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Executive Viewpoint: Fuels and petrochemicals will continue to help humanity thrive
A 15-yr rise in U.S. exports of refined products continued in 2019 with the nation exporting more than ever, underscoring the importance of these products to fueling a growing world. In the latter half of the last decade, U.S. petrochemical production capacity increased—with more than $20 B invested in domestic petrochemical projects in the last 2 yr alone—and exports of petrochemicals and petrochemical feedstocks rose, as well.
Editorial Comment: Adopting digital technologies to enhance operations
What is the future of refining and petrochemical operations? One trend that has been the focus of many articles, whitepapers and conference presentations is the digital transformation of the hydrocarbon processing industry (HPI).
Inspection: A practical approach to internal inspection of pressure equipment
Internal inspections of pressure equipment involve a full inspection of the equipment. Inspection engineers and inspectors depend heavily on internal inspections to retrieve useful data, which includes information on active degradation mechanisms, corrosion rates, remaining equipment life, failure occurrences and failure expectations, among other critical details.
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.
Digital: How digital tools improve access to device information
Welcome to the future! The plant runs fully automated; robots glide silently back and forth, ensuring an optimized process; and your maintenance technician—with a few keystrokes—can tell you exactly how each piece of equipment is running. The promise of the Industrial Internet of Things (IIoT) has been delivered.
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.
Roundtable: The skills gap: How to bridge it and how to close it
The skills gap is not a new phenomenon for the oil and gas sector. An aging workforce and increased competition for tomorrow’s technical talent have left the industry nervous about its future. On the heels of the 2019 Global Energy Talent Index (GETI), a panel of experts came together to discuss the sector’s ongoing struggle with the skills gap and what oil and gas/energy companies can do about it.
Digital: Technologies are advancing industry beyond alarm management
Let’s face it, alarm management is a fully mature body of knowledge. Since the mid-1990s, industry has improved thousands of alarm systems, transforming them from overloaded nuisances to valuable operator tools for abnormal situation detection and response.
Editorial Comment: Processing a sustainable future
An emerging topic along the entire oil and gas value chain is the move toward <i>sustainability.</i> Each company has a somewhat different definition of what sustainability means to its operations.
- Chiyoda, AVEVA forge strategic partnership to power plantOS with AVEVA CONNECT 6/27
- SABIC announces closure of Olefins 6 facility in Teesside, UK 6/27
- LyondellBasell's polyolefin technologies selected by SHCCIG Yulin for petrochemicals complex in China 6/27
- Damaged unit of Iran's South Pars refinery back operating 6/27
- hte conducts research for JGC to advance decarbonization by identifying suitable catalysts for ammonia cracking 6/26
- TES and CPC Finland to develop 500-MW e-NG project in Finland 6/26
