Western sanctions imposed on Russia for invading Ukraine and aimed at cutting its oil revenues have led to the rise of a vast ...

The majority of the top 10 richest Londoners are business magnates, in traditional industries like steel and oil. However, there are some more modern areas of interest, like gaming that are also ...

Dive into the seven largest ships in the world, each one an engineering marvel beyond imagination. From massive cargo ships ...

During the Iran-Iraq War, Iraqi warplanes launched a bold strike on an offshore terminal in the Strait of Hormuz, setting ...

Traders have rebranded more than $1 billion of Venezuelan oil shipments to China as Brazilian crude over the past year, ...

Russia’s secretive fleet of oil tankers is to be hit with the largest ever sanctions package today, as the UK ramps up pressure on Vladimir Putin. The new action will be announced by Keir Starmer at ...

Britain will sanction up to 100 oil tankers from Russia's so-called shadow fleet, seeking to step up pressure on Moscow in the war with Ukraine as leaders from the Joint Expeditionary Force (JEF) ...

Iraq exported crude oil and petroleum products worth $29.58 billion to India, maintaining a significant market share despite being surpassed by Russia as India's primary crude oil supplier.

Playing on the worlds biggest stage is no small feat, but what about when you are just weeks away from turning 71 years old? “As a small guy, to be able to have this kind of acknowledgement.

In the last 12 months, the only revenue segment was Suezmax Crude Oil Tankers contributing US$349.7m. The largest operating expense was Depreciation & Amortisation (D&A) costs, amounting to US$56 ...

Both benchmarks slumped after Saudi Arabia, one of the world’s biggest oil producers, signaled it was unwilling to prop up the oil market with further supply cuts and could handle a prolonged ...

with the Greek owner resuming his newbuilding programme that made Dynacom the world’s biggest tanker orderer. According to Clarksons, Dynacom has 49 oil carriers on order as of April ...