Russian producer Lukoil has struck a tentative deal to sell its overseas oil assets to US investment giant Carlyle amid US sanctions pressure. An agreement has been signed for the acquisition of ...

U.S. sanctions on Russia and Venezuela have boosted tonne-miles, increased floating storage, and shifted trade from shadow ...

This is the unbelievable moment the French Navy launched a high-stakes operation in the Mediterranean Sea — storming a giant ...

This used to be one of the world's most productive oil basins, and along with the city of Maracaibo, across the lake, is seen as key to President Donald Trump's plan to get US firms to invest $100bn ...

Midnight Oil drummer and songwriter Rob Hirst was on Monday named a Member of the Order of Australia, six days after his death from pancreatic cancer. It might be the only occasion during his long ...

Indian Prime Minister Narendra Modi and representatives of the European Union concluded a trade agreement on January 27, after nearly 20 years of intermittent negotiations, opening up a market of ...

Traders are increasingly using tankers to store Russia's Urals crude as demand weakens and customers weigh growing sanctions ...

The United States is handing over to Venezuela a tanker that it seized this month, two U.S. officials told Reuters on ...

By Idrees Ali and Phil Stewart WASHINGTON, Jan 28 (Reuters) - The United States is handing over to Venezuela a tanker that it ...

The captain of an oil tanker intercepted by the French navy in the Mediterranean Sea is in custody for questioning.

Tankers International has extended its coverage beyond the VLCC market to include Suezmax vessels. With the formation of a new ...

An expanding array of geopolitical risks — as well as surging crude supply — have pushed already elevated costs to hire oil ...