Putin denounces “piracy” after tanker seized off French coast

Vladimir Putin responded to the interception of a tanker suspected of belonging to the Russian shadow fleet, calling the French operation “piracy” and denying any direct Russian involvement.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

The President of the Russian Federation, Vladimir Putin, condemned the interception of a tanker by France off its coast, accusing Paris of carrying out an unfounded seizure in international waters. The vessel in question is suspected of being part of the shadow fleet used by Russia to circumvent European sanctions on crude oil.

During a forum held in Sochi, Vladimir Putin stated that the action taken by the French authorities amounted to “piracy”. According to his remarks, “the tanker was seized in neutral waters, without any basis.” He also noted that the ship was sailing under the flag of a third country with an international crew, and said he was unsure whether there was any formal link between the vessel and Russia.

The Russian shadow fleet targeted by the European Union

The seizure has reignited debate over how to enforce the European oil embargo against Russia, particularly in light of a fleet estimated to include several hundred vessels operating covertly. These ships, often registered under flags of convenience, enable Moscow to continue exporting hydrocarbons by bypassing restrictions imposed since the start of the conflict in Ukraine.

French President Emmanuel Macron stated that the operation conducted by the national navy was part of a European effort to strengthen maritime controls. He called for the intensification of the “obstruction policy” against vessels suspected of involvement in these evasion networks.

Geopolitical and economic tensions continue

Control over maritime circulation of Russian hydrocarbons remains a major strategic issue for the European Union, amid volatile oil markets. Since the Group of Seven (G7) countries imposed a price cap on Russian crude, Russia has reportedly reorganised its export logistics through alternative routes, including offshore transshipments beyond Western jurisdiction.

According to French authorities, the seizure operation was conducted in accordance with international law. No military cargo was found aboard the vessel, whose final destination has not been disclosed.

Vladimir Putin also suggested that the interception might be aimed at diverting public attention from domestic political challenges in France. He stated: “Apparently, they were looking for something, military goods, drones… But there is nothing like that there.”

Subsea7 has secured a subsea installation contract from LLOG for the Buckskin South project, scheduled for execution between 2026 and 2027, strengthening its position in the Gulf of Mexico and boosting its order book visibility.
Global crude oil production is expected to rise by 0.8 million barrels per day in 2026, with Brazil, Guyana and Argentina contributing 50% of the projected increase.
Woodbridge Ventures II Inc. signs definitive agreement with Greenflame Resources for a transformative merger, alongside a concurrent financing of up to $10mn.
Interceptions of ships linked to Venezuelan oil are increasing, pushing shipowners to suspend operations as PDVSA struggles to recover from a cyberattack that disrupted its logistical systems.
Harbour Energy acquires US offshore operator LLOG for $3.2bn, adding 271 million barrels in reserves and establishing a fifth operational hub in the Gulf of Mexico.
The agreement signed with Afreximbank marks a strategic shift for Heirs Energies, aiming to scale up its exploration and production operations on Nigeria's OML 17 oil block.
Oritsemeyiwa Eyesan’s appointment as head of Nigeria’s oil regulator marks a strategic shift as the country targets $10bn in upstream investment through regulatory reform and transparent licensing.
Baghdad states that all international companies operating in Kurdistan’s oil fields must transfer their production to state marketer SOMO, under the agreement signed with Erbil in September.
Chinese oil group CNOOC continues its expansion strategy with a new production start-up in the Pearl River Basin, marking its ninth offshore launch in 2025.
A train carrying over 1,200 tonnes of gasoline produced in Azerbaijan entered Armenia on December 19, marking the first commercial operation since recent conflicts, with concrete implications for regional transit.
Subsea 7 has secured a new extension of its frame agreement with Equinor for subsea inspection, maintenance and repair services through 2027, deploying the Seven Viking vessel on the Norwegian Continental Shelf.
Caracas says Iran has offered reinforced cooperation after the interception of two ships carrying Venezuelan crude, amid escalating tensions with the United States.
US authorities intercepted a second oil tanker carrying Venezuelan crude, escalating pressure on Caracas amid accusations of trafficking and tensions over sanctioned oil exports.
California Resources Corporation completed an all-stock asset transfer with Berry Corporation, strengthening its oil portfolio in California and adding strategic exposure in the Uinta Basin.
The Ugandan government aims to authorise its national oil company to borrow $2 billion from Vitol to fund strategic projects, combining investments in oil infrastructure with support for national logistics needs.
British company BP appoints Meg O'Neill as CEO to lead its strategic refocus on fossil fuels, following the abandonment of its climate ambitions and the early departure of Murray Auchincloss.
The Venezuelan national oil company has confirmed the continuity of its crude exports, as the United States enforces a maritime blockade targeting sanctioned vessels operating around the country.
Baker Hughes will supply advanced artificial lift systems to Kuwait Oil Company to enhance production through integrated digital technologies.
The United States has implemented a full blockade on sanctioned tankers linked to Venezuela, escalating restrictions on the South American country's oil flows.
Deliveries of energy petroleum products fell by 4.5% in November, driven down by a sharp decline in diesel, while jet fuel continues its growth beyond pre-pandemic levels.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.