Petrochemicals
Project Management: Four tips for navigating a shutdown, turnaround or outage successfully
In the oil and gas sector, managing a shutdown, turnaround, or even an outage is an unavoidable requirement.
Executive Viewpoint: How to develop a successful asset management strategy during the coronavirus downturn
The coronavirus (COVID-19) has disrupted all sectors of the oil and gas industry, including asset management.
People
The Marathon Petroleum Corp. board of directors has elected John P. Surma to serve as non-executive Chairman.
Industry Metrics
Refinery margins in the U.S. Atlantic basin rebounded. Deeper refinery intake cuts, as well as the low feedstock price environment, helped offset unappealing demand-side signals.
Advanced cooling tower water treatment—Part 1
Refineries, petrochemical plants and similar facilities rely on a significant number of heat exchangers for process control and product formulation throughout the plant.
Best practices for aromatics extractive distillation in integrated complexes
Integrated refining/aromatics/olefins complexes are an efficient and effective configuration to maximize crude oil feedstock value and optimize the value of the entire product chain.
Inspection: Establish an inspection plan for flare burners
Flares are prominent in hydrocarbon processing operations. From afar, they can be spotted burning with a high or low flame, supported by a tall steel structure
Global Project Data
<i>Hydrocarbon Processing’s</i> Construction Boxscore Database is tracking nearly 1,600 projects around the world.
Industry Metrics
Refinery margins came under added pressure, affected by the downturn in product consumption inflicted by COVID-19 pandemic lockdowns.
Business Trends
Rovuma LNG, a JV comprised of ExxonMobil, Eni and China National Petroleum Corp., will likely delay its final investment decision (FID) on the group’s $30-B Mozambique LNG project.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
