Asia Oil Policy News

Russia can develop its own crude oil price benchmark in 2023 as the country comes to terms with increasingly...

The Indonesian government's intention to integrate fossil gas power plants into the Just Energy Transition...

Russia has so far decided to only cut its oil production for March with further adjustments from April...

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"...

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

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

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...

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...

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

Chinese refiners have been issued a second set of crude oil import quotas, taking the total...

China has wound back much of a two-year experiment in production constraint on its refiners, issuing big fresh...

Indonesia's government has pushed back the start of its much-trumpeted 35% biodiesel B35 blending programme to...

Premiums in the Asian jet fuel cargo market jumped on Wednesday, with China's easing Covid-19 restrictions driving...

Russia has banned oil exports to countries that enforce a $60/b price cap on its oil barrels for five months as it looks...

Gasoline cargo cracks in Asia climbed to their highest level since mid-September on Tuesday, with oil products markets...

Russia will produce up to 500 million mt of crude oil in 2023, a drop of around 8% year-on-year as the country deals...