The Sanchi was carrying 136.000 tonnes of condensate.
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Much of Brazil’s oil from offshore basins are buried under a thick layer of salt on the sea floor.
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Shana said. however. that the oil tanker is still burning and is considered to be ".at risk of exploding.".
Read More »Iranian Oil Tanker at Risk of Exploding and Sinking
The Shanghai Maritime Safety Administration said areas surrounding the Sanchi tanker were still burning.
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The extent of the spill and environmental hazard were still unclear.
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The tanker’s 32 crew members were missing on Sunday.
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Wood Mac believes exploration in the Gulf of Mexico will remain flat this year.
Read More »US Aims to Open nearly all Outer Continental Shelf to Oil Drilling
The Trump administration is about to propose the most radical expansion of offshore oil drilling in nearly 40 years.
Read More »US Aims to Open nearly all Outer Continental Shelf to Oil Drilling
The Trump administration is about to propose the most radical expansion of offshore oil drilling in nearly 40 years.
Read More »OPEC’s Production Holds Steady as Compliance Exceeds Planned Cuts
The 14 members of the Organization of Petroleum Exporting Countries pumped 32.47 MMbpd.
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