Crude Oil , Trade , International , Tankers

Oil Prices Rise after Suez Canal Ship Runs Aground Blocking Traffic

The potential disruption to supplies due to the Suez Canal incident has lifted oil prices, but “the reprieve seems temporary,” says Jeffrey Halley of brokerage OANDA.

March 24, 2021

Trade , International , Tankers

Iran Asks Indonesia to Explain Seizure of Tanker Accused of Illegal Oil Transfer

Indonesia says that oil spilled during the transfer.

January 25, 2021

Liquefied Natural Gas (LNG) , Tankers

Panama Canal LNG Vessel Bottleneck Could Last until March

Congestion delaying LNG shipments via the Panama Canal is expected to last through the peak demand winter months, traders close to the situation said on Jan. 14, although the canal’s regulator said it had made changes to speed up transit.

January 15, 2021

Tankers , Construction

Buckeye Partners Completes Second Deepwater Dock at South Texas Gateway

The completion of the second deepwater dock at South Texas Gateway at the mouth of the Corpus Christi Ship Channel enables Buckey to accommodate the berthing and loading of two vessels simultaneously.

December 30, 2020

Trade , International , Tankers

UAE Emerges as Hub for Avoiding US Oil Sanctions on Venezuela

Three UAE entities identified by Reuters have built their fleets since early 2019 with vessels that have since made mainly Venezuela-related journeys, according to vessel tracking data.

December 30, 2020

Crude Oil , Tankers

Shipping Firm Says Oil Tanker Hit by ‘External Source’ in Saudi Arabia

Saudi Arabia said on Dec. 14 that a fuel transport ship anchored at a Jeddah terminal was hit by an explosive-laden boat in what it called a terrorist attack.

December 14, 2020

Liquefied Natural Gas (LNG) , Tankers

First LNG Tanker Heading to Louisiana Cameron Plant Since Hurricane Delta

The first LNG tanker to go to Cameron LNG's export plant in Louisiana since Hurricane Delta was set to arrive on Oct. 20.

October 20, 2020

Liquefied Natural Gas (LNG) , Natural Gas , Tankers

Sabine Pass Ship Traffic Limited by Grounded Rig

The waterway sits on the Texas-Louisiana border and connects the Gulf of Mexico to Cheniere Energy's Sabine Pass LNG export plant and to oil refineries in Port Arthur and Beaumont, Texas.

October 19, 2020

Exploration & Production , Natural Gas , Crude Oil , Tankers

Hurricane Delta Shuts Over 90% of US Gulf of Mexico Oil Production

Hurricane Delta raked across the prime U.S. offshore oil producing areas in the GoM on Oct. 8 as energy companies pulled workers from offshore platforms and began securing coastal processing plants.

October 8, 2020

Exploration & Production , Natural Gas , Crude Oil , Tankers

Hurricane Delta Shuts 80% of US Gulf Offshore Crude Oil Production

Oil producers had evacuated 183 offshore facilities in the U.S. GoM by Oct. 7 and halted nearly 1.5 million bbl/d of oil and 1.33 Bcf/d of natural gas production. The region accounts for about 17% of U.S. oil output.

October 7, 2020