Hydrocarbon Processing Managing complexity in engineering and construction projects It is widely accepted that new management methods are needed to curb the frequent delays and cost overruns observed in engineering and construction projects. HP Flashback: Excerpts from the 1960s: Petrochemicals rise in prominence and new know-how in refining processes Petrochemicals rise in prominence and new know-how in refining processes Business Trends: Insights from the <i>2020 Worldwide Fuels Refinery Performance Analysis</i> The author’s company recently completed its data analysis for the 2020 Worldwide Fuels Refinery Performance Analysis (Fuels Study). High risk, high stakes: Why digitalization is critical for hydrocarbon processing Hydrocarbon processing, by nature, is a high-risk operation. HP Flashback: Excerpts from the 1950s: Capacity expands after WW2 and technologies and maintenance mature The following is a mixture of technical articles, columns and headlines published in the 1950s by Petroleum Refiner, the forerunner to Hydrocarbon Processing. The EPC executive’s challenge and opportunity: Navigating the sustainability shift in capital projects According to an industry report published by McKinsey and Co., accelerating the decarbonization of the U.S. economy to achieve net-zero targets by 2050 will require approximately $275 T of cumulative capital spending over the next 30 yr.1 Business Trends: The economics of reliability: Global chemicals Chemical manufacturers worldwide are navigating an inflection point. Following the pandemic-fueled demand crash of 2020, a strong but stilted recovery unfolded in 2021. Editorial Comment: Advancing maintenance ultimately leads to increased reliability This year, Hydrocarbon Processing is celebrating its 100th anniversary. Throughout this year, the editors are publishing excerpts from past issues. Safe work permit auditing: Is your system providing the expected results? When the challenging position of manager is assumed in a refinery, one of the first orders of business is to “survive” an upcoming process safety management (PSM) compliance audit. Environment and Safety: Building resilience: Why now is the time to invest in natural hazard risk management With extreme weather events growing in frequency worldwide, organizations can do many things to protect their assets and mitigate some of the risks posed by natural hazards.