Trafigura

Yemen's Houthi rebels have claimed responsibility for a missile attack on the British oil tanker "Marlin Luanda" in the Gulf of Aden, resulting in a confirmed fire on board, according to maritime security firm Ambrey. Fortunately, no injuries were reported among the crew members. The Houthi military spokesman stated that the strike was direct and led to the ship's burning.

Russian oil giant Lukoil said on Jan. 9 that it had reached a deal to sell its refinery in Sicily to a Cyprus-based fund, pending approval from the Italian government.

The ISAB refinery, one of Europe's largest, was in danger of ceasing operations because of the EU embargo on the import of Russian crude oil by sea amid the Ukraine invasion, which came into force on Dec. 5, 2022.

Work on the Nord Stream 2 pipeline was completed in September, but no gas will flow through it in the coming months. Germany stopped the procedure for its certification and as soon as it became known, energy prices increased by 18%. As Le Monde predicts, gas and electricity prices will remain high in the near future.

Brazil's Petrobras found suspicious activity in its oil trading business - and failed to stop it - six years before an alleged bribery scandal erupted in that unit in 2018, according to three people with knowledge of the situation and documents seen by Reuters.

Israel has reportedly purchased as much as 77 percent of its oil supplies from the Kurdistan Regional Government (KRG) in northern Iraq, providing them with an essential source of funding in their campaign against the Islamic State of Iraq and the Levant (ISIL), a new report in the Financial Times revealed on Aug. 24.