Oil Policy News

AI's integration into the oil and gas sector is revolutionising exploration, production, and distribution processes, the International...

Washington has confirmed the latest round of sanctions targeting on 35 entities and vessels that it believes play a critical role in transporting...

Spain's imports of Venezuelan crude oil surged to their highest levels in two decades, official data showed Wednesday, as unwinding US sanctions...

Any retalitory tariffs from China on US imports would have a serious damage on Chinese petrochemcial crackers that heavily reliant on cheap...

Efforts to forge the first global treaty on plastic pollution collapsed in Busan over the weekend, as oil-producing nations blocked attempts...

China's sustainable aviation fuel supply could exceed domestic demand by around 16 million mt by 2030 and supply-side fiscal support is...

Donald Trump is considering expanding sanctions on Iran to include neighbouring Iraq, targeting OPEC's second-largest crude producer and a...

China is expected to put in a place a separate customs description code for sustainable aviation fuel later this year or in early 2025 in order...

South Korea will extend fuel tax cuts for an additional two months to ease energy costs during the peak winter demand season, as...

OPEC+ has delayed this weekend's planned meeting until 5 December, with the official communique citing a scheduling conflict...

Chevron has criticized California lawmakers for passing a controversial bill that forces refiners to hold more inventories, saying it will only...

The UK automotive industry has issued a stark warning to policymakers Wednesday, calling for urgent government action to safeguard...

The US state of Maine has filed a lawsuit against major oil companies, joining a wave of legal challenges seeking to hold the fossil fuel...

Citi has reaffirmed its bearish $60/b Brent forecast for 2025, citing a looming supply surplus and weak demand as persistent challenges...

Alaska North Slope crude oil production in October hit a six-month high and rose above the year-to-date average...

Kurdistan's Prime Minister Masrour Barzani has accused Iraq's federal government of causing $20 billion in losses due to the closure...

Goldman Sachs has flagged a turbulent year ahead for the oil market in 2025, with downside risks outweighing short-term upside potential...

US President-elect Donald Trump has vowed to impose 25% tariffs on all imports from Canada and Mexico, escalating tensions in North...

California Governor Gavin Newsom said Monday he would restart the state's electric vehicle (EV) rebate...

OPEC+ will hold its early December ministerial meeting online rather than in person, according to newswire reports citing OPEC sources...