Stamatis Tsantanis says demand for crude is declining and Iranian supplies can easily be made up for from elsewhere ...

Russia appears to be on the cusp of a debilitating oil-freight transportation problem because of US sanctions, writes ...

In Nigeria, tankers carrying pe­troleum products are a common sight on the nation’s highways. These massive vehicles, often loaded with flammable and haz­ardous liquids, are an integral part of the ...

One person was injured in the crash. Several law enforcement agencies are on the scene assisting with road closures.

Some of the Barbados ships have already been re-registered with other nations including Tanzania and São Tomé and Príncipe.

As LETA was told at the Saeima, the Latvian lawmaker underlined that the data cable connecting Latvia and Sweden is yet another cable in the Baltic Sea damaged by a ship. The EU must work together to ...

While geopolitical factors will continue to play a part in the market, the supply-demand forecasts from major oil research ...

MOSCOW (AP) — Rescue workers have successfully removed almost 1,500 tons of oil left onboard a tanker that ran aground last ...

The United States has clarified to India that tankers loaded with Russian oil have to discharge by Feb. 27 under the latest ...

India Says Sanctioned Russian Oil Tankers Can Discharge Before Feb 27 By Nidhi Verma NEW DELHI (Reuters) - The United States has clarified to India that tankers loaded with Russian oil have to ...

NEW DELHI (Reuters) - The United States has clarified to India that tankers loaded with Russian oil have to discharge by Feb. 27 under the latest sanctions targeting Moscow's oil revenue ...