LOOP completes first VLCC <b>crude oil</b> loading operation

NEW ORLEANS — LOOP LLC has successfully completed the first very large crude carrier (VLCC) crude oil loading operation at its Deepwater Port, 18 mi offshore of Port Fourchon, La. LOOP is the only U.S. Port capable of fully loading a VLCC, which helps optimize America’s energy supply chain by …

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Nigeria: New Threat As US, Others Set to Abandon Nigeria’s <b>Oil</b>

There are indications that the United States and other nations will soon abandon Nigeria’s oil, which may negatively affect the nation’s revenue generation. According to the Energy Information Administration (EIA), the US may drastically reduce its import of crude oil from Nigeria by 2022, going by its …

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