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REFINERS, tanker operators, traders and port executives across Asia were scrambling on Monday (Jan 13) to manage the fallout from the United States’ most aggressive sanctions on Russia’s…
An emergency task force arrived in Russia’s southern Krasnodar region on Sunday as an oil spill in the Kerch Strait from two storm-stricken tankers continues to spread a month after it was…
Oil settled at a three-month high as the US ratcheted up sanctions against Russia, adding to a run of bullish developments that have propelled crude to a strong start to 2025. Brent…
A loaded oil tanker that lost the ability to manoeuvre in the Baltic Sea near the German island of Rügen has been towed to the city harbour of Sassnitz. The stricken tanker Eventin, loaded…
A loaded oil tanker that lost the ability to manoeuvre in the Baltic Sea near the German island of Rügen was being towed almost 25 kilometres eastwards by three tugs. The towing operation…
German rescue teams have managed to secure towing lines to a loaded oil tanker that lost the ability to manoeuvre in the Baltic Sea near the German island of Rügen, authorities said on…
OIL prices rose more than 1 per cent on Thursday (Jan 9) as cold weather gripped parts of the United States and Europe, boosting winter fuel demand. Brent crude futures settled up 76 US…
Russian President Vladimir Putin has called for two wrecked tankers to be lifted out of the Kerch Strait to prevent an oil spill from spreading further. At a government meeting on…
SHANDONG Port Group has banned US-sanctioned tankers from calling into its ports in the eastern Chinese province, home to many independent refiners that are the biggest importers of oil…
The anchor of the Eagle S oil tanker has been recovered from the bed of the Baltic Sea during an inquiry into the ship's possible involvement in sabotage of maritime energy and…
OIL prices eased in volatile trade on Monday (Jan 6) as some bearish economic news from the United States and Germany offset bullish support from a weaker US dollar and forecasts for…
Thirty-two dolphins have died since fuel oil spilled out of two storm-stricken tankers three weeks ago in the Kerch Strait, which separates the Russia-occupied Crimean Peninsula from…
Russia-appointed officials in Moscow-occupied Crimea announced a regional emergency on Saturday, as oil was detected on the shores of Sevastopol, the peninsula’s largest city. Fuel oil…
OIL prices rose on Friday (Jan 3), closing the week higher on the back of cold weather in Europe and the US as well as additional economic stimulus flagged by China. Brent crude futures…
Russian officials warned of severe environmental damage Wednesday as thousands of people came out to clean up tons of fuel oil that spilled out of two storm-stricken tankers more than two…
OIL edged lower on Thursday (Dec 26) in light holiday trade as the US dollar’s strength offset hopes for additional fiscal stimulus in China, the world’s biggest oil importer. Brent crude…
OIL prices edged higher on Thursday (Dec 26) in thin holiday trading, driven by hopes for additional fiscal stimulus in China, the world’s biggest oil importer, while an anticipated…
Cleanup continued in the Kerch Strait near Russian-occupied Crimea on Sunday, a week after at least 3,700 tons of low-grade fuel oil spilled out of two storm-stricken Russian tankers. More…
Oil prices were little changed at their settle on Friday (Dec 20) as markets weighed Chinese demand and interest rate-cut expectations after data showed cooling US inflation. Brent crude…
OIL prices fell on Thursday (Dec 19) after central bankers in the US and Europe signalled caution over further easing of monetary policy, fanning concerns that weak economic activity could…
What's New President-elect Donald Trump's threats to impose a 25 percent tariff on Canadian goods are sparking fears of higher gas prices and economic friction when it comes to trade. Why…
Addressing environmental sustainability is essential in the fight against the climate crisis. This commitment not only helps restore ecological balance but also sparks innovation,…
BRUSSELS (AP) — The European Union on Monday imposed fresh sanctions on dozens of officials linked to Russia’s war on Ukraine, including two top North Korean defense officials, a military…
WASHINGTON — The Supreme Court opened the door Friday for a potential challenge to California’s long-standing authority to set stricter emissions limits for new vehicles, including its…
