Oil Policy News

Global investment to decarbonise the world's energy system hit a record high in 2021, according to market analysts...

Saudi Aramco Chief Executive Amin Nasser said Thursday that investment in oil and gas was needed to run alongside new energy investments...

Sustainability consulting group Quantis published Thursday a new methodology for estimating the amount of CO2 sequestered by crops...

The city state of Singapore plans to release a new carbon tax level for large emitters together with its annual Budget Statement on...

China will implement a "dual control system" by central and provincial authorities for cutting CO2 emissions...

Industry body the Integrity Council for the Voluntary Carbon Market (IC-VCM) will launch a consultation on the future standards of the carbon market...

The White House said it faces logistical challenges in supplying additional liquid...

European industry is raising its hedge on EU carbon prices as a growing number expect prices to break through the...

The International Monetary Fund cut its forecast for this year's global economic growth on...

Total spending by governments, companies and consumers should reach $9.2 trillion per year in order to...

The Japanese government will apply a subsidy to oil refiners for each litre of gasoline...

Exporters of used cooking oil in Indonesia have decided to form a lobby group railing against new export restrictions that would...

Aerial surveys conducted during the past three years over the US Permian Basin have identified...

Japan's government is mulling the immediate introduction of gasoline subsidies to...

The world's largest registry for voluntary carbon projects, US-based Verra, has kickstarted a new programme to account for indirect emissions from supply chains, also known as scope 3...

Energy majors TotalEnergies and Chevron have pulled out a joint natural gas project in Myanmar amid shareholder...

The White House wants to accelerate the release of crude oil barrels from its Strategic...

The International Emissions Trading Association (IETA) has started work on new guidelines around the digitalisation of carbon markets and blockchain...

Libya can boost its crude oil output to 1.45 million barrels per day (bpd) this year if the...

Japan is seeking to expand its joint crediting mechanism across Asia Pacific...