by Thanvir | Dec 7, 2022 | Benchmark Oil Price
Clov Crude Oil of Angola: Its History, Price, and Production Clov crude oil is the 6th largest proven reserve of crude oil in Africa. It is located in the northern part of Angola, around Clov. The area has been producing oil since the mid-1990s and has recently...
by Thanvir | Dec 7, 2022 | Benchmark Oil Price
Clair Crude Oil of UK: History, Production and Operation Clair crude oil is a type of residue oil extracted from natural bitumen. It is found in the UK. It is present on the continental shelf of the UK and is the largest field with 8 Billion Calair crude oil Barrels...
by Thanvir | Dec 7, 2022 | Benchmark Oil Price
Azerbaijan’s Ceyhan Crude Oil Price, History and Production With the world’s oil production continuing to decline, many people are searching for information on alternative petroleum sources. One lesser-known source is the Caspian Sea, which contains one of...
by Thanvir | Dec 6, 2022 | Energy Markets
Bio Fuels Definition: Are They Really Good For The Environment? Biofuels are fuels derived from biomass (i.e., plant material, algae, or animal waste). These feedstocks are readily renewable, so biofuels are considered renewable energy sources, unlike fossil fuels...
by Thanvir | Dec 6, 2022 | Benchmark Oil Price
Basrah Medium Crude Oil of Iraq. Its Production, History, and Price Basra is the third largest city in Iraq and the first port city on the Persian Gulf. The port has direct access to the Persian Gulf, through the river gulf, and has a natural depth of more than 10...
by Thanvir | Dec 6, 2022 | Benchmark Oil Price
The History of Iraq’s Basrah Heavy Crude Oil: Its Production, Plants, and Price Understanding the dynamics of Basrah Heavy Crude Oil can be challenging due to its historical nature and how it has been a primary driver in the development of different...
by Thanvir | Dec 5, 2022 | Benchmark Oil Price
Azeri Light Crude Oil: History, Production, and Price of Azerbaijan’s Crude Oil Azerbaijan has proven about 4 billion barrels of crude oil reserves, making it one of the region’s largest oil producers. However, the location and production capacity of this...
by Thanvir | Dec 2, 2022 | Benchmark Oil Price
Alvheim Crude Oil: The History, Production, Transport, and Price of Norwegian Blend Alvheim blend is a Norwegian blend of heavy crude oils from the North Sea produced by Statoil. It has an API gravity of between 30 and 32 degrees. The crude oil used in the Alvheim...
by Thanvir | Nov 29, 2022 | Blog
Who Said Data is the New Oil? The term “data is the new oil” was coined by British mathematician and data scientist Clive Humby in 2006. Since then, many people have used this idea or something similar. But it wasn’t until 2017 that The Economist...
by Thanvir | Nov 29, 2022 | Blog
With the recent introduction of digital technologies in exploration, drilling and production, the oil and gas industry has become more data-driven. Seismic and micro-seismic data analysis, improved reservoir characterization and simulation, reduced drilling time and...
