Refining

Building blocks of process safety

Major incidents continue to strike the oil and gas industry at regular intervals.

People

BCCK Holding Co. (BCCK) has appointed Bob Swann as Director of project management and controls.

Business Trends: Understanding the viewpoints that shape the ever-evolving base oil landscape

In April, ExxonMobil launched its <i>2018 Basestocks Industry Pulse Report.</i>

Industry Perspectives: Refining’s real growth is through secondary unit capacity

According to multiple industry reports, the global refining sector will add between 7 MMbpd and 8 MMbpd of new crude distillation unit (CDU) capacity by the early 2020s.

Innovations

Global Project Data

According to <i>Hydrocarbon Processing</i>’s Construction Boxscore Database, there are nearly 470 active refining projects around the globe.

Industry Metrics

US margins recorded losses as crack spreads declined for all products except fuel oil, despite lower refinery crude intakes.

Viewpoint: Oil and gas downstream looks to digitalization for sustained excellence

The combination of US tax reforms and changes to global bunker fuel specifications in 2020 as part of the International Maritime Organization’s (IMO’s) new regulations are set to turn the US oil and gas downstream into a cash cow.

Software: Operations intelligence software for real-time visibility

The tiny company town of Sinclair sits in south-central Wyoming.

Digital: Riding the digital transformation wave

For refiners, the future is full of uncertainty. Due to market forces—e.g., the macroeconomics of oil and gas supply and demand, the increasing demand for petrochemicals and new marine low-sulfur fuel requirements—organizations are faced with many business challenges that require increasingly flexible operations.