Oil Policy News

South Sudan has agreed a deal with its neighbour Sudan to resume oil exports after repairing a vital pipeline...

Battery electric vehicle (BEV) manufacturers have a clear path to achieve EU targets, according to latest analysis from Transport and Environment...

Chinese imports of residual fuel oil have spiked this month as independent domestic refiners scrambled for spot supplies of the...

Salvagers have successfully towed a burning crude tanker from the Red Sea without any oil spillage after Houthi rebels thwarted...

The Nigerian National Petroleum Company Ltd. (NNPC) increased the price of gasoline once again on Monday as supply from the 650,000 bpd...

Indonesia wants to limit sales of higher sulfur content biodiesel and the widely used 90-RON gasoline grade into to lower its fuel subsidy...

NNPC and Chevron have targeted production from its Nigerian joint ventures to reach 165,000 bpd by the end of the year...

China's third batch of clean oil product export quotas this year is said to be small as crude throughput is expected to...

OPEC and its allies trimmed back production in September as field maintenance in Kazakhstan and political upheaval in Libya...

Colombia has started shutting production at oil fields blocked by protests, its state-owned oil company Ecopetrol said late Thursday...

Libya's petroleum industry remained severely constrained heading into the back end of the week after rival factions made tentative...

OPEC+ is considering deferring planned production increases from October, with the producer group spooked by the slump in...

Germany's finance ministry has extended its trusteeship of Rosneft's German assets for another six months

Libya's petroleum industry remained severely constrained Tuesday, with one media outlet putting production as low as...

Norway's Aker BP has kickstarted production at its Tyrving oilfield amid an ongoing legal battle as the Norwegian government seeks to...

Indonesia is planning to build a reserve of crude oil, gasoline, and liquified petroleum gas in the next 10 years in a bid to shield itself from...

The Japanese Ministry of Finance said on Tuesday that it is ready to spend over JPY989 billion ($6.7 billion) of its 2024 fiscal reserve fund on...

Russia complied with its crude production quota last month under the terms of the OPEC+ agreement...

A fire has been contained at the Moscow Oil Refinery, officials were quoted by Russia's Tass news agency Monday...

Two oil tankers have been targeted by missile strikes in the Red Sea in the latest incident to force commercial shipping out of the...