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 ...

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 ...

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

The United States is committed to aggressively implementing and enforcing sanctions targeting Iran’s entire oil supply chain, including sanctioning those who help Iran evade sanctions and export ...

Turkey, India, Pakistan, Morocco and much of emerging Europe relying on oil imports are set to see some benefits from lower ...

A vessel chartered by Chevron carrying some 500,000 barrels of Venezuelan oil is about to complete the discharge of the cargo at a Venezuelan ...

Chevron Corp. was ordered to return nearly 1 million barrels of Venezuelan oil to Petroleos de Venezuela SA in a blow to the ...

Chevron Corporation, a major U.S.-based oil company, has been told to send back almost 1 million barrels of oil to Venezuela.

The Trump administration has imposed new sanctions on Iranian oil trading networks, targeting a China-based crude oil terminal and entities involved ... Meanwhile, the sanctions also target UAE-based ...