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The Trump administration approved the construction of petroleum export ports.
The Trump administration has reportedly approved the construction project of the Texas oil export terminal "Texas GulfLink Deepwater Port." It is said to be capable of shipping 1 million barrels per day. This project was first applied for in 2019 and was awaiting final approval from the U.S. Maritime Administration. <1605> INPEX <1662> Oil and Gas Development <5008> Toa Oil <5009> Fuji Kosen <5017>
Spotlight on Canada's oil sands
[Energy] Among the top four Canadian oil sand companies by market capitalization, their stock prices have risen an average of 37% in the past 12 months, surpassing the stock indicator of the US energy giant by 19 points. The advantage of oil sands is that, although initial costs are high, they can continue to produce petroleum at a stable pace for decades. Shale is the opposite, releasing a large amount of petroleum at first like shaking a bottle of carbonated drink, but the momentum quickly fades away. <1605> INPEX
DJ Symbol for Toa Oil Co. Ltd. (5008.TO) Now 5019.TO