Saudi Arabia Tops U.S. Oil Import List

Wednesday, May 24, 2000
Saudi Arabia is far ahead of the pack as the top crude oil supplier to the U.S. market in March, the U.S. Energy Information Administration (EIA) said. Saudi Arabia exported 1.474 million bpd of crude to the U.S. in March, up 246,000 bpd from the month before and 107,000 bpd above last year's average, based on EIA data. Mexico jumped two spots to second place with oil exports of 1.246 million bpd, pushing Canada and Venezuela down to tie for third place with shipments of 1.209 million bpd each. Iraqi oil imports dropped by more than one-third in March to 468,000 bpd from 719,000 bpd the month before, while Nigerian oil imports soared 55 percent to 994,000 bpd from 642,000 bpd in February. Total U.S. crude oil imports were 8.661 million bpd in March, up 7 percent from 8.096 million bpd in February, the EIA said.
Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Study: An Arctic Oil Well Blowout Could Spread More Than 1,000km

Oil from a spill or oil well blowout in the Arctic waters of Canada's Beaufort Sea could easily become trapped in sea ice and potentially spread more than 1,000 kilometres to the west coast of Alaska,

Westermeerwind Wind Farm Construction Begins

Mammoet announced today that Westermeerwind BV has reached financial close on July 25 for the turnkey construction of the Westermeerwind wind farm in Ijsselmeer,

Gas Prices Help Offset Statoil's Output Drop

Statoil's second quarter 2014 net operating income was NOK 32 billion, a decrease of NOK 2.3 billion compared to the second quarter of 2013. Adjusted earnings were NOK 32.

Finance

Canal Project Slows Panama Economy Growth

Panama's economy expanded in May at its slowest pace since 2009 as major public works projects, including an expansion of the Panama Canal, slowed or wrapped up,

Gas Prices Help Offset Statoil's Output Drop

Statoil's second quarter 2014 net operating income was NOK 32 billion, a decrease of NOK 2.3 billion compared to the second quarter of 2013. Adjusted earnings were NOK 32.

Asia VLCC Rates Could Nudge Higher on Activity

Rates for very large crude carriers (VLCCs) on key Asian freight routes could hold steady or gain next week as charterers seek to complete their vessel chartering

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Pod Propulsion Port Authority Salvage Ship Electronics
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1304 sec (8 req/sec)