Supply and demand planning for crude oil procurement in refineries

The upstream petroleum supply chain is inefficient and uneconomical because of the independence of the four complex and fragmented functions which comprise it. Crude oil exploration, trading, transportation, and refining are functions which may be integrated through unified decision-making facilitated by timely information exchange. This exchange has been problematic because the four business units with their disparate activities have not been able to capture and appropriately structure the required information. How can business executives in the oil industry assemble all of the required information to achieve system-wide optimization? To remove the silos which impede system-wide optimization, there is need to analyze people, systems and issues in the upstream section of the petroleum supply chain; as a background to understanding the current challenges faced in achieving integration. Hence, the use of secondary and primary data sources was used for this research. The secondary includes the review of relevant literature while the primary data were from two sources. The first came from an on-site interview with the heads of business units of a case study, a company which is a major player in the industry.

Department dc:contributor.department

Massachusetts Institute of Technology. Engineering Systems Division.

Grantor dc:publisher

Massachusetts Institute of Technology

Year dc:date.issued

2006

Author dc:creator

• Nnadili, Beatrice N. (Beatrice Nne)

Advisor dc:contributor.advisor

• Larry Lapide.

• Engineering Systems Division.

Statement dc:rights

• M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission.

Licence dc:rights.uri

• http://dspace.mit.edu/handle/1721.1/7582

Language dc:language.iso

eng

Handle dc:identifier.uri

http://hdl.handle.net/1721.1/36140

OAI identifier oai:identifier

oai:dspace.mit.edu:1721.1/36140