Oil Policy News

Russia has extended a gasoline export ban until the end of 2024, government officials were quoted by Interfax Wednesday...

The California Air Resources Board has proposed to nearly double its 2025 carbon intensity reduction targets for transportation fuel and...

China has completed construction of one of the largest rigs in the world, which will be shipped to Saudi Arabia as part of the expansion...

The US Department of Energy has tendered to buy another 6 million barrels to top up its depleted Strategic Petroleum Reserve...

India's prime minister's office is mulling plans to blend ethanol into diesel as...

European natural gas prices consolidated at this week's yearly highs Friday, as heightened tensions on the Russia-Ukraine border...

A crude oil tanker transiting the Red Sea has been targeted in a series of attacks, the latest in a string of strikes aimed at forcing commercial...

BP and Shell have offered to contribute up to $15 million in financing to the South African government as it weighs up a deal to...

Proposed changes to Argentinian biofuels regulation are a potential "game changer," according to a new US Department...

Local authorities in the semi-autonomous region of northern Iraq have launched a clampdown on unlicensed refining operations in a bid to tackle...

Oil production from the 12 core OPEC members increased during July, as Iraq was again was the primary overproducer despite pledging...

The OPEC+ JMMC has not recommended any immediate changes to the producer alliance's current production policy...

Russia has extended a ban on gasoline exports set to run through August until the end of October until the end of September, confirming...

India has seen a shift back towards Middle East crude oil supplies in 2024 but the move could prove short-lived...

The US Department of Energy has continued to restock the country's Strategic Petroleum Reserve, booking 4.65 million barrels of...

Losses at Mexican oil firm Pemex hit an eye-watering $14 billion in the second quarter as big forex losses mounted, while overseas...

Russian deputy prime minister Alexander Novak has denied the country is about to reimpose limits on diesel exports, scotching rumours it...

Rising diesel prices in Russia have moved the government to consider reimposing a diesel export ban a day after it said it would...

Russia has decided to reimpose a ban on gasoline exports from 1 August, Deputy PM Alexander Novak said Tuesday...

The owner of Nigeria's new mega refinery, Aliko Dangote, was set to meet with the national oil company NNPC...