Monday, July 13, 2026

‘Floating Bomb’: Decaying Oil Tanker Near Yemen Coast Could Soon Explode, Experts Warn

From CNBC An abandoned and decaying oil tanker near the coast of war-torn Yemen could soon rupture or explode, the United Nations (UN) has warned, potentially triggering one of the world’s largest oil spills. The deserted Safer FSO tanker, which is believed to contain approximately 1.14 million barrels of oil, has been anchored and left without maintenance off the Yemeni

Petrobras Offering of Fuel Unit Prices at 24.50 Reais Per Share: Sources

From Reuters Brazilian state-run oil company Petroleo Brasileiro SA has relinquished control of the country’s biggest fuel distributor in a share offering, pushing ahead with a privatization drive under new Chief Executive Roberto Castello Branco. The offering of Petrobras Distribuidora SA was priced at 24.50 reais per share, according to two sources with knowledge of the matter. Final pricing implied

U.S. Restricts Exports of Oil Diluents to Venezuela - Oil & Gas 360

Venezuela’s Guaido Pledges to Protect Chevron Assets if Trump Does Not Renew License

From Reuters Venezuelan opposition leader Juan Guaido said on Tuesday he would seek to protect Chevron Corp’s (CVX.N) assets in the country if the United States does not renew a license allowing the company to operate despite sanctions on the OPEC nation’s oil sector. The Trump administration slapped sanctions on state oil company PDVSA [PDVSA.UL] in January as part of