Americas
Venezuela resumes light oil shipments to Cuba
HOUSTON (Reuters) -- Venezuela resumed exports of light crude to its political ally Cuba in March after an eight-month pause that led to a production halt at the island's jointly-owned Cienfuegos refinery, according to internal data from state-run PDVSA seen by Reuters.
German minister to try to persuade US to remain in climate pact
BERLIN (Reuters) -- German Environment Minister Barbara Hendricks said on Tuesday she would seek to convince the administration of US President Donald Trump to remain part of the Paris Climate Agreement during her trip to the United States later this month.
Big short position on biofuels generated profit for Icahn's refiner
NEW YORK (Reuters) -- Carl Icahn's big bet on falling prices for biofuels credits generated a rare profit in that area last quarter for the billionaire investor's refining company CVR Energy, according to public filings.
Equipment critical analysis: The need for an effective maintenance program
Oil refineries and large petrochemical plants contain thousands of pieces of process and utilities equipment that are subject to wear, erosion, deterioration, aging, etc., resulting in increasing breakdowns and outages. Imagine being a maintenance engineer and receiving 50 work orders during an overhaul with a limited budget, time, labor, spare parts, tools, machines, etc. How does that engineer prioritize the work?
Global: The future growth of Argentina’s oil and gas industry hinges on additional investments
Attracting new investments is vital to revive the Argentine oil industry. It is essential to involve multinationals, due to the lack of financial resources of the Argentinian government. The modernization of the country’s downstream infrastructure is crucial to improve productivity, and the nation will need international support to obtain profitable results.
Automation Strategies: Adopting the IIoT: How the industry needs to rethink IT and OT relationships
For the connected enterprise, what was once just a futuristic ideal is now becoming a reality. Step by step, organizations are beginning to put together the pieces of the Industrial Internet of Things (IIoT).
Global Project Data
A global LNG supply glut has put many mega-LNG projects in doubt in 2017. This predicament has many industry experts heralding it as the end of the mega-LNG project era.
Business Trends: Human reliability—a disruptive innovation
Annual bottom-line losses due to equipment failures total more than $100 MM at major refineries and petrochemical complexes. Corporate executives charge plant personnel with improving the reliability of the facility.
Editorial Comment: Maintenance—a value-added expense
This issue of <i>Hydrocarbon Processing</i> tackles one of the most integral aspects of the downstream industry (or any industry, for that matter): maintenance and reliability. These two terms go hand-in-hand and help to ensure efficient and safe operations.
Installation of liquid sulfur degassing processes in existing SRUs
Over the last 35 yr, more companies worldwide have installed liquid sulfur degassing processes in their sulfur recovery units (SRUs) to minimize the dangers of the release of hydrogen sulfide from the produced elemental sulfur.
- INEOS to invest €250 MM in Lavera cracker modernization project in France 11/19
- BASF adds ISCC EU certification to certified biomass-balanced methanol portfolio 11/19
- Siam Cement to invest an additional $500 MM in Long Son chemical complex 11/19
- Ducor Petrochemicals, Blue Circle Olefins partner to create a fully circular supply chain for polypropylene 11/18
- World's first: Air Liquide’s innovative technology converts ammonia into hydrogen at industrial scale 11/18
- Borouge to supply advanced polyolefin solutions for next-generation vehicles 11/18
