Tag: crude oil

  • Oil Shippers Raise Offers for Middle East Route on Gulf Risk

    January 08: Owners of oil tankers are boosting their rates to haul crude on a key route from the Middle East as risks in the Gulf escalate after Iran retaliated against the […]

  • Crude Oil Trade: Ecuadorian Exports Reach Record Low in October Amid Protests, but Set to Quickly Recover

    October 22: Ecuador’s crude oil exports reached a new record low in October. Average volumes loaded on tankers since early October currently stand below 300,000 b/d. However, the country is […]

  • FREE CSOA REPORT: Gibraltar Seizes Supertanker

    July 04: At approx. 02:00 LT this morning Gibraltar port and law enforcement agencies, aided by a detachment of Royal Marines, detained the Panama-flagged 300,000-tonne crude oil tanker GRACE 1 […]

  • Delta militants in new threat

    Claim soldiers involved in oil theft. Niger Delta Avengers threaten to expose soldiers Omotayo Yusuf The Niger Delta Avengers has threatened to release photos and video of how Nigerian soldiers […]

  • Tanker used by hijackers found

    Suspects detained by Indonesian authorities. Vessel used to siphon crude oil from MT Joaquim seized by Indonesia KUALA LUMPUR: A tanker, believed to have been used by pirates to siphon […]

  • It’s only in Nigeria

    Abuja — President Goodluck Jonathan, yesterday, expressed dismay at the continuous stealing of Nigeria’s crude oil by illegal bunkerers, vowing that his administration would do everything possible to stem the […]