WorldWideScience

Sample records for oil supply measures

  1. Heavy oil supply economics and supply response to low oil prices

    International Nuclear Information System (INIS)

    Fisher, L.

    1999-01-01

    The dynamics of the heavy oil industry are examined, including prices, market demand, supply and supply costs. Price assumptions are provided for the reference case oil price (west Texas intermediate at Cushing). Supply cost methodology is explained. Capital and operating costs for various heavy oil and synthetic sources are derived from modeling results. The range of supply costs for heavy oil and bitumen from various sources, supply costs in terms of reference case market values and in terms of 1995-1996 average market values for Bow River crude, are derived. The CERI long term supply forecast model is explained. Western Canada upstream oil and gas cash flow and capital expenditures, eastern Canada exploration and expenditures by hydrocarbon type, and Canadian heavy oil and bitumen production based on reference case prices are estimated. Based on these projections the outlook for heavy oil at reference case prices for better than average quality resources is judged to be economic. Lower quality resources will require technology gains for successful commercialization. SAGD is a likely candidate in this respect. Again based on reference prices, production is forecast to decline by 100 Kb/d over the next five years. Diluent supply is considered to be adequate throughout the forecast period. As far as thermal bitumen is concerned, the growth could, in fact, exceed the projection, but if so, more upgrading will be required. 11 figs

  2. Factors influencing the choice of performance measures for the oil and gas supply chain – exploratory study

    Science.gov (United States)

    Menhat, Masha; Yusuf, Y.

    2018-04-01

    The current value of the oil price per barrel has severely impacted the oil and gas industry around the world. This has worsened the situation due to the fact that it has long been the backbone of the country through the energy supply, employability and also its role as the major economic contributor. Due to multiple external factors that affect this industry such as crude oil availability, oil price fluctuation, high transportation cost, as well as exposure to high uncertainties, it is sensible for the supply chain practitioner to shift their focus in managing their resources and capabilities. To maximise the potential of supply chain activities in improving overall company performance, it is important to pay extra attention on their performance management. This includes the design of meaningful performance measurement framework to assess organisational performance. This study will explore the influencing factors in choosing performance measures for the oil and gas supply chain. Five in-depth interviews were conducted with supply chain experts within the industry. Eight influencing factors have been identified through the interviews.

  3. Measuring energy security: Trends in the diversification of oil and natural gas supplies

    International Nuclear Information System (INIS)

    Cohen, Gail; Joutz, Frederick; Loungani, Prakash

    2011-01-01

    We present evidence on one facet of energy security in OECD economies-the extent of diversification in sources of oil and natural gas supplies. Viewed from the perspective of the energy-importing countries as a whole, there has not been much change in diversification in oil supplies over the last decade, but diversification in sources of natural gas supplies has increased steadily. We document the considerable cross-country heterogeneity in the extent of diversification. We also show how the extent of diversification changes if account is taken of the political risk attached to suppliers; the size of the importing country; and transportation risk. - Highlights: → Global diversification is constant but large differences exist among countries. → Political risk and distance have large impacts on diversity measures. → Size has little impact on diversity measures. → France, US, and UK show low vulnerability for both fuels. → Smaller European countries show high vulnerability for both fuels.

  4. Oil sands supply outlook

    International Nuclear Information System (INIS)

    Dunbar, R.

    2004-01-01

    In March 2004, The Canadian Energy Research Institute released a report on the expected future supply from Alberta's oil sands. The report indicates that the future for the already well-established oil sands industry is promising, particularly given the outlook for oil prices. The challenges facing the industry include higher industry supply costs and the need for innovative commercial and technological solutions to address the risks of irregularities and changes in crude oil prices. In 2003, the industry produced 874 thousand barrels per day of synthetic crude oil and unprocessed crude bitumen. This represents 35 per cent of Canada's total oil production. Current production capacity has increased to 1.0 million barrels per day (mbpd) due to new projects. This number may increase to 3.5 mbpd by 2017. Some new projects may be deferred due to the higher raw bitumen and synthetic crude oil supply costs. This presentation provided supply costs for a range of oil sands recovery technologies and production projections under various business scenarios. tabs., figs

  5. An experimental study on oil supply in a space bearing with an oil-impregnated retainer

    Science.gov (United States)

    Liu, Jianhai; Fan, Youwen; Wen, Shizhu

    1993-06-01

    Parched elastohydrodynamic lubrication (EHL) film thickness in a space ball bearing is measured by electrical capacitance and resistance, and parched transients of oil film and lubricant breakdown are observed. With different oil-impregnated polymer retainers, which are employed as oil supply resources, parched degradation is restricted to some degree, even lubricant breakdown disappears and a steady state of the oil film is produced. A long-term space bail bearing demands both the lowest driving torque and a steady state oil film, which depends on a strictly controlled oil supply from oil-impregnated retainers. The results of this experimental research describe the effects of oil supply by amounts of oil in retainers on parched EHL.

  6. Resources and future supply of oil

    International Nuclear Information System (INIS)

    Kjaerstad, Jan; Johnsson, Filip

    2009-01-01

    countries with a poor transparency. The world will become increasingly dependent on a few countries in the Middle East and on Russia not only for the supply of oil but also for the supply of gas which to a large extent will be utilised for power and heat generation. A responsible policy should under these circumstances seek to enhance energy security which should be directed towards promoting energy efficiency measures (reduce demand) in combination with increased utilisation of indigenous fuel resources such as renewables and fossil fuels in combination with CO 2 capture and storage. Such a policy would both facilitate the transmission to a more sustainable energy system in the future as well as enhance energy security

  7. IEA Response System for Oil Supply Emergencies

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2008-12-15

    Emergency response to oil supply disruptions has remained a core mission of the International Energy Agency since its founding in 1974. This information pamphlet explains the decisionmaking process leading to an IEA collective action, the measures available -- focusing on stockdraw -- and finally, the historical background of major oil supply disruptions and the IEA response to them. It also demonstrates the continuing need for emergency preparedness, including the growing importance of engaging key transition and emerging economies in dialogue about energy security.

  8. IEA Response System for Oil Supply Emergencies

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2010-07-15

    Emergency response to oil supply disruptions has remained a core mission of the International Energy Agency since its founding in 1974. This information pamphlet explains the decisionmaking process leading to an IEA collective action, the measures available -- focusing on stockdraw -- and finally, the historical background of major oil supply disruptions and the IEA response to them. It also demonstrates the continuing need for emergency preparedness, including the growing importance of engaging key transition and emerging economies in dialogue about energy security.

  9. Numerical study on oil supply system of a rotary compressor

    International Nuclear Information System (INIS)

    Wu, Jianhua; Wang, Gang

    2013-01-01

    The oil supply system is a crucial reliability issue for rotary compressors. This paper provides a general method for analyzing the oil supply system of a rotary compressor by using computational fluid dynamics (CFD). The process includes establishing the physical model, dividing computational grid, setting boundary conditions, calculating leakage rates through the roller end clearances, translating the dynamic issue into the static issue and so on. Validation of the rationality of the oil supply system model has been made by the measurement of the main bearing oil flow rates. The effects of operating conditions of the compressor, the oil level height of the oil sump and the main design parameters of the oil supply system on the oil supply characteristics are analyzed by numerical simulation. It is found that the main bearing oil flow rate varies circularly along with the rotation of the shaft. The shape and inclination angle of the spiral groove also influence the main bearing oil flow rate. The oil leakage rates through the roller end clearances depend largely on the operating conditions. In addition, the oil level height of the oil sump has a huge effect on the total oil flow rate. -- Highlights: • A CFD method for analyzing the oil supply system of rotary compressor is presented. • Leakage through the roller end clearances depends on the operating condition. • Groove shape and inclination angle are the main design parameters of spiral grooves. • A parabolic interface of oil and gas can be formed in the gallery of the shaft. • Single-flow model and steady solver can be applied to the oil supply system

  10. International Oil Supplies and Demands

    International Nuclear Information System (INIS)

    1991-09-01

    The eleventh Energy Modeling Forum (EMF) working group met four times over the 1989--90 period to compare alternative perspectives on international oil supplies and demands through 2010 and to discuss how alternative supply and demand trends influence the world's dependence upon Middle Eastern oil. Proprietors of eleven economic models of the world oil market used their respective models to simulate a dozen scenarios using standardized assumptions. From its inception, the study was not designed to focus on the short-run impacts of disruptions on oil markets. Nor did the working group attempt to provide a forecast or just a single view of the likely future path for oil prices. The model results guided the group's thinking about many important longer-run market relationships and helped to identify differences of opinion about future oil supplies, demands, and dependence

  11. International Oil Supplies and Demands

    International Nuclear Information System (INIS)

    1992-04-01

    The eleventh Energy Modeling Forum (EMF) working group met four times over the 1989--1990 period to compare alternative perspectives on international oil supplies and demands through 2010 and to discuss how alternative supply and demand trends influence the world's dependence upon Middle Eastern oil. Proprietors of eleven economic models of the world oil market used their respective models to simulate a dozen scenarios using standardized assumptions. From its inception, the study was not designed to focus on the short-run impacts of disruptions on oil markets. Nor did the working group attempt to provide a forecast or just a single view of the likely future path for oil prices. The model results guided the group's thinking about many important longer-run market relationships and helped to identify differences of opinion about future oil supplies, demands, and dependence

  12. International Oil Supplies and Demands

    Energy Technology Data Exchange (ETDEWEB)

    1991-09-01

    The eleventh Energy Modeling Forum (EMF) working group met four times over the 1989--90 period to compare alternative perspectives on international oil supplies and demands through 2010 and to discuss how alternative supply and demand trends influence the world's dependence upon Middle Eastern oil. Proprietors of eleven economic models of the world oil market used their respective models to simulate a dozen scenarios using standardized assumptions. From its inception, the study was not designed to focus on the short-run impacts of disruptions on oil markets. Nor did the working group attempt to provide a forecast or just a single view of the likely future path for oil prices. The model results guided the group's thinking about many important longer-run market relationships and helped to identify differences of opinion about future oil supplies, demands, and dependence.

  13. International Oil Supplies and Demands

    Energy Technology Data Exchange (ETDEWEB)

    1992-04-01

    The eleventh Energy Modeling Forum (EMF) working group met four times over the 1989--1990 period to compare alternative perspectives on international oil supplies and demands through 2010 and to discuss how alternative supply and demand trends influence the world's dependence upon Middle Eastern oil. Proprietors of eleven economic models of the world oil market used their respective models to simulate a dozen scenarios using standardized assumptions. From its inception, the study was not designed to focus on the short-run impacts of disruptions on oil markets. Nor did the working group attempt to provide a forecast or just a single view of the likely future path for oil prices. The model results guided the group's thinking about many important longer-run market relationships and helped to identify differences of opinion about future oil supplies, demands, and dependence.

  14. The future of oil supply.

    Science.gov (United States)

    Miller, Richard G; Sorrell, Steven R

    2014-01-13

    Abundant supplies of oil form the foundation of modern industrial economies, but the capacity to maintain and grow global supply is attracting increasing concern. Some commentators forecast a peak in the near future and a subsequent terminal decline in global oil production, while others highlight the recent growth in 'tight oil' production and the scope for developing unconventional resources. There are disagreements over the size, cost and recoverability of different resources, the technical and economic potential of different technologies, the contribution of different factors to market trends and the economic implications of reduced supply. Few debates are more important, more contentious, more wide-ranging or more confused. This paper summarizes the main concepts, terms, issues and evidence that are necessary to understand the 'peak oil' debate. These include: the origin, nature and classification of oil resources; the trends in oil production and discoveries; the typical production profiles of oil fields, basins and producing regions; the mechanisms underlying those profiles; the extent of depletion of conventional oil; the risk of an approaching peak in global production; and the potential of various mitigation options. The aim is to introduce the subject to non-specialist readers and provide a basis for the subsequent papers in this Theme Issue.

  15. An oil demand and supply model incorporating monetary policy

    International Nuclear Information System (INIS)

    Askari, Hossein; Krichene, Noureddine

    2010-01-01

    Oil price inflation may have had a significant role in pushing the world economy into its worst post-war recession during 2008-2009. Reserve currency central banks pursued an overly expansionary monetary policy during 2001-2009, in the form of low or negative real interest rates and accompanied by a rapidly falling US dollar, while paying inadequate attention to the destabilizing effects on oil markets. In this paper, we show that monetary policy variables, namely key interest rates and the US dollar exchange rate, had a powerful effect on oil markets. World oil demand was significantly influenced by interest and dollar exchange rates, while oil supply was rigid. Oil demand and supply have very low price elasticity and this characteristic makes oil prices highly volatile and subject to wider fluctuations than the prices of other commodities. Aggressive monetary policy would stimulate oil demand, however, it would be met with rigid oil supply and would turn inflationary and disruptive to economic growth if there was little excess capacity in oil output. We argue that a measure of stability in oil markets cannot be achieved unless monetary policy is restrained and real interest rates become significantly positive. Monetary tightening during 1979-1982 might imply that monetary policy has to be restrained for a long period and with high interest rates in order to bring stability back to oil markets. (author)

  16. Future directions conventional oil supply, Western Canada

    International Nuclear Information System (INIS)

    Campbell, G.R.; Hayward, J.

    1997-01-01

    The history of the Canadian oil industry was briefly sketched and the future outlook for crude oil and natural gas liquids in western Canada was forecast. The historical review encompassed some of the significant events in history of the Canadian oil industry, including the Leduc discovery in 1947, the Swan Hills discovery in 1957, the start of commercial production from the Athabasca oil sands in 1967, the discovery of the Hibernia oilfield offshore Newfoundland in 1979, and the onset of the use of horizontal production wells in western Canada in 1987. The resource base, supply costs, and the technology that is being developed to reduce costs and to improve recovery, were reviewed. Future oil prices were predicted, taking into account the costs associated with technological developments. It was suggested that the character of the industry is undergoing a change from an industry dominated by conventional supply to a mixed industry with increasing volume of heavy oil, primary bitumen, synthetic oil and frontier supply replacing 'conventional' light crude oil. Projections into the future are subject to uncertainty both on the supply as well as on the demand side. The potential impact of technology can significantly affect demand, and technological developments can yield additional supplies which exceed current expectations. 10 figs

  17. Oil price, biofuels and food supply

    International Nuclear Information System (INIS)

    Timilsina, Govinda R.; Mevel, Simon; Shrestha, Ashish

    2011-01-01

    The price of oil could play a significant role in influencing the expansion of biofuels, but this issue has yet to be fully investigated in the literature. Using a global computable general equilibrium (CGE) model, this study analyzes the impact of oil price on biofuel expansion, and subsequently, on food supply. The study shows that a 65% increase in oil price in 2020 from the 2009 level would increase the global biofuel penetration to 5.4% in 2020 from 2.4% in 2009. If oil prices rise 150% from their 2009 levels by 2020, the resulting penetration of biofuels would be 9%, which is higher than that would be caused by current mandates and targets introduced in more than forty countries around the world. The study also shows that aggregate agricultural output drops due to an oil price increase, but the drop is small in major biofuel producing countries as the expansion of biofuels would partially offset the negative impacts of the oil price increase on agricultural outputs. An increase in oil price would reduce global food supply through direct impacts as well as through the diversion of food commodities and cropland towards the production of biofuels. - Highlights: ► A global CGE model to analyze impacts of oil price on biofuels and food supply. ► Global biofuel penetration increases from 2.4% (2009) to 5.4% (2020) in baseline. ► A 150% rise of oil price boosts biofuels more than current mandates and targets do. ► Biofuels partially offset drops in agricultural outputs caused by oil price rise. ► Biofuels as well as oil price rise negatively affect global food supply.

  18. IEA Response System for Oil Supply Emergencies (2012 update)

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2012-09-05

    Emergency response to oil supply disruptions has remained a core mission of the International Energy Agency since its founding in 1974. This information pamphlet explains the decisionmaking process leading to an IEA collective action, the measures available -- focusing on stockdraw -- and finally, the historical background of major oil supply disruptions and the IEA response to them. It also demonstrates the continuing need for emergency preparedness, including the growing importance of engaging key transition and emerging economies in dialogue about energy security.

  19. Long-term factors in oil supply

    Energy Technology Data Exchange (ETDEWEB)

    Banks, F E

    1984-01-01

    The Stanford Energy Supply Forum prediction that world oil demand in 1990 will press on supply and send prices into an irreversible climb assumes that the Organization of Economic Cooperation and Development (OECD) countries will control unemployment, that Third World population growth will require more energy, and that several oil exporters will be reducing their output. The author points out disappointing exploration results, OPEC's continued strength, downward projections of reserves by geological surveys, and other economic factors to show that oil supplies are likely to last less than 40 years, with remaining reserves concentrated in fewer producing countries. This will make it harder for non-OPEC countries to influence prices, in contrast to more positive forecasts from the oil industry.

  20. Cost of Oil and Biomass Supply Shocks under Different Biofuel Supply Chain Configurations

    Energy Technology Data Exchange (ETDEWEB)

    Uria Martinez, Rocio [ORNL; Leiby, Paul Newsome [ORNL; Brown, Maxwell L. [National Renewable Energy Laboratory (NREL)

    2018-04-01

    This analysis estimates the cost of selected oil and biomass supply shocks for producers and consumers in the light-duty vehicle fuel market under various supply chain configurations using a mathematical programing model, BioTrans. The supply chain configurations differ by whether they include selected flexibility levers: multi-feedstock biorefineries; advanced biomass logistics; and the ability to adjust ethanol content of low-ethanol fuel blends, from E10 to E15 or E05. The simulated scenarios explore market responses to supply shocks including substitution between gasoline and ethanol, substitution between different sources of ethanol supply, biorefinery capacity additions or idling, and price adjustments. Welfare effects for the various market participants represented in BioTrans are summarized into a net shock cost measure. As oil accounts for a larger fraction of fuel by volume, its supply shocks are costlier than biomass supply shocks. Corn availability and the high cost of adding biorefinery capacity limit increases in ethanol use during gasoline price spikes. During shocks that imply sudden decreases in the price of gasoline, the renewable fuel standard (RFS) biofuel blending mandate limits the extent to which flexibility can be exercised to reduce ethanol use. The selected flexibility levers are most useful in response to cellulosic biomass supply shocks.

  1. International Oil Supplies and Demands. Volume 1

    Energy Technology Data Exchange (ETDEWEB)

    1991-09-01

    The eleventh Energy Modeling Forum (EMF) working group met four times over the 1989--90 period to compare alternative perspectives on international oil supplies and demands through 2010 and to discuss how alternative supply and demand trends influence the world`s dependence upon Middle Eastern oil. Proprietors of eleven economic models of the world oil market used their respective models to simulate a dozen scenarios using standardized assumptions. From its inception, the study was not designed to focus on the short-run impacts of disruptions on oil markets. Nor did the working group attempt to provide a forecast or just a single view of the likely future path for oil prices. The model results guided the group`s thinking about many important longer-run market relationships and helped to identify differences of opinion about future oil supplies, demands, and dependence.

  2. International Oil Supplies and Demands. Volume 2

    Energy Technology Data Exchange (ETDEWEB)

    1992-04-01

    The eleventh Energy Modeling Forum (EMF) working group met four times over the 1989--1990 period to compare alternative perspectives on international oil supplies and demands through 2010 and to discuss how alternative supply and demand trends influence the world`s dependence upon Middle Eastern oil. Proprietors of eleven economic models of the world oil market used their respective models to simulate a dozen scenarios using standardized assumptions. From its inception, the study was not designed to focus on the short-run impacts of disruptions on oil markets. Nor did the working group attempt to provide a forecast or just a single view of the likely future path for oil prices. The model results guided the group`s thinking about many important longer-run market relationships and helped to identify differences of opinion about future oil supplies, demands, and dependence.

  3. Oil supply security -- Emergency response of IEA countries 2007

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2007-11-29

    When Hurricane Katrina hit the Gulf of Mexico in 2005, the region's oil production and refining infrastructure was devastated and world energy markets were disrupted. The International Energy Agency decided in a matter of days to bring 60 million barrels of additional oil to the market. The emergency response system worked - the collective action helped to stabilise global markets. Since its founding in 1974, oil supply security has been a core mission of the IEA and the Agency has improved its mechanisms to respond to short-term oil supply disruptions. Nevertheless, numerous factors will continue to test the delicate balance of supply and demand. Oil demand growth will continue to accelerate in Asia; oil will be increasingly produced by a shrinking number of countries; and capacities in the supply chain will need to expand. These are just a few of the challenges facing an already tight market. What are the emergency response systems of IEA countries? How are their emergency structures organised? How prepared is the IEA to deal with an oil supply disruption? This publication addresses these questions. It presents another cycle of rigorous reviews of the emergency response mechanisms of IEA member countries. The goal of these reviews is to ensure that the IEA stays ready to respond effectively to oil supply disruptions. This publication also includes overviews of how China, India and countries of Southeast Asia are progressing with domestic policies to improve oil supply security, based on emergency stocks.

  4. Oil supply security -- Emergency response of IEA countries 2007

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2007-11-29

    When Hurricane Katrina hit the Gulf of Mexico in 2005, the region's oil production and refining infrastructure was devastated and world energy markets were disrupted. The International Energy Agency decided in a matter of days to bring 60 million barrels of additional oil to the market. The emergency response system worked - the collective action helped to stabilise global markets. Since its founding in 1974, oil supply security has been a core mission of the IEA and the Agency has improved its mechanisms to respond to short-term oil supply disruptions. Nevertheless, numerous factors will continue to test the delicate balance of supply and demand. Oil demand growth will continue to accelerate in Asia; oil will be increasingly produced by a shrinking number of countries; and capacities in the supply chain will need to expand. These are just a few of the challenges facing an already tight market. What are the emergency response systems of IEA countries? How are their emergency structures organised? How prepared is the IEA to deal with an oil supply disruption? This publication addresses these questions. It presents another cycle of rigorous reviews of the emergency response mechanisms of IEA member countries. The goal of these reviews is to ensure that the IEA stays ready to respond effectively to oil supply disruptions. This publication also includes overviews of how China, India and countries of Southeast Asia are progressing with domestic policies to improve oil supply security, based on emergency stocks.

  5. Exploring the undulating plateau: the future of global oil supply.

    Science.gov (United States)

    Jackson, Peter M; Smith, Leta K

    2014-01-13

    In this paper, we analyse the factors that will influence long-term oil supply and describe the future form of the global oil supply profile as an 'undulating plateau' rather than an irreversible, short-term peak or an ever upward trend of increasing production. The ultimate transition from a world of relatively plentiful and cheap oil to one of tight supply and high cost will be slow and challenging. An understanding of the signposts for the future path of supply and the drivers of that profile will be critical to managing the transition. The ultimate form of the global supply curve may well be dictated by demand evolution rather than a limited resource endowment in the longer term. Several factors will probably control future global oil supply. We believe that the scale of global oil resource will not constitute a physical supply limit for at least the next two or three decades. However, all categories of oil resources are already more expensive to develop than in the past, requiring high oil prices to stimulate supply growth. Lower rates of oil demand growth relative to economic growth, combined with more challenging supply growth, will probably lead to an undulating plateau sometime after 2040, with demand from non-Organization for Economic Cooperation and Development states continuing to dominate. Upstream investment requirements and oil price volatility will increase towards and beyond the undulating production plateau. In this new world, high oil prices will induce demand destruction, fuel substitution and ever increasing energy efficiency. As we discuss below, the fundamental differences between the IHS Cambridge Energy Research Associates' (IHS CERA) view of the future of oil supply and many peak oil supply models are the timing of the onset of a dramatic slowdown in the rate of growth of supply and the existence or otherwise of a production plateau. We do not dispute that supply will plateau and eventually fall; the question is when, how and at what price

  6. Stochastic Optimization of Supply Chain Risk Measures –a Methodology for Improving Supply Security of Subsidized Fuel Oil in Indonesia

    OpenAIRE

    Adinda Yuanita; Andi Noorsaman Sommeng; Anondho Wijonarko

    2015-01-01

    Monte Carlo simulation-based methods for stochastic optimization of risk measures is required to solve complex problems in supply security of subsidized fuel oil in Indonesia. In order to overcome constraints in distribution of subsidized fuel in Indonesia, which has the fourth largest population in the world—more than 250,000,000 people with 66.5% of productive population, and has more than 17,000 islands with its population centered around the nation's capital only—it is necessary to have a...

  7. European oil product supply modelling

    International Nuclear Information System (INIS)

    Saint-Antonin, V.

    1998-01-01

    Over the last few years, trends in European oil product consumption (in terms of level as structure and quality) has important implications of the refining industry. In this context, the purpose of this thesis consists in building a mathematical programming model applied to the European refineries in order to determine oil product supply prices, European refining industry investments and oil product exchanges of the European Union. The first part presents the reason for our choice for a long-term aggregate multi-refineries linear programming model, based on European refineries characteristics and the objectives of our model. Its dual properties are studied in detail and we focus particularly on the European exchange modelling. In the second part, an analysis of the European refining trends leads us to identify parameters and variables of the model that are essential to the aggregate representation of the European oil product supply. The third part is devoted to the use of this model, regarding two scenarios of increasingly stringent specifications for gasoline and diesel oil. Our interest for these products is due to their important share of the European oil product consumption and the not insignificant responsibility of the transport sector for atmospheric pollution. Finally, in order to have the use of an overall picture of the European refining industry, we build a regression model summarizing, though a few equations, the main relations between the major endogenous and exogenous variables o the LP model. Based on pseudo-data, this kind of model provides a simple and robust representation of the oil product supply. But a more specialized analysis of the refining industry operations, turning on a technical assessment of processing units, is reliant on the use of an optimization model such as the model we have built. (author)

  8. Horizontal well impact on heavy oil supply

    International Nuclear Information System (INIS)

    Bowers, B.; Bielecki, J.; Hu, J.; Wall, B.; Drummond, K.

    1993-01-01

    Horizontal wells can take advantage of gravity drainage mechanisms, which can be important in conventional heavy oil and bitumen recovery. Horizontal drilling will impact on the development of established conventional heavy oil pools by infill drilling and application of enhanced recovery techniques. There will also be an impact on the development of extensions to established and newly discovered heavy oil pools, as well as a major impact on development of bitumen resources. To assess the impact of horizontal drilling on heavy oil supply, high-impact and low-impact scenarios were evaluated under specified oil-price assumptions for four heavy oil areas in Saskatchewan and Alberta. Horizontal well potential for infill drilling, waterflood projects, and thermal projects was assessed and estimates were made of such developments as reserves additions and heavy oil development wells under the two scenarios. In the low case, projected supply of conventional heavy oil and bitumen stabilizes at a level in the 90,000-94,000 m 3 /d after 1994. In the high case, overall supply continuously grows from 80,000 m 3 /d in 1992 to 140,000 m 3 /d in 2002. Through application of horizontal drilling, reserves additions in western Canada could be improved by ca 100 million m 3 by 2002. 14 figs., 6 tabs

  9. Oil supply between OPEC and non-OPEC based on game theory

    Science.gov (United States)

    Chang, Yuwen; Yi, Jiexin; Yan, Wei; Yang, Xinshe; Zhang, Song; Gao, Yifan; Wang, Xi

    2014-10-01

    The competing strategies between OPEC (Organization of the Petroleum Exporting Countries) and non-OPEC producers make the oil supply market a complex system, and thus, it is very difficult to model and to make predictions. In this paper, we combine the macro-model based on game theory and micro-model to propose a new approach for forecasting oil supply. We take into account the microscopic behaviour in the clearing market and also use the game relationships to adjust oil supplies in our approach. For the supply model, we analyse and consider the different behaviour of non-OPEC and OPEC producers. According to our analysis, limiting the oil supply, and thus maintaining oil price, is the best strategy for OPEC in the low-price scenario, while the rising supply is the best strategy in the high-price scenario. No matter what the oil price is, the dominant strategy for non-OPEC producers is to increase their oil supply. In the high-price scenario, OPEC will try to deplete non-OPEC's share in the oil supply market, which is to OPEC's advantage.

  10. A Policy study on stabilization of heating oil supply and demand

    Energy Technology Data Exchange (ETDEWEB)

    Lee, Bok Jae [Korea Energy Economics Institute, Euiwang (Korea)

    1999-03-01

    As a principal heating fuel for household and commercial sector, and a heat source fuel for industry, the heating oil shows its great demand intensively during a specific period (wintertime) due to its characteristics. It represents that the fluctuation of heating oil demand throughout the year is very extreme. Therefore, the stable supply of heating oil has been rising as an important task. It is desirable to develop and supply a new type of heating oil compounded of kerosene and gasoline with appropriate ratio for short- and mid-term to have a stable supply and demand of heating oil. For long-term prospect, it is desirable to supply petroleum products mixing gasoline and B-C oil as heating oil when it is equipped with combustion technology of boiler and distribution system. In this case, it is required to have investment on infrastructure for the supply of new heating oil (mixture of gasoline and B-C oil) and a proper preparatory period for the conversion of equipment (such as a boiler). The vitalization of storing oil is essential to stabilize the supply and demand of heating oil. In order to vitalize it, the price of heating oil should be determined by a market function reflecting the seasonal supply and demand circumstances. (author). 101 refs., 5 figs., 83 tabs.

  11. Oil supply in Central and South America

    International Nuclear Information System (INIS)

    Aguilera, Roberto F.

    2009-01-01

    This paper estimates a cumulative supply curve for conventional oil in the Central and South American (CSA) region. The curve includes volumes from provinces not previously assessed by other organizations, as well as reserve growth. Volumes for the previously unassessed provinces are estimated using a variable shape distribution (VSD) model. Then the volumes are allocated to CSA countries based on each country's share of proved reserves. Figures provided by the cumulative supply curve are stock variables for all time, unlike the traditional supply curve where they are flow variables that can continue from one period to the next. In this study, the fixed stock approach is used since it provides practical information with respect to the concerns that some have expressed about oil scarcity in the near future. Results indicate that Central and South American oil is more abundant than often assumed, and can be produced at costs below current market oil prices, and substantially below mid-2008 prices.

  12. 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.

  13. Stochastic Optimization of Supply Chain Risk Measures –a Methodology for Improving Supply Security of Subsidized Fuel Oil in Indonesia

    Directory of Open Access Journals (Sweden)

    Adinda Yuanita

    2015-08-01

    Full Text Available Monte Carlo simulation-based methods for stochastic optimization of risk measures is required to solve complex problems in supply security of subsidized fuel oil in Indonesia. In order to overcome constraints in distribution of subsidized fuel in Indonesia, which has the fourth largest population in the world—more than 250,000,000 people with 66.5% of productive population, and has more than 17,000 islands with its population centered around the nation's capital only—it is necessary to have a measurable and integrated risk analysis with monitoring system for the purpose of supply security of subsidized fuel. In consideration of this complex issue, uncertainty and probability heavily affected this research. Therefore, this research did the Monte Carlo sampling-based stochastic simulation optimization with the state-of-the-art "FIRST" parameter combined with the Sensitivity Analysis to determine the priority of integrated risk mitigation handling so that the implication of the new model design from this research may give faster risk mitigation time. The results of the research identified innovative ideas of risk based audit on supply chain risk management and new FIRST (Fairness, Independence, Reliable, Sustainable, Transparent parameters on risk measures. In addition to that, the integration of risk analysis confirmed the innovative level of priority on sensitivity analysis. Moreover, the findings showed that the new risk mitigation time was 60% faster than the original risk mitigation time.

  14. Horizontal and vertical transmissions in the US oil supply chain

    International Nuclear Information System (INIS)

    Kaufmann, Robert K.; Dees, Stephane; Mann, Micheal

    2009-01-01

    Oil prices, inventory levels, and utilization rates are influenced by changes that are transmitted horizontally and/or vertically through the energy supply chain. We define horizontal transmissions as changes that are generated by linkages among fuels at a similar stage of processing while vertical transmissions are changes that are generated by upstream/downstream linkages in the oil supply chain. Here, we investigate vertical and horizontal transmissions by estimating vector error correction models (VECMs) that represent relationships among the price of crude oil, US refinery utilization rates, US stocks of crude oil, US stocks of motor gasoline, the US price of motor gasoline, and the US price of a substitute fuel, natural gas. Causal relationships estimated from both weekly and quarterly observations indicate that the price of crude oil is an important gateway for disturbances to the oil supply chain. Impulse response functions indicate that disturbances to crude oil prices ripple down the oil supply chain and affect inventory behaviors, refinery utilization rates, and the price of motor gasoline, and are transmitted laterally to the natural gas market. (author)

  15. Prospects for non-OPEC oil supply

    International Nuclear Information System (INIS)

    O'Dell, S.

    1994-01-01

    An International Energy Agency forecast is provided of non-OPEC oil production over a 15-year horizon. Reference-case forecasts are derived from Hubbert-type resource models, official industry announcements about such matters as oil discoveries and development projects, and an oil industry consensus. Separate regional profiles are provided for North America, Europe, the former Soviet Union, and the rest of non-OPEC countries (South America, Asia, non-OPEC Middle East). Under a flat-price scenario ($18/bbl), total non-OPEC oil supply rises slightly from 41.4 million bbl/d (MBD) in 1995 to 41.9 MBD in 2010. Under a scenario in which prices rise to $28/bbl, oil supply rises to 47.5 MBD in 2010. The latter results depend on specific assumptions concerning economic growth, energy prices, the geological potential of some areas which are not yet well understood, technological advances, and the nature of political developments. Uncertainties regarding these assumptions are discussed, with reference to reserves, price responsiveness, world oil industry investment, technology, and costs. A major uncertainty is the issue of investment in the OPEC countries, since the rising-price scenario assumes that OPEC invests only reluctantly. If major OPEC producers choose to open their upstream sectors to international oil companies, the situation will change completely. Otherwise, oil markets are expected to continue to behave in the manner of the past 20 years, with highest-cost oil being developed first while cheaper oil remains in the ground. 8 refs., 10 figs., 3 tabs

  16. Canadian crude oil production and supply forecast 2006-2020

    International Nuclear Information System (INIS)

    2006-05-01

    In order to enable members to plan for pipeline capacity requirements for transporting Canadian crude oil to markets, the Canadian Association of Petroleum Producers (CAPP) 2006-2020 crude oil production and supply forecast provides a long-range outlook of Canadian crude oil production. It provides a forecast of supply and demand for both western and eastern Canada. Because offshore eastern oil production does not rely on pipeline access to reach markets, the analysis primarily focuses on western Canadian production and supply. Over the next fifteen years, Alberta's oil sands provides the main source of growth in the western Canadian production forecast. A survey of CAPP members encompassing all oil sands projects was conducted. Survey responses reflect both planned and envisioned projects over a fifteen year period, although some of the envisioned projects have been risk adjusted by modifying the potential completion schedules for projects which are deemed more uncertain. Detailed tables are provided on forecast data. Three sets of tables are included to show production, two supply scenarios and a high level assessment of the need for incremental pipeline capacity. The report also discusses delays and risk factors that could slow the pace of oil sands development and the corresponding increase in production being forecast in the base case. 16 tabs

  17. Documentation of the Oil and Gas Supply Module (OGSM)

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1998-01-01

    The purpose of this report is to define the objectives of the Oil and Gas Supply Model (OGSM), to describe the model`s basic approach, and to provide detail on how the model works. This report is intended as a reference document for model analysts, users, and the public. Projected production estimates of US crude oil and natural gas are based on supply functions generated endogenously within National Energy Modeling System (NEMS) by the OGSM. OGSM encompasses domestic crude oil and natural gas supply by both conventional and nonconventional recovery techniques. Nonconventional recovery includes enhanced oil recovery (EOR), and unconventional gas recovery (UGR) from tight gas formations, Devonian/Antrim shale and coalbeds. Crude oil and natural gas projections are further disaggregated by geographic region. OGSM projects US domestic oil and gas supply for six Lower 48 onshore regions, three offshore regions, and Alaska. The general methodology relies on forecasted profitability to determine exploratory and developmental drilling levels for each region and fuel type. These projected drilling levels translate into reserve additions, as well as a modification of the production capacity for each region. OGSM also represents foreign trade in natural gas, imports and exports by entry region. Foreign gas trade may occur via either pipeline (Canada or Mexico), or via transport ships as liquefied natural gas (LNG). These import supply functions are critical elements of any market modeling effort.

  18. Future oil supply to the Northeast United States

    Energy Technology Data Exchange (ETDEWEB)

    Bronheim, H.

    1976-06-01

    The Northeast consumed some 4.6 million bbls/day of petroleum products in 1972. Nearly 63 percent of that supply was of foreign origin, making the Northeast the single largest oil-importing region in the nation. The remainder of its supply originated mainly in states on the Gulf of Mexico. The phasing out of coal as a major utility boiler fuel and curtailment of natural gas sales to the Northeast have led to the rapid increase in the use of petroleum products. Nationwide oil production reached a peak of 11.3 million bbls/day in 1970 and has been declining yearly ever since. The Northeast in particular has led the movement to foreign imports because of its coastal location, its distance from domestic sources, the competitive pricing of foreign oils, and because of environmental considerations. Under various assumptions of total U.S. reserves of oil (discovered and undiscovered) coupled to alternate schedules of national resource development, projections of crude oil production were made for the years 1985 and 2000. The projections indicate that even under optimistic conditions crude oil production will be declining in the post-1985 period, if not earlier. The scenarios consistently indicate that the Northeast's regional share will be heavily constrained by 1985, and rapidly declining thereafter. On the other hand, production of oil worldwide will concentrate further in the hands of the Arab OPEC nations who are likely to exercise growing control over pricing and the international supply of crude oil.

  19. Estimating demand and supply of edible oil in Pakistan

    OpenAIRE

    Haq, Rashida

    1991-01-01

    This paper examines the demand for edible oil in Pakistan and a dynamic supply response model to show price responsiveness by sunflower oilseed farmers. The demand for edible oil is estimated by using Ordinary Least Square (OLS) technique. It has been found that an increase in the consumption of edible oil is highly affected by urbanization, increase in per capita income, relative high price of its substitutes and the rapid growth of the population. In order to estimate supply response model ...

  20. Drilling rates and expected oil prices: The own price elasticity of US oil supply

    International Nuclear Information System (INIS)

    Kaufmann, R.K.; Gruen, W.; Montesi, R.

    1994-01-01

    This paper evaluates the feasibility of policies to increase exploration and development by the oil industry. To do so, the authors estimate a new model for well completions in the United States that includes the effect of price expectations from survey data, that separates exploratory from development wells, and that uses a deflator based on the cost of drilling a well. The regression results indicate that the price elasticity of drilling is considerably smaller than previous estimates. When combined with recent analyses of drilling success, the results indicate that the own price elasticity of US oil supply is relatively small. The low price elasticity of supply indicates that efforts to increase domestic oil supplies by increasing well completions may be more expensive than believed previously

  1. Canadian oil sands : supply and potential for market growth

    International Nuclear Information System (INIS)

    Crandall, G.

    2004-01-01

    Canadian oil sands recoverable reserves rank second only to Saudi Arabia and present enormous potential, particularly through technological gains. This paper discussed the market potential for oil sands both globally and in North America. It was estimated that oil sands production would eventually surpass declining conventional production, increasing from 42 per cent of Western supply in 2002 to 78 per cent in 2015. Recoverable reserves were an estimated 174 billion barrels, with cumulative production at 4 billion barrels between 1967 to 2003. Statistics of U.S. and Canadian markets for crude oil were presented to the year 2020. A flow chart of oil sands products and market outlets was presented, as well as details of existing and potential markets for Canadian crude oil. Oil sands product dispositions were outlined, with the prediction that Asia may emerge as an incremental market. World crude oil production statistics were presented by type. World residual supply and demand estimates were presented, including details of conversion capacity and requirements for residual processing capacity in refineries and field upgraders. American refinery feedstocks were presented by type, with the identification of an increase in heavy crude runs. It was noted that recent pricing provided a strong incentive to add refining conversion capacity to process heavy oil. An outline of a study completed for the Alberta government and industry was presented, in which upgrading to light synthetic crude was determined as a base case. The value added to process bitumen beyond upgrading was discussed in relation to the upgrading of American refineries to process bitumen blends and synthetic crude. Potential cases for upgrading bitumen were presented, along with a comparison of capital costs. An overall economic comparison of projects was provided. Various measures to maximize markets for oil sands products in Alberta were presented. It was suggested that U.S. markets should absorb more new

  2. China’s oil security from the supply chain perspective: A review

    International Nuclear Information System (INIS)

    Zhao, Chunfu; Chen, Bin

    2014-01-01

    Highlights: • The development phase of China’s oil industry is detailed. • Risk to oil industry in China is identified along the supply chain. • Policy aimed at improving oil security is examined. - Abstract: Oil security has become a major issue in China. This paper analyzes China’s oil security from the supply chain perspective, as the country faces challenges from an increasing reliance on imported oil, a fast-growing economy, the Malacca dilemma, and volatile international oil prices. To clarify the issue of oil security, we first review the development phase of China’s oil industry and previous research related to its energy security. Then a framework from the supply chain perspective is constructed to identify the current risk from three aspects: energy flow, financial and environmental. Finally, policies aimed at improving the country’s energy security are examined and potential problems presented. From this analysis, we conclude that the potential risk arising from China’s oil system is inherently interconnected. There is still great potential for the country to improve oil security by strengthening its strategic oil reserves, improving energy efficiency, and developing its domestic oil tanker fleet

  3. World oil supply and demand'

    International Nuclear Information System (INIS)

    Anon.

    1997-01-01

    Apart from a collapse of oil and gas consumption in the CIS, a strong increase in demand in the newly industrialized countries and an upward trend in the OECD countries are observed. Non-Opec supply continued to grow, with a production decline in Usa and Russia but a record production level in the North Sea and a remarkable revival in South America (Colombia, Argentina) and Africa (Congo, Angola). In Opec countries, the trend goes from supply control to development of production capacity. Situations in Saudi Arabia, Iran and Iraq are detailed

  4. The case for conserving oil resources: the fundamentals of supply and demand

    International Nuclear Information System (INIS)

    Reynolds, D.B.

    2000-01-01

    This article summarises the evidence for an oil price shock and argues that oil producers, both OPEC and non-OPEC, need to cut back oil production more, in order to conserve oil for the future and to avert sudden extreme movements in oil prices in the next five-to-ten years. Four physical fundamentals determine long-run changes in oil prices: supply, demand, technology and substitutes. We show that supply, technology and substitutes are limited and demand is growing strongly. As demand pushes against supply, prices will rise rapidly. It would be better to conserve oil now, in order to have a smoother transition to higher-priced oil in the future. In addition, oil is such a valuable resource for the worlds economies in general, that we should conserve it for future generations. The world, in its haste for economic growth, should support OPEC conservation efforts. (author)

  5. Non-OPEC oil supply gains to outpace demand in 1997

    International Nuclear Information System (INIS)

    Beck, R.J.

    1997-01-01

    Rising oil supplies in 1997 will relax some of the market tightness that drove up crude prices last year. Worldwide demand for petroleum products in 1996 rose faster than anticipated and faster than supply from outside the Organization of Petroleum Exporting Countries. This increased demand for OPEC oil and pushed up prices for crude. At year end, the world export price of crude was up more than 25% from the same period a year earlier. Market conditions will change in 1997. While worldwide economic growth will continue to boost demand for energy and petroleum, non-OPEC petroleum supply will grow even more. Increases in North Sea and Latin American production will help boost non-OPEC output by 1.9 million b/d. And revenues from 1996 production gains will make additional investment possible in exploration and production. The paper discusses world economic growth, world oil demand, worldwide supply, supply outlook, prices and international drilling

  6. Alberta's conventional oil supply: How much? How long?

    International Nuclear Information System (INIS)

    Heath, M.

    1992-01-01

    To assess the future conventional crude oil supply potential in Alberta, a modelling system was designed with the capacity to determine the fraction of existing and potential reserves which could prove technically, economically and/or commercially viable over time. The reference case analysis described assumed constant real oil prices and fiscal burdens, capital and operating costs. Reserve additions from new pool discoveries were summed with reserves from existing pools to arrive at an estimate of the potential supply of established reserves in each play area. The established reserves from all plays were then totalled to provide the provincial conventional oil resource potential. Alberta's recoverable conventional crude oil reserves were shown to be declining at about 2 percent per year. However, even with declining recoverable reserves and relatively low prices, the results of the study indicated that the conventional oil industry remained a major revenue generator for the province and would continue to be so over the next 15 to 20 years. Improved operating efficiencies, cost reductions, reasonable prices and cooperation between industry and government were shown to be necessary to assure the continued viability of Alberta's conventional oil industry. figs., tabs., 11 refs

  7. The prospects for oil prices, supply and demand

    International Nuclear Information System (INIS)

    Al-Fathi, S.A.

    1991-01-01

    The major factors that have influenced price developments are briefly discussed. The future course of oil prices and the supply/demand fundamentals that are likely to influence them will be reviewed in the light of OPEC producers' quest for stability in the market and the maintenance of the role of oil in the energy spectrum. The environment and climate change debate is likely to influence development in the energy and oil markets for a long time to come. Its impact on oil demand is thus discussed, together with its implication for oil prices. (author)

  8. Oil supply and oil politics: Deja Vu all over again

    International Nuclear Information System (INIS)

    Cleveland, Cutler J.; Kaufmann, Robert K.

    2003-01-01

    President Bush has identified US dependence on imported oil as an urgent energy, economic, and national security concern. The President's energy plan promotes the development of domestic resources, based on the assumption that economic incentives and the opening of frontier areas for exploration will increase domestic production. If realized, this will reduce dependence on imported oil and reduce OPEC's ability to affect aggregate oil supply and price. The evidence suggests, however, that this policy will not increase significantly US production of crude oil, will not reduce significantly OPEC's influence, and it will distort the US macroeconomy. Even if allowed, production from the Arctic National Wildlife Refuge will have a negligible impact on the world oil markets. Further subsidies to the oil industry will divert resources from other more productive investments. Conservation and energy efficiency merit greater emphasis in US energy policy given their ability to reduce the use of cost-effective and environmentally beneficial ways

  9. Oil supply and oil politics: Deja Vu all over again

    International Nuclear Information System (INIS)

    Cleveland, C.J.; Kaufmann, R.K.

    2003-01-01

    President Bush has identified US dependence on imported oil as an urgent energy, economic, and national security concern. The President's energy plan promotes the development of domestic resources, based on the assumption that economic incentives and the opening of frontier areas for exploration will increase domestic production. If realized, this will reduce dependence on imported oil and reduce OPEC's ability to affect aggregate oil supply and price. The evidence suggests, however, that this policy will not increase significantly US production of crude oil, will not reduce significantly OPEC's influence, and it will distort the US macroeconomy. Even if allowed, production from the Arctic National Wildlife Refuge will have a negligible impact on the world oil markets. Further subsidies to the oil industry will divert resources from other more productive investments. Conservation and energy efficiency merit greater emphasis in US energy policy given their ability to reduce the use of cost-effective and environmentally beneficial ways. (author)

  10. Inferred demand and supply elasticities from a comparison of world oil models

    International Nuclear Information System (INIS)

    Huntington, H.G.

    1992-01-01

    This paper summarizes the responses of oil supply and demand to prices and income in 11 world oil models that were compared in a recent Energy Modeling Forum (EMF) study. In May 1989, the EMF commenced a study of international oil supplies and demands (hereafter, EMF-11) to compare alternative perspectives on supply and demand issues and how these developments influence the level and direction of world oil prices. In analysing these issues, the EMF-11 working group relied partly upon results from 11 world oil models, using standardized assumptions about oil prices and gross domestic product (GDP). During the study, inferred price elasticities of supply and demand were derived from a comparison of results across different oil price scenarios with the same GDP growth path. Inferred income elasticities of demand were derived from a comparison of results across different economic growth scenarios with the same oil price-path. Together, these estimates summarize several important relationships for understanding oil markets. The first section provides some background on the EMF study and on general trends in the scenarios of interest that help to understand the results. Following sections explain the derivation and qualifications of the inferred estimates, report the results and summarize the key conclusions. (author)

  11. Post Gulf War oil supply

    International Nuclear Information System (INIS)

    May, W.R.

    1991-01-01

    One of the spin-offs from the Gulf War will be a change in the old order within OPEC. With Iraq and Kuwait production stopped because of the war, output from OPEC countries is around 23.5 million barrels per day compared with about 20 million last August before the Iraqi invasion of Kuwait. It is reported that there are some 225 to 235 million barrels of oil in inventory, worldwide, above normal levels. As seen in the accompanying graph, oil prices have drifted back to about the same level as in March 1990 from the wartime high of nearly $40/bbl. Before the invasion, Saudi Arabia's quota was 5.4 million bbls per day. Since then, Saudi has pumped at 7.7 to 7.9 bbls per day with plans to reactivate shut-in wells which will bring production capability to 10 million bbls per day. Other OPEC countries are at maximum capacity and some, Venezuela, for example, are also in the process of expanding production. This article discusses the effect of the war on the future oil supply, other countries' response to Iraq oil production, and prediction of possible oil price response

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

    International Nuclear Information System (INIS)

    Hughes, Larry

    2010-01-01

    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)

  13. Predicted supplies of oil: a controversy revisited

    International Nuclear Information System (INIS)

    Mackay, R.M.; Probert, S.D.

    1993-01-01

    This investigation had two objectives. The first was to consider future problems of the oil industry, as envisaged at the time of the impending 1973-74 unit-oil-price crisis. To this end, selected early 1970's pertinent published papers have been analysed and their conclusions now assessed in hindsight. The chosen published articles were considered then to be in part controversial, visionary and simultaneously, often predicting very different outcomes for the future supply, demand and unit cost of crude oil. The second objective was to assess pertinent recent research, and compare what we at present believe to be the status quo for the oil industry, with the perception of how the industry would have developed as portrayed by the early 1970's oil publications. (author)

  14. False security: the effects of long-term oil supply disruptions in a slack oil market

    Energy Technology Data Exchange (ETDEWEB)

    Kah, M; Kruvant, W J

    1984-01-01

    The authors contention that the US should continue to be concerned about energy emergency preparedness, in the event of a long-term disruption of oil supplies, despite current slack economic conditions on the international market is outlined. One quarter of the world's total supply still comes from politically volatile areas of North Africa and the Middle East, and although oil imports have fallen off, the US is still vulnerable.

  15. US energy product supply elasticities. A survey and application to the US oil market

    International Nuclear Information System (INIS)

    Dahl, Carol; Duggan, Thomas E.

    1996-01-01

    We survey studies of simple energy supply models to find the most promising technique for developing supply elasticities in the U.S. crude oil market. The two dozen studies located include direct estimates of energy supply elasticities or cost studies from which supply or reserve elasticities can be inferred. We include all available studies for all forms of energy both primary and secondary. We find direct estimates of oil supply to obtain weak results unless depletion and price expectations are included. Oil product supply elasticities vary widely across studies but appear to be elastic. Studies that estimate reserve price elasticities by computing reserve costs appear to be the most promising for estimating reserve elasticities for fossil fuel supply. Hence we apply this technique to US oil reserves and find a reserve elasticity of 1.27

  16. Oil supply increase due in 1996's second half

    International Nuclear Information System (INIS)

    Beck, R.J.

    1996-01-01

    The crucial oil-market issue for this year's second half is new supply. Production will increase again outside the Organization of Petroleum Exporting Countries. And Iraq has general approval to resume exports under limits set by the United Nations, although start of the exports has been delayed by at least 60 days. The big question is the market's ability to absorb the supply gains. As usual, the market's need for oil in the second half will depend on economies. So far in 1996, economic growth has pushed consumption to levels unexpected a year ago. Demand the rest of the year depends heavily on economic performances of the industrialized nations that make up the organization for Economic Cooperation and Development (OECD) and the rapidly growing nations of the Asia-Pacific region. Growth in countries elsewhere in the developing world, especially Latin America, remains a wild card. The paper discusses the worldwide outlook, crude oil prices, US product prices, natural gas prices, US economy, US energy demand, natural gas in the US, US oil demand, gasoline prices, distillate gains, resid slumps, LPG, ethane, US supply, production patterns, rise in refinery capacity, imports, stocks, and stock coverage

  17. Proceedings of the CERI 2004 Oil Conference : Insecurity of supply? CD-ROM ed.

    International Nuclear Information System (INIS)

    2004-01-01

    The 21 presentations at this conference reflected recent developments in the international petroleum industry with particular focus on the outlook of world energy markets and prospects for oil supply and reserves. Topics of discussion included an outlook for world oil prices, geopolitical hotspots for oil exporting countries, and geopolitical warm spots for the former Soviet Union. The conference also featured a debate on oil supply, prices and markets for Canadian oil. The significant potential of the Western Canadian oil sands reserves was also discussed with reference to oil sands supply outlook and development issues. Several presentations reviewed environmental issues such as climate change and the responsible use of water. The conference also provided an opportunity for participants to discuss the role that non-conventional oil play will play in the current marketplace. Thirteen papers were indexed separately for inclusion in the database. tabs., figs

  18. Questioning the sustainable palm oil demand: case study from French-Indonesia supply chain

    Science.gov (United States)

    Chalil, D.; Barus, R.

    2018-02-01

    Sustainable palm oil has been widely debated. Consuming countries insist certified sustainable produces palm oil, but in fact the absorption of the certified palm oil is still less than 60%. This raise questions about the sustainable palm oil demand. In this study, such a condition will be analysed in French-Indonesia supply chain case. Using monthly and quarterly data from 2010 to 2016 with Autoregressive Distributed Lag (ARDL) approach and Error Correction Model, demand influencing factors and price integration in each market of the supply chain is estimated. Two scenarios namely re-export and direct export models are considered in the Error Correction Model. The results show that France Gross Domestic Product, prices of France palm oil import from Indonesia, Malaysia, and Germany, and price of France groundnut import significantly influence the France palm oil import volume from Indonesia. Prices in each market along palm oil re-export France-Indonesia supply chain are co-integrated and converge towards long-run equilibrium, but not in the direct export supply chain. This leads to a conclusion that France market preferences in specific and EU market preferences in general need to be considered by Indonesian palm oil decision makers.

  19. Non-OPEC Oil Supply: Economics and Energy Policy Options

    Energy Technology Data Exchange (ETDEWEB)

    Mourik, Maarten van [Paris (France); Shepherd, Richard K. [Perpignan (France)

    2003-07-01

    Apart from the enigmatic FSU, there is little prospect of long term growth for non-OPEC oil supply and a strong likelihood that over the next few years the trend will flatten and then decline irrevocably. Decline will come faster if the spectacular discoveries in the deep water offshore plays of the southern Atlantic and the Gulf of Mexico attract sufficient investment to match the loss of production in the North Sea. Deep water oil supply might be expected to reach a peak of as much as 6-7 million barrels a day by the time the North Sea has lost more than half its current output in the period beyond 2010. But economics play as strong a role as geology in real world oil business. Current indicators suggest that the prolific deep water wells are delivering less oil than expected and for a shorter period. That means less revenue. This paper outlines the disappointing performance of recent offshore fields, in both deep water and conventional water depths, and suggests consequences for global supply in the next decade. The 30 year success story of non-OPEC oil supply stems directly from the oil price revolution of the 1970s, without which the North Sea and most other offshore oil plays would not have been economic. The non-OPEC oil boom was also necessary because access to the cheap oil of the Persian Gulf and a few other plays were simply not available to the international private sector oil industry, as they had been before. That era is now over. It is ending not because oil is too cheap, but because there are powerful reasons for change. Firstly there is not enough oil left to make a difference beyond the next few years. Secondly, the economics of deep water and other offshore oil may not be attractive enough. Thirdly the doors to the Middle East are now being opened again to companies that can write those assets on their balance sheets and generate profits, allowing better return on investment and their higher share prices. There is no more compelling reason for a

  20. The oil price and non-OPEC supplies

    International Nuclear Information System (INIS)

    Seymour, A.

    1990-01-01

    The purpose of this study is to examine in detail a major supply development - that of non-OPEC oil in the 1970s and 1980s - in order to determine whether a part, if any, of the increase in non-OPEC production after the price shocks was unambiguously due to decisions and developments that preceded the price shocks. This 'historical' approach which examines facts in detail and in their exact chronology enables us to disaggregate the increase in non-OPEC production into two parts; one that is totally independent of the price shocks and one that could not be said in all certainty to have been influenced by the price rise. This study thus provides a maximalist answer to the question: 'How much of the increase is non-OPEC supplies was due to the price shocks?' Our main finding however is that the maximum amount that can be attributed to the price rise is but a fraction of the total supply increase. As a foundation on which to generalize on the effect of the oil price shocks on non-OPEC supplies as a whole, case studies on eighteen non-OPEC producers are presented. These are: the UK, Norway, Egypt, Mexico, Angola, Cameron, the Congo, Brazil, Colombia, Peru, Australia, India, the Federation of Malaysia, Oman, the USA, Canada, the USSR and China. Together, these countries have accounted for over 90% of total cumulative non-OPEC supply between 1974 and 1987, inclusive. (author)

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

    International Nuclear Information System (INIS)

    Krichene, Noureddine

    2002-01-01

    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

  2. The oil price and non-OPEC supplies

    International Nuclear Information System (INIS)

    Seymour, A.

    1991-01-01

    The design of any effective oil pricing policy by producers depends on a knowledge of the nature and complexity of supply responses. This book examines the development of non-OPEX oil reserves on a field-by-filed basis to determine how much of the increase in non-OPEC production could be attributable to the price shocks and how much was unambiguously due to decisions and developments that preceded the price shocks. Results are presented in eighteen case-studies of non-OPEC producers. This study will be of interest to economists and planners specializing in the upstream and to policy makers both in oil producing and consuming countries

  3. California demand and supply of crude oil: An econometric analysis with projections to 2000

    International Nuclear Information System (INIS)

    Ibegbulam, B.N.

    1991-01-01

    Forecast of California domestic crude oil supply requires the forecasts of California crude oil production and supply from Alaska. Future California crude oil production is forecast with an econometric model that postulates production as a function of reserves and reserves as a function of crude oil prices and exploration and development costs. Future supplies from Alaska are obtained by subtracting forecasts of Alaskan crude oil demand and shipments to the States of Hawaii, Oregon, and Washington from Alaskan North Slope crude oil production forecasts. A two-stage process was used to forecast future California crude oil demand. In the first stage, the demand for refined crude oil products was predicted with a single-equation double logarithmic rational-expectations dynamic model. In the second stage, the total demands obtained in the first stage were converted into a crude oil equivalent. It was found that the current surplus of domestic crude oil in California will end in 1994. Thereafter, California crude oil imports will sharply increase

  4. Well-to-refinery emissions and net-energy analysis of China's crude-oil supply

    Science.gov (United States)

    Masnadi, Mohammad S.; El-Houjeiri, Hassan M.; Schunack, Dominik; Li, Yunpo; Roberts, Samori O.; Przesmitzki, Steven; Brandt, Adam R.; Wang, Michael

    2018-03-01

    Oil is China's second-largest energy source, so it is essential to understand the country's greenhouse gas emissions from crude-oil production. Chinese crude supply is sourced from numerous major global petroleum producers. Here, we use a per-barrel well-to-refinery life-cycle analysis model with data derived from hundreds of public and commercial sources to model the Chinese crude mix and the upstream carbon intensities and energetic productivity of China's crude supply. We generate a carbon-denominated supply curve representing Chinese crude-oil supply from 146 oilfields in 20 countries. The selected fields are estimated to emit between 1.5 and 46.9 g CO2eq MJ-1 of oil, with volume-weighted average emissions of 8.4 g CO2eq MJ-1. These estimates are higher than some existing databases, illustrating the importance of bottom-up models to support life-cycle analysis databases. This study provides quantitative insight into China's energy policy and the economic and environmental implications of China's oil consumption.

  5. Markets during world oil supply crises: an analysis of industry, consumer, and governmental response

    Energy Technology Data Exchange (ETDEWEB)

    Erfle, Stephen; Pound, John; Kalt, Joseph

    1981-04-01

    An analysis of the response of American markets to supply crises in world oil markets is presented. It addresses four main issues: the efficiency of the operation of American oil markets during oil supply crises; the problems of both economic efficiency and social equity which arise during the American adaptation process; the propriety of the Federal government's past policy responses to these problems; and the relationship between perceptions of the problems caused by world oil crises and the real economic natures of these problems. Specifically, Chapter 1 presents a theoretical discussion of the effects of a world supply disruption on the price level and supply availability of the world market oil to any consuming country including the US Chapter 2 provides a theoretical and empirical analysis of the efficiency of the adaptations of US oil product markets to higher world oil prices. Chapter 3 examines the responses of various groups of US oil firms to the alterations observed in world markets, while Chapter 4 presents a theoretical explanation for the price-lagging behavior exhibited by firms in the US oil industry. Chapter 5 addresses the nature of both real and imagined oil market problems in the US during periods of world oil market transition. (MCW)

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

    International Nuclear Information System (INIS)

    Krichene, N.

    2002-01-01

    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)

  7. What is behind the increase in oil prices? Analyzing oil consumption and supply relationship with oil price

    International Nuclear Information System (INIS)

    Gallo, Andres; Mason, Paul; Shapiro, Steve; Fabritius, Michael

    2010-01-01

    The continuing increases in oil prices have renewed the argument over the real culprits behind these movements. The growth in demand for oil in international markets, especially from the United States and China, is often identified as the main source of consumption pressure on prices, and thus the upward trend in oil prices. This paper uses unit root tests with two endogenous breaks to analyze the characteristics of oil prices, production, and consumption for several countries. By taking into account structural breaks, we find that many countries' oil consumption and oil prices are stationary, while other countries' are not. We also perform causality tests to determine the direction of any possible relationship between oil price and oil consumption and production. Our statistical analysis reveals that production variables cause oil prices, while oil prices tend to cause consumption. As a result, we claim that the blame for the recent fluctuations in oil prices is more appropriately associated with supply factors, not consumption influences. (author)

  8. The importance of North Sea oil to European energy supply

    International Nuclear Information System (INIS)

    Bauw, R. De

    1992-01-01

    There is no doubt about the importance of North Sea oil to the energy supply of the European Community. One might however be used to it and forget about the nature and the size of its impact on our economies. Firstly, this paper intends to estimate this impact - past, present and future. Secondly, a more qualitative approach will explore possible consequences of the implementation of the internal market for North Sea oil. Thirdly, the assistance given by the Community to innovative technologies which enabled North Sea oil to contribute, under better economic conditions and within a safer environment, to our supply is recalled. And finally, some remarks on energy policy form an EC perspective, are offered. (author)

  9. Crude oil and natural gas supplies and demands for Denmark

    International Nuclear Information System (INIS)

    Mackay, R.M.; Probert, S.D.

    1995-01-01

    A novel technique for forecasting the supply and extraction life-cycle of a depleting fossil fuel resource has been developed. The supply side utilises a 'skewed-normal production-profile' model that yields a better representation than earlier approaches. A simple model for extrapolating crude oil and natural gas demands has also been devised, based on the so called 'modified logit function'. The predicted crude oil and natural gas balances for the period up to AD 2010 indicate the disparity between indigenous production and future consumption for Denmark. These forecasts depend on current estimates of remaining oil and gas reserves. It will consequently be necessary to revise periodically the present projections as more reliable reserve estimates become available. (author)

  10. Energy crisis management: ways to cope with disruption in oil supply

    Energy Technology Data Exchange (ETDEWEB)

    Kanoh, T

    1981-03-10

    The causes and impacts of past oil-supply disruptions are examined in terms of the effectiveness of management strategies used to deal with the crisis. Progress is noted in the recent decline of US imports, augmented oil stockpiles, a turnaway from the spot market, oil self-sufficiency for Britain, conservation programs in France, price decontrol in Canada, and alternative energy projects in Japan. The International Energy Agency (IEA) plans to develop an emergency scheme that first seeks to minimize the chance of a crisis arising and then to minimize adverse impacts should one occur. The first part of the strategy incorporates demand management, increased energy production, cooperation between producing and consuming countries, and political stability. The emergency measures for dealing with an actual crisis will emphasize life and safety. 15 references. (DCK)

  11. Oil turbulence in the next decade. An essay on high oil prices in a supply-constrained world

    International Nuclear Information System (INIS)

    Jesse, J.H.; Van der Linde, C.

    2008-06-01

    A CIEP analysis of the recent development of demand and supply for crude oil indicates that the mismatch in supply and demand growth could cause tighter oil markets than we already experience today. In the World Energy Outlook 2007, the International Energy Agency (IEA) warned of a possible 'energy crunch'. But what was anticipated to happen in the first part of the next decade has been fast-forwarded to today, more than 5 years earlier, and could shake the very foundation of our energy systems if no action is undertaken. Without exaggeration, the recent developments in the international oil market are ground-breaking: a little over a year ago, in January 2007, the West Texas Intermediate crude oil price (WTI) traded for USD50 dollar a barrel. Within a year, the price doubled to USD100 per barrel in January 2008 and pushed through to over USD135 in June 2008, against the backdrop of the fresh market supposition about reaching a whopping USD200 per barrel in 2009. If this proves to be true, the world will not only have moved from an 'Oil Demand-led World' to an 'Oil Supply-constrained World' (since 2004) but, more importantly, will then also experience a radical change in the oil price formation. Until recently, the oil price was largely underpinned by the marginal cost of the last barrel needed to match demand, with some political and economic conjuncture mark-ups or -downs. As will be presented in this paper, the current high oil prices are still primarily driven by structural factors that can be well explained without resorting to blaming speculative investors playing the futures market or the low dollar. But if prices are heading towards USD200 a barrel in 12 months' time, or for that matter even to USD150 a barrel, other drivers will gain prominence over marginal costs as the main driver. In that case, OPEC will have accomplished a long-held wish: oil will then be priced at its real value in the Western world (for instance the economic value of mobility for

  12. Oil supply on demand: Oil pumps in serial application; Bedarfsgerechte Oelversorgung: Regeloelpumpen im Serieneinsatz

    Energy Technology Data Exchange (ETDEWEB)

    Lamparski, C. [S H W Automotive GmbH und Co. KG, Bad Schussenried (Germany)

    2007-07-01

    Usually, constant displacement oil pumps are used for the oil supply of combustion engines. Gerotor, helical or spur gear pumps or vane pumps are the most common solutions. The disadvantage of the mentioned design is the oil delivery as function of pump speed, independent from the engine needs. Variability of oil delivery for reduction of hydraulic losses is the logical consequence. The first variable displacement oil pump which has fulfilled this requirement is the Internal Regulated Oil Pump (IRP). The mass production of this oil pump started in 2002. The solution for outer gear pumps and vane cells followed shortly. The following contribution gives a summary of different technical concepts for adjusting of oil delivery, beginning with pump pressure as a leading value till map regulation and its transformation in mass production products. (orig.)

  13. A comparison of oil supply risks in EU, US, Japan, China and India under different climate scenarios

    International Nuclear Information System (INIS)

    Moerkerk, Mike van; Crijns-Graus, Wina

    2016-01-01

    For many countries, the inflow of energy is essential to keep economies running. Oil is typically considered to be the most critical fuel as an input for the petro-chemical and transportation sector and due to limited and less spread reserves. In this study external oil supply risks are assessed for the period up to 2035 for the European Union, United States, China, Japan and India (being the five largest importers of oil in the world), based on their current supplier portfolio. Scenarios are constructed for several climate policy and oil-supply projections. It is found that risks increase strongly, when stringent climate policies are prevented from being implemented, especially when a peak in oil supply is taken into account, resulting in major oil supply-disruptions. China faces the lowest oil supply risks in most scenarios but the trends of India, China and US converge over time due to increasing import dependency of China and India. Japan faces high risks since the country has the highest oil import dependency combined with a low oil import diversification. For the EU, all figures are strongly influenced by Russia, accounting for 32% of total imports, and to a lesser extent Norway (11%), with high overall risks. - Highlights: • External oil supply risks are assessed up to 2035 under different scenarios. • Included countries are EU, US, China, Japan and India (largest importers of oil). • India, China and EU show increasing oil supply risks in all scenarios. • Strong climate policies are needed to reduce future risks. • A constructed peak oil scenario predicts major oil supply disruptions.

  14. Documentation of the oil and gas supply module (OGSM)

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1996-01-01

    The purpose of this report is to define the objectives of the Oil and Gas Supply Model (OGSK, to describe the model`s basic approach, and to provide detail on how the model works. This report is intended as a reference document for model analysts, users, and the public. It is prepared in accordance with the Energy Information Administration`s (EIA) legal obligation to provide adequate documentation in support of its statistical and forecast reports (Public Law 93-275, Section 57(b)(2). OGSM is a comprehensive framework with which to analyze oil and gas supply potential and related issues. Its primary function is to produce forecast of crude oil, natural gas production, and natural gas imports and exports in response to price data received endogenously (within NEMS) from the Natural Gas Transmission and Distribution Model (NGTDM) and the Petroleum Market Model (PMM). To accomplish this task, OGSM does not provide production forecasts per se, but rather parameteres for short-term domestic oil and gas production functions and natural gas import functions that reside in PMM and NGTDM.

  15. Documentation of the oil and gas supply module (OGSM)

    International Nuclear Information System (INIS)

    1996-01-01

    The purpose of this report is to define the objectives of the Oil and Gas Supply Model (OGSK, to describe the model's basic approach, and to provide detail on how the model works. This report is intended as a reference document for model analysts, users, and the public. It is prepared in accordance with the Energy Information Administration's (EIA) legal obligation to provide adequate documentation in support of its statistical and forecast reports (Public Law 93-275, Section 57(b)(2). OGSM is a comprehensive framework with which to analyze oil and gas supply potential and related issues. Its primary function is to produce forecast of crude oil, natural gas production, and natural gas imports and exports in response to price data received endogenously (within NEMS) from the Natural Gas Transmission and Distribution Model (NGTDM) and the Petroleum Market Model (PMM). To accomplish this task, OGSM does not provide production forecasts per se, but rather parameteres for short-term domestic oil and gas production functions and natural gas import functions that reside in PMM and NGTDM

  16. Non-OPEC oil supply

    International Nuclear Information System (INIS)

    Mohammad, Y.H.

    1990-01-01

    The concentration of world oil reserves in members of the Organization of the Petroleum Exporting Countries (OPEC) has resulted in directing most of the attention toward them. Analysts in energy and petroleum place particular emphasis on developments within these countries. This emphasis is well placed and justified if the scope of the study is long term. However, it would be imprudent to minimize the role of non-OPEC producers in the world petroleum market if the scope of the study is short or medium term. The profiles of production in these countries assume particular importance in assessing market equilibrium and the resulting price pattern. Moreover, development since the early 1980s proved the resilience of production in non-OPEC nations and their ability to maintain production despite a substantial price decline. In fact, some of the countries were able to expand their output despite the decline in prices. In order to analyze this phenomenon, the present paper attempts to utilize available data to estimate an aggregate supply function for the non-OPEC producers as well as a separate supply function for the U.K. North Sea region. The objective is to assess the shape of the supply function and to get reliable estimates of the supply elasticity. The next section outlines the profiles of reserves and production in both OPEC and non-OPEC countries. Thereafter, the data and the estimation method are discussed. The subsequent fourth section presents the results of the estimation, followed by a summary and conclusions. 2 figs., 4 tabs

  17. Energy security of supply and oil shale resources

    International Nuclear Information System (INIS)

    Elkarmi, F.

    1994-01-01

    Jordan must utilize its huge oil shale deposits in order to increase domestic security of energy supply and benefit financially. Utilization processes will require large scale financial expenditures, beyond Jordan's means. Therefore, the BOT scheme seems to be the perfects solution. Since oil shale retorting technology will produce oil which can be traded to generate valuable foreign exchange revenues, it is more advantageous than direct burning technology which produces electricity limited to local consumption regardless of economics. Under the BOT scheme, the incentive, for the foreign sponsor is to return his investment via quantities of oil; for Jordan the aim is to meet local energy demand and acquire the plant infrastructure in the long term. Recent events in the more traditional oil fields of the region make such a project in Jordan more attractive. (author) 3 tabs. 2 figs

  18. Oil-Price Shocks: Beyond Standard Aggregate Demand/Aggregate Supply Analysis.

    Science.gov (United States)

    Elwood, S. Kirk

    2001-01-01

    Explores the problems of portraying oil-price shocks using the aggregate demand/aggregate supply model. Presents a simple modification of the model that differentiates between production and absorption of goods, which enables it to better reflect the effects of oil-price shocks on open economies. (RLH)

  19. Security concerns in the Middle East for oil supply: Problems and solutions

    International Nuclear Information System (INIS)

    Sen, Samil; Babali, Tuncay

    2007-01-01

    Comprising 65-70% of the world's oil reserves, the Gulf States (Saudi Arabia, Iran, Iraq, Kuwait, UAE and Qatar) are key countries for the solutions to the energy supply matters of the world. Free flow of oil to the world markets from Gulf region is an indispensable part of the major security issues. The Middle East has had mainly security related problems such as Arab-Israeli wars and conflicts, Arab-Iranian war and conflicts, Arab-Arab war and conflicts, US-Gulf wars and conflicts and more recently radicalism and terrorist attacks. Energy supply security requires the enhancement of the peace and cooperation between countries instead of competition. Preventive policy approaches are more suitable to address energy supply matters. Preventive strategy might be possible with the active participation of NATO within the 'out of area' type operations to the Middle East and quite possibly indirectly to the Asia-Pacific regions. Religious and ethnic radicalism and terrorist attacks has also direct effects over oil supply security matters

  20. Mixed Integer Linear Programming model for Crude Palm Oil Supply Chain Planning

    Science.gov (United States)

    Sembiring, Pasukat; Mawengkang, Herman; Sadyadharma, Hendaru; Bu'ulolo, F.; Fajriana

    2018-01-01

    The production process of crude palm oil (CPO) can be defined as the milling process of raw materials, called fresh fruit bunch (FFB) into end products palm oil. The process usually through a series of steps producing and consuming intermediate products. The CPO milling industry considered in this paper does not have oil palm plantation, therefore the FFB are supplied by several public oil palm plantations. Due to the limited availability of FFB, then it is necessary to choose from which plantations would be appropriate. This paper proposes a mixed integer linear programming model the supply chain integrated problem, which include waste processing. The mathematical programming model is solved using neighborhood search approach.

  1. Papers of the Canadian Institute's 3. annual conference : oil sands supply and infrastructure : labour supply, upgraders, transportation, pipelines

    International Nuclear Information System (INIS)

    2005-01-01

    The focus of this conference was on the development of the oil sands industry, with specific reference to issues concerning supply and infrastructure. Energy source development and transmission issues were discussed, as well as transportation systems. The impact of increased oil sands development on pipelines was also examined. Various fuel options were discussed, including the use of hydrogen, natural gas and alternate fuels in manufacturing and processing plants. Economic drivers and the creation of new markets were examined, and various export opportunities were reviewed. The environmental impact of increased oil sands activity was discussed, with specific reference to the Boreal regions. Management challenges in the oil sands industry were also discussed along with issues concerning human resources, labour supply, training and education. The conference featured 15 presentations, of which 13 have been catalogued separately for inclusion in this database. refs., tabs., figs

  2. Intrastate conflict in oil producing states: A threat to global oil supply?

    International Nuclear Information System (INIS)

    Toft, Peter

    2011-01-01

    In this paper I investigate how often and how much outbreaks of intrastate conflict in oil producing states translates into oil supply shortfalls. The Libyan conflict that broke out in February 2011 highlighted the fear that intrastate conflict in oil producing states may imply shortfalls and ensuing volatile global oil prices. I argue, however, that it is far from certain that shortfalls following conflict outbreak will occur, since both sides in a conflict face incentives simultaneously to protect and maintain oil installations and to strike and destroy these. Based on a quantitative analysis of 39 intrastate wars in oil producing countries (1965-2007) I conclude that outbreak of conflict does not translate into production decline with any certainty. In fact, likelihoods are less than 50% for reductions to occur. In many cases growing production actually followed conflict outbreak. I conclude by investigating four characteristics of intrastate conflict that may explain when oil production is at risk during conflict: (1) proximity of oil producing fields to key battle zones, (2) duration of conflict, (3) separatism and the location of oil in separatist territory, and (4) the relative size of oil production. While the first three factors did not prove important, oil producer size could be significant. But further research is needed to establish this with greater certainty. - Highlights: → Oil shortfall during intrastate conflict is not a given. → Statistical analysis of 39 intrastate conflicts in oil producing countries since 1965. → Examination of four characteristics of intrastate conflict in oil producing countries. → Marginal significance related to large producers and production shortfall.

  3. Intrastate conflict in oil producing states: A threat to global oil supply?

    Energy Technology Data Exchange (ETDEWEB)

    Toft, Peter, E-mail: peter.toft@ec.europa.eu [Institute for Energy, Joint Research Centre of the European Commission, Westerduinweg 3, 1755 ZG Petten (Netherlands)

    2011-11-15

    In this paper I investigate how often and how much outbreaks of intrastate conflict in oil producing states translates into oil supply shortfalls. The Libyan conflict that broke out in February 2011 highlighted the fear that intrastate conflict in oil producing states may imply shortfalls and ensuing volatile global oil prices. I argue, however, that it is far from certain that shortfalls following conflict outbreak will occur, since both sides in a conflict face incentives simultaneously to protect and maintain oil installations and to strike and destroy these. Based on a quantitative analysis of 39 intrastate wars in oil producing countries (1965-2007) I conclude that outbreak of conflict does not translate into production decline with any certainty. In fact, likelihoods are less than 50% for reductions to occur. In many cases growing production actually followed conflict outbreak. I conclude by investigating four characteristics of intrastate conflict that may explain when oil production is at risk during conflict: (1) proximity of oil producing fields to key battle zones, (2) duration of conflict, (3) separatism and the location of oil in separatist territory, and (4) the relative size of oil production. While the first three factors did not prove important, oil producer size could be significant. But further research is needed to establish this with greater certainty. - Highlights: > Oil shortfall during intrastate conflict is not a given. > Statistical analysis of 39 intrastate conflicts in oil producing countries since 1965. > Examination of four characteristics of intrastate conflict in oil producing countries. > Marginal significance related to large producers and production shortfall.

  4. SCOR based key success factors in cooking oil supply chain buyers perspective in Padang City

    Science.gov (United States)

    Zahara, Fatimah; Hadiguna, Rika Ampuh

    2017-11-01

    Supply chain of cooking oil is a network of companies from palm oil as raw material to retailers which work to create the value and deliver products into the end consumers. This paper is aimed to study key success factors based on consumer's perspective as the last stage in the supply chain. Consumers who are examined in this study are restaurants management or owners. Restaurant is the biggest consumption of cooking oil. The factors is studied based on Supply Chain Operation Reference (SCOR) version 10.0. Factors used are formulated based on the third-level metrics of SCOR Model. Factors are analyzed using factors analysis. This study found factors which become key success factors in managing supply chain of cooking oil encompass reliability, responsiveness and agility. Key success factors can be applied by governments as policy making and cooking oil companies as formulation of the distribution strategies.

  5. Development of oil supply and demand planning model for mid- and long-term

    Energy Technology Data Exchange (ETDEWEB)

    Kim, Sung Hyun [Korea Energy Economics Institute, Euiwang (Korea)

    1997-10-01

    Despite the liberalization of oil market, a systematic model is required for reasonable supply and demand of oil, which still has an important influence on industry and state economy. It is required a demand model deriving prospects of each sector and product and a supply model examining the optimum rate of operation, production mix of products, stock, export and import, and the size of equipment investment to meet given demand. As the first phase for the development of supply and demand model, the existing oil and energy models in domestic and overseas were reviewed and recommendations for establishing a Korean oil supply and demand model were derived in this study. Based on these, a principle for establishing a model and a rough framework were set up. In advance of mid- and long-term prospects, a short-term prospect model was established and the short-term prospects for the first quarter of 1999 and for the year 1999 were presented on trial. Due to the size and characters of a supply model, a plan for an ideal model was first explained and then a plan for creating a model step by step was presented as a realistic scheme. (author). 16 refs., 9 figs., 19 tabs.

  6. Security concerns in the Middle East for oil supply: Problems and solutions

    Energy Technology Data Exchange (ETDEWEB)

    Sen, Samil [Istanbul Univ., Dept. of Geology, Istanbul (Turkey); Babali, Tuncay [Houston Univ., Dept. of Political Science, Houston, TX (United States)

    2007-03-15

    Comprising 65-70% of the world's oil reserves, the Gulf States (Saudi Arabia, Iran, Iraq, Kuwait, UAE and Qatar) are key countries for the solutions to the energy supply matters of the world. Free flow of oil to the world markets from Gulf region is an indispensable part of the major security issues. The Middle East has had mainly security related problems such as Arab-Israeli wars and conflicts, Arab-Iranian war and conflicts, Arab-Arab war and conflicts, US-Gulf wars and conflicts and more recently radicalism and terrorist attacks. Energy supply security requires the enhancement of the peace and cooperation between countries instead of competition. Preventive policy approaches are more suitable to address energy supply matters. Preventive strategy might be possible with the active participation of NATO within the 'out of area' type operations to the Middle East and quite possibly indirectly to the Asia-Pacific regions. Religious and ethnic radicalism and terrorist attacks has also direct effects over oil supply security matters. (Author)

  7. Impact Of The Oil Trade On The Global Economy And The Role Of Giant Fields In Predicting Supply

    Energy Technology Data Exchange (ETDEWEB)

    Kelley, Wayne; Bishop, Richard

    2010-09-15

    Confusion about global oil supply ('peak oil') is a distraction from the economic issue of massive wealth transfer associated with oil trading and its potential to destabilize the world economy. Without an accurate forecast of oil volumes (resources, reserves and supply), timing and cost, there is no reliable way to model the consequences of the oil trade on the global economy. This paper illustrates why it is imperative to improve our understanding of the oil trade on the global economy and proposes a method of forecasting oil supply for input into a credible global economic model.

  8. Oil vulnerability index of oil-importing countries

    International Nuclear Information System (INIS)

    Gupta, Eshita

    2008-01-01

    This paper assesses the relative oil vulnerability of 26 net oil-importing countries for the year 2004 on the basis of various indicators - the ratio of value of oil imports to gross domestic product (GDP), oil consumption per unit of GDP, GDP per capita and oil share in total energy supply, ratio of domestic reserves to oil consumption, exposure to geopolitical oil market concentration risks as measured by net oil import dependence, diversification of supply sources, political risk in oil-supplying countries, and market liquidity. The approach using the principal component technique has been adopted to combine these individual indicators into a composite index of oil vulnerability. Such an index captures the relative sensitivity of various economies towards developments of the international oil market, with a higher index indicating higher vulnerability. The results show that there are considerable differences in the values of individual indicators of oil vulnerability and overall oil vulnerability index among the countries (both inter and intraregional). (author)

  9. Oil vulnerability index of oil-importing countries

    Energy Technology Data Exchange (ETDEWEB)

    Gupta, Eshita [The Energy and Resources Institute, Darbari Seth Block, Habitat Place, New Delhi 110 003 (India)

    2008-03-15

    This paper assesses the relative oil vulnerability of 26 net oil-importing countries for the year 2004 on the basis of various indicators - the ratio of value of oil imports to gross domestic product (GDP), oil consumption per unit of GDP, GDP per capita and oil share in total energy supply, ratio of domestic reserves to oil consumption, exposure to geopolitical oil market concentration risks as measured by net oil import dependence, diversification of supply sources, political risk in oil-supplying countries, and market liquidity. The approach using the principal component technique has been adopted to combine these individual indicators into a composite index of oil vulnerability. Such an index captures the relative sensitivity of various economies towards developments of the international oil market, with a higher index indicating higher vulnerability. The results show that there are considerable differences in the values of individual indicators of oil vulnerability and overall oil vulnerability index among the countries (both inter and intraregional). (author)

  10. Strategic and tactical mathematical programming models within the crude oil supply chain context : A review

    NARCIS (Netherlands)

    Sahebi, H.; Nickel, S.; Ashayeri, J.

    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

  11. Risk assessment in the upstream crude oil supply chain: Leveraging analytic hierarchy process

    Science.gov (United States)

    Briggs, Charles Awoala

    For an organization to be successful, an effective strategy is required, and if implemented appropriately the strategy will result in a sustainable competitive advantage. The importance of decision making in the oil industry is reflected in the magnitude and nature of the industry. Specific features of the oil industry supply chain, such as its longer chain, the complexity of its transportation system, its complex production and storage processes, etc., pose challenges to its effective management. Hence, understanding the risks, the risk sources, and their potential impacts on the oil industry's operations will be helpful in proposing a risk management model for the upstream oil supply chain. The risk-based model in this research uses a three-level analytic hierarchy process (AHP), a multiple-attribute decision-making technique, to underline the importance of risk analysis and risk management in the upstream crude oil supply chain. Level 1 represents the overall goal of risk management; Level 2 is comprised of the various risk factors; and Level 3 represents the alternative criteria of the decision maker as indicated on the hierarchical structure of the crude oil supply chain. Several risk management experts from different oil companies around the world were surveyed, and six major types of supply chain risks were identified: (1) exploration and production, (2) environmental and regulatory compliance, (3) transportation, (4) availability of oil, (5) geopolitical, and (6) reputational. Also identified are the preferred methods of managing risks which include; (1) accept and control the risks, (2) avoid the risk by stopping the activity, or (3) transfer or share the risks to other companies or insurers. The results from the survey indicate that the most important risk to manage is transportation risk with a priority of .263, followed by exploration/production with priority of .198, with an overall inconsistency of .03. With respect to major objectives the most

  12. Energy supply security in Europe: principles and measures

    International Nuclear Information System (INIS)

    Keppler, J.H.

    2007-01-01

    After having recalled a dozen of reasons for some worries about energy supply security in Europe during the past months (oil price increase, intentional interruption of gas and oil deliveries by Russia respectively to Ukraine and Belarus, creation of a new CO 2 trading scheme, tensions on the European electricity markets, and so on), the author distinguishes and discusses those which are actually a threat to energy supply and those which are not. Then, he proposes a classification of these threats in relationship with the reasons for delivery interruption, production capacity limitation, or price increase. These reasons can be political situations and decisions, technical problems, commercial reasons. Then, the author examines what European policy makers can do to manage these risks and ensure energy supply security. This needs economic as well as political responses, coherence between domestic energy policies and energy supply security, and an efficient foreign policy based on a multilateral approach

  13. Measuring the security of external energy supply in the European Union

    Energy Technology Data Exchange (ETDEWEB)

    Le Coq, Chloe [SITE, Stockholm School of Economics, P.O. Box 6501, Stockholm 11383 (Sweden); Paltseva, Elena [Department of Economics, Copenhagen University, Oester Farimagsgade 5, Building 26, 1353 Copenhagen (Denmark)

    2009-11-15

    The security of energy supply is one of the main objectives of EU energy policy. In this paper, we introduce an index designed to evaluate the short-term risks associated with the external supply of energy to the EU Member States. It combines measures of energy import diversification, political risks of the supplying country, risk associated with energy transit, and the economic impact of a supply disruption. We construct separate indexes for three primary energy types, oil, gas and coal, and demonstrate that Member States' levels of supply risk exposure differ across energies. Most other studies of this kind provide aggregate indexes combining different types of energy. Our results suggest that an aggregate approach could be misleading, at least for discussions of the short-term response to risks. We discuss the implications of our findings for the common energy policy. (author)

  14. Measuring the security of external energy supply in the European Union

    International Nuclear Information System (INIS)

    Le Coq, Chloe; Paltseva, Elena

    2009-01-01

    The security of energy supply is one of the main objectives of EU energy policy. In this paper, we introduce an index designed to evaluate the short-term risks associated with the external supply of energy to the EU Member States. It combines measures of energy import diversification, political risks of the supplying country, risk associated with energy transit, and the economic impact of a supply disruption. We construct separate indexes for three primary energy types, oil, gas and coal, and demonstrate that Member States' levels of supply risk exposure differ across energies. Most other studies of this kind provide aggregate indexes combining different types of energy. Our results suggest that an aggregate approach could be misleading, at least for discussions of the short-term response to risks. We discuss the implications of our findings for the common energy policy. (author)

  15. Explaining crude oil prices using fundamental measures

    International Nuclear Information System (INIS)

    Coleman, Les

    2012-01-01

    Oil is the world's most important commodity, and improving the understanding of drivers of its price is a longstanding research objective. This article analyses real oil prices during 1984–2007 using a monthly dataset of fundamental and market parameters that cover financial markets, global economic growth, demand and supply of oil, and geopolitical measures. The innovation is to incorporate proxies for speculative and terrorist activity and dummies for major industry events, and quantify price impacts of each. New findings are positive links between oil prices and speculative activity, bond yields, an interaction term incorporating OPEC market share and OECD import dependence, and the number of US troops and frequency of terrorist attacks in the Middle East. Shocks also prove significant with a $6–18 per barrel impact on price for several months. - Highlights: ► Article introduces new variables to the study of oil prices. ► New variables are terrorist incidents and military activity, and oil futures market size. ► Shocks prove important affecting prices by $6–18 per barrel for several months. ► OPEC market influence rises with OECD import dependence.

  16. Future Oil and Gas Resources of the World: A Coming Supply Crisis?

    Science.gov (United States)

    Ahlbrandt, T. S.

    2002-05-01

    Is the world running out of oil? Where will future oil and gas supplies come from? To help answer these questions, the U.S. Geological Survey completed in 2000 a new assessment of the undiscovered conventional oil and gas resources and potential additions to reserves from field growth. One hundred and twenty-eight provinces were assessed in a 100 man-year effort from 1995-2000. The assessed provinces included 76 priority provinces containing 95 percent of the world's discovered oil and gas and an additional 52 "boutique" provinces, many of which may be highly prospective. Total Petroleum Systems (TPS) were identified and described for each of these provinces along with associated Assessment Units (AU) that are the basic units for assessing undiscovered petroleum. The assessment process coupled geologic analysis with a probabilistic methodology to estimate remaining potential. Within the 128 assessed provinces, were 159 TPS and 274 AU. For these provinces, the endowment of recoverable oil, which includes cumulative production, remaining reserves, reserve growth, and undiscovered resources is estimated at about 3 trillion barrels of oil (TBO). The natural gas endowment is estimated at 2.6 trillion barrels of oil equivalent (TBOE). Oil reserves are currently 1.1 TBO; world consumption is about .028 TBO per year. Natural gas reserves are about .8 TBOE; world consumption is about .014 TBOE. Thus, without any additional discoveries of oil, gas or natural gas liquids, we have about 2 TBOE of proved petroleum reserves. Of the oil and gas endowment of about 5.6 TBOE, we estimate that the world has consumed about 1 TBOE, or 18 percent leaving about 82 percent of endowment to be utilized or found. Half of the world's undiscovered potential is offshore. Arctic basins with about 25 percent of undiscovered petroleum resources make up the next great frontier. An additional 279 provinces contain some oil and gas and, if considered, would increase the oil and gas endowment

  17. A Canadian perspective on the supply costs, production and economic impacts from oil sands development

    International Nuclear Information System (INIS)

    McColl, D.; Masri, M.

    2008-01-01

    This article provided a synopsis of oil sands research recently conducted at the Canadian Energy Research Institute (CERI). The production profiles and capital expenditures that CERI has projected for oil sands projects were explored along with the macroeconomic benefits associated with oil sands development. In addition to rising capital and operating costs, bitumen producers are challenged by labour shortages and environmental concerns. However, CERI warrants continued growth in production from the oil sands industry, given the current high price state of the global oil market and security of supply concerns from oil importing countries. This article also provided background information and analysis to assess the implications of future development. The projected growth in the oil sands industry creates demands for infrastructure, housing, health care, education, and business services. The economic impacts were measured at the local, provincial, national and global levels in terms of changes in gross domestic product; changes in employment; and, changes in government revenues. It was concluded that with continued investment and development, Alberta's oil sands resource is expected to continue to produce oil for decades, and would eventually achieve 6 MMbpd production. 8 refs., 3 tabs., 10 figs

  18. Saving oil in a hurry

    Energy Technology Data Exchange (ETDEWEB)

    none

    2005-07-01

    During 2004, oil prices reached levels unprecedented in recent years. Though world oil markets remain adequately supplied, high oil prices do reflect increasingly uncertain conditions. Many IEA member countries and non-member countries alike are looking for ways to improve their capability to handle market volatility and possible supply disruptions in the future. This book aims to provide assistance. It provides a new, quantitative assessment of the potential oil savings and costs of rapid oil demand restraint measures for transport. Some measures may make sense under any circumstances; others are primarily useful in emergency situations. All can be implemented on short notice ? if governments are prepared. The book examines potential approaches for rapid uptake of telecommuting, ?ecodriving?, and car-pooling, among other measures. It also provides methodologies and data that policymakers can use to decide which measures would be best adapted to their national circumstances. This ?tool box? may help countries to complement other measures for coping with supply disruptions, such as use of strategic oil stocks.

  19. The Study on Global Oil and Gas Supply and Demand undertaken by the National Petroleum Council

    Energy Technology Data Exchange (ETDEWEB)

    Slutz, James

    2007-07-01

    The National Petroleum Council (NPC) Study on Global Oil and Gas is one of the most comprehensive studies on global oil and gas supply and demand projections ever undertaken to date. This study comprises approximately 250 experts from industry, government, research institutions, academia, energy ministries from around the world, national oil companies, and non-government organizations. The NPC study team has collected and analyzed global data on supply and demand trends through the year 2030. While other studies have examined the economic, environmental, security and geo-policy implications of the oil and gas supply and demand picture, this study examines all three political priorities simultaneously. The multi-dimensional foundations of the policy recommendations, and the diverse expertise of study group members, results in findings which are truly unique, and separate this study from numerous previous studies on global oil and gas supply and demand. Although key findings and policy recommendations will not be released prior to the study's release in June of 2007, the following paper provides the scope of work and the detailed project plan that will result in an energy outlook that is differentiated from all recent studies.

  20. Oil Producers vulnerability: restrictions for oil supply strategy - OPEC, Mexico and Norway; Indicadores de vulnerabilidade do produtor de petroleo: restricoes a estrategia de oferta - OPEP, Mexico and Norway

    Energy Technology Data Exchange (ETDEWEB)

    Delgado, Fernanda; Schaeffer, Roberto; Szklo, Alexandre [Universidade Federal do Rio de Janeiro (UFRJ), RJ (Brazil). Coordenacao dos Programas de Pos-Graduacao de Engenharia (COPPE)

    2008-07-01

    Few analysts address the socio-economic vulnerability faced by large oil producers countries that restricts their oil supply strategies. However, such as net import countries may be vulnerable to oil supply, large oil exporters countries may also become vulnerable due to their socio-economic dependence on oil, as export revenues are so important to their wealth generation and their populations' well-fare status. The objective of this paper is to evaluate the vulnerabilities of some oil exporters as the OPEC's member-countries, Mexico and Norway face, or may face, and that may restrict their degree of freedom for productive decision making (including investments) and for elaborating oil supply strategies (aiming at taking a larger share of the oil revenue). In order to do that this paper is divided in 3 sections. Initially, socio-economic vulnerability indicators for the oil exporting countries are presented, built and analyzed. Socio-economic vulnerability indicators comprehend, for instance, the following dimensions: physical, productive, fiscal, commercial, macroeconomic and social. The next section regards the application of a multi criteria method, the AHP - Analytic Hierarchy Process in order to summarize and organize the indicators. Finally, implications of the socio-economic vulnerabilities of these oil export countries for the world oil supply and price are derived. (author)

  1. Panorama 2007: Oil Supply and Demand

    International Nuclear Information System (INIS)

    Lescaroux, F.

    2007-01-01

    A new paradigm is gradually developing on the world oil market. Under extreme pressure from growing demand in emerging countries, the supply side is progressively adjusting. As the market stabilizes, prices are seeking their equilibrium. Although the WTI seems to be finding its level at about USD 60 per barrel, it is still too soon to take this price quotation as a reference. Due to the inertia in behaviours, the effects of recent trends are not all visible yet and adjustments are still underway. In this uncertain business environment, key market players have not yet finalized their strategies. (author)

  2. Oil inventories should be based on margins, supply reliability

    International Nuclear Information System (INIS)

    Waguespack, K.; Cantor, B.D.

    1996-01-01

    US oil inventories have plummeted to their lowest recorded levels this year, leading industry observers to conclude that refiners have adopted new just-in-time (JIT) inventory policies. Total crude oil inventories are about 300 million bbl -- 8% below the 10-year average. Distillate inventories posted similar declines this year because of unusually cold winter temperatures and refiners' reluctance to build sufficient stocks in the autumn months. Gasoline stocks are 20% below the 10-year average at 200 million bbl, despite forecasts of record-high gasoline demand this summer. The sudden drop in crude and product inventories this year is widely considered a sign that refiners have implemented JIT, signaling a permanent shift to reduced stocks. The authors submit that the shift towards reduced oil inventories is not related to a concerted adoption of JIT by US refiners, and that oil inventory management decisions should instead be based on refining margins and supply reliability. The paper discusses the JIT revolution and the optimal-inventory model

  3. Future oil supply: The changing stance of the International Energy Agency

    International Nuclear Information System (INIS)

    Miller, Richard G.

    2011-01-01

    The IEA was established in 1974 with a mandate to promote energy security amongst its members, namely the states of the OECD, and to advise those members on sound energy policy. Its recent forecasts of the medium and long term prospects for oil supply, however, have wavered, alternating from optimistic to pessimistic and back again. For policy-makers, such inconsistency is difficult to deal with. Firstly we examine whether the changing outlooks seen in IEA forecasts made between 2007 and 2010 truly reflect a demonstrable, underlying change in the known facts, and we can find no such factual changes reported by the IEA. Secondly we examine whether the serious criticisms of the forecast made by other analysts have yet been addressed, and we conclude that they have not. Thirdly we consider the possible effects of the current economic downturn upon the IEA's assumptions and upon future oil supply. We conclude that all the forecasts made by the IEA appear to be too optimistic throughout this period. - Research highlights: → IEA forecasts of oil supply have changed from optimistic to pessimistic and back. → The reasons for the changes are listed, examined and found wanting. → The most appropriate IEA forecast is nevertheless the most pessimistic one. → Some criticisms of the forecast methodology and assumptions are described.

  4. 75 FR 11841 - Proposed Information Collection; Comment Request; Short Supply Regulations, Petroleum (Crude Oil)

    Science.gov (United States)

    2010-03-12

    ... DEPARTMENT OF COMMERCE Bureau of Industry and Security Proposed Information Collection; Comment Request; Short Supply Regulations, Petroleum (Crude Oil) AGENCY: Bureau of Industry and Security. ACTION... supporting documentation for license applications to export petroleum (crude oil) and is used by licensing...

  5. Sustainable supply chain design for waste cooking oil-based biodiesel in bogor using dynamic system approach

    Science.gov (United States)

    Syahdan, A. D.; Arkeman, Y.; Wijaya, H.

    2017-05-01

    Biodiesel is one of the alternative fuels that are environmentally friendly. Besides palm oil, biodiesel can also be produced from waste cooking oil. Since 2007, the government of Bogor has been utilizing waste cooking oil into biodiesel for use as Transpakuan bus’ fuel. However, in practice, the amount of waste cooking oil supplied is never sufficient the needs of fuel of 30 units Transpakuan bus. The main objective of this research is to analyze the availability of waste cooking oil that will be converted into biodiesel within the next ten years as well as providing policy advice to support the program. The method used is a dynamic system that is followed by simulation of multiple scenarios that have been defined. The system is divided into three subsystems, namely supply subsystem, demand subsystem, and production subsystem. The results showed that the current system is not able to guarantee the sustainability of the supply chain of waste cooking oil as a raw material of biodiesel. From some of the scenarios tested can be concluded that biodiesel needs would increase in line with the trend of the use of environmentally friendly fuels. It takes a new system and a new policy relating to the biodiesel supply chain. Policy suggestions that can be proposed from this research is to increase supplier participation, objectify the program of converting angkot into Transpakuan bus, and support the development of biodiesel industry.

  6. On-line measurement of oil contaminants in water by filter-based infrared analyzers

    International Nuclear Information System (INIS)

    Niemelae, P.

    1994-01-01

    The properties of a dedicated infrared analyzer for on-line measurement of the oil content of water, the Oili analyzer, are evaluated theoretically and with laboratory measurements. The analyzer was originally developed for controlling the discharge of ballast and bilge water from oil tankers and more than 200 such instruments have now been supplied for that purpose, representing about 10 % of the total market. Some technical improvements are suggested, and the improved instrument is shown to be capable of measuring oil in water to an accuracy of +- 20 % down to a detection limit of +5-10 ppm in the presence of high concentrations of interfering components and under varying environmental conditions. This opens up new potential applications for the instrument, e.g. the monitoring of water discharges from oil and gas production platforms. The infrared analyzer responds only to the dispersed oil fraction, and if the dissolved fraction is of interest as well, the instrument must be equipped with a UV option, as suggested here

  7. More countries in recession: Oil supply looking for demand

    International Nuclear Information System (INIS)

    Anon.

    1993-01-01

    Crude oil prices fell dramatically during the fourth quarter of 1992. Refiners are reevaluating their positions to adjust to low demand growth worldwide. The only bright spot appears to be the United States' emergence from its economic recession. However, Japan and Germany are experiencing their own economic recessions, and crude oil supplies show no sign of tightening. Crude oil futures prices have fallen by more than 15% as of January 8, 1993 compared to October 1, 1992. Although the American Petroleum Institute (API) found increases in oil demand during October and November 1992, the increases are attributed to colder weather and the weak 1991 demand that was used for comparison. This issue identifies current factors at work affecting U.S. refining margins and product values, and offers a first quarter 1993 outlook. All data featured in graphs and text come from the Energy detente Refinery Netback Data Series published in each issue, in which gasoline and diesel No. 2 are Lundberg Survey unbranded racks instead of spot quotations. Margins are apparent deltas only and do not reflect actual profits for any individual operation

  8. Assessment of energy security in China based on ecological network analysis: A perspective from the security of crude oil supply

    International Nuclear Information System (INIS)

    Lu, Weiwei; Su, Meirong; Zhang, Yan; Yang, Zhifeng; Chen, Bin; Liu, Gengyuan

    2014-01-01

    Energy security usually considers both the stability of energy supply and security of energy use and it is receiving increasing attention globally. Considering the strategic importance and sensitivity to international change of the crude oil supply, we decided to examine China’s energy security. An original network model was established based on ecological network analysis to holistically evaluate the security of the crude oil supply in China. Using this model, we found that the security of the crude oil supply in China generally increased from 2001 to 2010. The contribution of different compartments in the network to the overall energy security resembled a pyramid structure, with supply sources at the bottom, the consumption sector at the top, and the refining and transfer sectors in the middle. North and South America made the largest contribution to the security of the crude oil supply in China. We provide suggestions to improve the security of the crude oil supply in China based on our results and further scenario analysis. The original network model provides a new perspective for energy security assessment, which can be used as a baseline to develop other models and policy. - Highlights: • Ecological network analysis (ENA) is introduced into energy security assessment. • A model of crude oil supply network in China is established based on ENA. • A pyramid structure of the contributions of different compartments to energy security was found. • Suggestions for forming a stable network are given to improve energy security

  9. Improvement in supply chain management for oil and gas sector using drag reduction theory

    International Nuclear Information System (INIS)

    Anjum, A.A.; Chughtai, A.; Shafeeq, A.; Muhammad, A.

    2010-01-01

    Supply chain management is an integrative philosophy about managing the flow of distribution channels from supplier to the consumer. PARCO, an oil and gas company in Pakistan has three existing pipelines. Out of three, two pipelines are running parallel from Karachi to Mehmood kot. One pipeline is of crude oil and meeting the demand of PARCO refinery while second pipeline is of High Speed Diesel (HSD) and third pipeline is of (HSD and Kerosene) running from Mehmood Kot to Machhike (Sheikhupura). PARCO supply petroleum products from Shikarpur, Mehmood Kot, Faisalabad and Machhike to oil marketing companies (OMCs) as per their share, standard and demand. The purpose of these pipelines is to meet the country demand for petroleum products at various locations all over Pakistan. In the peak season when OMCs have high demand and receipt of product from PARCO pipelines are less, there is a need to enhance the flow rate of oil inside the PARCO pipelines to fulfill the demand of OMCs. This could be done economically by the application of drag reduction theory. So by injecting drag reducer, dragging of the oil inside the pipeline could appreciably be reduced thereby improving the pumping of oil. (author)

  10. Sustainable Palm Oil Production For Bioenergy Supply Chain

    OpenAIRE

    Ng, Wai Kiat

    2009-01-01

    A bioenergy supply chain is formed by many parts which from the raw material, biomass feedstock until the distribution and utilisation. The upstream activity is always managed in a sustainable way in order to be capable enough to support the downstream activity. In this dissertation, the sustainable production of palm oil is focused and researched through problem identification and solving by using the operation management perspective and practices. At first, the global biomass industry is st...

  11. European oil product supply modelling; Modelisation de l`offre de produits petroliers en Europe

    Energy Technology Data Exchange (ETDEWEB)

    Saint-Antonin, V

    1998-12-11

    Over the last few years, trends in European oil product consumption (in terms of level as structure and quality) has important implications of the refining industry. In this context, the purpose of this thesis consists in building a mathematical programming model applied to the European refineries in order to determine oil product supply prices, European refining industry investments and oil product exchanges of the European Union. The first part presents the reason for our choice for a long-term aggregate multi-refineries linear programming model, based on European refineries characteristics and the objectives of our model. Its dual properties are studied in detail and we focus particularly on the European exchange modelling. In the second part, an analysis of the European refining trends leads us to identify parameters and variables of the model that are essential to the aggregate representation of the European oil product supply. The third part is devoted to the use of this model, regarding two scenarios of increasingly stringent specifications for gasoline and diesel oil. Our interest for these products is due to their important share of the European oil product consumption and the not insignificant responsibility of the transport sector for atmospheric pollution. Finally, in order to have the use of an overall picture of the European refining industry, we build a regression model summarizing, though a few equations, the main relations between the major endogenous and exogenous variables o the LP model. Based on pseudo-data, this kind of model provides a simple and robust representation of the oil product supply. But a more specialized analysis of the refining industry operations, turning on a technical assessment of processing units, is reliant on the use of an optimization model such as the model we have built. (author) 102 refs.

  12. Challenge - oil crisis

    International Nuclear Information System (INIS)

    Vogler, O.

    1981-01-01

    After a short survey on recent developments of energy supply the risks of future energy supply and its effects are discussed. The parameters of dependence on oil-producing countries are studied and an evaluation is given on the measures which have to be taken by the Western industrialized countries in response to the dependence on oil. Further subjects are: mechanism of oil distribution in case of crisis, long-term cooperation of producer countries, measures on international level in the USA and Japan, and the energy-importing countries in the conflict area between OPEC- and industrialized countries. (UA) [de

  13. The impact of environmental regulations on United States crude oil supplies

    International Nuclear Information System (INIS)

    Godec, M.L.; Biglarbigi, K.

    1991-01-01

    A number of legislative and regulatory initiatives being considered to protect the environment could affect the economics of oil and gas exploration and production (E and P) in the Unites States. This paper summarizes the results of a comprehensive assessment of the potential cumulative energy and economic impacts of environmental regulatory initiatives on United States crude oil supplies. The results of the analysis clearly will determine the level of impact, but the results show that significant impacts are felt over a wide range of regulations, over a wide range of crude oil prices, and at two levels of development for extraction technologies. The regulations evaluated all have an impact on all resource categories analyzed in the study

  14. The long-term supply/demand trend of world energy and the current oil situation in the Asia

    International Nuclear Information System (INIS)

    Okamoto, Hiroyuki

    1996-01-01

    Total world primary energy consumption excluding the FSU increased by 2.9% in 1995, which is somewhat above the 10 year average rate of 2.4%. This reflected strong economic growth in most parts of the world. The increase in demand confirmed the recovery of the link between the economic growth and consumption of primary energy, which broke down in the period of oil crises. Oil demand in the Asian Emerging Market Economies has continued to be very strong. Oil demand has doubled in a decade in this region and is now one sixth of world consumption. Malaysia was the fastest growing oil market in the world in 1995 at 15.5%. In volume terms, S. Korea grew the most in the world by 170,000 b/d, closely followed by China and India. Because of the fast growing oil demand, many energy economists expect a tight supply situation in the Asian oil market in the early 21st Century. However, recent technological developments would be able to supply crude oil appropriate for an increase in oil demand. (author)

  15. Risk of revolutions in the Middle East. [Of importance for oil supplies

    Energy Technology Data Exchange (ETDEWEB)

    Jensen, R.

    1983-01-01

    Western Europe and of course also Denmark will still for many years be dependent on the oil that is recovered in the Arabian Gulf. Denmark has the largest percentage oil conservation in Western Europe. It is not only due to the power plants using more coal, but also our energy consumption decreases more than in other Western European countries. In spite of these reulsts it is obvious, that Denmarks economy entirely depends on the economy of our neighbouring countries. Security of energy supply is therefore a western problem, which Denmark cannot solve alone. The development of societies in the Middle East countries, including the key country Saudi Arabia, is so labile, that a period of crisis with insecurity in the oil supplies cannot be excluded. In addition to this is the risk of international conflicts, that stop the oil export. The probability of these risks becoming actualized in the next 10 to 15 years is hard to tell, but it is important to call the attention to the risks. These risks seem to be much underrated in the discussions of security policy, where the east-west problems dominate. Therefore it would be wrong to take the westernization of the Arabic societies for granted. Periods with extreme ideologies are very probable. As to the international conflicts one only has to refer to the present war between Iraq and Iran.

  16. Crude oil and natural gas supplies and demands up to the year AD 2010 for France

    International Nuclear Information System (INIS)

    Mackay, R.M.; Probert, S.D.

    1995-01-01

    A novel technique for forecasting the supply and extraction life-cycle of a depleting fossil fuel resource has been developed. The supply side utilises a 'skewed-normal production-profile' model that yields a better representation than earlier approaches. A simple model for extrapolating crude oil and natural gas demands has also been devised, based on the so called 'modified logit function'. The predicted crude oil and natural gas balances for the period up to AD 2010 indicate the disparity between indigenous production and future consumption for France. These forecasts depend on current estimates of remaining oil and gas reserves. It will consequently be necessary to revise periodically the present projections as more reliable reserve estimates become available. (author)

  17. Amendment of oil related systems. Abolishment of the temporary measure law for importing specific petroleum products and amendment of the oil storage law and the volatile oil selling business law; Sekiyu kanren no seido kaisei ni tsuite. Tokutei sekiyu seihin yunyu oyobi kihatsuyu hanbaigyoho no kaisei

    Energy Technology Data Exchange (ETDEWEB)

    Kobayashi, I. [Small and Medium Enterprise Agency, Tokyo (Japan)

    1995-07-20

    This paper describes the following matters related to amendment of oil related systems which will be enforced according to the result of discussions at the Petroleum Council on the ways the oil product supply should be in the future. The temporary measure law for importing specific oil products shall be abolished when it will be expired in March 1996. This is because the law has limited the oil product importing organizations only to oil companies who have oil refining capabilities, and the continuation of the law would lose its justifiability under the present circumstances in the petroleum industry. The oil reservation law is then amended so that the emergency handling ability on oil supply will not be hampered even after possible expansion in the number of oil product importing organizations as a result of the abolishment of the temporary measure law. The quality management systems for oil products will also be revised so that the present level on quality items of the minimum necessity will not be declined with respect to the environments and safety. Furthermore, the area designating system that has been limiting erection of oil service stations will be repealed by October 1996. 2 tabs.

  18. Methane emissions from the global oil and gas supply chain: recent advances and next steps

    Science.gov (United States)

    Zavala Araiza, D.; Herndon, S. C.; Roscioli, J. R.; Yacovitch, T. I.; Knighton, W. B.; Johnson, M.; Tyner, D. R.; Hamburg, S.

    2017-12-01

    A wide body of research has characterized methane emissions from the oil and gas system in the US. In contrast, empirical data is limited for other significant oil and gas producing regions across the world. As a consequence, measuring and characterizing methane emissions across global oil and gas operations will be crucial to the design of effective mitigation strategies. Several countries have announced pledges to reduce methane emissions from this system (e.g., North America, Climate and Clean Air Coalition [CCAC] ministers). In the case of Canada, the federal government recently announced regulations supporting a 40-45% reduction of methane emissions from the oil and gas production systems. For these regulations to be effective, it is critical to understand the current methane emission patterns. We present results from a coordinated multiscale (i.e., airborne-based, ground-based) measurement campaign in Alberta, Canada. We use empirically derived emission estimates to characterize site-level emissions and derive an emissions distribution. Our work shows that many major sources of emissions are unmeasured or underreported. Consistent with previous studies in the US, a small fraction of sites disproportionately account for the majority of emissions: roughly 20% of sites accounted for 75% of emissions. An independent airborne-based regional estimate was 40% lower than the ground-based regional estimate, but not statistically different. Finally, we summarize next steps as part of the CCAC Oil and Gas Methane Study: ongoing work that is targeting oil and gas sectors/production regions with limited empirical data on methane emissions. This work builds on the approach deployed in quantifying methane emissions from the oil and gas supply chain in the US, underscoring the commitment to transparency of the collected data, external review, deployment of multiple methodologies, and publication of results in peer-reviewed journals.

  19. Finding the food-fuel balance. Supply and demand dynamics in global vegetable oil markets

    Energy Technology Data Exchange (ETDEWEB)

    Savanti, P.

    2012-10-15

    Demand for vegetable oils for food and biofuel use is expected to increase by an additional 23 million tonnes by 2016; however supply is expected to struggle to keep up with this demand, according to this Rabobank report. Vegetable oil stocks have reached a 38 year low this year due in large part to constraints such as land availability and adverse weather.

  20. Transient Processes in Electric Power Supply System for Oil Terminal with Own Gas-Turbine Power Station

    Directory of Open Access Journals (Sweden)

    A. M. Hаshimov

    2009-01-01

    Full Text Available The paper contains results of the investigations concerning influence of symmetrical and non-symmetrical short circuits at main power network on electric power supply system of a huge oil terminal which is powered by own gas-turbine power station. Calculations have been made in accordance with the IEC and IEEЕ requirements. Estimations for voltage level and distribution of short circuit current in the electric power supply system of the Sangachal oil terminal being operated in parallel with the AzerEnerji grid are presented in the paper

  1. The evaluation of supply chain performance in the Oil Products Distribution Company, using information technology indicators and fuzzy TOPSIS technique

    Directory of Open Access Journals (Sweden)

    Daryosh Mohamadi Janaki

    2018-08-01

    Full Text Available Information Technology (IT plays an essential role on development of effective supply chain planning and it can improve the supply chain performance, either directly or indirectly. As a national industry, the National Iranian Oil Products Distribution Company involves a large number of organizations within its supply chain. Therefore, this descriptive-survey uses information sharing indicators, fuzzy TOPSIS technique based on managers and expert opinions to evaluate and to rank some oil products distribution companies. Data are analyzed and the results show that Oil Products Distribution Company of Chaharmahal and Bakhtiari received the highest rank and Farsan maintained the lowest rank compared with other regional companies.

  2. Glass vs. Plastic: Life Cycle Assessment of Extra-Virgin Olive Oil Bottles across Global Supply Chains

    Directory of Open Access Journals (Sweden)

    Riccardo Accorsi

    2015-03-01

    Full Text Available The environmental impacts of global food supply chains are growing with the need for their measurement and management. This paper explores the operations of a global supply chain for extra-virgin olive oil (EVOO according to a life cycle assessment (LCA methodology. The LCA assessment methodology is applied to determine the environmental impact categories associated with the bottled EVOO life cycle, focusing on packaging decisions. The proposed analysis identifies the greatest environmental stressors of the EVOO supply chain, thereby supporting strategic and operative decisions toward more efficient and environmentally-friendly operations management and packaging choices. This paper quantifies the environmental categories of the impacts of global warming potential, ozone layer depletion, non-renewable energy use, acidification, eutrophication and photochemical smog, for the observed EVOO supply chain, given alternative packaging configurations, i.e., a glass bottle vs. a plastic bottle. The observed system includes the supply of EVOO, the EVOO processing and bottling, the supply of packaging, the distribution of final products to customers, the end-of-life (EOL treatments regarding the management, recycling and the disposal of waste across a global supply chain. The findings from the LCA highlight the potential of PET bottles in reducing the environmental impact of EVOO supply chains and identifies hotspots of discussion for policy-makers, EVOO producers and consumers.

  3. Means of supply of extremely low-sulphur oil to the power plants of Stenungsund and Karlshamn

    International Nuclear Information System (INIS)

    1986-10-01

    The power plants in question are estimated to produce 10 TWh electric power per year and use about 2.4 Mtons of heavy fuel oil. This will imply a considerable increase of emission of acidifying sulphur oxides. The report discusses the cost of supplying low-sulphur fuel oils. The cost is compared with the cost of the installation of desulphurization of flue gas, oils or gasification

  4. Sustainability assessment of straight vegetable oil used as self-supply biofuel in agriculture

    OpenAIRE

    Baquero Armans, Grau; Esteban Dalmau, Bernat; Puig Vidal, Rita; Riba Ruiz, Jordi-Roger; Rius Carrasco, Antoni

    2011-01-01

    This work proposes and analyses a model for an agricultural fuel self-supply exploitation. The model is based on the current extended crop rotation of wheat and barley in Anoia region (Catalonia, Spain). The introduction of rapeseed to the current crop rotation and its conversion into oil to be used as agricultural fuel is presented. Life cycle assessment methodology is used to carry out an environmental and an economic assessment. Environmental results show a preference for the vegetable oil...

  5. Commitment to and preparedness for sustainable supply chain management in the oil and gas industry.

    Science.gov (United States)

    Wan Ahmad, Wan Nurul K; Rezaei, Jafar; Tavasszy, Lóránt A; de Brito, Marisa P

    2016-09-15

    Our current dependency on the oil and gas (O&G) industry for economic development and social activities necessitates research into the sustainability of the industry's supply chains. At present, studies on sustainable supply chain management (SSCM) practices in the industry do not include firm-internal factors that affect the sustainability strategies employed by different functional areas of its supply chains. Our study aims to address this gap by identifying the relevant internal factors and exploring their relationship with SSCM strategies. Specifically, we discuss the commitment to and preparedness for sustainable practices of companies that operate in upstream and downstream O&G supply chain. We study the impact of these factors on their sustainability strategies of four key supply chain functions: supplier management, production management, product stewardship and logistics management. The analyses of data collected through a survey among 81 companies show that management preparedness may enhance sustainable supply chain strategies in the O&G industry more than commitment does. Among the preparedness measures, management of supply chain operational risks is found to be vital to the sustainability of all supply chain functions except for production management practices. The findings also highlight the central importance of supplier and logistics management to the achievement of sustainable O&G supply chains. Companies must also develop an organizational culture that encourages, for example, team collaboration and proactive behaviour to finding innovative sustainability solutions in order to translate commitment to sustainable practices into actions that can produce actual difference to their SSCM practices. Copyright © 2016 Elsevier Ltd. All rights reserved.

  6. Quantitative Measures of Mineral Supply Risk

    Science.gov (United States)

    Long, K. R.

    2009-12-01

    Almost all metals and many non-metallic minerals are traded internationally. An advantage of global mineral markets is that minerals can be obtained from the globally lowest-cost source. For example, one rare-earth element (REE) mine in China, Bayan Obo, is able to supply most of world demand for rare earth elements at a cost significantly less than its main competitors. Concentration of global supplies at a single mine raises significant political risks, illustrated by China’s recent decision to prohibit the export of some REEs and severely limit the export of others. The expected loss of REE supplies will have a significant impact on the cost and production of important national defense technologies and on alternative energy programs. Hybrid vehicles and wind-turbine generators, for example, require REEs for magnets and batteries. Compact fluorescent light bulbs use REE-based phosphors. These recent events raise the general issue of how to measure the degree of supply risk for internationally sourced minerals. Two factors, concentration of supply and political risk, must first be addressed. Concentration of supply can be measured with standard economic tools for measuring industry concentration, using countries rather than firms as the unit of analysis. There are many measures of political risk available. That of the OECD is a measure of a country’s commitment to rule-of-law and enforcement of contracts, as well as political stability. Combining these measures provides a comparative view of mineral supply risk across commodities and identifies several minerals other than REEs that could suddenly become less available. Combined with an assessment of the impact of a reduction in supply, decision makers can use these measures to prioritize risk reduction efforts.

  7. Supply chain design under uncertainty for advanced biofuel production based on bio-oil gasification

    International Nuclear Information System (INIS)

    Li, Qi; Hu, Guiping

    2014-01-01

    An advanced biofuels supply chain is proposed to reduce biomass transportation costs and take advantage of the economics of scale for a gasification facility. In this supply chain, biomass is converted to bio-oil at widely distributed small-scale fast pyrolysis plants, and after bio-oil gasification, the syngas is upgraded to transportation fuels at a centralized biorefinery. A two-stage stochastic programming is formulated to maximize biofuel producers' annual profit considering uncertainties in the supply chain for this pathway. The first stage makes the capital investment decisions including the locations and capacities of the decentralized fast pyrolysis plants as well as the centralized biorefinery, while the second stage determines the biomass and biofuels flows. A case study based on Iowa in the U.S. illustrates that it is economically feasible to meet desired demand using corn stover as the biomass feedstock. The results show that the locations of fast pyrolysis plants are sensitive to uncertainties while the capacity levels are insensitive. The stochastic model outperforms the deterministic model in the stochastic environment, especially when there is insufficient biomass. Also, farmers' participation can have a significant impact on the profitability and robustness of this supply chain. - Highlights: • Decentralized supply chain design for advanced biofuel production is considered. • A two-stage stochastic programming is formulated to consider uncertainties. • Farmers' participation has a significant impact on the biofuel supply chain design

  8. Energy Security Analysis: The case of constrained oil supply for Ireland

    International Nuclear Information System (INIS)

    Glynn, James; Chiodi, Alessandro; Gargiulo, Maurizio; Deane, J.P.; Bazilian, Morgan; Gallachóir, Brian Ó

    2014-01-01

    Ireland imports 88% of its energy requirements. Oil makes up 59% of total final energy consumption (TFC). Import dependency, low fuel diversity and volatile prices leave Ireland vulnerable in terms of energy security. This work models energy security scenarios for Ireland using long term macroeconomic forecasts to 2050, with oil production and price scenarios from the International Monetary Fund, within the Irish TIMES energy systems model. The analysis focuses on developing a least cost optimum energy system for Ireland under scenarios of constrained oil supply (0.8% annual import growth, and –2% annual import decline) and subsequent sustained long term price shocks to oil and gas imports. The results point to gas becoming the dominant fuel source for Ireland, at 54% total final energy consumption in 2020, supplanting oil from reference projections of 57% to 10.8% TFC. In 2012, the cost of net oil imports stood at €3.6 billion (2.26% GDP). The modelled high oil and gas price scenarios show an additional annual cost in comparison to a reference of between €2.9bn and €7.5bn by 2020 (1.9–4.9% of GDP) to choose to develop a least cost energy system. Investment and ramifications for energy security are discussed. - Highlights: • We investigate energy security within a techno-economic model of Ireland to 2050. • We impose scenarios constraints of volume and price derived from IMF forecasting. • Continued high oil prices lead to natural gas supplanting oil at 54% TFC by 2020. • Declining oil production induces additional energy system costs of 7.9% GDP by 2020. • High oil and gas prices are likely to strain existing Irish gas import infrastructure

  9. Impact of innovations on future energy supply - chemical enhanced oil recovery (CEOR).

    Science.gov (United States)

    Bittner, Christian

    2013-01-01

    The International Energy Agency (IEA) expects an increase of global energy demand by one-third during next 20 years together with a change in the global energy mix. A key-influencing factor is a strong expected increase in oil and gas production in the United States driven by 'new' technologies such as hydraulic fracturing. Chemical enhanced oil recovery (CEOR) is another strong growing technology with the potential of a step change innovation, which will help to secure future oil supply by turning resources into reserves. While conventional production methods give access to on average only one-third of original oil in place, the use of surfactants and polymers allows for recovery of up to another third of this oil. In the case of polymer flooding with poly acrylamide, the number of full field implementations has increased in recent years. In the meantime new polymers have been developed to cover previously unmet needs - such polymers can be applied in fields of high salinity and high temperature. Use of surfactants is in an earlier stage, but pilot tests show promising results.

  10. Subsidy modes, waste cooking oil and biofuel: Policy effectiveness and sustainable supply chains in China

    International Nuclear Information System (INIS)

    Zhang, Huiming; Li, Lianshui; Zhou, Peng; Hou, Jianmin; Qiu, Yueming

    2014-01-01

    Many countries are concerned with the waste-to-energy for economic development and societal welfare. This paper constructs a dynamic game model that, for the first time compares the incentive effects of four common subsidy modes on waste cooking oil supply for biofuel refining and sales of waste cooking oil refined products. The model considers the impact of preferential tax treatment, a raw material subsidy, a sales subsidy and an investment subsidy on the profits of biofuel enterprises and waste cooking oil recyclers. Results indicate that common approaches adopted in developed economies such as raw material price subsidies and finished products sales subsidies increase the profits of both biofuel enterprises and recyclers. On the contrary, investment subsidies, which are relatively common in some regions of China, increase the profits of recyclers, while reducing revenues achieved by biofuel enterprises. To promote the supply chain, policy should give priority to raw material price subsidies and finished products sales subsidies, and for investment subsidies, however, the government should be cautious

  11. The functioning of the oil market during an oil crisis

    International Nuclear Information System (INIS)

    Hughes, G.; Siner, M.; Tijdhof, B.

    2003-01-01

    The title study regarding the functioning of the oil market during an oil crisis is carried out with particular reference to the strategic behaviour of oil companies. Section 2 identifies major oil supply disruptions since 1951 and describes some important changes in the market that have occurred in recent decades; Section 3 reviews the economic literature of the functioning of oil markets during disruptions and models of oil supply disruptions; Section 4 examines the response of oil markets to recent supply disruptions; Section 5 examines the incentives and scope for strategic behaviour; Section 6 considers the implications of our analysis for the design of policy responses to oil supply disruptions; Appendix A describes the background to the four recent oil supply disruptions; Appendix B discusses the relationship between spot and futures prices for a storable commodity; and Appendix C is the bibliography

  12. Iranian-Oil-Free Zone and international oil prices

    International Nuclear Information System (INIS)

    Farzanegan, Mohammad Reza; Raeisian Parvari, Mozhgan

    2014-01-01

    One of the main elements of economic sanctions against Iran due to its nuclear and military programs is crude oil exportation restrictions in addition to investment in Iranian energy related projects. Senders of such sanction are interested in understanding the impacts of such embargos on international oil prices. We apply unrestricted vector autoregressive (VAR) model, using impulse response functions (IRF) and variance decomposition analysis (VDA) tools with annual data from 1965 to 2012 to analyze the dynamic response of international oil prices to Iranian oil export sanction. Controlling for the supply of non-Iranian oil, the world GDP per capita, and post-Islamic revolution exogenous dummy variables, we show that international oil prices respond negatively and statistically significant to increasing shock in absolute negative changes of the Iranian oil exports – our proxy of Iran oil sanctions – following the first 2 years after shock. The main reason is the positive response of the non-Iranian oil supply to negative shocks in Iranian oil exports, filling the missing supply of Iranian oil in international markets. - Highlights: • We analyze the interconnections between Iranian oil supply and global oil prices. • We use VAR modeling and annual data from 1965 to 2012 for the case of Iran. • There are no inflationary effects of Iranian oil sanction on world oil prices. • Non-Iranian oil supply offsets the missing Iranian oil in the market

  13. A mixed integer linear programming model for operational planning of a biodiesel supply chain network from used cooking oil

    Science.gov (United States)

    Jonrinaldi, Hadiguna, Rika Ampuh; Salastino, Rades

    2017-11-01

    Environmental consciousness has paid many attention nowadays. It is not only about how to recycle, remanufacture or reuse used end products but it is also how to optimize the operations of the reverse system. A previous research has proposed a design of reverse supply chain of biodiesel network from used cooking oil. However, the research focused on the design of the supply chain strategy not the operations of the supply chain. It only decided how to design the structure of the supply chain in the next few years, and the process of each stage will be conducted in the supply chain system in general. The supply chain system has not considered operational policies to be conducted by the companies in the supply chain. Companies need a policy for each stage of the supply chain operations to be conducted so as to produce the optimal supply chain system, including how to use all the resources that have been designed in order to achieve the objectives of the supply chain system. Therefore, this paper proposes a model to optimize the operational planning of a biodiesel supply chain network from used cooking oil. A mixed integer linear programming is developed to model the operational planning of biodiesel supply chain in order to minimize the total operational cost of the supply chain. Based on the implementation of the model developed, the total operational cost of the biodiesel supply chain incurred by the system is less than the total operational cost of supply chain based on the previous research during seven days of operational planning about amount of 2,743,470.00 or 0.186%. Production costs contributed to 74.6 % of total operational cost and the cost of purchasing the used cooking oil contributed to 24.1 % of total operational cost. So, the system should pay more attention to these two aspects as changes in the value of these aspects will cause significant effects to the change in the total operational cost of the supply chain.

  14. PRINCIPLES OF THE SUPPLY CHAIN PERFORMANCE MEASUREMENT

    OpenAIRE

    BEATA ŒLUSARCZYK; SEBASTIAN KOT

    2012-01-01

    Measurement of performance in every business management is a crucial activity allowing for effectiveness increase. The lack of suitable performance measurement is especially noticed in complex systems as supply chains. Responsible persons cannot manage effectively without suitable set of measures those are base for comparison to previous data or effects of other supply chain functioning. The analysis shows that it is very hard to find balanced set of supply chain performance measures those sh...

  15. Japan's oil situation and relationship with the Middle East

    International Nuclear Information System (INIS)

    Oka, H.

    1991-01-01

    This paper reports on Japan's energy supply structure and the demand for energy in the country. It focuses on oil relations between Japan and the Middle Eastern oil countries, and Japan's attempt to enhance energy supply-security policy measures

  16. Korean public's preference for supply security of oil and gas and the impact of protest bidders

    International Nuclear Information System (INIS)

    Kim, Jihyo; Kim, Jinsoo; Kim, Yoon Kyung

    2016-01-01

    The Korean governmental support for supply security of oil and gas via overseas exploration and production (E&P) projects are publicly criticized because of some poor projects lacking of economic feasibility, even though it should be expanded from a long-term perspective. Applying the contingent valuation, this study investigates the Korean public's preferences for governmental support for overseas oil and gas E&P projects. The result shows that the governmental support for overseas E&P projects rather decreases public utility. The primary reason behind this utility decrease is that some respondents protested to bid because of their resistance toward tax increase without guaranteeing the efficient government support. This result implies that simple tax increases for expansion of the governmental support may bring about public's strong opposition. In order to overcome this public opposition, this study suggests that it is necessary to arouse public understanding of the necessity of overseas oil and gas E&P projects. - Highlights: • We investigate the Korean public's preferences for an oil and gas supply security. • The respondents are willing to pay USD 0.017 per liter of gasoline or diesel. • Governmental support for overseas E&P projects decreases the public utility. • It is need to increase public understanding of overseas oil and gas E&P projects.

  17. North or East. Germany's crude oil and natural gas supply from Norway and Russia

    International Nuclear Information System (INIS)

    Spies, M.

    2004-01-01

    This work examines the crude oil and natural gas trade from Norway and Russia to Germany. There is a considerable need for energy import in Germany because only a small part of the national consumption can be met with domestic productions. This applies especially to crude oil and natural gas. Norway and Russia are among the leading crude oil and natural gas producers and exporters in the world. The geographical vicinity of these significant demand and supply potentials leads to extensive energy based relations between Germany and Norway respectively Russia. The focus of this work is on the perception of and attitudes towards Norway and Russia as crude oil and natural gas suppliers for the domestic markets in Germany. Reporting from two leading German newspapers, Frankfurter Allgemeine Zeitung and Sueddeutsche Zeitung, are regarded to be a valid source for detecting these attitudes and perceptions. Relevant articles are analysed with content analysis and further multi- methodological approaches. For this reasons the work provides at the beginning full description of the Norwegian and Russian crude oil and natural gas sector as well as detailed information on the German energy markets and policy. It can be shown that differences in dealing with Norway and Russia in the articles exit. Accordingly, different perceptions and attitudes are detectable as well. This work shows where these differences can be found and examines their quality. It is argued that the reporting and the attitudes are not only based on economical facts but also on 'imagined space'. The need for impartial relations with both supplying countries is stressed. (orig.)

  18. Process modeling and supply chain design for advanced biofuel production based on bio-oil gasification

    Science.gov (United States)

    Li, Qi

    As a potential substitute for petroleum-based fuel, second generation biofuels are playing an increasingly important role due to their economic, environmental, and social benefits. With the rapid development of biofuel industry, there has been an increasing literature on the techno-economic analysis and supply chain design for biofuel production based on a variety of production pathways. A recently proposed production pathway of advanced biofuel is to convert biomass to bio-oil at widely distributed small-scale fast pyrolysis plants, then gasify the bio-oil to syngas and upgrade the syngas to transportation fuels in centralized biorefinery. This thesis aims to investigate two types of assessments on this bio-oil gasification pathway: techno-economic analysis based on process modeling and literature data; supply chain design with a focus on optimal decisions for number of facilities to build, facility capacities and logistic decisions considering uncertainties. A detailed process modeling with corn stover as feedstock and liquid fuels as the final products is presented. Techno-economic analysis of the bio-oil gasification pathway is also discussed to assess the economic feasibility. Some preliminary results show a capital investment of 438 million dollar and minimum fuel selling price (MSP) of $5.6 per gallon of gasoline equivalent. The sensitivity analysis finds that MSP is most sensitive to internal rate of return (IRR), biomass feedstock cost, and fixed capital cost. A two-stage stochastic programming is formulated to solve the supply chain design problem considering uncertainties in biomass availability, technology advancement, and biofuel price. The first-stage makes the capital investment decisions including the locations and capacities of the decentralized fast pyrolysis plants and the centralized biorefinery while the second-stage determines the biomass and biofuel flows. The numerical results and case study illustrate that considering uncertainties can be

  19. Nuclear energy and the security of energy supply

    International Nuclear Information System (INIS)

    Bertel, E.

    2005-01-01

    Security of energy supply was a major concern for OECD governments in the early 1970. Since then, successive oil crises, volatility of hydrocarbon prices, as well as terrorist risks and natural disasters, have brought the issue back to the centre stage of policy agendas. In this paper, the author discusses the problem of energy supply security. Can security of supply be measured? What is the role of government and of nuclear energy? And what are measures for ensuring security of supply? (A.L.B.)

  20. Cuba's oil crisis spells trouble for Castro

    International Nuclear Information System (INIS)

    Anon.

    1992-01-01

    This paper reports on Cuba's oil crisis which presents long term woes for the government of Fidel Castro but new opportunities for foreign petroleum investment. That's the main thesis of a study by East-West Center (EWC), Honolulu. Since the cutoff of subsidized oil supplies from the former Soviet Union at the first of the year, Cuba has endured a crippling loss of export revenues and draconian energy rationing measures at home. The Soviets had reduced oil supplies to Cuba since 1989 after decades of providing the Castro government with subsidized oil supplies. Former Soviet President Mikhail Gorbachev exempted Cuba from paying market prices for Soviet oil in 1991 while requiring that of Soviet trading partners in eastern Europe. With the collapse of Communism in the former U.S.S.R., however, oil supplies from that region are available to Cuba only at market prices and for hard currency. That has triggered a crisis in the Western Hemisphere's sole Communist regime as Cuba's gross special product - equivalent to GNP - fell by 5% in 1990 and a further 20% in 1991. The foreign exchange loss of $1.6 billion stemming from the loss of Soviet subsidized oil supplies exceeds that of total foreign exchange earnings from all other sources. If Cuba imports oil in 1989 volumes at current prices, its oil import tab alone will be $1.3 billion, EWC projects

  1. Oil and gas supply : hurdles and opportunities

    International Nuclear Information System (INIS)

    Giusti, L.

    2006-01-01

    The socioeconomic development in Latin America was discussed with reference to its abundant and diverse resources. Despite its large population, Latin America represents only 6 per cent of the world gross domestic product (GDP) and a less than 6 per cent of the total world trading. This presentation described the problems of large deficits, poor economic policies, large debt and corruption that provoked inflation, economic slowdown, and foreign debt in Latin America. Policy makers agreed that reforms were needed if Latin American economies were to grow more than 6 per cent a year, and to lower the number of people living in poverty in the region. The second-generation reform for Latin America was meant to promote economic development without inflation. It is based on quality public sector governance; fiscal strengthening; an enhanced legal and regulatory framework; efficient financial markets; and, labour and market reform. This presentation also discussed the oil and gas industry's contention with the perceptions that the economic crisis in Latin America was caused by globalization, international trade and acquisitive industrialized countries. An initiative was launched in 1994 to build an integrated energy data bank, evaluate existing interconnections among Latin American countries, and identify barriers for a larger integration to facilitate and improve commercial activities. It was emphasized that while the United States has a large deficit of oil, Canada and Latin America have large surpluses of energy resources, which if developed efficiently and effectively, can be a leading engine of regional development and an important contributor to global competitiveness. Canada is the largest supplier of energy, including oil, natural gas and electricity to the United States, the world's largest energy consumer and largest oil and gas market. Mexico and Brazil were identified as the other 2 large economies in the region's energy chain, but Mexico is self sufficient and

  2. Oil supply and demand

    International Nuclear Information System (INIS)

    Rech, O.

    2004-01-01

    World oil demand, driven by economic development in China, posted the highest growth rate in 20 years. In a context of geopolitical uncertainty, prices are soaring, encouraged by low inventory and the low availability of residual production capacity. Will 2004 bring a change in the oil market paradigm? (author)

  3. Oil supply and demand

    Energy Technology Data Exchange (ETDEWEB)

    Rech, O

    2004-07-01

    World oil demand, driven by economic development in China, posted the highest growth rate in 20 years. In a context of geopolitical uncertainty, prices are soaring, encouraged by low inventory and the low availability of residual production capacity. Will 2004 bring a change in the oil market paradigm? (author)

  4. Proceedings of the Canadian Institute's 4. annual oil sands supply and infrastructure conference : maximizing opportunity and mitigating risks in a rapidly growing market

    International Nuclear Information System (INIS)

    2006-01-01

    This conference addressed the challenges facing oil sands development, with particular reference to supply and infrastructure issues. Updates on oil sands markets and opportunities were presented along with strategies for mitigating risks in a rapidly growing market. The best practices for supplying a demanding market through supply shortages and high prices were identified along with policies that should be implemented to help overcome labour shortages. Some presentations expressed how commodities pricing and trends can impact business. Others showed how markets in China and the United States are prepared for oilsands products. The views of other international companies on oil sands was also discussed along with proposed plans to eliminate the infrastructure congestion and risks caused by expanding oil sands development. The challenges and benefits of investing in Alberta's oil sands were reviewed along with strategies to enhance upgrading and refining capacity in the province. Economic drivers and the creation of new markets were examined, and various export opportunities were reviewed along with industry management challenges concerning human resources, labour supply, training and education. The conference featured 10 presentations, of which 3 have been catalogued separately for inclusion in this database. refs., tabs., figs

  5. Papers of a Canadian Institute conference : Tapping into new opportunities in oil sands supply and infrastructure : natural gas, diluent, pipelines, cogeneration

    International Nuclear Information System (INIS)

    2003-01-01

    Participants at this conference were provided the opportunity to hear various views of several industry leaders on topics related to oil sands supply and infrastructure. Some of the issues addressed were: the latest project developments and pipeline infrastructure expansion initiatives in the oil sands industry; the growing natural gas supply requirements for oil sands production; how to effectively manage stakeholder issues in the context of rapid growth; an update on the supply and demand balance for diluent; demand for cogeneration and the implications of transmission system congestion; and, market development prospects for heavy crude and the need for additional refinery capacity. The Minister of Alberta Economic Development also made a special presentation. There were fifteen presentations made at the conference, of which nine were indexed separately for inclusion in this database. refs., tabs., figs

  6. Brazilian oil and gas supply and service industry's: context and perspectives; Contexto e perspectivas do segmento para-petrolifero brasileiro

    Energy Technology Data Exchange (ETDEWEB)

    Oliveira, Antonio Ricardo Pimentel de [PETROBRAS, Rio de Janeiro, RJ (Brazil)

    2008-07-01

    This paper describes the goods and services supply oil segment, as different than the oil companies segment itself. It points to the transformations in the goods and services supply segment from the 1980s until now. At that time with low international oil prices, the oil companies induced the goods and services firms to assume a major role in development of technology. Inside the country here, the goods and services segment had high local content performance but it was associated to low technology intensity or to branches of large multinational firms installed in the Brazilian market. The paper points the French approaching on this same oil segment and its applicability to the Brazilian case, giving one example of financial R and D resources for supporting such a target. Otherwise than in France some specific obstacles can be found here in that development purpose. As alternative some others scenarios were finally explored in the paper for further suggestions for institutional approaching in this Brazilian industrial oil segment. (author)

  7. Challenge - oil crisis. Herausforderung Oelkrise. Risiken - Vorsorge - Alternativen

    Energy Technology Data Exchange (ETDEWEB)

    Vogler, O

    1981-01-01

    After a short survey on recent developments of energy supply the risks of future energy supply and its effects are discussed. The parameters of dependence on oil-producing countries are studied and an evaluation is given on the measures which have to be taken by the Western industrialized countries in response to the dependence on oil. Further subjects are: mechanism of oil distribution in case of crisis, long-term cooperation of producer countries, measures on international level in the USA and Japan, and the energy-importing countries in the conflict area between OPEC- and industrialized countries.

  8. Measurement of oil on water

    International Nuclear Information System (INIS)

    Cordemann, A.; Damaske, O.; Schlaak, M.

    1994-01-01

    In the measurement of oil on water in the cooling water outflow, in the outfall and intaked of effluent treatment plants, in waterways and in process plants, many methods of measurement available in the market have duration problems or basic difficulties as a result of associated conditions. A series of methods of measurement and equipment has been investigated for the measurement of oil on water. It was been established that the fluorescence method of measurement which operates without contact is especially suitable for this task. (orig.) [de

  9. Modeling Bottom Sediment Erosion Process by Swirling the Flow by Tangential Supply of Oil in the Tank

    Science.gov (United States)

    Nekrasov, V. O.

    2016-10-01

    The article carries out a statistical data processing of quantitative and territorial division of oil tanks operating in Tyumen region, intended for reception, storage and distribution of commercial oil through trunk pipelines. It describes the working principle of the new device of erosion and prevention of oil bottom sediment formation with tangential supply of oil pumped into reservoir. The most significant similarity criteria can be emphasized in modeling rotational flows exerting significant influence on the structure of the circulating flow of oil in tank when operation of the device described. The dependence of the distribution of the linear velocity of a point on the surface along the radius at the circular motion of the oil in the tank is characterized, and on the basis of this dependence, a formula of general kinetic energy of rotational motion of oil and asphalt-resin-paraffin deposits total volume in the oil reservoir is given.

  10. Oil prices without OPEC: a walk on the supply-side

    Energy Technology Data Exchange (ETDEWEB)

    Roumasset, J.; Isaak, D.; Fesharaki, F.

    1983-07-01

    The rapid increases of oil prices during the 1970s are commonly regarded as prima facie evidence of monopoly power. This paper applies the theory of exhaustible resources to estimate the equilibrium oil prices (also known as efficiency prices) which would have prevailed in the absence of monopoly profits. The theory incorporates an extraction cost function wherein cost is a rising function of the cumulative amount of oil extracted. The model is used to simulate efficiency price paths under a variety of assumptions about extraction costs and real interest rates which are representative of perceptions at various times in recent history. These simulations show that the price increases of 1974 and 1979 to 1980 can be explained as a response to supply-side changes, especially changes in the perceived cost of the backstop technology and the fall in real interest rates in the mid and late 1970s. Thus, while efficiency prices were high in the 1970s, relative to extraction costs, it is plausible that average monopoly profits were negligible. This situation appears to have changed in the early 1980s due to the return of real interest rates to their historic levels. In early 1982, even spot prices, already below official prices, were substantially above the estimated efficiency or competitive price level. On the other hand, efficiency prices remain far above extraction costs. Thus, even if the price-setting power of OPEC were eroded by competition, the real price of oil would not fall below the level established in 1974. 18 references, 1 figure, 2 tables.

  11. Examination of oil sands projects : gasification, CO{sub 2} emissions and supply costs

    Energy Technology Data Exchange (ETDEWEB)

    Elliott, K. [Energy Resources Conservation Board, Calgary, AB (Canada)

    2008-10-15

    Non-conventional resources such as Alberta's oil sands are experiencing increased global interest because of the decline in global conventional oil and natural gas reserves. Bitumen extraction and upgrading is an energy intensive process. This paper provided a general discussion of Alberta's oil sands reserves, production and energy requirements. The paper discussed the application of different technologies to the oil sands, and in particular, the use of gasification as a method to produce bitumen-derived synthesis gas. Two oil sands projects currently under construction and implementing gasification technology were briefly described. The paper also provided a comparison of emission intensities from projects that employ gasification leading to a forecast of carbon dioxide equivalent emissions from the oil sands. The impact of Alberta's legislation and the federal framework on greenhouse gas emissions were also examined. Last, the paper discussed a supply cost methodology to compare an integrated extraction and upgrading project using gasification versus a similar project using a conventional steam methane reforming process (SMR). It was concluded that after comparing carbon dioxide emission intensities across different types of projects, the type of project that would be most heavily impacted by greenhouse gas emissions penalties was an in-situ extraction with an upgrading project that employed gasification technology. 36 refs., 5 tabs., 12 figs., 1 appendix.

  12. 25 CFR 226.38 - Measuring and storing oil.

    Science.gov (United States)

    2010-04-01

    ... 25 Indians 1 2010-04-01 2010-04-01 false Measuring and storing oil. 226.38 Section 226.38 Indians... LANDS FOR OIL AND GAS MINING Requirements of Lessees § 226.38 Measuring and storing oil. All production.... Facilities suitable for containing and measuring accurately all crude oil produced from the wells shall be...

  13. Prospects for world oil supply

    International Nuclear Information System (INIS)

    Esser, R.W.

    1991-01-01

    Surprises lie ahead for world oil supplies, which are expected to increase rapidly throughout the 1990s before leveling off by the end of the century. The extent of this increase could be the major surprise of the decade. Large increases in the capacity in Gulf countries accompanied by smaller increases in the non-Middle East OPEC countries will be augmented by a gradual increase in non-OPEC capacity into the late 1990s. By 2000, declining capacity in the latter two areas will offset continued capacity increases in the Gulf countries. Overall capacity in the non-OPEC countries (excluding China, Eastern Europe, and the Soviet Union), is expected to increase by 1.1 million BOPD from the low point in the early 1990s to a mid 1990s peak. The increase will be led by a large increase in capacity from the United Kingdom and smaller contributions from the non-Middle East OPEC countries and Mexico. In the forecast, emphasis has been placed on a detailed evaluation of recent significant discoveries made in non-OPEC countries and non-Middle East OPEC countries since 1983, which when taken together, are expected to add 8 million BOPD new capacity as soon as 1995. These discoveries have taken place in both existing and evolving exploration hotspots that are expected to receive increasing industry emphasis in the 1990s

  14. 10 CFR 218.11 - Supply orders.

    Science.gov (United States)

    2010-01-01

    ... 10 Energy 3 2010-01-01 2010-01-01 false Supply orders. 218.11 Section 218.11 Energy DEPARTMENT OF ENERGY OIL STANDBY MANDATORY INTERNATIONAL OIL ALLOCATION Supply Orders § 218.11 Supply orders. (a) A supply order shall require that the firm to which it is issued take actions specified therein relating to...

  15. Outline of energy (electricity) supply and demand outlook in Asian APEC countries

    International Nuclear Information System (INIS)

    Fujime, Kazuya

    1995-01-01

    Oil: Japan's oil demand is projected to be on a gradual decline in the future due to implementation of policy measures aimed at achieving that objective, while consumption of oil in three areas - China, NIES and six ASEAN countries -- is projected to increase to reach a level nearly three times as large as Japan's demand by 2010. Supply of oil in the region is projected to level off, making it necessary for the region to increase its reliance on other areas for additional volumes of oil supply. Coal: Demand for coal is projected to grow against a background of expansion of coal-fired power generation. Coal demand in China, in particular, is projected to grow to such an extent that China may become a net coal importer, thus having a great impact on coal supply and demand in Asian countries. Natural gas: Demand for natural gas is projected to grow in the region, centering on NIES and ASEAN countries. Although production in ASEAN countries is expected to increase, the region is anticipated to increase its reliance on other areas for natural gas supply from medium - and long term perspectives. Oil products: Demand for oil products is projected to grow due to stepped-up industrialization and motorization in China, NIES and ASEAN countries. From medium - and long-term perspectives, considerable volumes of additional oil product supply will become necessary, unless large-scale refineries are newly built or expanded within the region centering on China. (author)

  16. Background issues of oil supply trading in Pacific island countries

    International Nuclear Information System (INIS)

    1990-01-01

    The 1980s has been a decade of considerable change within the petroleum industry resulting in new supply arrangements and continued uncertainty within the island countries about reasonable supply and pricing terms. Formulating an effective response is all the more challenging for small countries which have only recently become independent, which have miniscule public sector organizations responsible for energy policy and which occupy a region where petroleum dominates commercial energy use to a greater extent, well over 90 per cent, than any other part of the world. During the past five years the Energy Resources Section of ESCAP, and staff members of the Energy Program within the East West Center in Honolulu have frequently worked closely with the Pacific Energy Development Programme (PEDP) to advise Pacific island Governments on a wide range of petroleum policy and administration issues, including shipping, overall supply arrangements, contracts for refined products, price control and monitoring, regional co-operation, and storage options. They have also organized a number of formal and informal training activities within the petroleum sector and worked closely with a World Bank team which investigated regional bulk oil purchase in 1986. This report is of interest to readers concerned with options facing small countries, from both national and regional perspectives, for dealing with petroleum policy. Refs, figs and tabs

  17. Non-OPEC supply : delivering on growth

    International Nuclear Information System (INIS)

    Lynch, M.C.

    2001-01-01

    This PowerPoint slide show included several graphs depicting petroleum issues dealing with non-OPEC oil supply. A forecast for 2001 was included with particular focus on changes in non-OPEC supply and annual change in non-OPEC supply to 2005. The author described ways in which to judge oil supply forecasts. The driving factors for the first approach are: investment drilling, depletion, and other factors such as natural gas prices, labor relations, and weather. The second approach to forecasting oil supply is policy driven, as in the case of Mexico and Russia, maturity driven as in the case of the United States, North Sea and Canada, and lastly, it is inertia driven. It was noted that since most oil is from aging reservoirs, depletion drivers should be carefully considered, including different types of production, such as onshore, offshore and horizontal wells. The author concluded with his prediction that we can expect much more oil unless prices are weak. There will likely be more activity in the petroleum industry which will be good for the oil service industry. He also predicted improvements in productivity. 3 tabs., 12 figs

  18. Monitoring the Vulnerability of Energy Supply System

    International Nuclear Information System (INIS)

    Gnansonounou, E.

    2006-01-01

    Due to the increasing complexity of the world evolution, the public decision makers, the energy supply industry and the consumers in industrialised countries are more and more sensitive to the vulnerability of energy supply. The emergence of new big consumer countries and the perspective of oil and gas depletion at the end of the current century raise the concerns about how to share fairly the remaining resources for the common and sustainable development of the mankind. Erratic energy prices discourage investment and delay the energy transition. Voluntary measures are needed mainly in industrialised countries in order to develop alternative and sustainable energy sources and to avoid world struggle for energy procurement. In this contribution a synthetic energy vulnerability index is defined for monitoring energy supply vulnerability. The proposed index is based on energy intensity, oil and gas import dependency, CO 2 content of primary energy supply, electricity supply vulnerability and non-diversity in transport fuels. The preliminary assessment of this synthetic index for selected industrialised countries provides promising results that need however further refinement.(author)

  19. Manufacturing Improvement Program for the Oil and Gas Industry Supply Chain and Marketing Cluster

    Energy Technology Data Exchange (ETDEWEB)

    Taylor, Robert [Oklahoma State Univ., Stillwater, OK (United States)

    2016-09-28

    This project supported upgrades for manufacturing companies in the oil and natural gas supply chain in Oklahoma. The goal is to provide assistance that will lead to the improved efficiency advancement of the manufacturing processes currently used by the existing manufacturing clients. The basis for the work is to improve the economic environment for the clients and the communities they serve.

  20. Petroleum supply annual 1996: Volume 1

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1997-06-01

    The Petroleum Supply Annual (PSA) contains information on the supply and disposition of crude oil and petroleum products. The publication reflects data that were collected from the petroleum industry during 1996 through annual and monthly surveys. The PSA is divided into two volumes. This first volume contains three sections: Summary Statistics, Detailed Statistics, and Refinery Capacity; each with final annual data. The summary statistics section show 16 years of data depicting the balance between supply, disposition and ending stocks for various commodities including crude oil, motor gasoline, distillate fuel oil, residual fuel oil, jet fuel propane/propylene, and liquefied petroleum gases. The detailed statistics section provide 1996 detailed statistics on supply and disposition, refinery operations, imports and exports, stocks, and transportation of crude oil and petroleum products. The refinery capacity contain listings of refineries and associated crude oil distillation and downstream capacities by State, as of January 1, 1997, as well as summaries of corporate refinery capacities and refinery storage capacities. In addition, refinery receipts of crude oil by method of transportation for 1996 are provided. Also included are fuels consumed at refineries, and lists of shutdowns, sales, reactivations, and mergers during 1995 and 1996. 16 figs., 59 tabs.

  1. Petroleum supply annual 1996: Volume 1

    International Nuclear Information System (INIS)

    1997-06-01

    The Petroleum Supply Annual (PSA) contains information on the supply and disposition of crude oil and petroleum products. The publication reflects data that were collected from the petroleum industry during 1996 through annual and monthly surveys. The PSA is divided into two volumes. This first volume contains three sections: Summary Statistics, Detailed Statistics, and Refinery Capacity; each with final annual data. The summary statistics section show 16 years of data depicting the balance between supply, disposition and ending stocks for various commodities including crude oil, motor gasoline, distillate fuel oil, residual fuel oil, jet fuel propane/propylene, and liquefied petroleum gases. The detailed statistics section provide 1996 detailed statistics on supply and disposition, refinery operations, imports and exports, stocks, and transportation of crude oil and petroleum products. The refinery capacity contain listings of refineries and associated crude oil distillation and downstream capacities by State, as of January 1, 1997, as well as summaries of corporate refinery capacities and refinery storage capacities. In addition, refinery receipts of crude oil by method of transportation for 1996 are provided. Also included are fuels consumed at refineries, and lists of shutdowns, sales, reactivations, and mergers during 1995 and 1996. 16 figs., 59 tabs

  2. Electrical Power Supply to Offshore Oil Installations by High Voltage Direct Current Transmission

    Energy Technology Data Exchange (ETDEWEB)

    Myhre, Joergen Chr.

    2001-07-01

    This study was initiated to investigate if it could be feasible to supply offshore oil installations in the North Sea with electrical power from land. A prestudy of alternative converter topologies indicated that the most promising solution would be to investigate a conventional system with reduced synchronous compensator rating. The study starts with a summary of the state of power supply to offshore installations today, and a short review of classical HVDC transmission. It goes on to analyse how a passive network without sources influences the inverter. The transmission, with its current controlled rectifier and large inductance, is simulated as a current source. Under these circumstances the analysis shows that the network frequency has to adapt in order to keep the active and reactive power balance until the controllers are able to react. The concept of firing angle for a thyristor is limited in a system with variable frequency, the actual control parameter is the firing delay time. Sensitivity analysis showed some astonishing consequences. The frequency rises both by an increase in the active and in the reactive load. The voltage falls by an increase in the active load, but rises by an increase in the inductive load. Two different control principles for the system of inverter, synchronous compensator and load are defined. The first takes the reference for the firing delay time from the fundamental voltage at the point of common coupling. The second takes the reference for the firing delay time from the simulated EMF of the synchronous compensator. Of these, the second is the more stable and should be chosen as the basis for a possible control system. Two simulation tools are applied. The first is a quasi-phasor model running on Matlab with Simulink. The other is a time domain model in KREAN. The time domain model is primarily used for the verification of the quasi-phasor model, and shows that quasi-phasors is still a valuable tool for making a quick analysis

  3. The Asia-Pacific oil market : prospects for Canadian oil

    International Nuclear Information System (INIS)

    Fesharaki, F.

    2004-01-01

    The Asia-Pacific region is among the fastest growing oil markets for which analysts predict healthy growth rates due to high energy demands from developing countries such as China. Increased oil demand will mean new refining capacity needs and increased supplies of crude oil. The indigenous crude supply in the Asia-Pacific region is limited and unable to meet the region's needs. Imports are therefore expected to rise continuously. Although the Middle East will continue to be the dominant player in meeting these growing oil needs, Canada has an opportunity to diversify the supply source and play a significant role in meeting the energy needs of the Asia-Pacific region. tabs., figs

  4. Labour market assessment of the offshore oil and gas industry supply and service sector in Newfoundland and Labrador

    International Nuclear Information System (INIS)

    2003-09-01

    The Petroleum Industry Human Resource Committee (PIHRC) commissioned this study in December 2002 to develop a profile of the labour demand and supply for the upstream production phase of the offshore oil and gas industry. Interviews with representatives from more than 45 countries in the offshore oil and gas sector in Newfoundland and Labrador were conducted. In addition, the results of a mail survey forwarded to an additional 42 companies were included along with a review of secondary labour market research. More than 340 positions were identified in the production phase in the study. Of these, approximately 80 were identified as difficult to recruit for a variety of reasons including: insufficient experience in the oil industry; occupational shortages; short-term or project employment opportunities; very limited employment opportunities and limited occupational supply; lack of specific occupational training programs; and additional projects possibly leading to occupational shortages. The study provided valuable input concerning future labour market and human resource planning and career counselling on the 340 positions previously identified. 10 tabs

  5. Labour market assessment of the offshore oil and gas industry supply and service sector in Newfoundland and Labrador

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2003-09-01

    The Petroleum Industry Human Resource Committee (PIHRC) commissioned this study in December 2002 to develop a profile of the labour demand and supply for the upstream production phase of the offshore oil and gas industry. Interviews with representatives from more than 45 countries in the offshore oil and gas sector in Newfoundland and Labrador were conducted. In addition, the results of a mail survey forwarded to an additional 42 companies were included along with a review of secondary labour market research. More than 340 positions were identified in the production phase in the study. Of these, approximately 80 were identified as difficult to recruit for a variety of reasons including: insufficient experience in the oil industry; occupational shortages; short-term or project employment opportunities; very limited employment opportunities and limited occupational supply; lack of specific occupational training programs; and additional projects possibly leading to occupational shortages. The study provided valuable input concerning future labour market and human resource planning and career counselling on the 340 positions previously identified. 10 tabs.

  6. 棕榈油供给冲击与国内植物油价格波动的动态关系分析%Dynamic relationship analysis between palm oil supply shocks and domestic vegetable oil prices volatility

    Institute of Scientific and Technical Information of China (English)

    刘锐金; 王成丽

    2017-01-01

    [Objective]In this paper, the interaction between palm oil supply and prices of major domestic vegetable oils was analyzed, and supply reaction of palm oil under positive and negative shocks of prices was studied, as as to provide theoretical references for palm oil import management. [Method]The interaction between supply and price was assessed un-der the framework of co-integration-GARCH and error correction-GARCH models using monthly palm oil imports , spot prices of palm oil, soybean oil and rapeseed oil, and spot price of Malaysian palm oil. Linear and nonlinear Granger test was conducted for robustness check. [Result]Chinese palm oil processing manufacturers and traders preferred to rely on variance information accumulated in the past long period (ARCH effect), rather than a prediction variance (GARCH ef-fect). Compared to rapeseed oil, soybean oil had much stronger adjusting force on palm oil. The shock of palm oil supply weakly affected the prices. The signal of price changes with two lags had asymmetric impact on supply of palm oil. There existed no Granger causal relation between supply and price of palm oil. [Suggestion]Palm oil import management, marketing building and inventory monitor should be enhance, and researches on international pricing mechanism of palm oil need to be deepened.%[目的]分析棕榈油供给量与国内主要植物油价格的互动关系,以及对于来自价格正、负向冲击下棕榈油的供给反应,为棕榈油进口管理提供理论依据.[方法]利用我国棕榈油月度进口量、棕榈油、豆油、菜籽油现货价格及马来西亚毛棕榈油现货价格数据,在协整-GARCH、误差修正-GARCH框架下进行估计分析,研究供给量与价格间的互动关系,并用线性和非线性Granger因果检验进行稳健性检验.[结

  7. A New Resilience Measure for Supply Chain Networks

    Directory of Open Access Journals (Sweden)

    Ruiying Li

    2017-01-01

    Full Text Available Currently, supply chain networks can span the whole world, and any disruption of these networks may cause economic losses, decreases in sales and unsustainable supplies. Resilience, the ability of the system to withstand disruption and return to a normal state quickly, has become a new challenge during the supply chain network design. This paper defines a new resilience measure as the ratio of the integral of the normalized system performance within its maximum allowable recovery time after the disruption to the integral of the performance in the normal state. Using the maximum allowable recovery time of the system as the time interval under consideration, this measure allows the resilience of different systems to be compared on the same relative scale, and be used under both scenarios that the system can or cannot restore in the given time. Two specific resilience measures, the resilience based on the amount of product delivered and the resilience based on the average delivery distance, are provided for supply chain networks. To estimate the resilience of a given supply chain network, a resilience simulation method is proposed based on the Monte Carlo method. A four-layered hierarchial mobile phone supply chain network is used to illustrate the resilience quantification process and show how network structure affects the resilience of supply chain networks.

  8. Robust optimization on sustainable biodiesel supply chain produced from waste cooking oil under price uncertainty.

    Science.gov (United States)

    Zhang, Yong; Jiang, Yunjian

    2017-02-01

    Waste cooking oil (WCO)-for-biodiesel conversion is regarded as the "waste-to-wealthy" industry. This paper addresses the design of a WCO-for-biodiesel supply chain at both strategic and tactical levels. The supply chain of this problem is studied, which is based on a typical mode of the waste collection (from restaurants' kitchen) and conversion in the cities. The supply chain comprises three stakeholders: WCO supplier, integrated bio-refinery and demand zone. Three key problems should be addressed for the optimal design of the supply chain: (1) the number, sizes and locations of bio-refinery; (2) the sites and amount of WCO collected; (3) the transportation plans of WCO and biodiesel. A robust mixed integer linear model with muti-objective (economic, environmental and social objectives) is proposed for these problems. Finally, a large-scale practical case study is adopted based on Suzhou, a city in the east of China, to verify the proposed models. Copyright © 2016 Elsevier Ltd. All rights reserved.

  9. Updated Hubbert curves analyze world oil supply

    International Nuclear Information System (INIS)

    Ivanhoe, L.F.

    1996-01-01

    The question is not whether, but when, world crude oil production will start to decline, ushering in the permanent oil shock era. While global information for predicting this event is not so straightforward as the data M. King Hubbert used in creating his famous Hubbert Curve that predicted the US (Lower 48 states, or US/48) 1970 oil production peak, there are strong indications that most of the world's large exploration targets have now been found. Meanwhile, the earth's population is exploding along with the oil needs of Asia's developing nations. This article reviews Hubbert's original analyses on oil discovery and production curves for the US/48 and projects his proven methodology onto global oil discoveries and production as of 1992. The world's oil discovery curve peaked in 1962, and thence declined, as a Hubbert Curve predicts. However, global production was restricted after the 1973 Arab oil embargo. Otherwise, world production would have peaked in the mid-1990s. Two graphs show alternate versions of future global oil production

  10. Economic effects of peak oil

    International Nuclear Information System (INIS)

    Lutz, Christian; Lehr, Ulrike; Wiebe, Kirsten S.

    2012-01-01

    Assuming that global oil production peaked, this paper uses scenario analysis to show the economic effects of a possible supply shortage and corresponding rise in oil prices in the next decade on different sectors in Germany and other major economies such as the US, Japan, China, the OPEC or Russia. Due to the price-inelasticity of oil demand the supply shortage leads to a sharp increase in oil prices in the second scenario, with high effects on GDP comparable to the magnitude of the global financial crises in 2008/09. Oil exporting countries benefit from high oil prices, whereas oil importing countries are negatively affected. Generally, the effects in the third scenario are significantly smaller than in the second, showing that energy efficiency measures and the switch to renewable energy sources decreases the countries' dependence on oil imports and hence reduces their vulnerability to oil price shocks on the world market. - Highlights: ► National and sectoral economic effects of peak oil until 2020 are modelled. ► The price elasticity of oil demand is low resulting in high price fluctuations. ► Oil shortage strongly affects transport and indirectly all other sectors. ► Global macroeconomic effects are comparable to the 2008/2009 crisis. ► Country effects depend on oil imports and productivity, and economic structures.

  11. Travel demand policies for saving oil during a supply emergency

    International Nuclear Information System (INIS)

    Noland, Robert B.; Cowart, William A.; Fulton, Lewis M.

    2006-01-01

    An area of growing concern is the future stability of oil producing regions and the ability to maintain stability in international petroleum markets. The transport sector, in particular, is extremely vulnerable to short-term supply disruptions with consequent implications on economic activities in most countries. This paper analyses potential transport demand restraint strategies that could potentially mitigate the impact of short-term supply disruptions. Our analysis includes estimates of the potential fuel savings from several policies. Specifically, we examine various work-based policies (telecommuting, flexible work schedules), the potential of carpooling, speed limit reductions, driving bans and restrictions, increased public transport usage, and providing information on the effect of maintaining optimal tire pressures. The analysis uses various assumptions based on existing knowledge about how travelers may respond under emergency conditions to develop estimates of potential fuel savings. Results suggest that the most restrictive policies, such as driving bans and mandatory carpooling are the most effective. Other policies provide small reductions with some, such as telecommuting and flexible work schedules, having the potential to be easily implemented. Those policies, focussed on encouraging public transport use, are less effective and potentially more costly to implement

  12. Travel demand policies for saving oil during a supply emergency

    Energy Technology Data Exchange (ETDEWEB)

    Noland, Robert B. [Department of Civil and Environmental Engineering, Centre for Transport Studies, Imperial College London, London SW7 2AZ (United Kingdom)]. E-mail: r.noland@imperial.ac.uk; Cowart, William A. [ICF Consulting, Ltd., Egmont House, 25-31 Tavistock Place, Bloomsbury, London, WC1H 9SU (United Kingdom); Fulton, Lewis M. [International Energy Agency, 9 Rue de la Federation, Paris 75015 (France)

    2006-11-15

    An area of growing concern is the future stability of oil producing regions and the ability to maintain stability in international petroleum markets. The transport sector, in particular, is extremely vulnerable to short-term supply disruptions with consequent implications on economic activities in most countries. This paper analyses potential transport demand restraint strategies that could potentially mitigate the impact of short-term supply disruptions. Our analysis includes estimates of the potential fuel savings from several policies. Specifically, we examine various work-based policies (telecommuting, flexible work schedules), the potential of carpooling, speed limit reductions, driving bans and restrictions, increased public transport usage, and providing information on the effect of maintaining optimal tire pressures. The analysis uses various assumptions based on existing knowledge about how travelers may respond under emergency conditions to develop estimates of potential fuel savings. Results suggest that the most restrictive policies, such as driving bans and mandatory carpooling are the most effective. Other policies provide small reductions with some, such as telecommuting and flexible work schedules, having the potential to be easily implemented. Those policies, focussed on encouraging public transport use, are less effective and potentially more costly to implement.

  13. Short and long term supply curves for crude oil and the consequences for the market; Kurz- und langfristige Angebotskurven fuer Rohoel und die Konsequenzen fuer den Markt

    Energy Technology Data Exchange (ETDEWEB)

    Schlothmann, Daniel

    2016-03-08

    In this work, supply curves for 22 major oil producing countries were identified and then aggregated into global supply curves. According to the identified supply curves, almost all oil-producing oil projects currently under development in the study countries are also profitable at the current oil price of $ 35 to $ 40 per barrel, taking short-term marginal costs into account. However, if the price of oil remains at this level in the coming years, a supply bottleneck on the global oil market will occur until 2024, as the development of cost-intensive, unconventional deposits and of deposits in deep and very deep waters is necessary to meet future demand. In order to avoid such a supply bottleneck by 2024, an oil price of at least US $ 80 per barrel is required, according to the long-term market equilibrium determined. [German] In dieser Arbeit wurden Angebotskurven fuer 22 bedeutende Oelfoerderlaender ermittelt und anschliessend zu globalen Angebotskurven aggregiert. Gemaess den ermittelten Angebotskurven sind nahezu alle gegenwaertig in der Foerderphase befindlichen Oelprojekte in den Untersuchungslaendern auch beim aktuellen Oelpreis von 35 bis 40 US-$ je Barrel unter Beruecksichtigung der kurzfristigen Grenzkosten rentabel. Sollte der Oelpreis jedoch in den kommenden Jahren auf diesem Niveau verharren, wird es bis zum Jahr 2024 zu einem Angebotsengpass auf dem globalen Oelmarkt kommen, da zur Deckung der zukuenftigen Nachfrage die Erschliessung kostenintensiver, unkonventioneller Lagerstaetten und von Lagerstaetten in tiefen und sehr tiefen Gewaessern notwendig ist. Damit es bis zum Jahr 2024 nicht zu einem solchen Angebotsengpass kommt, ist gemaess des ermittelten langfristigen Marktgleichgewichts ein Oelpreis von mindestens 80 (2014er) US-$ je Barrel notwendig.

  14. Modeling and forecasting the supply of oil and gas: a survey of existing approaches

    International Nuclear Information System (INIS)

    Walls, M.A.

    1992-01-01

    This paper surveys the literature on empirical oil and gas supply modeling. The models fall into two broad categories: geologic/engineering and econometric. Two types of geologic/engineering models are surveyed - play analysis, or simulation models and discovery process models. A third category of supply models, 'hybrids', which contain features of both econometric and discovery process models are also discussed. Particular attention is paid to whether or not the models have linkages between a dynamic model of producer optimizing behaviour and the factors governing supply of the resource; whether or not expectations of future prices, costs, and other stochastic variables are incorporated; whether the physical characteristics of non-renewable resources are captured; and how well the models perform. The paper concludes that the best path for future research efforts is a hybrid approach where the econometric component is derived from a stochastic dynamic optimization model of exploration behaviour. 51 refs., 3 figs., 1 tab

  15. Marrying project deliverability models and labour supply for the oil sands

    Energy Technology Data Exchange (ETDEWEB)

    Albright, R.; Whitaker, C.A. [Fluor Canada Ltd., Calgary, AB (Canada)

    2005-07-01

    Alberta is predicting a labour shortage to support the construction and operation of planned oil sands projects in the region. This paper provided a framework of options available to stakeholders in addressing resource constraints from the viewpoint of Fluor Canada Ltd. A background of previous projects was presented, which highlighted various strategies used in the management of human resources issues. Strategies included local hiring through the Alberta-based trade unions; recruitment from other Canadian provinces; a higher ratio of apprentices; extremely high utilization crew schedules; and extended use of overtime. It was noted that these strategies resulted in some cost overruns and lower productivity levels. A productivity analysis was used to determine and resolve productivity issues. Various regulations in Alberta were discussed in relation to training programs and skilled immigrants. Various international training facilities operated by Fluor were reviewed. A factor model of human resources issues was presented. Summaries of supply chain management, systems, and technologies were presented. Issues concerning prefabrication, pre-assembly, modularization and offsite fabrication were discussed. It was concluded that by taking advantage of lessons learned in previous projects a solid foundation is set from which to plan for future requirements. Successful project execution is achieved by taking advantage of current technology; enhancing modular construction standards; and using supply chain management techniques and enhanced labour supply solutions. tabs., figs.

  16. Determination of aluminium and physicochemical parameters in the palm oil estates water supply at Johor, Malaysia.

    Science.gov (United States)

    Siti Farizwana, M R; Mazrura, S; Zurahanim Fasha, A; Ahmad Rohi, G

    2010-01-01

    The study was to determine the concentration of aluminium (Al) and study the physicochemical parameters (pH, total dissolved solids (TDS), turbidity, and residual chlorine) in drinking water supply in selected palm oil estates in Kota Tinggi, Johor. Water samples were collected from the estates with the private and the public water supplies. The sampling points were at the water source (S), the treatment plant outlet (TPO), and at the nearest houses (H1) and the furthest houses (H2) from the TPO. All estates with private water supply failed to meet the NSDWQ for Al with mean concentration of 0.99 ± 1.52 mg/L. However, Al concentrations in all public water supply estates were well within the limit except for one estate. The pH for all samples complied with the NSDWQ except from the private estates for the drinking water supply with an acidic pH (5.50 ± 0.90). The private water supply showed violated turbidity value in the drinking water samples (14.2 ± 24.1 NTU). Insufficient amount of chlorination was observed in the private water supply estates (0.09 ± 0.30 mg/L). Private water supplies with inefficient water treatment served unsatisfactory drinking water quality to the community which may lead to major health problems.

  17. Performance measurement for supply chain management and evaluation criteria determination for reverse supply chain management

    Science.gov (United States)

    Kongar, N. Elif

    2004-12-01

    Today, since customers are able to obtain similar-quality products for similar prices, the lead time has become the only preference criterion for most of the consumers. Therefore, it is crucial that the lead time, i.e., the time spent from the raw material phase till the manufactured good reaches the customer, is minimized. This issue can be investigated under the title of Supply Chain Management (SCM). An efficiently managed supply chain can lead to reduced response time for customers. To achieve this, continuous observation of supply chain efficiency, i.e., a constant performance evaluation of the current SCM is required. Widely used conventional performance measurement methods lack the ability to evaluate a SCM since the supply chain is a dynamic system that requires a more thorough and flexible performance measurement technique. Balanced Scorecard (BS) is an efficient tool for measuring the performance of dynamic systems and has a proven capability of providing the decision makers with the appropriate feedback data. In addition to SCM, a relatively new management field, namely reverse supply chain management (RSCM), also necessitates an appropriate evaluation approach. RSCM differs from SCM in many aspects, i.e., the criteria used for evaluation, the high level of uncertainty involved etc., not allowing the usage of identical evaluation techniques used for SCM. This study proposes a generic Balanced Scorecard to measure the performance of supply chain management while defining the appropriate performance measures for SCM. A scorecard prototype, ESCAPE, is presented to demonstrate the evaluation process.

  18. The security of gas supply-a critical issue for Europe?

    International Nuclear Information System (INIS)

    Weisser, Hellmuth

    2007-01-01

    Gas is competing with oil for being the dominant energy source. In electricity generation gas is to play as pivotal a role as oil in transportation. The security equation of gas and electricity become unseparably interrelated. Energy disruptions have considerable influence on the national accounts far beyond the direct cost of market participants (asymmetry). The present gas supply to the EU depends dangerously on too few sources and venues. There is a decided lack of optionality. The EU directly or through its members needs a clear proactive policy on 'Security of Gas Supply' with a strong multilateral direction. The measures developed for the oil industry over the last 30 years can at least serve as a starting point for a constructive debate. When discussing security of supply dependence it is useful to clearly define the various risks one wishes to protect against. Free riders relying on alternative fuels without participating in their security systems are not permissible

  19. World energy supply and demand and the future of nuclear power

    International Nuclear Information System (INIS)

    Lantzke, U.

    1977-01-01

    The OECD's world energy outlook analyses projected trends in energy damnd and supply for the OECD area and other major global regions to 1985. It provides a brief discussion of trends after 1985. OECD energy consumption is projected to grow more slowly than in the past. Conservation effects will increase efficiency of energy use per unit of economic growth. All domestic energy supplies in the OECD are projected to expand faster than in the past. The relative share of non-fossil energy sources in total production will be almost doubled. Assuming moderate economic growth, existing energy policies and a constnat real price for oil, the outlook's reference case projects OECD oil import at 35 million barrels a day by 1985. This level of import demand, when combined with the import needs of other oil importing areas, could approach the limit of availability of world oil supplies and as a result cause severe disequilibrium in world energy markets. The outlook indicates such severe disruption can be avoided by action to improve the world energy supply and demand balance without impeding economic growth objectives. Strong measures will be required both to conserve energy and to develop new energy supplies. The biggest increment to the OECD's energy supply by 1985 is expected to come from nuclear power. This substantial nuclear contribution will be inevitable and irreplaceable. As a result urgent solutions to problems concerning safety, availability of fuel cycle services, the environment, cost escalation and construction delays will be required

  20. Supplying synthetic crude oil from Canadian oil sands: A comparative study of the costs and CO2 emissions of mining and in-situ recovery

    International Nuclear Information System (INIS)

    Méjean, Aurélie; Hope, Chris

    2013-01-01

    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 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 of supplying synthetic crude oil. The sensitivity analysis shows that before 2035, the most influential parameters are the learning parameter in the case of in-situ bitumen and the depletion parameter in the case of mined bitumen. After 2035, depletion dominates in both cases. The results show that the social cost of CO 2 has a large impact on the total costs of synthetic crude oil, in particular in the case of synthetic crude oil from in-situ bitumen, due to the carbon intensity of the recovery techniques: taking into account the social cost of CO 2 adds more than half to the cost of producing synthetic crude oil from mined bitumen in 2050 (mean value), while the cost of producing synthetic crude oil from in-situ bitumen more than doubles. - Highlights: • We model the cost of Canadian synthetic crude oil (SCO) using Monte-Carlo techniques. • We reveal the uncertainty associated with each input parameter. • We quantify the effect of learning, depletion and CO 2 using sensitivity analyses. • Accounting for the social cost of CO 2 doubles the cost of SCO from in-situ bitumen. • CO 2 pricing could have a large effect on the economics of the oil sands

  1. Oil and influence: the oil weapon examined

    Energy Technology Data Exchange (ETDEWEB)

    Maull, H

    1975-01-01

    The term ''oil weapon'' as used here signifies any manipulation of the price and/or supply of oil by exporting nations with the intention of changing the political behavior of the consumer nations. The political potential of the oil price is fairly restricted so, in effect, the supply interruptions are of prime concern. Manipulating price does, in principle, offer the possibilities of both conferring rewards and inflicting sanctions. Oil could be sold on preferential prices and terms. A precondition for using the oil weapon successfully would be the ability to cause real and serious damage to the consumer countries. Four damaging potentials for using the oil weapon could include its application by: (1) one producer against one consumer; (2) one producer against all consumers; (3) a group of producers against one consumer; and (4) by a group of producers against all consumers. It is concluded that the oil weapon will continue to be a force in the international system. (MCW)

  2. Supply chain oriented performance measurement for automotive spare parts

    NARCIS (Netherlands)

    de Leeuw, S.L.J.M.; Beekman, L.

    2008-01-01

    Literature provides a number of conceptual frameworks and discussions on performance measurement in supply chains. However, most of these frameworks focus on a single link of a supply chain. Furthermore, there is a lack of empirical analysis and case studies on performance metrics and measurements

  3. Oil statistics 1976: supply and disposal

    Energy Technology Data Exchange (ETDEWEB)

    1976-01-01

    Summary tables are included for the period 1960 to 1976. The detailed tables for 1976 cover production, supply and disposal; supply and disposal by product; imports by sources; imports from member countries; exports by destination; exports to member countries; consumption by end-use sectors; and supply and disposal of finished products by country (1975 and 1976). (DLC)

  4. Proceedings of the Canadian Institute conference on maximizing oil sands growth : improving transportation logistics, labour supply and pipeline availability

    International Nuclear Information System (INIS)

    2005-01-01

    This conference focused on the development of a transportation infrastructure to accommodate oil sands growth, with particular reference to building a pipeline infrastructure to meet the delivery and supply requirements of oil sands producers. The need for transmission system upgrades and additions to meet the electric power requirements of the oil sands industry was also discussed. The transportation options and new proposed pipeline construction projects that will alleviate the current transportation challenges in the oil sands region were identified. These include the implementation of new infrastructure strategies based on current pipeline availability, Kyoto requirements and downstream market demands. The impact of labour shortages on the oil sands industry was reviewed along with solutions to prevent and overcome these shortages. The conference featured 15 presentations, of which 3 have been catalogued separately for inclusion in this database. tabs., figs

  5. Measurement of quadratic electrogyration effect in castor oil

    Science.gov (United States)

    Izdebski, Marek; Ledzion, Rafał; Górski, Piotr

    2015-07-01

    This work presents a detailed analysis of electrogyration measurement in liquids with the usage of an optical polarimetric technique. Theoretical analysis of the optical response to an applied electric field is illustrated by experimental data for castor oil which exhibits natural optical activity, quadratic electro-optic effect and quadratic electrogyration effect. Moreover, the experimental data show that interaction of the oil with a pair of flat electrodes induces a significant dichroism and natural linear birefringence. The combination of these effects occurring at the same time complicates the procedure of measurements. It has been found that a single measurement is insufficient to separate the contribution of the electrogyration effect, but it is possible on the basis of several measurements performed with various orientations of the polarizer and the analyser. The obtained average values of the quadratic electrogyration coefficient β13 in castor oil at room temperature are from - 0.92 ×10-22 to - 1.44 ×10-22m2V-2 depending on the origin of the oil. Although this study is focused on measurements in castor oil, the presented analysis is much more general.

  6. Documentation of the Oil and Gas Supply Module (OGSM). Appendix, Model developers report

    International Nuclear Information System (INIS)

    1995-01-01

    The Office of Integrated Analysis and Forecasting (OIAF) is required to provide complete model documentation to meet the EIA Model Acceptance Standards. The Documentation for the Oil and Gas Supply Module (OGSM) provides a complete description of the OGSM methodology, structure, and relation to other modules in the National Energy Modeling System (NEMS). This Model Developers Report (MDR) serves as an appendix to the methodology documentation. This report provides an overview of the model and an assessment of the sensitivity of OGSM results to changes in input data or parameters

  7. Western Canadian crude oil supply and markets 2002-2010 : Executive summary

    International Nuclear Information System (INIS)

    2003-08-01

    The forecast of crude supply developed by the Canadian Association of Petroleum Producers (CAPP) indicates that additional pipeline capacity from western Canada to existing new markets will be required. A crude market study was undertaken to investigate and assess the potential development of the North American crude markets along with expected western Canadian crude supply growth. The results revealed that additional crude export capacity from Alberta will be required by 2006 or 2007. An analysis of three export pipeline scenarios was carried out: (1) Hardisty to Chicago, with a further extension to Cushing, Oklahoma, (2) Edmonton to the west coast of British Columbia, Prince Rupert, and (3) Hardisty to California. The most attractive aggregate benefits to heavy crude producers would result from a western export pipeline to British Columbia or California. A superior alternative is a pipeline to a deepwater tanker terminal on the coast of British Columbia. The Chicago pipeline option would become more attractive if Midwestern refiners were to expand their capacity to process heavy oil. Declining netbacks associated with sustained growth that is introduced into the market place are reflected in all scenarios over the forecast period until 2010. 1 tab., 23 figs

  8. Changing patterns in world oil supplies

    Energy Technology Data Exchange (ETDEWEB)

    Khane, A R; Bischoff, G

    1979-03-01

    The aim of the oil countries to industrialize in as short a period as possible is discussed in a dialogue with Dr. Khane. The topics of the oil price rises, the price rises for industrial plant, worldwide unemployment, the standard of living and the excess capacities in industrial countries are also discussed.

  9. 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

  10. Quality Measurement in the Wood Products Supply Chain

    OpenAIRE

    Espinoza, Omar Alejandro

    2009-01-01

    The purpose of this research is to learn about quality measurement practices in a wood products supply chain. According to the Supply Chain Management paradigm, companies no longer compete as individual entities, but as part of complex networks of suppliers and customers, linked together by flows of materials and information. Evidence suggests that a high degree of integration between supply chain members is essential to achieve superior market and financial performance. This study investigat...

  11. Conference assesses world oil supply scene

    International Nuclear Information System (INIS)

    Anon.

    1992-01-01

    This paper reports that the Offshore Northern Seas conference heard a number of long term outlooks in Stavanger, Norway, last week, all with the same conclusion: the oil and gas industry needs massive investment if it is to match future demand. Norwegian Prime Minister Gro Harlem Bruntland built her scenario on a doubling of world population every 40 years. Mrs. Bruntland emphasized the growing dependence of the world economy on Middle East developments. Two thirds of the world's oil reserves are in the Persian Gulf region, she said, but only 28% of production comes from there. As the rest of the world depletes its reserves, dependence on Persian Gulf oil will grow

  12. The impacts of oil price shocks on stock market volatility: Evidence from the G7 countries

    International Nuclear Information System (INIS)

    Bastianin, Andrea; Conti, Francesca; Manera, Matteo

    2016-01-01

    We study the effects of crude oil price shocks on the stock market volatility of the G7 countries. We identify the causes underlying oil price shocks and gauge the impacts that oil supply and oil demand innovations have on financial volatility. We show that stock market volatility does not respond to oil supply shocks. On the contrary, demand shocks impact significantly on the volatility of the G7 stock markets. Our results suggest that economic policies and financial regulation activities designed to mitigate the adverse effects of unexpected oil price movements should be designed by looking at the source of the oil price shocks. - Highlights: • Effects of oil price shocks on the stock market volatility of the G7 countries. • Econometric identification of the different causes of oil shocks. • Stock market volatility does not respond to oil supply shocks. • Demand shocks impact significantly on stock market volatility. • Policy measures should be designed by considering the source of oil shocks.

  13. Oil supply and demand

    International Nuclear Information System (INIS)

    Rech, O.

    2006-01-01

    The year 2004 saw a change in the oil market paradigm that was confirmed in 2005. Despite a calmer geopolitical context, prices continued to rise vigorously. Driven by world demand, they remain high as a result of the saturation of production and refining capacity. The market is still seeking its new equilibrium. (author)

  14. Oil supply and demand

    Energy Technology Data Exchange (ETDEWEB)

    Rech, O

    2006-07-01

    The year 2004 saw a change in the oil market paradigm that was confirmed in 2005. Despite a calmer geopolitical context, prices continued to rise vigorously. Driven by world demand, they remain high as a result of the saturation of production and refining capacity. The market is still seeking its new equilibrium. (author)

  15. Canadian heavy oil supply and demand

    International Nuclear Information System (INIS)

    Eynon, G.

    1997-01-01

    The wealth of business opportunities presented by Canada's vast heavy oil and bitumen resources in the face of declining reserves of light and medium crude were discussed. It was argued that Western Canadian producers, as a group, appear to lack the appreciation of the impacts of midstream and downstream sectors of the heavy oil business. The vertical integration of the heavy oil industry in Venezuela was cited as an example of the direction that Canadian producers should travel to achieve the control over their own destiny through ownership of the means of transportation, refining and marketing that is commensurate with their growing importance in the energy sector. The opportunities are great, but long-term success will require a sophisticated and integrated business approach. 4 figs

  16. FY 1984 report on the results of the verification test on the methanol conversion for oil-fired power plant. Survey of the potential quantity supplied of overseas resource (Survey of the potential quantity supplied of methanol); 1984 nendo sekiyu karyoku hatsudensho metanoru tenkan tou jissho shiken kaigai shigen kyokyu kano ryo chosa (Metanoru kyokyu kano ryo chosa) seika hokokusho

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1985-03-01

    Based on the results of the survey of the potential quantity supplied of overseas resource which was made from FY 1981 to FY 1983, the paper predicted the world methanol supply plan, changes in the oil situation, economical efficiency of methanol and the competitive power with petroleum products, etc., and studied the time of potential supply, areas of potential supply and supply potential of power generation use methanol during the period toward 2000. In case the comparatively low crude oil price is predicted due to the energy supply/demand (Scenario A), the supply potential of power generation use methanol in four projects on methanol production taken up as trial calculation example is considered very low. Even in case the comparatively high crude oil price is predicted (Scenario C), it is in 1989 that the methanol market price becomes equivalent in heat quantity to the crude oil price. It is difficult to expect the potential before 1989. In case of the intermediate case between Scenario A and Scenario C (Scenario B), it is in 1993 that the methanol price becomes equivalent in heat quantity to the crude oil price. It is difficult to expect the potential before 1993. (NEDO)

  17. Developing measures for the evaluation of information flow efficiency in supply chains

    Directory of Open Access Journals (Sweden)

    Johanna A. Badenhorst

    2013-05-01

    Full Text Available Member organisations in a supply chain are dependent on each other to provide material, services and information to perform optimally in the supply chain. Efficient, unrestricted information flow is needed in supply chains to function properly. Information flow is thus an element of supply chain management that needs to be managed. Yet, no indication could be found in supply chain management literature of the measurement of information flow efficiency. Hence, the aim of this article is to explore the measurement of information flow efficiency in supply chain management (SCM and exploratively develop possible measures (indicators and associated metrics to measure the efficiency of information flow.In this research the theory of information and related concepts, the basic notions of information systems and the models of business performance measurement were explored. Based on information flow theory and information flow characteristics a research instrument was developed. It was used in a survey to seek inputs from supply chain managers as to the usefulness of characteristics as indicators and metrics for the measurement of information flow efficiency in a supply chain. The main contribution of the study is the development of a conceptual framework of indicators and metrics that may be used to evaluate the efficiency of information flows in supply chains. The results of this study can be used as a basis for further studies to validate the instrument for measuring information flow efficiency and to develop scales to actually measure information flow efficiency.

  18. Liquid ultrasonic flow meters for crude oil measurement

    Energy Technology Data Exchange (ETDEWEB)

    Kalivoda, Raymond J.; Lunde, Per

    2005-07-01

    Liquid ultrasonic flow meters (LUFMs) are gaining popularity for the accurate measurement of petroleum products. In North America the first edition of the API standard ''Measurement of liquid hydrocarbons by ultrasonic flow meters using transit time technology'' was issued in February 2005. It addresses both refined petroleum products and crude oil applications. Its field of application is mainly custody transfer applications but it does provide general guidelines for the installation and operation of LUFM's other applications such as allocation, check meters and leak detection. As with all new technologies performance claims are at times exaggerated or misunderstood and application knowledge is limited. Since ultrasonic meters have no moving parts they appear to have fewer limitations than other liquid flow meters. Liquids ultrasonic flow meters, like turbine meters, are sensitive to fluid properties. It is increasingly more difficult to apply on high viscosity products then on lighter hydrocarbon products. Therefore application data or experience on the measurement of refined or light crude oil may not necessarily be transferred to measuring medium to heavy crude oils. Before better and more quantitative knowledge is available on how LUFMs react on different fluids, the arguments advocating reduced need for in-situ proving and increased dependency on laboratory flow calibration (e.g. using water instead of hydrocarbons) may be questionable. The present paper explores the accurate measurement of crude oil with liquid ultrasonic meters. It defines the unique characteristics of the different API grades of crude oils and how they can affect the accuracy of the liquid ultrasonic measurement. Flow testing results using a new LUFM design are discussed. The paper is intended to provide increased insight into the potentials and limitations of crude oil measurement using ultrasonic flow meters. (author) (tk)

  19. Location and allocation decision for supply chain network of Cajeput oil (Case in XYZ company)

    Science.gov (United States)

    Mahardika, F. A.; Hisjam, M.; Widodo, B.; Kurniawan, B.

    2017-11-01

    Cajeput oil is a very promising business. And now, the fulfillment of Cajeput oil in Indonesia is still lacking. It's because the rate of production Cajeput leaves in Indonesia is still low. In Indonesia, XYZ company manages forests in 7 regions. XYZ currently are developing Cajeput oil business. XYZ is currently doing business productivity improvement of Cajeput by planting Cajeput trees in Location 3, Sragen. Besides the Cajeput trees planting program, XYZ plan to do the construction distillery Cajeput leaves. The purpose of the research in this paper is to minimize the total cost of the supply chain network of Cajeput oil in XYZ and to determine whether the construction of a Cajeput distillery should be done or not. This paper uses mixed integer linear programming to make matemathical models. To minimize the total cost, used IBM® ILOG®CPLEX software. From IBM® ILOG®CPLEX software. From the calculation ILOG®CPLEX IBM® software can be seen that the minimum total cost would be obtained if XYZ opened a new distillery with a capacity of 25000kg and a new factory with a capacity of 10000kg. Besides all the truck owned can be used entirely at optimal capacity. And the total cost from IBM® ILOG®CPLEX is IDR 113,406,250.

  20. Asian interests in Alberta oil sands

    International Nuclear Information System (INIS)

    Du Plessis, D.; Laureshen, C.

    2004-01-01

    The growing Asian interest in Alberta's oil sands and import opportunities was discussed along with the feasibility of marketing bitumen to Asia. Asia is an obvious new market for Canadian heavy oil and bitumen due to an increasing demand for petroleum products in Japan, Korea, Taiwan and China. This paper examined the following three criteria that will determine the success of any initiative to move Canadian crude oil to Asian-Pacific markets: (1) a sustainable supply from Alberta; a pipeline to transport the crude to a deepwater port on the west coast; and, a guaranteed market at the other end. The basis for Asian interest in Alberta's oil sands is the sustainable secure supply of oil for growing Asian markets; heavy dependence on supplies from the Middle East; the desire to diversify supply sources; and, opportunities to invest in oil sands developments. Examples of Asian (Japan, Korea, Taiwan and China) missions to Alberta were presented along with the challenges of getting products to market with reference to Enbridge's new market access plan, Terasen's staged capacity expansion for heavy crudes and refined products, and sea transport from Prince Rupert. The paper also included graphs depicting world GDP; incremental increase in world primary energy demand by fuel for 2000 to 2020; world oil demand by region; oil demand by region in Asia; oil demand and supply in northeast Asia (Japan, China, Korea) and dependence level on Middle Eastern oil; oil demand and supply in China; China's petroleum production and consumption; refined products market forecast for 2000 to 2020; 2002 crude oil imports to Asia; 2004 refining capacity; product quality comparisons; cost competitive study; and energy policy objectives for China, Japan, Korea and Taiwan. 19 figs

  1. Reference data on world oil markets

    International Nuclear Information System (INIS)

    2005-01-01

    This paper makes a status of the 2004 activity of worldwide oil markets: oil demand, oil supplies (OPEC and non-OPEC countries, unused production capacities), formation of oil prices (role of stockpiles, role of terminal markets, impact of dollar rate), economic data: OPEC objectives, market vision, volatility of prices, supply and demand. (J.S.)

  2. Market potential for Canadian crude oil

    International Nuclear Information System (INIS)

    Heath, M.; Fisher, L.; Golosinski, D.; Luthin, A.; Gill, L.; Raggett, C.

    1997-01-01

    Future key markets for Canadian crude were evaluated, and probable flow volumes and prices were identified. Key concerns of market participants such as pricing, alternative crude sources, pipeline tariffs and crude quality, were examined. An overview of the competition faced by Canadian crude supply in global markets was presented. World crude oil supply and demand was discussed. US and Canadian crude oil supply (2000 to 2010), refinery demand for light and heavy crudes, existing future crude oil and refined product pipeline infrastructure, and pricing implications of changing crude oil flows were analyzed. The general conclusion was that the US market will continue to provide growing markets for Canadian crude oil, and that the Canadian supply to fulfill increased export requirements will be available due to the combined effects of increasing heavy crude supply, growing production from the east coast offshore, and recent and ongoing pipeline expansions and additions. 20 refs., 64 tabs., 42 figs

  3. Oil and gas information 1995

    International Nuclear Information System (INIS)

    1996-07-01

    This reference book on current developments in oil and gas supply and demand contains country-specific statistics for OECD countries on production, trade, demand and prices. This book is divided in four parts. Part 1 gives the statistics sources for oil, gas and by products (lubricants, bitumen, paraffin waxes etc..) supply, demand, consumption, origin, feedstocks, import and export prices, spot and end-user prices and taxes, and gives also the definitions of products, supply and consumption items reported in this book. Part 2 provides summary tables of world oil and gas market developments with time series back to the early 1970's. Parts 3 and 4 provide, in tables form, a more detailed and comprehensive picture of oil and gas supply and demand for the OECD by region and individual countries. (J.S.)

  4. Oil supply security: the emergency response potential of IEA countries

    International Nuclear Information System (INIS)

    1995-01-01

    This work deals with the oil supply security and more particularly with the emergency response potential of International Energy Agency (IEA) countries. The first part describes the changing pattern of IEA emergency response requirements. It begins with the experience from the past, then gives the energy outlook to 2010 and ends with the emergency response policy issues for the future. The second part is an overview on the IEA emergency response potential which includes the organisation, the emergency reserves, the demand restraint and the other response mechanisms. The third part gives the response potential of individual IEA countries. The last part deals with IEA emergency response in practice and more particularly with the gulf crisis of 1990-1991. It includes the initial problems raised by the gulf crisis, the adjustment and preparation and the onset of military action with the IEA response.(O.L.). 7 figs., 85 tabs

  5. Infrared sensing and the measurement of oil slick thickness

    International Nuclear Information System (INIS)

    Brown, H.M.; Baschuk, J.J.; Goodman, R.H.

    1998-01-01

    The issue of whether infrared images can be used to detect the thickness of a marine oil spill was discussed. Infrared images of oil spills on water show density variations because of variations in oil temperature and emissivity. These observations have been used to determine thickness variations in the oil. Experiments were conducted in a large wave basin using two typical crude oils in the thickness range of 1 mm to 10 mm. Infrared images of oil spills were recorded and simultaneous thickness measurements were made using an acoustic thickness gauge. The study showed that there is no relationship between infrared image pixel greyness and the thickness measured with an acoustic probe. It was not possible to determine the volume of a spill using infrared images. 2 refs., 1 tab., 4 figs

  6. Panorama 2009 - oil supply and demand

    International Nuclear Information System (INIS)

    2008-01-01

    The year 2008 will probably go down in the annals of the oil industry along with the oil shocks of 1973 and 1980, the counter-shock of 1986 and the demand surge of 2004. The price spikes observed until the month of July were unusually high, followed by an unusually abrupt, steep decrease. This is the result of the short-sightedness shown by all market players, most of whom failed to anticipate the economic downturn

  7. Special report: EC oil market

    International Nuclear Information System (INIS)

    Anon.

    1992-01-01

    A European Commission report on the EC's oil market has conceded that the Community will not meet its official objective of reducing oil's share of energy consumption to 40% by 1995. The paper, a 'Communication' to the European Council entitled ''The Oil Market and the Refining Industry in the Community: Recent Developments and Prospects'' says oil will ''continue to account for a major share - of the order of 45% -of the Community's energy consumption'' up to the year 2000. Nonetheless, the report's authors insist the Commission has proposed ''a number of measures'' which could reduce the potential consumption of fossil fuels and help limit CO2 emissions. The report confirms that though lower in 1990 than 1980 at 530mt, oil demand picked up in the second half of the 1980s, reflecting world trends. Little impression has been made on the proportion of the Community's crude supply that is imported. However, one area where the report did find energy objectives successes was that of diversifying sources of crude oil supply. A major source of concern for the Commission at one stage in the second half of the 1980s was the possibility of massive imports of finished oil products from refineries in the oil producing countries. However, the fact that this threat did not materialise is taken as a vindication of the Commission's assessment in previous analyses that ''an open Community market should be maintained''. (author)

  8. Risk and risk policy in the field of energy supply

    International Nuclear Information System (INIS)

    Nydegger, A.

    1980-01-01

    The economic and energy-political questions relating to securing the supply of energy to Switzerland are considered. Several points are made: 1. The fear of an imminent global shortage of oil is exaggerated. For various reasons the demand for oil will fall significantly in the next ten years, long before oil and other conventional energy resources begin to fail. 2. The short-term supply of oil should not be put at risk by excessive parsimony in using supplies from the North Sea and North America with the object of conserving them. 3. Switzerland should take much more vigorous steps to deal with a sudden breakdown of oil supplies by substituting electricity for direct oil burning, and developing electricity generation and transmission, cultivating coal imports, causing local authorities to develop plans for dealing with a sudden failure of energy supplies and industry (e.g. the food refrigeration industry) to plan for energy rationing. 4. Thought should be given to legal and political problems that would be caused by acute energy shortage, and due consideration given to this possibility in judging the need for additional nuclear generation. 5. The eminence of Switzerland in banking and engineering should be fully used to encourage stability and rationality in the pricing of oil and adequate recycling of oil funds to support development in the Third World. (C.J.O.G.)

  9. Oil prices: demand and supply. Lesson plan

    OpenAIRE

    anonymous

    2005-01-01

    Upon completion of this lesson, students will be able to list the determinants of demand and supply, recognize which factors will cause demand curves or supply curves to shift, determine equilibrium using a demand/supply graph, and show the effects on price and quantity when equilibrium changes.

  10. Geopolitics of oil markets

    International Nuclear Information System (INIS)

    Liscom, W.L.

    1991-01-01

    Geopolitics can inject a great deal of uncertainty and cause fundamental shifts in the overall direction of oil markets, which would otherwise act in a fairly predictable and stable manner. The Iraqi invasion of Kuwait and the response of the USA were definitely linked with oil, and the aftermath of the invasion left four geopolitical issues affecting world oil markets. The provision authorizing $1.6 billion in Iraqi oil exports under the United Nations sanctions was imposed with little concern about the potential impact of these exports on the oil market; Iraq could export as much as 1 million bbl/d and it is unlikely that exports would be stopped once the $1.6 billion limit is reached. By making up most of the supply shortfall during the Kuwait crisis, Saudi Arabia suddenly became the producer of over a third of OPEC oil supplies and now dominates OPEC. The Saudis have indicated it will swing production according to world demand, irrespective of what OPEC wants, so that world oil demand will return strongly and remain. Middle East politics in general will determine the stability of oil supplies in the region for many of the countries. A producer-consumer dialogue at the high governmental level has started, with a view to some type of multilateral understanding in the light of mutual interests in secure oil supplies. This is not likely to have a big impact on oil markets without participation and support from the USA. The recent changes in the Soviet Union have potential impacts in regard to the attraction of that market for Western investment, in particular to assist exports. The worldwide environmental movement will also play a geopolitical role in the world oil market due to its influence on oil taxation policies

  11. Off-shore enhanced oil recovery in the north sea: matching CO_2 demand and supply given uncertain market conditions

    Science.gov (United States)

    Compernolle, Tine; Welkenhuysen, Kris; Huisman, Kuno; Piessens, Kris; Kort, Peter

    2015-04-01

    Introduction CO2 enhanced oil recovery (CO2-EOR) entails the injection of CO2 in mature oil fields in order to mobilize the oil. In particular, the injected CO2 reduces the oil's viscosity and acts as a propellant, resulting in an increased oil extraction rate (Leach et al., 2011). Given uncertainty in both oil price and CO2 price under the EU ETS system, aim of this study is to analyze under which economic conditions a CO2 exchange can be established between a CO2 supplier (an electricity producer for whom CO2 is a by-product) and a CO2 user (an offshore oil company that exploits oil fields in the North Sea and needs CO2 for enhanced oil recovery). Methodology A techno-economic simulation tool, PSS IV, was developed to provide investment decision support on integrated CO2-EOR projects (Welkenhuysen et al., 2014). Until now, a fixed onshore supply of CO2 was presumed. An economic optimization model is now developed for both the CO2 producer and the CO2 user. Because net present value and discounted cash flow methods are inadequate to deal with issues like uncertainty and the irreversibility of an investment decision, the real options theory is applied (Dixit and Pindyck, 1994). The way in which cooperation between the companies can take place, will be studied using game theoretical concepts (Lukas and Welling, 2014). Economic and technical data on CO2 capture are available from the PSS database (Piessens et al., 2012). Data on EOR performance, CO2 requirements and various costs are taken from literature (BERR, 2007; Klokk et al., 2010; Pershad et al., 2012). Results/Findings It will be shown what the impact of price uncertainty is on the investment decision of the electricity producer to capture and sell CO2, and on the decision of the oil producer to make the necessary investments to inject CO2 for enhanced oil recovery. Based on these results, it will be determined under which economic conditions a CO2 exchange and transport can take place. Furthermore, also the

  12. The oil and gas industry in 2008

    International Nuclear Information System (INIS)

    2008-01-01

    Illustrated by many graphs and tables, this report presents and comments many data and figures on many aspects of the oil and gas industry in the world and in France: worldwide oil and gas markets, worldwide oil exploration and production, worldwide gas exploration and production and stakes for European supply, exploration and production in France, oil and oil-based industry, hydrocarbon supplies, refining in France, fuel quality, substitution fuels, domestic transport of oil products, gas infrastructures, oil product storage, oil and gas product consumption, hydrocarbon taxing, oil product prices, and oil product distribution

  13. Gulf War tested U.S. oil policies

    International Nuclear Information System (INIS)

    Stuntz, L.G.; Smith, H.H.

    1992-01-01

    Success of the major oil-consuming nations dealing with the Gulf War oil shock should not breed complacency warn the authors. They note that the ability of the US and other major oil importers to eliminate the possibility of significant oil-supply disruptions is limited. Rapid replacement of disrupted supplies through use of excess production capacity was the most important event during the War, they say. However, such excess capacity cannot be counted on in future supply disruptions, they emphasize. Therefore, they conclude the US should: build its Strategic Petroleum Reserve, continue close coordination with its International Energy Agency partners, encourage diversification of world oil supply, develop portions of the Outer Continental Shelf and the Alaskan National Wildlife Refuge, push advanced oil recovery research and development, lower consumption, and increase flexibility in its use of other fuels

  14. Energy Choices. Global Energy Trends and Problems to Supply the Energy Demand; Vaegval Energi. Globala energitrender och problem att tillgodose energibehoven

    Energy Technology Data Exchange (ETDEWEB)

    Radetzki, Marian (Luleaa Univ. of Technology, Luleaa (Sweden))

    2008-09-15

    Although the use of renewable fuels is increasing, oil and other fossil fuels still dominate the global energy supply the next decades, as shown by a review of energy sector development from 1990 to today and projections up to 2030. Nothing indicates that the supplies of oil or any other fossil fuel will be depleted during the coming decades. Resource Nationalism has long characterized the oil market. OPEC has since 1970 successfully controlled the supply and price of oil for its producing member countries. The cartel's grip on the oil market has been strengthened in the 2000s commodity boom, not least as a result of improved production discipline among member countries. At the same time, the long-term trend in the world's great centers of consumption is towards a lower degree of self-sufficiency in energy. The EU dependence on import of oil is expected to rise to over ninety per cent by year 2030. In order to secure a stable energy supply, clear strategies in the oil-importing countries are needed. Tools include diversified import, storage and securing supplies through futures trading on commodity exchanges. Energy policy has long been focused on supply. But the environmental aspects of energy production and use has grown in importance and now the climate issue dominates the energy policy. So far, however, the policy measures to curb the effects of climate change has been both limited and cost-ineffective. The cost to seriously limit emissions of greenhouse gases will be high. To carry out serious climate measures will annually take at least one percent of global GDP, according to an estimate by the British economist Nicholas Stern. This can be compared to the additional cost of approximately five percent of global GDP as energy consumers had to absorb between 2005 and 2008 because of rising prices for fossil fuels

  15. Cost-effectiveness criteria for marine oil spill preventive measures

    International Nuclear Information System (INIS)

    Vanem, Erik; Endresen, Oyvind; Skjong, Rolf

    2008-01-01

    Oil tanker accidents resulting in large quantities of oil spills and severe pollution have occurred in the past, leading to major public attention and an international focus on finding solutions for minimising the risks related to such events. This paper proposes a novel approach for evaluating measures for prevention and control of marine oil spills, based on considerations of oil spill risk and cost effectiveness. A cost model that incorporates all costs of a shipping accident has been established and oil tanker spill accidents have been further elaborated as a special case of such accidents. Utilising this model, novel implementation criteria, in terms of the Cost of Averting a Tonne of oil Spilt (CATS), for risk control options aiming at mitigating the environmental risk of accidental oil spills, are proposed. The paper presents a review of previous studies on the costs associated with oil spills from shipping, which is a function of many factors such as location of spill, spill amount, type of oil, etc. However, ships are designed for global trade, transporting different oil qualities. Therefore, globally applicable criteria must average over most of these factors, and the spill amount is the remaining factor that will be used to measure cost effectiveness against. A weighted, global average cleanup cost of USD 16,000/tonne of oil spilt has been calculated, considering the distribution of oil tanker traffic densities. Finally, the criteria are compared with some existing regulations for oil spill prevention, response and compensation (OPA 90)

  16. The outlook for US oil dependence

    International Nuclear Information System (INIS)

    Greene, D.L.; Jones, D.W.; Leiby, P.N.

    1998-01-01

    Oil dependence is defined as a dynamic problem of short- and long-run market power. The potential monopoly power of an oil cartel depends on its market share and the elasticities of oil supply and demand, while the economic vulnerability of oil-consuming states depends most directly on the quantity of oil imported and the oil cost share of gross domestic product (GDP). Of these factors, only the market share of the Organization of Petroleum Exporting Countries (OPEC) cartel and the rate of growth of world oil demand are clearly different than they were 25 years ago. OPEC still holds the majority of world oil and, in the future, will regain market share. A hypothetical 2-year supply reduction in 2005-2006, similar in size to those of 1973-1974 or 1979-1980, illustrates the potential benefits to OPEC and harm to the US economy of a future oil price shock. OPEC's revenues are estimated to increase by roughly $0.7 trillion, while the US economy loses about $0.5 trillion. Strategic petroleum reserves seem ineffective against a determined, multi-year supply curtailment. Increasing the market's price responsiveness by improving the technologies of oil supply and oil demand can greatly reduce the costs of oil dependence. Each element of this interpretation of the oil dependence problem is well supported by previous studies. This paper's contribution is to unite these elements into a coherent explanation and to point out the enormously important implications for energy policy. (Author)

  17. The new oil politics

    International Nuclear Information System (INIS)

    Rodado Noriega, Carlos

    1999-01-01

    With a varied menu of adjustments, Colombia looks for to improve the range of international competitiveness and to attract the elusive private investment of risk for the future development of the oil sector. Colombia has just given to its oil sector the biggest rolling in the last decades. A series of measures of diverse class looks for to assign to the country a bigger range of competitiveness international and better exploration indicators that it assures in the time the auto supply of hydrocarbons and the export of surpluses

  18. Developing new markets for oil sands products

    International Nuclear Information System (INIS)

    Crandall, G.

    2004-01-01

    This paper presents a review by Purvin and Gertz of western Canadian crude oil supply. This energy consulting firm provides advise to the energy sector. It suggests that oil sands production will surpass declining conventional production. Oil sands supply includes bitumen, synthetic crude oil (SCO), and diluent. It is forecasted that oil sands will increase from 42 per cent of western supply in 2002 to 78 per cent in 2015. The potential of Alberta's oil sands was discussed along with a recent study of refined products and petrochemicals from bitumen. Upgrading, refining and petrochemical case studies were presented. The author examined if a Canadian oil sands upgrading project with high capital costs can be competitive with competing projects in the United States and internationally. In addition to supply and demand issues, the presentation examined infrastructure capability and market potential in the United States. The economic potential and risks of preferred business cases compared to upgrading to SCO were also evaluated. 15 figs

  19. Oil soot measurement system of diesel engine; Diesel engine no oil sutsu sokutei sochi

    Energy Technology Data Exchange (ETDEWEB)

    Mizuno, Y; Moritsugu, M; Kato, N [Nippon Soken, Inc., Tokyo (Japan); Osaki, R [Denso Corp., Aichi (Japan)

    1997-10-01

    For use evaluate diesel engine in laboratory, we have developed a apparatus which can measure soot density in engine oil instantly and accurately. We have achieved accuracy of 0.03 wt% by employing the following; (1) utilize a ligh-reflecting oil soot sensor, (2) regurate the temperature and flow of the in-coming oil to be constant. 4 refs., 12 figs., 2 tabs.

  20. Economic crisis and oil market balances

    International Nuclear Information System (INIS)

    Duquesnoy, S.; Rozenberg, J.; Hourcade, J.Ch.

    2011-01-01

    One might intuitively think that an economic crisis would at least relieve the pressure on oil supply since it slows energy demand. From the model of the oil market DYSMO, we show that an economic crisis may on the contrary increase tension, as it postpones investment in oil supply. (authors)

  1. Experience in the transfer of oil sludge from Kemaman supply base (KSB) Terengganu

    International Nuclear Information System (INIS)

    Bustami Abu; Ibrahim Martibi; Mazlan Mohamad; Nik Marzukee

    2005-01-01

    EPMI and MINT had signed a contract for transferring 2400 drums containing oil sludge waste from Kemaman Supply Base (KSB), Terengganu to MINT, Bangi with a cost of RM 2.5 million. The work was done in two stages; the first stage involved 800 drums and the second stage involved 1600 drums. The preparation and implementation work involved application to obtain approval from the Atomic Energy Licensing Board (AELB) and Department of Environment (DOE) as the transportation has to comply with transport regulations for radioactive and toxic waste, appointing transport company, providing information and briefing to supervisors / workers regarding radiation as well as other safety aspects during transfer of waste. (Author)

  2. Performance measurement of supply chain flexibility using witness

    Directory of Open Access Journals (Sweden)

    Rituraj Chandrakar

    2012-10-01

    Full Text Available In today’s global scenario of intense competition and environmental uncertainty flexibility in supply chain has an important role to play for the existence of any supply chain business. A need to be responsive to the constantly changing market scenario and cater to the customer needs, a certain degree of flexibility is required, which requires the coordination of many plants to produce and deliver goods to customers located in different places, and suppliers, which provide each plant with the required components. This paper intends to measure the degree of flexibility required for a two stage supply chain and assessing both the supplier flexibility and the assembler flexibility. In this paper, nine configurations of the SC are considered resulting from the combination of the three degrees of supplier and manufacturer flexibility, i.e. no flexibility, limited flexibility and total flexibility, respectively. Simulation model representing the different flexibility configurations are evaluated and the performance of each configuration analyzed to determine the flexibility configuration suitable to a supply chain. In particular the performance analysis of lead time, work-in-process, service level and cost are measured to determine the suitable flexibility.

  3. Modeling the Environmental Impacts of Potential Oil Pipeline Leaks in the PÁRAMO Region upon the Water Supply for Quito, Ecuador

    Science.gov (United States)

    Gherasim, J.; Sanjinez Guzman, V.; Emerman, S. H.; Tebbs, K. C.

    2017-12-01

    The Trans-Ecuadorian Pipeline carries crude oil from oilfields in eastern Ecuador to refineries on the Pacific coast, crossing the Páramo region, an alpine tundra ecosystem within the province of Pichincha, which also serves as the water supply for the capital city of Quito. The objective of this study has been to create a model for predicting the likelihood that the effects of a crude oil spill in the Páramo region would impact the water supply of Quito by comparing the residence times of organic compounds in soil with the time required for microbial degradation. A custom MATLAB script included linear partitioning of multiple organic compounds among the water, air, soil and NAPL phases. The three organic compounds considered were anthracene, benzene, and naphthalene. The relevant soil parameters for the Páramo region were obtained from the ISRIC-WISE Harmonized Global Soil Profile Dataset. The soil organic matter content is a critical parameter that was estimated from a very small number of measurements. Residence time half-lives were calculated for depths of penetration of the initial spill ranging from 0.1-5 m. For a depth of penetration of 1 m, residence time half-lives for benzene, naphthalene and anthracene were 1.5, 23.1 and 247.8 years, respectively. Comparing with typical biodegradation half-lives of 10-730 days for benzene, 1-258 days for naphthalene, and 199-252 days for anthracene, it can be seen that penetration to groundwater and transport to the reservoir that supplies water to Quito is unlikely for naphthalene and anthracene, but is a distinct possibility for benzene. Current modeling involves including the effect of volatilization within the soil and improving the estimates of biodegradation rates within an alpine tundra ecosystem. Further results will be reported at the meeting.

  4. Enhanced Oil Recovery: Aqueous Flow Tracer Measurement

    Energy Technology Data Exchange (ETDEWEB)

    Joseph Rovani; John Schabron

    2009-02-01

    A low detection limit analytical method was developed to measure a suite of benzoic acid and fluorinated benzoic acid compounds intended for use as tracers for enhanced oil recovery operations. Although the new high performance liquid chromatography separation successfully measured the tracers in an aqueous matrix at low part per billion levels, the low detection limits could not be achieved in oil field water due to interference problems with the hydrocarbon-saturated water using the system's UV detector. Commercial instrument vendors were contacted in an effort to determine if mass spectrometry could be used as an alternate detection technique. The results of their work demonstrate that low part per billion analysis of the tracer compounds in oil field water could be achieved using ultra performance liquid chromatography mass spectrometry.

  5. Concentration measurements of biodiesel in engine oil and in diesel fuel

    International Nuclear Information System (INIS)

    Mäder, A; Eskiner, M; Burger, C; Rossner, M; Krahl, J; Ruck, W

    2012-01-01

    This work comprised a method for concentration measurements of biodiesel in engine oil as well as biodiesel in diesel fuel by a measurement of the permittivity of the mixture at a frequency range from 100 Hz to 20 kHz. For this purpose a special designed measurement cell with high sensitivity was designed. The results for the concentration measurements of biodiesel in the engine oil and diesel fuel shows linearity to the measurement cell signal for the concentration of biodiesel in the engine oil between 0.5% Vol. to 10% Vol. and for biodiesel in the diesel fuel between 0% Vol. to 100% Vol. The method to measure the concentration of biodiesel in the engine oil or the concentration of biodiesel in the diesel fuel is very accurate and low concentration of about 0.5% Vol. biodiesel in engine oil or in diesel fuel can be measured with high accuracy.

  6. Is oil supply choked by financial market pressures?

    International Nuclear Information System (INIS)

    Osmundsen, P.; Mohn, K.; Misund, B.; Asche, F.

    2007-01-01

    Since the late 1990s, financial analysts have focused strongly on short-term profitability for benchmarking and valuation of international oil and gas companies. The increasing pressure for strict capital discipline among oil and gas companies may have reduced their willingness to invest for future reserves and production growth. The current high oil price is partly due to low exploration activity in the oil industry the last decade. We present and discuss the background for this development - based on previous academic research, industry trends and current valuation practices. An estimated econometric model of stock market valuation among oil and gas companies suggests that analysts and companies have put exaggerate weight on short-term earnings and accounting profitability. We therefore expect that the attention will shift back to long-term reserve and production growth. (author)

  7. Is oil supply choked by financial market pressures?

    International Nuclear Information System (INIS)

    Osmundsen, Petter; Mohn, Klaus; Misund, Bard; Asche, Frank

    2007-01-01

    Since the late 1990s, financial analysts have focused strongly on short-term profitability for benchmarking and valuation of international oil and gas companies. The increasing pressure for strict capital discipline among oil and gas companies may have reduced their willingness to invest for future reserves and production growth. The current high oil price is partly due to low exploration activity in the oil industry the last decade. We present and discuss the background for this development-based on previous academic research, industry trends and current valuation practices. An estimated econometric model of stock market valuation among oil and gas companies suggests that analysts and companies have put exaggerate weight on short-term earnings and accounting profitability. We therefore expect that the attention will shift back to long-term reserve and production growth

  8. Measuring supply chain performance in the agri-food sector

    NARCIS (Netherlands)

    Aramyan, L.H.

    2007-01-01

    Keywords : PMS,agri-food, supply chain, efficiency, flexibility, responsiveness, food quality

    The main objective of this research is to contribute to the development of a Performance Measurement System (PMS) foragri-food supply chains that involves the entire chain (i.e. all

  9. Description of the global petroleum supply and demand outlook

    International Nuclear Information System (INIS)

    Dreyfus, D.A.; Koklauner, A.B.

    1992-12-01

    Strategic planning of the research and development program carried out by Gas Research Institute (GRI) is supported by an annual GRI baseline projection of US energy supply and demand. Because petroleum products compete in a wide variety of energy uses, oil prices serve as a market clearing force for the entire energy system. A significant portion of the US petroleum supply is imported, and the price of crude oil to US refiners is determined by the international oil trade. Any projection of a US energy situation, therefore, requires the evaluation of the global oil market and the impact of oil price changes on the supply/demand balances of market participants. The 1992 edition of the projection, which was completed in August 1991, assumed that, in the aftermath of the war in the Middle East, the fundamentals of the oil trade would reassert their influence. This did indeed occur and with astonishing rapidity

  10. An empirical analysis of the impacts of taxes and royalties on the supply of conventional crude oil in Alberta

    International Nuclear Information System (INIS)

    Amoah, B.

    1998-01-01

    The economic impact of taxes, royalties and government fiscal policy tools on conventional crude oil supply in Alberta was examined. A dynamic economic model of Alberta's conventional petroleum industry was developed and used to evaluate the quantitative impacts of government fiscal policies on exploration and extraction of conventional crude oil in the province. It was determined that taxes and royalties can shorten the life of the industry, reduce activity level, reduce ultimate recovery of conventional crude oil, render more of the established reserves sub-economic and create social welfare loss. It was also revealed that compared to provincial corporate income tax and crown royalties, federal corporate income tax has a larger adverse effect on the performance of the industry in terms of creating higher dead-weight loss and shortening the life of the industry

  11. A key performance measures for evaluating cold supply chain performance in farm industry

    Directory of Open Access Journals (Sweden)

    Shashi Shashi

    2015-08-01

    Full Text Available The main objective of this study was to develop a set of measures, evaluate their importance and effect in cold supply chain performance. This investigation reviewed previous research works on all the stages of the farm product supply chain. Based on farm product supply chain, 4 measures with 31 metrics were identified and developed to measure the cold supply chain performance. A survey was organized to establish the importance and the effect of identified measures. The 5 point Likert scale questionnaire was distributed among SC academics and practitioners. The observed finding infers that the measurement instrument was substantiating for evaluating cold supply chain performance in farm industry. The new developed metrics will help firms improve the visibility of supply among partners and in better decision making. The investigation was enfolded up through the plan of direction intended for future study.

  12. The security of energy supplies in Europe

    International Nuclear Information System (INIS)

    Vuillemin, Francois

    2002-01-01

    As an attempt occurred against a French oil tanker in the Persian Gulf (in 2002), and showed that security of oil supplies is not only related to oil shock or to political environment such as the Cold War, this article discusses issues of security for European energy supplies. It first addresses the situation and the evolution of energy needs and resources in the World and in Europe: predictions of evolution of consumption and production, major role of fossil fuels in the European consumption. It discusses the outage risks: the supply security can be analysed with respect to consumption per sector, per usage or per energy product, and Europe must face three major risks (no more hydrocarbon resources at a reasonable cost, economic risk due to market volatility, geopolitical risk). The next part discusses the perspective of a European strategy. It identifies several elements of choice for Europe in terms of energy demand management, of opening up to competition of electricity and gas markets. It discusses European ambitions in terms of supply security: need of a community framework, actual propositions of a directive for oil and gas

  13. Microwave remote sensing measurements of oil pollution on the ocean

    Science.gov (United States)

    Croswell, W. F.; Blume, H.-J. C.; Johnson, J. W.

    1981-01-01

    Microwave and optical remote sensors were flown over fresh and weathered crude oil released from a surface research vessel and also over a slick formed on the sea by frozen oleyl alcohol cubes released from a helicopter. For the crude oil experiments, microwave radiometric measurements at 1.43, 2.65, 22, and 31 GHz are reported, along with the variable incidence angle scattering measurements at 13.9 GHz. For these experiments, unusual depressions in the L-band brightness temperature were observed, possibly related to dispersants applied to the crude oil. Similar depressions, but with much larger values, were observed over the oleyl alcohol monomolecular slicks. Images obtained at 31 and 22 GHz were used to infer oil volume, yielding values which bound the known amounts spilled. Ku band measurements obtained in repeated passes over crude oil slicks are also discussed.

  14. Automatic Measuring System for Oil Stream Paraffin Deposits Parameters

    Science.gov (United States)

    Kopteva, A. V.; Koptev, V. Yu

    2018-03-01

    This paper describes a new method for monitoring oil pipelines, as well as a highly efficient and automated paraffin deposit monitoring method. When operating oil pipelines, there is an issue of paraffin, resin and salt deposits on the pipeline walls that come with the oil stream. It ultimately results in frequent transportation suspension to clean or even replace pipes and other equipment, thus shortening operation periods between repairs, creating emergency situations and increasing production expenses, badly affecting environment, damaging ecology and spoil underground water, killing animals, birds etc. Oil spills contaminate rivers, lakes, and ground waters. Oil transportation monitoring issues are still subject for further studying. Thus, there is the need to invent a radically new automated process control and management system, together with measurement means intellectualization. The measurement principle is based on the Lambert-Beer law that describes the dependence between the gamma-radiation frequency and the density together with the linear attenuation coefficient for a substance. Using the measuring system with high accuracy (± 0,2%), one can measure the thickness of paraffin deposits with an absolute accuracy of ± 5 mm, which is sufficient to ensure reliable operation of the pipeline system. Safety is a key advantage, when using the proposed control system.

  15. Growing markets to sustain oil sands development

    International Nuclear Information System (INIS)

    Wise, T.H.

    2003-01-01

    The utilization of Alberta bitumen for the clean fuels market depends on upgrading, transportation, and refining processes. Forecasts show that oil sands production, which includes synthetic crude oil (SCO), will surpass declining conventional production in Western Canada. Several issues pose a challenge to the oil sands processing industry. The producers' market is affected by crude oil prices, market expansion options, diluent availability/cost, supply cost competitiveness, and regional processing. The common market issues include light/heavy crude prices, oil sands crude qualities, prices of oil sands crudes, pipeline infrastructure, and competitive supplies. The issues facing the refiners are: refining margins, security of crude supply, refined product quality, and competitive product supply. A brief review of markets for Canadian crude oil, including synthetic crude, was provided. The share of the Midwest market by Alberta must be retained and increased. The market expansion options were reviewed for both downstream (refining) and upstream (upgrading) operations. To reach more distant markets such as Southern Midwest, Washington, and California, new pipeline capacity would be required. The market is nearly saturated for Canada's heavy oil supply. More upgrading will be required as bitumen production increases. Market growth is still possible for Canada's SCO but according to forecasts, the market could also become saturated. To increase demand and allow supplies to grow, SCO prices may fall below light crude prices. It was noted that a balance must be achieved in order for producers to increase production and for refiner/upgraders to expand their conversion capacity. tabs., figs

  16. Supply and demand in the oil industry

    International Nuclear Information System (INIS)

    Favennec, J.P.

    2000-01-01

    The year 1998 was characterised a lower level of demand for energy in general and in articular for oil due to the Asian crisis. Within such a context; efforts at reducing production were not sufficient to prevent prices falling to their lowest levels since the first oil crisis. In 1999, we saw a complete reversal of this trend, with consumption back on a growth path and the new cuts in production agreed by OPEC being firmly implemented. These two factors have led to sustained increases in the price of oil, which, at the end of 1999, reached levels considered very high. Future prices will depend upon the durable nature of economic upturn and above all on continued discipline among the producer nations. (authors)

  17. Implications of Peak Oil for Industrialized Societies

    Science.gov (United States)

    McPherson, Guy R.; Weltzin, Jake F.

    2008-01-01

    The world passed the halfway point of oil supply in 2005. World demand for oil likely will severely outstrip supply in 2008, leading to increasingly higher oil prices. Consequences are likely to include increasing gasoline prices, rapidly increasing inflation, and subsequently a series of increasingly severe recessions followed by a worldwide…

  18. Macroeconomic impacts of oil price shocks in Asian economies

    International Nuclear Information System (INIS)

    Cunado, Juncal; Jo, Soojin; Perez de Gracia, Fernando

    2015-01-01

    This paper analyzes the macroeconomic impact of structural oil shocks in four of the top oil-consuming Asian economies, using a VAR model. We identify three different structural oil shocks via sign restrictions: an oil supply shock, an oil demand shock driven by global economic activity and an oil-specific demand shock. The main results suggest that economic activity and prices respond very differently to oil price shocks depending on their types. In particular, an oil supply shock has a limited impact, while a demand shock driven by global economic activity has a significant positive effect in all four Asian countries examined. Our finding also includes that policy tools such as interest rates and exchange rates help mitigating the effects of supply shocks in Japan and Korea; however, they can be more actively used in response to demands shocks. - Highlights: • We analyze the effects of three structural oil price shocks on Asian economies. • Supply shocks have limited impact on the economic activity of Asian economies examined. • Demand shocks due to economic activity boosts GDP of all economies. • CPIs in India and Indonesia were only marginally affected by oil price shocks. • Monetary and exchange rate tools help mitigating supply shocks in Korea and Japan.

  19. Market opportunities and challenges for oil sands

    International Nuclear Information System (INIS)

    Wise, T.H.

    2004-01-01

    The use of Alberta bitumen as a clean fuel depends on upgrading, transportation, and refining processes. Forecasts show that oil sands production, which includes synthetic crude oil (SCO), will surpass declining conventional production from the Western Canada Sedimentary Basin. The challenges facing the oils sands processing industry include: crude oil prices which affect the producer's market; market expansion options; diluent availability/cost; supply cost competitiveness; and, regional processing. The common market issues include light/heavy crude prices, oil sands crude qualities, prices of oil sands crudes, pipeline infrastructure, and competitive supplies. The issues facing the refiners are: refining margins, security of crude supply, refined product quality, and competitive product supply. It was noted that Alberta must retain or increase its share of the Midwest market. The market expansion options were reviewed for both downstream (refining) and upstream (upgrading) operations. New pipeline capacity is needed to reach more distant markets such as Southern Midwest, Washington, and California. The market is nearly saturated for Canada's heavy oil supply. More upgrading will be required as bitumen production increases. Market growth is still possible for Canada's SCO but according to forecasts, the market could also become saturated. To increase demand and allow supplies to grow, SCO prices may fall below light crude prices. It was noted that a balance must be achieved in order for producers to increase production and for refiner/upgraders to expand their conversion capacity. 13 figs

  20. Peak globalization. Climate change, oil depletion and global trade

    Energy Technology Data Exchange (ETDEWEB)

    Curtis, Fred [Department of Economics, Drew University, Madison, NJ 07940 (United States)

    2009-12-15

    The global trade in goods depends upon reliable, inexpensive transportation of freight along complex and long-distance supply chains. Global warming and peak oil undermine globalization by their effects on both transportation costs and the reliable movement of freight. Countering the current geographic pattern of comparative advantage with higher transportation costs, climate change and peak oil will thus result in peak globalization, after which the volume of exports will decline as measured by ton-miles of freight. Policies designed to mitigate climate change and peak oil are very unlikely to change this result due to their late implementation, contradictory effects and insufficient magnitude. The implication is that supply chains will become shorter for most products and that production of goods will be located closer to where they are consumed. (author)

  1. Peak globalization. Climate change, oil depletion and global trade

    International Nuclear Information System (INIS)

    Curtis, Fred

    2009-01-01

    The global trade in goods depends upon reliable, inexpensive transportation of freight along complex and long-distance supply chains. Global warming and peak oil undermine globalization by their effects on both transportation costs and the reliable movement of freight. Countering the current geographic pattern of comparative advantage with higher transportation costs, climate change and peak oil will thus result in peak globalization, after which the volume of exports will decline as measured by ton-miles of freight. Policies designed to mitigate climate change and peak oil are very unlikely to change this result due to their late implementation, contradictory effects and insufficient magnitude. The implication is that supply chains will become shorter for most products and that production of goods will be located closer to where they are consumed. (author)

  2. Contribution of components of Green Supply Chain Execution-Supply Loops in Green Supply Chain Performance measurement-A Pilot Empirical Study of the Indian Automobile Manufacturing Sector

    OpenAIRE

    Mohd. Asif Gandhi

    2017-01-01

    This paper is one of the several extensions of the research works done by [5]. Green Supply Chain Practices have been known to have an impact on Green Supply Chain Performance [5].This paper tests empirically through a pilot study of the Indian Automobile Manufacturing Sector, the contribution of the three variables constituting the construct Green Supply Chain Execution-Supply Loops in Green Supply Chain Performance measurement. Also the paper establishes the reliability of the questionnaire...

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

    International Nuclear Information System (INIS)

    Apergis, Nicholas; Miller, Stephen M.

    2009-01-01

    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)

  4. Oil supply and demand

    International Nuclear Information System (INIS)

    Mourez, B.; Favennec, J.P.

    1999-01-01

    During 1998, the price of oil continued to fall. In the autumn of 1997, the barrel of Brent was worth about $20 but then its price dropped to $10 during the last months of 1998. Early in 1997, market-watchers began to think that a downturn was possible, but it occurred on a scale that caught operators by surprise. It is always difficult to predict short- and medium-term prices or, in this case, to determine whether current prices, generally considered to be low, are here to stay

  5. European Union and oil

    International Nuclear Information System (INIS)

    Paillard, Christophe Alexandre

    2004-01-01

    In a context of oil price increase, problems about a Russian oil company (Loukos), and uncertainties in the Middle-East, the possibility of a new oil shock is a threat for Europe, and raises the issue of a true European energy policy which would encompass, not only grid development, environmental issues or market regulation issues, but also strategic issues related to energy supply security. This article proposes an overview of the European policy: first steps for a future European energy and oil policy in the green paper of the European Commission published in November 2000, issues of pollution and safety for hydrocarbon maritime transport. The article then examines the possibility of a third oil shock due to a crisis in the Middle East, and discusses whether European must have strategic stocks to face an outage of oil supplies

  6. A methodology for handling exploration risk and constructing supply curves for oil and gas plays when resources are stacked

    International Nuclear Information System (INIS)

    Dallaire, S.M.

    1994-01-01

    The use of project economics to estimate full-cycle supply prices for undiscovered oil and gas resources is a straightforward exercise for those regions where oil and gas plays are not vertically superimposed on one another, ie. are not stacked. Exploration risk is incorporated into such an analysis by using a simple two-outcome decision tree model to include the costs of dry and abandoned wells. The decision tree model can be expanded to include multiple targets or discoveries, but this expansion requires additional drilling statistics and resource assessment data. A methodology is suggested to include exploration risk in the preparation of supply curves when stacked resources are expected and little or no information on uphole resources is available. In this method, all exploration costs for wells drilled to targets in the play being evaluated are assigned to that play, rather than prorated among the multiple targets or discoveries. Undiscovered pools are assumed to either bear all exploration costs (full cycle discoveries) or no exploration costs (half cycle discoveries). The weighted full- and half-cycle supply price is shown to be a more realistic estimate of the supply price of undiscovered pools in a play when stacked resources exist. The statistics required for this methodology are minimal, and resource estimates for prospects in other zones are not required. The equation relating the average pool finding cost to the discovery record is applicable to different scenarios regarding the presence of shallower and deeper resources. The equation derived for the two-outcome decision tree model is shown to be a special case of the general expression. 5 refs., 7 figs

  7. Oil price stability and free markets

    International Nuclear Information System (INIS)

    Yamani, A.Z.

    1992-01-01

    The oil industry, like any capital-intensive industry with long supply lead times, is prone to price instability. Free markets in oil reflect this inherent instability, for prices are efficient signallers of imbalances between supply and demand. Free markets are desirable in principle, but entirely free oil markets are unstable. Volatile oil prices are undesirable. This article advocates trading some market freedom for more price stability, since such a trade off will be beneficial to the world as a whole. (author)

  8. Country profiles: Lithuania [Analysis of energy supply options and security of energy supply in the Baltic States

    International Nuclear Information System (INIS)

    2007-01-01

    Lithuania is a very dependent country in terms of energy resources. In 2000 only about 13.8% of the primary energy requirement was covered by domestic resources. The remaining primary fuel requirement is imported from neighbouring countries, mainly from Russia - all crude oil, natural gas and nuclear fuel are imported from this country. There is a concern about the political and economic consequences of this dependence. There is a good interconnection with neighbouring countries for both electrical grid and gas pipelines. The supply of crude oil is also available via pipeline from Russia and two existing oil terminals from other countries, including orimulsion from Venezuela. Coal can be supplied by railway from both Russia and Poland

  9. Supply, storage and handling of elemental sulfur derived from sour gas

    International Nuclear Information System (INIS)

    Clark, P.D.; Davis, P.M.; Dowling, N.I.; Calgary Univ., AB

    2003-01-01

    This presentation reviews the supply picture for solid elemental sulfur. It also assesses methods for its storage as well as the disposal of the precursor hydrogen sulfide (H 2 S) by acid gas injection. Both above and below ground block storage is considered environmentally acceptable for sulfur storage as long as measures are taken to minimize the physical and biological breakdown of the sulfur. The preferred option is to store solid elemental sulfur underground, particularly if it is to remain in storage for a prolonged period. Future changes in supply of sulfur will likely be controlled by incremental production of sour gas and utilization of oil sands bitumen. It is expected that future sulfur production from conventional crude oil will remain static or will slowly decrease. The degree to which acid gas injection is applied to large sour gas developments in the Middle East and the Caspian regions will have a significant impact on world sulfur supply. 9 refs., 1 tab., 5 figs

  10. Performance measurement in agri-food supply chains: a case study

    NARCIS (Netherlands)

    Aramyan, L.H.; Oude Lansink, A.G.J.M.; Vorst, van der J.G.A.J.; Kooten, van O.

    2007-01-01

    Purpose - Measurement of the performance of entire supply chains is an important issue because it allows for "tracking and tracing" of efficacy and efficiency failures and leads to more informed decision making with regard to chain design. However, the choice of appropriate supply chain performance

  11. 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.

  12. World oil market simulation

    International Nuclear Information System (INIS)

    Baldwin, N.

    1992-01-01

    This paper presents a recursive simulation model of the world oil market - the World Oil Market Simulation Model (WOMS). The objective was to construct a computationally simple model which provides a transparent view of the workings of the oil market. In the event WOMS has a number of features which distinguish it from other published models: the effect of exchange rate movements is incorporated in the supply and demand functions; both demand and supply functions are dynamic; the non-OPEC supply functions account for the geological as well as the economic aspects of supply; oil prices can be determined either by OPEC setting prices (as normally included in this type of model) or by OPEC setting volumes and market forces determining the price; and consistency checks on consumers' and producers' behaviour are incorporated to confirm the plausibility of model projections. The paper commences with an outline of the model structure followed by an examination of the choice of the appropriate data. The main sections of the paper discuss the estimation of the demand and non-OPEC supply functions. Finally the modelling of OPEC's behaviour is addressed. Comparisons are made throughout with other published work. As the model was estimated using data covering 1960 to 1985, brief comments are also made comparing the events of 1986 with model determined values. (author)

  13. Development and supply of the world energy requirement

    International Nuclear Information System (INIS)

    Schulz, E.

    1981-01-01

    Recently published research reveals that the world energy requirement can and must grow more slowly than previously anticipated. In order to supply developing nations with the energy necessary for the expansion of their economies, energy saving and oil substitution assume greater significance in the industrialised countries such as the Federal Republic. Future fulfillment of the world energy requirement will be characterised by escalating costs for supply, especially for the current main energy carrier oil, on the one hand and by increased use of coal and nuclear energy as well unconventional fossils such as regenerative energies on the other. Nuclear energy and thus the electricity economy must play a key function in the future energy supply of industrial nations such as Federal Germany. Nuclear energy enables, both directly and indirectly, the substitution of oil in the heat market, supplies the process heat required for coal production and, due to the ease of storage or uranium, provides a hedge against fluctuations on the world energy market. (orig.) [de

  14. The oil industry in 2007

    International Nuclear Information System (INIS)

    2008-01-01

    The various contributions present and comment many data about the evolutions of different parts of the oil industry until 2007: world oil and gas markets, worldwide oil exploration and production, oil exploration and production in France, oil and oil-related industry in France, hydrocarbon supplies, oil refining in France, fuel quality, substitution fuels, inner transportation of oil products, storage of oil products, consumption of oil products, taxing of oils products, price of oil products, distribution of oil products

  15. The oil industry in 2006

    International Nuclear Information System (INIS)

    2007-01-01

    The various contributions present and comment many data about the evolutions of different parts of the oil industry until 2006: world oil and gas markets, worldwide oil exploration and production, oil exploration and production in France, oil and oil-related industry in France, hydrocarbon supplies, oil refining in France, fuel quality, substitution fuels, inner transportation of oil products, storage of oil products, consumption of oil products, taxing of oils products, price of oil products, distribution of oil products

  16. The nature of oil shocks and the global economy

    International Nuclear Information System (INIS)

    Archanskaïa, Elizaveta; Creel, Jérôme; Hubert, Paul

    2012-01-01

    This paper identifies the main driving force behind oil price shocks in 1970–2006 by applying a simple identification strategy of supply-driven and demand-driven price shocks. The identification hypothesis states that supply-driven oil price shocks have a negative impact on the macroeconomic activity of countries, which are net consumers of oil while demand-driven oil price shocks do not have negative effects. In order to identify global demand-driven shocks, a weighted aggregate GDP series of countries, which are net consumers of oil, is constructed over 1970–2006. The key result is that the main driving force behind oil price shocks has changed from supply-driven shocks in 1970–1992 to demand-driven shocks in 1992–2006. - Highlights: ► We characterize the oil–macroeconomy relationship at the global level. ► We identify oil supply and oil demand shocks drawing on a AS/AS model. ► We construct an indicator of global activity for countries net consumers of oil. ► We use Qu-Perron break tests, TVP, Cyclical correlations and VARs. ► We show that the main driving force behind oil price shocks has changed around 1992.

  17. Multiple energy supply risks, optimal reserves, and optimal domestic production capacities

    International Nuclear Information System (INIS)

    Zweifel, P.; Ferrari, M.

    1992-01-01

    This study starts from the observation that today's Western trading nations are exposed to multiple risks of energy supplies, e.g. simultaneous shortage of oil and electricity supplies. To cope with these risks, oil can be stockpiled as well as domestic capacity for power production built up. Adopting the viewpoint of a policy maker who aims at minimizing the expected cost of security of supply, optimal simultaneous adjustments of oil stocks and electric production capacities to exogenous changes such as economic growth are derived. Against this benchmark, one-dimensional rules such as 'oil reserves for 90 days' turn out to be not only suboptimal but also to foster adjustments that exacerbate suboptimality. 9 refs., 1 tabs

  18. 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.

  19. Logistics and supply chain effectiveness measure areas in lng companies

    Directory of Open Access Journals (Sweden)

    2010-09-01

    Full Text Available The article describes the issues of logistics and supply chain measures in companies. It considers different management systems in the area of production, which evolved from isolated production activities to business connected systems. There are performed three case studies - three examples of systems proposed and implemented in the LNG industry: I-MAC, ICIMS and PMS. Data gained from these systems are the basis to create effectiveness measures for LNG companies and LNG supply chains.

  20. OPEC oil production and market fundamentals: a causality relationship

    International Nuclear Information System (INIS)

    Dahmani, A.; Al-Osaimy, M.H.

    2001-01-01

    This paper first establishes a statistical measurement for OPEC Member Countries' compliance levels with their respective quotas and then examines the correlations and the casual relationships between compliance levels and oil market fundamentals. The compliance level is measured by the deviation of the production level from the respective quota for OPEC Member Countries, and this is based on the Euclidean distance formula, while oil market fundamentals are represented by OECD oil demand and stock levels, and the OPEC Basket price and oil supply. Monthly data from January 1996 to June 2000 was used and two sub-periods considered, where the first sub-period was characterized by a low level of compliance and the second by a high level. The analytical results of correlations and causality showed different directions of relationships between compliance levels and oil market fundamentals. (author)

  1. MEASUREMENT FOR ACCEPTANCE OF SUPPLY CHAIN SIMULATOR APPLICATION USING TECHNOLOGY ACCEPTANCE MODEL

    Directory of Open Access Journals (Sweden)

    Mulyati E.

    2018-03-01

    Full Text Available The aim of this research for was to measure the user acceptance of simulator application which was built as a tool for student in learning of supply chain, particularly in bullwhip effect problem. The measurements used for the acceptance of supply chain simulator application in this research was the Technology Acceptance Model from 162 samples which were analyzed with Confirmatory Factor Analysis and Structural Equation Modelling. The result of this research indicated that the user acceptance (shown by customer participation of supply chain simulator was directly influence by perceived usefulness of supply chain simulator application used (positive and significant; the user acceptance of supply chain simulator was indirectly influenced by perceived ease of use in using supply chain simulator application (positive but not significant; the user acceptance of supply chain simulator was indirectly influenced by perceived enjoyment when the supply chain simulator application was used. The research would give a better understanding about a bullwhip effect and better experience for students, which would not be obtained through conventional learning, when the tools were not used.

  2. The oil supply mountain - is the summit in sight?

    International Nuclear Information System (INIS)

    Barnes, Philip.

    1993-01-01

    A brief review of the current status of global oil reserves and the prospects of recovering this oil at prices less than $30 a barrel is presented. In addition to the uncertainties over the volumes of recoverable oil at various costs, there are many uncertainties not least geopolitical ones. (UK)

  3. Quantitative effects of the shale oil revolution

    International Nuclear Information System (INIS)

    Belu Mănescu, Cristiana; Nuño, Galo

    2015-01-01

    The aim of this paper is to analyze the impact of the so-called “shale oil revolution” on oil prices and economic growth. We employ a general equilibrium model of the world oil market in which Saudi Arabia is the dominant firm, with the rest of the producers as a competitive fringe. Our results suggest that most of the expected increase in US oil supply due to the shale oil revolution has already been incorporated into prices and that it will produce an additional increase of 0.2% in the GDP of oil importers in the period 2010–2018. We also employ the model to analyze the collapse in oil prices in the second half of 2014 and conclude that it was mainly due to positive unanticipated supply shocks. - Highlights: • We analyze the impact of the “shale oil revolution” on oil prices and economic growth. • We employ a general equilibrium model of the oil market in which Saudi Arabia is the dominant firm. • We find that most of the shale oil revolution is already priced in. • We also analyze the decline in oil prices in the second half of 2014. • We find that unanticipated supply shocks played the major role in the fall.

  4. 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.

  5. Vital signs: oil supplies improving but natural gas tight enough to keep prices high

    International Nuclear Information System (INIS)

    Lunan, D.

    2000-01-01

    Canada's 1999 year-end oil reserves were boosted by 2.1 million barrels by the launch of new oil sands mining projects near Fort McMurray and revisions in two existing operations, offsetting a decline of 3.7 per cent in remaining conventional reserves. Total oil reserves at year end stood at some 11.9 billion barrels, up from 9.8 billion barrels a year earlier. Conventional crude reserves dropped to 4.37 billion barrels. Despite the decline, the Canadian Association of Petroleum Producers (CAPP) were encouraged by a 70 per cent replacement rate, on production of 441 million barrels of oil, despite low activity resulting from soft prices in early part of 1999. Production from offshore Newfoundland sites amounted to 38.6 million barrels; remaining reserves in the Hibernia and Terra Nova field are estimated at 868 million barrels. Meanwhile, natural gas reserves slipped by about a trillion cubic feet to about 61 trillion cubic feet, reflecting an 83 per cent replacement rate which, however, represented an improvement from 76 per cent in 1998. Reserves replacement in 2000 is expected to improve over 1999 due to improved prices resulting in increased activity in 2000 which is expected to continue into 2001. Despite improvements in replacement, consumers have much to worry about as far as further consumer price increases are concerned. The situation can be traced back to the summer 2000 storage injection period when supplies normally stored for use in the winter were sold instead, to take advantage of high prices. The injection for storage was reduced due largely to continued strong demand from the US electric power generating sector. This situation will continue, barring a dramatic softening of the US economy

  6. Mining and oil. Oil shale's contribution to future oil supply; Bergbau und Oel. Der Beitrag des Oelschiefers zur Oelversorgung

    Energy Technology Data Exchange (ETDEWEB)

    Linden, Eike von der [Linden Advisory, Dreieich (Germany)

    2012-05-15

    Crude oil contributes in Germany and globally approximately one third to the consumption of primary energies and actually is and in the foreseeable future will be the most important energy source. Recently shale oil as an unconventional oil has gained attention in public discussions. Depending on temperatures oil shale contains either already matured fluid shale oil or immature waxy kerogen. For determination of kerogen containing oil shale and shale oil common definitions for fluid hydrocarbons will be presented. Fluid hydrocarbons (molecular chains > C{sub 5}H{sub 12}) originate from animal substance which had been settled millions of years in sediments on sea- or lakebeds under anaerobic conditions. High pressure and high temperatures effect conversion to hydrocarbons. With sufficient permeability the liquid hydrocarbons migrate from the sediment as the source rock and get assembled in porous rocks under the cover of an impermeable rock strata, in so called entrapment structures. In case there is no impermeable rock strate the hydrocarbons will diffuse into the atmosphere. The hydrocarbons in entrapment structures are called conventional oil and are extracted by drilling wells. The extractable oil as part of the oil in place depends on the viscosity of the oil, the permeability of the host rock and applied exploitation methods which can affect pressure, viscosity and permeability. The exploitation achieves 30 to 50% of the oil in place. When the source rock consisting of strata hundreds of meters thick is not sufficiently permeable the matured hydrocarbons remain at its place of origination. These hydrocarbons are called shale oil and belong to the unconventional oil resources. For exploitation of shale oil by wells the source rock must be treated by intensive energy input, amongst others, by fracking which creates artificial permeability and by pressure which affects migration of the hydrocarbons to the well. The exploitation methods for shale oil do not

  7. Oil market outlook

    International Nuclear Information System (INIS)

    Starling, Philip

    1997-01-01

    The role of the International Energy Agency's (IEA) ''OiMarket Report'' is described in terms of its response to and support for oil companies seeking to monitor short-term global oil market developments. The document is increasingly used for reference both by industry and governments. Data is compiled from oil companies, consultants, and government, and OECD countries provide supply/demand oil balance data by product grade on a monthly basic. (UK)

  8. Influence of Vegetable Oil-Based Controlled Cutting Fluid Impinging Supply System on Micro Hardness in Machining of Ti-6Al-4V

    OpenAIRE

    Salah Gariani; Islam Shyha; Fawad Inam; Dehong Huo

    2017-01-01

    A controlled cutting fluid impinging supply system (CUT-LIST) was developed to deliver an accurate amount of cutting fluid into the machining zone via well-positioned coherent nozzles based on a calculation of the heat generated. The performance of the CUT-LIST was evaluated against a conventional flood cutting fluid supply system during step shoulder milling of Ti-6Al-4V using vegetable oil-based cutting fluid. In this paper, the micro-hardness of the machined surface was used as the main cr...

  9. An omitted variable in OECD oil supply forecasting

    International Nuclear Information System (INIS)

    Lynch, M.C.

    1990-01-01

    An earlier paper argued that, based on analysis of existing fields, non-OPEC production seems destined to begin declining soon. However, the author's rate of change for fields in production is about -10%/yr., and if it were adjusted based on this paper's findings, an actual increase in non-OPEC production would be observed. More work is needed to estimate coefficients for production from existing fields, incorporating 1) age of field (which would help indicate technology in place from inception) 2) viscosity of the deposit, 3) porosity of rock, 4) size of production, 5) measured remaining reserves, and 6) price paid at the wellhead. This would obviously be a formidable task. There does appear to be a persistent bias in forecasting competitive supply at the macro level, and the results here seem to suggest that at the micro level, it is due to the omission of additional investment in existing fields. This may help to explain why forecasts of non-OPEC supply have been consistently too pessimistic for at least the past decade, and implies that current forecasts of stronger markets may continue this error

  10. Rebound and disinvestment effects in refined oil consumption and supply resulting from an increase in energy efficiency in the Scottish commercial transport sector

    International Nuclear Information System (INIS)

    Anson, Sam; Turner, Karen

    2009-01-01

    In this paper, we use an energy-economy-environment computable general equilibrium (CGE) model of the Scottish economy to examine the impacts of an exogenous increase in energy augmenting technological progress in the domestic commercial Transport sector on the supply and use of energy. We focus our analysis on Scottish refined oil, as the main type of energy input used in commercial transport activity. We find that a 5% increase in energy efficiency in the commercial Transport sector leads to rebound effects in the use of oil-based energy commodities in all time periods, in the target sector and at the economy-wide level. However, our results also suggest that such an efficiency improvement may cause a contraction in capacity in the Scottish refined oil supply sector. This 'disinvestment effect' acts as a constraint on the size of rebound effects. However, the magnitude of rebound effects and presence of the disinvestment effect in the simulations conducted here are sensitive to the specification of key elasticities of substitution in the nested production function for the target sector, particularly the substitutability of energy for non-energy intermediate inputs to production.

  11. Rebound and disinvestment effects in refined oil consumption and supply resulting from an increase in energy efficiency in the Scottish commercial transport sector

    Energy Technology Data Exchange (ETDEWEB)

    Anson, Sam [Transport Analytical Services, Scottish Government, Victoria Quay, Edinburgh, EH6 6QQ (United Kingdom); Turner, Karen [Department of Economics, University of Strathclyde, Sir William Duncan Building, 130 Rottenrow, Glasgow G4 0GE (United Kingdom)

    2009-09-15

    In this paper, we use an energy-economy-environment computable general equilibrium (CGE) model of the Scottish economy to examine the impacts of an exogenous increase in energy augmenting technological progress in the domestic commercial Transport sector on the supply and use of energy. We focus our analysis on Scottish refined oil, as the main type of energy input used in commercial transport activity. We find that a 5% increase in energy efficiency in the commercial Transport sector leads to rebound effects in the use of oil-based energy commodities in all time periods, in the target sector and at the economy-wide level. However, our results also suggest that such an efficiency improvement may cause a contraction in capacity in the Scottish refined oil supply sector. This 'disinvestment effect' acts as a constraint on the size of rebound effects. However, the magnitude of rebound effects and presence of the disinvestment effect in the simulations conducted here are sensitive to the specification of key elasticities of substitution in the nested production function for the target sector, particularly the substitutability of energy for non-energy intermediate inputs to production. (author)

  12. On incentives for assurance of petroleum supply

    International Nuclear Information System (INIS)

    Osmundsen, Petter; Aven, Terje; Tomasgard, Asgeir

    2010-01-01

    Assurance of supply is a crucial objective for producers and consumers of oil and gas. A basic requirement to meet this objective is that producers and transmitters have sufficient economic incentives and capabilities to assure a desired degree of supply. The topic of this paper is to evaluate these incentives from a broad perspective. We examine economic trade-offs inherent in a delay of production, including reputational issues, as well as contract incentives for gas sellers, drilling companies, and oil service companies.

  13. Value of NMR logging for heavy oil characterization

    Energy Technology Data Exchange (ETDEWEB)

    Chen, S.; Chen, J.; Georgi, D. [Baker Hughes, Calgary, AB (Canada); Sun, B. [Chevron Energy Technology Co., Calgary, AB (Canada)

    2008-07-01

    Non-conventional, heavy oil fields are becoming increasingly important to the security of energy supplies and are becoming economically profitable to produce. Heavy oil reservoirs are difficult to evaluate since they are typically shallow and the connate waters are very fresh. Other heavy oil reservoirs are oil-wet where the resistivities are not indicative of saturation. Nuclear magnetic resonance (NMR) detects molecular level interactions. As such, it responds distinctively to different hydrocarbon molecules, thereby opening a new avenue for constituent analysis. This feature makes NMR a more powerful technique than bulk oil density or viscosity measurements for characterizing oils, and is the basis for detecting gas in heavy oil fields. NMR logging, which measures fluid in pore space directly, is capable of separating oil from water. It is possible to discern movable from bound water by analyzing NMR logs. The oil viscosity can be also quantified from NMR logs, NMR relaxation time and diffusivity estimates. The unique challenges for heavy oil reservoir characterization for the NMR technique were discussed with reference to the extra-fast decay of the NMR signal in response to extra-heavy oil/tars, and the lack of sensitivity in measuring very slow diffusion of heavy oil molecules. This paper presented various methods for analyzing heavy oil reservoirs in different viscosity ranges. Heavy oil fields in Venezuela, Kazakhstan, Canada, Alaska and the Middle East were analyzed using different data interpretation approaches based on the reservoir formation characteristics and the heavy oil type. NMR direct fluid typing was adequate for clean sands and carbonate reservoirs while integrated approaches were used to interpret extra heavy oils and tars. It was concluded that NMR logs can provide quantitative measures for heavy oil saturation, identify sweet spots or tar streaks, and quantify heavy oil viscosity within reasonable accuracy. 14 refs., 16 figs.

  14. Effects of oxygen supply on the biodegradation rate in oil hydrocarbons contaminated soil

    Energy Technology Data Exchange (ETDEWEB)

    Zawierucha, I [Institute of Chemistry and Environment Protection, Jan Dlugosz University of Czestochowa, Waszyngtona 4/8, 42-200 Czestochowa (Poland); Malina, G, E-mail: iwona_zawierucha@o2.pl [Faculty of Hydrogeology and Geology Engineering, Department of Geology, Geophysics and Environment Protection, AGH University of Science and Technology, Mickiewicza 30, 30-059 Cracow (Poland)

    2011-04-01

    Respirometry studies using the 10-chamber Micro-Oxymax respirometer (Columbus, Ohio) were conducted to determine the effect of biostimulation (by diverse ways of O{sub 2} supply) on enhancing biodegradation in soils contaminated with oil hydrocarbons. Soil was collected from a former military airport in Kluczewo, Poland. Oxygen was supplied by means of aerated water, aqueous solutions of H{sub 2}O{sub 2} and KMnO{sub 4}. The biodegradation was evaluated on the basis of O{sub 2} uptake and CO{sub 2} production. The O{sub 2} consumption and CO{sub 2} production rates during hydrocarbons biodegradation were estimated from the slopes of cumulative curve linear regressions. The pertinent intrinsic and enhanced biodegradation rates were calculated on the basis of mass balance equation and O{sub 2} uptake and CO{sub 2} production rates. The biodegradation rates of 5-7 times higher as compared to a control were observed when the aqueous solution of KMnO{sub 4} in concentration of 20 g L{sup -1} was applied. Permanganate is known to readily oxidize alkene carbon - carbon double bonds; so it can be successfully applied in remediation technology for soils contaminated with oil hydrocarbons. While hydrocarbons are not completely mineralized by permanganate oxidation reactions, their structure is altered by polar functional groups providing vast improvements in aqueous solubility and availability for biodegradation. The 3% aqueous solution of H{sub 2}O{sub 2} caused significant improvement of the biodegradation rates as compared to a control (on average about 260%). Aerobic biodegradation of hydrocarbons can benefit from the presence of oxygen released during H{sub 2}O{sub 2} decomposition. Adding of aerated water resulted in an increase of biodegradation rates (about 114 - 229%) as compared to a control. The aerated water can both be the source of oxygen for microorganisms and determine the transport of substrate to bacteria cells.

  15. Measurement of molecular diffusion coefficients of carbon dioxide and methane in heavy oil

    Energy Technology Data Exchange (ETDEWEB)

    Gu, Y.; Tharanivasan, A.K.; Yang, C. [Regina Univ., SK (Canada)

    2004-07-01

    Vapour extraction (VAPEX) is a solvent-based thermal recovery process which is considered to be a viable process for recovering heavy oil. In order to develop a solvent-based enhanced oil recovery (EOR) operation, it is necessary to know the rate and extent of oil mobilization by the solvent. The molecular diffusion coefficient of solvent gas in heavy oil must be known. In this study, the pressure decay method was used to measure the molecular diffusivity of a gas solvent in heavy oil by monitoring the decaying pressure. The pressure decay method is a non-intrusive method in which physical contact is made between the gas solvent and the heavy oil. The pressure versus time data are measured until the heavy oil reaches complete saturation. The diffusion coefficient can be determined from the measured data and a mathematical model. In this study, the molecular diffusion coefficients of carbon dioxide-heavy oil and methane-heavy oil systems were measured and compared. The experiments were performed in closed high-pressure cells at constant reservoir temperature. An analytical solution was also obtained to predict the pressure in the gas phase and for the boundary conditions at the solvent-heavy oil interface for each solvent. Solvent diffusivity was determined by finding the best match of the numerically predicted and experimentally measured pressures.

  16. Description of the global petroleum supply and demand outlook updated for the 1993 edition of the GRI baseline projection of US energy supply and demand, December 1992

    International Nuclear Information System (INIS)

    Dreyfus, D.A.; Koklauner, A.B.

    1992-12-01

    Strategic planning of the research and development program carried out by Gas Research Institute (GRI) is supported by an annual GRI baseline projection of U.S. energy supply and demand. Because petroleum products compete in a wide variety of energy uses, oil prices serve as a market clearing force for the entire energy system. A significant portion of the U.S. petroleum supply is imported, and the price of crude oil to U.S. refiners is determined by the international oil trade. Any projection of the U.S. energy situation, therefore, requires the evaluation of the global oil market and the impact of oil price changes on the supply/demand balances of market participants. The 1992 edition of the projection completed in August 1991 assumed that in the aftermath of the war in the Middle East the fundamentals of oil trade would reassert their influence. This did indeed occur and with astonishing speed. In the face of this outlook, GRI has revised its 1993 oil price track downward

  17. NOAA Mobile Laboratory Measures Oil and Gas Emissions

    Science.gov (United States)

    Kofler, J. D.; Petron, G.; Dube, W. P.; Edwards, P. M.; Brown, S. S.; Geiger, F.; Patrick, L.; Crepinsek, S.; Chen, H.; Miller, B. R.; Montzka, S. A.; Lang, P. M.; Newberger, T.; Higgs, J. A.; Sweeney, C.; Guenther, D.; Karion, A.; Wolter, S.; Williams, J.; Jordan, A.; Tans, P. P.; Schnell, R. C.

    2012-12-01

    A van capable of continuous real time measurements of CH4 , CO2, CO, Water Vapor, Ozone, NO, NO2, Volatile Organic Compounds VOCs including aromatics and other traces gases was driven in the oil and gas fields of the Uintah Basin in northeastern Utah. Compressor Stations, processing plants, oil and gas well heads. Separators, condensate tanks, evaporation pond disposal facilities, holding tanks, hydraulic fracturing sites, gas pipelines and more were studied using the van. The mobile measurements provide a powerful tool to get to the source of the emissions and reveal the unique chemical signature of each of the stages and components of oil and gas production as well as the overall basin and background gas concentrations. In addition to a suite of gas analyzers, the van includes a meteorological system (temperature, humidity, and wind speed and direction), GPS tracking, flask sampling system and a batter power system. Aspects of the vans hardware, sampling methods and operations are discussed along with a few highlights of the measurements.

  18. Developing measures for the evaluation of information flow efficiency in supply chains

    OpenAIRE

    Johanna A. Badenhorst; Claus Maurer; Tersia Brevis-Landsberg

    2013-01-01

    Member organisations in a supply chain are dependent on each other to provide material, services and information to perform optimally in the supply chain. Efficient, unrestricted information flow is needed in supply chains to function properly. Information flow is thus an element of supply chain management that needs to be managed. Yet, no indication could be found in supply chain management literature of the measurement of information flow efficiency. Hence, the aim of this article is to exp...

  19. Oil and gas. Gas supply under pressure

    International Nuclear Information System (INIS)

    Forbes, A.

    2008-01-01

    The latest review of natural gas markets from the International Energy Agency (IEA) paints a picture of growing demand in the face of rising prices, a strengthening link between gas and electricity markets, and a globalising influence from increasingly flexible LNG supplies. But there are growing signs that security of supply is under threat from underinvestment, delays and cost escalation

  20. The oil market. Call on OPEC determines the oil price

    International Nuclear Information System (INIS)

    Kingma, D.; Mulder, M.

    2001-01-01

    Several scenarios are applied to determine the oil price for the medium-long term, based on the so-called 'call on OPEC'. The 'call on OPEC' is part of the demand for oil which has to supplied by OPEC. It is expected that the nominal oil price will be circa $24 per barrel in 2004, based on a global growth of 4%. 2 refs

  1. Proceedings of the CERI 2001 World Oil Conference. CD ed.

    International Nuclear Information System (INIS)

    2001-01-01

    The integration and expansion of world oil markets was the main topic of this conference which featured 23 presentations dealing with developments in the international energy sector. The conference was divided into 8 sessions entitled: (1) oil prices, (2) oil and politics, (3) global oil supply, (4) North American supply and markets, (5) global oil demand, (6) oil.com, (7) the business of the environment, and (8) oil and money. The outlook of world energy markets was reviewed with particular emphasis on prospects for oil supply and reserves. The current status of the petroleum industry in both OPEC and non-OPEC oil exporting countries was discussed with reference to exploration, production, reserves, and hydrocarbon potential. The environmental, and socio-economic challenges that both the upstream and downstream industry will face challenges in the next century were also described. refs., tabs., figs

  2. Self-consistent photothermal techniques: Application for measuring thermal diffusivity in vegetable oils

    Science.gov (United States)

    Balderas-López, J. A.; Mandelis, Andreas

    2003-01-01

    The thermal wave resonator cavity (TWRC) was used to measure the thermal properties of vegetable oils. The thermal diffusivity of six commercial vegetable oils (olive, corn, soybean, canola, peanut, and sunflower) was measured by means of this device. A linear relation between both the amplitude and phase as functions of the cavity length for the TWRC was observed and used for the measurements. Three significant figure precisions were obtained. A clear distinction between extra virgin olive oil and other oils in terms of thermal diffusivity was shown. The high measurement precision of the TWRC highlights the potential of this relatively new technique for assessing the quality of this kind of fluids in terms of their thermophysical properties.

  3. Effects of dietary coconut oil, butter and safflower oil on plasma lipids, lipoproteins and lathosterol levels.

    Science.gov (United States)

    Cox, C; Sutherland, W; Mann, J; de Jong, S; Chisholm, A; Skeaff, M

    1998-09-01

    The aim of this present study was to determine plasma levels of lathosterol, lipids, lipoproteins and apolipoproteins during diets rich in butter, coconut fat and safflower oil. The study consisted of sequential six week periods of diets rich in butter, coconut fat then safflower oil and measurements were made at baseline and at week 4 in each diet period. Forty-one healthy Pacific island polynesians living in New Zealand participated in the trial. Subjects were supplied with some foods rich in the test fats and were given detailed dietary advice which was reinforced regularly. Plasma lathosterol concentration (P safflower oil diets compared with butter diets. Plasma total cholesterol, HDL cholesterol and apoA-levels were also significantly (Psafflower oil compared with diets rich in butter and might be associated with lower production rates of apoB-containing lipoproteins.

  4. Measuring energy security. Can the United States achieve oil independence?

    International Nuclear Information System (INIS)

    Greene, David L.

    2010-01-01

    Stochastic simulation of the direct economic costs of oil dependence in an uncertain future is proposed as a useful metric of oil dependence. The market failure from which these costs arise is imperfect competition in the world oil market, chiefly as a consequence of the use of market power by the Organization of the Petroleum Exporting Countries (OPEC) cartel. Oil dependence costs can be substantial. It is estimated that oil dependence costs to the US economy in 2008 will exceed $500 billion. Other costs, such as military expenditures or foreign policy constraints are deemed to be largely derivative of the actual or potential economic costs of oil dependence. The use of quantifiable economic costs as a security metric leads to a measurable definition of oil independence, or oil security, which can be used to test the ability of specific policies to achieve oil independence in an uncertain future. (author)

  5. Security of Supply of Hydrocarbonates and Differences in Approach to the Issue Definition

    International Nuclear Information System (INIS)

    Dragicevic, T.

    2006-01-01

    Security of Supply became an issue during the First World War when First Lord of Admiralty, W. Churchill, decided to modernize the Navy by replacing coal with oil as a propelling fuel for ships. Crude oil that arrived from the then Persia opened up the question of Security. First Lord of Admiralty defined it in the following way: S afety and certainty in oil lie in variety and variety alone... . This concept of diversification of supply became topical again during the oil crises in 1973. It is topical even today as the world faces disruptions in supply caused by war intervention in Iraq, Al-Qaeda terrorist threats, hurricanes in the Gulf of Mexico or difficulties in natural gas supply caused by disputes between Russia and Ukraine. The important element of security of supply is the own oil and gas production from domestic fields or foreign concessions. The countries that have their own oil industry regard highly the strategic importance of their own reserves. Private ownership of shares in oil companies or sources of capital does not diminish this strategic importance. Participation of renewable energy sources is important not only for environmental protection but for mitigating dependence on energy imports. Croatian energy strategy should be adjusted to new challenges and conditions on the energy market, taking also into account the relevant EU regulations.(author)

  6. Measurement of Submerged Oil/Gas Leaks using ROV Video

    Science.gov (United States)

    Shaffer, Franklin; de Vera, Giorgio; Lee, Kenneth; Savas, Ömer

    2013-11-01

    Drilling for oil or gas in the Gulf of Mexico is increasing rapidly at depths up to three miles. The National Commission on the Deepwater Horizon Oil Leak concluded that inaccurate estimates of the leak rate from the Deepwater Horizon caused an inadequate response and attempts to cap the leak to fail. The first response to a submerged oil/gas leak will be to send a Remotely Operated Vehicle (ROV) down to view the leak. During the response to the Deepwater Horizon crisis, the authors Savas and Shaffer were members of the Flow Rate Technical Group's Plume Team who used ROV video to develop the FRTG's first official estimates of the oil leak rate. Savas and Shaffer developed an approach using the larger, faster jet features (e.g., turbulent eddies, vortices, entrained particles) in the near-field developing zone to measure discharge rates. The authors have since used the Berkeley Tow Tank to test this approach on submerged dye-colored water jets and compressed air jets. Image Correlation Velocimetry has been applied to measure the velocity of visible features. Results from tests in the Berkeley Tow Tank and submerged oil jets in the OHMSETT facility will be presented.

  7. The overseas acquisitions and equity oil shares of Chinese national oil companies: A threat to the West but a boost to China's energy security?

    International Nuclear Information System (INIS)

    Zhang Zhongxiang

    2012-01-01

    This paper argues that both China and the Western countries need to de-politicize China's global quest for energy security. The Western politicians need to recognize that their rhetoric in relation to China's efforts to secure energy supplies overseas has done nothing but intensify China's fear that they might seek to deny China's access to the oil it needs for the development. China needs to reconsider its stance of distrusting global oil markets and to recognize that the reliance on aggressive acquisitions of overseas oil fields and equity oil production has been of little help in strengthening its energy security. Given that China's energy security depends increasingly and deeply on the stability of global oil markets and reliable and growing oil supplies to the market, China shares with other major oil importing countries profound common interests in maintaining and strengthening the stability of global oil markets and reducing the chance of potential disruptions to oil supply and the resulting damaging oil price shocks.

  8. Laser induced fluorescence measurements of the mixing of fuel oil with air

    Energy Technology Data Exchange (ETDEWEB)

    Arnold, A; Bombach, R; Hubschmid, W; Kaeppeli, B [Paul Scherrer Inst. (PSI), Villigen (Switzerland)

    1999-08-01

    We report on measurements of the mixing of fuel oil with air at atmospheric pressure in an industrial premixed gas turbine burner. The concentration of the vaporized fuel oil was measured with laser induced fluorescence. We reason that the fuel oil concentration can be considered with good accuracy as proportional to the fluorescence intensity. (author) 6 fig., 3 refs.

  9. Dominant Middle East oil reserves critically important to world supply

    International Nuclear Information System (INIS)

    Riva, J.P. Jr.

    1991-01-01

    This paper reports that the location production, and transportation of the 60 million bbl of oil consumed in the world each day is of vital importance to relations between nations, as well as to their economic wellbeing. Oil has frequently been a decisive factor in the determination of foreign policy. The war in the Persian Gulf, while a dramatic example of the critical importance of oil, is just the latest of a long line of oil-influenced diplomatic/military incidents, which may be expected to continue. Assuming that the world's remaining oil was evenly distributed and demand did not grow, if exploration and development proceeded as efficiently as they have in the U.S., world oil production could be sustained at around current levels to about the middle of the next century. It then would begin a long decline in response to a depleting resource base. However, the world's remaining oil is very unevenly distributed. It is located primarily in the Eastern Hemisphere, mostly in the Persian Gulf, and much is controlled by the Organization of Petroleum Exporting Countries. Scientific resource assessments indicate that about half of the world's remaining conventionally recoverable crude oil resource occurs in the Persian Gulf area. In terms of proved reserves (known recoverable oil), the Persian Gulf portion increase to almost two-thirds

  10. Security of supply in Ireland 2006

    International Nuclear Information System (INIS)

    Bazilian, Morgan; O'Leary, Fergal; O Gallachoir, Brian; Howley, Martin

    2006-12-01

    This is the second annual report on the title theme from SEI. Since SEI's initial security of supply publication there has been considerable attention paid to the security of supply aspects of energy policy worldwide. This reports updates and refines the metrics used to consider security of supply in Ireland. It also presents new analysis in three areas; the development of a supply/demand index, use of mean variance portfolio analysis for the electricity sector and a high oil price energy forecast scenario

  11. Oil outlook to 2020

    International Nuclear Information System (INIS)

    Shihab-Eldin, A.; Hamel, M.; Brennand, G.

    2003-01-01

    OPEC's World Energy Model, OWEM, is used to develop the outlook for oil demand and supply to 2020. The reference case assumes world economic growth averaging 3.3 per cent per annum, while OPEC's Reference Basket of seven crudes remains mainly in the target range of US $22-28 a barrel, in nominal terms. With no additional assumed policy measures, for example, to reduce CO 2 emissions, the reference case sees world oil demand rising from 76 million barrels a day in 2000 to 89 mb/d in 2010 and 107 mb/d in 2020. More than three-quarters of this increase comes from developing countries. The most important sector for a demand increase is transportation, accounting for 60 per cent of the rise globally. On the supply side, the oil resource base is not considered a constraint to satisfying this increase in demand. Non-OPEC production is expected to continue to grow during the current decade, and to stabilise at a level of 53-55 mb/d beyond 2010. OPEC production is projected to reach 36 mb/d by 2010 and 52 mb/d in 2020. It is important, however, to recognise the uncertainties pervading such an assessment. For example, it is not clear how future economic growth, energy policies and technology will develop over this time horizon, and this inevitably clouds any assessment of future oil demand and supply. In an attempt to quantify one aspect of such uncertainty, other feasible economic growth rates have been assumed, the results of which suggest that OPEC output by 2010 could be 4-5 mb/d higher or lower than in the reference case, while the range is clearly even greater in the years to 2020. Moreover, policy reactions to such developments could compound the uncertainty. On the other hand, such alternative economic growth could place pressure upon oil prices to move outside OPEC's price band of $22-28/b. These uncertainties illustrate the scope of the challenges confronting the oil industry, especially given the long lead-time nature of oil industry investment, in making

  12. Hydrogen solubility measurements of analyzed tall oil fractions and a solubility model

    International Nuclear Information System (INIS)

    Uusi-Kyyny, Petri; Pakkanen, Minna; Linnekoski, Juha; Alopaeus, Ville

    2017-01-01

    Highlights: • Hydrogen solubility was measured in four tall oil fractions between 373 and 597 K. • Continuous flow synthetic isothermal and isobaric method was used. • A Henry’s law model was developed for the distilled tall oil fractions. • The complex composition of the samples was analyzed and is presented. - Abstract: Knowledge of hydrogen solubility in tall oil fractions is important for designing hydrotreatment processes of these complex nonedible biobased materials. Unfortunately measurements of hydrogen solubility into these fractions are missing in the literature. This work reports hydrogen solubility measured in four tall oil fractions between 373 and 597 K and at pressures from 5 to 10 MPa. Three of the fractions were distilled tall oil fractions their resin acids contents are respectively 2, 20 and 23 in mass-%. Additionally one fraction was a crude tall oil (CTO) sample containing sterols as the main neutral fraction. Measurements were performed using a continuous flow synthetic isothermal and isobaric method based on the visual observation of the bubble point. Composition of the flow was changed step-wise for the bubble point composition determination. We assume that the tall oil fractions did not react during measurements, based on the composition analysis performed before and after the measurements. Additionally the densities of the fractions were measured at atmospheric pressure from 293.15 to 323.15 K. A Henry’s law model was developed for the distilled tall oil fractions describing the solubility with an absolute average deviation of 2.1%. Inputs of the solubility model are temperature, total pressure and the density of the oil at 323.15 K. The solubility of hydrogen in the CTO sample can be described with the developed model with an absolute average deviation of 3.4%. The solubility of hydrogen increases both with increasing pressure and/or increasing temperature. The more dense fractions of the tall oil exhibit lower hydrogen

  13. High Sensitivity Gravity Measurements in the Adverse Environment of Oil Wells

    Science.gov (United States)

    Pfutzner, Harold

    2014-03-01

    Bulk density is a primary measurement within oil and gas reservoirs and is the basis of most reserves calculations by oil companies. The measurement is performed with a gamma-ray source and two scintillation gamma-ray detectors from within newly drilled exploration and production wells. This nuclear density measurement, while very precise is also very shallow and is therefore susceptible to errors due to any alteration of the formation and fluids in the vicinity of the borehole caused by the drilling process. Measuring acceleration due to gravity along a well provides a direct measure of bulk density with a very large depth of investigation that makes it practically immune to errors from near-borehole effects. Advances in gravity sensors and associated mechanics and electronics provide an opportunity for routine borehole gravity measurements with comparable density precision to the nuclear density measurement and with sufficient ruggedness to survive the rough handling and high temperatures experienced in oil well logging. We will describe a borehole gravity meter and its use under very realistic conditions in an oil well in Saudi Arabia. The density measurements will be presented. Alberto Marsala (2), Paul Wanjau (1), Olivier Moyal (1), and Justin Mlcak (1); (1) Schlumberger, (2) Saudi Aramco.

  14. A Study on the efficient alleviation of domestic oil price at international oil crisis

    Energy Technology Data Exchange (ETDEWEB)

    Lee, Young Ku [Korea Energy Economics Institute, Euiwang (Korea)

    1999-01-01

    For alleviating domestic oil price when the international oil crisis happens, the government has been reacted directly such as using stored oil or alleviation fund. Although the release of stored oil works for short-term depending on the type of crisis, concerning that most of oil crisis had been resulted in temporary supply reduction rather than long-term supply suspension, utilizing the domestic alleviation fund is regarded more economical than storing oil. However, it has been suggested to compare efficiencies of alleviation fund and a futures market regarding the perspectives that using alleviation fund is more inefficient than utilizing a futures market. Moreover, the direct management by government is less efficient than indirect management. As an efficient way to alleviate domestic oil price at international oil crisis, this study presents an effective utilization of trading in futures of crude oil. There is a high probability of occurrence of this kind of oil crisis by judging from the world political situation and the trend of oil market. In such a case, the government as a crude oil importer should minimize the stored oil and utilize a futures market effectively. The subject of alleviating oil price by trading in futures is an oil supplier, such as oil refining companies or oil importers not the government as a prerequisite. Furthermore, the government should approve to include appropriate cost for preparing oil price alleviation in the oil price and it is required that such a government policy should be consistent. (author). 41 refs., 3 figs., 15 Tabs.

  15. Equilibrium gas-oil ratio measurements using a microfluidic technique.

    Science.gov (United States)

    Fisher, Robert; Shah, Mohammad Khalid; Eskin, Dmitry; Schmidt, Kurt; Singh, Anil; Molla, Shahnawaz; Mostowfi, Farshid

    2013-07-07

    A method for measuring the equilibrium GOR (gas-oil ratio) of reservoir fluids using microfluidic technology is developed. Live crude oils (crude oil with dissolved gas) are injected into a long serpentine microchannel at reservoir pressure. The fluid forms a segmented flow as it travels through the channel. Gas and liquid phases are produced from the exit port of the channel that is maintained at atmospheric conditions. The process is analogous to the production of crude oil from a formation. By using compositional analysis and thermodynamic principles of hydrocarbon fluids, we show excellent equilibrium between the produced gas and liquid phases is achieved. The GOR of a reservoir fluid is a key parameter in determining the equation of state of a crude oil. Equations of state that are commonly used in petroleum engineering and reservoir simulations describe the phase behaviour of a fluid at equilibrium state. Therefore, to accurately determine the coefficients of an equation of state, the produced gas and liquid phases have to be as close to the thermodynamic equilibrium as possible. In the examples presented here, the GORs measured with the microfluidic technique agreed with GOR values obtained from conventional methods. Furthermore, when compared to conventional methods, the microfluidic technique was simpler to perform, required less equipment, and yielded better repeatability.

  16. Distilling oils, etc

    Energy Technology Data Exchange (ETDEWEB)

    Wilson, W G

    1913-08-13

    Oils and other products are distilled continuously from materials containing or charged with hydrocarbons, such as coal, shale, absorbent materials containing oil, or metal turnings covered with oil, in a vertical or inclined combustion chamber supplied continuously or intermittently with a small quantity of air, and continuously with a large quantity of gases from the condenser admitted below the combustion zone. If desired, steam may also be supplied to the combustion chamber. In the apparatus shown are the combustion chamber, the air inlet, the gas-inlet pipe, the gas-outlet pipe, the condenser, and a mechanical separator which preferably also acts as a fan. A pair of slides is provided at the bottom of the combustion chamber to discharge the residue without admitting air, or a water seal may be used.

  17. Army Energy Strategy for the End of Cheap Oil

    National Research Council Canada - National Science Library

    Nygren, Kip P; Massie, Darrell D; Kern, Paul J

    2006-01-01

    ... from other critical mission elements and programs. The National Commission on Energy Policy conducted a simulation of oil supply disruptions in June 2005 and concluded that oil cost is highly sensitive to supply, U.S., foreign...

  18. Measuring the security of external energy supply in the European Union

    DEFF Research Database (Denmark)

    Le Coq, Chloe; Paltseva, Elena

    2009-01-01

    The security of energy supply is one of the main objectives of EU energy policy. In this paper, we introduce an index designed to evaluate the short-term risks associated with the external supply of energy to the EU Member States. It combines measures of energy import diversification, political...

  19. Proceedings of the Canadian oil sands forum 2007 : creating excellence through innovation

    International Nuclear Information System (INIS)

    2007-01-01

    The supply from Canada's oil sands industry is growing at an accelerated pace. This conference was intended for professionals in the oil sands industry seeking updated information on oil sands developments, transportation issues and future market challenges and opportunities. It was attended by a broad range of industry participants who addressed some of the critical issues involved in developing oil sands projects. Despite market opportunities which have resulted in a fast pace of development and continually evolving project plans, there are challenges and uncertainties that must be overcome in order to achieve projected levels of supply growth. It was noted that the business environment in the oil sands industry is continually changing in terms of current supply/market/refining situations and new market developments. The conference also addressed how capital cost and mega-project management issues are being addressed. Expanding market opportunities for Canada's growing oil sands supply were highlighted along with latest developments related to upgrading strategies. Market experts also discussed issues related to synthetic crude, heavy oil markets and the supply and demand of diluents. The sessions were entitled: challenges and opportunities in oil sands; oil sands business outlook; latest project development updates; integration of Canadian oil sands with U.S. refining; and, technology and oil sands innovations.The conference featured 16 presentations, of which 6 have been catalogued separately for inclusion in this database. tabs., figs

  20. Alberta's reserves 2004 and supply/demand outlook 2005-2014

    International Nuclear Information System (INIS)

    Burrowes, A.; Marsh, R.; Ramdin, N.; Evans, C.; Kirsch, M.A.; Philp, L.; Fujda, M.; Stenson, J.; Sadler, K.; Sankey, G.; Hill, C.; Rahnama, F.; Habib, G.; MacGillivray, J.

    2005-01-01

    This document presents information on the state of reserves, supply, and demand for Alberta's energy resources including bitumen, crude oil, coalbed methane (CBM), conventional natural gas, natural gas liquids, sulphur, and coal. Estimates of initial reserves, remaining established reserves, and ultimate potential were also included, along with a 10-year supply and demand forecast for Alberta's energy resources. The document presents major forecast assumptions that influence Alberta's energy supply and demand. Some of the main variables affecting energy supply and demand include the global oil market, energy prices, Canadian economic performance and the economic outlook for Alberta. The development of Alberta's energy resources depends on reserve supply, costs of development, energy demands, conservation, and social, economic and environmental considerations. In 2004, raw bitumen production continued to grow and accounted for 69 per cent of Alberta's total crude oil and bitumen production. The value-added process of upgrading raw bitumen to synthetic crude oil was also expanded in 2004. Natural gas production from all sources in Alberta increased by 1 per cent compared with 2003. CBM development also increased greatly in 2004. Although it accounted for 80 per cent of the cumulative CBM production to date, it only contributed 0.5 per cent of the provincial total natural gas production. It is expected that CBM development will continue to increase in the coming years. For that reason, a separate estimate of CBM reserves was included. tabs., figs

  1. Asian gas and oil supplies, production, and utilization

    International Nuclear Information System (INIS)

    Jonchere, J.P.

    1991-01-01

    Some changes which have occurred recently, or which are now emerging, allow one to consider commercial energy revolving effectively around three poles--oil, natural gas and electricity, and these to be viewed more and more as commodities for services. A hard core of oil consumption, mainly dedicated to the transportation sector, will continue to fuel the crude oil demand growth. In Asia, such a trend will lead to an increasing reliance on Middle East crudes and thus to the need to upgrade the heavier part of the barrel. For its part, natural gas will help to limit the reliance on oil, and its resource base is large enough to offer it increasing shares in two key energy consuming sectors: electricity generation and nitrogen fertilizers. Moreover, concerns about the need to conserve natural gas reserves for use as a feedstock for nitrogen fertilizers and other petrochemicals, do not affect the picture. Limited amounts would be required and a dynamic approach to the development of fossil fuel resources enables the consideration of natural gas as a transitional fuel for the energy hungry power sector. However, in the meantime it is expected to play a key role both in safeguarding the environment and alleviating the investment burden, particularly in the power and nitrogen fertilizer sectors

  2. Oil development in China: Current status and future trends

    International Nuclear Information System (INIS)

    Ma Linwei; Fu Feng; Li Zheng; Liu Pei

    2012-01-01

    The future of oil has become an important topic of the discussion of energy policy in China. This paper attempts to present a full picture of the current status and future trends of China’s oil development through system analysis. First, we map a Sankey diagram of China’s oil flow to reveal the physical pattern of China’s oil supply and consumption. Then, we present the historical and ongoing trends of China’s oil flow from key aspects such as oil demand, oil resource availability, technology improvement, and policy adjustment. Based on these understandings, we design three scenarios of China’s oil demand in 2030, and analyze policy implications for oil saving, automotive energy development, and energy security. From the analysis, we draw some conclusions for policy decisions, such as to control the total oil consumption to avoid energy security risks, to enhance oil saving in all sectors with road transportation as the emphasis, and to increase the investment on oil production and refining to secure oil supply and reduce emissions. - Highlights: ► A Sankey Diagram to reveal the physical pattern of China’s oil supply and consumption. ► Present the ongoing trends of China’s oil development. ► Discuss important policy issues such as oil saving, energy security, and emissions reduction.

  3. Microwave Radiometry for Oil Pollution Monitoring, Measurements, and Systems

    DEFF Research Database (Denmark)

    Skou, Niels

    1986-01-01

    Work is presently carried out in Europe to change the Status of the microwave radiometer, namely, to develop it from a research instrument to an operational instrument-especially for measuring oil pollution on the sea surface. The Technical University of Denmark (TUD), with its long experience...... in airborne microwave radiometry, is heavily involved in this process. The TUD multichannel imaging radiometer system has been flown in several large-scale oil-pollution experiments, the collected data have been analyzed, and they have revealed that care must be exercised to obtain accurate oil volume...

  4. Oil price and financial markets: Multivariate dynamic frequency analysis

    International Nuclear Information System (INIS)

    Creti, Anna; Ftiti, Zied; Guesmi, Khaled

    2014-01-01

    The aim of this paper is to study the degree of interdependence between oil price and stock market index into two groups of countries: oil-importers and oil-exporters. To this end, we propose a new empirical methodology allowing a time-varying dynamic correlation measure between the stock market index and the oil price series. We use the frequency approach proposed by Priestley and Tong (1973), that is the evolutionary co-spectral analysis. This method allows us to distinguish between short-run and medium-run dependence. In order to complete our study by analysing long-run dependence, we use the cointegration procedure developed by Engle and Granger (1987). We find that interdependence between the oil price and the stock market is stronger in exporters' markets than in the importers' ones. - Highlights: • A new time-varying measure for the stock markets and oil price relationship in different horizons. • We propose a new empirical methodology: multivariate frequency approach. • We propose a comparison between oil importing and exporting countries. • We show that oil is not always countercyclical with respect to stock markets. • When high oil prices originate from supply shocks, oil is countercyclical with stock markets

  5. Crude oil pipeline expansion summary

    International Nuclear Information System (INIS)

    2005-02-01

    The Canadian Association of Petroleum Producers has been working with producers to address issues associated with the development of new pipeline capacity from western Canada. This document presents an assessment of the need for additional oil pipeline capacity given the changing mix of crude oil types and forecasted supply growth. It is of particular interest to crude oil producers and contributes to current available information for market participants. While detailed, the underlying analysis does not account for all the factors that may come into play when individual market participants make choices about which expansions they may support. The key focus is on the importance of timely expansion. It was emphasized that if pipeline expansions lags the crude supply growth, then the consequences would be both significant and unacceptable. Obstacles to timely expansion are also discussed. The report reviews the production and supply forecasts, the existing crude oil pipeline infrastructure, opportunities for new market development, requirements for new pipeline capacity and tolling options for pipeline development. tabs., figs., 1 appendix

  6. North american natural gas supply forecast: the Hubbert method including the effects of institutions

    International Nuclear Information System (INIS)

    Reynolds, D. B.; Kolodziej, M.

    2009-01-01

    In this article, the U.S. and southern Canadian natural gas supply market is considered. An important model for oil and natural gas supply is the Hubbert curve. Not all regions of the world are producing oil or natural gas following a Hubbert curve, even when price and market conditions are accounted for. One reason is that institutions are affecting supply. We investigate the possible effects of oil and gas market institutions in North America on natural gas supply. A multi-cycle Hubbert curve with inflection points similar to the Soviet Union's oil production multi-cycle Hubbert curve is used to determine North American natural gas discovery rates and to analyze how market specific institutions caused the inflection points. In addition, we analyze the latest shale natural gas projections critically. While currently, unconventional resources of natural gas suggest that North American natural gas production will increase without bound, the model here suggests a peak in North American natural gas supplies could happen in 2013. (author)

  7. Proceedings of the CERI 2002 World Oil Conference : Reading the Future. CD ed.

    International Nuclear Information System (INIS)

    2002-01-01

    The integration and expansion of world oil markets was the main topic of this conference which featured 18 presentations dealing with developments in the international energy sector. The conference provided an opportunity for participants to discuss issues regarding oil supply and demand, oil prices, OPEC's spare capacity, OPEC's view regarding increasing competition from Canada's oil sands, and what role non-conventional oil plays in today's marketplace. The conference was divided into 6 sessions entitled: (1) oil prices, business as usual, (2) world oil demand, the incredible shrinking market, (3) global oil supplies, (4) going offshore, (5) the politics of oil, and (6) the growing North American supply. The outlook of world energy markets was reviewed with particular emphasis on prospects for oil supply and reserves. Also, the current status of the petroleum industry in both OPEC and non-OPEC oil exporting countries was discussed with reference to exploration, production, reserves, and hydrocarbon potential as well as the environmental, and socio-economic challenges that the industry must face. refs., tabs., figs

  8. Did Iraq Cheat the United Nations? Underpricing, Bribes, and the Oil for Food Program

    OpenAIRE

    Chang-Tai Hsieh; Enrico Moretti

    2005-01-01

    From 1997 through early 2003, the United Nations Oil for Food Program allowed Iraq to export oil in exchange for humanitarian supplies. We measure the extent to which this program was corrupted by Iraq's attempts to deliberately set the price of its oil below market prices in an effort to solicit bribes, both in the form of direct cash bribes and in the form of political favors, from the buyers of the underpriced oil. We infer the magnitude of the potential bribe by comparing the gap between ...

  9. Report on the oil and gas industry in 2011

    International Nuclear Information System (INIS)

    Venturini, Isabelle; Hesske, Philip; Welter-Nicol, Cecile; Korman, Bernard; Wermelinger, Elea; Gouge, Patrick; Balian, Armelle; Guichaoua, Sabine; Levaillant, Elise; Ripaux, Marion; Baumont, Thierry; Fondeville, Louis; Lamy, Jean-Michel; Delvincourt, Thibaud; Pertuiset, Thomas; Quintaine, Thierry; Miraval, Bruno; Cesari, Vartouhie

    2012-01-01

    Illustrated by several graphs and tables, this report first proposes an overview of international oil and gas markets and supplies: markets, exploration, challenges faced by European supplies, and French hydrocarbon imports. It comments oil exploration and production activities in France, refining activities and activities in the field of substitution fuels. The next part addresses the French oil and gas logistics: domestic transports of oil products, oil product storage infrastructures, strategic storage, and gas infrastructures. The last part addresses the final consumption: consumption, distribution, fuel quality, prices, and tax policy

  10. An overview of US refinery configurations and operations (within western Canada supply orbit) : Who currently uses bitumen and SCO? Just how much heavy oil/bitumen is it possible to accept?

    International Nuclear Information System (INIS)

    Flint, L.

    1997-01-01

    A list of US refiners, names and locations that take relatively major heavy crude oil and synthetic crude oil (SCO) volumes from Western Canada was provided. It was suggested that in the near future, production of Canadian heavy crude will not be constrained by supply limits but rather by refinery process capabilities. An overview of refining capacity and heavy oil processing capacity by PADD in kbpsd was presented. The Northern Tier US States (PADD II, PADD IV and Washington/Oregon in PADD V) constitute a total of 4.4 million bpcd refining capacity at 95 per cent utilization. Of this, about 3.4 million bpcd is in PADD II. Montana in PADD IV is the only area dependent solely on Canadian heavy crude supplies. Main competition for Canadian heavy crude comes from Alaska, Mexico, and Venezuela. 1 tab., 2 figs

  11. 24 CFR 3280.706 - Oil piping systems.

    Science.gov (United States)

    2010-04-01

    ... the Standard Specification for Seamless Copper Water Tube, ASTM B88-93, or shall comply with ASTM B280... supply connection(s) shall be rigidly anchored to a structural member within 6 inches of the supply... shall be checked for oil leaks with fuel oil of the same grade that will be burned in the appliance. No...

  12. Thermal Diffusivity Measurements in Edible Oils using Transient Thermal Lens

    Science.gov (United States)

    Valdez, R. Carbajal.; Pérez, J. L. Jiménez.; Cruz-Orea, A.; Martín-Martínez, E. San.

    2006-11-01

    Time resolved thermal lens (TL) spectrometry is applied to the study of the thermal diffusivity of edible oils such as olive, and refined and thermally treated avocado oils. A two laser mismatched-mode experimental configuration was used, with a He Ne laser as a probe beam and an Ar+ laser as the excitation one. The characteristic time constant of the transient thermal lens was obtained by fitting the experimental data to the theoretical expression for a transient thermal lens. The results showed that virgin olive oil has a higher thermal diffusivity than for refined and thermally treated avocado oils. This measured thermal property may contribute to a better understanding of the quality of edible oils, which is very important in the food industry. The thermal diffusivity results for virgin olive oil, obtained from this technique, agree with those reported in the literature.

  13. The security of energy supply. The European seminar. The green book of the Commission. The IEA judgment. The strategic oil stocks

    International Nuclear Information System (INIS)

    Rose, D.; Burucoa, X.

    2001-01-01

    This issue of Energies et Matieres Premieres journal comprises five articles about the security of energy supplies in Europe and France. The first article is the opening talk given by Christian Pierret at the European seminar on the security of energy supplies (Paris-Bercy, France, Nov. 24 2000). The article gives a broad presentation of the French energy policy in the worldwide economical, political and environmental context of energy. The second article is the concluding talk given by Jean-Michel Charpin at the seminar. The third article reports on some excerpts of the technical summary that was used to elaborate the green book of the European commission about the security of energy supplies. The fourth article is a summary written in collaboration with the IEA about the French policy of security of energy supplies. The last article gives a presentation of the role and management of strategic oil stocks (historical aspects, rules and legal aspects, management of crises, economical impact of the US destocking of September 2000, proposal of the European Commission's green book). (J.S.)

  14. Using non-time-series to determine supply elasticity: how far do prices change the Hubbert curve?

    International Nuclear Information System (INIS)

    Reynolds, D.B.

    2002-01-01

    An important concern of OPEC's work is to be able to understand how much supply of oil exists in different countries, in order to help better conserve oil. This paper extends M. King Hubbert's oil production and discovery forecasting model (Hubbert, 1962), using a non-time-series cumulative discovery and production quadratic Hubbert curve and structural shift variables to model technology and regulation changes. The model can be used to determine better world oil supplies. Price is tested, to see how powerful it is for increasing or decreasing oil supply. Using a trend of cumulative production, instead of time, will help to better fix the supply elasticity with respect to price, which is shown to be very inelastic. An interesting question is whether cumulative discovery or production constitutes an I(2) variable. This paper explains that they are not I(2) variables. (Author)

  15. Study on incineration technology of oil gas generated during the recovery process of oil spill

    International Nuclear Information System (INIS)

    Hou, Shuhn-Shyurng; Ko, Yung-Chang; Lin, Ta-Hui

    2011-01-01

    The objective of this study is to design, set up and operate an incinerator system capable of providing clean exhaust and safety control for burning oil gas generated during the recovery process of oil spill in Taiwan. In this study, we successfully develop a vertical-type incinerator, which consists of five oil gas burners with entrained primary air, a pilot burner, and an auxiliary burner. The incinerator system is equipped with necessary control units in order to achieve safe, easy, fast, and efficient operation. Flame appearance, flue gas temperature and CO emission of the incinerator system for burning oil gas are reported and discussed. Under the long-term operation, it is found that the new designed incinerator is satisfactory for burning oil gas with low supply pressure at various compositions and supply rates during the recovery process of oil spill. It is noteworthy that the results obtained herein are of great significance to provide a good guidance for those who need to design, set up and operate an incinerator system providing clean exhaust and safety control for burning oil gas generated during the recovery process of oil spill in a polluted site with a large area.

  16. Study on incineration technology of oil gas generated during the recovery process of oil spill

    Energy Technology Data Exchange (ETDEWEB)

    Hou, Shuhn-Shyurng [Department of Mechanical Engineering, Kun Shan University, Tainan 71003 (China); Ko, Yung-Chang [China Steel Corporation, Kaohsiung 81233 (China); Lin, Ta-Hui [Department of Mechanical Engineering, National Cheng Kung University, Tainan 70101 (China)

    2011-03-15

    The objective of this study is to design, set up and operate an incinerator system capable of providing clean exhaust and safety control for burning oil gas generated during the recovery process of oil spill in Taiwan. In this study, we successfully develop a vertical-type incinerator, which consists of five oil gas burners with entrained primary air, a pilot burner, and an auxiliary burner. The incinerator system is equipped with necessary control units in order to achieve safe, easy, fast, and efficient operation. Flame appearance, flue gas temperature and CO emission of the incinerator system for burning oil gas are reported and discussed. Under the long-term operation, it is found that the new designed incinerator is satisfactory for burning oil gas with low supply pressure at various compositions and supply rates during the recovery process of oil spill. It is noteworthy that the results obtained herein are of great significance to provide a good guidance for those who need to design, set up and operate an incinerator system providing clean exhaust and safety control for burning oil gas generated during the recovery process of oil spill in a polluted site with a large area. (author)

  17. Solving the oil independence problem: Is it possible?

    International Nuclear Information System (INIS)

    Sovacool, Benjamin K.

    2007-01-01

    As currently discussed in political circles, oil independence is unattainable - lacking coherent meaning and wedding policymakers to the notion that they can never accomplish it. Contrary to this thinking, more than a dozen different sets of technologies and practices could increase domestic supply and reduce demand for oil to the point of making the US functionally independent from oil price shocks. However, achieving this goal demands concerted action to expand and diversify conventional domestic oil supplies, reduce overall demand in the transportation and buildings sector, and continue to develop alternative fuels. If policymakers undertook such actions today, the US could become oil independent by 2030. (author)

  18. Prospect for the oil market as a consequence of the financial crisis

    International Nuclear Information System (INIS)

    Koppelaar, R.

    2008-11-01

    The Peak Oil Netherlands Foundation shines its light on the consequences of the financial crisis for the global oil market and the relation between oil prices and the credit crisis; short term supply and demand on the oil market; supply and demand of petroleum up to 2015; the volatility of the oil price and the meaning of volatility for the energy transition [mk] [nl

  19. 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.

  20. Testing a performance measurement framework for agri-food supply chains

    NARCIS (Netherlands)

    Aramyan, L.H.; Oude Lansink, A.G.J.M.; Kooten, van O.

    2005-01-01

    Measurement of entire supply chain performance is an important issue, because it allows for `tracking and tracing¿ of efficacy and efficiency failures and leads to more informed decisionmaking with regards to chain organization. The ultimate aim of implementing a performance measurement system is to

  1. Modelling the world oil market: Assessment of a quarterly econometric model

    International Nuclear Information System (INIS)

    Dees, Stephane; Karadeloglou, Pavlos; Kaufmann, Robert K.; Sanchez, Marcelo

    2007-01-01

    This paper describes a structural econometric model of the world oil market that can be used to analyse oil market developments and risks. Oil demand depends on domestic economic activity and the real price of oil. Oil supply for non-OPEC producers, based on competitive behaviours, is constrained by geological and institutional conditions. Oil prices are determined by a 'price rule' that includes market conditions and OPEC behaviour. Policy simulations indicate that oil demand and non-OPEC supply are rather inelastic to changes in price, while OPEC decisions about quota and capacity utilisation have a significant, immediate impact on oil prices

  2. Fuel oil systems for standby diesel-generators

    International Nuclear Information System (INIS)

    Anon.

    1976-01-01

    This Standard provides the design requirements for fuel oil system for diesel-generators that provide standby power for a nuclear power generating station. The system includes all essential equipment from and including fuel oil storage tanks up to the terminal connection on the diesel-engine. It does not include that portion of the fuel oil system supplied by the diesel-generator manufacturer which is in accordance with Trial-Use Criteria for Diesel-Generator Units Applied as Standby Power Supplies for Nuclear Power Generating Stations, IEEE-387-1972. This definition of scope is intended to exclude only those factory-assembled, engine-mounted appurtances supplied with a diesel-generator unit. Integral tanks are, however, within the scope of this Standard. It also excludes motors, motor control centers, switchgear, cables, and other electrical equipment which is used in operation of the fuel oil system, except to define interface requirements

  3. Fuel oil and kerosene sales 1995

    International Nuclear Information System (INIS)

    1996-09-01

    This publication contains the 1995 survey results of the ''Annual Fuel Oil and Kerosene Sales Report'' (Form EIA-821). This is the seventh year that the survey data have appeared in a separate publication. Except for the kerosene and on-highway diesel information, data presented in Tables 1 through 12 (Sales of Fuel Oil and Kerosene) present results of the EIA-821 survey. Tables 13 through 24 (Adjusted Sales of Fuel Oil and Kerosene) include volumes that are based on the EIA-821 survey but have been adjusted to equal the product supplied volumes published in the Petroleum Supply Annual (PSA). 24 tabs

  4. Fuel oil and kerosene sales 1995

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1996-09-01

    This publication contains the 1995 survey results of the ``Annual Fuel Oil and Kerosene Sales Report`` (Form EIA-821). This is the seventh year that the survey data have appeared in a separate publication. Except for the kerosene and on-highway diesel information, data presented in Tables 1 through 12 (Sales of Fuel Oil and Kerosene) present results of the EIA-821 survey. Tables 13 through 24 (Adjusted Sales of Fuel Oil and Kerosene) include volumes that are based on the EIA-821 survey but have been adjusted to equal the product supplied volumes published in the Petroleum Supply Annual (PSA). 24 tabs.

  5. Quarterly oil statistics. Second quarter, 1978

    Energy Technology Data Exchange (ETDEWEB)

    1978-01-01

    This issue presents rapid and accurate information on supply and disposal of crude oil, oil products, and natural gas, including production, refinery output, trade, bunkers, refinery fuel and losses and stock changes. Detailed import and export data are given for 42 origins and 29 destinations for crude oil and products. NGL, feedstocks, naphtha, LPG, gasoline, kerosene, gas/diesel oil, and heavy fuel oil (residual) are covered. (DLC)

  6. Security of Energy Supply - Indicators for Measuring Vulnerability and Risk

    International Nuclear Information System (INIS)

    Heinrich, C.

    2010-01-01

    In an era of increasing globalization, secure and affordable energy supplies are an essential requirement for economies to work, much less develop and grow in the long term. The present study, Energy security of supply - indicators for measuring vulnerability and risk, develops a broad methodical assessment concept to raise awareness among policy makers and the public regarding the vulnerability of energy supplies to potential energy crises. It explores the different aspects of vulnerability, from the primary energy level to energy infrastructure (storage, networks, power plant parks) to the efficiency and cost of energy consumption for end users. The individual characteristics of the formal concept were quantitatively evaluated for several OECD regions (Germany, UK, Sweden, Poland, Italy, France and the US) using a comprehensive empirical database and reduced to a single indicator for assessing energy supply vulnerability. Part of the database comprises historical observations for the period between 1978 and 2007.(author).

  7. Cheap oil. Good news - for most

    NARCIS (Netherlands)

    Lorié, J.

    2014-01-01

    - The oil price has fallen by 40% in recent months, as a result of increasing oil supply, and is expected to be in the range of USD 70 - 80 per barrel in 2015. - The global economy is set to benefit, as are oil importing regions such as Europe and Asia. - Oil exporting countries like Brazil, Russia

  8. Throughput of oil and demand for oil of non-stationary loaded sliding bearings in internal combustion engines. Oeldurchsatz und Oelbedarf instationaer belasteter Gleitlager am Verbrennungsmotor

    Energy Technology Data Exchange (ETDEWEB)

    Esch, H.J.

    1981-12-17

    The throughput of oil and the demand for oil of the non-stationary loaded sliding bearings was determined in a high speed petrol engine. The crankshaft bearing and connecting rod bearing were examined. The bearing temperature of the connecting rod bearing was measured by thermocouples built into this bearing; transmission of the signal from the rotating to the fixed part of the system was by means of a rotating transmitter. The temperature measurement in the crankshaft bearing was done by thermocouples in the bearing shell. Using a separate oil supply for the test bearing, the demand for oil was determined by reducing the oil pressure. Comparative oil throughput calculations were carried out to clear up the relationships discovered in the equipment. The results of the investigation are collected in 15 points, which are explained in detail. These include: negligible effect on the oil throughput of the ignition timing, air ratio and coolant temperature at constant speed and constant mean pressure, the considerable rise of the oil throughput through the connecting rod and crankshaft bearing with increasing speed, and the dominating effect of play in the bearing on the maximum bearing temperature.

  9. Vegetable Oils and Animal Fats

    Science.gov (United States)

    non-petroleum oils are also regulated under CFR 112. Like petroleum oils, they can cause devastating physical effects, be toxic, destroy food supplies and habitats, produce rancid odors, foul shorelines and treatment plants, be flammable, and linger.

  10. Application of Supply Chain Performance Measurement in Scor Model at Building Project

    OpenAIRE

    Wibowo, Mochamad Agung; Sholeh, Moh Nur

    2016-01-01

    The supply chain has become a priority subject of management research and manufacturing theory in recent years. It has also become an interesting topic in the construction industry. Construction supply chain management is more concerned with the coordination of discrete quantities of materials delivered to a specific construction project. Currently, in some building project, there has been no standard indicators in measuring the performance of the supply chain. Therefore, further research is ...

  11. Future of oil and gas

    International Nuclear Information System (INIS)

    Gatermann, R.; Ten Hoedt, R.

    2009-01-01

    Two articles in the section 'Future of oil and gas': one ('Baltic strained by oil traffic') on the growing risks of accidents in maritime traffic in the Baltic region, and one ('Angola wants bigger piece of the pie') on the importance of the oil production in Angola to energy supplies in Europe and the USA. It appears that national oil company Sonango wants to have a greater part of the profits

  12. 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.

  13. Oil and Gas Emergency Policy: Sweden 2012 update

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2012-07-01

    Oil and natural gas represented respectively 27% and 3% of Sweden’s total primary energy supply (TPES) in 2010. With coal representing 5% of TPES, Sweden has the lowest share of fossil fuels in the energy supply mix among IEA member countries. This is a significant difference from the mid-1970s, when fossil fuels made up three-quarters of Sweden’s energy supply, and is the result of a concerted effort to move away from the use of oil through the development of nuclear and renewable energy sources. Sweden’s energy policy seeks to further increase the share of renewable energy sources, including having them provide half of all energy, and 10% of all transport needs, by 2020. The share of fossil fuel is also to be further reduced, through plans to fully eliminate their use for heating purposes by 2020 and having a vehicle stock in Sweden that is ''independent'' of fossil fuels by 2030. Under this policy, demand for both oil and natural gas is anticipated to decline from current levels. Oil demand in Sweden was nearly 330 thousand barrels per day (kb/d) in 2011. While fully dependent on imports to meet domestic oil demand, Sweden is a net exporter of refined oil products. Overall oil demand will likely decline in the coming decade, however demand for oil in the transport sector is expected to grow. At the same time, oil demand will be ever more concentrated on transport diesel, with demand for the fuel reaching over 110 kb/d by 2020 compared to just under 80 kb/d in 2011. Concerning natural gas, consumption in Sweden totalled 1.3 billion cubic metres (bcm) in 2011, all of which was supplied via a single interconnector with Denmark. While natural gas plays only a minor role in Sweden’s TPES, its role in the energy supply of southern and western Sweden is much more substantial, accounting for around 20% of the area’s total energy use. Around 30 large consumers, including CHP plants, account for roughly 80% of total gas demand in the country

  14. Application of synthetic fire-resistant oils in oil systems of turbine equipment for NPPs

    Science.gov (United States)

    Galimova, L. A.

    2017-10-01

    Results of the investigation of the synthetic fire-resistant turbine oil Fyrquel-L state in oil systems of turbosets under their operation in the equipment and oil supply facilities of nuclear power plants (NPPs) are presented. On the basis of the analysis of the operating experience, it is established that, for reliable and safe operation of the turbine equipment, at which oil systems synthetic fire-resistant oils on the phosphoric acid esters basis are used, special attention should be paid to two main factors, namely, both the guarantee of the normalized oil water content under the operation and storage and temperature regime of the operation. Methods of the acid number maintenance and reduction are shown. Results of the analysis and investigation of influence of temperature and of the variation of the qualitative state of the synthetic fair-resistant oil on its water content are reported. It is shown that the fire-resistant turbine oils are characterized by high hydrophilicity, and, in distinction to the mineral turbine oils, are capable to contain a significant amount of dissolved water, which is not extracted under the use of separation technologies. It is shown that the more degradation products are contained in oil and higher acid number, the more amount of dissolved water it is capable to retain. It is demonstrated that the organization of chemical control of the total water content of fireresistant oils with the use of the coulometric method is an important element to support the reliable operation of oil systems. It is recommended to use automatic controls of water content for organization of daily monitoring of oil state in the oil system. Recommendations and measures for improvement of oil operation on the NPP, the water content control, the use of oil cleaning plants, and the oil transfer for storage during repair works are developed.

  15. The determinants of oil prices

    International Nuclear Information System (INIS)

    Angelier, J-P.

    1991-01-01

    In recent years, swings in oil prices have been of unprecendented severity and frequency. Three factors work together to determine the price of oil: in the short term, the balance between supply and demand; in the medium term, the structure of the oil industry; and in the long term, the marginal production cost consistent with world oil demand. An oil price forecast is presented based on these considerations, and it is predicted that in the year 2000, oil prices will not be significantly different from those of today. 28 refs

  16. Is It Feasible for China to Optimize Oil Import Source Diversification?

    OpenAIRE

    Xu, Jian; Zhang, Jin-Suo; Yao, Qin; Zhang, Wei

    2014-01-01

    In 2013, China imported 282 million tons of crude oil with an external dependence of 58.1%, surpassing the USA as the world’s largest net oil importer. An import source diversification strategy has been adopted by China to ensure oil supply security and to prevent oil supply disruption. However, the strategy is restricted by the imbalance of oil reserves. What is the reasonable and clear objective of the diversification strategy under an imbalanced environment? How do we assess the natural i...

  17. Oil price shocks and policy implications the emergence of U.S. tight oil production: a case study

    OpenAIRE

    Voth, Jeffrey Michael

    2015-01-01

    How have shocks to supply and demand affected global oil prices; and what are key policy implications following the resurgence of oil production in the United States? Highlights: − The recent collapse in global oil prices was dominated by oversupply. − The future of tight oil in the United States is vulnerable to obstacles beyond oil prices. − Opinions on tight oil from the Top 25 think tank organizations are considered. Global oil prices have fallen more than fifty percent since ...

  18. Development of the German mineral oil market in 1995. Pt. 2

    International Nuclear Information System (INIS)

    Mohnfeld, J.; Heinze, W.

    1996-01-01

    Following a brief glance at the boundary conditions for the German market (world oil market, inland energy consumption), the development of inland sales is described. One after one, the mineral oil products Otto engine fuel, diesel fuel, light fuel oil and heavy fuel oil are considered. Further sections deal with crude oil supply, the supply of mineral oil produce, refinery production, the development in the sales sector, the profit situation of the mineral oil industry, the development of prices (according to products) and expenditure in foreign exchange for mineral oil. The article contains numerous tables and graphs; comparisons with the years previously illustrate development trends. (UA) [de

  19. Petroleum supply monthly

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1995-10-01

    The Petroleum Supply Monthly (PSM) is one of a family of four publications produced by the Petroleum Supply Division within the Energy Information Administration (EIA) reflecting different levels of data timeliness and completeness. The other publications are the Weekly Petroleum Status Report (WPSR), the Winter Fuels Report, and the Petroleum Supply Annual (PSA). Data presented in the PSM describe the supply and disposition of petroleum products in the United States and major US geographic regions. The data series describe production, imports and exports, inter-Petroleum Administration for Defense (PAD) District movements, and inventories by the primary suppliers of petroleum products in the United States (50 States and the District of Columbia). The reporting universe includes those petroleum sectors in primary supply. Included are: petroleum refiners, motor gasoline blends, operators of natural gas processing plants and fractionators, inter-PAD transporters, importers, and major inventory holders of petroleum products and crude oil. When aggregated, the data reported by these sectors approximately represent the consumption of petroleum products in the United States.

  20. Strategic alliance in technological development and innovation: Performance evaluation of co-creation between companies and their supply chain

    Directory of Open Access Journals (Sweden)

    Luiz Otavio Monteiro

    2013-07-01

    Full Text Available Purpose: The Brazilian oil and gas market presents a perspective of growth in the next decades. Considering this scenario, the increasing number of participants in this supply chain is foreseen to supply the demand of goods and services, especially in the technological development area. The paper intends to evaluate the collaborative development capacity and respective measurements of performance on these partnerships established between customer and suppliers, through qualitative research with a sample of Brazilian oil and gas market representative. Design/methodology/approach: This paper intends to verify if the co-creation performance is measured after an implementation, specific in a restricted industry. The methodology consists in a bibliographical research to support the study, and it also had a questionnaire sent to Brazilian companies that take part of the oil and natural gas industry supply chain, to analyze if the results of co-creation activities are measured by this group of companies, to verify its attractiveness to develop the co-creation usage or change the type of partnership with the market. Findings and Originality/value: The misunderstanding of co-creation and technical partnership was noticed. The usage of teams working together from two or more organizations cannot be considered as a co-creation, because the relationship and obligations are different between these two ways of workgroup. But the companies of oil and gas industry, when questioned, were able to distinguish it, avoiding risks of incorrect results motivated by wrong interpretation of the paper content. Research limitations/implications: As related in the paper, eight companies were invited to take part on the questionnaire about co-creation, but only 50% answered it. The research should have a better result of this subject if it had been developed with more answers of Brazilian oil and gas industry companies. Originality/value: Even this kind of partnership is

  1. Oil markets to 2010: the impact of non-Opec oil

    International Nuclear Information System (INIS)

    Enav, Peter

    1998-09-01

    This report provides an in-depth assessment of oil development scenarios in every non-Opec oil producing country from 1998 to 2010, in addition to evaluating the extent and direction of future oil trade for Opec and non-Opec countries alike. It re-assesses world oil consumption patterns in light of the Asian financial crisis, providing a concise yet comprehensive coverage of an often-neglected oil production group. The oil market development scenario is analysed in each country, with detailed consideration of the major players providing historical production, consumption, import and export data; current oil balance - production, imports and exports; an assessment of oil development policy; analysis of potential development obstacles considering regulatory, financial, political and environmental issues; oil production and consumption projections to 2010, by type; and import and export projections to 2010, by destination and source. More than 80 tables supplying essential statistics on the world's non-Opec markets accompany the report, with maps and schematic diagrams showing existing and potential infrastructure and fields. (Author)

  2. Fractional distillation of oil

    Energy Technology Data Exchange (ETDEWEB)

    Jones, L D

    1931-10-31

    A method of dividing oil into lubricating oil fractions without substantial cracking by introducing the oil in a heated state into a fractionating column from which oil fractions having different boiling points are withdrawn at different levels, while reflux liquid is supplied to the top of the column, and additional heat is introduced into the column by contacting with the oil therein a heated fluid of higher monlecular weight than water and less susceptible to thermal decomposition than is the highest boiling oil fraction resulting from the distillation, or of which any products produced by thermal decomposition will not occur in the highest boiling distillate withdrawn from the column.

  3. The role of the Arctic in future global petroleum supply

    OpenAIRE

    Lars Lindholt; Solveig Glomsrød

    2011-01-01

    The Arctic has a substantial share of global petroleum resources, but at higher costs than in most other petroleum provinces. Arctic states and petroleum companies are carefully considering the potential for future extraction in the Arctic. This paper studies the oil and gas supply from 6 arctic regions during 2010-2050 along with global economic growth and different assumptions regarding petroleum prices and resource endowments. Supply is calculated based on a global model of oil and gas mar...

  4. Logistic indicators measurement in two assembly operations feeded by supply-chains

    Directory of Open Access Journals (Sweden)

    Thiago Morais Menezes

    2008-07-01

    Full Text Available This paper presents a methodology for the measurement of logistic indicators. The methodology was applied in two cases: a shoewear assembling manufacture and a air conditioning assembling operation, both feeded by supply-chains. The study of the assembling operation can be useful in synchronizing the supply-chain and reducing variability in order arrivals by forming an assembly buffer. The methodology applies quantitative and graphic analysis to evaluate leadtime, inventory, performance and buffer. The first case was an exploration of the model, testing and refine its quantitative part. The second case, more extended, studied, in quantitative and graphically modes, two serial processes: standard assembling of items delivered by a supply-chain and customized services. The case was discussed and the implications analyzed. With the so calculated indicators, we suggest inventory reduction in assembling and increase in customization, so the total leadtime can also be reduced. Key words:, Logistic indicators, Queues in manufacture, Manufacturing Control; Variability in Supply Chains, Supply Chain management.

  5. Crude oil growth impact on pipelines

    International Nuclear Information System (INIS)

    Devries, O.

    2005-01-01

    This paper provided an outline of crude oil production and supply in Canada. Details of oil sands projects in Athabasca, Cold Lake and Peace River were presented. A chart of oil sands growth by major project was provided. A list of new emerging oil sands crude types was also presented along with details of a synthetic bitumen blending synergy. Maps of Western Canadian crude oil markets were provided, along with details of refinery and market demand by crude type. Various pipeline alternatives to new markets were examined, with reference to Enbridge Pipeline's supply and capacity. Details of the Hardisty to U.S Gulf Coast Pipeline and the Edmonton to Prince Rupert Pipeline and its terminal and dock facilities were presented. It was concluded that pipeline capacity and seasonal factors will influence market demand, while linefill, crude types and the quality of the product will influence operational strategies. tabs., figs

  6. Oil: economics and politics. Preliminary considerations on the Gulf Crisis

    International Nuclear Information System (INIS)

    Ayoub, A.

    1991-01-01

    Oil price fixing politics are first reviewed (existence of a floor price and of a maximum price, independently of economical consideration). In fact, geopolitical consideration are of premium importance in the oil demand/supply evolution. The Gulf Crisis and its surroundings (the Israel-Arab conflict) are revealing the supply and price logics of the oil market. An oil new order should be instaured through an OPEP restructuration and/or bilaterals relations and market dominance, organized by United States and Saoudi Arabia

  7. Energy demand and supply prompts record results for Canadian companies

    International Nuclear Information System (INIS)

    Anon.

    2005-01-01

    The Canadian energy industry has shown consistent growth in recent years. This trend is expected to continue due high energy prices resulting from concerns regarding energy supply and increased demand for energy. The 2005 annual survey by Pricewaterhouse Coopers states that Canadian energy sectors have seen average revenues grow by 12.4 per cent from $934 million to $1.05 billion for conventional companies and by 30.5 per cent from $285 million to $372 million for income trusts. The survey provides a summary of Canada's energy industry, including crude oil, natural gas, oil and gas services, oil sands and electricity. The financial and operating information of the top 100 Canadian public oil and gas companies is also summarized, along with 31 oil and gas income trusts. The survey found that crude oil prices were influenced by price volatility and record highs in 2004. Price volatility was due to global political tensions, increased demand from China, India and the United States and lower crude supplies in the United States. Production of Canadian crude, including conventional, synthetic crude, heavy crude, natural gas and natural gas from liquids continued to increase in 2004. A strong pricing environment will likely continue, according to industry expectations, due to political instability in the Middle East and OPEC's tight crude supply strategy. Strong pricing is expected to enhance natural gas economics and promote increased capital investment and production. In 2004, the oil and gas service industry drilled a record 21,593 wells in Western Canada and a record 28,630 drilling permits will be issued. In 2004, there was also a strong demand for field services and improvements in many manufacturing firms. Production from Canadian oil sands in 2004 was over 1 million barrels per day. An estimated 174 billion barrels of oil lie within the oil sands, making Canada the second largest country in terms of global proven crude oil reserves. Several oil sands projects have

  8. Sistem Supply Chain Crude-Palm-Oil Indonesia dengan Mempertimbangkan Aspek Economical Revenue, Social Welfare dan Environment

    Directory of Open Access Journals (Sweden)

    Kuncoro Harto Widodo

    2010-01-01

    Full Text Available Crude-Palm-Oil (CPO is an agro-industrial commodity which has a strategic value to be developed for Indonesian economy and social welfare. Production and export of Indonesian CPO increase progressively in the view years so that CPO is one of the pre-eminent products of Indonesia. On the other hand, however, they could give two negative impacts. First, a less CPO supply for domestic market as a result of export growing. Second, a worse environment as an effect of the opening new palm plantations. We, therefore, construct and simulate the system model for analyzing the relationships between the components and for describing their behaviour within the supply chain of CPO by using a dynamic model. The result shows that in the next 30 years, the revenue of Indonesian CPO industries tends to increase. The biggest revenue will be achieved in the year 23rd. The maximum addition of plantation employees is in the year 7th as well as in the year 17th. Deforestation would be the highest in the year 7th and 17th in which 2008 as a basic year.

  9. Oil sands market and transportation solutions

    International Nuclear Information System (INIS)

    Sandahl, R.

    2004-01-01

    This presentation outlined the immense potential of the western Canadian oil sands reserves. Recoverable reserves have been estimated at 180 billion barrels, with production forecasts estimated at 5 million barrels per day by 2030. Resource development is occurring at a time when the world's largest oil importer is increasing supplies through concern for security of supply. The second and third largest oil importers in the world are experiencing economic and energy demand growth. These factors underscore the motivation for rapid growth of the Western Canadian Oil Sands reserves. One of the challenges that must be addressed is to ensure that incremental markets for the increased production are accessed. Another challenge is to ensure adequate infrastructure in terms of pipeline capacity to ensure deliverability of the product. tabs., figs

  10. Proceedings of the World Heavy Oil Congress : unconventional oil challenging conventional expectations

    International Nuclear Information System (INIS)

    2008-01-01

    This international technical and business conference provided a forum to promote heavy oil technology and foster relationships between supply and demand countries. The interactive forum between global industry professionals addressed technological, strategic and environmental challenges facing the unconventional oil industry, including seeking innovative, low cost technologies, driving high costs down; educating and leading the workforce to maintain high standards of production; and ensuring that the footprint on the land is as light as possible. It emphasized that as demand for the uses of heavy oil grows, so does the responsibility of managing sustainability not just from an environmental and social perspective, but also with respect to supply, including manpower and infrastructure. The technical conference featured sessions on advanced and enhanced processes; combustion processes; drilling and completions; geology and reservoir; heavy oil exploitation and development; mining, extraction and transportation; non thermal processes; production and operations; reservoir monitoring; SAGD processes; sustainable development; thermal processes; and, upgrading technology. All 124 presentations from the technical conference were catalogued separately for inclusion in this database. refs., tabs., figs

  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. Oil and Gas Emergency Policy: Canada 2010 update

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2011-07-01

    This publication provides a detailed look at the specific systems in Canada for responding to an oil supply crisis. In 2007, the IEA published ''Oil Supply Security: Emergency Response of IEA Countries''. Rather than waiting for the completion of the current review cycle to renew this full publication, the IEA will provide updates to the country chapters as these become available following the specific country's review. The aim of series of publications is to provide an overview of the IEA oil emergency response system and a detailed look at the specific systems in each IEA country for responding to an oil supply crisis. The 2007 publication represented the findings of a five year review cycle of the emergency response mechanisms in IEA member countries. Since the 2007 publication, the IEA has started a new cycle of reviews which now includes reviewing gas emergency policies.

  13. Oil and Gas Emergency Policy: Italy 2010 update

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2011-07-01

    This publication provides a detailed look at the specific systems in Italy for responding to an oil supply crisis. In 2007, the IEA published ''Oil Supply Security: Emergency Response of IEA Countries''. Rather than waiting for the completion of the current review cycle to renew this full publication, the IEA will provide updates to the country chapters as these become available following the specific country's review. The aim of series of publications is to provide an overview of the IEA oil emergency response system and a detailed look at the specific systems in each IEA country for responding to an oil supply crisis. The 2007 publication represented the findings of a five year review cycle of the emergency response mechanisms in IEA member countries. Since the 2007 publication, the IEA has started a new cycle of reviews which now includes reviewing gas emergency policies.

  14. Oil and Gas Emergency Policy: Greece 2010 update

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2011-07-01

    This publication provides a detailed look at the specific systems in Greece for responding to an oil supply crisis. In 2007, the IEA published ''Oil Supply Security: Emergency Response of IEA Countries''. Rather than waiting for the completion of the current review cycle to renew this full publication, the IEA will provide updates to the country chapters as these become available following the specific country's review. The aim of series of publications is to provide an overview of the IEA oil emergency response system and a detailed look at the specific systems in each IEA country for responding to an oil supply crisis. The 2007 publication represented the findings of a five year review cycle of the emergency response mechanisms in IEA member countries. Since the 2007 publication, the IEA has started a new cycle of reviews which now includes reviewing gas emergency policies.

  15. Oil and Gas Emergency Policy: Hungary 2012 update

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2012-09-06

    This publication provides a detailed look at the specific systems in Hungary for responding to an oil supply crisis. In 2007, the IEA published ''Oil Supply Security: Emergency Response of IEA Countries''. Rather than waiting for the completion of the current review cycle to renew this full publication, the IEA will provide updates to the country chapters as these become available following the specific country's review. The aim of series of publications is to provide an overview of the IEA oil emergency response system and a detailed look at the specific systems in each IEA country for responding to an oil supply crisis. The 2007 publication represented the findings of a five year review cycle of the emergency response mechanisms in IEA member countries. Since the 2007 publication, the IEA has started a new cycle of reviews which now includes reviewing gas emergency policies.

  16. Oil and Gas Emergency Policy: Luxembourg 2010 update

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2011-07-01

    This publication provides a detailed look at the specific systems in Luxembourg for responding to an oil supply crisis. In 2007, the IEA published ''Oil Supply Security: Emergency Response of IEA Countries''. Rather than waiting for the completion of the current review cycle to renew this full publication, the IEA will provide updates to the country chapters as these become available following the specific country's review. The aim of series of publications is to provide an overview of the IEA oil emergency response system and a detailed look at the specific systems in each IEA country for responding to an oil supply crisis. The 2007 publication represented the findings of a five year review cycle of the emergency response mechanisms in IEA member countries. Since the 2007 publication, the IEA has started a new cycle of reviews which now includes reviewing gas emergency policies.

  17. Securitization of energy supply chains in China

    International Nuclear Information System (INIS)

    Leung, Guy C.K.; Cherp, Aleh; Jewell, Jessica; Wei, Yi-Ming

    2014-01-01

    Highlights: • Three sources of energy security risks, namely sovereignty, robustness and resilience, affect China’s energy chains. • Energy security issues in China both have shaped and at the same time were shaped by ideas and institutions. • China remains rigid with equating ‘security’ with ‘national security’ and the notion of “national” is socially constructed. • Powerful actors, such as Chinese NOCs, inclined to interpret the problem so that it fits their preferred solution. • Securitization of any energy supply chains results from their historical roots, system properties and institutional agents. - Abstract: Energy policies in China, the world’s largest energy consumer, are an important factor in shaping the global energy system. While scholars agree that energy security is a major driver of China’s energy policies, there is insufficient understanding of what exactly constitutes China’s energy security from the policy perspective. We apply recent insights from the Global Energy Assessment, particularly the idea of vital energy systems, and the securitization theory to propose a framework for explaining China’s energy security policies in their historic evolution. We pay specific attention to explaining how particular energy supply chains are constructed and securitized. We draw data from over 300 Chinese and over 100 English publications and 30 interviews with energy officials and experts in China. We demonstrate that China’s focus on vulnerabilities of its oil supply chain at the expense of improving the reliability of domestic electricity supply is not accidental. It has its roots in historic events, properties of energy systems, as well as the presence of powerful institutional agents interested in securitizing the oil supply chain but not other vital energy systems. We suggest that this focus on the oil supply chain is likely to be maintained in the future, possibly accompanied by increasing concerns over natural gas

  18. A performance measurement framework for the South African bulk export wine supply chain

    Directory of Open Access Journals (Sweden)

    Johan B. Smit

    2017-09-01

    Full Text Available Background: Many participants in the South African wine industry still exhibit low supply chain maturity in the management of their supply chains. This hampers export performance and ultimately client satisfaction. The development and tracking of appropriate metrics are key steps in improving supply chain performance. Objectives: The purpose of this study was to develop a performance measurement framework for the South African wine industry, focussing on the bulk export segment. Method: The framework was developed using an emergent multi-phased exploratory approach. The approach was implemented in two distinct phases, namely qualitative research followed by quantitative research in each of three iterations to develop and refine the framework. In each iteration, the qualitative research phase consisted of a literature survey, semi-structured and unstructured interviews and case studies, while the quantitative research phase consisted of the development, distribution, completion and analysis of the framework questionnaire, each iteration building on the framework outputs from the previous iteration. Results: The research highlighted that the wine supply chain performance of bulk exports is hindered by the lack of a measurement culture, hampering the identification and prioritisation of interventions. The creation of a performance measurement framework in conjunction with industry, and informed by the Supply Chain Operations Reference framework, creates a platform for the industry to address these challenges. Conclusion: The implementation of this framework will provide performance visibility for cellars in the wine industry. This would enable them to improve their logistics processes and increase their supply chain maturity, ultimately enabling benchmarking against competing supply chains both within South Africa and abroad, such as in Australia, Argentina and Chile.

  19. Improving Supply Chain Risk Management by Introducing Performance Measurement Systems

    OpenAIRE

    Ryding, Anna; Sahlin, Jonatan

    2013-01-01

    Supply chain risk management (SCRM) is a topic that gains more and more interest from both the academic and practitioner’s perspective. The reason for this is the increased complexity in the global supply chain (SC) networks and many managers do not realize the risks they build in their SC by the continuous search to cut cost and decrease tied up capital. One problem with SCRM is that it is hard to measure the performance of it and if it is really beneficial to work with it. The objective for...

  20. Should you trust your heavy oil viscosity measurement?

    Energy Technology Data Exchange (ETDEWEB)

    Nelson, L.; Miller, K.; Almond, R. [Petrovera Resources Ltd., Edmonton, AB (Canada)

    2003-07-01

    For the last 60 years, the heavy oil and bitumen reservoirs from western Canada have been exploited with varying degrees of success. There are many factors that may effect heavy oil and bitumen production rates. Primary production rates, which vary greatly from field to field, were found to improve with the addition of steam. Viscosity is the single most valued criteria in predicting cold production response from a new field. It is also the criteria used to determine whether thermal process are needed to reduce oil viscosity, or whether horizontal or vertical wells should be used. This study examined why production forecasts based on oil viscosity alone have been poor. It is based on an extensive data collection project in the Elk Point area reservoir which has lower than expected and erratic cold production rates. Viscosity values from the same wells were found to vary by a factor of four or more. One of the objectives of this study was to encourage commercial labs to develop an industry-wide standard method of heavy oil sample cleaning and viscosity measurement. It is generally understood that viscosity increases with an increase in the concentration of asphaltenes, but there is little information to quantify the relationship. Some studies suggest that viscosity increases logarithmically with increasing asphaltenes. It was concluded that the prediction of the viscosity of heavy oils and bitumens is very empirical, but there are ways to improve data comparisons and evaluation by applying available information from other scientific fields. 23 refs., 5 tabs., 6 figs.

  1. Energy security: it's not only oil. Increasing and replacing oil resources

    International Nuclear Information System (INIS)

    Mandil, C.; Appert, O.

    2006-01-01

    The security of energy supplies is once again right at the top of the list of energy policy subjects, following the political tensions in the Middle East, as well as major electricity failures of recent years, the hurricanes of August and September 2005 and the gas dispute between Russia and Ukraine. Even if the system of strategic oil stocks managed by the International Energy Agency has proved to be efficient, today keywords for guarding against the risks are diversification (of energy, of its sources, its suppliers and of its supply lines) and flexibility. Dialogue with the producers is essential. It will be difficult to find substitutes for hydrocarbons (oil and natural gas) in the short and medium terms to meet the needs of transport and for the petrochemical industry; they are likely to represent, in the order of two-thirds of the total demand for the world energy by the year 2030. In order to replace oil resources, taking account of all the risks of climate change, technological innovation will play a major role and should allow us to benefit from today potentially unreliable hydrocarbon supplies for many more years, allowing our society sufficient time to develop other sources of energy, and to do so at a cost that is acceptable to everybody. (authors)

  2. [Biocybernetic approach to the thermometric methods of blood supply measurements of periodontal tissues].

    Science.gov (United States)

    Pastusiak, J; Zakrzewski, J

    1988-11-01

    Specific biocybernetic approach to the problem of the blood supply determination of paradontium tissues by means of thermometric methods has been presented in the paper. The compartment models of the measuring procedure have been given. Dilutodynamic methology and classification has been applied. Such an approach enables to select appropriate biophysical parameters describing the state of blood supply of paradontium tissues and optimal design of transducers and measuring methods.

  3. A customer perspective on performance measurement in humanitarian supply chains

    OpenAIRE

    Schiffling, Sarah

    2013-01-01

    The increasing importance of services in SCM leads to a stronger focus on the customer perspective. Donors and beneficiaries are two distinct customer groups of humanitarian supply chains. This paper will analyse how this impacts performance measurement for example in the commonly used balanced scorecard, which includes a customer perspective. Keywords: Performance measurement, Humanitarian logistics, Customer perspective

  4. Emissions from oil and gas operations in the United States and their air quality implications.

    Science.gov (United States)

    Allen, David T

    2016-06-01

    The energy supply infrastructure in the United States has been changing dramatically over the past decade. Increased production of oil and natural gas, particularly from shale resources using horizontal drilling and hydraulic fracturing, made the United States the world's largest producer of oil and natural gas in 2014. This review examines air quality impacts, specifically, changes in greenhouse gas, criteria air pollutant, and air toxics emissions from oil and gas production activities that are a result of these changes in energy supplies and use. National emission inventories indicate that volatile organic compound (VOC) and nitrogen oxide (NOx) emissions from oil and gas supply chains in the United States have been increasing significantly, whereas emission inventories for greenhouse gases have seen slight declines over the past decade. These emission inventories are based on counts of equipment and operational activities (activity factors), multiplied by average emission factors, and therefore are subject to uncertainties in these factors. Although uncertainties associated with activity data and missing emission source types can be significant, multiple recent measurement studies indicate that the greatest uncertainties are associated with emission factors. In many source categories, small groups of devices or sites, referred to as super-emitters, contribute a large fraction of emissions. When super-emitters are accounted for, multiple measurement approaches, at multiple scales, produce similar results for estimated emissions. Challenges moving forward include identifying super-emitters and reducing their emission magnitudes. Work done to date suggests that both equipment malfunction and operational practices can be important. Finally, although most of this review focuses on emissions from energy supply infrastructures, the regional air quality implications of some coupled energy production and use scenarios are examined. These case studies suggest that both

  5. Assessment of the relationship between oil prices and US oil stocks

    International Nuclear Information System (INIS)

    Saif Ghouri, Salman

    2006-01-01

    This paper qualitatively and quantitatively analyzes the relationship between US monthly ending oil stocks position with that of West Texas Intermediate (WTI) oil prices from February 1995 to July 2004. The paper concludes if other things are held constant, WTI is inversely related to the petroleum products (PPP), combined petroleum products and crude oil (CPPP), crude oil alone (Crude), total oil stocks including petroleum products, crude oil and strategic petroleum reserves SPR (Total), total gasoline (TGO), total distillate (TDO). It could not establish a statistically significant and negative relationship with SPR when run alone. One percent increase (decrease) in CPPP, PPP, Crude, Total, TGO and TDO leads to decrease (increase) in WTI, respectively, by 0.70, 0.43, 0.37, 0.97, 0.26 and 0.21 percent. Oil prices are largely influenced by total crude and Crude and PPP inventories levels while modestly with variations in gasoline and distillate stocks levels. Despite a healthy increase of over 22 percent in SPR from January 2001 to April 2004, it did not result in easing of oil prices. Primarily because SPR are meant for security of supply concern and are only released under extreme conditions by the President of United States, they are neither meant for the purposes of balancing supply-demand gap nor for the stability of oil prices. The aggressive SPR buildup in recent years is related to international terrorism, geopolitical situation in the Middle East, particularly in Iraq, that encourages US government to enhance its SPR to meet any short-term eventuality. The analyst must keep a close eye on CPPP and the total oil stocks variation to forecast WTI in the short run whilst gasoline and distillate influence oil prices modestly in the short run. SPR, on the other hand, are expected to play a pivotal role in balancing oil prices and in providing a critical resource for the economy in case of any major shortfall in the long run

  6. Assessment of the relationship between oil prices and US oil stocks

    Energy Technology Data Exchange (ETDEWEB)

    Saif Ghouri, Salman [Business Environment Section, Corporate Planning Department, Qatar Petroleum, Doha (Qatar)]. E-mail: ghouri@qp.com.qa

    2006-11-15

    This paper qualitatively and quantitatively analyzes the relationship between US monthly ending oil stocks position with that of West Texas Intermediate (WTI) oil prices from February 1995 to July 2004. The paper concludes if other things are held constant, WTI is inversely related to the petroleum products (PPP), combined petroleum products and crude oil (CPPP), crude oil alone (Crude), total oil stocks including petroleum products, crude oil and strategic petroleum reserves SPR (Total), total gasoline (TGO), total distillate (TDO). It could not establish a statistically significant and negative relationship with SPR when run alone. One percent increase (decrease) in CPPP, PPP, Crude, Total, TGO and TDO leads to decrease (increase) in WTI, respectively, by 0.70, 0.43, 0.37, 0.97, 0.26 and 0.21 percent. Oil prices are largely influenced by total crude and Crude and PPP inventories levels while modestly with variations in gasoline and distillate stocks levels. Despite a healthy increase of over 22 percent in SPR from January 2001 to April 2004, it did not result in easing of oil prices. Primarily because SPR are meant for security of supply concern and are only released under extreme conditions by the President of United States, they are neither meant for the purposes of balancing supply-demand gap nor for the stability of oil prices. The aggressive SPR buildup in recent years is related to international terrorism, geopolitical situation in the Middle East, particularly in Iraq, that encourages US government to enhance its SPR to meet any short-term eventuality. The analyst must keep a close eye on CPPP and the total oil stocks variation to forecast WTI in the short run whilst gasoline and distillate influence oil prices modestly in the short run. SPR, on the other hand, are expected to play a pivotal role in balancing oil prices and in providing a critical resource for the economy in case of any major shortfall in the long run.

  7. South African oil dependency : geo-political, geo-economic and geo-strategic considerations

    OpenAIRE

    2012-01-01

    Ph.D. There is little research undertaken on the economic assessment of oil security of supply from the dimensions of geo-politics, geo-economics and geo-strategy. This study seeks to bridge the gap by providing new analytical and empirical work that captures the impact of geo-politics, geo-economics and geo-strategy on oil supply, consumption and price. This study is the first to define, analyse and contextualise the South African oil security of supply from a geo-political, geo-economic ...

  8. U.S. gas supply overview

    International Nuclear Information System (INIS)

    George, R.

    1999-01-01

    The most recent outlook by Purvin and Gertz regarding the long-term supply potential of oil and gas producing basins in the United States was presented. The role that technology will play in extending their economic reach was also discussed. The focus of this paper was on regional supply, inter regional gas flows and related issues such as pricing. A series of maps depicting production (in Tcf) of various basins in North America showed that the important supply sources are in the deepwater Gulf of Mexico, Rocky Mountains, onshore Texas and Canada. Natural gas pricing from 1990 to 2020 has been forecasted to steadily increase. 1 tab., 11 figs

  9. Petroleum supply monthly, April 1994

    Energy Technology Data Exchange (ETDEWEB)

    1994-04-01

    Data presented in the Petroleum Supply Monthly (PSM) describe the supply and disposition of petroleum products in the United States and major US geographical regions. The data series describe production, imports and exports, inter-Petroleum Administration for Defense (PAD) District movements, and inventories by the primary suppliers of petroleum products in the US. The reporting universe includes those petroleum sectors in primary supply. Included are: petroleum refiners, motor gasoline blenders, operators of natural gas processing plants and fractionators, inter-PAD transporters, importers, and major inventory holders of petroleum products and crude oil. When aggregated, the data reported by these sectors approximately represent the consumption of petroleum products in the US.

  10. A performance measurement framework for the South African bulk export wine supply chain

    OpenAIRE

    Johan B. Smit; Joubert van Eeden; Frances E. van Dyk

    2017-01-01

    Background: Many participants in the South African wine industry still exhibit low supply chain maturity in the management of their supply chains. This hampers export performance and ultimately client satisfaction. The development and tracking of appropriate metrics are key steps in improving supply chain performance. Objectives: The purpose of this study was to develop a performance measurement framework for the South African wine industry, focussing on the bulk export segment. Metho...

  11. Energy Demodulation Algorithm for Flow Velocity Measurement of Oil-Gas-Water Three-Phase Flow

    Directory of Open Access Journals (Sweden)

    Yingwei Li

    2014-01-01

    Full Text Available Flow velocity measurement was an important research of oil-gas-water three-phase flow parameter measurements. In order to satisfy the increasing demands for flow detection technology, the paper presented a gas-liquid phase flow velocity measurement method which was based on energy demodulation algorithm combing with time delay estimation technology. First, a gas-liquid phase separation method of oil-gas-water three-phase flow based on energy demodulation algorithm and blind signal separation technology was proposed. The separation of oil-gas-water three-phase signals which were sampled by conductance sensor performed well, so the gas-phase signal and the liquid-phase signal were obtained. Second, we used the time delay estimation technology to get the delay time of gas-phase signals and liquid-phase signals, respectively, and the gas-phase velocity and the liquid-phase velocity were derived. At last, the experiment was performed at oil-gas-water three-phase flow loop, and the results indicated that the measurement errors met the need of velocity measurement. So it provided a feasible method for gas-liquid phase velocity measurement of the oil-gas-water three-phase flow.

  12. Serbian oil sector: A new energy policy regulatory framework and development strategies

    International Nuclear Information System (INIS)

    Karovic Maricic, Vesna; Danilovic, Dusan; Lekovic, Branko

    2012-01-01

    Serbia has established a great part of new legislative and institutional framework as a basis for all energy sub-sectors' development in compliance with EU energy acquis. Main objectives of Serbian energy policy outlined in the new Energy Law are focused to increasing the energy supply security, energy efficiency, competitiveness of the energy market, use of renewable energy sources and environmental protection. Further steps of Serbia toward full EU membership concerning the new energy policy regulatory framework involve implementing and enforcing legislation. Besides considering the issue of Serbian energy policy and degree of its framework's alignment with the EU acquis, this paper provides an overview of new development strategies in the oil sector. The aim of Gazprom neft, a majority owner of the Petroleum industry of Serbia, is to increase crude oil production to 3 million tonnes, refining and sales volume of petroleum products to 5 million tonnes by 2020. Strategic development projects in crude oil and petroleum products transportation are: petroleum product pipeline construction in Serbia and Pan-European oil pipeline. The basic prerequisites for oil supply security, regarding the future high dependency of Serbian economy on imported oil, are establishment of the emergency oil stocks and diversification of supply sources. - Highlight: ► New energy policy regulatory framework significantly complied with EU acquis. ► Full EU membership requires implementing and enforcing new energy legislation. ► NIS-Gazpromneft has defined ambitious oil sector's development programmes to 2020. ► Supply security requires mandatory oil stocks and supply source diversification.

  13. Systematic bias in the measurement of water in oils by tubular oven evaporation and azeotropic distillation.

    Science.gov (United States)

    Margolis, S A; Mele, T

    2001-10-15

    Water in oil has been measured by tubular oven evaporation and by azeotropic distillation into a coulometric moisture analyzer. The results of these measurements were compared to the results obtained by volumetric titration of water in oil. The volumetric measurements were consistently higher than the measurements made by tubular oven evaporation or azeotropic distillation. A mass balance study was performed by volumetric Karl Fischer titration of the water in the oil that remained in the tubular oven and in the distillation apparatus. This study indicated that measurable amounts of water were not removed after exhaustive evaporation or distillation. The sum of the water removed by distillation from toluene and that remaining in the distillation chamber was equal to the amount of water measured in the oil by the volumetric method. The data are consistent with the existence of an oil-water azeotrope that does not release water upon evaporation at 160 degrees C or upon dissolution in toluene and distillation of the water-toluene azeotrope. These results were obtained for oils varying in viscosity from 8 to 850 m2/s, and the amount of water remaining associated with the oil appears to be dependent upon the composition of the oil and the method of analysis.

  14. Asian oil demand

    International Nuclear Information System (INIS)

    Fesharaki, F.

    2005-01-01

    This conference presentation examined global oil market development and the role of Asian demand. It discussed plateau change versus cyclical movement in the global oil market; supply and demand issues of OPEC and non-OPEC oil; if high oil prices reduce demand; and the Asian oil picture in the global context. Asian oil demand has accounted for about 50 per cent of the global incremental oil market growth. The presentation provided data charts in graphical format on global and Asia-Pacific incremental oil demand from 1990-2005; Asia oil demand growth for selected nations; real GDP growth in selected Asian countries; and, Asia-Pacific oil production and net import requirements. It also included charts in petroleum product demand for Asia-Pacific, China, India, Japan, and South Korea. Other data charts included key indicators for China's petroleum sector; China crude production and net oil import requirements; China's imports and the share of the Middle East; China's oil exports and imports; China's crude imports by source for 2004; China's imports of main oil products for 2004; India's refining capacity; India's product balance for net-imports and net-exports; and India's trade pattern of oil products. tabs., figs

  15. Using stockpile delegation to improve China's strategic oil policy: A multi-dimension stochastic dynamic programming approach

    International Nuclear Information System (INIS)

    Chen, Xin; Mu, Hailin; Li, Huanan; Gui, Shusen

    2014-01-01

    There has been much attention paid to oil security in China in recent years. Although China has begun to establish its own strategic petroleum reserve (SPR) to prevent potential losses caused by oil supply interruptions, the system aiming to ensure China's oil security is still incomplete. This paper describes and provides evidence for the benefits of an auxiliary strategic oil policy choice, which aims to strengthen China's oil supply security and offer a solution for strategic oil operations with different holding costs. In this paper, we develop a multi-dimension stochastic dynamic programming model to analyze the oil stockpile delegation policy, which is an intermediate policy between public and private oil stockpiles and is appropriate for the Chinese immature private oil stockpile sector. The model examines the effects of the oil stockpile delegation policy in the context of several distinct situations, including normal world oil market conditions, slight oil supply interruption, and serious oil supply interruption. Operating strategies that respond to different oil supply situations for both the SPR and the delegated oil stockpile were obtained. Different time horizons, interruption times and holding costs of delegated oil stockpiles were examined. The construction process of China's SPR was also taken into account. - Highlights: • We provided an auxiliary strategic oil policy rooted in Chinese local conditions. • The policy strengthen China's capability for preventing oil supply interruption. • We model to obtain the managing strategies for China's strategic petroleum reserve. • Both of the public and delegated oil stockpile were taken into consideration. • The three phase's construction process of China's SPR was taken into account

  16. Oil and Gas Emergency Policy: Korea 2011 update

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2011-07-01

    This publication provides a detailed look at the specific systems in the Republic of Korea for responding to an oil supply crisis. In 2007, the IEA published ''Oil Supply Security: Emergency Response of IEA Countries''. Rather than waiting for the completion of the current review cycle to renew this full publication, the IEA will provide updates to the country chapters as these become available following the specific country's review. The aim of series of publications is to provide an overview of the IEA oil emergency response system and a detailed look at the specific systems in each IEA country for responding to an oil supply crisis. The 2007 publication represented the findings of a five year review cycle of the emergency response mechanisms in IEA member countries. Since the 2007 publication, the IEA has started a new cycle of reviews which now includes reviewing gas emergency policies.

  17. The outlook for US oil dependence

    Energy Technology Data Exchange (ETDEWEB)

    Greene, D.L.; Jones, D.W.; Leiby, P.N.

    1995-05-11

    Market share OPEC lost in defending higher prices from 1979-1985 is being steadily regained and is projected to exceed 50% by 2000. World oil markets are likely to be as vulnerable to monopoly influence as they were 20 years ago, as OPEC regains lost market share. The U.S. economy appears to be as exposed as it was in the early 1970s to losses from monopoly oil pricing. A simulated 2-year supply reduction in 2005-6 boosts OPEC revenues by roughly half a trillion dollars and costs the U.S. economy an approximately equal amount. The Strategic Petroleum Reserve appears to be of little benefit against such a determined, multi-year supply curtailment either in reducing OPEC revenues or protecting the U.S. economy. Increasing the price elasticity of oil demand and supply in the U.S. and the rest of the world, however, would be an effective strategy.

  18. DHA-Containing Oilseed: A Timely Solution for the Sustainability Issues Surrounding Fish Oil Sources of the Health-Benefitting Long-Chain Omega-3 Oils

    Directory of Open Access Journals (Sweden)

    Soressa M. Kitessa

    2014-05-01

    Full Text Available Benefits of long-chain (≥C20 omega-3 oils (LC omega-3 oils for reduction of the risk of a range of disorders are well documented. The benefits result from eicosapentaenoic acid (EPA and docosahexaenoic acid (DHA; optimal intake levels of these bioactive fatty acids for maintenance of normal health and prevention of diseases have been developed and adopted by national and international health agencies and science bodies. These developments have led to increased consumer demand for LC omega-3 oils and, coupled with increasing global population, will impact on future sustainable supply of fish. Seafood supply from aquaculture has risen over the past decades and it relies on harvest of wild catch fisheries also for its fish oil needs. Alternate sources of LC omega-3 oils are being pursued, including genetically modified soybean rich in shorter-chain stearidonic acid (SDA, 18:4ω3. However, neither oils from traditional oilseeds such as linseed, nor the SDA soybean oil have shown efficient conversion to DHA. A recent breakthrough has seen the demonstration of a land plant-based oil enriched in DHA, and with omega-6 PUFA levels close to that occurring in marine sources of EPA and DHA. We review alternative sources of DHA supply with emphasis on the need for land plant oils containing EPA and DHA.

  19. DHA-Containing Oilseed: A Timely Solution for the Sustainability Issues Surrounding Fish Oil Sources of the Health-Benefitting Long-Chain Omega-3 Oils

    Science.gov (United States)

    Kitessa, Soressa M.; Abeywardena, Mahinda; Wijesundera, Chakra; Nichols, Peter D.

    2014-01-01

    Benefits of long-chain (≥C20) omega-3 oils (LC omega-3 oils) for reduction of the risk of a range of disorders are well documented. The benefits result from eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA); optimal intake levels of these bioactive fatty acids for maintenance of normal health and prevention of diseases have been developed and adopted by national and international health agencies and science bodies. These developments have led to increased consumer demand for LC omega-3 oils and, coupled with increasing global population, will impact on future sustainable supply of fish. Seafood supply from aquaculture has risen over the past decades and it relies on harvest of wild catch fisheries also for its fish oil needs. Alternate sources of LC omega-3 oils are being pursued, including genetically modified soybean rich in shorter-chain stearidonic acid (SDA, 18:4ω3). However, neither oils from traditional oilseeds such as linseed, nor the SDA soybean oil have shown efficient conversion to DHA. A recent breakthrough has seen the demonstration of a land plant-based oil enriched in DHA, and with omega-6 PUFA levels close to that occurring in marine sources of EPA and DHA. We review alternative sources of DHA supply with emphasis on the need for land plant oils containing EPA and DHA. PMID:24858407

  20. DHA-containing oilseed: a timely solution for the sustainability issues surrounding fish oil sources of the health-benefitting long-chain omega-3 oils.

    Science.gov (United States)

    Kitessa, Soressa M; Abeywardena, Mahinda; Wijesundera, Chakra; Nichols, Peter D

    2014-05-22

    Benefits of long-chain (≥C20) omega-3 oils (LC omega-3 oils) for reduction of the risk of a range of disorders are well documented. The benefits result from eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA); optimal intake levels of these bioactive fatty acids for maintenance of normal health and prevention of diseases have been developed and adopted by national and international health agencies and science bodies. These developments have led to increased consumer demand for LC omega-3 oils and, coupled with increasing global population, will impact on future sustainable supply of fish. Seafood supply from aquaculture has risen over the past decades and it relies on harvest of wild catch fisheries also for its fish oil needs. Alternate sources of LC omega-3 oils are being pursued, including genetically modified soybean rich in shorter-chain stearidonic acid (SDA, 18:4ω3). However, neither oils from traditional oilseeds such as linseed, nor the SDA soybean oil have shown efficient conversion to DHA. A recent breakthrough has seen the demonstration of a land plant-based oil enriched in DHA, and with omega-6 PUFA levels close to that occurring in marine sources of EPA and DHA. We review alternative sources of DHA supply with emphasis on the need for land plant oils containing EPA and DHA.

  1. Giant Oil Fields - The Highway to Oil: Giant Oil Fields and their Importance for Future Oil Production

    International Nuclear Information System (INIS)

    Robelius, Fredrik

    2007-01-01

    Since the 1950s, oil has been the dominant source of energy in the world. The cheap supply of oil has been the engine for economic growth in the western world. Since future oil demand is expected to increase, the question to what extent future production will be available is important. The belief in a soon peak production of oil is fueled by increasing oil prices. However, the reliability of the oil price as a single parameter can be questioned, as earlier times of high prices have occurred without having anything to do with a lack of oil. Instead, giant oil fields, the largest oil fields in the world, can be used as a parameter. A giant oil field contains at least 500 million barrels of recoverable oil. Only 507, or 1 % of the total number of fields, are giants. Their contribution is striking: over 60 % of the 2005 production and about 65 % of the global ultimate recoverable reserve (URR). However, giant fields are something of the past since a majority of the largest giant fields are over 50 years old and the discovery trend of less giant fields with smaller volumes is clear. A large number of the largest giant fields are found in the countries surrounding the Persian Gulf. The domination of giant fields in global oil production confirms a concept where they govern future production. A model, based on past annual production and URR, has been developed to forecast future production from giant fields. The results, in combination with forecasts on new field developments, heavy oil and oil sand, are used to predict future oil production. In all scenarios, peak oil occurs at about the same time as the giant fields peak. The worst-case scenario sees a peak in 2008 and the best-case scenario, following a 1.4 % demand growth, peaks in 2018

  2. Short Distance Standoff Raman Detection of Extra Virgin Olive Oil Adulterated with Canola and Grapeseed Oils.

    Science.gov (United States)

    Farley, Carlton; Kassu, Aschalew; Bose, Nayana; Jackson-Davis, Armitra; Boateng, Judith; Ruffin, Paul; Sharma, Anup

    2017-06-01

    A short distance standoff Raman technique is demonstrated for detecting economically motivated adulteration (EMA) in extra virgin olive oil (EVOO). Using a portable Raman spectrometer operating with a 785 nm laser and a 2-in. refracting telescope, adulteration of olive oil with grapeseed oil and canola oil is detected between 1% and 100% at a minimum concentration of 2.5% from a distance of 15 cm and at a minimum concentration of 5% from a distance of 1 m. The technique involves correlating the intensity ratios of prominent Raman bands of edible oils at 1254, 1657, and 1441 cm -1 to the degree of adulteration. As a novel variation in the data analysis technique, integrated intensities over a spectral range of 100 cm -1 around the Raman line were used, making it possible to increase the sensitivity of the technique. The technique is demonstrated by detecting adulteration of EVOO with grapeseed and canola oils at 0-100%. Due to the potential of this technique for making measurements from a convenient distance, the short distance standoff Raman technique has the promise to be used for routine applications in food industry such as identifying food items and monitoring EMA at various checkpoints in the food supply chain and storage facilities.

  3. Retinal Layers Measurements following Silicone Oil Tamponade for Retinal Detachment Surgery.

    Science.gov (United States)

    Jurišić, Darija; Geber, Mia Zorić; Ćavar, Ivan; Utrobičić, Dobrila Karlica

    2017-12-19

    This study aimed to investigate the influence of silicone oil on the retinal nerve fiber layer (RNFL) thickness in patients with primary rhegmatogenous retinal detachment who underwent vitreoretinal surgery. The study included 47 patients (eyes), who underwent a pars plana vitrectomy with the silicone oil tamponade. The control group included unoperated eye of all participants. Spectral-domain optical coherence tomography (SD-OCT) was used for the measurements of peripapilar and macular RNFL thickness. The average peripapillary RNFL thickness was significantly higher in the silicone oil filled eyes during endotamponade and after its removal. The eyes with elevated IOP had less thickening of the RNFL in comparison to the eyes with normal IOP. Central macular thickness and macular volume were decreased in the silicone oil filled eyes in comparison to the control eyes. In conclusion, silicone oil caused peripapilar RNFL thickening in the vitrectomized eyes during endotamponade and after silicone oil removal.

  4. Displacement of oil by gas in power production

    International Nuclear Information System (INIS)

    Sundram, S.; Seng, L.K.; Kow, P.T.A.

    1992-01-01

    After the oil crises, Malaysia unveiled its four fuel diversification policy in the late 1970s towards utilization of gas, oil, coal and hydro. This was to ensure adequate and continuous energy supply for driving economic development and to cushion itself against impact of possible future fluctuations in oil prices. The primary energy supply in 1978 was predominantly oil based, consisting of 75.5% oil. As a result of this diversification policy, the oil component was reduced to about 51.8% in 1988. Due to its inherent ability to adapt and adjust to different fuels, the power sector played a crucial role in this massive shift away from oil. For the corresponding period, the oil component in the electricity generation input mix has decreased from 86.7% oil to 47.4%. Malaysia is endowed with substantial natural gas reserves amounting to 52.5 trillion cubic feet. Gas, therefore constitutes a natural and attractive option for the power sector in diversifying into non-oil indigenous energy resources, as the country's hydro potential has its limitations and the available proven coal reserves are relatively small. The paper addresses the past and current status and issues involved in displacing oil by gas for the power sector. These include the economic, technological and pricing aspects of natural gas development and issues pertaining to power system development. Future gas utilization strategies include the conversion of existing oil-fired plants to gas-fired, and the plant-up of gas turbines and the efficient combined cycle plants to meet the load requirements. These strategies are assessed from the viability and security perspective of increased gas utilization. Oil will continue to be displaced, but the extent to which gas will increase its share in power production is dependent on numerous factors ranging from its economics to supply security

  5. Propane supply picture: North American perspective

    International Nuclear Information System (INIS)

    Horner, N.

    1992-01-01

    An overview is presented of the North American propane supply and demand situation. Propane has a distribution network in place and a well established market. North America is virtually self-sufficient in propane with a market of over 1,000,000 bbl/d. Approximately 80% of Canada's propane supply is produced at gas plants in western Canada as a byproduct of natural gas production. The expansion in natural gas markets will mean that propane supply will rise further, unlike crude oil. Canada's daily supply of nearly 160,000 bbl is used for heating (30%), transport (12%), petrochemicals (7.8%), and enhanced oil recovery (4.7%), with the remainder being exported. Propane surpluses are expected to grow, between 70,000 and 100,000 bbl/d in the next 5 years. Nearly 30% of North America's demand for propane is in the petrochemical industry, for which various other feedstocks can be substituted. An availability of over 400,000 bbl/d could fuel ca 5 million vehicles. Only natural gas has a comparable infrastructure and this suffers from high utilization pressure and poor energy density. Wholesale propane is now available at under 9 cents/liter, significantly below the projected ethanol price of 18 cents/liter, which excludes grain feedstock or capital cost. 8 refs., 6 figs

  6. Petroleum Supply Monthly

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1996-02-01

    The Petroleum Supply Monthly (PSM) is one of a family of four publications produced by the Petroleum Supply Division within the Energy Information Administration (EIA) reflecting different levels of data timeliness and completeness. The other publications are the Weekly Petroleum Status Report (WPSR), the Winter Fuels Report, and the Petroleum Supply Annual (PSA). Data presented in the PSM describe the supply and disposition of petroleum products in the United States and major U.S. geographic regions. The data series describe production, imports and exports, inter-Petroleum Administration for Defense (PAD) District movements, and inventories by the primary suppliers of petroleum products in the United States (50 States and the District of Columbia). The reporting universe includes those petroleum sectors in primary supply. Included are: petroleum refiners, motor gasoline blenders, operators of natural gas processing plants and fractionators, inter-PAD transporters, importers, and major inventory holders of petroleum products and crude oil. When aggregated, the data reported by these sectors approximately represent the consumption of petroleum products in the United States. Data presented in the PSM are divided into two sections: Summary Statistics and Detailed Statistics.

  7. 77 FR 39745 - Fuel Oil Systems for Emergency Power Supplies

    Science.gov (United States)

    2012-07-05

    ... fuel oil systems for safety-related emergency diesel generators and oil-fueled gas turbine generators... Commission, Washington, DC 20555-0001. Fax comments to: RADB at 301-492-3446. For additional direction on... New Reactors, U.S. Nuclear Regulatory Commission, Washington, DC 20555-0001, telephone: 301-415-8503...

  8. Cost-effective ERT technique for oil-in-water measurement for offshore hydrocyclone installations

    DEFF Research Database (Denmark)

    Durdevic, Petar; Hansen, Leif; Mai, Christian

    2015-01-01

    The goal of this paper is to introduce and design a cost-effective Oil-in-Water (OiW) measuring instrument, which will be investigated for its value in increasing the efficiency of a deoiling hydrocyclone. The technique investigated is based on Electrical Resistivity Tomography (ERT), which basic...... principle is to measure the resistivity of substances from multiple electrodes and from these measurements create a 2-D image of the oil and gas component in the water. This technique requires the measured components to have different electrical resistances, such as seawater which has a lower electrical...... resistance than hydrocarbon oil and gas. This work involves construction of a pilot plant, for testing the feasibility of ERT for OiW measurements, and further exploring if this measured signal can be applied as a reliable feedback signal in optimization of the hydrocyclone's efficiency. Different algorithms...

  9. Cost-Effective ERT Technique for Oil-in-Water Measurement for Offshore Hydrocyclone Installations

    DEFF Research Database (Denmark)

    Løhndorf, Petar Durdevic; Hansen, Leif; Mai, Christian

    2015-01-01

    The goal of this paper is to introduce and design a cost-effective Oil-in-Water (OiW) measuring instrument, which will be investigated for its value in increasing the efficiency of a deoiling hydrocyclone. The technique investigated is based on Electrical Resistivity Tomography (ERT), which basic...... principle is to measure the resistivity of substances from multiple electrodes and from these measurements create a 2-D image of the oil and gas component in the water. This technique requires the measured components to have different electrical resistances, such as seawater which has a lower electrical...... resistance than hydrocarbon oil and gas. This work involves construction of a pilot plant, for testing the feasibility of ERT for OiW measurements, and further exploring if this measured signal can be applied as a reliable feedback signal in optimization of the hydrocyclone's efficiency. Different algorithms...

  10. Coal and Oil: The Dark Monarchs of Global Energy: Understanding Supply and Extraction Patterns and their Importance for Future Production

    International Nuclear Information System (INIS)

    Hoeoek, Mikael

    2010-01-01

    from only 6 countries. Some of them, such as the USA show signs of increasing maturity and exhaustion of the recoverable amounts. However, there is a greater uncertainty about the recoverable reserves and coal production may yield a global maximum somewhere between 2030 and 2060. This analysis shows that the global production peaks of both oil and coal can be expected comparatively soon. This has significant consequences for the global energy supply and society, economy and environment. The results of this thesis indicate that these challenges should not be taken lightly

  11. Petroleum substitution energy measuring analysis survey; Sekiyu daitai energy keiryo bunseki chosa

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1998-03-01

    For analytical evaluation of effects of environmental protection measures, energy conservation measures, new energy promotion measures, etc., a very-long term energy supply/demand model was developed and used for a simulational study. The model is composed of the models of macro economics, secondary energy prices, new energy introduction, and energy supply/demand. The feature is that the amount of new energy introduction is measuringly analyzed based on the cost and market scale, and integratedly estimated in a frame of energy supply/demand of the whole Japan. As a result of the simulation, energy source as of 2030 is composed of coal (17%), oil (44%) and nuclear power (15%) in the case of the economic growth as viewed optimistically. Contrarily, in the case of it as viewed pesimistically, energy source is composed of coal (11%), oil (40%) and nuclear power (22%). CO2 emission is -12.4% in the case of the new energy promotion than in the standard case. 7 refs., 79 figs., 107 tabs.

  12. Proceedings of the CERI 2006 oil conference : tight as a drum

    International Nuclear Information System (INIS)

    2006-01-01

    Since 2004, the tight world oil market throughout the entire supply chain has been reflected in high and volatile prices for premium crude, wide crude quality differentials, and high refining margins. This oil conference was attended by international energy experts who addressed these, and other important issues affecting market developments. In addition to issues affecting world oil prices in the short-term as well as long-term world oil demand, the presentations addressed oil supply potential and oil price differentials. Geopolitical hotspots affecting the market were also discussed along with markets for Canadian oil and factors that could impede Alberta's oil sands development, including transportation options for oil sands operators. The conference featured 23 presentations, of which 2 have been catalogued separately for inclusion in this database. refs., tabs., figs

  13. Oil outlook to 2005

    International Nuclear Information System (INIS)

    Shihab-Eldin, Adnan; Hamel, Mohamed; Brennand, Garry

    2004-01-01

    This paper presents the OPEC Secretariat's latest outlook to 2025 for oil supply and demand. The results have been developed using the OPEC World Energy Model, OWEM. The next two decades are expected to see increases in energy demand met predominantly by fossil fuels, with oil set to continue to maintain its major role. There is also a clear expectation that the oil resource base is sufficiently abundant to satisfy this demand growth. Global oil demand rises in the reference case by 12 million barrels per day to 89 mb/d from 2002 to 2010, an average annual growth rate of 1.5 mb/d, or 1.8 per cent per annum, over the period. In the following decade, demand grows by a further 17 mb/d to 106 mb/d by 2020, and then by another 9 mb/d to 115 mb/d by 2025. Almost three-quarters of the increase in demand over the period 2002-25 comes from developing countries. In the short-to-medium term, overall non-OPEC supply is expected to continue to increase - rising to a plateau of 55-57 mb/d in the post-2010 period. The key sources for the increase in non-OPEC supply will be Latin America, Africa, Russia and the Caspian. In the longer term, OPEC will increasingly be called upon to supply the incremental barrel. Uncertainties over future economic growth, government policies and the rate of development and diffusion of newer technologies raise questions over the future scale of investment that will be required. These uncertainties, coupled with long lead times, inevitably complicate the task of maintaining market stability. Medium-term prospects suggest that there is a need to ensure that spare capacity is not too high and that it is consistent with sustained market stability. There are genuine risks of downward pressure on oil prices, and this could sow the seeds of instability. (Author)

  14. Oil outlook to 2025

    International Nuclear Information System (INIS)

    Adnan Shihab-Eldin; Mohamed Hamel; Brennand, G.

    2004-01-01

    This paper presents the OPEC Secretariat's latest outlook to 2025 for oil supply and demand. The results have been developed using the OPEC World Energy Model, OWEM. The next two decades are expected to see increases in energy demand met predominantly by fossil fuels, with oil set to continue to maintain its major role. There is also a clear expectation that the oil resource base is sufficiently abundant to satisfy this demand growth. Global oil demand rises in the reference case by 12 million barrels per day to 89 mb/d from 2002 to 2010, an average annual growth rate of 1.5 mb/d, or 1.8 per cent per annum, over the period. In the following decade, demand grows by a further 17 mb/d to 106 mb/d by 2020, and then by another 9 mb/d to 115 mb/d by 2025. Almost three-quarters of the increase in demand over the period 2002-25 comes from developing countries. In the short-to-medium term, overall non-OPEC supply is expected to continue to increase - rising to a plateau of 55-57 mb/d in the post-2010 period. The key sources for the increase in non-OPEC supply will be Latin America, Africa, Russia and the Caspian. In the longer term, OPEC will increasingly be called upon to supply the incremental barrel. Uncertainties over future economic growth, government policies and the rate of development and diffusion of newer technologies raise questions over the future scale of investment that will be required. These uncertainties, coupled with long lead times, inevitably complicate the task of maintaining market stability. Medium-term prospects suggest that there is a need to ensure that spare capacity is not too high and that it is consistent with sustained market stability. There are genuine risks of downward pressure on oil prices, and this could sow the seeds of instability. [Author

  15. Balanced framework for measuring performance of supply chains in house building

    NARCIS (Netherlands)

    Halman, Johannes I.M.; Voordijk, Johannes T.

    2012-01-01

    Despite its importance, performance measurement of supply chains of house building firms has not received much attention yet in academic literature. The objective of this study is to develop a framework to measure this performance. In a first step, a comprehensive framework is developed composed of

  16. 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.

  17. Petroleum supply annual, 1997. Volume 1

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1998-06-01

    The Petroleum Supply Annual (PSA) contains information on the supply and disposition of crude oil and petroleum products. The publication reflects data that were collected from the petroleum industry during 1997 through annual and monthly surveys. The PSA is divided into two volumes. This first volume contains three sections: Summary Statistics, Detailed Statistics, and Refinery Statistics; each with final annual data. The second volume contains final statistics for each month of 1997, and replaces data previously published in the Petroleum Supply Monthly (PSM). The tables in Volumes 1 and 2 are similarly numbered to facilitate comparison between them. 16 figs., 48 tabs.

  18. Petroleum supply annual 1992: Volume 1

    International Nuclear Information System (INIS)

    1993-01-01

    The Petroleum Supply Annual (PSA) contains information on the supply and disposition of crude oil and petroleum products. The publication reflects data that were collected from the petroleum industry during 1992 through annual and monthly surveys. The PSA is divided into two volumes. This first volume contains four sections: Summary Statistics, Detailed Statistics, Refinery Capacity and Oxygenate Capacity each with final annual data. The second volume contains final statistics for each month of 1992, and replaces data previously published in the Petroleum Supply Monthly (PSM). The tables in Volumes 1 and 2 are similarly numbered to facilitate comparison between them

  19. Petroleum supply annual, 1997. Volume 1

    International Nuclear Information System (INIS)

    1998-06-01

    The Petroleum Supply Annual (PSA) contains information on the supply and disposition of crude oil and petroleum products. The publication reflects data that were collected from the petroleum industry during 1997 through annual and monthly surveys. The PSA is divided into two volumes. This first volume contains three sections: Summary Statistics, Detailed Statistics, and Refinery Statistics; each with final annual data. The second volume contains final statistics for each month of 1997, and replaces data previously published in the Petroleum Supply Monthly (PSM). The tables in Volumes 1 and 2 are similarly numbered to facilitate comparison between them. 16 figs., 48 tabs

  20. Secure energy supply without coal and nuclear power?

    International Nuclear Information System (INIS)

    Clement, W.

    2008-01-01

    The future of energy policy and energy supply is determined by the rising global demand for every kind of energy. Europe is being confronted with an ever growing dependence on imported oil and gas. We thus fall victim to the volatile ups and downs of oil and gas prices on the world markets. These risks to industry, and thus to jobs, are simply underrated, even ignored, in this country. Challenges of this kind require strategic solutions instead of case-by-case decisions which, in addition, more often than not are based on emotion rather than facts. Finding strategic solutions means that we must use all our scientific, technological and industrial potentials to achieve our ambitious goals in climate policy. We must use energy as intelligently as possible, i.e., we must develop and, above all, use CO 2 -free coal-fired power plants, safe nuclear power, renewable energy sources, and take measures to ensure a highly efficient management of energy. Only those four-pronged approach will enable us to ensure optimally competition, continuity of supply, and protection of the environment and the climate. Those who negate or ignore this interrelation are bound to fail in economic and ecological reality. (orig.)

  1. The effects of oil price shocks on output and inflation in China

    International Nuclear Information System (INIS)

    Zhao, Lin; Zhang, Xun; Wang, Shouyang; Xu, Shanying

    2016-01-01

    Crude oil price shocks derive from many sources, each of which may bring about different effects on macro-economy variables and require completely different designs in macro-economic policy; thus, distinguishing the sources of oil price fluctuations is crucial when evaluating these effects. This paper establishes an open-economy dynamic stochastic general equilibrium (DSGE) model with two economies: China and the rest of the world. To assess the effects of oil price shocks, the CES production function is extended by adding oil as an input. Based on the model, the effects of four types of oil price fluctuations are evaluated. The four types of oil price shocks are supply shocks driven by political events in OPEC countries, other oil supply shocks, aggregate shocks to the demand for industrial commodities, and demand shocks that are specific to the crude oil market. Simulation results indicate the following: Oil supply shocks driven by political events mainly produce short-term effects on China's output and inflation, while the other three shocks produce relatively long-term effects; in addition, demand shocks that are specific to the crude oil market contribute the most to the fluctuations in China's output and inflation.

  2. The oil markets: A vision

    International Nuclear Information System (INIS)

    Miras Salamanca, P.

    2007-01-01

    Although oil markets show high levels of volatility, governments and institutions are much more concern with the problem of security of supply. Fundamental drivers of these markets vary from global questions (such as the balance between world supply and demand or the geopolitical situation), to national and local issues (regulation, industry structure and the cost chain in a given market). Global factors account for the lions share of the final price. Therefore, price variations of oil products tend to be similar in different environment. However, regulators and competition watchdogs should put special attention to supervise smaller areas, where specific problems could occur. (Author)

  3. Oil and Gas Emergency Policy: New Zealand 2010 update

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2011-07-01

    This publication provides a detailed look at the specific systems in New Zealand for responding to an oil supply crisis. In 2007, the IEA published ''Oil Supply Security: Emergency Response of IEA Countries''. Rather than waiting for the completion of the current review cycle to renew this full publication, the IEA will provide updates to the country chapters as these become available following the specific country's review. The aim of series of publications is to provide an overview of the IEA oil emergency response system and a detailed look at the specific systems in each IEA country for responding to an oil supply crisis. The 2007 publication represented the findings of a five year review cycle of the emergency response mechanisms in IEA member countries. Since the 2007 publication, the IEA has started a new cycle of reviews which now includes reviewing gas emergency policies.

  4. Energy economics and supply

    International Nuclear Information System (INIS)

    Anon.

    1977-01-01

    This section of the book, Part I, consists of four chapters (1--4). Chapter 1, Energy and the Economic Future, covers the following subjects: general economics of energy; predicting energy demand; a model of energy and the economy; and interpretations. Chapter 2, Uranium and Fossil Fuel Supplies, covers the following subjects: uranium resources; oil and gas supplies; coal resources. Chapter 3, Economics of Nuclear Power, covers information on sources of uncertainty; cost of nuclear power; cost of coal-generated electricity. Chapter 4, Alternative Energy Sources, sums information on solar energy, geothermal energy, fusion power, conservation, and transmission

  5. Robust Optimization on Regional WCO-for-Biodiesel Supply Chain under Supply and Demand Uncertainties

    Directory of Open Access Journals (Sweden)

    Yong Zhang

    2016-01-01

    Full Text Available This paper aims to design a robust waste cooking oil- (WCO- for-biodiesel supply chain under WCO supply and price as well as biodiesel demand and price uncertainties, so as to improve biorefineries’ ability to cope with the poor environment. A regional supply chain is firstly introduced based on the biggest WCO-for-biodiesel company in Changzhou, Jiangsu province, and it comprises three components: WCO supplier, biorefinery, and demand zone. And then a robust mixed integer linear model with multiple objectives (economic, environmental, and social objectives is proposed for both biorefinery location and transportation plans. After that, a heuristic algorithm based on genetic algorithm is proposed to solve this model. Finally, the 27 cities in Yangtze River delta are adopted to verify the proposed models and methods, and the sustainability and robustness of biodiesel supply are discussed.

  6. Energy conservation and oil substitution at a dairy company

    Energy Technology Data Exchange (ETDEWEB)

    1983-10-01

    Energy consumption data at the Bay of Islands Co-Operative Dairy Company for the 1980-1981 season were collected and analyzed according to energy demand and supply. Although oil consumption had been significantly reduced in the last few years, it was still a disproportionately large item in the energy budget. Given the existing coal handling facilities it seemed feasible to completely eliminate the need for oil except as a standby fuel. The study examined various options and three measures were proposed to achieve this goal. These were: (1) addition of two effects to the main evaporator, (2) replacement of the oil-fired spray drying air heater with steam coils, and (3) installation of coal-fired low pressure hot water boilers and associated pipework.

  7. The Outlook for U.S. Oil Dependence

    Energy Technology Data Exchange (ETDEWEB)

    Greene, D.L.

    1995-01-01

    Market share OPEC lost in defending higher prices from 1979-1985 is being steadily regained and is projected to exceed 50% by 2000. World oil markets are likely to be as vulnerable to monopoly influence as they were 20 years ago, as OPEC regains lost market share. The US economy appears to be as exposed as it was in the early 1970s to losses from monopoly oil pricing. A simulated 2-year supply reduction in 2005-6 boosts OPEC revenues by roughly half a trillion dollars and costs the US economy an approximately equal amount. The Strategic Petroleum Reserve appears to be of little benefit against such a determined, multi-year supply curtailment either in reducing OPEC revenues or protecting the US economy. Increasing the price elasticity of oil demand and supply in the US and the rest of the world, however, would be an effective strategy.

  8. Dynamic Oil Consumption Measurement of Internal Combustion Engines using Laser Spectroscopy.

    Science.gov (United States)

    Sellmeier, Stefan; Alonso, Eduardo; Boesl, Ulrich

    2014-01-07

    A new approach has been developed to measure dynamic consumption of lubricant oil in an internal combustion engine. It is based on the already known technique where sulfur is used as a natural tracer of the engine oil. Since ejection of motor oil in gaseous form into the exhaust is by far the main source of engine oil consumption, detection of sulfur in the exhaust emission is a valuable way to measure engine oil consumption in a dynamic way. In earlier approaches, this is done by converting all sulfur containing chemical components into SO2 by thermal pyrolysis in a high temperature furnace at atmospheric pressure. The so-formed SO2 then is detected by broadband-UV-induced fluorescence or mass spectrometric methods. The challenge is to reach the necessary detection limit of 50 ppb. The new approach presented here includes sulfur conversion in a low-pressure discharge cell and laser-induced fluorescence with wavelength and fluorescence lifetime selection. A limit of detection down to 10 ppb at a temporal resolution in the time scale of few seconds is reached. Extensive, promising studies have been performed at a real engine test bench. Future developments of a compact, mobile device based on these improvements are discussed.

  9. The sustainability and performance measurement on supply chain in services industry: A literature review

    Science.gov (United States)

    Leksono, Eko Budi; Suparno, Vanany, Iwan

    2017-11-01

    The services industry growth has been significant relation with economic growth. A new paradigm is needed for services sector development. The supply chain and performance measurement able to sustain of services industry growth. The supply chain implementation in the services industry called service supply chain (SSC). The globalization and stakeholder pressure makes operation of SSC should more attention to sustainability issue which consists of economic, social and environment simultaneously on SSC. Furthermore, services industry can develop by implementation of the sustainable SSC and its performance measurement. The sustainable SSC implementation can minimize of negative operation effect to environment and social, and maximize of profit. Sustainable service supply chain performance measurements (SSSCPM) are still less explored. The purpose of this paper is to review the literature in the field SSC, SSSC, SSC performance measurement (SSCPM) and SSSCPM for identification of the SSSCPM frameworks and indicators. Beside, the result of review able to look opportunities for develop a new framework for SSSCPM at the operational level, tactical and strategic, multiplayer and close loop, the effectiveness of the integration and development of modeling and simulation for evaluation in the future.

  10. Proceedings of the CERI 2003 World Oil Conference : What lies beneath? CD-ROM ed.

    International Nuclear Information System (INIS)

    2003-01-01

    The 22 presentations at this conference reflected recent developments in the international petroleum industry with particular focus on the outlook of world energy markets and prospects for oil supply and reserves. Topics of discussion included the industry structure, development and operating costs, international spending, the expansion of world oil markets, market access, as well as new technology development and application. The papers also covered environmental issues such as climate change and the responsible use of water. The conference provided an opportunity for participants to discuss issues regarding oil supply and demand, oil prices, Canada's oil sands, and what role non-conventional oil plays in the current marketplace. The conference was divided into 7 sessions entitled: (1) outlook for oil prices, (2) global oil supplies, (3) oil and money, (4) downstream issues, (5) markets for Canadian bitumen and synthetics, (6) Canada's east coast, and (7) the geopolitical landscape. Three papers were indexed separately for inclusion in the database. tabs., figs

  11. Equipment for measuring pulsed supply of the 400 GeV CERN accelerator

    CERN Document Server

    Aubry, G; De Vries, J

    1977-01-01

    Describes the energy measuring equipment for metering the pulsed supply to the CERN proton synchrotron which is under design and development by Landis and Gyr in association with Electricity' de France. The design will take into account the shape of the load curve and the tariff structure of the supply company. It will include solid state metering, a mini-computer and telemetering equipment. (2 refs).

  12. Oil information 2006 - with 2005 data

    International Nuclear Information System (INIS)

    2006-01-01

    This publication serves as a comprehensive reference book on current developments in oil supply and demand. The first part contains key data on world production, trade, prices and consumption of major oil product groups, with time series back to the early 1970s.The second part gives a more detailed and comprehensive picture of oil supply, demand, trade, production and consumption by end-user for each OECD country individually and for the OECD regions. Trade data are reported extensively by origin and destination. The book/CD is one of a series of annual IEA statistical publications on major energy sources. The CD-ROM and on-line service contain detailed time series from 1960 to 2005 (end-use data only up to 2004)

  13. Electricity/oil substitution

    International Nuclear Information System (INIS)

    Melvin, J.G.

    1980-09-01

    The extent to which electricity could substitute for imported oil in Canada is assessed and it is concluded that the bulk of projected oil imports could be displaced. This substitution of electricity for oil could be largely completed within two decades, with existing technology, using Canadian resources. The substitution of electricity for imported oil would result in relatively low energy costs and would stimulate economic growth. Energy self-sufficiency through the substitution of electricity for oil is uniquely a Canadian option; it is not open to other industrial countries. The option exists because of Canada's resources of oil sands for essential liquid fuels, hydraulic and nuclear electrical potential, and natural gas as an interim source of energy. While other countries face an energy crisis due to declining supplies of oil, Canada faces opportunities. The policies of Federal and Provincial governments, as perceived by individual decision makers, will have a major influence on Canada's ability to realize opportunities. (auth)

  14. Changes in the world market in oil and oil refinements

    International Nuclear Information System (INIS)

    Ristik, Julija

    1996-01-01

    Since 1980's the world market for crude oil and oil products has faced significant changes that are going to have a grate influence on the supply and consumption of crude oil derivatives in Macedonia. The knowledge of these changes would have a grate contribution in planning the future development of this part of the energetic system of Macedonia. The purpose of this paper (which is a short version of the introductory report for the ZEMAK session with a theme 'Energetic policy and development of energetics in Macedonia') is to present the actual situation on the market for crude oil products, as well as to give the main factors that would have influence on this market in the future. (author). 4 refs., 3 ills

  15. Oil flow rate measurements using 198Au and total count technique

    International Nuclear Information System (INIS)

    Goncalves, Eduardo R.; Crispim, Verginia R.

    2013-01-01

    In industrial plants, oil and oil compounds are usually transported by closed pipelines with circular cross-section. The use of radiotracers in oil transport and processing industrial facilities allows calibrating flowmeters, measuring mean residence time in cracking columns, locate points of obstruction or leak in underground ducts, as well as investigating flow behavior or industrial processes such as in distillation towers. Inspection techniques using radiotracers are non-destructive, simple, economic and highly accurate. Among them, Total Count, which uses a small amount of radiotracer with known activity, is acknowledged as an absolute technique for flow rate measurement. A viscous fluid transport system, composed by four PVC pipelines with 13m length (12m horizontal and 1m vertical) and 1/2, 3/4, 1 and 2-inch gauges, respectively, interconnected by maneuvering valves was designed and assembled in order to conduct the research. This system was used to simulate different flow conditions of petroleum compounds and for experimental studies of flow profile in the horizontal and upward directions. As 198 Au presents a single photopeak (411,8 keV), it was the radioisotope chosen for oil labeling, in small amounts (6 ml) or around 200 kBq activity, and it was injected in the oil transport lines. A NaI scintillation detector 2'x 2', with well-defined geometry, was used to measure total activity, determine the calibration factor F and, positioned after a homogenization distance and interconnected to a standardized electronic set of nuclear instrumentation modules (NIM), to detect the radioactive cloud. (author)

  16. Record prices [crude oil

    International Nuclear Information System (INIS)

    Anon

    2006-01-01

    Crude oil prices climbed to new record levels on fears of a future loss of supplies from Iran as Washington stepped up its efforts to persuade Tehran to abandon its programme to produce nuclear fuel. IPE's December Brent contract set a new record for the exchange by trading at $75.80/bbl on 21st April. On the same day October WTI reached an all-time high of $77.30/bbl on Nymex. US product prices gained as refiners struggled to produce sufficient middle distillate. Alarmed by the rising retail price of gasoline, the US Senate debated a reduction in the already low US tax rate on motor spirit. The House of Representatives passed a measure to prohibit overcharging for petrol, diesel and heating oil, but Democrats rejected a Republican proposal to speed-up the process for approving new refineries. President George W Bush announced a temporary easing of new gasoline and diesel specifications (see 'Focus', March 2006) to allow more fuel to be produced. He also agreed to delay the repayment of some 2.1 mn bbl of crude oil lent to companies after last year's hurricanes from the Strategic Petroleum Reserve. California announced an inquiry into alleged overcharging for fuel by oil companies operating in the state. (author)

  17. Oil Trade and Climate Policy

    OpenAIRE

    Malik Curuk; Suphi Sen

    2015-01-01

    It has been argued that a depletable resource owner might optimally increase near-term supply in response to environmental policies promoting the development of alternative resources, which might render climate policy ineffective or even counterproductive. This paper empirically confirms this prediction using data on crude oil exports from OPEC to OECD countries between 2001-2010 in a gravity framework. It documents that oil exporters decrease prices and increase quantity of oil exports in re...

  18. Modelling oil exploration

    International Nuclear Information System (INIS)

    Padilla, V.R.

    1992-01-01

    The analysis of oil exploration models in this paper is developed in four parts. The way in which exploration has been dealt with in oil supply models is first described. Five recent models are then looked at, paying particular attention to the explanatory variables used when modelling exploration activities. This is followed by a discussion of the factors which have been shown by several empirical studies to determine exploration in less developed countries. Finally, the interdependence between institutional factors, oil prices and exploration effort is analysed with a view to drawing conclusions for modelling in the future. (UK)

  19. On the Impact of Policy Uncertainty on Oil Prices: An Asymmetry Analysis

    Directory of Open Access Journals (Sweden)

    Mohsen Bahmani-Oskooee

    2018-01-01

    Full Text Available Previous research has assessed the impact of policy uncertainty on a few macro variables. In this paper, we consider its impact on oil prices. Oil prices are usually determined in global markets by the law of demand and supply. Our concern in this paper is to determine which country’s policy uncertainty measure has an impact on oil prices. Using both the linear and the nonlinear Autoregressive Distributed Lag (ARDL methods, we find that while policy uncertainty measures of Canada, China, Europe, Japan, Russia, South Korea, and the U.S. have short-run effects, short-run effects last into the long-run asymmetric effects only in the case of China. This may reflect the importance and recent surge in China’s engagement in world trade.

  20. Palm oil as a fuel for agricultural diesel engines: Comparative testing against diesel oil

    Directory of Open Access Journals (Sweden)

    Teerawat Apichato

    2003-05-01

    Full Text Available Due to unstable oil price situation in the world market, many countries have been looking for alternative energy sources to substitute for petroleum. Vegetable oil is one of the alternatives which can be used as fuel in automotive engines either in the form of straight vegetable oil, or in the form of ethyl or methyl ester. This paper presents a comparative performance testing of diesel engine using diesel oil and refined palm oil over 2,000 hours of continuous running time. Short-term performance testing was conducted for each fuel on the dynamometer engine test bed. Specific fuel consumption, exhaust temperature and black smoke density were determined and measured. Long-term performance testing (or endurance test was also done by running the engines coupled with a generator in order to supply load (electricity to a lightbulb board. For each 500 hours of engine run time, the engines were dissembled for engine wear inspection. It was found that the fuel pump and fuel valve weight losses from both engines showed insignificant differences either at the first 500 hours of running time or at the second 500 hours of running time but the inlet valve from the engine fueled by diesel oil had a higher weight loss than the engine fueled by refined palm oil at the first 500 hours and at the second 500 hours of running time. The compression rings from the engine fueled by refined palm oil showed a significant weight loss compared to the engine fueled by diesel oil both after 500 hours and after 1000 hours of running time.

  1. Oil Dependence: The Value of R{ampersand}D

    Energy Technology Data Exchange (ETDEWEB)

    Greene, D.L.

    1997-07-01

    Over the past quarter century the United States` dependence on oil has cost its economy on the order of $5 trillion. Oil dependence is defined as economically significant consumption of oil, given price inelastic demand in the short and long run and given the ability of the OPEC cartel to use market power to influence oil prices. Although oil prices have been lower and more stable over the past decade, OPEC still holds the majority of the world`s conventional oil resources according to the best available estimates. OPEC`s share of the world oil market is likely to grow significantly in the future,restoring much if not all of their former market power. Other than market share, the key determinants of OPEC`s market power are the long and short run price elasticities of world oil demand and supply. These elasticities depend critically on the technologies of oil supply and demand, especially the technology of energy use in transportation. Research and development can change these elasticities in fundamental ways, and given the nature of the problem,the government has an important role to play in supporting such research.

  2. OPEC charts course for future oil market

    International Nuclear Information System (INIS)

    Subroto, H.E.

    1992-01-01

    The author says OPEC is an economic organization with a simple mission: to provide a stable and reliable supply of oil to its customers and assure a fair return to its producers. When OPEC was formed in 1960, he recalls multinational oil companies dominated the oil market. Their operations were highly integrated from well to pump, and they kept oil prices low to fuel economic growth in prosperous industrialized countries. Host nations were rarely consulted in operations, and they reaped only minimal return for their black gold. OPEC changed all that. Today, OPEC's 13 member countries control their own oil industries, and some even own sizeable investments in the downstream sectors of consuming countries. To meet its commitment for supplying the petroleum needs of industrialized nations by the turn of the century, the author estimates OPEC will need to increase production capacity by about 40% at a cost well above what member countries can afford alone

  3. Oil and Gas Emergency Policy: Czech Republic 2010 update

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2011-07-01

    This publication provides a detailed look at the specific systems in the Czech Republic for responding to an oil supply crisis. In 2007, the IEA published ''Oil Supply Security: Emergency Response of IEA Countries''. Rather than waiting for the completion of the current review cycle to renew this full publication, the IEA will provide updates to the country chapters as these become available following the specific country's review. The aim of series of publications is to provide an overview of the IEA oil emergency response system and a detailed look at the specific systems in each IEA country for responding to an oil supply crisis. The 2007 publication represented the findings of a five year review cycle of the emergency response mechanisms in IEA member countries. Since the 2007 publication, the IEA has started a new cycle of reviews which now includes reviewing gas emergency policies.

  4. Oil and Gas Emergency Policy: United Kingdom 2010 update

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2011-07-01

    This publication provides a detailed look at the specific systems in the United Kingdom for responding to an oil supply crisis. In 2007, the IEA published ''Oil Supply Security: Emergency Response of IEA Countries''. Rather than waiting for the completion of the current review cycle to renew this full publication, the IEA will provide updates to the country chapters as these become available following the specific country's review. The aim of series of publications is to provide an overview of the IEA oil emergency response system and a detailed look at the specific systems in each IEA country for responding to an oil supply crisis. The 2007 publication represented the findings of a five year review cycle of the emergency response mechanisms in IEA member countries. Since the 2007 publication, the IEA has started a new cycle of reviews which now includes reviewing gas emergency policies.

  5. Profit and Risk Measures in Oil Production Optimization

    DEFF Research Database (Denmark)

    Capolei, Andrea; Foss, Bjarne; Jørgensen, John Bagterp

    2015-01-01

    In oil production optimization, we usually aim to maximize a deterministic scalar performance index such as the profit over the expected reservoir lifespan. However, when uncertainty in the parameters is considered, the profit results in a random variable that can assume a range of values dependi...... pro and cons for each of them. Finally, among the presented risk measures, we identify two of them as appropriate risk measures when minimizing the risk....

  6. The balance of uranium supply and demand to 1990

    International Nuclear Information System (INIS)

    Erkes, P.

    1980-01-01

    The subject is discussed under the following headings: lead times in the nuclear industry; short term flexibilities -impact on demand of changes in tails assay and effect on supply of changed operating characteristics; supply-demand balance (Uranium Institute methodology); installed nuclear capacity forecast; enrichment capacity forecast; uranium production projections; estimates of uranium supply and demand until 1990; the effect of stockpiling; recent influences on the supply and demand balance; the Harrisburg experience; the International Fuel Cycle Evaluation (INFCE); the oil price spiral; conclusions. (U.K.)

  7. Oil refining in South Asia and Australasia

    International Nuclear Information System (INIS)

    Yamaguchi, N.D.

    2000-01-01

    An overview of the oil markets of Southeast Asia and Australasia is presented focussing on oil refining. Key statistics of both areas are tabulated, and figures providing information on GDP/capita, crude production, comparison of demand barrels, and product demand are provided. Crude oil production and supply, oil product demand, and the refining industries are examined with details given of evolution of capacity and cracking to distillation ratios

  8. Water issues associated with heavy oil production.

    Energy Technology Data Exchange (ETDEWEB)

    Veil, J. A.; Quinn, J. J.; Environmental Science Division

    2008-11-28

    Crude oil occurs in many different forms throughout the world. An important characteristic of crude oil that affects the ease with which it can be produced is its density and viscosity. Lighter crude oil typically can be produced more easily and at lower cost than heavier crude oil. Historically, much of the nation's oil supply came from domestic or international light or medium crude oil sources. California's extensive heavy oil production for more than a century is a notable exception. Oil and gas companies are actively looking toward heavier crude oil sources to help meet demands and to take advantage of large heavy oil reserves located in North and South America. Heavy oil includes very viscous oil resources like those found in some fields in California and Venezuela, oil shale, and tar sands (called oil sands in Canada). These are described in more detail in the next chapter. Water is integrally associated with conventional oil production. Produced water is the largest byproduct associated with oil production. The cost of managing large volumes of produced water is an important component of the overall cost of producing oil. Most mature oil fields rely on injected water to maintain formation pressure during production. The processes involved with heavy oil production often require external water supplies for steam generation, washing, and other steps. While some heavy oil processes generate produced water, others generate different types of industrial wastewater. Management and disposition of the wastewater presents challenges and costs for the operators. This report describes water requirements relating to heavy oil production and potential sources for that water. The report also describes how water is used and the resulting water quality impacts associated with heavy oil production.

  9. THE COSTS OF ENERGY SUPPLY SECURITY

    Energy Technology Data Exchange (ETDEWEB)

    Rogner, H.H.; Langlois, L.M.; McDonald, A.; Weisser, D.; Howells, M.

    2007-07-01

    In general, increasing a country's energy supply security does not come for free. It costs money to build up a strategic reserve, to increase supply diversity or even to accelerate energy efficiency improvements. Nor are all investments in increasing energy supply security cost effective, even if the shocks they are designed to insure against can be predicted with 100% accuracy. The first half of the paper surveys different definitions and strategies associated with the concept of energy supply security, and compares current initiatives to establish an 'assured supply of nuclear fuel' to the International Energy Agency's (IEA's) system of strategic national oil reserves. The second half of the paper presents results from several case studies of the costs and effectiveness of selected energy supply security policies. One case study examines alternative strategies for Lithuania following the scheduled closure of the Ignalina-2 nuclear reactor in 2009. The second case study examines, for countries with different energy resources and demand structures, the effectiveness of a policy to increase supply diversity by expanding renewable energy supplies. (auth)

  10. Overseas Investments by Chinese National Oil Companies

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2011-07-01

    This report examines inaccuracies in some commonly held views of China's National Oil Companies (NOCs). Until now, there has been little analysis to test the widely held presumption that these companies act under the instructions and in close co-ordination with the Chinese government. Nor have critics been challenged on the validity of their concerns about investments made by these NOCs, and how they could be blocking supplies of oil for other importing countries. The IEA analysis, however, finds that contrary to these views, the NOCs actually operate with a high degree of independence from the Chinese government, and their investments have in fact largely boosted global supplies of oil and gas, which other importers rely on.

  11. Proceedings of the Canadian Institute conference on supply chain management in the oil and gas industry : major capital construction projects, maintenance, repair and operations

    International Nuclear Information System (INIS)

    2005-01-01

    Many companies are now being forced to focus on careful budgeting to ensure that the capital costs of large-scale construction projects do not exceed their budgets. Operators are now investigating the role of supply chain management in reducing project costs. This conference provided a forum for the discussion of issues related to large construction projects for supply chain management in the oil and gas industry. Participants at the conference discussed methods of negotiating with contractors in order to manage higher prices for steel and other commodities. Best practices for maintaining effective purchaser-contractor relations were discussed along with cost benchmarks in contracts and management planning techniques for supply chain processes. The benefits of adopting vendor-managed inventory systems were also examined. Sourcing strategies were presented and issues related to transportation were reviewed along with various planning models. The conference featured 16 presentations. tabs., figs

  12. Natural gas, NGL's and crude: supply, demand and price forecasts

    International Nuclear Information System (INIS)

    Stauft, T.L.

    2003-01-01

    This paper presents an overview of the major issues to watch in the crude oil, natural gas, and natural gas liquids (NGL) markets in North America. The presentation began with background information concerning Purvin and Gertz, an employee-owned consulting firm whose employees are chemical engineers, holders of a Master of Business Administration (MBA), or economists. They specialize in providing strategic, commercial, and technical advice to the international energy industry. A closer look at each individual market was provided, looking at demand, supply, price drivers and others. The author concluded that world oil prices continue to be influenced by a war premium. Oil prices support natural gas, as well as the possibility of a supply issue. The gas processing margins have remained strong. The unknown quantities are the weather and economic recovery. figs

  13. Fuel oil and kerosene sales 1992

    International Nuclear Information System (INIS)

    1993-01-01

    This publication contains the 1992 survey results of the ''Annual Fuel Oil and Kerosene Sales Report'' (Form EIA-821). This is the fourth year that the survey data have appeared in a separate publication. Prior to the 1989 report, the statistics appeared in the Petroleum Marketing Annual (PMA) for reference year 1988 and the Petroleum Marketing Monthly (PMM for reference years 1984 through 1987. The 1992 edition marks the ninth annual presentation of the results of the ongoing ''Annual Fuel Oil and Kerosene Sales Report'' survey. Except for the kerosene and on-highway diesel information, data presented in Tables 1 through 12 (Sales of Fuel Oil and Kerosene) present results of the EIA-821 survey. Tables 13 through 24 (Adjusted Sales of Fuel Oil and Kerosene) include volumes that are based on the EIA-821 survey but have been adjusted to equal the products supplied volumes published in the Petroleum Supply Annual (PSA)

  14. Oil price prospects

    International Nuclear Information System (INIS)

    Toalster, J.

    1992-01-01

    In this paper, four different, popular approaches to the analysis of oil price movements will be considered and an alternative method will be proposed. Whilst we await the development of a rigorous theoretical framework within which to evaluate the phenomenon of oil price movements some progress may be effected by an amalgam of approaches, with the traditional supply and demand model being supplemented by observations regarding political and social developments in particular countries or regions, together with an assessment of emerging and prospective technological achievements. In this way it should be possible to identify the critical influences at work, from which it should also be possible to select either the single most important variable or combination of variables, affecting the oil price. Moreover, it is my belief that the crucial variables influencing the oil price almost certainly, are more likely to be political and social, rather than economic. In this context and notwithstanding the fact that there is only a minimal level of surplus productive capacity in the world oil industry at present (perhaps 1-2 million b/d albeit rising rapidly), it is reasonable to conclude that oil prices will average around $18-19 a barrel for North Sea Brent in 1992 and 1993, with oscillations of $2-4 a barrel either side, rising slightly in 1994 to $19-20 a barrel and to $20-21 a barrel in 1995. Thereafter, the most likely outcome is for a rise in line with inflation (say $ a barrel/annum) with no prospect of an upward spike, because demand will be weaker than most commentators expect up to the year 2000, whilst OPEC oil supplies will be substantially higher than the consensus forecast. (author)

  15. Challenge of the oil market

    Energy Technology Data Exchange (ETDEWEB)

    Jaidah, A M

    1981-11-01

    The oil market is experiencing a different environment in 1981 as demand for OPEC oil fades while customers run down their inventories. The oil-producing countries face a new challenge, but the need of consuming countries for secure oil supplies and the need of producing countries to broaden their economies and reduce dependence on a depleting resource continue. Two episodes 1973 to 1975 and late 1978 to the present, illustrate the current market situation. The impact of these episodes is the basis for recommended long-run goals that go beyond market management to the real challenge of converting oil resources into the real assets of economic development. (DCK)

  16. Oil shale highlights

    International Nuclear Information System (INIS)

    1994-01-01

    The low prices of crude oil have continued to retard the commercial development of oil shale and other syn fuels. Although research funds are more difficult to find, some R and D work by industry, academia, and governmental agencies continues in the United States and in other parts of the world. Improvements in retorting technology, upgrading oil-shale feedstock, and developing high-value niche-market products from shale oil are three notable areas of research that have been prominent for the past several years. Although the future prices of conventional crude cannot be predicted, it seems evident that diminishing supplies and a burgeoning world population will force us to turn to alternate fossil fuels as well as to cleaner sources of non-fossil energy. (author)

  17. 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.

  18. 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.

  19. Heavy crude oil and synthetic crude market outlook

    International Nuclear Information System (INIS)

    Crandall, G.R.

    1997-01-01

    This presentation included an outline of the international heavy crude supply and demand versus Canadian heavy crude supply and disposition, and pricing outlook for synthetic crudes. Differences among crude oils such as light sweet, light sour, heavy and bitumen were described and illustrated with respect to their gravity, API, percentage of sulphur, metals and nitrogen. Internationally, heavy and sour crude supplies are forecast to increase significantly over the next four years. Discoveries of light sour crude in offshore Gulf of Mexico will provide a major new source of sour crude to U.S. Gulf Coast refineries. Venezuela's supplies of heavy and sour crude are also expected to increase over the next few years. Mexico and Canada have plans to increase their heavy crude production. All of the crudes will be aimed at the U.S. Gulf Coast and Midwest markets. Pentanes and condensates are also expected to increase based on the growing Canadian natural gas production. Diluent demand will also grow to match Canadian heavy crude/bitumen production. U.S. midwest refiners are proposing expansions to allow them to process more Canadian heavy crude oil. At present, only a few refineries are equipped to process significant amounts of synthetic crude. It was suggested that to absorb available heavy and synthetic production, increased penetration into both Canadian and U.S. markets will be required. Some refineries may have to be modified to process heavy and synthetic oil supplies. Heavy oil and synthetic producers may need to develop relationships with refiners such as joint ventures and term supply agreements to secure markets. 2 tabs., 12 figs

  20. Electric power supply in an offshore oil production platform | Ibe ...

    African Journals Online (AJOL)

    powered UPS system with a rotary engine UPS which can provide long-term power supply back-up as well as the benefits of rotating machines. KEY WORDS: Offshore, Platform, Power Supply, Gas turbine, Rotary Diesel UPS. [Global Jnl ...

  1. Considering extraction constraints in long-term oil price modelling

    Energy Technology Data Exchange (ETDEWEB)

    Rehrl, Tobias; Friedrich, Rainer; Voss, Alfred

    2005-12-15

    Apart from divergence about the remaining global oil resources, the peak oil discussion can be reduced to a dispute about the time rate at which these resources can be supplied. On the one hand it is problematic to project oil supply trends without taking both - prices as well as supply costs - explicitly into account. On the other hand are supply cost estimates however itself heavily dependent on the underlying extraction rates and are actually only valid within a certain business-as-usual extraction rate scenario (which itself is the task to determine). In fact, even after having applied enhanced recovery technologies, the rate at which an oil field can be exploited is quite restricted. Above a certain level an additional extraction rate increase can only be costly achieved at risks of losses in the overall recoverable amounts of the oil reservoir and causes much higher marginal cost. This inflexibility in extraction can be overcome in principle by the access to new oil fields. This indicates why the discovery trend may roughly form the long-term oil production curve, at least for price-taking suppliers. The long term oil discovery trend itself can be described as a logistic process with the two opposed effects of learning and depletion. This leads to the well-known Hubbert curve. Several attempts have been made to incorporate economic variables econometrically into the Hubbert model. With this work we follow a somewhat inverse approach and integrate Hubbert curves in our Long-term Oil Price and EXtraction model LOPEX. In LOPEX we assume that non-OPEC oil production - as long as the oil can be profitably discovered and extracted - is restricted to follow self-regulative discovery trends described by Hubbert curves. Non-OPEC production in LOPEX therefore consists of those Hubbert cycles that are profitable, depending on supply cost and price. Endogenous and exogenous technical progress is extra integrated in different ways. LOPEX determines extraction and price

  2. Considering extraction constraints in long-term oil price modelling

    International Nuclear Information System (INIS)

    Rehrl, Tobias; Friedrich, Rainer; Voss, Alfred

    2005-01-01

    Apart from divergence about the remaining global oil resources, the peak oil discussion can be reduced to a dispute about the time rate at which these resources can be supplied. On the one hand it is problematic to project oil supply trends without taking both - prices as well as supply costs - explicitly into account. On the other hand are supply cost estimates however itself heavily dependent on the underlying extraction rates and are actually only valid within a certain business-as-usual extraction rate scenario (which itself is the task to determine). In fact, even after having applied enhanced recovery technologies, the rate at which an oil field can be exploited is quite restricted. Above a certain level an additional extraction rate increase can only be costly achieved at risks of losses in the overall recoverable amounts of the oil reservoir and causes much higher marginal cost. This inflexibility in extraction can be overcome in principle by the access to new oil fields. This indicates why the discovery trend may roughly form the long-term oil production curve, at least for price-taking suppliers. The long term oil discovery trend itself can be described as a logistic process with the two opposed effects of learning and depletion. This leads to the well-known Hubbert curve. Several attempts have been made to incorporate economic variables econometrically into the Hubbert model. With this work we follow a somewhat inverse approach and integrate Hubbert curves in our Long-term Oil Price and EXtraction model LOPEX. In LOPEX we assume that non-OPEC oil production - as long as the oil can be profitably discovered and extracted - is restricted to follow self-regulative discovery trends described by Hubbert curves. Non-OPEC production in LOPEX therefore consists of those Hubbert cycles that are profitable, depending on supply cost and price. Endogenous and exogenous technical progress is extra integrated in different ways. LOPEX determines extraction and price

  3. Petroleum supply annual 1992

    International Nuclear Information System (INIS)

    1993-01-01

    The Petroleum Supply Annual (PSA) contains information on the supply and disposition of crude oil and petroleum products. The publication reflects data that were collected from the petroleum industry during 1992 through annual and monthly surveys. The PSA is divided into two volumes. The first volume contains four sections: Summary Statistics, Detailed Statistics, Refinery Capacity, and Oxygenate Capacity each with final annual data. This second volume contains final statistics for each month of 1992, and replaces data previously published in the Petroleum Supply Monthly (PSM). The tables in Volumes 1 and 2 are similarly numbered to facilitate comparison between them. Explanatory Notes, located at the end of this publication, present information describing data collection, sources, estimation methodology, data quality control procedures, modifications to reporting requirements and interpretation of tables. Industry terminology and product definitions are listed alphabetically in the Glossary

  4. Essays on oil and the macroeconomy

    Energy Technology Data Exchange (ETDEWEB)

    Melolinna, M.

    2012-07-01

    This dissertation studies the effects of crude oil on the macroeconomy using a vector autoregression (VAR) modelling framework. In particular, the importance of identifying different types of oil shocks is explored for both small and large open economies. A VAR model is also used to study the information content of oil futures contracts. The dissertation consists of three essays. The first essay of the dissertation introduces a methodology for identifying oil supply shocks in a small open economy. Financial market information is used to construct an identification scheme that forces the response to an oil shock of the VAR model to be the same as that implied by futures markets. Due to the identification scheme, the model is only partially identified, and confidence intervals for impulse responses are calculated by using a bootstrapping procedure. The methodology is applied in illustrative examples to two small open economies in a VAR model that includes key domestic and international macroeconomic variables. The results suggest that while oil supply shocks have had an effect on domestic inflation during recent past, the effect on domestic GDP is ambiguous. The second essay of the dissertation studies the existence of risk premiums in crude oil futures prices with simple ordinary least squares regression and Bayesian VAR models. It also studies the importance of three main theoretical risk premium models in explaining and forecasting the risk premiums in practice. Whilst the existence of the premiums and the validity of the models can be established at certain time points, it turns out that the choice of sample period has a considerable effect on the results. Hence, the risk premiums are highly time-varying. The study also establishes a model, based on speculative positions in the futures markets, which has some predictive power for future oil spot prices. The third essay of the dissertation explores oil market and other macroeconomic shocks in a structural VAR

  5. Assessing water quality of rural water supply schemes as a measure ...

    African Journals Online (AJOL)

    Assessing water quality of rural water supply schemes as a measure of service ... drinking water quality parameters were within the World Health Organization ... Besides, disinfection of water at the household level can be an added advantage.

  6. Effects of wall temperature on skin-friction measurements by oil-film interferometry

    International Nuclear Information System (INIS)

    Bottini, H; Kurita, M; Iijima, H; Fukagata, K

    2015-01-01

    Wind-tunnel skin-friction measurements with thin-oil-film interferometry have been taken on an aluminum sample to investigate the effects of wall temperature on the accuracy of the technique. The sample has been flush-mounted onto a flat plate with an electric heater at its bottom and mirror-smooth temperature-sensitive paint sprayed on its top. The heater has varied the sample temperature from ambient to 328 K, and the paint has permitted wall temperature measurements on the same area of the skin-friction measurements and during the same test. The measured wall temperatures have been used to calculate the correct oil viscosities, and these viscosities and the constant nominal viscosity at 298 K have been used to calculate two different sets of skin-friction coefficients. These sets have been compared to each other and with theoretical values. This comparison shows that the effects of wall temperature on the accuracy of skin-friction measurements are sensible, and more so as wall temperature differs from 298 K. Nonetheless, they are effectively neutralized by the use of wall temperature measurements in combination with the correct oil viscosity–temperature law. In this regard, the special temperature-sensitive paint developed for this study shows advantages with respect to more traditional wall temperature measurement techniques. (paper)

  7. Towards sustained high oil prices and increasingly volatile

    International Nuclear Information System (INIS)

    Auverlot, Dominique; Teillant, Aude; Rech, Olivier

    2012-09-01

    It is particularly difficult to predict the evolution of global oil production and its ability to meet the demand: the main uncertainties are related to the magnitude of the growth of emerging countries, more or less rapid decline in the production of major oil fields current events as well as natural or accidental, but especially geopolitics, which may affect, at any time, production. In a tight market today, the rapid growth of emerging economies, disruption of the oil supply chain world, even its mere mention, could cause short-term loss of excess production capacity - largely concentrated in Saudi Arabia - an increase substantial progress and, as contemplated by the International Atomic Energy imbalances between global oil supply and demand. If, after 2020, production of conventional oil begins to decline and the demand from emerging markets continues to grow, more massive imbalances may arise, leading to potential geopolitical tensions. Control would then demand the best answer. Otherwise, the resources of unconventional hydrocarbons, considerable expected to meet the demand, provided that their development is fast enough and their operating conditions are environmentally friendly. A consensus is emerging today on keeping oil prices high (above $ 100 / barrel) and volatile in the coming years, allowing some producing countries to pursue their development, but for France amplifying the negative effects on the economic growth oil bill (more than 49 billion euros in 2011) weighs more heavily in our trade deficit. In all cases, climate issues, the weight of the oil bill on our economy, securing our energy supply and technical uncertainties or geopolitical oil production call for reducing our oil consumption, accelerated motion the transition to a low carbon economy and development of our own energy resources. Contents: - Current analysis of oil reserves; - Uncertainties about the evolution of world oil production; - What is the potential long-term oil production

  8. Coping with unexpected oil demand movements

    International Nuclear Information System (INIS)

    Anon.

    2004-01-01

    Continuous upward revisions to world oil demand projections for 2003 and 2004 are compared with the downward revisions that took place in 1998 and 1999, following the 1997 Asian economic crisis. Demand leads supply, in the current case, resulting in a time-lag in the whole supply chain, while supply led demand half a decade ago, with the OECD's commercial stocks reaching record highs. Recent months have seen a reversal of the longstanding inverse relationship between the United States of America's commercial crude oil stock levels and crude prices, and they are now moving in parallel. The fact that the US market is now adequately or even well supplied means that factors other than inventory levels are causing the present high prices. These factors are briefly outlined. OPEC is doing everything it can to maintain market stability, with prices at levels acceptable to producers and consumers. The agreement reached in Beirut on 3 June is the latest example of this. (Author)

  9. Oil Transport Networks in Europe

    Directory of Open Access Journals (Sweden)

    Igbal Guliyev

    2014-01-01

    Full Text Available The author examines the problems and prospects of crude oil and petroleum products transportation market on the European continent. Particular attention is paid to the possibilities of the planned pipeline routes and new supplies of oil and petroleum products. European Union countries have large reserves of hydrocarbons, but it is not enough to fully satisfy domestic consumption. Improved pipeline infrastructure both within the EU and oil pipelines from other countries is an important economic and social factor. Recent developments of this year especially emphasize the importance of strengthening the energy security in the foreign policy of the state. For transporting fuel energy in Europe used the following types of transport: marine (sea and river, truck, railway, and pipeline. It seems necessary to mention the fact that the role of pipeline transport is particularly high in the oil and gas industry. Pipeline transport has an important impact on the formation and developmen t of the fuel and energy complex of the state, as well as regions, as its integral part. An effective system of crude oil and petroleum products pipelines is an important tool for the implementation of public policies, policies at the EU level, allowing the country to regulate the supply of crude oil and petroleum products to the overseas and domestic markets.

  10. The oil market

    International Nuclear Information System (INIS)

    Durousset, M.

    1999-01-01

    This document presents todays economical and strategic realities of the oil market. According to the author, petroleum will remain a vital energy source essentially supplied by the Middle-East with strong increasing and decreasing demand changes. (J.S.)

  11. Quarterly oil statistics. First quarter 1978

    Energy Technology Data Exchange (ETDEWEB)

    1978-01-01

    The aim of this report is to provide rapid, accurate and detailed statistics on oil supply and demand in the OECD area. Main components of the system are: complete balances of production, trade, refinery intake and output, final consumption, stock levels and changes; separate data for crude oil, NGL, feedstocks and nine product groups; separate trade data for main product groups, LPG and naphtha; imports for 41 origins; exports for 29 destinations; marine bunkers and deliveries to international civil aviation by product group; aggregates of quarterly data to annual totals; and natural gas supply and consumption.

  12. Global oil risks in the early 21st century

    International Nuclear Information System (INIS)

    Fantazzini, Dean; Höök, Mikael; Angelantoni, André

    2011-01-01

    The Deepwater Horizon incident demonstrated that most of the oil left is deep offshore or in other difficult to reach locations. Moreover, obtaining the oil remaining in currently producing reservoirs requires additional equipment and technology that comes at a higher price in both capital and energy. In this regard, the physical limitations on producing the ever-increasing quantities of oil are highlighted as well as the possibility of the peak of production occurring this decade. The economics of oil supply and demand are also briefly discussed showing why the available supply is basically fixed in the short to medium term. Also, an alarm bell for economic recessions is shown to be when energy takes a disproportionate amount of total consumer expenditures. In this context, risk mitigation practices in government and business are called for. As for the former, early education of the citizenry of the risk of economic contraction is a prudent policy to minimize potential future social discord. As for the latter, all business operations should be examined with the aim of building in resilience and preparing for a scenario in which capital and energy are much more expensive than in the business-as-usual one. - Highlights: ► Review of the physical background to peak oil and current oil situation. ► Economics of oil supply and demand are examined to identify imminent challenges. ► Investigation of the financial and energy transition risks associated with peak oil. ► Oil scarcity and price volatility induce certain governmental and business risks. ► General risk mitigation is vital and peak oil preparations should be undertaken.

  13. Energy intensity ratios as net energy measures of United States energy production and expenditures

    International Nuclear Information System (INIS)

    King, C W

    2010-01-01

    In this letter I compare two measures of energy quality, energy return on energy invested (EROI) and energy intensity ratio (EIR) for the fossil fuel consumption and production of the United States. All other characteristics being equal, a fuel or energy system with a higher EROI or EIR is of better quality because more energy is provided to society. I define and calculate the EIR for oil, natural gas, coal, and electricity as measures of the energy intensity (units of energy divided by money) of the energy resource relative to the energy intensity of the overall economy. EIR measures based upon various unit prices for energy (e.g. $/Btu of a barrel of oil) as well as total expenditures on energy supplies (e.g. total dollars spent on petroleum) indicate net energy at different points in the supply chain of the overall energy system. The results indicate that EIR is an easily calculated and effective proxy for EROI for US oil, gas, coal, and electricity. The EIR correlates well with previous EROI calculations, but adds additional information on energy resource quality within the supply chain. Furthermore, the EIR and EROI of oil and gas as well as coal were all in decline for two time periods within the last 40 years, and both time periods preceded economic recessions.

  14. Petroleum supply annual 1993. Volume 2

    Energy Technology Data Exchange (ETDEWEB)

    1994-06-01

    This publication contains information on the supply and disposition of crude oil and petroleum products. The publication reflects data that were collected from the petroleum industry during 1993 through annual and monthly surveys. This second volume contains final statistics for each month of 1993.

  15. Oil transformation sector modelling: price interactions

    International Nuclear Information System (INIS)

    Maurer, A.

    1992-01-01

    A global oil and oil product prices evolution model is proposed that covers the transformation sector incidence and the final user price establishment together with price interactions between gaseous and liquid hydrocarbons. High disparities among oil product prices in the various consumer zones (North America, Western Europe, Japan) are well described and compared with the low differences between oil supply prices in these zones. Final user price fluctuations are shown to be induced by transformation differences and competition; natural gas market is also modelled

  16. Pengukuran Kinerja Supply Chain Dengan Pendekatan Supply Chain Operation References (SCOR

    Directory of Open Access Journals (Sweden)

    Rizki Wahyuniardi

    2017-12-01

    Full Text Available PT. Brodo Ganesha Indonesia is a national company engaged in manufacturing with the production of leather shoes. The company has many stakeholders and it is difficult to manage its supply chain, thereby affecting the effectiveness and efficiency of the company's supply chains. The research was conducted to measure the performance of supply chain by using Supply Chain Operation References (SCOR approach. The initial hierarchy model of performance measurement is tailored to the company's condition to measure its supply chain performance, while the normalization of Snorm De Boer serves to equalize the value of the matrix used as the measurement indicator. The level of importance of performance attributes is measured by weighting with subjective questionnaires. Value of performance attribute obtained reliability 19,74, responsiveness 16,91, agility 11,00; and asset management 12.26. The total performance score of 59.90. This value indicates that the performance of the supply chain is in an average position.

  17. Measures for a reliable and environmental power supply. Massnahmen fuer eine sichere und umweltvertraegliche Energieversorgung

    Energy Technology Data Exchange (ETDEWEB)

    Dolinski, U; Ziesing, H J

    1978-01-01

    This brochure, supplement and final part of a 1976 DIW study (Reliability, Pricing, and Environmental Aspects of Power Supply), presents the necessary technical and energy policy measures required for achieving certain goals in energy policy. Present and future measures taken in West Germany are presented. Effects and consequences of these steps are investigated, although a quantitative analysis was only possible in a few cases. Measures for ensuring the energy supply are listed according to energy sources; measures to reduce environmental pollution deal with pollutant emissions, thermal pollution, optical and acoustic load factors, and energy conservation.

  18. 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.

  19. SUPPLIES COSTS: AN EXPLORATORY STUDY WITH APPLICATION OF MEASUREMENT MODEL OF LOGISTICS COSTS

    Directory of Open Access Journals (Sweden)

    Ana Paula Ferreira Alves

    2013-12-01

    Full Text Available One of the main reasons for the difficulty in adopting an integrated method of calculation of logistics costs is still a lack of adequate information about costs. The management of the supply chain and identify its costs can provide information for their managers, with regard to decision making, generating competitive advantage. Some models of calculating logistics costs are proposed by Uelze (1974, Dias (1996, Goldratt (2002, Christopher (2007, Castiglioni (2009 and Borba & Gibbon (2009, with little disclosure of the results. In this context, this study aims to evaluate the costs of supplies, applying a measurement model of logistics costs. Methodologically, the study characterized as exploratory. The model applied pointed, in original condition, that about R$ 2.5 million were being applied in the process of management of supplies, with replacement costs and storage imbalance. Upgrading the company's data, it is possible obtain a 52% reduction in costs to replace and store supplies. Thus, the cost model applied to logistical supplies showed feasibility of implementation, as well as providing information to assist in management and decision-making in logistics supply.

  20. The third oil price surge. What's different this time?

    International Nuclear Information System (INIS)

    Kesicki, Fabian

    2010-01-01

    The period from 2003 to 2008 was marked by an oil price increase comparable to the two oil price crises in the 1970s. This paper looks in detail at the situation of the oil price crises 30 years ago and compares them along various aspects on the demand and supply side with the recent price increase to identify similarities and differences. While both oil price crises in 1973 and 1979/1980 were ultimately caused by supply actions of members of the Organisation of Petroleum Exporting Countries (OPEC), all three oil price crises were preceded by high demand growth. Other aspects that favoured a high oil price in all three cases were low investments in new oil fields, as a consequence low spare capacity, and a weak US dollar. In addition, the recent oil price surge has been characterised by a high global refinery utilisation and refineries that did not adapt fast enough to the rising demand for lighter oil products. Moreover, broader geopolitical uncertainties, combined with risks associated with the oil trade helped push the oil price into a triple-digit zone. Speculation played only a limited and temporary role in accelerating price movements during the recent price increase. (author)

  1. What drives the formation of global oil trade patterns?

    International Nuclear Information System (INIS)

    Zhang, Hai-Ying; Ji, Qiang; Fan, Ying

    2015-01-01

    In this paper, the spatial characteristics of current global oil trade patterns are investigated by proposing a new indicator Moran-F. Meanwhile, the factors that influence the formation of oil trade patterns are identified by constructing four different kinds of spatial econometric models. The findings indicate that most oil exporters have an obvious export focus in North America and a relatively balanced export in Europe and the Asia-Pacific region. Besides supply and demand factors, technological progress and energy efficiency have also significantly influenced the oil trade. Moreover, there is a spillover effect of trade flow among different regions, but its impact is weak. In addition, oil importers in the same region have the potential to cooperate due to their similar import sources. Finally, promotion of oil importers' R&D investments can effectively reduce the demand for global oil trade. - Highlights: • A new spatial association Moran-F indicator that applies to trade flows is proposed. • Driving factors affecting the formation of oil trade patterns are identified. • Oil-exporting countries implement various export strategies in different regions. • Supply, demand and technological factors contribute to the oil trade patterns. • Spillover effect of each factor affecting oil trade flows does exist but is limited

  2. Joint stockpiling and emergency sharing of oil: Arrangements for regional cooperation in East Asia

    Energy Technology Data Exchange (ETDEWEB)

    Shin, Eui-soon, E-mail: shine@yonsei.ac.k [School of Economics, Yonsei University, 50 Yonsei-ro, Seodaemun-gu, Seoul 120-749 (Korea, Republic of); Savage, Tim, E-mail: seoul@nautilus.or [Nautilus Institute, 58-14 Shinmun-ro 1-ga, Hangeul Hall Room 503, Jongro-gu, Seoul 110-061 (Korea, Republic of)

    2011-05-15

    The East Asia region includes three of the world's top five oil-importing nations-China, Japan, and the Republic of Korea. As a consequence, international oil supply disruptions and oil price spikes, and their effects on the economies of the region, have historically been of significant concern. Each of these three nations, as well as other nations in East Asia, has developed or is developing their own strategic oil stockpiles, but regional coordination in stockpiling arrangements and sharing of oil stocks in an emergency could provide significant benefits. This article describes the overall oil supply security situation in East Asia, reviews the attributes of different stockpiling arrangements to address energy supply security concerns, summarizes ongoing national approaches to stockpiling in East Asia, describes the development of joint oil stockpile initiatives in the region, and suggests the most attractive options for regional cooperation on oil stockpiling issues. - Highlights: {yields} Rising oil consumption will make East Asia more vulnerable to energy insecurity. {yields} There have been various dialogs on the need for a joint regional oil stockpile. {yields} No serious joint oil stockpiling efforts have been made in East Asia to date. {yields} Despite various impediments, diverse benefits justify oil stockpile cooperation.

  3. Joint stockpiling and emergency sharing of oil: Arrangements for regional cooperation in East Asia

    International Nuclear Information System (INIS)

    Shin, Eui-soon; Savage, Tim

    2011-01-01

    The East Asia region includes three of the world's top five oil-importing nations-China, Japan, and the Republic of Korea. As a consequence, international oil supply disruptions and oil price spikes, and their effects on the economies of the region, have historically been of significant concern. Each of these three nations, as well as other nations in East Asia, has developed or is developing their own strategic oil stockpiles, but regional coordination in stockpiling arrangements and sharing of oil stocks in an emergency could provide significant benefits. This article describes the overall oil supply security situation in East Asia, reviews the attributes of different stockpiling arrangements to address energy supply security concerns, summarizes ongoing national approaches to stockpiling in East Asia, describes the development of joint oil stockpile initiatives in the region, and suggests the most attractive options for regional cooperation on oil stockpiling issues. - Highlights: → Rising oil consumption will make East Asia more vulnerable to energy insecurity. → There have been various dialogs on the need for a joint regional oil stockpile. → No serious joint oil stockpiling efforts have been made in East Asia to date. → Despite various impediments, diverse benefits justify oil stockpile cooperation.

  4. Capacitive sensor for engine oil deterioration measurement

    Science.gov (United States)

    Shinde, Harish; Bewoor, Anand

    2018-04-01

    A simple system or mechanism for engine Oil (lubricating oil) deterioration monitoring is a need. As engine oil is an important element in I C engines and it is exposed to various strains depending on the operating conditions. If it becomes contaminated with dirt and metal particles, it can become too thick or thin and loses its protective properties, leads to unwanted friction. In turn, to avoid an engine failure, the oil must be changed before it loses its protective properties, which may be harmful to engine which deteriorates vehicle performance. At the same time, changing the lubricant too early, cause inefficient use of already depleting resources, also unwanted impact on the environment and economic reasons. Hence, it will be always helpful to know the quality of the oil under use. With this objective, the research work had been undertaken to develop a simple capacitance sensor for quantification of the quality of oil under use. One of the investigated parameter to quantify oil degradation is Viscosity (as per standard testing procedure: DIN 51562-1). In this research work, an alternative method proposed which analyzing change in capacitance of oil, to quantify the quality of oil underuse and compared to a conventional standard method. The experimental results reported in this paper shows trend for the same. Engine oil of grade SAE 15W40 used for light-duty vehicle, vans and passenger cars is used for experimentation. Suggested method can form a base for further research to develop a cost-effective method for indicating the time to change in engine oil quality have been presented.

  5. Petroleum supply annual 1994. Volume 1

    International Nuclear Information System (INIS)

    1995-01-01

    The Petroleum Supply Annual (PSA) contains information on the supply and disposition of crude oil and petroleum products. The publication reflects data that were collected from the petroleum industry during 1994 through annual and monthly surveys. The PSA is divided into two volumes. This first volume contains four sections: Summary Statistics, Detailed Statistics, Refinery Capacity, and Oxygenate Capacity each with final annual data. The second volume contains final statistics for each month of 1994, and replaces data previously published in the Petroleum Supply Monthly (PSM). The tables in Volumes 1 and 2 are similarly numbered to facilitate comparison between them. Below is a description of each section in Volume 1 of the PSA

  6. Central European projects could alter oil movement patterns

    International Nuclear Information System (INIS)

    Deffarges, E.H.; Howard, D.J.; Treat, J.E.

    1991-01-01

    This paper reports that several oil transportation projects are set to transform the flows of oil in Central Europe, with potentially important implications for crude oil and product prices in the region. These projects are spurred by the desires of the newly opened economies of Central Europe to diversify their sources of oil supplies away from the U.S.S.R. and by expectations of economic growth in this region. Today, Central European countries (Poland, Czechoslovakia, Hungary, Yugoslavia, Romania, and Bulgaria) rely heavily on Soviet crude supplies. Of the 1.7 million b/d of crude oil consumed by these six countries, about 55% is imported from the U.S.S.R. This is down significantly from the more than 75% import dependence in the mid-1980s. This dependency on U.S.S.R. crude - for countries that either have a history of indigenous production (Romania) or access to Middle East or North African supplies (Yugoslavia) - testifies to more than 40 years of centrally planned economics in which Moscow provided the energy and raw materials and Central European countries delivered finished goods. Since the end of World War II, the pipeline flow of crude oil and products from Western to Central Europe has been almost nonexistent. In fact, the Western European crude and product pipeline network itself is a rather poorly integrated system, with only limited interconnections between northern and southern networks and no real competition across the major flow routes

  7. Seed yield, N-uptake and oil quality in Helianthus annuus as affected by N-fertilizer

    International Nuclear Information System (INIS)

    Kurdali, F.; Al-Ain, F.; Attar, J.

    2008-11-01

    A field experiment was conducted to study the impact of different nitrogen fertilizer rates (0, 50, 100 and 150 kg N/ha as urea) on dry matter yield, N uptake, seed yield, grain oil content and properties of sunflower Helianthus annuus using the 15 N labeling technique. Sunflower plants responded strongly to increasing N supply with respect to growth performance. Dry matter yield and total N uptake were significantly increased with increasing N-supply. Partitioning of N yield in different plant parts showed that capitulum was the principle sink of N (60%) followed by leaves (30%) and stem (10%) regardless of N-fertilizer rates. Seed yield of sunflower was significantly increased at higher N-supply. However, oil concentration was significantly reduced in the N-fertilized treatments. Decreasing of grain oil content due to N addition was overcompensated by the seed yield increase. Consequently, no significant effect of N supply on oil yield was observed. The effect of N supply on iodine number was small, and only a small trend towards lower iodine value in the N100 was observed. No clear trend of the effect of N supply on other oil quality parameters was observed. Nitrogen derived from fertilizer (Ndff) was significantly increased with increasing N-supply. Recovery of fertilizer 15 N was of 64% regardless of N-rates. This efficiency was less pronounced in stem and leaves than that in capitulum which had a greater value at higher N-supply. (Author)

  8. Oil and Gas Emergency Policy: Turkey 2013 update

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2013-06-01

    Oil has been one of the main energy sources in Turkey, accounting for some 28% of the country’s total primary energy supply (TPES) in 2011. Turkey’s oil demand slightly increased from 637 kb/d in 2003 to 670 kb/d in 2012, although it dropped down from 678 kb/d in 2009 to 650 kb/d in 2010. The transport sector accounted for half of total oil consumption in 2010. Domestic oil production is in decline in Turkey, amounting to 45 kb/d or about 6.7% of total consumption in 2012. In 2012, Turkey imported 712 kb/d, consisting of about 392 kb/d of crude oil and some 320 kb/d refined products. Around 39% of total crude oil imports came from Iran. Crude oil and petroleum products are mainly undertaken by tankers and two major international pipelines running through the country with a total annual handling capacity of 2.8 mb/d. In the country, there are four operational refineries with a total crude distillation capacity of around 610 kb/d. Turkey meets its 90-day stockholding obligation to the IEA by placing a minimum stockholding obligation on industry. Under the relevant acts, refineries and fuel distribution companies are obliged to hold at least 20 days of product stocks based on the average daily sales of previous year, while eligible consumers that use more than 20,000 tonnes annually are required to hold 15 days’ consumption of each type of liquid fuel. Turkey held some 61 million barrels of oil stocks at the end of January 2013, equating to 99 days of 2011 net-imports. Around 55% of total oil stocks are held in the form of crude oil. The use of emergency oil stocks is central to Turkey’s emergency response policy, which can be complemented by demand restraint measures. The share of natural gas in the country’s TPES significantly increased at 32% in 2011. Turkey’s gas demand significantly increased from 0.7 billion cubic meters (2 mcm/d) in 1987 to 45.3 bcm (124 mcm/d) in 2012, while indigenous natural gas production totalled some 0.63 bcm in the same year

  9. Measurement of Vertical Oil-in-water Two-phase Flow Using Dual-modality ERT-EMF System

    OpenAIRE

    Faraj, Yousef; Wang, Mi; Jia, Jiabin; Wang, Qiang; Xie, Cheng-gang; Oddie, Gary; Primrose , Ken; Qiu, Changhua

    2015-01-01

    Oil-in-water two-phase flows are often encountered in the upstream petroleum industry. The measurement of phase flow rates is of particular importance for managing oil production and water disposal and/or water reinjection. The complexity of oil-in-water flow structures creates a challenge to flow measurement. This paper proposes a new method of two-phase flow metering, which is based on the use of dual-modality system and multidimensional data fusion. The Electrical Resistance Tomography sys...

  10. Oil and Gas Emergency Policy: France 2012 update

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2012-07-01

    In 2007, the IEA published ''Oil Supply Security: Emergency Response of IEA Countries''. This publication provides an overview of the IEA oil emergency response system and a detailed look at the specific systems in each IEA country for responding to an oil supply crisis. This publication represented the findings of a five year review cycle of the emergency response mechanisms in IEA member countries. Since the 2007 publication, the IEA has started a new cycle of reviews which now includes reviewing gas emergency policies. Rather than waiting for the completion of the current review cycle to renew this publication, the IEA will make available updates to the country chapters as these become available following the country's review.

  11. Advanced distillation curve measurements for corrosive fluids: Application to two crude oils

    Energy Technology Data Exchange (ETDEWEB)

    Lisa Starkey Ott; Beverly L. Smith; Thomas J. Bruno [National Institute of Standards and Technology, Boulder, CO (United States). Physical and Chemical Properties Division

    2008-10-15

    We have recently introduced several important improvements in the measurement of distillation curves for complex fluids. The modifications include a composition-explicit data channel for each distillate fraction (for both qualitative and quantitative analysis) and corrosivity assessment of each distillate fraction. The composition-explicit information is achieved with a new sampling approach that allows precise qualitative as well as quantitative analyses of each fraction, on the fly. We have applied the new method to a variety of fluids, including simple n-alkanes, rocket propellant, gasoline, jet fuels, and a hydrocarbon fluid made corrosive with dissolved hydrogen sulfide. In the current contribution, we present the application of the advanced distillation curve method to two samples of crude oil. A primary motivation behind the work is to precisely measure the distillation curves of these oils using our advanced distillation apparatus; these low uncertainty measurements of true thermodynamic state points can be used for equation of state development and differentiation of crude oil samples. Then, the information content of each distillation was extended much further by use of the composition-explicit data channel: gas chromatography-mass spectrometry (GC-MS), infrared spectrophotometry (IR), gas chromatography with sulfur chemiluminescence detection (GC-SCD), and the copper strip corrosion test (CSCT) were used for each distillate volume fraction sampled. Consequently, for each volume fraction of crude oil distillate sampled, we can address the composition, quantitate the total sulfur content, and measure the corrosivity. 39 refs., 6 figs., 2 tabs.

  12. Applications of Nuclear Energy to Oil Sands and Hydrogen Production

    International Nuclear Information System (INIS)

    Duffey, R.B.; Miller, A.; Kuran, S.

    2011-01-01

    Many novel and needed applications of nuclear energy arise in today's energy-hungry, economically challenged world, and in solving tomorrow's search for a globally carbon-constrained and sustainable energy supply. Not only can nuclear power produce low cost electricity, it can provide co-generation of process heat, desalinated water, and hydrogen with negligible greenhouse gas emissions. In each of these new applications, nuclear energy is competing against, or displacing conventional and established use of natural gas or coal in thermal power plants and boilers. Therefore, there must be a compelling case, in terms of supply certainty, stability, safety, security, and acceptability. In addition, a synergistic relation must exist or be created with the existing power and energy markets, the use of windpower, and the needs for low-cost supply with negligible greenhouse gas emissions and carbon 'footprint'. The development of Canada's oil sands resource depends on a substantial energy input for extraction and upgrading. So far, this input has been supplied by natural gas, a resource that (a) is a premium fuel; (b) has constrained availability; and (c) produces significant CO 2 emissions. For the oil sands extraction process, natural gas is the current energy source used to generate the steam for in-situ heating, the power to drive the separation equipment, and the hydrogen for varying degrees of upgrading before piping. Nothwithstanding the current imbalance between supply and demand for gas within North America, the very demand of the oil sands for prodigious amounts of natural gas has itself the potential to force higher prices and create supply constraints for natural gas. Rooted in the energy equivalence of oil and gas, there is a long-established link between American gas prices whereby one bbl of oil is worth 7 GJ of natural gas. Temporary supply/demand imbalances apart, only cheap oil can maintain cheap gas. Only the improbability of cheap oil will maintain low

  13. Panorama 2015 - Oil situation in 2014 and trends

    International Nuclear Information System (INIS)

    Maisonnier, Guy

    2014-01-01

    The decision by the OPEC producing countries on 27 November 2014 not to intervene in the market heralds a new world order for oil. Saudi Arabia has refused to be practically the only State to moderate its production to support prices. Therefore, against a background of oil surpluses and in the absence of a market watchdog to regulate the supply, the price has to adjust, which explains the 44% fall in Brent between June ($111/bbl) and December ($63/bbl). In 2015, subject to certain assumptions, an equilibrium price of $60 to $80/bbl could be envisaged. This price range should have the effect of mitigating the growth of American tight oil production, though in proportions that remain uncertain. It will also result in reduced investments in the oil sector, raising medium term risks for the supply. (author)

  14. Petroleum supply monthly, April 1990

    Energy Technology Data Exchange (ETDEWEB)

    None

    1990-06-26

    The Petroleum Supply Monthly (PSM) is one of a family of three publications produced by the Petroleum Supply Division within the Energy Information Administration (EIA) reflecting different levels of data timeliness and completeness. The other two publications are the Weekly Petroleum Status Report (WPSR) and the Petroleum Supply Annual (PSA). Data presented in the Petroleum Supply Monthly describe (PSM) the supply and disposition of petroleum products in the United States and major US geographic regions. The data series describe production, imports and exports, inter-Petroleum Administration for Defense (PAD) District movements, and inventories by the primary suppliers of petroleum products in the United States (50 States and the District of Columbia). The reporting universe includes those petroleum sectors in Primary Supply.'' Included are: petroleum refiners, motor gasoline blenders, operators of natural gas processing plants and fractionators, inter-PAD transporters, importers, and major inventory holders of petroleum products and crude oil. When aggregated, the data reported by these sectors approximately represent the consumption of petroleum products in the United States. Data presented in the PSM are divided into two sections: (1) the Summary Statistics and (2) the Detailed Statistics.

  15. Technology strategy in the upstream petroleum supply chain

    International Nuclear Information System (INIS)

    Bret-Rouzaut, N.; Thom, M.

    2005-03-01

    This study focuses on technology activities in the upstream oil and gas industry. Data from the period 1984 to 2002 is studied for evidence. The objectives are to describe technology strategies within this sector and to develop an understanding of how technology-related tasks and the control of technology are distributed throughout the supply chain. Frameworks for decision-making around technology strategy are presented. Firms that operate internationally and with the widest range of technological capabilities (so technology strategy is not modified strongly by any specialisation) are studied. These firms are large, private international oil companies and large integrated service and supply companies. Technology has different and distinct capabilities; it is a response to growth opportunities, it is a way to lower costs and it can lower the risks of certain business activities. Firms engage in Research and Development (R and D) to provide new technology. However, R and D is risky due to its typically long payback period and during this time many changes to forecasts and unforeseen paths may arise. These unforeseen circumstances provide unexpected benefits or expenses. In the context of this report, technology is defined as something that gives the user competitive advantage. Evidence points to having access to technology as a source of competitive advantage but oil companies and their suppliers have very different competitive objectives and strategies around technology. The former compete over the acquisition, exploration and production of crude oil and natural gas; competition is based on having some lead-time and/or cost advantage in terms of integrating the best technologies into any project. The later compete for the supply of products and services; competition is based on their technology content, quality and price. The international oil companies (IOCs), who are the traditional big spenders on technology, have reduced their technological activities

  16. Petroleum supply monthly, August 1994

    Energy Technology Data Exchange (ETDEWEB)

    1994-08-26

    Data presented in the Petroleum Supply Monthly (PSM) describe the supply and disposition of petroleum products in the United States and major US geographic regions. The data series describe production, imports and exports, inter-Petroleum Administration for Defense (PAD) District movements, and inventories by the primary suppliers of petroleum products in the United States (50 States and the District of Columbia). The reporting universe includes those petroleum sectors in primary supply. Included are: petroleum refiners, motor gasoline blenders, operators of natural gas processing plants and fractionators, inter-PAD transporters, importers, and major inventory holders of petroleum products and crude oil. When aggregated, the data reported by these sectors approximately represent the consumption of petroleum products in the United States. Data presented in the PSM are divided into two sections: Summary Statistics and Detailed Statistics.

  17. North American oil demand outlook

    International Nuclear Information System (INIS)

    Stewart, M.B.

    1995-01-01

    An understanding of the relationship of economic growth and potential petroleum product demand is needed to forecast the potential for North American oil demand growth as well as knowledge of world supply and price. The bullish expectations for economic growth in the US and Canada auger well for North American refiners and marketeers. The growth in world economic output forecast, however, means a larger oil demand and an increase in OPEC's pricing power. Such price increases could depress North American oil demand growth. (author)

  18. Report on the oil and gas industry in 2009

    International Nuclear Information System (INIS)

    2010-01-01

    This report proposes an overview of facts, events and data concerning the world oil and gas markets, the oil and gas exploration and production in the world, the challenges of gas European supplies, the exploration and production in France, the oil and oil-related industry, hydrocarbons imports, the refining activity in France, fuel quality, alternative fuels, the domestic transportation of oil products, gas infrastructures, the storage of oil products, the consumption of oil and gas products, taxes on hydrocarbons, prices for the final consumer, and the prices of oil products

  19. Alternatives to OPEC oil

    International Nuclear Information System (INIS)

    Johnson, C.

    1981-01-01

    This paper starts from the assumption that, for various reasons, the supply of OPEC oil required to meet a rising world energy demand will continue to be limited. Its purpose is to present a synoptic look at the various sources of energy which are alternatives to OPEC oil, with an economic commentary on the prospects for each source. A wide variety of projects are going forward for the development of non-OPEC oil, gas, coal, and nuclear power, as well as renewable energy resources. Special attention is devoted to questions of energy pricing, investment costs, and sources of finance. (author)

  20. Dynamics of world oil crops market

    Directory of Open Access Journals (Sweden)

    Knežević Marija

    2012-01-01

    Full Text Available According to the harvested area, oil crops are the second most important crops after cereals. Soybean is the most important oil crop in terms of production and trade of oilseeds and meals, and second most important in terms of production and trade of vegetable oils after palm oil. Dynamics of prices of derived oil crop products in the international market is conditioned by the relationship between supply and demand in the overall market of oil crops. The substitution of animal fats with vegetable oils in human nutrition, the expansion of biodiesel industry and intensification of livestock production have led to increased demand for oil crops. The objective of this paper was to identify trends in production, consumption and trade of soybeans, rapeseed and sunflower and their derived products.

  1. Supplies regulation; Reglementation des approvisionnements

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2001-07-01

    Since the 1 january 1993, the import and export of petroleum products and crude oil, their processing, transport, storage and distribution are free, provided some obligation respect allowing the supplying of these product during a crisis. The operators obligations are presented and discussed in this document as the taxes on petroleum products and natural gas. (A.L.B.)

  2. Evaluating U.S. oil security and import reliance

    International Nuclear Information System (INIS)

    Brown, Stephen P.A.; Huntington, Hillard G.

    2015-01-01

    We examine the literature that considers the consequences of U.S. reliance on imported oil. We take an approach that covers many ideas about the costs arising from U.S. reliance on imported oil, and we identify which of those ideas have broad support in the economics literature and which ideas have only limited support. We also quantify the costs of U.S. reliance on imported oil using two approaches. One is fairly narrow, conforms to the economics view of externalities, and yields small cost estimates. The other is relatively expansive, is favored by some policy analysts, and yields much larger cost estimates. We estimate these costs as expected U.S. economic losses over a time horizon from 2010 through 2035, while taking into account world oil market conditions, market power, probable oil supply disruptions, and the oil-market response to those supply disruptions. - Highlights: • A variety of perspectives on the consequences of U.S. reliance on imported oil. • Quantify and evaluate the costs of U.S. reliance on oil imports. • Narrower approaches are more consistent with the economic definition of externalities. • Narrower approaches yield recommendations for relatively modest policy. • Expansive approaches favored by some policy analysts support more aggressive policy

  3. Uncertainty Analysis for Oil-Film Interferometry Skin-Friction Measurement Techniques

    Science.gov (United States)

    Naughton, Jonathan W.; Brown, James L.; Merriam, Marshal (Technical Monitor)

    1996-01-01

    Over the past 20 years, the use of oil-film interferometry to measure the skin friction coefficient (C(sub f) = tau/q where tau is the surface shear stress and q is the dynamic pressure) has increased. Different forms of this oil-film technique with various levels of accuracy and ease of use have been successfully applied in a wide range of flows. The method's popularity is growing due to its relative ease of implementation and minimal intrusiveness as well as an increased demand for C(sub f) measurements. Nonetheless, the accuracy of these methods has not been rigorously addressed to date. Most researchers have simply shown that the skin-friction measurements made using these techniques compare favorably with other measurements and theory, most of which are only accurate to within 5-20%. The use of skin-friction data in the design of commercial aircraft, whose drag at cruise is 50% skin-friction drag, and in the validation of computational fluid dynamics programs warrants better uncertainty estimates. Additional information is contained in the original extended abstract.

  4. Vapor Measurement System of Essential Oil Based on MOS Gas Sensors Driven with Advanced Temperature Modulation Technique

    Science.gov (United States)

    Sudarmaji, A.; Margiwiyatno, A.; Ediati, R.; Mustofa, A.

    2018-05-01

    The aroma/vapor of essential oils is complex compound which depends on the content of the gases and volatiles generated from essential oil. This paper describes a design of quick, simple, and low-cost static measurement system to acquire vapor profile of essential oil. The gases and volatiles are captured in a chamber by means of 9 MOS gas sensors which driven with advance temperature modulation technique. A PSoC CY8C28445-24PVXI based-interface unit is built to generate the modulation signal and acquire all sensor output into computer wirelessly via radio frequency serial communication using Digi International Inc., XBee (IEEE 802.15.4) through developed software under Visual.Net. The system was tested to measure 2 kinds of essential oil (Patchouli and Clove Oils) in 4 temperature modulations (without, 0.25 Hz, 1 Hz, and 4 Hz). A cycle measurement consists of reference and sample measurement sequentially which is set during 2 minutes in every 1 second respectively. It is found that the suitable modulation is 0,25Hz; 75%, and the results of Principle Component Analysis show that the system is able to distinguish clearly between Patchouli Oil and Clove Oil.

  5. Oil and the political economy of energy

    International Nuclear Information System (INIS)

    Matutinovic, Igor

    2009-01-01

    The key issues concerning oil exploitation are still open for discussion: there is no agreement about where we presently stand in the world oil extraction curve, what is its exact shape, and how far can oil price grow before it changes irreversibly the world economy and consumer behavior. The paper proposes an alternative scenario to the Hubbert's bell-shaped model of oil exploitation, based on more realistic assumptions regarding political agendas in oil-exporting countries and consumer behavior dynamics in oil-importing countries. Under this scenario, the joint impact of markets and public policy in oil importing countries together with 'resource pragmatism' policy in oil-exporting countries allows for a less steep oil supply curve with a much fatter tail compared to the Hubbert's model.

  6. Comparison of China's oil import risk. Results based on portfolio theory and a diversification index approach

    International Nuclear Information System (INIS)

    Wu, Gang; Liu, Lan-Cui; Wei, Yi-Ming

    2009-01-01

    In recent years, the international oil price has fluctuated violently, bringing about huge risk for the international oil trade. In fact, the risk of crude oil and petroleum product imports is different because of the different import origins and prices. Which import risk is lower for China? From the perspective of oil supply security, how should China portfolio crude oil and petroleum product imports to minimize its oil import risk? Using portfolio theory and a diversification index approach, this paper compares and analyzes the supply, price and transport risks of crude oil and petroleum product imports. Our results show that the following: (1) Specific risk (diversification risk) and marine transport risk of China's petroleum product imports are lower than that of crude oil imports. (2) The average rate of return of China's petroleum product imports is higher than that of crude oil imports. Moreover, the average import price variance of petroleum product imports is lower than that of crude oil imports. Thus, the systematic risk (price risk) of petroleum products is lower too. Therefore, from the perspective of oil supply security, China should increase petroleum product imports to decrease its oil import risk. (author)

  7. Latest oil data, trends and prospects

    International Nuclear Information System (INIS)

    Tempest, Paul

    1996-01-01

    Reserves of crude oil, especially in non-opec areas continue to grow steadily. OPEC, however, remains dominant in the international trade of oil. Oil production, too, is buoyant, with expansion in OPEC running at 0.7% for 1994 and non-OPEC production expansion at 4.2%. Overall demand for oil also rose (by 1.7%), a sharp fall in CIS state consumption notwithstanding. Import dependence continues to grow. Heavy investment by the petroleum industry in production, transportation and processing is expected over the next thirty years. However, oil's share of the world energy mix continues to be eroded by nuclear power, gas and coal, despite adequate supplies. (UK)

  8. Crude oil prices : how high, how much harm?

    International Nuclear Information System (INIS)

    Levesque, M.; Alexander, C.

    2002-01-01

    This paper discussed the issue of crude oil prices and the economy. Crude oil prices are on the rise due to the recent events in the Middle East. In early April, West Texas Intermediate crude oil climbed to nearly US$28 a barrel. Most of the increase reflects the expectation of stronger world oil demand combined with supply constraints on the part of OPEC. Although there has been some concern expressed that rising oil prices may hinder economic recovery, the authors of this report do not see evidence that rising oil prices would throw economic recovery off course, arguing that the current spike will be short-lived. They stated that even under a worse-case scenario where prices remain inflated, there is little reason to fear for the health of the Canadian economy. OPEC is expected to increase its low production quotas in June. In addition, non-OPEC nations (Russia in particular) are expected to increase oil production in the coming months. The authors also indicated that it is unlikely that conflict in the West Bank will disrupt oil supply because Israel is not an oil-exporting nation. However, oil supply could be affected if other Arab nations were drawn into the issue. It was also noted that military action against Iraq would increase oil prices, possibly as high as US$40 a barrel, but the full extent of this hike in price will probably be unsustainable. In addition, the authors emphasized that the increase in energy costs would not be enough to seriously jeopardize the economic recovery in the United States. As for Canada, it is estimated that a US$10 per barrel increase in crude oil prices would have a small, but positive impact on Canadian GDP because in contrast to the United States, Canada produces much more energy than it consumers. In 2001, Canada ran a trade surplus of $2.8 billion. The report ended by stating that although higher oil prices could add a full percentage point to headline inflation by the end of the year, core inflation is likely to remain

  9. Measuring the attractiveness of rural communities in accounting for differences of rural primary care workforce supply.

    Science.gov (United States)

    McGrail, Matthew R; Wingrove, Peter M; Petterson, Stephen M; Humphreys, John S; Russell, Deborah J; Bazemore, Andrew W

    2017-01-01

    Many rural communities continue to experience an undersupply of primary care doctor services. While key professional factors relating to difficulties of recruitment and retention of rural primary care doctors are widely identified, less attention has been given to the role of community and place aspects on supply. Place-related attributes contribute to a community's overall amenity or attractiveness, which arguably influence both rural recruitment and retention relocation decisions of doctors. This bi-national study of Australia and the USA, two developed nations with similar geographic and rural access profiles, investigates the extent to which variations in community amenity indicators are associated with spatial variations in the supply of rural primary care doctors. Measures from two dimensions of community amenity: geographic location, specifically isolation/proximity; and economics and sociodemographics were included in this study, along with a proxy measure (jurisdiction) of a third dimension, environmental amenity. Data were chiefly collated from the American Community Survey and the Australian Census of Population and Housing, with additional calculated proximity measures. Rural primary care supply was measured using provider-to-population ratios in 1949 US rural counties and in 370 Australian rural local government areas. Additionally, the more sophisticated two-step floating catchment area method was used to measure Australian rural primary care supply in 1116 rural towns, with population sizes ranging from 500 to 50 000. Associations between supply and community amenity indicators were examined using Pearson's correlation coefficients and ordinary least squares multiple linear regression models. It was found that increased population size, having a hospital in the county, increased house prices and affluence, and a more educated and older population were all significantly associated with increased workforce supply across rural areas of both countries

  10. Fire-fighting burning oil wells

    International Nuclear Information System (INIS)

    Newbury, Herbert; Risk, Stewart.

    1993-01-01

    A method of extinguishing burning oil wells is presented which involves dispensing liquid nitrogen to the burning site to prevent or inhibit oxygen from fuelling the flames. To carry out the method a remotely operated vehicle is described which is provided with a source of liquid nitrogen and an articulated deployment boom capable of supplying the liquid nitrogen to the site of a burning oil well. (Author)

  11. Quest for Middle East oil: the US versus the Asia-Pacific region

    International Nuclear Information System (INIS)

    Salameh, Mamdouh G.

    2003-01-01

    Two very powerful geopolitical factors will decisively determine whether the quest for Middle East oil (mainly Gulf oil) could enhance the global oil security or could lead to oil supply disruptions and also instability and conflict in the Asia-Pacific region. The two factors are the United States' growing dependence on oil imports from the Middle East and the Asia-Pacific region's thirst for oil and the increasingly likely Chinese dependence on oil from the region. The Asia-Pacific countries are increasingly growing concerned about their ability to supply enough oil to fuel future economic growth. The region's phenomenal economic growth up to July 1997 and its economic recovery since then, and its steadily rising energy needs lend urgency to the question of how the region would meet its considerable energy challenges. This paper will endeavour to analyze the impact of this growing dependence on Middle East oil, on global oil supplies, the price of oil and global oil security. It will argue that such dependence on a volatile region like the Middle East and the perception of scarcer energy resources in the Asia-Pacific region, have the potential to lead to conflict in both regions unless these issues are dealt with in geoeconomic rather than geostrategic terms. The paper will strongly express the view that potential conflicts can be resolved not by force but through markets and investment and also through the diversification of energy sources and the promotion of alternative energy development and use across the region

  12. The outlook for crude oil supply and demand in Australia and its energy policy implications

    International Nuclear Information System (INIS)

    1991-08-01

    Australia's oil reserves and production have contributed significantly to national economic prosperity and growth since the first large scale discoveries in Bass Strait in the 1960s. As a finite, non-renewable resource, the reserves ultimately must decline. In 1988 the forecast was that Australia's oil production would begin to decline in the mid 1990s and then rapidly tail off by the late 1990s. With this in mind, AMEC Ministers agreed in 1988 that a Working Group should review the energy policy implications of the forecast decline in the production of petroleum. The Working Group's findings are presented in this booklet. Chapter 2 examines the outlook for demand for petroleum products in Australia until 2005. This Chapter is based on current Australian Bureau of Agricultural and Resource Economics (ABARE) forecasts as well as savings in fuel demand that are potentially available from fuel efficiency and fuel switching measures. Chapter 3, which includes BMR's recently revised petroleum production forecasts, looks at the outlook for crude oil and condensate production, also to 2005. Chapter 4 discusses the range of government initiatives already in place to foster the efficient exploration and production of petroleum in Australia. This Chapter also examines the outlook for Australian alternative liquid fuels. Chapter 5, which is based on analysis by ABARE, broadly examines the possible macroeconomic implications of declining oil production for Australia while Chapter 6 examines the issue of energy security and in particular its relationship with oil self sufficiency. Finally, Chapter 7 identifies some energy policy considerations and recommendations arising out of the Working Group's analysis. 7 tabs, 3 figs

  13. Supply and demand outlook for Japan's economic and energy up to FY2018

    International Nuclear Information System (INIS)

    Aoshima, Momoko; Yorita, Yasuo; Tsunoda, Miyuki

    2017-01-01

    Japan's economy has gradually expanded, with real GDP in the first quarter of 2017 becoming positive growth for five consecutive quarters for the first time since 2005 to 2006. Although the uncertain factors are increasing both in terms of politics and economy, the world economy is also growing moderately. As the main premises in the standard scenario, the following are supposed: (1) world economy grows moderately, with worldwide growth rate reaching 3.0% in FY2017 and 3.3% in FY2018, (2) exchange rate is about ¥115/$ in both FY2017 and FY2018 average, (3) as for nuclear power generation, cumulative restarted unit number reaches 10 basis until the end of FY2018, with average months of operation in FY2018 reaching 9 months, and with power generation amount reaching 65.6 billion kWh (7% of the power supply composition ratio), and (4) as for the supply and demand for power, the supply reserve ratio of 3% necessary for stable electric power supply can be secured nationwide. Thus, the supply and demand outlook for Japan's economic and energy up to FY2018 was made. The following various evaluation analyses were carried out: (1) macro economy, (2) production activities, (3) primary energy domestic supply, (4) final energy consumption, (5) electricity sales volume and power supply composition (electric power companies), (6) city gas sales volume (gas companies), fuel oil and LPG sales volume and crude oil throughput, and (7) in-depth analysis; demand trend of light oil, renewable energy power generation, and effects of restart of nuclear power plants. (A.O.)

  14. World electricity generation, nuclear power, and oil markets

    International Nuclear Information System (INIS)

    1990-01-01

    Striking changes have characterized the world's production and use of energy over the past 15 years. Most prominent have been the wide price fluctuations, politicization of world oil prices and supply, along with profound changes in patterns of production and consumption. This report, based on a study by energy analysts at Science Concepts, Inc., in the United States, traces changes in world energy supply since 1973-74 - the time of the first oil ''price shocks''. In so doing, it identifies important lessons for the future. The study focused in particular on the role of the electric power sector because the growth in fuel use in it has been accomplished without oil. Instead, the growth has directly displaced oil. In the pre-1973 era, the world relied increasingly on oil for many energy applications, including the production of electricity. By 1973, more than on-fourth of the world's electricity was produced by burning oil. By 1987, however, despite a large increase in electric demand, the use of oil was reigned back to generating less than 10% of the world's electricity. Nuclear power played a major role in this turnaround. From 1973-87, analysts at Science Concepts found, nuclear power displaced the burning of 11.7 billion barrels of oil world-wide and avoided US $323 billion in oil purchases

  15. A new paradigm for oil?

    International Nuclear Information System (INIS)

    Noel, P.

    2004-09-01

    The author takes stock on the dynamic of the oil system. He shows how the economic laws can be applied to the petroleum market and analyzes the effects of the prices evolution. The creeping oil shock of 2003-2004 has proven less disruptive than one may have anticipated. Commodity cycles on the one hand the shaky management of marginal supply by OPEC on the other hand, are very likely to create ample prices swings with little relations, if any, to the actual scarcity-or lack thereof-of oil resources. (A.L.B.)

  16. Medium-Term Oil and Gas Markets 2011

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2011-06-16

    Oil and gas markets have been marked by an increased divergence in recent months. On the one hand, oil market developments have generated an unpleasant sense of deja vu: rapid demand growth in emerging markets eclipsed sluggish supply growth to push prices higher even before the conflict in Libya tightened supplies still further. Oil prices around $100/bbl are weighing down on an already-fragile macroeconomic and financial situation in the OECD, pressuring national budgets in the non-OECD and causing price inflation of other commodities, as well as political concerns about speculation. There is an uncanny resemblance to the first half of 2008. On the other hand, in the world of natural gas an amazing disconnect has developed as demand recovered to well above pre-financial-crisis levels in most major regions. Gas markets have tightened in Europe and Asia, where prices are about twice the level seen in the United States, as the unconventional gas revolution is in full swing. From the upstream implications of the Arab Spring to the macroeconomic consequences of the eurozone crisis, energy markets are experiencing one of the most uncertain periods in decades. This publication provides a comprehensive outlook for oil and gas fundamentals through 2016. The oil market analysis covers demand developments on a product-by-product and key-sector basis, as well as a detailed bottom-up assessment of upstream and refinery investments, trade flows, oil products supply and OPEC spare capacity. The gas market analysis offers a region-by-region assessment of demand and production, infrastructure investment, price developments and prospects for unconventional gas. It also examines the globalising LNG trade.

  17. IEA Shows Concerns Over China's Oil Stockpiling

    Institute of Scientific and Technical Information of China (English)

    2004-01-01

    @@ Reportedly, China's oil imports accounted for nearly one third of the world's total oil supply in 2003. The country's oil imports are estimated at 110~120 million tons in 2004,equal to 2.2~2.4 million barrels per day, much higher than 91 million tons in 2003. International Energy Agency has helped the Chinese government with the country's strategic oil stockpiling plan by offering the training. The Paris-based IEA has urged China to take into consideration how to operate and maintain the national strategic oil stockpiling system and clarify the roles of the enterprises and the State in oil stockpiling.

  18. Why the Nature of Oil Shocks Matters

    International Nuclear Information System (INIS)

    Archanskaia, Elizaveta; Hubert, Paul; Creel, Jerome

    2009-03-01

    This article studies the impact of oil shocks on the macro-economy in two ways insofar unexploited in the literature. The analysis is conducted at the global level, and it explicitly accounts for the potentially changing nature of oil shocks. Based on an original world GDP series and a grouping of oil shocks according to their nature, we find that oil supply shocks negatively impact world growth, contrary to oil demand shocks, pro-cyclical in their nature. This result is robust at the national level for the US. Furthermore, endogenous monetary policy is shown to have no counter-cyclical effects in the context of an oil demand shock. (authors)

  19. Pengukuran Kinerja Supply Chain Dengan Pendekatan Supply Chain Operation References (SCOR)

    OpenAIRE

    Rizki Wahyuniardi; Moh. Syarwani; Ryan Anggani

    2017-01-01

    PT. Brodo Ganesha Indonesia is a national company engaged in manufacturing with the production of leather shoes. The company has many stakeholders and it is difficult to manage its supply chain, thereby affecting the effectiveness and efficiency of the company's supply chains. The research was conducted to measure the performance of supply chain by using Supply Chain Operation References (SCOR) approach. The initial hierarchy model of performance measurement is tailored to the company's condi...

  20. The Selected Method and Tools for Performance Measurement in the Green Supply Chain—Survey Analysis in Poland

    Directory of Open Access Journals (Sweden)

    Blanka Tundys

    2018-02-01

    Full Text Available The methods and tools for the performance measurement and evaluation of the green supply chain management are very important elements for the construction and function of this type of supply chain. The result is a presentation of the considerations underlying a very general model, which presents some selected tools, but no breakdown of individual industries. The considerations undertaken are important and have scientific added value as usually in practice, a very large number of tools are used to assess the supply chain, which are not always correlated or adapted to the specificity of the chain. It is worth pointing out which of the already used or completely new tools and methods will be most useful for assessing the green supply chain. The structure of the paper covers the theoretical and empirical. It includes an introduction, our goals and hypotheses, state of the art, methodology, empirical findings, and discussion. We present the definitional differences between green and sustainable supply chains and focus on the selection and identification of methods for the framework model for evaluating the green supply chain. In the next step, the theoretical and selected method and tools were compared to a survey of Poland. On the basis of the survey, we present the findings and discussions found in this area. The main methodology used includes a literature review, a survey analysis using a questionnaire and statistical tools. The survey was carried out in 2015 in sample organizations in Poland. The research results showed that organizations were aware of the environmental elements of measuring and assessing the supply chain from an environmental point of view, but their use depended on many factors: the area, size of the organization, or the industry. If certain boundary conditions are met and the organizations are aware of the essence of environmental aspects in the chain, then they are applying green measures to the supply chain. These findings