

    2011-04-01

    Full Text Available This paper focuses on how crude oil prices affect the world economy. It discusses crude oil and its everyday usage and necessity in today‘s world. This paper also discusses the historical supply and demand of oil and gives the numbers for the world proven reserves. Furthermore, it explains the history of crude oil prices, maps factors that influenced price and highlights impacts on the world economy. It characterizes the main factors influencing the impact of crude oil price changes to a country’s economy in OECD countries. It contains detailed information about each country of OECD and calculates the results of the main macroeconomic figures and influencing factors. It analyzes and compares country’s differences and point out the danger of dependency on imported sources of oil. Crude oil price is influencing of our everyday life and understanding the problem can improve our awareness of energy sources and perhaps prevent another oil crisis. ThepaperwasprocessedwithintheframeworkoftheResearch Project of MSM 6046070906 "Theeconomicsof Czech agriculturalresources and theireffective use withintheframeworkofmultifunctionalagri-food systems".

  10. Analyzing and forecasting volatility spillovers, asymmetries and hedging in major oil markets

    Energy Technology Data Exchange (ETDEWEB)

    Chang, Chia-Lin [Department of Applied Economics National Chung Hsing University Taichung, 250 Kuo Kuang Road, National Chung Hsing University Taichung 402 (China); McAleer, Michael [Econometric Institute, Erasmus School of Economics, Erasmus University Rotterdam (Netherlands); Tinbergen Institute (Netherlands); Tansuchat, Roengchai [Faculty of Economics, Maejo University (Thailand)

    2010-11-15

    Crude oil price volatility has been analyzed extensively for organized spot, forward and futures markets for well over a decade, and is crucial for forecasting volatility and Value-at-Risk (VaR). There are four major benchmarks in the international oil market, namely West Texas Intermediate (USA), Brent (North Sea), Dubai/Oman (Middle East), and Tapis (Asia-Pacific), which are likely to be highly correlated. This paper analyses the volatility spillover and asymmetric effects across and within the four markets, using three multivariate GARCH models, namely the constant conditional correlation (CCC), vector ARMA-GARCH (VARMA-GARCH) and vector ARMA-asymmetric GARCH (VARMA-AGARCH) models. A rolling window approach is used to forecast the 1-day ahead conditional correlations. The paper presents evidence of volatility spillovers and asymmetric effects on the conditional variances for most pairs of series. In addition, the forecast conditional correlations between pairs of crude oil returns have both positive and negative trends. Moreover, the optimal hedge ratios and optimal portfolio weights of crude oil across different assets and market portfolios are evaluated in order to provide important policy implications for risk management in crude oil markets. (author)

  11. Estimating 'Value at Risk' of crude oil price and its spillover effect using the GED-GARCH approach

    Energy Technology Data Exchange (ETDEWEB)

    Fan, Ying; Wei, Yi-Ming [Center for Energy and Environmental Policy Research, Institute of Policy and Management, Chinese Academy of Sciences, Beijing, 100080 (China); Zhang, Yue-Jun [Center for Energy and Environmental Policy Research, Institute of Policy and Management, Chinese Academy of Sciences, Beijing, 100080 (China); Graduate University of the Chinese Academy of Sciences, Beijing, 100080 (China); Tsai, Hsien-Tang [College of Management, National Sun Yat-sen University, Kaohsiung 80424 (China)

    2008-11-15

    Estimation has been carried out using GARCH-type models, based on the Generalized Error Distribution (GED), for both the extreme downside and upside Value-at-Risks (VaR) of returns in the WTI and Brent crude oil spot markets. Furthermore, according to a new concept of Granger causality in risk, a kernel-based test is proposed to detect extreme risk spillover effect between the two oil markets. Results of an empirical study indicate that the GED-GARCH-based VaR approach appears more effective than the well-recognized HSAF (i.e. historical simulation with ARMA forecasts). Moreover, this approach is also more realistic and comprehensive than the standard normal distribution-based VaR model that is commonly used. Results reveal that there is significant two-way risk spillover effect between WTI and Brent markets. Supplementary study indicates that at the 99% confidence level, when negative market news arises that brings about a slump in oil price return, historical information on risk in the WTI market helps to forecast the Brent market. Conversely, it is not the case when positive news occurs and returns rise. Historical information on risk in the two markets can facilitate forecasts of future extreme market risks for each other. These results are valuable for anyone who needs evaluation and forecasts of the risk situation in international crude oil markets. (author)

  12. Upgrading and Refining of Crude Oils and Petroleum Products by Ionizing Irradiation.

    Science.gov (United States)

    Zaikin, Yuriy A; Zaikina, Raissa F

    2016-06-01

    A general trend in the oil industry is a decrease in the proven reserves of light crude oils so that any increase in future oil exploration is associated with high-viscous sulfuric oils and bitumen. Although the world reserves of heavy oil are much greater than those of sweet light oils, their exploration at present is less than 12 % of the total oil recovery. One of the main constraints is very high expenses for the existing technologies of heavy oil recovery, upgrading, transportation, and refining. Heavy oil processing by conventional methods is difficult and requires high power inputs and capital investments. Effective and economic processing of high viscous oil and oil residues needs not only improvements of the existing methods, such as thermal, catalytic and hydro-cracking, but the development of new technological approaches for upgrading and refining of any type of problem oil feedstock. One of the perspective approaches to this problem is the application of ionizing irradiation for high-viscous oil processing. Radiation methods for upgrading and refining high-viscous crude oils and petroleum products in a wide temperature range, oil desulfurization, radiation technology for refining used oil products, and a perspective method for gasoline radiation isomerization are discussed in this paper. The advantages of radiation technology are simple configuration of radiation facilities, low capital and operational costs, processing at lowered temperatures and nearly atmospheric pressure without the use of any catalysts, high production rates, relatively low energy consumption, and flexibility to the type of oil feedstock.

  13. Wettability Behavior of Crude Oil-Silica Nanofluids-Sandstone Systems

    Science.gov (United States)

    Bai, Lingyun; Li, Chunyan; Pales, Ashley; Huibers, Britta; Ladner, David; Daigle, Hugh; Darnault, Christophe

    2016-04-01

    Mobilizing and recovering crude oils from geological formations is critical for the management and exploitation of petroleum reservoirs. Nanoparticles, with their unique physico-chemical properties can increase the efficiency of enhanced oil recovery (EOR) by decreasing interfacial tension (IFT) between the oil and aqueous phase systems, and altering rock wettability. Our research examines the potential use of nanoparticles as a means of EOR by studying the influence of silicon oxide (SIO2) nanoparticles on the wettability and interfacial tension of different crude oil-silica nanofluids-sandstone systems. We designed nanofluid treatments to manipulate changes in wettability of Berea and Boise sandstones simulating petroleum reservoir. Experiments were performed to measure the IFT and wettability involving different concentrations of nanoparticles with and without the addition of surfactant to determine which nanofluids produced the most favorable wettability changes for optimal EOR with light crude oil (e.g., West Texas, API: 40), medium crude oil (Prudhoe Bay, API: 28), and heavy crude oil (e.g., Lloydminster, API: 20). We investigated the addition of Tween 20 nonionic surfactant to the nanoparticle dispersions - made from SiO2 nanoparticles - that allows the optimum mobility in porous media through optimization of interfacial tension (IFT) and contact angle, and conducted tests. Batch studies were conducted to measure the IFT and wettability of the nanofluids of different range of nanoparticle concentrations (0-0.1 wt. %) in different reservoir conditions, i.e. brine and brine-surfactant systems made with 5% brine and 2CMC of Tween 20 nonionic surfactants. The dynamic behavior of IFT was monitored using a pendant drop method. Five percent brine-nanoparticle systems containing 0.001 and 0.01 wt.% of nanoparticles resulted in a significant decrease of IFT for light and medium crude oils, while the highest decrease of IFT for heavy crude oil was observed with 0.1 wt

  14. Hydrobiogeochemical controls on a low-carbon emitting energy extraction mechanism: exploring methanogenic crude oil biodegradation

    Science.gov (United States)

    Shelton, Jenna; McIntosh, Jennifer; Akob, Denise; Spear, John; Warwick, Peter; McCray, John

    2016-04-01

    Exploiting naturally-occurring microbial communities in the deep subsurface could help mitigate the effects of CO2 emissions to the atmosphere. These microbial communities, a combination of methanogens and syntrophic bacteria, can perform methanogenic crude oil biodegradation, namely the conversion of crude oil to natural gas, and have also been detected in biodegraded, methanogenic reservoirs. These microbes could target residual crude oil, a high-carbon, hard-to-obtain fossil fuel source, and convert it to natural gas, effectively "producing" a lower CO2 per BTU fuel source. Yet, little is known about what geochemical parameters are driving microbial population dynamics in biodegraded, methanogenic oil reservoirs, and how the presence of specific microbial communities may impact methanogenic crude oil biodegradation. To investigate methanogenic crude oil biodegradation, 22 wells along a subsurface hydrogeochemical gradient in the southeastern USA were sampled for DNA analysis of the microbial community, and geochemical analysis of produced water and crude oil. A statistical comparison of microbial community structure to formation fluid geochemical parameters, amount of crude oil biodegradation, and relative extent of methanogenesis revealed that relative degree of biodegradation (high, medium, or low), chloride concentration (550 mM to 2100 mM), well depth (393 m to 1588 m), and spatial location within the reservoir (i.e., oil field location) are the major drivers of microbial diversity. There was no statistical evidence for correlation between extent of methanogenesis and the subsurface community composition. Despite the dominance of methanogens in these sampled wells, methanogenic activity was not predicted solely based on the microbial community composition. Crude oil biodegradation, however, correlates with both community composition and produced water geochemistry, suggesting a co-linear system and implying that microbial communities associated with degree

  15. Aminated Copolymers as Flow Improvers for Super-viscous Crude Oils

    Institute of Scientific and Technical Information of China (English)

    Zhang Hong; Shen Benxian

    2007-01-01

    The new flow improvers for super-viscous crude oils were developed via esterification of polybasic high carbon alcohol with methacrylate and copolymerization of monomers followed by amination of copolymers.The structure of the synthesized polymer flow improver additive was confirmed by IR spectroscopy and the crystal structure of the flow improver additives were determined by X-ray diffraction analysis.The structure of wax crystals was also studied at the same time.The results showed that the wax crystal structure was closely related with the crystal structure of the flow improver,which could change the pour point depression and viscosity reduction behavior of the crude oil.When the wax crystal structure matched well with that of the additive,the Wax crystals were dispersed satisfactorily,resulting in favorable effects in terms of pour point depression and viscosity reduction.The new synthesized aminated polymer flow improver additive was most efficient for treating super-viscous crude oils.The super-viscous crude oil had a high content of resins and asphaltenes,which might aggregate onto the surface of wax crystals to form blocks to limit the crude oil fluidity.However,amination of copolymers having similar structure with the resins and asphaltenes contained in crude oil could dissolve the huge polar groups to make the deposit formation difficult.

  16. Biodegradation of crude oil by Pseudomonas aeruginosa in the presence of rhamnolipids

    Institute of Scientific and Technical Information of China (English)

    ZHANG Guo-liang; WU Yue-ting; QIAN Xin-ping; MENG Qin

    2005-01-01

    The potential biodegradation of crude oil was assessed based on the development of a fermentative process with a strain ofPseudomonas aeruginosa which produced 15.4 g/L rhamnolipids when cultured in a basal mineral medium using glycerol as a sole carbon source. However, neither cell growth nor rhamnolipid production was observed in the comparative culture system using crude oil as the sole carbon source instead. As rhamnolipid, an effective biosurfactant, has been reported to stimulate the biodegradation of hydrocarbons, 1 g/L glycerol or 0.22 g/L rhamnolipid was initially added into the medium to facilitate the biodegradation of crude oil. In both situations, more than 58% of crude oil was degraded and further converted into accumulated cell biomass and rhamnolipids. These results suggest that Pseudomonas aeruginosa could degrade most of crude oil with direct or indirect addition of rhamnolipid. And this conclusion was further supported by another adsorption experiment, where the adsorption capacity of crude oil by killed cell biomass was negligible in comparison with the biologic activities of live cell biomass.

  17. Characteristics of Newly Isolated Geobacillus sp. ZY-10 Degrading Hydrocarbons in Crude Oil.

    Science.gov (United States)

    Sun, Yumei; Ning, Zhanguo; Yang, Fan; Li, Xianzhen

    2015-01-01

    An obligately thermophilic strain ZY-10 was isolated from the crude oil in a high-temperature oilfield, which was capable of degrading heavy crude oil. Phenotypic and phylogenetic analysis demonstrated that the isolate should be grouped in the genus Geobacillus, which shared thd highest similarity (99%) of the 16S rDNA sequence to Geobacillus stearothermophilus. However, the major cellular fatty acid iso-15:0 (28.55%), iso-16:0 (24.93%), iso-17:0 (23.53%) and the characteristics including indole production, tolerance to NaN3 and carbohydrate fermentation showed some difference from the recognized species in the genus Geobacillus. The isolate could use tridecane, hexadecane, octacosane and hexatridecane as sole carbon source for cell growth, and the digesting rate of long-chain alkane was lower than that of short-chain alkane. When the isolate was cultured in the heavy crude oil supplement with inorganic salts and trace yeast extract, the concentration of short-chain alkane was significantly increased and the content of long-chain alkane was decreased, suggesting that the larger hydrocarbon components in crude oil were degraded into shorter-chain alkane. Strain ZY-10 would be useful for improving the mobility of crude oil and upgrading heavy crude oil in situ.

  18. Non-Newtonian steady shear flow characteristics of waxy crude oil

    Institute of Scientific and Technical Information of China (English)

    黄树新; 陈鑫; 鲁传敬; 侯磊; 范毓润

    2008-01-01

    The experimental research on the non-Newtonian flow characteristic of a waxy crude oil was conducted through a rotational parallel-plates rheometer system.The test temperature is about 6.5 ℃ higher than its gel point.The shear stress and viscosity of the waxy crude oil show sophisticate non-Newtonian characteristics in the shear rate of 10-4-102 s-1,in which the shear stress can be divided into three parts qualitatively,i.e.stress-up region,leveling-off region,and stress-up region.This indicates that there is a yielding process in shearing for the waxy crude oil at the experimental temperature,which is similar to the yield phenomenon in thixotropy-loop test discussed by CHANG and BOGER.Furthermore,the steady shear experiment after the pre-shear process shows that the stress leveling-off region at low shear rate disappears for the waxy crude oil and the stress curve becomes a monotonic climbing one,which demonstrates that the internal structure property presenting through yielding stress at low shear rate can be changed by shearing.The experimental results also show that the internal structure of waxy crude oil presenting at low shear rate has no influence on the shear viscosity obtained at the shear rate higher than 0.1 s-1.The generalized Newtonian model is adopted to describe the shear-thinning viscosity property of the waxy crude oil at high shear rate.

  19. Dispersion of T1 and T2 nuclear magnetic resonance relaxation in crude oils.

    Science.gov (United States)

    Chen, Joseph J; Hürlimann, Martin; Paulsen, Jeffrey; Freed, Denise; Mandal, Soumyajit; Song, Yi-Qiao

    2014-09-15

    Crude oils, which are complex mixtures of hydrocarbons, can be characterized by nuclear magnetic resonance diffusion and relaxation methods to yield physical properties and chemical compositions. In particular, the field dependence, or dispersion, of T1 relaxation can be used to investigate the presence and dynamics of asphaltenes, the large molecules primarily responsible for the high viscosity in heavy crudes. However, the T2 relaxation dispersion of crude oils, which provides additional insight when measured alongside T1, has yet to be investigated systematically. Here we present the field dependence of T1-T2 correlations of several crude oils with disparate densities. While asphaltene and resin-containing crude oils exhibit significant T1 dispersion, minimal T2 dispersion is seen in all oils. This contrasting behavior between T1 and T2 cannot result from random molecular motions, and thus, we attribute our dispersion results to highly correlated molecular dynamics in asphaltene-containing crude oils. © 2014 WILEY-VCH Verlag GmbH & Co. KGaA, Weinheim.

  20. Optimization of crude oil degradation by Dietzia cinnamea KA1, capable of biosurfactant production.

    Science.gov (United States)

    Kavynifard, Amirarsalan; Ebrahimipour, Gholamhossein; Ghasempour, Alireza

    2016-05-01

    The aim of this study was isolation and characterization of a crude oil degrader and biosurfactant-producing bacterium, along with optimization of conditions for crude oil degradation. Among 11 isolates, 5 were able to emulsify crude oil in Minimal Salt Medium (MSM) among which one isolate, named KA1, showed the highest potency for growth rate and biodegradation. The isolate was identified as Dietzia cinnamea KA1 using morphological and biochemical characteristics and 16S rRNA gene sequencing. The optimal conditions were 510 mM NaCl, pH 9.0, 35 °C, and minimal requirement of 46.5 mM NH4 Cl and 2.10 mM NaH2 PO4 . Gravimetric test and Gas chromatography-Mass spectroscopy technique (GC-MS) showed that Dietzia cinnamea KA1 was able to utilize and degrade 95.7% of the crude oil after 5 days, under the optimal conditions. The isolate was able to grow and produce biosurfactant when cultured in MSM supplemented with crude oil, glycerol or whey as the sole carbon sources, but bacterial growth was occurred using molasses with no biosurfactant production. This is the first report of biosurfactant production by D. cinnamea using crude oil, glycerol and whey and the first study to report a species of Dietzia degrading a wide range of hydrocarbons in a short time.

  1. Naphthenic acid characterization and distribution in crude oils; Caracterizacao e distribuicao de acidos naftenicos em petroleos

    Energy Technology Data Exchange (ETDEWEB)

    Guimaraes, Regina C.L.; Gomes, Alexandre de O. [PETROBRAS S.A., Rio de Janeiro, RJ (Brazil)

    2008-07-01

    Naphthenic acid corrosion was observed for the first time during the distillation process of some kind of crude oils in 1920. Recent reports about naphthenic acid corrosion have been found in China, India, Venezuela, Eastern Europe, Russia and the USA. In Brazil, heavy and acid crude oil processing is rising. Some brazilian crude oils have TAN around 3,0 mg KOH/g. The presence of relatively high levels of naphthenic acids in crude oils is a bane of petroleum refiners; and more recently, of producers as well, who have reported problems during production with calcium and sodium naphthenate . Essentially, these acids which are found to greater or lesser extent in virtually all crude oils are corrosive and tend to cause equipment failures, lead to high maintenance costs and may pose environmental disposal problems. In order to give these information to PETROBRAS, The Research and Development Center of PETROBRAS (CENPES) has been working in house and with brazilian universities developing analytical technicians to know better molecular structures and distribution of these acids compounds in crude oils. This work presents the actual methods and some results from these developments. (author)

  2. Forecasting Crude Oil Price Using EEMD and RVM with Adaptive PSO-Based Kernels

    Directory of Open Access Journals (Sweden)

    Taiyong Li

    2016-12-01

    Full Text Available Crude oil, as one of the most important energy sources in the world, plays a crucial role in global economic events. An accurate prediction for crude oil price is an interesting and challenging task for enterprises, governments, investors, and researchers. To cope with this issue, in this paper, we proposed a method integrating ensemble empirical mode decomposition (EEMD, adaptive particle swarm optimization (APSO, and relevance vector machine (RVM—namely, EEMD-APSO-RVM—to predict crude oil price based on the “decomposition and ensemble” framework. Specifically, the raw time series of crude oil price were firstly decomposed into several intrinsic mode functions (IMFs and one residue by EEMD. Then, RVM with combined kernels was applied to predict target value for the residue and each IMF individually. To improve the prediction performance of each component, an extended particle swarm optimization (PSO was utilized to simultaneously optimize the weights and parameters of single kernels for the combined kernel of RVM. Finally, simple addition was used to aggregate all the predicted results of components into an ensemble result as the final result. Extensive experiments were conducted on the crude oil spot price of the West Texas Intermediate (WTI to illustrate and evaluate the proposed method. The experimental results are superior to those by several state-of-the-art benchmark methods in terms of root mean squared error (RMSE, mean absolute percent error (MAPE, and directional statistic (Dstat, showing that the proposed EEMD-APSO-RVM is promising for forecasting crude oil price.

  3. Finding the multipath propagation of multivariable crude oil prices using a wavelet-based network approach

    Science.gov (United States)

    Jia, Xiaoliang; An, Haizhong; Sun, Xiaoqi; Huang, Xuan; Gao, Xiangyun

    2016-04-01

    The globalization and regionalization of crude oil trade inevitably give rise to the difference of crude oil prices. The understanding of the pattern of the crude oil prices' mutual propagation is essential for analyzing the development of global oil trade. Previous research has focused mainly on the fuzzy long- or short-term one-to-one propagation of bivariate oil prices, generally ignoring various patterns of periodical multivariate propagation. This study presents a wavelet-based network approach to help uncover the multipath propagation of multivariable crude oil prices in a joint time-frequency period. The weekly oil spot prices of the OPEC member states from June 1999 to March 2011 are adopted as the sample data. First, we used wavelet analysis to find different subseries based on an optimal decomposing scale to describe the periodical feature of the original oil price time series. Second, a complex network model was constructed based on an optimal threshold selection to describe the structural feature of multivariable oil prices. Third, Bayesian network analysis (BNA) was conducted to find the probability causal relationship based on periodical structural features to describe the various patterns of periodical multivariable propagation. Finally, the significance of the leading and intermediary oil prices is discussed. These findings are beneficial for the implementation of periodical target-oriented pricing policies and investment strategies.

  4. Processing and Utilization of Naphthenic Base Heavy Crude Oil (continued)

    Institute of Scientific and Technical Information of China (English)

    Wang Xianqing; Men Cungui

    1995-01-01

    @@ Strategy of the Comprehensive Utilization of Naphthenic Base Heavy Crude The further study on the properties and characteristics of the naphthenic base heavy crude shows that the utilization of naphthenic acid, production of low freezing point lube stocks and a series of asphalts are important future trends for comprehensive utilization of these resources.

  5. Geochemical Characteristics and Origins of the Crude Oil of Triassic Yanchang Formation in Southwestern Yishan Slope, Ordos Basin

    Directory of Open Access Journals (Sweden)

    Xiaoli Zhang

    2017-01-01

    Full Text Available Biomarker compounds that derived from early living organisms play an important role in oil and gas geochemistry and exploration since they can record the diagenetic evolution of the parent materials of crude oil and reflect the organic geochemical characteristics of crude oil and source rocks. To offer scientific basis for oil exploration and exploitation for study area, gas chromatography-mass spectrometry method is applied to study the biomarker compounds of crude oil in Southwestern Yishan Slope of Ordos Basin, through qualitatively and quantitatively analyzing separated materials. The crude oil of Yanchang Formation and the source rocks of Yan’an and Yanchang Formation were collected in order to systematically analyze the characteristics of the biomarker compounds in saturated hydrocarbon fractions and clarify the organic geochemical characteristics of crude oil. The distribution and composition of various types of hydrocarbon biomarker compounds in crude oil suggest that the parent materials of crude oil are composed of hydrobiont and terrigenous plants, and the crude oil is mature oil which is formed in the weak reducing fresh water environment. Oil source correlation results show that the crude oil of Yanchang Formation in Yishan Slope is sourced from the source rocks of Chang 7 subformation.

  6. Characterization of crude and purified pumpkin seed oil.

    Directory of Open Access Journals (Sweden)

    Tsaknis, John

    1997-10-01

    Full Text Available Oil from hulled pumpkin seeds (Cucurbita pepo and Cucurbita Maxima was extracted with hot petroleum ether, and then it was degummed, neutralized and bleached, consecutively Physical and chemical characteristics of crude and purified oils were determined. Density, refractive index, viscosity and peroxide value were not affected by purification, while decreases in acidity, colour, unsaponifiable, E1%1cm 232, and oxidative stability, and increases in smoke point and E1%1cm 270 were observed. Purification did not affect the fatty acid and sterol profiles. GLC analysis for the fatty acid composition of the seed oil showed that the predominant unsaturates were linoleic (42% and oleic (38%, while the major saturates were palmitic (12,7% and stearic (6%. Only α-tocopherol was detected at a level of 126 mg/kg, which reduced to 78 mg/kg after purification. The main sterols of pumpkin seed oil unsaponifiable were Δ7.22,25 -stigmastatrien-3β-ol, α-spinasterol, Δ7,25_stigmastadienol and Δ7-avenasterol, followed by stigmasterol, 24-methylcholest-7-enol and Δ7-stigmastenol, and also trace to minor amounts of cholesterol, brassicasterol, campesterol, sitostanol, Δ5-avenasterol, erythrodiol and uvaol were found.

    Aceite de semillas de calabaza descascarada (Cucurbita pepo YCucurbita maxima fue extraído con éter de petróleo caliente, y luego desgomado, neutralizado y decolorado consecutivamente. Las características físicas y químicas de aceites crudo y purificado fueron determinadas. La densidad, el índice de refracción, la viscosidad y el índice de peróxido no se afectaron por la purificación, mientras que se observó una disminución en la acidez, color, insaponificable, E1%1cm 232, y estabilidad oxidativa, y un aumento en el punto de humo y de E1%1cm270. La purificaci

  7. Crude Oil Model Emulsion Characterised by means of Near Infrared Spectroscopy and Multivariate Techniques

    DEFF Research Database (Denmark)

    Kallevik, H.; Hansen, Susanne Brunsgaard; Sæther, Ø.

    2000-01-01

    Water-in-oil emulsions are investigated by means of multivariate analysis of near infrared (NIR) spectroscopic profiles in the range 1100 - 2250 nm. The oil phase is a paraffin-diluted crude oil from the Norwegian Continental Shelf. The influence of water absorption and light scattering...... of the water droplets are shown to be strong. Despite the strong influence of the water phase, the NIR technique is still capable of predicting the composition of the investigated oil phase....

  8. Biological evaluation of crude and degummed oil from Moringa oleifera seeds

    OpenAIRE

    Graziela de Fátima Andrade; Tânia Márcia Sacramento Melo; Cláudia Dumans Guedes; Kátia Monteiro Novack; Rinaldo Cardoso dos Santos; Marcelo Eustáquio Silva

    2011-01-01

    The aim of this work was to evaluate the oil extracted from Moringa oleifera (fam. Moringaceae) seeds from the nutritional standpoint. Nutritional evaluation of crude or degummed moringa oil or soybean oil (as a control) involved the determination of the Food Efficiency (FE) in male Fisher rats and the fatty acid composition of the moringa oil. Hepatic and renal functions were assessed by measuring serum transaminases activity and urea and creatinine concentrations, respectively. Serum choles...

  9. Crude Oil Treatment Leads to Shift of Bacterial Communities in Soils from the Deep Active Layer and Upper Permafrost along the China-Russia Crude Oil Pipeline Route

    OpenAIRE

    Sizhong Yang; Xi Wen; Liang Zhao; Yulan Shi; Huijun Jin

    2014-01-01

    The buried China-Russia Crude Oil Pipeline (CRCOP) across the permafrost-associated cold ecosystem in northeastern China carries a risk of contamination to the deep active layers and upper permafrost in case of accidental rupture of the embedded pipeline or migration of oil spills. As many soil microbes are capable of degrading petroleum, knowledge about the intrinsic degraders and the microbial dynamics in the deep subsurface could extend our understanding of the application of in-situ biore...

  10. Effects of surfactants on bacteria and the bacterial degradation of alkanes in crude oil

    Energy Technology Data Exchange (ETDEWEB)

    Bruheim, Per

    1998-12-31

    This thesis investigates the effects of surfactants on the bacterial degradation of alkanes in crude oil. Several alkane oxidising Gram positive and Gram negative were tested for their abilities to oxidise alkanes in crude oil emulsified with surfactants. The surfactants used to make the oil in water emulsions were either of microbial or chemical origin. Oxidation rates of resting bacteria oxidising various crude oil in water emulsions were measured by Warburg respirometry. The emulsions were compared with non-emulsified oil to see which was the preferred substrate. The bacteria were pregrown to both the exponential and stationary phase of growth before harvesting and preparation for the Warburg experiments. 123 refs., 4 figs., 14 tabs.

  11. Evaluation of Tectona grandis (Linn. and Gmelina arborea (Roxb. for Phytoremediation in Crude Oil Contaminated Soils

    Directory of Open Access Journals (Sweden)

    Oghenerioborue Mary Agbogidi

    2007-06-01

    Full Text Available A study on the effectiveness of Tectona grandis and Gmelina arborea as forest species for the phyto- remediation of crude oil contaminated soils showed that both plants responded differently to the crude oil effects. Although the plant height, number of leaves, leaf area, plant girth and the dry biomass of the test plants were significantly P≥0.05 affected at higher levels of oil treatments 10% and 15%, the 1% and 5% levels of contamination did not significantly P≤0.05 differ from the seedlings planted in the uncontaminated soils. T. grandis and G. arborea as shown in this study could be good species for phyto- remediation of crude oil contaminated habitats due to oil exploration and exploitation especially at low concentrations.

  12. Determining Optimal Crude Oil Price Benchmark in Nigeria: An Empirical Approach

    Directory of Open Access Journals (Sweden)

    Saibu Olufemi Muibi

    2015-12-01

    Full Text Available This paper contributes to on-going empirical search for an appropriate crude oil price benchmark that ensures greater financial stability and efficient fiscal management in Nigeria. It adopted the seasonally adjusted ARIMA forecasting models using monthly data series from 2000m01 to 2012m12 to predict future movement in Nigeria crude oil prices. The paper derived a more robust and dynamic framework that accommodates fluctuation in crude oil price and also in government spending. The result shows that if the incessant withdrawal from the ECA fund and the increasing debt profile of government in recent times are factored into the benchmark, the real crude oil numerical fiscal rule is (US$82.3 for 2013 which is higher than the official benchmark of $75 used for 2013 and 2014 budget proposal. The paper argues that the current long run price rule based on 5-10 year moving average approach adopted by government is rigid and inflexible as a rule for managing Nigerian oil funds. The unrealistic assumption of the extant benchmark accounted for excessive depletion and lack of accountability of the excess crude oil account. The paper concludes that except the federal government can curtail its spending profligacy and adopts a more stringent fiscal discipline rules, the current benchmark is unrealistic and unsuitable for fiscal management of oil revenue in the context of Nigerian economic spending profile.

  13. Tracking Catalytic Esterification of Naphthenic Acids in Crude Oil by ESI FT-ICR MS

    Institute of Scientific and Technical Information of China (English)

    Li Xiaohui; Wu Bencheng; Zhu Jianhua; Tao Xiujuan

    2016-01-01

    The catalytic esterification reaction was used to decrease total acid number (TAN) of crude oil by converting naphthenic acids to naphthenic acid esters in the presence of Zn-Al hydrotalcite used as the catalyst and glycol used as the reactant. The crude oil and its corresponding esterified oil were characterized by the negative-ion electrospray ionization (ESI) Fourier transform ion cyclotron resonance mass spectrometry (FT-ICR MS). Six acidic class species, O2, O1, N1, N2, N1O1 and N1O2 were assigned in the negative-ion spectrum both in the crude oil and its esterified oil. Among the identified acidic compounds, the O2 class was dominant. The relative abundance of O2 class species was much higher than other acidic class species in crude oil, while it was significantly decreased after esterification. The most abundant O2 class species had a car-bon number of 30-34 and a double-bond equivalence (DBE) value of 5 before and after esterification. It could be concluded that the naphthenic acids in crude oil can be esterified to lower its TAN value, and each of them seems to exhibit identical esterification efficiency approximately due to the similar DBE versus the -carbon number distribution before and after es-terification.

  14. Crude oil exposures reveal roles for intracellular calcium cycling in haddock craniofacial and cardiac development

    Science.gov (United States)

    Sørhus, Elin; Incardona, John P.; Karlsen, Ørjan; Linbo, Tiffany; Sørensen, Lisbet; Nordtug, Trond; van der Meeren, Terje; Thorsen, Anders; Thorbjørnsen, Maja; Jentoft, Sissel; Edvardsen, Rolf B.; Meier, Sonnich

    2016-08-01

    Recent studies have shown that crude oil exposure affects cardiac development in fish by disrupting excitation-contraction (EC) coupling. We previously found that eggs of Atlantic haddock (Melanogrammus aeglefinus) bind dispersed oil droplets, potentially leading to more profound toxic effects from uptake of polycyclic aromatic hydrocarbons (PAHs). Using lower concentrations of dispersed crude oil (0.7-7 μg/L ∑PAH), here we exposed a broader range of developmental stages over both short and prolonged durations. We quantified effects on cardiac function and morphogenesis, characterized novel craniofacial defects, and examined the expression of genes encoding potential targets underlying cardiac and craniofacial defects. Because of oil droplet binding, a 24-hr exposure was sufficient to create severe cardiac and craniofacial abnormalities. The specific nature of the craniofacial abnormalities suggests that crude oil may target common craniofacial and cardiac precursor cells either directly or indirectly by affecting ion channels and intracellular calcium in particular. Furthermore, down-regulation of genes encoding specific components of the EC coupling machinery suggests that crude oil disrupts excitation-transcription coupling or normal feedback regulation of ion channels blocked by PAHs. These data support a unifying hypothesis whereby depletion of intracellular calcium pools by crude oil-derived PAHs disrupts several pathways critical for organogenesis in fish.

  15. Effects of Iranian crude oil on the Red Sea octocoral Heteroxenia fuscescens

    Energy Technology Data Exchange (ETDEWEB)

    Cohen, Y. (Hebrew Univ., Jerusalem); Nissenbaum, A.; Eisler, R.

    1977-03-01

    Acute toxicity and sublethal effects of Iranian crude oil on colonies of the Red Sea octocoral Heteroxenia fuscescens were studied under static and continuous flow assay conditions. Static toxicity bioassays conducted in 3 litre jars at 41/sup 0///sub 00/ salinity showed that the concentration of crude oil fatal to 50 percent of the test colonies in 96 h was 12 ml/litre. Colonies surviving exposure to high sublethal levels of crude oil were adversely affected both during treatment and afterwards. Tank tests conducted in 1500 litre, deep (2 m) containers and flowing sea water demonstrated that Heteroxenia were more resistant to crude oil than when assayed in jars; no deaths were observed in tanks during exposure for 168 h to initial concentrations of 10 ml/litre (15 litres added at surface). The number of colonies exhibiting signs of stress decreased with increasing distance from the oil film at the surface. Gas chromatographic analysis showed that petroleum derived hydrocarbons were incorporated into tissues. The highest level of pollutant hydrocarbons found in these colonies was about 1 percent of their endogenic hydrocarbon content. It is concluded that while crude oil may not be acutely toxic to Heteroxenia, exposure to high sublethal oil levels may result in long term deleterious effects.

  16. Molecular characterization of organically bound sulphur in crude oils. A feasibility study for the application of Raney Ni desulphurization as a new method to characterize crude oils

    NARCIS (Netherlands)

    Sinninghe Damsté, J.S.; Rijpstra, W.I.C.; Leeuw, J.W. de; Lijmbach, G.W.M.

    1994-01-01

    Five crude oils with varying sulfur contents (0.1 – 4.7%) were characterized on a molecular level for organically-bound sulfur. Aromatic fractions were analyzed by GC-(MS) and asphaltene and polar fractions were analyzed by flash pyrolysis-GC-(MS). The polar fractions were also desulfurized with Ran

  17. A Qualitative Approach of Identifying Major Cost Influencing Factors in Palm Oil Mills and the Relations towards Production Cost of Crude Palm Oil

    Directory of Open Access Journals (Sweden)

    Elaine L.Y. Man

    2011-01-01

    Full Text Available Problem statement: The oil palm industry, which heavily depends on the world market, is an export oriented industry. Worlds palm oil consumption was growing over the years. In addition, Indonesia and Malaysia dominated the oil palm industry. The oil palm industry in Malaysia is very competitive and become one of the major economic sectors contributing to the total revenue of the country. In year 2009, there was a total of 22.40 million tons of oil palm products including palm oil, palm kernel oil, palm kernel cake, oleo-chemicals and finished products, equivalent to RM 49.59 billion of export revenue. However, cost of production for Crude Palm Oil (CPO varies in a big gap. Therefore, it is essential to identify the major cost influencing factors in the production of CPO. Approach: The study system started with collection of Fresh Fruits Bunches (FFB from oil palm plantation to the production of CPO at palm oil mills. Two palm oil mills of different production capacity were chosen for this study. Statistical analysis was done to identify the major cost influencing factors of production cost for CPO. Results: The production cost of CPO for small scale palm oil mills preferably lied between RM 45 to RM 50 per metric tons while large scale palm oil mills lied below RM 45 per metric tons. Conclusion: Palm oil mills with higher production capacity were efficient in producing CPO than lower production capacity palm oil mills. Thus, the production cost of CPO was lower compared to that of small scale palm oil mills.

  18. Characterization of Biosurfactant Produced during Degradation of Hydrocarbons Using Crude Oil As Sole Source of Carbon

    Science.gov (United States)

    Patowary, Kaustuvmani; Patowary, Rupshikha; Kalita, Mohan C.; Deka, Suresh

    2017-01-01

    Production and spillage of petroleum hydrocarbons which is the most versatile energy resource causes disastrous environmental pollution. Elevated oil degrading performance from microorganisms is demanded for successful microbial remediation of those toxic pollutants. The employment of biosurfactant-producing and hydrocarbon-utilizing microbes enhances the effectiveness of bioremediation as biosurfactant plays a key role by making hydrocarbons bio-available for degradation. The present study aimed the isolation of a potent biosurfactant producing indigenous bacteria which can be employed for crude oil remediation, along with the characterization of the biosurfactant produced during crude oil biodegradation. A potent bacterial strain Pseudomonas aeruginosa PG1 (identified by 16s rDNA sequencing) was isolated from hydrocarbon contaminated soil that could efficiently produce biosurfactant by utilizing crude oil components as the carbon source, thereby leading to the enhanced degradation of the petroleum hydrocarbons. Strain PG1 could degrade 81.8% of total petroleum hydrocarbons (TPH) after 5 weeks of culture when grown in mineral salt media (MSM) supplemented with 2% (v/v) crude oil as the sole carbon source. GCMS analysis of the treated crude oil samples revealed that P. aeruginosa PG1 could potentially degrade various hydrocarbon contents including various PAHs present in the crude oil. Biosurfactant produced by strain PG1 in the course of crude oil degradation, promotes the reduction of surface tension (ST) of the culture medium from 51.8 to 29.6 mN m−1, with the critical micelle concentration (CMC) of 56 mg L−1. FTIR, LC-MS, and SEM-EDS studies revealed that the biosurfactant is a rhamnolipid comprising of both mono and di rhamnolipid congeners. The biosurfactant did not exhibit any cytotoxic effect to mouse L292 fibroblastic cell line, however, strong antibiotic activity against some pathogenic bacteria and fungus was observed. PMID:28275373

  19. Crude oil and alternate energy production forecasts for the twenty-first century: The end of the hydrocarbon era

    Energy Technology Data Exchange (ETDEWEB)

    Edwards, J.D. [Univ. of Colorado, Boulder, CO (United States)

    1997-08-01

    Predictions of production rates and ultimate recovery of crude oil are needed for intelligent planning and timely action to ensure the continuous flow of energy required by the world`s increasing population and expanding economies. Crude oil will be able to supply increasing demand until peak world production is reached. The energy gap caused by declining conventional oil production must then be filled by expanding production of coal, heavy oil and oil shales, nuclear and hydroelectric power, and renewable energy sources (solar, wind, and geothermal). Declining oil production forecasts are based on current estimated ultimate recoverable conventional crude oil resources of 329 billion barrels for the United States and close to 3 trillion barrels for the world. Peak world crude oil production is forecast to occur in 2020 at 90 million barrels per day. Conventional crude oil production in the United States is forecast to terminate by about 2090, and world production will be close to exhaustion by 2100.

  20. Multivariate FIGARCH and long memory process: evidence of oil price markets

    Directory of Open Access Journals (Sweden)

    Nadhem Selmi

    2015-09-01

    Full Text Available Oil price markets can benefit from a better considerate of how shocks can affect volatility through time. This study assesses the impact of structural changes and outliers on volatility persistence of two crude oil markets WTI and Brent oil price between January 1, 1996 and March 17, 2014. First, we identify the FIGARCH process proposed by Baillie et al. (1996 [Baillie, R.T., Bollerslev, T., & Mikkelsen, H.O., (1996, Fractionally integrated generalized autoregressive conditional heteroscedasticity. Journal of Econometrics, 74, 3-30.] and investigate some of its statistical proprieties and then incorporate this information into the volatility modelling. We also show that outliers can bias the estimation of the persistence of the volatility. Taking into account outliers on the volatility modelling process improve the understanding of volatility in crude oil markets.

  1. EFFECT OF OIL TEMPERATURE ON THE WAX DEPOSITION OF CRUDE OIL WITH COMPOSITION ANALYSIS

    Directory of Open Access Journals (Sweden)

    Qing Quan

    Full Text Available Abstract Wax deposition behavior was investigated in a set of one-inch experiment flow loops, using a local crude oil with high wax content. The temperature of the oil phase is chosen as a variable parameter while the temperature of the coolant media is maintained constant. Detailed composition of the deposit is characterized using High Temperature Gas Chromatography. It was found that the magnitude of the diffusion of the heavier waxy components (C35-C50 decreases when the oil temperature decreases, but the magnitude of the diffusion of the lighter waxy components increases. This result means that the diffusion of wax molecules shifts towards lower carbon number, which further proves the concept of molecular diffusion. Meanwhile, a meaningful phenomenon is that the mass of the deposit increases with the oil temperature decrease, which definitely proves the influence of wax solubility on deposition, while the formation of an incipient gel layer reflects the fact that an increase in the mass of the deposit does not mean a larger wax percentage fraction at lower oil temperature.

  2. Stable carbon isotope composition of monoterpanes in essential oils and crude oils

    Institute of Scientific and Technical Information of China (English)

    2010-01-01

    Twenty-five monoterpanes from six types of essential oils and hydrogenated turpentine oil have been identified and their stable carbon isotope composition determined.Monoterpanes in essential oils sourced from terrestrial higher plants display a δ13C value in the range of-34‰-26‰,and mostly between-29‰ and-27‰.The δ13C value of any single monoterpane is very consistent in different essential oils.Acyclic monoterpanes show closer isotope composition between-28.6‰ and-26.2‰,with an average value of-27.7‰.In contrast,the isotope composition of cyclic monoterpanes is more scattered with an average value of-28.6‰.Isotopic fractionation with 13C enrichment has been observed during both artificial and geological hydrogenation of monoterpenoids to monoterpanes,and this is more obvious for the acyclic monoterpenoids.In addition to higher plants,acyclic monoterpane 2,6-dimethylheptane in crude oil can also be originated from other organic inputs.

  3. Agricultural and oil commodities: price transmission and market integration between US and Italy

    Directory of Open Access Journals (Sweden)

    Franco Rosa

    2014-08-01

    Full Text Available Purpose of this article it to get some evidences of market interaction between United States and Italy using the time series analysis of spot prices spanning from January 1999 to May 2012 for crude oil and three ag-commodities: wheat, corn and soybean. These crops have been selected for their relevance in ag-commodity exchanges between US and Italy markets. The integration between US and Italy agricultural markets is hypothesized for the consistent volume of crop traded between these two countries while the price transmission is related to the leading price signals of the CBT (Chicago Board of Trade. The integration between oil and ag-commodity markets is suggested both by the large use of energy intensive inputs, (fertilizer, seed, machinery in production of these ag-commodities, and their use in biofuel production. The results suggest: a for US market the evidence of market integration between crude oil and US ag-commodities; b for Italy the integration with US ag-commodity markets and less evidence of integration with the oil market. These results are valuable information both for the agents and policy makers contributing to improve the information accuracy to predict the price movements used by marketing operators for their strategies and policy makers to set up policies to re-establish conditions of market efficiency and allocate these ag-commodities in alternative market channels.

  4. The research on financialization of commodity market to price undulatory property—A case study on the New York Mercantile Exchange (NYMEX) WTI crude oil%商品市场的金融化对价格波动性的影响研究——以纽约商品交易所(NYMEX)WTI原油为例

    Institute of Scientific and Technical Information of China (English)

    张华

    2012-01-01

    This paper is committed to the financialization of commodity markets affect the price volatility, especially with respect to hedging transactions, speculative trading will affect the price volatility. In terms of the empirical application, we considered that the variable is a crude oil futures prices, we used the New York Mercantile Exchange (NYMEX) WTI crude oil-related data, the net position of non-commercial participants in the net spread, non-commercial participants, non-the total commercial positions of the participants, non-commercial participants" positions and positions the ratio of the total, and the ratio of the positions and non-commercial participants in the futures market trading volume. The empirical studies have shown that non-commercial participants, speculation will increase the volatility of oil prices. Or put it in a broader concept, the financialization of oil makes the oil more like an investment tool rather than a commodity, and increased its price volatility. Secondly, the market price trend will be some common views, the price will enter a more stable channel after a period of frequent trading. Of course, this may be due to data issues need to be further argument.%本文致力于研究商品市场的金融化如何影响价格的波动性,特别是相对于对冲交易,投机交易将如何影响价格的波动性。在本文的实证应用方面,我们考虑的变量是原油期货价格,在这里我们使用纽约商品交易所(NYMEX)WTI原油相关的数据,非商业参与者的净价差,非商业参与者的净头寸,非商业参与者的头寸总额,非商业参与者的头寸和头寸总额的比率,和非商业参与者的头寸和期货市场交易量的比率。实证研究表明,非商业参与者的投机活动将会增加石油价格的波动性。或者把它放人一个更广泛的概念,石油的金融化使得石油更像是一种投资工具而不是一种商品,并增加了其价格的波动性

  5. Effect of biosurfactants on crude oil desorption and mobilization in a soil system

    Energy Technology Data Exchange (ETDEWEB)

    Kuyukina, M.S.; Ivshina, I.B. [Ural Branch of the Russian Academy of Sciences, Perm (Russian Federation). Institute of Ecology and Genetics of Microorganisms; Makarov, S.O.; Litvinenko, L.V. [Perm State University, Perm (Russian Federation); Cunningham, C.J. [University of Edinburgh (United Kingdom). Contaminated Land Assessment and Remediation Research Centre; Philp, J.C. [Napier University, Edinburgh (United Kingdom). School of Life Sciences

    2005-02-01

    Microbially produced biosurfactants were studied to enhance crude oil desorption and mobilization in model soil column systems. The ability of biosurfactants from Rhodococcus ruber to remove the oil from the soil core was 1.4-2.3 times greater than that of a synthetic surfactant of suitable properties, Tween 60. Biosurfactant-enhanced oil mobilization was temperature-related, and it was slower at 15{sup o}C than at 22-28{sup o}C. Mathematical modelling using a one-dimensional filtration model was applied to simulate the process of oil penetration through a soil column in the presence of (bio)surfactants. A strong positive correlation (R{sup 2} = 0.99) was found between surfactant penetration through oil-contaminated soil and oil removal activity. Biosurfactant was less adsorbed to soil components than synthetic surfactant, thus rapidly penetrating through the soil column and effectively removing 65-82% of crude oil. Chemical analysis showed that crude oil removed by biosurfactant contained a lower proportion of high-molecular-weight paraffins and asphaltenes, the most nonbiodegradable compounds, compared to initial oil composition. This result suggests that oil mobilized by biosurfactants could be easily biodegraded by soil bacteria. Rhodococcus biosurfactants can be used for in situ remediation of oil-contaminated soils. (author)

  6. Petroleum marketing monthly

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1995-11-01

    The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners` acquisition cost of crude oil. Refined petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. The Petroleum Marketing Division, Office of Oil and Gas, Energy Information Administration ensures the accuracy, quality, and confidentiality of the published data.

  7. Medium-Term Oil Market Report 2013: Market Trends and Projections to 2018

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2013-06-01

    The global oil market will undergo sweeping changes over the next five years. The 2013 Medium-Term Oil Market Report evaluates the impact of these changes on the global oil system by 2018 based on all that we know today – current expectations of economic growth, existing or announced policies and regulations, commercially proven technologies, field decline rates, investment programmes (upstream, midstream and downstream), etc. The five-year forecast period corresponds to the length of the typical investment cycle and as such is critical to policymakers and market participants. This Report shows, in detailed but concise terms, why the ongoing North American hydrocarbon revolution is a ''game changer''. The region’s expected contribution to supply growth, however impressive, is only part of the story: Crude quality, infrastructure requirements, current regulations, and the potential for replication elsewhere are bound to spark a chain reaction that will leave few links in the global oil supply chain unaffected. While North America is expected to lead medium-term supply growth, the East-of- Suez region is in the lead on the demand side. Non-OECD oil demand, led by Asia and the Middle East, looks set to overtake the OECD for the first time as early as 2Q13 and will widen its lead afterwards. Non-OECD economies are already home to over half global refining capacity. With that share only expected to grow by 2018, the non-OECD region will be firmly entrenched as the world’s largest crude importer. These and other changes are carefully laid out in this Report, which also examines recent and future changes in global oil storage, shifts in OPEC production capacity and crude and product trade, and the consequences of the ongoing refinery construction boom in emerging markets and developing economies. It is required reading for anyone engaged in policy or investment decision-making in the energy sphere, and those more broadly interested in the oil

  8. A METHODOLOGY FOR THE CHOICE OF THE BEST FITTING CONTINUOUS-TIME STOCHASTIC MODELS OF CRUDE OIL PRICE: THE CASE OF RUSSIA

    Directory of Open Access Journals (Sweden)

    Hamidreza Mostafaei

    2013-01-01

    Full Text Available In this study, it has been attempted to select the best continuous- time stochastic model, in order to describe and forecast the oil price of Russia, by information and statistics about oil price that has been available for oil price in the past. For this purpose, method of The Maximum Likelihood Estimation is implemented for estimation of the parameters of continuous-time stochastic processes. The result of unit root test with a structural break, reveals that time series of the crude oil price is a stationary series. The simulation of continuous-time stochastic processes and the mean square error between the simulated prices and the market ones shows that the Geometric Brownian Motion is the best model for the Russian crude oil price.

  9. Strategic and tactical mathematical programming models within the crude oil supply chain context : A review

    NARCIS (Netherlands)

    Sahebi, H.; Nickel, S.; Ashayeri, J.

    2014-01-01

    In today's business world, oil companies cannot be productive and competitive, and, thus, will not survive without taking the supply chain management concepts into account. Consequently, the management of a Crude Oil Supply Chain (COSC) is increasingly receiving substantial importance. The growing n

  10. Stability of crude herring oil produced from fresh byproducts : influence of temperature during storage

    NARCIS (Netherlands)

    Aidos, I.; Lourenco, S.; Padt, van der A.; Luten, J.B.; Boom, R.M.

    2002-01-01

    Crude herring oil, extracted from fresh byproducts, was stored at 0, 20, and 50°C in order to study the effect of temperature on lipid oxidation. The oil had an initial peroxide value (PV), anisidine value (AV), and free fatty acids of 0.7 meq peroxides/kg of lipid, 0.4, and 0.6%, respectively. Duri

  11. 33 CFR 157.172 - Limitations on grades of crude oil carried.

    Science.gov (United States)

    2010-07-01

    ... § 157.10c(b)(2) does not have segregated ballast tanks or dedicated clean ballast tanks that meet § 157... HOMELAND SECURITY (CONTINUED) POLLUTION RULES FOR THE PROTECTION OF THE MARINE ENVIRONMENT RELATING TO TANK VESSELS CARRYING OIL IN BULK Crude Oil Washing (COW) System on Tank Vessels Cow Operations §...

  12. Reduction of Sulphur Content of Urals Crude Oil Prior to Processing ...

    African Journals Online (AJOL)

    As such, the safety of the personnel and the equipment is at high risk during the processing of Urals crude oil in ... products on automotive and combustion engines. This has led to the ... important task of oil refining industry (Zhanget al.,. 2009).

  13. Determination of cadmium, zinc, copper chromium and arsenic in crude oils

    NARCIS (Netherlands)

    Stigter, J.B.; Haan, H.P.M. de; Guicherit, R.

    1998-01-01

    One of the sources of trace heavy metal elements in air are emissions by the oil industry, either directly through stack emissions from refineries or indirectly from emissions of combustion of hydrocarbons. Emission estimates are based mainly on the trace metal content of the crude oil processed. Fr

  14. The potential of cyanobacterium Schizothrix vaginata ISC108 in biodegradation of crude oil

    Directory of Open Access Journals (Sweden)

    M Safari

    2014-05-01

    Conclusions: It was found that cyanobacterium Schizothrix vaginata ISC108 has great potential in biodegradation of crude oil. Therefore, since oil is a product toxic to biological systems and is one of the main pollutants of bioecosystem, it has a great potential to be used as an indicator to eliminate pollution in contaminated areas.

  15. Mathematical Model of Sorption Kinetics of Crude Oil by Rubber Particles from Scrap Tyres

    Directory of Open Access Journals (Sweden)

    Felix A. AISIEN

    2011-06-01

    Full Text Available This paper present an insight into how rubber particles from scrap tyres can be utilized to clean up oil spillages as well as how the process of sorption of crude oil by rubber particles can be stimulated based on sorption kinetics. Crude oil sorption tests using recycled rubber particles (a model absorbent were designed for investigating crude oil concentration profiles. The model based on a linear driving force (LDF was developed using a set of experimental data and multiple regression analysis. The crude oil sorption performance tests were conducted under various operating conditions by varying parameters such as rubber particle size and absorption temperature. The predictive capacity of the kinetic model was evaluated under conditions significantly different from those that have already been measured. The experimental results obtained previously were correlated with the first order sorption kinetics model developed. The results showed that the first order kinetics model accurately correlate the experimental data generated. Also, satisfactory results were obtained from simulation of other operating conditions; hence the crude oil sorption kinetics is first order.

  16. AN ASSESSMENT OF THE EFFECTS OF CRUDE OIL POLLUTION ON SOIL PROPERTIES

    Directory of Open Access Journals (Sweden)

    Mariana Marinescu

    2010-01-01

    Full Text Available Pollution caused by crude oil is the most prevalent problem in the environment. The release of crude oil into theenvironment by oil spills is receiving worldwide attention. The effect of crude oil pollution on soil properties wasinvestigated by achieving a case study in Perisoru, Braila County. It has been achieved a profile until 120 cm and soilsamples were collected according to the methodology and analyzed for some physical and chemical properties. In caseof physical analysis, the values obtained for granulometric fractions were not influenced by the presence of crude oil.Results obtained showed variation in chemical properties of soil. Organic carbon increased from 2.23% for anunpolluted soil to 5.51% in polluted soil. C/N ratios increased from 13.01 for an unpolluted soil to 20.54 in pollutedsoil. Mobile phosphorous and potassium registered in polluted soil similar values with the one characteristic forunpolluted soil. Crude oil at high pollution levels inhibited the growth of crops.

  17. Kinetic Models Study of Hydrogenation of Aromatic Hydrocarbons in Vacuum Gas Oil and Basrah Crude Oil Reaction

    Directory of Open Access Journals (Sweden)

    Muzher M. Ibraheem

    2013-05-01

    Full Text Available             The aim of this research is to study the kinetic reaction models for catalytic hydrogenation of aromatic content for Basrah crude oil (BCO and vacuum gas oil (VGO derived from Kirkuk crude oil which has the boiling point rang of (611-833K.            This work is performed using a hydrodesulphurization (HDS pilot plant unit located in AL-Basil Company. A commercial (HDS catalyst cobalt-molybdenum (Co-Mo supported in alumina (γ-Al2O3 is used in this work. The feed is supplied by North Refinery Company in Baiji. The reaction temperatures range is (600-675 K over liquid hourly space velocity (LHSV range of (0.7-2hr-1 and hydrogen pressure is 3 MPa with H2/oil ratio of 300 of Basrah Crude oil (BCO, while the corresponding conditions for vacuum gas oil (VGO are (583-643 K, (1.5-3.75 hr-1, 3.5 MPa and 250  respectively .            The results showed that the reaction kinetics is of second order for both types of feed. Activation energies are found to be 30.396, 38.479 kJ/mole for Basrah Crude Oil (BCO and Vacuum Gas Oil (VGO respectively.

  18. Determination of petroleum sulfonates in crude oil by column-switching anion-exchange chromatography

    Institute of Scientific and Technical Information of China (English)

    Liang Zhao; Xu Long Cao; Hong Yan Wang; Xia Liu; Sheng Xiang Jiang

    2008-01-01

    A column-switching anion-exchange chromatography method was described for the separation and determination of petroleum monosulfonates (PMS)and petroleum disulfonates (PDS)in crude oil that was simply diluted with the dichloromethane/methanol (60140).The high performance liquid chromatography (HPLC)system consisted of a clean-up column and an analytical column,which were connected with two six-port switching valves.Detection of petroleum sulfonates was available and repeatable.This method has been successfully applied to determine PMS and PDS in crude oil samples from Shengli oil field.

  19. Evaluation of Tectona grandis (Linn.) and Gmelina arborea (Roxb.) for Phytoremediation in Crude Oil Contaminated Soils

    OpenAIRE

    Oghenerioborue Mary Agbogidi; Efemena Dickens Dolor; Ebere Mercy Okechukwu

    2007-01-01

    A study on the effectiveness of Tectona grandis and Gmelina arborea as forest species for the phyto- remediation of crude oil contaminated soils showed that both plants responded differently to the crude oil effects. Although the plant height, number of leaves, leaf area, plant girth and the dry biomass of the test plants were significantly P≥0.05 affected at higher levels of oil treatments 10% and 15%, the 1% and 5% levels of contamination did not significantly P≤0.05 differ from the seedlin...

  20. Influence of Sweet Crude Oil on Nucleation and Corrosion Resistance of Calcareous Deposits

    Science.gov (United States)

    Hoseinieh, S. M.; Shahrabi, T.; Ramezanzadeh, B.; Farrokhi Rad, M.

    2016-11-01

    The influence of sweet crude oil on calcareous scale deposition under cathodic protection of carbon steel in artificial seawater was investigated using chronoamperometry, electrochemical impedance spectroscopy, scanning electron microscope/energy-dispersive spectroscopy, x-ray diffraction and Raman spectroscopy. In the presence of crude oil, calcareous deposit formation is influenced in terms of both kinetic and nucleation mostly in high volume concentrations. It is indicated that the CaCO3 deposition is hindered by absorption of active surface compounds present in oil on to the surface mainly due to strong covalent bonding of aromatic compounds.

  1. The market and the economics of large oil tankers

    Energy Technology Data Exchange (ETDEWEB)

    Golomer, O.

    1996-12-31

    The document aims to assist decision makers in the tanker industry to make effective management strategies for the future deployment of Very Large Crude Carriers (VLCC) in a time of financial uncertainty and environmental awareness. The VLCC market is described and the factors influencing decision-makers are discussed. Financial considerations including shipping assets and company financial security are reviewed together with the financial implications of operating VLCCs. Environmental pressures, such as international regulations an oil pollution reduction measures are then discussed. The document closes with a review of decision-making for shipowning companies in this complex milieu. (UK)

  2. Characterization of crude oils and petroleum products: (I Elution liquid chromatographic separation and gas chromatographic analysis of crude oils and petroleum products

    Directory of Open Access Journals (Sweden)

    E.O. Odebunmi

    2002-12-01

    Full Text Available Some physical and chemical properties of samples of light, medium and heavy Nigerian crude oils and petroleum products including gasoline, kerosene and engine oil have been measured and are reported in this paper. The crude oils and petroleum products have also been characterized by fractional distillation and elution liquid chromatography. The fractions obtained from elution liquid chromatography were analyzed using gas chromatography (GC. The GC fractions were identified by comparing the retention time of peaks in the unknown samples with those of components of calibration standard mixtures. The importance of the physico-chemical properties and the significance of the fractional distillation and chromatographic separation methods to industrial process operations have been discussed.

  3. Biodegradation of Bonnylight crude oil by locally isolated fungi from oil contaminated soils in Akure, Ondo state

    Directory of Open Access Journals (Sweden)

    Ekundayo, F.O.

    2012-01-01

    Full Text Available Aim: This present investigation was conducted to determine the capability of fungi isolated from soil samples collected from two automobile workshopsto bioremediate Bonnylight crude oil.Methodology and Results: The fungi present on the soil samples collected from two automobile workshops in Akure, Nigeria were investigated using standard microbiological techniques. These fungal isolates were screened for the ability to degrade Bonnylight crude oil. The bioremediation of Bonnylight crude oil was observed spectrophotometrically using the broth culture (non- harvested cells and harvested cells of the fungi isolated from the contaminated sites for a period of 20 days on minimal salt broth. Mycotypha microspora, Penicllium italicum, Botryris cinerea, Gliocladium deliquescence, Verticillium albo–atrum and Aspergillus niger were isolated from the contaminated site while Neurospora crassa, A. parasiticus, A. niger and Gonatobotryum apiculatum were isolated from uncontaminated sites. All the fungal isolates were capable of active degradation in varying degrees.Conclusion: The study shows that all the isolated fungi were capable of degrading the crude oil in varying degrees. The active crude oil utilizing fungi in this study were Aspergillus niger (both harvested and non harvested cells and Gliocladium deliquescence (non harvested cells and Penicillium italicum (harvested cells. Aspergillus niger has best degrading ability than other fungi in non harvested and harvested cell condition. However, non harvested cells recorded the higher degradative ability than harvested cells. Therefore, non harvested cells can be employed in bioremediation of Bonnylight crude oil.Significance and Impact of Study: The fungi isolated from automobile mechanic workshops contaminated soil can be exploited in the bioremediation of Bonny Light crude oil.

  4. U.S. crude oil, natural gas, and natural gas liquids reserves 1997 annual report

    Energy Technology Data Exchange (ETDEWEB)

    Wood, John H.; Grape, Steven G.; Green, Rhonda S.

    1998-12-01

    This report presents estimates of proved reserves of crude oil, natural gas, and natural gas liquids as of December 31, 1997, as well as production volumes for the US and selected States and State subdivisions for the year 1997. Estimates are presented for the following four categories of natural gas: total gas (wet after lease separation), nonassociated gas and associated-dissolved gas (which are the two major types of wet natural gas), and total dry gas (wet gas adjusted for the removal of liquids at natural gas processing plants). In addition, reserve estimates for two types of natural gas liquids, lease condensate and natural gas plant liquids, are presented. Also included is information on indicated additional crude oil reserves and crude oil, natural gas, and lease condensate reserves in nonproducing reservoirs. A discussion of notable oil and gas exploration and development activities during 1997 is provided. 21 figs., 16 tabs.

  5. US crude oil, natural gas, and natural gas liquids reserves, 1992 annual report

    Energy Technology Data Exchange (ETDEWEB)

    1993-10-18

    This report presents estimates of proved reserves of crude oil, natural gas, and natural gas liquids as of December 31, 1992, as well as production volumes for the United States, and selected States and State subdivisions for the year 1992. Estimates are presented for the following four categories of natural gas: total gas (wet after lease separation), its two major components (nonassociated and associated-dissolved gas), and total dry gas (wet gas adjusted for the removal of liquids at natural gas processing plants). In addition, two components of natural gas liquids, lease condensate and natural gas plant liquids, have their reserves and production data presented. Also included is information on indicated additional crude oil reserves and crude oil, natural gas, and lease condensate reserves in nonproducing reservoirs. A discussion of notable oil and gas exploration and development activities during 1992 is provided.

  6. Sterane and terpane in the crude oil and source rock of the Beijing and Tianjin region

    Energy Technology Data Exchange (ETDEWEB)

    Zhang, Z.; Chen, X.; Zeng, X.

    1981-01-01

    Based on the study of the chromatogram of terpane m/e 191 fragment, the 5 types of crude oil from the Beijing and Tianjin region are divided into two groups, one with abundant terpane and the other with only a small amount of terpane. It is believed that the oil in the third member of Shahejie Formation (Es/sub 3/) comes primarily from the Es/sub 3/ source rock, and the crude oil in the fourth member of Shahejie (Es/sub 4/)-Kongdian Formation and the buried hill comes from Es/sub 4/-Kongdian source rock. By using the parameters of sterane isomers, 4 sources are determined for the crude oil of the region, among which 4 are of a single origin and 1 of mixed origin.

  7. Biodegradation of crude oil and n-alkanes by fungi isolated from Oman

    Energy Technology Data Exchange (ETDEWEB)

    Elshafie, Abdulkadir [Department of Biology, College of Science, Sultan Qaboos University, P.O. Box 36 Al Khod, Muscat (Oman)], E-mail: Elshafie@squ.edu.om; AlKindi, Abdulaziz Yahya [Department of Biology, College of Science, Sultan Qaboos University, P.O. Box 36 Al Khod, Muscat (Oman); Al-Busaidi, Sultan [Oman Refinery Company Laboratories, LLC, P.O. Box 3568 Ruwi PC112 (Oman); Bakheit, Charles [Department of Mathematics and Statistics, College of Science, Sultan Qaboos University, P.O. Box 36 Al Khod, Muscat (Oman); Albahry, S.N. [Department of Biology, College of Science, Sultan Qaboos University, P.O. Box 36 Al Khod, Muscat (Oman)

    2007-11-15

    Ten fungal species isolated from tar balls collected from the beaches of Oman were tested for their abilities to grow and degrade n-alkanes and crude oil. The abilities of Aspergillus niger, A. ochraceus and Penicillium chrysogenum to degrade n-alkanes (C13-C18), crude oil were compared and their mycelial biomass was measured. Significant differences were found in the utilization of C15, C16, C17 and C18 by the three fungi. Similarly, significant differences we found in the amount of biomass produced by the three fungi growing on C13, C17, C18 and crude oil. The correlation coefficient of biomass and oil utilization was not statistically significant for Aspergillus niger, significant for Aspergillus terreus and highly significant for P. chrysogenum.

  8. Changes in the Chemical Components of Light Crude Oil During Simulated Short Term Weathering

    Institute of Scientific and Technical Information of China (English)

    2007-01-01

    To unambiguously identify spilled oils and to link them to the known sources are extremely important in settling questions of environmental impact and legal liability. The fate and behavior of spilled oils in the environment depend on a number of physicochemical and biological factors. This paper presents the results regarding changes in chemical composition of light crude oil during simulated short-term weathering based on natural environmental conditions. The results show that the saturated hydrocarbons of the light crude oil mainly distribute between n-C8 and n-C23 and the most abundant n-alkanes are found in the n-C10 to n-C16. The main chemical components of the light crude oil are n-alkanes and isoprenoids. The aromatic compounds are subordinate chemical components. Under the conditions of the weathering simulation experiment, n-alkanes less than n-C12, toluene and 1,3-dimethyl benzene are lost after 1 d weathering, the n-C13, n-C14, naphthalene and 2-methyl-naphthalene are lost on the fifth day of weathering, and n-C15 alkane components show certain weatherproof capability. The ratios n-C17/pristane and n-C18/phytane are unaltered and can be used to identify the source of the light crude oil during the first 8 d of weathering. After 21 d, the ratio pristine/phytane can not provide much information on the source of the spilled light crude oil. Triterpanes (m/z 191) as biomarker compounds of light crude oil are more valuable.

  9. Wettability Alteration of Sandstones by Silica Nanoparticle Dispersions with Light and Heavy Crude Oil

    Science.gov (United States)

    Pales, A. R.; Huibers, B. M. J.; Bai, L.; Li, C.; Mu, L.; Ladner, D.; Daigle, H.; Darnault, C. J. G.

    2016-12-01

    In enhanced oil recovery (EOR), nanoparticles with their unique physico-chemical properties present a promising method for altering wettability. Nanoparticles could create a water-wet surface in a reservoir rather than an oil-wet one which would ease petroleum recovery. This research examines how uncoated silica nanoparticles alter the wettability of two sandstone surfaces, Berea and Boise, by measuring the contact angle and interfacial tension of different systems as an indicator of wettability. The silica nanoparticles were suspended in brine and brine plus a nonionic surfactant at concentrations of 0, 0.001, and 0.01 wt%. The differential impact on heavy and light crude oils was characterized as well. The study showed that surfactants had a greater impact on interfacial tension (IFT). The IFT decreased with the introduction of surfactants by 79% and 54% for light and heavy crude oils respectively. This reduction in IFT translates to less pressure needed for petroleum recovery. For the contact angle, images collected depict the reduction of contact angle with increased nanoparticle concentration across all oil, sandstone, and reservoir types. In addition to the images taken, the contact angles measured significantly decreased when nanoparticles were introduced with reductions reaching up to 93% between 0 and 0.001 wt% nanoparticles with light oil on the Berea sandstone. As nanoparticle concentration increased, the sandstones became increasingly water-wet for both oil types, and the increasing concentration impacted the light crude oil more than the heavy crude oil. The research evinced that nanoparticles can be used with surfactants in light and heavy crude oil systems to increase the hydrophilicity of Berea and Boise sandstones.

  10. Auto-correlated behavior of WTI crude oil volatilities: A multiscale perspective

    Science.gov (United States)

    Wang, Yudong; Wei, Yu; Wu, Chongfeng

    2010-12-01

    In this paper, we investigate the long-range auto-correlated behavior of WTI crude oil volatility series employing multifractal detrended fluctuation analysis. Our findings show that the for small time scales, the auto-correlations of volatilities were multifractal while for large time scales, the auto-correlations were nearly monofractal. Based on multiscale analysis, we also investigate the dynamics of auto-correlations for different intervals of time scales and find that several shocks could make significant effects on the auto-correlated behaviors for small time scales. Analyzing the dynamics of multifractality degrees of auto-correlations for small time scales, we find that the stronger auto-correlations were always related to the lower degrees of multifractality. At last, we have discussions on the determination factors of price behavior, the predictive implications of scaling behavior in volatilities for oil markets and the reasons why long-range auto-correlations of volatility were always strong for both small time scales and large time scales. Our results are very important theoretically and practically.

  11. Effects of different remediation treatments on crude oil contaminated saline soil.

    Science.gov (United States)

    Gao, Yong-Chao; Guo, Shu-Hai; Wang, Jia-Ning; Li, Dan; Wang, Hui; Zeng, De-Hui

    2014-12-01

    Remediation of the petroleum contaminated soil is essential to maintain the sustainable development of soil ecosystem. Bioremediation using microorganisms and plants is a promising method for the degradation of crude oil contaminants. The effects of different remediation treatments, including nitrogen addition, Suaeda salsa planting, and arbuscular mycorrhiza (AM) fungi inoculation individually or combined, on crude oil contaminated saline soil were assessed using a microcosm experiment. The results showed that different remediation treatments significantly affected the physicochemical properties, oil contaminant degradation and bacterial community structure of the oil contaminated saline soil. Nitrogen addition stimulated the degradation of total petroleum hydrocarbon significantly at the initial 30d of remediation. Coupling of different remediation techniques was more effective in degrading crude oil contaminants. Applications of nitrogen, AM fungi and their combination enhanced the phytoremediation efficiency of S. salsa significantly. The main bacterial community composition in the crude oil contaminated saline soil shifted with the remediation processes. γ-Proteobacteria, β-Proteobacteria, and Actinobacteria were the pioneer oil-degraders at the initial stage, and Firmicutes were considered to be able to degrade the recalcitrant components at the later stage.

  12. Environmental Drivers of Differences in Microbial Community Structure in Crude Oil Reservoirs across a Methanogenic Gradient

    OpenAIRE

    Shelton, Jenna L.; Akob, Denise M.; Jennifer C McIntosh; Noah Fierer; Spear, John R.; Warwick, Peter D.; McCray, John E.

    2016-01-01

    Stimulating in situ microbial communities in oil reservoirs to produce natural gas is a potentially viable strategy for recovering additional fossil fuel resources following traditional recovery operations. Little is known about what geochemical parameters drive microbial population dynamics in biodegraded, methanogenic oil reservoirs. We investigated if microbial community structure was significantly impacted by the extent of crude oil biodegradation, extent of biogenic methane production, a...

  13. BPO crude oil analysis data base user`s guide: Methods, publications, computer access correlations, uses, availability

    Energy Technology Data Exchange (ETDEWEB)

    Sellers, C.; Fox, B.; Paulz, J.

    1996-03-01

    The Department of Energy (DOE) has one of the largest and most complete collections of information on crude oil composition that is available to the public. The computer program that manages this database of crude oil analyses has recently been rewritten to allow easier access to this information. This report describes how the new system can be accessed and how the information contained in the Crude Oil Analysis Data Bank can be obtained.

  14. SUSTAINABILITY OF SUSTAINABLE PALM OIL: A MARKET INTEGRATION ANALYSIS

    Directory of Open Access Journals (Sweden)

    Diana Chalil

    2016-07-01

    Full Text Available Crude Palm Oil (CPO is the biggest consumed vegetable oil in the world. The increase in CPO production raises concern on the environmental impact even outside the producing countries. As a response to this matter, the EU has made a requirement to only import certified CPO (CSPO. India and China, the two biggest importers in the world, are less restrictive to the environmental issues, and their demands are more influenced by CPO price levels. These countries are the main export markets for Indonesia and Malaysia, the two biggest CPO exporters in the world. This research using monthly price data from the Netherlands, Germany, Italy, EU28, India, China, Indonesia and Malaysia. Market integrations are tested with Cointegration Test, Vector Error Correction Model and Seemingly Unrelated Regression. The results show that these markets are integrated, but European countries are unlikely to lead the price movement. Therefore, the concern on sustainable certification from the European countries still slowly spreads to other main importers, resulting in low absorption of CSPO. Keywords: market integration; sustainable palm oil; seemingly unrelated regression; vector Error correction model

  15. The Effects of Biodiesel and Crude Oil on the Foraging Behavior of Rusty Crayfish, Orconectes rusticus.

    Science.gov (United States)

    Jurcak, Ana M; Gauthier, Steven J; Moore, Paul A

    2015-11-01

    Environmental pollutants, such as crude oil and other petroleum-based fuels, inhibit and limit an organism's ability to perceive a chemical stimulus. Despite the increased use of alternative fuels, such as biodiesel, there have been few studies investigating the impact of these chemicals on the behavior of aquatic organisms. The purpose of this study was to compare the sublethal effects of biodiesel and crude oil exposure on chemically mediated behaviors in a freshwater keystone species. Crayfish (Orconectes rusticus) were tested on their ability to respond appropriately to a positive chemical stimulus within a Y-maze choice paradigm. Behavior was quantified by measuring time spent finding an odor source, duration of time spent at the odor source, percentage of crayfish that found the odor source, and percentage of crayfish that chose the correct arm of the arena. Results indicated negative impacts of both biodiesel and crude oil on the ability of crayfish to locate the food source. However, there were no significant differences between behavioral performances when crayfish were exposed to crude oil compared with biodiesel. Thus, biodiesel and crude oil have equally negative effects on the chemosensory behavior of crayfish. These findings indicate that biodiesel has the potential to have similar negative ecological impacts as other fuel source toxins.

  16. Multiwall carbon nanotubes increase the microbial community in crude oil contaminated fresh water sediments.

    Science.gov (United States)

    Abbasian, Firouz; Lockington, Robin; Palanisami, Thavamani; Megharaj, Mallavarapu; Naidu, Ravi

    2016-01-01

    Since crude oil contamination is one of the biggest environmental concerns, its removal from contaminated sites is of interest for both researchers and industries. In situ bioremediation is a promising technique for decreasing or even eliminating crude oil and hydrocarbon contamination. However, since these compounds are potentially toxic for many microorganisms, high loads of contamination can inhibit the microbial community and therefore reduce the removal rate. Therefore, any strategy with the ability to increase the microbial population in such circumstances can be of promise in improving the remediation process. In this study, multiwall carbon nanotubes were employed to support microbial growth in sediments contaminated with crude oil. Following spiking of fresh water sediments with different concentrations of crude oil alone and in a mixture with carbon nanotubes for 30days, the microbial profiles in these sediments were obtained using FLX-pyrosequencing. Next, the ratios of each member of the microbial population in these sediments were compared with those values in the untreated control sediment. This study showed that combination of crude oil and carbon nanotubes can increase the diversity of the total microbial population. Furthermore, these treatments could increase the ratios of several microorganisms that are known to be effective in the degradation of hydrocarbons.

  17. The application of event-tree based approach in long-term crude oil scheduling

    Institute of Scientific and Technical Information of China (English)

    2010-01-01

    This paper addresses the problem of optimal operation in long-term crude oil scheduling,which involves unloading crude oil from vessels,transferring it to charging tanks and feeding it to the distillation units.The application of a new approach for modeling and optimization of long-term crude oil scheduling is presented and the event-tree based modeling method that is very different from mathematical programming is employed.This approach is developed on the basis of natural language modeling and continuous time representation.Event triggered rules,decomposition strategy,depth-first search algorithm and pruning strategy are adopted to improve the efficiency of searching the optimum solution.This approach is successfully applied to an industrial-size problem over a horizon of 4 weeks,involving 7 vessels,6 storage tanks,6 charging tanks,2 crude oil distillation units,and 6 crude oil types.The CPU (AMD 3000+,2.0GHz) solving time is less than 70 seconds.

  18. Effects of a dual-pump crude-oil recovery system, Bemidji, Minnesota, USA

    Science.gov (United States)

    Delin, Geoffrey N.; Herkelrath, William N.

    2014-01-01

    A crude-oil spill occurred in 1979 when a pipeline burst near Bemidji, MN. In 1998, the pipeline company installed a dual-pump recovery system designed to remove crude oil remaining in the subsurface at the site. The remediation from 1999 to 2003 resulted in removal of about 115,000 L of crude oil, representing between 36% and 41% of the volume of oil (280,000 to 316,000 L) estimated to be present in 1998. Effects of the 1999 to 2003 remediation on the dissolved plume were evaluated using measurements of oil thicknesses in wells plus measurements of dissolved oxygen in groundwater. Although the recovery system decreased oil thicknesses in the immediate vicinity of the remediation wells, average oil thicknesses measured in wells were largely unaffected. Dissolved-oxygen measurements indicate that a secondary plume was caused by disposal of the pumped water in an upgradient infiltration gallery; this plume expanded rapidly immediately following the start of the remediation in 1999. The result was expansion of the anoxic zone of groundwater upgradient and beneath the existing natural attenuation plume. Oil-phase recovery at this site was shown to be challenging, and considerable volumes of mobile and entrapped oil remain in the subsurface despite remediation efforts.

  19. Crude oil treatment leads to shift of bacterial communities in soils from the deep active layer and upper permafrost along the China-Russia Crude Oil Pipeline route.

    Science.gov (United States)

    Yang, Sizhong; Wen, Xi; Zhao, Liang; Shi, Yulan; Jin, Huijun

    2014-01-01

    The buried China-Russia Crude Oil Pipeline (CRCOP) across the permafrost-associated cold ecosystem in northeastern China carries a risk of contamination to the deep active layers and upper permafrost in case of accidental rupture of the embedded pipeline or migration of oil spills. As many soil microbes are capable of degrading petroleum, knowledge about the intrinsic degraders and the microbial dynamics in the deep subsurface could extend our understanding of the application of in-situ bioremediation. In this study, an experiment was conducted to investigate the bacterial communities in response to simulated contamination to deep soil samples by using 454 pyrosequencing amplicons. The result showed that bacterial diversity was reduced after 8-weeks contamination. A shift in bacterial community composition was apparent in crude oil-amended soils with Proteobacteria (esp. α-subdivision) being the dominant phylum, together with Actinobacteria and Firmicutes. The contamination led to enrichment of indigenous bacterial taxa like Novosphingobium, Sphingobium, Caulobacter, Phenylobacterium, Alicylobacillus and Arthrobacter, which are generally capable of degrading polycyclic aromatic hydrocarbons (PAHs). The community shift highlighted the resilience of PAH degraders and their potential for in-situ degradation of crude oil under favorable conditions in the deep soils.

  20. Crude oil treatment leads to shift of bacterial communities in soils from the deep active layer and upper permafrost along the China-Russia Crude Oil Pipeline route.

    Directory of Open Access Journals (Sweden)

    Sizhong Yang

    Full Text Available The buried China-Russia Crude Oil Pipeline (CRCOP across the permafrost-associated cold ecosystem in northeastern China carries a risk of contamination to the deep active layers and upper permafrost in case of accidental rupture of the embedded pipeline or migration of oil spills. As many soil microbes are capable of degrading petroleum, knowledge about the intrinsic degraders and the microbial dynamics in the deep subsurface could extend our understanding of the application of in-situ bioremediation. In this study, an experiment was conducted to investigate the bacterial communities in response to simulated contamination to deep soil samples by using 454 pyrosequencing amplicons. The result showed that bacterial diversity was reduced after 8-weeks contamination. A shift in bacterial community composition was apparent in crude oil-amended soils with Proteobacteria (esp. α-subdivision being the dominant phylum, together with Actinobacteria and Firmicutes. The contamination led to enrichment of indigenous bacterial taxa like Novosphingobium, Sphingobium, Caulobacter, Phenylobacterium, Alicylobacillus and Arthrobacter, which are generally capable of degrading polycyclic aromatic hydrocarbons (PAHs. The community shift highlighted the resilience of PAH degraders and their potential for in-situ degradation of crude oil under favorable conditions in the deep soils.

  1. Kinetic parameters for nutrient enhanced crude oil biodegradation in intertidal marine sediments

    Directory of Open Access Journals (Sweden)

    Arvind K Singh

    2014-04-01

    Full Text Available Availability of inorganic nutrients, particularly N and P, is often a primary control on crude oil hydrocarbon degradation in marine systems. Nevertheless, there is a paucity of information on fundamental kinetic parameters for nutrient enhanced crude oil biodegradation that can be used to model the fate of crude oil in bioremediation programmes that use inorganic nutrient addition to stimulate oil biodegradation. Here we report fundamental kinetic parameters (Ks and qmax for nitrate- and phosphate-stimulated crude oil biodegradation under nutrient limited conditions and with respect to crude oil, under conditions where N&P are not limiting. Crude oil degradation was limited by both N&P availability. When N was added alone maximum rates of CO2 production measured were 3.94±0.46 µmol CO2 /g wet sediment/day. However when the same levels of N were added in the presence of 0.5% P w/w of oil (1.6 μmol P/g wet sediment maximum rates of measured CO2 production more than doubled (11.52±0.72 µmol CO2 /g wet sediment/day. Ks and qmax estimates for N (in the form of sodium nitrate when P was not limiting were 1.57±0.56 µmol/g wet sediment and 10.57±0.63 µmol CO2 /g wet sediment/day respectively. The corresponding values for P were 80 nmol/g wet sediment and 8.76±1.15 µmol CO2 /g wet sediment/day. The qmax values with respect to N and P were not significantly different (P< 0.05. Analysis of bacterial 16S rRNA genes indicated that Alcanivorax spp. were selected in these marine sediments with increasing inorganic nutrient concentration, whereas Cycloclasticus spp. were more prevalent at lower inorganic nutrient concentrations. These data suggest that simple empirical estimates of the proportion of nutrients added relative to crude oil concentrations may not be sufficient to guarantee successful crude oil bioremediation in oxic beach sediments. The data we present also help define the maximum rates and hence timescales required for bioremediation

  2. Influence of asphaltene aggregation and pressure on crude oil emulsion stability

    Energy Technology Data Exchange (ETDEWEB)

    Auflem, Inge Harald

    2002-07-01

    Water-in-crude oil emulsions stabilised by various surface-active components are one of the major problems in relation to petroleum production. This thesis presents results from high-pressure separation experiments on ''live'' crude oil and model oil emulsions, as well as studies of Interactions between various indigenous stabilising materials in crude oil. A high-pressure separation rig was used to study the influence of gas and gas bubbles on the separation of water-in-crude oil emulsions. The results were interpreted as a flotation effect from rising gas bubbles, which led to increased separation efficiency. The separation properties of a ''live'' crude oil were compared to crude oil samples recombined with various gases. The results showed that water-in-oil emulsions produced from the ''live'' crude oil samples, generally separated faster and more complete, than emulsions based on recombined samples of the same crude oil. Adsorption of asphaltenes and resins onto a hydrophilic surface from solutions with varying aromatic/aliphatic character was investigated by a quarts crystal microbalance. The results showed that asphaltenes adsorbed to a larger degree than the resins. The resins were unable to desorb pre-adsorbed asphaltenes from the surface, and neither did they adsorb onto the asphaltene-coated surface. In solutions of both of resins and asphaltenes the two constituents associated in bulk liquid and adsorbed to the surface in the form of mixed aggregates. Near infrared spectroscopy and pulsed field gradient spin echo nuclear magnetic resonance were used to study asphaltene aggregation and the influence of various amphiphiles on the asphaltene aggregate size. The results showed Interactions between the asphaltenes and various chemicals, which were proposed to be due to acid-base interactions. Among the chemicals used were various naphthenic acids. Synthesised monodisperse acids gave a reduction of

  3. Progress and Outlook on Technologies for Processing Inferior Crude Oil in China

    Institute of Scientific and Technical Information of China (English)

    Yuan Qingtang

    2008-01-01

    The recent growth of the global petroleum refining industry and the main technologies and measures for China to process inferior crude oil were introduced. The main technologies and measures include the control over equipment corrosion induced by sour and acidic crude, in particular the corrosion of atmospheric and vacuum distillation units, the development of technology for processing inferior residue,and the development of desulfurization technology and sulfur recovery technology in the course of processing of petroleum products. In order to meet the needs for national economic development, China's refining enterprises will uninterruptedly develop and prefect technologies for processing inferior crude,enhance the process and equipment management, sum up the experience for better processing of inferior crude, so as to provide high-quality oil products and petrochemical feedstocks to public with better economic return.

  4. Thermal infrared emissivity spectrum and its characteristics of crude oil slick covered seawater.

    Science.gov (United States)

    Xiong, Pan; Gu, Xing-Fai; Yu, Taol; Meng, Qing-Yan; Li, Jia-Guoi; Shi, Ji-xiang; Cheng, Yang; Wang, Liang; Liu, Wen-Song; Liu, Qi-Yuei; Zhao, Li-Min

    2014-11-01

    Detecting oil slick covered seawater surface using the thermal infrared remote sensing technology exists the advantages such as: oil spill detection with thermal infrared spectrum can be performed in the nighttime which is superior to visible spectrum, the thermal infrared spectrum is superior to detect the radiation characteristics of both the oil slick and the seawater compared to the mid-wavelength infrared spectrum and which have great potential to detect the oil slick thickness. And the emissivity is the ratio of the radiation of an object at a given temperature in normal range of the temperature (260-320 K) and the blackbody radiation under the same temperature , the emissivity of an object is unrelated to the temperature, but only is dependent with the wavelength and material properties. Using the seawater taken from Bohai Bay and crude oil taken from Gudao oil production plant of Shengli Oilfield in Dongying city of Shandong Province, an experiment was designed to study the characteristics and mechanism of thermal infrared emissivity spectrum of artificial crude oil slick covered seawater surface with its thickness. During the experiment, crude oil was continuously dropped into the seawater to generate artificial oil slick with different thicknesses. By adding each drop of crude oil, we measured the reflectivity of the oil slick in the thermal infrared spectrum with the Fourier transform infrared spectrometer (102F) and then calculated its thermal infrared emissivity. The results show that the thermal infrared emissivity of oil slick changes significantly with its thickness when oil slick is relatively thin (20-120 μm), which provides an effective means for detecting the existence of offshore thin oil slick In the spectrum ranges from 8 to 10 μm and from 13. 2 to 14 μm, there is a steady emissivity difference between the seawater and thin oil slick with thickness of 20 μm. The emissivity of oil slick changes marginally with oil slick thickness and

  5. Biocatalytic desulfurization of thiophenic compounds and crude oil by newly isolated bacteria

    Directory of Open Access Journals (Sweden)

    Magdy El-Said Mohamed

    2015-02-01

    Full Text Available Microorganisms possess enormous highly specific metabolic activities, which enable them to utilize and transform nearly every known chemical class present in crude oil. In this context, one of the most studied biocatalytic processes is the biodesulfurization (BDS of thiophenic sulfur-containing compounds such as benzothiophene (BT and dibenzothiophene (DBT in crude oils and refinery streams. Three newly isolated bacterial strains, which were affiliated as Rhodococcus sp. strain SA11, Stenotrophomonas sp. strain SA21, and Rhodococcus sp. strain SA31, were enriched from oil contaminated soil in the presence of DBT as the sole S source. GC-FID analysis of DBT-grown cultures showed consumption of DBT, transient formation of DBT sulfone (DBTO2 and accumulation of 2-hydroxybiphenyl (2-HBP. Molecular detection of the plasmid-borne dsz operon, which codes for the DBT desulfurization activity, revealed the presence of dszA, dszB, and dszC genes. These results point to the operation of the known 4S pathway in the BDS of DBT. The maximum consumption rate of DBT was 11 µmol/g Dry Cell Weight (DCW/h and the maximum formation rate of 2-HBP formation was 4 µmol/g DCW/h. Inhibition of both cell growth and DBT consumption by 2-HBP was observed for all isolates but SA11 isolate was the least affected. The isolated biocatalysts desulfurized other model DBT alkylated homologs. SA11 isolate was capable of desulfurizing BT as well. Resting cells of SA11 exhibited 10% reduction in total sulfur present in heavy crude oil and 18% reduction in total sulfur present in the hexane-soluble fraction of the heavy crude oil. The capabilities of the isolated bacteria to survive and desulfurize a wide range of S compounds present in crude oil are desirable traits for the development of a robust BDS biocatalyst to upgrade crude oils and refinery streams.

  6. Bioremediation of Crude Oil Using Bacterium from the Coastal Sediments of Kish Island, Iran

    Directory of Open Access Journals (Sweden)

    Maryam SADEGHI HADDAD ZAVAREH

    2016-05-01

    Full Text Available Background: Much of the environment is affected by petroleum contamination. It imposes serious health problems for humans as well as serious environmental impact. Bioremediation is an important consideration for removing environmental pollutants because, compared with other technologies, it incurrs lower costs and is environmentally compatible.Methods: Crude oil degrading bacteria were isolated using serial dilutions of a bacterial consortium. The Taguchi experimental design L16 (45 was used to optimize the biodegradation process of crude oil by the isolated strain. This investigation applied the parameters of temperature, salinity, pH, NH4Cl and FeSO4.7H2O. Modeling the kinetics of crude oil biodegradation included five batch cultivation experiments (2.5 ml/L to 40 ml/L using crude oil as a single limiting substrate.Results: Halomonas sp. MS1 was identified using identification tests. Maximum biodegradation efficiency was predicted to occur at pH=9, temperature=30 ˚C, salinity=2%, NH4Cl concentration=0.4 g/L and FeSO4.7H2O=0.04 g/L. After optimization, biodagradation was significantly (P<0.05 higher (i.e. 90.65% than it results under the original conditions. Furthermore, growth kinetics modelling of bacteria in various concentrations of crude oil showed a positive correlation between increased concentration, up to 10 ml/L and bacterial growth, but this was not evident at higher concentrations (20-40 mL/LConclusion: Overall, bacteria in surface sediment samples from Kish Island have been determined as having good potential for application in oil biodegradation. Optimum amounts of the studied factors were determined successfully by applying the Taguchi experimental design and the models of Teissier and Haldane are suggested as kinetic models to describe the batch crude oil degradation behavior of MS1. Keywords: Bioremediation, Halomonas sp, Taguchi, Growth kinetics, Iran

  7. Biotechnological potential of Bacillus salmalaya 139SI: a novel strain for remediating water polluted with crude oil waste.

    Directory of Open Access Journals (Sweden)

    Salmah Ismail

    Full Text Available Environmental contamination by petroleum hydrocarbons, mainly crude oil waste from refineries, is becoming prevalent worldwide. This study investigates the bioremediation of water contaminated with crude oil waste. Bacillus salamalaya 139SI, a bacterium isolated from a private farm soil in the Kuala Selangor in Malaysia, was found to be a potential degrader of crude oil waste. When a microbial population of 108 CFU ml-1 was used, the 139SI strain degraded 79% and 88% of the total petroleum hydrocarbons after 42 days of incubation in mineral salt media containing 2% and 1% of crude oil waste, respectively, under optimum conditions. In the uninoculated medium containing 1% crude oil waste, 6% was degraded. Relative to the control, the degradation was significantly greater when a bacteria count of 99 × 108 CFU ml-1 was added to the treatments polluted with 1% oil. Thus, this isolated strain is useful for enhancing the biotreatment of oil in wastewater.

  8. Influence of physical and chemical methods of enhanced oil recovery in formation microflora and properties of crude oil

    Science.gov (United States)

    Shcherbakova, A. G.; Altunina, L. K.; Svarovskaya, L. I.; Ovsyannikova, V. S.; Filatov, D. A.; Chuikina, D. I.

    2015-10-01

    The results of the analyzes of crude oil and produced water from wells in the areas of pilot testing of new flow deflection and oil-displacing Compounds developed in the Institute of Petroleum Chemistry SB RAS. It was found that changes in the properties and Compound of the oil and water mainly occur in the redistribution of filtration flows and integration in the development of the previously unwashed areas, as well as in washing off the residual heavy oil from the reservoir rock, and in some wells - due to formation biocenosis, contributing to desorption of oil from the rock.

  9. Submersible optical sensors exposed to chemically dispersed crude oil: wave tank simulations for improved oil spill monitoring.

    Science.gov (United States)

    Conmy, Robyn N; Coble, Paula G; Farr, James; Wood, A Michelle; Lee, Kenneth; Pegau, W Scott; Walsh, Ian D; Koch, Corey R; Abercrombie, Mary I; Miles, M Scott; Lewis, Marlon R; Ryan, Scott A; Robinson, Brian J; King, Thomas L; Kelble, Christopher R; Lacoste, Jordanna

    2014-01-01

    In situ fluorometers were deployed during the Deepwater Horizon (DWH) Gulf of Mexico oil spill to track the subsea oil plume. Uncertainties regarding instrument specifications and capabilities necessitated performance testing of sensors exposed to simulated, dispersed oil plumes. Dynamic ranges of the Chelsea Technologies Group AQUAtracka, Turner Designs Cyclops, Satlantic SUNA and WET Labs, Inc. ECO, exposed to fresh and artificially weathered crude oil, were determined. Sensors were standardized against known oil volumes and total petroleum hydrocarbons and benzene-toluene-ethylbenzene-xylene measurements-both collected during spills, providing oil estimates during wave tank dilution experiments. All sensors estimated oil concentrations down to 300 ppb oil, refuting previous reports. Sensor performance results assist interpretation of DWH oil spill data and formulating future protocols.

  10. Basic properties of crude rubber seed oil and crude palm oil blend as a potential feedstock for biodiesel production with enhanced cold flow characteristics

    Energy Technology Data Exchange (ETDEWEB)

    Yusup, Suzana; Khan, Modhar [Chemical Engineering Department, Universiti Teknologi PETRONAS, Bandar Seri Iskandar, 31750 Tronoh, Perak (Malaysia)

    2010-10-15

    Research and development in the field of biodiesel showed that fatty acid methyl esters synthesized from agriculture or animal oils and fats, which exhibit qualifying properties, can replace diesel fuel used in internal combustion engine. However, the industry had some downfall recently with the fluctuating prices of edible oils and increasing demand for nutritional needs. Crude rubber seed oil (CRSO) and crude palm oil (CPO) were used in this study since both can be extracted and produced locally in Malaysia from their abundant plantations. The benefits of introducing such blend are that CRSO is considered a non-edible feedstock with no major industrial utilizations that has the potential to reduce the usage of CPO in biodiesel industry and was found to enhance the cold flow characteristics when blended with CPO by reducing the saturated fatty acids in the feedstock. The oils and blends were characterized for density, kinematic viscosity, heating value, acid value, free fatty acid content, refractive index, mono-, di- and triglycerides and sulphur content. Fatty acids composition and iodine value were established for an equivolume blend of the oils. (author)

  11. Acid esterification of a high free fatty acid crude palm oil and crude rubber seed oil blend: Optimization and parametric analysis

    Energy Technology Data Exchange (ETDEWEB)

    Khan, Modhar A.; Yusup, Suzana; Ahmad, Murni M. [Universiti Teknologi PETRONAS, Chemical Engineering, Bandar Seri Iskandar, 31750 Tronoh, Perak (Malaysia)

    2010-12-15

    Free fatty acids content plays an important role in selecting the appropriate route for biodiesel production. Oils with high content of free fatty acids can be treated by acid esterification where an alcohol reacts with the given oil in the presence of acid catalyst. In the current study, an equivolume blend of crude rubber seed oil and crude palm oil is fed to the reaction with methanol as the alcohol of choice and sulfuric acid. Selected reaction parameters were optimized, using Taguchi method for design of experiments, to yield the lowest free fatty acid content in the final product. The investigated parameters include alcohol to oil ratio, temperature and amount of catalyst. The effect and significance of each parameter were then studied based on the fractional factorial design and verified by additional experiments. The optimum conditions for acid esterification which could reduce the free fatty acid content in the feedstock to lower than 0.6% (95% reduction) were 65 C, 15:1 methanol to oil ratio (by mole) and 0.5 wt% H{sub 2}SO{sub 4} after 3 h of reaction time. Temperature had been found to have the most effect on the reduction of free fatty acids followed by reactants ratio while increasing catalyst amount had nominal effect. (author)

  12. Sublethal Toxicity of Crude Oil Exposure in The Blue Crab, Callinectes sapidus, at Two Life History Stages.

    Science.gov (United States)

    Giltz, Sarah M; Taylor, Caz M

    2017-02-01

    The 2010 Deepwater Horizon oil spill occurred during peak spawning season for many Gulf of Mexico fish and invertebrates. Early life stages of important fishery species were at risk to encounter crude oil. In this study, we investigated the effect of crude oil exposure on two life stages of the blue crab (Callinectes sapidus). We tested the effects of oil exposure on the survival and growth of larval (pelagic) and juvenile (estuarine) blue crabs as well as the effects of oil on the molt frequency of juveniles. Larval crabs exposed to crude oil showed no discernable growth or mortality differences when compared to non-exposed controls. Juvenile crabs exposed to oil also showed no differences in size but exhibited increased intermolt duration (time between molts). Our study suggests that different life-stages may respond differently when exposed to crude oil and that oil exposure negatively affects growth rate of juvenile blue crabs.

  13. Corresponding morphological and molecular indicators of crude oil toxicity to the developing hearts of mahi mahi

    Science.gov (United States)

    Edmunds, Richard C.; Gill, J. A.; Baldwin, David H.; Linbo, Tiffany L.; French, Barbara L.; Brown, Tanya L.; Esbaugh, Andrew J.; Mager, Edward M.; Stieglitz, John; Hoenig, Ron; Benetti, Daniel; Grosell, Martin; Scholz, Nathaniel L.; Incardona, John P.

    2015-12-01

    Crude oils from distinct geological sources worldwide are toxic to developing fish hearts. When oil spills occur in fish spawning habitats, natural resource injury assessments often rely on conventional morphometric analyses of heart form and function. The extent to which visible indicators correspond to molecular markers for cardiovascular stress is unknown for pelagic predators from the Gulf of Mexico. Here we exposed mahi (Coryphaena hippurus) embryos to field-collected crude oil samples from the 2010 Deepwater Horizon disaster. We compared visible heart defects (edema, abnormal looping, reduced contractility) to changes in expression of cardiac-specific genes that are diagnostic of heart failure in humans or associated with loss-of-function zebrafish cardiac mutants. Mahi exposed to crude oil during embryogenesis displayed typical symptoms of cardiogenic syndrome as larvae. Contractility, looping, and circulatory defects were evident, but larval mahi did not exhibit downstream craniofacial and body axis abnormalities. A gradation of oil exposures yielded concentration-responsive changes in morphometric and molecular responses, with relative sensitivity being influenced by age. Our findings suggest that 1) morphometric analyses of cardiac function are more sensitive to proximal effects of crude oil-derived chemicals on the developing heart, and 2) molecular indicators reveal a longer-term adverse shift in cardiogenesis trajectory.

  14. Rheology and FTIR studies of model waxy crude oils with relevance to gelled pipeline restart

    Energy Technology Data Exchange (ETDEWEB)

    Magda, J.J.; Guimeraes, K.; Deo, M.D. [Utah Univ., Salt Lake City, UT (United States). Dept. of Chemical Engineering; Venkatesan, R.; Montesi, A. [Chevron Energy Technology Co., Houston, TX (United States)

    2008-07-01

    Gels composed of wax crystals may sometimes form when crude oils are transported in pipelines when ambient temperatures are low. The gels may stop the pipe flow, making it difficult or even impossible to restart the flow without breaking the pipe. Rheology and FTIR techniques were used to study the problem and to characterize transparent model waxy crude oils in pipeline flow experiments. These model oils were formulated without any highly volatile components to enhance the reproducibility of the rheology tests. Results were presented for the time- and temperature-dependent rheology of the model waxy crude oils as obtained in linear oscillatory shear and in creep-recovery experiments. The model oils were shown to exhibit many of the rheological features reported for real crude oils, such as 3 distinct apparent yield stresses, notably static yield stress, dynamic yield stress, and elastic-limit yield stress. It was concluded that of the 3, the static yield stress value, particularly its time dependence, can best be used to predict the restart behaviour observed for the same gel in model pipelines.

  15. Production of Low-carbon Light Olefins from Catalytic Cracking of Crude Bio-oil

    Institute of Scientific and Technical Information of China (English)

    Yan-ni Yuan; Tie-jun Wang; Quan-xin Li

    2013-01-01

    Low-carbon light olefins are the basic feedstocks for the petrochemical industry.Catalytic cracking of crude bio-oil and its model compounds (including methanol,ethanol,acetic acid,acetone,and phenol) to light olefins were performed by using the La/HZSM-5 catalyst.The highest olefins yield from crude bio-oil reached 0.19 kg/(kg crude bio-oil).The reaction conditions including temperature,weight hourly space velocity,and addition of La into the HZSM-5 zeolite can be used to control both olefins yield and selectivity.Moderate adjusting the acidity with a suitable ratio between the strong acid and weak acid sites through adding La to the zeolite effectively enhanced the olefins selectivity and improved the catalyst stability.The production of light olefins from crude bio-oil is closely associated with the chemical composition and hydrogen to carbon effective ratios of feedstock.The comparison between the catalytic cracking and pyrolysis of bio-oil was studied.The mechanism of the bio-oil conversion to light olefins was also discussed.

  16. The integration degree difference of crude oil market between Asia, U. S. A and Europe and its influence: based on iceberg cost theory introducing the heterogeneity of goods%亚美欧原油消费市场一体化程度差异及其影响探析——基于拓展的“冰山”成本理论的新视角

    Institute of Scientific and Technical Information of China (English)

    刘叶; 高绪霞; 丁勇

    2012-01-01

    以引入商品异质性的冰山成本理论为基础,利用2002—2011午亚美欧三大消费市场代表性原油的月度价格数据,研究发现:美欧原油市场间的一体化程度较高,而二者与亚洲原油市场间的一体化程度均较低。这一差异主要表现为:与欧美市场相比,亚洲市场的基准油价格偏高。这不仅造成亚洲国家外汇大量流失,还导致亚洲国家石油化工、交通运输等产业成本提升和竞争力下降。%Based on iceberg cost theory introducing the heterogeneity of goods, the study finds out a higher degree of integration between the U. S. and European crude oil market, while both a low degree of integration with the Asian crude oil market. The difference mainly is that the benchmark oil price of the Asian market is higher than the United States and Europe. This will not only cause Asian countries huge loss of foreign exchange directly, but also cause petrochemical, transportation and other industry cost rising and competitiveness falling.

  17. Biodegradation of crude oil dispersions by marine bacteria

    Science.gov (United States)

    Juarez, Gabriel; Fernandez, Vicente; Stocker, Roman

    2016-11-01

    Dispersants are used to break up marine oil slicks and increase the available surface area for bacteria to degrade oil hydrocarbons. However, this common view neglects key elements of the microscale interactions between bacteria and oil droplets, namely encounters and growth. Utilizing experimental observations of bacteria colonizing oil droplets, we model the interactions affecting hydrocarbon consumption between a collection of oil droplets with varying sizes and a single bacterial pool. The results show that degradation time is minimized for intermediate droplet sizes and that reducing droplet size too much can lead to years in increased degradation time. This mechanical model provides a baseline for understanding oil biodegradation and mitigation strategies in open marine systems.

  18. The Effect of Changes in World Crude Oil Prices on U.S. Automobile Exports

    Directory of Open Access Journals (Sweden)

    Maksim Belenkiy

    2012-07-01

    Full Text Available This study describes an export model where consumers differentiate between different types of automobiles by the distance they can travel on one dollar’s worth of fuel. The model predicts that the overall demand for vehicles falls as crude oil prices rise, and that the demand for less fuel-efficient vehicles falls relatively more. In particular, we estimate that between 2007 and 2008, when the crude oil prices increased by 32 percent, the export demand for the SUVs manufactured in the United States declined by over $700 million. This implies that the relatively less fuel-efficient U.S.-model vehicles will tend to suffer a competitive disadvantage worldwide when crude oil prices are high. We discuss the potential role of the proposed CAFÉ standards in improving fuel-efficiency and growing exports of the U.S. vehicle fleet.

  19. Crude oil ''Windfall Profit'' Tax Act of 1980

    Energy Technology Data Exchange (ETDEWEB)

    Logan, J.S.

    1980-01-01

    Administrative problems and compliance planning opportunities are the focus of this overview of the windfall profit tax on crude oil, which is actually an excise tax of a portion of domestic crude oil revenues that is tied to the removal of existing price controls on domestic crude oil. The retroactive effective date of the statute meant that the Internal Revenue Service had to draft and issue interim rules in haste, and now has to mesh the interim and final regulations with the petroleum industry's regular business practices. Producers, purchasers, and other who are affected by the tax should be alert to potential problems as well as planning opportunities that may develop during this process. The author provides a roadmap through the existing interim regulations to help interpret new changes. 204 references.

  20. Role of cyanobacteria in the biodegradation of crude oil by a tropical cyanobacterial mat.

    Science.gov (United States)

    Chaillan, F; Gugger, M; Saliot, A; Couté, A; Oudot, J

    2006-03-01

    Cyanobacterial mats are ubiquitous in tropical petroleum-polluted environments. They form a high biodiversity microbial consortium that contains efficient hydrocarbons degraders. A cyanobacterial mat collected from a petroleum-contaminated environment located in Indonesia was studied for its biodegradation potential. In the field, the natural mat was shown to degrade efficiently the crude oil present in the environment. This natural mat demonstrated also a strong activity of degradation on model crude oil under laboratory conditions. In axenic cultures, the monospecific cyanobacterium Phormidium animale that constitute the bulk of the biomass did not exhibit any degradative capacity on hydrocarbons in the range of C13-C35 carbon atom number either in autotrophic or heterotrophic conditions. It was concluded that this cyanobacterial strain living on a heavily contaminated site had no direct effect on biodegradation of crude oil, the degradation activity being exclusively achieved by the other microorganisms present in the microbial consortium of the mat.

  1. Cross-correlations between Baltic Dry Index and crude oil prices

    Science.gov (United States)

    Ruan, Qingsong; Wang, Yao; Lu, Xinsheng; Qin, Jing

    2016-07-01

    This paper examines the cross-correlation properties of Baltic Dry Index (BDI) and crude oil prices using cross-correlation statistics test and multifractal detrended cross-correlation analysis (MF-DCCA). The empirical results show that the cross-correlations between BDI and crude oil prices are significantly multifractal. By introducing the concept of a "crossover", we find that the cross-correlations are strongly persistent in the short term and weakly anti-persistent in the long term. Moreover, cross-correlations of all kinds of fluctuations are persistent in the short time while cross-correlations of small fluctuations are persistent and those of large fluctuations are anti-persistent in the long term. We have also verified that the multifractality of the cross-correlations of BDI and crude oil prices is both attributable to the persistence of fluctuations of time series and fat-tailed distributions.

  2. Small angle neutron scattering (SANS and V-SANS) study of asphaltene aggregates in crude oil.

    Science.gov (United States)

    Headen, Thomas F; Boek, Edo S; Stellbrink, Jörg; Scheven, Ulrich M

    2009-01-06

    We report small angle neutron scattering (SANS) experiments on two crude oils. Analysis of the high-Q SANS region has probed the asphaltene aggregates in the nanometer length scale. We find that the radius of gyration decreases with increasing temperature. We show that SANS measurements on crude oils give similar aggregate sizes to those found from SANS measurements of asphaltenes redispersed in deuterated toluene. The combined use of SANS and V-SANS on crude oil samples has allowed the determination of the radius of gyration of large scale asphaltene aggregates of approximately 0.45 microm. This has been achieved by the fitting of Beaucage functions over two size regimes. Analysis of the fitted Beaucage functions at very low-Q has shown that the large scale aggregates are not simply made by aggregation of all the smaller nanoaggregates. Instead, they are two different aggregates coexisting.

  3. Crude oil biodegradation aided by biosurfactants from Pseudozyma sp. NII 08165 or its culture broth.

    Science.gov (United States)

    Sajna, Kuttuvan Valappil; Sukumaran, Rajeev Kumar; Gottumukkala, Lalitha Devi; Pandey, Ashok

    2015-09-01

    The aim of this work was to evaluate the biosurfactants produced by the yeast Pseudozyma sp. NII 08165 for enhancing the degradation of crude oil by a model hydrocarbon degrading strain, Pseudomonas putida MTCC 1194. Pseudozyma biosurfactants were supplemented at various concentrations to the P. putida culture medium containing crude oil as sole carbon source. Supplementation of the biosurfactants enhanced the degradation of crude oil by P. putida; the maximum degradation of hydrocarbons was observed with a 2.5 mg L(-1) supplementation of biosurfactants. Growth inhibition constant of the Pseudozyma biosurfactants was 11.07 mg L(-1). It was interesting to note that Pseudozyma sp. NII 08165 alone could also degrade diesel and kerosene. Culture broth of Pseudozyma containing biosurfactants resulted up to ∼46% improvement in degradation of C10-C24 alkanes by P. putida. The enhancement in degradation efficiency of the bacterium with the culture broth supplementation was even more pronounced than that with relatively purer biosurfactants.

  4. A High Resolution Capacitive Sensing System for the Measurement of Water Content in Crude Oil

    Directory of Open Access Journals (Sweden)

    Muhammad Zubair Aslam

    2014-06-01

    Full Text Available This paper presents the design of a non-intrusive system to measure ultra-low water content in crude oil. The system is based on a capacitance to phase angle conversion method. Water content is measured with a capacitance sensor comprising two semi-cylindrical electrodes mounted on the outer side of a glass tube. The presence of water induces a capacitance change that in turn converts into a phase angle, with respect to a main oscillator. A differential sensing technique is adopted not only to ensure high immunity against temperature variation and background noise, but also to eliminate phase jitter and amplitude variation of the main oscillator that could destabilize the output. The complete capacitive sensing system was implemented in hardware and experiment results using crude oil samples demonstrated that a resolution of ±50 ppm of water content in crude oil was achieved by the proposed design.

  5. [Immobilized lipase-catalyzed synthesis of biodiesel from crude cottonseed oil].

    Science.gov (United States)

    Liu, Weitao; Zhou, Liya; Jiang, Yanjun; Gao, Jing

    2009-12-01

    We investigated the transesterification of crude cottonseed oil with methyl acetate to biodiesel, by using Lipozyme TL IM and Novozym 435 as catalysts. Results showed that the biodiesel yield significantly increased with the addition of methanol into the reaction system, and the highest biodiesel yield of 91.83% was achieved with the optimum conditions as follows: n-hexane as solvent, molar ratio of methyl acetate to oil 9:1, 3% methanol based on the oil mass to inhibit the creation of acetic acid, 10% Lipozyme TL IM and 5% Novozym 435 as catalyst based on the oil mass, reaction temperature 55 degrees C and reaction time 8 h. Additionally, we explored the kinetics of lipase-catalyzed crude cottonseed oil to biodiesel, and proposed a kinetic model.

  6. Lung function in subjects exposed to crude oil spill into sea water

    Energy Technology Data Exchange (ETDEWEB)

    Meo, Sultan Ayoub [Department of Physiology, College of Medicine, King Saud University, P.O. Box 2925, Riyadh 11461 (Saudi Arabia)], E-mail: sultanmeo@hotmail.com; Al-Drees, Abdul Majeed [Department of Physiology, College of Medicine, King Saud University, P.O. Box 2925, Riyadh 11461 (Saudi Arabia); Meo, Imran M.U. [Hamdard College of Medicine and Dentistry, Hamdard University, Karachi (Pakistan); Al-Saadi, Muslim M. [Department of Pediatrics, College of Medicine, King Saud University, Riyadh (Saudi Arabia); Azeem, Muhammad Abdul [Department of Physiology, Ummal Qura University, Mecca (Saudi Arabia)

    2008-01-15

    A Greek oil-tanker ran aground, resulting in a huge oil spill along the costal areas of Karachi, Pakistan. The purpose of this study was to assess the lung function and follow up change after one year in subjects exposed to crude oil spill in sea water. It was a cross sectional study with follow up in 20 apparently healthy, non-smoking, male workers, who were exposed to a crude oil spill environment during oil cleaning operation. The exposed group was matched with 31 apparently healthy male control subjects. Pulmonary function test was performed using an electronic Spirometer. Subjects exposed to polluted air have significant reduction in forced vital capacity (FVC), forced expiratory volume in first second (FEV{sub 1}), forced expiratory flow (FEF{sub 25-75%}) and maximum voluntary ventilation (MVV) compared to their matched controls. This impairment was reversible and lung functions parameters were improved when the subjects were withdrawn from the polluted air environment.

  7. Prediction of Interfacial Tensions of Reservoir Crude Oil and Gas Condensate Systems

    DEFF Research Database (Denmark)

    Zuo, You-Xiang; Stenby, Erling Halfdan

    1998-01-01

    In this work, the linear gradient theory (LGT) model, the simplified linear gradient theory (SLGT) model, the corresponding-states (CS) correlation, and the parachor method developed by the authors were extended to calculate interfacial tensions (IFT's) of crude oil and gas condensate systems...... model and the parachor model. For gas condensate systems, the predictions by use of the SLGT model are in good agreement with the measured IFT data. In the near-critical region, a correlation was proposed for estimations of IFT’s for CO2/oil systems, and satisfactory correlated results were obtained....... the CS correlation were in good agreement with the measured IFT data for several crude oil and CO2/oil systems. The SLGT model and the parachor model perform better than the LGT model and the CS correlation. For N 2 volatile oil systems, the performance of the LGT model is better than that of the SLGT...

  8. A study of the effects of crude oil pollution and oil-degrading bacteria on some biochemical and growth factors of Zea mays

    Directory of Open Access Journals (Sweden)

    Batoul Keramat

    2014-08-01

    Full Text Available Bacteria-Plant systems for bioremediation of oil polluted sites are one of the most effective approaches of biotechnology in the recent years. It is well known that oil pollution induces oxidative stress in plants. In this research, the effects of crude oil pollution on Zea mays and bioremediation by synergism between plant and crude oil degrading bacteria, four different treatments were designed. Some physiological and microbial factors were assayed for determining the effects of oil pollution. The results showed that 1% crude oil in soil shoot, dry weight was reduced and the amount of phenolic compounds increased. With crude oil and Pseudomonas aeruginosa bacterium, shoot dry weight, chlorophyll (a, total chlorophyll and anthocyanins decreased wherase phenolic compounds, malodialdehyde and catalase enzyme activity increased. With 1% crude oil and Acinetobacter calcoaceticus bacterium, significant changes were seen in the parameters of growth. Photosynthetic pigment did not increase whereas anthocyanin, phenolic compounds, malodialdehyde and catalase activity increased. White Crude oil and the presence of both bacteria shoot dry weight and chlorophyll levels decreased and increased levels of anthocyanin and malon-dialdehyde were observed. Addition of oil to the soil, increased the numbers of crude oil degrading bacteria and heterotrophic bacteria but crude oil were removed from soil by biodegradation. By application of bacterial-plant systems in the field, industrial wastes from refinery and biochemical factories could be removed oppropriately.

  9. Improving the Demulsification Process of Heavy Crude Oil Emulsion through Blending with Diluent

    Directory of Open Access Journals (Sweden)

    K. K. Salam

    2013-01-01

    Full Text Available In crude oil production from brown fields or heavy oil, there is production of water in oil emulsions which can either be controlled or avoided. This emulsion resulted in an increase in viscosity which can seriously affect the production of oil from sand phase up to flow line. Failure to separate the oil and water mixture efficiently and effectively could result in problems such as overloading of surface separation equipments, increased cost of pumping wet crude, and corrosion problems. Light hydrocarbon diluent was added in varied proportions to three emulsion samples collected from three different oil fields in Niger delta, Nigeria, to enhance the demulsification of crude oil emulsion. The viscosity, total petroleum hydrocarbon, and quality of water were evaluated. The viscosity of the three emulsions considered reduced by 38, 31, and 18%. It is deduced that the increase in diluent blended with emulsion leads to a corresponding decrease in the value of viscosity. This in turn enhanced the rate of demulsification of the samples. The basic sediment and water (BS&W of the top dry oil reduces the trace value the three samples evaluated, and with optimum value of diluent, TPH values show that the water droplets are safe for disposal and for other field uses.

  10. Differential degradation of crude oil (Bonny Light) by four Pseudomonas strains

    Institute of Scientific and Technical Information of China (English)

    Oluwafemi S. Obayori; Sunday A. Adebusoye; Adams O. Adewale; Ganiyu O. Oyetibo; Odunola O. Oluyemi; Rashid A. Amokun; Matthew O. Ilori

    2009-01-01

    Four hydrocarbon degraders isolated from enriched oil- and asphalt-contaminated soils in Lagos, Nigeria, were tested for their petroleum degradation potentials.All the isolates were identified as species of Pseudomonas.Pseudomonas putida P11 demonstrated a strong ability to degrade kerosene, gasoline, diesel, engine oil and crude oil while P.aeruginosa BB3 exhibited fair degradative ability on crude oil, gasoline, engine oil, anthracene and pyrene but weak on kerosene, diesel and dibenzothiophene.Pseudomonas putida WL2 and P.aeruginosa MVL1 grew on crude oil and all its cuts tested with the latter possessing similar polycyclic aromatic potentials as P11.All the strains grew logarithmically with 1-2 orders of magnitude and with generation time ranging significantly between 3.07 and 8.55 d at 0.05 level of confidence.Strains WL2 and MVL1 utilized the oil substrate best with more than 70% in 6 d experimental period, whereas the same feat was achieved by P11 in 12 d period.BB3 on the other hand degraded only 46% within 6 d.Interestingly, data obtained from gas chromatographic analysis of oil recovered from the culture fluids of MVL1 confirmed near-disappearance of major peaks (including aliphatics and aromatics) in the hydrocarbon mixture.

  11. LOWERING UNCERTAINTY IN CRUDE OIL MEASUREMENT BY SELECTING OPTIMIZED ENVELOPE COLOR OF A PIPELINE

    Directory of Open Access Journals (Sweden)

    Morteza Saadat

    2011-01-01

    Full Text Available Lowering uncertainty in crude oil volume measurement has been widely considered as one of main purposes in an oil export terminal. It is found that crude oil temperature at metering station has big effects on measured volume and may cause big uncertainty at the metering point. As crude oil flows through an aboveground pipeline, pick up the solar radiation and heat up. This causes the oil temperature at the metering point to rise and higher uncertainty to be created. The amount of temperature rise is depended on exterior surface paint color. In the Kharg Island, there is about 3 km distance between the oil storage tanks and the metering point. The oil flows through the pipeline due to gravity effects as storage tanks are located 60m higher than the metering point. In this study, an analytical model has been conducted for predicting oil temperature at the pipeline exit (the metering point based on climate and geographical conditions of the Kharg Island. The temperature at the metering point has been calculated and the effects of envelope color have been investigated. Further, the uncertainty in the measurement system due to temperature rise has been studied.

  12. Origin of Crude Oil in the Lunnan Region,Tarim Basin

    Institute of Scientific and Technical Information of China (English)

    LI Sumei; PANG Xiongqi; YANG Haijun; XIAO Zhongyao; GU Qiaoyuan; ZHANG Baoshou; WANG Haijiang

    2010-01-01

    The oil source of the Tarim Basin has been controversial over a long time.This study characterizes the crude oil and investigates the oil sources in the Lunnan region,Tarim Basin by adopting compound specific isotopes of n-aikanes and biomarkers approaches.Although the crude oil has a good correlation with the Middle-Upper Ordovician (02+3) source rocks and a poor correlation with the Cambrian-Lower Ordovician (∈-O1) based on biomarkers,the δ13C data of n-alkanes of the Lunnan oils show an intermediate value between ∈-O1 and O2+3 genetic affinity oils,which suggests that the Lunnan oils are actually of an extensively mixed source.A quantification of oil mixing was performed and the results show that the contribution of the Cambrian-Lower Ordovician source rocks ranges from 11% to 70% (averaging 36%),slightly less than that of the Tazhong uplift.It is suggested that the inconsistency between the biomarkers and δ13C in determining the oil sources in the Lunnan Region results from multiple petroleum charge episodes with different chemical components in one or more episode(s) and different sources.The widespread marine mixed-source oil in the basin indicates that significant petroleum potential in deep horizons is possible.To unravel hydrocarbons accumulation mechanisms for the Lunnan oils is crucial to further petroleum exploration and exploitation in the region.

  13. Building an Early Warning System for Crude Oil Price Using Neural Network

    Directory of Open Access Journals (Sweden)

    Wonho Song

    2010-12-01

    Full Text Available In this paper, a crisis index for the oil price shock is defined and a neural network model is specified for the prediction of the crisis index. This paper contributes to the literature in three ways. First, we build an early warning system for crude oil price. Although the oil price became one of the most important price index recently, no research efforts have been made to build an early warning system for crude oil price. Second, the neural network (NN model is used to construct the early warning sysIn this paper, a crisis index for the oil price shock is defined and a neural network model is specified for the prediction of the crisis index. This paper contributes to the literature in three ways. First, we build an early warning system for crude oil price. Although the oil price became one of the most important price index recently, no research efforts have been made to build an early warning system for crude oil price. Second, the neural network (NN model is used to construct the early warning system. Most early warning systems are built based on the signaling approach. In this paper, we show that the neural network models are more flexible and have greater potential as EWS than the signaling approach. Third, we allow the multi-level crisis index. Previous models allowed only a zero/one crisis index whereas our model permits as many levels as possible. With this new model, we try to answer whether the oil price collapse following the historical peak in 2008 was predictable. We compare the results from the NN model with those from the ordered probit (OP model, and show that the oil price crisis and the following crash were predictable by the NN model, but not by the OP model.

  14. Charactristics of the Biomarkers from Nonmarine Crude Oils in China—A Review

    Institute of Scientific and Technical Information of China (English)

    范璞; 李景贵

    1991-01-01

    The present paper deals with the biomarker characteristics of crude oils and source rocks from different environments(fresh,fresh-brackish and salt waters)of nonmarine depositional basins of different ages in China.Their characters are summarized as follows:1)Souce rocks and crude oils derived from fresh-water lacustrine facies have an odd/even predominance of n-alkanes and high pristine/phytane ratios.Oils from the fresh-water lacustrine facies differ from typical marine oils in the relative contents of total steranes and terpanes,the concentrations of hopanes and organic sul-phur compounds and the values of methylphenanthrene indices and C,H,S stable isotopes.2)The source rocks and crude oils derived from saline lacustrine facies possess an even/odd predominance of n-alkanes and high phytane/pristine ratios.There are also some differences between saline lacustrine oils and freshwater lacustrine oils in the concentrations of steranes,tricyclic terpanes and organic sulphur compounds,as well as in the values of methylphenanthrene indices and C,H,S stable isotopes.3)Oils derived from fresh-brackish water lake facies differ from oils from fresh-water lacustrine or samline lacustrine environments in respect of some biomarkers.According to the various distributions of these biomarkers,a number of geochemical parameters can be applied synthetically to differentiating and identifying the nature of original depositional environments of crude oils and source rocks and that of organisms-primary source materials present in those environments.

  15. Isolation and Identification of Crude Oil Degrading and Biosurfactant Producing Bacteria from the Oil-Contaminated Soils of Gachsaran

    Directory of Open Access Journals (Sweden)

    Seyyedeh Zahra Hashemi

    2016-03-01

    Full Text Available Background and Objectives: Petroleum hydrocarbons are harmful to the environment, human health, and all other living creatures. Oil and its byproducts in contact with water block sunshine to phytoplanktons and thus break the food chain and damage the marine food source. This study aims to isolate the crude oil degrading and biosurfactant producing bacteria from the oil contaminated soils of Gachsaran, Iran. Materials and Methods: Isolation was performed in peptone-water medium with yeast extract. Oil displacement area, emulsification index and bacterial phylogeny using 16S rRNA analysis were studied. Results and Conclusion: Three isolates were able to degrade the crude oil. In the first day, there were two phases in the medium; after a few days, these three bacteria degraded the crude oil until there was only one phase left in the medium. One strain was selected as a superior strain by homogenizing until the medium became clear and transparent. This method confirmed that the strain produces biosurfactant. According to the morphological and biochemical tests, the strain isolated from the oil contaminated soils is a member of Bacillus subtilis, so to study the bacterial phylogeny and taxonomy of the strain, an analysis of 16S rRNA was carried out, and the phylogenic tree confirmed them. The results verified that oil contaminated soils are good source for isolation of the biosurfactant producing bacteria.

  16. Analysis of China's Oil Products Market

    Institute of Scientific and Technical Information of China (English)

    Liang Gang

    2001-01-01

    @@ During the first half of 2001, the Chinese market of oil products suffered from shortage of resources with the prices falling in the first quarter but saw rapid growth in resources with the demand and price rising steadily.However, in June, the market demand growth began to slow down due to the price fall in the world market and the high market price at home. It is forecasted that the Chinese oil products market will have a steady growth in demand with a slowdown in the price rise and will fluctuate with the world market in the later half of this year. The growth rate will be lower than that of last year.

  17. A high performance liquid chromatography method for determination of furfural in crude palm oil.

    Science.gov (United States)

    Loi, Chia Chun; Boo, Huey Chern; Mohammed, Abdulkarim Sabo; Ariffin, Abdul Azis

    2011-09-01

    A modified steam distillation method was developed to extract furfural from crude palm oil (CPO). The collected distillates were analysed using high performance liquid chromatography (HPLC) coupled with an ultraviolet diode detector at 284nm. The HPLC method allowed identification and quantification of furfural in CPO. The unique thermal extraction of CPO whereby the fresh fruit bunches (FFB) are first subjected to steam treatment, distinguishes itself from other solvent-extracted or cold-pressed vegetable oils. The presence of furfural was also determined in the fresh palm oil from FFB (without undergoing the normal extraction process), palm olein, palm stearin, olive oil, coconut oil, sunflower oil, soya oil and corn oil. The chromatograms of the extracts were compared to that of standard furfural. Furfural was only detected in CPO. The CPO consignments obtained from four mills were shown to contain 7.54 to 20.60mg/kg furfural.

  18. Activated Orange Meso-Carp Carbon (AOMC; An Acceptable Remediation Techniques for Crude Oil Pollution Effect

    Directory of Open Access Journals (Sweden)

    Atulegwu Patrick Uzoije

    2012-01-01

    Full Text Available Orange mesocarp with its potentials application to remove spilled crude oil was used to prepare an activated adsorbent. Therefore, adsorption of crude oil onto the activated orange meso-carp (AOMC was investigated. Batch experiment was adopted for the equilibrium studies and the studies were conducted for various operational parameters such as varying crude oil concentration and temperature values. The crude oil samples of A, B, C, D and E, with concentrations 6045, 4393, 8508, 11583, and 5220, respectively and temperature values varied between 10-50ºC were used for the experiment. The adsorption equilibrium was established at 40 min of adsorption time. Partition coefficients, kd (L/kg for various samples reacted inversely with temperature and were in the ranges of 0.37-0.69, 0.65-1.11, 1.28-2.04, 1.17-1.39 and 1.23-4.53 for samples A, B, C, D and E, respectively. percentage of crude oil samples on the AOMC decreased with low crude oil hydrocarbons and the trend was shown as follows D>C >A>E>B. Percentage ranges for samples A, B, C,D and E were given to be 86.8-88%, 60.5-72.4, 52.5-55.2, 47.9-55.4 and 45.3-49.2%, respectively. Sorption of the crude oil samples to AOMC was found to be spontaneous, exothermic, and physio-sorption controlled with G values being in the ranges of -71.49 to -21.29, -18.25 to -5.43, -30.24 to -21.11, -28.55 to -11.33 and -50.74 to -50.12 KJ/mol for samples A ,B , C , D and E, respectively. Enthalpy(H and Entropy changes(S were also found to be -10.28, -12.24, -8.92, -6.9, -50.28 J/mol/K and -2.92, -0.32, -0.50, -0.44, -0.01 for samples A, B, C, D and E, respectively. Activated orange meso-carp provides a veritable environmentally remediation technique for crude oil spillage.

  19. STRUCTURAL BREAKS, COINTEGRATION, AND CAUSALITY BY VECM ANALYSIS OF CRUDE OIL AND FOOD PRICE

    Directory of Open Access Journals (Sweden)

    Aynur Pala

    2013-01-01

    Full Text Available This papers investigated form of the linkage beetwen crude oil price index and food price index, using Johansen Cointegration test, and Granger Causality by VECM. Empirical results for monthly data from 1990:01 to 2011:08 indicated that evidence for breaks after 2008:08 and 2008:11. We find a clear long-run relationship between these series for the full and sub sample. Cointegration regression coefficient is negative at the 1990:01-2008:08 time period, but adversely positive at the 2008:11-2011:08 time period. This results represent that relation between crude oil and food price chanced.

  20. Metabolic paths in world economy and crude oil price

    CERN Document Server

    Picciolo, Francesco; Ruzzenenti, Franco

    2015-01-01

    In 1983 Hamilton demonstrated the correlation between the price of oil and gross national product for the U.S. economy. A prolific literature followed exploring the potential correlation of oil prices with other important indices like inflation, industrial production, and food prices, using increasingly refined tools. Our work sheds new light on the role of oil prices in shaping the world economy by investigating the metabolic paths of value across trade between 1960 and 2010, by means of Markov Chain analysis. We show that the interdependence of countries' economies are strictly (anti)correlated to the price of oil. We observed a remarkably high correlation of 0.85, unmatched by any former study addressing the correlation between oil price and major economic indicators.