Storage broker: Global IT outage of July caused California fuel storage problems
Storage broker The Tank Tiger said this week that the CrowdStrike IT failure last month, which grounded scores of flights, created new problems in California's fuel markets. U.S. traders were forced to store…
Legal Beat: Jones Act Moon Shot
What does the Jones Act have to do with the moon, you ask? Well, we must go to ground on the Jones Act to answer the question.The “Jones Act” we are talking about is the section in the Merchant Marine Act…
Floating Offshore Wind: Attention Turns Subsea for Power Transport
From being an ugly duckling, floating offshore wind is now the Cinderella of the offshore renewables world. Attention is now being paid to floating and even subsea substation concepts to help bring this power to shore.
US Approves LNG Exports from Oregon
The U.S. Energy Department on Monday approved the export of up to 1 billion cubic feet per day of liquefied natural gas from a proposed terminal in Oregon, a move it said would ease U.S. sales of the fuel…
Study Prompts Investments in LNG as Marine Fuel
A new study by the consulting group SEA/LNG reveals “a strong investment case” for LNG as a marine fuel in the container shipping market.The study was commissioned from the independent simulation and analytics…
EnBW Open to Partnerships in U.S. Offshore Wind Expansion
German utility EnBW could seek more partners in its planned push into the burgeoning U.S. offshore wind sector, its chief executive said.EnBW has already formed a joint venture with project developer Trident Winds to cater the U.S.
Bosch Rexroth Expands on US West Coast
Drive and control technology company Bosch Rexroth announced the next phase of its growing U.S. west coast presence through the re-opening of its Pleasanton, Calif. facility.First established in the late ’90s…
British International Freight Association Fumes Over Sulphur Surcharge
The British International Freight Association (BIFA), the trade association for UK freight forwarding and logistics companies, has described the container shipping industry’s recent imposition of a ‘sulphur…
Largest Oil Shipment Sent from Vancouver to China Since 2015
An Aframax tanker is scheduled to deliver the largest shipment of crude oil from Vancouver to China since January 2015 later this month, Thomson Reuters trade flow data show.For years, Canadian officials have…
Fight over Alaska Arctic Drilling has Just Begun
Senator Lisa Murkowski, an Alaska Republican, won a decades-long battle on Wednesday to open part of an Arctic wildlife reserve in her state to oil and gas drilling, but Democratic senators and conservationists vow the war has only begun.
Statoil’s NY Offshore Wind Project Named 'Empire Wind'
Empire Wind is the project name of Statoil’s offshore wind site located off the southern coast of Long Island, N.Y. “The name Empire Wind captures the pivotal role that this important project will play in…
Pemex Declares Force Majeure over Maya Crude from Pacific
Mexico's state-run oil company Pemex has declared force majeure over at least two cargoes of Maya crude to be loaded at its Salina Cruz terminal on the Pacific Coast, after a fire affected its largest refinery earlier this month…
Another Step toward Wind Energy off California
BOEM assessing competitive interest in proposed floating wind turbine project site offshore Morro Bay, Calif. Signaling a major step forward in supporting wind energy development in federal waters offshore California, U.S.
BP Loads ANS Crude for Export
British oil company BP Plc has loaded a cargo of Alaskan North Slope (ANS) crude for export, according to two trade sources and Reuters Trade Flows data, the latest indication that exports of Alaskan crude are becoming less rare.
Unipec: U.S. ANS Destined for Sinopec
Arbitrage opens after ANS discount widen on ample supplies. Unipec, the trading arm of top Asian refiner Sinopec, has bought two U.S. crude cargoes, including a rare purchase of Alaskan North Slope (ANS) for its refineries in China…
BP's Foreign-Flag ANS Charter Signals Export Intentions
British oil company BP Plc has chartered a foreign-flagged vessel to transport Alaskan crude, the company said on Monday, the latest sign that producers of Alaskan North Slope, or ANS, crude are eyeing new markets. ANS is mostly transported to the U.S.
First Alaskan North Slope Cude Export Planned for Nicaragua
Alaskan North Slope (ANS) crude will be shipped to Nicaragua for the first time in July, two trade sources said on Friday, underscoring a shift in oil flows to and from the U.S. West Coast. A parcel of the…
Saudi Prince talks Oil Markets with U.S.
Saudi Arabia's Deputy Crown Prince Mohammed bin Salman discussed global oil market conditions and efforts to maintain its stability with U.S. Energy Secretary Ernest Moniz, state news agency SPA reported on Thursday.
US Senators Introduce Bill to Limit Offshore Drilling
A group of U.S. Senators on the West Coast have introduced a bill Wednesday aiming to prohibit offshore drilling on the outer continental shelf of California, Oregon and Washington. First introduced in 2010…
Alliance Shuts Natgas Pipeline; Chicago Prices Up
Alliance Pipeline shut its Western Canadian 1.6 bcfd pipeline that feeds natural gas to Chicago on Friday after poisonous, flammable gas got into the system, forcing at least five producers to curb output and lifting Chicago prices.
