Petroleum or crude oil, also referred to as simply oil, is a naturally occurring yellowish-black liquid mixture of mainly hydrocarbons, and is found in geological formations. The name petroleum covers both naturally occurring unprocessed crude oil and petroleum products that consist of refined crude oil.
The Davis Strait is a southern arm of the Arctic Ocean that lies north of the Labrador Sea. It lies between mid-western Greenland and Baffin Island in Nunavut, Canada. To the north is Baffin Bay. The strait was named for the English explorer John Davis (1550–1605), who explored the area while seeking a Northwest Passage. By the 1650s it was used for whale hunting.
Petroleum Development Oman (PDO) is the leading exploration and production company in the Sultanate of Oman. The Company delivers the majority of the country's crude oil production and natural gas supply. The company is owned by the Government of Oman, Royal Dutch Shell (34%), TotalEnergies (4%) and Partex (2%). The first economic oil find was made in 1962, and the first oil consignment was exported in 1967.
A referendum, in the Italian legal system is a request directed to the whole electorate to express their view on a determined question. It is the main instrument of direct democracy in Italy.
A petroleum reservoir or oil and gas reservoir is a subsurface accumulation of hydrocarbons contained in porous or fractured rock formations. Such reservoirs form when kerogen is created in surrounding rock by the presence of high heat and pressure in the Earth's crust.
Petroleum production in Canada is a major industry which is important to the overall economy of North America. Canada has the third largest oil reserves in the world and is the world's fourth largest oil producer and fourth largest oil exporter. In 2019 it produced an average of 750,000 cubic metres per day (4.7 Mbbl/d) of crude oil and equivalent. Of that amount, 64% was upgraded from unconventional oil sands, and the remainder light crude oil, heavy crude oil and natural-gas condensate. Most of the Canadian petroleum production is exported, approximately 600,000 cubic metres per day (3.8 Mbbl/d) in 2019, with 98% of the exports going to the United States. Canada is by far the largest single source of oil imports to the United States, providing 43% of US crude oil imports in 2015.
Pharos Energy Plc, previously SOCO International, is an oil and gas exploration and production company, headquartered in London. The company changed its name to Pharos Energy Plc in October 2019 after coming under fire for illegal activity in Virunga.
Mineral rights are property rights to exploit an area for the minerals it harbors. Mineral rights can be separate from property ownership. Mineral rights can refer to sedentary minerals that do not move below the Earth's surface or fluid minerals such as oil or natural gas. There are three major types of mineral property: unified estate, severed or split estate, and fractional ownership of minerals.
Exploration for petroleum in the Arctic is expensive and challenging both technically and logistically. In the offshore, sea ice can be a major factor. There have been many discoveries of oil and gas in the several Arctic basins that have seen extensive exploration over past decades but distance from existing infrastructure has often deterred development. Development and production operations in the Arctic offshore as a result of exploration have been limited, with the exception of the Barents and Norwegian seas. In Alaska, exploration subsequent to the discovery of the Prudhoe Bay oilfield has focussed on the onshore and shallow coastal waters.
Natural gas has been used almost as long as crude oil in Canada, but its commercial development was not as rapid. This is because of special properties of this energy commodity: it is a gas, and it frequently contains impurities. The technical challenges involved to first process and then pipe it to market are therefore considerable. Furthermore, the costs of pipeline building make the whole enterprise capital intensive, requiring both money and engineering expertise, and large enough markets to make the business profitable.
Sergio Mattarella is an Italian politician, statesman, jurist, academic, and lawyer who is currently serving as the 12th president of Italy since 2015. He is the longest-serving president in the history of the Italian Republic. Since Giorgio Napolitano's death in 2023, Mattarella has been the only living Italian president.
The Muglad Basin is a large rift basin in Northern Africa. The basin is situated within southern Sudan and South Sudan, and it covers an area of approximately 120,000 square kilometres (46,000 sq mi) across the two nations. It contains a number of hydrocarbon accumulations of various sizes, the largest of which are the Heglig and Unity oil fields. During the 1960s and 1970s, Chevron made the first oil discoveries in the basin near the towns of Bentiu, Malakal, and Muglad. Taken together, the Muglad and Melut rift basins account for the majority of Sudan's known oil reserves.
Perenco is an independent Anglo-French oil and gas company with a headquarters in London and Paris. It conducts exploration and production activities in 16 countries around the globe. Perenco is involved in operations both onshore and offshore with production equal to approximately 450,000-barrel (72,000 m3) of oil equivalent per day.
Shale gas in the United States is an available source of unconventional natural gas. Led by new applications of hydraulic fracturing technology and horizontal drilling, development of new sources of shale gas has offset declines in production from conventional gas reservoirs, and has led to major increases in reserves of U.S. natural gas. Largely due to shale gas discoveries, estimated reserves of natural gas in the United States in 2008 were 35% higher than in 2006.
The Ombrina Mare oil field is an oil field located off shore Abruzzo. It was discovered in 2007 and developed by Mediterranean Oil & Gas. At the moment being the Italian government blocked the projects in the area, since the oil field lies at less than 12 miles from the coastline. The total proven reserves of the Ombrina Mare oil field are around 166 million barrels (29.38×106tonnes), and production is centered on 13,650 barrels per day (2,170 m3/d).
Albpetrol is an Albanian upstream petroleum production and marketing company, which also monitors state petroleum agreements in Albania. Its stock is owned by the Albanian state. The company is headquartered in Patos and has a representative office in Tirana. The CEO of Albpetrol is Mr. Baftjar Zeqaj. Albpetrol is managing more than 1200 oil wells in the existing settlements of Patos, Ballsh, Karbunarë, Kuçovë, Gorisht-Kocul, Cakran-Mollaj and Amonicë.
Reed Tablemount is a large tablemount or guyot in the South China Sea north-east of Dangerous Ground and north-east of the Spratly Islands. It covers an area of 8,866 square kilometres (3,423 sq mi), but with depths between only 9 and 45 metres. The submerged but hydrocarbon-rich area includes Nares Bank and Marie Louise Bank.
BRS Resources, Limited was a publicly traded, international exploration and production company headquartered in Dallas, Texas, and listed on the TSX Venture Exchange in Canada. The company is focused on building a European presence in the upstream oil and gas business, primarily natural gas production in Italy.
Fracking in Canada was first used in Alberta in 1953 to extract hydrocarbons from the giant Pembina oil field, the biggest conventional oil field in Alberta, which would have produced very little oil without fracturing. Since then, over 170,000 oil and gas wells have been fractured in Western Canada. Fracking is a process that stimulates natural gas or oil in wellbores to flow more easily by subjecting hydrocarbon reservoirs to pressure through the injection of fluids or gas at depth causing the rock to fracture or to widen existing cracks.
In 2020, oil reserves in France were equivalent to 1% of its annual consumption. These reserves in the geological sense should not be confused with the strategic reserves of three months' full consumption, which can be used in the event of a serious international crisis. In fact, as a member of the International Energy Agency (IEA), France must maintain oil reserves equivalent to 90 days' net imports, corresponding in 2010 to around 17 million tonnes.
