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

Oil & Gas 360ยบ

(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.

Refinery 130
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IBBC Conference: Iraq Prioritises Gas Investment to Boost Growth

Iraq Business News: Oil & Gas

Abdul Ghani emphasized Iraq's strategy of integrated projects, linking oil production, gas utilization, power generation, refining, and petrochemical industries. Meanwhile, the government is progressing with a 700 km, 56-inch oil pipeline from Basra to Haditha, supporting domestic refineries and export capacity.

Gas 52
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Californiaโ€™s Energy Network at Risk Amid Spreading Wildfires

Rextag

As flames continue to rage across Los Angeles and surrounding areas, pipelines, refineries, and power systems are under serious threat, creating the potential for widespread energy disruptions across multiple states. This would affect California and have broader repercussions across the Western U.S.

Energy 40
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From Wellhead to Water: How Midstream Companies Are Shaping the Future of Energy Exports

Oil Gas Leads

Leading companies are aggressively expanding and integrating their gathering, processing, pipeline, and export infrastructure. Companies are taking full control of the supply chain from gathering and processing to pipeline transportation and export terminals to streamline operations and capture higher margins. ” Pierce H.

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

Aresco

AI models analyze real-time data from drilling sites, pipelines, and refineries, adjusting operations to optimize production and efficiency. AI-powered systems can fine-tune extraction techniques, monitor pipeline integrity, and adjust refinery processes to maximize output while reducing the risk of inefficiencies.

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

Coolfire Core

This IoT tech is capable of gathering, transmitting, and utilizing data and its already making waves in the oil and gas industry. Similarly, accidents from pipeline leakage to oil spills can incur large fines and significant reputational damage. One of the top benefits is seamless collaboration.

Oil 52
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Key US energy data trends to track as tariffs kick in: Maguire

Oil & Gas 360ยบ

(BOE Report) – Energy product traders, utilities, investors and business executives are among those scrambling to assess the likely impact of new steep tariffs on the United States largest trade partners, which kicked in on Tuesday. refinery margins and boost U.S. refinery production levels, and eat into overall U.S.

Crude Oil 130