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Showing research about Energy - Conventional

20190429-neste-venezuela

Neste Supply Chain Situation Fluid as Venezuela Sanctions Bite

The widening impact of U.S. sanctions against Venezuela has led to lower-than-expected profitability at Neste. The European refiner has a joint venture with Venezuela’s PdVSA which has faced tighter import rules since January. Neste CEO Peter Vanacker has stated the firm is “trying... Read more →

20190426-lng-prices

Jones Act Waiver Could Cut Pressure On New England Gas Markets

The Trump administration may grant a waiver from Jones Act shipping rules for liquefied natural gas tankers. By restricting intra-U.S. LNG shipments to U.S.-owned the Act may be leading to worse-than-necessary bottlenecks in winter gas supplies to the U.S. Northeast. While the U.S. has become ... Read more →

20190424-hormuz-lng

Marathon Faces Race for Replacement Oil if Hormuz Straits Close

The Iranian National Guard has threatened to close the Straits of Hormuz in response to the U.S. removal of waivers for exports for Iranian crude oil. The U.S. military has indicated that it may respond, raising risks for hydrocarbon trade running through the Straits. U.S. exporters of LNG inc... Read more →

20190411-mexico-gas-total-150x150

Kinder Morgan To Boost Flow As Mexican Gas Demand Blows Up

Kinder Morgan has received approval to enhance its natural gas export facilities for trade with Mexico, with initial flows set for 2020. While the Mexican government has been seeking to reduce its energy import dependence there has been a marked surge in demand for natural gas. Imports by pipe... Read more →

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