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A method for hydrocracking a feedstream comprising liquid hydrocarbon by forming a dispersion comprising hydrogen-containing gas bubbles dispersed in the liquid hydrocarbon, wherein the bubbles have a mean diameter of less than about 5 μm, and introducing the dispersion into a hydrocracker comprisin

A method for hydrocracking a feedstream comprising liquid hydrocarbon by forming a dispersion comprising hydrogen-containing gas bubbles dispersed in the liquid hydrocarbon, wherein the bubbles have a mean diameter of less than about 5 μm, and introducing the dispersion into a hydrocracker comprising hydrocracking catalyst. A method for hydrocracking by subjecting a fluid mixture comprising hydrogen-containing gas and liquid hydrocarbons to a shear rate greater than 20,000 s−1 to produce a dispersion of hydrogen in a continuous phase of the liquid hydrocarbons, and introducing the dispersion into a fixed bed hydrocracking reactor from which a hydrocracked product is removed. A system for hydrocracking a hydrocarbonaceous feedstream including at least one high shear device capable of producing a tip speed of the at least one rotor of greater than 5.0 m/s, and a hydrocracker containing hydrocracking catalyst and comprising an inlet fluidly connected to an outlet of the high shear device.

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1. A method for hydrocracking a feedstream comprising a liquid hydrocarbon, the method comprising: forming a dispersion comprising hydrogen-containing gas bubbles dispersed in the liquid hydrocarbon, wherein the hydrogen-containing gas bubbles have a mean diameter of less than about 5 μm, by introdu

1. A method for hydrocracking a feedstream comprising a liquid hydrocarbon, the method comprising: forming a dispersion comprising hydrogen-containing gas bubbles dispersed in the liquid hydrocarbon, wherein the hydrogen-containing gas bubbles have a mean diameter of less than about 5 μm, by introducing a mixture of the hydrogen-containing gas and the feedstream to an external high shear device comprising at least one toothed rotor and complementarily-shaped stator separated by a shear gap in the range of from about 0.025 mm to about 10.0 mm, wherein the shear gap is the minimum distance between the rotor and the stator, and wherein subjecting the mixture to shear initiates the formation of free radicals without the presence of a catalyst, wherein the high shear device comprises an enclosure whereby the temperature and pressure therein can be controlled, and wherein the at least one toothed rotor is rotated at a tip speed of at least 5.0 m/s during formation of the dispersion; andtransferring the dispersion from the external high shear device to a fixed bed hydrocracking reactor in the presence of a hydrocracking catalyst, wherein at least a portion of the feedstream is converted into hydrocracked product. 2. The method of claim 1 wherein the catalyst is present as a bed of catalyst. 3. The method of claim 1 wherein the mean gas bubble diameter is less than 100 nm. 4. The method of claim 1 wherein the hydrocracking catalyst comprises zeolite, clay, alumina, silica, zirconia, magnesia, titania, or a combination thereof. 5. The method of claim 1 further comprising: transporting the mixture to the high shear device at a feed pressure in the range of about 14 psig to about 55 psig and a feed temperature in the range of about 400° F. to about 1100° F.;operating the hydrocracking reactor at a reactor pressure in the range of about 100 psig to about 10,000 psig and a reactor temperature in the range of about 250° F. to about 850° F.; andremoving the hydrocracked product from the hydrocracking reactor and using a high pressure separator to remove excess hydrogen from the hydrocracked product. 6. The method of claim 5 further comprising recycling at least a portion of recovered hydrogen to the external high shear device. 7. The method of claim 5 further comprising, upon removal of hydrogen therefrom in the high pressure separator, fractionating the product whereby a bottoms product is obtained. 8. The method of claim 7 further comprising recycling at least a portion of the bottoms product to the external high shear device. 9. The method of claim 1, wherein forming the dispersion in the external high shear device comprises subjecting the mixture to a shear rate of greater than about 20,000 s−1, and wherein the shear rate varies in the high shear device along a longitudinal flow path. 10. The method of claim 1, wherein the at least one toothed rotor comprises circumferentially spaced rotor teeth. 11. The method of claim 10 wherein the external high shear device produces a local pressure of at least about 1034.2 MPa (150,000 psi) at the tip of the at least one toothed rotor. 12. The method of claim 10 wherein the energy expenditure of the external high shear device is greater than 1000 W/m3. 13. The method of claim 1 wherein the feedstream comprises at least one selected from residual oils, gas oils, and combinations thereof. 14. A method for hydrocracking, the method comprising: introducing a fluid mixture comprising hydrogen gas and liquid hydrocarbons to be hydrocracked to an external high shear device comprising at least one toothed rotor and complementarily-shaped stator separated by a shear gap in the range of from about 0.025 mm to about 10.0 mm, wherein the shear gap is the minimum distance between the rotor and the stator, and operating with a shear rate greater than 20,000 s−1 to produce a dispersion comprising hydrogen gas bubbles in a continuous phase of the liquid hydrocarbons and initiate the formation of free radicals without the presence of a catalyst, wherein the hydrogen gas bubbles have a mean diameter of less than about 5 μm, wherein the external high shear device comprises enclosure whereby the temperature and pressure therein can be controlled, and at least one generator comprising the toothed rotor and a complementary-shaped stator; andintroducing the dispersion into a fixed bed hydrocracking reactor, whereby a hydrocracked product is produced. 15. The method of claim 14 further comprising: separating, at a first pressure, the hydrocracked product into a gas stream and a separated liquid product stream comprising hydrocracked product;fractionally distilling the separated liquid product stream at a second pressure lower than the first pressure to separate lower boiling compounds in the separated liquid product stream from higher boiling compounds; andrecycling at least a portion of the higher boiling compounds to the external high shear device. 16. The method of claim 14 further comprising: introducing the fluid mixture to the external high shear device at a feed pressure in the range of about 14 psig to about 55 psig and a feed temperature in the range of about 400° F. to about 1100° F.; andoperating the hydrocracking reactor at a reactor pressure in the range of about 100 psig to about 10,000 psig and a reactor temperature in the range of about 250° F. to about 850° F., and wherein the average bubble diameter of the mechanically sheared hydrogen gas in the dispersion is less than about 100 nm. 17. The method of claim 14 wherein the dispersion is stable for at least about 15 minutes at atmospheric pressure. 18. The method of claim 14 wherein the external high shear device comprises at least two generators, wherein the shear rate in at least one generator is different from the shear rate in at least another generator. 19. The method of claim 1 further comprising: removing the hydrocracked product from the hydrocracking reactor;removing excess hydrogen from the hydrocracked product, thus providing a hydrogen-reduced hydrocracked product;fractionating the hydrogen-reduced hydrocracked product, thus providing a bottoms product and a fractionated hydrocracked product; andrecycling a portion of the hydrocracked product from the hydrocracking reactor to the external high shear device, recycling a portion of the hydrogen-reduced hydrocracked product to the external high shear device, recycling a portion of the bottoms product to the external high shear device, or a combination thereof. 20. The method of claim 1 wherein the hydrogen-containing gas bubbles are nanobubbles. 21. The method of claim 14 wherein the hydrogen gas bubbles are nanobubbles.