technical newsletter 34 november 2016 petroleum refining and insurance part i crude oil refining a constantly evolving industry introduction th refining can be considered by many as a mature and ...
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...Technical newsletter november petroleum refining and insurance part i crude oil a constantly evolving industry introduction th can be considered by many as mature stable but it has changed drastically since the century adapting to its ever changing challenging environment insurers have had follow this transformation adapt their way of underwriting these risks takes us on journey travel in beginning was interest refiners is that been known used various ways adhesives flaming projectiles get up early work late boat coating lighting ancient times first users strike john d rockefeller s were located middle east egypt babylon mesopotamia persia china recipe for success types oils are produced around world main components primarily hydrocarbons sulfur tan good indicators potential corrosion differentiated properties most important which problems therefore boiling temperature allows primary separation distillation see figure today still source energy with vs coal gas according bp statistical ...