Oil Policy News
10 Sep 2024
OPEC and its allies trimmed back production in September as field maintenance in Kazakhstan and political upheaval in Libya...
6 Sep 2024
Colombia has started shutting production at oil fields blocked by protests, its state-owned oil company Ecopetrol said late Thursday...
5 Sep 2024
Libya's petroleum industry remained severely constrained heading into the back end of the week after rival factions made tentative...
4 Sep 2024
OPEC+ is considering deferring planned production increases from October, with the producer group spooked by the slump in...
3 Sep 2024
Germany's finance ministry has extended its trusteeship of Rosneft's German assets for another six months
3 Sep 2024
Libya's petroleum industry remained severely constrained Tuesday, with one media outlet putting production as low as...
3 Sep 2024
Norway's Aker BP has kickstarted production at its Tyrving oilfield amid an ongoing legal battle as the Norwegian government seeks to...
3 Sep 2024
Indonesia is planning to build a reserve of crude oil, gasoline, and liquified petroleum gas in the next 10 years in a bid to shield itself from...
3 Sep 2024
The Japanese Ministry of Finance said on Tuesday that it is ready to spend over JPY989 billion ($6.7 billion) of its 2024 fiscal reserve fund on...
2 Sep 2024
Russia complied with its crude production quota last month under the terms of the OPEC+ agreement...
2 Sep 2024
A fire has been contained at the Moscow Oil Refinery, officials were quoted by Russia's Tass news agency Monday...
2 Sep 2024
Two oil tankers have been targeted by missile strikes in the Red Sea in the latest incident to force commercial shipping out of the...
2 Sep 2024
Oil production from Libya remained severely constrained Monday despite some production being restored of the weekend...
2 Sep 2024
Nigeria's state-owned oil firm NNPC has confirmed debts to fuel suppliers was threatening its ability...
29 Aug 2024
A salvage operation is expected to get underway in a bid to avert a major environmental disaster in the Red Sea...
29 Aug 2024
Russia has banned public reporting on industrial output of refined oil products by its statistics ministry, further limiting information...
29 Aug 2024
Oil production from Libya was under further strain in the second half of the week with more production set to go offline as the row...
29 Aug 2024
Qatar is in discussions with Germany authorities over the possible acquisition of Rosneft's stake in the Schwedt refinery, which was placed...
26 Aug 2024
Oil production in Libya was under further threat at the start of the week after the Benghazi-based government of Khalifa Haftar said it would...
22 Aug 2024
European natural gas prices rowed back from 2024 highs this week after fears over supply constraints eased, while the EU has...