In early 2015, one of the major stories in U.S. oil production was of shrinking storage space for petrochemicals. "Storage is king," proclaimed commodity finance expert Jean...
Blog Category:
Petrochemicals & Refining
Refining Refineries: How to Improve Energy Efficiency, Product Quality, and Yield
Improving refining margins today requires the integration of evolving treatment and conversion technologies into new and existing developments. However, those technologies —...
Examining the Value of Project Management and Execution Planning
Refining the steps of project execution on large capital projects has always been important to maintaining a high level of value and reducing long-term risks over a...
The Key to Solving Oilfield Optimization Problems
Discussing the "oil price rollercoaster," Microsoft Senior Business Development Manager Nives Stanfelj stated in June 2015 that "over 100 large [oil] projects exceeded...
Predesign, Standardization, and Profitability: What You Need to Know
As volatility in the oil and gas market continues to affect companies' bottom lines, they remain vigilant in finding ways to minimize financial risk and accelerate their...
Managing the Challenges of Decommissioning
Any long-term strategy of an offshore oil and gas production company will likely include offshore platform decommissioning. After years of production, the wells eventually...
Weighing Variables Critical to Optimal Pipeline Route Selection
Effective pipeline routing requires careful consideration of many different social, environmental, and geographical factors. This has become especially true in recent years...
Innovation of LNG Carriers Continues
In the late 1950s, engineers put their theories to the test and converted a World War II cargo carrier into a prototype LNG carrier called the Methane Pioneer. After...