Oil Policy News

US President Donald Trump has signed an executive order suspending enforcement of the Foreign Corrupt Practices Act (FCPA), a...

Japan is interested in importing ammonia and bioethanol from the USA, in addition to LNG, Prime Minister Shigeru Ishiba said on Friday at his press conference with President Trump...

Nigeria's Dangote refinery may begin operating at full capacity in 30 days, the head of the refinery said on Monday, while the NNPC continues...

Singapore gasoline cracks hit their highest levels since May during trade at the start of the week as expectations of lower exports out of...

Weekly US drilling activity rose for a second week, with increments registered in five states that included...

The Nigerian National Petroleum Company and an independent oil production partner achieved 96% reduction in associated gas flaring...

The US Department of Energy will sacrifice meeting its net-zero greenhouse gas emission targets in favour of expanding domestic oil and gas...

South Korea will extend its tax cuts for gasoline, diesel and LPG for three more months as the country's inflation continue to creep higher, the acting president Choi Sang-mok announced...

Lukoil's 300,000 bpd Volgograd refinery shut down on 3 February following a drone attack that damaged a key distillation unit and...

Goldman Sachs expects that China's retaliatory sanctions aimed at US goods will have a limited impact, causing only shipments to...

US President Donald Trump has signed off on legislation aimed at restoring "maximum pressure" on Iran, which are set to impact oil...

Marathon Petroleum Corp (MPC) sees growth in petroleum product demand for its fuels extending through...

US President Trump is expected to sign an executive order Tuesday tightening sanctions on Iran, sending oil prices sharply higher on the day.

The International Maritime Organization has agreed to a draft circular for the carriage of up to 30% marine biofuels blend by conventional...

China will impose tariffs on a range of US exports, including crude oil and liquefied natural gas, escalating trade tensions following new US...

President Donald Trump has paused for 30 days his plans to implement new tariffs on imports from Canada...

The California LCFS cumulative credit bank grew by a record 4 million mt in the third quarter of 2024...

Traders are bracing for more price weakness in the coming weeks for Alberta's crudes, with barely a day...

Iraq's parliament has approved legislation that could open the way for a resumption of exports from the semi-autonomous Kurdish region...

Ukrainian drones hit a major Russian oil refinery and a gas-processing plant in the latest escalation of Kyiv's long-range strikes on critical...