Post Tagged with: "export"

Canadian company ships solid oil sands bitumen to Chinese refinery

Canadian company ships solid oil sands bitumen to Chinese refinery

Source: Reuters


Canadian company ships solid oil sands bitumen to Chinese refinery - oil and gas 360

A Canadian company has loaded a test cargo of solid bitumen onto a vessel destined for a refinery in China, the latest effort by the energy industry to avoid congested export pipelines and find new ways to export …

September 26, 2019 - 2:14 pm Canada, China, Closing Bell Story‎, International, Oil Sands
Canada’s Largest Oil Producer Joins Opposition to Enbridge Pipeline Plan

Canada’s Largest Oil Producer Joins Opposition to Enbridge Pipeline Plan

From Reuters


Canadian Natural Resources Ltd, the country’s biggest oil producer, has joined a number of other firms asking Canada’s energy regulator to intervene in Enbridge Inc’s plan to overhaul shipping contracts on its Mainline pipeline network.

Canadian Natural’s letter …

An Oryx Midstream facility (source: Oryx Midstream Services)

Qatar May be Losing the Top Spot as World’s Biggest LNG Exporter

From CNBC


Qatar will lose its title as the world’s largest exporter of liquefied natural gas (LNG) within the next year, as Australia ramps up production on a slew of multi-billion dollar export projects.

“Australia and Qatar continued to jostle …

Australia Poised to Become World’s Largest LNG Exporter

Australia Poised to Become World’s Largest LNG Exporter

From The Houston Chronicle


Within the next 12 months Australia is likely to surpass Qatar as the world’s largest exporter of liquefied natural gas, the Energy Information Administration is forecasting.

Australian LNG capacity reached 11.4 billion cubic feet a day …

Japan LNG Buyers Talk Tough as Spot Prices Drop to 3-Year Lows

Japan LNG Buyers Talk Tough as Spot Prices Drop to 3-Year Lows

From Reuters


An inexorable decline in spot market prices for liquefied natural gas (LNG) is pushing utilities in Japan to be more aggressive in price reviews built into traditional long-term contracts linked to oil prices, lawyers and analysts said.

The …

Oil & Gas 360 - France’s Total and Sempra Energy Sign North America LNG Deal

Sempra’s New VP Talks LNG – an Oil & Gas 360 Exclusive

By Tyler Losier, Energy Reporter, Oil & Gas 360

Sempra names Brian L. Kelly VP of federal government affairs
Sempra Energy (stock ticker: SRE), an energy infrastructure company with an increasingly prevalent foothold in the LNG business, has appointed Brian

U.S. Refiners Look to Get in on Shale Oil Export Boom

U.S. Refiners Look to Get in on Shale Oil Export Boom

From Bloomberg

U.S. refiners aren’t just buying crude to turn into gasoline and diesel — they’re competing with producers and traders to export it.

Marathon Petroleum Corp. and Phillips 66 — two of the three biggest U.S. independent fuelmakers — …

March 20, 2019 - 12:26 pm Closing Bell Story‎, Crude Oil News, Energy News
Fight Brews in Houston’s Port Over Energy Exports

Fight Brews in Houston’s Port Over Energy Exports

From The Wall Street Journal

U.S. energy exporters are wrangling with one of the country’s busiest ports in Houston, saying its recent move to accept larger container ships threatens to constrict the shale boom.

The issue has pitted a coalition …

December 19, 2018 - 1:11 pm Closing Bell Story‎, Energy News
Petronas Plans 40 Years of Steady Measured Development in B.C. Montney

Petronas Plans 40 Years of Steady Measured Development in B.C. Montney

From Alaska Highway News

After a hiatus of more than two years, Petronas Energy Canada Ltd. is back in the field in Northeast B.C. as it begins drilling to underpin its share of natural gas for the LNG Canada export …

December 13, 2018 - 6:00 am Canada, Closing Bell Story‎, Energy News, LNG
U.S. Oil Exports: ICE to Launch Houston Oil Contract

U.S. Oil Exports: ICE to Launch Houston Oil Contract

From Reuters

Intercontinental Exchange on Tuesday said it would launch a crude oil futures contract deliverable in Houston later this quarter, capitalizing on the growth in U.S. exports of crude oil that have risen to about 2 million barrels a …

U.S. Liquid Fuel Production Increases 6th Consecutive Year

U.S. Liquid Fuel Production Increases 6th Consecutive Year

Total 2015 U.S. energy production was 89 quadrillion BTUs, 91% of consumption

The United States total energy production saw an increase for the sixth consecutive year. Data collected from EIA’s Monthly Energy Review stated that energy production in the U.S. …