HOUSTON, Nov 29 (Reuters) – U.S. maritime officials have suspended a review of oil refiner Phillips 66’s application for a U.S. Gulf Coast deepwater export terminal for additional information, but the company said on Friday it would continue outreach efforts to win over residents. Phillips 66 is...
US crude exports
Texas Coast Supertanker Terminal On Track for Late 2022
By Devika Krishna Kumar NEW YORK, Nov 7 (Reuters) – Energy Transfer LP said on Thursday discussions with potential shippers to build an offshore crude export facility in Texas capable of handling supertankers were progressing on schedule, with the project expected to be in service by late 2022 or...
Carlyle Bails on Corpus Christi VLCC Terminal
By Collin Eaton HOUSTON, Oct 18 (Reuters) – Carlyle Group said on Friday it had dropped out as a stakeholder in Lone Star Ports LLC, which proposed a $1 billion crude oil export terminal near Corpus Christi, Texas. Sean Strawbridge, chief executive of the Port of Corpus Christi, said Carlyle...
Occidental Books U.S.-Asia Tanker for Record $13.5 Million
HOUSTON/NEW YORK, Oct 7 (Reuters) – Occidental Petroleum Corp provisionally chartered a supertanker to ship U.S. crude to South Korea for a new record of $13.25 million in November, three shipping sources familiar with the matter said on Monday. The Very Large Crude Carrier (VLCC) Maran Andromeda...
Energy Transfer in Talks to Build U.S. Gulf Coast VLCC Export Facility
http://feedproxy.google.com/~r/Gcaptain/~3/vXAXdjfRkMY/
Enterprise Products in Deal with Chevron to Develop Crude Oil Port
July 30 (Reuters) – Enterprise Products Partners LP signed long-term agreements with a Chevron Corp unit to develop its Sea Port Oil Terminal in the Gulf of Mexico, the companies said in a statement on Tuesday. Enterprise’s offshore crude oil terminal is one of at least eight projects proposed off...
American Oil Keeps Flowing to China Despite Mounting Trade War
By Sheela Tobben (Bloomberg) — Washington’s escalating trade war with Beijing hasn’t choked off the flow of American oil to China. At least six million barrels of U.S. crude set off for Chinese refineries in May, according to ship tracking data compiled by Bloomberg. In June, American shipments to...
Carlyle-Backed Firm Seeks Guarantee on 2-Year Approval of U.S. Crude Export Project
By Collin Eaton HOUSTON, May 20 (Reuters) – A unit of asset management firm Carlyle Group LP this week will appeal to the Trump administration to guarantee a two-year approval of its South Texas crude export project, officials said. Carlyle-backed Lone Star Ports LLC is vying to open the first new...
U.S. Suspends Review on Trafigura Oil Export Project -Official
HOUSTON, March 15 (Reuters) – U.S. maritime officials have suspended their review of Swiss trader Trafigura AG’s application for a Gulf Coast deepwater terminal while they await additional information, a U.S. Coast Guard official said on Friday. Trafigura is one of four groups seeking U.S. permits...
Environmental Review Could Delay Gulf Coast’s First Deepwater Oil Export Project Up to 18 Months
By Collin Eaton HOUSTON, March 14 (Reuters) – A Carlyle Group $1 billion deepwater crude export project faces a delay of up to 18 months after regulators called for a full environmental review, officials said, a setback in the private equity firm’s race to be first to open a new deepwater, U.S....