Asia

Three traders reported that Caspian CPC blend oil exports were 'planned at 1.5m barrels per day for September. This is a steady decrease from the 1.6m bpd of?August due to maintenance?at?the Karachaganak Oilfield. Weather-related disruptions, and drone strikes in Black Sea could affect actual CPC Blend oil loads next month. About 2% of global oil is supplied by the CPC pipeline, which transports Kazakhstani crude to a terminal near the Black Sea port in Russia, Novorossiysk. Shipowners prefer the CPC terminal to the Novorossiysk Sheskharis Terminal, according to traders, following Ukraine's pledge to stop?strikes against non-Russian ships leaving Black Sea...

Traders and analysts said that up to 70 vessels were waiting for access to Ukrainian ports in order to load grain for export. This is due to the lack of pilots, and other cargoes being given priority. After Russian attacks blocked Ukraine's Black Sea port, which handled 90% of its grain exports before, some shipments have been rerouted to Danube riverports which have a much smaller capacity. Exports are slowed by the fact that grain cargoes compete for access to ports with other shipments of a higher priority, such as fuel. Air raid alerts that force all port operations to...

The 'company' said on Wednesday that the repair work at NKHP, a?of three grain export terminals in Russia's?Black Sea main port of Novorossiysk could take as long as?four months after a Ukrainian attack. In the past few months, attacks have stopped almost all grain exports through ports on the Black Sea and Sea of Azov. Previously, 70% of Russian grain exports were shipped via these ports. On August 12, Ukraine launched a massive drone strike on Novorossiysk that took out all three grain terminals. The third terminal, which belongs to Delo Group and is owned by Demetra, was not damaged...

Friedrich Merz, the German Chancellor, said that the German government will soon reveal who is responsible for an attempted drone attack on Leipzig/Halle Airport earlier this month. Merz, speaking at a summit of the coalition, said that his government "works closely with security authorities to this end, and will soon set out this issue?and make a comment about it." Local?media cite security sources that suspect Russian intelligence of involvement in the attempted attack. Berlin, however, has not made direct accusations. A drone with explosives was discovered on August 4 near an Antonov cargo plane used for military supplies. Investigators suspect...

Erlan Akkenzhenov, Energy Minister of Kazakhstan, said that the country has reduced its oil production target for 2026 to 96 million metric tons from 98 millions due to Ukrainian drone strikes on the Caspian Pipeline Consortium. CPC transports around 80% Kazakhstan's oil via the Russian Black Sea Port of Novorossiysk. In recent months, tankers that serve the outlet were targeted by Ukrainian drones. This drew criticism from Kazakhstan. Akkenzhenov, speaking to journalists in Astana said: "The oil-production plan will be adjusted because of the attacks against the CPC... Due to the 'attacks in January, and the ongoing attacks throughout June...

German investigators have discovered a third drone and suspected explosives linked to the attempted attack on the Leipzig/Halle Airport this month, according to the NDR and WDR radio stations and the Sueddeutsche Zeitung. Media reports stated that the drone was discovered on August 14, 10 day after the incident. It was located?towards the west of airport where investigators also?found about 50 grams (1.8oz) of what they suspected as the military explosive hexogen. The office of the?prosecutor general?didn't immediately respond to an inquiry for comment. The reports cite security sources who suspect Russian intelligence involvement. This accusation has been denied by...

Three sources said that a train owned by Russian aluminium producer?Rusal, derailed over the weekend in Guinea's Dubreka Prefecture, halting exports of alumina and slowing production. Two company officials reported that the train carrying alumina fell off the track near Kagbelen, on Saturday evening. The incident injured four people and forced the suspension of rail traffic. Senior Friguia refinery officials said that alumina production continued at a slower pace after the accident but they could not quantify its impact. Exports are at a standstill. "A team has been dispatched on the site to assess and repair the situation," said the...

On Monday, President Vladimir Putin 'granted the Russian state authority to seize control of critical infrastructure that is not adequately protected against Ukrainian drone attacks or other threats. A presidential decree outlines the special powers that will allow Ukraine to temporarily take over management of these facilities. This is at a time where drone attacks on oil refineries, retail warehouses and other critical infrastructure have increased. According to the decree, the state can take control of assets such as physical or financial and formal ownership rights when entities in charge of these?facilities fail to do their job to protect them....

The Russian state was given the authority by President Vladimir Putin to take control of critical infrastructure facilities that are deemed to have been 'poorly protected' from Ukrainian drone attacks and other threats. A presidential decree outlines the special powers that will allow for temporary management of these facilities. This is at a time where?Ukraine is intensifying drone attacks against oil refineries and retail warehouses. According to the decree, the state can take over 'physical and financial assets' and formal ownership rights when the entity responsible for these 'facilities is judged to be negligent in protecting them and too slow...

APK-Inform, an agriculture consultancy, said that the Black Sea ports were blocked, causing a drop in weekly exports of key grains to Ukraine. This was 188,200 tons. The Russian missile and drone attacks on vessels and terminals in the Odesa port hub have effectively stopped operations since the end of July. APK-Inform reported that the?exports consisted of 119,300 tonnes of?wheat and 51,900 tonnes of _corn, as well as 17,100 tons barley. The report by the consultancy stated that "Trading of key grain crops is expected to remain subdued because of security risks in Black Sea ports, and due to limited...

Indian coastguards and navy carried out search-and rescue operations on Sunday off the eastern coast of India after a Panama flagged?bulk ship?carrying a crew of 24 sank. Two Chinese nationals were rescued. Shyam Jagannathan of India's Maritime Administration told Shyam that the two Chinese seafarers claimed the vessel called Ocean Winner developed a list and sank in eight minutes. This forced the crew to abandon the ship. Jagannathan stated that the chances of finding survivors usually fall after?the initial 12 hours. However, rescuers continued their search. Sarbananda Sonowal said, in a post on social media, that "all agencies are coordinating...

India's Coast Guard &?Navy conducted search and rescue operations on Sunday off the east coast of India after a cargo vessel?flagged by Panama sank with a crew of?24. Two Chinese nationals were rescued. Shyam Jagannathan is the director general of India’s Maritime Administration. He told reporters that two Chinese seafarers were rescued. They said their vessel began to list and sank in eight minutes. This forced crews to abandon ship. Jagannathan stated that the chances of finding survivors usually fall sharply after 12 hour, but rescuers are continuing their search. According to the Indian Coast Guard, 22 crew members are...

Three industry sources said that the?Ukrainian drone 'attack' on Russia's Nizhny Novgorod region caused a halt to?crude oil?processing at NORSI, Russia’s second largest?gasoline producer and fourth-largest refinery. A drone attack by Ukraine on the Russian region of Nizhny Novgorod on August 26 damaged an unspecified industrial building, according to local governor Gleb Nikitin. Lukoil - the owner of 'the refinery' - did not respond immediately to a'request for comment. Sources said that the drone attack had damaged a number of?processing units and inter-unit infrastructure, as well as general?plant equipment. The sources were unable to estimate how long it would be...

A spokesperson for PCK Schwedt in Germany said that the refinery is still running at around 80% of its capacity, despite the loss of Kazakh crude oil. Alternative imports through Poland's Gdansk Port have fully compensated for what was lost, according to a statement on Wednesday. Russia has stopped supplying Kazakh crude oil to Germany via the Druzhba Pipeline as of?May 1. This is a serious blow to the refinery that supplies the majority of fuel to Berlin and relies on Kazakhstan for 17%. PCK's?currently? supplied via?routes through Rostock and Gdansk allows it to maintain the operating levels reached when...

Four sources who have direct knowledge of the issue said that at least three Indian refineries?and one global energy giant plan to stop using ships on Iran's blacklist for transfers between ships, including ship-to-ship, because they are concerned about security. Tehran announced Sunday that it had compiled a "blacklist" of 45 vessels which, according to the Iranian government, have violated its rules when crossing the Strait of Hormuz. It also said that any vessel transferring cargo with these ships would be subjected to action. This is a further escalation of its threats regarding the vital waterway in the global energy...

Adani Energy Solutions, an Indian conglomerate, announced on Wednesday that it had won a transmission project worth $492.62 million (47 billion rupees) in Maharashtra. This is a major boost to the company's efforts to expand its clean-energy infrastructure. The company stated that the project would deliver up to 4,500MW of renewable energy and storage power within 36 months. The company will be able to add a total of?562 circuit kilometers of transmission lines, and 9,000 mMVA of capacity for transformation. India is racing to build the transmission networks needed to reach its target of 500 GW non-fossil power capacity by...

Three trade sources reported that freight rates for tanker shipments of Russia's flagship Urals oil from western ports to India - the grade's primary market - have risen in August due to a'strong demand' for vessels as well as mounting security risks relating to transporting Russian oil. Shipping costs are increasing, which is hurting the revenues of Russian oil producers who already face Western sanctions as well as a challenging geopolitical climate. Conflict in the Middle East has also impacted global shipping routes, which have boosted freight markets. The Strait of Hormuz is one of the most important chokepoints in...

Three industry sources have confirmed that Russia will extend its diesel export ban until September due to the?fuel shortages on the domestic market. Three industry sources told us that the extension of the ban to the end of this year was also being discussed. The Russian Energy Ministry did not reply to a comment request. The ban was introduced by Russia from July 8 until July 31, as part of a package of measures designed to support the domestic market. It was later extended to fuel producers up to August 31. Russia has also banned the export of motor gasoline...

The CEO of TotalEnergies, a French oil company, said that the company will continue to invest in the Middle East in spite of the Iran conflict. This was revealed at a conference on energy in Norway. Patrick Pouyanne previously said that it was important to fund alternate pipelines in order for oil to leave Middle East, given the paralysis of the Strait of Hormuz during the U.S.-Israel war against Iran. Pouyanne stated at the ONS Conference that "we are today the largest traders of oil from Iraq or Qatar... it is clear to me that a certain amount equity needs...

The Persian Gulf Strait Authority posted on X that Iran had issued a warning to vessels who violated its 'arrangements for 'transiting the Strait oHormuz. They could be subjected to restrictions such as fines, imprisonment, or confiscation. The 'warning' increases the risks for shipowners and charterers who have vessels that transit the Strait of Hormuz. This is a vital waterway used for energy shipping around the world. The PGSA, a newly-established body?Iran established?with a view to managing the strait has advised cargo owners to refer to an updated listing of vessels deemed uncompliant for 'voyages relating the Persian Gulf. The...

Four industry sources said that India may offer low-cost loans for'renewable energy producers' to compensate them for the losses they have suffered because of inadequate transmission infrastructure. According to official figures, the?transmission?network of this South Asian nation has been unable to keep up with the growth in renewable energy, especially solar. Solar represents 162 gigawatts or almost a third its total power generation capacity. Sources said that India's renewable power developers had lost around 45 billion rupees (470.21 million dollars) since February 2025 due to limited infrastructure. One source said that in some cases, up to 70% of power generated...

According to Yahya Saree, the military spokesperson for the Houthis'?Iran-aligned group in Yemen on Telegram Monday, the Houthis fired missiles at what they 'described' as a Saudi military ship and its four escorting vessels in the Red Sea. Saudi authorities did not immediately confirm the report. Mocha is a Red Sea Port near the 'Bab el-Mandeb Strait. This strategic chokepoint connects the Red Sea to the Gulf of Aden, and it is an important international shipping line. The Houthis reportedly attacked a ship on Tuesday in the Bab el-Mandeb Strait, at the southern 'entrance to the Red Sea. According to...

Two trading sources reported that the main Black Sea oil terminal of Russia, Novorossiysk, resumed its operations on Sunday following a Friday drone attack. Sources said that a Suezmax class tanker had been loading Kazakh KEBCO crude since Sunday. It was due to depart on Monday. One of the sources stated on Monday that another tanker will begin loading 80,000 tonnes of KEBCO crude oil on Tuesday. Novorossiysk is capable of handling?around 700,000. barrels per day. It can load Russia's Urals and Siberian Light grades as well as Kazakh KEBCO. The Sheskharis Terminal, the port’s main oil export facility, is...

According to regional authorities and media, fuel shortages returned to certain regions of 'Russia in August. Local authorities in at least ten regions tightened controls on the sale of motor fuel at petrol stations. On Monday, witnesses reported that diesel fuel was still available in almost all fuel stations throughout the Moscow region. However, gasoline was again unavailable. Fuel?crisis began in May, and by July, it had spread to almost all of Russia. It was caused by the closure of several refineries that were?targeted in drone attacks, and an increase in seasonal demand. The authorities increased fuel supplies on the...