Oil Policy News

The world will fail to reduce its carbon emissions sufficiently to limit global warming below 2 degrees...

Poland has filed several appeals with the EU's top court in an attempt to cancel four of the economic...

The Chinese government has issued a new batch of export quota for refined oil products as the country looks to boost...

The Biden administration on Friday said indicated that it might provide funding for expanding carbon dioxide...

Brazil could bring forward plans to increase biodiesel blending to 15% to next year, said Vice President Geraldo Alckmin, amid...

China is aiming to grow the capacity of its petrochemical industry next year, a move that could sharply boost ethylene...

Fuel subsidies around the world jumped to $7 trillion in 2022 as oil prices spiked and governments spent over 7% of...

US officials are set to draft proposals that would help to relax sanctions targeting Venezuela's oil sector...

Retail prices for gasoline and diesel in China is set to increase in the...

The Chinese government has decided to continue exempting tax on trading profits...

All alternatives to the jet engine are likely to be unsuitable for powering long-haul flights for decades to come, making...

Fuel oil exports from China fell sharply last month as...

India's government has told state-owned oil companies to find a way to blend ethanol into diesel to meet its 5% biofuel target...

Adnoc Gas has inked a five-year deal to supply Japan Petroleum Exploration Co (Japex) with LNG, the company announced...

US oil company Occidental has agreed a full takeover of Canada-based direct air capture firm Carbon Engineering for around $1.1 billion...

India has reimposed export duties on jet fuel after a four-month hiatus while boosting the levy on...

The United Arab Emirates and India have signed an agreement opening the way for crude oil transactions in Rupees...

Vessels on the Black Sea remained on high alert at the start of the week as Russia fired at a civilian...

Italian energy major Eni on Tuesday said it is considering whether to develop a hub in northwestern England for the collection of carbon dioxide...

Port operations at Russia's primary oil loading terminal on the Black Sea were halted on Friday morning after a...