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

Oil & Gas 360º

Among the 19 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Support Activities for Oil and Gas Operations led in the ranking for unique job listings in May with 1,972 postings, followed by Gasoline Stations with Convenience Stores (1,447) and Petroleum Refineries (824).

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

Oil & Gas 360º

(Investing) – LONDON -OPEC said the global economy may perform better than expected in the second half of the year despite trade conflicts and refineries’ crude intake would remain elevated to meet the uptick in summer travel, helping to support the demand outlook. Global refinery crude intake posted a sharp increase of 2.1

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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. Its refinery utilization stood at 80% compared with 92% last year. refining sector weighed on its performance. a barrel a year earlier.

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