Sustainability of Palm Oil Production in Indonesia
– Sustainability of Palm Oil Production in Indonesia Palm oil is the leading edible vegetable oil by production volume. It is an essential ingredient in the manufacture of a wide variety of products that are used globally every day, such as chocolate, soap, and cosmetics. It is also a common cooking oil in many countries, notably in Asia, and is used in other industries, including livestock and, increasingly, biofuels. Palm oil is produced from the fruit of oil palm tree (Elaeis guineensis). Palm oil can be separated into a various distinct oils with different properties….
Forecasting US Oil Production
– 1. Introduction Oil production in US has been experiencing fluctuation for a long period and there is a need to identify whether there has been a trend in oil production for the period from 1980 to 2008. This analysis could be of interest to the energy administration commission and the government for the purpose of planning for the amount of crude oil that can be allowed for export as well as for the purpose of planning investment in infrastructure for other energy sources. (Bp, 2013) In addition, the study will be seeking to identify the effect on accuracy of using different periods in computing moving average….
Innovations in Crude Oil Production
– Innovations in Crude Oil Production The first oil well was drilled in 1859 by Edwin Drake. It burned to the ground several months later, but had it survived it would only have yielded around 20 barrels of oil per day, hardly a drop in today’s market.(“Story”) At the time however, it was considered a success and it began a revolution in oil production. Crude oil production in the world skyrocketed from a few hundred barrels of oil per day to 76 million today. (“International”) Of course, in the long term, this is not sustainable….
The History of Oil Production in Venezuela
– The history of Venezuelan oil production can be traced to the 1800s when Venezuela’s first oil company was established. However, for purposes of conciseness, this analysis will only focus on developments that occurred after the decade 1960. An analysis of oil production history indicates that the government played and continues to play a significant role in the sector thus leading to some significant setbacks. Prior to 1960, Venezuelan oil production was mostly done by the Royal Dutch Shell oil company and it was under the organization’s leadership that Venezuela’s oil entered the global market….
Oil Production in Indonesia
– … Throughout World War II, the Japanese exploited Indonesia’s oil reserves and refineries. “With independence following WWII, the oil, oil fields, refineries and supplies seized by the Japanese invasion force were returned to the Indonesian Government, and the new era of Indonesian energy exploration and production began,” according to the Indonesian Petroleum Association. Indonesia’s economic development is in large, dependent on oil and gas production. The State Constitution of 1945 mandated that “all of Indonesia’s land, water and natural resources are controlled by the State and will be utilized for the greatest benefit and welfare of its people.” Pertamina, Indonesia’s largest state-…