Encyclopaedia of Economics of Petroleum , Oil , Gas Production & Engineering Profit , Risk , Value & Worth

• Other Authors: Flores, Ethan (Editor)
• Format: Book
• Language: English
• Published: United Kingdom Auris Reference 2012
• Subjects: Petroleum engineering > Economic aspects; Petroleum industry and trade
• Online Access: Click Here to View Status and Holdings.
• Physical Description: vii, 256 pages illustrations 24 cm
• Bibliography: Includes bibliographical references and indexes
• ISBN: 9781781540053

The oil industry deals with the global processes of exploration, production, transportation, refining and marketing of natural hydrocarbons (crude oil and natural gas). Hydrocarbons, besides being the basic raw materials of the chemical industry (plastics, textiles, dyes, medicines, solvents, fertilizers, pesticides, etc.) represent the largest source of energy on the planet. Over 60% of primary energy needed in the world today comes from crude oil and natural gas (more than 80% from fossil fuels) and thus it is critical to many nations in terms of economic, geopolitical and national security.