Occidental emerges as heavy hitter in U.S. oil export boom
Occidental Petroleum Corp has emerged as one of the biggest exporters of U.S. shale oil, rivaling large trading firms and oil majors, in a market now worth more than $150 Continue Reading
U.S. Will Soon Export More Oil, Liquids Than Saudi Arabia
In a pivotal geopolitical shift, the United States will soon export more oil and liquids than Saudi Arabia. This remarkable turnaround is made possible by the continued rise in oil Continue Reading
US to Export More Oil, Liquids than Saudi Arabia in 2019
The U.S. is poised to export more oil and liquids than Saudi Arabia by year-end, according to Rystad Energy. The shift, Rystad explains, comes from continued rising production from U.S. Continue Reading
First Floating U.S. LNG Project Continues Despite US-China Trade War
The first U.S. floating liquefied natural gas (LNG) project continues to plan future steps in its progress despite the U.S.-China trade war, a top manager at one of the project’s Continue Reading
Supertanker Rates Soar As U.S. Oil Exports Hit All-Time High
The all-time high U.S. crude oil exports have been pushing demand and rates for very large crude carriers (VLCCs) higher since the middle of February as American exports are attractive Continue Reading
How Sanctions Are Helping The U.S. Become A Net Oil Exporter
It’s easy to forget now, but just a few short years ago the United States was the biggest oil importer in the world by a considerable margin, and sold exactly Continue Reading
Sentinel plans U.S. oil export terminal off Freeport, Texas
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 develop a facility off Freeport, Continue Reading
U.S. Energy Exports To See Significant Increase
The Energy Information Administration has released its Annual Energy Outlook (AEO) 2019 with projections to 2050 . The purpose of the AEO is to provide long-range energy projections for the Continue Reading
US crude exports to Asia to swell in Mar, Apr on cheaper freight
US crude exports to Asia are set to swell over March and April as a drop in freight rates makes US cargoes more competitive against barrels from Asia or the Continue Reading
GOM Oil Export Growth Hurts US Refiners
Crude exports from the Gulf of Mexico are picking up at the worst time for American refiners. Rising production and falling freight rates are behind a surge of overseas shipments Continue Reading