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Analytical characterization methods for crude oil and related products
Covering the application of different spectroscopic methods to characterize crude oil and related products, this book outlines the basic theory, applications and recent trends in the field.
Book
Environmental effects from petroleum product transportation spillage in Nigeria: a critical review
Nigeria has struggled to meet sustainable development goals (SDGs) on environmental sustainability, transportation, and petroleum product distribution for decades, endangering human and ecological health. Petroleum product spills contaminate soil, water, and air, harming humans, aquatic life, and biodiversity. The oil and gas industry contributes to environmental sustainability and scientific and technological advancement through its supply chain activities in the transport and logistics sectors. This paper reviewed the effects of petroleum product transportation at three accident hotspots on Nigeria highway, where traffic and accident records are alarming due to the road axis connecting the southern and northern regions of the country. The preliminary data was statistically analysed to optimise the review process and reduce risk factors through ongoing data monitoring. Studies on Nigeria’s petroleum product transportation spills and environmental impacts between the years 2013 and 2023 were critically analysed to generate updated information. The searches include Scopus, PubMed, and Google Scholar. Five hundred and forty peer-reviewed studies were analysed, and recommendations were established through the conclusions. The findings show that petroleum product transport causes heavy metal deposition in the environment as heavy metals damage aquatic life and build up in the food chain, posing a health risk to humans. The study revealed that petroleum product spills have far-reaching environmental repercussions and, therefore, recommended that petroleum product spills must be mitigated immediately. Furthermore, the study revealed that better spill response and stricter legislation are needed to reduce spills, while remediation is necessary to lessen the effects of spills on environmental and human health.
Journal Article
Desulfurization of Transportation Fuels with Zeolites under Ambient Conditions
Deep desulfurization of transportation fuels (gasoline, diesel, and jet fuels) is being mandated by U.S. and foreign governments and is also needed for future fuel cell applications. However, it is extremely difficult and costly to achieve with current technology, which requires catalytic reactors operated at high pressure and temperature. We show that Cu+and Ag+zeolite Y can adsorb sulfur compounds from commercial fuels selectively and with high sulfur capacities (by π complexation) at ambient temperature and pressure. Thus, the sulfur content was reduced from 430 to < 0.2 parts per million by weight in a commercial diesel at a sorbent capacity of 34 cubic centimeters of clean diesel produced per gram of sorbent. This sulfur selectivity and capacity are orders of magnitude higher than those obtained by previously known sorbents.
Journal Article
Crude volatility
As OPEC has loosened its grip over the past ten years, the oil market has been rocked by wild price swings, the likes of which haven't been seen for eight decades. Crafting an engrossing journey from the gushing Pennsylvania oil fields of the 1860s to today's fraught and fractious Middle East,Crude Volatilityexplains how past periods of stability and volatility in oil prices help us understand the new boom-bust era. Oil's notorious volatility has always been considered a scourge afflicting not only the oil industry but also the broader economy and geopolitical landscape; Robert McNally makes sense of how oil became so central to our world and why it is subject to such extreme price fluctuations.
Tracing a history marked by conflict, intrigue, and extreme uncertainty, McNally shows how-even from the oil industry's first years-wild and harmful price volatility prompted industry leaders and officials to undertake extraordinary efforts to stabilize oil prices by controlling production. Herculean market interventions-first, by Rockefeller's Standard Oil, then, by U.S. state regulators in partnership with major international oil companies, and, finally, by OPEC-succeeded to varying degrees in taming the beast. McNally, a veteran oil market and policy expert, explains the consequences of the ebbing of OPEC's power, debunking myths and offering recommendations-including mistakes to avoid-as we confront the unwelcome return of boom and bust oil prices.
eBook
External Costs of Transporting Petroleum Products
Using data for crude oil transported out of North Dakota in 2014, this paper constructs new estimates of the air pollution, greenhouse gas, and spill and accident costs from long-distance movement of petroleum products by rail and pipelines. Our analysis has three main findings. First, air pollution and greenhouse gas costs are nearly twice as large for rail as for pipelines. Second, air pollution and greenhouse gas costs are much larger than estimates of spill and accidents costs. Third, air pollution and greenhouse gas costs of transporting fuel by rail and pipelines are one-fifth to one-tenth of the costs of combusting fuel in motor vehicles. These results suggest that the policy debate surrounding crude oil transportation may be putting too much relative weight on spills and accidents, while overlooking a far more serious external cost: air pollution and greenhouse gas emissions.
Journal Article
Applied Informatics in Marketing Segmentation Models for Oil Industry
Market segmentation is a technique used by companies selling oil products in order to identify their target market and then divide customers into distinct groups or niches. Based on a range of demographics, particular needs, consumption priorities, and other psychographic or behavioural factors, market segmentation generates “subsets” of the market. Ignoring the market segmentation phase in the process of marketing petroleum product is equivalent to completely disregarding the target market, which means the company will have no customers and nothing to sell. Increased competitiveness, customer retention, and, last but not least, the growth of the petroleum product sales market will result from the development of suitable segmentation. Brand loyalty, existing customer loyalty, and differentiation from the competition are all enhanced by using market segmentation techniques. Messages that are effectively communicated will make the promoted products more noticeable.
Journal Article