China soaks up the crude oil glut, but only if the price is right
LAUNCESTON, Australia, Jan 27 (Reuters) – Where exactly is the expected supply glut in the global crude market?…
OMV CEO says strict rules on plastic recycling could stifle innovation
Item 1 of 2 OMV CEO Alfred Stern briefs journalists in Vienna, Austria September 22, 2025. REUTERS/Lisa Leutner…
Renewables push China’s fossil‑fuelled power into first annual drop in 10 years
BEIJING, Jan 19 (Reuters) – China’s mostly coal-based thermal power generation fell in 2025 for the first time…
Exclusive: US to finalize 2026 biofuel quotas by early March, drop import penalties, sources say
Trump administration to finalize 2026 biofuel quotas by early March EPA may adjust bio-based diesel targets slightly lower…
US oil drilling to slow as prices slump, Venezuela growth could amplify pressure, EIA says
NEW YORK, Jan 13 (Reuters) – Lower oil prices are expected to cut U.S. drilling activity and reduce…
Exclusive: Venezuela begins reversing oil output cuts as exports resume, sources say
Item 1 of 2 Crude oil drips from a valve at an oil well operated by Venezuela’s state…
Explainer: Venezuela’s billions in distressed debt: Who is in line to collect?
NEW YORK/LONDON, Jan 4 (Reuters) – The toppling of President Nicolas Maduro has thrust Venezuela’s debt crisis –…
Venezuelan oil industry: world’s largest reserves, decaying infrastructure
Jan 3 (Reuters) – Following are key facts about the oil industry of Venezuela, whose President Nicolas Maduro…
Oil up as market weighs strong US economic growth, supply risks
US economy grew faster than expected in the third quarter US might keep or sell seized Venezuelan oil,…
US EPA expects to finalize biofuel rules in first quarter of 2026
Dec 16 (Reuters) – The U.S. Environmental Protection Agency expects to finalize 2026 and 2027 biofuel blending mandates,…
Exclusive: Russia’s monthly oil and gas revenue poised to hit lowest since August 2020
Annual oil and gas revenue to fall short of budget projection Returns hit by cheaper crude and stronger…
US holds first Gulf of Mexico oil and gas auction since 2023
Dec 10 (Reuters) – The Trump administration will hold the government’s first sale of oil and gas drilling…