Oil Surges Most in Decades After Attack on Heart of Saudi Oil Industry
By Laila Kearney NEW YORK, Sept 16 (Reuters) – Oil ended nearly 15% higher on Monday, with Brent logging its biggest jump in over 30 years and a
By Laila Kearney NEW YORK, Sept 16 (Reuters) – Oil ended nearly 15% higher on Monday, with Brent logging its biggest jump in over 30 years and a
Cargill and Maersk Tankers will be joining forces in the Medium Range (MR) tanker segment as part of a strategic partnership that will see Cargill’s entire
LONDON, Sept 16 (Reuters) – At least 11 supertankers are waiting to load oil cargoes from Saudi Arabian ports after an attack on the country’s oil
By John Kemp LONDON, Sept 16 (Reuters) – Oil security experts have worried for decades about the vulnerability of Saudi Arabia’s Abqaiq processing
By Grant Smith (Bloomberg) –While one Iranian tanker is attracting global attention, serious oil watchers remain absorbed by a bigger mystery: the hunt
By Nerijus Adomaitis and Jonathan Spicer OSLO/ISTANBUL, Aug 30 (Reuters) – Turkey said on Friday that an Iranian tanker at the center of a confrontation
The Greek owner and operator of a Panama-flagged oil products tanker, along with the vessel’s senior officers, have been convicted of air pollution
By Noah Browning LONDON, Aug 22 (Reuters) – African states like Chad and Cameroon are shaping up to be big winners from new rules to cut sulfur emissions
Royal Dutch Shell announced Monday it has agreed to charter a fleet of fourteen new LNG-powered crude oil and product tankers as part of its drive to
By Verity Ratcliffe (Bloomberg) –Iran is about to burn a lot more fuel oil as a result of U.S. sanctions and new global shipping rules, reversing the
OSLO, Aug 13 (Reuters) – Commodities trader Trafigura is joining forces with shipping firms Frontline and Golden Ocean to supply marine fuel ahead of a
By Jack Wittels and Timothy Abington (Bloomberg) –The world’s biggest oil tanker has begun a 12,400-mile voyage to a fuel-storage zone in Asia, the
CAIRO, Aug 6 (Reuters) – Saudi Arabia Energy Minister Khalid Al-Falih met U.S. Energy Secretary Rick Perry on Tuesday in Washington and said both sides
LONDON, Aug 1 (Reuters) – Royal Dutch Shell is not taking any British-flagged tankers through the Strait of Hormuz amid heightened tensions with Iran in
LONDON, July 30 (Reuters) – BP has not taken any of its oil tankers through the Strait of Hormuz since a July 10 attempt by Iran to seize one
By Jack Wittels – (Bloomberg) –As recently as a year ago, the oil market was in a panic about changes to the kind of fuel that ships must burn.
By Marianna Parraga and Elida Moreno PANAMA CITY, July 12 (Reuters) – Panama will withdraw its flag from more vessels that violate sanctions and
(Bloomberg) — As the U.S. looks to enforce sanctions aimed at halting trade with states such as Iran and Venezuela, there’s increased scrutiny on the
China’s largest shipbuilder Dalian Shipbuilding Industries (DSIC) has delivered what it says is the world’s first “smart” Very Large
Saudi Arabian shipping company Bahri has signed a Memorandum of Understanding for the construction of the first VLCCs at the new King Salman Complex for
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