Eric Arthur had sold his condom and lubricant manufacturing business and was living large aboard a 48-foot catamaran when his ...

And thank you all for joining us at our Q4 and 12 months 2024 Conference Call. I’m Harry Vafias, the CEO of Imperial Petroleum; and joining us today is Fenia Sakellari who will be discussing our ...

Tightened U.S. sanctions on Russian oil have disrupted trade with China and India, increasing demand for Middle Eastern and African crudes, and causing oil prices to rise. These sanctions have left ...

A vintage VLCC with a habit of landing itself in the headlines has been sold yet again to unknown interests. Brokers reported ...

Chinese refiners are being offered Russian ESPO crude at discounted prices as rising concerns over U.S. sanctions create ...

Oil smuggling remains highly profitable despite sanctions on Russia, Iran, and Venezuela, which together produce about 16 ...

Unless Western governments are ready to accept higher prices, Russia, Venezuela and Iran will continue to evade sanctions ...

PDVSA exported only 10,000 barrels per day to Cuba in the first month of the year, 65% less than in December 2024.

Venezuela's state oil company PDVSA has resumed regular imports of light crude as its own output of medium and light grades ...

Ceres I was already notorious. Since June 2023, Lloyd’s List had linked the vessel to the “shadow fleet”. These are vessels ...

Reality Check is a Herald series holding those in power to account and shining a light on their decisions. Have a suggestion ...