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Oil Industry

Oil Industry related content:

Oil Industry stories:

Oil Rises a Third Day as Industry Report Shows Lower Stockpiles
Nov 18th, 2009 - Bloomberg
Nov. 18 (Bloomberg) -- Oil advanced for a third day, risingabove $80 a barrel after an industry report showed crudestockpiles declined in the U.S., the largest energy consumer.
Oil rises towards $80 after US crude stocks draw
Nov 18th, 2009 - Reuters
LONDON (Reuters) - Oil rose to $80 per barrel on Wednesday after an industry report showed U.S. crude oil stocks fell steeply last week, but gains were limited by doubts over the outlook for economic growth and energy demand.
Japan's economy continues growing
Nov 16th, 2009 - BBC NEWS
Consumer prices in Japan are falling but demand remains shaky Figures released by the Japanese government show that the country's economy has grown for a second successive quarter.
Japan Trade Minister Apologizes for Leaking GDP Data
Nov 15th, 2009 - ABC News
TOKYO (Reuters) - Japan's trade minister apologized on Monday for disclosing market-sensitive GDP figures in a speech to business executives ahead of their official release...
Oil Eases as Threat From Ida Ebbs
Nov 10th, 2009 - Wall Street Journal
Crude-oil futures were slightly lower in London Tuesday after the threat of Tropical Storm Ida to U.S. oil and gas installations receded. "[Ida] isn't expected to cause any lasting oil industry facilities damage .....

Oil Industry videos from YouTube:

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Oil Industry in Abu Dhabi, UAE - ADMA-OPCO
Abu Dhabi Marine Operating Company (ADMA-OPCO), is a pioneering oil and gas producer whose operations date back to the 1950s, and are centred in the offshore areas of Abu Dhabi. Oil and gas production comes from two major fields Umm Shaif and Zakum ...
1:44
Maxine Waters threatens to nationalize U.S. oil industries
Yay, Democrats!
7:59
Rockefeller Conspiracy To Take Over The Oil Industry
This clip from PBS's American Experience - The Rockefellers tells how John D. Rockefeller took over the oil industry. You can purchase this documentary on DVD here: www.shoppbs.org You can read about the documentary here: www.pbs.org
22:38
Oil War - Nigeria
June 2005 Nigeria's lucrative oil reserves may have enriched its politicians but they've brought little but misery to ordinary people. Now, a rebel group is fighting for a share of the profits ...

Oil Industry from WikiPedia:

The petroleum industry includes the global processes of exploration, extraction, refining, transporting (often by oil tankers and pipelines), and marketing petroleum products. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum is also the raw material for many chemical products, including pharmaceuticals, solvents, fertilizers, pesticides, and plastics. The industry is usually divided into three major components: upstream, midstream and downstream. Midstream operations are usually included in the downstream category.

Petroleum is vital to many industries, and is of importance to the maintenance of industrialized civilization itself, and thus is a critical concern for many nations. Oil accounts for a large percentage of the world’s energy consumption, ranging from a low of 32% for Europe and Asia, up to a high of 53% for the Middle East.