The Indonesian Petroleum Association asserts that, “Exploration for oil in
Indonesia dates back to 1871, with the first commercial production beginning in 1885.” The success of one of the very first wells, drilled at Telaga Tunggal in 1885, triggered the explosion in the Indonesian oil industry. At a depth of only 121 meters, this well was producing commercial quantities of oil. This immediately led to further exploration and drilling of new oil fields throughout the region. The Royal Dutch Company and Shell Transport and Trading were the first two companies to spearhead the start of the oil industry in Indonesia. In 1890, the Royal Dutch Company was created to produce and refine oil as Shell Transport and Trading focused on the marketing and transportation side of the market. They merged in 1907 to form Royal Dutch Shell. In the literary work, “Earliest Days of Petroleum Industry in Indonesia,” it states that at this time “total production increased to 62,000 barrels per day, of which 95 percent was produced by Royal Dutch Shell.” By the turn of the century, there were about twenty companies exploring, if not already producing, oil in Indonesia. However, Royal Dutch Shell and the U.S. companies Stanvac and Caltex dominated the industry in Indonesia in the first half of the twentieth century. The major oil fields included Kruka and Ledok in East Java, Kampong Minyak and Sumpal in South Sumatra, and Perlak in North Sumatra. With these abundant fields and other new fields being discovered, crude oil production reached a new high in 1939. The production of crude oil reached 170,000 barrels per day, while approximately 180,000 barrels were being refined each day. As a result, nearly 75 percent of crude oil in the Far East came from I...
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...o be exported by helping meet domestic energy requirements. Indonesia dominates global palm oil production. Expected to produce 31 million metric tons in 2013, Indonesia is currently the largest producer and exporter of palm oil worldwide. Palm oil is a cheap and production efficient oil produced from the fruit of certain palms. With the growth of the palm oil industry, deforestation has become prevalent in Indonesia as a means to produce it. According to the Indonesian Ministry of Agriculture, “The total area of oil palm plantations in Indonesia is currently around eight million hectare; a number which is twice as much as in the year 2000.” The palm oil industry is expected to expand for a number of reasons. Crude palm oil is simple to produce and therefore has low production costs and international demand for it is increasing as a result of rising gasoline prices.
In conclusion, Oil impacted social change over time, which helped us grow as a society. If you took my proposal into consideration I would really appreciate it. My proposal is going to have all of the factors of Oil and how oil has change our state. After reading the documents that you have given me I was able to answer question “What story should be told”. As H.L hunt always said “money is just as way of keeping score”. - H.L
One of these factors was the logistical nightmare of redeveloping the infrastructure needed to transport oil to the refinery. As early as 1881, Standard oil operated approximately 3,000 miles of pipelines, eventually owning ninety percent of the nation’s pipelines. Although transcontinental railroads were an available alternative, pipelines were cheaper, reduced handling and storage fees, and were more efficient. The fact that modern oil companies invest hundreds of millions of dollars into speculating for sustainable natural oil deposits implies that such deposits are rare and hard to identify with a passing glance. If the spurts of oil proved to be isolated incidents, the capital invested in building pipelines and reestablishing a monopoly would have been squandered.
Rifin, A. (2010). The Effect of Export Tax on Indonesia’s Crude Palm Oil (CPO) Export Competitiveness. ASEAN Economic Bulletin, 27(2), 173–84.
On January 10th 1901 the discovery of oil at Spindletop would lead to the greatest economy boom the world has ever encountered. The amount of oil that would be discovered across Texas would be more than enough to power America through the next several decades. The effects of having oil would completely change Texas culture, lifestyle, and business tremendously. In the book of Oil In Texas, will prove that America would change completely from agriculture nation to an industrial nation after the discovery of oil in Texas.
1. Lorenzo’s parents used the scientific method to solve the situation of lorenzo dying by coming up will solution to his ALD problem and stayed up late every night for years straight just to find a cure for ald and to save their child and all the other kids that suffer from ald and save their lives and many other life that may yet come and suffer from ald
Pratt, Joseph A. “Exxon and the Control of Oil.” Journal of American History. 99.1 (2012): 145-154. Academic search elite. Web. 26. Jan. 2014.
"Oil Imports and Exports - Energy Explained, Your Guide To Understanding Energy." Web. 26 May 2011. .
Many companies have turned to sustainable palm oil, palm oil that is produced on plantations that reuse the land for their agricultural purposes, thus supplying more palm oil without the destruction of natural forests. Some choose to boycott palm oil entirely, but this alternative will not significantly change the demand for palm oil. Vegetable oil is used abundantly and oil palm trees are the quickest producing oil crops, concluding them necessary to satisfy the demand for edible oils. Not only is palm oil versatile for its uses and quick to produce, but it is a major component to the economy in Indonesia and Malaysia. Many people living in these countries struggle with poverty, and agriculture of sustainable palm oil is how a great deal of people support themselves and their families. If the boycott of palm oil were successful, a considerable population of people would be unemployed and
" Oil is the life blood of our modern industrial society. It fuels the machines and lubricates the wheels of the world’s production. But when that vital resource is out of control, it can destroy marine life and devastate the environment and economy of an entire region…. The plain facts are that the technology of oil-- its extraction, its transport, its refinery and use-- has outpaced laws to control that technology and prevent oil from polluting the environment…" (Max, 1969). Oil in its many forms has become one of the necessities of modern industrial life. Under control, and serving its intended purpose, oil is efficient, versatile, and productive. On the other hand, when oil becomes out of control, it can be one of the most devastating substances in the environment. When spilled in water, it spreads for miles around leaving a black memory behind (Stanley, 1969).
Palm oil is considered an essential ingredient for the production of foods and other products in which human use. Orangutan Project (2015) states that ‘palm oil is derived from the fruit of the oil palm tree’, and the ‘palm oil plantations are the main driver for deforestation in Indonesia’. The harvest of the palm trees for the production of palm oil affects the ecosystem as it can affect the environment. This investigation with highlight out the advantages of the palm fruit providing nutrients, it is essential for the productions of products, and this production being that palm oil can reduce poverty. The negatives of how the production of palm oil negatively affects the environment, the habitat of the animals, and social consequences
finding new ways to drill for oil and also refine it more efficiently to ensure that
The largest world supplier oil company is Saudi Aramco. It is the most profitable company on the earth. Since it is the most powerful oil company, it has a great impact on the world economy. As a result, a strong international relationship was built with the Kingdom of Saudi Arabia. In addition, the strong developing of international relationship with other industrial countries resulted in massive contributions to the politics, economy, and many different aspects. In 1933, Saudi government bestowed oil concession to California Arabian Standard Oil Company (Chevron). The main factor for this grant was to explore the oil in the eastern region of the Kingdom of Saudi Arabia. After discovering a huge amount of oil, part of the grant was sold to other American oil companies in order to cooperate with each other to do more exploration and to deal with such a big job. In 1948, all these American companies were incorporated into Arabian American Oil Company (Aramco) shared 50% of its profits with Saudi government. Furthermore, the company’s shares had been acquiring by Saudi government to gain 100% of its ownership. In 1988, the name changed to Saudi Aramco. The Headquarter of Saudi Aramoc is located in Dhahran, a city in eastern region of Saudi Arabia. Saudi Aramco produces 10 million barrels of oil each day. The history of Saudi Aramco went through three major periods: exploring oil, interconnecting with the USA, and contributing to other many universal events.
The Kingdom of Saudi Arabia is a petrostate. It is a petrostate in the sense that the oil sector dominates the national economy and international exports. (Colgan 226) This is due to Saudi Arabia’s one crop economy, oil. (Ali 100) Oil accounts for 70-80% of the state revenue as well as roughly 95% of export revenues. Before the discovery of oil in the 1930s, the economy rested on Islamic pilgrims. Containing the Grand Mosque, Al-Masjid al-Haram, Saudi Arabia gets a large influx of believers every year for the Hajj, one of the Five Pillars of Islam. During this time of year, income was made by food and shelter sold to the travelers. This was enough to support the state, but not enough to make it the monetary power it is today. What allowed for Saudi Arabia’s climb in the world economic ladder was oil. Oil has been a valuable industrial resource since the beginning of World War 1. Since then the demand for oil has progressively become higher and higher amongst industrial nations, allowing for oil rich states to receive large amounts of affluence. Among these oil rich states is Saudi Arabia, the region with the highest capacity for oil production out of the entire Middle East. From their remarkably high oil production, Saudi Arabia was able to gain considerable amounts of wealth and political significance. Oil in Saudi Arabia politically affected the Saudi government in both their foreign and domestic policy by providing economic power, the ability to fund wars, the ability to use economic diplomacy.
Philippines are the major producer of copra oil with a quantity of 1.45 million tonnes followed by Indonesia with 0.98 million tonnes and India with 0.45 million tonnes. Philippines, Indonesia and India are the major producer of copra oilseed. Philippines, Indonesia and Malaysia are major exporters of copra oil whereas EU-27 and United States are major
...based energy system at the expenses of energy resources. The complex geopolitics required Indonesia maintaining a relative stable international relationships with its allies by long-term energy supply. Through multilateral cooperation, Indonesia can easily upgrading its energy industry by setting up hydro plants and thermal plants instead of its coal plants. Importing equipment and hiring skillful experts from advanced country contributes to Indonesia auto research and management innovation in energy sector. An improvement in energy producing efficiency can great alleviate energy poverty and cut carbon dioxide emissions and to some extent better management in energy consumption.