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April 23, 2026
In the past decade, we have seen a rapid succession global energy crises, fueled by conflict, extreme weather and supply chain snarls. The highly fragmented oil and gas market of today is becoming more interconnected, and as the transition to a low-carbon economy accelerates…
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April 14, 2026
This week, oil and gas 'producer ENI?finished loading the first cargo of Venezuelan heavy?crude to reach Spain in nearly two years. Since Caracas and Washington agreed on a landmark supply deal in January, trading?houses such as Trafigura, Vitol…
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April 12, 2026
Bonds FlyingRoos, the three-time SailGP champions from Australia, took the SailGP lead after a dominating weekend in Brazil. They won all four races on Sunday in Rio de Janeiro. Tom Slingsby led the Australian team in Guanabara Bay, in front of the Sugarloaf Mountain…
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April 11, 2026
Sweden's Artemis, who won the first SailGP race in South America on Saturday, struggled to finish the day and finished third behind the current SailGP leaders Australia's Bonds Flying Roos -and the U.S. SailGP Team. Artemis, helmed by?America's…
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April 6, 2026
According to a document from the company and data about shipping, on Monday, an Indian refiner Reliance Industries unit commenced loading a cargo of Venezuelan crude oil that was 'directly purchased from state-run energy company PDVSA. Caracas…
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April 1, 2026
According to data from ship tracking, Venezuelan monthly 'oil exports' surpassed 1 million barrels per a day for the first since September. Sales to refiners and trading houses in India, as well as shipments to the Caribbean by trading companies for storage, pushed up the volumes.
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March 25, 2026
According to documents and data on shipping, U.S. suppliers shipped approximately 30,000 barrels of fuel this year to Cuba's private industry. This suggests a Trump administration plan to give the private sector a boost over state-run enterprises is in full swing.
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March 23, 2026
Japan Petroleum Association President Shunichi Kito said on Monday that North America was a potential source of alternative crude oil for Japanese refiners. Ecuador, Colombia, and Mexico were also considered as options. Oil buyers around the…
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March 11, 2026
Organisers announced on Wednesday that Rio de Janeiro was preparing to host the 'SailGP Brazil debut' in April. The event is expected to attract tens of thousands to one city's most famous beaches, after it was cancelled due to equipment problems a year ago.
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March 11, 2026
Ship tracking data reveals that an oil tanker, seized by the United States for carrying Venezuelan crude oil, is going to 'transfer' the crude oil to a smaller vessel near the Texas coast which can then take it to shore. Last month, the United…
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March 10, 2026
Brent 'oil prices will remain above $95 per barrel for the next two months, according to the Energy Information Administration in its short-term energy outlook report. Brent crude futures will then drop below $80 per barrel in the third quarter…
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March 6, 2026
Venezuela resumed this month exports of the diluted crude oil (DCO) that has not been shipped since late 2024. U.S. Chevron sent a 500,000 barrel cargo to the U.S. Gulf Coast. This grade is popular with refiners from countries such as the United States and India.
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March 3, 2026
Venezuelan oil exports 'fell 6.5% from a month ago to'some 737,000 barges per day' as more shipments into the 'United States' and 'Europe' 'couldn't fully offset the 'loss' of what used to be OPEC's main market - China', according to documents and vessel monitoring data from the state company PDVSA.
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February 26, 2026
Sources familiar with the transaction said that Saudi Aramco’s U.S. Trading division purchased a cargo?of Venezuelan Boscan heavy crude for delivery in March, marking its first purchase of this heavy crude suitable for asphalt production. One…
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February 26, 2026
OPEC+ will meet on Sunday to decide its next production step amid increased geopolitical tensions that affect nearly a third?of?its output. This volatility could give the group the cover it needs to maintain its narrative of a balanced market, even though the facts in the field suggest otherwise.
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February 24, 2026
Four sources and shipping data indicate that buyers and trading houses of Venezuelan oil chartered the very large crude carriers to export the South American nation?since the Caracas-Washington deal was signed. This move will boost deliveries to India.
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February 24, 2026
Sources and data indicate that trading houses and buyers of Venezuelan oil chartered the very large crude carriers to export from the South American nation since the Caracas-Washington deal was signed. This is expected to increase shipments to India and speed up the process starting in March.
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February 20, 2026
According to a decision signed by federal Judge Shamyl Cipriano, a Brazilian court restored late on Wednesday an order allowing?access?to the Santarem River port terminal operated by U.S. grain traders Cargill. The Brazilian court reinstated…
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February 14, 2026
Four sources told us that Venezuela's PDVSA, the state-owned oil company, has refused to sell to companies who do not have individual U.S. licences. This is limiting the exports of oil and stopping the country from draining its brimming tanks more quickly.
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February 12, 2026
American 'Magic', the sailing team owned by U.S. sports investor Doug?DeVos and based in New Zealand, bought Danish SailGP record-holders ROCKWOOL racing for $60 million. The deal was announced on the eve before the New Zealand event of the global league.
