Inspectioneering

2 weeks ago | inspectioneering.com | Mohi Narayan |Nidhi Verma |Christopher Cushing

India's Reliance Industries (RELI.NS) has shut a crude unit and some secondary units for maintenance for 21 days from this week at its 660,000 barrels-per-day domestic market-focussed refinery, trade sources familiar with the matter said. Reliance, operator of the world's biggest refining complex at Jamnagar in Western Gujarat state, has two refineries at the complex with a combined capacity to process about 1.4 million bpd of crude oil.

1 month ago | inspectioneering.com | Scott DiSavino |Shariq Khan |Nia Williams |Leslie Adler

U.S. crude oil and natural gas output set records in December, and oil demand touched multi-month highs, the U.S. Energy Information Administration said in its Petroleum Supply Monthly report on Friday. Crude oil output hit 13.491 million barrels per day (bpd) in December, up from 13.314 million bpd in November and topping the prior all-time high of 13.436 million in October, the EIA said.

1 month ago | inspectioneering.com | John Reynolds

By John Reynolds, Principal Consultant at Intertek. This article appears in the January/February 2025 issue of Inspectioneering Journal. Executive Summary This article is about how total quality management (TQM) connects and improves our FEMI programs to help us keep each program functioning well to provide process safety and business success.

2 months ago | inspectioneering.com | Vallari Srivastava |Shinjini Ganguli |Shailesh Kuber

Elliott Investment Management said on Tuesday it has built a stake of more than $2.5 billion in U.S. refiner Phillips 66 (PSX.N) and plans to push for operational changes and the sale of the company's midstream business. Phillips 66 shares rose 3.3% in late morning trade. Last year, Elliott disclosed a $1 billion stake in Phillips 66, following which the company laid out a performance improvement plan to boost shareholder returns and share price.

2 months ago | inspectioneering.com | Vallari Srivastava |Seher Dareen |Shinjini Ganguli

Oilfield services provider Baker Hughes (BKR.O) said on Thursday it has signed an agreement with Venture Global (VG.N) to support its liquefied natural gas (LNG) projects in the United States with technology and equipment. The company has also signed a services frame agreement to support phase 1 and 2 of the Venture Global's Plaquemines LNG project in Louisiana.