Economics
Quantum leap in chemical plant safety and reliability through mobile technology
The human factor has played a significant role in chemical plant accidents and production loss incidents over the past 60 yr.
Executive Viewpoint: It was the best of times
“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness…”. Fortunately, this opening line from A Tale of Two Cities does not often present itself as an appropriate analogy to the oil and gas industry. Yet, here we are.
Business Trends: The economics of reliability—An interim report on the global refining industry
What is reliability? Most people think reliability is simply a measure of failure, or lack of failure. If something runs for a longer period without failing, then it is more reliable than something that runs for less time. However, reliability is a measure of how often something performs when you want it to.
Industry Perspectives: Will capital investments increase in 2021 and beyond?
Over the past several years, the world witnessed a significant increase in downstream capacity growth in all sectors of the hydrocarbon processing industry (HPI). However, the COVID-19 pandemic caused a significant decline in demand for transportation fuels and certain petrochemical value chains.
Executive Viewpoint: Technology to drive decarbonization of the oil and gas industry
<i>Hydrocarbon Processing</i> (HP) was pleased to speak with Thorbjoern Fors (TF), EVP of Industrial Applications, Siemens Energy, to discuss the decarbonization of the oil and gas industry and the technologies that are helping companies meet their sustainability goals.
Industry Metrics
U.S. refinery margins extended their upward trend for the fifth consecutive month, exhibiting the largest upturn relative to other regions.
Digital: ROI is the secret sauce for sustainable digital transformation
Digital transformation is a broad term that can mean vastly different things to different people.
Regional Focus: Russia looks to double petrochemicals and LPG exports by 2025
Russia hopes to become one of the world’s largest producers and exporters of petrochemicals and LPG by 2025 by doubling its domestic output and exports.
Executive Viewpoint: Interconnected neural networks drive breakthrough optimization
We have all learned that technology alone will not improve our operations.
Editorial Comment: Petrochemicals: Changing technologies and configurations to satisfy future demand
For nearly a decade, capital investments in new petrochemical capacity have skyrocketed. This
- Eberhard Bau signs long-term solar diesel offtake agreement with Synhelion 2/3
- Indian refiners await government advice on Russian oil import halt 2/3
- bp's Whiting refinery union workers reject contract extension 2/2
- China's CNPC set to restart Dalian refinery to process Russian oil 2/2
- Dow announces 2029 startup of Phase 1 of its $7.5-B Path2Zero ethylene project 2/2
- ExxonMobil, Chevron see glimmer of Venezuela's potential, especially in refining its crude 2/2
