Oil Policy News

Global investment banking giant Goldman Sachs has warned that a goal to reach net zero emissions by 2050 is becoming...

The share of biofuel consumption in liquid fuel transport was forecasted to rise more than 14% by the end of decade but would still leave...

The war risk premium that crude markets were pricing in last week has started to unwind, with volatility starting to normalise as Israel...

Iraq has started jet fuel exports as it looks to diversify its supply of refined products, the Ministry of Oil said Tuesday...

Nigeria's state-owned oil company has started to sell crude to the country's prized 650,000 bpd Dangote refinery this month as the country...

Russian distillate exports are still seeping into Europe, data from LSEG showed Tuesday, despite of the European embargo on the import of...

The Norwegian government has proposed to speed up increases in biofuel blend targets across the road, maritime and non-road machinery...

The global maritime sector looks increasingly in favour of some type of a carbon levy on shipping, but made...

Sweden is set to scrap a tax on air travel next year in a bid to bolster demand through lower prices and focus on more ambitious...

The Norwegian Environment Agency has proposed higher sustainability requirements for biofuels as part of plans to partially ban the use of...

UN talks on decarbonising the shipping sector made progress on some key strands this week, but uncertainty remains on the extent proposals will ever be legally binding...

The Finnish government has submitted a draft act to slash renewable fuel blending targets between 2025-2027 compared to the current program...

OPEC+ is likely to go ahead with planned production increases from December, according to a Reuters report...

Libya's rival factions resumed talks Wednesday in a bid to overcome a political injunction that has paralysed the country's oil production and...

HSFO prices out into the new year were hit by market talk of Saudi Arabia's determination to bring back heavy crude production in...

Russia is considering lifting its gasoline export ban, Deputy Prime Minister Novak said Thursday, with domestic supply seen sufficient to...

The Northern Lights CO2 transport and storage facility on Norway's west coast can now receive CO2...

Belgium's energy minister has asked the EU to ban Russian LNG imports as existing rules are not enough to get importers out of existing...

Saudi Arabia is set to start increasing oil output from December after sidelining its nominal price target, according to a report in...

Brazil's Ministry of Mines and Energy has called for more investment in both its upstream and downstream oil sectors...