Europe Oil Policy News

The UK on Thursday announced a new round of sanctions aimed at Russian, targeting the so-called 'shadow fleet'...

The UK Labour Party, which is odds-on to form a new government next month, said Thursday it would bring forward plans to ban new...

Volumes of crude oil and refined products shipped via Africa's Cape of Good Hope have soared by 50% in the first five months of 2024...

A new EU Parliament looks set to favour e-fuels and prolong the life of the internal combustion engine in road transport after right-wing...

New Zealand is set to scrap a 2018 ban on new oil and gas exploration amid concerns over its energy security...

OPEC+ continued to rein in production during May as Russia and Kazakhstan curtailed output, although Iraq again failed in its pledge...

Russia continued reducing its oil output in May in accordance with its OPEC+ quotas on production and exports, according to...

The Norwegian Ministry of Energy has announced that three additional areas for CO2 storage will be made available...

Capital expenditure in fossil fuel projects, such as oil and gas exploration and production...

Production from core OPEC members increased during May despite the producer group trying to get to grips with overall output and clamp...

Poland's state-owned oil and gas company PGNiG has bought a 19.2% stake in two North Sea...

OPEC's crude output in May edged higher as the producer group continued to overshoot against production targets...

Global air travel demand has surpassed pre-Covid levels and will continue to grow this year, boosting profitability as the effects of the pandemic...

TTF natural gas futures surged 12% in early trade Monday after Norway's exports to Europe...

The weekend's OPEC+ meeting presents downside risk to Goldman Sachs' Brent outlook price of $75-$90/b after the producer group...

The International Monetary Fund (IMF) has raised its outlook for China's economic growth this year and 2025...

Iran's nuclear capabilities have come under close scrutiny once again following a confidential report from the UN's nuclear watchdog...

Two European banking giants have exited the market providing bonds that underwrite oil and gas deals...

OPEC+ will hold its early-June ministerial meeting online rather than in person, while the date has also been pushed back...

Russia's April crude oil output exceeded its OPEC+ quota allocation, with the energy ministry citing "technical" reasons for missing its target...