About 5-10% of fossil fuels are used for chemical conversion processes. In energy statistics this consumption is called non-energy use. Non-energy use of fossil fuels for the production of chemicals and certain refinery products results in CO2 emissions throughout the life cycle in the industrial production, during product use and during waste treatment
A device in which a nuclear fission chain reaction occurs under controlled conditions so that the heat yield can be harnessed or the neutron beams utilized. All commercial reactors are thermal reactors, using a moderator to slow down the neutrons
Imports and supplies all of the oil products in the Palestinian Authority
An important reminder that the Marshallian scissors have two components – supply and demand. And no, oil is not different. The US 2009 economic stimulus package includes $56 billion in grants and tax breaks for clean energy projects over the next ten years and a budget of $15 billion a year to fund renewable energy …
Continue reading “Peak oil demand; The new peak oil: peak demand”
The word plankton comes from the Greek word “planktos” which means drifting. Plankton consist of any drifting organisms (animals, plants, archaea or bacteria) that inhabit the pelagic zone of oceans, seas or fresh water. Almost all oil and gas comes from decayed plankton. Marine life, from the simplest plankton and single-celled life forms to the …
Solar Paz was created in late 2008 as a subsidiary of Paz Oil, in the Paz Industries division, after the cabinet approved incentives for independent electricity production using solar energy. Solar Paz is focusing on installing photovoltaic systems that will produce up to 50 kilowatts for commercial and industrial enterprises. To date Paz has already …
Marine life, from the simplest plankton and single-celled life forms to the more complex crustaceans and fish species, contains carbon molecules. As these animals die and decay over millions of years, carbon molecules, through processes of heat and pressure, degrade into hydrocarbon compounds. Sufficient volumes of accumulations may form oil and gas reservoirs over time. …
Continue reading “Hydrocarbon formation; Formation of hydrocarbon”
The International Chamber of Commerce. The ICC’s International Court of Arbitration is one institution administering arbitration, and parties in a gas contract may elect to have disputes governed by it, the ICC Rules of Arbitration (the Rules) or both. Originally, established in Paris, the Court primarily ensures the Rules are correctly applied. The Court also …
Continue reading “International Chamber of Commerce Arbitration Rules”
Iraq, which produces about 2.4 million barrels of oil a day (2009), holds reserves of about 115bn barrels. In early 1973 Baghdad nationalized the industry and many of the world’s biggest oil companies including BP and Royal Dutch Shell were expelled from the county. Now in 2009, international oil companies are preparing to go back …
When a nucleus fissions, it splits into several smaller fragments. These fragments, or fission products, are about equal to half the original mass. Two or three neutrons are also emitted. The sum of the masses of these fragments is less than the original mass. This ‘missing’ mass (about 0.1 percent of the original mass) has …
