The amount of Russian and Iranian oil held on ships has hit multi-month highs as harsher U.S. sanctions reduced the number of ...

The transshipment terminal in eastern Newfoundland that serves as a critical storage facility for offshore oil resumed ...

Part of Russia's Pacific island region of Sakhalin is on high alert after a Chinese cargo ship ran aground off its southwest ...

The governor of Sakhalin, a Russian island in the Pacific, has declared an emergency after a Chinese cargo ship got stuck ...

Tightened U.S. sanctions on Moscow have disrupted a roaring trade in discounted Russian oil to China and India, reviving ...

A huge and growing amount of Russian and Iranian oil is stuck on tankers worldwide as Western sanctions continue to impede ...

Russian media reported on Sunday that the foreign registered tanker “Koala” carrying 130,000 tons of fuel oil was damaged by ...

Part of Russia’s Pacific island region of Sakhalin is on high alert after a Chinese cargo ship ran aground off its southwest coast ...

Vladimir Putin is poised to move thousands of tons of military equipment through the English Channel on its way to Russia. A ...

Three explosions have reportedly occurred in the engine room onboard the oil tanker Koala in the Gulf of Finland.