Head of Top US Oil-Export Port Resigns Abruptly
HOUSTON, May 16 (Reuters) — Sean Strawbridge, chief executive of the Port of Corpus Christi, the largest U.S. oil-export port by volume, resigned on Tuesday, the port operator said without providing any explanation.
Strawbridge, who was the port's chief operating officer before taking over the top role in 2018, did not immediately reply to requests for comment.
During his tenure, he helped the port obtain federal funds to support the dredging of its ship channel to bring larger oil tankers to its docks.
Strawbridge had spoken a day earlier at the port at an event celebrating the future of energy and the port's emergence as an export hub for LNG.
Spokespeople for the Port of Corpus Christi said he had resigned but declined to provide any additional information or comment on a potential successor.
Under Strawbridge, the port's operating revenue grew 76.5% to $162.3 million from 2017 to 2022, according to annual budget summaries, while operating expenses climbed 29%.
Related News
Related News
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- Phillips 66 to Shut LA Oil Refinery, Ending Major Gasoline Output Amid Supply Concerns
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- ONEOK Agrees to Sell Interstate Gas Pipelines to DT Midstream for $1.2 Billion
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- Alaska Greenlights Enstar’s $57 Million Pipeline to Boost LNG Imports
- New 580-Mile Texas Pipeline Eases Bottlenecks, Boosts Shale Gas and Oil Output
Comments