Crude Oil essaysCrude oils are unprocessed oils mined straight from the oil source. Crude oils are such a useful starting point for so many different substances because they contain hydrocarbons. Crayons, plastics, heating oil, jet fuel, kerosene, synthetic fibres and tires are all originally made f.
An oil refinery or petroleum refinery is an industrial process plant where crude oil is transformed and refined into more useful products such as petroleum naphtha, gasoline, diesel fuel, asphalt base, heating oil, kerosene, liquefied petroleum gas, jet fuel and fuel oils. Petrochemicals feed stock like ethylene and propylene can also be produced directly by cracking crude oil without the need.
A woman dries betel nut fruit in her village inside Asia World's palm oil plantation near Myeik, Myanmar, on November 11, 2016. After fleeing the area due to fighting between the Burmese military and rebel groups, these families returned to find that military-connected companies had seized and transformed their villages into plantations.
This is a Valuation Master Class student essay by Tossapon Rodyim from May 25, 2019. Tossapon wrote this essay in Module 3 and has since completed all five modules of the Valuation Master Class. The oil refinery is one of the major businesses in Thailand with a market capitalization over 600 billion THB.
The modern history of petroleum began in the 19th century with the refining of paraffin from crude oil. The Scottish chemist James Young in 1847 noticed a natural petroleum seepage in the Riddings colliery at Alfreton, Derbyshire from which he distilled a light thin oil suitable for use as lamp oil, at the same time obtaining a thicker oil suitable for lubricating machinery.
A crude oil refinery is a group of industrial facilities that turns crude oil and other inputs into finished petroleum products. A refinery's capacity refers to the maximum amount of crude oil designed to flow into the distillation unit of a refinery, also known as the crude unit. The diagram above presents a stylized version of the distillation process.
Author: Dr. Semih Eser, Professor of Energy and Geo-Environmental Engineering, College of Earth and Mineral Sciences, Penn State. This courseware module is part of Penn State's College of Earth and Mineral Sciences' OER Initiative. Except where otherwise noted, content on this site is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.