Oil jumps 4 percent on modest OPEC output increase
Oil prices jumped more than 4 percent on Friday after major producers agreed to modest crude output increases to compensate for losses in production at a time of rising...
Oil prices jumped more than 4 percent on Friday after major producers agreed to modest crude output increases to compensate for losses in production at a time of rising...
East Libyan forces said on Thursday they had retaken the shuttered oil ports of Es Sider and Ras Lanuf, hours after clashes resumed south of Ras Lanuf during a...
Image Courtesy: Ocean Affairs Council One of two tankers that ran aground off Kaohsiung, Taiwan last week, split in two in the morning hours of June 18. According to Taiwan’s...
One of two oil storage tanks ignited amid clashes at the Libyan oil port of Ras Lanuf has collapsed after burning for several days, a local engineer and a...
Image Courtesy: Indian Navy Indian naval forces managed to drop an anchor from the ill-fated merchant vessel SSL Kolkata on June 16, only days after the ship caught fire off...
A fire in the hold of a bulker ship on Monday briefly closed Australia’s Port Kembla, the second-largest coal export port in New South Wales state, stopping shipping for...
The Meridian Port Services Limited (MPS) has taken delivery of the first financing package of the required financing to execute the Tema Port expansion project. An amount of $100...
Caption: More than 100 firefighters battled the blaze at Port Kembla – Images courtesy of Fire and Rescue NSW Operations at Port Kembla have been suspended as firefighters continue to battle a large...
True to its projections, Malaysia’s Yinson Holdings announced that it has entered negotiations with a Nigerian company to supply a floating production storage and offloading (FPSO) unit. Yinson said...
River/coastal Thai cargo ship PATHARA MARINE 6 capsized and sank at around 2340 LT (UTC +7) Jun 13 off Ko Si Chang island, while en route from Laem Chabang...