Hanwha Ocean Co., a major South Korean shipbuilder, said Monday it has secured a 371 billion-won (US$257.7 million) order to ...

Russia’s Arctic oil exports to China are set to rise sharply this month buoyed by a jump in ship-to-ship transfers at sea to ensure tankers pulling into port are not on U.S. sanctions lists, according ...

NEW YORK (Reuters) - U.S. crude stocks rose last week despite a major increase in exports, while fuel inventories fell, the Energy Information Administration said on Wednesday. Crude inventories ...

SINGAPORE, April 14 (Reuters) - China's crude oil imports in March rebounded sharply from the previous two months and were up nearly 5% from a year earlier, data showed on Monday, boosted by a ...

A very large crude carrier (VLCC) that was not sanctioned and previously involved in Iranian ship-to-ship (STS) deliveries has been observed carrying Russian Arctic crude to Shandong, China.

During the financial year 2003-04,the company ventured into the Very Large Crude Carrier (VLCC) sector for the first time. During the year 2004, Grate Eastern signed a contract to acquire a 1983 ...

The closure has already started this week in a crude unit and several secondary units, including a diesel hydrotreater, according to a report by Economic Times. The affected refinery is part of ...

“That was a very serious moment for me,” she told People ... “It’s not something that came lightly,” she told the outlet. “It came as a big shock, but it made me conscious of what ...

KUWAIT, 9th April, 2025 (WAM) -- Kuwait crude oil edged 58 cents higher during Tuesday's trading sessions to reach US$67.59 per barrel compared with US$67.01 pb the day before, Kuwait Petroleum ...

It would, however, not make very large crude carriers (VLCCs) due to infrastructural shortcomings, but may consider it later depending on market conditions. Separately, Korean shipbuilder Hanwha ...

American ports aren't wide enough for very large crude carriers and American rice "can hardly compete with Southeast Asian rice in terms of quality, appearance, taste, and price." China also ...

Barbara Harrison, Chevron’s vice president for crude supply and trade, said that "nobody makes these investment decisions on the basis of very short-term fluctuations ... "I wouldn't recommend that ...