Oil Policy News

Operations have been suspended at Novatek's Ust-Luga oil terminal after a Ukrainian drone strike on Sunday, with a fire halting work for...

Protesters have allowed output to resume at Libya's Sharara oilfield, ending a sit-in at the 300,000 bpd field that has disrupted...

The Philippines can replace its relatively young fleet of coal-fired power plants at a steep average price of $140/tCO2e...

Thailand will end price subsidies for biofuel blend road fuels and cut the number of blends on offer by September this year, according to...

One of two gasoline-producing units at Lukoil's Nizhny Novgorod refinery near Moscow is unable to restart...

A top trade official in China has opened the door to Saudi Aramco for further investment in the country during a meeting on Thursday...

China's economic planning body raised domestic price ceilings for gasoline and diesel for the first time since mid-September last year as...

The US Department of Energy (DOE) has tendered for a total of 3 million barrels of crude oil as part of its Strategic Petroleum Reserve (SPR)...

India's oil minister has played down reports that Russian oil imports have dipped due to problems with payments linked to sanctions and the...

Six vessels carrying Russian far eastern Sokol crude have been unable to discharge in India following the clampdown on vessel owners...

India has scrapped export duties on both diesel and jet fuel shipments at the start of the year after refining margins tumbled...

China has set a goal to boost its supply of ships running on more sustainable fuels by the end of this decade, including...

A G7-led coalition that has sanctioned Russia's oil industry said it would step up efforts to enforce existing rules aimed at cutting the country's...

The marine fuel 0.5% sulfur east-west spread has reversed course and hit its highest levels...

Oil supermajor BP has joined a growing list of companies avoiding the Red Sea as the number of attacks by Houthi militants in the region picks...

Panama's bunker fuel sales slipped to their lowest level in 14 months during November as long-running delays on the Panama Canal continue...

Two of the world's biggest shipping companies have halted voyages through the Red Sea after another attack by Houthi forces, with the...

The US and China will update their long-term plans to cut emissions just four...

COP28 was labelled as "historic", but the UN decision to transition away...

UN nations have agreed for the first time to transition away from fossil fuels in global energy systems, although no individual nation...