Assignment #3: Production and Operations Management Marathon Oil – Case Study November 10.2010 BUS 508: The Business Enterprise Explain one possible option that Marathon could take to reduce the time involved in the production process. Oil refineries are huge sized plants‚ processing an average of a hundred thousand to several hundred thousand barrels of crude oil a day. Using process optimization‚ Marathon could reduce the time involved in the production process. The goal is to maximize
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1 1.1 VEGETABLE OIL REFINERY Introduction Vegetable oil and fat resources are indispensable to mankind as a source of nutrient and industrial raw materials. Crude vegetable oil obtained from various oil milling units is further refined before use for edible purposes. Refined edible oil is a process where free fatty acids are volatized‚ condensed and recovered simultaneously with vacuum de-colouring operation. Sometimes‚ refining process is limited to simple physical treatment such as heating
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Indian Oil Corporation Ltd. An Internship Report Giselle Charisma Sequeira SSN: 889-94-0978 In Partial Fulfillment of the Master’s Program in Business Administration‚ Ohio University‚ Athens‚ USA OHIO University Christ College Academy for Management Education Christ College Campus‚ Hosur Road‚ Bangalore-29 April 2007 ACKNOWLEDGEMENTS Completing a task is never a solo effort. It is often the result of invaluable contributions by a number of individuals in a direct or indirect manner‚ which
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For recent two years‚ under the affection of the promotion of new fuel standard‚ the oil refiner use large of the heavy and inferior raw materials‚ the expansion of oil refining capacity and other factors‚ the oil refining catalyst has strong growth momentum. In 2013‚ the global oil refining catalyst market scale reached USD 3.13 billion with the average annual growth of 2%. Among that‚ the hydrogenation catalyst had the scale of USD 1.066 billion with the average annual growth of 2.36%; the FCC
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(UP) INDIA November‚ 2012 Declaration I hereby declare that this project report entitled “Study of Market Performance of SERVO Lubricants in Fleet Segment within Guwahati Area” is the result of 8 weeks summer internship done by me at Indian Oil Corporation Limited‚ Guwahati under the guidance of Mr. S. Sarma‚ Dy.Manager (Technical Service)‚ NEISO‚ IOCL Guwahati. This is to further declare that this project report is authentic and not submitted by any other student previously. I also confirm
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Europe Oil and Gas Industry Research Guide from Researcher is a comprehensive handbook on Europe oil and gas markets. The report analyzes in detail 29 markets in the region along their complete oil and gas value chain. Country wise forecasts of over 16 parameters including oil‚ gas‚ gasoline‚ diesel‚ LPG‚ fuel oil‚ LNG consumption and production in addition to GDP and Population forecasts are provided. Further‚ country wise details of exploration blocks‚ licensing rounds‚ refining capacity‚ coking
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Michael Porter five force analysis for Essar Oil Limited Threat of new entrant Oil and Gas is a highly capital intensive sector. Huge investments and long gestation periods characterize every component of the value chain right from exploration and production to refining to retailing. The investment required runs into billions of dollars. The oil prices are also quite volatile and the industry also faces high geo-political risk. Taking these factors into consideration the entry barriers are quite
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Total quality management implementation in oil refining industry Firstly I will give a brief summary of what quality management is. Quality management is an ongoing process within a business to continually improve quality and meet the needs and requirements of its customers. Quality management is not a procedure or something that can be installed by manual. It is an ongoing process‚ which involves every level of employee in the organisation‚ from the cleaners to the senior management. The most
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Reliance India Limited‚ Jamnagar The Jamnagar Refinery is a private sector crude oil refinery owned by Reliance Industries in Jamnagar‚ Gujarat‚ India. The refinery was commissioned on July 14‚ 1999 with an installed capacity of 668‚000 barrels per day (106‚200 m3/d). It is currently the largest refinery in the world. It comprises of a petroleum refinery and associated petrochemical plants. The refinery is equipped to refine various types of crude oil (sour crude‚ sweet crude or a mixture of both)
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