Russia appears to be on the cusp of a debilitating oil-freight transportation problem because of US sanctions, writes ...

The bloc will be key in “filling an Iranian-shaped hole in global oil supply” by sticking to a plan to begin unwinding 2.2m ...

Explosions were reported on board an oil tanker believed to be used by Russia's "shadow fleet," docked in Ust-Luga in northwest Russia, near President Vladimir Putin 's home city of St. Petersburg.

Oil tankers are ships designed for transporting bulk oil and/or its derivative products. Tanker ships can be either crude tankers that transport unrefined crude oil or product tankers that ...

Tanker stocks rose in New York and Oslo after Donald Trump said the US would put “maximum pressure” on Iran to curb oil exports. Frontline jumped 7.5% in New York to $18.87 per share. Shares traded ...

As Shana reported, Mohammad Meshkinfam stated that at the start of the 14th administration, a comprehensive plan titled “Real-Time Monitoring of the Oil Products Supply and Distribution Chain” was ...

It represents more than a third of the roughly 600 ships in this fleet, which accounts for 70% of Russia's oil exports.

A heavily-laden Russian oil tanker ran aground in the Baltic Sea in northern Russia on Sunday, according to media reports. In ...

The review will reportedly assess whether companies and individual owners are complying with regulations on transporting oil and petroleum products. The inspection will cover around 500 maritime and ...

Photos obtained by CBC News reveal the extent of the damage to an important oil terminal in Newfoundland and Labrador after a ...

From there, the crude oil is transported by tanker. Besides its primary role as the most important energy source, crude oil is also an essential raw material for manufacturing plastics.