Tag: gulf coast

Rail terminal could bring more Canadian oil to Gulf

The oil industry isn’t waiting on the Keystone Pipeline to build a link between Canadian heavy crude and the Gulf Coast.  More »

Supreme Court denies BP on spill payment freeze

The Supreme Court on Monday rejected BP’s emergency petition to halt oil spill payments while it considers whether or not to take up a broader dispute over allegedly fabricated economic-loss claims.  More »

Phillips 66 buys big oil storage terminal on Gulf Coast

Phillips 66 struck a deal Thursday for what may become its largest oil and refined-product storage terminal as it anticipates an influx of crude oil to migrate to the Gulf Coast.  More »

Smaller-scale advances driving shale gas innovations

Investors’ growing reluctance to back big, complex projects is driving the energy industry to break up its infrastructure plans into smaller pieces, potentially putting new projects and technology development into the hands of many more players, energy executives said Thursday.  More »

Williams Partners plans $300M pipeline expansion for gas export facility

Williams Partners is planning a $300 million expansion of its southeastern U.S. pipeline system to carry natural gas to Cheniere Energy’s future liquefied natural gas export facilities at the Sabine Pass in Louisiana, the company said Friday.  More »

US exporting a ‘tidal wave’ of gasoline, other fuels

U.S. refiners are sending a “tidal wave” of gasoline, diesel and other refined products onto the world market, taking advantage of the surge in domestic oil development that has helped drive Gulf Coast crude stockpiles to record levels, according to a new report.  More »

Labor shortage threatens to bust shale boom

Labor shortages, causing delays in construction, threaten to slow the Gulf Coast energy boom and push back the date when the country can meet its own energy needs, estimated by BP Plc to be in 2035.  More »

Coast Guard: Gulf Coast cleanup efforts ‘far from over’

The Coast Guard is crying foul at BP’s statement this week that active cleanup efforts to remove oil along the Gulf Coast shorelines have ended.  More »

Keystone opponents carve anti-pipeline message into field

Opponents of a proposed pipeline that would carry oil from Canada south to the Gulf Coast have stamped a massive message of resistance into a Nebraska field that is in the project’s path.  More »

Houston fills with crude oil that can’t be shipped out

Houston and the rest of the U.S. Gulf Coast have more crude oil than the region can handle. Storage tanks are filling as new pipelines carry light, sweet oil found in shale formations to the coast and U.S. law keeps companies from moving it out.  More »

Moody’s: New Chinese plants could hamper global refining earnings

Cheap natural gas and oil supplies will give Gulf Coast refiners an edge in global markets, but over the next two years new plants coming online in China and the Middle East are poised to dampen worldwide demand for refined products like gasoline, according to a report released Monday.  More »

Gas boom creates chemical bond between Gulf Coast, foreign firms

Foreign companies are making big bets on the Gulf Coast petrochemical corridor, where capital investment is surging because of cheap U.S. natural gas, other lower costs and the existing industry infrastructure.  More »
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