Reduced to a marginal oil producer over the past decade, Venezuela has suffered another blow as United States president Donald Trump ordered punitive measures to blockade and further restrict the ...

Stock markets in the United Arab Emirates closed lower on Friday, in line with oil prices as oversupply concerns amid ...

Some tankers Chevron had chartered to move crude from Venezuela to the U.S. this month are now being marketed for spot ...

UK broker Braemar is predicting an oversupply of crude tanker tonnage in the Atlantic as Venezuela halts exports to the US.

US tariffs have disrupted global oilfield supply chains, leading to increased costs and prompting shifts in sourcing ...

UAE's ADNOC signs 15-year LNG supply agreements with China's ENN Natural Gas and Zhenhua Oil. Find the latest news from the maritime industry on the PortNews website.

Despite sweeping Western sanctions, Russia has steadily exported oil to countries outside the sanctions coalition. India and ...

Chinese firm ENN Natural Gas has signed a 15-year deal to source LNG from ADNOC’s new liquefied natural gas export project in ...

Saudi Arabia’s state oil company and one of China’s main electric carmakers agreed to explore closer collaboration on new ...

Coordinating Minister for Economic Affairs Airlangga Hartarto on April 18 said Indonesia has proposed increasing its imports ...