The majority of vessels passing through Montrose port consist of coasters, short sea traders, and, since the early to ...

SINGAPORE] Seatrium recorded net order book wins amounting to S$21.3 billion as at end-March, comprising 26 projects with ...

ADNOC Drilling will acquire a 70% stake in oil services firm SLB's onshore rig business in Oman and Kuwait for up to $112 ...

Shipbroking group SSY is starting a new offshore drilling rig business, two years after breaking into brokerage for offshore ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

A supertanker loaded with ESPO crude has been left anchored near Taiwan for days, signaling growing hesitation from Chinese ...

The Big Star, a huge tanker with 2.1 million barrels of Russia's ESPO Blend oil onboard, has been waiting near China in a potential sign of weaker demand for the crude in the region, LSEG data showed ...

Yes, the oil they retrieve could become fuel or some other petroleum product, but they generally make money from retrieval via drilling on an oil rig or fracking in gas field—not sales.

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