As the food and blood for industries, oil is one of the key energy resources on earth. Without oil, the world will be paralyzed. Global economic development in the 21st century has resulted in increased demand for oil. The capacity for oil exploitation shipping, storage, and refinement, however, has not improved much due to limited industrialization and informatization of the oil industry. How to improve the efficiency of the oil industry to increase oil supply has become a crucial task for the leaders of all nations to address. Considering these circumstances, Huawei has put forth the concept of Smart Oil, in the hope of improving the efficiency of the entire oil industry, thereby mitigating current shortage in oil supply.