1. Home
  2. Live Updates
  3. 2021 afpm annual meeting virtual edition

Live Breaking News & Updates on 2021 afpm annual meeting virtual edition

Stay informed with the latest breaking news from 2021 afpm annual meeting virtual edition on our comprehensive webpage. Get up-to-the-minute updates on local events, politics, business, entertainment, and more. Our dedicated team of journalists delivers timely and reliable news, ensuring you're always in the know. Discover firsthand accounts, expert analysis, and exclusive interviews, all in one convenient destination. Don't miss a beat — visit our webpage for real-time breaking news in 2021 afpm annual meeting virtual edition and stay connected to the pulse of your community

2021 AFPM Annual Meeting Virtual Edition: Women in Industry—The power of resiliency


2021 AFPM Annual Meeting Virtual Edition: Women in Industry—The power of resiliency
4/12/2021
 
On Monday, the AFPM Annual Meeting Digital Edition hosted its annual Women in Industry event, featuring an inspiring and powerful keynote address followed by table talk discussions on the theme, “The Power of Resiliency.” This event is noted for its focus on empowering women in industry though engaging discussions and for creating excellent networking and learning opportunities.
The session keynote featured guest speaker Eboni Monk Adams, Director of Marketing, Advanced Refining Technologies, and author of “Leading Wise: Inspirational Reflections for Corporate Leaders.” Monday’s session was co-moderated by chemical engineer Christina McDowell, Marathon (retired), and Latoya Britt, AFPM. 

Latoya-britt , Christina-mcdowell , Meeting-virtual-edition , Technical-editor , Meeting-digital-edition , Eboni-monk-adams , Advanced-refining-technologies , Inspirational-reflections , Corporate-leaders , Monk-adams , Advanced-refining

2021 AFPM Annual Meeting Virtual Edition: Building on a 50-year legacy


2021 AFPM Annual Meeting Virtual Edition: Building on a 50-year legacy
4/12/2021
MEAGAN LEWIS, Senior Business Leader, UOP’s Lifecycle Solutions and Technologies; and
MIKE MCBRIDE, Solution Development Lead, UOP.
 
The last year has been like no other in memory, particularly for the oil and gas industry. Global oil demand dropped 9% in the space of a single month and economic activity slowed dramatically as people reflected on how they spend their time and utilize resources. The industry increased its exploration of petrochemicals and other more environmentally friendly sources of energy.
At the same time, this January marked a noteworthy milestone: the 50th anniversary of CCR (Continuous Catalyst Regeneration) Platforming™ technology, which transformed the refining industry by making the elimination of leaded gasoline—the main source of smog and air pollutants—economically practical.

Us-environmental-protection-agency , Honeywell-women-employee-network , Lifecycle-solutions , Solution-development , University-of-illinois-at-urbana-champaign , Loyola-university-chicago , University-of-illinois-urbana-champaign , Meeting-virtual-edition , Senior-offering-manager , Senior-business-leader , Solution-development-lead

2021 AFPM Annual Meeting Virtual Edition: Persevering through unprecedented challenges with a focus on sustainability


2021 AFPM Annual Meeting Virtual Edition: Persevering through unprecedented challenges with a focus on sustainability
4/12/2021
Author:
 
The 2021 AFPM Annual Meeting Virtual Edition kicked off Monday morning both virtually and, for a small number of board members and special guests, live in San Antonio, Texas.
Opening Remarks. Following a brief video history, the 118th Annual Meeting was called to order by Joe Gorder, President and CEO, Valero Energy Corp. “The last 12 months have been characterized by unprecedented challenges,” Gorder said, “but we have persevered, as our incredible industries always do. I’m incredibly proud of how our teams responded, coming to work each day and producing the critical products for PPE and frontline supplies used in the fight against COVD-19, and supplying the fuels that enable the delivery of everything we need to sustain our lives during these trying times.”

Louisiana , United-states , San-antonio , Texas , Americans , Jeff-ramsey , Chet-thompson , Joe-gorder , George-floyd , Valero-energy-corp , Meeting-virtual-edition , Managing-editor

2021 AFPM Annual Meeting Virtual Edition: The economics of reliability: Interim report—Global refining

2021 AFPM Annual Meeting Virtual Edition: The economics of reliability: Interim report—Global refining
hydrocarbonprocessing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hydrocarbonprocessing.com Daily Mail and Mail on Sunday newspapers.

Saudi-arabia , Energy-information-administration , Market-research-at-key-energy-services , International-energy-agency , Baker-hughes , Organization-of-the-petroleum-exporting-countries , Meeting-virtual-edition , Petroleum-exporting-countries , Data-analysis , Market-research , Key-energy

2021 AFPM Annual Meeting Virtual Edition: Predictive model for blend stability analysis


2021 AFPM Annual Meeting Virtual Edition: Predictive model for blend stability analysis
4/12/2021
 
If not managed correctly, the blending of incompatible crude oils can potentially lead to a variety of transportation, storage and upgrading challenges. With the introduction of IMO 2020 regulations, the use of very low-sulfur fuel oil (VLSFO) blends has become more prevalent, and similar challenges associated with preparing viable, compatible blends have emerged. In addition, crude oil incompatibility can increase the stability of water in oil emulsions, presenting a significant challenge to refinery energy consumption, equipment fouling, crude throughput, wastewater compliance and asset integrity.
Unfortunately, the relative stability of a hydrocarbon blend does not directly correlate to its asphaltene content, making it fairly challenging for a refinery’s crude purchasing and planning department to mitigate or predict. Compatibility is vetted based on previous operational experience and arduous, time-consuming laboratory test methods, such as colloidal instability index (CII), crude stability index (CSI) and the oil compatibility model (OCM) that require physical samples be collected and analyzed. The runtime of existing laboratory methods is often prohibitive when crude buyers must consider multiple blend permutations or initiate a transaction immediately. In addition, most of the current models utilized by the industry are not viable for analyzing oils that have a low content of asphaltenes (≤ 0.5%), presenting a further challenge to effectively mitigate the risk of blending light oils.

Wheaton-college , Illinois , United-states , Texas , University-of-texas-at-austin , Refinery-process-group-at-nalco-water , Program-leader , Crudeflex-blend-stability-service , Meeting-virtual-edition , Residual-stability-analysis , Nalco-crude-stability-value

2021 AFPM Annual Meeting Virtual Edition: A unique refinery-chemicals integration tool


2021 AFPM Annual Meeting Virtual Edition: A unique refinery-chemicals integration tool
4/12/2021
 
To remain competitive, refiners are increasingly expanding their product range by forward integrating their output to include petrochemicals, while petrochemical companies are also backward integrating their new capacity additions.
With so many factors to consider, the need is increasing for a detailed understanding of integrated refinery-petrochemical sites to form a complete view of the industry for benchmarking, as well as to inform diversification strategies and identify investment opportunities.
Integration has become a strategic imperative, but measuring its value is notoriously difficult. To combat this problem, Wood Mackenzie has developed REM-Chemicals, which uses best-in-class data to assess integrated site and value chain competitiveness. REM-Chemicals provides a comprehensive view of global integrated refining-petrochemical assets. The tool can also be used to understand themes and trends impacting integrated refinery-petrochemical site economics by looking at the entire industry.

Grandpuits , Îe-de-france , France , Houston , Texas , United-states , Gonfreville , Haute-normandie , London , City-of , United-kingdom , Wood-mackenzie

2021 AFPM Annual Meeting Virtual Edition: Know your renewable diesel exposure


2021 AFPM Annual Meeting Virtual Edition: Know your renewable diesel exposure
4/12/2021
 
With renewable diesel production capacity on the rise, refiners must consider business process changes and mitigate exposure risks that may exist beyond the equipment and operating units if they are to unlock full value capture.
As the debate around the consumption of lower full-lifecycle carbon fuels plays a key role toward an energy transition, the fungible characteristics of renewable diesel make it an ideal candidate for moving in this direction. Current renewable diesel production in the U.S. is relatively small compared to petroleum-based diesel, but projects in various stages of completion are set to nearly double production capacity in the next four years (

California , United-states , Oregon , Canada , United-kingdom , Texas , Washington , British , Texasam-university , Accenture , Meeting-virtual-edition

2021 AFPM Annual Meeting Virtual Edition: Adapting for competitive advantage


2021 AFPM Annual Meeting Virtual Edition: Adapting for competitive advantage
4/11/2021
RICK KAISER, Product Manager for Software Solutions, AIS Software
 
The world is rapidly changing. Political whiplash, the global pandemic, new technologies and evolving fuel standards are upending process industries and giving many CEOs a deep sense of unease. During the past year, when 5% of U.S. refining capacity was up for sale, refining margins were steadily falling (
FIG. 1). According to Raymond James, global refinery capacity closures stood at 2 MMbpd, 60% of which were in the U.S.
FIG. 1. US Gulf Coast refining margins—Spring 2020.
 
This uncertainty poses a challenge for developing a successful business strategy, since the traditional approach assumes that the world is a stable and predictable place. It is not. Given our new levels of uncertainty, refinery CEOs are beginning to ask:

California , United-states , Washington , Alaska , Raymond-james , Deena-zaidi , California-polytechnic-institute-cal-poly-in-pomona , Software-in-bellingham , Software-solutions , Meeting-virtual-edition , Vice-president , Product-manager

2021 AFPM Annual Meeting Virtual Edition: Reinventing safety post-2020—Digitalization, pandemic, sustainability, cybersecurity


2021 AFPM Annual Meeting Virtual Edition: Reinventing safety post-2020—Digitalization, pandemic, sustainability, cybersecurity
4/11/2021
CONSTANTINE LAU, Schneider Electric
I remember a conversation a few years ago with a friend who had just become the plant manager of the largest petrochemical complex in the world. I asked him what keeps him up at night, and he replied without hesitation: “Safety!” This certainly resonates with every plant manager around the world. However, several major interruptions in 2020 should prompt us to rethink and reinvent safety strategies.
Safety is a top priority in the oil and gas industry. Like all businesses, oil and gas business performance is measured by profitability with key performance indicators (KPIs), such as return on capital employed (ROCE); however, safety is equally important and is typically measured by KPIs like injury, lost time and production loss. For oil and gas operations, safety is a constant threat due to the hazardous nature of hydrocarbons, including—but not limited to—fire, explosion, toxicity, corrosiveness and asphyxiation. Industrial incidents can cost human lives and huge financial losses. They often generate major environmental pollution that can damage the public perception of a company. Essentially, safety is the license to operate.

University-of-houston , Texas , United-states , Switzerland , University-of-texas , Swiss , Schneider-electric , Morgan-stanley , Meeting-virtual-edition , Industrial-internet , Chief-information-officers

2021 AFPM Annual Meeting Virtual Edition: Sustainability without sacrifice


2021 AFPM Annual Meeting Virtual Edition: Sustainability without sacrifice
4/11/2021
 
In a recent interview, actor Robert Downey Jr. remarked that, “You shouldn't have to sacrifice quality for sustainability.” While he was not speaking about the oil and gas industry, his statement echoed what has been a core value of the downstream refining industry since shortly after its inception—and this value has never been more relevant. Plants today are safer and have a lower environmental impact than in the past, while simultaneously the quality of the refined product they produce has improved to meet more stringent quality and environmental specifications (
FIG. 1).
The trend of traditional oil companies expanding into renewable fuels production is a recent example of the industry flexing to meet market demands for more sustainable products to remain a key producer of energy for the future. As an example, several companies have announced plans to convert marginal fossil fuel assets or build new units to produce transportation fuels from alternative, renewable feedstocks. While these units use some of the same renewable sources as the biofuel blend components added to fungible fuels to reduce carbon intensity, the end products from the renewables process attain a higher quality, meeting the same exacting standards that would allow them to be a drop-in replacement for fossil fuel products.

Robert-downey-jr , Joe-hackle , Kevin-cristofanelli , Mark-knight , Rebekah-obenauer , Phil-millard , Hercules-inc , Water-technologies-solutions , Sunoco-inc , Stevens-institute-of-technology , Meeting-virtual-edition , Water-technologies