Monday, September 13, 2021
Tropical Storm Nicholas
Offshore

U.S. Energy Hub Faces Another Storm Hit

By Liz Hampton Sept 13 (Reuters) – Royal Dutch Shell on Monday began evacuating staff from a U.S. Gulf of Mexico oil platform, and other energy companies began preparing for...

September 13, 2021
Total Views: 1019

Tuesday, March 2, 2021
Louisiana Offshore Oil Port
Ports

Louisiana Offshore Oil Port Loadings Crash to Zero From Record

By Sheela Tobben (Bloomberg) — Crude exports from Louisiana’s offshore supertanker port tumbled to zero as Asian buyers limited purchases to manage high inventories that threaten to overwhelm storage facilities. The...

March 2, 2021
Total Views: 4513

Tuesday, February 16, 2021
houston ship channel
Shipping

Deep Freeze Shuts Houston Ship Channel

By Swati Verma Feb 16 (Reuters) – A deep freeze continued to wreak havoc on the U.S. energy sector, bringing operations to a halt at the Houston Ship channel, while...

February 16, 2021
Total Views: 2891

Wednesday, February 3, 2021
us oil exports
Maritime News

Asia Pushes U.S. Supertanker Port’s Oil Export Shipments to Record High

By Sheela Tobben (Bloomberg) American oil exports from Louisiana’s offshore supertanker port jumped to a record in January as Asian buyers are stocking up U.S. crude for a post-pandemic rebound...

February 3, 2021
Total Views: 3057

Thursday, January 7, 2021
us oil exports
Shipping

How Exporting the U.S. Shale Boom Changed Oil Markets Forever

By Sheela Tobben and Dave Merrill (Bloomberg) — Five years ago on New Year’s Eve, the Theo T left the Texas Gulf Coast with the first U.S. shale crude shipment overseas. The...

January 7, 2021
Total Views: 4868

Monday, August 17, 2020
us oil exports
Maritime News

China’s Plans To Boost American Oil Imports

by Bozorgmehr Sharafedin (Reuters) – Oil prices steadied on Monday as news that China planned to ship large volumes of U.S. crude in August and September countered rising tensions between the...

August 17, 2020
Total Views: 54

Thursday, May 14, 2020
Maritime News

Small Irish Terminal Draws U.S. Oil With Global Storage Filling

By Sheela Tobben (Bloomberg) –A cluster of ships with American oil has been heading to a small terminal in southern Ireland as buyers search for places to store crude in...

May 14, 2020
Total Views: 37

Wednesday, October 16, 2019
tanker at sea
Maritime News

Oil Trading in U.S. Gulf Dries Up as Tanker Rates Skyrocket

By Sheela Tobben (Bloomberg) –Soaring oil-tanker costs are drying up activity in the U.S. export market as sellers are slow to lower offers and buyers are skittish, according to market...

October 16, 2019
Total Views: 23

Friday, August 23, 2019
Maritime News

China Tariffs on U.S. Oil to Pressure Exports, Gulf Coast Prices

HOUSTON, Aug 23 (Reuters) – China’s threat on Friday to slap a 5% tariff on U.S. oil imports could further soften demand for physical crude at hubs along the U.S....

August 23, 2019
Total Views: 15

Wednesday, June 19, 2019
vlcc tanker
Maritime News

Refiner Phillips 66 Enters U.S. Offshore Oil Export Race

By Collin Eaton HOUSTON, June 19 (Reuters) – U.S. oil refiner Phillips 66 is proposing a deepwater crude export terminal off the U.S. Gulf Coast, challenging at least eight other...

June 19, 2019
Total Views: 13

Wednesday, May 1, 2019
fpmc c melody supertanker
Maritime News

Enterprise Products Says Crude Volumes at Marine Terminals Hit Record

By Devika Krishna Kumar NEW YORK, May 1 (Reuters) – Enterprise Products Partners LP said on Wednesday volumes at its crude marine terminals jumped to a record of nearly 900,000...

May 1, 2019
Total Views: 3

Wednesday, April 24, 2019
vlcc tanker
Maritime News

U.S. Oil Flowing Freely to China Again

By Serene Cheong (Bloomberg) — It seems Asia’s biggest oil buyer can’t stay away from crude pumped in the world’s fastest-growing supplier for long. A supertanker laden with U.S. oil...

April 24, 2019
Total Views: 15

Thursday, March 28, 2019
vlcc tanker
Maritime News

Proposed $1 Billion Corpus Christi Oil Export Terminal Moves Forward

HOUSTON, March 28 (Reuters) – A proposed $1 billion deepwater oil-export project moved ahead on Thursday with U.S. private equity firm Carlyle Group agreeing to a 50-year lease on land...

March 28, 2019
Total Views: 18

Tuesday, March 26, 2019
tanker loading
Maritime News

From Texas to the World: Flood of U.S. Oil Exports Is Coming

By Javier Blas (Bloomberg) –Oil trader Paul Vega is at the vanguard of shale’s next revolution. Driving his pick-up truck through the heartland of the Permian basin — the vast...

March 26, 2019
Total Views: 19

Wednesday, March 20, 2019
Maritime News

As U.S. Oil Grows, So Does Its Influence on Global Prices

By Alex Longley and Sheela Tobben (Bloomberg) — For a glimpse into what the global oil price might look like one day, a good place to look is the Dutch port of...

March 20, 2019
Total Views: 6

Monday, March 11, 2019
port of corpus christi
Maritime News

Occidental Emerges as Heavy Hitter in U.S. Oil Export Boom

By Devika Krishna Kumar and Florence Tan NEW YORK/HOUSTON, March 11 (Reuters) – Occidental Petroleum Corp has emerged as one of the biggest exporters of U.S. shale oil, rivaling large trading...

March 11, 2019
Total Views: 9

Monday, February 11, 2019
tanker
Maritime News

Sentinel Plans U.S. Oil Export Terminal Off Freeport, Texas

HOUSTON, Feb 11 (Reuters) – Sentinel Midstream on Monday became the latest contender in the race to build a crude export terminal off the U.S. Gulf Coast, announcing plans to...

February 11, 2019
Total Views: 8

Thursday, January 24, 2019
tanker loading
Maritime News

Magellan Eyeing Freeport, Texas for Crude Export Terminal

HOUSTON, Jan 24 (Reuters) – Magellan Midstream Partners LP has begun talks with companies developing crude transportation assets in Freeport, Texas, as it considers building a U.S. crude export terminal...

January 24, 2019
Total Views: 7

Thursday, January 10, 2019
oil tanker loading
Maritime News

U.S. Oil Export Boom Sparks a Battle to Build Texas Port

By Collin Eaton CORPUS CHRISTI, TEXAS, Jan 10 (Reuters) – Booming U.S. oil exports have set off a scramble to build Gulf Coast ports to handle more than 3 million barrels...

January 10, 2019
Total Views: 9

Thursday, December 6, 2018
tanker at sea
Maritime News

VLCC Exports Picking Up at Louisiana Offshore Oil Port

By Sheela Tobben (Bloomberg) — The Louisiana Offshore Oil Port is pushing out the most crude it’s shipped in any one month since the terminal began supertanker exports in February. As the...

December 6, 2018
Total Views: 2