Oil Policy News

The US has sanctioned Russia's biggest tanker fleet operators as it looks to tighten enforcement of a range of measures aimed at restricting...

The US government has approved a request from eight midwestern states for year-round sales of E15 gasoline from April 28, 2025 after reports had circulated...

South Korea is to extend tax cuts on domestic fuel prices again in a bid to...

EU lawmakers reached an agreement Friday with the German government on the phase-out of trucks and lorries running on fossil fuels...

Restocking of the US' Strategic Petroleum Reserve (SPR) is set to continue, with the Department of Energy (DOE) saying Thursday it is looking...

An expected rubberstamp vote by EU countries on CO2 reduction targets for trucks and lorries in the EU, which would see almost all new sales of...

Taiwanese shipping company Evergreen Marine has penned a deal with the world's largest independent common container carrier...

Polish tax authorities said Monday its domestic energy company Orlen sold parts of the Lotos Group...

A Russian refinery at Volgograd was struck by two Ukrainian drones on Saturday morning, with a fire damaging the Lukoil-owned refinery in the...

Polish refiner Orlen's Chief Executive Daniel Obajtek was dismissed from his post by the company's supervisory board...

Russian government intervention in the oil products market saw exports slump through January and deliveries to the domestic...

The United States' Department of Energy (DOE) is looking to buy another 3 million barrels of crude as it slowly restocks its Strategic Petroleum...

The Chinese government introduced the biggest increase in domestic price ceilings for gasoline and diesel in nearly four months as...

The US will not renew sanctions relief provided to Venezula's oil and gas sector when it expires in April...

UAE-based airline Emirates has become the first international airline to join The Solent Cluster, a UK low carbon investment initiative...

Saudi Arabia has dramatically cancelled plans to boost its production capacity by another 1 million bpd over the next few years...

China's biggest oil refiner Sinopec has hiked jet fuel output from its Shanghai refinery as air travel demand is...

New research commissioned by one of Europe's busiest airports, Amsterdam Airport Schiphol, has proposed a series of 'polluter pays' extra taxes...

The US Biden Administration dramatically announced Friday a pause on approvals for new LNG export terminals...

Russia plans to upgrade domestic refining capacity and boost production of gasoline and diesel by a combined 25% in the next four years...