Powering the Future of Refining and Petrochemicals

The last 3 years have shown a growing social drive for ESG and acceleration of the energy transition. While the transition may be accelerated, even with development and deployment of emerging technologies, hydrocarbon fuels will be required for many years to come. With this recognition, there will be increasing pressures on fossil fuel refiners to both maximize profitability and decarbonize at the same time. This will require refiners to implement a continuum of near-term tactical, to longer-term strategic investments. While we work to reduce energy intensity, there is a common agreement that moving towards bioeconomy and switching to renewable feedstocks to produce both fuels and raw materials is key for companies and governments to succeed in their transitions and achieve their climate targets. Carbon capture, utilization and storage is proving to be a critical component of reducing emissions in key applications where CO2 is challenging to avoid. Once CO2 is captured, the next logical step is to then leverage that material as part of the solution for true carbon circularity. In this workshop, we will discuss client examples that span the range from carbon avoidance, carbon capture and carbon utilization.