On the night of Dec. 15, 2024, two Russian oil tankers, Volgoneft-212 and Volgoneft-239, sank in the Kerch Strait, a narrow ...

Wall Street buzzed with rumors last week that Billionaire Jean Paul Getty, 65, the richest American (TIME, March 4), would soon unite the three major oil companies that he controls. Together the $ ...

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 ...

India plans to reject oil tankers that have been sanctioned by the US due to their role in transporting cargo for Russia. This is another example of the impact of Washington's measures on the ...

Part of Russia's oil tanker fleet has been forced to change the flag under which they fly, as US and UK sanctions exert ...

A view of the unmaneuverable oil tanker "Eventin" off the coast of the island of Ruegen. The oil tanker, which flies the flag of Panama, drifted for several hours in the Baltic Sea off the coast ...

Oil tanker rates jumped on Monday as the Biden Administration’s sanctions on Russia’s petroleum trade threaten to cut the supply of ships while forcing traders to seek alternative sources of ...

Much of the oil was delivered via fleets of dark or shadow tankers — tankers with unclear ownership structures created through various entities that make it difficult to pin down who actually ...

[Stay on top of transportation news: Get TTNews in your inbox.] Oil tanker rates jumped Jan. 13 as the Biden administration’s sanctions on Russia’s petroleum trade threaten to cut the supply ...

Many of the vessels, specialized tankers, and shuttle tankers transporting Russia’s oil from the Arctic and Far East Pacific fields and production clusters to Asia have now been sanctioned.

Germany is working to secure a drifting Russian oil tanker, believed to be part of Moscow’s “shadow fleet” used to fund its war in Ukraine, after it lost control in the Baltic Sea. The ...

Oil spill in the Black Sea contaminates beaches and threatens wildlife, amid little to no response from the Russian ...