Tag: Exports

US Dept of Energy authorizes LNG exports from offshore project

US Dept of Energy authorizes LNG exports from offshore project

Federal law requires approval of natural gas exports to countries that do not have free trade agreements with US The US Department of Energy announced it approved a long-term application to export liquefied natural gas (LNG) from the first offshore project, Delfin LNG, LLC (Delfin), according to a press release. Exports in the amount of […]

Canadian oil producers relying more on US market

Canadian oil producers relying more on US market

Rapid development of liquids-rich shale gas in the US reduced demand for Canadian natural gas The United States is a key market for energy producers from Canada, but the degree of US reliance varies, according to a National Energy Board press release. In 2016, 79 per cent of crude oil production was exported to the US – the […]

Cheniere Energy looking to increase LNG shipments to China

Cheniere Energy looking to increase LNG shipments to China

Cheniere Energy stocks up in trading on Friday Cheniere Energy announced on Friday that it has been in talks with Chinese state-owned companies concerning an increase in shipments of LNG to China from the United States. Since February 2016, Cheniere has sold nine LNG cargos to China.  Reuters reports all were sold on spot-based contracts […]

Bakken crude ships to Asia for the first time, more after DAPL complete

Bakken crude ships to Asia for the first time, more after DAPL complete

Bakken crude shipped from Louisiana port The first shipment of Bakken crude to Asia left a Louisiana port late last month, which is expected to be the first of many cargoes once the Dakota Access Pipeline starts transporting oil in May. According to shipping documents seen by Reuters, Swiss-based Mercuria Energy Trading S.A. loaded over […]

By April 26, 2017 0 Comments Read More →
Distillate export boom keeps US refiners busy: Kemp

Distillate export boom keeps US refiners busy: Kemp

Most distillate being exported to Mexico, Brazil and other countries in Latin America By John Kemp US refiners have become a powerhouse of distillate exports, causing the supply-demand balance for fuels from the middle of the barrel to tighten in the United States despite a very warm winter. Exports of distillate fuel oil (e.g. diesel) […]

US ethanol exports rise 26% in 2016 to second-highest level on record

US ethanol exports rise 26% in 2016 to second-highest level on record

Brazil surpassed Canada as top destination for US fuel ethanol exports, receiving 267 million gallons in 2016 The United States exported more than 1 billion gallons (68,000 barrels per day) of fuel ethanol in 2016, an increase of 26 per cent from export levels in 2015, according to the US Energy Information Administration. US imports of […]

Coal exports/imports decline in 2016 as US remains net coal exporter

Coal exports/imports decline in 2016 as US remains net coal exporter

 Great Falls, Montana; Honolulu, Hawaii; and San Juan, Puerto Rico, customs districts were only ones to see increase in imports during 2016 The United States remained a net exporter of coal in 2016, exporting 60.3 million short tons (MMst) and importing 9.8 MMst, according to the US Energy Information Administration. US coal exports fell for […]

Oil demand to 2018: Where could we be wrong?

Oil demand to 2018: Where could we be wrong?

Oil demand has been surprisingly strong over the last two years in India Global oil demand is in for a year of strong growth but given the delicate rebalancing in the oil market, even small changes to a forecast could have major implications for price, according to Wood Mackenzie. Wood Mackenzie highlight the factors that could have […]

Canada is the United States’ largest partner for energy trade

Canada is the United States’ largest partner for energy trade

United States imported 73 million megawatt hours of electricity from Canada in 2016 Canada is the largest energy trading partner of the United States. Based on the latest annual data from the US Census Bureau, energy accounted for about 5 per cent of the value of all US exports to Canada and more than 19 per cent […]

US natural gas exports to Mexico continue to grow

US natural gas exports to Mexico continue to grow

Mexican imports of natural gas continue to outpace most projections US pipeline exports of natural gas continued to grow in 2016, and have doubled since 2009, according to the US Energy Information Administration. Almost all of this growth is attributable to increasing exports to Mexico, which have accounted for more than half of all US […]

By November 29, 2016 0 Comments Read More →