Economics

Industry Perspectives: IMO 2020—What is your say?

Nichols, Lee, Hydrocarbon Processing Staff

In 2020, new International Maritime Organization (IMO) marine fuel regulations will go into effect.

Digital: Seize the benefits of digitalization

Broadbent, M., Wood Mackenzie

Digitalization has been making waves in the energy space, with upstream companies leading the trend with technology that improves efficiency, cuts costs and boosts margins.

Viewpoint: The opportunity for greater growth and value—Considerations for crude-to-chemicals projects

Moore, D., ExxonMobil

Industry players are focused on upgrading to higher-growth, higher-value chemical products.

Africa: Troubled Nigerian refineries hamper petrochemicals growth

Oirere, S., Contributing Editor

Nigeria’s petroleum industry has had its fair share of upheavals, ranging from insecurity that hampers upstream operations to low global oil prices that constrain midstream and downstream investments.

Editorial Comment: HPI spending in 2019 forecast at $375 B

Nichols, Lee, Hydrocarbon Processing Staff

Regulations, feedstock advantages, supply/demand gaps, etc., are resulting in a surge of new capital investments around the world.

Industry 4.0 in the oil and gas business

Lahti, T., Saurus, L., Hellgren, N., Neste Engineering Solutions

The operational cost structure of oil and gas companies is very capital- and labor-intensive.

Capital projects are making a comeback, but are EPC firms ready?

Donnelly, P., AspenTech

After several years of cutting costs to align to the reality of fewer and smaller capital projects, engineering, procurement and construction (EPC) firms are now forging ahead as the industry recovers.

Eight strategies to minimize capital expenditures for a better bottom line

Adib, M., SNC-Lavalin Inc.

The following are eight strategies to help reduce engineering, procurement and construction (EPC) project costs, along with tips to maximize the value of both existing assets and new investments for refiners and producers.

Conceptualizing a mega-integrated refinery and petrochemical complex: A case study

Chaudhuri, S., Dass, T., Fluor Daniel India Pvt. Ltd.

Integration is the new keyword for sustainability and profit in today’s oil and gas market scenario.

Onsite

Nichols, Lee, Hydrocarbon Processing Staff

Dr. Kheng Lau, BP, presented the keynote address on using high-fidelity simulators for training on day two of Hydrocarbon Processing’s International Refining and Petrochemical Conference (IRPC) Americas.