Oil and Gas

Trump and the US Biodiesel Market in 2017

The surprise election of Donald Trump as the 45th President of the United States has sparked concern that the 10-year old Renewable Fuel Standard might come under attack by his… Read more »

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Gasoline Futures Surge 12% in December to New High

The gasoline futures contract traded on the New York Mercantile Exchange surged 12% in December, with reformulated blendstock for oxygenate blending futures establishing a new calendar year high for 2016… Read more »

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Business Continuity: Top Issue for Industrial Power Blog Readers

Various subject matter experts at Schneider Electric write a lot of blog posts in the course of a year, so as 2016 comes to an end it’s a good time… Read more »

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Is the US Gasoline Market Defying the Seasonal Downturn?

Gasoline demand in the United States is weakest during the winter months, which Is certainly no surprise considering cold and sometimes hostile weather that limits road travel after the holidays…. Read more »

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US Gasoline Prices Spike in Response to OPEC Deal

Fuel Marketer Intelligence: Supply Chain Dynamics to Retail Fuel Prices The January reformulated blendstock for oxygenate blending futures contract on the New York Mercantile Exchange settled at a better than… Read more »

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Reduce Maintenance Costs with the IIoT and Predictive Asset Analytics

Industrial organizations across multiple sectors are under pressure from shareholders, regulators and customers to increase performance and reliability while keeping costs low. These conditions mean it’s more important than ever… Read more »

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Smart Connected Pipeline – Setting the Standard for Success for the Oil & Gas Industry

Schneider Electric is forever forward-thinking. That means, implementing architecture that enhances control, safety, and performance is the foundation of our operations. Embracing the IT-OT convergence has become this foundation, abandoning… Read more »

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Virtual Reality – Step Into the Future of Plant Crew Training

Most likely you already know that Virtual Reality (VR) and Augmented Reality (AR) are rapidly evolving and growing technologies.  They utilize the latest high powered computers and graphics cards to… Read more »

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EAM for the IIoT Age

With the growth of asset-related data available through the Industrial Internet of Things (IIoT) and the complexity that comes with sifting through that data, organizations are faced with new operational… Read more »

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U.S. Biodiesel Industry Again Waiting on Government Largesse

The higher cost of biodiesel compared with petroleum-based diesel fuel, especially in the third year of low global crude oil prices, requires a bridge to incentivize demand, and for several… Read more »

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Sailing Close to the Wind – Power Margins and Smart Grids

As a regular media commentator, it’s easy to tell when a breaking story has caught the attention of the public. When National Grid, the UK power system operator, announced expected… Read more »

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Supply Chain Solutions at StocExpo 2013

At the recent StocExpo, held 19-20 March in Antwerp, Belgium, supply chain solutions were a central focus, and for good reason. Today’s supply chain solutions can deliver consolidated fuel supply… Read more »

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5 Keys to Selecting a UPS that Will Ensure Business Continuity for Critical Industrial Applications

While UPSs in data centers are critical for business continuity and protecting the bottom line, in other instances loss of power can be even more catastrophic. Consider a petrochemical station… Read more »

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Variable speed drive: Back to the features

A Variable Speed Drive (VSD) is obviously able to run a motor at variable speeds, but it is also a smart actuator, fully capable of being connected and integrated into… Read more »

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Qualify for future funding and incentives through Strategic Energy Management (SEM)

This year’s Summer Study on Energy Efficiency in Industry, organized by the American Council for an Energy-Efficiency Economy, seemed to have a powerful yet “unwritten” focus on strategic energy management… Read more »

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Maximize Economic Return with Enterprise Asset Performance Management

Organizations today are focused on improving that last mile of efficiency and squeezing everything they can from their existing asset infrastructure. From an asset management perspective, they’re leveraging the Industrial… Read more »

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Sustainability Embedded in Electrical Equipment

Our planet’s population growth is accelerating.  Its inhabitants are hungry for resources—and electricity is high on the list. Sustainability will be one of the major challenges of our future, and… Read more »

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A kW saved is greater than a kW burned

The transition from hydrocarbon fuel sources to renewable energy sometimes overlooks the “fifth fuel”: energy efficiency. Two-thirds of energy is lost in the generation and transmission of electricity. Reducing demand… Read more »

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The Ability to Look Ahead is Key in Pipeline Energy Management

If demand charges didn’t continuously alter energy rates, it would be simpler to optimize hydrocarbon pipeline energy consumption. But, demand charges are a fact of life, and they can significantly… Read more »

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What does Operational Excellence mean to you?

Over the last few years, I have heard the term “operational excellence” become more frequently used. I always thought I knew exactly what it meant: “making your operations run at… Read more »

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Winning with a Straight Flush in Poker: Plant-Wide Scenario-Based Simulation Training

In the previous two blogs I discussed the fact that skilled plant operators ensure higher levels of plant safety, reliability and profitability.  I also mentioned that Operator Training Simulators (OTS) can… Read more »

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Is the High Cost of Doing Business in the MMM Industry Too Heavy a Load to Carry?

Would you, or could you, do more to help your company’s profitability if you were financially compensated? That is, would you purposely look for opportunities to save money, lower operating… Read more »

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Why Falling Oil May Not Hurt Renewable Power or Climate Change

The recent sharp drop in oil prices has sparked much debate on the cause, and also the profound effects for both consuming and producing countries.   Relatively little attention has been… Read more »

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Strategic Implementation of IIoT in Refineries

Delivering Closed Loop Business Operations for the Refinery Enterprise The industrial Internet of things (IIoT)—the growing network of devices that connect, communicate, and transfer data between one another—is poised to… Read more »

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Commodity Excess across the Energy Complex

Whilst watching a commercial for the new bacon crust pizza, I suddenly found myself equally torn between being really hungry, and considering the thin gray line of overindulgence. So while… Read more »

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Smart Control Harnesses the Industrial Internet of Things

In the last blog, we described how the second transformation pillar – Augmented Operator – enhances knowledge automation by deploying mobile HMI operator panels to empower operator autonomy with the… Read more »

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Don’t Let an Aging UPS Bring You Down: Assess Your Replacement Options

An uninterruptible power supply (UPS) is something like an airplane in that it must work all the time; if it fails some pretty awful things can happen. What’s more, if… Read more »

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Secure Power services: why a smooth “handover” is vital to a lifecycle approach

Commercial and industrial assets such as ships, airports, manufacturing plants, oil rigs, or hospitals involve highly specialized systems that need power protection and cooling to keep these mission-critical applications secure… Read more »

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What I Think About When I Think About Crude Oil

Japanese novelist Haruki Murakami was so consumed by running he combined two of his loves to write a book called ‘What I Talk About When I Talk About Running‘. Although… Read more »

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Energy Management Solution Meets Pipeline Operations Needs, Supports Enterprise Goals

Hydrocarbon pipeline operators are realizing significant energy savings and more efficient operation using a power optimization solution developed in close cooperation with the industry. This cooperative effort was key to… Read more »

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