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From crude oil to petroleum: the core of the global energy supply chain

Crude oil and petroleum are the foundation of the global economy and connect all aspects of modern development. However, faced with environmental pressure and the challenges of energy transformation, the industry must accelerate its move towards sustainability.

 

Crude oil

Crude oil is a naturally occurring liquid petroleum product composed primarily of hydrocarbons and other organic substances. These organic substances come from the remains of animals and plants millions of years ago. After a long period of geological action, they were buried underground and gradually transformed into crude oil due to the influence of high temperature and high pressure. Crude oil is a non-renewable resource, meaning it is formed at a much lower rate than humans can extract it, and is therefore considered a finite resource. 

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Petroleum

● Petroleum is the general term for various products obtained after crude oil is refined

● It includes various finished oil products such as gasoline, diesel, asphalt, petrochemical raw materials, etc.

● Petroleum is obtained by separating and processing the components of crude oil through the refining process to meet different industrial and consumer needs

Key differences between crude oil and petroleum

 

Crude oil

Petroleum

State

Natural state, unprocessed A variety of products obtained after processing

Source

Direct extraction from underground reservoirs or the seabed From the refining and separation of crude oil

Element

A complex mixture containing many unseparated compounds Refined single product or combination of ingredients

Use

As raw materials, it needs to be processed before use Directly used in fuel, chemical, lubrication and other fields

 

Future trends

(1) Energy diversification and low-carbon development

Although oil will still play a dominant role in the coming decades, the rapid development of new energy is changing the industry structure. The hybrid energy model (oil + renewable energy) will become the mainstream in the future.

 

(2) Circular Economy and Green Petrochemicals

The oil industry is transforming towards a circular economy by improving resource utilization and developing environmentally friendly petrochemical products. This will not only reduce waste but also create more economic value for the industry.

 

Advanced technology and equipment are the key to ensuring efficient flow of energy. As a professional supplier of offshore oil hose, CDSR provides reliable guarantees for offshore oil transportation with its technological innovation and high-quality products. CDSR oil hoses are suitable for FPSO, SPM, and complex offshore oil and gas operating environments. CDSR is committed to supporting the sustainable development of the global energy industry. 


Date: 19 Dec 2024