Refined oil products

2015 ◽  
pp. 123-145
Keyword(s):  
Oil Products ◽  
Refined Oil

scholarly journals Assessing Hybrid Solar-Wind Potential for Industrial Decarbonization Strategies: Global Shift to Green Development

Energies ◽  
2021 ◽  
Vol 14 (22) ◽  
pp. 7620
Author(s):  
Haroon ur Rashid Khan ◽  
Usama Awan ◽  
Khalid Zaman ◽  
Abdelmohsen A. Nassani ◽  
Mohamed Haffar ◽  
...  
Keyword(s):  
Green Technology ◽  
Oil Products ◽  
Electricity Production ◽  
Carbon Intensity ◽  
Refined Oil ◽  
Long Run ◽  
Wind Potential ◽  
Short Run ◽  
Solar Electricity ◽  
The Impact

The global energy mix is shifting from fossil fuels to combinations of multiple energy storage and generation types. Hybrid energy system advancements provide opportunities for developing and deploying innovative green technology solutions that can further reduce emissions and achieve net-zero emissions by 2050. This study examined the impact of an increasing share of wind and solar electricity production on reducing carbon intensity by controlling coal and lignite domestic consumption and the production of refined oil products in a world aggregated data panel. Data covering the last three decades were used for the analysis by the ARDL bounds testing approach. The results showed that an increasing share of wind and solar electricity production would be helpful to decrease carbon intensity in the short and long term. On the other hand, a 1% increase in coal and domestic lignite consumption increased carbon intensity by 0.343% in the short run and 0.174% in the long run. The production of refined oil products decreases carbon intensity by 0.510% in the short run and 0.700% in the long run. However, refining oil products is associated with positive and negative environmental externalities. The positive aspect depends upon the removal of harmful pollutants and the production of cleaner-burning fuels, while the negative part is related to the operational side of refineries and processing plants that may release contaminants into the atmosphere, affecting global air and water quality. Hence, it is crucial to improve processing and refining capacity to produce better-refined oil products by using renewable fuels in energy production. It is proposed that these are the most cost-effective pathways to achieve industrial decarbonization.

Iran's oil production will stabilise

2016 ◽  
Keyword(s):  
Oil Production ◽  
Oil Products ◽  
Content Type ◽  
Refined Oil ◽  
Market Opening ◽  
Oil Revenue ◽  
Stable Production ◽  
International Sanctions ◽  
Oil Sector ◽  
International Investors

Significance The oil sector is bouncing back after the lifting of international sanctions. Production has risen from an average of 2.8 million bpd during 2015, and is now approaching pre-sanctions levels. The country has finalised new-style petroleum contracts offering more favourable terms to international investors. Impacts Banking, compliance and sanctions issues will gradually ease, reducing pressure on the oil sector. A stable production outlook will facilitate efforts to agree an OPEC production freeze. Oil revenue in 2016 could reach 31.5 billion dollars, 75% up on 2015, easing the fiscal situation. Exports of petrochemicals and refined oil products will rise, on the back of higher oil output and market opening.

scholarly journals Application of Diamond-Oil Tester in Refined Oil Pipelines

2017 ◽  
Vol 1 (2) ◽  
Author(s):  
Qie Haixia
Keyword(s):  
Dielectric Constants ◽  
Oil Products ◽  
Minimum Level ◽  
Refined Oil ◽  
Oil Pipelines

Abstract:Diamond-oil tester utilizes information fusion technology to test the oil product interfaces during refined oil batch pipelining based on vibration frequency range of the oil product, electromagnetic absorption and difference and integration of capacitance dielectric constants to conduct overall analysis. By processing signals and combining Kalman filter principle, the tester can realize the interface testing and distinguish for different refined oil products. During the batch pipelining of various refined oil products, by equipping with Diamond-oil testers in the oil product receiving and distributing station, interfaces of different oil products can thus be effectively tested for accurate separation of oil products and ensuring the minimum level of mixed oil. Practices have proved excellent practical results in oil products batch pipelining.

Divergent goals will rock Saudi-Egyptian relations

2016 ◽  
Keyword(s):  
Saudi Arabia ◽  
Middle East ◽  
Economic Crisis ◽  
Political Stability ◽  
Gulf War ◽  
Oil Products ◽  
Content Type ◽  
Refined Oil ◽  
Regional Order

Significance The oil shipments were part of a five-year deal that Saudi would provide Egypt with 700,000 tonnes of refined oil products per month, but these were stopped in early October amid a row over Egypt's position towards Syria. Relations between Saudi Arabia and Egypt have served as a bedrock of stability in the Middle East for much of the period since the second Gulf War (1990-91), but this subset of the regional order now appears in jeopardy. Impacts If Riyadh withholds investments or future assistance, the Egyptian economy may deteriorate even further. Should Egypt's economic crisis deepen, its political stability outlook would look uncertain at best and unsustainable at worst. This crisis compounds the Kingdom's recent regional setbacks, as the Syrian and Yemeni wars slide towards unfavourable outcomes for Riyadh.

Big data visualization of the quantification of influencing factors and key monitoring indicators in the refined oil products market based on fuzzy mathematics

2020 ◽  
pp. 1-11
Author(s):  
Yu Zhu ◽  
Xiantao Liu
Keyword(s):  
Big Data ◽  
Production Process ◽  
Influencing Factors ◽  
Data Visualization ◽  
Oil Products ◽  
Fuzzy Mathematics ◽  
Refined Oil ◽  
Value Network ◽  
Traceability System ◽  
Big Data Visualization

In this paper, an in-depth study on the quantification of influencing factors and big data visualization of key monitoring indicators in the refined oil products market is carried out through fuzzy mathematical methods, and a system for quantifying influencing factors and big data visualization of key monitoring indicators in the refined oil products market with the fuzzy mathematical background is designed and implemented. The system realizes the functions of flow visualization, attack visualization, target tracking visualization, etc., and optimizes the system from the perspectives of performance and visualization effect. It achieves the display and interaction of multi-dimensional data in space and time with multiple views, angles, and dimensions. Data tagging and data correlation for key aspects of the product production process are realized through fuzzy mathematics and other means, and a quality traceability system for the manufacturing industry is realized on this basis, through which the data of some key stages of the product production process can be displayed retrospectively. The study proves that the business model of refined oil logistics platform based on value network can significantly improve the user’s perceived value and benefit all parties within the value network, realizing the complementary advantages of refined oil production enterprises and logistics platform companies, improving the efficiency of enterprise’s logistics and maximizing the profit of each subject within the value network to achieve profitability for all parties.

Oil products sales will boost Belarus growth

2017 ◽  
Keyword(s):  
Oil Prices ◽  
Oil Products ◽  
Market Prices ◽  
Content Type ◽  
Refined Oil ◽  
Russian Economy ◽  
Political Cooperation ◽  
Trade War ◽  
Manufactured Exports

Significance Belarus's emergence from recession this year is a consequence of reliance on the Russian economy and on refined oil prices in Europe, just as the contraction of 2015-16 was. The country imports cheap Russian crude, refines it and sells it at market prices to Europe. Impacts Healthier trade with Russia may undermine recent steps toward closer political cooperation with Europe. Ukraine was an important destination of manufactured exports during Russia's recession, but that trend is receding. If an ongoing diplomatic row extends into a trade war, Ukraine will lose more in economic terms than Belarus.

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