Best Quora Answers On Oil Refinery Recruitment

Post date: Oct 20, 2018 9:1:41 AM

Mechanical engineers typically specialise in the devices and machines folks encounter daily. The tools and elements mechanics use, yet as complicated engines in vehicles, are designed by these professionals. They additionally work with mechanical systems seen in larger things, like wind-turbines and escalators.

Mechanical engineer moving to chemical engineer field have vast experience of particular field in mechanical area like welding,designing of machine that you have to worked.When working in the field, depending upon the opportunities, one is also learning several subjects & topics science, metallography, failure analysis, welding, non harmful testing, work flow operations, method logic, method hazards, method risk assessment, compressors & pumps, static instrumentation pressure vessels, heat exchangers.

then you should move to chemical field you should go for welding field,designing pipeline filed,filtering field.

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Would oil refineries and oil companies still be multimillionaires if gas prices dropped to 25 cents/gallon for an indefinite period of time?

Refining is a very low margin business that is capital intensive. The margins "cracks" are determined on the open market (you are always competing with imports) and will depend on the precise market conditions (eg. Demand for diesel vs petrol etc) and the precise configuration of the refinery and how good it's upgrading units are. Even a very complex refinery that is ideally configured for the local market will make very slim margins. It is massive throughout (or cross subsidy from other parts of the business in the case of integrated oil companies like Shell, ExxonMobil, BP etc) that allows them to be profitable.

The only way refining would be profitable at those prices would be if the input costs (ie. Crude and energy costs) went through the floor, or if for some bizarre reason the retail sites had decided to sell below cost.

If a big oil refinery were forced to shut down for one day, how much money would the oil company lose?

Nice answers. I have heard that refineries make 75% of their money in certain periods (in the US) of high margins during the year. So, it really depends on the time of year where the margins swing around. Generally speaking, winter the least impact, followed by fall and spring. Summer is when you don't want to shut down.

Shut downs of whole refineries are infrequent, however, individual plant shut downs happen all too often, and if a big gasoline producer like a fluid cat cracker goes down in July, it gets bad. Funny thing is, the other refineries margins go up in such cases, so you always hope it's the other guy.

Source : https://www.quora.com/Can-a-mechanical-engineer-work-as-a-petroleum-engineer/answer/Nidhi-Joshi-96

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