Oil loadings at Russia's Black Sea major terminals of Novorissiisk and Yuzhnaya Ozereevka have been suspended over paperwork ...

Foreign oil tankers are being temporarily barred from loading at Russia's main Black Sea ports following new regulations, two ...

The vessel Talara was supposed to load 60,000 metric tons (447,000 barrels) of ultra-low sulphur diesel on July 21 at ...

Nayara Energy, an Indian refiner with Russian backing, faced EU sanctions. The company then revised payment terms for a ...

These measures are set to isolate Nayara from the European distillate market within a transition period of a few months.

Last week, the European Union agreed on its 18th package of sanctions against Russia, which included a ban on the import of refined oil products derived from Russian crude. Whether this bolsters calls ...

Global shipping firms and petroleum traders are reportedly avoiding Nayara Energy, an Indian refiner, following recent EU ...

Global oil market observers are waiting to see if the hesitation among shipowners will spread beyond logistics to trading counterparties and even financiers.

Vikram Misri made the remarks in response to a question at a media briefing on Prime Minister Narendra Modi's four-day visit to the UK and the Maldives ...

As the two biggest economic targets in Donald Trump’s trade war, some analysts thought the European Union and China could ...

In general, Russia has been provided with recoverable reserves of natural gas at the current production level for more than 100 years, and oil for about 64.5 years," commented the Minister of Natural ...

Vernon Jayanathan of Maritime Recruitment Company Ltd discusses the various factors behind bunker traders jumping ship.