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The oil and gas industry is usually divided into three major sectors: upstream, midstream, and downstream. The downstream sector is the refining of petroleum crude oil and the processing and purifying of raw natural gas , [ 1 ] as well as the marketing and distribution of products derived from crude oil and natural gas .
Global renewable energy investment growth (1995-2007) [1] In 2020, the global renewable energy market was valued at $881.7 billion [ 2 ] and consumption grew 2.9 EJ. [ 3 ] China was the largest contributor to renewable growth, accounting an increment of 1.0 EJ in consumption, followed by the US, Japan, the United Kingdom, India, and Germany.
Renewable energy often displaces conventional fuels in four areas: electricity generation, hot water/space heating, transportation, and rural (off-grid) energy services. [22] Although almost all forms of renewable energy cause much fewer carbon emissions than fossil fuels, the term is not synonymous with low-carbon energy.
The Society of Petroleum Engineers (SPE) is the largest professional society for petroleum engineers and publishes much technical information and other resources to support the oil and gas industry. It provides free online education (webinars), mentoring, and access to SPE Connect, an exclusive platform for members to discuss technical issues ...
KBC Advanced Technologies Ltd is a technology-based consulting company in the energy and chemical industries. It is headquartered in Walton on Thames in England and the company has offices worldwide, with major operations in Houston and Singapore.
Wind power is considered a sustainable, renewable energy source, and has a much smaller impact on the environment compared to burning fossil fuels. Wind power is variable, so it needs energy storage or other dispatchable generation energy sources to attain a reliable supply of electricity. Land-based (onshore) wind farms have a greater visual ...
More than 200 Stanford University faculty members are involved in the program. With students, technicians and others who are actively engaged at the tasks at hand, Stanford's Global Climate and Energy Project focuses on traditional issues like renewable energy, fossils and nuclear energy, energy storage, grid modernization and its environmental impact.
Upstream regards exploration and extraction of crude oil, midstream encompasses transportation and storage of crude, and downstream concerns refining crude oil into various end products. Petroleum is vital to many industries, and is necessary for the maintenance of industrial civilization in its current configuration, making it a critical ...