Crude oil exports from the US Gulf Coast are set to hit an all-time high of 3.3 million bopd in the second quarter of 2022, as refining capacity outages limit operators’ ability to meet demand and the US government’s Strategic Petroleum Reserve (SPR) release boosts supply, Rystad Energy research said in a note yesterday.
In March, the Biden Administration announced a plan to release (sell) 90 million barrels of oil between May and August through two notices of sale totaling 70 million barrels and 20 million barrels
Ten companies seeking supply outside of Aus as industry left "decimated"
Gorgon, Wheatstone hit record shipments
Tamboran ramping up Top End work
The future of frontline operations
Tamboran ramping up Top End work
The future of frontline operations
