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

Oil & Gas 360ยบ

government on Canadian crude also pressured the spread as Midwest refiners were seeking WTI-Midland crude to Cushing to replace Canadian light sweet oil, said Energy Aspects analyst Jeremy Irwin. refinery utilization stood at 85.6% Net input of crude oil to refiners on average over 4 weeks to the last week was 15.5 million, 4.2%

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AI in Oil and Gas โ€“ A Game-Changer for Efficiency and Profitability

Aresco

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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Commissioner of Conservation Issues Letter Addressing Emergency Measures to Help Louisiana Oil and Gas Industry

The Energy Law

Coupled with the recent decline in oil and gas prices, many operators are left scrambling in an attempt to navigate unprecedented circumstances. With shutdowns and stay-at-home orders in place and regulatory deadlines looming, Louisiana operators are looking for guidance from regulators on how to proceed.

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Office Functions: There is a Better Way

Permian Basin Oil and Gas Magazine

The back office is usually just that in the oil industryback behind the scenes. And Enverus, known internationally for its research, also offers oil and gas accounting systems, including their own newest option, called RFx (Request For Anything). It rarely makes headlines for great technological leaps.

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Labor and Employment Law FAQs Related to Hurricane Ida

The Energy Law

Employers in the manufacturing, oil, and mining industries that have at least 10 employees are required to pay wages at least twice a month and payment must be made by the payday at the end of the next payroll period. Under the Fair Labor Standards Act , these non-exempt employees only need to be paid for time that they actually work.