Oil smuggling remains highly profitable despite sanctions on Russia, Iran, and Venezuela, which together produce about 16 ...

Unless Western governments are ready to accept higher prices, Russia, Venezuela and Iran will continue to evade sanctions ...

And thank you all for joining us at our Q4 and 12 months 2024 Conference Call. I’m Harry Vafias, the CEO of Imperial Petroleum; and joining us today is Fenia Sakellari who will be discussing our ...

Venezuela's state oil company PDVSA has resumed regular imports of light crude as its own output of medium and light grades ...

Ceres I was already notorious. Since June 2023, Lloyd’s List had linked the vessel to the “shadow fleet”. These are vessels ...

Venezuela's oil production is rebounding as tanker ships return to its coast, yet Maduro's recent election is criticized for lack of fairness. Things seemed to be looking up for Venezuela in 2022.

Harry Vafias; Chief Executive Officer, President & Chairman; Imperial Petroleum Inc ...

Tightened U.S. sanctions on Moscow have disrupted a roaring trade in discounted Russian oil to China and India, reviving ...

Oil wells roared back to life and massive tanker ships returned to Venezuela’s coast to be filled with heavy, hard-to-refine crude destined for the U.S. Maduro's promised election was neither ...

The Biden administration’s expanded sanctions on Russian oil producers and tankers are a significant ... anticipated tougher stances on Iran and Venezuela by U.S. policymakers.

More than 60% of the tankers involved in shipping ESPO from ... China has been sourcing more oil from outside Russia. Maritime intelligence company Windward said the US measures were part of ...

Tariffs on crude oil — or witholding it entirely — in response to Trump's threats would cause pain on both sides of the ...