Petroleum

Petroleum (L. petroleum, from early 15c. "petroleum, rock oil" (mid-14c. in Anglo-French), from Medieval Latin petroleum, from Latin: petra: "rock" + oleum: "oil".) is a naturally occurring, yellow-to-black liquid found in geological formations beneath the Earth's surface, which is commonly refined into various types of fuels.

It consists of hydrocarbons of various molecular weights and other organic compounds. The name petroleum covers both naturally occurring unprocessed crude oil and petroleum products that are made up of refined crude oil. A fossil fuel, petroleum is formed when large quantities of dead organisms, usually zooplankton and algae, are buried underneath sedimentary rock and subjected to intense heat and pressure.

Petroleum is recovered mostly through oil drilling (natural petroleum springs are rare). This comes after the studies of structural geology (at the reservoir scale), sedimentary basin analysis, reservoir characterization (mainly in terms of the porosity and permeability of geologic reservoir structures). It is refined and separated, most easily by distillation, into a large number of consumer products, from gasoline (petrol) and kerosene to asphalt and chemical reagents used to make plastics and pharmaceuticals. Petroleum is used in manufacturing a wide variety of materials, and it is estimated that the world consumes about 90 million barrels each day.

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Petroleum

by: Tex La Homa

I got your letter todayHas it really been a year
Since the last time
The photograph still in its place
And yes I think about you
Of course I do
The radio is playing my favourite song
You remember the one
One day blurs to another
Time it passes fast




Latest News for: Petroleum

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Cramer's Lightning Round: Don't buy Occidental Petroleum

CNBC 12 Apr 2025
"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed ... .
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US Sanctions Indian National, 2 Entities For Transporting Iranian Petroleum

NDTV 11 Apr 2025
Jugwinder Singh Brar owns multiple shipping companies that boast a fleet of nearly 30 vessels, many of which operate as part of Iran's "shadow fleet", the US Department of the Treasury said ... .
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Listing of new Commercial Paper of Bharat Petroleum Corpn. Ltd. (BSE Ltd)

Public Technologies 11 Apr 2025
) NOTICES Notice No. 20250411-49 Notice Date 11 Apr 2025 ... Subject Listing of new Commercial Paper of Bharat Petroleum Corpn ... Trading Members of the Exchange are hereby informed that the under mentioned new securities issued by Bharat Petroleum Corpn.
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Trio Petroleum acquires cash flow-positive oil assets in Saskatchewan, Canada

Offshore Technology 11 Apr 2025
Trio Petroleum, a California-based oil and gas company, has completed the acquisition of certain petroleum and natural gas properties from Novacor Exploration in the Lloydminster, Saskatchewan, heavy oil region ... Trio CEO Robin Ross said ... Sign up. .
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FINCRAFT GROUP LLP ACQUIRES ORDINARY SHARES OF TETHYS PETROLEUM LIMITED

Canada Newswire 11 Apr 2025
... providing for the purchase of an aggregate of 6,768,148 ordinary shares (the "Purchased Shares") of Tethys Petroleum Limited ("Tethys") through two private purchase transactions (the "Purchases").
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Annual Report under Regulation A (Form 1-K) (CW Petroleum Corp)

Public Technologies 11 Apr 2025
) Form 1-K Issuer Information UNITED STATES. SECURITIES AND EXCHANGE COMMISSION. Washington, D.C. 20549. FORM 1-K OMB APPROVAL. FORM 1-K. OMB Number. 3235-0720 ... Exact name of issuer as specified in the issuer's charter CW Petroleum Corp ... CW Petroleum Corp.
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E.P.A. Is Said to Plan Deep Cuts to Greenhouse Gas Reporting Program

New York Times 11 Apr 2025
Officials are moving to eliminate requirements that most big polluters disclose how much carbon dioxide and other planet-warming gases they emit ... .
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UAE-based Indian national, his 4 firms sanctioned by US over alleged involvement in Iran’s oil trade

Financial Express 11 Apr 2025
A United Arab Emirates-based Indian national and four of his firms have been sanctioned by the United States for their alleged involvement in trade and transportation of Iranian crude oil and petroleum products.
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Egypt raises gasoline, diesel, butane, and other fuel prices amid ongoing subsidy reform

Egypt Independent 11 Apr 2025
The Automatic Petroleum Products Pricing Committee announced gasoline and diesel price increases on Friday ... However, the government has proceeded with lifting fuel subsidies on other petroleum product.
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