August 2022

Special Focus: Refining Technology

Evaluate options for decarbonizing petroleum refineries

The energy transition requires rebuilding the energy supply infrastructure for a lower-carbon economy and renewable energy generation for industry and transportation that run more on electricity and hydrogen and less on fossil fuels and provide a circular path for consumer plastics. The growth in global oil demand is predicted to end within 10 yr, but it is still too early to foresee a rapid decline in that demand.

Singh, R., Bechtel India

The energy transition requires rebuilding the energy supply infrastructure for a lower-carbon economy and renewable energy generation for industry and transportation that run more on electricity and hydrogen (H2) and less on fossil fuels and provide a circular path for consumer plastics. The growth in global oil demand is predicted to end within 10 yr, but it is still too early to foresee a rapid decline in that demand. Refiners are strategizing to align with a low-carbon future. Moving from transport fuels to petrochemical feedstocks, producing renewable fuels and sourcing low-carbon H2 are emerging as possible options. However, uncertainty remains around demand forecasts and potential reg

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