Storage

Petrochemicals , Crude Oil , Storage

Near-record Oil Stockpiles at US Gulf Coast Pressure Prices of Domestic Grades

Mars Sour, the benchmark for sour U.S. Gulf Coast grades, was trading at a $1.05 premium to U.S. crude futures on July 1.

July 3, 2020

Field Development , Technology , Storage

E&P Production: Promise of Tankless Operations

Data from a tankless operations pilot project show improvements in cost efficiencies, environmental compliance and more. 

July 1, 2020

Investment , Exploration & Production , Crude Oil , Trade , International , Shale Plays , Storage

Oil and Gas Investor At Closing: OPEC’s Dilemma, Shale’s Hope

Even for the leanest, meanest oil and gas producer sitting on the best assets in the land, fate hinges on the nature of the recovery.

July 1, 2020

Petrochemicals , Crude Oil , Storage

US Crude Oil Stockpiles Hit Record High for Third Week

Crude oil inventories also hit another record high on the U.S. Gulf Coast, where the bulk of the nation's refining capacity is located.

June 24, 2020

Natural Gas liquids (NGL) , Crude Oil , Storage

Easton Energy Adds Crude, NGL Storage Rights at Texas Facility

Demand for energy storage has soared as the COVID-19 pandemic crushed fuel demand, spurring oil producers and traders to fill storage facilities across the U.S.

June 24, 2020

Crude Oil , Storage

Oil Price Structure Signals Global Market Recovery

The new oil price structure marks a turnaround from earlier when the coronavirus outbreak had pushed oil prices into the opposite structure, when prompt prices fell below forward prices, known as contango.

June 19, 2020

Exploration & Production , Petrochemicals , Crude Oil , Tankers , Storage

US Oil Production Falls to Lowest Point Since 2018

Crude oil stockpiles in the U.S. rise to record high as imports from Saudi Arabia remain elevated.

June 17, 2020

Investment , Storage , Construction , Pipelines

Mirage/Northern Hemisphere Signs $4 Billion Debt Financing For 3 Projects

Pipelines, natural gas storage and Isthmus Corridor project are included.

June 17, 2020

Investment , Trade , Tankers , Storage

API Says Mexico Violating New Trade Deal, Hurting Investors

API said U.S. investors have faced difficulties getting permits in Mexico for fuel stations, storage facilities, imported fuel and terminals.

June 15, 2020

Crude Oil , Trade , International , Storage

Oil Prices Slump as Coronavirus-related Demand Concerns Resurface

In Houston, Lina Hidalgo, senior official for the county that includes the city at the heart of the U.S. oil industry, said "we may be approaching the precipice of a disaster."

June 11, 2020