KBC - success stories in the energy and chemical industry
Profit improvement, managing operating goals, production & yield accounting. Following IMO 2024, the cost per barrel of high sulfur bunker fuel is expected to drop significantly. A Mediterranean refinery approached KBC to perform a fuel oil production minimization study.
BASIC TECHNOLOGY CAN IMPROVE REFINERY PROFITSThe key to enhanced refinery profitability is the application of basic engineering technology at the functioning level of the process equipment
Refinery-profitability statistics begin | Oil & Gas Journal
The refinery profitability series is an analysis of profit margins for operations based on current prices and Muse's estimates of typical feedstock and product slates and operating costs for each
explore and select factors that could provide the means to the refinery for improvement in the profitability. I am very glad to have been given the opportunity to study International MBA for which I am grateful to the management of Bongaigaon Refinery & Petrochemicals Limited (BRPL).
REFINERY ECONOMICS AND MARGIN IMPROVEMENT
This program combines a survey course, designed for anyone interested in the economics of the petroleum refining industry, with a more in-depth look at opportunities to improve refinery profit margins. It is ideal for refinery planning personnel, refinery engineers, product marketers and those in refinery coordination groups.
v. Profitability improvement plans for local or plant-level modifications, and revamp projects. Although the potential benefits of production planning optimization in oil refineries have long been observed with applications of linear programming in crude blending and product pooling (Symonds, 1955), refinery planning is currently a
Refinery Economics and Profit Improvement by Euro
Ensuring Profitability in an Ever-Evolving Global Energy Scenario. In the contemporary refining world, where process technology, profitability improvement, data management and global business aspects of the industry are inseparably linked, it is vital that all technical staff understand the key business components, and are trained in varied disciplines.
The Economics of Petroleum Refiningence investment decisions and determine refinery profitability.cost of the now shelved project by Irving Oil to build a sec-ond 300,000 bpd refinery in Saint John, NB was estimated at $8+ billion. The projected cost of the proposed 550,000
Energy Optimisation of Oil Refineries - PetroKnowledge
Why Choose this Training Course? This Energy Optimisation of Oil Refineries training course is uniquely designed as a tool-box that provides an insight into the variety of energy optimisations topics - offers the knowledge of the Best Practices in energy and prepares the refinery energy managers, process engineers and technical staff involved in energy and the top management’s energy
Profit Improvement Program services from KBC. By applying rigor to our analysis through use of accurate and reliable process models, depending on plant size, a typical PIP from KBC can deliver measurable benefits of more than $100 million.
Refinery Economics | EME 801: Energy Markets, Policy
The crack spread, of course, is not a perfect measure of refinery profitability. What it really measures is whether the refinery will make money at the margin – i.e., whether an additional barrel of crude oil purchased upstream will yield sufficient revenues from saleable products downstream.
Automation Enhancing productivity and energy efficiency
ABB in the oil refining and downstream industries. ABB in the oil refining and downstream industries l Enhancing productivity and energy efficiency of oil refineries, terminals and downstream complexes. 3. Environmental and energy efficiency ABB’s refining customers are environmentally responsible . companies in a very challenging industry.
Case note MEGADRIVE-LCI soft starter increases
Case note MEGADRIVE-LCI soft starter increases profitability of oil refinery The high costs of operation for the two 5500 kW motors, that operate the hydrogen compressors, led PEMEX to invest in a more efficient and cost effective solution. Thus, PEMEX decided to retrofit the existing motors with two MEGADRIVE-LCI soft starters from ABB.
Oil refinery
An oil refinery or petroleum refinery is an industrial process plant where crude oil is transformed and refined into more useful products such as petroleum naphtha, gasoline, diesel fuel, asphalt base, heating oil, kerosene, liquefied petroleum gas, jet fuel and fuel oils. Petrochemicals feed stock like ethylene and propylene can also be produced directly by cracking crude oil without the need
Extending the Profitability of Refineries/Petrochemicals
“Extending the Profitability of Refineries/Petrochemicals Operations” With the lower price of crude, downstream operations become profit centers and a mainstay in earnings! Looking for value-added to sustain this profitability and even increase it is therefore paramount.
REFINING & PETROCHEMICALS Challenges in Achieving
Instead, a renewed focus on technology and efficiency will improve profit outlooks. Much like other sectors of the oil and gas industry, a lot can be learned from process efficiency in other sectors of the economy, as well as more effective data management and analysis to reduce loss from unscheduled downtime.
Oil Refinery Cost Management Training Course in Dubai
Oil refinery cost management will provide a comprehensive review of the various aspects of refining cost management, which is the cornerstone for a viable plant profitability and optimization. This training course will highlight: Lectures, tutorials and group work in all areas of refinery cost management
Improving Oil Refinery Productivity through Enhanced Crude
The highlighted case study was carried out duringthe period from 2007 to 2009 in one of the biggest oil refineries in the Middle-East with a total refining capacity of 100,000 Barrels/day, equivalent to about 665 m 3 h-1 and is classified as a Complex Oil Refinery producing a variety of products, such as LPG, gasoline, jet fuel, gas oil, green
Corporate dashboards for integrated business
Managing the inherent tradeoffs in decisions in business and engineering processes are most essential to an oil refinery's success and profitability. A typical oil refinery business process consists mainly of crude procurement, sales, inventory, transportation (delivery), and others .
Economic Optimization of Refining Operations – Ifp Training
understand the notion of break-even point (as an evaluation tool for assessing the resilience of a refinery to economic changes), comprehend ways to optimize refinery operations, crude oil selection and product manufacturing, in order to improve profitability, gain a working knowledge in decision-making regarding future investments,
More Effective & Profitable Refinery Management
More Effective & Profitable Refinery Management COURSE AIMS : The aims of this course are to help Plant Managers, Senior Engineers and Senior Technologists at NIORDC to develop strategies, tools, techniques, knowledge and insights that will allow them to improve the effectiveness and, therefore, safety and
PLANNING AND SCHEDULING FOR PETROLEUM REFINERIES USING
Planning and Scheduling for Petroleum Refineries 209 Brazilian Journal of Chemical Engineering, Vol. 19, No. 02, pp. 207 – 228, April – June 2002A typical oil refinery generates several streams that are blended in order to specify a commercialallows evaluation of the profit improvement margin that can be achieved with planning
Refining: High-impact challenges in today’s global
November 2024 Columns Refining: High-impact challenges in today’s global refining market. To stay competitive and thrive in today’s uncertain and volatile energy market that is characterized by major shifts in supply and demand dynamics, refiners must find ways to increase operational efficiencies, maximize productivity and produce refined products at lower costs.
