No doubt exists that COVID-19 is disrupting the oil and gas industry. Oil prices are falling, demand is down, supply is up, and storage capacity is limited. In these difficult times, the industry must swiftly act to keep business viable to come back strong when conditions improve.
Refinery margins in the U.S. Atlantic basin rebounded. Deeper refinery intake cuts, as well as the low feedstock price environment, helped offset unappealing demand-side signals.
Base layer control is one of the most important stages of a process control system hierarchy for refinery applications.
The consistent global trend toward improvements in air quality and tighter regulations on emissions, as well as the International Maritime Organization’s shipping regulations, continue to mitigate sulfur levels—not only in conventional transport fuels (petrol and diesel), but also in jet fuels, fuel oils and other heavier distillates.
Refinery margins came under added pressure, affected by the downturn in product consumption inflicted by COVID-19 pandemic lockdowns.
Rovuma LNG, a JV comprised of ExxonMobil, Eni and China National Petroleum Corp., will likely delay its final investment decision (FID) on the group’s $30-B Mozambique LNG project.
Rapid crude yield (RCY) combines a detailed hydrocarbon analysis of the front end (DHAFE) with high-temperature simulated distillation (HTSD), creating a true boiling point (TBP) curve for a crude oil sample.
Given increasingly stringent automotive specifications and the advent of the International Maritime Organization’s 2020 sulfur regulations, the continued decrease in Group I base stocks demand should come as no surprise for anyone in the industry.
An innovative refinery process arrangementa converts butane-rich, light paraffinic streams—preferably containing a high proportion of isobutane—into butylene by dehydrogenation.
According to the International Association of Oil and Gas Producers (IOGP), there were 31 fatal incidents across the industry in 2018.