Economics

Reliability: Things rarely heard at reliability conferences

We can only guess how many reliability conferences we have attended since accepting job offers in the refining or chemical processing industries. In my case, starting in 1965, it is somewhere between 60 and 80. If, in each of these conferences I listened to six presentations, the number of sessions attended is perhaps 400.

Editorial Comment: Processing a sustainable future

An emerging topic along the entire oil and gas value chain is the move toward <i>sustainability.</i> Each company has a somewhat different definition of what sustainability means to its operations.

Onsite

Business Trends: EPC 2030: Five vital characteristics that will define the EPC firm of tomorrow

The state of the global engineering, procurement and construction (EPC) industry can accurately be described as “challenging.” Operating in an environment of volatile, uncertain, complex and ambiguous conditions, EPC firms are facing unsustainable levels of stress.

Industry Perspectives: Petrochemicals surge despite possible future roadblocks

Over the past several years, investments in petrochemicals capacity additions have skyrocketed. Hundreds of billions of dollars have and will be invested in additional petrochemicals units and complexes.

FCCU catalyst reformulations: Reducing risk and guaranteeing value with collaboration/testing

Hellenic Petroleum S.A.’s Aspropyrgos refinery is located near Athens, Greece. It has a total refining capacity of approximately 7.5 MMtpy and a Nelson complexity index of 9.7. The refinery was built in 1958 and has undergone several upgrades, including the installation of a fluid catalytic cracking unit (FCCU).

Optimization study in hydrocracker unit using simulation model

Hydrocrackers are key refinery units that convert heavy feed components into valuable lighter products. The profitability of these units is directly related to this conversion level. Conversion reactions take place in a nearly pure hydrogen environment, with the help of selective catalysts, under high pressure and high temperature. The products of the unit are separated in the fractionator section. Unconverted oil taken from the fractionator bottoms reveals the conversion performance of the unit.

A new liquid-phase isomerization process for xylene loop debottleneck and energy savings

In a typical xylene loop, C₈ aromatics are fractionated out of a heavy reformate C₈+ aromatics stream and collected in the xylene column overhead. Then, paraxylene (PX) from the C₈ aromatics stream is recovered as product—usually by an adsorption or crystallization process—in the PX recovery section.

Can ammonia be a future energy storage solution?

Ammonia is well known as a fertilizer. However, it is also a potential carbon-free fuel and an excellent solution for storage of renewable electricity, especially if the syngas needed for producing the ammonia is made by electrolysis.

Surviving turbulent times requires deep management changes

The Stone Age did not end due to a stone shortage. The Conventional Oil Age was not eclipsed by vanishing traditional oil and gas resources. The Shale Revolution unleashed an era of abundant, new unconventional oil and gas supplies.