Macron says oil tanker off France is linked to Russia’s shadow fleet

French President Emmanuel Macron announced on Wednesday that an oil tanker immobilized off the French Atlantic coast had committed “very serious wrongdoings.” He linked the vessel to Russia’s shadow fleet, which is reportedly evading Western sanctions imposed over Moscow’s war in Ukraine.

The tanker, which was sailing last week near the coast of Denmark, has been cited by European naval experts as possibly involved in drone flights over the country. French naval forces forcibly boarded the ship a few days ago at the request of prosecutors who suspected illegal activities, a military official confirmed on Wednesday.

The prosecutor’s office in the western French city of Brest opened a judicial investigation into the crew’s “refusal to cooperate” and “failure to justify the nationality of the vessel.” Meanwhile, the ship has been ordered to remain in place pending further investigation, according to the official.

On Wednesday, French naval forces boarded the ship again to provide food and fuel to the crew aboard. The official who shared this information was not authorized to be publicly named due to the ongoing nature of the investigation.

According to the Marine Traffic monitoring website, the ship departed the Russian oil terminal in Primorsk near Saint Petersburg on September 20. It sailed off the coast of Denmark before staying off the French western port of Saint-Nazaire since Sunday.

Macron suggested the ship was stopped due to French authorities’ “intervention.” Speaking on the sidelines of a European Union leaders’ summit in Copenhagen, Denmark, he stated:
“I think it’s a good thing that this work has been done and that we’ve been able to stop it. There were some very serious wrongdoings made by this crew, which is why there are legal proceedings in the case.”
He declined to provide further details.

The Russian Embassy in Paris did not respond to requests for comment from The Associated Press.

When asked about the ship’s connection to drone incidents in Denmark and reports of two detainees aboard, Danish Prime Minister Mette Frederiksen refrained from commenting on specifics. However, she acknowledged the broader issue:
“I can say in more general terms that we are facing a lot of problems with the shadow fleet. And that has been the case, especially in the Baltic Sea for quite a long time. And we are working very closely together to battle this situation.”

Highlighting the ongoing threat, on Christmas Day 2024, a Russian shadow fleet oil tanker known as the Eagle S triggered a nationwide alarm in Finland. The tanker was suspected of deliberately severing a critical undersea electric cable located 50 miles off the coast.

A seven-month investigation by “60 Minutes” revealed that this incident was not isolated. It uncovered that a major Russian oil company was hiding ownership of the tanker behind layers of shell companies to evade Western sanctions.

In response, NATO launched “Baltic Sentry,” a mission deploying ships and planes to monitor the shadow fleet and protect vital seabed infrastructure. According to British Admiral Keith Blount, NATO’s deputy supreme allied commander Europe, no cable-cutting incidents have occurred since.

Macron emphasized that the current incident underscores “the existence and the reality of a phenomenon that we have been describing and denouncing for a long time,” referring to the “notorious shadow fleet.” This fleet represents tens of billions of euros for Russia’s budget and is estimated to finance around 40% of Russia’s war effort.

The tanker, known as “Pushpa” or “Boracay” — names it has used interchangeably — sailed under the flag of Benin and appears on the European Union’s list of ships targeted by sanctions against Russia.

The shadow fleet consists mainly of aging tankers purchased secondhand, often by opaque entities registered in countries that do not impose sanctions. These ships operate under flags from non-sanctioning nations and play a crucial role in helping Russia’s oil exporters bypass the price caps imposed by Ukraine’s allies.
https://www.cbsnews.com/news/macron-russia-shadow-fleet-oil-tanker-off-france/

Tajikistan’s petroleum output picks up steam on back of motor fuel surge

Tajikistan’s petroleum products sector has experienced a notable shift in production trends. There has been a sharp rise in the output of motor fuel and asphalt, signaling growth in these key areas.

Conversely, the production of fuel oil and diesel fuel has declined. This contrast highlights a mixed performance within the sector.

Overall, despite these variations, Tajikistan’s petroleum products industry is part of a broadly expanding industrial landscape, reflecting dynamic changes in the market.
https://www.trend.az/casia/tajikistan/4096456.html

NTPC Ltd. paid Final Dividend of Rs. 3,248 Crore for the FY 2024-25

NTPC Ltd. has paid a final dividend of Rs. 3,248 crore on 25th September 2025 for the financial year 2024-25. This payment represents 33.50% of the paid-up equity share capital of the company.

Gurdeep Singh, Chairman and Managing Director (CMD) of NTPC, along with the Board of Directors, presented the final dividend payment advice to the Hon’ble Minister of Power and Housing & Urban Affairs, Manohar Lal. The event was held in the presence of Pankaj Agarwal, Secretary (Power), and senior officials from the Ministry of Power (MoP) and NTPC.

This final dividend is in addition to the first interim dividend of Rs. 2,424 crore and the second interim dividend of Rs. 2,424 crore, which were paid in November 2024 and February 2025, respectively.

The total dividend paid by NTPC for the financial year 2024-25 amounts to Rs. 8,096 crore. This translates to a dividend rate of Rs. 8.35 per equity share, each having a face value of Rs. 10.

Notably, this marks the 32nd consecutive year that NTPC Ltd. has paid a dividend, reflecting the company’s consistent commitment to rewarding its shareholders.
https://www.freepressjournal.in/corporate-gallery/ntpc-ltd-paid-final-dividend-of-rs-3248-crore-for-the-fy-2024-25

US President Donald Trump Calls China & India ‘Primary Funders’ Of Ukraine War Over Russian Oil Purchases At UNGA

**New York: US President Donald Trump Accuses China and India of Funding Ukraine War Through Russian Oil Purchases**

US President Donald Trump on Tuesday accused China and India of being the “primary funders” of the Ukraine war during his address at the 80th session of the United Nations General Assembly (UNGA). Speaking at the General Debate, Trump highlighted the role these countries play in financing the conflict by continuing to purchase Russian oil.

**Trump’s Statement at the UNGA**

“China and India are the primary funders of the ongoing war by continuing to purchase Russian oil,” Trump said in his over an hour-long speech. His remarks came amid global discussions dominated by various conflicts, including the war in Ukraine.

**Context Behind the Remarks**

Trump’s comments follow his administration’s recent decision to raise tariffs on India’s imports of Russian oil. The additional 25 percent levy pushed the total tariff on Indian goods to 50 percent, making it one of the highest tariffs globally.

India and the United States had earlier held five rounds of negotiations aimed at securing a trade deal. However, the proposed final round of talks scheduled for August was postponed.

Over the past few months, India and the US have been negotiating an interim trade deal. Despite hopes that this would help avoid elevated tariffs, President Trump announced a 25 percent tariff on Indian goods in July. A few days later, he imposed an additional 25 percent tariff, citing India’s continued imports of Russian oil. These tariffs came into effect on August 27.

**India’s Position on Trade Talks**

India has expressed reservations about the US demand to open up its agricultural and dairy sectors — critical and sensitive areas that provide livelihoods to a large segment of the population.

Earlier this year, in March, India and the US initiated talks on a just, balanced, and mutually beneficial Bilateral Trade Agreement (BTA), aiming to complete the first stage of the agreement by October-November 2025.

*Note: Except for the headline, this article has not been edited by FPJ’s editorial team and is auto-generated from an agency feed.*
https://www.freepressjournal.in/world/us-president-donald-trump-calls-china-india-primary-funders-of-ukraine-war-over-russian-oil-purchases-at-unga

Madhya Pradesh Transco: Capacitor Banks At 412 Substations Ensuring Quality Power

**MP Transco Enhances Power Quality Across Madhya Pradesh with Capacitor Bank Installations**

*Indore (Madhya Pradesh)*: To ensure quality power supply to electricity consumers, the Madhya Pradesh Power Transmission Company (MP Transco) has installed capacitor banks at the majority of its extra high tension (EHT) substations. Out of the company’s 417 substations, capacitor banks of various capacities are currently operational at 412 locations.

In addition, at older substations, new capacitor banks are being installed wherever necessary, along with enhancements to existing capacities. Energy Minister Pradyuman Singh Tomar stated that these efforts will help provide electricity consumers in the state with stable, standard voltage power supply.

### Robust Installed Capacity of 9,278.5 MVAR

Presently, MP Transco operates:

– 32 capacitor banks at the 145 kV level in 220 kV substations
– 719 capacitor banks at the 36 kV level in 132 kV substations

In total, MP Transco manages 751 capacitor banks with a combined installed capacity of **9,278.5 MVAR**, significantly contributing to the delivery of high-quality power at standard voltage levels across Madhya Pradesh.

### Upgrading Aging Capacitor Banks

Amar Kirti Saxena, Chief Engineer at MP Transco, mentioned that the company has identified 52 old capacitor banks which have surpassed their service life and no longer meet the required capacitive load. These substations require capacitor banks with higher MVAR capacity.

To address this, MP Transco has launched a campaign to replace these outdated units with enhanced-capacity capacitor banks, ensuring all substations consistently supply power of reliable quality and standard voltage.

### Benefits of Capacitor Banks in Power Transmission

Power transformers at Extra High Tension substations commonly experience inductive loads from devices such as irrigation pumps and household appliances. This inductive load causes voltage drops and adversely affects power quality.

Capacitor banks counteract this issue by providing capacitive load, which balances the inductive effects. This results in an improved power factor and ensures consumers receive reliable electricity at the desired standard voltage.

### Capacitor Banks in Indore’s EHV Substations

MP Transco transmits electricity in Indore through Extra High Voltage (EHV) substations operating at 400 kV, 220 kV, and 132 kV levels. These include:

– One 400 kV substation
– Four 220 kV substations: South Zone, Indore East Bicholi, Manglia, and Jaitpura
– Seven 132 kV substations: Rau, Satyasai, Electronics Complex, Niranjanpur, Mahalaxmi Nagar GIS, Indore West (Navadapanth), Chambal, and Pologround

To maintain quality power supply at standard voltage across these substations, capacitor banks have been installed as per requirements, with a total installed capacity of **319.5 MVAR** in Indore’s EHV substations.

These ongoing upgrades underscore MP Transco’s commitment to delivering dependable and quality electricity to consumers throughout Madhya Pradesh.
https://www.freepressjournal.in/indore/madhya-pradesh-transco-capacitor-banks-at-412-substations-ensuring-quality-power

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