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How do you optimise refinery operations and product mix to maximise profits amid market volatility and stricter environmental regulations?

In today's rapidly evolving energy landscape, downstream oil and gas operations face unprecedented challenges. Refineries are grappling with volatile crude prices, shifting product demand, and stringent environmental regulations. Meanwhile, the push for cleaner fuels and the rise of electric vehicles are reshaping traditional markets. I've noticed that some companies are thriving by adopting agile business models and investing in advanced technologies, while others struggle to adapt. The most successful seem to be those that can quickly adjust their product mix and optimise their supply chains in response to market signals. I'm curious to hear about your experiences. What strategies have you found most effective in navigating these complex market dynamics? How are you balancing short-term profitability with long-term sustainability goals?

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Question added by Abdirazak Munye , Ecommerce & Digital Marketing Strategist , Oamo Marketing
Date Posted: 2024/09/03
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