mark

Baltimore Fuel Suppliers Face Logistical Challenges After Bridge Collapse

  NEW YORK, March 27 (Reuters) – Fuel suppliers in Baltimore will face some trucking delays and other minor logistical issues after the collapse of a major bridge earlier this week shut the city’s port indefinitely, market participants said on Wednesday. A cargo ship smashed into the Francis Scott Key Bridge on Tuesday, causing parts of …

Baltimore Fuel Suppliers Face Logistical Challenges After Bridge Collapse Read More »

Canadian Oil Flows to L.A. as Trans Mountain Pipeline Start Nears

Canadian crude shipments to Los Angeles are surging, a possible preview of how an expanded pipeline that’s nearing startup may redraw flows along the Pacific Coast. Three tankers carrying a total of 1.74 million barrels have sailed from Vancouver to the biggest U.S. West Coast city in March, the most in at least four years, according …

Canadian Oil Flows to L.A. as Trans Mountain Pipeline Start Nears Read More »

Hess Board Recommends Shareholders Vote in Favor of Chevron Merger -Filing

Hess Corp on Thursday said in a securities filing that its board unanimously recommended shareholders vote in favor of the company’s sale to Chevron Corp, and that Exxon Mobil had initially supported the deal. The $53 billion deal’s closing has been delayed by a second request for information by the U.S. Federal Trade Commission and by contract arbitration …

Hess Board Recommends Shareholders Vote in Favor of Chevron Merger -Filing Read More »