Oil tanker rates continued to rise on Wednesday as concerns over further supply disruptions from US sanctions increased, ...

In 2024, new crude oil tanker deliveries dropped to a 36-year low as only 17 new tankers, with a capacity of 2.5m deadweight ...

US sanctions on Russian oil tankers and companies are driving up demand for Middle Eastern oil and causing a surge in global ...

Oil shipping rates are surging due to tightened global tanker supply following US sanctions on Russia. Shell and Shenghong Petrochemical booked VLCCs at significantly higher rates for February loading ...

The oil processing unit, located at the Shell Energy and Chemicals Park ... between a Bahamas-flagged bulk carrier and a bunker tanker. Earlier in June, Singapore saw its worst oil spill in ...

Royal Dutch Shell has cut its dividend for the first time since World War Two following the collapse in global oil demand due to the coronavirus pandemic. The energy giant also suspended the next ...

The White House, now unconcerned about the effect on gas prices and inflation, blacklisted two of Russia’s biggest oil ...

The International Tanker Owners Pollution Federation (ITOPF) categorises oil spills of less than seven tonnes as 'small'. Shell last year agreed to sell its Energy and Chemicals Park Singapore ...

SINGAPORE: Shell has shut down an oil processing ... The International Tanker Owners Pollution Federation (ITOPF) categorises oil spills of less than seven tonnes as small.