Oil And Gas News


As Shale Oil Gains Slow, Deepwater Port Struggles for Customers

Apr 22, 2024

As U.S. shale oil boomed last decade, an oil pipeline company pitched an ambitious multi-billion-dollar export port off the Texas coast to ship domestic crude to buyers in Europe and Asia.In April, Enterprise Products Partners' SPOT became the first project to receive a license from the U…

Turkish Oil Terminal Halts Russian Oil Business

Mar 05, 2024

One of Turkey's mid-sized Mediterranean oil terminals - the Dortyol terminal - will no longer accept Russian imports after receiving record volumes last year, amid an increase in sanctions pressure by the United States.Turkey has become one…

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