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Citgo purchases first Venezuelan oil from Trafigura since 2019, sources claim

Posted to Maritime Reporter on January 29, 2026

Citgo Petroleum, a U.S. refiner, has purchased Venezuelan crude oil for its first purchase since 2019. This was when Citgo severed its ties with Petroleos de Venezuela (its parent company), two sources said on Wednesday. The 830,000-barrel-per-day refiner…

Citgo purchases first Venezuelan oil from Trafigura since 2019, sources claim

Posted to Maritime Reporter on January 29, 2026

Two sources with knowledge of the matter confirmed on Wednesday that Citgo Petroleum, a U.S. refiner, has bought Venezuelan crude for the first since 2019. That was when it severed its ties with Petroleos de Venezuela - the state-run oil company.

Shipping data shows that a tanker carrying Venezuelan heavy crude oil is heading to Louisiana.

Posted to Maritime Reporter on January 25, 2026

A crude tanker chartered Trafigura?departed from Venezuela's Jose Port?to Louisiana Offshore Oil Port?documents and LSEG data showed. This was the first cargo to go directly to the U.S. under a 50 million barrel supply agreement agreed between Caracas this month and Washington.

Sources say that Trafigura and Vitol offer Venezuelan crude oil to Indian and Chinese refiners in March for delivery.

Posted to Maritime Reporter on January 12, 2026

Sources from the trade said that Vitol, Trafigura and refiners in India or China have begun discussions about Venezuelan crude oil sales for cargoes due to arrive in March. On 'Friday, global commodities traders confirmed that they had reached agreements with the U.S.

In its turnaround plan, Eramet is focusing on manganese and lithium growth

Posted to Maritime Reporter on December 4, 2025

Eramet, the French mining company, said that it aims to increase its manganese and lithium deliveries from Gabon, as well as from Argentina, in order to improve its finances which has been affected by declining profits and increasing debt. Early December…

Source: Cathay Petroleum and Brazil's Prio in a marketing agreement

Posted to Maritime Reporter on September 26, 2025

A trading executive who has direct knowledge of this deal confirmed that the Asian trading firm Cathay Petroleum had agreed to an annual marketing deal for Brazilian crude oil throughout the Asia-Pacific region on behalf of independent producer Prio.

Singapore's Keppel claims $53 million from Seatrium in a corruption case involving Brazil

Posted to Maritime Reporter on August 26, 2025

Singapore's Keppel initiated arbitration proceedings on Tuesday against the local shipbuilder Seatrium over a S$68.4million ($53.33million) claim relating to a Brazilian corruption crackdown. Seatrium made a provision of S$82.4m in 2022 to pay Keppel for claims relating to Operation Car Wash…

What are the differences between India and Pakistan militaries as tensions increase after the attack in Kashmir?

Posted to Maritime Reporter on April 30, 2025

A 26-man attack on Hindu tourists in Indian Kashmir has caused tensions between India, Pakistan, and fears of conflict. Pakistan has said it has intelligence that India plans to launch military action. According to the International Institute for Strategic Studies in London…

Traders say that a group in Thailand purchased around 63,000 T of feed wheat.

Posted to Maritime Reporter on December 11, 2024

A group of animal feed importers in Thailand purchased approximately 63,000 metric tonnes of animal feed wheat during a Wednesday closing tender that sought up to 120,000 metric tons, European traders reported. The price was estimated to be…

Cepsa reports that Hafnia Nile tanker involved in the fire was carrying naphtha imported from Spain.

Posted to Maritime Reporter on July 23, 2024

According to the Spanish oil company Cepsa, the oil tanker Hafnia Nile was loaded with naphtha from the energy park of the company in Huelva. Cepsa received a report from Hafnia, the shipowner of the vessel involved in the collision near the island Pedra Branca on the South China Sea.

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