VLCC Backlog Builds at Iraq’s Basra Port After Bad Weather
A backlog of over 30 oil tankers has built up outside the Iraqi port of Basra and shippers face lengthy delays of up to three weeks to load oil because of bad
A backlog of over 30 oil tankers has built up outside the Iraqi port of Basra and shippers face lengthy delays of up to three weeks to load oil because of bad
Oil cavern space at the Louisiana Offshore Oil Port sold for 10 cents a barrel a month at an auction on Tuesday, offering a glimpse into the value of storage
A tanker bound for Italy was loading 600,000 barrels of oil at the Libyan port of Hariga on Sunday, an oil official said, the eighth loading at the eastern
Based in Vancouver, Canada, Teekay Corporation (NYSE:TK) owns and operates one of the world’s largest fleets of oil tankers, gas carriers, offshore
Conflict in Yemen risks spilling out into the busy sea lanes that pass it and potentially disrupt the narrow Bab el-Mandeb passage through which nearly 4
Lifting oil sanctions on Iran could hit global markets long before the nation starts pumping more
Saudi Oil Minister Ali al-Naimi has said oil demand was growing and expected oil prices, which hit a near six-year low in January, to
Swiss-based trading house Gunvor, which had been trying to cut asset exposure to the Russian market, is among the winners of a large Rosneft tender, traders
A supertanker carrying about 1 million barrels of Middle East crude docked on Monday at a terminal jointly run by Vopak and Dialog Group in Malaysia, the
Marine traffic in the Houston Ship Channel will remain partially halted until salvage ships retrieve an anchor that broke off a bulk carrier that collided with
South Korea's GS Caltex Corp has bought Mexican crude for the first time in 25 years, as the refiner takes advantage of low prices to make cheap spot
Glencore Plc, the world’s biggest listed commodities trader, said 2015 could be a boom year for oil amid the biggest price swings in six
Tokyo-based Astomos Energy Corp has placed an order today with Mitsubishi Heavy Industries (MHI) for a very large liquefied petroleum gas (LPG) carrier. This
[contextly_sidebar id=”5GVXqgNlEi8QHDtIGThHHMGcbhQb0Tlg”]Have you ever been curious about history of oil spills? Or wonder what was the most famous
Tanker companies General Maritime Corporation and Navig8 Crude Tankers Inc. have announced today they have entered into a definitive agreement to merge their
BP Plc exported nearly 670,000 barrels of minimally processed super-light crude oil from the Houston Ship Channel more than a week ago, according to
Late last November, the tanker Olympic Flag carrying 650,000 barrels of Angolan crude dropped anchor about 7 miles off the coast in Delaware Bay, a seemingly
The first oil shipment from Iran’s floating oil storage unit (FSU), Khalij-e-Fars has recently just been completed, according to the Iranian Offshore Oil
13 months after placing an order for twenty Capesize bulk carriers, Scorpio Bulkers is modifying their order and instead swapping out three of their Capes for
Over the past year, Philadelphia photographer Charles Cerrone has gained access to wield his camera within the confines of one of the United States’
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