oil exports News

Glass Maker Seeks to Seize Venezuela-Owned Oil Tanker to Collect Award

NEW YORK/MEXICO CITY — U.S. glass manufacturer O-I Glass Inc is seeking to seize an oil tanker owned by Venezuela to collect part of a $500 million arbitration award it won after the 2010 expropriation of two manufacturing plants, according …

Houston Channel Importance Swelled as Oil, Gas Exports Rose

About the photo: A ship is docked on the Houston Ship Channel, part of the Port of Houston. Photographer: Loren Elliott/AFP/Getty Images On a normal day, 42 tankers, 19 freighters, 391 barges, 128 ferries and 2 cruise ships will move …