Oil producers can also restrict supply by holding oil inventory in tankers at sea or in other storage facilities. Conversely, producers can put more oil on the market by increasing production or by running down their inventories.

The frequency of attacks on Iraq's infrastructure, such as electricity generation and oil facilities, has decreased since the election, but they continue to have an adverse impact on the availability of electricity and on oil revenues.

Regarding oil, which dominates transportation, the high concentration of deposits in the Middle East, especially those that can be most cheaply exploited, makes oil importing countries hostage both to terrorist attacks on the oil infrastructure and to monopoly determined prices. OPEC uses output cuts whenever possible to keep prices at levels that are at least an order of magnitude above the cost of production plus a reasonable return.

Attacks on infrastructure have been stepped up, with the effect that oil and electricity distribution across the country has been severely disrupted.

Oil doesn't sink, it floats.

It was oil.

These include the 1983 Nowruz oil spill and other events during the Iran Iraq war the operation of oil platforms, terminals and oil processing facilities as well as natural seeps in the Persian Gulf.

Oil. Oil. This was a big topic.

East Fuel General Oil Company said, With China's domestic oil product quality standards continuing to improve, the refining capacity of the equipment also increased.

All the components of the industry such as oil and gas companies, drilling contractors, oilfield equipment suppliers and offshore fabricators experienced increased profits in 1997.

Turtles eat it. It gets in the gills of fish.

By making use of national and international oil companies and contractors, that group can exploit new oil fields, expand secondary fields and or redevelop major infrastructure.

Oilmen spent the energy equivalent of 1 barrel of oil to find and extract 100.

It's your oil, not ours.

And the OPEC nations are the ones that price the oil.

My main business is oil.

Oil

Table 2 Petrol, oil and lubricants

The traditional way to make plastics is with oil or petrochemicals.

Oil revenue and the macroeconomic impact of oil windfalls

Because they have an entire economic system that's dependent on that oil foreign oil, oil from other parts of the world that they don't own.

Moreover, during the reporting period, the National Parliament approved the law on the Petroleum Fund, the law on petroleum taxation and the law on petroleum activities.

I'm talking about OPEC oil.

Shell Oil?

Saudi Arabia is boosting its spending on social and infrastructure investments substantially, as well as expanding oil sector capacity.

In the nineteen sixties, six barrels of oil were found for every one that was used.

The Ceylon Petroleum Corporation which has the monopoly of importing petroleum has agreed to introduce lead free gasoline from 1996.

Penguins don't like oil and they don't like to swim through oil.

Indeed, because oil prices were rising while the dollar was declining, capacity expansion by oil firms failed to meet forecasts for non OPEC production in the last three years. Even oil production in the United States has not matched the increase in oil prices, as rising import costs for tools and equipment partly a reflection of the dollar s weakness and other factors have forced project delays and cancellations.

At the same time, oil hedging not only raises oil prices but results in huge reserves of cash in oil producing countries.

But what about oil? Where is it in the energy system?

Oil detection for the State Pollution Control Authority (SFT) and oil companies

We'd have made improvements around here, oil or no oil.

The Oil Producing Countries

Petroleum products

Minister of Petroleum

L. Oil

It's Shell Oil.

Looking for oil?

Oil exporting countries, however, were currently facing oil capacity constraints and reduced oil refining capability.

Although oil production performances varied, all ESCWA oil exporting countries have experienced a boost in oil export revenue.

Improving that capacity would benefit both oil exporting and oil importing countries.

Some oil exporting countries voiced their concern that measures taken by Annex I Parties in order to reduce consumption of fossil fuels might adversely effect their economies.

(d) quot Vulnerability of Petroleum Industry Facilities from Natural Disasters quot (San Jose, Costa Rica, 30 November 4 December, 1993)

Now, it's about 35 percent.