Introduction
Petron Malaysia is part of the rising and rapidly evolving Asian oil company in the Philippines, Petron Corporation. Malaysia’s dynamic and effective market with the achievement of ExxonMobil’s businesses in March 2012 had attracted Petron Corporation to join them. Petron subsidiaries in Malaysia consist of Petron Malaysia Refining & Marketing Bhd (“PMRMB”), Petron Fuel International Sdn. Bhd., a public company listed on the Main Board of Bursa Malaysia Securities Berhad, and Petron Oil (M) Sdn. Bhd.
A wide range of petroleum products which include gasoline, diesel, liquefied petroleum gas (LPG) and aviation fuel is produced by Petron Port Dickson Refinery (PDR), which has a rated capacity of 88,000 barrels per day and operated by Petron Malaysia Refining & Marketing Bhd. Petron subsidiaries in Malaysia has eleven strategically-located depots and terminals to distribute their world-class fuels. Therefore, they are able to ensure a continuous and dependable supply of quality fuels to their various customers through this potent distribution network.
Moreover, Petron Malaysia is determined in making the journeys safe with their top-of-the line fuels, Blaze 100RON Euro 4M, Blaze 97RON Euro 4M, Blaze 95RON, Turbo Diesel Euro 5 and Diesel Max. A one-stop service
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The survey was opened for all Malaysians aged above 18 years old who have been to PETRON to refuel for at least once. Through this survey, we have received 115 responses and the respondents came from different states, genders and ages. We managed to receive useful information through the questionnaire, such as how often did they visit the particular petrol station, which petrol station would they prefer if their first choice was not PETRON, which type of fuel would they normally use, were they satisfied with the service provided by PETRON, and what are the main reasons they would prefer its
BP is mainly engaged in the production and marketing of all types of energy products including oil, gas, and petroleum. It discovers the energy resources in potential geographical locations and uses them in its production units to bring the refined energy products for the general consumers. The production units of BP are present in more than 30 countries while the distribution of the finished products is done in around 90 countries in all the corners of the world. The company has a large scale operations related to refining of petroleum and oil products. It also has a large supply chain network spread in all the major geographical regions of the world which is responsible to deliver
Even though the many different modes of transportation are crucial for survival, what happens behind the scenes is the most important attribute in keeping millions of vehicles and all of the world’s population running smoothly everyday, all day. This priceless and valuable commodity is what is commonly referred to as crude oil, and after several steps of refining, useable petroleum products emerge. (How Stuff Works, 2016)
Valero possesses a vast amount of different raw materials, allowing for it to produce many different types of fuel such as gasoline, diesel, kerosene, and several others. Every day it produces at least thirty-five thousand barrels of gasoline, a seemingly insane amount to me because the refinery covers just seven hundred twenty-two acres, and uses only certain
Pacific Oil is a company that supplies crude oil to the various industries in North American and Europe via their pipeline system. Reliant Chemical is a chemical refining company that produces a form of plastic and utilizes petroleum from Pacific Oil to produce their plastic. The two companies had a long-standing business relationship since their first contract in 1979. Currently, the company's agreement still has two years remaining, but the two companies are entering into negotiations for the renewed contract. Pacific Oil assumes it will be a standard contract negotiation; however, Reliant Chemical has other plans due to the instability of the plastic market.
“Gasoline was not invented; it is a naturally made product that petroleum industry has taken over, kerosene being the principal product. Gasoline goes through a process called “distillation”, volatile is separated, more valuable fractions of crude petroleum” (Bellis History of Gasoline 1997). However, what was done was all the new ways and numerous forms of processes
The BP Amoco group stands out as a complete provider of energy and petrochemicals. Every day they serve millions of customers with products to the quality of their lives – fuel for transport, energy for heat and light, solar power, and petrochemicals for plastics, fibres and fabrics. Explorers from Amoco and BP have led the way in finding the world’s giant oil and gas fields and getting energy to the world’s marketplace. According to Larry Fuller and Peter Sutherland, co-chairmen, the meeting the demand of energy calls for a blend of outstanding human and technical skills, sophisticated global organization and two-way relationships with local communities, customers, contractors, partners, government and employees. BP Amoco’s aim is to be successful in everything they do by
Diesel is denser than petrol so does not evaporate as easily so is safer in accidents.
Petroleo Brasileiro S.A or Petrobras, is a Semi-Publique Brazilian Multinational Corporation of energy, whose headquarter is in Rio de Janeiro. Petrobras was born in 1953, by then president Getuilo Vargas, on behalf of the union to take in charge of the oil sector. While its installation was done in 1954 with production of 2663 barrels of oil. Also 54% or Brazil consumption was done by oil in 1954.The Company is huge in the Southern Hemisphere as a total market value and the Research Center is largest in Latin America, which is in constant growth. (wikipedia.com, n.d.)
Creating a fleet of Alternative fuel vehicles for Lotus rental cars would be a very wise decision. There is a strong movement towards using alternative fuels for many reasons. The consumers are now motivated to drive vehicles that not only protect the environment, but also save money. More and more car manufactures are providing vehicles that use alternative fuels or “Flex” fuels. This movement in the market place is gaining momentum. It would be wise for Lotus to lead this market by providing this service to the consumer.
Their Commercial fuels and lubrications divisions’ sells diesel, lubrications, illuminated paraffin, bitumen and heavy fuel furnace fuels directly to end user in the transport, construction, manufacturing, mining, marine, agriculture and general customer markets.
Petrobras is an oil based company located in Brazil. The case encompasses about the bribery scam which involved Petrobras the giant oil based company. On April 2014 Petrobras had to adjust their financial statement and when the statement was released the company faced heavy losses because of corruption of an estimated losses of 6.2billion$. Investors were now losing hopes on Petrobras and this was a bad news for Petrobras once considered one of the top listed oil company because of its huge offshore reserves , Petrobras is reeling from allegations that former executives and contractors conspired with politicians to extract kickbacks and bribes from the company.
DRB-HICOM Berhad is an investment holding company listed on the Main Market of Bursa Malaysia. The group involves in the automotive, service and property industries, among which include Pos Malaysia (postal services), Bank Muamalat (financial services) and Uni Asia (insurance services). With the acquisition of Proton Holdings Berhad (PHB), the national car maker in 2012, the automotive sector continues to be the Group’s major revenue contributor.
Bharat Petroleum Corporation Ltd. is an Indian state-controlled oil and gas company headquartered in Mumbai, Maharashtra. Bharat Petroleum offers a full range of Automotive Engine Oils, Gear Oils, Transmission oils, Specialty Oils and Greases. BPCL has a gamut of products under the category of lubricants targeted towards the different set of customers based upon their usage
The Johor refinery will be bigger than the combined capacity of Petronas’s existing facilities in Melaka and Kerteh, Najib said. It will produce refined petroleum products such as gasoline, jet fuel and diesel for local use and export, he said.
Significant oil companies such as Sonatrac was founded and became immersed in LNG production and transportation. Along with Exxon, Shell, and Burma Oil who became profoundly involved (Kennedy). As refineries were built in the nineteen sixties, the growth of LPG expanded. The regional business had its own structure for distribution and sale. During the oil crisis of nineteen seventy-three, many countries built liquid recovery plants when they realized LPG is a significant product. The expansion within the middle east of LPG production expanded tremendously between nineteen seventy-five and nineteen eighty-five topping out at thirty million tons by nineteen eighty-five. By nineteen eighty, exportation of LPG went worldwide (History of LPG).