Exporting Canadian crude through the 890,000 b/d Trans Mountain (TMX) pipeline system is more profitable for shippers compared to alternative routes into the US, as ample Latin American supply weighs ...

The European Parliament today called for a three-year delay to monitoring, reporting and verification (MRV) obligations for importers under the EU's 2024 methane emissions regulation (MER), after the ...

Algeria has cut pipeline flows to Spain by around a third so far this month, prompting Spanish firms to boost LNG imports.

State-controlled Saudi Aramco facilities at Yanbu, on the Red Sea coast, and at the 1mn b/d Shaybah oil field in the southeast are undamaged, a source said, after the Yemen-based Houthi militant group ...

Venezuela's state-owned oil company PdV is working to appoint a new board of directors for US refiner Citgo and its parent company PdV Holdings, a lawyer for the company said today.

The EU's carbon border adjustment mechanism (CBAM) places administrative and cost burdens on the aluminium sector while risking not achieving its stated aims, delegates at the Triland Global Metals ...

Countries have submitted more than 100 new climate plans in the past year, but these will not deliver the greenhouse gas (GHG) emissions cuts required to reach global warming limits set out in the ...

The US is looking at "some opportunities" to help re-open refineries that have been shut within the past decade, secretary of energy Chris Wright said today.

The UK government has approved development of the Jackdaw gas field, one of two North Sea projects ruled unlawful in Scotland in 2025.

US independent refiner Phillips 66 locked out 385 union-represented workers from its 275,000 b/d Bayway refinery in Linden, New Jersey, as contract negotiations fell through between the company and ...

Australian Carbon Credit Units (ACCUs) from avoided deforestation (AD) projects made up more than 60pc of the total 3.15mn issuances in September, reaching a monthly record high for the method, with ...

US prediction market Kalshi is asking the US Commodity Futures Trading Commission (CFTC) for approval to launch a perpetual contract tracking WTI crude futures, which if authorized would become the ...