May 2021
Trends and Resources
Business Trends: The economics of reliability—An interim report on the global refining industry
What is reliability? Most people think reliability is simply a measure of failure, or lack of failure. If something runs for a longer period without failing, then it is more reliable than something that runs for less time. However, reliability is a measure of how often something performs when you want it to.
This is a preview of our premium content. Thank you for your interest—please log in or subscribe to read the full article.
The Author
Related Articles
- Common challenges in risk-based inspection for piping: Insights from experience
- Hydrocarbon value chain optimization: Non-CAPEX opportunities to improve gross margins for the downstream sector—Part 2
- Optimizing NGL treatment for sulfur and methanol reduction at Pembina NGL Corporation’s Redwater fractionation plant—Part 2
Comments