Wednesday, April 15, 2026

Oil

Subscribe

To our FREE newsletter
Get all the latest maritime news delivered straight to your inbox.

Oil

Russian Oil Tankers Rerouting from Canadian Destinations

Two oil tankers owned and managed by Russia’s largest maritime and freight shipping company, Sovcomflot, which was blacklisted by the United States last week...

Russian Oil Disruptions Escalate Causing Global Prices to Rise

Disruptions to Russian oil exports intensified on Wednesday with more countries and companies refusing to import and transport Russian crude and at least 10...

Platts – Oil, shipping markets look to navigate sanctions, conflict

Oil companies, refiners, shippers and traders are all weighing their involvement and exposure to Russia after financial sanctions were imposed in response to the...

Russian oil buyers struggle with payments and vessels -traders

Buyers of Russian oil have faced massive difficulties over payments and availability of vessels after imposition of Western sanctions against Moscow over Ukraine, traders...

Britain’s BP says to exit stake in Russian oil giant Rosneft

BP is abandoning its stake in Russian oil giant Rosneft in an abrupt and costly end to three decades of operating in the energy-rich...

Vitol CEO Sees Oil Above $100 for a ‘Prolonged Period’

Oil prices could be set for a “prolonged period” above $100 a barrel over the next six to nine months, with the world setting...

OPEC+ would seek to bring Iran into oil supply deal

OPEC+ will work to integrate Iran into its oil supply-limiting accord should agreement be reached on reviving its nuclear deal with world powers, sources...

Asian refiners eager to resume Iranian oil imports as high prices bite

Asian refiners, traditionally big buyers of Iranian oil, are keen to resume imports from Iran if there is an agreement to revive a 2015...

Iranian crude inflows seen in Dec for first time in 2021, at 62,000 b/d

Iranian crude inflows were seen in China’s official data in December for the first time in 2021, at 260,312 mt or 61,551 b/d, General...

ExxonMobil Makes Pledge for Net Zero GHG Emissions by 2050

Exxon Mobil Corp on Tuesday pledged to cut to zero its net carbon emissions from its global operations by 2050, a step in the...

Video

Latest Articles

Finance & Economy
Shipping News
Ports

Port of Los Angeles posts solid first quarter performance

The Port of Los Angeles processed 752,520 Twenty-Foot Equivalent Units (TEUs) in March, a slight 3% decrease compared to last year when shippers front-loaded...

Wallenius Lines becomes sole owner of Wallenius SOL

Wallenius Lines has entered into an agreement to acquire SOL Group’s shares in Wallenius SOL, thereby becoming the sole owner of the company. The...

Diana Shipping Inc. sends open letter to Genco Shipping & Trading Shareholders

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that owns approximately 14.8% of the...

Wilhelmsen Ship management and MPC Capital launch vessel IT joint venture

MPC Capital and Wilhelmsen Ship Management have combined to launch a joint venture called Waterway IT, an independent provider of onboard Information Technology (IT)...

HD Korea Shipbuilding & Offshore Engineering Prices $1.55 billion exchangeable bond on strong global demand

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has successfully priced a large-scale overseas exchangeable bond (EB), attracting strong demand from global investors and...

Höegh Autoliners welcomes the Höegh Pacific to its fleet

Last week, Höegh Autoliners celebrated and welcomed yet another newbuild to the Höegh fleet. The...

US, Iran agree to two-week ceasefire with reopening of Strait of Hormuz

The United States and Iran have agreed to a two-week ceasefire, reaching a deal...

UAE says the use of Hormuz must be guaranteed in any US-Iran deal

UAE official Anwar Gargash said any settlement of the U.S.-Iran war must guarantee access...

Union of Greek Shipowners: Travlos meets Commissioner Tzitzikostas

The President of the Union of Greek Shipowners, Melina Travlos, together with members of...

Iran says Iraqi ships are allowed to use Strait of Hormuz

The Iranian military said major oil producer Iraq is exempt from shipping restrictions in...

Port of Los Angeles posts solid first quarter performance

The Port of Los Angeles processed 752,520 Twenty-Foot Equivalent Units (TEUs) in March, a slight 3% decrease compared to last year when shippers front-loaded...

Piraeus Port Authority to participate in Seatrade Cruise Global Exhibition

Piraeus Port Authority (PPA) continues to strengthen its international presence in the cruise sector by participating in the Seatrade Cruise Global Exhibition, the industry’s...

Piraeus Port delivers strong 2025 financial performance

Piraeus Port Authority S.A. announced its financial results for fiscal year 2025, reporting record-high revenue and EBITDA, as well as strong performance across its...

Delegation from the Japanese Embassy visits the Piraeus Port Authority

Piraeus Port Authority S.A. welcomed a delegation from the Embassy of Japan in Greece to its headquarters, led by Shu Tamaura, Director of the...

1st Blue Heritage Summit Thessaloniki: The digital transformation of Greek ports

The development of smart applications is a one-way path for Greek ports, offering significant benefits in terms of resilience during times of crisis, while...