In terms of sharp drop of international oil prices in the second half of 2008 after heading skyward in the first half of 2008 following continual growth since 2005, while at the same time certain parity among energy prices was disrupted, the author of this article tried to investigate key factors that influenced oil and gas industry and to answer the question what would be a »fair» price of cru...

This report analyzes the technical aspects and the economics of utilizing nuclear reactor to provide the energy needed for a Canadian oil sands extraction facility using SteamAssisted Gravity Drainage (SAGD) technology. The energy from the nuclear reactor would replace the need for energy supplied by natural gas, which is currently burned at these facilities. There are a number of concerns surr...

Venezuela possesses the Western Hemisphere’s largest conventional proven oil reserves at 77.8 billion barrels and has proved natural gas reserves of 148 trillion cubic feet, the largest in Latin America and the seventh-largest in the world. Despite these abundant resources, economic performance of the country has been poor. Oil production declined steadily every year beginning in 1973 and by th...

A gas kick simulation model for deep-water horizontal well with diesel-based drilling fluid is presented in this paper. This model is mainly based on the mass, momentum, and energy conservation equations. The unique aspect of this model is the fluid-gas coupling and the change of mud properties after the gas influx from the formation. The simulation results show that the gas in an annulus disso...

The purpose of this study is to investigate the role of oil, natural gas and coal consumption in Iran’s economic growth during the periods from 1980 to 2012. The stationary analysis is performed by using ADF and Phillips-Perron unit root test and Auto-Regressive Distributed Lag (ARDL) approach was used to test for co-integration between the variables. The findings show that the variables are co...

Sustainable supply chain has become an integral part of the corporate strategy. In this paper, a real case study of the natural gas supply chain has been investigated. Using concepts related to natural gas industry and the relations among the compo-nents of gas and oil wells, refineries, storage tanks, dispatching, transmission and distribution network, a seven-level supply chain has been intro...

background and objectives: food poisoning has been always a major concern in health system of every community and cream-filled products are one of the most widespread food poisoning causes in humans. in present study, we examined the preservative effect of the cinnamon oil in cream-filled cakes. methods: antimicrobial activity of cinnamomum verum j. presl (cinnamon) bark essential oil was examin...