A fire broke out in an oil tanker during unloading oil at a petrol pump on Canal Road. The fire spread to two shops, a nearby rickshaw and a motorcycle. Rescue teams contained the fire after ...

"For decades, shippers, tank car manufacturers and railcar repair shops have relied on Trelleborg to provide high-performance ... Still, the company mainly is keeping its eye on just a few standout ...

Crude oil prices fell for much of Wednesday morning even as major oil companies rallied. Brent crude recovered midday and was trading close to flat, while a basket of U.S. oil and gas exploration ...

The US has arrested a Turkish ship manager accused of transporting sanctioned Venezuelan oil using tankers with their names hidden and electronic tracking turned off. Taskin Torlak, 37 ...

This factor further impacted Chinese crude oil imports. Teekay Tankers published its 3Q24 results on October 30. YoY TNK reported declining revenues, operating, and net income due to the softer ...

Ever since Russia invaded Ukraine in February 2022 and oil prices soared around the globe, the oil industry has enjoyed three highly lucrative years with historic profits. The sector is still ...

The UK has spent more than a year trying to get hundreds of guns moved from floating armories that are helping Russia profit enormously from its oil trade ... 250-meter long tanker had just ...

Air Force hedges on next-gen tanker plans: The U.S. Air Force has been devising plans to develop a future tanker called the Next Generation Air Refueling System, or NGAS, to use in contested ...

OPEC remains very positive on demand for oil in both the short and long term, Secretary General Haitham Al Ghais said on Monday. French oil major TotalEnergies forecast global oil demand will peak ...

ABU DHABI, Nov 4 (Reuters) - The Organization of Petroleum Exporting Countries (OPEC) is very positive on demand for oil in both the short and long term, Secretary General Haitham Al Ghais said at ...

The split in global shipping caused by Russia’s invasion of Ukraine could result in a permanent parallel fleet of substandard tankers with inadequate insurance, the head of a global oil ...