Europe Oil Policy News

Protesters have allowed output to resume at Libya's Sharara oilfield, ending a sit-in at the 300,000 bpd field that has disrupted...

One of two gasoline-producing units at Lukoil's Nizhny Novgorod refinery near Moscow is unable to restart...

Six vessels carrying Russian far eastern Sokol crude have been unable to discharge in India following the clampdown on vessel owners...

India has scrapped export duties on both diesel and jet fuel shipments at the start of the year after refining margins tumbled...

A G7-led coalition that has sanctioned Russia's oil industry said it would step up efforts to enforce existing rules aimed at cutting the country's...

The marine fuel 0.5% sulfur east-west spread has reversed course and hit its highest levels...

Oil supermajor BP has joined a growing list of companies avoiding the Red Sea as the number of attacks by Houthi militants in the region picks...

COP28 was labelled as "historic", but the UN decision to transition away...

UN nations have agreed for the first time to transition away from fossil fuels in global energy systems, although no individual nation...

UN negotiators continued to whittle down, or in some cases ramp up, the number...

UN negotiators will very likely in 11 months time be packing their bags to hold two-week long...

Norway is exploring the option of ammonia production in the Barents Sea to develop the large swaths of natural gas resources...

Brazil will not be joining the OPEC oil producers' alliance under the presidency of Lula da Silva...

A pledge on day three of UN climate talks from major oil companies to reduce their emissions, rather than give firmer...

Sweden's parliament has voted narrowly in favour of huge cuts to GHG reduction targets in road fuels starting in January that are...

OPEC+ members have declared voluntary cuts following Thursday's meeting, with additional reductions totaling around 900,000 bpd...

OPEC+ reached a last-minute agreement Thursday to further reduce output from January, with Saudi Arabia maintaining its voluntary cut...

Talks surrounding the upcoming OPEC+ meeting continued Tuesday and while the group, has yet to reach any agreement but market watchers are swaying towards...

The EU's plans to charge shipping companies for their emissions inside the bloc have been hit with a last-minute challenge, with some members...

Environmental group Greenpeace has called for oil production cuts from Chinese energy companies to curb emissions as its new research accused...