Europe Oil Policy News

The growth in sales of electric vehicles (EV) compared to internal combustion (ICE) vehicles will cut...

UK climate law charity ClientEarth on Thursday said it is taking oil major Shell's board of directors to court for failing to move away from

Tumbling energy revenues and soaring expenditure pushed Russia's federal budget to a deficit of 1.76 trillion rubles...

Gasoil cracks slumped to 11-month lows in Asia at the start of the week after the EU agreed to a $100/b price cap...

Russia is considering taxing its oil producers off the Brent crude benchmark rather than the current Urals...

New sales of fossil-fuel-powered heavy-duty vehicles could be allowed up until 2040 according to a draft proposal for...

The European Commission's Green Deal Industrial Plan, unveiled Wednesday, will if implemented be like the Inflation Reduction Act in the US for Europe and…

A European Commission draft proposal to boost state aid and tax credits for the energy transition aiming to compete with the...

New proposed emissions standards for diesel vehicles in the EU could set back the net-zero emissions push by causing auto...

Russia's invasion of Ukraine, together with the US Inflation Reduction Act (IRA), could see global carbon dioxide (CO2)...

Russian president Vladimir Putin has told his government to look into the way that it calculates taxes on the oil industry...

Banks continue to favour investment in traditional energy sources such as oil and gas at the expense of renewable...

The US inflation reduction act (IRA) could drive around $1.5 trillion of capital mobilisation in clean energy by 2032...

ExxonMobil has sued the European Union over a planned windfall tax on excess producer...

Russia has banned oil exports to countries that enforce a $60/b price cap on its oil barrels for five months as it looks...

Russia will produce up to 500 million mt of crude oil in 2023, a drop of around 8% year-on-year as the country deals...

Russia could cut oil output in the new year in response to a western price cap on its exports, with those...

Germany biofuel producer Verbio will expand its offering to the petrochemical sector, using RME as a...

A group of investors with assets of more than $1.3 trillion has co-filed climate resolutions to urge four of the world's leading...

The Indian government has further cut export duties on diesel and jet fuel shipments as refiner...