Venezuela Oil Ships Head to US as Storage Nears Capacity
Three Chevron-chartered tankers are transporting Venezuelan crude to the US, as sanctions cause a major storage buildup. Get the latest on the oil shipments and the looming capacity crisis.
Category : Search result: oil sanctions
NCAA to Impose Stiffer Sanctions for Flight Delays
Nigeria's aviation regulator warns of tougher penalties for domestic airlines causing chronic flight disruptions. Learn about the new enforcement measures and passenger rights.
US Forces Seize Venezuelan Tanker Amid Russian Escort
American military forces intercepted and seized a Venezuelan oil tanker in the North Atlantic, despite Russian naval protection. Get the full details on this major sanctions enforcement escalation.
US to Control Venezuela Oil Sales Indefinitely
US Energy Secretary Chris Wright declares indefinite US control over Venezuelan oil sales, aiming to revive production with billions in investment. Details on the plan and its implications.
Chevron Bids for Sanctioned Lukoil's Foreign Assets
US oil giant Chevron partners with Quantum Capital Group in a major bid for Lukoil's $22bn international portfolio. Read about the deal's timing and geopolitical implications.
US Seizes Russian Oil Tanker Over Sanctions
US authorities seized the Marinera oil tanker in the North Atlantic for violating sanctions linked to Venezuela and Iran. A second vessel was captured in the Caribbean. Full details on the international enforcement action.
US Seizes Russian Oil Tanker in North Atlantic
US forces seized the Russian-flagged Marinera oil tanker in the North Atlantic for violating sanctions linked to Venezuela and Iran. A second vessel was captured in the Caribbean. Read the full details.
U.S. Seizes Russian Oil Tanker in Atlantic After Venezuela Sanctions
The United States military seized a Russian-flagged tanker near Iceland following a dramatic two-week pursuit. This bold move escalates tensions amid the U.S. blockade of Venezuelan oil and the capture of President Maduro. Read the full details.
U.S. Seizes Russian-Flagged Tanker Linked to Venezuela
U.S. forces intercept a Russian-flagged oil tanker after a trans-Atlantic pursuit for violating sanctions on Venezuelan oil. Full details on the dramatic seizure operation inside.
Russian Navy Escorts Sanctioned Tanker Amid US-UK Chase
Russian naval ships escort a sanctioned Venezuelan oil tanker as US and UK forces prepare to intercept it in the Atlantic. Tensions escalate in a high-stakes maritime standoff. Read the full details.
Venezuela to Turn Over 30-50 Million Barrels of Oil to US
Former President Trump claims Venezuela's interim government will transfer sanctioned oil to the US, with proceeds controlled by Washington. Details on the plan and regional implications.
Trump's 18-Month Plan for US Oil in Venezuela
US President Donald Trump outlines a timeline for American oil companies to expand operations in Venezuela within 18 months, following the capture of Nicolas Maduro. Details inside.
US Venezuela Oil Plan Poses Risk to Nigeria's 2026 Budget
Experts warn that US efforts to revive Venezuela's oil industry could destabilise Nigeria's 2026 budget, which relies heavily on uncertain oil earnings. Discover the potential impact and calls for diversification.
Falana: Trump's Venezuela Action Breaches International Law
Nigerian SAN Femi Falana condemns Trump's military action in Venezuela as illegal, urges US Congress sanctions and UN intervention to uphold international law.
GIABA, NFIU, EGDC Push for Sanctions on Traffickers
West African leaders demand coordinated action against human trafficking, citing $150bn yearly profits. Financial intelligence key to disrupting criminal networks. Read more.
China Sanctions 20 US Firms Over Taiwan Arms Sales
Beijing imposes sanctions on 20 US defence companies, including Boeing, after a major US arms sale to Taiwan. Tensions escalate over the island's status.
CAF sanctions Egypt, Salah for media snub at AFCON 2025
Egypt's national team fined $5,000 by CAF for breaching media rules after AFCON win vs Zimbabwe. Mohamed Salah and teammates face warning ahead of South Africa clash.
Guinea-Bissau Junta Releases 6 Detained Opposition Politicians
Guinea-Bissau's military rulers release six opposition members detained since the November coup, calling it a step towards constitutional order. Read the latest on the crisis.
Amazon blocks 1,800 North Koreans from job applications
Amazon reveals it blocked over 1,800 North Koreans from IT jobs, citing 'laptop farms' and sanctions evasion. Read the full report on this global cybersecurity threat.
US Pursues Third Oil Tanker in Caribbean Near Venezuela
The US Coast Guard is actively pursuing another sanctioned oil tanker near Venezuela, intensifying pressure on Caracas's oil sector. This follows the recent seizure of the 'Centuries' tanker. Get the latest details.
Nigeria on US Performance Plan After Trump's Warning
Nigeria faces a US-imposed 'Performance Improvement Plan' after being labeled a 'disgraced country'. Can Tinubu's urgent security reforms save the nation from foreign intervention? Read more.
Russian court fines Austrian bank Raiffeisen $400m
A Russian court has ordered Austria's Raiffeisen Bank to pay nearly $400 million in compensation to a company linked to sanctioned oligarch Oleg Deripaska. The bank says it will appeal.
FIFA Sanctions Malaysia Over Ineligible Players
FIFA penalises Malaysia, awarding three 3-0 defeats for fielding ineligible players. FAM faces fines and backlash as case heads to CAS. Get the full story.
Venezuela Faces Deep Crisis as US Tightens Oil Blockade
A new US blockade on Venezuelan oil shipments could slash production and halve exports, pushing the economy deeper into crisis. Experts warn of severe impacts.
FIFA fines Malaysia $452k for forged player documents
FIFA slaps Malaysia with heavy fines and match forfeits for using ineligible players. This crackdown unfolds as Nigeria challenges DR Congo's player eligibility in World Cup playoffs. Read the full details.
Trump Announces Naval Blockade Against Venezuela
US President Donald Trump announces a maritime blockade on Venezuela, demanding the return of oil and land he claims were stolen. Get the full details on this escalating crisis.
Trump Orders Naval Blockade of Venezuela Oil Tankers
US President Donald Trump announces a total blockade of sanctioned Venezuelan oil vessels, escalating tensions. Learn the details and potential impact on the global oil market.
Golden Terra Oil Voted Nigeria's Top Healthy Cooking Oil
Nigerian consumers have voted Golden Terra Soya Oil as the Most Preferred Healthy Cooking Oil at the 2025 Consumer Value Awards. Discover why 72% chose this heart-friendly brand.
PDP Moves to Sack Rivers Lawmakers Over Defection
The Peoples Democratic Party (PDP) vows to use constitutional means to remove 17 Rivers State lawmakers, including Speaker Martin Amaewhule, who defected to the APC. Read the full details and political implications.
Serbia's Oil Refinery Shutdown Could Cost for Years
Experts warn Serbia faces years of economic fallout, job losses, and budget risks after the shutdown of its only oil refinery due to US sanctions on Russian owners. Read the full analysis.
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