downstream sector encompasses the refining‚ storage‚ distribution and marketing of petroleum products: • Refining Process: Crude oil is processed and refined into more useful products; • Storage: The products from the refining process are stored at depots via pipeline‚ land (trucks & rail) and sea (barge/vessel). These storage facilities are also called tank farms or terminals • Distribution and Marketing: Petroleum products are distributed from storage locations to the end-user directly or through
Premium Petroleum
Master of Business Administration Topic-The Indian Petroleum Industry International Business & Trade Operations Management Module BM6913 Module Leader-Enda Murphy Paul Taffee Submitted by-Charles Daniel-17387781 Abhishek Pathy-1716093 Sarthak Das-1749108 Introduction to the Petroleum Industry. The petroleum industry includes the processes of refining‚ extraction‚ refining‚ transporting (often by the oil tankers and pipelines)‚ and marketing them. The larges t volume
Premium Petroleum
A Report On Castrol India Ltd.‚ Mumbai Assignment: Supply Chain Executive Summary Castrol India LTD. Castrol India Limited is a Public Limited Company with 70.92% of the equity held by Castrol Limited UK (part of BP Group).From a minor oil company‚ with a share of about 6% in 1991‚ Castrol India has grown to become the second largest lubricant company in India with a market share of around
Premium Petroleum Supply chain management Supply and demand
CGE526 – PETROLEUM GEOLOGY Geology Geology is basically the science which is related to the study of the origin of the Earth including the history and its life‚ the materials that made it up‚ the structure of the materials and the processes acted upon them. It also deals with the study of the organisms that have inhabited the planet and the structure of a specific region of the Earth involving the rocks‚ soils‚ mountains‚ fossils and other features. The word geology was first known used in
Premium Geology Geomorphology Geography
MEMORANDUM TO: Board of Directors‚ British Petroleum FROM: RE: Impact of On the Job Training DATE: February 10‚ 2013 INTRODUCTION Occupational Safety and Health is a major responsibility to all employers. It becomes more of a factor when the nature of the business involves hazardous materials and environments. In order to ensure that businesses are functioning properly and efficiently‚ it is imperative that companies are staffed with individuals who are trained properly in their occupation
Premium Occupational safety and health Safety Risk
Work Motivation Motivation at Norsk Petroleum SUBMITTED BY: S. L. REAMS MGT302 :: Org. Behavior and Teamwork Module 1 – Case Assignment Trident University 22 July 2013 The word motivation is derived from the Latin word “movere” which means “to move” and it is defined as an internal drive that activates behavior and gives it direction. Motivational theory looks at the processes that activate and direct human behavior and it can be divided into two categories‚ content
Premium Motivation Maslow's hierarchy of needs Human behavior
hints for completing this questionnaire | This objective of this questionnaire is to increase the public’s awareness about [Name of Company]’s new idea of introducing a metered petroleum gasoline distribution system to the Jamaican consumers and to obtain documentation of the publics opinion of the new system. The questionnaire should be completed by any resident aged 18 or over living at this address. Please read each question
Premium Petroleum Natural gas Hydrocarbon
Discussion: Continuous distillation‚ a form of distillation‚ is an ongoing separation in which a mixture is continuously (without interruption) fed into the process and separated fractions are removed continuously as output streams. A distillation is the separation or partial separation of a liquid feed mixture into components or fractions by selective boiling (or evaporation) and condensation. A distillation produces at least two output fractions. These fractions include at least one volatile
Premium Distillation
Can Petroleum Be Replaced? Today ’s world economy relies more than ever on a constant supply of petroleum to fuel a vast number of different vehicles and other applications. Everything from an internal combustion engine in a car to a furnace in a home use a petroleum product as the form of energy needed to make them function. With the burning of oil for energy comes the unwanted side-product of emissions such as carbon dioxide‚ which have now been proven to affect the Ozone and weather patterns
Premium Fuel cell
Revenue‚ Capex‚ Opex 3 Reserves 3 Sunk costs: 3 Opportunity Costs: 3 Royalty‚ Tax‚ Ring fencing 4 Types of Petroleum Fiscal Regimes 4 Net Cash Flow 4 Concessionary system vs. Production Sharing contracts 5 Going Internation – Bidding Process 5 Economic Modelling 6 Production Costs 7 Wildcat 7 What is the wild cat success ratio? And what are the considered factors? 7 Depreciation 8 Abandonment 8 Goodwill‚ Leases‚ Ringfencing 9 Volatility of Crude Oil 9 Volatility of Gas 10 Forecasting 10 Opportunity
Premium Net present value Cash flow Rate of return