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November 25, 2025
Ukraine's military said that it had hit a Russian refinery in Krasnodar and a terminal for oil in the port of Novorossiysk. As the fighting between Ukraine and Russia approaches its fourth anniversary, Kyiv has intensified long-ranged attacks against Russian targets, notably oil installations.
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November 13, 2025
The Turkish defence ministry stated on Thursday that it is too early to determine what caused a military cargo aircraft crash in Georgia this week, in which 20 soldiers were killed. Inspections are continuing. The C-130 cargo plane had left Azerbaijan to Turkey when it crashed on Tuesday…
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November 13, 2025
The Turkish defence ministry stated on Thursday that it is too early to determine what caused a military cargo aircraft crash in Georgia this week, in which 20 soldiers were killed. Inspections are continuing. The C-130 cargo plane had left Azerbaijan to Turkey when it crashed on Tuesday.
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November 11, 2025
Two traders who are familiar with the matter confirmed on Tuesday that Yanchang Petroleum, a refiner backed by the Chinese provincial government and delivering crude oil between December to mid-February is not using Russian oil. Yanchang in Shaanxi province…
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November 6, 2025
Uralchem Group, a Russian fertiliser manufacturer, announced on Thursday it had shipped 30,000 tons of potash as humanitarian aid to Bangladesh. The United Nations World Food Programme, which chartered the vessel, facilitated the delivery of the fertiliser, previously stored in Latvia.
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November 3, 2025
According to preliminary data from Kpler, OilX and Kpler, India's crude imports from Russia should have increased slightly from the previous month, despite pressure from Washington. Kpler data shows that India's Russian crude oil imports increased to 1.48 million barrels a day (bpd)…
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October 30, 2025
Two analytics firms report that a sanctioned LNG tanker picked up a cargo at a Russian export terminal, which was also subject to Western restrictions. The transfer appears to be the very first STS of Russian LNG sanctioned by the West, despite…
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October 22, 2025
According to EU diplomatic sources, the 19th package against Russia of sanctions will include four companies that are involved in China's petroleum industry and circumvent Western restrictions. The package, they said, lists two independent Chinese…
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October 20, 2025
China's crude stockpile flow dropped dramatically in September, as lower imports combined with increased refinery processing reduced the excess that was available to store. China's crude oil surplus was 570,000 barrels a day (bpd), down from 1,01 million bpd, in September.
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October 20, 2025
China's crude stockpile fell sharply in September, as a result of lower imports and increased refinery processing. According to calculations based upon official data, China's crude surplus in September was 570,000 barrels a day (bpd), down from 1,01 million bpd during August.
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October 19, 2025
A document from the European Union's diplomatic branch, the EEAS (European External Action Service), shows that it is urging its member states to support a maritime declaration which would allow EU countries working with flag state to arrange inspections of Russia's shadow fleet of oil tankers.
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October 14, 2025
State-run news agency Xinhua reports that a Chinese container ship completed a pioneering voyage through the Arctic and into a UK port. This journey cut in half the transit time of the electric vehicles aboard the ship, as well as the solar panels, which were destined for Europe.
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October 3, 2025
MarineTraffic reports that the Boracay tanker, which is under Western sanctions for being suspected of belonging to Russia's shadow fleet and also faces a separate French investigation, has left its anchorage off western France. The raid by…
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October 2, 2025
The Kremlin stated on Thursday that France’s boarding of an oil tanker suspected to be part of the shadow fleet that is involved in Russian oil trading was "hysteria", which could cause problems for the global energy transport routes. Dmitry Peskov…
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October 2, 2025
According to preliminary data from ship tracking, analysts, and a refinery, fuel oil imports into the U.S. Gulf Coast reached a record high of two-and-a half years in September. This was due to an increase in cargoes coming from the Middle East…
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October 1, 2025
On Wednesday, French President Emmanuel Macron stated that it was "a great thing" for France to be investigating a suspected violation by the oil tanker Boracay. The oil tanker is suspected to belong to the "shadow fleet", which is involved in the Russian Oil Trade.
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September 30, 2025
According to Kpler's and LSEG's ship tracking data, a liquefied gas (LNG), tanker carrying cargo from Russia sanctioned Arctic LNG 2 Project berthed in China's Beihai Terminal on Tuesday. The Chinese terminal will receive its seventh cargo from the Arctic LNG 2 Project…
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September 18, 2025
Geopolitics is causing oil markets to become more blind, making it difficult to accurately determine the supply-demand balance on the largest and most important commodity exchange in the world. This is a recipe for instability. There is little…
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September 11, 2025
LSEG's and Kpler’s ship tracking data revealed that a third tanker, from Russia's Arctic LNG 2 facility, which is subject to Western sanctions, discharged and left a terminal in China Wednesday. The U.S. sanctioned LNG tanker Zarya has unloaded over 160…
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September 8, 2025
Saad Rahim is the chief economist at Trafigura, a major trading company. He said that the shadow fleet of oil tanks has grown following Western sanctions against Russia for its war in Ukraine. The shadow fleet plays a crucial role in ensuring that Russian crude oil is available to buyers…
