The worldwide demand for energy has been constantly increasing for decades. In 2011, according to the estimates of the "BP Statistical Review of World Energy" the demand stood at 12.3 billion tonnes of oil units (TOE) and therefore about approx. 4.2 billion TOE or around 50 percent higher than in 1995.
Despite all endeavours to increase the share of renewableenergy, the majority of energy will be obtained from and continue to be obtained from fossil fuels. Even according to the optimistic scenarios of the International Energy Agency, in 2035 nearly two thirds of the worldwide energy requirements will be obtained from crude oil, natural gas and coal. And in any case, because of the ever increasing consumption, the absolute quantities of oil and gas in particular will increase.
Petroleum has mostly been recovered by oil drilling (natural petroleum springs are rare). Drilling is carried out after studies of structural geology (at the reservoir scale), sedimentary basin analysis, and reservoir characterization (mainly in terms of the porosity and permeability of geologic reservoir structures) have been completed. It is refined and separated, most easily by distillation, into a large number of consumer products, from gasoline (petrol) and kerosene to asphalt and chemical reagents used to make plastics and pharmaceuticals. Petroleum is used in manufacturing a wide variety of materials, and it is estimated that the world consumes about 95 million barrels each day.
Secure a lucrative monthly income for yourself with a crude oil investment and you profit from the industry in a different way.
Star Oil Production GmbH
Boschstraße 23a
D-22761 Hamburg
Phone +49 40 - 257 674 470
info@staroilproduction.de
Managing Director
Thomas Ruf
Authorized Signatory
Andreas Kay Tichy
Registered
District Court of Hamburg
HRB 138286
VAT identification number
DE 303770759
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