Sunday, August 10, 2025
Venezuela’s oil exports stable as buyers in China receive more- oil and gas 360

Venezuela’s oil exports stable as buyers in China receive more

(BOE Report) – Venezuela’s oil exports remained almost unchanged last month as increased shipments to customers in China offset a decline in U.S.-authorized sales, according to vessel-tracking data and internal documents from state company PDVSA. The U.S. Treasury and State departments in March revoked the authorizations they had granted in recent years for PDVSA’s customers and partners to export oil

US targets Iranian LPG magnate with sanctions, Treasury says- oil and gas 360

US targets Iranian LPG magnate with sanctions, Treasury says

(Investing) – WASHINGTON  -The United States issued new sanctions on Tuesday targeting Iranian liquefied petroleum gas magnate Seyed Asadoollah Emamjomeh and his corporate network, the Treasury Department said, amid ongoing talks with Tehran on its nuclear program. Emamjomeh’s network is responsible for shipping hundreds of millions of dollars’ worth of Iranian LPG and crude oil to foreign markets, Treasury said in a statement.

Key Chinese ports ban oil tankers sanctioned by the U.S.- oil and gas 360

Key Chinese ports ban oil tankers sanctioned by the U.S.

(Oil Price) – Shandong Port Group, operator of key oil ports used by China’s independent refiners, has prohibited access and services to tankers sanctioned by the U.S. Treasury, a move that could curb Chinese oil imports and raise costs for local refiners, trade sources have told Reuters. Shandong Port Group has issued a notice, seen by the trade sources, banning ports from