Oil Policy News

The Canadian province of British Columbia has eliminated a carbon tax on all fuels effective April 1, 2025...

Diesel margins fell under pressure in the West of Suez market this week as concerns over the implications of Washington's tariffs...

The Czech Republic will begin receiving all crude oil imports via the expanded TAL pipeline from April, replacing halted Russian flows through...

Serbia could lose access to most of its crude oil imports on 29 March if Washington reimposes sanctions on the country's only refinery...

The Chinese government has issued the second tranche of clean oil product export allowance for this year, while an additional batch of fuel oil export quotas...

US oil and biofuel industry groups have agreed to ask for a minimum 42% increase in renewable diesel and biodiesel blend targets next year...

The US was the largest LNG exporter in the world for another year despite unplanned outages at some...

Washington's latest tariffs on automobiles may inadvertently boost oil demand by decelerating the shift toward more fuel-efficient vehicles...

Uncertainty across the US oil patch surged to its highest level since the pandemic as shale executives warned that President Donald...

Dubai crude extended gains against Brent this week, lifted by tightening sour supply as the market prepares for the impact of US...

The UK government is defending a fresh High Court challenge to its North Sea oil and gas licensing policy as environmental...

Six Native American tribes have withdrawn from a federal environmental review of Enbridge's Line 5 pipeline project in Michigan, citing...

The Panama Canal Authority (ACP) has delayed to October incentives for shipowners to adopt decarbonization and greenhouse gas emissions...

The US, Ukraine and Russia have agreed to a ceasefire on the Black Sea that will halt attacks on commercial shipping in the region in a...

Ithaca Energy has struck a $193 million deal to acquire the UK business of Japan Petroleum Exploration, boosting its stake in the...

Vitol's Chief Executive Russel Hardy sees more than enough oil supply to meet global demand in the medium term despite increasingly...

The Trump administration has extended the wind-down period for Chevron's E&P activities in Venezuela to 27 May from an earlier target...

The US's plans to impose a hefty fee on China-made ships visiting American ports could impact trade in Guyana's and the region...

Countries that buy Venezuelan oil and gas will have to pay a 25% tariff when they conduct deals with US parties from 2 April, President...

Russian authorities on Monday accused Ukraine of attempting another drone strike on Caspian Pipeline Consortium (CPC) infrastructure...