OilPrice

MAY 23, 2025

Asian markets have been oversupplied with light grades for most of this cycle, driven by outages at Japanese refiners, increased UAE availability this cycle following the accelerated OPEC+ unwind, and planned maintenance at Saudi Arabia's Petro Rabigh refinery, Energy Aspects analyst

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BOE Report

MARCH 12, 2025

crude oil stockpiles rose and fuel inventories fell last week as seasonal refinery maintenance season ticked along, the Energy Information Administration (EIA) said on Wednesday. Crude inventories rose by 1.4 million barrels to 435.2

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Oil Gas Leads

JUNE 21, 2025

Logistics management in the oil and gas industry plays a critical role in ensuring safe, timely, and cost-effective movement of materials, equipment, and personnel across upstream, midstream, and downstream operations. Midstream Logistics Pipeline Construction & Maintenance : Pipe transport, ROW access, material yards.

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Oil & Gas 360º

APRIL 25, 2025

(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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Oil & Gas 360º

APRIL 22, 2025

(Oil & Gas 360) – Expectations And Oil Prices Have Bottomed With Heading-UP-To-Summer And Much Needing To Be Done Increasing With The Tariff Strategy. Cold air tugged the price of West Texas Intermediate (WTI) crude oil up above $80 per barrel mid-January (Figure 1, red line). crude oil inventory.

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Rigzone

MAY 25, 2025

National oil and gas company NNPC did not say how long the shutdown, which includes a 'sustainability assessment', would last.

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Aresco

MARCH 13, 2025

AI in oil and gas is propelling the industry to new heights. The oil and gas industry has always been driven by innovation, and today, artificial intelligence (AI) is pushing the sector into a new era of efficiency, precision, and profitability. Digital twinsvirtual models of physical assetsare also transforming maintenance strategies.

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BOE Report

MARCH 20, 2025

Asia’s sour crude demand is set to rebound from late in the second quarter as refiners return from maintenance and Exxon Mobil completes a Singapore refinery upgrade that is poised to increase its heavy oil use, traders and analysts said.

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PetroSync

APRIL 29, 2025

One key element that often determines the successor catastrophic failureof major facilities like refineries, petrochemical plant, and power stations is the humble but mighty pressure vessel. The post Pressure Vessel Maintenance: Best Practices appeared first on PetroSync Blog.

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PetroSync

MARCH 23, 2025

When not addressed effectively, these concerns can result in expensive maintenance costs, operational disruptions, and potential safety hazards. Engineers, inspectors, and maintenance teams must have a thorough understanding of these damage mechanisms in order to ensure the reliability [.]

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Oil & Gas Journal

JANUARY 29, 2025

PT Pertamina let a contract to ABL Group ASA to deliver services for a project to improve asset management and maintenance for a modernization program at PT KPI's Cilacap complex in Central Java.

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Egypt Oil & Gas

MARCH 27, 2025

Minister of Petroleum and Mineral Resources Karim Badawi witnessed the proceedings of the General Assembly meeting of the Egyptian Company for Operation and Maintenance of Projects (EPROM) to review its 2024 business performance. The post EPROMs 2024 Net Profits Reached EGP 1.096B first appeared on Egypt Oil & Gas.

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Orient Energy Review

MARCH 27, 2023

This development comes on the heels of another report that lingering strikes and protests in the French refining sector and seasonal maintenance at plants elsewhere in Europe cut into the OPEC producers sales. Long-haul buyers like Indian Oil Corp. Each cargo is about a million barrels of crude.

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Permian Basin Oil and Gas Magazine

MAY 1, 2025

Despite the global oil and gas industry experiencing a 15 percent quarter-on-quarter decrease in the total number of contracts, from 1,596 in Q3 2024 to 1,353 in Q4 2024, the overall contract value remained stable, driven by the announcement of some major contracts in Africa, revealed GlobalData , a data and analytics company.A

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Permian Basin Oil and Gas Magazine

APRIL 1, 2025

Despite the global oil and gas industry experiencing a 15 percent quarter-on-quarter decrease in the total number of contracts, from 1,596 in Q3 2024 to 1,353 in Q4 2024, the overall contract value remained stable, driven by the announcement of some major contracts in Africa, revealed GlobalData , a data and analytics company.A

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Iraq Business News: Oil & Gas

APRIL 19, 2025

The agreements were signed between Al-Yusra Industrial , the developer of Karbala Industrial City, and China's SEPCO [Shandong Electric Power Construction] , and cover the construction of four petrochemical plants, infrastructure development, and the operation and maintenance of production units.

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Coolfire Core

OCTOBER 15, 2019

Low-power sensors already help monitor oil and gas operations, but the true benefit of this real-time visibility will lie in data-driven decision-making throughout the supply chain. This IoT tech is capable of gathering, transmitting, and utilizing data and its already making waves in the oil and gas industry.

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Scambio Termico

DECEMBER 17, 2021

In the past three decades, more than 30,000+ units have been installed globally in various applications like crude oil refinery, oil and gas, petrochemicals, pulp and paper, mining and metal industries, to name a few. Table 1 shows/compares design output on various parameters for both Compabloc and shell and tube technology.

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The Energy Law

JANUARY 28, 2021

With topics ranging from offshore oil and gas moratoriums to restrictions on natural gas flaring and venting, the following is an overview of notable energy legislation to be heard in state legislatures this year. Antoinette Sedillo Lopez, SB 86 would add several new clauses and amendments to New Mexico’s Oil and Gas Act. 1] [link]. [2]

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The Energy Law

JANUARY 28, 2021

With topics ranging from offshore oil and gas moratoriums to restrictions on natural gas flaring and venting, the following is an overview of notable energy legislation to be heard in state legislatures this year. Antoinette Sedillo Lopez, SB 86 would add several new clauses and amendments to New Mexico’s Oil and Gas Act. 1] [link]. [2]

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Mees

JUNE 6, 2025

Israel’s refinery output for Q1 dropped 16% from the previous quarter to 243,500 b/d, or 82% of nameplate capacity, according to the latest filings from the country’s two refineries: the 197,000 b/d Bazan Refinery at Haifa in the north and the 100,000 b/d Ashdod Refinery in southern Israel.

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Oil & Gas 360º

MAY 27, 2025

(BOE Report) – Saudi Arabia has been cranking up oil refining operations to capture strong profit margins, helping the kingdom offset revenue lost from declining crude prices and exports. Saudi Arabia has nine local refineries with a combined capacity of 3.33 The kingdoms domestic refineries processed 2.94

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Oil & Gas 360º

MAY 9, 2025

(Oil & Gas 360) – Over the past few weeks, several headlines regarding the international oil business have surprised market watchers: A note on the news: Break-even oil prices- oil and gas 360 The news that the OPEC+ group decided to increase its production rate in May by 411,000 barrels a day (b/d).

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Energy Outlook Advisors

MARCH 26, 2025

Given planned refinery maintenance and announced closures, we are concerned that low distillate inventories might raise diesel prices, even if oil prices do not rise. Meanwhile, China is re-arranging shipments to prevent its oil majors from directly buying Venezuelan oil. Subscribe now IN DETAIL Read more

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Valor

MARCH 17, 2025

March 17, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Oils oversupply spiral: can prices stay above $60? Summary : The IEA reports that global crude supply is exceeding demand by 600,000 bpd, pushing oil prices toward the $60-$80 per barrel range, with U.S.

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Valor

MAY 19, 2025

May 19, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Oil rises as Iran talks stall Summary : Oil prices rose as Iran downplayed progress in nuclear talks, with Brent settling above $65 (up over 1%) and WTI topping $62. bcm, crude oil increased 1.5%

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Oil Review Middle East

MAY 13, 2025

US President Trumps visit to the Middle East has the potential for significantly impacting oil markets, according to energy consultancy Rystad Energy Brent oil is hovering around US$65/bbl, buoyed by progress made on US-China trade negotiations, which have also eroded some demand side pessimism.

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Aresco

NOVEMBER 7, 2024

The Positive Impact of Donald Trumps Reelection on the Oil and Gas Industry With Donald Trumps recent reelection, the American oil and gas industry is eagerly anticipating a new era of supportive policies and regulatory changes designed to prioritize energy independence and economic growth. In 2018, U.S.

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