The marine shipping industry, which accounts for 80% of global trade and 3% of annual global carbon emissions,1 must adhere to stringent International Maritime Organization (IMO) goals of reducing total annual greenhouse gas (GHG) emissions by at least 50% below 2008 levels by 2050.2
Eni plans to launch its 3.4-MMtpy FLNG vessel offshore Mozambique this year. The Coral Sul FLNG vessel is being built by Samsung Heavy Industries.
The U.S. Energy Information Administration projects that carbon dioxide (CO2) emissions will decrease through 2050 in Organization for Economic Co-operation and Development countries (OECD), which includes the U.S.1
It is my esteemed honor to announce that Hydrocarbon Processing is entering its centennial year of publishing.
In a post-pandemic economy, global governments and industry participants are increasingly committing to meeting climate action targets.
From ethanol and renewable diesel to biofuels and gas-to-liquids, the world is moving toward low-carbon energy sources to mitigate climate change and boost energy security.
Refiners are asked to produce products within ever tighter margins in a changing industry.
There is no doubt that the purpose of refining crude oils into natural raw materials is crucial to produce a vast array of fuels and products used in our daily lives.
Going back to the earliest days of the industry, oil refiners have found that breaking down crude oil into marketable fractions does not always result in high volumes of the most profitable products.
When you boil down the mission of reliability to its bare essence, the job is to deliver maximum operational availability for the least amount of money over the lifecycle of the asset.