1. INTRODUCTION TO THE INDUSTRY
Oilrefining business began commercial operation of its 1st oilrefinery. It has expanded facilities on two occasions, and today, oilrefining business is a refining capacity of almost 580,000 barrels/day and keeping pace with such achievements, the common oilrefining business operates light oil desulfurizing facilities and gasoline manufacturing facilities. Oil
PETROLEUM REFINING
PETROLEUM REFINING IS THE PHYSICAL, THERMAL AND CHEMICAL SEPARATION OF CRUDE OIL INTO ITS MAJOR DISTILLATION FRACTIONS WHICH ARE THEN FURTHER PROCESSED THROUGH A SERIES OF SEPARATION AND CONVERSION STEPS INTO FINISHED PETROLEUM PRODUCTS.
ISSUES OF THE INDUSTRY
OIL PRICE INCREASED RAPIDLY
-> DID NOT REFLECT THIS PRICE
TO THE PRODUCTS
EXCHANGE RATE ALSO WENT
1. Development of petroleum
Demand is increasing.
Reduce risk of dependence on Middle East.
Development of petroleum
Up stream
Development
Drilling
Production
Down stream
Transportation
Oilrefining
Sale/Market
refining method using charcoal made of naturally grown bamboo,” JINRO set a new record by selling 10 billion bottles in the shortest period of time for the first time in Korea. The same technological strength redefined JINRO’s product quality with CHAMISUL FRESH with 19.8% alcohol content by incorporating the BCA (Bamboo Charcoal Agitation) method and integrating the system into the process.
3.2.The first product (2007 - present)
3.2.1.Main article: Mastretta MXT
Mastretta (est. 1989) first announced production of their MXT through Automóvil Panamericano magazine in May 2007. Even though up to a year will have passed, September 2008 will see the production version of the first ever fully Mexican designed and engineered serial-produced sports car, the Mastretta MXT, an automo
One of the leading companies in the Brazilian cosmetic, fragrance and toiletry industry.
The company is established in Brazil, Chile, Peru, Bolivia, Argentina, Mexico, Colombia, Venezuela and in Paris.
Values of the Brand : Social responsibility & Sustainability
“ Well being with oneself, with others, with the environment and with the world as a whole”.
When it launched Ekos produc
Chart 4. is a graph that shows 7 foreign and domestic oilrefining companies's Financial Leverage percentage.
Royal dutch shell and Chevron show more attractive ratios than other companies.
Financial Leverage percentage is related to ROE and ROA, so the graph’s shape is so similar. BP shows very high percentages for 3 years, but it keeps decreasing. And that difference is getting bigger and
oil)는 유전에서 자연적으로 산출되는 액체상태의 탄화수소를 말하며, NGL(Natural Gas Liquid) 또는 컨덴세이트(condensate)가 원유에 포함됨
– 석유를 정제공정을 거쳐 각각 이용목적에 따라 만들어진 여러 가지 제품을 석유 제품이라 함
원유 가격 형성 배경
황함량이 낮고 비중이 낮을수록 원유 가격이
[ Introduction ]
Ⅰ. Need Of Alternative Energy
The need for alternative energy sources is getting urgent, hence the development of renewable energy is moving fast. Nationally and internationally various individuals and research companies are creating new and exciting energy systems. Some of these apparatus are great works and need improving for massive use. Politician's world-wide are dra
1. What is the transportation industry??
1. Concept of transportation
Transport or transportation is the movement of people, animals and goods from one location to another. Modes of transport include air, rail, road, water, cable, pipeline, and space. The field can be divided into infrastructure, vehicles, and operations. Transport is important since it enables trade between peoples, which in