U.S.
Iron Mesa safely enters next phase of construction
Projects like Iron Mesa help ensure that raw natural gas can be safely processed into usable products, supporting energy demand while strengthening Phillips 66’s long-term Midstream network.
Oil tankers steer clear of Hormuz ahead of U.S. blockade
The move followed the collapse of weekend talks between Washington and Tehran, prompting President Donald Trumpto say on Sunday the U.S. Navy would enforce a blockade targeting vessels entering and leaving Iranian ports, even as Washington stressed it would not restrict transit through the strait itself.
Trump's shipping waiver does not boost oil flows within U.S.; fuel exports soar
Last month, Trump waived Jones Act limitations for 60 days starting March 17, hoping the move would help tame the surge in fuel prices caused by the Iran war by increasing shipments from the U.S. Gulf Coast to other coastal markets in the country.
U.S. naphtha exports surge to record high on Japanese, Venezuelan buying
Crude oil
/ Economics
/ Naphtha
/ Petrochemicals
/ Products
/ U.S.
/ Central America
/ South America
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Construction Boxscore: Project Spotlight
Project:
Long Son Petrochemicals Complex
Location:
Long Son, Vietnam
Operator:
Siam Cement Group
Cost:
$5.4 B
Capacity:
1.65 MMtpy
Completion date:
2023
Status:
Under Construction
