Management
Viewpoint: A new value proposition for a licensor and EPC contractor
The drop in oil prices has changed the overall dynamics of the hydrocarbon processing industry (HPI), as well as reduced prices for petrochemical products. Approximately $150 B of oil and gas projects have been canceled or put on hold.
Automation Strategies: Drive maximum asset capability with operational technologies
Owner-operators across the hydrocarbon processing industry (HPI) strive to gain maximum business value from their process plant assets. Here, automation assets and other operational technology (OT) typically play a major role.
Modularization: The key to success in today’s market
The world economic order is rapidly changing. A transition is underway, led by the sudden collapse of crude oil and natural gas prices. Here, the pros and cons of modularization vs. field construction are outlined.
Managing complex changeover processes for integrated cracking furnace safety
Cracking furnace operations (e.g., for the steam cracking of naphtha feedstock into olefins) are an essential part of hydrocarbon (HC) refining; however, they are known to be potentially dangerous and complex to manage.
Viewpoint: Create a culture of safety: Protecting people while boosting your bottom line
Implementing safety best practices helps reduce employee risk, which helps minimize the number of workplace accidents and ensures compliance with industry and government regulations.
Useful tips for a successful HAZOP study
The products we use on a daily basis comprise a variety of chemicals.
Project Management: Performance excellence culture improves processes, giving lasting results
In the downstream industry, where production is at an all-time high and uncompromised safety is imperative, plant owners and operators are responding by implementing the latest time-saving technologies and systems to automate and improve human processes.
People
Abdulaziz F. Alkhayyal has been elected to the board of directors of Marathon Petroleum Corp., increasing the board’s size to 11.
Use dynamic simulation to maximize plant operating performance
The oil and gas industry has witnessed seismic downward shifts in barrel prices and uplifts in market competitiveness.
Monitor medium-voltage switchgear in refineries
When medium-voltage switchgear (MVS) in a refinery fails, it can force a process unit or even an entire refinery to shut down.
- 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
