Oil Policy News

A Ukrainian drone strike set fire to a gasoline storage tank at Russia's Tuapse refinery overnight on 14 March, according to Krasnodar...

The US Export-Import Bank (Exim) approved a $4.7 billion loan on Thursday for TotalEnergies' Mozambique LNG project, clearing the way...

The US Environmental Protection Agency is to roll back a long list of measures that have curbed fossil fuel use in the world's biggest economy...

Washington has hit Iran with a further round of sanctions, targeting Tehran's shadow fleet of tankers and Oil Minister Mohsen Paknejad...

India will need about INR 25 billion ($287 million) in investment to reach 5% biodiesel blending by 2030 while developing a feedstock...

Turkey's national oil producer TPAO has agreed to form a joint venture with US shale producer Continental Resources to develop tight oil...

The Department of Interior is seeking to pare red tape that has been weighing down project applications...

ExxonMobil plans to raise its liquids production globally to 5.4 million boed by the end of this decade...

The Canadian province of Alberta and Japan's JOGMEC have signed an MOU to collaborate in various energy-related fields, including ammonia, hydrogen and CCUS...

The investment arm of the UAE's Adnoc will make significant investments in US natural gas this year via its XRG investment arm...

Indonesia plans to build multiple new oil refineries with a total capacity of 1 million barrels per day, doubling previous targets, Energy Minister...

Inflation will be elevated over the next six to nine months and this pressure will come mainly from a shortage...

Of the $400 billion in total oil and gas investments this year, some $360 billion is going towards offsetting...

OPAL Fuels has agreed to build and operate five new fuel stations in Canada, which will supply 3.85 million gasoline gallons equivalent per...

Members of the US Congress have urged tax officials to maintain energy tax credits to avoid disrupting industry investments...

Alberta's premiere Danielle Smith expects another 2 million bpd of new exit capacity for crude produced...

For the US to win the AI race, it would have to boost its supply of energy, notably natural gas to generate...

US Energy Secretary Chris Wright said the country's shale sector can continue expanding even if crude prices drop to $50/b...

US President Donald Trump said he is "strongly considering" imposing broad sanctions and tariffs on Russia, escalating pressure on Moscow...

Iran's Supreme Leader hit back over the weekend at what Tehran views as strongarm tactics from US President Donald Trump over its...