INTRODUCTION: Oil and gas conservation means their better and more efficient use with regard to economic social or environmental costs and benefits resulting in attainment of higher energy use efficienciesm minimixation of wasteful practices. WAYS TO CONSERVE OIL AND GAS IN OUR DAILY LIFE: -The simplest way to conserve oil is to cut down the use of cars and bikes -Walk‚run or use bicycle or electric bike to reach your distination. It not only conserve oil but also gives
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CHAPTER 1: NATURAL GAS IN INDIA * Importance of natural gas Natural Gas is a new age fuel. Natural Gas is the cleanest of fossil fuels. Natural Gas satisfies most of the requirements for fuel in a modern day industrial society‚ being efficient‚ non-polluting and relatively economical. Natural Gas requires a strong distribution network to not only support existing demand‚ but also fuel future demand. A big challenge lies in bridging the physical gap between demand and supply centers in an efficient
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We should be proud of our country’s natural bounty and unique bio-diversity. India is amongst the rare countries where major biomes of the world are represented. India is one among the twelve countries where 60-70% of the world’s total biodiversity exists. India has two out of the 18 biodiversity hot spots in the world. India has rich traditional knowledge and wisdom in the conservation of nature and natural resources. Religious beliefs‚ culture and folklore have together treated nature and
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Håvard Devold Oil and gas production handbook An introduction to oil and gas production ISBN 978-82-997886-1-8 PREFACE This handbook has been compiled for readers with an interest in the oil and gas production industry. It is an overview of the main processes and equipment. When we searched for a suitable introduction to be used for new engineers‚ I discovered that much of the equipment is described in standards‚ equipment manuals and project documentation. But little material was
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Bangladesh has always been considered a natural gas rich country. It is largely available in the eastern part of the country extending from greater Sylhet down to greater Comilla‚ Noakhali and Chittagong. It has also been discovered offshore in the Bay of Bengal. Natural gas plays an important role in the country ’s economy. It is an environment friendly fuel‚ which undergoes clean and odorless combustion. It is widely used as fuel for domestic (cooking and heating)‚ industrial (metallurgical‚ ceramic
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Fracking for Natural Gas In today’s global fight for the growing demand of energy and promotion of saving energy‚ fracking has become very controversial. The dangers to our society and health are at the forefront in conducting safer practices. To obtain the natural gas‚ fracking or hydraulic fracking must be conducted. Hoffman (2015) explained‚ “Hydrofracking is a controversial oil and gas extraction technique developed in the late 1940s to gain access to fossil energy deposits previously inaccessible
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The global oil and gas industry also involves the exploration and production of commodity and energy trading‚ pipeline monitoring and renewable energy. Petroleum is proved to be one of the most valuable commodities in the world today and a vital factor in the sustenance of industrial civilization. Crude oil production accounts for a significant amount of the world’s oil consumption‚ approximately 53% in the Middle East‚ 32% in Europe and Asia‚ 44% in South and Central America‚ 41% in Africa and
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Topic: IFRS and US GAAP in the Oil and Natural Gas Industry Summer 2013 July 17‚ 2013 Introduction Many countries in the world speaks many different languages when it comes to financial reporting. When one compare the accounting standards years ago to what is seen today‚ it’s shown that investors tolerated a great deal. As the markets are becoming global‚ investors are choosing the better global accounting standards that are available to them. For this reason‚ this paper will point out the International
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An Industrial Analysis on OIL AND GAS Industry With specific references to Indian oil‚ HP Gas‚ Bharath Gas‚ Oil and Natural Gas Corporation Ltd. Submitted to Lakireddy Balireddy College of Engineeing(Autonomous) Mylavaram In partial fulfillment of the Requirement For the award of the degree of MASTER OF BUSINESS ADMINISTRATION Submitted by KANDUBOTHU CHITTI BABU (REG. No. 121E00020) Under the esteemed guidance of Dr.T.RAJASEKAR ‚ M.B.A‚PhD. FACULTY‚ DEPARTMENT OF MANAGEMENT STUDIES
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Enron Corporation was one of the largest integrated natural gas and electricity companies in the world. It marketed natural gas liquids worldwide and operated one of the largest natural gas transmission systems in the world‚ totaling more than 36‚000 miles. It was also one of the largest independent developers and producers of electricity in the world‚ serving both industrial and emerging markets. Timeline Enron began as Northern Natural Gas Company‚ organized in Omaha‚ Nebraska‚ in 1930. The
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