Crude Oil-to-Chemicals: Future of Refinery

January 15, 2020 | 216 views

Crude oil is a primary source of energy, and oil refining is a key aspect of the global energy system. Transportation fuel (e.g., gasoline, diesel, and fuel oil) accounts for approximately 50% share of the products produced from refineries. Therefore, refinery margins that depend on the difference between the prices of crude oil and oil products are tied to the demand for transportation fuels. Refineries have experienced fluctuations in their margins over the last few years. Presently, refineries are facing an array of new challenges, some of which are elucidated below:

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Benham, a Haskell Company

Benham is an architecture, engineering, and designbuild firm with a very diverse client base: large and small, private and public. We embrace each client relationship, helping them reach where they want to be, working collaboratively and strategically to deliver innovation, high quality and sustainability performance. The goals, expectations and needs of our clients provide the foundation for every project we accomplish together.

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CHEMICAL TECHNOLOGY

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CHEMICAL TECHNOLOGY

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CHEMICAL MANAGEMENT

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Article | February 10, 2020

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Spotlight

Benham, a Haskell Company

Benham is an architecture, engineering, and designbuild firm with a very diverse client base: large and small, private and public. We embrace each client relationship, helping them reach where they want to be, working collaboratively and strategically to deliver innovation, high quality and sustainability performance. The goals, expectations and needs of our clients provide the foundation for every project we accomplish together.

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