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Oil (4)

EU Could Ban European Insurance and Tanker Transport for Russian Oil

To accompany its proposed ban on the importation of Russian oil, the European Union may also decide to prohibit European companies from providing maritime transport for Russian petroleum, anywhere in..

Dutch dock workers refuse to unload tanker carrying Russian oil

Dutch dock workers refused to unload a tanker carrying Russian diesel, as European states edge closer to sanctioning Moscow’s energy exports in the wake of its invasion of Ukraine.

Nigeria explosion: ‘More than 100 people killed’ in blast at illegal oil refinery

An explosion at an illegal oil refining depot in Nigeria has left more than 100 people dead, local officials fear.

Political rift sparks Libyan force majeure

Libya’s National Oil Corp. (NOC) has declared force majeure on exports of Mellitah crude, following problems at the El Feel field.

Iran's Revolutionary Guard detains foreign vessel for fuel smuggling

IRGC seizes vessel with over 220,000 liters of smuggled fuel in Persian Gulf, Tehran says; incident comes amid a debate about removing group from US terror list.

Saudi-led Coalition welcomes 2 month truce in Yemen

The warring sides in Yemen's seven-year conflict have for the first time in years agreed a nationwide truce, which would also allow fuel imports into Houthi-held areas and some flights operating from..

Shipping’s Russian Nightmare is Becoming a Reality

The shipping industry is faced with a logistical and legal nightmare, in the aftermath of the events in Ukraine.

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..

Greek Tanker Manager Probes Possible Iran Oil Transfer

Greece-based Empire Navigation is investigating whether Iranian oil was transferred onto one of the vessels it manages.

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.