In The News

Thursday, 04/13/2023

April 13, 2023 – Oil Price

Asia Spot LNG Prices Hit 21-Month Low

By Tsvetana Paraskova

So far in April, more than 75% of the U.S. LNG cargoes have headed to Europe, according to energy data analysts at RBN Energy.

“Exports to Europe remain at ultra-peak levels,” RBN Energy noted.

Historically, the U.S. exports more LNG to Latin America in the spring as the southern hemisphere prepares for peak winter demand, while Europe and Asia have just seen winter end.

“Last spring and summer, U.S. LNG exports to Latin America did rise...

Wednesday, 04/05/2023

April 5, 2023 – Natural Gas Intelligence

Blackfin Looking to Debottleneck Katy Hub as More Permian Natural Gas Flows East

By Jeremiah Shelor

A proposed Texas intrastate extension of the Matterhorn Express Pipeline could help preserve stronger pricing at the Katy and Houston Ship Channel benchmarks as more natural gas volumes flow from the Permian Basin, according to analysts.…

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Friday, 03/31/2023

March 31, 2023 – Bloomberg

Fuel-Tanker Demand Is Booming as Asia, Middle East Refine More Oil

By Chunzi Xu and Alex Longley

The center of gravity in the global oil-refining complex is shifting sharply eastward — and that’s spurring a boom in the business of building ships to haul fuel around the globe…

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Wednesday, 03/29/2023

March 29, 2023 – Energy Intelligence

Houston In Focus as Corpus Christi Lines Fill

By Frans Koster

Developments in Houston will attract more barrels there as well. Exxon Mobil’s 250,000 b/d expansion to its nearby Beaumont, Texas facility is designed to process light crude such as that produced in the Permian and is currently ramping up.

RBN Energy’s Housley Carr noted that an extension of the Wink-to-Webster pipeline to Beaumont comes into service later this year, a development that “will further support volumes moving...