One of the societal byproducts of the COVID-19 pandemic has been an increased emphasis on technology to meet changing needs, and the fuel and petrochemical industries are no exception to that trend.
Coronavirus developments are front of mind for everyone, including the staff at AFPM. We took a moment to speak with Jeff Gunnulfsen, senior director, security and risk management, about industry preparedness for the pandemic.
Beyond digitization (converting analog information to digital) and digitalization (the technology-driven shift to business processes) lies digital transformation.
It is not uncommon for stereotypes to be repeated long after they are no longer valid and to be considered received wisdom even in the face of evidence to the contrary.
COVID-19 upended energy markets. Demand disappeared and producers scaled back. Now that economies are reopening, and the demand for goods and services is rebounding, the demand for energy all along the supply chain is increasing, driving up not only the cost of the feedstocks and fuels refineries and petrochemical manufacturers use, but also the cost of the energy used at every step of the supply chain.
The petrochemical and petroleum refining industries are always in flux. Whether it is new supplies like oil sands-derived synthetic crudes or tight oil crudes and condensates; new technologies like...
Some things don’t change and allow me to say “thank goodness for that” because dealing with changes can be exhausting. So I’m sure that you will find it reassuring to know that you can count on...