The Main Column

In the oil and gas sector, managing a shutdown, turnaround, or even an outage is an unavoidable requirement. These projects are complex, with multiple stakeholders focused on limiting the time assets are offline with zero tolerance for safety incidents. Learn more in this AVEVA sponsored podcast.

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Given increasingly stringent automotive specifications and the advent of the International Maritime Organization’s 2020 sulfur regulations, the continued decrease in Group I base stocks demand should come as no surprise for anyone in the industry.Learn more in this AVEVA sponsored podcast.

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2020 may be the worst year in history in the Oil & Gas industry. We witnessed one shock after another. Learn more in this AVEVA sponsored podcast.

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PricewaterhouseCoopers reports that, since 2014, the oil and gas industry has put off noncritical spending to reduce costs.1 In 2016, for example, the average number of backlogged labor hours for corrective and deferred safety-critical maintenance increased by 25%. Learn more in this AVEVA sponsored podcast.

Staffers in many plants in modern industry are assigned to job functions related to reliability assessment and implementation. How these reliability-related job functions are carried out varies greatly from plant to plant.Learn more in this AVEVA sponsored podcast.

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According to the International Association of Oil and Gas Producers (IOGP), there were 31 fatal incidents across the industry in 2018. This result was down only slightly from 33 the year before—a startlingly small improvement, given that preventing major accidents, injuries to people and hydrocarbon releases are top priorities across the energy industry.

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When you think of your supply chain, what do you consider? For a traditional downstream refiner, you may include pipeline, truck, rail and vessel logistics. Where inventory is stored is another consideration.

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While there is no way to predict the length of the current pandemic or crude price volatility, you can help your refinery navigate risk and manage uncertainty by rapidly reacting to market volatility. This AVEVA sponsored podcast examines the use of cloud computing to speed up refinery planning and taking the current slow-down to future-proof operations to be in a better position to survive the next downturn.

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The oil industry’s interest in the downstream segment of the business has known ups and downs. This article reviews the past, present and projected future of the downstream sector and its companies.

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Workforce experts and employers often suggest that the millennial generation is responsible for sparking the job-hopping trend. A 2018 Deloitte survey1 found only 28% of millennials plan to stay with their companies for more than 5 yr. From an employee’s perspective, a strong case can be made for job-hopping. In a good job market, workers—especially younger generations—often can find better opportunities and make bigger salary jumps by changing companies.

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