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AbstractAbstract
[en] This paper examines the relationship between petroleum futures trading, market information and spot prices. It tests the hypothesis that there is increased spot market information with futures trading of various petroleum derivatives for weekly data during the period January 1970 to July 1985 at the new York Mercantile Exchange. Increased market information with futures trading is indicated by the insignificance of coefficients of past prices in spot price regressions in periods with futures trading. However, the estimates of the coefficient of variation indicate that price volatility tends to increase with futures trading. Thus, traders seem better informed with futures trading although the advantages of increased market information might potentially be undermined by increased price volatility as in the case of regular gasoline. (author)
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Horne, O.J.; Smith, W.E.; Napier, B.
Oak Ridge Y-12 Plant, Tenn. (USA)1973
Oak Ridge Y-12 Plant, Tenn. (USA)1973
AbstractAbstract
No abstract available
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21 Jun 1973; 33 p
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AbstractAbstract
[en] The domestic taxation of petroleum products is an important source of revenue in most countries. However, there is a wide variation of tax rates on petroleum products across countries, which cannot be explained by economic theory alone. This paper surveys different considerations advanced for taxing petroleum and presents petroleum tax rate data in 120countries. (author)
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AbstractAbstract
[en] Acquisition of Parkland Industries Ltd.'s refinery between Calgary and Edmonton by Alberta's Blood Indian tribe and parlaying its aboriginal status into a massive tax advantage, is currently being negotiated. If the proposed deal materializes the tribe will reap a tax windfall worth about $ 32 million annually. The proposal calls for the refinery to change hands for $50 million, plus $ 20 to 25 million in plant improvements to boost gasoline production to 325 million litres annually from the current 290 million. The Parkland Refinery is the smallest, but the most efficient in Canada because it processes clean 'condensates', a gasoline-like by-product of natural gas, rather than oil. The idea to purchase the refinery resulted from a land-claim settlement three years ago that have given the tribe the right to pick up 444 acres of property anywhere in Alberta and place it under reserve status, plus money to make the purchase. The federal and provincial governments are well aware of the pending deal, but the tax exemption portion of the deal is subject to further legal interpretation and ruling
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Oilweek Magazine; ISSN 1207-7933;
; v. 50(9); p. 7

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Kegler, W.H.; Huyser, M.E.
Continental Oil Co., Ponca City, Okla. (USA)1975
Continental Oil Co., Ponca City, Okla. (USA)1975
AbstractAbstract
[en] A description is given of a process for preparing isotropic coke from oil residue charge. It includes blowing air into the residue until it reaches a softening temperature of around 49 to 116 deg C, the deferred coking of the residue having undergone blowing at a temperature of around 247 to 640 deg C, at a pressure between around 1.38x105 and 1.72x106 Pa, and the recovery of isotropic coke with a thermal expansion coefficient ratio under 1.5 approximately. The isotropic coke is used for preparing hexagonal graphite bars for nuclear reactor moderators
[fr]
On presente un procede de preparation de coke isotrope a partir d'une charge de residu de petrole. Il comprend le soufflage d'air dans le residu jusqu'a ce que celui-ci ait une temperature de ramollissement d'environ 49 a 116 deg C, la cokefaction differee du residu ayant subi le soufflage a une temperature d'environ 427 a 640 deg C, a une pression comprise entre environ 1,38.105 et 1,72.106 Pa, et la recuperation de coke isotrope ayant un rapport des coefficients de dilatation thermique inferieur a 1,5 environ. Le coke isotrope est utilise pour la preparation de barreaux hexagonaux de graphite pour moderateur de reacteur nucleaireOriginal Title
Procede de preparation de coke isotrope de petrole
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15 Jul 1975; 15 p; FR PATENT DOCUMENT 2283209/A/; Available from Institut National de la Propriete Industrielle, Paris (France); priority claim: 27 Aug 1974, US.
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Patent
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AbstractAbstract
[en] Technology of mixture high solidifying petroleums with light viscous ones in industrial condition is described. The mixture occurs in a continuous flow without use of tanks. (author)
Original Title
K tekhnologii razbavleniya vyazkikh i vysokovyazkikh neftej malovyazkimi
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6 refs., 4 tabs., 2 figs. Suppl. Neft' i gaz Kazakhstana
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Doklady Ministerstva Nauki - Akademii Nauk Respubliki Kazakhstan; ISSN 0002-3213;
; v. 3; p. 146-155

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Sella, S.M.; Curtius, A.J.; Campos, R.C. de
Proceedings of the 5. Brazilian Meeting on Analytical Chemistry1989
Proceedings of the 5. Brazilian Meeting on Analytical Chemistry1989
AbstractAbstract
[en] Published in summary form only
Original Title
Determinacao de metais em nafta por spectrofotometria de absorcao atomica no forno de grafite
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Bahia Univ., Salvador, BA (Brazil). Inst. de Quimica; 179 p; 1989; p. 65; 5. Brazilian Meeting on Analytical Chemistry; Salvador, BA (Brazil); 4-6 Sep 1989; Available from the Library of the Comissao Nacional de Energia Nuclear, RJ, Brazil
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AbstractAbstract
[en] A method of heating high viscosity petroleum products in a selected subsurface earth formation overlying a salt water formation is claimed. The method comprises providing an input bore hole into salt water formation, providing a production bore hole into the petroleum product formation and positioning in the input bore hole a source of nuclear waste material. The radiation emissions generate sufficient heat to reduce the viscosity of the petroleum products. The products are then withdrawn through the production bore hole
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2 Oct 1980; vp; AU PATENT DOCUMENT 79/45502/A/; Copies available from the Commissioner of Patents, Canberra; Filed 27 Mar 1979.
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Patent
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Liao, S.Y.; Jiang, D.M.; Cheng, Q.; Gao, J.; Huang, Z.H.; Hu, Y., E-mail: shyliao@yahoo.com.cn2005
AbstractAbstract
[en] Spherically expanding flames have been employed to determine the laminar flame speeds of liquefied petroleum gas-air mixtures, diluted or not by the combustion exhaust gas, over equivalence ratios from 0.7 to 1.4. The effect of the stretch imposed at the flame front has been explored experimentally, and Markstein lengths are estimated to characterize the flame stretch. After omitting the stretch effect, one has obtained the unstretched laminar burning velocities of liquefied petroleum gas-air flames with or without diluent. Explicit formulas have been obtained to express the laminar burning velocity dependencies on the equivalence ratio and diluent rate
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S0196-8904(05)00080-4; Copyright (c) 2005 Elsevier Science B.V., Amsterdam, The Netherlands, All rights reserved.; Country of input: International Atomic Energy Agency (IAEA)
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[en] Experiences gained during the 'Cape Mohican' incident in October 1996, in San Francisco Bay, were recounted and proposed as a potential example of day-to-day monitoring, evaluation and reporting of shoreline cleanup effort. During this cleanup a set of communications procedures, progress reports and maps were developed which should be equally useful in other similar situations. The cartographic representations were specially highlighted as they focused on ways to provide a clear picture of the short term modifications in oiling conditions of the affected shoreline. The most important lesson learned from this oil spill was the importance of having personnel and equipment sufficiently matched to the task in order to evaluate oil conditions, produce cleanup recommendations, execute and communicate the status of the cleanup effort as fast, and as efficiently and effectively as possible. It was clearly demonstrated that unless the decision process is streamlined and supported with the best, most up-to-date information, the efforts of the cleanup team would be seriously undermined. 8 refs., 2 tabs., 6 figs
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Environment Canada, Ottawa, ON (Canada). Departmental Emergencies Secretariat; 1410 p; 1997; p. 1107-1120; Environment Canada; Ottawa, ON (Canada); 20. Arctic and Marine Oil Spill Program technical seminar; Vancouver (Canada); 11-13 Jun 1997; Available from Emergencies Science Division, Environment Canada, 3439 River Road, Ottawa, Ontario, Canada, K1A 0H3
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