In the fast-moving world of petroleum refining, Linear Programming (LP) models are the backbone of decision-making. These models guide production planning, crude selection, and optimization strategies to maximize profitability. However, an LP model is only as good as its accuracy and alignment with real-world operations. Over time, market conditions, operational constraints, and process efficiencies evolve—leading […]
OR – How Supply Chain Ecosystems Can Meet New Renewable Growth Demands With contributing author John Koo Reliability of energy delivery saves lives. Fires in California and Australia, rolling blackouts in UK and grid failure in the dead of winter in Texas are examples of events that impact people in a very real and tangible […]
Instead of conducting wrench time or time on tool studies, planning and scheduling may be a better place to start when looking to improve field productivity. Wrench time and time on tool studies measure the amount of time that a technician spends on an activity and focus on waste elimination such as extended breaks or […]
Asian Downstream Insights Exclusive Interview with Andy Saunders-Tack, Director, Asia-Pacific and Mel Larson, Strategic Consulting Manager at Becht The coup in Myanmar may be pivotal for the energy markets. The building of a pipeline through Myanmar allows both crude and product to shortcut the shipping lanes of the Malacca Straits. Add to this the growing […]
As highlighted in Becht’s “Winners, Losers, and Everything in Between” and Energy Transition webinars, the Energy Industry has experienced unprecedented change in 2020 – lower and slower demand recovery putting pressure on gross margins, overcapacity leading to facility shutdowns, reductions in staffing levels, delays in turnaround maintenance, and cutbacks in capital budgets. These elements, as […]
Originally posted to Asian Downstream Insights The future of the downstream industry: a vast, uncertain horizon, marked by new technologies, and the drive for new business models. At a recent executive virtual round-table, chaired by José de Sá, Senior Partner in Bain & Company’s Rio de Janeiro office and Global Head of O&G Downstream, business leaders […]
The COVID-19 pandemic has sparked a renewed focus on planning for sustainability and achieving the goals of the Paris Climate Agreement (PCA). These fundamental shifts are strongly evident in the European Union. EU capitals have been put under pressure to agree to reducing greenhouse gas emissions by 60% by 2030 compared with 1990, after the […]
In the final installment of the Winners, Losers, and Everything In Between series, we address “Planning for Sustainability”. What is sustainability and how does one plan for it? Sustainability relates to: Reduced usage of water and general carbon, Lower greenhouse gas emissions, and Enhanced recycling and reuse, both corporately and individually. In order to plan […]
It’s time that we shift our focus away from the doom, the gloom, the fear, and the uncertainty of today’s industry news. Flip to the Comics section for a moment in your mind. In the first panel, picture a distraught teenager, feeling alone. In the next panel, we see that teenager’s astonished face as The […]
Becht continues its series on “Strategy to Maximize Value in the Time of COVID-19” with this 3rd blog focusing on the demand of new solutions in these difficult times and beyond. To view Part 1, CLICK HERE. To view Part 2, CLICK HERE. COVID-19 has impacted employment and profitability across every sector, but the oil […]
