Oil Policy News

A Venezuelan navy vessel threatened ExxonMobil FPSOs operating offshore Guyana over the past few days, the US and Guyana governments said...

Finland has freed an oil tanker suspected of severing a key power cable in the Baltic Sea, but three crew members remain barred from...

A fire broke out at the Ufa oil refinery in Russia's Bashkortostan region early Monday, with authorities citing a technical malfunction...

Venezuela was among the top five suppliers of crude oil to US refineries last year, most of which was...

Annual crude oil production set a record in 2024, averaging at 13.22 million bpd, after holding above the 13-million-bpd mark for most of...

The chemical industry in Europe is facing extinction, Jim Ratcliffe, CEO of INEOS, said in an open letter to European politicians earlier this week, adding that decarbonising Europe by deindustrialisation was 'idiotic'...

The Canadian province of British Columbia is doubling its target for biofuel blending in diesel and excluding all imported fuels, in a move...

Saskatchewan's premier will consider permits sought for pipe projects through the Canadian province...

President Donald Trump plans to up the tariff rate on Chinese goods entering the US to 20% from next...

Washington has granted a 30-day suspension of sanctions on Serbian oil company NIS, President Aleksandar Vucic said Thursday...

Bullishness in the Asian HSFO market persisted during Thursday's session, with cracks hitting fresh highs and the paper curve steepening...

US President Donald Trump has ordered that an oil concession issued in 2022 allowing US E&Ps to produce...

The US plans to impose a new 25% tariff on imports from the European Union, President Donald...

The global energy sector is unprepared for a complete transition away from fossil fuels, according to Masdar Chief Executive Officer...

The US State Department has called for the resumption of crude oil exports from northern Iraq to the Turkish port of...

President Donald Trump is looking to revive the Keystone XL crude project and get it built if not by the ...

The US wants to impose new fees and take other actions on Chinese players in the global maritime, logistics...

Global electricity demand is poised to outpace overall energy growth dramatically during the next decade, the International Energy...

The European Union announced on Monday that it has suspended sanctions on Syria, potentially paving the way for additional supplies to enter a...

The Kurdistan Regional Government (KRG) said on Sunday it has reached agreement with federal capital Baghdad to restart crude exports...