Oil Policy News

South African fuel prices are set to rise in the New Year as rising international crude oil prices compound with the country's weakening...

China will introduce a new customs code for fuel oil imports in the new year in a bid to tighten regulation around a market used by...

The Chinese government has granted a second batch of crude oil import quotas for non-state refiners in 2025 to bring the cumulative allocation for...

Shell has halted operations at an oil processing unit at its Pulau Bukom refinery in Singapore to investigate a suspected leak, the...

Indian refiner Bharat Petroleum Corporation Ltd (BPCL) is set to invest $11 billion in a new refinery and petrochemical complex in...

The Aleksey Kosygin, Russia's first domestically built ice-class LNG carrier, has begun sea trials from the Zvezda shipyard near Vladivostok...

Finnish authorities have detained a Russian-linked oil tanker, Eagle S, suspected of damaging undersea power and data cables in the...

The Chinese government issued its first slice of clean oil product export allowance for next year at 19 million mt, according to local...

Indian Oil Corporation (IOCL) will invest $7 billion to develop a naphtha cracker complex in Paradip, a port city in eastern India's Odisha state...

European gas prices Tuesday were consolidating the solid gains registered since mid-month, amid ongoing uncertainty over Russian supplies...

A senior Republican Senator has taken a fresh swipe at the International Energy Agency (IEA) for a perceived narrow focus on the climate...

The UK government has launched a consultation to refine its strategy for phasing out petrol and diesel cars by 2030, inviting input from...

Naphtha cracks in Asia hit their highest levels in a month and a half during Monday's trading session as Chinese government stimulus...

Oil shipments via Russia's Druzhba pipeline have resumed, restoring a critical supply route for Hungary, Slovakia, the Czech Republic...

Qatar has warned it will cease gas exports to the European Union if new corporate due diligence rules result in significant financial...

Syria's Baniyas oil refinery has ceased operations after the flow of Iranian crude, which historically accounted for 90% of its supply, was...

US President-elect Donald Trump has issued an ultimatum to the European Union, threatening tariffs unless the bloc significantly...

Israel launched airstrikes on Yemeni energy infrastructure early 19 December, targeting ports and power stations in response to Houthi...

The US government's Environmental Protection Agency (EPA) on Wednesday approved California's plan to phase out gasoline-only car...

A US government funding draft bill has included a plan to allow year-round sales of E15 and additional ethanol blending credits to some...