Tag: crude

Enterprise Products Partners L.P. announced that it is planning to develop an offshore crude oil export terminal off the Texas Gulf Coast.

According to the EIA (Energy Information Administration), crude oil and petroleum exports in the US have reached record levels in the first half of 2017.

Oryx Midstream Services has announced it will build a 220-mile crude pipeline system in the Permian Basin that will run from New Mexico to Midland.

Mexico's Pemex has begun selling heavy Maya crude for the first time since 2008 to US West Coast refiners. Pemex will also market more light Isthmus crude this year to the US West Coast, most, if not all destined for California.

Mexico will auction 14 contracts for licenses to explore and extract hydrocarbons from onshore areas as part of the third phase of its Round Two oil tender, the national oil regulator CNH recently announced.

Mexico's Grupo IDESA, along with its Canadian partner, expects to start extracting barrels of crude from the Tecolutla field within months of signing a contract with Mexico's oil regulator, IDESA's chief executive officer said on Friday.

It has been announced that AS-Schneider will be presenting its broad range of products and services at the Offshore Technology Conference (OTC) in Houston, Texas (May 4 to 7, 2015). The family-owned company based in Nordheim, Germany, is one of the world’s leading manufacturers of Instrumentation Valves, Manifolds and Accessories.

Recently, environmentalists have been urging oil companies to reduce volatile gasses in Bakken crude. Oil train shipments from the Bakken have skyrocketed in recent years, which have heightened the worries.

The American Petroleum Institute (API) has reported that during a recent house energy hearing, lawmakers were considering more ways to move toward lifting US trade restrictions on crude oil this year. “The US energy revolution has transformed the global landscape, creating countless economic opportunities for American workers and consumers,” said API Executive Vice President for Government Affairs Louis Finkel.

Enterprise Products Partners (Enterprise) and Enbridge Inc have announced plans to design, construct and operate a new pipeline to transport crude oil to the Texas Gulf Coast.