FPSOs, like the Cidade de Anchieta shown here en route to Baleia Azul oil field off Brazil, face inconsistent legal and regulatory treatment because they're considered ships in some instances and ...

Off-shore oil drilling currently accounts for over 35% of the world's total oil production, and that number has consistently risen over recent history. While a majority of oil extraction takes place ...

Global floating oil storage declined at a fast pace in December as traders sold crude held on tankers in the absence of price incentives to store it and in order to meet peak winter demand in Asia, ...

The volume of floating oil storage has jumped to the highest level in more than two and a half years. There were 129 million barrels of crude oil on stationary tankers as of the end of last week.

A shadow fleet is quietly swelling across the world’s oceans, packed with sanctioned barrels from Russia, Iran, and Venezuela. For now, those tankers have kept to the sidelines of the global ...

GEORGETOWN, April 15 (Reuters) - A consortium led by U.S. oil major Exxon Mobil (XOM.N), opens new tab is about to begin installing its fourth floating oil production facility in Guyana, the South ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Andy Smith is a Certified Financial Planner (CFP®), licensed realtor and educator with over 35 years of diverse ...

Examining similarities and differences between the deepwater oil & gas and the emerging floating wind segment. There has been much excitement around the potential for the offshore wind industry to ...