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January 12, 2026
The 'Ports and Airports Ministry' announced on Monday that Brazil has set a'minimum concession fee' of '500 million reais (92.96 million dollars) for the massive Tecon 10-container terminal auction at the port of 'Santos', which is expected to happen in the second half of March.
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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.
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January 2, 2026
The differentials between Caspian and Urals crude oil remained unchanged on Friday, in a'mild' market. Russia -and a few of its neighbouring countries - were off for the New Year holiday. There were no bids or offers reported to Platts on Friday for Urals, Azeri BTC - and CPC Blend.
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December 12, 2025
Winter storms, increased'security' risks and shorter daylight hours have caused delays for oil tankers traveling through the Turkish Straits. According to traders, the congestion is worsened due to increased security checks after recent attacks against tankers transporting Russian oil…
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October 10, 2025
China's Transport Ministry announced on Friday that vessels owned or operated or built in the United States, or those flying the U.S. Flag will be subject to additional port fees for each voyage as of October 14. The ministry stated that the fees were a countermeasure to upcoming U.S. Port fees.
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December 12, 2025
Data from industry sources showed that Russia's seaborne exports of oil products in November fell by 0.8% compared to October, at 7,494 million metric tons. The impact of drone strikes?on the energy infrastructure has been offset by a certain…
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December 5, 2025
The local emergency centre reported on Friday that a Ukrainian drone attack was responsible for a fire in the Russian port of Temryuk at the Azov Sea. Temryuk is a company that deals with liquefied Petroleum Gas (LPG), oil and petrochemical products, grain and other bulk foods.
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November 17, 2025
Emergency services reported on Monday that a Russian attack in Ukraine's southern region Odesa caused fires to spread at ports and energy infrastructure. Oleksii Kulba, the Deputy Prime Minister of Restoration for Telegram, wrote that the attack…
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October 14, 2025
These are the most popular stories from the New York Times' business pages. These stories have not been verified and we cannot vouch for the accuracy of these reports. Patrick James, the chief executive officer of First Brands (an auto parts…
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on
October 13, 2025
According to two industry sources, the Caspian Pipeline Consortium increased its oil exports by 9% per day in September compared to August, to 6.6 millions metric tons or 1.75million barrels daily. CPC exports oil via a pipeline that carries over 80% of all Kazakh crude oil exports.
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October 10, 2025
The differential between Brent and Urals crudes dated Friday remained stable, but Russia's oil imports from western ports are expected to remain close to their record high for October, according both to industry sources as well as calculations.
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October 2, 2025
Kaztransoil, the company that operates the Druzhba oil pipeline in Russia, reported on Thursday that Kazakhstan exported 180,000 metric tonnes of oil to Germany through this pipeline during September. The company had previously stated that oil supplies to Germany reached 190,000 tonnes in August.
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September 11, 2025
Two sources familiar with the plans said that Russia will reduce ESPO Blend oil loads from its Far East Kozmino Port in September from 4.2 millions tons to 4,000,000 metric tons (about one million barrels per a day), from 4.2million tons in August.
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September 9, 2025
The differentials between Brent and Urals crudes in Russia were not much changed on Tuesday, while the oil exports at the Caspian pipeline consortium (CPC) terminal remained stable despite a spill of oil that occurred late August. CPC Blend…
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August 31, 2025
Nearly 60,000 Ukrainians were left without power overnight after Russian drones attacked power plants in the north and south of Ukraine. President Volodymyr Zelenskiy has promised to retaliate with more strikes inside Russia. In the last few weeks…
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August 1, 2025
Panama Ports Company said that on Friday it would communicate with the Panama Government at the appropriate time regarding the sale of two important ports it operates near to the Panama Canal. Hong Kong's CK Hutchison owns 90% of PPC. The company…
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July 21, 2025
On Monday, the Israeli military launched a new attack on Houthi targets at Yemen's Hodeidah Port. The militants who are backed by Iran have been attacking ships bound for Israel with missiles and striking them. Israel Katz, Minister of Defence in Israel…
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July 14, 2025
The port's director announced on Monday that imports into the largest U.S. seaport, Los Angeles, rebounded in June. They finished up 10% from a year earlier and contributed to a record volume for the entire month. Last month, the Port of Los Angeles received 470,450 TEUs of cargo after the U.S.
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June 23, 2025
Marine Traffic's ship tracking data revealed on Monday that three empty oil and chemicals tankers had diverted from the Strait of Hormuz, and changed their course. This was amid increasing uncertainty about whether Iran would retaliate in the crucial waterway following U.S.
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June 17, 2025
China and Central Asian nations are willing to improve road, rail, and air connectivity. They will also look to increase direct flights from and to China, as they agree to enhance their exchanges. China said it would simplify visa procedures for the five Central Asian nations…
