ship-to-ship (STS) transfer | Egypt Oil & Gas

Gulf Naphtha Flows to Asia Rise as UAE, Kuwait Use STS transfers

The UAE and Kuwait have sharply increased naphtha exports to Asia through ship-to-ship (STS) transfers outside the Strait of Hormuz, helping regional petrochemical producers restore operations, traders and analysts to...

PDVSA to Offload Crude from Floating Oil Facility

Venezuela’s state-owned oil company Petroleos de Venezuela (PDVSA) is set to offload crude from the Nabarima floating oil facility amid environmental concerns, according to Reuters. The transfer of the 1.3 million bar...

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