Tagged: Oil&Gas

LNG Cargo Tanker Ship

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…

ThompsonGas

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…

Frozen Pipeline

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…

Pipes for Keystone XL Pipeline, Keystone Pipeline

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…

Tank Transport