Economics
Editorial Comment: Optimizing operations by advancing process controls, instrumentation and automation technologies
When driving by or visiting a refinery or petrochemical plant, one cannot help but gaze at the expansive sea of metal towers.
Fired heaters in the process industries: Optimizing operations and minimizing emissions
The process industries, which include chemicals, metals and mining, oil and gas, petrochemicals, pulp and paper, and refining, are very energy intensive
Improving process pumps requires technical and managerial action
For many years, manufacturers have emphasized low price over high reliability.
Business Trends: A sustainable future—Unraveled
With the prominence in the oil and gas industry around sustainability, it is worthwhile to examine what it means to be “sustainable.”
Creating a roadmap for professional skills in Industry 4.0
The oil and gas industry has overcome many challenges by keeping up with technology advances, achieving cost-effective practices and meeting energy efficiency requirements.
Extracting business value from digitalization in oil and gas
Most oil and gas companies are investing in digitalization; however, they often fail to move beyond proof of value (PoV) or pilot projects.
Reboiler pinch: An approach to optimize flare system design during FEED
A process plant’s pressure relief and flare systems are critical safety elements.
FTO: An enabling emission control technology for petrochemical plant expansions
For the petrochemical industry, the U.S. Gulf Coast (USGC) has the locational advantage of proximity to cheap feedstock, and to an abundance of pipeline infrastructure and terminals for export markets.
Digital: Enable reliable operations in a volatile oil and gas market
Hydrocarbon processing businesses increase profitability and survivability by optimizing production and/or reducing expenses to maximize profitability—or in the extreme, cash flow.
South America: State reform to boost investment attractiveness of Brazilian refining
Brazil’s refining industry is on the verge of large-scale change. Its recent steps toward de-monopolization and liberalization, as well as the divestment of refining assets by state-owned oil major Petrobras, are propelling Brazilian refining in a more attractive direction for investment.
- Valmet to acquire Severn Group to strengthen Process Performance Solutions segment 12/22
- World’s first dynamic green ammonia plant starts operations in Denmark 12/22
- Baker Hughes to supply liquefaction equipment for Commonwealth LNG export project 12/22
- South Korea petrochemical firms on track to cut up to 3.7 MM tons of output 12/22
- MOL and JERA sign HoAs for the charter of ammonia carriers 12/22
- China's November fuel oil imports up 15% from October 12/22
