An oil tanker attacked by Yemen's Houthi rebels in the Red Sea, raising fears of an environmental catastrophe, has been successfully salvaged, security firm Ambrey confirmed on Friday.. The ...

Oil prices edged up to a two-week high on Tuesday on forecasts for less U.S. oil production, renewed Houthi attacks on shipping in the Red Sea, worries about U.S. tariffs on copper and technical short ...

Black Sea oil spill widens, Russian authorities say. By Reuters. January 10, 2025 2:09 PM UTC Updated January 10, 2025. Item 1 of 2 Volunteers work to clear spilled oil on the ...

The potential oil spill could become one of the worst environmental disasters in recent history. Greek-flagged oil tanker Sounion burns in the Red Sea, following attacks by Yemen's Houthi rebels.

The Pentagon blasted Houthi rebels for striking an oil tanker and creating an "environmental disaster" in the Red Sea after the vessel was lit ablaze with a million barrels of crude oil on board.

North Sea collision latest: Oil tanker blaze is finally extinguished – but Solong cargo ship remains on fire - Container ship remains on fire after it separated from the Stena Immaculate tanker ...

Oil futures gained a few cents in a choppy session marked by a large 7.1 million barrel build in U.S. crude stocks and continuing uncertainty as President Trump puts tariffs back on traders’ radars.

North Sea oil and gas operators are not just facing the prospect of higher windfall taxes, they are now also finding it more difficult to get loans from UK banks.

Top UK oil and gas producers complained that there’s still little clarity on the government’s plans for taxes and permits for North Sea drilling, making investment decisions difficult.

Indeed, Sea Slick counts a total of 723 permit breaching incidents in the last three-and-a-half years – that’s equivalent to 17 oil or chemical spills each month. Currently these permit ...

The volume of Iranian oil stored on tankers at sea has swelled to the highest level since late July, as broadening US sanctions disrupt flows of the OPEC producer’s crude to China.