Oil Policy News

The United States and Iran are closing in on an informal agreement that would limit Tehran's nuclear program and...

Russian revenues from exports of crude and oil products in May fell to its second lowest monthly level...

Over one quarter of the world's largest companies plan to use carbon dioxide removals to achieve their net zero...

Poland will appeal to the European Court of Justice to reverse legislation agreed earlier this year banning sales of new...

A global coalition of financial sector institutions has launched a public consultation on its proposed set of voluntary guidance...

Reuters has registered its "disappointment" after its journalists were effectively barred from formal proceedings at the weekend's OPEC+ meeting...

The OPEC secretariat has restricted access for several influential media outlets to formal briefings ahead of one of its...

A growing rift between Saudi Arabia and Russia could potentially fracture relations within the OPEC+ group as Moscow...

Global investment in clean energy is set to rise to $1.7 trillion in 2023, significantly outpacing spending on fossil fuels...

Recent changes to Australia's Safeguard Mechanism policy are likely to increase the costs of a controversial gas...

CEO of Spanish transportation and storage company Exolum has joined the chorus of European suppliers...

The French high court has criticised the country's climate strategy in a report published on Thursday and asked...

India's most senior energy official has defended the country becoming the largest buyer of Russia crude oil since...

Energy major Shell said it will meet the bulk of its emission reduction targets for scope...

Bunker fuel sales in Europe's main refuelling centre at Rotterdam were steady in the first quarter of the year despite a...

The oil and gas industry has the ability and resources to cut emissions sharply to meet net zero targets, but...

Brazil will begin studying the potential to raise its blend requirement for ethanol in gasoline to 30% from the...

Brazil's crude oil exports hit a record 2.5 million bpd in March as domestic refining capacity was knocked offline by...

US oil drilling rig numbers were steady in the week to 29 April with 591 sites operating across the country, according...

Russia will not publish any official statistics relating to its crude oil and condensate output until April 2024 at the...