As demand for oil shrinks amid a global economic shutdown, the resulting supply glut is stretching global storage capacity to its limits, forcing producers to turn to supertankers as backups. The ...

A flotilla of at least 25 supertankers is heading to Saudi Arabia’s Red Sea port of Yanbu as the kingdom races to get its oil ...

Fuel cells are usually associated with clever space tech or future eco-power units for cell phones and cars. But new advances have the technology taking on much bigger scale tasks like powering ships ...

A record 48 oil supertankers are making their way to the US, Bloomberg reported. US crude oil production and exports are booming, while OPEC+ countries have curbed oil supply. US oil exports hit 3.99 ...

Underwater robots, containment domes, top hats, hot taps, junk shots … the potential fixes to the Gulf Oil Spill sound like they come straight from a cringeworthy disaster flick (or a PR think tank).

Saudi Arabia seems to have made good on its promise to cut oil production by a record amount in June. Observed Saudi crude exports for this month fell to 5.7 million barrels a day through June 29, the ...

Chinese-built supertankers transporting oil into the United States could be forced to pay fees of up to $5.2 million per each port call, according to new guidelines announced by the Trump ...

Oil companies are being forced to pay exorbitant prices for oil tankers as shipowners book vessels for storage and Saudi Arabia snaps up ships as it prepares to flood the market with crude. Reliance ...

Supertankers have begun to abandon planned voyages into the Persian Gulf and seek safer destinations amid the turmoil at the strategic Strait of Hormuz. At least three very large crude carriers that ...