Venezuela
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Tankers
US to ease sanctions, allow Venezuelan oil exports to Europe
The Biden administration has been courting Venezuela since the Russian invasion of Ukraine, hoping to weaken its ties with Russia.…
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Tankers
Tanker impacts of Venezuelan sanctions being lifted in the spotlight
Tanker analysts have been studying the ramifications for global oil trades if Venezuelan sanctions are lifted in the wake of…
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Offshore
PDVSA set to restart production at Corocoro field
Petróleos de Venezuela, known as PDVSA, is said to be preparing to restart output at its offshore Corocoro field, according…
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Tankers
Half the oil taken off stricken Venezuelan FSO
Venezuelan state oil company PDVSA has completed the transfer of half of the crude from the floating storage tanker, after…
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Offshore
PDVSA deploys aframax to unload oil from stricken FSO
Venezuelan national oil company PDVSA has deployed an aframax tanker to participate in the unloading operations of the floating storage…
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Tankers
Listing Venezuelan FSO sparks severe ecological concern
The FSO , which is anchored in the Gulf of Paria near Venezuela and Trinidad and Tobago, has tilted severely,…
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Americas
Authorities plan to take oil off damaged Venezuelan FSO
Authorities from both Trinidad and Tobago and Venezuela are planning to transfer the oil cargo the damaged Venezuelan to another…
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Offshore
Water ingress reported on Venezuelan FSO
Water ingress has been reported on an ageing FSO off Venezuela which is carrying 173,000 tons of oil onboard. Eudis…
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Americas
US blacklists four Greek tankers for involvement in oil trade with Venezuela
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has blacklisted four single vessel companies for alleged…
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Tankers
One in five VLCCs hit by sanctions
One in five VLCCs in operation today face restrictions from US sanctions, according to data from Braemar ACM. Research carried…
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Americas
Lines slap war risk surcharges on Venezuela shipments
Shippers must brace for more expensive calls to crisis-hit Venezuela. MSC, the world’s second largest liner, yesterday told clients it…
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Americas
Bahri clarifies position on Venezuela-bound tanker
One of the Middle East’s largest shipping lines, National Shipping Company of Saudi Arabia (Bahri), yesterday clarified that its tanker…
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Americas
Sanctions on Venezuela create tanker snarl-up
Reuters is reporting that sanctions on Venezuela are creating a sizeable tanker traffic jam off the US Gulf coast. More…
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Americas
Tanker unloads crude by STS transfer after month’s delay over PDVSA-Conoco dispute
A crude oil tanker that spent a month in a holding pattern waiting to deliver to Venezuela’s state oil firm…
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Americas
Venezuela considers using foreign crude oil at its refineries
Venezuela is contemplating using foreign crude oil to produce fuel for the first time, according to Reuters. The country sits…
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Americas
PDVSA looks to ship-to-ship transfer to ease logjam at its terminals
Venezuela’s state-run oil company PDVSA has completed its first ship-to-ship (STS) fuel transfer and it may provide a chance for…
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Americas
Venezuela fixes shipping service fees in euros and its virtual currency Petro
Venezuela has fixed the price of shipping fees for services rendered to international vessels in euros or the virtual currency…
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Americas
ConocoPhillips seeks control of PDVSA offshore oil assets as it pursues arbitration award
Houston-based multinational energy corporation ConocoPhillips is asking a court in the Dutch Antilles to give it control of offshore facilities…
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Americas
Venezuela requiring foreign ships to pay for services in crypto currency
Foreign ships in Venezuela will have to use the recently created cryptocurrency, Petro, to pay for services while in the…
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Americas
PDVSA losing workers in droves as economic woes take toll
Venezuela’s state oil firm Petroleos de Venezuela SA (PDVSA) is losing workers at a rate of knots with around 10,000…
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