Channel 16

Yemen's Houthis agree U.N. proposal to offload decaying oil tanker

Yemen's Houthi movement has signed an agreement with the United Nations to deal with a decaying oil tanker threatening to spill 1.1 million barrels of crude oil off the war-torn country's coast, a..

UAE is hub for companies helping Venezuela avoid U.S. oil sanctions

In June, the United States imposed sanctions on half a dozen oil tankers managed by established shipping firms. It was a major escalation of American attempts to choke off Venezuela’s oil trade.

Yemen Houthis say Saudi-led coalition diverted fuel ship

The Yemen Petroleum Company (YPC) on Wednesday said the Saudi-led coalition fighting Yemen's Houthis had diverted to a Saudi port a fifth fuel vessel heading for the Houthi-controlled port of..

Gunmen kill four at pipeline works in Nigeria's oil-rich Delta

YENAGOA, Nigeria, Nov 28 (Reuters) - Gunmen have killed four men who were involved in the maintenance on a pipeline owned by the Nigerian subsidiary of Italian oil giant Eni, a local security..

Son of former Libyan ruler Gaddafi runs for president

The son of late Libyan dictator Muammar Gaddafi appeared for nearly the first time in a decade on Sunday to register as a presidential candidate for a December vote planned to help end the years of..

UN warns Libya's banking system at risk of collapse

Libya's banking system "will likely collapse" if the country's two parallel central bank branches don't unify, the United Nations special envoy to the country warned on Thursday.

Maersk Shuts Down Durban Depots As Looting Continues

Maersk has shut down all its depots, warehouses and cold stores in Durban and Johannesburg, a company spokeswoman said on Wednesday, as looting in the two South African cities bearing the brunt of..

Indonesia, U.S break ground on joint strategic maritime centre

Indonesia and the United States have broken ground on a new $3.5 million maritime training centre in the strategic area of Batam, in the Riau Islands, Indonesia's maritime security agency said.

Italy says Libyan coastguard fired on its fishing boats

The Libyan coastguard on Thursday fired on three Italian fishing boats, injuring the captain of one of the vessels, Italian authorities said.

Force Majeure declared at Marsa al Hariga- Libya

Libya's National Oil Corp (NOC) declared force majeure on exports from the port of Marsa al Hariga after Arabian Gulf Oil Co suspends output over a budget dispute.

Reuters