Management
Implement effective operational discipline programs to improve process safety performance—Part 1
Operational discipline (OD) describes human behavior in complying with required systems, every time, to consistently achieve organizational goals and overall operational excellence.<sup>1,2</sup>
Avoid costly stockouts through inventory sharing
Inventory sharing, per se, is not a new concept; rather, it is a popular practice in the wholesale and distribution business.
Executive Viewpoint: Edge computing in the COVID-19 recovery period
As the COVID-19 pandemic forces businesses to rethink standard operations, many are considering how technologies can help in the upcoming period of recovery.
Digital: Optimize plant turnarounds with AI-powered software
How much time and costs can be saved by scheduling with an AI-powered solution?
Executive Viewpoint : The importance of digital twins and cloud-based services
<i>Hydrocarbon Processing </i> spoke with Andrew McCloskey, Chief Technology Officer and Head of R&D at AVEVA, about how digital twins and cloud-based services are used, their benefits and challenges, security issues, etc., as related to the downstream oil and gas, refining and petrochemicals industries.
Reliability: Plan startups wisely and involve SMEs
DE, a retired former colleague of mine, recounted his experience as an expert witness for ABC in litigation against XYZ. (Note that I picked the letters A through M for the plaintiff’s side; N through Z are assigned to the defendants.)
Business Trends: Are chemical companies ready for the future of work?
The COVID-19 pandemic has caused significant, short-term disruption to the chemical industry, potentially leading to long-term impacts.
Safety: Do companies have the right tools to make proactive safety decisions?
A process safety management/operational risk management survey conducted by Sphera in 2020 polled respondents on the following items.
Risk: Escaping the “cyclone market” in downstream energy
To say that the downstream energy sector is facing a time of unprecedented challenge would be the understatement of the decade.
Business Trends: Case EPC-2020: Increasing competitiveness and profits
Prior to the hardships faced during the global pandemic, the engineering, procurement and construction (EPC) industry was already facing several challenges.
- Vertex Energy pauses renewable diesel output to switch back to fossil fuels, citing macroeconomic woes 5/10
- Citgo Petroleum reports Q1 profit of $410 MM 5/10
- Golden Pass LNG in discussions with contractor, may delay startup 5/10
- SAFFiRE Renewables biofuel pilot plant to be developed in Kansas 5/10
- EBRD backs Ukraine's green biofuels project with €60-MM loan 5/10
- Russia's refined oil product exports to Singapore to hit highest this year in May 5/10
