Oil Tankers

Iran is said to be offering its main crude grade to customers in Asia at the deepest discount in 14 years, taking a cue from Saudi Arabia in trimming price

A U.S. agency is considering how the country could export crude oil and natural gas from deepwater ports as the domestic drilling boom adds pressure for

The number of supertankers sailing to China jumped to a record in ship-tracking data amid signs that the oil-price crash is spurring the Asian nation to

Nordic American Tankers Ltd announced today that it has entered into a preliminary agreement with South Korean shipyard Sungdong Shipbuilding & Marine

U.S. Representative Joe Barton will introduce a bill on Tuesday to lift the 40-year ban on exports of crude oil, but the measure has almost no chance of

Singapore-based shipowner Parakou Tankers announced today it has agreed to merge with NASDAQ-listed Cambridge Capital Acquisition Corporation and pursue an

U.S. crude exports to Asia are grinding to a halt just four months after they began, in a sign of how an aggressive strategy by Gulf producers to defend their

China is emerging as the winner from OPEC’s battle with rival oil producers as the world’s biggest energy consumer stockpiles

Frontline, once the world's biggest crude oil tanker company, reported a bigger than expected third-quarter loss on Tuesday and said it is still considering

Nordic LNG provider Skangass signed a two year agreement with ENI today for the supply LNG from the Fluxys terminal in Zeebrugge to Skangass’ newly opened

Viva Energy Australia, a joint venture between energy trader Vitol and Royal Dutch Shell says they will be handing the product tanker Tandara Spirit back to

A tanker carrying Algerian light oil arrived at the Venezuelan port of Jose late on Monday and is waiting to unload up to 2 million barrels in PDVSA's second

The new chemical tanker built in Japan is the first to use a new type of steel cargo tanks said to be cheaper and stronger that existing

Venezuelan oil ports are struggling to load and unload cargoes on time amid an increase in fuel imports prompted by trouble at PDVSA's 1.3

Add oil shippers to the list of winners from this year’s collapse in

“The global energy system is in danger of falling short of the hopes and expectations placed upon

General Dynamics NASSCO has started construction on the first of three 330,000 barrel capacity product tankers for SEA-Vista LLC, a joint venture between

In the three months ending in August, the United States and Canada swapped a record amount of crude oil with each other, one of the more bizarre consequences

The VLCC Al Kout was delivered last week by Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) as part of a series of vessels constructed for the

Things are slowing down at the U.S.’s largest oil-import