Oil Policy News

Retail prices for gasoline and diesel in China is set to increase in the...

The Chinese government has decided to continue exempting tax on trading profits...

All alternatives to the jet engine are likely to be unsuitable for powering long-haul flights for decades to come, making...

Fuel oil exports from China fell sharply last month as...

India's government has told state-owned oil companies to find a way to blend ethanol into diesel to meet its 5% biofuel target...

Adnoc Gas has inked a five-year deal to supply Japan Petroleum Exploration Co (Japex) with LNG, the company announced...

US oil company Occidental has agreed a full takeover of Canada-based direct air capture firm Carbon Engineering for around $1.1 billion...

India has reimposed export duties on jet fuel after a four-month hiatus while boosting the levy on...

The United Arab Emirates and India have signed an agreement opening the way for crude oil transactions in Rupees...

Vessels on the Black Sea remained on high alert at the start of the week as Russia fired at a civilian...

Italian energy major Eni on Tuesday said it is considering whether to develop a hub in northwestern England for the collection of carbon dioxide...

Port operations at Russia's primary oil loading terminal on the Black Sea were halted on Friday morning after a...

The Inflation Reduction Act alone is unlikely to help the US hit its Paris Agreement climate goals and achieve net zero emissions...

The UK government is set to boost security of critical energy infrastructure including gas pipelines...

An EU proposal to reform energy taxes and impose higher minimum duties on fossil fuels compared to renewables is set...

The UK government committed on Monday to hundreds of future oil and gas drilling licenses to increase...

Asian oil product cracks slid on Tuesday as the market responded to a jump in crude oil prices at the start of the week...

The European Council has formally adopted new laws to decarbonise the maritime sector under the FuelEU maritime...

Poland has filed its appeal with the European Court of Justice to reverse EU legislation agreed earlier this year...

The US has blocked 14 Iraqi banks from conducting dollar transactions as part of a crackdown on...