Revolutionising the downstream
Industrial AI will allow plants to reach their autonomous potential
Reactiveness, resilience and reliability are becoming increasingly important in the refining industry. As a result of fluctuating pricing and demand, the safety, logistics, environmental impact and economics of new scenarios must be analysed daily. Sustaining stable operations and improving competitive advantage will come down to reacting as quickly as possible to real-time analysis while factoring in resilience and reliability. The ultimate vision for the industry is the self-optimising, autonomous plant—and the increasing deployment of AI across the sector is bringing this closer to reality. However, while refining has been an early adopter of many digital tools, the industry has yet to fu
Also in this section
1 May 2024
Energean CEO Mathios Rigas looks to results of critical Anchois appraisal well
30 April 2024
While its regional neighbours reap the rewards of oil and gas success, Iraq’s hydrocarbons sector is lagging behind
29 April 2024
Although recent, firmer gas prices have blunted some price-sensitive demand, the overall growth outlook remains robust
26 April 2024
While the US has been breaking records for its premium grade crude, there are doubts over whether you can have too much of a good thing