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Oil (7)

Oil Tanker Owner Says Ship Attacked in Saudi Arabian Red Sea

An oil tanker came under attack while at a Saudi Arabian terminal in the Red Sea about 125 miles north of the country’s border with Yemen, according to the vessel’s owner.

Ethiopia: Observers fear huge consequences for the Horn of Africa

Tigray is at war again, this time with the federal government in Addis Ababa, and observers fear it could escalate — with huge consequences for the Horn of Africa, after Abiy Ahmed, the prime..

Piracy Attacks On Oil Facilities: Are US Vessels a target?

It has not received a lot of attention from the media or U.S. policymakers to this point, but the oil and gas business has a growing global issue related to offshore and at-sea piracy. While such..

US introduces new round of sanctions on Iranian oil companies

Iran's state-owned oil company and the country's biggest tanker operator blacklisted by the US. A series of companies have also been sanctioned for transporting Iranian oil to Venezuela.

Libya's NOC lifts Al Sharara Field Force Majeure

Libya's National Oil Corporation (NOC) reaches agreement with Petroleum Facilities Guards (PFGs) to lift the force majeure status and resumption of production in Al Sharara Oil Field.

Total Warns of Islamic State Instability Risk in Mozambique

Total SE Chief Executive Officer Patrick Pouyanne called on European nations to help Mozambique fight an insurgency, backed by Islamic State, in part of the East African nation where the energy..

NOC condemns dangerous military activity in Ras Lanuf port area

The National Oil Corporation (NOC) today renewed its call for immediate and unconditional demilitarisation of all oil facilities after military personnel fired live rounds and heavy weapons in Ras..

Libya Exports Stored Crude From Marsa El-Brega

Libya has begun exporting crude from the Marsa el-Brega oil terminal to free up storage space at the port.

Libya's NOC welcomes proposal to end oil blockade

Libya’s National Oil Corporation welcomed on Friday proposals from both sides in the country’s conflict to lift a seven-month oil blockade and place revenues in a special bank account until a..

Suggestions of Partial Removal of Oil Blockade in East Libya

Libyan National Army (LNA) sources have suggested they may allow limited oil exports from Oil Crescent/Eastern terminals. The decision has been taken due to a need to free up storage space, which..