Management
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.
Automation Strategies: Looking to the future of process control staffing
Technology is changing, and fast. Labor availability and skillset requirements are changing, as well. Process control personnel makeup and skillsets have evolved over decades of iterations. The process industries are challenged to continue to operate efficiently in an increasingly competitive environment.
Editorial Comment: Optimizing our message to the oil and gas industry
The pages of <i>Hydrocarbon Processing</i> contain numerous case studies, techniques, advice and step-by-step approaches to optimizing downstream operations. These elements have been the focus of the magazine for the last 95 yr.
Taiwan's Formosa Plastics Group says owners to reduce management role
TAIPEI (Reuters) -- Formosa Plastics Group said on Thursday it will set up a management center next month to allow the owners of one of Taiwan’s biggest conglomerates to reduce their role in the management.
Equipment critical analysis: The need for an effective maintenance program
Oil refineries and large petrochemical plants contain thousands of pieces of process and utilities equipment that are subject to wear, erosion, deterioration, aging, etc., resulting in increasing breakdowns and outages. Imagine being a maintenance engineer and receiving 50 work orders during an overhaul with a limited budget, time, labor, spare parts, tools, machines, etc. How does that engineer prioritize the work?
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21
