Liquefied Natural Gas (LNG) , Tankers

Singapore Importer Cancels US LNG Cargo Loading

Global market oversupply leaves many traders with purchased cargoes that they cannot resell.

November 19, 2019

Liquefied Natural Gas (LNG) , Tankers

Argentina’s YPF Loads First Commercial LNG Cargo From New Floating Facility

Country seeks to exploit its massive Vaca Muerta shale play.

November 8, 2019

Field Development , Tankers

Equinor To Ship First Sverdrup Oil Cargo To China

The buyer is China International United Petroleum & Chemicals Co. Ltd. (UNIPEC), a part of the SINOPEC Group.

October 21, 2019

Crude Oil , Tankers

Oil Posts Biggest Gain In A Month After Reports Of Iranian Tanker Attack

Oil prices jumped more than 2% on Oct. 11 after Iranian media said a state-owned oil tanker had been struck by missiles in the Red Sea near Saudi Arabia, raising the prospect of supply disruptions weeks after attacks on Saudi oil plants.

October 11, 2019

Crude Oil , Tankers

Occidental Tentatively Books Oil Supertanker For Record $13.25 Million To Asia

Occidental is one of the biggest exporters of U.S. crude and routinely ships to Asian buyers, trade sources said. The company did not respond to requests for comment.

October 8, 2019

Tankers , Construction

Tallgrass Launches Open Season For Pony Express Pipeline Expansion

Tallgrass Energy, LP is a growth-oriented midstream energy infrastructure company operating across 11 states with transportation, storage, terminal, water, gathering and processing assets that serve some of the nation’s most prolific crude oil and natural gas basins.

October 8, 2019

Policy & Regulations , Tankers

Exxon Mobil Bars Use Of Oil Tankers Linked To Venezuela

Exxon Mobil Corp. this week banned the use of vessels linked to oil flows from Venezuela in the last year, according to four people familiar with the matter, putting new pressure on the U.S. sanctioned country and on global crude freight rates.

October 4, 2019

Trade , International , Tankers

Oil Shipping Rates Soar As US Supertanker Sanctions Rattle Crude Trade

Sanctions levied on Chinese shipper COSCO following charges of moving crude out of Iran.

September 28, 2019

Liquefied Natural Gas (LNG) , Tankers

Tellurian Signs Driftwood LNG Deal With India’s Petronet

The Driftwood project includes natural gas production, gathering, processing, and transportation facilities, along with the proposed Driftwood LNG export facility.

September 23, 2019

Liquefied Natural Gas (LNG) , Tankers

LNG Ltd. To Supply Gas To Vietnam From Louisiana Project

The deal comes at a time when LNG Ltd. has been struggling to lock in sales agreements for its Magnolia project due to the U.S. trade dispute with China.

September 16, 2019