Description:
Petroleum refineries arelarge, capital-intensive manufacturing facilities with extremely complex processingschemes. More than 660 refineries, in 116 countries, are currently inoperation, producing more than 85million barrels of refined products per day.Each refinery has a unique physical configuration, as well as unique operatingcharacteristics and economics.
Rising crude oil pricespowered revenue growth as refiners have passed costs down the distributionline. Since 2011, profit has steadily recovered in line with improving demand,while low domestic oil prices further bolstered margins. In 2016, profit isanticipated to rise slightly, though it remains below historic levels. Thisindustry is anticipated to recover over the next five years as fuel prices riseand consumption increases.
India remains one of theleast-explored countries in the world, with a well density among the lowest inthe world. With the annual demand crossingabove 100 million tonne, India is the fourth largest oil consumption zone inAsia, even though on a per capita basis the consumption around 0.1 tonne, thelowest in the region- This makes the prospects of the Indian Oil industry evenmore exciting.
Some of the fundamental ofthe book are the nature of petroleum, crude oil processing, distillation in thepetroleum industry, refining of lubricating oils, petrolatum, and waxes,residue fluidized catalytic cracking, chemical thermodynamics of petroleum ,benefits of biodiesel produced from vegetable oil, petroleum products used asfuel oils, manufacture of asphalt from petroleum, petroleum waxes, chlorinatedwaxes, synthesis gas etc.
Keywords: Petroleum Products, Petroleum Refining and Distillation, Lubricants, Waxes, Petrochemicals, Manufacture of Crude Oil, Manufacture of Gasoline, Manufacture of Kerosene, Manufacture of Absorbent, Manufacture of Oils, Manufacture of Fuels Oils, Manufacture of Petroleum Asphalts, Petroleum Refinery
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