Europe Oil Policy News

The US has imposed sanctions on two shipping companies for breaches of the price cap imposed on Russia oil sales...

Saudi Arabia's energy minister Prince Abdulaziz bin Salman has said the Kingdom's voluntary crude output reduction will continue for as long as it is necessary

Norwegian oil and gas revenues will cool for a second straight year in 2024 on falling oil prices but despite an expected rise in natural gas prices and higher production levels for both...

The JMMC has reaffirmed OPEC+'s commitment to the current output policy, but the producer group said it is ready to take...

Switzerland-based carbon registry Gold Standard is seeking views on a proposed change to a methodology that would allow carbon credits to be generated from…

The Netherlands government has launched a public consultation on a proposed switch to sector-specific GHG emission reduction targets...

A grouping of financial institutions that lend to the global shipping industry on Monday said they had revised...

Iraq's northern oil pipeline that runs via Turkey is set to resume operations as soon as this week, Turkey's Energy Minister...

Russia could implement quotas on its oil product exports if a recent ban on overseas sales fails to make domestic prices fall fast enough...

Seventy percent of new cars and 80% of new vans sold in the UK by 2030...

Russia has partially walked back a recently announced ban on overseas oil product sales, saying it will still allow higher...

Politicians, environmentalists and the auto industry roundly criticised the UK government's...

British energy major BP will stick to its energy transition strategy after Bernard Looney, who introduced the...

European Union lawmakers voted to approve the latest iteration of the Renewable Energy Directive (RED III) Tuesday which...

Denmark has proposed a DKK300 million ($43.7 million) fund for transforming its heavy-duty vehicle sector to greener...

Armed forces have declared they have taken control of oil producer Gabon, raising questions over stability...

The world will fail to reduce its carbon emissions sufficiently to limit global warming below 2 degrees...

Poland has filed several appeals with the EU's top court in an attempt to cancel four of the economic...

Fuel subsidies around the world jumped to $7 trillion in 2022 as oil prices spiked and governments spent over 7% of...

All alternatives to the jet engine are likely to be unsuitable for powering long-haul flights for decades to come, making...