Crude Oil Exports from U.S.

Corpus Christi Harbor Island Terminal Complex Targets Deepest Channel Depth of any Onshore Crude Oil Export Facility in the U.S.

Corpus Christi Harbor Island Terminal Complex Targets Deepest Channel Depth of any Onshore Crude Oil Export Facility in the U.S.

POCC Commission approves 50-year lease with Carlyle Group, Berry Group JV
Crude oil exports are one of the key growth engines that the Port of Corpus Christi is flexing its significant muscle to build up.

Port of Corpus Christi

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Source: Enterprise Sept. 2013 Presentation

Enterprise to Offer Crude Oil for Export in Second WTI Electronic Auction

Enterprise to Offer Crude Oil for Export

U.S. Gulf Coast Officially Becomes Net Crude Oil Exporter in Late 2018

U.S. Gulf Coast Officially Becomes Net Crude Oil Exporter in Late 2018

Increasing production and mismatch between crude oil type and refinery configuration allows for more of the increasing U.S. crude oil production to be exported
The Gulf Coast is the first region to export more crude oil than it imports since

U.S. Energy Exports Provide Lever in Trade Talks with China: Perry

U.S. Energy Exports Provide Lever in Trade Talks with China: Perry

from Reuters

WASHINGTON – Rapidly expanding exports of U.S. fossil fuels, including liquefied natural gas (LNG), serve as leverage in trade negotiations with China, Energy Secretary Rick Perry said on Monday.

“It’s part of the mix, it may not be …

Texas Gulf Coast: Get Ready for SPOT to Export Up to 2 Million More Barrels a Day of Permian, Eagle Ford Crude Oil

Texas Gulf Coast: Get Ready for SPOT to Export Up to 2 Million More Barrels a Day of Permian, Eagle Ford Crude Oil

Enterprise Products Partners' SPOT crude oil export project, offshore Texas, officially kicks off permitting phase, targets 2020 for exports
By Bevo Beaven, Editor, Oil & Gas 360

The United States Maritime Administration (MARAD) and the United States Coast Guard (USCG)

Energy Experts to Discuss Booming U.S. Petroleum Exports, Development of Shale and Conventional Plays in 2019 and Oil Market Economics at EnerCom Dallas

Energy Experts to Discuss Booming U.S. Petroleum Exports, Development of Shale and Conventional Plays in 2019 and Oil Market Economics at EnerCom Dallas

For the first time in its storied history, West Texas’s Permian Basin will likely surpass a major milestone in March, when its production is forecast to exceed four million daily barrels (4 MMBOPD), according to U.S. Department of Energy projections

Crude and LNG Exports Are at Stake as Latest Round of U.S.-China Trade Talks Begin

Crude and LNG Exports Are at Stake as Latest Round of U.S.-China Trade Talks Begin

From S&P Global/Platts

Washington — Top US energy and agriculture officials will return to China next week for the latest round of trade talks that could signal whether crude and LNG flows will pick up between the two countries this …

February 11, 2019 - 1:22 pm China, Closing Bell Story‎, Crude Oil Exports from U.S., LNG
Pin Oak Acquires Expansion Land In Corpus Christi: More Rail, Suezmax Tanker Capability

Pin Oak Acquires Expansion Land In Corpus Christi: More Rail, Suezmax Tanker Capability

Pin Oak Acquires Expansion Land In Corpus Christi

New Crude Oil Export Project Moves Forward in Corpus Christi

New Crude Oil Export Project Moves Forward in Corpus Christi

Lone Star Ports and Martin Midstream Partners will create exclusive VLCC export solution on Harbor Island
EPIC crude oil pipeline will connect Harbor Island to more than 1 MMBOPD
A week ago, the funding to dredge the Corpus Christi ship

Three Supertankers Depart Louisiana’s LOOP Deepwater Port Carrying U.S. Crude Oil Abroad

Three Supertankers Depart Louisiana’s LOOP Deepwater Port Carrying U.S. Crude Oil Abroad

Takeaway: 3 full supertankers can take away about six million barrels of U.S. crude oil production
On Monday the U.S.’s first and only deepwater crude oil port announced that it had loaded U.S. crude oil into three supertankers in just

Corpus Christi Ship Channel Gets Funding Nod for 75-Foot Depth: Permian Producers Can Gear Up for Supertankers

Corpus Christi Ship Channel Gets Funding Nod for 75-Foot Depth: Permian Producers Can Gear Up for Supertankers

Expanded Texas shipping lane could help cut trade deficit by $50B

Crude, Fuel Exports Drive Port of Corpus Christi Tonnage Record

Crude, Fuel Exports Drive Port of Corpus Christi Tonnage Record

From The Houston Chronicle

The Port of Corpus Christi reported record amounts of shipments in the third quarter of 2018.

The Port of Corpus Christi has broken a tonnage record set in 2015, with growing crude oil and fuels exports …

Lift of 40-year Ban on Crude Exports Sparks New WTI Futures Trading Contracts

Lift of 40-year Ban on Crude Exports Sparks New WTI Futures Trading Contracts

Sparked by the United States lifting a 40-year ban on crude oil exports in late 2015, the CME Group and Argus have both joined the U.S. Gulf Coast competition to provide contract deliverable oil futures to traders.

“It’s going to …

Iran Has Control of Persian Gulf, Strait of Hormuz: Iranian Navy Chief

Iran Has Control of Persian Gulf, Strait of Hormuz: Iranian Navy Chief

From UPI

The U.S. Navy’s 5th Fleet is deployed in the Persian Gulf, with aircraft carriers, ships and aircraft. On average there have been 2.5 interactions per month between January 2016 and August 2017 with Iranian navy forces, the U.S.

Port District of Houston-Galveston is Now Net Exporter of Crude

Port District of Houston-Galveston is Now Net Exporter of Crude

April data confirms flip from importer

The U.S. port district of Houston-Galveston in Texas recently began exporting more crude oil than it imported for the first time on record. Crude oil exports from the Houston-Galveston port district have increased since …

Exxon Seeks to Establish Long-Term Contracts for U.S. Oil Exports

Exxon Seeks to Establish Long-Term Contracts for U.S. Oil Exports

From Bloomberg

Oil major is in talks with Asian refiners on term deals: sources

Exxon Mobil Corp. is courting refiners with rare long-term U.S. crude export deals, according to people familiar with the matter, as the company expands its trading …

Mt. Astra (Suezmax) Leaving Corpus Christi ship tanker

Another Deepwater Oil Port for Texas

Largest U.S. crude and condensate exporter in 2017 is behind the project

From Offshore Technology

Multinational commodities trader Trafigura has applied for permission to build a deepwater oil port in Texas, US, capable of accommodating supertankers, in order to increase …

U.S. Oil Exports, Tariff War, at Epicenter of Shifts in Global Oil Trade

U.S. Oil Exports, Tariff War, at Epicenter of Shifts in Global Oil Trade

From Hellenic Shipping News

The escalation of the trade war between the US and China is about to bring significant changes in crude ton/mile demand as US crude freights could soon be moving away from China and heading towards India, …

U.S. Oil Could Soon Help Set the Brent Crude Price

U.S. Oil Could Soon Help Set the Brent Crude Price

From Bloomberg

Cargoes delivered to the port of Rotterdam could be affected

U.S. exports boom is helping to redefine crude oil trading

S&P Global Platts, the company that sets the key price of Brent crude, is contemplating the eventual incorporation …

Some Relief for Permian Producers will Soon Dock in Texas

Some Relief for Permian Producers will Soon Dock in Texas

Seaway Crude plans to load first supertanker at Texas City – it’ll be the first VLCC to be loaded at a Texas port: Enterprise

Seaway Crude Pipeline Company LLC, the joint venture between Enterprise Products Partners LP (ticker: EPD) and …

LNG, Crude Oil, LPG May Win Big from a US-China Trade Truce

LNG, Crude Oil, LPG May Win Big from a US-China Trade Truce

From Bloomberg/Business Times

Singapore – Commodities were a big casualty of the escalating trade war between the US and China, but are now set to be a major beneficiary of Beijing’s pledge to import more American goods.

US President Donald …

Panama Canal Increases Daily Neopanamax Reservations to Eight

Panama Canal Increases Daily Neopanamax Reservations to Eight

From Maritime Executive

The Panama Canal has added an additional reservation slot to its Neopanamax locks, bringing the total available booking slots to eight daily.

Demand has grown since the inauguration of the Expanded Canal nearly two years ago. So …

First 2-Million-Barrel Supertanker Arrives at Enterprise Products Partners Terminal

First 2-Million-Barrel Supertanker Arrives at Enterprise Products Partners Terminal

From Bloomberg

Crude oil shipment would be biggest ever from the port

Offshore terminal LOOP recently began exporting cargoes

A 2 million barrel-carrying supertanker arrived for the first time at a jetty in Texas City as surging U.S. oil output …

Texas Reps Seek Funding for Corpus Christi Ship Channel Improvement Project

Texas Reps Seek Funding for Corpus Christi Ship Channel Improvement Project

From Dredging Today

Project is needed to continue export takeaway growth for U.S. energy

The Port of Corpus Christi’s Ship Channel Improvement Project (CIP) received additional support from bipartisan members of the Texas Congressional Delegation in a recent letter sent …

Enterprise Houston Marine Terminal to Expand, Looks toward Suezmax Docking Capacity for Crude Exports

Enterprise Houston Marine Terminal to Expand, Looks toward Suezmax Docking Capacity for Crude Exports

Enterprise Expands Marine Terminal on the Houston Ship Channel

Liquefied Natural Gas Plant, Australia

U.S. Crude Oil, NatGas Exports Both Hit New Highs

U.S. crude oil exports grew to an average of 1.1 MMBOPD in 2017, the EIA said, which is the second full year since restrictions on crude oil exports were removed. Crude oil exports in 2017 were nearly double the level …

China Jumps to Number Two Importer of U.S. Crude Oil

China Jumps to Number Two Importer of U.S. Crude Oil

China adds oil growth to its number two rank in global LNG imports

BY Maritime Executive 

U.S. crude oil exports in 2017 were nearly double those of 2016, and China accounted for 202,000 b/d (20 percent) of the 527,000 …

Permian Oil Headed for Corpus Christi Export Terminals as U.S. Upends Global Markets

Permian Oil Headed for Corpus Christi Export Terminals as U.S. Upends Global Markets

Exports are particularly important to economic growth because they pump new money into regional, state and national economies, instead of just recirculating it through retail and other service industries

From the Houston Chronicle

CORPUS CHRISTI – Along the waterways of …

A Supertanker is Loading Export Crude Oil in Louisiana; Could Change U.S. Oil Export Game

A Supertanker is Loading Export Crude Oil in Louisiana; Could Change U.S. Oil Export Game

From CNBC

Shell Oil is reportedly loading a supertanker in Louisiana, the first of its kind to leave that port with U.S. crude exports. The shipment via the Saudi Arabian-owned supertanker, capable of carrying 2 million barrels, signals the next …