Rebels deny losing control of North Korean-flagged tanker; Government says tanker being taken to western port. Oil blockade has slashed vital government revenues.
U.S. crude stocks likely rose 2.2 mln barrels last week.
By Manash Goswami
Brent futures were steady on Tuesday and held above $108 a barrel as a worsening
Libyan government forces on Monday seized a tanker that had loaded crude at a port under the control of rebels who plan to sell oil independently of the Tripoli government,
By Oleg Vukmanovic and Henning Gloystein, Reuters
As Russia tightened its grip on Ukraine's Crimea region this month, U.S. and European Union officials were
The U.S. Coast Guard reported that it is responding after a 600-foot tanker vessel, Sea Pride, allided with the Memorial Bridge in Portsmouth, N.H., at approximately 5:30 a.
Reuters - Libya's parliament has ordered the formation of a military operation to end the occupation of oil ports by rebels, a spokesman said on Monday, after a
A North Korean-flagged tanker has finished loading crude at the Libyan rebel-controlled port of Es Sider but has not yet left the terminal, Libyan oil officials said on Monday.
Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargos, has announced that it has taken delivery of M/V Star Sirius
German-based shipowner Harren & Partner (H&P) will implement the DNV GL business intelligence software systems ShipManager Analyzer and ShipManager QHSE for its entire fleet of 52 vessels.
Reuters - The main shareholder in D'Amico International Shipping has launched a placement of up to 42.2 million shares, or about 10 percent in the Italian shipper, the company said on Thursday.
Drydocks World announced the completion and delivery of Eagle Louisiana, the second of two Modular Capture Vessels (MCV) for the U.S. The first MCV, Eagle Texas,
Reuters- Russia's oil pipeline monopoly Transneft said on Thursday it plans to nearly triple exports of ultra low sulphur diesel (ULSD) from the Baltic Sea port
By Lin Noueihed, Reuters
Egypt is enhancing exploration terms and striving to repay nearly $5 billion it owes to foreign oil and gas producers as it struggles
Goldman Sachs' head of oil and agricultural trading, Karl Robijns, is retiring from the firm, an internal memo seen by Reuters showed.
EU leaders set to warn, not sanction Russia; U.S. crude stocks rise more than expected. U.S. jobs data, services data point to lower oil demand.
By Shadi Bushra
Reuters - U.S. Energy Secretary Ernest Moniz said on Wednesday the administration considers geopolitical concerns such as the crisis in Ukraine when reviewing applications
Company agrees to pay $1.2 million penalty; $300,000, will fund Long Island Sound projects.
Singapore-based Odfjell Asia II Pte Ltd and one of its senior crew
By Alex Lawler and Peg Mackey, Reuters
Iraq is reclaiming its rank as the world's fastest-growing oil exporter, cushioning consumers from Libyan supply outages for now and,
Reuters - A top Federal Reserve official said on Tuesday he is closely watching the unfolding crisis in Ukraine for potential effects on U.S. economic growth and volatility in commodity prices.
Reuters - Bulgaria, heavily dependant on Russia for gas and oil, will estimate its own reserves and seek alternatives to cope with any worsening of the Ukrainian crisis, it said on Tuesday.