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Custody Transfer in the oil and gas industry refers to the transactions involving transporting physical substance from one operator to another. This includes the transferring of raw and refined petroleum between tanks and railway tank cars; onto ships, and other transactions.
See Stock tank oil for oil industry stock tank definition. A stock tank is used to provide drinking water for animals such as cattle or horses. Stock tanks can range in size from 100 liters to over 5500 liters (30 to 1500 gallons) and typically are made of galvanized steel. These tanks are filled either by a pump, windpump, creek, spring, rely ...
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Fixed roof tanks have a vapor space above the product, which breathes in or out as the product is removed or the tank is filled. Some tanks may be fitted with internal heating coils using hot water or steam to keep the contents warm. This reduces the viscosity of the product to ease transfer and pumping.
Stock transfer agent, an individual or organisation involved in transferring the name and certificate of one master shareholder of stock to another. Stock transfer (housing), the process in which ownership of council housing is transferred to a housing association. Empty stock transfer, the act of moving rolling stock from one destination to ...
I am going to take a deep dive into United States Steel Corporation’s (NYSE:X) most recent ownership structure, not a frequent subject of discussion among individual investors. When it comesRead ...
Representatives for US Steel and Nippon Steel declined to comment on whether the companies had briefed Harris on the deal. In August 2023, US Steel rejected a takeover bid by Ohio-based Cleveland ...
Ownership is the basis for many other concepts that form the foundations of ancient and modern societies such as money, trade, debt, bankruptcy, the criminality of theft, and private vs. public property. Ownership is the key building block in the development of the capitalist socio-economic system. [1]