Refineries consume large amounts of energy and water to refine crude oil into products. Up to 10% of crude oil’s energy content is consumed during processing, and it takes 1.5 bbl of water to process one barrel of crude oil. Refining processes also generate large quantities of excess thermal energy that needs to be expelled into the environment using a once-through or recirculating cooling system.
Downstream executives will remember the present decade as a golden age for the industry, driven by low feedstock prices and healthy end-use demand.
Cheviron, G.,
Martinez Gacio, J.,
Mitschler, M.,
Le Coz, O.,
Yallambalse, M.,
Schwalje, D., Axens
Bio-based, renewable fuels and chemicals can reduce the environmental footprint of maintaining global transportation and product demands, while also supplementing traditional fossil fuels in a global environment with increasing energy demand.
Refineries worldwide often face practical challenges and operating issues when processing opportunity crude oils to maximize profit margins.
For most oil refiners and chemical producers, the need to improve margins and remain competitive has never been greater.
China aims to grow its domestic petrochemical production during the next 5 yr–7 yr, driven by the ongoing modernization of major production facilities and an increase in foreign investments.
Hydrocarbon Processing, the downstream processing sector’s leading technical publication, has announced the finalists for its third annual awards.
Tank farms are often found on the premises of large refineries and petrochemical plants, or nearby.
Refineries worldwide often face practical challenges and operating issues when processing opportunity crude oils to maximize profit margins.