Soaring Tanker Rates Leave Americas Awash in Crude Oil
Dense heavy crude, which oil refiners around the world favor for its typically low cost, is piling up in the Americas as soaring freight rates have stifled
Dense heavy crude, which oil refiners around the world favor for its typically low cost, is piling up in the Americas as soaring freight rates have stifled
Cleanup operations are continuing in the Gulf of Mexico near Grand Isle, Louisiana, after a crude oil spill linked to the Louisiana Offshore Oil Port
The U.S. Department of Transportation has approved a license for Texas GulfLink, LLC to build and operate a deepwater crude oil export terminal off
Falling tanker rates are improving the export outlook for US crude, and prices for light sweet barrels, in particular, are getting a
The Trump administration is revamping how offshore oil and gas export terminals are approved, handing control of the deepwater port licensing process from the
The Port of Corpus Christi has marked a significant milestone with the completion of its Channel Improvement Project (CIP), deepening the ship channel serving
President Donald Trump has signed an executive order establishing the National Energy Dominance Council, a new body within the Executive Office of the
India has agreed to boost oil and gas imports from the US in an effort to reduce the trade imbalance between the two countries and avoid retaliatory
Enterprise Products Partners announced today that its Sea Port Oil Terminal (SPOT) project lacks sufficient customer interest to move forward with
By Arathy Somasekhar April 4 (Reuters) – A U.S. appeals court on Thursday upheld federal approval of a deepwater oil-export facility planned off the
By Muyu Xu and Florence Tan SINGAPORE, July 21 (Reuters) – Asian refiners have booked near-record volumes of U.S. crude to be shipped in
HOUSTON, June 8 (Reuters) – Enterprise Products Partners’ Sea Port crude oil export terminal off the coast of Texas could begin operations
HOUSTON, May 16 (Reuters) – Sean Strawbridge, chief executive of the Port of Corpus Christi, the largest U.S. oil-export port by volume, resigned on
HOUSTON, May 12 (Reuters) – Oil pipelines from the top U.S. shale field to Houston that have run half empty are filling again as rising output
By Sherry Su and Sharon Cho (Bloomberg) — US crude transferred from bigger to smaller tankers will contribute to pricing of the world’s most important
By Arathy Somasekhar HOUSTON, March 20 (Reuters) – U.S. crude exports to Europe have hit a record 2.1 million barrels per day on average so far
By Arathy Somasekhar and Muyu Xu HOUSTON/SINGAPORE, Nov 3 (Reuters) – Deliveries of U.S. crude oil to Asia are set to touch a record 1.8
By Sheela Tobben (Bloomberg) — For the first time in four years, there’s no US crude getting exported to France as a workers strike in the European
By Sheela Tobben and Devika Krishna Kumar (Bloomberg) — US crude sales overseas are set to hit fresh records through next year as American oil
By Stephanie Kelly NEW YORK, July 20 (Reuters) – U.S. crude shippers are exporting huge amounts of oil to meet strong demand from Europe
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