“First oil at the Future Growth Project is the latest in a series of development milestones, including in the Gulf of Mexico ...

US sanctions on Russian oil exports and tankers caused a surge in supertanker rates as the availability of tankers to ...

SINOPEC CORP (00386.HK)'s trading arm, Unipec, chartered a number of supertankers last Friday (10th), shoring up the freight rate sharply for each VLCC carrying 2 million barrels of crude oil, report ...

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

By Ben Aris in Berlin The Biden administration imposed theharshest ever oil sanctions ever on Russia on January 10 that ...

Fifty-nine percent, or 1.76 million TEUs, of this extra capacity was absorbed by the Asia-to-Europe trade, where many additional ships were needed as diversions around southern Africa’s Cape of ...

This was thanks to Rolex’s new, more efficient Chronergy escapement and high-capacity barrel. Additionally, caliber 3285 is equipped with Paraflex shock absorbers for better durability. These two ...

Dangote Refinery, which has an optimal capacity of 650,000 barrels per day, may resort to crude imports at international market prices if local supply diminishes. The Nigerian Upstream Petroleum ...

New Delhi: As barren arid land gets covered with solar panels and giant windmills dot the coastline, India made it to the high table of clean energy superpowers with installed capacity crossing 200 ...

India's renewable energy capacity has surpassed 200 GW. The country plans to reach 500 GW by 2030. Investments will double to USD 32 billion by 2025. Green hydrogen policies, and improvements in ...

a potential 250 million barrels — or 10.5 billion gallons — of oil could be extracted from a layer as shallow as 50 feet lower than a reservoir already being drilled. To produce such a volume ...