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World Oil Transit Chokepoints #OilmanNEWS Midstream 

World Oil Transit Chokepoints

The U.S. Energy Information Administration (EIA) defines world oil chokepoints as narrow channels along widely used global sea routes, some so narrow that restrictions are placed on the size of the vessel that can navigate through them. Chokepoints are a critical part of global energy security because of the high volume of petroleum and other liquids transported through their narrow... Read More
CB&I Awarded Storage Tank Contract by Venture Global LNG #OilmanNEWS 2017 September-October Louisiana Midstream 

CB&I Awarded Storage Tank Contract by Venture Global LNG

CB&I has been awarded a contract valued at nearly $200 million by Venture Global LNG, a U.S. based liquefied natural gas (LNG) export company, for the engineering, procurement and construction of two LNG storage tanks for the company’s Calcasieu Pass export facility located in Southwest Louisiana. Venture Global’s Calcasieu Pass is expected to produce 10.0 million tonnes per annum (MTPA) of... Read More
BCCK Holding Company Appoints Tony Canfield as Vice President of Engineering #OilmanNEWS 2017 September-October Midstream 

BCCK Holding Company Appoints Tony Canfield as Vice President of Engineering

BCCK Holding Company (BCCK), a leader in engineering, procurement, fabrication and field construction services, has appointed Tony Canfield as vice president of engineering to support company growth in the process and mechanical engineering fields. Canfield will be based in Midland, Texas, and joins BCCK from DCP Midstream, where he served as project engineering manager in the Midland area. With 36... Read More
China on pace to pass U.S. for World’s biggest oil importer by 2017… US is becoming more “North American-centric”. Louisiana Midstream Texas Upstream 

China on pace to pass U.S. for World’s biggest oil importer by 2017… US is becoming more “North American-centric”.

According to a report released this week by Wood Mackenzie, China and the U.S. are heading in opposite directions for crude oil imports.  If the trends continue, China will be the world’s largest importer of oil by 2017.  This shift has been driven by two things.. 1) More Chinese consumption (notably the increase in automobiles on the roads.. from 20... Read More