This post was originally published on this siteAs the shipyards struggle to effectively recruit and retain new welders to replace the aging workforce, attention increasingly turns to key system suppliers like ESAB…
ESAB Fast-Tracks Welding Efficiency, Effectiveness Read More »
This post was originally published on this siteRandy Warner encourages organizations to communicate safety during June, which is National Safety Month. The post The importance of communicating safety first appeared on LP Gas.
The importance of communicating safety Read More »
This post was originally published on this siteHOUSTON, June 20 (Reuters) – Marathon Petroleum continued assessing damage on Friday to the shut residual hydrotreating unit (RHU) at its 631,000-barrel-per-day Galveston Bay Refinery in Texas City, Texas, from a June 14 fire, said people familiar with plant operations. The assessment began after the fire on the
Marathon Assessing Damage at Texas City Refinery, Sources Say Read More »
This post was originally published on this siteThe EU proposed lowering the cap to $45 per barrel from the current $60, but oil’s surge following Israel’s attack on Iran has complicated efforts to find unanimity among the bloc’s 27 members.
EU Abandons Proposal to Lower Price Cap on Russian Oil Read More »
This post was originally published on this siteSummary Oil futures rise on the week US imposes new Iran-related sanctions amid diplomatic efforts US oil and natural gas rig count falls for eighth straight week, first time since September 2023 EU abandons proposal to lower Russian oil price cap (Reuters) – Oil prices settled down on
Oil Prices Settle Lower as US Sanctions Ease Fears of Escalation in Iran Read More »
This post was originally published on this siteU.S. refinery crude oil processing capacity grew by nearly 40,000 barrels per day in 2024 to 18.4 million bpd, the U.S. Energy Information Administration said on Friday. Motiva Enterprises’ Port Arthur, Texas, plant became the largest single refinery by capacity at 640,500 bpd, passing Marathon Petroleum’s Galveston Bay
US Refinery Capacity Grew by Nearly 40,000 Bpd to 18.4 Million Bpd in 2024 Read More »
This post was originally published on this siteJune 20 (Reuters) – The U.S. Treasury Department on Friday extended a general license protecting Venezuela-owned refiner Citgo Petroleum from creditors through December 20, the department’s website showed, opens new tab. Washington has protected the Houston-based company from creditors in recent years even amid a court-organized auction of
US Treasury Extends License Protecting Citgo From Creditors to December Read More »
This post was originally published on this siteAfter gaining ground in four previous sessions, July Nymex natural gas futures settled lower on Friday as market participants took profits and looked to somewhat milder weather beyond an imminent heat wave in the first week of summer.
Bulls Recoil as Demand ‘Trepidation’ Sends Natural Gas Futures Sharply Lower Read More »
This post was originally published on this siteMarket volatility remained high, but crude still posted a third straight weekly gain.
Oil Gains on Volatile Week Read More »
This post was originally published on this site(Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for an eighth week in a row for the first time since September 2023, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas
US Drillers Cut Oil and Gas Rigs for Eighth Week in a Row, Baker Hughes Says Read More »
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