Source: Reuters A Canadian company has loaded a test cargo of solid bitumen onto a vessel destined for a refinery in China, the latest effort by the energy industry to avoid congested export pipelines and find new ways to export more oil sands crude. Calgary, Alberta-based Melius Energy loaded 130 barrels of neat bitumen, similar in consistency to a hockey
From Reuters Canadian Natural Resources Ltd, the country’s biggest oil producer, has joined a number of other firms asking Canada’s energy regulator to intervene in Enbridge Inc’s plan to overhaul shipping contracts on its Mainline pipeline network. Canadian Natural’s letter to the National Energy Board (NEB), filed late on Monday, calls on the regulator to delay Enbridge’s proposal to switch
From CNBC Qatar will lose its title as the world’s largest exporter of liquefied natural gas (LNG) within the next year, as Australia ramps up production on a slew of multi-billion dollar export projects. “Australia and Qatar continued to jostle for the title of the world’s largest LNG exporter over the first five months of 2019,” the Australian government said
From The Houston Chronicle Within the next 12 months Australia is likely to surpass Qatar as the world’s largest exporter of liquefied natural gas, the Energy Information Administration is forecasting. Australian LNG capacity reached 11.4 billion cubic feet a day this year, more than four times what it was in 2011 and surpassing Qatar’s capacity. Australia “exported more LNG than
From Reuters An inexorable decline in spot market prices for liquefied natural gas (LNG) is pushing utilities in Japan to be more aggressive in price reviews built into traditional long-term contracts linked to oil prices, lawyers and analysts said. The utilities are also looking to buy more LNG on the spot market, where prices LNG-AS are plumbing three-year lows and
By Tyler Losier, Energy Reporter, Oil & Gas 360 Sempra names Brian L. Kelly VP of federal government affairs Sempra Energy (stock ticker: SRE), an energy infrastructure company with an increasingly prevalent foothold in the LNG business, has appointed Brian L. Kelly as its new vice president of federal government affairs. Kelly will be based in Washington D.C. and will
From Bloomberg U.S. refiners aren’t just buying crude to turn into gasoline and diesel — they’re competing with producers and traders to export it. Marathon Petroleum Corp. and Phillips 66 — two of the three biggest U.S. independent fuelmakers — are getting in on the shale export boom. Both are part owners of existing pipelines and new ones being built from the Permian
From The Wall Street Journal U.S. energy exporters are wrangling with one of the country’s busiest ports in Houston, saying its recent move to accept larger container ships threatens to constrict the shale boom. The issue has pitted a coalition of oil-and-gas companies—including Enterprise Products Partners EPD +3.60% LP and Kinder Morgan Inc. KMI +2.90% —against global ocean-shipping companies that are sending larger container vessels to Houston, affecting traffic
From Alaska Highway News After a hiatus of more than two years, Petronas Energy Canada Ltd. is back in the field in Northeast B.C. as it begins drilling to underpin its share of natural gas for the LNG Canada export project. However, the former Progress Energy Canada Ltd. has no plans to return to the frenetic pace of 2013-2014 when
From Reuters Intercontinental Exchange on Tuesday said it would launch a crude oil futures contract deliverable in Houston later this quarter, capitalizing on the growth in U.S. exports of crude oil that have risen to about 2 million barrels a day. Houston has become the pricing center for U.S. crude oil production and exports, and the new contract is designed
Total 2015 U.S. energy production was 89 quadrillion BTUs, 91% of consumption The United States total energy production saw an increase for the sixth consecutive year. Data collected from EIA’s Monthly Energy Review stated that energy production in the U.S. totaled 89 quadrillion British Thermal Units. The total amount of energy produced in the U.S. in 2015 corresponded to roughly
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