Contents TOC \o "1-3" \h \z \u Introduction PAGEREF _Toc386409319 \h 1Question 1: PAGEREF _Toc386409320 \h 2Question 2: PAGEREF _Toc386409321 \h 5Question 3: PAGEREF _Toc386409322 \h 7Question 4: PAGEREF _Toc386409323 \h 10QUESTION 5 PAGEREF _Toc386409324 \h 16Question 6 PAGEREF _Toc386409325 \h 18Conclusion PAGEREF _Toc386409326 \h 24Reference PAGEREF _Toc386409327 \h 25
IntroductionGEZ Bhd is a major oil company in Malaysia which was operated petrol stations under three basic concepts, namely Company Owned Station (COS), Partially Company Owned Station (PCOS) and Dealer Built Station (DBS). GEZ petrol station conducted two main businesses which are the fuel business and the convenience store business, known as SelesaMart. Under the
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2,037,072.00 SALES PRICE PER LITRE 1.80 2.05 1.80
TOTAL REVENUE 15,227,287.20 357,880.80 3,666,729.60 1,430,292.00 VARIABLE COST
PRODUCT COST(LITER) 1.6856 1.9356 1.7388 0.8000
CREDIT CARD SALES 0.0072 0.0082 0.0072 0.0040
PRODUCT LOSS (LITER) 0.0084 0.0097 0.0052
ROYALTY FEE 0.0500
TOTAL VARIABLE COST(LITER) 1.7012 1.9535 1.7512 0.8540
TOTAL VARIABLE COST 14,391,478.32 341,034.22 3,567,320.49 1,221,469.37 FIXED COST
SALARIES 185,691.92 7,502.00 44,754.08 4,547.00
UTILITY EXPENSES 35,550.00 900.00 8,550.00 30,000.00
RENTAL (equipment) 7,380.00
INSURANCE PREMIUM 1,411.90 35.74 339.57 132.78
STATIONERIES 1,764.88 44.68 424.46 165.97
TOTAL FIXED COST 224,418.70 8,482.42 54,068.11 42,225.75
PROFIT 611,390.18 8,364.16 45,341.00 166,596.88 BREAKEVEN ANALYSIS
BREAKEVEN POINT (UNITS) 2,271,442.91 87,900.72 1,107,953.07
BREAKEVEN POINT (RM) 4,088,597.24 180,196.48 1,994,315.53 (58,646.88)
Question 2:Since the margin ratio on fuel is very low (6%) compared to
TOC \h \z \u \t "Heading 2,1" Topic 1 Due by Wed Oct 2: PAGEREF _Toc368407018 \h 2Topic 2A Due by Wed Oct 4: PAGEREF _Toc368407019 \h 3P Argument: PAGEREF _Toc368407020 \h 6Rule of Law: PAGEREF _Toc368407021 \h 6Conclusion: PAGEREF _Toc368407022 \h 6References PAGEREF _Toc368407023 \h 8
The company ExxonMobil offers an interesting insight into the inner workings of an oil company because not more than fourteen years ago they were two separate and very successful companies both sitting at the top of the industry. In the year 1980 the two companies bolstered sales revenue that towards the top of their industry. Exxon with 103 million dollars worth of revenue was by far the most dominant beating out the closest competitor, which was Royal Dutch by over thirty million dollars. Mobil Oil was not nearly as dominant in revenue but still bolstered a respectable with 59.5 million dollars worth of profit placing them in the upper half of the industry.1 As the 1980’s went on the oil industry began going through a bit of reconstruction in which efficiency and profit shot to the forefront of the minds of both oil executives and the companies stockholders. As stated by and executive of Exxon, “Exxon confirms its ‘intention to run a tight ship . . . and strive to become the low-cost operator in each area of our business’. Restructuring included the sale of Exxon Office Systems, Reliance Electric Co., and its New York headquarters, and the reorganization into fewer divisions, several of them
Within no doubt that oil and gas are the most vital components of our daily life, this industry is currently experiencing its transformative periods. There are a lot of changes that would bring both opportunity and threat to oil and gas industry in the future. The oil and gas market showed a not optimistic trend during the past year, according to England (2015), during 2015, the overall cash flow keep diminishing and the situation also become weaker than before. The main competitors of Exxon Mobil Corporation are Royal Dutch Shell, Chevron Corporation and BP.
The activities of Refining and Marketing include oil supply and trading as well as refining and marketing. Chemicals activities include petrochemicals manufacturing and marketing. In addition, the Company has a solar energy business which is one of the world's largest manufacturers of photovoltaic modules and systems.
Pecom, compañía petrolera de Argentina, desde sus inicios fue ganando terreno en la industria del petróleo avanzando a buen ritmo a través del paso de los años. Desde la obtención de su primera concesión, hasta el inicio de operaciones en diversos países sudamericanos, Pecom se fue consolidando como una empresa fuertemente integrada verticalmente.
TOC o "1-3" h z u HYPERLINK l "_Toc334650418" 1.0 Introduction PAGEREF _Toc334650418 h 3
VALUE – BP is financially very strong and its spread over eighty countries across six continents. BP is also financially very
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The threat of diminishing market share looms large before the state owned firms such as Indian Oil Corp, Bharat Petroleum Corp Ltd and Hindustan Petroleum Corp Ltd, which control more than 95 per cent of about 40,000 refined fuel pumps operating in India although they will gain from market rates of gasoline and diesel. State-run retailers were anticipating a revenue loss of $24.4 billion this year, based on an
An overview of the Oil and Gas sector was developed as we visited the 4 organizations, namely GSEG, GSPL & GSPC Gas station, GSPC-NIKO Resources Limited and SHELL in Hazira. Amongst the companies visited, there were both upstream and downstream ones and their effects in the value chain were duly
Number of pages including this one: (Please number your pages like this: page 1 of 7,
Oil India private limited (OIL) is another premier national oil company which was created in 1959. The first gas production in India was started in Assam in 1959 by OIL and the subsequent gas production was carried out by ONGC in Gujarat in 1964. Until the early 1970s the demand for gas in India was almost non-existent but with the advent of ONGC’s Bombay high production in 1974 the demand for gas started to pick up. As the production of gas began increasing it became essential to develop infrastructure and transportation facilities to facilitate the growth of midstream and downstream sector of gas. Consequently gas authority of India limited (GAIL) was created in 1984 with its vital function being to facilitate the transportation of gas from the producers to the consumers which essentially forms the core of the midstream gas sector. Till the 1990s the Indian gas sector was tightly controlled. The government would decide the amount of gas each producer can produce and the price of this gas was also decided by the government. During the early 1990s the government noticed the conspicuous huge gap between the supply of gas and the demand for gas and the need to import gas and raise the consumer prices of gas was recognised. India opened up and liberalised its economy in 1991. Private and foreign investors were allowed inside many of the sectors including the gas sector through new exploration license policy (NELP). NELP also helped in addressing the supply
A fueling station is a facility which sells fuel and lubricants for motor vehicles. The most common fuels sold today are petrol known as gasoline, gas or diesel fuel.
In Indonesia, petroleum is one of the main sources of the state revenues. It is also a very important strategic commodity and often as political issue. The revenues from oil and gas have driven the economic growth and contributed significantly for the development of Indonesia. In the world, legislations which regulate oil and gas are varies from country to country. In spite of many variations, in general, the upstream oil and gas activities, based on two systems, the production-sharing contracts and the licensing systems. Indonesia was the country that introduced the concept of production-sharing contracts in 1966 (Bindemann, 1999).
Retail sales network of oil products includes 2571 fuel filling stations/gas stations (including 2,377 stations in the Russian Federation). Working with end-users of OJSC "NK" Rosneft" pays great attention to customer loyalty and