Keywords: Oil transport


BP to transfer operation of BTC pipeline to Azerbaijan’s SOCAR

British energy company BP has announced that it is on track to transfer operational control of the Baku-Tbilisi-Ceyhan (BTC) oil pipeline to Azerbaijan’s state oil company SOCAR starting July 1, as part of a contractual arrangement. The BTC pipeline, which has been in operation since 2006, is......

Panama reaffirms neutrality of canal amid global shipping tensions

The government of Panama has reiterated the neutrality of the Panama Canal, emphasizing its critical role in global trade as international shipping routes face disruption due to geopolitical tensions in the Middle East. Officials stressed the importance of maintaining open and stable maritime corridors......

Morocco Fortifies Domestic Oil Transport Capabilities with New Korean-Built Tanker

Morocco's ambitions in the petroleum sector continue to soar as the nation strengthens its domestic oil transport capabilities with the addition of a new South Korean-built tanker. Set for assembly at the Casablanca shipyard, this vessel marks a significant stride in Morocco's strategic vision......