Oil Policy News

US energy major Exxon Mobile plans to achieve net-zero carbon emissions from all operating assets in the Permian Basin by...

The number of Americans who teleworked fell to a new pandemic low in November, but the rate of decline has slowed considerably in recent months...

Shell has pulled out of developing the controversial Cambo oil field in the North Atlantic, citing economic reasons for its...

The world is on course for a record 290 GW of renewable electricity added to global capacity in 2021, with energy...

Just as more nations were reopening their borders for international travellers...

The Australian government launched Tuesday a new voluntary scheme for companies wishing to report their greenhouse gas emissions...

Iran will not return to the 2015 nuclear deal unless all oil sanctions are lifted, said the country's foreign minister...

The recent surge in natural gas prices is due to "deliberate policies" of energy...

India's plan to resume international flights on 15 December is at risk amid the spread of the new Omicron variant of Covid...

South Korea unveiled plans Friday to meet 33% of final energy consumption and 23% of power generation using clean...

A Chinese crackdown on data providers has spread to the commodity space, with some suppliers...

Trade in old UN carbon credits has been brought to life after more than 190 nations agreed...

Global jet fuel refining margins plunged on Friday morning after a new and potentially more virulent Covid-19...

The current strength in oil and gas prices is 'partially artificial' and could be alleviated if producers ramped up available supplies...

By deciding to release emergency crude stocks in concert with several countries but without involvement from the IEA, the US has created...

The White House announced on Tuesday that it will release 50 million barrels of its own Strategic...

The US State Department has moved to add further names to its list of sanctioned entities involved in developing the...

The US will release 50 million barrels of oil from the Strategic Petroleum Reserve in a bid...

Congressional Democrats have called on President Joe Biden to combat high gasoline prices by not only releasing barrels from the US Strategic Petroleum Reserve but by banning...

There should be more certainty around future voluntary carbon market standards in April 2022, when the Voluntary Carbon Markets Integrity (VCMI) initiative finalises its guidance...