Hosted on MSN1d
US sanctions on Russian and Iranian oil lead to floating storage surge
Washington has imposed multiple rounds of sanctions on ships and entities dealing with oil from Iran and Russia since October ...
US sanctions strand Iran, Russia oil on tankers, driving up crude costs
The amount of Russian and Iranian oil held on ships has hit multi-month highs as harsher U.S. sanctions reduced the number of ...
Rigzone16d
How Do FPSOs Work?
Crude oil that is stored onboard is frequently ... Besides FPSOs, similar floating systems include Floating Storage and Offloading systems (FSOs), Floating Production Systems (FPSs) and Floating ...
Latest US sanctions on Russia throw global oil trade into disarray
Tightened U.S. sanctions on Moscow have disrupted a roaring trade in discounted Russian oil to China and India, reviving ...
Investing4d
Crude Oil and Gas Prices Climb as Storage Tightens, Tariffs Add Pressure
European natural gas prices rose to a two-year high amid colder temperatures and tightening storage facilities ... 67% at the same time last year. In crude oil, prices rose in the early trading ...
US Sanctions Bite With Russia’s Crude Exports Facing Delays Offloading
Russia’s crude exports have yet to be curtailed by the latest US sanctions to target its oil, with flows broadly stable. But ...
Vaalco Energy announces milestone in Dry Dock Refurbishment Project
Vaalco Energy (EGY) announced a milestone in its Cote d’Ivoire Floating Production Storage and Offloading vessel Dry Dock Refurbishment ...