Tagged: Oil&Gas

Oil and Gas Industry News Archives

Tank Transport Trader presents the latest news on Oil and Gas, oil industry and rig reports, oil-field info, fracking and environmental impacts – and more news for the transportation & liquid dry-bulk industry –

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Glut Causing Uncertainty For LNG

U.S. liquefied natural gas (LNG) exporters could see cargo cancellations return this summer if the current supply glut cannot be alleviated by then, analysts said recently. According to IHS Markit, 2020 saw an estimated global…

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Refinery Closings Increasing

Permanent refining capacity closures expected for 2020-2021 have risen to about 1.7 million barrels per day (bpd) as the COVID-19 pandemic hammers demand for oil products, according to the International Energy Agency (IEA). About a…

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ThompsonGas Expands Holdings

ThompsonGas, based in Frederick, Md., has acquired All Service Propane, a propane provider based in Anderson, Calif, in the northern region of the state. “We are pleased to announce that we have added All Service…

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Cold Snap Roiled Gas Market

The February cold snap that pushed liquefied natural gas (LNG) prices to record highs is also roiling liquid petroleum gas (LPG), leading to shortages of the gas that’s used for heating and cooking as well…

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Biden Revokes Keystone Pipeline

The Biden Administration has revoked a key permit for the proposed Keystone XL pipeline, the second time a Democratic administration has scuttled the $8 billion project in less than a decade. President Biden’s action was…

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