Abstract

Petroleum & Environmental Biotechnology

Author(s): Gloria Simmons

It is clear that fossil fuels, such as petroleum, will continue to contribute a significant portion of the global energy portfolio in the coming decades. Global oil demand is expected to rise to 123 million barrels per day by 2025, according to the US Energy Information Administration. As a result, oil production and refining activities are constantly expanding to keep up with the rapid rise in global energy demand.