Oil Policy News

Tumbling energy revenues and soaring expenditure pushed Russia's federal budget to a deficit of 1.76 trillion rubles...

Gasoil cracks slumped to 11-month lows in Asia at the start of the week after the EU agreed to a $100/b price cap...

Russia is considering taxing its oil producers off the Brent crude benchmark rather than the current Urals...

New sales of fossil-fuel-powered heavy-duty vehicles could be allowed up until 2040 according to a draft proposal for...

Oil and gas operators in the US emit methane at vastly different rates, as some operators have reduced emissions...

The European Commission's Green Deal Industrial Plan, unveiled Wednesday, will if implemented be like the Inflation Reduction Act in the US for Europe and…

A European Commission draft proposal to boost state aid and tax credits for the energy transition aiming to compete with the...

New proposed emissions standards for diesel vehicles in the EU could set back the net-zero emissions push by causing auto...

Russia's invasion of Ukraine, together with the US Inflation Reduction Act (IRA), could see global carbon dioxide (CO2)...

Russian president Vladimir Putin has told his government to look into the way that it calculates taxes on the oil industry...

Los Angeles County has blocked new oil and gas drilling and will phase out of existing operations, expanding on a city-wide ban...

Banks continue to favour investment in traditional energy sources such as oil and gas at the expense of renewable...

The US government has released a blueprint for decarbonising its transport sector by 2050 combining guidelines to rapidly...

Chinese refiners have been issued a second set of crude oil import quotas, taking the total...

The US inflation reduction act (IRA) could drive around $1.5 trillion of capital mobilisation in clean energy by 2032...

China has wound back much of a two-year experiment in production constraint on its refiners, issuing big fresh...

Indonesia's government has pushed back the start of its much-trumpeted 35% biodiesel B35 blending programme to...

ExxonMobil has sued the European Union over a planned windfall tax on excess producer...

Premiums in the Asian jet fuel cargo market jumped on Wednesday, with China's easing Covid-19 restrictions driving...

Russia has banned oil exports to countries that enforce a $60/b price cap on its oil barrels for five months as it looks...