Refining
Energy losses from the radiant firebox wall of pyrolysis furnaces
The steam cracking unit is highly energy demanding, requiring high-severity pyrolysis furnaces to break the carbon-carbon bonds, as well as high pressure for the purification of its products.
Innovations
Hawk Measurement Systems has announced a new OptioLaser S300 that can be used for the detection of all types of liquids, regardless of their dielectric properties.
Global Project Data
According to <i>Hydrocarbon Processing's HPI Market Data 2018,</i>’ total capital expenditures (CAPEX) are expected to reach $144 B in 2018.
Industry Metrics
US refining margins showed slight gains on the top of the barrel as a result of cold weather-related refinery outages, rebounding slightly from the previous month.
Business Trends: Rejuvenating the contract “spine” of megaprojects—Part 1
Business executives and project managers are grappling with challenging business environments and a 20-yr legacy of failing megaprojects.
Industry Perspectives: Secondary unit construction surges in the near term
Although the refining industry is expected to add more than 7 MMbpd of new distillation capacity by the early 2020s, the global refining industry will witness a boost in secondary processing capacity, as well.
Digital: Operational excellence index—Part 2: The digital transformation
Without a doubt, digitalization is the engine fueling the growing adoption of operational excellence (OE) in hazardous industries.
Viewpoint: Digitalization is key to increasing the process industry’s productivity
Consumers are continuously looking for healthier, safer and more environmentally sustainable products.
Refining: Russia plans ramp-up in refinery expansion, construction
Russian fuel producers aim to ensure regular supplies of oil products to both the domestic market and foreign importers in the coming years by building new refineries and modernizing existing plants across the country.
Automation Strategies: Top technology trends in automation for 2018
The last several years have seen significant advances in, and acceptance of, new automation technologies.
- Transitional Industries and CFEnergia sign feedstock supply contract for $3.3-B Pacifico Mexinol project 2/17
- Neste and World Fuel Services extend partnership, expanding SAF availability at more than 100 airports in Europe 2/17
- U.S. refined product exports by tanker increase to > 6.3 MMbpd in January 2/17
- Japan's oil and gas independence climbs to highest since 2009 2/17
- Dangote signs $400-MM equipment deal with China's XCMG to speed up refinery expansion 2/17
- Former Lukoil-owned ISAB refinery in Sicily exits crisis procedure 2/17
