Oil Policy News

Iran has provisionally agreed to limit stockpiles of near-weapons grade uranium and has made preparations to cap volumes...

China is set to cut tax rebates for clean oil product exports, signalling a broader effort by Beijing to rein in fiscal spending as it...

South Korea has officially opened a new LNG and oil tank storage hub in Ulsan this week and is eying to expand the facility to store ammonia...

The CEO of Occidental Petroleum has welcomed Donald Trump's election victory but gave a measured outlook on further US...

Germany has instructed its gas import terminals to block shipments of Russian liquefied natural gas (LNG), an action first reported by...

S&P Global trimmed its forecasts for the BEV market share in the EU in 2025, signalling a major barrier to meeting mandates as challenges...

Sinopec has started up a 1.2 million mt per year ethylene plant in Tianjin, northern China, boosting its capacity in the region to 2.5 million mt...

Aemetis said it expects the Californian government to approve year-round sales of E15 gasoline next year, spurring more than 600...

OPEC has trimmed its forecast for global oil demand in 2024 for a fourth consecutive month, as tepid growth from China continued to drag...

Donald Trump has selected a former Republican congressman with a history of voting to eliminate the federal renewable certificate scheme to run...

Russia's Litasco has denied it is in talks to sell its Bulgarian refinery to a British-Qatari consortium, first reported last week...

An appeals court in the Netherlands has overturned a 2021 ruling that compelled...

Japan's minority government will extend costly consumer support measures aimed at capping gasoline prices into 2025 as it looks to...

The Japanese government has announced a target to blend 10% ethanol in gasoline by 2030, rising to 20% in 2040...

The US DOE has awarded tenders for the purchase of 2.4 million barrels of US-origin crude for delivery into its SPR...

California regulators voted 12-2 last Friday to implement significant updates to the state's Low Carbon Fuel Standard (LCFS) in an...

The global crude oil market saw prices trading lower on Friday despite the Chinese government announcing a massive $1.4 trillion stimulus package...

Oil prices are likely to fall next year and could drop as low as a $60/b average for Brent following Donald Trump's election win Wednesday...

Oil prices eased Wednesday as investors weighed the implications of a convincing victory for Donald Trump in US Presidential race...

Officials in Beijing have greenlighted a new non-state-owned crude oil importer despite ongoing headwinds that have seen refinery...