Oil and gas investments are diversifying as the industry leans toward a more digitally conducive environment. Asset analysis was initially evaluated based on an asset’s technical parameters, pricing and operationality. In this new digital world, however, variables such as service quality, innovation, compliance, flexibility and scalability require quantification. Refinery data continues to be critical to evaluate investments, but is often incomplete.
Total plans to take a final investment decision (FID) on the Nigeria LNG expansion project by the end of this year. If greenlighted, the 7-MMtpy LNG train would increase the Bonny Island LNG terminal’s capacity to nearly 30 MMtpy. If built, Train 7 is expected to be operational by 2023.
Due to Tropical Storm Imelda, Hydrocarbon Processing issued its first force majeure in postponing the third annual HP Awards.
The fluid catalytic cracking unit (FCCU) is a conversion unit located at the heart of many refineries. Its main purpose is to crack crude oil-derived feedstocks into valuable liquid products, primarily LPGs (propylene and butylenes), and gasoline and light-cycle oil (LCO) precursors. The process uses a fluidizable catalyst, comprising an alumina-silica framework and tailored for each refinery to meet its specific needs. Often, the changing of a catalyst includes catalyst testing evaluations, employed by about 50% of the FCCUs in the world. The testing process is cumbersome, in which multiple methods are available to refineries.
Hydrocarbon Processing, the downstream processing sector’s leading technical publication, has announced the winners for its third annual awards. The HP Awards celebrate innovative technologies and people that have been instrumental in improving facility operations over the past year.
Downstream executives will remember the present decade as a golden age for the industry, driven by low feedstock prices and healthy end-use demand.
In early September, Hydrocarbon Processing staff learned that the publication was nominated for several publishing awards by Folio magazine.
Opportunities are always available to decrease energy consumption in process units.
The need for a more sustainable energy mix is setting a challenge for refinery operators.
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.