News
US LNG exports break record high as Middle East war disrupts global supply
1+ day, 4+ hour ago (297+ words) U.S. IS THE WORLD'S LARGEST LNG EXPORTER The U.S. is the world's largest LNG exporter, and its commercial model relies on destination-flexible cargoes that buyers " many with long-term contracts and locked-in supply " can redirect to any market. Most producers, however, don't have…...
Iranian missile hit oil tanker in Qatari waters, Qatar says
1+ day, 20+ hour ago (152+ words) March 31, 202611:04 PM Reuters0 Comments Qatar was targeted by three cruise missiles coming from Iran, two were intercepted while the third hit the Aqua 1 fuel oil tanker, but caused no casualties. The vessel, located 17 nautical miles (31 km) north of Qatar's Ras Laffan…...
Kuwait says an oil tanker hit in Iranian attack at Dubai port, warns of possible oil spill
3+ day, 2+ hour ago (119+ words) Kuwait says an oil tanker hit in Iranian attack at Dubai port, warns of possible oil spill'BOE Report Kuwait Petroleum Corporation said a giant Kuwaiti crude oil tanker, Al Salmi, was directly targeted in what it described as an Iranian…...
South Bow gauging shipper interest in new Alberta-to-U. S. pipeline project
4+ week, 3+ hour ago (384+ words) March 5, 20264:24 PM The Canadian Press0 Comments CALGARY " Oil pipeline operator South Bow Corp. says it is gauging customer interest in a new project to ship Alberta crude to multiple U.S. destinations. The Calgary-based company says it has begun soliciting binding commitments for…...
Trump’s Hormuz shipping plan is too little, too late in race to avert energy shock: Bousso
4+ week, 1+ day ago (857+ words) March 4, 20265:18 AM Reuters0 Comments Even if successful, it will likely offer only limited relief as time quickly runs out to avert the worst global economic fallout from the closure of this vital energy artery. Trump said on Tuesday he had ordered…...
Why is Australian LNG landing in eastern Canada?
1+ mon, 5+ day ago (303+ words) February 25, 202610:50 AM BOE Report Staff Bloomberg reported this week that a cargo of liquefied natural gas has been shipped from Australia to eastern Canada, a voyage of roughly 16,000 miles. On its face, the shipment reflects the increasingly flexible nature of…...
US crude stocks and gasoline inventories rise, distillate inventories fall, EIA
1+ mon, 2+ week ago (188+ words) HOUSTON, Feb 11 " U.S. crude stocks and gasoline inventories rose while distillate inventories fell last week, the Energy Information Administration said on Wednesday. Crude inventories rose by 8.5 million barrels to 428.8 million barrels in the week ended February 6, the EIA said, compared with…...
Why routine oil tanker traffic draws little concern in Eastern and Atlantic Canada
2+ mon, 9+ hour ago (752+ words) February 2, 202610:07 AM Canadian Energy Centre "In Canada, shipping is much safer than your morning commute driving in a vehicle" "on February 1, 2026, 11:52 pm MST A steady stream of more than 450 oil tankers calls at ports in Eastern and Atlantic Canada every…...
US crude stocks and gasoline inventories rise, distillate stocks fall, EIA says
2+ mon, 2+ week ago (173+ words) January 14, 20268:35 AM Reuters0 Comments Crude stocks rose by 3.4 million barrels to 422.4 million barrels in the week ended January 9, the EIA said, compared with analysts" expectations in a Reuters poll for a 1.7 million-barrel draw. Crude stocks at the Cushing, Oklahoma, delivery hub…...
US crude stocks fall, gasoline and distillate inventories rise, EIA says
2+ mon, 3+ week ago (170+ words) January 7, 20268:44 AM Reuters0 Comments Crude inventories fell by 3.8 million barrels to 419.1 million barrels in the week ended January 2, the EIA said, compared with analysts" expectations in a Reuters poll for a 447,000-barrel rise. Crude stocks at the Cushing, Oklahoma, delivery hub…...