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Israel’s Haifa Oil Refinery Damaged in Missile Strike

OilPrice

Oil started the week with a gain, after an Iranian missile attack caused damage to the Haifa refinery in Israel over the weekend, prompting a partial shutdown, Israeli media reported, saying the facility remained operational. At the time of writing, Brent crude was trading at $74.83 per barrel.

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Israel’s Oil Refineries says pipelines, transmission lines in Haifa damaged in strikes by Iran

BOE Report

Israel’s Oil Refineries said its pipelines and transmission lines in Haifa had been damaged by missile strikes by Iran, according to a regulatory filing to the Tel Aviv Stock Exchange. Read more]

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Weak refinery, export demand weakens prices for Midland crude along Texas coast

Oil & Gas 360º

(Investing) –HOUSTON – The price spread between WTI Midland crude in West Texas and Houston has narrowed this year as cold weather hurt Permian production, driving up prices, but weaker refinery and export demand on the U.S. Cushing inventories have been near operational lows in recent months, but climbed to about 25.7

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Lyondell Houston refinery ceased operations in February, company says

BOE Report

Lyondell Basell Industries permanently shut its 263,776 barrel-per-day (bpd) Houston refinery in February, said Peter Vanacker, the company’s chief executive during a Friday conference call. 7 the company completed the shutdown of the refinery. Reuters reported on Feb.

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Enhance predictive maintenance with generative AI agents on AWS

AWS: Energy (Oil & Gas)

McKinsey estimates mid-size refineries lose $20–50 million annually due to reliability issues. This paradigm directly addresses the challenges of traditional anomaly detection methods and helps proactively resolve issues before they escalate, reducing downtime and significantly improving operational efficiency.

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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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Valor | Energy Connection – Mar. 17, 2025

Valor

refinery shutdowns of 400,000 bpd are contributing to the surplus. Read more Contact Valor Today Contact us today if you need help outsourcing your oil and gas operations. 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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