Management

Risk: Navigating energy volatility: Understanding the principles of commodity risk management

Echols, J., Crowley, G., Opportune LLP

The persistent volatility of energy prices is well known, and sustained price movements have fueled a boom-and-bust cycle in different energy sectors for decades.

Editorial Comment: The true essence of optimization

Nichols, Lee, Hydrocarbon Processing Staff

What is the first thing that comes to mind when we hear the word optimization?

Industry Perspectives: What topics do you want to hear about?

Nichols, Lee, Hydrocarbon Processing Staff

Throughout Hydrocarbon Processing’s 97 yr of publishing technical material for the refining and petrochemical industries, the journal has focused on numerous topics to optimize downstream processing facility operations.

The new normal in petrochemical revamp projects

Prajapati, J., Sheth, C., Nilesh Mangukia, Linde Engineering

You have made the decision to increase plant capacity—with a change in feed—in the existing facility.

Equipment life assessment—An exercise to help ensure plant equipment integrity and reliability

Anwer, A., Contributing Editor

Numerous plants around the world operate with hazardous oil and gas, petrochemicals and refining fluids that have surpassed their design life.

Mitigating corrosion challenges from opportunity crudes

Wold, K., Emerson Automation Solutions

High-quality crudes are not always readily available, or at a price that is acceptable to the producer’s budget.

The benefits of automatic batch distillation

Process control methods have been applied to batch distillation of crude oil and intermediate oils performed in the Chevron DPST labs in Richmond, California.

Welded plate heat exchangers cut refinery process costs—Part 2

Broad, R., GESMEX Exchangers GmbH; Kauders, P., CDE Projects Ltd.

Plate-and-frame (P&F) heat exchangers were first manufactured 100 yr ago for use in the dairy industry.

Committee to decide fate of idled refinery

An advisory committee will decide the future of a 209,000-barrel-per-day refinery that remains idled amid sanctions on the operator.

Case study for a high-performing refinery loss control program

Valentine, J., Emerson Automation Solutions; Videla, R., YPF

Most refineries have some sort of mass balance and loss control program in place for accounting, planning and scheduling, as well as for financial and operational evaluation purposes.