Crude From Venezuela, Iran Stacks Up Off Singapore
(Bloomberg, 24.Aug.2021) — Oil stored in ships has been stacking up off key Asian ports as a crackdown in China on private crude oil processors has blunted purchases and disrupted...
Argus Launches LPG Freight Prices
(Argus, 27.Jul.2021) — Global energy and commodity price reporting agency Argus has launched 10 new freight price assessments for tankers transporting liquefied petroleum gas (LPG). These prices are a response...
China’s CCPC Takes Center Stage In Iran
(Reuters, 22.Jul.2021) — A Chinese logistics firm has emerged as a central player in the supply of sanctioned oil from Iran and Venezuela, even after it was blacklisted by Washington...
Saipem Inks Contracts In Saudi Arabia
(Saipem, 17.May.2021) — Saipem has been awarded the extension of two important contracts for onshore drilling activities in Saudi Arabia for a duration of 5 and 10 years, respectively, and...
Iran Activates Game Plan For Oil Comeback In 2021
(Platts, 9.Feb.2021) — Emboldened by the change in US presidency, Iran is pushing more oil onto the market, even as sanctions remain in place, as it looks ahead to a...
OPEC Fund Marks 45 Years Of Driving Development
(The OPEC Fund, 28.Jan.2021) — The OPEC Fund for International Development (the OPEC Fund) marks its 45th anniversary today. Since inception, the multilateral development finance institution has approved more than...
OPEC Voluntary Production Levels (PDF DOWNLOAD)
(Energy Analytics Institute, 11.Jan.2021) — OPEC’s voluntary crude oil production levels for the months of January, February, and March. OPEC_Voluntary-Production-LevelsDownload __________ By Ian Silverman. © Energy Analytics Institute (EAI). All...
Iranian Oil Tankers Entering Venezuelan, Syrian Ports
(MEHR, 10.Jan.2021) — Tankertrackers reported that the Iranian oil and gasoline tankers have reached near Syria and Venezuela. According to Tankertrackers, an Iranian tanker carrying two million barrels of crude...
20 Companies: The Biggest Polluters In The World
(Insider Monkey, 2.Jan.2021) — In this article we are going to list the 20 companies that are the biggest polluters in the world. Click to skip ahead and jump to...
UAE Emerges As Hub For Cos. Helping Venezuela
(Reuters, 29.Dec.2020) — 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...
Iran Uses Disguised Tanker To Export Venezuelan Oil
(Reuters, 14.Dec.2020) — A tanker chartered by the National Iranian Oil Company (NIOC) is loading Venezuelan crude for export, documents from state-run PDVSA show, providing evidence of the two countries'...
Biden Presidency To Reset US Sanctions Focus
(Argus, 14.Dec.2020) — Washington's failure in the past two years to force regime change in Caracas by means of severe sanctions gives the incoming US administration of president-elect Joe Biden...
Iran Mostly Contains Fire After Oil Pipeline Spill
(Reuters, 13.Dec.2020) — Firefighters have contained most of a blaze that broke out after a pipeline carrying crude oil to Iran’s second-largest refinery ruptured on Sunday because of a landslide,...
UAE Eases Oil Supply Cuts To Asia After OPEC+ Deal
(Bloomberg, 7.Dec.2020) — The United Arab Emirates will provide Asian oil buyers with a little more crude next month after OPEC+ reached a compromise deal on cuts. While OPEC’s third-largest...
OPEC+ To Boost Output After Tense Negotiations
(WoodMac, 4.Dec.2020) — Tense negotiations and rumours of a rift between Saudi Arabia and UAE ended with a compromise deal for OPEC+ on 3 December 2020. Despite concerns on oversupply...
India Looks To Resume Iran, Venezuela Oil Imports
(Reuters, 2.Dec.2020) — India wants to diversify its oil imports, including the resumption of supplies from Iran and Venezuela, after U.S. President-elect Joe Biden takes office, Oil Minister Dharmendra Pradhan...
JinkoSolar Sells Stake In Abu Dhabi Sweihan Station
(JinkoSolar, 27.Nov.2020) — JinkoSolar Holding Co., Ltd. announced its wholly-owned subsidiary JinkoSolar Sweihan (HK) Limited has signed a share and debt purchase agreement with Jinko Power (HK) Company Limited, an...
Iranian Tanker Departs For Persian Gulf From Venezuela
(Reuters, 9.Oct.2020) — An Iranian-flagged oil tanker left Venezuela on Friday for Iran’s Kharg Island, Refinitiv Eikon data showed, after the vessel loaded 1.9 million barrels of heavy crude at...
Three Iranian Tankers Make It To Venezuela
(Energy Analytics Institute, 5.Oct.2020) — The third and final Iranian tanker, part of a three-tanker flotilla, docked in Venezuela over the weekend with much needed gasoline supplies for the struggling...
First Iranian Tanker Enters Venezuelan Waters
(Reuters, 28.Sep.2020) — The first of a group of three tankers carrying Iranian fuel for gasoline-starved Venezuela entered the waters of the South American nation on Monday, according to Refinitiv...
US Updates On Iran And Venezuela Designations
(US Department of Treasury, 24.Sep.2020) — The state department updates on Iran-related and Venezuela-related designations in today’s press release. SPECIALLY DESIGNATED NATIONALS LIST UPDATE The following individuals have been added...
US Treasury Updates Venezuela, Iran Designations
(Energy Analytics Institute, 22.Sep.2020) — The US Department of Treasury released details regarding Venezuela-related designations as well as providing a designation update. Treasury also provided an Iran-related designation update. The...
Elliott Abrams Briefing On Iran And Venezuela
(US Department of State, 16.Sep.2020) — Special teleconference briefing with special representative for Iran and Venezuela Elliott Abrams on developments in Iran and Venezuela. MS ORTAGUS: Thank you so much...
Venezuela’s PDVSA Looks To Lift Oil Blending
(Reuters, 15.Sep.2020) — Venezuela’s state-run PDVSA is preparing to recover a portion of the oil output lost in recent months by boosting crude blending operations at its main producing region,...
Venezuela Defies Sanction Tripwires, Imports Oil
(Bloomberg, 13.Sep.2020) — An oil tanker is discharging Iranian condensate for Venezuela as both countries continue to avoid U.S. sanction tripwires. The ship, identified as Honey, turned off its satellite...
Copec Voltex Selects Driivz For Charging Infrastructure
(Copec, 8.Sep.2020) — Copec Voltex, a subsidiary of Copec S.A., a leading energy and mobility company and one of the most trusted brands throughout Latin America and the Southeastern United...
Iranian Shipments Of Oil To Venezuela
(Dryad Global, 7.Sep.2020) — Reporting from TankerTrackers.com indicates that three Iranian tankers have departed Iran, with a suggested routing to Venezuela, via the Suez Canal. The three vessels in question...
Sungrow Inks Deal For Inverter Solution To Dubai
(Sungrow, 2.Sep.2020) — Sungrow, the global leading inverter solution supplier for renewables, announced that the Company partnered with Shanghai Electric to supply its latest 1500V 6.25 MW turnkey solution to...
Saudi Aramco Announces Two New Fields
(JPT, 31.Aug.2020) — Saudi Aramco announced this week the startup of two exploratory fields, one oil and one gas, in the northern region of the country. Saudi Energy Minister Prince...
US Targets Websites Tied To Iran-Venezuela Oil Deal
(Al-Monitor, 31.Aug.2020) — The seizure follows the US interception of fuel tankers from Iran en route to Venezuela this month amid increased US pressure on both countries. The US government...
Maduro Thanks Iran For Help Overcoming Sanctions
(Reuters, 23.Aug.2020) — Venezuelan President Nicolas Maduro on Sunday thanked ally Iran for helping the South American country overcome U.S. sanctions on its oil industry and floated the idea of...
Turkey Nets Largest-ever Find At Tuna-1
(WoodMac, 21.Aug.2020) — A gas discovery of the scale of the Tuna-1 find in the Black Sea, if developed, would be transformational for Turkey, given its overwhelming reliance on imports and...
US Seizes 4 Iranian Tankers Destined For Venezuela
(US Dept. of Justice, 14.Aug.2020) — The Justice Department today announced the successful disruption of a multimillion dollar fuel shipment by the Islamic Revolutionary Guard Corps (IRGC), a designated foreign...
US Seizes Iranian Vessels Heading For Venezuela
(Aljazeera, 14.Aug.2020) — American officials tell AP Trump administration seized cargo of four tankers transporting Iranian fuel to Venezuela. The United States seized the cargo of four tankers for transporting...
Officials: US Seizes Iranian Oil Heading For Venezuela
(AP, 13.Aug.2020) — The Trump administration has seized the cargo of four tankers it was targeting for transporting Iranian fuel to Venezuela, U.S. officials said Thursday, as it steps up...
Saudi Arabia Turns Off America’s Oil Taps Again
(Bloomberg, 9.Aug.2020) — The strategy worked wonders in 2017. It will be more challenging this time around unless the pandemic eases its grip on oil demand. For the second time...
Blackstone To Raise Stake In GOM Drilling Project To 47%
(Reuters, 28.Jul.2020) — Israel’s Navitas Petroleum said on Tuesday the Blackstone Group signed a preliminary deal to raise its stake in a drilling project in the Gulf of Mexico to...
Global Gas Flaring At Levels Not Seen Since 2009
(World Bank, 21.Jul.2020) — Estimates from satellite data show global gas flaring increased to levels not seen in more than a decade, to 150 billion cubic meters (bcm), equivalent to...
Delek Reports Rise In Revenues In Israel, Abroad
(Delek, 30.Jun.2020) — Delek Group published its first quarter 2020 reports. -- Start of production at Leviathan field leads to an increase of 88% in revenues from energy business in...
Iran Sets Out Conditions For Renewed Talks With The US
(Argus, 24.Jun.2020) — Iranian president Hassan Rohani has reiterated Iran's willingness to resume talks with the US, but only if Washington apologises for withdrawing from the 2015 nuclear deal, returns...
Brazil To Discuss OPEC With Saudi Arabia In July
(S&P Global Platts, 24.Jan.2020) — Brazil will discuss potential cooperation with OPEC on the sidelines of a Group of 20 event scheduled to be held in Saudi Arabia later this...