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By Kai Y. Wan with contributions from Ivan Parra Tepedino The COVID-19 pandemic has impacted many industries, especially the Oil and Gas industry. This sector simultaneously experienced a price collapse, a supply glut, an unprecedented demand decline and a health/economic crisis. Additionally, the sector’s poor structural and financial health caused the oil and gas industry… read more →
For a long time, the realities of the Oil & Gas industry could be summed up in one word – unpredictability. Recent events in the oil market have once again proven how volatile the industry is. In this environment, every stream of financial benefit into the bottom line gives oil & gas companies an… read more →
In every engagement, sustainability is a crucial factor that decides the fate of a project’s success. Installing a comprehensive Sustainability Plan ensures a smooth transition to the client and makes sure that there is no lost knowledge during the period. The significance of having a solid sustainability plan becomes evident towards the later phase of… read more →
Oil and Gas players these days are challenged with several external factors that can potentially corrode their profit margin. Factors such as new environmental policies, demand for higher quality products, growing investments in renewable energy sources, and global geopolitical events – all contribute to today’s market dynamic uncertainty and product price volatility. As a solution,… read more →
When conducting quality giveaway optimization projects for our oil and gas customers, we noticed that on average, refineries are giving away twice as much as they practically can. Another observation from these projects was that the value of performance optimization is usually underestimated initially. In contrast, physical (or structural) constraints are commonly perceived as the… read more →
By Anas Dabbakh Refineries are a crucial step between raw crude oil and getting the gasoline into your car. There are several chemicals that have to be blended together at the refinery, such as octane, RVP, V/L, T50, etc. in order to create gasoline. It is important to understand that oil and gas quality giveaway reduction… read more →
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