Oil Policy News

OPEC Secretary-General Haitham Al Ghais said Tuesday that the global economy remains healthy despite challenges due to...

China's Ministry of Commerce on Tuesday disclosed a new regulation that requires commodity traders to share...

The US Department of Energy has issued its latest tender to replenish its Strategic Petroleum Reserve, asking the market for offers on up...

The UK government is stepping up efforts to target more oil and gas output from the North Sea...

A group of US senators on Thursday introduced new legislation to impose a fee on carbon-intensive products imported from countries...

The Japanese government on Thursday confirmed its plan to extend subsidies on oil, gas and power by another four months beyond the current...

Higher energy prices over the past two years have significantly reduced the cost of achieving net zero, but the remaining...

Production from the core OPEC members increased for a third consecutive month in October, as output discipline from GCC members of the group was offset by...

The number of vessels that can transit via the Panama Canal each day is to be restricted even further to just a trickle as ongoing drought...

Chinese demand for refined oil fuel products is expected to jump in the fourth quarter of this year, according to a top executive from...

The European Commission highlighted diesel stocks as it main vulnerability at an...

Oil demand growth has been strong this year thanks to growth in Chinese demand and the recovery of air travel and that trend is likely...

China is to limit its primary crude oil processing capacity in the next two years as the country looks to streamline its massive refinery industry amid...

The Chinese government trimmed fuel ceiling prices for the second time in a row as the crude oil market continued to soften owing to...

Big acquisitions by ExxonMobil and Chevron this week illustrate the long-term importance and health of the oil industry as well as the role...

Iraq has unveiled plans to cut greenhouse gas emissions associated with gas flaring, which it said will be the…

MEPs leading the EU parliament's proposal for ending the sale of fossil-fuelled trucks and lorries via GHG reduction targets voted...

Russia is aiming to ramp up supplies of liquified natural gas (LNG) to China via the North Sea Route (NSR) amid...

Vietnam is looking to extend its tax reduction for the domestic fuel market for another year in a bid to...

The US has suspended oil sanctions aimed at Venezuela for an initial period of six months...