Brazil's Petrobras will slash its five-year investment plan by about one-fifth next month as low oil prices, massive debt and fallout from a corruption scandal hobble its...
A World Bank tribunal partially lifted a stay of enforcement on a compensation claim payable by Venezuela to oil service company Tidewater, meaning the company is due $27.4...
Global oil prices appear to have bottomed out and are expected to rise through this year as investment cuts help to reduce a supply glut, a senior analyst at the...
Frontline, one of the world's largest independent tanker firms, says securing insurance for cargoes carrying oil from Iran is likely to take another two to three months,...
Oman aims to expand shipping and trade links with Iran and get ahead of rivals after the lifting of international sanctions on Tehran, leading port officials involved...
The number of refugees and migrants trapped in Greece may reach 70,000 in coming weeks, Greece's migration minister said on Sunday, adding that a NATO plan to crack down...
Australia is sending a relief ship to Fiji to assist in the recovery effort after Cyclone Winston, the worst ever recorded in the southern hemisphere, tore through the island...
Turkey has begun work to repair a pipeline taking crude oil from northern Iraq to the Mediterranean through its restive southeast and aims to restore flows soon, the Turkish...
Brazilian political strategist Joao Santana earned his nickname “the maker of presidents” by guiding leftist leaders to power in Latin America and Africa, but his...
Peru's anti-trust regulator said Friday it had started a sanctions procedure against 17 shipping companies it suspects of having fixed prices together for years on goods...
