Oil Policy News

25 Jan 2024
The UK government is unlikely to adjust the current cap on sustainable aviation fuel (SAF) produced from HEFA feedstocks such as used cooking oil (UCO)...
25 Jan 2024
A fire has hit Russia's biggest Black Sea oil refinery, knocking out production at the 240,000 bpd Tuapse site, the second major incident...
24 Jan 2024
Oil refiners in the US have asked the Biden Administration to reform the current Renewable Fuel Standard (RFS) and renewable fuel credit (RIN) program...
24 Jan 2024
Bunker Holding expects that 20% of the marine fuel mix will be made up of new fuels by 2030 and biofuels will play a key role in reaching targets...
23 Jan 2024
The biodiesel industry group behind the EU launch of a trade investigation into the alleged circumvention of duties on imports of...
23 Jan 2024
Russia's energy export revenues fell 8% on the month in December to a five-month low of €58 million per day as crude prices fell through...
23 Jan 2024
Tokyo-headquartered Idemitsu Kosan is on track to wind down crude oil refining activities at one of its main refineries in Japan and...
22 Jan 2024
Quantum Commodity Intelligence – ExxonMobil has brought a suit against a group...
22 Jan 2024
Operations have been suspended at Novatek's Ust-Luga oil terminal after a Ukrainian drone strike on Sunday, with a fire halting work for...
22 Jan 2024
Protesters have allowed output to resume at Libya's Sharara oilfield, ending a sit-in at the 300,000 bpd field that has disrupted...
18 Jan 2024
The Philippines can replace its relatively young fleet of coal-fired power plants at a steep average price of $140/tCO2e...
18 Jan 2024
Thailand will end price subsidies for biofuel blend road fuels and cut the number of blends on offer by September this year, according to...
15 Jan 2024
One of two gasoline-producing units at Lukoil's Nizhny Novgorod refinery near Moscow is unable to restart...
12 Jan 2024
A top trade official in China has opened the door to Saudi Aramco for further investment in the country during a meeting on Thursday...
4 Jan 2024
China's economic planning body raised domestic price ceilings for gasoline and diesel for the first time since mid-September last year as...
3 Jan 2024
The US Department of Energy (DOE) has tendered for a total of 3 million barrels of crude oil as part of its Strategic Petroleum Reserve (SPR)...
3 Jan 2024
India's oil minister has played down reports that Russian oil imports have dipped due to problems with payments linked to sanctions and the...
2 Jan 2024
Six vessels carrying Russian far eastern Sokol crude have been unable to discharge in India following the clampdown on vessel owners...
2 Jan 2024
India has scrapped export duties on both diesel and jet fuel shipments at the start of the year after refining margins tumbled...
29 Dec 2023
China has set a goal to boost its supply of ships running on more sustainable fuels by the end of this decade, including...
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