News
Oil rises as forecast drop in U.S. stockpiles beats demand woes
Oil rose amid estimates that U.S. crude inventories fell, tempering concerns that a drawn-out trade dispute between the world’s two largest economies is putting pressure on demand. Source: FuelFix
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Efforts to boost production capacity at Magnolia LNG take step forward
Efforts by an Australian company to get permission to boost liquefied natural gas production capacity at its proposed Magnolia LNG export terminal in Louisiana have taken a step forward. Source: FuelFix
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JV to build $2.5 billion crude oil pipeline linking Cushing to Gulf Coast
A joint venture between Plains All American Pipeline LP and Phillips 66 is moving forward with plans to build a pipeline that will move crude oil from storage terminals in Oklahoma to Houston and Corpus...
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Report: Port of Corpus Christi to become top U.S. crude oil export hub
The Port of Corpus Christi is poised to eclipse the Port of Houston as the top U.S. crude oil export hub over the next 10 years, according to a new report from global energy research...
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