The Nigerian National Petroleum Company Limited (NNPC) has clinched another breakthrough export deal by shipping out its own cargo to a customer in Europe, THISDAY learnt at the weekend.

A large oil spill in 2011 from a floating oil production vessel off the coast of Nigeria, known as the Bonga, was one of the ...

Keep up with the latest news in business & general aviation and specific featured experts on Wednesday’s AirMail Focus It is our mission to be the go-to leaders in the aviation industry. GlobalAir.com ...

NEW DELHI, - An ageing tanker loaded with Russian oil that was barred by Indian authorities is transferring its cargo to a second ship to complete the delivery, according to two sources and ship ...

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Mostly sunny with a chance of rain. Chance of precipitation 35%. High temperature around 58F. Dew point will be around 39F with an average humidity of 64%. Winds will be 3 mph from the SW. Partly ...

Oil traders are avoiding Chinese-built tankers due to proposed U.S. port fees. The proposed fees could add up to $1.5 million per port entry for Chinese vessels. This shift is disrupting the ...

Oil tankers are ships designed for transporting bulk oil and/or its derivative products. Tanker ships can be either crude tankers that transport unrefined crude oil or product tankers that ...

The ships receive oil pumped from wells beneath the seabed and transfer it to tankers. Reporting by The Associated Press, ...

A cargo ship involved in a fiery collision with an oil ... tanker, was anchored around 12 miles off the East Yorkshire coast when it was hit by the Portuguese-flagged Solong on March 10.

Dimitris Procopiou-led Centrofin is being named as the company behind a series of crude oil tankers inked at Samsung Heavy ...