Problem statement of lubricant industry

Every surge and hesitation conjures up visions of wasted time, costly repairs, and not arriving at their destination. What a driver may not know is that the answer could be as close as the nearest mass merchandiser, auto parts store, garage, highway truck stop, or service facility.

Problem statement of lubricant industry

Marketing Information Technology and the Oil and Gas Industry Information technology has become very relevant in different fields of life, industrial and commercial activities over the past few decades. Today, no industry can exist or became fully operative without information technology.

As much as information technology is very relevant in other industrial fields, it is highly essential in the oil and gas industry. Different operations in the oil and gas industry depend solely on information technology and can only achieve efficiency thereof. This simply implies that advance in information technology would simply result to the betterment of the oil and gas industry as well as every other field of life.

This is why lots of intensive researches are being done on information technology in the recent time and these have resulted to unimaginable impact in the oil and gas industry. One of the most striking developments in the IT industry which has helped information dissemination in the oil and gas industry was developed by the World Wide Web Consortium W3C about a decade ago.

This technology known as XML Extensible Markup Language uses tags and unstructured patterns in developing requisite data referred to as well-formed and valid data for information dissemination.

The most Problem statement of lubricant industry thing with XML is that it is structured in such a way that the information would be readable by both machines and humans. Upstream Challenges We will look at the challenges and opportunities in the upstream oil and gas industry facing in current information technology era.

We therefore need the knowledge, contacts and skills to effectively adapt to these troubles and geopolitical insecurity in the industry. It is also very important that we make appropriate efforts towards anticipating and reacting to the radical changes on the global sphere.

Some challenges in the upstream oil and gas industry can be effectively resolved if we lay emphasis on the new interdependencies between senior management information, operational effectiveness and decision making.

We also need to appraise and understand their impact on our overall profit margins. This can go a long way in solving our problem.

Originally, management may feel it difficult to come to be engaged much beyond the front end of IS advancement as a result of the extreme distinction in between the methods and languages of the data processing DP. One more essential development that have actually made it possible for administration to take part additionaltoday.

Problem statement of lubricant industry

IS development has actually been the information analysis methods. There is great need to increase the production of liquid fuel in the upstream sector. Not only that, but also there should be efficient avenues in place to bring the extracted products to the market. The American Petroleum Institute pointed out that oil sand production can be limited in because of shortage or inadequacy of pipelines leading from refineries to the market.

Shell has achieved substantial success by increasing capacity at the Athabasca Oil Sands Project in Alberta by barrels per day. It has also opened a second mine in which it expanded the upgrader which converts bitumen to crude.

Again, the rising demand for oil and gas can be met by diversifying the transport fuel mix with hi-tech technologies. This can be achieved by increasing the contribution of biofuels.

Biofuels are highly beneficial as they are very compatible with existing infrastructures and therefore can be sold and distributed in ordinary filling stations. In some countries like Brazil, China, and India, crude oil is used in alarming rate on a daily basis.

Thus, this is a big challenge to the oil and gas industry. However, it is quite obvious that the challenge cannot be solved by preventing people from using oil and gas or their products.

Oil and gas are very pivotal to the modern society and without them the modern society will not run smoothly or effectively. Thus, an alternative means should be sought in order to solve this challenge.

The primary way of dealing with this problem is by devising alternative means and avenues for oil exploration. More so, we can employ the state of the art technologies available today in order to convert various natural resources to petroleum products.

A good example of this is agricultural products and biofuel. Shale oil can also be employed as an alternative source of oil or energy. Information technology is needed to achieve these aims.

It can be employed in discovering and analyzing the alternative sources of energy.Castrol’s comprehensive ranges of industry leading products are designed to help you improve productivity and profitability. Services Our Liquid Engineers offer a range of efficiency-enabling services to help you stay competitive in an increasingly complex world.

A Tool for Lubricant Management in the Mining Industry by KIRSTIN MATTHEWS Submitted in partial fulfilment of the requirements for the. otherwords, creating something that is perceived industry-wide as being unique.

Differentiation maybe achieved in various ways, for example through design, brand image, technology, features,customer service, and dealer.

The NZ lubricant industry, led by local company Z Energy, are taking a leadership stance on this global issue with the establishment of the Waste Lubricant Container Product Stewardship Scheme.

chief executive of 3R Group said in a statement. The Waste Lubricant Container Working Group is open to the entire NZ lubricant industry and has. Sullube ® is an hour Polyglycol based lubricant that has been the mainstay of the Sullair fluid family for over 25 years. Sullube ® has performed flawlessly in over 50, compressors for more than ,, hours.

Synthetic Lubricants Market - Global Synthetic Lubricants Industry Growth, Size, Share, Analysis And Forecast Report Projected to grow at a CAGR of almost 2% from to , synthetic lubricant market is expected to grow significantly over the forecast period owing to growing consumer in emerging countries such as Europe and North America.

Problem statement of lubricant industry
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