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Oversupply of Crude Foils Oil-Price Recovery, Impacts Ports

Posted by PortVision on May 24, 2017 6:07:00 AM

It’s been said that you can never have too much of a good thing. But members of the Organization of the Petroleum Exporting Countries (OPEC), faced with the oversupply of crude, might take issue with that statement.

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New Pipelines and LNG Terminals Boost Natural Gas Exports

Posted by PortVision on May 17, 2017 6:08:00 AM

The “shale revolution,” as it’s been called, has led not only to the construction of new pipelines and LNG terminals, but also to a significant increase in this country’s energy exports. Less than a decade ago, U.S. gas production from conventional fields was in a downward spiral. And experts predicted that the country would become, of necessity, one of the largest importers of natural gas.

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Will the U.S.-Mexico Trade Conflict Affect Trade in Natural Gas?

Posted by PortVision on May 3, 2017 6:07:00 AM

President Trump’s promise to build a border wall and have Mexico pay for it, possibly through new taxes on imported goods from that country, has economic analysts keeping a close eye on the evolving – and currently contentious – relationship between the U.S. and its neighbor to the south. Many wonder what impact the new Administration’s policies might have on energy trade between the two countries.

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Pipeline Maintenance Reroutes LNG Deliveries to Mexico

Posted by Chris Leslie on Apr 27, 2017 6:07:00 AM

Earlier this month, Pemex, Mexico's state-owned petroleum company, started importing LNG from Cheniere Energy's export terminal in Sabine Pass to Mexico's Altamira import terminal.  These deliveries were the product of scheduled maintenance on the NET Mexico pipe in Texas, which starting during the holy week of April 9 - 15. 

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Strong Demand for LNG Expected to Continue

Posted by PortVision on Apr 25, 2017 6:07:00 AM

According to the LNG Outlook recently published by Shell, things look good for solid growth in the liquefied natural gas industry through 2030, though some indicators in 2016 briefly called that projection into question.

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Homeless LNG Here to Stay

Posted by PortVision on Jan 10, 2017 6:07:00 AM

Low prices and abundant supplies have created what is being called “homeless LNG:” liquid natural gas without committed buyers being housed in tanker ships roaming the high seas.

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Oil companies see their future in Liquid Natural Gas

Posted by PortVision on Dec 21, 2016 6:07:00 AM

At present, natural gas has a market advantage over other types of fossil fuels – global environmental standards are less rigorous for this fuel. Due to this advantage, the market is seeing big oil companies turn their focus to natural gas.

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Ship's anchor cuts internet cables from Jersey to the UK

Posted by Chris Leslie on Dec 16, 2016 6:07:00 AM

Last month, a ship transiting the English Channel accidentally cut internet cables, used by network company JT, that connected Jersey to the UK. This resulted in dramatically slower internet speeds for residents on the island, who had to rely on a single cable connected to France.

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Are there issues navigating the new locks in the Panama Canal?

Posted by PortVision on Sep 27, 2016 6:07:00 AM

During the first ship's inaugural transit through the newly expanded canal, a navigation error caused a crash, as reported by the New York Times. The Cosco Shipping Panama, a Chinese container ship, scraped along a canal wall.

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Iran struggles to find enough ships for its oil exports

Posted by PortVision on Jun 15, 2016 6:07:00 AM

With the lifting of 2011 and 2012 EU sanctions, Iran is eager to regain its markets for oil exports around the world, but it is struggling to find enough ships to ramp up those exports.

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