Construction
Extracting business value from digitalization in oil and gas
Most oil and gas companies are investing in digitalization; however, they often fail to move beyond proof of value (PoV) or pilot projects.
Reboiler pinch: An approach to optimize flare system design during FEED
A process plant’s pressure relief and flare systems are critical safety elements.
Business Trends: Autonomous operations in process manufacturing—Part 2
The purpose of this article is to demonstrate an autonomous operations (AO) vision, along with its feasibility, by conceptualizing a roadmap where meaningful progress can be achieved in a horizon of 3 yr–20 yr.
Editorial Comment: Hydrocarbon Processing’s 2020 Top Projects award nominees revealed
<i>Hydrocarbon Processing</i> has announced the nominees for its annual Top Projects awards.
Shape the refinery of the future through integration—Part 2
Part 1 of this article, which appeared in the September issue, discussed various aspects of evaluating options that enable an existing refiner to make investment decisions to optimally diversify into petrochemicals through integration. Part 2 will detail a case study that illustrates the synergies of refinery-petrochemical integration through a propylene recovery unit from an FCC-based refinery, as well as financial, configuration and sensitivity analyses.
Driving FCCU value through fresh and flushing catalyst activity modeling
Refiners are continually challenged to maximize economic gain in the face of cost pressures and plant operating constraints. The fluidized catalytic cracking unit (FCCU) plays an integral role in the optimization of the facility. FCC catalyst is often one of the largest budget items in the refinery. Therefore, the balance between FCCU performance and catalyst costs has a significant impact on refinery profitability.
Shape the refinery of the future through integration—Part 1
The negative impact of fossil fuels on the environment has become widely accepted, and our global society has begun to focus on alternative fuels. The pollution of the local, regional and global environment has become a primary concern.
Industry Perspectives: Save the date: Hydrocarbon Processing’s Top Projects Awards
Over the past several years, <ital>Hydrocarbon Processing</ital> has honored the feats of capital project excellence with its Top Projects Awards. The winners and nominees encapsulate important contributions to the global hydrocarbon processing industry, whether that is through significant capital intensity, diversifying product offerings or adding a significant amount of refining and/or petrochemical processing capacity.
Editorial Comment: Optimizing operations and recognizing achievements
Over the next two months, <ital>Hydrocarbon Processing</ital> will host two separate events for a global audience. One will gather the brightest minds in the industry to share the latest innovations and technologies in the industry, while the other will recognize the leaders in advancing the industry toward safer and more reliable, sustainable and profitable operations. Both events—<ital>Hydrocarbon Processing’s</ital> IRPC and the HP Awards—will be streamed on digital platforms and free to view.
Business Trends: Managing risk and uncertainty: The importance of optimizing your value chain
No doubt exists that COVID-19 is disrupting the oil and gas industry. Oil prices are falling, demand is down, supply is up, and storage capacity is limited. In these difficult times, the industry must swiftly act to keep business viable to come back strong when conditions improve.
- Update: Colonial Pipeline's main U.S. gasoline artery likely shut until Friday 1/16
- EIA: U.S. crude stocks fall, gasoline and distillate inventories rise 1/16
- South Korea considering buying more U.S. oil and gas 1/16
- Shell, CNOOC take FID on 1.6-MMtpy petrochemical complex expansion in China 1/15
- Plug Power seals huge deal with Allied Green Ammonia for 3-GW electrolyzer system 1/15
- Russian oil products trapped at sea by U.S. sanctions 1/15