Project Management
Project Management: Protect operating margins with outsourced asset management
The oil and gas sector is under pressure to maintain operating margins. Although oil prices have stabilized in recent months, they have, nonetheless, fallen dramatically in the last year. This has bee..
People
Clariant has appointed Britta Fuenfstueck as a new member of its executive committee.
Mistras, E2G to form new engineering alliance for plant management
The collaboration draws upon the strengths of each organization – the breadth of MISTRAS’ asset protection and inspection portfolio fused with E2G’s engineering consulting services.
Maximize petrochemicals in the FCCU to boost refinery margins, improve gasoline pool quality
In light of the current market dynamics, challenging the FCCU to move out of its “maximum gasoline” comfort zone is a winning strategy to drive overall refinery profitability.
Build a solid GHG BACT cost-effectiveness calculation to avoid CCS costs
Determining which technology constitutes greenhouse gas (GHG) best available control technology (BACT) for a new or modified facility often hinges on the GHG BACT cost calculation.
People
Smaller-scale gas-to-liquids (GTL) specialist Velocys Plc has named David Pummell as chief executive officer (CEO).
Honeywell acquires remaining 30% stake of gas processor UOP Russell
In 2012, Honeywell acquired a 70% stake in the Thomas Russell Co. to form UOP Russell, which became part of Honeywell UOP.
Use discrete event simulation as decision support for storage and shipping—Part 1
Over the past decades, one engineering firm has been using discrete event simulation (DES) to study shipping and storage as an integral part of project execution throughout all phases of a process facility’s design, construction and operations.
Innovations
Pepperl+Fuchs’ VisuNet RM Shell 4.0 remote monitor firmware for industrial thin client work stations offers significant enhancements through an optimized touchscreen user interface, advanced security features, Windows Embedded Standard 7 and plug-and-play startup capabilities.
People
The Society of Petroleum Engineers (SPE) Aberdeen Section board has elected Ian Phillips, chief executive of the Oil and Gas Innovation Centre (OGIC), as its new chairman.
- Valero Energy Q4 profit beats estimates; shares surge 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
- Baker Hughes, Giammarco Technologies to advance and commercialize hot potassium carbonate for post-combustion carbon capture 1/30

