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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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AI in Oil and Gas – A Game-Changer for Efficiency and Profitability

Aresco

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.

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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. 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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How TCS’s Intelligent Power Plant solution on AWS helps utilities optimize operations and drive energy transition

AWS: Energy (Oil & Gas)

In this post we explore how this powerful solution delivers both operational excellence and sustainable business outcomes through intelligent energy management. It has open architecture and explainable AI as compared to traditional OEM products. Workbench to create KPIs, FMEAs, and use cases.

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The Benefits of Portable JT Skids for Natural Gas Production

Pro-Gas Services

At Pro-Gas LLC in Dallas, Texas, we understand the dynamic nature of natural gas production and the constant need for efficient, adaptable, and cost-effective solutions. This is especially advantageous in the natural gas industry, where drilling sites and production zones can change frequently.

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Ring Energy announces the closing of the Lime Rock Permian Basin assets acquisition

Oil & Gas 360º

The acquisition further consolidates assets in core counties in the CBP defined by shallow declines, high margin production and undeveloped inventory that immediately competes for capital, and provide for near-term opportunities for field level synergies and cost savings. ABOUT RING ENERGY, INC. Ring Energy, Inc.

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Maximizing Efficiency with High-Performance Compressors

Pro-Gas Services

Increased Productivity. Consistent and reliable air delivery ensures smooth operation of pneumatic tools and processes, minimizing downtime and maximizing productivity. Reduced Maintenance. Advanced filtration systems deliver cleaner air, protecting downstream equipment and improving product quality. Quiet Operation.