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(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.
AI-powered technologies are enabling companies to optimize operations, enhance oil and gas exploration, and prevent costly disruptions. From predictive maintenance to real-time data analytics, AI solutions are revolutionizing how oil and gas companies operate, analyze vast amounts of data, and reduce risk across the board.
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. At the end of 2024, EQs Rice said he was bullish on the short and long-term gas demand prospects as power utilities scramble to provide electricity to the new data centers.
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Without dependable electric services, integral parts of a company, such as communications, production, safety features, and employee amenities, become unavailable. To further explore the possibilities of energy procurement services, call Navigate Power at (888) 601-1789. What is Energy Procurement?
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If this approach is utilized, the parties should consult their tax advisors as to whether a tax partnership agreement should be included in the transaction documents to avoid possible unforeseen tax consequences on the earning of such additional formations. Take into account lease maintenance requirements.
1] This pair of bills seeks the development of stricter state standards (HB 896) and an analysis of inspection and maintenance requirements for air quality permits for certain oil and gas facilities including regulatory and/or incentive-based approaches to reduce emissions (HB 897).
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