Generic Hero BannerGeneric Hero Banner
Latest Market News

Fog delays Houston area ports for fifth day

  • Spanish Market: Crude oil, LPG, Oil products, Petrochemicals
  • 05/02/19

Houston's winter fog season has created significant delays this week for vessels carrying crude, refined products and other commodities to and from Gulf coast-area facilities.

The Houston Ship Channel, a key waterway that refiners and petrochemical plants use to bring in feedstocks and ship out products, faced closures for the fifth consecutive day today.

There were 57 vessels waiting to enter the Houston Ship Channel as of 5:30pm ET today and 16 waiting to exit, according to a Houston Pilots Association dispatcher. With fog headed inland, it was unlikely that vessels would be able to move later in the day, the dispatcher said.

The October-March period that brings cooler weather to Houston also brings periods of dense fog that can close the Houston Ship Channel and other area ports for days at a time, as warmer humid Gulf air collides with colder onshore air masses.

Dense fog advisories in Houston and Galveston normally peak in the first half of February, according to National Weather Service data.

"February is kind of the worst month for us," said JJ Plunkett, port agent for the Houston Pilots Association, whose pilots help ferry vessels in and out of area ports.

But colder and drier weather is in the Houston-area forecast for 7 February, which could improve vessel movements dramatically, Plunkett said.

Houston Pilots suspended all vessel boarding operations starting at 2:02pm ET on 3 February, while Galveston Pilots suspended operations as of 12pm ET.

Vessels have been able to move in fits and starts over the last few days, alternating between inbound and outbound trips, Plunkett said.

The channel was closed for nine hours 1 February, according to shipping agency Moran Shipping, for just three and a half hours on 2 February and 90 minutes on 3 February. On 4 February the Ship Channel opened for several hours in the afternoon just for inbound traffic but has been closed since 6:25pm ET that day.

Though the record books are still open for 2019 it is unlikely that fog closures will top 2015, when they peaked at 680 total hours, Plunkett said.

Fog-related channel closure hours for Houston, Texas City and Galveston combined fell to 379 hours in 2016 and to 347 hours in 2017 before rising to 537 hours in 2018, according to a US Coast Guard report issued on 1 February.

A closure lasting over 72 hours straight can trigger concerns with refinery and other plant operators, Plunkett said. "At that point they start to get into a bind with their feedstocks or their product containment," he said.

Over 45pc of total US refining capacity is located along the US Gulf coast, according to the Energy Information Administration.

Farther east along the Gulf coast, the Sabine Pass waterway has been closed to large ships, including all LNG ships, since 2 February, and will reopen when the heavy fog lifts, the Sabine Pilots Association said. The fog likely impacted loadings at the Sabine Pass LNG export terminal, though facility owner Cheniere Energy declined to comment.

Five LNG ships are at or near Sabine Pass waiting to lift cargoes. Gas intake likely dropped when the five LNG storage tanks at Sabine Pass, which have capacity equivalent to about 17 Bcf of gas, became full.


Related news posts

Argus illuminates the markets by putting a lens on the areas that matter most to you. The market news and commentary we publish reveals vital insights that enable you to make stronger, well-informed decisions. Explore a selection of news stories related to this one.

21/01/25

Trump to declare energy 'emergency': Update 2

Trump to declare energy 'emergency': Update 2

Updates with details throughout Washington, 20 January (Argus) — President Donald Trump today signed an executive order declaring a "national energy emergency" and said he plans to impose 25pc tariffs on imports from Canada and Mexico on 1 February. Returning to the White House for a second term, Trump signed a series of executive orders on energy and trade that he said will restore "common sense" to US policy. His orders aim to expedite permitting of energy infrastructure, tackle inflation, roll back climate programs put in place under former president Joe Biden and pursue a "drill, baby, drill" energy policy. In declaring a national energy emergency, Trump's order contends the Biden administration left a "precariously inadequate and intermittent energy supply, and an increasingly unreliable grid" that required swift action. Trump also froze all federal regulations, placed a temporary hold on hiring non-military federal workers, rescinded 78 Biden executive actions and memoranda and began rolling back Biden's climate legacy. "I'm immediately withdrawing from the unfair, one-sided Paris climate accord rip-off," Trump said at a rally held after his second inaugural ceremony. Trump's declaration of an "energy emergency" could bolster the legal rationale for some of energy policies and plans to expedite permitting. Trump also said he plans to end the "Green New Deal" — a reference to climate programs enacted under Biden — and revoke an "electric vehicle mandate" he said is threatening the US auto manufacturing sector. Trump also vowed to begin an "overhaul" of the US trade system to protect domestic workers and reiterated his support for tariffs, which he sees as a way to raise government revenue and support domestic manufacturing. "Tariffs are going to make us rich as hell," Trump said. They are "going to bring our country's businesses back that left us". While Trump is reiterating his threat to impose tariffs on Canada and Mexico, oil industry officials have warned such a move could disrupt the nearly 4mn b/d of crude the US imports from Canada. Trump stopped short of promised to erect tariffs on all US imports, saying: "We're not ready for that." On foreign policy, Trump said the US would "reclaim its rightful place" as the most powerful country in the world and reiterated plans to rename the Gulf of Mexico as the Gulf of America. Trump also promised still-unspecified actions to take control of the US-built Panama Canal in response to what he says has been unfair treatment of US ships, a claim that Panamanian president Jose Raul Mulino has rejected. "We gave it to Panama, and we're taking it back," Trump said during his second inaugural address. Trump signed an order to ease drilling restrictions in the Arctic National Wildlife Refuge and the National Petroleum Reserve in Alaska, while also prioritizing the development of the proposed 20mn t/yr Alaska LNG export terminal. Trump also said he wants to refill the US Strategic Petroleum Reserve (SPR), which is at 55pc of its capacity with 394mn bl of crude in storage, "right to the top". Refilling the SPR would require the US Congress to appropriate $32bn at current prices, to offset the costs of canceling 100mn bl of upcoming mandatory crude sales and buying about 300mn bl of crude. Trump signed an order to rescind a series of climate-related orders Biden had issued, measures the new administration says places "undue burdens" on energy production. And he imposed a temporary moratorium on leasing acreage in federal waters for wind projects. "We're not going to do the wind thing," Trump said. That drew an outcry from offshore wind advocacy group Turn Forward, whose executive director Hillary Bright said an emergency should require unleashing "all necessary sources of American energy — including offshore wind". During his campaign, Trump promised to cut the price of energy by 50pc within 12 months of taking office. But with regular grade gasoline averaging close to $3/USG and Henry Hub natural gas prices less $4/mmBtu this month, such a dramatic cut in prices would be difficult to achieve without causing major disruptions to industry. Environmentalists and Democratic-led states are also preparing to file lawsuits challenging Trump's deregulatory actions, a strategy they used during his first term with mixed success. Trump was sworn in in a relatively small ceremony inside the US Capitol, after calling off a more traditional, outdoor inauguration because of temperatures that were hovering around 23° F. Among those in attendance was Telsa chief executive Elon Musk, who spent more than $250mn to help elect Trump and is chairing a cost-cutting advisory panel. After being sworn in, Trump formally nominated his cabinet members, leaving it up to the Republican-controlled US Senate to hold confirmation votes. Trump also named Republicans to lead 15 independent agencies. Trump named Mark Christie as chairman of the US Federal Energy Regulatory Commission; Mark Uyeda as acting chair of the US Securities and Exchange Commission; and Patrick Fuchs as chair of the US Surface Transportation Board. Caroline Pham became acting chairman of the US Commodity Futures Trading Commission through a vote of its members. By Chris Knight Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Trump to declare energy 'emergency': Update


21/01/25
21/01/25

Trump to declare energy 'emergency': Update

Updates with changes throughout Washington, 20 January (Argus) — President Donald Trump pledged today to declare a "national energy emergency" as one of the first acts of his second term in office and has signed a series of executive orders designed to bring down energy costs, including pulling the US out of the Paris climate agreement. The executive orders on energy, trade and other issues will restore "common sense" in US policy, Trump said during his second inaugural address, moments after being sworn in at the US Capitol. The executive orders and emergency declaration are intended to expedite permitting of energy infrastructure, tackle inflation, roll back climate programs put in place under former president Joe Biden and pursue what Trump says is a policy to "drill, baby, drill". Trump signed his first set of executive orders during a rally tonight with supporters and plans to sign more orders later tonight at the White House. The first executive orders will implement an "immediate regulation freeze", put a temporary hold on hiring workers and rescind 78 of Biden's executive actions and memoranda. Trump also signed a directive to federal agencies to take steps to reduce the cost-of-living, along with a separate order that will withdraw the US from the Paris climate accord for a second time. "I'm immediately withdrawing from the unfair, one-sided Paris climate accord rip-off," Trump said at a rally later in the day. "The United States will not sabotage their own industries while China pollutes with impunity." Trump's declaration of an "energy emergency" could bolster the legal rationale for some of energy policies and plans to expedite permitting. Trump also said he plans to end the "Green New Deal" — a reference to climate programs enacted under Biden — and revoke an "electric vehicle mandate" he said is threatening the US auto manufacturing sector. Trump also vowed to begin an "overhaul" of the US trade system to protect domestic workers and reiterated his support for tariffs, which he sees as a way to raise government revenue and support domestic manufacturing. "Tariffs are going to make us rich as hell," Trump said. They are "going to bring our country's businesses back that left us." But it remains unclear if Trump will move ahead with his threatened 25pc tariff against Canada that oil industry officials have said could disrupt the nearly 4mn b/d of crude the US imports from Canada. On foreign policy, Trump said the US would "reclaim its rightful place" as the most powerful country in the world and reiterated plans to rename the Gulf of Mexico as the Gulf of America. Trump also promised still-unspecified actions to take control of the US-built Panama Canal in response to what he says has been unfair treatment of US ships, a threat that Panamanian president Jose Raul Mulino has rejected . "We gave it to Panama, and we're taking it back," Trump said. Trump is expected to take action soon to restart licensing of US LNG export terminals and support drilling in the Arctic National Wildlife Refuge. Trump said he wants the US to take advantage of its vast oil and gas reserves, which he said would reduce energy prices and increase energy exports. Trump also said he wants to refill the US Strategic Petroleum Reserve (SPR), which is at 55pc of its capacity with 394mn bl of crude in storage, "right to the top". Refilling the SPR would require the US Congress to appropriate $32bn at current prices, to offset the costs of canceling 100mn bl of upcoming mandatory crude sales and buying about 300mn bl of crude. Trump has yet to specify which parts of Biden's climate legislation he will work to overturn, which also would require congressional action. But the White House said the administration would consider rescinding all federal rules that put "undue burdens" on energy producers and stop leasing federal land to wind farms. "We're not going to do the wind thing," Trump said. That drew an outcry from offshore wind advocacy group Turn Forward, whose executive director Hillary Bright said an emergency should require unleashing "all necessary sources of American energy — including offshore wind." During his campaign, Trump promised to cut the price of energy by 50pc within 12 months of taking office. But with regular grade gasoline averaging close to $3/USG and Henry Hub natural gas prices less $4/mmBtu this month, such a dramatic cut in prices would be difficult to achieve without causing major disruptions to industry. Environmentalists and Democratic-led states are also preparing to file lawsuits challenging Trump's deregulatory actions, a strategy they used during his first term with mixed success. Trump was sworn in in a relatively small ceremony inside the US Capitol, after calling off a more traditional, outdoor inauguration because of temperatures that were hovering around 23° F. Among those in attendance was Telsa chief executive Elon Musk, who spent more than $250mn to help elect Trump and is chairing a cost-cutting advisory panel. After being sworn in, Trump formally nominated his cabinet members, leaving it up to the Republican-controlled US Senate to hold confirmation votes. Trump also named Republicans to lead 15 independent agencies. Trump named Mark Christie as chairman of the US Federal Energy Regulatory Commission, Mark Uyeda as acting chair of the US Securities and Exchange Commission,and Patrick Fuchs as chair of the US Surface Transportation Board. Caroline Pham became acting chairman of the US Commodity Futures Trading Commission through a vote of its members. By Chris Knight Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Trump sworn in with vow to 'drill, baby, drill'


20/01/25
20/01/25

Trump sworn in with vow to 'drill, baby, drill'

Washington, 20 January (Argus) — President Donald Trump, within minutes of being sworn in for a second term in office, pledged today to declare a "national energy emergency" and sign executive orders to expand drilling, block electric vehicle regulations and end the climate policies of his predecessor. In his second inaugural address delivered inside the rotunda of the US Capitol, Trump vowed to put "America first" and make the US "greater, stronger and far more exceptional than ever before". Trump said he will sign a raft of executive orders to restore "common sense" in US policy, including a directive for his administration to "defeat" inflation by increasing drilling and rolling back climate-related policies. "The inflation crisis was caused by massive overspending and escalating energy prices, and that is why today I will also declare a national energy emergency," Trump said. "We will drill, baby, drill." It remains unclear if Trump will take action soon on his plan to pursue across-the-board import tariffs, or a threatened 25pc tariff against Canada that oil industry officials have said could disrupt the nearly 4mn b/d of crude the US imports from Canada. Trump said today he would immediately begin an "overhaul" of the US trade system to protect domestic workers and to start to "tariff and tax foreign countries to enrich our citizens". In an often-dark, bellicose address reminiscent of his "American carnage" speech eight years ago, the 47th president of the US promised to "reverse the horrible betrayal" and "give the people back their faith, their wealth, their democracy and, indeed ,their freedom. "From this moment on, America's decline is over," Trump declared. In foreign policy, Trump said the US would "reclaim its rightful place" as the most powerful country in the world and reiterated plans to rename the Gulf of Mexico as the Gulf of America. Trump also promised still-unspecified actions to take control of the US-built Panama Canal in response to what he says has been unfair treatment of US ships, a threat that president Jose Raul Mulino has rejected . "We gave it to Panama, and we're taking it back," Trump said. Trump's declaration of an "energy emergency" could bolster the legal rationale for some of energy policies and plans to expedite permitting. US interior secretary nominee Doug Burgum, at a confirmation hearing last week, said emergency action was needed because of a looming "crisis" with the electric grid that he said could result in higher prices and slowing the growth of artificial intelligence data centers. Trump is expected to take action soon to restart licensing of US LNG export terminals and support drilling in the Arctic National Wildlife Refuge (ANWR). Trump said he wanted the US to take advantage of its vast oil and gas reserves, which he said would reduce energy prices, increase energy exports and refill the US Strategic Petroleum Reserve, which now holds 394mn bl of crude and is at 55pc of its capacity, "right to the top". Trump also said he plans to end the "Green New Deal" — a reference to climate programs enacted under former president Joe Biden — and revoke a federal "electric vehicle mandate" he said is threatening the US auto manufacturing sector. Trump has yet to specify which parts of Biden's climate legislation he will overturn, but the White House said the administration intends to consider rescinding all federal regulations that impose "undue burdens" on energy production, end leasing of federal land to wind farms and roll back energy efficiency standards for consumer goods. The White House also said Trump will once again pull the US out of the Paris climate agreement. During his campaign, Trump promised he would cut the price of energy by 50pc within 12 months of taking office. But with regular grade gasoline averaging close to $3/USG and Henry Hub natural gas prices less $4/mmBtu this month, such a dramatic cut in prices would be difficult to achieve without causing major disruptions to industry. Environmentalists and Democratic-led states are also preparing to file lawsuits challenging Trump's deregulatory actions, a strategy they used during his first term with mixed success. Trump was sworn in in a relatively small ceremony inside the US Capitol, after calling off a more traditional, outdoor inauguration because of temperatures that were hovering around 23° F. Among those in attendance was Telsa chief executive Elon Musk, who spent more than $250mn to help elect Trump and is chairing a cost-cutting advisory panel, and other tech industry billionaires. Florida governor Ron Desantis (R). Indiana governor Mike Braun (R) and other top Republicans watched the inauguration remotely. Former president Joe Biden today issued pardons to former chairman of the joint chiefs of staff retired Gen. Mark Milley, key medical adviser during the Covid-19 pandemic Anthony Fauci, leaders of the committee that investigated Trump's actions leading up to the 6 January 2020 attack on the US Capitol, and members of his own family. Biden said those he pardoned did nothing wrong but worried they could face "baseless and politically motivated investigations". By Chris Knight Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Sharp increase in Italian Pome imports continue


20/01/25
20/01/25

Sharp increase in Italian Pome imports continue

Barcelona, 20 January (Argus) — An increase in Italian imports of palm oil mill effluent (Pome) continued in November, according to customs data. The rise came ahead of any impact from Indonesia's decision to suspend export permits for Pome and used cooking oil (UCO). Italian Pome imports under the 15220099 import code rose to 205,000t in January-November from 65,000t on the year. There is some lack of clarity on whether imports have increased or suppliers have improved adherence to import codes. November imports more than doubled on the year to over 12,000t (see chart) . According to Kpler data, cargoes of Pome — from Indonesia and Malaysia — continued to arrive in December and January at Italian ports that are home to hydrotreated vegetable oil (HVO) production. Italian HVO output was reduced in the second half of the year by margins described as the worst on record . This appears to have encouraged Eni and other regional producers to undertake some planned works and trim throughput. Kpler data show five seaborne cargoes totalling 30,000t leaving integrated Eni's 650,000 t/yr Gela HVO unit in October-December. This compares with around 90,000t shipped in the second quarter, 85,000t in the second and 70,000t in the first. Italian imports of palm oil continued to fall, with 915,000t imported in January-November, down by 16pc on the year, and the lowest in eight years. Industrial-use palm oil fell by 30pc year on year to 510,000t. Given previous Argus tracking, Kpler, shipping and port data it is highly likely that part of this decline in industrial palm oil is actually the correct coding of Pome. While Pome imports increased, deliveries of fatty acid distillates (Pfad) were lower by 24pc on the year to just under 510,000t in January-November. Some mislabelling of Pome as Pfad may also occur. Italian imports of UCO fell to 55,000t in the first 11 months of last year from 80,000t on the year. There may also be some mislabelling in this market. With Italy using significant volumes of Pome in biofuels production there may be some uncertainty over the impact of recent proposed changes in export permit allowances by Indonesia. This could support alternative feedstock procurement. Eni said previously it was aiming for 100,000t of alternative feedstock supply from its own initiatives last year. Italy's total castor oil imports were 20,000t in January-November of which 6,500t came from Eni's cultivation in Kenya. None arrived in November. Cottonseed oils from Kenya were lower at 5,000t in January-November, with no arrivals since August. Eni has said it plans alternative feedstock cultivation in several other African, Asia-Pacific countries and Italy, but production volumes remain opaque. By Adam Porter Italy biofuels feedstock 000t Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Canada's Trans Mountain investigating capacity increase


17/01/25
17/01/25

Canada's Trans Mountain investigating capacity increase

Calgary, 17 January (Argus) — The operator behind Trans Mountain's 890,000 b/d pipeline system in western Canada is looking into increasing its capacity as export congestion looms, while threatened US tariffs may prompt the country to re-examine its broader pipeline strategy. "We have started to identify and investigate opportunities that could improve the throughput efficiency of the system and increase capacity of the pipeline — ideally in the next four to five years," Trans Mountain told Argus on Friday. Federally-owned Trans Mountain would not say how much of an increase it was contemplating, but any plans would be subject to thorough regulatory reviews and approval before proceeding. The system connects producers in oil-rich Alberta to the docks at Burnaby, British Columbia, and its capacity was roughly tripled when the 590,000 b/d Trans Mountain Expansion (TMX) was placed into service in May 2024. The increased system has been a popular outlet for shippers, both for selling to US West coast refiners, but also for producers looking to bypass the US altogether and target Asian countries. Trans Mountain is expected to be full by 2028, chief executive Mark Maki told a parliamentary committee in October , as are other lines which have operators like Enbridge also looking to up egress capacity. The laying of new pipe may not necessarily be a big part of these increases as both are looking at making their systems more efficient. TMX is expected to cost about C$34bn ($24bn) after enduring regulatory delays, political and environmental resistance, court orders, wildfires, floods, Covid-19 measures, and rising labor costs caused by competing pipelines since being proposed in 2013. Other proposed export pipelines like Enbridge's 525,000 b/d Northern Gateway and TC Energy's 1.1mn b/d Energy East did not get past the approval stage under a federal Liberal government. Alberta premier Danielle Smith on 16 January called on Canada to "immediately start construction on the Northern Gateway and Energy East pipelines" to decrease the country's reliance on US customers in the wake of threatened tariffs by president-elect Donald Trump. Prime minister Justin Trudeau and all Canadian premiers, except Smith, have not ruled out the use of Canada's energy — most of which comes from Alberta — in retaliation to US tariffs. Smith has been labeled by some as not being part of a unified front for Canada, but she questions where the "Team Canada" approach has been in the past, citing suffocating regulations for the energy industry and decades of transfer payments made to Quebec, Ontario and the Maritime provinces at the expense of Alberta taxpayers. There is precedent for Smith's concerns, referencing a clash between Alberta and prime minister Pierre Trudeau, Justin's father, in 1973 when a federal tax was imposed on Canadian oil exported to the US amid the Arab oil embargo. Conflict peaked again in the early 1980s when the Trudeau government introduced its National Energy Program, which included price controls on domestic oil. By Brett Holmes Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Generic Hero Banner

Business intelligence reports

Get concise, trustworthy and unbiased analysis of the latest trends and developments in oil and energy markets. These reports are specially created for decision makers who don’t have time to track markets day-by-day, minute-by-minute.

Learn more