Oil Policy News

The oil and gas sector has "no excuse" for failing to cut its methane emissions last year when the...

Indonesia is likely to issue allocation quotas for coal-fired power plants linked to the national grid "soon"...

Italy will counter-propose a 90% GHG reduction target for new car sales in 2035 in talks with member states before they...

Annual upstream oil and gas investment needs to rise by 28% to reach $640 billion in 2030 to ensure adequate global supplies...

The European Commission has not set an end date for sales of heavy-duty vehicles powered by fossil fuels and other liquid...

The EU Parliament formally approved Tuesday legislation effectively banning sales of new fossil-fuelled cars and light...

The growth in sales of electric vehicles (EV) compared to internal combustion (ICE) vehicles will cut...

UK climate law charity ClientEarth on Thursday said it is taking oil major Shell's board of directors to court for failing to move away from

Tumbling energy revenues and soaring expenditure pushed Russia's federal budget to a deficit of 1.76 trillion rubles...

Gasoil cracks slumped to 11-month lows in Asia at the start of the week after the EU agreed to a $100/b price cap...

Russia is considering taxing its oil producers off the Brent crude benchmark rather than the current Urals...

New sales of fossil-fuel-powered heavy-duty vehicles could be allowed up until 2040 according to a draft proposal for...

Oil and gas operators in the US emit methane at vastly different rates, as some operators have reduced emissions...

The European Commission's Green Deal Industrial Plan, unveiled Wednesday, will if implemented be like the Inflation Reduction Act in the US for Europe and…

A European Commission draft proposal to boost state aid and tax credits for the energy transition aiming to compete with the...

New proposed emissions standards for diesel vehicles in the EU could set back the net-zero emissions push by causing auto...

Russia's invasion of Ukraine, together with the US Inflation Reduction Act (IRA), could see global carbon dioxide (CO2)...

Russian president Vladimir Putin has told his government to look into the way that it calculates taxes on the oil industry...

Los Angeles County has blocked new oil and gas drilling and will phase out of existing operations, expanding on a city-wide ban...

Banks continue to favour investment in traditional energy sources such as oil and gas at the expense of renewable...