The long awaited third edition of Properties of Petroleum Fluids covers all the essential components, properties, and equations for the various fluids and gases. Esteemed author William McCain, has expanded and revised his book to now include new and updated correlations and rules for preparing values of nearly all the fluid properties required by petroleum engineers. The third edition also includes new research on asphaltenes and gas hydrates and two new chapters on gas condensates and volatile oils.

For over eighty years the Arab region has derived massive wealth from its natural resources, yet the region's economies remain little diversified, while the oil market is experiencing major structural shifts with the advent of shale gas. Moreover, the resource itself is eventually exhaustible. Under these conditions economic prosperity cannot be sustainable. The critical question is how can the countries of this region escape the 'oil curse'? In this volume, leading economists argue that the curse is not a predestined outcome but a result of weak institutions and bad governance. A variety of analytical perspectives and examination of various international case studies leads to the conclusion that natural resources can only spur economic development when combined with sound political institutions and effective economic governance. This volume, with its unique focus on the Arab region, will be an important reference for researchers and policymakers alike.

The First World War showed the vital importance of oil. Use of oil fuelled aircraft, tanks, motor vehicles and especially warships increased greatly during the war. The war made it clear that major powers had to have secure oil supplies. Britain and its allies found themselves in an oil crisis in 1917. It was overcome, with difficulty, and the Allies' greater oil resources, mostly supplied by the USA, contributed to their victory. The situation was, however, been tight and it was not certain that the USA would be willing or able to provide such large quantities in a future conflict. It might not be friendly and there were fears that its oil production would soon peak. These proved to be wrong, but they influenced policy makers, including US ones, at the time. The most obvious place to obtain oil supplies was the Mosul province of the Ottoman Empire. Britain had several reasons to want the League of Nations mandate over Iraq, but oil was the main reason why it wanted Mosul to be part of Iraq. France, Italy and the USA were all also interested in Mosul's oil. The Sykes-Picot Agreement, signed before the need for oil became apparent, had put only about half of Mosul in the British zone. Britain successfully argued at the series of post war peace and inter-Allied conferences that it should have the mandate over an Iraq that included all of Mosul. Britain made several attempts to form a large, British controlled oil company, but it was impossible to create a scheme that suited all parties or that guaranteed that the company would act in the national interest. A realisation that control of oil bearing territory was more important than the nationality of companies allowed the British to give French and US companies a stake in Mosul's oil. This helped to improve relations between Britain and these two countries. The Italians, who had little to offer in return, did not get a stake in Mosul's oil.Oil did not cause the First World War, but the war showed Britain and other major powers that they needed secure oil supplies. As Mosul was the obvious place to obtain them, this quest for oil helped shape the post war Middle East.

The fossil fuel industry and many environmental groups tout hydraulic fracturing -- "fracking" -- as a panacea, with slick promises of energy independence, greenhouse gas reductions, and benefits to local economies. Yet the controversial technology, which blasts massive volumes of fluids, sand, and chemicals into rock and coal formations, has sparked huge public protests. "Fracking the Earth" tells the shocking, inspiring story of one woman's battle to hold government and industry accountable for the damage fracking leaves in its wake. After energy giant Encana secretly fracked hundreds of gas wells around her home and her well water turned to a flammable broth, Jessica Ernst started asking questions. When she put forward evidence that Encana had violated laws by fracturing the community's drinking water aquifer, Ernst was falsely tagged as a bomb-making terrorist and visited by the government's anti-terrorism squad. Frightened but undaunted, she uncovered a startling history of liability, fraud, and intimidation, along with a willful denial of widespread groundwater contamination. Jessica Ernst's remarkable story raises dramatic questions about the role of Big Oil in government, society's obsession with rapidly depleting supplies of unconventional oil and gas, and the future of civil society.

Irene L. Gendzier presents incontrovertible evidence that oil politics played a significant role in the founding of Israel, the policy then adopted by the United States toward Palestinians, and subsequent U.S. involvement in the region. Consulting declassified U.S. government sources, as well as papers in the H.S. Truman Library, she uncovers little-known features of U.S. involvement in the region, including significant exchanges in the winter and spring of 1948 between the director of the Oil and Gas Division of the Interior Department and the representative of the Jewish Agency in the United States, months before Israel's independence and recognition by President Truman. Gendzier also shows that U.S. consuls and representatives abroad informed State Department officials, including the Secretary of State and the President, of the deleterious consequences of partition in Palestine. Yet the attempt to reconsider partition and replace it with a UN trusteeship for Palestine failed, jettisoned by Israel's declaration of independence. The results altered the regional balance of power and Washington's calculations of policy toward the new state. Prior to that, Gendzier reveals the U.S. endorsed the repatriation of Palestinian refugees in accord with UNGA Res 194 of Dec. 11, 1948, in addition to the resolution of territorial claims, the definition of boundaries, and the internationalization of Jerusalem. But U.S. interests in the Middle East, notably the protection of American oil interests, led U.S. officials to rethink Israel's military potential as a strategic ally. Washington then deferred to Israel with respect to the repatriation of Palestinian refugees, the question of boundaries, and the fate of Jerusalem-issues that U.S. officials have come to realize are central to the 1948 conflict and its aftermath.

Through innovative and expansive research, Oil Revolution analyzes the tensions faced and networks created by anti-colonial oil elites during the age of decolonization following World War II. This new community of elites stretched across Iran, Iraq, Saudi Arabia, Venezuela, Algeria, and Libya. First through their western educations and then in the United Nations, the Arab League, and the Organization of Petroleum Exporting Countries, these elites transformed the global oil industry. Their transnational work began in the early 1950s and culminated in the 1973-4 energy crisis and in the 1974 declaration of a New International Economic Order in the United Nations. Christopher R. W. Dietrich examines how these elites brokered and balanced their ambitions via access to oil, the most important natural resource of the modern era.

'Charlotte Dennett has written an excellent book summarizing the geopolitics of the Middle East historically through to current events. . . . This is an amazing piece of historical writing. . . . Students, foreign affairs "experts" and officials should have this work as required reading.'-Jim Miles, Palestine Chronicle Part personal pilgrimage, part deft critique, Dennett's insightful reportage examines what happens to international relations when oil wealth hangs in the balance, and she shines a glaring light on what so many have actually been dying for. In 1947, Daniel Dennett, America's sole master spy in the Middle East, was dispatched to Saudi Arabia to study the route of the proposed Trans-Arabian Pipeline. It would be his last assignment. A plane carrying him to Ethiopia went down, killing everyone onboard. Today, Dennett is recognised by the CIA as a 'Fallen Star' and an important figure in US intelligence history. Yet the true cause of his death remains clouded in secrecy. In Follow the Pipelines, investigative journalist Charlotte Dennett digs into her father's postwar counterintelligence work, which pitted him against America's wartime allies - the British, French and Russians - in a covert battle for geopolitical and economic influence in the Middle East. Through stories and maps, she reveals how feverish competition among superpower intelligence networks, military and Big Oil interests have fueled indiscriminate attacks, misguided foreign policy and targeted killings that continue to this day. Follow the Pipelines also brings new questions to the fore: To what lengths has the United States negotiated with the Taliban, Al Qaeda and ISIS to secure Big Oil's holdings in Syria, Iraq, Afghanistan and Yemen? Was the Pentagon's goal of defeating ISIS a fraudulent pretext for America's occupation of Syrian eastern provinces and a land grab for oil? Did the infamous double agent Kim Philby, who worked for the British while secretly spying for the Russians, have anything to do with Dennett's death? Why have the US and China made North Africa the next major battleground in the Great Game for Oil? Charlotte Dennett delivers an irrefutable indictment of these devastating external forces and demonstrates how decades of brutal violence have shaped the Middle East and birthed an era of endless conflict - all for oil.

Oil is the world's most important commodity. It is also one of the most politicized, with national oil companies controlling most of the world's reserves. Contrary to conventional wisdom, Llewelyn Hughes shows that governments across the advanced industrial states responded to the politicization of oil in the 1970s by freeing prices, lowering barriers to trade, and privatizing national oil companies. How did this come about? And why do some governments continue to support domestic firms? In answering these questions, Hughes shows that the politicization of oil also led to a transformation in oil market governance by changing the balance of risk and opportunities facing firms. He also shows that their ability to benefit from this change was conditioned by previous attempts to shape the competitive landscape in their favor. Hughes' study has important implications not only for the politics of oil, but also for the study of economic liberalization.

Political democratization and economic globalization have been two of the most important global trends of the past few decades. But, how are they connected? Do the domestic political institutions affect a country s attractiveness to foreign investors? Can countries that democratize attract relatively more foreign investments? Drawing on three in-depth case studies of oil-rich countries and statistical analyses of 132 countries over three decades, Oksan Bayulgen demonstrates that the link between democratization and FDI is nonlinear. Both authoritarian regimes and consolidated democracies have institutional capabilities that, though different, are attractive to foreign investors. Democracies can provide long-term stability, and authoritarian regimes can offer considerable flexibility. The regimes that have started on the road to democracy, but have not yet completed it, tend to have political institutions that provide neither flexibility nor stability. These hybrid regimes, then, also find it relatively more difficult to construct a policy environment that is attractive to foreign investments. These findings have deep implications for the link between democratization and globalization, but also how globalization may affect political, social, and economic development."

This book investigates the paradox at the heart of present-day Gulf of Guinea politics. The governance crisis festering throughout every one of the region's states ought to discourage outsiders from capital-intensive, long-term commercial involvement and cast doubts over the political survival of ruling cliques. However, the presence of large petroleum deposits radically changes this equation: the negative dynamics of state failure and widespread violence affect the general population but spare the oil nexus. The material and political resources made available by oil allow states to survive regardless of bad policies, facilitate their governing elites' material success regardless of reckless management, earn international allies regardless of erratic domestic conduct, and make companies want to invest regardless of risk. The recent oil boom only strengthens this paradoxical viability. Making possible what is arguably the largest inflow of resources into Africa in history, it is of a different order from the short-term viability afforded by the exploitation of other natural resources. Nonetheless, the partnership between insiders and outsiders that permits the extraction of oil is not conducive to positive long-term outcomes in institution-building or broad-based economic growth. Highly dependent on uninterrupted money flows and beset by various destabilising trends, the political economy of oil in the Gulf of Guinea is poised in a state of 'permanent crisis'. This study, based on extensive fieldwork, interviews and engagement with primary and secondary sources, is the first on the subject to take on the regional, as opposed to the country-specific, dimension. It has four key aims. The first is to bring out the extent to which oil has forged the interaction of the region with the world economy and how the ongoing expansion of the oil sector will deepen this pivotal role. Secondly, how this international relevance of petroleum has shaped postcolonial domestic politics and institutions. Thirdly, it examines the interests of different sets of empowered actors in the partnership between importers, producers and oil companies, their interplay, and the manner and contexts in which their goals diverge or converge. Finally, it analyses the sources of long-term sustainability of the political economy of oil in the Gulf of Guinea amidst seemingly unmanageable chaos.

Oil, Democracy, and Development in Africa presents an optimistic analysis of the continent s oil-producing states. With attention to the complex histories, the interactions of key industry actors and policy makers, and the goals of diverse groups in society, this contribution fills a gap in the literature on resource-abundant countries. John R. Heilbrunn presents a positive assessment of circumstances in contemporary African oil exporters. The book demonstrates that even those leaders who are among the least accountable use oil revenues to improve their citizens living standards, if only a little bit. As a consequence, African oil producers are growing economically and their people are living under increasingly democratic polities. Heilbrunn thus calls for a long-overdue reassessment of the impact of hydrocarbons on developing economies."

As OPEC has loosened its grip over the past ten years, the oil market has been rocked by wild price swings, the likes of which haven't been seen for eight decades. Crafting an engrossing journey from the gushing Pennsylvania oil fields of the 1860s to today's fraught and fractious Middle East, Crude Volatility explains how past periods of stability and volatility in oil prices help us understand the new boom-bust era. Oil's notorious volatility has always been considered a scourge afflicting not only the oil industry but also the broader economy and geopolitical landscape; Robert McNally makes sense of how oil became so central to our world and why it is subject to such extreme price fluctuations. Tracing a history marked by conflict, intrigue, and extreme uncertainty, McNally shows how-even from the oil industry's first years-wild and harmful price volatility prompted industry leaders and officials to undertake extraordinary efforts to stabilize oil prices by controlling production. Herculean market interventions-first, by Rockefeller's Standard Oil, then, by U.S. state regulators in partnership with major international oil companies, and, finally, by OPEC-succeeded to varying degrees in taming the beast. McNally, a veteran oil market and policy expert, explains the consequences of the ebbing of OPEC's power, debunking myths and offering recommendations-including mistakes to avoid-as we confront the unwelcome return of boom and bust oil prices.

This book, first published in 2007, presents research by leading scholars to an international audience of academics, business executives, and policy makers. This research is presented in two clusters. The first cluster of studies explores four cross-cutting topics, including surveys of the changes in industry structure, corporate strategies, plant technologies, governmental policies, finance, and corporate governance. The second cluster of studies comprises nine country surveys that examine the experiences of representative nations in chemical production and foreign trade. By combining the similar historical cases of a few nations (such as Sweden, Norway, and Finland), the authors are able to deal with eleven chemical-producing nations, including all of the leaders in this area as well as some of the important followers.

In Chapter One, L. Khotseng and G. Vaivars provide an overview of the recent advances in electrocatalysts for direct methanol fuel cells for both anode and cathode catalysts in order to present direct methanol fuel cells as an alternative power source for portable devices. In Chapter Two, Nobuyoshi Nakagawa, Mohammad Ali Abdelkareem, Takuya Tsujiguchi, and Mohd Shahbudin Masdar propose a fuel supply layer using a porous carbon plate (PCP) for DMFCs allowing for the use of high methanol concentrations. The proposed layer is comprised of a thin PCP layer, as well as a gap layer that has a mechanism to supply the methanol as a vapor. Next, Chapter Three by D.S. Falcao, J. P. Pereira, and A.M.F.R. Pinto review the multiphase flow in fuel cells modelling approaches while also reviewing the flow visualisation techniques for flow analysis in fuel cells. Chapter Four by B.A. Braz, V.B. Oliveira, and A.M.F.R. Pinto closes the book by discussing the key work that has been done to improve the passive DMFC performance and providing a review on the most recent developments in passive DMFCs.

This 2000 book provides an introduction to the nature, occurrence, physical properties, propagation and uses of surfactants in the petroleum industry. It is aimed principally at scientists and engineers who may encounter or use surfactants, whether in process design, petroleum production, or research and development. The primary focus is on applications of the principles of colloid and interface science to surfactant applications in the petroleum industry, and includes attention to practical processes and problems. Applications of surfactants in the petroleum industry are of great practical importance and are also quite diverse, since surfactants may be applied to advantage throughout the petroleum production process: in reservoirs, in oil and gas wells, in surface processing operations, and in environmental, health and safety applications. In each case appropriate knowledge and practices determine the economic and technical successes of the industrial process concerned. The book includes a comprehensive glossary, indexed and fully cross-referenced.

Oil, Dollars, Debt, and Crises studies the causes of the current oil and global financial crisis and shows how America s and the world s growing dependence on oil has created a repeating pattern of banking, currency, and energy-price crises. Unlike other books on the current financial crisis, which have focused on U.S. indebtedness and American trade and economic policy, Oil, Dollars, Debt, and Crises shows the reader a more complex picture in which transfers of wealth to and from the Middle East result in a perfect storm of global asset and financial market bubbles, increased unrest, terrorism and geopolitical conflicts, and eventually rising costs for energy. Only by addressing long-term energy policy challenges in the West, economic development challenges in the Middle East, and the investment horizons of financial market players can policy makers ameliorate the forces that have been causing repeating global economic crises.

Oil, Dollars, Debt, and Crises studies the causes of the current oil and global financial crisis and shows how America s and the world s growing dependence on oil has created a repeating pattern of banking, currency, and energy-price crises. Unlike other books on the current financial crisis, which have focused on U.S. indebtedness and American trade and economic policy, Oil, Dollars, Debt, and Crises shows the reader a more complex picture in which transfers of wealth to and from the Middle East result in a perfect storm of global asset and financial market bubbles, increased unrest, terrorism and geopolitical conflicts, and eventually rising costs for energy. Only by addressing long-term energy policy challenges in the West, economic development challenges in the Middle East, and the investment horizons of financial market players can policy makers ameliorate the forces that have been causing repeating global economic crises.

Is there a low-carbon future for the oil industry? Faced with compelling new geological evidence, the petroleum industry can no longer ignore the consequences of climate change brought on by consumption of its products. Yet the global community will continue to burn fossil fuels as we manage the transition to a low-carbon economy. As a geologist, oil man, academic and erstwhile politician, Bryan Lovell is uniquely well placed to describe the tensions accompanying the gradual greening of the petroleum industry over the last decade. He describes how, given the right lead from government, the oil industry could be environmental saviors, not villains, playing a crucial role in stabilizing emissions through the capture and underground storage of carbon dioxide. Challenging prejudices of both the environmentalists and the oil industry, Lovell ultimately assigns responsibility to us as consumers and our elected governments, highlighting the need for decisive leadership and urgent action to establish an international framework of policy and regulation. Bryan Lovell comments in a US News & World Report article on Exxon's potential to 'go green' - click here Video from a performance of a folk song inspired by the book, written and performed by Mike Excell at the Woodman Pub, Ware, UK. (Recording courtesy of Tony Dawes.)

An exploration of the social and environmental consequences of oil extraction in the tropical rainforest. Using northern Veracruz as a case study, the author argues that oil production generated major historical and environmental transformations in land tenure systems and uses, and social organisation. Such changes, furthermore, entailed effects, including the marginalisation of indigenes, environmental destruction, and tense labour relations. In the context of the Mexican Revolution (1910 1920), however, the results of oil development did not go unchallenged. Mexican oil workers responded to their experience by forging a politicised culture and a radical left militancy that turned 'oil country' into one of the most significant sites of class conflict in revolutionary Mexico. Ultimately, the book argues, Mexican oil workers deserve their share of credit for the 1938 decree nationalising the foreign oil industry - heretofore reserved for President Lazaro Cardenas - and thus changing the course of Mexican history.

Acquisitions and divestitures are common occurrences in the international oil and gas industry, ranging in size and complexity from transformational mergers between supermajors to transactions at an individual asset level. They are used in order to manage both costs and risks. Although the recent oil price slump has somewhat reduced the level of transactional activity, that level is expected to increase again in the near term. Low oil prices are creating an increasing number of distressed sellers and an increasing number of opportunistic buyers, including some that have not traditionally participated in the upstream oil and gas industry. Moreover, any 'new norm' for oil prices - even at a lower level - provides a relatively stable environment for buyers and sellers to agree valuations. Sale and purchase agreements relating to oil and gas assets are highly specialised, reflecting the unique nature and characteristics of the industry itself. This book, written by experienced and well-known practitioners from within the oil and gas industry, is intended to provide a practical review of the provisions typically included in such agreements. It aims to benefit lawyers and commercial negotiators working in the industry who handle sale and purchase transactions and who want to better understand the usual terms and conditions involved in those transactions. Legal professors and their students could also benefit from using the book as a teaching aid based on real-world experience.

Every day, millions of Americans get behind the wheels of their car, peacefully unaware of where the gas that powers their vehicle originates. Only transportation and industrial uses consume significant quantities of oil in the United States, with transportation by far the dominant user. Electric power generated by oil is virtually nonexistent, while residential and commercial heating uses for oil continue to fall. In Less Oil or More Caskets: The National Security Argument for Moving Away From Oil, Greg Ballard profiles the history of US troops in the Middle East the last forty plus years and the impact the oil industry has had on our international politics. More than a recap, Ballard makes a call to action for American politicians and citizens to change their ideas about transportation in America. By changing the fuel in our vehicles and embracing new technologies in transportation, he argues that within two decades our nation and the world could be on the path to freedom from the current dependence on oil-rich nations. This would preclude the United States from having to send troops overseas to protect the supply of oil for the entire world, saving both dollars and lives. .

This encyclopedia presents important research on Cuba. Some of the topics discussed herein include Cuba's policies and relations with the United States; Cuba broadcasting; human rights; offshore oil development; legislative restrictions limiting the normalization of relations; and the reengagement of detainees formerly held at Guantanamo Bay, Cuba.

After looking briefly at the reasons for the oil fraternity’s choice of Venezuela, the book examines the relationship between Gómez’s government and the oil companies during this period. It deals with the government’s initial encouragement, legislation, and unsuccessful attempts to increase production from the small number of companies operating before 1919. The important local links between the oil companies and vested interests, including Gómez’s family and entourage, are examined to determine the level of interaction between the two groups. The socio-economic effects of the companies are looked at in detail to ascertain their impact, both regionally and nationally, on agriculture, trade, currency fluctuations, industry and politics. Finally, the government’s reaction to this and the degree of control exercised over the exploitation of its natural resources are examined.

Heiss provides the most detailed account available of the 1951 seizure of British oil holdings in Iran by prime minister Mohammed Mossadegh, a turning point in cold war history.