Tag: oil

Colombia’s Give and Take with the US

Colombian crude oil exports last year were at the slowest pace on our records, although the export of new grades has helped temper a stronger decline. Last year, the South American country began exporting its heavy Acordionero and heavy sour

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Awaiting the Coronavirus Impact

The Coronavirus is causing all manner of concerns across the world, claiming over 1,000 lives amid fears of a global economic slowdown. Nonetheless, we are yet to see an impact on oil flows heading to East Asia. In January, Chinese

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January 2020 Review of Global LNG Flows

Global exports of liquefied natural gas in January totaled approximately 34.3 million tons on board 547 vessels, considerably higher than January 2019’s pace of 30.9 million tons. Approximately 33.7 million tons arrived on 543 vessels at import terminals in January,

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A Small Country Playing a Big Role

Ecuador, who recently pulled out of OPEC, is playing a key role in the downstream sector on the U.S. west coast, as rising exports to the region make it one of the area’s main crude suppliers. Last year, Ecuador’s crude

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GeopoliticOIL

Oil supermajor BP decided not to renew its five-year service contract for the Kirkuk field, which expired at the end of last year. The Iraqis are saying the withdrawal was driven by disappointing technical results, but the security situation must

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GeopoliticOIL

Heavy fighting on the outskirts of the capital Tripoli and around the commercial hub of Misrata signal that the conflict in Libya – and interruptions to the flow of oil – is going to be extended.

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Domestic East

Strong US crude oil production in 2019, heightened pipeline deliveries from Canada and lower refinery runs pushed US Gulf Coast oil imports lower, falling 35% from 2018.

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December Review of Global LNG Flows

LNG Market Analysis   Global exports of liquefied natural gas in December totaled approximately 33.7 million tons on board 550 vessels, considerably higher than December 2018’s pace of 31.3mn tons. Approximately 34.1mn tons arrived on 550 vessels at import terminals

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