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HomeExports

Exports

Crude Oil News

Russia boosting oil exports to Asia – Transneft

December 24, 2023 Stu Turley

Shipments of crude to China and India have surged as Moscow redirects supplies from the EU Russia has sharply increased oil shipments to China and India this year, Nikolay Tokarev, the CEO of the Russian […]

Russia
Crude Oil News

Russia’s key ally to hike rates for oil transit to EU

December 23, 2023 Stu Turley

Transit of Russian oil through Belarus will become more costly next year, the Kommersant business daily reported on Saturday, citing Russian energy export giant Transneft. According to the report, the Belarusian operator of the Druzhba […]

Exports

US weekly LNG exports down to 22 cargoes

December 22, 2023 Stu Turley

US liquefied natural gas (LNG) exports decreased in the week ending December 20 compared to the week before, according to the Energy Information Administration. The agency said in its weekly natural gas report that 22 […]

Crude Oil News

Daily Energy Standup Episode #275 – Wind Farm Challenges, Oil Price Forecasts, and Global Tensions Unveiled

December 21, 2023 Andy Del Prado

Daily Standup Top Stories Another Offshore Wind Farm Hits the Dust December 20, 2023 Stu Turley Key Takeaways 1: The developer of “Icebreaker,” a small project in Lake Erie, announced it is pulling stakes on its […]

Diesel
Downstream

Red Sea Tensions Threaten to Disrupt Diesel Market Stability

December 20, 2023 Mariel Alumit

Increased distillate production and slowing economic activities have led to rising diesel stocks and falling prices. Weak manufacturing activity in the U.S. and Europe contributes to reduced diesel demand, easing the market. Geopolitical tensions near […]

Climate Crisis

Daily Energy Standup Episode #274 – Navigating Challenges and Strategies in Global Energy Dynamics

December 20, 2023 Andy Del Prado

Daily Standup Top Stories Energy Workforce: Biden’s Gulf of Mexico leasing auction “detrimental” to U.S. energy supply December 19, 2023 Mariel Alumit (WO) – Energy Workforce & Technology Council released the following statement rebuffing the newly […]

Europe
Exports

Europe Almost Replaces Russian Gas

December 19, 2023 Mariel Alumit

The European Union has been working to cut down its reliance on Russian energy, especially natural gas. While it sounds simple to just find new energy suppliers, it’s actually a tough task. It involves setting […]

LNG
Climate Crisis

Potential Impacts of a Hurricane on Gulf LNG Exports

December 18, 2023 Mariel Alumit

The advent of the LNG Export Era has had a dramatic impact on the North American Natural Gas Market. Nearly 13% of all natural gas produced in North America is shipped overseas to trading partners; […]

US LNG cargoes
Exports

Europe continues to be main destination for US LNG cargoes

December 18, 2023 Stu Turley

France was the top destination for US liquefied natural gas (LNG) supplies in October as Europe continues to receive the majority of volumes produced at US liquefaction plants, according to the Department of Energy’s newest […]

East African
Exports

East African trade bloc expands

December 18, 2023 Stu Turley

Somalia has officially become the eighth member of the East African Community (EAC) after more than a decade of lobbying to be admitted into the regional trade bloc that operates a single market and allows […]

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