Oil Policy News

Of the $400 billion in total oil and gas investments this year, some $360 billion is going towards offsetting...

OPAL Fuels has agreed to build and operate five new fuel stations in Canada, which will supply 3.85 million gasoline gallons equivalent per...

Members of the US Congress have urged tax officials to maintain energy tax credits to avoid disrupting industry investments...

Alberta's premiere Danielle Smith expects another 2 million bpd of new exit capacity for crude produced...

For the US to win the AI race, it would have to boost its supply of energy, notably natural gas to generate...

US Energy Secretary Chris Wright said the country's shale sector can continue expanding even if crude prices drop to $50/b...

US President Donald Trump said he is "strongly considering" imposing broad sanctions and tariffs on Russia, escalating pressure on Moscow...

Iran's Supreme Leader hit back over the weekend at what Tehran views as strongarm tactics from US President Donald Trump over its...

OPEC+ countries are ready to start cutting production again in case of disruptions in the oil market, Russian Deputy Prime Minister...

US crude oil imports rose for a fourth consecutive month in January, reaching a six-month high of 6.55 million bpd, driven by increased...

Energy Secretary Chris Wright plans to seek up to $20 billion to fulfill President Donald Trump's goal of refilling...

Kazakhstan has tasked oil majors operating in the country with cutting output as the country struggles to meet its OPEC+ production...

South Bow received approval in early March from the US Pipeline and Hazardous Materials Safety Administration...

Oil production from the 12 core OPEC members increased for the first time in three months during February led by gains in...

President Donald Trump's plans to refill the Strategic Petroleum Reserve and do it "fast" barely..

The European Commission has proposed extending the EU's mandatory gas storage targets until 2027 while introducing greater flexibility...

The UK government has launched a consultation on the future of North Sea energy production, setting out plans to transition the basin...

South Sudanese security forces have detained Petroleum Minister Puot Kang Chol and senior military officials allied with First Vice...

Beijing said it would ramp up strategic reserves of key commodities, including fuels and food, as trade tensions with the US heat up after the two countries...

The OPEC+ move to start unwinding cuts from April was driven by in-house wranglings over compliance rather than external political factors...