Tag: Oil
-
Russia bans diesel exports as fuel shortages in Russia continue to tighten
Russia has banned diesel exports earlier this week on Wednesday via a decree signed by Russian Prime Minister Mikhail Mishustin as fuel shortages in Russia continue to tighten. The diesel export ban has been set until 31st July and follows an earlier ban of petrol and aviation fuel exports. Pending orders on delivery issued before…
-
Russia starts importing petrol from India as its refineries go out of service
Russia has begun importing petrol from India and seeking supplies from Kazakhstan as many of its oil refineries go out of service as a result of Ukraine’s coordinated and systematic strikes against Russia’s oil industry. In a rare reversal for one of the world’s largest exporters of crude oil and refined products, Russia has started…
-
Europe uses more gas and more nuclear and less oil in 2025 for electricity production
According to the latest Eurostat figures, Europe used more gas and slightly more nuclear energy for electricity generation in 2025, while oil and coal continued to decline. Renewable energy sources remained the largest source of electricity generation in the EU, accounting for 47.2% of total electricity production. Renewables generated 1.33 million GWh in 2025, although this…
-
France’s seizure of Deliver came during heightened unusual activity in Hurd’s Bank
The seizure of the Russian shadow-fleet tanker Deliver by France on Tuesday last week came amid heightened and unusual activity at Hurd’s Bank. Over the past two weeks, the number of oil tankers anchoring at Hurd’s Bank has increased, along with the passage of oil vessels attempting to conceal the provenance of their cargo —…
-
France seizes Russian shadow fleet tanker off the Sicilian coast
France is continuing its crackdown on Russian shadow fleet vessels in Europe. Earlier today, French President Emmanuel Macron announced that France seized the Russian shadow fleet tanker Deliver (IMO: 9194983) off the Sicilian coast on Tuesday. France has been on the forefront in Europe at enforcing sanctions against the Russian shadow fleet along with Sweden…
-
Greek shippers remain the lifeblood of the Russian economy
Greek shippers remain the lifeblood of the Russian economy as they remain the prime carriers of Russian oil effectively sustaining the Russian war economy and the Russian invasion of Ukraine. The Russian economy would collapse if Russian oil is not sold, and as Ukraine exerts maximum pressure on Russia with its attacks on the Russian…
-
Britain seizes Russian shadow fleet vessel
Earlier this morning, Britain has seized the Russian shadow fleet vessel, the Smyrtos outside its coast in the English channel. The vessel had departed from the Russian port of Ust-Luga, and this is the first seizure of a Russian vessel by Britain after a series of seizures by France and Sweden. The vessel was sanctioned…
-
We’re buying Russian oil now – and apparently it’s OK
Malta imported at least two batches of Russian oil cargo since the war on Iran started, once on the 24th March and the other time on the 12th May. The imports were sold in Malta by a Greek-owned ship called Romeos, and the oil was transported and bunkered by the local bunkering company called Zeta…
-
Who is trading Russian oil in Malta? It’s Alkagesta of course
The link between Alkagesta, Malta’s largest oil trader and bunkerer and the Greek shippers, who come to Hurd’s Bank, bearing Russian oil can’t even be more clearer. Alkagesta is sourcing Russian oil bought originally under the EU-imposed price cap by Greek shippers which is then bunkered by the local industry at the Evos terminal in…
-
Unusual vessel detected: Malta Prosperity
A large oil tanker called the Malta Prosperity (IMO: 9389033) has been tagged in our investigations on Russian oil trading as a high risk vessel. The vessel is being described as high risk due to its lengthy times at anchorage including a long period anchored at Hurd’s Bank, without having a clear identified source of…
-
EXCLUSIVE: Malta buys Russian oil during the war on Iran
As part of a very extensive investigation that we have been conducting for more than a year, The Maltese Herald can reliably confirm with documented evidence that Malta has been buying Russian oil and that these purchases have increased during the war on Iran. These purchases are being made in Hurd’s Bank where illegal activity…
-
Greek shippers come to Hurd’s Bank bearing Russian oil
Greek shippers remain major traders and transporters of Russian oil with many of them using Malta as a base for their paper operations and registrations. Greek shippers may also be using Hurd’s Bank as a selling point for Russian oil. The Greek owned King Philippos (IMO: 9601194) is currently anchored at Hurd’s Bank after having…
