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What is black gold? Why is Oil called "Black Gold"?

Black gold Also known as petroleum, is one of the precious fuels for investment and exploitation today. To understand in more detail what black gold is, the composition as well as the extraction process of this type of oil and gas, please take a look at the article Banktop summarized below.


What is black gold?


Black gold is a viscous liquid with a characteristic black color, it is also known as petroleum. Black gold contains mainly hydrocarbons in the form of solid, liquid and gas.


What is black gold?
What is black gold?

The finished product is made from black gold


Through black gold, people can combine with many different types of fuel to meet and serve the needs of daily life such as:



  • Diesel Oil: From 250°C – 350°C

  • Engine lubricating oil: From 300°C or more

  • Gasoline for aircraft: From 60°C – 100°C

  • Gasoline for automotive fuel: From 100°C – 150°C

  • Petrol Ether: From 40°C – 70°C

  • Black oil

  • Kerosene for home use: From 120°C-150°C

  • Kerosene used as common fuel: From 150°C-300°C


Find out how much is the price of a set of 18k yellow gold 7 pieces?


How is the black gold mining process?


The current black gold mining process is quite complicated through the search and exploration to exploit deep underground holes. To do this, people will start drilling holes deep into the geological layer.


When drilling down to the liquid oil layer encounters high pressure, the oil system will automatically spray on the surface. And when the amount of oil decreases, the pressure to reduce the amount of oil will also decrease. To perform this stage, people will put the pump and suck up the oil.


The amount of oil absorbed will be brought back to be exploited, screened, distilled to create final products for daily life, business, industry, etc.


In other countries such as Russia, the United States, and the Middle East, drilling for oil wells is easy because it is located on land and shallow. And the cost to conduct mining will also be lower. In contrast, in some other countries, the mining of black gold is carried out in the ocean, the stages are even more difficult.


Why is oil called the black gold of the world?


It can be seen that in today's life, equipment, machinery, and moving vehicles all need and use oil to maintain operations. Petroleum is considered as a must-have energy source in human life and activities. It is like gold and silver and everyone wants to have and use it to meet personal and family needs.


Black gold is a feature of nature, it is available in the ground thousands of years ago and has been exploited by us until now. Exploiting oil or black gold is not easy and is also limited in terms of movement.


Why is oil called the black gold of the world?
Why is oil called the black gold of the world?

In addition, regular oil extraction will also significantly reduce this energy source, affecting the natural environment, vegetation, etc. To improve this, we humans should improve and find alternative energy sources to oil. Help limit the exploitation and environmental destruction of the whole World.


What energy can replace oil?


Knowing the difficulties that the oil field is currently facing, scientific researchers have developed new fuels that help to regenerate and replace part of petroleum fuel.


Specifically, the fuels being studied are:



  • Wind power, wind energy: A type of energy taken from wind power.

  • Hydrogen fuel for vehicles.

  • Ocean thermal energy conversion (OTEC).

  • Use electricity to replace gasoline used as a means of transportation.

  • Utilize solar energy, nuclear energy, etc.


Situation of black gold (oil) mining in Vietnam


The current situation of black gold (oil) exploitation in Vietnam is decreasing over the years. The exploitation of oil fields in our country took place quite early since 1986, after many years of exploitation, the amount of oil gradually exhausted, the additional source for annual exploitation was also more limited.


In order to improve this situation, the Vietnam Oil and Gas Group also had timely solutions to drill additional thick knitted wells. To contribute to the overall output of the mines. Accompanied by the improvement and optimization of the well drilling system, advanced equipment to promote better and more efficient exploitation.


For oil fields located in the sea, the exploitation also causes more difficulties and hardships. Accompanied by risks of geology, machinery, weather conditions, etc.. Causing a decrease in mining output not as planned.


Conclude


Thus, the article on Banktop has compiled for you the most complete information about what is black gold, how is the extraction process, etc. To give you the best overview of the oil and gas sector in our country. At the same time, we can also know how important oil is in today's life.


Information edited by Banktop.vn


































































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Diệp Quân
Nguyen Manh Cuong is the author and founder of the vmwareplayerfree blog. With over 14 years of experience in Online Marketing, he now runs a number of successful websites, and occasionally shares his experience & knowledge on this blog.
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