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Cambodia's Oil Export Ambitions Sink with "Stolen" Tanker Standoff

Aug 27, 2021

When Cambodian officials commemorated the start of the country's first oil project in June by preserving the first drops of production at a high-profile ceremony, they heralded the country's emergence as a budding oil exporter at the heart of Asia.But instead of reaping royalties, Cambodia's government has filed a theft complaint against the crew of the tanker that stored the crude, after they sailed away with the oil amid a payment dispute with the oil field's developer…

Israeli Ministry Won't Allow Oil Tankers to Enter Red Sea Resort, Potentially Blocking UAE Pipeline Deal

Dec 17, 2021

Israel's Environmental Protection Ministry said on Thursday that it would not allow oil tankers to enter its Red Sea resort of Eilat as planned under a deal with partners from the United Arab Emirates to transport crude from the Gulf to Europe via Israel…

Successful Trial: BP, Maersk Tankers Use Biofuel Blend on Tankers

Dec 17, 2021

BP and Maersk Tankers successfully completed trials using marine fuel blended with biofuel on tankers as efforts grow to tackle the shipping sector's greenhouse gas emissions.Global shipping accounts for around 3% of global carbon emissions…

Chevron's Shipping Unit Joins Initiative to Cut Emissions

Dec 09, 2021

Oil major Chevron Corp said on Thursday, its shipping unit has joined the Sea Cargo Charter, an initiative launched last year to cut and track emissions from ships, as efforts intensify to reduce the maritime industry's carbon footprint.Under the Sea Cargo Charter…

ADNOC Weighs IPO of Logistics, Marine Services, and Shipping Unit

Nov 22, 2021

State oil firm Abu Dhabi National Oil Company (ADNOC) is weighing an initial public offering (IPO) of its marine services, logistics and shipping arm next year, two sources familiar with the matter told Reuters.ADNOC Logistics & Services (ADNOC…

China's Crude Oil Imports in Oct Drop to Lowest in Three Years

Nov 08, 2021

China's crude oil imports plunged in October to the lowest since September 2018, as large state-owned refiners withheld purchases because of rising prices while independent refiners were restrained by limited quotas to import.The world's biggest crude oil importer brought in 37…

China's First Carbon-neutral Oil Cargo Certified

Sep 22, 2021

China's refining giant Sinopec Corp said on Wednesday it has jointly certified the country's first carbon-neutral crude oil cargo with shipping giant Cosco Shipping and China Eastern Airlines.The 30,000-tonne cargo was produced by Sinopec in…

Third Tanker Sails from Iran Carrying Fuel for Lebanon

Sep 20, 2021

A third tanker has sailed from Iran carrying Iranian fuel for distribution in Lebanon, TankerTrackers.com reported on Twitter on Sunday.Lebanese Prime Minister Najib Mikati said on Friday the Iranian fuel shipments, imported by the Hezbollah movement…

Iranian Tanker Seen in Syria Discharging Gasoil for Lebanon

Sep 14, 2021

TankerTrackers.com has visual confirmation that an Iranian tanker is discharging gasoil in Syria's Baniyas port which is destined for neighboring Lebanon, the online oil shipment tracking service said on Tuesday.'Unable to deliver directly by sea to Lebanon due to sanctions…

Saudi Arabia's Oil Exports at Four-Month High

Jul 19, 2021

Saudi Arabia's crude oil exports rose in May to 5.649 million barrels per day (bpd), their highest level in four months, Joint Organisations Data Initiative (JODI) said on its website on Monday.Crude oil exports rose from 5.408 million bpd in April…

COVID-19-hit Asia Ships More Gasoline to U.S.

Jun 10, 2021

Exports of gasoline and blend stocks from Asia to the United States rebounded in May from April, including two rare shipments from India, to meet rising summer demand in the west, industry sources and analysts told Reuters.Global gasoline demand…

Work to Remove Oil from Stricken Tanker off China Almost Complete

May 04, 2021

Efforts to remove the cargo of an oil tanker that leaked oil into the Yellow Sea near China's Qingdao after a collision last week should be completed later on Tuesday, the vessel's manager said.The A Symphony was anchored roughly 40 nautical…

ADNOC L&S Adds Two More VLCCs to Its Fleet

Apr 13, 2021

Abu Dhabi-based ADNOC Logistics & Services, the shipping and maritime logistics branch of Abu Dhabi National Oil Company (ADNOC), has ordered two additional Very Large Crude Carriers (VLCC), bringing the total number of VLCCs added to its fleet in 2021 to eight…

Indonesia Seizes Iran, Panama-flagged Vessels Citing Illegal Oil Transfer

Jan 25, 2021

Indonesia said its coast guard seized the Iranian-flagged MT Horse and the Panamanian-flagged MT Freya vessels over suspected illegal oil transfer in the country's waters on Sunday.Coast guard spokesman Wisnu Pramandita said the tankers, seized in waters off Kalimantan province…

Indian Oil Corp Buys its First Cargo of Iraqi Basra Medium Oil

Jan 06, 2021

Indian Oil Corp (IOC) , the country's top refiner, has loaded its first cargo of Iraq's newly introduced Basra Medium crude grade, according to ship-tracking data from Refinitiv Eikon and a source with knowledge of the matter.IOC loaded the cargo onto Minerva Kalypso…

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MMA Offshore Upgrades Vessel to Support Taiwanese Offshore Wind Market

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Iberdrola Joins Five Early-Stage Offshore Wind Projects in the Philippines
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