WHAT IS OIL?
Oil is a fossil fuel. Most of the oil extracted today has been formed from prehistoric organisms whose remains settled at the bottoms of oceans and lakes millions of years ago. As layers of sediment covered them, the pressure on them increased which in turn increased the temperature. This process changed their chemical composition, eventually transforming them into crude oil. Crude oil, commonly known as petroleum, is a liquid found within the Earth comprised of hydrocarbons, organic compounds and small amounts of metal. While hydrocarbons are usually the primary component of crude oil, their composition can vary from 50%-97% depending on the type of crude oil and how it is extracted. Organic compounds like nitrogen, oxygen, and sulfur typically make-up between 6%-10% of crude oil while metals such as copper, nickel, vanadium and iron account for less than 1% of the total composition.
Oil has been produced commercially and refined since the 1850s.
Since the discovery of OIL and is potential, it has become the world’s most important fuel. OIL underpins our growing standard of living and is the crucial element to allow the required modern convenience and freedom of movement. OIL remains the most critical part required for all transport systems.
Through refining – OIL products and By-Products are used for
• Transport Fuels – Petrol, Diesel & Jet Fuel
• Heating Oils – Kerosene
• Lubricants – Engine Oils, Gearbox etc….
• Manufacturing of Paints, Plastics, etc…
• Food Production
• Pesticides, Fertilizers
• Cosmetics