Oil Policy News

OPEC+ is likely to go ahead with planned production increases from December, according to a Reuters report...

Libya's rival factions resumed talks Wednesday in a bid to overcome a political injunction that has paralysed the country's oil production and...

HSFO prices out into the new year were hit by market talk of Saudi Arabia's determination to bring back heavy crude production in...

Russia is considering lifting its gasoline export ban, Deputy Prime Minister Novak said Thursday, with domestic supply seen sufficient to...

The Northern Lights CO2 transport and storage facility on Norway's west coast can now receive CO2...

Belgium's energy minister has asked the EU to ban Russian LNG imports as existing rules are not enough to get importers out of existing...

Saudi Arabia is set to start increasing oil output from December after sidelining its nominal price target, according to a report in...

Brazil's Ministry of Mines and Energy has called for more investment in both its upstream and downstream oil sectors...

Sales of LNG-powered heavy-duty trucks in China slumped in August, snapping a trend that has continued for nearly two years, as a...

Futures prices for liquified petroleum gas in China rallied sharply during Wednesday's session to touch the highest level in more than two...

The US Navy is looking for a commercial oil tanker after a support vessel sailing with the USS Abraham Lincoln aircraft carrier group...

The start-up of Nigeria's Dangote Refinery may signal the end of the country's subsidies on fuel, Aliko Dangote shared in an interview with...

The Forties Pipeline system could shut as early as 2030 as a result of new UK taxes on its offshore oil and gas business make running...

US state California is suing ExxonMobil over its alleged role in plastics pollution, claiming the company pushed increased demand by...

Novatek has frozen its development of the Murmansk and Obsky LNG plants in Russia's Arctic region due to the impact of...

Cargo arrivals of residual fuel in China last month surged as refiners scrambled to clear customs ahead of a major tax policy shift from...

European natural gas prices tumbled to multi-month lows Thursday on reports that Ukraine is close to an agreement for the transit of gas...

The Thai government has extended price subsidies for biofuel blend road fuels by a further two years, pivoting from a plan announced in January...

US energy executives have called on greater clarity and transparency for the natural gas industry over government policy on new...

India will continue to snap up discounted Russian crude so long as the selling entity is not a sanctioned company...