Russian oil has long been subject to widespread European sanctions following a major escalation to the Russo-Ukraine war in ...

Indonesia, a new member of BRICS, is considering importing cheap Russian oil but faces challenges in complying with US sanctions.

All eight crew members of the sunken Malaysia-registered tanker Silver Sincere were rescued by the Indonesia-registered ...

MPA is broadcasting navigational safety advisory for passing vessels to stay clear of the incident site. Read more at ...

Indonesia’s upstream oil and gas regulator SKK Migas says that Malaysia’s Petroliam Nasional Bhd or PETRONAS has reached a ...

Oil tanker rates jumped on Monday as the Biden Administration’s sanctions on Russia’s petroleum trade threaten to cut the ...