Oil Policy News

The Omicron variant of Covid sowed panic in oil markets at the end of November, leading to the sharpest drop in prices...

The share of electric vehicles (EVs) in total US vehicle sales is likely to double from around 4% in 2021 to 8% in 2022...

US Republican Senator Ted Cruz has moved to halt the opening of the Nord Stream 2 pipeline from Russia...

The International Energy Agency has proposed to make all its data and analysis freely available following calls from academics late last year...

Malaysia wants to roll out its delayed 20% biodiesel national blending programme by the end...

Controversial plans from the European Commission to label investment in gas and nuclear power as...

Kazakhstan's government has resigned after protests over hikes in LPG and diesel duties...

Carbon border adjustment schemes such as the one proposed by the European Union are likely to have a small measurable impact on emissions and suffer from multiple constraints...

Fires burned through an estimated 29.2 million hectares of forests and savannah in December, the third highest monthly total in 2021...

Oman's Ras Markaz crude oil storage in the city of Duqm on the southern Arabian coast...

Chinese crude oil production in the calendar year of 2021 will reach 199 million mt...

European gas futures tumbled nearly 20% on Thursday, wiping out a week's worth of...

Kazakhstan conceded Thursday it has produced above its OPEC+ quota in recent months, but said the overproduction was driven by seasonally high...

South Korea will release a combined 3.17 million barrels of crude oil and oil products from...

US registry Verra published Tuesday a new draft methodology for assessing carbon leakage from afforestation and reforestation...

German carbon consultancy Perspectives and Swiss project developer South Pole have started working on a new methodology to create carbon offsets from green hydrogen...

The UK government has proposed a series of potential new criteria for oil and gas companies to meet to...

Swiss bank UBS Asset Management (UBS AM) has excluded five "unresponsive" energy...

The price of EU allowances dropped €10/mtCO2e on Friday on profit-taking before the expiry of the front-month...

US registry Verra has started screening buyers of voluntary offsets associated with cryptocurrencies...