Reuters (Baird)

Footage published by the SBU showed a powerful explosion erupting from the water at a pier near where a submarine and other vessels were docked. Reuters confirmed the location of …

Azerbaijan’s oil exports via the Baku-Tbilisi-Ceyhan (BTC) pipeline fell to 24.9 million tonnes in the January-November period, a decline of 7.1 per cent from a year earlier as supplies were …

Venezuelan state oil company PDVSA was subject to a cyber attack orchestrated by the US and domestic conspirators, the company and the country’s oil ministry said in a statement on …

The volume of Venezuelan oil already headed to China before the US seized a tanker off the South American country’s coast last week, plus a glut of crude in storage …

A tanker carrying Russian naphtha for Venezuelan state oil company PDVSA and at least four supertankers due to pick up crude cargoes in Venezuela have made u-turns after the US …

The European Union (EU) adopted fresh sanctions against Russian oil interests on Monday, targeting traders Murtaza Lakhani and Etibar Eyyub for helping Moscow to circumvent Western sanctions on crude exports …

Greek police have arrested five suspected members of an international crime ring trafficking an estimated seven tonnes of cocaine from Venezuela to Europe on a Greek-operated fishing vessel, two police …

State-rescued German shipbuilder Meyer Werft has secured a major order worth up to €10 billion ($11.7 billion) from Swiss cruise operator MSC Cruises, ensuring capacity utilisation until the mid-2030s, the …

Russia imposed a partial ban on diesel exports at the end of September and extended a gasoline export ban until the end of the year. The ban on diesel exports …

On top of this, production could be severely curtailed if US restrictions impede imports of naphtha and diluents that are critical for the extraction and processing of Venezuelan oil. Over …

Oil prices climbed on Monday as supply disruptions linked to escalating US-Venezuela tensions outweighed oversupply worries and the impact of a potential Russia-Ukraine peace deal. Brent crude futures were up …

The delivery of two new mooring points to the Caspian Pipeline Consortium’s (CPC) Black Sea terminal has been brought forward to January from April, Kazakhstan’s Energy Minister Yerlan Akkenzhenov said …

The cost of shipping oil is likely to remain high in the first half of 2026 as the global fleet ages and a rising number of vessels are hit with …

The Philippines said it was alarmed by the actions of China’s Coast Guard, saying the use of water cannons and dangerous manoeuvres that cause injury and damage, "cannot be justified". …

Singapore's marine fuel sales in November were largely unchanged from the previous month, official data showed on Monday. Sales at the world’s largest bunker hub for ships totalled 4.82 million …

Venezuela's remaining regional allies voiced support for the government in a summit on Sunday, condemning the Trump administration’s seizure of an oil tanker last week. The seizure of the Skipper …

Germany will host US and Ukrainian delegations over the weekend for talks on a ceasefire in Ukraine, before a summit with European leaders and President Volodymyr Zelenskiy in Berlin on …

Chinese state-owned agribusiness COFCO International is loading the first bulk commercial shipment of Argentine wheat bound for China, opening a new trade route between the two countries, the company said. …

Ukraine's navy accused Russia of deliberately attacking a civilian Turkish vessel carrying sunflower oil to Egypt with a drone on Saturday, a day after Moscow hit two Ukrainian ports. In …

Iranian authorities detained 18 crew members of a foreign tanker seized in the Gulf of Oman on Friday that they said was carrying six million litres of smuggled fuel, Iranian …

European Union fisheries ministers struck a deal on Saturday on 2026 fishing quotas, avoiding an earlier proposal to tighten restrictions in the Mediterranean. Spain, which opposed a European Commission plan …

The US Government carried out its seizure of the tanker Skipper off the coast of Venezuela on Wednesday just as a judge-signed warrant was set to expire, according to the …

The Philippine Coast Guard said on Saturday that three Filipino fishermen had been wounded and two fishing vessels suffered significant damage when Chinese Coast Guard ships fired water cannon in …

The admiral in charge of US military forces in Latin America retired two years early on Friday, amid rising tensions with Venezuela that include Wednesday’s seizure of an oil tanker …

Venezuelan oil exports have fallen sharply since the United States seized a tanker earlier this week and imposed fresh sanctions on shipping companies and vessels doing business with the Latin …

A US special operations team in the Indian Ocean raided a ship headed to Iran from China last month and seized military-related articles, the Wall Street Journal reported on Friday, …

Iran has seized a foreign tanker allegedly carrying six million litres of "smuggled diesel" in the Gulf of Oman, Iranian state media said on Friday. Iran, which has some of …

Venezuelan opposition leader Maria Corina Machado on Friday promised political change after slipping out of the country in secret to collect the Nobel Peace Prize, as the Trump administration's seizure …

The attack on Friday came hours after Turkish President Tayyip Erdogan told Putin that a limited ceasefire for energy facilities and ports could be beneficial. Ukrainian President Volodymyr Zelenskiy posted …

Sibur, Russia’s largest producer and exporter of liquefied petroleum gas (LPG), has delivered a first cargo of LPG to China from the Baltic Sea port of Ust-Luga, the main gateway …

Some 60 African illegal migrants were brought to Malta on Friday after their boat capsized close to the Mediterranean island. This is one of the biggest groups to arrive in …

The contract is down 22 per cent so far this week. "Inventories are above average and it's going to warm up dramatically over the Christmas holiday weekend," said Phil Flynn, …

Delays for oil tankers passing through the Turkish straits have climbed to about 12 days for a round trip to the Black Sea, up from about seven days last week, …

A bulk carrier in Ukraine’s Odesa region suffered damage and was on fire after a Russian attack on Friday, two sources familiar with the matter told Reuters. One of the …

The oil supertanker Skipper that was seized by the US near Venezuela this week as part of an increased pressure strategy against illegitimate President Nicolas Maduro, is heading to Houston, …

Brazil’s federal government plans to hold the auction of the Santos port’s massive Tecon 10 container terminal in the first half of March, Ports and Airports Minister Silvio Costa Filho …

Ukraine’s special forces said on Friday they had conducted an operation alongside what they described as a local resistance movement to hit two Russian ships transporting weapons and military equipment …

Oil prices rose on Friday supported by concerns of Venezuelan supply disruptions, though they remained on track for a weekly drop amid cautious market sentiment and optimism over the prospects …

China’s natural gas consumption will likely expand five per cent next year from this year, and consumption by the industrial and city-gas sectors is set to grow in coming years, …

Papua New Guinea (PNG) said on Friday that Alphabet’s Google will build three subsea cables, funded by Australia under a mutual defence treaty, in a key upgrade to the digital …

Australia said on Friday it would not oppose a proposal by South Korea's Hanwha to nearly double its stake in Australian shipbuilder Austal, but the deal will be constrained by …

Suncor Energy on Thursday forecast lower spending in 2026 despite higher oil and gas production, as it ramps up output from its oil sands operations, tightens costs and boosts shareholder …

Oil exports of the Caspian Pipeline Consortium (CPC), which ships oil from Kazakhstan via a pipeline and subsequently a Russian Black Sea terminal, declined by 12 per cent in November …

Germany’s top fiscal court has ruled that authorities cannot for now sell or otherwise use an oil tanker and its cargo seized off the Baltic Sea coast, siding with the …

German gas grid operator Gascade on Thursday said it has converted a 400-kilometre high-pressure pipeline to transport “low-carbon hydrogen” southwards from the Baltic Sea as part of a European core …

Shell is preparing to launch a new drilling campaign in the PEL 39 exploration block offshore Namibia from April 2026 with its partners QatarEnergy and Namibia’s national oil company Namcor. …

The US is preparing to intercept more ships transporting Venezuelan oil following the seizure of a tanker this week, as it increases pressure on illegitimate Venezuelan President Nicolas Maduro, six …

The United States imposed new sanctions on Thursday on three nephews of Venezuelan President Nicolas Maduro and six ships transporting the nation’s oil, Axios reported. The measures will be announced …

Russia’s seaborne grain exports in November rose for the first time this season to six million tonnes, 26.6 per cent up compared to the same month in 2024, shipping data …

Ukrainian aerial drones struck a Russian oil platform in the Caspian Sea for the first time on Thursday, halting production at the facility owned by Lukoil, according to an official …