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 near Corpus Christi, Texas, for a terminal. Officials of Carlyle-backed Lone Star Ports LLC on Thursday agreed to lease 200 acres along the port of Corpus Christi where it has proposed a terminal and docks to load U.S. shale onto supertankers. The project is one of two proposed for the Corpus Christi area and among eight deepwater ports planned along the U.S. Gulf Coast. They are vying to move shale from fields in South and West Texas to markets in Asia, Latin America and Europe. Port of Corpus Christi Commission on Thursday also agreed to authorize the contract, said […]