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Exports

As domestic production continues to increase, the average density of crude oil produced in the United States continues to become lighter. more

Refining/Petrochemical

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. more

Refining/Petrochemical

The United States, which became a net natural gas exporter on an annual basis in 2017 for the first time in almost 60 years, has continued to export more natural gas than it imports for five of the first six months in 2018. more

Natural Gas

Members of the Organization of the Petroleum Exporting Countries (OPEC) received about $567 billion in net oil export revenues in 2017, up 29% from revenues in 2016. more

Refining/Petrochemical

Enterprise Products Partners L.P. announced that construction is under way to increase loading capacity for liquefied petroleum gas, primarily propane and butane, at the Enterprise Hydrocarbon Terminal. more

Offshore & Marine

The U.S. energy regulator has approved a request by Cheniere Energy to feed the first gas into its new liquefied natural gas (LNG) facility in Corpus Christi, Texas, marking the beginning of a commissioning phase for the export terminal. more

Natural Gas

Oil prices fell on Wednesday after Chinese import data showed a slowdown in demand and as a trade dispute between Washington and Beijing escalated further. more

Refining/Petrochemical

Distillate fuel continued to be the most exported U.S. petroleum product in 2017, averaging 1.4 million barrels per day (b/d) of gross exports. more

Refining/Petrochemical

Canada is the largest energy trading partner of the United States, based on the combined value of energy exports and imports. more

Power Generation

Undeniably, rising crude oil exports in the U.S. have created favorable prospects for the midstream sector and refiners. more

Natural Gas

U.S. crude oil stockpiles fell last week as exports hit a record high and refinery ramped up output, while gasoline inventories dropped more than expected ahead of the summer driving season. more

Tanks/Terminals/Storage

Venture Global Calcasieu Pass, LLC, a subsidiary of Venture Global LNG, Inc., and Galp, a Portuguese-based fully integrated energy player, have entered into a 20-year Sales and Purchase Agreement (SPA) for the supply of one million tonnes per annum. more

Natural Gas

U.S. exports of liquefied natural gas (LNG) reached 1.94 billion cubic feet per day (Bcf/d) in 2017, up from 0.5 Bcf/d in 2016. more

Natural Gas

Rapidly growing U.S. ethylene production and investment in new derivative capacity has increased the number of ports exporting plastics and opened new markets for U.S. producers, ClipperData told Petrochemical Update. more

Chemical Processing

Total net energy imports to the United States fell to 7.3 quadrillion British thermal units (quads) in 2017, a 35% decrease from 2016 and the lowest level since 1982. more

Refining/Petrochemical

U.S. crude oil exports grew to an average of 1.1 million b/d in 2017. Crude oil exports in 2017 were nearly double those of 2016. Increase of U.S. crude oil exports were supported by increasing U.S. crude oil production and expanded infrastructure. more

Refining/Petrochemical

The United States exported more natural gas than it imported in 2017, marking the first time since 1957 that the United States has been a net natural gas exporter. more

Natural Gas

A U.S. manufacturing trade group on Thursday urged the U.S. Department of Energy not to approve further liquefied natural gas (LNG) export applications. more

Offshore & Marine

Over the next two years, EIA’s Short-Term Energy Outlook projects growth in U.S. consumption of ethane in the petrochemical industry will exceed increases in consumption of all other petroleum and liquid products. more

Chemical Processing

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