Oil prices fell about 3% to a two-week low on Monday, pressured by losses in Wall Street technology and energy stocks, as ...

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

Russian officials say rescue workers have successfully removed almost 1,500 tons of oil stranded onboard a tanker that ran ...

Freight rates for Russian ESPO Blend oil loading from the Far Eastern port of Kozmino have jumped fivefold amid a lack of ...

New U.S. sanctions on Russian oil exports have caused tanker rates to surge and trade to freeze as shippers scramble for ...

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 ...

Two oil tankers hauling crude from Russia made U-turns as they sailed past France and are now at a standstill near the ...

This Sisyphean cleanup is a result of a mid-December incident in which two aging oil tankers were caught in a storm and broke in half in the Kerch Strait, spilling 2,500 to 4,500 tons of fuel oil ...

Russia has continued to send cargoes of crude oil to India on tankers that have been sanctioned by the US, Bloomberg reported ...

A new report into the grounding of a huge oil tanker at the Port of Brisbane has found that safety authorities could not “adequately respond’’ because of a lack of clear rules.

Gunmen opened fire on the convoy in the Bagan area on Monday. However, no damage was reported, with oil carriers reaching the ...

Initial reports suggest, the blast occurred due to gas leakage during welding work on the tanker, which was being used to ...