Post Tagged with: "tanker"

Source: Reuters

Lebanon could have had oil tanker seized by Eurobond holders: minister

Reuters


BEIRUT  – Lebanon could have recently had an oil tanker seized by Eurobond holders because of its stinging debt crisis and the government was taking steps to avoid such risks in future, the energy minister said on Thursday.

Lebanon …

Source: Reuters

Iranian oil tanker hit off Saudi coast, may have been missiles: Iran reports

Source: Reuters


An Iranian-owned oil tanker was struck, probably by missiles, in the Red Sea off Saudi Arabia’s coast on Friday, Iranian media said, an incident that if confirmed will stoke tension in a region rattled by attacks on tankers …

October 11, 2019 - 8:30 am Closing Bell Story‎, Energy News, International
Source: Cameron LNG Media Kit

LNG Takes up 7 Percent U.S. Gas Production in July

From The Houston Chronicle


U.S. LNG exports have expanded to the point they made up 7 percent of total U.S. natural gas production in July, the Energy Information Administration reported Monday.

Last month gas deliveries to LNG export facilities reached …

August 19, 2019 - 6:03 am Closing Bell Story‎, Energy News, LNG, Natural Gas News, Trade
Iranian Tanker Sought by US Heading Toward Greece

Iranian Tanker Sought by US Heading Toward Greece

From The Houston Chronicle


An Iranian supertanker with $130 million worth of light crude oil that the U.S. suspects is tied to a sanctioned organization left Gibraltar and was heading east into the Mediterranean Sea on Monday, with its next …

Iran Says it Expects Tanker Held by U.K. to Be Released Soon

Iran Says it Expects Tanker Held by U.K. to Be Released Soon

From The Houston Chronicle


Iran expects an oil tanker seized by the U.K. in the Strait of Gibraltar in July will be released soon, the semi-official Fars News agency reported Tuesday, a move that could help to ease concerns about …

UK Joins United States for Maritime Security Mission in Gulf

UK Joins United States for Maritime Security Mission in Gulf

From Reuters


Britain on Monday joined the United States in a maritime security mission in the Gulf to protect merchant vessels travelling through the Strait of Hormuz after Iran seized a British-flagged vessel.

British officials stressed that there was no …

BP Profit Again Outstrips Forecasts, Lifted by Higher Oil Output

BP Profit Again Outstrips Forecasts, Lifted by Higher Oil Output

From Reuters


A strong rise in oil and gas production helped BP (BP.L) offset weaker crude prices and refining profit to again beat profit expectations on Tuesday, boosting its shares.

BP’s second quarter contrasts with Total (TOTF.PA) and …

Britain Tells Iran: Release Ship to ‘Come Out of the Dark’

Britain Tells Iran: Release Ship to ‘Come Out of the Dark’

From Reuters


Britain told Iran on Monday that if it wants to “come out of the dark” it must follow international rules and release a British-flagged oil tanker seized by its forces in the Gulf.

Iranian commandos seized the Stena …

Oil Gains on U.S. Economic Data, Gulf Crude Tanker Dispute

Oil Gains on U.S. Economic Data, Gulf Crude Tanker Dispute

From Reuters


Oil prices inched up on Friday, ending the week higher after stronger-than-expected U.S. economic data brightened the crude demand outlook and concerns over the safety of oil transport around the Strait of Hormuz threatened supply.

Brent crude futures …

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

‘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 …

U.S. Sanctions China’s State-Run Oil Company for Buying from Iran

U.S. Sanctions China’s State-Run Oil Company for Buying from Iran

By Tyler Losier, Energy Reporter, Oil & Gas 360

Secretary of State Mike Pompeo announces sanctions for Zhuhai Zhenrong and its chief executive
The United States government will be imposing sanctions on Zhuhai Zhenrong Company Limited, a state-run oil company

Muhammad bin Salman, Deputy Crown Prince of Saudi Arabia
Photo Credit: The Economist

Saudi Arabia Urges Global Community to Deter Maritime Trade Disruptions

From Reuters


Saudi Arabia’s cabinet said on Tuesday that Iran’s interception of commercial vessels in Gulf waters, including its seizure of a British tanker, violated international law and must be prevented.

The Saudi remarks came after Britain called on Monday …

Iran Reportedly Seizes Oil Tanker in Strait of Hormuz

Iran Reportedly Seizes Oil Tanker in Strait of Hormuz

By Tyler Losier, Energy Reporter, Oil & Gas 360

Iranian Revolutionary Guard seizes foreign tanker, claims it was smuggling fuel
Iran’s Islamic Revolutionary Guard Corps Navy has reportedly seized a foreign oil tanker traveling through the Strait of Hormuz, claiming

Supertanker Suspected of Violating Sanctions Seized Off the Coast of Gibraltar

Supertanker Suspected of Violating Sanctions Seized Off the Coast of Gibraltar

By Tyler Losier, Energy Reporter, Oil & Gas 360

Vessel suspected of carrying Iranian oil to Syria in violation of EU sanctions
An Iranian supertanker carrying oil allegedly bound for Syria was detained in Gibraltar by British Royal Marines this

A Fleet of Tankers Is Hoarding Oil for a Gathering Storm

A Fleet of Tankers Is Hoarding Oil for a Gathering Storm

From Bloomberg

The world’s biggest offshore oil supermarket is stocking up for anti-pollution rules that Goldman Sachs Group Inc. predicts will upend energy markets.

The Strait of Malacca off Singapore and Malaysia is not only a waterway linking supply from …

April 30, 2019 - 3:27 pm Closing Bell Story‎, Crude Oil News, Energy News
More Oil Tankers for U.S.: Overseas Shipholding Closes Credit Refinancing

More Oil Tankers for U.S.: Overseas Shipholding Closes Credit Refinancing

Overseas Shipholding Group, Inc. Announces Closing of Term Loan Credit Facility Refinancing

December 28, 2018 - 6:00 am Closing Bell Story‎, Finance, Press Releases