Europe Oil Policy News

Russian gas and LNG producer Novatek has shut the only operating train at its Arctic LNG 2 project and will cease commercial operations at...

Iraq has once again reaffirmed its commitment to OPEC+, pledging to cut output and produce within targets set by...

UK car output declined for the seventh consecutive month in September as manufacturers diverted production towards zero...

The IMF trimmed GDP forecasts in China as macroeconomic weakness continues to grip the nation...

Egypt is set to extend its LNG cargo buying spree into the first quarter of 2025 as the North African country continues to...

Libya's National Oil Company (NOC) said crude oil production was back to its peak of more than 1.3 million bpd on Sunday, including record...

The UK government has announced a fresh wave of sanctions on Russian-owned tankers in an attempt to restrict its earnings from the...

Global jet fuel consumption will grow 45% by 2040 as emerging market demand for air travel continues to rise even as alternative...

Israel will not target Iran's oil and nuclear installations, instead focussing on military and strategic targets...

California Governor Gavin Newsom singed legislation Monday that could force the state's dwindling number of refiners to hold...

BP has added its name to the list of refiners telling investors to expect lower-than-expected returns this quarter, pointing to a weaker...

Russia is set to further increase supplies of natural gas to Hungary, having already increased supplies to the EU state...

The deployment of electric vehicle charging stations in the UK rose by 3% over the month in October, latest figures from the UK Department...

Global investment banking giant Goldman Sachs has warned that a goal to reach net zero emissions by 2050 is becoming...

The share of biofuel consumption in liquid fuel transport was forecasted to rise more than 14% by the end of decade but would still leave...

The war risk premium that crude markets were pricing in last week has started to unwind, with volatility starting to normalise as Israel...

Russian distillate exports are still seeping into Europe, data from LSEG showed Tuesday, despite of the European embargo on the import of...

The Norwegian government has proposed to speed up increases in biofuel blend targets across the road, maritime and non-road machinery...

The global maritime sector looks increasingly in favour of some type of a carbon levy on shipping, but made...

Sweden is set to scrap a tax on air travel next year in a bid to bolster demand through lower prices and focus on more ambitious...