Oil Policy News

he EU has dropped plans to include Russian LNG imports in its next sanctions package due to resistance from some members and...

The US Army Corps of Engineers (USACE) plans to fast track permit application for a project to relocate...

The US Treasury has sanctioned another Chinese independent refiner for trading Iranian oil, stepping up efforts to pressure Tehran...

Global trade will shrink this year as US tariffs and policy uncertainty hit industrial output and cross-border flows, the World Trade Organization...

Nigeria aims to establish a national strategic petroleum products reserve this year, the country's petroleum products regulator said on...

Swedish demand for biofuels in gasoline dipped in February after hitting a three-month high, while demand for pure renewable diesel also fell...

Indonesia is planning to boost imports of crude oil and other energy products from the US as part of a broader push for a new trade agreement...

US energy consumption is set to increase this year but then progressively decline for the next several...

The International Energy Agency (IEA) has slashed its global oil demand growth forecast for this year and the next, citing deepening trade...

Regional markets could see a speedier decline in available Venezuelan crude supply after reports surfaced...

The US and Iran held the first direct talks in years over the weekend in a final bid to find an agreement on Tehran's nuclear ambitions...

Russia expects crude oil production to remain broadly flat through 2050, according to the country's newly published Energy...

Deliveries of trucks powered by low-carbon fuels continued to rise in China last month as Beijing stepped up financial support to spur...

The US Department of Interior (DOI) sees about 27% more recoverable oil and gas reserves across of the Gulf of Mexico (GOM) than previous estimates as the Trump administration touts opportunities to boost domestic energy supply.

UN negotiators have voted in favour of a landmark agreement which will place reduction targets on the carbon intensity of marine fuels...

China raised its tariffs on all US products from 84% to 125% in response to the White House's threat to increase reciprocal duties to 145% as the...

The US government has decided to sanction a Chinese terminal for breaking trade restrictions on Iranian crude and oil products in the latest move...

Worldwide oil demand growth through next year will be undermined by a slew of changes in global policy, notably tariff increases...

Kazakhstan will meet its OPEC+ target in April and compensate for March overproduction, the Energy Ministry told Interfax, after the country...

A prolonged high tariff and low oil price environment will lead shale producers to delay maintenance...