Economics Of Petroleum Principles

Author : Roshdy Ebrahim
Publisher : Independently Published
Page : 242 pages
File Size : 52,6 Mb
Release : 2018-02-25
Category : Business & Economics
ISBN : 1980391076

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Economics of Petroleum, Principles by Roshdy Ebrahim Pdf

As the power source of social developments, energy is of decisive importance to a country's economic performance, competition ability and overall national strength. Among all kinds of energy, petroleum and natural gas, functioning as the key resources, high-quality chemical raw materials and indispensable war materials, are capturing more and more attention nowadays by counties all around the world, that is why they are also called the black gold.Fossil fuels (coal, oil and natural gas) provide about 87 % of the energy utilized by humanity, and modern societies are completely dependent upon this massive amount of energy to maintain and grow their size and complexity. Among the fossil fuels, oil takes a special place, not only providing about 33 % of global energy, but also being the predominant transport fuel given its energy density and liquid form at room temperature. Since the exploration, extraction, and transportation of the other fossil fuels are themselves heavily dependent upon the availability of oil, a shortage of oil could easily lead to constraints on the supply of all the other fossil fuels. Coal, gas, and even plants (such as corn and sugarcane) can be used to produce something like oil but much of the energy is used up in the conversion process. In the foreseeable future, these processes will not be able to significantly offset declines in oil production as there are severe limitations on the rate at which the required facilities could be put in place and the scale of production that they could support. Some transport sectors could be converted to use electricity, but the huge infrastructure and vehicle changes needed would require significant amounts of the declining net energy supplies available. History demonstrates that large scale energy use transformations have taken many decades to complete. Thus, if global oil production falters, or even falls, within the next decade, economic growth will almost certainly grind to a halt.This book is considered the mean ground or the infrastructure to understand the petroleum economics, I hope it will be good enough for you, enjoy

Author : Hussein K. Abdel-Aal,Mohammed A. Alsahlawi
Publisher : CRC Press
Page : 488 pages
File Size : 48,9 Mb
Release : 2013-12-14
Category : Science
ISBN : 9781466506664

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Petroleum Economics and Engineering, Third Edition by Hussein K. Abdel-Aal,Mohammed A. Alsahlawi Pdf

This book explains how to apply economic analysis to the evaluation of engineering challenges in the petroleum industry. Discussion progresses from an introduction to the industry, through principles and techniques of engineering economics, to the application of economic methods. Packed with real-world examples and case studies demonstrating how to calculate rate of return, discounted cash flow, payout period, and more, Petroleum Economics and Engineering, Third Edition assists petroleum engineers, chemical engineers, production workers, management, and executives in sound economic decision-making regarding the design, manufacture, and operation of oil and gas plants, equipment, and processes. The fully revised third edition is updated to reflect key advancements in petroleum technology and expanded to include chapters on middle stream operations, known as surface petroleum operations (SPO), and natural gas processing and fractionation. By looking globally at the hydrocarbon industry, the improved text offers the reader a more complete picture of the petroleum sector, which includes the global processes of exploration, production, refining, and transportation.

Author : M.A. Al-Sahlawi
Publisher : CRC Press
Page : 468 pages
File Size : 47,8 Mb
Release : 1992-01-22
Category : Technology & Engineering
ISBN : 0824784286

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Petroleum Economics and Engineering, Second Edition by M.A. Al-Sahlawi Pdf

Revised and updated to reflect major changes in the field, this second edition presents an integrated and balanced view of current attitudes and practices used in sound economic decision-making for engineering problems encountered in the oil industry. The volume contains many problem-solving examples demonstrating how economic analyses are applied to different facets of the oil industry.;Discussion progresses from an introduction to the industry, through principles and techniques of engineering economics, to the application of economic methods to the oil industry. It provides information on the types of crude oils, their finished products and resources of natural gas, and also summarizes worldwide oil production and consumption data.

Author : Philip Daniel,Michael Keen,Charles McPherson
Publisher : Routledge
Page : 471 pages
File Size : 49,8 Mb
Release : 2010-04-15
Category : Business & Economics
ISBN : 9781136966958

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The Taxation of Petroleum and Minerals by Philip Daniel,Michael Keen,Charles McPherson Pdf

Oil, gas and mineral deposits are a substantial part of the wealth of many countries, not least in developing and emerging market economies. Harnessing some part of that wealth for fiscal purposes is critical for economic development: in few areas of economic life are the returns to good policy so large, or mistakes so costly.

Author : Philip Daniel,Michael Keen,Charles McPherson
Publisher : Routledge
Page : 659 pages
File Size : 40,8 Mb
Release : 2010-04-15
Category : Business & Economics
ISBN : 9781136966941

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The Taxation of Petroleum and Minerals by Philip Daniel,Michael Keen,Charles McPherson Pdf

There are few areas of economic policy-making in which the returns to good decisions are so high—and the punishment of bad decisions so cruel—as in the management of natural resource wealth. Rich endowments of oil, gas and minerals have set some countries on courses of sustained and robust prosperity; but they have left others riddled with corruption and persistent poverty, with little of lasting value to show for squandered wealth. And amongst the most important of these decisions are those relating to the tax treatment of oil, gas and minerals. This book will be of interest to Economics postgraduates and researchers working on resource issues, as well as professionals working on taxation of oil, gas and minerals/mining.

Author : Philip Daniel,Michael Keen,Charles McPherson
Publisher : Routledge
Page : 368 pages
File Size : 52,7 Mb
Release : 2010-04-30
Category : Business & Economics
ISBN : 0203851080

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The Taxation of Petroleum and Minerals: Principles, Problems and Practice by Philip Daniel,Michael Keen,Charles McPherson Pdf

There are few areas of economic policy-making in which the returns to good decisions are so high—and the punishment of bad decisions so cruel—as in the management of natural resource wealth. Rich endowments of oil, gas and minerals have set some countries on courses of sustained and robust prosperity; but they have left others riddled with corruption and persistent poverty, with little of lasting value to show for squandered wealth. And amongst the most important of these decisions are those relating to the tax treatment of oil, gas and minerals. This book will be of interest to Economics postgraduates and researchers working on resource issues, as well as professionals working on taxation of oil, gas and minerals/mining.

Author : Hussein K. Abdel-Aal
Publisher : CRC Press
Page : 385 pages
File Size : 43,7 Mb
Release : 2021-02-25
Category : Technology & Engineering
ISBN : 9781000346404

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Economic Analysis of Oil and Gas Engineering Operations by Hussein K. Abdel-Aal Pdf

Engineers seek solutions to problems, and the economic viability of each potential solution is normally considered along with the technical merits. This is typically true for the petroleum sector, which includes the global processes of exploration, production, refining, and transportation. Decisions on an investment in any oil or gas field development are made on the basis of its value, which is judged by a combination of a number of economic indicators. Economic Analysis of Oil and Gas Engineering Operations focuses on economic treatment of petroleum engineering operations and serves as a helpful resource for making practical and profitable decisions in oil and gas field development. Reflects major changes over the past decade or so in the oil and gas industry Provides thorough coverage of the use of economic analysis techniques in decision-making in petroleum-related projects Features real-world cases and applications of economic analysis of various engineering problems encountered in petroleum operations Includes principles applicable to other engineering disciplines This work will be of value to practicing engineers and industry professionals, managers, and executives working in the petroleum industry who have the responsibility of planning and decision-making, as well as advanced students in petroleum and chemical engineering studying engineering economics, petroleum economics and policy, project evaluation, and plant design.

Author : Lev Gavrilovich Gurvich
Publisher : Unknown
Page : 520 pages
File Size : 43,8 Mb
Release : 1927
Category : Petroleum
ISBN : UOM:39015002931312

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The Scientific Principles of Petroleum Technology by Lev Gavrilovich Gurvich Pdf

Author : Ian Lerche,Sheila Noeth
Publisher : multi-science publishing
Page : 300 pages
File Size : 46,7 Mb
Release : 2004
Category : Business & Economics
ISBN : 0906522242

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Economics of Petroleum Production: Value and worth by Ian Lerche,Sheila Noeth Pdf

Report :Original ISBN not available, alternate ISBN recorded Comments :ISBN 9780906522233 replaced with 9780906522240.

Author : Joseph P. Kalt
Publisher : Mit Press
Page : 327 pages
File Size : 45,7 Mb
Release : 1983
Category : Business & Economics
ISBN : 0262610361

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The Economics and Politics of Oil Price Regulation by Joseph P. Kalt Pdf

A broad and impressive study by an economist of the effects of federal petroleum price regulation and (more briefly) of its political causes.

Author : Interstate Oil Compact Commission. Engineering Committee
Publisher : Unknown
Page : 542 pages
File Size : 41,7 Mb
Release : 1969
Category : Petroleum
ISBN : STANFORD:36105060020240

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A Summary of Principles of Petroleum Conservation Related to the Regulation of Oil and Gas Production by Interstate Oil Compact Commission. Engineering Committee Pdf

Author : A. N. Sarkar
Publisher : Pentagon Press
Page : 576 pages
File Size : 45,8 Mb
Release : 2009
Category : Business & Economics
ISBN : 8182744210

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Petro-economics by A. N. Sarkar Pdf

A sound knowledge in different facets of Petro-economics is a sine quo non particularly for the Petro-chemical industries dealing with exploration, development, production, refining, transportation, storage and marketing of oil, natural gas and a wide-ranging Petro-product. Evolution and application of the concept of Petro-economics, following the first-ever major `oil shock` in the early 1970`s has gained strategic significance and tremendous momentum from the first decade of the 21st century on the following grounds: (i) Emerging need for integration of National energy security with Global energy security environment ; (ii) Growing concerns for safeguarding dwindling Strategic oil and natural gas reserves to cater to the growing economy in the developing world (particularly the BRIC`s Nations) with much greater projected future demand for oil and natural gas ; (iii) Segmentation of the global oil and natural gas market on geo-political basis, compounded by the overwhelming ramifications of regional economic unions; (iv) Price structuring, rationalization/ parity, and attendant accounting problems of oil and natural gas in terms of upstream, midstream, downstream, marketing/ retailing activities associated with crudes, refined oil and natural gas (including LNG, CNG) products; (v) Benchmarking the quality standards of petro-products with branding and customization for reaching out the global market; (vi) Need for activating reforms process to allow free -flow of petro-products and services in the hyper-competitive global market. With this backdrop and thematic approaches in mind, the book on Petro-Economics focuses on the following cardinal aspects to suit all categories of readers: A. To develop a broad understanding about the genesis, exploration, production, refining, transportation and marketing of petroleum and natural gas- both from technological and management angles B. Familiarities in broad terms with general economic principles and accounting procedure for efficiently run and manage petro-businesses, covering major upstream, midstream and downstream activities C. Familiarities with national and global issues concerning energy securities and exposure to national policies conducive to oil and natural gas trading under deregulated market environment D. Implications of geopolitics and allied issues in global petro-businesses E. Role of E-commence and petro-informatics in oil trading/ petro-retailing

Author : Franklin M. Fisher
Publisher : Routledge
Page : 178 pages
File Size : 44,5 Mb
Release : 2015-06-11
Category : Science
ISBN : 9781317500292

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Supply and Costs in the U.S. Petroleum Industry (Routledge Revivals) by Franklin M. Fisher Pdf

Any discussion of the various facets of petroleum policy in the United States rests to a greater or less extent on the issue of sensitivity of petroleum exploration, and hence of new petroleum discoveries to economic incentives. Indeed, a principle argument in favour of having a special petroleum policy at all is that domestic petroleum exploration is so sensitive to economic considerations that in the absence of special incentives exploration expenditures would sharply decrease, as would the amount of petroleum discovered; consequently, the nation’s known oil resources would be reduced to an extent dangerous in the event of an international crisis. This study attempts to answer the question: how sensitive are new petroleum discoveries to economic incentives? This book will be of interest to students of environmental studies.

Author : Mohamed A. Fahim,Taher A. Al-Sahhaf,Amal Elkilani
Publisher : Elsevier
Page : 513 pages
File Size : 48,5 Mb
Release : 2009-11-19
Category : Technology & Engineering
ISBN : 9780080931562

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Fundamentals of Petroleum Refining by Mohamed A. Fahim,Taher A. Al-Sahhaf,Amal Elkilani Pdf

Fundamentals of Petroleum Refining presents the fundamentals of thermodynamics and kinetics, and it explains the scientific background essential for understanding refinery operations. The text also provides a detailed introduction to refinery engineering topics, ranging from the basic principles and unit operations to overall refinery economics. The book covers important topics, such as clean fuels, gasification, biofuels, and environmental impact of refining, which are not commonly discussed in most refinery textbooks. Throughout the source, problem sets and examples are given to help the reader practice and apply the fundamental principles of refining. Chapters 1-10 can be used as core materials for teaching undergraduate courses. The first two chapters present an introduction to the petroleum refining industry and then focus on feedstocks and products. Thermophysical properties of crude oils and petroleum fractions, including processes of atmospheric and vacuum distillations, are discussed in Chapters 3 and 4. Conversion processes, product blending, and alkylation are covered in chapters 5-10. The remaining chapters discuss hydrogen production, clean fuel production, refining economics and safety, acid gas treatment and removal, and methods for environmental and effluent treatments. This source can serve both professionals and students (on undergraduate and graduate levels) of Chemical and Petroleum Engineering, Chemistry, and Chemical Technology. Beginners in the engineering field, specifically in the oil and gas industry, may also find this book invaluable. Provides balanced coverage of fundamental and operational topics Includes spreadsheets and process simulators for showing trends and simulation case studies Relates processing to planning and management to give an integrated picture of refining

Author : Daniel P. Ahn
Publisher : MIT Press
Page : 229 pages
File Size : 42,9 Mb
Release : 2019-04-09
Category : Business & Economics
ISBN : 9780262347884

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Principles of Commodity Economics and Finance by Daniel P. Ahn Pdf

A rigorous but practical introduction to the economic, financial, and political principles underlying commodity markets. Commodities have become one of the fastest growing asset classes of the last decade and the object of increasing attention from investors, scholars, and policy makers. Yet existing treatments of the topic are either too theoretical, ignoring practical realities, or largely narrative and nonrigorous. This book bridges the gap, striking a balance between theory and practice. It offers a solid foundation in the economic, financial, and political principles underlying commodities markets. The book, which grows out of courses taught by the author at Columbia and Johns Hopkins, can be used by graduate students in economics, finance, and public policy, or as a conceptual reference for practitioners. After an introduction to basic concepts and a review of the various types of commodities—energy, metals, agricultural products—the book delves into the economic and financial dynamics of commodity markets, with a particular focus on energy. The text covers fundamental demand and supply for resources, the mechanics behind commodity financial markets, and how they motivate investment decisions around both physical and financial portfolio exposure to commodities, and the evolving political and regulatory landscape for commodity markets. Additional special topics include geopolitics, financial regulation, and electricity markets. The book is divided into thematic modules that progress in complexity. Text boxes offer additional, related material, and numerous charts and graphs provide further insight into important concepts.