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Five key questions for Turnarounds during COVID-19

Many refineries and petrochemical plants worldwide are altering their turnaround schedules as a means of reducing COVID-19 impact. However, there is critical work that cannot be postponed without jeopardizing assets’ loss of “license to operate”. In this whitepaper we pose five key questions for Turnarounds during COVID 19.

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European refining 2050: Turning the vision into reality

Europe’s refiners, through their industry organization Fuels Europe, have set out their long-term ambitions in a new program called Vision 2050. Putting this vision into practice will require Europe’s refiners to rethink and rebuild their long-term strategies, along the way transforming their organizations into modern, flexible knowledge-based enterprises. Read more in this market insight by KBC Chief Economists.

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Is the maintenance function in need of some maintenance?

The key to getting value from technology advances in maintenance is to deeply understand your organization’s fundamental aims and direction, challenge assumptions and approximations and incorporate a structured change management process.

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Energy Management Information Systems evolve to see the bigger picture

Poorly designed and overly simplistic energy performance indicators often drive energy savings at the expense of product yield or quality. However, a well-designed energy management information system can minimize energy cost without impacting production and, in some cases, can even enhance process performance.

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Improving energy and sustainability with cloud-based services

A Co-Pilot in the Cloud enables collaboration between process plants and service providers to improve operations.

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Harnessing IT/OT convergence for operational success in the power industry

In the power industry, the future is meeting the present head on as a wave of digitalization crashes over industrial control systems that are, in many cases, decades old. Operational excellence for these companies increasingly depends on how efficiently their IT interacts with their OT. In large power companies, this kind of inter-departmental alignment is difficult enough. However there are also external factors that make it even harder.

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Reliability engineers are wasting your time only telling you about reliability

The focus should be on providing information and understanding directly to the decision makers in a way that drives the business as a whole to make improvements in reliability.

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US oil and gas downstream pivots to digitalization to sustain excellence

The timely combination of US tax reforms and changes to the global bunker fuel specifications in 2020 are poised to turn US oil and gas downstream into a cash generating machine. Our Chief Economists believe the net result will be US refiners flush with cash and looking for more investments to improve their bottom line.

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Future of Energy special report

Demand and supply of oil and gas are set to change, but it is likely consumption will continue to rise for some time, despite environmental pressures. Find out more, with comment from our Chief Economist Stephen George, in the latest ‘Future of Energy’ report published in The Times.

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Aggressive optimization programs are critical for the survival of marginal refiners

The global refining industry is constantly evolving and responding to new crude supplies and sources, more stringent fuel/product specifications, perpetually changing demand patterns and other global and regional trends. Increased competition from large, efficient refineries is forcing small- to mid-sized refiners to rethink their strategies to remain competitive.

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