From AJOT/Bloomberg The Trump administration is proposing tariffs on goods from countries found to have undervalued currencies, in a move that would further escalate its assault on global trading rules. The proposal, laid out in a Federal Register notice released on Thursday, would let U.S.-based companies seek anti-subsidy tariffs on products from countries found by the U.S. Treasury Department to
Upbeat state visit overweight on optics, but visit to potent warship signals upgraded trajectory for Japan-US alliance From Asia Times US President Donald Trump’s state visit to the Land of the Rising Sun started on Saturday. With Japanese Prime Minister Shinzo Abe facing elections in both houses of the Diet in July, and with Trump facing mounting challenges on the
Plans to disrupt global oil trade would almost certainly involve hampering tankers moving through the world’s busiest oil choke point: Strait of Hormuz About two thirds of the world’s largest oil tankers travel through the straight; and one-third of the world’s LNG trade From The Daily Caller Iranian plans to disrupt the oil trade will likely involve hampering the world’s
DFW Airport and American Airlines announce plans to build sixth terminal From Fort Worth Business Dallas Fort Worth International Airport plans to build a sixth terminal that would open by 2025 and provide up to 24 new gates for U.S. and international flights. DFW airport CEO Sean Donohue announced plans for Terminal F on Monday. The airport currently has 164
13.5 mtpa already under 20-year tolling agreements; Train 1 start-up planned for Q3 2019 Privately held Freeport LNG was approved by FERC to site, construct and operate its fourth natural gas liquefaction train, to be integrated into its existing natural gas liquefaction and LNG export facility on Quintana Island near Freeport, Texas. Approval from the U.S. Department of Energy for
Iran abandons parts of nuclear deal amid heightened Mideast tensions
Texas ports are taking measures to deepen, widen ship channels, expand port capacity; Florida port receives cargo from new Aframax crude tanker By Bevo Beaven, Editor, Oil & Gas 360 The Texas Gulf Coast is host to two ports working to expand capacity to accommodate the booming U.S. crude oil export trade—Port of Houston and Port of Corpus Christi. The
The DOE granted Australia’s Liquefied Natural Gas Limited (ASX:LNG) (OTCMKTS:LNGLY) authorization for Magnolia LNG LLC to expand its export capacity to 8.8 million tonnes per annum (mtpa) of LNG to countries that have free trade agreements (FTA) with the United States. This approval provides an 0.8 mtpa increase from the DOE’s initial FTA approval orders above the DOE’s initial approval
From S&P Global Platts Moscow — Russian LNG is well positioned to compete with North American projects to reach new markets in Asia and the Atlantic Basin despite the challenges, a Shell executive said Wednesday at the LNG Congress in Moscow. Russian LNG can offer at least three location options, Shell’s Senior Deal Lead Stuart Bradford said. He pointed to the
Agreements reinforce the close connections between the two majority Shia countries From Irish Times Iranian president Hassan Rouhani will conclude his first official visit to Iraq on Wednesday after signing agreements on energy, trade and the construction of a railway linking the neighbours. These deals reinforce the close connections between the two majority Shia countries and defy the Trump administration, which has stepped
From FreightWaves Apple’s (AAPL: NASDAQ) manufacturing partner Foxconn Technology Group (FXCNY: OTC US), which assembles Apple’s iPhone product in China, announced on Saturday that it has raised over $213 million for what it described as a “mega-development” in India. According to Bloomberg, the investment signals that Foxconn is moving the manufacturing of Apple products out of China. Henry Byers, director
LONDON – REUTERS / GLOBE AND MAIL British lawmakers defeated Prime Minister Theresa May’s Brexit divorce deal by a crushing margin on Tuesday, triggering political chaos that could lead to a disorderly exit from the EU or even to a reversal of the 2016 decision to leave. After parliament voted 432-202 against her deal, the worst defeat in modern British
