World Fuel Services (WFS) said March 29 that its exclusive agreement to supply marine fuel at the Sunoco Logistics Nederland terminal in Texas is now fully operational with effect from March 2017.
The exclusive agreement means that WFS can now supply RMG 380 and MGO 0.1% Sulfur ‘ex-pipe’ and concurrent to vessels while loading and discharging cargo.
The Nederland terminal on the Sabine-Neches waterway between Beaumont and Port Arthur, Texas, provides area customers with about 26 million barrels (MMbbl) of crude and 1 MMbbl of NGL aggregate storage capacity.
Recommended Reading
McKinsey: US Output Hinges on E&P Capital Discipline, Permian Well Trends
2024-02-07 - U.S. oil production reached record levels to close out 2023. But the future of U.S. output hinges on E&P capital discipline and well-productivity trends in the Permian Basin, according to McKinsey & Co.
EIA: Oil Prices Could Move Up as Global Tensions Threaten Crude Supply
2024-02-07 - Geopolitical tensions in the Middle East and ongoing risks that threaten global supply have experts questioning where oil prices will move next.
Tinker Associates CEO on Why US Won’t Lead on Oil, Gas
2024-02-13 - The U.S. will not lead crude oil and natural gas production as the shale curve flattens, Tinker Energy Associates CEO Scott Tinker told Hart Energy on the sidelines of NAPE in Houston.
Chesapeake Enters into Long-term LNG Offtake Agreement
2024-02-13 - Chesapeake Energy entered into a long-term liquefaction offtake sale and purchase agreement with Delfin LNG and Gunvor Group for a 20-year period.
The Secret to Record US Oil Output? Drilling Efficiencies—EIA
2024-03-06 - Advances in horizontal drilling and fracking technologies are yielding more efficient oil wells in the U.S. even as the rig count plummets, the Energy Information Administration reported.