Oil Price The chief executive of the port of Corpus Christi in Texas, Sean Strawbridge, resigned this week with the announcement providing no reasons for the move, Reuters reported. Strawbridge took the helm of the port of Corpus Christi in 2018 after serving as its chief operating officer. According to Reuters, during Strawbridge’s term, the port’s operating revenues expanded
Houston Chronicle San Antonio pipeline operator NuStar Energy is making a $400 million bet on the growth of exports at the Port of Corpus Christi. During a Tuesday morning presentation at the 2019 RBC Capital Markets Midstream Conference in Dallas, the company’s CEO Brad Barron laid out the pipeline operator’s capital expenditure budget for next year. Three out of four
Source: Reuters HOUSTON (Reuters) – Carlyle Group has exited its equity position in Lone Star Ports LLC, which proposed a $1 billion crude oil export terminal near Corpus Christi, Texas, a port official said on Friday. Sean Strawbridge, chief executive of the Port of Corpus Christi, said Carlyle notified the port on Oct. 8 it would no longer proceed with
Source: Houston Chronicle – Houston pipeline operator Kinder Morgan is starting a new pipeline to move natural gas the from the Permian Basin to Corpus Christi ahead of schedule. In a statement, Kinder Morgan said its 448-mile Gulf Coast Express Pipeline will begin full commercial service on Wednesday. Fully booked under long-term contracts, the natural gas transmission will move 2 billion
Port of Corpus Christi Begins $380 Million Channel Dig to Add 7 More Feet From the Houston Chronicle The Port of Corpus Christi has started work on $380 million project to deepen and widen its ship channel to allow for two-way supertanker traffic. The project should be completed in 2022. Port officials and community leaders held a Wednesday morning ceremony
Texas ports are taking measures to deepen, widen ship channels, expand port capacity; Florida port receives cargo from new Aframax crude tanker By Bevo Beaven, Editor, Oil & Gas 360 The Texas Gulf Coast is host to two ports working to expand capacity to accommodate the booming U.S. crude oil export trade—Port of Houston and Port of Corpus Christi. The
POCC Commission approves 50-year lease with Carlyle Group, Berry Group JV Crude oil exports are one of the key growth engines that the Port of Corpus Christi is flexing its significant muscle to build up. Port of Corpus Christi This expansion of export capacity is perfectly timed to allow Permian Basin and Eagle Ford producers to move the area’s light
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