(MENAFN) According to Abbas Assadrooz, the CEO of the Iranian Oil Terminals Company, Iran’s oil exports are not something that can be stopped. In a statement on Wednesday, Assadrooz highlighted ...

Kazakhstan is stepping up oil production at its Tengiz field, boosting demand for crude tankers. Tengizchevroil plans to hike ...

Chevron said on Wednesday it did not find commercial hydrocarbon reserves in an exploration well in Namibia's Orange Basin.

Upgrades to boost the capacity for oil deliveries to the Czech Republic via the TAL pipeline are complete, ending the country ...

China expressed opposition on Monday to the United States' move to add a China-based oil terminal operator into its sanctions list targeting Russian oil export, calling it "illegal unilateral ...

Oil-freight derivatives trading surged to the highest in at least a decade as the Biden administration’s sanctions on Russia continued to propel supertanker rates higher. Almost 30,000 crude ...

Houston bunker costs have surged to the highest level in six months amid rallying US oil prices and fuel terminal congestion.

Global oil markets will face a widening glut in 2026 as OPEC brings back production and output from the US, Canada and Guyana continues to grow, the US government said in its first set of ...

oil tankers carry risk, as evidenced by the massive Exxon Valdez oil spill in 1989 that caused notable environmental harm. The Exxon Valdez ran aground in Prince William Sound and released nearly ...