The pandemic of 2020 caused a significant downturn in the global market for refined oil products, leading to a drastic drop in crude oil demand and subsequent production cuts. However,…
The LTF Refinery Project is being developed on the island of Grand Bahama, 35 miles east of Freeport. The facility will be a low-complexity refinery designed to process imported Eagle…
The viability of the Grand Bahama-based refinery project is underpinned by several critical factors, including its strategic location, streamlined design, and the burgeoning availability of U.S. light-sweet crude exports. Situated…
The Project outlines a comprehensive strategy for sourcing crude oil from the U.S. Gulf Coast via non-U.S. flag VLCCs, utilizing crude oil export terminals in Corpus Christi, Texas. Lucayan has…
Over the past several years, the petroleum business sector has increasingly prioritized both its management and understanding of the impact of its carbon output on the changes in the global…
With a geographically advantageous location 50 miles off of the east coast of Florida, undeveloped coastal land with deep water access, and a sizable workforce, the island of Grand Bahama…