Magellan Midstream Partners LP has begun talks with companies developing crude transportation assets in Freeport, Texas, as it considers building a U.S. crude export terminal there instead of its previously Continue Reading
The US DOI now reports that domestic crude production could surge to 14 MMbpd by 2020. U.S. crude oil exports have soared due to a combination of: rising domestic crude Continue Reading
Continuously rising U.S. shale production will make the United States a net exporter of crude oil and petroleum products in the fourth quarter of 2020, the EIA said in its Continue Reading
A combination of lower shipping costs and lower domestic demand will boost U.S. crude oil exports to Asia, Reuters reports , citing sources from the commodity trading and shipping industries. Continue Reading
Booming U.S. oil exports have set off a scramble to build Gulf Coast ports to handle more than 3 million barrels per day in new supplies expected over the next Continue Reading
The news that the U.S. Army Corps of Engineers has placed a US$93-million order with Great Lakes Dredge & Dock Company for the deepening and widening of its ship channel Continue Reading
U.S. crude oil exports to Asia are set to rise in the second quarter as sellers cut prices following sharp drops in freight rates and expected weaker demand in the Continue Reading
A project to make the Corpus Christi Ship Channel (CCSC) more accessible has taken a major step forward. A project to make the Corpus Christi Ship Channel (CCSC) more accessible Continue Reading
U.S. crude exports to Europe fell to an 11-month low this month as a shrinking discount and rising shipping costs squeezed demand for U.S. barrels, according to Refinitiv Eikon data Continue Reading
US crude supply was little changed week on week as an uptick in production was matched by sharply higher exports last week, US Energy Information Administration data showed Friday. US Continue Reading
