Captured Oil News

Indigenous protesters in the Peruvian Amazon have released two oil tankers and their crew members being held since last week in protest over changes to a development fund, a source at the company operating the vessels, PetroTal, said on Monday.The firm's marine shipments in the area also resumed earlier on Monday, the source added.The two ships were hijacked on Tuesday, one with 40,000 barrels of crude aboard. The release occurred on Saturday after a meeting between the Indigenous group's leaders and local authorities…

Members of Coast Guard Port Security Units 311 and 313 relieved U.S. Marines earlier today of responsibility for security on two gas and oil platforms in the Northern Persian Gulf. The Marines had held both platforms after U.S. Navy SEALS took them from the Iraqi regime. Members of PSU 311, from San Pedro, Calif., and PSU 313, from Tacoma, Wash., are among the approximately 650 Coast Guard men and women participating in Operation Iraqi Freedom in the Persian Gulf. In addition to the PSUs, Coast Guardsmen are serving in four 110-foot patrol boats, a 378-foot high-endurance cutter, a 225-foot buoy tender, two law enforcement detachments, elements of the National Strike Force and a harbor defense command unit.