📢 Valentin Kotlomin, Consulting Manager, #argusmedia , moderated a panel discussion on the prospects of the Middle eastern refining industry, alternative fuels and refining and petrochemicals integration at the METECH 2023 - 13th Middle East Technology Forum for Refining & Petrochemicals held by Euro Petroleum Consultants on May 16-18 in Dubai, UAE. The panellists are Abdulla Al Ameri, Vice President, Asset Development Division, ADNOC Group, Robert Achleitner, General Manager Engineering, Bahrain Petroleum Company (BAPCO), Fabien Lundy, EMEA Commercial Vice President, Axens, Sander van Donk, Senior Vice President & Head of Clean Fuels and Chemicals Licensing, Sulzer, John J. Murphy, CEO, The Catalyst Group and The Catalyst Group Resources Inc.
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The Refining Industry is Facing a Challengeful Period where the Market Changes Drived by the Necessity of Low Carbon Energy Sources is Producing Quick and Deep Changes in the Downstream Production Profile. Nowadays, the Competitiveness in the Downstream Market is Strictly Based on Pillars like Petrochemical Integration, High Bottom Barrel Conversion Capacity, Energy Efficiency, Lower Carbon Emissions, Digital Transformation, and Low Carbon Routes ofr Hydrogen Production. An Integrated Refining Configuration Offers Great Operational Flexibility for the Refiner at Same Time that Ensure Maximum Added Value to the Processed Crude through the Synergy of Residue Upgrading and Petrochemical Maximization Refining Assets, under this Context, a Promising Processing Route is the Crude to Chemicals Refining Assets where the Processed Crude Oil is Essentially Converted into High Added Value Petrochemical Intermediates with Minimum Production of Transportation Fuels. The Figure Below Presents an Example of Crude to Chemicals Concept Proposed by Saudi Aramco Company based in the Processing o Light Crude Oils...#crudetochemicals #downstream #petrochemicals
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The Refining Industry is Facing a Challengeful Period where the Market Changes Drived by the Necessity of Low Carbon Energy Sources is Producing Quick and Deep Changes in the Downstream Production Profile. Nowadays, the Competitiveness in the Downstream Market is Strictly Based on Pillars like Petrochemical Integration, High Bottom Barrel Conversion Capacity, Energy Efficiency, Lower Carbon Emissions, Digital Transformation, and Low Carbon Routes ofr Hydrogen Production. An Integrated Refining Configuration Offers Great Operational Flexibility for the Refiner at Same Time that Ensure Maximum Added Value to the Processed Crude through the Synergy of Residue Upgrading and Petrochemical Maximization Refining Assets, under this Context, a Promising Processing Route is the Crude to Chemicals Refining Assets where the Processed Crude Oil is Essentially Converted into High Added Value Petrochemical Intermediates with Minimum Production of Transportation Fuels. The Figure Below Presents an Example of Crude to Chemicals Concept Proposed by Saudi Aramco Company based in the Processing o Light Crude Oils...#crudetochemicals #downstream #petrochemicals Image Source: CHANG, R.J. – Crude Oil to Chemicals – Industry Developments and Strategic Implications – Presented at Global Refining & Petrochemicals Congress (Houston, USA), 2018.
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Effective description of present day challenges to the Refining Industries from crude compositional changes n processes selects besides choosing other alternative energy resources for fuel for transport industry etc. Thanks for sharing sir... Under present changing scenario as described in above study of transport fuel & lubricants using updated new property blending formulations etc, an energy optimisation model based on effective LP mathematical techniques, is to develop or updated over earlier models, for optimum selections of considering all new possible resources, newly related technologies, new market demands based on each country capabilities with clean environmental fuels etc.
The Refining Industry is Facing a Challengeful Period where the Market Changes Drived by the Necessity of Low Carbon Energy Sources is Producing Quick and Deep Changes in the Downstream Production Profile. Nowadays, the Competitiveness in the Downstream Market is Strictly Based on Pillars like Petrochemical Integration, High Bottom Barrel Conversion Capacity, Energy Efficiency, Lower Carbon Emissions, Digital Transformation, and Low Carbon Routes ofr Hydrogen Production. An Integrated Refining Configuration Offers Great Operational Flexibility for the Refiner at Same Time that Ensure Maximum Added Value to the Processed Crude through the Synergy of Residue Upgrading and Petrochemical Maximization Refining Assets, under this Context, a Promising Processing Route is the Crude to Chemicals Refining Assets where the Processed Crude Oil is Essentially Converted into High Added Value Petrochemical Intermediates with Minimum Production of Transportation Fuels. The Figure Below Presents an Example of Crude to Chemicals Concept Proposed by Saudi Aramco Company based in the Processing o Light Crude Oils...#crudetochemicals #downstream #petrochemicals Image Source: CHANG, R.J. – Crude Oil to Chemicals – Industry Developments and Strategic Implications – Presented at Global Refining & Petrochemicals Congress (Houston, USA), 2018.
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Overall, #petrochemicals #market demand growth in 2020 was driven by rising demand for consumer staples such as household goods and personal products, as well as a decrease in demand for durables like automobiles and #appliances. Volume rebounded in the second half of 2020 after the early shocks of the COVID-19 #pandemic. More Details: https://shorturl.at/kuDF3 Key Players Chevron Corporation (United States) China National Petroleum Corporation (CNPC) (China) China Petrochemical Corporation (SINOPEC) (China) Exxon Mobil Corporation (United States) INEOS Group Ltd. (United Kingdom) Royal Dutch Shell (Netherlands) #petrochemicals #oilandgas #energy #petroleum #crudeoil #oil #oilandgasindustry #chemicals #upstream #lng #naturalgas #chemicalindustry #pipeline #midstream #ngl #natgas #rbnblog #rbnenergy #shale #hydrocarbon #houstonoilandgas #rexconferencesdubai #innovation #petrochemical #mining #gas #dubai #refinery #adipec #bitumen
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𝐆𝐂𝐂 𝐃𝐫𝐢𝐥𝐥𝐢𝐧𝐠 𝐅𝐥𝐮𝐢𝐝𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐭𝐨 𝐆𝐫𝐨𝐰 𝐚𝐭 𝟓.𝟗% 𝐂𝐀𝐆𝐑 𝐃𝐮𝐫𝐢𝐧𝐠 𝟐𝟎𝟐𝟑-𝟐𝟖 The #GCC_drilling_fluids_market is projected to grow at a #CAGR of around 5.9% during the forecast period, i.e., 2023-28. The market growth is attributed to a substantial increase in #oil & #gas exploration activities at various onshore and offshore locations, which have certainly driven the need for advanced drilling fluids for enhanced oil production. 🔸 In 𝟮𝟬𝟮𝟮, Baker Hughes and Dussur signed an agreement to Form a Chemicals joint venture in #SaudiArabia to increase efficiencies, enable greater access and generate faster delivery time for customers. ✅𝗥𝗲𝗮𝗱 𝗺𝗼𝗿𝗲 - https://lnkd.in/dwbNwea6 #gcc #drillingfluids #drillingfluidsmarket #offshore #onshore #conventionalwell, #highpressurewell #hightemperaturewell #gccdrilling #marketresearc #marknteladvisors
