Shell Catalysts & Technologies (SC&T) announces a global price increase of its refining and chemical catalyst products lines.
Kazakhstan, the world's largest landlocked country, increased oil exports that bypassed Russia last year, but was still heavily reliant on supply channels via its neighbor.
In the hydrocarbon processing industry, where direct heating is not possible, a heat transfer medium is used. Steam has traditionally been the preferred heating medium.
As asset integrity and reliability managers, risk-based inspection (RBI) and corrosion analysts, and inspectors and contract inspection firms across asset-intensive industries look to optimize their mechanical integrity programs, there is a paradigm shift to implement a comprehensive, scalable and sustainable fixed-equipment reliability program to meet increasing reliability demands.
Hydrocarbon facilities are operating differently and managing more pressures than they did just 5 yr–10 yr ago.
Uncertainty in global hydrocarbon markets has led to the tightening of belts on capital expenditures while new capacity comes online, driving prices lower and pinching profit margins.
Digitalization has impacted the world of refining for the past several decades.
Incorporating digital technologies into refining and petrochemical operations is not new to the hydrocarbon processing industry (HPI).
One of the biggest challenges to the crude oil refining industry over the past decades is the development of technologies capable of reducing the environmental impact of crude oil derivatives, while also raising their performance.
South Korea's S-Oil said on Wednesday it sees regional refining margins in 2023 remaining elevated over pre-2022 levels, though the company posted a loss in the fourth quarter of 2022 on a fall in oil prices during the period.