Digital transformation in oil and gas: Is the hype justified and is the industry going far enough?
Until a few years ago, the term Industrial Revolution referred to the significant technological changes that began in the late 1700s with the advent of the steam engine, leading to the mechanization of work and the unprecedented economic growth and prosperity that followed.
In April, ExxonMobil launched its 2018 Basestocks Industry Pulse Report. Supported by survey responses from 300 base oil decision makers around the world, the report reveals their own perspectives into the key market trends and industry drivers in the base oils business.
The oil and gas industry is no stranger to the power of Industry 4.0 solutions that aggregate sensor and planning/forecasting data into a single shared view, as well as deliver valuable analytics and real-time alerting capabilities.
In the recent past, many US refineries have been reconfigured to process heavy opportunistic sour crudes.
The sheer volume of equipment in a refinery—from vessels, columns, huge structures and mazes of pipes to pumps, valves, controllers and instruments—is staggering.
Jenny Hebert and George Yaluris of Albemarle accept the HP Award for Best Catalyst Technology.
The International Maritime Organization’s (IMO’s) 2020 regulation has been described as the most disruptive change to impact the oil industry in the past 30 yr.
Readers have witnessed that throughout the life of the publication, Hydrocarbon Processing has always published information on new technologies to increase efficiency, safety and profitability in downstream processing operations, while introducing techniques to decrease environmental footprint and emissions and produce high-quality, clean fuels and petroleum products for consumers around the world.