Major Natural gas producers Graph.2 Gas Exporting Countries Forum (GECF) Natural gas Demand & Price Natural gas could be the 100% replacement of crude oil’ Conclusion 1. Introduction Natural gas is a very important energy source in the world and it is the cleanest and most hydrogen rich of all the hydrocarbon energy sources and it has high energy conversation efficiencies for power generation [1]. In olden days natural gas was only
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What Moves the Oil and Gas Price? Why are oil prices and gas prices so dramatically increased in the last view years? Oil and gas price will maintain the current level or rise in the next years because of the world economy‚ an increased demand on oil and its production costs‚ the gas demand‚ and the investment in developing alternative energy sources. How long will the oil reserves last? It is currently estimated that the oil reserves in the United States will last for 20 to 30 years
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LIQUIFIED Natural Gas December 2012 Take a look at the long-term charts of crude oil and natural gas. The historical oil-to-gas price ratios have ranged from 6:1 to 10:1 before the economic crisis. Since one barrel of oil contains the energy equivalent of the 5.825 million BTU of natural gas‚ an implied BTU arbitrage kept this relationship in check. Spot natural gas traded as low 1.905 earlier in the week implying an energy equivalent price of a barrel of crude oil of $11
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3Natural Gas Business in Indonesia Introduction Gas is an energy future of Indonesia. It is a fact that cannot be denied anymore. Based on existing data‚ throughout 2010 there were new discoveries of gas reserves are significant enough to achieve 2.09 trillion cubic feet‚ while the discovery of oil only amounted to 140 million barrels only. On January 1‚ 2011‚ proved reserves position and potential of gas in Indonesia reached 153.72 trillion cubic feet of proven and potential reserves and crude
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| Natural Gas | | | | | | | Table of Contents Introduction 3 Principal Factors Influencing Demand 3 Residential and Commercial Heating 3 Price and Fuel Switching 3 Industrial Advancements 3 Growing Environmental Concern 4 Recent Natural Disasters 4 Growing Global Demand 4 Principal Factors Influencing Supply 5 Technology 6 Infrastructure 6 Unconventional Sources 7 Availability 7 About the Industry 8 Natural Gas Price Trends 9 The Future of Natural
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I. Title: How much oil do we have left and how long can it last? II. Introduction Since the late 19th century‚ there were people that have been living under a roof lighted up by electricity generated by water power and coal‚ and later on fuel oils. As years go by and the world becomes more industrialized‚ this number of people grew exponentially which led to this day and age‚ where almost every industrialized country has access to it which can be numbered in billions. In addition‚ fossil fuels
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mankind. Today ‚ a major threat to survival of these organisms is deforestation. We know that deforestation means clearing forests and using the land for other purposes. Trees in the forestare cut for procuring land for cultivation‚building houses and factories and making furniture or using wood as fuel.Some natural causesof deforestation are forest fires and severe droughts. We know that deforestation disturbs the balance in nature.If cutting of trees continues
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Current & Emerging Challenges in Global Oil & Gas Industry Submitted By: ABHISHEK KUMAR ROLL – 02 PGDM - IB Under the Guidance of: Prof. C P JOSHI HOD (Strategy‚ International Business & General Management) Current & Emerging Challenges in Global Oil & Gas Industry 1. Topic: Current & Emerging Challenges in Global Oil & Gas Industry 2. Objective: This seminar paper aims to briefly analyse the current challenges faced by Global Oil & Gas companies and its impact on the global energy
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ACKNOWLEDGEMENT We would like to express our gratitude to our Health‚ Safety and Environment lecturer‚ Assoc Prof Dr Mohd Azmuddin bin Abdullah for allowing us to learn more about safety in the workplace environment. All the thing that we have been lectured on will be a valuable asset for our own safety in the future while working in our own respective workplace. All the tips and advices given by him will be used to its full extent to make our project as perfect as possible. We also want to thanks
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PDVSA State Oil & Gas Company United Kingdom. Registered Sub Office: Avenue Liberation‚ Torre Estate Road Aberdeen‚postcode‚ PBD07P‚ Scotland‚United Kingdom Tel: +448719156661. Fax: +448719156667. Website: www.pdvsa.com E-mail: stateoil.gc@live.co.uk NEW JOB EMPLOYMENT OFFER‚ The State Oil and Gas Company of Scotland is interested to employ individuals who excel in their area of expertise in all areas of engineering‚ all other oil and gas related sector‚ Trading‚ Documentation/ Shipment
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