EXCLUSIVE: Nato arrests Libya-bound oil tanker
Pressure increases to stop lifting of Ras Lanuf crude cargo; Ghanem in Vienna; TNC "to attend Opec meeting"
Nato this morning detained a tanker in Malta that was due to ship fuel from Italy to a port in western Libya, a senior Libyan source told Petroleum Economist. The Jupiter was destined for a port within the Qadhafi-held east and the well-placed sourced said it was carrying 12,750 tonnes of gasoline for use by the regime's military forces. A Nato official told Petroleum Economist that the ship was boarded "and told it cannot deliver its gasoline because fuel is being diverted to regime forces". He added that the ship was now at anchor off Tripoli awaiting instruction from its owner. Nato response Nato added: "It is the Qadhafi regime which is depriving its own citizens of vehicle fue

Also in this section
7 August 2025
The quick, unified and decisive strategy to return all the barrels from the hefty tranche of cuts from the eight producers involved in voluntary curbs signals a shift and sets the tone for the path ahead
7 August 2025
Without US backing, the EU’s newest sanctions package against Russia—though not painless—is unlikely to have a significant impact on the country’s oil and gas revenues or its broader economy
6 August 2025
Diesel market disruptions have propelled crude prices above $100/bl twice in this century, and now oil teeters on the brink of another crude quality crisis
5 August 2025
After failed attempts to find a buyer for its stake in Russia’s largest oil producer, BP may be able to avoid the harsh treatment meted out to ExxonMobil and Shell when they exited—and could even restart operations if geopolitical conditions improve