A Stratas Advisors director told Midstream Finance conference attendees that the latest look into the crystal ball of five-year outlook has U.S. supply growth positioning the country to become a net crude exporter.
An abundance of supply and a superior refining sector have positioned the U.S. well in the global energy trade. But threats to export success, both foreign and domestic, loom.
As U.S. midstream companies look to build infrastructure to deal with growing global demand, there will be a need to lure non-traditional investors to the table.
The port’s CEO says that completing improvements to the ship channel could allow the port to add the value of as much as $40 billion per year in exports.
U.S. inventories are well below levels of previous years, and an El Niño weather pattern could wreak havoc in early 2019.
Executive tells Baker Institute crowd that necessary efficiencies can be achieved to meet the goals of the Paris Agreement, but the task won’t be easy.
The anticipated increases in fuel economy will keep diesel competitive with electric and other renewable sources.
Integrating all three sectors of the industry, as well as marketing, will position the company to be a global LNG leader, says John Howie.
Swiss company Tranfigura seeks to build an oil export terminal offshore in the Gulf of Mexico that would bypass the Port of Corpus Christi.
A LNG cargo from the U.S. has arrived in China, the first such cargo since Beijing imposed a tariff on U.S. imports, shipping data from Refinitiv Eikon showed on Nov. 12.
Japan’s Toshiba Corp. will exit its U.S. LNG business by paying China’s ENNEcological Holdings Co. more than $800 million to take over the unit as part of a plan to shed money-losing assets.
Deal covers Cameron project in Louisiana as well as a project in Mexico.
Germany will likely be a buyer of LNG from the U.S. in the medium term, the government official tasked with transatlantic relations said on Nov. 2, but not as a result of any threats from Washington.
U.S. LNG company Tellurian Inc. will not be buying Toshiba Corp’s (6502.T) 20-year commitment at Freeport LNG export terminal in Texas, a senior company executive told Reuters on Oct. 31.
The delay of a U.S. Gulf Coast liquefied natural gas (LNG) export project has crystallized fears that the U.S. trade battle with China is hampering efforts to line up buyers needed to move ahead with multibillion-dollar builds.
TransCanada remains "fully committed" to the Keystone XL pipeline as it reviews a recent decision by a Montana judge to block construction of the $8 billion project, a company executive says.
Takeaway capacity cannot keep up with rising production and rail loadings will likely diminish in the winter.
China has overtaken Japan to become the world's top importer of natural gas, as Beijing's crackdown on pollution boosts its demand for the more environmentally friendly fuel, while the restart of nuclear reactors in Japan reduces its LNG imports.
A federal judge in Montana halted construction of the Keystone XL oil pipeline on Nov. 8 on the grounds that the U.S. government did not complete a full analysis of the environmental impact of the TransCanada Corp. (NYSE: TRP) project.
The expansion open season will commence Nov. 12, 2018 at 12 p.m. CT.
Waste Management Energy Services of Texas, LLC, an in-direct subsidiary of Houston-based Waste Management, Inc. (NYSE: WM), announced On Oct. 11 that its new Reeves County Solids and Liquids Injection Facility, designed for the safe disposal of oilfield wastes, is now fully operational.
The deals come as the discount on Canadian heavy oil has spread to $42, its widest point on record, as rising production from Alberta's oil sands has run up against full pipelines, leading to swelling volumes in storage.
Bakken crude resumes its flow after three years.
Leveraging Pecos terminal to help alleviate Permian Basin crude takeaway constraints.
Malaysian Prime Minister Mahathir Mohamad said on Aug. 21 that the Chinese-funded $20 billion East Coast Rail Link (ECRL) project and a natural gas pipeline project in Sabah will be cancelled for now, according to media reports.