Related Articles
Forward article link
Share PDF with colleagues

America's export machine cranks up

Shipments of oil and gas hit new highs in 2016. As drilling picks up and new infrastructure is built, 2017 could be another record breaker

Oil tankers and liquefied natural gas carriers are not a new site in ports along the US' Gulf Coast, long a vital hub in the global energy trade. But the direction of traffic is new. Those ships now often leave US shores laden with American crude, fuel, liquefied natural gas and natural gas liquids. US energy is making its way to all corners of the globe, disrupting long-established trade routes. One morning in late March, for instance, saw the Gallina and Valencia Knutsen LNG tankers—both members of Shell's fleet—filling up at Cheniere Energy's Sabine Pass export facility in Louisiana, ready to ferry more super-chilled US shale gas to consumers in Europe and Asia. At the same time, just up

Also in this section
Latest licensing rounds
25 July 2017
The industry's most comprehensive list of current and recent rounds for onshore and offshore licenses
Greece's time for another look
19 July 2017
The country's offshore has been ignored for years, but discoveries in surrounding regions have piqued interest
India touts its upstream, again
17 July 2017
New database is latest initiative to encourage investors