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
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
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
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
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
By Jacob Gronholt-Pedersen and Liz Hampton SINGAPORE/HOUSTON, Jan 8 (Reuters) – Oil traders in Asia are running the numbers on importing Alaskan crude,
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
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
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
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
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
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
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-
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
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
By Brian Wingfield and Jennifer A. Dlouhy (Bloomberg) — The U.S. is poised to reverse an energy policy that has helped define its relations with the
By Timothy Gardner WASHINGTON, Oct 9 (Reuters) – A bill to repeal the U.S. oil export ban passed the House of Representatives on Friday, but faces
The United States Congress signaled last week its firm intention to approve major free trade deals with Asia and Europe. But the global trade
The United States must lift an "outdated" ban on oil exports to take full economic and geopolitical advantage of its hydraulic fracturing boom, according to a
by Lynn Doan (Bloomberg) For a nation that bans most oil exports, the U.S. still finds a way to ship more abroad than at least two OPEC members. The shale
The U.S. will become one of the world’s largest oil exporters if domestic production continues to surge and policy makers lift a four-decade ban that keeps
Join the 109,051 members that receive our newsletter.
Have a news tip? Let us know.Maritime and offshore news trusted by our 109,051 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up