In December, Ukrainian drones targeted oil depots and refineries in Smolensk, Oryol, Bryansk, and Rostov — an area that had previously been targeted in July. The General Staff of Ukraine’s Armed ...

A VLCC owned by George Procopiou’s Dynacom Tankers Management has become the first ship to load crude in Cameroon to feed Nigeria’s massive new Dangote refinery.

Shell reported a 16% drop in profit for 2024 on Thursday amid weakness in oil and gas prices and in demand, but shares rose ...