Europe Oil Policy News

The Forties Pipeline system could shut as early as 2030 as a result of new UK taxes on its offshore oil and gas business make running...

Novatek has frozen its development of the Murmansk and Obsky LNG plants in Russia's Arctic region due to the impact of...

European natural gas prices tumbled to multi-month lows Thursday on reports that Ukraine is close to an agreement for the transit of gas...

India will continue to snap up discounted Russian crude so long as the selling entity is not a sanctioned company...

South Sudan has agreed a deal with its neighbour Sudan to resume oil exports after repairing a vital pipeline...

Battery electric vehicle (BEV) manufacturers have a clear path to achieve EU targets, according to latest analysis from Transport and Environment...

Salvagers have successfully towed a burning crude tanker from the Red Sea without any oil spillage after Houthi rebels thwarted...

NNPC and Chevron have targeted production from its Nigerian joint ventures to reach 165,000 bpd by the end of the year...

OPEC and its allies trimmed back production in September as field maintenance in Kazakhstan and political upheaval in Libya...

Colombia has started shutting production at oil fields blocked by protests, its state-owned oil company Ecopetrol said late Thursday...

Libya's petroleum industry remained severely constrained heading into the back end of the week after rival factions made tentative...

OPEC+ is considering deferring planned production increases from October, with the producer group spooked by the slump in...

Germany's finance ministry has extended its trusteeship of Rosneft's German assets for another six months

Libya's petroleum industry remained severely constrained Tuesday, with one media outlet putting production as low as...

Norway's Aker BP has kickstarted production at its Tyrving oilfield amid an ongoing legal battle as the Norwegian government seeks to...

Russia complied with its crude production quota last month under the terms of the OPEC+ agreement...

A fire has been contained at the Moscow Oil Refinery, officials were quoted by Russia's Tass news agency Monday...

Two oil tankers have been targeted by missile strikes in the Red Sea in the latest incident to force commercial shipping out of the...

Oil production from Libya remained severely constrained Monday despite some production being restored of the weekend...

Nigeria's state-owned oil firm NNPC has confirmed debts to fuel suppliers was threatening its ability...