LSEG data indicated that around 1.4 million mt of Russian crude oil were recorded as bound for Singapore in January, marking the highest monthly total in...
‘Singapore fully implements United Nations Security Council resolutions and does not condone illegal or deceptive activities by shadow fleet vessels,” says Acting Transport Minister.
Transaction does not include the assets in Kazakhstan which will remain to be owned by Lukoil Group and continue their operations under respective license, says company.
OFAC has extended the license that authorises negotiations and entry into contingent contracts with Lukoil for sale of Lukoil International or any of LIG's majority-owned subsidiaries...
The developing situation calls for continued monitoring and heightened due diligence, and should extend to monitoring of flag state records and historical movements to anticipate any...
Chevron and Quantum Capital Group are reportedly joining forces on a bid to buy sanctioned Russian oil company Lukoil’s international assets, valued at USD 22 billion.
Company highlighted US’ seizure of tanker “Skipper” and how this indicates that the dark fleet's days of operating with impunity are numbered.
United Kingdom has issued a general licence that allows transactions with Lukoil International GmbH, the international division of Russian oil company Lukoil, for three months.
Shipowners’ demand for ‘cheapest compliant fuel’ suggests a potentially more competitive and shrinking market for LSFO, forecasts Choong Sheen Mao, COO at Equatorial.
Employees in Geneva, Dubai and Singapore have received termination offers and begun signing agreements, according to media report.