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
19 December 2024
The utility-scale battery energy storage system market is evolving rapidly, with diverse offtake models emerging to offer bespoke, flexible contracting solutions
13 December 2024
Prices in world’s largest compliance market have risen this year but remain below those seen in the EU
11 December 2024
Policymakers need to step up with a long-term, global strategy if the energy transition is ever to be a success
11 December 2024
CCUS and other carbon management technologies are gaining traction around the world, but heightened policy risk and other pressures will make 2025 a challenging year in some regions