Oil Policy News

Sales of LNG-powered heavy-duty trucks in China slumped in August, snapping a trend that has continued for nearly two years, as a...

Futures prices for liquified petroleum gas in China rallied sharply during Wednesday's session to touch the highest level in more than two...

The US Navy is looking for a commercial oil tanker after a support vessel sailing with the USS Abraham Lincoln aircraft carrier group...

The start-up of Nigeria's Dangote Refinery may signal the end of the country's subsidies on fuel, Aliko Dangote shared in an interview with...

The Forties Pipeline system could shut as early as 2030 as a result of new UK taxes on its offshore oil and gas business make running...

US state California is suing ExxonMobil over its alleged role in plastics pollution, claiming the company pushed increased demand by...

Novatek has frozen its development of the Murmansk and Obsky LNG plants in Russia's Arctic region due to the impact of...

Cargo arrivals of residual fuel in China last month surged as refiners scrambled to clear customs ahead of a major tax policy shift from...

European natural gas prices tumbled to multi-month lows Thursday on reports that Ukraine is close to an agreement for the transit of gas...

The Thai government has extended price subsidies for biofuel blend road fuels by a further two years, pivoting from a plan announced in January...

US energy executives have called on greater clarity and transparency for the natural gas industry over government policy on new...

India will continue to snap up discounted Russian crude so long as the selling entity is not a sanctioned company...

South Sudan has agreed a deal with its neighbour Sudan to resume oil exports after repairing a vital pipeline...

Battery electric vehicle (BEV) manufacturers have a clear path to achieve EU targets, according to latest analysis from Transport and Environment...

Chinese imports of residual fuel oil have spiked this month as independent domestic refiners scrambled for spot supplies of the...

Salvagers have successfully towed a burning crude tanker from the Red Sea without any oil spillage after Houthi rebels thwarted...

The Nigerian National Petroleum Company Ltd. (NNPC) increased the price of gasoline once again on Monday as supply from the 650,000 bpd...

Indonesia wants to limit sales of higher sulfur content biodiesel and the widely used 90-RON gasoline grade into to lower its fuel subsidy...

NNPC and Chevron have targeted production from its Nigerian joint ventures to reach 165,000 bpd by the end of the year...

China's third batch of clean oil product export quotas this year is said to be small as crude throughput is expected to...