The first liquefied natural gas vessel from the lower 48 U.S. states is on its way to China, according to a Reuters interactive map on Friday, the latest sign that
Libyan oil exports from closed ports should resume in no more than one to two weeks after a deal was signed between the government and an armed brigade controlling the terminals,
MidEast, West Africa rates hit 11-month low.
Freight rates for very large crude carriers (VLCCs), which hit an 11-month low this week, could slide further next
Announcing its financial results today for the three and six months ended June 30, 2016 Gener8 Maritime, Inc. reported net income of $38.0 million, or $0.46 basic and diluted earnings per share,
Enterprise Products Partners on Thursday said the first ship to load ethane for export from its new terminal on the Houston Ship Channel will arrive on Aug. 1,
Facing a “gradually deteriorating market,” Sweden based tanker shipping company Concordia Maritime said it was able to post a profit in Q2 2016 based on high vessel
California's power grid operator extended its call for consumers to conserve electricity into Thursday as a heat wave continued to bake the state, especially the inland cities.
Marathon Petroleum Corp posted a better-than-expected quarterly profit, helped by lower operating costs and robust demand for gasoline during the summer driving season.
The accumulation of gasoline stocks in the United States has been driven by excess gasoline production rather than lack of demand, according to Valero, the largest
Berge Bulk Maritime confirms that an its VLOC (Very Large Ore Carrier) “BERGE BUREYA” – (IMO/LR # 9297539) operated vessel was involved in an oil spill incident
Brent on track for first monthly loss since January; weekly U.S. crude stocks fall less than expected.
Oil prices fell close to three-month lows on Wednesday after U.
Marking its seventh ship delivery in the span of just over a year, General Dynamics NASSCO has delivered the newly built ECO Class tanker Garden State for American Petroleum Tankers.
National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Saudi Aramco, reported a 47.2 percent increase in second-quarter net profit on Tuesday.
British oil major BP reported lower-than-expected profit for the second quarter due to weak refining margins and oil prices, prompting another cut to its 2016 investment budget to below $17 billion.
Hedge funds and other money managers have begun to amass another large short position in futures and options contracts linked to the price of crude oil.
Today, the Panama Canal marked another milestone with the transit of the first-ever liquefied natural gas (LNG) carrier through its expanded locks.
Compared to the first half of 2015, which saw throughput increased by 6.8 percent, the Port of Rotterdam handled 3 percent less cargo in the first six months of 2016,
Libyan Petroleum Facilities Guard (PFG) commander Ibrahim Jathran said on Monday he was ready to end a blockade at key oil terminals, but the U.N.-backed government
If you had asked Asia's refiners at the start of the year where they thought their profits would be coming from, it's likely many would have said gasoline. But
Record U.S. LPG exports to Asia flip market into a glut.
Last year, liquefied petroleum gas (LPG) supplied to Asia was being snapped up by petrochemical makers.