Economics
Editorial Comment: Corrosion prevention is a necessary cost
Corrosion is a major maintenance and reliability concern because it has the potential to impact not only plant operations and costs, but also the environment and worker health and safety.
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..
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.
Fueling Alberta oil sands fleets with natural gas
Natural gas for diesel replacement is an excellent opportunity for mineable oil sands operations to realize considerable fuel savings.
Business Trends: Special report--Global LNG overview
Liquified natural gas is forecast to become one of the most valuable commodities in the world.
Global Project Data
According to <i>Hydrocarbon Processing's</i> Construction Boxscore Database, new project announcements averaged approximately 25 per month in 2015.
Improve FCC margins by processing more vacuum residue in feed
With the greater processing of heavy crude oils in refineries, the importance of fluid catalytic cracking units (FCCUs) has increased.
Use model predictive control to achieve real-time management of a DWC
A dividing-wall column (DWC) can provide significant savings in energy and capital cost compared to a conventional distillation column design.
HP Global: Forthcoming tax hike could hamper Russian refining
Russia plans to increase the volume of oil it refined this year, despite Western sanctions and the ever-deteriorating business environment, according to an official spokesperson for Alexander Novak, Russia’s minister of energy.
- thyssenkrupp Uhde selected by Dangote Fertilizer Ltd. to license four urea granulation units in Nigeria 11/21
- Indian and Chinese refineries are moving to comply with U.S. sanctions on Russia 11/21
- China's first coal-to-chemicals project with green hydrogen starts commercial operations 11/20
- Norsk e-Fuel and Braskem partner to turn captured carbon into long-lasting products 11/20
- Nigeria's Dangote refinery delays CDU maintenance to end of January 2026 11/20
- Tecnimont attends ground-breaking ceremony of Tengiz Gas separation Complex in Kazakhstan 11/20
