Environment

Project Management: How human intelligence and AI are driving project planning in the oil and gas industry

The science of project planning has something of a tenuous reputation. How often do large oil and gas capital expenditure (CAPEX) projects really come in according to plan? Almost never. Indeed, 30% of respondents to a 2018 PWC survey said they had experienced cost overruns of 10%–50% on their Middle East capital projects.

Cybersecurity visibility and resilience: Keys to protecting HSE/margins in operations

As digitalization accelerates in today’s downstream refining and petrochemical facilities, operators need to stay ahead of ever-growing cyber vulnerabilities in the operational technology (OT) layer—prime targets for threat actors—that may not be covered by traditional IT safeguards. Unfortunately, too often, that is not the case for a variety of reasons.

Brazilian developments in the biofuels market

Since the 1970s, Brazil has been a world reference in automotive biofuels, especially bioethanol produced from sugarcane. In 1973, the Organization of the Petroleum Exporting Countries (OPEC) forced a sharp rise in oil prices, triggering a massive slowdown in the country’s economic growth, which had been going through what was dubbed the “economic miracle,” with growth at an average of 12% of GDP. This study gives an overview of the biofuel sector in Brazil, along with the main business challenges and opportunities in this area.

Circular economy: Getting in the door of opportunity ahead of a vanishing polymer market

Significant change is coming to the hydrocarbons industry. Up to 43% of the global conventional polymer production expected by 2040 may disappear due to circular economy (CE) initiatives. In addition, due to the growth in wind turbines and solar panels, and in lightweight composite materials in cars and planes, advanced materials waste is just beginning.

Onsite

Business Trends: EPC 2030: Five vital characteristics that will define the EPC firm of tomorrow

The state of the global engineering, procurement and construction (EPC) industry can accurately be described as “challenging.” Operating in an environment of volatile, uncertain, complex and ambiguous conditions, EPC firms are facing unsustainable levels of stress.

Industry Perspectives: Petrochemicals surge despite possible future roadblocks

Over the past several years, investments in petrochemicals capacity additions have skyrocketed. Hundreds of billions of dollars have and will be invested in additional petrochemicals units and complexes.

Can ammonia be a future energy storage solution?

Ammonia is well known as a fertilizer. However, it is also a potential carbon-free fuel and an excellent solution for storage of renewable electricity, especially if the syngas needed for producing the ammonia is made by electrolysis.

Digital: Better maintenance through better data

When I talk to professionals in the refining and petrochemical businesses, they are always interested in how new technologies can improve operational efficiency, make plants safer and increase profitability.

Executive Viewpoint: Succeeding against cyber attacks

No doubt exists that the added connectivity that modern control and automation systems deliver offers a myriad of benefits. By embedding computing within the process and utilizing edge and cloud technologies, it can provide greater visibility. It creates a digital thread for the plant and allows both equipment and the processes to be analyzed, as well as giving prescriptive advice.