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The fire at Tengiz Oilfield Power Station in Kazakhstan was extinguished on Sunday, according to the company.

Posted to Maritime Reporter on January 19, 2026

KazMunayGas, Kazakhstan's oil company owned by the state, said that a fire at a power station in the Chevron-led Tengiz field was put out on Sunday. The company said that the staff was evacuated and no one had been injured. It said that the fire had started at a transformer for a turbine.

Source: CPC oil exports fell 24% in December

Posted to Maritime Reporter on January 16, 2026

An industry source said that oil exports via the Caspian 'Pipeline' - consortium, which transports oil from Kazakhstan to a Russian terminal in the Black Sea - plummeted 24% in December following a drone strike. Sources claim that exports fell?from November to 3.98 metric tonne…

South Korean wheat purchases now at 92 300 tons, traders claim

Posted to Maritime Reporter on January 16, 2026

European traders reported on Friday that South Korean flour mills purchased a total of 92,300 tons of milling grain to be sourced from the United States, in a recent international tender. This is above estimates of 50,000 tonnes. The traders reported that an additional shipment of 42…

South Korean wheat purchase on Thursday is now estimated at 92 300 tons, traders claim

Posted to Maritime Reporter on January 16, 2026

European traders reported on Friday that South Korean flour mills are believed to have purchased 92,300 tons of milling wheat from the United States, in an international auction held on Thursday. This is a significant increase over previous estimates, which were 50,000 tons.

South Korean milling company buys around 50,000 metric tonnes wheat from US traders, say

Posted to Maritime Reporter on January 15, 2026

European traders reported that a group of South Korean flour mills purchased?an estimated 50 000 metric tonne?of milling?wheat?from the United States on Thursday in an international auction. The purchase included a variety of wheat types, and all were purchased on a 'free on board' (FOB) basis.

Bousso

Posted to Maritime Reporter on January 15, 2026

Oil prices have reached a three-month-high due to simultaneous geopolitical tensions in Venezuela and Iran, as well as the Black Sea. This has created a dangerous environment for investors, even though a massive supply glut is still hanging over the market.

Bousso

Posted to Maritime Reporter on January 15, 2026

Oil prices have reached a three-month-high due to simultaneous geopolitical tensions in Venezuela and Iran, as well as the Black Sea. This has created a dangerous environment for investors, even though a massive supply glut is still hanging over the market.

Russia taunts US, UN should monitor ship attack in Caribbean, not Red Sea

Posted to Maritime Reporter on January 14, 2026

The U.N. Security Council asked U.N. secretary-general Antonio Guterres on Wednesday to continue providing monthly reports on any further Yemeni Houthi attacks on vessels in Red Sea, prompting Russia to taunt United States. The Russian Deputy U.N.

Trump says that he will send help to Iran if they continue protesting.

Posted to Maritime Reporter on January 13, 2026

Donald Trump, on Tuesday, told Iranians to continue protesting and said that help was "on its way", but did not elaborate whether this meant possible U.S. actions. "Iranian Patriots, KEEP PROTESTING - TAKE OVER YOUR INSTITUTIONS!!!... HELP IS COMING," Trump wrote in a Truth?Social post.

The vessel monitoring service reports that Iran has released the Greek tanker St. Nikolas, which was seized by 2024.

Posted to Maritime Reporter on January 12, 2026

According to Tanker Trackers, Iran has released the St. Nikolas tanker, which is a Greek owned Suezmax that it had seized in 2024. Iranian state media reported that Iran had seized the tanker - which was carrying Iraqi oil destined for Turkey - in revenge for the U.S.

Ship data shows that supertankers destined to transport Venezuelan oil to China have made a U-turn.

Posted to Maritime Reporter on January 12, 2026

LSEG shipping data revealed on Monday that two China-flagged Supertankers, which were en route to Venezuela to pick up debt paying crude cargoes amidst the U.S. embargo against?the OPEC country?had made a u-turn. They are now returning to Asia. After the U.S.

Ambassador: Ukrainians aboard the seized Bella-1 tanker

Posted to Maritime Reporter on January 9, 2026

The Ukrainian ambassador to the United States said on Friday that Ukrainians were part of the crew aboard the Russian-flagged tanker Bella-1 which was seized by U.S. troops this week. Olha Stefanishyna was quoted by Interfax Ukraine as saying that Ukrainian diplomats are in contact with U.S.

Sources: India's Reliance is in talks with the US to obtain a permit for it to purchase Venezuelan oil

Posted to Maritime Reporter on January 9, 2026

Two sources with knowledge of the matter said on Friday that Reliance Industries, a private refiner in India, is seeking U.S. permission to resume purchasing Venezuelan crude. The refiner wants to ensure supplies as Western pressures on India to reduce Russian oil imports.

Sources: India's Reliance is in talks with the US to obtain a permit for it to purchase Venezuelan oil

Posted to Maritime Reporter on January 9, 2026

Two sources with knowledge of the matter said that Reliance Industries, a private refiner in India, is looking to secure oil as Western pressures on India to reduce its Russian oil purchases. Sources said that Reliance representatives were in talks with the U.S.

US may use Export-Import bank for Venezuela oil projects, energy chief says

Posted to Maritime Reporter on January 9, 2026

Energy Secretary Chris Wright told reporters that there is a "real possibility" the U.S. might use its Export-Import Bank to 'fund large oil projects' in Venezuela. This was before President Donald Trump met with industry executives later on Friday.

South Korea's MFG bids up to 210,000 tonnes corn, traders claim

Posted to Maritime Reporter on January 8, 2026

The South Korean Major 'Feedmill Group (MFG), a group of traders in Europe, said that the MFG has announced an international tender for up to 210,000 metric tonnes of animal feed corn. The deadline to submit price bids in the tender is January 9, 2019.

Sources: Chevron and US in negotiations for an expanded Venezuelan oil license

Posted to Maritime Reporter on January 7, 2026

Four sources said that Chevron, an oil producer in the United States, is in discussions with the U.S. Government to extend a license for its operations in Venezuela so it can sell more crude to its refineries or to other buyers. Washington and…

Sources: Chevron and US in negotiations for an expanded Venezuelan oil license

Posted to Maritime Reporter on January 7, 2026

Four sources said that oil?producer Chevron was in talks with U.S. officials to extend a license for its operations in Venezuela so it could increase crude exports into its refineries, and sell them to other buyers. Washington and Caracas are progressing in their negotiations to provide up to 50…

Russian broadcaster: US forces appear to be trying to board Venezuelan oil tanker by helicopter

Posted to Maritime Reporter on January 7, 2026

The Russian state broadcaster RT reported on Wednesday that it 'looked as if U.S. troops were attempting to board the Venezuela-linked 'oil tanker 'Marinera'?from a chopper and published an image showing a chopper hovering near ship. Could not verify immediately the?RT Report.

WSJ reports that Russia sent a submarine to escort a tanker that the US attempted to seize near Venezuela

Posted to Maritime Reporter on January 7, 2026

The Wall Street Journal, citing an official from the United States, reported that Russia had deployed a sub and other naval vessels in order to escort a?aging oil tanker which was trying to evade a U.S. blockade near Venezuela. The tanker, previously known as Bella 1…

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