• Production and Operations Management
    or to 600 thousand barrels of above ground storage. (Marathon Petroleum Company LLC) From there the crude oil is distributed through four pipelines to refineries in the Gulf Coast and Midwest. Marathon has access to 9,600 miles of pipeline in the U.S and transports 1,700,000 barrels per day of...
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  • Production and Operations Management
    Corporation is one of the leading energy companies in the world. On January 13, 2011, Marathon Oil Corporation announced that they will focus on exploration and productions, the while the second, the Marathon Petroleum Corporation, will deal with refining, marketing and pipeline transportation (DealBook...
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  • Assignment #3: Production and Operations Management
    RUNNING HEAD: Production and Operations Management BUS508: Production and Operations Management Bridgitte Dixon Strayer University Professor Michael Powers August 7, 2010 Abstract This paper will be based upon the findings of converting crude oil into consumer fuels by Marathon Petroleum...
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  • Production and Operations Management
    ASSIGNMENT #3: PRODUCTION AND OPERATIONS MANAGEMENT Introduction This paper is based on the process of converting crude oil to consumer fuels by Marathon Petroleum Company, one of the premier suppliers of US transportation fuel. Firstly, this paper explains that one...
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  • Production and Operations Management
    Steel and Marathon spun off the steel business and in 2002 USX renamed itself Marathon Oil Corporation. In 1998, Marathon and Ashland, Inc. formed Marathon Ashland Petroleum LLC to refine, market and transport crude oil and petroleum products, primarily in the Midwest, the upper Great Plains and...
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  • Speedway HR practice
    Managers than Speedway, almost 50% more. Speedway Benefits Marathon Petroleum Corporation (MPC) employees and their family enjoy an attractive Health Care benefits package including wellness reimbursements to promote a healthy lifestyle. An Employee Assistance Program offers face-to-face counseling...
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  • Paper
    Marathon and the Production Process One possible option that Marathon could take to reduce the time involved in the production process would be to create new petroleum refineries in different regions allowing operators to shift process and production responsibilities in the event of a natural...
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  • Marathon
    Efficiency Improvements Marathons own 50.7% of LOOP (Louisiana Offshore Oil Port). Crude is imported into this port. Only this port is equipped to handle super tankers. The super tankers can hold up to three million barrels of crude. However, the transporting and storing of the crude is...
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  • Production and Operation Management
    component parts in order to come up with one or more marketable products (Boone & Kurtz, 2010). Petroleum refining breaks down crude oil into a number of profitable products that includes gasoline, heating oil, and aviation fuel. Marathon delivers more than 111 million gallons of crude oil and...
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  • Accounting Project 5
    Alex Irrer- Marathon Evan Musial-Chevron Supriya Reddy- Exxon Mike Aboosamra- Conocophillips James Craig- Sunoco ACC 305 Group 9 section 001 1. Chevron- Exploration and production (upstream) operations consist of exploring for, developing and producing crude oil and natural gas and marketing...
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  • Gas Marketing
    ChevronTexaco, Phillips 66, Marathon Ashland, British Petroleum and many others sell their products through a combination of company owned and operated outlets, franchised outlets, and independent dealers called “Jobbers”. Although each category has different levels of control maintained by the refinery, the...
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  • Production and Operation Management
    region of the gulf coast. One possible option that Marathon could take to reduce the time involved in the production process would be to create new petroleum refineries in different regions allowing operators to shift process and production responsibilities in the event of a natural disaster or...
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  • US E&P benchmarking study
    proved properties in 2011 posted above-average PRAC. Occidental Petroleum, Marathon Oil and Linn Energy had 2011 PRAC of $15.82 per BOE, $16.37 per BOE and $13.77 per BOE, respectively. These companies made purchases that included significant volumes of oil, whereas purchasers that primarily...
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  • Marathon Oil
    Production and Operations Management November 14, 2010 Production and Operations Management Marathon Oil operates around the globe. Marathon Oil is one of the leading energy companies in the world. Marathon operates the majority of the refinery across the Midwest, Gulf Coast, Upper Great...
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  • Global Cumene Market 2014-2018
    Industries • Kumho Petrochemical Co. • LG Chem • Lihuayi Weiyuan Chemical • LLC Samaraorgsintez • Marathon Petroleum • Mitsubishi Chemical • Mitsui & Co. • Nippon Steel Chemical Co. • Novacap Investments • OJSC Kazanorgsintez • Petro Rabigh • Petroleos de Venezuela • PKN Orlen...
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  • Production and Operations Management
    with distribution, marketing, and last but not least profit. On the demand side, world economic growth is the biggest factor. Organization of the Petroleum Exporting Countries (OPEC) is a major factor on the supply side. OPEC produced about 43% of the world’s crude oil in 2010 and have essentially...
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  • Petroleum
    standard, and that they take all of the necessary steps to ensure that they adhere to those standards. Marathon Petroleum Corporation claims to hold “high ethical standards both in letter and in spirit” (Marathon Petroleum Corperation, 2011). But the domestic and international ethics of petroleum seems to...
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  • Ceo You Know
    | LIMITED BRANDS INC | Leslie H. Wexner | 2011 | $19,230,484 | BMRN | BIOMARIN PHARMACEUTICAL INC | Jean-Jacques Bienaime | 2011 | $19,183,735 | MPC | MARATHON PETROLEUM CORP | Gary R. Heminger | 2011 | $19,165,102 | UNP | UNION PACIFIC CORP | James R. Young | 2011 | $19,134,212 | CI | CIGNA...
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  • Marathon
    MARATHON’S PRODUCTION AND OPERATIONS Assignment Title: Marathon’s Production and Operations Name of Student: Hassan J. Koroma Instructor’s Name: Prof. Michael Petty Course# BUS 508 Date: August 20, 2011 Introduction Marathon Oil Corporation is based in Houston, Texas with...
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  • Production and Operations Management
    Marathon Oil - Deepwater Droshky Project Marathon Oil Corporation (2010) had announced its Droshky development in the deepwater Gulf of Mexico to have begun operations on time and under budget on July 15, 2010, and has since ramped up production to approximately 45,000 net barrels of oil...
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