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● Alaska Beckons, Trump’s Korean Lure

Latest Oil & LNG Project Innovations, Changes in Energy Hegemony, and Impact on the Global Economy

Historical Background and Origins of the Oil Industry

Summarizes the process from the first introduction of oil in human history to today’s energy market.
Explains the early uses of oil, such as the pitch used in the construction of Noah’s Ark in the Bible and its use as an adhesive and preservative in the Middle East and Egypt.
Examines how the concept of historical oil fields was formed through Marco Polo’s travel records, including Baku, Azerbaijan.

Oil Extraction & Refining Technologies and Industrial Development Process

Chronologically organizes the history of the oil industry’s development since the mass production began in 1859 with the digging of wells in a modern way in the United States.
Explains how Rockefeller founded Standard Oil to solve the problems of kerosene and other fuels’ quality during the classification of oil by weight and the refining process, and the process of dominating the refining market in the United States.
Emphasizes that the anti-monopoly measures by the U.S. government led to the creation and reorganization of major companies such as Exxon Mobil and Chevron.

LNG Projects and Changes in the Investment Environment

Details the progress of LNG projects that attempted to revive during the Trump era, inviting overseas companies from Korea, Japan, and Taiwan.
The project, led by private companies through acquisitions by U.S. companies, is evaluated as an example of possessing long-term economic viability beyond short-term profitability issues.
Analyzes the reasons and strategies why Korean companies should seek opportunities to participate in equity in various fields such as infrastructure, pipelines, and liquefaction terminals.

Environmental Regulations and Development of CCS·CCUS Technology

Explains the gas emission issues arising from the oil and LNG development process and the background and development path of technologies to control them, namely carbon capture and storage (CCS) technology.
Introduces examples of gas leaks and burn-offs from oil fields in the past and efforts to reduce carbon emissions through ground storage and CCUS technology under current environmental regulations.
Using the Alaska LNG project as an example, summarizes the ripple effects of natural gas utilization and carbon dioxide capture technology on the overall energy industry.

Investment Strategies and Future Prospects

Emphasizes that LNG and the oil industry are long-term profitable investment destinations despite environmental issues and regulations.
Explains the necessity for companies to expand infrastructure construction and equity participation according to U.S. private investment, global economic trends, and changes in energy policies.
Expects unprecedented expansion of the oil industry and LNG projects through the latest technologies and investment strategies, and forecasts the possibility of convergence between the global economy and the energy industry accordingly.

< Summary >
Details the background of the recent re-ignition of oil and LNG projects through historical facts, technological advancements, and U.S. and international investment trends.
From the perspective of a resource development expert, explains the entire process in chronological order, from the early records of the oil industry to the innovation of refining technology, Rockefeller's management strategy, the LNG projects revived during the Trump era, and CCUS technology amid environmental regulations.
Provides in-depth analysis of investment strategies and future prospects, focusing on key SEO keywords such as the global economy, energy policy, oil industry, LNG projects, and CCS technology.

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*YouTube Source: [와이스트릿 – 지식과 자산의 복리효과]

– 트럼프가 한국 기업을 알래스카로 끌어들이려는 이유 / 양수영 전 한국석유공사 사장 (1부)