Introduction to Petroleum Industry

Introduction to Petroleum Industry

“The Kingdom of Heaven runs on righteousness, but the Kingdom of Earth runs on OIL!” Quote by Ernest Bevin at the British Parliament during a heated discussion concerning the Middle East.   Petroleum, or crude oil, is a naturally occurring oily bituminous liquid, which forms the raw material for a wide range of fuels and other products. Modern industrial civilisation, with its mega-cities and sprawling suburbs, replete with labour-saving appliances and electronic gadgets, is possible largely because of the ample and inexpensive supply of petroleum and its products. This dependency…

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Going Into the Oil Business In Nigeria

Going Into the Oil Business In Nigeria

“The Kingdom of Heaven runs on righteousness, but the kingdom of earth runs on oil!” –Ernest Bevin– The Right Honourable Ernest Bevin, British Foreign Secretary (1945 – 1951), can be forgiven for making the cynical statement above during a heated debate in the British Parliament, given the dominance of oil in human affairs for the past one hundred years or more. Petroleum, or crude oil, is a naturally occurring oily bituminous liquid, which forms the raw material for a wide range of fuels and other products. Modern industrial civilisation, with…

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