Economics
Business Trends: The economics of reliability—An interim report on the global refining industry
What is reliability? Most people think reliability is simply a measure of failure, or lack of failure. If something runs for a longer period without failing, then it is more reliable than something that runs for less time. However, reliability is a measure of how often something performs when you want it to.
Industry Perspectives: Will capital investments increase in 2021 and beyond?
Over the past several years, the world witnessed a significant increase in downstream capacity growth in all sectors of the hydrocarbon processing industry (HPI). However, the COVID-19 pandemic caused a significant decline in demand for transportation fuels and certain petrochemical value chains.
Executive Viewpoint: Technology to drive decarbonization of the oil and gas industry
<i>Hydrocarbon Processing</i> (HP) was pleased to speak with Thorbjoern Fors (TF), EVP of Industrial Applications, Siemens Energy, to discuss the decarbonization of the oil and gas industry and the technologies that are helping companies meet their sustainability goals.
Industry Metrics
U.S. refinery margins extended their upward trend for the fifth consecutive month, exhibiting the largest upturn relative to other regions.
Digital: ROI is the secret sauce for sustainable digital transformation
Digital transformation is a broad term that can mean vastly different things to different people.
Regional Focus: Russia looks to double petrochemicals and LPG exports by 2025
Russia hopes to become one of the world’s largest producers and exporters of petrochemicals and LPG by 2025 by doubling its domestic output and exports.
Executive Viewpoint: Interconnected neural networks drive breakthrough optimization
We have all learned that technology alone will not improve our operations.
Editorial Comment: Petrochemicals: Changing technologies and configurations to satisfy future demand
For nearly a decade, capital investments in new petrochemical capacity have skyrocketed. This
Strategies to minimize piping thermal maintenance system cost without compromising performance
Where process fluid must be maintained within a certain operating temperature window, the piping will likely require the application of a thermal maintenance system.
Best practices for pygas-based styrene extraction
Pyrolysis gasoline (pygas) is a by-produced fraction of hydrocarbons generated from a steam cracker.
- CNOOC completes construction on $2.9-B, 1.8-MMtpy integrated complex in east China 8/22
- bp's Whiting refinery (U.S.) continues to flare days after severe thunderstorm 8/22
- Bachmann introduces latest version M-Target for Simulink 8/22
- U.S. to rule on biofuel waivers, but big oil refiners may need to wait 8/22
- Chinese independent refiner Hongrun buys Canadian, Brazilian crude 8/22
- Ukrainian attack suspends Russian oil flows to Hungary, Slovakia 8/22
