Oil Policy News

India does not hold any rupee-nominated crude oil contracts with Russia and is not considering...

France is planning to build a floating liquified natural gas (LNG) terminal in the port of Le...

The US wants to introduce a new oil revenue mechanism in Libya in a bid to break the stalemate...

The US Special Envoy for Iran said Sunday that a deal to restore the Iranian nuclear accord is not imminent with...

Poland's largest airline has demanded that the EU ETS emissions scheme be scrapped as the aviation sector...

Chinese state-run refiner Sinopec has halted development of a $500 million petrochemical project in Russia...

The UK government has proposed to bring the domestic maritime sector into its carbon emissions trading scheme...

The US and the UK are working together to boost shipments of liquified natural gas (LNG)...

With wholesale diesel and gasoline prices rising 20-25% since Russian tanks rolled into Ukraine...

Demand destruction for natural gas in the EU will still be required even if the economic bloc...

The European Commission has set out its support for member states to cut biofuel targets to help ease pressure...

The UK government is planning to increase the production of North Sea oil and gas to counter rapidly increasing energy prices and provide...

Japan has lowered its road fuel subsidy for the first time since the start of the year, cutting its rebate to...

With inflation already hitting three-decade highs, soaring retail fuel prices are threatening to...

Dutch lender ING will no longer provide financing for new oil and gas fields while it pledged...

Brazil has removed import taxes on fuel ethanol, as part of a move to lower gasoline costs and overall price inflation...

The global economy is at risk of tumbling into a recession if the bulk of Russia's energy...

Joint buying of natural gas and LNG by the European Union would prevent TTF gas futures from...

Brazil's government has signed off on a new $1.4 billion investment program and tax incentives to...

The US government is listening closely to Chevron's lobbying in Washington in a bid to ease sanctions so the...