ENERGY STAR Guide for Petroleum Refineries
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General Characteristics of the Petroleum Industry and Its Price Problems
This PDF is a selection from an out-of-print volume from the National Bureau of Economic Research Volume Title: Price Research in the Steel and Petroleum Industries Volume Author/Editor: Committee on Price Research Volume Publisher: NBER Volume ISBN: 0-87014-189-9 Volume URL: http://www.nber.org/books/unkn39-3 Publication Date: 1939 Chapter Title: General Characteristics of the Petroleum Industry and Its Price Problems Chapter Author: Committee on Price Research Chapter URL: http://www.nber.org/chapters/c5803 Chapter pages in book: (p. 82 - 94) 82 PART TWO state at the outset some of the limits of our inquiry as we have conceived it. The industrial field covered is indicated in Chapter II. It might be summarily described as the whole sequence of processes from exploration for oil to the deliv- ery of refined petroleum products to consumers. Within this field we have conceived it to be our respon- sibility not only to canvass the available statistical data upon current prices and costs (Chapter III), but also to examine critically the meaning, adequacy and reliability of these data and to suggest ways in which they might well be supplemented (Chapter IV). As we understand it, we were not called upon to make detailed investigations or tests of existing price information to verify our judgment of its character. Much less was it within our conception of the assignment to attempt the assembly of any concrete data not now available. Nor were we charged with making new applications of such data as we now have. In Chapter V we confine ourselves simply to outlining certain projects of inquiry which in our judgment should prove fruitful, and the more fruitful so far as the statistics of the industry's operations are made more adequate and reliable by sup- plementing existing compilations along the lines suggested in Chapter IV. -
The Petroleum Find: Its Possible Impact on the Agricultural Sector In
TheLawson Petroleum et al: Petroleum find: Find: possible Its impact Possible on the agricultural Impact sector in on Ghana the Agricultural45 Sector in Ghana: The Role of Soil Science I. Y. D. Lawson*, S. G. K. Adiku and S. K. A. Danso Department of Soil Science, School of Agriculture, College of Basic and Applied Sciences, University of Ghana, Legon, Accra *Corresponding author; E-mail: [email protected] Abstract The opportunities the petroleum industry present comes with challenges that Ghana needs not to overlook. It is globally accepted that petroleum find is usually associated with the economic situation dubbed “Dutch disease”, whereby, the over-expectation of rewards from oil revenues diminish the attention paid to other sectors of the economy. The paper examines the potential impacts of the petroleum discovery in Ghana on its agricultural sector and the role of soil science in minimizing adverse effects. The agricultural sector is likely to lose its recognition as the backbone of the economy due to the discovery of petroleum in commercial quantities and having recently been overtaken by the service sector. An impact of the oil find could be the high risk of the agricultural sector losing its potential labour force to the petroleum industry. There is also the fear of neglect of the agricultural sector in future similar to what happened in some countries that experienced petroleum boom. Oil spillage could pollute farmlands, and gas flaring without temperature or emission control could pollute the air and release unacceptably high levels of carbon dioxide and carbon monoxide into the atmosphere. There could be resettlement of farming communities and farmlands because of the fear of spillage and destruction of lands by oil and gas operations. -
Preparing for Carbon Pricing: Case Studies from Company Experience
TECHNICAL NOTE 9 | JANUARY 2015 Preparing for Carbon Pricing Case Studies from Company Experience: Royal Dutch Shell, Rio Tinto, and Pacific Gas and Electric Company Acknowledgments and Methodology This Technical Note was prepared for the PMR Secretariat by Janet Peace, Tim Juliani, Anthony Mansell, and Jason Ye (Center for Climate and Energy Solutions—C2ES), with input and supervision from Pierre Guigon and Sarah Moyer (PMR Secretariat). The note comprises case studies with three companies: Royal Dutch Shell, Rio Tinto, and Pacific Gas and Electric Company (PG&E). All three have operated in jurisdictions where carbon emissions are regulated. This note captures their experiences and lessons learned preparing for and operating under policies that price carbon emissions. The following information sources were used during the research for these case studies: 1. Interviews conducted between February and October 2014 with current and former employees who had first-hand knowledge of these companies’ activities related to preparing for and operating under carbon pricing regulation. 2. Publicly available resources, including corporate sustainability reports, annual reports, and Carbon Disclosure Project responses. 3. Internal company review of the draft case studies. 4. C2ES’s history of engagement with corporations on carbon pricing policies. Early insights from this research were presented at a business-government dialogue co-hosted by the PMR, the International Finance Corporation, and the Business-PMR of the International Emissions Trading Association (IETA) in Cologne, Germany, in May 2014. Feedback from that event has also been incorporated into the final version. We would like to acknowledge experts at Royal Dutch Shell, Rio Tinto, and Pacific Gas and Electric Company (PG&E)—among whom Laurel Green, David Hone, Sue Lacey and Neil Marshman—for their collaboration and for sharing insights during the preparation of the report. -
Long-Term Prospects for Northwest European Refining
LONG-TERM PROSPECTS FOR NORTHWEST EUROPEAN REFINING ASYMMETRIC CHANGE: A LOOMING GOVERNMENT DILEMMA? ROBBERT VAN DEN BERGH MICHIEL NIVARD MAURITS KREIJKES CIEP PAPER 2016 | 01 CIEP is affiliated to the Netherlands Institute of International Relations ‘Clingendael’. CIEP acts as an independent forum for governments, non-governmental organizations, the private sector, media, politicians and all others interested in changes and developments in the energy sector. CIEP organizes lectures, seminars, conferences and roundtable discussions. In addition, CIEP members of staff lecture in a variety of courses and training programmes. CIEP’s research, training and activities focus on two themes: • European energy market developments and policy-making; • Geopolitics of energy policy-making and energy markets CIEP is endorsed by the Dutch Ministry of Economic Affairs, the Dutch Ministry of Foreign Affairs, the Dutch Ministry of Infrastructure and the Environment, BP Europe SE- BP Nederland, Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A. ('Rabobank'), Delta N.V., ENGIE Energie Nederland N.V., ENGIE E&P Nederland B.V., Eneco Holding N.V., EBN B.V., Essent N.V., Esso Nederland B.V., GasTerra B.V., N.V. Nederlandse Gasunie, Heerema Marine Contractors Nederland B.V., ING Commercial Banking, Nederlandse Aardolie Maatschappij B.V., N.V. NUON Energy, TenneT TSO B.V., Oranje-Nassau Energie B.V., Havenbedrijf Rotterdam N.V., Shell Nederland B.V., TAQA Energy B.V.,Total E&P Nederland B.V., Koninklijke Vopak N.V. and Wintershall Nederland B.V. CIEP Energy -
Mongstad Mongstad
North Sea Sweden Project Profile Norway Mongstad Mongstad The Mongstad facilities in western Norway have been in operation since the mid-1970’s and today encompass a refinery, a crude oil terminal, a technical development center and a wet gas processing factory. Throughout decades of expansion and modernization, ABB has kept pace with Mongstad’s dynamic process control and electrification requirements by providing advanced, flexible solutions designed to meet both current and future needs. A key link in the Norwegian oil supply chain OilUpstream & andGas Midstream Comprising Norway’s largest oil refinery, a high-traffic shipping port and storage facilities for around one-third of the crude oil produced by the Norwegian state, Mongstad is vital to the Norwegian oil industry. Keeping the oil flowing in and out of Mongstad in a safe, efficient and environmental manner takes state-of-the-art technology, including electric power and process Facts about Mongstad: automation systems from ABB. ABB is the leading supplier of integrated The oil refinery is the largest of its kind electrotechnical solutions to the oil and gas industry, and has provided in Norway with an annual capacity of innovative solutions to the Mongstad facilities for over 30 years. 10 million tons of crude. It is owned by By consistently providing reliable, high performance process control capabilities Mongstad Refining (79% StatoilHydro to Mongstad, the scope of ABB automation technology has steadily increased. and 21% Shell). Today, ABB automation technology at Mongstad encompasses: The crude oil terminal provides inter- 2,700 I/O boards with over 25,000 I/O´s 4 INFINET rings mediate storage of more than 1/3 of 150 redundant controllers distributed 13 HMI servers, 33 dual-VDU consoles over 17 equipment outstations all crude oil produced on the Norwegian 500 process graphics continental shelf. -
Oil Refinery Sector
Gujarat Cleaner Production Centre - ENVIS Centre CLEANER PRODUCTION OPPURTUNITIES IN OIL REFINERY SECTOR Gujarat Cleaner Production Centre - ENVIS Centre OIL REFINERY An oil refinery or petroleum refinery is an industrial process plant where crude oil is processed and refined into more useful products such as petroleum naphtha, gasoline, diesel fuel, asphalt base, heating oil, kerosene and liquefied petroleum gas. Oil refineries are typically large, sprawling industrial complexes with extensive piping running throughout, carrying streams of fluids between large chemical processing units. Common process units found in a refinery: • Desalter unit washes out salt from the crude oil before it enters the atmospheric distillation unit. • Atmospheric distillation unit distills crude oil into fractions. • Vacuum distillation unit further distills residual bottoms after atmospheric distillation. • Naphtha hydrotreater unit uses hydrogen to desulfurize naphtha from atmospheric distillation. Must hydrotreat the naphtha before sending to a Catalytic Reformer unit. • Catalytic reformer unit is used to conver t the naphtha-boiling range molecules into higher octane reformate (reformer product). The reformate has higher content of aromatics and cyclic hydrocarbons). An important byproduct of a r eformer is hydrogen released during the catalyst reaction. The hydrogen is used either in the hydrotreater or the hydrocracker. • Distillate hydrotreater unit desulfurizes distillates (such as diesel) after atmospheric distillation. • Fluid catalytic cracker (FCC) unit upgrades heavier fractions into lighter, more valuable products. • Hydrocracker unit uses hydrogen to upgrade heavier fractions into lighter, more valuable products. • Visbreaking unit upgrades heavy residual oils by thermally cracking them into li ghter, more valuable reduced viscosity products. • Merox unit treats LPG, kerosene or jet fuel by oxidizing mercaptans to organic disulfides. -
Future Strategies for Promoting Tourism and Petroleum Heritage in Khuzestan Province, Iran
Future strategies for promoting tourism and petroleum heritage in Khuzestan Province, Iran Sahar Amirkhani, Neda Torabi Farsani and Homa Moazzen Jamshidi Abstract Sahar Amirkhani and Purpose – Industrial tourism not only strives to preserve industrial heritage, but can also be a strategy for being Neda Torabi Farsani are both familiar with the history of industry and attracting tourists to new destinations. This paper examines the issue of based at the Department of promoting petroleum industrial tourism in the case of Khuzestan, Iran. The research aims at determining Museum and Tourism, Art appropriate strategies for promoting petroleum industrial tourism. University of Isfahan, – Design/methodology/approach The data were analysed through a strengths, weaknesses, opportunities, Isfahan, Iran. and threats (SWOT) model. Homa Moazzen Jamshidi is Findings – The results revealed the competitive strategy as the best. Lastly, strategies such as: concentric based at the Department of diversification, joint venture strategy, conglomerate diversification and horizontal diversification were proposed Economics and Arts as key solutions. The results support the view that establishing an exploratory ecomuseum in the territory of Entrepreneurship, Art Khuzestan Province can be a suitable concentric diversification strategy towards petroleum industrial sustainable tourism in the future. University of Isfahan, Originality/value – The main originality of this paper includes linking tourism with the petroleum (oil and natural Isfahan, Iran. gas) industry -
LA Petroleum Industry Facts
February 2000 Louisiana Petroleum Public Information Series No.2 Industry Facts 1934 First oil well of commercial quantities Deepest producing well in Louisiana: Texaco-SL urvey discovered in the state: 4666-1, November 1969, Caillou Island, The Heywood #1 Jules Clement well, drilled near Terrebonne Parish, 21,924 feet total depth Evangeline, Louisiana, in Acadia Parish, which S was drilled to a depth of approximately 1,700 Existing oil or gas fields as of December 31, feet in September 1901 (counties are called 1998: 1,775 Reserves “parishes” in Louisiana). Crude oil and condensate oil produced from First oil field discovered: Jennings Field, Acadia 1901 to 1998: 16,563,234,543 barrels Parish, September 1901 Crude oil and condensate produced in 1998: First over-water drilling in America: 132,376,274 barrels Caddo Lake near Shreveport, Louisiana, (Source: Louisiana Department of Natural Resources.) circa 1905 Natural gas and casinghead gas produced from First natural gas pipeline laid in Louisiana: 1901 to 1998: 144,452,229,386 thousand Caddo Field to Shreveport in 1908 cubic feet (MFC) Largest natural gas field in Louisiana: Natural gas produced in 1998: 1,565,921,421 Monroe Field, which was discovered in 1916 thousand cubic feet (MFC) (Source: Louisiana Department of Natural Resources.) Number of salt domes: 204 are known to exist, eological 77 of which are located offshore Dry Natural Gas Proven Reserves 1997 North Louisiana 3,093 billion cubic feet Parishes producing oil or gas: All 64 of South Louisiana 5,585 billion cubic feet Louisiana’s -
The DA GHGI Improvement Programme 2009-2010 Industry Sector Task
The DA GHGI Improvement Programme 2009-2010 Industry Sector Task DECC, The Scottish Government, The Welsh Assembly Government and the Northern Ireland Department of the Environment AEAT/ENV/R/2990_3 Issue 1 May 2010 DA GHGI Improvements 2009-2010: Industry Task Restricted – Commercial AEAT/ENV/R/2990_3 Title The DA GHGI Improvement Programme 2009-2010: Industry Sector Task Customer DECC, The Scottish Government, The Welsh Assembly Government and the Northern Ireland Department of the Environment Customer reference NAEI Framework Agreement/DA GHGI Improvement Programme Confidentiality, Crown Copyright copyright and reproduction File reference 45322/2008/CD6774/GT Reference number AEAT/ENV/R/2990_3 /Issue 1 AEA Group 329 Harwell Didcot Oxfordshire OX11 0QJ Tel.: 0870 190 6584 AEA is a business name of AEA Technology plc AEA is certificated to ISO9001 and ISO14001 Authors Name Stuart Sneddon and Glen Thistlethwaite Approved by Name Neil Passant Signature Date 20th May 2010 ii AEA Restricted – Commercial DA GHGI Improvements 2009-2010: Industry Task AEAT/ENV/R/2990_3 Executive Summary This research has been commissioned under the UK and DA GHG inventory improvement programme, and aims to research emissions data for a group of source sectors and specific sites where uncertainties have been identified in the scope and accuracy of available source data. Primarily this research aims to review site-specific data and regulatory information, to resolve differences between GHG data reported across different emission reporting mechanisms. The research has comprised: 1) Data review from different reporting mechanisms (IPPC, EU ETS and EEMS) to identify priority sites (primarily oil & gas terminals, refineries and petrochemicals), i.e. -
Energy & Carbon Summary
2021 Energy & Carbon Summary PLEASE SEE OPTIONS FOR COVER PHOTO PHOTO FOR POSITION ONLY Text and Page #s need to be 2 | 2021 Energy & Carbon Summary updated P&GA Table of Contents 5 11 33 39 3 EXECUTIVE SUMMARY 11 STRATEGY 33 METRICS & TARGETS 39 RISK MANAGEMENT 12 Energy supply and demand trends 22 Developing and deploying scalable 34 Progressing further greenhouse 40 ExxonMobil's approach to 22 Developing and deploying technology solutions gas reductions; meeting 2020 goals risk management scalable technology solutions 5 GOVERNANCE 14 Considering 2oC scenarios 30 Proactively engaging on 38 Greenhouse gas emissions 30 Proactively engaging on 6 Climate change risk 16 Signposts for the evolving climate-related policy performance data climate-related policy oversight energy landscape 31 Providing products to help ADDITIONAL INFORMATION 7 Coordination and support of 17 Potential impact on proved Providing products to help customers reduce their emissions 43 Scope 3 emissions 31 customers reduce their board committees reserves and resources emissions 32 Mitigating emissions in Company 44 Frequently asked questions 9 Board composition and 20 Positioning for a lower-carbon operations 32 Mitigating emissions in evaluation energy future 49 TCFD mapping Company operations 50 Disclosures 51 Footnotes Statements of future events or conditions in this report, including projections, plans to reduce emissions and emissions intensity, sensitivity analyses, expectations, estimates, the development of future technologies, and business plans, are forward- -
CCS from the Gas-Fired Power Station at Kårstø? a Commercial Analysis1
View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by Research Papers in Economics CCS from the gas-fired power station at Kårstø? A commercial analysis1 by Petter Osmundsen* and Magne Emhjellen** * University of Stavanger ** Petoro AS Summary The article presents a commercial investment analysis of the carbon capture project at the Kårstø gas processing plant in south-western Norway. We update an earlier analysis and critically review the methods used including those applied for cost estimating. Our conclusion is that carbon capture and storage (CCS) at Kårstø would be a very unprofitable climate measure with poor cost efficiency. It would require more than USD 1.7 billion2 in subsidies, or in excess of USD 133 million per year. That corresponds to a subsidy of roughly USD 0.1 per kilowatt-hour on the power station s electricity output. The cost per tonne of carbon emissions abated is about USD 333, which is about 20 times the international carbon emission allowance price and many times higher than alternative domestic climate measures. * Petter Osmundsen, department of industrial economics and risk management, University of Stavanger, NO-4036 Stavanger, Norway E-mail: [email protected], home page: http://www5.uis.no/kompetansekatalog/visCV.aspx?ID=08643&sprak=BOKMAL ** Magne Emhjellen, Petoro AS, P O Box 300 Sentrum, NO- 4002 Stavanger, Norway. E-mail: [email protected] 1 Thanks are due to Johan Gjærum, Per Ivar Gjærum, Kåre Petter Hagen and Knut Einar Rosendahl for constructive comments. We would also like to thank a number of specialists in business and the civil service for useful comments and proposals. -
Argus Nefte Transport
Argus Nefte Transport Oil transportation logistics in the former Soviet Union Volume XVI, 5, May 2017 Primorsk loads first 100,000t diesel cargo Russia’s main outlet for 10ppm diesel exports, the Baltic port of Primorsk, shipped a 100,000t cargo for the first time this month. The diesel was loaded on 4 May on the 113,300t Dong-A Thetis, owned by the South Korean shipping company Dong-A Tanker. The 100,000t cargo of Rosneft product was sold to trading company Vitol for delivery to the Amsterdam-Rotter- dam-Antwerp region, a market participant says. The Dong-A Thetis was loaded at Russian pipeline crude exports berth 3 or 4 — which can handle crude and diesel following a recent upgrade, and mn b/d can accommodate 90,000-150,000t vessels with 15.5m draught. 6.0 Transit crude Russian crude It remains unclear whether larger loadings at Primorsk will become a regular 5.0 occurrence. “Smaller 50,000-60,000t cargoes are more popular and the terminal 4.0 does not always have the opportunity to stockpile larger quantities of diesel for 3.0 export,” a source familiar with operations at the outlet says. But the loading is significant considering the planned 10mn t/yr capacity 2.0 addition to the 15mn t/yr Sever diesel pipeline by 2018. Expansion to 25mn t/yr 1.0 will enable Transneft to divert more diesel to its pipeline system from ports in 0.0 Apr Jul Oct Jan Apr the Baltic states, in particular from the pipeline to the Latvian port of Ventspils.