Europe Oil Policy News

The European Council of Ministers, which represents member state governments, has set out its approach to 'Fit for 55'...

The International Maritime Organization (IMO)'s Marine Environment Protection Committee (MEPC) has kicked...

The European Council's latest proposal for the rollout of infrastructure for electric and other alternatively powered...

Russia will be able to blunt the effects of a European ban on insuring its seaborne exports aimed at cutting...

Libya's oil production has started to recover after its largest oil field of El Sharara resumed...

Italian firm Eni SpA and Spain's Repsol SA could start shipping Venezuelan oil to Europe as soon as next month to cover the shortfall...

Britain's regulator has approved Shell's revised plan to develop a North Sea natural gas field...

Spanish gasoline demand jumped 9% in April to hits its highest level for the month since 2009 after...

The EU and UK will halt Russian oil cargoes from their insurance markets as part of a latest round of sanctions...

Some OPEC members are exploring the idea of suspending Russia's participation in an oil-production deal as Western sanctions and a partial European ban begin to...

Low sulfur gasoil refining margins had jumped over $5/b by the European close on Tuesday to reach a...

Shell and Denmark's Orsted have lost access to Russian gas supplies after declining to pay in roubles, Gazprom Export said...

The EU's decision to phase out most of its Russian crude oil imports will tighten the...

European Union leaders agreed to a compromise deal late Monday to ban up to 90% of Russian oil...

Russia should cut its crude oil output by almost a third to push global prices higher and offset the effects of...

Members of the core OPEC producer group may soon need to change their policy to defend...

The UK government has hit its oil and gas sector with a 25% windfall tax on soaring profits, taking a chunk...

India is set to continue buying discounted crude oil from Russia and is in talks to finalize pricing mechanisms...

German Chancellor Olaf Scholz and South African President Cyril Ramaphosa were at the launch of a new consortium seeking...

The International Maritime Organization (IMO) has laid out early plans to reduce greenhouse gas...