Tankers
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.
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.
Liquefied Natural Gas (LNG) , Natural Gas , Tankers
LNG Tanker to Drop Cargo in US with European Stockpiles Near Full
The combination of higher U.S. prices, coronavirus demand destruction and record stockpiles in Europe has already prompted buyers to cancel dozens of U.S. LNG export cargoes for delivery this summer.
Imports , Tankers , Storage
COLUMN: US Crude Stocks Swell as Saudi Tankers Unload
If the increase is a one-off, it won’t affect a market that is quickly rebalancing.
Crude Oil , Tankers
Flurry of US Gulf Coast Crude Export Fixtures Offers Glimmer of Hope
Commodities merchant Trafigura and Occidental Petroleum are among companies looking to book vessels to ship crude from the U.S. Gulf Coast to Asia, one shipbroker said.
Investment , Legislation , Infrastructure , Tankers , Construction
Despite Short-term Pain, Oil and Gas Leaders Stress Infrastructure Gain
Executives and politicians discuss ways to position the industry for the coming rebound.
Liquefied Natural Gas (LNG) , Tankers
LNG Cargoes Head to China After Beijing Awards Tax Waivers
Shipments are the first from the US since March 2019.
Crude Oil , Tankers , Storage
As Shale Struggles, Crude Tankers Ply Oceans of Cash
Even with very high day rates, the oil market contango means that floating storage makes economic sense.
Tankers , Storage
Is Crude Oil Storage on Vessels the Answer?
As demand for crude oil falls and storage tanks around the world fill up, there is a temptation to turn to tankers for storage.
Crude Oil , Tankers
Chinese Buyers Snap Up US Oil at Widest Discounts Ever
WTI discounts are $6 to $7 a barrel, increasing pressure on producers to shut in wells.