Oil Policy News

ExxonMobil filed a lawsuit on 6 January alleging California Attorney General Rob Bonta and several environmental groups defamed the company...

The CEO of Frontline, the world's largest publicly traded oil tanker operator, has criticised the International Maritime Organization (IMO)....

The Biden administration is set to introduce further sanctions targeting Russia's shadow tanker fleet, which transports crude oil sold...

Outgoing US President Joe Biden is set to issue a decree that would permanently ban new offshore oil and gas development...

US President-elect Donald Trump has called for an overhaul of the North Sea energy industry, urging policymakers to "open up" the market...

Técnicas Reunidas has secured a $440 million contract to build a major oil storage and export terminal for Vaca Muerta, Argentina's...

The Chinese government said it would keep the annual fuel oil import quota for 2025 in line with the previous year's allowance despite Beijing's...

Nigeria's state-owned Warri refinery has resumed partial operations after nearly a decade of inactivity, a move aimed at reducing...

South African fuel prices are set to rise in the New Year as rising international crude oil prices compound with the country's weakening...

China will introduce a new customs code for fuel oil imports in the new year in a bid to tighten regulation around a market used by...

The Chinese government has granted a second batch of crude oil import quotas for non-state refiners in 2025 to bring the cumulative allocation for...

Shell has halted operations at an oil processing unit at its Pulau Bukom refinery in Singapore to investigate a suspected leak, the...

Indian refiner Bharat Petroleum Corporation Ltd (BPCL) is set to invest $11 billion in a new refinery and petrochemical complex in...

The Aleksey Kosygin, Russia's first domestically built ice-class LNG carrier, has begun sea trials from the Zvezda shipyard near Vladivostok...

Finnish authorities have detained a Russian-linked oil tanker, Eagle S, suspected of damaging undersea power and data cables in the...

The Chinese government issued its first slice of clean oil product export allowance for next year at 19 million mt, according to local...

Indian Oil Corporation (IOCL) will invest $7 billion to develop a naphtha cracker complex in Paradip, a port city in eastern India's Odisha state...

European gas prices Tuesday were consolidating the solid gains registered since mid-month, amid ongoing uncertainty over Russian supplies...

A senior Republican Senator has taken a fresh swipe at the International Energy Agency (IEA) for a perceived narrow focus on the climate...

The UK government has launched a consultation to refine its strategy for phasing out petrol and diesel cars by 2030, inviting input from...