Oil Policy News

A G7-led coalition that has sanctioned Russia's oil industry said it would step up efforts to enforce existing rules aimed at cutting the country's...

The marine fuel 0.5% sulfur east-west spread has reversed course and hit its highest levels...

Oil supermajor BP has joined a growing list of companies avoiding the Red Sea as the number of attacks by Houthi militants in the region picks...

Panama's bunker fuel sales slipped to their lowest level in 14 months during November as long-running delays on the Panama Canal continue...

Two of the world's biggest shipping companies have halted voyages through the Red Sea after another attack by Houthi forces, with the...

The US and China will update their long-term plans to cut emissions just four...

COP28 was labelled as "historic", but the UN decision to transition away...

UN nations have agreed for the first time to transition away from fossil fuels in global energy systems, although no individual nation...

The wave of consolidations in the US shale belt continued Tuesday as it was announced Occidental Petroleum had agreed to buy rival Crown...

Venezuela's President Maduro will seek a peaceful and diplomatic solution to its border...

UN negotiators continued to whittle down, or in some cases ramp up, the number...

UN negotiators will very likely in 11 months time be packing their bags to hold two-week long...

Norway is exploring the option of ammonia production in the Barents Sea to develop the large swaths of natural gas resources...

China's oil demand is expected to peak by the end of this decade, according to the latest estimate from an in-house think tank...

China's top economic planning body has lowered domestic fuel price ceilings for the fifth time in a row as...

The US will take advantage of recent lower oil prices and step up the buying program to replenish its SPR...

Brazil will not be joining the OPEC oil producers' alliance under the presidency of Lula da Silva...

A pledge on day three of UN climate talks from major oil companies to reduce their emissions, rather than give firmer...

US environmental regulators on Saturday said they would pass new measures...

Sweden's parliament has voted narrowly in favour of huge cuts to GHG reduction targets in road fuels starting in January that are...