Shipping giant bets on oil boom with Houston facility
Anticipating significant growth in the oil and gas sector, Gulf Agency Company has broken ground on a 181,000-square-foot warehouse in north Houston to house a growing number of shipments and staff.
View ArticleEagle Ford Shale boosts growth at Texas ports
Port Corpus Christi used to be a crude importer but is transforming into an exporter thanks to the Eagle Ford Shale activity, with companies taking crude by barge from Corpus Christi to refineries in...
View ArticleGulf Coast diesel exports to rise as production hits 23-year high
A Bloomberg News survey shows diesel cargoes booked for export from the Gulf Coast to Europe is set to climb as production of distillate fuel oils in the region hit the highest level since at least...
View ArticleRising gas tide could lift Houston shipping
More liquefied natural gas tankers may set sail from the Houston area over the next few years, as several factors combine to make the region a more attractive source of natural gas to meet rising Asian...
View ArticleShipping concerns attract diverse countries to Houston conference
Diplomats from Korea, Norway and Brazil gathered in Houston this week as they made plans to promote their interconnected shipping industries -- mostly devoted to moving energy -- at the third annual...
View ArticleShell, GE to build nation’s first LNG fueling stations for cargo ships
Royal Dutch Shell Plc, General Electric Co. and a company co-founded by T. Boone Pickens are planning investments in natural-gas-powered shipping as record U.S. output spurs the merchant fleet to use a...
View ArticleEnergy pushes Texas exports to highest value ever
HOUSTON — Fueled by the rapid expansion of the oil and gas industry, Texas exports reached their highest value in history in 2013, jumping 5.6 percent over the previous year, according to new federal...
View ArticleGuest Commentary: Anticipating the risks of oil and gas trucking
More shippers are exploring trucking as a way to move their products to diverse markets, but risk of spills are high.
View ArticleShipping can thank OPEC policy for $29 Billion in savings
Tanker owners’ earnings from hauling one-time, or spot, cargoes surged by almost 25 percent since the start of January even as oil companies and traders paid less to hire the vessels.
View ArticleRailroads warn they will miss deadline for safety system, stopping cargo in...
The consequences could be steep for the oil and gas industry, which increasingly turned to rail during a domestic drilling boom to move crude and refined petroleum products across North America.
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