This work introduces a mixed-integer nonlinear programming (MINLP) formulation for the efficient planning of crude oil supplies to a major refinery, through a long-distance pipeline. The proposed approach combines the potentials of slot-based and…
Oil firms that apply the technique of CO2-enhanced oil recovery inject CO2 into oil reservoirs to increase oil production. The long-term CO2 sales contracts commonly used in the industry often include a special price adjustment clause—the CO2 price…
Oil firms that apply the technique of CO2-enhanced oil recovery inject CO2 into oil reservoirs to increase oil production. The long-term CO2 sales contracts commonly used in the industry often include a special price adjustment clause—the CO2 price…