Carbon neutral conversion of residue

A system comprising:

• a gasification unit configured to receive a petroleum residue stream, an oxygen stream, and a carbon dioxide stream, the gasification unit configured to react the petroleum residue stream with the oxygen stream and the carbon dioxide stream to produce a syngas stream comprising carbon dioxide, carbon monoxide, and hydrogen;
• a water-gas shift unit configured to receive the syngas stream from the gasification unit, the water-gas shift unit configured to convert at least a portion of the carbon monoxide of the syngas stream into carbon dioxide to produce a shifted syngas stream;
• an acid gas removal unit configured to receive the shifted syngas stream from the water-gas shift unit, the acid gas removal unit configured to separate at least a portion of carbon dioxide from the shifted syngas stream to produce a recycle carbon dioxide stream and separate at least a portion of carbon monoxide from the shifted syngas stream to produce a carbon monoxide stream and a syngas feed stream;
• a methanol synthesis unit configured to receive the syngas feed stream from the acid gas removal unit, the methanol synthesis unit configured to convert at least a portion of carbon dioxide and at least a portion of carbon monoxide of the syngas feed stream into methanol to produce a methanol stream;
• a methanol-to-olefins unit configured to receive at least a first portion of the methanol stream from the methanol synthesis unit, the methanol-to-olefins unit configured to convert at least the first portion of the methanol stream into one or more alkenes to produce an olefins stream;
• an acetic acid production unit configured to receive at least a second portion of the methanol stream from the methanol synthesis unit and at least a portion of the carbon monoxide stream from the acid gas removal unit, the acetic acid production unit configured to react at least the second portion of the methanol stream with at least the portion of the carbon monoxide stream to produce acetic acid;
• and
• a carbon dioxide compression unit configured to receive at least a portion of the recycle carbon dioxide stream from the acid gas removal unit, the carbon dioxide compression unit configured to pressurize at least the portion of the recycle carbon dioxide stream and recycle the pressurized portion of the recycle carbon dioxide stream to the gasification unit to facilitate production of the syngas stream.