Essays on Naphtha

Abstract

Crude oil, also known as petroleum, is one of the most important natural resources. It is a fossil fuel that is non-renewable and has different components such as hydrocarbon compounds and other materials like oxygen, sulphur, nitrogen, salt and water. It is normally extracted from the ground, under the seas, and on land and is then transported to refineries. Most of the substances are removed in the refinery, and the oil is broken down and blended into useful products (McCants, 1989). Some of these products include medicines, plastics, fabrics, dyes, cosmetics, and transport fuels. Transportation of crude oil is done ...

Executive Summary

The oil industry is one of the most dynamic and robust sectors that contribute to the economic growth of a country. Due to the lucrative nature of the oil industries’ production performance, oil producing organizations have continued to attract a wide array of personnel. Employers have the obligation to provide remunerations that are commensurate with the demands of the job. Since oil industries have been identified to be one of the most hazardous, risks have to be assessed, managed, and appropriately controlled. One of the largest and most productive oil organizations in the world is Saudi Arabian Oil Company (ARAMCO). ...

Background Information

Saudi Arabian Oil Company (ARAMCO) is a state-owned oil organization of the Kingdom of Saudi Arabia (Figure 1) . Saudi Aramco was founded in the early 1930s with headquarters at Dhahran, Saudi Arabia. The President and Chief Operating Officer is Khalid A. Al-Falih since 2009. A total of 3.4 billion barrels of oil were produced in 2013 or 9.4 million barrels per day (bpd) . Forbes ranked Saudi Aramco as number one in the list of the world’s biggest oil companies .

Aramco Operations

There are different stages in oil operations. The current section expounds on oil exploration, production, refining and marketing, and finally, ...