Category: Transport

EU adopts new sanctions against Russia, including LNG

European Union countries adopted a 14th package of sanctions on Russia that aims to close some loopholes and hits Russia’s gas exports for the first time, EU foreign ministers said

Paraguay promotes plan for $1.5 billion gas pipeline with Argentina, Brazil

Paraguay is advancing in talks with energy companies and high-ranking government officials from Argentina and Brazil about a potential $1.5 billion gas pipeline to connect the three countries

EU on track to quit Russian fossil fuels

The European Union is on track towards its goal of ending Europe’s reliance on Russian fossil fuels within this decade, the European Commission said

Russia to deliver second oil cargo to Brazil in Sept

A tanker Apus loaded 100,000 tonnes of Varandey oil sourced by Lukoil in the Arctic port of Murmansk on Sept. 10, LSEG data shows. The vessel is expected to arrive in Brazil’s Pernambuco area at the end of the month, according to LSEG data

Russia remains China’s top crude supplier in July

Russia remained China’s largest crude supplier in July, Chinese government data showed, even as Russian shipments fall from all-time highs on narrower discounts and rising domestic demand crimps Russian exports

US mulls crackdown on Chinese imports of Iranian oil

The United States is considering cracking down on Iranian oil sales to China as it braces for the possibility that Tehran may not return to nuclear talks or may adopt a harder line whenever it does

Iran opens oil export terminal outside strategic strait

Iran has opened its first oil export terminal that does not require tankers to pass through the Strait of Hormuz, a chokepoint patrolled by warships of its arch foe the US, President Hassan Rouhani announced

Saudi Arabia holds spot as China’s top crude supplier in April

Shipments from Saudi Arabia were 6.47 million tonnes last month, or 1.57 million barrels per day (bpd), hitting their lowest since October, data from the General Administration of Chinese Customs showed

China raises 2021 non-state crude oil import quotas by 20%

China, the world’s top crude oil importer, will raise its non-state crude oil import quota for 2021 by 20% on-year to 243 million tonnes, the country’s commerce ministry said

Israeli pipeline company signs deal to bring UAE oil to Europe

Israeli pipeline company EAPC said it had signed a preliminary deal to help transport oil from the United Arab Emirates to Europe via a pipeline that connects the Red Sea city of Eilat and the Mediterranean port of Ashkelon