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More Canadian crude to Asia, more Mexican oil to Mexican refineries means more Colombian crude to US Gulf coast refiners. https://t.co/IM0vowouTa #energy #OOTT #oilandgas #WTI #CrudeOil #fintwit #OPEC #Commodities #commoditiesmarket https://t.co/8EXdJuq9F7
Latin American Oil Finds New Buyers as Canadian Pipeline Shifts Flows - Bloomberg Expanded Trans Mountain is sending more Canadian crude to Asia Valero, Pemex are turning to some Colombian grades of oil
Latin American Oil Finds New Buyers as Canadian Pipeline Shifts Flows Expanded Trans Mountain is sending more Canadian crude to Asia Valero, Pemex are turning to some Colombian grades of oil #oott https://t.co/Oh2ZmQ94iD
Singapore's Government Investment Corporation (GIC) and Australia's Macquarie Group are reportedly exploring the sale of their approximately 30% stake in Philippine Energy Development Corp. The potential transaction is valued at around $2 billion, according to sources. In a separate development, Squared has acquired the Philippines' largest oil import storage firm for $296 million. Meanwhile, Harbour Energy, a leading British North Sea producer, is seeking to divest stakes in its North Sea oilfields and is considering a U.S. listing. This move comes as the company, along with others in the sector, scales back investments ahead of anticipated tax increases on North Sea operations. The trend reflects a broader retreat among oil and gas companies in the region in response to changing fiscal policies.
