Oil Policy News

President Donald Trump has indicated that he may not let Venezuela export crude oil and petroleum products...

Enbridge has apportioned nominations for heavy crude shipments on its Mainline system by 5% and...

The US Supreme Court is set to hear oral arguments March 25 relating to the pending small refinery exemption lawsuit...

Diamondback Energy has entered a deal to buy certain subsidiaries of Double Eagle IV Midco for just ...

Brazil's National Energy Policy Council has decided to to temporarily maintain the domestic biodiesel blend with diesel at 14% amid concerns about...

Brazil's government has approved a decision to join the OPEC+ alliance as an observer, according to the Associated Press, though its...

Japan is pushing for refinery modernisation and a broader crude import portfolio as part of its latest energy strategy published Tuesday...

Russia's Energy Ministry is seeking to extend gasoline export exemptions for refiners until August, contradicting earlier calls for...

OPEC+ is considering a further postponement in planned production increases, according to Bloomberg, although Russia said...

The resumption of oil exports from the semi-autonomous Kurdish region of Iraq moved a step closer Monday, after clearing a number of legal...

The US Department of Energy has granted Commonwealth LNG a permit to export liquefied natural gas to non-free-trade-agreement...

Brazil's oil regulator ANP has cleared Petrobras to start production at the Almirante Tamandaré floating production, storage and offloading...

A Ukrainian drone attack hit a key pumping station on the Caspian Pipeline Consortium (CPC) network overnight, reducing crude flows...

Weekly US drilling activity rose for a third week, with increments registered in Oklahoma, Texas and...

The Department of Transportation's Maritime Administration (MARAD) has issued a Record of Decision (ROD) to Sentinel Midstream...

US President Donald Trump has directed officials to draft a sweeping set of reciprocal tariffs targeting countries that impose duties...

A potential peace deal between Russia and Ukraine could weigh on oil prices by shortening tanker routes, easing sanctions-driven...

India has agreed to increase oil and gas imports from the US as part of a broader effort to reduce its trade surplus and avoid potential tariffs...

Beijing is on track to remove consumption tax rebates for local refiners using heavy fuel oil as a feedstock in the latest round of shakeups that could further...

The Trump Administration's planned tariffs on Canadian goods may set the stage for a recovery in ...