mark

Turning Robotic Inspections into Actionable Insight

Across the U.S. energy and industrial landscape, inspection programs are evolving rapidly. In sectors such as oil and gas, petrochemicals, refining, and heavy manufacturing, operators face constant pressure to improve safety, reduce unplanned downtime, and extend asset life.  Facilities are often large, complex, and high-risk environments. Equipment failures can result in costly shutdowns, environmental incidents, …

Turning Robotic Inspections into Actionable Insight Read More »

OPEC+ Agrees in Principle to Keep Planned Pause in Oil Output Hikes for March, Sources Say

  (Reuters) – Eight OPEC+ countries have agreed in principle to maintain a planned pause in their oil output hikes for March, according to three OPEC+ sources and a draft statement seen by Reuters ahead of their Sunday meeting. The countries had agreed the pause in output hikes for the first quarter in November. The …

OPEC+ Agrees in Principle to Keep Planned Pause in Oil Output Hikes for March, Sources Say Read More »

Union Extends talks with Marathon, Averting Strike at Refineries

Summary Strike averted on a rolling 24-hour basis, union says Union has rejected at least five Marathon proposals Last proposal would have provided 14% pay increase over four years (Reuters) – The United Steelworkers union said late on Saturday it would extend talks with Marathon Petroleum, averting a strike by 30,000 workers at U.S. refineries …

Union Extends talks with Marathon, Averting Strike at Refineries Read More »

US Lower 48 Crude Output Down 379,000 Bpd in January on Storm Outages 

U.S. crude output is expected to be down 379,000 barrels per day in the lower 48 states for the month of January, according to consultancy Rystad, as operators kept restoring production after a winter storm knocked off up to 2 million bpd of output last weekend. U.S. crude output from the lower 48 states was …

US Lower 48 Crude Output Down 379,000 Bpd in January on Storm Outages  Read More »

North Dakota Oil Output Fully Restored, Nationwide Outages Dropping

(Reuters) – All of North Dakota’s crude production was back online on Friday, state regulators said, after recovering from an arctic blast from a winter storm that has disrupted production nationwide. North Dakota is the third-largest oil-producing U.S. state, and output totaled 1.189 million barrels per day in November, the latest monthly data from the …

North Dakota Oil Output Fully Restored, Nationwide Outages Dropping Read More »

Chevron Can Process Another 100,000 bpd of Venezuelan Crude at its US Refineries, CEO Says

(Reuters) – Chevron CEO Mike Wirth said on Friday the U.S. oil major can process an additional 100,000 barrels per day of Venezuelan crude at its refineries. “We’ve been bringing about 50,000 barrels a day, give or take, into our Pascagoula, Mississippi, refinery on the Gulf Coast. We can take another 100,000 barrels a day …

Chevron Can Process Another 100,000 bpd of Venezuelan Crude at its US Refineries, CEO Says Read More »

Mexico to Seek Diplomatic Solution After US Threatens Cuba Oil Tariffs

(Reuters) – Mexico’s President Claudia Sheinbaum said on Friday her country would seek diplomatic solutions and alternatives to help Cuba after the United States threatened tariffs on nations that supply the Caribbean nation with oil. “We need to know the scope because we don’t want to put our country at risk in terms of tariffs,” …

Mexico to Seek Diplomatic Solution After US Threatens Cuba Oil Tariffs Read More »

Chevron in Talks With Iraq, Libya to Evaluate Exploration Opportunities

Chevron CEO Mike Wirth said on Friday the U.S. oil major was in discussions with the governments of Iraq and Libya to look at existing producing oilfields and evaluate exploration opportunities. The company needed to see compelling investment return potential in those countries, Wirth added. Reporting by Vallari Srivastava in Bengaluru and Sheila Dang in …

Chevron in Talks With Iraq, Libya to Evaluate Exploration Opportunities Read More »

US Share of Europe’s LNG Imports Increased to 60% in January

(Reuters) – The United States supplied 60% of the European Union’s liquefied natural gas this month, data showed on Friday, confirming its role as Europe’s dominant LNG supplier as some European officials become wary of growing reliance on U.S. energy. The 60% share was an increase from both last month and January 2025, when the …

US Share of Europe’s LNG Imports Increased to 60% in January Read More »