Some first movers could jump on an interim US-Iran deal, but industry sources say the shipping sector will need more ...

A flurry of activity surrounding LNG export projects in Canada, Mexico and Alaska reflects the major role North America could ...

Nova Scotia is preparing to open its onshore gas fields to drilling, while Newfoundland hopes to tap into vast offshore ...

Western sanctions designed to limit Moscow's crude export revenues are stalling as Russia cranks up seaborne shipments, ...

Beneath the recent headline improvement in US refined product stocks, there is more localized risk, particularly in East ...

Russia’s Arctic LNG 2 has made an early start to summer navigation on the eastward leg of the Northern Sea Route (NSR), the direct route to Asia crucial for the blacklisted project to increase exports ...

Iraq’s new government has approved plans to hike crude exports by pipeline and truck in the coming months, utilizing routes that bypass the Strait of Hormuz, as it scrambles to offset the collapse in ...

Crude prices retreated on Thursday as markets were once again focused on headlines on diplomatic efforts in the Middle East.

China has managed to weather the ongoing oil supply crisis so far, thanks largely to trends taking shape well before tanker traffic through the Strait of Hormuz came to a near-standstill on Feb. 28.

Global commodities trader Trafigura’s net profit during the half-year period ending Mar. 31 surged to $4.1 billion, as it took full advantage of the market turbulence caused by the near-closure of the ...

Venezuela’s National Assembly on Tuesday approved the first reading of a bill that would open up the country's electricity sector to private investment.

Russian oil and gas revenues surged by over 32% in May to 678.9 billion rubles ($9.4 billion) compared to year-earlier levels, propped up by elevated global crude prices driven by the Middle East war.