Japan’s Mitsui OSK Lines Ltd (MOL) will supervise the construction of six new very large ethane carriers (VLECs) at Samsung Heavy Industries and subsequently manage these vessels on a long...

CARACAS–Venezuelan state oil monopoly Petroleos de Venezuela, or PdVSA, signed a 15-year crude supply contract with India’s Reliance Industries Ltd. (500325.BY) that will send as much as 400,000 barrels a day to the...

LONDON–BP PLC (BP) is exploring options for importing liquefied natural gas to India through its joint venture with Reliance Industries Ltd. (500325.BY), Chief Executive Bob Dudley said Tuesday. BP last year signed a $7.2...