Tank and terminal facility profitability ultimately rests on a handful of key performance indicators (KPIs). The ability to maximize tank capacity utilization—while minimizing the time it takes to load and unload ships, trucks and rail cars—drives the bottom line. All those transfers must happen quickly and accurately, while avoiding product contamination.
This special section details all finalists within each category for the fourth annual HP Awards. The winners will be announced on Oct. 1.
Progress in the driverless car segment has served to illuminate one of the major future goals in industrial and process manufacturing: autonomous operations in process plants—in other words, the autonomous plant. While AO for process plants has received interest from the process automation and control industry, limited serious discussion has taken place in the process operations and IT domains.
Over the next two months, Hydrocarbon Processing will host two separate events for a global audience. One will gather the brightest minds in the industry to share the latest innovations and technologies in the industry, while the other will recognize the leaders in advancing the industry toward safer and more reliable, sustainable and profitable operations. Both events—Hydrocarbon Processing’s IRPC and the HP Awards—will be streamed on digital platforms and free to view.
Refineries and petrochemical plants face similar challenges in daily operations. Each must mitigate risk, anticipate maintenance, optimize operations and minimize expenses. To achieve these goals, plant personnel rely heavily on data to drive decisions.
The coronavirus (COVID-19) has disrupted all sectors of the oil and gas industry, including asset management.
After natural gas is extracted from onshore and offshore sites, it must be transported and processed.
Base layer control is one of the most important stages of a process control system hierarchy for refinery applications.
Shah B., Process Engineering Consultant
It is difficult to categorize or group the many reasons for routine or late changes to a P&ID. Some causes are listed here.
Flares are prominent in hydrocarbon processing operations. From afar, they can be spotted burning with a high or low flame, supported by a tall steel structure