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Energy (TRBC level 1)

Indonesian Coast Guard Seizes Iranian Supertanker Suspected of Illegal Oil Transshipment

by Chief editor of world-today-news.com July 11, 2023

written by Chief editor of world-today-news.com

The Indonesian Coast Guard Agency (BAKAMLA) announced on July 11 that it had seized an Iranian-flagged supertanker suspected of being involved in illegal transshipment of crude oil, and indicated a policy to strengthen maritime security. The photo shows the Iranian flagged MT Arman 114 and the Cameroonian flagged MTS Tinos, released by BAKAMLA on the 11th (2023 Reuters)

[ジャカルタ１１日ロイター] – The Indonesian Coast Guard Agency (BAKAMLA) announced on the 11th that it had seized an Iranian-flagged supertanker suspected of being involved in illegal transshipment of crude oil, and indicated a policy to strengthen maritime security.

The tanker (VLCC) was named MT Arman 114 and was carrying 272,569 tons of light crude oil worth 4.6 trillion rupiah ($304 million).

Aan Kurnia, director general of BAKAMLA, explained to reporters that the vessel was found to be transshipping crude oil with a Cameroon-flagged MTS Tinos near Indonesia’s North Natuna Sea on the 7th, and that it had been seized.

Both vessels tried to escape, so officials focused on tracking the MT Arman and said they had received help from Malaysian authorities after the tanker entered Malaysian waters.

The tanker is also suspected of violating other maritime regulations, including manipulating an automatic identification system (AIS) to falsify its location.

#Indonesia #Iranflagged #tanker #seized #Suspicion #illegal #oil #transshipment
2023-07-11 05:41:00

July 11, 2023 0 comments

Business

Saudi Aramco’s net profit rises 46% year-on-year to record high

by Chief editor of world-today-news.com March 12, 2023

written by Chief editor of world-today-news.com

Saudi Arabia’s state oil company Saudi Aramco announced on March 12 that it posted a record net profit of $161.1 billion in 2022, up 46% from the previous year. Soaring energy prices, increased sales volumes, and expanded refining margins provided tailwinds. FILE PHOTO: An oil facility in Abqaiq, Saudi Arabia, December 2019. REUTERS/Maxim Shemetov

DUBAI (Reuters) – Saudi Aramco posted a record net profit of $161.1 billion in 2022, up 46% from the previous year, it said on Thursday. Soaring energy prices, increased sales volumes, and expanded refining margins provided tailwinds.

Free cash flow in 2022 also hit a record high of $148.5 billion, up from $107.5 billion a year earlier.

Capital spending rose 18% to $37.6 billion. It expects to make around $45 billion to $55 billion this year, and is on track to boost production capacity to 13 million barrels per day by 2027, he said.

Amin Nasser, meanwhile, said, “For the foreseeable future, we assume that oil and gas will continue to be a vital (source of energy), so there is no risk of underinvestment across the industry. It’s realistic,” he said. In order to solve these problems, it revealed that it is also investing in new low-carbon technologies that can further reduce greenhouse gas emissions.

The dividend for the fourth quarter of 2022 was $19.5 billion, up 4% from the previous quarter.

March 12, 2023 0 comments

World

Norwegian police detain Greta temporarily during protest demonstration | Reuters

by Chief editor of world-today-news.com March 1, 2023

written by Chief editor of world-today-news.com

Swedish environmental activist Greta Thunberg was detained twice by police during a protest in support of indigenous human rights in the Norwegian capital Oslo on the 1st. FILE PHOTO: Oslo, 2023. REUTERS/Alf Simensen/NTB/via REUTERS

OSLO (Reuters) – Swedish environmental activist Greta Thunberg was twice detained by police on Wednesday during a protest in support of indigenous human rights in the Norwegian capital Oslo. Police took Thunberg and her other activists away from the Ministry of Finance and then from the Ministry of Climate Change and the Environment.

Thunberg and other activists protested on February 27 calling for the removal of 151 wind turbines from reindeer pastures of the Norwegian nomadic Sámi. He argues that the transition to green energy should not come at the expense of the rights of indigenous peoples.

Activists have blocked access to some government facilities in recent days. Norway’s left-wing minority government has been forced to cancel a state visit to Britain by Oil and Energy Minister Arsland.

Norway’s Supreme Court ruled in 2021 that turbines from two wind farms in Vossen, which are part of Europe’s largest onshore wind farm complex, violate indigenous rights under international treaties. . But more than 16 months later, it’s still working.

Thunberg, carrying a Sami flag, was escorted from the Ministry of Finance by police as hundreds of demonstrators chanted slogans.

Thunberg and other demonstrators were then turned away by police again after blocking the entrance to the Ministry of Climate Change and Environment.

Thunberg was later released along with other activists detained with him.

March 1, 2023 0 comments

World

Russia starts supplying crude oil from Kazakh to Germany Stops in Poland | Reuters

by Chief editor of world-today-news.com February 27, 2023

written by Chief editor of world-today-news.com

Russian state-owned pipeline company Transneft has started supplying Germany with crude oil from Kazakhstan through the Druzhba pipeline. (2023 REUTERS/Maxim Shemetov/File Photo)

MOSCOW (Reuters) – Russia’s state-owned pipeline company Transneft began supplying Germany with crude oil from Kazakhstan on Monday through the Druzhba pipeline. On the other hand, crude oil supply to Poland, which is a transit point, was stopped. This was reported by several Russian media outlets.

On December 5, 2022, the European Union (EU) banned the import of Russian crude oil by sea into the region. However, in order to secure supplies to the landlocked countries of the EU, imports through pipelines continue.

Kazakh oil pipeline operator Kaztransoil said on Monday it had shipped 20,000 tons of crude oil to Germany via the Druzhba pipeline.

Landlocked Kazakhstan is heavily dependent on its neighbor Russia for energy exports and is not subject to Western sanctions.

Citing Transneft, TASS reported that as of late February, the paperwork for oil supplies to Poland had not been completed, cutting off supplies to Polish customers.

Polish refiner PKN Oren said on Monday it had cut supplies from Russia and said it would make up the shortfall from other sources. PKN said on Wednesday that it has no business relationship with Transneft.

Oil supplies to Slovakia and the Czech Republic via the southern part of the Druzhba pipeline continue as normal, according to several oil pipeline operators.

February 27, 2023 0 comments

World

Russia asks US to answer Reported involvement in Nord Stream explosion | Reuters

by Chief editor of world-today-news.com February 8, 2023

written by Chief editor of world-today-news.com

Russia’s Foreign Ministry spokeswoman Zakharova said on Monday that the United States was responsible for last year’s explosions in the Nord Stream 1 and Nord Stream 2 undersea pipelines that carry natural gas from Russia to Europe. “The US administration needs to comment on all the facts,” he said. FILE PHOTO: Russian Foreign Ministry Spokesperson Zakharova speaks at a press conference in Moscow January 18, 2023. REUTERS/Shamil Zhumatov

(Reuters) – Russian Foreign Ministry spokeswoman Zakharova said on Monday that the United States was responsible for last year’s explosions on the Nord Stream 1 and Nord Stream 2 undersea pipelines that carry natural gas from Russia to Europe. “The U.S. administration needs to comment on all the facts,” he said.

U.S. journalist Seymour Hayes reported on his blog on Thursday that the U.S. was behind the Nord Stream explosion. Reuters has not independently verified this information.

The White House said Mr Hersh’s information was “absolutely false and completely fabricated.”

The Russian government has repeatedly accused the West of being responsible for the Nord Stream explosion and gas leak last September, without providing any evidence.

February 8, 2023 0 comments

World

Nationwide power outage in Pakistan, power grid failure gradually restored | Reuters

by Chief editor of world-today-news.com January 23, 2023

written by Chief editor of world-today-news.com

Pakistan’s energy ministry announced on January 23 that a major disruption to the national power grid occurred in the morning, causing power outages across the country. FILE PHOTO: Karachi, Pakistan, December 2018. REUTERS/Akhtar Soomro

[イスラマバード２３日ロイター] – Pakistan’s energy ministry announced on Friday morning that there was a major disruption to the national power grid, causing power outages across the country.

“According to initial information, a frequency loss occurred in the national power grid at around 7:34 a.m. local time today, causing a major outage,” the ministry said in a statement. there is,” he said.

Power outages hit major cities such as Karachi, Islamabad, Lahore and Peshawar.

Electricity Minister Khurram Dastgil told a national television program that frequency fluctuations were reported when systems started up this morning between Jamshoro and Dadu in the south, saying: “There were fluctuations in the voltage and the systems were shut down one by one. “It’s not a serious crisis,” he said. He said some power grids have already been restored.

The phase later told Reuters that a voltage spike in the southern power grid had affected the entire power grid. He said power was being restored in stages from the north and expected to be fully restored by 10 p.m. local time.

The country experienced a large-scale power outage in October last year. Senior government officials have blamed aging power grids for the downfall.

January 23, 2023 0 comments

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