The Oil Industry Tomorrow: Report of the Summer Meeting of the Institute of Petroleum Held at Gleneagles, 1962 |
Common terms and phrases
already Ashton capital expenditure capital investment catalytic reforming cent Chase Manhattan Bank competition concerned consuming countries consumption cost crude oil cumulative production curves desulphurization diesel discovery distillate drilling economic energy engine estimates Europe expected exports factors figures finance forecast Fowler free world fuel oil future gas turbine gasoline going governments greater growth hydrocracking hydrogen important improved increase industry's injection integrated companies kerosine Kuwait lubricants major ments Middle East million tons million tons/year motor gasoline natural gas offshore oil companies oil industry oilfields OPEC operations paper pipeline plants possible posted prices present problem producing countries profits proved reserves question rate of return recent reduce refineries refining Research octane Research octane number reservoir road secondary recovery storage stratified charge engine suggest sulphur content supply surplus tanker techniques tion to-day tonnage town gas transportation trend turbine vehicles Venezuela