Oil

Climate & Environment
Venezuelan oil tanker now under "minimal" risk to sink
Nabarima
Nabarima Credit: Twitter (Reproduction)

After taking on water and tilting to one side, a damaged Venezuelan oil tanker poses no significant risk of spilling and causing an environmental catastrophe, officials of Trinidad & Tobago said Thursday.

The Venezuelan-flagged Nabarima, a 264-meter (866-foot) long ship believed to be almost filled to its capacity of 1.4 million barrels of crude — had fallen inactive with the recent plunge in global energy demand due to the Covid-19 pandemic and to U.S. sanctions on the Venezuelan government that have scared away potential buyers of the country’s heavy crude.