Oil Policy News

Capital expenditure in fossil fuel projects, such as oil and gas exploration and production...

The US government could accelerate its program to replenish the SSPR with maintenance at key storage facilities set to be completed...

Production from core OPEC members increased during May despite the producer group trying to get to grips with overall output and clamp...

Poland's state-owned oil and gas company PGNiG has bought a 19.2% stake in two North Sea...

Prospects for additional pipeline capacity shipping natural from Russia to China have hit a major snag with the two sides unable to agree on a long-term pricing formula...

OPEC's crude output in May edged higher as the producer group continued to overshoot against production targets...

The US Department of Energy (DOE) has added another 3 million barrels of crude oil to its Strategic Petroleum Reserve (SPR)...

Global air travel demand has surpassed pre-Covid levels and will continue to grow this year, boosting profitability as the effects of the pandemic...

The price of propane sold by Saudi Aramco to its customers in Asia passed butane levels for the first time since July, with propane prices...

TTF natural gas futures surged 12% in early trade Monday after Norway's exports to Europe...

The weekend's OPEC+ meeting presents downside risk to Goldman Sachs' Brent outlook price of $75-$90/b after the producer group...

China will cut its carbon emissions by the equivalent of 1% of its total 2023 emissions this year by controlling its coal...

The International Monetary Fund (IMF) has raised its outlook for China's economic growth this year and 2025...

Texas-based Global Oil Terminals has been granted a waiver to continue importing asphalt from Venezuela after Washington...

Iran's nuclear capabilities have come under close scrutiny once again following a confidential report from the UN's nuclear watchdog...

Two European banking giants have exited the market providing bonds that underwrite oil and gas deals...

OPEC+ will hold its early-June ministerial meeting online rather than in person, while the date has also been pushed back...

Russia's April crude oil output exceeded its OPEC+ quota allocation, with the energy ministry citing "technical" reasons for missing its target...

Gasoline sales in Argentina continued to fall in the wake of government subsidy cuts, with government figures published Tuesday...

Ukrainian drone attacks on Russia's refineries continued over the weekend, with a site in the south of the country damaged in the latest...