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A service for shipping & logistics professionals · Monday, May 12, 2025 · 811,750,446 Articles · 3+ Million Readers
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Oil Shipping News Monitoring

  • Published on May 11, 2025

    Sudan prepares to halt South Sudan oil experts

    Sudan’s army-aligned government has ordered energy companies to prepare for a possible shutdown of oil exports from neighboring South Sudan after a series of attacks on key facilities, according to a government letter seen by Radio Tamazuj. In the letter …

    Source: Radio Tamazuj - Neutral
  • Published on May 8, 2025

    UK confirms largest ever sanctions targeting Russia’s $24 billion oil ship fleet

    Russia’s secretive fleet of oil tankers is to be hit with the largest ever sanctions package today, as the UK ramps up pressure on Vladimir Putin. The new action will be announced by Keir Starmer at the Joint Expeditionary Force meeting in Oslo.Russia has …

    Source: Daily Express - Right-wing
  • Published on May 11, 2025

    Kremlin announces Russia is not afraid of Western sanctions

    (MENAFN) Kremlin spokesman Dmitry Peskov has stated that Russia is unfazed by new Western sanctions, claiming the country is accustomed to such pressure and has strategies in place to mitigate their impact. Speaking to journalist Pavel Zarubin on Saturday, …

    Source: MENAFN - Indeterminate
  • Published on May 10, 2025

    US Imposes Sanctions On Chinese Firms That Bought Iranian Oil

    1 The U.S. Treasury Department revealed the details. The US Treasury Department has imposed sanctions against several Chinese companies and other entities that the agency believes are involved in buying millions of dollars worth of Iranian oil. This was …

    Source: Charter 97 - Center-left
  • Published on May 10, 2025

    NNPC diversifies as Stena Bulk, Caverton unite to birth Unity Shipping

    The Nigerian maritime industry is on the cusp of transformation, as the Nigerian National Petroleum Company (NNPC) has partnered Swedish global shipping agency, Stena Bulk and Nigerian marine and aviation logistics firm, Caverton, to launch UNITY Shipping …

    Source: The Guardian (Nigeria) - Indeterminate
  • Published on May 10, 2025

    US Treasury Takes on Cartels Part Deux: Combating Cartel-Connected Oil Smuggling Schemes

    The US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), in coordination with the Office of Foreign Assets Control (OFAC), the US Drug Enforcement Administration (DEA), the Federal Bureau of Investigation (FBI), and Homeland …

    Source: JD Supra - California - Neutral
  • Published on May 9, 2025

    Persian Gulf: Our waters, our lands

    TEHRAN – A land or body of water can hold diverse meanings. The Persian Gulf, for example, is a vital waterway for global oil transport, an exotic destination for tourists, and a geostrategic location for military forces. But for those who have thrived …

    Source: Tehran Times - Gov't Propaganda
  • Published on May 8, 2025

    Treasury sanctions Chinese firms, ships for role in Iranian oil sales

    The Treasury Department on Thursday slapped sanctions on several Chinese companies and other elements the department said are involved in buying millions of dollars’ worth of Iranian oil. The sanctions were imposed on China’s Hebei Xinhai Chemical Group Co …

    Source: The Washington Times - Right-wing
  • Published on May 9, 2025

    Putin & Xi to Discuss Energy Cooperation & Stalled Siberia 2 Pipeline During Moscow Visit

    Russian President Vladimir Putin and Chinese President Xi Jinping are scheduled to discuss energy cooperation, including the proposed Power of Siberia 2 natural gas pipeline, during Xi's visit to Moscow, a Kremlin aide confirmed Tuesday. The talks are …

    Source: Pipeline Technology Journal - Neutral
  • Published on May 9, 2025

    Xuyen Viet Oil case: High-level People’s Procuracy justifies sentences for all seven defendants

    HCM City (VNA) – The High-level People's Court in Ho Chi Minh City continued the appellate hearing on May 8 for the high-profile corruption case involving the Xuyen Viet Oil Transport, Trading and Tourism Co., Ltd (Xuyen Viet Oil), with the prosecutors …

    Source: VietnamPlus - Pending
  • Published on May 8, 2025

    U.S. Sanctions Chinese Port Operators, Teapot Refinery Over Iranian Oil Shipments

    The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced today a significant expansion of sanctions targeting Iran’s oil export operations, marking its first action against terminal operators in China’s Shandong Province. The …

    Source: gCaptain - Neutral
  • Published on May 8, 2025

    US Tightens Grip On Iranian Oil Exports, Sanctioning Chinese Refinery

    In an escalation of its “maximum pressure” campaign against Iran, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today announced sanctions targeting a Chinese independent “teapot” refinery, three port terminal operators in …

    Source: The Free Press - Tampa - Florida - Neutral
  • Published on May 8, 2025

    Bahri Posts SAR 533M Profit In Q1 2025 Amid Market Headwinds

    Bahri’s logistics rebound, diversified earnings, and operational resilience fueled an 18% profit surge year-on-year Q1 2025 EBITDA of SAR 1.20 billion (+14% YoY) and net profit of SAR 533 million (+18% YoY), reflecting resilience across its core shipping …

    Source: Construction Business News Middle East - Neutral
  • Published on May 8, 2025

    Bahri Q1 net profit up 18% to $142m; firm hits 100 ships milestone

    The National Shipping Company of Saudi Arabia (Bahri), the kingdom’s leading shipping and logistics provider, reported an 18% increase in net profit to SAR533 million during the first quarter, compared to the same period in 2024.   Q1 2025 EBITDA was SAR1. …

    Source: Trade Arabia - Neutral
  • Published on May 7, 2025

    UNITY Shipping Worldwide: New Era of Nigerian Global Shipping

    With the ink barely dry on a landmark agreement, the Nigerian maritime industry stands on the cusp of transformation. In a historic move, the Nigerian National Petroleum Company Limited has partnered with Swedish global shipping titan, Stena Bulk and …

    Source: This Day - Pro-Government
  • Published on May 7, 2025

    Al-Sharaa signals Syria-Israel talks as Paris visit tests Western waters

    Syria’s interim president, Ahmad al-Sharaa, revealed Wednesday that Damascus is engaged in indirect talks with Israel to defuse tensions following a deadly Israeli air campaign – his first public admission of diplomacy with a longtime enemy. Al-Sharaa, …

    Source: Sabah - Pending
  • Published on May 7, 2025

    Raphael Navot’s barefoot luxury

    “We’re not allowed to call it an office,” Raphael Navot smiles as he looks around the Paris headquarters of his eponymous design studio: a courtyard apartment in the right-bank quartier of Montorgueil. The 48-year-old Israeli designer moved in last year …

    Source: The Financial Times - Neutral
  • Published on May 8, 2025

    BAHRI REPORTS FIRST QUARTER 2025 RESULTS WITH 18% NET PROFIT GROWTH

    (MENAFN- PR Newswire) Q1 2025 EBITDA of SAR 1.20 billion (+14% YoY) and net profit of SAR 533 million (+18% YoY), reflecting resilience across its core shipping businesses amid prevailing market headwinds, and supported by a profit turnaround in Integrated …

    Source: MENAFN - Indeterminate
  • Published on May 7, 2025

    UNITY Shipping Worldwide: Setting Sail On A New Era Of Nigerian Global Shipping

    With the ink barely dry on a landmark agreement, the Nigerian maritime industry stands on the cusp of transformation. In a historic move, the Nigerian National Petroleum Company (NNPC) has partnered with Swedish global shipping titan Stena Bulk and …

    Source: Daily Independent - Pending

07 days 19:03:43

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