Economics

Key instrumentation technologies to tackle the toughest measurement challenges

Oberle, C., Bonkat, T., Emerson Automation Solutions

Just as some people seek out extreme sports, process manufacturing has its extreme applications, and engineers who design for these environments must find ways to safely contain and monitor all manner of dangerous reactions and products.

Risk mitigation procedure following criticality assessment and FMEA

Zou, T., T. A. Cook

In asset performance management (APM), criticality assessment and failure mode and effects analysis (FMEA) are powerful tools that enable the identification of opportunities to minimize asset lifecycle costs during the development of equipment strategies.

Industry Perspectives

Nichols, Lee, Hydrocarbon Processing Staff

This month, Hydrocarbon Processing will be hosting two events—one to showcase the latest in processing technologies in the refining and petrochemicals markets, and the other to provide an update on the latest trends, initiatives and capital project investments in the global hydrocarbon processing industry (HPI).

Separating from the competition: Recovering profits after the pandemic

Christianson, J., Scalco, V., General Atomics

As recovery from the COVID-19 pandemic begins, so will a return to normal life.

Business Trends: The economics of reliability—An interim report on the global refining industry

Krimmel, J., Pinnacle

What is reliability? Most people think reliability is simply a measure of failure, or lack of failure. If something runs for a longer period without failing, then it is more reliable than something that runs for less time. However, reliability is a measure of how often something performs when you want it to.

Executive Viewpoint: Technology to drive decarbonization of the oil and gas industry

Fors, T., Siemens Energy

Hydrocarbon Processing (HP) was pleased to speak with Thorbjoern Fors (TF), EVP of Industrial Applications, Siemens Energy, to discuss the decarbonization of the oil and gas industry and the technologies that are helping companies meet their sustainability goals.

Industry Metrics

Rhodes, Mike, Hydrocarbon Processing Staff

U.S. refinery margins extended their upward trend for the fifth consecutive month, exhibiting the largest upturn relative to other regions.

Digital: ROI is the secret sauce for sustainable digital transformation

Burke, Z., Radix Engineering and Software

Digital transformation is a broad term that can mean vastly different things to different people.

Regional Focus: Russia looks to double petrochemicals and LPG exports by 2025

Gerden, E., Contributing Writer

Russia hopes to become one of the world’s largest producers and exporters of petrochemicals and LPG by 2025 by doubling its domestic output and exports.

Executive Viewpoint: Interconnected neural networks drive breakthrough optimization

Cohen, G., Imubit

We have all learned that technology alone will not improve our operations.