Refining
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.
Advanced analytics drive IIoT success
Refineries and petrochemical plants face similar challenges in daily operations. Each must mitigate risk, anticipate maintenance, optimize operations and minimize expenses. To achieve these goals, plant personnel rely heavily on data to drive decisions.
OT/IT integration for profit-driven operation
Operational technology/information technology integration is required for sharing information among all levels of manufacturing organizations to achieve profit-driven operation, which helps process industry companies implement real-time production performance improvements that are aligned from the management level to the plant floor.
Innovations
Sphera has released a new Interactive piping and instrumentation diagram (P&ID) solution that helps organizations break down silos between their operations, maintenance and engineering departments while simplifying isolation planning.
Project Management: Four tips for navigating a shutdown, turnaround or outage successfully
In the oil and gas sector, managing a shutdown, turnaround, or even an outage is an unavoidable requirement.
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.
Executive Viewpoint: How to develop a successful asset management strategy during the coronavirus downturn
The coronavirus (COVID-19) has disrupted all sectors of the oil and gas industry, including asset management.
People
The Marathon Petroleum Corp. board of directors has elected John P. Surma to serve as non-executive Chairman.
Industry Metrics
Refinery margins in the U.S. Atlantic basin rebounded. Deeper refinery intake cuts, as well as the low feedstock price environment, helped offset unappealing demand-side signals.
Advanced cooling tower water treatment—Part 1
Refineries, petrochemical plants and similar facilities rely on a significant number of heat exchangers for process control and product formulation throughout the plant.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
