Oil Tankers News


Venezuela's Oil Exports Plunge to 1940's Level Under Tighter U.S. Sanctions

Jan 04, 2021

Pressured by strict U.S. sanctions, Venezuela's oil exports plunged by 376,500 barrels per day (bpd) in 2020, according to Refinitiv Eikon data and internal documents from state-run PDVSA, financially squeezing socialist President Nicolas Maduro…

Louisiana Offshore Oil Port Suspends Tanker Loading Due to Storm

Sep 14, 2020

The Louisiana Offshore Oil Port (LOOP) suspended tanker offloading at its offshore marine terminal on Sunday because of Tropical Storm Sally, the company said in a statement posted on-line.The LOOP is the nation's only oil port able to receive the largest crude oil tankers…

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