A Russian official said a recent oil spill in the Black Sea was unprecedented and could have been avoided, highlighting the ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row to the lowest since December 2021, energy services firm Baker Hughes said in its closely ...

Two ships sailing under the flag of Panama ran into problems off the coast of Germany recently. For over a century now, shipowners wanting to circumvent certain regulations have opted for the Panama ...