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The Economics of Reliability – Global Refining

The Economics of Reliability - Global Refining

Roughly one third of the world’s economy is directly affected by the reliability of operations. From energy to agriculture and transportation to water, reliability can mean the difference between being an industry leader and bankruptcy. In this interim report, Pinnacle analysts take data from the oil refining industry and dive into how that key sector is being affected by reliability today. Additionally, we explore key indicators of reliability, identify which companies seem to be leading the pack in reliability optimization, and explain the trends that are driving reliability in this crucial sector.

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Watch the Brief for Trends and Key Insights

  • Reliable operation is the largest indicator of profitable operation
  • All reliability spend is not created equal
  • North American facilities are providing a roadmap for designing and executing optimal reliability programs
  • Two US independent refiners have demonstrated clear differentiation from the rest of the refining segment