Management

Manage reliability and asset management performance by implementing a reliable operations committee program

This article examines how the author's company instituted a reliable operations committee program at its refinery in Yanbu, Saudi Arabia. The main goal of the program is to oversee the implementation and performance of maintenance and reliability programs to ensure a culture of optimum reliability and endorse new initiatives and programs that enhance maintenance performance in the facility.

Phase-gate process for optimal turnaround performance: Long-range turnaround planning

The volume of turnaround (TAR) work in a limited physical space and within a compressed timeframe presents challenges for securing the required qualified workforce and ensuring quality control and health, safety and environment. For these reasons, excellent TAR planning is critical for successful outcomes. 

INEOS CEO Sir Jim Ratcliffe: Carbon tax and high energy costs are killing off manufacturing in Britain

Grangemouth refinery (Scotland) ceases crude oil processing, transitions into import terminal

Scotland's only oil refinery ceased crude oil processing as of Tuesday, operator Petroineos said in a statement, as the site transitions to an import terminal.

Sri Lanka to begin talks with India, UAE for new energy hub

Sri Lanka will start work next month on plans to develop an energy hub with India and the United Arab Emirates, as the nation looks to leverage its strategic location to cement a recovery from a financial crisis. 

S-Oil posts refining, petrochemical losses; expects US tariffs to affect margins in Q2

South Korea's S-Oil, majority owned by Saudi Aramco, posted losses in the first quarter from its refining and petrochemical units and expects second-quarter margins to be impacted by U.S. tariff negotiations and market volatility.

Kuwait Petroleum's stake investment in China Wanhua Chemical's unit valued at $638 MM

Kuwait Petroleum subsidiary's acquisition of a 25% stake in China Wanhua Chemical's petrochemical business is valued at $638 MM

Dow Chemical delays construction on multi-billion-dollar Path2Zero project in Fort Saskatchewan, Alberta, Canada

After a reported Q1 loss, Dow Chemical plans to launch an action plan to further reduce spending and deliver $6 B in cash support. The plan includes delaying construction on the company's multi-billion-dollar Path2Zero project in Alberta, Canada.

Indian Oil plans to operate Gujarat refinery at higher capacity from mid-2026

Indian Oil Corp. plans to operate its Gujarat refinery in western India at an expanded capacity of 360,000 bpd by mid-2026, executive director Biplob Biswas said.

Valero Energy reports first-quarter loss on lower margins, impairment charges

Valero Energy reported a first-quarter loss compared with a year-ago profit, weighed down by lower refining margins and around $1 billion in impairment charges related to its West Coast assets.