Oil Policy News

The wave of consolidations in the US shale belt continued Tuesday as it was announced Occidental Petroleum had agreed to buy rival Crown...

Venezuela's President Maduro will seek a peaceful and diplomatic solution to its border...

UN negotiators continued to whittle down, or in some cases ramp up, the number...

UN negotiators will very likely in 11 months time be packing their bags to hold two-week long...

Norway is exploring the option of ammonia production in the Barents Sea to develop the large swaths of natural gas resources...

China's oil demand is expected to peak by the end of this decade, according to the latest estimate from an in-house think tank...

China's top economic planning body has lowered domestic fuel price ceilings for the fifth time in a row as...

The US will take advantage of recent lower oil prices and step up the buying program to replenish its SPR...

Brazil will not be joining the OPEC oil producers' alliance under the presidency of Lula da Silva...

A pledge on day three of UN climate talks from major oil companies to reduce their emissions, rather than give firmer...

US environmental regulators on Saturday said they would pass new measures...

Sweden's parliament has voted narrowly in favour of huge cuts to GHG reduction targets in road fuels starting in January that are...

The US Department of Energy (DOE) has booked 2.73 million barrels of crude oil via a tender that closed last month, securing further stocks...

OPEC+ members have declared voluntary cuts following Thursday's meeting, with additional reductions totaling around 900,000 bpd...

OPEC+ reached a last-minute agreement Thursday to further reduce output from January, with Saudi Arabia maintaining its voluntary cut...

The Science Based Targets initiative (SBTi)is seeking experts to join an advisory group to help develop a specific standard...

India has resumed purchases of Venezuelan crude after the US last month suspended oil sanctions, with volumes set to pick up next month...

South Korea's current plan to boost its liquified natural gas (LNG) infrastructure in reaction to the ongoing war in Ukraine and...

Talks surrounding the upcoming OPEC+ meeting continued Tuesday and while the group, has yet to reach any agreement but market watchers are swaying towards...

Chinese refiners should pivot towards more sustainable aviation fuel (SAF) development to address oil refining overcapacity...