possible recommendations that can be used to make the operations in the refineries more proficient. FACT SUMMARY The refineries of British Petroleum (BP) have been recently come under serious scrutiny as a
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| ANALYSIS ON THE CEMENT INDUSTRY IN PAKISTAN | Managerial Economics | | Javeria Siddiqui & Mohammed Tallal | 12/17/2011 | | TABLE OF CONTENTS STUDY OBJECTIVES & HYPOTHESES 3 METHODOLOGY 3 HISTORICAL OVERVIEW 4 INDUSTRY ANALYSIS * Market Structure 5 * Growth Trends & Expansion Cycles 8 * Factors Affecting Growth 10 FUTURE OUTLOOK 12 CONCLUSION 12 APPENDIX 1 – Herfindahl Calculation 13
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Energy of India‚ IndianOil closed the year 2011-12 with a sales turnover of Rs. 4‚09‚957 crore ($ 85‚550 million) and profits of Rs. 3‚955 crore ($ 825 million). At IndianOil‚ operations are strategically structured along business verticals - Refineries‚ Pipelines‚ Marketing‚ R&D Centre and Business Development – E&P‚ Petrochemicals and Natural Gas. To achieve the next level of growth‚ IndianOil is currently forging ahead on a well laid-out road map through vertical integration— upstream
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By: Mr. Anees Khattak Prepared By: Muhammad Adnan Reg # fa09-mba-22 Mailing Add: H. # BXII/133 Near Power House‚ Attock City Mob # 0313-5414925 Tel: 057-2603458 E-mail muhammadadnan22@ymail.com Department of Management Sciences COMSATS Institute Information Technology Attock Campus DEDICATION “I dedicate this work of mine to my Teachers‚ My Parents and to all My Friends‚ who truly help and guide me in completing
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An oil refinery is located on the north bank of a straight river that is 2 km wide. A pipeline is to be constructed from the refinery to storage tanks located on the south bank of the river 6 km east of the refinery. The cost of laying pipe is $200‚000 per km over land to a point P on the north bank and $400‚000 per km under the river to the tanks. To minimize the cost of the pipeline‚ how far from the refinery should P be located? (Round your answer to two decimal places.) 1 year ago Report Abuse
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5 Describe the economic history of the crude oil refining sector in T&T from its birth to its present status. What was the impact of US tax legislation on this sector? How did the IADB loan revamp the refinery in Petrotrin in 1993? Why was the refinery in Point Fortin closed? Why does the refinery operate at suboptimal capacity? Is the Moraven agreement still active? Outline the prospects for growth in the next decade for the oil refining and gas refining subsectors of the petroleum sector of the
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time where refinery margins began shrinking. This increased productivity led to lower operating costs for the company. As a result of this increase in productivity BP executives decided to implement the Lima innovations around the world. This shows that Lima has been a leader in refinery innovation and has contributed greatly to the success of BP. The second argument as to why the plant should remain open is the obligation to the local community. The city not only relies on the refinery for 500 jobs
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The refinery pipelines and transportation assets that are needed to supply fuel in the northern United States are also included in this deal. The potential pitfall with this business venture is that refineries are an unprofitable business. Indeed‚ this is the reason no new refineries are being built. Delta’s management also estimated it would take an additional US$100 million to modify this refinery for processing jet fuel. However‚ a potential benefit
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OMEGA: An Improved Gasoline Blending System for Texaco MGMT 372 Blending gasoline is a critical refinery operation. Texaco implemented the system‚ OMEGA‚ in 1980 on personal and large computer systems. Computers were being installed at Texaco refineries in 1960’s and were mostly used for accounting purposes‚ data acquisition‚ process control‚ and refinery modeling. At this time‚ compositions of gasoline blending were being developed by trial and error‚ experience‚ and average response tables
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86‚500 bbl/d refinery into an import terminal in 2003 and now operates as a plain marketing and distributing company under the name “Chevron”‚ but maintains its Caltex brand. Philippine National Oil Company (PNOC)‚ a state-owned company‚ and Saudi Aramco jointly own Petron; each with a 40 percent stake while the public holds the remaining 20 percent share. Petron operates an 180‚000 bbl/d refinery and over 1‚200 gasoline stations nationwide; Pilipinas Shell has a 110‚000 bbl/d refinery and about 800
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