Gulf Coast


All posts for Gulf Coast

ESAI Energy Details the Growing LNG Surplus

Expert Analysis on Growing LNG Market BOSTON, MA, October 16, 2019 – ESAI Energy, an industry-leading energy market research and forecasting firm, examines the impact of an impending global LNG surplus for its clients, complementing the firm's offerings in crude oil, natural gas, refining, pe ...

Jake Wright


Posted 1 month agoPress > LNGLiquified Natural GasLiquefied Natural Gas +6

This Week in Petroleum: Lowest crude oil imports since 1986 indicate changes in U.S. Gulf Coast crude oil supply

Lowest crude oil imports since 1986 indicate changes in U.S. Gulf Coast crude oil supply U.S. Gulf Coast crude oil imports averaged 1.8 million barrels per day (b/d) in March 2019, the lowest level since March 1986 and significantly lower than the peak of 6.6 million b/d in March 2007. Preliminary ...

Hui Shan


Posted 5 months agoOpinion > CanadaCrude oilexports +8

Crude Oil Entering Gulf Coast Refineries Has Become Lighter as Imports Have Declined

Source: U.S. Energy Information Administration, Monthly Imports Report , Crude Oil Input Qualities The density of crude oil processed by U.S. Gulf Coast refineries has become lighter since 2008 as refineries moved away from heavier imported crude oil to lighter crude oil produced in Texas ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > Gulf CoastEIAEnergy Information Administration EIA +6

East Coast Refiners Receiving More Domestic Crude Oil From Gulf Coast by Tanker and Barge

Source: U.S. Energy Information Administration, Petroleum Supply Monthly Since mid-2017, the East Coast has been receiving as much crude oil by tanker and barge from the Gulf Coast as it has by rail from the Midwest. In April, the volume of crude oil transported by tanker and barge from th ...

OilVoice Press - OilVoice


Posted 1 year agoPress > East CoastRefineryCrude oil +7

ESAI Energy LPG Update - MB Ethane Breakthrough

As new Gulf Coast ethane crackers and the Mariner East expansion expand the market for U.S. ethane, Mt Belvieu prices of this feedstock have achieved a breakthrough. For the first time in years, ethane is trading at more than 10 cpg above its fuel value, pushing Mont Belvieu prices to 34 cpg as of l ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > ESAI EnergyLPGLiquefied Petroleum Gas +6

Robotic Cleaning Pioneers Launch New Base of Operations in Houston

In response to overwhelming demand to save heavily fouled heat transfer assets across U.S. Gulf Coast refinery operations, UK-founded Tube Tech International is launching a dedicated local base in Houston, Texas.  The welcomed move, set to serve a client base who lose millions of dollars on length ...

OilVoice Press - OilVoice


Posted 1 year agoPress > TexasUnited StatesUS +4

U.S. Imports of Canadian Crude Oil by Rail Increase

Source: U.S. Energy Information Administration, Petroleum Supply Monthly Growth in Canadian crude oil production has outpaced expansions in pipeline takeaway capacity and, along with past pipeline outages , has driven Canadian crude oil prices lower and increased Canadian crude oil export ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > United StatesUSCanada +5

SABIC and ExxonMobil Advance Gulf Coast Project with Creation of a New Joint Venture

RIYADH, Saudi Arabia & SPRING, Texas--( BUSINESS WIRE )--SABIC and  ExxonMobil  said today that they have created a new joint venture to advance development of the  Gulf Coast Growth Ventures project , a 1.8 million tonne ethane cracker currently planned for construction in San Patricio County, Tex ...

OilVoice Press - OilVoice


Posted 1 year agoPress > SabicExxonMobilGulf Coast +3

LPG Demand Grows in Waves

The global LPG market will grow by 325,000 b/d each of the next two years, as big gains in NGL supply are matched by an expansion in petchem capacity, according to ESAI Energy's newly published Global NGL Two-Year Outlook . Last year, scarce supplies led to a contraction of petchem demand, slowing ...

OilVoice Press - OilVoice


Posted 1 year agoPress > ESAI EnergyLPGLiquified Petroleum Gas +4

ExxonMobil Considers Polypropylene Production Expansion Along U.S. Gulf Coast

Facility to manufacture high-performance, lightweight durable plastics Final investment decision could come later this year Project startup as early as 2021 IRVING, Texas--( BUSINESS WIRE )-- ExxonMobil said today it has started detailed engineering work on a potential U.S. Gulf Coast ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Gulf CoastUnited StatesUS +5

US: Total, Borealis and NOVA Chemicals Sign Definitive Agreements to Form a Joint Venture in Petrochemicals

Paris/Vienne/Calgary – Total S.A. (“Total”), Borealis AG (“Borealis”) and NOVA Chemicals Corporation (“NOVA Chemicals”) today announced that affiliates of the three companies have signed definitive agreements to form a joint venture in petrochemicals on the U.S. Gulf Coast.   The joint venture ...

OilVoice Press - OilVoice


Posted 1 year agoPress > USUnited StatesJV +5

U.S. Crude Oil Exports Increased Following Hurricane-Related Refinery Disruptions

Source: U.S. Energy Information Administration, Petroleum Supply Monthly From late August through September 2017, Hurricane Harvey caused disruptions to the U.S. Gulf Coast refining sector, resulting in record-high U.S. crude oil exports when export facilities reopened after the storm an ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > EIAEnergy Information Administration EIAUnited States +5

Gulf Coast Refinery Runs Are Approaching Levels Seen Prior to Hurricane Harvey

Source: U.S. Energy Information Administration, Weekly Petroleum Status Report For the week ending October 20, 2017, gross inputs to petroleum refineries in the U.S. Gulf Coast averaged 8.8 million barrels per day (b/d), or about 324,000 b/d higher than the previous five-year range for mid ...

OilVoice Press - OilVoice


Posted 2 years agoOpinion > Gulf CoastEIAEnergy Information Administration EIA +2

S&P Global Platts Preview of U.S. EIA Data: Likely to Show Crude Oil Stocks Fell 400,000 Barrels

Declines in U.S. crude oil stocks each of the last two weeks because of record-high exports has failed to lift oil futures, with prompt-month NYMEX crude retreating to the $40-per-barrel area, unwinding part of September's rally, according to an S&P Global Platts preview of this week's pending U.S. ...

OilVoice Press - OilVoice


Posted 2 years agoOpinion > Crude oilStocksNYMEX +4

Dr. Daniel Fine: Hurricanes, strategic implications, royalties and prices

Hurricane Harvey last month shut down more than 3 million barrels of oil refinery output or nearly 17 percent of the nation's capacity. Refinery capacity in the Gulf Coast was down over 30 percent on Aug. 30. Whatever caused this hurricane, there is now a risk of future size and scale to be reckoned ...

Will Fine


Posted 2 years agoOpinion > Hurricane HarveyStrategic Oil & Gasoil royalties +36