Trader Trafigura has moved the first shipment of Venezuelan fuel oil to Europe in nearly two years, two trading sources and data seen by Reuters showed.The Aframax tanker Seawish loaded about half a million barrels of high-sulphur fuel oil at…
Two China-flagged supertankers that were sailing to Venezuela to pick up debt-paying crude cargoes amid the U.S. oil embargo on the OPEC country have made u-turn and are now heading back to Asia, LSEG shipping data showed on Monday.Following the U…
Ukrainian drones hit a tanker in the southern Russian port of Rostov-on-Don, killing and injuring a number of people and sparking a fire, the city's mayor was quoted as saying early on Thursday.'Emergency teams are extinguishing the fire on the tanker that was struck while docked in a drone attack…
Iraq’s state oil marketer SOMO has identified several tankers suspected of loading petroleum products illegally from the ports of Umm Qasr and Khor al-Zubair, according to an official letter dated Sunday and seen by Reuters.The tankers allegedly…
Russia's FSB security service has started handing out clearance for foreign tankers to access the Black Sea ports, allowing for Kazakhstan's oil exports to resume after they were halted for nearly a day, four industry sources said on Thursday…
The IEA’s medium-term outlook sees global oil supply increase set to far outpace demand growth in coming years.With intensifying geopolitical strains and heightened uncertainty about global economic prospects, oil markets are undergoing structural…
Iran is maintaining crude oil supply by loading tankers one at a time and moving floating oil storage much closer to China, two vessel tracking firms told Reuters, as the country seeks to keep a key source of revenue while under attack from Israel…
A tugboat has stopped a tanker carrying around 99,000 metric tons of oil from Russia from drifting out of control off Germany's Baltic Sea coast near the island of Ruegen, emergency services said on Friday.The 274-metre (899-foot) Panama-flagged tanker…
Preliminary fiscal year-end figures show Port Everglades enjoying healthy increases in cruise, cargo and petroleum volumes resulting in record revenues.'Port Everglades is one of Broward County's vital economic engines, which supports more than 11…
Iran has released the oil cargo of a Greek-owned, Marshall-Islands-flagged tanker it seized in the Gulf of Oman earlier this year, a shipping source told Reuters on Thursday.The vessel, M/T St. Nikolas, is still being held by Iran, the source added…
The UK Marine Accident Investigation Branch (MAIB) has released Accident Investigation Report 6/2024 into the jetty contact by the tanker Ali Ka.The Malta registered oil and chemical tanker made contact with the westernmost section of Oikos Jetty 2 at Canvey Island on the River Thames…
Imports of straight-run fuel oil (SRFO) to the U.S Gulf Coast were set to climb to record levels this month as Mideast and African suppliers ramped up exports and U.S. refiners scrambled for heavy feedstocks, according to data from ship tracker Kpler…
As U.S. shale oil boomed last decade, an oil pipeline company pitched an ambitious multi-billion-dollar export port off the Texas coast to ship domestic crude to buyers in Europe and Asia.In April, Enterprise Products Partners' SPOT became the first project to receive a license from the U…
