REDUCING CARBON FOOTPRINTS AND COSTS OF OPERATION

Zeeco’s Marty Smith discusses downstream terminal emission control equipment The petroleum industry continues to search for ways to reduce operating costs on the downstream terminal level, while still maintaining company cultures and meeting business commitments. Environmental rules are typically updated each year to drive down emissions, reduce occurrences of spills, and improve the overall safety of operations. While working toward continuous improvement in those areas has been a positive for the industry, it has continued to increase the cost of operations. Even now, capital expense decisions are being strongly based on environmental social and corporate governance (ESG) thought processes, deciding how to spend limited budget dollars best to provide cost-effective growth for businesses and minimise environmental footprints. Companies wrestling with these topics will want to know how vapour combustion units (VCU) and vapour recovery units (VRU) can impact their success. WHAT’S CHANGED? Global discussions on reducing carbon footprints have been ongoing for years. This message is beginning to resonate globally in various ways, including the steps many countries are taking...