Oil Policy News

China could be considering a large second batch of oil product export quota as rising gasoline prices...

EU lawmakers have rubber-stamped new rules that would allow member states to ban imports of Russian LNG, although it is unclear whether...

The EU Parliament has voted in favour of a draft law almost entirely phasing out trucks and lorries powered by conventional engines by 2040...

Global oil consumption is continuing to grow and will hit a record 102.9 million bpd this year due to demand growth led by China and India, the...

Iraq is in the process of repairing an oil pipeline to export crude to Turkey, which could act as an alternative to the Kirkuk-Ceyhan pipeline...

Global oil markets are set to tighten in the second half 2024, which could in turn constrain demand unless OPEC starts unwinding production cuts...

A senior US government official said that Washington has not asked India to reduce Russia crude oil imports, but reiterated that unrestricted...

The UK Parliament committee in charge of measuring progress on green goals has called for the government to bring forward a review...

Singapore's approach to building a sustainable aviation fuel ecosystem is to strike a balance between economic competitiveness and...

The Senate of the US state of Vermont has backed proposed legislation aimed at clawing back from fossil fuel companies some of the cost...

Ukrainian forces have struck another Russian refinery in the latest in a wave of drone attacks, with social media footage posted Tuesday...

Mexico is to reign in exports of its heavy crude oil exports with state-owned energy firm Pemex notifying some customers that term contracts...

The UK government said Wednesday that new oil and gas developments in the North Sea will not be approved without significant measures to reduce carbon emissions...

Moscow has ordered Russian oil producers to rein in production with combined output set to be capped at 9 million bpd to ensure...

Ukrainian drone strikes on Russia's oil processing infrastructure resumed over the weekend...

Former OPEC member Ecuador is looking to stabilise and the gradually increase oil production over the next two years...

India's Reliance Industries has halted oil imports moved by Sovcomflot after the US targeted Russia's largest tanker operator with...

Chinese demand for refined oil products could fall sharply in the coming years as Beijing continues to expand...

The US government has passed new vehicle environmental regulations aimed at cutting carbon emissions from its road transport by more...

Russia's energy ministry has discussed changing maintenance schedules at its refineries that Ukrainian drones have not already hit to...