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Primary Symbol: T.NVA

Energy Oil & Gas E&P

NuVista Energy Ltd. is an oil and natural gas company, which is engaged in the exploration for, and the development and production of, oil and natural gas reserves in the Western Canadian Sedimentary Basin. Its primary focus is on the scalable and repeatable condensate rich Montney formation in the Alberta Deep Basin (Wapiti Montney). Its core operating areas of Wapiti and Pipestone in the... see more

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Nuvista Energy Ltd > Iran seizes tanker with 900 tons of 'smuggled fuel', Fars re

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Post by Carjack on Jul 07, 2023 12:49pm

Iran seizes tanker with 900 tons of 'smuggled fuel', Fars re

Iran's Revolutionary Guards seized a tanker holding 900 metric tons of "smuggled fuel" and 12 crew members based on a court order, a report by the semi-official Fars news agency said on Friday.

"A vessel carrying 900 tons of smuggled fuel with 12 crew members was seized by the Revolutionary Guards' Navy patrol vessels in the Persian Gulf with a court order," Fars news reported from Iran's southern port of Bandar Abbas.

No further detail about the ship has been given.

Iran, which has some of the world's cheapest fuel prices due to heavy subsidies and the plunge in the value of its national currency, has been fighting rampant fuel smuggling by land to neighbouring countries and by sea to Gulf Arab states.

British maritime security company Ambrey said on Thursday it was aware of an attempted seizure by Iranian forces of a small Tanzanian flagged tanker, around 59 nautical miles northeast of the Saudi Arabian port city of Dammam.