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

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 ...

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 ...

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 ...

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 ...

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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.

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 ...

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 ...

Offtake agreements with developers of CO2 removal (CDR) projects is the key mechanism that the European Commission is considering to employ for the centralised purchases of at least 250mn CDR credits ...

IEA executive director Fatih Birol said today that he does not see "any credible pathway" for a normalisation of energy markets next year and that the crisis in the Middle East could escalate further.