Chevron has announced the start of oil production at a project that is expected to boost tanker loadings in the Black Sea. The US energy giant said the joint venture that runs the Future Growth Pr ...

A chunk of Russia’s oil tanker fleet is being forced to change the flag they sail under as US and UK sanctions heap pressure ...

“In 2024, new crude oil tanker deliveries dropped to a 36-year low as only 17 new tankers, with a capacity of 2.5m deadweight tonnes (DWT), joined the fleet. Compared to 2023, the capacity ...

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 energy giant is spending nearly $50 billion to expand the Tengiz oil field, allowing it to pump one million barrels a day. By Stanley Reed Chevron said Friday that it had completed an ...

VLCC fleet growth went into reverse last year as crude tanker deliveries hit a 36-year low. Shipowners’ organisation Bimco calculated that shipyard handovers fell 74% from 2023, with only 17 new ...

Trump is driving uncertainty in oil markets as he pressures OPEC to boost production while threatening some trade partners ...

11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets ...

HOUSTON, January 24, 2025--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) announced today that its 50 percent owned affiliate Tengizchevroil LLP (TCO) has started oil production at its Future ...