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August 12, 2024
The United Kingdom Maritime Trade Operations agency (UKMTO), said Tuesday, that a ship's crew reported an explosion 63 nautical mile southwest of Yemen's Hodeidah. In a note of advice, the agency stated that the vessel and crew were safe and that the ship was proceeding to the next port.
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August 6, 2024
On Tuesday, the Canada Energy Regulator announced that the final oral argument for the Trans Mountain pipeline expansion will begin on May 14, 2025. Trans Mountain Pipeline expansion (TMX), years behind schedule, and more than fourfold the initial cost.
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August 2, 2024
New Fortress Energy, a U.S.-based energy company, plans to ship the first LNG cargo to a Mexican port this month. The gas will be used to generate electricity. After long delays, the LNG plant located at Altamira off Mexico's Atlantic Coast…
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July 31, 2024
The Energy Information Administration reported on Wednesday that U.S. crude and gasoline inventories dropped sharply during the past week due to strong export demand. The EIA reported that crude stocks fell by 3.4 millions barrels to 433,000…
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July 29, 2024
According to data released by the company late on Friday, crude oil exports of Mexico's energy state Pemex dropped 37% from June to June last year. Production of liquid hydrocarbons also continued to fall, reaching its lowest level this year. Pemex released its monthly statistics on Friday.
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July 26, 2024
M exico wants to import more motor oil than originally planned for the next year to compensate for delays with its new Olmeca refining plant, according to a half dozen traders, marking a U-turn from state energy company Pemex. The purchases…
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July 25, 2024
According to data provided by financial firm LSEG, and a filing made with Texas environmental regulators, the U.S. liquefied gas (LNG), company Freeport LNG is on track to resume service Thursday following a shutdown on Wednesday. Freeport is one the most watched U.S.
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July 23, 2024
Hans Grundberg, the U.N.'s Special Envoy for Yemen, told the U.N. Security Council that recent developments in the Red Sea suggest the threat of international shipping by Yemen's Houthis has grown. Grundberg, in a briefing about the situation…
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July 23, 2024
Freeport LNG, the second-largest liquefied gas exporter in the United States, has resumed shipments following a shutdown of operations due to Hurricane Beryl. The processing is on track to reach half its capacity by Monday, according preliminary LSEG figures.
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July 23, 2024
According to preliminary LSEG information, the U.S.’s second largest liquefied gas exporter, Freeport LNG, has resumed shipments following a shutdown of operations in advance of Hurricane Beryl. The processing is on track to reach half its capacity by Monday.
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July 23, 2024
Shipping data from LSEG & Kpler revealed that a tanker involved in a collision last week near Singapore entered the Bertam floating oil storage terminal area on Monday morning, after being intercepted on Sunday by local authorities. On Friday…
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July 23, 2024
Shipping tracking data revealed that in June, about 150,000 barrels of Canadian crude per day (bpd), slightly less than the average, were exported to the U.S. Gulf Coast. This was despite the Trans Mountain Pipeline (TMX) expansion, which pushed some barrels towards Vancouver.
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July 23, 2024
Shipping data released on Thursday shows that the number of LNG tankers awaiting loading at Freeport LNG, Texas, has increased since last week when the U.S.'s second largest LNG exporter halted its processing in anticipation of Hurricane Beryl. Beryl hit Texas on July 8, near Matagorda.
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July 23, 2024
Shipping data released on Thursday shows that the number of LNG tankers waiting at Freeport LNG, Texas, has increased since last week when the U.S.'s second largest LNG exporter halted its processing in preparation for Hurricane Beryl. Beryl hit Texas on July 8, near Matagorda.
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July 23, 2024
On Thursday morning, the mayor of Novorossiisk in Russia's Black Sea port issued a sea-drone alert that lasted more than two full hours. Meanwhile, a group unmanned Ukrainian boats were destroyed near Crimea. In his first message sent via Telegram…
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July 15, 2024
Ship tracking data revealed on Monday that a Chevron chartered oil tanker, seized by Iran over a year earlier, has anchored near the United Arab Emirates Port of Khor Fakkan. In April 2023, the Iranian military boarded the Marshall Islands-flagged…
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July 10, 2024
Union Pacific announced on Tuesday that it had mostly resumed its operations in Texas, which were impacted by Hurricane Beryl. However, the company expects some interruptions until commercial power and road access are fully restored. Hurricane Harvey slammed the coastal town of Matagorda…
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July 5, 2024
Chicago Board of Trade Wheat Futures spiked Friday due to an increase in demand for U.S. Wheat, thanks to a lower dollar and availability of desirable new crop wheat. Concerns about the U.S. crop being affected by hot, dry weather during its…
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July 5, 2024
Chicago Board of Trade Wheat Futures spiked Friday due to an increase in demand for U.S. Wheat, traders reported. This was due to the weaker dollar as well as the availability of new-crop wheat. Concerns about the U.S. crop being affected by…
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July 3, 2024
Port of Brownsville along the U.S./Mexico border announced on Wednesday it would restrict ship traffic because of hurricane Beryl's gale-force winds. Beryl is a Category 4-hurricane heading towards the Gulf. Michael Davis, the Harbor Master of Port Brownsville…