U.S. Oil Refiners’ Weekly Capacity Seen Down 225,000 bpd – IIR

U.S. oil refiners are expected to have about 1.8 million barrels per day (bpd) of capacity offline for the week ending Feb. 2, decreasing available refining capacity by 225,000 bpd, research company IIR Energy said on Wednesday. Offline capacity is expected to fall to 1.6 million bpd in the week ending Feb. 9, IIR added. …

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Phillips 66 Shuts Section of Oklahoma Panhandle Pipeline After Fire

Reuters (Reuters) – Phillips 66  said it has shut a section of a natural gas pipeline it operates in the Oklahoma Panhandle after fire and rupture that occurred on Tuesday morning. The company said it is responding to the rupture and fire, while it has not yet determined the cause of the incident. “There have …

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Leveraging PACS for Efficient Digital Image Management

Here, we explore how integrating PACS into the current NDT framework brings significant advantages, impacting various facets of NDT practices. Integration With Existing NDT Infrastructure The successful integration of PACS within the existing NDT framework requires a thoughtful approach that considers the specific needs and processes of the industry. NDT encompasses various techniques such as …

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Biden to Offer $1.5-billion Loan to Restart Michigan Nuclear Power Plant

Funding will be offered as soon as next month to Holtec to restart its Palisades nuclear plant Bloomberg News Article content The Biden administration is poised to loan US$1.5 billion to restart a closed Michigan nuclear power plant, paving the way for a shuttered reactor to reopen in the U.S. for the first time. The funding, …

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U.S. Seeks to Buy About 3 Million Barrels of Oil for SPR for June Delivery

The United States is seeking to buy about 3 million barrels of U.S.-produced sour crude for the Strategic Petroleum Reserve for delivery in June, Department of Energy documents showed on Tuesday. The administration of President Joe Biden is slowly replenishing the emergency stash after selling 180 million barrels in 2022 following Russia’s invasion of Ukraine. …

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Baker Hughes Expects North America Oilfield Spend to Decline in 2024

Baker Hughes Expects North America Oilfield Spend to Decline in 2024 (Reuters) – U.S. oilfield technology firm Baker Hughes said on Wednesday it expects spending on drilling and well completion in North America to fall in 2024 as commodity prices remain volatile. Shale producers have looked to reduce drilling to counter weak prices. Many U.S. …

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COMMENTARY: Biden’s LNG Pause: a Deadly Election Year Fraud – Alex Epstein

In an attempt to buy votes from ignorant, gullible activists, Biden has amputated the US LNG industry without regard for the catastrophic consequences By Alex Epstein Joe Biden has halted LNG expansion, which the world needs for low-cost, reliable, secure energy.He pretends it’s to lower prices or GHG emissions, but it will do neither.Halting LNG is …

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No African Nation Should Have to Halt Fossil Fuels, Kenyan President Says

Kenyan president speaks at Italy-Africa summit in Rome Renewable energy is an economically rational choice, he says Kenyan President William Ruto said African countries need to be able to tap all their energy resources even if that means developing non-renewable sources of fuels. “I firmly believe that no African country can be asked to halt the exploration …

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U.S. Set to Renew Venezuela Oil Sanctions After Presidential Candidate Barred

Biden administration may let six-month suspension end in April US has eased pressure on Maduro amid democratic reforms Maria Corina Machado holds a press conference in Caracas on Monday.Photographer: Gaby Oraa/Bloomberg The Biden administration will restore sanctions on Venezuela’s energy sector if the country upholds its ban on an opposition candidate from running for president, …

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Not So Fast! As Demand for Fast Deliveries Surges, the Industry Struggles on EV Transition

The cost of electric trucks and complications of charger installation hamper progress. The appetite for speedy package delivery is skyrocketing around the planet. Americans do more than 15% of their shopping online, with digital purchases of groceries, shoes, pet food and other goods quadrupling over the past decade to $1 trillion a year. Global e-commerce is expected …

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