Trade in Russian crude loading for Asia in March has come to a screeching halt as tanker rates are soaring and shippers are scrambling for non-sanctioned vessels following the latest U.S ...

The Federal Fire Service, FFS, has called on tanker owners across the country to equip their vehicles with anti-spill locks to avert further petrol tanker explosions that can cause loss of life ...

The FRSC said it has established commands at tank farms to inspect tankers before they are allowed to load and transport petroleum products. Additionally, the commission disclosed that it has ...

National Orientation Agency, NOA, has cautioned Akwa Ibom residents against scooping petrol from crashed tankers over attendant risks. Addressing Journalists in Uyo on Monday, Mkpoutom Mkpoutom ...

(Bloomberg) -- Two oil tankers hauling crude from Russia made U-turns as they sailed past France and are now at a standstill near the northern port of Cherbourg. There’s no suggestion their ...

Oil shipping rates continued their rally Wednesday on expectations of a tightening in global tanker supply from the latest U.S. sanctions on Russia's fleet and traders' demand for ships to load ...

For comparison. Traders are expected to seek more tankers to load crude from Saudi Arabia in February, which could drive freight rates higher, the shipbroker said. China's Unipec booked a further ...

DeepSeek claims its engineers trained their AI-model with $6 million worth of computer chips, while leading AI-competitor, OpenAI, spent an estimated $3 billion training and developing its models ...

UYO – The National Orientation Agency (NOA) has intensified its public awareness campaign against the dangerous practice of scooping fuel from crashed tankers, warning citizens to avoid such ...

Celtic Renewables has recently released the first tanker load of green chemicals from its Grangemouth plant, marking the beginning of regular shipments. The company takes by-products and waste ...

Oil tankers are ships designed for transporting bulk oil and/or its derivative products. Tanker ships can be either crude tankers that transport unrefined crude oil or product tankers that ...

The latest U.S. sanctions on Russia’s oil and gas sector have raised the cost of chartering tankers not under restrictions so significantly that trade with China and India for delivery in March has ...