Oil is pumped from deep underground and under seas. Once it has been collected, it is transported to a refinery where it is turned into useful products for customers. A barrel of crude oil is 42-gallons. From this, regulations force refineries to turn at least 50 percent into gasoline. Crude oil from each reservoir has [...]
PetroVietnam in talks to sell Dung Quat refinery stake
February 22, 2009 by Leave a Comment
State oil monopoly PetroVietnam is in talks with a number of foreign oil companies including Royal Dutch Shell, India’s Essar and South Korea’s SK Energy to upgrade and sell part of the country’s first refinery. The Ministry of Planning and Investment-run Dau Tu (Investment) newspaper quoted PetroVietnam chairman Dinh La Thang as saying the group [...]
First products of Dung Quat refinery hit market today
February 22, 2009 by Leave a Comment
The historic first step of Vietnam’s petrochemical industry will be celebrated tonight as the Dung Quat Oil Refinery in the central province of Quang Ngai officially releases its products into the market. The celebration, organized by the Vietnam Oil and Gas Corporation – Petrovietnam – will be aired live on Vietnam Television Station‘s VTV1 channel [...]
BP to supply crude oil to Vietnam’s Dung Quat refinery
February 17, 2009 by Leave a Comment
LOS ANGELES, Jan. 14 — BP PLC has signed an agreement with state-run Petrovietnam Oil Corp. and operator Binh Son Refinery Co. to supply oil to Vietnam’s 130,000-b/d Dung Quat refinery starting on Feb. 25. Petrovietnam will negotiate with BP over the purchase of as much as 70,000 b/d of crude, which will gradually replace [...]
Petrovietnam plans $250-mln oil depot for refinery
January 18, 2009 by Leave a Comment
The trading arm of Vietnam’s state oil firm Petrovietnam will build a $250 million oil depot by 2010 to store products from the country’s first refinery Dung Quat, a state-run newspaper reported on Monday. PV Oil, which operates about 2,000 filling stations nationwide, will also distribute products from the 140,000-bpd refinery due to start operating [...]
CSB Safety Video: Fire From Ice
January 5, 2009 by Leave a Comment
CSB Safety Video: Fire From Ice On February 16, 2007, a propane fire erupted at the Valero McKee Refinery in Sunray, Texas, north of Amarillo. Three workers suffered serious burns, and the refinery was forced to shut down. The fire began following a leak in the propane deasphalting unit and spread quickly, in part because [...]
Gold Minting Process After Refining
December 14, 2008 by Leave a Comment
Oil Refineries
December 14, 2008 by Leave a Comment
A refinery is a factory. A refinery takes a raw material (crude oil) and transforms it into petrol and hundreds of other useful products. A typical large refinery costs billions of pounds to build and millions more to run and upgrade. It runs around the clock 365 days a year, employs hundreds of people and [...]
FOSSILS INTO FUELS: Basic Knowlegde
December 14, 2008 by Leave a Comment
Crude oil, natural gas and coal are fossil fuels. Fossil fuels are very precious resources because they are non-renewable (once they’re used, that’s it!). We can also make lots of organic chemicals from them, needed to make products such as paints, detergents, polymers (including plastics), cosmetics and some medicines. Fossil fuels were formed from the fossillized [...]
What is gas processing plant or facility?
December 5, 2008 by Leave a Comment
1.What is Natural Gas?Natural gas -a fossil fuel comprising mainly of methane.-lighter than air, colorless, odorless and tasteless-can be compressed, and therefore, transported in large quantities through relatively small pipelines when under high pressure 2.What is NGL?Natural gas liquid (NGL)-are the range of hydrocarbons in a natural gas stream that are heavier than methane (C1). [...]