News & Insights

In-house energy news and market-focused insights, powered by Vortexa

Trinidad and Tobago ups product imports, crude exports

4th December 2018
Trinidad and Tobago increased its gasoline and diesel imports —including from more unusual sources— in the past two months, and began exporting its domestic Molo crude stream, following the decision of state-owned oil firm Petrotrin to wind down operations at its Pointe-a-Pierre refinery. Petrotrin announced in late August it would close the country's only refinery due to mounting debt, operating losses and royalties owed to the government. The decision has resulted in the export of a ...

Equatorial Guinea sends more condensate to UAE

4th December 2018
The UAE is set to receive another condensate cargo from fellow Opec-member Equatorial Guinea this month—its third so far this year, reflecting the continued the diversification of condensate intake into the Jebel Ali refinery in recent months. The Aframax tanker Stellata set off from Equatorial Guinea's Punta Europa terminal on 27 November, and is broadcasting its destination as Jebel Ali, the site of Dubai government-owned Emirates National Oil Company's (Enoc)'s 140,000 b/d refinery. The ...

Chile takes more North American crude

4th December 2018
Chile's crude import mix in November shifted from previous months, as an increase in the purchase of US crude weighed on the intake of some grades more dominant in previous months. Chile's state-owned oil company Enap began to import US crude from November onwards this year, with deliveries continuing in December, Vortexa data show. Rising US crude production appears to have stoked appetite in new markets such as Chile – which was not listed by the US EIA in its destinations for monthly ...
Analysis: Primorsk diesel exports to Germany rise
31st October 2018
Diesel exports to Germany from the Russian Baltic port of Primorsk climbed to a multi-year high in October, amid restricted inland barge movements caused by lower Rhine river levels. An estimated 155,000 b/d of diesel... Read more
Analysis: Med crude flows to China rise
31st October 2018
Crude shipments to China from the Mediterranean and Black Sea region rose sharply in the past two months, Vortexa data show, reflecting a more economically viable eastbound arbitrage. October-loaded exports to China ... Read more
Tunisian naphtha cargo heads east
3rd October 2018
A cargo of Tunisian naphtha is due to arrive in Asia this week, in what is a rarer journey for the product originating from the North African country. The  naphtha-laden long-range (LR2) tanker STI Goal, which is no... Read more
Analysis: US to Brazil diesel flows rise
20th September 2018
Brazil’s diesel imports from the US are on track to reach multi-month highs in September, amid a recent decline in available domestic refining capacity following an unplanned outage at the country’s largest refinery ... Read more
Diesel-laden VLCC embarks on maiden voyage
17th September 2018
The new-build VLCC tanker DHT Bronco has departed on its maiden voyage, having finished loading middle distillates from the Asia-Pacific region in early September. The tanker is the sixth new-build VLCC observed by Vo... Read more
Angola’s Kaombo project exports first cargo
31st August 2018
Angola has exported its­ first crude cargo from the deep offshore Kaombo project which came on stream in July. Observed flows show that the Suezmax tanker Minerva Evropi loaded from the development last week. The tan... Read more
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