Saturday, December 10, 2016
oil tanker
Blog

Oil Traders Prepare Flotilla To Ship U.S. Exports To Asia

By Chen Aizhu and Catherine Ngai (Reuters) Oil traders and major producers are lining up a flotilla of carriers to ship more U.S. crude to Asia in December than in...

December 10, 2016
Total Views: 22

Monday, September 26, 2016
Maritime News

BP Tanker Carrying US Crude Discharged at Curacao After 100-day Wait

HOUSTON, Sept 26 (Reuters) – A tanker carrying over 1 million barrels of U.S. light crude finished discharging on Monday after a 100-day wait related to payment delays from Venezuela’s...

September 26, 2016
Total Views: 7

Thursday, August 25, 2016
US Crude Export Caribbean Map
Maritime News

The Most Complex U.S. Crude Export Plan Imaginable

by Andy Hoffman (Bloomberg) Mercuria Energy Group Ltd. has engineered perhaps the most logistically complex trade yet to export U.S. oil since a four-decade ban on sales was lifted. Mercuria...

August 25, 2016
Total Views: 27

Thursday, August 18, 2016
Oil Tanker Ship Passes Under San Francisco's Golden Gate Bridge
Maritime News

Oil Traders Rush To Dispatch Tankers To U.S. Ports

By Catherine Ngai (Reuters) A rare opening of an export window for crude moving from the U.S. Gulf to Western Europe has caused a flurry of interest among oil traders,...

August 18, 2016
Total Views: 20

Saturday, August 13, 2016
Majuro and Arno Atolls of the Marshall Islands
Offshore

Why Is The Marshall Islands Now A Top U.S. Crude Export Destination?

By Henning Gloystein (Reuters) Long a shipping registry but best known for diving, lagoons and the island that gave the world the name for the bikini swimsuit, the Marshall Islands...

August 13, 2016
Total Views: 5

Thursday, August 11, 2016
cascade spirit
Maritime News

BP Loads Rare Alaskan North Slope Crude Cargo for Export

By Liz Hampton HOUSTON, Aug 11 (Reuters) – British oil company BP Plc has loaded a cargo of Alaskan North Slope (ANS) crude for export, according to two trade sources...

August 11, 2016
Total Views: 20

Friday, July 22, 2016
Maritime News

China Emerges as Buyer of Alaskan Crude Cargo

By Florence Tan SINGAPORE, July 22 (Reuters) – Unipec, the trading arm of top Asian refiner Sinopec, has bought two U.S. crude cargoes, including a rare purchase of Alaskan North...

July 22, 2016
Total Views: 1

Tuesday, July 19, 2016
Maritime News

Foreign Tanker Will Be First to Load Alaska Oil in Three Decades

By Sheela Tobben (Bloomberg) — A cargo of Alaska North Slope crude is scheduled to load next week aboard a foreign-flagged tanker for the first time in more than 30...

July 19, 2016
Total Views: 26

Thursday, April 14, 2016
Maritime News

ExxonMobil Exports First Cargo of Gulf of Mexico Crude

HOUSTON, April 14 (Reuters) – Exxon Mobil is shipping a cargo of crude produced from its deepwater Julia field in the Gulf of Mexico to its refinery in Rotterdam, Netherlands,...

April 14, 2016
Total Views: 2

Tuesday, February 23, 2016
us oil exports
Maritime News

‘Liquid Freedom’ Sails From Texas, Tilting Power in Global Oil

By Joe Carroll and Harry R. Weber (Bloomberg) — The sea stretched toward the horizon last New Year’s Eve as the Theo T, a red-and-white tug at her side, slipped...

February 23, 2016
Total Views: 10

Friday, January 8, 2016
News

Traders Eye Alaskan Crude Exports to Asia with Ban Lifted

By Jacob Gronholt-Pedersen and Liz Hampton SINGAPORE/HOUSTON, Jan 8 (Reuters) – Oil traders in Asia are running the numbers on importing Alaskan crude, after the end of a four-decade ban...

January 8, 2016
Total Views: 0

Monday, January 4, 2016
Maritime News

First U.S. Oil and LNG Sailing Into Global Markets

By Joe Carroll and Naureen S. Malik (Bloomberg) — The worst fears of OPEC and Asian gas exporters are about to come true. U.S. shale drillers who pushed domestic crude...

January 4, 2016
Total Views: 0

Wednesday, December 30, 2015
Maritime News

Vitol Books Second Crude Cargo for Export After U.S. Lifts Ban

HOUSTON, Dec 30 (Reuters) – The world’s largest oil trader Vitol SA has secured a second cargo of U.S.-produced crude for export, just weeks after the U.S. government lifted the...

December 30, 2015
Total Views: 1

Thursday, December 24, 2015
tanker in storm
Maritime News

Oil Companies Rush to Exploit End of U.S. Crude Export Ban

By Valerie Volcovici and Catherine Ngai Dec 23 (Reuters) – U.S. energy group Enterprise and oil trader Vitol raced to exploit the end of a 40-year ban on most U.S....

December 24, 2015
Total Views: 40

Wednesday, December 23, 2015
Maritime News

First Export of U.S. Crude Oil Booked After Ban Lifted

By Dan Murtaugh and Sheela Tobben (Bloomberg) — It took years to lift a ban on most U.S. oil exports. It took a week for the first shipment to be...

December 23, 2015
Total Views: 14

Saturday, December 19, 2015
Maritime News

U.S. Oil Is Too Good, Too Pricey and Too Far for Asia Buyers

By Debjit Chakraborty, Yuji Okada and Serene Cheong (Bloomberg) — In the world’s biggest oil market, buyers have better options than U.S. crude. As the country inches towards ending the...

December 19, 2015
Total Views: 5

Friday, December 18, 2015
Maritime News

U.S. Reverses Decades-Old Crude Export Ban With Obama’s Backing

With the stroke of a pen, President Barack Obama on Friday ended 40 years of U.S. crude oil export limits by signing off on a repeal passed by Congress earlier in the day.

December 18, 2015
Total Views: 0

News

Congress Passes U.S. Spending Bill to End Crude Oil Export Ban

By Billy House and Erik Wasson (Bloomberg) — Congress passed a $1.1 trillion spending measure that averts a U.S. government shutdown and ends a 40- year-old ban on crude oil...

December 18, 2015
Total Views: 2

Thursday, December 17, 2015
Maritime News

With Lifting of Crude Ban, Shale Drillers Will Be Free to Export U.S. Oil Into Global Glut

By Joe Carroll (Bloomberg) — U.S. shale drillers will soon be able to sell their oil all over the world. Too bad no one needs it right now. A congressional...

December 17, 2015
Total Views: 0

Wednesday, December 16, 2015
Maritime News

Lifting U.S. Crude Export Ban Offers Important Extra Degree of Freedom

By John Kemp LONDON, Dec 16 (Reuters) – Congressional leaders have reached a deal to lift the 40-year-old ban on exporting U.S. crude in a symbolically important move that could...

December 16, 2015
Total Views: 0