Management
Automation Strategies: Navigating automation in oil and gas—Lessons learned from other industries
In today’s economy, industrial automation has become absolutely essential for refiners, petrochemical producers and pipeline owners looking to maintain profitability and competitive advantage as market pressures bear down on them.
Reliability: Identify top ways to weather weak market conditions
New Jersey-based Carmagen Engineering Inc., a member of Mistras Group Inc., is a highly respected consulting engineering and project management firm comprising experienced subject matter experts (SMEs).
Business Trends: Innovative commissioning and startup technologies for industrial projects
The performance of capital project facility commissioning, startup and initial operations often falls short of expectations, and the opportunity for innovative commissioning and startup technologies has yet to be discussed extensively.
View/Alt-View: Giving voice to alternative views
Our publication often features a Viewpoint column, an executive-level short opinion piece that usually focuses on the author’s sector of the hydrocarbon processing industry. This month, we are featuring two columns back-to-back, presenting alternative views on a single topic. We use the word “alternative” deliberately—rather than “opposing”—as we wish to highlight views that present legitimately different perspectives.
Viewpoint: The future of India’s refining capacity and the rise of clean fuels
India is emerging as the world’s new oil demand center, with burgeoning consumption providing huge potential for downstream oil and gas growth. With a GDP ranked in the top 10 globally and a large, growing population, India has seen continuous increases in demand for energy in all forms.
Engineering Case Histories: Case 97—Beware of confirmation bias in industry
The term confirmation bias recently came up in a book I was reading,1 and it was then that I realized how relevant it was to engineering.
People
John Flannery, the President and CEO of GE Healthcare, has been named CEO of the company, effective August 1, and Chairman and CEO effective in January 2018. Jeff Immelt, Chairman and CEO, will remain Chairman of the Board through his retirement at the end of the year.
Innovations
Siemens has been working closely with the National Cybersecurity Center of Excellence (NCCoE) at the National Institute of Standards and Technology (NIST) on a cyber security project.
Industry Perspectives: The digitalization of the downstream industry
The digitalization of the hydrocarbon processing industry (HPI) is in full swing. Numerous companies have created, and are optimizing, digital technologies to improve plant operations, increase energy efficiency and lower costs.
Digital: Transitioning from the spreadsheet to the Cloud
The Industrial Internet of Things is expected to create a $225-B market by 2020, opening new opportunities for industrial organizations related to data and asset management.
- Essar launches hydrogen power plant at Stanlow refinery (U.K.) 7/16
- Trelleborg partners with Airbus on hydrogen-powered air travel 7/16
- Neste, Mitsubishi Corporation agree on strategic partnership to develop supply chains for renewable chemicals and plastics 7/16
- Vale, Komatsu and Cummins announce collaboration to develop dual-fuel large trucks, powered by ethanol and diesel 7/16
- Mexico–U.S. energy trade value fell in 2023 on lower fuel prices 7/16
- Belarus' Mozyr oil refinery restoring operations after outage due to storm 7/16
- Digital Exclusive: SPECIAL FOCUS: Digital Technologies—Utilize process simulation digital twin to optimize condensate yield
- Digital Exclusive-Flare system design: Liquid pockets in flare headers
- Hydrogen-rich content gasoline: A new concept for paraffinic gasoline reformulation
- Alarm rationalization at Kuwait National Petroleum Company (KNPC) refineries
