Oil Policy News

Chevron CEO Mike Wirth is pressing the US government for additional time to wind down operations in Venezuela, facing resistance...

The leaders of over a dozen top Canadian energy companies have asked the country's top political strata...

A Chevron executive said company investments in the renewable fuels space are on hold as the company awaits clarity on federal tax incentives...

The US central bank kept its benchmark federal funds rate unchanged in its meeting earlier Wednesday but warned...

The UK government has published a document outlining nine potential options for converting the closing Grangemouth...

America's largest state of Alaska will see growth in its crude oil production next year for the first time since...

Export flows of Iranian crude oil have continued despite the latest round of US sanctions as Tehran continues to attract more vessels to join...

Swedish biofuel sales in gasoline hit a four-month high in January with ethanol making up a large portion, while demand for pure renewable diesel...

A Ukrainian drone attack early Wednesday ignited a fire at the Kavkazskaya oil transhipment facility in Russia's Krasnodar region just hours...

Russian President Vladimir Putin has ordered a 30-day halt to strikes on Ukrainian energy infrastructure after a phone call with US...

Wood Mackenzie expects global oil benchmark Brent prices to average $73/b this year, down $7/b...

Venezuela's state-owned PDVSA will independently manage production and exports from its largest oil joint venture once...

The South Korean government said it will boost crude oil reserves to a new record high and raise road fuel stockpiles this year to hedge against supply...

The Australian government needs to offer additional support and stronger incentives to the ammonia industry — and other industrial sectors — in Western Australia to help slow the region's growing gas demand and accelerate the adoption of green hydrogen ...

Mining explosives producer Orica has called for Australia to introduce a gas reservation policy to bolster the competitiveness of the country's domestic manufacturing, especially its nitrogen-based chemical output...

Ukraine used a domestically developed long-range missile to strike Russia's Tuapse refinery last week, marking a significant increase in...

Kazakhstan's crude oil production surged 15% in February to 1.79 million bpd, driven by increased output from Chevron's expanded Tengiz...

Turkey and Iraq held wide-ranging discussion on energy policy over the weekend, including a resumption of flows through the Kirkuk-Ceyhan...

Williams Partners is keen on reviving the canceled Constitution gas pipeline project in the Northeast only if...

A licence allowing Russian financial institutions access to US payment systems for energy transactions expired on Wednesday, a...