Oil Products News

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Romania Deploys Vessel, Helicopter to Find Stray Black Sea Mines

damaged in an explosion.Russia invaded Ukraine in February 2022, and mines have since then been laid in the Black Sea by the combatants. Romanian, Bulgarian and Turkish military diving teams have been defusing those that have drifted into their waters.The sea is crucial for shipments of grain, oil and oil products and is shared by Bulgaria, Romania, Georgia and Turkey, as well as Ukraine and Russia.Romania's navy said its divers were still investigating whether the explosion at the pier, which claimed no victims, was caused by a mine.Reports of a separate mine drifting near the port of Mangalia were

(Photo: Romania Ministry of Defense)

Romania Defuses Drifting Mine off Black Sea Coast

said.Mines began floating in the Black Sea after Russia invaded Ukraine on Feb. 24, and Romanian, Bulgarian and Turkish military diving teams have been defusing those drifting in their waters.Russia and Ukraine accuse each other of planting them.The Black Sea is crucial for shipment of grain, oil and oil products. Its waters are shared by Bulgaria, Romania, Georgia and Turkey, as well as Ukraine and Russia.Romania's defense ministry said the mine defused on Sunday, the second handled by the Romanian military since March, was drifting some 2 nautical miles off the Romanian shore. Read full storyThe

© Grispb / Adobe Stock

Turkey Defuses Stray Naval Mine in the Black Sea

."The mine detected off the coast of Igneada was deactivated by SAS (underwater defense) teams," the Turkish defense ministry statement said, referring to a district in Turkey's Kirklareli province which borders Bulgaria.The Black Sea is a major shipping route for grain, oil and oil products. It links to the Marmara and the Mediterranean seas via the Bosphorus strait, which runs through the heart of Istanbul, Turkey's largest city with 16 million residents.A shipping executive said the mines threatened shipping."The stray mines pose a major risk in the Straits as they could

IMB: Guard Against Threat of Cyber Attacks

;We have found that one of the main blockers in improving this is a real translation problem when corporate IT security teams attempt to impose their standards on industrial control systems or maritime control systems. KPMG’s work with the operator of one of the largest fleets of crude oil and oil products tankers and liquefied natural gas carriers in the world, found that bridging that gap and coming up with pragmatic solutions to improve industrial control systems security without compromising process efficiency or safety, are vital to the success of industrial control systems cyber risk management

Photo: Statoil

Statoil: ESA Conducts Inspection

the inspection relates to potential abuse of possible dominant position by another party, contrary to Article 54 of the EEA Agreement. The suspected violations are related to the Platts' Market-On-Close (MOC) price assessment process, used to report prices in particular for crude oil, refined oil products and biofuels, and may have been on-going since 2002. www.statoil.com  

Proposed Multi-Pipeline Route: Image credit Port of Rotterdam

Unusual Inter-Port Pipeline Project Planned

a set of pipelines running in parallel. In the near future the port authorities will use these results to draw up a joint business proposal for submission to potential investors and users in their respective ports. Route study
 A study has been carried out for a group of four pipelines to carry oil products, chemicals, industrial gases and carbon dioxide respectively. The proposed route runs 130 km from the centre of the port in Antwerp to the Maasvlakte area of the port of Rotterdam. Part of this route will follow the existing 75 km pipeline corridor that runs through Brabant, Moerdijk and the South

Photo: Eni

Eni Announces Production from Junín-5 Giant Heavy Oil Field in Venezuela

of 240,000 barrels a day by the end of 2018. Throughout the expected 40 years of the field life, the drilling of nearly 1,500 wells is planned. The diluted crude oil of Junín-5 will be transported to PetroBicentenario’s Refinery in Jose where it will be processed and converted into oil products (diesel, naphtha and LPG) to be exported. In Venezuela, Eni is also co-operator in Cardón IV, the operating company which manages the super-giant Perla gas field. The current estimated Perla gas in place is approximately 17 Trillion cubic feet (Tcf), or 3.1 billion barrels of oil equivalent

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