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How Canada’s oil sands transformed into one of North America’s lowest-cost plays

Oil & Gas 360º

In one example, two four-legged robots— each nicknamed Spot because of their dog-like appearance — prowl Imperial’s vast 45-year-old Cold Lake operation in Alberta, conducting routine equipment inspections and maintenance such as heat exchanger optimizations, and oil/water tank interface monitoring.

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Texas oil and gas jobs increased in May despite market turmoil, new report says

Oil & Gas 360º

Top posted industry occupations for May included retail salespersons (355), heavy and tractor-trailer truck drivers (285), and maintenance and repair workers, general (284). The top posted job titles for May included maintenance technicians (118), retail cashiers (77), and sales associates (70).

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OPEC says world economy may do better in second half of year

Oil & Gas 360º

million bpd in June from May as refiners returned from maintenance, a sign of a stronger oil market, OPEC said in the report, adding that throughput was likely to stay high. Closing Bell Story‎ Commodities Crude Oil Exploration & Production (E&P) Featured oil prices OPEC refiners crude intake world economy

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Seizing the agentic AI advantage

McKinsey

Gen AI is everywhere—except in company P&L About QuantumBlack, AI by McKinsey QuantumBlack, McKinsey’s AI arm, has been helping businesses create value from AI since 2009, expanding on McKinsey’s technology work over the past 30 years. The result: improved service levels, reduced logistics costs, and lower emissions.

Casing 145
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Trans Energy Settlement Shows Need for E&P Wetlands Compliance Strategy

The Energy Law

The Trans Energy settlement shows that exploration and production (E&P) companies need a rigorous compliance strategy for wetlands permit requirements. On the other hand, the legal commentary has virtually ignored the importance of Nationwide Permits (NWPs) 12 and 39 to E&P activities. See 77 Fed. 10184 (Feb.

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US refiner Phillips 66 posts bigger-than-expected quarterly loss

Oil & Gas 360º

(BOE Report) – Phillips 66 reported a bigger-than-expected loss in the first quarter on Friday, as lower refining margins amid a widespread maintenance and turnaround activity across the U.S. refining sector weighed on its performance.

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EQT to buy Marcellus assets from Olympus Energy for $1.8 billion

Oil & Gas 360º

Olympus Energy has over 10 years of high-quality Marcellus inventory at maintenance activity levels, with an additional 7 years of upside from the Utica. The assets which EQT is buying are positioned adjacent to several proposed power generation projects, providing potential strategic value upside, the company said.

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