Oil Policy News

The Council of the EU, which represents member state governments in the bloc's legislative process, has proposed new...

The US and Canada are expected to block a bid by the UK and Germany to build support across the G7 member group...

Italy, Portugal, Bulgaria, Romania and Slovakia have circulated a proposal pushing for a delay to the phase-out of...

Officials from some G7 member countries, including the UK and Germany, will press for a temporary cut to biofuels mandates...

After weeks of debate, lawmakers in the EU Parliament agreed on Wednesday to pass legislation...

Germany's finance minister has said that the government now will not back a planned 2035 ban on sales of new gasoline...

The Netherlands has joined Germany and Austria in boosting coal power generation in a bid to preserve gas supplies...

The global production capacity of sustainable aviation fuel (SAF) will need to rise six-fold by the end...

President Joe Biden has renewed his attack on the oil industry in an interview with a news agency, contending oil firms have benefited from soaring energy prices...

The United States on Thursday sanctioned a network of Iranian petrochemical producers and front companies in China and...

After days of speculation, Argentina's government officially took measures Thursday to raise biodiesel blending in order...

Russia's participation in the OPEC+ oil producer group could last beyond the agreement's expiry at the...

Energy major BP has taken a 40.5% stake in a massive solar and green hydrogen project in West Australia's...

Argentina will implement a temporary 60-day increase in the amount of biodiesel allowed to be blended into diesel as...

Brazil's upper chamber has passed a law protecting the tax advantage of biofuels versus fossil fuels amid wider...

US president Joe Biden will visit Saudi Arabia as part of a Middle East trip next month, paving the way...

Demand for crude oil produced by OPEC members is set to outpace supplies by the third...

Japanese refiner Idemitsu Kosan has announced the first of its plans to wind down its capacity as it braces...

The approval of an increase in Argentina's biodiesel blend target to help reduce the need for expensive diesel imports and...

Gas flows along the Nord Stream 1 pipeline from Russia to Europe have dropped as Russia cuts off supply...