Logistical constraints at the Port of Vancouver mean waterborne oil exports from the highly anticipated Trans Mountain pipeline expansion due to start up on Wednesday may only be around half what the Canadian government-owned corporation has forecast, traders and shipping sources said.The C$34 billion ($24.82 billion) project to nearly triple the flow of crude from Alberta to Canada's Pacific Coast to 890…
Russia has begun shipping oil and refined products to Bolivia, helping to tackle a fuel shortage in the country, and expanding its presence in Latin America as Western sanctions have forced Moscow to seek new markets, traders and shipping data show…
The Texas energy industry was evaluating the impact from Hurricane Beryl on Monday after the powerful storm lashed the U.S. Gulf Coast, closing key shipping ports and hitting the oil refining and production sectors.Beryl made landfall near the coastal town of Matagorda…
U.S. crude oil imports last month rose to a nearly two-year high as refiners scooped up heavy crudes from Canada and Latin America to process into fuels for summer driving season.Imports of crude oil rose to 3.1 million barrels per day (bpd) in May…
Russia's oil exports from its western ports in July are expected to decline from June amid higher refinery runs and Moscow's pledge to stick to OPEC+ output cuts, two traders said.Russian oil exports from Baltic ports Primorsk and Ust-Luga as well as the Black Sea port of Novorossiisk…
Twenty-two oil tankers are scheduled to load this month in Vancouver with crude from the expanded Trans Mountain pipeline, which is running around 80% full with a 'little bit' of spot capacity also being used, a Trans Mountain executive said on Wednesday…
China's Hengyi has increased fuel oil exports from its Brunei refinery this month and has delayed loadings of other refined products following a fire at the plant in late May, according to several trade sources and ship-tracking data.The delivery…
Imports of straight-run fuel oil (SRFO) to the U.S Gulf Coast were set to climb to record levels this month as Mideast and African suppliers ramped up exports and U.S. refiners scrambled for heavy feedstocks, according to data from ship tracker Kpler…
Crude oil tanker Dubai Angel on Monday moored at the Westridge Marine Terminal in Vancouver, preparing to load the first cargo of crude oil from the recently expanded Trans Mountain pipeline (TMX), ship tracking data showed.Chartered by Canadian oil producer Suncor Energy…
Crude oil tanker Dubai Angel on Monday moored at the Westridge Marine Terminal in Vancouver, preparing to load the first cargo of crude oil from the recently expanded Trans Mountain pipeline (TMX), ship tracking data showed.Chartered by Canadian oil producer Suncor Energy…
Niger's Prime Minister Ali Mahaman Lamine Zeine said on Saturday that Benin's blockade of Niger's oil exports, imposed in response to a border closure, violated trade agreements between the two countries and with Niger's Chinese partners.Speaking at a press conference in the capital Niamey…
Pipeline operator Energy Transfer expects to receive a draft Environmental Impact Statement (EIS) for its Blue Marlin offshore terminal this quarter, executives said on Wednesday during a quarterly earnings call.Energy Transfer is among several…
The Taliban has agreed with Kazakhstan and Turkmenistan to build a logistics hub in western Afghanistan aimed at making the war-torn nation a major logistics point for regional exports, including oil from Russia to South Asia, the country's commerce minister said…
Enterprise Products Partners on Tuesday said it expects to have two contracts for its proposed deepwater oil export terminal by May 31 and reach a final investment decision before year-end.Enterprise's ambitious Sea Port Oil Terminal (SPOT)…
Russia remained China's top oil supplier in March, data showed on Saturday, as refiners snapped up stranded Sokol shipments.China's imports from Russia, including supplies via pipelines and sea-borne shipments, jumped 12.5% on the year to 10…