US puts CNOOC on the blacklist
China’s third-biggest oil company, China National Offshore Oil Corp., faces a U.S. blacklist. The move comes as Trump plans new hard-line moves against China during final weeks of his term.
Read moreChina’s third-biggest oil company, China National Offshore Oil Corp., faces a U.S. blacklist. The move comes as Trump plans new hard-line moves against China during final weeks of his term.
Read moreThe U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) added seven individuals and 10 entities to the Specially Designated Nationals and Blocked Persons List, pursuant to Syria sanctions authorities.
Read moreThe US imposed new Iran-related sanctions targeting the Islamic Republic’s oil sector, including the Iranian Ministry of Petroleum.
Read moreThe US blacklisted two Chinese men and six Chinese entities for dealing with Iranian shipping company Islamic Republic of Iran Shipping Lines (IRISL) and, in some cases, helping it to evade US sanctions.
Read moreAfter defying U.S. sanctions by shipping a cargo of oil condensate to Venezuela last week, Iran is now using the same ship to help Venezuela export its crude.
Read moreAn Iranian supertanker, identified as Honey, arrived at the Venezuelan port of Jose Terminal, carrying 2 million barrels of natural gas liquid (NGL).
Read moreDaniel A. Tadros, J.D., Chief Legal Officer for the Managers of the American P&I Club, reviews the latest developments in the area of sanctions and compliance that all vessel operators need to be aware of as they emerge from lockdown and return to business as usual.
Read moreAccording to Reuters, Venezuela's refineries have almost halted operations because of underinvestment while U.S. sanctions meant to force the ruling Socialist Party from power have severely restricted fuel imports.
Read moreThe US is pressuring shipping companies, insurers, certifiers and flag states that register vessels, according to Washington’s special envoy on Venezuela, Elliott Abrams, in an interview with Reuters.
Read moreThe US on Wednesday imposed sanctions on five Iranian ship captains who delivered oil to Venezuela, Secretary of State Mike Pompeo informed speaking at a news conference.
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