What is Greenfield in oil and gas?

Greenfield and brownfield investments are two types of foreign direct investment. With greenfield investing, a company will build its own, brand new facilities from the ground up. Brownfield investment happens when a company purchases or leases an existing facility.

What are field based refineries?

Based on location, there are two types of oil refineries: (a) field-based refineries: located near the oil-wells and. (b) market-based refineries: they get crude oil either by ships or by pipelines. Examples include Koyali, Mathura and Barauni in India. ……

What is green refinery?

The task of green refineries is to make use of biomass and renewable energies by converting them into various intermediate and end products by utilizing a wide variety of technologies.

What is petroleum refining industry?

The petroleum refining industry converts crude oil into more than 2500 refined products, including liquefied petroleum gas, gasoline, kerosene, aviation fuel, diesel fuel, fuel oils, lubricating oils, and feedstocks for the petrochemical industry.

What is difference between greenfield and brownfield?

A greenfield project is one that lacks constraints imposed by prior work on the site. Typically, what a greenfield project entails is development on a completely vacant site. Architects start completely from scratch. A brownfield project is one that carries constraints related to the current state of the site.

What is brownfield vs greenfield?

Brownfield sites are typically located in urban areas because they’ve previously been built upon. On the other hand, greenfield sites have never been built on and can be found in the countryside or rural areas. It’s rare to find a greenfield site near the city centre today.

What is the difference between refinery and petrochemical?

Refineries focus on fuels production. Refinery products include LPG (liquefied petroleum gas), gasoline (petrol), kerosene and jet fuel, diesel, fuel oils, and coke. Petrochemicals focus on creating intermediates used to produce industrial and consumer products.

What is the difference between crude oil and refined oil?

Refined petroleum products are derived from crude oils through processes such as catalytic cracking and fractional distillation. These products have physical and chemical characteristics that differ according to the type of crude oil and subsequent refining processes.

What is green fuel?

Renewable hydrocarbon biofuels (also called green or drop-in biofuels) are fuels produced from biomass sources through a variety of biological, thermal, and chemical processes. These products are chemically identical to petroleum gasoline, diesel, or jet fuel.

How is green diesel made?

Abstract. Green diesel, one of alternative energy products, is a second generation of biofuel, which has a similar molecular structure as petroleum diesel but provides better diesel properties. The green diesel has been produced by a hydrotreating of triglycerides in vegetable oils with hydrogen.

What are the 3 petroleum products classification?

Classification of Refined Petroleum Products

  • Motor gasoline. ‘Motor gasoline’ includes all gasoline type fuels for internal combustion engines other than aircraft. (Harmonized System code 2710.00.13, .14 and .15)
  • Diesel fuel oil.
  • Light fuel oil.

What greenfield project means?

What is a Greenfield Project? A greenfield project can describe any project that a team starts from scratch. The term comes from real estate, where it conveys the image of a literal green-field site for development, undisturbed by previous construction.

Why is brownfield better than greenfield?

Bringing a Brownfield site back into use prevents ‘urban sprawl’ thereby reducing traffic. Brownfield redevelopment can be cheaper because vital infrastructure (drainage, electricity, roads, transport networks etc.) already exists. Using disused urban land leaves green, rural areas intact.

What are greenfield products?

In product management, greenfield projects refer to products developed entirely from scratch. For software companies, this would mean that the solution your team plans to kick off does not have: Existing codebase for the development team to build on.

Which country has the largest petrochemical industry?

According to the American Fuel and Petrochemical Manufacturers (AFPM), the US leads the global production of petroleum products, including crude oil, petroleum liquids, and biofuels with nearly 19 million barrels per day.

Does petrol expire in refinery?

While petrol’s raw ingredient, crude oil, can last for millions of years, it won’t last more than a couple of years at most once it’s refined into petrol. What’s more, oxygen, heat and humidity can affect the condition of the fuel,2 which means petrol stored for a long time can essentially ‘go off’ after a while.

What are the 3 types of fuel?

Types of Fuels:

  • Solid Fuels.
  • Liquid Fuels.
  • Gaseous Fuels.

Can Green Fuel replace petrol?

More flexibility—Renewable hydrocarbon biofuels are replacements for conventional diesel, jet fuel, and gasoline, allowing for multiple products from various feedstocks and production technologies.

Who uses green diesel?

All green diesel supplied in Ireland for use in all non road mobile machinery is primarily used in the agricultural and commercial sectors i.e. tractors, harvesters, diggers, forklifts etc must be sulphur free gas oil (SFGO) which contains 10 parts per million of sulphur (10 ppm).

Can biodiesel replace diesel?

Biodiesel is a domestically produced, clean-burning, renewable substitute for petroleum diesel. Using biodiesel as a vehicle fuel increases energy security, improves air quality and the environment, and provides safety benefits.

What are the 4 main types of crude oil?

The Four Main Types of Oil

  • Light Distillates. These include, among others, gasoline, kerosene, jet fuel and several varieties of petroleum.
  • Middle Distillates. These include the majority of Grade 1 and 2 fuel oils and diesels, along with domestic fuel.
  • Medium Oils.
  • Heavy Fuel Oils.

Which 2 countries use the most oil?

Oil Consumption by Country

# Country Yearly Gallons Per Capita
1 United States 934.3
2 China 138.7
3 India 51.4
4 Japan 481.5

What is a greenfield company?

A green-field (also “greenfield”) investment is a type of foreign direct investment (FDI) in which a parent company creates a subsidiary in a different country, building its operations from the ground up.

What is greenfield advantage?

The advantages of greenfield investments include increased investor control relative to investing in an existing local business, as well as the opportunity to form marketing partnerships and avoid intermediary costs.

What are disadvantages of greenfield sites?

Greenfield sites are undeveloped areas within or outside a city, typically on agricultural land.

Disadvantages include:

  • Infrastructure installation often required.
  • Further away from the city and its services.
  • Longer commutes for workers.
  • May be viewed as urban sprawl and a negative environmental impact.