The United Nations Development Programme (UNDP) signed an agreement with tanker owner EURONAV Luxemburg to buy a very large crude carrier (VLCC), as part of the UN-coordinated operation to remove more than one million barrels of oil from a decaying tanker off Yemen’s Red Sea coast. The new vessel to
UK’s regulator North Sea Transition Authority (NSTA) says flaring has been cut in half, following four consecutive years of reductions.
