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The petroleum industry is unique: it is an industry without which modern civilization would collapse. Despite the advances in alternative energy, petroleum’s role is still central. Petroleum still drives economics, geopolitics, and sometimes war. The history of petroleum is, to some measure, the history of the modern world. This book represents a concise but complete one-volume reference on the history of the petroleum industry from pre-modern times to the present day, covering all aspects of business, technology, and geopolitics. The book also presents an analysis of the future of petroleum, and a highly useful set of statistical graphs. Anyone interested in the history, status, and outlook for petroleum will find this book a uniquely valuable first place to look. This new second edition incorporates all the revolutionary changes in the petroleum landscape since the first edition was published, including the boom in extraction of oil and gas from shale formations using techniques such as fracking and horizontal drilling. This second edition of Historical Dictionary of the Petroleum Industry contains a chronology, an introduction, appendixes, and an extensive bibliography. The dictionary section has over 500 cross-referenced entries on companies, people, events, technologies, countries, provinces, cities, and regions related to the history of the world’s petroleum industry. This book is an excellent resource for students, researchers, and anyone wanting to know more about the petroleum industry.
The nineteenth century was an exciting and dynamic era of rapid progress in industry and technology. One of the most vigorous of the new industries was petroleum. It first transformed the way people lit their houses, displacing whale oil and other substitutes, and then revolutionized the entire field of energy and helped create the modern world. During the nineteenth century, oil was overwhelmingly dominated by the United States and the Russian Empire, together responsible for 97% of the world’s production; and over the course of the century, nearly all the Russian Empire’s oil came from the territory that is now the independent state of Azerbaijan. Many people don’t know that the world’s first industrial oil well was drilled in Azerbaijan in 1846, thirteen years before Drake’s celebrated well in Pennsylvania. This book covers oil in the United States and Azerbaijan, in all its dynamism, from its earliest beginnings to the turn of the twentieth century. It treats both business and technology, from the early wildcatters to Standard Oil and the Nobel Brothers (yes, that remarkable family created more than a famous prize!). The book echoes into the present day; for good or ill, oil still moves the world.