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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. refinery utilization stood at 85.6% Gulf Coast pressured that market lower. million, 4.2%

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US crude inventories rise, fuel draws down amid ongoing maintenance, EIA says

BOE Report

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

Aresco

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. AI-powered predictive maintenance analyzes vast amounts of operational data in real time to detect early warning signs of potential failures.

Oil 52
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Survey of Proposed Legislation Across the States Affecting the Energy Industry in 2021

The Energy Law

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). Communications include firm news, insights, and events.

Energy 52
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Software Is the Missing Piece to Oil & Gas Digital Transformation

Coolfire Core

IoT-enabled insights are proving useful for predictive maintenance, remote monitoring, and risk mitigation. Heres how the use of low-power sensors and edge computing is already boosting visibility and efficiency: Equipment management and predictive maintenance.

Oil 52
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Survey of Proposed Legislation Across the States Affecting the Energy Industry in 2021

The Energy Law

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). Communications include firm news, insights, and events.

Energy 40
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Decentralisation – pivotal redesign of today’s energy systems

Yokogawa

Decentralization , on the other hand, is an excellent synopsis of all transitions that need to happen at the information technology and communication levels. Energy security is provided by proper monitoring and maintenance of the network, overcapacity of the supply side, and interconnections with other countries. sunnier or windier).

Energy 52