Americas Oil Policy News

The number of vessels that can transit via the Panama Canal each day is to be restricted even further to just a trickle as ongoing drought...

Oil demand growth has been strong this year thanks to growth in Chinese demand and the recovery of air travel and that trend is likely...

Big acquisitions by ExxonMobil and Chevron this week illustrate the long-term importance and health of the oil industry as well as the role...

The US has suspended oil sanctions aimed at Venezuela for an initial period of six months...

The US and Venezuela have agreed a deal in principle that would ease sanctions aimed at the south American country's oil sector...

The US has imposed sanctions on two shipping companies for breaches of the price cap imposed on Russia oil sales...

The JMMC has reaffirmed OPEC+'s commitment to the current output policy, but the producer group said it is ready to take...

Switzerland-based carbon registry Gold Standard is seeking views on a proposed change to a methodology that would allow carbon credits to be generated from…

A grouping of financial institutions that lend to the global shipping industry on Monday said they had revised...

British energy major BP will stick to its energy transition strategy after Bernard Looney, who introduced the...

The US government has opened up the application process for up to $350 million in grants available to states...

The world will fail to reduce its carbon emissions sufficiently to limit global warming below 2 degrees...

The Biden administration on Friday said indicated that it might provide funding for expanding carbon dioxide...

Brazil could bring forward plans to increase biodiesel blending to 15% to next year, said Vice President Geraldo Alckmin, amid...

Fuel subsidies around the world jumped to $7 trillion in 2022 as oil prices spiked and governments spent over 7% of...

US officials are set to draft proposals that would help to relax sanctions targeting Venezuela's oil sector...

US oil company Occidental has agreed a full takeover of Canada-based direct air capture firm Carbon Engineering for around $1.1 billion...

The Inflation Reduction Act alone is unlikely to help the US hit its Paris Agreement climate goals and achieve net zero emissions...

The US has blocked 14 Iraqi banks from conducting dollar transactions as part of a crackdown on...

The global shipping sector at UN-convened talks on Friday agreed to become 'net-zero' by "around" mid-century...