Petrochemical demand will increase with gross domestic product, while motor fuel demand will only show modest growth and may even decline in certain regions, given environmental/legislative pressure and the introduction of battery-powered electric vehicles.
U.S. Gulf Coast margins increased, supported by unplanned refinery outages that limited a stronger recovery in run rates and kept product outputs relatively supressed.
For those who have been in the refining industry for many years, it is obvious that significant changes are occurring.
Linear programming (LP) is an optimization modelling technique in which a linear function is maximized or minimized when subjected to various constraints.
IRPC Process Technology: The latest advancements in process technologies
“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness…”. Fortunately, this opening line from A Tale of Two Cities does not often present itself as an appropriate analogy to the oil and gas industry. Yet, here we are.
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.
The U.S. Environmental Protection Agency (EPA) introduced Tier 3 gasoline sulfur standards in 2017, requiring all U.S. gasoline producers to adhere to an annual 10-ppm average sulfur limit.
Alkylation is a process used to produce highly branched isoparaffins from the reaction of lighter olefins and isobutane in the presence of sulfuric acid as a catalyst.
U.S. refinery margins extended their upward trend for the fifth consecutive month, exhibiting the largest upturn relative to other regions.