The organization that co-ordinates crude oil transportation from Newfoundland and Labrador's offshore says contingency plans are being put in place as operations at a terminal in Placentia Bay remain ...

Russia’s oil trade with China and India has stalled as Western sanctions increase shipping costs, making transportation more ...

Multiple undersea cables and pipelines in the Baltic Sea have been damaged in recent months, raising suspicions of sabotage.

A VLCC owned by George Procopiou’s Dynacom Tankers Management has become the first ship to load crude in Cameroon to feed ...

Specialists have reported new traces of oil on the beaches of the Krasnodar Region following a spill caused by a tanker accident in the Kerch Strait, the Russian Emergencies Ministry's press service ...

The crude oil market is adapting quickly to the new sanctions against Russia's shadow fleet of tankers, albeit by creating ...

Oil fell as traders assess the potential impact of U.S. trade tariffs on global growth and the stockpiles outlook.

Incidents damaging Europe’s undersea networks have become more frequent since Russia’s invasion of Ukraine in 2022, raising suspicions they are the result of sabotage.

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

Offers for Espo crude exported from the key Russian Pacific port of Kozmino have spiked to premiums of between $3 and $5 a ...

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

Volunteers flooded the beaches to help with cleanup eventually prompting the federal government to step to help clean up ...