This two-part article will cover the seven pathways to decarbonizing the oil and gas and petrochemical industries.
The author’s company recently completed its data analysis for the 2020 Worldwide Fuels Refinery Performance Analysis (Fuels Study).
Plastic pollution’s environmental challenges, as well as new government legislation, are having a significant impact on the plastics industry.
Among the dominant, far-reaching themes within the global refining and petrochemicals industries are the increase in biofeedstocks processing to produce biofuels and greener petrochemicals, the continued push towards clean fuels production, regulations and initiatives to adhere to net-zero emissions targets, and a surge in capital investments to build renewables and sustainable aviation fuels (SAF) plants.
One of the challenges in the operation of air cooled heat exchangers (ACHEs) is to decide whether or not to operate under natural convection.
To operate reliably and profitably, oil refineries, petrochemical plants and gas processing facilities must avoid equipment failures.
Oil and gas companies are finding creative ways to look for solutions to new problems in the face of climate change and growing environmental awareness.
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
Investing in firms that champion environmental, social and governance (ESG) issues (TABLE 1) has been discussed for decades but is now moving to the forefront of corporate initiatives.
Many view COP26—the 2021 United Nations Climate Change Conference in Glasgow, Scotland—as a missed opportunity.