Calgary-based Veresen Inc. says its Jordan Cove project is now estimated to cost about US$10 billion to build

Calgary-based Veresen Inc. says its Jordan Cove project is now estimated to cost about US$10 billion to build

Canadian firm applies to build $10-billion Jordan Cove LNG project in Oregon

CALGARY - The Canadian company whose proposal to build an LNG export terminal in Oregon was derailed by regulators last year has resubmitted its...

Source: FB-RSS feed for BOE Report

EIA now publishes estimates of monthly rail shipments of petroleum coke and asphalt

To document industry changes and improve data series on petroleum product shipments, EIA’s most recent "Petroleum Supply Monthly" includes new information on petroleum coke and asphalt movements by rail within the United States and to and from Canada. Similar to EIA’s petroleum and biofuel rail movement data, the new monthly data include rail movements dating back to January 2010.

Source: EIA: Today in Energy

Changing quality mix is affecting crude oil price differentials and refining decisions

Growth in global liquid fuels supply since March 2017 has been driven by increases in the production of historically higher-priced light crude oils. This growth has more than offset recent declines in the production of medium and heavy crude oils. As these production trends continue, price differences between certain crude oils are narrowing, and refinery operation decisions are changing.

Source: EIA: Today in Energy