Europe Oil Policy News

European natural gas prices consolidated at this week's yearly highs Friday, as heightened tensions on the Russia-Ukraine border...

A crude oil tanker transiting the Red Sea has been targeted in a series of attacks, the latest in a string of strikes aimed at forcing commercial...

Local authorities in the semi-autonomous region of northern Iraq have launched a clampdown on unlicensed refining operations in a bid to tackle...

Oil production from the 12 core OPEC members increased during July, as Iraq was again was the primary overproducer despite pledging...

The OPEC+ JMMC has not recommended any immediate changes to the producer alliance's current production policy...

Russia has extended a ban on gasoline exports set to run through August until the end of October until the end of September, confirming...

India has seen a shift back towards Middle East crude oil supplies in 2024 but the move could prove short-lived...

Russian deputy prime minister Alexander Novak has denied the country is about to reimpose limits on diesel exports, scotching rumours it...

Rising diesel prices in Russia have moved the government to consider reimposing a diesel export ban a day after it said it would...

Russia has decided to reimpose a ban on gasoline exports from 1 August, Deputy PM Alexander Novak said Tuesday...

The owner of Nigeria's new mega refinery, Aliko Dangote, was set to meet with the national oil company NNPC...

Russa's export-led 240,000 bpd Tuapse refinery was damaged again in a major Ukrainian drone attack overnight...

Re-elected European Commission president Ursula von der Leyen has promised to stick to an EU ban on sales of gasoline and diesel cars from 2035...

Ukraine has stopped allowing Russia's Lukoil to ship crude through its country to neighbouring Slovakia

Russia and India have held high level talks with a few to cementing long-term crude sales to Asia's second largest crude importer...

BP has increased its outlook for future oil demand amid a slowdown in the growth in energy efficiency, while fossil fuel demand...

The EIA expects Brent crude prices to continue to rise out to the year end, pointing to tightening global supply as it put an $89/b forecast...

Representatives of North Sea oil and gas producers have warned the new UK government...

Shell will temporarily halt construction work at its Rotterdam biofuels facility to make sure the new plant is competitive and to address project...

A US court has paused the ban on approvals for new LNG export terminals which was announced earlier this year, reported the Politco website...