Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. Risks can come from various sources including uncertainty in international markets, threats from project failures (at any phase in design, development, production, or sustaining of life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. There are two types of events i.e. negative events can be classified as risks while positive events are classified as opportunities. Risk management standards have been developed by various institutions, including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards (quality management standards to help work more efficiently and reduce product failures). Methods, definitions and goals vary widely...

An alkylation unit (alky) is one of the conversion processes used in petroleum refineries. It is used to convert isobutane and low-molecular-weight alkenes (primarily a mixture of propene and butene) into alkylate, a high octane gasoline component. The process occurs in the presence of an acid such as sulfuric acid (H2SO4) or hydrofluoric acid (HF) as catalyst. Depending on the acid used, the unit is called a sulfuric acid alkylation unit (SAAU) or hydrofluoric acid alkylation unit (HFAU). In short, the alky produces a high-quality gasoline blending stock by combining two shorter hydrocarbon molecules into one longer chain gasoline-range molecule by mixing isobutane with a light olefin such as propylene or butylene from the refinery's fluid catalytic cracking unit (FCCU) in the presence of an acid catalyst. Since crude oil generally contains only 10-40% of hydrocarbon constituents in the gasoline range, refineries typically use an FCCU to convert high molecular weight hydrocarbons into smaller and more volatile compounds, which are then converted into liquid gasoline-size hydrocarbons. Byproducts of the FCC process also creates other low molecular...

An alkylation unit (alky) is one of the conversion processes used in petroleum refineries. It is used to convert isobutane and low-molecular-weight alkenes (primarily a mixture of propene and butene) into alkylate, a high octane gasoline component. The process occurs in the presence of an acid such as sulfuric acid (H2SO4) or hydrofluoric acid (HF) as catalyst. Depending on the acid used, the unit is called a sulfuric acid alkylation unit (SAAU) or hydrofluoric acid alkylation unit (HFAU). In short, the alky produces a high-quality gasoline blending stock by combining two shorter hydrocarbon molecules into one longer chain gasoline-range molecule by mixing isobutane with a light olefin such as propylene or butylene from the refinery's fluid catalytic cracking unit (FCCU) in the presence of an acid catalyst. Since crude oil generally contains only 10-40% of hydrocarbon constituents in the gasoline range, refineries typically use an FCCU to convert high molecular weight hydrocarbons into smaller and more volatile compounds, which are then converted into liquid gasoline-size hydrocarbons. Byproducts of the FCC process also creates other low molecular...

The Eurasian curlew or common curlew (Numenius arquata) is a very large wader in the family Scolopacidae. It is one of the most widespread of the curlews, breeding across temperate Europe and Asia. In Europe, this species is often referred to just as the "curlew", and in Scotland known as the "whaup" in Scots. Taxonomy The Eurasian curlew was formally described by the Swedish naturalist Carl Linnaeus in 1758 in the tenth edition of his Systema Naturae under the binomial name Scolopax arquata. It is now placed with eight other curlews in the genus Numenius that was introduced by the French ornithologist Mathurin Jacques Brisson in 1760. The genus name Numenius is from Ancient Greek νουμήνιος, noumēnios, a bird mentioned by Hesychius. It is associated with the curlew because it appears to be derived from neos, "new" and mene "moon", referring to the crescent-shaped bill. The species name arquata is the Medieval Latin name for this bird, derived from Latin arcuatus, "bow-shaped", and again referring to the shape of the...