We'll focus this answer on the current brief.

The US sanctioned 14 vessels and separately designated two individuals and 15 entities tied to shipping and management of Iranian-origin oil and petrochemical products.

We'll focus this answer on the current brief.

Interim President Delcy Rodriguez signed an oil-sector reform bill into law after the National Assembly passed it, changing the legal framework to allow increased privatisation...

We'll focus this answer on the current brief.

TotalEnergies announced it has restarted construction of its $20bn LNG project at Afungi in Mozambique’s Cabo Delgado province after a suspension since 2021.

We'll focus this answer on the current brief.

US forces seized the oil tanker Veronica in the Caribbean as Venezuela’s interim president Delcy Rodriguez told parliament that legislation governing the oil sector would be...

We'll focus this answer on the current brief.

BP said it expects to write down up to $5bn from its green energy transition businesses as it refocuses on oil and gas while facing weaker oil trading and lower oil prices.

We'll focus this answer on the current brief.

The United States said it seized two tankers linked to Venezuelan oil exports in back-to-back operations in the North Atlantic and the Caribbean.

We'll focus this answer on the current brief.

Global oil tanker rates have reached five-year highs as US sanctions on Russian oil exporters prompt refiners to seek alternatives. This shift is reshaping the oil shipping...

We'll focus this answer on the current brief.

The US has sanctioned RN Ship Management in Maharashtra for allegedly transporting Iranian oil. This move is part of a broader effort to target companies involved in shipping...

We'll focus this answer on the current brief.

Millions of barrels of Russian crude are on their way to India as US sanctions loom. This situation raises concerns about the delivery and future of these shipments.

We'll focus this answer on the current brief.

Reliance has acquired 1 million barrels of crude oil from Kuwait Petroleum Corporation due to maintenance issues at KPC's refinery. This move follows Reliance's halt on Russian...

We'll focus this answer on the current brief.

Most Indian oil refiners have stopped buying Russian crude for December due to US tariffs and sanctions. This marks a significant change in India's oil purchasing strategy.

We'll focus this answer on the current brief.

Reliance Industries is now selling Middle Eastern crude oil after halting Russian imports due to sanctions. This shift is significant as it reflects the company's adaptation to...