Oil and Petrochemicals
Petrobras Signs New Contract Worth 354 Million Reais with Oceânica
Petrobras has signed a new long-term contract worth 354 million reais with Oceânica Engenharia e Consultoria. This contr...
Oil and Petrochemicals
Oil and Petrochemicals
Sanctioning 17 Iranian Tankers by the U.S. Department of the Treasury
The U.S. Department of the Treasury has targeted 17 tankers and networks related to the transportation of Iranian oil. T...
Oil and Petrochemicals
The U.S. Sanctions 17 Iranian Oil Tankers
The U.S. Department of the Treasury has sanctioned 17 oil tankers due to their role in transporting Iranian oil and petr...
Oil and Petrochemicals
New US and UK Sanctions Against Iran and Russia Increase Impact on Tanker Fleet
The US and UK are applying more pressure on Iran and Russia with new sanctions. These measures specifically target Iran'...
Oil and Petrochemicals
Saudi Arabia is negotiating long-term oil loading contracts outside the Strait of Hormuz
Saudi Arabia is in talks with customers to provide oil loadings next year outside the Strait of Hormuz. This move aims t...
Oil and Petrochemicals
Iranian Oil Tanker Shipment Identified on Sanction Routes
A shipment from an Iranian oil tanker has been identified as passing through sanctioned routes. This event could have ne...
Oil and Petrochemicals
62.9% of Oil Production in the Gulf of Mexico Shut Down Due to Hurricane Isaias
Hurricane Isaias has led to a halt of 1.28 million barrels per day of oil production in the Gulf of Mexico. This storm p...
Oil and Petrochemicals
Increase in Oil Transportation Costs Due to Tanker Concentration in the Persian Gulf
The concentration of over 40% of the world's large tankers in the Persian Gulf has led to increased oil transportation c...
Oil and Petrochemicals
Increased Risks for Tankers Following Iran's Threats Regarding the Strait of Hormuz
Tankers are facing increased risks of attacks and threats in the Strait of Hormuz. Iran has recently announced that it w...
Oil and Petrochemicals
The U.S. Department of the Treasury Sanctions 17 Iranian Ships and Companies
The U.S. Department of the Treasury has sanctioned 17 Iranian ships and companies due to the transfer of oil and petrole...
Oil and Petrochemicals
Yinson Production Finances First Non-Brazilian FPSO Project with $1.458 Billion
Yinson Production successfully secured $1.458 billion for its first FPSO project outside Brazil, contributing to the exp...
Oil and Petrochemicals
Britain Adds 12 New Russian Tankers to Sanctions List
Britain has sanctioned 12 tankers as part of Russia's shadow fleet. This action is related to the increase in London's s...