Transportation

Source: CNBC

As summer driving season kicks off, it’s unclear just how many people will take to the road

CNBC


This weekend’s Memorial Day holiday could be a test for the gasoline market, depending on whether drivers in reopening states hit the road and then keep on driving.

Gasoline demand is about 30% below where it was before states

Source: Houston Chronicle

Shale drillers float Jones Act waiver as balm for price pain

Houston Chronicle


U.S. oil companies battered by the crude price war between Saudi Arabia and Russia are encouraging the Trump administration to waive a law that mandates only American vessels can be used to transport goods among U.S. ports.

A …

Source: Houston Chronicle

IEA plans to revise down oil demand forecasts due to virus

Houston Chronicle


The International Energy Agency plans to revise down its oil-demand forecasts next week because of the spreading coronavirus.

“I am going to announce it Monday morning in Paris,” IEA chief Fatih Birol told a Congressional hearing in Washington …

Nine miles of high-density polyethylene pipe cold water from the bottom of Lake Ontario, cooling buildings in downtown Toronto.

Brookfield Infrastructure Reports 2019 Year-End Results

Brookfield Infrastructure Reports 2019 Year-End Results

Geopolitical developments continue to drive maritime crude oil tanker rates

Geopolitical developments continue to drive maritime crude oil tanker rates

EIA


Following nearly 10 years of relative price stability, shipping rates for crude oil tankers have fluctuated widely since mid-2018 because of a combination of geopolitical events and changes to maritime fuel specifications. The U.S. Energy Information Administration (EIA) estimates …

Source: International Maritime Organization

Shipping Lines Turn to LNG-Powered Vessels, But They’re Worse for the Climate

Inside Climate News



Oceangoing ships powered by liquified natural gas are worse for the climate than those powered by conventional fuel oil, a new report suggests. The findings call into further question the climate benefits of natural gas, a fuel …

Euronav announces fourth quarter 2019 results

Euronav announces fourth quarter 2019 results

Pembina Pipeline Corporation Announces Closing of $1 Billion Public Note Offering

Pembina Pipeline Corporation Announces Closing of $1 Billion Public Note Offering

Pembina Pipeline Corporation Announces Closing of $1 Billion Public Note Offering

Cummins Westport B6.7N Natural Gas Engine Receives Near Zero Emissions Certifications; Full Natural Gas Engine Portfolio Now Certified Near Zero

Cummins Westport B6.7N Natural Gas Engine Receives Near Zero Emissions Certifications; Full Natural Gas Engine Portfolio Now Certified Near Zero

Cummins Westport B6.7N Natural Gas Engine Receives Near Zero Emissions Certifications; Full Natural Gas Engine Portfolio Now Certified Near Zero

January 9, 2020 - 2:00 pm Canada News, Press Releases, Transportation
Western Midstream Announces Entry Into New Service, Operating, And Governance Agreements

Western Midstream Announces Entry Into New Service, Operating, And Governance Agreements

Western Midstream Announces Entry Into New Service, Operating, And Governance Agreements

January 6, 2020 - 8:00 am Midstream, Press Releases, Transportation, Water
Texas-based flatbed carrier with 260 trucks shuts down, citing insurance costs – This is a sign of tough times for Oil Field Service companies.

Texas-based flatbed carrier with 260 trucks shuts down, citing insurance costs – This is a sign of tough times for Oil Field Service companies.

Freightwaves


Flatbed truckload operators have been unprofitable for most of 2019

Oil & Gas 360 Publishers Note: We have been watching the Oil Field Service (OFS) take serious losses due to the investor demand for short-term returns. Investors are …

Williams completes gateway expansion project ahead of schedule to help serve growing demand for natural gas in northeastern U.S.

Williams completes gateway expansion project ahead of schedule to help serve growing demand for natural gas in northeastern U.S.

Williams completes gateway expansion project ahead of schedule to help serve growing demand for natural gas in northeastern U.S.

Mitsubishi Shipbuilding signed a contract with MOL for the first LNG-Fueled Ferry Built in Japan

Mitsubishi Shipbuilding signed a contract with MOL for the first LNG-Fueled Ferry Built in Japan

JCN Newswire


– Two Vessels to Be Successively Completed and Delivered by 2023 –
– Applying technologies accumulated in LNG vessels to build LNG-fueled ferries
– Compared to conventional marine fuel oil, CO2 emissions per unit heat capacity are to …

Marine fuel floating storage builds in Asia ahead of new shipping rules

Marine fuel floating storage builds in Asia ahead of new shipping rules

Reuters


Stockpiles of low-sulphur marine fuels held in floating storage around the Singapore trading and pricing hub are steadily growing ahead of a 2020 global deadline for rules that have shaken the global oil refining and shipping industries.

A total …

FILE PHOTO: A China Ocean Shipping Company (COSCO) container ship is seen at San Antonio port in Chile August 6, 2019. REUTERS/Rodrigo Garrido/File Photo

Oil shipping rates soar as U.S. supertanker sanctions rattle crude trade

Source: Reuters


Key oil freight rates from the Middle East to Asia rocketed as much as 28% on Friday in a global oil shipping market spooked by United States sanctions on units of Chinese giant COSCO for alleged involvement in …

Bloom Energy and Samsung Heavy Industries team up to build solid oxide fuel cell powered ships

Bloom Energy and Samsung Heavy Industries team up to build solid oxide fuel cell powered ships

Replacing Oil-based Power Generation with Fuel Cells Could Reduce Greenhouse Gas Emissions from Marine Transport by 45%

Bloom Energy and Samsung Heavy Industries Team Up to Build Ships Powered by Solid Oxide Fuel Cells - oil and gas 360

Bloom Energy and Samsung Heavy Industries (SHI), a part of Samsung Group, today announced a collaboration to design and develop ships powered by …

September 26, 2019 - 11:04 am Closing Bell Story‎, Transportation
Source: SEACOR

Galveston Company Enters Race to Supply IMO 2020 Fuels

From The Houston Chronicle


With a massive shift in the marine fuel market just months away from implementation, a Galveston fuel storage operator says it plans to operate a 50,000 barrel a day crude processing facility to meet new stricter …

Colorado Joins California in Requiring Automakers to Sell More Electric Cars

Colorado Joins California in Requiring Automakers to Sell More Electric Cars

From CNBC


Colorado has become the 11th state to adopt California’s zero-emission-vehicle mandate forcing automakers to sell more electric cars in the state.

The new rule was passed by Colorado’s air-quality commission by a vote of 8 to 1 on …

Panama Canal Will Not Block Venezuela Vessels Despite U.S. Sanctions

Panama Canal Will Not Block Venezuela Vessels Despite U.S. Sanctions

From Reuters


The Panama Canal will continue authorizing vessels coming from Venezuela provided they present the necessary paperwork, the waterway’s chief said on Wednesday, suggesting a new round of U.S. sanctions on the South American nation should not make a …

The ‘Biggest Change in Oil Market History’ is Less Than Six Months Away

The ‘Biggest Change in Oil Market History’ is Less Than Six Months Away

From CNBC


Tens of thousands of ships sailing the world’s oceans burn more than 3 million barrels of sludge-like high-sulfur fuel every single day. But, starting next year, the shipping industry will have to comply with rules that should dramatically

July 17, 2019 - 6:15 am Closing Bell Story‎, Energy News, Transportation
Source: SEACOR

SEACOR Marine Announces Departure of COO

SEACOR Marine Announces Departure of Chief Operating Officer

Tesla Stock Surges on Q2 Delivery and Production Records

Tesla Stock Surges on Q2 Delivery and Production Records

From CNBC

Tesla delivered 95,200 vehicles, produced 87,048 cars in Q2

Tesla’s stock surged in premarket trading Wednesday after the electric auto maker said it shattered its previous production and delivery records during the second quarter, soundly beating analysts’ estimates.…

July 3, 2019 - 6:32 am Closing Bell Story‎, Energy News, Transportation
Houston Gets Ready for Autonomy

Houston Gets Ready for Autonomy

From SAFE

Domino’s will start delivering pizzas via an autonomous robot this fall

Domino’s and self-driving car startup Nuro announced a partnership Monday under which Nuro’s electric R2X AV will begin delivering Domino’s pizzas this fall in Houston. Operations will …

June 20, 2019 - 6:33 am Closing Bell Story‎, Energy News, Transportation
Lamborghini Huracán EVO Puts AI Between the Seats that Learns Your Intention, Anticipates Your Moves

Lamborghini Huracán EVO Puts AI Between the Seats that Learns Your Intention, Anticipates Your Moves

The system doesn’t use camera feeds or even GPS data to analyze the road ahead, it surmises your intent based on your actions and the car’s dynamics

“We’re creating a connection between your intention and what the car will do”

June 17, 2019 - 12:15 pm Closing Bell Story‎, Energy News, Transportation
Source: Electrify America

Volkswagen Subsidiary Invests $2 Billion So You Can Charge Your Tesla at Walmart

Plan for a country-wide network of charging stations is underway
It’s one of the biggest roadblocks surrounding the widespread adaptation of electric vehicles (EVs); what happens when the battery is depleted?

Walmart, in partnership with Electrify America, a wholly owned

No More Expensive Bathroom Breaks: European Driverless Truck Upstart Begins Road Trials with Michelin

No More Expensive Bathroom Breaks: European Driverless Truck Upstart Begins Road Trials with Michelin

You can plan your routes based on cold logic – “That’s where you really get the business case” 

From CCJ

Michelin announced Tuesday it has partnered with autonomous tech upstart Einride.

Pierre Martin Heut, Michelin’s director of supply chain & …

June 5, 2019 - 10:32 am Closing Bell Story‎, Energy News, Transportation
Virgin America Vanishes Along With Branson’s U.S. Dream

Virgin America Vanishes Along With Branson’s U.S. Dream

From Air Cargo News

The last vestiges of the Virgin America brand are now aviation history, bringing a formal end to Richard Branson’s brash, groundbreaking effort to put some European flair—replete with cheeky branding and mood-lighting—into U.S. skies.

Alaska Air …

June 3, 2019 - 1:53 pm Closing Bell Story‎, Energy News, Transportation
Driverless Trucks Will Reduce Labor Costs, Move toward Cure for Driver Shortage

Driverless Trucks Will Reduce Labor Costs, Move toward Cure for Driver Shortage

 

USPS Testing Series of 1,000-Mile Mail Hauling Trips

From CCJ

The United States Postal Service (USPS) has contracted with autonomous truck startup TuSimple on a series of 1,000-plus mile trips, hauling mail between the Postal Service’s Phoenix, Ariz. and …

May 31, 2019 - 4:06 pm Closing Bell Story‎, Energy News, Transportation
Holiday Weekend Road Trip:  Gasoline Prices Mirror Last Year

Holiday Weekend Road Trip: Gasoline Prices Mirror Last Year

EIA expects retail gasoline prices to rise over the coming months
As of this Memorial Day Weekend, the national average price for regular gasoline is hovering around $2.85 per gallon, just slightly below last year’s average price of $2.92.

The

Operator of Venezuelan PDVSA’s Fleet Seeks to Detain Tankers to Collect on Late Payments: Reuters

Operator of Venezuelan PDVSA’s Fleet Seeks to Detain Tankers to Collect on Late Payments: Reuters

From  gCaptain/Reuters

German shipping firm Bernhard Schulte Shipmanagement (BSM) has moved to legally detain three of Venezuelan PDVSA’s oil tankers to collect on late payments owed to it by the state-run oil company, according to a document seen by …

May 24, 2019 - 11:54 am Closing Bell Story‎, Energy News, Transportation