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Capital projects are making a comeback, but are EPC firms ready?
After several years of cutting costs to align to the reality of fewer and smaller capital projects, engineering, procurement and construction (EPC) firms are now forging ahead as the industry recovers.
Eight strategies to minimize capital expenditures for a better bottom line
The following are eight strategies to help reduce engineering, procurement and construction (EPC) project costs, along with tips to maximize the value of both existing assets and new investments for refiners and producers.
Conceptualizing a mega-integrated refinery and petrochemical complex: A case study
<i>Integration</i> is the new keyword for sustainability and profit in today’s oil and gas market scenario.
Business Trends
The oil and gas industry is at a turning point.
Roundtable: Digital transformation in oil and gas: Is the hype justified and is the industry going far enough?
Digital transformation in oil and gas: Is the hype justified and is the industry going far enough?
Viewpoint—Industry 4.0: Demystifying the next big thing in oil and gas
Until a few years ago, the term Industrial Revolution referred to the significant technological changes that began in the late 1700s with the advent of the steam engine, leading to the mechanization of work and the unprecedented economic growth and prosperity that followed.
Refining—The evolving base oil industry: The Group 1 shift
In April, ExxonMobil launched its 2018 Basestocks Industry Pulse Report. Supported by survey responses from 300 base oil decision makers around the world, the report reveals their own perspectives into the key market trends and industry drivers in the base oils business.
Bringing Industry 4.0 to the terminal
The oil and gas industry is no stranger to the power of Industry 4.0 solutions that aggregate sensor and planning/forecasting data into a single shared view, as well as deliver valuable analytics and real-time alerting capabilities.
Process design consideration for a deep-cut vacuum distillation unit—Part 1
In the recent past, many US refineries have been reconfigured to process heavy opportunistic sour crudes.
Improve refinery production and efficiency with asset monitoring
The sheer volume of equipment in a refinery—from vessels, columns, huge structures and mazes of pipes to pumps, valves, controllers and instruments—is staggering.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
